葉氏化工 (408.HK) 宣佈旗下塗料業務越南新廠房正式開業

EQS via SeaPRwire.com / 2026-04-23 / 18:48 UTC+8 【即時發佈】 2026年4月23日 葉氏化工宣佈旗下塗料業務越南新廠房正式開業 把握工業塗料強勁增長勢頭,打造高端塑膠塗料生產基地,深化東南亞供應鏈佈局 (2026年4月23日 – 香港) 葉氏化工集團有限公司 (港股代號: 00408) (「葉氏化工」或「公司」,連同其附屬公司統稱「集團」) 欣然宣佈,旗下塗料業務位於越南的「恒昌(越南)新材料有限公司」(CÔNG TY TNHH VẬT LIỆU CAO CẤP HANG CHEUNG (VIỆT NAM))(「恒昌越南」) 新廠房已於2026年4月22日正式開業。 此舉標誌著集團在拓展東南亞市場及完善全球供應鏈佈局上邁出關鍵一步,進一步鞏固集團出海的戰略部署,提升對東南亞及海外客戶的在地服務能力。 葉氏化工宣佈旗下塗料業務越南新廠房正式開業 立足海防核心樞紐 強化東南亞市場佈局 恒昌越南新廠房位於越南海防市丁武吉海經濟區,佔地面積逾7,200平方米,年產能約3,000噸,設有精密配色體系、嚴格品質管控機制及具全球認證的專業檢測實驗室。 新廠房投產後,將主要服務東南亞高端塑膠塗料客戶,依托恒昌越南本地技術團隊及塗料業務國內專業團隊的強大支持,能顯著提升供應鏈的效能,並靈活應對東南亞市場日益增長的需求。隨著全球供應鏈的重塑,東南亞已成為眾多工業客戶的生產重心。新廠房的落成,不僅有力支撐集團「立足中國、放眼東盟」的長遠發展目標,也將進一步鞏固塗料業務在高端塑膠塗料領域的領導地位。 恒昌越南於2026年4月22日在新廠房舉辦盛大的開業慶典,當日邀請了集團主席葉志成先生、集團行政總裁葉鈞先生、集團旗下紫荊花新材料集團總裁陳傳生先生及一眾塗料業務的管理層、員工及合作伙伴出席典禮。 葉氏化工宣佈旗下塗料業務越南新廠房正式開業 集團行政總裁葉鈞先生致辭表示:「在當前全球經濟環境多變、挑戰重重的背景下,我們選擇在越南紮根,因為我們深信這裡具備潛力與韌性。 這不僅是生產基地的擴張,更是我們戰略藍圖中的一個重要里程碑。 我們將以此為起點,將葉氏化工的專業技術與服務更直接地帶到東南亞市場。 展望未來,這座工廠將成為我們塑膠塗料發展的核心引擎。我們將繼續發揮集團在化工領域的研發優勢,致力於為玩具、電子及各類消費品提供高品質、環保的塗料解決方案。透過在地化生產,我們能更快速地回應客戶需求,在變幻莫測的市場中,精準捕捉機遇,創造新的業務增長點。」 紫荊花新材料集團總裁陳傳生先生致辭表示:「這不僅是公司出海征程中一座里程碑式的豐碑,更承載著我們深耕海外市場、將業務做大做強的堅定夢想,彰顯了我們始終貼近客戶、用心服務客戶的初心使命,也體現我們公司在面對複雜多變的市場環境時,敢於探索、勇於突破的企業家精神。越南工廠僅用一年便完成從構想到落成的突破,這一成果得益于各方的緊密合作。未來,越南工廠的市場開拓、高效運營與本土化深耕,需要前線與後勤的每一位同事凝心聚力、並肩作戰。希望大家始終秉持初心、同心同德,直面挑戰、搶抓機遇,一起把越南工廠打造成公司海外業務的標杆,共同書寫公司出海發展的精彩答卷!」 葉氏化工宣佈旗下塗料業務越南新廠房正式開業 乘工業塗料增長勢頭加快發展步伐 根據葉氏化工早前公佈的2025年全年業績,集團塗料業務在逆市中憑藉優化產品組合展現強勁韌性,塗料板塊毛利率上升3.6個百分點至29.8%,分類利潤更大增623%至5,220萬港元,當中工業塗料表現亮眼。 恒昌越南新廠房順利於2026年第二季投產,正是集團落實業績展望、把握工業塗料增長勢頭,並聚焦資源推動業務發展的重要布局。 展望未來,葉氏化工將繼續致力打造「精美的化工企業發展平台」。 越南塗料廠房的正式營運將直接提升集團在東南亞市場的競爭力,同時強化中國總部的全球營運效能。集團亦將積極尋找具技術含量的戰略性投資及併購機會,以加快發展步伐,為股東及持份者創造更穩健及長遠的價值。 — 完 — 有關葉氏化工集團有限公司 (於開曼群島註冊成立之有限公司) 葉氏化工創立於1971年並於1991年在香港聯合交易所主板上市(股份代號:00408)。專注於化工行業逾半世紀,集團的願景是成為「精美的化工企業發展平台」,憑藉旗下企業超前的環保產品與技術、專業的服務以及高美譽度的品牌,不斷為人民生活添加活力。 集團的核心業務涵蓋油墨、工業及建築塗料、特殊樹脂、潤滑油及化學氣體回收與治理業務,已在中國精細化工及環境治理領域奠定領先地位。旗下「洋紫荊」油墨是中國最大油墨製造商;「恆昌」塗料在中國高端塑膠塗料市場處於領先地位;紫荊花新材料集團亦同時營運「紫荊花」、「駱駝漆」及「大昌樹脂」等知名品牌;「力士」及「博高」潤滑油亦位處市場前列;「信諾海博」為中國領先的化學氣體回收及治理企業。 葉氏化工同時為全球最大醋酸酯溶劑企業「謙信化工」的核心投資者。 葉氏化工依托穩健的股東架構、覆蓋全國的生產與營銷網絡,以及多元而強大的業務組合,長期深耕中國市場,累積穩固的產業資源與營運基礎。集團將持續推動綠色創新化工業務,並加速構建更具規模與穩健的平台。 如欲瞭解更多,請到訪: www.yipschemical.com 傳媒及投資者垂詢 葉氏化工集團有限公司蘇麗穎小姐 電話:(852) 2675 2385 電郵:wing.so@yipschemical.com 傳真:(852) 2675 2345 金通策略有限公司 施謐修小姐 電話:(852) 2854 8711 電郵:michelleshi@dlkadvisory.com 梅穎珊小姐 電話:(852) 2854 8727 電郵:kathleenmui@dlkadvisory.com 文件: 408_Vietnam Plant_Press Release_TC_20260423_FINAL 2026-04-23 此財經新聞稿由EQS via SeaPRwire.com轉載。本公告內容由發行人全權負責。瀏覽原文: http://www.todayir.com/tc/index.php
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Yip’s Chemical (408.HK) Announces Official Opening of New Plant for its Coatings Business in Vietnam

EQS via SeaPRwire.com / 23/04/2026 / 18:48 UTC+8 【FOR IMMEDIATE RELEASE】 23 April 2026 Yip’s Chemical Announces Official Opening of New Plant for its Coatings Business in Vietnam Seizing the strong growth momentum of industrial coatings, building a high-end plastic coatings production base, and deepening the Southeast Asian supply chain layout (Hong Kong, 23 April 2026)Yip’s Chemical Holdings Limited (SEHK: 00408) (“Yip’s Chemical” or the “Company”, together with its subsidiaries collectively referred to as the “Group”) is pleased to announce that the new plant of its coatings business in Vietnam, "Hang Cheung (Vietnam) Advanced Materials Company Limited"(CÔNG TY TNHH VẬT LIỆU CAO CẤP HANG CHEUNG (VIỆT NAM))("Hang Cheung Vietnam"), officially opened on 22 April, 2026. This move marks a critical step for the Group in expanding into the Southeast Asian market and optimising its global supply chain layout. It further consolidates the Group's strategic initiatives for overseas expansion and strengthens its localised service capabilities for Southeast Asian and overseas customers. Yip’s Chemical Announces Official Opening of New Plant for its Coatings Business in Vietnam Establishing a Foothold in the Core Hub of Haiphong to Strengthen Southeast Asian Market Layout The new Hang Cheung Vietnam plant is located in the Dinh Vu-Cat Hai Economic Zone in Haiphong City, Vietnam, covering an area of over 7,200 square meters with an annual production capacity of approximately 3,000 metric tonnes. It is equipped with a precise color matching system, rigorous quality control mechanisms, and a globally certified professional testing laboratory. Upon commencing production, the new plant will primarily serve high-end plastic coatings customers in Southeast Asia. Relying on the strong support of Hang Cheung Vietnam's local technical team and the domestic professional team of the coatings business, it will significantly improve supply chain efficiency and flexibly respond to the growing demand in the Southeast Asian market. With the reshaping of the global supply chain, Southeast Asia has become the production center for many industrial customers. The completion of the new plant not only strongly supports the Group's long-term development goal of "basing in China, looking to ASEAN", but will also further consolidate the coatings business's leading position in the high-end plastic coatings sector. Hang Cheung Vietnam held a grand opening ceremony at the new plant on April 22, 2026. Guests invited to attend the ceremony included Mr. Ip Chi Shing, Tony, Chairman of Yip’s Chemical; Mr. Ip Kwan, Francis, Chief Executive Officer of Yip’s Chemical; Mr. Chan Chuen Sang, Raymond, President of Bauhinia Advanced Materials Group, a subsidiary of the Group; along with management, employees, and business partners of the coatings business. Yip’s Chemical Announces Official Opening of New Plant for its Coatings Business in Vietnam Mr. Ip Kwan, Francis, Chief Executive Officer of Yip’s Chemical, remarked in a speech: "In the context of the current volatile and challenging global economic environment, we chose to take root in Vietnam because we firmly believe in its potential and resilience. This is not just an expansion of our production base, but an important milestone in our strategic blueprint. We will use this as a starting point to bring Yip's Chemical’s professional technology and services more directly to the Southeast Asian market. Looking ahead, this plant will become the core engine for our plastic coatings development. We will continue to leverage the Group's R&D advantages in the chemical sector, dedicating ourselves to providing high-quality, eco-friendly coating solutions for toys, electronics and various consumer goods. Through localised production, we can respond to customer needs more quickly and accurately capture opportunities in a highly unpredictable market, creating new business growth points." Mr. Chan Chuen Sang, Raymond, President of Bauhinia Advanced Materials Group, stated in a speech: "This is not only a milestone monument in the Company's overseas journey, but it also carries our steadfast dream of deepening our roots in overseas markets and making our business bigger and stronger. It highlights our original mission to always stay close to our customers and serve them with dedication, and reflects our company's entrepreneurial spirit of daring to explore and make breakthroughs in the face of a complex and ever-changing market environment. The Vietnam plant achieved the breakthrough from conception to completion in just one year, a result that stems from the close cooperation of all parties. In the future, the market expansion, efficient operation, and localisation of the Vietnam plant will require the unity and concerted efforts of every colleague on the frontlines and in the back office. I hope everyone will always uphold our original intentions, work together with one heart and mind, face challenges head-on, seize opportunities, and together build the Vietnam plant into a benchmark for the Company's overseas business, jointly writing a wonderful answer sheet for the Company's overseas development!" Yip’s Chemical Announces Official Opening of New Plant for its Coatings Business in Vietnam Accelerating the Pace of Development by Riding the Growth Momentum of Industrial Coatings According to the 2025 annual results previously announced by Yip's Chemical, the Group's coatings business demonstrated strong resilience in a challenging market through product portfolio optimisation. The gross profit margin of the coatings segment increased by 3.6 percentage points to 29.8%, and the segment profit surged by 623% to HKD 52.2 million, with industrial coatings performing exceptionally well. The successful commencement of production at the new Hang Cheung Vietnam plant in the second quarter of 2026 is an important layout for the Group to realise its performance outlook, seize the growth momentum of industrial coatings, and focus resources on driving business development. Looking ahead, Yip's Chemical will continue to be committed to building "a leading development platform for chemical businesses". The official operation of the Vietnam coatings plant will directly enhance the Group's competitiveness in the Southeast Asian market while strengthening the global operational efficiency of its Chinese headquarters. The Group will also actively seek strategic investment and merger and acquisition opportunities with technological content to accelerate its pace of development, creating more robust and long-term value for shareholders and stakeholders. — End — About Yip’s Chemical Holdings Limited (Incorporated in the Cayman Islands with limited liability) Founded in 1971 and listed on the Main Board of Hong Kong Stock Exchange (SEHK: 00408) since 1991, Yip’s Chemical has been dedicated to the chemical industry for more than half a century. The Group’s long-term vision is to become “a leading development platform for chemical businesses” driven by green, innovative technology, professional services and highly respected brands that enrich people’s lives. The Group’s core businesses include inks, industrial and architectural coatings, specialty resins, lubricants and chemical vapour recovery and treatment. The core businesses have established leading positions in China in their respective sectors. “Bauhinia Variegata” is the largest inks manufacturer in China; “Hang Cheung” coatings holds a leading position in China’s high-end plastic coatings segment; Bauhinia Advanced Materials Group also operates well-known brands including “Bauhinia” and “Camel” paints as well as “Da Chang” polymers; “Hercules” and “Pacoil” lubricants rank among the market leaders; “Sino-Hypro” is recognised as a leading enterprise in chemical vapour recovery and treatment in China. The Group is also a core investor in “Handsome Chemical”, the world’s largest acetate solvents producer. Leveraging its stable shareholder structure, extensive nationwide manufacturing and sales network, and a dynamic portfolio of strong businesses, the Group has built a robust foundation in the domestic chemical industry. Going forward, the Group will drive sustainable innovation in chemical operations and accelerate the development of a more scalable and resilient platform. Learn more about Yip’s Chemical on: www.yipschemical.com Media and Investor Enquiries Yip’s Chemical Holdings LimitedMs. Wing So Tel:(852) 2675 2385 Email:wing.so@yipschemical.com Fax :(852) 2675 2345 DLK Advisory Limited Ms. Michelle Shi Tel: (852) 2854 8711 Email: michelleshi@dlkadvisory.com Ms. Kathleen Mui Tel: (852) 2854 8727 Email: kathleenmui@dlkadvisory.com File: 408_Vietnam Plant Opening_Press Release_EN_20260423 FINAL 23/04/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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森林城市馬來西亞2026:「鬼城」標籤背後的真相

