IP Go-Global Business Matching Session held in Guangzhou ACN Newswire

IP Go-Global Business Matching Session held in Guangzhou

HONG KONG, Jun 26, 2026 - (ACN Newswire via SeaPRwire.com) - The IP Go-Global Business Matching Session, jointly organised by the Intellectual Property Department of the Hong Kong Special Administrative Region (HKSAR) and the Guangdong Administration for Market Regulation (Guangdong Intellectual Property Administration), co-organised by the Hong Kong Trade Development Council (HKTDC) and the Intellectual Property Office of Guangzhou Development District, and supported by the Hong Kong Economic and Trade Office in Guangdong, was held today at Science City in Guangzhou.The event arranged some 50 one-to-one business matching meetings between Guangdong enterprises and Hong Kong IP service providers. It also featured a networking luncheon and a thematic seminar which attracted more than 150 industry participants. The event is aimed at helping Chinese Mainland enterprises expand into international markets by leveraging Hong Kong as their primary launchpad and enhancing Guangdong-Hong Kong collaboration in the intellectual property field and strengthening global competitiveness.In December 2025, the HKTDC and the HKSAR Government jointly organised the 15th Business of IP Asia Forum. A dedicated “IP Go-Global Business Matching Session” was hosted during that forum. Building on the success of last year’s forum, this event serves as one of the key initiatives under the Guangdong-Hong Kong cooperation framework, further reinforcing Hong Kong’s unique role as a “super connector” and “super value-adder” in overall national development.Peter Wong, HKTDC’s Regional Director of Southern China said: “Against the backdrop of the country’s proactive promotion of expansion and its emphasis on high-quality development under the 15th Five-Year Plan, enterprises in Guangdong are actively expanding into overseas markets, driving sustained demand for internationally oriented IP services—particularly in overseas IP protection and dispute resolution. Hong Kong’s legal and intellectual property system aligns with international standards, and with its well-established professional services sector, Hong Kong is positioned to provide value-added, comprehensive support to Mainland enterprises. This enables them to effectively protect their innovations, mitigate operational risks, enhance overall competitiveness, and achieve global expansion.”David Wong, Director of Intellectual Property of the HKSAR Government said: “In the latest World Competitiveness Yearbook 2026, Hong Kong's global competitiveness has risen to second globally. Hong Kong is equipped with the unique advantages of the ‘one country, two systems’ principle, a sound common law system, an international business environment and world-class professional services, and is an ideal platform for Mainland enterprises to expand into overseas markets."The event brought together government representatives, enterprises, and IP professionals from both Guangdong and Hong Kong. Among them was a delegation of around 20 representatives nominated by associations of IP practitioners, including the Asian Patent Attorneys Association Hong Kong Group (APAA), the Hong Kong Chinese Patent Attorneys Association (HKCPAA), the Hong Kong Institute of Patent Practitioners Ltd (HIPP), the Hong Kong Institute of Trade Mark Practitioners (HKITMP), and The Law Society of Hong Kong (Intellectual Property Committee). Their participation in the event highlights Hong Kong’s strengths in international legal and professional services, and consolidates its role as a strategic platform for Mainland enterprises seeking to expand globally.Facilitating some 50 one-to-one business matching sessions between Guangdong enterprises and Hong Kong IP professionals, the event focused on aligning with practical needs, promoting direct exchanges between Guangdong’s innovation & technology, cultural and creative enterprises, and Hong Kong’s IP service providers. The initiative serves a dual purpose: to better understand the key needs of Guangdong enterprises in their global expansion efforts, and to showcase Hong Kong’s diverse IP professional services. The business matching arrangements are designed to enhance collaboration outcomes by establishing a regular exchange and matching platform, strengthening cooperation between the two places in IP protection, utilisation and services, promoting regional innovation and industrial upgrading, and fostering long-term partnerships.In addition to the business matching sessions, the thematic seminar covered key issues related to global expansion, including IP risk management, cross-border dispute resolution, global patent portfolio strategies, and international development approaches. It also introduced Hong Kong’s favourable business environment and relevant support policies, providing forward-looking and practical insights to help enterprises achieve steady growth amid a complex and evolving global landscape.The HKTDC will continue to work closely with stakeholders to promote more cross-border exchange and cooperation platforms, facilitate complementary advantages between Hong Kong and the Mainland in professional services, further strengthen Hong Kong’s position as a regional IP trading centre, and support enterprises in seizing opportunities and expanding internationally.Photo download: https://bit.ly/3R3WisLThe IP Go-Global Business Matching Business Session arranged some 50 one-to-one business matching meetings between Guangdong enterprises and Hong Kong IP service providers.The IP Go-Global Business Matching Business Session featured a networking luncheon and a thematic seminar, with the seminar covering key issues encountered by enterprises in the process of global expansion. Media enquiriesHKTDC’s Communications & Public Affairs DepartmentKaty WongTel: (852) 2584 4524Email: katy.ky.wong@hktdc.org About HKTDCThe Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on @hktdc and LinkedIn Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
More

KEYTOP PARKING INC. Officially Lists on the Main Board of Hong Kong Stock Exchange

HONG KONG, Jun 26, 2026 - (ACN Newswire via SeaPRwire.com) - KEYTOP PARKING INC. (“Keytop” or the “Company”, Stock Code: 2272.HK) announces that its shares have commenced trading on the Main Board of Hong Kong Stock Exchange under the stock code “2272.HK”. Under the Global Offering, a total of 10,112,280 H Shares were offered, comprising 10.00% Hong Kong Public Offer Shares and 90.00% International Placing Shares. The final Offer Price was set at HK$39.55 per H Share, with each board lot consisting of 60 H Shares. The net proceeds raised from the Global Offering amounted to approximately HK$340 million.Shares of the Company were actively traded on the first day of listing, with an intraday high of HK$122.8 per Share, and intraday low of HK$110.1 per Share as of press time. As of press time, the intraday high reflected an increase of approximately 210.5% relative to the offer price of HK$39.55 per share. Total trading volume as of press time was approximately 1.56 million shares, representing an aggregate turnover of approximately HK$175 million.As a leading smart parking space operator in China, Keytop is dedicated to driving the digital transformation of urban parking sectors. Established in 2006, Keytop has built three core business segments: smart parking systems, smart parking management services, and parking facility and platform operations, forming a comprehensive service ecosystem covering the entire smart parking industrial chain. According to an industry report issued by CIC Consulting, Keytop ranks No.2 in China’s smart parking space operation industry measured by revenue in 2024. As at the end of 2025, Keytop has delivered integrated services to more than 30,000 parking lots nationwide. Drawing on decades of on-the-ground industry experience, proprietary R&D capabilities and refined operational expertise, Keytop caters to the upgrading demands of urban static traffic and continuously spearheads technological and operational innovation across the sector.Leveraging cutting-edge digital technologies including AIoT and cloud computing, Keytop facilitates the full-scale digital upgrading of urban traffic and parking scenarios nationwide. Its business footprint covers diversified parking venues such as large commercial complexes, office buildings, residential communities, public facilities, hotels, scenic spots, schools, hospitals and logistics parks. Keytop operates an integrated full-stack business model underpinned by the synergy of its three core divisions, creating a closed-loop commercial ecosystem featuring “technology monetisation, service fees and operational value-added income”. This diversified portfolio effectively mitigates industrial cyclical fluctuations and underpins stable and sustainable growth.With nearly two decades of deep cultivation in the smart parking industry, Keytop has consistently led technological iteration and delivered multiple industry-first innovations. Its landmark developments include pioneering LED parking space indicators and video-based ticketless payment systems, followed by the launch of Yongce Pro, the first smart parking operation system in the industry in 2023. Through AI technology, Keytop has reshaped the traditional parking industry and steered the sector’s transition from manual on-site management to fully automated AI-driven operations. As at the end of 2025, Keytop’s business has expanded to over 60 countries and regions worldwide, serving more than 300 million vehicles cumulatively. Based on 2024 revenue metrics, Keytop is the second-largest smart parking space operator in China with a market share of 3.3% and retains the top position in large-scale commercial deployment of AI technologies within the industry.Keytop’s clear business layout, steady profitability and promising growth prospects have garnered widespread recognition and backing from capital market institutions. The IPO was jointly sponsored by CICC Hong Kong Securities Limited and CMBC International Limited. Prior to the listing, Keytop secured strategic investments from renowned industrial capital and venture capital institutions including Tencent and Hongtai Zhiying Equity Investment Center. Dual recognition from top-tier investment banks and star investors fully validates the capital market’s high regard for Keytop’s consistent and robust profitability, industry-leading AI technological moat and long-term growth potential.For its future development roadmap, Keytop intends to allocate the net proceeds from the Global Offering to four core areas. First, scale up R&D investment in underlying core technologies such as AI image recognition and cloud-native parking platforms, recruit high-calibre R&D talents and further strengthen overall technical capabilities. Second, deepen the parking facility and platform operations business, drive intelligent upgrading of existing parking facilities and increase the operational scale. Third, extend marketing and service networks and further explore global expansion opportunities. Fourth, supplement working capital and cover general corporate expenses.The listing on the Hong Kong Stock Exchange marks a pivotal milestone and a brand-new starting point for Keytop. Supported by the international capital market, Keytop will continue to focus on the core track of AI smart parking, iteratively upgrade core algorithms and intelligent operation systems, and accelerate market penetration across domestic cities and global expansion. It will address urban parking pain points through digital and intelligent solutions, advance the high-quality development of urban traffic, and strive to become a world-leading integrated service provider of AI smart parking solutions. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
More
XJTLU Strengthens Presence in Indonesia, Offers Double Degrees and Global Career Pathways ACN Newswire

XJTLU Strengthens Presence in Indonesia, Offers Double Degrees and Global Career Pathways

JAKARTA, June 26, 2026 - (ACN Newswire via SeaPRwire.com) - Xi’an Jiaotong-Liverpool University (XJTLU), an international joint venture university established through a collaboration between Xi’an Jiaotong University (China) and the University of Liverpool (UK), continues to strengthen its position as a leading global higher education institution, particularly in the Indonesian market.From left: Dr Joseph Seet, Dr Foedjiawati, Professor Youmin Xi, Dr Pietro Borsano, Huajie Gui, and Ivonne AdyIndonesia has emerged as XJTLU’s largest international market, with approximately 700 Indonesian students currently enrolled. For the upcoming September intake, undergraduate applications from Indonesia have reached over 1,500, accounting for around 38% of total international applications.“Currently, XJTLU has faculty members from more than 60 different countries and regions around the world. Our students also come from nearly 100 different countries and regions, creating a campus environment where they are well accustomed to a diverse, multicultural atmosphere, ”said Professor Youmin Xi, Executive President of XJTLU, at a Media Discussion held at DoubleTree Hotel Kemayoran, Jakarta, on Wednesday, 24 June 2026.Professor Xi added, “Our educational model focuses on how we can help students grow with agile thinking and a strong sense of wisdom. They are encouraged to develop a wide range of skills and to collaborate in advancing knowledge. We also support them in cultivating wisdom—the ability to think deeply and act wisely—by integrating knowledge from both Western and Eastern perspectives.”Currently, XJTLU offers more than 100 degree programmes across disciplines, including science, engineering, business, finance, architecture, urban planning, languages, and culture. All programmes are delivered in English, except for general and foundational courses. Undergraduate students graduate with two degrees: an XJTLU degree recognised by China’s Ministry of Education and a globally recognised degree from the University of Liverpool. Postgraduate students are awarded degrees from the University of Liverpool, which is also recognised by the Ministry of Education. All academic departments at XJTLU also offer PhD programmes, supporting the University’s vision to become a research-led international university in China with a distinctive global reputation.Meanwhile, an alumni representative, Tuty Julfa shared her experience studying at XJTLU, saying, “I feel very fortunate to have studied at XJTLU, primarily because it not only strengthened my hard skills but also developed the soft skills essential for my career growth. It’s not just about academics, but also about interpersonal skills and how we cultivate perseverance and resilience. These may seem like simple things, but they play a crucial role in shaping who I am today,” explained Tuty, who is now running a business in the fashion retail sector.As part of its international expansion strategy, XJTLU established its official representative office in Indonesia in 2024. This presence has played a key role in strengthening relationships with prospective students, academic partners, and other stakeholders. In June this year, XJTLU further expanded its recruitment team in Indonesia to enhance services and outreach.XJTLU has also built partnerships with leading educational institutions in Indonesia, including Binus University, Universitas Indonesia, Institut Teknologi Bandung, and Petra Christian University Surabaya. In addition, collaborations extend to education agencies as well as local and international schools.With strong growth momentum in Indonesia, XJTLU continues to reinforce its role as a global gateway for young talents seeking world-class education and international career opportunities.“This year marks the 20th anniversary of our university. The future world requires new pillars—individuals who are able to work alongside AI. From the first year, our students are introduced to what AI is, how to use it, and the ethics surrounding it. In the second year, they begin learning how to apply AI appropriately in subjects such as Mathematics, Engineering, and the Social Sciences. By the third year, they are supported by AI in conducting research to deepen their understanding. We use AI to support education—upgrading, restructuring, and reshaping it. However, we do not aim to use AI to replace education. As long as humanity exists, education will endure. Our philosophy is ‘X plus AI,’ not ‘AI plus X.’ AI is not only about learning, but also about building resilience for the future,” Professor Xi concluded.About Xi’an Jiaotong-Liverpool University (XJTLU)Xi’an Jiaotong-Liverpool University (XJTLU) is an international joint venture university founded by Xi’an Jiaotong University in China and the University of Liverpool in the United Kingdom. It combines the strengths of both prestigious parent institutions and is the largest of its kind approved by China’s Ministry of Education.Located in Suzhou, China, XJTLU offers a beautiful campus environment that blends rich cultural heritage with rapid economic development. Suzhou is one of China’s most advanced cities. XJTLU’s strategic location in the Suzhou Dushu Lake Science and Education Innovation District, within the Suzhou Industrial Park (SIP), provides exceptional access to business networks and industry collaboration opportunities.For more information about XJTLU, please visit: https://www.xjtlu.edu.cn/enFor media inquiries, please contactVionna Fiducia ThejaInternational Media and Communication TeamXi'an Jiaotong-Liverpool UniversityEmail: vionna.theja@xjtlu.edu.cnRahma AnanditaPR & Media ConsultantThe Union CommunicationsTel: 0815 8593 5835Email: dita@theunion.co.id Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
More

