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BBSB International Limited Proposes Listing on GEM of HKEx to raise a maximum of approximately HK$87 million by way of Share Offer


Highlights

  • An established civil engineering contractor in Malaysia specialised in providing bridge engineering services as a subcontractor for large scale transportation infrastructure, with over 16 years of experience.
  • Provides 2 main types of services: (i) bridge engineering works and (ii) flood mitigation works.
  • Holds the highest grade of contractor licence under the CIDB – Grade G7 qualification in Category CE (Civil Engineering Construction), Category B (Building Construction) and Category ME (Mechanical and Electrical) in Malaysia, which allows the Group to undertake civil and structural works of unlimited tender/contract value.
  • The Group mainly provides services in projects owned or initiated by the government or government-linked companies in Malaysia, and has participated in a number of notable projects, such as Eastern Dispersal Link, Duta-Ulu Kelang Expressway, Damansara-Shah Alam Elevated Expressway and the SUKE Highway.


Financial Highlights

(RM’000) FY2023 FY2024 6M2024(unaudited) 6M2025
Revenue 76,757 133,002 69,786 73,986
Bridge engineering works 74,594 123,208 64,263 73,148
Flood mitigation works 2,163 9,794 5,523 838
Gross Profit 10,990 25,664 10,594 15,806
Gross Profit Margin (%) 14.3 19.3 15.2 21.4
(Loss)/profit and total comprehensive income for the year/period attributable to owners of the Company (14,460) 26,189 12,112 3,201

HONG KONG SAR – Media OutReach Newswire – 31 December 2025 – BBSB International Limited (“BBSB” or the “Company”, together with its subsidiaries, the “Group”, stock code: 8610.HK), announces the details of its plan to list on the GEM of The Stock Exchange of Hong Kong Limited (“SEHK”) today.

A total of 125,000,000 shares, subject to the Offer Size Adjustment Option, will be offered under the Share Offer, of which 90%, or 112,500,000 shares will be offered by way of Placing; while the remaining 10%, or 12,500,000 Shares (subject to reallocation) will be offered under the Public Offer. The Offer Price per Offer Share is expected to be not less than HK$0.6 and not more than HK$0.7. The shares will be traded in board lots of 4,000 shares each. The Public Offer will commence at 9:00 a.m. on 31 December 2025 (Wednesday) and close at 12:00 noon on 8 January 2026 (Thursday). The final offer price and allotment results are expected to be announced on 12 January 2026 (Monday). Dealings in shares of BBSB on the GEM of the SEHK are expected to commence on 13 January 2026 (Tuesday).

Assuming an Offer Price of HK$0.65 per Offer Share (being the mid-point of the indicative price range of the Offer Price), the aggregated net proceeds from the Share Offer, after deducting related expenses and assuming the Offer Size Adjustment Option is not exercised, will be approximately HK$56.0 million (equivalent to approximately RM30.2 million). The Group intends to use these net proceeds for the following purposes: 1) approximately 65.2% to strengthen its financial position to pay for the upfront costs of its potential projects; 2) approximately 19.8% for expansion of workforce to support growth across all regions; 3) approximately 5.0% to upgrade and digitise the Group’s information systems and internal processes; and 4) approximately 10.0% for general working capital.

Lego Corporate Finance Limited is the Sole Sponsor. Lego Securities Limited is the Sole Overall Coordinator. Lego Securities Limited and Fortune Origin Securities Limited are the Joint Bookrunners and Joint Lead Managers.

Cornerstone Investors

The Group has entered into cornerstone investment agreements with 2 cornerstone investors, namely Mr. Choy Joo Seong and Mr. Tan Nam Joo, pursuant to which each of the cornerstone investors have agreed to, subject to certain conditions, subscribe for such number of Shares at the Offer Price, which may be purchased with an amount of HK$7.0 million.

Business Overview

The Group is an established civil engineering contractor in Malaysia with over 16 years of experience, specialising in providing bridge engineering services as a subcontractor for large-scale transportation infrastructure engineering projects owned or initiated by the government or government-linked companies in Malaysia. The Group’s business provides 2 categories of services:

  1. Bridge engineering works which primarily involve (i) the design and construction of girder bridges; and (ii) construction of the connecting highways, roads and facilities ancillary to the girder bridge, such as drainage, sewerage, lightings and signages; and
  2. Floor mitigation works, focusing on the design and construction of flood mitigation structural solutions to reduce flooding risks.

During the Track Record Period, the Group has completed 2 transportation infrastructure engineering projects. Project JB25, which involved step-in works to assist in the completion of certain outstanding work along the SUKE Highway, had a total contract value of approximately RM33.1 million. Project JB30, involving the construction of earth work and drainage works along Raub Bypass, had a total contract value of RM25.0 million. As at the Latest Practicable Date, the Group has 5 ongoing projects with a total contract value of approximately RM723.5 million.

