HKIoD Recommends Board Readiness Training for First-time Directors Before Appointment ACN Newswire

HKIoD Recommends Board Readiness Training for First-time Directors Before Appointment

HONG KONG, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Institute of Directors (“HKIoD”) welcomes(1) The Hong Kong Exchanges and Clearing Limited ("the Exchange")'s proposal to mandate directorship training for first-time directors and require all directors to undergo continuing professional development (“CPD”) training. To further uphold corporate governance standards and director professionalism, HKIoD thinks the Exchange can go further.Dr Christopher To, Chairman of HKIoD, said, “HKIoD welcomes the Exchange’s latest regular exercise to review and update the Corporate Governance Code and related Listing Rules. Although we do not agree with every element of the Exchange’s proposals, we certainly support the notion of making continuing professional development mandatory for all directors.”According to HKIoD, to make true the purpose and effect of continuing training, a board should have a suitable professional development policy for its directors. Continuing training is important for directors to keep up, but it must be distinguished from initial training. For those who do not have directorship training nor experience whatsoever, undergoing initial training on effective directorship and corporate governance is prudent. First-time directorship training should be a prerequisite prior to the director coming on board, however. “The Exchange should go further by encouraging individuals to have become ready for a board seat prior to appointment, rather than to start acquainting themselves with the demands of directorship post-appointment.” Dr To commented.Dr Carlye Tsui, CEO of HKIoD, supplemented, “We believe all company directors, when they first assume their posts, should have a firm grounding of the skills, knowledge and qualities required to meet the corporate governance demands of today. HKIoD long advocates the importance of corporate governance training, and we want to emphasise that proper initial training for first-time directors is one key aspect of the total quality of corporate governance training.”The Institute believes that attaining HKIoD Diploma level credential (or higher) should qualify as initial training now proposed for First-time Directors by the Exchange. The Institute also recommends transition course(s) for credentialed/experienced directors from other markets to help them become familiar with the Hong Kong market. HKIoD will gladly work with the Exchange to design and offer such programmes, and an accreditation regime for directorship training in Hong Kong.On proposals around time commitment and tenure of Independent Non-Executive Director (“INED”), Mr Henry Lai, Past Chairman of HKIoD and current Chairman of the Institute’s Corporate Governance Policies Committee, said, “The emphasis should be on whether the INED and the issuers involved have made an honest assessment as to the ability to devote sufficient time, not a broad-brush requirement on the director to limit the number of INED positions one may hold. Particularly, we do not agree with the Exchange’s proposal which only seeks to limit INED positions one may hold among Hong Kong issuers.” As to the question of how long is too long for an INED, Mr Lai added, “the answer ought to be ‘it depends’. It is the independence of mind that matters, not tenure.”The Exchange would also want issuers without an independent board chair to designate a Lead INED. Due to the many constraints and practical realities now exist in the Hong Kong market, HKIoD believes there are alternatives that can be more effective. “We do not tend to have majority INED in our market. The Lead INED will be chosen from a small group anyway. We should rather empower and encourage all INEDs to collectively perform, to bring the results that are sought under the Lead INED concept. Meetings with shareholders and stakeholders can be set up for all INEDs to take part. There can be an INED report section in the annual report,” Mr Lai commented. “Maybe we should encourage more issuers to have an independent board chair. An independent board chair working together with all the other INEDs can be more helpful,” Mr Lai continued.HKIoD has early on advocated the benefit of moving towards a majority INED, which can make INEDs collectively better able to perform their director roles. With INEDs comprising the majority, their active involvement in board matters becomes more necessary and their time commitment more valued. It should also allow much more room for meaningful rotation and refreshment through careful succession planning.Apart from the above, the Institute expressed support for many changes proposed by the Exchange including mandating board performance review, maintaining a board skills matrix, mandating the annual reviews of the effectiveness of the issuer’s risk management and internal control systems, disclosure of the issuer’s policy on payment of dividends and the board’s dividend decisions, and disclosures in respect of issuers’ modified auditors’ opinion. (1)The full response: HKIoD Response to HKEX ConsultationAbout The Hong Kong Institute of Directors (“HKIoD”)The Hong Kong Institute of Directors (“HKIoD”) is Hong Kong’s premier body representing directors working together to advance corporate sustainability in creating long-term value for companies, their owners, stakeholders, humankind and Planet Earth through advocacy and standards-setting in corporate governance and director professionalism. Led by Founder Chairman Dr The Hon Moses Cheng, HKIoD was founded in 1997. Throughout the years, HKIoD is honoured to have the Chief Executive of HKSAR as the Institute’s Patron. Membership of HKIoD comprises of directors from diverse industries and corporate types and includes Executive Directors, Non-Executive Directors and Independent Non-Executive Directors. With multi-culturalism and international perspectives, HKIoD organises activities that cover director training, seminars and forums, collective director voice, guideline establishment, public education, Award Series for Director Excellence, assessment of Corporate Governance Scorecard for listed companies etc. As a member body of the Global Network of Director Institutes (“GNDI”), HKIoD is committed to global collaboration in promoting good corporate governance and director professionalism. HKIoD is the appointed Host of the Hong Kong Chapter of Climate Governance Initiative, a global network that collaborates with the World Economic Forum in actively promoting directors’ address of the risks and opportunities of climate change.For details please visit: http://www.hkiod.com | http://www.gndi.org | https://climate-governance.org/Media Enquiries: Strategic Public Relations GroupBrenda Chan+852 2114 4396 / brenda.chan@sprg.com.hkThe Hong Kong Institute of DirectorsWing Wong+852 2889 1414 / wing.wong@hkiod.com– End – Copyright 2024 ACN Newswire via SeaPRwire.com.
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TRST01 Signs Landmark Memorandum of Understanding Agreement with Rubber Board of India for Centralised Compliance Solution for EUDR ACN Newswire

TRST01 Signs Landmark Memorandum of Understanding Agreement with Rubber Board of India for Centralised Compliance Solution for EUDR

SINGAPORE, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - TRST01, a sustainable tech company that helps businesses meet global sustainability rules while making their supply chains more transparent, trustworthy, and ethical, announces a groundbreaking Memorandum of Understanding (MoU) agreement with the Rubber Board of India to develop and implement a centralised compliance solution for the European Union Deforestation Regulation (EUDR). Through this strategic partnership, TRST01 becomes the first private entity in the world to enter into an MoU with a public entity for a one-stop compliance solution, setting a new standard in public-private partnerships.The MoU underscores the trust and confidence that the Rubber Board of India has in TRST01 as a key player in the sustainable technology space. While other entites have entered into contract-based agreements, this MoU represents a deeper, more integrated collaboration that is poised to revolutionise compliance processes for the Indian rubber industry.TRST01 and the Rubber Board of India will collaborate on geo-mapping rubber-growing land plots to ensure deforestation-free sourcing and responsible practices. This partnership will also develop a Centralized Database to enhance traceability, risk assessment, and compliance with European Union Deforestation Regulations (EUDR) in the rubber industry, with TRST01 as the technology partner. Ultimately, the MoU will help strengthen India's regulatory framework and position India as a global leader in sustainable rubber production.Speaking on the strategic agreement with TRST01, Mr. M. Vasanthagesan IRS, CEO and Executive Director of The Rubber Board, said, "This collaboration with TRST01 is a testament to our dedication to supporting the rubber sector. The initiatives outlined in this MoU will facilitate the exporters to comply with EUDR and make Indian rubber growers globally competitive and get wider opportunities for their produce.""This joint venture is a testament to our commitment to driving sustainability and compliance in the rubber industry," remarked Prabir Mishra, CEO and founder of TRST01. "It is a great honour to partner with the Rubber Board of India as this initiative can serve as a model for other industries and regions.For TRST01, the MoU will demonstrate how public-private partnerships can drive innovation in sustainability. The collaboration represents a shared vision for a sustainable future. It will significantly benefit Indian rubber producers, highlighting how TRST01 can help producers achieve global compliance standards in sustainability.About TRST01TRST01 provides cutting-edge technology solutions that ensure supply chain traceability, accurate ESG reporting, digital measurement of sustainability impacts, and the secure management of carbon credits. TRST01 stands out for its simplicity, adaptability, and focus on creating tangible impacts on sustainability, making it accessible and effective for many users, from smallholder farmers to multinational corporations. It is also at the forefront of the regenerative finance movement, creating financial tools that promote practices that restore rather than deplete the earth's resources.TRST01's approach fundamentally transforms how businesses view sustainability by creating a direct and tangible impact on People, Planet, and Profitability. Our innovations are not just about compliance; they make a sustainable ecosystem where every participant benefits. Visit trst01.com to learn more.About Rubber Board IndiaThe Rubber Board of India, headquartered in Kottayam, Kerala, is a statutory body under the Ministry of Commerce and Industry, Government of India. Established in 1947, it plays a pivotal role in the development of the rubber industry in India. The Board's responsibilities encompass research, development, and extension activities related to natural rubber cultivation, production, and processing. It also regulates the marketing of rubber and ensures fair prices for both growers and consumers. Through its various initiatives, the Rubber Board strives to enhance the productivity and sustainability of the rubber industry in India, thereby contributing to the economic growth of the country.Media Contact:Sheree TanSenior AssociatePINPOINT PR Pte. Ltd.sheree@pinpointpr.sg | pinpointpr.sgSG: +65 8313 9472Hakim IshakAssociatePINPOINT PR Pte. Ltd.hakim@pinpointpr.global | pinpointpr.sgSG: +65 8949 3040 Copyright 2024 ACN Newswire via SeaPRwire.com.
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阳光保险宣布2024年中期业绩

