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Guo Guangchang’s Letter to Shareholders: Fosun International Pursues Progress through “Strategic Advancements and Exits”

HONG KONG, March 31, 2025 /PRNewswire/ — Guo Guangchang, Chairman of Fosun International Limited (HKEX: 0656), issued a letter to its shareholders on 30 March, outlining the Company’s strategic direction, accomplishments, and future plans.

Dear shareholders,

The year 2024 concluded successfully, thanks to the collective efforts of all Fosuners. Looking back on the past year, we sustained steady growth momentum and demonstrated robust resilience in the face of global economic fluctuations and market challenges. We continuously advanced our core business-focused and business streamlining strategy by divesting non-core assets and heavy assets to focus on core operations, reduce debt, and optimize our capital structure. The signed asset divestment amounted to approximately RMB17.5 billion equivalent at the group level, and approximately RMB30.0 billion equivalent at the consolidated level. In the course of asset divestment, the adjustment in the carrying value of an individual investment impacted our 2024 financial performance. Nonetheless, Fosun’s overall operational fundamentals remain stable, the core businesses are under healthy development, and the industrial operation profits and operating cash flows stay healthy and stable. Looking ahead, we will further deepen our focus on core industries, leveraging our globalization and innovation capabilities to create long-term and stable value for our shareholders.

Focusing on core businesses, achieving success through “strategic advancements and exits”

Over the past few years, we have remained committed to our core business-focused and business streamlining strategy. While some companies and teams have bid farewell to the Fosun family during this period, I can assure you that we have never sold any company at a low price merely to offload assets. Their departure was not a result of hasty sale, but rather a deliberate decision made in line with our long-term strategy to sharpen focus on future development. Throughout this collaborative journey, we have consistently fostered win-win outcomes with our partners. The value achieved by these companies underscores our unwavering commitment and effective management over the years, continually driving enhancements to their intrinsic value. I am deeply grateful to the management teams who have led these outstanding companies forward, as their exceptional performance has enabled Fosun to navigate challenging environments with stability.

In 2022 and 2023, we dedicated ourselves to a business streamlining strategy that reinforced our foundation and enabled us to advance with greater agility. In 2024, we placed greater emphasis on “balanced investment and divestment, strategic advancements and exits”. While remaining committed to the divestment of non-core businesses, we also prioritized the “advancement” of our core operations, thereby ensuring sustainable growth for the Company and creating greater value for our shareholders. As a result, throughout the past year, we made notable “advancements” by focusing on our core industries. In health business, Fosun Pharma increased its stake in Fosun Kairos to 100%, which specializes in the research and development (“R&D“), manufacturing and commercialization of CAR-T cell therapy. In tourism and culture business, the ULTRAMED Hainan project in Sanya was officially launched, introducing world-class water entertainment facilities to create an AI-themed resort that integrates diverse experiences. Additionally, our proposal for the privatization of FTG was approved by a majority vote of FTG shareholders, allowing FTG to accelerate development with greater flexibility.

With years of accumulation and thoughtful cultivation, we have ushered in key development opportunities for the two domestic insurance companies. The total premium income of Pramerica Fosun Life Insurance surged from RMB4,346 million in 2023 to RMB9,251 million at 2024, while Fosun United Health Insurance also experienced steady growth in premium income, and both companies achieved profitability. The continuous growth of these two companies has laid a strong foundation for Fosun’s future development.

After more than 30 years of steady development, Fosun has developed strong competitive advantages across multiple sectors and has gained a profound understanding of its core capabilities. Accordingly, we will concentrate on these competitive and advantageous industries, pursuing our vision of “helping global families live in health, happiness, and wealth until the age of 121”. We will focus on “deep mining”, which involves prioritizing the development of our core industries, including health, tourism and culture, consumption, and insurance, thereby achieving stable profit growth in the long run.

Combining global growth momentum with global resources

Fosun is both a practitioner and beneficiary of globalization. In 2024, our overseas revenue proportion further increased to 49.3%, and the number of overseas employees accounted for nearly half of the Group’s total number of employees. In the past, we proposed combining China’s growth momentum with global resources. Now, I believe we should integrate global growth momentum with global resources, along with China’s competitiveness. We should fully mobilize our unique advantages in efficiency, innovation, resources, and costs, and combine them with global networks and capabilities.