Competitive Strengths

1. Proven track record in the transportation infrastructure engineering market in Malaysia

The Group has established a strong foothold in the transportation infrastructure engineering market in Malaysia since 2008. Attributed to its experiences in undertaking large-scale transportation infrastructure engineering projects in Malaysia, the Group is registered with the highest contractor licence under the CIDB that allows it to undertake civil and structural works of unlimited tender/contract value. The Group has participated in various major transportation infrastructure engineering projects in Malaysia. This demonstrates not only the Group’s technical capability and service quality, but also its potential to capture future opportunities in the transportation infrastructure engineering market in Malaysia.

2. Provide holistic value engineering solutions to customers

The Group is able to provide holistic value engineering to customers, which take into account construction cost, timelines and environmental impacts. Value engineering is a systematic methodology that applies established tools and techniques to identify, analyse and optimise the functions of a project. Through detailed analysis of project requirements and close collaboration with its customers, the Group ensures that the final design is both efficient and cost-effective.

3. Management team with in-depth industry experience and knowledge

The Group’s management team has extensive industry experience and expertise in the transportation infrastructure engineering industry, especially in the provision of bridge engineering services for large-scale transportation infrastructure engineering projects in Malaysia. Datuk Tan, the chairman of the Board and an executive Director, is a professional engineer in Malaysia and a chartered professional engineer in Australia with over 36 years of experience in the transportation infrastructure engineering industry across both public and private sector projects in Malaysia.

4. Committed to upholding safety and eco-friendliness

The Group places emphasis on safety standard, stringent quality control and environmental protection in the execution of its projects. Its management systems for provision of construction and completion of its projects were certified to be in compliance with the standard required under ISO 9001.

5. Established stable business relationships with major customers, suppliers and subcontractors

The Group’s extensive experience and technical knowledge, coupled with its steadfast commitment to safety, quality and environmental responsibility, have earned the confidence of its customers. The Group has been able to maintain long-term business relationships with reputable and large-scale construction and engineering contractors. As at the Latest Practicable Date, its 5 largest customers in each of FY2023 and FY2024 and 4 largest customers in 6M2025 had maintained a business relationship with the Group for up to eight years.

BUSINESS STRATEGIES

1. Competing for more upcoming large-scale transportation infrastructure engineering projects and flood mitigation projects in both Peninsular Malaysia and East Malaysia

Under the policy framework of the Twelfth Malaysia Plan between 2021 to 2025, the Malaysian government has prioritised infrastructure improvement and inter-regional connectivity. To advance these objectives, RM86.0 billion was allocated to key sectors such as transportation and municipal infrastructure in 2025. The Group’s established track record coupled with its successful application of civil engineering expertise to flood mitigation projects position the Group favourably to bid for future large-scale projects in both Peninsular Malaysia and East Malaysia.

2. Further strengthening manpower and enhancing project management capability

Bridge engineering works within transportation infrastructure projects typically span 1 to 5 years. The Group is required to deploy a full project management team for each project. To ensure the effective execution of any newly awarded projects without compromising the progress, quality, or safety standards of ongoing works, additional recruitment would be necessary to strengthen the Group’s project supervision and site management capabilities.

3. Expansion of workforce to support growth across all regions

The Group plans to expand its headquarters workforce in Peninsular Malaysia to strengthen its central operational capabilities. The expansion in workforce at headquarters will create a robust foundation that not only supports the Group’s current project commitments but also positions it to capitalise on future growth opportunities.

4. Upgrade and digitise the Group’s information systems and internal processes

At present, the Group does not have an integrated IT system in place and instead relies on individual software tools for specific functions such as budgeting, scheduling, and documentation. The Group intends to acquire a range of software, IT infrastructure upgrades, and process enhancements to establish a streamlined and integrated procurement management system.

Hashtag: #BBSB #IPO

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

BBSB International Limited

BBSB International Limited is a civil engineering contractor in Malaysia with over 16 years of experience, specialising in providing bridge engineering services for large-scale transportation infrastructure engineering projects owned or initiated by the government or government-linked companies in Malaysia. The Group has strategically expanded its civil engineering works to include flood mitigation works. The Group has participated in a number of notable transportation infrastructure engineering projects in Malaysia, such as Eastern Dispersal Link, Duta-Ulu Kelang Expressway, Damansara-Shah Alam Elevated Expressway and the SUKE Highway. The Group currently holds a CIDB Grade G7 qualification in Category CE (Civil Engineering Construction), Category B (Building Construction) and Category ME (Mechanical and Electrical) in Malaysia, which is the highest grade of contractor licence under the Construction Industry Development Board of Malaysia, allowing it to undertake civil and structural works of unlimited tender/contract value.

76 Asian Agri Partner Cooperatives in Riau and Jambi Receive Sustainable Palm Oil Premiums, Strengthening Smallholder Livelihoods

SINGAPORE – Media OutReach Newswire – 31 December 2025 – Asian Agri reaffirmed its commitment to sustainable palm oil development by recognising its scheme smallholders in Riau and Jambi through the 2024 Certified Palm Oil Premium Sharing Programme. The appreciation event, held at Hotel Santika, Bukittinggi, West Sumatra, highlighted the consistent efforts of smallholders in applying sustainable plantation practices aligned with international certification standards.

