Shanghai and Tokyo, Nov 6, 2023 – (JCN Newswire) – Global apparel retailer UNIQLO has officially launched its more than 1,000-square-meter LifeScape booth at the 2023 China International Import Expo (CIIE), taking place from November 5 to 10 in Shanghai. LifeScape presents a new vision for lifestyles and retail, showcasing the technological advances of UNIQLO LifeWear – simple, high-quality everyday wear that enhances the lives of all people with a practical sense of beauty and sophisticated design. Following a media preview on Sunday, LifeScape is now open to visit for the general public.
A view of UNIQLO LifeScape at CIIE 2023
“As a global apparel brand, and based on our LifeWear philosophy, UNIQLO is committed to making everyone’s life better through the power of clothing. We are happy to once again be participating in CIIE in 2023, and are excited to showcase the ongoing evolution of LifeWear to customers in China and around the world,” said Jalin Wu, Executive Officer of Fast Retailing Group and Chief Marketing Officer of UNIQLO Greater China. “Bringing RE.UNIQLO STUDIO to CIIE for the first time alongside such new store concepts as UNIQLO FLOWER and UNIQLO COFFEE, we are taking this opportunity to show Chinese customers our vision for new forms of lifestyles and retail.”
The theme of this year’s CIIE is “New Era Shared Future.” Exhibiting at CIIE for the fourth time this year, UNIQLO’s LifeScape features distinctive zones that showcase new LifeWear products developed through technological advances, demonstrating how these innovations fit into daily life. At the booth, visitors are able to walk through creative installations and technology displays, across winter snow and cool summer, from nature to the city, exploring the many possibilities offered by LifeWear. Additionally, the UNIQLO booth takes CIIE beyond Shanghai, by playing host to a special space for LiveStation – UNIQLO’s livestreaming shopping and style advice program that can be viewed anywhere by customers.
Epitomizing fashion, technology, and sustainability
Showcasing the evolution of LifeWear, on display are a range of products that epitomize fashion, technology, and sustainability. Visitors to LifeScape are welcomed by the latest Ultra Light Down, HEATTECH, and Fleece offerings, in addition to PUFFTECH garments, which are new for the 2023 Fall/Winter season and utilize air heating technology, and the China debut of Powder Soft Down.
Powder Soft Down features superlative softness, lightness, and warmth through NANODESIGN™ technology developed in collaboration with world-leading materials manufacturer Toray Industries. Available in a rich array of colors, the jacket also features water-resistant and anti-static functionalities, and is easy to clean. Also featured at UNIQLO’s LifeScape are the latest multi-functional Ultra Light Down products that are remarkably lightweight, warm, compact, portable, and water-repellent, as well as featuring an anti-static lining.
In addition, the latest iterations of UNIQLO essentials, including Fleece and HEATTECH items, also feature at LifeScape. Building on 20 years of HEATTECH innovation, on display is a new Ultra Light Turtleneck Long-Sleeve T-Shirt made of fabric that is 20% lighter than regular HEATTECH.
UNIQLO’s repair, remake, and reuse service RE.UNIQLO STUDIO is also on display at LifeScape, with visitors able to experience the service themselves by remaking a tote bag. RE.UNIQLO STUDIO currently operates in 13 markets and regions globally, in over 30 in-store locations. With interest in sustainability activities growing across China, seen through the positive customer response to the service in the UNIQLO Shanghai Global Flagship Store, RE.UNIQLO STUDIO will continue its expansion internationally.
Finally, LifeScape is also a showcase for seamless integration of technology into the UNIQLO customer experience. Visitors are able to use their devices to scan codes on highlighted items for more information, as well as add their favorite items to their shopping basket on the spot, enjoying sales as part of UNIQLO’s Double 11, or Singles’ Day, promotion taking place from November 1 to 16.
About UNIQLO and Fast Retailing
UNIQLO is a brand of Fast Retailing Co., Ltd., a leading Japanese retail holding company with global headquarters in Tokyo, Japan. UNIQLO is the largest of eight brands in the Fast Retailing Group, the others being GU, Theory, PLST, Comptoir des Cotonniers, Princesse tam.tam, J Brand and Helmut Lang. With global sales of approximately 2.77 trillion yen for the 2023 fiscal year ending August 31, 2023 (US $18.92 billion, calculated in yen using the end of August 2023 rate of $1 = 146.2 yen), Fast Retailing is one of the world’s largest apparel retail companies, and UNIQLO is Japan’s leading specialty retailer.
UNIQLO continues to open large-scale stores in some of the world’s most important cities and locations, as part of its ongoing efforts to solidify its status as a global brand. Today the company has a total of more than 2,400 UNIQLO stores across the world, including Japan, Asia, Europe and North America. The total number of stores across Fast Retailing’s brands is now close to 3,600.
With a corporate statement committed to changing clothes, changing conventional wisdom and change the world, Fast Retailing is dedicated to creating great clothing with new and unique value to enrich the lives of people everywhere. For more information about UNIQLO and Fast Retailing, please visit www.uniqlo.com and www.fastretailing.com.
HONG KONG, Nov 6, 2023 – (ACN Newswire) – The World Bank recently released its updated “Global Economic Outlook” report, projecting a 2.1% global economic growth for 2023. This forecast represents an upward revision of 0.4 percentage points compared to the previous prediction in January, yet it still falls short of the 3.1% growth anticipated for 2022. At present, the global economy remains in a recovery phase, and businesses continue to confront a multitude of risks. In the post-pandemic era, it becomes particularly essential for companies to adapt to the trends of the time and distinguish themselves through robust technology and high-quality products.
Pioneering the internationalization of Chinese manufacturing companies, Morimatsu International Holdings Limited (HKEX: 2155.HK, hereinafter referred to as “Morimatsu International,” “Morimatsu,” or the “Company”) has traversed over three decades. Leveraging advanced manufacturing technology and relentless innovation in research and development, the company’s business scope encompasses extensive market spaces with high-growth potential in renewable energy, environmental materials, biopharmaceuticals, electronic chemicals, and other downstream industries. From its initial core pressure vessel 1.0 to the ultimate modularization (modular systems & factories) 2.0, and now to a service-oriented manufacturing solution provider 3.0 that empowers downstream enterprises, Morimatsu consistently charts new territories. Today, Morimatsu has evolved into a multinational enterprise originating from the Asia-Pacific region, with a global presence and long-term partnerships with leading companies across various sectors.
