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Aker Horizons ASA: Completed share capital reduction – New nominal value per share registered

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FORNEBU, Norway, Aug. 22, 2025 /PRNewswire/ — On 6 June 2025, an extraordinary general meeting of Aker Horizons ASA (the “Company“) resolved to reduce the Company’s share capital from NOK 690,348,751 to NOK 6,903,487.51 by reducing the nominal value per share from NOK 1 to NOK 0.01. 

The creditor notification period for this share capital reduction expired on 22 July 2025. Today, 22 August 2025, the share capital reduction was registered with the Norwegian Register of Business Enterprises.

As a result, the share capital of the Company is now NOK 6,903,487.51 divided into 690,348,751 shares, each with a nominal value of NOK 0.01.

For further information:

Investor Relations: Jonas Gamre
Mobile: +47 97 11 82 92
E-mail: jonas.gamre@akerhorizons.com 

This information is subject to disclosure requirements pursuant to section 5-12 of the Norwegian Securities Trading Act and the requirements of Oslo Børs’ Continuing Obligations.

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/aker-horizons/r/aker-horizons-asa–completed-share-capital-reduction—new-nominal-value-per-share-registered,c4221943

 

State Grid Xuzhou Power Supply Company: Supporting the Street Vending Economy and Enhancing Community Livelihoods

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XUZHOU, China, Aug. 22, 2025 /PRNewswire/ — The State Grid Xuzhou Power Supply Company is proactively addressing the developmental needs of street vending by implementing targeted power protection measures. These initiatives aim to ensure both the safety and orderliness of street vending operations through professional services. To facilitate this, the company has organized a specialized team to conduct door-to-door visits and inspections of temporary stalls. The focus has been on identifying issues such as aging socket lines and haphazard wiring that could pose significant safety hazards. Notably, in areas with a high concentration of electrical equipment—such as barbecue stalls and iced drink vendors—leakage protection switches have been installed on-site to establish a robust defense against electrical risks from a hardware standpoint. Throughout the inspection process, staff not only promptly addressed identified hazards but also provided tailored professional advice to vendors based on their specific circumstances. This included reminders to keep electrical power strips away from water sources and recommendations for standardizing wiring practices for high-power equipment, effectively mitigating risks at an early stage.

In response to the awareness deficiency exhibited by certain vendors who prioritize business operations over safety, the company has intensified its efforts in safety education and public outreach. Considering the unique characteristics of electricity usage during the summer months, practical knowledge such as “Do not touch electrical appliances with wet hands” and “Disconnect the main switch promptly when closing your stall” has been disseminated among vendors through case studies, interactive Q&A sessions, and other engaging formats. Additionally, an “Electricity Safety Guide” was distributed to assist vendors in systematically mastering essential safe electricity practices while gradually enhancing their awareness of necessary precautions. To ensure efficient service responses, State Grid Xuzhou Power Supply Company has concurrently established a WeChat group dedicated to electricity usage services, facilitating 24-hour online support for merchants’ needs. Whether addressing sudden circuit failures or providing daily electricity consultations, stall owners can swiftly communicate their concerns via the WeChat group. The staff will promptly follow up on these issues, thereby creating a closed-loop service model characterized by early detection of potential hazards and rapid problem resolution. This initiative allows rural street stall owners to experience reliable power services while operating with peace of mind, thus injecting sustained momentum into the robust development of the street stall economy.

Pippit Launches “Agent Mode,” a Smart Engine to Turn any Idea into a Ready-to-Share Video

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LOS ANGELES, Aug. 22, 2025 /PRNewswire/ — Pippit, a smart content creation tool designed for marketers, businesses and creators, today announced the launch of Agent Mode, a new feature that acts as a personal AI production team within its platform. “Agent Mode” is designed to be the smart engine for every creator, brand, and entrepreneur with an idea, removing the traditional barriers between concept and finished video. The new tool generates complete, ready-to-share videos from a single prompt and helps produce high-quality marketing, branded and organic videos.

Courtesy of Pippit
Courtesy of Pippit

Powered by CapCut, Pippit’s Agent Mode introduces a new, streamlined creative workflow. The AI video generation agent creates multiple video variations from structured user inputs, giving creators unprecedented simplicity and control.

The process begins when a user selects “Agent Mode” and uploads reference media. This can include product images, video clips for stylistic inspiration, or documents with additional information to guide the new feature. Users then have the option to include an AI avatar, choosing from a library of pre-made selections or uploading their own custom avatar for a unique, on-brand presence. With the ability to generate content in multiple languages, Agent Mode produces stunning visuals and engaging videos that stand out across digital channels.

The launch of Agent Mode provides tailored solutions for a wide range of users:

  • E-commerce and Dropshippers: Instantly create winning video ads for any product without ever needing to hold it.
  • Creators and Agencies: Automate content pipelines, generating a week’s worth of videos in minutes and instantly scaling ad creative.
  • Casual Creators and AI Enthusiasts: Turn fun ideas into amazing videos with zero editing skills required.

Other notable key features on Pippit

  • Product Showcase: Instantly generate videos that showcase an uploaded product image in use, for example being displayed, held, or styled.
  • AI Design: Generates fully composed posters from a simple moodboard of user-provided ideas and images. This feature provides a powerful tool for creating professional-quality marketing materials, eliminating the need for specialized design skills.
  • Link to Video generation: A smart tool that instantly turns any of your website links into engaging marketing videos.
  • AI Talking Photo: Animates any static image by allowing users to upload a picture and add a script, bringing it to life with speech. This capability transforms a simple photo into an unforgettable, viral-worthy video.

About Pippit
Pippit is a forward-thinking creative technology company dedicated to building the future of content creation. Pippit helps creators, small businesses, marketers, and individuals produce marketing content smarter and faster. By harnessing the power of AI, Pippit aims to remove the barriers to video production, making it accessible to everyone, from individual creators to large-scale agencies

CONTACT: Manasvee Muralikumaar, manasvee.m@bytedance.com

CMC REIT Announces 2025 Interim Results

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Advertorial Desk
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Demand in Core Areas Remains

Garden City’s Operations Continue to Improve

HONG KONG, Aug. 22, 2025 /PRNewswire/ — China Merchants Commercial Real Estate Investment Trust (“CMC REIT” or “the Trust”, HKEX stock code:1503), announced its interim results for the six months ended 30 June 2025.

During the period, the rental income was RMB195.7 million, a decrease of 17.9% when compared to last year. The revenue reached RMB225.0 million, which decreased 15.5% compared to last year. During the period, the distribution per Unit to Unitholders was HK$0.0558 (equivalent to RMB0.0509). Based on the closing unit price of HK$1.23 on 30 June 2025, this represents an annual distribution yield of 9.1%.

