Toward an Athlete- and Planet-Friendly Hakone Ekiden: All Vehicles Provided for the 2026 Race Will Be Electrified ACN Newswire

Toward an Athlete- and Planet-Friendly Hakone Ekiden: All Vehicles Provided for the 2026 Race Will Be Electrified

Toyota City, Japan, Dec 23, 2025 - (JCN Newswire via SeaPRwire.com) - Toyota Motor Corporation (Toyota) announced that all vehicles provided for the 102nd Tokyo-Hakone Collegiate Ekiden Championship (Hakone Ekiden) will be electrified. The race, a relay marathon to be held from January 2-3, 2026, will use BEVs, FCEVs, and HEVs. Fuel will also be switched to plant-derived, low-carbon gasoline, minimizing vehicle emissions, particularly of carbon dioxide, to work toward a more athlete- and planet-friendly race.The Hakone Ekiden is a race with a tradition spanning more than 100 years, dating back to its founding in 1920. Toyota began providing certain operational vehicles in 2003 to help nurture the next generation of young athletes and has supported the event as a sponsor since 2011. Throughout its involvement, Toyota has continually considered how to reduce vehicle emissions to make the race more athlete- and planet-friendly.Toyota is advancing its multi-pathway approach, offering electrified vehicle options tailored to diverse energy circumstances in each country and region and to varied customer needs. Accordingly, the company felt that its diverse lineup of vehicles, including BEVs and FCEVs, could contribute to the Hakone Ekiden.In total, 40 electrified vehicles will be provided for the race. The joint camera truck filming leading runners and the Century serving as a race headquarters vehicle will be provided as original FCEV models. These vehicles are equipped with fuel cells instead of engines and powered by motors that generate electricity through the chemical reaction of hydrogen and oxygen. They are extremely quiet and emit only water.Vehicles transporting people and equipment for the race will also be electrified. e-Palettes will serve as emergency response vehicles for all situations, while FCEV Coasters will transport related personnel.Each university team operations vehicle will be an HEV used in combination with low-carbon E10 gasoline, which contains 10% biofuel. ENEOS Corporation will provide E10 fuel made from ethanol derived from non-edible sorghum plants produced through the Research Association of Biomass Innovation for Next Generation Automobile Fuels(*). These initiatives will reduce exhaust gases and carbon dioxide emissions from these vehicles.Sports give people courage and touch their hearts. Toyota, which has supported athletes through various activities since its founding, will continue to help make the Hakone Ekiden a sustainable race that is both athlete- and planet-friendly through these initiatives.(*) Conducting technological research to efficiently produce bioethanol fuel for vehicles to achieve carbon neutrality. The seven member companies are ENEOS, Suzuki, Subaru, Daihatsu, Toyota, Toyota Tsusho, and Mazda.List of Provided Vehicles * : Original vehicles for the raceVehicleFY2026 (Actual)FY2027 (Planned)UnitsRace headquarters vehicleCentury* Century (FCEV)1Race headquarters vehicle (return trip only)Land Cruiser 300Crown Sedan (FCEV)1Chairperson's vehicleCentury GRMNCrown Sedan (FCEV)1Joint camera truckLight-duty truckFlatbed type* Light-duty truck (FCEV)Flatbed type1Competitor bus, joint press busCoaster* Coaster (FCEV)4Luggage vehicleHiAce* GranAce (FCEV)1PR vehicle, press vehicleCrownCrown Sedan (FCEV)4Medical vehicleHiAcee-Palette (BEV)1Emergency response vehicleNoahe-Palette (BEV)3Technical administration vehicleLBX MORIZO RRRZ (BEV)1University management vehicleNoah, VoxyNoah, Voxy (HEV) + E10 (provided by ENEOS Corporation)22 "Achieving zero, and adding new value beyond it"As part of efforts to pass our beautiful "Home Planet" to the next generation, Toyota has identified and is helping to solve issues faced by individuals and overall society, which Toyota calls "Achieving Zero," hoping to help reduce the negative impacts caused by these issues to people and the environment to zero. Additionally, Toyota is also looking "Beyond Zero" to create and provide greater value by continuing to diligently seek ways to improve lives and society for the future.About Beyond Zero: https://global.toyota/en/mobility/beyond-zero/Toyota Motor Corporation works to develop and manufacture innovative, safe and high-quality products and services that create happiness by providing mobility for all. We believe that true achievement comes from supporting our customers, partners, employees, and the communities in which we operate. Since our founding over 80 years ago in 1937, we have applied our Guiding Principles in pursuit of a safer, greener and more inclusive society. Today, as we transform into a mobility company developing connected, automated, shared and electrified technologies, we also remain true to our Guiding Principles and many of the United Nations' Sustainable Development Goals to help realize an ever-better world, where everyone is free to move.SDGs Initiatives: https://global.toyota/en/sustainability/sdgs/ Copyright 2025 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com
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MHI Group to Accelerate Development of Digital Talent ACN Newswire

MHI Group to Accelerate Development of Digital Talent

TOKYO, Dec 23, 2025 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries (MHI) Group has set the corporate strategy of Innovative Total Optimization (ITO), which consists of two pillars: "Group-wide optimization" and "scope expansion," aimed at achieving a "virtuous cycle of high profitability and growth investments." (*1) To realize this, MHI Group is accelerating the development of digital innovation (DI) talent to drive its digital transformation (DX).From DI Talent Development to Result Creation CycleDI development program for all employeesMHI Group comprises approximately 300 companies in Japan and overseas, encompassing a wide range of businesses from design, manufacturing, and construction, to sales, after-sales service, and general services. For such diverse businesses to grow sustainably, it is essential for MHI to strengthen its competitiveness by utilizing AI and other digital technologies.Accordingly, MHI Group is implementing a systematic program for DI talent development encompassing all employees at group companies in Japan and overseas, from general employees to senior executives. Furthermore, MHI is actively promoting open innovation by collaborating with external partners and startups to incorporate the world's leading-edge technologies and expertise. These initiatives will facilitate the formation of a global talent network and contribute to the development of highly skilled personnel.Tiered certification system to visualize growthTo put this into practice, MHI has established the DI talent Certification System. Based on the Digital Skill Standards established by Japan's Ministry of Economy, Trade and Industry (METI), MHI regularly updates the corporate group's own human resource model to keep pace with the rapid advancements in digital technology and ensure that it always reflects the latest requirements.There are three levels of certification: Basic, Advanced, and Master. The levels reflect a comprehensive evaluation of each employee's record of training programs completed, status of qualifications, and project experience. In particular, the Master certification is awarded only after a rigorous review by evaluators established by the Digital Innovation Headquarters.(*2)Communities that accelerate transformationTo accelerate DX promotion, MHI has developed communities where employees share knowledge on AI and digital utilization. Specifically, the "Global IT Conference" promotes the use of AI and digital technologies in cooperation with overseas sites; the "AI Salon" holds monthly lectures by experts on AI utilization; and an idea contest gathers innovative business improvement ideas and implements outstanding proposals. As a result, AI and digital utilization are penetrating throughout the company, generating improvement ideas from all business locations.Putting ideas into practiceThrough these community activities, initiatives where employees independently identify issues and shape solutions using digital technologies are expanding. Employees take the lead and work in collaboration with digital specialist organizations to implement an integrated process from problem identification to use case creation, system implementation, and effectiveness verification. Through practice, employees refine their skills and mindset, producing tangible results such as improved operational efficiency and the creation of new business models.MHI Group is accelerating digital talent development for all employees and building a virtuous cycle of DX promotion and value creation through the certification system, education, communities, and practice. Looking ahead, the company aims for the developed DI talent to become the core of DX promotion across the group, driving new value creation and business transformation.(*1) Based on MHI Group's corporate mission of "Combine cutting-edge technology with many years of expertise to provide solutions to the evolving challenges facing the world while enriching people's lives."(*2) MHI Group established the Digital Innovation Headquarters to further accelerate digital innovation to create and provide new value through "smart connections" among its product groups and digital technologies. For more information, see the following press release. https://www.mhi.com/news/22062001.htmlAbout MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2025 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com
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MHI and EXEO Group Build and Begin Commercial Use of Japan’s First GPU Servers with Two-Phase DLC ACN Newswire

MHI and EXEO Group Build and Begin Commercial Use of Japan’s First GPU Servers with Two-Phase DLC

TOKYO, Dec 23, 2025 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) and EXEO Group, Inc. have built and begun commercial use of graphics processing unit (GPU) servers efficiently cooled by two-phase direct-to-chip cooling (two-phase DLC),(1) the first such system in Japan. The location is EXEO Group's data center. GPU servers are being increasingly used in data centers due to the spread of generative AI, and the high heat generated has become a challenge. The introduction of innovative two-phase DLC addresses this problem safely.Conventionally, the main method for cooling GPUs has been air cooling by means of a heat sink.(2) However, the latest GPUs generate heat in the 1,000 to 1,400W range, making it difficult to achieve stable cooling. The main challenges were as follows.The first problem was that the air-cooled system could not cool the GPU sufficiently, leading to concerns about stable operation, and the potential as a factor for output limitation and failure risk. Two-phase DLC directly dissipates heat by means of a cold plate applied directly on the GPU chip, through which liquid and gaseous coolant is circulated, resulting in a heat transfer rate that is an order of magnitude higher than conventional air cooling. This enables stable operation of GPUs with high heat output, while also reducing the failure risk for the entire system.The second issue was that single-phase liquid cooling systems had a risk of damaging the server in the event of a coolant leak. Two-phase DLC ensures safety by using non-conductive refrigerants that are electrically insulating, and so will not short circuit electrical circuits if a leak occurs, preventing damage to servers and other expensive IT equipment. The system can be used with a sense of security.The third challenge was the increase in power consumption from fans with high air volume, as well as auxiliary cooling equipment, which tended to increase CO2 emissions. The highly efficient heat removal with two-phase DLC reduces the power usage of large fans inside the server. This improves the power factor for cooling and lowers PUE(3), reducing energy consumption and environmental impact, and curbing operating costs and the carbon footprint.(4)EXEO Group, to ensure the high cooling efficiency and stable operation of high-performance GPU servers used for generative AI and other functions, has adopted the two-phase DLC system provided by MHI, and begun actual operation and commercial use for the first time in Japan. The combination of MHI's heating and cooling technology with EXEO Group's expertise in building and operating data centers has led to the realization of a one-stop service for GPU servers.Going forward, the two companies will continue to accumulate technologies for system building and operations, meet the needs of continually expanding large-scale data centers, and based on the technological capabilities of both companies, provide highly reliable, one-stop solutions with low environmental impact for data center facilities, to promote green transformation (GX) in the IT sector.(1) Two-phase DLC (Direct Liquid Cooling) uses both liquid and gaseous refrigerant, circulating coolant directly on the GPU chip to remove heat.(2) A heat sink is a device that efficiently dissipates heat from the heat-generating components in electronic devices and machinery, curbing the temperature rise of components.(3) Power Usage Effectiveness (PUE) is an indicator of how efficiently a data center uses power. The closer to 1.0, the greater the efficiency.(4) Carbon footprint is a quantification of the total amount of greenhouse gases emitted directly and indirectly by individuals, companies, products, and services. About MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com. Copyright 2025 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com
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USA EPA Approval Conditions Accepted for Graphene Coating THERMAL-XR(R) ACN Newswire

USA EPA Approval Conditions Accepted for Graphene Coating THERMAL-XR(R)

Brisbane, Australia--(ACN Newswire via SeaPRwire.com - December 22, 2025) - Graphene Manufacturing Group Ltd. (TSXV: GMG) ("GMG" or the "Company") is pleased to provide a business update on the commercialisation progress of THERMAL-XR® ENHANCE.THERMAL-XR®/CoolWorx® USA EPA Approval:The Company is excited to announce it has received and accepted the United States Environmental Protection Agency ("EPA") consent notice approval conditions of the Pre-Manufacture Notice ("PMN") for its THERMAL-XR® ENHANCE graphene coating product. The consent notice conditions from the EPA signify a significant milestone in bringing this product to market in the USA, offering energy savings and enhanced corrosion resistance to USA consumers and businesses alike. The EPA's PMN program ensures the safety and environmental soundness of new chemicals and chemical substances introduced into the United States.The first shipment of THERMAL-XR® ENHANCE will be sent to Nu-Calgon for distribution to be re-sold as "Nu-Calgon CoolWorx® powered by GMG Graphene" upon receipt of the fully signed consent notice from the EPA, which is expected early in the new year.GMG's Managing Director and CEO, Craig Nicol, commented: "This is a very significant milestone for the GMG business – to now get approval conditions to sell into the largest HVAC coating market in the world – the United Sates of America – through our distributor and partner Nu-Calgon."GMG's Chairman and Non-Executive Director, Jack Perkowski, commented: "It is really great for GMG to reach this milestone – for two years, GMG and Nu-Calgon have been progressing through the EPA approval process, and it is great to finally see the consent notice approval conditions come through. This is a big step in the Company's development because the United States is such a big market for air conditioning coatings and Nu-Calgon is a great distribution partner."THERMAL-XR® ENHANCE Development and EPA Approval HistoryMonthSignificant Milestones for THERMAL-XR® powered by GMG GrapheneSeptember 2022GMG acquires THERMAL-XR® manufacturing intellectual property and brand rightsGMG ACQUIRES THERMAL-XR MANUFACTURING INTELLECTUAL PROPERTY AND BRAND RIGHTS AND GRANTS RSUs TO DIRECTORS AND OFFICERS - Graphene Manufacturing Group | GMG (graphenemg.com)December 2022Verified Improved Heat Transfer by The University of Queensland. VERIFIED IMPROVED HEAT TRANSFER ON ALUMINIUM WITH THERMAL-XR® & MARKET UPDATE - Graphene Manufacturing Group | GMG (graphenemg.com)February 2023Approval from Australian Industrial Chemicals Introduction Scheme (AICIS)GMG RECEIVES REGULATORY APPROVAL TO ENABLE SIGNIFICANT COMMERCIAL SALES - Graphene Manufacturing Group | GMG (graphenemg.com)April 2023Total available market for THERMAL-XR® estimated by Company to be > US$28.4 billionGMG ANNOUNCES COMMERCIALISATION PROGRESS OF THERMAL-XR® - Graphene Manufacturing Group | GMG (graphenemg.com)April 2023First order of THERMAL-XR® > $120,000GMG ANNOUNCES COMMERCIALISATION PROGRESS OF THERMAL-XR® - Graphene Manufacturing Group | GMG (graphenemg.com)May 2023Signing of Distributors for Singapore, Thailand, Indonesia & South KoreaGMG SIGNS THERMAL-XR® DISTRIBUTOR AGREEMENTS IN 4 ASIAN COUNTRIES - Graphene Manufacturing Group | GMG (graphenemg.com)June 2023Independently Verified Heat Transfer & Energy SavingsGMG ANNOUNCES INDEPENDENTLY VERIFIED HEAT TRANSFER AND ENERGY SAVINGS RESULTS FROM THERMAL-XR® - Graphene Manufacturing Group | GMG (graphenemg.com)July 2023Signing of Nu-Calgon Distribution for North America – USA, Canada, Mexico, & Caribbean.GMG APPOINTS NU-CALGON AS THERMAL-XR® DISTRIBUTOR FOR NORTH AMERICA - Graphene Manufacturing Group | GMG (graphenemg.com)August 2023Commissioning of THERMAL-XR® Coating Bulk Blend PlantGMG PROVIDES COMMERCIALISATION PROGRESS OF THERMAL-XR® - Graphene Manufacturing Group | GMG (graphenemg.com)October 2023Forward Orders > AU$ 400k – Conditional on Import Approvals for some CountriesGMG PROVIDES COMMERCIALISATION UPDATE ON ENERGY SAVINGS COATING THERMAL-XR® - Graphene Manufacturing Group | GMG (graphenemg.com)December 2023Commissioning of the modular Graphene Production plantGraphene Manufacturing Group Commissions Modular Graphene Production Plant - Graphene Manufacturing Group | GMG (graphenemg.com)January 2024Canada Approval Department of Environment and Climate Change Canada (ECCC)January 2024Launch of Nu-Calgon CoolWorx® powered by GMG Graphene at Chicago AHR Expo 2024.Launch of Nu-Calgon CoolWorx® powered by GMG Graphene at Chicago AHR Expo 2024.April 2024GMG Provides Commercialisation Update on Energy Savings Coating THERMAL-XR®GMG Provides Commercialisation Update on Energy Savings Coating THERMAL-XR®December 2024GMG Reaches Market Commercialisation Milestone on Energy Savings Coating THERMAL-XR®GMG Reaches Market Commercialisation Milestone on Energy Savings Coating THERMAL-XR® About THERMAL-XR® ENHANCE powered by GMG Graphene:THERMAL-XR® ENHANCE coating system is a unique method of improving the conductivity of corroded heat exchange surfaces and improving and maintaining the performance of new units at peak levels. The process coats and protects heat exchange surfaces while improving and rebuilding the lost corroded thermal conductivity and increasing the heat transfer rate by leveraging the physics of GMG Graphene, resulting in an efficiency improvement and a potential power reduction.THERMAL-XR® ENHANCE is now patented for 20 years in Australia and is expected to be patented in other countries around the world.About GMG:GMG is an Australian based clean-technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications.The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has initially focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries"). GMG has also developed a graphene additive slurry that is aimed to improve the performance of lithium-ion batteries.GMG's 4 critical business objectives are:Produce Graphene and improve/scale cell production processesBuild Revenue from Energy Savings ProductsDevelop Next-Generation BatteryDevelop Supply Chain, Partners & Project Execution CapabilityFor further information please contact:Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.Cautionary Note Regarding Forward-Looking Statements This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, the energy savings and enhanced corrosion resistance of the THERMAL-XR® ENHANCE graphene coating product, intentions as to the first shipment of THERMAL-XR® ENHANCE, expectations for receipt of a fully signed consent notice from the EPA. Such forward-looking statements are based on a number of assumptions of management, including the receipt of a fully signed consent notice from the EPA. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation that GMG does not receive or receive on a timely basis the fully signed consent notice from the and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated November 4, 2025 available for review on the Company's profile at www.sedarplus.ca.Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/278794 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Saat & Saat Acquires Turkish Apparel Leader Aydinli Group, Expanding U.S. Polo Assn. Markets Across Turkey, the Middle East, Eastern Europe, and North Africa ACN Newswire

