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When Demand Becomes the System: Delonix and the Rewriting of Hospitality’s Operating Logic

By
Advertorial Desk
-

SHENZHEN, China, April 1, 2026 /PRNewswire/ — On March 30, Delonix Group presented two new initiatives at its 2026 strategy conference: Genie AI, embedded in its Betterwood App, and a customer experience framework known as the Heavenly Stems & Earthly Branches Model.

Delonix Group 2026 Strategy Conference
Delonix Group 2026 Strategy Conference

Individually, they resemble product and service upgrades. Taken together, they suggest something more structural: an attempt to replace the logic on which the hospitality industry has operated for decades.

For most of its modern history, the sector has been governed by a simple equation—growth through physical expansion. More rooms, better locations, higher occupancy. Scale was both strategy and moat.

That equation is beginning to break.

Chairman Zheng Nanyan framed the shift not as cyclical, but structural. The convergence of maturing consumer expectations and rapidly deployable AI systems is eroding the effectiveness of asset-led growth. Standardization, once a tool for efficiency, now produces indistinguishable experiences. Capital intensity, long tolerated, is becoming a constraint. 

What is emerging in its place is not a more efficient version of the same model, but a different organizing principle altogether: demand, not supply, as the system’s point of origin.

From Capacity to Interpretation

In this emerging model, the central problem is no longer how to build and fill capacity, but how to interpret and respond to fragmented, real-time customer intent.

This is where Delonix is positioning Genie AI.

Unlike most applications of AI in hospitality—which tend to sit at the interface level—Genie AI is designed to sit in the middle of the system, between intent and execution. It does not simply respond to requests; it structures them.

A guest interaction—whether through app input or voice—is translated into a sequence of executable tasks, routed through a centralized decision layer, and distributed to the nearest available human resource, before feeding back into the system as data.

The technical architecture is not unprecedented. What is notable is the ambition to make it foundational.

If it works as intended, service ceases to be a function of individual responsiveness and becomes instead a property of the system itself. Variability, historically managed after the fact, is designed out at the level of coordination.

In that sense, AI is no longer augmenting service. It is defining its boundaries.

Standardization Was the Solution. Now It Is the Constraint.

The industry’s previous growth model depended on standardization: replicable rooms, predictable services, consistent delivery across locations. This enabled scale, but at the cost of differentiation.

As consumer expectations evolve, that trade-off is becoming less acceptable.

Delonix’s response is not to abandon standardization, but to layer variability on top of it—systematically.

The Heavenly Stems & Earthly Branches Model introduces a framework in which products and services are no longer fixed configurations, but evolving modules. Customer interaction becomes an input into how the product itself is iterated over time.

The implication is subtle but significant.

Hotels are no longer static assets with service attached. They become adaptive systems, where the product is continuously reshaped by usage.

For customers, this promises a form of progression—an experience that accumulates rather than resets. For operators and investors, it suggests a shift from one-off capital deployment to ongoing, incremental reconfiguration.

In both cases, the underlying assumption is the same: value is not embedded in the asset, but generated through interaction.

Control Shifts to the System Layer

What ties these elements together is not technology alone, but control.

In the traditional model, control resided in assets—ownership, location, physical scale. In the emerging model, it moves upward, into the system layer that interprets demand, allocates resources, and continuously adjusts the product.

This shift has implications beyond efficiency.

A system that can interpret intent, coordinate execution, and learn from outcomes begins to set the terms of competition. The advantage no longer lies in having more assets, but in having a better system for deciding how those assets are used.

In that sense, AI is not just infrastructure. It is governance.

An Industry at the Edge of Repricing

China’s broader push to integrate AI into industrial and consumer systems provides the backdrop for this shift. Policy frameworks such as the State Council’s “AI+” initiative are accelerating deployment, but the more consequential changes are happening at the level of business models.

Hospitality is one of the more exposed sectors.

As the marginal return on physical expansion declines, and as customer expectations become more fluid, the industry is moving toward a repricing of what constitutes value. Scale, once the primary moat, is becoming easier to replicate and harder to defend.

What replaces it is still being defined.

Delonix’s approach offers one possible direction: treating demand as a continuously generated input, and building systems capable of capturing and compounding it. Whether this model proves durable remains to be seen. But its premise is clear.

The future of hospitality may depend less on how hotels are built, and more on how they think.

About Delonix Group

Delonix Group is a leading international hospitality and experiential consumption group in the Asia-Pacific region. Ranked 14th globally, the Group partnered with Marriott International to launch the world’s first dual-branded luxury property: MajesTang Hotel • A Tribute Portfolio Hotel, while independently creating MaisonLee, a Tang-inspired premium business travel brand. As one of the first Chinese hotel groups to expand overseas, Delonix has established a presence in high-potential markets such as Japan and Indonesia, now spanning more than 200 cities worldwide. Its portfolio encompasses Swiss-Belhotel, Artotel, Model J, hotel MONday, and other brands, positioning the Group at the forefront of building a new generation global platform for high-end hospitality and culturally immersive travel.

Hon Hai Technology Group (Foxconn) Names Michael Chiang Rotating CEO, Boosting Leadership Governance

By
Advertorial Desk
-

Stable and sustainable operations at core of innovative C-suite training amid AI era

TAIPEI, April 2, 2026 /PRNewswire/ — Deepening its corporate governance work, Hon Hai Technology Group (“Foxconn”) (TWSE: 2317) has named Michael Chiang its rotating Chief Executive Officer, assuming a key role that strengthens the bench for next generation leadership and raises global competitiveness at the world’s largest electronics manufacturer and leading technology solutions provider.

