GUANGZHOU, China, Jan. 29, 2025 /PRNewswire/ — On January 28, 2025, the eve of the Chinese Lunar New Year, Wang Weizhong, Governor of Guangdong Province, conveyed festive greetings on behalf of the Provincial People’s Government and its residents to overseas Chinese, compatriots in Hong Kong, Macao, and Taiwan, as well as friends around the globe.

In his Spring Festival message, Wang highlighted that in 2024, Guangdong Province’s GDP reached a remarkable milestone of 14 trillion yuan, maintaining its position as the national leader for 36 consecutive years. The province’s foreign trade imports and exports surpassed 9 trillion yuan, with Guangdong goods enjoying strong sales worldwide. Guangdong’s “High-Quality Development Project for Counties, Towns, and Villages” has invigorated its urban and rural development, fostering vibrant industrial clusters and accelerating the process of new urbanization.

Wang noted that in 2024, Guangdong made significant strides in deepening reforms and opening its doors to the world. The construction of the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) celebrated its fifth anniversary, with a series of favorable policies introduced, including tiered management in Hengqin, expanded preferential tax policies in Qianhai, and relaxed market access in Nansha. Initiatives such as “Northbound Travel for Hong Kong/Macao Vehicles” and multiple-entry visas have spurred cross-border mobility, enhancing connectivity across the Hong Kong-Zhuhai-Macao Bridge and the Shenzhen-Zhongshan Link, thereby facilitating a one-hour living circle in the GBA. Major events like the Canton Fair, China Airshow, and Global Investment Promotion Conference attracted thousands of businesses, leading to the establishment of numerous significant projects and headquarters in Guangdong, bringing the total number of business entities in the province to over 19 million, the highest in the country. Investors, both domestic and international, continue to express optimism about Guangdong and choose it as their investment destination.

In 2024, Guangdong promoted the mutual enhancement of industry and technology, accelerating the development of new productive forces. The region’s innovation capabilities have secured eight consecutive national championships. The “Meng Xiang” ocean drilling vessel was completed and put into operation, while “Made in Guangdong” rockets successfully launched into space. The concept of “flying to work” is transitioning from science fiction to reality, and Kirin high-end chips have achieved independent development and large-scale application. Guangdong has established a first-mover advantage in emerging sectors such as integrated circuits, artificial intelligence, low-altitude economy, and commercial aerospace. Concurrently, traditional industries are undergoing rapid renewal, resulting in a more robust manufacturing sector and a more competitive modern industrial system.

In 2024, Guangdong’s “doorstep” employment service initiatives enabled more residents to find jobs close to home. Diverse childcare institutions embraced the service philosophy of “trusted care, assured upbringing,” while new elderly care models ensured that more seniors could “age with support and joy.” Cultural landmarks, such as the Baietan GBA Art Center, have become popular destinations, and public engagement in greening initiatives has become a widespread practice, with air and water quality reaching their best levels.

Wang Weizhong emphasized that in 2025, Guangdong will make every effort to stimulate the economy, advance reforms, and promote development, aiming to achieve the goals of the “14th Five-Year Plan” with high quality. The province will further strengthen economic and cultural exchanges with countries around the world.

He also noted that in November 2025, the flame of the National Games will be lit simultaneously in Guangdong, Hong Kong, and Macao, marking the first comprehensive sports event jointly hosted by the three regions of the GBA. Wang looks forward to witnessing the vibrant display of “Passionate National Games, Vibrant Greater Bay Area” alongside friends from home and abroad.

Announces Cornucopia: A Multi-Asset Liquidity Program for Public Mainnet Beta

GRAND CAYMAN, Cayman Islands, Jan. 28, 2025 /PRNewswire/ — The Movement Network Foundation, the organization dedicated to fostering innovation and advancing the adoption of MoveVM technology, today announced the Developer Phase of its Public Mainnet. This phase continues the momentum from December’s initial mainnet release and establishes the foundation for Movement’s Public Mainnet Beta, scheduled for launch in mid-February.

