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BExcellent Group acquires for 30.0% equity of a local overseas education consultant company

Cooperation with industry expert to deepen oversea education business

HONG KONG SAR – Media OutReach – 31 March 2023 – “Glocal Education Services Centre” (GES), and “Academic Advisers”, which are owned by BExcellent Group Holdings (“BExcellent Group” or the “Company”, together with its subsidiaries, the “Group”; stock code: 1775), have officially launched a merger plan with “LINKEDU”, one of the experts in overseas education consulting services.

It is anticipated that this merger will integrate the strengths of the three companies to create a greater team of overseas education advisers, covering both secondary schools and universities, combining resources, expertise and experience of the three teams to provide students and parents with more comprehensive and caring one-stop study advisory services.

The total amount of the consideration for the acquisition is approximately HK$9.18 million, which includes HK$1.05 million being payable in cash upon completion. After the completion date, another HK$2.92 million will be settled by the allotment and issue of approximately 3.65 million Consideration Shares under the General Mandate at the issue price of HK$0.80 per Consideration Share, representing approximately 0.72% of the number of issued Shares. The balance of the consideration, being HK$5.21 million, is payable by the transfer of shares in GES and Academic Advisers, in return for 90,000 new Target Shares to be allotted and issued by “LINKEDU”.

With the extensive network and resources of Beacon Group, the parent company of GES which is an indirectly wholly-owned subsidiary of the BExcellent Group, GES has been committed to provide consulting services under career-oriented approaches to students who are interested in the professional disciplines, especially in health sciences and medicine, so as to provide them with the latest academic and industry information. Also, GES provides different internship programmes to allow students understand their suitability to specific disciplines and help to fulfill their dream of overseas studies.

GES has partnered with Academic Advisers for years to provide overseas education consultancy services. Academic Advisers specializes in consultancy services on overseas secondary boarding school and its network of schools covers the United States, the United Kingdom, Australia, New Zealand, Canada and other popular oversea study areas. Also, Academic Advisers works with the local schools to arrange short-term study programs for the students to experience.

As for LINKEDU, it is a specialist in international education in the United Kingdom and Australia. Its services range from different preliminary work, including school selection, admission application, interviews, visas, accommodation and air ticket booking, to follow-up and support services after admission and up to graduation.

Ms. Leung Ho Ki, June, Chairman of the Group, said, “With the addition of LINKEDU to the BExcellent Group, the business will complement GES and Academic Advisers and the services will range from secondary boarding schools to universities and up to the future career consulting services. We will provide students with one-stop overseas education consultancy services. No matter which country the students intend to study in, we will join hands with them to help them realize their dreams.”

Hashtag: #BExcellentGroup

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

BExcellent Group Holdings Limited

BExcellent Group Holdings Limited (“BExcellent Group”) is a leading provider of private supplementary secondary school education services in Hong Kong, particularly in providing private supplementary secondary school education services and a series of ancillary education services and products, and operating private secondary day schools in Hong Kong. The education brands of the Group include “Beacon College”, “Beacon Day School”, and “Beacon Childhood”, etc. Furthermore, the Group has developed international education services for schools and has successfully commenced education programme in the Greater Bay Area. As at 31 January 2023, the Group operated 10 teaching centres, with a total of 80 classrooms, which, in accordance with the EDB’s guidelines, allow a maximum classroom capacity of 2,273 students to attend class at any one time.