As at 30 June 2025, net assets attributable to Unitholders amounted to RMB2,996 million or RMB2.66 per Unit, equivalent to HKD2.92 per Unit (“NAV per Unit”) based on central parity rate as announced by the People’s Bank on 30 June 2025. The closing unit price of HKD1.23 on 30 June 2025 represented a 57.9% discount to the NAV per Unit.

Business Performance
During the period, the aggregate occupancy rate of the entire property portfolio decreased from 90.6% to 84.5%, representing an overall decrease of 6.1 percentage points. Substantial lease terminations in Technology Building 2 and New Times Plaza caused our average occupancy rate for offices to decrease from 89.8% to 81.2%. The occupancy rate of Garden City Shopping Centre continued to rise, increasing by 4.7 percentage points to 98.2%.

While office vacancy rates in Beijing have remained elevated due to persistent oversupply, Onward Science & Trade Center applied the strategy of prioritizing occupancy over rental rates to maintain high occupancy, successfully achieved a rebound in occupancy rates in the second quarter. As the oversupply situation in Shenzhen is more severe, our other Grade-A office, New Times Plaza has seen a decrease in both occupancy and rent rate. The occupancy rate at Garden City continues to climb, though current rental prices have experienced a slight decline.

New Times Plaza
There has been no appreciable improvement in the Shenzhen Grade-A office market. In this challenging environment, New Times Plaza’s passing rent decreased by RMB 5.2/sq.m to RMB 144.6/sq.m. The expiration of a sizable lease in the first half of 2025 then led the occupancy rate to drop from 74.1% at year-end 2024 to 56.4%.

Under the influence of the downturn of the Shenzhen Grade-A office market and a material drop in both occupancy and passing rent, New Times Plaza’s valuation decreased by RMB20 million to RMB1,885 million as of 30 June 2025.

Cyberport Building, Technology Building and Technology Building 2

During the period, the occupancy rate and passing rent of our Grade-B properties in the Net Valley (Technology Building, Technology Building 2, and Cyberport Building) have also weakened, but to a lesser extent.

As a result of several lease expires at Cyberport Building, its occupancy rate decreased by 5 percentage points to 86.3%, while its passing rent decreased to RMB127.0/sq.m. Technology Building’s occupancy rate decreased to 97.4% but its passing rent increased by RMB3.0/sq.m to RMB142.6/sq.m compared to the end of last year. The occupancy rate of Technology Building 2 dropped by 10.3 percentage points to 89.5%, while its passing rent decreased by RMB2.4/sq.m to RMB120.9/sq.m as compared to the end of last year. In terms of valuation, Technology Building’s valuation increased by RMB5 million to RMB947 million due to its higher passing rent. The valuations of Technology Building 2 and Cyberport Building decreased by 1% and 1.9%, respectively.

Onward Science & Trade Cente
Due to the intense competition among Grade-A offices in Beijing, to boost occupancy, Onward Science & Trade Center has been prioritizing occupancy over rental rates. In exchange its occupancy recovered to 92.2%, which was almost the same as at the end of last year. This strategy resulted in a downward adjustment to its passing rent, which fell by 16% to RMB 219.3/sq.m.

As a result of the decrease in market rent in Beijing and the shortening duration of Onward Science & Trade Center’s land lease, the valuation of this property decreased by RMB101 million to RMB2,411 million.

Garden City Shopping Centre
Operations at Garden City Shopping Centre have continued to improve, and its occupancy rate increased by 4.7 percentage points to 98.2%. Various operations performance, such as foot traffic, the number of active loyalty program members, and tenants’ sales, all indicate that the mall has been performing well. However, as it approached full occupancy by leasing out its residual below-average-rent spaces, its average passing rent fell to RMB121.7/sq.m. Competition for retail tenants will be intense in the future, and we will adopt marketing strategies to align with the latest market trends as they evolve. The valuation of Garden City Shopping Centre as of 30 June 2025 was RMB1,465 million, representing a decrease of RMB21 million.

Outlook
Looking ahead to the second half of the year, China’s economy will continue to face challenges arising from a complex and volatile external environment and weak domestic demand. However, with the continuing implementation of industrial policies and the gradual unlocking of consumption potential, the economy is expected to maintain a stable growth trajectory. The prospects of different commercial real estate markets is expected to vary, with core areas supported by industrial development likely to stabilize first. At the policy level, targeted adjustments will continue to be implemented, seeking a balance that delivers stable growth at minimal risk.

Moving forward, the Company will continue to actively seek opportunities to optimize costs, in particular interest expenses. In January this year, the Company completed a refinancing of RMB4.1 billion, reducing the overall financial costs of CMC REIT by 37 basis points to 2.8%. the Company will also seek more high-quality and diversified asset classes for investment in Greater China, including student residences and serviced apartments, which have stronger anticyclical capabilities, to further diversify the asset portfolio and income sources of CMC REIT and achieve long-term sustainable growth in the distribution per unit to Unitholders.

About China Merchants Commercial REIT
China Merchants Commercial REIT is a Hong Kong collective investment scheme constituted as a unit trust and authorised under section 104 of the SFO. China Merchants Commercial REIT was launched by a well-known state-owned enterprise: China Merchants Shekou Industrial Zone Holdings Co., Ltd. (1979.SZ). It was listed on the Main Board of the Hong Kong Stock Exchange in December 2019, marking the first successful listing of a REIT in Hong Kong since 2014. It is also the first REIT to be managed by a state-owned corporation of the People’s Republic of China. China Merchants Commercial REIT is a REIT formed to primarily own and invest in high quality income-generating commercial properties in the PRC (including Hong Kong and Macao but excluding the CML Cities). Its initial focus is: (i) the Greater Bay Area (other than Foshan and Guangzhou, being two of the CML Cities), which is where the initial five Properties are situated; and (ii) Beijing and Shanghai. China Merchants Commercial REIT holds six high-quality properties, with five located in Shekou, Shenzhen, and one located in Beijing. It is managed by the REIT Manager whose key investment objectives are to provide Unitholders with stable distributions, sustainable and long-term distribution growth, and enhancement in the value of China Merchants Commercial REIT’s properties.

For more information about China Merchants Commercial REIT, please visit its corporate website: http://www.cmcreit.com/.