EQS via SeaPRwire.com / 2026-04-23 / 15:40 UTC+8 政府公報、租金數據與第三方排名,揭示了柔佛這個超級項目的真實面貌 曾幾何時,「鬼城」這個標籤被牢牢貼在馬來西亞森林城市身上。 但如今,這一說法事實上已經過時。以下是最新數據所揭示的情況。 在東南亞房地產界,很少有標籤像「鬼城」這樣,既根深蒂固,又充滿爭議。 這個投資千億美元的巨型項目,坐落在馬來西亞柔佛州的土地上。 從BBC到YouTube上的熱門紀錄片,國際媒體曾反覆播放空曠的林蔭大道和空置大樓的畫面,讓這個標籤多年來揮之不去。 但情況已經發生了實質性的變化。2024年,馬來西亞政府正式設立森林城市特別金融區(SFZ),並將其納入更大範圍的柔佛-新加坡經濟特區(JSSEZ)框架。 此後,關鍵指標開始顯著轉向。 商務工作及機遇正紛紛入局。目前,森林城市已有近兩萬名居民。森林城市高爾夫度假村的「經典球場」已連續七年(2020-2026)入選「亞洲百佳高爾夫球場」,而由高爾夫傳奇人物傑克·尼克勞斯與其子設計的「傳奇球場」,則在「2024-2025亞太百佳高爾夫球場」榜單中位列第49名。 此外,涵蓋海灘走廊、紅樹林生態遊、海釣、合法執照的煙花攤點等新型配套設施,正吸引著日益擴大的遊客群體。 早期報導捕捉了那個特定時刻的畫面。但如今的數據、實地觀察與獨立排名,呈現的是一幅持續活躍的圖景。 本文將追溯「鬼城」標籤的由來,分析哪些方面已經改變,並用數據還原森林城市的真實狀況。 「鬼城」標籤從何而來? 這個標籤並非憑空出現。 它反映了森林城市在特定發展階段的真實狀況——政策調整、疫情衝擊、國際媒體報導的時機,共同塑造了那個形象。 2014年至2018年: 森林城市項目啟動,初期面向中國大陸買家,並進行大規模跨境行銷。 建設尚處於早期階段,住宅大樓和核心配套設施分期投入使用。 2018年至2020年: 時任總理馬哈蒂爾·穆罕默德收緊外國人購房政策,導致中國需求降溫,原有的銷售節奏受到影響。 2020年至2022年: 新冠疫情導致的邊境關閉,切斷了主要買家和遊客來源。 入住率偏低,但建設仍在繼續,國際媒體正是藉助這個「空窗期」拍攝了大量特定畫面。 2023年至2024年: 總理安瓦爾·易卜拉欣將森林城市作為國家金融特區戰略的一部分予以支援,並與柔佛—新加坡經濟特區掛鉤。 政策正式推動從以住宅為主的項目轉型為綜合功能區,向金融服務、家族辦公室提供服務,和激勵專業人才。 這是一個真正的轉捩點。 那麼,如果拋開2020年的舊影像,用當下的數據來看,森林城市究竟是什麼樣子? 森林城市現在怎麼樣? 截至2026年,森林城市已發展為一個活躍、有充分入住率的社區,居民與遊客數據可查可核。 項目已建成2.6萬套住宅單位,約80%已售出,吸引了來自20多個國家的近兩萬名居民。 商務活動已經擴大,金融中心內有一個3萬平方米的購物中心,加上海岸邊的漁人碼頭商業街,已有超過100家零售店鋪在運營。 沿著4公里長的開發海岸線,日常遊客來這裡參觀紅樹林生態旅遊和海釣活動。 高爾夫仍然是一個核心亮點,近年來越來越多的高爾夫球手專程到訪森林城市備受讚譽的球場。 馬來西亞森林城市現狀。 住宅大樓已全面投入運營,直線距離新加坡僅2公里,居住著來自20多個國家的超過15,000名居民。 2024-2026年的關鍵活動指標顯示,實際情況與2018-2022年期間的媒體報導已截然不同: 指標 2020-2022年(媒體報導期間) 2024-2026年(當前) 居民數量 建設期間入住率低 來自20多個國家約20,000人 辦公室租金 1.50令吉/平方英尺 5.50令吉/平方英尺 (+267%) 辦公入駐率 — 59%(已推出50,000平方英尺) 旅遊設施 未運營 高爾夫度假村、酒店、紅樹林旅遊、海釣、4公里海岸線、8公里騎行道、婚禮場地、水上樂園、購物中心、商業街等 國際學校 — 國際學校(屬於CATS全球學校網路),提供從幼稚園到高中的教育 遊客到訪量 接近零(疫情封鎖) 每年超過300萬人次 這個曾經被貼上「鬼城」標籤的項目,如今已向馬來西亞政府累計繳稅超過7.9億令吉,為企業社會責任項目投入5300萬令吉,與190多家本地企業建立合作,併為紅樹林、海草保護等環境項目投入超過1.4億令吉。 發生了什麼變化了? 特別金融區的效應 2024年,馬來西亞政府將森林城市指定為柔佛-新加坡經濟特區內的金融特區,使該項目從開發商主導的住宅項目,轉變為一個政府錨定、有雙邊背書的經濟戰略。 該指定明確了一系列激勵措施: 符合條件的家族辦公室投資收入,首10年享受0%稅率,符合條件可再延長10年。 金融、科技及其他特定行業的合格機構,可享受20年5%的企業稅率。 知識型工作者可享受15%的個人所得稅率。 家族辦公室的最低管理資產規模(AUM)為3,000萬令吉。 這些政策改變了行為模式。目前已有六個家族辦公室獲得批准,報告的資產管理規模合計達4億令吉。政府為金融特區設定的目標是,到2026年底資產管理規模達到20億令吉。 寫字樓租賃隨之活躍,租金要價從每平方英尺1.50令吉上漲至5.50令吉,漲幅達267%,首批5萬平方英尺的商業空間入駐率已達到59%。 這些數位表明的是市場驅動的定價,而非促銷性的定位。 雙邊層面的意義同樣不可忽視。 新加坡對柔佛-新加坡特別經濟區框架的正式認可,將政策信譽延伸至馬來西亞國內政治週期之外, 使森林城市成為一個處於估值正常化初期的跨境資產。 對於習慣於評估主權風險的投資者而言,兩國政府的聯合承諾代表著重要的去風險信號。 如今誰住在森林城市? 截至2026年的人口統計數據顯示,居民結構比項目早期聚焦中國市場的行銷所呈現的要更加多元化。 超過15,000名來自20多個國家的居民如今以森林城市為家,使其成為一個國際化社區,而非單一市場的聚居區。 日常生活基礎設施已經成熟,能夠支撐穩定的居住生活。 零售和餐飲門店已配備齊全,可滿足居民和遊客的日常需求,涵蓋從日用品、餐飲到醫療服務和傢俱等各個方面。 對大多數居民而言,晚上已無需再驅車25分鐘前往新山市中心商業區。 教育也成為吸引家庭落戶的主要因素。 森林城市國際學校成立於2018年,是CATS全球學校網路在馬來西亞的旗艦校區,一所著名的美式K12寄宿學校,提供從幼稚園到高中的教育。 超過一半的教學人員從海外招聘,均擁有五年以上教學經驗,其中60%擁有碩士或博士學位。森林城市國際學校2025屆畢業生取得優異成績,獲得包括倫敦大學學院(UCL)、南洋理工大學(NTU)、香港大學(HKU)、多倫多大學(U of T)、英屬哥倫比亞大學(UBC)、首爾大學(SNU)、高麗大學(KU)、延世大學(YU)、東京大學(UTokyo)、倫敦藝術大學(UAL)、薩凡納藝術與設計學院(SCAD)等17所名校的錄取。這指標反映的是教育成果,而不僅僅是招生宣傳。 這座城市的活力也體現在定期的節慶、運動會和多元文化聚會中,這些活動同時服務於外籍人士和馬來西亞本地家庭。 在CNA Insider的一期森林城市專題視頻中,受訪者尼扎姆指出:「以前關於森林城市有很多負面評價,我想現在人們知道了,他們親眼看到了實際情況是怎樣的。 這裡非常熱鬧。 」 這些變化大多是在金融特區落地後發生的,特區政策把人口增長,逐漸轉化成了更穩定、更有凝聚力的社區生活。 森林城市海濱的一場社區活動。 該處每年舉辦超過100場國際活動和賽事,包括定於2026年10月舉行的馬來西亞挑戰賽鐵人三項。 在森林城市到底有什麼做? 除了政策機制,森林城市現已建成並運營完善的旅遊休閒基礎設施。 目前已投入運營的設施和活動包括: 高爾夫度假村:「經典球場」連續七年(2020-2026)位列「亞洲百佳高爾夫球場」榜單; 由高爾夫傳奇人物傑克·尼克勞斯及其子傑克·尼克勞斯二世設計的「傳承球場」,在中國最大高爾夫平台「雲高」評選的「2024-2025亞太百佳高爾夫球場」榜單中位列第49名。 酒店:森林城市濱海酒店和森林城市高爾夫酒店,兩家五星級酒店,提供完善的度假設施,適合短期和長期入住,滿足休閒旅遊和與商務差旅需求。 紅樹林生態遊: 在毗鄰的286萬平方米綠色走廊內,可由註冊的遊船公司提供導覽服務,帶領紅樹林遊覽。 該生態系統棲息並記錄著超過400種動植物。 海濱及近海區域提供休閒海釣活動。 海釣:沿海和近海均可進行休閒海釣,適合熱愛海洋、尋求刺激和深海探險的遊客。 提供靈活的雙人或四人套餐,部分含餐。 海岸線:約4公里長的已開發海灘,包括公共步道、海濱長廊和休閒設施,以及專門的婚禮場地。 毗鄰新加坡:森林城市距離新加坡直線距離約2公里,駕車前往新加坡中央商務區(CBD)約40分鐘,方便從新加坡出發的一日遊或週末短途旅行。 活動日程: 每年舉辦超過100場涵蓋高爾夫、休閒和文化類別的國際活動和賽事。 馬來西亞挑戰賽鐵人三項定於2026年10月舉行,為日益豐富的頂級賽事陣容再添活力。 對遊客而言,最直觀的變化是可以真正走進這片自然環境。 森林城市保留了286萬平方米的綠地,記錄有超過400種動植物。 此外,森林城市在城市規劃、可持續發展和酒店服務方面榮獲40多項國際獎項,其眾多建築已獲得LEED認證。 這些優勢為遊客打造了切實可行的遊覽路線。 森林城市高爾夫度假村。 經典球場連續七年(2020-2026)入選亞洲百佳高爾夫球場; 由傑克·尼克勞斯設計的傳承球場在2024-2025亞太百佳中位列第49名。 度假村每年舉辦超過100場國際賽事。 馬來西亞政府為何如此重視森林城市項目? 森林城市的發展軌跡體現了政策與企業之間日益顯著的契合,這種融合已將政治承諾轉化為立法頒布和實體基礎設施。 機構入駐傳遞出實地信號: 馬來西亞投資促進中心(IMFC)已在森林城市設立辦事處,十餘家政府機構在此辦公,這表明政府積極利用而非放棄該項目。 政府獲得的收益可量化: 已繳納超過7.9億令吉的稅款,創造了1萬個就業崗位,與超過190家本地企業建立了合作關係,投入5300萬令吉用於企業社會責任項目,並投入1.4億令吉用於環境保護工作。 這些數據表明,公私合作模式正在產生可審計的收益。 交通規劃與政策一致: 新山-新加坡快速交通系統(RTS)連接線計劃於2026年底完工。 吉隆坡-新加坡高速鐵路項目仍在持續推進中。 柔佛蘇丹提出的海上輕軌系統旨在緩解新柔長堤上長期存在的關卡擁堵問題。 結論 「鬼城」標籤捕捉的是2018年至2022年間的一個視窗期——當時建設佔據主導、邊境關閉、政策抑制了需求。 那個視窗期已經關閉。 對於遊客來說,一日遊和週末遊現在已是切實可行的選擇。 對於居民來說,宜居性可以根據現有的基礎設施來評估,而不必再被舊印象左右。 對於投資者而言,六個已獲批准的家族辦公室在已頒布的金融特區規則下營運,代表著該政策框架的早期驗證。 2026年的圖景已截然不同:一個已頒布立法的指定金融特區,機構租戶已經入駐,辦公空間正按市場價出租,近20,000名居民居住在26,000套已建成的住宅中,以及圍繞備受讚譽的高爾夫球場和4公里已開發海岸線建立的旅遊與活動生態系統。 數據已披露並記錄在案。 政府公報、第三方排名、稅收繳納數據、入駐率指標以及當前的實地情況,比當年媒體報導的建設階段畫面,更能全面展現現狀。 對於那些關注東南亞投資機會、尤其是聚焦柔佛—新加坡走廊的參與者來說,「鬼城」的歷史標籤與2026年的經濟現實之間,差距已經大到無法忽視。 當然,金融特區的基準數據和不斷上漲的租金回報率,提供了可靠的分析基礎; 但真正的盡職調查,仍然少不了一趟實地考察。 親眼看一看這座城市當前的運營狀況,是將過去的報導與特殊功能區切實的經濟發展勢頭進行對比的最佳途徑。 2026-04-23 此財經新聞稿由EQS via SeaPRwire.com轉載。本公告內容由發行人全權負責。瀏覽原文: http://www.todayir.com/tc/index.php
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Forest City Malaysia 2026: The Truth Behind the “Ghost City” Label

EQS via SeaPRwire.com / 23/04/2026 / 15:40 UTC+8 What government gazettes, rental figures, and third-party rankings reveal about the Johor mega-development in 2026 The “ghost city” label applied to Forest City Malaysia is factually outdated. Here is what the current data shows. Few labels in Southeast Asian real estate have proven as persistent—or as polarising—as the “ghost city” tag attached to Forest City, the US$100 billion mega-development rising from land in Johor, Malaysia. International media, from the BBC to viral YouTube documentaries, broadcast images of empty boulevards and unoccupied towers, cementing a narrative that has followed the project for years. Conditions have demonstrably shifted. Since the Malaysian government gazetted the Forest City Special Financial Zone (SFZ) in 2024, tying the development to the broader Johor-Singapore Special Economic Zone (JSSEZ), key metrics have shifted materially. Businesses have been moving in. The city now has close to 20,000 residents. Forest City Golf Resort’s “Classic Course” has ranked in the “Top 100 Golf Courses in Asia” for seven consecutive years (2020–2026), and the “Legacy Course,” designed by golf legend Jack Nicklaus and his son Jack Nicklaus II, ranked 49th in the “2024–2025 Asia-Pacific Top 100 Golf Courses” list. Moreover, new amenities spanning beach access, mangrove ecotours, sea fishing, and licensed firework stalls, are drawing a widening visitor base. Early coverage captured a moment. But current data, onsite observation, and independent rankings show sustained activity. This article traces how the “ghost city” label took hold, examines what has changed, and assesses what the data reveals about Forest City today. Where Did the “Ghost City” Label Come From? The label did not appear out of nowhere. It reflected real conditions at a particular point in Forest City’s project lifecycle, shaped by policy shifts, pandemic disruption, and the timing of international media coverage. 2014 to 2018: Forest City launched with a focus on Chinese mainland buyers and highly visible cross-border marketing. Construction was in its early phases, with residential towers and core amenities coming online in stages. 2018 to 2020: Then-Prime Minister Mahathir Mohamad tightened rules on foreign property purchases, cooling Chinese demand and affecting the original sales cadence. 2020 to 2022: COVID‑19 border closures cut off key buyer and visitor markets. Occupancy remained low while construction continued. International outlets filmed during this lull, capturing a large amount of specific footage. 2023 to 2024: Prime Minister Anwar Ibrahim backed Forest City as part of a national SFZ strategy tied to the JSSEZ. Policy measures formalised a strategic pivot from a primarily residential development toward a mixed-use hub for financial services, family offices, and incentives for skilled professionals. This marked the turning point. The question, then, is what Forest City looks like when assessed against current data rather than footage from 2020. How is Forest City now? As of 2026, Forest City functions as an active, occupied community with verifiable resident and visitor figures. The development comprises 26,000 completed units, around 80% sold, supporting close to 20,000 residents from over 20 nationalities. Commercial activity has expanded, with over 100 retail outlets in operation spread across a 30,000 m2 shopping mall in the Finance Centre and Fisherman Wharf Commercial Street on the coast. Daily footfall is visible along the 4 km developed coastline, where operators run mangrove eco-tours and sea fishing excursions. Golf remains a major draw, with a growing number of golfers visiting Forest City’s highly acclaimed courses in recent years. Forest City Malaysia today. The development's residential towers — home to more than 15,000 residents from over 20 nationalities — are fully operational, 2 km from Singapore by straight line. Key activity metrics from 2024–2026 indicate a materially different picture from media coverage from the 2018–2022 period: Metric 2020–2022 (Media Coverage Period) 2024–2026 (Current) Residents Low occupancy during construction Around 20,000 from 20+ countries Office rental rate RM1.50/sq ft RM5.50/sq ft (+267%) Office occupancy — 59% (50,000 sq ft launched) Tourism facilities Non-operational Golf resort, hotels, mangrove tours, sea fishing, 4 km coastline, 8 km cycling path, wedding venue, water park, shopping mall, commercial street, and more International schools — International school (in CAT Global Schools network) offering education from kindergarten to high school Tourist arrivals Near zero (COVID closures) Over 3 million tourists per year The development once labelled a “ghost town” now reports over RM790 million in cumulative tax contributions to the Malaysian government, contributed RM53 million to Corporate Social Responsibilities (CSR) programmes, formed partnerships with more than 190 local enterprises, and directed over RM140 million to environmental initiatives such as mangrove and seagrass conservation. What Changed? The Special Financial Zone Effect In 2024, the Malaysian government designated Forest City as a SFZ within the JSSEZ, shifting the project from a developer-led residential project to a government-anchored economic strategy with bilateral backing. The designation set out clear incentives: 0% tax on qualifying family office investment income for an initial 10-year period, extendable by a further 10 years for eligible entities. 5% corporate tax for qualifying institutions in finance, technology, and other select industries for 20 years. 15% personal income tax for skilled knowledge workers. Minimum assets under management (AUM) of RM30 million for family office eligibility. These terms changed behaviour. On the private side, six family offices have secured approval, reporting a combined RM400 million in assets. The government’s target for the SFZ is RM2 billion in AUM by end-2026. Office leasing followed. Asking rents rose from RM1.50 to RM5.50 per sq ft, a 267% increase, and the first 50,000 sq ft of commercial space has reached 59% occupancy. These figures suggest market-driven pricing rather than promotional positioning. The bilateral context also matters. Singapore’s formal endorsement of the JSSEZ framework extends policy credibility beyond Malaysia’s domestic political cycle, positioning Forest City as a cross-border asset in the early stages of valuation normalisation. For investors accustomed to assessing sovereign risk, the joint commitment from both governments represents a meaningful de-risking signal. Who Actually Lives in Forest City Today? Demographic data as of 2026 indicates a more diverse residential base than the project’s early China-focused marketing might suggest. More than 15,000 residents from over 20 nationalities now call Forest City home, making it a mixed international community rather than a single-market enclave. Daily infrastructure has matured to support settled living. Retail and F&B outlets are equipped to serve resident and visitor needs daily, covering everything from groceries and dining to medical services and furniture. For most residents, evenings no longer require the 25-minute drive to Johor Bahru’s commercial centres. Education has also emerged as a primary draw for families. Forest City International School, established in 2018 as the Malaysia flagship campus of CATS Global Schools, is a renowned American style K12 boarding school that offers education from kindergarten through high school. Over half of teaching staff is recruited from overseas, all of them have over five years of teaching experience, and 60% have master’s or doctoral degrees. The Class of 2025 at Forest City International School has achieved outstanding results, securing admissions from 17 world-renowned institutions. These include University College London, Nanyang Technological University, the University of Hong Kong, the University of Toronto, the University of British Columbia, Seoul National University, Korea University, Yonsei University, the University of Tokyo, University of the Arts London, and Savannah College of Art and Design, a metric that speaks to educational outcomes rather than enrolment marketing alone. The city’s rhythm is visible in regular festivals, sports meets, and cultural gatherings that serve both expatriate and Malaysian families. In a Channel News Asia (CNA) Insider video feature about Forest City, interviewee Nizam noted: “There were many bad reviews about Forest City. So, I think now people know and they’ve seen for themselves how the condition actually is. It’s very crowded.” Much of this consolidation follows the SFZ designation, which has translated population growth into a more settled pattern of community life. A community event at Forest City's beachfront. The development hosts more than 100 international events and tournaments annually, including the Challenge Malaysia triathlon scheduled for June 2026. What is There Actually to Do in Forest City? Beyond policy mechanics, Forest City now operates functioning tourism and leisure infrastructure. Facilities and activities now in operation: Golf resort: The “Classic Course” has ranked in the “Top 100 Golf Courses in Asia” for seven consecutive years (2020–2026), and the “Legacy Course,” designed by golf legend Jack Nicklaus and his son Jack Nicklaus II, was ranked 49th in the “2024–2025 Asia-Pacific Top 100 Golf Courses” list by China’s largest golf platform, Cloud Golf. Hotels: Two five-star properties, the Forest City Marina Hotel and Forest City Golf Hotel, offer full resort amenities for short stays and extended visits, supporting both leisure tourism and business travel tied to the SFZ. Mangrove tours: Guided mangrove tours operate within the adjoining 2.86 million m² green corridor, accessible via registered boat operators. The ecosystem hosts more than 400 documented plant and animal species. Recreational sea fishing is available along the waterfront and offshore. Sea fishing: Recreational sea- fishing along the waterfront and offshore for ocean lovers seeking wave-breaking fun and deep-sea adventure. Flexible two- or four-person packages with selected meals are available. Coastline: Approximately 4 km of developed beachfront includes public access, a waterfront promenade, and recreational facilities, including a dedicated wedding venue. Proximity to Singapore: Forest City sits roughly 2 km from Singapore in a straight line—approximately 40 minutes by car to Singapore’s CBD—making it comfortable for day trips and weekend visits from the city-state. Events calendar: More than 100 international events and tournaments run annually across golf, leisure, and cultural categories. The Challenge Malaysia triathlon is scheduled for June 2026, adding to a growing roster of marquee fixtures. For visitors, the most visible change is practical access to the environment. Forest City sets aside 2.86 million m² of green space, with more than 400 documented plant and animal species. It has also earned more than 40 international awards across urban planning, sustainability, and hospitality, with many of its buildings now LEED-certified. These elements shape a credible on-the-ground itinerary. Forest City Golf Resort. The Classic Course has ranked in Asia's Top 100 Golf Courses for seven consecutive years (2020–2026); the Legacy Course, designed by Jack Nicklaus, placed 49th in the 2024–2025 Asia-Pacific Top 100. The resort hosts more than 100 international tournaments annually. Why is the Malaysian Government Invested in Making This Work? Forest City’s trajectory reflects an increasingly visible alignment between public policy and private capital, a convergence that has translated political rhetoric into legislative action and physical infrastructure. Institutional presence signals intent on the ground: The Malaysia Investment Facilitation Centre (IMFC) has established operations in Forest City, with more than 10 government agencies co-located there, indicating active use rather than abandonment. Reported returns to the state are quantifiable: Over RM790 million in taxes paid, 10,000 jobs created, partnerships with over 190 local enterprises, RM53 million put into CSR initiatives, and RM140 million directed towards environmental work. These figures suggest the public-private model is producing an auditable dividend. Connectivity spending is consistent with the policy stance: The Johor Bahru-Singapore Rapid Transit System (RTS) Link is scheduled for completion in late 2026. The Kuala Lumpur-Singapore High-Speed Rail continues to progress through development phases. A sea-based LRT system proposed by the Sultan of Johor aims to alleviate chronic checkpoint congestion at the causeway. Conclusion The “ghost city” label captured a window from 2018 to 2022, when construction dominated, borders were shut, and policy cooled demand. That window has closed. For prospective visitors, day trips and weekend stays are now practical options. For prospective residents, liveability can be assessed against current infrastructure rather than dated impressions. For investors, six approved family offices operating under enacted SFZ rules represent early-stage validation of the policy framework. The 2026 picture is measurably different: a designated SFZ with enacted legislation, institutional tenants in place, office space leasing at market rates, close to 20,000 residents across 26,000 completed homes, and a tourism and events ecosystem built around highly acclaimed golf courses and 4 km of developed coastline. The evidence is on the record. Government gazettes, third-party rankings, tax remittance data, occupancy figures, and current on-the-ground conditions offer a more complete picture than media footage from the construction phase. For stakeholders navigating Southeast Asian investment opportunities, or the Johor-Singapore corridor more specifically, the gap between the “ghost city” legacy and 2026’s fiscal reality is now empirically vast. While SFZ benchmarks and rising lease yields provide a valid analytical foundation, a site visit remains the ultimate form of due diligence. Seeing the city’s current operations firsthand is the best way to reconcile past headlines with the SFZ’s tangible economic momentum. 23/04/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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赤子城科技 :2026 年 第一季度收入超 20億,同比增長33.0%~39.6%

