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Hang Lung Teams Up with Green Startup and NGO to Shape Circularity in Hong Kong

The first phase of its holistic resource utilization scheme has diverted nearly 140,000 kg of municipal waste from landfill, avoiding more than 510 tons of carbon emissions and benefiting 14 NGOs

HONG KONG SAR – Media OutReach – 16 August 2023 – Hang Lung Properties (SEHK stock code: 00101) (the “Company” or “Hang Lung”) today announced its partnership with Hong Kong-based green startup Sustainable Office Solutions (SOS) and Crossroads Foundation, a local non-profit serving global needs, to implement a holistic resource utilization scheme for Hang Lung’s Hong Kong Office Rejuvenation Project. The first phase of the collaboration has seen over 3,200 office resources being reused, redistributed, or recycled, successfully diverting nearly 140,000 kg of municipal waste from landfill and avoiding more than 510 tons of carbon emissions—the equivalent of the carbon emissions generated by over 3,000 flights between Hong Kong and Singapore.

Hang Lung Properties teams up with SOS and Crossroads Foundation to divert nearly 140,000 kg of municipal waste from landfill through the first phase of its resource utilization scheme for Hang Lung's Hong Kong Office Rejuvenation Project (From left to right) Mr. Markus Oetiker, Global Distribution Operations Manager of Crossroads Foundation, Ms. Janet Poon, Director – Human Resources & Administration of Hang Lung Properties, and Ms. Pamela Hinton, General Manager of SOS
Hang Lung Properties teams up with SOS and Crossroads Foundation to divert nearly 140,000 kg of municipal waste from landfill through the first phase of its resource utilization scheme for Hang Lung’s Hong Kong Office Rejuvenation Project
(From left to right) Mr. Markus Oetiker, Global Distribution Operations Manager of Crossroads Foundation, Ms. Janet Poon, Director – Human Resources & Administration of Hang Lung Properties, and Ms. Pamela Hinton, General Manager of SOS

Since May 2023, Hang Lung has been undergoing a major rejuvenation project for its Hong Kong offices, which aims to create workplaces that promote wellness, engagement, and a collaborative culture. With sustainability being one of the core values of the Company, thorough reviews were conducted to identify ways in which to minimize the Project’s environmental impacts and promote employee and community wellbeing. Measures implemented as part of the scheme include:

1) Staff Take Home Program: Hang Lung’s Hong Kong employees were encouraged to take home well-maintained office furniture and electronic appliances, including task chairs, pedestals, computer monitors and ovens, for free. The first round of the program was well-received, with close to 90 staff members participating.

2) Donation to NGOs: 182 items of office resources were donated to 14 NGOs in the initial phase of the collaboration, including Crossroads Foundation, Oxfam Hong Kong and Hong Kong PHAB Association, spanning different NGO sectors in Hong Kong. These assets help support the planning and implementation of their community projects.

3) Reuse: Hang Lung is currently using numerous recycled office resources at its swing office, while others are being stored for reuse upon completion of the Project.

4) Upcycle: Resources that cannot be reused, such as wooden desktops, will be processed and transformed into items like office panels for secondary use.

5) Recycle: Other remaining non-reusable resources will be sent to local recyclers for treatment to maximize their circular economy benefits.

Ms. Janet Poon, Director – Human Resources & Administration of Hang Lung Properties, said, “Sustainability is one of our core values, and we are committed to embedding sustainable practices across all our operations and workplaces. We are delighted to see the positive impacts we have achieved in both the environmental and social spheres through our collaboration with SOS and Crossroads Foundation. We have not only optimized the utilization and management of our existing office resources but have also enhanced the wellbeing of our employees and the wider community. We hope this initiative will become a best practice for our industry and help accelerate the transition to a circular economy in Hong Kong.”