Swang Chai Chuan Limited Announces FY2022 Annual Results

Revenue and adjusted profit increased by 25.0% and 18.4% YoY respectively

Performance Highlights

  • Revenue increased by 25.0% to approximately RM835.91 million.
  • Gross profit increased by 18.1% to approximately RM111.62 million.
  • Profit for the Reporting Period, excluding listing expenses, increased by 18.4% to approximately RM33.8 million
  • Basic earnings per share was RM3.25 sen

Financial Highlights:

For the year ended 31 Dec
RM’000 2022 2021 Change
Revenue 835,906 668,738 +25.0%
Gross profit 111,621 94,508 +18.1%
Profit for the Reporting Period 26,787 23,588 +13.6%
Profit for the Reporting Period, excluding listing expenses 33,813 28,562 +18.4%
Earnings per share (sen) 3.25 3.26 Stable

HONG KONG SAR – Media OutReach – 31 March 2023 – Swang Chai Chuan Limited (“Swang Chai Chuan” or the “Company”, together with its subsidiaries, the “Group”; stock code: 2321.HK), an established distributor of food & beverage and other products located in Malaysia, announced its annual results for the year ended 31 December 2022 (the “Reporting Period”). During the Reporting Period, the Group’s revenue increased by approximately 25.0% to approximately RM835.9 million mainly due to the increase in the distribution revenue from third party brands and white label products amounting to approximately RM143.0 million and RM16.2 million respectively.

The Group recorded a profit for the year of approximately RM26.8 million for the year ended 31 December 2022 compared to RM23.6 million in 31 December 2021 (the “Preceding Year”). The adjusted profit for year, excluding listing expenses, have increased by approximately 18.4% from RM28.6 million to RM33.8 million for the year ended 31 December 2021 and 2022 respectively. Basic earnings per share was 3.25 sen (2021: 3.26 sen) during the year.

During the Reporting Period, gross profit for the year ended 31 December 2022 was approximately RM111.6 million (2021: approximately RM94.5 million). Gross profit margin of the Group decreased to approximately 13.4% in the Reporting Period as compared to approximately 14.1% in the Preceding Year. The decrease in the gross profit margin was due to the result of competitive price strategy to capture market share, inflationary price increase of products that the Group were not yet able to fully pass on to the customers in the second half of the year and the lower margins from securing two new distribution rights.

BUSINESS REVIEW AND PROSPECTS

The COVID-19 pandemic led to an increase of demand of F&B products, the Group was actively accelerating its business by leasing warehouses to satisfy increased demand. By the end of 2022, the Group has a total of 9 self-owned and 3 leased warehouses strategically located all over Malaysia which contributed to an aggregate designated storage capacity of 30,900m³. In addition, the Company also owns a fleet with more than 150 self-operated logistics vehicles.

Looking forward, the Group will continue to utilize its existing industry knowledge to expand the core strengths and target to explore more business opportunities, and also exercise a careful cost control measures under high inflation business environment to enhance profit margin and maintain its competitiveness.

Mr. Soon See Beng, Chairman and Chief Executive Officer of the Group, said, “Under the influence of the COVID-19 pandemic, demand of F&B remained strong last year, which driving double-digit revenue and profit growth for the year. The Group was successfully listed on the Main Board of the HKEX last year which represented an important milestone for the Group and laid the foundation for overseas development plans. The Group will continue to actively expand our business by increasing seeking new suppliers, investing in product development, enhancing warehouses capacity in the future. Also, we plan to expand our own brand into different markets like Indonesia and China”.

Hashtag: #SwangChaiChuan

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

Swang Chai Chuan Limited

Swang Chai Chuan Limited is an established distributor of food & beverage and other products located in Malaysia. The Company distributes a great selection of products consisting of more than 200 international, domestic third-party and own brands. Apart from F&B products such as dairy products, frozen food, packaged food and commodities, sauce, oil and condiments, beverages and speciality products, the Company also provides non-F&B options, which include personal and baby care products, pet care products and cleaning and kitchen supplies. Furthermore, the Company currently has more than 11,000 active customers in Malaysia, and also offers warehousing logistics, sales and other services.

Woman Decapitated in Gruesome Vientiane Hit and Run

Hit and Run in Vientiane Capital Sees Woman Decapitated
Motorbike that was totaled (left), and pickup truck that caused the offence (right).

A woman was decapitated in a gruesome hit-and-run accident Thursday evening in Vientiane’s Sikhottabong District after a pickup truck hit her bike head-on.