2024年中期业绩摘要:- 实现总保费收入人民币764.6亿元,同比增长12.8%;- 实现保险服务收入人民币314.9亿元,同比增长4.4%;- 归属母公司股东的净利润人民币31.4亿元,同比增长8.6%;- 内含价值为人民币1,126.4亿元,较上年末增长8.2%;- 年化综合投资收益率7.2%,年化总投资收益率3.6%;- 截至2024年6月末,有效客户数约3,078.4万。香港, 2024年8月28日 - (亚太商讯 via SeaPRwire.com) — 阳光保险集团股份有限公司(「阳光保险」或「公司」,及其附属公司统称「集团」;股份代号:6963.HK)宣布公司及其附属公司(「集团」)截至2024年6月30日止六个月之未经审计中期业绩。2024年上半年,中国国民经济运行总体平稳,稳中有进,新动能加快成长,高品质发展取得新进展。保险行业作为经济体系的重要组成部分,展现出积极的发展趋势,供需推动市场规模日益增长。作为本世纪成立的205家内地保险企业中唯一上市的传统险企,集团积极抢抓经济向好与保险需求日益增长的发展机遇,推进各项业务稳健增长,价值创造能力持续加强,继续保持良好的发展态势。报告期内,集团实现总保费收入人民币764.6亿元,同比增长12.8%。实现保险服务收入人民币314.9亿元,同比增长4.4%。归属于母公司股东的净利润人民币31.4亿元,同比增长8.6%。内含价值为人民币1,126.4亿元,较上年末增长8.2%。年化总投资收益率3.6%,年化综合投资收益率7.2%。2024年6月末,集团有效客户数约3,078.4万。核心主业进一步稳固加强 价值创造能力跃升2024年上半年,集团坚定走高质量发展、高价值成长的发展道路,持续推进以「科技阳光」「价值阳光」「知心阳光」为核心的「新阳光战略」,通过模式创新打造阳光特有的核心竞争力,经营业绩稳步增长,价值创造能力跃升,保险主业核心能力进一步稳固加强,整体市场竞争力有效提升。寿险业务方面,阳光人寿坚定价值发展,扎实推进「新阳光」战略落地实施,多元渠道发展优势持续夯实,队伍转型发展初步见效,同时,强化资产负债联动,升级优化产品与服务体系,经营呈现「稳中向好」「稳中提质」的良好态势。报告期内,寿险总保费收入517.6亿元,同比增长12.9%;新业务价值37.5亿元,同比增长39.9%;个险渠道实现总保费收入136.9亿元,同比增长25.5%,其中新单期缴保费收入人民币35.8亿元,同比增长18.5%;职域营销新单期缴保费收入同比增长42.7%。多元渠道协同发展,整体价值快速增长,有效人力企稳回升、产能持续提升。财险业务方面,阳光财险坚持「好中求进」发展理念,扎实推进「新阳光」战略落地实施,高质量发展基础持续夯实。报告期内,阳光财险业绩稳健增长,业务结构持续优化,业务品质保持良好,实现原保险保费收入246.5亿元,同比增长12.4%;非车险保费占比46.1%,同比提升4.8个百分点;家用车保费在车险中占比62.4%,同比提升1.5个百分点。承保综合成本率99.1%,实现承保利润2.0亿元。资产管理领域,集团秉持长期价值投资理念,持续优化资产负债管理体系,始终保持清晰的战略定力,发挥全品种投资资质及多元化投资能力优势,同时不断提升投研能力,在严格管控投资风险的前提下,科学灵活地进行战术资产配置,为保险资金创造长期、稳定、可持续的投资业绩。报告期内,集团投资业绩保持稳定,实现总投资收益83.3亿元,同比增长8.2%;年化总投资收益率3.6%,年化综合投资收益率7.2%。数字化转型持续深化 不断提升客户体验与运营效率科技是推动金融行业发展的关键力量,也是推动经济发展的重要动力源泉。报告期内,集团以提升客户体验、提高运营效率和管理水平为目标,发力「人工智能+」,重点领域AI应用取得突破,数字化转型持续深化。在销售支持方面,优化升级产寿险销售管理平台,财险打通主要非车产品从询价到出单的全线上化闭环流程,完善营销活动数字化闭环,赋能销售人产人效双提升。寿险「懂你保险」协助代理人为客户提供保障规划与产品推荐。在客户服务方面,持续建设客户线上化服务平台,财险增值服务线上化率96.3%;寿险保全服务线上化率96.4%。在管理赋能方面,打造全集团智能风控系统,财险完善「非车数据生命表」体系,提升非车险风险定价能力;寿险累计构建354项风险线上监测指标,有效防范风险。此外,集团还强化AI可用数据和阳光正言大模型智能体建设,在客户服务、智能理赔、智慧办公等场景深化应用。客服机器人为客户提供保单查询、车险报案、寿险回访等服务,无人工服务的客户满意度90.2%。财险智能理赔人伤定损的单证分类与外表伤情识别功能使用率超过80%,单证分类准确率达95.6%。阳光办公GPT累计使用102万次,覆盖84%的员工。「知心阳光」战略深入推进,客户思想有效落地「一切为了客户」是阳光保险秉持的经营价值观,也是打造「知心阳光」战略的源点。为深入推进「知心阳光」战略,2024年上半年,阳光人寿以「三╱五╱七」产品体系为抓手,持续推进「纵横计划」,不断丰富「三╱五╱七」产品体系内涵,持续满足客户不同生命周期的保险产品需求。包括健康保障方面,推出少儿专属定期重疾险、少儿高端意外医疗、母婴医疗险,满足客户家庭特定人群的健康保障需求,进一步扩大客户覆盖范围;养老、财富传承方面,加快分红险产品布局,满足客户差异化储蓄需求;国家政策支持产品方面,丰富税优健康险、个人养老金等产品供给,推动政策性商业保险惠及更多客户。另外,阳光人寿持续强化「知心阳光」服务体系建设,以客户视角提升服务设计能力,满足客户核心服务需求。同时在服务管理方面,不断提升客户服务效率,如推进「聆听客户」的服务机制,扩容升级「客户体验官」队伍,持续提升直通客户的服务能力。阳光财险持续深化客户需求洞察研究,致力于建立便捷的客户服务体系,践行「让我们的服务成为客户选择阳光的理由」的服务格言。个人客户方面,持续深化分客群差异化经营体系,不断为客户提供更加丰富的差异化产品组合和个性化服务体验,进一步增强客户黏性。2024年上半年家用车续保率64.2%,同比持续提升,个人车险客户非车险产品购买比例达到55.5%,同比提升7.6个百分点。团体客户方面,持续推进「伙伴行动」风险管理服务落地,2024年上半年,累计为8,595个企业客户提供科技减损和专业风险咨询服务,同时升级打造「保险+科技+服务」的全量风险管理服务模式,帮助客户完善风险管理能力。积极践行可持续发展 全面助力实体经济及绿色转型积极践行可持续发展,切实履行社会责任,是企业的核心价值和长远发展的关键。2024年上半年,集团积极服务国家战略,不断提升支持实体经济的质效,为实体经济提供风险保障50.4万亿元,提供资金支持逾4,200亿元。其中,为约1.8万家小微企业提供风险保障近2,200亿元;提供农业风险保障353亿元,支付理赔款1.5亿元,惠及约4.4万农户;为331个「一带一路」项目提供风险保障602亿元,涉及67个「一带一路」共建国家;为406家科创类企业提供风险保障约326亿元。同时,集团全面助力绿色转型,实现和谐共生,持续丰富绿色保险产品服务体系,2024年上半年为122万次企业及个人提供绿色保险保障近8万亿元,提供赔款支持约23亿元。积极应对气候变化,增强自身气候抵御力。同时持续完善可持续投资框架与政策,截至2024年6月末,可持续投资余额近550亿元,其中绿色投资超190亿元。此外,集团履行社会责任,积极投身公益,充分发挥保险主业、医疗资源优势作用,积极组织参与助学、助老等各类公益活动。截至2024年6月末,在全国24个省份累计援建74所博爱学校;「万名村医能力提升计划」累计培训乡村医生20,397人次;真诚关爱员工及其家人,累计为44,182名员工发放父母赡养津贴5.4亿元。凭借强劲的综合实力与良好的发展势头,8月16日,恒指公司公布最新季检结果,集团成功获纳入恒生综合小型股指数,变动将于2024年9月6日收市后实施并于2024年9月9日起生效。中金公司的研究报告指出,凭借一系列的标准和卓越的运营表现,阳光保险集团有望被纳入港股通。此次被纳入恒生综合指数是一个重要的里程碑,一方面代表了市场对阳光保险业绩和发展潜力的认可,有助于提高集团在资本市场和保险领域的知名度。另一方面,基于良好的基本面,将吸引更多的投资者增加对集团股票的配置需求,从而提高交易流动性。2024年下半年,国家将围绕推进中国式现代化进一步全面深化改革,深入挖掘内需潜力,经济有望呈现持续回升向好态势。从长期看,中国经济长期向好的基本趋势没有改变,保险业正迎来高质量发展的历史性机遇,并将发挥不可替代的重要作用。展望未来,集团将坚守“创立一家受人尊重的百年企业”的创业初心与主业定力,坚定推进「新阳光战略」,围绕国家政策导向和行业发展趋势,积极做好金融「五篇大文章」,在精准服务国家战略、支援实体经济、保障社会民生中高效发挥保险专业优势,不断提升阳光的核心竞争力,持续推进高质量发展、高价值成长,为金融强国宏伟蓝图的绘制以及金融行业的高质量发展注入智慧与活力。 —完—关于阳光保险集团股份有限公司阳光保险集团股份有限公司是中国一家快速成长的民营保险服务集团。自成立以来,集团以价值创造为主线,致力于为客户提供专业的风险保障及综合服务解决方案。集团通过阳光人寿经营寿险和健康险业务,通过阳光财险经营财产险业务,并通过阳光资管对保险资金进行运用管理。截至2024年6月30日,集团已连续13年蝉联中国企业联合会发布的中国企业500强,连续13年被世界品牌实验室评选为「中国500最具价值品牌」,并成为了我国既获得国内驰名商标认定同时又入选国际知名评级机构Brand Finance「全球保险品牌价值百强」榜单的五家保险企业之一。 Copyright 2024 亚太商讯 via SeaPRwire.com.
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香港董事学会建议首次担任董事前需接受专业培训 ACN Newswire

香港董事学会建议首次担任董事前需接受专业培训

香港, 2024年8月28日 - (亚太商讯 via SeaPRwire.com) — 香港董事学会就香港交易及结算所有限公司(「香港交易所」)建议要求首次担任董事的人士接受专业培训,并要求所有董事接受持续专业进修的举措表示欢迎(1)。香港董事学会认为香港交易所可以在董事培训方面再做多一点,以进一步维护企业管治标准和董事专业水平。香港董事学会主席陶荣博士表示:「香港董事学会对香港交易所这一次就《企业管治守则》及相关《上市规则》的定期检讨及更新深表认同。香港董事学会虽然并不是对香港交易所建议的每项内容都表示同意,但我们支持要求所有现有董事接受持续专业进修的观点。」香港董事学会认为,董事会必须为其董事们制定合适的专业培训政策方可实现持续专业进修的目的和绩效。持续专业进修对于董事而言极之重要,大家亦要清楚它与首次培训是分䦕的。对于从未接受专业董事培训或任何经验的人士,接受董事及企业管治的初步专业培训极其关键。董事的首次专业培训是董事上任前的先决条件,陶荣博士因此认为:「交易所应该鼓励有关人士在任命前就应该为加入董事会做好准备,而不是在任命后才开始熟习董事职位的要求。」香港董事学会行政总裁徐尉玲博士补充:「我们相信当公司董事首次上任,都应具备能符合当今企业治理需求所需的技能、知识和素质的坚实基础。香港董事学会一直倡导企业管治的专业培训的重要性,我们想强调的是,为首次担任董事人士提供适当的初步专业培训是为整体企业管治专业进修奠定关键基础。」香港董事学会认为,获得香港董事学会文凭级别证书(或更高级别)便符合香港交易所目前为新任董事建议的初步专业培训资格。香港董事学会亦为来自其他市场的合资格/有经验的董事推荐过渡课程,以帮助他们熟悉香港市场。香港董事学会乐意与交易所合作,设计及提供此类课程,以及在香港设立董事专业培训的资历认证制度。关于独立非执行董事时间投入和任期的建议,香港董事学会前任主席及学会企业管治政策委员会现任主席赖显荣律师认为:「重点应放在董事和相关发行人是否对投入足够时间的能力进行诚实的评估,而不是笼统地限制董事出任独立非执董的数目。我们尤其不同意香港交易所建议只限制出任香港发行人独立非执董职位的数目。另外,对于独立非执行董事的职责,多长时间才算太长的问题,答案应该是『视情况而定』,因为独立思维比任期长短更重要。」香港交易所亦希望没有独立董事会主席的发行人需指定一名首席独立非执行董事。惟由于香港市场目前存在许多限制,以及出于现实情况的考量,香港董事学会相信应该有更有效的建议。赖显荣律师称:「如今市场情况并不倾向于让独立非执董占多数。况且首席独立非执董毕竟是由小众人士所选。相反,我们应该授权并鼓励所有独立非执董共同履行职责,以实现设置首席独立非执董所希望达成的目标。另外,所有独立非执董均可安排与股东及持份者会面,年报内也可增设独立非执董的报告。」赖显荣律师续称:「我们也许应该鼓励更多的发行人设立独立的董事会主席。独立董事会主席与所有其他独立非执行董事携手合作无疑更有效率。」香港董事学会数年前已提倡增加独立非执行董事的人数以全力履行其角色。当独立非执行董事的占比增大,他们参与董事会事务的积极性和时间投入将获得大大提升。通过周详的继任计划,也能使职位更替和更新变得更有意义。除上述内容外,香港董事学会对香港交易所提出的多项改革表示支持,包括要求董事会进行绩效评估、建立及更新董事会技能列表、要求每年检讨发行人风险管理及内部监控系统的有效性、披露发行人的股息支付政策及董事会的派息决定,以及披露发行人经修改的核数师意见。(1)香港董事学会的回应全文: HKIoD Response to HKEX Consultation香港董事学会(简称“HKIoD”,又以下简称「学会」)香港董事学会为香港代表董事共同努力的首要组织,其宗旨是促进企业永续发展职能,为所有公司、其拥有者、持份者、人类以至地球创造持久价值;为达成使命,学会致力于企业管治(「企业管治」又称「公司治理」)及董事专业行为上的倡导及厘定相关标准。学会于1997年由创会主席郑慕智博士带领下创始,多年来非常荣幸获得香港特别行政区行政长官担任学会赞助人。学会会员来自不同行业及公司类别,并包括执行董事、非执行董事、独立非执行董事。学会以多元文化及国际视野进行会务,举办活动包括董事培训课程、研讨会与论坛、董事立场喉舌、指引设定、公众教育、董事嘉奖系列、上市公司管治水平厘定等。作为「董事学会环球网络」(Global Network of Director Institutes 简称“GNDI”)的成员组织,学会投入全球性联手推动优秀企业管治及董事专业行为。学会亦获委派代办「气候管治行动」(Climate Governance Initiative)之香港分部,该行动是与「世界经济论坛」(World Economic Forum)合作的环球网络,积极促进董事们处理气候变化带来的风险与机遇。详情请浏览:http://www.hkiod.com | http://www.gndi.org | https://climate-governance.org/新闻垂询: 纵横公共关系顾问集团有限公司陈 练+852 2114 4396 / brenda.chan@sprg.com.hk香港董事学会王俊泳+852 2889 1414/ wing.wong@hkiod.com Copyright 2024 亚太商讯 via SeaPRwire.com.
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Cisgenics Brings Next-Generation Irrigation Technology to Australia ACN Newswire