GIC Discloses Third Change in Shareholding in Ascletis Pharma Inc. -B (01672.HK) This Year: Further Increases Stake by Over 10 Million Shares, Raising Holding from 7.00% to 8.36%

HONG KONG, Jun 26, 2026 - (ACN Newswire via SeaPRwire.com) - Recently, Singapore’s sovereign wealth fund GIC updated its shareholding data for Ascletis Pharma Inc. -B (01672.HK) once again, marking its third Disclosure of Interests filing in the company this year. According to the filing, compared with the previous DI-registered shareholding of 74,808,000 shares, GIC newly acquired an additional 14,545,000 shares. Following the increase, its shareholding rose from 7.00% to 8.36%, representing another large-scale purchase exceeding 10 million shares.Looking back at the three DI disclosure milestones this year, GIC first crossed the 5% disclosure threshold in February, with its updated DI shareholding reaching 6.42%. After continued accumulation, its second disclosure in May showed that its stake had increased to 7.00%. The latest filing marks GIC’s third disclosure update this year, with the institution continuing to make substantial additions to its position. Its total shareholding has further risen to 89,353,000 shares, representing 8.36% of the company.As one of the world’s leading sovereign wealth funds, GIC has long adhered to a long-term value investment philosophy. Its three shareholding updates within the year and steady continued accumulation fully demonstrate the institution’s sustained confidence in Ascletis Pharma’s innovative drug pipeline, clinical development progress, and long-term growth potential. Continued investment by international long-only capital also provides a strong vote of confidence in the company’s development.At present, Ascletis Pharma is steadily advancing multiple core R&D pipelines. With further clinical data expected to be released going forward, and supported by continued investment from GIC and other overseas long-term institutional investors, the company is expected to remain a key focus of global capital markets. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
More
GA-ASI Adapts Ground Control Station to Fly MQ-9B ACN Newswire

GA-ASI Adapts Ground Control Station to Fly MQ-9B

SAN DIEGO, June 25, 2026 - (ACN Newswire via SeaPRwire.com) - General Atomics Aeronautical Systems, Inc. (GA-ASI) is working to adapt its Block 30 Ground Control Stations (GCS) to fly the company's newer model MQ-9B SkyGuardian® and SeaGuardian® Remotely Piloted Aircraft. When these upgrades are complete, they will enable current users of the Block 30 system, originally designed to fly the MQ-9A Reaper®, to keep that equipment and use it to operate the more capable aircraft.Current users include the U.S. Air Force, U.S. Marine Corps, the Italian Air Force, the French Air Force, the United Arab Emirates Armed Forces, the Spanish Air Force, and the Royal Netherlands Air Force.GA-ASI developed the MQ-9B through its own internal research and development. The upgraded new aircraft required a new and more powerful GCS. The ongoing work with the Block 30 GCS now means that prospective users with existing stocks of equipment wouldn't need to buy new ground control equipment to operate the MQ-9B aircraft they acquired."We want to do all we can to deliver to most capable model of our aircraft to our customers, and that's MQ-9B," said GA-ASI President David R. Alexander. "We also know that by investing our own Internal Research & Development dollars, we can deliver MQ-9B at a lower acquisition cost by adapting the GCS for our current customers."Company efforts to upgrade the Block 30 focus on its datalink capability for MQ-9B operation. This includes the installation of a new datalink rack, the GA Interface Multiplexor Encryptor, which is the heart of the MQ-9B communications and telemetry system. In addition to the hardware modifications, the software will also be tailored to interface with the unique capabilities on the MQ-9B.Once the modifications are made to Block 30, the GCS will be able to fly both the MQ-9A and the MQ-9B aircraft and will be easily switchable from one to the other.GA-ASI expects to begin flight testing the expanded Block 30 by the end of this year.About GA-ASIGeneral Atomics Aeronautical Systems, Inc., is the world's foremost builder of Unmanned Aircraft Systems (UAS). Logging more than 9 million flight hours, the Predator® line of UAS has flown for over 30 years and includes MQ-9A Reaper®, MQ-1C Gray Eagle®, MQ-20 Avenger®, and MQ-9B SkyGuardian®/SeaGuardian®. The company is dedicated to providing long-endurance, multi-mission solutions that deliver persistent situational awareness and rapid strike.For more information, visit www.ga-asi.com.Avenger, EagleEye, Gray Eagle, Lynx, Predator, Reaper, SeaGuardian, and SkyGuardian are trademarks of General Atomics Aeronautical Systems, Inc., registered in the United States and/or other countries.GA-ASI Media RelationsGeneral Atomics Aeronautical Systems, Inc.ASI-MediaRelations@ga-asi.com(858) 524-8101SOURCE: General Atomics Aeronautical Systems, Inc. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
More
Pacific Avenue Capital Partners Announces Investment Committee Appointment, New AI Initiative, and Team Expansion ACN Newswire

Pacific Avenue Capital Partners Announces Investment Committee Appointment, New AI Initiative, and Team Expansion

LOS ANGELES, CA, June 25, 2026 - (ACN Newswire via SeaPRwire.com) - Pacific Avenue Capital Partners ("Pacific Avenue"), a global private equity firm focused on corporate carve-outs and other complex transactions in the middle market, today announced the appointments of Jonathan Sinnott to the Investment Committee, the establishment of a dedicated artificial intelligence team led by Al Rahrooh and supported by Ahsan Hashmi and Alejandro Urrea, and the addition of Tyler Woodhouse, Adolfo Guerra, and Francisco Lima across portfolio operations and compliance, along with a new investment team member, Saiesha Sharma, as an associate."We remain committed to building the best private equity firm to work at in Los Angeles. Jonathan's appointment to the Investment Committee is a well-deserved recognition of his contributions and I look forward to his continued impact in this expanded role. Additionally, the establishment of our dedicated AI team is a critical initiative for the firm, and one we believe will create a meaningful competitive advantage for both Pacific Avenue and our portfolio companies. I am also thrilled to welcome Al, Tyler, Adolfo, Francisco, and our newest investment associate to the team, each of whom brings exceptional experience that will strengthen our ability to execute and create value across our portfolio."-Chris Sznewajs, Founder and Managing Partner of Pacific Avenue Capital PartnersPacific Avenue is pleased to announce the appointment of Jonathan Sinnott to the Investment Committee. Mr. Sinnott joined Pacific Avenue in 2018 and has since been promoted to Managing Director. During his tenure at Pacific Avenue, Mr. Sinnott has focused his efforts on transaction sourcing, execution, due diligence, and portfolio operations. His appointment to the Investment Committee reflects both his past contributions to the firm and his growing leadership role across the platform. Prior to joining Pacific Avenue, Mr. Sinnott was part of the Special Situations group of Oaktree Capital Management and the Financial Sponsors group at Credit Suisse. Mr. Sinnott received his M.B.A. from the UCLA Anderson School of Management and graduated with a B.A. from the University of Pennsylvania.The establishment of a dedicated artificial intelligence team has been a key initiative for the firm and will play an integral part in Pacific Avenue's strategy for driving value creation across our investment platform. The team is led by Al Rahrooh, Principal and Head of Artificial Intelligence. Prior to Pacific, Mr. Rahrooh served as Chief Technology Officer across multiple venture-backed organizations and co-founded LeNgineer, an R&D company that secured NASA SBIR funding to develop AI solutions for the Space Launch System. Mr. Rahrooh graduated with a B.S. in Biomedical Sciences from the University of Central Florida and is currently a Ph.D. candidate in Medical Informatics at UCLA. He is joined by two Associate Software Engineers, Ahsan Hashmi and Alejandro Urrea.Ahsan Hashmi joins the firm as an Associate Software Engineer. Prior to joining Pacific, Mr. Hashmi worked at NASA and across multiple organizations focused on data engineering and cloud-based AI solutions. Mr. Hashmi graduated with a B.S. from the University of Central Florida and holds an M.S. in Informatics from the University at Buffalo.Alejandro Urrea joins the firm as an Associate Software Engineer. Prior to joining Pacific, Mr. Urrea led AI and software engineering engagements across multiple organizations, designing and deploying production-grade AI systems. Mr. Urrea graduated with a B.S. in Computer Science from the University of Central Florida.The team is focused on two fronts: advancing the firm's own internal investment and operational processes and deploying AI-driven solutions directly within Pacific Avenue's portfolio companies. Pacific Avenue believes this initiative represents a significant opportunity to enhance value across its portfolio.Pacific Avenue further expanded its team with the addition of new professionals across portfolio operations and compliance. Tyler Woodhouse joins the firm as Principal of Portfolio Operations. Prior to joining Pacific, Mr. Woodhouse was a Director on the Portfolio Operations team at Atlas Holdings and previously served on Alvarez & Marsal's Private Equity Services team. Mr. Woodhouse earned an MBA from the Massachusetts Institute of Technology and a Bachelor of Science from the United States Military Academy at West Point.Adolfo Guerra joins the firm as Vice President of Portfolio Operations. Prior to joining Pacific, Mr. Guerra was an Engagement Manager at L.E.K. Consulting. Mr. Guerra graduated with a degree in Industrial Engineering from UFMG in Brazil and holds an MBA from INSEAD.Francisco Lima joins the firm as Compliance Manager. Prior to joining Pacific, Mr. Lima served as a Compliance Associate at Clearlake Capital Group, L.P. Mr. Lima graduated with a B.S. in Management and Business Economics with a minor in Political Science from the University of California, Merced.Finally, Pacific Avenue welcomed Saiesha Sharma to the Investment Team as an Associate. Prior to joining Pacific, Ms. Sharma was a Private Equity Analyst at CC Industries. Ms. Sharma graduated with a B.S. in Finance and a minor in Computer Science from Indiana University.About Pacific Avenue Capital PartnersPacific Avenue Capital Partners is a global private equity firm, headquartered in Los Angeles with an office in Paris, France. The firm is focused on corporate divestitures and other complex situations in the middle market. Pacific Avenue has extensive M&A and operations experience, allowing the firm to navigate complex transactions and unlock value through operational improvement, capital investment, and accelerated growth. Pacific Avenue takes a collaborative approach in partnering with strong management teams to drive lasting and strategic change while assisting businesses in reaching their full potential. Pacific Avenue has more than $3.9 billion of Assets Under Management (AUM) as of March 31, 2026. The members of the Pacific Avenue team have closed over 120 transactions, including over 50 corporate divestitures, across a multitude of industries throughout their combined careers. For more information, please visit www.pacificavenuecapital.com.PACP Ops Mgmt Co, LLC ("PACP Ops") is a Pacific Avenue-exclusive consulting firm that is wholly-owned by Pacific Avenue Capital Partners, LLC and affiliated with Pacific Avenue Capital Partners Management Company LLC. PACP Ops assists Pacific Avenue in areas of due diligence and in portfolio company operations and other initiatives. PACP Ops (and indirectly its employees) receives fees from Pacific Avenue portfolio companies, which do not reduce or otherwise offset the management fee paid by funds managed by Pacific Avenue. Employees joining PACP Ops include Al Rahrooh, Alejandro Urrea, Ahsan Hashmi, Tyler Woodhouse, and Adolfo Guerra.Chris BaddonManaging Directorcbaddon@pacificavenuecapital.comSOURCE: Pacific Avenue Capital Partners Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
More
10 winners selected at 9th edition of Start-up Express ACN Newswire