Saat & Saat Acquires Turkish Apparel Leader Aydinli Group, Expanding U.S. Polo Assn. Markets Across Turkey, the Middle East, Eastern Europe, and North Africa

WEST PALM BEACH, FL AND ISTANBUL, TURKEY , Dec 22, 2025 - (ACN Newswire via SeaPRwire.com) - USPA Global is pleased to announce the acquisition of Aydinli Hazir Giyim San. Tic. A.S. (Aydinli Group) by HRK Holding A.S. (Saat & Saat). Both entities are licensing partners of U.S. Polo Assn., which is USPA Global's multi-billion-dollar sports brand and the official brand of the United States Polo Association (USPA). As one of the brand's largest partners, the acquisition of Aydinli provides access to more than 50 countries across Turkey, the Middle East, Eastern Europe, and North Africa.With this acquisition of Aydinli, Saat & Saat is expanding the company's regional portfolio alongside its very successful watch business by entering the global apparel industry. With more than nearly 450 U.S. Polo Assn. stores and multiple branded digital sites, U.S. Polo Assn. will continue its record growth. Aydinli is currently one of the leading retail powerhouses in the region, with significant growth potential and a well-established sales network spanning monobrand stores, department stores, and e-commerce channels."We would like to congratulate Ramazan Kaya, as Founder and CEO of Saat & Saat, on the recent acquisition of Aydinli," stated J. Michael Prince, President and CEO of USPA Global, who globally manages the U.S. Polo Assn. brand worldwide. "As a long-time partner of U.S. Polo Assn., we believe this strategic transition will provide our global sports brand the opportunity to elevate and expand our business, targeting $1 billion in retail sales across the region in the coming years.""I would also like to personally thank Mr. Seref Safa, Past Chairman of Aydinli, for his leadership and TMSF for their support over the years. Together, we built a strong foundation that will lead to a bright future," Prince added.Following the successful closing process, Ramazan Kaya, CEO of Saat & Saat, will serve as CEO of Aydinli Group."We're proud to take this important step in our long-standing partnership with U.S. Polo Assn., expanding and strengthening our presence in one of the most dynamic retail markets in the world," said Kaya. "This acquisition allows us to accelerate growth, enhance our capabilities, and position both our company and the brand for a powerful next phase in Turkey, the Middle East, Eastern Europe, and North Africa.""This milestone reflects our shared vision with U.S. Polo Assn. - to elevate an iconic global brand while continuing to innovate and inspire through the lifestyle it represents. The Team at Saat & Saat is energized by the opportunity to shape the future together," Kaya added.The partnership with Aydinli and U.S. Polo Assn. began in 1997, with accelerated growth across the region for nearly 30 years. Among the partnerships, many successes in Istanbul's flagship Istinye Park U.S. Polo Assn. store, completed by Aydinli in 2024. Further, U.S. Polo Assn. has launched nearly a dozen brand-specific websites in the region to enhance digital offerings for customers further and provide easier access to its product offerings, with early results exceeding expectations, reinforcing the authentic connection between the sport and the brand.As one of Turkey and the Middle East's leading casualwear power brands, U.S. Polo Assn. has a retail footprint of more than 1,500 points of sale across more than 50 countries in Turkey, the Middle East, Eastern Europe, and North Africa. With Turkey and the Middle East being one of the global, multi-billion-dollar sports brand's largest markets, the expectation is that U.S. Polo Assn. will be a billion-dollar brand in this region in the coming years. Globally, the U.S. Polo Assn. brand is in 190 countries and has global retail sales of more than $2.5 billion.U.S. Polo Assn. Global Fall 2025 CollectionRamazan Kaya, Founder and CEO of Saat & SaatU.S. Polo Assn. Storefront in Istinye Park, Istanbul, TurkeyAbout U.S. Polo Assn. and USPA GlobalU.S. Polo Assn. is the official sports brand of the United States Polo Association (USPA), the governing body of the sport in the United States, founded in 1890 and based at the USPA National Polo Center (NPC) in Wellington, Florida. This year, U.S. Polo Assn. celebrates 135 years of sports inspiration alongside the USPA. With a multi-billion-dollar global footprint and worldwide distribution through more than 1,200 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide.The brand sponsors major polo events around the world, including the U.S. Open Polo Championship®, held annually at NPC in The Palm Beaches, the premier polo tournament in the United States. Historic deals with ESPN in the United States, TNT and Eurosport in Europe, and Star Sports in India now broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., making the thrilling sport accessible to millions of sports fans globally for the very first time.U.S. Polo Assn. has consistently been named one of the top global sports licensors in the world alongside the NFL, PGA Tour, and Formula 1, according to License Global. In addition, the sport-inspired brand is being recognized internationally with awards for global growth. Due to its tremendous success as a global brand, U.S. Polo Assn. has been featured in Forbes, Fortune, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world. For more information, visit uspoloassnglobal.com and follow @uspoloassn.USPA Global is a subsidiary of the United States Polo Association (USPA) and manages the multi-billion-dollar sports brand, U.S. Polo Assn. USPA Global also manages the subsidiary, Global Polo, which is the worldwide leader in polo sport content. To learn more, visit globalpolo.com or Global Polo on YouTube.About Saat & SaatSaat & Saat's journey began in 1971 with wholesale watch trading. Established in 1994, Saat & Saat leveraged its extensive experience in wholesale to make a strong entry into distribution and retail sectors. In 2005, the company opened its first retail store at Cevahir Shopping Mall, marking its entry into the retail market, and in 2009, it expanded into online sales with the launch of its e-commerce platform www.saatvesaat.com.tr. With a brand awareness rate of 85%, Saat & Saat offers its products through 163 stores and shop-in-shops, 699 dealers and chain store, its website www.saatvesaat.com.tr, all major marketplaces, and an international distribution network in over 30 countries. With 30 years of experience, Saat & Saat provides "Comprehensive Technical Service" for all brands across Turkey.Media Contacts:U.S. Polo Assn. Global:Stacey KovalskyVice President, Global PR & Communicationsskovalsky@uspagl.comSaat & SaatBerfin Albayrakpazarlama@saatvesaat.comSOURCE: USPA Global Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Completion of mandatory buyback of blocked shares

EQS via SeaPRwire.com / 22/12/2025 / 09:10 MSK Solidcore Resources plc (“Solidcore” or the “Company”) announces that the mandatory buyback of shares held under Euroclear has been completed. “I am pleased to confirm the successful completion of the mandatory buyback of the remaining blocked shares. This important milestone strengthens our corporate governance, enhances transparency, and supports further strategic developments focused on shareholder value recovery”, said Vitaly Nesis, CEO of Solidcore Resources plc. Following the issuance of the Restriction Notice on 4 December 2025, the Company has completed the repurchase of 123,408,853 shares (the “Restricted Shares”) under the Restricted Share Buyback Agreement with Euroclear, and paid the total buyback consideration of AED 288,337,115.84 (“Total Purchase Price”) to a bank account managed by a professional trustee for the benefit of Euroclear. Accordingly, the Restricted Shares qualify as treasury shares and are blocked by the Company’s registrar. The Total Purchase Price was calculated based on 30,544,186 non-treasury shares held through Euroclear and a price per share of US$ 2.57 (“Purchase Price”) converted into AED at an exchange rate of 3.6725[1] AED per one USD. No consideration was paid in respect of those Restricted Shares which are already held on behalf of the Company through Euroclear (i.e., 92,864,667 shares). Pursuant to the Restricted Share Buyback Agreement and the process approved by shareholders at the general meeting on 29 July 2025, Euroclear is entitled to apply to the trustee for a payment of the Total Purchase Price (or any portion thereof) provided only when Euroclear: certifies to the trustee that the payment to Euroclear of the Total Purchase Price (or a respective portion thereof) in consideration for the transfer of the legal title to the Restricted Shares (or a respective portion thereof) and the reconciliation of Euroclear's books and records to reflect such transfer, is lawful under any sanctions which are applicable to Euroclear; undertakes to instruct the Company’s registrar to transfer the Restricted Shares (or any portion thereof) to the Company’s account in the share registry maintained by the registrar, and to reconcile its records to reflect the transfer of a relevant amount of the Restricted Shares to the Company and provides satisfactory evidence of this to the trustee; undertakes to distribute the Total Purchase Price (or a respective portion thereof) to Euroclear's direct participants in discharge of such participants’ book-entry interests in the Restricted Shares; and submits any additional information or documentation the trustee deems necessary to process the payment. Any person with an entitlement to Restricted Shares repurchased from Euroclear should consult with their broker, custodian or depositary through which such entitlement derives in order to claim its interest in any relevant funds from Euroclear. Following the mandatory buyback, the Company holds 123,408,853 shares in treasury, and the total number of shares with voting rights in the Company is 443,146,134. The latter number may be used by shareholders (and others with notification obligations) as the denominator for the calculations by which they will determine if they are required to notify their interest (or a change therein) in Solidcore under the Rule MDR 3.3 of the AIX Market Disclosure Rules. Unless otherwise defined herein, defined terms have the same meaning as those attributed to them in the Circular: https://www.solidcore-resources.com/en/investors-and-media/shareholder-centre/general-meetings/. About Solidcore Solidcore Resources is a leading gold producer registered in AIFC, Kazakhstan, and listed on Astana International Exchange. Solidcore operates two producing gold mines and a major growth project in Kazakhstan. Enquiries Investor Relations Media Kirill Kuznetsov Alina Assanova +7 7172 47 66 55 (Kazakhstan) ir@solidcore-resources.com Yerkin Uderbay +7 7172 47 66 55 (Kazakhstan) media@solidcore-resources.kz DISCLAIMER This release may include statements that are, or may be deemed to be, “forward-looking statements”. These forward-looking statements speak only as at the date of this release. These forward-looking statements can be identified by the use of forward-looking terminology, including the words “targets”, “believes”, “expects”, “aims”, “intends”, “will”, “may”, “anticipates”, “would”, “could” or “should” or similar expressions or, in each case their negative or other variations or by discussion of strategies, plans, objectives, goals, future events or intentions. These forward-looking statements all include matters that are not historical facts. By their nature, such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the company’s control that could cause the actual results, performance or achievements of the company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding the company’s present and future business strategies and the environment in which the company will operate in the future. Forward-looking statements are not guarantees of future performance. There are many factors that could cause the company’s actual results, performance or achievements to differ materially from those expressed in such forward-looking statements. The company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in the company’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based. Astana International Exchange Ltd and its affiliates assume no responsibility for the contents of this announcement, the decision of the Company to proceed with the mandatory buyback, or the terms, mechanics, or consequences of such buyback. Neither AIX nor its affiliates has reviewed or approved the substance of the transaction described herein, expresses any view on its merits, or accepts any liability for any loss or damage arising from, or in connection with, this announcement, the mandatory buyback, or any related corporate actions. The Company remains solely responsible for the accuracy, completeness and fairness of the information contained in this announcement and for ensuring compliance with all applicable laws, regulations, and corporate governance requirements. [1] According to the rate published by the Central Bank of the UAE as of 18 December 2025. 22/12/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Sri Lanka and the Middle East’s top real estate achievements recognised at 2025 PropertyGuru Asia Property Awards ACN Newswire

Sri Lanka and the Middle East’s top real estate achievements recognised at 2025 PropertyGuru Asia Property Awards

