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Taiwan Travel Fair Returns to Singapore’s Marina Square Inviting Singaporean Travellers to Take a Sip of ‘Magical’ Taiwan

SINGAPORE, April 22, 2025 /PRNewswire/ — To tap into Singapore’s peak outbound travel season during the summer vacation, the Taiwan Tourism Administration has partnered with 31 organisations, including airlines, hotels, leisure farms, amusement parks, and tourism associations, along with seven major travel agencies—ASA Holiday, Chan Brothers Travel, CTC Travel, EU Holidays, Hong Thai Travel, Nam Ho Travel, and WTS Travel—to host the Taiwan Travel Fair from April 25th to 27th at Marina Square. The event will showcase Taiwan’s latest and most unique travel attractions, including forest railways, island beaches, family-friendly theme parks, and leisure farms, encouraging Singaporean travellers to discover new ways to explore Taiwan year-round.

Taiwan Travel Fair 25-27 Apr 2025
Taiwan Travel Fair 25-27 Apr 2025

Building on the positive reception from the past three years, Taiwan Travel Fair has received enthusiastic feedback, drawing tens of thousands of local visitors each time. This year’s Taiwan Travel Fair brings even more exciting news—a special bonus offer under the “Taiwan the Lucky Land” campaign. In addition to the existing prizes, exclusive additional rewards have been introduced for Singaporean travellers: by registering their trip 1 to 7 days before arriving in Taiwan, they have a chance to win NT$5,000! With Taiwan’s well-developed transportation system, visitors can easily travel around using the “TAIWAN PASS,” which integrates Taiwan High-Speed Rail (HSR), Railway, MRT systems, Tour Buses, Tourist Shuttle services, and take advantage of special “buy-one-get-one-free” HSR ticket offers, making travel across Taiwan more convenient than ever.

This year’s fair theme, “Take a Sip of Taiwan,” highlights the vibrant colours of Taiwan’s tourism branding 3.0 campaign. The Taiwan Travel Fair will offer lively and interactive experiences, including a refreshing “Magical Layered Gelidium Jelly Drink,” a uniquely Taiwanese summer treat, and freshly baked “Taiwanese Eggie Cake.” Visitors who complete a survey at the fair can enjoy these popular snacks and beverages, filling Marina Square with the delightful aromas of Taiwan.

During the three-day event, the renowned Taiwanese circus troupe Eye Catching Circus will present live performances titled “Island Passages” blending acrobatics, juggling, dance, and theatre to bring Taiwan’s ecology, culture, cuisine, and lifestyle vividly to life, creating a vibrant and engaging atmosphere for Singaporean audiences. Additionally, the fair will feature DIY workshops where visitors can paint beer glasses and craft leather OhBear cardholders, offering a fun, hands-on way to learn about Taiwan’s unique travel experiences—perfect for family travellers.

Following the fair, over 100 tourism industry representatives from Taiwan and Singapore will participate in a B2B Taiwan Tourism Workshop on April 28th at Hilton Orchard Singapore. The workshop will share Taiwan’s latest tourism updates and promotional offers, provide one-on-one business matchmaking opportunities, and feature a lucky draw for SingaporeTaiwan round-trip flight tickets to encourage Singaporean partners to visit Taiwan and develop new travel packages. This collaborative effort aims to boost visitor numbers from Singapore to Taiwan, reaching new peaks in 2025.

With rich tourism resources, language convenience, frequent flights, delicious cuisine, unforgettable street food and friendly people, Taiwan remains a top choice for Singaporean travellers to visit again and again. In addition to the Taiwan Travel Fair campaign at Marina Square, Singapore’s MRT, buses, and taxis will showcase Taiwan’s stunning scenery and culinary delights with eye-catching display ads. The Taiwan Tourism Administration warmly invites Singaporean friends to visit the Taiwan Travel Fair from April 25th to 27th, to experience Taiwan’s flavours, sights and sounds firsthand, discover new ways to enjoy Taiwan, and seize the moment to book their trips with participating travel agencies and receive exclusive gifts. Let’s have a drink, grab a deal, and enjoy a joyful and relaxing weekend together at the Taiwan Travel Fair!

