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Goodbaby International Holdings Limited Announces First Quarter Revenue Performance

Group Revenue Records Positive Growth 
Despite Extremely Volatile Macro Environment 
CYBEX Maintains Strong Momentum and Achieves Double-Digit Revenue Growth

HONG KONG, May 8, 2025 /PRNewswire/ — Goodbaby International Holdings Limited (“Goodbaby International” or the “Company”; HKEX stock code: 1086, together with its subsidiaries, the “Group“), a leading global parenting products company, has announced its unaudited revenue performance for the three months ended 31 March 2025 (the “Period”), with revenue up by 7.5% year-on-year (a 9.7% increase on a constant currency basis) to approximately HK$2,034.9 million.

During the Period, the Group navigated the dynamic landscape and continued to strengthen its fundamentals. Fueled by robust market demand for its products, CYBEX significantly increased its market shares across its markets and categories, recording a strong revenue growth of 17.6% (a 20.7% increase on a constant currency basis) to approximately HK$1,145.3 million. Evenflo’s revenue declined to HK$519.1 million, mainly due to a sales decrease of low-priced point products, partially offset by the increase in sales of high-priced products. gb recorded double-digit growth in its self-owned retail channels, partially offsetting revenue declines in wholesale channels. In addition, the Group continued to deliver efficient, high-quality, and timely services for its Blue Chip customers and recorded very positive revenue growth in its Blue Chip business.

Mr. Tongyou LIU, Executive Director and Group CEO of Goodbaby International, said, “Looking ahead to the remainder of 2025, challenges include macro uncertainties, global supply chain disruptions from time to time, and further weakened consumer confidence arising from ongoing geopolitical conflicts, trade restrictions and protectionist policies. However, we believe that the Group’s diversified brand portfolio and global omni-channel distribution infrastructure will minimize our risk in any single territory and enable us to deliver on our commitments to provide products and services to customers in over 110 countries and regions through various channels. Our one-dragon platform integrating diversified manufacturing and operational services not only includes industry leading manufacturing capacities in China, but also self-owned manufacturing capacities in North America. We will closely monitor the dynamics of the macro environment and take any measures we deem necessary, such as price increases, cost control, supply chain rearrangement, and continued business diversification, while at the same time remaining resilient, prudential, and cautiously optimistic based on our further strengthened fundamentals, to achieve sustainable long-term development.”

About Goodbaby International Holdings Limited

Goodbaby International Holdings Ltd. (stock code: 1086) is a world-leading parenting products company. The Group serves millions of families around the world through design, research and development, manufacture, marketing and sales of children’s car safety seats, strollers, apparel and home textile products, feeding, nursing and personal care products, cribs, bicycles and tricycles and other children’s products.

For more information, please visit Goodbaby’s corporate website: www.gbinternational.com.hk.

Pest Migration from Southeast Asia Threatens Crops in Southern China, Research Found

Rice field (Photo: 123RF)

Southern China is facing a surge in agricultural pests migrating from neighboring Southeast Asian countries, including Laos, Myanmar, and Cambodia. This pest migration, driven by climate-related factors, poses a growing threat to regional food security.

GE Jun’s Speaks in Hong Kong: Guiding Mainland Chinese Lawyers on Compliance and Global Operations


HONG KONG SAR – Media OutReach Newswire – 8 May 2025 On May 3, at the “China Lawyers Going Global – Hong Kong Session” held at the University of Hong Kong, GE Jun, Chairman and CEO of TOJOY Smart Enterprises Services, delivered an insightful lecture titled “Compliance Management and Globalized Operations for Enterprises Going Overseas.” The lecture offered a valuable learning opportunity for Chinese lawyers and relevant professionals aspiring to engage in cross-border businesses.

Ge Jun, Chairman and CEO of TOJOY Smart Enterprises Services, delivers an insightful lecture at the University of Hong Kong.
Ge Jun, Chairman and CEO of TOJOY Smart Enterprises Services, delivers an insightful lecture at the University of Hong Kong.