LUXURIOUS DEVELOPMENTS, SPANNING PRIME DISTRICTS IN THE UAE AND COASTAL CITIES IN SRI LANKA, SET NEW BENCHMARKS IN REAL ESTATE EXCELLENCEBANGKOK, Dec 22, 2025 - (ACN Newswire via SeaPRwire.com) - The 2025 PropertyGuru Asia Property Awards recognised real estate excellence from Sri Lanka and the Middle East today during the International Luncheon at The Athenee Hotel, a Luxury Collection Hotel, Bangkok.Home Lands Group of Companies won the coveted titles of Best Developer and Best Lifestyle Developer at the 2025 PropertyGuru Asia Property Awards (Sri Lanka). The developer was also honoured for the projects Pentara Residencies - Thummulla Handiya "The Address in Colombo", winner of Best Luxury Condo Development (Colombo); Santorini Resort Apartments & Residencies, Negombo, winner of Best Completed Condo Development; and Bayfonte Marina Resort Apartments & Villas, Negombo, winner of Best Waterfront Condo Development.Other Sri Lankan winners were Groundworth (Pvt) Ltd, recipient of the Special Recognition for Land Investments, and Urbanspace Interiors Pvt Ltd., winner of Best Condo Interior Design for the Pentara Model Apartment.Chedi Hospitality showcased the finest real estate in the Middle East. The luxury hotel group was awarded Best Branded Residential Development (UAE) for The Chedi Private Residences, Sheikh Zayed Road, Dubai, United Arab Emirates.Jules Kay, general manager of PropertyGuru Asia Property Awards and Events, said: “South Asia and the Middle East offer investors and end-users alike compelling value propositions with a variety of property types, including luxury branded residences, curated lifestyle concepts, and more. From prime districts in the UAE to coastal cities in Sri Lanka, these markets present developments that take advantage of their location and visual appeal. This year's winners provide a solid foundation for the next generation of developers to build upon.”Dr. Nirmal De Silva, chairperson of the judging panel of the PropertyGuru Asia Property Awards (Sri Lanka) and director and CEO of Paramount Realty, said: “Grounded in ambition and shaped by the island's unique natural beauty, Sri Lanka's real estate market deserves these moments of recognition. From the luxury condominiums and waterfront residences of Colombo and Negombo to the masterful interior designs that modernise island living, these achievements not only exemplify real estate excellence but also embrace the distinctive context and character of this remarkable island. Congratulations to all our winners in Sri Lanka.”The 2025 PropertyGuru Asia Property Awards (Sri Lanka) featured an independent panel of judges, including Dr. Nirmal De Silva; Emeritus Prof. Chitra Weddikkara, managing director of QServe Pte Ltd.; Roshan Madawela, founding director and CEO of the Research Intelligence Unit (RIUNIT); Nandike D. Samaranayake, chartered architect, AIA (SL); and Stephanie Balendra, director of Homes N Spaces Lanka Properties (Pvt) Ltd.The 2025 PropertyGuru Asia Property Awards (Middle East) featured a separate independent panel, composed of Sam Issa, managing director of Realpoint Real Estate Consultancy LLC; Chelsea Elise Perino, managing director of Global Marketing & Communications at The Executive Centre; Imad Damrah, managing director - KSA at Colliers International; James A. Kaplan, CEO of Destination Capital Company Limited; and Stephen Oehme, director of Quantum Analysis PTE LTD Singapore.Dinuk Hettiarachchi, managing partner of HLB Sri Lanka, represented by Nihal Hettiarachchi & Company, Chartered Accountants, supervised the judging process for Sri Lanka. The selection process for the Middle East was supervised by HLB under the leadership of Lavin Nalinababu and Khalid Otain.Winners from Sri Lanka and the Middle East later vied for the Best in Asia titles at the 20th PropertyGuru Asia Property Awards Grand Final, also held on 12 December 2025 in Bangkok, Thailand.Home Lands Group of Companies was proclaimed Best Lifestyle Developer (Asia) while Pentara Model Apartment by Urbanspace Interiors Pvt Ltd. was awarded Best Condo Interior Design (Asia).The Chedi Private Residences, Sheikh Zayed Road, Dubai, United Arab Emirates by Chedi Hospitality went on to win the Best Branded Residential Development (Asia) title.The 2025 PropertyGuru Asia Property Awards Grand Final honours top winners from the PropertyGuru Asia Property Awards’ series of events across Australia, Hong Kong, Indonesia, Japan, Macau, Mainland China, Malaysia, the Middle East, the Philippines, Singapore, Sri Lanka, Thailand, and Vietnam.The 2025 PropertyGuru Asia Property Awards (Sri Lanka) and 2025 PropertyGuru Asia Property Awards (Middle East) are supported by official property portal PropertyGuru; official magazine Property Report by PropertyGuru; and official supervisor HLB.For more information, email awards@propertyguru.com or visit the official website: AsiaPropertyAwards.com.COMPLETE LIST OF WINNERS2025 PropertyGuru Asia Property Awards (Sri Lanka)DEVELOPER AWARDSBest DeveloperWINNER: Home Lands Group of CompaniesBest Lifestyle Developer WINNER: Home Lands Group of CompaniesDEVELOPMENT AWARDSBest Luxury Condo Development (Colombo)WINNER: Pentara Residencies - Thummulla Handiya "The Address in Colombo" by Home Lands Group of CompaniesBest Completed Condo Development WINNER: Santorini Resort Apartments & Residencies, Negombo by Home Lands Group of CompaniesBest Waterfront Condo Development WINNER: Bayfonte Marina Resort Apartments & Villas, Negombo by Home Lands Group of CompaniesDESIGN AWARDBest Condo Interior Design WINNER: Pentara Model Apartment by Urbanspace Interiors Pvt Ltd.SPECIAL AWARDSpecial Recognition for Land InvestmentsWINNER: Groundworth (Pvt) Ltd2025 PropertyGuru Asia Property Awards (Middle East)DEVELOPMENT AWARDBest Branded Residential Development (UAE)WINNER: The Chedi Private Residences, Sheikh Zayed Road, Dubai, United Arab Emirates by Chedi Hospitality ABOUT PROPERTYGURU GROUP:PropertyGuru is Southeast Asia’s leading1 PropTech company, and the preferred destination for over 32 million property seekers monthly2 to connect with over 50,000 agents3 monthly to find their dream home. PropertyGuru empowers property seekers with more than 2.1 million real estate listings4, in-depth insights, and solutions that enable them to make confident property decisions across Singapore, Malaysia, Thailand, and Vietnam.PropertyGuru.com.sg was launched in Singapore in 2007 and since then, PropertyGuru Group has made the property journey a transparent one for property seekers in Southeast Asia. In the last 18 years, PropertyGuru has grown into a high-growth PropTech company with a robust portfolio including leading property marketplaces and award-winning mobile apps across its markets in Singapore, Malaysia, Vietnam, and Thailand as well as the region’s biggest and most respected industry recognition platform – PropertyGuru Asia Property Awards, events, and publications across Asia.For more information, please visit: PropertyGuruGroup.com; PropertyGuru Group on LinkedIn.(1) Based on SimilarWeb data between July 2024 and December 2024.(2) Based on Google Analytics data between July 2024 and December 2024.(3) Based on data between October 2024 and December 2024.(4) Based on data between July 2024 and December 2024.PROPERTYGURU CONTACTS:General Enquiries:Richard Allan Aquino, Head of Brand & Marketing ServicesM: +66 92 954 4154E: allan@propertyguru.com Sales, Nominations, & Sponsorships:Udomluk Suwan, Sales DirectorM: +66 87 699 4433E: may@propertyguru.comMedia & Partnerships:Nate Dacua, Senior Manager, Media and Marketing ServicesM: +66 92 701 2510E: nate@propertyguru.comPiyachanok Raungpaka, Senior Media & Marketing Services ExecutiveM: +66 94 887 5163E: piyachanok@propertyguru.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Asia Pricing Professionals Launches Major 2026 Expansion with Global Certification Partnership and Two Flagship Conferences in Singapore SeaPRwire

Asia Pricing Professionals Launches Major 2026 Expansion with Global Certification Partnership and Two Flagship Conferences in Singapore

Singapore – December 22, 2025 – (SeaPRwire) – Asia Pricing Professionals (APP), the leading pricing and commercial excellence community in Asia-Pacific, today announced a major expansion of its professional development, certification, and community platform for 2026. The expanded portfolio positions APP as the region’s most comprehensive ecosystem for pricing, value management, and revenue excellence. Central to the 2026 expansion is a strategic partnership with the Professional Pricing Society (PPS), connecting global best practices with regional execution to support individuals, teams, and organizations as pricing evolves into a strategic, AI-enabled business capability. Comprehensive Pricing Training & Global Certifications From 2026, APP members will gain access to 100+ on-demand pricing courses through its collaboration with PPS, covering the full pricing and monetization lifecycle — from foundational principles to advanced real-world application. The curriculum spans: Pricing strategy and value creation Pricing analytics and data-driven decision-making Execution, governance, and price realization Negotiation and deal pricing SaaS and XaaS monetization models AI-enabled pricing and advanced analytics Organizational design and change management In addition, APP will offer globally recognized certifications, including the Certified Pricing Professional (CPP®) designation — the only worldwide credential synthesizing the art and science of pricing — and a new AI Pricing Certification, designed to help professionals apply artificial intelligence responsibly and effectively in pricing, forecasting, and commercial decision-making. Two Flagship APP Conferences in Singapore (2026) As part of its expanded offering, APP will host two one-day flagship conferences in Singapore in 2026, bringing together senior pricing, commercial, and revenue leaders from across Asia-Pacific. APP Conference 1 5 March 2026 | Singapore Theme: Smart Value: AI and the Future of Pricing & Revenue Growth The conference will explore how AI, analytics, and advanced pricing capabilities are transforming value creation, pricing decisions, and sustainable revenue growth. Key topics include AI-driven pricing, predictive analytics, price corridors, deal pricing, execution excellence, and ethics and governance in AI-enabled pricing. APP Conference 2 15 October 2026 | Singapore Theme: Total Revenue Excellence: Integrating Pricing, Profitability & Commercial Performance This event will focus on breaking organizational silos between Pricing, Sales, Finance, Revenue Management, and Commercial Operations to drive end-to-end revenue and profit performance. Key topics include deal desk design, discount discipline, KPI alignment, commercial operating models, and scaling revenue excellence across regions. Face-to-Face Training & Regional Networking Immediately following each conference, APP will deliver in-person, instructor-led training programs in Singapore on 6 March and 16 October 2026. These hands-on sessions focus on applied execution and advanced case work, and both count toward CPP® certification credits. In the second half of 2026, APP will also launch its “Five Big Cities” Networking Tour, with events planned in: Bangkok Jakarta Manila Shanghai Singapore Each event will feature curated networking, practitioner roundtables, and thought leadership discussions, strengthening APP’s role as a regional connector between local markets and global best practices. An Integrated Pricing Ecosystem for Asia-Pacific Together, APP’s training, certifications, conferences, live programs, and regional networking form a single integrated ecosystem designed to: Build pricing and commercial capability at scale Bridge theory with real-world execution Support career progression and organizational maturity Advance ethical, data-driven, and AI-enabled pricing across Asia-Pacific About Asia Pricing Professionals (APP) Founded in 2010, Asia Pricing Professionals is a not-for-profit community dedicated to advancing pricing, value management, and commercial excellence across Asia-Pacific. APP connects practitioners, leaders, and organizations through education, certification, events, and peer collaboration. Social Links LinkedIn: https://www.linkedin.com/groups/3813123/ Instagram: https://www.instagram.com/asiapricingprofessionals Media contact Brand: Asia Pricing Professionals Contact: Media team Email: deepaksood@asiapricingprofessionals.org Website: https://asiapricingprofessionals.org
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A New Benchmark for Specialized Technology Stocks in Hong Kong! CiDi’s Listing Marks a New Chapter in Commercial Intelligent Driving

HONG KONG, December 19, 2025 - (ACN Newswire via SeaPRwire.com) – The Hong Kong stock market has welcomed another “hard tech” listed company. On 19 December, China’s leading provider of intelligent driving products and solutions for commercial vehicles, CiDi Inc. (“CiDi”, 3881.HK), officially listed on the Main Board of the Hong Kong Stock Exchange.In the global transformation of the autonomous driving industry from the phase of technological exploration to the phase of commercial realization, CiDi has demonstrated a development trajectory distinct from that of most peers. Transitioning from early-stage project validation to long-term operations, CiDi has established a scalable business model and gradually emerged as one of the representative enterprises in autonomous driving for closed environments. Revolution in Technological Architecture: From Scenario Adaptation to Optimal Cost and EfficiencyWithin the autonomous driving industry chain, the commercialization progress in closed environments far exceeds that on open roads. Heavy-load transportation scenarios, such as mining and ports, place extremely high demands on efficiency, safety, and stability, while also having long-term and rigid needs. This makes them the earliest areas where autonomous driving has achieved large-scale implementation.In this area, CiDi has established a differentiated competitive advantage by creating a highly flexible “mesh” technological architecture to maximize overall system performance. The company abstracts core technologies such as autonomous driving algorithms, perception systems, and decision-making planning into pluggable modules. Under a unified underlying framework, these modules can be quickly combined and reconfigured to meet the specific requirements of different closed environments.This “grid-based” capability brings three major commercial advantages: First, it enables efficient cross-scenario migration. The results of each technological breakthrough are solidified as foundational capabilities of the platform, empowering the next new scenario. Second, it leads to significant cost optimization. Built on a unified platform, data can flow seamlessly, and capabilities can be reused, achieving a structural reduction in R&D costs. It also provides customers with more choices while lowering marketing expenses. Finally, it facilitates technological and performance advancement. Through scenario validation, the efficiency of technological iteration is accelerated, driving continuous improvement in product performance.Precision Targeting of “Essential Demand Arteries” with Validated Economic ModelsThe ultimate test for any cutting-edge technology is its ability to solve real problems and deliver tangible value. CiDi has focused on mining, a core scenario characterized by rigid demand and a clear economic rationale, to build a solid market barrier.Open-pit mines, characterized by their hazardous conditions, pollution, remoteness, and large scale, face multiple challenges including high labor costs, frequent safety risks, and low operational efficiency. “METAMINE” solution launched by CiDi directly addresses industry pain points by integrating perception technology, high-precision positioning, and fleet coordination system, enabling fully automated operations, including autonomous loading, transportation, and unloading of unmanned mining trucks, demonstrating its value through a quantifiable economic model. According to certification from the National Institute of Metrology of China, the mining efficiency of CiDi’s autonomous mining trucks has reached 104% of that of human-driven mining trucks.Based on industry realities, considering the costs and practical challenges associated with a full transition to autonomous mining operations, CiDi has developed a mixed-operation model, combining human-driven and autonomous vehicles, which represents the most feasible transitional solution at the current stage, successfully leading to the implementation of benchmark projects, including the world’s largest driverless mining fleet operating with manned vehicles and the world’s largest mixed-operation miningAs of 30 June 2025, the company has delivered 414 (sets of) autonomous mining trucks (systems) to customers and has received indicative orders for 647 (sets of) autonomous mining trucks (systems). The scale of deliveries and the continuous growth in order reserves further validate the maturity of its business model and its recognition in the market.Financial Advancement: Approaching the Profitability Turning PointIn recent years, CiDi has demonstrated accelerating growth in its financial performance. Revenue increased from RMB31.1 million in 2022 to RMB410 million in 2024 with a CAGR of 263.1%. In the first half of 2025, revenue further increased to RMB408 million, representing a year-on-year increase of 57.9% and sustaining robust momentum.With the increasing modularity of products and the accumulation of delivery experience, the company’s project profitability has continued to improve, driving sustained enhancement in its profitability. From 2022 to 2024, the adjusted net losses amounted to RMB159 million, RMB138 million and RMB127 million, respectively, and the adjusted net loss margin decreased significantly from 511.5% to 30.9%, which further dropped to 27.2% in the first half of 2025. As revenue scales up, the loss margin is being rapidly diluted. This trend signals that the company is steadily transitioning from a high-investment “technology validation phase” into a “scaled monetization phase”.In addition, diversified synergy has further enhanced the operational stability of CiDi. Leveraging its foundation of full-stack independent research and development integrating both hardware and software, CiDi has established three business segments such as autonomous driving, V2X, and intelligent perception. Among these, autonomous driving and V2X respectively shoulder the “intelligent” and “interconnected” missions. They support and reinforce each other, acting as the dual drivers for the implementation of high-level autonomous driving. Meanwhile, the intelligent perception business plays the role of a “cash flow supplement”. It applies mature functionalities from cutting-edge technologies to mid- to low-dimensional scenarios, such as train safety perception and commercial fleet management, enabling rapid technology monetization and providing the company with a steady stream of cash flow support.The listing of CiDi coincides with a period of triple tailwinds for the commercial intelligent driving industry, including policy support, technological maturity, and surging demand. By leveraging its unique technological architecture to precisely target closed environments, along with a validated economic model and a continuously optimized financial flywheel, CiDi has demonstrated a clear path for the industry from technological implementation to commercial closure, and from scale growth to the turning point of profitability. As the commercialization of autonomous driving truly enters a harvest phase, CiDi stands out as one of the most compelling targets for long-term capital market attention. With its platform capabilities set to replicate across more closed and semi-closed scenarios, and as it accelerates into the vast global market, its long-term growth potential is highly promising. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Dubai Broker Releases Market Outlook Highlighting Expo City and Dubai Islands as Emerging Residential Growth Areas

