Nissin Foods Announces 2023 Q3 Financial Results

HONG KONG, Nov 9, 2023 – (ACN Newswire) – Nissin Foods Company Limited (“Nissin Foods” or the “Company”, together with its subsidiaries, the “Group”; Stock code: 1475) today announced its unaudited third quarter financial results for the nine months ended 30 September 2023 (the “Reporting Period”).

The Group recorded revenue of HK$2,956.0 million for the Reporting Period. Gross profit increased by 2.8% to HK$1,005.8 million, and gross profit margin increased by 2.6 percentage points to 34.0% from 31.4% (restated) for the corresponding period of 2022. The increase in gross profit margin was mainly attributable to the price adjustments implemented last year and the easing of raw material costs during the Reporting Period. Profit attributable to owners of the Company for the Reporting Period increased by 16.1% to HK$270.4 million, compared with HK$233.0 million (restated) for the corresponding period of 2022.

Revenue from Hong Kong and other Asian operations was HK$1,142.1 million. As for the Mainland China operation, due to the depreciation of the Renminbi against the Hong Kong dollar, revenue of HK$1,813.9 million (in local currency: -0.2%) was recorded for the Reporting Period.

Mr Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said, “We are pleased to have achieved double-digit profit growth amidst the challenging business landscape. During the Reporting Period, the Group continued to implement its strategy of cost control and price adjustment, with the aim of maintaining stable business performance. In view of the uncertain macro environment and economy, we anticipate that the consumer market will remain intense, and therefore we remain cautiously optimistic about the future outlook. Nissin Foods will continue to strengthen its overall competitiveness through a well-diversified product portfolio and premiumisation strategy, while increasing brand recognition in the regions in which it operates, in order to create long-term value for our customers and shareholders.”

About Nissin Foods Company Limited

Nissin Foods Company Limited (“Nissin Foods”, together with its subsidiaries, the “Group”; Stock code: 1475) is a renowned food company in Hong Kong and Mainland China with a diversified portfolio of well-known and highly popular brands, primarily focusing on the premium instant noodle segment. The Group officially established its presence in Hong Kong in 1984 and is the largest instant noodle company in Hong Kong. The Group primarily manufactures and sells instant noodles, high-quality frozen food products, including frozen dim sum and frozen noodles, and also sells and distributes other food and beverage products, including retort pouches, snacks, mineral water, sauce and vegetable products under its two core corporate brands, namely “NISSIN” and “DOLL” together with a diversified portfolio of iconic household premium brands. The Group’s five flagship product brands, namely “Cup Noodles”, “Demae Iccho”, “Doll Instant Noodle”, “Doll Dim Sum” and “Fuku” are also among the most popular choices in their respective food product categories in Hong Kong. In the Mainland China market, the Group has introduced technology innovation through the “ECO Cup” concept and primarily focuses its sales efforts in first-and second-tier cities.

Nissin Foods is a constituent of five Hang Seng Indexes, namely: Hang Seng Composite Index, Hang Seng Composite SmallCap Index, Hang Seng Composite Industry Index – Consumer Staples, Hang Seng SCHK Consumption Index and Hang Seng SCHK Consumer Staples Index. Nissin Foods is eligible for trading under Shanghai-Hong Kong and Shenzhen-Hong Kong Stock Connect. For more information, please visit www.nissingroup.com.hk.

Grand Ming Group Holdings Limited Announces Interim Results for the Six Months Ended 30 September 2023

HONG KONG, Nov 9, 2023 – (ACN Newswire) – Grand Ming Group Holdings Limited (the “Company” and together with its subsidiaries, the “Group”, stock code: 1271.HK) today announces its interim results for the six months ended 30 September 2023 (“FH 2023/24”).

Highlights

– Revenue amounted to HK$191.7 million, a decrease of 96.1% from the last corresponding period.

– Profit for the period was HK$111.1 million, representing a year-on-year decrease of 92.1%.

– Declared payment of an interim dividend of 4.0 HK cents per share.

– Strive to develop the two new data centres in Fanling.

– Remain cautious in exploring potential development projects.

The Group’s consolidated revenue decreased by 96.1% from HK$4,920.1 million for the six months ended 30 September 2022 (“FH 2022/23”) to HK$191.7 million for FH 2023/24. The Group recorded a net profit of HK$111.1 million for FH 2023/24, representing a decrease by 92.1% when compared to that of HK$1,410.2 million for FH 2022/23. Basic earnings per share was 7.8 HK cents (FH2022/23: 99.3 HK cents). The Group’s underlying profit for FH 2023/24, excluding the effect of the change in fair value of investment properties, amounted to HK$1.30 million, representing a decrease of 99.9% as compared to an underlying profit of HK$1,414.3 million for FH 2022/23. These are primarily due to a substantial decrease in the number of properties sold from the property development projects during the period under review.