Event Information
2025 Taiwan Travel Fair
Date: April 25th (Fri) – April 27th (Sun), 2025
Time: 11:00 AM7:00 PM
Venue: Central Atrium, Marina Square
Target Audience: Free admission to General Public

2025 Taiwan Tourism Workshop
Date: April 28th (Mon), 2025
Time: 1:25 PM4:30 PM
Venue: Hilton Orchard Singapore
Target Audience: Taiwan and Singapore travel industry professionals (Invited only)

Marie Kondo Uncovers New Joy Through Travel with Klook

The Netflix star rediscovers what sparks joy through immersive experiences, proving transformation isn’t found in a drawer—it’s found on the road.

SINGAPORE, April 22, 2025 /PRNewswire/ — Marie Kondo built a global empire by helping millions let go of what no longer sparked joy for them. But in a refreshing turn of events, Kondo has found a new path to joy—not through perfectly folded clothes, but through travel. In a new global campaign with Klook, a leading platform for experiences and travel services in Asia, Kondo trades structure for spontaneity, embarking on a deeply personal journey of rediscovery.

In Klook's new global The Best You campaign, Marie Kondo trades structure for spontaneity, embarking on a deeply personal journey of rediscovery
In Klook’s new global The Best You campaign, Marie Kondo trades structure for spontaneity, embarking on a deeply personal journey of rediscovery

Aptly titled The Best You, the campaign reframes travel as more than a getaway—it’s a gateway to becoming the version of yourself you didn’t know you were looking for. “My system for tidying took the world by storm, but things had to change as I needed to focus on my family,” said Kondo. “I’m coming back to where it all started, to discover what can spark joy in this new phase of my life. I want to always be open to new experiences, to never stop searching for things that touch my heart,” she added.

From Bucket Lists to Better Selves

According to Klook’s latest Travel Pulse study, 1 in 2 Millennial and Gen Z travelers are driven by the desire for personal transformation. They’re not just looking for picture-perfect getaways, but real experiences that spark joy, clarity, and wonder. And the best way to do that, according to nearly 1 in 5 travelers, is to embark on a nature retreat or take a short weekend getaway to chase meaningful moments beyond the miles.

“We’ve always believed experiences offer more than just activities—they’re a way to see yourself differently. When the world feels unpredictable, people look for moments that bring them back to who they are. The Best You is our invitation to rediscover joy, connection, and personal growth through the simple power of travel and shared experiences,” said Marcus Yong, Vice President, Global Marketing at Klook.

Travel, whether near or far, offers a chance for renewal, with 48% of travelers reportedly feeling fully recharged after taking a trip. From local escapes to far-flung adventures, The Best You is delivering transformative experiences that foster personal growth to bring you closer to who you want to become.

Here’s To Manifesting The Best Version of Yourself

Whether it’s finding your playful side at a theme park, embracing stillness on a scenic train ride, or trying something new with loved ones, The Best You is about discovering experiences that bring you closer to who you want to be.

To help travelers kickstart their journey to the best version of themselves, Klook has created an interactive online quiz—part personality decoder, part choose-your-own-adventure. Every journey starts with a choice, and through a series of intuitive, story-led decisions, travelers uncover one of eight distinct travel personalities that reflect their unique travel aura. More than just a label, each persona unlocks curated experiences designed to help bring your best self to life, wherever the journey takes you.

Walk in Marie Kondo’s Footsteps in Japan

And if Japan is on your list, you can even follow in Marie Kondo’s footsteps with a curated itinerary that includes: channeling your inner samurai to find balance and focus, learning to see beauty beyond imperfection in a kintsugi workshop, and letting loose in a one-of-a-kind robot dance session.

Ready to find the best you? Take the quiz and start your journey today at ExperienceTheBestYou.com

Get inspired: watch The Best You short film now.


Take the leap, go beyond the ordinary, and discover The Best You with Klook at ExperienceTheBestYou.com

About Klook

Klook is a leading platform for experiences and travel services in Asia. We curate quality experiences ranging from attractions and tours to local transport and experiential stays, in over 2,700 destinations globally. Founded in 2014, we are here to inspire and enable more moments of joy for travelers anytime, anywhere.

