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Ping An Health Reports 25.8% Year-on-Year Revenue Growth in Q1 2025, with Profitability Accelerating

Revenue and Profit Surge, Driven by “AI + Health Care” Value Empowerment

SHANGHAI and HONG KONG, April 24, 2025 /PRNewswire/ — Ping An Healthcare and Technology Company Limited (“Ping An Good Doctor“, “Ping An Health” or “the Company”, Stock Code: 1833.HK) announced its first-quarter results for the three months ended March 31, 2025.

In the first quarter of 2025, the Chinese economy continued its upward trajectory, accelerating the construction of a new development pattern with the expansion of domestic demand as a strategic cornerstone. Facing new opportunities, Ping An Health consolidated its foundation in health and senior care, continued to implement its strategy of synergies between health care and insurance. It is committed to representing payers, integrating suppliers, providing the best cost-effective health and senior care services, and building professional family doctors and senior care concierges to make customers “worry-free, time-saving, and money-saving.” During the period, Ping An Health’s overall operations were stable, demonstrating strong resilience and potential. The Company recorded revenue of RMB1.06 billion, a year-on-year increase of 25.8%; adjusted net profit hit RMB57.9 million, with revenue returning to double-digit growth and profitability accelerating. Among them, revenue of integrated finance business (“F-end”) and corporate health management business from corporate clients (“B-end”) increased by 43% year-on-year, and the number of B-end paying users increased by over 45%.

Synergies between Health Care and Insurance Unleash Potential, F/B-End Revenue Grows Rapidly

During the period, the Company continued to deeply synergize with the “integrated finance + health and senior care” strategy through models such as “insurance + health care” and “insurance + senior care,” achieving steady growth in performance.

F-end business continued to deepen the “collaboration between health care and claim settlement” and the “insurance + health and senior care membership” mode, helping Ping An Group’s core integrated finance business enhance product competitiveness and realize the continuous release of synergy potential. By the end of 2024, customers enjoying service benefits from the health and senior care ecosystem covered approximately 70% of the new business value of life insurance. Over 21 million Ping An Life Insurance customers used health management services, with the usage rate of health management services increasing by 2.1 percentage points year-on-year, of which the proportion of new contractual customers using health management services was nearly 79%.

B-end business accelerated the expansion of corporate health management business. The Company created a differentiated product service matrix through in-depth research on needs of employee health management and comprehensively renewed the “commercial insurance + health protection entrustment + medical and health services” product system, providing comprehensive, high-quality, and cost-effective corporate employee health management service systems for different customers. During the period, the Company’s cumulative number of enterprises served exceeded 2,100, and the number of B-end paying users increased by over 45%.

Consolidating the Construction of Two Service Hubs, Strengthening the Resilience of Health and Senior Care Services

In recent years, residents’ health awareness has significantly improved. In order to better meet residents’ health consumption needs and continuously improve the service capacity of health and senior care integration, Ping An Health continuously built two high-quality service hubs centered around family doctors and senior care concierges, based on the “worry-free, time-saving, and money-saving” value concept. Centering on medical, health, and senior care service scenarios, the Company also upgraded its “online, in-store, in-home, and in-company” service network.

During the period, the Company’s family doctor membership was over 20 million. At the same time, based on the dual certification of Peking University International Hospital and the World Organization of Family Doctors (WONCA), its family doctor service level continued to develop and improve. The Company constantly explored the standardization and authoritative certification path of “Internet + medical care, senior care, nursing, and health” and family doctor services with authoritative experts in the industry, promoting the high-quality development of family doctor signing services. Among them, the “Ping An Family Doctor” team obtained the graduation certificate of the first Continuing Professional Development (CPD) program for family doctors organized by WONCA. It marks that Ping An Family Doctor’s professional ability has been internationally recognized and symbolizes the successful integration of China’s family doctor training system with international standards.