In terms of global expansion, all our segments achieved new breakthroughs. In health business, Fosun Pharma has evolved from adopting a “product export model” to establishing global operational capabilities that encompass the “comprehensive internationalization of research, manufacturing, and sales”. Henlius has made significant strides in global market expansion. Taking the independently developed monoclonal antibody HANQUYOU as an example, it was approved for marketing in more than 50 countries and regions, and in 2024, it further expanded its commercial supply to the North American market. In insurance business, Fosun Insurance Portugal fully leveraged Fosun’s “global organization + local operations” capabilities, with gross written premiums reaching approximately EUR6,172 million in 2024. Through overseas expansion, the proportion of Fosun Insurance Portugal’s international business increased from less than 5% in 2014 to 29.8%. In cultural business, the Yuyuan Garden Lantern Festival celebrated its 30th anniversary and once again gained widespread popularity during the Year of the Snake edition, significantly driving overall consumption in the Yuyuan Garden commercial district during the Spring Festival. Following its successful overseas debut in Paris, France in 2023, the Yuyuan Garden Lantern Festival has embarked on another overseas journey in 2025. In January 2025, the Yuyuan Garden Lantern Festival themed lantern installation made a stunning appearance in Hanoi, Vietnam, commemorating the 75th anniversary of the establishment of diplomatic relations between China and Vietnam. This year, it will also be featured in Thailand, continuing to showcase the charm of oriental culture globally. In resources and energy business, Hainan Mining continued its international expansion, focusing on strategic resources. It successively acquired oil interests in Oman and proposed to acquire zirconium-titanium mine projects in Mozambique, thereby expanding its oil and gas business, enriching its strategic metal reserves, and broadening its profit channels.

Driving long-term development with innovation

We fully recognize that in today’s fiercely competitive market, mere extensive and repetitive development is no longer adequate to overcome challenges and may easily result in the pitfalls of involution. We must enhance our competitiveness by developing core technologies through innovation to drive long-term development. Accordingly, Fosun firmly positions technology innovation as its strategic core. In 2024, the Group’s total investment in technology innovation[1] reached approximately RMB6.9 billion. We have established more than 20 global technology innovation centers covering various industries and fields, continuously fostering the launch of new technologies and products.

As time passes, our innovative achievements have evolved and undergone qualitative transformations. As one of the first Hong Kong-listed “18A” pharmaceutical companies which turned to profit through product sales, Henlius built on its initial profit in 2023 and maintained strong growth in 2024. It successfully achieved sustained profitability with a net profit of RMB820 million, representing a year-on-year increase of 50.3%. In early 2025, its core product, HANSIZHUANG (European trade name: Hetronifly®), an anti-PD-1 monoclonal antibody, was approved for marketing in the European Union. This milestone makes it the first and only PD-1 innovative drug approved for the first-line treatment of extensive-stage small cell lung cancer (ES-SCLC) in the European Union. In addition, Intuitive Fosun’s Ion Robotic Bronchoscopy (“Ion System“) was launched in China, enabling more lung cancer patients to achieve early diagnosis and treatment in a minimally invasive manner. Furthermore, the high-end tourist train “Silk Road Express” officially commenced operations, making it the first international luxury sightseeing train in China and filling the gap in the domestic market.

Last year, I shared our perspectives on the artificial intelligence (AI) era, and we were envisioning its potential. This year, the application of AI has rapidly infiltrated various aspects of our lives, developing at a pace that far exceeds our expectation. Fosun’s approach to AI is not to develop a large model by ourselves, but rather to deeply integrate AI technology into our diverse scenarios to drive innovation and enhance efficiency. For instance, Fosun Pharma launched the PharmAID decision intelligence platform, which integrates information extraction, patent insights, business forecasting, and more. With data updated at T+1, it supports accurate and efficient decision-making to accelerate and improve the drug R&D. Sisram is also exploring the use of AI for precise skin analysis and personalized skin care solutions. The ULTRAMED Hainan project is set to create the world’s first AI-themed resort by utilizing AIGC technology for guest room customization. It will also introduce the digital human G.O (Gentle Organizer) service to enhance tourist experience. Regarding corporate operations and management, I encourage Fosuners to consider how to fully integrate AI into daily work comprehensively for more precise decision support and strategic assessments.

