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WINVEST GROUP SUBSIDIARY IQI MEDIA PARTNERS WITH BIOCALTH TO DRIVE DIRECT-TO-CONSUMER SALES

RENO, Nev., Aug. 22, 2025 /PRNewswire/ — Winvest Group Limited (OTCQB: WNLV) (“Winvest”), an investment holding company with diverse media, entertainment, and technology portfolios, is pleased to announced that its subsidiary IQI Media Inc. has partnered with BioCalth International Inc., a world leader in the development of proprietary health supplements, to help BioCalth grow its direct-to-consumer sales.

BioCalth
BioCalth

The two companies have entered into a content management agreement with profit-sharing incentives that they hope will lead to a long-term relationship marked by increased revenue and brand recognition for BioCalth. The agreement offers IQI Media a fixed monthly retainer as well as a percentage of the profit margin once total net revenue from conversions reaches $30,000 to $1,000,000+.

“BioCalth has been a prominent player in the supplement industry for over 25 years, manufacturing their patented products here in the USA while exporting them globally through various retailers,” said Khiow Hui Lim, Founder of IQI Media. “We’re excited to support BioCalth in launching their first ecommerce store and introducing calcium L-threonate—their flagship product backed by three patents—to a new generation of health-conscious consumers.

As part of the launch, IQI will be working to help BioCalth’s products gain traction through a top-of-funnel (TOFU) strategy for social marketing that builds awareness and trust. “BioCalth has conducted extensive laboratory research at UCLA, scientifically verifying that our calcium L-threonate formula has a 95% absorption rate,” said Jackson Wen, Founder of BioCalth. “With the help of IQI, we can get the word out about how our clinically proven product is better absorbed by the body than almost any other calcium supplement.”

In addition to kicking off direct-to-consumer sales and social marketing that targets audiences focused on self-care and bone density, BioCalth is also expanding its manufacturing pipeline at its state-of-the-art California plant by providing manufacturing services to others, including pharmaceutical and nutritional supplement companies. The FDA-registered and GMP-certified (Good Manufacturing Practice) facility utilizes newly installed automation intelligence equipment to maintain the highest standards of safety and reliability.

“Initiating this new phase of expansion involves integrating sales, data analytics, and backend management,” said Sophia Li, VP of Marketing at BioCalth. “It also serves as the core strategy for BioCalth’s future growth, ensuring both healthy development and steady progress. We intend to bolster our standing as a GMP manufacturer that sets the bar in biotechnology production.”

About IQI Media:

Headquartered in Los Angeles, California, IQI Media Inc. is a subsidiary of Winvest Group Limited (OTCQB: WNLV), a publicly traded investment holding company. IQI Media produces and manages original content while also providing creative and cost-effective content marketing services for clients seeking data-driven growth.

About BioCalth:

Founded in 2000, BioCalth International Inc. is a science-based wellness company based in La Verne, California, just east of Los Angeles. Combining scientifically validated natural ingredients with advanced technology, BioCalth strives to help its customers take control of their health. The company’s recently launched ecommerce site can be found at https://biocalth.us/.

About Winvest:

Headquartered in Reno, Nevada, Winvest Group Limited is an investment holding company focused on media, entertainment, and technology. Shares in the company are currently traded on the OTC Markets (QB tier) under the stock ticker “WNLV,” with plans to upgrade to Nasdaq and pursue an IPO in the near future.

Saroasis Studios Reveals Fate Trigger Early Access Date

COLOGNE, Germany, Aug. 22, 2025 /PRNewswire/ — Following a highly successful Closed Beta Test that drew in over hundreds of thousands of players shortly after launch, Saroasis Studios officially announced the Early Access release date for its flagship title, Fate Trigger, set for 2026 Q1.

In a highly saturated and competitive market for battle royale and first-person shooter (FPS) games, Fate Trigger’s PC Closed Beta proved there’s still plenty of room to innovate. Combining anime-inspired style with strategic depth and a low barrier to entry, it delivers an experience for gamers of all skill levels. Riding that wave of interest, Saorasis Studios confirms that Fate Trigger will eventually support cross-platform play, and launch first-person point-of-view for select game modes, which will arrive as a future update.

Where Gameplay Meets Anime Fandom: Fate Trigger’s Expansion Beyond the Screen

As ongoing interest in battle royale games collides with the global rise of anime culture, today’s players want more than just matches. They’re chasing deep lore, iconic characters, and worlds they can dive into and explore with friends.

It’s this hunger for immersive universes that Saroasis Studios aims to satisfy. Today, the studio revealed that Fate Trigger won’t simply be a cross-platform game. It’s set to evolve into a living universe, complete with esports and community competitions, ongoing world-building, and even offline media releases.

