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2024 World Manufacturing Convention Promo: Smart Manufacturing, Creating a Better Future

HEFEI, CHINA – Media OutReach Newswire – 30 August 2024 – “Smart Manufacturing, Creating a Better Future” — the 2024 World Manufacturing Convention is scheduled to take place from September 20 to September 23 in Hefei, Anhui Province, China. This year’s convention will focus on the new stage of development, fully embracing new development strategies, and integrating into the global economic landscape. The convention aims to establish itself as a vital platform for promoting the growth of emerging industries, advancing future industries, and accelerating the development of innovative production capabilities. It will contribute significantly to building a stronger manufacturing sector and fostering international collaboration and success in the global manufacturing community.

Video link: https://youtu.be/0X3AvklmGFg
Video link: https://youtu.be/0X3AvklmGFg

This year, the World Manufacturing Convention will highlight the progress and achievements in manufacturing over the 75 years since the founding of the People’s Republic of China. The event will feature several key exhibition sections, including the Prelude Hall, “Made in China” showcase, International Exhibits, Guest of Honor Province (City) Exhibition, Anhui Province’s achievements in industrial modernization, exhibitions on high-quality manufacturing development in other regions, and displays of new energy intelligent vehicles and drone demonstrations.

The convention will bring together representatives from key national organizations, industry associations, research institutions, and leading manufacturing companies from around the world. Participants will present a series of authoritative reports, innovative developments, industry indices, white papers, case studies, and application scenarios, all focused on the future of manufacturing.

This year’s convention will also leverage digital technologies to create an interactive hybrid experience. By using virtual exhibitions and smart interactive tools, the convention will stream major events online, including the opening ceremony, exhibitions, releases, and networking sessions.

Approximately 1,000 distinguished guests are expected to attend this year’s World Manufacturing Convention, including around 500 international representatives. Attendees will include foreign dignitaries, ministers, representatives from guest countries and international provinces or cities, diplomats from embassies and consulates in China; officials from various Chinese government ministries and provinces; leaders from international organizations, CEOs, and senior executives of Fortune 500 companies and multinational corporations, top executives from leading manufacturing firms, representatives from business associations and investment institutions, as well as renowned scholars and experts.

For more information visit the video link: https://youtu.be/0X3AvklmGFg
Hashtag: #WorldManufacturingConvention

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

Laos Ranks Among Top Three Travel Spots for Thai Tourists, New Survey Shows

Laos Ranks Among Top Three Travel Spots for Thai Tourists, New Survey Shows
Luang Prabang earned a spot on Time magazine's list of the 50 greatest places to visit

Laos has emerged as one of the top three destinations for Thai travelers, according to the latest Agoda’s Return Visitor Ranking. The survey highlighted that Laos, alongside Japan and Taiwan, has won the hearts of Thai tourists, who are drawn back by its local cuisine, cultural richness, and convenient accessibility.

Blue Chair Film Festival Returns to Luang Prabang

Luang Prabang will once again host its biennial film festival, previously known as the Luang Prabang Film Festival (LPFF), now rebranded as Blue Chair.  With a rich history of connecting regional filmmakers, supporting the Lao domestic film industry, and presenting a free, curated selection of contemporary Southeast Asian film, Blue Chair has been a force in the region for more than 12 years.

This year’s festival is officially scheduled to take place from 5-9 December, across three different venues in the city. As is customary, the entire five-day event will be free-of-charge and completely open to the public for attendance, with the full program schedule to be available as a downloadable app for easy accessibility. In addition to the films presented, this year’s festival will include panels and discussions, live evening performances, as well as special screenings and discussions around these additions.

The visual theme of this year’s festival will feature the iconic gecko as a regional mascot, paying homage to the rich biodiversity of Laos.

Blue Chair Film Festival flyer 2024. (Supplied)

As always, official selections for the program were made by filmmakers and critics from across Southeast Asia and represent a curated selection of the finest contemporary films from their respective nations. This year, Blue Chair expects to showcase a slate of films from at least 10 of 11 regional countries, including Laos, Thailand, Vietnam, the Philippines, Myanmar, Brunei, Singapore, Cambodia, Indonesia, and Malaysia. By working with regional expert curators with an inside understanding of their communities’ film scenes, Blue Chair presents a unique program that consistently delivers some of the strongest voices from across the region.

Once again, filmmakers will join in-person for the event. Blue Chair has become well-known as a unique forum for regional professionals to network internationally and exchange diverse ideas and experiences.