In addition, based on the “3-in-1” senior care concierge, focusing on the senior care scenarios of “medical care, housing, nursing and entertainment”, Ping An Health continued to deepen the standardized service system for home-based senior care, and constantly polished the coverage of the high-quality service network. In 2024, the contribution of home-based senior care customers to the first-year premium of life insurance per piece increased by 3 times. In the first quarter, the company launched three new services in the “housing, nursing, and entertainment” alliances, including the launch of the new “safety emergency services” in 20 cities, the “caring managers” to bridge the last mile of caregiving, and the provision of spiritual care services through high-quality educational resources and travel and residence bases. By the end of the period, the number of home-based senior care service users entitled to benefits increased by 15% compared with the end of 2024.

Medical AI Value Empowerment Helps Improve the Quality and Efficiency of Health and Senior Care Services

During the period, the Company accelerated the construction of its AI capabilities, continuously carried out the deployment of the DeepSeek large language model and deepened the verification in real-world health and senior care scenarios. Through the doctor’s workbench Ping An Doctor’s HomeTM under the large multi-modal medical AI model Ping An Medical Master®, the Company has built 12 series of business model groups to help improve the efficiency of family doctor services by approximately 62%. The self-developed AI-powered diagnosis system has covered the diagnostic knowledge of more than 2,000 diseases, with a triage accuracy of over 99% and an auxiliary diagnostic accuracy of over 95%. The newly created Al health manager helps the improvement rate of abnormal indicators in chronic diseases reach 90%. The Company has launched “Ping An Xin Yi,” a new AI-powered digital doctor service that leverages the Al model supported by digital human technology and extensive medical data. Acting as a digital avatar of real doctors, its provides users with diverse services, including online consultation, offline medical assistance, report and test result interpretation, and medication reminders, now covering more than 20 practical medical scenarios.

In addition, the Company is committed to its CARE sustainable development strategy guided by the principle of “Technology for Humanity, Healthcare with Warmth,” and fully carried out the “Yilu Jianxing” national health literacy improvement series of actions. By entering industrial parks and enterprises, and through health knowledge popularization, special screenings, and public welfare free clinics, it contributes to achieving health for all. During the period, with its outstanding achievements in sustainable development, Ping An Health was recognized as a “2025 Forbes China ESG Benchmark in Industry Development.”

Li Dou, Chairman and CEO of Ping An Health, said: “Looking ahead, under the guidance of Healthy China 2030, Ping An Health will continue to deepen technological empowerment, consolidate data security, practice social responsibility. We are also committed to advancing the high-quality development of the medical and health industry, simultaneously creating long-term value for users, shareholders, and society.”

Super Seven: BingX Unveils $2.2M Anniversary Campaign With Games and Giveaways

PANAMA CITY, April 24, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, is excited to launch its Super Seven anniversary celebration with a special campaign featuring a total prize pool of $2.2 million. To commemorate this milestone, BingX is unveiling five interactive activities designed to engage both new and existing users through games, trading competitions, and social challenges. Running from April 24 at 00:00 (UTC+8) to May 26 at 18:00 (UTC+8), this month-long celebration promises a full month of fun, rewards, and community spirit.

Super Seven: BingX Unveils $2.2M Anniversary Campaign With Games and Giveaways
Super Seven: BingX Unveils $2.2M Anniversary Campaign With Games and Giveaways

The festivities begin with a daily BTC Token Merge Game, giving users the chance to test their speed and luck for a share of the $1 million prize pool. Additional activities include solo and team trading competitions, together with a dynamic referral contest. Surprise-filled mystery boxes will be delivered on May 20. Each event offers unique ways to earn through trading performance, social engagement, or simply showing up and playing.

Whether you’re a seasoned trader or just getting started, the Super Seven anniversary carnival offers something for everyone. With flexible participation formats and inclusive entry criteria, even first-time users can win—especially by inviting three or more friends to join BingX.