(R-L) Foxconn incoming rotating CEO Michael Chiang, Chairman Young Liu, outgoing rotating CEO Kathy Yang
(R-L) Foxconn incoming rotating CEO Michael Chiang, Chairman Young Liu, outgoing rotating CEO Kathy Yang

The transition reinforces the maturity of Foxconn’s C-suite-level talent cultivation and institutional innovation, while at the same time, underpins stable global operations and sustainable growth amid the challenges of the AI era. Chiang, who concurrently will continue to lead the Group’s business operation related to smart consumer electronics, takes the baton from Kathy Yang for a one-year term from April 1.

Foxconn Chairman Young Liu said: “The core of senior CEO training lies in direct involvement and hands-on problem-solving in management and operations. Through a continuous mindset of debugging and the construction of methodologies, we strengthen the Group’s operational foundations, while allowing talent development and system building to progress in parallel.”

In a handover ceremony this week, Chiang said: “We will continue to refine corporate governance and build expert-driven teams. Over the next year, I plan to focus on establishing a comprehensive and systematic body of know-how, centered on the real needs of business units. Through resource optimization and precise risk management, we aim to maintain our global leadership in competitiveness.”

Outgoing rotating CEO Yang said: “Trained to view the enterprise from a business-owner perspective, the invaluable experience gained through rotation does not remain personal, but is distilled into replicable methodologies, ultimately forming a management framework that supports long-term, stable development.”

During her tenure, Yang focused on operational rhythm and governance advancement, driving cross-unit collaboration and effective execution of key initiatives. Yang was honored in Fortune’s “100 Most Powerful Women Asia 2025” and, in 2026, Manufacturing Digital’s “Top 10: Women in Manufacturing“.

Chiang joined Foxconn in 1999. He was assigned to California in the early 2000s to oversee the Group’s personal computer business and, since then, has taken on greater responsibilities in ICT operations and key customer accounts. Chiang holds a Master’s degree from Claremont Graduate University in the US, specializing in human resource development and organizational strategy management.

About Foxconn here.

Dogness Reports Financial Results for the Six Months Ended December 31, 2025

By
Advertorial Desk
-

DONGGUAN, China and PLANO, Texas, April 2, 2026 /PRNewswire/ — Dogness (International) Corporation (“Dogness” or the “Company”) (NASDAQ: DOGZ), a developer and manufacturer of a comprehensive line of Dogness-branded, OEM and private label pet products, today announced its financial results for the six months ended December 31, 2025.

Mr. Silong Chen, Chief Executive Officer of the Company, commented: “The first half of fiscal 2026 presented challenges as U.S. tariff policies temporarily impacted our overall revenue and margins. Despite these headwinds, our core traditional pet products category demonstrated strong resilience, growing 14.6% year-over-year driven by increased global demand and loyal customer orders.”

“To mitigate external pressures, we took proactive steps to optimize operations, successfully reduced our general and administrative expenses by over 20%. At the same time, we strategically invested in targeted marketing to expand our brand footprint and capture future market share.”

“Looking ahead, our outlook remains highly optimistic. We are accelerating our R&D initiatives to introduce a new generation of intelligent, eco-friendly pet products that meet evolving consumer demands. Backed by a robust portfolio of over 200 patents and a fully integrated supply chain, Dogness is well-positioned to navigate these temporary trade fluctuations, return to sustainable growth, and deliver long-term shareholder value.”

Financial Results for the Half Year Ended December 31, 2025

Revenue decreased by approximately $4.4 million, or 36.2%, from about $12.1 million for the six months ended December 31, 2024 to approximately $7.7 million for the six months ended December 31, 2025. The decrease in revenue was primarily attributable to the impact of United State’s tariff policies.

The following table breaks down Dogness’ revenue by product and service type for the six months ended December 31, 2025 and 2024:

For the six months ended December 31,

2025

2024

Products and services
category

Revenue

Revenue

Variance %

Products

Traditional pet products

$

5,343,190

$

4,660,824

14.6

%

Intelligent pet

1,701,321

4,546,642

(62.6)

%

Climbing hooks and
others

666,390

2,878,245

(76.8)

%

Total revenue from
products

7,710,901

12,085,711

(36.2)

%

─ Traditional pet products

Revenue from traditional pet products increased by approximately $0.7 million, or 14.6%, from approximately $4.7 million for the six months ended December 31, 2024 to approximately $5.3 million for the six months ended December 31, 2025. The increase was mainly driven by increased sales volume for the six months ended December 31, 2025. Among the total revenue increase, $0.5 million was from sales to customers in international markets, and $0.2 million was from sales to customers in China domestic market, primarily due to increased orders from our current customers.

─ Intelligent pet products

Revenue from intelligent pet products decreased by approximately $2.8 million, or 62.6%, from around $4.5 million for the six months ended December 31, 2024, to roughly $1.7 million for the same period in 2025. The decrease was mainly driven by a decrease in sales volume and average selling price for the six months ended December 31, 2025, compared to the six months ended December 31, 2024. Among the total revenue decrease, $1.4 million decrease was from sales to customers in international markets and $1.5 million was from sales to customers in China domestic market, primarily due to decreased orders from our current customers.

─ Climbing hooks and others

Revenue from climbing hooks and other products decreased by about $2.2 million, or 76.8%, from roughly $2.9 million for the six months ended December 31, 2024, to about $0.7 million for the same period in 2025. The decrease was mainly driven by decreased sales volume and average selling price during the six months ended December 31, 2025, compared to the six months ended December 31, 2024. Among the total revenue decrease, $1.5 million decrease was from sales to customers in international markets and $0.7 million was from sales to customers in China domestic market, primarily due to the decreased orders from our current customers.

─ International vs. Domestic sales

Total international sales decreased by about $2.4 million, or 29.8%, from approximately $8.0 million for the six months ended December 31, 2024, to about $5.6 million during the same period in 2025, driven by significant decrease in sales orders, due to the impact of United States’s tariff policies.