For media enquiries, please contact:
press@klook.com

Emaar Contributed Over US$ 1 Billion to Elevate Dubai’s Global Brand and Visitor Experience

  • Continued Annual Contributions of Over US$ 50 Million to Sustain and Modernise Globally Renowned Events and Attractions
  • Strong Focus on Local Community Impact Through Community Initiatives and Sponsorships

DUBAI, UAE, April 22, 2025 /PRNewswire/ — Emaar, the master developer behind Dubai’s most iconic landmarks, has invested over US$ 1 billion in shaping and enhancing the city’s global identity. This cumulative contribution underscores the company’s long-standing commitment to reinforcing Dubai’s international standing through cutting-edge experiences, vibrant cultural platforms, and landmark social infrastructure.

Emaar’s US$ 1 billion contribution to shaping Dubai’s global identity and visitor experience
Emaar’s US$ 1 billion contribution to shaping Dubai’s global identity and visitor experience

From creating and operating Dubai Fountain—the world’s largest choreographed fountain—and producing the internationally acclaimed New Year’s Eve celebrations at Burj Khalifa, to enabling the launch and continued success of Dubai Opera as the region’s cultural epicentre, Emaar has consistently raised the bar in enriching Dubai’s urban and cultural fabric.

These signature experiences are sustained and enhanced through ongoing annual investments exceeding US$ 50 million, covering not only the operation and maintenance of key attractions, but also the evolution of immersive technologies and entertainment formats. This includes the modernisation of Burj Khalifa’s façade with next-generation lighting and projection systems, enabling captivating narratives that reach millions of viewers globally.

In addition to its physical contributions, Emaar continues to champion inclusive growth and community wellbeing. Through the Emaar Foundation, the company supports a wide range of local causes—from charitable housing and development programmes to national sports and cultural sponsorships—demonstrating its integral role in nurturing both city and society.

“Emaar’s journey has always been rooted in a vision that transcends construction—it is about crafting experiences that inspire, unite, and leave a lasting impact,” said Mr. Mohamed Alabbar, Founder of Emaar. “Our investments are a testament to our belief in Dubai’s limitless potential, and we are proud to play a key role in defining its global narrative.”

Emaar’s commitment to excellence, innovation, and community empowerment continues to drive progress, shaping Dubai’s future as a leading global hub. With bold ideas and sustained contributions, the company is poised to play an even greater role in defining the city’s next chapter as it strives to become one of the most admired destinations in the world.

 

Toshiba Launches Overseas Business in ifLink, its Open IoT Platform for Easy Access to IoT Services

– Starting ifLink business in Thailand, aiming to develop global business –

KAWASAKI, Japan, April 22, 2025 /PRNewswire/ — Toshiba Digital Solutions Corporation (Toshiba Digital Solutions) and Toshiba Asia Pacific (Thailand) Co., Ltd. (TATC), a Toshiba Group subsidiary, today brought an innovative, cost effective approach to IoT development to the Thai market with the launch of ifLink , built on the ifLink platform (ifLink) provided by Toshiba Digital Solutions. This is the first ifLink business outside Japan, and TATC is responsible for software license sales and customer support.

ifLink is an open IoT platform service that makes it easy to combine various IoT devices and web services into modules, connect to a cloud-based application platform and to define device operation with if-then (condition-action) rules. In Japan, ifLink has won support from over 100 companies and schools, and Toshiba Digital Solutions has provided ifLink licenses to Japanese companies in many different business sectors.

In Thailand, IoT implementation has been held back at some manufacturing sites by a lack of know-how and high introductory costs. TATC is collaborating with the Technology Promotion Association (ThailandJapan) (TPA), a non-profit set up to transfer and disseminate Japan’s latest IoT technologies and know-how in Thailand and to develop human resources. TATC has examined and confirmed that ifLink can be applied to kaizen activities at manufacturing sites participating in the Project of Smart Monodzukuri Support Team in Thailand that TPA is promoting as part of its effort to develop human resources for DX.

