Alibaba (9988.HK), Huitongda Network (9878.HK), and Wanchen Group (300972.SZ) are all jumping on this “new trend” with accelerating development

EQS via SeaPRwire.com / 01/09/2025 / 15:25 UTC+8 During Alibaba's (9988.HK) earnings call on August 29th, CEO Eddie Wu explicitly identified two strategic opportunities for Alibaba: a technology platform centered on "AI + Cloud", and a large-scale consumer platform integrating shopping and lifestyle services. Wu emphasized, "Alibaba's approach to instant retail isn't focused on competing in a single consumer category, but rather on meeting the one-stop needs of billions of consumers, shaping the business model of a large-scale consumer platform in the AI era." Coincidentally, Huitongda Network (9878.HK), a strategic investment by Alibaba, released its interim results on August 28, also emphasizing the implementation of its "AI+" strategy, as well as expressing its intention to tap into new consumer subsegments such as "hard discounts" and "instant retail". Wanchen Group (300972.SZ), another company specializing in retail bulk sales, staged a strong limit-up last Friday. The convergence of technology and new consumption, integrating elements such as hard discount and instant retail, heralds the emergence of a “new trend”. Alibaba made a strategic investment in Huitongda in 2018, and remains a key strategic shareholder and the company's largest institutional shareholder. In August of this year, Alibaba Cloud and Huitongda signed a comprehensive full-stack AI collaboration, focusing on "AI + Industry" development in lower-tier markets. Targeting 300 million households and 4.7 million township mom-and-pop stores, the two companies will jointly develop and deploy multiple AI agents to expand their customer base and transaction volume, simultaneously improving urban and rural circulation efficiency and monetizing the industrial and retail data from lower-tier markets. On "instant retail", Alibaba and others have set off a trend of "flash sales" and "instant delivery" in the higher-tier markets; and Huitongda, being one of its investments, is leveraging its deep understanding of the lower-tier markets, combining digitalization and supply chain capabilities to transform some traditional rural businesses into new retail terminals with online ordering and door-to-door delivery. It is conceivable that in the future, after the full cooperation on AI, Alibaba and Huitongda will replicate the "instant retail" model in the lower-tier markets. On the other hand, "hard discount" has also become a buzzword for many platforms in the large consumer sector. “Haoxianglai”, a brand under Wanchen Group, has rapidly expanded its snack sales business, with over 10,000 stores and surging performance across its revenue and net profit. Its stocks hit the daily limit after opening on August 29. Huitongda, which owns 250,000 member stores, also mentioned in its financial report for the same period that it will focus on expanding the "hard discount" category to meet the needs of a wider customer base. Analysis indicates that with the thrust of AI, the consumer market is accelerating its evolution toward high-frequency, full-scenario, and diversified experiences. 01/09/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Huitongda Network (9878.HK) reported satisfactory 2025 interim results, with three key profit metrics reaching record highs; AI-related revenue brings accelerating growth

EQS via SeaPRwire.com / 01/09/2025 / 12:14 UTC+8 On the evening of August 28, Huitongda Network (9878.HK) released its 2025 interim results.During the reporting period, Huitongda Network achieved an operating profit of RMB356 million, representing a year-on-year (“YoY”) increase of 15.9%; profit attributable to equity shareholders of the company reached RMB139 million, representing a YoY increase of 10.8%; gross profit margin increased significantly by 1.1 percentage points YoY to 4.6%, a substantial YoY increase of 31.4%; and net cash generated from operating activities also reporting a significant increase of 65.7% YoY. The company's three key financial metrics, including gross profit margin, net profit margin, and net profit margin attributable to equity shareholders of the company, have all reached record highs.Since the second half of 2024, Huitongda has initiated its strategic upgrade, focusing on "quality and efficiency enhancement” and “innovative development". By proactively streamlining its low-margin and low-efficiency businesses, the company has further refined its revenue mix, with sales from self-owned brands exceeding RMB80 million, representing a YoY growth of over 490%; AI-related revenue contribution climbed to over 20% of total service revenue, or roughly RMB60 million or above, showcasing the effectiveness of its strategic upgrade.In the first half of 2025, Huitongda Network has seen rapid development of its “Self-owned brands”, “Integrated Production and Sales”, and “AI+” initiatives. Looking into the second half, the company plans to actively expand into areas such as “hard discounts”, “instant retail”, and “cross-border e-commerce”. It recently entered into a comprehensive full-stack AI collaboration with Alibaba Cloud, through which both parties will jointly advance the "AI + Industry" model to penetrate deeper into lower-tier markets, paving the way for sustained and rapid growth in AI related revenue. 01/09/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Huitongda Network (9878.HK) 2025 Interim Results: Focusing on Lower-tier Markets, Strategic Transformation Yields Results; AI Drives High-quality Development

EQS Newswire / 29/08/2025 / 13:25 UTC+8 Huitongda Network (9878.HK) 2025 Interim Results Focusing on Lower-tier Markets, Strategic Transformation Yields Results; AI Drives High-quality Development; Profitability, Operating Cash Flow Significantly Improved, Multiple Key Metrics Hit Record Highs (28 August 2025, Hong Kong) Huitongda Network Co., Ltd (“Huitongda” or “the Group”, stock code: 9878.HK), a leading industrial internet platform in China empowering township-based retail stores with its supply chain capabilities and digital technology, is pleased to announce its interim results for the six months ended 30 June 2025 (the “Period”). During the Period, the Group continued to implement its dual-drive strategy, of “Enhancing Quality and Efficiency, and Promoting Innovative Development”, as the means to optimize business composition and drive technological advancement. As a result, the Group was able to capture the latest consumption and innovative trends, tapping into new growth areas while delivering significant improvement in profitability. In particular, gross profit margin, net profit margin, and net profit margin attributable to shareholders of the company have all reached historical highs. AI-related revenue contribution has also started from scratch and achieved significant breakthroughs during the Period, highlighting the fact that the Group has entered into a new development stage, shifting from scale-focused to profitability- and sustainability-focused. Across-the-board Improvement in Profit Quality, With Healthy Growth In Cash Flow In the first half of 2025, the Group recorded revenue of RMB24.342 billion. Benefited from its strong focus on efficiency enhancement and proactive measures to streamline low-margin and low-efficiency businesses, the Group has seen significant improvement in profitability with remarkable results: During the Period, the Group reported an operating profit of RMB356 million, a YoY increase of 15.9%, and a net profit attributable to shareholders of the company of RMB139 million, a YoY increase of 10.8%. Gross profit margin also saw notable improvement, rising by 1.1 percentage points YoY to 4.6%, representing a significant YoY growth of 31.4%. Net cash generated from operating activities reached approximately RMB413 million, surging 65.7% compared to the same period last year. Promoting Intelligent Supply Chain Development: Progress Made on Short-chain Distribution and Reverse Supply Chain During the Period, the Group further refined its revenue mix, with revenue contributions from member stores increasing to 47%. The Group also improved its intelligent supply chain system through “Reverse Supply Chain + Short Supply chain + Digital Empowerment ”. In February 2025, the Group also launched three major supply chain upgrading projects: “Brand Express Project”, “Self-owned Brand Ecosystem Development Project”, and “Open Smart Supply Chain Project”, in an attempt to further improve the connection and efficiency with upstream and downstream players. Specific measures include: - Deepened collaboration with leading brands such as Gree, Midea, Haier, and Apple, while also bringing in high-quality manufacturers such as Jiangxi Jinzhi, Wuhu Xinmei, and Guangdong Kangbao to expand the supply of high-margin products; - On consumer electronics, the Group has strengthened its cooperation with Apple, with the scale of its O2O business increasing by 203% YoY, and the total number of O2O stores reaching 1,804; - Sales revenue of self-owned brands exceeded RMB80 million, representing a rapid growth of 490.7% YoY. The outstanding performance highlights the breakthrough and substantial benefits of an flexible supply chain model. In addition, the Group is actively expanding into new product categories, including wellness health, elderly-friendly, and quality lifestyle products, and has entered into strategic cooperations with companies such as Oulin Group and BOIN Hearing to jointly explore the emerging consumption needs in China’s lower-tier markets. The Group also leveraged its supply chain and industry advantages to expand its online operational capabilities, including e-commerce, social networking, live streaming, content seeding, private domain operations, and cross-border expansion, opening multiple official flagship stores and brand-owned stores on various online platforms. AI+SaaS Strategy in Full Force, Remarkable Results in Member Store Empowerment During the Period, the Group's service business revenue reached RMB312 million. Advancing from traditional “SaaS” to “AI+” with key product launches and progress in customer acquisition, AI-related service revenue achieved a breakthrough in 1H2025, accounting for 20% of total service revenue and becoming a new growth engine of the Group. In April 2025, the Group officially launched its self-developed “Qiancheng AI Super Store Manager” APP, which integrates more than 24 scenario-based AI agents, tackling core business needs including intelligent product selection, marketing and planning, and customer service. The AI agents, officially