Domestic sales decreased by approximately $2.0 million, or 48.8%, from about $4.1 million for the six months ended December 31, 2024 to about $2.1 million for the six months ended December 31, 2025. The decrease in our domestic market sales was driven by significant decreased sales orders from our main customers, who are also affected by United States’s tariff policies, resulting in reduced demand for our products.

Cost of revenues decreased by $1.8 million, or 21.0%, from approximately $8.7 million for the six months ended December 31, 2024, to approximately $6.8 million for the six months ended December 31, 2025, due to a significant decrease in sales volume. As a percentage of revenues, the cost of goods sold increased by 17.1 percentage points to 88.8% for the six months ended December 31, 2025, compared to 71.7% for the six months ended December 31, 2024.

Gross profit decreased by approximately $2.6 million, or 74.6%, from about $3.4 million for the six months ended December 31, 2024 to about $0.9 million for the six months ended December 31, 2025, primarily attributable to lower sales volume and reduced average selling price for intelligent pet products and climbing hooks and others products. Gross profit margin decreased to 11.2% for the six months ended December 31, 2025 from 28.3% for the six months ended December 31, 2024.

Total operating expenses increased by approximately $0.7 million or 13.0%, to about $6.3 million for the six months ended December 31, 2025, compared to around $5.6 million for the same period in 2024.

─ Selling expenses

Selling expenses increased by about $0.6 million, or 97.7%, from approximately $0.6 million for the six months ended December 31, 2024, to approximately $1.2 million for the six months ended December 31, 2025. The increase was primarily attributable to the increase in entertainment fees and advertising fees for the six months ended December 31, 2025. Selling expenses were 16.0% and 5.2% of total revenue for the six months ended December 31, 2025, and 2024, respectively.

─ General and Administrative Expenses

General and administrative expenses decreased by approximately $0.9 million, or 20.3%, from about $4.3 million for the six months ended December 31, 2024, to roughly $3.4 million for the same period in 2025. The decrease was primarily due to the reduction in office renovation expenses, depreciation expenses and share-based compensation expenses. As a percentage of sales, general and administrative expenses were 44.6% and 35.7% of total revenue for the six months ended December 31, 2025 and 2024, respectively.

─ Research and Development Expenses

Research and development expenses decreased by $0.1 million, or 19.8%, from approximately $0.7 million for the six months ended December 31, 2024, to about $0.5 million for the same period in 2025. As a percentage of sales, research and development expenses were 6.9% and 5.5% of total revenue for the six months ended December 31, 2025 and 2024, respectively. The Company expects these expenses to continue to increase as it expands research and development activities to increase the use of environmentally-friendly materials and develop more new high-tech products to meet customer demands.

Net loss increased by approximately $3.4 million, or 185.0%, from about $1.8 million for the six months ended December 31, 2024, to approximately $5.2 million for the six months ended December 31, 2025.

About Dogness

Dogness (International) Corporation was founded in 2003 from the belief that pet dogs and cats are important, well-loved family members. Through its smart products, hygiene products, health and wellness products, and leash products, Dogness is able to simplify pet lifestyles, make them more scientific, and enhance the relationship between pets and pet caregivers. The Company ensures industry-leading quality through its fully integrated vertical supply chain and world-class research and development capabilities, which has resulted in over 200 patents and patents pending. Dogness products reach families worldwide through global chain stores and distributors. For more information, please visit: ir.dogness.com.

Forward Looking Statements

No statement made in this press release should be interpreted as an offer to purchase or sell any security. Such an offer can only be made in accordance with the Securities Act of 1933, as amended, and applicable state securities laws. Certain statements in this press release concerning our future growth prospects are forward-looking statements regarding our future business expectations intended to qualify for the “safe harbor” under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the impact of U.S. tariffs policy on our exports to the United States and related effects on our price competitiveness and overall profitability, our ability to raise capital on any particular terms, fulfillment of customer orders, fluctuations in earnings, fluctuations in foreign exchange rates, our ability to manage growth, our ability to realize revenue from expanded operation and acquired assets in China and the U.S., our ability to attract and retain highly skilled professionals, client concentration, industry segment concentration, reduced demand for technology in our key focus areas, our ability to successfully complete and integrate potential acquisitions, and unauthorized use of our intellectual property and general economic conditions affecting our industry. Additional risks that could affect our future operating results are more fully described in our United States Securities and Exchange Commission filings. These filings are available at www.sec.gov. Dogness may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. In addition, please note that any forward-looking statements contained herein are based on assumptions that we believe to be reasonable as of the date of this press release. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

For more information please contact:

WFS Investor Relations Inc
Connie Kang, Partner
Email: ckang@wealthfsllc.com
Tel: +86 1381 185 7742 (CN)

 

 

 

DOGNESS (INTERNATIONAL) CORPORATION
CONSOLIDATED BALANCE SHEETS
(All amounts in USD)

As of

December 31,
2025

As of

June 30, 2025

(Unaudited)

ASSETS

CURRENT ASSETS

Cash and cash equivalents

$

6,633,479

$

12,831,485

Accounts receivable-third-party, net

1,379,534

1,302,189

Accounts receivable-related party

–

12,135

Inventories, net

2,293,311

2,719,790

Due from a related party

126,300

108,387

Prepayments and other current assets

3,030,798

3,497,688

Total current assets

13,463,422

20,471,674

NON-CURRENT ASSETS

Property, plant and equipment, net

63,373,780

58,259,795

Intangible assets, net

1,761,959

1,748,755

Long-term investments in equity investees

20,015,853

20,656,752

Operating lease right-of-use lease assets

12,989,658

13,166,788

Deferred tax assets

2,846,502

2,542,822

Total non-current assets

100,987,752

96,374,912

TOTAL ASSETS

$

114,451,174

$

116,846,586

LIABILITIES AND EQUITY

CURRENT LIABILITIES

Short-term bank loans

$

715,000

$

698,000

Current portion of long-term bank loans

2,316,411

1,324,854

Accounts payable

1,616,434

1,593,590

Accounts payable – related party

51,294

22,663

Due to a related party

117,202

32,171

Contract liabilities

264,183

187,846

Taxes payable

568,702

566,682

Operating lease liabilities, current

663,364

197,130

Accrued expenses and other current liabilities

1,369,078

1,482,981

Total current liabilities

7,681,668

6,105,917

NON-CURRENT LIABILITIES

Long-term bank loans

652,706

2,035,353

Operating lease liabilities, non-current

10,975,856

10,952,491

Total non-current liabilities

11,628,562

12,987,844

TOTAL LIABILITIES

19,310,230

19,093,761

Commitments and Contingencies (Note 13)