The Board declares to pay an interim dividend of 4.0 HK cents per share, payable on 20 December 2023 to shareholders whose names appear on the Company’s register of members on 1 December 2023.

The Group’s first residential property development project “The Grand Marine” at Tsing Yi, the New Territories consisted of two residential towers with 776 residential units with total gross floor area of approximately 400,000 square feet. This project was well received by the market with over 94% of the units being sold.

The Group’s another development project in the pipeline, located at No. 45 Pau Chung Street in To Kwa Wan, Kowloon is named “The Grands”. The site is redeveloped into a residential tower with 76 units and clubhouse facilities over two levels of shops covering a total gross floor area of approximately 31,000 square feet. The development has been completed and put up for pre-sale in June 2023. Approximately 56% of the units had been sold with contracted sales of approximately HK$210 million being achieved. Handover of the pre-sold units had commenced in October 2023 after the development was granted occupation permit in August 2023.

For the site at No.1 Luen Fat Street, Fanling, the New Territories, the Group plans to develop into a residential-cum-retail complex with a total gross floor area of approximately 36,000 square feet. Foundation works is now completed and the project is target to be completed in mid-2025.

The site in North Point, Hong Kong, comprising a building at No. 66 Fort Street and a vacant land at No. 57 Kin Wah Street, was acquired by the Group in February 2023 and covers a site area of approximately 3,240 square feet with a developable gross floor area of approximately 30,000 square feet. It is planned to be redeveloped into a residential-cum-commercial project with target completion by 2027. Hoarding works for demolishing the existing building at Fort Street is underway.

The Group’s luxury residential project, CRISTALLO, at No. 279 Prince Edward Road West, Kowloon was well sold. As of September 2023, 15 units out of the total 18 units had been sold.

The Group expands into Mainland China via acquiring its first land parcel through government public auction which is located at Guangxi-ASEAN Economic and Technological Development Zone, Wuming District, Nanning City, Guangxi Province in July 2021. It is planned to be developed into a luxury residential project under the theme of leisure and healthy lifestyle, comprising high-rise apartment units, villas, retail shops and a wellness centre. Target customers will include elderlies and retirees and their families. The estimated gross floor area of the proposed development is approximately 1,100,000 square feet. Basement and earthwork excavation is now underway.

The data centre leasing business maintains healthy growth. The Group currently owns two data centres, namely iTech Tower 1 and iTech Tower 2. Revenue from its leasing business recorded an increase of 17% year-on-year to HK$133.2 million. This was mainly driven by the increasing utilisation of data centre spaces by the customers. The two greenfield sites at No. 3 On Kui Street and No. 8 On Chuen Street in Fanling, the New Territories are being developed into two new high-tier data centres for leasing purposes, with a gross floor area of approximately 185,700 square feet in aggregate. The change of land use through land exchange for both sites have been completed in June 2023 with the land premium involved being fully settled. Superstructure works at No.3 On Kiu Street and foundation works at No.8 On Chuen Street is currently in progress. The development is scheduled to be completed in mid- 2025 and mid-2026 respectively.

For construction business, construction revenue derived from external customers amounted to HK$35.7 million, representing an increase of 20.1% as compared to that of FH 2022/23. As at 30 September 2023, the Group possessed contracts (inclusive of external customers and the Group’s companies) with an aggregate value of approximately HK$2.1 billion.

Mr. Chan Hung Ming, Chairman and Executive Director of Grand Ming Group Holdings concluded, “The global and Hong Kong economic situation is expected to continue to present considerable turbulence. Notwithstanding the reopening of Hong Kong’s border with the Mainland of China earlier this year and the lifting of outbreak control measures, the interest rate hiking environment, global inflation, geopolitical tensions and concerns over the economic growth of the Mainland of China have casted a shadow over Hong Kong’s economic recovery. In such unfavourable market sentiments, we have succeeded in launching the sale of The Grands with a promising market response. We are committed to the sale of the remaining units in The Grands, as well as The Grand Marine and Cristallo. In the data centre business, we remain committed to providing reliable service and support to our customers. In addition, the Group has worked effortlessly to develop two new high-end data centres in Fanling to ensure that the two data centres will be completed and delivered on schedule. In the face of continued uncertainties and challenges, we will focus on strengthening our business operations and managing the Group’s financial position. At the same time, we will remain prudent in exploring potential development projects that can bring sustainable growth to the Group.”