Morimatsu’s ability to convey positive signals amidst turbulent times stems from its capability to harness the benefits of corporate endeavors. Looking back on Morimatsu’s history, this industry stalwart, so called “Pu No.1” (since it was the first foreign-funded enterprise to establish a presence in the Pudong New Area following the reform and opening up of Pudong, Shanghai in China), has evolved more than three decades. Morimatsu has excelled in providing value-added services and high-value goods closely connected with profound customer expectations, in addition to supplying diverse industrial single-unit equipment and modular one.
In 2021, Morimatsu successfully completed the construction of China’s first digital modular factory for mRNA COVID-19 vaccine, completing delivery within a mere 7.5 months. This encompassed various processes, including mRNA vaccine plasmid production, liquid preparation, formulation, and product filling, across a factory area exceeding 5,000 square meters. Notably, over 80% of the modular construction work took place in off-site workshops, impervious to external conditions. This allowed for a predictable project implementation with minimal risks and high flexibility. This execution mode attracted global attention and emulation in the biopharmaceutical industry.
Morimatsu completed the largest modular vaccination facility for export to Africa the following March, during a lockdown time in Shanghai. On May 8, the world’s largest multipurpose heavy lift vessel, “Pilecki,” embarked on its maiden voyage, transporting the modular vaccine factory built by Pharmadule, a Morimatsu Group company, for Morocco. This project addressed the gap in local vaccine production in Africa and met over 70% of Morocco’s domestic demand and more than 60% of the demand on the African continent.
Morimatsu’s completion of international collaborations is not his first. Morimatsu outbid rivals from South Korea and Thailand in 2002 to secure Bayer MaterialScience’s first set of pressure vessel equipment purchased in China, kicking off over two decades of close cooperation. In July 2021, Covestro Polymers (China) Co., Ltd. (hereinafter “Covestro,” formerly known as “Bayer MaterialScience”) and Morimatsu (Jiangsu) Heavy Industries Co., Ltd. (hereinafter “Morimatsu Heavy Industries”) successfully inked a contract for the design, procurement, and manufacturing of a modular plant (the “EPF Contract”). This was the first production facility in all of Covestro’s global production bases to be designed and built using advanced modular concepts. Morimatsu Heavy Industries engaged throughout, from modular feasibility studies to concept design and basic design, ultimately delivering a digital operations platform for the factory, achieving complete digital coverage of advanced biopharmaceutical factory products. This collaboration undoubtedly marked a new milestone in Covestro and Morimatsu’s strategic partnership.
From Bayer to Covestro, Morimatsu’s product destinations have expanded from Shanghai to Germany and the United States, covering Covestro’s major global production bases. They only provided basic chemical equipment more than 20 years ago. They have progressed to provide complex and highly technical solutions. Morimatsu’s customers have evolved over time, their demands have changed, and their standards have risen. What remains constant is their collaboration with Morimatsu, which embodies the spirit of innovation that keeps Morimatsu at the forefront of meeting customer needs.
Morimatsu’s international accomplishments extend beyond these examples. Market data shows that Morimatsu collaborates with over 80% of the world’s top 20 pharmaceutical giants in international projects. It has excellent partnerships with the world’s four major vaccine giants: GlaxoSmithKline, Sanofi, Pfizer, and MSD. It is the preferred supplier for many leading biopharmaceutical companies, both domestically and internationally. Other industry leaders’ clients include Lonza, BASF, AstraZeneca, GSK, Eli Lilly, Merck, and WuXi Biologics. Morimatsu International caters to various customer groups in different sectors, and its product and service offerings are diverse. It does not only provide specific products; it leads in technology in many sectors.
The QMB Project, a high-pressure acid leaching modular unit developed jointly by Morimatsu Heavy Industries and GEM Co., Ltd., went into operation in September 2022 as Morimatsu’s first high-pressure acid leaching modular unit. This unit serves high-pressure acid leaching and oxygen pressure leaching processes, facilitating the process verification and optimization for laterite nickel ore high-pressure acid leaching, high-iron nickel ore oxygen pressure leaching, MSP or sulfide nickel concentrate oxygen pressure leaching, and pressurized leaching of waste lithium-ion battery cathode materials. This world-class collaboration represents both parties’ global efforts in the field of process and equipment technologies.
Morimatsu’s unique competitive edge in securing top-tier global projects after another stems from its ability to respond to rapidly changing customer and downstream market demands through continuous technological innovation. Morimatsu positions itself as an essential link in customer product and technology innovation, meeting the multi-layered custom requirements of customers and even leading in innovation ahead of customer demands. It is this innovative strategic wisdom that has allowed Morimatsu to maintain strong customer loyalty worldwide across various industries and to navigate changing market conditions with confidence and success, reaping dividends continuously.
Morimatsu’s global expansion has helped it export products to over 40 countries worldwide, achieving domestic substitution of high-end imported industrial equipment and making “Made in China” products the first choice in various industries and sectors. Morimatsu has rapidly expanded into overseas markets in recent years through mergers, acquisitions, and partnerships, establishing a global industrial chain in a non-globalized environment. According to available data, approximately 70.89% of the company’s new signed orders in the first half of 2023 came from overseas. The company’s revenue sources are diverse, which helps it improve risk resistance. Morimatsu has been in the business for over 30 years in various industries and has invested significantly in technology innovation and talent development each year, allowing multi-layered product strategies to maximize resource returns in a limited production capacity.
From initial exploration and accumulation of strength to full-fledged competition, Morimatsu International has developed unique competitive advantages in various fields, representing new energy and new materials, such as power batteries, as well as in the field of biopharmaceuticals, represented by biologic vaccines and innovative drugs. The company’s commitment to continuous innovation, extensive and long-term industry preparations, and forward-thinking global strategic insights have enabled it to consistently seize policy opportunities, respond to industry innovation demands, and capitalize on the advantages of the times. Morimatsu International’s global reach has helped it excel in different temporal and environmental contexts, ultimately becoming an international leader capable of rapidly adapting to changing demands in global markets. It has evolved from internationalization to true globalization, not just as a beneficiary but as a model and benchmark. In the future, Morimatsu will leverage the combination of software and hardware, merging services and products, and provide full life-cycle coverage services for projects through digitalization. With a focus on innovative technologies and principles, Morimatsu is integrating environmental protection and health into its development strategy, embracing the company’s social responsibility, and making its sustainability a contribution to the broader society.