The programme generated approximately Rp5.5 billion in premium sharing, which will be distributed to 76 Village Unit Cooperatives (KUDs), benefitting more than 30,000 smallholders. The initiative underscores Asian Agri’s long-term commitment to improving smallholder welfare while advancing environmentally responsible palm oil management.

Head of Partnership at Asian Agri, Rudy Rismanto, said RSPO certification plays a critical role in expanding market access for smallholder-produced palm oil.

“Through RSPO certification, palm oil produced by our partner smallholders can be accepted in global markets, including Europe, which requires sustainably produced products,” Rudy said. “The premiums received are reinvested to improve productivity, upgrade infrastructure, strengthen KUD facilities and support alternative sources of income. In this way, sustainability delivers tangible economic benefits for smallholders.”

Rudy emphasised that Asian Agri’s sustainability approach goes beyond environmental stewardship to include social and economic impact.

“Through strong collaboration with smallholders, we ensure that sustainable practices also translate into improved livelihoods. This reflects Asian Agri’s philosophy of creating benefits for society, the environment, customers, and ultimately the company itself—so that sustainability and prosperity grow together.”

Representing partner cooperatives, Subiyono, Head of Karya Bersama KUD, said the premium sharing scheme has delivered clear and measurable benefits.

“The premium has provided meaningful support to both smallholders and the cooperative,” he explained. “In 2026, we plan to allocate these funds to improve and maintain roads that serve as the main access routes for transporting Fresh Fruit Bunches to palm oil mills. Better infrastructure will help ensure smoother operations for smallholders.”

Karya Bersama KUD is currently participating in a replanting partnership with Asian Agri. The replanted oil palm area, now 49 months old, has achieved an average productivity of 2 tons per hectare per month.

Similarly, Waluyo, Head of Makmur Rezeki KUD, highlighted how the premium strengthens institutional capacity while supporting sustainable practices.

“The funds are allocated to strategic priorities, including improvements to fertiliser and herbicide warehouses, road upgrades, provision of personal protective equipment (PPE) for smallholders, and the installation of owl nesting boxes as part of natural pest control,” he said. “These initiatives enable more environmentally friendly and efficient plantation management.”

According to Waluyo, the programme also reinforces smallholders’ commitment to sustainability.

“This support not only improves cooperative facilities and operations but also strengthens members’ dedication to sustainable practices. We hope Makmur Rezeki KUD can continue to grow together with Asian Agri, so the benefits can be felt more widely by our members and surrounding communities.”

Through the Certified Palm Oil Premium Sharing Programme, Asian Agri, a member of the RGE group of companies founded by Sukanto Tanoto, continues to invest in the long-term resilience of smallholders and cooperatives, ensuring that sustainable palm oil development delivers enduring social, economic, and environmental benefits for generations to come.
Hashtag: #RGE #AsianAgri #CSR #palmoil #Indonesia #smallholders #sustainability #RSPO #certification #KUD


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

About Asian Agri

Founded in 1979, Asian Agri is one of Indonesia’s foremost companies in crude palm oil production, managing over 100,000 hectares of oil palm plantations and employing over 20,000 people.

As a pioneer of the Indonesian Government’s Smallholder Transmigration Core Plantation Programme (PIR-Trans), Asian Agri has partnered with 30,000 scheme smallholders in Riau and Jambi, who collectively manage 60,000 hectares of oil palm plantations. The company also fosters partnerships with independent smallholders to enhance their welfare and drive socio-economic growth.

Committed to sustainable practices, Asian Agri upholds a zero-burning policy and implements plantation best management practices to help smallholders boost productivity, increase crop yields, and improve supply chain traceability while supporting their journey towards certification. Asian Agri’s mills leveraged advanced technology and self-generated green energy to minimize greenhouse gas emissions.

Asian Agri’s plantations, as along with their scheme smallholder plantations, are full Roundtable on Sustainable Palm Oil (RSPO) and International Sustainability & Carbon Certification (ISCC) certified, underscoring the company’s commitment to responsible and sustainable palm oil production.

Please visit Asian Agri’s for more information.

Like Mother, Like Daughter: Education Cannot Wait-supported UNICEF Accelerated Learning Programme enables a mother and daughter affected by floods and other crises to return to school in Pakistan.

PUNJAB, Pakistan, Dec. 31, 2025 /PRNewswire/ — In a lively classroom in Dera Ghazi Khan, Punjab, Pakistan, Salma Qadeer and Muqadas Zahra sit side-by-side, ready to learn. The desks are occupied by workbooks and pencils. The walls around them are filled with colorful posters and student artwork.

Muqadas, 12, and her mother Salma, 35, at the ALP centre in Dera Ghazi Khan, Punjab, Pakistan. © UNICEF Pakistan/Aliraza Khatri
Muqadas, 12, and her mother Salma, 35, at the ALP centre in Dera Ghazi Khan, Punjab, Pakistan. © UNICEF Pakistan/Aliraza Khatri

Salma and Muqadas are more than just classmates. They are mother and daughter, on a shared educational journey.