Harnessing the flywheels of “insurance + industry + investment”, leveraging operational capabilities to implement the asset-light strategy

To achieve more effective resource allocation and drive sustainable value growth, we have integrated Fosun’s profound industry expertise, extensive investment experience, and high-quality commercial resources with the operations and investments of insurance companies, forming a three-dimensional “insurance + industry + investment” flywheel-driven strategy. The collaborative growth of domestic and international insurance companies and Fosun’s various industries has laid a strong foundation for the “insurance + industry + investment” flywheel-driven strategy that we have always advocated.

At the same time, Fosun’s unique ecosystem synergy model further amplifies the flywheel effect. In 2024, we successfully implemented the “health care + insurance” ecosystem policy model, with 14,000 community health care policies sold, totaling premiums of RMB12.85 billion. Fosun Care achieved profitability for the first time, laying a solid foundation for flywheel development.

As part of our strategic direction, we made significant progress in asset-light operations in 2024. Fosun Pharma together with the Shenzhen Guidance Fund and other investors established a RMB5.0 billion biopharmaceutical industry fund to jointly promote the high-quality development of the pharmaceutical and healthcare industry in the Greater Bay Area. In addition, FTG’s Taicang Alps Resort Phase II project, Jinsha Bay project in Dapeng New District, Shenzhen, and other projects were signed and commenced in 2024. Objectively, given the current market environment, heavy asset investments using our core capital do not yield returns that align with capital costs. However, low-cost funds, including those from insurance, inherently require heavy asset allocations. Therefore, to bolster our asset-light operations, it is essential to strengthen cooperation with insurance institutions and others, empowering our investment and operational capabilities.

Healthy financial position, “Contribution to Society” through ESG initiatives

We adhere to a prudent financial management strategy, continuously optimizing our capital structure and financing channels to gain the trust of capital markets. During 2024, Fosun repaid a total of RMB11.1 billion equivalent matured public bonds in onshore and offshore markets. We sincerely thank both domestic and international investors, as well as financial institutions, for their continuous recognition over the years. During 2024, we successfully issued USD300 million offshore bonds and obtained a sustainability-linked syndicated loan. Looking ahead, we will continue to capitalize on favorable interest rates through meticulous management and prudent leverage control. We will remain focused on divesting non-core and non-strategic assets, reducing the Group’s interest-bearing debts, and strengthening our resilience to economic cycles, striving to attain “investment grade” ratings at the earliest opportunity.

Fosun remains steadfast in its commitment to “Self-improvement, Teamwork, Performance, and Contribution to Society” and “Developing Business for Good”. In 2024, we officially launched the “Create IMPACT” sustainable development strategy to closely integrate commercial value with social value. The “Rural Doctors Program” initiated by Fosun Foundation was recognized as an excellent case for sustainable development practice by the United Nations, serving as a model for enhancing primary healthcare and showcasing the international impact of Fosun’s philanthropic efforts. Fosun Pharma has supplied a cumulative total of over 400 million doses of Artesun® (artesunate for injection) to the global market, saving more than 80 million severe malaria patients worldwide. Our sustainable development practices have also received recognition from international authorities, with an MSCI ESG rating maintained at AA for four consecutive years. In the future, we will continue to advance the “Create IMPACT” strategy and actively contribute to global sustainable development.

Looking ahead to 2025, despite still facing certain pressures, we have begun to see signs of recovery in the broader market, and our results have reflected this trend. During the Spring Festival, Atlantis Sanya achieved an outstanding occupancy rate of over 98%; Tuopai T68 baijiu recorded an 80% year-on-year increase in sales revenue, thanks to its superior price-to-quality proposition; our Club Med winter resorts in China and Hokkaido, Japan continued to experience strong demand throughout the peak season. These achievements reinforce our great confidence in future development.

