AIoT Smart Healthcare Megatrend Arrives Home Control Powers a New Family Health Ecosystem with a ‘Smart Home + Health & Wellness’ Dual-Engine Strategy

EQS via SeaPRwire.com / 02/04/2026 / 10:58 UTC+8 As global population aging intensifies and consumers place greater emphasis on health management in the post-pandemic era, the convergence of AIoT with healthcare has emerged as a core pillar of the next technological wave. In this blue-ocean market, poised to surpass the trillion-dollar mark, the key question lies in extending professional medical services from hospitals into home, a critical focus for the industry. Against this backdrop, Home Control International Limited (1747.HK), a leading global provider of home control solutions, is executing a forward-looking strategic transformation. While continuing to deepen its core home control business, the Group has upgraded its brand to the "Omni Devices" brand, further expanding into the healthcare sector. Home Control is not merely following a trend; it is actively reshaping the global health management value chain through its deep technological expertise. The Company's latest 2025 annual results underscore its solid growth trajectory. Full-year revenue reached approximately US$109.4 million, representing a year-on-year increase of 1.8%, demonstrating operational resilience amidst a challenging macroeconomic environment. Regionally, while maintaining a strong presence in the Europe and the U.S. (which together accounted for approximately 70.2% of total revenue), the Company is strategically expanding into high-growth emerging markets, particularly India. Notably, revenue contribution from Asia increased from 13.0% in 2024 to 24.5% in 2025. This strategic shift not only optimizes the product mix but also provides diversified momentum for the Group's future growth. Driven by strong growth in higher-margin healthcare solutions and the absence of last year’s one-off impairment provision, profit attributable to owners of the Company surged 183.3% year-on-year to US$7.1 million. Rapid Smart Home Adoption in Europe and the U.S., as Whole-Home Automation Gains Momentum The global smart home market is expanding rapidly. According to Global Market Insights, the European smart home market is projected to grow at a CAGR of 16.1% between 2026 and 2035, reaching US$150.1 billion by 2035. Meanwhile, North America, the world's largest and most mature market, accounts for nearly 40% of global growth and is rapidly shifting from standalone devices to whole-home automation. This trend is driven by two key factors. First, strong consumer demand for home security is accelerating the adoption of integrated smart security and mobile applications. Second, rising energy costs and stricter energy-efficiency regulations are significantly boosting demand for smart thermostats and lighting systems. Leveraging its extensive experience in high-quality home control solutions, Home Control upgraded its "Omni Remotes" brand to "Omni Devices" at the end of 2024. This strategic rebranding reflects the Company's evolution beyond traditional control solutions into a broader spectrum of offerings. By applying its long-established expertise in technology innovation, particularly in advanced sensing and wireless connectivity, the Company is developing tailored solutions for vertical segments, unlocking new growth drivers in the flourishing smart home market. Asia-Pacific Digital Health to Reach US$713 Billion, Strategically Targeting the Home Health Monitoring Megatrend In contrast, the Asia-Pacific region is demonstrating even stronger momentum in the digital health. Market forecasts project the sector to grow at a CAGR of 22.98% from 2025 to 2035, surpassing US$713 billion. Remote patient monitoring and telehealth are among the fastest-growing segments, driven by the accelerating aging population across Asia and the increasing prevalence of chronic diseases like diabetes and cardiovascular conditions. These trends are significantly boosting demand for home-based health monitoring devices—such as blood glucose and blood pressure monitors—as well as preventive care solutions. Simultaneously, high smartphone penetration rates and strong government support for digital health infrastructure (e.g., China's "Healthy China 2030" policy) are accelerating the adoption of medical-grade devices in the home. In 2025, Home Control broadened its presence in the healthcare sector by integrating resources with its shareholder, Meta-Wisdom Tech Limited. During the year, revenue from healthcare solutions increased from 14.4% in 2024 to 21.4% of total revenue, highlighting the initial success of its transformation strategy. To build on this momentum, the Company established Orbiva Limited, a wholly-owned subsidiary in Hong Kong, dedicated to developing AIoT-enabled home healthcare platforms, ecosystems, and health management products. On the technology front, the Group has signed a strategic memorandum of understanding (MOU) with Nanyang Technological University (NTU) to jointly develop a secure AIoT-powered healthcare platform. Additionally, Orbiva has secured an intellectual property license for an AI assisted trustworthy home-care intelligence agent system, actively promoting the development of digital twin applications and secure health management devices. By combining technology R&D, data security, and product innovation, Home Control is accelerating the development of an integrated health management solution encompassing "Devices + Platform + Services," while deepening its presence in the Southeast Asian market to capitalize on regional growth opportunities. Smart IoT Empowers Personal Health Management, Launching a Closed-Loop Ecosystem and Transforming Valuation Overall, Home Control is undergoing a profound strategic transformation. While leveraging its established smart home foundation to generate stable cash flow, the Group has also been rapidly expanding its high-growth, high-value healthcare business. Building on this foundation, the Company is constructing a comprehensive ecosystem spanning hardware, software, data, and services through strategic acquisitions, industry-academia collaborations, and diverse partnerships. As the convergence of AIoT and healthcare deepens, the Group is steadily advancing toward its goal of real-time personal health monitoring and seamless integration of online-offline healthcare management. It is also accelerating the deep integration of smart home and health & wellness scenarios. This transformation not only provides a clear and scalable path for future growth but is also expected to drive long-term value creation and a sustained re-rating of the Company's valuation. 02/04/2026 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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AIoT智慧醫療風口來襲 Home Control 以「智慧家居+大健康」雙引擎構建家庭健康新生態

EQS via SeaPRwire.com / 2026-04-02 / 10:58 UTC+8 隨著全球人口高齡化趨勢加劇,以及後疫情時代消費者對健康管理越漸重視,AIoT(人工智慧物聯網)與醫療健康的深度融合已成為下一波科技浪潮的核心。在這個規模有望突破兆美元的藍海市場中,如何將專業醫療服務從醫院延伸至家庭場景,成為產業關注的焦點。在此趨勢下,全球領先的家居控制解決方案供應商 Home Control International Limited(1747.HK)正展現出極具前瞻性的戰略轉型。在持續深耕家居控制業務的同時,集團升級品牌為「Omni Devices」,並進一步拓展至醫療保健領域Home Control 不僅僅是在追隨風口,更憑藉其深厚的技術底蘊,積極重塑全球健康管理的價值鏈。 從最新公布的2025年業績來看,公司整體表現延續穩健增長態勢。全年收入約1.1億美元,同比增長1.8%,在宏觀環境仍具挑戰的背景下,展現出良好的經營韌性。從區域佈局來看,公司在穩固歐美市場(合共佔總收入約70.2%)的同時,亦加強拓展具強勁增長潛力的新興市場,尤其是印度。2025年亞洲市場的收入貢獻已由2024年的13.0%增長至24.5%。此策略性調整不僅優化了產品組合,更為集團未來增長提供了多元化動力。而受較高毛利的醫療保健解決方案銷售增長及無去年一次性減值撥備影響,公司歸母淨利潤大幅增長183.3%至710萬美元。 歐美智慧家居高速滲透 全屋自動化趨勢明確 全球智慧家居市場正處於快速擴張階段。Global Market Insights資料顯示,歐洲智慧家居市場在2026至2035年間以高達16.1%的複合年增長率快速增長,並有望於2035年規模將達1,501億美元;而北美作為全球最大且最成熟的市場,貢獻了全球近四成的增長。且正快速從單一設備向全屋自動化邁進。從產業趨勢觀察,智慧家居正由「單一設備」走向「全屋自動化整合」,其背後主要有兩大驅動力:一是消費者對家庭安全的高度重視,推動智慧安防與行動裝置整合應用快速普及;二是能源成本上升與節能法規趨嚴,帶動智慧溫控與照明系統需求顯著提升。Home Control憑藉其在高品質家居控制解決方案領域的深厚積累,於2024年底將「Omni Remotes」品牌升級為「Omni Devices」,這一戰略調整精准反映了其業務已由傳統控制解決方案延伸至更廣泛領域的發展願景。公司正運用其長期積累的技術創新能力,尤其是在先進感測及無線連接方面的實力,為垂直板塊開發專屬解決方案,為其在蓬勃發展的智慧家居市場中創造了新的增長曲線。 亞太數位醫療將達7,130億美元 精準卡位家庭健康監測風口 相較之下,亞洲市場則在數位醫療領域展現更強勁的爆發力。市場預測,亞太數字醫療市場預計2025至2035年的複合年增長率將高達22.98%並突破7,130億美元。其中,遠端患者監控及遠距醫療是增長最迅猛的細分領域。這一爆發式增長的背後,是亞洲人口高齡化趨勢加劇,以及糖尿病、心血管等慢性病患病率上升,大幅增加了對居家健康監測設備(如血糖、血壓監測)及預防性醫療的需求。同時,亞太地區智慧型手機普及率極高,加上各國政府(如中國的「健康中國2030」政策)大力支持數位醫療基礎建設,加速了醫療級設備走入一般家庭的趨勢。 2025年,Home Control透過與股東 Meta-Wisdom Tech Limited 的資源整合,拓寬在醫療健康領域更廣泛的佈局。年內醫療保健解決方案收入佔比已由2024年的14.4%提升至21.4%,顯示轉型策略已初見成效。為進一步推動戰略落地,集團在香港註冊成立全資子公司Orbiva Limited,專注於開發AIoT賦能的家庭醫療健康平台、生態系統及醫療健康管理產品。 技術合作方面,集團已與南洋理工大學簽署戰略諒解備忘錄,透過Orbiva共同開發安全的AIoT賦能醫療健康平台。同時,Orbiva亦取得了人工智能輔助的可信賴家庭護理智能代理系統有關的知識產權授權,積極推動數字孿生應用(digital twin)及安全健康管理設備的開發。透過整合技術研發、數據安全與產品創新,公司正加速構建涵蓋「設備+平台+服務」的一體化健康管理解決方案,並持續深化東南亞市場布局,把握區域增長紅利。 智慧物聯網賦能個人健康管理 生態閉環開啟估值重塑 整體而言,Home Control正經歷一場深刻的戰略轉型。一方面,公司依託既有智慧家居與控制技術為基礎,鞏固穩定現金流;另一方面,透過醫療健康業務的快速擴展,切入高成長、高附加價值的新興賽道。在此基礎上,公司進一步結合策略性併購、產學合作及多元夥伴關係,逐步建構涵蓋硬體、軟體、數據與服務的完整生態體系。 隨著AIoT與醫療健康的融合持續深化,集團正朝向實現即時個人健康監測與線上線下無縫銜接健康管理的目標穩步邁進,並加速推動智慧居家與大健康場景的深度融合。此一轉型不僅為公司未來成長提供清晰且具延展性的路徑,亦有望推動企業價值的長期重塑與提升。 2026-04-02 此財經新聞稿由EQS via SeaPRwire.com轉載。本公告內容由發行人全權負責。瀏覽原文: http://www.todayir.com/tc/index.php
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DPC Dash Ltd (1405.HK): Stellar Earnings, Service Consumption Tailwind Lifts the Leading Pizza Stock

