SINGAPORE, Oct 5, 2023 – (ACN Newswire) –Hackuity, the award-winning risk-based vulnerability management provider, joins a select list of companies to be accredited by the Infocomm Media Development Authority of Singapore (IMDA). This follows a series of landmark accomplishments by the team – most recently the recognition by the French government’s Grand Défi Cyber Stage 2.
“We are honoured to be part of the IMDA Accreditation programme. Over the years, we have witnessed Singapore gradually solidify itself as a cybersecurity hub in Southeast Asia, and an integral part of the cybersecurity supply chain globally. The government’s strong commitment to cybersecurity is evident through initiatives like research and development centres, incubator programmes, legal frameworks, and support for industry growth. We believe that the accreditation will extend beyond Singapore and will continue to support our expansion across the region,” said Pierre Samson, Chief Revenue Officer at Hackuity.
Launched in 2014, the IMDA Accreditation programme is vital in growing and nurturing the local Infocomm Media (ICM) technology ecosystem. The programme seeks to accelerate the growth of innovative, fast-scaling Singapore-based enterprise tech companies, establishing their credentials and positioning them as qualified contenders to government and large enterprise players through recurring market access platforms. By strengthening their track record in Singapore, IMDA also helps to accelerate their expansion into global markets.
Having worked with government agencies and global enterprises such as Thales, BNP Paribas, Pole Emploi, and Engie, Hackuity is poised to better support organisations in strengthening their cybersecurity posture and making sense of their threat prioritisation and attack surface.
“We welcome Hackuity, a pioneer in developing award-winning cyber vulnerability management technologies, as the latest addition in the IMDA Accreditation programme. With Singapore as the APAC headquarter, Hackuity is well placed to serve the region and sets the benchmark on how enterprises contextualise vulnerability. We look forward to partner with Hackuity to automate aggregation and the remediation process, unlocking new innovative use cases”, said Edwin Low, Director of Enterprise and Ecosystem Development at IMDA.
The global cybersecurity industry witnessed remarkable growth in recent years, estimated to be worth over US$173 billion, and projected to exceed US$420 billion by 2030 as the industry continues to grow at a CAGR of 8.9 per cent. Singapore, though smaller in scale, has rapidly grown to approximately US$2 billion in cybersecurity market value, and is aiming for $5 billion by the end of the decade.
Samson added, “A shortage of tech talent and specialists continues to persist regionally, and more needs to be done for organisations and governments to prepare themselves for the escalating battle ahead. The Singapore government has been steadfast and forward-thinking in supporting initiatives, going as far as committing S$1 billion in 2020 to be spent over three years to enhance their cybersecurity capability. The successful government-led policies offer a strategic platform for local, regional, and global cybersecurity firms seeking international expansion.”
Moving ahead, Hackuity is capitalising on the competitive advantages offered by its Attack Path Monitoring project’s disruptive innovations. The company’s ambition is to generate over 50 per cent of its business internationally by the end of 2024, and position Hackuity as a leader in the global Risk-Based Vulnerability Management (RBVM) market.
About Hackuity
80% of cyberattacks use a vulnerability published half a decade ago. Translation: either cybersec professionals don’t care (not true) or they can’t keep up on their own (it’s time we admit that). Fragmented teams, too many tools, and exploding vulnerabilities are a match made in heaven – for attackers.
Founded by experts from leading cybersecurity service providers, Hackuity reinvents Vulnerability Management to protect organisations worldwide. No BS. More VM. Remediate the real threats, faster. Hackuity is bringing *clarity* to cyber vulnerability chaos.
Hackuity is the winner of PwC Luxembourg’s Cybersecurity & Privacy Solution of the Year – People’s Choice Award (2023), has received the EIC Seal of Excellence from the European Innovation Counsel, and is featured on Wavestone’s 2023 French Cybersecurity Startups Radar. Hackuity is a member of Campus Cyber and has also won the Government-led Grand Défi competition (2021, 2023), the Assises Innovation Award (2021), the FIC Startup Jury Award (2021), and the BPI Innovation Competition Award (2019). Hackuity emerged from stealth and raised EUR12 million in 2022. Find out more atwww.hackuity.io/
SINGAPORE, Oct 5, 2023 – (ACN Newswire) – foundit (formerly Monster APAC & ME), a leading talent platform, has unveiled the foundit Insights Tracker (fit) report for August 2023, offering comprehensive insights into hiring trends across Malaysia, Singapore, and the Philippines. This in-depth analysis sheds light on the evolving employment landscapes in these dynamic Asian economies.
The tracker reveals several intriguing trends in the comparative analysis of job markets in Malaysia, Singapore, and the Philippines. Malaysia demonstrates a relatively consistent job demand over the past three months, signifying a stable market. Job opportunities in Malaysia have shown a positive resurgence with 1% month-over-month (MoM) growth and a robust 7% year-over-year (YoY) growth across various industries. In contrast, Singapore faces challenges with a -1% MoM and a significant -14% YoY decline in hiring demand. This adjustment aligns with a moderated economic growth curve, signalling signs of vulnerability in the job market and a reduced pace of hiring. The Tracker data also reveals a 4% decrease in job demand over the last three months. Similarly, the Philippines has witnessed volatility in its job market, with a 5% decrease in job demand over the same three-month period and negative 9% YoY trends. Despite this decline, the MoM uptick by 3% suggests a reviving job market, hinting at the potential for recovery in the near future.
Commenting on these findings, Sekhar Garisa, CEO of foundit, said, “Skill enhancement is crucial to navigating the ever-changing job market in this digital age successfully, and it is imperative that we remain flexible and well-prepared to embrace these changes. Malaysia is currently experiencing a favourable hiring environment, but there is an increasing demand for new skills across various sectors. On the other hand, Singapore has a moderated economic outlook, which provides a valuable opportunity for job seekers to enhance their skills and plan for the futureproactively. Meanwhile, the Philippines exhibits a recovering job market, underscoring the continuous need for learning and growth in alignment with changing hiring trends. Across these three diverse markets, the constant remains re-skilling and upskilling. The common thread connects job seekers and employers on their journey to success and progress in this rapidly evolving landscape.”