EQUITY

Class A Common shares, no par value, unlimited shares
authorized; 5,441,658 and 5,161,658 issued and
outstanding as of December 31, 2025 and June 30, 2025,
respectively

117,636,230

117,349,730

Class B Common shares, no par value, unlimited shares
authorized; 9,069,000 issued and outstanding as of
December 31, 2025 and June 30, 2025

18,138

18,138

Statutory reserve

291,443

291,443

Accumulated deficit

(15,667,948)

(10,492,946)

Accumulated other comprehensive loss

(7,136,963)

(9,413,583)

Equity attributable to owners of the Company

95,140,900

97,752,782

Non-controlling interest

44

43

Total equity

95,140,944

97,752,825

TOTAL LIABILITIES AND EQUITY

$

114,451,174

$

116,846,586

 

 

 

DOGNESS (INTERNATIONAL) CORPORATION

STATEMENTS OF LOSS AND COMPREHENSIVE LOSS

(All amounts in USD)

(Unaudited)

For the Six Months Ended

December 31,

2025

2024

Revenue

$

7,710,901

$

12,085,711

Cost of revenue

6,843,935

8,668,552

Gross Profit

866,966

3,417,159

Operating expenses:

Selling expenses

1,234,204

624,410

General and administrative expenses

3,437,429

4,312,486

Research and development expenses

533,477

665,494

Impairment of investment in equity investee

1,123,200

–

Total operating expenses

6,328,310

5,602,390

Loss from operations

(5,461,344)

(2,185,231)

Other income (expense):

Interest income, net

83,438

6,884

Foreign exchange transaction (loss) gain

(151,611)

114,443

Other (expenses) income, net

(13,613)

41,357

Rental income from related parties, net

129,856

107,737

Total other income, net

48,070

270,421

Loss before income tax

(5,413,274)

(1,914,810)

Income tax benefit

(238,272)

(98,967)

Net loss

(5,175,002)

(1,815,843)

Less: net income attributable to non-controlling interest

–

–

Net loss attributable to Dogness (International)
Corporation

(5,175,002)

(1,815,843)

Other comprehensive loss

Foreign currency translation adjustments

2,276,621

(300,478)

Comprehensive loss

(2,898,381)

(2,116,321)

Less: comprehensive income attributable to non-
controlling interest

1

–

Comprehensive loss attributable to Dogness
(International) Corporation

$

(2,898,382)

$

(2,116,321)

Loss per share

Basic and diluted

$

(0.29)

$

(0.14)

Weighted Average Shares Outstanding

Basic and diluted

17,807,886

12,755,658

 

 

 

DOGNESS (INTERNATIONAL) CORPORATION

CONSOLIDATED STATEMENTS OF CASH FLOWS

(All amounts in USD)

(Unaudited)

For the Six Months Ended

December 31,

2025

2024

Cash flows from operating activities:

Net loss

$

(5,175,002)

$

(1,815,843)

Adjustments to reconcile loss income to net cash (used in)
provided by operating activities:

Depreciation and amortization

1,360,710

1,395,756

Share-based compensation

286,500

399,470

Change in inventory reserve

688,689

–

Loss from disposal of property, plant and equipment

–

176,347

Reversal of allowance for credit losses

(31,553)

(232,600)

Impairment of long-term investment

1,123,200

–

Deferred tax benefit

(238,652)

(108,490)

Amortization of right-of-use lease assets

488,760

585,466

Changes in operating assets and liabilities:

Accounts receivable-third parties

(3,983)

(824,001)

Accounts receivable-related party

2,910

272,429

Inventories

(208,212)

(121,257)

Due from a related party

(14,995)

(4,959)

Prepayments and other current assets

(30,691)

(61,720)

Advances to supplier-related party

–

51,537

Accounts payable

(15,678)

999,703

Accounts payable-related party

27,568

13,130

Accrued expenses and other current liabilities

(147,295)

24,691

Contract liabilities

70,460

(39,639)

Operating lease liabilities

214,082

200,827

Taxes payable

(11,568)

26,242

Net cash (used in) provided by operating activities

(1,614,750)

937,089

Cash flows from investing activities:

Purchase of property, plant and equipment

(4,386,993)

(1,050,711)

Proceeds from disposition of property, plant and
equipment

–

787

Net cash used in investing activities

(4,386,993)

(1,049,924)

Cash flows from financing activities:

Proceeds from short-term bank loans

702,000

696,500

Repayment of short-term bank loans

(702,000)

(696,500)

Repayment of long-term bank loans

(464,331)

(316,297)

Proceeds from (repayment of) related party loans

82,716

(451,201)

Net cash used in financing activities

(381,615)

(767,498)

Effect of exchange rate changes on cash and restricted
cash

185,352

(18,339)

Net decrease in cash and cash equivalents

(6,198,006)

(898,672)

Cash and cash equivalents, beginning of period

12,831,485

6,956,434

Cash and cash equivalents, end of period

$

6,633,479

$

6,057,762

SUPPLEMENTAL DISCLOSURES OF CASH FLOW
INFORMATION:

Cash paid for interest

$

71,272

$

115,430

Non-Cash Investing Activities

Liabilities incurred for purchase of property and
equipment

$

–

$

34,909

 

 

Free Tickets Open for 2026 Medtec

By
Advertorial Desk
-

SHANGHAI, April 2, 2026 /PRNewswire/ — Free tickets for 2026 Medtec open on April 1, 2026. Visitors who complete registration before August 31 can enter free of charge. As Asia’s Leading Medical Device Supply Chain Expo — From R&D to Commercial Manufacturing, 2026 Medtec will be held from September 1–3, 2026, at the Shanghai New International Expo Centre (SNIEC), Pudong, Halls N1–N4. On-site registration during the exhibition will incur a 100 RMB admission fee per person.

