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Hong Kong Pharma Digital Technology Holdings Limited Reports Financial Results for the Six Months Ended September 30, 2024

HONG KONG, March 28, 2025 /PRNewswire/ — Hong Kong Pharma Digital Technology Holdings Limited (NASDAQ: HKPD) (“HKPD” or the “Company”), a leading provider of over the counter (“OTC”) pharmaceutical cross-border e-commerce supply chain services in Hong Kong, today announced its unaudited financial results for the six months ended September 30, 2024.

Financial Highlights for the Six Months Ended September 30, 2024:

  • Net Revenues: The Company reported net revenues of $11,091,189, an increase of 58.9% compared to $7,009,209 for the same period in 2023.
  • Revenue Breakdown:

Six Months ended
September 30,
2024

Six Months ended
September 30,
2023

Supply chain services

$

6,329,678

$

4,646,951

Procurement and distribution

4,759,301

2,346,931

Consignment sales and other revenue

2,210

15,327

Total Revenue

$

11,091,189

$

7,009,209

 

               – Supply Chain Services: $6,329,678, up 36.3% from $4,646,951 for the same period in 2023.
               – Procurement and Distribution: $4,759,301, a 102.7% increase from $2,346,931 for the same period in 2023.
               – Consignment Sales and Other Revenue: $2,210, down from $15,327 for the same period in 2023.

  • Gross Profit: The gross profit for the period was $1,905,603, a 42.6% increase from $1,335,988 for the same period in 2023.

Total Expenses

  • Total Expenses: Increased to $10,066,706 for the six months ended September 30, 2024, up from $6,667,999 for the same period last year.

 

Six Months ended
September 30,
2024

Six Months ended
September 30,
2023

Changes in inventories of merchandised goods

$

4,513,873

$

2,171,361

Storage cost

530,012

463,412

Transportation cost

2,619,599

1,046,455

Consumption of packing material

514,714

515,594

Depreciation and amortization

30,153

31,727

Labor cost

1,318,041

1,589,164

Outsourcing expenses

328,755

202,169

Others

211,559

648,117

Total cost of sales, selling, general and administrative expenses

$

10,066,706

$

6,667,999

 

Net Income

  • Net Income: The Company achieved a net income of $828,559, a 232.6% increase compared to $249,037 in the same period last year.

Management Commentary

Lap Sun Wong, Chief Executive Officer of HKPD, stated, “The Company has delivered a strong performance for the six months ended September 30, 2024, demonstrating our ability to grow in a competitive and evolving market. The significant increase in net revenues reflects the effectiveness of our strategic initiatives to enhance our supply chain and procurement services. Despite the rise in expenses due to increased marketing efforts and workforce expansion, our net income reflects our focus on profitability and operational efficiency.”

Man Bun Kwok, Chief Financial Officer, added, “While we are pleased with our financial progress, we remain mindful of the importance of maintaining a disciplined cost structure as we scale operations. Our investment in marketing aims to capture additional market share in the OTC pharmaceutical supply chain sector, and we believe these efforts will continue to drive growth in the coming periods.”

About Hong Kong Pharma Digital Technology Holdings Limited

Hong Kong Pharma Digital Technology Holdings Limited offers two main categories of services: (i) OTC pharmaceutical cross-border e-commerce supply chain services through its Hong Kong subsidiary, Joint Cross Border Logistics Company Limited (“Joint Cross Border”), and (ii) OTC pharmaceutical cross-border procurement and distribution through its Hong Kong subsidiary, V-Alliance Technology Supplies Limited.

Through its engagement with OTC pharmaceutical suppliers, logistics companies, and merchants on Chinese e-commerce platforms, Joint Cross Border provides a convenient one-stop solution for Mainland Chinese customers seeking access to OTC pharmaceutical products outside Mainland China.

Joint Cross Border’s comprehensive service offerings include pre-consultation, product information review, procuring overseas OTC pharmaceutical products, enlisting products with the Hong Kong Department of Health, obtaining import and export permits, storing products, packaging, and arranging logistics and end-to-end delivery services for customers.

For more information, please visit the Company’s website: www.9zt.hk.