entered the commercialization stage in May, can help stores automatically complete 60% of daily management work. Sampling shows that, with the help of the AI tools, member stores have seen an average 30% increase in operating efficiency, and a 15-20% reduction in inventory turnover. Continue to Strengthen AI Capabilities, AI Agents See Growing Penetration into Different Business Scenarios Riding on the AI technology revolution, Huitongda actively seized the opportunity to promote the integration of AI and industry applications during the Period, building a full-scenario AI empowerment system covering supply chain, store operations, and terminal services under its “One Cloud + Three Major Projects” strategy framework. In particular, the Group launched the industry's first vertical large model trained for rural commercial scenarios: "Qiancheng Cloud AI”. Registered with the Cyberspace Administration of China in May 2025, it became one of the few vertical large models in China with the ability to adapt to the needs of lower-tier markets, supporting the value chain with AI computing and algorithm capabilities. Comprehensive AI Agent Offerings in Place - Intelligent Supply Chain: connecting with more than 500 factories through demand forecasting algorithms to optimize inventory management and supply chain efficiency; - Intelligent Store Operations: using the “Qiancheng AI Super Store Manager” APP to cover 8 key business scenarios such as commodity management, marketing promotion, and customer service, automating 60% of daily management work in the process; - Intelligent Storefront Services: launching AI Cashier terminals, edge computing devices and other hardware and software to provide integrated solutions, driving the digitalized development of member stores. Deepened Ecosystem Collaboration and Accelerating Technological Advancement In August 2025, the Group reached a comprehensive full-stack AI partnership with Alibaba Cloud, integrating Qwen’s large model capabilities to jointly develop innovative applications such as the "Large Model Intelligent Agent for Small Stores" and “AI Sales Intelligent Agent.” Supported by its accumulated data assets and multidimensional collaboration with Alibaba Cloud in data analysis, the collaboration is expected to yield growing applications across scenarios, while further strengthening its ability to realize the underlying value of data assets. Through its systematic and strategic AI approach, Huitongda is transforming its decade-long data assets into intelligent productivity, gradually building an entry barrier for its AI digital retail operations in China’s rural markets. This is expected to lay a solid foundation for improving efficiency and profitability in the future. Fulfilling Social Responsibilities and Growing Recognition During the Period, the Group retained its spot on the “Fortune China 500” list and received numerous honors, including “Key Software Enterprise Encouraged by the State” and “High-Tech Enterprise.” The Group also welcomed various site visits, receiving high praise from governments at all levels in Jiangsu Province, showcasing its expanding corporate influence and social recognition. The group’s “Wind ESG Rating” was upgraded from BBB to AA, and it has been awarded multiple ESG awards. Future Strategy: Focus on High-quality Growth through Intelligent Development and Global Capital Support Looking into the second half of 2025, the Group will continue to adhere to its principle of "quality improvement, efficiency enhancement and growing towards new horizons", by focusing on the following strategic initiatives: - Advance the Development of Intelligent Supply Chain: On the product front, while continuing to deepen the presence in existing industries, expand high-potential emerging consumer categories in line with new consumption trends, such as hard discount, instant retail, smart home appliances, and elderly-friendly healthcare products. In terms of channel network, the Group will also ride on its established rural family-owned businesses presence, further accelerate the development of online, cross-border, government, and enterprise procurement channels, in an attempt to create a comprehensive coverage; - Promote AI+SaaS Empowerment: on the one hand, deepen its full-stack AI comprehensive cooperation with Alibaba Cloud, accelerate the development and implementation of AI technology and AI agents, and jointly build a “AI+Industry” ecosystem in China’s rural markets. On the other hand, accelerate the development and commercialization of AI agents, and expedite the establishment of a full-scenario intelligent Agent matrix. On this basis, the Group will drive the upgrade of the “SaaS+AI+content” integrated servicing model, and introduce a compound pricing model of "standard products + pay-as-you-go + pay-for-performance”, promoting rapid growth in AI-related revenue and achieve high-quality, sustainable growth in service income. - Pursue Dual-engine Growth: promote the growing synergy between "industrial development” and “capital operations”, with mergers and acquisitions(M&As) as one of the key drivers, and focus on M&A opportunities high-quality companies in supply chains, channel networks, and AI technologies. The Group is confident that it will achieve steady growth in gross profit margin and net profit margin in 2025, laying the foundation for eventual dividend distribution, and creating stable and long-term value to its shareholders. 29/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News. The issuer is solely responsible for the content of this announcement. 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DPC Dash Ltd 2025 Interim Financial Results

EQS Newswire / 29/08/2025 / 11:12 UTC+8 DPC Dash Ltd announces 2025 Interim Financial Results. 29/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News. The issuer is solely responsible for the content of this announcement. Media archive at www.todayir.com
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Deeply Committed to Long-Termism: China Leon Inspection Builds Long-Term Competitive Barriers through Dual Drivers of Globalization and AI Innovation

EQS Newswire / 29/08/2025 / 10:41 UTC+8 [Hong Kong-29, August 2025] The reputable international inspection and testing company, China Leon Inspection Holding Limited (“Leon Inspection” or the “Company”, together with its subsidiaries, the "Group")(Stock code: 1586.HK) is pleased to announce that, amidst a complex environment marked by escalating geopolitical conflicts, fluctuating trade policies, and rising uncertainties in the commodity market, the Group has adhered to its “long-termism” development philosophy. By intensifying strategic investments in the expansion of its global service network and the research and application of AI technology, the Group has laid a solid foundation for sustainable mid-to-long-term growth. In the first half of 2025, the Company achieved revenue of approximately HK$602.8 million, with profit attributable to the Company’s owners for the period amounting to approximately HK$40.7 million. Investments in global network expansion, AI-driven technological innovation, and talent development during the first half of the year have impacted short-term performance but have significantly strengthened the Group’s triple moat of “service network + innovative technology + brand credentials.” This positions the Group to seize broader growth opportunities in the Testing, Inspection, and Certification (TIC) industry, enhancing its long-term value creation capabilities. Global Service Network Upgraded Further, Capturing Opportunities in Emerging Markets The Group continues to deepen its global presence and diversify its business operations. Its service network, previously covering major trading ports and hub cities in the Asia-Pacific region, has now extended to multiple emerging markets. In the first half of 2025, the Group accelerated its overseas market expansion, adding 200 new overseas employees and focusing on high-potential markets such as Africa and the Middle East, injecting strong momentum into the Group’s performance growth. As of June 30, 2025, the Group’s global network comprises 80 branches and professional laboratories across 19 countries, with a global workforce of 3,574 employees, significantly enhancing its localized service capabilities and customer response efficiency. Focusing on AI-Driven Technological Innovation, Ushering in a New Era for the TIC Industry In the first half of 2025, the Group prioritized AI as a key area for technological application, seizing opportunities in the AI industry’s rapid development. The Group made significant strategic investments in the research and application of AI robotics, proactively preparing for industry transformation through forward-looking efforts in talent acquisition and technological upgrades. By leveraging AI and robotics to drive technological innovation, the Group has accelerated AI empowerment across business scenarios, establishing a blueprint for intelligent enterprise development. In the first quarter of this year, the Group announced phased achievements in AI technology applications, achieving breakthroughs in innovative applications and deploying them across three key scenarios. The Group’s Information Technology Center, through its independently developed “Leon AI System,” has pioneered the deep integration of large-scale AI models with core energy inspection operations, marking the official transition of traditional inspection services into an “intelligent-driven” new phase. Additionally, addressing the personalized needs of modern enterprise safety production, the Group has integrated IoT, big data analytics, and multimodal AI technologies to advance the development and implementation of an intelligent safety production platform. This platform, powered by AI, aims to optimize enterprise safety management efficiency by deeply analyzing unique safety risk characteristics and seamlessly integrating with operational systems. In the second half of 2025, the Group plans to further advance the global deployment of its AI system, achieving continuous breakthroughs in establishing cross-border intelligent inspection mutual recognition systems, developing AI-based carbon emission accounting modules, and building quality prediction models for energy commodities. Commodity Business Reaches New Heights, Professional Services and Brand Credibility Recognized by the Market Leveraging its outstanding technical qualifications and global service experience, the Group has solidified its leadership in the commodity inspection sector. In the first half of 2025, the Group secured qualifications as a