In November 2024 and January 2025, Toshiba held hands-on seminars for project instructors who assist in transferring digital technology to local personnel and TPA member companies covering the practical use of ifLink to set up IoT. Seminar participant found ifLink user-friendly, even for people with limited knowledge of IoT, which prompted Toshiba Digital Solutions and TATC to launch the ifLink business in Thailand for Thai manufacturing companies, including TPA members. Toshiba Digital Solutions provides the ifLink software, and TATC handles software license sales, device setup, and customer support in English and Thai.

In Thailand, TATC will offer a trial service leading to a full license. It provides one month’s use of the ifLink Starter Kit — an Android smartphone with the ifLink app installed, a data communications device, and sensors — and costs 10,500 baht (approximately 310 USD*) from TATC. Users can start using ifLink without preparing any devices themselves. Once users have used the trial service to confirm ifLink’s effectiveness, they can purchase the full license. It is a subscription service with a basic monthly license fee of 5,740 baht (approximately 170 USD*), plus the cost of an Android smartphone and the devices and sensors, and a one-time setup fee. The monthly subscription service fee may vary, depending on the sensors used. TPA members that participated in TPA’s ifLink seminar will receive a special price.

The ifLink Starter Kit for the trial service
The ifLink Starter Kit for the trial service

Toshiba Digital Solutions and TATC target sales of 100 ifLink Starter Kit licenses to manufacturers in Thailand over the three years to fiscal year 2027. They will also seek business partners to provide IoT solutions built on ifLink.

Toshiba Digital Solutions is considering taking the ifLink business in Asia-Pacific beyond Thailand, and aims to grow an ifLink-based open IoT business ecosystem in Japan and internationally.

About the ifLink platform: 
https://www.global.toshiba/ww/products-solutions/ai-iot/iflink.html

For product inquires: 
Toshiba Asia pacific (Thailand) Co., Ltd.
Ms. Wichuta Lablay: wichuta_lablay@tasia.toshiba.co.jp (Thai)
Mr. Shunichi Morita: shunichi.morita@Toshiba.co.jp (Japanese)

* The amount is converted at a rate of 1 THB = 0.0296 USD.

– ifLink is a registered trademark or trademark of Toshiba Digital Solutions in Japan and other countries.

– Company names and product names in this press release may be trademarks or registered trademarks of their respective companies.

– The information in this press release, including service details, prices, specifications, related links, and contact information, is up to date as of the announcement date. Please note that it is subject to change without notice.

Casio to Release MR-G Inspired by the World’s Largest Frog

New FROGMAN Diver’s Watch with ISO 200m Water Resistance

TOKYO, April 22, 2025 /PRNewswire/ — Casio Computer Co., Ltd. announced today the release of a new MR-G timepiece, adding to the flagship line of the G-SHOCK brand of shock-resistant watches. The design of the new MRG-BF1000RG, the latest timepiece in the FROGMAN line of diver’s watches, evokes the world’s largest frog — the goliath frog.

MRG-BF1000RG
MRG-BF1000RG

The FROGMAN shock-resistant diver’s watch is known for its asymmetric design, crafted to allow unrestricted wrist movement underwater. The MRG-BF1000R, released in 2023, brought this unique form to life with a highly water-resistant titanium case. Its meticulous construction, including a polished finish down to the finest details, has earned it high praise.

Building on the MRG-BF1000R, the new MRG-BF1000RG draws inspiration from the goliath frog — the world’s largest frog — found in the tropical rainforests of West Africa. Its colors and design evoke a spirit of adventure, capturing the thrill of exploring untamed wilderness.

The khaki band, inspired by the coloring on the back of the goliath frog, is made with a soft, highly flexible fluoro rubber material, ensuring a comfortable fit. The beige indexes, evoking the coloring on the frog’s underside, are coated with Neobrite for excellent visibility even in low-light conditions. The titanium screw-lock case back is fitted with a sapphire crystal, finished with a vibrant green vapor deposition inspired by the eye of the Goliath frog, and maintains a highly water-resistant structure while preserving the built-in antenna’s radio wave reception sensitivity.

In dive mode, the hour and minute hands overlap to form a single hand, providing an intuitive, easy-to-read display of time spent underwater. Three dual-coil motors enable swift hand movement, allowing users to switch quickly from current time display to dive time display — making this a truly practical diver’s watch.