Fate Trigger at gamescom 2025
Fate Trigger at gamescom 2025

Showcasing the Best of Fate Trigger at gamescom 2025

With esports and a thriving fan community at the heart of Fate Trigger’s long-term vision, Saroasis Studios’ gamescom 2025 booth offered the first a glimpse into what the game’s expanding ecosystem could become. Not only did Saroasis Studios host Fate Trigger cosplay performance, but also high-stakes, head-to-head showdowns in live competition between esports teams formed and captained by some of the world’s most popular streamers including Tuonto, Kariyu, BTMC, Keeoh+, Locklear, Skyrroz, Dhalucard, Rpr, Schrodinger and Arii.

That competitive energy set the stage to spotlight Fate Trigger’s latest content introduced in the Closed Beta. From new characters like Bloodprowler Ryoin, the wolf-animoid assassin, to Crystalscar Cynric and Lootracer Mindy, to new weapons and vehicles like a high-speed flanking motorcycle and a rugged armored SUV, Fate Trigger’s latest release raised the stakes, ensuring every match is as unpredictable as it is thrilling.

Fate Trigger Balances Casual Fun and Competitive Depth

Designed for fairness and fun across all platforms, the Closed Beta’s massive turnout proved its instant accessibility. You can jump in and have fun within minutes or tune your skills without overly committing by jumping into the newly introduced Rapid Trials and 8v8 Team Deathmatch modes, first rolled out in the Closed Beta. These modes prepare players for the intensity of Fate Trigger’s Ranked Matches, delivering a finely tuned mix of speed and tactical depth that lets both newcomers and veterans refine their skills, master tactics, and define their playstyle.

Add Fate Trigger to your Wish List HERE.

To learn more, visit: FATETRIGGER.COM

For images access, visit: HERE

About Saroasis Studios

Saroasis Studios is a subsidiary of Tencent, with over 15 years of expertise in the shooter games genre. The studio has a passionate team consisting of more than 600 anime and shooter game enthusiasts, who are dedicated to crafting high-quality games and collaborating with players to co-create captivating gaming experiences. To learn more about Saroasis Studios, visit our website and follow us on X, Discord, Facebook, Instagram, Youtube and TikTok.

Aker Horizons ASA: Completed share capital reduction – New nominal value per share registered

FORNEBU, Norway, Aug. 22, 2025 /PRNewswire/ — On 6 June 2025, an extraordinary general meeting of Aker Horizons ASA (the “Company“) resolved to reduce the Company’s share capital from NOK 690,348,751 to NOK 6,903,487.51 by reducing the nominal value per share from NOK 1 to NOK 0.01

The creditor notification period for this share capital reduction expired on 22 July 2025. Today, 22 August 2025, the share capital reduction was registered with the Norwegian Register of Business Enterprises.

As a result, the share capital of the Company is now NOK 6,903,487.51 divided into 690,348,751 shares, each with a nominal value of NOK 0.01.

For further information:

Investor Relations: Jonas Gamre
Mobile: +47 97 11 82 92
E-mail: jonas.gamre@akerhorizons.com 

This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act and the requirements of Oslo Børs’ Continuing Obligations.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/aker-horizons/r/aker-horizons-asa–completed-share-capital-reduction—new-nominal-value-per-share-registered,c4221943

 

State Grid Xuzhou Power Supply Company: Supporting the Street Vending Economy and Enhancing Community Livelihoods

XUZHOU, China, Aug. 22, 2025 /PRNewswire/ — The State Grid Xuzhou Power Supply Company is proactively addressing the developmental needs of street vending by implementing targeted power protection measures. These initiatives aim to ensure both the safety and orderliness of street vending operations through professional services. To facilitate this, the company has organized a specialized team to conduct door-to-door visits and inspections of temporary stalls. The focus has been on identifying issues such as aging socket lines and haphazard wiring that could pose significant safety hazards. Notably, in areas with a high concentration of electrical equipment—such as barbecue stalls and iced drink vendors—leakage protection switches have been installed on-site to establish a robust defense against electrical risks from a hardware standpoint. Throughout the inspection process, staff not only promptly addressed identified hazards but also provided tailored professional advice to vendors based on their specific circumstances. This included reminders to keep electrical power strips away from water sources and recommendations for standardizing wiring practices for high-power equipment, effectively mitigating risks at an early stage.