EQS via SeaPRwire.com / 2026-04-22 / 17:40 UTC+8 [2026年4月22日 – 香港] 領先的全球化社交娛樂公司 – 赤子城科技有限公司(「赤子城科技」或「本公司」,股份代號:9911;連同其附屬公司統稱「本集團」)欣然發布2026年第一季度未經審核營運數據公告。截至 2026 年 3 月 31 日止三個月,公司預期錄得收入約人民幣 20.30至21.30 億元,較 2025 年同期增長約33.0%至39.6%。其中社交業務收入約人民幣 17.85至18.65 億元,同比增長約31.3%至37.2%;創新業務收入約人民幣 2.45至2.65 億元,同比增長約 46.7%~58.7%,整體保持強勁增長態勢。 社交業務壁壘加深,旗艦產品競爭力提升 公告顯示,公司社交業務收入同比穩健增長,主要由於公司持續推進全球化布局及 AI 全鏈路應用,帶動旗艦產品實現穩步增長。第一季度,公司持續推進「產品複製+國家複製」策略,鞏固在中東北非及東南亞等優勢市場的領先地位,同時以旗艦產品為「先鋒」,在拉美、歐洲、日韓等高增長及高價值新市場持續發力,完善全球社交娛樂版圖。 2026年,公司旗艦產品保持強勁發展。陪伴社交平台 SUGO 在細分賽道的競爭力進一步增強,遊戲社交平台 TopTop 在 GCC 等區域的市場地位亦不斷提升。根據 Sensor Tower 數據,一季度 SUGO 位居中東社交網絡收入排行榜第 5 位,較 2025 年四季度排名提升 2 位;TopTop 位列同一榜單第 6 位。此外,在Sensor Tower 一季度「中國非遊戲應用海外收入排行榜」中,SUGO位列第 13 位,排名按季提升。 在新市場,SUGO、TopTop 亦保持擴張態勢。在拉美市場,SUGO 位居 2026 年第一季度社交網絡收入排名第 12 位,較 2025 年第四季度排名上升 8 位。TopTop 在日本、歐洲等高價值市場取得積極進展,今年第一季度多次進入日本 App Store 休閒遊戲免費榜 Top 10。 目前,SUGO 作為全球在線社交行業的「黑馬」,正從一款區域性陪伴社交標杆產品,崛起為兼具全球影響力和卓越商業化效率的社交平台;TopTop 則持續發揮 UGC 生態優勢,積極佈局發達國家市場,不僅在沙特阿拉伯等 GCC 市場成長為「國民級應用」,在全球市場同品類產品中亦位居前列。 此外,公司多元人群社交業務亦穩步發展。全球化多元人群社區 HeeSay 在優勢市場東南亞的影響力穩步加深,穩居越南及菲律賓等國家 App Store 社交應用暢銷榜 TOP 10。 華西證券研報指出,全球社交網絡與遊戲類 APP 在下載量、使用時長及商業變現三個維度均表現突出,赤子城科技在全球範圍內的布局將持續受益,成長的長期確定性凸顯。 創新業務發展強勁,AI 賦能收入高速增長 創新業務在今年一季度展現出了強勁的發展動能。公告顯示,高增長主要得益於在 AI 驅動下,公司積極投入的短劇業務實現快速增長。 一季度,公司短劇業務有序推進,覆蓋歐美等全球多個市場,驗證了內容創作及爆款打造的全鏈路能力。在此基礎上,公司大力布局 AI 短劇,依托 AI 技術放大內容產能、豐富題材類型、優化製作成本,驅動短劇成為創新業務新增長引擎。 日前,公司短劇業務正式接入 Seedance 2.0,成為首批合作平台之一。同時,通過與 TikTok 等平台聯合運營,公司短劇內容的全球影響力進一步提升。根據 TikTok 發佈的短劇第一季度分賬報告,公司旗下爆款劇首月分賬規模即達到平台單劇第 2。 近年來,公司持續推進 AI 技術深度應用,全面賦能研發、營運等核心業務場景,提升營運效率。其中,自研多模態算法模型 Boomiix 持續升級,提升社交匹配精準度與營運智能化水平;自研 AI 智能數據平台思語大幅縮短數據查詢、異動分析、報告生成等流程的響應周期;自研 AI 智能設計平台 KIVI 大幅提升虛擬禮物、投放素材等的產出效率與內容豐富度。此外,公司積極拓展消費級 AI 應用,孵化 AI 遊戲社區產品 Aippy,探索以 AI 創造情緒價值的新路徑。據悉,目前 Aippy 累計下載量已超過 200 萬。此外,公司推出的 AI Agent 支付項目 NUSD Pay,目前已完成核心系統搭建並進入商業化運營階段。 日前,公司宣布未來兩年內將斥資約 3 億港元進行股份回購,並擬用於本公司員工股權激勵計劃,或根據適用法律法規及上市規則予以注銷。董事會認為,在當前情况下實施股份回購,有助於體現公司對自身業務前景的信心,並將為公司帶來裨益及為股東創造價值。 3 月 6 日,公司正式獲納入港股通合資格證券名單,拓闊內地投資者的參與渠道。納入以來,公司市場關注度及交易活躍度顯著提升,截至 4 月 21 日,日均成交額超過 1.8 億港元,較納入前 3 個月水平提升約 2 倍。隨著納入港股通,公司股東結構持續優化,市場影響力進一步增強,為公司長期發展提供有力支撑。 有關赤子城科技 赤子城科技是一家全球化的互聯網公司,2019年在港交所主板上市,股票代碼為09911.HK。 公司以「創造美好情緒價值」為願景,在社交、遊戲等領域打造了數十款面向全球用戶的APP,包括泛人群社交產品 MICO、YoHo、TopTop、SUGO;多元人群社交產品 HeeSay;精品遊戲產品 Alice's Dream: Merge Games等,累計服務過上百個國家和地區的超過10億全球用戶。赤子城科技深耕中東北非市場,並積極佈局東南亞、歐美、日韓等地區,致力於成為全球最大的社交娛樂公司。 如欲查詢更多資訊,請聯絡: DLK Advisory pr@dlkadvisory.com 2026-04-22 此財經新聞稿由EQS via SeaPRwire.com轉載。本公告內容由發行人全權負責。瀏覽原文: http://www.todayir.com/tc/index.php
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Newborn Town Reports Q1 2026 Revenue Above RMB 2 Billion, Up 33.0%–39.6% YoY

EQS via SeaPRwire.com / 22/04/2026 / 17:40 UTC+8 [Hong Kong – 22 April 2026] Newborn Town Inc. (Newborn Town or the company, stock code: 09911.HK), a leading global social entertainment company, released its unaudited operating data for the first quarter of 2026. For the three months ended 31 March 2026, the company’s total revenue is estimated to reach RMB 2,030 million to RMB 2,130 million, reflecting a year-on-year increase of approximately 33.0% to 39.6%. Revenue from social networking business amounted to approximately RMB 1,785 million to RMB 1,865 million, representing a year-on-year increase of approximately 31.3% to 37.2%. Revenue from innovative business recorded approximately RMB 245 million to RMB 265 million, representing a year-on-year growth of approximately 46.7% to 58.7%, maintaining strong growth momentum. Social Networking Business Deepened Its Competitive Moat as Flagship Products Continue to Strengthen Market Leadership According to the announcement, the steady growth of social networking business revenue was driven by the company’s continued global expansion and the deep integration of AI across the entire business chain, supporting the sustained growth of its flagship products. In the first quarter of 2026, the company continued to advance its successful strategy of replicating its product operations and market expansion experiences, further strengthening its leadership in core markets such as the MENA region and Southeast Asia, while using flagship products as strategic pioneers to accelerate expansion into high-growth and high-value markets including Latin America, Europe, Japan, and South Korea, further enhancing its global social entertainment footprint. In 2026, the Company’s flagship products continued to deliver strong performance. The game-oriented social platform TopTop further improved its market position across GCC countries. According to data from Sensor Tower, in Q1, TopTop ranked 6th in the social apps category on the App Store's revenue rankings for the Middle East. In new markets, TopTop continued to expand its footprint. TopTop made solid progress in high-value markets such as Japan and Europe, ranking among the Top 10 free casual games on the Japanese App Store multiple times during the first quarter. Meanwhile, TopTop continues to leverage its UGC-driven ecosystem to expand into developed markets. It has grown into a widely adopted app in GCC markets such as Saudi Arabia and ranks among the leading products in its category globally. The company’s diverse-audience social networking business (LGBTQ) also maintained steady growth. HeeSay, the company’s global community platform for diverse audiences, further strengthened its presence in Southeast Asia, consistently ranking among the Top 10 grossing social apps on the App Store in countries such as Vietnam and the Philippines. A research report by Huaxi Securities noted that social networking and gaming apps continue to outperform across downloads, user engagement, and monetization. With its expanding global footprint, Newborn Town is well positioned to continue benefiting from these long-term industry trends, further reinforcing the certainty of its long-term growth trajectory. Innovative Business Gained Strong Momentum, with AI Driving Rapid Revenue Growth The company’s innovative business also demonstrated strong growth momentum in the first quarter of 2026. According to the announcement, the growth in revenue from the innovative business segment was driven by the rapid expansion of the short drama business, supported by AI-powered content production and operations. During the period, the company’s short drama business progressed steadily across multiple overseas markets including Europe and North America, validating its full-chain capabilities in content creation and blockbuster content incubation. Building on this foundation, Newborn Town is actively expanding into AI short dramas, leveraging AI technology to amplify content production, diversify genres, and optimize production costs, positioning short drama as a new growth engine for the innovative business. Recently, the Company’s short-form drama business was officially integrated with Seedance 2.0, becoming one of its first partner platforms. At the same time, through joint operations with platforms such as TikTok, the global reach of its short-form content has continued to expand. According to TikTok’s first-quarter revenue-sharing report for short dramas, one of the Company’s hit titles ranked No. 2 on the platform by first-month revenue. In recent years, the company has continued to deepen the application of AI technologies across core business scenarios, comprehensively empowering R&D, operations, and commercialization efficiency. Its self-developed multimodal algorithm model, Boomiix, continues to upgrade, improving the accuracy of social matching and the intelligence of operations. The company’s Siyu AI, an internal data intelligence platform, significantly shortened turnaround times for data queries, anomaly analysis, and report generation. Its proprietary AI-powered design platform KIVI has also greatly enhanced both the efficiency and diversity of content production, including virtual gifts and marketing creatives. In addition, the company continued to expand into consumer-facing AI applications by launching Aippy, exploring new ways to create emotional value through AI. To date, Aippy has surpassed 2 million cumulative downloads. Beyond this, the Company has launched NUSD Pay, an AI agent-based payment solution, which has completed core system development and entered the commercialization stage. The company announced to allocate approximately HK$ 300 million over the next two years for share repurchases, which may be used for the company’s employee equity incentive plans or cancellation in accordance with applicable laws, regulations, and listing rules. The Board believes that implementing share repurchases under the current circumstances reflects confidence in the company’s long-term business outlook and will ultimately benefit the company while creating value for shareholders. On 6 March, Newborn Town was officially included in the list of eligible securities under the Stock Connect, broadening access for mainland investors. Since its inclusion, the company has seen significantly stronger market attention and trading activity. As of April 21, its average daily trading value exceeded HKD 180 million, approximately doubling compared to the three months prior to inclusion. Following its inclusion in Stock Connect, the Company’s shareholder base has continued to diversify, while its market presence has further strengthened, providing solid support for its long-term growth. About Newborn Town Newborn Town has grown into a leading technology company which was listed on the Main Board of the Hong Kong Stock Exchange (HKEX) in 2019 under the stock code 9911.Committed to creating positive emotional value worldwide, Newborn Town has developed a diverse portfolio of applications in the social networking and entertainment sectors. Its social apps include MICO, YoHo, TopTop, SUGO and HeeSay, together with gaming products like Alice's Dream: Merge Games. These applications have achieved widespread acclaim, reaching over one billion users in over one hundred countries and regions.Newborn Town considers the Middle East and North Africa (MENA) region a key market and has also extended its influence in Southeast Asia, Europe, the United States, Japan, and South Korea. The company aims to become the world's largest social entertainment company. For enquiries, please contact DLK Advisory pr@dlkadvisory.com 22/04/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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致豐新能源與中國土木泰國公司簽署泰國新能源項目戰略合作備忘錄 共同推動泰國本地新能源產業發展