Design inspired by the goliath frog
Design inspired by the goliath frog

LG HONORED WITH TOYOTA’S “EXCELLENT VALUE IMPROVEMENT AWARD” FOR THE FIRST TIME

Company’s Outstanding Efforts in Delivery and Collaborative Cost Reduction Recognized by the World’s Largest Car Manufacturer

SEOUL, South Korea, April 22, 2025 /PRNewswire/ — LG Electronics (LG), a mobility sector technology leader, has been awarded the 2024 Excellent Value Improvement Award by Toyota Motor North America (TMNA) for the first time. The award was presented at TMNA’s Annual Supplier Business Meeting in the U.S. This award recognizes LG’s contributions to component quality and technological innovation in Toyota’s largest market, North America.

LG Honored with Toyota’s “Excellent Value Improvement Award” for the First Time
LG Honored with Toyota’s “Excellent Value Improvement Award” for the First Time

To determine the award winners, TMNA evaluates supplier performance based on key criteria such as technology and development, supplier diversity, value improvement, Value Analysis achievement, quality, launch and value chain promotion. LG was highly commended for its outstanding delivery and proactive support of cost innovation initiatives. The company’s commitment to on-time, high-quality supply chain management has ensured seamless operations for Toyota, while its collaborative approach to cost optimization prioritizes continuous improvement over simple price reductions. LG also excelled in Manufacturing Improvement, demonstrating resilience and operational excellence in the challenging post-pandemic landscape.

LG has been a trusted partner of Toyota since supplying Navi-box components for its vehicles in 2011. This partnership expanded in 2019 to include advanced telematics solutions for TMNA. The LG Vehicle Solution Company leverages its expertise in 5G telematics technology to deliver advanced connectivity solutions tailored for the automotive industry. The company provides versatile telematics control units (TCUs) available in both standalone and integrated-antenna configurations. These TCUs feature cutting-edge capabilities, including 5G connectivity, Vehicle-to-Everything (V2X) communication, and robust cybersecurity measures. Such innovations enable automakers to offer seamless connectivity, efficiently supporting the growing demands of connected and autonomous driving. Through close collaboration with global automakers, LG continues to drive innovation and reinforce its leadership position in automotive telematics.

“LG’s commitment to collaboration and continuous improvement has been outstanding,” said Ryan Grimm, Group Vice President of TMNA R&D Purchasing Supplier Development. “We appreciate LG’s proactive approach to meeting our evolving needs and look forward to building on this strong foundation as we move forward together.”

“This highly esteemed award validates our efforts in advancing automotive technology and underscores our commitment to collaboration and building customer trust,” said Brad Oh, president of LG Vehicle Solution USA. “Our advanced telematics solutions prioritize vehicle connectivity and safety, helping Toyota realize its vision for the future of mobility through cutting-edge technologies and continued partnership.”

About LG Electronics Vehicle Solution Company

The LG Vehicle Solution Company (VS) is bringing LG’s unique human-centered innovations to the automotive industry. As a trusted and innovative partner, the company provides intelligent solutions including head units, displays, connectivity, ADAS vision systems, and software solutions for software-defined vehicles. Committed to “Driving Better Future Mobility,” the company has diversified its portfolio to further strengthen its capabilities. This includes the acquisition of automotive lighting systems provider ZKW Group and vehicle cybersecurity company Cybellum, as well as the establishment of the LG Magna e-Powertrain joint venture. For more information, visit www.LG.com/global/mobility. To stay updated with the latest news, subscribe to the LG mobility newsletter, LG Loop at www.LG.com/global/mobility/newsletter and follow the LG VS Company LinkedIn channel at www.linkedin.com/company/lgvehiclesolution

Euclid Transactional Adds First Tax Underwriter Based in APAC

SINGAPORE, April 22, 2025 /PRNewswire/ — Euclid Transactional, LLC (“Euclid Transactional”), a leading managing general agent focused on transactional insurance underwriting and claims handling, today announced that Wai Ling Low has joined as Senior Vice President and Tax Underwriter, APAC.

Wai Ling’s core responsibilities include supporting Euclid Transactional’s key broker partners by underwriting specific tax liability risks, representing the first tax underwriter based in the APAC region to join Euclid Transactional’s global tax insurance team. Wai Ling reports into Chris Waddington, Managing Director and Head of Tax (EMEA and APAC).