designated inspection agency for the Shanghai Futures Exchange’s “aluminum alloy futures” and the Guangzhou Futures Exchange’s “polysilicon futures.” To date, the Group has obtained qualifications from China’s five major exchanges (Shanghai Futures Exchange, Dalian Commodity Exchange, Zhengzhou Commodity Exchange, Guangzhou Futures Exchange, and Shanghai International Energy Exchange) for 13 core futures products, including ferroalloys, lithium carbonate, and industrial silicon. This makes the Group one of the most comprehensive inspection agencies in China, covering new energy metals, ferrous metals, and non-ferrous metals, laying a strong foundation for serving global commodity industry leaders. Moving forward, the Group will accelerate expansion into emerging markets such as the Middle East, Africa, and Southeast Asia, focusing on high-growth new energy sectors, reinforcing professional technical barriers, and fostering differentiated competitive advantages. With impartial, efficient, and professional services, the Group will contribute to the high-quality and sustainable development of the new energy industry, enhancing its global competitiveness. Below is the list of futures inspection qualifications obtained by the Group and its subsidiaries from major exchanges to date: Exchange Futures products Shanghai Futures Exchange Copper, aluminum, zinc, alumina, aluminum alloy Dalian Commodity Exchange Coking coal, coke, iron ore Zhengzhou Commodity Exchange Thermal coal, ferrosilicon, manganese-silicon Guangzhou Futures Exchange Industrial silicon, lithium carbonate, polysilicon Shanghai International Energy Exchange Bonded copper Comprehensive ESG Service Capabilities Highlighted, Green and Low-Carbon Achievements Recognized by Authorities Aligned with its core ESG (Environmental, Social, Governance) sustainable development strategy, the Group has adopted a three-dimensional approach—“ESG-Friendly, ESG+, ESG-Focused”—to provide clients with comprehensive green services covering “inspection, consulting, and trading.” In clean energy, the Group has developed full-lifecycle service capabilities for wind and solar power, including manufacturing supervision, unit maintenance testing, and power generation stability optimization. In environmental protection, the Group’s Leak Detection and Repair (LDAR) services help enterprises reduce pipeline accident rates and achieve low-carbon emission reductions. In climate change, the Group’s expertise in carbon asset trading and carbon neutrality solutions has positioned it as a core trader in the Beijing carbon market, earning the “2024 Best Trading Award” from the Beijing Green Exchange, underscoring the industry’s high recognition of the Group’s carbon market service capabilities. As global carbon market regulations become clearer, the Group will further leverage its expertise in carbon market mechanisms and its ability to integrate government and enterprise resources to help more clients align with international carbon reduction frameworks, seizing opportunities in the green and low-carbon transition. Mr Li Xiangli, Chairman and Chief Executive Officer of China Leon Inspection Holding Limited stated that: “Short-term performance fluctuations are an inevitable part of strategic investments. The Group remains committed to long-term value creation. Moving forward, we will focus on deepening our global presence, advancing AI-driven technological innovation, and strengthening ESG capabilities to build an inimitable competitive moat, continuously creating long-term value for shareholders, clients, and society.” -END- About China Leon Inspection Holding Limited China Leon Inspection Holding Limited (stock code: 1586. HK) was listed on the Main Board of the Stock Exchange in 2016. The Company is China’s first international leading inspection and testing company listed in Hong Kong, focusing on integrated solutions for climate change and green and low-carbon sustainable development. The Company provides global industry leaders with a wide range of one-stop services in testing, and inspection, as well as technical and consulting services around the clock, focusing on four key areas, namely commodity services, clean energy, environmental protection and climate change, empowering global industry leaders to achieve ecofriendly and low-carbon transformation. The Company continues to strengthen its global network layout, expanding its presence from major trading ports and hub cities in the Asia Pacific region to emerging markets in South America and Africa serves, and comprises 80 branches and professional laboratories globally. ESG-oriented development is a key priority for the Company’s “3+X” development strategy. Through the three main implementation dimensions of (1) ESG-Friendly+; (2) ESG+; and (3)ESG+-Focused , we have achieved our ESG development strategies, fulfilled our corporate social responsibility, and contributed to the green and low-carbon transition of the industry. 29/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News. The issuer is solely responsible for the content of this announcement. Media archive at www.todayir.com
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Trio Group (1710.HK) Achieved Revenue of HK$404.7 Million for 1H 2025 with Proposed Interim Dividend of HK0.6 Cent; Advancing the 'Greater Asia New Energy Business Circle' Strategy

EQS Newswire / 29/08/2025 / 00:24 UTC+8 [Hong Kong – 28 August 2025] Trio Industrial Electronics Group Limited (“Trio Group” or the Group”, Stock code: 1710), a leading manufacturer and distributor of advanced industrial electronic components and products in Hong Kong, is pleased to announce the consolidated interim results of the Company and its subsidiaries (the “Group”) for the six months ended 30 June 2025 (“the Period”). During the Period, Europe and North America remained the Group's principal markets, contributing 92.1% of total revenue. Multiple challenges including high interest rates, ongoing geopolitical tensions, and the implementation of revised U.S. tariffs policies led to cautious customer behavior, reducing orders to manage inventories more tightly, while others accelerated expansion to capture emerging opportunities. The divergence in customer behaviour resulted in fluctuations in demand, impacting both order visibility and the overall composition of the Group’s product mix. Amid these dynamics, the Group achieved revenue of HK$404.7 million for the Period, increased by 4% comparing with HK$389.2million for the six months ended 30 June 2024. The revenue increase was primarily driven by higher shipments of smart vending systems, partially offset by softer demand for smart chargers, switch-mode power supplies and electro-mechanical products. Additionally, gross profit rose 12.5% year-on-year to HK$76.1 million, with a gross margin of 18.8%, up 1.4 percentage point compared with last year. Loss attributable to owners of the Company decreased by 42.9% to approximately HK$14.8 million for the Period. The Group has maintained a robust financial position, with cash and cash equivalents (including restricted bank deposits) of approximately HK$103.6 million, a positive net cash position (cash and cash equivalents minus borrowings) and a current ratio of approximately 2.2 times, which remained the same as at 30 June 2025 and 31 December 2024. To enhance supply chain resilience and to serve end markets more effectively, the Group optimised its manufacturing network through setting up a new factory in the UK. The new UK factory commenced operations during the Period, further strengthening capacity, shortening lead times for European customers and diversifying production risk alongside the Group’s existing facilities in the PRC, Thailand and Ireland. Regarding the business development, the Group continued its strategic diversification into the new energy sector under the “Deltrix” brand, expanding its portfolio from smart electric vehicle (“EV”) chargers to include smart energy storage and smart digital advertising kiosks to capture high-growth opportunities driven by global decarbonisation and energy-efficiency agendas and the shift towards new energy solutions. In alignment of the PRC’s “Belt and Road” Initiative, the Group advanced its Central Asia platform in Kazakhstan. Three model EV charging stations in Almaty served as demonstration hubs integrating smart Deltrix EV charging infrastructure, smart energy storage, smart car wash facilities and smart digital advertising kiosks – forming a comprehensive EV charging ecosystem. Mr. Cecil Wong, the Chairman of Trio Industrial Electronics Group Limited said, “Despite global economic uncertainties, the Group maintains a stance of cautious optimism due to healthy order backlog in the EMS business and our progressive development in the new energy business. We are advancing its vision of a “Greater Asia New Energy Business Circle” – a strategic network integrating EV charging infrastructure, energy storage, digital advertising and smart service solutions across multiple regions. In Central Asia, we have partnered with Sinooil (China National Petroleum) to deploy EV charging and digital advertising facilities across approximately 140 Sinooil service stations in Kazakhstan. Looking ahead, we will build out a comprehensive ecosystem that combines digital advertising, automated car-wash services and convenience retail to help Chinese enterprises expand their market presence in Central Asia and supports the Group’s objective of becoming a leading outdoor media provider in Kazakhstan. Moreover, we are expanding into Uzbekistan, with plans to build an electric heavy-duty truck manufacturing factory and establish smart charging stations to support the country’s transition to sustainable transportation.” He further mentioned, ‘Beyond Central Asia, the Group is extending its new energy footprint in Southeast Asia, initially focusing on Thailand, the Philippines and Malaysia. Leveraging its expertise in new energy solutions, the Group aims to establish a strong position in these fast-growing markets and plans to manufacture Deltrix-branded electric motorcycles for these markets. This business roadmap aligns with the Group’s long-term commitment to sustainability, technological innovation and value creation for stakeholders. We are well-positioned to capitalise on the opportunities presented by the new energy sector and strengthen our market position for long-term business development." About Trio Group Trio Industrial Electronics Group is a manufacturer and distributor of advanced industrial electronic components and products in Hong Kong with nearly 40 years of industry experience. It is also the first Hong Kong-based industrial electronic company awarded with the Industry 4.0 maturity certificate - Industry 4.01i level. The Group’s major products include smart chargers, electro-mechanical product and switch-mode power supplies, which are widely used in smart city systems, medical and healthcare sector, as well as renewable energy field. The Group has built up a good reputation and become a trusted supplier to various international well-known brands. The majority of its clients are from Europe and the US while some from Southeast Asia and PRC. In addition, the Group and its partner have developed their own EV charger solution - Deltrix since 2017, which has been launched in the European market in response to the global efforts to develop smart economies. This press release is issued by DLK Advisory Limited on behalf of Trio Industrial Electronics Group Limited. For more details, please contact: Skye Shum - IR Manager skyeshum@triohk.com.hk PR media: DLK Advisory pr@dlkadvisory.com File: Trio Group 1710.HK Achieved Revenue of HK$404.7 Million for 1H 2025 with Proposed Interim Dividend of HK0.6 Cent Advancing the 'Greater Asia New Energy Business Circle' Strategy 29/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News. The issuer is solely responsible for the content of this announcement. Media archive at www.todayir.com