Ms. Pamela Hinton, General Manager of Sustainable Office Solutions, said, “We are delighted to have the opportunity to collaborate with Hang Lung on providing a sustainable office resource inventory management solution. This collaboration effectively promotes resource recycling, drives a circular economy, and contributes to the betterment of the community. We look forward to this partnership serving as a catalyst for other businesses to adopt circular economy principles when managing various resources.”

Mr. Markus Oetiker, Global Distribution Operations Manager of Crossroads Foundation, said, “This partnership is a wonderful example of how different parties can come together to positively impact the community. We were so pleased to see the office furniture matched with local NGOs to help refurbish their service centers. It has been such a pleasure to play our part alongside Hang Lung and SOS in redirecting these resources into the hands of those in need.”

Hashtag: #HangLungProperties

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

About Hang Lung Properties

Hang Lung Properties Limited (stock code: 00101) creates compelling spaces that enrich lives. Headquartered in Hong Kong, Hang Lung Properties develops and manages a diversified portfolio of world-class properties in Hong Kong and the nine Mainland cities of Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan and Hangzhou. With its luxury positioning under the “66” brand, the company’s Mainland portfolio has established its leading position as the “Pulse of the City”. Hang Lung Properties is recognized for leading the way in enhanced sustainability initiatives in real estate as it pursues sustainable growth by connecting customers and communities.

At Hang Lung Properties – We Do It Well.

For more information, please visit .

About Sustainable Office Solutions (SOS)

SOS specialises in office inventory management and provides a tailored and streamlined service to support businesses in their transition towards a resource-efficient, circular and sustainable economy. Through sustainable solutions that optimise redistribution, repurposing, recycling and reuse, SOS helps corporations, property managers and developers to maximise the value of their office assets while minimising waste during renovation and relocation, with an overall waste diversion rate of 95%.

For more information, please visit .

About Crossroads Foundation

Crossroads Foundation is a Hong Kong based, non-profit organisation serving global need, staffed entirely by volunteers. Crossroads started in 1995 and believes that, in a broken world that sees too much suffering, they should do all they can to connect people who are in need with those who can provide help. As well as collecting and redistributing donated goods, they offer experiential simulations on issues like refugees, urban poverty and disability, advocate fair trade through their shop, and help companies find non-profit projects to partner on.

For more information, please visit .

Luang Prabang to Host Vietnam Culture and Tourism Week in October

Eight Vietnam Northwestern Provinces, HCM City to Hold First Culture, Tourism Week in Luang Prabang on 25-27 October 2023. (Photo: KPL)

Eight northwestern provinces of Vietnam and Ho Chi Minh City will be organizing a Culture and Tourism Week event in Luang Prabang for the first time, from 25-27 October.

Thai Woman’s TikTok Dance on Japanese Train Sparks Outrage

Thai Woman's Tik Tok Video Sparks Outrage with Inappropriate Dance on Japanese Train
A Thai woman dancing on a train in Japan sparks a cultural debate online. (photo: Khaosod)

A TikTok video of a Thai woman dancing on a train in Japan sparked outrage on social media from both Thai and Japanese netizens, who deemed her behavior insulting and disrespectful.

Popmaxcrypto Unveils Proprietary Token on its New Digital Asset Trading Platform

SINGAPORE – Media OutReach – 16 August 2023 – Recently, the innovative digital asset trading platform, popmaxcrypto, launched its proprietary token officially, promising to offer users a safe and effective trading environment. The platform’s token, referred to as PMC, was formally rolled out on August 10th.

Popmaxcrypto’s trading platform primarily focuses on cryptocurrency as its key trading product, delivering comprehensive digital asset trading services to users. This platform enables users to purchase, sell, exchange, and securely store cryptocurrencies. Compared to conventional financial institutions, popmaxcrypto’s trading platform offers lower transaction fees, higher transaction speeds, and a broader variety of transaction options, thus offering users an optimum trading experience with more choices.