Chris commented: “We are very excited to have Wai Ling join Euclid Transactional’s global tax insurance team, which allows us to offer local tax underwriting capabilities in the APAC region for the first time. This will further enhance our global tax insurance offering and the support we provide to our key partners on their international deals“.

Wai Ling joins a rapidly growing Singapore-based APAC team that services its brokers and clients on their merger and acquisition transactions, tax risks and contingent risks in Asia Pacific.  “With her wealth of expertise in APAC tax, Wai Ling enhances our ability on the ground in APAC to provide integrated solutions to our valued partners. This strategic hire further cements our long-term commitment to the APAC region and we look forward to continuing to invest in talents in order to better address the needs of our partners,” said Alice Ho, Managing Director and Head of APAC at Euclid Transactional.

Wai Ling brings fourteen years of experience in advising clients on complex international tax issues, corporate restructuring, and mergers and acquisitions. She is an Accredited Tax Advisor (Income Tax) of the Singapore Chartered Tax Professionals and holds a BBA (Accountancy) from the National University of Singapore. Prior to joining Euclid Transactional, Wai Ling was an Associate Partner with EY Singapore, preceded by a role with PwC’s corporate tax advisory team.

Euclid Transactional has more than 140 employees across 10 offices around the world, including an industry-largest 20+ person claims team dedicated solely to transactional insurance claims handling.

Euclid Transactional APAC Pte. Ltd. operates under a delegation of authority by Swiss Re International SE, Singapore Branch in respect of representations and warranties insurance, tax liability insurance and contingent liability insurance, which arrangement is registered with the Monetary Authority of Singapore. Euclid Transactional APAC Pte. Ltd. is registered with the General Insurance Association of Singapore.

About Euclid Transactional 

Euclid Transactional, LLC is a managing general agency specializing in the underwriting of representations & warranties/warranty & indemnity, tax liability, contingent liability and other transactional insurance coverages. Operated by one of the industry’s largest teams of experienced underwriters and claims executives, Euclid Transactional strives to provide the most consistent and dependable service and has issued policies that have paid more than $1 billion to its clients. The firm has offices in New York, London, Chicago, Frankfurt, Copenhagen, Stockholm, Dublin, Toronto, Paris and Singapore, and offers full-service underwriting for deals across the Americas, Europe, the Middle East and Africa, and Asia Pacific. Euclid Transactional is an affiliate of Euclid Insurance Services, a program administrator that provides its partners with advisory, accounting, information technology and human resource services. Euclid Transactional’s insurance capacity is provided by premier insurers, all of which are rated AM Best A (Excellent) or better.

Media Contact:
Jack Dulin
RF|Binder
jack.dulin@rfbinder.com
212-994-7582

Venus Medtech Reports 2024 Annual Results: Profitability Surges with Robust Global Expansion and Innovations

HONG KONG, April 22, 2025 /PRNewswire/ — Venus MedTech (Hangzhou) Inc. (Stock Code: 2500.HK, hereinafter referred to as “Venus Medtech” or the “Company”), a global leader in structural heart therapies, has announced financial results for the year ended December 31, 2024 (“the Year”), demonstrating significant improvements in profitability and operational discipline despite market challenges.

Key Financial Highlights

  1. Revenue: RMB471 million, with overseas revenue growing 13.53% YoY to RMB82.5 million.
  2. Adjusted non-IFRS EBITDA loss: Narrowed by 45.56% YoY to RMB254 million, reflecting stringent cost controls.
  3. Commercial profit: Surged 112.60% YoY to RMB97.7 million, with the commercial profit margin rising from 9.35% (2023) to 20.74%.
  4. Gross margin: Remained robust at 78.11%, underscoring pricing stability.

Facing a challenging landscape, Venus Medtech reinforced its leadership in China’s valvular therapy sector while achieving significant progress in operational efficiency and commercial profitability, mainly reflected in:

Cost Optimization

  • Sales expenses decreased by 18.44% YoY to RMB245 million, with the sales expense ratio decreasing from 61.15% (2023) to 52.05% through streamlined distributor management and accounts receivable reforms.
  • R&D expenses declined 35% YoY to RMB341 million, as the Company prioritized high-value pipeline projects, reducing R&D expense ratio from 106.83% to 72.46%.