Yonghe Medical Announces 2022 Annual Results

Steady growth of stores and layout; Revolutionary academic achievements promote industry progress

Financial Highlight:

  • Revenue amounted to RMB1,412.8 million;
  • Revenue from hair transplant services amounted to RMB1,030.5 million, accounting for 72.9% of our total revenue. Revenue from medical hair care services amounted to RMB362.5 million, accounting for 25.7%
  • Gross profit was RMB872.6 million; gross profit margin was 61.8%;
  • Net loss amounted to RMB85.9 million;
  • Basic loss per Share was RMB0.16;
  • Not to declare any dividend.

HONG KONG SAR – Media OutReach – 31 March 2023 – Yonghe Medical Group Co., Ltd. (“Yonghe Medical”, together with its subsidiaries, the “Group”, is pleased to announce the audited consolidated annual results of the Company for the year ended December 31 2022 (the “Reporting Period”).

During the reporting period, the COVID-19 pandemic in mainland China had a significant impact on the Group’s business, resulting in a drop by approximately 40.0% in customer flow which led to an overall decline in revenue. The Group’s had a revenue of RMB1,412.8 million. Gross profit was RMB 872.6 million, with a gross profit margin of 61.8%. The Group recorded a net loss of RMB 85.9 million, with a basic loss per share of RMB 0.16.

Adhering to the original intention of medical care; the number of people served continues to increase

As a leading medical group in China specializing in providing hair transplant services, Yonghe Medical has always maintained the largest and most extensive chain of hair transplant clinics in the country. At the same time, Yonghe Medical also adheres to the dual main business development of hair transplant services and medical hair care service.

For the year ended December 31, 2022, our revenue from hair transplant service amounted to RMB1,030.5 million, accounting for 72.9% of our total revenue. Guided by the initial intention of “More integrity, Less sugarcoating”, and our philosophy of “outstanding hair transplant depends on professional physicians”. Yonghe Medical launched the physicians’ value-based pricing mechanism to further boost patients’ confidence in our “Yonghe Hair Transplant” brand.

During the Year, revenue from medical hair care service amounted to RMB362.5 million, accounting for 25.7% of our total revenue. As a pioneer in China’s medical hair care industry, Yonghe have provided professional and customised diagnosis and treatment services to our patients through Svenson Medical Hair Care Centers in our hair transplant clinics under the “shop-in-shop” model. To further boost a broader development of our medical hair care service, Yonghe have provided our medical-grade hair health management services to our patients in a more convenient and professional way through our “Svenson Medical Hair Care Centers” that have been opened as stand-alone stores since 2022. For the year ended December 31, 2022, the number of patients who received our medical hair care service was 63,257, and the repurchase rate of our medical hair care service packages was 28.2%.

Expanding during the pandemic; Market outlook is still optimistic

Despite the pandemic, Yonghe Medical did not stop its expansion. During the Reporting Period, Yonghe focused our efforts on expanding the presence of Yonghe Hair Transplant clinics into tier-two and tier-three cities, and started to open stand-alone Fa Zhi Chu Female Hair Transplant clinics, and extended the store network for stand-alone Svenson Medical Hair Care Centers in the Guangzhou-Shenzhen region. During the Reporting Period, Yonghe opened 6 Yonghe Hair Transplant clinics; 3 Fa Zhi Chu Female Hair Transplant clinics in Hangzhou, Beijing and Chengdu, respectively; 6 Svenson centers in Shenzhen and Guangzhou, respectively. As at December 31, 2022, our 63 hair transplant clinics covered 60 cities in 28 provinces, autonomous regions, municipalities and special administrative regions across China.

At the same time, Yonghe Medical had a team of 1,341 medical professionals, 294 of them were physicians, continuing to be the largest professional medical team in the industry. Yonghe Medical has laid a solid foundation for future revenue growth by achieving a comprehensive national store layout and maintaining a strong and professional medical team.