EQS via SeaPRwire.com / 01/04/2026 / 14:00 UTC+8 Over the past few years, the consumer sector has witnessed repeated reshaping of market expectations. From consumption upgrading to downgrading, and from traffic-driven growth to stock competition, the market has grown increasingly discerning toward the catering industry, and is also placing greater emphasis on the sustainability of corporate growth. In a recent research report, Industrial Securities noted that boosting domestic demand is a top economic priority for 2026. China's residential service consumption has considerable room for improvement compared with overseas markets, and is expected to become a new focus of the country on the basis of further optimizing subsidies for commodity consumption. Capital allocation in the sector is at a historically low level and the overall valuation has priced in many pessimistic expectations. It is recommended to attach importance to 2026 as the first year of service consumption, and lay out the two main lines of inflation expectation recovery and segmented prosperity from a full-year perspective. Against this macro backdrop, DPC Dash Ltd ("DPC Dash" or the "Company")(1405.HK) recently released an eye-catching annual results. Despite the slowdown in the growth of the catering industry and intensified competition over the past year, which have left many players stuck in a growth bottleneck, DPC Dash has proven with data that an enterprise's resilience to navigate economic cycles never comes from empty slogans, but from solid fundamentals and sustained growth momentum. 01 Profit Quality Improves Steadily, Economies of Scale Accelerate A quick look at DPC Dash's financial report reveals impressive performance in its core metrics. In 2025, Domino's China achieved revenue of RMB 5.382 billion, a year-on-year increase of 24.8%, representing five straight years of double-digit growth; adjusted net profit reached RMB 188 million, a year-on-year surge of 43.3%; adjusted EBITDA stood at RMB 635 million, up 28.2% year-on-year; adjusted EBITDA profit margin was 11.8%, a year-on-year increase of 30 basis points. Net profit hit RMB 142 million, a substantial year-on-year surge of 157.1%. Behind this outstanding performance is the continuous consolidation of profitability at the store level. In 2025, store-level EBITDA totaled approximately RMB 1.001 billion, with a margin of 18.6%; store-level operating profit reached around RMB 740 million, maintaining a healthy operating profit margin of 13.7%. These figures send a clear signal: the Company's profit growth has moved beyond the inflection point of "turning losses into profits" and entered an upward trajectory of "sustained realization". 2024 marked a milestone as the Company achieved annual profitability for the first time, and 2025 further validated the sustainability of its business model on this basis. The revenue side maintained a high growth rate of 24.8%, and the profit growth outpaced revenue growth significantly—a typical characteristic of the materialization of economies of scale. With the expansion of the store network, fixed costs are spread thinner, driving higher marginal profits. Headquarters management expenses are also spread thinner, and supply chain and distribution efficiency is optimized as network density increases. Every seemingly minor cost improvement, multiplied by the scale of over a thousand stores, translates into tangible profit elasticity. On a deeper level, the improvement in profit quality is also driven by the optimization of store structure. In 2025, the revenue share of newly growing markets rose further. These new stores not only contributed to revenue growth but also boosted the overall profitability with their higher return on investment efficiency. At the same time, mature markets continued to generate stable cash flow through consecutive years of same-store sales growth. A dual-drive pattern of "mature markets stabilizing the core business and new markets contributing growth elasticity" has taken shape. It can be said that DPC Dash has built a self-reinforcing operating cycle: scale expansion leads to cost optimization, and such optimization in turn fuels the improvement of profitability, and the improved profitability provides financial support for a new round of expansion. 02 Store Milestone Achieved, 4D Strategy Powers the Growth Flywheel The core keyword for DPC Dash's 2025 results can be summarized as resilience. This resilience is not a short-term earnings surge, but a sustainable growth capability built on economies of scale, digital barriers and brand moats. The Company's "4D Strategy" anchored its full-year operations, encompassing high-quality store Development, Delicious Pizza at Value, efficient Delivery experience, and advanced Digital capabilities. These four pillars work in lockstep to accelerate the growth flywheel. a. Store Network Achieves Growth in Both Quantity and Quality In 2025, DPC Dash continued its expansion strategy of "deepening and expanding market reach", with a net increase of 307 stores throughout the year, successfully meeting its annual store opening target. By the end of the year, the total number of stores reached 1,315, covering 60 cities. Entering 2026, the pace of expansion has further accelerated, with 62 new stores opening in 46 cities nationwide on New Year's Day alone, including 8 cities where the brand entered those markets for the first time. What is more noteworthy than the number itself is the performance of the new stores. Most of the newly opened stores are located in non-first-tier cities, yet their growth momentum has been nothing short of stunning. In October 2025, the first store in Xuzhou recorded a daily turnover of over RMB 680,000 on its opening day. The first store in Dalian, which opened on New Year's Day 2026, further refreshed this record to RMB 700,000. As of January 31, 2026, the Company occupied the entire top 50 slots in Domino’s global ranking of first-30-day sales across its network of over 22,000 stores worldwide. Clearly, the Company's store location selection is not a matter of luck, but a data-driven model. Every new store opening is backed by scientific, data-driven decision-making, from the analysis of urban tier characteristics and the measurement of business district traffic, to the control of rental costs and the design of delivery radii. "Deepening and expanding market reach" is not blind expansion, but a steady territorial expansion based on a replicable single-store model. b. Expanding Member Ecosystem, Digital Strategy Builds Core Barriers As of the end of 2025, the scale of DPC Dash's “loyalty program” exceeded 35.6 million, with a net increase of over 11 million members and more than 15 million new first-time users throughout the year. The value of these figures lies in the closed data loop. The Company's digitalization has integrated the full customer journey of "ordering-production-delivery-repeat purchase". The accumulated user portrait data can feed back into product research and development and marketing strategies, with data supporting decisions such as which cities to launch new products in, what promotions to match, and when to prioritize sales. This digital asset is not something competitors can replicate in the short term. It is not a purchasable system, but a collection of user insights and operational methodologies accumulated over the years. At a time when traffic costs are rising steadily, DPC Dash, with a private domain user base of 35 million, has built its own brand moat. c. Simultaneous Product Innovation and Precision Marketing On the product front, DPC Dash maintained a high-frequency iteration pace of innovation. Throughout 2025, the Company launched a new product every 6 to 12 weeks, introducing a number of new pizzas that blend regional flavors with global inspiration, and also upgraded classic products with "more portions without extra cost". From Sicilian-style to Madrid-style pizzas, braised beef brisket with prawns to black truffle & mushroom, each new product enriches the product portfolio while reinforcing the brand’s value-for-money positioning. This continuous product renewal not only meets consumers' pursuit of novelty but also solidifies the foundation for repeat purchases. In terms of marketing, the Company accurately seized major consumer nodes throughout the year, launching Halloween-themed limited editions, Spring Festival promotions, and cross-border collaborations with popular IPs such as Sanrio. With coordinated online and offline efforts, it successfully reached the young consumer group. Meanwhile, classic promotional activities such as "Buy One Get One Free Super Week" returned regularly, providing consumers with a variety of choices. The simultaneous increase in brand exposure and sales conversion attests to the effectiveness of its marketing strategy. 03 The Expectation Gap in An Era of Differentiation Among Consumer Stocks Currently, the investment logic of the consumer sector is undergoing profound changes. In the past, "choosing the right track meant success for anyone", but now "investors are scrupulously picking alpha opportunities". In this differentiated environment, what underappreciated advantages support DPC Dash? Expectation Gap 1: Pizza’s Inherent Anti-Cyclicality in China The coexistence of consumption downgrading and upgrading may sound contradictory, but it is the real picture of China's current consumer market. Consumers in first-tier cities may be more budget-conscious, while consumption upgrading in lower-tier markets is just beginning. The uniqueness of the pizza category lies in its dual attributes: it combines everyday convenience with social dining appeal. It works as a RMB 30 quick meal and a presentable RMB 80 treat. This flexible positioning gives pizza unusual resilience in a split consumer landscape. When the catering sector faces pressure, its essential, everyday appeal provides a defensive cushion; when consumer confidence recovers, its experiential attribute releases growth elasticity. The market is accustomed to simply categorizing pizza as "Western fast food", but overlooks its cross-tier pricing appeal. This inherent advantage of the category is the underlying logic for DPC Dash to navigate economic cycles. Expectation Gap 2: Accelerating Economies of Scale Beyond 1,000 Stores Many view economies of scale as linear, assuming that a 10% increase in the number of stores will lead to a corresponding percentage drop in costs. In reality, economies of scale are released in a cumulative and accelerating manner. When store density reaches a certain level, cost efficiency improves at a steepening rate. The 1,000-store mark is a critical threshold. Crossing this threshold brings qualitative changes in procurement bargaining power, distribution network efficiency and brand recognition. With the further increase in store network density and optimization of operational efficiency, the scale dividends on the supply chain side are also expected to be further released. Of course, the pace of opening about 300 stores per year means the Company is still in the expansion and investment phase, which requires continuous resource input for the cultivation of new markets and the growth of new stores. But the key is to look at the trend: as the number of stores increases, the fixed component of the single-store cost model will be diluted further; as store density rises, the efficiency of the distribution network will improve. This process does not happen overnight, but the direction is clear. It is foreseeable that as new stores gradually move beyond the cultivation period and enter the mature stage, the improvement in profitability will be gradually reflected in the financial statements. This gradual but definite improvement is the expectation gap that the market has not yet fully digested. Expectation Gap 3: Digital Assets Underappreciated in Valuation System of Consumer Stocks When valuing catering stocks, the market is used to looking at PE ratios, store numbers and same-store sales growth. However, DPC Dash's digital assets, from 35.6 million member data to order forecasting algorithms and delivery route optimization systems, are underappreciated in conventional valuation frameworks. Digitalization is not a cost center, but a catalyst for higher valuation. A catering enterprise with a large private domain user pool and the ability to accurately reach and operate users has an incomparable long-term value compared with enterprises that rely solely on third-party platform traffic. As the market gradually recognizes the competitive barriers built by this set of digital assets, the valuation system of DPC Dash is expected to face a re-rating. Expectation Gap 4: Premium Brand Benefits in Lower-Tier Markets Top Western brands are still in short supply in lower-tier markets. When young people in a county want to eat authentic pizza for the first time, they often have limited choices. At this time, the emergence of Domino's is not consumption downgrading, but a catch-up opportunity for consumption upgrading. The queuing phenomenon at the first stores in more than a dozen new cities entered in 2025 is the best testament to this. Behind this explosive growth is the dimension reduction impact of Domino's global brand momentum. According to the "RESTAURANTS 25 2025" released by Brand Finance, Domino's ranked seventh with a brand value of US$6.69 billion, firmly securing a spot in the world's top 10 most valuable restaurant brands. For consumers in lower-tier markets, the recognition and trust in international top brands exceed expectations. This brand endorsement is an advantage that local brands can hardly replicate. From this perspective, the story of the pizza track in China is far from over. First and second-tier markets compete on density and efficiency, while lower-tier markets compete on the first-mover brand perception. DPC Dash happens to stand at the intersection of these two tracks. Therefore, for DPC Dash, sinking to lower-tier markets is not a move downmarket, but an in-depth expansion into a blue ocean market. 04 Conclusion Looking back at the full year of 2025, DPC Dash's economies of scale are being released at an accelerated pace. This is not a simple extensive expansion, but a sustainable snowball-like growth model. When the brand has a solid foundation and the market space is broad enough, growth momentum can be continuously accumulated. While the market is still debating the strength of consumption recovery, DPC Dash has proven with its brilliant financial report that solid fundamentals are the most reliable anchor through economic cycles. Of course, DPC Dash is not without challenges. Balancing the speed of expansion and the quality of single stores is a technical task amid rapid expansion. Entering new cities means continuous investment, and the early cultivation period may bring short-term fluctuations. The decline in the proportion of delivery revenue in some new stores will also affect the average transaction value. These are the normal costs associated with expansion, but such investment and layout are for the long term. Crucially, the Company has established a presence in only 60 cities to date, leaving massive untapped potential. Meanwhile, it supports the opening of around 300 new stores annually through internal cash generation, without increasing debt or depleting cash reserves—a level of financial stability rarely seen in the current catering industry. It is important to note the brand value of Domino's—ranking among the world's top 10 restaurant brands is a moat built over decades. DPC Dash's localized operation capabilities have also been verified: a sustained and strong expansion momentum, new stores in emerging markets repeatedly breaking sales records, a member base exceeding 35.6 million, four consecutive years of being awarded the "Best Employer" by Mercer, and the first "Star Employer" award by Mercer China in 2025. What the market needs is a telescope for long-termism, not a microscope for short-term fluctuations. 01/04/2026 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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基石科技旗下Spark EV攜手中國南方電網,點亮東南亞電動車新版圖

EQS via SeaPRwire.com / 2026-03-31 / 23:36 UTC+8 基石科技旗下Spark EV攜手中國南方電網,點亮東南亞電動車新版圖 自2026年2月底以來,中東地緣局勢升溫導致霍爾木茲海峽物流服務中斷,全球原油供應鏈亦因而受到極大影響,國際油價維持高位震盪。3月9日WTI原油一度觸及119.48美元/桶,布倫特接近120美元/桶,創下近四年來新高。泰國零售油價也在上週上調了20%,燃油成本持續攀升不但直接推高了傳統燃油車的出行成本,同時也加速了電動車的全球轉型。據Mordor Intelligence資料顯示,東盟電動車市場規模預計在2026年達到59.9億美元,至2031年將突破235億美元,年複合增長率超過30%。其中,泰國憑藉穩固的製造業集群布局及政府激勵政策,2025年國內電動車銷量增長達40%,佔區內市場份額高達39%。2026年亦繼續維持升勢,首兩月的電動車銷量達38,000輛;若以這一速度估算,全年銷量或超過200,000輛,可見泰國電動車滲透率預期將持續攀升,這亦推動了相應的充電基礎設施需求。 眼見東盟的廣闊市場機遇,基石科技控股有限公司旗下聯營公司Spark EV Company Limited (「Spark EV」)亦於3月25日與南方電網瀾湄國際能源有限責任公司(「南網瀾湄國際」)簽署合作備忘錄,雙方將共同推進 Spark EV在泰國市場的業務布局,透過在當地安裝超過1,000個充電站,建立更強大的競爭優勢,發揮更大的網絡效益。 作為領先的充電服務供應商,基石科技已於香港建立完善的業務布局,服務涵蓋私人住宅充電訂閱服務(Cornerstone HOME)和公共充電網絡(Cornerstone GO)。前者專為住宅樓宇提供月繳式私人充電服務,目前使用者已超過1,200名;後者則負責營運香港規模最大、使用率最高的公共電動車充電網絡,現時網絡覆蓋超過120個停車場,總充電點數超過1,900個,會員人數更突破87,000名用戶。 香港市場以外,基石科技亦透過Spark EV積極拓展海外市場業務,基石科技2025年的海外收入大升接近70%。其中,Spark EV在泰國已取得了明顯先發優勢,透過與Bangchak Corporation Public Company Limited (「 Bangchak」)達成合作,現已有超過240個充電站正式投入營運,會員數已超過17萬5千。Bangchak是泰國兩大能源企業之一,在泰國已擁有2,214個服務站施。憑藉其遍布全國的能源零售網絡以及推動綠色能源轉型的戰略定位,Bangchak為Spark EV在泰國的充電業務提供了強大支持。 南網瀾湄國際為南方電網公司的子公司。南方電網公司作為國內兩大電網公司, 年收入超過8000億,在國內擁有超過10萬支充電樁。是次基石科技與南方電網瀾湄國際達成合作,預期將進一步加快其泰國業務發展。南網瀾湄國際在電網穩定性和智慧電網管理方面擁有出眾的技術專長。雙方合作可望提升Spark EV把超快充電樁連接至本地電網的技術水平及執行效率,繼而大大提升其網絡可靠性。隨著泰國在電動車3.5激勵計劃和「30@30」目標(即至2030年,國內30%的汽車產量為零排放車)的驅動下,該國預期將成為東南亞增長最快的電動車市場,衍生出龐大的充電需求。Spark EV有望進一步鞏固其市場領先地位,以更高效網絡及更高成本效益,獲取更多用戶,並提升網絡使用率。 根據公告顯示,雙方在泰國取得成功後,亦有意在瀾湄次區域中的其他國家展開合作,特別是針對一些電動車滲透率較高、電動車充電基礎設施增長潛力較大的國家,當中包括馬來西亞、印尼、柬埔寨、老撾、緬甸及越南等地。因此,預期雙方的協同效應將不斷釋放,為東南亞電動車產業注入新動能。 隨著充電業務規模不斷擴大,基石科技有望取得更穩定的充電費收入及經常性現金流。考慮到該業務的較高毛利表現,其收入結構亦將取得顯著改善,帶動集團整體盈利表現,加快其扭虧為盈步伐。由此可見,是次強強聯手不僅有助推動區內電動車普及,也為基石科技提升利潤水平、引入長期增長點提供了堅實支撐。未來,這一合作有望成為推動區域能源轉型與綠色交通發展的重要里程碑,點亮東南亞電動車新版圖。 2026-03-31 此財經新聞稿由EQS via SeaPRwire.com轉載。本公告內容由發行人全權負責。瀏覽原文: http://www.todayir.com/tc/index.php
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Cornerstone Technologies ’s JV Spark EV Join Hands with China Southern Power Grid to Open Up New Chapter for Electric Vehicles Charging in Southeast Asia

EQS via SeaPRwire.com / 31/03/2026 / 23:36 UTC+8 Cornerstone Technologies ’s JV Spark EV Join Hands with China Southern Power Grid to Open Up New Chapter for Electric Vehicles Charging in Southeast Asia Since late February 2026, escalating geopolitical tensions in the Middle East have disrupted logistics services through the Strait of Hormuz, severely impacting the global crude oil supply chain, with international oil prices remained volatile at relatively high levels. On March 9, WTI crude briefly touched USD119.48 per barrel, while Brent approached USD120 per barrel—marking the highest levels in nearly four years. Thailand’s retail fuel prices also saw a 20% increase last week. Rising fuel costs not only directly increase the usage cost for traditional ICE vehicles, but also accelerate the global transition toward electric vehicles. According to data from Mordor Intelligence, the ASEAN electric vehicle market is projected to reach USD5.99 billion in 2026, surpassing USD 23.5 billion by 2031 with a compound annual growth rate (CAGR) exceeding 30%. Thailand, leveraging its robust manufacturing clusters and government incentive policies, saw domestic EV sales grow by 40% in 2025, capturing a remarkable 39% market share within the regional market. The upward momentum also continued in 2026, with EV sales reaching 38,000 units in the first two months alone. At this pace, annual sales could exceed 200,000 units in 2026, underscoring Thailand’s steadily rising EV penetration rate, which in turn, further drive the demand for corresponding charging infrastructure. Seeing the vast market opportunities in ASEAN, Cornerstone Technologies Holdings Limited’s joint venture, Spark EV Company Limited (“Spark EV”) has entered into a memorandum of understanding with China Southern Power Grid Lancang-Mekong International Co., Ltd (“CSG-LMI”) on March 25. The two parties will jointly advance Spark EV’s expansion in the Thailand market, aiming to install more than 1,000 charging stations nationwide to strengthen its competitive edge and enhance network efficiency. As a leading charging service provider, Cornerstone Technologies has established a comprehensive business presence in Hong Kong, covering private residential charging subscription services (Cornerstone HOME) and public charging networks (Cornerstone GO). The former provides monthly subscription-based private charging services for residential buildings, with more than 1,200 users currently enrolled; the latter operates Hong Kong’s largest and most utilized public EV charging network, already in operation across 120 car parks, totaling over 1,900 charging points with more than 87,000 members. Beyond the Hong Kong market, Cornerstone Technologies is also actively expanding its overseas business through Spark EV, with overseas revenue projected to increase by nearly 70% by 2025. Spark EV has already gained a significant first-mover advantage in Thailand, having partnered with Bangchak Corporation Public Company Limited ("Bangchak") to operate over 240 charging stations with more than 175,000 members. Bangchak is one of Thailand's two largest energy companies, with 2,214 service stations across the country. Leveraging its nationwide energy retail network and strategic positioning in promoting green energy transformation, Bangchak provides strong support for Spark EV's charging business in Thailand. Meanwhile, CSG-LMI is a subsidiary of China Southern Power Grid Co., Ltd. (“CSG”) As one of China's two largest power grid enterprises, CSG has an annual revenue exceeding RMB800 billion and operates over 100,000 charging stations nationwide. This partnership between Cornerstone Technologies and CSG-LMI is expected to further accelerate its business development in Thailand. CSG-LMI brings unparalleled technical expertise in grid stability and smart grid management. The partnership is expected to provide Spark EV with enhanced technical efficiency in connecting ultra-fast chargers to the local power grid, along with superior operational reliability. Driven by the introduction of the EV 3.5 incentive scheme and the “30@30” target (30% of domestic vehicle production to be zero-emission by 2030), Thailand is expected to become the fastest-growing EV market in Southeast Asia, generating substantial demand for charging infrastructure. Hencd, Spark EV will be well-positioned to further consolidate its market leadership by leveraging a more efficient network and greater cost-effectiveness, thereby attracting more users and increasing overall network utilization. According to the announcement, following their success in Thailand, the two parties also intend to expand cooperation to other countries within the Lancang-Mekong sub-region, particularly those with higher EV penetration rates and strong growth potential in charging infrastructure. These include Malaysia, Indonesia, Cambodia, Laos PDR, Myanmar, and Vietnam. As a result, the synergies between the two parties are expected to continue to unfold, injecting new momentum into the electric vehicle industry across Southeast Asia. With the steadily expanding scale of its charging business, Cornerstone Technologies is well-positioned to generate stable revenue and recurring cash flow from charging fees. Given the relatively high gross profit margin of the charging business, the Company’s revenue mix is expected to improve significantly, driving overall profitability and breakeven performance. This strategic partnership not only supports the wider adoption of EVs in the region but also provides Cornerstone Technologies with a solid foundation to enhance profitability and establish long-term growth drivers. Looking ahead, the collaboration is expected to become an important milestone in advancing regional energy transition and green mobility development, opening up a new chapter for the EV landscape in Southeast Asia. 31/03/2026 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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增利提質、蝶變升級,匯通達網絡(9878.HK)2025年度業績發布