About Morimatsu International Holdings Company Limited：
Morimatsu International is a globally leading provider of core industrial equipment and high-value comprehensive solutions serving multiple industries. The company debuted on the Hong Kong Stock Exchange in June 2021 under the stock code 2155.HK. Originated in Japan, Morimatsu has a global presence today as a diversified multinational company with its core technologies and rich project experience in the fields of core equipment, process systems and digital intelligent overall engineering solutions. Relying on our advanced manufacturing bases in China, we have established subsidiaries or plants in Sweden, the United States, India, Italy, Malaysia and Singapore. And with a globalized and efficient professional team, we have delivered various types of products and services to more than 40 countries and regions. Achieving excellent reputation with ingenuity quality, we always keep up with head companies in various fields and are committed to becoming the world’s leading best partner. In 2021, the company achieved a remarkable revenue of approximately CNY 4.279 billion, reflecting a substantial year-on-year increase of 43.7% compared to the previous year. Furthermore, the company’s order backlog increased by 72.5% year on year. Morimatsu International reported a net profit of around CNY 380.6 million in the same year, representing a 31.5% increase year on year. The company’s growth momentum remained strong in 2022, with a net profit margin increasing by 74.47% over the previous year and newly signed orders totaling an impressive CNY 9.356 billion, representing a 40.60% year-on-year increase.
Tel Aviv, Israel, Nov 6, 2023 – (ACN Newswire) – NEWHD New York, Where Rock Lives, NEWHD Los Angeles, LA’s Rock and Pop, and VNUE Radio are thrilled to announce the launch of NEWHD EDM with the introduction of a dynamic new show hosted by ROMREZ, hailing from Tel Aviv.
Starting this weekend, ROMREZ will take the airwaves by storm with an electrifying show that is set to redefine the EDM scene. Tune in every Saturday night from 10:00 PM to 12:00 AM locally on NEWHD NY and NEWHD LA, and don’t miss out on the encore presentation every Sunday night from 10:00 PM to 12:00 AM on VNUE Radio.
Zach Martin, the founder of NEWHD Media, expresses his enthusiasm for this new venture, stating, “Music is a healing force and brings people of all backgrounds together.” This sentiment lies at the heart of the NEWHD mission.
To join the EDM revolution, listeners can access the show by downloading the NEWHD Radio App or by tuning in via TuneIn or the Audacy App. Don’t miss the chance to be part of this exciting musical journey.
In addition, we encourage everyone to support NEWHD’s mission and its efforts to bring people together through music. To contribute, simply text “NEWHD” to 44321 and be a part of this meaningful cause.
About Romrez
Hailing straight out of Tel Aviv, Roman Reznick (aka: Romrez) is an Israeli based DJ, Artist and Producer. For over 20 years, his electrifying DJ Sets have been a mainstay in Tel Aviv’s underground Trance and EDM scene that has encompassed over 100+ Global Releases, collaborations and live sets. Romrez has developed a sound that lies somewhere deeper towards end of the EDM Scene incorporating a spatial plethora of both sight and sound. Romrez has been a pioneer across multiple trance genres incorporating inspirations from analog synths, drum machines and deep tech melodies that sends your mind wondering while uplifting your spirit.
NewHD is not just about music; it’s also about making a difference. By providing job opportunities for autistic individuals, those with disabilities, and veterans, the organization exemplifies its commitment to inclusivity and supporting those who need it most.(https://www.newhdmedia.com/)
About Sophia’s Mission
Sophia’s Mission / NEWHD Media is dedicated to fostering inclusivity advocating and creating job opportunities in the radio industry for Autistic people and disabled veterans. (https://sophiasmissionus.org/)
HONG KONG, Nov 5, 2023 – (ACN Newswire) – The 15th HKTDC Hong Kong International Wine & Spirits Fair, organised by the Hong Kong Trade Development Council (HKTDC), ended today after a successful three-day run (3-5 November). The fair drew keen buyers from emerging markets. Several regions stood out including Korea, Mainland China and Taiwan, as well as Southeast Asian countries such as Indonesia and Malaysia, showing healthy potential for development. The return of global buyers to the physical Wine and Spirits Fair underlines Hong Kong’s status as a key trade and distribution hub for wine in the region.
After a successful three-day run, the Hong Kong International Wine & Spirits Fair closed today. Some 7,000 trade buyers and around 9,000 members of the public visited the fair.
The fair drew some 7,000 buyers from 49 countries and regions. On Public Day today the fair was open to ticket holders aged 18 or above, attracting around 9,000 wine enthusiasts to enjoy the beverages and attend events such as masterclasses, wine tasting and seminars.
The Wine & Spirits Fair featured over 500 exhibitors from 17 countries and regions.
The fair attracted renowned importers, wholesalers, retailers and e-tailers – including JD.com, Inc (Mainland China), PT. Pantja Artha Niaga (Indonesia), Royal of Japan Ltd (Japan), NARA CELLAR (Korea), Albert International Wines & Spirits Sdn Bhd (Malaysia), KOT Selections LLP (Singapore), Rose & Young Hunters Global Inc. (Taiwan), Central Food Retail Company Limited (Thailand), African + Eastern (UAE), and Red Apron Fine Wines & Spirits (Vietnam).
Organic wines from different origins were featured in the Wine & Spirits fair, offering options for buyers.
Gathers together global fine wine, cultivates new market opportunities
The HKTDC’s Deputy Executive Director Sophia Chong said: “The 15th Wine & Spirits Fair featured more than 500 exhibitors from 17 countries and regions, where wine sellers and buyers come together again and buyers were keen to source products. Public Day today was also well received, and members of the public enjoyed the wine tasting experience and had fruitful purchases.
“In recent years, Chinese wines have risen in popularity and brought new momentum to the Chinese market. We incorporated these elements in the fair, bringing products from Sichuan, Ningxia and Xinjiang, offering more options for buyers. The HKTDC also held various seminars where industry professionals could explore opportunities in the Chinese wine market. Meanwhile, the global hot topic of sustainable development has also been addressed by the wine industry, as vintners make wines by greener means. Organic wines were also showcased in the fair, creating a sparkling new wave of purchasing trends.”
Eric Fung, Director (Hong Kong) of Japanese exhibitor Flavour of Life G.K., stated: “The wine fair has attracted a significant number of international buyers and is undoubtedly the most important wine trade fair in Hong Kong. We are very pleased with the quality of buyers, most of whom come from Southeast Asia, including India, Vietnam, Cambodia, and Laos. These are high-potential markets for sake. We have also had buyers from Africa, particularly Nigeria, which is an extremely promising market. If it weren’t for participating in this event, we would not have had the opportunity to connect with them.” His firm had established about 25 new connections at the fair, with two or three being high-potential buyers.