Revolutionary breakthrough academic achievements in the hair industry; Refined marketing strategies to enhance brand value

In 2022, the research result of the cooperation between the Group and Sun Yat-sen University on inducing the transformation of fibroblasts into dermal papilla cells was officially published in the International Journal of Molecular Sciences, an authoritative Scientific Citation Index (SCI) Journal in international molecular medicine. The paper provides a simple and effective solution for subsequent in vitro culture of dermal papilla cells and treatment of hair loss by using small molecule drugs that transform fibroblasts into hair-inducing dermal papilla cells. This is a revolutionary breakthrough academic achievement in the hair industry that brings hopes of hair follicle regrowth to patients with thin hair.

Meanwhile, the Group recruited a number of high-caliber senior executives who have experience in successful chain brand operation. Yonghe thus managed to solidify our brand reputation by formulating a multi-pronged marketing strategy and enhancing customers’ awareness and stickiness to our brand. Yonghe also formulated our brand connotation marketing strategy focusing on our female business and medical hair care business that improves the brand influence of our “Fa Zhi Chu” female brand and our “Svenson” medical hair care brand in market segments in accordance with the industry developments, taking into account the growth of female customer base, the demand of a group of younger-age customers suffering from alopecia and the rising concerns over hair health among customers. The Group believes that brand reputation is founded on high standards of service quality and the most effective channel of marketing is the word-of-mouth referrals from customers. During the Reporting Period, the Group recorded a continued increase in the patient referral rate, which represented the achievements of our refined marketing and brand value enhancement efforts.

Promoting a technological management system and enhance the corporate image

Both innovation and application of digital technology are Yonghe important means to increase operating efficiency and enhance patients’ experience. Yonghe have always adopted industry-leading technology to enlarge our customer base, enhance patients’ experience, increase our operating efficiency and reduce costs. During the Reporting Period, Yonghe developed and launched an integrated consultation management system for the purpose of further improving physicians’ efficiency in consultation and strengthening our delivery of digital diagnosis and treatment services. Yonghe upgraded the information technology of our business operation system which allows appointment for consultation, smart photogrammetry for hair loss area measurement, upgrade of integrated diagnosis and treatment process and upgrade of our capabilities in areas such as operational data dashboard. With these technological applications, patients’ experience is considerably enhanced as our diagnosis and treatment process becomes more efficient, patients’ waiting time is effectively shortened and the cumbersome procedures in the course of operation are reduced.

During the Reporting Period, Yonghe Medical was recognized with numerous important awards from different areas, including the Best Annual Report Award by Hong Kong Investor Relations Association, the Rising Star of Listed Company Awards of Excellence 2022 by Hong Kong Economic Journal, the Best Information Disclosure Award of the 6th China IR Annual Awards, the Best CEO Award of the 7th Zhitong Caijing Listed Companies Awards, the Listed Company with Potential 2022 by Snowball Finance, the Best Growth Value of Listed Companies Award of Guruclub Greater China Best Listed Company Awards 2022 and the Annual Listed Companies with Excellent Value of the Golden Sail Award. These awards represent rewards for our restless efforts and recognition of our unwavering dedication to innovation and continuous development over the years. Yonghe will continue to endeavor to deliver greater value and returns for our shareholders, customers, staff members and people from all walks of the society.

Prospects

The management believes that the hair medical service market is in a period of rapid development, with significant unmet market demand and enormous growth potential. Leveraging the favorable industry prospects, the Group’s market leadership position, and established brand recognition, Yonghe Medical believes it is well-positioned to capture great opportunities in this fast-growing market.

Yonghe will continue to open new clinics as planned. To this end, we will pursue our strategy of penetrating into lower-tier cities for broader geographical coverage of our clinic network to further increase our coverage in cities of all tiers, and densifying our presence in tier-one and new tier-one cities for a deeper layout by adopting a business model of “multiple clinics in one city” to further increase our density of coverage in all cities. Yonghe will also improve our presence by opening Fa Zhi Chu female hair transplant clinics in selected regions to provide customised aesthetic hair transplant service to our female aesthetic hair transplant consumers. We expect to have nearly 85 hair transplant clinics in China by the end of 2023.