Mr. GE Jun previously served as the Global Vice President of Intel, Apple, and NVIDIA, where he led policy and legal affairs, among other functions, across the Asia-Pacific region and China. He holds a bachelor’s degree in International Economic Law from the East China University of Political Science and Law, a Juris Doctor from the Northwestern School of Law at Lewis & Clark College in the United States, and an MBA from the Chinese University of Hong Kong.

The inaugural lecture of the “China Lawyers Going Global – Hong Kong Session” drew significant attention, attracting over 70 leaders and senior lawyers from various mainland law firms. Participants brought extensive legal experience across industries including infrastructure, energy, and finance.

In his lecture, GE Jun dived deeply into the macro trends shaping Chinese enterprises’ overseas expansion. He pointed out that Chinese enterprises have experienced four waves of overseas expansion, and are now in the stage of exporting technologies and business models, where compliance management poses crucial challenges. Ge Jun emphasized that “one-third of international expansion failures are caused by compliance issues.” Compliance challenges encompass domestic regulations, host country regulations, international treaties, and industry norms.

Drawing on a wealth of cases and industry insights, GE Jun delivered practical knowledge and experience to the participants. For those attending the “China Lawyers Going Global – Hong Kong Session,” the lecture helps them better understand the essence of compliance and cultural integration in overseas businesses, and therefore lays a solid foundation for them to provide more professional cross-border legal services. GE Jun’s insights will also empower Chinese lawyers to keep advancing in the cross-border legal sectors, and promote the steady development of Chinese enterprises in a more globalized world.

This event was jointly hosted by INTELLIGEAST and ZhiShi Network, with the goal of helping Chinese lawyers navigate different legal systems, master international norms, and build a high-value business moat for enterprises expanding overseas.
Hashtag: #Fintech #Incubator #Entrepreneur

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

Colorcon and ASHA Cellulose Announce New Partnership to Support the Development & Manufacture of Barrier Membrane Formulations for the Pharmaceutical and Nutraceutical Industries

HARLEYSVILLE, Pa. and MUMBAI, India, May 8, 2025 /PRNewswire/ — Colorcon, a global leader of film coating systems, specialty excipients, controlled release formulations and controlled atmosphere packaging for the healthcare industry, today announced an exclusive partnership with ASHA Cellulose, a leading provider of organo-soluble Ethyl cellulose polymers widely used in the pharmaceutical and dietary supplement industries. As a part of this multi-year partnership, Colorcon will become the exclusive representative for the following ASHA products throughout Europe, the Middle East, Africa, Northeast Asia and Southeast Asia:

  • ASHACEL® – a family of multifunctional, water-insoluble, organo-soluble thermoplastic cellulose ethers that serve as binders, flexible film formers, taste-masking and time-release agents, rheology modifiers and more.
  • ASHAKOTE® – a 30% aqueous dispersion of Ethyl cellulose, suitable for sustained release, taste-masking and moisture control, and used in regions where organic solvents are not acceptable.

“Colorcon is excited to announce our new partnership with ASHA Cellulose to further the support we provide to our customers in barrier membrane and multi-particulate development,” said Kurt Fegely, Vice President of Excipient Technologies at Colorcon. “ASHA has been a leader in the cellulosic polymer industry for more than 25 years. Our partnership combines an impressive product portfolio, recognized leadership in controlled release multi-particulate applications and regulatory excellence, helping our customers achieve success in drug delivery.”

Raju Shah, President for ASHA Cellulose, commented: “Asha Cellulose has been involved in manufacturing ASHACEL Ethyl Cellulose and ASHAKOTE Aqueous Ethyl Cellulose dispersion using in-house capabilities and a world-class infrastructure. With this partnership, we are confident that the unique combination of our polymer expertise and Colorcon’s technical prowess and customer reach will help us serve our customers better.”

Simon Tasker, Chief Executive Officer at Colorcon, concluded, “This partnership is a great example of our commitment to the pharmaceutical and nutraceutical industries. We are excited to bring together our two organizations to provide an enhanced product portfolio, high quality manufacturing and dedication to service excellence, supply reliability and technical expertise to our global customers.”

This partnership will officially start on May 15th.