About Grand Ming Group Holdings Limited (Stock code: 1271.HK)

The Group is principally engaged in the business of property development and property leasing, as well as building construction. As a local wholesale co-location provider of high-tier data centres, the Group is one of the dedicated service providers in Hong Kong which owns and uses the entire building for leasing to customers for data centre use. Its clientele includes multinational data centre operator, telecommunications company and financial institutions. The Group owns two high-tier data centre buildings, namely iTech Tower 1 and iTech Tower 2. It also acquired two pieces of land in Fanling, the New Territories for developing into two high-tier data centres. Furthermore, the Group’s property development projects for sale include “The Grand Marine” at No.18 Sai Shan Road, Tsing Yi, “The Grands” at No. 45 Pau Chung Street, To Kwa Wan and “Cristallo” at No. 279 Prince’s Edward Road West. Besides, property development in progress includes a site located at No.1 Luen Fat Street, Fanling and a site located at No. 66 Fort Street and No. 57 Kin Wah Street, North Point. In Mainland China the Group owns a piece of land at Guangxi-ASEAN Economic and Technological Development Zone, Wuming District, Nanning City, Guangxi Province for development into a luxury residential project under the theme of leisure and healthy lifestyle.

Media Contacts:

Angel Yeung

Jovian Communications Ltd

Email: news@joviancomm.com

Hon’ble MoS Rajeev Chandrasekhar Joins India’s Most Impactful Tech Event – DATE (Digital Acceleration and Transformation Expo)

NEW DELHI, Nov 9, 2023 – (ACN Newswire) – There has been growing anticipation surrounding Trescon’s Digital Acceleration & Transformation Expo (DATE) as Shri Rajeev Chandrashekhar, Hon’ble Minister of State for Electronics and Information Technology, has confirmed his participation at the event. Set against the backdrop of India’s thriving tech revolution, the event will take place on 23-24 November 2023 at the newly inaugurated Yashobhoomi (IICC Dwarka). It is gearing up to become a groundbreaking moment in India’s technological evolution, inspired by our Hon’ble Prime Minister Narendra Modi.

DATE is not just another tech event; it’s a visionary platform aimed at shaping the future. It converges government bodies, enterprises, tech corporations, startups, and global investors. Featuring a unique framework with ten power-packed streams spread across three dedicated conference stages for insightful discussions, and multiple exhibition zones dedicated to technological innovations, DATE provides an actionable perspective into both contemporary and forthcoming tech trends.

“At DATE, we’re not just organizing an event; we’re nurturing India’s tech aspirations,” said Mohammed Saleem, Founder and Chairperson of Trescon. “It forges a space where expertise, innovation, and endless potential converge to script a new chapter in our technological narrative.”

As India’s digital economy is slated to reach US$ 1 trillion, emerging technology is becoming the bedrock for India’s economic vision. This transformation is not just about economic growth; it’s a pivotal enabler of improved governance across the nation. These transformative technologies are redefining how industries operate by optimizing operations, enhancing efficiencies, and unlocking a world of new possibilities for the country. In this digital age, India’s forward-looking approach is propelling it to shape a connected and prosperous society.

Naveen Bharadwaj, Group CEO of Trescon, expressed, “We are elated to welcome Hon’ble Minister of State for Electronics and Information Technology, Rajeev Chandrasekhar, at DATE India 2023. We look forward to gaining insights about his vision and initiatives that are driving the next era of innovation and transformation.”

With the event rapidly approaching, boasting an impressive line-up of over 100+ global speakers, 3,000+ attendees, and the participation of over 500+ discerning investors, DATE is positioned to become a key driver in India’s digital transformation journey. The event will also be graced by the presence of Hon’ble Finance Minister Nirmala Sitharaman, further underscoring its role as a catalyst for shaping India’s technological destiny.

About Trescon

Trescon is a pioneering force in the global business events and services sector, driving the adoption of emerging technologies while promoting sustainability and inclusive leadership.

Our summits, expos, and conferences create real economic impact by connecting and empowering the key ecosystem of government organisations, regulators, enterprises, corporates and more. With the help of our 250+ employees across offices in 6 countries, several of our clients have quadrupled their leads, shortened sales cycles by half or less, entered markets three times faster, closed deals within unimaginable timelines and grown their businesses ultimately. For more information about Trescon visit: http://www.tresconglobal.com.

For further details about the announcement, please contact:
Nupur Aswani
Head – Media, PR and Corporate Communications, Trescon
+91 95559 15156 | media@tresconglobal.com

Atlas Lithium Secures US$ 20,000,000 Investment from Lithium Investors Including Lead Advisor Martin Rowley

HIGHLIGHTS

Renowned mining professional Martin Rowley leads investment round of US$ 20,000,000 for Atlas Lithium.
Mr. Rowley is a pioneer of the modern lithium industry and has over 40 years of experience as a founder, financier, and highly successful mining entrepreneur.
Mr. Rowley has the rare distinction of founding and growing two prominent multi-billion-dollar companies, one in lithium (Allkem) and the other in copper (First Quantum Minerals).