For enquiries, please contact Burson:

Ovina Zhu

Tel: (852) 5933 9083

Email: ovina.zhu@bursonglobal.com

Oren Huang

Tel: (852) 5426 4707

Email: oren.huang@bursonglobal.com

TCLE (01070.HK) Adjusted Profit Attributable to Owners of the Parent Surged by 62.0% YoY in H1 2025

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Mid-to-High-End Strategy Yield Tangible Results with High-Quality Growth in Global Business

Results Highlights

  • Focusing on its strategy of mid-to-high-end positioning and globalisation initiatives, TCL Electronics’ core business achieved quality growth and continuously enhanced its profitability. For the first half of 2025, revenue increased by 20.4% year-on-year to HK$54.78 billion, profit after tax increased by 60.5% year-on-year to HK$1.05 billion, whilst adjusted profit attributable to owners of the parent[1] rose by 62.0% year-on-year to HK$1.06 billion
  • In the first half of 2025, global shipment of TCL TV grew by 7.6% year-on-year to 13.46 million sets, maintaining its position amongst the world’s top two[2] TV brands. The global shipment of TCL Mini LED TV soared by 176.1% year-on-year to 1.37 million sets, firmly securing TCL’s position as the global No.1[3]. The effective implementation of the mid-to-high-end strategy drove the gross profit margin of the large-sized display business improved by 0.5 percentage points to 15.9% year-on-year
  • The internet business ecosystem continued to mature, driving both scale growth and high profitability. In the first half of 2025, internet business revenue increased by 20.3% year-on-year to HK$1.46 billion, with gross profit margin improving by 0.5 percentage points year-on-year to 54.4%
  • Innovative business maintained robust growth, with revenue for the first half of 2025 increasing by 42.4% year-on-year to HK$19.88 billion, among which, revenue and gross profit of photovoltaic business achieved year-on-year increases of 111.3% and 98.5%, reaching HK$11.14 billion and HK$1.07 billion, respectively.

HONG KONG, Aug. 22, 2025 /PRNewswire/ — TCL Electronics Holdings Limited (“TCL Electronics” or the “Company”, 01070.HK) today announced its interim results for the six months ended 30 June 2025. The Company’s core business achieved quality growth, complemented by significant optimisation of product and channel mix, coupled with rapid expansion of innovative business. This resulted in a 20.4% year-on-year increase in overall revenue to HK$54.78 billion and a 16.0% year-on-year increase in gross profit to HK$8.37 billion.

The Company has continued to strengthen its competitive advantages in cost management and operational efficiency. Through proactive digital transformation initiatives and automation and intelligent upgrades, the Company has enhanced its operational efficiency across production, manufacturing, logistics, and warehousing. Combined with sustained implementation of precision marketing strategies, the Company’s overall expense[4] ratio in the first half of 2025 decreased by 1.0 percentage point year-on-year to 11.5%.

Driven by scale advantages and successful mid-to-high-end strategy execution, the Company’s profitability improved significantly. In the first half of 2025, profit after tax increased by 60.5% year-on-year to HK$1.05 billion, whilst adjusted profit attributable to owners of the parent rose by 62.0% year-on-year to HK$1.06 billion.

Notable Trends towards Mid-to-High-End and Large-Screen Products, Quality Growth in Large-Sized Display Business Driven by Optimised Product Portfolio

Leveraging effective enhancement of brand influence, proactive global channel development, and continuous product mix optimisation, the Company’s display business revenue increased by 10.9% year-on-year to HK$33.41 billion in the first half of 2025, with gross profit rising by 11.4% year-on-year to HK$5.20 billion. In particular, large-sized display business generated global revenue of HK$28.35 billion, representing a year-on-year increase of 9.4%. The gross profit margin improved by 0.5 percentage points to 15.9% year-on-year. In the first half of 2025, global shipment of TCL TV grew by 7.6% year-on-year to 13.46 million sets, maintaining its position amongst the world’s top two[5] TV brands. The global shipment of TCL Mini LED TV soared by 176.1% year-on-year to 1.37 million sets, firmly securing TCL’s position as the global No.1[6].

In the PRC market, leveraging its effective mid-to-high-end strategy and benefitting from the PRC’s “trade-in” policy that released strong demand on mid-to-high-end products, the Company achieved steady growth in shipment and continuous product mix optimisation, outperforming the industry average. In the first half of 2025, the shipment of TCL TV in the PRC market increased by 3.5% year-on-year, with the shipment of TCL-branded TV achieving 10.2% year-on-year growth, ranking among the top two[7]  in terms of both retail sales volume and retail sales revenue. Shipment of TCL Mini LED TV surged by 154.2% year-on-year, with its shipment proportion climbing 12.6 percentage points to 21.2%. The continued increase in shipments of mid-to-high-end and large-size products drove the Company’s revenue in the PRC market to grow 4.4% year-on-year to HK$8.72 billion, with gross profit margin improving by 1.7 percentage points year-on-year to 19.4%, further enhancing profitability.

In the international market, the Company has proactively engineered a globalised manufacturing footprint for its TV operations. The Company has established a distributed network of production bases in locations including China, Vietnam, Mexico, Brazil, Poland and Pakistan. Via distributed capacity deployment, the Company has realised dynamic supply chain orchestration and enabled flexible reallocation of production focus, with a total annual capacity exceeding 30 million sets. In the first half of 2025, the shipment of TCL TV in the international market grew by 8.7% year-to-year. Notably, the shipment of TCL Mini LED TV in the international market soared by 196.8% year-on-year, and its shipment proportion expanding by 4.9 percentage points to 7.7%. The significant growth in shipment of mid-to-high-end products drove a year-on-year increase of 11.8% in international market revenue of large-sized display business to HK$19.63 billion, with gross profit margin enhanced by 0.1 percentage points to 14.4%. Leveraging high-impact platforms such as international top-tier sporting events, exhibitions, eSports tournaments, and film collaborations, the Company enhanced its global brand influence continuously. Meanwhile, the Company expanded and deepened key channel coverage, driving TCL TV to maintain a top-three[8] ranking in nearly 20 countries internationally.

In addition, guided by the strategy of “prioritising efficiency, focusing on key markets, and steadily expanding business”, the Company’s small-and-medium-sized display business achieved steady growth by focusing on key markets, deepening its penetration of first-tier network operators in Europe and North America and further consolidating strategic partnerships with core partners. In the first half of 2025, the Company’s small-and-medium-sized display business revenue increased by 21.3% year-on-year to HK$4.56 billion, with gross profit increasing by 2.7% year-on-year to HK$0.63 billion.

User Experience at the Core, Elevating TV AI Interaction, Vigorously Expanding Overseas Market, Powering Sustainable Growth in Internet Business

TCL Electronics remains committed to expanding the global presence of its home internet business, prioritising user needs and continuously enhancing user experience. In the first half of 2025, the Company’s global internet business revenue reached HK$1.46 billion, representing a year-on-year increase of 20.3%. Gross profit increased by 21.5% year-on-year to HK$0.79 billion, while gross profit margin improved by 0.5 percentage points year-on-year to 54.4%, demonstrating strong profitability.