About Colorcon

Colorcon is a world leader in the development, supply and technical support of formulated film coating systems, modified release technologies, core excipients and functional packaging for the pharmaceutical industry. www.colorcon.com.

About ASHA Cellulose Private Limited

Asha Cellulose (I) Pvt Ltd is a renowned Indian company engaged in manufacturing Ethyl cellulose and other cellulose derivatives, pigment dispersions through its group companies. Asha’s Ethyl cellulose polymer and aqueous dispersion, available under the brand names ASHACEL and ASHAKOTE, comply with the requirements of all major pharmacopoeias and the products are well received worldwide in the pharmaceutical and nutraceutical industries. The India-based manufacturing facility is EXCiPACT and ISO 9001, ISO 14001, ISO 14001 and OSHAS 18001 certified. The company has a state-of-the-art infrastructure and manufacturing control facility, ensuring product quality and regulatory excellence.
www.ashacel.com

 

Baidu to Hold Annual General Meeting on June 27, 2025

BEIJING, May 8, 2025 /PRNewswire/ — Baidu, Inc. (“Baidu” or the “Company”) (Nasdaq: BIDU; HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)), a leading AI company with strong Internet foundation, today announced that it will hold its annual general meeting of shareholders (the “AGM”) at Baidu Campus, No. 10, Shangdi 10th Street, Haidian District, Beijing 100085, People’s Republic of China on June 27, 2025 at 9:00 a.m. (Beijing/Hong Kong time).

No proposal will be submitted for shareholder approval at the AGM.

The board of Directors of the Company has fixed the close of business on May 27, 2025, Hong Kong time, as the record date (the “Shares Record Date”) of Class A ordinary shares with a par value of US$0.000000625 each (the “Class A Ordinary Shares”) and Class B ordinary shares with a par value of US$0.000000625 each (the “Class B Ordinary Shares”). Holders of record of the Company’s Class A Ordinary Shares and Class B Ordinary Shares as of the Shares Record Date are entitled to receive notice of and attend the AGM and any adjourned meeting thereof.

The notice of the AGM is available on the Company’s website at https://ir.baidu.com

The Company has filed its annual report on Form 20-F, including its audited financial statements, for the year ended December 31, 2024 (the “Form 20-F”), with the U.S. Securities and Exchange Commission. The Form 20-F can be accessed on the Company’s website at https://ir.baidu.com, as well as on the SEC’s website at http://www.sec.gov

The Company has also published an annual report (the “Hong Kong Annual Report”) pursuant to the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (“HKEx”). The Hong Kong Annual Report contains substantially the same information as set forth in the Form 20-F and can be accessed on the Company’s investor relations website at https://ir.baidu.com as well as the HKEx’s website at http://www.hkexnews.hk

About Baidu

Founded in 2000, Baidu’s mission is to make the complicated world simpler through technology. Baidu is a leading AI company with strong Internet foundation, trading on Nasdaq under “BIDU” and HKEX under “9888”. One Baidu ADS represents eight Class A ordinary shares.

Nordic Bioscience announces PRO-C3 launched by Roche Diagnostics on cobas analysers

HERLEV, Denmark, May 8, 2025 /PRNewswire/ — Nordic Bioscience announces that its PRO-C3 test is launched by Roche Diagnostics on their cobas analysers. The Roche Elecsys® PRO-C3, used with the ADAPT formula (age, diabetes status, PRO-C3, platelets), assesses liver fibrosis severity – a disease responsible for approximately one in every 25 deaths worldwide.

Nordic Bioscience's Roche cobas e 801 platform
Nordic Bioscience’s Roche cobas e 801 platform

The nordicPRO-C3™ biomarker is already validated in Nordic Bioscience CAP-CLIA certified laboratory in Denmark. This demonstrates that Nordic Bioscience is dedicated to helping patients in a precision medicine driven approach, and our Platform provides the quality needed for regulatory approval.

Nordic Bioscience’s scientists have over that last 10 years published more than 250 scientific papers on PRO-C3 making us the leading place for research within PRO-C3 and fibrotic related diseases.  