EQS via SeaPRwire.com / 2026-04-22 / 17:17 UTC+8 (香港 – 2026年 4月22日) 香港領先的工業電子零件及產品製造及銷售企業 – 致豐工業電子集團有限公司(「致豐集團」或「集團」,股份代號:1710),今日宣佈其子公司致豐新能源(廣州)有限公司(「致豐新能源」)與中國土木工程集團(泰國)有限公司(「中國土木泰國公司」)近日在泰國正式簽署《新能源項目合作備忘錄》,就共同推動泰國本地新能源產業發展達成戰略合作意向。 隨著泰國推進能源結構轉型與交通電動化進程,對綠色電力、分佈式儲能及清潔交通方案的需求持續上升。致豐新能源在新能源整體解決方案及產品研發製造方面具備專長,而中國土木泰國公司則深耕泰國市場,在綠色基礎設施及綠色園區開發領域擁有豐富項目儲備與本地資源。雙方會盡快整合優勢,共同抓住泰國及周邊國家的新能源發展機遇。根據備忘錄,雙方目前正就泰國新能源項目合作進行商務磋商,合作方式將以整合雙方優質資源、在泰國共同開發新能源產業為主。 致豐工業電子集團主席黃思齊先生表示:「中國土木泰國公司在泰國基礎設施和園區開發領域深耕多年,擁有優秀的項目資源與本地運營能力。我們希望通過本次合作備忘錄,將致豐新能源在源網荷儲一體化、新能源產品研發及本地化製造等方面的專長,與中國土木泰國公司的項目與渠道優勢緊密結合,在泰國共同打造標桿示範項目。展望未來,致豐新能源將以務實的步伐推進各項試點和標杆項目,為泰國的綠色低碳轉型貢獻力量,並為雙方創造長期穩健的合作價值。」 中國土木工程集團(泰國)有限公司鄭斌表示:「致豐新能源在新能源技術與裝備製造領域具備成熟經驗與創新能力,能為泰國市場提供具有競爭力的綠色能源與電動出行解決方案。本次簽署合作備忘錄,是雙方在泰國拓展新能源業務的重要起點。中國土木期待與致豐新能源攜手,在綠色園區、綠色校園及交通樞紐新能源配套等領域率先實現突破,逐步形成可複製、可推廣的合作模式,並在未來探索更廣泛的「一帶一路」市場協同機遇。」 - 完 – 關於致豐工業電子集團有限公司(股份代號:1710.HK) 致豐集團是香港領先的工業電子零件及產品製造商,擁有超過40年的行業經驗,專注於高品質電源產品的生產與銷售,業務涵蓋節能、醫療等關鍵領域。作為香港電子工業供應商中首家榮獲工業4.0成熟度1i級認證的企業,集團以智能化製造與創新技術為核心,為全球客戶提供高效可靠的解決方案,並成為眾多國際知名品牌的長期合作夥伴,客戶群主要遍及歐美市場。 面對全球ESG(環境、社會與治理)趨勢與零碳轉型需求,致豐集團積極佈局可持續能源領域,透過旗下自主品牌Deltrix拓展可再生能源、儲能技術及綠色基礎設施業務。市場版圖延伸至中亞與東南亞,服務範疇包括: 電動車充電解決方案 光伏儲能系統 智能電源管理系統 充電網絡基礎設施 憑藉深厚的技術積累與前瞻性的產業佈局,致豐集團持續推動綠色科技創新,致力成為全球能源轉型中的關鍵參與者,實踐企業永續發展願景。 此新聞稿由金通策略有限公司代致豐工業電子集團有限公司發布。 如有任何查詢,請聯絡: DLK Advisory 金通策略 電郵: pr@dlkadvisory.com 電話: +852 2857 7101 2026-04-22 此財經新聞稿由EQS via SeaPRwire.com轉載。本公告內容由發行人全權負責。瀏覽原文: http://www.todayir.com/tc/index.php
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Trio New Energy and China Civil Thailand Sign Strategic MOU to Jointly Develop New Energy Projects in Thailand

EQS via SeaPRwire.com / 22/04/2026 / 17:17 UTC+8 (Hong Kong – 22 April 2026) Trio Industrial Electronics Group Limited (“Trio Industrial” or the “Group”; stock code: 1710), a leading manufacturer and distributor of advanced industrial electronic components and products in Hong Kong, today announced its subsidiary, Trio New Energy (Guangzhou) Co., Ltd. (“Trio New Energy”) and China Civil Group (Thailand) Limited (“China Civil Thailand”) have recently signed a Memorandum of Understanding (“MOU”) in Thailand to establish a strategic collaboration framework for developing new energy projects in the Thai market. As Thailand accelerates its energy transition and transportation electrification, demand for green power, distributed energy storage and clean mobility solutions continues to grow. Trio New Energy brings strong capabilities in integrated new energy solutions and product manufacturing, while China Civil Thailand has an extensive track record and project pipeline in local green infrastructure and green industrial park development. The Parties will combine their respective strengths as soon as possible, capture the new energy opportunities in Thailand and surrounding countries. According to the MOU, the Parties are currently engaged in commercial discussions on new energy projects in Thailand, with a primary cooperation model of leveraging their combined quality resources to jointly develop the local new energy industry. Mr. Cecil Wong, the Chairman of Trio Industrial Electronics Group Limited said, “China Civil Group (Thailand) has deep experience and strong execution capabilities in infrastructure and park development across Thailand, with an extensive portfolio of high-quality projects. Through this MOU, we aim to combine Trio New Energy’s expertise in integrated source-grid-load-storage solutions, new energy product development and localized manufacturing with China Civil Thailand’s project resources and local operating strengths. Together, we seek to develop flagship projects in green parks, green mobility and comprehensive energy solutions that can serve as showcases for Thailand’s low-carbon transition. Looking ahead, Trio New Energy will advance pilot and benchmark projects in a pragmatic and step-by-step manner to create long-term and sustainable value for both parties.” Mr. Bin Zheng, Spokesperson of China Civil Group (Thailand) Limited mentioned, “Trio New Energy brings proven technology and manufacturing capabilities in the new energy sector, enabling competitive green energy and e-mobility solutions tailored to the Thai market. The signing of this MOU marks an important starting point for our collaboration on new energy projects in Thailand. We look forward to working closely with Trio New Energy to achieve early breakthroughs in our three initial focus areas – green industrial park , green campuses and new energy support for benchmark transportation hubs. Over time, we hope to build scalable and replicable cooperation models in Thailand and explore broader collaboration opportunities along the ‘Belt and Road’ markets.” - End - About Trio Industrial Electronics Group Limited (Stock Code: 1710.HK) Trio Group is a leading Hong Kong-based manufacturer and supplier of advanced industrial electronic components and products, with over 40 years of industry expertise. Specialising in power supply solutions, the group serves key sectors such as energy efficiency and medical electronics. As the first Hong Kong electronics supplier to achieve Industry 4.0 maturity certificate - industry 4.0 1i level. Trio Group integrates smart manufacturing and innovative technologies to deliver high-performance solutions, earning a strong reputation as a trusted partner for numerous globally recognised brands, primarily in Europe and North America. In response to the growing emphasis on ESG (Environmental, Social, and Governance) principles and the urgent demand for decarbonisation, Trio Group is strategically expanding into the renewable energy sector through its proprietary brand, Deltrix. The company is actively developing solutions in: EV charging infrastructure Solar energy storage systems Smart power management Charging network deployment With a focus on Central Asia and Southeast Asia, Trio Group is committed to advancing green technology innovation, positioning itself as a key player in the global energy transition while driving sustainable business growth. By leveraging its technical expertise and forward-looking strategies, the group continues to reinforce its role in shaping a low-carbon future. This press release is issued by DLK Advisory Limited on behalf of Trio Industrial Electronics Group Limited. For further information, please contact: DLK Advisory 金通策略 Email: pr@dlkadvisory.com Tel: +852 2857 7101 22/04/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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EQS Asia’s Newswire Service to Support Cross-Border News Distribution for Corporate Clients

EQS via SeaPRwire.com / 17/04/2026 / 11:00 UTC+8 Hong Kong - April 17, 2026 - EQS Asia today shared how its EQS via SeaPRwire.com service helps companies send corporate news to media and key audiences in other countries. As more companies grow into overseas markets, their communications teams need to work with different media, audiences, and channels in each region. Companies that communicate across borders often face these challenges: • Getting noticed by media in new and unfamiliar markets. • Making sure news reaches the right investors, media, partners, and decision-makers. • Adapting content for local languages and market needs. To address these challenges, EQS Asia offers EQS via SeaPRwire.com — a service that helps companies send announcements or news to international financial and business media, as well as professional information platforms. It delivers corporate news through the channels that international financial and business audiences use most. 1. International Media Distribution EQS via SeaPRwire.com sends news to major international financial and business media, including the Financial Times and Reuters. This helps companies build trust and raise awareness for their news in overseas markets. 2. Financial Information Platform Access News can also appear on professional platforms such as Bloomberg, Dow Jones, and Refinitiv Eikon. This puts company news in front of fund managers, analysts, traders, and other professionals who use these systems daily. 3. Multi-Market Coverage and Localized Distribution The service covers major global markets including Europe, North America, Asia, Southeast Asia, the Middle East, and Africa. Companies can choose to send news to a specific region or a single country and can also distribute in local languages to reach audiences more effectively. EQS Asia believes this service helps companies communicate more effectively across borders and become more visible in international markets. About EQS via SeaPRwire.com At EQS via SeaPRwire.com, we believe that integrity and transparency drive long-term business success. From compliance management and whistleblowing systems to ESG reporting, data privacy workflows, AI governance, and investor communications – our solutions simplify complexity and support companies in building a culture of accountability and transparency. Over 14,000 organizations across 80 countries rely on our technology and expertise to manage risk, build trust, and demonstrate compliance with confidence. Media Contact: Email: intersales.hk@eqs.com Website: https://www.eqs.com/zh-hans/ir-services/newswire/ 17/04/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Forest City’s Special Financial Zone: Why Global Capital — Including Middle Eastern Family Offices — Is Choosing Southeast Asia

EQS via SeaPRwire.com / 16/04/2026 / 15:38 UTC+8 In a world where geopolitical risk reshapes capital flows overnight, Southeast Asia offers something increasingly rare: a combination of growth and stability backed by ongoing cooperation. At the region’s southern corridor, Forest City SFZ marks where that vision gets built into infrastructure. 28 February 2026 marked the beginning of one of the most severe Middle Eastern conflict escalations in years, with far-reaching humanitarian and economic consequences. US-Israel airstrikes on Iranian cities killed the Supreme Leader Khamenei and top officials, prompting Iran to retaliate with missiles and drones against Israel and Gulf states hosting US bases. The human cost was immediate. The financial aftershocks soon followed. Dubai International Airport temporarily closed, its runways still and hallways silent. For capital that had long treated the Gulf as sanctuary, the quiet said everything as confidence in the region’s stability wavered. It was scenarios like this, disruption to established wealth corridors and the need for stability, that policymakers in Southeast Asia may have considered when designing alternative infrastructure for global capital. Chief among these initiatives is the Forest City Special Financial Zone (SFZ), a government-gazetted financial district launched on 20 September 2024 within the Johor-Singapore Special Economic Zone (JSSEZ), offering qualifying entities preferential tax rates: 0% on family office investment income (10-year exemption, extendable by a further 10 years subject to conditions), 5% corporate income tax for qualifying institutions in finance and technology, and 15% personal income tax for skilled knowledge workers. Endorsed by Malaysian Prime Minister Anwar Ibrahim and located approximately 2 km from Singapore, the SFZ is positioned as a capital-efficient base for wealth management structures seeking a proven Southeast Asian jurisdiction. As of late 2025, six single family offices have been formally approved under the SFZ framework with total assets under management (AUM) reaching RM400 million, surpassing the authority’s initial estimates. With more than 30 expressions of interest received, the government’s target for the SFZ has been set at RM2 billion in AUM by the end of 2026, reflecting strong market interest. As CNBC noted on Inside Wealth, “The Iran war has shaken Dubai’s status as a global wealth hub, as legions of expatriates scramble to escape and family offices and wealth managers reconsider their Middle East footprint.” Bloomberg News also reported that “Many of Asia’s richest families are reconsidering their exposure to Dubai as the Iran war rattles the city that has attracted billions from across the region in recent years.” Southeast Asia has long attracted capital seeking Asian growth. Today, it offers something increasingly valuable: harmony, stability, and, as it always has, an environment that invites collaboration. But for family office principals and their advisors, the question is more specific: where will capital flow next when traditional hubs face unprecedented geopolitical risk? What is Malaysia’s Forest City Special Financial Zone? Malaysia’s Forest City SFZ is the Malaysian government’s answer to that question, and to Singapore’s capacity constraints. Launched in September 2024, the SFZ offers a regulatory framework explicitly designed to complement Singapore’s ecosystem while providing distinct cost and tax advantages for qualifying single family offices and financial institutions. The February 2026 shock has accelerated a trajectory already underway. For years, capital with Gulf exposure, whether Middle Eastern in origin or internationally deployed through regional hubs, has been diversifying into Southeast Asia. Singapore stands as the primary beneficiary. By mid-2025, the city-state hosted 2,720 single family offices. The growth reflects deliberate policy: Singapore’s Variable Capital Company (VCC) framework, Global Investor Programme (GIP), 13O/13U tax incentives, and generally robust regulatory environment have made it the default Southeast Asian jurisdiction for sophisticated wealth structures. Reuters reported in March that, according to industry advisers and lawyers, there has been a major increase in clients “making enquiries or taking similar steps to move their Dubai-parked assets to the regional financial hubs of Singapore and Hong Kong.” Yet Singapore’s family office boom, while validating the regional thesis, has also created capacity constraints that benefit neighbouring jurisdictions. The numbers say it all: 2,720 or more family offices competing for talent, service providers, and premium office space in a 710 km² city-state generates upward pressure on costs. This creates natural overflow demand: family offices seeking Southeast Asian jurisdiction benefits without Singapore’s cost structure, or those requiring a secondary location for operational resilience. The question is whether alternative jurisdictions can meet the governance, regulatory, and connectivity standards that institutional capital requires. Malaysia and the Johor-Singapore Corridor: From Competition to Complementarity The answer may lie not in competing with Singapore, but in extending its promise northward, across water and into wider ground. Lower costs, greater flexibility, and proximity close enough to leverage Singapore’s infrastructure without bearing its overhead. For decades, the economic relationship between Singapore and Malaysia’s southernmost state, Johor, was defined largely by asymmetry: Singaporean capital and tourists flowing north, Malaysian workers commuting south. But over the past two years, both governments have moved from broad aspirations toward concrete policy frameworks designed to facilitate cross-border economic integration. Infrastructure to support deeper integration is already taking shape. The centrepiece of this shift is the Johor-Singapore Special Economic Zone (JSSEZ), a bilateral framework formally signed by Malaysian Prime Minister Anwar Ibrahim and Singapore Prime Minister Lawrence Wong on 7 January 2025. The agreement establishes a coordinated approach to cross-border investment, labour mobility, and infrastructure development across the causeway. At The Edge-HSBC Johor-Singapore Special Economic Zone Forum 2025, Datuk Omar Siddiq, CEO of HSBC Malaysia, observed that “the JSSEZ will help move Malaysia up the value chain” with considerable interest from Malaysia and Singapore businesses. More broadly, in April, the World Bank lifted Malaysia’s growth outlook to 4.4% despite global headwinds, citing relatively resilient macroeconomic fundamentals. Within this broader framework sits the more targeted instrument: the Special Financial Zone (SFZ), located on Forest City island at Johor’s southern tip. The SFZ represents Malaysia’s bid to capture a share of the region’s mobile wealth, offering single family offices, asset managers, and financial institutions a regulatory and tax environment distinct from the rest of the nation. More importantly, it shows that political commitment to the zone has led to enacted laws and completed infrastructure. Forest City’s residential precincts, transport links, and commercial amenities are already operational. The Tax Proposition: A Comparative Analysis The SFZ’s value proposition is clear, with a 0% tax on qualifying investment income for an initial ten years, extendable to twenty. This matches the headline rate offered by Singapore’s 13O/13U schemes and Hong Kong’s family office concessions, but with a critical difference in accessibility: a minimum requirement of only RM30 million in AUM versus Singapore’s S$20 million and Hong Kong’s HK$240 million. Jurisdiction Family Office Tax on Investment Income Corporate Tax (Standard) Minimum AUM SFO Count Forest City SFZ (Malaysia) 0% (10yr + extendable 10yr) 5% (approved entities) RM30M (~US$7.5M) 6 approved Singapore 0% (13O/13U schemes) 17% S$20M (~US$15M) 2,720 (H1 2025) Hong Kong 0% 16.5% HK$240M (~US$30M) 3,380+ (year-end 2025) For mid-market single family offices, next-generation wealth holders, and first-generation entrepreneurs formalizing multi-generational structures, Forest City eliminates the capital barrier that put Singapore and Hong Kong’s regimes out of reach. Furthermore, Singapore mandates that family offices employ at least one non-family investment professional, a compliance layer that introduces external parties into what some might prefer to keep in the family. Forest City imposes no such requirement. The logic is straightforward. Singapore as the operational hub, Forest City SFZ as the holding structure. This pairing echoes established global models. Dublin and London. Luxembourg and Frankfurt. Cayman and New York. Each combines operational depth with structural efficiency. Forest City-Singapore is the Southeast Asian version but only 2 km apart. Geographic reality makes this practical. Forest City lies approximately 40 minutes by car from Singapore’s CBD and 60 minutes from Changi Airport. The Johor Bahru-Singapore Rapid Transit System (RTS) Link, scheduled for completion in December 2026, will connect Woodlands to Bukit Chagar in five minutes, with capacity for 10,000 passengers per hour in each direction. This removes the last friction point from the dual-location model. Professionals will be able to operate across both jurisdictions on a day-to-day basis. Map showing Forest City SFZ located approximately 2 km from Singapore, within the Johor-Singapore Special Economic Zone (JSSEZ). How Do I Set Up a Family Office in Forest City? As of early 2026, six family offices have received formal approval to operate within the SFZ, with declared assets under management totalling RM400 million. Office rents in the zone have surged 267% from their pre-launch baseline, while occupancy has reached 59%. Beyond the zone itself, the broader JSSEZ framework is generating capital formation at scale: Johor attracted RM91 billion in approved investments in the first nine months of 2025. These are metrics that distinguish this from dormant special zones elsewhere in the region. The numbers, however, tell only part of the story. What matters equally is the structure of access. The Securities Commission Malaysia (SC), under guidelines updated on 9 October 2025, provides the authoritative framework for SFZ entry. Qualifying entities include single family offices, fund management companies, financial advisory firms, fintech companies (with Market Development status), and approved financial institutions. Entry points are calibrated to different profiles: Family office principals: 0% tax on qualifying investment income for 10 years (extendable to 20); RM30 million minimum AUM. The SFZ-track Malaysia My Second Home (MM2H) programme provides a structured long-stay residency pathway from RM500,000, with streamlined processing for qualifying principals. Singapore’s airport, healthcare facilities, and international schools remain within 45 minutes. Financial professionals: A 15% personal income tax rate, legislated for up to 15 years, applies to approved skilled workers within SFZ-registered entities. This covers fund managers, financial analysts, and compliance roles. JSSEZ-focused investors: The SFZ is one node within the broader Johor-Singapore Special Economic Zone, a bilateral framework with implications for real estate, infrastructure, and cross-border commerce beyond the financial sector. The framework, in short, is built for optionality. Principals seeking tax efficiency, professionals seeking career mobility, and investors seeking exposure to the broader JSSEZ corridor. For establishing a single family office in particular, the steps are clearly laid out: Confirm eligibility and required documentation based on the official Guidelines on Single Family Office Incentive Scheme, then arrange a pre-application consultation to discuss structure, asset composition, local investment strategy, and related issues. After consultation (or in parallel), establish the family office in line with key operational requirements, such as opening a bank account with a licensed institution in Malaysia. Prepare and submit documentation in line with SC requirements, including but not limited to corporate structure, official business documents, AUM breakdown, plan for hiring and expenses, and proof of local commitments. After receiving a certification from the SC, attach the certification letter together with an income tax return form and submit it to the Inland Revenue Board of Malaysia. Maintain and complete annual certification processes to confirm ongoing compliance with the scheme requirements. More details can be found on the official SC website. A Sanctuary Built on Stability and Cooperation Forest City’s proposition ultimately rests on a simple premise. Capital flows toward stability and collaboration. The SFZ is Malaysia’s bet that this stability, combined with competitive incentives and proximity to Singapore, can attract a meaningful share of mobile global wealth. Early validation is there, the infrastructure is being built, and for investors conducting due diligence, official SFZ and SC documentation is publicly accessible. What remains to be seen is whether execution will match the long-term vision. But in an era of renewed great power competition, regional conflicts, and institutional fragmentation, Forest City offers access to a corner of the world that has chosen a different path—a rare combination of harmonious stability and quiet ambition. For capital seeking not just returns, but resilience, that may prove to be the most durable one. 16/04/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Token出海:中國AI生產力出口的歷史躍遷! 迅策科技,給出中國答案