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AI Company Skylark Labs Secures $21 Million Kepler™ AI Traffic Platform Deal in Major Asian Market

EQS via SeaPRwire.com / 25/08/2025 / 11:06 UTC+8 New York, NY - August 25, 2025 - (SeaPRwire) - Skylark Labs, an artificial intelligence (AI) company founded by Dr. Amarjot Singh, has announced a landmark $21 million, three-year contract to deploy its Kepler™ platform across 6,000 police systems in a leading Asian nation. For Skylark Labs’ founder and CEO, Dr. Amarjot Singh, the contract represents a significant milestone in the company's mission to deliver adaptive, self-learning solutions that continuously improve without requiring costly retraining or system replacements. The deployment of Kepler™ will transform how traffic enforcement operates by introducing AI systems that demonstrate genuine self-awareness and autonomous learning capabilities. Unlike conventional AI systems that degrade over time and require expensive updates, Kepler™ continuously monitors its performance and adapts in real-time to new traffic patterns, vehicle types, and enforcement scenarios without human intervention or internet connectivity. "This contract reflects the direction modern enforcement must take, responsive, predictive, and grounded in real-time data," says Dr. Amarjot Singh. The Kepler™ platform addresses a critical global challenge facing traffic enforcement agencies: the expensive cycle of AI system degradation and replacement. Traditional AI systems work effectively initially but gradually lose accuracy as traffic patterns evolve, requiring cities to invest significant capital in retraining or complete system replacements. Skylark Labs' breakthrough approach eliminates this costly cycle through self-aware AI that improves autonomously over time. Dr. Singh mentions, "Our advantage is that the smart technology works right on the device, which cuts millions in ongoing costs per year for cities and better protects privacy. Every police car becomes a mini-computer that handles traffic monitoring locally. After we set it up, cities spend much less on monthly fees than systems that need constant internet connections." Aside from its cost savings, the deployment of Kepler™ also represents an innovative multi-layered AI architecture. According to Dr. Singh, every patrol car equipped with the Kepler™ platform runs multiple AI models simultaneously. The primary model identifies traffic violations such as speeding, wrong turns, and dangerous driving behaviors, while a secondary layer of monitoring models continuously evaluates system performance and identifies potential knowledge gaps. It watches for signs the system might be missing something new, like a vehicle type it's never seen before or an unusual traffic pattern. When the system detects unfamiliar scenarios, such as new vehicle types or unusual traffic patterns, it automatically adjusts its internal parameters and retrains itself locally using onboard computing resources, so no internet or human engineers are needed. Dr. Andrea Soltoggio, Reader in AI at Loughborough University and DARPA L2M Researcher, shares, “Skylark Labs’ AI knows when it’s unsure and learns immediately. That’s a big deal for traffic systems, where things change constantly. Most AIs break down over time, but this one keeps getting better on its own. It’s built on strong research, and cities can count on traffic AI that stays smart, accurate, and safe without needing constant updates.” Kepler™’s edge-computing architecture provides significant operational advantages, particularly in developing markets with unreliable internet infrastructure. By processing data locally on patrol vehicles and traffic cameras, the Kepler™ platform maintains full functionality even during network outages, ensuring sensitive traffic data remains secure through on-device processing. This approach also dramatically reduces ongoing operational costs compared to cloud-dependent systems that require constant connectivity and generate recurring data transmission fees. The $21 million contract positions Skylark Labs as the growing market leader for adaptive AI solutions in public safety and urban mobility. With multiple similar initiatives already in development across Asia, the company is establishing itself as a key player in delivering next-generation AI systems that meet the demands of modern enforcement agencies while providing sustainable, cost-effective operations. Dr. Singh believes that the adaptation of its self-aware AI technology extends beyond traffic enforcement to any application where conditions change over time. This adaptive AI's potential can transform public safety applications beyond traffic enforcement, including automotive, defense, and even infrastructure. The success of Skylark Labs’ Kepler™ in dynamic, real-world environments demonstrates the viability of AI technologies that evolve autonomously without human intervention or extensive retraining requirements. Please visit Skylark Labs’ website to learn more about the Kepler™ platform and adaptive AI solutions. About Skylark Labs Founded in 2021 by Dr. Amarjot Singh, Skylark Labs develops adaptive artificial intelligence (AI) systems designed to learn, evolve, and operate autonomously in real-world environments. Headquartered in New York City, the company delivers next-generation AI solutions for mobility, public safety, and critical infrastructure applications. Skylark Labs specializes in brain-inspired AI that continuously adapts to new challenges without requiring pre-training or constant connectivity. The company aims to pioneer embodied AI that seamlessly integrates into physical devices while evolving toward true general intelligence. Media Contact Company: Skylark Labs Contact: Dr. Amarjot Singh Email: amarjot@skylarklabs.ai Website: https://skylarklabs.ai/ SOURCE: Skylark Labs 25/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Nanjing Great Bao’en Temple Ruins Museum: How Its Global ‘DIGITAL HERITAGE’ Contest Showcases Immersive Technologies Reshaping Cultural Heritage

EQS via SeaPRwire.com / 22/08/2025 / 16:45 UTC+8 Immersive technologies are entering the field of cultural heritage at an unprecedented pace. From exhibition spaces to cultural tourism experiences, AR, VR, and interactive installations are reshaping the industry’s value chain. The traditional model that relied on artifacts and static displays is gradually being replaced by digital experiences that are interactive, participatory, and experiential. Against this backdrop, 2025 “DIGITAL HERITAGE” Global Innovator Contest , hosted by the Nanjing Great Bao’en Temple Ruins Museum, offers a compelling case study: it brings together young creatives from around the world with immersive technologies and is emerging as a new driving force in the cultural and creative industries. This year’s competition received around 700 applications from 19 countries, with 31 finalists selected for the grand finale, representing China, the United Kingdom, Germany, Greece, India, Azerbaijan, and more. The participants leveraged immersive technologies to explore new possibilities for heritage expression, presenting diverse proposals ranging from interactive exhibitions to virtual reconstructions. The competition’s international participation is particularly noteworthy. Supported by UNESCO, the event brought together a panel of mentors and judges that included senior museum consultant from the United Kingdom, as well as lecturers from University College London, Goldsmiths, University of London, the University of Bristol, and the Royal College of Art. They not only provided academic and technical guidance but also offered young participants deep insights into cross-cultural pathways for innovation. The inception of this competition is closely tied to one of the lost wonders of the world. The Nanjing Porcelain Tower of the Great Bao'en Temple, once an imperial temple of the Ming Dynasty, was introduced to Europe in the 17th century through the engravings of Dutch traveler Johan Nieuhof, becoming the iconic image of the "Porcelain Tower of Nanking." It even inspired the design of the Pagoda at Kew Gardens in London. This landmark also frequently appears in modern pop culture symbols—from Chinese takeout boxes in the US to the Wonder building in the game Civilization V. Today, through digital reconstruction, this heritage has once again become a cultural medium connecting the world. Among the entries, the Echo Silk team won the top prize with their project “Garden of Living Bells”. Centered on AR technology, the work connects the bell of the Great Bao’en Pagoda with the history of the Maritime Silk Road: dynamic scenes of merchant ships and bustling ports appear in the air, and when viewers tap on the virtual ships, they hear the crisp sound of the bell while literary works from Nanjing are displayed before their eyes. Another finalist, “Canopy of Echoes”, uses VR technology to let audiences experience the history of the Ming City Wall bricks in a virtual space, creating a tangible, immersive experience. These explorations demonstrate that immersive technologies not only enhance viewers’ sensory engagement but are also driving the ways cultural heritage is presented toward education, tourism, and urban branding. Regarding the contest, Shahbaz Khan, Director of UNESCO’s East Asia Regional Office, commented: “It sets a new standard for international collaboration and contributes to the renewal of Nanjing’s city brand as a centre of global cultural dialogue.” Senior museum consultant Lizzy Moriarty added: “This is a prime example of the convergence of creativity, technology, history, and public engagement.” Amid the wave of digitalization, such cross-border collaboration among young innovators is gradually showing its industrial significance. It is not only an experiment in cultural heritage preservation but also has the potential to become a growth driver for the cultural and creative industries. Digital heritage is opening up new markets; from virtual exhibitions to urban branding, the commercial potential of immersive technologies is increasingly evident. Nanjing’s practice may be just a microcosm, but it reveals a broader trend: cultural heritage is becoming a “new laboratory” in the digital era, with young people serving as the engine of innovation. 22/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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[Press Release] Sinopec FY2025 Interim Results