PRO-C3 is the first of the Nordic Bioscience-biomarkers from our fibrosis panel which has been CE-approved. 40% of deaths in the western world are associated with alterations of organs such as the liver, and we provide the tools to quantify this.  These are the tools of modern clinical chemistry.

The Elecsys PRO-C3 test is the first test launched from the collaboration between Nordic Bioscience and Roche Diagnostics. We are proud that our technology becomes globally available to make a difference for patients.” said Morten Karsdal, CEO of Nordic Bioscience.  

About PRO-C3

PRO-C3 was invented by Nordic Bioscience and has up until now been available as a service performed in Nordic Bioscience’s laboratory in Denmark using the nordicPRO-C3™ test. The Elecsys PRO-C3 test is developed under a license agreement between Nordic Bioscience and Roche Diagnostics. For more information including scientific information on PRO-C3 see https://www.nordicbioscience.com/technology/biomarkers/pro-c3-nordicpro-c3

About Nordic Bioscience

Nordic Bioscience is a Danish biomarker company headquartered in Herlev, Denmark. We are engaged in biomarker development using our unique neoepitope technology. We combine our expertise in biomarker development with preclinical and clinical research. This enables us to develop biomarkers that provide fast and objective decision-making for compound selection and development in clinical trials as well as provide value for patients in a diagnostic setting. For more information about Nordic Bioscience, visit us at https://www.nordicbioscience.com

For product related inquires please use https://www.nordicbioscience.com/contact 

TÜV NORD-Certified to Withstand 17+ Category Hurricanes! POLYSHINE SOLAR’s Lightweight Flexible PV Modules Unveiled at THE SMARTER E EUROPE

MUNICH, May 8, 2025 /PRNewswire/ — May 7, 2025, Global photovoltaic technology innovator Polyshine Solar unveiled its new lightweight flexible photovoltaic modules and star product balcony-specific PV modules at The Smarter E Europe 2025. Its flagship new lightweight flexible module secured the TÜV NORD certification for withstanding Category 17+ hurricanes (far exceeding the traditional requirement of resisting Category 12 typhoons), attracting widespread attention from global industry players.

Three Key Highlights

Flexible Breakthrough: Polymer Materials Solve Traditional PV Limitations

Addressing the pain points of traditional glass modules – excessive weight (over 20 kg/m² including rack) and inability to adapt to low-load or curved surfaces – Polyshine Solar showcased an ultra-light flexible module weighing just 2.92 kg/m² with a bending radius of 0.5 meters. Closely aligned with the EU’s REPowerEU policy, this product is poised to unlock approximately 40% of existing rooftops previously inaccessible due to load restrictions.

Authoritative Certification: TÜV NORD Certifies 17+ Hurricane Resistance

The international authority TÜV NORD visited Polyshine Solar booth to award the certification for Polyshine Solar’s new lightweight flexible modules resisting 17+ hurricane-force winds. Based on dynamic testing at 63 m/s (17+ category) in Central South University’s wind tunnel laboratory. The self-developed organic polymer material features a 300% increase in tear resistance, enabling the modules to withstand extreme wind conditions with stability.

Balcony PV: 2 minutes to install, 3 years to pay back

Designed for European residential balconies, the specialized PV module uses an innovative “zip-tie mounting system” requiring no professional tools or drilling , and one person will complete the installation within 2 minutes. Weighing just 3.3 kg and equipped , the front film achieves 91% light transmittance. Payback in as little as 3 years at €0.3/kWh (Germany residential). The 1300MPa high-modulus encapsulation technology eliminates spontaneous glass breakage (SGB) risks entirely.

Polyshine Group: 20 Years of Outdoor Application Validation Builds Quality Trust

As the technical backbone of Polyshine Solar, Polyshine Group leverages 20 years of polymer material R&D and manufacturing experience, 20 years of outdoor application data from hundreds of global projects, and 20,000 hours of accelerated aging test data to support the reliability of module encapsulation materials in outdoor environments. Through this exhibition, Polyshine Solar demonstrates that advanced material science is reshaping PV deployment boundaries – combining hurricane-level resistance with building-friendly design to accelerate global renewable energy adoption.