Malaysia demonstrated resilience with consistent job demand and notable growth in various sectors.
Malaysia experienced an extraordinary YoY growth of 88% in the hospitality sector. This growth can be attributed to strategic government initiatives, including substantial investments in overseas promotions and digital content on international television channels. In contrast, Singapore and the Philippines reported more modest figures of 8% and 0%, respectively.
The Retail sector witnessed remarkable growth in Malaysia (63%) and the Philippines (45%), with the latter also experiencing a robust double-digit month-on-month increase. Luxury e-commerce and the expansion of retail outlets contributed to this surge. In Singapore, the retail sector reported a -2% decline for August 2023. However, an optimistic outlook prevails for the upcoming quarter in Singapore’s retail industry.
The Logistics sector saw increased demand in Malaysia (25%) due to significant e-commerce growth. Conversely, Singapore (-4%) and the Philippines (-35%) faced challenges in this sector.
In the technology domain, notable declines were observed in IT, Telecom/ISP, and BPO/ITES in all three regions. The unpredictable global landscape impacted these sectors, with the Philippines showcasing a unique pattern of IT, Telecom (-22%) and BPO/ITES (0%).
Tech Sector Thrives: Malaysia’s 3% YoY Growth in Software, Hardware, and Telecom Roles
In Malaysia, the tech sector demonstrates commendable resilience, with Software, Hardware, and Telecom roles experiencing a 3% YoY growth. This growth reflects the ongoing digitisation efforts across industries, demanding professionals with technology expertise to drive innovation and efficiency. Sales & Business Development roles also recorded an impressive 34% YoY growth, signifying a proactive approach by businesses to expand their market presence and seize emerging opportunities.
Conversely, Malaysia’s Customer Service sector faced significant challenges, witnessing a substantial -44% YoY decline due to evolving dynamics and automation’s increasing role. In contrast, the Philippines experiences growth in the Customer Service domain, recording a 6% YoY trend, in line with its position as a hub for customer service outsourcing activities within the Business Process Outsourcing (BPO) sector. Singapore and the Philippines share a -18% and -23% YoY contraction in Marketing & Communications roles, possibly reflecting adjustments in marketing strategies amidst evolving market dynamics.
Regarding hospitality and travel roles, Malaysia sees a remarkable surge of 133% YoY growth. In contrast, Singapore and the Philippines report more conservative figures of 8% and 0% YoY growth for the same roles, respectively. Purchase/ Logistics/ Supply Chain professionals face diverse challenges, with Malaysia showing a slight 2% YoY increase, while Singapore (-9%) and the Philippines (-24%) report declines.
About foundit Insights Tracker
The foundit Insights Tracker (fit) offers a detailed perspective on hiring patterns in Malaysia, Singapore, and the Philippines, focusing on the demand for specific skills, available positions, and salary ranges in the market. This analysis provides essential insights for job seekers and employers navigating the evolving employment landscape.
Period for the Report
The period considered for the foundit Insights Tracker (fit) data is August 2022 vs. August 2023, offering a comprehensive view of hiring trends in these key Asian markets.
About foundit – APAC & Middle East
foundit, formerly Monster (APAC & ME), is a leading talent platform offering comprehensive employment solutions to recruiters and job seekers across APAC & ME. Since its inception, the company has assisted over 75 million registered users in finding jobs, upskilling, and connecting with the right opportunities across 18 countries. Over the last two decades, the company has been a catalyst in recruitment solutions with advanced technology, seeking to efficiently bridge the talent gap across industry verticals, experience levels, and geographies. Today, foundit is committed to enabling and connecting the right talent with the right opportunities by harnessing the power of deep tech to sharpen hyper-personalized job searches and precision hiring. foundit strongly believes that a job title does notdefine one’s potential and leverages technology to dig deeper to curate opportunities central to the needs and aspirations of each user.
SINGAPORE, Oct 5, 2023 – (ACN Newswire) – CorDx will take a revolutionary step in animal healthcare with the official global launch of CuPet at the 2023 Singapore Vet Show. CuPet aims to be customers’ first choice in animal health, offering a one-stop solution for all diagnostic needs.
CuPet will showcase its innovative solutions at the Singapore Vet Show at booth D12 from October 13-14, 2023.
With an unwavering dedication to animal well-being, CuPet delivers accurate, intuitive, and affordable diagnostic test kits. Focused on efficiency and speed, CuPet diagnostic tests are designed for both veterinarians and pet owners. The brand prioritizes precise disease identification, ensuring quick and reliable results when every second counts. CuPet’s comprehensive product range offers solutions for a variety of species and diseases, eliminating the need for multiple suppliers.
Developed through rigorous research, CuPet adheres to the highest scientific standards. The brand’s product line includes 13 CE-marked test kits, employing advanced technologies such as colloidal gold and PCR. CuPet ensures user-friendly design, enabling both professionals and first-time pet owners to trust their intuitive solutions.
CuPet doesn’t just provide products; it offers unparalleled customer support. From training to assistance, CuPet ensures that every user maximizes the utility and reliability of its products.
With a focus on affordability, CuPet challenges the market with competitive pricing without compromising on quality.
For More Information:
To view CuPet’s product range or request a demo, visit en.cupet.com.
About CorDx :
Headquartered in the United States, CorDx is transforming the global diagnostics industry with innovative R&D solutions, a vertically integrated supply chain, and manufacturing footprints across the United States and around the world. Through its product realization partnerships with leading pharmaceutical companies, CorDx develops, manufactures, and distributes diagnostics and related tools that empower users to monitor and improve their health. Its proprietary line of diagnostics solutions is recognized by families and medical professionals for their reliability, affordability, and rapid results.
CorDx, a CorDx Union company, is a biotechnology organization that delivers medical device solutions to healthcare industries and over a billion users in more than 170 countries.
From over 100 entries, 10 were selected as representing best practice. The Awards seek to recognise innovators who have harnessed technology to usher in a brighter future for the Asia Pacific region. The winners were revealed at the WiT Singapore Conference held on 3 October 2023.