As a new entrant in the exchange market, popmaxcrypto places a premium on safeguarding the security of user assets. The platform utilises superior crypto technology and multiple authentication mechanisms to maximise the protection of users’ assets and transaction data. Additionally, popmaxcrypto cooperates with several reputable digital asset storage institutions to offer more secure asset storage services.

The platform’s proprietary token, PMC, was officially launched on August 10th, granting users greater transaction convenience. PMC tokens serve multiple purposes, including settling transaction fees and participating in platform voting decisions. Moreover, holders of PMC tokens are eligible for additional transaction discounts and platform privileges.

The inauguration of popmaxcrypto’s trading platform will usher in more trade opportunities and an improved trade experience for digital asset investors. Users can embark on their digital asset trading venture by registering for a popmaxcrypto account. The platform is committed to continually enhancing and optimising its services to offer users more value.

Hashtag: #Popmaxcrypto

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

About popmaxcrypto trading platform

The popmaxcrypto trading platform is a pioneering digital asset exchange dedicated to providing users with a secure and efficient trading environment. The platform prioritises cryptocurrency as its cornerstone trading product, providing users with comprehensive digital asset trading services. The platform’s token, PMC, was formally rolled out on August 10th, offering greater transaction convenience and benefits to users. The platform continues striving towards refinement and optimisation of its services, aiming to deliver enhanced value to users.

Acclaimed Digital Entertainment Leadership Forum 2023 Returns to the Spotlight This August

Exploring new developments in Web3 and creating a new future for entertainment

HONG KONG SAR – Media OutReach – 15 August 2023 – The annual Digital Entertainment Leadership Forum (DELF), hosted by Cyberport, will return from August 25, 2023 (Friday) to August 27, 2023 (Sunday).

The Digital Entertainment Leadership Forum 2023 is part of the “Happy Hong Kong” Campaign and an important event to celebrate Cyberport’s 20th Anniversary. There will be activities such as an AR gaming experience, a smart climbing wall and gaming platform, a racing simulator, and a musical instrument app learning workshop. There will be food booths on site, welcoming the public to participate and experience.

The three-day event, themed “Power UP! When Entertainment Goes Beyond 3oundaries”, invites local and overseas industry representatives to share how digital entertainment experiences in arts, education, sports, and life are evolving in the era of Web3. It will also showcase the convenience and opportunities brought by innovative technologies. In addition, Cyberport will invite a group of celebrities and artists to actively engage with and experience the transformative power of new technologies. DELF will also feature multiple innovative technology exhibitions and experiential zones, offering an exhilarating digital journey for industry professionals, esports enthusiasts, and the public alike.

Indulging in the Thrills of Digital Entertainment for Three Days in Four Exciting Zones

The disruptive power of Web3 continues to break the boundaries between entertainment and interactive experiences. During the three-day DELF event, four major digital entertainment experience zones featuring artainment, edutainment, sportainment and LOHAS. Each zone showcases the latest digital technologies and innovative applications, delivering interactive and immersive experiences leveraging Web3 and artificial intelligence in different digitainment contexts. In addition to these enthralling experiences, participants will also have access to a diverse array of keynote speeches, panel sessions, and workshops that address the latest trends and future developments in the digital entertainment industry impacted by the rising tide of Web3.

Exploring Web3’s Impact on Digital Entertainment with Industry Experts

To comprehensively explore the practical applications of Web3 in the virtual world, DELF has assembled a distinguished panel of over 90 experts from internationally and locally renowned technology companies for the main forum, including representatives from HTC, Tencent, Metaverse Corporation, Moxy, Cognitive Systems Lab, CMGE, Brandoville Studios, L.I.M.Design Work, Hong Kong Game Industry Association and Meta Artainment.

The event will delve into areas such as NFTs, Generative AI content, technical creation and streaming, virtual production technology for movies and animation, digitized sports, integration of games and music, and the entire digital ecosystem. The acclaimed panelists will explore ways to transcend current business models and value chains in the digital entertainment industry, and share experiences and insights on the impact and opportunities of digitization.