EQS via SeaPRwire.com / 21/08/2025 / 21:00 UTC+8 Press release (For immediate release) Sinopec Announced 2025 Interim Results Recorded Net Profit of RMB 23.75 Billion for the First Half of the Year The Board Approved a New Round of the Share Repurchase Plan (21 August 2025, Beijing, China) China Petroleum & Chemical Corporation ("Sinopec Corp." or the "Company") (HKEX: 386; SSE: 600028) today announced its interim results for the six months ended 30 June 2025. Financial Highlights In accordance with IFRS, the Company’s total revenue for the first half of 2025 reached RMB 1.41 trillion. Profit attributable to shareholders of the Company was RMB 23.752 billion; basic earnings per share were RMB 0.196. In accordance with CASs, the Company’s net profit attributable to shareholders of the Company was RMB 21.483 billion; basic earnings per share were RMB 0.177. Net cash flow from operating activities for the first half of 2025 reached RMB 61.016 billion, up by 44.4% year-on-year The Board of Directors has resolved to distribute an interim cash dividend of RMB 0.088 per share (tax inclusive) in accordance with the upper limited of the interim dividend payout ratio stipulated in the “Articles of Association”. In accordance with CASs, the interim dividend payout ratio amounted to 49.7%. Moreover, the Board of Directors has approved a new round of share repurchase plan with an aim of protecting the enterprise value. The Company’s oil and gas output in the first half reached approximately 263 million barrels of oil equivalent, up by 2.0% year-on-year. Natural gas production reached approximately 736.3 billion cubic feet, up by 5.1% year-on-year; refinery throughput was 120 million tonnes; total sales volume of refined oil products was approximately 112 million tonnes; ethylene production was 7.563 million tonnes, up by 16.4% year-on-year. Business Review In the first half of 2025, China’s economy made steady improvement, with GDP increasing by 5.3% year on year. According to the Company’s statistics, the domestic demand for natural gas saw modest growth, with consumption rising by 2.1% year on year. Mainly affected by alternative energy, the domestic consumption of refined oil products declined by 3.6% year on year, among which, gasoline decreased by 4.6% and diesel decreased by 4.3%, while kerosene increased by 4.2%. The domestic demand for major chemical products grew rapidly, with ethylene equivalent consumption up by 10.1% year on year. During the reporting period, international crude oil prices fluctuated with a downward trend. The average spot price of Platts Brent was USD71.7 per barrel, down by 14.7% year on year. Exploration and Production In the first half of 2025, the Company adhered to high-quality exploration and profit-oriented development, and achieved progress in increasing reserves and boosting production. Domestic oil and gas equivalent output reached a record high for the same period. In exploration, major breakthroughs were made in offshore oil and gas and ultra-deep shale gas in the Sichuan Basin. In crude oil development, we accelerated key production capacity construction in Jiyang, Tahe, and West Junggar, and strengthened the construction of the Shengli Jiyang Shale Oil National Demonstration Zone. In natural gas development, we advanced key projects in offshore fields, the Shunbei Area II, and the Xujiahe reservoir in the Sichuan Basin. We also strengthened integration of production, supply, storage, and sales of natural gas, and profit of natural gas industrial chain hit record-high for the same period. In the first half of 2025, oil and gas production of the Company reached 262.81 million barrels, up by 2.0% year on year, among which domestic crude totalled 126.73 million barrels and natural gas amounted to 736.28 billion cubic feet, up by 5.1%. In the first half of 2025, operating revenue of exploration and production segment was RMB144.7 billion, representing a decrease of 5.9% year on year. This change was mainly due to the decreased prices of crude oil and natural gas products. In the first half of 2025, this segment made efforts to increase reserves, boost production and cut costs, accelerated the construction of key crude oil and natural gas production capacities, and strengthened the integration of the whole natural gas industrial chain, but impacted by decrease of crude oil prices, the segment realised an operating profit of RMB23.6 billion, representing a decrease of RMB5.5 billion or 18.9% year on year. Exploration and Production: Summary of Operations Six-month periods ended 30 June Change (%) 2025 2024 Oil and gas production (mmboe) 262.81 257.66 2.0 Crude oil production (mmbbls) 140.04 140.53 (0.3) China 126.73 126.49 0.2 Overseas 13.31 14.04 (5.2) Natural gas production (bcf) 736.28 700.57 5.1 Refining In the first half of 2025, facing severe challenges brought by fluctuation with a downward trend of international oil prices and declining demand for gasoline and diesel, the Company insisted on integrated production and marketing operations, comprehensively optimized utilization rates, and increased profitable processing volumes. By leveraging global resources allocation advantages, we optimized procurement pace and inventory management to reduce crude oil costs. We flexibly adjusted product mix and refined oil products yields and increased jet fuel production. We promoted low-cost “refined oil products to chemical feedstocks” and high-value “refined oil products to refining specialties” strategy, and boosted output of marketable products like high-end carbon materials and lubricating grease. In the first half of 2025, the Company processed 119.97 million tonnes of crude oil, produced 71.40 million tonnes of refined products and 22.06 million tonnes of light chemical feedstock, rising by 11.5% year on year. In the first half of 2025, operating revenues of refining segment were RMB658.3 billion, representing a decrease of 12.2% year on year. This change was mainly due to the decline in refinery throughput and the decreased prices of refined oil products and others year on year. In the first half of 2025, the segment adhered to synergy and optimization of production and marketing, coordinated the procurement pace of crude oil, increased the profitable processing volume and optimised the yield of refined oil products by closely following the market, produced more high value-added products such as high-end carbon materials and LPG, but impacted by the inventory loss caused by continuous decrease of crude oil prices, the segment realised an operating profit of RMB3.5 billion, decreased by RMB3.6 billion or 50.4% year on year. Refining: Summary of Operations Six-month periods ended 30 June Change (%) 2025 2024 Refinery throughput (million tonnes) 119.97 126.69 (5.3) Gasoline, diesel and kerosene production (million tonnes) 71.40 77.30 (7.6) Gasoline (million tonnes) 30.79 32.34 (4.8) Diesel (million tonnes) 24.27 29.31 (17.2) Kerosene (million tonnes) 16.33 15.65 4.3 Light chemical feedstock production (million tonnes) 22.06 19.79 11.5 Note: Includes 100% of the production of domestic joint ventures. Marketing and Distribution In the first half of 2025, facing fierce market competition, the Company fully leveraged its integrated advantages and network strengths to actively transform into a comprehensive energy service provider of petrol, gas, hydrogen, power and service. We vigorously expanded marketing and sales, with the proportion of high-grade gasoline rising continuously. We accelerated the development of gas refueling and EV charging and battery swapping networks, with significant year-on-year growth in automotive LNG operating volume and charging volume, and maintained top position in domestic LNG retail market share. We also promoted the large-scale utilization of hydrogen, with our first overseas hydrogen refueling station commencing operations. The Easy Joy service ecosystem was further enriched to enhance the operating quality of non-fuel business. In the first half of the year, total sales volume of refined products reached 112.14 million tonnes, of which domestic sales accounting for 87.05 million tonnes. In the first half of 2025, the operating revenues of marketing and distribution segment were RMB752.6 billion, decreased by 12.8% year on year. This change was mainly due to decreased consumption of refined oil products and declined prices of refined oil products resulting from decreased crude oil prices. In the first half of 2025, the segment made great effort to expand market and increase sales volume, proactively developed Easy Joy service, EV charging and battery swapping, automotive natural gas and other businesses, but impacted by the inventory loss caused by the decreased crude oil prices and fast development of alternative energy, the segment realised an operating profit of RMB8.0 billion, representing a decrease of RMB6.7 billion or 45.7% year on year. In the first half of 2025, the profit of non-fuel business of this segment was RMB3.09 billion, representing an increase of RMB0.45 billion or 17.0% year on year, among which, the profit of selling convenience store products and providing related services was RMB2.93 billion, increased by RMB0.35 billion year on year. The service fee of EV charging business was RMB0.5 billion, which grew significantly year on year. Marketing and Distribution: Summary of Operations Six-month periods ended 30 June Change (%) 2025 2024 Total sales volume of refined oil products (million tonnes) 112.14 119.01 (5.8) Total