Cisgenics Brings Next-Generation Irrigation Technology to Australia

SYDNEY, AU, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - Cisgenics, a pioneer of world-class sustainable irrigation solutions, has entered the Australian market, introducing their next-generation irrigation solutions which hold the potential to shape the future of water management in Australia. The company is opening its first office in Adelaide and undertaken a number of significant projects including a world-class sporting venue and various projects for the City of West Torrens in South Australia. These projects address urban green space management and water optimisation to maintain lush, inviting landscapes while adhering to strict water conservation mandates.Australia faces pressing challenges such as water overconsumption, frequent droughts, and the resulting heightened risk of fires, all of which threaten the sustainability of agricultural practices, urban green spaces, and notable landmarks. Cisgenic’s flagship solution, CisgenX, derived from over 45 years of experience in irrigation experience across more than 1,000 projects, can help overcome some of these issues. A proven solution, CisgenX will be deployed at some of the world’s most recognisable and photographed locations including, Bay East Gardens, and the Founders Memorial at Singapore's Gardens by the Bay, along with the Nad Al Sheba Road in the UAE."We see a significant market for CisgenX in Australia, where water conservation and droughts are critical concerns,” says Sam Rebera, Managing Director of Cisgenics. "To help local businesses and communities meet their sustainability goals, we are striving to earn the Smart Approved Watermark, which we believe will establish CisgenX as Australia’s leading sustainable irrigation solution. To support this goal and manage the projects we've secured, we are in the process of opening an office in Adelaide."Cisgenics designs solutions to meet the unique needs of various industries, from golf courses and landscapes to agribusiness. Their precision irrigation systems enhance turf health, create water-efficient green spaces in both urban and rural areas, and boost crop yields. CisgenX, utilises advanced IoT (Internet of Things) technology and machine learning algorithms to optimise water, fertiliser, and energy use. This state-of-the-art solution helps optimise water usage and manage plant health.The integration of technologies in the CisgenX solution enables precision irrigation, where machine learning algorithms will work alongside weather data to predict water needs with pinpoint accuracy, significantly reducing water waste. The platform’s advanced sensors and real-time monitoring optimise resource use, saving money, conserving water, and ensuring plant health. Internal studies have shown that CisgenX can cut water consumption by up to 40%, and in some cases, by as much as 70% on traditional methods of irrigation. These significant reductions help clients meet their ESG goals while providing real-time data through IoT sensors that monitor soil moisture and other critical factors."Through our advanced irrigation solutions, we are not only addressing immediate concerns like water scarcity and fire risk but also contributing to a sustainable future for Australia," added Rebera. "Our goal is to support the country’s efforts to manage its natural resources responsibly while ensuring that essential green spaces thrive.”Cisgenics will be showcasing these products and more at the upcoming Irrigation Conference 2024 in Sydney from 2-4 September. Attendees are invited to visit Booth 88 to learn how their solutions can transform irrigation practices in Australia and beyond.About CisgenicsCisgenics is dedicated to revolutionising the irrigation industry through innovative, AI-powered solutions that optimise water and energy use, promote sustainability, and ensure the health and longevity of green assets worldwide. With more than 45 years of experience, Cisgenics combines deep industry knowledge with the latest technological advancements to offer precision, efficiency, and sustainability in water management. Visit cisgenics.com for more information.For more information, please contact:Illka GobiusManaging DirectorPINPOINT PR Pte. Ltd.Email: illka@pinpointpr.globalPhone: (AU) 0429 396 275 or (SG) +65 9769 8370 Copyright 2024 ACN Newswire via SeaPRwire.com.
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Black Spade Acquisition II Co Announces Pricing Of $150 Million Initial Public Offering ACN Newswire

Black Spade Acquisition II Co Announces Pricing Of $150 Million Initial Public Offering

HONG KONG, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - Black Spade Acquisition II Co (the “Company”), a special purpose acquisition company (“SPAC”) sponsored by an affiliate of Black Spade Capital Limited, announced today the pricing of its initial public offering of 15,000,000 units at a price of $10.00 per unit. The units are expected to be listed for trading on The Nasdaq Stock Market LLC (“Nasdaq”) under the ticker symbol “BSIIU” on August 28, 2024.Each unit consists of one Class A ordinary share and one-third of one redeemable warrant, with each whole warrant exercisable to purchase one Class A ordinary share at a price of $11.50 per share, subject to certain adjustments. No fractional warrants will be issued upon separation of the units and only whole warrants will trade. Once the securities comprising the units begin separate trading, the Class A ordinary shares and warrants are expected be listed on Nasdaq under the ticker symbols “BSII” and “BSIIW”, respectively. The offering is expected to close on August 29, 2024, subject to customary closing conditions.The Company’s management team is led by Dennis Tam, Executive Chairman & Co-CEO, Kester Ng, Co-CEO & CFO and Richard Taylor, Co-CEO & COO, each of who served as executive director of or advisor to Black Spade Acquisition Co (“BSAQ”), a SPAC also sponsored by an affiliate of Black Spade Capital Limited. BSAQ completed its $169 million initial public offering in August 2021. In August 2023, BSAQ completed a $23 billion business combination with VinFast, a leading Vietnamese automaker and the first Vietnamese business to list in the U.S. by way of a business combination. Clear Street and Cohen & Company Capital Markets, a division of J.V.B. Financial Group, LLC, are acting as joint book-running managers. Latham & Watkins LLP is serving as legal counsel to the Company. Loeb & Loeb LLP is serving as legal counsel to the underwriters.The public offering is being made only by means of a prospectus. When available, copies of the prospectus may be obtained from Clear Street, Attn: Syndicate Department, 150 Greenwich Street, 45th floor, New York, NY 10007, by email at ecm@clearstreet.io, or from the SEC website at www.sec.gov.A registration statement relating to the securities has been filed with the U.S. Securities and Exchange Commission (“SEC”) and became effective on August 23, 2024. This press release shall not constitute an offer to sell or the solicitation of an offer to buy, nor shall there be any sale of these securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful prior to registration or qualification under the securities laws of any such state or jurisdiction.(from the left) Kester Ng, Co-CEO and CFO, Dennis Tam, Chairman and Co-CEO,Richard Taylor, Co-CEO and COO– End –About Black Spade Acquisition II CoBlack Spade Acquisition II Co is the second SPAC of its founder, Black Spade Capital and its management team incorporated for the purpose of effecting a merger, share exchange, asset acquisition, share purchase, reorganization or similar business combination with one or more businesses or assets. While the Company may pursue an acquisition or a business combination with a target in any business or industry, it believes that the entertainment, lifestyle and technology industries, particularly those that are major beneficiaries of artificial intelligence (“AI”), provide ample business combination opportunities.Forward-Looking StatementsThis press release contains statements that constitute "forward-looking statements," including with respect to the proposed initial public offering, the anticipated use of the net proceeds, and the search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated.Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and preliminary prospectus for the Company's initial public offering filed with the SEC. Copies of these documents are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.Investor Contact:IR@blackspadeacquisitionii.comMedia Enquiries:Strategic Financial Relations Limited Vicky LeeTel: +852 2864 4834Email: vicky.lee@sprg.com.hkLilia YangTel: +852 2864 4833Email: lilia.yang@sprg.com.hkWebsite: www.sprg.com.hk Copyright 2024 ACN Newswire via SeaPRwire.com.
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Bahrain Gears Up to Host the 2nd Edition of Fintech Forward in October ACN Newswire

Bahrain Gears Up to Host the 2nd Edition of Fintech Forward in October

MANAMA, Bahrain, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - Bahrain is gearing up for its second edition of Fintech Forward, which will be programmed by Economist Impact, hosted by Bahrain Economic Development Board (Bahrain EDB) and supported by the Central Bank of Bahrain (CBB) and Bahrain FinTech Bay (BFB). The flagship installment of 2024's Transformation Agenda series will take place on October 2nd and October 3rd, 2024, at Exhibition World Bahrain.Featuring a series of panel discussions, the two-day event will unite global fintech experts with financial institutions, governments, and regulators to tackle trending topics across generative AI, blockchain technologies, cybercrime, open banking, evolving consumer behaviour, the impact of new regulations, as well as best practices in prioritising sustainable financial initiatives. Against a backdrop of these insightful discussions that will deliberate on the evolving advancements and imminent challenges facing the global financial services industry, Fintech Forward will serve as a platform for both strategic collaboration and networking with leading players across the region and beyond.As a singular financial regulator, the CBB has consistently enhanced the competitiveness of Bahrain's financial services sector, supporting the national transition to a digital economy by pioneering new regulatory frameworks and legislation, all while introducing innovative platforms in the likes of the Regulatory Sandbox. Year after year, Bahrain EDB has continued to attract investments into focused sectors in line with national priorities, fostering ongoing discussions with the private and public sectors to create a business-friendly environment backed by progressive legislation. Further driven by a thriving financial services ecosystem that comprises a balanced portfolio of leading international conventional banking institutions alongside new financial players, including crypto asset service providers, digital payment providers, and highly-specialised firms; Bahrain has earned a reputation as a leading hub of fintech in the Middle East and North Africa region.Following the successful inaugural event last year, which secured attendees from across the world, Fintech Forward has cemented itself as a platform for innovative leaders to share experiences, collaborate on learnings, and connect with their peers. Showcasing Bahrain's phenomenal progress in digital transformation, expanding its fintech space, and success in developing a highly skilled talent pool to further fuel the growth of a booming industry, this year's flagship event is expected to be yet another resounding achievement.More information on Fintech Forward 2024, which will be programmed by Economist Impact and hosted by Bahrain EDB, can be found on https://events.economist.com/fintechforward/.For more information, please contact:Abdulelah AbdullaCommunications DepartmentEconomic Development BoardPhone: +973-39798919E-mail: internationalmedia@bahrainedb.comAbout Bahrain Economic Development Board (Bahrain EDB)The Bahrain EDB is an investment promotion agency with the overall responsibility of attracting investment into the Kingdom and supporting initiatives that enhance the investment climate.The Bahrain EDB works with the government and both current and prospective investors, to ensure that Bahrain's investment climate is attractive, to communicate the key strengths, and to identify where opportunities exist for further economic growth through investment.The Bahrain EDB focuses on several economic sectors that capitalise on Bahrain's competitive advantages and provide significant investment opportunities. These sectors include financial services, manufacturing, logistics, ICT, and tourism.For more information on the Bahrain EDB visit www.bahrainedb.comBahrain FinTech BayBahrain FinTech Bay (BFB) provides a physical hub to incubate insightful, scalable and impactful FinTech initiatives through innovation labs, acceleration programs, curated activities, educational opportunities and collaborative platforms. BFB partners with governmental bodies, financial institutions, corporates, consultancy firms, universities, associations, media agencies, venture capital and FinTech startups to bring the full spectrum of financial market participants and stakeholders together.SOURCE: Bahrain Economic Development Board Copyright 2024 ACN Newswire via SeaPRwire.com.
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巴林准备在10月份举办第二届“金融科技前沿”大会 ACN Newswire

巴林准备在10月份举办第二届“金融科技前沿”大会

巴林麦纳麦, 2024年8月28日 - (亚太商讯 via SeaPRwire.com) - 巴林正在为第二届“金融科技前沿”大会做准备,该大会将由《经济学人》影响力机构策划,巴林经济发展委员会(Bahrain EDB)主办,并得到巴林中央银行(CBB)和巴林金融科技湾(BFB)的支持。2024年转型议程系列的旗舰活动将于2024年10月2日和10月3日在巴林展览世界举行。本次为期两天的活动将包括一系列的专家讨论,汇聚全球金融科技专家、金融机构、政府和监管机构,共同探讨生成式人工智能、区块链技术、网络犯罪、开放银行、消费者行为变化、新法规的影响以及优先考虑可持续金融倡议的最佳实践等热门话题。在这些深入讨论的背景下,会议将审议全球金融服务行业面临的不断进展和迫切挑战。金融科技前沿大会将成为战略合作和与区域及全球领先玩家进行网络交流的平台。作为唯一的金融监管机构,巴林中央银行(CBB)一直致力于提升巴林金融服务部门的竞争力,通过开创新的监管框架和立法来支持国家向数字经济的转型,同时引入了创新平台,如监管沙箱。多年来,巴林经济发展委员会(Bahrain EDB)不断吸引符合国家优先事项的投资,推动与私营部门和公共部门的持续讨论,以创造一个由进步立法支持的商业友好环境。再加上一个繁荣的金融服务生态系统,该系统包括领先的国际传统银行机构与新的金融参与者,如加密资产服务提供商、数字支付提供商和高度专业化的公司;巴林已经赢得了中东和北非地区金融科技中心的声誉。继去年成功举办首届大会并吸引了来自全球的与会者之后,“金融科技前沿”大会已巩固了作为创新领导者分享经验、合作学习和与同行联系的平台。展示了巴林在数字化转型、扩大金融科技领域以及成功培养高度专业人才方面的显著进展,进一步推动了蓬勃发展的行业,今年的旗舰活动预计将再创辉煌成就。关于由《经济学人》影响力机构策划、巴林经济发展委员会主办的2024年“金融科技前沿”大会的更多信息,请访问 https://events.economist.com/fintechforward/ 。欲了解更多信息,请联系:Abdulelah AbdullaCommunications DepartmentEconomic Development BoardPhone: +973-39798919E-mail: internationalmedia@bahrainedb.com关于巴林经济发展委员会(Bahrain EDB)巴林经济发展委员会(Bahrain EDB)是一个投资促进机构,负责吸引投资进入王国,并支持提升投资环境的各项举措。巴林经济发展委员会与政府以及现有和潜在的投资者合作,确保巴林的投资环境具有吸引力,传达关键优势,并识别通过投资实现进一步经济增长的机会。巴林经济发展委员会关注多个经济领域,这些领域利用巴林的竞争优势并提供显著的投资机会。这些领域包括金融服务、制造业、物流、信息与通信技术(ICT)和旅游业。有关巴林经济发展委员会的更多信息,请访问 www.bahrainedb.com。巴林金融科技湾(BFB)巴林金融科技湾(BFB)提供一个实体中心,通过创新实验室、加速计划、策划活动、教育机会和合作平台,孵化具有洞察力、可扩展性和影响力的金融科技项目。BFB 与政府机构、金融机构、企业、咨询公司、大学、协会、媒体机构、风险投资和金融科技初创公司合作,将金融市场的所有参与者和利益相关者汇聚在一起。来源: Bahrain Economic Development Board Copyright 2024 亚太商讯 via SeaPRwire.com.
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MClean Technologies Reports Strong 177% Growth in Profit Before Tax for Q2 FY2024 ACN Newswire