Forward-Looking Statements

All forward-looking statements, expressed or implied, in this release are based only on information currently available to us and speak only as of the date on which they are made. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar expressions in this release. Except as otherwise required by applicable law, we disclaim any duty to publicly update any forward-looking statement to reflect events or circumstances after the date of this release. These statements are subject to uncertainties and risks, including, but not limited to, the uncertainties related to market conditions, and other factors discussed in our filings with the SEC. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s filings with the SEC. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov.

For investor and media inquiries please contact:

Hong Kong Pharma Digital Technology Holdings Limited
Media Contact: pr@9zt.hk
Investor Relations: ir@9zt.hk
Telephone: +852 2618-9289

 

HONG KONG PHARMA DIGITAL TECHNOLOGY HOLDINGS LIMITED AND SUBSIDIARIES
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF PROFIT OR LOSS AND OTHER COMPREHENSIVE INCOME  
(Expressed in U.S. dollar, except for the number of shares)

 

For the Six Months Ended

September 30,

Note

2024

unaudited

2023

unaudited

Revenues

7

$

11,091,189

$

7,009,209

Cost of revenues

8

(9,185,586)

(5,673,221)

Gross profit

1,905,603

1,335,988

Other income

9

804

427

Operating expenses:

Selling, general and administrative expenses

8

(881,120)

(994,778)

Other gains/(losses), net

10

1,751

(32,817)

Total operating expenses

(879,369)

(1,027,595)

Operating profit

1,027,038

308,820

Financial income

11

1,078

156

Finance costs

11

(49,254)

(34,812)

Finance costs, net

(48,176)

(34,656)

Profit before income taxes

978,862

274,164

Income tax expense

12

(150,303)

(25,127)

Net profit for the year

13

828,559

249,037

Less: profit attributable to non-controlling interests

–

–

Profit attributable to owners of the Company

828,559

249,037

Other comprehensive income

Foreign currency translation adjustments

20,032

227

Comprehensive income attributable to the Company’s shareholders

$

848,591

$

249,264

Earnings per share

Basic and diluted *

15

$

0.083

$

0.036

Weighted average number of shares outstanding

Basic and diluted *

10,000,000

6,843,000

 

HONG KONG PHARMA DIGITAL TECHNOLOGY HOLDINGS LIMITED AND SUBSIDIARIES
UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF FINANCIAL POSITION
(Expressed in U.S. dollar, except for the number of shares)

 

September

March 31,

Note

30, 2024

unaudited

2024

audited

         ASSETS

NON-CURRENT ASSETS:

      Property and equipment, net

16

119,407

103,242

      Intangible assets, net

17

89,299

31,825

      Right of use assets, net

25

1,073,857

730,451

TOTAL NON-CURRENT ASSETS

1,282,563

865,518

CURRENT ASSETS:

     Deferred IPO costs

21

2,161,496

1,260,075

     Inventories

18

555,522

933,299

     Trade receivables, net

19

4,880,309

3,698,757

     Other receivables and prepayments

19

902,406

1,262,351

     Amount due from related parties

23

14,755

19,971

     Restricted cash

401

7,682

     Cash and cash equivalents

20

364,990

619,575

TOTAL CURRENT ASSETS

8,879,879

7,801,710

TOTAL ASSETS

$

10,162,442

$

8,667,228

        LIABILITIES AND EQUITY

NON-CURRENT LIABILITIES:

     Lease liabilities non-current portion

25

200,759

117,836

     Longterm bank loan non-current portion

24

1,005,610

1,119,276

TOTAL NON-CURRENT LIABILITIES

1,206,369

1,237,112

CURRENT LIABILITIES:

     Trade and other payables

22

1,801,047

$

1,416,182

     Tax payable

12

345,742

218,831

     Contract liabilities

7

74,877

191,066

     Due to related parties

23

239,802

500,677

     Lease liabilities – current portion

25

910,714

634,504

     Current portion of long-term bank loan

24

231,641

180,493

     Short-term bank loan

24

–

34,704

TOTAL CURRENT LIABILITIES

3,603,823

3,176,457

TOTAL LIABILITIES

4,810,192

4,413,569

COMMITMENTS AND CONTINGENCIES

–

–

EQUITY:

Ordinary shares, 50,000,000 shares authorized, consisting of 49,501,000 Class A ordinary shares of $0.001 par value per share and 499,000 Class B ordinary shares of $0.001 par value per share *