domestic sales volume of refined oil products (million tonnes) 87.05 90.14 (3.4) Retail (million tonnes) 54.53 56.96 (4.3) Direct sales and distribution(million tonnes) 32.52 33.18 (2.0) Note: The total sales volume of refined oil products includes the amount of refined oil marketing and trading sales volume. As of 30 June 2025 As of 31 December 2024 Change from the end of last year (%) Total number of Sinopec-branded service stations 31,015 30,987 0.1 Number of convenience stores 28,689 28,648 0.1 Chemicals In the first half of 2025, faced with the continued release of new domestic production capacities and weak chemical margins, the Company vigorously reduced costs and expenses and increased utilization rate with marginal profits. We continued to promote the lightening and diversification of feedstocks, optimized unit operations, and adjusted product mix. Efforts were increased in developing new and high value-added products. Ethylene production reached 7.563 million tonnes in the first half of the year, up by 16.4% year-on-year. We refined marketing strategies and customized product services, and actively expanded domestic and international markets. In the first half of the year, the total operating volume of chemical products reached 40.08 million tonnes with all products sold. In the first half of 2025, the operating revenues of chemicals segment were RMB241.9 billion, down by 6.0% year on year. This change was mainly because the average prices of chemical products decreased by 9.6% year on year resulting from the declining international crude oil prices. In the first half of 2025, the segment closely followed the market changes, optimised the structure of products and operation of facilities, promoted the lightening and diversification of feedstocks, strengthened the integration of industrial chain and the coordination of production, sales, R&D and application efforts, implemented precision marketing, but impacted by the significant increase of capacities, decreased profits of aromatics and other products, and increased maintenance scale of facilities, the segment realised an operating loss of RMB4.2 billion, representing an increase in loss of RMB1.1 billion year on year. Chemical Major Products: Summary of Operations Six-month periods ended 30 June Change (%) 2025 2024 Ethylene (thousand tonnes) 7,563 6,496 16.4 Synthetic resin (thousand tonnes) 11,041 9,784 12.8 Synthetic fiber monomer and polymer (thousand tonnes) 5,437 4,598 18.2 Synthetic fiber (thousand tonnes) 601 633 (5.1) Synthetic rubber (thousand tonnes) 804 678 18.6 Note: Includes 100% of the production of domestic joint ventures. Safety and Health In the first half of 2025, the Company continuously improved the building and operating of HSE management system, enhancing all employees’ HSE awareness and capabilities. We carried out the 2025 Action for Improvement in Work Safety, persistently advanced risk identification and control in key areas along with potential dangers investigation and rectification, and maintained overall safe and clean production. We strengthened occupational disease prevention at the source and focused on the occupational health, physical health, and mental well-being of domestic and overseas employees. Science and Technology Innovation In the first half of 2025, the Company stepped up efforts to secure breakthroughs in core technologies, established national-level innovation platforms in the energy sector, and achieved fruitful results in innovation-driven development. Breakthroughs were made in the heterogeneous composite displacement technology system which significantly improved the recovery rates, and the self-developed Geodrill intelligent drilling software system was successfully developed. We applied needle coke products in large-diameter graphite electrodes and started up our self-developed POE industrial demonstration unit and the 400,000 tonnes per year acrylonitrile unit. We completed the performance and stability tests for seawater hydrogen production pilot plant. The Great Wall AI Model was officially launched, and the iterative development was completed for OPEN, a process simulation software for the petrochemical industry. Capital Expenditures The Company continued optimizing management of projects. In the first half of 2025, total capital expenditure was RMB43.8 billion. Capital expenditure for the exploration and production segment was RMB27.6 billion, mainly for crude oil capacity building in Jiyang and Tahe, natural gas capacity building in Dingshan-Dongxi, and the construction of oil and gas storage and transportation facilities. Capital expenditure for the refining segment was RMB5.5 billion, mainly for the Maoming Refining upgrading and Guangzhou Petrochemical revamping projects. Capital expenditure for the marketing and distribution segment was RMB2.8 billion, mainly for the development of the petrol, gas, hydrogen, power and service integrated energy network, the revamping of the existing marketing network, non-fuel business and other projects. Capital expenditure for the chemical segment was RMB7.3 billion, mainly for ethylene projects in Maoming and Henan and the aromatics project in Jiujiang, etc. Capital expenditure for corporate and others was RMB0.5 billion, mainly for R&D and digitalization projects, etc. Business Outlook For the second half of 2025, China’s economy continues to maintain a momentum of recovery and improvement. The domestic demand for natural gas and chemical products is expected to increase, and that for refined products will be impacted by alternative energy. Taking into account the changes in global supply and demand, geopolitics and inventory levels, more uncertainties exist in changes of international crude oil prices. The Company will prioritize profit generation, technological innovation, transition and upgrading, reform and management to comprehensively promote high-quality development. We will stress on the following aspects: In E&P, the Company will focus on increasing reserve, boosting production and improving profitability, and forge ahead with high quality exploration and profitable development. We will enhance the overall research and joint exploration within the same basin, and strive to increase high-quality and scaled reserves. We will accelerate the oil and gas capacity building in Tahe, Jiyang and offshore fields, and proceed with the fine development in mature oil and gas fields. We will refine the production, supply, storage and marketing of natural gas, diversify and expand the resources, reduce resources costs, and enhance the profitability of the whole industrial chain. Our plan for the second half is to produce 141 million barrels of crude oil and 714.5 billion cubic feet of natural gas. In refining, the Company will coordinate production and sales, and improve the operation efficiency for the industrial chain. We will coordinate the diversification of crude oil resources, dynamically optimize the procurement scale and pace, and reduce procurement costs. We will promote the optimisation of regional resources, adjust product mix and utilization rates with profit orientation, and ramp up jet fuel production. We will continue with the transition of low-cost “refined oil products to chemical feedstocks” and high-value “refined oil products to refining specialties” strategy, strengthen operational scale and profitability of refining intermediate products, by-products, and refining specialties, and build up an industrial chain for high-end carbon material. In the second half, we plan to process 130 million tonnes of crude oil. In marketing and distribution, the Company will fully leverage the advantages of integration, keep optimizing resources by coordinating volume and price, continuously improve the network layout, and vigorously expand the market and increase sales. We will speed up the gas refueling and EV charging and battery swapping network layout, expand electricity business ecosystems, promote hydrogen mobility business, strengthen development of self-owned brands, build China’s largest integrated driver service platform, and accelerate the transition to a comprehensive energy service provider of petrol, gas, hydrogen, power and service. In the second half, we plan to sell 89.80 million tonnes of refined oil products. In chemicals, the Company will adhere to the ‘basic + high-end’ strategy, and raise our competitiveness in the chemical industrial chain. We will coordinate optimization of the feedstock and cut its costs through multiple means. Market oriented, we will improve the production scheduling, maintain high utilization rate of profitable units, and proceed with differentiated development. We will enhance the development of new materials and high value-added products, so as to tap the potential for profit creation. We will innovate our marketing strategies, and promote the strategic customer servicesand tailor-made product development. In the second half, we plan to produce 7.85 million tonnes of ethylene. FINANCIAL DATA AND INDICATORS PREPARED IN ACCORDANCE WITH IFRS ACCOUNTING STANDARDS Principal accounting data Items Six-month period ended 30 June Change over the same period of the preceding year (%) 2025 (RMB million) 2024 (RMB million) Operating profit 33,423 51,021 (34.5) Profit attributable to shareholders of the Company 23,752 37,079 (35.9) Net cash generated from operating activities 61,016 42,269 44.4 As of 30 June 2025 (RMB million) As of 31 December 2024 (RMB million) Change from the end of last year (%) Total equity attributable to shareholders of the Company 824,565 815,815 1.1 Total assets 2,142,807 2,081,440 2.9 Principal financial indicators Items Six-month period ended 30 June Change over the same period of the preceding year (%) 2025 (RMB) 2024 (RMB) Basic earnings per share 0.196 0.307 (36.2) Diluted earnings per share 0.196 0.307 (36.2) Return on capital employed (%) 2.82 4.30 (1.48) percentage points The following table sets forth the operating revenues, operating expenses and operating profit by each segment before elimination of the inter-segment transactions for the periods indicated, and the percentage change between the first half of 2025 and the first half of 2024. Six-month period ended 30 June Change (%) 2025 2024 (RMB million) Exploration and Production Segment Operating revenues 144,656 153,762 (5.9) Operating expenses 121,018 124,614 (2.9) Operating profit 23,638 29,148 (18.9) Refining Segment Operating revenues 658,324 749,665 (12.2) Operating expenses 654,789 742,540 (11.8) Operating profit 3,535 7,125 (50.4) Marketing and Distribution Segment Operating revenues 752,587 863,497 (12.8) Operating expenses 744,628 848,849 (12.3) Operating