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Thailand’s Luxury Real Estate Market Hits New Heights as Botanica Luxury Villas Unveils Portfolio Expansion


PHUKET, THAILAND – Media OutReach Newswire – 6 January 2025 – Amid booming demand in Thailand’s luxury real estate market, Phuket-based developer Botanica Luxury Villas has announced plans for significant portfolio expansion following record-breaking sales of THB1.2 billion in a single month in 2024. This comes as Phuket’s villa market reaches a historic THB160-170 billion, with villa launches surpassing condominium launches for the first time in 15 years. Demand continues to surge, particularly from Russian and European buyers seeking second homes and investment properties.

Botanica Luxury Villas
Botanica Luxury Villas

Botanica Luxury Villas has already extended its reach beyond Phuket, with successful developments in Krabi and Hua Hin. Both locations attract growing interest from European, Australian, and Chinese buyers seeking high-end vacation homes. These areas offer rental yields of 6-8% annually, reflecting Thailand’s growing position in the luxury real estate sector.

“The luxury villa market in Thailand, particularly in resort destinations, continues to show remarkable resilience and growth,” said Attasit Intarachooti, CEO of Botanica Luxury Phuket Co., Ltd. “Data from Colliers Thailand shows significant price appreciation in prime areas, with top villas in Kamala and Bang Tao reaching THB296.2 million and THB270 million, respectively.”

The company’s portfolio includes 27 projects across three major tourist destinations. Its 2025 pipeline features several mixed-use developments designed to elevate the region’s luxury offerings. A key highlight is “Botanica Grand Avenue,” a THB12-billion mega-project near Phuket’s Bang Tao Beach, which includes “HYTHE by Botanica,” the company’s first luxury condominium project, already securing 40% of pre-launch sales.

Additionally, a THB18-billion high-end condominium project is under development in Cherng Talay, just 500 meters from Bang Tao Beach. This landmark project will feature an art-inspired walking street and upscale retail spaces, positioning the area as a luxury lifestyle hub.

These expansions align with Thailand’s broader strategy to establish its resort destinations as global luxury hotspots. Recent data reveals the Phuket villa segment launched 1,285 new units across 65 projects in the first half of 2024 alone, valued at THB36 billion.

To support this growth, Botanica Luxury Villas has unveiled a new 1,885-square-meter headquarters, which will serve as a one-stop service center for international clients and investors. For a limited time, it is offering exclusive opportunities in its premium projects, available until January 31, 2025.

For more information: botanicaluxuryvilla.com
Hashtag: #BotanicaLuxuryVillas


The issuer is solely responsible for the content of this announcement.

Groom Killed at His Wedding, Suspect Arrested

Groom Killed at his Wedding
Murder at Wedding in Xayaboury.
 
A wedding celebration turned to tragedy on the evening of 5 January, when the groom was shot dead in Ton Tan village, Botean district.
 
According to the Botean district Police Command, the victim, 32-year-old Thongmai Sayalat, a teacher from Phonxay village, was fatally shot at around 7:40 pm.
The gunman, identified as 35-year-old Vilay Chanthavong, a resident of Ton Tan village, used a firearm modified from a bullet rifle.
 
The shooting occurred at the bride’s house, where authorities found Thongmai’s body with a bullet wound entering his left ear and exiting through the right ear. He was pronounced dead at the scene.
 
Vilay has been taken into custody as the prime suspect, but the motive behind the attack remains unclear. Investigations are ongoing as authorities work to determine the cause of the incident

Maybank’s Insurance Arm, Etiqa Insurance, Pioneers the Return of Takaful Offerings in Singapore

New Shariah-compliant investment-linked product addresses the needs of customers looking for values-based insurance solutions; further strengthening the Group’s Islamic Wealth Management offerings


SINGAPORE – Media OutReach Newswire – 6 January 2025 – Maybank’s insurance arm, Etiqa Insurance Singapore (Etiqa), today jointly announced the launch of Invest future, Singapore’s first Takaful offering in over a decade, with Maybank Singapore (Maybank) as its exclusive distributor.

Etiqa Insurance Singapore launches Invest future solution
Etiqa Insurance Singapore launches Invest future solution

Invest future is designed to cater to the growing demand for Islamic financial solutions in Singapore. This investment-linked plan (ILP) is designed to support sustainable wealth accumulation goals through Shariah-compliant investing, tailored for the growing demographic seeking ethical investment options while offering flexibility and protection.