2026 Medtec free ticket
2026 Medtec free ticket

https://visitorreg.medteccn.com/medtec-en/?utm_medium=pressrelease&utm_source=prnewswire&utm_campaign=register_open&utm_content=en Visit the official website now to claim your free ticket and stay ahead in the industry!

Free Tickets Now Open (April 1 – August 31, 2026)

Free tickets are open through August 31, 2026, offering visitors a more efficient way to plan their visit to 2026 Medtec.

Early Registration Benefits:

  • Free access (save up to 100 RMB per person)
  • Support for international group registration
  • Fast-track entry with no on-site queue
  • Flexible visit scheduling

2026 Medtec Overview

Marking its 20th edition, Medtec continues to serve as a comprehensive platform across the full medical device R&D and manufacturing chain, with an exhibition area of 47,000 square meters, 1,100 exhibitors, and an estimated 93,000 visits.

The exhibition provides integrated solutions across R&D, prototyping, manufacturing, certification, mass production, OEM services, and CRO and CDMO capabilities. Exhibits span a wide range of categories, including materials, core components, electronic parts, optical components, surface processing, precision machining, automation equipment, packaging, sterilization, testing, and consulting services.

The exhibition will be organized across four halls at SNIEC, spanning N1-N4.The four halls are structured around key segments of the medical device supply chain, from materials and core components to manufacturing services and equipment.

Halls N1–N2 focus on Medical Materials & Core Components.

Hall N1 Highlights:

  • Metal Materials and Their Components
  • Orthopedic and Dental Implant Processing Zone
  • Ceramics, Biomaterials, Glass, and Other Materials and Related Components
  • Ultra-precision Laser Processing, Machine Tools and Additive Manufacturing

Hall N2 Highlights:

  • Medical Rubber and Plastic Materials and Their Components
  • Bonding Agents, Bonding Products
  • IVD Reagents, Filtration, Intravenous Injection, and Laboratories
  • Pipe Fittings and Extrusion
  • Pharmaceutical Delivery Systems, Dressing Materials and Formulation Processing

Halls N3–N4 focus on Medical Manufacturing Service & Equipment.

Hall N3 Highlights:

  • Plastic Film Molding Services and Equipment
  • OEM/ODM Contract Manufacturing Services
  • Medical Automation, Drive Control, Robotics, Smart Factory
  • Pipe Fittings and Extrusion Equipment
  • Surface Treatment

Hall N4 Highlights:

  • Medical Packaging, Sterilization, Labeling, Cleanroom
  • R&D and Design, Software Services, and Consulting Services
  • Exhibition of Testing, Metrology, Inspection and Calibration Equipment and Supplies
  • Integrated Service Area

Visitor Composition

Medtec’s core visitor base includes medical device manufacturers, supply chain companies, and import-export enterprises. Attending representatives span senior executives, directors, engineers, managers, supervisors, and specialists. Their responsibilities cover management, R&D and technical centers, process and manufacturing engineering, quality, supply chain and procurement, as well as regulatory affairs.

It also attracts professionals from hospitals, clinics, and public health institutions, including hospital administrators, department directors and deputy directors, attending physicians, and other healthcare personnel. In addition, researchers and professors from research institutes and universities in medical device-related fields are expected to attend, alongside investors and analysts from the healthcare sector.

2026 Medtec will continue to attract participation from the industry’s top buyer companies.

Conclusion

As a key platform for leading companies to launch new products and showcase cutting-edge technologies, Medtec brings together a full spectrum of materials, components, manufacturing equipment, and supporting services. It supports one-stop sourcing while helping global companies connect with the China market.

Free tickets for 2026 Medtec open on April 1 and close on August 31, 2026 — register in advance to secure free admission.

Media Contact

Website: https://en.medtecchina.com/

Talia Li, talia.li@informa.com 

Booth Enquiry: LINC, +86 21 6157 7217, linc.cai@informa.com

Visitor and Media Enquiry: Tracy, +86 10 6562 3307, tracy.zhang@informa.com

LEIFRAS Co., Ltd. and Sanko Gakuen to Sign Comprehensive Partnership Agreement to Develop Next-Generation Sports Business Talent

By
Advertorial Desk
-

Industry-Academia Collaboration Aims to Address the Growing Shift of School Club Activities to Local Communities

TOKYO, April 2, 2026 /PRNewswire/ — LEIFRAS Co., Ltd. (Nasdaq: LFS) (the “Company” or “Leifras”), a sports and social business company dedicated to youth sports and community engagement, today announced that on March 13, 2026, it entered into a comprehensive partnership agreement (the “Agreement”) with Sanko Gakuen Educational Corporation (“Sanko Gakuen”), a nationwide operator of vocational schools and other institutions in Japan, to develop next-generation sports business talents. The Agreement will become effective on April 1, 2026.

By combining the resources of both parties, the partnership will provide practical learning and career opportunities for students seeking to enter the sports industry. The partnership is designed to cultivate talents who will contribute to solving social issues, such as the worsening shortage of sports instructors, and supporting Japan’s transition of school club activities to local communities.