EQS via SeaPRwire.com / 2026-03-31 / 15:21 UTC+8 3月30日,匯通達網絡(9878.HK)發布2025年度業績公告。 2025年,是匯通達深化變革、邁向高質量發展的關鍵之年。公司主動推進戰略升級,整體經營質量大幅提升,實現營業收入523億元,凈利潤達5.3億元、同比增長14.6%,歸母凈利潤達3億元、同比增長11.3%,毛利率提升至4.5%、同比增幅達18%,經營性現金流凈流入4.2億元,連續7年保持正流入。 毛利率、凈利潤率、歸母凈利潤率三項核心財務指標創下歷史最高水平,核心盈利指標均實現逆勢增長,印證了匯通達戰略升級後在經營質量與盈利能力上的持續提升,標誌著公司已進入「增利提質、蝶變升級」的高質量發展新週期。 增利提質,戰略升級成果顯現,盈利質量顯著提升 業績公告顯示,匯通達2025年以利潤和現金流為核心,集中資源佈局高增長「科技賦能」「智慧供應鏈」等賽道,在四大維度取得突破性進展。 一是智慧供應鏈能力顯著提升。匯通達在多行業構建「反向+短鏈+數字化」的高效供應鏈體系,發布並推進「品牌直通車」「自有品牌生態群」「開放式智慧供應鏈平台」三項工程。其中,行業頭部品牌「新品季」銷售毛利率提升30%、單店(會員店)銷售增長超40%;日化快消、適老健康等新品類收入同比提升超50%,匯通達自有品牌銷售額突破1.4億元,同比增長37%、毛利率超40%。 二是AI產品開發應用成效顯著。公司深化「AI+產業」智能化升級,匯通達基於零售場景的「千橙雲AI智能大模型」通過國家網信辦備案,並與阿里雲達成「全棧AI全面合作」,全年AI收入「從零到有」突破1億元,佔服務收入比重近20%。目前,零售門店和供應鏈客戶能夠通過「千橙AI超級店長APP」和「千橙AI門戶」(ai.qcos.cn)等多端口便捷、低門檻地使用各類智能體,助力商品採購、電商直播、社群營銷等多場景的經營管理。 三是新零售業態佈局取得突破。匯通達正式進入快消硬折扣連鎖領域,首批硬折扣超市於2025年12月同步開業,標誌著匯通達完成「從下沉市場到全域市場」「從to b到to b+to c」「從三高類(商品價值高、體驗要求高、售後服務要求高)商品到全品類商品」的三重升級,開闢了新的增長曲線。 四是「產業+資本」雙輪驅動落地。匯通達一方面深耕產業建設,一方面加速對優質高價值標的的投資併購,取得突破成果。收購高端製造業A股上市公司金通靈25%股份,成為金通靈控股股東,構建「大消費+智能製造」雙產業格局;同時收購電商AI頭部企業認知邊界57%股權,根據公司公告,認知邊界預計未來三年歸母凈利潤分別不低於8500萬元、1億元、1.15億元。通過戰略性收購,匯通達搭建起「大消費+智能製造+AI技術」的新三駕馬車,為公司未來發展注入新的增長引擎。 蝶變升級,四大工程引領未來發展,價值釋放加速開啟 在「激活下沉市場」「堅持擴大內需」「優化提升傳統產業」「培育壯大新興產業和未來產業」等「十五五」規劃引領的新時期,匯通達將依託下沉市場護城河,著眼以「創新供應鏈」與「人工智能+」賦能城鄉零售實體、供應鏈夥伴、產業上游工廠與前沿科技企業,堅實落地四大創新工程,加速邁向價值創造新階段。 加快佈局零售連鎖與大快消行業。2026年初,匯通達已與行業知名的量販零食品牌零食優選達成戰略合作,共同運營零食優選全國2800多家門店。未來,匯通達還將以自營、合資、併購等多種形式快速拓展規模,通過「供應鏈+AI」的雙賦能體系,佈局硬折扣連鎖、量販零食、社區生活超市、便利店等多業態,快速躋身行業第一梯隊,打造新的增長引擎。 聚焦AI應用場景。圍繞零售行業經營全鏈路,匯通達將深化打造「AI+數智化+軟硬一體」的賦能體系,一方面強化垂直大模型底座,一方面加快智能體、機器人等產品和應用的研發與商業化進程,賦能服務覆蓋會員店、零售連鎖門店、電商商家等多場景客群,持續提升公司技術壁壘與服務能力。 打造智能科技服務平台。匯通達(及旗下子公司「居家運通」)依託與頭部品牌( Apple 等)長期深度合作的全鏈路科技產品服務能力,全面升級打造「智能科技產品服務平台」,助力具身智能、腦機科學等前沿科技成果的市場化、規模化轉化,為硬科技企業提供全周期的商業化服務。 打造以快消品為核心的創新供應鏈平台。匯通達將持續深化「自有品牌生態群」「品牌直通車」等工程,在產業鏈通過集採、定製、自有品牌等模式,利用「AI+大數據」手段,持續優化供需效率;在零售端通過覆蓋連鎖終端、私域、即時零售等多場景,成為服務全渠道、適配新消費的創新供應鏈服務平台。 2025年,公司已完成資本公積彌補虧損,掃清分紅障礙。2026年將做好統籌規劃,兼顧長遠發展與股東權益,不斷完善利潤分配機制,積極通過現金分紅等方式與全體股東共享發展成果。同時,公司已啟動H股回購,將持續視市場情況靈活運用回購等工具,回饋股東信任。 2026年,是匯通達從戰略升級邁向價值釋放的關鍵之年。匯通達將依託下沉市場護城河,在人工智能技術革命、新零售業態變革、產業資本的多重驅動下,以AI重塑運營效率,以供應鏈能力創造產業價值,以零售連鎖開拓增量空間,並貫徹「產業+資本」戰略,推動更多零售連鎖、AI垂直應用、科技服務平台、創新供應鏈等方向的優質項目併購。在推動科技創新與產業創新深度融合、促進消費市場循環暢通、助力鄉村全面振興的時代浪潮中,為合作夥伴與社會創造可持續的長期價值。 2026-03-31 此財經新聞稿由EQS via SeaPRwire.com轉載。本公告內容由發行人全權負責。瀏覽原文: http://www.todayir.com/tc/index.php
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Huitongda Network (9878.HK) Announces 2025 Annual Results: Enhancing Profitability and Quality Through Transformational Upgrade

EQS via SeaPRwire.com / 31/03/2026 / 15:21 UTC+8 On March 30, Huitongda Network (9878.HK) announced its 2025 annual results. 2025 marked a pivotal year for Huitongda as it executed strategic upgrades and deepened its transformation, steering the Company toward high-quality development. The Company significantly improved its operating quality, with revenue for the year reaching RMB52.3 billion and profit rising 14.6% year-on-year (“yoy”) to RMB529 million. Gross profit margin increased by 18% yoy to 4.5%, while profit attributable to equity shareholders of the Company rose 11.3% yoy to RMB300 million. The Company also recorded net cash generated from operating activities of RMB419 million for the year, maintaining positive operating cash inflow for seven consecutive years. The three key financial indicators, namely gross profit margin, net profit margin, and net profit margin attributable to equity shareholders of the Company, all reached historical highs, fully demonstrating the continuous improvement in operational quality and profitability despite notable operational challenges and macro headwinds. In fact, the continuous improvement in operational quality and profitability following the strategic upgrades also marked the Company's entry into a new cycle of high-quality development, characterized by enhanced profitability, improved operating quality, and transformational upgrade. Enhancing Profitability and Quality: Strategic Upgrade Delivering Solid Results According to the results announcement, with profit and cash flow as its key priorities for the year, Huitongda focused its resources on high-growth sectors such as "technology-enabled" and "smart supply chain", achieving breakthrough progress across four key dimensions. In terms of building a smart supply chain, Huitongda has built an efficient supply chain system featuring reverse customization, short-chain distribution, and digitalization across multiple industries, launching three major projects, including the "Brand Express", "Self-owned Brand Ecosystem Development", and "Open-Platform Smart Supply Chain System". Benefiting from these initiatives, the gross profit margin of TOP brands increased by approximately 30% during the new product launch season, and the sales per store (member stores) increased by more than 40%. Meanwhile, revenue of new product categories such as fast-moving consumer goods and senior-friendly health products increased by more than 50% yoy. Sales of Huitongda's self-owned brands also exceeded RMB140 million, representing a yoy increase of 37%, with gross profit margin exceeding 40%. The Group also delivered outstanding results in the development and application of its AI products. To advance the smart upgrade of "AI + industries", the Company launched its retail-scenario-based "Qiancheng Cloud AI" vertical model, with the model completing the filing with the Cyberspace Administration of China during the year. The Company also reached a full-stack comprehensive AI cooperation with Alibaba Cloud, further expanding its offerings and boosting its AI-related revenue from zero to over RMB100 million, accounting for approximately 20% of total service revenue. Currently, retail stores and supply chain customers can conveniently utilize various intelligent agents through multiple platforms, such as the "Qiancheng AI Super Store Manager APP" and the "Qiancheng AI Portal" (ai.qcos.cn), supporting a wide range of operational tasks, including merchandise sourcing, e-commerce livestreaming and community marketing. In terms of new retail formats, Huitongda made significant breakthroughs by tapping into FMCG discount business, officially entering the retail chain sector through "hard-discount supermarkets". The first batch of hard-discount supermarkets opened in December 2025, marking the completion of major upgrades for Huitongda: from lower-tier markets to the broader nationwide market, from a pure "to-B" model to a "to-B plus to-C" model, and from a primary focus on high-value products that require strong customer experience and after-sales service (the so-called “three-high” categories) to a comprehensive product portfolio, creating a new growth driver in the process. Under the dual drivers of "Industry + Capital", Huitongda saw significant breakthroughs during the year, expanding its industrial footprint while expediting investments and acquisitions of high-quality and value-creating assets. Specifically, the Company acquired a 25% equity interest in A-share listed company Jin Tong Ling, a high-end manufacturer, and became its controlling shareholder, in an attempt to bridge “large consumption + intelligent manufacturing”. It also acquired a 57% equity interest in Boundary Consulting, a leading e-commerce AI company. According to the Company’s previous announcement, Boundary Consulting is expected to record net profit attributable to shareholders of no less than RMB85 million, RMB100 million and RMB115 million in the next three years, respectively. Through these strategic acquisitions, the Company has established a new growth framework of “large consumption + intelligent manufacturing + AI technology”, injecting fresh momentum into its future development. Driving Transformational Upgrades: Four Major Innovative Projects to Lead Future Growth, Accelerating Value Realization In the new era guided by the "15th Five-Year Plan", which emphasizes strategies such as "rejuvenating the lower-tier markets", "persistently expanding domestic demand", "optimizing and upgrading traditional industries", and "cultivating and expanding emerging and future industries", Huitongda will leverage its competitive advantage in the lower-tier markets to empower physical retail operators in urban and rural areas, supply chain partners, upstream manufacturers, and cutting-edge technology enterprises through "innovative supply chains" and "AI+", advancing its four major innovation initiatives and accelerating its transition into a new phase of value creation. First is to accelerate its development in retail chains and fast-moving consumer goods. In early 2026, Huitongda reached a strategic cooperation with the leading discount snack chain Ling Shi You Xuan (零食優選) to jointly operate its more than 2,800 stores nationwide. Going forward, Huitongda will rapidly expand its footprint through self-operation, joint ventures, mergers and acquisitions and other expansion models. By leveraging its supply chain and AI capabilities, the Company will strive to move rapidly into the industry’s leading tier, establishing presence and creating a new growth driver through hard-discount chains, bulk snack stores, community supermarkets, and convenience stores. Second is to focus on growing AI applications. Targeting the full value chain of retail operations, Huitongda will continue to strengthen its system and empowerment capabilities, focusing on "AI + Digital Intelligence + Hardware-Software Integration". On one hand, the Company will further strengthen the foundation of its vertical large model; on the other hand, it will accelerate the R&D and commercialization of AI agents, robots and other products and applications, so as to strengthen its technological entry barrier and servicing capability, and empower member stores, retail chain outlets and e-commerce merchants across multiple scenarios. Third is to build an intelligent technology services platform. Leveraging the end-to-end service capabilities for technology products developed through Huitongda's long-term and in-depth cooperation with leading brands such as Apple, along with the capabilities of its subsidiary Jujia Yuntong (居家運通), the Company is comprehensively upgrading its capabilities to build an “Intelligent Technology Product Services Platform”. The platform is expected to drive the market-oriented and scaled commercialization of cutting-edge technologies, such as embodied intelligence and brain-computer interface technologies, while providing full-cycle commercialization services for hard-tech enterprises. Fourth is to build an innovative supply chain platform centered on fast-moving consumer goods. Huitongda will continue to advance projects such as "Self-owned Brand Ecosystem Development" and "Brand Express", in an attempt to raise supply chain efficiency through centralized procurement, customization, self-owned brand development, AI, and big data applications. At the retail end, by covering various consumption touch points such as chain stores, private-domain channels and instant retail, it also aims to become an innovative supply chain service platform, serving all channels and adapting to new consumption patterns. In 2025, Huitongda has also completed the use of reserves to offset losses, clearing the obstacles for dividend distribution. In 2026, by balancing long-term development with shareholder interests, the Company will make comprehensive plans to continuously improve its return mechanism, actively sharing the development results with its shareholders through cash dividends and other means. At the same time, the Company has initiated an H-share buyback program and will strive to reward shareholders' trust by flexibly using buybacks and other tools based on prevailing market conditions. 2026 will be a critical year for Huitongda, marking its transition from strategic upgrades to value realization. Leveraging its strong position in lower-tier markets, and driven by the AI technology revolution, the transformation of new retail formats, and industrial capital, the Company will use AI to enhance operating efficiency, create industrial value through its supply chain capabilities, and unlock incremental growth through retail chains. At the same time, Huitongda will continue to advance its “Industry + Capital” strategy and pursue more high-quality M&A opportunities across retail chains, AI vertical applications, technology service platforms and innovative supply chains. Against the backdrop of deeper integration between technological and industrial innovation, improving circulation in the consumer market, and continued support for rural revitalization, Huitongda remains committed to creating sustainable long-term value for its partners and society. 31/03/2026 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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基石科技公布2025年全年業績;核心業務收益同比增長26.9%至117.8百萬港元;經調整LBITDA虧損收窄