Boca Raton, Florida–(ACN Newswire – November 8, 2023) – Atlas Lithium Corporation (NASDAQ: ATLX) (“Atlas Lithium” or “Company”), a leading lithium exploration and development company, is pleased to announce the signing of an agreement for a key strategic raise of $20,000,000 from lithium focused investors led by Martin Rowley, former Chairman of lithium powerhouse Allkem Ltd. and a Lead Advisor to Atlas Lithium. In 1996, Mr. Rowley co-founded First Quantum Minerals Ltd., one of the largest copper companies in the world. In 2009, he recognized the potential of lithium and became Chairman of Lithium One Inc., and later Chairman of Galaxy Resources Ltd. after it merged with Lithium One. Mr. Rowley led significant growth in Galaxy, ultimately resulting in the merger with Orocobre Ltd. in 2021 which created global lithium producer Allkem Ltd. He retired as Chairman of Allkem in November 2022.

Atlas Lithium was offered and has entered into an agreement that establishes a US$ 20,000,000 three-year unsecured convertible note led by Mr. Rowley along with other experienced lithium investors (the “Investment”). The Investment carries a coupon of 6.5% per annum, is convertible to common stock at a price of $28.225 per share (a 25% premium to the volume-weighted average price for the three trading days prior to the signing of the Investment agreement), and can be repaid by the Company after one year under certain circumstances. Details on the Investment can be found on the Form 8-K which the Company has filed with the Securities and Exchange Commission.

Marc Fogassa, Chairman and CEO of the Company, noted, “In the current environment where U.S. Treasuries yield close to 5%, the fact that Atlas Lithium was able to raise new capital at 6.5% is a strong outcome and an indication of investor interest. In addition, the conversion price is at a substantial 25% upside to the current stock price. However, the biggest benefit is to have the expertise of astute lithium investors, including Mr. Martin Rowley, aligned with our strategy.”

Martin Rowley commented, “Atlas Lithium has an excellent asset base and a dedicated and hard-working team complemented by a strong collaborative culture. With a highly supportive local community where it operates, this additional funding allows the Company to rapidly advance the development of its Neves Project in Brazil’s Lithium Valley. I am thrilled to deepen my involvement with Atlas Lithium and contribute my own resources to catalyze the company’s growth, helping to unlock the undoubted potential of its lithium assets.”

About Atlas Lithium Corporation

Atlas Lithium Corporation (NASDAQ: ATLX) is focused on advancing and developing its 100%-owned hard-rock lithium project in Brazil’s Lithium Valley, a well-known lithium district in the state of Minas Gerais. In addition, Atlas Lithium has 100% ownership of mineral rights for other battery and critical metals including nickel, rare earths, titanium, and graphite. The Company also owns equity stakes in Apollo Resources Corp. (private company; iron) and Jupiter Gold Corp. (OTCQB: JUPGF) (gold and quartzite).

Safe Harbor Statement

This press release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. Forward looking statements are based upon the current plans, estimates and projections of Atlas Lithium and its subsidiaries and are subject to inherent risks and uncertainties which could cause actual results to differ from the forward- looking statements. Such statements include, among others, those concerning market and industry segment growth and demand and acceptance of new and existing products; any projections of production, reserves, sales, earnings, revenue, margins or other financial items; any statements of the plans, strategies and objectives of management for future operations; any statements regarding future economic conditions or performance; uncertainties related to conducting business in Brazil, as well as all assumptions, expectations, predictions, intentions or beliefs about future events. Therefore, you should not place undue reliance on these forward-looking statements. The following factors, among others, could cause actual results to differ from those set forth in the forward-looking statements: results from ongoing geotechnical analysis of projects; business conditions in Brazil; general economic conditions, geopolitical events, and regulatory changes; availability of capital; Atlas Lithium’s ability to maintain its competitive position; manipulative attempts by short sellers to drive down our stock price; and dependence on key management.

Additional risks related to the Company and its subsidiaries are more fully discussed in the section entitled “Risk Factors” in the Company’s Annual Report and in Form 10-Q filed with the SEC on October 20, 2023. Please also refer to the Company’s other filings with the SEC, all of which are available at www.sec.gov. In addition, any forward-looking statements represent the Company’s views only as of today and should not be relied upon as representing its views as of any subsequent date. The Company explicitly disclaims any obligation to update any forward-looking statements.

Investor Relations:

Michael Kim or Brooks Hamilton
MZ Group – MZ North America
+1 (949) 546-6326
ATLX@mzgroup.us
https://www.atlas-lithium.com/
@Atlas_Lithium

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/186610

“Immutable Puppet – Workshop on the Preservation and Revitalization of Glove Puppetry” Successfully Held in Beijing

HONG KONG, Nov 8, 2023 – (ACN Newswire) – On November 4, 2023, the “Immutable Puppet – Preservation and Revitalization of Glove Puppetry” exhibition and cultural exchange workshop, organized by Beijing ProBono Foundation’s Next Wave Project Fund, took place in Beijing.

This event was conceived and initiated by Lin Cuiran, a student from Beijing No.8 High School Sino-American Program, and was graced by the presence of distinguished guests, including Lin Chengmeng, one of the sixth batch of municipal-level inheritors of intangible cultural heritage in Zhangzhou City, and Cai Wenwei, the founder of ShengYu Glove Puppetry.