Yonghe will continue to put great efforts in strategically developing our medical hair care business, and seek continuous enrichment of its application scenarios, products and services. Yonghe will further diversify the design and application of Svenson products by launching a wider range of more effective hair health management products with the certificate for medical devices (械字號) and certificate for special cosmetics (特字號) on the basis of our existing Svenson products with the certificate for cosmetics (妝字號). Meanwhile, Yonghe strive to gradually expand the scale of our customer coverage on top of our established Svenson customer base. With the launch of upgraded customised tracking services and the establishment of medical diagnosis and treatment system, Yonghe will provide our customers with more comprehensive and professional hair health management services. We will also work further on the business expansion of our stand-alone Svenson stores by increasing the presence of Svenson Medical Hair Care Centers in a wider geographic area, so as to achieve an enhanced brand awareness and market share.

In addition, transforming our hair transplant clinics to comprehensive hair hospitals is another move Yonghe make to achieve business expansion from hair transplant market to hair-related healthcare service market. Qualified as class I general hospitals, the newly-opened comprehensive hair hospital in Shanghai has multiple hair-related specialty departments in addition to the hair transplant department. Our comprehensive hair hospital in Shanghai has commenced operation and our comprehensive hair hospital in Beijing is under construction and expected to commence operation upon completion by the middle of 2023.

In the future, Yonghe Medical will continue to operate with a technology-oriented approach and promote digital and smart services. We will create a Yonghe digital marketing platform, a Yonghe digital service platform, and a Yonghe digital collaborative operation platform to continuously improve our digital and smart business operations system from three aspects and significantly enhance the operational efficiency of our functional system. Yonghe will adhere to the principles of integrity and transparency in medical services, strive to create greater value for patients, and ultimately reward our shareholders with outstanding performance.

Hashtag: #YongheMedical

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

About Yonghe Medical Group Co., Ltd.

Founded in 2005 and listed on the Hong Kong Stock Exchange in December 2021, Yonghe Medical Group is the hair-related healthcare services medical group in China with a standardized and scalable business operation system. Since its establishment, the company has gone through three stages of initial exploration, nationwide development and accelerated expansion, and has built a multi-brand service system including Yonghe Hair Transplant, Svenson Medical Hair Care, female aesthetic hair transplant “Yonghe Fa Zhi Chu” and Hafada Hair Growth, etc. Currently, Yonghe operated 63 clinics under the brands of Yonghe Hair Transplant/Fa Zhi Chu Female Hair Transplant in 60 cities nationwide, and has developed into the largest one-stop hair-medical healthcare service group in China.

Japan Supports School Improvements in Savannakhet and Oudomxay

Japan Supports School Improvements in Savannakhet and Oudomxay Provinces
Students in a classroom.

The Government of Japan is providing grant assistance worth approximately USD 200,000 for two education projects in Savannakhet Province and Oudomxay Province for the benefit of their students through its Grant Assistance for Grassroots Human Security Projects (GGP).

DFA Design for Asia Awards 2023 – Call for Entry

Showcase the Power of Asian Design on the Global Stage

Open for International Submission on 1 April, Limited-Time 50% off Entry

HONG KONG SAR – Media OutReach – 31 March 2023 – With Asia’s growing influence in the international arena in various aspects, the Asian ways of design thinking and social betterment aspiration can inspire new and comprehensive solutions to global issues. The “DFA Design for Asia Awards” (DFA DFAA), with its focus on Asia, is one of the reputable international annual design events enabling global eminent design projects to propagate Asian values and perspectives. Its 2023 Edition will open for online submissions on 1 April 2023 (Hong Kong Time).