EQS via SeaPRwire.com / 19/12/2025 / 10:00 UTC+8 Dubai, UAE - December 19, 2025 - (SeaPRwire) - Kamil Magomedov, an investment-focused real estate broker at Provident Estate, has released a new market outlook analyzing Dubai’s next phase of residential development, identifying Expo City Dubai, Dubai Islands, and the Dubai Water Canal corridor as emerging growth areas shaped by long-term master planning and infrastructure expansion. Dubai broker Kamil Magomedov anticipates demand, guiding investors to strategic properties by analyzing city master plans. His methods set him apart among industry peers as he prioritizes long-term residential gains and connects investor goals with urban growth and future infrastructure enhancements. Photo Courtesy of Kamil Magomedov Kamil Magomedov, a leading real estate expert and broker based in Dubai, is helping investors succeed by applying deep knowledge from city-building and investment strategy. While many brokers respond to press releases, Magomedov studies Dubai’s master plans to spot high-growth opportunities before they enter mainstream conversations. With years of experience as the former head of a government agency for investment development in Russia and as a national project leader responsible for the master plan of a city for 300,000 residents, Magomedov finds potential where others see untouched land. “When you’ve been on the side designing a city, you look at Dubai very differently. You see the logic before the buildings appear, the footfall, the infrastructure, the lifestyle ecosystem that will shape value,” says Magomedov. A recent example is Expo City Dubai. When His Highness Sheikh Mohammed bin Rashid Al Maktoum approved its master plan, much of the market doubted the future of the former Expo 2020 site. Magomedov, however, recognized a blueprint for one of Dubai’s most important future growth centers. He promptly informed his investor base and guided purchases in top locations near the entrance to the exhibition centre, areas mostly overlooked by agents. When major events and the World Trade Center relocate to Expo City by late 2026, the demand for residential units will significantly outnumber available options. This creates an opportunity for strong rental yields for Magomedov’s early-entry investors. “We entered early. By the time others realised why Expo City mattered, our investors were already holding the prime inventory, properties that will deliver 15–18 percent rental yields once events move in,” he says. Magomedov uses the same strategy on Dubai Islands along the waterfront. Here, he advises investors on Mr Eight, Rixos Residences, Imtiaz Beachwalk 1 & 3, and Grande, which offer daily amenities for residents, not just visitors. He notes, “Beach-access homes built for residents are in massive scarcity. Most beach projects were made for short stays. Dubai Islands change that, it brings everyday infrastructure to the shoreline.” Choosing highly walkable micro-zones on the islands, in his view, supports long-term value and rental performance. Further north along Dubai Water Canal, Magomedov sees the start of what will be Dubai’s “Mayfair or Fifth Avenue,” where prestigious properties like Muraba Veil and The Rings by PMR set new benchmarks for luxury living. “Not many understand that each city has the most valuable strip of land with the most valuable projects, and in Dubai that place is just emerging,” he notes. Magomedov continues to put his clients in properties along the Canal, suited to lasting value rather than fast turnover. Magomedov approaches real estate through the lens of urban logic rather than only numbers. While many agents focus on price per square foot, he considers the future residents, how infrastructure will support them, and demographic and visitor projections to calculate long-term value. “The average broker looks at today’s floor plan. I look at tomorrow’s skyline. Because I’ve built cities, I know how cities grow,” Magomedov says. This way of working, shaped by practical experience in planning and investment, has resulted in some of Dubai’s most lucrative property deals, often completed quietly, but noticeable in market results. His formula for success stays simple: Read the master plan, not the marketing brochure; invest before a location is accepted by the wider market, especially in places others doubt but where planning provides a future; and choose homes based on what future residents will want, not just what is currently popular. This lets Magomedov consistently “see the city before it’s built.” Dubai’s investor mix is also seeing change. Magomedov remarks on the movement from quick-flip buyers to thoughtful, rational buyers, including family offices and European investors from the UK, Germany, Italy, and the Netherlands. “They want to know exactly what they’re paying for, why, and how that property fits the city’s long-term direction. That’s why the master-plan approach resonates,” Magomedov explains. Magomedov believes Dubai’s next in-demand areas will be those where long-term livability meets liquidity. He adds, “The smart investor today buys into the city of tomorrow. That means choosing projects that make sense ten years from now, not ten weeks,” he says. With over twelve years spent in leadership and urban planning, Kamil Magomedov’s property market analysis is widely followed for translating complex city plans into practical investment moves. His YouTube channel offers steady guidance for investors exploring Dubai’s emerging areas such as Expo City, Dubai Islands, and Dubai Water Canal, and has grown into a widely-trusted resource for understanding the city’s property market. Kamil Magomedov is investment-focused real estate broker at Provident Estate in Dubai. He specializes in guiding international investors, offering strategic property solutions across residential, commercial, and luxury segments while drawing on a strong background in city planning and investment management. Media Contact Company: Provident Estate Contact: Kamil Magomedov Telephone: +971501610143 Email: kamil@providentestate.com Website: https://providentestate.com 19/12/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Air T, Inc. Announces Closing of Regional Express Acquisition ACN Newswire

Air T, Inc. Announces Closing of Regional Express Acquisition

MINNEAPOLIS, MN, Dec 19, 2025 - (ACN Newswire via SeaPRwire.com) - Air T, Inc. (NASDAQ:AIRT) is pleased to announce the successful closing of its acquisition of Regional Express Holdings Limited (Rex), Australia's leading regional airline. Air T now owns 100% of Rex and looks forward to beginning a new chapter for Rex and the regional communities it serves across Australia.The transaction includes a comprehensive financing structure designed to support Rex's operations and future growth:Air T is providing a $50 million AUD credit facility that is funded by one of our investor partners. We anticipate that Rex will use this facility to bring its fleet fully back into service, from approximately 31 flyers currently to 45 flyers within the next two years.The Commonwealth of Australia will continue to be a secured creditor of Rex.Rex will have access to an additional undrawn $60 million AUD loan from the Commonwealth of Australia to support the overhaul of its current fleet of Saab 340s and general operations.This financing arrangement reflects the collaborative approach taken by Air T, the Commonwealth of Australia, and other stakeholders to assure Rex thrives for the long-term and continues to service regional Australians. A strong Rex is good for Australia."We are excited to welcome Rex to Air T and to continue the important work of strengthening regional aviation in Australia," said Nick Swenson, Chief Executive Officer of Air T, Inc. "Rex serves communities that depend on reliable air service, and we are committed to ensuring the airline operates on a sustainable basis for the long term. This acquisition aligns with our strategy of investing in essential aviation businesses with strong fundamentals, great management teams and meaningful roles in their markets."Neville Howell, Chief Executive Officer of Regional Express commented, "The acquisition by Air T marks not just the resolution of a challenging chapter, but the beginning of a revitalised one. It is the outcome of disciplined planning, principled decision-making and an unwavering commitment to the regional communities we exist for. With renewed strength and clarity, we move forward, not defined by the turbulence behind us, but by the possibilities ahead.As we move forward, we will remain true to our core. We are an airline with a responsibility to connect Australians, and we will approach this next chapter with the same pragmatism, care and resolve that guided us through the challenges behind us. This partnership does not redefine Rex. It strengthens our capacity to honour the purpose that has always defined us; to serve the regions that built us, with our heart firmly in the country."Air T and Rex are grateful for the support and collaboration of the Administrators, the Commonwealth of Australia, Rex's creditors, and all stakeholders throughout this process.NOTE REGARDING STAKEHOLDER QUESTIONSIf you have questions related to this release or other Air T matters, please use our interactive Q&A capability, through Slido.com, accessible from our website, to submit your questions. We intend to keep that link open and available for shareholder questions. Questions submitted through Slido will be answered "live" and in writing at our Annual Meeting, and via a written response on a quarterly basis. Note that legal and pragmatic requirements restrict us from answering every question posted, yet we intend to address all reasonable and relevant questions with a written answer.ABOUT AIR T, INC.Established in 1980, Air T Inc. is a portfolio of powerful businesses and financial assets, each of which is independent yet interrelated. Its core segments are overnight air cargo, ground equipment sales, commercial jet engines and parts, and corporate and other. We seek to expand, strengthen and diversify Air T's after-tax cash flow per share. Our goal is to build Air T's core businesses, and when appropriate, to expand into adjacent and other industries. We seek to activate growth and overcome challenges while delivering meaningful value for all stakeholders. For more information, visit www.airt.com.ABOUT REXEstablished in 2002, Rex is Australia's largest independent regional airline serving regional and remote communities throughout all states in Australia. Rex has the world's largest fleet of Saab 340 aircraft operating over 1,000 flights per week.In addition to the airline, the Rex Group includes two professional pilot training campuses, the Australian Airline Pilot Academy (AAPA) in Wagga Wagga, NSW and Ballarat, VIC and the propeller maintenance overhaul facility, the Australian Aerospace Propeller Maintenance (AAPM) based in Dingley, VIC.CONTACTTracy Kennedytkennedy@airt.comFORWARD-LOOKING STATEMENTSCertain statements in this press release are "forward-looking" statements within the meaning of the Private Securities Litigation Reform Act of 1995 with respect to the Company's financial condition, results of operations, plans, objectives, future performance and business. Forward-looking statements include those preceded by, followed by or that include the words "believes", "pending", "future", "expects," "anticipates," "estimates," "depends" or similar expressions. These forward-looking statements involve risks and uncertainties. Actual results may differ materially from those contemplated by such forward-looking statements, because of, among other things, potential risks and uncertainties, such as:An inability to finance our operations through bank or other financing or through the sale of issuance of debt or equity securities;Economic and industry conditions in the Company's markets;The risk that contracts with FedEx could be terminated or adversely modified;The risk that the number of aircraft operated for FedEx will be reduced;The risk that GGS customers will defer or reduce significant orders for deicing equipment;The impact of any terrorist activities on United States soil or abroad;The Company's ability to manage its cost structure for operating expenses, or unanticipated capital requirements, and match them to shifting customer service requirements and production volume levels;The Company's ability to meet debt service covenants and to refinance existing debt obligations;The risk of injury or other damage arising from accidents involving the Company's overnight air cargo operations, equipment or parts sold and/or services provided;Market acceptance of the Company's commercial and military equipment and services;Competition from other providers of similar equipment and services;Changes in government regulation and technology;Changes in the value of marketable securities held as investments;Mild winter weather conditions reducing the demand for deicing equipment;Market acceptance and operational success of the Company's commercial jet engines and parts segment or its aircraft asset management business and related aircraft capital joint venture; andDespite our current indebtedness levels, we and our subsidiaries may still be able to incur substantially more debt, which could further exacerbate the risks associated with our substantial leverage.A forward-looking statement is neither a prediction nor a guarantee of future events or circumstances, and those future events or circumstances may not occur. We are under no obligation, and we expressly disclaim any obligation, to update or alter any forward-looking statements, whether as a result of new information, future events or otherwise.SOURCE: Air T, Inc. Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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MHI Participates in Demonstration Testing of Vehicle-Infrastructure Integration System for Autonomous Buses in Shimotsuke City ACN Newswire

MHI Participates in Demonstration Testing of Vehicle-Infrastructure Integration System for Autonomous Buses in Shimotsuke City

TOKYO, Dec 19, 2025 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) is participating in demonstration testing of a vehicle-infrastructure integration system(1) for autonomous buses on a local bus line in Shimotsuke City, Tochigi Prefecture. This is part of an initiative to promote and expand unmanned autonomous transportation services in the Shimotsuke and Oyama area(2). The testing will take place on the Jichi Medical University Line for a period of around 2.5 months from 15th December. Testing will be conducted by the Kanto Regional Development Bureau of the Ministry of Land, Infrastructure, Transport and Tourism (MLIT) and coordinated by Nippon Koei Co., Ltd. MHI has received an order from Nippon Koei to oversee the installation and removal of the vehicle-infrastructure integration system and the collection of data. The demonstration testing of the vehicle-infrastructure integration system will be conducted in cooperation with the demonstration testing of autonomous buses implemented in collaboration with Tochigi Prefecture, Shimotsuke City, and the transportation operator Kanto Transportation, Inc., with support from MLIT.This demonstration testing will verify whether the vehicle-infrastructure integration system can support the safe and smooth operation of autonomous buses by detecting and sending peripheral information when autonomous buses depart.MHI's vehicle-infrastructure integration system combines camera images and AI image analysis to detect and track other vehicles and pedestrians on the road, convert this input into information such as position and direction and speed of travel, and send this to autonomous vehicles as object data. AI image analysis of images also enables identification of vehicles, including trucks, cars, and motorcycles. Comparatively low-priced monocular optical cameras are used as sensors with the aim of setting prices that allow the system to be introduced widely.MHI already has experience with vehicle-infrastructure integration systems due to past work such as testing to improve safety by enabling autonomous buses to detect oncoming vehicles from side roads at intersections, which are blind spots for autonomous buses, and to detect vehicles approaching from the opposite direction when making a right turn.MHI will continue to contribute to ensuring the availability of public transportation networks by maintaining bus lines facing manpower shortage through means such as promoting the development of vehicle-infrastructure integration systems and other operational support systems and actively rolling out solutions-based activities for the adoption of autonomous buses in society.Overview of demonstration testing- Period: December 15, 2025 - end of February 2026- Line and section: Jichi Medical University Station stop to Jichi Medical University Hospital stop on the Jichi Medical University Line- Nature of testing1. When an autonomous bus departs from a bus stop set up at the rotary at JR Jichi Medical University Station, the vehicle-infrastructure integration system will detect a vehicle approaching from a holding area located diagonally behind and to the right (center of the rotary) and the necessary information, such as the position and speed, will be sent to the autonomous bus. This will address the issue of vehicles approaching diagonally from behind and to the right, a case where there is not much time for detection with an onboard sensor, assisting in safe departures from bus stops.2. When a car is stopped at or near the bus stop at the JR Jichi Medical University Station rotary, the vehicle-infrastructure integration system will detect them and instruct the driver of the car to move, enabling smooth operation of the autonomous bus.(1) The vehicle-infrastructure integration system for this demonstration testing is driving support technology developed for autonomous vehicles and connected cars. The system uses sensors on the ground to detect information on the road that cannot be directly seen, or cannot easily be seen, by the vehicle, and sends the data to the vehicle. This allows the vehicle to more accurately assess its surroundings, enabling safer and more efficient driving.(2) In Tochigi Prefecture, efforts are underway to promote and expand unmanned autonomous transportation services through various demonstration experiments conducted in collaboration with Tochigi Prefecture, Shimotsuke City, Oyama City, and the transportation operator Kanto Transportation, Inc. This fiscal year, Shimotsuke City aims to achieve demonstration operations at Level 4 autonomy.Illustration of support for autonomous buses by vehicle-infrastructure integration systemIllustration of prevention of cars from stopping at the bus stop by the vehicle-infrastructure integration systemAbout MHI GroupMitsubishi Heavy Industries (MHI) Group is one of the world’s leading industrial groups, spanning energy, smart infrastructure, industrial machinery, aerospace and defense. MHI Group combines cutting-edge technology with deep experience to deliver innovative, integrated solutions that help to realize a carbon neutral world, improve the quality of life and ensure a safer world. For more information, please visit www.mhi.com or follow our insights and stories on spectra.mhi.com Copyright 2025 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com
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NEC and emaratech Collaborate on Biometric Smart Gates Supporting UAE Airport Operations ACN Newswire