As part of this milestone, Movement Network Foundation also announced Cornucopia, a multi-asset liquidity campaign that will launch alongside Public Mainnet Beta. This comprehensive liquidity program aims to accelerate ecosystem growth by providing the essential foundation for DeFi applications, enabling deeper market efficiency, and fostering increased protocol adoption from day one.

Developed in partnership with Concrete, Veda Labs, Echelon and Canopy, the program will feature several specialized vaults: The BTC vault will feature Lombard, Lorenzo BTC and SolvBTC. The ETH vault will feature EtherFi and Renzo (ezETH). The $MOVE vault will feature Movement’s liquid staking protocols, Thunderhead, Movernance and Meridian. Anchoring the program is a $100M Ethena stable vault, demonstrating significant institutional commitment to Movement’s DeFi ecosystem.

On December 9, 2024, Movement Network’s initial mainnet beta launched with limited functionality, including permissioned smart contracts and commemorative  NFTs. It also allowed foundational components to begin deploying, including follower nodes and indexers.

Today, the Developer Mainnet enables ecosystem partners to begin deploying their protocols and apps on Movement’s network. From now through mid-February, development teams will systematically implement core infrastructure and test integrations, ensuring a robust environment for Public Mainnet Beta.

MOVEMENT’S KEY MILESTONES:

Developer Mainnet (January 28):

• Core infrastructure deployment begins
• Selected partners and DeFi protocol implementation window opens
• Technical documentation and developer resources release

Public Mainnet Beta (mid-February):

• Complete network functionality goes live
• Bridge support via LayerZero integration
• Permissionless DApp deployment

“The deployment of Movement Developer Mainnet and Cornucopia marks the beginning of a new era for blockchain development. By structuring our launch to include both technical infrastructure and day-one DeFi liquidity, we’re creating an ecosystem where developers can leverage Move’s robust security features while accessing Ethereum’s massive scale. This coordinated approach ensures we’re delivering immediate value for both developers and users,” said Cooper Scanlon, Co-Founder of Movement Labs.

For more information about Movement’s Developer Mainnet, visit movementnetwork.xyz or follow @movementlabsxyz, @movementfdn, @moveecosystem  @Move_Collective on Twitter.

About Movement Network Foundation
Movement Network Foundation is the driving force behind the Movement ecosystem, dedicated to fostering innovation and advancing the adoption of MoveVM technology. The foundation oversees the development of Movement Network, a next-gen solution built using MoveVM that settles to Ethereum. Through its MoveDrop program and ecosystem initiatives, the foundation supports developers, projects, and community contributors building decentralized applications. Learn more at movementfdn.xyz or follow @movementfdn on X.

Member of the Susquehanna International Group of Companies, a global quantitative trading and investment firm, takes a significant stake in one of the leading providers of specialist sports and prize insurance

LONDON, Jan. 28, 2025 /PRNewswire/ — Hedgehog Risk, a leading provider of specialist sports and prize insurance, has announced that SIG Insurance Holdings, LLC (SIG Insurance), part of the Susquehanna International Group of Companies (Susquehanna), one of the largest privately held financial institutions and quantitative trading firms in the world, has acquired a substantial interest in their company.

Since its inception in 2013, Hedgehog Risk has been amongst the most prominent group of underwriters in London for all Contractual Bonus and Prize Indemnity business. The firm’s focus is to work with sponsors, teams, and agencies to help structure and insure performance bonus incentives in player/team contracts, protect performance-linked revenues, as well as provide coverage for promotions linked to sporting events.

Hedgehog Risk’s innovative model, as a direct market with access to global specialty (re)insurance markets, allows the firm to take a proactive approach, working with clients in a consultative capacity. The ability to underwrite in-house allows the firm to not only cover risk, but also help shape the structure of deals to maximize client benefit.