“Our 7th anniversary is not just a celebration — it’s a heartfelt thank you to the incredible community that has grown with us,” said Vivien Lin, Chief Product Officer at BingX. “From day one, our users have been at the heart of everything we do. This year’s campaign is our way of giving back — with fun, rewards, and shared joy. Beyond the festivities, we are also working on a major evolution of our product offerings to empower our users with even more tools, assets, and opportunities. Stay tuned, this is just the beginning of what is to come.”

As BingX continues its journey into the future of digital finance, this anniversary campaign is a reminder of what sets the platform apart — user-first vision, innovative engagement, and a commitment to making trading more rewarding for everyone.

About BingX 

Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.

For more information please visit: https://bingx.com/

TeamT5 Warns of Global Risks Posed by Ivanti Vulnerability

TAIPEI, April 24, 2025 /PRNewswire/ — Asia Pacific threat intelligence leading brand TeamT5 detected that the China-nexus APT group exploited the critical vulnerability in Ivanti Connect Secure VPN appliances to infiltrate multiple entities around the globe. The victims include nearly 20 different industries across 12 countries. TeamT5 believes that the actor still maintained control over the victim’s network at the time of analysis. We urge enterprises and organizations to take a comprehensive investigation.

TeamT5 Warns of Global Risks Posed by Ivanti Vulnerability
TeamT5 Warns of Global Risks Posed by Ivanti Vulnerability

Ivanti High-Risk Vulnerability Exposes Systems to Potential Takeover by Attackers

TeamT5’s analysis assessed with high confidence that the actor was exploiting the vulnerabilities of Ivanti Connect Secure VPN appliances to launch attacks around the globe. The actor possibly exploited CVE-2025-0282 or CVE-2025-22457 to conduct initial access.

Both CVE-2025-0282 and CVE-2025-22457 are stack buffer overflow vulnerabilities in Ivanti Connect Secure VPN with a CVSS score of 9.0. Successful exploitation allows the threat actor to achieve remote code execution, leading to intrusion of the internal network and malware implantation.

In the attack, the actor deployed a shared weapon among Chinese threat groups, SPAWNCHIMERA. SPAWNCHIMERA is developed specifically for Ivanti Connect Secure VPN and has all the functionalities of the notorious SPAWN family, including SPAWNANT (installer), SPAWNMOLE (socks5 tunnler), SPAWNSNAIL (SSH backdoor), and SPAWNSLOTH (log wiper).

Moreover, TeamT5’s analysis suggests that other threat actors might also obtain the vulnerability information and start campaigns targeting Ivanti VPN appliances. We have observed massive exploitation attempts against Ivanti VPN appliances since April. Although most exploitation attempts failed, many Ivanti VPN appliances became paralyzed and unstable. 

Widespread Impact Across Countries and Industries Calls for Urgent System Review

TeamT5 points out that the victim countries include Austria, Australia, France, Spain, Japan, South Korea, Netherlands, Singapore, Taiwan, the United Arab Emirates, the United Kingdom, and the United States. The targeted industries include Automotive, Chemical, Conglomerate, Construction, Information Security, Education, Electronics, Financial Institution, Gambling, Government, Intergovernmental Organizations (IGOs), Information Technology, Law Firm, Manufacturing, Materials, Media, Non-Governmental Organizations (NGOs), Research Institute, and Telecommunication.

TeamT5 strongly recommends that affected organizations conduct a thorough incident investigation. Given the versatile TTPs of the actor, such as multi-layers of C2 infrastructure, evasion of monitor mechanism, and the usage of log wiper, without additional technical support, it would be a challenge to detect the actor’s malicious traces inside the network. 

About TeamT5

TeamT5 consists of top cyber threat analysts. Leveraging our geographic and cultural advantages, we have the best understanding of cyber attackers in Asia Pacific. TeamT5 is frequently invited to share insights at top cybersecurity conferences. Our threat intelligence research expertise and solutions are recognized as the 2023-2024 Company of the Year Award in Taiwanese Threat Intelligence by Frost & Sullivan.