profit 7,959 14,648 (45.7) Chemicals Segment Operating revenues 241,938 257,251 (6.0) Operating expenses 246,162 260,415 (5.5) Operating loss (4,224) (3,164) — Corporate and Others Operating revenues 662,975 796,568 (16.8) Operating expenses 661,330 792,264 (16.5) Operating profit 1,645 4,304 (61.8) Elimination 870 (1,040) — About Sinopec Corp. Sinopec Corp. is one of the largest integrated energy and chemical companies in China. Its principal operations include the exploration and production, pipeline transportation and sale of petroleum and natural gas; the production, sale, storage and transportation of refinery products, petrochemical products, coal chemical products, synthetic fiber, and other chemical products; the import and export, including an import and export agency business, of petroleum, natural gas, petroleum products, petrochemical and chemical products, and other commodities and technologies; and research, development and application of technologies and information; hydrogen energy business and related services such as hydrogen production, storage, transportation and sales; battery charging and swapping, solar energy, wind energy and other new energy business and related services. Disclaimer This press release includes "forward-looking statements". All statements, other than statements of historical facts that address activities, events or developments that Sinopec Corp. expects or anticipates will or may occur in the future (including but not limited to projections, targets, reserve volume, other estimates and business plans) are forward-looking statements. Sinopec Corp.'s actual results or developments may differ materially from those indicated by these forward-looking statements as a result of various factors and uncertainties, including but not limited to the price fluctuation, possible changes in actual demand, foreign exchange rate, results of oil exploration, estimates of oil and gas reserves, market shares, competition, environmental risks, possible changes to laws, finance and regulations, conditions of the global economy and financial markets, political risks, possible delay of projects, government approval of projects, cost estimates and other factors beyond Sinopec Corp.'s control. In addition, Sinopec Corp. makes the forward-looking statements referred to herein as of today and undertakes no obligation to update these statements. Investor Inquiries: Media Inquiries: Beijing Hong Kong Tel:(86 10) 5996 0028 Tel:(852) 2522 1838 Fax:(86 10) 5996 0386 Fax:(852) 2521 9955 Email:ir@sinopec.com Email:sinopec@prchina.com.hk File: [Press Release] Sinopec FY2025 Interim Results 21/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Qarmet’s Casting and Rolling Complex: A New Chapter in Global Metallurgy  

EQS via SeaPRwire.com / 21/08/2025 / 19:23 UTC+8 Temirtau will soon host the construction of a new casting and rolling complex (CRC) — one of Qarmet’s largest investment projects, worth $700 million. The initiative marks a critical stage in Kazakhstan’s industrial development. For the first time not only in the history of the plant, but across Central Asian metallurgy as a whole, the facility will manufacture premium-grade steels for use in the oil, nuclear, and engineering industries. Annual output is projected at four million tonnes of high-quality flat rolled steel. The complex will be built entirely from scratch and equipped with the latest generation of technology.Leadership VisionJens Barth, Qarmet Corporation’s Director of Development, is overseeing the project. Before joining Qarmet, he held senior leadership roles for 25 years at leading international metallurgical and mining companies — including as a board member of Germany’s SMS Group and as Chief Executive of Research & Consulting, also in Germany.Mr Barth, what motivated your move to Kazakhstan and your decision to join the Qarmet team in Temirtau?I was drawn by the scale and ambition of Qarmet’s agenda: not simply to modernise production, but to redefine Kazakhstan’s position on the global metallurgical map. Relocating to Temirtau was a chance not only to witness change but to be part of driving it. Here I see an experienced, dynamic team, strong industrial partners, and a clear mandate for development. Opportunities to make such a lasting contribution to a nation’s industrial history are rare — that is why I am here, ready to apply my knowledge.Strategic RationaleYou are leading the CRC project. Why is this investment essential, and will it truly be a breakthrough for Kazakhstan’s metallurgy?After reviewing the current state of the plant, it became clear that radical change could not be delayed. Operating with technologies from the last century is not an option in today’s competitive landscape. Our drive to position Qarmet at the global forefront is fully aligned with the country’s leadership. President Kassym-Jomart Tokayev has consistently stressed the need to enhance the competitiveness of Kazakhstan’s metallurgy.To achieve this, Qarmet is pursuing a portfolio of ambitious projects: In September 2025, Temirtau’s plant will gain access to natural gas for the first time in its history — the region’s most significant ecological initiative. The switch will expand blast furnace capacity, cut pig iron costs, and raise liquid steel output to six million tonnes. In 2026, a new one-million-tonne rolling mill will come online. By 2027, new coke oven batteries (Nos. 8 and 9), with 1.5 million tonnes annual dry coke capacity, will be launched, alongside a mining and beneficiation complex in Karazhal. Entry into the large-diameter pipe segment is also under review. These steps will allow Kazakhstan to fully cover domestic demand. The CRC project, however, is central to our modernisation strategy. This will be a turning point for Kazakhstan’s metallurgy. Across the Eurasian Economic Union and the CIS, no comparable facilities exist. Most plants still operate on equipment built decades ago. The CRC is next-generation technology — capable of producing premium steels for multiple industries. We are creating a high-tech, environmentally responsible operation able to compete with the best in the world.Technological EdgeWhat distinguishes the CRC from existing rolling mills?Our current rolling lines date back to the mid-20th century. They run on equipment that has long exhausted its lifecycle, requiring constant maintenance. They also remain limited to conventional low-carbon grades of steel, mainly for construction and general use. This restricts both thickness and width — a competitive disadvantage. The CRC resolves these constraints. We aim to roll steel as thin as 0.6 mm in hot rolling, substituting certain cold-rolled products and gaining cost advantages. Similar facilities in Europe and China have already proven this path. We are the first to bring it to Central Asia.How does CRC technology differ from traditional processes?Conventional mills operate with a separated process: slabs are cast at 200 mm thickness, cooled, reheated to 1,200°C in furnaces, then rolled. The CRC casts steel directly into thin slabs at 1,100°C, maintaining temperature via gas or induction furnaces, and sends them straight to rolling. This dramatically cuts energy use, reduces heat loss, and enhances quality. The shorter, continuous cycle delivers more stable metallurgical structures, improved surface finish, and precise geometry.Applications of Premium SteelPremium steels are indispensable where strength, durability, corrosion resistance, and resilience to extreme conditions are critical: Construction: bridges, stadiums, skyscrapers, and Arctic infrastructure. Engineering and transport: truck frames, railcars, vehicle bodies. Toolmaking: cutting tools, dies, and moulds requiring maximum hardness. Oil, gas, and chemicals: pipelines, heat exchangers, and tanks exposed to pressure and corrosive environments. Nuclear energy: reactor vessels, heat-transfer systems, and pipelines made from high-temperature, corrosion-resistant grades. Project TimelineWe have evaluated several design configurations and are working with leading engineering firms — Austria’s Primetals Technologies, Germany’s SMS Group, and Italy’s Danieli. By year-end, we expect to finalise entry into the project, with production to begin in 2027. Commissioning the CRC will mark a milestone in Qarmet’s growth strategy and reinforce our commitment to competing for technological leadership in global metallurgy. 21/08/2025 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Drug, Medical Device and Aesthetics, 肌顏態 was displayed at the CSD2025, The GeneQueens and 金因敷 launch was grandly held in Changsha

EQS Newswire / 02/07/2025 / 09:56 UTC+8 On June 27, 2025, Uni-Bio Science Group Limited (the “Group”)grandly held a new medical aesthetics product launch event in Changsha, releasing the high-end series GeneQueens of 肌顏態® and the medical device brand 金因敷®. Many experts, KOLs and partners attended the event. This launch not only showcased the Group's achievements in R&D, but also marked the comprehensive layout in the "drug, medical device and Aesthetics" field. [caption id="" align="aligncenter" width="500"] (Photo: : group photo at the launch )[/caption] High-end medical aesthetics: GeneQueens series At the launch, the Group unveiled the high-end series of 肌顏態® -——GeneQueensTM (Human-Sequence Triple Protein Repair & Balance Ampoule). which functions on skin repair and anti-aging. By activating cell regeneration, it helps users restore their youthful and healthy skin condition. [caption id="" align="aligncenter" width="500"] (Photo: GeneQueens product image)[/caption] GeneQueensTM sets a new standard for anti-aging and repair by adding three core ingredients in sufficient quantities. Skbrella FN, as a key ingredient for cell repair, can accelerate the healing of skin wounds and promote the adhesion and migration of new cells. III Collagen strongly fills the skin structure, significantly enhancing elasticity and firmness. XVII Collagen can strengthen the connection between the epidermis and dermis, and consolidate the youthful foundation of the skin. In addition, GeneQueens adopts a sterile and preservative-free formula, relying on high-purity raw materials and patented technology, providing users with an "instant enjoyment" precise and efficient experience. Its unique formula and outstanding efficacy were highly recognized by many experts on the spot. 2、金因敷 showcased a variety of new products Meanwhile, the Group also launched several new products of its medical device brand - 金因敷®, focusing on the professional repair field of medical aesthetics. [caption id="" align="aligncenter" width="500"] (Photo: 金因敷 series product