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.

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.

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.

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.

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.

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.

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.

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.

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.

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.