10 winners selected at 9th edition of Start-up Express

HONG KONG, Jun 25, 2026 - (ACN Newswire via SeaPRwire.com) - The ninth edition of Start-up Express, organised by the Hong Kong Trade Development Council (HKTDC), successfully concluded its Final Pitching Day today, with 10 winning start-ups emerging from the competition. The winning start-ups span sectors including smart city solutions, green tech and health tech, reflecting growing momentum among Hong Kong start-ups in translating innovative technologies into practical applications. The ESG Award was presented to BioZein Technology Corporation Limited in recognition of its outstanding commitment to sustainability and social impact, while Homing Therapeutics Limited received the My Favourite Start-up Award. The 10 winning start-ups will next participate in a series of local and overseas business events organised by the HKTDC which provides opportunities to build capability and connections, explore markets, seek business and funding partners, and enhance brand awareness.The HKTDC has long been committed to fostering the growth of start-ups by actively providing platforms that help them raise market visibility and expand into Chinese Mainland and international markets, to further promote Hong Kong’s strengths as an international innovation and technology hub. HKTDC Assistant Executive Director Anna Cheung said: “When we launched Start-up Express in 2018, we had one simple goal: to help Hong Kong start-ups grow and flourish. Since then, we have supported 80 start-ups in building capacity, enhancing their visibility, making connections, finding new partners and investors and seizing opportunities and markets previously out of their reach. We champion Hong Kong’s brightest startups by connecting them to the world to scale and succeed. Proudly, we stand with our winners every step of the way, unlocking partnerships, investment, and the power to build a global brand.”Ten winning start-ups were selected, with the majority operating in the fields of smart city solutions, alongside a number of ventures specialising in green tech, health tech and med tech, highlighting the increasing diversity of innovation and technology solutions and their growing adoption across a wide range of industries and everyday applications. This year’s Start-up Express Final Pitching Day attracted more than 200 industry participants, including investors and business leaders. Booths were also set up during the event to enable the Start-up Express finalists to showcase their businesses to all attendees and participants, fostering networking and collaboration opportunities.The 20 Start-up Express finalists took to the stage today to present their innovative business ideas and answer questions raised by the judging panel. Following the selection process, the 10 start-ups were announced as winners: Alpha AI Technology Limited, BioZein Technology Corporation Limited, GABES Limited, Hay-koze Limited, Homing Therapeutics Limited, Muuse Limited, O-Spheres Limited, PetWell HK Limited, PregnaSense Co. Limited and Pyramid AI Limited. The HKTDC will arrange a series of exposure opportunities for the winning teams to interact with potential investors, buyers and partners, helping them expand their business networks and capture opportunities in both local and global markets.Judges commend start-ups for embracing emerging technology trendsOne of the judges, Jimmy Tao, Chairman of the Hong Kong Startup Council, said: “The quality of participating start-ups continues to improve year after year. Many of this year’s finalists have successfully integrated artificial intelligence and other innovative technologies into practical applications, demonstrating strong commercial potential. Hong Kong’s start-up ecosystem has continued to flourish in recent years, with the number of start-ups reaching a record high. Last year, the total increased 11% year-on-year to 5,221, reflecting the city’s growing appeal to global entrepreneurs and reinforcing its position as an ideal destination for business and investment. Through the Start-up Express platform, this year’s winners will be well placed to expand into new markets while gaining valuable opportunities to build networks and accelerate growth.”Start-up Express helps start-ups expand markets and commercialise innovationTaranjit Singh, Chief Technology Officer of Entoptica, one of the 10 winning start-ups of Start-up Express 2025 and the world’s first start-up to apply quantum technology to vision science, said: “Start-up Express provided valuable opportunities to connect with investors and industry mentors, helping us secure funding to advance clinical trials and expand production capacity. Participation in HKTDC events has also enabled us to broaden our network within the ophthalmic healthcare sector.” He added that participation in CES 2026 in the United States in January this year, a participation led by the HKTDC, enabled the company to establish connections with potential partners, manufacturers and investors from Shanghai, Japan and the United States. The company also successfully sold two prototype products at US$100,000 each, achieving pricing and overall results that exceeded its expectations.Start-up Express International supports overseas start-ups to establish a presence in Hong KongIn addition to promoting local innovation and technology ventures, the HKTDC is committed to strengthening exchanges between Hong Kong and overseas start-up ecosystems, further reinforcing Hong Kong’s competitive edge as a leading innovation and technology hub in Asia. Since the launch of Start-up Express International in 2022, the competition has attracted start-ups from around the world over four editions, including participants from Chinese Mainland, Australia, France, Germany, the United Kingdom, Italy, Singapore, Thailand, Vietnam, the United Arab Emirates and the United States. The fifth edition of Start-up Express International will be held during Entrepreneur Day in December this year, providing winning overseas start-ups with support to establish a presence in Hong Kong and leverage the city as a gateway to explore opportunities in the Guangdong-Hong Kong-Macao Greater Bay Area and international markets.Start-up Express: https://portal.hktdc.com/startupexpress/en/The 20 finalists: https://portal.hktdc.com/startupexpress/en/s/Top-20Photo download: https://bit.ly/4wu3EFdThe 10 winners of Start-up Express. Representatives of the winning teams took a group photo with judges and guests. Back row (from third left), from left to right: Monica Hong, Associate of Betatron Venture Group; Alan Cheung, Founder & Managing Director of Grandion Group; HKTDC Assistant Executive Director Anna Cheung; Jimmy Tao, Chairman of Hong Kong Startup Council; Winnie Leung, Founding General Partner of Transcend Capital Partners and Conrad Tsang, Founder and Chairman of Strategic Year Holdings LimitedThe Start-up Express Final Pitching Day featured a student innovation showcase, where primary and secondary school students presented their award-winning innovation and technology projectsMore than 200 industry professionals attended the Start-up Express Final Pitching Day, providing opportunities for start-ups to exchange ideas and connect with investors and business leadersBooths alongside the event, where shortlisted start-ups introduced their businesses and innovative solutions to participants HKTDC Media Room: https://mediaroom.hktdc.com/enMedia enquiriesHKTDC’s Communications & Public Affairs DepartmentNoah QiuTel: (852) 2584 4575Email: noah.yl.qiu@hktdc.orgJohnny TsuiTel: (852) 2584 4395Email: johnny.cy.tsui@hktdc.orgClayton LauwTel: (852) 2584 4472Email: clayton.y.lauw@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
More
AEON Credit Records a Solid Start to FY2026/27 as First Quarter Net Profit Jumps 24.4% ACN Newswire

AEON Credit Records a Solid Start to FY2026/27 as First Quarter Net Profit Jumps 24.4%

HONG KONG, Jun 25, 2026 - (ACN Newswire via SeaPRwire.com) - AEON Credit Service (Asia) Company Limited (“AEON Credit” or the “Group”; Stock Code: 00900) today announced its results for the three months ended 31st May 2026 (“1QFY2026/27” or the “Reporting Period”).During the Reporting Period, the Group’s revenue increased 7.7% to HK$476.2 million, compared with HK$442.2 million in the first quarter of the previous year (“1QFY2025/26” or the “Previous Period”). Interest income rose 9.1% to HK$407.0 million, while interest expenses decreased 12.8% to HK$27.0 million as the average funding cost improved to 3.2% from 3.8% in the Previous Period, reflecting the Group’s effective funding strategy and diversified borrowing portfolio. Net interest income grew 11.1% to HK$380.0 million.Operating profit before impairment losses and impairment allowances rose 11.4% to HK$255.9 million, with the operating expense-to-operating income ratio improving to 43.3% from 44.6% in the Previous Period. Achieving an improvement in impairment losses and allowances of HK$4.6 million to HK$99.6 million in the Reporting Period, the Group’s profit after tax increased by 24.4% to HK$136.0 million (1QFY2025/26: HK$109.3 million), with earnings per share increasing to 32.47 HK cents for the Reporting Period (1QFY2025/26: 26.11 HK cents).Amidst an improving yet still challenging market environment, the Group refined its credit assessment scoring mechanism and made timely adjustments to credit exposure across selected business segments, enabling more granular risk differentiation and enhanced risk detection to strengthen the overall soundness of its credit portfolio. To address the needs of specific consumer groups, the Group also pursued product innovation, including the launch of renovation loans and personal loans for property owners in May 2026, further diversifying its customer base and reinforcing its competitive position in the personal loan market. Supported by targeted marketing initiatives focusing on overseas travel and domestic consumption, together with effective telemarketing and credit card promotional campaigns, the Group’s overall sales recorded steady growth of approximately 12.9% over the Previous Period. The gross advances and receivables balance remained at a similar level as at 28th February 2026, while asset quality continued to improve, with the percentage of doubtful (stage 2) and loss (stage 3) receivables to gross advances and receivables decreasing to 3.7% as at 31st May 2026 from 3.9% as at 28th February 2026.Looking ahead, the Group’s strategic focus for the remainder of 2026 will be on accelerating digital transformation and deepening ecosystem synergies to drive sustainable growth. A key driver will be the integration of artificial intelligence (AI) and advanced data analytics across all business functions to enhance customer experience, data-driven credit assessment, risk management and compliance. The Group aims to reduce electronic Know-Your-Customer (eKYC) processing times and streamline application and approval processes to deliver a smoother and more personalised customer journey, while embedding digital communication tools such as WhatsApp across various customer interfaces to improve engagement effectiveness and efficiency.The full implementation of a unified bonus point program is a central pillar of the Group’s growth plan. By integrating the loyalty rewards of participating merchant partners under a common platform, the Group aims to deepen customer engagement and enhance cross-selling opportunities across its business segments. AEON Stores (Hong Kong) Co., Limited is expected to become the first merchant partner to join the program, further strengthening the overall value proposition of the AEON Ecosystem and creating a more seamless and self-reinforcing “AEON EcoZone” for customers.The Group remains committed to incorporating sustainability into its decision-making, risk management and day-to-day business practices. This is recognized in the recent “Best Sustainability-Linked Loan – Non-Bank Financial Institution in Hong Kong” award received at “The Asset Triple A Sustainable Finance Awards 2026” for its HK$300 million syndicated sustainability-linked loan, as well as its inclusion in the S&P Global Sustainability Yearbook (China Edition) 2026, reflecting the Group’s capabilities in green finance and sustainable development.Mr. Wei Aiguo, Managing Director of AEON Credit, said, “We are pleased to deliver another quarter of strong profit growth, underpinned by improving operating efficiency, a lower funding cost and disciplined credit risk management. Moving forward in a dynamic macroeconomic environment, we will be focused on accelerating our digital transformation and deepening the synergies within the AEON Ecosystem. With our strong liquidity, robust balance sheet and proven management capabilities, we are confident in maintaining our growth trajectory and delivering long-term value to our stakeholders.”About AEON Credit Service (Asia) Company Limited (Stock Code: 00900)AEON Credit Service (Asia) Company Limited, a subsidiary of AEON Financial Service Co., Ltd. (TSE: 8570) and a member of the AEON Group, was set up in 1987, registered as a Hong Kong limited company in 1990, and listed on the Main Board of The Stock Exchange of Hong Kong Limited in 1995. The Group is principally engaged in the finance business, which includes credit card issuance, personal loan financing, card payment processing services and insurance intermediary business in Hong Kong, and microfinance business in the Chinese Mainland.For more information, please visit the company’s website at www.aeon.com.hk. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
More
Global AI Boom Drives Strong Growth in Hong Kong’s May Exports ACN Newswire

Global AI Boom Drives Strong Growth in Hong Kong’s May Exports

HONG KONG, Jun 25, 2026 - (ACN Newswire via SeaPRwire.com) - Hong Kong’s merchandise exports rose by 40.8% year-on-year to HK$611.2 billion in May, according to data released today by the Census and Statistics Department. For the first five months of 2026, total exports of goods reached HK$2,776.6 billion, representing robust growth of 36.2% compared with the same period last year.“Hong Kong’s export performance continues to be underpinned by robust electronics demand, fueled by the ongoing surge in artificial intelligence (AI) adoption worldwide,” said Bruce Pang, Director of Research at the Hong Kong Trade Development Council.Market sentiment improved somewhat following the Xi-Trump meeting in Beijing in mid-May, though concerns over the Middle East conflict lingered. Looking ahead, the tentative easing of tensions after the US–Iran MoU signed in mid-June - despite potential volatility - together with softer oil prices, is expected to positively impact business prospects.“Overall, Hong Kong’s trade outlook will continue to hinge on several factors, including the technology upcycle, geopolitical developments, energy prices and global end-market demand,” Mr Pang added.HKTDC Research will unveil its latest export forecast at a press conference on Monday, 29 June.HKTDC Media Room: https://mediaroom.hktdc.com/enMedia enquiriesPlease contact the HKTDC’s Communications & Public Affairs Department:Jane CheungTel: (852) 2584 4137Email: jane.mh.cheung@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
More
ICETECH and PARKEE, a CentrePark Group Subsidiary, Sign MOU to Establish Strategic Collaboration Framework for Indonesia’s Smart Parking Market ACN Newswire

ICETECH and PARKEE, a CentrePark Group Subsidiary, Sign MOU to Establish Strategic Collaboration Framework for Indonesia’s Smart Parking Market