In product innovation, as a pioneer in the OTT field, TCL Electronics completed the significant upgrade of “TCL LINGKONG UI 3.0” during the reporting period, which achieved streamlined desktop optimisation while fully leveraging Mini LED display technology advantages to deliver superior viewing experiences. Simultaneously, UHD services were deployed across TV terminals, featuring an industry-leading volume and duration of content, offering over 30,000 hours of UHD content and providing users with unparalleled immersive audio-visual experiences.

Moreover, TCL Electronics continued strengthening strategic partnerships with internet giants such as Google, Roku and Netflix, driving continuous breakthroughs in overseas business models. The fully upgraded TCL Channel is equipped with a refreshed user interface, significantly improving content distribution efficiency; It has also established dual first-class experiences in FAST and AVOD. In countries such as the U.S., Brazil, France and Spain, the achievement of content localisation has been accompanied by a substantial increase in the share of high-quality content. Furthermore, the average consumption time for in-house content products has seen a twofold increase. As of 30 June 2025, TCL Channel achieved global overseas market coverage with over 39.30 million cumulative users, effectively fuelling sustained growth in international internet business.

Innovative Business Achieves a Significant Leap in Scale, Profitability and Competitiveness of Photovoltaic Business Continuously Enhancing, Continuous Breakthroughs in AI Deployment

While achieving high-quality growth in its core business, the Company has leveraged enhanced global marketing efficiency and brand strength to accelerate its presence in innovative business. In the first half of 2025, TCL Electronics’ innovative business maintained robust growth, with revenue for the first half of 2025 increasing by 42.4% year-on-year to HK$19.88 billion, and gross profit growing by 25.7% year-on-year to HK$2.37 billion.

In the first half of 2025, TCL Electronics enhanced competitive advantages in the market-based power trading, continuously deepened channel cooperation, accelerated the implementation of innovative application scenarios and product innovation iterations, and continuously strengthened operational efficiency to ensure high-quality and healthy business development. During the reporting period, the Company significantly enhanced channel stickiness through mutual empowerment and refined channel operations, deepened cooperation with capital partners capable of engaging in market-based power trading, and co-created green financial solutions with financial institutions to achieve high-quality ecological collaboration development. Meanwhile, the Company continuously explored new scenarios, including zero-carbon parks, photovoltaic storage charging solutions, and high-end villas, adapting to the ever-changing market demands through product and technological innovations. In the first half of 2025, the Company’s photovoltaic business revenue increased by 111.3% year-on-year to HK$11.14 billion, with gross profit rising by 98.5% year-on-year to HK$1.07 billion. As of 30 June 2025, the Company’s photovoltaic business has over 290 cumulative industrial and commercial contracted projects and more than 2,380 cumulative distribution channels, benefitting over 280,000 cumulative contracted rural residents.

The Company achieved ground-breaking breakthroughs in the field of AR/XR smart glasses. In the first half of 2025, RayNeo, a company internally incubated by the Company, launched a series of three blockbuster new products through collaborative IP branding, including the portable lightweight Air 3s Pro XR private cinema glasses, the V3 Slim AI shooting glasses for capturing moments anytime and anywhere, and the X3 Pro AI glasses, a personal information terminal featuring full-colour AR and AI integration. During the 618 Shopping Festival in 2025, RayNeo’s domestic market share in terms of sales volume exceeded 52%, representing a 2.4-fold[9] increase in sales volume year-on-year. RayNeo Smart Glasses secured sales volume championship in the XR category on both JD and Tmall platforms, demonstrating strong consumer recognition. Earlier this year at the International Consumer Electronics Show (CES), the Company unveiled the world’s first modular AI companion robot, the TCL AiMe. Integrating AI, IoT control hub capabilities, and home companion functionalities, this product presents a significant technological breakthrough. The launch of the TCL AiMe marked a pivotal step in the Company’s advancement within the AI + IoT + robotics domain, while underscoring its leadership in the integration and application of AI and IoT technologies.

Outlook: Pursue “Mid-to-High-End + Globalisation” Strategy, Drive High-Quality Growth Through Technological Innovation

Looking ahead, the Company will adhere to its business philosophy of “Strategy Guidance, Innovation Drive, Advanced Manufacturing and Global Operation”. It will continue to deepen its dual-drive strategy of “Mid-to-High-End + Globalisation”, enhance TCL’s global brand momentum, and increase R&D investment to solidify its strategic high ground in the mid-to-high-end market. At the same time, the Company will further optimise its global supply chain, logistics, and service systems, while vigorously promoting digital transformation to improve operational efficiency. Committed to the long-term operational goal of “net profit growth rate> gross profit growth rate > revenue growth rate > sales volume growth rate”, the Company is unwavering in its pursuit of a high-quality development trajectory, dedicated to creating value for customers, building a platform for employees, delivering returns for shareholders, and fulfilling social responsibilities, as it forges ahead relentlessly toward its vision of becoming a world-leading smart device enterprise.

About TCL Electronics

TCL Electronics Holdings Limited (01070.HK, incorporated in the Cayman Islands with limited liability) was listed on the mainboard of the Hong Kong Stock Exchange in November 1999. It is engaged in display business, innovative business and internet business. TCL Electronics actively transforms and innovates under the business philosophy of “Strategy Guidance, Innovation Drive, Advancing Manufacturing and Global Operation”. Focusing on the mid-to-high-end markets around the world, the Company strives to consolidate the “Intelligent IoT Ecosystem” strategy and is committed to providing users with an all-scenario smart and healthy life while developing into a world-leading smart technology company. TCL Electronics is part of the Shenzhen-Hong Kong Stock Connect programme and is included in the Hang Seng Stock Connect Hong Kong Index, the Hang Seng Composite MidCap & SmallCap Index and the Hang Seng Corporate Sustainability Benchmark Index. Besides, it has received Hang Seng Index’s ESG rating of A for consecutive years since 2018.

For more information, please visit the investor relations web page of TCL Electronics at http://electronics.tcl.com or follow the Official Account of TCL Electronics investor relations.

[1] Adjusted profit attributable to owners of the parent as profit attributable to owners of the parent is defined after adding back the following adjustments: (i) (gain)/loss from investment companies, net; (ii) (gain)/loss on disposal and liquidation of subsidiaries, net; (iii) (gain)/loss related to call options and put options, net; (iv) (gain)/loss on disposal of non-current assets, net; and (v) related income tax effect.

[2] Source: Global brand TV shipment in the first half of 2025 from Omdia.

[3] Source: Global brand Mini LED TV shipment in the first half of 2025 from Omdia.

[4] Overall expenses include selling and distribution expenses and administrative expenses.

[5] Source: Global brand TV shipment in the first half of 2025 from Omdia.

[6] Source: Global brand Mini LED TV shipment in the first half of 2025 from Omdia.

[7] Source: Retail sales volume of TCL-branded and Falcon- branded TV in the first half of 2025 in the PRC market from CMM’s omni-channel data.