In response to the awareness deficiency exhibited by certain vendors who prioritize business operations over safety, the company has intensified its efforts in safety education and public outreach. Considering the unique characteristics of electricity usage during the summer months, practical knowledge such as “Do not touch electrical appliances with wet hands” and “Disconnect the main switch promptly when closing your stall” has been disseminated among vendors through case studies, interactive Q&A sessions, and other engaging formats. Additionally, an “Electricity Safety Guide” was distributed to assist vendors in systematically mastering essential safe electricity practices while gradually enhancing their awareness of necessary precautions. To ensure efficient service responses, State Grid Xuzhou Power Supply Company has concurrently established a WeChat group dedicated to electricity usage services, facilitating 24-hour online support for merchants’ needs. Whether addressing sudden circuit failures or providing daily electricity consultations, stall owners can swiftly communicate their concerns via the WeChat group. The staff will promptly follow up on these issues, thereby creating a closed-loop service model characterized by early detection of potential hazards and rapid problem resolution. This initiative allows rural street stall owners to experience reliable power services while operating with peace of mind, thus injecting sustained momentum into the robust development of the street stall economy.

Pippit Launches “Agent Mode,” a Smart Engine to Turn any Idea into a Ready-to-Share Video

LOS ANGELES, Aug. 22, 2025 /PRNewswire/ — Pippit, a smart content creation tool designed for marketers, businesses and creators, today announced the launch of Agent Mode, a new feature that acts as a personal AI production team within its platform. “Agent Mode” is designed to be the smart engine for every creator, brand, and entrepreneur with an idea, removing the traditional barriers between concept and finished video. The new tool generates complete, ready-to-share videos from a single prompt and helps produce high-quality marketing, branded and organic videos.

Courtesy of Pippit
Courtesy of Pippit

Powered by CapCut, Pippit’s Agent Mode introduces a new, streamlined creative workflow. The AI video generation agent creates multiple video variations from structured user inputs, giving creators unprecedented simplicity and control.

The process begins when a user selects “Agent Mode” and uploads reference media. This can include product images, video clips for stylistic inspiration, or documents with additional information to guide the new feature. Users then have the option to include an AI avatar, choosing from a library of pre-made selections or uploading their own custom avatar for a unique, on-brand presence. With the ability to generate content in multiple languages, Agent Mode produces stunning visuals and engaging videos that stand out across digital channels.

The launch of Agent Mode provides tailored solutions for a wide range of users:

  • E-commerce and Dropshippers: Instantly create winning video ads for any product without ever needing to hold it.
  • Creators and Agencies: Automate content pipelines, generating a week’s worth of videos in minutes and instantly scaling ad creative.
  • Casual Creators and AI Enthusiasts: Turn fun ideas into amazing videos with zero editing skills required.

Other notable key features on Pippit

  • Product Showcase: Instantly generate videos that showcase an uploaded product image in use, for example being displayed, held, or styled.
  • AI Design: Generates fully composed posters from a simple moodboard of user-provided ideas and images. This feature provides a powerful tool for creating professional-quality marketing materials, eliminating the need for specialized design skills.
  • Link to Video generation: A smart tool that instantly turns any of your website links into engaging marketing videos.
  • AI Talking Photo: Animates any static image by allowing users to upload a picture and add a script, bringing it to life with speech. This capability transforms a simple photo into an unforgettable, viral-worthy video.

About Pippit
Pippit is a forward-thinking creative technology company dedicated to building the future of content creation. Pippit helps creators, small businesses, marketers, and individuals produce marketing content smarter and faster. By harnessing the power of AI, Pippit aims to remove the barriers to video production, making it accessible to everyone, from individual creators to large-scale agencies

CONTACT: Manasvee Muralikumaar, manasvee.m@bytedance.com

CMC REIT Announces 2025 Interim Results

Demand in Core Areas Remains

Garden City’s Operations Continue to Improve

HONG KONG, Aug. 22, 2025 /PRNewswire/ — China Merchants Commercial Real Estate Investment Trust (“CMC REIT” or “the Trust”, HKEX stock code:1503), announced its interim results for the six months ended 30 June 2025.

During the period, the rental income was RMB195.7 million, a decrease of 17.9% when compared to last year. The revenue reached RMB225.0 million, which decreased 15.5% compared to last year. During the period, the distribution per Unit to Unitholders was HK$0.0558 (equivalent to RMB0.0509). Based on the closing unit price of HK$1.23 on 30 June 2025, this represents an annual distribution yield of 9.1%.

As at 30 June 2025, net assets attributable to Unitholders amounted to RMB2,996 million or RMB2.66 per Unit, equivalent to HKD2.92 per Unit (“NAV per Unit”) based on central parity rate as announced by the People’s Bank on 30 June 2025. The closing unit price of HKD1.23 on 30 June 2025 represented a 57.9% discount to the NAV per Unit.

Business Performance
During the period, the aggregate occupancy rate of the entire property portfolio decreased from 90.6% to 84.5%, representing an overall decrease of 6.1 percentage points. Substantial lease terminations in Technology Building 2 and New Times Plaza caused our average occupancy rate for offices to decrease from 89.8% to 81.2%. The occupancy rate of Garden City Shopping Centre continued to rise, increasing by 4.7 percentage points to 98.2%.