MClean Technologies Reports Strong 177% Growth in Profit Before Tax for Q2 FY2024

MALAYSIA, Aug 28, 2024 - (ACN Newswire via SeaPRwire.com) - MClean Technologies Berhad ("MClean Technologies" or the "Company"), an established provider of precision cleaning and surface treatment solutions, is pleased to announce its financial results for the second quarter ended 30 June 2024 (“Q2 FY2024”). The Company has recorded its second consecutive profitable quarter in the financial year ending 31 December 2024 (“FY2024”), marking a significant turnaround in its financial performance.Datuk Dr. Terence Tea Yeok Kian, the Executive Chairman and Managing Director of MClean Technologies BerhadFor Q2 FY2024, MClean Technologies reported revenue of RM15.5 million, a 30% increase compared to RM12.0 million in the same quarter last year (“Q2 FY2023”). This increase in revenue is largely attributed to stronger demand for the Company’s precision cleaning and surface treatment services. Notably, the Company achieved a profit before tax (“PBT”) of RM1.0 million, a substantial improvement from the loss before tax of RM1.1 million in Q2 FY2023, due to higher revenue in the current quarter and the successful implementation of cost management initiatives.Comparing to the immediate preceding quarter (“Q1 FY2024”), MClean Technologies recorded an 18% growth in revenue from RM13.1 million to RM15.5 million, driven primarily by increased demand for its precision cleaning services. In tandem with this revenue growth, the PBT of the Company surged by 177% in Q2 FY2024, compared to RM0.4 million PBT in Q1 FY2024.For the first six months of FY2024 (“6M FY2024”), MClean Technologies reported revenue of RM28.7 million, a 19% increase compared to RM24.0 million in the same period last year (“6M FY2023”), primarily due to stronger demand for precision cleaning and surface treatment services. The Company’s PBT for 6M FY2024 stood at RM1.3 million, marking a remarkable turnaround from the loss before tax of RM2.2 million in the corresponding period of FY2023. This growth underscores the consistent demand for MClean’s services, particularly in the Hard Disk Drive (HDD) and consumer electronics sectors.With the entry of the new substantial shareholder, Accrelist Crowdfunding Pte. Ltd., a wholly-owned subsidiary of Accrelist Ltd. (“Accrelist”), on 2 July 2024, which currently holds 28.5% stake in MClean Technologies, MClean Technologies aims to leverage on the strategic partnership opportunity that is presented by Accrelist’s extensive expertise in business transformation and growth.Accrelist, listed on the Catalist Board of the Singapore Exchange, is a diversified group with interests in medical aesthetics and injection moulding services, held through its subsidiary, Jubilee Industries Holdings Ltd, which is also listed on the Catalist. With the entry of this new shareholder, MClean Technologies is exploring various synergistic strategies to increase market share, expand customer and sector opportunities, and deepen cost-efficiency efforts through enhanced expertise and talent resource utilisation.Datuk Dr. Terence Tea Yeok Kian, Executive Chairman and Executive Director of MClean Technologies said, “We are very pleased with our performance in the second quarter of 2024, which marks our second consecutive profitable quarter in the current financial year. The strong financial results reflect the hard work and dedication of our team, as well as the strategic decisions we have made to enhance operational efficiency. The successful turnaround of the company demonstrates our commitment to building sustainable growth and profitability. Our focus remains on sustaining this positive momentum and achieving long-term profitability. We are particularly encouraged by the growth in demand for our HDD solutions in Malaysia and Thailand, and we will continue to leverage our strengths to deliver value to our shareholders.”Looking ahead, MClean is dedicated to maintaining its positive momentum and focusing on long-term profitability. The management team is confident that the Company's strategic initiatives, combined with ongoing cost management efforts, will position MClean for continued success in the quarters to come.As of 27 August 2024, the share price of MClean Technologies had closed at RM0.29 as at 5:00 P.M., representing a market capitalisation of RM57.2 million.This press release should be read in conjunction with the full text of the announcement released by MClean Technologies on 27 August 2024 in relation to its interim financial statements for the quarter and six months ended 30 June 2024 which is available on the Bursa website.ABOUT MCLEAN TECHNOLOGIES BERHADMClean Technologies Berhad, is a leading provider of surface treatment, precision cleaning, and packaging services. The Company serves a diverse range of industries, including Hard Disk Drive, Consumer Electronics, and Oil & Gas. With operations in Malaysia, Singapore, and Thailand, MClean is committed to delivering high-quality and reliable services to its clients. For more information, visit http://www.mclean.com.sg/.For more information, please contact:Jazzmin WanTel: +60 17-289 4110Email: j.wan@swanconsultancy.bizStephanie ChowTel: +60 18-314 3933Email: s.chow@swanconsultancy.biz Copyright 2024 ACN Newswire via SeaPRwire.com.
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Black Spade Acquisition II Co 宣布为1.5 亿美元首次公开募股定价 ACN Newswire

Black Spade Acquisition II Co 宣布为1.5 亿美元首次公开募股定价

香港, 2024年8月28日 - (亚太商讯 via SeaPRwire.com) — 由黑桃资本有限公司(「黑桃资本」)之附属公司发起的特殊目的收购公司(「SPAC」)Black Spade Acquisition II Co(「本公司」),今天宣布其首次公开发行的15,000,000 单位价格为每单位10.00 美元。这些单位预计将于 2024 年 8 月 28 日在纳斯达克股票市场有限责任公司(「纳斯达克」)上市交易,股票代号为「BSIIU」。每个单位由一股A 类普通股和三分之一的可赎回认股权证组成。受限于若干调整,每一完整认股权证均可以每股11.50 美元的行使价格购买一股A 类普通股。单位分拆后不会发行零碎认股权证,只有完整认股权证方可进行交易。当构成这些单位的证券开始单独交易时,A类普通股和认股权证预计将在纳斯达克上市,股票代号分别为「BSII」和「BSIIW」。根据惯例交易条件,此次发行预计将于 2024 年 8 月 29 日完成。本公司的管理团队由执行主席兼联席行政总裁谭志伟先生、联席行政总裁兼首席财务官吴绳祖先生以及联席行政总裁兼首席营运官Richard Taylor先生带领。彼等各曾担任Black Spade Acquisition Co(「 BSAQ」) 的执行董事或顾问。BSAQ亦是一家由黑桃资本之附属公司发起的特殊目的收购公司。该公司于2021年8月完成了1.69 亿美元的首次公开发行。于2023年8月,BSAQ与越南领先汽车制造商VinFast完成了价值230亿美元的企业合并。VinFast是第一家透过企业合并方式在美国上市的越南企业。Clear Street 和 Cohen & Company Capital Markets (J.V.B. Financial Group, LLC的分部)担任该交易的联合账簿管理人。 Latham & Watkins LLP 担任本公司的法律顾问。 Loeb & Loeb LLP 担任承销商的法律顾问。此次公开发行仅透过招股章程方式进行。招股章程副本可向 Clear Street(收件人:Syndicate Department, 150 Greenwich Street, 45th Floor, New York, NY 10007,或透过电子邮件 ecm@clearstreet.io) 或从 SEC 网站 www.sec.gov 取得。与证券相关的登记声明已向美国证券交易委员会(「SEC」)提交,并于 2024 年 8 月 23日生效。本新闻稿不构成出售要约或购买要约邀请。如根据任何州份或司法管辖区的证券法,在注册或取得资格之前此类要约、邀请或出售属于非法行为,也不得在该州或司法管辖区出售这些证券(左起)联席行政总裁兼首席财务官吴绳祖先生、执行主席兼联席行政总裁谭志伟先生、联席行政总裁兼首席营运官Richard Taylor先生– 完 –关于 Black Spade Acquisition II CoBlack Spade Acquisition II Co 是其创办人黑桃资本及其管理团队成立的第二个SPAC,旨在与一项或多项业务或资产进行合并、股份交换、资产收购、股份购买、重组或类似业务合并。虽然本公司可能会与任何业务或行业的目标进行收购或业务合并,但它相信娱乐、生活时尚和科技行业,特别是那些主要受惠于人工智能(「AI」)的行业,提供了充足的业务合并机会。Forward-Looking StatementsThis press release contains statements that constitute "forward-looking statements," including with respect to the proposed initial public offering, the anticipated use of the net proceeds, and the search for an initial business combination. No assurance can be given that the offering discussed above will be completed on the terms described, or at all, or that the net proceeds of the offering will be used as indicated.Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company's registration statement and preliminary prospectus for the Company's initial public offering filed with the SEC. Copies of these documents are available on the SEC's website, www.sec.gov. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.投资者关系查询:IR@blackspadeacquisitionii.com传媒垂询:纵横财经公关顾问有限公司 李惠儿电话:+852 2864 4834电邮:vicky.lee@sprg.com.hk杨丽明电话:+852 2864 4833电邮:lilia.yang@sprg.com.hk网址:www.sprg.com.hk Copyright 2024 亚太商讯 via SeaPRwire.com.
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Everbright Grand China Announces 2024 Interim Results

HONG KONG, Aug 27, 2024 - (ACN Newswire via SeaPRwire.com) - Everbright Grand China Assets Limited ("Everbright Grand China" or the "Group"; HKEX stock code: 03699.HK), a subsidiary of China Everbright Group, principally engaged in the businesses of property leasing, property management and the sales of properties held for sale, announced its interim results for the six months ended 30 June 2024 ("Reporting Period").During the Reporting Period, the Group's revenue amounted to approximately RMB23.9 million, representing an increase of approximately RMB1.8 million as compared to the same period of last year (2023: RMB22.1 million). The increase in revenue was mainly attributable to the increase in revenue from management services. Profit attributable to equity shareholders of the Company amounted to approximately RMB11.4 million (2023: RMB13.3 million), representing a decrease of approximately RMB1.9 million as compared to the same period of last year, which was attributable to the decrease in valuation gains on investment properties. Basic earnings per share was approximately RMB0.03 (2023: RMB0.03). Considering that the current operating environment remains relatively challenging, the Board declared an interim dividend of RMB0.78 cents (equivalent to HK$0.85 cents) (2023: RMB1.06 cents (equivalent to HK$1.16 cents)) per ordinary share for the six months ended 30 June 2024 as a token of appreciation to shareholders for their continuous support. In the second half of the year, the Company will decide on dividend distribution taking into account factors such as business development needs, financial performance and capital position, as well as performance growth, in order to bring the best return to the Company's shareholders and investors.In 2024, following two consecutive years of slowdown, the global economy is in the process of returning to a "normal" state, although growth remains relatively subdued with weakening momentum. Challenges such as interest rate hikes in Europe and the United States, decreasing inflation, and geopolitical risks have added uncertainties to the outlook for recovery. Despite this, the Chinese economy began the year positively in the first half of 2024. While growth momentum has softened, economic operations have remained relatively stable, showing signs of gradual improvement. The Group primarily manages commercial properties and has been attentively monitoring market developments and actively deploying strategies to carefully assess market conditions, adjust rental rates reasonably and seize opportunities to develop new tenants.Property LeasingThe continued recovery in consumer spending is set to become the core driver of economic growth in China in 2024, boosting demand for leasing in the commercial property sector. During the Reporting Period, rental income amounted to approximately RMB16.3 million (2023: RMB16.2 million), representing an increase of approximately RMB0.1 million as compared to the same period of last year. During the period, the average occupancy rate of the properties was approximately 77% (2023: 73%).Property Management ServiceFollowing unprecedented economic challenges, the development strategy of property management enterprises has undergone a significant transformation. Their strategic direction has become more prudent, shifting away from blind pursuit of scale expansion. The Group emphasizes the refinement and enhancement of service quality while adopting a "stabilize before expand" approach, aiming to maintain stable cash flow and business growth. During the Reporting Period, revenue from property management services amounted to approximately RMB7.6 million (2023: RMB5.9 million), representing an increase of approximately RMB1.7 million as compared to the same period of last year, which was mainly attributable to the increase in revenue from value-added management services.Investment PropertiesAs at 30 June 2024, the fair value of investment properties amounted to RMB962.3 million (31 December 2023: RMB959.5 million). The valuation gain on investment properties for the six months ended 30 June 2024 amounted to RMB1.0 million (2023: RMB5.4 million), representing a decrease of approximately RMB4.4 million as compared to the same period of last year.As at 30 June 2024, the Group held cash and bank balances of approximately RMB223.3 million (31 December 2023: RMB222.2 million). The Group's gearing ratio (measured as the Group's total liabilities divided by total assets) was 18.1% (31 December 2023: 18.6%) with a solid liquidity position.In the first half of 2024, the Group's tenant and leasing contracts and occupancy rates continued to remain stable. Meanwhile, the Group maintained a healthy financial position with zero debt and strong cash flow during the period under review. In light of the promising domestic and international environment, the Group will continue to focus on property investment in the future, and prudently identify suitable new investment projects with potential for long-term returns.ProspectsAs innovation in the digital economy continues to progress, China is actively driving its digital transformation. Property management companies are undergoing hardware upgrades and software enhancements to leverage intelligent technologies for operations simulation, optimized staffing, and the proactive advancement of industrial transformation. These enterprises have successfully implemented digital operations across various scenarios. With the ongoing evolution of technologies like artificial intelligence, it is anticipated that property management companies will soon experience the practical application of these advanced technologies, potentially elevating their service quality and management capabilities to new levels.Looking forward, the Group intends to uphold a prudent business strategy, emphasizing quality and steady progress. In additon, it will actively align with national policies, carry out effective initiatives to maintain market value, prioritize risk management and internal controls, and strive to generate long-term and sustainable value for shareholders. By actively adapting to national policies and industry shifts, the Group aims to expand its brand influence within the property management sector, ultimately creating greater societal value.- End - Copyright 2024 ACN Newswire via SeaPRwire.com.
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AAC Technologies’s CFO Guo Dan: Expects 15% Growth in Revenue of Main Business ACN Newswire