Mr Alvin Lee, Maybank Singapore Country CEO said, “Values-based financial solutions such as Etiqa’s Takaful ILP, is an integral component of Islamic Wealth Management (IWM) offerings based on Shariah principles. Maybank, as the regional offshore IWM hub for Maybank Group in Singapore, is the first Bank here to provide end-to-end values-based financial solutions. And as the exclusive distributor of Etiqa’s Takaful offering – a first in Singapore, we are very pleased to mark another milestone in scaling our capabilities with a comprehensive suite of solutions aligned to the five IWM pillars for customers through their different life stages. This is our ongoing commitment to meet evolving customers’ needs while upholding their values and ethical considerations.”

“We are excited to lead the way in launching Takaful ILP as our inaugural Takaful product in Singapore, recognising that ethical investing is increasingly gaining traction among Singaporeans,” said Raymond Ong, CEO of Etiqa Insurance Singapore. “”Our Takaful ILP promotes Shariah values of mutual cooperation and purposeful investing. By introducing values-based insurance that targets all sectors of the community, we aim to provide ethically crafted, holistic life journey solutions that all customers can trust. We believe that by aligning our products with strong ethical principles, we can create lasting value for our customers and contribute positively to society.”

By extending its insurance solutions with this new product offering, Etiqa Insurance Singapore hopes to offer financial solutions that adhere to the principles of cooperation, fairness, and shared responsibility.

Committing to customers as a priority with values-based insurance

Etiqa Insurance Singapore’s launch of the new values-based insurance is part of the company’s ethos to make insurance accessible, keeping customers’ interests and needs as the core foundation of its product and service offerings.

Unlike traditional insurance plans, which focus solely on financial protection, values-based insurance encompasses a broader perspective of protection that covers the ethical, social and personal concerns of customers. This emerging product offering resonates with the diverse needs and aspirations of policyholders while managing risks, enabling individuals to connect more deeply with their values.

The benefits of values-based insurance include:

  • Risk Sharing: Policyholders of a values-based insurance product share the financial risks collectively, leading to a sense of community and shared responsibility among policyholders.
  • Purposeful: Values-based insurance plans are aimed at sustaining protection for a group of individuals, rather than maximising profit.
  • Transparency: Values-based insurance products offer a more transparent approach in terms of what the policy is invested in, how the funds are paid out, and underwriting profits, if any through stringent reviews by the Shariah advisors to ensure fairness to customers.

Maybank Singapore is the exclusive distributor of Etiqa’s Invest future solution in Singapore.

Note to Editors

About the five IWM pillars:

  • Wealth Creation: Creates wealth through Shariah-compliant banking, savings and financial products in line with Islamic principles. It seeks to achieve sustainable and ethical growth over time.
  • Wealth Accumulation: Generates and accumulates wealth through Shariah-compliant investment products, and is focused on values-based investing principles.
  • Wealth Preservation: Protects the accumulated wealth as aligned with Islamic principles through risk management and Takaful (Islamic insurance).
  • Wealth Purification: Purifies wealth through the concept of zakat. Zakat is the giving of alms to the less fortunate, and it is obligatory upon every Muslim who meets the requirements to pay zakat.
  • Wealth Distribution: Distributes wealth for future generations, which involves the transfer of wealth or assets through will writing (wasiat), endowment (wakaf) and gift (hibah).


Takaful

Takaful is based on Shariah or Islamic religious law where protection is offered on the Islamic concept of mutual help. Although Takaful must operate according to Islamic cooperative principles, it is not limited to the Muslim community, as anyone who upholds personal ethical and social principles can purchase a Takaful plan for protection needs and objectives.

Invest future
Invest future is Etiqa Insurance Singapore’s first Takaful values-based ILP, designed for those seeking ethical investing aligned with Shariah principles. It is a values-based insurance product designed to combine wealth accumulation with life protection, offering flexible investment options, access to Shariah-compliant funds, and enhanced returns through multiple bonuses. Invest future is certified Shariah compliant by the Financial Shariah Advisory and Consultancy (FSAC) of Singapore Islamic Scholars & Religious Teachers Association (Pergas).

Key benefits of Invest future include:

  • Investment bonuses, including start-up bonus up to 80% of first-year premiums, special bonus at 5% of regular premiums from the 6th policy year, and loyalty bonus at 0.2% of account value annually post premium payment term.
  • Access to Shariah-compliant funds with investments from as low as S$200 per month with access to reputable, Shariah-compliant regional and global funds.
  • Flexible plan options allow for two free partial withdrawals from the 4th policy year, plus options for premium adjustments, top-ups, premium-free periods, and free fund switching.
  • Comprehensive coverage includes death and total permanent disability benefits up to 105% of net premiums or account value.
  • Legacy and giving options enable policyholders to pledge benefits as a legacy gift to loved ones or *wakaf to charitable organisations (*wakaf is a voluntary charitable endowment from one’s personal belongings or wealth in the form of cash or property for pious and religious causes).
  • Guaranteed issuance policy, no health checks needed.
  • Option to add on rider for additional coverage subject to underwriting.