We extend our heartfelt gratitude to our shareholders for your unwavering understanding and support over the past year. We are well-prepared to tackle challenges and pursue progress through “strategic advancements and exits”, while continuing to deepen our development in core industries. We are confident in our ability to maintain steady development, create long-term value for our shareholders, and contribute to healthier, happier, and wealthier lives for families worldwide.

Guo Guangchang
30 March 2025

[1] It includes scientific research investment (expensed and capitalized) but excludes digitalization expenses.

 

Delta Unveils Vari°ROW: A Breakthrough in All-in-One Micro Data Center Technology

BANGKOK, March 31, 2025 /PRNewswire/ — Delta Electronics (Thailand) Public Company Limited, a global leader in power management and IoT-based smart green solutions announced the launch of Vari°ROW, a next-generation modular micro data center designed to redefine how digital infrastructure is deployed in space-constrained environments and edge locations. By integrating IT, power, and cooling into a single plug-and-play system, Vari°ROW delivers unmatched performance, energy efficiency, and scalability for today’s most demanding industries.

Delta Unveils Vari°ROW: A Breakthrough in All-in-One Micro Data Center Technology
Delta Unveils Vari°ROW: A Breakthrough in All-in-One Micro Data Center Technology

Mr. Sakda Sae-Ueng, Datacenter Platform Head –SEA Oceania said

“Vari°ROW is a direct response to the evolving needs of modern enterprises. As businesses move closer to their users and operate within tighter spaces, they require solutions that are efficient, secure, and scalable. With Vari°ROW, we’re not just offering a product, we’re delivering a smarter, greener way to power digital growth.” 

As digital transformation accelerates across Southeast Asia and globally, organizations are increasingly challenged to deploy IT infrastructure in non-traditional locations such as branch offices, retail outlets, clinics, and telecom sites. According to IDC, over 50% of new enterprise IT infrastructure is expected to be deployed at the edge by 2025. Meanwhile, data centers currently account for 1–4% of global carbon emissions, with growing scrutiny from regulators and sustainability-focused stakeholders. These shifts are fueling demand for compact, energy-efficient alternatives that support near-user computing and net-zero ambitions.

Vari°ROW is built on a prefabricated architecture that integrates compute, storage, networking, UPS, PDU, and precision cooling (5–20 kW) into a single enclosure. Unlike traditional setups with separate, space-intensive components, this unified design enhances cooling containment efficiency by up to 20%, reducing cold air loss and lowering operating costs.

The system is purpose-built for industries such as telecommunications, banking, healthcare, education, manufacturing, and SMEs—sectors where uptime is critical, and space is at a premium. Its all-in-one footprint allows deployment in locations where conventional data centers are impractical, enabling organizations to extend digital infrastructure quickly and securely.

Vari°ROW supports IT loads from 5–20 kW and can scale up to eight interconnected racks. Key features include integrated UPS (Delta RT Series), fire suppression (Novec 1230), DX air-cooled systems (up to 40 kW), emergency ventilation, and environmental lighting. Real-time monitoring is managed via Delta’s DCIM software, with alerts delivered by app, email, or SMS.

Aligned with Delta’s sustainability goals, Vari°ROW is engineered to reduce energy usage by 20–30%, achieving Power Usage Effectiveness (PUE) as low as 1.6. Its compact, prefabricated design also helps reduce land use and energy waste, supporting customers’ net-zero strategies.

Following strong regional interest, the first live deployment will launch in the Philippines this April. Early adopters especially in telecom and finance have cited the solution’s fast deployment, small footprint, and operational efficiency as key benefits.

Delta reinforces its commitment to a smarter and greener digital future with the launch of Vari°ROW empowering organizations to scale efficiently while advancing their sustainability goals. As a member of RE100 and with a target to achieve net-zero carbon emissions by 2050, Delta continues to lead the way in delivering low-carbon, high-performance infrastructure that aligns with global climate objectives.

About Delta Electronics (Thailand) Public Company Limited

Founded in 1988, Delta Electronics (Thailand) PCL. is a producer of power and thermal management products and solutions. The company is a subsidiary of Delta Electronics, Inc. with the mission statement, “To provide innovative, clean and energy-efficient solutions for a better tomorrow,” which reflects the company’s strong belief in sustainable development especially with issues related to the environment.