The Travel Changemakers Awards 2023 are organised by WiT in conjunction with ATTIA to celebrate innovators in the Asia Pacific who seized the opportunity to introduce new initiatives and programs to transform their organisations and impact the entire industry.
“Bringing action to our thoughts, we focused on common elements – the environment, empowering local communities, nurturing talent – which led to the creation of the Travel Changemakers Awards 2023. We are thrilled to have the Asia Travel & Tech Industry Association’s support for this inaugural event. As I read through all the entries, I was inspired by the creativity, innovation, and the remarkable individuals making positive changes in the world,” said Yeoh Siew Hoon, founder of Web in Travel.
These changes are marked by the imaginative and clever use of technology at their core.
Chris Kerin, Managing Director of Asia Travel Technology Industry Association (ATTIA), shared, “ATTIA is primarily trying to drive collaborative relationships between members, governments and the rest of the industry. We want to promote the good work that is being done by everyone – government departments, NGOs, not-for-profit enterprises, and the private sector. If we can highlight all the good that is happening, it is a clear way for us to strengthen relationships and demonstrate our support for the industry.”
The 11 esteemed judges are recognisable leaders in their field and represented all aspects of the industry from tourism to hospitality, aviation to ground transportation.
Honours List
Comprising five distinct categories, Environmental Awareness and Action, Local Community Engagement, Hidden Gems, Regenerative Tourism, and Diversity & Inclusion, those honoured for each category are listed as follows. Many of the programs used technology to communicate their message and reach new audiences.
1. Environmental Awareness & Action Award
Cempedak Island Seven Clean Seas, for clearing over 780 tonnes of plastic on Bintan island inIndonesia while at the same time creating formalised jobs for local communities.
All Dreams Cambodia, for its #ONESTEPNOPLASTIC grassroots initiative, in which it teamed up with the country’s leading social media platform to combat plastic pollution in Cambodia and raise awarenessamong youths. About 15,000 kg of plastic was collected across five cities.
2. Local Community Engagement
The Island Foundation, for their Learning for Sustainability Framework, which is inclusive of the values, experiences and languages of children who live in remote small island and coastal communities, and isdelivered by people brought up in the communities they serve.
Khiri Reach for its #OpenThailandSafely campaign to address the pressing needs of Thailand’s economically tourism-dependent communities. The campaign rejuvenated the inbound tourism economyin Thailand and saw the collaboration of 60 Thailand-based inbound organisations working together.
3. Hidden Gems
Sentosa Development Corporation for SentoSights, a wide-ranging nature and heritage guided tour where participants explore Sentosa’s hidden gems as they discover the island’s natural and historicalheritage.
Tribe Tours, for their gamification and storytelling product, Chinatown Murders, a new form of game tour, where participants are thrown into a scenario to solve puzzles.
JOALI Maldives, for their JOALI Reef Restoration Programme(JRRP), which aims to restore the reef ecosystem by using coral nurseries that are later transplanted to the existing house reef using innovative Mineral Accretion Technology (MAT) to enhance coral growth with low-voltage direct current.
4. Regenerative Tourism
Pan Pacific Hotels Group, for repurposing the Parkroyal Collection Marina Bay’s 1985 architecture into a “garden-in-a-hotel” with regenerative features like an Urban Farm with over 60 types of greens.
Asian Oasis, for leading the regeneration of an abandoned tea plantation into theAraksa Tea Gardento a thriving, experience-based destination with tea-based workshops.
5. Diversity & Inclusion
JOALI Being, for a program that has empowered over 310 women, 65 school girls, and 11 artists in theMaldives.
Message from the Judges
The distinguished judgeswho supported the inaugural awards have honoured as visionaries those applicants whoturned their ideas into action. The judges were impressed with how the travel, tourism, and hospitality industries leveraged the lessons learned from the pandemic to map out a more promising journey for all travellers in thefuture.
Kenneth Lim, Assistant Chief Executive of Marketing Group at Singapore Tourism Board:“Being part of the judging panel for the WiT Travel Changemakers Awards has been an eye-opening experience. The entrants showcased remarkable innovation and dedication, and their impact on the industry is tangible. As we move forward, I anticipate even more transformative initiatives, as these awards inspire continuous growth and a future where travel remains dynamic, sustainable, and accessible for all. I am also proud to recognise these creative and meaningful innovations here in Singapore, where we bring together forward-thinking partners to meet, exchange ideas, and forge global connections.”
Loic Dujardin, Head of ESG at Traveloka:“We have seen some impressive submissions at the inaugural WiT Travel Changemakers Awards that comprise innovative, tech-driven programs that deliver a positive and tangible impact on the ground. With today’s consumers seeking more green experiences, Traveloka is heartened to see the industry embed sustainability in all that we do as we strive for a more equitable future.”
Rod Cuthbert, Chairperson at Jayride and Board Member of Veltra (Tokyo) and Tourism Tasmania; Founder of Viator: “The Hidden gems category was just that: some really surprising and thoughtful projects that have not only been very successful, they’ll definitely serve as examples for similar communities and businesses throughout the region.”
Aya Aso, CEO of SAVVY Collective:“I am honoured to have had the opportunity to learn about many of your initiatives, and at the same time, I am impressed by your energy. I know that many initiatives are still halfway to the success goal you may have set, but it is wonderful to see your powerful initiatives that start from small things and with something you are facing in front of you. A real changemaker is someone who does not stop here, but keeps going until the world is acting spontaneously. Good luck with your continued journey.”
For further information about the Awards, please kindly access this link.
Brisbane, Queensland, Australia–(ACN Newswire – October 4, 2023) – Graphene Manufacturing Group Ltd. (TSXV: GMG) (“GMG” or the “Company”) is pleased to advise that the Honourable Milton Dick Member for Oxley and Speaker of The Australian House of Representatives officially opened the THERMAL-XR® Coating Blending Plant on Thursday 28th September 2023.
Honourable Milton Dick said, “This blend plant represents a substantial investment in both technology and talent, featuring the latest advancements in nanotechnology coating production processes and quality control measures. The plant’s opening is a testament to GMG’s focus to develop into a world-leading energy-saving product manufacturing business.”