To learn more about Invest future, please visit: www.etiqa.com.sg/personal/investments/invest-future

Hashtag: #EtiqaSingapore

The issuer is solely responsible for the content of this announcement.

Maybank Singapore

Maybank is the fourth largest financial institution group in ASEAN by assets. It has been ranked the Best Bank in Asia Pacific and Singapore by The Banker in 2023; and the number one domestic bank in Malaysia for trade finance, according to the Euromoney Trade Finance survey in 2024.

Maybank Singapore is one of the Group’s largest overseas operations and a Qualifying Full Bank in Singapore. As at 31 December 2023, Maybank’s total assets in Singapore were approximately S$80.26 billion. With strategically located banking branches and over 2,000 employees in Singapore, Maybank is well-positioned to provide highly personalised services and locally-oriented solutions that will deliver more value to customers.

Etiqa Insurance Pte. Ltd. (Etiqa Insurance Singapore)

Protecting customers since 1961, Etiqa Insurance Singapore is a licensed life and general insurance company regulated by the Monetary Authority of Singapore (MAS) and governed by the Insurance Act 1966. The local insurer is the Singapore operating entity of Etiqa Insurance Group – a leading insurance and Takaful business in ASEAN offering life and general insurance and family and general Takaful products through its agents, branches, offices and bancassurance network in the region. Etiqa Insurance Singapore is rated ‘A’ by credit rating agency Fitch for the group’s ‘Favorable’ business profile and ‘Very Strong’ capitalisation.

Etiqa Insurance Singapore is owned by Maybank Ageas Holdings Berhad, a joint venture company that combines local market knowledge with international insurance expertise. The company is 69% owned by Maybank, the fourth largest banking group in Southeast Asia, and 31% by Ageas, an international insurance group with footprints across 16 countries and a heritage that spans over 190 years.

J.Lashes Celebrates 11 Years of Growth, Innovation, and Commitment to Lash Health


SINGAPORE – Media OutReach Newswire – 6 January 2025 J.Lashes, an established name in eyelash care, will celebrate its 11th anniversary on 9 January 2025. Founded in 2013 as a home-based studio, the company has grown into a key player in the eyelash extension industry, with a focus on maintaining lash health while offering innovative eyelash extensions in Singapore.

J.Lashes Outlet in Triple One Somerset
J.Lashes Outlet in Triple One Somerset

A Journey of Growth and Innovation

J.Lashes was founded with the goal of providing high-quality eyelash care while ensuring the health of natural lashes. Starting out in a small studio, the company built a loyal client base due to its personalised approach and high standards of service. Over the years, J.Lashes expanded its expertise, travelling internationally to Taiwan, South Korea, the UK, and the US to learn advanced lash extension techniques.

By 2017, the brand had outgrown its home-based roots and opened its first retail location at The Cathay. This expansion continued with additional locations, including Tanjong Pagar and Wheelock Place. In 2023, J.Lashes consolidated its operations into its flagship store at 111 Somerset, a move aimed at providing customers with an enhanced and more comfortable experience.

Commitment to Lash Health and Care Services

From its early days, J.Lashes has focused on the health of natural lashes, ensuring that every extension applied preserves lash integrity. This emphasis on comfort, durability, and aesthetic quality has contributed to the company’s reputation for offering safe, long-lasting lash enhancements. Over the years, J.Lashes has also built strong relationships with its consumer base, reflecting a commitment to customer satisfaction.

Jenny Liu, Founder of J.Lashes, commented: “Reaching our 11th anniversary is a significant milestone for us. We are grateful for the continued support of our customers and the hard work of our team. This journey has been one of innovation, and we look forward to continuing to improve the lash care experience for all who visit us.

Key Milestones and Achievements

Throughout its development, J.Lashes has achieved notable milestones, including the creation of the TUTU Lash technique and recognition at international lash competitions, such as the 2017 Spanish Lash Art Championship and the 2019 U.S. Miami Lash Competition. These accomplishments reflect the company’s position as a leader in eyelash extensions in Singapore.

In 2024, J.Lashes expanded its product offerings with lash-friendly products such as makeup remover pads and cleansing mousse. These additions support the brand’s commitment to providing a comprehensive approach to lash care, helping customers maintain the health of their lashes beyond eyelash salon visits.