Background of the Agreement: Urgent Need to Develop the Next Generation of Sports Talent
Japan’s sports education environment is currently at a turning point. In particular, the government’s initiative to “shift club activities to local communities” is reducing the burden on teachers, but the shortage of high-quality sports instructors and management personnel who can support local communities is becoming a serious social issue. In response, Leifras, which has an established track record of operating sports schools nationwide, and Sanko Gakuen, which has diverse human resource development know-how, have teamed up to launch this practical industry-academia collaboration project to develop the sports industry and contribute to local communities.

Collaboration Overview: Providing Practical Learning Experience
The collaboration will provide students at Sanko Gakuen with practical experience in “real sports business and coaching situations” beyond traditional classroom learning. The main details of the collaboration are as follows:

  • On-site internships and participation in local joint projects: Students of Sanko Gakuen will have the opportunities to participate in internships at facilities operated by Leifras and directly in the planning and management of local joint projects, gaining direct exposure to operational practices in the sports industry.
  • Joint operation of a sports school utilizing campus facilities: Leifras plans to operate its sports school at Sanko Gakuen’s facilities, providing students with a place to gain practical coaching experience.
  • Providing a career path for club activity instructors: Students who complete the “Bukatsu Seminar” e-learning course for training club activity instructors will have opportunities to connect with and be guided by Leifras’ nationwide club activity support business, providing them with direct opportunities to work after graduation.
  • Collaboration in public relations and recruitment activities: Leifras and Sanko Gakuen also plan to collaborate in recruiting students who are interested in careers in the sports industry. Both parties have agreed to the mutual use of each other’s logos in such activities. Sanko Gakuen has also agreed to invite Leifras as a guest at open campus events.

Future Outlook: Realizing Sustainable Development of Local Communities Through Sports
Through this collaboration, Leifras intends to establish a sustainable pipeline of sports industry professionals who can contribute to local communities through the power of sports. The Company plans to continue to deepen its collaboration with educational institutions and promote social business to support the transformation of Japan’s sports education environment into a sustainable one.

Summary of the Agreement
Agreement name: Comprehensive collaboration agreement on developing next-generation sports business talent
Signing date: March 13, 2026
Signed by: Kiyotaka Ito, CEO of Leifras Co., Ltd., and Satoshi Torii, Chairman of the Board of Sanko Gakuen Educational Corporation

About Sanko Gakuen Educational Corporation
Sanko Gakuen Educational Corporation is a comprehensive educational corporation group that operates vocational schools, universities, junior colleges, high schools, and childcare facilities nationwide, with the educational philosophy of “harmony between skills and mind.” Sanko Gakuen cultivates work-ready professionals through practical education in a wide range of fields, including sports, medicine, welfare, beauty, bridal, childcare, and IT.
Corporate name: Sanko Gakuen Educational Corporation
Address: 23-16 Hongo 3-chome, Bunkyo-ku, Tokyo
Representative: Chairman Satoshi Torii
Established: March 1985
Business details: Operation of vocational schools, universities, junior colleges, high schools, childcare facilities, etc.
Official website: https://www.sanko.ac.jp/.

About LEIFRAS Co., Ltd.
Headquartered in Tokyo, Leifras is a sports and social business company dedicated to youth sports and community engagement. The Company primarily provides services related to the organization and operations of sports schools and sports events for children. As of December 31, 2024, Leifras was recognized as one of Japan’s largest operators of children’s sports schools in terms of both membership and facilities by Tokyo Shoko Research. The Company’s approach to sports education emphasizes the development of non-cognitive skills, following the teaching principle “acknowledge, praise, encourage, and motivate.” The holistic approach that integrates physical and mental development sets Leifras apart in the industry. Building upon deep experience and know-how in sports education, Leifras also operates a robust social business sector, dispatching sports coaches to meet various community needs with the aim to promote physical health, social inclusion, and community well-being across different demographics.
For more information, please visit the Company’s website: https://ir.leifras.co.jp/.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. 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 press release. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. These statements are subject to uncertainties and risks, including, but not limited to, the uncertainties related to market conditions, and other factors discussed in the “Risk Factors” section of the registration statement filed with the U.S. Securities and Exchange Commission (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 registration statement and other 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 more information, please contact:

LEIFRAS Co., Ltd.
Investor Relations Department
Email: IR@leifras.co.jp

Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com

Kavalan Is 2026 ‘Distiller of the Year’ at World Whiskies Awards

By
Advertorial Desk
-

Taiwan’s Leading Distillery Wins WWA’s Highest Honour as Two Expressions Advance to Finals

TAIPEI, April 2, 2026 /PRNewswire/ — Taiwan’s trailblazing whisky distillery, Kavalan, has achieved a landmark moment at the World Whiskies Awards (WWA) 2026, one of the most respected competitions in the global whisky industry. Kavalan was named Distiller of the Year, securing the highest global honour and reaffirming its position among the world’s leading whisky producers.

Kavalan Distillery named Distiller of the Year at WWA 2026.
Kavalan Distillery named Distiller of the Year at WWA 2026.

This first-time achievement is a huge jump from Kavalan’s previous titles of Distiller of the Year – Rest of World, signalling Kavalan’s evolution from a regional standout into a global benchmark.

King Car Chairman Mr. YT Lee said Kavalan was honoured to be recognised at the World Whiskies Awards, widely regarded as one of the most prestigious and rigorous competitions in the global whisky industry.

“Among international competitions, the WWA is considered a true benchmark for excellence, and we are deeply humbled to receive this top honour. This recognition is not only a proud moment for Kavalan, but also for Taiwan, reflecting our team’s dedication to craftsmanship and quality. This marks Kavalan’s nineteenth distillery award of the highest industry honours in the twenty years since its founding. We remain committed to upholding these values and sharing Kavalan’s unique character with whisky lovers around the world.”