EQS via SeaPRwire.com / 2026-03-31 / 11:22 UTC+8 核心業務收益同比增長26.9%至117.8百萬港元 收入組合優化帶動毛利率同比上升0.7個百分點,經調整LBITDA虧損收窄 財務摘要 截至12月31日止年度 2025 百萬港元 2024 百萬港元 變化 總收益 125.2 153.1 -18.2% 核心業務收益* 117.8 92.9 +26.9% 毛利 31.1 27.3 +13.9% 毛利率 (%) 24.8% 17.8% +7.0 百分點 經調整LBITDA (34.4) (41.2) -16.5% *核心業務收益包含銷售電動車充電系統、電動車充電收入及維修、租金及電動車充電諮詢收入 (香港 – 2025年3月31日)一家領先的電動車充電解決方案供應商 – 基石科技控股有限公司 (「基石科技」或「本公司」,股份代號:8391.HK,連同其附屬公司,統稱「本集團」)欣然宣佈其截至2025年12月31日止年度(「年內」)之全年業績。 2025年,受惠於政府強而有力的減碳政策、領先汽車製造商的巨額投資與積極創新,以及消費者對可持續出行方案的需求增長,全球正以前所未有的速度加快採用電動化出行解決方案。在這充滿活力而競爭激烈的環境中,基石科技不僅於年內進一步鞏固了其香港市場領先地位,同時亦在國際業務,特別是高潛力的泰國市場中,取得了長足發展。 持續優化收入組合、提升利潤率,驅動經調整LBITDA虧損收窄 憑藉其完善的充電網絡及持續增長的用戶群體,本集團的高毛利、可持續電動車充電收入年內錄得可觀增長,同比增加85.3%至44.2百萬港元(2024:23.9百萬港元),佔總收益約35.3%。然而,由於本集團逐步減少參與人手需求較大、利潤率較低的項目,來自提供安裝服務的收益同比減少87.8%至7.4百萬港元(2024:60.3百萬港元),導致年內總收益同比減少18.2%至125.2百萬港元(2024:153.1百萬港元)。若撇除來自提供安裝服務的收益計算,年內核心業務收益(即銷售電動車充電系統、電動車充電收入及維修、租金及電動車充電諮詢收入)同比增加26.9%至117.8百萬港元(2024:92.9百萬港元),可見集團成功轉型,可持續收益持續增加。 與此同時,本集團在香港以外市場亦取得了良好表現,收益同比增加69.3%至41.4百萬港元(2024:24.4百萬港元)。國外收益顯著上升充分印證了本集團在東南亞市場的戰略成效及獲客能力,不但可進一步擴大集團業務覆蓋,亦得以在香港業務以外產生額外收入,推動收入多元化發展。 隨著本集團收入組合有所改善、用戶人數增加,以及網絡使用率有所提升,年內毛利率同比大幅提升7.0個百分點至24.8%(2024:17.8%),帶動毛利同比增長13.9%至31.1百萬港元(2024:27.3百萬港元),有效對沖了收益減少的影響。配合穩健的成本管理,本集團年內虧損及經調整LBITDA均有所收窄,達115.2百萬港元(2024:虧損144.2百萬港元)及34.4百萬港元(2024:虧損41.2百萬港元)。 進一步鞏固香港領先市場地位 年內,集團持續拓展其香港公共充電業務(Cornerstone GO)。一方面,集團與比亞迪、小鵬汽車及埃安等主要汽車品牌建立戰略合作關係,成為其電動車充電解決方案的首選合作夥伴。透過與各大汽車品牌維持緊密合作,本集團得以透過為新購置電動車用戶提供捆綁式充電額度,有效提升了獲客效率及網络使用率,產生相應充電收益約5.4百萬港元。另一方面,集團亦加強與龍頭地產商的戰略聯盟,以及為合作車隊營運商提供優惠充電計劃,藉此進一步提升市場滲透率。 截至2025年12月31日,Cornerstone GO已建立覆蓋超過120個停車場的服務網絡,提供逾1,900個充電點。憑藉平台可靠的服務能力、覆蓋主要零售及商業樞紐的廣泛佈點,以及其直觀易用的行動應用程式,年內會員數量錄得強勁增長,截至年底已突破76,800名用戶,為集團經常性收入奠定了良好的增長基礎。 本集團面向住宅大廈的私人訂閱服務業務 Cornerstone HOME,其用戶基數也實現了強勁增長。截至2025年12月31日,其用戶人數達1,117名,獨家服務51個住宅停車場,各停車場整合了其專有的負載管理系統,能優化電力分配並確保電網維持穩定表現。這項技術優勢亦進一步鞏固了集團作為香港首選以及最可靠家用充電服務供應商的地位。 持續擴大泰國市場布局 年內,集團持續推動其海外發展計劃,力爭成為泰國規模最大且最便捷的公共充電網絡之一。泰國對電動車技術的接受程度普遍較高,預計至2025年底國內電動車登記數量將增至約372,000輛,惟其基礎設施仍存在巨大缺口。目前,泰國全國僅有13,000個公共充電樁,鑒於綠色轉型所帶來的市場機遇,集團在泰國的合資企業Spark EV亦積極擴展其網絡,以滿足市場需求。截至2025年12月31日,Spark EV已完成建設181座充電站,其中167座已正式投入營運。Spark EV的會員數量亦呈現指數級增長,從截至2024年12月31日的5,895名,激增至截至2025年12月31日的97,129名。為加快業務增長,集團亦致力與業界領導者如Grab、知名物流企業及主要汽車品牌建立戰略合作夥伴關係,藉此提升網路整體使用率。 從財務角度而言,儘管新啟用的充電站一般需要經歷一段成長期,以提升公眾認知並累積會員數量,才能達至理想的網絡使用率,但目前本集團在泰國的表現已遠超最初預期。超乎預期的表現亦凸顯了市場對集團基礎設施的強勁需求,反映電動車在主要市場的普及速度正迅速提升。 展望 乘全球電動車及充電解決方案的飛快發展,集團已作好準備,致力擴展現有網絡覆蓋並提升主要市場表現。在香港,集團將快速拓展Cornerstone HOME和Cornerstone GO的業務規模,透過提升經常性收入,確保現金流量和業務的長期穩定發展。 集團亦會透過進一步擴展其充電網絡,以提升獲客效率;透過與香港的ESSO加油站積極合作,在全港設置更多電動車充電站,進一步鞏固其香港領先地位。 集團也將進軍商用車充電業務,以拓展目標客戶群。隨著香港政府推行車輛零排放,以及為3,000輛電動的士及600輛電動巴士提供補貼政策,商用車充電業務正處於快速擴張階段。為捕捉相應的市場機遇,集團已深化與主要計程車協會及物流業龍頭的戰略合作,力求為本港不斷演變的交通格局提供所需動力。 為提升用戶參與度和技術效率,集團正準備推出一項全面的會員激勵計劃,鼓勵用戶頻繁充電,同時推動用戶群體增長。該計劃預期可提高充電頻率、降低維護成本,並顯著增加充電站的運作時間,有助進一步改善集團充電網路的單位經濟效益。 海外發展方面,集團將進一步擴展其泰國業務,並探索東南亞地區的新機會。除了泰國市場之外,集團亦正與印尼的Grab商議合作,為其電動車隊提供充電解決方案。集團也將積極探索馬來西亞市場機遇,以實現收入來源多元化,支持業務加速成長。 基石科技和Spark EV的行政總裁兼執行董事葉兆康先生表示:「我們對過去一年取得的顯著進展深感鼓舞,這些進展包括持續擴大的用戶基礎、日益增長的充電網絡、更廣泛的地理布局,以及對高毛利業務的愈加重視。這些舉措亦有效轉化成為Cornerstone GO與Cornerstone HOME所帶來的持續性收入貢獻,以及毛利率的顯著提升。以上財務成果亦進一步凸顯了我們商業模式的韌性與可延展性。」 「展望未來,我們將持續專注提升網絡使用率,並改善香港的單位經濟效益。我們亦致力加快在泰國以及更廣泛東南亞地區的擴張計劃。最初,我們僅以曼差石油的加油站網絡為基礎,惟現時我們的泰國業務已步入第二發展階段,將進駐更多元化的商業及住宅地點,以擴大服務範圍。我們亦在馬來西亞及印尼展開了初步接觸,期望能複製泰國的成功經驗,進一步拓展收入來源。隨著電動車普及持續加速,我們相信集團已處於有利位置,可成為電動車充電基礎設施需求日益增加的主要受益者。憑藉我們的策略性舉措及嚴謹執行計劃,我們對短期內實現盈利充滿信心。」 -完- 關於基石科技控股有限公司 基石科技控股有限公司(8391.HK)為香港領先的電動車充電解決方案供應商,致力為客戶提供一站式充電系統、充電設備及相關配件,以及充電基礎設施的諮詢、安裝、維護和租賃服務。集團在香港的核心業務分為私人住宅充電訂閱服務(Cornerstone HOME)和公共充電網絡(Cornerstone GO),後者現時已覆蓋超過118個策略性停車場,總充電點數量超過2,000個,會員人數亦突破84,000名用戶。集團亦致力捕捉香港以外的市場機遇,以Spark EV品牌進軍泰國市場,同時積極探索馬來西亞和印尼等高潛力市場。 此新聞稿由金通策略有限公司代基石科技控股有限公司發布。 如有查詢,請聯絡: DLK Advisory 電話:+852 2857 7101 傳真:+852 2857 7103 2026-03-31 此財經新聞稿由EQS via SeaPRwire.com轉載。本公告內容由發行人全權負責。瀏覽原文: http://www.todayir.com/tc/index.php
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Cornerstone Technologies Announces 2025 Annual Results; Core Revenue Increased 26.9% yoy to HK$117.8 million; Narrowing Adjusted LBITDA

EQS via SeaPRwire.com / 31/03/2026 / 11:22 UTC+8 Core Revenue Increased 26.9% yoy to HK$117.8 million Narrowing Adjusted LBITDA Supported by Improving Revenue Mix and Rising Gross Profit Margin of 7.0p.p. yoy Financial Highlights For the year ended 31 December 2025 HK$ million 2024 HK$ million Change Total Revenue 125.2 153.1 -18.2% Core Revenue* 117.8 92.9 +26.9% Gross Profit 31.1 27.3 +13.9% Gross Profit Margin (%) 24.8% 17.8% +7.0 p.p. Adjusted LBITDA (34.4) (41.2) -16.5% *Core revenue includes revenue from sales of electric vehicle charging systems, electric vehicles charging income, and maintenance, rental, and EV charging consultancy income (Hong Kong – 31 March 2026) A leading electric vehicle (“EV”) charging solutions provider – Cornerstone Technologies Holdings Limited (“Cornerstone” or the “Company”, stock code: 8391.HK, together with its subsidiaries, collectively the “Group”) is pleased to announce its audited financial results for the year ended 31 December 2025 (the “Year”). In 2025, the global shift toward electric mobility was accelerating at an unprecedented pace, driven by robust government policies promoting decarbonization, significant investment and innovation from leading automakers, and growing demand for sustainable transportation solutions. In this dynamic and competitive environment, Cornerstone has not only solidified its leadership in Hong Kong, but also made substantial progress in its international expansion strategy, especially in the high-potential Thailand market. Improving Revenue Mix, Expanding Margins, and Shrinking Adjusted LBITDA Leveraging its expansive charging network and growing user base, the Group recorded a notable increase in recurring revenue from its high-margin electric vehicles charging income, rising 85.3% year-on-year (“yoy”) to HK$44.2 million (2024: HK$23.9 million), accounting for approximately 35.3% of total revenue. As the Group continued to pivot away from labour-intensive, lower-margin projects, revenue from the provision of installation services saw a significant drop of 87.8% yoy to HK$7.4 million (2024: HK$60.3 million), dragging total revenue to decrease by a 18.2% yoy to HK$125.2 million (2024: HK$153.1 million). However, excluding the revenue contribution from the provision of installation services, core revenue (sales of electric vehicle charging systems, electric vehicles charging income, and maintenance, rental, and EV charging consultancy income) increased by 26.9% yoy to HK$117.8 million (2024: HK$92.9 million), highlighting its successful business transformation with growing recurring revenue performance. Revenue generated from markets outside of Hong Kong also experienced robust growth, surging by 69.3% to reach HK$41.4 million (up from HK$24.4 million in 2024). This significant upward trajectory directly reflects the successful execution of the Company’s strategic expansion into Southeast Asia. The accelerated growth in these new markets not only validates regional scaling initiative but also demonstrates growing ability to capture market share and diversify revenue streams beyond domestic base. Benefitted from the improving revenue mix, expanding user base, and higher charger utilization, the Group recorded a significant improvement in gross profit margin by 7.0 percentage points (“p.p.”) to 24.8% (2024: 17.8%), leading to an increase in gross profit of 13.9% yoy to HK$31.1 million (2024: HK$27.3 million), despite the decrease in total revenue. Along with stabilizing cost performance, the Group recorded a narrowing loss and a shrinking adjusted LBITDA for the Year of HK$115.2 million (2024: a loss of HK$144.2 million) and HK$34.4 million (2024: HK$41.2 million), respectively. Strengthening Leading Market Position in Hong Kong During the Year, the Group continued to expand its public charging business (Cornerstone GO) in Hong Kong. On the one hand, the Group entered into strategic collaborations with major automotive brands, including BYD, Xpeng, and Aion, becoming their preferred partner for EV charging solutions. By working closely with major car brands and offering charging credit bundles with new EV purchases, the Group has successfully boosted user acquisition and network utilization, with HK$5.4 million of charging credits sold in 2025. On the other hand, the Group also strengthened its strategic alliances with leading property developers and introduced preferential charging programs for partnered fleet operators to further drive penetration. As a result, as of 31 December 2025, Cornerstone GO has established a service network covering over 120 strategically located parking facilities with over 1,900 charging spots. Supported by the platform’s reliability, extensive coverage across key retail and commercial hubs, and its intuitive mobile app, membership growth remained robust, surpassing 76,800 users by year-end, laying a solid foundation for recurring revenue growth. Meanwhile, Cornerstone HOME, the Group's private service subscription business for resident buildings, also saw strong growth in its user base, reaching 1,117 subscribers by 31 December 2025. It has expanded its exclusive coverage to 51 residential car parks, incorporating its proprietary load-management system to optimize power distribution and ensure grid stability. This technological advantage reinforces its position as Hong Kong’s most trusted and preferred provider of home charging solutions. Growing Traction in the Thailand Market During the Year, the Group continued to advance its plan to become one of Thailand’s largest and most accessible public charging networks. While Thailand has shown exceptional receptivity to EV technology – reaching approximately 372,000 registrations by the end of 2025 – a significant infrastructure gap persists. With only 13,000 public chargers nationwide, the Group’s joint venture in Thailand, Spark EV, is seeing notable opportunities in the country's green transition, and is aggressively expanding its network to bridge this divide. As of 31 December 2025, Spark EV has completed construction of 181 charging stations, with 167 stations in operation. Membership in Spark also experienced exponential growth, surging from 5,895 as at 31 December 2024 to 97,129 as at 31 December 2025. To further accelerate growth, the Group has established key strategic partnerships with industry leaders, such as Grab, prominent logistics firms, and major automotive brands, all of which support high utilization across its network. Financially, although utilization rates for newly commissioned stations typically require a ramp-up period to build public awareness and membership growth, current performance has already significantly exceeded initial projections. The stronger-than-expected engagement underscores the robust demand for the Group’s infrastructure, reflecting the rapid adoption of EV charging solutions across its key markets. Outlook Riding on the momentum of the global EV and EV charging development, the Group is poised to expand its market presence and gain further market share in key markets. In Hong Kong, the Group will rapidly scale Cornerstone HOME and Cornerstone GO, boosting recurring income performance to ensure cash flow and long-term business sustainability. The Group will further strengthen its leading position in Hong Kong by expanding its charging network to support higher customer conversion, including active collaboration with ESSO oil and gas stations to build more EV charging stations across the city. The Group will also tap into commercial vehicle charging to expand its addressable market. Supported by the Hong Kong Government’s roadmap for zero vehicular emissions and subsidies for the deployment of 3,000 electric taxis and 600 electric buses, the sector is positioned for rapid growth. To capture these evolving opportunities, the Group has deepened its strategic collaborations with prominent taxi associations and logistics leaders, establishing itself as the ideal partner to power the city’s evolving transport landscape. To enhance user engagement and technology efficiency, the Group is preparing to launch a comprehensive loyalty program to incentivize frequent charging and reward its growing user community. This is expected to increase charging frequency, lower maintenance costs, and significantly raise station uptime, further improving the unit economics of the Group’s charging network. Regarding its overseas development, the Group will further strengthen its presence in Thailand and explore new opportunities across Southeast Asia. In addition to Thailand, the Group is finalizing a collaboration with Grab in Indonesia to provide charging solutions for its electric fleet. The Group is also actively exploring the Malaysian market, aiming to diversify its revenue mix and support accelerating growth. Mr. Yip Shiu Hong, Chief Executive Officer and Executive Director of Cornerstone Technologies, said, “We are encouraged by the notable progress over the past year, marked by a steadily expanding user base, a growing charging network, a broader geographical footprint, and an increasing emphasis on high-margin business. These advancements have translated into growing recurring income contributions from our Cornerstone GO and Cornerstone HOME, as well as a significant improvement in our gross profit margin, which underscores the strength and scalability of our business model.” “Looking ahead, we remain focused on driving higher network utilization and enhancing the unit economics in Hong Kong. We are also dedicated to accelerating our expansion across Thailand and the wider Southeast Asia region. Originally built around BCP’s network of gas stations, we are now planning a phase 2 expansion for our Thailand operations, tapping into diverse commercial and residential locations to further broaden our footprint. We have also made initial contacts in Malaysia and Indonesia, looking to replicate our success in Thailand to further expand our revenue streams. As electric vehicle adoption continues to gain momentum, we believe we are well-positioned to be a key beneficiary of the increasing demand for EV charging infrastructure. Through strategic initiatives and disciplined execution, we have strong confidence to deliver profitability in the short-term future.” -End- About Cornerstone Technologies Cornerstone Technologies Holdings Limited (8391.HK) is a leading provider of electric vehicle (EV) charging solutions in Hong Kong, offering integrated charging systems, charging equipment, and related accessories, as well as consultancy, installation, maintenance, and leasing services for charging infrastructure. In Hong Kong, its comprehensive solutions include private residential charging subscription services (Cornerstone HOME) and public charging networks (Cornerstone GO), with the latter already in operation across 118 strategic car parks, totaling over 2,000 charging points and more than 84,000 members. The Company is also expanding beyond the Hong Kong market, entering Thailand under the brand name of Spark EV, and actively exploring high-potential markets such as Malaysia and Indonesia. This press release is issued by DLK Advisory Limited on behalf of Cornerstone Technologies Holdings Limited. For enquiries, please contact: DLK Advisory Tel:+852 2857 7101 Fex:+852 2857 7103 31/03/2026 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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Wuling Motors (00305.HK) Reports 56% Surge in Profit in 2025, Driven by Steady Auto Parts Growth and Emerging Momentum in Autonomous Vehicles

EQS via SeaPRwire.com / 31/03/2026 / 09:31 UTC+8 According to Zhitong Finance App, despite mounting challenges in 2025, including aggressive price cuts by Chinese OEMs and intensifying competition, Wuling Motors (00305.HK) delivered a resilient performance underpinned by a diversified business portfolio and effective strategy execution. During the reporting period, Wuling Motors (the Group) recorded a total revenue of RMB 8.25 billion, representing a year-on-year increase of 3.8%. Its net profit reached RMB 172 million, up 54.3% year-on-year, while the profit attributable to shareholders amounted to RMB 78.99 million, marking a year-on-year increase of 56.0% and suggesting a notable improvement in overall profitability. As the Group’s “anchor” business, the automotive parts segment achieved a full-year revenue of RMB 5.788 billion, representing a year-on-year increase of 6.0%. The operating profit from this segment rose to RMB 185 million, up 20.3% year-on-year. Within its existing business foundation, the Group continued to expand new business with core customers including SGMW, Chery and Great Wall Motors, and secured 61 product supply orders across multiple key models of SGMW. For incremental markets, the Group successfully entered the supply chain systems of eight OEMs, including Seres AITO, SAIC Maxus and GAC Group, while actively engaging with emerging players such as Xpeng and Xiaomi on technical solution development. Meanwhile, the automotive power supply system segment turned profitable, delivering a full-year revenue of RMB 1.815 billion, representing a year-on-year increase of 4.5%. The Group continued to optimize its manufacturing footprint, strategically adding two production bases (Rizhao and Wuxi) in China, while advancing the preparation of its Vietnam facility to accelerate penetration into overseas markets, including Southeast Asia. In the high-end sector, the Group’s self-developed products, such as the 194-platform three-in-one electric drive axle and the high-power coaxial axle, achieved meaningful reductions in both cost and weight through highly integrated design. With industry leading NVH performance, these products have been supplied to OEMs including Great Wall Motors, JAC and Changan Kaicheng. Beyond the steady growth of its core businesses, Wuling Motors is accelerating its expansion into high-potential emerging segments. The unmanned logistics industry is currently transitioning from technical validation to large-scale commercialization, while facing challenges related to mass production capabilities and increasingly stringent regulatory requirements. These challenges underscore the Group’s core competitive strengths. The Group holds a market share exceeding 50% in key chassis components such as drive axles for urban logistics vehicles. Leveraging years of experience supplying urban and inter-city commercial vehicles, the Group has established mature technical pathways, sufficient production capacity and effective cost control that meet the cost reduction demands of logistics operators. In addition, the Group has comprehensive automotive-grade R&D and system integration capabilities. Building on its deep technical expertise and market insight, Wuling Motors established Yuancore Drive in November 2025, focusing on the R&D, production and system integration of drive-by-wire chassis and low-speed intelligent autonomous vehicles. A series of products has since been developed, and a strategic cooperation agreement has been signed with Desay Battery to accelerate commercialization. By further strengthening its traditional businesses while deepening its presence in emerging segments, Wuling Motors has established a clear growth matrix guided by its diversification strategy. As the automotive industry undergoes rapid transformation, the Group is charting a distinctive upgrade path, supported by its technological capabilities and manufacturing strengths. 31/03/2026 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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SeaPRwire 鞏固香港及大中華區網路