Along the way, 12-year-old Muqadas and 35-year-old Salma have found a supportive community of teachers and fellow classmates. There is no judgment based on age or background, only a shared commitment to learning. “I am so excited to be back in school. I am in grade 6 and hope to go to college and become a doctor one day,” says Muqadas.

Thanks to funding from Education Cannot Wait (ECW), the global fund for education in emergencies and protracted crises within the United Nation, UNICEF Pakistan in collaboration with the local government and its implementing partner, has established eight Accelerated Learning Programme (ALP) elementary centres to address education barriers faced by girls, which have only worsened following the recent devastating floods in the country. The new ALP centres mean that Salma, Muqadas, and other girls and women in Pakistan have a safe, supportive environment to learn and grow in their community.

Education Challenges in the Village

Living in a village with limited resources and no schools for girls beyond the fifth grade, Muqadas was out of school for nearly a year after completing grade 5. “After completing fifth grade, I lost hope of studying further as there was no elementary school for girls in our village or the nearby areas,” says Muqadas. “My parents are poor and couldn’t afford to send me to the city for further education. I could not study for almost a year. I stayed home, helping my mother with household chores, but missed school a lot.”

Years ago, Salma, Muqadas’s mother, faced a similar situation. She had no choice but to end her schooling after fifth grade. Even though her father, a schoolteacher, believed in educating girls, there were no elementary schools in the area for her to attend.

In such communities with limited resources and opportunities for girls, early marriage is often seen as a solution – and, really, only option – for girls, but this further interrupts their education, and restricts their future aspirations and opportunities. Salma faced this reality as a child.

“After fifth grade, I could not study further, and my parents married me off,” says Salma. “Even after marriage, I wanted to get an education, but there was no opportunity as I had to take care of the family and there were no learning centres or schools for people my age.”

Challenging Societal Norms

When UNICEF piloted the ECW-funded ALP elementary in the area, Salma and her family initially hosted the centre in their home. Girls from all over the village gathered at their house to learn.

Watching her daughter and the girls dive back into learning, Salma felt inspired. She wanted to return to school as well. Salma shared her desire with her family and husband, expressing her wish to attend school alongside their daughter. Despite being a busy mother and wife, Salma was determined to break gender and societal norms by pursuing her education. “I couldn’t imagine that I would ever enroll in a school again, along with my daughter,” she says. “When I saw young girls studying in the ALP centres at our home, my interest renewed.”

As more girls joined, the small space became crowded, and the centre had to move to a bigger primary school. This move was initially a challenge for Salma, who juggled many other responsibilities at home as a mother of five children. However, her resolve to keep learning was strong and she persevered.

At home, Salma’s husband offers strong encouragement to both his daughter and wife as they pursue their education, overcoming obstacles and paving the way for a better future for their entire family.

Learning Together at the Centre

At the centre, Muqadas and Salma immerse themselves in subjects such as math, Urdu and English. As they encounter challenging lessons, Salma leans on her daughter, and together they tackle difficult assignments. She says, “I feel good about coming to the school with my daughter. My teacher Ayesha encourages me and Muqadas also helps me with homework.”

Twelve-year-old Muqadas has found joy at the centre. Beyond allowing her to continue her academic studies, the centre has given her a chance to gain support from her caring teachers and also play games with friends. “I feel safe and happy in the centre. The teachers are friendly, and they help us learn our lessons. We also have the opportunity to play,” says Muqadas.

Salma sees the big impact a chance at a continued education is having on her daughter, but also recognizes the impact for young women and mothers like her, saying, “We need more ALP centres as not only the young girls but even married women want to learn.”

Education Cannot Wait Funds ALP Centres

Pakistan is extremely susceptible to natural disasters worsened by climate change, such as droughts, floods and earthquakes. The extraordinary monsoon rains in 2022 caused massive flooding and landslides across the nation. More than 1,700 people lost their lives, and over 30,000 schools were damaged or destroyed. The floods in Pakistan impacted 33 million people, half of them children.

The ECW-supported ALP centres provide hope for out-of-school girls and women unable to access education due to the unavailability of schools in their area. The programmes provide students the opportunity to complete their middle school education in 20 months while maintaining the required learning outcomes.

Established as part of UNICEF’s Flood Response Programme in two flood-affected districts of South Punjab – Dera Ghazi Khan and Rajanpur – the centres offer a flexible learning model, bringing learning solutions to the doorsteps of girls and addressing concerns around access and safety.

ECW investments in Pakistan provide both urgent educational interventions to combat the effects of climate change and long-term support through the Multi-Year Resilience Programme. Additionally, ECW is piloting an Anticipatory Action programme in Pakistan to support emergency readiness and response to climate disasters.

Investing in Girls’ Futures

For girls and women who once believed that education was unattainable, initiatives like the ALP are life-changing. “If this centre had not been established, I would have lost the opportunity to learn beyond fifth grade,” says Muqadas.