Looking to the Future

As J.Lashes celebrates this milestone, the company remains focused on innovation. Plans include introducing new techniques and eyelash extensions in Singapore to meet the evolving needs of its diverse consumer base.

In celebration of its 11th anniversary, J.Lashes is offering a 20% discount for first-time customers to experience its exceptional services, including the new lightweight lash extensions—Fluffy Blossom Lashes. This limited-time offer invites individuals to explore the brand’s extensive range of premium eyelash extensions and experience first-hand the care and expertise that have made J.Lashes a beloved name in Singapore.
Hashtag: #J.Lashes



The issuer is solely responsible for the content of this announcement.

About J.Lashes

Founded in 2013, J.Lashes is a leading eyelash care studio known for its commitment to the health and enhancement of natural lashes. The brand offers a range of services, with a focus on customer care, comfort, and long-lasting lash health. J.Lashes is headquartered at . As we continue to expand our range of eyelash extensions in Singapore, our core mission remains the same: to provide high-quality, customised eyelash services that celebrate beauty while caring for your natural lashes.

HKVAX and Victory Securities Form Strategic Partnership to Advance Virtual Asset Services in Hong Kong


HONG KONG SAR – Media OutReach Newswire – 6 January 2025 – Hong Kong Virtual Asset Exchange (HKVAX), a virtual asset trading platform licensed by Hong Kong’s Securities and Futures Commission (SFC), and Victory Securities (8540.HK), a licensed financial services provider, today announced the signing of a Memorandum of Understanding (MoU) to establish a strategic partnership aimed at enhancing Hong Kong’s virtual asset ecosystem.

This collaboration aims to explore opportunities in virtual asset brokerage and distribution, combining HKVAX’s robust infrastructure and virtual asset capabilities with Victory Securities’ comprehensive financial services platform and established institutional relationships. Together, the two parties will explore opportunities in RWA and tokenization and build a robust ecosystem with the primary goal of increasing opportunities for virtual asset distribution. It will also provide investors with access to high quality, efficiently managed tokenization assets.

“This strategic partnership with Victory Securities represents a significant step forward in our mission to advance Hong Kong’s virtual asset ecosystem,” said Dr. Anthony Ng, Co-Founder and CEO of HKVAX. “By combining our technological expertise with Victory Securities’ deep understanding of traditional financial markets and strong institutional relationships, we are well-positioned to deliver innovative, compliant virtual asset services that meet the sophisticated needs of today’s investors.”

“Our collaboration with Victory Securities comes at a pivotal time in Hong Kong’s development as a virtual asset hub,” said Sam Fok, Co-Founder and COO of HKVAX. “We will work to bridge the gap between traditional finance and virtual assets, creating a more integrated and accessible financial ecosystem for our clients while maintaining the highest standards of security and compliance.”

Victory Securities, with over five decades of market presence, brings extensive expertise in regulated financial activities and a deep understanding of institutional client needs. This collaboration with HKVAX demonstrates both companies’ commitment to fostering innovation within Hong Kong’s regulated virtual asset space.

‘Victory Securities is committed to becoming a diversified virtual asset trading platform. This partnership is expected to provide the joint licensed exchanges with unique virtual asset investment opportunities in the market, further drive market development and maintain competitiveness in the global virtual asset market.’ said Kennix Chan, Deputy Chief Executive Officer of Victory Securities.

The partnership represents a significant step in Hong Kong’s virtual asset ecosystem, combining established financial expertise with virtual asset capabilities. Both companies look forward to collaborating on innovative solutions that will benefit investors and contribute to the sustainable growth of Hong Kong’s virtual asset market.
Hashtag: #HKVAX

The issuer is solely responsible for the content of this announcement.

About HKVAX

Hong Kong Virtual Asset Exchange (HKVAX) is a virtual asset trading platform licensed by Hong Kong’s Securities and Futures Commission under Type 1 (Dealing in securities) and Type 7 (Providing automated trading services), along with the Anti-Money Laundering and Counter-Terrorist Financing Ordinance (AMLO) licence. HKVAX aims to be a key global player in virtual finance, headquartered in Hong Kong.

Beyond OTC trading, exchange, and custody services, HKVAX focuses on Security Token Offerings (STO) and Real-World Asset (RWA) tokenization. It combines traditional finance with blockchain technology to serve institutional and professional investors.

HKVAX prioritizes security and compliance. It actively cooperates with regulators to promote industry standards and forms strategic alliances with brokers, Money Service Operators (MSOs), Exchange Traded Fund (ETF) issuers, and other platforms to build a compliant virtual asset ecosystem. Through these efforts, HKVAX drives Hong Kong’s financial innovation and advances the global virtual asset market.