NEC and emaratech Collaborate on Biometric Smart Gates Supporting UAE Airport Operations

DUBAI, UAE, Dec 19, 2025 - (JCN Newswire via SeaPRwire.com) - NEC, a global leader in biometric and identity solutions, has teamed up with emaratech, the UAE’s leading digital identity and border control provider, to deploy six advanced biometric smart gates at the crew immigration area within flydubai’s Airport Operations Centre in Dubai. The solution enables secure, contactless identity verification for airline crew, streamlining clearance processes in one of the world’s busiest airport environments.Using NEC’s NeoFace Express X5 facepods, crew identities are authenticated almost instantly. This replaces manual checks with a fully automated, paperless process. Working together with emaratech, the solution is integrated with flydubai’s digital infrastructure and UAE immigration platforms to provide fast and accurate validation while maintaining the highest standards of data security and privacy.Top-Ranked TechnologyNEC’s face recognition technology has repeatedly ranked at the top of evaluations by the U.S. National Institute of Standards and Technology (NIST) since 2009. In recent Face Recognition Technology Evaluations, NEC achieved the No. 1 ranking in 1:N identification accuracy as well as in aging tests using images taken more than 10 to 12 years apart, reflecting the typical passport renewal cycle."This milestone, in partnership with emaratech, reflects our commitment to bringing global innovation into the GCC’s aviation sector," said Mohamed Shawky, Director - Regional Sales & Strategic Accounts, NEC. "As airlines and airports in the region continue to grow, NEC is delivering biometric and digital identity solutions that combine security with efficiency. Together with our partners, we are shaping a smarter, safer and more seamless travel experience.""NEC is already creating safe and seamless experiences at airports around the world, with thousands of biometric touchpoints in daily use," said Bill Carleton, Director, NEC Corporation of America. "This integration with emaratech, supporting flydubai’s crew operations, reinforces our role in helping aviation stakeholders modernize mission-critical processes. When fast, secure identity verification and authentication are essential, our technology is trusted to deliver with accuracy, reliability and scale."His Excellency Thani Alzaffin, Group Chief Executive Officer, emaratech, added: "Our collaboration with NEC marks a pivotal step in enhancing the UAE’s digital identity infrastructure. By integrating NEC’s top-ranked facial recognition technology into emaratech’s trusted platforms, we are redefining how biometric solutions can streamline and secure critical border control processes. This partnership reinforces our commitment to delivering scalable, AI-powered solutions that elevate operational excellence and user trust—today and into the future."With advanced biometric deployments in more than 80 airports across 50 countries and regions worldwide, NEC continues to shape the future of travel and identity with trusted, AI-driven solutions.About NEC CorporationNEC Corporation has established itself as a leader in the integration of IT and network technologies while promoting the brand statement of “Orchestrating a brighter world.” NEC enables businesses and communities to adapt to rapid changes taking place in both society and the market as it provides for the social values of safety, security, fairness and efficiency to promote a more sustainable world where everyone has the chance to reach their full potential. For more information, visit NEC at https://www.nec.com. Copyright 2025 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com
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Fujitsu to showcase mobility and physical AI tech at CES 2026 ACN Newswire

Fujitsu to showcase mobility and physical AI tech at CES 2026

KAWASAKI, Japan, Dec 19, 2025 - (JCN Newswire via SeaPRwire.com) - Fujitsu today announced that it will be exhibiting its mobility solutions and physical AI technology at the Consumer Electronics Show (CES) 2026, which will be held at the Las Vegas Convention Center (LVCC) from January 6th - 9th 2026.Fujitsu is partnering with Amazon Web Services (AWS) to introduce its AI-driven mobility solutions that are offered as part of Uvance, the company’s business model geared towards solving societal issues. Fujitsu’s showcase will be separated into three phases allowing visitors to see how software defined vehicles (SDV) can evolve from individual vehicles to connected fleets and to wider application across society with Fujitsu’s technology. On display will be Fujitsu’s foundational SDV technology that leverages proprietary AI technology to develop SDV software securely and at pace, visualizing threats, uncovering root causes and automating development. Also, on show will be real-time analysis technology that enhances urban safety by using vehicles as moving sensors, and simulations for traffic congestion reduction using Fujitsu’s Social Digital Twin which reproduces complex human behaviors accurately in a digital space using behavioral economics and AI.In a separate location, the Fujitsu booth will exhibit the company’s latest developments in physical AI including its spatial world model technology which is designed to facilitate human-robot collaboration by helping robots predict and react to human behavior. This solution leverages data from fixed and mobile cameras to map actors and objects in a physical space on a 3D scene graph. AI is then applied to interpret the causal relationships and model how humans in the physical space will act. The booth will feature live demos of the spatial world model in action where robots safely collaborate alongside human participants.Fujitsu will be exhibiting at the Fujitsu booth located at 9317 LVCC North Hall as well as in partnership with AWS at the Amazon booth located at 4099 LVCC West Hall.For more information, or to arrange an interview or tour of the Fujitsu booth, please contact us below or visit https://mkt-americas.global.fujitsu.com/fujitsu-at-ces-2026CES is one of the largest and most influential technology events in the world with more than 140,000 people attending last year’s show from over 150 countries.Fujitsu’s Commitment to the Sustainable Development Goals (SDGs)The Sustainable Development Goals (SDGs) adopted by the United Nations in 2015 represent a set of common goals to be achieved worldwide by 2030.Fujitsu’s purpose — “to make the world more sustainable by building trust in society through innovation” — is a promise to contribute to the vision of a better future empowered by the SDGs.About FujitsuFujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers around the globe, our 113,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: AI, Computing, Networks, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$23 billion) for the fiscal year ended March 31, 2025 and remains the top digital services company in Japan by market share. Find out more: global.fujitsuPress ContactsFujitsu LimitedPublic and Investor Relations DivisionInquiries Copyright 2025 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com
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Kirin and Fujitsu elucidate a novel gut-brain axis mechanism of citicoline for the first time worldwide through AI-based analysis and experimental validation leveraging drug discovery DX technology ACN Newswire

Kirin and Fujitsu elucidate a novel gut-brain axis mechanism of citicoline for the first time worldwide through AI-based analysis and experimental validation leveraging drug discovery DX technology

Tokyo and Kawasaki, Japan, Dec 19, 2025 - (JCN Newswire via SeaPRwire.com) - Kirin Holdings Company, Limited and Fujitsu Limited have jointly conducted research on food functionality simulation with the goal of creating new functionalities in food. This research utilized QSP (Quantitative Systems Pharmacology) models[1], one of the AI-driven digital transformation (DX) technologies for drug discovery[2], combined with real-world experimental validation. As a result, the study has, for the first time worldwide, identified a previously unknown mechanism within the gut-brain axis[3] associated with citicoline[4], a compound known for its role in supporting cognitive health. This finding was obtained by combining virtual subject simulations based on advanced QSP technologies developed by Fujitsu in collaboration with its partner Nova In Silico SAS(France) with cell-based experimental validation.Conventional drug discovery has been time-consuming and costly, with limitations in improving confidence in demonstrating efficacy in humans. In recent years, the diversification of medical needs and stricter constraints on animal testing have further increased the demand for efficient R&D. To address these challenges, the introduction of DX technologies utilizing AI and data science has been accelerating. In particular, virtual subject generation and in silico simulation[5] enabled by DX technologies are expected to improve reliability in demonstrating efficacy in humans without animal testing, making their application in food functionality research highly promising.This study represents a globally pioneering example of the full-scale application of DX technologies in food functionality research. It evaluated novel physiological functions of citicoline by combining AI-based prediction with experimental validation. These findings are expected to accelerate the adoption of AI-driven DX technologies in health science and contribute significantly to realizing a society that promotes longevity and well-being through innovative food solutions.Research ResultsWe collected information on citicoline’s metabolic profile and its action-related receptors from Kirin’s proprietary data and literature reviews. Using digital transformation (DX) technology, we constructed a QSP model to evaluate the functional properties of citicoline. Simulations using this model predicted that oral administration of citicoline enhances cholinergic signaling in the gut–nerve axis (Figure 1) and induces a dose-dependent increase in acetylcholine levels within intestinal synapses (Figure 2). In parallel, in vitro experimental validation confirmed that citicoline activates neuronal signaling through the intestinal pathway in a co-culture system of intestinal epithelial cells and neurons (Figure 3).Figure 1. Simulation-based evaluation of ligand-binding cholinergic receptors in enteric neurons using a QSP modelFigure 2. Simulation-based evaluation of acetylcholine levels within intestinal synapses using a QSP modelFigure 3. Assessment of Neural Activation with a Microelectrode Array in an Intestinal Epithelial Cell–Neuron Co-culture SystemKey FindingsThis study predicted, through AI-based analysis, that citicoline could activate neuronal signaling via the gut and validated this prediction in vitro. Furthermore, gut nerves are known to be closely interconnected with the brain. This research has elucidated part of the gut-brain mechanism of citicoline.Future PlansThis study represents a globally pioneering example of the full-scale application of DX technology in food functionality research. It provides insights that help elucidate new physiological functions of citicoline, which are essential for supporting brain function, thereby enhancing citicoline’s value as a functional ingredient for health.[1] QSP (Quantitative Systems Pharmacology) models:An information science approach that integrates physiological and pathophysiological networks into computational models to predict drug activity, therapeutic effects, and systemic effects of nutrients.[2] AI-driven digital transformation (DX) technologies for drug discovery: A method that uses digital technologies such as AI to comprehensively elucidate interactions between disease-related biological systems and drug discovery candidates, including pharmacokinetics and side effects, through mathematical modeling and computer-based analysis. This approach enables the analysis of large-scale molecular data and efficient identification of new drug candidates.[3] Gut-brain axis:A bidirectional communication network in which the gut and brain influence each other, interconnected through neural, endocrine, immune, and metabolic pathways.[4] Citicoline:A compound manufactured by Kyowa Hakko Bio, part of the Kirin Group, and marketed globally since the early 1990s, primarily in Europe and the United States. It is widely used as an ingredient in supplements and beverages designed to support cognitive function, as well as in pharmaceutical formulations. Currently, citicoline is approved for pharmaceutical use only in Japan.[5] In silico simulation:An information science methodology that uses data analysis of biological phenomena to predict biological and pharmacological processes and functionalities through computer-based simulations.About Kirin HoldingsKirin Holdings Company, Limited is an international company that operates in the Food & Beverages domain (Food & Beverages businesses), Pharmaceuticals domain (Pharmaceuticals businesses), and Health Science domain (Health Science business), both in Japan and across the globe.Kirin Holdings can trace its roots to Japan Brewery, which was established in 1885. Japan Brewery became Kirin Brewery in 1907. Since then, the company has expanded its business with fermentation and biotechnology as its core technologies, and entered the pharmaceutical business in the 1980s, all of which continue to be global growth centers. In 2007, Kirin Holdings was established as a pure holding company and is currently focusing on boosting its Health Science domain.Under the Kirin Group Vision 2027 (KV 2027), a long-term management plan launched in 2019, the Kirin Group aims to become “A global leader in CSV*, creating value across our world of Food & Beverages to Pharmaceuticals”. Going forward, the Kirin Group will continue to leverage its strengths to create both social and economic value through its businesses, with the aim of achieving sustainable growth in corporate value.* Creating Shared Value. Combined added value for consumers and society at large. Find out more: Kirin Group Vision 2027About FujitsuFujitsu's purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers around the globe, our 113,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: AI, Computing, Networks, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$23 billion) for the fiscal year ended March 31, 2025 and remains the top digital services company in Japan by market share. Find out more: global.fujitsuPress ContactsKirin Holdings Company, LimitedCorporate Communication DepartmentNakano Central Park South, 4-10-2 Nakano, Nakano-ku, Tokyo+81-3-6837-7028www.kirinholdings.com/en/kirin-cc@kirin.co.jpFujitsu LimitedPublic and Investor Relations DivisionInquiries Copyright 2025 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com
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TANAKA PRECIOUS METAL GROUP and TANAKA MIRAI Lab. Released Their Fourth Collaborative Musical Work with Sound Wellness Lab (Della): “Precious Metal Orchestra – A Musical Voyage through the Sound of Precious Metals for Christmas” now available for streaming. ACN Newswire

TANAKA PRECIOUS METAL GROUP and TANAKA MIRAI Lab. Released Their Fourth Collaborative Musical Work with Sound Wellness Lab (Della): “Precious Metal Orchestra – A Musical Voyage through the Sound of Precious Metals for Christmas” now available for streaming.