[8] Source: Internal report of the Company，based on TV retail sales volume in the first half of 2025.

[9] Source: JD Business Intelligence, Tmall Business Advisor, RUNTO, and CINNO Research, data from 14 May 2025 to 18 June 2025.

 

IHG Hotels & Resorts debuts the first voco resort in Quang Tri Province (formerly Quang Binh), Vietnam

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Advertorial Desk
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DONG HOI, Vietnam, Aug. 22, 2025 /PRNewswire/ — IHG Hotels & Resorts opens voco Quang Binh Resort By IHG, the first international resort in Quang Binh (now part of Quang Tri province). The all-suite-and-villa resort also marks the second voco hotels property to open in Vietnam, alongside voco Ma Belle Danang – By IHG which opened in 2023.

Each voco property is characterised by its individual charm, which provides guests with something unique while creating an inviting and unstuffy atmosphere for guests to truly unwind and feel at ease. Infused with charming personal touches and subtle Vietnamese influences, voco Quang Binh Resort By IHG is a great gateway to explore the province of Quang Binh.

“We are thrilled to extend a warm welcome to all our guests and introduce distinctive touches that celebrate the natural beauty of Quang Binh while allowing them to unwind in a distinctive and comfortable stay,” said Clay Clayton, Cluster General Manager. “Centered around the brand hallmarks “Come on in’, ‘Me Time’ and ‘voco life’, we aim to deliver delightful and uplifting experiences through our local community and sharing the wonders of this destination with travelers from around the world.”

Located in Dong Hoi, voco Quang Binh Resort By IHG offers 68 suites and beachfront villas providing a tranquil and personal atmosphere with direct access to Bao Ninh beach. Its design focuses on creating a warm and inviting atmosphere. The distinctive interior offers a subtle nod to Indochine aesthetics with rich colours, intricate patterns and local craftmanship, paired with artworks exclusive to voco hotels. The spacious layout of its suites and villas – between 43sqm and 300sqm, invites natural light to flood in, creating a rustic and calming atmosphere perfect for relaxation. 

Upon check in, guests will be greeted with refreshing drink and a delicate sweet treat – a simple yet thoughtful gesture that perfectly embodies voco’s signature “Come on in” spirit.

Prioritizing each guest’s physical and mental well-being, voco Quang Binh Resort By IHG introduces Yen Spa & Wellness, the resort’s spa for guests to restore balance through personalized treatments. Featuring tranquil spa treatment rooms, a Yin Yang foot spa, a rejuvenating hydrotherapy pool, sauna rooms and salon, Yen Spa is a comprehensive wellness and spa center. In addition, guests can enjoy relaxing moments at the indoor and outdoor pool, set amidst a tranquil and nature-inspired setting.

For dining, guests have the option to dine at Flamingo Restaurant, an all-day dining concept that serves up local signatures such as banh canh, Quang noodles, Hue beef noodle soup as well as favorite international dishes, or sip on refreshing cocktails at Oasis Pool Bar while watching the spectacular Vietnamese sunset.

As a place where forests, the sea, and an extensive cave system, Quang Binh has long been a captivating destination for nature lovers and those seeking unique travel experiences. Ideally located, voco Quang Binh Resort By IHG is not only a refreshing and contemporary retreat, but also a great gateway for an emotional journey through the magnificent beauty of “the Kingdom of Caves”. From here, guests can easily explore Son Doong Cave which is the largest cave in the world and home to towering stalagmites, underground rivers, jungle with wildlife and a 116-kilometre-long coastline with picturesque beaches such as Nhat Le and Da Nhay. Guests can also look to visit the Phong Nha – Ke Bang National Park, kayak on Mooc spring, experience Vietnam’s longest zipline, mud bathing at Chay river or visit the spiritual cultural site of Lieu Hanh Mother Temple.

For more on voco Quang Binh Resort By IHG, visit the hotel’s website or follow on Instagram, Facebook and LinkedIn.

Antengene Announces 2025 Interim Financial Results Highlighting Encouraging Data from Mid/Late-Stage Clinical Programs and Its Innovative TCE Technology Platform

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  • The Phase I/II CLINCH study of ATG-022 (CLDN18.2 antibody-drug conjugate) demonstrated promising results, showing robust clinical efficacy and a favorable safety profile in patients with gastric/gastroesophageal junction adenocarcinoma across high, low, and ultra-low CLDN18.2 expression levels. Supported by these results, ATG-022 was granted a Breakthrough Therapy designation by the Center for Drug Evaluation (CDE) of China’s National Medical Products Administration (NMPA).
  • The Phase I/II STAMINA study of ATG-037 (Oral CD73 small molecule inhibitor) is progressing smoothly. The latest data show particularly encouraging efficacy in the CPI-resistant melanoma subgroup, with an objective response rate (ORR) of 36.4%, a disease control rate (DCR) of 100%, including 1 CR and 3 partial responses (PRs). In the CPI-resistant non-small cell lung cancer (NSCLC) subgroup, the ORR was 21.4%, the DCR was 71.4%, including 3 PRs.
  • Expanding its pipeline’s therapeutic area to autoimmune diseases, Antengene released the preclinical data of ATG-201, a CD19 x CD3 TCE with steric hindrance masking technology. In non-human primate (NHP) models, repeated dosing of ATG-201 surrogate at 1mpk, 3mpk, and 6mpk was well tolerated and associated with very low cytokine release. ATG-201 is expected to enter clinical development in Q4 2025.
  • In the first half of 2025, XPOVIO® generated a revenue of RMB 53.2 million, which rose sharply by 70.6% period-over-period. In addition to the rapid revenue growth, the company’s operational efficiency continued to improve, with sales and administrative expenses declining by 34.0% and 32.8% year-over-year, respectively.

SHANGHAI and HONG KONG, Aug. 22, 2025 /PRNewswire/ — Antengene Corporation Limited (“Antengene”, SEHK: 6996.HK) today announced its interim results for the period ending June 30, 2025, along with an update highlighting some of its recent achievements.

Dr. Jay Mei, Antengene’s Founder, Chairman, and CEO, said, “In the first half of 2025, Antengene delivered a series of milestone achievements. Our core mid/late-stage clinical asset, ATG-022, was granted a Breakthrough Therapy designation by the NMPA based on its outstanding clinical data that demonstrated efficacy across all CLDN18.2 expression levels. This underscores ATG-022’s distinctive characteristics as a potential backbone therapy for the treatment of gastric cancer. Moreover, ATG-037 has also exhibited compelling best-in-class potential in clinical studies, with encouraging efficacy data in patients with CPI-resistant melanoma and NSCLC. During the reporting period, we disclosed the preclinical data of ATG-201 (CD19 x CD3 TCE with masking via steric hindrance) in NHP models. ATG-201 is being developed for the treatment of autoimmune diseases and is expected to enter clinical development in Q4 2025. On the commercialization and operational front, XPOVIO® delivered a robust 70.6% period-over-period revenue growth, while sales and administrative expenses declined significantly year-over-year, validating the effectiveness of our two-pronged strategy that centers around innovation and operational efficiency. Looking ahead, we will strive to accelerate the development and commercialization of our key assets, in efforts to deliver breakthrough therapies to patients worldwide and generate sustainable long-term value for our investors.”