Returning to school means more than just learning for Salma and her daughter, Muqadas. It’s an opportunity to overcome past barriers and seek a future beyond domestic duties.

Investing in girls’ education is essential. It provides them with the agency to shape their future. With education, girls break the cycle of poverty and support economic prosperity within their families and communities. An investment in girls’ education is an investment in an equitable and fairer future for all.

Salma hopes that she and Muqadas have broken the cycle of an education short, and have instead set a new norm for the generations of girls that will come after them. She says, “I want all my children to be educated so they can progress in life.”

 

Nexteer Sponsored Automotive Chassis-by-Wire Standards Research Group Meeting, Advancing Steer-by-Wire Standards in China

AUBURN HILLS, Mich. and SUZHOU, China, Dec. 31, 2025 /PRNewswire/ — Nexteer Automotive, a global leader in advanced steering and motion control technologies, recently sponsored a Coalition Meeting of the Automotive Chassis-by-Wire Standards Research Group in China, to advance the country’s national Steer-by-Wire (SbW) standard.

The meeting convened the “Chassis-by-Wire Standard Research Group,” a specialized committee within China Automotive Standardization Research Institute responsible for developing and refining China’s national Chassis-by-Wire and SbW standard. Nexteer has been an active member of this working group since 2023, playing a collaborative role in shaping technical, safety and performance requirements for next-generation steering systems. On December 2, 2025, the national steering standard GB 17675–2025, developed with the participation of this working group, has now been officially released.

According to various industry analysts, China is expected to lead global adoption of SbW technology as the market rapidly advances toward electrified, intelligent and software-defined vehicles. The development of a national SbW standard provides OEMs with regulatory clarity and confidence to accelerate deployment of this transformative technology at scale.

“Steer-by-Wire is a foundational technology for the future of vehicle motion control,” said Geoff Krieger, Product Line Executive Director, SbW, Nexteer Automotive. “We are honored to contribute to the development of China’s national SbW standards that will support safe, reliable and scalable adoption of SbW technology. This critical step further enables OEMs to achieve greater design flexibility, software integration and enhance driving experiences. Nexteer’s collaboration reflects its expertise in Motion-by-Wire™ Chassis control technologies and its commitment to accelerating innovation and customer value.”

Nexteer’s participation reflects its leadership in Motion-by-WireTM Chassis control technologies and its market-leading position as the steering supplier of choice among Chinese OEMs. Nexteer supports the full lifecycle of Steer-by-Wire development and industrialization through local, full-service technical centers across North America, Europe and Asia-Pacific, providing integrated engineering, manufacturing and validation capabilities to best support customers.

As a long-standing innovator in advanced steering systems, Nexteer brings extensive real-world experience in SbW architectures, functional safety, system integration and production readiness. Its contributions help ensure that emerging standards align with proven engineering practices and global mobility trends, including electrification, advanced driver assistance systems (ADAS) and autonomous driving.

The Coalition Meeting further reinforced Nexteer’s commitment to collaboration across the automotive ecosystem to elevate industry standards and support China’s leadership in next-generation vehicle technologies.

ABOUT NEXTEER AUTOMOTIVE

Nexteer Automotive (HK 1316) is a global leading motion control technology company accelerating mobility to be safe, green and exciting. Our innovative portfolio supports by-wire chassis control, including electric and hydraulic power steering systems, steer-by-wire and rear-wheel steering systems, steering columns and intermediate shafts, driveline systems, software solutions and brake-by-wire. The company solves motion control challenges across all megatrends – including electrification, software/connectivity, ADAS/automated driving and shared mobility – for global and domestic OEMs around the world including BMW, Ford, GM, RNM, Stellantis, Toyota and VW, as well as automakers in India and China including BYD, Xiaomi, ChangAn, Li Auto, Chery, Great Wall, Geely, Xpeng and others. www.nexteer.com

Link to Nexteer Media Center
Link to Press Kit 

DAREU to Unveil Three High-Performance Gaming Peripherals at CES 2026

  • Beyond product launches, DAREU is seeking global distributors to expand its footprint

LAS VEGAS, Dec. 31, 2025 /PRNewswire/ — DAREU, the gaming peripheral brand built on the ethos “DARE TO BE YOU,” is set to present its latest lineup of gaming peripherals at CES 2026, unveiling three new products that reflect the brand’s ongoing pursuit of performance, design innovation, and player-centric engineering. The showcase will take place from January 6 to 9, 2026, at the Las Vegas Convention Center, South Hall 1, Booth 31931, where visitors can experience the Ultra75 hall effect magnetic keyboard, the Ultra07 gaming mouse, and the Red Dot Design Award–winning GT87 keyboard.