Mr. Peter Yan, CEO of Cyberport, said, “DELF is the annual flagship activity in the digital industry and Web3 Living Lab will be officially launched during the event. There will be many more diversified activities this year and as part of the ‘Happy Hong Kong’ Campaign, we will provide more exciting and memorable experiences for the participants in this DELF.

With the advancement of Web3, the digital entertainment industry has entered a new era, bringing tremendous potential to the digital entertainment industry. Web3Hub@Cyberport brings together over 180 Web3 enterprises and start-ups worldwide, forming the largest Web3 community in Hong Kong which covers Fintech, Smart Living and Digital Entertainment. We combine digital and entertainment elements to provide wonderful experiences for attendees through the four major digital entertainment zones: the metaverse experience zone, gaming and competitions and innovative technology workshops which embrace the elements of play, learning and usage, creating a happy and fun experience for the participants. We eagerly anticipate that DELF will open the doors for attendees to explore development opportunities in Web3 and the digital entertainment industry.”

Diversified digital entertainment experiences, combined with various gifts and promotions

The experience zones of DELF will take the public’s imagination of Web3 to a new height. Highlights include the spotlight-grabbing “Play to Earn” activities. To participate, attendees can activate their “Play to Earn” platform account before the event. Once on-site, they can venture through the four experience zones to complete specific tasks and challenges and earn points by scanning QR codes at each checkpoint. These points can later be redeemed for a variety of exciting gifts at the gift redemption counter!

This year’s top prizes include 200,000 travelling miles from Divit Miles, Sony PlayStation 5, HTC VIVE XR Elite, and autographed jerseys from renowned football players. In addition, any participant purchasing a DELF admission pass will get a free ticket to the Hong Kong Computer and Communications Festival 2023. Ticket holders of Hong Kong Computer and Communications Festival can redeem a DELF Experience Pass at HK$60 (50% off) by presenting the promotion flyer at the DELF counter.

Enchanting Performances Bringing People Together

To celebrate this annual digital entertainment flagship event, a line-up of celebrities including Kandy Wong Shan Yee, Amy Tam, Ophelia So (O3), Kris Law Kai Chung, kinlung @all for one, Iron Music, BIM Band, and Joyous Band will perform in a magnificent concert during DELF. The HKITDA AI Art Tech Concert will bring a multitude of fantastic and entertaining performances, blending artistry and technology. Join us at Cyberport and experience extraordinary moments together!

Click here to download the high-resolution photos here.

Photo Captions:

Photo 1: The annual digital entertainment signature event, Digital Entertainment Leadership Forum (DELF) 2023 will return to Cyberport from 25 August(Friday) to 27 August(Sunday). Under the theme “Power UP! When Entertainment Goes Beyond 3oundaries”, local and international business representatives will gather and explore how digital entertainment experiences are transforming art, education, sports and everyday life in the Web3 era, while showcasing the conveniences and opportunities of cutting-edge technology. (From left: Ian Chan, Chief Corporate Development Officer; Peter Yan, Chief Executive Officer; Terence Leung, Senior Manager – Digital Entertainment; Eric Chan, Chief Public Mission Officer of Cyberport )

Photo 2: Peter Yan, Chief Executive Officer of Cyberport, presented the Ubivox 3D Scanning Catwalk Show at the briefing.

Photo 3: Peter Yan, Chief Executive Officer of Cyberport, introduced the “Digital Entertainment Leadership Forum 2023” as part of the 20th Anniversary campaign and shared the activities and elements of “Happy Hong Kong” campaign in DELF. The forum aims to enhance public understanding of the practical applications of innovative technologies and other immersive experiences.

Photo 4: Terence Leung, Senior Manager – Digital Entertainment of Cyberport, introduced the highlights of the event and the latest trends and future developments in digital entertainment. He envisions that participants will experience the excitement and joy brought by digital entertainment.