Class A ordinary shares, 9,501,000 and 6,843,000 shares issued and outstanding at September 30, 2024 and March 31, 2024, respectively *

26

9,501

9,501

Class B Ordinary shares, 499,000 and nil shares issued and outstanding at September 30, 2024 and March 31, 2024, respectively *

499

499

Additional paid in capital

26

3,017,409

3,017,409

Subscription receivable

26

(50,000)

(300,000)

Retained earnings

27

2,359,667

1,531,108

Accumulated other comprehensive (loss) income

27

15,174

(4,858)

TOTAL SHAREHOLDERS’ EQUITY

5,352,250

4,253,659

TOTAL LIABILITIES AND EQUITY

$

10,162,442

$

8,667,228

 

 

 

WePlay × Peach Cat White Valentine’s Day Collaboration: “Cuteness Overload”!

SEOUL, South Korea, March 28, 2025 /PRNewswire/ — Recently, the globally renowned social entertainment app WePlay officially announced a strategic collaboration with the internationally beloved whimsical IP Peach Cat (Mochi Mochi Momonyang) to launch a special White Valentine’s Day event. This partnership breaks down the boundaries between dimensions, centering on “social + whimsical charm” to create an immersive interactive experience for Gen Z users, conveying the youthful cultural ethos of “Play with Attitude, Meet Your Tribe”.

Photo from the Event
Photo from the Event

As a social platform deeply adored by Gen Z users, WePlay App remains committed to bringing joy and connection to young people worldwide, guided by its mission to unite people through games and lead global trends in online social entertainment. The collaboration partner, Peach Cat, is a top-tier IP celebrated for its heartwarming, pastel-pink aesthetic and the empowering spirit of “Being yourself is cool”, captivating over 10 million fans across global social networks. This partnership not only represents a deep fusion of brand cultures but also aims to deliver a “full-force explosion of cuteness” in social entertainment experiences.

For this collaboration, WePlay has launched Peach Cat-themed PLAYSHOWs and stickers. Users can unlock limited-edition PLAYSHOWs through gifting events, transforming into the adorable Peach Cat for a uniquely sweet White Valentine’s Day.

A WePlay App marketing executive stated, “Partnering with Peach Cat is a key step in exploring the ‘IP + social’ model. We aim to use whimsical culture as a bridge to empower young people to express their individuality and forge genuine emotional connections. Moving forward, We plan to expand collaborations with top global IPs, fostering cross-cultural brand synergies to build a social ecosystem tailored to youth preferences.”

WePlay is not just a next-gen global social entertainment platform integrating games, entertainment, and diverse features—it also serves as Gen Z’s digital “third space”, dedicated to delivering vibrant online experiences. By reinventing stranger connections through gaming and sustaining its position as a “social entertainment super app” via global operations and continuous content innovation, WePlay lives by its vision: “Unite people through play and lead the global wave of online social entertainment.”

This spring, break boundaries with WePlay App and Peach Cat! Dive into the whimsical world of the WePlay x Peach Cat collaboration and craft your own unforgettable White Valentine’s Day—right now!

From Fields to the Future: DJI Agriculture Achieves 50-Fold Sales Growth After 7 Years in Thailand

A Booming Market Is Revolutionizing Thai’s Agricultural Landscape

SHENZHEN, China, March 28, 2025 /PRNewswire/ — 2025 marks DJI Agriculture’s seventh year of in-depth development in Thailand. Since entering the Thai market in 2019, over 10,000 certified drone operators have been trained, while sales for DJI Agriculture drones increased 50-fold sales by the end of 2024. Transitioning from initial pilot projects for drones to full-chain intelligent agricultural solutions, DJI has empowered Thai agriculture through technological innovation, propelling agricultural modernization into a new era. In March 2025, DJI Agriculture partnered with Siam Kubota Corporation to launch the Thailand Agricultural Drone Pilot Competition in the Northeast region, where the new innovative method of farming is growing. DJI aimed at accelerating the adoption of precision farming equipment and elevating operators’ technical expertise.