Kavalan’s Distiller of the Year title at the Icons of Whisky Awards 2026, marking a historic first for the distillery in this highest global honour.
Kavalan’s Distiller of the Year title at the Icons of Whisky Awards 2026, marking a historic first for the distillery in this highest global honour.

Kavalan’s Distiller of the Year title at the Icons of Whisky Awards 2026, marking a historic first for the distillery in this highest global honour. The award further affirms the distillery’s exceptional whisky-making capabilities, with its craftsmanship, cask expertise, and flavour finesse earning high praise from the judging panel. The distillery has demonstrated remarkable growth in visitor experience, brand storytelling, product innovation, and sustainability initiatives, while strengthening corporate responsibility, reinforcing its position as a global benchmark for excellence in whisky production.

This year, two Kavalan expressions advanced to the final stage of the competition, with Kavalan Peatist Oloroso Sherry Cask Single Cask Strength Single Malt Whisky and Kavalan Distiller’s Reserve No.1 Single Malt Whisky both named WWA 2026 winners for Taiwan in their respective categories.

Organized by Whisky Magazine, the World Whiskies Awards was launched in 2007 and widely regarded as one of the most authoritative competitions in the global whisky industry. This year, thousands of entries from 46 countries and regions were evaluated through a rigorous three-stage blind tasting process by a distinguished panel of experts, including leading journalists, specialist retailers, distillers, and industry professionals.

About World Whiskies Awards

With an unwavering commitment to excellence, the World Whiskies Awards selects, rewards, and promotes outstanding whiskies, showcasing the mastery of distillers in flavour, complexity, and character. Each category undergoes rigorous evaluation by a panel of judges with exceptional expertise and discerning palates. The Icons of Whisky recognise the people and places whose work is the foundation of the whisky industry.

About Kavalan Whisky

Kavalan Distillery in Yilan County has been pioneering the art of single malt whisky in Taiwan since 2005. Our whisky, aged in intense humidity and heat, sources the crystal meltwaters of Snow Mountain and is enhanced by sea and mountain breezes. These conditions combine to create Kavalan’s signature creaminess. Taking Yilan County’s old name, our distillery is backed by more than 45 years of beverage-making under parent company, King Car Group. We have collected over 950 gold awards or higher from the industry’s most competitive contests.

CONTACT:

Kaitlyn Tsai
kaitlyn@kingcar.com.tw  

Wendy Wang
wendywa@kingcar.com.tw  

CHIC 2026 Honors Landmark Deals and Financings at Annual Awards Gala

By
Advertorial Desk
-

SHANGHAI, April 2, 2026 /PRNewswire/ — The 12th Annual China Healthcare Investment Conference (CHIC 2026) capped the first day of its two-day program with a celebratory Awards Gala Dinner held at The Ritz-Carlton Hotel Pudong, Shanghai. The evening, co-hosted by Founding Platinum Sponsor Wilson Sonsini and the BayHelix Group, recognized outstanding achievements in healthcare investment, financing, and deal-making over the past year.


This year’s awards honored the companies and individuals at the forefront of China’s dynamic healthcare sector — from landmark licensing and partnership agreements to capital markets milestones and private financings that are reshaping the industry. Award recipients were selected through a formal vote conducted by CHIC’s Founders and 2026 Organizing Committee & Working Group, whose collective expertise spans venture capital, private equity, and global healthcare leadership.

Award Winners

IPO of the Year

Winner: Insilico Medicine
Accepted by: Leah Liu, VP and Global Head of IR & Capital Markets, Insilico Medicine
Presenter: Richard Wang, China Partner, Wilson Sonsini

Private Financing of the Year — Tied

Co-Winner: Kailera Therapeutics
Accepted by: Shelley Liu, Head of China Business Development & Strategy, Hengrui (Kailera Therapeutics was built on Hengrui assets)
Presenter: Kan Chen, Co-Head of Healthcare, Qiming Venture Partners

Co-Winner: Vor Bio
Accepted by: Jianmin Fang, CEO, RemeGen (Vor Bio’s leading project is from RemeGen)
Presenter: Cyber Cao, Managing Director, HSG

Deal of the Year — Tied

Co-Winner: Hengrui Pharma – GSK
Accepted by: Shelley Liu, Head of China Business Development & Strategy, Hengrui; and Ming Fang, PhD, Senior Director, Search & Evaluation, Business Development, GSK
Presenter: Steve Yang, Co-Founder, the BayHelix Group; Co-CEO, WuXi Apptec

Co-Winner: Innovent – Takeda
Accepted by: Sophy Wang, Board Secretary & Global BD, Innovent; and Eric Yeung, Head of Oncology and Global Business Development, Takeda
Presenter: Kevin Yuan, CEO, Hankang Capital

About CHIC 2026

The China Healthcare Investment Conference (CHIC) is a premier platform connecting innovation and investment in China’s healthcare sector. Now in its 12th year, CHIC brings together senior decision-makers including venture capital and private equity investors, pharmaceutical executives, and biotech and medtech CEOs. The 2026 conference was held on March 23–24 at The Ritz-Carlton Hotel Pudong, Shanghai, under the theme “Innovation in Healthcare – The Answer to Uncertainty.”

About the Gala Dinner Co-Hosts

Wilson Sonsini is a leading legal advisor to life sciences, and biotechnology industries, offering integrated counsel across the full spectrum of a company’s life cycle —  from early-stage intellectual property strategy and patent prosecution to complex technology transactions, licensing, collaborations, as well as M&As, IPOs and capital market offerings. As Founding Platinum Sponsor of CHIC, Wilson Sonsini has been a steadfast partner in the conference’s mission to connect healthcare innovation with global capital.