For further information, please visit:

About Victory Securities

Victory Securities (stock code: 8540.HK), with over 50 years of history, is a comprehensive full- licensed securities firm licensed by the Securities and Futures Commission, with regulated activities under Type 1, Type 2, Type 4, Type 6, and Type 9. Investors can enjoy Victory Securities’ comprehensive financial services, including Hong Kong and global securities trading, first and second market securities financing, corporate financing (capital markets and bond capital markets), wealth management in various fields. In 2023, Victory Securities became the first and currently only licensed entity in Hong Kong to hold virtual asset trading, advisory, and asset management service licenses issued by the Securities and Futures Commission.

For further information, please visit:

Wi Ha-jun of Spackman Equities Group Entertainment Subsidiary, MSteam, Reprises Role in Second Season of Squid Game, Netflix’s Biggest TV Debut Ever

  • International star Wi Ha-jun of MSteam, an indirect wholly-owned subsidiary of Spackman Equities Group, returned to his role in the second season of SQUID GAME, which is fast breaking historical records – topping charts in 93 countries including Canada, US, Philippines, Japan, France, Thailand, Indonesia and Australia, hitting 68 million views and recording nearly 500 million hours watched on Netflix.
  • Spackman Equities Group anticipates that the global success of the series will raise Wi Ha-jun’s global branding, translating into an increased financial contribution to the overall value of Spackman Equities Group.

Toronto, Ontario–(Newsfile Corp. – January 3, 2025) – Spackman Equities Group Inc. (TSXV: SQG) (“SQG” or the “Company“) is pleased to announce that Wi Ha-jun of MSteam Entertainment Co., Ltd. (“MSteam“), an indirect wholly-owned subsidiary of the Company, reprised his role in the second season of the #1 global hit series, SQUID GAME, which is setting historic records as the most-watched content and largest TV drama ever on Netflix in its first week of release.

Starring Wi Ha-jun of MSteam, the premiere of the second season of SQUID GAME topped charts in 93 countries including Canada, US, Philippines, Japan, France, Thailand, Indonesia and Australia, and hit 68 million views on Netflix, according to Forbes[1] and Variety[2] respectively. Notably as reported on The Korea Economic Daily[3], the series broke the record set by the first season of SQUID GAME, exceeding Netflix’s highest first week viewership and recording nearly 500 million hours worldwide since its premiere on December 26 last year. It has been predicted by K Enertech Hub, a media research institute, that the drama will generate at least an estimated 1.5 trillion Korean Won[4] in profit when calculated by substituting with the trend portrayed in the first season of SQUID GAME, which took eight days to rank #1 in 93 countries. The second season of SQUID GAME has remarkably been ranked as Netflix’s all-time most popular non-English TV show category on a cumulative basis. Forbes also recently reported that this season will be as successful as the first season based on social media data.

Wi Ha-jun became a worldwide sensation with his role as Hwang Jun-ho, a policeman in the first season of SQUID GAME. The series achieved the highest viewership in Netflix’s history, drawing 111 million subscribers and winning the ‘Breakthrough Series – over 40 minutes’ category at the 31st Gotham Awards. Notably, director Hwang Dong-hyuk won the Emmy Award for Best Director for the drama.

The second season of SQUID GAME was nominated on December 9 for Best Television Drama at the upcoming 82nd Golden Globes in early January. Prior to the official release, the largest overseas preview and fan event was held in Hollywood, Los Angeles, on December 12. In addition, a large model of ‘Younghee’ from the series was installed at Gwanghwamun Square in Seoul on December 16, ahead of the Seoul Winter Festa, generating significant public interest.

Alongside the original cast comprising Wi Ha-jun, Lee Jung-jae, Lee Byung-hun and Gong Yoo, new cast members Im Si-wan, Kang Ha-neul, Park Sung-hoon, Yang Dong-geun, Jo Yu-ri, Lee Jin-wook, and Noh Jae-won joined the second season of SQUID GAME. Netflix has also announced that the third season of SQUID GAME is slated for release next year.

A spokesperson for the Company stated, “With SQUID GAME 2 topping the charts in over 90 countries, we anticipate that there will be a notable increase in Wi Ha-jun’s overall brand and commercial value, enabling MSTeam to procure more lucrative projects for its artist. We anticipate that this will contribute to MSTeam’s financial performance for the coming year, enhancing its enterprise value. We hope to reflect such growth of our entertainment subsidiary to the overall value of Spackman Equities Group”.