“Our collaboration with SIG Insurance is a significant moment in our journey as it will help fuel growth across key markets and allow us to move into new lines of business in the sports and entertainment insurance sectors,” said Luke de Rougemont, managing director of Hedgehog Risk. “We’re delighted to be working with the SIG Insurance team because ultimately it means we will be better able to meet the needs of our clients.”

While Hedgehog will be working in collaboration with SIG Insurance’s efforts in the United States, the funding provided by SIG Insurance will also facilitate Hedgehog Risk’s expansion and focus in both the UK and Europe. This broader platform will allow Hedgehog Risk to develop a deeper and wider-ranging pricing capability across all sports disciplines. It will also increase the capacity to cover larger and longer-term risks and provide them the ability to structure new products with creative solutions.

ABOUT HEDGEHOG RISK
Founded in 2013, Hedgehog Risk is a leading provider of specialist sports and prize insurance, based at the heart of the world’s premier insurance market in London. Its US subsidiary, Hedgehog Insurance Agency, is based in New Jersey. As a coverholder at Lloyd’s, Hedgehog Risk operates internationally to support a global client base. Recognised as leaders in contractual bonus insurance and all forms of prize coverage, Hedgehog Risk provides bespoke and innovative coverage solutions to a wide range of clients. Hedgehog Risk is well known for its creative, proactive, and collaborative approach. As market specialists, they understand the niche financial risks associated with, incentivised contracts, sports performance, promotions, weather and prize-related contests, including lottery and gaming risks.

ABOUT SIG INSURANCE
SIG Insurance is a member of Susquehanna. Formed in 1987, Susquehanna is one of the largest proprietary trading firms in the world. Fueled by an integration of trading, technology, and quantitative research, Susquehanna has forged a collaborative culture with over 3,500 employees located in more than 17 offices around the world. While trading remains at the core of its business, Susquehanna is also active in institutional sales, global private equity, and sports analytics. SIG Insurance owns various insurance-related entities across the value chain.

For more information, visit hedgehogrisk.com.  

CONTACT:
PRCG | Sports
(212) 683-8100
Jim Rocco jrocco@prcg.com
Cris Bruce cbruce@prcg.com

JINAN, China, Jan. 28, 2025 /PRNewswire/ — A report from SdChina News: 

The 2025 Shandong Spring Festival Gala, which was broadcast on January 27, brought an “audio-visual feast” for audiences not only in China but also those in Australia as it for the first time set up an overseas sub-venue in Adelaide.

The meticulously arranged program is rooted in China’s excellent traditional culture, embodies the power of youth, and explores the connotations of “Friendly Shandong, Remarkable Shandong”. It also reflects the distinct characteristics of cultural innovation and showcases the infinite vitality of the land of Qilu.

Shandong province is endowed with delicious food and rich tourism resources, and most importantly, the people here are hospitable. In Shandong, you can visit the beautiful Daming Lake in Jinan, and in Zibo, don’t just think about eating barbecue, you can also take a stroll around stores of colored glaze. Visit Qingdao for some beer, and do not forget the seafood in Yantai and Weihai!

Shandong Spring Festival Gala not only inherits traditional culture with focus on artistic innovation, but also showcases the happy life of the people through songs, talk shows, sketches, and dances. The gala, featuring profound traditional culture, a sense of ritual, and a lively atmosphere, and with a down-to-earth attitude, conveys heartfelt and closely connected visions of a better future.

LOUISVILLE, Ky., Jan. 28, 2025 /PRNewswire/ — The year 2025 marks the first release of Bomberger’s PFG^™ (Precision Fine Grain) Kentucky Straight Bourbon. “Over the years, our flagship Bomberger’s Declaration Bourbon has always had a rich, bold nature that I love. This new Bomberger’s PFG^™ release continues our efforts to further experiment with Bomberger’s and push the boundaries of American whiskey. It’s a wonderful expression with great texture and a remarkable spectrum of rich, full flavors resulting from our team’s thoughtful exploration of wood science under very specific conditions,” commented Michter’s Master Distiller Dan McKee.