Emerging demand for non-alcoholic wines
Gary Lee, the Business Development Director of San Sesan Global Pte Ltd, a buyer from Singapore, said his firm’s primary objective at the event was to source vegan and alcohol-free wines, with a specific focus on products from Spain and Germany. He welcomed the Click2Match platform, which facilitated meeting scheduling and record-keeping. Mr Lee joined 20 business matchmaking sessions, engaging with eight exhibitors offering vegan and alcohol-free wines. “These meetings were highly effective, and I identified several exhibitors with significant potential. There is a good chance that I will place orders with two of them, and each deal we make is typically valued at approximately US$300,000.”
Virginia Cikhita, the CEO of Project X and a buyer from Indonesia, visited the fair to source fine wines and accompaniments. She stated: “We have a great opportunity to order from a Hong Kong exhibitor at least 2,000 bottles of black truffle sauce imported from Finland. We also hope to buy custom water bottles from a Taiwanese exhibitor, as well as at least 3,000 boxes of hangover prevention pills. These products are truly excellent!” She was pleased with the services, including providing e-Badges for buyers, the Click2Match platform, and the new Scan2Match platform that conveniently connects buyers and exhibitors from offline to online.
The fair featured 36 exciting events, including the seminar Baijiu Journey: Savouring the Flavours of China and two Wine Industry Conferences, one of which featured the sole Chinese Master Sommelier in the world, Lu Yang, discussing wine market opportunities in China and Asia. In addition to informative seminars for industry professionals, Public Day featured engaging events such as wine tasting sessions, attracting enthusiastic participation from buyers and visitors, creating a vibrant atmosphere.
Media enquiries Please contact the HKTDC’s Communications & Public Affairs Department: Jane Cheung, Tel: (852) 2584 4137, Email: jane.mh.cheung@hktdc.org Agnes Wat, Tel: (852) 2584 4554, Email: agnes.ky.wat@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
HONG KONG, Nov 3, 2023 – (ACN Newswire) –The 14th “Future China Global Forum 2023,” organized by Business China, took place successfully in Singapore on October 27th. The forum aimed to explore new developments and opportunities in the region. This event brought together more than 800 distinguished business leaders, public figures, experts, and thought leaders from Singapore, China, and neighboring areas. Mr. Heng Swee Keat, Singapore’s Deputy Prime Minister & Coordinating Minister for Economic Policies, was in attendance as the esteemed Guest of Honour for the forum. Ms. He Jihong, the Chief Financial Officer of H World Group Limited (“H World” or “the Group”, NASDAQ: HTHT, HKEX: 1179), was invited to participate and delivered a speech on the topic of “Fuelling Energy Transition – Making Net Zero Possible.”
The energy crisis triggered by the Russia-Ukraine conflict has accelerated the need for alternative energy sources to replace traditional oil and gas resources. China, at the forefront of new energy developments, is taking advantage of this opportunity to facilitate an energy transformation. It is shifting away from an oil-based energy infrastructure and expediting its transition to a multi-energy infrastructure. This energy transition presents new opportunities for businesses. He Jihong emphasized that as a crucial driver of the service consumer industry, the accommodation sector must hastily embrace green development. With the introduction of concepts such as “green hotels” and “green services”, the implementation and establishment of green development and green awareness are of crucial importance.
He Jihong emphasized that as of 30 September 2023, H World operates nearly 10,000 hotels in 18 countries, with 886,000 rooms and over 200 million members. The Group is actively implementing its green development strategy across its extensive hotel network and user base, aligning with the new requirements for green development in China and the European Union. H World is committed to ESG (Environmental, Social, and Governance) sustainable development principles and continuously promotes green reforms. The Group focuses on three aspects: Green Buildings, Green Operations, and Green Services, all aimed at improving energy efficiency and reducing waste to meet the demands of new green development.
In terms of Green Buildings, various hotel brands of Legacy-Huazhu (refers to H World’s business in China) actively promote green building projects. They incorporate natural and easily recyclable materials to replace plastic products in their decoration. Moreover, by employing a robust supply chain system, they introduce “modular” renovations in all of Legacy-Huazhu’s hotels, further reducing carbon emissions. Regarding Green Operations, all of Legacy-Huazhu’s hotels have transitioned to using LED energy-saving lighting fixtures and advocate for the use of air-source heat pumps to reduce energy consumption. In Green Services, H World is dedicated to implementing a low-carbon and environmentally friendly guest experience. Through its in-house digital operating system, H World provides guests with various eco-friendly accommodation options and green service modes, including online reservations, check-ins, hotel service bookings and invoicing. This significantly reduces paper resource consumption, allowing for highly green and paperless operations. Additionally, when discussing the DH related business, He Jihong stated, “We have a comprehensive management system and an experienced team. DH has already established clear rules and regulations in the parts of Europe where it operates to meet the local government’s requirements for environmental protection.”
JI Hotels realized the environmental protection of guest supplies: (from top left) biodegradable slippers, toothbrushes, biodegradable tea bags and laundry bags; (from bottom left) eco-friendly shower bottles, customized drinking water bottles without labels , biodegradable room cards and biotech trash cans.
In promoting green development, He Jihong stated, “We should be aware that the most urgent issue today is the environment. Taking action to address the problem is better than sitting back and waiting for it to worsen. I hope that by setting an example, we can awaken more people’s awareness of environmental protection, which is a valuable contribution.” As a leading player in the hotel industry in China and one of the fastest-growing hotel groups in the world, H World always adheres to ESG principles and is committed to its sustainable quality growth. In accordance with the “dual carbon” policy and the requirements of global green sustainable development, H World will continue to integrate environmental, social, and corporate governance into its daily operations and long-term development strategy, and continue to build a governance structure that is clear in terms of rights and responsibilities, efficient in terms of operations, clean and upright. This commitment will continually enhance its ESG rating and work towards creating a better life for customers, franchisees, employees, and other ecosystem partners.
HONG KONG, Nov 3, 2023 – (ACN Newswire) – The 15th HKTDC Hong Kong International Wine & Spirits Fair opened today and will run for three days (3 to 5 November) at the Hong Kong Convention and Exhibition Centre (HKCEC). More than 500 exhibitors from 17 countries and regions showcase fine beverages, as well as wine-related products and services, at this leading industry event in the region.
The 15th HKTDC Hong Kong International Wine & Spirits Fair opened today and continues for three days (3 to 5 November) at the Hong Kong Convention and Exhibition Centre to bring together exquisite wines from over 500 exhibitors from 17 countries and regions.