EQS via SeaPRwire.com / 2026-03-30 / 10:24 UTC+8 Hong Kong - 2026年3月30日 - (SeaPRwire) - 在複雜多變的全球經貿環境中,香港作為國際金融中心的地位依然舉足輕重。為了幫助企業更有效地連接全球資本、傳遞品牌價值,知名媒體服務商 SeaPRwire (https://seaprwire.com)今日宣佈,已進一步鞏固並擴建了其在香港及大中華區的媒體發佈網路。這一戰略舉措將顯著提升企業在該區域的財經公關效率與品牌曝光深度。 大中華區尤其是香港市場,彙聚了全球頂尖的投資機構、分析師與財經媒體。SeaPRwire 此次的網路鞏固,重點在於打通“從資訊發佈到資本關注”的快速通道。平臺不僅加強了與香港本地主流中英文財經報紙、雜誌及高流量財經門戶的合作,還深度整合了輻射整個大中華區的專業金融資訊終端。這意味著,企業發佈的財報、融資資訊或重大戰略調整,能夠以極高的優先順序推送到專業投資人的案頭。 此外,針對大中華區日益蓬勃的科技創新與新消費浪潮,SeaPRwire 同步擴充了科技、創投、時尚、健康等多個垂直領域的媒體矩陣。無論是在香港尋求上市聲量的獨角獸企業,還是希望在內地及大灣區拓展業務的跨國品牌,都能通過 SeaPRwire 定制化的發佈鏈路,實現對目標受眾的精准穿透。 SeaPRwire 的大中華區負責人指出:“香港不僅是一個發佈窗口,更是全球資本透視中國、中國企業走向世界的重要橋樑。我們通過鞏固這一核心網路,旨在為客戶提供更具確定性的傳播結果。用權威的媒體背書和廣泛的管道覆蓋,為企業在大中華區的商業航行保駕護航。” 關於SeaPRwire SeaPRwire 是亞洲領先的 AI 驅動型贏取媒體(Earned Media)傳播管理平臺,專為公關及傳播專業人士打造。通過其旗艦專案 Branding-Insight,平臺無縫連接超過 8 萬名記者、編輯,以及坐擁 3 億粉絲的 KOL 矩陣。借助先進的 AI 技術,SeaPRwire 幫助用戶精准鎖定媒體目標、定制個性化推介,並全面衡量亞太核心市場(包括日、韓、中及東南亞)的公關傳播效果。 媒體聯絡 公司: SeaPRwire 聯絡: Media team 郵箱: cs@seaprwire.com 網站: https://seaprwire.com 2026-03-30 此財經新聞稿由EQS via SeaPRwire.com轉載。本公告內容由發行人全權負責。瀏覽原文: http://www.todayir.com/tc/index.php
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SeaPRwire Consolidates Hong Kong and Greater China Networks

EQS via SeaPRwire.com / 30/03/2026 / 10:24 UTC+8 Hong Kong - March 30, 2026 - (SeaPRwire) - In the complex and ever-changing global economic and trade environment, Hong Kong's status as an international financial center remains pivotal. To help enterprises more effectively connect with global capital and convey brand value, renowned media service provider SeaPRwire (https://seaprwire.com) announced today that it has further consolidated and expanded its media distribution network in Hong Kong and the Greater China region. This strategic move will significantly enhance corporate financial PR efficiency and the depth of brand exposure in this region. The Greater China region, particularly the Hong Kong market, gathers top-tier global investment institutions, analysts, and financial media. SeaPRwire's network consolidation this time focuses on opening up a fast track "from information release to capital attention." The platform not only strengthened cooperation with local mainstream Chinese and English financial newspapers, magazines, and high-traffic financial portals in Hong Kong but also deeply integrated professional financial information terminals radiating across the Greater China region. This means that corporate financial reports, financing information, or major strategic adjustments released by enterprises can be pushed to the desks of professional investors with extremely high priority. Furthermore, targeting the increasingly booming technological innovation and new consumption waves in the Greater China region, SeaPRwire simultaneously expanded its media matrix across multiple vertical fields such as technology, venture capital, fashion, and health. Whether it is a unicorn enterprise seeking listing voice in Hong Kong or a multinational brand hoping to expand business in the mainland and the Greater Bay Area, all can achieve precise penetration of target audiences through SeaPRwire's customized distribution links. "Hong Kong is not just a distribution window; it is a vital bridge for global capital to perceive China and for Chinese enterprises to go global," pointed out SeaPRwire's head of Greater China. "By consolidating this core network, we aim to provide clients with more deterministic communication results, leveraging authoritative media endorsements and extensive channel coverage to escort enterprises' business voyages in the Greater China region." About SeaPRwire SeaPRwire is Asia’s leading AI-driven earned media management platform, purpose-built to empower PR and communications professionals. Through its flagship Branding-Insight Program, the platform connects clients to over 80,000 journalists and an influencer matrix reaching 300 million followers. Leveraging advanced AI, SeaPRwire helps users identify media targets, personalize pitches, and measure PR impact across key APAC markets, including Japan, China, Korea, and Southeast Asia. Media Contact Company: SeaPRwire Contact: Media Relations Team Email: cs@seaprwire.com Website: https://seaprwire.com 30/03/2026 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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中國心連心公佈2025年度業績 持續深化降本增效、差異化競爭優勢,推進營銷轉型戰略

EQS via SeaPRwire.com / 2026-03-29 / 16:03 UTC+8 新聞稿 (請即時發送) 中國心連心公佈2025年度業績 持續深化降本增效、差異化競爭優勢,推進營銷轉型戰略 2025年度業績重點: 扣非後歸屬於母公司擁有人淨利潤同比上升1.2%至約人民幣9.32億元。 每股派息增加23.1%至人民幤32分。 長短期借款比例由期初的6:4優化至期末的8:2,財務成本同比下降3%,資金流動性與結構合理性進一步提升。 新鄉基地化工新材料項目及准東基地發展按計劃推進,預計五大生產基地產能全面釋放後,本集團的化肥市佔率將提升6個百分點。 (2026年3月29日,香港)中國心連心化肥有限公司(「中國心連心」或「本公司」,連同其附屬公司合稱「集團」)(股份代號:01866.HK)宣佈,截至2025年12月31日止年度,集團實現收入約253.52億元(人民幣,下同),同比增長9.6%;期內歸屬於母公司擁有人淨利潤約9.32億元,同比下跌36.1%,若扣除非經常性損益的淨利潤則同比上升1.2%。 為回饋股東的長期支持,向資本市場傳遞積極正向的發展信號,董事會在綜合考慮本集團實際經營情況與未來戰略規劃後,建議派發末期股息每股人民幣32分,同比增加23.1%。 回顧期內,國內煤化工相關行業產能過剩,產品價格承壓下行,抑制行業整體業績增長。本集團堅持「低成本+差異化」的核心盈利模式,以「項目建設」與「營銷轉型」兩大核心抓手,持續深化降本增效、差異化競爭優勢,推進營銷轉型戰略,保障整體經營質量穩健運行。 回顧期內,尿素銷售收入約68.27億元,同比減少6%。受原料價格下行影響,第一季尿素價格低迷,導致全年平均售價同比下跌10%,但隨著出口寬鬆政策的拉動,以及冬儲需求的釋放,尿素價格逐季呈回升態勢,尤其是第四季度回升明顯,環比增長3%。為緩解價格下行帶來的不利影響,本集團充分抓住出口窗口期,拓展海外訂單,重點提升對東南亞出口佔比,推動出口量大幅增長,全年尿素銷售量同比上升3%。 期內複合肥銷售收入約69.21億元,同比上升15%。在價格傳導錯位的市場環境下,本集團依託小微基地全國佈局的優勢,持續加快營銷轉型,強化農化服務建設,推動複合肥銷量同比增長19%。另一方面,受國家保價穩供政策調控影響,原料成本向產品端的傳導滯後,形成階段性「成本上行、售價下滑」的經營壓力,加上終端農戶備肥週期延後,導致複合肥平均售價同比下降3%。 期內甲醇銷售收入約36.65億元,同比大幅上升37%。國內經濟穩步復甦,化工行業開工率有所提升,甲醇下游需求逐步改善,本集團通過甲醇自產和貿易業務的協同發展,帶動銷量同大幅上升43%。另一方面,受地緣政治影響,中東地區甲醇進口量創下歷史新高,市場供應整體寬鬆,甲醇平均售價同比下降4%。 隨著九江二期項目的順利投運,低成本優質產能進一步釋放,為集團大項目建設及產能優化佈局樹立標桿。新鄉基地化工新材料項目及准東新基地均按計劃推進,預計五大生產基地產能全面釋放後,本集團的化肥市佔率將提升6個百分點。同時,本集團以合成氨大基地為核心,在全國範圍內佈局多個複合肥小微基地,依託臨近終端市場的區位優勢,進一步構建覆蓋全國的營銷網絡。 在確保財務安全與穩健經營的前提下,本集團圍繞未來三年發展戰略,平穩、有序推進規模化發展與項目建設,新項目與新基地的投入同比增加約24%。同時,本集團持續優化貸款結構,通過中長期低成本融資,強化資金穩定性,保障項目有序推進。 本集團持續優化借款結構,拓展中長期融資,長短期借款比例由期初的6:4優化至期末的8:2,資金流動性與結構合理性進一步提升。期內本集團完成高息貸款置換規模約92.4億元,其中前期高息融資租賃貸款已全部置換完畢,帶動利率節降0.5個百分點。在支撐集團戰略落地、增加資金儲備的背景下,本集團的財務成本同比仍實現3%降幅。 展望2026年,中國心連心董事會主席劉興旭先生表示:今年國內尿素市場整體呈「供應寬鬆、需求穩定、出口調控」的發展態勢,儘管行業供應壓力仍然存在,但在國家保障糧食生產的政策導向下,有效耕地面積持續擴大,農業需求具備潛在增長空間。同時,國家有望繼續放寬出口政策,甚至不排除提升出口規模,以進一步優化市場供需格局,推動尿素供需平衡實現階段性改善。總體來看,預計全年化肥價格將保持平穩運行,其中,上半年受農需旺季等因素影響,或將穩中有升。 在項目建設方面,本集團位於新鄉基地的化工新材料一期57萬噸合成氨項目已順利進入試生產階段,目前各項指標運行良好,該項目通過對關鍵設備實施節能改造、生產工藝升級優化,其生產成本較集團現有生產線預計降低約8%。同時,位於准東基地的一期項目正按計劃穩步推進,預計於今年年底順利投運,該項目依託當地原料資源稟賦,具備顯著的原料低成本優勢。項目投運後,本集團低成本產能規模與裝置能耗水平將達到行業領先,為集團後續規模化發展,提升市場競爭力奠定基礎。 ~ 完 ~ 關於中國心連心化肥有限公司 中國心連心化肥有限公司為中國最具規模優勢和成本效益的煤基尿素生產商之一,主要從事尿素、複合肥、甲醇、二甲醚、三聚氰胺、糠醇、糠醛、2-甲基呋喃和醫藥中間體等相關差異化產品的研發、生產與銷售。集團堅持「總成本領先、差異化競爭」的發展策略,做大做強化肥主業,依託新鄉、新疆、江西等地區資源,向上遊新能源、新材料等產品鏈延伸,向煤化工相關多元化方向發展。中國心連心股份在香港交易所主板上市,股份編號:01866.HK。 投資者及媒體查詢 中國心連心化肥有限公司 桂琳 電話:86-135 6942 3415 電郵:lin.gui@chinaxlx.com.hk 中國公關顧問有限公司 蕭偉成 / 郭麗君 電話:852-2522 1368 / 852-2522 1838 電郵:dshiu@prchina.com.hk lguo@prchina.com.hk 2026-03-29 此財經新聞稿由EQS via SeaPRwire.com轉載。本公告內容由發行人全權負責。瀏覽原文: http://www.todayir.com/tc/index.php
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China XLX Announces 2025 Annual Results Deepening efforts in reducing costs, enhancing efficiency, strengthening competitiveness through differentiation and driving marketing transformation

EQS via SeaPRwire.com / 29/03/2026 / 16:03 UTC+8 Press Release (For immediate release) China XLX Announces 2025 Annual Results Deepening efforts in reducing costs, enhancing efficiency, strengthening competitiveness through differentiation and driving marketing transformation 2025 Annual Results Highlights: Profit attributable to owners of the parent after deducting non-recurring items grew by 1.2% YoY to approximately RMB 932 million. Dividend payment increased by 23.1% YoY to RMB 32 fen per share. The ratio of long-term to short-term borrowings improved from 6:4 at the beginning of the year to 8:2 at the year end with finance cost dropped by 3% YoY. The Group’s liquidity and capital structure was thus further optimized. Development of the Xinxiang New Chemical Materials Project and the Zhundong Production Base progressed smoothly. The Group’s share in domestic fertiliser market is expected to grow by 6 percentage points upon the full operation of five production bases. (29 March 2026, Hong Kong) China XLX Fertiliser Ltd. (“China XLX” or the “Company”, together with its subsidiaries collectively referred to as the “Group”) (stock code: 01866.HK) announced that the Group’s revenue for the year ended 31 December 2025 grew by 9.6% year-on-year to approximately RMB 25.35 billion. Profit attributable to owners of the parent for the period amounted to approximately RMB 932 million, down by 36.1% year-on-year and up by 1.2% year-on-year if non-recurring items were deducted. In order to reward shareholders for their long-term support and to send a positive signal to the capital market, the Board of Directors, after comprehensive consideration of the Group’s actual operating performance and future strategic plans, proposed to distribute a final dividend of RMB 32 fen per share, up by 23.1% year-on-year. During the review period, the supply glut of domestic coal chemical-related market dragged down the selling prices of products and weighed on the industry’s overall operating results. The Group adhered to the core profitability model of “low cost + differentiation” and focused on “project development” and “marketing transformation”. While making continuous efforts in reducing costs and increasing efficiency, it reinforced the competitive edges through differentiation and advanced the strategy of marketing transformation, thereby ensuring the stable operation of overall business. During the review period, revenue from urea sales reached approximately RMB 6.83 billion, down by 6% year-on-year. Due to the decline in feedstock prices, urea selling price was sluggish in the first quarter and led to a 10% year-on-year decrease in the average selling price for the year. On the other hand, driven by relaxed export controls and the unleashing of demand for winter stockpiling, urea prices rebounded quarter by quarter afterwards. It is noteworthy that the selling price in the fourth quarter climbed by 3% from previous quarter. In order to mitigate the adverse impacts of declining prices, the Group fully capitalized on the opening of export window to expand overseas sales with a primary focus on increasing the proportion of exports to Southeast Asia. As a result, the urea export volume substantially grew, leading to a 3% year-on-year increase in urea sales volume for the year. Revenue from compound fertiliser sales amounted to approximately RMB 6.92 billion in the year, up by 15% year-on-year. In a market environment characterized by misalignment in price transmission, the Group leveraged its nationwide network of small-scale production bases to accelerate marketing transformation and to strengthen agrochemical services, resulting in a 19% year-on-year increase in the sales volume of compound fertiliser. Nevertheless, owing to the national policies to stabilize selling prices and supply, the transmission of feedstock costs to the product prices was delayed, creating a temporary operational pressure arising from “lower prices amid rising costs”. Besides, farmers delayed fertiliser stockpiling, leading to a 3% year-on-year decrease in the average selling price of compound fertiliser. Revenue from methanol sales in the year surged by 37% year-on-year to approximately RMB 3.67 billion. As domestic economy steadily picked up and the capacity utilization of chemical sector improved, the downstream demand for methanol gradually recovered. As a result, the sales volume of methanol jumped by 43% from the previous year. On the other hand, methanol imports from the Middle East climbed to a record high due to geopolitical tensions. The average selling price of methanol hence dropped by 4% year-on-year on ample supply in the market. With the successful commissioning of Jiujiang Phase II Project, the Group possessed more low-cost, high-quality production capacity. It became a benchmark for the Group’s development of large-scale project and capacity optimization plan. Meanwhile, the construction of the new chemical materials project at the Xinxiang Production Base and the Zhundong Production Base progressed as planned. When all of five major production bases come on stream, the Group’s share in domestic fertiliser market is expected to increase by 6 percentage points. Leveraging its large-scale synthetic ammonia production bases, the Group had established multiple small-scale compound fertiliser bases across the country. Benefiting from their proximity to end-user markets, the Group further strengthened the nationwide marketing network. In order to safeguard the financial security and ensure its stable operation, the Group promoted steady and orderly development of large-scale production bases and projects in accordance with the development strategy for next three years, with investment in new projects and new production bases increasing by approximately 24% year-on-year. At the same time, the Group continued to optimize the debt structure, strengthening its financial stability and ensuring the orderly development of projects through medium- and long-term low-cost financings. The Group further optimized the borrowing structure through the expansion of medium- and long-term financings. As a result, the ratio of long-term to short-term borrowings improved from 6:4 at the beginning of the year to 8:2 at the year end, thus further enhancing its liquidity and capital structure. During the period, the Group completed the replacement of high-interest loans worth approximately RMB 9.24 billion, including all prior high-interest financial lease loans. The borrowing interest rate thus reduced by 0.5 percentage point. While the Group continued to proceed with its development strategy and to increase the cash resources, its finance costs still dropped by 3% year-on-year. Looking ahead into 2026, Mr. Liu Xingxu, Chairman of China XLX, said: The general trend of domestic urea market for the year will see “ample supply, stable demand and export controls”. Despite the persistence of supply glut, the arable land area is expected to further expand under the support of national policy to ensure grain production. Therefore, agricultural demand is likely to grow. At the same time, the government is expected to further relax export controls and it cannot be ruled out that the export volume will be increased to optimize the demand and supply condition in the market. The imbalance condition of the urea market will see phasal improvement. All in all, the urea price for this year will remain stable, and the selling price is expected to grow steadily in the first half amid robust agricultural demand for farming peak season. Regarding project development, the trial run of the synthetic ammonia production facility at the Xinxiang New Chemical Materials Phase I Project (with capacity of 570,000 tons) goes smoothly. Most of its indicators perform well. Through energy-saving renovation of key equipment and optimization of production process, the project's production costs are expected to decrease by approximately 8% when compared with the Group's existing production facilities. Meanwhile, the development of the Zhundong Production Base Phase I is progressing steadily as planned and it is expected to be put into operation by the end of this year. With an access to local feedstocks, this project will enjoy significant benefits from low-cost feedstocks. Upon the commencement of its operation, the Group will reinforce the market leadership in terms of production capacity and energy efficiency, thereby laying a solid foundation for it to implement large-scale expansion and enhance its market competitiveness in the future. ~ END ~ About China XLX Fertiliser Ltd. China XLX Fertiliser Ltd. is one of the largest and most cost-efficient coal-based urea producers in China. It is principally engaged in developing, manufacturing and selling of urea, compound fertiliser, methanol, dimethyl ether, melamine, furfuryl alcohol, furfural, 2-methylfuran, pharmaceutical intermediates and related differentiated products. The Group adheres to the development strategy of “maintaining overall cost leadership and creating competitive differentiation" while strengthening the core fertiliser operations. With support of the resources in Xinxiang, Xinjiang and Jiangxi, it extends the value chain to upstream new energy and new materials and diversifies into coal chemical related products. The Company’s shares (stock code: 01866.HK) are traded on the main board of the Hong Kong Stock Exchange. Investor and Media Enquiries China XLX Fertiliser Ltd. Gui Lin Tel: 86-135-6942-3415 Email: gui.lin@chinaxlx.com.hk PRChina Limited David Shiu / Liky Guo Tel: 852-2522 1368 / 852-2522 1838 Email: dshiu@prchina.com.hk lguo@prchina.com.hk 29/03/2026 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 Industrial (1710) 2025 Recorded Revenue at approximately HK$775.3 million; Continues to implement Dual‑engine Strategy of Electronic Manufacturing Services and New Energy Businesses