AAC Technologies’s CFO Guo Dan: Expects 15% Growth in Revenue of Main Business

HONG KONG, Aug 27, 2024 - (ACN Newswire via SeaPRwire.com) - On August 22, AAC Technologies (02018.HK) held its 2024 interim results presentation in Hong Kong, delivering remarkably impressive performance.According to the Interim Report, in the first half of 2024, AAC Technologies achieved a revenue of RMB 11.25 billion, hitting a new high since its listing, with a year-on-year revenue growth of 22.0% and a gross profit margin of 21.5%, up by 7.4 percentage points year-on-year. The net profit amounted to RMB 537 million, representing a significant increase of 257.3% year-on-year. Notably, PSS, which was announced to acquire last year, contributed a consolidated revenue of approximately RMB 1.5 billion in the first half of the year, with a gross profit margin of approximately 25.0%.During the interview, Ms. Guo Dan, the CFO of AAC Technologies stated that in the first half of 2024, all business segments of AAC Technologies made positive progress, significantly enhancing profitability and maintaining a continuous growth in gross profit margin. More importantly, the performance of the interim results indicated the potential growth value brought by the Company’s strategic transformation. It is expected that the operating revenue of the Group (excluding PSS) for the year will increase by 15% compared to last year. Additionally, the consolidation of PSS is expected to contribute approximately RMB 3 billion. Overall, the total revenue of the Group for 2024 is projected to grow by over 30% year-on-year, with a gross profit margin in the range of 22% to 25%.Benefitting from the surge in AI smartphone upgrades in the next 1-2 yearsAt the interim results presentation, AI smartphones took center stage as a key topic. Guo Dan believes that AI smartphones are still in the early stages, with software-driven enhancements propelling hardware upgrades. There has already been a trend of increased shipments and overall improvement in ASP for product categories such as acoustics, mechanics and microphones. Looking ahead, with the further development of AI smartphones and functionalities, hardware component is expected to continue to advance in the coming years.“AI smartphones have great potential for innovation. In the next 1-2 years, we will see some changes, with an acceleration of changes in the 3-5 year period, bringing us many opportunities and driving multiple product lines,” Guo Dan stated. She cited examples such as new trends in hardware like foldable and ultra-thin form factors, and the Company's unique innovative speakers, and Combo (two-in-one product, which integrates a speaker and an actuator) can better meet market demands.Moreover, AI smartphones have higher power consumption and require better heat dissipation solutions. AAC Technologies has industry-leading advantages from material sourcing to lean manufacturing processes and simulation design. Additionally, as the demand for human-machine interaction in AI smartphones increases, requiring more precise voice commands and functionalities, this will further drive the Company’s MEMS microphone upgrades, boosting prices and profit margins.The Group’s overall gross profit margin is expected to increase to 22%-25% for FY2024Guo Dan revealed that with the seasonal impact of more new product releases in the second half of the year, performance is expected to be stronger than the first half. It is anticipated that the full-year business performance (excluding PSS) will achieve a growth of over 15% compared to last year. With PSS contributing approximately RMB 3 billion, the Group’s revenue in 2024 is projected to grow by over 30% year-on-year, with the comprehensive gross profit margin increasing from 21.5% in the first half of the year to a range of 22%-25%.“Since the second half of last year, the entire industry has entered a healthy trend of increasing specifications and configurations. The Company has seen improvements in ASP and overall profit margins in areas such as acoustics, optics, and mechanics,” Guo Dan stated. Particularly in the automotive sector, there will be a steady growth trend in the medium to long term. "It can be said that AAC is now a company with multiple growth drivers and solutions across various platforms. As we forecast the overall growth for the next few years, we maintain a positive outlook.”The acoustics business is expected to exceed a scale of RMB 10 billion and build a comprehensive user experience across all scenariosGuo Dan mentioned that the gross profit margin of AAC Technologies’ acoustics business has resumed to a healthy growth trajectory. The gross profit margin in the first half of the year was 29.9%, and it is expected to rise to over 30% for the full year.“At the interim results presentation, the Company’s management also discussed how AAC Technologies, originally a micro-acoustic supplier for consumer electronics, has further established industry standards for a comprehensive user experience across all scenarios through the acquisition of PSS. Acoustic solutions will be a key driver for the next phase of growth in the acoustics business. In terms of scale, the acoustics business is the Company’s first to exceed a revenue scale of over RMB 10 billion, and in the next five years, we can expect this important business line with a revenue scale of RMB 20 billion and a sustainable gross profit margin of over 30%.”Definite progress in the WLG projects of multiple key customersIn terms of the optics business, Guo Dan believes that the optics market has transitioned from a relatively competitive state a few years ago to a period of healthy development.The gross profit margin for optics in the first half of the year was approximately 5%, with plastic lens gross profit margin at 16-17%. Shipments of 6P and higher specification lenses accounted for 15%-16% of total shipments, with expectations of reaching 15-20% in the second half of the year. “In terms of value, it has already surpassed 30% or even 35%, which reflects our technical capabilities, customer coverage, and recognition.”Guo Dan disclosed that AAC Technologies’ gross profit for optics will further improve in the second half of the year. “It is foreseeable that the profit for a single quarter will turn positive, with a high probability of occurring in the fourth quarter. Overall profitability will see significant improvement compared to last year, with continued steady growth in the future.”“Especially with G+P glass-plastic hybrid lenses and WLG lens products, there have been definite advancements in major projects with several key customers,” Guo Dan stated. The industry now widely acknowledges that G+P glass-plastic hybrid lenses are indeed a superior solution. The Company’s unique WLG technology finds applications in areas such as smartphones and automotive, creating value across multiple domains. “Next year, G+P glass-plastic lenses and WLG single lenses will gradually become one of the most crucial technologies and value supports in the entire optics business, with many deliveries to customers aligning with our expectations for WLG technology investments.”The interim results performance reflects the Company’s long-term growth value“Looking at the first half of this year, the electromagnetic actuators and haptic business have already reached a gross profit margin of approximately 30% with the optimization and upgrade of product portfolios on the Android side, and this healthy level is expected to be sustained in the future,” Guo Dan stated. With the boost from the development of new products like actuators and drives, this sector is poised to return to a high-growth trajectory.“At the interim results presentation, the Company's management also mentioned that in the heat dissipation segment, AAC Technologies achieved a business scale of RMB 150 million in the first half of the year, with a gross profit margin of over 30%. With the development of AI-enabled applications, the scale is expected to exceed RMB 1 billion in the future. When combined with precision mechanics, the overall scale could reach RMB 5 billion and potentially even surpass RMB 10 billion in the long term.”“Additionally, the overall gross profit for the sensor and semiconductor business will continue to increase in the second half of the year,” Guo Dan mentioned. Over the next two to three years, driven by factors such as the value enhancement brought by AI smartphones, the advantages brought by the Company’s resource platform, and the increase in self-developed product penetration rates, the sensor and semiconductor business is expected to experience rapid development.Guo Dan concluded, “At the interim results presentation, the management also pointed out that this performance has shown investors that AAC has achieved revenue growth, as well as gross and net profit improvements through strategic transformation at the current stage. However, more importantly, the interim results implied the long-term growth value of each major business line, and we encourage everyone to focus on the certainty of sustained long-term growth.” Copyright 2024 ACN Newswire via SeaPRwire.com.
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VCREDIT 2024 Interim Results ACN Newswire

VCREDIT 2024 Interim Results

HONG KONG, Aug 27, 2024 - (ACN Newswire via SeaPRwire.com) - VCREDIT Holdings Limited ("VCREDIT" or the "Group"; stock code: 2003.HK), a leading independent online consumer finance provider in China, announced its unaudited interim results for the 6 months ended 30 June 2024 (the "Period").In the first half of 2024, faced with a continuously sluggish macroeconomic condition and weakened consumption and credit demand, the Group promptly adjusted its operating strategies by tightening risk control to mitigate borrower credit risk and asset quality depreciation, while also implemented cost control measures to improve operational efficiency. Loan origination volume in the Period recorded RMB 27.02 billion.During the Period, to enhance risk control, the Group utilised new data sources to upgrade through iterations its risk model, and also adjusted its credit line policies to lower the average risk exposure at the customer level. By applying a more comprehensive dimensions for assessing borrower characteristics, the Group improved the quality of its approval process. These updates have enabled the Group’s ongoing targeting of higher-quality borrowers in terms of assets, achieving a balance between short-term risk and long-term returns.Launching the ‘Sunbird AI Hub’ AI large model, investing in technology to enhance operational efficiencyArtificial intelligence (AI) technology is developing rapidly, and the Group is actively investing in research and development in this area, and thus applied AI in its business technology to improve operational efficiency. In the first half of 2024, the Group officially has launched the its AI large model ‘Sunbird AI Hub’, and deployed it across several aspects of business. ‘Sunbird AI Hub’ can summarise large amounts of dialogue texts, and significantly improve the quality of customer service statistics and quality control through its application to intelligent credit. It is also aiding in code generation by helping R&D staff to focus on the design and improvement of data structure and system architecture.In the office setting, AI is being utilized with VQuickMind 2.0 which was put into service during the Period. VQuickMind 2.0 enables employees to create content in addition to the original question-and-answer interaction function, thus improving office efficiency. Other AI initiatives during the Period include an iterative upgrade of our core risk control system Hummingbird with the help of AI technology in the field of specialised modeling, thereby improving the operational efficiency of our risk control and reducing operational risks by revamping the rules engine.Diversify customer acquisition channels to acquire high-quality new customers, optimise user experience to maintain customer loyaltyThe Group actively expanded the network of high-quality customer acquisition channels and enhanced customer acquisition efficiency. During the Period, the Group reached cooperation agreements with leading food delivery platforms and other high-quality channels which better enable us to enhance customer interaction and to acquire new high-quality customers. As of June 2024, our cumulative number of registered users reached 149.1 million, an increase of 9.8% over the first half of 2023.Apart from acquiring new high-quality customers, the Group continued to optimise its existing user operation strategy. The Group has upgraded services at various points in the business process to shorten the time taken to issue and disburse loans and reduce the operation path for users, to provide users with a safer and more convenient and caring user experience. In the first half of 2024, repeat customers accounted for 89.5% of total loan volume.Continuously strengthen cooperation with external funding sources, implement multiple measures to reduce financing costsAs of June 2024, the Group have established long-term relationships with 109 external funding partners, including national joint-stock commercial banks, consumer finance companies and trust funds, etc., thus growing a rich and diversified funding pool. In addition, the Group also improved capital management with the construction of the VCREDIT fund management platform system, which continuously improves the efficiency of its funding operation, and steadily reduces the cost of funds.Develop new business beyond mainland China, CreFIT partners with China Mobile Hong KongApart from developing the existing consumer finance business, the Group also consolidated new business initiatives outside of Mainland China. In May 2024, its Hong Kong-based online consumer finance brand ‘CreFIT’ became the first money lender in Hong Kong to cooperate with China Mobile Hong Kong to provide consumer finance products to their customers. CreFIT will look for opportunities to align with additional quality customer acquisition channels and develop mutually beneficial cooperation across cross-industry online platforms and widen access to users with a tailored instalment experience that can truly match real consumer finance scenarios.OutlookIn order to contribute to further growth in consumer finance business and fulfil the financial needs of high-quality customers, the Group will continue to hone business strategies and upscale technology. In addition to growing the existing consumer finance business in China, the Group will also look to expand and diversify its business strategies by investing or collaborating in or acquiring similar, related, or complementary businesses and industries in other jurisdictions including Hong Kong, South-East Asia and Europe. The Group will continue to review potential investment opportunities and business prospects on a constant basis and make suitable investments and acquisitions as opportunities occur.In addition, the Group intends to continue to execute these strategies to maintain its growth in the industry, including streamline and extend its credit solutions to better serve its customers to improve brand recognition and loyalty and creditworthiness of its customer base; enhance risk management capability through deployment of evolving technology and artificial intelligence; strengthen long-term collaborations with licensed financial institutional partners and other business partners; ensure its business is conducted within applicable regulatory parameters to achieve regulation-centric sustainability; review and assess potential business prospects and invest or collaborate in or acquire similar, related or complementary businesses and industries in China and other jurisdictions; cultivate a dynamic enterprise value and culture and grow its in-house talents.About VCREDIT Holdings LimitedVCREDIT Holdings Limited (VCREDIT) is a leading independent online consumer finance service provider in China. With 18 years of experience in consumer finance innovation, the Group has established a cutting-edge position in credit risk quantification and intelligent risk management, which are core to financial services. VCREDIT's proprietary "Hummingbird" risk management system and smart lending robot provide state-of-the-art integrated solutions to licensed financial institutions, allowing them to offer customized, accessible financial services to underserved borrowers across China. VCREDIT made its debut on the main board of the Hong Kong Stock Exchange on June 21, 2018, with the ticker symbol 2003.HK. Website: https://en.vcredit.com/en-us Copyright 2024 ACN Newswire via SeaPRwire.com.
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光大永年公布2024年中期业绩