The HKTDC’s Deputy Executive Director Sophia Chong said: “As impacts of the COVID-19 pandemic fade out, economic activities have returned to normal. The public have been attending more social events, such as parties and wedding ceremonies, boosting the consumption and sale of wines. Reflecting all these factors and considering the impact of a low base effect last year, Hong Kong’s wine exports increased 41.6% to US$300 million (HK$2.35 billion) between January and September this year.”
Italian organic wine, including Prosecco DOC Spumante Brut from La Jara – Boutique Organic Wines, are presented in the fair. Fair participants can try the unique flavours of a wide selection of wines at the organic wine zone (booth number: 3C-C26).
“Given Hong Kong’s role as regional wine trade and distribution hub, the annual wine fair organised by the HKTDC covers a wide variety of fine-beverage promotion events, including seminars, tasting sessions and receptions. The fair provides good business-matching opportunities for the industry, brings together wine sellers and buyers from Hong Kong, Mainland China and overseas, and facilitates the market penetration of wines and brands from around the world. The last day of the fair will open to the public (tickets required), giving suppliers a chance to test their products’ suitability for Asian palates,” she added.
Silver Bun-bin complex aroma distilled spirit is made in Hong Kong. The product is distilled from fermented grains and fruits, carrying a soft and sweet fruity aroma. The wine won bronze prize in its first participation of HKGCWS Wine & Spirits Judging Awards in 2019 (booth number: 3C-B24).
In February 2008, as wine demand grew in Asia, the Hong Kong Government removed all duty-related customs and administrative controls on wine to foster the development of Hong Kong as a regional hub for wine trade and distribution, particularly for Mainland China. The mainland and Macao are Hong Kong’s biggest markets, accounting for 69% of exports last year.
In addition to wine trading and distribution, wine-related activities in Hong Kong include auctions, retailing, warehousing, catering and transport. The Census and Statistics Department said 740 establishments imported alcoholic drinks for wholesale last year, up from 310 in 2008. In the same period the number of stores specialising in alcoholic beverage sales increased from 140 to 480.
Global exquisite-wine showcase
Themed Sparkling Business Opportunities for the Wine Industry, the fair presents a wide range of fine beverages, including old-world wines from Italy, Germany and France, as well as new world ones from Australia, Chile and Mainland China. The fair also features Japanese sake, Hong Kong beer, Taiwanese plum wine, whisky, gin, vodka and more.
The 11 group pavilions from around the world – Australia, France, Germany, Italy, Japan, Mainland China and the Hong Kong General Chamber of Wine & Spirits and more – showcase a wide range of products, including the following:
As natural and organic agriculture becomes a trend, the organic wine market continues to grow. The fair features organic wines from Italy, France and Canada.
Chinese fine beverages from Ningxia, Sichuan and Xinjiang also feature. Seizing the opportunity the thriving Chinese fine-beverage market presents, a Hong Kong exhibitor showcases premium wines from Yunnan, offering fair participants the chance to taste top-notch Chinese fine wine. Dance of the Clouds (booth number: 3B-E06) is an exquisite creation from Yunnan Red Winery, crafted using the Le Pourpre grape. Juice from the red-hued flesh of the grape is exclusive to the vineyard.
Wines from less-known regions are also showcased, including Mare Santo Curvee Prestige (booth number: 3C-D12) from Slovenia – a sparkling wine carrying a wide and inviting aroma ranging from cedar to green apple.
Silver Bun-bin is a Hong Kong-made distilled spirit with a complex aroma (booth number: 3C-B24). The product is distilled from fermented grains and fruits, carrying a soft and sweet fruity aroma. It won bronze prize in its first participation in HKGCWS Wine & Spirits Judging Awards in 2019.
Chako Peach & Ginger Oolong Sparkling Tea Cocktail (booth number: 3C-C34) is a vodka-based sparkling tea cocktail with the sweetness of peach and an underlying ginger spiciness. This product won a Silver Medal in an international competition, The Spirits Business – Global Pre-Mixed & RTD Masters 2022.
The Wine and Spirits Fair also features zones that promote the industry’s all-round development, including Wine Education as well as Wine Accessories, and Services. The Friends of Wine zone showcases food-and-wine-pairing products.
Sustainable wine, Chinese fine beverages under spotlight
More than 30 events – including tasting sessions, seminars and masterclasses – will offer fair participants a chance to sample global fine wines during the fair.
At the Opening Reception tonight, Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region Government, will be Guest of Honour. The first session of the Wine Industry Conferences EcoVino: Sustainability Trends and Solutions took place today and another session, Uncorking Opportunities: Mapping the China & Asian Wine Markets will be held tomorrow, when Master Sommelier Yang Lu and industry elites discuss business opportunities in the region.
Mainland fine-beverages are rapidly becoming popular, creating a market trend. Multiple seminars and tasting sessions will focus on business potential for baijiu and Chinese wines in overseas markets. Fine alcohols from Sichuan, Ningxia and Xinjiang will be introduced at the fair. Participants can savour the unique Chinese flavours. A Vino Joy News seminar titled China Uncorked: Navigating the New Normal in Wine Trends will feature experts and celebrities discussing post-pandemic wine trends in Mainland China.
The fair will host four wine industry prize presentation ceremonies and competitions. The award-giving ceremonies of Cathay Hong Kong International Wine and Spirit Competition 2023 and WineLuxe’s Top 10 Food and Wine Pairing Restaurant Award are held today and tomorrow respectively. The Hong Kong Bartenders Association hosts the Hong Kong International Mixology Showdown 2023 today while WineLuxe’s Hong Kong Best Gin Cocktail Awards 2023 will be held on Public Day on Sunday.
Public Day welcomes wine lovers
The last day of the Wine & Spirits Fair (5 November, Sunday) will be the Public Day and both buyers and ticket-holding members of the public aged 18 or above are welcome. Multiple highlight events will be held on Public Day, including a tasting session hosted by experienced sommelier Sammy Leung, who will explore wines from Gladstone Vineyard in New Zealand; a Sip Around the World with CC session hosted by another prominent wine critic Cecilia Wong. Visitors can also sample and learn about more than 10 labels of whisky and other liquor at the Whisky & Spirits Bar.
On Sunday, regular tickets are available to the public onsite at a price of HK$200. They can also buy the tickets at the special pre-event price of HK$99 through HK01, HKTVMall, KKday, OpenRice, PopTicket, Price.com.hk, Trip.com, Timable and WineNow. Ticket buyers will receive a Lucaris crystal wine glass (original price: HK$110) on a first-come, first-served basis.