Based on our research in malware & Advanced Persistent Threat (APT), we provide cyber threat intelligence reports and anti-ransomware solutions to clients in the USA and Asia Pacific region. Clients include government agencies, financial business, and high tech enterprises.

Website: https://teamt5.org/en/

BEAUTY&YOU by The Shilla Duty Free Unveils the 1st Monochromatic Art Style “Shilla Fragrance Journey” at Hong Kong International Airport

Embark on a Scent-inspired Journey from Luxe Fragrance Wardrobe and Scent Bar


Capture Delightful Moments in Life4Cuts Photo Booth, Enjoy a Complimentary Gift with Special Discount

HONG KONG SAR – Media OutReach Newswire – 24 April 2025 – BEAUTY&YOU by The Shilla Duty Free Hong Kong, carrying over 200 cosmetic, skincare, perfume and fashion brands, with more than 2,600 fragrances items, is thrilled to unveil the “Shilla Fragrance Journey”, a multi-brand fragrance discovery experience at Hong Kong International Airport for a limited time until June 2, 2025. With the largest assortment of best-selling fragrances across Asia’s airports from luxury brands to niche labels, BEAUTY&YOU cordially invites travelers to embark on a whole new sensorial journey with a selection of captivating fragrances from favored travel destinations to a one-step art-filled enjoyment.

luxe fragrance wardrobe front2

“Shilla Fragrance Journey” Enters Hong Kong International Airport in Monochromatic Art Style
BEAUTY&YOU by The Shilla Duty Free Hong Kong is themed around minimalist aesthetics, incorporating elegant monochromatic art style designs into various 3D installations. This creates a series of fragrance experience zones and interactive areas called the “Shilla Fragrance Journey,” along with exciting shopping offers!

Maiden Appearance of Stunning Art Installations to Kickoff
The “Shilla Fragrance Journey” features multiple fragrance experience zones, interactive activities and shopping privileges, enabling travelers to explore a collection of selected fragrances. At Departures Level 7 East Hall after immigration, the striking “Shilla Fragrance Journey” theme display reflects minimalist aesthetics and greets travelers with coveted photo opportunities.

Located in BEAUTY&YOU East Hall South level 6, The “Luxe Fragrance Wardrobe” and the “Life4Cuts Photo Booth” should never be missed, in which an in-depth fragrance experience is provided for travelers to spot their favorites. Travelers are welcome to capture the joyful moments and gather the unique themed blotters, then collect them in the complimentary “Fragrance Passport”. In the meantime, travelers in East Hall North Level 6 are given the pleasure of receiving fragrance blotters and drawing inspiration from fragrance ambassadors at BEAUTY&YOU East Hall North “Scent Bar” for the next exploration on the fragrance journey.

Enjoy Exclusive Rewards at BEAUTY&YOU
BEAUTY&YOU customers would receive a complimentary gift upon completing an in-depth experience at Cartier, Tom Ford, or L’Artisan Parfumeur brand counters at BEAUTY&YOU East Hall South or East Hall North. During the campaign period, customers can also receive a HK$50 cash coupon, which is valid for transactions with a minimum net spending of HK$500. Additionally, they can enjoy a range of exclusive offers, including discounts of up to 60% off on selected 800 beauty and fashion accessories items, as well as instant discount upon designated spending. Visit BEAUTY&YOU to discover the latest offers.

Hashtag: #ShillaDutyFree

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

About Shilla Duty Free:

Shilla Duty Free is the leading Korean travel retailer and affiliate of Samsung. Offering over 1,300 world-class brands in fashion, jewellery, cosmetics, perfumes, watches, etc, Shilla Duty Free is the first operator running the cosmetics & perfumes category in all 3 major airports in Asia (Incheon, Changi and Hong Kong). It is currently operating 6 stores (BEAUTY&YOU) in Hong Kong International Airport, serving as an ultimate shopping destination in Hong Kong and offering a wide spectrum of beauty and fashion accessories to passengers around the globe.