JAKARTA, June 25, 2026 - (ACN Newswire via SeaPRwire.com) - Beijing ICETECH Science and Technology Co., Ltd. (“ICETECH”) and PT Inovasi Anak Indonesia (“PARKEE”), a subsidiary of CentrePark Group, signed a Memorandum of Understanding (“MOU”) on June 17, 2026, at Treasury Tower in South Jakarta. The MOU establishes a strategic collaboration framework to accelerate the digital transformation of Indonesia’s parking infrastructure, combining ICETECH’s proven AI vision and smart parking solutions with PARKEE’s extensive local operating network.The MOU was signed by Cui Kai, CEO of ICETECH, and Wilson Sumanang, CTO of PARKEE. CentrePark Group CEO Charles Richard Oentomo, CFO Chris Haryadi, and other representatives attended the signing.Under the MOU, ICETECH and PARKEE will collaborate on the deployment of smart parking technologies across Indonesia, focusing on intelligent hardware integration, digitalization of parking operations, and adaptation to local market requirements. The parties intend to jointly develop pilot projects that align technology deployment with local operating scenarios, and will evaluate potential business models for broader commercial rollout and long-term collaboration. Indonesia’s smart parking market is projected to grow at a compound annual rate of 16.45% through 2028, providing a strong backdrop for the collaboration.About ICETECHFounded in Beijing, ICETECH is a smart parking and urban mobility technology company with 14 years of experience and the leading market share in China’s static traffic sector. Its AI vision hardware and cloud-based platform serve more than 20,000 parking facilities and over 140 million registered vehicles, with products shipped to more than 80 countries and regions. ICETECH is recognized as a National “Little Giant” enterprise and counts Intel Capital among its strategic investors, and is expanding internationally across Southeast Asia, the Middle East, Europe, and Latin America.About PARKEE / CentrePark GroupPARKEE is the digital parking operating system and technology platform of CentrePark Group, one of Indonesia’s leading smart mobility and parking solution providers, managing more than 750 project sites across over 60 cities. Founded in Jakarta in 2009, the group’s ecosystem is now delivering beyond traditional parking operator services, including integrated parking solutions as well as value added services nationwide.Company: Beijing ICETECH Science and Technology Co., Ltd.Contact Person: YE LINEmail: rainie.ye@icetech-china.com Website: https://icetechglobal.com/ Telephone: +86 13714120690City: Beijing Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
More
Everest Medicines and Hainan Herui have entered into a commercialization collaboration relating to Hainan Herui’s budesonide enteric capsules, further enhancing patient access to the medication ACN Newswire

Everest Medicines and Hainan Herui have entered into a commercialization collaboration relating to Hainan Herui’s budesonide enteric capsules, further enhancing patient access to the medication

HONG KONG, Jun 24, 2026 - (ACN Newswire via SeaPRwire.com) - Everest Medicines (HKEX 1952.HK) announced that Everest Medicines and Hainan Herui have entered into a commercialization collaboration relating to Hainan Herui's budesonide enteric capsules, which were approved by the National Medical Products Administration (NMPA) in December 2025.Pursuant to this collaboration, Hainan Herui’s budesonide enteric capsules will be permitted to be launched in the Chinese mainland market, with Everest Medicines responsible for their commercialization. Everest Medicines will provide rigorous technical guidance and quality audits over Hainan Herui’s manufacturing and supply processes. This collaboration is expected to enhance patient access to the combined franchise of NEFECON(R) and Hainan Herui’s budesonide enteric capsules. This collaboration is subject to the satisfaction of customary closing conditions.As the world’s first approved etiological treatment for IgA nephropathy (IgAN), NEFECON(R) targets the Peyer’s patches in the terminal ileum to address the root cause of the disease, providing patients with an innovative therapeutic solution distinct from traditional supportive care.In recent years, with the continuous accumulation of global and Chinese real-world studies, the clinical value of NEFECON(R) across multiple critical dimensions, including etiological treatment, early intervention, long-term treatment, management across different chronic kidney disease (CKD) stages, and refractory IgAN, has been validated. At the 63rd European Renal Association (ERA) Congress, Everest Medicines presented 23 abstracts, including 21 real-world studies conducted in China. These findings further validate the efficacy and safety of NEFECON(R) in clinical practice, providing patients with more robust evidence-based support.Market data shows that China currently has approximately 5 million IgAN patients, with more than 120,000 new cases diagnosed annually. Furthermore, Chinese IgAN patients experience rapid disease progression and poor prognosis, representing a massive unmet clinical need. Against the backdrop of a large IgAN patient base and rising demand for long-term disease management, improving access to early etiological treatment and expanding the coverage of standardized treatment have become pivotal pathways to driving overall patient benefits. Accordingly, this commercialization collaboration between Everest Medicines and Hainan Herui leverages Everest Medicines’ established commercialization system and quality management capabilities. It will enhance the accessibility of relevant products in the Chinese market and is expected to further accelerate the clinical landing of standardized treatments, ultimately benefiting a broader population of IgAN patients. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
More
VivaTech 2026 Hong Kong Tech Pavilion connects local start-ups with European opportunities ACN Newswire

VivaTech 2026 Hong Kong Tech Pavilion connects local start-ups with European opportunities

HONG KONG, Jun 24, 2026 - (ACN Newswire via SeaPRwire.com) - Viva Technology (VivaTech) 2026, the annual technology and start-up extravaganza, successfully concluded in Paris, France last week. The Hong Kong Trade Development Council (HKTDC), together with strategic partner the Hong Kong Economic and Trade Office in Brussels (Brussels ETO), and supporting organisations including Hong Kong Science and Technology Parks Corporation (HKSTP), The Hong Kong Polytechnic University, Hong Kong Productivity Council (HKPC), The Hong Kong University of Science and Technology, and Cyberport, hosted the Hong Kong Tech Pavilion to showcase innovative solutions from 24 local innovation and technology (I&T) enterprises and institutions to global investors and industry players.During the exhibition, a series of thematic seminars, start-up pitching sessions and networking events were held to facilitate industry exchanges and business matching, helping local start-ups seize opportunities in the European market and deepen their international collaboration networks.HKTDC’s Chris Lo, Regional Director, Europe, Central Asia & Israel, stated: “VivaTech 2026's Hong Kong Tech Pavilion has achieved excellent results once again this year, facilitating multiple cross-border collaborations. We are pleased to see that some of these outcomes have gradually come to fruition from connections and exchanges initiated last year. Through its participation in overseas promotional platforms, the HKTDC has been helping local start-ups build networks and increase their exposure in international markets, creating collaboration opportunities for them and supporting their expansion into global markets, thereby injecting sustained momentum into Hong Kong's innovation and technology development."The participating start-ups and institutions included Formwork IO, which specialises in developing carbon-negative construction materials and sustainable solutions, which was selected as one of the top 30 finalists for VivaTech's "Tech for Change" Award. Tech for Change recognises start-ups that leverage innovative technology to drive positive impact for the environment, society or health, with an emphasis on the parallel pursuit of impact and commercial value. The finalists were selected from exhibiting start-ups worldwide based on their high growth potential. Additionally, from numerous startups and institutions worldwide, the organiser selected two Hong Kong Tech Pavilion I&T companies including PointFit Technology, a developer of wearable health monitoring and smart sports solutions, and Robocore Technology Limited, which develops globally leading open-platform service robot solutions, to give live demonstrations at VivaTech's Discovery Stage to buyers and investors around the world. These achievements fully demonstrate the innovative capabilities and international competitiveness of Hong Kong startups in health technology, artificial intelligence, and other fields.Forging cross-regional collaborations with fruitful resultsSeveral participating companies successfully established connections with European investors, large enterprises and industry partners, and commenced business discussions, laying the groundwork for subsequent cooperation. Among them, Robocare Technology is in negotiations with JCDecaux, a France-based multinational outdoor advertising company, for a cooperation agreement that will provide 1,000 robots to JCDecaux for marketing campaigns. Robocore Technology first connected with JCDecaux at the Hong Kong Tech Pavilion at VivaTech last year. Its CEO, Lim Long-hei, said: "Leveraging the business connections we have built through the Hong Kong Tech Pavilion at VivaTech over the past two years, we hope to further deepen our collaboration with European multinational corporations, achieve greater market share, and attain rapid business growth in Europe and beyond."Additionally, LeafIoT Technology Limited signed a Memorandum of Understanding with the Lecco Campus of Politecnico di Milano to further advance their cooperation and accelerate the pace of expanding into the European market. LeafIoT Technology specialises in developing smart tree monitoring solutions. The two parties will collaborate in talent cultivation and technological innovation, jointly promoting the application and market expansion of AI algorithms and remote sensing technology in enhanced tree monitoring and health assessment. LeafIoT Technology's innovative solutions have successfully attracted international partnership interest. Its Managing Director, Chan Pak-kwan, said: "We hope to extend Hong Kong's industry-university-research model further into Europe, while promoting the R&D achievements of Hong Kong institutions, and deepening collaboration with European academic institutions, thereby achieving five- to ten-fold business growth."During VivaTech, the HKTDC hosted a series of seminars, start-up pitching sessions, and networking events to facilitate in-depth exchanges between investors and start-ups. The Special Representative for Hong Kong Economic & Trade Affairs to the European Union, Shirley Yung, attended the thematic seminar and networking event titled "Building Resilient Tech Ecosystems: Powering the Next Wave of International Tech Leadership from Hong Kong" on 19 June. In Yung’s speech, she said Hong Kong's innovation ecosystem brings together four powerful advantages: top-tier research and talent, deep pools of global capital, unparalleled access to the Guangdong-Hong Kong-Macao Greater Bay Area innovation cluster, and strong connectivity to global markets, providing businesses with a comprehensive platform to innovate, scale up and expand into the Asian and global markets.The subsequent discussion session revolved around the strengths of Hong Kong's innovation and technology ecosystem, and how to leverage Hong Kong as a springboard to explore international markets. Chief Executive Officer, Terry Wong from HKSTP shared that Hong Kong, with familiar frameworks in regulations, research and development excellence, enables a common ground for Europe companies to explore the vast market opportunities in the East; while Chief Innovation Officer, Yonghai Du from HKPC pointed out that Hong Kong possesses significant advantages in research capabilities and attracting international investment, including technical support to ensure that enterprise products meet international testing standards, thereby helping businesses successfully go global and expand into international markets.The HKTDC is actively working with local enterprises to participate in major international technology exhibitions, assisting start-ups to expand into overseas markets and increase opportunities to connect with international investors and buyers. Following the Consumer Electronics Show (CES 2026) in Las Vegas, USA in January this year, the Mobile World Congress (MWC), and ‘4 Years From Now’ (4YFN) exhibition dedicated to tech start-ups held in Barcelona, Spain in March, the HKTDC once again organised the Hong Kong Tech Pavilion at VivaTech, providing a platform for start-ups to showcase their innovative achievements and connect with international funding.The 10th VivaTech attracted participants from over 165 countries and regions worldwide, with more than 15,000 global start-ups and 200,000 visitors, making it one of the most important events in the global technology ecosystem. Hong Kong Tech Pavilion at VivaTech is a flagship initiative under the "Economic and Trade Express" in Europe, Brussels ETO, HKTDC and InvestHK also jointly organised a series of other promotional and networking events to provide targeted support to the participating Hong Kong tech start-ups in exploring the local market, including pitching sessions, thematic seminars, and other networking activities.List of 24 Start-ups and institutions at the Hong Kong Tech Pavilion: CategoryCompany Name1. Sustainable & Climate TechnologyAlbacastor Technology Limited2. AIGreen Limited 3. Asgard Group Limited 4. Formwork IO5. Green Vigor Limited6. Laputa Eco-Construction Material Company Limited7. LeafIoT Technology Limited8. Plasticvore Chain Ltd 9. AI and Software Solutions Cogniser Infotech Ltd10. D-Engraver Limited11. Midas Analytics Limited 12. OxGen Holdings Limited13. Pantheon Lab Limited14. SagaDigits Limited15. Robotics and Microelectronics TechnologyAnlaseo Technology Limited16. Bacbudy Limited17. Cybercrystal Technology Co., Limited18. Harmony SkyTech Limited19. Oriental Materials Hong Kong Limited20. Robocore Technology Limited21. Health TechnologyEieling Technology Limited22. Hong Kong Bionic Beet Robotics Limited23. PointFit Technology Limited 24. UniversityThe Hong Kong Polytechnic UniversityPhoto download: https://bit.ly/3SXwgb424 Hong Kong innovation and technology enterprises and institutions shine at VivaTech 2026 Hong Kong Tech Pavilion, showcasing the city's scientific research prowess. LeafIoT Technology Limited and the Lecco Campus of Politecnico di Milano sign a Memorandum of Understanding; PointFit Technology gives live demonstrations at VivaTech's Discovery Stage.During VivaTech, the HKTDC organised a series of seminars, start-up pitching sessions and networking events to facilitate in-depth exchanges between investors and start-ups.Shirley Yung, Special Representative for Hong Kong Economic & Trade Affairs to the European Union, attended a thematic seminar and networking reception held on Friday (June 19) and delivered a keynote speech.Websites: https://vivatech.com/exhibitors/hktdc-hong-kong-trade-development-councilMedia enquiriesFor enquiries, please contact HKTDC’s Communications & Public Affairs Department:Winnie KanTel: (852) 2584 4055Email: winnie.wy.kan@hktdc.orgMedia Room: http://mediaroom.hktdc.comAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
More
Airwheel Launches SE3SXD AI Cabin Suitcase, Introducing a New Era of Smart Luggage, Electric Suitcases and Intelligent Travel ACN Newswire

Airwheel Launches SE3SXD AI Cabin Suitcase, Introducing a New Era of Smart Luggage, Electric Suitcases and Intelligent Travel