【Business Updates】

1. Key Clinical Assets

ATG-022 (CLDN18.2 Antibody-Drug Conjugate)

  • Updated Data from the Ongoing Phase I/II CLINCH Study: ATG-022 demonstrated significant clinical efficacy and a favorable safety profile in patients with gastric/gastro-esophageal junction adenocarcinoma across high, low, and ultra-low CLDN18.2 expression levels. In patients with moderate-to-high CLDN18.2 expression (IHC 2+ > 20%), the 2.4 mg/kg dose cohort achieved an objective response rate (ORR) of 40% (12/30), including 1 complete response (CR), with a disease control rate (DCR) of 90% (27/30), a median progression-free survival (mPFS) of 6.97 months, a 6-month PFS rate of 51.1%, a 9-month overall survival (OS) rate of 82.7%, and a 12-month OS rate of 66.2%. The 1.8 mg/kg dose cohort achieved an ORR of 40% (10/25), including 1 CR, and a DCR of 84% (21/25). Low and ultra-low CLDN18.2 expressors (IHC 2+ ≤ 20%) who were treated at the efficacious dose range of 1.8-2.4 mg/kg achieved an ORR of 33.3% (6/18), including 1 CR, and a DCR of 50% (9/18). To date, three patients in the study have achieved CR during treatment, with one case of CR observed in each of the three cohorts (i.e., both dose levels in the CLDN18.2 moderate-to-high expressor cohorts and the CLDN18.2 low and ultra-low expressor cohort).
  • Breakthrough Therapy Designation: ATG-022 was granted a Breakthrough Therapy designation by the Center for Drug Evaluation (CDE) of China’s National Medical Products Administration (NMPA) for the treatment of patients with CLDN18.2-positive, HER2-negative unresectable or metastatic gastric or gastroesophageal junction adenocarcinoma who have received at least two prior lines of therapy.
  • Advancing Clinical Development in Gastric Cancer Across First- to Third-Line Settings: Antengene is currently conducting a Phase II dose-expansion study of ATG-022 in the Mainland of China and Australia. The company will continue to advance the clinical development of ATG-022 in gastric cancer in first- to third-line settings, including first-line treatment with ATG-022 in combination with pembrolizumab and chemotherapy (CAPOX/FOLFOX); second-line treatment with ATG-022 in combination with pembrolizumab; and third-line treatment with ATG-022 monotherapy. This strategy covers patients with a wide spectrum of CLDN18.2 expression levels, including moderate-to-high expressors (2+ >20%) and low and ultra-low expressors (2+ ≤20%). In addition, the ongoing clinical study includes a basket trial cohort including multiple tumor types. In preliminary data from patients with a certain subtype of gynecologic tumor, all 7 evaluable patients achieved tumor shrinkage, indicating significant clinical potential of ATG-022 in other CLDN18.2-positive tumors. Currently, this cohort continues to enroll patients.

ATG-037 (Oral CD73 Small Molecule Inhibitor)

  • Updated Data from the Ongoing Phase I/II STAMINA Study: Following the initiation of a global clinical collaboration with MSD, Antengene is evaluating ATG-037 in combination with the anti-PD-1 therapy KEYTRUDA® (pembrolizumab) in patients with checkpoint inhibitor (CPI)-resistant melanoma and non-small cell lung cancer (NSCLC). As of July 24, 2025, data from 25 evaluable patients (11 with melanoma and 14 with NSCLC) showed an ORR of 28% (7/25) and a DCR of 84% (21/25). The melanoma subgroup with majority of patients with double resistance to both anti-PD-1 and anti-CTLA-4 antibodies demonstrated particularly notable efficacy, with an ORR of 36.4%, a DCR of 100%, including 1 CR and 3 partial responses (PRs). In the NSCLC subgroup, the ORR was 21.4%, the DCR was 71.4%, including 3 PRs. It is worth noting that the responses demonstrated impressive durability, with 1 patient in CR demonstrated durable response and has been on the trial for over 32 months, 2 patients with durable PR and has been on the trial for over 15 months, and 1 patient with stable disease (SD) has been on the trial for over 28 months. These data highlight the durable antitumor activity of this combination regimen in CPI-resistant patients. The Phase II STAMINA dose optimization and dose expansion study is currently progressing smoothly in China and Australia.

ATG-031 (CD24-targeting macrophage activator)

  • Ongoing PERFORM study: ATG-031 is the first-in-class humanized anti-CD24 monoclonal antibody that has entered clinical trials for cancer treatment in the U.S. ATG-031 works by blocking the CD24-Siglec10 pathway and enhancing macrophage-mediated phagocytosis of cancer cells. Key study sites of ATG-031 include MD Anderson Cancer Center at the University of Texas, University of California, San Francisco (UCSF), University of Colorado, and Yale Cancer Center, four renowned cancer centers in the U.S. The Phase I PERFORM study is progressing in the U.S.

2. The TCE Platform and Preclinical/Pre-IND Assets

  • A TCE Platform Featuring Steric Hindrance Masking: AnTenGager™ TCE is a proprietary “2+1” TCE technology platform featuring “2+1” bivalent binding for low-expressing targets, steric hindrance masking, and proprietary CD3 sequences with fast on/off kinetics to minimize cytokine release syndrome (CRS) and enhance efficacy. These characteristics support the platform’s broad applicability across autoimmune diseases, solid tumors and hematological malignancies indications. Antengene is seeking a range of collaborations with its global partners for AnTenGager™ TCE, through platform access, co-development, and out-licensing to accelerate the development of TCE therapeutics and maximize the value of the technology platform.
  • ATG-201 (CD19 x CD3 TCE): ATG-201 is a novel “2+1” CD19-targeted T-cell engager developed on the AnTenGagerTM TCE platform for the treatment of autoimmune diseases. Preclinical data showed that in NHP models, the repeated dosing of ATG-201 surrogate at 1mpk, 3mpk, and 6mpk dose levels was well tolerated and associated with very low cytokine release. Furthermore, this surrogate antibody can mediate complete B cell depletion in peripheral blood, spleen and lymph nodes. ATG-201 is poised to enter clinical development in the second half of 2025.
  • Antengene will continue to advance the development of other preclinical programs, including ATG-106 (CDH6 x CD3 TCE) for the treatment of ovarian cancer and kidney cancer, ATG-110 (LY6G6D x CD3 TCE) for the treatment of microsatellite stable (MSS) colorectal cancer, and ATG-112 (ALPPL2 x CD3 TCE) for the treatment of gynecologic tumors and lung cancer.