For more information:
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ChangAn’s “Together for a Smarter World” Theme at Auto Shanghai 2025 Lays Out Three-Pronged Strategy for Smart, Sustainable Mobility Globally

SHANGHAI, April 24, 2025 /PRNewswire/ — ChangAn Automobile (“ChangAn” or “the Company”), an intelligent low-carbon mobility technology company, unveiled its “Together for a Smarter World” theme at Auto Shanghai 2025 on April 23, reviewing progress on its three key initiatives — the Mission of Shangri-La, Dubhe 2.0 Plan, and Vast Ocean Plan — marking a new phase in its efforts in new energy, intelligence, and global expansion.


Mr. Zhu Huarong, Chairman of ChangAn Automobile, commented: “The auto industry is entering the ‘second half of intelligence,’ where success will be defined by leadership in intelligence, globalization, and energy diversification—ChangAn’s three core pillars. As the landscape evolves, we will remain committed to our strategy of steady and bold progress as we transition into an intelligent, low-carbon mobility technology company.”

ChangAn’s Shangri-La Mission for new energy vehicles is progressing rapidly. To meet the needs of various customers in the huge global market, the Company has established the AVATR, DEEPAL, and CHANG-AN electric brands and launched 22 new energy models to date. With over 400 key breakthroughs in the core areas of “three-electrics” technologies—battery, motor, and electric control—breakthroughs include the Golden Shield Battery with 5C fast-charging, reducing recharging time from 30% to 80% in under 10 minutes, and an intelligent power-off system. The New BlueCore 3.0 integrated powertrain introduces innovative range extension technology. Additionally, a dual-motor electric drive system in plug-in hybrids offers seamless switching between hybrid and range extender modes. ChangAn partners with CATL for solid-state battery development and battery recycling, enhancing the new energy ecosystem.

ChangAn’s Dubhe 2.0 Plan for intelligence has formed an R&D team of 5,000. With 100% of the entire product line intelligently connected in 2020, over 20 industry-leading technologies including the Intelligent TS Drive assisted driving system, Intelligent TY Cockpit, and Intelligent TH Chassis, along with technologies such as on-the-spot 3-point turns and pendulum-style autonomous parking, have been unveiled. In 2020, 100% of the entire product line was intelligently connected and more than 20 industry-leading technologies such as Intelligent TS Drive, Intelligent TY Cockpit, and Intelligent TH Chassis featuring technologies such as U-turn on the spot and pendulum parking have been unveiled. Built on the CHANG-AN SDA platform, the CHANG-AN Intelligent TS Drive system features collision avoidance in dark and severe weather, with top-tier night vision. ChangAn has also formed strategic partnerships with leading technology companies, integrating world-class resources to develop new energy brands.

ChangAn’s Vast Ocean Plan has accelerated, with international sales surpassing 536,000 vehicles in 2024, ranking among the top three in the industry. ChangAn has expanded with six subsidiaries in Thailand, Mexico, and Germany, and nine KD factories. The Company’s first international new energy vehicle manufacturing base, ChangAn Auto Thailand Factory, is set to begin production soon. Since the launch of the Vast Ocean Plan in 2023, The Company has held 22 regional brand conferences, entered 11 new markets, and established 750 new channels, bringing its total to over 9,000 locations worldwide.


With its three-pronged strategy in full swing, ChangAn is driving the auto industry into a new era of intelligent, low-carbon mobility with a global vision, advanced technology, and a strong focus on sustainability.

About ChangAn Automobile

ChangAn is an intelligent low-carbon mobility technology company. In April 2025, ChangAn released its 2024 ESG Report—the 17th since 2008. The Company has supported initiatives such as disaster relief in Southeast Asia, the Luban Workshop in Peru, and desertification control in Saudi Arabia. Its commitment to sustainability earned it a place on the “Top 100 ESG-listed Companies in China” for the first time.