DAREU CES: Innovation Unveiled
DAREU CES: Innovation Unveiled

Product Highlights

Headlining the launch is the Ultra75 hall effect magnetic keyboard, a compact 75% layout designed for gamers and enthusiasts who value both customization and competitive performance. The model introduces a tool-free quick-release design, enabling users to access internal components with ease. Multiple connection options, including wired, 2.4G wireless, and Bluetooth, support flexible setups across gaming and productivity environments. Performance-oriented features such as an 8000Hz polling rate, ultra-low 0.1ms key latency, and real-time adjustable actuation down to 0.01mm highlight the keyboard’s competitive focus. A built-in color display capable of image and GIF playback adds a layer of personalization, while a multi-function control knob allows intuitive volume and system control. Internally, FR4 plates combined with Poron foam and an IXPE switch pad are engineered to deliver consistent acoustics and a refined typing feel, supported by an 8000mAh battery for extended wireless use.

Alongside the keyboard debut, DAREU will introduce the Ultra07 gaming mouse, built around a snap-together shell design that emphasizes modularity and durability. Powered by the AIM-750U sensor, the mouse delivers up to 30,000 DPI, 750 IPS tracking speed, and 50G acceleration, targeting high-precision gameplay across genres. An 8000Hz polling rate ensures rapid response, while switches rated for 100 million clicks underline long-term reliability. With triple-mode connectivity (wired, 2.4G wireless, and Bluetooth), the Ultra07 adapts to diverse usage scenarios. Despite its performance specifications, the mouse maintains a balanced profile, weighing approximately 70 grams and housing a 300mAh battery to support extended sessions without compromising agility.

Completing the trio is the GT87 TMR magnetic switch keyboard, a recipient of the Red Dot Design Award that combines distinctive aesthetics with advanced switch technology. The keyboard features TMR magnetic switches, enabling precise input control and a smooth keystroke experience. Carbon fiber–texture keycaps contribute to its premium visual identity while reinforcing durability. With support for wired, Bluetooth, and 2.4G wireless connections, an 8000Hz polling rate, full RGB lighting, and an 8000mAh battery, the GT87 is positioned as a high-performance solution for users seeking both design recognition and technical capability.

Global Distribution Opportunity

In parallel with its product launches, DAREU is expanding its global distribution network. The brand has built a solid regional presence, with established market visibility in Vietnam and a growing footprint in Korea’s online mechanical keyboard segment.

DAREU’s full product lineup is also available across major global e-commerce platforms, including Amazon, OZON, Ali Express, and TikTok Shop, where select products have shown consistent sales traction. Potential partners can learn more by visiting DAREU’s CES booth or www.dareu.com

About DAREU

Founded in 2006, DAREU operates with a singular mission: to break rules and create gear for gamers who lead, compete, and push boundaries. The brand’s “DARE TO BE YOU” mantra is reflected in every product, from the Ultra07’s modularity to the GT87’s award-winning design, positioning DAREU not just as a hardware provider, but as a companion for players who refuse to conform.

For more information, please visit:

Website: www.dareu.com
Instagram: https://www.instagram.com/dareu.global/
YouTube: https://www.youtube.com/@dareuglobal
Facebook: https://www.facebook.com/dareu.globalofficial/
Discord: https://discord.com/invite/NzQdFTUPGP 

Qiming Venture Partners’ Insilico Medicine Successfully Lists on Hong Kong Stock Exchange

SHANGHAI, Dec. 31, 2025 /PRNewswire/ — Insilico Medicine (03696.HK), a global leader in AI-driven drug discovery and a portfolio company of Qiming Venture Partners, today successfully listed on the Hong Kong Stock Exchange (HKEX). The listing marks the largest biotech IPO on the Hong Kong stock market in 2025. With an issue price of HK$ 24.05 per share, Insilico Medicine opened at HK$35.00 per share, representing a market capitalization of approximately HK$ 19.51 billion.

Qiming Venture Partners is one of Insilico Medicine’s most important institutional investors. Qiming Venture Partners led the Company’s Series B financing round in 2019 and continued its support in subsequent Series C and D rounds, with an about 7 percent stake in Insilico Medicine before its IPO.

Founded in 2014, Insilico Medicine employs a business model based on the Pharma.AI platform, focuses on internal drug research and development through artificial intelligence. It has gradually expanded the application of Pharma. AI to more industries such as advanced materials, agriculture, nutritional products, and veterinary drugs. It has now efficiently built a pipeline portfolio covering over 30 innovative projects in a wide range of fields with extensive demands, such as oncology, immunology, fibrosis, and metabolism, and owns the world’s most advanced first-in-class AI-based drugs.

To date, 13 of the world’s top 20 pharmaceutical companies by revenue have entered into software platform collaborations with Insilico Medicine. Insilico Medicine has also reached licensing agreements on three pipelines with global drugmakers such as Exelixis and Menarini, bringing a potential revenue of USD2 billion for the company. The Company has also established drug R&D partnerships with other internationally renowned pharmaceutical firms including Sanofi, Lilly, and Shanghai Fosun Pharmaceutical (Group) Co., Ltd.