DFA Design for Asia Awards 2022 – Grand Award Winners

Launched by Hong Kong Design Centre in 2003 with Create Hong Kong of the Government of the Hong Kong Special Administrative Region (HKSAR) as the lead sponsor since 2009, the DFA DFAA aims to recognise projects in Asia that demonstrate design excellence and highlight the impact of the design-led approach on addressing social issues and contributing to the betterment of society and the design industry. Thus far, more than 2,000 impactful design projects with an Asian focus have been awarded under the DFA DFAA.

“Being one of the globally acknowledged awards in the design industry, the ‘DFA Design for Asia Awards’ has never stopped promoting Asian design excellence to the world. With the Awards serving as a catalyst, we continue to honour and celebrate Asian design’s contributions to the globe, and at the same time foster cultural exchanges and encourage cross-disciplinary collaborations. We are excited to see the creative and innovative solutions from designers who cut across borders to drive positive impacts all over the world,” said Prof. Eric Yim, Chairman of Hong Kong Design Centre.

The DFA DFAA 2023 accepts entries from 30 design categories spanning across six design disciplines, including Communication Design, Digital & Motion Design, Fashion & Accessory Design, Product & Industrial Design, Service & Experience Design, and Spatial Design, aiming to honour even more noteworthy designs in Asia. Entrants can save 50% on the entry fee by making submissions on or before 30 April 2023 (Hong Kong Time).

DFA Design for Asia Awards 2023 Submission Details
Date: 1 April – 30 June 2023 (Hong Kong Time)
Entry fee: HK$2,000 per entry
Promotion: 50% off on entry fee for submissions on or before 30 April 2023 (Hong Kong Time)
Online Submission: https://dfaa.dfaawards.com/en/online_submission/

Calling for Award Entries from Six Design Disciplines:

(1) Communication Design

  • Identity & Branding
  • Packaging
  • Publication
  • Poster
  • Typography
  • Marketing Campaign
(2) Digital & Motion Design

  • Website
  • Application
  • User Interface (UI)
  • Game
  • Video
(3) Fashion & Accessory Design

  • Fashion Apparel
  • Functional Apparel
  • Intimate Wear
  • Jewellery & Fashion Accessory
  • Footwear
(4) Product & Industrial Design

  • Household Appliance
  • Homeware
  • Professional & Commercial Product
  • Information & Communications Technology Product
  • Leisure & Entertainment Product
(5) Service & Experience Design

  • Service Design
  • Experience Design

(6) Spatial Design

  • Residential Space
  • Hospitality & Leisure Space
  • Culture & Public Space
  • Commercial & Showroom Space
  • Workspace
  • Institutional Space
  • Event, Exhibition & Stage

Awards Structure
All design projects submitted will be assessed by an international judging panel comprised of world-leading design experts and professionals. The panel will determine the Grand, Gold, Silver, Bronze and Merit Awards’ winners.

Entry Requirements
Design projects launched in one or more Asian markets# between 1 January 2021 and 31 May 2023 are eligible for submission by their design owners, clients, brand owners, designers or design consultancies.

# Asian markets include: Afghanistan / Bangladesh / Bhutan / Brunei Darussalam / Cambodia / Democratic People’s Republic of Korea (North Korea) / Hong Kong / India / Indonesia / Islamic Republic of Iran / Japan / Kazakhstan / Korea / Kyrgyzstan / Laos / Macau / The Mainland / Malaysia / Maldives / Mongolia / Myanmar / Nepal / Pakistan / The Philippines / Singapore / Sri Lanka / Taiwan / Tajikistan / Thailand / Timor-Leste / Turkmenistan / Uzbekistan / Vietnam

Judging Criteria
The judging panel will assess each entry based on the criteria below (as applicable):

(1) Creativity and Human-centric Innovation
(2) Usability
(3) Aesthetic
(4) Sustainability
(5) Impact in Asia
(6) Commercial & Societal Success