Grand Opening of ANA Holiday Inn Tokyo Bay on April 24, 2025

– New Bayside Location Where Guests Can Be Themselves, Lounge to Satisfy Their Intellectual Curiosity –

TOKYO, April 24, 2025 /PRNewswire/ — ANA Holiday Inn Tokyo Bay, located in Shinagawa Ward, Tokyo, celebrates its grand opening on April 24, 2025. The concept of ANA Holiday Inn Tokyo Bay, the latest hotel by Holiday Inn, which is an essential brand of IHG Hotels & Resorts, is a “new travel that lets you be yourself.” The Shinagawa/Tennozu area, where city and sea meet, is easily accessible from both within Japan and overseas, and is a location that suits many travel styles, including Tokyo sightseeing, business trips, and short weekend stays.

ANA Holiday Inn Tokyo Bay Exterior: https://cdn.kyodonewsprwire.jp/prwfile/release/M107856/202504187605/_prw_PI5fl_UFbNXYNU.jpg

With a total of 132 guest rooms, ANA Holiday Inn Tokyo Bay seeks to offer every guest opportunities to relax, focus on work, or simply step away from everyday routine, while also catering to each guest’s “present” so that the guests can spend their time as suits them best. Adding to the warmth and comfort that Holiday Inn is known for, the design of the open lobby creates a modern and pleasant space that ensures an unforgettable experience for all guests. It is somewhere that can flexibly accommodate all guest needs, when dining, relaxing, working, and enjoying themselves. Furthermore, the hotel offers Kids Stay & Eat Free, which lets children under 12 years old stay and eat at no cost, as well as the tranquil Library Lounge, an around-the-clock snack and drink counter, a fitness center, a laundry service, and other facilities to make long-term stays more comfortable, thereby supporting all types of travel.

The guest rooms on the higher floors, from the 23rd through the 27th, offer expansive and open views. Guests will find the Bay View Rooms with a view of the Rainbow Bridge as well as the Canal View Rooms with an atmospheric view of the city highways and waterways extending into the distance. The rooms are calming spaces that harmonize natural colors and soft lighting, featuring spacious beds, functional workspaces and much more, thus combining comfort and practicality. ANA Holiday Inn Tokyo Bay offers a variety of room types to suit all kinds of situations, from solo traveling to family stays.

Guest Room: https://cdn.kyodonewsprwire.jp/prwfile/release/M107856/202504187605/_prw_PI7fl_gTlAQaDq.jpg

The Library Lounge, stimulating guests’ intellectual curiosity

Located on the hotel’s first floor, the Library Lounge features a wide selection of comics and books, manifesting a space that stimulates intellectual playfulness. In particular, the comic corner, an embodiment of Japanese culture, supports three languages: Japanese, English, and Chinese, which makes it an attractive space that is enjoyable for overseas guests too.

The lounge serves a mixed Japanese-Western breakfast buffet in the morning and then functions as a cafe for casual drinks and snacks during the day. All seats also have an electrical outlet and free Wi-Fi, making it an ideal environment for remote work and online meetings. The warm interior and stylish design help the guests forget the bustle of the city and facilitate moments of comfort.

Breakfast Buffet: https://cdn.kyodonewsprwire.jp/prwfile/release/M107856/202504187605/_prw_PI8fl_6570Y0fY.jpg

Banquet rooms that can be used in countless ways

The hotel features five banquet rooms on the 3rd, 28th, and 29th floors. From corporate events to private parties, ANA Holiday Inn Tokyo Bay offers spaces that can meet all needs, including the sophisticated and elegant Golden Palm with a ceiling height of 5.5 m, the Ocean Bloom offering a panoramic view of Tokyo Bay, and the Crystal Cove on the top floor.