GMG’s CEO Craig Nicol stated, “GMG is very fortunate to be in the Federal seat of Oxley and to have a Federal Member who is very supportive of Industry. Speaker Milton Dick visited GMG at its Sumner Park location in 2020. The official opening is another significant milestone for GMG in striving towards achieving revenue from Energy Saving Products.”
GMG’s 4 critical business objectives remain to:
Produce Graphene and improve/scale the production process
THERMAL-XR® COATING SYSTEM is a unique method of improving the conductivity of corroded heat exchange surfaces and improving and maintaining the performance of new units at peak levels. The process coats and protects heat exchange surfaces while improving and rebuilding the lost corroded thermal conductivity and increasing the heat transfer rate by leveraging the physics of GMG Graphene, resulting in an efficiency improvement and a potential power reduction.
THERMAL-XR RESTORE® is powered by GMG Graphene. PATENT PENDING.
GMG is a clean-technology company which seeks to offer energy saving and energy storage solutions, enabled by graphene, including that manufactured in-house via a proprietary production process.
GMG has developed a proprietary production process to decompose natural gas (i.e. methane) into its elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, with low cost inputs, scalable, ‘tuneable’ and low/no contaminant graphene suitable for use in clean-technology and other applications. The Company’s present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications.
In the energy savings segment, GMG has focused on graphene enhanced heating, ventilation and air conditioning (“HVAC-R”) coating (or energy-saving paint), lubricants and fluids. In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries (“G+AI Batteries”).
For further information please contact:
Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223
Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041
Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.
This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as “intends”, “expects” or “anticipates”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “should”, “would” or will “potentially” or “likely” occur. This information and these statements, referred to herein as “forward‐looking statements”, are not historical facts, are made as of the date of this news release and include without limitation, statements regarding the ability of the Company to generate revenue from energy saving products, political support of the industry, and future market and distributor demand for the Company’s products.
These forward‐looking statements involve numerous risks and uncertainties and actual results might differ materially from results suggested in any forward-looking statements. These risks and uncertainties include, among other things risks relating to the Company failing to generate revenue from energy saving products, if at all, political support of the industry, the blending plant’s ability to service future market and distributor demand, and future demand for the Company’s products.
In making the forward-looking statements in this news release, the Company has applied several material assumptions, including without limitation, assumptions regarding the Company’s ability to generate revenue from energy saving products, political support of the industry, and future demand for the Company’s products.
Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.
LONDON, Oct 4, 2023 – (ACN Newswire) – Changes are being introduced to the WARC Awards for Effectiveness 2024, in association with LIONS, making the awards bigger than ever before. Now in their fourth year, the WARC Awards honour the best marketing campaigns from around the world that deliver strategic brilliance and effective impact to drive business success.
Five new regional awards: Asia-Pacific, Europe, Latin America, Middle East & Africa, and North America. Gold winners will compete at a global level
Entrants compete in one of five regional awards: Asia-Pacific, Europe, Latin America, Middle East & Africa, and North America.
The regional awards will each be judged by high-calibre panels made up of senior marketers from some of the biggest brands and top agency professionals from around the region. The juries will award Bronze, Silver and Gold accolades for each of the twelve entry categories.
Gold regional winners will automatically compete at a Global level, judged by a high-profile super jury made up of all the regional awards chairs (no need to re-enter or pay additional fees) for the chance to be elevated to Grand Prix status, the ultimate global recognition for marketing strategy and effectiveness.
Uniquely, submissions will be judged using the global standard of the WARC & LIONS Creative Effectiveness and B2B Effectiveness Ladders
A global marketing strategy and effectiveness benchmark like no other, the WARC Awards are judged rigorously and to a consistent standard regardless of origin of the entry, using the Creative Effectiveness and the B2B Effectiveness Ladders – universal frameworks for planning effective marketing communications to drive specific business-to-consumer and business-to-business outcomes.
Commenting on the changes to the 2024 WARC Awards, John Bizzell, Awards Lead, WARC, said: “WARC’s consistent, rigorous and definitive approach to judging marketing strategy and effectiveness is more valuable than ever for brands, media owners and agencies who want to prove they can deliver commercial success in the current financial climate.
“The expansion of the WARC Awards for Effectiveness provides marketers everywhere the ideal platform to showcase their great work, demonstrate their impact in their region and be up against the best in the world, ultimately helping drive the industry forward by imbedding a culture of effective marketing.”
Key dates for WARC Awards 2024
24 October 2023: Open for entries 12 December 2023: End of early bird entry fee 6 February 2023: Final deadline for entries 14 May: Regional awards’ shortlists announced 20-25 May 2023: Bronze, Silver, Gold winners announced for all regional awards May-June: Gold winners automatically proceed to compete globally June: WARC Awards 2024 Grand Prix winners announced during Cannes Lions week
All previous WARC legacy awards for effectiveness, media and strategy are now subsumed into these WARC Awards. Entry fees are priced consistently across the globe, with a lower fee for WARC customers. For more information on the new WARC Awards, register your interest here.
About WARC – The global authority on marketing effectiveness
For over 35 years, WARC has been powering the marketing segment by providing rigorous and unbiased evidence, expertise and guidance to make marketers more effective. Across four pillars – WARC Strategy, WARC Creative, WARC Media, WARC Digital Commerce – its services include 100,000+ case studies, best practice guides, research papers, special reports, advertising trend data, news & opinion articles, as well as awards, events and advisory services. WARC operates out of London, New York, Singapore and Shanghai, servicing a community of over 75,000 marketers in more than 1,300 companies across 100+ markets and collaborates with 50+ industry partners.
WARC is an Ascential company. Ascential delivers specialist information, analytics, events and eCommerce optimisation to the world’s leading consumer brands and their ecosystems. Our world-class businesses improve performance and solve customer problems by delivering immediately actionable information and visionary longer-term thinking across Digital Commerce, Product Design, Marketing and Retail & Financial Services.
With more than 3,800 employees across five continents, we combine local expertise with a global footprint for clients in over 120 countries. Ascential is listed on the London Stock Exchange.