EQS Newswire / 27/03/2026 / 23:12 UTC+8 【For Immediate release】 Trio Industrial Electronics Group Limited (Stock Code: 1710.HK) Announces 2025 Annual Results* * * Recorded Revenue at approximately HK$775.3 million Continues to implement Dual‑engine Strategy of Electronic Manufacturing Services and New Energy Businesses to Build a “Greater Asia New Energy Business Network” (Hong Kong – 27 March 2026) Trio Industrial Electronics Group Limited (“Trio Industrial” or the “Group”; stock code: 1710), a leading manufacturer and distributor of advanced industrial electronic components and products in Hong Kong, today announced the annual results of the Company and its subsidiaries (the “Group”) for the year ended 31 December 2025 (the “Year”). During the Year, the overall operating environment remained challenging. Europe and North America continued to be the Group’s major markets, where operating conditions were affected by relatively tight interest rate conditions, ongoing geopolitical tensions and the implementation of the revised tariff policy in the United States. In response, many customers adopted a more prudent procurement approach, focusing on inventory management and adjusting their purchasing strategies, which led to weaker demand during the Year. As a result, the Group’s revenue for the financial year 2025 decreased by approximately 23.1% year‑on‑year to approximately HK$775.3 million. Nevertheless, the Group maintained stringent cost control and optimised its staffing and labour structure, resulting in a decrease in overall administrative expenses compared with last year. Overall, the Group recorded a gross profit of approximately HK$139.6 million for the financial year 2025, representing a decrease of approximately 25.5% compared with the previous year, while gross profit margin decreased by 0.6 percentage points from 18.6% to 18.0%. The Group recorded a loss attributable to owners of the Company of approximately HK$35.4 million for the Year. The Group maintained a healthy financial position, with cash and cash equivalents (including restricted bank deposits) of approximately HK$140.5 million and a net cash position (cash and cash equivalents less borrowings). The current ratio was approximately 2.7 times, similar to that as at 30 June 2025 and 31 December 2024. To navigate the complex and evolving global market environment, Trio Industrial is accelerating the implementation of its joint design manufacturing strategy, deepening cooperation with key customers and enhancing value‑add and profit potential from the product design stage, while strengthening long‑term customer relationships. In line with this direction, the Group is actively recruiting professionals who possess both technical expertise and market insights to enhance its global sales and engineering teams, further expand market coverage and support future business growth. In terms of global manufacturing network, the Group’s Thailand production facility serves as a strategic export base for the United States of America and Southeast Asian markets, providing greater flexibility in addressing geopolitical developments and tariff barriers. The Group’s manufacturing facility in the United Kingdom commenced operation in the second quarter of 2025 to serve local customers in Europe and strengthen supply chain security. The Group is also establishing a new manufacturing facility in the United States of America, which is expected to commence operation in the second half of 2026. With a manufacturing network spanning the PRC, Thailand, the United Kingdom and the upcoming facility in the United States of America, the Group is able to offer global customers diversified regional supply assurance and flexibility in response to geopolitical changes and the reshaping of trade patterns. This network not only enhances supply chain resilience, but also underscores the Group’s competitive advantage of “global manufacturing, local services”. In the new energy sector, while optimising the operations of its electronic manufacturing services business, the Group has continued to expand its business from electric vehicle charging manufacturing and charging station operation to include energy storage and distributed energy applications, thereby building an integrated “charging–storage–energy services” business model and further consolidating its position along the new energy value chain. Leveraging the “Belt and Road” Initiative, the Group has established first‑mover platforms in Central Asia and Southeast Asia and is advancing distributed energy storage and e‑mobility projects with regional demonstration effects, injecting new momentum into its medium‑ to long‑term growth. In Kazakhstan, the Group has partnered with Sinooil (a subsidiary of China National Petroleum Corporation) to deploy electric vehicle charging infrastructure and digital advertising facilities at approximately 140 Sinooil petrol stations across the country, creating a scalable platform for the Group’s integrated energy and media business. The Group has established four EV charging stations in Kazakhstan, one of which adopts a “solar‑storage‑charging” configuration, integrating Deltrix EV charging infrastructure, energy storage systems, digital advertising kiosks and intelligent car‑wash facilities. While providing EV charging services, these sites also create a comprehensive ecosystem that combines energy services, digital advertising, automatic car‑wash facilities and convenience retail. This integrated advertising platform is also designed to support Chinese enterprises in expanding into Central Asia and to strengthen the Group’s presence in the regional outdoor media market. Building on this strategic platform in Central Asia, the Group is also expanding its new energy business in Southeast Asia, with the Philippines as the first market in the region. The Group is rolling out Deltrix‑branded electric motorcycles and battery‑swapping projects, offering an integrated “vehicle–battery–cabinet” solution for e‑mobility, which is a typical distributed energy storage application. At the same time, the Group is developing other distributed energy storage solutions for residential, commercial and industrial applications, further broadening its portfolio of new energy products and services in the region. Mr. Cecil Wong, the Chairman of Trio Industrial Electronics Group Limited said, “Despite the continued challenges in the global economic environment, we remain confident in the long‑term trends of industrial electrification, sustainable energy and intelligent development. The Group’s strength lies in combining its expertise in electronic manufacturing with new energy technologies, and in driving business development through a multi‑country manufacturing footprint and technology‑driven execution. Over the next three years, we will focus on business areas with sustainable growth potential, strong technology orientation and clear market demand to further enhance the Group’s earnings quality and cash flow performance.” “At the same time, we will promote deeper integration of artificial intelligence and the Internet of Things to build the ‘Group Intelligent Energy Brain’, using data to drive operational efficiency and transparency in energy management, and ultimately achieve the transformation from a manufacturing enterprise into an intelligent energy ecosystem platform. We believe that by continuously optimising operational efficiency and advancing the integrated development of ‘new energy + new media’, Trio Industrial will further strengthen its competitive advantages amid a rapidly changing market environment, open up high value‑added and sustainable growth opportunities and create long‑term value for shareholders.” - End - About Trio Industrial Electronics Group Limited (Stock Code: 1710.HK) Trio Group is a leading Hong Kong-based manufacturer and supplier of advanced industrial electronic components and products, with over 40 years of industry expertise. Specialising in power supply solutions, the group serves key sectors such as energy efficiency and medical electronics. As the first Hong Kong electronics supplier to achieve Industry 4.0 maturity certificate - industry 4.0 1i level. Trio Group integrates smart manufacturing and innovative technologies to deliver high-performance solutions, earning a strong reputation as a trusted partner for numerous globally recognised brands, primarily in Europe and North America. In response to the growing emphasis on ESG (Environmental, Social, and Governance) principles and the urgent demand for decarbonisation, Trio Group is strategically expanding into the renewable energy sector through its proprietary brand, Deltrix. The company is actively developing solutions in: EV charging infrastructure Solar energy storage systems Smart power management Charging network deployment With a focus on Central Asia and Southeast Asia, Trio Group is committed to advancing green technology innovation, positioning itself as a key player in the global energy transition while driving sustainable business growth. By leveraging its technical expertise and forward-looking strategies, the group continues to reinforce its role in shaping a low-carbon future. This press release is issued by DLK Advisory Limited on behalf of Trio Industrial Electronics Group Limited. For further information, please contact: DLK Advisory 金通策略 Email: pr@dlkadvisory.com Tel: +852 2857 7101 File: 1710_2025AR_press release_EN_20260327_FINAL 27/03/2026 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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致豐集團 (1710) 公佈2025年全年業績 收益約為7.753億港元 持續推行電子製造服務及新能源業務雙引擎發展策略 建立「大亞洲新能源業務圈」

EQS 新聞 / 2026-03-27 / 23:12 UTC+8 [請即時發布] 致豐工業電子集團有限公司 (股份代號:1710.HK) 公佈2025年全年業績 * * * 收益約為7.753億港元 持續推行電子製造服務及新能源業務雙引擎發展策略 建立「大亞洲新能源業務圈」 (香港 – 2026年 3月 27日) 香港領先的工業電子零件及產品製造及銷售企業 – 致豐工業電子集團有限公司(「致豐集團」或「集團」,股份代號:1710),今日宣佈本公司及其子公司(「本集團」)截至2025年12月31日止年度(「年內」)的全年業績。 年內,整體經營環境仍然充滿挑戰。歐洲及北美仍為本集團的主要市場,而當地的經營環境受到相對緊縮的利率環境、持續的地緣政治緊張局勢以及美國修訂關稅政策實施等因素所影響,不少客戶採取更審慎的採購方法,著重庫存管理並調整採購策略,導致年內需求轉趨疲弱。因此,本集團於2025財政年度的收入較去年下降約23.1%至約為7.753億港元。然而,本集團仍維持嚴格的成本控制,並優化其人員及勞動結構,使整體行政開支較去年有所下降。整體而言,本集團於2025財政年度錄得毛利約1.396億港元,較去年同期減少約25.5%,毛利率由去年的18.6%減少0.6個百分點至18.0%。本集團年內錄得本公司擁有人應佔虧損35.4百萬港元。集團保持穩健的財務狀況,現金及現金等價物(包括受限制銀行存款)約為1.405億港元,維持正淨現金狀況(現金及現金等價物減借款)。流動比率約為 2.7倍,與於2025年6月30日及2024年12月31日相若。 為應對複雜多變的全球市場環境,致豐集團正加速推進聯合設計製造策略,深化與主要客戶的合作,從產品設計端着手提升附加價值與利潤潛力,同時鞏固長期客戶關係。配合此方向,本集團積極引入兼具技術背景與市場洞察力的專業人才,優化全球銷售與工程團隊,進一步拓展市場覆蓋並支持未來業務增長。在全球製造布局方面,泰國生產設施作為出口至美國及東南亞市場的策略性出口基地,為本集團在應對地緣政治發展及關稅壁壘方面提供更大的靈活性。本集團位於英國的製造設施已於2025年第二季度投入運作,為歐洲本地客戶提供服務並加強供應鏈安全。本集團亦正於美國建立新的製造設施,預期將於2026年下半年投入運作。致豐集團已建立覆蓋中國、泰國、英國及即將在美國投產的製造網絡,為全球客戶提供多區域供應保障與彈性,以應對地緣政治變化及貿易格局重塑。該布局不僅增強供應鏈韌性,亦體現本集團「全球製造、本地服務」的競爭優勢。 於新能源領域,在優化電子製造服務業務運營的同時,本集團業務持續拓展,從電動汽車充電與充電設施運營延伸至能源儲存與分佈式能源應用,構建「充電-儲能-能源服務」一體化業務模式,進一步鞏固其於新能源價值鏈的地位。配合「一帶一路」倡議,本集團已於中亞及東南亞市場建立先行平台,並正在推進具區域示範效應的分佈式儲能及電動出行項目,為中長期增長注入新動能。在哈薩克斯坦,本集團已與Sinooil(中國石油天然氣集團)合作,在全國約140個Sinooil加油站部署電動汽車充電基礎設施及數字廣告設施,為本集團能源與媒體綜合業務建立可擴展的平台。本集團已於哈薩克斯坦建立四個電動汽車充電站,其中一個採用「光儲充」配置,整合Deltrix電動汽車充電基礎設施、能源儲存系統、數字廣告亭及智能洗車設施。該等站點在提供電動汽車充電服務的同時,亦構建了一個結合能源服務、數字廣告、自動洗車設施及便利零售的綜合生態系統。該綜合廣告平台亦旨在協助中國企業進軍中亞,同時加強本集團於區域戶外媒體市場的定位。 在中亞建立此策略平台的基礎上,本集團亦正拓展其於東南亞的新能源業務,其中菲律賓為區域擴展的首個市場。本集團正推進Deltrix品牌電動摩托車及換電項目,為電動出行提供「車- 電- 櫃」一體化解決方案。這是典型的分佈式儲能應用解決方案。同時,本集團亦正開發適用於住宅及工商業用途的其他分佈式儲能解決方案,進一步擴展其於該地區的新能源產品及服務組合。 致豐工業電子集團主席黃思齊先生表示:「儘管環球經濟環境仍存挑戰,我們依然堅信產業電氣化、能源可持續化及智能化發展的長期趨勢不變。致豐集團的優勢在於結合電子製造專業與新能源技術,並以多國製造佈局與技術驅動的策略執行力,推動業務持續發展。展望未來三年,我們將聚焦具可持續增長潛力、技術導向及市場需求明確的業務範疇,進一步提升集團的盈利質量與現金流表現。同時,我們將推動人工智能與物聯網的深度融合,構建『集團智能能源大腦』,以數據驅動營運效率與能源管理透明化,最終實現從製造型企業向智能能源生態平台的轉型。我們相信,通過持續優化營運效率及推進「新能源 + 新媒體」的融合發展,致豐集團將在不斷變化的市場環境中鞏固競爭優勢,開拓高附加值、可持續的增長空間,為股東創造長期價值。」 - 完 – 關於致豐工業電子集團有限公司(股份代號:1710.HK) 致豐集團是香港領先的工業電子零件及產品製造商,擁有超過40年的行業經驗,專注於高品質電源產品的生產與銷售,業務涵蓋節能、醫療等關鍵領域。作為香港電子工業供應商中首家榮獲工業4.0成熟度1i級認證的企業,集團以智能化製造與創新技術為核心,為全球客戶提供高效可靠的解決方案,並成為眾多國際知名品牌的長期合作夥伴,客戶群主要遍及歐美市場。 面對全球ESG(環境、社會與治理)趨勢與零碳轉型需求,致豐集團積極佈局可持續能源領域,透過旗下自主品牌Deltrix拓展可再生能源、儲能技術及綠色基礎設施業務。市場版圖延伸至中亞與東南亞,服務範疇包括: 電動車充電解決方案 光伏儲能系統 智能電源管理系統 充電網絡基礎設施 憑藉深厚的技術積累與前瞻性的產業佈局,致豐集團持續推動綠色科技創新,致力成為全球能源轉型中的關鍵參與者,實踐企業永續發展願景。 此新聞稿由金通策略有限公司代致豐工業電子集團有限公司發布。 如有任何查詢,請聯絡: DLK Advisory 金通策略 電郵: pr@dlkadvisory.com 電話: +852 2857 7101 文件: 1710_2025AR_press release_TC_20260327_FINAL 2026-03-27 此財經新聞稿由EQS Group轉載。本公告內容由發行人全權負責。瀏覽原文: http://www.todayir.com/tc/index.php
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Uni-Bio Science Group Limited Announces 2025 Annual Results