BRUSSELS, BELGIUM, June 24, 2026 - (ACN Newswire via SeaPRwire.com) - Airwheel, a global innovator in smart mobility and intelligent travel solutions, today officially unveiled the SE3SXD Full-Intelligent AI Suitcase, a breakthrough product that combines the functionality of a smart suitcase, electric suitcase, riding suitcase, cabin suitcase, AI luggage, and smart luggage into a single intelligent travel platform.For more than a century, luggage has remained largely unchanged, serving primarily as a passive storage tool. The Airwheel SE3SXD smart luggage challenges that convention by transforming luggage into an intelligent travel companion capable of smart mobility, real-time connectivity, and AI-powered interaction.One-Key Evolution: From Cabin Suitcase to AI Travel CompanionPowered by Airwheel’s proprietary fourth-generation AI intelligent control system, the SE3SXD introduces an industry-leading dual-intelligence architecture that integrates a fully intelligent suitcase body with a fully connected smart control handle.With a single press, the AI suitcase automatically transforms from a standard cabin suitcase into a rideable power suitcase. The entire deployment process—including structural extension, system activation, and power adaptation—is completed automatically, eliminating the need for manual operation or smartphone control.The result is a truly intuitive travel experience where intelligent technology works naturally in the background.Redefining Mobility with Electric Suitcase TechnologyDesigned for airports, railway stations, convention centers, and urban mobility scenarios, the Airwheel SE3SXD scooter suitcase brings automotive-inspired intelligent drive technology to the smart luggage category.Key features include:AI adaptive power managementHigh-torque brushless motor systemIntelligent acceleration and brakingMultiple riding modesMaximum riding speed of 9.9 km/h (6.15 mph)Riding range up to 10 km (6.2 miles)Static load capacity up to 95 kg (209 lbs)Unlike conventional luggage that must be pulled or pushed, the rideable suitcase allows travelers to move efficiently through large transportation hubs while reducing fatigue.Smart Luggage Built for Global Air TravelDespite its advanced mobility capabilities, the SE3SXD rideabled luggage remains fully compliant with international carry-on requirements.The smart suitcase features:Standard 20-inch cabin suitcase dimensionsAirline-approved 73.26Wh removable batteryIATA-compliant battery systemOne-second battery removalLightweight body weighing only 6.8 kgThis design allows travelers to enjoy the convenience of an electric suitcase without sacrificing airline compatibility.AI Luggage with Apple Find My Global TrackingTo address growing concerns around lost baggage and travel security, Airwheel has integrated a comprehensive smart luggage protection ecosystem.Apple Find My IntegrationThe AI power luggage connects directly to Apple's Find My network, enabling global location tracking even when Bluetooth is disconnected or the suitcase is powered off.Users can also trigger sound alerts remotely, making it easier to locate luggage in airports, hotels, or crowded public spaces.Smart App ConnectivityThrough the Airwheel App, users can access:Battery monitoringSpeed managementRemote control functionsCruise controlAmbient lighting customizationSystem diagnosticsThe system can also provide instant alerts if the suitcase is moved unexpectedly.TSA-Approved SecurityA TSA-approved lock provides enhanced protection while maintaining compliance with international airport security requirements.Award-Winning Design Meets Smart Travel InnovationConstructed from aerospace-grade aluminum alloy and finished with a premium nano-textured surface, the SE3SXD smart suitcase combines durability with luxury aesthetics.Available in:Deep Space BlackLuxury SilverVibrant PinkThe smart suitcase incorporates Airwheel’s portfolio of more than 600 global patents and has received multiple international design awards for innovation and industrial design excellence.All intelligent systems are integrated within the suitcase structure, preserving practical storage space for 3–5 days of travel essentials.More Than Smart Luggage: A Portable Power SolutionThe airline-approved removable battery also functions as a portable power source.Integrated fast-charging ports allow travelers to charge smartphones, tablets, cameras, and other electronic devices while traveling.By combining the functions of a smart suitcase, electric suitcase, portable power bank, and personal mobility device, the SE3SXD offers a complete intelligent travel solution for modern consumers.Designed for Every JourneyWhether traveling for business, leisure, commuting, or gifting, the Airwheel SE3SXD delivers a smarter and more connected travel experience.From airport terminals to city streets, the AI suitcase transforms every journey into a seamless blend of mobility, convenience, and intelligent interaction.About AirwheelAirwheel is a global leader in smart mobility and intelligent travel technology, specializing in AI suitcases, smart luggage, electric suitcases, rideable suitcases, and cabin luggage solutions. Backed by over 600 international patents, award-winning industrial design, and a fully integrated R&D ecosystem, Airwheel continues to redefine the future of intelligent travel worldwide.Media ContactCompany: AirwheelContact: Media TeamWebsite: https://www.airwheel.net Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
More

China Risun Group (1907.HK) Strengthens Market Confidence Through Continued Share Repurchases and Management Shareholding Increases

HONG KONG, Jun 24, 2026 - (ACN Newswire via SeaPRwire.com) - China Risun Group Limited (1907.HK) today announced the repurchase of 2.567 million ordinary shares. Since the launch of its buyback program on June 18, the company has cumulatively repurchased 8.021 million shares. In addition, Mr. Yang Lu, Executive Director, Vice President, and General Manager of Cangzhou Risun, increased his personal holdings by 200,000 shares on June 22. These actions underscore the company’s and management’s strong confidence in Risun’s long-term growth prospects and commitment to safeguarding shareholder value.Repurchased shares are held as treasury stock, with total holdings now reaching 184 million shares. These shares may be allocated to employee equity incentive programs. Between September 2025 and January 2026, Risun granted 14.418 million shares to 797 mid- and senior-level employees, reinforcing a shared community of interests, careers, and destiny.Since its listing in 2019, China Risun Group, together with major shareholders, directors, and executives, has actively repurchased and increased holdings in the company. To date, the company has repurchased 237 million shares, major shareholders have added 66.84 million shares, and directors and executives have increased holdings by 7.779 million shares. Following shareholder authorization on May 29, 2026, the Board has been approved to repurchase up to 428 million shares, providing ample flexibility for future buybacks while maintaining public float.With resilient operations and steady business development, management remains confident in the company’s outlook. Despite external market pressures, Risun’s intrinsic value is not yet fully reflected in its market capitalization. Through share repurchases, management shareholding increases, and equity incentives, the company continues to align the interests of shareholders, employees, and the enterprise.Looking ahead, China Risun Group will accelerate strategic expansion into new energy and new materials, further enhancing its core competitiveness and driving sustainable growth. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
More
Datavault AI Inc. (NASDAQ: DVLT) and WiSA Technologies Announce the Goho LS7 2.0 and 5.1 Home Theater Systems with WiSA E Wireless Connectivity ACN Newswire

Datavault AI Inc. (NASDAQ: DVLT) and WiSA Technologies Announce the Goho LS7 2.0 and 5.1 Home Theater Systems with WiSA E Wireless Connectivity

PHILADELPHIA, PA, June 23, 2026 - (ACN Newswire via SeaPRwire.com) - Datavault AI Inc. (NASDAQ:DVLT), through its Acoustic Sciences division's WiSA Technologies, today announced integration of the WiSA E Enterprise module in the new LS7 2.0 and 5.1 wireless home audio and karaoke systems from Goho, a brand of Goldhorn. These two stunning new systems are designed to bring high-definition two-channel and immersive 5.1 channel surround sound into the home entertainment environment with the simplicity and reliability of WiSA wireless audio transmission."Goldhorn has built a strong reputation for delivering premium audio components to the mobile audio market, and we are very excited to enter the home audio space with these two new systems designed to deliver the same premium experiences. WiSA technology is the perfect wireless solution to meet our requirements for robust connection, high-quality audio transmission, reliability, and simplicity for the end-user."- Chen Xiangzhen, Product Manager, Goldhorn Electronics Co., Ltd (Fujian)"Our scalable technology solutions solve for interoperability between devices that transmit secure, high-definition sound, enable spatial control, and - through both our semiconductor modules and WiSA E - which the Company believes are positioned to become the industry standard and quality leader in wireless multi-channel audio transmission."- Nathaniel Bradley, CEO, Datavault AI, Inc.The Goho LS7 systems are anchored by a 4K Ultra HD projector offering HDMI, optical, USB, and Ethernet connectivity. The 2.0 speaker system features two tall, thin, full-range speakers that can be hidden in any environment or showcased to show off their highly styled design. The 5.1 delivers immersive audio through five identical satellite speakers and a subwoofer, enveloping the listener with HD-quality audio from their favorite content. Both systems can also be the center of the party with their home karaoke capabilities and the included microphones."Goldhorn has demonstrated its premium audio capabilities for years in the car audio space, and we are very excited to be a part of their entry into the home audio entertainment world through the Goho brand. The two LS7 systems offer versatility and outstanding performance, making them great solutions for a wide range of use-cases within the home and beyond."- Tony Ostrom, President, WiSA® Association and VP Marketing, WiSA® TechnologiesThe Goldhorn LS7 systems are distributed in China and are available now.WiSA E technology offers module and software solutions for home entertainment systems and components of all types. Our wireless audio solutions are also positioned perfectly for integration into the emerging markets of robotics, holograms, drones, and other areas where multi-channel, high-definition, low-latency, and tightly synchronized wireless audio connectivity, distribution, and control are essential for great experiences.About Datavault AI Inc.Datavault AI™ (NASDAQ:DVLT) is leading the way in AI-driven data experiences, valuation, and monetization of assets in the Web 3.0 environment. The Company's cloud-based platform provides comprehensive solutions with a collaborative focus in its Acoustic Sciences and Data Sciences divisions.Datavault AI's Acoustic Sciences division features WiSA®, ADIO®, and Sumerian® patented technologies and industry-first foundational spatial and multichannel wireless, high-definition sound transmission technologies with intellectual property covering audio timing, synchronization, and multi-channel interference cancellation. The Data Science division leverages the power of Web 3.0 and high-performance computing to provide solutions for experiential data perception, valuation, and secure monetization.Datavault AI's platform serves multiple industries, including high-performance computing software licensing for sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, energy, and more. The Information Data Exchange® enables Digital Twins and the licensing of name, image, and likeness by securely attaching physical real-world objects to immutable metadata, fostering responsible AI with integrity. The Company's technology suite is fully customizable and offers AI- and machine-learning-based automation, third-party integration, detailed analytics and data, marketing automation, and advertising monitoring.The Company is headquartered in Philadelphia, PA. For more information, visit www.dvlt.ai. Investor information is available at dvlt.ai. Technology news and insights are published at dvlt.ai/insights.About the WiSA® AssociationThe WiSA Association is an independent industry organization managing the WiSA wireless audio standard, including WiSA E interoperability certification, membership, and the brand ecosystem. The Association's certification tools and governance infrastructure ensure that WiSA E products from any manufacturer work together without configuration. The WiSA Association's patented technology is licensed through Datavault AI Inc. (NASDAQ:DVLT). Tony Ostrom serves as President of the WiSA Association.About GoldhornGoldhorn Electronics Co., Ltd (Fujian) is an audio-video technology company with deep expertise in both optical and acoustic domains. The company has built a strong reputation in the mobile audio market and has also accumulated extensive research and development capabilities in display and imaging technologies, forming a unique technological approach that spans from optics to acoustics, from video to audio. Through its Goho brand, the company brings integrated, premium audio-video experiences into the home entertainment space, offering a range of home theater and karaoke systems designed to deliver exceptional picture quality, immersive sound, and user-friendly functionality.Forward-Looking StatementsThis press release includes forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other applicable securities laws. Forward-looking statements are statements that are not historical facts and may be accompanied by words such as "believe," "may," "will," "estimate," "continue," "anticipate," "intend," "expect," "should," "would," "plan," "predict," "potential," "seem," "seek," "future," "outlook," "positioned," or variations of such words or expressions of similar meaning. These forward-looking statements include, but are not limited to: statements regarding the anticipated commercial success and consumer adoption of the Goho LS7 2.0 and 5.1 home theater and karaoke systems; the expected performance, reliability, and market reception of WiSA E wireless audio technology as integrated into Goldhorn's Goho product line; the Company's belief that WiSA E Enterprise module and semiconductor solutions have achieved and will maintain a position as an industry standard and quality leader in wireless audio transmission; statements regarding the scalability of WiSA E technology to solve cross-brand interoperability challenges on an enterprise scale; the anticipated expansion of WiSA E adoption among additional global premium acoustic brands; the expected distribution, availability, and sales performance of the Goldhorn LS7 systems in China and other potential markets; statements regarding the suitability and positioning of WiSA E technology for integration into emerging markets including robotics, holograms, drones, and other applications requiring multi-channel, high-definition, low-latency, and tightly synchronized wireless audio connectivity; and any other statements regarding the future business, operations, financial performance, or strategic direction of Datavault AI Inc. and its Acoustic Sciences division.These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from those expressed or implied, including, but not limited to: the risk that the Company will not achieve its anticipated revenue and commercial objectives for its Acoustic Sciences division; risks related to the Company's ability to deploy its technologies and gain or maintain market share in its target markets; the risk that market adoption of WiSA E technology by consumer electronics manufacturers, distributors, and end-users may not occur at the pace or scale anticipated; risks associated with international distribution partnerships, manufacturing relationships, geographic market conditions, and supply chain dependencies; the risk that Datavault AI will incorrectly anticipate market trends or fail to successfully exploit business opportunities in home entertainment, consumer electronics, and adjacent emerging technology sectors; risks related to the development, certification, and interoperability performance of WiSA E products across manufacturers; the risk that competing wireless audio technologies may achieve broader adoption or superior market positioning; changes in market demand for the Company's products and services; changes in economic, market, or regulatory conditions, including international trade regulations that may affect the Company's business with Goldhorn and other foreign partners; risks associated with technological development, integration, and interoperability certification processes managed through the WiSA Association; and other risks and uncertainties as more fully described from time to time in the Company's filings with the U.S. Securities and Exchange Commission, including its most recent Annual Report on Form 10-K and Quarterly Reports on Form 10-Q, copies of which are available at www.sec.gov and at ir.datavaultsite.com. The Company undertakes no obligation to publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise, except as required by applicable law.Readers are cautioned not to place undue reliance on these and other forward-looking statements contained herein.Trademarks, Trade Names, Service Marks, and CopyrightsWe own or have rights to use various trademarks, trade names, service marks, and copyrights, which are protected under applicable intellectual property laws. This press release also contains trademarks, trade names, service marks, and copyrights of other companies, which are, to our knowledge, the property of their respective owners. Solely for convenience, certain trademarks, trade names, service marks and copyrights referred to in this press release may appear without the ©, ®, and ™ symbols, but such references are not intended to indicate, in any way, that we will not assert, to the fullest extent under applicable law, our rights or the rights of the applicable licensors to these trademarks, trade names, service marks and copyrights. We do not intend our use or display of other parties' trademarks, trade names, service marks or copyrights to imply, and such use or display should not be construed to imply a relationship with, or endorsement or sponsorship of us by, these other parties.Media Contact:marketing@dvlt.aiInvestor Contact:Edward BargerVP, Investor Relationsebarger@dvlt.ai | ir@dvlt.aiSOURCE: Datavault AI Inc Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
More
Jacobson Pharma Announces FY2026 Annual Results ACN Newswire