HKU iCube Annual Gala Luncheon 2025 – Talent Management in the Age of AI


HONG KONG SAR – Media OutReach Newswire – 8 May 2025 – HKU iCube celebrated its second anniversary at the Annual Gala Luncheon 2025, held at its venue in Two Exchange Square, Central, Hong Kong. The event, themed “Talent Management in the Age of AI”, explored how artificial intelligence is reshaping talent acquisition, and organizational structures in today’s fast-evolving business landscape.​

Keynote Speakers (Group Photo) - From left to right: Prof. Hongbin CAI, Dean of HKU Business School, The University of Hong Kong; Ms. Clara CHAN, Chief Executive Officer, Hong Kong Investment Corporation Limited; Ir. Tony WONG, JP, Commissioner for Digital Policy, Hong Kong Special Administrative Region Government; Prof. Jin LI, Director of HKU’s Centre for AI, Management and Organization (CAMO), HKU Business School
Keynote Speakers (Group Photo) – From left to right: Prof. Hongbin CAI, Dean of HKU Business School, The University of Hong Kong; Ms. Clara CHAN, Chief Executive Officer, Hong Kong Investment Corporation Limited; Ir. Tony WONG, JP, Commissioner for Digital Policy, Hong Kong Special Administrative Region Government; Prof. Jin LI, Director of HKU’s Centre for AI, Management and Organization (CAMO), HKU Business School

The gala brought together a distinguished lineup of speakers from government, academia, and the business community, alongside 60 esteemed delegates, including industry leaders, talent management experts, and innovators. Together, they shared actionable insights in leveraging AI to drive workforce transformation, foster innovation, and ensure organizational success in a digital era.​

Highlights from the Event

In his opening speech, Professor Hongbin Cai, Dean of HKU Business School, reaffirmed the School’s commitment to being a global leader in business education. He emphasized HKUBS’s mission to nurture future-ready business leaders equipped to excel in an AI-driven world. Professor Cai also announced an exciting new initiative: the launch of a Taught Postgraduate stream in AI and Business, designed to equip students with cutting-edge AI knowledge and its practical applications in business.

Ms. Clara Chan, Chief Executive Officer of Hong Kong Investment Corporation Limited (HKIC), spoke about “opportunities and challenges in high-tech investment for Hong Kong’s future.” She emphasized that strategic investments in AI and technological innovation are key to maintaining and enhancing Hong Kong’s competitive edge on the global stage. She also covered the HKIC’s role in accelerating the nurturing of new quality productive forces, facilitating investee companies regarding product and service innovation as well as productivity improvement, and conducting more comprehensive talent development.

Ir. Tony Wong, JP, Commissioner for Digital Policy, delivered a keynote addressed on “AI Ecosystem Development”. He highlighted the Government’s effort on promoting ethical development of AI and R&D of AI in Hong Kong, fostering an AI-savvy workforce, provided an overview of the support offered to the industry, and shared insights on promoting AI applications and training within the Government.

Professor Jin Li, Zhang Yonghong Professor of Economics and Strategy at HKU Business School, introduced the University’s groundbreaking initiative: the establishment of the Centre for AI, Management and Organization (CAMO). As the founding Director of CAMO, Professor Li outlined the Centre’s mission: “The Centre is envisioned as a leading hub for interdisciplinary AI research and collaboration in the business sector. By bringing together experts from both industry and academia, CAMO aims to advance the development and applications of artificial intelligence to solve real-world challenges in management and organizational strategy.”

A Platform for Innovation and Collaboration

The HKU iCube Gala Luncheon was a tremendous success, fostering cross-sector collaboration and serving as a dynamic platform for thought leadership and innovation. The event showcased HKU iCube’s commitment to advancing youth development and driving impactful change by connecting academics, industry leaders, and policymakers.

As the Friends of iCube Network continues to grow, HKU iCube remains dedicated to facilitating meaningful conversations and partnerships that create shared value and inspire solutions for a better future.

For more information about HKU iCube and upcoming events, visit www.hku-icube.hku.hk
Hashtag: #HKUiCube #HKU

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