“Insilico is dedicated to extending human productive longevity and this listing provides us with more resources to advance our mission. Over the past few years, we set very clear industry benchmarks demonstrating that AI can help make drug discovery faster, cheaper, and deliver higher success rates in preclinical and early clinical development. We have validated the end-to-end capabilities of AI-empowered programs from novel target discovery to molecular generation, and then to preclinical and clinical stages. Going forward, we will continue to increase investment in our AI platform and innovative pipeline, accelerate the advancement of differentiated innovative programs into clinic, and bring truly accessible, affordable, and breakthrough treatment solutions to patients worldwide.” said Alex Zhavoronkov, PhD, Founder and CEO, Chief Business Officer of Insilico Medicine.

“We invest in Insilico Medicine based on a simple belief that ‘AI will profoundly change the pathway and efficiency of drug development.’ We decided to invest in Insilico Medicine in 2019 because of its research in frontier areas when generative AI was not yet popularized. Now the value of Insilico Medicine in the field of AI pharmaceuticals is gradually being realized through preclinical validation and pipeline licensing. We expect AI to not only empower early-stage research and development but also effectively accelerate the clinical stage process in the future to enable new drugs to benefit patients earlier,” Dr. Chen Kan, Partner and Healthcare Co-Lead at Qiming Venture Partners, said.

About Qiming Venture Partners

Qiming Venture Partners was founded in 2006. Currently, Qiming Venture Partners manages eleven US Dollar funds and seven RMB funds with $9.5 billion in capital raised. Since our establishment, we have invested in outstanding companies in the Technology and Healthcare industries at the early and growth stages.

Since our debut, we have backed over 580 fast-growing and innovative companies. Over 210 of our portfolio companies have achieved exits through IPOs at the NYSE, NASDAQ, HKEX, Shanghai Stock Exchange, or Shenzhen Stock Exchange, or through M&A or other means. There are also over 80 portfolio companies that have achieved unicorn or super unicorn status.

Many of our portfolio companies are today’s most influential firms in their respective sectors, including Xiaomi, Meituan, Bilibili, Zhihu, Roborock, Hesai Technology, UBTech, WeRide, HyperStrong, Insta360, Unisound, Gan & Lee Pharmaceuticals, Tigermed, Zai Lab, CanSino Biologics, Schrödinger, APT Medical, Sanyou Medical, AmoyDx, SinocellTech, Insilico Medicine (SEHK:03696), AusperBio, Yuanxin Technology, Medilink Therapeutics, LaNova Medicines, zai, StepFun, among many others.

 

Entering the New Year, VARON Strengthens Commitment to Dependable Oxygen Support

NEW YORK, Dec. 31, 2025 /PRNewswire/ — As the new year begins, it offers a meaningful moment to reflect on shared progress and renewed responsibility in respiratory care. Over the past year, VARON has continued to focus on what matters most—reliability, accessibility, and compassion-driven action that supports real people and real needs.

A Year Shaped by Reliability and Everyday Care

The past year reinforced the growing importance of dependable oxygen therapy solutions. For many individuals and families, access to an oxygen concentrator for home use has become essential for maintaining comfort, stability, and peace of mind. At the same time, increasing mobility needs highlighted the value of an oxygen concentrator for travel, enabling patients to remain active while managing long-term respiratory conditions.

Across these use cases, one consistent theme emerged: people are not simply looking for an oxygen concentrator for sale, but for long-term reliability, clear guidance, and dependable service. This insight continues to guide VARON’s development of practical solutions, including the portable oxygen concentrator, that support daily life without unnecessary complexity.

Supporting the Most Vulnerable Through Meaningful Giving

Beyond product performance, the past year also highlighted the importance of community responsibility. A significant milestone was VARON’s donation of Serene 5 oxygen concentrators to St. Vincent Social Works Foundation IAP FOSSVI, an organization dedicated to helping and caring for some of the most marginalized members of society.

FOSSVI serves vulnerable communities through its homes, including San Vicente Home and the Santa Luisa Annex, providing care and dignity to elderly residents and religious sisters who have devoted their lives to serving the poor. Guided by its mission to improve the physical, mental, emotional, and spiritual well-being of people living in poverty, FOSSVI works to ensure that every individual can live with dignity and comfort.

Through the donation of VARON oxygen concentrators, residents—especially the nuns—have experienced tangible relief. For many, the devices have meant easier breathing, more restful nights, and days filled with comfort rather than struggle. As shared by FOSSVI, the equipment has brought “relief, hope, and joy,” offering a quiet but powerful reward for a lifetime of selfless dedication to others.

Looking Ahead With Purpose and Responsibility

As the new year begins, VARON remains focused on responsible, long-term improvement. Future efforts will continue to prioritize durability, efficiency, and user comfort—enhancements shaped by real-world feedback from home users, care institutions, and individuals who rely on oxygen support as part of daily life.

Equally important is sustained support beyond the point of purchase. VARON continues to invest in service systems, technical guidance, and spare parts availability to ensure that each device remains a reliable and trusted companion over time. This long-term perspective reflects a belief that respiratory care is not a one-time solution, but an ongoing commitment.