NEW YORK, Oct 4, 2023 – (ACN Newswire) – Diamond Equity Research, a leading equity research firm with a focus on small capitalization public companies has initiated coverage of QuantaSing Group Limited (NASDAQ: QSG). The in-depth initiation report includes detailed information on the QuantaSing Group’s business model, services, industry, valuation, management, and risks.
The full research report is available here. Highlights from the report include:
Diversified Scalable Technology Platform Infrastructure Enabling Diversified Course Offerings – QuantaSing started its journey in July 2019 by launching its flagship online financial learning service, QiNiu. The company gained significant traction early on, making it the largest online financial literacy platform for adults in China. It then introduced enterprise-focused services in February 2020, followed by the launch of JiangZhen and QianChi as a part of the company’s other personal interest courses in August 2021 and June 2022, respectively. Building on its initial success in financial literacy and broadening the scope of its technology platform for adult learners, the company built “truly” diversified offerings, enabling it to scale, increase its revenue sources, and reduce its dependency on a single segment.
Robust KPIs, Signifying Effective Strategy Implementation – QuantaSing has laid out a multifaceted growth strategy that leverages its core strengths in technology and educational content. The strategy focuses on increasing learners’ engagement and retention by continually enriching course offerings based on proven customer demand along with quality human capital and expanding the user base by using data-driven marketing approaches. Additionally, the company invests heavily in building proprietary technology and data analytics to optimize learner experience and operational efficiency. These efforts are being reflected in the company’s operating metrics and financial numbers. The total registered users grew from 17.0 million as of June 2021 to 94.3 million as of June 2023, while the total paying learners saw a healthy increase from 0.8 million for 2021 to 1.1 million for 2022. Moreover, the company has also extended its successful business model to other platforms and diversified by providing enterprise services. The enterprise services revenue has registered robust growth from RMB 144.31 million in 2021 to RMB 340.9 million in 2023. Finally, the company is eyeing overseas expansion and considering strategic collaborations, potentially through investments or acquisitions, to expand its market share. Recently, the company announced the acquisition of Kelly’s Education, an online language education platform, and forayed into the live e-commerce sector to further drive long-term growth.
Leader in a Fragmented, Rapidly Growing Market – QuantaSing has secured a dominant role in China’s fragmented but rapidly expanding adult personal interest learning market. In a market characterized by the presence of many players, QuantaSing has held a leading position for two consecutive years. The adult personal interest learning market generated a revenue of RMB 153.5 billion in 2022 and is expected to grow at a CAGR of 14.1% from 2022 to 2027. While QuantaSing primarily focuses on the individual segments, there’s also burgeoning potential in the enterprise services segment, where businesses are increasingly investing in professional development programs for employees. QuantaSing’s growing brand recognition and customer loyalty allows it to leverage cross-selling and upselling opportunities, acting as a potential barrier to entry in a competitive market.
The Need for Lifelong and Adult Learning – The rapid economic and technological growth in China has spurred an increasing demand for lifelong and adult learning as an economic imperative. Driven by advancements in automation and digitization and an aging workforce, the need for continuous upskilling and reskilling has never been greater. This urgency is further amplified by the deeply ingrained Chinese perspective that sees education as a holistic, lifelong endeavor, a view supported by overwhelming public opinion in recent surveys. In a society that highly values education for personal growth, workplace competence, and staying abreast with current times, adult learning programs and personal development are essential for sustained career paths and the overall economic vitality of the nation.
Valuation – A blended discounted cash flow analysis and comparable company analysis approach, assuming a 13.0% discount rate, 1.5% terminal growth, and 1.95x EV/Sales multiple, yielded a valuation of $10.75 per share, contingent on successful execution by the company.
About QuantaSing Group Limited
QuantaSing Group Limited, founded in 2019 and based in Beijing, offers a variety of online courses for adult learners and enterprises services in China. Their educational brands include QiNiu, JiangZhen and, QianChi. For more information, visit https://ir.quantasing.com/
About Diamond Equity Research
Diamond Equity Research is a leading equity research and corporate access firm focused on small capitalization companies. Diamond Equity Research is an approved sell-side provider on major institutional investor platforms.
Diamond Equity Research LLC is being compensated by QuantaSing Group Limited for producing research materials regarding QuantaSing Group Limited, and its securities, which is meant to subsidize the high cost of creating the report and monitoring the security, however, the views in the report reflect that of Diamond Equity Research. All payments are received upfront and are billed for an annual or semi-annual research engagement. As of 10/04/2023, the issuer had paid us $60,000 for our company sponsored research services for coverage in English and Mandarin, which commenced 08/09/2023 and is billed annually. Diamond Equity Research LLC may be compensated for non-research related services, including presenting at Diamond Equity Research investment conferences, press releases and other additional services. The non-research related service cost is dependent on the company, but usually do not exceed $5,000. The issuer has paid us for non-research related services as of 10/04/2023 consisting of $3,000 for presenting at virtual investor conference. Issuers are not required to engage us for these additional services. Additional fees may have accrued since then. Although Diamond Equity Research company sponsored reports are based on publicly available information and although no investment recommendations are made within our company sponsored research reports, given the small capitalization nature of the companies we cover we have adopted an internal trading procedure around the public companies by whom we are engaged, with investors able to find such policy on our website public disclosures page. This report and press release do not consider individual circumstances and does not take into consideration individual investor preferences. Statements within this report may constitute forward-looking statements, these statements involve many risk factors and general uncertainties around the business, industry, and macroeconomic environment. Investors need to be aware of the high degree of risk in small capitalization equities, including the complete loss of their investment. Investors can find various risk factors in the initiation report and in the respective financial filings for QuantaSing Group Limited.
HONG KONG, Oct 4, 2023 – (ACN Newswire) – The Hong Kong Electronics Fair (Autumn Edition), organised by the Hong Kong Trade Development Council (HKTDC), and electronicAsia, organised by the HKTDC and MMI Asia Pte Ltd, will run concurrently from 13 to 16 October at the Hong Kong Convention and Exhibition Centre (HKCEC). Shortly after, the Hong Kong International Lighting Fair (Autumn Edition) will run at the HKCEC from 27 to 30 October and Hong Kong International Outdoor and Tech Light Expo from 26 to 29 October at AsiaWorld-Expo.