Founded in 2009, Blue Chair, originally known as the LPFF, is an annual celebration of Southeast Asian cinema held in Luang Prabang, Laos. This not-for-profit initiative promotes cross-cultural dialogue and supports the Lao film industry through cultural events, educational activities, and the Lao Filmmakers Fund, which offers grants to help Lao artists realize their film projects.

Among the festival’s supporters this year are The Asia Foundation, Heinrich Böll Stiftung Southeast Asia, Laos Buffalo Dairy, and EXO Travel. The event is produced in collaboration with the Luang Prabang Department of Culture, Information, and Tourism. Longtime hotel partners across Luang Prabang are also supporting the event, in addition to local businesses, community organizations and individual donors. Blue Chair is also a fiscally sponsored project of Film Independent, a US-based non-profit independent media arts organization.


Information provided by Blue Chair Film Festival

LOCA MINI Transforms Urban Mobility in Laos

Loca Mini. Photo supplied.
LOCA MINI is transforming urban mobility in Laos with its launch of a sleek, all-electric, and highly affordable ride-hailing service. This compact vehicle is not just a new addition to LOCA’s fleet but a revolutionary step towards sustainable transportation.

JustMarkets Nominated for UF AWARDS APAC 2024


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 30 August 2024 – A globally recognized multi-asset broker, JustMarkets is honored to be valued by clients and experts in the field and has been nominated for the prestigious UF AWARDS APAC 2024. This nomination is a testament to the company’s dedication and hard work in the online trading industry, as recognized on such a prominent platform.

JustMarkets UF Awards 2024

The UF AWARDS APAC highlights outstanding achievements in the fintech and online trading sectors, providing traders and businesses with industry examples of the best companies to trade and do business with. The shortlist of nominees is based on customer experience and partner feedback, which inspires JustMarkets to strive for higher standards and expand our offerings to meet the diverse needs of traders worldwide.

JustMarkets invites everyone to support and vote from 26.08 to 06.09 at the UF AWARDS APAC 2024:https://uf-awards.com/apac2024/

Let’s achieve this milestone together.

Hashtag: #JustMarkets #UFAwards #APAC #2024







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

JustMarkets

JustMarkets is a globally recognized multi-asset broker providing reliable and transparent trading services since 2012. The company has earned over 50 industry awards, highlighting its excellence in the financial sector. JustMarkets offers a diverse array of trading instruments, including forex, stocks, commodities, indices, metals, energies, and cryptocurrencies, serving clients in over 160 countries.

The company is renowned for its competitive pricing, featuring low spreads and zero commissions. JustMarkets caters to both new and experienced traders by providing a wide range of services designed to enhance their trading experience.

Vizzio Technologies Awarded World’s First Patent for GeoSpatial 3D Mapping Using Satellite Images and AI


SINGAPORE – Media OutReach Newswire – 30 August 2024 – Vizzio Technologies Pte Ltd has been awarded a groundbreaking patent by the United States Patent and Trademark Office (USPTO), marking a significant milestone in the field of 3D city mapping. This world-first patent recognises Vizzio Technologies for its innovative integration of 2D satellite imagery and state-of-the-art AI technology to produce highly detailed and geometrically accurate 3D city models.

Vizzio Technologies - First Patent for GeoSpatial 3D Mapping

The patent, granted exclusively to Vizzio Technologies, encompasses 15 novel methods and claims that outline their unique process of converting 2D satellite images into comprehensive 3D city models. This pioneering technology eliminates the need for drones or planes, establishing a new benchmark for 3D city mapping. It represents a pivotal component of Vizzio’s AI modelling pipeline, setting a new standard in the industry.

In addition to this landmark patent, Vizzio Technologies has also received a second patent, further solidifying its position as a leader in advanced 3D mapping technologies. The second patent underscores Vizzio’s commitment to delivering precise and photorealistic digital twins of urban environments. This capability was exemplified by Vizzio’s recent project where the entire city of Bahrain, covering 785 square kilometres, was modelled in under one month, demonstrating the efficiency and accuracy of their technology.

The combination of these patents signifies a major advancement for Vizzio Technologies, enabling the company to offer LIVE 3D real-time digital twins through their Polytron.AI platform. This technology enhances various applications, including urban planning, environmental sustainability, and defence. Vizzio’s innovations effectively merge physical and virtual worlds, creating a unified solution for diverse real-world applications.