Bomberger’s PFG™: Kentucky Straight Bourbon Finished in Precision Fine Grain Oak Barrels

Bomberger’s PFG^™ is made by first aging Kentucky Straight Bourbon in a new toasted and charred American oak barrel. After full maturation, the Kentucky Straight Bourbon is removed from the first barrel and placed in a second new, custom, proprietary toasted and charred French fine grain oak barrel of the most exacting specifications. These barrels are toasted at a tightly defined temperature range for a precise period of time before they receive a select charring. The whiskey is matured in these second barrels before being dumped into small batches that undergo our signature filtration prior to bottling at 100.2 proof (50.1% ABV). 

The Bomberger’s PFG^™ finishing barrel is a blend of wood from various origins, including the revered Tronçais, Allier, Nevers, and Vosges forests. It is constructed from wood that has been naturally air dried outdoors for a minimum of 40 months in France near the Charente River, which has a unique seasoning environment influenced by humidity, microflora creation, climate, wind direction, and elevation. After this seasoning, the staves are hand selected to construct the Bomberger’s PFG^™ finishing barrels.

The focus is to be precise at every step of the Bomberger’s PFG^™ production process. Michter’s Master of Maturation Andrea Wilson remarked, “The result is a medley of engaging aromas from confectionary to floral, a palate of beautifully integrated fruits and herbaceous notes with a full body and a luxurious, creamy texture that lingers with soft spice and chocolate.”

The suggested retail price in the U.S. for a 750ml bottle of Bomberger’s PFG^™ is $140.

With its Shenk’s and Bomberger’s Legacy release whiskeys, Kentucky Michter’s honors the heritage of the Pennsylvania distillery founded as Shenk’s in 1753 and renamed Bomberger’s in the 1800’s before becoming known as Michter’s in the 20th century.

For more information about Michter’s, please visit michters.com, and follow us on Instagram, Facebook, and X.

Contact:
Joseph J. Magliocco
+1 (502) 774-2300 x580
jmagliocco@michters.com

Legacy of Trust and Expertise Ushers in New Era of Precision Medical Device Development and Manufacturing Capabilities

BOSTON, Jan. 28, 2025 /PRNewswire/ — Spectra Medical Devices (Spectra) and XL Precision Technologies (XLPT) announced today their newly combined brand presence as Elevaris Medical Devices, a world-class Contract Development and Manufacturing Organization (CDMO) leveraging a proven legacy of excellence to usher in a new era of precision medical device development and manufacturing capabilities.

The Spectra acquisition of XLPT, announced in September 2024 by healthcare technology and services investor QHP Capital, brought together the companies’ complementary strengths in servicing medical device manufacturers from large-scale Original Equipment Manufacturers (OEMs) to start-ups. Spectra has long been highly regarded for the expansive engineering and manufacturing capabilities and expert technical customer support it provides OEMs. XLPT is widely admired for its specialty manufacturing expertise in precision micro-components, complex tubular components, and sub-assemblies.

Today’s announcement marks the formal evolution to a unified brand that equally honors the rich history of each company and embodies their combined commitment to providing their deep knowledge, unparalleled collaborative approach, and extensive precision manufacturing capabilities to customers worldwide. The decision to establish a new company name and brand identity reflects the promise to apply the best practices and strengths of the individual brands while also emphasizing a singular commitment to elevating customer outcomes to the next level.

“The acquisition late last year brought together two long-trusted companies with highly complementary capabilities,” Richard Zrebiec, CEO of Elevaris Medical Devices, said. “Today, as we complete integration, we believe operating under one brand demonstrates our combined commitment to our customers’ success.”

As the newly branded company, Elevaris Medical Devices will serve medical device companies in an unrivaled capacity. The unified team of engineering, design, and development experts is highly invested in applying its deep knowledge and product perspective to provide value-driven design, development and production solutions that support the success of customer projects. 