Embracing Cultural Roots in the New Generation – The Finest Form of “Heritage”

At the outset of the event, Lin Cuiran warmly welcomed the attendees and guests, sharing her motivation for organizing the workshop. She aimed to share her hometown Quanzhou’s unique culture with a wider audience, enabling people to experience the allure of traditional culture and continue its legacy. Safeguarding and passing down intangible cultural heritage is a complex and time-consuming task, and a long-term task of fusion of tradition and modernity. Lin’s goal was to infuse traditional culture with fresh vigor and vitality through innovative dissemination and inheritance methods. By doing so, she aimed to raise public awareness of intangible cultural heritage preservation and delve deeper into the essence, originality, and inherent charm of glove puppetry. The event was designed to expand the influence and reach of glove puppetry.

Curator – Lin Cuiran, International Department of Beijing No. 8 Middle School

The event featured Cai Wenwei, or ShuDa, the founder of ShengYu Glove Puppetry, who explained the “Origins of Taiwanese Glove Puppetry” using Taiwanese puppets. Additionally, Lin Chengmeng, one of the sixth batch municipal-level inheritors of intangible cultural heritage in Zhangzhou City and a teacher at the Zhangzhou Glove Puppetry Heritage Protection Center, elucidated the “Process of Creating Puppet Heads in Zhangzhou Glove Puppetry” for the audience. Lin’s vivid presentation transported the audience to the world of Zhangzhou Glove Puppetry, a thousand miles away from Beijing, offering them a tangible experience of the intersection between traditional glove puppetry and contemporary reality and opening new horizons for the dissemination of intangible cultural heritage.

CAI Wenwei (second from left), Lin Cheng Meng (third from right), Fengyun She-Shan Shan (second from right)

“Expressing” Tradition through Cosplay – Embracing “Integration” in the Modern Era

While reinforcing the dissemination of information about intangible cultural heritage through traditional methods, Lin Cuiran actively explored the aesthetic appeal of such heritage. Leveraging advanced media science and technology, she sought to enhance its influence and dissemination effects, aiming to win the hearts of a broader audience.

To achieve this, she invited the leader of FengYunShe, a modern society deeply passionate about glove puppetry, to participate in the event. FengYunShe seamlessly blended second-dimensional culture cosplay with glove puppetry, bringing puppets to life through dynamic real-life portrayals. This approach infused the puppets with vitality, allowing the audience to intimately experience the distinct characteristics of glove puppetry characters. Intangible cultural heritage is steeped in tradition, while animation technology and visual effects epitomize modernity. The creative fusion of these elements resulted in a traditional yet contemporary expression, merging the traditional nostalgic ambiance with the visual impact of real-life 4D performances and fostering cultural exchange between old and new traditions.

Following hours of discussion and exchange, the audience gained profound insights into the intangible cultural heritage of glove puppetry while forging lasting friendships. As the curator, Lin Cuiran expressed her hope for more young individuals to join the endeavor of preserving and innovating intangible cultural heritage. With a dedicated approach to selection and innovation, they can collectively perpetuate China’s enduring classics, ensuring that the public comprehends, accepts, and cherishes glove puppetry as a valuable intangible cultural heritage.

HKTDC Hong Kong International Optical Fair opens today

HONG KONG, Nov 8, 2023 – (ACN Newswire) – Organised by the Hong Kong Trade Development Council (HKTDC) and co-organised by the Hong Kong Optical Manufacturers Association (HKOMA), the 31st edition of the HKTDC Hong Kong International Optical Fair returns, bringing together 700 exhibitors from 11 countries and regions. The physical exhibition will run at the Hong Kong Convention and Exhibition Centre (HKCEC) for three days from today (8 to 10 November). Under the EXHIBITION+ integrated mode, the online exhibition will continue until 17 November, providing a global business platform for the optical industry.

The 31st edition of the HKTDC Hong Kong International Optical Fair opened today. 700 exhibitors from 11 countries and regions display the latest trendy designs and comprehensive eyewear products.

HKTDC Deputy Executive Director Sophia Chong said: “The total export value of Hong Kong’s spectacles, lenses and spectacle frames was valued at HK$19.1 billion (US$2.44 billion) in 2022 and Hong Kong is a major production and export location for the global eyewear industry. The total export value in the first nine months of this year exceeded HK$14.8 billion (US$1.9 billion), representing a 3% increase compared with the same period last year.”

HKTDC Deputy Executive Director Sophia Chong said: "The Hong Kong International Optical Fair has always been committed to providing a multi-faceted, one-stop sourcing platform for exhibitors and buyers and the HKTDC expected the industry to create business opportunities through both the physical exhibition and online platform." — HKTDC Deputy Executive Director Sophia Chong said: “The Hong Kong International Optical Fair has always been committed to providing a multi-faceted, one-stop sourcing platform for exhibitors and buyers and the HKTDC expected the industry to create business opportunities through both the physical exhibition and online platform.”