As an energy-saving solutions provider with core competencies in power electronics and innovative research and development, Delta’s business categories include Power Electronics, Automation, Infrastructure and Mobility. The company’s global presence is supported by its sales offices in key regions around the world; manufacturing facilities in India, Slovakia and Thailand; and several R&D centers located in Thailand, India, Germany and other countries.

Delta continues to earn numerous recognitions for its achievements in the region and domestically. Some awards won include the prestigious ASEAN Business Award, Stock Exchange of Thailand’s Best Company Performance Award and the coveted Prime Minister’s Best Industry Award.

For detailed information about Delta Thailand, please visit: www.DeltaThailand.com 

Xinhua Silk Road: Evan Kail explores porcelain cultural legacy in SE. China’s Fujian Dehua

BEIJING, March 31, 2025 /PRNewswire/ — “I’m very honored to have the opportunity to witness the production process of Dehua porcelain. This has deepened my understanding of Chinese culture,” said Evan Kail, an American friend of China, during his hands-on ceramic experience on March 19 in Dehua County, southeast China’s Fujian Province.

Photo shows Evan Kail admires Dehua ceramics in Dehua County, Quanzhou City in southeast China's Fujian Province. (Source: Dehua Converged Media Center)
Photo shows Evan Kail admires Dehua ceramics in Dehua County, Quanzhou City in southeast China’s Fujian Province. (Source: Dehua Converged Media Center)

In 2022, Kail donated a photobook documenting the behaviors of Japanese forces in China during World War II. In recognition of his contribution, he was presented with a Dehua porcelain artwork designated as a national gift. Later, he showcased this gift at China Media Group’s 2025 Spring Festival Gala, introducing its elegance to millions.

During his recent visit to Dehua, the birthplace of plain white porcelain famously dubbed “Blanc de Chine” or white from China, Kail delved deep into ceramic heritage. “Dehua white ceramics are not just art. They are bridges for cultural exchanges between China and the rest of the world,” he remarked.

Xie Jinhua, creator of the porcelain gift Kail received, stated that this artwork exemplifies Dehua porcelain-making techniques. He moved on to note that the pure white clays with jade-like glaze embody China’s traditional culture, conveying good wishes to friends across the world.

Historically, Dehua porcelain wares were cornerstone exports on the Maritime Silk Road during the Song and Yuan dynasties (960-1368). Today, they continue the role as cultural exchange emblems, selected as Paris 2024 Olympic Games merchandise and presented as state gifts and mascots for many international events.

As a “World Ceramics City”, Dehua now boasts an annual ceramic output value of 66.3 billion yuan (about 9.1 billion U.S. dollars), with over 60 percent of its products shipped to more than 190 countries and regions. The county has taken moves to expand overseas markets, including establishing seven white porcelain promotion and exhibition centers in places like Singapore, Kuala Lumpur, and Malacca, and organizing international showcases in Malaysia, the United Arab Emirates, and France among others.

Dehua will keep going global, using its ceramics to build global understanding of China, said Fang Junqin, head of Dehua County.

2025 Taipei Cycle Show: CHC Drives Innovation in Sustainability and Common Protocol for Green Transportation

SANTA BARBARA, California, March 30, 2025 /PRNewswire/ — The 2025 Taipei Cycle Show highlighted Taiwan’s advancements in sustainable cycling under the theme “Green Forward,” aligning with global environmental goals and the push for carbon reduction. This effort supports the Bicycling Alliance for Sustainability (BAS) and the Cycling & Health Tech Industry R&D Center (CHC), which is committed to achieving net-zero emissions.

The Taiwanese government actively encourages green transformation in the bicycle industry, BAS has been established to focus on achieving the Taiwan government’s goal of net-zero transformation by 2050. CHC, as the secretariat of BAS, is dedicated to promoting the development of sustainable practices.

At the show, BAS hosted the ESG Global Initiative Forum, showcasing the industry’s environmental, social, and governance efforts. This included BAS’s development of a Net-Zero Carbon Emission Roadmap, organizing 12 meetings of carbon-reduction case studies in 2024, and working on Product Category Rules (PCR) to refine carbon footprint assessments. These efforts encourage collaboration between local and international stakeholders, exchanging actionable solutions and ideas, and promoting sustainable development.