TOKYO, Dec 18, 2025 - (JCN Newswire via SeaPRwire.com) - TANAKA MIRAI Lab., an in-house innovation organization of TANAKA PRECIOUS METAL GROUP Co., Ltd. (head office: Chuo-ku, Tokyo; Group CEO: Koichiro Tanaka), has co-created the musical work with Sound Wellness Lab, the sound research institute of Della Co., Ltd., a long-established label known for music that supports mental and physical well-being. The series features musical works composed entirely from the sounds of precious metals such as gold (Au), silver (Ag), and platinum (Pt). The fourth release in the series, “Precious Metal Orchestra – A Musical Voyage through the Sound of Precious Metals for Christmas” became available on major music streaming services on Friday, October 31, 2025, available exclusively in Japanese.TANAKA has been advancing a transformation of its overall business toward the year 2085, the 200th anniversary of its founding, with the aim of “creating a bright future that no one has ever seen before.” As part of this initiative, TANAKA established the TANAKA MIRAI Lab., an organization dedicated to driving the creation of new paradigms for a better future—from emergence to realization—and has been pursuing a wide range of research and development activities.As one of its research themes, TANAKA MIRAI Lab. has turned its focus to the “acoustic properties of precious metals”. With support from Della’s Sound Wellness Lab—which scientifically analyzes the physiological and psychological effects of sound on humans and produces musical works based on these insights—TANAKA MIRAI Lab. has been developing a unique series of musical compositions created solely from precious metal sounds since June 2025.The fourth collaborative musical work in the series features a Christmas theme. The piece is composed entirely of shimmering sound sources created from real precious metals performing well-known and classic Christmas melodies, delivering an ‘illumination of sound’ that enriches and transforms any space. The sound design was led by composer Mitsuhiro, renowned for his many acclaimed healing-music works.Going forward, we plan to further expand the range of precious metal sound sources and incorporate more diverse performance techniques, with the aim of establishing ‘precious metal sound’ as a new musical genre.Composer Mitsuhiro’s CommentThe sound produced by pure precious metals is astonishingly clear. It extends with a pristine, unwavering purity—like the crisp air of an early winter morning—and that clarity is part of its unique appeal. In an era that values music capable of moving the heart through the power of simple, authentic sound, I hope these compositions will be enjoyed across many occasions, from celebrations such as weddings to in-store background music, or even as a musical gift accompanying something special for a loved one.Composition DetailsTrack List1. O Come, All Ye Faithful – Gold Sound2. We Wish You a Merry Christmas – Silver-Copper Sound3. Silent Night – Silver Sound4. Jingle Bells – Ensemble SoundTitle: Precious Metal Orchestra – A Musical Voyage Through the Sound of Precious Metals for ChristmasArrangement: MitsuhiroNumber of Tracks: 4Catalog Number: DLTA-8504Release Date: October 31, 2025Label: Della Co., Ltd.Streaming Link (available exclusively in Japanese): https://lnk.to/DLTA-8504Product Link (available exclusively in Japanese):https://www.della.co.jp/products/dlta-8504About the "Precious Metal Orchestra - A Musical Voyage Through the Sound of Precious Metals" ProjectThe project to create music using the sounds of precious metals began in August 2023. Leveraging TANAKA’s core strengths, the team specially crafted eight types of precious metal plates—including gold (Au), silver (Ag), and platinum (Pt). Through months of prototyping and repeated recording sessions, these materials were successfully transformed into high-quality sound sources.Sound sources of various pitches were recorded by striking precious metal plates of different sizes (shown here is pure gold) mounted on the glockenspiel, which is a keyboard percussion instrument that produces sound by striking metal bars with mallets.The compositions recorded using sound sources derived from each precious metal—each possessing its own distinct tone, resonance (overtones), and even ultrasonic overtones beyond the audible range—are well-known masterpieces of classical music. These works have already been released as Vol. 1 through Vol. 3 in the unique “precious metal sound” series.Sound Wellness Lab (Dela Co., Ltd.)Della Co., Ltd. has established its own research institute, the Sound Wellness Lab, to harness the power of music in medical and wellness settings. The company scientifically analyzes the effects that elements such as the resonance, volume, and tempo of sound have on people's physiological and psychological states and continues to explore the possibilities of sound in collaboration with experts in a variety of fields.Official website: https://www.della.co.jp/Mitsuhiro's biographyGraduated in 1985 from the Department of Composition at Kunitachi College of Music. In 1991, he established the Nagano Music Institute. To date, he has released over 100 original CD albums, more than 250 arranged CD albums, and has published over 20 music books. He is also dedicated to training the next generation at Tokai University, Hachioji Music School, and Kunitachi College of Music. In addition, he is responsible for producing the relaxing music channel for Japan Airlines’ in-flight entertainment. About TANAKA MIRAI Lab.TANAKA has been advancing a transformation of its overall business toward the year 2085, the 200th anniversary of its founding, with the aim of “creating a future that no one has ever seen before.” As part of this initiative, TANAKA launched TANAKA MIRAI Lab, an organization to advance this transformation and create the future.TANAKA MIRAI Lab.’s mission is to envision an unseen future and realize various possibilities by conducting research derived from “kisho (precious and rare) value.”Official Website: https://mirailab.tanaka.co.jp/About TANAKASince its foundation in 1885, TANAKA has built a portfolio of products to support a diversified range of business uses focused on precious metals. TANAKA is a leader in Japan regarding the volume of precious metals it handles. Over many years, TANAKA has manufactured and sold precious metal products for industry and provided precious metals in such forms as jewelry and assets. As precious metals specialists, all Group companies in Japan and worldwide collaborate on manufacturing, sales, and technology development to offer a full range of products and services. With 5,591 employees, the group’s consolidated net sales for the fiscal year ended December 2024 were 846.9 billion yen.TANAKA Industrial Precious Metal Materials Portalhttps://tanaka-preciousmetals.comPress inquiriesTANAKA PRECIOUS METAL GROUP Co., Ltd.https://tanaka-preciousmetals.com/en/inquiries-for-media/Press release: https://www.acnnewswire.com/docs/files/20251218.pdf Copyright 2025 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com
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Focus Graphite Announces Final Results From 2022 Drill Program at Lac Tetepisca; West Limb Extends Mineralized Strike to 8 KM ACN Newswire

Focus Graphite Announces Final Results From 2022 Drill Program at Lac Tetepisca; West Limb Extends Mineralized Strike to 8 KM

Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) ("Focus" or the "Company"), a leading developer of high-grade flake graphite deposits and innovator of next-generation lithium-ion battery technology, reports the final assay results from its 2022 exploration and definition drilling program at the Company's 100%-owned Lac Tetepisca Graphite Project (the "Project"). Today's disclosure includes results from the remaining twenty-two (22) drill holes on the West Limb, along with complementary results from six (6) previously disclosed holes in the Southwest extension of the Manicouagan-Ouest Graphitic Corridor ("MOGC") flake graphite deposit.These results extend the drilled strike length of mineralization to approximately eight (8) kilometers along a folded structure. All assay results from the 2022 drill campaign have now been received and released.HighlightsFinal assay results received from the Focus's 2022 Lac Tetepisca drill program drill program have now been received, completing 74 drill holes totalling 14,900.5 meters and 11,824 assays and enabling the Company to proceed with an updated Mineral Resource Estimate in Q1 2026.Results from the 22 West Limb and 6 Southwest MOGC holes extend confirmed graphite mineralization along a approximately 8-km strike length, significantly expanding the scale of the Lac Tetepisca system.Multiple West Limb holes returned significant graphite intervals, more or less aligned on strike along one of the aeromagnetic anomalies, including:39.16 m (true) @ 9.02% Cg, including 10.50 m @ 24.49% Cg (LT-22-160)12.55 m (true) @ 8.90% Cg and 24.97 m (true) @ 6.43% Cg (LT-22-161)10.98 m (true) @ 8.17% Cg and multiple additional mineralized horizons (LT-22-162)Drilling at the Southwest MOGC intersected a second, structurally distinct mineralized horizon, highlighted by:20.19 m (true) @ 9.71% Cg, including 8.61 m @ 14.76% Cg (LT-22-141)Completion of the full assay dataset represents a major technical milestone, positioning Focus to reassess the scale, continuity, and development potential of Lac Tetepisca as it advances toward metallurgical, purification, and downstream application testing.Dean Hanisch, Chief Executive Officer of Focus Graphite, stated, "The completion of all assays from our 2022 drilling program provides the complete dataset required to advance an updated Mineral Resource Estimate, anticipated in Q1 2026. The current maiden resource predates all 2022 drilling, and the results confirm meaningful upgrade potential across the Lac Tetepisca system."While mineralized intervals intersected in the West Limb are not to the same extent than those in the main MOGC deposit, it demonstrated the continuity of the broad low grade graphitic mineralization in this area, at a different stratigraphic level than on the South Limb where MOGC is located. The extent of this low-grade zone is apparently sufficient to be considered in the incoming Mineral Resource Estimate ("MRE") update planned for Q1 2026.Despite being lower grade, definition of, "significant mineralization" is defined as intercepts grading ≥5.0% graphitic carbon ("Cg") over a minimum true thickness of 6.0 metres, with internal dilution set at a maximum of 7.0 consecutive metres and no external dilution. This definition has been maintained to be consistent with previous releases.MOGC Resource BackgroundThe MOGC flake graphite deposit is part of the Company's Lac Tetepisca Project, located southwest of the Manicouagan Reservoir on the Nitassinan of the Pessamit Innu First Nation, in Quebec's Cote-Nord region. The MOGC is currently defined by a linear 1.5 km long segment of an 8 km long folded geophysical magnetic-electromagnetic anomaly that trends N035°. The April 4, 2022 NI 43-101 Technical Report, prepared by DRA America's Inc. ("DRA"), outlines a pit-constrained Indicated Resource of 59.3 million tonnes (Mt) grading 10.61% Graphitic Carbon (Cg) for an estimated content of 6.3 Mt of natural flake graphite (in-situ), and an Inferred Resource of 14.9 Mt grading 11.06% Cg for an estimated content of 1.6 Mt of natural flake graphite. This maiden resource predates all drilling completed in 2022. An updated MRE incorporating all 2022 drill holes is expected in Q1 2026.The current maiden resource-which positions the MOGC as one of the largest flake graphite deposits in North America-is detailed in the NI 43-101 Technical Report Mineral Resource Estimate Lac Tetepisca Graphite Project, Quebec, prepared by DRA and dated April 4, 2022. The reporst is available on the Company's profile at www.sedarplus.ca/ on the Company's profile. This maiden resource predates all drilling completed in 2022. As demonstrated in previous releases, the 2022 drill program extended the mineralization at depth and to the southwest, and now to the West Limb.2022 Exploration and Definition Drill ProgramFocus completed 74 diamond drill holes totalling 14,900.5 metres between March 3 and November 17, 2022 at the Project. Program objectives of the exploration and definition drilling program were twofold:Complete systematic definition drilling along strike and at depth of the MOGC deposit to support the conversion of Inferred resources to the Indicated category and to expand the total mineral resource estimate.Test the graphite abundance that might be the cause of the magnetic and aeromagnetic anomaly extending from the MOGC toward the Southwest extension and West Limb.Prior to this release, the Company disclosed full results from twenty-seven (27) definition holes drilled along strike of the MOGC deposit, partial results for eighteen (18) exploration holes at the Southwest MOGC target and seven (7) exploration holes at the West Limb target.The remaining results from West Limb (22 holes, Table 1, Figure 1) and Southwest MOGC (6 holes, Table 3, Figure 1) are provided herein. All assays results for the 2022 campaign are now complete.Also included are minor corrections of previously released results for two (2) West Limb holes (Table 2, Figure 1).One aborted hole (LT-22-147) in the Southwest MOGC target was abandoned due to technical/drilling difficulties and was successfully re-drilled and under the LT-22-172 moniker.Please consult the Company's website at www.focusgraphite.com for previous news releases containing analytical highlights from the 2022 exploration and deep definition drilling program at the Lac Tetepisca project, as well as applicable location maps.West Limb: Exploration Drill ResultsThe West Limb zone consists of the other segment of the regionally folded aeromagnetic anomaly and hosts up to three time-parallel aeromagnetic anomalies interpreted as potential stratigraphic duplication or tectonic imbrication within the folded structure. A total of twenty-nine (29) exploration holes (5,421.6 m) were drilled on different segments of the anomalies, of which results from seven (7) on the southeastmost anomaly were previously released (May 28, 2025). The twenty-two (22) exploration holes released today (Table 1) confirm consistent graphitic horizons and highlighted the structural complexity of the area. Six (6) drill holes intersected significant graphitic mineralization, including:Hole LT-22-120Drilled at 300°/-45° to a vertical depth of 121.76 metres on Section L19+00NW, intersected 13.22 metres (true thickness) grading 5.16% Cg (from 19.00 to 32.70 metres core length).Hole LT-22-158Drilled at 300°/-45° to a vertical depth of 138.39 metres on Section L07+00NW, intersected 9.98 metres (true thickness) grading 5.77% Cg (from 26.75 to 37.00 metres core length).Hole LT-22-159Drilled at 300°/-45° to a vertical depth of 199.97 metres on Section L22+00NW, intersected 7.56 metres (true thickness) grading 8.75% Cg (from 192.15 to 199.90 metres core length).Hole LT-22-160Drilled at 300°/-45° to a vertical depth of 207.31 metres on Section L16+00NW,Intersected 14.37 metres (true thickness) grading 6.04% Cg (from 61.05 to 76.05 metres core length);Intersected 39.16 metres (true thickness) grading 9.02% Cg (from 231.00 to 271.65 metres core length).including 10.50 metres at 24.49% Cg (from 231.00 to 241.90 metres core length).Hole LT-22-161Drilled at 300°/-45° to a vertical depth of 209.70 metres on Section L16+00NW,Intersected 12.55 metres (true thickness) grading 8.90% Cg (from 34.30 to 47.40 metres core length);including 7.47 metres at 12.06% Cg (from 39.60 to 47.40 metres core length).Intersected 24.97 metres (true thickness) grading 6.43% Cg (from 189.90 to 215.90 metres core length).Hole LT-22-162Drilled at 300°/-45° to a vertical depth of 203.88 metres on Section L16+00NW,Intersected 10.98 metres (true thickness) grading 8.17% Cg (from 36.50 to 47.85 metres core length);Intersected 7.63 metres (true thickness) grading 5.25% Cg (from 121.25 to 129.15 metres core length);Intersected 21.68 metres (true thickness) grading 5.02% Cg (from 164.35 to 186.85 metres core length);Intersected 16.54 metres (true thickness) grading 6.79% Cg (from 188.80 to 206.00 metres core length);Intersected 7.70 metres (true thickness) grading 11.15% Cg (from 260.20 to 268.20 metres core length).Correction to Previously Released Results (Table 2)Hole LT-22-112Drilled at 300°/-45° to a vertical depth of 118.74 metres on Section L16+00SW,Intersected 30.99 metres (true thickness) grading 5.83% Cg (from 32.00 to 64.00 metres core length). Previously 6.35% Ct (Total Carbon) as opposed to Graphitic carbon (Cg);Intersected 19.35 metres (true thickness) grading 8.87% Cg (from 73.00 to 93.00 metres core length). Previously 9.68% Ct (Total Carbon) as opposed to Graphitic carbon (Cg).Including 8.72 metres at 13.68% Cg (from 84.00 to 93.00metres core length).Southwest MOGC: Exploration Drill ResultsThe Southwest MOGC was tested with eighteen (18) exploration holes totalling 2,838.8 metres, all previously released (11 July 2024 and 28 may 2025). Complementary assay results for six (6) holes are released today (Table 3). Five (5) of these holes intersected significant graphitic intervals beneath a thick layer of barren paragneiss, indicating stratigraphic duplication or tectonic complexities that were previously unnoticed.Hole LT-22-141Drilled at 350°/-45° to a vertical depth of 161.47 metres on Section L00+00NW,Intersected 7.26 metres (true thickness) grading 5.77% Cg (from 118.50 to 126.50 metres core length);Intersected 20.19 metres (true thickness) grading 9.71% Cg (from 189.00 to 211.00 metres core length).including 8.61 metres at 14.76% Cg (from 199.00 to 211.00 metres core length).Hole LT-22-142Drilled at 350°/-45° to a vertical depth of 71.30 metres on Section L00+00SW, intersected 10.95 metres (true thickness) grading 6.70% Cg (from 30.00 to 42.00 metres core length).Hole LT-22-143Drilled at 350°/-45° to a vertical depth of 128.19 metres on Section L01+75SW, intersected 6.35 metres (true thickness) grading 8.94% Cg (from 127.15 to 134.15 metres core length).Hole LT-22-144Drilled at 350°/-45° to a vertical depth of 104.89 metres on Section L01+75SW,Intersected 12.72 metres (true thickness) grading 5.08% Cg (from 52.00 to 66.00 metres core length);Intersected 14.60 metres (true thickness) grading 6.42% Cg (from 126.50 to 142.50 metres core length).Hole LT-22-146Drilled at 350°/-45° to a vertical depth of 72.12 metres on Section L03+50SW, intersected 8.96 metres (true thickness) grading 5.05% Cg (from 40.50 to 50.50 metres core length).The graphitic zones intersected at the Southwest MOGC and West limb target are thinner or of lower grade than those in the MOGC deposit and appear to be partially located at different stratigraphic levels. Ongoing 3-D structural aims to integrate the West Limb and Southwest targets with the main MOGC mineralized system.Figure 1 - Location of the drill holes and drill hole sections discussed in today's news releaseTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/1963/278461_70fbefdbb43fb962_001full.jpgWest Limb Hole IDSectionDDHInterceptsLengthGraphitic CarbonDepthDipAzimuthDepthFromToCore lengthTrue length(m)(°)(°)(m)(m)(m)(m)(m)(%)LT-22-114L18+00NW95.54-45300No Significant intercept LT-22-115L19+00NW102.42-45300No Significant intercept LT-22-116L20+00NW93.02-45300No Significant intercept LT-22-117L21+00NW94.41-45300No Significant intercept LT-22-118L21+00NW104.96-45300No Significant intercept LT-22-119L20+00NW144.88-45300No Significant intercept LT-22-120L19+00NW121.76-4530018.5019.0032.7013.7013.225.16LT-22-148L18+00NW89.47-45300No Significant intercept LT-22-149L17+00NW85.23-45300No Significant intercept LT-22-150L15+00NW87.84-45300No Significant intercept LT-22-151L13+00NW103.61-45300No Significant intercept LT-22-152L14+00NW110.09-45300No Significant intercept LT-22-153L11+00NW116.85-45300No Significant intercept LT-22-154L09+00NW115.07-45300No Significant intercept LT-22-155L07+00NW107.97-45300No Significant intercept LT-22-156L05+00NW115.11-45300No Significant intercept LT-22-157L05+00NW134.23-45300No Significant intercept LT-22-158L07+00NW138.39-4530021.5626.7537.0010.259.985.77LT-22-159L22+00NW199.97-45300135.09192.15199.907.757.568.75LT-22-160L22+00NW207.31-4530049.6961.0576.0515.0014.376.04180.95231.00271.6540.6539.169.02 Including170.27231.00241.9010.9010.5024.49LT-22-161L24+00NW209.70-4530030.0034.3047.4013.1012.558.90146.37189.90215.9026.0024.976.43 Including31.9539.6047.407.807.4712.06LT-22-162L26+00NW203.88-4530029.9336.5047.8511.3510.988.1788.33121.25129.157.907.635.25123.66164.35186.8522.5021.685.02138.97188.80206.0017.2016.546.79185.42260.20268.208.007.7011.15 Table 1 - Highlights from the twenty-two (22) exploration holes drilled at the West limb MOGC target in 2022 released today West Limb (correction on previously released results) Hole IDSectionDDHInterceptsLengthGraphitic CarbonDepthDipAzimuthDepthFromToCore lengthTrue length(m)(°)(°)(m)(m)(m)(m)(m)(%)LT-22-112L16+00NW118.74-4530033.7432.0064.0032.0030.995.8358.6273.0093.0020.0019.358.87 Including62.5184.0093.009.008.7213.68LT-22-113L17+00NW116.99-45300No Significant intercept Table 2 - Correction to previously release highlights grades results. Southwest MOGC Hole IDSectionDDHInterceptsLengthGraphitic CarbonDepthDipAzimuthDepthFromToCore lengthTrue length(m)(°)(°)(m)(m)(m)(m)(m)(%)LT-22-141L00+00SW161.47-4535086.96118.50126.508.007.265.77140.48189.00211.0022.0020.199.71 Including143.91199.00211.0012.008.6114.76LT-22-142L00+00SW71.30-4535025.0130.0042.0012.0010.956.70LT-22-143L01+75SW128.19-4535092.60127.15134.157.006.358.94LT-22-144L01+75SW104.89-4535041.5852.0066.0014.0012.725.0894.28126.50142.5016.0014.606.42LT-22-145L01+75SW75.70-45350No Significant intercept LT-22-146L03+50SW72.12-4536032.1740.5050.5010.008.965.05 Table 3 - Highlights from the six (6) exploration holes drilled at the Southwest MOGC target in 2022 with hosts rock results and released todayNotes:(1) True thicknesses are reported in this news release and are based on the local dip of the mineralised envelope as calculated on 3-D model. Core descriptions, sampling information and analytical results were captured in Geotic™ core logging software and then used with LeapFrog Geo software for tri-dimensional (3-D) rendering. The 3-D mineralisation envelope of MOGC has an azimuth of N035.5° and dips at -58.5° to the south-east. The drill holes crosscut the envelope of the main mineralised zone's strike (80°) and dips (60o) at high angle. (2) "Best intercepts" and "significant graphitic mineralisation" are defined as Cg grading a minimum of 5.0% over at least 6.0 m with internal dilution set at a maximum of 7.0 m consecutive and no external dilution. "Best sub-intercepts" are defined as Cg grading a minimum of 10.0% over 6.0 m with same limitations on dilution. The 5% cg and 10% Cg cut-offs are used solely to delineate the extent of the mineralised envelopes corresponding to "Best intercepts" and "Best sub-intercepts", respectively. Economic cut-offs based on geological, metallurgical, mining, and economic factors, parameters and considerations will be determined as part of the mineral resource estimate update planned for the Lac Tétépisca project later through subsequent technical studies.(3) Barren core intervals within the mineralised envelope of the MOGC that were not analysed are considered as 0.0% Cg internal dilution.(4) Analyses were performed by Activation Laboratories of Ancaster, Ont., an ISO/IEC 17025:2005 certified facility using combustion in induction furnace and infrared spectrometry (code 4F - C-Graphitic) and are reported as graphitic carbon (Cg) and total sulphur (code 4F-S), with about 10% of the sample duplicated for quality control analyzed by COREM. Except for holes 145 and 146, where all the samples were analysed by COREM and the cross checks by ACTLABS for quality control. (5) QA/QC program: IOS introduced 17% reference samples, including certified and internal reference materials, duplicates, and blank samples. 9.7 percent of the drill core samples were duplicated and re-analyzed by COREM for graphitic, total, organic and inorganic carbon as well as total sulphur (or by ACTLABS for duplicated samples in holes 145 and 146). The same 9.7 % of the drill core samples were also analysed by ACTLABS Laboratories of Ancaster, Ontario (ISO/IEC 17025:2005 with CAN-P-1579) for trace metals by ICP-MS after aqua-regia digestion (code 1E2). 2022 Drill Program: Design, Operation, and Quality ControlThe 2022 drilling program was designed and operated by IOS Geosciences Inc. (IOS) of Saguenay, Quebec, under the supervision of Table Jamésienne de Concertation Minière (TJCM) of Chibougamau, Quebec, acting as technical adviser to the Company. Drilling was performed by Forage G4 of Val-d'Or, Quebec using a single drill rig.Sample Preparation and AnalysisStarting in March 2022, drill core boxes for each hole, once logged, were packaged by sequential numbers onto pallets in the field by IOS personnel and then shipped by truck every two weeks to IOS's facilities in Saguenay where they are currently archived. Sampling has been conducted with a diamond saw, with NQ-diameter core from the Southwest MOGC and West Limb targets being halved, while all HQ-diameter core from the MOGC deposit being quartered. Sample preparation work at IOS consisting of crushing and grinding and the insertion in the sample sequences of QA/QC samples. A total of 545 pulverized splits from the currently disclosed set of drill holes were sent to Activation Laboratories in Ancaster, Ontario (ISO/IEC 17025:2005 with CAN-P-1579) for graphitic carbon (code 4F - C-Graphitic) and total sulphur analysis (code 4F - S) using an Eltra® induction furnace with infrared spectroscopy. However, holes 145 and 146 followed the process prior to the inversion of the laboratories (Corem as first laboratory and verification by actlabs). The 14 samples from holes 145 and 146 were analysed by COREM for graphitic carbon (code B10) and total sulphur (code B41). The subset of 9.7% of samples was also analyzed for 40 trace element analysis using ICP-OES and ICP-MS after an aqua-regia digestion at Activation Laboratories (Code 1E2 - Aqua Regia). This brings the total number of core samples analyzed under the project to more than 9,800, excluding reference materials and duplicates.Quality Assurance / Quality ControlThe analytical quality control program for the Lac Tetepisca project has been implemented by an IOS registered chemist and is identical to the one used for previous drill programs at Lac Tetepisca and at the Company's Lac Knife project. Under the QA/QC program, a total of 54 duplicates of the core samples, or 9.7 %, were analysed by the two selected laboratories. The current set of analyses included 52 duplicates of the core samples which were re-analyzed by COREM for graphitic carbon duplicated analyses (code B10), total sulphur (code B41), total carbon (code B45), organic carbon (code B58) and inorganic carbon (code B11) and the 2 duplicates of the core samples from holes 145 and 146 were re-analyzed by Activation Laboratories for graphitic carbon (code 4F - C-Graphitic) and total sulphur analysis (code 4F - S), in accordance with the QAQC plan when these holes are treated. A total of 105 reference materials (about 17% of all the samples analysed) were inserted in the sample sequences, either certified or internal reference material samples (CDN-GR1, CMRI12, Oreas-723, OREAS-724, OREAS-725, CGL-004, NCS-DC-60119), duplicates (quarter-split core or grinding duplicates), and preparation and analyses blanks, not including the ones inserted by the assaying laboratories.Qualified PersonThe technical content disclosed in this news release was reviewed and approved by Rejean Girard, P.Geo. (QC), President of IOS Geosciences Inc., a consultant to the Company, and a qualified person as defined under National Instrument NI-43-101.About the Lac Tetepisca Graphite ProjectFocus Graphite's 100%-owned Lac Tetepisca Graphite Project is in the Southwest Manicouagan reservoir area of the Cote-Nord region of Quebec, one of North America's leading emerging flake graphite districts. The project lies on the Nitassinan of the Pessamit Innu First Nation, 234 km north-northwest of the city of Baie-Comeau, an industrial city located where the Manicouagan River intersects the north shore of the St. Lawrence River. It comprises two contiguous properties, Lac Tetepisca and Lac Tetepisca Nord. Together, the two properties form a block of 126 map-designated claims (total area: 6,785.14 ha). Focus purchased a 100% unencumbered interest of the mineral rights in the 67 CDC claims constituting the original Lac Tetepisca property from a third party in August 2011. The Lac Tetepisca Nord property was map-staked by the Company in 2012. The Lac Tetepisca Project is accessible year-round by way of a network of secondary gravel roads that extend north from Highway 389, 10 km to the south of the Manic 5 hydroelectric power station.From 2014 to 2021, Focus tested the Manicouagan-Ouest Graphitic Corridor with 106 drill holes drilled over a 1.4 km strike length (total: 16,468 metres). The drilling formed the basis of a NI 43-101 maiden mineral resource estimate (MRE) for the Lac Tetepisca graphite project with the MRE technical report filed on SEDAR+ (www.sedarplus.ca/) on April 5, 2022. The mineral resource estimate, prepared by DRA Global Limited's Montreal office, includes a pit-constrained Indicated resource for the MOGC prospect at the Lac Tetepisca project of 59.3 million tonnes (Mt) grading 10.61% Graphitic Carbon (Cg) for an estimated content of 6.3 Mt of natural flake graphite (in-situ), plus an Inferred resource of 14.9 Mt grading 11.06% Cg for an estimated content of 1.6 Mt of natural flake graphite.Additional maps of the Lac Tetepisca property showing the location of the MOGC graphite deposit, along with updated drill sections, are available on the Company's website at www.focusgraphite.com.About Focus Graphite Advanced Materials Inc. Focus Graphite Advanced Materials is redefining the future of critical minerals with two 100% owned world-class graphite projects and cutting-edge battery technology. Our flagship Lac Knife project stands as one of the most advanced high-purity graphite deposits in North America, with a fully completed feasibility study. Lac Knife is set to become a key supplier for the battery, defence, and advanced materials industries.Our Lac Tetepisca project further strengthens our portfolio, with the potential to be one of the largest and highest-purity and grade graphite deposits in North America. At Focus, we go beyond mining - we are pioneering environmentally sustainable processing solutions and innovative battery technologies, including our patent-pending silicon-enhanced spheroidized graphite, designed to enhance battery performance and efficiency.Our commitment to innovation ensures a chemical-free, eco-friendly supply chain from mine to market. Collaboration is at the core of our vision. We actively partner with industry leaders, research institutions, and government agencies to accelerate the commercialization of next-generation graphite materials. As a North American company, we are dedicated to securing a resilient, locally sourced supply of critical minerals - reducing dependence on foreign-controlled markets and driving the transition to a sustainable future.For more information on Focus Graphite Inc. please visit http://www.focusgraphite.comLinkedIn: https://www.linkedin.com/company/focus-graphite/ X: https://x.com/focusgraphiteInvestors Contact: Dean Hanisch CEO, Focus Graphite Inc. dhanisch@focusgraphite.com +1 (613) 612-6060Jason LatkowcerVP Corporate Developmentjlatkowcer@focusgraphite.comCautionary Note Regarding Forward-Looking StatementsCertain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could," "intend," "expect," "believe," "will," "projected," "estimated," and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company's current beliefs or assumptions as to the outcome and timing of such future events.In particular, this press release contains forward-looking information regarding, without limitation: (i) the timing, scope, and potential outcomes of the planned mineral resource estimate ("MRE") update for the Lac Tetepisca Project; (ii) the interpretation of drill results and geological modelling, including the potential continuity, extent, and grade of mineralization; (iii) the possibility that future drilling, technical studies, or resource updates may further define or expand the mineralized system; (iv) the timing, progression, and expected results of metallurgical, purification, and product-qualification test work; (v) the potential for the Lac Tetepisca Project to support a single mining operation or progress toward future economic studies, including preliminary economic assessments or feasibility work; (vi) the suitability of graphite from the Project for advanced, battery-grade, or other high-value applications; and (vii) the potential for the Project to contribute to North American or allied critical-mineral supply chains.Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company's public disclosure documents available under its profile on SEDAR+.The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information.Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/278461 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Spritzer MerryLand Returns This Year-End, Bringing Magical Festive Cheer to Taiping ACN Newswire

Spritzer MerryLand Returns This Year-End, Bringing Magical Festive Cheer to Taiping