These achievements by Vizzio Technologies not only highlight their past successes but also set the stage for future innovations and collaborations. The patents are a testament to Vizzio’s dedication to pushing the boundaries of 3D city mapping and digital twin technology.
Hashtag: #VizzioTechnologies #POLYTRON.AI #AITechnology #3DMapping


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

Vizzio Technologies

Vizzio Technologies leads the world in creating detailed 3D city models using satellite imagery and AI. We produce immersive digital twins of cities globally, integrating multi-resolution data and machine learning for real-time insights and modelling. Established in 2020, we have mapped over 1 million square kilometres of urban space, filed 34 patents, and saved 75% of time compared to traditional methods. Our goal is to deliver dimensionally accurate, photorealistic digital twins for every city on Earth, supporting a range of applications from urban planning to security.

International Big Data Industry Expo Opens in Southwest China


GUIYANG, CHINA – Media OutReach Newswire – 29 August 2024 – The China International Big Data Industry Expo 2024 opened on Wednesday in Guiyang, southwest China’s Guizhou Province, attracting over 21,000 guests and 414 domestic and international companies to participate.

People walk outside the venue of the China International Big Data Industry Expo 2024 in Guiyang, southwest China's Guizhou Province
People walk outside the venue of the China International Big Data Industry Expo 2024 in Guiyang, southwest China’s Guizhou Province

“After a decade of development, the expo has emerged as a crucial platform in the country’s data field, leading innovation trends, showcasing industry achievements and promoting opening-up and cooperation,” Liu Liehong, head of the National Data Administration, said at the opening ceremony.

This year’s expo, themed “Smart Digital Technology Shapes Thriving Digital Economy,” spans an exhibition area of 60,000 square meters and consists of six main sections.

The expo’s participants include domestic industry leaders such as Huawei, Alibaba, Tencent, Baidu and JD.com, as well as 77 overseas companies from over 30 countries and regions, including the United States, Germany and Canada.

The companies will showcase their cutting-edge digital technologies, solutions, and innovative applications across various fields.

Over 90 activities, including 25 industry exchange events, are expected to be held on the sidelines of the expo that will run through Friday.

Hashtag: #ChinaInternationalBigDataIndustryExpo2024

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

YesAsia Holdings 2024 Interim Net Profit Rises Sixfold to US$11.1 Million Total Revenue Up by 80.2% to US$163.35 Million

Sustaining Momentum Fueled by Robust Global Demand for K-Beauty Products

Results Highlights
  • Revenue and net profit grew 80.2% to US$163.35 million and 610.6% year-on-year to US$11.1 million respectively, hitting first-half year historical high
  • Revenue from beauty products, in particular Korean beauty (“K-Beauty”) products, increased 113.9% to US$149.4 million, contributing 91.4% of the Group’s total revenue
  • While the US remained as the largest market, European Union became the largest contributor to the revenue growth of the Group with a growth rate of 114.1%; sales in the EU contributed 30.5% to the Group’s revenue, reaching US$49.8 million
  • The Middle East and Latin America also demonstrated strong growth momentum, with growth rate of 204.0% and 587.1%, reaching US$9.7 million and US$5.2 million, respectively
  • The Business-to-Customer (B2C) YesStyle Platforms recorded revenue of US$125.1 million, up 75.1%, contributing 76.6% of the Group’s total revenue and ranked as No.1 most visit website for Asian beauty products in many major overseas markets
  • The Business-to-Business (B2B) platform AsianBeautyWholesale continued its rapid growth trajectory, with revenue up by 112.1% to US$37.0 million, contributing 22.6% of the Group’s total revenue
  • The YesStyle Influencer Program exhibited robust growth, with approximately 365,000 unique influencers across various social media platforms, as at the end of June 2024, contributing 27.2% of revenue to YesStyle Platforms

HONG KONG SAR – Media OutReach Newswire – 29 August 2024 – YesAsia Holdings Limited (“YesAsia Holdings”, and together with its subsidiaries, the “Group”) (stock code: 2209), a leading e-commerce platform operator recognized for its expertise in identifying and procuring quality Asian beauty and lifestyle products, today announced its unaudited interim results for the six months ended 30 June 2024 (the “Period” or “1H 2024”).

For 1H 2024, the Group recorded historical high first-half revenue of US$163.35 million, up by 80.2%, mainly driven by the rise in sales of beauty products via the YesStyle and AsianBeautyWholesale platforms. Gross profit rose by 78.1% to approximately US$50.2 million and gross profit margin was 30.7%. As a result, profit for the Period reached US$11.1 million, an increase of 610.6%, and net profit margin steadily improved by 5.1 percentage points to reach 6.8%. The basic earnings per share was US2.80 cents (1H2023: US0.39 cent).