Besides environmental awareness, there’s a new wave of digital transformation in the cycling industry. In 2024, CHC launched the Cycling Common Protocol Alliance with the Taiwan Bicycle Association (TBA) to create a platform for industry-wide cooperation. The alliance aims to strengthen the relevant agreements and standards within the electric-assisted bicycle sector, including electric bicycles, handcycles, and electric tricycles. It focuses on communication, connectors, power, and sensors, driving innovation and collaboration.

At the show, CHC unveiled two sample bikes, the E-Trekking and E-MTB, showcasing the progress of the Cycling Common Protocol Alliance. The E-Trekking features IoT, radar, and cloud platform technology developed by CHC, enabling real-time uploading of component information to the cloud and displaying component data and riding stats. The E-MTB emphasizes indoor interactive riding scenarios, and service system connections, and integrates a composite control system for shifting, assistance, suspension, and seat height adjustments. The alliance also established four task forces to enhance the collaboration.

By focusing on sustainability and common protocol, Taiwan’s bicycle industry is paving its way for a greener future. With CHC playing a key role in promoting green practices and e-bike standards, the industry is driving environmental responsibility and innovation. As a result, Taiwan is setting the stage for sustainable transportation solutions and shifting towards greener and smarter mobility.

The VIP Group Photo of the Bicycling Alliance for Sustainability (BAS) at Taipei Cycle Show.
The VIP Group Photo of the Bicycling Alliance for Sustainability (BAS) at Taipei Cycle Show.

Acer Medical Debuts VeriSee AI-assisted Screening Solutions at the Malaysian Ophthalmology Society Annual Congress

Collaboration with Intel® for AI-powered medical screening optimizations

TAIPEI, March 31, 2025 /PRNewswire/ — Acer Medical has recently launched its AI-assisted screening software, VeriSee Diabetic Retinopathy and VeriSee Age-Related Macular Degeneration. These innovative solutions will be showcased at the Malaysian Ophthalmology Society (MSO) Annual Congress, bringing cutting-edge AI screening technology to Malaysia’s ophthalmic community.


Acer Medical collaborates with Intel® to optimize AI-powered medical screening.

In collaboration with Intel, Acer Medical is advancing AI-driven medical imaging by accelerating AI inferencing and optimizing resource use with OpenVINO™ technology running on Intel® Core™ Ultra processors. OpenVINO™ is an open-source software toolkit designed for optimizing and deploying deep learning models. It significantly reduces development time by streamlining code implementation, facilitates rapid scalability, and enhances the efficiency of AI solutions. This collaboration ensures that advanced medical AI solutions can be deployed across all levels of medical institutions to process color retinal images in real-time, thereby making the solution more accessible while enhancing diagnostic efficiency and accuracy.

Rising Diabetes Prevalence and Aging Population in Malaysia Drive AI Ophthalmology Adoption

According to data from the Malaysian Medical Device Authority (MDA), Malaysia has one of the highest diabetes prevalence rates in Southeast Asia. Diabetes affects 18.3% of adults aged 18 and above, meaning approximately one in five Malaysians is diagnosed with the disease. With an aging population, the incidence of diabetic complications, including diabetic retinopathy, is expected to rise.

Additionally, Malaysia is transitioning into an aging society, with the proportion of individuals aged 65 and above projected to reach 15.3%* by 2040. Age-related macular degeneration has become a leading cause of vision impairment among the elderly, underscoring the urgent need for early detection and preventive ophthalmic care.

Acer Medical collaborates with hospitals and clinics in Malaysia to evaluate AI-driven medical solutions, enhancing diagnostic accuracy and efficiency. The VeriSee AI ophthalmic screening software analyzes color fundus images within seconds, providing high-accuracy detection of diabetic retinopathy and age-related macular degeneration. AI screening technology improves medical efficiency, enabling faster diagnoses at primary care facilities and ensuring timely treatment recommendations.