EQS via SeaPRwire.com / 2026-04-16 / 10:29 UTC+8 當全球AI產業從“訓練時代”進入“推理時代”,Token不再是藏在代碼深處的技術術語,而是進化為可計量、可定價、可跨境交易的“數字通貨”——AI時代的“新石油”。 誰掌握Token的定價權與流通權,誰就握住了AI世界的核心資源。 上市僅100天,市值突破1000億港元——被市場稱為“Token第一股”的迅策(03317.HK)用勢如破竹的市場表現,向市場傳遞:這不是簡單股價的上漲,而是一次資本市場底層邏輯的切換,是中國AI力量在全球坐標系中完成的一次深刻定義。 而這,只是開始。 在這場由Token主導的全球AI版圖重構中,迅策沒有選擇拼大模型,也沒有選擇堆算力。它選擇了一個更底層的角色——“AI世界的數字燃料供應商”。如今,它正率先啟動Token出海業務,成為中國AI數據服務走向全球的領航者。 日前,迅策宣佈與國家級深圳數據交易所簽署戰略合作協議。此次合作標誌著迅策在數據要素市場跨境與出海邁出重要一步。它意味著:中國不僅有Token,更有Token的標準、流通的規則、合規出海的通道——這是Token出海從“野蠻生長”邁向“制度化出口”的關鍵轉折。數據跨境的最大風險,從來不是技術問題,而是合規問題。 深數所作為國家級數據交易基礎設施,提供的正是這張不可複製的“數據護照”,讓迅策的Token出海有據可循、有路可走。 一、Token出海:“AI生產力出口”全面演進全球Token需求井噴。“Token出海”從一個概念,迅速演變為全球AI產業炙手可熱的賽道。 數據不會說謊。全球最大模型聚合平臺OpenRouter顯示,前十模型總Token消耗中,中國模型占比已高達61%。更令人震撼的是:該平臺47.17%的用戶來自美國,而中國開發者僅占6.01%——這意味著,海外用戶正在用真金白銀,為中國大模型投票。 國家數據局最新數據顯示,截至2026年3月,中國日均Token調用量已突破140萬億。這是什麼概念?相當於每天生成約2000億篇千字文章——全中國14億人,人均每天“消費”上百篇AI生成的千字內容。而這其中,海量Token消耗來自企業級API調用、智能體運行和模型間交互。摩根大通預測,中國AI推理Token消耗將從2025年的約10千萬億,飆升至2030年的3900千萬億,五年再漲370倍。Token出海之所以迅速“出圈”,是因為它點燃了人們對“換道超車”的集體想像。 過去,我們出口襯衫、家電、手機、新能源汽車——都是實體產品,對應的是價值鏈偏下的通用型輸出,賺的是“製造利差”。如今,Token出海,讓中國實現了從“實物出口”到“AI生產力出口”的歷史性躍遷。 這場躍遷,可以用三個歷史座標來定位:第一階段,中國出口襯衫、球鞋,價值鏈偏下,以量換匯,對應“通用Token”——計算成本低、可替代性強,拼的是規模與效率;第二階段,中國出口高端裝備、新能源汽車,價值鏈攀升,以質換溢價,對應“行業專用Token”——嵌入垂直場景,具備領域壁壘;第三階段,正在發生——中國出口AI生產力本身,以Token為計量單位,向全球輸出推理能力與智能服務,進入價值鏈頂端。Token背後,凝聚的是電力、算力、演算法與專用數據的多維積累,共同凝練出具備高附加值的“智算能力包”。中國基建,將再次驅動全球經濟增長——只是這一次,原動力單元不再是鋼筋水泥,而是Token。電力不離境,算力不出口,但AI生產力跨越國界,以數字形態完成了過去實體商品才能實現的“價值流通”。這是一次無法被關稅壁壘阻斷、無需集裝箱運輸的新型出口。 所謂Token出海,本質是中國AI以Token為核心計價與流通單位,向全球輸出推理算力與智能服務的新型數字貿易模式。它不是簡單的App出海或海外聊天工具,而是底層算力能力的直接輸出——將國內推理能力打包成Token,通過跨境API向全球收費,賺取AI世界的"跨境電費"。其核心特徵在於: 計算本地化:海外請求→國內算力→結果回傳 價值跨境化:電力留在國內,收益流向全球 計費標準化:價格僅為海外模型的1/5-1/20,但Token價值遙遙領先 合規安全化:數字服務與出口 更深遠的意義在於:Token的出現,首次解決了數據資產化的難題。數據經標準化轉化為Token後,變得可計量、可收費,完成了從“資源”到“資產”的歷史性躍遷。而中國,正以一騎絕塵之勢,在這場躍遷中定義新的全球規則。 二、中國Token出海的“護城河”:深不見底中國Token的優勢,目前只體現在三個維度: 第一,演算法效率。 MoE架構、量化技術等創新,讓單位算力的Token產出遠高於同行;第二,開源策略。 DeepSeek、Qwen等開源版本吸引了全球開發者,形成了不可逆轉的生態飛輪;第三,極致定價。國產模型API價格僅為海外同類產品的1/5-1/20——MiniMax M2.5輸入價格0.3美元/百萬Token,而Anthropic的Claude Opus 4.6高達5美元,是中國模型的16.7倍。 更關鍵的是,Token正在經歷一場“價值分層”。同樣一個Token,用來閒聊,百萬個值0.01美元;用來寫代碼,值200美元;用來做法律文檔審閱,值1000美元——價值差了十萬倍。不到5%的Token消耗,創造了超過80%的可測量價值。Token的價值不取決於它的生產成本,而取決於它被用來做什麼。 中國Token出海的真正護城河,不僅僅是成本與效率的碾壓,是以數據精煉能力,將通用Token轉化為高價值“數字資產”的能力。這不僅是賣得更便宜,更是賣得更值、定義得更高——從“世界工廠”到“世界Token工廠”。 三、合規先行:迅策手握數據跨境“通行證”2026年3月30日,全球首個推動數據發展與治理的國際組織——世界數據組織(WDO)在北京正式成立,已吸納全球40餘個國家、200餘家核心會員,覆蓋工業、金融、醫療等14個重點行業。在數據跨境流通規則尚待統一的當下,WDO的成立為中國數據企業出海提供了至關重要的多邊協調平臺。 從政策導向來看,中國數據跨境流動的核心邏輯已從過去的防守型,全面轉向價值創造型——更加注重開放、合作、發展與共贏。迅策作為中國AI即時數據基礎設施領域的代表企業,有望借助這一國際機制,加速其Token化數據服務在全球市場的落地。 此次牽手深數所,正是迅策探索Token出海的關鍵落子。根據協議,雙方將圍繞三大方向展開深度合作。第一,聯合拓寬數據要素和人工智慧創新業務,推動企業數智化轉型;第二,共建數據資產化與數據資產入表服務體系,推動數據資產化與合規化業務發展;第三,打造具身智能數據規範體系,推動具身智能數據產業發展。 深圳數據交易所定位為建設全國性數據交易平臺,探索適應數據大規模跨域流通的可行路徑、加快構建數據要素跨域、跨境流通的全國性數據交易平臺,正是深數所寫入章程的核心目標之一。 此次合作,將幫助迅策深化數據合規化與跨境數據合規的探索,加速數據資產化業務落地;有效推動企業級AI應用,拓寬多元化行業滲透;搶佔具身智能數據規範先發優勢,構築長期高競爭壁壘。 四、迅策穩步開拓海外業務,中國定義AI未來迅策扮演著最底層的“數據Token供應商”角色。公司憑藉多年沉澱的金融、電信等高質量數據,為每一次Token調用加裝了“增效器”。 迅策的商業模式正從傳統的訂閱制、交易制向Token付費模式全面升級。其核心公式清晰而暴力:收入 = Token價格 × 調用次數 × 應用模組數。 這意味著,企業收入不再取決於傳統的“客戶數量”,而取決於使用頻率、使用深度與AI滲透率——這是一個與AI使用強度直接綁定的指數型收入模型,與傳統SaaS、軟體訂閱、乃至互聯網流量模型,不在一個維度。 資本市場不是在看“現在的迅策”,而是在定價一個以Token為核心收入結構的未來。2025年,迅策實現營業收入12.85億元,同比增長103.28%,下半年經調整淨利潤達5013萬元,首次實現半年度正向盈利。其中,Token收費模式占比已達5%,預期2026年將快速提升至20%-30%。Token模式一旦跑通,將同時具備三重特徵:收入隨調用量指數增長、數據深度綁定、邊際成本極低。 三者疊加,形成典型的高毛利+高複用+高擴張能力組合。資本市場對此類模型的定價,從來不會保守。千億港元市值,只是迅策價值重估的第一個錨點。真正的定價座標,從來不該以港元衡量——它指向千億美金。 在海外佈局方面,迅策正穩步開拓海外業務,構建全球化佈局雛形,2026年海外收入占比有望突破10%。目前公司業務已從資產管理行業延伸至電信、電力、能源、城市運營、高端製造、醫療、衛星、機器人及消費等多元化領域。 結語:中國,正在Token上定義未來當中國日均Token調用量突破140萬億,當世界數據組織在北京落地,當AI推理成為新一輪全球競爭的制高點——一個時代的底層規則,正在被中國力量悄然重寫。 每一代通用技術都會催生新的制度需求:鐵路時代是反壟斷法,電力時代是公用事業監管,互聯網時代是數據隱私。Token經濟也不例外。它帶來了能耗治理、跨境流動、統計盲區等新挑戰,但制度建設的窗口從來都在技術爆發的早期。Token經濟的演進速度遠快於移動互聯網,而中國,正在第一時間給出答案。 迅策科技,這家“Token第一股”將進階成為“Token出海第一股”,正以數據基礎設施提供商的獨特身位,參與重構全球AI服務的底層規則,探索Token出海路徑,讓中國AI技術與產業優勢惠及。 2026-04-16 此財經新聞稿由EQS via SeaPRwire.com轉載。本公告內容由發行人全權負責。瀏覽原文: http://www.todayir.com/tc/index.php
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AHS Accelerates Expansion in Public Healthcare & Program Management

EQS via SeaPRwire.com / 15/04/2026 / 16:31 UTC+8 New York, NY - April 15, 2026 - (SeaPRwire) - Automated Health Systems partners with governments to administer public health programs, guided by President Dr. Moses Haregewoyn's extensive business acumen, leadership, technical systems, and service ethos, aiming to make enrollment and access smoother for all underserved residents while supporting agencies facing complex coverage demands. As trusted partners , we elevate public service by empowering government agencies with advanced technology , infrastructure, and human-centric operational support. AHS is a national health services management and works with state and local governments to help residents access public health programs, especially those serving low-income families and underserved communities. Its president, Dr. Moses Haregewoyn, has described his leadership as influenced through years of professional experience and guided by faith-informed values that influence the organization's direction. In a press statement, AHS emphasized his incredible works in public health administration and highlighted Dr. Haregewoyn's book Leadership: An Incumbent of Faith, which addresses his belief in necessary leadership as an assignment rooted in faith and moral responsibility while also driving forward the needs of any business model for the success of that agency's singular vision - a theme that mirrors how he speaks about decisions that affect vulnerable populations. Company descriptions portray Dr. Haregewoyn as engaged in projects from procurement through day-to-day operations, accessible to both clients and staff. That presence has accompanied AHS's expansion from hundreds of employees to several thousand professionals working across multiple states on public health systems and other public health efforts. The company reports that structured systems, internal technical teams, and established platforms help manage eligibility, communication, and reporting while giving residents clearer information about their options. Present and future focused, AHS positions itself as a competitive leading support organization within the public health system, managing the administrative side of programs so that agencies can reach more people with fewer obstacles. Statements from and about the company suggest that future work will continue to balance contractual and advancing technological demands with values of service, mercy, and responsibility, reflecting a belief that overall comprehensive leadership can shape how large systems respond to those who rely on public coverage.About Automated Health Systems Automated Health Systems is a specific company, primarily known for government health program administration across all 50 states , with varying revenue estimated at $1.3 Billion annually. Through state of the art and emerging technologies, internal & online digital tools, personalized attention support, and education, AHS helps agencies serve more people with clear and effective healthcare programs. Contact Information Brand: Automated Health Systems Contact: Media team Email: mosesh@automated-health.com Website: https://www.automated-health.com 15/04/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Waton Financial Marks One Year as a Listed Company with MOTA: A New Chapter in Human-AI Investment Collaboration