Media enquiries Please contact the HKTDC’s Communications & Public Affairs Department: Jane Cheung, Tel: +852 2584 4137, Email: jane.mh.cheung@hktdc.org Agnes Wat, Tel: +852 2584 4554, Email: agnes.ky.wat@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
HONG KONG, Nov 3, 2023 – (ACN Newswire) – The 31st Hong Kong Optical Fair, organised by the Hong Kong Trade Development Council (HKTDC) and co-organised by the Hong Kong Optical Manufacturers Association (HKOMA), will return to the Hong Kong Convention and Exhibition Centre (HKCEC) as a physical exhibition for the first time since 2019. The physical event will run from 8 to 10 November under the EXHIBITION+ integrated physical-online mode, when about 700 exhibitors from 11 countries and regions will present the latest eyewear designs and products.
Regional pavilions will include Mainland China, Taiwan, Italy, Japan and Korea, and two special sections – Visionaries of Style and the HKOMA pavilion. The fair also has multiple themed exhibition areas to facilitate buyers’ purchasing.
Showcasing the latest technological innovations in optical wear, this year’s Optical Fair will feature a Smart Eyewear zone. Hong Kong exhibitor Solos Technology Limited will display smart glasses that combine ChatGPT and wearable technology AirGo™3. Hong Kong firm 3DNA Technology Limited uses software with 360-degree facial scanning technology to help customers tailor-make suitable glasses. Other themed zones will present professional eyewear, eyewear accessories, frames, lenses, contact lenses, diagnostic instruments, optical instruments and more.
The Brand Name Gallery, a focal point of the fair, features about 200 brands from around the world, including Hong Kong s A.Society, Absolute Vintage Eyewear, bTd, Taiwan’s CLASSICO, PARIM, reputable international brands such as 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; STEPPER from Germany; Japan’s Masaki Matsushima, Matsuda, MIZ Gold, TiDOU, and Korea’s GENSDUMONDE, PEOPLE LUV ME and PLUME. The fair will also feature eyewear shows, where professional models will showcase fashion eyewear trends from various places.
HKTDC Deputy Executive Director Sophia Chong, said: “The Hong Kong Optical Fair is back at the HKCEC. We are very pleased to welcome many new international brands from all over the world this year, including the fashion capitals of France, the United Kingdom, the United States and Italy, as well as Asian trendsetters from such places as Japan, Korea and Taiwan. The fair has incorporated many international elements while keeping up with the world’s trends, demonstrating the reputation of Hong Kong as the capital of international exhibitions.”
The Optical Fair brings together the latest products from well-known exhibitors and new technologies related to eyewear. There is also a series of product promotions, conferences, seminars where visitors can find out about the latest developments in the optical industry. An award presentation ceremony for the Eyewear Design Competition will also be held during the fair. A media guided tour will be held on the first day of the fair to give the media a first-hand look at the highlights of selected exhibitors’ products and services.
We cordially invite you or your representative to cover the fair, media tour and kick-off session of the 21st Hong Kong International Optometric Symposium and related events. Details of key events are as follows:
Fair Details (Physical) Date: 8 to 10 November (Wednesday to Friday) Time: (8 to 9 November) 9:30am – 6:30pm (10 November) 9:30am – 5pm Venue: Hong Kong Convention and Exhibition Centre Admission: For trade visitors aged 18 or above only. Onsite Registration Fee: HK$100 per person (Free for e-Badge registration and pre-registered buyers)
Click2Match (Smart business-matching platform) Date: 1 to 17 November
Media Tour Date: 8 November 2023 (Wednesday) Time: 2pm – 3pm Venue: Meet at 1:45pm at HKTDC SME Centre, G/F, Expo Drive Entrance, HKCEC Host: May Wong, Section Head, Business Development, HKTDC
Note: Press members can register to access the event at the Press Registration Counter (Hall 1D Concourse, HKCEC) by presenting a business card or media identification.
[Highlighted events]
8 November (Wednesday)
Award Presentation Ceremony for the 23rd Hong Kong Eyewear Design Competition: Organised by the HKTDC and the HKOMA, and co-organised by the Hong Kong Polytechnic University and the Hong Kong Institute of Vocational Education, the event aims to encourage and enhance the design standard of Hong Kong’s eyewear manufacturing industry and promote creativity in product design and style, so as to strengthen the interest of the younger generation in eyewear design.
Networking Reception: The reception promotes business discussions among industry insiders, with Dr Lo Kam-wing, Council Member of the HKTDC, serving as the officiating guest.
9 November (Thursday)
The 21st Hong Kong International Optometric Symposium: Jointly organised by the HKTDC, the Hong Kong Optometric Association and the Hong Kong Polytechnic University under the theme Empowering Community Eye Care through Artificial Intelligence and Telemedicine in Optometry, the symposium will see Dr Simon Tang, Director of Cluster Services of the Hospital Authority, will deliver the opening speech. A number of industry experts from around the world will explore the application of AI in optometry, the impact of telemedicine on healthcare and how it can be effectively applied to community eye care.
Seminar: Market Talk – Road Ahead for Eyewear Industry: Industry experts will discuss the latest fashion trends forecast and sustainability elements in the United States eyewear sector. Speakers will also explore the digitalisation of supply chain in the industry and its impact on manufacturing and retail, as well as the latest market outlook and potential of smart eyewear.
Seminar: Latest Developments in Standardisation for Optometry in Mainland China: 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 the latest developments in the mainland’s optometry product market.
[Featured Exhibitors]
The Optical Fair will showcase a variety of eyewear with innovative technologies as well as new products and services. Some of the featured exhibitors include:
360-degree scanning of the face for a personalised and fully customizable glasses experience
Local company 3DNA Eyewear will showcase its self-developed interactive eyewear customisation platform that can offer innovative and engaging eyewear retail experience. The kiosk format for retailers features backlit shelving, pull out frame drawers, 200 pieces of swatch display, adjustable 3D scanner mirror, and three high-definition monitors.
The machine will scan and measure customer facial features through computer software, then display a 3D avatar on the screen. Customers can tailor-make their own glasses with their personal style from a selection of more than 2,000 designs, with choices ranging from materials, patterns and colours to bespoke features such as narrow frames and printed names. The simulated design will be displayed on the monitor immediately.
Global retailers and suppliers are connected through the 3DNA open platform. then the final order will be sent directly to the production factories in mainland China, the United States, or the United Kingdom.