Wi Ha-jun most recently starred in the popular romance K-drama series THE MIDNIGHT ROMANCE IN HAGWON, which ranked first for its timeslot in Korea in May 2024. The drama is available for streaming on over-the-top platforms such as TVING in Korea, US-based Viki and Hong Kong-based Viu in selected regions. THE MIDNIGHT ROMANCE IN HAGWON is directed by Ahn Pan-seok, who previously collaborated with Wi Ha-jun in the hit love series SOMETHING IN THE RAIN (2018), headlined by iconic Korean actress Son Ye-jin of MSteam.

Previously, Wi Ha-jun of MSteam starred in original crime action drama series THE WORST OF EVIL (2023), which premiered exclusively on Disney+ and was ranked #1 in Korea, #2 in Singapore and Top 10 in Japan, Hong Kong, Taiwan and Turkey in October 2023, based on FlixPatrol, a website that monitors streaming ratings worldwide.

In December last year, Wi Ha-jun won the rising star award in the 2023 Korea First Brand Awards, following his chart-topping Netflix drama, LITTLE WOMEN (2022), which was filmed in Singapore and Korea. According to Flixpatrol.com, the drama took the top spot in Taiwan, Indonesia and Japan and ranked 8th globally on Netflix as of October 8, 2022.

In February 2022, he was selected as the South Korea ambassador for Swiss luxury watchmaker, TAG Heuer. He was also appointed as the ambassador for his hometown, Wando-gun of South Korea in January 2022.

Wi Ha-jun of MSteam starred in the popular K-drama BAD AND CRAZY (2021), which reached first place in viewership ratings for consecutive weekends after its release on 17 December 2021. He also acted in the film MIDNIGHT (2021), which won the Best Feature Award at the 13th British Grimfest Film Festival.

In addition to Wi Ha-jun, MSteam also represents iconic Korean actress Son Ye-jin, who starred in the hit romance drama CRASH LANDING ON YOU (2020) and SOMETHING IN THE RAIN (2018), and top actress Lee Min-jung, who won the Top Excellence Award at the 2020 APAN Star Awards.

On behalf of the Board of Directors of Spackman Equities Group Inc.:
Kay Na, Director
424 888-3370
kan@spackmangroup.com

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.


[1] Forbes, ‘Squid Game’ Season 2 Just Broke A Huge Netflix Record, https://www.forbes.com/sites/paultassi/2024/12/29/squid-game-season-2-just-broke-a-huge-netflix-record/, 29 December 2024

[2] Variety, ‘Squid Game’ Season 2 Opens With 68 Million Views, Netflix’s Biggest TV Debut Ever, https://variety.com/2024/tv/news/squid-game-season-2-ratings-views-netflix-1236262980/, 31 December 2024

[3] The Korea Economic Daily, “최소 1조5000억”…전세계 공개 ‘오겜2’ 결국 또 일냈다, https://www.hankyung.com/article/2025010196007, 1 January 2025

[4] Approximately USD1 billion @ exchange rate of USD1:KRW1,467

The issuer is solely responsible for the content of this announcement.

First female pilot in China’s Xizang (Tibet): Breaking boundaries in a male-dominated sector


BEIJING, CHINA – Media OutReach Newswire – 4 January 2025 – A large number of Chinese women are breaking the glass ceiling to enter professions that were previously dominated by men. The first female pilot recruited by the People’s Liberation Army (PLA) Air Force in China’s Xizang (Tibet) Autonomous Region has attracted wide attention.

image-1.jpeg

According to data from the National Bureau of Statistics (NBS) of China, the labor force participation rate of Chinese women has risen from 7.5 percent in 1949 to 61.1 percent in 2023. In recent years, a large number of women have played important roles in manufacturing, service, high-tech, and green industries, etc. They not only promote economic development in traditional fields but are also doing “male jobs”, with the number of female pilots, academicians, entrepreneurs, and diplomats on the rise.

Kelsang Pedron, a woman of the post-2000 generation, i.e., youths born from 2000 to 2009 in China, is the first female pilot from Xizang (Tibet) Autonomous Region recruited by the PLA Air Force. She has had a dream of “flying into the blue sky” since childhood. In Kelsang Pedron’s eyes, gender is no longer an obstacle on the road for women to pursue dreams. She went through the same rigorous selection and training as her male classmates before becoming a qualified fighter pilot.

“I had undergone an entire selection process and procedures to get this far, and I was determined to excel and not to be eliminated, so I studied very hard,” she said.