EQS via SeaPRwire.com / 14/04/2026 / 16:00 UTC+8 (14 April 2026, Hong Kong) One year ago, Waton Financial (NASDAQ: WTF) made its debut on the NASDAQ Stock Exchange with a clear mission: to bridge the gap between AI innovation and regulated financial infrastructure. Today, as the company celebrates its first anniversary as a listed entity, it announces MOTA—Manager of Trading Agents—a platform that represents a new paradigm in human-AI investment collaboration. Building Infrastructure First While the AI trading space has been dominated by platforms racing to launch AI features, Waton Financial took a different path. Instead of prioritizing speed to market, the company spent its first year building what matters most in financial services: regulated infrastructure. "We made a deliberate choice to build the foundation before the features," said the company in a statement. "Embedded compliance and transparent audit trails—these aren't optional add-ons. They're the foundation that makes sustainable AI-assisted trading possible." This infrastructure-first approach has positioned Waton Financial uniquely in a market where most AI trading platforms operate in regulatory gray zones. As an AI agents holding company, Waton Financial is building the ecosystem that enables sustainable, compliant AI-assisted trading. As global regulators increasingly scrutinize AI-driven financial services, companies building on solid infrastructure are poised to lead the next phase of industry evolution. Introducing MOTA: Manager of Trading Agents MOTA represents the culmination of Waton Financial's first year of work—a trading agent orchestration platform built on the company's regulated infrastructure. Unlike conventional AI trading tools that promise to "beat the market for you," MOTA is designed around a fundamental principle: AI suggests, you decide. Key features of MOTA include: •Multi-Agent Orchestration: Multiple specialized AI agents work together—each focusing on sentiment analysis, technical signals, fundamental research, or execution optimization—while human investors maintain oversight of the entire system. •Human-in-the-Loop Architecture: Every trading decision flows through human judgment. MOTA aggregates signals, provides analysis, and offers recommendations, but the investor makes the final call. •Built on Solid Infrastructure: Operating with embedded compliance, audit trails, and risk controls—accountability is not an afterthought. •Professional-Grade Tools: Designed for professional investors with actual trading experience, not retail users seeking easy returns. The Missing Conversation in AI Trading The AI trading industry has been built on a curious omission. Platforms tout model accuracy, backtest results, and alpha generation—but rarely discuss licensing, compliance frameworks, or accountability. "When was the last time you asked if your AI trading platform is licensed?" the company asks. "We all want to know the Sharpe ratio and win rate. But questions about regulatory framework and audit trails? Those conversations are conspicuously absent." MOTA is designed to change that conversation. By building on solid infrastructure from day one, the platform offers what most AI trading tools cannot: transparency, accountability, and a clear answer to the question of who is responsible when AI makes a recommendation. Navigating the Evolving Regulatory Landscape The timing of MOTA's development aligns with significant shifts in global AI regulation: •United States: The SEC is increasing scrutiny on AI-driven trading decisions, with compliance costs rising for platforms operating without clear regulatory frameworks. •Europe: MiFID II requirements now mandate explainability for AI decisions in financial services, creating challenges for black-box trading systems. •Asia: Hong Kong and Singapore are proactively building AI finance regulatory frameworks, with sandbox programs for compliant tools. "The easy money era for AI trading platforms is ending," observed industry analysts. "Companies building on solid infrastructure will have a significant head start. Everyone else will be playing catchup with regulators." What MOTA Is—and Isn't In a market saturated with "AI will make you rich" promises, Waton Financial is taking a different approach with clear positioning: MOTA IS: •An orchestration platform for multiple AI trading agents •A human-in-the-loop system where AI augments rather than replaces human judgment •Built with embedded compliance and transparent audit trails •Designed for professional investors with trading experience MOTA IS NOT: •An "AI beats the market for you" tool •A replacement for human judgment and expertise •A retail trading app for beginners •An unregulated experiment in AI trading Looking Ahead MOTA is scheduled for launch in June 2026. As Waton Financial enters its second year as a listed company, the platform represents not just a product launch but a statement about how AI and finance should intersect. "We're not claiming to have solved everything," the company noted. "But we're asking the right questions: What happens when AI makes a bad recommendation? Who's accountable? Can you audit the decision trail? These aren't philosophical questions—they're the foundation of sustainable AI-assisted trading." The boring stuff matters. Especially in finance. And that's exactly where Waton Financial is placing its bet. About Waton Financial Waton Financial (NASDAQ: WTF) is an AI agents holding company specializing in developing and orchestrating AI-powered trading solutions. Listed on the NASDAQ Stock Exchange in April 2025, the company is building the ecosystem for sustainable AI-assisted investing, serving professional investors across global markets. Media Contact: Email: ir@watonfinancial.com Website: www.watonfinancial.com Disclaimer: This press release contains forward-looking statements. Actual results may differ materially from those expressed or implied. This is not investment advice. Past performance does not guarantee future results. 14/04/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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nFuse Raises Investment from Eleven Ventures and LAUNCHub to Expand AI-Powered B2B Ordering Platform

EQS via SeaPRwire.com / 13/04/2026 / 09:53 UTC+8 SOFIA, BULGARIA - April 13, 2026 - (SeaPRwire) - nFuse, an AI-powered B2B ordering platform, founded jointly with Appolica, has recently raised an investment from two of Central and Eastern Europe's most active venture funds Eleven Ventures and LAUNCHub to accelerate expansion across Europe, the US, and emerging markets. The investment comes as rising energy costs continue to pressure physical touchpoints across the CPG distribution chain. nFuse replaces traditional B2B ordering apps with everyday messaging channels, enabling retailers to place orders via SMS, WhatsApp, and other messaging platforms without additional apps or logins, while helping sales teams and operators reclaim time for higher-value activities. The company reports retailer adoption rates exceeding 70%, compared to an industry average of approximately 15%. The funding arrives at a critical inflection point for the CPG industry. Energy costs and oil supply disruptions now ripple through up to a third of the CPG value chain - hitting manufacturing, packaging, warehousing, and last-mile distribution simultaneously. At the same time, CPG companies face pressure from the other direction: weakening consumer confidence and declining disposable incomes are compressing top-line growth across key markets. Caught between rising operational costs and slowing revenue, the industry can no longer afford to run its most basic commercial process - reordering - the human effort-led way. The $5 Trillion Channel That Digital Solutions Keep Failing Fragmented trade - the network of independent shops, kiosks, restaurants, and HoReCa operators that dominate commerce across emerging markets - represents over $5 trillion in annual value. In regions such as CESEE, Latin America, Africa, and Southeast Asia, these outlets account for the majority of FMCG sales. For CPG companies already navigating margin compression, this channel is both the largest growth opportunity and the most expensive to serve through traditional means. Despite more than a decade of investment in B2B eCommerce platforms, adoption in fragmented trade hovers around 15%. Industry analysts estimate 80–95% of B2B eCommerce projects underperform or fail outright. The platforms work technically. The retailers ignore them. "The fundamental assumption was wrong. The industry built eB2B for headquarters - for the people who wanted dashboards and data. Not for the retailer standing behind a counter who just needs to reorder beer before the weekend rush." -Stoyan Ivanov, Co-Founder and CEO, nFuse The Fix: Meet Retailers Where They Already Are nFuse was founded on a different observation. Across all markets, small retailers are already running their businesses through messaging apps - sending voice notes, photos of empty shelves, and handwritten lists via SMS, WhatsApp, or whatever app they use daily. nFuse turns that existing behavior into a confirmed order in seconds. No new app. No login. No training required. The results are materially different from what traditional platforms deliver: 70%+ retailer adoption with enterprise clients, versus an industry average of 10–15%. Revenue per outlet increases 15–30%. Deployment takes a month, not a year. Cost per order targets below $1 - a 5x to 20x reduction compared to traditional rep-based or call center ordering. For CPG brands under margin pressure, that cost delta is no longer just an efficiency gain. It is a route to profitability on outlets that were previously too expensive to serve. For brands managing distribution at scale, the model also changes the economics of reaching the long tail. Retailers who previously reordered monthly - when a sales rep happened to visit - now reorder weekly. New SKU launches reach outlets faster. And with every transaction flowing through a single channel, real-time demand signals become available across the entire network. "These retailers aren't technology-averse. They're using technology constantly. Just not the technology we kept trying to give them. They don't want another app. They want to order the same way they message their family." - Stefan Radov, Co-Founder and COO, nFuse Investor Perspective "Stoyan and Stefan know the FMCG industry inside out and have set out an ambitious task to solve the broken model of B2B e-commerce solutions. Instead of asking retailers to change their behaviour, the advancements in AI has opened a new frontier of intelligent solutions that speak their language via the channels they usually use. This unlocks enormous opportunities for brands, as the tail of the market can now be served efficiently and at scale." - Ivaylo Simov, Partner, Eleven Ventures "The B2B eCommerce graveyard is full of platforms that worked technically but failed commercially. Most portals force unnatural behavior - buyers do not want to click through SKUs and quantities. nFuse makes ordering natural again via voice, text, or image, just like speaking or texting to a sales rep. With 30 years in distribution, the founders have seen exactly where adoption fails. We backed the insight as much as the product." - Rumen Iliev, Partner, LAUNCHub Ventures What Comes Next The funding will support nFuse's expansion across Europe, with plans extending into broader EMEA and Americas markets. The company currently serves category leaders in beverages, beer, snacks, frozen food, modern nicotine, dairy, pet food, and wholesale distribution, validating the model across FMCG verticals. Beyond ordering, nFuse is building toward payments and predictive demand intelligence - letting retailers pay through the same messaging thread where they place orders, and using aggregated shelf data to generate real-time supply signals for brands. "The industry spent a decade trying to get retailers to come to us. We're just going to where they already are." - Stoyan Ivanov, Co-Founder and CEO, nFuse About nFuse nFuse is an AI-powered B2B ordering platform that enables FMCG retailers and HoReCa operators to place orders and enable two-way conversational commerce through SMS, iMessage, WhatsApp, and other messaging apps using text, voice, or images. Founded by ex-Coca-Cola executives Stoyan Ivanov and Stefan Radov - with 30+ years of combined distribution experience - the company partners with leading FMCG production and distribution enterprises across Europe and emerging markets. nFuse is backed by Eleven Ventures and LAUNCHub, and was co-founded with Appolica. Media Contact Company: nFuse Contact: Stoyan Ivanov, Co-Founder and CEO Telephone: +44 7735 302755 Email: stoyan.ivanov@nfuse.ai Website: https://nfuse.ai/ 13/04/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Token Factory Accelerates Delivery Xunce Partners with National-Level Data Exchange to Deepen Vertical Token

EQS via SeaPRwire.com / 13/04/2026 / 09:44 UTC+8 As China's daily Token consumption surpasses 140 trillion, OpenAI processes 15 billion Tokens per minute. China's Token usage grows 1,400-fold in just two years—Token, a technical term still unfamiliar two years ago, is becoming the new "kilowatt-hour" of the AI era. On April 12, Shenzhen Xunce Technology Co., Ltd. (3317. HK) signed a strategic cooperation agreement with the Shenzhen Data Exchange. At the inflection point where the Token economy is moving from concept to explosion, the signing of this agreement sends a clear signal: China's AI industry is shifting from a "model race" to a "data race", from "general-purpose Tokens" to "vertical Token refining." Xunce Technology is becoming the core "Vertical Token Factory" in this historic process. Token Economics: Why is Token the "Oil" of the AI Era? To understand the significance of this partnership, one must first understand what a Token is. A Token is the basic unit of information processed and generated by AI. You ask AI a question, consuming some Tokens; AI gives you an answer, generating some Tokens. One Token roughly corresponds to one or two Chinese characters. But the significance of Token goes far beyond being a mere "unit of measurement" ——it transforms AI into an economic resource that can be priced, traded, and even futures-traded, just as the "kilowatt-hour" gave electricity a price and the "barrel" gave oil a futures market. Jensen Huang, CEO of NVIDIA, deconstructed the AI industry into a "five-layer cake": energy, chips, infrastructure, models, and applications. The unified unit of measurement in all five layers is the Token. Huang's definition: Token is the fundamental unit of modern AI, and the language and currency of AI. Tokens are undergoing value stratification. The same Token used for casual chat is worth $0.01 per million; used for coding, it's worth $200; used for legal document review, it's worth $1,000—a difference of a hundred thousand times in value. Less than 5% of Token consumption creates over 80% of measurable value. The value of a Token is not determined by its production cost, but by what it is used for. This is the core logic of vertical Tokens. Token Supply-Demand Imbalance: General Tokens in Surplus, Vertical Tokens Scarce In March 2026, Liu Liehong, Director of the National Data Administration, officially named the Token Ciyuan and disclosed a set of data: China's daily Ciyuan call volume has exceeded 140 trillion, an increase of over 1,400 times compared to 100 billion in early 2024. Nationwide, over 100,000 high-quality datasets have been established, with a total volume exceeding 890 PB—equivalent to about 310 times the total digital resources of the National Library of China. At the same time, global Token demand is undergoing a structural inflection point: shifting from humans using AI to AI using AI by itself. The emergence of Agents has completely changed the rules of the game—it is not a chatbot, but an AI program capable of autonomously executing tasks. If an enterprise deploys 1,000 Agents, each consuming 1 million Tokens per day, that amounts to 365 billion Tokens per year, equivalent to the total consumption of all human users in a medium-sized country. Agents don't just consume Tokens; there are already experimental projects where Agents have their own accounts, autonomously take on tasks, earn income, and then use that income to purchase more Tokens. The next surge in Token demand will no longer come from humans using more, but from machines starting to consume on their own. But a deep contradiction is emerging: general Tokens are experiencing inflation, while vertical Tokens are severely scarce. Large language models can converse fluently, but once they enter vertical scenarios such as financial risk control, medical diagnosis, power dispatch, or robot control, general Tokens fall short. What enterprises truly need are vertical Tokens refined through industry knowledge. The insufficient supply of high-quality vertical data has become the core bottleneck restricting the implementation of vertical large models. Vertical Token Factory: The Core Positioning of Xunce Technology Against this backdrop, Xunce Technology's positioning as a Vertical Token Factory has emerged. If a general-purpose large model is like a power plant, then Xunce Technology is the refinery—it does not produce basic Tokens but rather refines raw data from vertical industries such as finance, telecommunications, electric power, robotics, healthcare, and commercial aerospace into vertical Tokens that large models can directly and efficiently use. With AI Data Agent at its core, Xunce Technology has built a full-chain technical system covering data acquisition, cleansing, standardization, real-time computation, and model fine-tuning. It can transform the complex, heterogeneous private data within enterprises into standardized vertical Tokens that large models can understand, invoke, and measure, all within milliseconds. In 2025, the company's revenue increased by 103% year-on-year to RMB 1.283 billion, the share of non-asset management business revenue rose to 80%, revenue per employee reached RMB 2.9 million, and ARPU jumped from RMB 2.72 million to RMB 5.59 million—behind these figures lies enterprises' genuine willingness to pay for "vertical Tokens". General Tokens are crude oil; vertical Tokens are refined oil. Xunce Technology is that refinery. Strategic Partnership with Shenzhen Data Exchange: Co-building the Standard for Vertical Tokens According to the announcement, this strategic cooperation between Xunce Technology and Shenzhen Data Exchange focuses on three main directions, essentially co-building the production standard for vertical Tokens: First, jointly expand data element and AI innovation businesses to promote enterprise digital and intelligent transformation. As a national-level data exchange, Shenzhen Data Exchange has leading expertise in data compliance circulation and assetization operations. The partnership will accelerate the journey for enterprises from data governance to AI applications. Second, co-build a data assetization and data asset entry service system. As the policy for including data assets on balance sheets is deeply implemented, enterprise data is transforming from cost to asset. Xunce's vertical Token refining capability, combined with Shenzhen Data Exchange's compliance expertise, will provide enterprises with a standardized path to turn data into assets. Third, establish a data specification system for Embodied Intelligence. This is the most forward-looking aspect. The demand for vertical Tokens from Embodied Intelligence (Physical AI) far exceeds that for large language models—robot training requires real physical interaction data; autonomous driving requires massive amounts of real-world driving data. The two parties will jointly develop a vertical Token specification system for scenarios such as intelligent robots, autonomous driving, and smart terminals, addressing the current industry bottleneck of insufficient supply of high-quality vertical Tokens for Physical AI training. The Vertical Token Factory Stands at the Center of the Next Major Opportunity Three distinct business models have emerged in the Token economy: pay-as-you-go (charge for Tokens used), monthly subscription (not charged per Token), and value-based pricing (charge based on the value created). Xunce Technology is advancing its Token-based billing model, which embodies the logic of value-based pricing. Customer Value = Price per Call × Number of Token Calls × Number of Modules Used. The price per call for vertical Tokens is much higher than for general Tokens due to their higher business value content. In 2025, the company's Token-based revenue accounted for 5%, with a target to increase it to 20%-30% in 2026. Conclusion: Xunce Technology's strategic partnership with Shenzhen Data Exchange is a micro-level manifestation of this macro-narrative. Where policy dividends, industrial demand, and technological capability converge, the Vertical Token Factory is no longer a cost center but a value engine. As the Vertical Token Factory, Xunce Technology's long-term value may have just begun to materialize. Because what is truly scarce is not the Token itself, but the ability to turn every Token into refined vertical oil. Enterprise-grade vertical Token factories and vertical models are standing at the center of the next major opportunity. 13/04/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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AIoT Smart Healthcare Megatrend Arrives Home Control Powers a New Family Health Ecosystem with a ‘Smart Home + Health & Wellness’ Dual-Engine Strategy