Photo 5-10: Cyberport also invited 6 start-ups to bring their digital entertainment experience and showcase in the media briefing session, including Ubivox, PureHay- Cyberpunk Gallery, HTC Vive VR Printing, Gusto – CALLI CATCAST, ATTA – Dribble Tracker AI coach, and the demonstration of HKDSA – Drone Soccer presented by students at S.K.H. St. Michael’s Primary School.

Hashtag: #Cyberport #DELF

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

About Cyberport

Cyberport is Hong Kong’s digital technology flagship and incubator for entrepreneurship with over 1,900 members including over 800 onsite and close to 1,100 offsite start-ups and technology companies. It is managed by Hong Kong Cyberport Management Company Limited, wholly owned by the Hong Kong SAR Government. With a vision to be the hub for digital technology, thereby creating a new economic driver for Hong Kong, Cyberport is committed to nurturing a vibrant tech ecosystem by cultivating talent, promoting entrepreneurship among youth, supporting start-ups, fostering industry development by promoting strategic collaboration with local and international partners, and integrating new and traditional economies by accelerating digital transformation in public and private sectors.

For more information, please visit

2023 OPPO Inspiration Challenge: OPPO Announces 15 Finalists and the Opening of Voting for the People’s Choice Award

  • 15 innovative proposals exploring the two categories of “Inspiration for People” and “Inspiration for the Planet” qualified for the Global Final Demo Event where they will compete for the top 5 places and the chance to bring their ideas to life with support from OPPO and its partners.
  • The poll for People’s Choice Award will start at 2PM on August 15th (GMT+8). Click here to vote for your favorite proposal in each of the two categories with the chance to win an OPPO Find N2 Flip phone!

SHENZHEN, CHINA – Media OutReach – 15 August 2023 – OPPO today announced the 15 tech start-ups shortlisted for the Global Final Demo Event of the 2023 OPPO Inspiration Challenge following the successful completion of regional demo events in Boston, Shenzhen, and Bangkok earlier this month. The 15 start-ups and their innovations will meet in Singapore in October where they will compete for a spot in the global top 5.

OPPO Inspiration Challenge Global Top 15 Proposals
OPPO Inspiration Challenge Global Top 15 Proposals

The 2023 OPPO Inspiration Challenge received a total of 687 innovative proposals from 66 different countries and regions focusing on the two entry categories of “Inspiration for People” and “Inspiration for the Planet”. Following a thorough evaluation process, the top 15 solutions in each region were selected to take part in three regional demo events in Boston, Shenzhen, and Bangkok.

Industry Experts Inspire Further Innovation

Hosted by OPPO Research Institute in partnership with the Harvard GSAS Entrepreneur Community, the first regional demo event of 2023 OPPO Inspiration Challenge was held at the Harvard Club of Boston on July 27. During the event, 15 selected start-ups from Europe, the United States, and Israel pitched their solutions to the judging panel. Following their pitches, entrants also had the opportunity to engage in in-depth technical discussions with Jason Liao, Head of OPPO Research Institute, and executives from Harvard Business School and investment institutions.

The Award Ceremony of the 2023 OPPO Inspiration Challenge Regional Demo Event in Boston
The Award Ceremony of the 2023 OPPO Inspiration Challenge Regional Demo Event in Boston

On July 31, the second regional demo event took place in Shenzhen in partnership with the China University-Enterprise Collaboration Innovation Alliance (CUEC). OPPO Vice President and President of China Market, Bobee Liu, and the Head of OPPO Health Lab, Leo Zeng, both attended the event, where they were joined by other judges from Qualcomm Ventures, Amazon Web Services, GSMA 5G IN, and Beihang Investment. During the event, attending media and guests also voted for the winners of the “Media Choice” and the “Virtuous Innovation” awards.