DJI Agriculture partnered with Siam Kubota Corporation to launch the Thailand Agricultural Drone Pilot Competition in Thai
DJI Agriculture partnered with Siam Kubota Corporation to launch the Thailand Agricultural Drone Pilot Competition in Thai

“The agriculture drone market in Thailand is booming. With the adoption rates for spray drones rising, we see the immense transformative potential for local agricultural modernization through the latest drone technologies,” said Mr. Changfu Deng, the Thailand Market Sales Manager from DJI Agriculture.  ” We are glad to collaborate with our trusted local partner Kubota in launching the pioneering Thailand Agricultural Drone Pilot Competition this Spring. We believe this will lead the local public to better understand this intelligent new realm, encouraging more pilots to engage in this futuristic industry.”

DJI Agriculture’s integrated design requires no assembly with more convenient usage. Advanced transmission system, intelligent obstacle avoidance, intelligent spraying and spreading systems, and RTK centimeter-level positioning, DJI drones are best able to meet the specific demands of precision farming.

As the first drone company that sells integrated agriculture drones in the Thailand market, DJI Agriculture has established a complete pre-sales and after-sales network locally, covering 67 Changwat, including all the key agricultural areas in Thailand. In addition to selling and demonstrating products, the sales network also has pre-sales training and after-sales service. With this established ecosystem, DJI Agriculture is able to provide on-site service to Thai customers within 24 hours to address any after-sales issues efficiently.

As a major agricultural country in Southeast Asia, Thailand has faced problems such as scattered farmland and higher labor costs. The rapid rise of agricultural drones has provided an effective solution to these challenges. DJI Agriculture has developed features that are suitable for local application scenarios such as rice planting and fruit tree spraying and can achieve precise prevention as well as pests and disease control through prescription maps.

  • During the rice planting season, farmers can use drones for full range of tasks, including weeding, sowing rice seed, pest and disease control, and fertilization. This efficient drone operation method saves labor costs and significantly improves efficiency.
  • In addition, fruit tree planting has gradually become a new field of drone application. A single drone can operate about 8,000 rai annually and has great potential to improve agricultural production efficiency and reduce resource waste. For example, drones have reduced the spraying time for durian orchards from 4 days to 1-2 days, enhancing precision and cutting chemical use by 20%-30%, which is crucial during the summer aphid outbreak. In citrus planting, drone spraying operations can also improve the quality and appearance of fruits. As a result, the purchase price of fruits for some farmers has increased by 20%.

With the ongoing advancements in drone technology and the rising market demand, drones are set to play an increasingly vital role in Thailand’s agriculture industry, contributing significantly to its modernization.

The Future of Energy Storage: How String PCS & Active Balancing Define Project Values

DALLAS, March 28, 2025 /PRNewswire/ — The U.S. energy storage market reached a major milestone in 2024, with CAISO surpassing 13GW of grid-scale storage. Other regions, including ERCOT, are expanding rapidly, while the Midwest and Southeast present new deployment opportunities. According to the American Clean Power Association (ACP), ERCOT’s clean power demand is expected to nearly double by 2030 due to population growth, extreme weather, and rising industrial energy needs. Energy storage is crucial to meeting these demands, providing a scalable and reliable solution for grid stability.

Speaking at the 2025 Energy Storage Summit USA, Steven Chan, CLOU North America GM, emphasized battery storage’s critical role in managing Texas’s anticipated peak demand surge. Held in Dallas on March 26-27, the summit brought together nearly 1,000 industry leaders, including CLOU Overseas GM Songyu He, and CLOU’s expert team.

Steven stressed that success in energy storage extends beyond technology—it requires strong financing, operations, and optimization to align with evolving grid needs and investor expectations. He highlighted two key technologies poised to transform the industry: String PCS and Active Balancing.

Traditional storage systems rely on passive balancing, which causes voltage imbalances within battery packs, leading to frequent maintenance and downtime. Engineers typically spend hours manually balancing packs, incurring significant costs—up to $192K to $3.84M over 20 years. CLOU’s Active Balancing technology solves this by maintaining cell voltage deviations below 5mV, ensuring better performance while reducing balancing time. Compared to passive methods, it offers: 4% capacity increase, 2.13% longer lifespan, lower maintenance costs and system downtime.