“From concept, to design and development, through manufacturing, we are uniquely qualified to support our customers in their quest to develop next-generation medical devices that enable the future of healthcare and improve global health,” Zrebiec said. “Elevaris Medical Devices has the capability to be the preferred partner to drive a new era of precision medical device development and manufacturing.”

About Elevaris Medical Devices: 

Elevaris Medical Devices is a Contract Development and Manufacturing Organization (CDMO) for industry-leading, multi-national healthcare companies, global Original Equipment Manufacturers (OEMs), and emerging technology companies. It is one of the world’s leading manufacturers of made-to-spec procedural needles and specializes in the manufacture of precision micro-components, complex tubular components, and sub-assemblies for the medical device industry. The company also distributes a wide range of complementary pharmaceutical products, surgical instruments, and medical supplies.

Elevaris Medical Devices has more than 300 employees across its locations in North America, the UK, and South Korea. For more information, visit elevarismedical.com.

GOTHENBURG, Sweden, Jan. 28, 2025 /PRNewswire/ — “In 2024, Getinge had record sales and we finished off the year with a strong quarter. Both order intake and net sales increased significantly, also organically, with positive performance in all regions”, says Mattias Perjos, CEO of Getinge.

Growth was particularly strong in ventilators, where Getinge is benefiting from the consolidation in the market. Furthermore, consumables in ECLS in Acute Care Therapies and Sterile Transfer in Life Science, showed solid performance.

Paragonix Technologies, Inc., which was acquired in Q3 2024, reported impressive growth in the quarter. The KidneyVault portable renal perfusion system, which addresses the largest organ transplant market in terms of volume, received FDA 510(k) clearance. This means that Paragonix now has unique breadth in its product portfolio, which encompasses all major organ categories.

Getinge’s focus on structural measures to increase productivity and cost efficiency contributed to the operating margin strengthening significantly compared with Q4 2023.

“The strong cash flow and earnings in the quarter highlight the leverage we have in terms of profitability when we achieve higher sales,” says Mattias Perjos.

After the board’s review, Getinge has initiated a process with the strategic intention to phase-out the Surgical Perfusion product category, to further strengthen the company’s long-term growth and profitability. This would contribute marginally positive to adjusted EBITA from 2025 and gradually increase onwards, thanks to reallocation of resources to attractive areas such as ECLS and Transplant Care. Getinge’s market share in Surgical Perfusion is not satisfactory and the market growth is limited.

Despite geopolitical uncertainty and potential trade barriers, demand is expected to be relatively stable, with long-term care needs and hospitals’ willingness to invest as continued strong drivers.

“In 2024, we have demonstrated that we are well positioned in prioritized product categories for our customers. This means that we have a positive outlook on 2025 and expect organic sales growth of 2-5% for the full year,” says Mattias Perjos.

October – December 2024 in brief

• Net sales increased organically by 9.2% (10.1) and the order intake rose by 7.4% organically (-2.4).
  • Adjusted gross profit amounted to SEK 5,604 M (4,596) and the margin was 50.6% (46.4).
  • Adjusted EBITA amounted to SEK 2,143 M (1,318) and the margin was 19.4% (13.3).
  • Adjusted earnings per share amounted to SEK 5.28 (3.11).
  • Free cash flow amounted to SEK 1,693 M (976).
  • Initiated process with the intention of discontinuing Surgical Perfusion.

January – December 2024 in brief

•    Net sales increased organically by 4.9% (6.4) and the order intake rose by 6.3% organically (-1.6).
•    Adjusted gross profit amounted to SEK 17,409 M (15,533) and the margin was 50.1% (48.8).
•    Adjusted EBITA amounted to SEK 4,869 M (3,887) and the margin was 14.0% (12.2).
•    Adjusted earnings per share amounted to SEK 11.73 (9.19).
•    Free cash flow amounted to SEK 3,284 M (1,623).
•    A dividend per share of SEK 4.60 (4.40) is proposed.