Winners’ Entitlements*

  • Trophy & Certificate (Merit Award winners will get a certificate only)
  • Awards Publication:
    Each winner will receive a complimentary copy of the DFA Awards 2023 Publication, featuring all the winning projects and the teams behind them. The publication will also be disseminated to media, global industry leaders, and design associations, etc., to increase the winners’ exposure.
  • Awards Presentation Ceremony & Other Events:
    Invitation to the DFA Awards Presentation Ceremony and the Business of Design Week (BODW) events to establish connections with international and local designers and business leaders. Selected winners will also be invited to speak at global and regional talks, forums or other events to increase their global exposure.
  • Awards Endorsement Mark:
    Winners will be authorised to use the globally recognised DFA DFAA Endorsement Mark for further promotion.

*A mandatory Publication and Promotion Fee will apply to all winning entries.

Learn more about our 2022 Awards winners: https://dfaawards.viewingrooms.com/
Revisit the glorious moment – DFA Awards 2022 TV Special: https://www.youtube.com/watch?v=gF-2BqRmqfg
Visit our website and social media pages for more information:
Website: dfaawards.com
Facebook: www.facebook.com/HKDC.Awards
Instagram: www.instagram.com/dfa_awards
WeChat: DFA设计奖
YouTube: https://www.youtube.com/@dfaawards5572

Hashtag: #DFAAwards

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

About DFA Design for Asia Awards (www.dfaa.dfaawards.com)

Since 2003, the “DFA Design for Asia Awards” honours design excellence and acknowledges user-centric design projects which embrace the unique Asian perspectives to enhance and improve the quality of life for people in the region. Organised by Hong Kong Design Centre as one of the five programmes of the “DFA Awards”, the “DFA Design for Asia Awards” has been a platform for design talent and corporates to showcase their design projects internationally.

About Hong Kong Design Centre (www.hkdesigncentre.org)

As a non-governmental organisation registered in 2001 and established in 2002, Hong Kong Design Centre (HKDC) is a strategic partner of the HKSAR Government in establishing Hong Kong as an international centre of design excellence in Asia. Our public mission is to promote wider and strategic use of design and design thinking to create business value and improve societal well-being. Our initiatives are anchored by five major work directions: CONNECT, CELEBRATE, NURTURE, ADVANCE and ENGAGE.

About Create Hong Kong (www.createhk.gov.hk)

Create Hong Kong (CreateHK) is a dedicated office set up by the HKSAR Government in June 2009 to spearhead the development of creative industries in Hong Kong. From 1 July 2022 onwards, it is under the Culture, Sports and Tourism Bureau. Its strategic foci are nurturing talent and facilitating start-ups, exploring markets, and promoting Hong Kong as Asia’s creative capital and fostering a creative atmosphere in the community. CreateHK sponsors HKDC to organise “Business of Design Week” (BODW), “BODW City Programme”, “DFA Awards”, “Knowledge of Design Week”, “Fashion Asia Hong Kong”, “Design Incubation Programme” and “Fashion Incubation Programme”, among other projects, to promote Hong Kong design.

Disclaimer: Create Hong Kong of the Government of the Hong Kong Special Administrative Region provides funding support to the project only, and does not otherwise take part in the project. Any opinions, findings, conclusions or recommendations expressed in these materials/events (or by members of the project team) are those of the project organisers only and do not reflect the views of the Government of the Hong Kong Special Administrative Region, the Culture, Sports and Tourism Bureau, Create Hong Kong, the CreateSmart Initiative Secretariat or the CreateSmart Initiative Vetting Committee.

Shanghai Tang x Fine Artist Gao Ludi Limited Edition Fashion & Art Collaboration Series “Fresh SHEEN”

HONG KONG SAR – Media OutReach – 31 March 2023 – For Spring 2023, Shanghai Tang and Chinese artist Gao Ludi jointly launched the “Fresh SHEEN” collaboration series, presenting unique clothing and home products. The word “fresh” in the traditional Chinese context refers to the freshness of food, while the English word “SHEEN”, is like the Chinese pronunciation, a visual concept, specifically referring to the luminous color.