Intel® OpenVINO™ Enhances AI Performance and Accessibility in Clinical Settings

To ensure the seamless operation of AI medical solutions in clinical settings, Acer Medical has partnered with Intel to offer a trial program featuring the VeriSee series AI solutions with OpenVINO™ technology deployed on laptops powered by Intel® Core™ Ultra processors. This collaboration is being implemented in leading hospitals such as Universiti Malaysia Sabah Hospital (HUMS) and International Medical University (IMU) Hospital.

OpenVINO™ accelerates AI inference with lower latency and higher throughput while maintaining accuracy, allowing real-time image analysis for healthcare professionals, thereby improving decision-making accuracy. In this collaboration, it optimizes the VeriSee AI series workflow, including though processing and diagnostic efficiencies.

Expanding AI Healthcare Solutions Across Southeast Asia

Acer Medical’s VeriSee AI solutions have been adopted by leading medical institutions globally and obtained regulatory certifications from Thailand, Indonesia and the Philippines. The company remains committed to improving AI-assisted medical solutions by collaborating with local healthcare institutions. In the coming years, Acer Medical aims to further deploy AI medical solutions, optimize medical resource allocation, and improve early disease detection capabilities through strategic collaborations and continuous innovation in AI healthcare technologies.

*Diabetes Medication Therapy Adherence Clinic Protocol from MOH Malaysia
https://pharmacy.moh.gov.my/sites/default/files/document-upload/dmtac-protocol-2022.pdf 

*Healthy Ageing in Malaysia by 2030: Needs, Challenges and Future Directions
https://pmc.ncbi.nlm.nih.gov/articles/PMC11376998/

Webull Launches SMSF Offering for Australian Investors

  • Webull’s new SMSF offering allows investors to preserve performance by avoiding unnecessary fees
  • Webull SMSF accounts gain access to zero brokerage fees on over 3,500 US and Australian ETFs
  • Enhanced portfolio management tools for SMSF accounts, including auto-investing, DIY portfolio management, and cash management to help manage investments for retirement

SYDNEY, March 31, 2025 /PRNewswire/ — Webull Securities (Australia) Pty Ltd (‘Webull Australia’), a subsidiary of Webull Corporation, the owner of the popular Webull trading platform, today announced the launch of its Self-Managed Superannuation Fund (SMSF) offering in Australia.

This new offering makes SMSF investing easier by providing a platform with no monthly fees while offering advanced features like live streaming ASX prices, live support, free trade ideas, and Webull’s Learning Centre alongside a range of screening and charting tools. On the Webull platform, Australian investors can now manage their SMSFs and other key investments in one place.

With $0 commission trading on ASX and US ETFs, full portfolio control, and comprehensive investment tools, Webull aims to improve market accessibility for SMSFs, especially for younger investors looking to lower costs, while gaining more control over their super fund and retirement savings.

Lower costs improve gains

Lower brokerage fees, commission-free trading on over 3,500 ETFs and zero monthly platform costs reduce the overall running expenses of an SMSF, which, in turn, can help investors improve the SMSF’s annual performance. Regulatory and other fees may apply.

While lower fees are attractive to SMSF investors, the usual payoff is a no-frills trading platform. But SMSF investors need more tools and more control, not less – for this reason, we’ve built a full-service suite that allows for institutional-grade cash management, professional trading tools and live support, alongside features that are associated with platforms that charge high monthly fees,” says Rob Talevski, CEO of Webull Securities Australia

“We believe that Webull offers the ultimate trading and investing portal to house and manage SMSF investors’ cash, equity, ETF, warrants and options holdings, allowing investors to log in and get full control over their investments.”

Meeting the Growing Demand for SMSF and Company Accounts

Listed shares and cash are the two biggest asset classes for SMSFs in Australia, which has resulted in greater demand for services that support these investments. Younger investors, in particular, are driving this trend, as they seek platforms that minimise fees and maximise control.

By providing a flexible, low-cost, and transparent platform, Webull is ensuring that Australians can plan for their retirement on their own terms, without unnecessary costs eroding their long-term SMSF performance.