3. Commercialized Product

  • Mainland of China: In July 2025, XPOVIO® received approval for its third indication in the Mainland of China, bringing a new treatment option to patients with multiple myeloma (MM) who have received at least one prior therapy. Among the three approved indications of XPOVIO®, two have already been included in China’s National Reimbursement Drug List (NRDL), including XPOVIO® monotherapy for the treatment of relapsed/refractory diffuse large B-cell lymphoma (R/R DLBCL) and XPOVIO® in combination with dexamethasone for the treatment of R/R MM.
  • Taiwan Market: In February 2025, XPOVIO® received national reimbursement approval in Taiwan market, making it the fifth APAC market to secure reimbursement coverage after mainland of China, South Korea, Australia, and Singapore.
  • ASEAN Markets: In March 2025, XPOVIO® was approved in Indonesia. To date, XPOVIO® has been approved for multiple indications in ten countries and regions across the APAC region.

【Highlights of Financial Results】

1. Revenue From Product Sales Rose Sharply by 70.6% Period-over-Period

With the steady expansion of its commercial footprint across the Asia-Pacific markets, XPOVIO® generated a sales revenue of RMB 53.2 million in the first half of 2025, which rose sharply by 70.6% period-over-period. Along with the rapid revenue growth, the company’s operational efficiency continued to improve, with sales and administrative expenses declining by 34.0% and 32.8% year-over-year, respectively, demonstrating excellent cost control.

2. Strong Cash Reserves Securing the Execution of Long-Term Strategies

As of the end of the reporting period, the company held RMB 794 million in cash and bank balances, which is sufficient to support existing key programs to the proof-of-clinical-concept stage, securing the execution of the company’s long-term strategies.

To learn more about the 2025 interim financial results, please see the full announcement in the “Investor Relations” section on the company’s website.

About Antengene

Antengene Corporation Limited (“Antengene”, SEHK: 6996.HK) is a global, R&D-driven, commercial-stage biotech company focused on developing first-in-class/best-in-class therapeutics for diseases with significant unmet medical needs. Its pipeline spans from preclinical to commercial stages and includes several in-house discovered programs, including ATG-022 (CLDN18.2 ADC), ATG-037 (oral CD73 inhibitor), ATG-101 (PD-L1 × 4-1BB bispecific antibody), ATG-031 (CD24-targeting macrophage activator), and ATG-042 (oral PRMT5-MTA inhibitor).

Antengene has also developed AnTenGager™, a proprietary T cell engager 2.0 platform featuring “2+1” bivalent binding for low-expressing targets, steric hindrance masking, and proprietary CD3 sequences with fast on/off kinetics to minimize cytokine release syndrome (CRS) and enhance efficacy. These characteristics support the platform’s broad applicability across autoimmune diseases, solid tumors and hematological malignancies indications.

To date, Antengene has obtained 31 investigational new drug (IND) approvals in the U.S. and Asia, and submitted new drug applications (NDAs) in 11 Asia Pacific markets. Its lead commercial asset, XPOVIO® (selinexor), is approved in the Mainland of China, Taiwan China, Hong Kong China, Macau China, South Korea, Singapore, Malaysia, Thailand, Indonesia and Australia.

Forward-looking statements

The forward-looking statements made in this article relate only to the events or information as of the date on which the statements are made in this article. Except as required by law, we undertake no obligation to update or revise publicly any forward-looking statements, whether as a result of new information, future events or otherwise, after the date on which the statements are made or to reflect the occurrence of unanticipated events. You should read this article completely and with the understanding that our actual future results or performance may be materially different from what we expect. In this article, statements of, or references to, our intentions or those of any of our Directors or our Company are made as of the date of this article. Any of these intentions may alter in light of future development. For a further discussion of these and other factors that could cause future results to differ materially from any forward-looking statement, please see the other risks and uncertainties described in the Company’s Annual Report for the year ended December 31, 2024, and the documents subsequently submitted to the Hong Kong Stock Exchange.

For more information, please contact:

Investor Contacts: 
Donald Lung
E-mail: Donald.Lung@antengene.com 
Mobile: +86 18420672158

PR Contacts:
Peter Qian
E-mail: Peter.Qian@antengene.com
Mobile: +86 13062747000

GS1 HK’s Food Safety Forum 2025 Concludes Successfully Industry Accelerates Digital Transformation Towards a Greener Future

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Advertorial Desk
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HONG KONG, Aug. 22, 2025 /PRNewswire/ — Organised by GS1 Hong Kong, the 11th Food Safety Forum concluded successfully today, bringing together around 300 professionals from the food and beverage sector (F&B) to discuss the pressing issues about “Digitalisation for Food Safety in the Green Era”. Ms. Irene Young, Permanent Secretary for Environment and Ecology (Food) of the HKSAR Government, kick-started the event as the Guest of Honour. Mr. Anthony Li, Deputy Secretary for Environment and Ecology (Food) of the HKSAR Government, Hon. Peter Shiu, Legislative Councilor (Wholesale and Retail) and Dr. Christine Wong, Controller of Centre for Food Safety of the HKSAR Government were also on-site as Award Presenters to give out a total of 36 commendations to 28 outstanding companies under the “Quality Food Scheme”.

(From left to right) Ms. Anna Lin, Chief Executive of GS1 HK; Ms. Irene Young, Permanent Secretary for Environment and Ecology (Food) of the HKSAR Government; Ms. Betty Leung, GS1 HK Board Member and Vice-Chairlady of GS1 HK’s Food & Beverage Industry Advisory Board; Dr. Christine Wong, Controller of Centre for Food Safety of the HKSAR Government; and Mr. Norman Yum, Managing Director, Citrus Growers International, AS Watson Industries, officiated the opening of GS1 HK’s Food Safety Forum 2025.
(From left to right) Ms. Anna Lin, Chief Executive of GS1 HK; Ms. Irene Young, Permanent Secretary for Environment and Ecology (Food) of the HKSAR Government; Ms. Betty Leung, GS1 HK Board Member and Vice-Chairlady of GS1 HK’s Food & Beverage Industry Advisory Board; Dr. Christine Wong, Controller of Centre for Food Safety of the HKSAR Government; and Mr. Norman Yum, Managing Director, Citrus Growers International, AS Watson Industries, officiated the opening of GS1 HK’s Food Safety Forum 2025.

Sustainable Development in the F&B Industry

A joint survey released last year by GS1 HK and KPMG China revealed that 89% of consumers prefer brands with clear sustainability commitments. Among them, 65% are willing to pay a premium for sustainable products[1], underscoring the growing demand for low-carbon and environmentally friendly goods.