Phone Conference

A conference call will be held on January 28, 2025, at 10:00-11:00 a.m. CET hosted by Mattias Perjos, President & CEO, and Agneta Palmér, CFO.
To participate via teleconference, please register via https://conference.financialhearings.com/teleconference/?id=5002483. After registration, you will be provided with telephone numbers and a conference ID to access the conference. You can ask questions verbally via the telephone conference. During the conference call a presentation will be held. To access the presentation through webcast, please use https://getinge.events.inderes.com/q4-report-2024, where a recorded version can be accessed for 3 years.

Contact:

David Kördel, Head of Investor Relations
Phone: +46 (0)10 335 0077
Email: david.kordel@getinge.com
This information is such that Getinge AB is obliged to make public pursuant to the EU Market Abuse Regulation. The
information was submitted for publication, through the agency of the contact person set out above, on January 28, 2025, at 08:00 am CET.

About Getinge

With a firm belief that every person and community should have access to the best possible care, Getinge provides hospitals and life science institutions with products and solutions that aim to improve clinical results and optimize workflows. The offering includes products and solutions for intensive care, cardiovascular procedures, operating rooms, sterile reprocessing and life science. Getinge employs approximately 12,000 people worldwide and the products are sold in more than 135 countries.

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

https://news.cision.com/getinge/r/getinge-year-end-report-2024–strong-order-intake-and-increased-sales-contributed-to-sharp-improveme,c4090524

The following files are available for download:

GUANGZHOU, China, Jan. 28, 2025 /PRNewswire/ — A news report from GDToday:

The Pearl River Channel of Guangdong Radio and Television Station’s program “2025 Chinese New Year Gala—Better Lives in Guangdong“, with its renowned performance team and creative content, has attracted a lot of local people to the Yunfu Branch Venue during its rehearsal.

The Modao Mountain Site is an important symbol of Yunfu’s historical and cultural heritage and is the earliest ancient human cultural site in Guangdong. It serves as the background of the virtual program “Adventure to Modao Mountain Site”. It provides a creative introduction to the national intangible cultural heritage Helou Dance, expressing people’s eternal hope for a better life.

The music video “Yunfu” covers the landmarks across the city, aiming to drive the development of Yunfu’s tourism. The lyrics deliver a Spring Festival blessing to the audience, imbued with Yunfu’s characteristics.

The reality show “Huang Junying’s New Year Wish” features harmonious scenes of Song Jiaqi, Ruan Zhaoxiang, Xu Zhaohao and Huang Junying celebrating the festival in Yunfu, such as planning the village Spring Festival Gala and preparing a table of Yunfu cuisine.

The interactive magic show “Welcome to Yunfu” presents a table of family reunion feast with Yunfu’s specialty agricultural products. The trio, consisting of Song Jiaqi from Guangdong, Hong Kong comedy star Ruan Zhaoxiang, and popular singer Xu Zhaohao, has sparked waves of laughter among the audience.

Yunfu, located in northern Guangdong, is known as the “Stone Capital of China“. The skit “Stone Capital Encounter” is set in a stone market, allowing the audience to appreciate the beauty of Yunfu’s stone while indulging in the humorous verbal battle.

Yunfu is home to seedless Wampee. The crosstalk show “Dreaming of Yunfu”, featuring well-known Cantonese comedians Wu Haijie and He Zhifeng, brings the audience to Yu’nan County to witness rural revitalization.

The program “2025 Chinese New Year Gala—Better Lives in Guangdong” presented by the Pearl River Channel of Guangdong Radio and Television Station showcases the unique charm of Yunfu—an eco-friendly and internationalized city.

On January 28, let us explore Yunfu’s highlights on the program “2025 Chinese New Year Gala—Better Lives in Guangdong” presented by the Pearl River Channel of Guangdong Radio and Television Station.