Kelsang Pedron has successfully completed a single test flight for a fighter aircraft, delivering excellent results in this stage of training. She said that flying has become a goal from merely a passion at the very beginning.

“I should train hard to become a fighter pilot to protect the blue skies of our motherland,” said Kelsang Pedron.

At present, there are more and more female college graduates like Kelsang Pedron. For their diverse employment needs, the Chinese government has also put forward many support measures. In September 2024, the Communist Party of China Central Committee and the State Council unveiled a set of guidelines to promote high-quality and sufficient employment by implementing the employment-first strategy, which proposed to safeguard the legitimate rights and interests of women in employment and entrepreneurship, career development, skills training, occupational health, and safety, etc., and build a birth friendly employment environment.

Hashtag: #ChinaNewsService

The issuer is solely responsible for the content of this announcement.

GWM’s Hi4 Off-Road Family Takes Over LIWA: A Journey Through Adventure and Innovation


BAODING, CHINA – Media OutReach Newswire – 3 January 2025 – 28th December, 2024, at the prestigious LIWA Hero Festival in the Middle East, GWM’s TANK 500 Hi4 Z edition lead the charge and made a bold and unforgettable entrance, capturing the attention of off-road enthusiasts and global fans alike. Through an exciting series of events, numbers of renowned KOLs and influencers as they embark on a journey with the GWM off-road family, showcasing the brand’s unmatched off-road capabilities and celebrating its groundbreaking Hi4-Z technology. This experience transcends mere driving—it’s a testament to China’s leadership in off-road innovation, creating a new standard in the global off-road community.

GWM’s Hi4 Off-Road Family Takes Over LIWA: A Journey Through Adventure and Innovation
GWM’s Hi4 Off-Road Family Takes Over LIWA: A Journey Through Adventure and Innovation

In the golden sands of the Liwa Desert, where the dunes stretch as far as the eye can see, the 2024 Liwa Hero Festival became the stage for Great Wall Motor (GWM) to redefine off-road excellence. With the TANK 500 leading the charge, GWM once again demonstrated its commitment to pushing the boundaries of innovation, proving that Chinese engineering is a force to be reckoned with on the global stage.

This year’s festival brought together off-road enthusiasts, automotive experts, and influencers from across the globe. Amid the desert’s demanding terrain, the TANK 500 emerged as a star, showcasing its advanced Hi4-Z hybrid platform and delivering an awe-inspiring performance that sparked global conversations across social media.

The Liwa Desert: A Test of True Off-Road Prowess

The Liwa Desert, nestled in the UAE, is home to some of the world’s most challenging off-road terrains. Renowned for its towering sand dunes like the iconic Moreeb Dune, also known as the “Tall Hill,” this desert offers a unique blend of natural beauty and extreme difficulty. Moreeb Dune rises to over 300 meters, with a slope gradient exceeding 50 degrees, making it a true test of any vehicle’s capability. Other formidable challenges include: Sabkha (Salt Flats): These deceptive, flat surfaces demand high traction control and stability due to their soft, shifting layers. Slip Faces: Sudden drops and steep inclines require precise torque distribution and power management. Deep Sand Traps: These stretches test a vehicle’s ability to maintain momentum without losing traction. Each of these features makes the Liwa Desert an unforgiving environment, ideal for proving the mettle of GWM’s off-road vehicles.

The TANK 500 turned heads at the festival, not only for its commanding design but also for its revolutionary Hi4-Z hybrid platform, which has redefined what an off-road vehicle can achieve. As the first platform of its kind, Hi4-Z combines raw power with cutting-edge hybrid efficiency, tailored specifically for extreme conditions.

Moreeb Dune, one of the most famous and steepest dunes in the Liwa Desert, rises at an almost vertical angle of 50 degrees. It’s here that the TANK 500’s Hi4-Z system truly shines, effortlessly climbing steep inclines and tackling the toughest sand conditions with its strong torque and power output. The Hi4-Z system delivers a combined power output of 715 kW, allowing the TANK 500 to accelerate from 0 to 100 km/h in just 4 seconds. This power, paired with a 3-speed DHT transmission, ensures seamless gear shifts and optimal performance across various terrains.

As the convoy ventures through the desert, deep sand pits, sand dune valleys, and rapid dune crossings test both the vehicles’ capabilities and the drivers’ skills. The TANK 500, with its advanced suspension system and Hi4-Z hybrid system, absorbs the shock of the deep sand valleys, providing a smooth and stable ride even in the most unpredictable conditions. The Hi4-Z platform’s torque distribution between the electric and combustion engines ensures that no terrain is too difficult to navigate. With a pure electric range of 200+ km, the TANK 500 offers an eco-friendly yet powerful solution for extended adventures. Its fast-charging capability adds 120 km of range in just 15 minutes, ensuring minimal downtime during long off-road expeditions.