Sophia Chong, Deputy Executive Director of the HKTDC (centre); Steve Chuang, Chairman of the HKTDC Electronics/Electrical Appliances Industries Advisory Committee [L]; and Victor Choi, Chairman, Hong Kong Electronics & Technologies Association [R]
The four fairs, hosting over 6,200 exhibitors from 35 countries and regions, will present a wide range of top-notch smart products and solutions, related services and information, lighting products and technologies for many industries, bringing exhibitors and buyers cross-sectoral business opportunities.
GooVision Technology Company Limited, an EFAE exhibitor, showcases a headset that brings excellent Extended Reality (XR) experience
Sophia Chong, Deputy Executive Director of the HKTDC, told the pre-event press conference: “October is the peak season for exhibitions. The four exhibitions we launch this month attract a number of innovative companies with strong potential, gathering exhibitors not just from local, but also from Mainland China, Taiwan, Japan, Korea, Indonesian, Malaysia, Singapore, and other countries and regions; and European countries such as Denmark, France, Germany and Switzerland; as well as the United States. It shows that the industry is actively seizing the huge opportunities brought about by innovation and technology to expand business opportunities through the fairs.”
InnoTech Association Limited will showcase at Electronics Fair smart glasses that utilise artificial intelligence computer vision to convert text into speech for visually impaired individuals
Three highlight zones filled with top of the range technology companies
The Electronics Fair and electronicAsia will host nearly 3,200 exhibitors from 22 countries and regions. Themed New Tech. New Trend. New Lifestyle, the electronics show will bring together a plethora of smart home and office products, such as IoT household goods, health and beauty care products, home and office appliances, entertainment and game products and more, opening up an exciting indoor digital world for the public as artificial intelligence (AI) applications proliferate. The fair also launches outdoor products – including in-vehicle electronics and navigation systems, mobile chargers, sports, camping and outdoor goods – offering users an interesting and enjoyable outdoor life.
The old wing of HKCEC will be dedicated to showcasing technology products and services, including products and solutions utilising deep tech. Among them, the Tech Hall will highlight the latest virtual reality (VR) and augmented reality (AR) products and robotics inventions; whereas in the Start-up Zone, technology entrepreneurs will present innovative and promising products and solutions. In addition, there are zones showcasing a diverse range of electronic products including connected home items, computer and electronic gaming products, as well as in-car devices.
The new wing of HKCEC will primarily showcase appliances and consumer products. Among them, the Hall of Fame Zone will showcase consumer electronics products from renowned brands around the world, providing the public with a convenient and tasteful smart life; the debut Energy Storage Zone will showcase high-capacity mobile chargers.
The fair has attracted a number of top-tier exhibitors including Italian home appliance brand LAICA,Japan’s Toshiba Lifestyle Products & Services Corporation, a Hong Kong-listed company providing IoT solutions Tuya (HK) Limited; a tech firm invested by Haier Group, Qingdao Thunderobot Technology Co.,Ltd; and Huizhou TCL Mobile Communication Company Limited.
At electronicAsia, a wide range of electronics parts and components and related solutions will be showcased, from keyboards and switches, power supplies and photovoltaic (PV) technologies for renewable energy solutions, printed circuit boards and EMS, display technology, to test and inspection equipment. First-time participants of the fair include Amicro Semiconductor Co., Ltd., a “little giant” from Zhuhai listed as a top performer among small and medium-sized enterprises (SMEs) for its exceptional mastery of key technologies and remarkable innovation capacity. In addition, OncQue Corporation from Taiwan, a company specialising in development of technological devices such as vibration sensors and optical sensors, will also be at the fair.
With the support of the Hong Kong Science and Technology Parks, IOTHK Association and Jumpstart, the Start-up Zone brings nearly 80 exhibitors with eye-opening technologies. Among them, Hong Kong enterprise Full Nature Farms revitalised industrial premises into an indoor farm, using the biomimicry farming techniques and Artificial Intelligence of Things (AIoT) to efficiently cultivate affordable organic vegetables and edible flowers.
Symposium on Innovation & Technology discusses key technology issues on first day
A number of seminars and events at the fairs will examine key technology issues. The Symposium on Innovation & Technology, jointly organised by the HKTDC and Hong Kong Electronics & Technologies Association, will be held on the first day (13 October). Prof Dong SUN, JP, Secretary for Innovation, Technology and Industry Bureau, will officiate at the event and deliver opening remarks. Themed Unlocking Possibilities: Harnessing AI for Innovation in Consumer Electronics, the forum has invited heavyweight speakers to share insights on industry-related topics, explore the applications and opportunities of generative AI, and discuss hot topics such as metaverse, VR and XR (Extended Reality), and sustainable development.
The Hong Kong Electronic Forum, co-organised by the HKTDC, MMI Asia Pte Ltd and the Hong Kong Electronic Industries Association, will be held on the second day of the fair to explore multiple hot issues such as microelectronic ecosystems. The Reliability and Prognostics Health Management of Microelectronics Forum will be held on the closing day of the fairs.
At other events, including the Investment Matchmaking, Hong Kong Value Creation for Technology: Pitching Competition and Meet the Mentors, start-ups will promote innovative ideas, invite support from investors and seek advice from experts on business development.
Connected Lighting Zone launches at Autumn Lighting Fair
Under the theme Light Up Every Opportunity, the Hong Kong International Lighting Fair (Autumn Edition) and Hong Kong International Outdoor and Tech Light Expo will gather more than 3,000 exhibitors from over 30 countries and regions. The 25th Autumn Lighting Fair this year introduces the Connected Lighting Zone, highlighting smart and IoT-enabled lighting solutions from renowned international companies and brands, including Leedarson, Midea, Snappy, Quectel, as well as members of DALI Alliance and Shanghai Pudong Intelligent Lighting Association. Another highlighted zone – Hall of Aurora – will also bring together premium lighting products from top-tier global brands, including Megaman, Prosperity Group and Signify. Other thematic zones include Commercial Lighting, Residential Lighting, LED Lighting, LED Essentials, Smart Lighting & Solutions.