picture)[/caption] 金因敷® complies with strict clinical trials and quality inspections to ensure its safety and effectiveness. The product adopts a high-purity non-allergenic formula, which can moisturize and accelerate wound repair. It also uses an exclusive cooling technology to relieve postoperative swelling and pain, providing a professional solution for sensitive skin and post-medical procedure care. 3、The latest research data was presented at CSD2025 It is worth mentioning that 肌顏態® also showcased the research data of "The Efficacy Study of Fibronectin in the Repair of Skin Barrier Damage for the post-medical procedure" jointly conducted with the Cosmetics Testing Center of the Dermatology Hospital of Southern Medical University in the poster area of the 30th Academic Conference of the Chinese Medical Association (CSD2025). This is not only an endorsement of the Group's research capabilities, but also provides experts and scholars in the industry with an opportunity to gain a deeper understanding of the 肌顏態® technology and products. As an annual grand event in the field of dermatology and venereology in China, CSD2025 brings together authoritative experts and scholars in dermatology across the country, presenting multi-dimensional academic achievements and exchanges of ideas. The poster area is one of the core venues of the academic annual conference. Posters are not only an important way for researchers to showcase their scientific research achievements, but also a key link in promoting the dissemination of academic ideas and the feedback of clinical practice. [caption id="" align="aligncenter" width="500"] (Photo: The research poster of 肌顏態 at the CSD 2025)[/caption] 4、Academic speeches by several experts Several clinical experts at the launch further recognized the significant clinical value of 肌顏態® and 金因敷®. The experts highlighted that 肌顏態®’ s patented ingredient, Skbrella FN, demonstrates immense potential in improving damaged sensitive skin barriers, reducing inflammatory erythema, alleviating discomfort sensations such as burning, tightness and itching, as well as enhancing post-laser repair and healing. In the clinical observations over the past few months, many patients treated with 肌顏態® have achieved remarkable therapeutic effects. The symptoms of anesthetic allergy have been rapidly relieved, the inflammatory pigmentation post-laser has significantly improved, the skin barrier has been repaired, and the patient satisfaction rate is extremely high. 金因敷® can effectively reduce redness, swelling and pain for post-medical procedures, accelerate wound healing and shorten the recovery time. [caption id="" align="aligncenter" width="500"] (Photo 1: 肌顏態 use case sharing by Professor Shi Ge, Director of the Department of Plastic Surgery of the Sixth Affiliated Hospital of Sun Yat-sen University) (Photo 2: 肌顏態 use case sharing by Professor Ge Lan, from The First Affiliated Hospital of Army Medical University) (Photo 3: Fibronectin clinical trial results sharing by Professor Ye Li, Head of Cosmetics Testing Center at Dermatology Hospital of Southern Medical University) (Photo 4: Mr. Du Wei, CEO of Cosmetics News & Cosmetics Business Online, analyzes cosmetics industry development trends)[/caption] 6、The signing ceremony reflects the market potential Mr. Zhao Zhigang, CEO of Uni-Bio Science Group, emphasized: " We have always adhered to the standards of biopharmaceuticals in creating skin care products. The release of GeneQueens and 金因敷 is an important milestone in building the "Drugs, Medical device and Aesthetics" strategy and creating a full-cycle skin care solution, aiming to meet consumers' increasingly refined skin health needs. " [caption id="" align="aligncenter" width="500"] (Photo: Mr. Zhao Zhigang, CEO of Uni-Bio Science Group, addressing the launch event.)[/caption] Furthermore, Ms. Liu Yihua, President of Global Cosmetics Group, attended the launch as an important guest. Uni-Bio Science Group and Global Cosmetics Group have jointly established a medical research co-creation biological platform. Utilizing gene-editing biosynthesis technology, the platform has launched Skbrella FN – a highly bioactive recombinant human fibronectin known as "皮優理". The launch also witnessed a grand strategic signing ceremony. The Group has achieved in-depth cooperation with many well-known medical aesthetics chain institutions and well-known agents. This signing is not only a high recognition of the quality and market potential of GeneQueens and 金因敷®, but also a key step for the Group to accelerate commercialization and expand channels. Through strong alliances with leading channel partners, the Group will reach the core consumers and ensure the rapid release of huge commercial value. [caption id="" align="aligncenter" width="500"] (Photo: Group photo of the strategic signing ceremony)[/caption] The successful holding of this launch not only marks a crucial step for the Group in medical aesthetics and medical devices, but also demonstrates the Group's in-depth layout and forward-looking vision in the "Drugs, Medical device and Aesthetics" strategy. In the future, the Group will continue to be guided by technology and oriented towards clinical value, accelerate product innovation and technological upgrading, constantly enrich pipeline, and meet the growing market demands. About Uni-Bio Science Group Uni-Bio Science Group Limited is principally engaged in the research and development, manufacture and sales of pharmaceutical products. The research and development center is fully equipped with a complete system for the development of genetically-engineered products with a pilot plant test base which is in line with NMPA requirements. The Group also has three GMP manufacturing bases in Beijing, Dongguan and Shenzhen. The Group also has a highly efficient commercialization platform and marketing network. The Group focuses on the development of novel treatments and innovative drugs addressing the therapeutic areas of endocrine such as diabetes and osteoporosis, ophthalmology and dermatology. Uni-Bio Science Group Limited was listed on the Main Board of the Hong Kong Stock Exchange on November 12, 2001. Stock code: 0690. End 02/07/2025 Dissemination of a Financial Press Release, transmitted by EQS News. The issuer is solely responsible for the content of this announcement. Media archive at www.todayir.com
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Modern Dental Group Celebrates the Successful Conclusion of the “Transformative Power of Digital Dentistry” Symposium 2025

EQS Newswire / 07/05/2025 / 10:05 UTC+8 (6 May 2025, Hong Kong) Modern Dental Group Limited ("Modern Dental" or "the Group"; stock code: 03600.HK) successfully hosted the dental symposium themed "The Transformative Power of Digital Dentistry" on 2-3 May in Ibiza, Spain. The event gathered over 350 dental professionals from around the world, showcasing cutting-edge research and the latest innovations shaping the future of global dental care. Participants engaged in dynamic discussions, exchanging practical insights on technological advancements and clinical applications in dentistry, creating a vibrant and collaborative environment that fosters shared learning. In the midst of a growing trend toward digitalization, we are seizing unparalleled opportunities for digital transformation in the field. The forum dedicated itself to the transformative power of digital dentistry, with robust sponsorship from major industry players such as Ivoclar, 3Shape and Medit. Throughout the two-day event, it featured 12 keynote presentations spanning a wide range of topics, including AI-driven solutions, aesthetic implant restoration and combination of orthodontic treatment with veneer applications etc.; it also features 6 interactive workshops, offering practical sessions for doctors to explore on topics such as intraoral scanning strategies and smile design with facial scanning. The symposium offered an exceptional platform where theoretical concepts met practical application, creating a valuable opportunity for innovation sharing and collaboration. As Modern Dental Group celebrates its upcoming 40th anniversary, the Group continues to be dedicated to fostering technological innovation and propelling the industry forward, while exploring the boundless possibilities offered by frontier technologies in dentistry. Leveraging on the extensive global network and the expertise accumulated over past decades, the Group has made the symposium a resounding success which brought together cutting-edge technologies and valuable insights. It also highlights the Group’s leadership in pioneering digital dental solutions, uniting top industry players to build a premier platform for collaboration worldwide. Looking ahead, we believe that digital dentistry is far beyond technological evolution, but a driving force for industry innovation, further enhancing the personalized healthcare experience for patients. It is believed that the symposium has brought advanced innovations to dentistry and enhanced the diverse digital solutions as a new benchmark for the sector. We sincerely thank doctors, industry experts, partners and all sponsors from around the world, whose active participation and strong support have made this event a remarkable achievement. The Group is committed to driving sustainable development in the dental industry through continuous innovation and seamless resource integration. About Modern Dental Group Modern Dental Group Limited (Stock code: 03600.HK) is a leading global dental prosthetics provider, distributor and consultant with a focus on providing custom-made prostheses to customers in the growing prosthetics industry. Our product portfolio is broadly categorized into three product lines: fixed prosthetic devices, such as crowns and bridges; removable prosthetic devices, such as removable dentures; and other devices, such as orthodontic devices, sports guards, clear aligners, and anti-snoring devices. Modern Dental Group has a global portfolio of respected brands, including Labocast, Permadental and Elysee Dental in Western Europe, YZJ Dental in China, Modern Dental Lab in Hong Kong, Modern Dental USA in the United States, and Southern Cross Dental in Australia. We have grown these brands by providing premium and consistent quality products and superior customer service. We have more than 80 service centers in over 23 countries and serve over 30,000 customers. END 07/05/2025 Dissemination of a Financial Press Release, transmitted by EQS News. The issuer is solely responsible for the content of this announcement. Media archive at www.todayir.com
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