Jacobson Pharma Announces FY2026 Annual Results

KEY HIGHLIGHTS- Revenue held steady at HK$1,569.5 million- Profit attributable to equity shareholders increased to HK$301.6 million- Recommended final dividend of HK4.75 cents per share- Strong demand for chronic disease medicines underpinned core performance amid normalised seasonal respiratory demand.- Expanded specialty medicines portfolio through 46 in-licensing agreements; secured 23 new product approvals and expanded R&D pipeline to 241 products- Steady progress on the smart pharmaceutical manufacturing project at Tai Po InnoParkHONG KONG, Jun 23, 2026 - (ACN Newswire via SeaPRwire.com) - Jacobson Pharma Corporation Limited ("Jacobson Pharma" or the "Company"; Stock Code: 2633), a leading company engaged in the research, development, production, marketing and sale of essential medicines and specialty drugs, today announced the annual results of the Company and its subsidiaries (collectively the "Group") for the year ended 31 March 2026 ("FY2026" or the "Reporting Year").Despite the normalisation of seasonal healthcare demand following the prolonged influenza season in the prior year, Jacobson Pharma delivered resilient results in FY2026 with revenue remaining broadly stable at HK$1,569.5 million (FY2025: HK$1,576.9 million). Meanwhile, profit attributable to equity shareholders increased to HK$301.6 million from HK$300.8 million, primarily due to improved operational efficiency, disciplined cost management, and the growing contribution from specialty medicines, newly in-licensed products, and new product launches.The Group maintained a healthy financial position and stable operating cash flow generation during the Reporting Year, providing the flexibility to pursue strategic investments while supporting sustainable long-term growth.The Board recommends the payment of a final dividend of HK4.75 cents per share (FY2025: HK5.50 cents per share). Including the interim dividend of HK4.25 cents per share already paid, the total dividend for FY2026 would be HK9.00 cents per share.Strengthening Growth Drivers through Portfolio ExpansionThe Group's generic drugs business remained resilient during the Reporting Year, supported by continued growth in chronic disease therapies, while demand for seasonal cold and flu medicines moderated following the exceptionally prolonged influenza season in the prior year. Benefiting from structural healthcare trends, including Hong Kong's ageing population, the rising prevalence of chronic illnesses, and the increasing emphasis on preventive and primary healthcare, the Group recorded solid growth across its core therapeutic categories, led by cardiovascular, central nervous system, and oncology-related therapies.To drive future expansion, the Group continued to strengthen its product portfolio through targeted research and development efforts and strategic in-licensing initiatives. During the Reporting Year, it secured regulatory approvals for 23 new products and expanded its R&D pipeline to 241 products spanning a diverse and yet market-driven range of therapeutic areas.The Group further diversified and enhanced its specialty medicines portfolio via a proactive in-licensing strategy. It secured exclusive rights to 46 specialty medicines, biologics, vaccines, and advanced therapies across multiple high-potential fields, including oncology, haematology, immunology, cardiology, and neurology. These initiatives significantly bolster the Group’s product pipeline for sustainable, long-term growth.Translating Innovation into Patient AccessThe Group is committed to making meaningful strides in translating pharmaceutical innovation into tangible clinical impact.A case in point is the Group’s continued effort to support patient access to Axicabtagene Ciloleucel (Yikaida), a CAR-T cell therapy, in Hong Kong and Macau through its specialised Advanced Therapeutic Products logistics and patient care support platform. Patients in both markets have already received the therapy, underscoring the Group's role in facilitating access to advanced cancer treatments in the region.Investing in Manufacturing Excellence and Digital TransformationThe Group maintained steady progress to advance its smart pharmaceutical manufacturing project at Tai Po InnoPark under the Hong Kong Government's New Industrialisation Acceleration Scheme. During the Reporting Year, the Group finalised the appointment of the main contractor for the specialised infrastructure and design-and-build works, marking a significant milestone in the development of its advanced manufacturing facility.Upon completion, the facility will substantially enhance the Group's production capacity, technological capabilities, and operational efficiency, further strengthening its long-term manufacturing platform and supporting future growth.Mr. Derek Sum, Chairman and Chief Executive Officer of Jacobson Pharma, said: “FY2026 witnessed the resilience of our business model and the strength of our strategic foundations. Despite normalised seasonal healthcare demand, the Group delivered improved profitability while continuing to invest in key growth drivers.The expansion of our specialty medicines portfolio, good progress on advanced therapeutics initiatives, and the development of our smart manufacturing facility have further strengthened our foundations for sustainable growth.Looking ahead, favourable demographic trends, healthcare reforms, and rising demand for chronic disease management and specialty medicines continue to present attractive opportunities. With a robust pipeline, diversified specialty portfolio, focused investment in advanced manufacturing, and a dedicated team, we remain well-positioned to capture opportunities and deliver long-term value to stakeholders.”About Jacobson Pharma Corporation Limited (Stock Code: 2633)Jacobson Pharma is a leading pharmaceutical company in Hong Kong vertically integrated and engaged in the research, development, production, sale, and distribution of essential medicines and specialty drugs. As a major provider of generic drugs in Hong Kong, the Group has one of the most extensive sales and distribution coverage for both the private and public sectors in Hong Kong, with an expanding reach into strategically selected Asian markets.The Group is committed to strategically enhancing its portfolio through research and development, manufacturing excellence, and the introduction of high-value specialty products. With its headquarters in Hong Kong and operating subsidiaries across the region, the Group continues to strengthen its position as a trusted healthcare partner dedicated to improving patient access to quality medicines and innovative therapies. For more details about Jacobson Pharma, please visit the Group's website: http://www.jacobsonpharma.comFor media inquiries, please contact:Strategic Financial Relations LimitedVicky LeeTel: (852) 2864 4834Email: vicky.lee@sprg.com.hkRachel KoTel: (852) 2114 2370Email: rachel.ko@sprg.com.hk Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
More
HKTDC launches community-wide activities to celebrate its 60th anniversary ACN Newswire

HKTDC launches community-wide activities to celebrate its 60th anniversary

HONG KONG, Jun 23, 2026 - (ACN Newswire via SeaPRwire.com) - To celebrate the 60th anniversary of the Hong Kong Trade Development Council (HKTDC), a series of exciting activities have been rolled out recently, including mobile exhibition “Design Gallery on the Move” and the “Next 60 Forum” featuring the Chairman and former Chairmen, as well as “60th Anniversary cocktail reception” attended by over 1,000 guests. Other activities include the “60th Anniversary-themed Tram” and the “Design Gallery: 60 Celebratory Deals” anniversary offer.Professor Frederick Ma, HKTDC Chairman, and Sophia Chong, HKTDC Executive Director, together with members of the HKTDC’s senior management, attended a photo session with the themed tram today.The 60th anniversary-themed tram, a limited-edition tram featuring the HKTDC’s anniversary theme “Connect the World, Shape the Future”, is now running across Hong Kong Island. The tram brings the celebratory spirit into the community, symbolising the HKTDC’s continued role in linking Hong Kong with the global market while partnering with stakeholders to shape the future.Among the celebratory initiatives, the “Design Gallery: 60 Celebratory Deals” campaign is being held and will launch its third round of promotion in July, featuring more than 20 selected items at 40% off. The offer will cover a wide range of categories, including gifts, homeware and fashion accessories.Featured items include a CARDHODA RFID coin and card holder, a DITTO DITTO Hong Kong Skyline pattern washi tape set, a FAUX X MARIKO JESSE Hong Kong Toile Bone China Mug, PAIR PAIR FULL “Weaving the Future”’ socks and a TACS stainless steel watch, allowing the public to purchase creative products at attractive prices, while experiencing the design excellence of Hong Kong.Other anniversary activities will also be rolled out progressively, including “60 Book Fair Super Passes” during the Hong Kong Book Fair and “Food Expo VIP Tickets Giveaway”. These initiatives will also celebrate HKTDC’s important milestone with the wider community. Details will be announced on HKTDC’s social media platforms.Photo download: https://bit.ly/4vZkjQrProfessor Frederick Ma (middle), HKTDC Chairman, and Sophia Chong (fifth from left), HKTDC Executive Director, together with members of the HKTDC senior management, attended a photo session with the 60th anniversary-themed tram today.Professor Frederick Ma (lower deck middle), HKTDC Chairman, and Sophia Chong (lower deck left), HKTDC Executive Director, together with members of the HKTDC senior management, attended a photo session with the 60th anniversary-themed tram today.Professor Frederick Ma (right), HKTDC Chairman, and Sophia Chong (left), HKTDC Executive Director, pose for a photo with the 60th anniversary-themed tram.The 60th anniversary-themed tram, showcasing the HKTDC’s 60th anniversary design, is now running across Hong Kong Island.CARDHODA RFID Coin and Card HolderOriginal price: HK$299 eachDiscount price: HK$179.4 eachDITTO DITTO Hong Kong Skyline Pattern Washi Tape SetOriginal price: HK$120Discount price: HK$72FAUX X MARIKO JESSE Hong Kong Toile Bone China MugOriginal price: HK$280Discount price: HK$168TACS stainless steel watchOriginal price: HK$3,360Discount price: HK$2,016PAIR PAIR FULL “Weaving the Future” socksOriginal price: HK$139Discount price: HK$83.4The “Design Gallery: 60 Celebratory Deals” campaign will launch its third round of promotion in July, featuring more than 20 selected items at 40% off. Featured items include CARDHODA RFID coin and card holder, DITTO DITTO Hong Kong skyline pattern washi tape set, FAUX X MARIKO JESSE Hong Kong Toile Bone China Mug, PAIR PAIR FULL “Weaving the Future” socks, and the TACS stainless steel watch.WebsitesThe 60th anniversary-themed tram video: https://www.linkedin.com/feed/update/urn:li:activity:7475064051211997185/HKTDC’s 60th anniversary celebration activities: https://60.hktdc.com/en/activitiesDesign Gallery online shop: https://dghk-eshop.hktdc.com/HKTDC Media Room: https://mediaroom.hktdc.com/enMedia enquiriesHKTDC’s Communications & Public Affairs DepartmentAgnes WatTel: (852) 2584 4554Email: agnes.ky.wat@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
More
The 36th Hong Kong Book Fair unveils annual theme: ‘Cultural Legacy – Joyful Journeys’ ACN Newswire

The 36th Hong Kong Book Fair unveils annual theme: ‘Cultural Legacy – Joyful Journeys’