EQS via SeaPRwire.com / 02/04/2026 / 10:58 UTC+8 As global population aging intensifies and consumers place greater emphasis on health management in the post-pandemic era, the convergence of AIoT with healthcare has emerged as a core pillar of the next technological wave. In this blue-ocean market, poised to surpass the trillion-dollar mark, the key question lies in extending professional medical services from hospitals into home, a critical focus for the industry. Against this backdrop, Home Control International Limited (1747.HK), a leading global provider of home control solutions, is executing a forward-looking strategic transformation. While continuing to deepen its core home control business, the Group has upgraded its brand to the "Omni Devices" brand, further expanding into the healthcare sector. Home Control is not merely following a trend; it is actively reshaping the global health management value chain through its deep technological expertise. The Company's latest 2025 annual results underscore its solid growth trajectory. Full-year revenue reached approximately US$109.4 million, representing a year-on-year increase of 1.8%, demonstrating operational resilience amidst a challenging macroeconomic environment. Regionally, while maintaining a strong presence in the Europe and the U.S. (which together accounted for approximately 70.2% of total revenue), the Company is strategically expanding into high-growth emerging markets, particularly India. Notably, revenue contribution from Asia increased from 13.0% in 2024 to 24.5% in 2025. This strategic shift not only optimizes the product mix but also provides diversified momentum for the Group's future growth. Driven by strong growth in higher-margin healthcare solutions and the absence of last year’s one-off impairment provision, profit attributable to owners of the Company surged 183.3% year-on-year to US$7.1 million. Rapid Smart Home Adoption in Europe and the U.S., as Whole-Home Automation Gains Momentum The global smart home market is expanding rapidly. According to Global Market Insights, the European smart home market is projected to grow at a CAGR of 16.1% between 2026 and 2035, reaching US$150.1 billion by 2035. Meanwhile, North America, the world's largest and most mature market, accounts for nearly 40% of global growth and is rapidly shifting from standalone devices to whole-home automation. This trend is driven by two key factors. First, strong consumer demand for home security is accelerating the adoption of integrated smart security and mobile applications. Second, rising energy costs and stricter energy-efficiency regulations are significantly boosting demand for smart thermostats and lighting systems. Leveraging its extensive experience in high-quality home control solutions, Home Control upgraded its "Omni Remotes" brand to "Omni Devices" at the end of 2024. This strategic rebranding reflects the Company's evolution beyond traditional control solutions into a broader spectrum of offerings. By applying its long-established expertise in technology innovation, particularly in advanced sensing and wireless connectivity, the Company is developing tailored solutions for vertical segments, unlocking new growth drivers in the flourishing smart home market. Asia-Pacific Digital Health to Reach US$713 Billion, Strategically Targeting the Home Health Monitoring Megatrend In contrast, the Asia-Pacific region is demonstrating even stronger momentum in the digital health. Market forecasts project the sector to grow at a CAGR of 22.98% from 2025 to 2035, surpassing US$713 billion. Remote patient monitoring and telehealth are among the fastest-growing segments, driven by the accelerating aging population across Asia and the increasing prevalence of chronic diseases like diabetes and cardiovascular conditions. These trends are significantly boosting demand for home-based health monitoring devices—such as blood glucose and blood pressure monitors—as well as preventive care solutions. Simultaneously, high smartphone penetration rates and strong government support for digital health infrastructure (e.g., China's "Healthy China 2030" policy) are accelerating the adoption of medical-grade devices in the home. In 2025, Home Control broadened its presence in the healthcare sector by integrating resources with its shareholder, Meta-Wisdom Tech Limited. During the year, revenue from healthcare solutions increased from 14.4% in 2024 to 21.4% of total revenue, highlighting the initial success of its transformation strategy. To build on this momentum, the Company established Orbiva Limited, a wholly-owned subsidiary in Hong Kong, dedicated to developing AIoT-enabled home healthcare platforms, ecosystems, and health management products. On the technology front, the Group has signed a strategic memorandum of understanding (MOU) with Nanyang Technological University (NTU) to jointly develop a secure AIoT-powered healthcare platform. Additionally, Orbiva has secured an intellectual property license for an AI assisted trustworthy home-care intelligence agent system, actively promoting the development of digital twin applications and secure health management devices. By combining technology R&D, data security, and product innovation, Home Control is accelerating the development of an integrated health management solution encompassing "Devices + Platform + Services," while deepening its presence in the Southeast Asian market to capitalize on regional growth opportunities. Smart IoT Empowers Personal Health Management, Launching a Closed-Loop Ecosystem and Transforming Valuation Overall, Home Control is undergoing a profound strategic transformation. While leveraging its established smart home foundation to generate stable cash flow, the Group has also been rapidly expanding its high-growth, high-value healthcare business. Building on this foundation, the Company is constructing a comprehensive ecosystem spanning hardware, software, data, and services through strategic acquisitions, industry-academia collaborations, and diverse partnerships. As the convergence of AIoT and healthcare deepens, the Group is steadily advancing toward its goal of real-time personal health monitoring and seamless integration of online-offline healthcare management. It is also accelerating the deep integration of smart home and health & wellness scenarios. This transformation not only provides a clear and scalable path for future growth but is also expected to drive long-term value creation and a sustained re-rating of the Company's valuation. 02/04/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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AIoT智慧醫療風口來襲 Home Control 以「智慧家居+大健康」雙引擎構建家庭健康新生態

EQS via SeaPRwire.com / 2026-04-02 / 10:58 UTC+8 隨著全球人口高齡化趨勢加劇,以及後疫情時代消費者對健康管理越漸重視,AIoT(人工智慧物聯網)與醫療健康的深度融合已成為下一波科技浪潮的核心。在這個規模有望突破兆美元的藍海市場中,如何將專業醫療服務從醫院延伸至家庭場景,成為產業關注的焦點。在此趨勢下,全球領先的家居控制解決方案供應商 Home Control International Limited(1747.HK)正展現出極具前瞻性的戰略轉型。在持續深耕家居控制業務的同時,集團升級品牌為「Omni Devices」,並進一步拓展至醫療保健領域Home Control 不僅僅是在追隨風口,更憑藉其深厚的技術底蘊,積極重塑全球健康管理的價值鏈。 從最新公布的2025年業績來看,公司整體表現延續穩健增長態勢。全年收入約1.1億美元,同比增長1.8%,在宏觀環境仍具挑戰的背景下,展現出良好的經營韌性。從區域佈局來看,公司在穩固歐美市場(合共佔總收入約70.2%)的同時,亦加強拓展具強勁增長潛力的新興市場,尤其是印度。2025年亞洲市場的收入貢獻已由2024年的13.0%增長至24.5%。此策略性調整不僅優化了產品組合,更為集團未來增長提供了多元化動力。而受較高毛利的醫療保健解決方案銷售增長及無去年一次性減值撥備影響,公司歸母淨利潤大幅增長183.3%至710萬美元。 歐美智慧家居高速滲透 全屋自動化趨勢明確 全球智慧家居市場正處於快速擴張階段。Global Market Insights資料顯示,歐洲智慧家居市場在2026至2035年間以高達16.1%的複合年增長率快速增長,並有望於2035年規模將達1,501億美元;而北美作為全球最大且最成熟的市場,貢獻了全球近四成的增長。且正快速從單一設備向全屋自動化邁進。從產業趨勢觀察,智慧家居正由「單一設備」走向「全屋自動化整合」,其背後主要有兩大驅動力:一是消費者對家庭安全的高度重視,推動智慧安防與行動裝置整合應用快速普及;二是能源成本上升與節能法規趨嚴,帶動智慧溫控與照明系統需求顯著提升。Home Control憑藉其在高品質家居控制解決方案領域的深厚積累,於2024年底將「Omni Remotes」品牌升級為「Omni Devices」,這一戰略調整精准反映了其業務已由傳統控制解決方案延伸至更廣泛領域的發展願景。公司正運用其長期積累的技術創新能力,尤其是在先進感測及無線連接方面的實力,為垂直板塊開發專屬解決方案,為其在蓬勃發展的智慧家居市場中創造了新的增長曲線。 亞太數位醫療將達7,130億美元 精準卡位家庭健康監測風口 相較之下,亞洲市場則在數位醫療領域展現更強勁的爆發力。市場預測,亞太數字醫療市場預計2025至2035年的複合年增長率將高達22.98%並突破7,130億美元。其中,遠端患者監控及遠距醫療是增長最迅猛的細分領域。這一爆發式增長的背後,是亞洲人口高齡化趨勢加劇,以及糖尿病、心血管等慢性病患病率上升,大幅增加了對居家健康監測設備(如血糖、血壓監測)及預防性醫療的需求。同時,亞太地區智慧型手機普及率極高,加上各國政府(如中國的「健康中國2030」政策)大力支持數位醫療基礎建設,加速了醫療級設備走入一般家庭的趨勢。 2025年,Home Control透過與股東 Meta-Wisdom Tech Limited 的資源整合,拓寬在醫療健康領域更廣泛的佈局。年內醫療保健解決方案收入佔比已由2024年的14.4%提升至21.4%,顯示轉型策略已初見成效。為進一步推動戰略落地,集團在香港註冊成立全資子公司Orbiva Limited,專注於開發AIoT賦能的家庭醫療健康平台、生態系統及醫療健康管理產品。 技術合作方面,集團已與南洋理工大學簽署戰略諒解備忘錄,透過Orbiva共同開發安全的AIoT賦能醫療健康平台。同時,Orbiva亦取得了人工智能輔助的可信賴家庭護理智能代理系統有關的知識產權授權,積極推動數字孿生應用(digital twin)及安全健康管理設備的開發。透過整合技術研發、數據安全與產品創新,公司正加速構建涵蓋「設備+平台+服務」的一體化健康管理解決方案,並持續深化東南亞市場布局,把握區域增長紅利。 智慧物聯網賦能個人健康管理 生態閉環開啟估值重塑 整體而言,Home Control正經歷一場深刻的戰略轉型。一方面,公司依託既有智慧家居與控制技術為基礎,鞏固穩定現金流;另一方面,透過醫療健康業務的快速擴展,切入高成長、高附加價值的新興賽道。在此基礎上,公司進一步結合策略性併購、產學合作及多元夥伴關係,逐步建構涵蓋硬體、軟體、數據與服務的完整生態體系。 隨著AIoT與醫療健康的融合持續深化,集團正朝向實現即時個人健康監測與線上線下無縫銜接健康管理的目標穩步邁進,並加速推動智慧居家與大健康場景的深度融合。此一轉型不僅為公司未來成長提供清晰且具延展性的路徑,亦有望推動企業價值的長期重塑與提升。 2026-04-02 此財經新聞稿由EQS via SeaPRwire.com轉載。本公告內容由發行人全權負責。瀏覽原文: http://www.todayir.com/tc/index.php
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DPC Dash Ltd (1405.HK): Stellar Earnings, Service Consumption Tailwind Lifts the Leading Pizza Stock