CLOU’s TX10 project in Texas was the first in the industry to deploy a full-scale cell-to-rack active balancing system. As a result, all nine sites ranked in ERCOT’s Top 30 for market revenue in 2023, generating $196K/MW annually (Modo Energy).

Steven also outlined the advantages of String PCS over Centralized PCS. In a 5MWh system, a centralized PCS failure causes a total system outage. However, with String PCS, only the affected unit (~0.417MWh) is lost—just 1/12th of the total capacity. In a 100MWh project, String PCS improves availability by 4.8%, significantly boosting reliability.

CLOU, as part of Midea Industrial Tech, is expanding globally. Songyu He highlighted CLOU’s flexible solutions through software and system integration partnerships. With cutting-edge technology and a forward-looking approach, CLOU is driving the next wave of energy storage innovation.

CLOU on Energy Storage USA Summit
CLOU on Energy Storage USA Summit

 

Network-source collaboration to promote green development: State Grid Wuzhong Power Supply accelerates the construction of new energy systems

WUZHONG, China, March 28, 2025 /PRNewswire/ — Based on its strategic positioning as “a key hub in the Ningxia power grid and an important delivery terminal for new energy,” State Grid Wuzhong Power Supply Company is committed to advancing the construction of a new power system through innovative measures such as government-enterprise cooperation and network-source coordination. By the end of February, the installed capacity of new energy in the Wuzhong area reached 13.2916 million kilowatts, accounting for 63.59% of the total installed power supply capacity in the region, marking a significant breakthrough in new energy development.

As the transition period between the conclusion of the “14th Five-Year Plan” and the commencement of the “15th Five-Year Plan” approaches, the company aims to optimize the new energy service system by strictly adhering to the timeframes outlined in the “Grid Fair Supervision Measures.” It has established expedited channels for grid connection applications and ensures that all preliminary project work complies with legal and regulatory requirements through proactive provision of access parameters and parallel audit design reports. In terms of power grid construction, the company coordinates the development of multi-level grids ranging from 35 kV to 750 kV. Leveraging the seven under-construction 750-kV substations in Xingtang and Weizhou, it plans to construct ten 330-kV transmission and transformation projects in Shuofang and Lide, while simultaneously promoting main transformer substation expansions to build a multi-level network for new energy consumption.

To address the investment pressures faced by new energy enterprises, the company innovatively implemented a buyback mechanism for grid connection projects. By comprehensively sorting out asset ownership and establishing project list ledgers, pre-buyback agreements have been reached with several power generation enterprises. Standardized processes for due diligence and asset evaluation ensure that asset disposal remains lawful and compliant. Currently, the buyback work for grid connection projects is being carried out in an orderly manner, effectively activating enterprise funds.

In the next phase, State Grid Wuzhong Power Supply Company will focus on enhancing the support capabilities of the power grid, accelerating the expansion of new energy consumption channels, deepening the application of new technologies such as grid-based energy storage, and continuously improving the safe operation level of the power grid. This will provide robust support for the healthy and orderly development of new energy in the Wuzhong region.

 

EQT Infrastructure VI holds final close at its hard-cap, raising EUR 21.5 billion in total commitments

  • EQT Infrastructure VI raises EUR 21.5 billion in total commitments, including EUR 21.3 billion in fee-generating assets under management, exceeding the EUR 20 billion target and hitting hard-cap
  • This represents a 35 percent increase on the Fund’s predecessor, owing to strong support from both existing and new investors
  • The Fund builds on EQT Value-Add Infrastructure’s more than 15-year track record investing in infrastructure companies that provide essential services to society across Europe, North America and Asia Pacific

STOCKHOLM, March 28, 2025 /PRNewswire/ — EQT is pleased to announce the closing of its flagship infrastructure fund, EQT Infrastructure VI (the “Fund”) on EUR 21.5 billion in total commitments, including EUR 21.3 billion in fee-generating assets under management. 

EQT Infrastructure VI received commitments from a diversified, global group of institutional investors, including pension funds, sovereign wealth funds, asset managers and insurance companies. The private wealth segment represented an increased share compared to the predecessor vehicle. Fund investors were based across the Americas, Asia Pacific, Europe, the Middle East and the Nordics.