Outdoor and Tech Light Expo spotlights sustainable lighting design
The Hong Kong International Outdoor and Tech Light Expo will present such product zones as Exterior Lighting Solutions and Systems, Horticultural Lighting, Innobuild, Outdoor Advertising Lighting, Outdoor and Public Lighting as well as Technical and Professional Lighting.
The Lighting Fairs will feature forums and seminars including the Connected Lighting Forum at the HKCEC from 27 to 28 October, with the themes of Unlocking New Realms in Connected Lighting and Smart Lighting for Healthy Living. Seminars for Outdoor and Tech Light Expo, themed Sustainable Lighting Design and Energy Solutions for a Greener Future in Hong Kong, will also be held at AsiaWorld-Expo on 26 and 27 October.
During the fair period, free shuttle bus service will be provided for registered exhibitors and buyers between the HKCEC and AsiaWorld-Expo.
Under the EXHIBITION+ hybrid model, exhibitors and buyers can use the Click2Match smart business matching platform to conduct online meetings, in addition to attending the physical fair, and participants from all industries and buyers are welcome to join.
Media enquiries The HKTDC’s Communications and Public Affairs Department: Hong Kong Electronics Fair (Autumn Edition) electronicAsia Frankie Leung, Tel: (852) 2584 4298, Email: frankie.cy.leung@hktdc.org Janet Chan, Tel: (852) 2584 4369, Email: janet.ch.chan@hktdc.org
Hong Kong International Lighting Fair (Autumn Edition) Hong Kong International Outdoor and Tech Light Expo Snowy Chan, Tel: (852) 2584 4525, Email: snowy.sn.chan@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
Abu Dhabi, 4 Oct, 2023 – (ACN Newswire) – PT Pertamina International Shipping (PIS) has once again engaged international partners to expand its presence in the global market and explore additional business opportunities in support of energy supply and security.
PIS has signed an agreement with BGN, a leader in global energy, in which the two companies outlined prospective collaborations that span joint ownership of Very Large Gas Carrier (VLGC) vessels, LPG cargo transportation, vessel leasing, amongst others, establishing the foundation for an enduring partnership. The first two vessels may be delivered as early as the first quarter of 2024.
With a current fleet size of 97 vessels, this deal further strengthens PIS’s position as a key player in the maritime industry. It also reinforces BGN’s position as an emerging maritime asset owner, with a growing number of LPG carriers in its fleet to facilitate the company’s trading operations.
BGN, present in 23 countries including offices in Dubai, Geneva, Houston, Rotterdam and Singapore, is a significant LPG trader and is a supplier to Indonesia.
The signing took place at ADIPEC (Abu Dhabi International Petroleum Exhibition and Conference) 2023, the world’s largest energy exhibition and conference, where this year’s theme is “Decarbonising. Faster. Together.” It was hosted at the Indonesian Pavilion led by SKK Migas (Special Task Force for Upstream Oil and Gas Business Activities).
The collaborative agreement was signed by PIS CEO Yoki Firnandi, and BGN CEO Ruya Bayegan, and witnessed by the Head of SKK Migas Dwi Soetjipto, Independent Commissioner of PT Pertamina (Persero) Iggi H. Achsien, Technical Advisor at Ministry of Energy and Mineral Resources Nanang Untung, Special Advisor to Minister for Acceleration of Infrastructure Development and Investment at Ministry of Energy and Mineral Resources Triharyo Susilo, Vice President SKK Migas Erwin Suryadi, and other distinguished guests, along with BGN’s head of shipping Ozan Turgut and other senior executives.
“The collaboration on VLGC and LPG cargo businesses with BGN is a tangible expression of PIS’s commitment to expand LPG commodity businesses and increase PIS’s share in its non-captive market, to strengthen national energy security,” stated Yoki.
BGN CEO Ruya Bayegan added “BGN excels at strong business partnerships and we are pleased to move forward with this new arrangement with Pertamina International Shipping (PIS). BGN’s collaboration with PIS will further enhance our maritime fleet to facilitate our growing energy trading business, cementing our position as a significant LPG trader, as well as supporting the Indonesian energy system.”
PIS and BGN have also been contributing to the vibrancy of ADIPEC 2023, which gathers together the global players in the oil and gas industry and supports the key themes of the forthcoming COP28 climate summit that will also take place in the UAE. This year’s ADIPEC has attracted participation from over 2,200 companies representing 30 countries worldwide, with a total of more than 15,000 delegates and 160,000 attendees.
About Pertamina International Shipping (PIS) Pte Ltd
As an Integrated Marine Logistics Subholding, PT Pertamina International Shipping (PIS) supports Indonesia’s economic growth through safe and sustainable operations, becoming a trusted and reliable maritime partner. Besides a total of 750 owned ships, PIS manages time and spot charters that can be leased through e-chartering. See https://pertamina-pis.com
About BGN International
As a leading energy companies, BGN efficiently conducts trading, storage, and transportation of petroleum products, petrochemicals, and commodities worldwide. Our integrated business model ranges from oil and gas trading and distribution to financing energy projects. Thanks to our established relationships with refineries, producers, state oil companies and international traders, we are present throughout the energy value chain. We also invest in infrastructure development to enhance our trading activities. Visit https://bgn-int.com.
KUCHING, MALAYSIA, Oct 4, 2023 – (ACN Newswire) - The Sarawak Government today officially launched the 27th World Congress on Innovation and Technology and the 6th International Digital Economy Conference Sarawak, otherwise collectively known as WCIT|IDECS 2023 (the ‘Event’), two international technology events held concurrently and targeted at business leaders, senior corporate figures, government representatives, policymakers, civil society, and industry experts.
The official launch of WCIT|IDECS 2023 and the Sarawak Digital Economy Blueprint 2023
Today’s opening ceremony of the three-day Event at Borneo Convention Centre Kuching (BCKK), Sarawak, Malaysia, saw the convening of more than 10,000 attendees from 46 countries around the world, with the convergence of the events serving as a platform for attendees to discuss, exchange knowledge, share insights, and establish a real, definite pathway forward in driving an innovation, technology and sustainability-centric business ecosystem and community, especially in the face of rapidly evolving 21st century challenges.