HONG KONG, Jun 23, 2026 - (ACN Newswire via SeaPRwire.com) - The 36th Hong Kong Book Fair, organised by the Hong Kong Trade Development Council (HKTDC), will be held from 15 to 21 July (Wednesday to Tuesday) at the Hong Kong Convention and Exhibition Centre (HKCEC), running concurrently with the Hong Kong Sports and Leisure Expo and the World of Snacks. As one of the signature summer cultural and leisure events in Hong Kong, the three fairs are estimated to bring together more than 770 exhibitors from nearly 30 countries and regions, offering citizens and tourists a one-stop destination for culture, sports and leisure experiences.This year's Book Fair adopts “Cultural Legacy | Joyful Journeys” as its annual theme, and alongside a series of cultural events, presents “Cultural July • Joyful Summer Reading”. More than 600 cultural events will take place both at the fairground and across the city, inviting the public to explore the world through reading and travel while experiencing cultural heritage, distinctive local traditions and the vibrant creativity of destinations around the globe.Jenny Koo, HKTDC Deputy Executive Director, said: “The Hong Kong Book Fair Cultural Events Advisory Panel selected ‘Cultural Legacy | Joyful Journeys’ as this year’s theme. We hope to inspire readers to explore the heritage and innovation of traditional culture in modern society through reading. Furthermore, we invite everyone to immerse themselves in cultural and eco- tourism, and experience the beauty of culture and nature, broaden their horizons and stimulate their minds along the journey.”Ms Koo added that as the HKTDC celebrates its 60th anniversary this year, HKTDC Chairman Professor Frederick Ma will join Hong Kong artist Jane Lee (pen name: Messy Desk) and more than 100 students on the second day of the Book Fair to create a collaborative artwork depicting Hong Kong’s transformation, documenting the city’s collective memories and promoting cultural inheritance. Readers may learn more about the development milestones of HKTDC from the book written by Jack So, the first Chinese Executive Director and former Chairman of the HKTDC."World of Art & Culture" Broadens Global HorizonsSupported by the Cultural and Creative Industries Development Agency of the Government of the Hong Kong Special Administrative Region (HKSAR), the Book Fair continues to feature several exciting highlights, including the "World of Art & Culture" zone, as well as the industry-focused "International Publishing Forum" and "IP Roundtable".Following the fair’s theme, the "World of Art & Culture" zone will feature the "World in Words, A Voyage of the Heart" exhibition. Across four zones, it uses the dual angles of "Local Eye" and "Global Eye" to connect Hong Kong stories with world literature, showing the beauty of different cultures. There are six interactive set-ups that will recommend books and in-depth itineraries for participants based on their preferences. Also, working with different consulates in Hong Kong, the exhibition shows over 200 books and items from around the world to make "travel literature" easy and fun to understand.Eight Seminar Series brings together renowned writers from around the worldThe Book Fair features a series of eight seminars, inviting authors from around the world to share and exchange ideas with readers. The sessions are: Theme of the Year, Renowned Writers, English and International Books, World of Knowledge, Children and Young Adults Books, Hong Kong Culture and History, Lifestyle, and Personal Development and Spiritual Growth.The Renowned Writers Seminar Series, co-organised by the HKTDC along with Ming Pao and Yazhou Zhoukan, will feature a lineup of influential Chinese-language writers who will share and interact with readers onsite. The heavyweight speakers include Liu Zhenyun, whose work was selected among Yazhou Zhoukan’s top 10 Chinese novels of 2025; Su Tong, one of the leading figures of Chinese avant-garde fiction; Bi Feiyu, recipient of the ZhuangZhongWen Literature Prize and Lu Xun Literary Prize; Chinese architect and novelist Liu Jiakun; and Louis Yu, Adjunct Associate Professor in the Department of Cultural and Religious Studies at the Chinese University of Hong Kong.The English and International Books Seminar Series welcomes a number of overseas authors. Featured speakers include British poet and novelist Luke Kennard, winner of multiple major literary awards in the United Kingdom. Beyond literary creation, the event will also cover topics on economy and current affairs. Joe Ngai, JP, Greater China Chairman of McKinsey & Company, will discuss the global economic landscape, analyse the unique positionings of the Chinese market, and provide guidance to companies on formulating future strategies in China.This year, in collaboration with the Hong Kong-ASEAN Foundation, the Book Fair introduces the ASEAN Literary Festival under the English and International Books Seminar Series for the first time, to foster cultural exchange between Hong Kong and ASEAN countries. Participating authors include Eka Kurniawan, recognised as one of Indonesia’s most internationally influential contemporary novelists, and Indonesian-born Singaporean author Clarissa Goenawan, whose works have been translated into twelve languages.Other speakers participating in various seminar series include Ronnie Chan, Honorary Chair of Hang Lung Properties; and Jasper Tsang, former President of the Legislative Council. The Story Sharing by Celebrities session will feature Dr Sylvia Chan, Principal of Ying Wa Primary School; Freddie Tse, captain of the Hong Kong Men’s Handball Team; and actress Bowie Cheung.A Hong Kong orbital payload expert recently took part in a national space mission for the first time, marking a historic and deeply significant milestone. This year’s Book Fair will feature several prominent aerospace experts as speakers. They include Professor Wu Bo from The Hong Kong Polytechnic University, Professor Gao Yang and Professor Su Hui from The Hong Kong University of Science and Technology, as well as Dr So Chu Wing, Curator of the Hong Kong Space Museum. Together, they will share insights into the journey and remarkable achievements of the nation's space missions.As for industry events, the "International Publishing Forum" and "IP Roundtable" will analyse the latest development in publishing and market trends, helping industry professionals uncover and tap into new business opportunities.Diverse thematic zones showcase cultural creativityFollowing its popularity last year, the Cultural and Creative Space returns, featuring the Fujian Pavilion, the Hangzhou Pavilion and Hong Kong exhibitor Tsi Ku Chai, showcasing intangible cultural heritage crafts, creative products and intellectual property merchandise. This year’s Chinese Mainland Publishers will bring together 49 publishing organisations, representing approximately 20,000 publications. Spotlighting Yunnan as the year’s featured province, they will present the region's diverse cultures, unique ecosystem and vibrant tourism resources, inviting Hong Kong readers to discover Yunnan through the world of books. The Hong Kong Jockey Club will set up a themed exhibition area that combines learning with fun experiences to inspire the public to adopt a healthy and positive lifestyle.Community-wide efforts to promote readingEvery year, the Book Fair partners with a wide range of organisations to promote a culture of reading. This year, Sino Group will launch the “Joyful Reading Lucky Rewards” campaign at the Book Fair for the first time, encouraging visitors to find books they enjoy and discover the pleasure of reading. Visitors who spend a designated amount will be eligible to take part in the campaign and receive gifts. Sino Group will also sponsor some underprivileged families from Community Living Rooms to visit the fair and select books, so that more families in need can share in the joy of reading.The Hong Kong Chinese Importers’ & Exporters’ Association and the Hong Kong Federation of Education Workers will organise “Fun Reading Day” to enable grassroots students to visit the Book Fair and receive book purchase sponsorships. Sun Hung Kai Properties’ “Read to Dream” initiative will invite students from grassroots families to visit the fair and participate in cultural activities.Sports and Leisure Expo offers new experiences in sports, learning and leisureRunning concurrently with the Book Fair, the Hong Kong Sports and Leisure Expo features a wide range of sports experiences, fitness products and edutainment activities, encouraging the public to embrace healthy lifestyles while enjoying the fun of sports and leisure.The expo will showcase the latest sports trends through various experiential activities and products. The Hong Kong Playground Association presents the “Fit & Fearless Challenge”, which combines elements of obstacle course racing and physical fitness challenges. Visitors can test themselves on obstacles of varying difficulty levels and experience a sport that requires strength, agility, flexibility and coordination. Cyber Smart Limited will showcase lightweight, comfortable pickleball apparel, highlighting innovation in emerging sports products.This year’s expo places emphasis on leisure and edutainment experiences. My Mini Zoo, Hong Kong’s first indoor interactive animal experience space, will exhibit at the expo for the first time. Visitors will have the opportunity to interact with a variety of animals up close while learning about nature and ecology through hands-on engagement, creating an enjoyable and educational family experience.World of Snacks brings flavours from around the globeThis year’s World of Snacks will feature more than 1,300 snacks from nearly 30 countries and regions, ranging from classic favourites to innovative new products, and offer visitors a global culinary journey.The fair will showcase both local delicacies and innovative healthy snacks. Local brand Amore Hand Baked presents its popular handmade peanut cookies. Do Did Dust, developed by a group of young Hong Kong entrepreneurs, transforms soybean by-products into crispy snacks, combining taste, health and sustainability. Night Fever Limited will introduce freeze-dried candy products that use freeze-drying technology to create a unique texture, while Goods2buy will offer high-protein crisps, catering to fitness enthusiasts.A single ticket will provide access to three events – the Hong Kong Book Fair, Sports and Leisure Expo and World of Snacks. This year, the adult ticket price remains at HK$30, while special discounts such as Morning Admission Tickets, Special re-entry, and Tourist Tickets will continue to be available.To celebrate the 60th anniversary of the HKTDC, a special promotion titled “60 Book Fair Super Passes” Giveaway will be launched. Participants who take part in the HKTDC 60th Anniversary Facebook game will have a chance to win one of 60 Book Fair Super Passes. For details, please stay tuned to HKTDC’s official social media channels for the latest updates.Hong Kong Book Fair, Hong Kong Sports and Leisure Expo and World of SnacksDate15-21 July 2026 (Wednesday to Tuesday)Opening hoursHong Kong Book Fair15-20 July – 10am to 10pm21 July – 9am to 5pmHong Kong Sports and Leisure Expo and World of Snacks15-16 July – 10am to 9pm17-18 July – 10am to 10pm19-20 July – 10am to 9pm21 July – 9am to 5pmVenueHong Kong Convention and Exhibition CentreAdmissionAdult: HK$30Child: HK$10 (for primary school students/children under 1.2m tall)*Children aged 3 and under and adults aged 65 and over will be admitted free of charge.TicketsE-tickets will be available for sale via the e-ticketing sponsor The Club and ticketing partners 01 Space, 7-Eleven App, Alipay HK, Alipay, Octopus app, , all 7-Eleven and Circle K stores.Concessionary ticketsMorning admission tickets (entry before noon, same price for adults and children): HK$10 (pay directly by Octopus for admission at the hall entrances only)Special re-entry promotion: Visitors who purchase a regular adult ticket (HK$30) or child ticket (HK$10) dated 15 or 16 July can enjoy free admission once in each of the following time slots by presenting the whole stub attached to the admission ticket or re-entry coupon distributed onsite:1) 17-19 July (Friday to Sunday) after 7pm2) 20 July (Monday) after 7pmNote: this offer is not applicable to other types of admission tickets (including morning admission tickets, concessionary tickets, VIP tickets and complimentary tickets)Super Pass: HK$88Passholders have unlimited entry to the Book Fair and can use the special access channel to minimise queuing time.Ticket concession for tourists: Tourists to Hong Kong can purchase a HK$20 concession ticket at the fairground’s ticketing counters by presenting valid travel documents. Ticket concession for persons with disabilities:Persons with disabilities can purchase a HK$10 concession ticket, either by using an “Octopus with persons with disabilities status” for direct payment at entrance gates or by presenting their valid “Registration Card for Persons with Disabilities" issued by the Labour and Welfare Bureau at the conference hall ticket office.Hong Kong Book Fair website and Mobile appwww.hkbookfair.com/enhkbookfair.hktdc.com/HKBookfairApp.html(Check out the details of the book fair and register for the seminar)Hong Kong Sports and Leisure Expo websitehttps://www.hktdc.com/event/hksportsleisureexpo/enWorld of Snacks websitehttps://www.hktdc.com/event/worldofsnacks/enPhoto download: https://bit.ly/4eLW2XoSpeaking at today’s press conference to introduce Hong Kong Book Fair 2026, Jenny Koo, HKTDC Deputy Executive Director, said: “The Hong Kong Book Fair, as a Hong Kong spotlight event and one of the citywide summer events, together with the Hong Kong Sports and Leisure Expo and World of Snacks, will present a wide array of engaging experiences for locals and tourists alike.”Joining the press conference to kick off the 2026 Book Fair were (from left): Anita Wan, Convenor of the Book Fair Committee, Hong Kong Publishing Federation Limited; Yau Lop-poon, Editor-in-Chief of Yazhou Zhoukan; Jenny Koo, Deputy Executive Director of the HKTDC; Elvin Lee, Chairman of the Hong Kong Publishing Federation; and Louis Yu, Speaker of the Renowned Writers Seminar Series.The year’s “World of Art & Culture” echoes the theme of the year with an exhibition titled “World in Words, A Voyage of the Heart” that takes readers on a journey that begins in Hong Kong and extends across cultures, places and imagination, showcasing how reading can open doors to new worlds and perspectives.To promote sports culture, the Hong Kong Playground Association will set up the “Fit & Fearless Challenge” at the Hong Kong Sports and Leisure Expo, offering visitors the opportunity to experience obstacle course racing.Among the exhibitors at the Hong Kong Sports and Leisure Expo, Yau Hing (Hong Kong) Company Limited will showcase the locally developed ZypRoller, a resistance training wheel that combines strength training with dynamic movement, bringing a new experience to home workouts.This year’s World of Snacks will feature more than 1,300 specialty snacks from nearly 30 countries and regions, showcasing both classic favourites and innovative new products to cater to a wide range of tastes and preferences.Media enquiriesHong Kong Book Fair, Hong Kong Sports and Leisure Expo and World of SnacksYuan Tung Financial Relations:Louise Song Tel: (852) 3428 5690 Email: lsong@yuantung.com.hkTiffany Leung Tel: (852) 3428 2361 Email: tleung@yuantung.com.hkHKTDC’s Communications & Public Affairs Department:Noah Qiu Tel: (852) 2584 4575 Email: noah.yl.qiu@hktdc.orgNavin Law Tel: (852) 2584 4272 Email: navin.cm.law@hktdc.orgJane Cheung Tel: (852) 2584 4134 Email: jane.mh.cheung@hktdc.orgHong Kong Sports and Leisure Expo, World of SnacksHKTDC’s Communications & Public Affairs Department:Stanley So Tel: (852)2584 4049 Email: stanley.hp.so@hktdc.orgHKTDC Media Room: http://mediaroom.hktdc.comAbout HKTDC The Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
More
CTO Confidence in Scaling AI Falls for Third Straight Year, Akkodis Report Finds ACN Newswire