Enjoy enchanting snowfall, festive activities, and exclusive promotions in a beautifully decorated festive setting.Figure 1 and 2: Spritzer EcoPark comes alive with festive cheer as Spritzer EcoPark Magical Land transforms the park into a vibrant year-end destination, featuring illuminated decorative installations and themed photo spots for visitors during the school holiday season.TAIPING, Malaysia, Dec 18, 2025 - (ACN Newswire via SeaPRwire.com) - Spritzer EcoPark invites visitors to experience the festive charm of Spritzer MerryLand, as the park transforms into a magical year-end destination filled with enchanting Christmas-themed decorations, now open to the public until 11 January 2026 at Spritzer EcoPark, Taiping.As part of Spritzer’s signature year-end celebration, the EcoPark has been thoughtfully transformed into a cheerful, whimsical, and family-friendly festive wonderland. Featuring immersive festive décor, twinkling light installations, and seasonal displays, Spritzer MerryLand offers a warm and joyful atmosphere that encourages families and friends to gather, celebrate, and capture memorable photo moments throughout the holiday season.Spritzer EcoPark operates daily from 9:30am to 10:00pm. During the special period from 20 to 28 December 2025, operating hours will be extended until 12:00 midnight, allowing visitors to fully enjoy the festive ambience during the peak holiday period.A much-loved annual highlight, the return of Spritzer’s year-end carnival brings together residents of Perak as well as visitors from other regions to celebrate the festive season in a setting that feels like a storybook come to life. This year’s Spritzer MerryLand promises an engaging and delightful experience for visitors of all ages.Throughout the event period, visitors can enjoy a variety of attractions and leisure experiences available daily at Spritzer EcoPark, including beautifully decorated photo spots, mini golf, a cozy café offering drinks and meals, as well as souvenirs and selected Spritzer water product promotions. These experiences are designed to be enjoyed at a relaxed pace, making EcoPark an ideal year-end destination for families and friends.Figure 3: Twinkling light installations at Spritzer EcoPark Magical Land are crafted with recycled bottles, demonstrating how everyday materials can be repurposed into visually engaging structures that support environmental awareness and responsible consumption.From 20 to 28 December 2025, Spritzer MerryLand introduces additional festive highlights that elevate the carnival experience. These include the much-anticipated magical snowfall sessions, glowing LED cart rides, fun DIY activities suitable for all ages, and a selection of snack food offerings, creating a vibrant and immersive festive atmosphere during the special period.“At Spritzer, we are committed to creating joyful spaces where families and communities can come together, especially during the festive season. Spritzer MerryLand embodies the spirit of togetherness, fun, and celebration, and we hope it brings joy to visitors of all ages. We are delighted to welcome everyone back to Spritzer EcoPark for another memorable year-end experience,” said Winnie Chin, Head of Public Relations, Spritzer Berhad.Adding to the festive cheer, visitors can also enjoy exclusive promotions on selected Spritzer products throughout the carnival period, giving families even more reason to celebrate and enjoy the season together.This holiday season, let Spritzer MerryLand be the backdrop for creating cherished memories. Gather your loved ones, unwind, and immerse yourself in a world where festive cheer, fun-filled experiences, and magical moments come together in one vibrant year-end celebration.For more information and the latest updates, follow Spritzer EcoPark on Facebook and Instagram.About SpritzerEstablished in 1989, Spritzer is a leading Malaysian bottled water brand, sourcing natural mineral water from a protected 430-acre rainforest in Taiping. Naturally filtered through underground rock layers for over 15 years, our water is enriched with essential minerals like Silica, known to support skin, bones, hair, and nails.Combining smart manufacturing with sustainable practices, Spritzer ensures every bottle meets the highest quality and safety standards. Our packaging is 100% recyclable and made from recycled materials, reflecting our commitment to environmental stewardship and a circular economy.Tested annually by SIRIM to be free from microplastics, Spritzer offers consumers trusted, natural hydration. Our diverse product range includes Natural Mineral Water, Original and Flavoured Sparkling Water, Distilled Water, and Fruit-Flavoured Beverages—crafted to suit every lifestyle and occasion.With a clear vision to become a fully circular brand by 2030, Spritzer leads the industry in innovation, quality, and sustainability.Spritzer — where nature, innovation, and sustainability come together in every bottle.For more information, visit www.spritzer.com.myFor media inquiries please contact:Nur Amalia RosshaimiSenior Executive Narro CommunicationsT: + 60-17 630 0314E: amalia@narrocomms.comWinnie ChinHead of Public Relations, Spritzer BhdT: +6019 553 2663E: winniecgl@spritzer.com.my Copyright 2025 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com
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Spritzer MerryLand Returns This Year-End, Bringing Magical Festive Cheer to Taiping ACN Newswire

Spritzer MerryLand Returns This Year-End, Bringing Magical Festive Cheer to Taiping

Enjoy enchanting snowfall, festive activities, and exclusive promotions in a beautifully decorated festive setting.Figure 1 and 2: Spritzer EcoPark comes alive with festive cheer as Spritzer EcoPark Magical Land transforms the park into a vibrant year-end destination, featuring illuminated decorative installations and themed photo spots for visitors during the school holiday season.TAIPING, Malaysia, Dec 18, 2025 - (ACN Newswire via SeaPRwire.com) - Spritzer EcoPark invites visitors to experience the festive charm of Spritzer MerryLand, as the park transforms into a magical year-end destination filled with enchanting Christmas-themed decorations, now open to the public until 11 January 2026 at Spritzer EcoPark, Taiping.As part of Spritzer’s signature year-end celebration, the EcoPark has been thoughtfully transformed into a cheerful, whimsical, and family-friendly festive wonderland. Featuring immersive festive décor, twinkling light installations, and seasonal displays, Spritzer MerryLand offers a warm and joyful atmosphere that encourages families and friends to gather, celebrate, and capture memorable photo moments throughout the holiday season.Spritzer EcoPark operates daily from 9:30am to 10:00pm. During the special period from 20 to 28 December 2025, operating hours will be extended until 12:00 midnight, allowing visitors to fully enjoy the festive ambience during the peak holiday period.A much-loved annual highlight, the return of Spritzer’s year-end carnival brings together residents of Perak as well as visitors from other regions to celebrate the festive season in a setting that feels like a storybook come to life. This year’s Spritzer MerryLand promises an engaging and delightful experience for visitors of all ages.Throughout the event period, visitors can enjoy a variety of attractions and leisure experiences available daily at Spritzer EcoPark, including beautifully decorated photo spots, mini golf, a cozy café offering drinks and meals, as well as souvenirs and selected Spritzer water product promotions. These experiences are designed to be enjoyed at a relaxed pace, making EcoPark an ideal year-end destination for families and friends.Figure 3: Twinkling light installations at Spritzer EcoPark Magical Land are crafted with recycled bottles, demonstrating how everyday materials can be repurposed into visually engaging structures that support environmental awareness and responsible consumption.From 20 to 28 December 2025, Spritzer MerryLand introduces additional festive highlights that elevate the carnival experience. These include the much-anticipated magical snowfall sessions, glowing LED cart rides, fun DIY activities suitable for all ages, and a selection of snack food offerings, creating a vibrant and immersive festive atmosphere during the special period.“At Spritzer, we are committed to creating joyful spaces where families and communities can come together, especially during the festive season. Spritzer MerryLand embodies the spirit of togetherness, fun, and celebration, and we hope it brings joy to visitors of all ages. We are delighted to welcome everyone back to Spritzer EcoPark for another memorable year-end experience,” said Winnie Chin, Head of Public Relations, Spritzer Berhad.Adding to the festive cheer, visitors can also enjoy exclusive promotions on selected Spritzer products throughout the carnival period, giving families even more reason to celebrate and enjoy the season together.This holiday season, let Spritzer MerryLand be the backdrop for creating cherished memories. Gather your loved ones, unwind, and immerse yourself in a world where festive cheer, fun-filled experiences, and magical moments come together in one vibrant year-end celebration.For more information and the latest updates, follow Spritzer EcoPark on Facebook and Instagram.About SpritzerEstablished in 1989, Spritzer is a leading Malaysian bottled water brand, sourcing natural mineral water from a protected 430-acre rainforest in Taiping. Naturally filtered through underground rock layers for over 15 years, our water is enriched with essential minerals like Silica, known to support skin, bones, hair, and nails.Combining smart manufacturing with sustainable practices, Spritzer ensures every bottle meets the highest quality and safety standards. Our packaging is 100% recyclable and made from recycled materials, reflecting our commitment to environmental stewardship and a circular economy.Tested annually by SIRIM to be free from microplastics, Spritzer offers consumers trusted, natural hydration. Our diverse product range includes Natural Mineral Water, Original and Flavoured Sparkling Water, Distilled Water, and Fruit-Flavoured Beverages—crafted to suit every lifestyle and occasion.With a clear vision to become a fully circular brand by 2030, Spritzer leads the industry in innovation, quality, and sustainability.Spritzer — where nature, innovation, and sustainability come together in every bottle.For more information, visit www.spritzer.com.myFor media inquiries please contact:Nur Amalia RosshaimiSenior Executive Narro CommunicationsT: + 60-17 630 0314E: amalia@narrocomms.comWinnie ChinHead of Public Relations, Spritzer BhdT: +6019 553 2663E: winniecgl@spritzer.com.my Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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CMS (867.HK/8A8.SG): Innovative Drug Oral JAK1 Inhibitor Povorcitinib Has Been Included in the List of Breakthrough Therapeutic Drugs in China SeaPRwire

CMS (867.HK/8A8.SG): Innovative Drug Oral JAK1 Inhibitor Povorcitinib Has Been Included in the List of Breakthrough Therapeutic Drugs in China

SHENZHEN, Dec 15, 2025 – (ACN Newswire via SeaPRwire.com) – China Medical System Holdings Limited (“CMS”, or the “Group”) is pleased to announce that its subsidiary, Dermavon Holdings Limited (“Dermavon”, an innovative pharmaceutical company specialized in skin health which is applying for an independent listing on the Main Board of The Stock Exchange of Hong Kong Limited, please refer to the announcement of the Company dated 22 April 2025 for details), has obtained the relevant licensing rights to the innovative oral JAK1 inhibitor povorcitinib (proposed English generic name: Povorcitinib Phosphate Tablets) (“povorcitinib” or the “Product”), which has been included in the list of Breakthrough Therapeutic Drugs by the Center for Drug Evaluation of the National Medical Products Administration of the People’s Republic of China (“NMPA”), with a proposed indication for adult patients with non-segmental vitiligo. This certification has the potential to accelerate the development and review process of the Product. Povorcitinib is a selective oral small-molecule JAK1 inhibitor, with compound and use patents in certain countries/regions in the Territory. Currently, povorcitinib is in Phase 3 clinical trials for non-segmental vitiligo, moderate to severe hidradenitis suppurativa (HS) and prurigo nodularis in several countries outside China. A Phase 2 clinical trial for the treatment of asthma is also ongoing. In March 2023, Incyte announced that povorcitinib met the primary endpoint in a global multi-center Phase 2b clinical trial for non-segmental vitiligo. Results showed that after 24 weeks of treatment, compared with vehicle, total body repigmentation of patients treated with povorcitinib once daily was significantly improved. Furthermore, according to the extended Phase 2b trial, longer-term use of povorcitinib demonstrated further improvement in total body and facial repigmentation with a favorable tolerability profile[1]. In August 2025, Dermavon received the drug clinical trial approval notice issued by NMPA to conduct clinical trials of povorcitinib for the treatment of non-segmental vitiligo and other indications. Dermavon has initiated the clinical development of the Product in China and may consider further initiating clinical development of povorcitinib in China for the treatment of skin-related diseases such as HS and prurigo nodularis in the future. Vitiligo is a chronic autoimmune disease characterized by depigmentation of the skin, which results from the loss of pigment-producing cells known as melanocytes. It is estimated that there are approximately 10.3 million vitiligo patients in China and non-segmental vitiligo patients account for approximately 8.2 million[2]. Currently, therapeutic options for vitiligo are limited, and the condition is difficult to treat, especially for patients with moderate to severe extensive vitiligo. If approved in China, povorcitinib could provide a differentiated treatment option for patients with non-segmental vitiligo. The Product’s inclusion in the list of Breakthrough Therapeutic Drugs is expected to accelerate its development and review process in mainland China. If approved for marketing in China, the Product has the potential to synergize with Dermavon’s commercialized innovative drug ILUMETRI (tildrakizumab injection), commercialized exclusive drug Hirudoid (mucopolysaccharide polysulfate cream) and the innovative drug currently under New Drug Application (NDA) review ruxolitinib phosphate cream, helping the product to quickly realize its clinical and commercial value and benefit more patients with skin diseases. Furthermore, if approved, the Product, together with topical ruxolitinib phosphate cream, will provide vitiligo patients with differentiated and comprehensive treatment options. The Group, through a subsidiary of Dermavon entered into a Collaboration and License Agreement (the “License Agreement”) for povorcitinib on 31 March 2024 with Incyte, obtaining an exclusive license to research, develop, register and commercialize the Product in Mainland China, Hong Kong Special Administrative Region, Macao Special Administrative Region, Taiwan Region and eleven Southeast Asian countries (the “Territory”) and a non-exclusive license to manufacture the Product in the Territory. The subsidiary of Dermavon has sublicensed the relevant rights of povorcitinib in the Territory other than Mainland China to the Group (excluding Dermavon and its subsidiaries). About CMS CMS is a platform company linking pharmaceutical innovation and commercialization with strong product lifecycle management capability, dedicated to providing competitive products and services to meet unmet medical needs. CMS focuses on the global first-in-class (FIC) and best-in-class (BIC) innovative products, and efficiently promotes the clinical research, development and commercialization of innovative products, enabling the continuous transformation of scientific research into clinical practices to benefit patients. CMS deeply engages in several specialty therapeutic fields, and has developed proven commercialization capabilities, extensive networks and expert resources, resulting in leading academic and market positions for its major marketed products. CMS continues to promote the in-depth development in its advantageous specialty fields, strengthening the competitiveness of the cardio-cerebrovascular/ gastroenterology/ ophthalmology/ skin health businesses, bringing economies of scale in specialty fields. Among them, the skin health business (Dermavon) has become a leading enterprise in its field, and is proposed to be listed independently on the SEHK. Meanwhile, CMS continuously promotes the operation and development of its integrated R&D, manufacturing and commercialization chain in Southeast Asia and the Middle East, capturing growth opportunities in emerging markets to support the high-quality and sustainable development of the Group. Reference: 1. Results from a global multi-center Phase 2b clinical trial of the product for non-segmental vitiligo indication can be found on the Incyte official website: https://investor.incyte.com/news-releases/news-release-details/incyte-announces-data-phase-2b-study-evaluating-povorcitinib 2. Datas are from the China Insights Consultancy (CIC) report CMS Disclaimer and Forward-Looking Statements This press release is not intended to promote any products to you and is not for advertising purposes. This press release does not recommend any drugs, medical devices and/or indications. If you want to know more about the diagnosis and treatment of specific diseases, please follow the opinions or guidance of your doctor or other medical and health professionals. Any treatment-related decisions made by healthcare professionals should be based on the patient’s specific circumstances and in accordance with the drug package insert. This press release which has been prepared by CMS does not constitute any offer or invitation to purchase or subscribe for any securities, and shall not form the basis for or be relied on in connection with any contract or binding commitment whatsoever. This press release has been prepared by CMS based on information and data which it considers reliable, but CMS makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this press release. Certain matters discussed in this press release may contain statements regarding the Group’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. Any forward-looking statements and projections made by third parties included in this press release are not adopted by the Group and the Company is not responsible for such third-party statements and projections. Media ContactBrand: China Medical System Holdings Ltd.Contact: CMS Investor RelationsEmail: ir@cms.net.cnWebsite: https://web.cms.net.cn/en/home/
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