She noted that “E-commerce became the focus of attention during the COVID outbreak. Optical chain stores, brands and designers have turned their attention to e-commerce and social media marketing to develop local and overseas markets.” The online-to-offline (O2O) marketing model continued to flourish even after the outbreak subsided. The Hong Kong International Optical Fair has always been committed to providing a multi-faceted, one-stop sourcing platform for exhibitors and buyers and the HKTDC expected the industry to create business opportunities through both the physical exhibition and online platform.

The Brand Name Gallery brings together more than 200 internationally renowned brands, including Anna Sui, which showcases its sunglasses series.

Smart eyewear zone debuts to display new technology

This year’s Optical Fair features a number of regional pavilions, including Mainland China, Taiwan, Italy, Japan and Korea, as well as the Visionaries of Style and HKOMA Pavilion; along with pavilions from cities in Mainland China, including Yingtan (Jiangxi), Danyang (Jiangsu), Shenzhen (Guangdong) and Chongqing. Smart technology applications are impacting all industries and the eyewear industry is no exception. The Smart Eyewear zone debuts to focus on new eyewear-related technologies and services. Hong Kong exhibitor Solos Technology Limited (Booth: GH-B38) demonstrates AirGo™ 3 smart eyewear that combines ChatGPT and wearable technology. In the Frames, Lenses and Parts zone, exhibitor South China Optical Industries Co. (Booth: 1E-A08) brings spectacle frames made of highly elastic memory metal. Other thematic zones will feature Sports and Professional Eyewear, Shop Fittings and Equipment, Contact Lenses, Diagnostic Instruments, Eyewear Accessories, Optometric Instruments, Designer Café and more.

Showcase for internationally renowned brands

The Brand Name Gallery, the focal point of the fair, features 200 world-renowned brands this year, including Mainland China’s A.Society, Hong Kong’s Absolute Vintage Eyewear, bTd, Taiwan’s CLASSICO, PARIM, agnès b and MINIMA from France; Anna Sui, Jill Stuart, New Balance and VOY from the United States; Ted Baker and Vivienne Westwood from the United Kingdom, Germany’s STEPPER, Japan’s Masaki Matsushima, Matsuda, MIZ Gold and TiDOU, Korea’s GENSDUMONDE, PLUME PEOPLE LUV ME, , and more.

Featured eyewear includes:

– Four new eyewear models from Italian eyewear brand SPECTAFUL, which combine the brand’s iconic angular design with vibrant colours (Booth: GH-C32)

– Italian eyewear brand GIANNINI launches stylish sunglasses with a unique frame design that increases the brightness and two-colour effect of the glasses (Booth: GH-C33)

– Luxembourg luxury craft eyewear brand: Gold & Wood’s 18K solid gold eyewear (Booth: GH-C12)

– Korean Pavilion exhibitors brought the brand Rayfog’s semi-permanent high-strength anti-fog coating optical lenses (Booth: 1C-F15)

– Mainland China brand A. Society launched unisex sunglasses with local artist Lousy (Booth: GH-A08)

– Local eyewear brand BIG HORN won the 2023 London Design Awards for its sunglass series (Booth: 1D-G02)

The fair will feature several Brand Name Gallery eyewear parades where professional models present eyewear collections from trendsetting brands. Finalists and winners in the 23rd Hong Kong Eyewear Design Competition will be displayed in Hall 1D, giving a glimpse of the creativity and style of Hong Kong’s new eyewear designers. The Award Presentation Ceremony will be held today (8 November) in the afternoon, when competition results will be announced and prizes awarded.

Global industry representatives attend Optometric Symposium

The 21st Hong Kong International Optometric Symposium will be held tomorrow (9 November), themed Empowering Community Eye Care through Artificial Intelligence and Telemedicine in Optometry. Dr Simon Tang, Director of Cluster Services of the Hospital Authority, will deliver the opening speech. Industry experts from around the world, including Dr Kate Taylor from Australia, Prof Mingguang He and Prof Benny Zee from Hong Kong, Elvis Wang from Mainland China, Dr Priya Morjaria from the United Kingdom and Dr Patrick D Yoshinaga from the United States, will discuss Artificial Intelligence (AI) and teletherapy and how these can be applied to community eye care. The symposium is a pre-approved CPD Programme recognised by the Optometrists Board, Hong Kong. Attendees will be given Certificate of Attendance for a maximum 6 CPD hours.

Other sessions include the seminar Market Talk: Road Ahead for Eyewear Industry, where industry experts will forecast fashion trends and discuss sustainability elements in the United States eyewear sector. Speakers will also explore the latest market prospects and potential of smart glasses and other issues. At the seminar Revolutionising Eyewear Design: Exploring 3D Technologies, Innovations and Material Trends, industry experts will give a detailed breakdown of the latest trends in eyewear 3D printing technology, innovative design concepts and materials.