The Fund is 35 percent larger than its predecessor which closed on EUR 15.7 billion in November 2021. EQT Infrastructure VI invests in infrastructure companies that provide essential services to society, have a stable or growing underlying demand, predictable cash flows, and an asset-based, contracted and well-protected business model. It pursues attractive investment themes such as digital infrastructure; generating, storing, and distributing energy; decarbonization and electrification of industrial processes and transport; resource efficiency and circularity; and social infrastructure.

Masoud Homayoun, Head of Infrastructure at EQT, said: “EQT Infrastructure VI has had a great start with 12 highly thematic investments closed or signed. Our sector teams are continuing to deliver on a healthy investment pipeline and we are excited by the large opportunity set underpinned by global, long-term trends such as the transition to a decarbonized and circular economy and the digitalization of society. Our focus remains on creating lasting value in our portfolio and delivering outstanding performance for our clients.” 

Lennart Blecher, Head of Real Assets at EQT, added: “Since its inception in 2008, EQT Infrastructure has grown at pace and today, we have a 130-strong team and three investment strategies: Value-Add, Active Core and the recently launched Transition Infrastructure strategy. We are thrilled to announce the final close of EQT Infrastructure VI, our latest flagship fund within EQT’s EUR 75 billion1 global infrastructure business, and look forward to continuing to scale the platform.” 

Suzanne Donohoe, Chief Commercial Officer at EQT, commented: “We would like to thank our longstanding clients, whose commitments represented around 70% of this fundraise, for their continued confidence in the EQT Value-Add Infrastructure strategy. We are also grateful for our new partners’ trust in EQT and we aim to continue to deliver attractive returns through economic cycles.”

EQT Value-Add Infrastructure takes an industrial approach to value creation in mature infrastructure businesses. It actively partners with high-quality companies with significant and sustainable growth potential to build strong, resilient businesses through hands-on support of management teams, and bringing deep operational expertise in areas such as AI, digitalization and sustainability. The EQT Infrastructure team is further supported by EQT’s Industrial Advisors. This global network of more than 600 business executives and entrepreneurs is engaged in the entire investment process and act as board members to contribute operational and strategic expertise to portfolio companies.

EQT Infrastructure VI is 45-50 percent committed (including closed and/or signed investments, announced public offers, if applicable, and less any expected syndication), based on the actual fund size. The Fund has closed ten investments, including in Constellation Cold Logistics, OX2, Statera and Universidad Europea in Europe; a new partnership with EdgeConnex, Arcwood Environmental (formerly Heritage Environmental Services), Lazer Logistics and Madison Energy Infrastructure in the US; and Rena (formerly KJ Environment) and SK Shieldus in Asia Pacific. It has also announced entering into exclusive negotiations to acquire a majority stake in Eutelsat Group’s ground station infrastructure business in Europe and a Joint Venture with T-Mobile to acquire Lumos in the US. 

Contact

Olof Svensson, Head of Shareholder Relations, +46 72 989 09 15
EQT Press Office, press@eqtpartners.com, +46 8 506 55 334

[1]Total AuM as of December 2024

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137th Canton Fair Promotes Innovation and Trade in Hong Kong and Macao, Bringing Regional Economy to New Heights

GUANGZHOU, China, March 28, 2025 /PRNewswire/ — The 137th Canton Fair, set to commence on April 15th in Guangzhou, successfully hosted two promotion conferences on March 18th and 19th in Hong Kong Special Administrative Region and Macao Special Administrative Region, respectively. These events further bridged international trade exchanges and promoted convention and exhibition development in the Guangdong-Hong Kong-Macao Greater Bay Area (Greater Bay Area).

The Deputy Director of China Foreign Trade Centre, Zhang Sihong, conveyed heartfelt gratitude to the Hong Kong and Macao business communities for their longstanding support of the Canton Fair and provided updates on the upcoming 137th session.

The Hong Kong Spring Reception and Canton Fair Promotion Conference was joined by over 260 guests including representatives from Hong Kong Trade and Industry Department, 6 Hong Kong chambers of commerce, 21 foreign chambers of commerce, 17 top multinational corporations, members of the Hong Kong Legislative Council, exhibition industry partners and media.

Dr. Jonathan Choi, Chairman of the Chinese General Chamber of Commerce of Hong Kong stated that the Hong Kong business community has been an active participant and beneficiary of the Canton Fair. He highlighted that, moving forward, Hong Kong businesses can further leverage the Fair as a platform to expand into markets within Belt and Road countries and emerging economies.