The BayHelix Group is a non-profit professional organization of business leaders with a mission to shape the growth of the life sciences and healthcare industry. Founded in 2001 in the San Francisco Bay Area, BayHelix has grown to over 800 members globally with a strong presence in China and the US. BayHelix serves as a co-host of the CHIC Gala Dinner and is a longstanding partner in advancing the global development of China’s healthcare sector.

CHIC 2026 Founding Individuals & Organizing Committee / Working Group

The following individuals served as the voting body for the CHIC 2026 Awards, representing the CHIC Founding Individuals and the Organizing Committee & Working Group.

Founders

Marietta Wu, Managing Director, Quan Capital
Frank Kung, Managing Partner, Vivo Capital
Hongbo Lu, Managing Member, NEXTBio Capital
James Li, Venture Partner, Frazier Lifesciences
Norman Chen, CEO, The Asian American Foundation

2026 Organizing Committee & Working Group

Cyber Cao, Managing Director, HSG
Jialing Dai, President & Publisher, PharmaDJ
Tess Cameron, Managing Director, RA Capital Management
Kan Chen, Co-Head of Healthcare, Qiming Venture Partners
Sean Zhang, Executive Director, Vivo Capital
Dandan Dong, Venture Partner, TCGX
Anna Chen, Partner, Frazier Life Sciences
Yuan Yuan, Head of Platform Development, China, NEXTBio Capita
Zhanghang Yan, Vice President, Quan Capital
Yun Gao, Principal, Lilly Asia Ventures



GA technologies Rebrands “Renters Warehouse” as “RENOSY by Renters Warehouse” to Accelerate U.S. Growth

By
Advertorial Desk
-

TOKYO, April 2, 2026 /PRNewswire/ — GA technologies Co., Ltd. (Headquarters: Minato-ku, Tokyo; President, CEO: Ryo Higuchi; Stock Code: 3491; hereinafter referred to as the “Company”) announces that its AI real estate investment service, “RENOSY,” has launched an initiative to rebrand “Renters Warehouse” (operated by RW OpCo, LLC [Headquarters: United States], a Group company), as “RENOSY by Renters Warehouse.”

URL: https://www.renterswarehouse.com/


  • Background and Outlook of the Brand Integration and Renewal

Since its founding in 2013, the Company has operated under its corporate philosophy:

“Spark excitement and inspiration by fusing technology with innovation to propel the world forward.” The Company’s core business is the AI real estate investment service “RENOSY,” which leverages technology to provide unique one-stop services for property purchase, management, and sale.

RW OpCo, LLC, founded in 2007, operates the real estate investment marketplace “Renters Warehouse.” Primarily serving individuals and institutional investors in the United States, the platform functions as an online marketplace and currently operates in 18 states and 31 locations across the country.

The Company completed the consolidation of RW OpCo, LLC as a subsidiary in March 2024 and began providing real estate services in the U.S. market.[1] Since the fiscal year ending October 2025, the business has maintained strong performance, achieving quarterly profitability and growing rapidly to become the Company’s third pillar of profit.[2]

The Company has now moved to rebrand its U.S. business from “Renters Warehouse” to “RENOSY by Renters Warehouse,” aiming to drive further growth in the U.S. market and maximize group synergies. Through the full-scale expansion of “RENOSY” in the U.S. market, the Company looks to promote the adoption of services that enable reliable, seamless, and optimal asset formation through real estate in the country.

The impact of this matter on the Company’s business results is insignificant.

  • AI Real Estate Investment RENOSY

RENOSY is an AI real estate investment service that utilizes technology. Reliable, seamless, and optimal asset-building through real estate is realized by providing one-stop support for the purchase, management, and sale of property, maximizing operational effectiveness. An extensive product lineup is offered that includes condominiums, apartments, and detached houses, etc. Surveys conducted by Tokyo Shoko Research have ranked RENOSY No. 1 in Japan in real estate investment sales and purchases.[3]

1. Press release released by GA technologies Co., Ltd. “Notice Regarding Completion of Ownership Acquisition of RW OpCo, LLC, a U.S. Company” (releasing date: March 1, 2024) https://ssl4.eir-parts.net/doc/3491/tdnet/2405406/00.pdf

2. Presentation material released by GA technologies Co., Ltd. “FY2025. 10 Full-year Financial Results” (releasing date: December 15, 2025) https://ssl4.eir-parts.net/doc/3491/tdnet/2731394/00.pdf, and “FY2026. 10 1Q Financial Results” (releasing date: March 17, 2026) https://ssl4.eir-parts.net/doc/3491/tdnet/2777310/00.pdf

3. Press release released by GA technologies Co., Ltd. “AI Real Estate Investment Service RENOSY is Ranked No. 1 in Japan in Sales of Investment Condominiums and Apartments for the Second Consecutive Year” (releasing date: March 31, 2026) https://www.ga-tech.co.jp/news/wherjxrzxv88n_r/
  • Profile of GA technologies

Company name: GA technologies Co., Ltd.
Representative: Ryo Higuchi, Representative Director, President and CEO
URL: https://www.ga-tech.co.jp
Headquarters: Sumitomo Fudosan Roppongi Grand Tower 40F, 3-2-1 Roppongi, Minato-ku, Tokyo
Established: March 2013

Businesses:

  • Development and operation of AI real estate investment service “RENOSY”
  • Development and operation of real estate B-to-B platform “ITANDI”
  • Development of platform businesses in the PropTech domain

Major Group Companies: A total of 30 companies, including ITANDI Inc., RW OpCo, LLC, etc. Additionally, there are 28 subsidiaries under RW OpCo, LLC.

Please contact us if you have any questions about the release GA technologies Co., Ltd. PR contact point: pr@ga-tech.co.jp 

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