香港, 2024年8月27日 - (亚太商讯 via SeaPRwire.com) — 光大永年有限公司,为中国光大集团旗下物业租赁、及物业管理及销售持作出售物业公司(「光大永年」或「集团」,香港联交所股份代号:03699.HK)今天公布截至2024年6月30日止(「报告期内」)之中期业绩。报告期内,集团的收益约为人民币23.9百万元,较去年同期增加约人民币1.8百万元(2023年:人民币22.1百万元)。收益增加主要由于管理服务收入增加所致。公司权益股东应占溢利约为人民币11.4百万元(2023年:人民币13.3百万元),较去年同期减少约人民币1.9百万元,乃因投资物业的估值收益下跌所致。每股基本盈利约为人民币0.03元(2023年:人民币0.03元)。考虑到目前经营环境仍是面对比较大挑战的情况下,董事会宣布派发截至2024年6月30日止六个月之本公司中期股息每股普通股人民币0.78分(相当于0.85港仙)(2023年:人民币1.06分(相当于1.16港仙)),以答谢股东一直以来的支持。下半年,公司会因应业务发展需要、财务表现及资金情况,及业绩增长等因素作出派息决定,为公司股东及投资者带来最好的回报。2024年,全球经济在经历连续两年放缓之后,正在回归「正常」状态,但增速仍然较为疲软,增长动能减弱。面对欧美加息、通胀回落、地缘政治风险等众多挑战,令复苏前景不确定因素增加。然而,在2024年上半年,中国经济开局良好,尽管成长动力减弱,但经济运行仍然相对平稳,经济状况持续回暖向好。集团旗下管理的物业主要为商用物业,集团一直密切关注市场发展动态并积极部署,审慎评估市场行情,合理调整租金水准,并抓住发展新租户的机遇。物业租赁居民消费的持续复苏将成为2024年中国经济增长的核心驱动力,并提振商业地产领域的租赁需求。报告期内,租金收入约为人民币16.3百万元(2023年:人民币16.2百万元),较去年同期增加约人民币0.1百万元。于本期间,物业的平均租用率约为77%(2023年:73%)。物业管理服务在经历了前所未有的经济挑战后,物业管理企业的发展战略发生了重大的转变,其策略方针变得更为审慎,不再盲目追求规模扩张。本集团专注于细化和完善服务品质的同时,在维持稳定现金流和业务成长的基础上,采取「先立后破」的原则。报告期内,物业管理服务的收益约为人民币7.6百万元(2023年:人民币5.9百万元),较去年同期上升约人民币1.7百万元,主要由于增值管理服务的收入上升所致。投资物业于2024年6月30日,投资物业公允价值为人民币962.3百万元(2023年12月31日:人民币959.5百万元)。截至2024年6月30日止六个月投资物业的估值收益为人民币1.0百万元(2023年:人民币5.4百万元),较去年同期减少约人民币4.4百万元。于2024年6月30日,本集团持有现金及银行结余约为人民币223.3百万元(2023年12月31日:人民币222.2百万元)。集团的资本负债比率(按本集团总负债除以总资产计量)为18.1%(2023年12月31日:18.6%),流动资金状况良好。2024年上半年,本集团的租户及租务合同、出租率持续保持稳定。同时,在回顾期内保持零负债及现金流充裕的状态,财务状况健康稳健。在面对国内外环境明朗的因素下,集团在未来仍会继续专注于物业投资,审慎地寻找合适且具长线回报潜力的新投资专案。展望随着深入推进数字经济的创新发展,中国积极推动数位化转型,物业管理企业正在通过硬体改造和软体升级,利用智慧化手段来模拟运营,优化人员配置,积极推动产业转型。物业企业在多个场景中实现了数位化运营。随着人工智慧等技术的不断发展,相信未来物业管理企业很快就会体验到这些新的尖端技术的应用,服务和管理能力有望迈入新的台阶。展望未来,集团将继续坚持稳健的经营策略,坚守品质,稳扎稳打。同时也会积极回应国家政策,做好市值管理相关工作,注重风险管理和内部控制,致力于为股东创造长期可持续的价值。相信通过积极应对国家政策和行业变化,集团将不断扩大在物业管理行业的品牌影响力,为社会创造更多价值。- 完 - Copyright 2024 亚太商讯 via SeaPRwire.com.
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瑞声科技CFO郭丹:预计2024年主营业务收入增长15%,PSS并表后全集团增长超30% ACN Newswire

瑞声科技CFO郭丹:预计2024年主营业务收入增长15%,PSS并表后全集团增长超30%

香港, 2024年8月27日 - (亚太商讯 via SeaPRwire.com) — 8月22日,瑞声科技(02018)在香港举行2024中期业绩发布会,交出了一张十分亮眼的成绩单。财报显示,2024年上半年,瑞声科技营收为人民币112.5亿元,创上市以来新高,收入同比增长22.0%,毛利率为21.5%,同比提升7.4个百分点。净利润为人民币5.37亿元,同比大幅增长257.3%。其中,去年宣布收购的PSS公司,上半年并表收入为人民币15亿元左右,毛利率为25.0%左右。瑞声科技CFO郭丹在访谈时表示,2024年上半年瑞声科技各业务线都取得了积极进展,盈利能力显着提升,毛利率持续增长。更重要的是,中期业绩的表现,蕴含着公司通过战略转型所带来的未来增长价值,预计今年集团(不含PSS)业务收入较去年提升15%。此外,PSS公司并表会带来30亿左右贡献。综合来看,2024年全集团营收预计同比增长超30%,毛利率在22%-25%区间。未来1-2年将受益AI手机升级放量中期业绩发布会上,AI手机是重点话题之一。对此,郭丹认为,AI手机目前还处于起步阶段,功能从软件端提升推动硬件的升级,已经看到声学、结构件、麦克风等产品品类在出货量、ASP整体提升的态势,未来随着AI手机的发展和功能的进一步体现,预计硬件会在未来几年持续提升。“AI手机有很大的想象空间,未来1-2年会看到一些变化,3-5年变化加速,这给我们带来了很多机会,对多产品线有驱动作用。”郭丹举例称,硬件端比如折叠机、超薄机型形态带来了新的趋势,公司独有的创新扬声器,及扬声器和马达二合一产品,可以更好的满足市场需求。另外,AI手机的功耗较高,需要更好的散热方案,而瑞声科技从材料端,到精益的制程工艺、仿真设计方面都具有行业领先优势。此外,AI手机人机交互需求提升,需要更精确的语音指令等功能,会进一步推动公司MEMS麦克风升规升配,驱动价格、利润率的提升。今年全集团综合毛利率预计提升至22%-25%郭丹透露,随着下半年更多新机发布的季节性影响,业绩表现会比上半年更强劲,预计全年(不包含PSS)业务较去年将实现15%以上的提升,其中PSS并表将带来30亿左右贡献。2024年全集团营收预计同比增长超30%,综合毛利率也将从上半年的21.5%,进一步提升到22%-25%区间。“整个行业从去年下半年开始,进入了升规、升配的健康态势,公司无论在声学、光学、结构件等各方面,ASP跟整体利润率都有提升。”郭丹表示,尤其车载方面,未来中长期将呈现稳健的增长态势。“可以说AAC现在是有多个增长引擎、多个平台的解决方案的公司,对未来几年的整体增长预估,我们保持积极的心态。”声学业务未来将超100亿规模,构建全场景用户体验郭丹表示,瑞声科技声学业务的毛利率,已经回到了健康的增长轨道。上半年毛利率是29.9%,全年会回升到30%以上。“公司管理层在中期业绩发布会上也提到,瑞声科技原来只是电子消费类的微型声学供应商,通过PSS的购并,进一步构建了全用户全场景体验的行业标准,声学的解决方案会成为下一步声学业务的重要增长动力。这个从规模来看,声学业务类别是公司第一个超过百亿规模,而且未来的5年能够看到200亿规模的一个重要的业务产品线,在30%以上的毛利率是可以持续的。”多个重要客户WLG项目获确定性进展在光学业务方面,郭丹认为,光学市场从几年前相对竞争的态势,进入到了良性的发展期间。公司上半年光学毛利率约5%,其中塑胶镜头毛利率16-17%。6P及以上中高规格镜头出货量占比15%-16%,下半年预计在15-20%之间。“按照价值量来讲,已经在30%甚至35%以上,这体现了我们的技术能力、客户的覆盖率及认可度。”郭丹透露,瑞声科技下半年光学毛利水平将进一步修复。“单季度利润变成正向利润水平是可以预见的,大概率会在四季度出现,整体盈利水平比去年有一个非常大的利润修复,未来还会持续稳健增长。”“尤其是G+P玻塑混合镜头和WLG镜片产品,在多个重要客户的重要项目,也已经获得确定性进展。”郭丹表示,现在行业普遍认为G+P玻塑混合镜头确实是一个更好的解决方案。公司独有的WLG技术在手机、车载等领域都有应用,是一个多领域价值创造的技术。“明年G+P玻塑镜头和WLG单镜片,在很多客户的交货,会逐步像我们对WLG技术投资的预期一样,成为整个光学业务中最重要的技术和价值支撑之一。”中期业绩表现蕴含公司未来长期增长价值“从今年上半年来看,传动和触觉业务随着安卓端的产品组合优化升级,目前毛利率已经在30%左右,未来将继续维持健康水平。”郭丹表示,该板块未来在马达和传动等新产品发展的助推下,有望回到高增长的态势。“公司管理层在中期业绩发布会上也提到, 在散热产品方面,瑞声科技今年上半年达到了1.5亿元的规模,毛利率也在30%以上。随着AI带来的发展应用,未来规模有望超过10亿元。而跟精密结构件组合起来,则整体规模可达50亿元,长远来看甚至100亿元以上。”“另外,传感器和半导体业务下半年的毛利会继续整体提升。”郭丹表示,未来两到三年内,随着AI手机带来的价值提升,以及公司资源平台带来的优势,自研产品渗透率的提升等因素的推动,传感器和半导体业务线有望得到快速发展。郭丹强调,“中期业绩发布会上管理层也提到,这次的业绩让投资人看到AAC通过战略转型,阶段性的实现了收入的增长,以及毛利和纯利的提升,但更重要的是,中期业绩的表现蕴含着各大业务线未来的长期增长价值,更希望大家关注长期增长的确定性。” Copyright 2024 亚太商讯 via SeaPRwire.com.
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GTJAI Announced 2024 Interim Results ACN Newswire