Latest Development of Standardization for Optometry in Mainland China will be held the day after tomorrow (10 November). Experts will explain the latest technical specifications and testing guidelines for myopia prevention and control glasses, lenses, smart glasses and other optometry products for teenagers in Mainland China, allowing industry insiders to grasp developments in the optometry product market.

Photo download: https://bit.ly/47lbu7b

Media enquiries
Please contact the HKTDC’s Communication and Public Affairs Department:
Frankie Leung, Tel: (852) 2584 4298, Email: frankie.cy.leung@hktdc.org
Phyllis Tsang, Tel: (852) 2584 4288, Email: phyllis.km.tsang@hktdc.org

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn

“Immutable Puppet – Workshop on the Preservation and Revitalization of Glove Puppetry” Successfully Held in Beijing

HONG KONG, Nov 6, 2023 – (ACN Newswire) – On November 4, 2023, the “Immutable Puppet – Preservation and Revitalization of Glove Puppetry” exhibition and cultural exchange workshop, organized by Beijing ProBono Foundation’s Next Wave Project Fund, took place in Beijing.

Embracing Cultural Roots in the New Generation – The Finest Form of “Heritage”

“Expressing” Tradition through Cosplay – Embracing “Integration” in the Modern Era

Nasdaq-Listed AGAPE Forges Ahead with Sustainable Energy Business

KUALA LUMPUR, Nov 8, 2023 – (ACN Newswire) – Homegrown Nasdaq listed AGAPE ATP Corporation (“ATPC” or the “Company”; stock code: ATPC) intends to finance the construction of 50 electric vehicle (“EV”) charging stations by Volt Industries Sdn. Bhd. (“Volt Industries”) in Pahang as part of the Company’s strategy to develop and offer sustainable energy solutions.

Datuk Tay Say Jim, Dato Sri Dr How Kok Choong, YB Dato' Mohamad Nizar bin Dato' Sri Mohamad Najib and Edward Ang Mou Lee [L-R] — Datuk Tay Say Jim, Dato Sri Dr How Kok Choong, YB Dato’ Mohamad Nizar bin Dato’ Sri Mohamad Najib and Edward Ang Mou Lee [L-R]

ATPC recently signed a Memorandum of Agreement (MoA) with Volt Industries, in which the Company also intends to acquire a 51% stake in Volt Industries, a developer of EV charging stations based in Pahang. ATPC, which was recently listed on Nasdaq, specializes in sustainable global ‘wellness’ ecosystem and the development and production of advanced technology solutions for the energy sector.

The MoA was attended by founder and Chief Executive Officer (CEO) of ATPC Dato’ Sri Dr. How Kok Choong, CEO of Volt Industries Datuk Tan Say Jim, founder and CEO of Oriental Industries Enterprise Sdn. Bhd. Edward Ang Mou Lee and witnessed by Member of the Pahang State Executive Council, YB Dato’ Mohamad Nizar bin Dato’ Sri Mohamad Najib.

Dato’ Sri Dr. How Kok Choong, the founder of AGAPE ATP, said: “Our recent IPO on Nasdaq was just the beginning. This MoA signifies ATPC’s expansion into the sustainable energy space, reflecting our ambitions on both the local and global stages. In forging this partnership with Volt Industries, we’re not merely building charging stations, we’re powering Malaysia’s sustainable future. This partnership underscores our unyielding commitment to spearheading a green transformation on the global stage.”

He explained, “The main purpose of this transformative partnership is ATPC’s strategic venture into Volt Industries, acquiring 51% share, where this acquisition underscores ATPC’s plans to be at the forefront of Malaysia’s EV transformation. This project will be funded privately, with no government subsidies.”

Under the MoA, ATPC will explore the project’s financial viability by securing primary funding as well as seeking additional capital from other avenues. Volt Industries will initiate the project’s groundwork, including acquiring all necessary permits and licenses as well as ensure full compliance with local regulations together with construction work.

Datuk Tan Say Jim, Chief Executive Officer of Volt Industries said, “Our technical expertise spans the entire value chain from design to operations and we see our expertise and strengths complimenting ATPC’s strategies and corporate direction. We look forward to working with ATPC to roll out the 50 EV charging stations across Pahang that will reshape the state’s transportation landscape.”

On the same day, ATPC also signed a MoA with Oriental Industries Enterprise Sdn. Bhd. (“OIE”), a company focusing on cutting-edge EV battery development, with the intent to form a Special Purpose Vehicle Company (SPV) providing and promoting the development of renewable energy in Malaysia. Both ATPC and OIE will hold 50% shares in the SPV.