Banquet Room Ocean Bloom: https://cdn.kyodonewsprwire.jp/prwfile/release/M107856/202504187605/_prw_PI6fl_MYKxaUZa.jpg

ANA Holiday Inn Tokyo Bay offers a comfortable stay that is unique to the Holiday Inn brand, with heartwarming service that creates experiences and pleasant moments on the bayside that brighten visitors’ travel memories.

About ANA Holiday Inn Tokyo Bay: https://kyodonewsprwire.jp/attach/202504187605-O1-z2I2xxI6.pdf

Address: 2-3-15 Higashishinagawa, Shinagawa Ward, Tokyo

SWS Medical and Hemotek – Partners in Innovations at the 45th Philippine Society of Nephrology Annual Convention

MANILA, Philippines, April 24, 2025 /PRNewswire/ — SWS Medical, a leading Chinese blood purification provider, is excited to participate in the 45th Philippine Society of Nephrology Annual Convention (April 24-26, 2025 Preferred Booth 1), the Philippines’ largest nephrology academic event. In partnership with Hemotek Renal Center, Inc., a subsidiary of Euro-Med Laboratories Phil., Inc. and the country’s fastest-growing hemodialysis chain with 21 centers and over 500 dialysis machines, SWS is committed to advancing kidney health.

From left to right: Dr. Gingerlita Alla Samonte, former PSN Board of Trustees President, Nicole Lee, SWS Medical International Sales Director, Dr. Sonny L. Antonio, Hemotek COO, and colleagues
From left to right: Dr. Gingerlita Alla Samonte, former PSN Board of Trustees President, Nicole Lee, SWS Medical International Sales Director, Dr. Sonny L. Antonio, Hemotek COO, and colleagues

For over two decades, SWS has cemented itself as a key player in dialysis, exporting to over 80 countries and securing 200 patents. In China, it leads domestic brands with a market share of 15.9% in 2024, rising to 27.11% in February 2025.

SWS has experienced impressive growth within ASEAN, installing thousands of machines in key markets including Indonesia, Thailand, Malaysia, and the Philippines. In Indonesia alone, installations have surpassed 1,000 units, solidifying SWS’s position as the leading dialysis supplier in the nation. Furthermore, SWS has trained over 200 engineering and clinical teams, supporting the WHO’s 2030 CKD treatment goals. Dr. Sonny L. Antonio, FPCP, FPSN, COO of Hemotek stated: “We are excited about this partnership with SWS as it expands our services not only to patients receiving hemodialysis but also to healthcare institutions, by providing reliable hemodialysis machines and safe, high-quality, and cost-effective consumables that support optimal treatment outcomes.”

Since 2014, SWS’s 4000 series hemodialysis machines have become popular in the Philippines for their user-friendly interface, reliability, compatibility with various consumables, and customizable therapy profiles.

At the event, SWS will highlight its latest SWS-6000 series dialysis machines, distributed by Hemotek. This advanced machine, China’s best-seller, offers intelligent interaction and real-time monitoring of key parameters like blood pressure, temperature, volume, and urea clearance.

The TWT-EF210 dialysis fluid filter will also be showcased. Using advanced steam sterilization, this filter enhances molecular clearance and biocompatibility with a stable PES membrane and patented design, optimized through A.S.M technology for effective renal therapy.

Based in Chongqing, SWS Medical is a prominent global provider of innovative medical products and services. Its offerings include blood purification devices, disposables, dialysis management system, and a network of dialysis centers. Publicly traded on the China STAR Market (SSE: 688410), its devices hold CE markings and comply with ISO 13485:2016 standards.

swsdialysis.com

LG ANNOUNCES FIRST-QUARTER 2025 FINANCIAL RESULTS

Company Achieves Record-Breaking First-Quarter Revenue
Driven by Balanced Growth in Home Appliance and B2B Sectors

SEOUL, South Korea, April 24, 2025 /PRNewswire/ — LG Electronics Inc. (LG) today announced consolidated revenue of KRW 22.74 trillion and operating profit of KRW 1.26 trillion for the first quarter of 2025. This marks the highest first-quarter revenue in the company’s history and the sixth consecutive year in which operating profit surpassed KRW 1 trillion during the first quarter. Strong performance was driven by qualitative growth across key business areas, especially in B2B, non-hardware segments (such as subscriptions and webOS platform) and direct-to-consumer (D2C) sales.