EQS via SeaPRwire.com / 01/04/2026 / 14:00 UTC+8 Over the past few years, the consumer sector has witnessed repeated reshaping of market expectations. From consumption upgrading to downgrading, and from traffic-driven growth to stock competition, the market has grown increasingly discerning toward the catering industry, and is also placing greater emphasis on the sustainability of corporate growth. In a recent research report, Industrial Securities noted that boosting domestic demand is a top economic priority for 2026. China's residential service consumption has considerable room for improvement compared with overseas markets, and is expected to become a new focus of the country on the basis of further optimizing subsidies for commodity consumption. Capital allocation in the sector is at a historically low level and the overall valuation has priced in many pessimistic expectations. It is recommended to attach importance to 2026 as the first year of service consumption, and lay out the two main lines of inflation expectation recovery and segmented prosperity from a full-year perspective. Against this macro backdrop, DPC Dash Ltd ("DPC Dash" or the "Company")(1405.HK) recently released an eye-catching annual results. Despite the slowdown in the growth of the catering industry and intensified competition over the past year, which have left many players stuck in a growth bottleneck, DPC Dash has proven with data that an enterprise's resilience to navigate economic cycles never comes from empty slogans, but from solid fundamentals and sustained growth momentum. 01 Profit Quality Improves Steadily, Economies of Scale Accelerate A quick look at DPC Dash's financial report reveals impressive performance in its core metrics. In 2025, Domino's China achieved revenue of RMB 5.382 billion, a year-on-year increase of 24.8%, representing five straight years of double-digit growth; adjusted net profit reached RMB 188 million, a year-on-year surge of 43.3%; adjusted EBITDA stood at RMB 635 million, up 28.2% year-on-year; adjusted EBITDA profit margin was 11.8%, a year-on-year increase of 30 basis points. Net profit hit RMB 142 million, a substantial year-on-year surge of 157.1%. Behind this outstanding performance is the continuous consolidation of profitability at the store level. In 2025, store-level EBITDA totaled approximately RMB 1.001 billion, with a margin of 18.6%; store-level operating profit reached around RMB 740 million, maintaining a healthy operating profit margin of 13.7%. These figures send a clear signal: the Company's profit growth has moved beyond the inflection point of "turning losses into profits" and entered an upward trajectory of "sustained realization". 2024 marked a milestone as the Company achieved annual profitability for the first time, and 2025 further validated the sustainability of its business model on this basis. The revenue side maintained a high growth rate of 24.8%, and the profit growth outpaced revenue growth significantly—a typical characteristic of the materialization of economies of scale. With the expansion of the store network, fixed costs are spread thinner, driving higher marginal profits. Headquarters management expenses are also spread thinner, and supply chain and distribution efficiency is optimized as network density increases. Every seemingly minor cost improvement, multiplied by the scale of over a thousand stores, translates into tangible profit elasticity. On a deeper level, the improvement in profit quality is also driven by the optimization of store structure. In 2025, the revenue share of newly growing markets rose further. These new stores not only contributed to revenue growth but also boosted the overall profitability with their higher return on investment efficiency. At the same time, mature markets continued to generate stable cash flow through consecutive years of same-store sales growth. A dual-drive pattern of "mature markets stabilizing the core business and new markets contributing growth elasticity" has taken shape. It can be said that DPC Dash has built a self-reinforcing operating cycle: scale expansion leads to cost optimization, and such optimization in turn fuels the improvement of profitability, and the improved profitability provides financial support for a new round of expansion. 02 Store Milestone Achieved, 4D Strategy Powers the Growth Flywheel The core keyword for DPC Dash's 2025 results can be summarized as resilience. This resilience is not a short-term earnings surge, but a sustainable growth capability built on economies of scale, digital barriers and brand moats. The Company's "4D Strategy" anchored its full-year operations, encompassing high-quality store Development, Delicious Pizza at Value, efficient Delivery experience, and advanced Digital capabilities. These four pillars work in lockstep to accelerate the growth flywheel. a. Store Network Achieves Growth in Both Quantity and Quality In 2025, DPC Dash continued its expansion strategy of "deepening and expanding market reach", with a net increase of 307 stores throughout the year, successfully meeting its annual store opening target. By the end of the year, the total number of stores reached 1,315, covering 60 cities. Entering 2026, the pace of expansion has further accelerated, with 62 new stores opening in 46 cities nationwide on New Year's Day alone, including 8 cities where the brand entered those markets for the first time. What is more noteworthy than the number itself is the performance of the new stores. Most of the newly opened stores are located in non-first-tier cities, yet their growth momentum has been nothing short of stunning. In October 2025, the first store in Xuzhou recorded a daily turnover of over RMB 680,000 on its opening day. The first store in Dalian, which opened on New Year's Day 2026, further refreshed this record to RMB 700,000. As of January 31, 2026, the Company occupied the entire top 50 slots in Domino’s global ranking of first-30-day sales across its network of over 22,000 stores worldwide. Clearly, the Company's store location selection is not a matter of luck, but a data-driven model. Every new store opening is backed by scientific, data-driven decision-making, from the analysis of urban tier characteristics and the measurement of business district traffic, to the control of rental costs and the design of delivery radii. "Deepening and expanding market reach" is not blind expansion, but a steady territorial expansion based on a replicable single-store model. b. Expanding Member Ecosystem, Digital Strategy Builds Core Barriers As of the end of 2025, the scale of DPC Dash's “loyalty program” exceeded 35.6 million, with a net increase of over 11 million members and more than 15 million new first-time users throughout the year. The value of these figures lies in the closed data loop. The Company's digitalization has integrated the full customer journey of "ordering-production-delivery-repeat purchase". The accumulated user portrait data can feed back into product research and development and marketing strategies, with data supporting decisions such as which cities to launch new products in, what promotions to match, and when to prioritize sales. This digital asset is not something competitors can replicate in the short term. It is not a purchasable system, but a collection of user insights and operational methodologies accumulated over the years. At a time when traffic costs are rising steadily, DPC Dash, with a private domain user base of 35 million, has built its own brand moat. c. Simultaneous Product Innovation and Precision Marketing On the product front, DPC Dash maintained a high-frequency iteration pace of innovation. Throughout 2025, the Company launched a new product every 6 to 12 weeks, introducing a number of new pizzas that blend regional flavors with global inspiration, and also upgraded classic products with "more portions without extra cost". From Sicilian-style to Madrid-style pizzas, braised beef brisket with prawns to black truffle & mushroom, each new product enriches the product portfolio while reinforcing the brand’s value-for-money positioning. This continuous product renewal not only meets consumers' pursuit of novelty but also solidifies the foundation for repeat purchases. In terms of marketing, the Company accurately seized major consumer nodes throughout the year, launching Halloween-themed limited editions, Spring Festival promotions, and cross-border collaborations with popular IPs such as Sanrio. With coordinated online and offline efforts, it successfully reached the young consumer group. Meanwhile, classic promotional activities such as "Buy One Get One Free Super Week" returned regularly, providing consumers with a variety of choices. The simultaneous increase in brand exposure and sales conversion attests to the effectiveness of its marketing strategy. 03 The Expectation Gap in An Era of Differentiation Among Consumer Stocks Currently, the investment logic of the consumer sector is undergoing profound changes. In the past, "choosing the right track meant success for anyone", but now "investors are scrupulously picking alpha opportunities". In this differentiated environment, what underappreciated advantages support DPC Dash? Expectation Gap 1: Pizza’s Inherent Anti-Cyclicality in China The coexistence of consumption downgrading and upgrading may sound contradictory, but it is the real picture of China's current consumer market. Consumers in first-tier cities may be more budget-conscious, while consumption upgrading in lower-tier markets is just beginning. The uniqueness of the pizza category lies in its dual attributes: it combines everyday convenience with social dining appeal. It works as a RMB 30 quick meal and a presentable RMB 80 treat. This flexible positioning gives pizza unusual resilience in a split consumer landscape. When the catering sector faces pressure, its essential, everyday appeal provides a defensive cushion; when consumer confidence recovers, its experiential attribute releases growth elasticity. The market is accustomed to simply categorizing pizza as "Western fast food", but overlooks its cross-tier pricing appeal. This inherent advantage of the category is the underlying logic for DPC Dash to navigate economic cycles. Expectation Gap 2: Accelerating Economies of Scale Beyond 1,000 Stores Many view economies of scale as linear, assuming that a 10% increase in the number of stores will lead to a corresponding percentage drop in costs. In reality, economies of scale are released in a cumulative and accelerating manner. When store density reaches a certain level, cost efficiency improves at a steepening rate. The 1,000-store mark is a critical threshold. Crossing this threshold brings qualitative changes in procurement bargaining power, distribution network efficiency and brand recognition. With the further increase in store network density and optimization of operational efficiency, the scale dividends on the supply chain side are also expected to be further released. Of course, the pace of opening about 300 stores per year means the Company is still in the expansion and investment phase, which requires continuous resource input for the cultivation of new markets and the growth of new stores. But the key is to look at the trend: as the number of stores increases, the fixed component of the single-store cost model will be diluted further; as store density rises, the efficiency of the distribution network will improve. This process does not happen overnight, but the direction is clear. It is foreseeable that as new stores gradually move beyond the cultivation period and enter the mature stage, the improvement in profitability will be gradually reflected in the financial statements. This gradual but definite improvement is the expectation gap that the market has not yet fully digested. Expectation Gap 3: Digital Assets Underappreciated in Valuation System of Consumer Stocks When valuing catering stocks, the market is used to looking at PE ratios, store numbers and same-store sales growth. However, DPC Dash's digital assets, from 35.6 million member data to order forecasting algorithms and delivery route optimization systems, are underappreciated in conventional valuation frameworks. Digitalization is not a cost center, but a catalyst for higher valuation. A catering enterprise with a large private domain user pool and the ability to accurately reach and operate users has an incomparable long-term value compared with enterprises that rely solely on third-party platform traffic. As the market gradually recognizes the competitive barriers built by this set of digital assets, the valuation system of DPC Dash is expected to face a re-rating. Expectation Gap 4: Premium Brand Benefits in Lower-Tier Markets Top Western brands are still in short supply in lower-tier markets. When young people in a county want to eat authentic pizza for the first time, they often have limited choices. At this time, the emergence of Domino's is not consumption downgrading, but a catch-up opportunity for consumption upgrading. The queuing phenomenon at the first stores in more than a dozen new cities entered in 2025 is the best testament to this. Behind this explosive growth is the dimension reduction impact of Domino's global brand momentum. According to the "RESTAURANTS 25 2025" released by Brand Finance, Domino's ranked seventh with a brand value of US$6.69 billion, firmly securing a spot in the world's top 10 most valuable restaurant brands. For consumers in lower-tier markets, the recognition and trust in international top brands exceed expectations. This brand endorsement is an advantage that local brands can hardly replicate. From this perspective, the story of the pizza track in China is far from over. First and second-tier markets compete on density and efficiency, while lower-tier markets compete on the first-mover brand perception. DPC Dash happens to stand at the intersection of these two tracks. Therefore, for DPC Dash, sinking to lower-tier markets is not a move downmarket, but an in-depth expansion into a blue ocean market. 04 Conclusion Looking back at the full year of 2025, DPC Dash's economies of scale are being released at an accelerated pace. This is not a simple extensive expansion, but a sustainable snowball-like growth model. When the brand has a solid foundation and the market space is broad enough, growth momentum can be continuously accumulated. While the market is still debating the strength of consumption recovery, DPC Dash has proven with its brilliant financial report that solid fundamentals are the most reliable anchor through economic cycles. Of course, DPC Dash is not without challenges. Balancing the speed of expansion and the quality of single stores is a technical task amid rapid expansion. Entering new cities means continuous investment, and the early cultivation period may bring short-term fluctuations. The decline in the proportion of delivery revenue in some new stores will also affect the average transaction value. These are the normal costs associated with expansion, but such investment and layout are for the long term. Crucially, the Company has established a presence in only 60 cities to date, leaving massive untapped potential. Meanwhile, it supports the opening of around 300 new stores annually through internal cash generation, without increasing debt or depleting cash reserves—a level of financial stability rarely seen in the current catering industry. It is important to note the brand value of Domino's—ranking among the world's top 10 restaurant brands is a moat built over decades. DPC Dash's localized operation capabilities have also been verified: a sustained and strong expansion momentum, new stores in emerging markets repeatedly breaking sales records, a member base exceeding 35.6 million, four consecutive years of being awarded the "Best Employer" by Mercer, and the first "Star Employer" award by Mercer China in 2025. What the market needs is a telescope for long-termism, not a microscope for short-term fluctuations. 01/04/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Cornerstone Technologies ’s JV Spark EV Join Hands with China Southern Power Grid to Open Up New Chapter for Electric Vehicles Charging in Southeast Asia

EQS via SeaPRwire.com / 31/03/2026 / 23:36 UTC+8 Cornerstone Technologies ’s JV Spark EV Join Hands with China Southern Power Grid to Open Up New Chapter for Electric Vehicles Charging in Southeast Asia Since late February 2026, escalating geopolitical tensions in the Middle East have disrupted logistics services through the Strait of Hormuz, severely impacting the global crude oil supply chain, with international oil prices remained volatile at relatively high levels. On March 9, WTI crude briefly touched USD119.48 per barrel, while Brent approached USD120 per barrel—marking the highest levels in nearly four years. Thailand’s retail fuel prices also saw a 20% increase last week. Rising fuel costs not only directly increase the usage cost for traditional ICE vehicles, but also accelerate the global transition toward electric vehicles. According to data from Mordor Intelligence, the ASEAN electric vehicle market is projected to reach USD5.99 billion in 2026, surpassing USD 23.5 billion by 2031 with a compound annual growth rate (CAGR) exceeding 30%. Thailand, leveraging its robust manufacturing clusters and government incentive policies, saw domestic EV sales grow by 40% in 2025, capturing a remarkable 39% market share within the regional market. The upward momentum also continued in 2026, with EV sales reaching 38,000 units in the first two months alone. At this pace, annual sales could exceed 200,000 units in 2026, underscoring Thailand’s steadily rising EV penetration rate, which in turn, further drive the demand for corresponding charging infrastructure. Seeing the vast market opportunities in ASEAN, Cornerstone Technologies Holdings Limited’s joint venture, Spark EV Company Limited (“Spark EV”) has entered into a memorandum of understanding with China Southern Power Grid Lancang-Mekong International Co., Ltd (“CSG-LMI”) on March 25. The two parties will jointly advance Spark EV’s expansion in the Thailand market, aiming to install more than 1,000 charging stations nationwide to strengthen its competitive edge and enhance network efficiency. As a leading charging service provider, Cornerstone Technologies has established a comprehensive business presence in Hong Kong, covering private residential charging subscription services (Cornerstone HOME) and public charging networks (Cornerstone GO). The former provides monthly subscription-based private charging services for residential buildings, with more than 1,200 users currently enrolled; the latter operates Hong Kong’s largest and most utilized public EV charging network, already in operation across 120 car parks, totaling over 1,900 charging points with more than 87,000 members. Beyond the Hong Kong market, Cornerstone Technologies is also actively expanding its overseas business through Spark EV, with overseas revenue projected to increase by nearly 70% by 2025. Spark EV has already gained a significant first-mover advantage in Thailand, having partnered with Bangchak Corporation Public Company Limited ("Bangchak") to operate over 240 charging stations with more than 175,000 members. Bangchak is one of Thailand's two largest energy companies, with 2,214 service stations across the country. Leveraging its nationwide energy retail network and strategic positioning in promoting green energy transformation, Bangchak provides strong support for Spark EV's charging business in Thailand. Meanwhile, CSG-LMI is a subsidiary of China Southern Power Grid Co., Ltd. (“CSG”) As one of China's two largest power grid enterprises, CSG has an annual revenue exceeding RMB800 billion and operates over 100,000 charging stations nationwide. This partnership between Cornerstone Technologies and CSG-LMI is expected to further accelerate its business development in Thailand. CSG-LMI brings unparalleled technical expertise in grid stability and smart grid management. The partnership is expected to provide Spark EV with enhanced technical efficiency in connecting ultra-fast chargers to the local power grid, along with superior operational reliability. Driven by the introduction of the EV 3.5 incentive scheme and the “30@30” target (30% of domestic vehicle production to be zero-emission by 2030), Thailand is expected to become the fastest-growing EV market in Southeast Asia, generating substantial demand for charging infrastructure. Hencd, Spark EV will be well-positioned to further consolidate its market leadership by leveraging a more efficient network and greater cost-effectiveness, thereby attracting more users and increasing overall network utilization. According to the announcement, following their success in Thailand, the two parties also intend to expand cooperation to other countries within the Lancang-Mekong sub-region, particularly those with higher EV penetration rates and strong growth potential in charging infrastructure. These include Malaysia, Indonesia, Cambodia, Laos PDR, Myanmar, and Vietnam. As a result, the synergies between the two parties are expected to continue to unfold, injecting new momentum into the electric vehicle industry across Southeast Asia. With the steadily expanding scale of its charging business, Cornerstone Technologies is well-positioned to generate stable revenue and recurring cash flow from charging fees. Given the relatively high gross profit margin of the charging business, the Company’s revenue mix is expected to improve significantly, driving overall profitability and breakeven performance. This strategic partnership not only supports the wider adoption of EVs in the region but also provides Cornerstone Technologies with a solid foundation to enhance profitability and establish long-term growth drivers. Looking ahead, the collaboration is expected to become an important milestone in advancing regional energy transition and green mobility development, opening up a new chapter for the EV landscape in Southeast Asia. 31/03/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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基石科技旗下Spark EV攜手中國南方電網,點亮東南亞電動車新版圖

EQS via SeaPRwire.com / 2026-03-31 / 23:36 UTC+8 基石科技旗下Spark EV攜手中國南方電網,點亮東南亞電動車新版圖 自2026年2月底以來,中東地緣局勢升溫導致霍爾木茲海峽物流服務中斷,全球原油供應鏈亦因而受到極大影響,國際油價維持高位震盪。3月9日WTI原油一度觸及119.48美元/桶,布倫特接近120美元/桶,創下近四年來新高。泰國零售油價也在上週上調了20%,燃油成本持續攀升不但直接推高了傳統燃油車的出行成本,同時也加速了電動車的全球轉型。據Mordor Intelligence資料顯示,東盟電動車市場規模預計在2026年達到59.9億美元,至2031年將突破235億美元,年複合增長率超過30%。其中,泰國憑藉穩固的製造業集群布局及政府激勵政策,2025年國內電動車銷量增長達40%,佔區內市場份額高達39%。2026年亦繼續維持升勢,首兩月的電動車銷量達38,000輛;若以這一速度估算,全年銷量或超過200,000輛,可見泰國電動車滲透率預期將持續攀升,這亦推動了相應的充電基礎設施需求。 眼見東盟的廣闊市場機遇,基石科技控股有限公司旗下聯營公司Spark EV Company Limited (「Spark EV」)亦於3月25日與南方電網瀾湄國際能源有限責任公司(「南網瀾湄國際」)簽署合作備忘錄,雙方將共同推進 Spark EV在泰國市場的業務布局,透過在當地安裝超過1,000個充電站,建立更強大的競爭優勢,發揮更大的網絡效益。 作為領先的充電服務供應商,基石科技已於香港建立完善的業務布局,服務涵蓋私人住宅充電訂閱服務(Cornerstone HOME)和公共充電網絡(Cornerstone GO)。前者專為住宅樓宇提供月繳式私人充電服務,目前使用者已超過1,200名;後者則負責營運香港規模最大、使用率最高的公共電動車充電網絡,現時網絡覆蓋超過120個停車場,總充電點數超過1,900個,會員人數更突破87,000名用戶。 香港市場以外,基石科技亦透過Spark EV積極拓展海外市場業務,基石科技2025年的海外收入大升接近70%。其中,Spark EV在泰國已取得了明顯先發優勢,透過與Bangchak Corporation Public Company Limited (「 Bangchak」)達成合作,現已有超過240個充電站正式投入營運,會員數已超過17萬5千。Bangchak是泰國兩大能源企業之一,在泰國已擁有2,214個服務站施。憑藉其遍布全國的能源零售網絡以及推動綠色能源轉型的戰略定位,Bangchak為Spark EV在泰國的充電業務提供了強大支持。 南網瀾湄國際為南方電網公司的子公司。南方電網公司作為國內兩大電網公司, 年收入超過8000億,在國內擁有超過10萬支充電樁。是次基石科技與南方電網瀾湄國際達成合作,預期將進一步加快其泰國業務發展。南網瀾湄國際在電網穩定性和智慧電網管理方面擁有出眾的技術專長。雙方合作可望提升Spark EV把超快充電樁連接至本地電網的技術水平及執行效率,繼而大大提升其網絡可靠性。隨著泰國在電動車3.5激勵計劃和「30@30」目標(即至2030年,國內30%的汽車產量為零排放車)的驅動下,該國預期將成為東南亞增長最快的電動車市場,衍生出龐大的充電需求。Spark EV有望進一步鞏固其市場領先地位,以更高效網絡及更高成本效益,獲取更多用戶,並提升網絡使用率。 根據公告顯示,雙方在泰國取得成功後,亦有意在瀾湄次區域中的其他國家展開合作,特別是針對一些電動車滲透率較高、電動車充電基礎設施增長潛力較大的國家,當中包括馬來西亞、印尼、柬埔寨、老撾、緬甸及越南等地。因此,預期雙方的協同效應將不斷釋放,為東南亞電動車產業注入新動能。 隨著充電業務規模不斷擴大,基石科技有望取得更穩定的充電費收入及經常性現金流。考慮到該業務的較高毛利表現,其收入結構亦將取得顯著改善,帶動集團整體盈利表現,加快其扭虧為盈步伐。由此可見,是次強強聯手不僅有助推動區內電動車普及,也為基石科技提升利潤水平、引入長期增長點提供了堅實支撐。未來,這一合作有望成為推動區域能源轉型與綠色交通發展的重要里程碑,點亮東南亞電動車新版圖。 2026-03-31 此財經新聞稿由EQS via SeaPRwire.com轉載。本公告內容由發行人全權負責。瀏覽原文: http://www.todayir.com/tc/index.php
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