The guest of honour of the event, Ms. Irene Young, remarked in her opening speech, “Hong Kong’s rigorous food safety system, extensive international trade network, and privileged access to the mainland market under the CEPA framework, have endowed our city with outstanding potential to serve as the region’s leading food trade centre. Barcode technology, which is integral to the food supply chain, will take on an even more important role as a result. I hope the industry will seize the opportunities and work together to expand markets for Hong Kong’s safe, high-quality foods, and share the ‘good stories of Hong Kong‘ through our good food.”

“Green & Digital Transformation” Reinvents the Future of Food Safety

Ms. Betty Leung, GS1 HK Board Member and Vice-Chairlady of GS1 HK’s Food & Beverage Industry Advisory Board, highlighted that “go green” and “go digital” are the key for the industry to address global climate challenges, supply chain restructure, and evolving consumer trends. “By using technologies like big data, IoT and artificial intelligence, we can reduce carbon emissions at the source, promote circular economy, and provide credible ‘green claims’ for products. This helps our industry to shift from reactive food safety management to proactive, preventive smart approaches, ushering in a new era of innovation.”

She added that product digitisation is vital to enhance consumer experience, support food safety, increase transparency, traceability, and promote sustainable development. The adoption of QR Code with GS1 standards enables comprehensive tracking of products’ life cycle – from sourcing of raw materials, through production and logistics, to sales, recycling and final disposal. By embedding QR codes with batch numbers and expiry dates on packaging, retailers can ensure product freshness at checkout, preventing the sale of expired goods for strengthened food safety, reduced waste, and supporting effective recall management. These measures form the foundation of a “farm to table” traceability system, reinforcing consumer confidence.

Best Practices: “Quality Food Scheme” Driving Industry Progress

Senior executives from Café de Coral Group, DCH International Holdings, Lee Kum Kee International Holdings, Loscam (Greater China) Holdings, Maxim’s Caterers, Million Group HK, Nestlé Hong Kong and Sun Generation shared their insights at the Forum, exploring how global standards and emerging technologies such as data analytics and artificial intelligence are driving food safety, transparency of product information, sustainable operations, and circular economy initiatives.

The “Quality Food Scheme ESG” launched last year recognised 18 companies in 2025. They are assessed mainly in accordance with GS1 Global Traceability Standard (GTS), MSCI ESG Indexes[2] and United Nations’ Sustainable Development Goals (UN SDGs)[3] etc., encouraging businesses to put ESG into practices while upholding food safety and traceability. In addition, another 18 companies are honored under the “Quality Food Scheme” and “Quality Food Scheme+.” Please refer to appendix for the awardee list, and visit www.gs1hk.org/zh-hk/quality-food-scheme for details of Schemes.

Ms. Anna Lin, Chief Executive of GS1 HK, noted, “Despite today’s challenges in the F&B industry, many companies continue to champion food safety and sustainable development — demonstrated by their active participation in our ‘Quality Food Scheme’. GS1 HK will continue to bring together the industry, government, consumers and other ecosystem stakeholders, driving industry innovation and knowledge sharing that raise local food safety standards for a sustainable future.”

Photos download: Photo_for media

Remarks:

[1]《Navigating the future of seamless commerce in Asia Pacific》, Oct 2024, GS1 HK & KPMG China: https://www.gs1hk.org/sites/default/files/publications/FINAL_navigating-the-future-of-seamless-commerce-in-asia-pacific.pdf

[2] MSCI ESG Index: https://bit.ly/47vsvfd

[3] United Nation’s Sustainable Development Goals: https://edu.unicef.org.hk/zh-HK/global-goal

Appendix

Recognised Companies of “Quality Food Scheme Plus” 2025 (in alphabetical order):

Diamond Enterprise

  • Café de Coral Holdings Ltd.
  • DCH Logistics (Hong Kong) Ltd.
  • DKSH Hong Kong Ltd.
  • FrieslandCampina (HK) Ltd.
  • Integrated Market Services Asia Ltd.
  • International Gourmet Foods Ltd.
  • KLN Logistics (Hong Kong) Ltd.
  • Maxim’s Caterers Ltd.
  • Sims Trading Co. Ltd.
  • Swire Coca-Cola HK
  • Tai Hing Catering Group
  • Tong Shun Hing Poultry (HK) Co. Ltd.
  • Tsit Wing Coffee Co., Ltd.
  • Vitasoy International Holdings Ltd.
  • Watsons Water

Recognised Companies of “Quality Food Scheme” 2025 (in alphabetical order):

Gold Enterprise

  • AEON Stores (HK) Co. Ltd.
  • Aquaculture Technologies Asia Ltd. – Lau Fau Shan Indoor RAS Fish Farm
  • Aquaculture Technologies Asia Ltd. – Tung Lung Chau Speckled Blue Grouper Farm

Recognised Companies of “Quality Food Scheme ESG” 2025 (in alphabetical order):

Innovation

  • Café de Coral Holdings Ltd.
  • China Resources Logistics (Group) Ltd.
  • International Gourmet Foods Ltd.
  • KLN Logistics (Hong Kong) Ltd.
  • Tong Shun Hing Poultry (HK) Co. Ltd.

Technology

  • DKSH Hong Kong Ltd.
  • Loscam (Hong Kong) Ltd.
  • Meiriki Japan Company Ltd.
  • Nestlé Hong Kong Ltd.
  • Watsons Water

Achievement

  • BOTEC Blue Ocean Algae Membrane
  • King Bakery Holdings Ltd.
  • Murray Rice Company Ltd.
  • Tai Hing Catering Group
  • Tai Po Chun Hing Ltd.
  • The Garden Company Ltd.
  • Tsit Wing Coffee Co., Ltd.
  • Wah Yuen Foods (H.K.) Co. Ltd.

About GS1 Hong Kong

Founded by the Hong Kong General Chamber of Commerce in 1989, GS1 Hong Kong is the local chapter of GS1®. GS1 Hong Kong’s mission is to empower businesses of their digital transformation, improve supply chain visibility and efficiency, ensure product authenticity, facilitate commerce connectivity and enable sustainable value chain through the provision of global supply chain standards (including GTIN & barcodes), and a full spectrum of platforms, solutions and services.

GS1 Hong Kong currently supports close to 8,000 corporate members from 20 sectors including retail & consumer packaged goods, food & beverage and food services, healthcare, apparel & footwear, logistics & ICT. By working closely with communities of trading partners, industry organizations, government, and technology providers, we can foster a collaborative ecosystem, paving the way for “Smarter Business, Better Life”.

As a non-profit organization, GS1 develops and drives global adoption of supply chain standards. Headquartered in Brussels, Belgium, GS1 has over 115 national chapters in 150 countries.

Website：www.gs1hk.org

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