LG ANNOUNCES FIRST-QUARTER 2025 FINANCIAL RESULTS
LG ANNOUNCES FIRST-QUARTER 2025 FINANCIAL RESULTS

Vehicle solutions and heating, ventilation and air conditioning (HVAC) – both critical to LG’s B2B strategy and future growth – delivered record-breaking quarterly revenue and operating profit. Combined operating profit from the Vehicle Solution Company and Eco Solution Company increased 37.2 percent year-over-year, with revenue climbing 12.3 percent.

The Home Appliance Solution Company, LG’s flagship business and primary profit generator, also recorded its highest-ever quarterly revenue while maintaining global market leadership. The business is rapidly transforming through innovative models such as subscription services and D2C sales. Meanwhile, the media and entertainment segment demonstrated solid performance, led by continued growth in LG’s webOS-based advertising and content platform.

The LG Home Appliance Solution Company reported first-quarter revenue of KRW 6.70 trillion and operating profit of KRW 644.6 billion. Compared to the same period last year, revenue increased by 9.3 percent, setting a new record, and operating profit grew by 9.9 percent. The Company continues to maintain its market leadership while accelerating the growth of its subscription and D2C sales.

Looking to the second quarter, the Company anticipates increased uncertainty due to shifting global trade policies and increasing market competition. To address these challenges, the Company will expand its portfolio of new and volume-zone products, while deepening its focus on subscription and online businesses. Additional priorities include focusing on opportunities in B2B such as built-in appliances and external sales of key components like motors and compressors. Profitability efforts will center on enhancing cost competitiveness through optimizing operational efficiency.

The LG Media Entertainment Solution Company posted first-quarter revenue of KRW 4.95 trillion and operating profit of KRW 4.9 billion. While TV demand remained soft, growth in webOS-based advertising and content services made a greater contribution to performance. Revenue remained in line with the previous year, though profitability was impacted by rising LCD panel prices and higher marketing spend.

In the second quarter, the Company will seek to create synergies across its display-focused businesses, including TVs, commercial displays, and IT products such as laptops and monitors. While the market recovers slowly, the Company will emphasize profitability, particularly through premium products. The expanding webOS-based platform will aim to increase geographic reach and product base while advancing strategic partnerships with content providers to maintain its growth trajectory.

The LG Vehicle Solution Company recorded its highest-ever quarterly revenue and operating profit, with revenue of KRW 2.84 trillion and operating profit of KRW 125.1 billion. Growth continues to be powered by a robust order backlog totaling KRW 100 trillion. Notably, profitability improved in the in-vehicle infotainment business, where premium product share is steadily increasing. In the second quarter, the Company aims to sustain revenue growth and solidify a stable profit structure by expanding high-value product sales, optimizing operations in the EV component business, and enhancing resource efficiency.

The LG Eco Solution Company also achieved record-high quarterly revenue and operating profit. First-quarter revenue reached KRW 3.05 trillion, with operating profit of KRW 406.7 billion, resulting in a strong operating margin of 13.3 percent. Year-over-year, revenue rose 18.0 percent and operating profit grew 21.2 percent. Since the beginning of 2025, LG has operated its HVAC business as an independent division, with noticeable performance gains driven by efficient resource allocation and a B2B-focused organizational structure.

Alongside the Vehicle Solution Company, the Eco Solution Company serves as a core engine of LG’s B2B growth. In the second quarter, the Company will seek to expand sales of new residential HVAC products and secure commercial air conditioning contracts in emerging markets. It also plans to target large-scale industrial and power-generation projects – including AI data centers – by leveraging its ultra-large chiller solutions.