While office vacancy rates in Beijing have remained elevated due to persistent oversupply, Onward Science & Trade Center applied the strategy of prioritizing occupancy over rental rates to maintain high occupancy, successfully achieved a rebound in occupancy rates in the second quarter. As the oversupply situation in Shenzhen is more severe, our other Grade-A office, New Times Plaza has seen a decrease in both occupancy and rent rate. The occupancy rate at Garden City continues to climb, though current rental prices have experienced a slight decline.

New Times Plaza
There has been no appreciable improvement in the Shenzhen Grade-A office market. In this challenging environment, New Times Plaza’s passing rent decreased by RMB 5.2/sq.m to RMB 144.6/sq.m. The expiration of a sizable lease in the first half of 2025 then led the occupancy rate to drop from 74.1% at year-end 2024 to 56.4%.

Under the influence of the downturn of the Shenzhen Grade-A office market and a material drop in both occupancy and passing rent, New Times Plaza’s valuation decreased by RMB20 million to RMB1,885 million as of 30 June 2025.

Cyberport Building, Technology Building and Technology Building 2

During the period, the occupancy rate and passing rent of our Grade-B properties in the Net Valley (Technology Building, Technology Building 2, and Cyberport Building) have also weakened, but to a lesser extent.

As a result of several lease expires at Cyberport Building, its occupancy rate decreased by 5 percentage points to 86.3%, while its passing rent decreased to RMB127.0/sq.m. Technology Building’s occupancy rate decreased to 97.4% but its passing rent increased by RMB3.0/sq.m to RMB142.6/sq.m compared to the end of last year. The occupancy rate of Technology Building 2 dropped by 10.3 percentage points to 89.5%, while its passing rent decreased by RMB2.4/sq.m to RMB120.9/sq.m as compared to the end of last year. In terms of valuation, Technology Building’s valuation increased by RMB5 million to RMB947 million due to its higher passing rent. The valuations of Technology Building 2 and Cyberport Building decreased by 1% and 1.9%, respectively.

Onward Science & Trade Cente
Due to the intense competition among Grade-A offices in Beijing, to boost occupancy, Onward Science & Trade Center has been prioritizing occupancy over rental rates. In exchange its occupancy recovered to 92.2%, which was almost the same as at the end of last year. This strategy resulted in a downward adjustment to its passing rent, which fell by 16% to RMB 219.3/sq.m.

As a result of the decrease in market rent in Beijing and the shortening duration of Onward Science & Trade Center’s land lease, the valuation of this property decreased by RMB101 million to RMB2,411 million.

Garden City Shopping Centre
Operations at Garden City Shopping Centre have continued to improve, and its occupancy rate increased by 4.7 percentage points to 98.2%. Various operations performance, such as foot traffic, the number of active loyalty program members, and tenants’ sales, all indicate that the mall has been performing well. However, as it approached full occupancy by leasing out its residual below-average-rent spaces, its average passing rent fell to RMB121.7/sq.m. Competition for retail tenants will be intense in the future, and we will adopt marketing strategies to align with the latest market trends as they evolve. The valuation of Garden City Shopping Centre as of 30 June 2025 was RMB1,465 million, representing a decrease of RMB21 million.

Outlook
Looking ahead to the second half of the year, China’s economy will continue to face challenges arising from a complex and volatile external environment and weak domestic demand. However, with the continuing implementation of industrial policies and the gradual unlocking of consumption potential, the economy is expected to maintain a stable growth trajectory. The prospects of different commercial real estate markets is expected to vary, with core areas supported by industrial development likely to stabilize first. At the policy level, targeted adjustments will continue to be implemented, seeking a balance that delivers stable growth at minimal risk.

Moving forward, the Company will continue to actively seek opportunities to optimize costs, in particular interest expenses. In January this year, the Company completed a refinancing of RMB4.1 billion, reducing the overall financial costs of CMC REIT by 37 basis points to 2.8%. the Company will also seek more high-quality and diversified asset classes for investment in Greater China, including student residences and serviced apartments, which have stronger anticyclical capabilities, to further diversify the asset portfolio and income sources of CMC REIT and achieve long-term sustainable growth in the distribution per unit to Unitholders.