Shanghai Tang x Artist Gao Ludi presents

Shanghai Tang x Artist Gao Ludi presents “Fresh SHEEN”
Tang jackets and vests reinterpreted for an artful outfit.
Gao Ludi ‘s take on Shanghai Tang glows under the sun in neon hues.

We invited Fine Artist Gao Ludi to reinterpret Shanghai Tang with a unisex limited capsule collection. Bringing the artist’s bold use of colour from his paintings, Gao Ludi created a series of intricately hand-crafted vests and jackets inspired by industrial protective garments accentuated with reflective material within the innovative design features. Reflective ropes create hidden light waves within the garment, and an Oriental touch is expressed through the matching frog buttons and the contrasting colour edging. The design elements perfectly combine and express themes of construction, art, and craftsmanship, bringing a fresh new style to Shanghai Tang that yearns to Make Life A Party.

The “Fresh SHEEN” collection took inspiration from senses of taste and smell in the use of colour. Gao Ludi incorporates the “freshness” from nature, giving tableware a light color scheme, imitating abstract water and imagery of grass to provide a scenic and tranquil atmosphere.

For the home fragrance diffuser, Gao Ludi created a series of abstract mushroom umbrella tops, which were used as the main visual element on the bottles in different sizes. The confrontation of the two concepts creates a unique sensory association that resonates with the artist’s creative lineage of colliding colors and forms.

Click to see the preview of the collection here: https://www.instagram.com/reel/CqaU9G1BbkK/?utm_source=ig_web_copy_link

Since its inception in 1994, Shanghai Tang has been committed to supporting the development of Chinese contemporary art by collaborating with artists in different fields to launch limited-edition products, dedicated to transmitting the light of art to a wider community. Through collaborative collections with renowned artists such as Liu Ye, Jacky Tsai, Xu Bing, Chen Wei and Zhou Yi Lun, Shanghai Tang has witnessed the explosion of artistic power among different generations, and art has also witnessed key points in Shanghai Tang’s brand development. When art and fashion meet, a more profound interpretation of the contemporary oriental aesthetic concept arises.

Hashtag: #ShanghaiTang

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

About Shanghai Tang

SHANGHAI TANG’s collections lie in an unorthodox interpretation of Eastern philosophies in a westernized context, skillfully gathering elements of East and West with passion and creativity. At the heart of SHANGHAI TANG is Sir David’s sophistication in contemporary art and design, playful and eccentric spirit, and yearning to “Make Life A Party.” Design inspiration came from the glittering lifestyle and aesthetics of 1930s Shanghai when it was the glamorous Paris of the East. Offering impeccable craftsmanship served with a dash of humour and irreverence. Its instantly recognisable style with innovative fabrication on traditional qipao and the five-button Tang jacket in unconventional, eye-popping bright acid colour provides more authentic offerings that strongly reflect individuality at the best of Chinese contemporary art and design. Through its Imperial Tailoring collection, ready-to- wear, accessories, homeware, and designer collaborations, Shanghai Tang is committed to presenting the exquisite oriental lifestyle. Over the years since 1994, the brand has cultivated international loyal celebrity following that included the late Princess Diana, Kate Moss, Nicole Kidman, Gong Li, to name a few and discovered art talents to collaborate such as Liu Ye and Xu Bing.

Flagship Store Address: Shop 105B, Pacific Place, 88 Queensway, Hong Kong

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Thailand Uses Helicopters to Fight Mountain Wildfires

Thailand uses helicopters to fight mountain wildfires
Fire and smoke rise from a forest fire at Nakhon Nayok province province, 114 kilometers (70 miles) northeast of Bangkok. Thailand, Thursday, March 30, 2023. The fire had engulfed large areas of two mountains by Thursday, and the authorities were trying to contain its spread.

BANGKOK (AP) — Thai authorities used helicopters Thursday to try to contain a fire that overnight engulfed two mountains on largely undeveloped forest land in a province northeast of the capital Bangkok.