A Thoughtful Beginning to the New Year

The start of a new year offers an opportunity not only to look forward, but also to reaffirm core values. VARON enters the year with gratitude for the customers, partners, and charitable organizations whose trust and collaboration have shaped the past twelve months.

Guided by reflection and responsibility, VARON will continue to advance with a steady focus on quality, accessibility, and care-driven innovation—working to ensure that respiratory support technologies serve people with reliability, humility, and respect.

About Varon

VARON is a leading provider of innovative oxygen therapy solutions designed for daily healthcare settings. With a strong focus on reliability, accessibility, and user-friendly design, VARON delivers home oxygen concentrators and portable oxygen concentrators that empower patients to breathe easier and live more comfortably. Committed to long-term support, product excellence, and community engagement, VARON combines technology with compassion to enhance respiratory care worldwide.

Media Contact:
VARON Oxygen Solutions
Email: official@varoninc.com
Website: www.varoninc.com

 

Monport Laser Releases New Year Initiative Supporting Laser Equipment Investment Planning

NEW YORK, Dec. 31, 2025 /PRNewswire/ — As demand for fiber laser engraver for metal, CO2 laser cutter and engraver, and other advanced laser engraving equipment grows, small businesses and professional workshops are increasingly seeking structured investment strategies for the start of 2026. To support this, a New Year initiative has been introduced to enable more informed laser equipment purchases, running from December 29 to January 18, 2026, focused on planning stability and operational readiness rather than short-term promotions, according to Monport Laser.

Developed under the theme “New Year, New Savings – Kick off 2026 with limited gift and more,“ the initiative aligns with the period when manufacturers and creative businesses review production capacity, tooling requirements, and workflow efficiency for the upcoming year.

Laser Engraving Technology for Metal and Multi-Material Applications

Modern fiber laser engraver for metal and CO2 laser cutter and engraver systems provide precise, non-contact marking, engraving, and cutting across a variety of materials. Businesses increasingly rely on metal engraving equipment to deliver high-quality laser engraving items in industries such as signage, jewelry, packaging, and custom consumer goods.

Key operational benefits include:

  • Precision and repeatability for consistent production
  • Material versatility, including metals, acrylic, wood, plastics, and leather
  • Reduced waste and setup time through digital workflows
  • Expanded customization, enabling short-run and personalized laser engraving items

Investing in an industrial laser cutter machine allows businesses to scale production in-house and meet growing demand for customized products.

Structured Tiered Discounts for Laser Equipment Investments

The initiative incorporates a tiered discount structure to help businesses plan budgets and calculate return on investment. Discounts are aligned with order value thresholds:

  • Orders from $999 receive $50 in savings
  • Orders from $1,999 receive $100 in savings
  • Orders from $2,999 receive $150 in savings
  • Orders from $3,999 receive $250 in savings
  • Orders from $4,999 receive $350 in savings
  • Orders from $5,999 receive $450 in savings

This approach helps businesses make strategic purchasing decisions rather than responding to short-term promotions.

Included Laser Engraver Supplies and Accessories for Immediate Use

The program includes laser engraver supplies and accessories with selected machines to reduce setup friction and enable early productivity:

  • CO2 laser engraver: Rotary attachment (valued at $119.99) and two laser marking black sprays (except for Reno series, Mega series, and 40W CO2 laser engraver)

  • Reno series desktop laser engraver: Random board material (valued at $99.00) and two laser marking black sprays
  • Mega series desktop laser engraver: Random board material (valued at $99.00) and two laser marking black sprays
  • Fiber laser engraver: SVG file resources (valued at $299.99)

These inclusions support efficient production of laser engraving items and reduce the need for additional equipment purchases.

Weekly Highlighted Laser Machines and Limited-Time Offers

Monport Laser features selected laser engraving machines weekly, offering added value with bundled accessories or special pricing:

  • Week 1
    • GPro 60W Fiber Laser: Includes a 150W smoke purifier (valued at $299.99)
    • GM 50W Fiber Laser: Includes a rotary attachment (valued at $169.99)
  • Week 2
    • Fiber laser machines: Fiber laser enclosure available at 30% off
  • Week 3
    • 6W diode laser engraver: Special configuration priced at $399.99, limited to three units

This rotation allows businesses to track available equipment while aligning purchases with internal planning cycles.

Growing Adoption of Laser Cutting and Engraving Technology

The demand for laser engraving equipment continues to rise, driven by trends in in-house manufacturing, personalization, and short-run production. From desktop systems to industrial laser cutter machines, businesses view laser technology as a long-term operational investment.

Programs emphasizing operational readiness, strategic planning, and bundled laser engraver supplies reflect a shift toward sustainable, value-driven supplier engagement.

About Monport Laser

Monport Laser is a global provider of laser engraving, cutting, and marking solutions for small businesses, industrial operators, and creative professionals. Its product portfolio includes CO2, fiber, diode, and desktop laser systems designed for scalable production, versatile materials, and sustainable business growth.

Media Contact:
Company: Monport Laser
Email: official@monportlaser.com
Website: https://www.monportlaser.com/