EQS Newswire / 27/03/2026 / 21:31 UTC+8 Record-Breaking Revenue of HK$586.2M and EPS Surged to HK$1.56 Cents Dividends Distributed for Two Consecutive Years Embarks on Innovation-Driven Transformation to Become a Global Pioneer in Regenerative Medicine (27 March 2026 – Hong Kong) A fully integrated biopharmaceutical company – Uni-Bio Science Group Limited (“Uni-Bio Science”, together with its subsidiaries referred to as the “Group”, stock code: 0690.HK), is pleased to announce its annual results for the year ended 31 December 2025 (the “Year”). Key Accomplishments in 2025 During the Year, the Group achieved a spectrum of accomplishments, for both of its marketed products and innovative biologics. The key highlights include: During the Year, the Group delivered record-breaking financial results, with revenue recorded a 6.0% year-on-year (“YoY”) increase, reaching approximately HK$586.2 million. Profit for the year soared by 12.7% YoY to approximately HK$93.3 million, and net profit margin increased by 1.0 percentage points YoY to 15.9%, marking a historic high. The earnings per share reached approximately HK$1.56 cents, reflecting a growth of 15.5% YoY or a CAGR of 18.55% from 2023 to 2025. The Group generated solid cash from operations in the Year, operating cash flow and free cash flow increased by 32.7% and 27.3% YoY, respectively. Cash ratio increased from 0.53 times at the end of 2024 to 1.63 times at the end of 2025. The cash conversion cycle improved from 124 days to 107 days, highlighting greater operating efficiency. Backed by sustainable earnings and a healthy cash flow, the board of directors (“Board”) has declared a dividend payment for 2025 of HK$0.313 cents per share. Since its official launch in March 2024, Bogutai® has sustained strong growth momentum, driven by a solid commercialization strategy and successful academic engagement. In 2025, Bogutai® demonstrated rapid market adoption in China, achieving a remarkable year-on-year revenue growth of 111.0%. In May 2025, the Group’s second ophthalmology product, 金因康® (Diquafosol Sodium Eye Drops), received marketing approval from the China National Medical Products Administration (“NMPA”), marking a significant milestone in expanding the Group’s ophthalmic portfolio following GeneSoft®. The Group is actively preparing its launch and marketing strategy. In addition to leveraging synergy with GeneSoft® and its established online and offline distribution network for rapid market penetration, 金因康® will specifically target the mid-to-high-end segment of dry eye patients outside the hospital setting, those who prioritize long-term efficacy and premium product quality. In June 2025, the Group officially launched the high-end series GeneQueens® of 肌顏態® and the medical device brand 金因敷®, marking two key milestones in its strategic expansion into the integrated“Drug, Medical Device, and Aesthetics”field. These product launches reflect the Group’s commitment to enhancing its skin health product matrix and addressing evolving consumer needs for efficacy-driven, medical-grade skincare in both functional skincare and post-aesthetic recovery. In July 2025, the marketing application of Isavuconazonium sulfate capsules were officially accepted by the NMPA. Isavuconazonium sulfate capsules are expected to be approved for launch as early as the fourth quarter of 2026, offering a safer, more effective, and high-quality treatment option for patients suffering from invasive fungal infections. In 2025, the Group established a strategic partnership with Wenzhou Medical University to explore a thermosensitive gel formulation combining EGF and bFGF, leveraging the university’s proven expertise in bFGF production. As a key growth factor in regenerative medicine, bFGF is highly effective in promoting granulation and angiogenesis. Towards the end of 2025, the Group repositioned its long-term strategy from “Stable Growth” to “Innovation-Driven,” signifying a bold transformation from an integrated pharmaceutical company into a global pioneer in regenerative medicine. The Group is advancing a transformative R&D strategy spanning four key areas: muscular-skeletal regeneration, skin regeneration, ocular regeneration, and ENT regeneration. Annual Results For 2025, the Group recorded a revenue of approximately HK$586.2 million, representing an increase of 6.0% YoY. Revenue from Bogutai® increased from approximately HK$ $63.5 million to approximately HK$ 134.0 million, representing a significant increase of 111.0%. Revenue generated from GeneTime® was approximately HK$220.4 million, representing an increase of 10.9% YoY. GeneSoft® recorded a 7.9% YoY decrease in revenue from approximately HK$41.9 million to approximately HK$38.6 million due to intense market competition. Pinup® recorded a decrease of 29.4% in revenue from approximately HK$244.2 million to approximately HK$172.5 million for the Year. In 2025, the Group adopted a more disciplined and selective hospital-supply strategy under volume-based procurement (VBP) to safeguard margins, particularly in regions where policy adjustments intensified price competition. At the same time, the Group accelerated diversification into pharmacy networks beyond traditional hospital channels and optimized its supply chain to improve cost and profitability. In 2024, Boshutai® was successfully included in the VBP by the Henan Seventeen Provinces Alliance and the procurement validity period is set for two years. Hospitals in many provinces began procuring Boshutai® in 2025. Following the destocking and a low base in 2024, revenue from Boshutai® increased from approximately HK$10.2 million to approximately HK$15.5 million, representing a significant increase of 51.9%. 肌顏態® generated approximately HK$2.8 million in revenue in its early stage. The limited revenue scale reflected several factors, including a relatively small number of products approved and launched during the Year, and the fact that specialized marketing and distribution teams were still being built and optimized. Gross profit was approximately HK$487.6 million, representing an increase of 5.7% as compared with approximately HK$461.1 million in 2024, and gross profit margin increased by 0.2 percentage points YoY to 83.2%. The Group delivered another year of record-breaking profit, achieving approximately HK$93.3 million for the Year, representing an increase of 12.7% YoY. Net profit margin increased by 1.0 percentage points YoY to 15.9%. These results demonstrate the Group’s success in converting product innovation into market value through strong commercialization execution and financial discipline. The earnings per share reached approximately HK$1.56 cents, reflecting a growth of 15.5% YoY. Prospects Regenerative medicine has emerged as a rapidly developing field, focused on repairing, replacing, or regenerating damaged tissues or organs using cells, tissues, or genetic material. The sector has the potential to treat and address the underlying causes of chronic and advanced diseases. The global regenerative medicine market was approximately USD51.7 billion in 2025. It is projected to grow from USD63.0 billion in 2026 to USD555.6 billion by 2034, representing a compound annual growth rate (CAGR) of 31.3%. The increasing prevalence of chronic and hereditary diseases, together with rising healthcare expenditure in both developed and emerging markets, is expected to support continued growth in the regenerative medicine industry. Mr. Kingsley Leung, Chairman of Uni-Bio Science, commented, “In 2025, we are proud to have delivered another year of record profitability, marking a significant milestone in our growth journey. During the year, we entered a new phase of strategic development. In anticipation of an increasingly favorable market environment, we advanced our strategic transition from ‘stable growth’ to ‘innovation-driven’ development, with a clear focus on four diversified therapeutic areas: musculoskeletal regeneration, skin regeneration, ocular regeneration, and ENT regeneration. With multiple products progressing through our pipeline and accelerating toward commercialization, the Group has continued to broaden its marketing channels. In addition to strengthening our established offline hospital networks, deepening partnerships with local distributors, and hosting academic conferences, we have actively expanded into online e-commerce platforms to enhance product accessibility and extend our market reach. Our ambitions extend well beyond China. During the year, we formed a strategic partnership with Kexing Biopharm to accelerate the global expansion of Bogutai®. Through this collaboration, we have granted Kexing Biopharm exclusive commercialization rights for Bogutai® in six international markets—Saudi Arabia, Egypt, Morocco, Colombia, Argentina, and Mexico—laying a solid foundation for global growth. We expect these markets to begin contributing revenue as early as the end of 2026. At the same time, we are advancing the FDA approval process for Bogutai® in the United States, aiming for approval as early as 2027. In December, we also entered into a strategic collaboration with Wenzhou Medical University and the People’s Government of Ouhai District, Wenzhou, to foster a synergistic ‘government–university–enterprise’ model, further strengthening our capabilities in regenerative medicine. Supported by strong partnerships with local governments and leading academic institutions, we are well positioned to build a world-class biomedical ecosystem and enhance our end-to-end innovation capabilities.” About Uni-Bio Science Group Limited Uni-Bio Science Group Limited is an innovative biopharmaceutical enterprise listed on the Main Board of The Stock Exchange of Hong Kong Limited in 2001 (Stock Code: 00690.HK). The Group is committed to powering the advancement of regenerative medicine with next-generation synthetic biology and complex peptide innovation. Focusing on four core research areas—muscular-skeletal regeneration, skin regeneration, ocular regeneration, and ENT regeneration—the Group has built a diversified product pipeline encompassing innovative biologics, high-value generic drugs, and medical aesthetics. The Group operates GMP-compliant production bases in Beijing, Dongguan, and Shenzhen, with fully integrated capabilities spanning R&D, manufacturing, and commercial sales. Uni-Bio Science Group is dedicated to be the global leader in regenerative medicine, redefining how science restores and extends human life. For further information, please contact: ir@uni-bioscience.com 27/03/2026 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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聯康生物科技集團公佈2025年全年業績

EQS 新聞 / 2026-03-27 / 21:31 UTC+8 收入創新高達586.2百萬港元 每股盈利提升至1.56港仙 並連續兩年派發股息 開啟創新驅動轉型 致力于成為全球再生醫學先驅 [二零二六年三月二十七日 – 香港] 綜合性生物製藥公司 — 聯康生物科技集團有限公司(「聯康集團」或「本公司」,連同其附屬公司統稱「本集團」,股份代號:0690)欣然宣佈本集團截至二零二五年十二月三十一止年度(「年內」)的全年業績。 二零二五年取得之重大成就 年內,本集團取得了一系列成就,在已上市產品及創新的生物製劑方面均取得良好成績。主要取得的成就如下: 年內,本集團錄得破紀錄的財務業績,收入按年增長6. 0%,達到約586. 2百萬港元。溢利按年升12.7%至約93.3百萬港元,而純利率按年增加1. 0個百分點至15.9%,創歷史新高。每股盈利達到約1. 56港仙,按年增長15.5%,二零二三年至二零二五年的复合年增长率为18.55%。 本集團於年內錄得穩健的經營現金流,經營現金流量及自由現金流量分別按年增加32.7%及27.3%。現金比率由二零二四年底的0.53倍上升至二零二五年底的1.63倍。現金轉換週期從124天改善為107天,突顯營運效率顯著提升。憑藉可持續盈利及穩健的現金流,董事會建議派發末期股息每股0.313港仙。 自博固泰®於二零二四年三月正式推出以來,在穩健的商業化策略及成功的學術推廣驅動下,其保持了強勁的增長勢頭。於二零二五年,博固泰®在中國展現出快速的市場滲透率,年收入增長實現111.0%的顯著增長。 於二零二五年五月,本集團第二款眼部產品金因康®(地誇磷索鈉滴眼液)獲中國國家藥品監督管理局(NMPA)的上市批准,標誌著繼金因舒®後,本集團眼部產品線拓展之重要里程碑。本集團正積極籌備其推出及營銷策略。除利用與金因舒®及其成熟的線上及線下分銷網絡的協同效應以實現快速市場滲透外,金因康®將專門針對醫院場景以外的中高端乾眼症患者群體,即該等優先考慮長期療效及優質產品品質的患者。 於二零二五年六月,本集團正式推出肌顏態®高端系列GeneQueens®及醫療器械品牌金因敷®,此舉標誌其進軍「藥品、醫械及醫美」整合領域之兩個關鍵里程碑。該等產品發布反映本集團致力於完善其皮膚健康產品矩陣,並滿足消費者對功能性護膚及醫美術後修復領域中以功效為導向的醫學級護膚品不斷演變的需求。 於二零二五年七月,硫酸艾沙康唑膠囊的上市申請已獲國家藥品監督管理局正式受理。硫酸艾沙康唑膠囊預計最早將於二零二六年第四季度獲准上市,為侵入性真菌感染患者提供更安全、更有效且高品質的治療選擇。 於二零二五年,本集團與溫州醫科大學建立戰略合作夥伴關係,利用該大學在bFGF生產方面經證實的專業知識,共同研發結合EGF及bFGF的熱敏凝膠製劑。作為再生醫學的關鍵生長因子,bFGF在促進肉芽組織增生及血管生成方面具有高度療效。 於二零二五年底,本集團將其長期戰略由「穩健增長」重新定位為「創新驅動」,標誌著其由一家綜合製藥公司大膽轉型為全球再生醫學先驅。本集團正推進具變革性的研發戰略方向,涵蓋四大關鍵領域:肌肉骨骼再生、皮膚再生、眼部再生及耳鼻喉科再生。 全年業績 於二零二五年,本集團錄得收益約586. 2百萬港元,按年增長6. 0%。博固泰®的收益由約63.5百萬港元大幅增加至約134.0百萬港元,大幅增加111.0%。金因肽®的收益約為220.4百萬港元,按年增長10.9%。由於市場競爭激烈,金因舒®的收益由約41.9百萬港元按年減少7.9%至約38.6百萬港元。匹納普®錄得的收益由約244.2百萬港元減少29.4%至約172.5百萬港元。二零二五年,本集團在帶量採購下採取了更為嚴謹且具選擇性的醫院供應策略,以保障利潤率,特別是在政策調整加劇價格競爭的地區。同時,本集團加速向傳統醫院渠道以外的藥房網絡多元化發展,並優化其供應鏈以改善成本及盈利能力。於二零二四年,博舒泰®成功納入河南省十七省聯盟集中帶量採購,採購有效期設定為兩年。於二零二五年,許多省份的醫院開始採購博舒泰®。繼二零二四年的去庫存及較低基數之後,來自博舒泰®的收益由約10.2百萬港元增加至約15.5百萬港元,大幅增加51.9%。肌顏態®在其早期階段產生約2.8百萬港元的收益。有限的收益規模反映了幾項因素,包括於年內獲批准及推出的產品數量相對較少,以及專業營銷及分銷團隊仍處於組建及優化階段的事實。 毛利約為487.6百萬港元,較二零二四年的約461.1百萬港元增加5.7%,而毛利率按年下降0.2個百分點至83.2%。本集團實現約93.3百萬港元的破紀錄溢利,再次創下新高,按年增長12.7%。淨利潤率按年上升1.0個百分點至15.9%。該等業績證明本集團憑藉強大的商業化執行力及財務紀律,成功將產品創新轉化為市場價值。每股盈利約達1.56港仙,按年增長15.5%。 展望 再生醫學已成為一個快速發展的領域,專注於利用細胞、組織或遺傳物質修復、更換或再生受損的組織或器官。該行業具有治療及解決慢性病及晚期疾病潛在病因的潛力。全球再生醫學市場於二零二五年約為517億美元。預計將由二零二六年的630億美元增長至二零三四年的5,556億美元,複合年增長率為31.3%。慢性病及遺傳性疾病日益普遍,加上發達及新興市場的醫療保健支出不斷增加,預計將支持再生醫學行業持續增長。 聯康生物科技集團主席梁國龍先生表示:「二零二五年,我們欣然宣佈公司又實現了一年的營利突破,標誌著集團發展中重要的里程碑。年內,本集團進入策略發展的新階段。隨著市場環境逐步向好,我們積極推進由『穩定增長』轉型至『創新驅動』階段,聚焦肌肉骨骼再生、皮膚再生、眼部再生及耳鼻喉再生四大多元化治療領域。 隨著多項產品正在研發並加速邁向商業化階段,集團持續拓展多元化營銷渠道。在鞏固傳統醫療網絡、加深與本地經銷商合作以及開展學術推廣活動的同時,我們亦積極佈局線上電商平台,以進一步提升產品可及性以及擴大市場覆蓋。我們的發展戰略不限於中國市場。年內,我們與科興製藥建立了戰略合作關係,共同推動博固泰®的全球化佈局。通過此次合作,我們已授權博固泰®在沙特阿拉伯、埃及、摩洛哥、哥倫比亞、阿根廷及墨西哥六個國際市場的獨家商業化權利,為全球業務拓展奠定堅實基礎。我們預計上述市場最早將於2026年底開始貢獻收益。與此同時,我們正積極推進博固泰®在美國的FDA註冊審批。 二零二五年十二月,我們與溫州醫科大學及溫州市甌海區人民政府達成戰略合作,致力於構建『政產學研』的協同模式,進一步提升公司在再生醫學領域的能力。憑藉地方政府與頂尖學術機構的有力支持,我們有信心打造一流的生物醫藥生態體系,以提升全週期能力。」 關於聯康生物科技集團有限公司 聯康生物科技集團有限公司是一家於2001年在香港聯合交易所主板上市的創新型生物醫藥企業(股票代碼:00690.HK),致力於以下一代合成生物學技術與複雜多肽創新,驅動再生醫療發展。本集團聚焦於骨骼/肌肉再生、皮膚再生、眼部再生及耳鼻喉(ENT)再生四大核心研究領域,構建了涵蓋生物創新藥、高值仿製藥與醫療美容等板塊的多元化產品管線。本集團分別於北京、東莞及深圳均設有GMP的生產基地,具備研發、生產及商業化銷售的全鏈條能力。本集團致力於成為再生醫學領域的全球領導者,重新定義科學如何修復與延展人類生命。 如欲了解更多資訊,請聯繫: ir@uni-bioscience.com 2026-03-27 此財經新聞稿由EQS Group轉載。本公告內容由發行人全權負責。瀏覽原文: http://www.todayir.com/tc/index.php
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Behind the 449% Sequential Revenue Growth: Xunce Technology, Accelerates Its Embrace of the Token Economy