About China Merchants Commercial REIT
China Merchants Commercial REIT is a Hong Kong collective investment scheme constituted as a unit trust and authorised under section 104 of the SFO. China Merchants Commercial REIT was launched by a well-known state-owned enterprise: China Merchants Shekou Industrial Zone Holdings Co., Ltd. (1979.SZ). It was listed on the Main Board of the Hong Kong Stock Exchange in December 2019, marking the first successful listing of a REIT in Hong Kong since 2014. It is also the first REIT to be managed by a state-owned corporation of the People’s Republic of China. China Merchants Commercial REIT is a REIT formed to primarily own and invest in high quality income-generating commercial properties in the PRC (including Hong Kong and Macao but excluding the CML Cities). Its initial focus is: (i) the Greater Bay Area (other than Foshan and Guangzhou, being two of the CML Cities), which is where the initial five Properties are situated; and (ii) Beijing and Shanghai. China Merchants Commercial REIT holds six high-quality properties, with five located in Shekou, Shenzhen, and one located in Beijing. It is managed by the REIT Manager whose key investment objectives are to provide Unitholders with stable distributions, sustainable and long-term distribution growth, and enhancement in the value of China Merchants Commercial REIT’s properties.

For more information about China Merchants Commercial REIT, please visit its corporate website: http://www.cmcreit.com/.

For enquiries, please contact Burson:

Ovina Zhu

Tel: (852) 5933 9083

Email: ovina.zhu@bursonglobal.com

Oren Huang

Tel: (852) 5426 4707

Email: oren.huang@bursonglobal.com

TCLE (01070.HK) Adjusted Profit Attributable to Owners of the Parent Surged by 62.0% YoY in H1 2025

Mid-to-High-End Strategy Yield Tangible Results with High-Quality Growth in Global Business

Results Highlights

  • Focusing on its strategy of mid-to-high-end positioning and globalisation initiatives, TCL Electronics’ core business achieved quality growth and continuously enhanced its profitability. For the first half of 2025, revenue increased by 20.4% year-on-year to HK$54.78 billion, profit after tax increased by 60.5% year-on-year to HK$1.05 billion, whilst adjusted profit attributable to owners of the parent[1] rose by 62.0% year-on-year to HK$1.06 billion
  • In the first half of 2025, global shipment of TCL TV grew by 7.6% year-on-year to 13.46 million sets, maintaining its position amongst the world’s top two[2] TV brands. The global shipment of TCL Mini LED TV soared by 176.1% year-on-year to 1.37 million sets, firmly securing TCL’s position as the global No.1[3]. The effective implementation of the mid-to-high-end strategy drove the gross profit margin of the large-sized display business improved by 0.5 percentage points to 15.9% year-on-year
  • The internet business ecosystem continued to mature, driving both scale growth and high profitability. In the first half of 2025, internet business revenue increased by 20.3% year-on-year to HK$1.46 billion, with gross profit margin improving by 0.5 percentage points year-on-year to 54.4%
  • Innovative business maintained robust growth, with revenue for the first half of 2025 increasing by 42.4% year-on-year to HK$19.88 billion, among which, revenue and gross profit of photovoltaic business achieved year-on-year increases of 111.3% and 98.5%, reaching HK$11.14 billion and HK$1.07 billion, respectively.

HONG KONG, Aug. 22, 2025 /PRNewswire/ — TCL Electronics Holdings Limited (“TCL Electronics” or the “Company”, 01070.HK) today announced its interim results for the six months ended 30 June 2025. The Company’s core business achieved quality growth, complemented by significant optimisation of product and channel mix, coupled with rapid expansion of innovative business. This resulted in a 20.4% year-on-year increase in overall revenue to HK$54.78 billion and a 16.0% year-on-year increase in gross profit to HK$8.37 billion.

The Company has continued to strengthen its competitive advantages in cost management and operational efficiency. Through proactive digital transformation initiatives and automation and intelligent upgrades, the Company has enhanced its operational efficiency across production, manufacturing, logistics, and warehousing. Combined with sustained implementation of precision marketing strategies, the Company’s overall expense[4] ratio in the first half of 2025 decreased by 1.0 percentage point year-on-year to 11.5%.

Driven by scale advantages and successful mid-to-high-end strategy execution, the Company’s profitability improved significantly. In the first half of 2025, profit after tax increased by 60.5% year-on-year to HK$1.05 billion, whilst adjusted profit attributable to owners of the parent rose by 62.0% year-on-year to HK$1.06 billion.

Notable Trends towards Mid-to-High-End and Large-Screen Products, Quality Growth in Large-Sized Display Business Driven by Optimised Product Portfolio

Leveraging effective enhancement of brand influence, proactive global channel development, and continuous product mix optimisation, the Company’s display business revenue increased by 10.9% year-on-year to HK$33.41 billion in the first half of 2025, with gross profit rising by 11.4% year-on-year to HK$5.20 billion. In particular, large-sized display business generated global revenue of HK$28.35 billion, representing a year-on-year increase of 9.4%. The gross profit margin improved by 0.5 percentage points to 15.9% year-on-year. In the first half of 2025, global shipment of TCL TV grew by 7.6% year-on-year to 13.46 million sets, maintaining its position amongst the world’s top two[5] TV brands. The global shipment of TCL Mini LED TV soared by 176.1% year-on-year to 1.37 million sets, firmly securing TCL’s position as the global No.1[6].