AGAPE ATP Corporation: [Nasdaq: ATPC], https://www.agapeatpgroup.com/

Cybersixgill Partners with Sun Corporation to Deliver Curated, Contextual Cyber Threat Intelligence to Asian Enterprises

Tel Aviv, Israel, Nov 8, 2023 – (ACN Newswire) – Cybersixgill, the global cyber threat intelligence data provider, announced today its strategic partnership with Sun Corporation to bring its suite of cyber threat intelligence solutions to enterprises throughout Asia.

Through this partnership, the two companies will enable customers to operationalize Cybersixgill’s market-leading cyber threat intelligence (CTI), proactively prioritize and manage the threats targeting their organization, and bolster their cybersecurity posture.

About Cybersixgill

Cybersixgill continuously collects and exposes the earliest indications of risk by threat actors moments after they surface on the clear, deep, and dark web. The company’s vast intelligence data lake, derived from millions of underground sources, is processed, correlated, and enriched using automation and advanced AI. Cybersixgill captures, processes, and alerts teams to emerging threats, TTPs, IOCs, and their exposure to risk based on each organization’s complete attack surface and internal context. Its expert intelligence and insights, available through a range of seamlessly integrated options, enable customers to pre-empt threats before they materialize into attacks. The company serves and partners with global enterprises, financial institutions, MSSPs, and government and law enforcement agencies. For more information, visit https://www.cybersixgill.com/ and follow us on Twitter and LinkedIn. To schedule a demo, please visit https://cybersixgill.com/book-a-demo.

About Sun Corporation

SUN CORPORATION’s technological capabilities, which have been passed down from generation to generation since the company’s foundation in 1971, have developed along with the history of the entertainment-related business. The company develops and sells products, services, and solutions that are useful for the safety and security of society while providing diverse content to fit different lifestyles and values. More information can be found at https://www.sun-denshi.co.jp/.

Media Contacts:

Cybersixgill North America
Liz Youngs, Trier and Company for Cybersixgill, Mobile: 1+843-412-6327, Email: lizyoungs@triercompany.com

Cybersixgill Israel
Ayelet Elani for Cybersixgill, Mobile: Israel 972-54-6242458, Email: Ayelet@davidmalits.com

PureTalk AI Collaborates with Plato AI to Launch Innovative WebApp Empowering Conversational AI

New York, NY, Nov 8, 2023 – (ACN Newswire) – Puretalk AI, a leading provider of advanced conversational AI solutions, is thrilled to announce its exciting collaboration with Plato, a pioneer in machine learning and AI technology. Together, they are launching a cutting-edge website Widget designed to revolutionize the way websites engage with visitors. This groundbreaking widget, which leverages Puretalk AI’s machine learning capabilities and humanized Text-to-Speech (TTS+) technology, will transform static websites into interactive, conversational platforms.

The new website Widget, aptly named “Socrates,” has been engineered to dynamically learn and adapt to each website’s unique content, providing an unparalleled level of conversational AI engagement. It empowers website owners to enhance the user experience by enabling real-time, human-like interactions with their visitors.

Key Features of Socrates:

Adaptive Learning: Socrates learns the website’s content and adapts to its tone and style over time, ensuring that every conversation is tailored to the site’s personality.Real-Time Interaction: Visitors can engage in meaningful conversations with the website, receiving instant responses to queries, guidance, and more.Humanized TTS+: Powered by Puretalk AI’s TTS+ technology, Socrates provides a natural and lifelike voice for a seamless conversational experience.Easy Integration: Installation is simple, with a user-friendly WordPress widget that requires no advanced technical knowledge.

“We are excited to partner with Plato to introduce Socrates to the developer community and beyond. This widget empowers website owners to create interactive, human-like conversations with their visitors, resulting in a richer and more engaging user experience,” said Evan Sirlin, CEO of Puretalk AI.

“We feel the opportunity to engage with over 10M+ Developers and 300M+ sites gives us a unique advantage in terms of our deployment strategy. The product drives a new level of authentic, value-driven engagements and allows us to engage with networks like Automattic and Shopify seamlessly.”

Socrates is set to disrupt the way websites interact with their audiences, providing a dynamic and conversational experience that will keep visitors engaged and informed. It is a testament to the power of AI technology when combined with innovation and expertise. The original release will be in English with more languages to follow soon. The product is currently in private beta and is scheduled for release in Q124.

About Puretalk AI: https://Puretalk.ai

Puretalk AI is a leading provider of conversational AI solutions, dedicated to enhancing customer experiences through the power of artificial intelligence. Their TTS+ technology offers a humanized voice for a more natural and engaging interaction. Puretalk AI is the Voice of AI®.

About Plato AI: https://PlatoAistream.com

Plato AI is at the forefront of machine learning and AI technology, creating innovative solutions that transform how businesses engage with their audience. They specialize in advanced learning algorithms and AI-driven products.

For press inquiries and media interviews, please contact:

Bryan Feinberg
CEO
Plato / Amplifi
zephyr@platodata.io

Evan Sirlin
PureTalk.ai
evan@puretalk.ai