Profitability Focus

  • The “Profitability-First” strategy drove a 112.60% increase in commercial profit (RMB97.7 million), while adjusted EBITDA losses halved (-45.56%), signaling sustainable financial traction.

Global Expansion and Maintain Domestic Leadership

In domestic markets, Venus MedTech focused on distributor channel development and penetrated tier-2 and tier-3 hospitals, securing its 1st position as China’s leading transcatheter aortic valve replacement (TAVR) provider.

  • Products are now used in over 650 hospitals nationwide.
  • The company participated in more than 90 third-party conferences and hosted over 100 proprietary events, engaging over 5,500 medical experts, and reaching more than 2 million online viewers.

Internationally, sales contributed 17.52% of total revenue (up from 14.79% in 2023). Growth was driven by Europe (+10.1%), Asia-Pacific (+16.6%), and Latin America (+38.6%). Venus Medtech expanded into 13 new countries, bringing its total global footprint to nearly 70 markets.

Key milestones included:

  • VenusP-Valve, the Company’s differentiated pulmonary valve product, entered 63 global markets, with new approvals in 12 countries/regions, including Canada, Australia, Singapore, Mexico.
  • VenusA Series products expanded to 15 countries/regions, with new approvals in countries including Russia, Thailand, Mexico, and Kazakhstan.

Innovation-Driven Pipeline Optimization for Sustainable Growth

Venus Medtech remains committed to innovation, advancing its “Four-Valve Strategy” for structural heart disease solutions. Key 2024 developments included:

Aortic Valve

  • Venus-PowerX completed its first patient enrollment in its global confirmatory trial (December 2024), with full China enrollment expected in 2025.
  • VenusA-Deluxe received China market approval in November 2024.

Pulmonary Valve

  • VenusP-Valve advanced its U.S. IDE (PROTEUS) pivotal study, with the first patient successfully implanted in June 2024.

Mitral/Tricuspid Valve

Cardiovalve’s trial in the treatment of tricuspid regurgitation enrolled nearly 120 patients across 30+ renowned cardiovascular centers in Germany, Italy, Spain, the UK, and Canada.

The Company also strengthened its intellectual property portfolio, holding 886 patents and applications (473 granted), including 402 filings in China (275 granted) and 460 overseas (435 granted).

Robust Clinical Evidence Demonstrates Long-Term Efficacy

Adhering to the principles of evidence-based medicine, Venus Medtech has consistently conducted long-term follow-up studies for its registered clinical trials, generating outstanding data that validates the full spectrum of clinical benefits across its product lines. Key findings reported in the year include:

Cardiovalve TARGET CE Pivotal Study (Europe)

  • Immediate outcomes in the first 105 patients demonstrated 93.7% achieved ≤mild tricuspid regurgitation.
  • Early humanitarian use data in 20 patients with 100% severe or worse tricuspid regurgitation showed 90% reduced to ≤mild regurgitation at 30-day follow-up.

VenusP-Valve (5-year CE follow-up data)

  • No mortality or reinterventions, with right ventricular reverse remodeling confirmed via MRI at 6 months and durable functional improvement.
  • 94%+ of patients in NYHA Class I/II at 5 years, demonstrating sustained quality-of-life benefits.

“2024 was a transformative year for Venus Medtech,” said Lim Hou-Sen, CEO of Venus Medtech. “By prioritizing profitability, operational excellence, and global expansion, we have positioned the Company for sustainable growth. Moving forward, we will continue to innovate, optimize our commercial strategy, and deliver long-term value to patients and shareholders.”

About the company

Venus Medtech (2500.HK) was founded in 2009 and is headquartered in Hangzhou, China. It is an innovation-driven medical device company specializing in structural heart disease. The company’s product portfolio covers aortic, pulmonary, mitral, and tricuspid valve diseases, as well as surgical support products, forming a comprehensive pipeline. With global R&D centers in China, the United States, and Israel, Venus Medtech has established a worldwide network for research, production, marketing, and service. The company is committed to providing effective treatment solutions for life-threatening diseases.