To find out more, visit  www.webull.com.au/smsfs

ENDS

Media contact:
Cognito for Webull
Webull@cognitomedia.com

About Webull Australia

Webull Securities (Australia) Pty. Ltd. is a leading financial services provider, holding an Australian Financial Services Licence (AFSL 536980) and regulated by the Australian Securities and Investments Commission (ASIC). As a trading participant of both the Australian Securities Exchange (ASX) and Cboe Australia, and a principal member of the Stockbrokers and Investment Advisers Association, Webull ensures the highest standards of service and security. All client funds are securely held in client money trust accounts at an approved Authorized Deposit-taking Institution (ADI), and all Australian shares are CHESS-sponsored.

About Webull Group

Webull is a leading digital investment platform built on next generation global infrastructure. The Webull Group operates in 15 regions globally and is backed by private equity investors located in the United States, Europe and Asia. Webull serves more than 20 million registered users globally, providing retail investors with 24/7 access to global financial markets. Users can put investment strategies to work by trading global stocks, ETFs, options, futures and fractional shares through Webull’s trading platform, which seamlessly integrates market data and information, its user community, and investor education resources. Learn more at https://www.webullcorp.com/.

Myanmar Earthquake: Death Toll Rises to 1,700 as International Aid Arrives

Myanmar Earthquake: Death Toll Rises to 1,700 as International Aid Arrives
Medical officers rescuing people from the collapse building (photo credit: outroteaddict on X)

Myanmar is grappling with the devastating aftermath of a magnitude-7.7 earthquake that struck on 28 March, leaving more than 1,700 people dead and over 3,400 injured. 

Odoo in Vietnam: Supporting SME Growth and Digital Transformation

HANOI, Vietnam, March 31, 2025 /PRNewswire/ — Business management software Odoo wrapped up successful Business Shows themed “Explore and Grow Business Potential Through ERP System” in Hanoi and Ho Chi Minh City together with sponsoring partners A1 Consulting, SGH Asia, Portcities Việt Nam, and customers fashion retailers BOO, Kính Mắt Anna, and Thế Giới Skin Food.

Greeting 750 industry pioneers in person, Odoo announced the €500 million transaction led by CapitalG and Sequoia Capital and showcased its latest product version, Odoo 18.

Odoo received 750 industry pioneers at Business Shows 2025 in Hanoi and Ho Chi Minh City.
Odoo received 750 industry pioneers at Business Shows 2025 in Hanoi and Ho Chi Minh City.

Live Product Showcase

Guests in attendance witnessed Odoo’s capacity to centralize sales, projects, inventory, and more business management online in real-time into one platform, as well as flexibility in low-code customizations for different sectors to optimize operational efficiency in the modern workplace.

Scalable yet no less comprehensive, Odoo powers through every stage of its customers’ business expansion, supporting each operation with one of the thousands of official and third-party apps.

Implementation Partner Panel & Customer Testimonial

“Odoo offers an open-source, flexible, and comprehensive suite to manage business. As local partners, our job is to ensure a seamless digital transformation with clear roadmap and support,” said Nguyễn Đình Anh, Hanoi Branch Director & Head of Delivery of A1 Consulting.

During the partner panel, Odoo’s local implementers, A1 Consulting, SGH Asia, and Portcities Việt Nam stressed digital adoption importance in modern business. Given Odoo’s flexibility, partners acknowledged Odoo as a choice for SMEs to transform digitally, scale businesses, and exchanged tips on smooth transition.

CTO of BlueOcean Trading Limited and legal presenter of Thế Giới Skin Food, Tony Lê Thảo, testified onstage in praise of the software’s power to unify all retail business activities into one platform, backing faster communication.

Off stage, local fashion and accessory houses BOO and Anna Eyeglasses shared their experiences utilizing Odoo for integrated sales, inventory, and finance management over the latest fashion and business trends.

View Odoo’s upcoming event schedule to connect with your local IT service providers and industry leaders, or schedule an online call with Odoo to learn more about its services in Vietnam.

About Odoo

With 70+ official apps and 57k+ third-party apps, Odoo manages businesses’ finance, sales, inventory & manufacturing processes, human resources, marketing, team productivity, and more. The Belgian open-source service provider operates in 19 countries and regions worldwide, including the United States, Indonesia, Dubai, and Hong Kong SAR.