GTJAI Announced 2024 Interim Results

HONG KONG, Aug 27, 2024 - (ACN Newswire via SeaPRwire.com) - GTJAI announced its interim results for the 6 months ended 30 June 2024. Although the global uncertainties continuously impacted the capital market in Hong Kong, the Group maintained stringent control over risks, vigorously enhanced its comprehensive financial service capabilities and product diversification driven by client demand, achieved an outstanding performance with revenue and profit achieved an overall increase, revenue increased significantly by 41% YOY to HK$2,171m, profit attributable to ordinary equity holders increased significantly by 63% YOY to HK$195m. To reward investors for their long-term recognition and support, the Company maintained a high payout ratio and declared an interim dividend of HK$0.012 per share, payout ratio reached 59%.Dr. YIM Fung, Chairman and Executive Director, stated, " Despite the presence of market uncertainties, the Group adhered to the development principles of “pursuing progress while ensuring stability, promoting stability through progress, advancing through pragmatic implementation”, vigorously enhanced comprehensive financial service capabilities and product diversification. The revenue (by income nature and by business segment) achieved an overall growth, demonstrating the success of diversified and integrated development. In the future, the Group will continuously develop wealth management and institutional business, adhere to the development direction based on customer demands, provide customers with more diverse products and services, build a leading comprehensive financial service platform, and achieve steady and sustainable growth."Keep up with market trends and client demand, and continuously strengthen wealth management service capabilities Facing the ever-changing market, the Group offers a variety of financial products and services to help clients preserve and generate their wealth. Through digital transformation, the Group continuously enhances the trading and wealth management experience, with the one-stop global investment application "Junhong Global" constantly updating new features, and introduced a new wealth management channel. In the first half of 2024, the Group pioneered the launch of virtual asset spot Exchange Traded Funds (ETFs)-linked structured notes in the Hong Kong market, adding new features to its diversified products and services. At the same time, the Group responded to Hong Kong's CIES program by providing solutions for investment immigration, with three of its public funds have been included in the eligible collective investment schemes of CIES and registered in Macao, expanding the customer base.Corporate finance business deploys in key industries, and debt underwriting business maintains its leading position in the industryIn the first half of 2024, the Group achieved significant growth in bond underwriting business, participating in 113 bond issuances, marking 82% YOY increase, with the total issuance size reaching HK$187.7b, 170% YOY increase, and ranked second among Chinese securities firms in terms of the underwriting scale of offshore bonds. In equity business, leveraging synergies with the parent company, the Group focused on key industries such as new energy, robotic, and intelligent driving, so as to optimize its business structure. During the period, the Group successfully assisted SenseTime Group in completing over HK$2b new Class B share placement, marking its first equity refinancing since its IPO.Accelerate the development of green finance service capabilities, actively promote green and low-carbon developmentThe Group has always adhered to the belief of “finance for the country, finance for the people, finance for the good”, by integrating and deepening the ESG concepts into daily business operations and management, and striving to build a responsible integrated financial service platform. In the first half of 2024, the Group achieved 438% YOY significant surge in the scale of ESG bond issuance business, reaching nearly HK$70b. Additionally, on the basis of the decline in total greenhouse gas emissions for four consecutive years, the Company has successfully offset the carbon emissions for the year 2023 by purchasing carbon credit assets of the verified carbon standard (VCS) forestry projects, achieving “carbon neutrality” at operational-level for the second consecutive year. Moreover, the Group has completed the Hong Kong and Mainland China’s first multi-currency sustainability-linked loan in the securities industry, and the first green deposit of the Group, actively promoting sustainable development for itself and the industry from multiple perspectives.OutlookIn the second half of the year, the Group will continue to maintain a stable and pragmatic development strategy, actively seize market opportunities, enhance its core business capabilities, optimize its revenue structure, and ensure high-quality and sustainable development of the Company. The Group will adhere to a client-demand-driven business development approach, and vigorously develop wealth management business. On one hand, it will accelerate the digital intelligent transformation, continuously optimize the functions of the investment application, “Junhong Global”, so as to create a convenient and efficient one-stop trading and wealth management platform for clients. On the other hand, it will actively enrich the variety of products to assist high-net-worth clients in transforming their high-end asset allocation. The corporate finance business will continuously deepen the synergistic effect with the parent company, deepen its advantages and professional capabilities in key industries, and serve the overseas financing needs of high-quality enterprises. Meanwhile, the Group will fully capitalize on regional synergies and provide institutions, corporations and individual clients with comprehensive and integrated financial services by giving play to the distinctive advantages of its subsidiaries in Singapore, Vietnam and Macao.- END – Copyright 2024 ACN Newswire via SeaPRwire.com.
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2024 Interim Report of Wuling Motors (0305.HK) ACN Newswire

2024 Interim Report of Wuling Motors (0305.HK)

HONG KONG, Aug 27, 2024 - (ACN Newswire via SeaPRwire.com) - On August 22, Wuling Motors (0305.HK) released its 2024 interim results. For the first half of the year, Wuling Motors reported total revenue of RMB 3.946 billion, with a gross profit margin of 10.8%, up about 270 basis points from 8.1% in the same period of 2023. The profit for the period was RMB 21.125 million, representing a 72.3% year-on-year increase.Despite intensified market competition and pressures from industry transformation, the automobile sector showed an overall upward trend in the first half of the year. From January to June, revenue in China's automotive industry reached RMB 4.767 trillion, reflecting a 5% year-on-year increase. The growth in vehicle production and sales also improved profitability for upstream industry chain companies. Wuling Motors' latest results are notably strong.Steady Profit Growth and Synergistic Development Across Three Major SectorsWuling Motors primarily offers commercial vehicles, automotive power systems, and automotive parts. Benefiting from the robust development of the global automotive industry chain, these three major sectors have advanced in tandem, driving revenue and profit growth for Wuling Motors.Breaking down the performance of each sector:1/ Automotive Power Systems: By focusing on upgrading traditional fuel vehicle engines and developing new energy power systems, Wuling Motors has maintained its established customer base while securing new orders for high-efficiency and cost-effective HEV hybrid assemblies. This approach combines traditional power technology upgrades with new energy power integration. In the first half of the year, revenue reached RMB 902 million, with casting product sales totaling 515,000 units, up 26.2% from the same period in 2023.2/ Automotive Parts: Wuling Motors has continued mass production of key NEV components such as electric drive axles, motors, and electronic controls, achieving breakthroughs in both products and customer acquisition. In the first half of the year, sales to new customers amounted to RMB 1.042 billion, accounting for 38.6% of the total revenue in this segment. The share of revenue from customers outside SGMW increased to 38.6%. Various new energy electric axles have been used in projects for Great Wall Motor, JAC, and BAIC Qingdao. The first commercialized electric drive coaxial axle for the Changan Kaicheng market has already entered mass production. Wuling Motors' parts products are gradually moving toward mid-to-high-end markets, capturing trends in high-end and intelligent products, and expanding its diverse customer base, supporting further performance growth.3/ Sales and Manufacturing of Commercial Vehicles: Following last year's restructuring and strategic adjustments, Wuling Motors' commercial vehicle business has expanded into international markets and promoted new products. Currently, NEVs such as logistics vehicles, sightseeing buses, and patrol vehicles have been exported to countries including Vietnam, Singapore, Thailand, the United States, and Australia. In 2024, the company's global expansion continued with its first export to Egypt, delivering 200 vehicles. As Wuling Motors accelerates the development of new energy and intelligent products, it creates new growth opportunities for commercial vehicle revenue, contributing to overall performance growth.Each sector shows varying degrees of success, and Wuling Motors' continued optimization of product structure, commitment to technological innovation, and cost control measures have established stable profitability.Notably, the synergy between the commercial vehicle, automotive power system, and automotive parts sectors has created significant benefits along the industry chain. With factories in Guangxi, Shandong, Chongqing, and Hubei, Wuling Motors now has an annual production capacity of over 2 million sets of automotive parts. The Jingmen Base, dedicated to supporting Great Wall Motor, generated RMB 333 million in revenue in the first half of the year, with promising future potential. The combination of industry chain and technological advantages enables Wuling Motors to maintain leadership in product quality, cost, and scale, providing strong brand competitiveness and resilience through industry cycles.Creating new high quality productive forces and accelerating overseas expansionNew energy, exports, and intelligence are emerging as key drivers of performance for China's automotive industry chain. Strengthening China's new energy vehicle industry chain is closely linked to enhancing productive forces with higher quality.In the context of balancing energy security and achieving "dual carbon" goals, coupled with policies promoting large-scale vehicle trade-ins to stimulate automotive consumption, the new energy vehicle market is showing steady growth and increasingly high-quality development.According to data from the China Association of Automobile Manufacturers (CAAM), from January to June 2024, production and sales of new energy vehicles reached 4.929 million and 4.944 million units, respectively, marking a year-on-year increase of 30.1% and 32%. Domestic sales totaled 4.339 million units, up 35.1% year-on-year; exports were 605,000 units, up 13.2%. The total sales of new energy vehicles in China for 2024 are expected to reach 11.5 million units, indicating strong growth momentum.Wuling Motors is continuously strengthening its layout in the new energy sector across its three main business segments. In the long term, this will provide sustained new growth driver for its performance. From the current customer group perspective, Wuling Motors has accumulated a sufficient number of new energy customers. In addition to major client SGMW, there are well-established new energy automotive companies or emerging companies such as Great Wall, Chery, Geely, Foton, and Hozon. Furthermore, Wuling Motors is actively implementing a diversified customer policy and achieving outstanding results. For example, in the first half of the year, its independently developed new energy parts products made significant breakthroughs in securing overseas clients, successfully completing the development and supply of rear drive axle assemblies and driving system assemblies for the first new energy passenger car exported to Vietnam. As automotive enterprises expand their production and sales targets in 2024 compared to last year, this will undoubtedly create growth opportunities and drive comprehensive business growth for Wuling Motors.Furthermore, the new energy vehicle industry will inevitably move towards high-quality development. Recently, the profit margins in the automotive industry have shown a downward trend. However, a positive change this year is that several automotive enterprises have exited the "price war" and are focusing more on the business quality. As the automotive industry enters a phase of healthy development, the whole industry chain is expected to move toward common prosperity, and Wuling Motors' profitability is likely to further improve.In addition, Wuling Motors is actively striving to expand internationally and seize overseas development opportunities. In March of this year, Wuling Motors established an innovation center in Hong Kong. It is understood that the vision of the Wuling Motors Innovation Center is to be based in Hong Kong, leverage resources from the mainland China, and serve a global market. Its business includes forward-looking R&D, parts development, automotive intelligence and digital services, international sales services, and industrial incubation.The establishment of this innovation center will effectively enhance Wuling Motors' technological strength and product competitiveness. As Hong Kong serves as an excellent window for the mainland China to expand its new energy business overseas, Wuling Motors will be able to more efficiently reap the benefits of global market development, drive the growth of related companies' overseas sales of new energy vehicles, and achieve rapid improvement in its own performance.Looking ahead to the prospects of the overseas market, recent research reports indicate that in the passenger car sector, the market share of self-owned brands is gradually increasing, and the product exports is changed to capacity exports, with a high sustainable growth of export. The internationalization of China's commercial vehicles is rapidly advancing. In 2023, the total export volume of China's commercial vehicles reached 770,000 units, tripling compared to 2017.China's automobile exports, particularly commercial vehicles, are experiencing rapid growth. Recent data suggests that by 2024, China's automobile exports could reach 6 million units, representing a 15%-20% increase. Commercial vehicle exports are expected to reach 850,000 units, with a 15% growth rate. This growth indicates a significant acceleration in the internationalization of China's automotive industry, providing Wuling Motors with more opportunities to secure vehicle and core component orders, thereby boosting its performance to a new level.Summary:In summary, Wuling Motors exhibited robust business performance in the first half of this year, and its strategic layout is steadily progressing, which will continue to yield operation outcome.This year marks a significant moment for the development of new energy vehicles in China. In July, the monthly retail sales penetration rate of domestic new energy passenger cars exceeded that of traditional fuel vehicles for the first time, indicating that new energy vehicles have truly become mainstream. Moreover, Wuling Motors has accumulated ample industry experience, a solid customer group, and technological strength. As a result, its new energy layout and future potential will gain market recognition. Transitioning from the era of fuel vehicles to that of new energy vehicles, Wuling Motors is experiencing a leap in its intrinsic value. Copyright 2024 ACN Newswire via SeaPRwire.com.
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大湾区共同家园青年公益基金 携手中华厨艺学院 首办《岭南文化之凤城点心培训计划》 ACN Newswire