The Macao Spring Reception and Canton Fair Promotion Conference on March 19th was attended by 90 guests from Trade Office of the Economic Affairs Department of the Liaison Office of the Central People’s Government in Macao SAR, the Economic and Technological Development Bureau (DSEDT), 9 business associations, 17 exhibitors and media.

Xu Lemin, Deputy Secretary of Macao Chamber of Commerce, expressed her hope that more Macao enterprises can showcase the achievements of “manufactured in Macao” and “designed in Macao” to global buyers through the Canton Fair, especially to bring focus to the “Macao and Hengqin” coordinated development advantages and push the regional economic development to new heights.

The Canton Fair, as a prime example of China’s Commitment to expand opening-up, provides global buyers with a one-stop trade platform covering a complete range of products and excelling in quality, price, convenience, efficiency and credibility. The 137th Canton Fair will be held from April 15 to May 5, 2025 in Guangzhou. To download the Canton Fair App, please visit https://cief.cantonfair.org.cn/en/app/appintro.html.

DAHON Unveils its Latest 2025 lineup at Taipei Cycle Show, Pushing the Boundary of Cycling Innovation

TAIPEI, March 28, 2025 /PRNewswire/ — The highly anticipated Taipei Cycle Show (TCS) 2025 kicked off at Nangang Exhibition Center Halls 1 & 2. DAHON, global folding leader, unveiled its current lineup of bicycles designed with its latest D-VELO technology suite, patented components, and innovative accessories, drawing keen interests from industry leaders and cycling enthusiasts.

Strategic Partnership formed with Shengyang Bicycles

DAHON and Shengyang Bicycles (SYB) signed a strategic partnership on the show’s first day. This collaboration aims to bring DAHON’s high-quality bicycles to Taiwanese consumers, expanding DAHON’s presence in the market.

Dr. David Hon, DAHON’s Founder, and Josh Chang, SYB’s CEO, officiated the ceremony, joined by cycling industry guests.

Dr. David Hon (left) and Josh chang (right) sign a strategic partnership agreement
Dr. David Hon (left) and Josh chang (right) sign a strategic partnership agreement

DAHON’s Vélodon A4, the first aluminum road bike with D-VELO technology, won the TCS 2025 Innovation Design Award. Chosen from 150+ global entries, it features a unique triangular eagle-shaped frame with Soaring Seat Stay and Dual Curved Cone, offering 37.9% greater stiffness than standard aluminum road bikes. Its low-step top tube accommodates riders of various heights, enhancing accessibility.

DAHON Vélodon A4 won the TCS 2025 Innovation Design Award
DAHON Vélodon A4 won the TCS 2025 Innovation Design Award

D-VELO Technology Suite making Breakthrough

DAHON showcased its groundbreaking D-VELO technology suite, enhancing frame design for superior speed across its folding and road bike lineup. Featured models include:

Vélodon C8 Di2 – A high-performance carbon road bicycle, featuring an aero-position frame, Soaring Triangle Frame and wind-cutting tube design, delivering exceptional speed and stability.

Télodon C8 AXS – A folding carbon road bicycle, integrating DAHON’s DELTECH, Super Down Tube and Falcon Carbon Fiber Frame for superior rigidity and power transfer.

K-Feather – An ultra-light e-bicycle weighing just 12kg, providing a seamless blend of portability and power with a 40km assisted range.

Innovative Patented Components & Interactive Experiences

DAHON also showcased its Sharing 360 Program, including patented techs such as  Single-piece Handlepost, DELTECH, and Safety Disc Brake, drawing interest from global manufacturers. Visitors actively engaged in test ride sessions, and the Folding Bicycle Challenge, experiencing firsthand the performance benefits of DAHON’s latest innovations.

Join DAHON at Taipei Cycle 2025

With over four decades of dedication to cycling innovation, DAHON remains steadfast in its commitment to delivery outstanding quality and performance in its products. Experience the future of cycling at Booth M0511, 4F, Hall 1, and discover how DAHON’s ‘D-VELO’ Technology is shaping the next generation of bicycles.

For more information, please email marketing@dahon.com