Enhance K-Beauty Portfolio with Expanded Offerings

Beauty products were the primary source of revenue for the Group in the Period, with revenue doubling that in the same period last year to US$149.4 million, accounting for 91.4% of the Group’s total revenue. Also, the Group onboarded few more prestigious brands, Mamonde and B.READY under Amorepacific Corporation, CARE PLUS under CJ Olive Young Corporation, plus Belief and CNP Laboratory under LG Household & Health Care. In addition, the Group became the exclusive distributor of a well-known K-Beauty brand — Too Cool for School, in the US market, operating across both B2C and B2B channels. Positioned as an authorized distributor of 466 K-Beauty brands for global B2B and B2C channels, the Group has strengthened its position as a premier destination for capturing a burgeoning consumer base, as well as for overseas enterprises to seek high-quality Asian beauty products to grow their business.

Unlock Global Growth through Innovative Digital Marketing Initiatives

During the Period, US remained the largest market of the Group, accounting for 35.4% of the Group’s total revenue and a growth rate of 42.4% as compared to the Prior Period. Meanwhile, European Union recorded a high growth rate of 114.1%, with revenue reaching US$49.8 million, contributing 30.5% of the Group’s total revenue, followed by United Kingdom at 7.2% and Canada at 6.0%. The enlarging market share of the Group was partly attributable to its innovative digital marketing strategy leveraging influencers for the B2C platform starting in 2022. With the total number of unique influencers increasing, revenue generated from influencer referrals during the Period amounted to US$33.9 million, up by 115.2%, contributing 27.2% of the B2C platform’s revenue.

Currently, the Group’s B2C platform tops in traffic among Asian beauty shopping platforms in major overseas markets, such as the US, the UK, Canada, Australia, France, Germany, Italy and Spain.[1] To cater to a wider geographical distribution of customers, YesStyle is available in a variety of languages, including Chinese, English, French, German, Spanish, Italian, and Dutch. In addition, the Arabic language website was launched in August 2024. Meanwhile, partnering with influencers, who share the same characteristics of the target K-Beauty product customer group, across various platforms, such as Instagram, TikTok, and YouTube, has not only elevated the market dominance of the Group’s B2C platform, but also increased its global exposure cost-effectively.

Meet Surging Customer Demand with an Additional Logistic Hub

In addition to the current autonomous mobile robotics (AMR) warehouse and fulfillment center in Hong Kong, the Group also established three overseas warehouses in the US, the UK and Germany for its B2B channel. To keep pace with the booming K-Beauty market, the Group is expanding its fulfillment capacity with a second AMR warehouse at the Mapletree Logistics Hub in Hong Kong, which will commence operations in Q1 2025. Drawing on the proven experience of the current fulfillment center, the new highly-automated facility will enable the Group to increase operational efficiency and fulfillment capacity with relatively less manpower, thereby satisfying rapidly growing customer demand across its e-commerce platforms.

Mr. Joshua Lau, Founder, Executive Director and Chief Executive Officer, said: “YesAsia Holdings is deeply honored to have the trust of many K-Beauty brand partners and is delighted that, during the Period, thanks largely to those partnerships, we made historical high first-half year revenue and profits. The Group has entered the expansion phase, not only capable of reaching to new promising markets via our B2C platforms and bolster the strength of our digital marketing strategy through the influencer program, but is also opening the door through its B2B platform for more overseas companies to harness the global surge in demand for K-Beauty products. Looking ahead, we remain steadfast in our vision to be ‘the go-to e-commerce gateway for leading Asian brand partners seeking to reach a global audience’, and will continue to strengthen our competitive brand portfolio, digital marketing strategy and fulfillment capabilities, so as to return value to our stakeholders in the long run.”


[1] Global Online Retailing Industry Independent Market Research by Frost & Sullivan in 2023. Traffic includes both Web and App traffic.

Hashtag: #YesAsia #YesAsiaHoldings

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

About YesAsia Holdings Limited (stock code: 2209)

Established in 1997, YesAsia Holdings is a leading e-commerce platform operator recognized for its expertise in identifying and procuring quality Asian beauty, fashion, lifestyle and entertainment products. Headquartered in Hong Kong, the Group deliver products promptly and efficiently to a global audience through its strong ties with over 400 leading Asian beauty brand and supplier partners. The Group operates three major e-commerce platforms: YesStyle, an e-commerce B2C platform for serving the increasingly popular Asian beauty, fashion and lifestyle products, particularly Korean beauty products; AsianBeautyWholesale, a B2B platform for Asian beauty products; and YesAsia, an e-commerce retail platform for entertainment products. Effective at the close on 30 August 2024, YesAsia Holdings will be included as a constituent in the MSCI Hong Kong Micro Cap Index.

For more information, please visit the Group’s official website: