32.9 C
Vientiane
Saturday, July 5, 2025
spot_img
Home Blog Page 633

CR Construction Announces Annual Results

Recorded Double-Digit Growth in Revenue and Gross Profit, Proposed a Final Dividend of HK1.8 Cents per Share


Highlights:

  • Revenue increased by 11.4% to approximately HK$6,066.0 million.
  • Revenue generated from building construction works increased by 15.1% to HK$5,414.5 million.
  • Gross profit increased by 15.4% to HK$353.2 million.
  • Basic earnings per share was HK10.74 cents. The Board recommended the payment of final dividend of HK1.8 cents per share.


Financial Highlights:

For the year ended 31 Dec 2024
HK$’000 2024 2023 Change
Revenue

  • Building Construction Works
  • Repair, Maintenance, Alteration and Addition (“RMAA”)
  • Environmental Operations
6,066,037

5,414,578
511,985
139,474

5,445,560

4,703,000
528,681
213,879

+11.4%

+15.1%
-3.2%
-34.8%

Gross profit
Gross profit margin
353,232
5.8%
305,991
5.6%
+15.4%
+0.2 ppts.
Net profit (attributable to Owners of the Company) 53,715 71,887 -25.3%
Earnings per share (HK cents) 10.74 14.38 -25.3%

HONG KONG SAR – Media OutReach Newswire – 21 March 2025 – CR Construction Group Holdings Limited (“CR Construction” or the “Company”, together with its subsidiaries, the “Group”; stock code: 1582.HK), a building contractor in Hong Kong, announced its annual results for the year ended 31 December 2024 (the “Financial Year under Review”).

During the Financial Year under Review, the revenue recorded by the Group amounted to approximately HK$6,066.0 million representing an increase of approximately 11.4% as compared to approximately HK$5,445.6 million for the year ended 31 December 2023 (the “Corresponding Period Last Year”). Net profit of the Group (attributable to Owners of the Company) during the Financial Year under Review was approximately HK$53.7 million.

During the Financial Year under Review, gross profit of the Group was approximately HK$353.2 million, representing an increase of approximately 15.4% as compared to approximately HK$306.0 million for the Corresponding Period Last Year. The Group’s gross profit margin was approximately 5.8% and 5.6% for the year ended 31 December 2024 and 2023, respectively.

During the Financial Year under Review, earnings per share of the Group was approximately HK10.74 cents (for the year ended 31 December 2023: HK14.38 cents). The Board recommended the payment of final dividend of HK1.8 cents per share.

BUSINESS REVIEW

Construction Operations
Building Construction Works

For the year ended 31 December 2024, the revenue generated from the building construction works was HK$5,414.5 million, representing an increase of approximately 15.1% as compared to approximately HK$4,703.0 million for the year ended 31 December 2023.

During the Financial Year under Review, the gross profit of building construction works was approximately HK$238.1 million, representing an increase of approximately 16.5% as compared to approximately HK$204.4 million for the Corresponding Period Last Year. The gross profit margin was approximately 4.4% for the year ended 31 December 2024.

Repair, Maintenance, Alteration and Addition (“RMAA”)

The revenue generated from the RMAA works decreased by approximately 3.2% from approximately HK$528.7 million for the year ended 31 December 2023 to approximately HK$512.0 million for the year ended 31 December 2024. The decrease was mainly attributable to existing projects were closed to completion during the Financial Year under Review.

During the Financial Year under Review, the gross profit of RMAA works was approximately HK$70.9 million, representing an increase of approximately 14.9% as compared to approximately HK$61.7 million for the Corresponding Period Last Year. The gross profit margin increased by approximately 2.1 ppts to approximately 13.8%.

Environmental Operations

The revenue generated from the environmental operations was decreased from approximately HK$213.9 million for the Corresponding Period Last Year to approximately HK$139.5 million for the Financial Year under Review. The decrease was mainly attributable to decrease in revenue from new and existing projects from construction and rehabilitation services, which was partially offset by increase from sewage and reclaimed water treatment services, during the Financial Year under Review.

During the Financial Year under Review. The gross profit of environmental operations was approximately HK$44.2 million, representing an increase of approximately 10.8% as compared to approximately HK$39.9 million for the Corresponding Period Last Year. The gross profit margin increased by approximately 13 ppts to approximately 31.7%.

CONTRACT COSTS

The Group’s contract costs primarily consisted of subcontracting costs, material costs, direct staff costs, site overheads and provision for rectification works and claims. For the year ended 31 December 2024, the contract costs recorded by the Group were approximately HK$5,712.8 million, representing an increase of approximately 11.2% compared to approximately HK$5,139.6 million for the year ended 31 December 2023.

PROSPECTS

Subsequent to 31 December 2024, the Group has been further awarded 4 new projects relating to 2 building construction works contracts with original contract sum of approximately HK$4.1 billion and 2 RMAA works contract and with original contract sum of approximately HK$22.4 million.

The Group has also placed significant emphasis on technological innovation to enhance its core competitiveness in the construction industry. The total expenditure for research and development was approximately by HK$20.1 million.

During the Financial Year under Review, the Group has improved our “Smart Site Safety System (4S)” and successfully obtained the ISO27001 certification. There are several key modules had been optimised, including adding the Hong Kong Observatory’s real-time data to the system platform, enhancing the data interface visualization, advancing RFID equipment and systems, which further enhanced the efficiency of the tower crane and mobile plant safety alert systems, better meeting the practical needs of site workers. In addition, the Group has successfully developed a Safety Tracking Watch for construction sites, which can real-time monitor the location and health status of site workers, providing comprehensive safety protection. At the same time, the company has also optimised the certificate module in the training system, adding OCR scanning and data tracking functions to improve asset management efficiency and user experiences.

The Group has also signed a memorandum of understanding (“MOU”) with the Hong Kong Centre for Construction Robotics, strengthening the collaboration in the area of innovation in the construction industry, such as smart construction technology research and development, robotics applications, talent cultivation, and commercialization. The joint efforts aim to promote intelligence and sustainability in the construction industry.

In addition, the ZCIEE has successfully developed an integrated rural domestic sewage treatment equipment, which has already passed the performance test by a third-party testing institution. The equipment has successfully achieved commercialized sales, marking an important step for the company in converting its proprietary technology into economic benefits.

The Group will enhance its technology research and development, and is committed to introducing various innovative technology tools in both construction and environmental projects to improve management efficiency, construction safety and environmental protection.

Since the sentiment of the property market is gradually stabilising, the outlook for 2025 should remain stable. Additionally, with ongoing projects in new development areas like the Northern Metropolis, they are expected to have a positive impact on our Group’s business. However, the Group will still face challenges such as talent shortages, increasing skilled labour and material costs in the construction industry.

To address these challenges, the Group will continue to enhance the utilisation of the Labour Importation Scheme for the Construction Sector and focus on identifying new and potential construction opportunities for profitable growth. In addition, leveraging our industry experience and expertise, our Group is keen to explore suitable business opportunities in the construction sector both locally and overseas.Hashtag: #CRConstruction #華營建築 #AnnualResults

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

CR Construction Group Holdings Limited

CR Construction Group Holdings Limited, which is carrying out construction business for over 55 years locally, is one of the leading building contractors in Hong Kong. The Group principally act as a main contractor in building construction works and RMAA works projects across public and private sectors in Hong Kong. As a main contractor, the Group is responsible for (i) overall management of the projects; (ii) formulating work programmes; (iii) engaging subcontractors and supervising their works; (iv) sourcing construction materials; (v) communication and coordination with the customers and their consultant teams; and (vi) safeguarding compliance with safety, environmental and other contractual requirements.

Trend Micro to Open-source Model and AI Agent to Drive the Future of Agentic Cybersecurity

Leveraging NVIDIA AI to deliver powerful proactive security and scalable threat prevention for GenAI applications


HONG KONG SAR – Media OutReach Newswire – 21 March 2025 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, today announced the open-sourcing of Trend Cybertron1, an AI model and agent framework designed to accelerate the development of autonomous cybersecurity agents. As one of the first specialized cybersecurity LLMs, it provides organizations and researchers worldwide access to advanced cybersecurity capabilities at no cost2. The specialized Trend Cybertron model is fine-tuned using Llama 3.1 and supports rapid, reliable deployment with NVIDIA NIM inference microservices on NVIDIA accelerated infrastructure.

Kevin Simzer, COO at Trend Micro: “The secret sauce of Trend Cybertron is the data it continuously learns from, fine-tuned for optimized threat detection and mitigation. By bringing to bear the very highest quality threat data and NVIDIA’s industry-leading AI expertise, we’ve made proactive security a reality, enabling us to predict and prevent threats like never before. This innovation isn’t just a win for our customers—it’s about making the entire digital, connected world a safer place.”

Global organizations are struggling to innovate and grow while being weighed down by security challenges, fragmented point solutions, and an overwhelming flood of threat alerts. The complexity demands a shift to a proactive approach. Powered by NVIDIA AI at the core, Trend Cybertron moves beyond chasing threats, applying intelligent, decision-making AI agents to predict and respond.

Pat Lee, Vice President of Strategic Enterprise Partnerships at NVIDIA: “With the ability to understand, reason and take action, AI agents give organizations a powerful new cybersecurity tool. Agentic AI security agents built with the Trend Cybertron model and framework using NVIDIA AI can analyze massive amounts of data in real time to detect potential threats, adapt dynamically, and respond autonomously. ”

To operationalize this vision, Trend has built its agentic AI strategy with NVIDIA AI software to accelerate cybersecurity automation, helping organizations proactively manage risks with resource scanning, risk assessment, priority-based reasoning, and actionable remediation suggestions.

Organizations can apply multiple blueprints and seamlessly integrate AI agents to automate security tasks with resource scanning, proactively mitigate threats, and scale their defenses to manage threats more effectively, all within the NVIDIA ecosystem. Specifically, this will help:

  • Enhance security posture: enabling teams to precisely anticipate risk across the entire attack surface.
  • Reduce alert overload: alleviate fatigue for SecOps teams through more accurate prioritization.
  • Save developers’ time: overcome security skills shortages by providing actionable insights to help them identify and remediate risks.
  • Unleash greater value: deliver more powerful insights from existing risk sensors.

Trend Cybertron is designed to proactively manage risk, leveraging threat intelligence from over 250 million sensors worldwide—the broadest in the industry. It interprets user queries, generates actionable plans, and performs a holistic risk assessment by retrieving real-time cybersecurity intelligence from Trend Micro’s cloud, ultimately providing with tailored recommendations and best practices to secure an enterprise’s AI systems.

NVIDIA provided support and AI microservices for developing and deploying the model. Trend Micro trained and optimized the Trend Cybertron model for inference using NVIDIA DGX supercomputing to reduce the time required to fine-tune the model.

Trend Cybertron currently consists of an 8-billion-parameter AI model and an initial specialized AI agent, with additional models and agents in development to expand its cybersecurity capabilities. A larger and more advanced version with 70-billion-parameter of the model is planned for the near future to address the cybersecurity challenges of tomorrow.

To learn more about Trend Cybertron, please visit Trend Micro at NVIDIA GTC: https://resources.trendmicro.com/NVIDIA-GTC-event.html

1: Trend Cybertron is licensed under the Trend Micro Community License, which restricts its use in connection with any competing product or service. For full license details, visit Trend Micro Community License.

2: Access to Trend Cybertron is open-source, but the use of NVIDIA infrastructure, such as GPUs, may involve associated costs.
Hashtag: #trendmicro #trendvisionone #visionone #cybersecurity #trendcybertron #cybertron




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

Trend Micro

Trend Micro, a global cybersecurity leader, helps make the world safe for exchanging digital information. Fueled by decades of security expertise, global threat research, and continuous innovation, Trend Micro’s cybersecurity platform protects hundreds of thousands of organizations and millions of individuals across clouds, networks, devices, and endpoints. As a leader in cloud and enterprise cybersecurity, the platform delivers a powerful range of advanced threat defense techniques optimized for environments like AWS, Microsoft, and Google, and central visibility for better, faster detection and response. With 7,000 employees across 65 countries, Trend Micro enables organizations to simplify and secure their connected world.

Former Electricité du Laos Officials, Contractors Face Prosecution Over Corruption

Nam Hinboun Dam (Photo: Hobomaps)

A former Deputy Director of Electricite du Laos (EDL) and four contractors, including one foreign national, are facing prosecution for corruption and fraud involving state property in connection with the Nam Hinboun Hydropower Project in Thonglom village, Khounkham district, Khammouane Province.

Trust issues: Octa’s survey about brokers’ red flags

Many factors come into play when choosing a reliable broker to start your trading journey. For someone with limited experience in the markets, this choice can be very confusing, and the priorities are hard to define. However, traders have their own trove of practical knowledge, and tapping into it can shed light on brokers’ red flags. As part of its global research, global broker Octa surveyed hundreds of Malaysian CFD traders to determine what warning signs make them avoid financial brokers.


KUALA LUMPUR, MALAYSIA – Media OutReach Neswire – 21 March 2025 – Advertisements always show only one side of the coin, regardless of what is advertised. The drawbacks, on the other hand, often become known the hard way in practice. Everyone has had negative experiences with certain products or services and will never choose them again.

Octa

This is especially true of e-brokerage services, where the entire trader’s journey depends on the broker and the trading platform. Any misstep on the part of the broker can be detrimental not only to the client’s experience but also to their funds. So, what are the most common red flags in brokers, according to Malaysian traders?

The signs of unreliability
When asked what signs are most indicative of a broker’s unreliability, survey participants named the following red flags:

  • chart manipulations (54%)
  • slow deposit or withdrawal transactions (51%)
  • price slippage and non-execution of orders without any visible underlying market reason (36%)
  • the broker’s quotes significantly differ from the quotes of other brokers (34%).

These results show that a predictable and fair trading environment is a crucial factor determining Malaysian traders’ willingness to engage with a certain broker. As things stand, the broker is responsible for providing complete transparency and adequate proof of value to its clients.

As a trusted and highly experienced broker, Octa works with independent, third-party liquidity providers to offer non-distorted market prices to its clients. In turn, liquidity providers aggregate prices using data from multiple sources, including banks and large financial institutions. As a result, chart prices are beyond the broker’s control.

Octa also provides access to historical chart data so that traders can verify that the broker’s prices align with actual market conditions and that there were no chart manipulations or price slippages at any given time.

Fair commissions and fast withdrawals are top priorities
When asked what broker’s flaw is the major deal-breaker, Malaysian traders highlighted three main factors:

  • high spreads and disadvantageous trading commissions (36%)
  • slow deposits or withdrawals (25%)
  • non-transparent commission model for deposits and withdrawals (18%).

It is safe to say that withdrawal-related issues come to the fore for Malaysian traders when considering brokers’ red flags. This is further substantiated by the fact that 47% of survey participants said they would stop working with a broker in case of unjustified delays in or blocking of withdrawal transactions.

Another 23% of respondents indicated they would immediately take their trading elsewhere if their broker charged higher withdrawal commissions than previously indicated.

At the end of the day, the only way to make sure your broker is trustworthy is by trying it out yourself. For example, Octa addresses this concern by offering a highly efficient and fast withdrawal procedure that helps traders establish a long and trusting relationship with the broker and focus on trading instead of background factors.

Whom to trust?
The difficulties in choosing a reliable source of insights and updates are a well-known issue in the trading community. The spreading of misinformation and the proliferation of online experts with questionable credentials can cause a lot of confusion, especially among less experienced traders.

When asked what signs indicate that a source of information can be fraudulent, 52% of respondents highlighted aggressive advertising. The most popular answers also include:

  • promotion of scam investment projects (37%)
  • trading signals manipulations (37%)
  • lack of online reviews (31%)
  • unconvincing member success stories (31%).

This distribution of answers in Octa’s survey reflects a high demand for security measures on the part of the broker. Malaysian traders’ stance calls for thorough and efficient know-your-customer procedures that help brokers safeguard their clients from fraud and scams. Aggressive, self-imposing tactics in broker’s advertising also come across as a major red flag.

Safety remains in the limelight
As the previous question shows, various kinds of fraud are significant issues for many Malaysian traders. What’s more, when asked about fraud in trading education and mentoring, 23% of respondents professed to know traders who were scammed by fake educators, coaches, and mentors. What’s more, 16% have paid for false trading signals, and 14% have paid for a useless trading course.

These results reflect a justifiably high dependency on efficient security measures and tools on the part of a broker. The modern cyber threat landscape is very complex, and keeping track of the best international practices is a must for any client-oriented broker. It is only natural that global brokers have a competitive edge in that respect. Their extensive reach allows them to absorb and integrate the most advanced security practices and tools from various regions, offering their clients the most efficient solutions.

Octa

Conclusion
According to Octa’s survey, Malaysian CFD traders tend to view the ease and speed of withdrawals as a direct indicator of a broker’s trustworthiness and reliability. A fast, hassle-free withdrawal process allows traders to feel more in control of their financial decisions, ensuring they can access their profits or capital when needed.

The research also established that Malaysian traders prefer to work with brokers that provide a sense of security and transparency. They look for fair and consistent processes and want to avoid hidden fees or complex withdrawal conditions. If these requirements are met, brokers will have a much higher chance of establishing long-term relationships with clients based on mutual respect and clarity.

Disclaimer: Trading involves risks and may not be suitable for all investors. Use your expertise wisely and evaluate all associated risks before making an investment decision.

Hashtag: #octa

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

Octa

is an international CFD broker that has been providing online trading services worldwide since 2011. It offers commission-free access to financial markets and various services used by clients from 180 countries who have opened more than 52 million trading accounts. To help its clients reach their investment goals, Octa offers free educational webinars, articles, and analytical tools.The company is involved in a comprehensive network of charitable and humanitarian initiatives, including the improvement of educational infrastructure and short-notice relief projects supporting local communities.In Southeast Asia, Octa received the ‘Best Trading Platform Malaysia 2024’ and the ‘Most Reliable Broker Asia 2023’ awards from Brands and Business Magazine and International Global Forex Awards, respectively.

IPRS elects new President and Council for 2025/27 term


SINGAPORE – Media OutReach Newswire – 21 March 2025 The Institute of Public Relations of Singapore (IPRS) unveiled its 2025/27 Council lineup at its 55th Annual General Meeting & Election on March 14.

Members of the Institute of Public Relations of Singapore Council 2025/27. Left to right: Serene Loo, Felicia Wee, Vanessa Wan, Cindy Lee, Koh Juat Muay, President Ross Gan (centre), Selvi R, Juliet Samraj, Jeanie Lee and Jini Pillai.
Members of the Institute of Public Relations of Singapore Council 2025/27. Left to right: Serene Loo, Felicia Wee, Vanessa Wan, Cindy Lee, Koh Juat Muay, President Ross Gan (centre), Selvi R, Juliet Samraj, Jeanie Lee and Jini Pillai.

President: Ross Gan
Vice-President: Vanessa Wan
Honorary Treasurer: Cindy Lim
Honorary Secretary: Jini Pillai
Council member: Serene Loo
Council member: Jeanie Lee
Council member: Juliet Samaj
Council member: Kelvin Koh
Council member: Selvi R
Council member: Felicia Wee
Immediate Past President [2021-2025]: Koh Juat Muay

Communications and public affairs veteran Ross Gan is the new President of the IPRS for the 2025/27 term. Mr Gan is the Chief Communications Officer of Bitdeer Technologies Group, and has previously held senior leadership roles in Matrixport, Temasek and Huawei Technologies.

Says incoming IPRS President Ross Gan: “Each new Council stands on the shoulders of those who have come before. IPRS has benefitted from Juat’s stewardship mindset – working tirelessly alongside the Council to purposefully shape an IPRS that is future ready. To thrive as the centre of excellence for communication professionals, the operating realities of today’s industry practitioners must be adequately reflected in the value proposition of the IPRS. Having a good market fit will serve us well in our brave new world of disintermediation, fragmentation, fake news, online scams and generative AI.”

“From corporate boardrooms to philanthropic causes, the IPRS is standard bearer for the art and science of the communications discipline which is the undeniably lynchpin in navigating these secular trends to reinforce trust amongst stakeholders.”

Ross Gan will take over the baton from Immediate Past President Koh Juat Muay. Says Ms Koh: “It has been an honour and privilege to serve as President of the IPRS for two terms. The last four years has been a fulfilling journey of giving back to the Institute and industry that I love. My deepest thanks to my fellow Council members, members of IPRS and the Secretariat team for their immense help and support. My best wishes to the excellent new Council 2025/27. The future is bright for PR and the IPRS.”

Hashtag: #IPRS

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

About IPRS

IPRS, established in 1970 as a non-profit organisation, is the only accrediting body for Public Relations (PR) practitioners in Singapore. The Institute promotes excellence in the industry through knowledge exchange platforms and training programmes that are aligned with the many changes and developments in the practice of PR and Communications today.

IPRS has a growing membership consisting of professionals from diverse backgrounds in public relations, journalism, advertising, marketing, education and management – a factor that has contributed to the Institute’s strength and dynamism. There are ten Student Chapters with various tertiary institutions to create opportunities for communications students and IPRS members to share expertise and experiences.

The IPRS introduced the Biennial PRISM Awards (Public Relations In the Service of Mankind) in 1987 to recognise and reward excellence in PR and Communications in Singapore and regionally. The IPRS PRISM Summit was established in 2022 to further industry development and growth, and held biennially, alternating with the IPRS PRISM Awards. Together they present a community platform to lead and showcase the PR industry’s best in Singapore and the region.

China Mobile International Launched “AI+ Global Solutions” and “CMI AI LLM Integrated Server” at AI+ Era Global Development Forum


HONG KONG SAR – Media OutReach Newswire – 20 March 2025 – China Mobile International (“CMI”) hosted the AI+ Era Global Development Forum in Hong Kong on March 19. Distinguished guests included Li Huidi, Executive Vice President of China Mobile; Mu Chenhong, Deputy Director of the Information Center, Liaison Office of the Central People’s Government in the Hong Kong SAR; Wong Chi Kwong, Tony, JP, the Commissioner for Digital Policy of the HKSAR Government; Norman Chan Tak-lam, GBS, JP, Founding Chairman of the Council of Institute of Web 3.0 Hong Kong and former chief executive of the Hong Kong Monetary Authority; and H.E. Chun Vat, Ministry of Post and Telecommunications of the Kingdom of Cambodia. Under the theme “AI-Powered Voyage: Navigating Global Horizons”, the Forum brought together over 800 leaders from government, industry, academia and the ecosystem to explore collaborative opportunities for leveraging artificial intelligence (AI) technology to promote the overseas expansion of Chinese enterprises.

Li Huidi, Executive Vice President of China Mobile, delivered the opening address.
Li Huidi, Executive Vice President of China Mobile, delivered the opening address.

In his speech, Li Huidi stated that the deep integration of artificial intelligence and the new generation of information technology has led to the new “AI+” era across various sectors. “AI+” brings five “news”: First, it creates new scenarios for an intelligent lifestyle, where the increasingly popular AI devices, from autonomous driving to smart home assistants, are making smart living more accessible. Second, it unlocks new paths for technological inclusivity, the innovation of open-source LLMs significantly reduces the costs of AI training, enhances reasoning capabilities, and broadens application scenarios. Third, it leads to a new pace in technological development, with “AI for Science” emerging as a mainstream paradigm for technological innovation, greatly improving research efficiency and productivity. Fourth, it reshapes new paradigms for industry transformation, with AI LLMs integrating “general capabilities + specific knowledge” deeply into industry production processes, dramatically boosting productivity. Fifth, it constructs a new form of social governance, where clusters of intelligent agents create a new model of “human-machine co-governance” through intelligent decision-making, raising the standard of modernization in social governance.

Li Huidi reaffirmed China Mobile’s commitment to positioning itself as “a world-class information service technology innovation company”. The company is advancing the “AI+” action plan and systematically building “AI+” infrastructure, accelerating “AI+” technology development and deepening the scenario application of “AI+” to provide support for the global socio-economic digital transformation. Mr. Li also proposed four “AI+” initiatives: First, to foster the industry integration by enhancing synergy across the “AI+” industry through the establishment of a comprehensive international intelligent system and fostering advancement across all sectors. Second, to focus on cooperation within the “AI+” ecosystem by working together to promote the prosperity of the “AI+” ecosystem and making “AI+” services accessible to every industry. Third, to promote global expansion of “AI+” technologies by establishing “AI+” super-nodes to position the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) as the leading hub for global AI innovation. Fourth, to foster international collaboration on “AI and ensure global access to the benefits of digital intelligence.

During the forum, CMI announced the launch of the “AI+ Global Solutions” and the “CMI AI Large Language Model (LLM) Integrated Server”. In additional, CMI and various ecosystem partners initiated the “AI+ Go Global Ecosystem Alliance” to collaborate with leading industry experts and partners in exploring how AI can empower diverse industries during the digital transformation and reshape the future industry landscape.

China Mobile International held the launch ceremony of the AI+ Global Solutions and AI LLM Integrated Server.
China Mobile International held the launch ceremony of the AI+ Global Solutions and AI LLM Integrated Server.

CMI AI+ Global Solutions: Empowering Intelligent Transformation for Global Enterprises

Tailored to five major industries of technology, manufacturing, transportation and logistics, finance, and energy, the CMI AI+ Global Solutions framework is built on a five-layer product system that encompasses everything from fundamental connectivity to solutions to fully address all segments of digital transformation for enterprises. It integrates core capabilities, such as LLMs, IoT connectivity management, and multi-cloud management, to deliver standardized platform-based universal solutions. With this innovative approach, CMI is helping enterprises to achieve efficient and flexible intelligent transformation in the “AI+” era. It provides robust digital support for global expansion, equipping businesses with the tools necessary to compete successfully in the global market.

CMI AI LLM Integrated Server: New Benchmark for Cross-Border AI Infrastructure

The CMI AI LLM Integrated Server is an intelligent computing system designed for secure and private data processing within enterprises. With local deployment, it operates within company’s private environment, ensuring data security while optimizing computing efficiency and intelligent processing. The server leverages CMI’s strengths in resource integration, including computing power deployment, LLMs, and scenario-based industry applications, to seamlessly integrate hardware, software, and network, significantly reducing deployment and maintenance costs. The CMI AI LLM Integrated Server is debut in February, achieving a successful deployment in the Asia-Pacific financial services sector.

China Mobile International held the launch ceremony of the AI+ Go Global Ecosystem Alliance.
China Mobile International held the launch ceremony of the AI+ Go Global Ecosystem Alliance.

AI+ Go Global Ecosystem Alliance: Open and Collaborative AI Industry Ecosystem

During the Forum, CMI collaborated with various industry partners to launch the AI+ Go Global Ecosystem Alliance. It aims to create an open, cooperative, and mutually beneficial “AI+” ecosystem by integrating top industry resources. The alliance will work with partners to offer full-stack capabilities, encompassing AI computing power, models, and applications, and to explore diverse scenarios to expedite AI deployment across industries such as technology, manufacturing, transportation and logistics, finance, and energy.

Recognizing the power of ecosystem-driven innovation, CMI launched the iSolutions Partner Ecosystem Alliance in early 2024. Known as the iStar Program, it is designed to broadly expand the “AI+” service sector, promote resource sharing, and support Chinese enterprises in their global expansion. As “AI+” technology evolves, the iStar Program is being continuously upgraded. The establishment of the AI+ Go Global Ecosystem Alliance marks a significant milestone for the iStar Program, further consolidating industry resources, accelerating the overseas expansion of Chinese enterprises and their global presence.

In addition, CMI joined forces with industry experts in AI computing, LLMs, and robotics in a roundtable discussion that explored commercial AI applications, emerging challenges, and future transformation trends.

Looking ahead, CMI will remain dedicated to openness and collaboration, working alongside global partners to drive innovation and embrace opportunities and challenges in the “AI+” era. From the foundation of the three core initiatives announced – CMI AI+ Global Solutions, CMI AI LLM Integrated Server and AI+ Go Global Ecosystem Alliance – CMI is set to expedite AI technology deployment worldwide, empowering diverse industries and helping enterprises navigate the competitive global landscape.
Hashtag: #ChinaMobileInternational

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

About China Mobile International Limited

China Mobile International Limited (CMI) is a wholly owned subsidiary of China Mobile. In order to provide high quality services to meet the growing demand in the international market, China Mobile established CMI in December 2010, headquartered in Hong Kong, China. CMI has expanded its footprint to 39 countries and regions.

Leveraging strong support from China Mobile, CMI is a trusted partner that provides comprehensive international information services and solutions to enterprises, carriers, and mobile users. Please visit for more information.

World Athletics Indoor Championships Enter ‘Nanjing Time’


NANJING, CHINA – Media OutReach Newswire – 20 March 2025 – From March 21 to 23, the 2025 Nanjing World Athletics Indoor Championships will take place in the city. As China’s first hosting of the World Indoor Athletics Championships, this event follows the 2015 Beijing World Athletics Championships as another top-tier global track and field competition in China.

Venue of the 2025 Nanjing World Athletics Indoor Championships - "Nanjing Cube"
Venue of the 2025 Nanjing World Athletics Indoor Championships – “Nanjing Cube”

Taking the “Nanjing Cube” indoor athletics stadium as its core platform, Nanjing is leveraging international events to drive urban development. Equipped with cutting-edge technologies like Hawk-Eye systems and motion capture facilities, the stadium can host all 26 indoor track and field events. Data shows that Nanjing’s sports industry has reached a total scale of 131 billion yuan, with an added value of 41 billion yuan accounting for 2.3% of GDP. The city has gathered over 200 sports enterprises, including 87 in its sports technology park covering emerging sectors like smart wearables and sports rehabilitation. The integration of sports and cultural tourism receives over 1 million annual visitors.

Nanjing has established a “15-minute fitness circle” with 95% community sports park coverage and 3.2 square meters of sports space per capita – among the highest nationally. Innovating with a “One Festival Six Seasons” sports consumption model, the city distributed tens of millions of yuan in subsidies in 2024 to foster emerging sports like aviation sports and rowing. Through smart sports park initiatives and embedded pitch renovations, it hosts over 3,000 mass fitness events annually, creating an active mass fitness culture.

Building on Youth Olympic legacy, Nanjing Youth Olympic Sports Park has welcomed over 800,000 visitors and engaged 600 million online viewers. Collaborating with 12 international sports organizations through regular forums, the city is hosting nearly 600 elite athletes from 123 countries/regions in 2025 to promote athletics and enhance global reputation. Through event organization, venue operations, and brand building, Nanjing is transforming from “event host” to “sports innovation hub.”

Transitioning from historical capital to modern sports metropolis, Nanjing integrates cultural heritage with urban development through sports. By staging international competitions, promoting mass fitness, and upgrading sports industries, it continues to strengthen its “Innovative City, Beautiful Ancient Capital” brand, providing a model for high-quality urban sports development in the new era.

Hashtag: #worldathleticsindoochampionship

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

Additional $320 Seats Released for Galaxy Macau™ Presents: ANDREA BOCELLI Live in Concert

The“Voice of God”Set to Grace the Galaxy Arena


MACAU SAR – Media OutReach Newswire – 20 March 2025 – Galaxy Macau™ proudly presents the inaugural solo concert of Andrea Bocelli in Macau. The globally celebrated “Voice of God” will take the stage at the Galaxy Arena, Macau’s largest indoor venue, on March 29 at 8 PM. This highly anticipated event has sparked a rush for tickets since their release, and today, the organizer was excited to offer a limited number of seats priced at MOP 320. Tickets are available through Galaxy Ticketing, Damai, Maoyan, uutix, Trip.com, Ctrip, MPay, and Macau Ticket, providing fans with a final opportunity to experience the brilliance of the “Voice of God.”

The most beloved tenor, Andrea Bocelli, who will perform his first concert in Macau at Galaxy Arena on March 29, 2025. The organizer was excited to offer a limited number of seats priced at MOP 320 today.
The most beloved tenor, Andrea Bocelli, who will perform his first concert in Macau at Galaxy Arena on March 29, 2025. The organizer was excited to offer a limited number of seats priced at MOP 320 today.

As the first tenor to perform at Galaxy Arena, Andrea Bocelli returns to Asia after a nine-year hiatus, marking a truly “once-in-a-lifetime” moment for fans. With over 90 million albums sold worldwide, this legendary tenor will showcase his unique voice and emotional interpretations of timeless classics. Adding to the magic, his son Matteo Bocelli will join him on stage for a special duet, promising to ignite an artistic spark in this premier venue, which accommodates 16,000 guests.

The additional seats are located in the grandstand sections on the 3rd floor, priced at MOP 320.
The additional seats are located in the grandstand sections on the 3rd floor, priced at MOP 320.

Galaxy Arena, the top performance venue in the Greater Bay Area, is perfectly suited to Andrea Bocelli’s extraordinary voice, featuring state-of-the-art sound equipment. The venue’s unobstructed design will capture every subtle nuance of the tenor’s performance, from soft whispers to powerful high notes, creating a truly immersive audio-visual experience for the audience. This transcendent musical event will celebrate the eternal beauty of Macau as a “World Center of Tourism and Leisure.”

Over his remarkable 30-year career, Andrea Bocelli has achieved significant international success, including his collaboration with global stars and his performance for numerous presidents and prime ministers.
Over his remarkable 30-year career, Andrea Bocelli has achieved significant international success, including his collaboration with global stars and his performance for numerous presidents and prime ministers.

Galaxy Macau™ Presents: ANDREA BOCELLI Live in Concert

Date: March 29, 2025
Time: 20:00
Venue: Galaxy Arena
Organizer: NGE ARTS & CULTURE COMPANY LIMITED

Galaxy Arena, the top performance venue in the Greater Bay Area, creating a truly immersive audio-visual experience for the audience.
Galaxy Arena, the top performance venue in the Greater Bay Area, creating a truly immersive audio-visual experience for the audience.

Hashtag: #GalaxyMacau

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

ABOUT GALAXY MACAU INTEGRATED RESORT

Galaxy Macau™, The World-class Luxury Integrated Resort delivers the “Most Spectacular Entertainment and Leisure Destination in the World”. Developed at an investment of HK$43 billion, the property covers 1.1 million-square-meter of unique entertainment and leisure attractions that are unlike anything else in Macau. Eight award-winning world-class luxury hotels provide close to 5,000 rooms, suites and villas. They include Banyan Tree Macau, Galaxy Hotel™, Hotel Okura Macau, JW Marriott Hotel Macau, The Ritz-Carlton, Macau, Broadway Hotel, Raffles at Galaxy Macau, Andaz Macau. Unique to Galaxy Macau, the 75,000-square-meter Grand Resort Deck features the world’s longest Skytop Adventure Rapids at 575-meters, the largest Skytop Wave Pool with waves up to 1.5-meters high and 150-meters pristine white sand beach. Two five-star spas from Banyan Tree Spa Macau and The Ritz- Carlton Spa, Macau help guests relax and rejuvenate.

As the dining destination in Asia, Galaxy Macau offers a wide variety of gastronomic delights, exquisite experiences and ingredients of the finest quality with over 120 dining options from Michelin dining to authentic delicacies.

Embark on a delightful and rewarding journey at Galaxy Promenade, the one-stop shopping destination boasting some of the world’s most iconic luxury brands. Be the first to get the latest limited-edition items; explore fascinating pop-ups by coveted labels and revel in fabulous shopping rewards and privileges. Our VIPs are entitled to a highly-curated experience with dedicated personal shoppers at guests’ service, and be invited to exclusive luxury brand events. A different caliber of privileges and rewards also await. Discover the joys of fashion and stand at the forefront of style and sophistication—Galaxy Promenade has everything guests need to stay ahead of the style game.

Galaxy Cinemas takes immersive movie experiences to the next level with the latest audio-visual technology, ultra-luxurious facilities and bespoke services; CHINA ROUGE, one-of-a-kind deluxe lounge that evokes the glitz and glamor of Shanghai’s golden era with entertainment in luxury and style; and Foot Hub presents the traditional art of reflexology to make you feel more relaxed and revitalized. For Authentic Macau Flavors & Vibrant Asian Experiences, Broadway Macau – just a 90-second walk via a bridge from Galaxy Macau, has over 35 Authentic Macau & Asian Flavors at its Broadway Food Street. The 2,500-seat Broadway Theatre plays host to world-class entertainers and a diverse array of cultural events.

Meeting, incentive and banquet groups are also well looked after with a portfolio of unique venues in Galaxy Macau and a professional service staff. Galaxy International Convention Center (GICC) is the latest addition to the Group’s ever-expanding integrated resort precinct and will usher in a new era for the MICE industry in Macau. GICC is a world- class event venue featuring 40,000-square-meter of total flexible MICE, and a 16,000-seat Galaxy Arena – the largest indoor arena in Macau.

For more details, please visit www.galaxymacau.com, and