CTO Confidence in Scaling AI Falls for Third Straight Year, Akkodis Report Finds

ZURICH, SWITZERLAND, June 23, 2026 - (ACN Newswire via SeaPRwire.com) - New research released today by Akkodis, a global leader in digital engineering consulting and part of the Adecco Group, shows that CTO confidence in scaling AI is declining, falling to 48% in 2026 from 82% in 2024 - even as AI adoption accelerates and enterprises face growing pressure to turn ambition into execution at scale.Image: What CTOs Think 2026: Scaling the agentic enterprise with confidence. Source: AkkodisThe third edition of Akkodis' What CTOs Think report, What CTOs Think 2026: Scaling the agentic enterprise with confidence, features insights from 500 Chief Technology Officers (CTOs) as part of the Adecco Group's Business Leaders 2026 research of 2,000 C-suite executives, The human premium: Leadership beyond the algorithm. It shows that while AI investment continues to grow, organizations are constrained less by access to technology than by the complexity of integrating AI across enterprise systems, workflows and decision-making.Agentic AI emerges as a defining enterprise trendThe research identifies agentic AI - systems capable of planning, decision-making and executing tasks - as the most impactful technology trend shaping organizations in 2026, cited by 40% of CTOs as a top driver of impact. This shift marks a transition from AI as a tool that supports work to one that actively participates in execution - introducing new requirements for governance, accountability and operating model design.However, despite growing adoption, most organizations have yet to establish the structures needed to scale these systems effectively. More than half of CTOs (57%) report using AI to determine which tasks are best suited to humans versus machines, yet clarity around task allocation continues to limit progress.Why organizations struggle to scale AIThe findings point to a clear shift: the challenge is no longer deploying AI, it is integrating it into how the enterprise operates. As organizations move beyond pilot programs, execution complexity increases across leadership alignment, governance and workforce trust:Only 44% of CTOs believe leadership teams have sufficient AI understandingJust 46% report established frameworks for responsible AIOnly 36% express satisfaction with workforce trust levelsPersistent barriers cited by CTOs continue to limit progress:Lack of in-house technology skills (32%)Uncertainty around return on investment (31%)Lack of urgency at the business level (27%)Together, these findings suggest that scaling AI is increasingly an operational challenge, not a technology constraint, requiring organizations to redesign how systems, processes and decision-making work together.Digital transformation shifts from efficiency to innovationThe report also highlights a fundamental shift in how organizations define the value of digital transformation. For the first time, CTOs cite innovation, not efficiency, as the primary driver of digital investment, signaling a move from cost-focused optimization toward growth, differentiation and new business models.As AI capabilities mature, the marginal gains from efficiency are diminishing, increasing the importance of innovation as a source of competitive advantage. While the shift is global, priorities vary by industry - from workforce development in aerospace to innovation acceleration in life sciences and resilience in energy - underscoring the need for sector-specific approaches to scaling AI.AI is reshaping work, not eliminating itRather than driving widespread job loss, AI is fundamentally changing how work is structured at the level of skills and tasks:50% of CTOs report changes in required skills49% report shifts in day-to-day activitiesOnly 21% report workforce reduction due to AIThis reinforces the need for organizations to redesign workflows and responsibilities to support a hybrid human-AI workforce."What we're seeing now is not a slowdown in AI adoption, but a moment of realism," said Jo Debecker, President & CEO of Akkodis. "Organizations are moving beyond experimentation and encountering the reality of scaling AI across complex environments. The challenge is no longer deploying AI, it's integrating it into how work gets done. The companies making progress are those redesigning their operating models, aligning technology, human expertise and governance to deliver consistent results."From pilots to orchestration: Scaling AI requires a new operating modelThe report identifies three emerging organizational approaches:Task Automators - using AI primarily for efficiencyPilot Operators - experimenting with AI but struggling to scaleEnterprise Orchestrators - embedding AI into workflows and decision-makingOrganizations that succeed are those that move beyond isolated pilots to orchestrate AI across systems, processes, and teams, integrating technology with human expertise to deliver measurable outcomes.Access the full report here.Media contactsAnne FriedrichSVP, Global Head of Communications, AkkodisM. +4915174633470E. anne.friedrich@adeccogroup.comLisa BushkaVP, External Communications, AkkodisM. +18604630770E. lisa.bushka@adeccogroup.comAbout AkkodisAkkodis is a global digital engineering consulting company that enables organizations to innovate and accelerate by applying technology to redefine how processes and products are developed, powered and optimized. With deep expertise across AI, data, cloud, edge and software engineering, we offer best-in-class technology consultancy. Through our strong, scalable delivery models and specialized talent, we provide end-to-end solutions, from strategy and consulting through implementation. Our commitment to Akkodis Intelligence helps businesses connect the exponential power of technology with the irreplaceable strengths of human thinking and collaboration. Part of the Adecco Group and headquartered in Switzerland, Akkodis brings together 40,000 engineers and digital experts in over 30 countries, with services that span Consulting, Solutions and Academy. With deep experience across the world's major industries, Akkodis empowers businesses to solve complex challenges and achieve sustainable impact. akkodis.com | LinkedIn | Instagram | Facebook | XAbout the Adecco GroupThe Adecco Group is the world's leading talent company. Our purpose is making the future work for everyone. Through our three global business units - Adecco, Akkodis and LHH - across 60 countries, we enable sustainable and lifelong employability for individuals, deliver digital and engineering solutions to power transformation and empower organisations to optimise their workforces. The Adecco Group leads by example and is committed to an inclusive culture, fostering sustainable employability, and supporting resilient economies and communities. The Adecco Group AG is headquartered in Zurich, Switzerland (ISIN: CH0012138605) and listed on the SIX Swiss Exchange (ADEN). www.adeccogroup.comSOURCE: Akkodis Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
More
Anker Innovations announces the listing plan on the Main Board of HKEX with a maximum fundraising of HK$4,631.6 Million* ACN Newswire

Anker Innovations announces the listing plan on the Main Board of HKEX with a maximum fundraising of HK$4,631.6 Million*

HONG KONG, Jun 23, 2026 - (ACN Newswire via SeaPRwire.com) - Anker Innovations Technology Co., Ltd. (“Anker Innovations” or the “Company”, together with its subsidiaries, collectively referred to as the “Group”; stock code:00668.HK) today announced its plan to list on the Main Board of The Stock Exchange of Hong Kong Limited (the “Stock Exchange”).The Company will commence its Hong Kong public offering at 9:00 a.m. on Tuesday, 23 June 2026 and close at 12:00 noon on Friday, 26 June 2026. The H shares are expected to commence trading on the Stock Exchange on Thursday, 2 July 2026, under the stock code 00668.HK. Anker Innovations plans to offer 46,632,800 H shares globally (subject to the offer size adjustment option and over-allotment option), with a maximum offer price of HK$99.32 per H share. Each lot consists of 100 H shares, for a maximum of potentially raising up to HK$4,631.6 million.China International Capital Corporation Hong Kong Securities Limited, Goldman Sachs (Asia) L.L.C. and J.P. Morgan Securities (Far East) Limited are acting as joint sponsors, China International Capital Corporation Hong Kong Securities Limited, Goldman Sachs (Asia) L.L.C. and J.P. Morgan Securities (Asia Pacific) Limited are acting as overall coordinators, joint global coordinators, joint bookrunners, and joint lead managers.Schroders, Aspex, PAMAL, Greenwoods, HACF, L.P., UBS AM Singapore, FT Sealand, Jane Street, Taikang Life, WT Asset Management and Value Partners are cornerstone investors in this offering. The aggregate subscription amount by these investors totals US$295 million, equivalent to approximately HK$2,311.4 million (calculated based on the exchange rate at US$1.00: HK$7.8353), representing 49.9% of the total gross proceeds (based on the maximum offer price).Steady release of growth momentum, with globalization strategy cultivating long-term value. Since its founding in 2011, Anker Innovations has steadily expanded product portfolio across smart charging and power storage, smart home, and smart audio and video, providing a diverse and differentiated product matrix. Among them, the Company firmly holds an industry-leading position in the smart charging and power storage sector. According to Frost & Sullivan, in 2025, the Company ranked first globally in the mobile charging products sector by revenue. Meanwhile, leveraging the flywheel effect of "Product Innovation - Commercialization - Value Reinforcement" , Anker Innovations has rapidly established competitive advantages in one smart hardware technology sub-category market after another, achieving long-term healthy growth. From 2015 to 2025, the Company delivered continuous and strong growth: revenue grew at a CAGR of over 35%, while net profit increased at a CAGR of over 30%. On the other hand, this steady expansion is also underpinned by a forward-looking globalization strategy; in 2025, overseas markets accounted for 96.6% of total revenue. As of December 31, 2025, the Company’s products have been sold in more than 180 countries and regions via omni-channel distribution, serving more than 200 million users and supported by over 50 offices across 28 countries, including the U.S., Japan, the U.K., and the UAE.Driven to go beyond users' fundamental needs, based on igniting possibilities through innovation. Since its establishment , Anker Innovations has prioritized maximizing value creation for users as the primary driver of product development. The Company has established a consumer insight-driven experience transformation system, powered by the synergy between the JML (Joint Maker Lab) research platform and the BEES (Best Experience Enhancement System) platform. By leveraging both consumer insights system and market insights system, the Company defines what constitutes the "optimal experience", and use this as the cornerstone for product conceptualization, innovation, and ongoing iterative updates. This allows the Company to provide users with ultimate experiences, while our commitment to innovation and optimal user experiences continues to drive greater user value, creating differentiated advantages for the company's long-term development. At the same time, Anker Innovations has deepened its R&D investment in cutting-edge technologies to solidify its market leadership. From 2023 to 2025, the Company’s R&D expenses accounted for 8.1%, 8.5%, and 9.5% of total revenue respectively, showing a year-over-year upward trend. As of December 31, 2025, the Company had 3,026 granted patents, consisting of 308 invention patents, 1,286 utility patents, and 1,432 design patents worldwide. Notably, the Company focuses on creating technology platforms that can be easily reused and adapted. It has successfully established "2023 Laboratory " as a full-stack R&D center. Utilizing a platform-based R&D framework organized into product development teams (PDT) and software development teams (SDT), the Company has institutionalized its R&D system and achieved breakthroughs in multiple critical fields. For example, in the field of charging technology, Anker Innovations was among the first enterprises to commercialize gallium nitride (GaN) chargers, and subsequently developed the GaNPrime™ technology to enhance the charging efficiency, integration, and product performance of smart charging and power storage solutions.Strategically focused on "Shallow-sea" markets for precision breakthroughs, anchored by a visionary leadership team. In recent years, Anker Innovations' strategy focuses on "shallow-sea" markets. Through proprietary technological breakthroughs and the creation of entirely new product forms, combined with technological upgrades and cross-category reusability of technology, the Company has secured a solid position in these "shallow-sea" markets. According to Frost & Sullivan, total size of “shallow-sea” markets is approximately US$380.4 billion in 2025 and is expected to reach US$676.8 billion by 2030, representing a CAGR of 12.2% from 2025 to 2030, presenting an industry development prospect full of imagination. The Company’s steady global ascent and continuous innovation are steered by the extensive professional backgrounds and forward-looking market insights of founder Mr. Yang Meng and co-founder Mr. Zhao Dongping. Their profound understanding of consumer behavior remains a cornerstone of the Company’s success. Furthermore, guided by the philosophy of "Attracting and Empowering Top Talent," Anker Innovations has built a diverse and multidisciplinary talent pool combining strong technical backgrounds with industry experience. As of December 31, 2025, the Company comprised 6,304 professionals, with over 50% dedicated to R&D. This highly qualified, cross-functional, and complementary team serves as the driving force behind our ability to rapidly iterate and achieve breakthroughs across multiple product categories.Looking Ahead, with Hong Kong serving as its hub, the international capital markets deeply embracing innovative tech enterprises with a proactive, global perspective. By delivering higher-quality capital empowerment, the market is poised to fuel Anker Innovations’ diversified global business layout and drive the realization of its long-term value. Anker Innovations' listing in Hong Kong is expected to further showcase its global influence as a leader in the global smart devices industry. Furthermore, it is anticipated that this milestone will inspire more innovative technology companies, possessing both core capabilities across key technology areas and strong growth potential to list in Hong Kong, thereby injecting continuous innovative momentum into the Hong Kong capital market.* subject to the offer size adjustment option and the over-allotment optionAbout Anker Innovations Technology Co., Ltd.Anker Innovations (stock code: 00668.HK) is a global, smart device Company dedicated to the design and development of consumer electronics, driven by its mission of " Ignite possibilities through innovation. The Group’s product portfolio spans three major categories: Smart Charging and Power Storage (comprising the full portfolio of charging devices and accessories under the Anker brand, as well as the Anker SOLIX brand of consumer power storage products); Smart Home (including eufy Security’s full range of home security systems, eufy Clean’s home cleaning solutions, and eufyMake’s consumer-grade creative printers); and Smart Audio & Video (featuring soundcore’s smart audio products and the Nebula-series portable smart projectors). The Group offers a diverse range of products across fields such as mobile charging, consumer energy storage, smart security, smart cleaning, creative printing, smart audio, and smart projection.This press release was issued by Porda Havas International Finance Communications Group Limited on behalf of Anker Innovations.For inquiries, please contact Porda Havas International Finance Communications Group Limited.ascend.hk@pordahavas.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
More