In the PRC market, leveraging its effective mid-to-high-end strategy and benefitting from the PRC’s “trade-in” policy that released strong demand on mid-to-high-end products, the Company achieved steady growth in shipment and continuous product mix optimisation, outperforming the industry average. In the first half of 2025, the shipment of TCL TV in the PRC market increased by 3.5% year-on-year, with the shipment of TCL-branded TV achieving 10.2% year-on-year growth, ranking among the top two[7]  in terms of both retail sales volume and retail sales revenue. Shipment of TCL Mini LED TV surged by 154.2% year-on-year, with its shipment proportion climbing 12.6 percentage points to 21.2%. The continued increase in shipments of mid-to-high-end and large-size products drove the Company’s revenue in the PRC market to grow 4.4% year-on-year to HK$8.72 billion, with gross profit margin improving by 1.7 percentage points year-on-year to 19.4%, further enhancing profitability.

In the international market, the Company has proactively engineered a globalised manufacturing footprint for its TV operations. The Company has established a distributed network of production bases in locations including China, Vietnam, Mexico, Brazil, Poland and Pakistan. Via distributed capacity deployment, the Company has realised dynamic supply chain orchestration and enabled flexible reallocation of production focus, with a total annual capacity exceeding 30 million sets. In the first half of 2025, the shipment of TCL TV in the international market grew by 8.7% year-to-year. Notably, the shipment of TCL Mini LED TV in the international market soared by 196.8% year-on-year, and its shipment proportion expanding by 4.9 percentage points to 7.7%. The significant growth in shipment of mid-to-high-end products drove a year-on-year increase of 11.8% in international market revenue of large-sized display business to HK$19.63 billion, with gross profit margin enhanced by 0.1 percentage points to 14.4%. Leveraging high-impact platforms such as international top-tier sporting events, exhibitions, eSports tournaments, and film collaborations, the Company enhanced its global brand influence continuously. Meanwhile, the Company expanded and deepened key channel coverage, driving TCL TV to maintain a top-three[8] ranking in nearly 20 countries internationally.

In addition, guided by the strategy of “prioritising efficiency, focusing on key markets, and steadily expanding business”, the Company’s small-and-medium-sized display business achieved steady growth by focusing on key markets, deepening its penetration of first-tier network operators in Europe and North America and further consolidating strategic partnerships with core partners. In the first half of 2025, the Company’s small-and-medium-sized display business revenue increased by 21.3% year-on-year to HK$4.56 billion, with gross profit increasing by 2.7% year-on-year to HK$0.63 billion.

User Experience at the Core, Elevating TV AI Interaction, Vigorously Expanding Overseas Market, Powering Sustainable Growth in Internet Business

TCL Electronics remains committed to expanding the global presence of its home internet business, prioritising user needs and continuously enhancing user experience. In the first half of 2025, the Company’s global internet business revenue reached HK$1.46 billion, representing a year-on-year increase of 20.3%. Gross profit increased by 21.5% year-on-year to HK$0.79 billion, while gross profit margin improved by 0.5 percentage points year-on-year to 54.4%, demonstrating strong profitability.

In product innovation, as a pioneer in the OTT field, TCL Electronics completed the significant upgrade of “TCL LINGKONG UI 3.0” during the reporting period, which achieved streamlined desktop optimisation while fully leveraging Mini LED display technology advantages to deliver superior viewing experiences. Simultaneously, UHD services were deployed across TV terminals, featuring an industry-leading volume and duration of content, offering over 30,000 hours of UHD content and providing users with unparalleled immersive audio-visual experiences.

Moreover, TCL Electronics continued strengthening strategic partnerships with internet giants such as Google, Roku and Netflix, driving continuous breakthroughs in overseas business models. The fully upgraded TCL Channel is equipped with a refreshed user interface, significantly improving content distribution efficiency; It has also established dual first-class experiences in FAST and AVOD. In countries such as the U.S., Brazil, France and Spain, the achievement of content localisation has been accompanied by a substantial increase in the share of high-quality content. Furthermore, the average consumption time for in-house content products has seen a twofold increase. As of 30 June 2025, TCL Channel achieved global overseas market coverage with over 39.30 million cumulative users, effectively fuelling sustained growth in international internet business.

Innovative Business Achieves a Significant Leap in Scale, Profitability and Competitiveness of Photovoltaic Business Continuously Enhancing, Continuous Breakthroughs in AI Deployment

While achieving high-quality growth in its core business, the Company has leveraged enhanced global marketing efficiency and brand strength to accelerate its presence in innovative business. In the first half of 2025, TCL Electronics’ innovative business maintained robust growth, with revenue for the first half of 2025 increasing by 42.4% year-on-year to HK$19.88 billion, and gross profit growing by 25.7% year-on-year to HK$2.37 billion.