Present at the official launch of WCIT|IDECS 2023 was The Right Honourable Datuk Patinggi Tan Sri (Dr) Abang Haji Abdul Rahman Zohari Bin Tun Datuk Abang Haji Openg, Premier of Sarawak.
The Right Honourable Datuk Patinggi Tan Sri (Dr) Abang Haji Abdul Rahman Zohari Bin Tun Datuk Abang Haji Openg, the Premier of Sarawak said, “Sarawak is at the critical juncture of our next phase of growth, and technology and innovation are key drivers to push forward our vision to accelerate economic growth, social inclusivity, and environmental sustainability. To drive Sarawak’s growth, we have put in place policies and facilitate public and private collaborative efforts to drive digital transformation across the facets of our economy. One of the key priority areas for Sarawak is to fast-track the development of our digital infrastructure; after all, connectivity is key for growth, especially for us to remain on track on our digitalised economy aspirations. Ultimately, it is the people and communities that we want to benefit, and through our digitalisation efforts, we hope that this will trickle down to the Sarawakian communities that we serve, to build and create a thriving, vibrant digital and date-driven ecosystem for the future.”
In conjunction with WCIT|IDECS 2023, the Sarawak Government has also launched the Sarawak Digital Economy Blueprint, with the vision to transform Sarawak from conventional resource-based to an environmentally sustainable technology-driven economy and society. Under the Blueprint, digital acceleration is a key enabler to strengthen Sarawak’s economic competitiveness, create job opportunities and new generations of digital industries, as well as develop a vibrant tech sector – with the ultimate goal of developing an inclusive digital society and achieving high-income developed status for Sarawak by 2030.
Themed “Fulfilling the Promise of the Digital Age: Innovation and Technology Driving Economic Prosperity, Social Inclusivity & Environmental Sustainability” and “Advancing Digital Economy for Sustainable Development” respectively, WCIT|IDECS 2023 featured global leading and prominent thought leaders, corporate leaders, and award-winning innovators who shared topics around artificial intelligence (AI), sustainability, 5G, autonomous, diversity & inclusivity, smart cities, global ICT policy, and space tech, and more specifically, how they can influence companies and communities that we know today.
Dr Sean Seah, Chairman of World Innovation, Technology and Services Alliance (WITSA) said, “We are thrilled to see the 27th World Congress on Innovation and Technology (WCIT) 2023 take place in Kuching, a city brimming with potential and charm. This choice reflects our ongoing mission to spotlight emerging innovation and tech hubs across the world. With the continual rapid advancement in technology, such gatherings are pivotal in fostering collaboration and ensuring we remain at the forefront of innovation.”
Host association PIKOM Chairman Ong Chin Seong said, “Congratulations to Sarawak for successfully organising a world-class technology and innovation event. PIKOM is proud to be associated with the event and has galvanised our 1,000 members and its regional affiliates around the region to, directly and indirectly, support the event. Apart from the content, the networking and potential business opportunities are what drive PIKOM to arrange delegates and exhibitors to attend WCIT almost every year. PIKOM had the honour of organising WCIT 2022 in Penang and for this year, we support WCIT|IDECS 2023 as the Host Association. We would like to thank WITSA for giving Malaysia the opportunity to host WCIT for 2 consecutive years and SDEC for a great job in putting together an event of this stature.”
As a pre-event in the lead-up to WCIT|IDECS 2023, the Sarawak Government has also hosted the inaugural She-Tech Asia Forum 2023 (the ‘Forum’) on 3 October 2023. The Forum focused on women’s representation in the technology industry, addressing the gender imbalance conversation in technology as well as the challenges faced by women in the industry. The Forum also served as a networking opportunity to connect like-minded women leaders and professionals in technology, to encourage collective growth and development.
Yang Berhormat Dato Sri Hajah Fatimah Abdullah, Minister of Women, Early Childhood and Community Wellbeing Development Sarawak said, “The inaugural launch of the She-Tech Asia Forum is a powerful statement of intent, reflecting the Sarawak state government’s fervent belief that for true progress to be claimed, there first needs to be a foundation built upon gender equality and women empowerment. We recognise a strong need to continue investing in skill enhancement and educational opportunities for women, in order to directly bridge the gender gap in the technology sector. Today, we also announced the Pledge and Bellina Roadmap, drawn upon perspectives crowdsourced from the diverse audience and participants of the Forum, which will form the backbone and set the tone for us to move the needle for the women agenda, especially in Sarawak.”
Amongst some of the most engaging presentations and key conversations during this prestigious event include:
· ‘The AI Powered Organisation’ by Mike Walsh, Futurist, Chief Executive Officer (CEO) of Tomorrow and author of three best-selling books;
· ‘Avatar and the Future Society’ by Professor Hiroshi Ishiguro, leading Japanese roboticist and professor at Osaka University, and ATR intelligent robotics and communication laboratories;
· ‘Changing the World with Code’ by Emma Yang, Founder of Timeless, three-time Carnegie Hall performer, MIT solver, and TEDx Speaker;
· ‘She Mogul’ by Tiffany Pham, Founder and CEO of Mogul, TV personality on TLC and History Channel, and WSJ best-selling author of ‘You are a Mogul and Girl Mogul’;
· ‘Robotics, AI and the Future of Healthcare’ by Grace the Robot, the world’s foremost nursing assistant robot designed for elderly care and support, and developed by Awakening Health; and
· ‘From Efficiency to Empowerment: How AI is Reshaping the World of Work’, a CEO Forum which saw a robust discussion between panellists Catherine Lian, Managing Director of IBM Malaysia, Simon Sun Luyuan, CEO of Huawei Malaysia, Simon Bush, CEO of Australian Information Industry Association (AIIA), and Azizah Ali, COO of Microsoft Malaysia, and moderated by Philipp Kristian of Trust the Power of Digital Humanity.
![Sophia Chong, Deputy Executive Director of the HKTDC (centre); Steve Chuang, Chairman of the HKTDC Electronics/Electrical Appliances Industries Advisory Committee [L]; and Victor Choi, Chairman, Hong Kong Electronics & Technologies Association [R]](https://photos.acnnewswire.com/20231004.HKTDC1.jpg)
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