Next, the spotlight shifts to the Moresha Dune Challenge, where the TANK 500 leads the pack, charging ahead with its striking red exterior. As it takes on the famous dunes, KOLs drove TANK 500s to take on some of the most challenging off-road conditions. The TANK 500’s remarkable performance is on full display, easily outpacing other vehicles, thanks to the TANK 500’s body-on-frame body structure and high-strength chassis, as they were critical in tackling steep inclines and uneven surfaces, providing unmatched durability and stability in the harsh desert environment. Meanwhile, a high-density 234 Wh/kg lithium-ion battery, the Hi4-Z platform supports superior energy efficiency and discharge power, outperforming other plug-in hybrid vehicles in its class.

Celebrating the Off-Road Family: A Festival of Innovation and Unity

The Liwa Hero Festival also provided a platform to showcase GWM’s full range of off-road vehicles, including the TANK 300, HAVAL H9, and POER series. Each model highlighted GWM’s commitment to creating vehicles that cater to diverse off-road needs, from family-friendly adventures to professional-grade challenges.

One of the event’s most anticipated moments is the User Gala, where key GWM executives, take the stage to discuss the brand’s achievements and future. As the leaders highlight the impact of GWM’s off-road family and the success of the TANK 500, KOLs share their thoughts, recapping the most memorable moments of the event.

The festival kicked off with a comprehensive exhibition of GWM’s off-road family. Influencers and KOLs provided real-time reviews, delving into the design, performance, and technological advancements of the TANK 500 and its siblings. Attendees also had the chance to interact with GWM’s technical experts, gaining insights into the mechanics behind the Hi4-Z and Hi4-T platforms.

Over 28 GWM vehicles formed a convoy, parading through the dunes and creating an awe-inspiring spectacle. The convoy’s finale featured the vehicles forming the GWM logo, symbolizing unity and innovation—a moment that quickly went viral online. The highlight of the festival saw the TANK 500 take on the legendary Moresha Dune. With its iconic red finish, the vehicle led the pack, climbing the steep incline effortlessly, thanks to its exceptional torque and power distribution. This feat solidified the TANK 500’s reputation as a true off-road champion. GWM invited enthusiasts and vehicle owners to share their personal off-road stories, creating a sense of community and global connection. Their tales, combined with live demonstrations, showcased the TANK 500’s versatility in real-world scenarios. The festival concluded with a vibrant gala, featuring local music, cuisine, and a campfire gathering. GWM executives emphasized the company’s vision for global collaboration and cultural exchange, ensuring that the TANK 500 represents not just technology but also a bridge between diverse communities.

The success of the TANK 500 at the Liwa Hero Festival marks a turning point in how Chinese vehicles are perceived globally. GWM is not merely exporting products; it is sharing a vision of off-road culture that resonates with enthusiasts worldwide.

From the deserts of the Middle East to the rugged trails of Australia and the forests of North America, GWM is integrating localized insights into its vehicle designs. This global approach ensures that each model meets the unique demands of its market while preserving its core identity as a high-performance off-road machine. As GWM continues to innovate, the TANK 500 and the Hi4-Z platform represent only the beginning of a broader strategy to lead the global off-road market. By embracing a philosophy of long-termism and professional dedication, GWM is setting new standards for hybrid technology, sustainability, and user experience.

What’s Next for GWM?

– Diverse Powertrain Options: Expanding the Hi4-Z platform to include more solutions in the Hi4 Tech Family, catering to a wide range of user preferences and environmental needs.

– Global Expansion: Establishing localized manufacturing and service centers, ensuring that GWM’s vehicles and expertise are accessible to enthusiasts worldwide.

– Community Building: Strengthening the bond between GWM and its users through immersive experiences like the Liwa Hero Festival, fostering a global community of off-road enthusiasts.

The TANK 500’s triumphant performance at the Liwa Hero Festival is more than just a milestone for GWM; it’s a call to action for off-road enthusiasts worldwide. Whether you’re scaling dunes, navigating forests, or embarking on urban adventures, GWM invites you to be part of a journey where innovation meets passion and where every terrain is a new opportunity to push boundaries.

Stay connected with GWM for more updates on its groundbreaking vehicles and initiatives. Together, we’re not just driving change—we’re redefining the future of off-roading.

Learn more: https://youtu.be/Dq3Ffni3-OU?si=Bm7JKMfYl_me9GK2

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