In the first half of 2025, TCL Electronics enhanced competitive advantages in the market-based power trading, continuously deepened channel cooperation, accelerated the implementation of innovative application scenarios and product innovation iterations, and continuously strengthened operational efficiency to ensure high-quality and healthy business development. During the reporting period, the Company significantly enhanced channel stickiness through mutual empowerment and refined channel operations, deepened cooperation with capital partners capable of engaging in market-based power trading, and co-created green financial solutions with financial institutions to achieve high-quality ecological collaboration development. Meanwhile, the Company continuously explored new scenarios, including zero-carbon parks, photovoltaic storage charging solutions, and high-end villas, adapting to the ever-changing market demands through product and technological innovations. In the first half of 2025, the Company’s photovoltaic business revenue increased by 111.3% year-on-year to HK$11.14 billion, with gross profit rising by 98.5% year-on-year to HK$1.07 billion. As of 30 June 2025, the Company’s photovoltaic business has over 290 cumulative industrial and commercial contracted projects and more than 2,380 cumulative distribution channels, benefitting over 280,000 cumulative contracted rural residents.

The Company achieved ground-breaking breakthroughs in the field of AR/XR smart glasses. In the first half of 2025, RayNeo, a company internally incubated by the Company, launched a series of three blockbuster new products through collaborative IP branding, including the portable lightweight Air 3s Pro XR private cinema glasses, the V3 Slim AI shooting glasses for capturing moments anytime and anywhere, and the X3 Pro AI glasses, a personal information terminal featuring full-colour AR and AI integration. During the 618 Shopping Festival in 2025, RayNeo’s domestic market share in terms of sales volume exceeded 52%, representing a 2.4-fold[9] increase in sales volume year-on-year. RayNeo Smart Glasses secured sales volume championship in the XR category on both JD and Tmall platforms, demonstrating strong consumer recognition. Earlier this year at the International Consumer Electronics Show (CES), the Company unveiled the world’s first modular AI companion robot, the TCL AiMe. Integrating AI, IoT control hub capabilities, and home companion functionalities, this product presents a significant technological breakthrough. The launch of the TCL AiMe marked a pivotal step in the Company’s advancement within the AI + IoT + robotics domain, while underscoring its leadership in the integration and application of AI and IoT technologies.

Outlook: Pursue “Mid-to-High-End + Globalisation” Strategy, Drive High-Quality Growth Through Technological Innovation

Looking ahead, the Company will adhere to its business philosophy of “Strategy Guidance, Innovation Drive, Advanced Manufacturing and Global Operation”. It will continue to deepen its dual-drive strategy of “Mid-to-High-End + Globalisation”, enhance TCL’s global brand momentum, and increase R&D investment to solidify its strategic high ground in the mid-to-high-end market. At the same time, the Company will further optimise its global supply chain, logistics, and service systems, while vigorously promoting digital transformation to improve operational efficiency. Committed to the long-term operational goal of “net profit growth rate> gross profit growth rate > revenue growth rate > sales volume growth rate”, the Company is unwavering in its pursuit of a high-quality development trajectory, dedicated to creating value for customers, building a platform for employees, delivering returns for shareholders, and fulfilling social responsibilities, as it forges ahead relentlessly toward its vision of becoming a world-leading smart device enterprise.

About TCL Electronics

TCL Electronics Holdings Limited (01070.HK, incorporated in the Cayman Islands with limited liability) was listed on the mainboard of the Hong Kong Stock Exchange in November 1999. It is engaged in display business, innovative business and internet business. TCL Electronics actively transforms and innovates under the business philosophy of “Strategy Guidance, Innovation Drive, Advancing Manufacturing and Global Operation”. Focusing on the mid-to-high-end markets around the world, the Company strives to consolidate the “Intelligent IoT Ecosystem” strategy and is committed to providing users with an all-scenario smart and healthy life while developing into a world-leading smart technology company. TCL Electronics is part of the Shenzhen-Hong Kong Stock Connect programme and is included in the Hang Seng Stock Connect Hong Kong Index, the Hang Seng Composite MidCap & SmallCap Index and the Hang Seng Corporate Sustainability Benchmark Index. Besides, it has received Hang Seng Index’s ESG rating of A for consecutive years since 2018.

For more information, please visit the investor relations web page of TCL Electronics at http://electronics.tcl.com or follow the Official Account of TCL Electronics investor relations.