The Award Ceremony of the 2023 OPPO Inspiration Challenge Regional Demo Event in Shenzhen
The Award Ceremony of the 2023 OPPO Inspiration Challenge Regional Demo Event in Shenzhen

The last regional demo event took place in Bangkok on August 7. In partnership with one of the APAC region’s most influential universities – Chulalongkorn University – OPPO also invited experts from Amazon Web Services and Deloitte to participate in the judging process. Professor Kaywalee Chatdarong, Vice President of Chulalongkorn University said in her closing remark that “Chulalongkorn University is honored to be OPPO’s regional partner. Together, we envision a future full of possibilities and innovations for our nations and the global society.”

The Award Ceremony of the 2023 OPPO Inspiration Challenge Regional Demo Event in Bangkok
The Award Ceremony of the 2023 OPPO Inspiration Challenge Regional Demo Event in Bangkok

15 Innovative Solutions Shortlisted for Global Final Demo Event

Based on the four criteria of feasibility, innovation and originality, long-term potential, and social value, the professional judging panels from each of the three regional demo events have now selected their top 5 respective proposals to make up the shortlist of 15 entrants that will compete in the global final of 2023 OPPO Inspiration Challenge. Together, these solutions and the start-ups behind them are leveraging the power of digital health, accessible technology, and sustainability to build a better world for all.

For more information about the 15 finalists and join People’s Choice Award to vote for your favorite innovative proposals, please visit https://www.oppo.com/en/proposal/finalists-2023/.

To further facilitate the development of the proposals via internal and external collaboration, OPPO will partner with KPMG to hold the Acceleration Camp prior to the Global Final Demo Event. During the camp, senior executives from OPPO will join technology experts, investors, and industry partners to provide assistance to the top 15 global start-ups. Following this, the top 5 winning solutions will be selected at the Global Final Demo Event. Each winning start-up will be awarded a prize of US$50,000 along with opportunities to help further build their ideas, including productization and commercialization opportunities, strategic partnerships, investment, and exposure at global technology events. Together with its partners, OPPO aims to empower global entrepreneurs and technology professionals to bring innovative solutions to life.

For more details about the Global Final Demo Event and the 2023 OPPO Inspiration Challenge, please visit https://www.oppo.com/en/proposal/.

Hashtag: #OPPO

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

About OPPO

OPPO is a leading global smart device brand. Since the launch of its first mobile phone – “Smiley Face” – in 2008, OPPO has been in relentless pursuit of the perfect synergy of aesthetic satisfaction and innovative technology. Today, OPPO provides a wide range of smart devices spearheaded by the Find X and Reno series. Beyond devices, OPPO also provides its users with ColorOS operating system and internet services such as OPPO Cloud and OPPO+. OPPO has footprints in more than 60 countries and regions, with more than 40,000 employees dedicated to creating a better life for customers around the world.

Chinese Institute in Laos Sees Increase in Applications Despite Overall Low University Enrollment

The Confucius Institute at the National University of Laos holds its entrance exam for the 2023-2024 academic year on 13 August. (Photo: CLs)

The number of candidates applying for the Bachelor’s program in Chinese Language Teaching at the Confucius Institute has nearly tripled in the past two years, from 193 in 2021 to 562 in 2023, even though the overall enrolment numbers at the National University of Laos is now at a four-year low.

Alibaba Pictures’ “Taomai VIP” Membership Surpasses 20 Million Achieving Growth of Over 30% in Four Months

HONG KONG SAR – Media OutReach – 15 August 2023 – Alibaba Pictures Group Limited (Stock code:1060, referred to as the “Company” or “Alibaba Pictures”), which is committed to its dual engine strategy featuring content and technology, has recently achieved a significant breakthrough in its platform ticketing under technology business. “Taomai VIP” (淘麥VIP), established only two years ago, has reached a new record high in membership, surpassing 15 million as of March 31 this year. As of today, the membership of “Taomai VIP” has officially exceeded 20 million, with a growth of over 30% in just over four months.