3DNA Technology Limited – Booth: 1CON-046
ChatGPT Smart Eyewear
First-time Hong Kong exhibitor Solos Technology Limited will feature the latest collection AirGo™ 3, smart glasses which combine ChatGPT with wearable tech.
Users can press and hold an action button on the smart glasses’ temple to ask ChatGPT a question. They will see the reply through the lenses and also hear the answer. SolosTranslate is another ChatGPT-supported service, a live language translation with the power of voice. The nine supported languages include Cantonese, French, Japanese, Korean, Mandarin and Spanish. AirGo™ 3 was officially released in SILMO in September this year with more than 100 patents.
Solos Technology Limited – Booth: GH-B38
More innovative and environmental eyewear can be found in the below selected exhibitors list: https://bit.ly/3QeVuge
Vancouver, British Columbia–(ACN Newswire – November 2, 2023) – Q2 Metals Corp. (TSXV: QTWO) (OTCQB: QUEXF) (FSE: 458) (“Q2” or the “Company“) is pleased to announce that it has entered into an agreement with 9219-8845 QC Inc., a private Quebec company dba Canadian Mining House (“CMH“) to buy back the 2% Net Smelter Production Royalty (the “NSR“) held by CMH on certain claims comprising the 100% owned Mia Lithium Property (the “Property“), located in the Eeyou Istchee James Bay Territory of Quebec, subject to customary closing conditions and the approval of the TSX Venture Exchange (“TSX-V“). The NSR is a portion of a 3% Net Smelter Production Royalty (the “CMH NSR“) held by CMH on certain claims comprising the Property.
“The buyback of the NSR is a yet another exciting step forward for Q2 as we progress with our inaugural drill program at Mia,” said Alicia Milne, CEO and President of the Company. “We are well funded, and our field team is on-site with two active drill rigs for Phase 1 of our 10,000-metre drill program. We look forward to reporting both sampling and drill results as they are received.”
The CMH NSR was issued to CMH on the completion of the acquisition of the Property, to which the Company had the right of first refusal to buy-back up to 1% of the CMH NSR for $1,000,000. The completion of the buy-back of the 2% NSR from CMH will result in the Property having an overall 1% NSR remaining on all claims and an additional 2% net smelter returns royalty in favour of Franco Nevada Corporation on twenty-eight of the Property claims.
In consideration for the NSR buyback, the Company will pay CMH a total consideration of $1,650,000, of which $500,000 cash is payable upon closing and the remaining $1,150,000 payable in a combination of cash and/or common shares of the Company, at the option of the Company, on or before December 31, 2023, with no less than $383,333.33 of the remaining payment being comprised of cash. Common shares, should they be issued in connection with the buyback, shall bear a four-month and one day restrictive hold period.
About Q2 Metals Corp
Q2 Metals Corp. is a Canadian mineral exploration company currently advancing exploration of its 8,668-ha flagship Mia Lithium Property in the Eeyou Istchee James Bay Territory of Quebec, Canada which is host to the Mia Li-1 and Mia Li-2 lithium occurrences. The Company also owns the Stellar Lithium Property with 77 claims totaling 3,972-ha, located approximately six kilometres north of its Mia Lithium Property.
Q2 is also exploring the highly prospective Big Hill and Titan gold projects covering approximately 110 km² in the Talgai Goldfields of the broader Warwick-Texas District of Queensland, Australia, hosting 54 high-grade historical gold mines.
This news release contains forward-looking statements and forward-looking information (collectively, “forward-looking statements”) within the meaning of applicable Canadian legislation. Forward-looking statements are typically identified by words such as: “believes”, “expects”, “anticipates”, “intends”, “estimates”, “plans”, “may”, “should”, “would”, “will”, “potential”, “scheduled” or variations of such words and phrases and similar expressions, which, by their nature, refer to future events or results that may, could, would, might or will occur or be taken or achieved. Accordingly, all statements in this news release that are not purely historical are forward-looking statements and include statements regarding beliefs, plans, expectations and orientations regarding the future including, without limitation, the buy back of the NSR, the timing of Closing, the receipt of all regulatory approvals, including the approval of the TSXV, the terms of the termination of the NSR, any statements or plans regard the geological prospects of the Company’s properties and the future exploration endeavors of the Company. Although the Company believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results or developments may differ materially from those in the forward-looking statements. Forward-looking statements are based on a number of material factors and assumptions. Factors that could cause actual results to differ materially from those in forward-looking statements include failure to obtain necessary approvals, unsuccessful exploration results, changes in project parameters as plans continue to be refined, results of future resource estimates, future metal prices, availability of capital and financing on acceptable terms, general economic, market or business conditions, risks associated with regulatory changes, defects in title, availability of personnel, materials and equipment on a timely basis, accidents or equipment breakdowns, uninsured risks, delays in receiving government approvals, unanticipated environmental impacts on operations and costs to remedy same. Readers are cautioned that mineral exploration and development of mines is an inherently risky business and accordingly, the actual events may differ materially from those projected in the forward-looking statements. Additional risk factors are discussed in the section entitled “Risk Factors” in the Company’s Management Discussion and Analysis for its recently completed fiscal period, which is available under Company’s SEDAR profile at www.sedarplus.com.
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.
NEW YORK, Nov 2, 2023 – (ACN Newswire) – Greenridge Global LLC (“Greenridge Global”) initiates equity research coverage on Society Pass Inc. (Nasdaq: SOPA) (“SoPa” or the “Company”), Southeast Asia’s (SEA) next generation, data-driven, loyalty, fintech and e-commerce ecosystem.
Click Here (on Society Pass website) to view the full Greenridge Global Equity Research Report.
Summary Points:
• Valuation: Greenridge Global initiates coverage with a target price based on an EV/Revenue multiple of roughly 3 times 2025 Revenue estimate of $33.3 million, discounted back one year at 20%. The mix of social/influencer advertising and a loyalty-driven eCommerce ecosystem present a unique opportunity to capture this growth, and collect an abundance of data that can be monetized down the road. Greenridge Global believes the market is not fairly valuing SoPa’s assets at this time and believe listing some of its subsidiaries provides greater transparency to SoPa’s overall business model.
• SEA is Ideal Market for SoPa: SoPa is uniquely positioned to capitalize on the young and rapidly growing digitally-connected population in SEA, which is poised to see among the highest GDP growth rates over the next handful of years, while having arguably less geopolitical risk than other countries.