[1] Adjusted profit attributable to owners of the parent as profit attributable to owners of the parent is defined after adding back the following adjustments: (i) (gain)/loss from investment companies, net; (ii) (gain)/loss on disposal and liquidation of subsidiaries, net; (iii) (gain)/loss related to call options and put options, net; (iv) (gain)/loss on disposal of non-current assets, net; and (v) related income tax effect.

[2] Source: Global brand TV shipment in the first half of 2025 from Omdia.

[3] Source: Global brand Mini LED TV shipment in the first half of 2025 from Omdia.

[4] Overall expenses include selling and distribution expenses and administrative expenses.

[5] Source: Global brand TV shipment in the first half of 2025 from Omdia.

[6] Source: Global brand Mini LED TV shipment in the first half of 2025 from Omdia.

[7] Source: Retail sales volume of TCL-branded and Falcon- branded TV in the first half of 2025 in the PRC market from CMM’s omni-channel data.

[8] Source: Internal report of the Company,based on TV retail sales volume in the first half of 2025.

[9] Source: JD Business Intelligence, Tmall Business Advisor, RUNTO, and CINNO Research, data from 14 May 2025 to 18 June 2025.

 

IHG Hotels & Resorts debuts the first voco resort in Quang Tri Province (formerly Quang Binh), Vietnam

DONG HOI, Vietnam, Aug. 22, 2025 /PRNewswire/ — IHG Hotels & Resorts opens voco Quang Binh Resort By IHG, the first international resort in Quang Binh (now part of Quang Tri province). The all-suite-and-villa resort also marks the second voco hotels property to open in Vietnam, alongside voco Ma Belle Danang – By IHG which opened in 2023.

Each voco property is characterised by its individual charm, which provides guests with something unique while creating an inviting and unstuffy atmosphere for guests to truly unwind and feel at ease. Infused with charming personal touches and subtle Vietnamese influences, voco Quang Binh Resort By IHG is a great gateway to explore the province of Quang Binh.

“We are thrilled to extend a warm welcome to all our guests and introduce distinctive touches that celebrate the natural beauty of Quang Binh while allowing them to unwind in a distinctive and comfortable stay,” said Clay Clayton, Cluster General Manager. “Centered around the brand hallmarks “Come on in’, ‘Me Time’ and ‘voco life’, we aim to deliver delightful and uplifting experiences through our local community and sharing the wonders of this destination with travelers from around the world.”

Located in Dong Hoi, voco Quang Binh Resort By IHG offers 68 suites and beachfront villas providing a tranquil and personal atmosphere with direct access to Bao Ninh beach. Its design focuses on creating a warm and inviting atmosphere. The distinctive interior offers a subtle nod to Indochine aesthetics with rich colours, intricate patterns and local craftmanship, paired with artworks exclusive to voco hotels. The spacious layout of its suites and villas – between 43sqm and 300sqm, invites natural light to flood in, creating a rustic and calming atmosphere perfect for relaxation. 

Upon check in, guests will be greeted with refreshing drink and a delicate sweet treat – a simple yet thoughtful gesture that perfectly embodies voco’s signature “Come on in” spirit.

Prioritizing each guest’s physical and mental well-being, voco Quang Binh Resort By IHG introduces Yen Spa & Wellness, the resort’s spa for guests to restore balance through personalized treatments. Featuring tranquil spa treatment rooms, a Yin Yang foot spa, a rejuvenating hydrotherapy pool, sauna rooms and salon, Yen Spa is a comprehensive wellness and spa center. In addition, guests can enjoy relaxing moments at the indoor and outdoor pool, set amidst a tranquil and nature-inspired setting.

For dining, guests have the option to dine at Flamingo Restaurant, an all-day dining concept that serves up local signatures such as banh canh, Quang noodles, Hue beef noodle soup as well as favorite international dishes, or sip on refreshing cocktails at Oasis Pool Bar while watching the spectacular Vietnamese sunset.

As a place where forests, the sea, and an extensive cave system, Quang Binh has long been a captivating destination for nature lovers and those seeking unique travel experiences. Ideally located, voco Quang Binh Resort By IHG is not only a refreshing and contemporary retreat, but also a great gateway for an emotional journey through the magnificent beauty of “the Kingdom of Caves”. From here, guests can easily explore Son Doong Cave which is the largest cave in the world and home to towering stalagmites, underground rivers, jungle with wildlife and a 116-kilometre-long coastline with picturesque beaches such as Nhat Le and Da Nhay. Guests can also look to visit the Phong Nha – Ke Bang National Park, kayak on Mooc spring, experience Vietnam’s longest zipline, mud bathing at Chay river or visit the spiritual cultural site of Lieu Hanh Mother Temple.

For more on voco Quang Binh Resort By IHG, visit the hotel’s website or follow on Instagram, Facebook and LinkedIn.