大湾区共同家园青年公益基金 携手中华厨艺学院 首办《岭南文化之凤城点心培训计划》

香港, 2024年8月27日 - (亚太商讯 via SeaPRwire.com) — “食在广州,厨出凤城。”众所周知,烹饪粤菜的名家不少都来自顺德(别称凤城),它不仅是“中国厨师之乡”,还获得“世界美食之都”的美誉。为进一步弘扬岭南文化、传承凤城点心制作的手艺,大湾区共同家园青年公益基金携手中华厨艺学院,首次举办了“岭南文化之凤城点心培训计划”,吸引了众多学生踊跃参加。大湾区青年基金希望通过此计划为香港青年搭建平台,提升自身价值,积极面对挑战,同时弘扬岭南美食文化,促进粤港两地厨艺的交流。「岭南文化之凤城点心培训计划」由大湾区青年基金资助,于8月11到18日间,30多名中华厨艺学院的学生及导师前往顺德职业技术学院——烹饪学院(顺德厨师学院)接受培训。这次活动不仅是大湾区青年基金首次与中华厨艺学院合作,也是顺德职业技术学院烹饪学院首次培训来自香港的学生,主办和协办双方都非常重视这项活动,大湾区青年基金、中华厨艺学院的管理层和顺德厨师学院院长都亲临现场为学生鼓劲。培训课程为期八天 管理层亲自北上为学生鼓劲为期八天的培训课程由多位顺德名厨亲自指导,期间学生不仅学习技艺,还能品尝凤城美食。指导的名厨包括创新不忘本、将狮子“炸活”的“00后”年轻师傅陈小东;出身餐饮世家、人称“德叔”的著名点心师傅梁兆基,以及师从“南粤点心泰斗”何世晃,被称为金牌点心师的吴南驹等。亲自北上为学生鼓劲的大湾区青年基金副行政总裁龚明明女士表示,选择凤城点心作为培训课程,是因为顺德菜属于粤菜中的广府菜系,也是广府粤菜的重要发源地之一,其中极具技艺的精致点心值得传承。龚明明女士还亲自品尝了学生制作的一款融合岭南醒狮文化的创意中式点心——醒狮酥,并给予了高度评价。学生大开眼界 激发创意 回港后将学以致用推动粤菜率领师生前往顺德的中华厨艺学院院长叶汉鹏指出:“此次培训之旅着重技能实践,通过多位顺德点心名厨的悉心指导,让香港新一代青年厨师掌握凤城点心的精髓及其中的饮食文化内涵,期待他们将凤城点心技艺带回香港,为‘亚洲美酒佳肴之都’注入更多美食新元素。”他希望未来能与大湾区共同家园青年公益基金开展更多合作,促进中华美食文化的传承与推广。“顺德是世界美食之都,其中点心面点是一个重要的组成部分。”顺德职业技术学院烹饪学院院长冯才敏称赞学生学习认真、富有创意,认为通过这次合作可以推动传承顺德作为世界美食之都的地位,并将中华美食文化发扬光大。此次培训课程既有创新也有传统,烹调方法涵盖蒸、煮、焗、炸、炖、煎、炒,制作的点心包括驰名的醒狮酥、传统鸡球包、生滚鱼片粥、广东水饺皇、叉烧软饼、大良炸油煎、凤城双皮奶、南乳蛋散仔、怀旧甜薄撑、顺德鱼皮角、脆皮紫菜角、鱼茸萝卜糕、腐皮糯米包、乳香芋丝饼,以及家乡炒鱼松、家乡煎藕饼等。参与此次培训计划的中华厨艺学院厨艺高级文凭二年级学生黎宝桂分享道:“这次学习让我深刻了解了凤城点心的制作特色,非常讲究食材原材料的质量和鲜味,让我获益良多。”她还表示,回港后将学以致用,积极推动粤菜,并利用在顺德学习的起酥技巧,创造其他酥点。大湾区共同家园青年公益基金 携手中华厨艺学院 首办《岭南文化之凤城点心培训计划》为期八天的培训课程由多位顺德名厨亲自指导,期间学生不仅学习技艺,还能品尝凤城美食。30多名中华厨艺学院的学生及导师于8月前往顺德职业技术学院——烹饪学院(顺德厨师学院)接受培训。培训课程既有创新也有传统,烹调方法涵盖蒸、煮、焗、炸、炖、煎、炒,制作的点心包括驰名的醒狮酥。亲自北上为学生鼓劲的大湾区青年基金副行政总裁龚明明女士表示,选择凤城点心作为培训课程,是因为顺德菜属于粤菜中的广府菜系,也是广府粤菜的重要发源地之一,其中精致的点心值得传承。 Copyright 2024 亚太商讯 via SeaPRwire.com.
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国泰君安国际公布2024年中期业绩 ACN Newswire

国泰君安国际公布2024年中期业绩

香港, 2024年8月27日 - (亚太商讯 via SeaPRwire.com) — 国泰君安国际公布2024年中期业绩,尽管环球多重不确定性因素持续影响香港资本市场,集团严格把控风险,以客户需求为出发点大力提升综合性金融服务能力和产品多元化,实现了收入利润全面上升,收入同比大幅上升41%达21.71亿港元,普通股股东应占溢利同比大幅增长63%达1.95亿港元的佳绩。公司致力于以高派息比率回报投资者的长期支持和认可,董事会宣派中期股息每股0.012港元,中期派息比率达59%。国泰君安国际主席兼执行董事阎峰博士表示:「尽管市场存在较多不确定性因素,本集团秉承『稳中求进、以进促稳、务实推进』的发展基调,大力提升综合性金融服务和产品多元化,按收益性质及业务分部划分的各板块收益均实现全面增长,多元化综合性发展成果显著。未来,我们将继续大力发展财富管理业务和机构业务,坚持客需业务发展方向,为客户提供更加丰富的产品和服务,打造全面领先的综合金融服务平台,实现稳健、可持续的增长。」紧贴市场热点与客户需求,持续强化财富管理服务能力面对复杂多变的金融市场,集团通过多元化的产品和服务助力客户实现财富保值增值。数智化转型为客户带来持续升级的交易理财体验,一站式全球投资应用程序「君弘全球通」不断上线新功能,并推出全新理财频道。2024年上半年,集团在香港市场率先推出挂钩虚拟资产ETF的结构性票据,多元化产品服务又添崭新元素。同时,集团积极响应香港政府的新资本投资者入境计划(CIES),提供专业投资移民解决方案,旗下三只公募基金被列为CIES合资格集体投资计划,同时亦在澳门完成注册,进一步扩大了产品覆盖客群。企业融资业务布局重点行业,债券承销保持行业领先2024年上半年,集团债券发行承销业务实现显著增长,参与113笔债券发行,同比增长82%,发行总规模达1,877亿港元,增长170%,离岸债承销规模在中资券商中排名第二。股权业务方面,公司持续发挥与母公司协同效应,聚焦新能源、机器人、自动驾驶等重点行业,优化业务结构。期内,集团成功助力商汤集团完成超20亿港元新B类股份配售,实现该客户自港股IPO后首次股权类再融资。加快建设绿色金融服务能力,积极推动绿色低碳发展集团秉承"金融报国,金融为民,金融向善"的信念,深度融合ESG理念于日常运营,致力于构建负责任的综合金融服务平台。2024年上半年,集团ESG债券发行业务规模同比大幅跃升438%至近700亿港元。同时,在实现连续四年温室气体排放量下降的基础上,公司通过认购VCS林业项目碳汇资产,抵消2023年度碳排放,连续第二年实现营运层面"碳中和"。此外,集团落地香港地区及中国内地证券行业首笔多币种可持续发展贷款和公司首单绿色存款,从多个角度积极推动自身及行业的可持续发展。未来展望2024年下半年,国泰君安国际将继续保持稳健、务实的经营风格,积极把握市场机遇,提升核心业务能力,优化收入结构,确保公司高质量可持续发展。集团将坚持以满足客户需求为导向的业务发展方向,大力发展财富管理业务,一方面加速推进数智化转型,持续优化投资应用程序「君弘全球通」的功能,为客户打造方便快捷的一站式交易理财平台,另一方面积极丰富产品种类,协助高净值客户的高端资产配置转型;企业融资业务将继续深化与母公司的协同效应,深耕在重点行业的优势和专业能力,服务优质企业的海外融资需求;同时,集团将充分发挥区域联动作用,利用新加坡、越南和澳门附属公司的个性化优势,为机构、企业和个人客户提供全面的综合性金融服务。- 完 – Copyright 2024 亚太商讯 via SeaPRwire.com.
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CleverTap’s AI-based Recommendation Engine helps Eatigo achieve 100% growth in reservations ACN Newswire

CleverTap’s AI-based Recommendation Engine helps Eatigo achieve 100% growth in reservations

San Francisco, Calif, & Mumbai, India, Aug 27, 2024 - (ACN Newswire via SeaPRwire.com) - Award-winning online restaurant reservation platform Eatigo, collaborates with CleverTap - the all-in-one engagement platform, to enhance customer engagement and boost reservations. Through CleverTap’s AI-powered recommendations engine, Eatigo was able to offer its users relevant and timely recommendations with precision, ensuring higher conversions. The platform's orchestration and analytics capabilities enabled Eatigo to coordinate complex, multi-channel marketing campaigns at scale and track the performance of its campaigns. Set up in 2013 with a mission to “connect empty tables with empty stomachs”, Eatigo is a leading online reservation platform. The brand has expanded rapidly, seating over 6 million diners, and accumulated over 6000 restaurants across Hong Kong, Singapore, Thailand, Malaysia, and the Philippines.By harnessing CleverTap’s AI/ML-powered capability suite: Clever.AI, Eatigo was able to hyper-personalize its engagement through more than 10 automations and nearly 100 journeys. As a result, Eatigo’s users were 2X more likely to make reservations. Additionally, CleverTap's Liquid tag and journey features enable Eatigo to create omni-channel experiences capturing diner’s attention and driving reservations. Commenting on the collaboration, Surakan Kittiperakorn, Regional Marketing Lead, Eatigo said, “Collaborating with CleverTap has granted us access to their comprehensive and dynamic suite of capabilities, enabling us to achieve our goals and grow our business in the Southeast Asia region. Utilizing CleverTap for local campaigns has helped us craft personalized marketing campaigns and messaging that resonates deeply with our users. The precision and efficiency of their AI-powered recommendations have significantly boosted our engagement metrics, allowing us to connect diners with the perfect dining experiences. We are excited about the future and look forward to continuing to innovate and grow with the support of CleverTap's robust platform.”Sidharth Pisharoti, Chief Revenue Officer, CleverTap, said, “In today’s highly competitive restaurant industry, customer engagement and personalized experiences are crucial for success. At CleverTap, we understand the unique challenges faced by businesses in this sector and are committed to providing innovative solutions that drive growth and customer satisfaction. Our AI-powered platform enables companies like Eatigo to harness the power of data to create tailored marketing strategies that resonate with their audience. We are thrilled to support Eatigo in their mission to enhance the dining experience and are excited to see the impact our collaboration has had on their reservation rates." Eatigo leveraged CleverTap’s AI-based recommendation engine to tackle a few obstacles. When the customer cancels their reservation, the engine comes up with 5 other options to increase conversion rates. If another user scrolls through the options but doesn't make a reservation, the engine offers custom suggestions to convince them. Furthermore, CleverTap’s engine proactively reaches out to customers who made their last reservation a month ago, via a multi-channel approach to increase the chances of their return to the app. About Eatigo Eatigo, founded in 2013, is committed to connecting "empty tables with empty stomachs" by providing a rich selection of dining options through its online reservation platform. With a strong presence in Southeast Asia, Eatigo serves regions such as Hong Kong, Singapore, Thailand, Malaysia, and the Philippines.By offering time-based discounts of up to 50%, Eatigo enables diners to enjoy high-quality dining experiences at affordable prices. Its unique, time-slot-based yield management solution also helps restaurants increase revenue during off-peak hours. In 2023, Eatigo merged with FunNow, joining the FUNNOW Group and further solidifying its leadership in the lifestyle booking and digital services sector.About CleverTapCleverTap is the leading all-in-one customer engagement platform that helps brands unlock limitless customer lifetime value. CleverTap is trusted by over 2000 brands like Domino’s, Levis, Jio, Papa John’s, Zomato, Kotak Bank, Air Asia, Carousell, TD Bank, and Tesco to help build personalized experiences for all their customers. The platform is powered by TesseractDB™ – the world’s first purpose-built database for customer engagement, offering speed and cost efficiency at scale.Backed by top-tier investors such as Accel, Peak XV Partners, Tiger Global, CDPQ and 360 One, the company is headquartered in San Francisco, with presence across Seattle, London, São Paulo, Bogota, Mexico, Amsterdam, Sofia, Dubai, Mumbai, Bangalore, Singapore, Vietnam, and Jakarta.For more information, visit clevertap.com or follow us on:LinkedIn: https://www.linkedin.com/company/clevertap/ X: https://twitter.com/CleverTap Forward-Looking StatementsSome of the statements in this press release may represent CleverTap's belief in connection with future events and may be forward-looking statements, or statements of future expectations based on currently available information. CleverTap cautions that such statements are naturally subject to risks and uncertainties that could result in the actual outcome being absolutely different from the results anticipated by the statements mentioned in the press release.Factors such as the development of general economic conditions affecting our business, future market conditions, our ability to maintain cost advantages, uncertainty with respect to earnings, corporate actions, client concentration, reduced demand, liability or damages in our service contracts, unusual catastrophic loss events, war, political instability, changes in government policies or laws, legal restrictions impacting our business, impact of pandemic, epidemic, any natural calamity and other factors that are naturally beyond our control, changes in the capital markets and other circumstances may cause the actual events or results to be materially different, from those anticipated by such statements. CleverTap does not make any representation or warranty, express or implied, as to the accuracy, completeness, or updated or revised status of such statements. Therefore, in no case whatsoever will CleverTap and its affiliate companies be liable to anyone for any decision made or action taken in conjunction.For more information:SONY SHETTYDirector, Communications, CleverTap+91 9820900036sony@clevertap.com IPSHITA BALUConsultantArchetype+91 9590111798ipshita.balu@archetype.co Copyright 2024 ACN Newswire via SeaPRwire.com.
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