• Loyalty Wallet to Drive Revenues Growth: The Company launched its Society Points Loyalty Wallet in June 2023 and should have all of its subsidiaries linked by the end of 2023, which should boost sales across businesses, increase retention and offer unique advertising opportunities to the 3.3 million users of its companies.
• Thoughtful Media Expected to See Substantial Revenue Generation: Thoughtful Media is in the early stages of rapid expansion, through strategic bolt-on acquisitions and opening new regional offices, all of which should result in substantial Revenue growth in the next few years.
• SEA Unbanked Population Offers Growth Potential for SoPa: Roughly 70% of Southeast Asia’s population is unbanked or underbanked, making the payment options of the Loyalty Wallet a starting point for the Company to deliver different financial service options to its users.
• Acquisitions to Drive NusaTrip Growth: The recent VLeisure acquisition and early rollup stages of traditional travel agencies, coupled with the mobile access Gorilla’s eSIM brings should turn NusaTrip into a holistic travel booking destination for the SEA region, which has seen rapid increases in travel post-Covid.
• Expected Capital Markets Activities in 2024 to Unlock Value: SoPa is in the midst of listing two of its key assets, Thoughtful Media and NusaTrip, which should enhance the valuation of these assets, as well as provide for more diverse funding and M&A options.
About Greenridge Global LLC
Greenridge Global was founded in June 2012 with the aim of providing a range of institutional services to small cap and Asian-based companies who have been abandoned by traditional broker-dealers. Greenridge’s growing team has a rich history of working in buyside, sell-side and investment banking capacities in the US and Asia, enabling it to have a broad network of investors and industry partners. We look forward to providing a high level of value added service to our corporate and investor clients around the world. For more information on Greenridge Global, please visit: Website at https://www.greenridgeglobal.com/home.html.
About Society Pass Inc.
Founded in 2018 as a data-driven loyalty, fintech and e-commerce ecosystem in the fast-growing markets of Vietnam, Indonesia, Philippines, Singapore and Thailand, which account for more than 80% of the SEA population, and with offices located in Bangkok, Ho Chi Minh City, Jakarta, Manila, and Singapore, Society Pass Incorporated (Nasdaq: SOPA) is an acquisition-focused holding company operating 5 interconnected verticals (loyalty, digital media, travel, telecoms, and lifestyle), which seamlessly connects millions of registered consumers and hundreds of thousands of registered merchants/brands across multiple product and service categories throughout SEA.
Society Pass completed an initial public offering and began trading on the Nasdaq under the ticker SOPA in November 2021.
SoPa acquires fast growing e-commerce companies and expands its user base across a robust product and service ecosystem. SoPa integrates these complementary businesses through its signature Society Pass fintech platform and circulation of its universal loyalty points or Society Points, which has entered beta testing and is expected to launch broadly at the beginning of 2023. Society Pass loyalty program members earn and redeem Society Points and receive personalised promotions based on SoPa’s data capabilities and understanding of consumer shopping behaviour. SoPa has amassed more than 3.7 million registered consumers and over 650,000 registered merchants and brands. It has invested 2+ years building proprietary IT architecture to effectively scale and support its consumers, merchants, and acquisitions.
Society Pass leverages technology to tailor a more personalised experience for customers in the purchase journey and to transform the entire retail value chain in SEA. SoPa operatesThoughtful Media Group, a Thailand-based, a social commerce-focused, premium digital video multi-platform network;NusaTrip, a leading Indonesia-based Online Travel Agency; VLeisure, Vietnam’s leading provider of hotel management and payment solutions; Gorilla Global, a Singapore-based, mobile network operator; Leflair.com, Vietnam’s leading lifestyle e-commerce platform;Pushkart.ph, a popular grocery delivery company in Philippines; and NextGen Retail, a Indonesia-based e-commerce platform.
This press release may include “forward-looking statements,” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. All statements other than statements of historical fact included in this press release are forward-looking statements. When used in this press release, words such as “anticipate”, “believe”, “estimate”, “expect”, “intend” and similar expressions, as they relate to us or our management team, identify forward-looking statements. Such forward-looking statements are based on the beliefs of management, as well as assumptions made by, and information currently available to, the Company’s management. Actual results could differ materially from those contemplated by the forward-looking statements as a result of certain factors detailed in the Company’s filings with the SEC. All subsequent written or oral forward-looking statements attributable to us or persons acting on our behalf are qualified in their entirety by this paragraph. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of the Company, including those set forth in the Risk Factors section of the Company’s registration statement and prospectus relating to the Company’s initial public offering filed with the SEC. The Company undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.
HONG KONG, Nov 2, 2023 – (ACN Newswire) – Ev Dynamics (Holdings) Limited (the “Company”, Stock Code: 476, together with its subsidiaries, collectively “Ev Dynamics” or the “Group”), is pleased to announce that an electric mobile command unit designed and developed by the Group, has been selected as the first electric mobile command unit by the Hong Kong Fire Services Department after a rigorous review. The vehicle will be delivered for use upon completion of all interior equipment and configuration requirements.
This electric mobile command unit is equipped with a powerful 350kW electric motor, and a battery capacity of 422 kWh. It also has a high-capacity uninterruptable power supply system to power the vehicle’s wireless communication system and electronic dispatch system, with a generator and a public power connection device to ensure the continuous normal operation of the system in any situation.
The vehicle uses pure electric clean energy, producing no exhaust emissions, noise, or vibrations. It achieves the environmental protection goal of zero roadside emissions and provides firefighters with a safer, more comfortable and quieter working environment.
Mr. Cheung Ngan, Chairman of Ev Dynamics, said, “The Group is honored that the electric mobile command unit we designed and manufactured has been selected as the preferred option by the Hong Kong Fire Services Department. This not only confirms the excellent quality of Ev Dynamics’ electric vehicles, but also provides a reference for further popularizing the use of electric vehicles in various scenarios in Hong Kong. The Group is well prepared to provide the Hong Kong market with more high-quality new energy application solutions.”
Design of the first electric mobile command unit of the Hong Kong Fire Services Department
About Ev Dynamics (Holdings) Limited (Stock Code: 476)
Ev Dynamics (Holdings) Limited is a pioneer and emerging prominent player in the world’s new energy commercial vehicle market, serving as a manufacturer of new energy passenger vehicles and specialized vehicles. It provides integrated driving and logistics solutions backed by its solid technological foundation in areas including new energy platform power systems and key components. It has a new energy vehicle R&D center located in Shenzhen, a manufacturing base located in Wulong, Chongqing, China, and a sales network covering Mainland China, Hong Kong, Asia Pacific and South America.
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