EQS Newswire / 27/03/2026 / 18:36 UTC+8 On March 27, 2026, Hong Kong-listed Xunce Technology (03317.HK) released its 2025 annual results, delivering a standout performance that captured market attention. The company achieved full-year revenue of RMB 1.285 billion, representing year-on-year growth of 103.28%, crossing the RMB 1 billion revenue threshold. Adjusted net loss narrowed to RMB 54.85 million, a significant improvement of 33.31% from the previous year. More importantly, the company achieved adjusted net profit of RMB 50.13 million in the second half of 2025, marking its first semi‑annual profitability and confirming a clear inflection point. In terms of growth trajectory, first‑half revenue was RMB 198 million, while second‑half revenue surged to RMB 1.087 billion, a 449.32% sequential increase. This explosive growth closely aligns with the concentrated release of enterprise demand for real‑time data as AI models entered a phase of large‑scale deployment. As the AI industry shifts its focus from "model training" to "inference at scale," the strategic importance of data infrastructure is being fundamentally rewritten. Behind these results lies Xunce Technology's value realization as a core player in AI‑driven real‑time data infrastructure, signaling the arrival of a new era driven by the token economy. Financial Inflection Point: More Than Growth – A Qualitative Shift What makes Xunce's 2025 results particularly compelling is not just the revenue growth, but the simultaneous improvement in profitability and growth trajectory. The shift in profitability carries even greater significance. Full‑year adjusted net loss narrowed to RMB 54.85 million, a 33.41% improvement over 2024. Looking at the second half alone, the company achieved adjusted net profit of RMB 50.14 million – a sharp reversal from the RMB 105 million loss in the first half – marking its first semi‑annual profit. This demonstrates that the company's business model has successfully navigated the transition from scale expansion to profit generation. From a financial structure perspective, as of the end of 2025, total assets reached RMB 3.172 billion, net assets stood at RMB 2.42 billion, and cash and cash equivalents reached RMB 1.084 billion, an increase of approximately 216% year‑on‑year, providing ample "ammunition" for future strategic investments. The asset‑liability ratio was only 1.51%, reflecting minimal leverage and a very solid financial foundation. In terms of operational efficiency, revenue per employee jumped from RMB 1.22 million in 2024 to RMB 2.87 million, an increase of 135.25%, effectively doubling workforce productivity. Customer ARPU also increased from RMB 2.72 million to RMB 5.59 million, up 105.04% year‑on‑year, demonstrating a growing ability to deepen value from each client. Based on these metrics, Guotai Haitong Securities expects the company to achieve full‑year profitability in 2026. Token‑Based Pricing: From Selling Tools to Value Sharing With the arrival of the token era, the role of tokens is undergoing a fundamental shift – they are no longer simply a unit of compute consumption but have become a direct carrier of business value. Xunce's core capability lies in providing vertical AI solutions that act as an "external brain" for general‑purpose large models, ensuring that every token consumed generates a measurable business return. Xunce's solutions are deeply embedded in clients' private clouds and on‑premises systems, acting as a "data hub." Token‑based pricing means the company's revenue is directly tied to clients' AI usage – the more clients use, the more the company earns. Building on this capability, the company is accelerating the evolution of its business model. The results announcement clearly states that Xunce is transitioning from project‑based and subscription models to token‑based pricing, evolving from a traditional tool provider into an "AI Agent enabler." According to the company, token‑based revenue accounted for 5% of total revenue in early 2026, and is expected to reach 20‑30% for the full year. From a financial perspective, this model unlocks three layers of value: first, revenue structure optimization, shifting from one‑time project delivery to recurring service revenue with significantly enhanced predictability; second, improved pricing power, as the company's revenue becomes tied to the value created for clients; and third, expanded profit margins, as project delivery becomes less dependent on headcount, creating room for margin expansion. NVIDIA's "Token Factory Economics" framework is validating this trend at the industry level: competition in the AI inference phase is shifting from "who has more compute" to "who can generate greater business value from each token." Xunce, with its deep expertise in processing high‑quality data across vertical industries, is perfectly positioned at this critical juncture. Strategic Depth: From Asset Management to Robotics and Commercial Aerospace Xunce started in the asset management industry – one of the most demanding sectors in terms of data real‑time requirements and regulatory compliance – where it holds the largest market share, covering the top 10 asset management institutions in China. It was precisely in this high‑concurrency, low‑latency, strong‑consistency environment that Xunce built its full‑stack AI Data Agent technology system, covering everything from data acquisition, cleaning, and standardization to real‑time computation and large model tuning, establishing a core technological moat in millisecond‑level real‑time data processing. In 2025, the company accelerated the replication of this capability across other industries, including telecommunications, power, energy, urban operations, high‑end manufacturing, and healthcare. The share of revenue from non‑asset management businesses increased further from 61.3% in 2024 to 79.6%, reflecting a more diversified business mix. By year‑end, the company had developed over 300 data modules, enabling rapid adaptation to different industry needs through modular combinations and significantly reducing the marginal cost of cross‑industry expansion. More forward‑looking is the company's expansion into two frontier areas: robotics data platforms and commercial aerospace. These scenarios, which demand extreme real‑time performance and reliability, serve both as a testing ground for technical capabilities and as an early entry into high‑growth future markets. In addition, the company plans to steadily advance its global expansion and actively establish strategic partnerships with leading domestic and international compute providers and algorithm companies, building an integrated ecosystem that coordinates compute, algorithms, and data. Valuation Undervaluation: Value Discovery for a Token Stock in Hong Kong In March 2026, Xunce Technology was officially included in the Hang Seng Composite Index. Once it becomes eligible for the Stock Connect program, liquidity is expected to improve significantly. Currently, the company's PS ratio is about 40x, as the token‑based business model accelerates, the company's valuation offers significant room for upside, with the potential to align with large model companies such as Minimax and Zhipu. Against the backdrop of the 15th Five‑Year Plan, which explicitly calls for "building a new form of intelligent economy" and deepening "AI+," demand for real‑time data infrastructure in the AI inference era is only just beginning. Xunce has demonstrated the explosive potential of growth through its revenue doubling, validated the sustainability of its model through its second‑half profitability, and opened up a new valuation narrative in the token economy through its upgrade to token‑based pricing. 27/03/2026 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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Amap Street Stars Launches Macao Authentic Delicacies Ranking to Drive Cultural-Tourism Innovation in the Greater Bay Area

EQS Newswire / 27/03/2026 / 16:02 UTC+8 Sands China, Amap and Macau Pass Sign Strategic Cooperation Memorandum to inject new vitality into Macao’s development as a City of Gastronomy (27 March 2026, Macao) Amap and Macau Pass held the “Macao City Life Launch Event” at The Londoner® Macao on March 27. The event was co-organized by Sands China Ltd. and supported by the Macao Government Tourism Office. Meanwhile, Amap, Macau Pass, and Sands China held a signing ceremony for a tripartite strategic cooperation memorandum. At the event, Amap unveiled the world’s first citywide “Flying Street View” and, together with Macau Pass, launched the “Macao Authentic Delicacies” Ranking and the “Macao City Life Support Program”. These initiatives aim to leverage AI and digital technologies to deepen the integration of culture and tourism across the Guangdong-Hong Kong-Macao Greater Bay Area, setting a new benchmark for high-quality development in the regional service sector. Maria Helena de Senna Fernandes, Director of the Macao Government Tourism Office, said Macao is stepping up efforts to integrate tourism and gastronomy, making the debut of Amap Street Stars in the city—its first stop in the Greater Bay Area—particularly meaningful. “The newly launched ‘Macao Authentic Delicacies’ Ranking will help visitors discover distinctive local businesses with greater precision and further unlock tourism spending,” she said. “Macao will continue working with all sectors to advance the high-quality development of its tourism industry.” Photo caption: “Macao City Life Support Program” Officially Launched Real Data Builds Trust, Helping Visitors Discover Macao Through Food Macao recorded over 40 million visitor arrivals in 2025, reaching a new high. To help travelers better explore the city through its culinary offerings, Amap and Macau Pass introduced the “Macao Authentic Delicacies” Ranking, covering six categories: popular dim sum restaurants, specialty dessert shops, wok-hei eateries, street-side noodle shops, local milk tea and coffee spots, and neighborhood cha chaan tengs—offering a comprehensive view of Macao’s diverse food scene. Unlike conventional rankings that rely on subjective reviews or commercial promotion, Amap Street Stars operates on a “vote with their feet” mechanism, drawing on large volumes of real navigation and in-store visit data to create a credible, data-driven evaluation system for offline services. This approach captures the essence of Macao as a "City of Gastronomy," helping visitors discover the distinctive flavors hidden in the alleyways and rich with local spirit—so travelers can truly taste authentic Macao in every choice they make. In Macao, the rankings currently cover 985 merchants, with 96 restaurants, attractions, and hotels selected for the top-tier “Champion List.” The rankings are also integrated with major attractions and curated “Citywalk” routes via a newly launched “Explore Macao with Amap Street Stars” page—creating a seamless, one-stop experience that connects discovery, decision-making, navigation, and in-store visits. World’s First Citywide “Flying Street View”: Technology Enhances the Cultural Tourism Experience Another highlight of the event was the launch of Amap’s citywide “Flying Street View” in Macao, powered by its self-developed world model. This feature allows users to explore 360-degree aerial views of the city and preview landmarks such as the Ruins of St. Paul’s and St. Dominic’s Church, while virtually navigating neighborhoods to experience local shops and street life. It is designed to simplify trip planning and significantly reduce the time and effort required to decide where to go. The feature also provides merchants with a powerful new way to showcase their businesses, helping improve customer conversion. Pastelaria Yeng Kee, a heritage brand with a 98-year history, reported a 23% increase in average daily sales at its Rua das Estalagens location after adopting the feature. Similarly, local brand Matcha Macau leveraged Amap’s digital location tools and in-store reservation features to address map positioning inaccuracies and customer loss caused by overlapping street names, successfully attracting more visitors from the Chinese mainland. “Macao City Life Support Program” Aims to Help Quality Merchants Get Seen Since the launch of Amap Street Stars in September 2025, the platform has driven over 380 million visits to restaurants, attractions, and hotels across the Greater Bay Area’s 11 cities. During the 2026 Chinese New Year holiday, Macao welcomed an average of 114,000 daily visitors from the Chinese mainland, with Zhuhai, Guangzhou, and Shenzhen contributing the largest shares—highlighting the impact of the Greater Bay Area’s “one-hour living circle” on Macao’s tourism growth. To help merchants capture this growing demand, Amap and Macau Pass jointly launched the “Macao City Life Support Program,” focusing on well-known brands, heritage shops, and quality neighborhood businesses. The program provides support through four key initiatives: First, it builds “AI-powered digital storefronts”, using Flying Street View and AI service tools to help merchants improve efficiency and increase revenue. Second, it provides operational tools and professional offline training to enhance digital capabilities. Third, it invests millions in consumer vouchers and delivers tens of millions of traffic exposure to help merchants turn traffic advantage into order growth during peak travel seasons. Fourth, it collaborates with Amap’s “Authentic Explorer” influencers to create high-quality content and amplify brand visibility. Amap and Macau Pass Join Forces with Sands China to Boost Macao's Cultural-Tourism Industry with Digital Technology At the event, Amap, Macau Pass, and Sands China signed a strategic cooperation memorandum to further bolster the digital transformation of Macao’s cultural tourism industry. As a leading integrated resort operator in Macao, Sands China integrates its newly launched Sands Lifestyle membership platform into Amap’s digital ecosystem. The partnership will focus on brand marketing, smart navigation, and the digital upgrade of commercial districts. Sands China has long placed strong emphasis on the development of its F&B segment, with over 150 restaurants that range from fine dining to regional specialties. Looking ahead, Sands China will further integrate with Amap’s digital ecosystem to create a seamless, one-stop smart experience—from precise online outreach to immersive offline experiences. Dr. Wilfred Wong, Executive Vice Chairman of Sands China Ltd., said: " We are honored to be the first integrated resort operator in Macao to establish such a deep partnership with Amap. This partnership marks an important step toward empowering our dining offerings with digital technology and support the broader development of Macao’s culinary industry. Sands China will continue to deepen its digital practices, enabling visitors to explore the culinary delights of Sands China and Macao through smart technology, while injecting new momentum into Macao’s development as a Creative City of Gastronomy." Guo Ning, CEO of Amap, said “Street Stars was created to build a trusted offline service ecosystem based on real consumer choices. By enabling users to ‘vote with their feet,’ we aim to ensure that quality businesses receive the recognition they deserve. Meanwhile, this partnership marks the deep integration of Amap’s digital capabilities with Macao’s cultural tourism industry. In the future, we plan to expand cooperation into more areas and look forward to working with our partners to transform Macao’s unique appeal into measurable and shareable trust assets, setting a new model for tourism innovation across the Greater Bay Area.” As a key driver of Macao’s digital transformation, Macau Pass is leveraging over 20 years of experience in local consumer services together with Amap’s AI-powered mobility solutions. The collaboration makes it easier for visitors to discover specialty merchants on digital maps while streamlining payments to enhance customer conversion. Sun Ho, Chairman and CEO of Macau Pass, stated that the partnership with Amap and Sands China aims to harness digital technology to support local businesses, showcase Macao’s unique charm to more visitors, and invigorate the city’s economic vitality. Photo caption: Signing Ceremony of the Tripartite Strategic Cooperation Memorandum between Guo Ning, CEO of Amap; Dr. Wilfred Wong, Executive Vice Chairman of Sands China Ltd.; and Sun Ho, Chairman and CEO of Macau Pass. ### About Sands China Ltd. Sands China is the largest operator of integrated resorts in Macao. The Company’s integrated resorts on the Cotai Strip comprise The Venetian® Macao, The Plaza® Macao, The Parisian® Macao and The Londoner® Macao. The Company also owns and operates Sands® Macao on the Macao peninsula. The Company’s portfolio features a diversified mix of leisure and business attractions and transportation operations, including large meeting and convention facilities; a wide range of restaurants; shopping malls; world-class entertainment at The Venetian Arena, The Londoner Arena, The Venetian Theatre, The Parisian Theatre, the Londoner Theatre and the Sands Theatre; and a high-speed Cotai Water Jet ferry service between Hong Kong and Macao. The Company’s Cotai Strip portfolio has the goal of contributing to Macao’s transformation into a world centre of tourism and leisure. For more information, please visit www.sandschina.com. About Amap China's leading provider of digital map, navigation, real-time traffic information and lifestyle services Founded in 2002, Amap is a leading provider of digital map, navigation, real-time traffic information and lifestyle services in China. With a focus on "promoting technological innovation and advancing with the ecosystem," Amap has evolved into an integrated one-stop travel and lifestyle service platform. The platform provides various transportation services covering driving, ride-hailing, buses, subways, cycling, walking, trains, and flights, as well as quality lifestyle services including dining, hotel & travel, and gas/charging. Amap is dedicated to building a new offline service credit system based on users voting with their feet. Amap will continue to develop public welfare initiatives such as barrier-free transportation and eco-friendly transportation, which have received positive recognition from the industry and users. About Macau Pass Group Holdings Limited Macau Pass Group Holdings Limited is a diversified group company engaged in various fields, including financial technology, payment services, local lifestyle services, tourism services, and cultural performances. Macau Pass Group is committed to continuous innovation and development, aiming to serve as a bridge connecting Macao with the world and promoting the common prosperity of the regional economy and culture. One of subsidiaries of Macau Pass Group, Macau Pass S.A, has issued the first contactless smart electronic payment card in Macao, the mCard, with a cumulative issuance exceeding five million cards, meeting the payment needs of all residents and tourists at nearly 30,000 payment points in Macao. Its sub-brand, MPay, registered users accounting for over 90% of the total local population and is also the local app with the highest daily active users in Macao. Macau Pass Group also operates a highly recognized and utilized membership points system in Macao, mCoin, which has partnered with various cultural, sports, and exhibition events. mPass integrates a variety of one-stop local services, providing consumers visiting Macao with a diverse range of products and services, including dining, cultural entertainment, transportation, shopping, and travel vacations, taking consumers to explore the vibrant life in Macao. Media contacts: Public Relations, Sands China Ltd. Dan Li Tel: +853 8118 2056 Email: dan.li@sands.com.mo Public Relations, Amap Song Guangping Email: songguangping.sgp@alibaba-inc.com Public Relations, Macau Pass Group Holdings Ltd. May Email: myt455242@alibaba-inc.com 27/03/2026 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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