The technology business is an important part of the Group’s strategy and a driving force in the construction of the Group’s pan-entertainment infrastructure. Currently, the segment mainly comprises platform ticketing, digitalization and other businesses. “Taomai VIP” is the industry’s first joint membership program for “movies + performances” launched by Tao Piao Piao and Damai.

Alibaba Pictures has emerged as the biggest dark horse of the summer box office, accounting for nearly half of the total box office

The significant leap of “Taomai VIP” is attributed both to the strong recovery of the Chinese film and performance market and to the improvement of its platform’s online and community operation capabilities. As of today, according to data from Beacon Professional, the box office of the 2023 summer season (June 1 to August 31) reached RMB17 billion for movies and RMB3.069 billion for performances. The strong recovery of both the film and performance markets has driven the rapid growth of the entertainment consumption market.

It is worth mentioning that Alibaba Pictures’ “content” strength has further enhanced the popularity of the summer box office. As of today, Alibaba Pictures has a significant presence in several top-ranking films, such as “Lost in the Stars” and “No More Bets” in which Alibaba Pictures is involved as primary producer, distributor, and promoter; “Chang An” in which Alibaba Pictures played an important role; “Mission: Impossible – Dead Reckoning Part One” in which Alibaba Pictures participated as an investor. These films have all achieved remarkable box office success, contributing to nearly half of the summer box office revenue and solidifying Alibaba Pictures’ unbeatable industry-leading position.

“Taomai VIP” is continuously enhancing its consumer scenarios and member benefits, aiming to create the ultimate entertainment experience

With the remarkable recovery of the film and performance market, the “Taomai VIP” membership program has undergone constant upgrades to provide users with exceptional ticket-buying experiences, highly anticipated content privileges, and personalized services. This commitment fosters a thriving ecosystem for entertainment consumption.

During the summer of 2023, the “Taomai VIP” membership program introduced numerous exclusive benefits for entertainment consumers, offering a multidimensional and multisensory consumer experience for ticket purchases and entertainment consumption. Since its launch in July 2021, “Taomai VIP” has been dedicated to expanding its range of membership benefits. Currently, it offers a comprehensive suite of privileges and services that cover a wide array of film and performance scenarios. These include buy-one-get-one-free offers for movies and shows, complimentary ticket exchanges and refunds for black diamond movies, electronic and physical movie memorabilia, RMB19.9 qualification vouchers for movies, RMB8 IMAX vouchers, free cinema cards, complimentary performance tickets, priority/premium ticket purchasing for shows, as well as an array of movie and performance-related merchandise.

In addition, with the recovery of the performance market, “Taomai VIP” has become the top choice for ticket purchases in mainland China. “Taomai VIP” has actively collaborated with video platforms, online music platforms, and local lifestyle services to allow members to redeem vouchers and coupons from other platforms using their points.

In the future, the “Taomai VIP” membership program will continue to iterate member benefits. In addition to existing consumption scenarios, it will deepen cooperation with platforms such as Alipay, Youku, and Fliggy. More benefits will be added to the existing membership program, bringing more growth to the industry.

Li Jie, President of Alibaba Pictures, said, “The offline entertainment industry has entered a ‘golden summer’. These high-net-worth ‘Taomai VIP’ members are not only the core consumer group of offline entertainment but also important supporters of the healthy development of China’s entertainment industry. “Taomai VIP” will continue to deepen cooperation with upstream and downstream industry partners, refine the operation of the membership program, and provide members with richer entertainment content and highly anticipated benefits, continuously expand consumption scenarios and add vitality to the offline entertainment market.”

Hashtag: #AlibabaPicture

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

About Alibaba Pictures

Alibaba Pictures is listed on the main board of The Stock Exchange of Hong Kong Limited (stock code: 1060). It is an Internet-driven integrated platform that covers content production, promotion and distribution, IP licensing, cinema ticketing management, and data services for the entertainment industry.

Alibaba Pictures’ company website: