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DHL Group enhances its electric vehicle and battery supply chain solutions in Asia Pacific as it gears up for Strategy 2030

  • Adds Singapore Electric Vehicle Center of Excellence to its network in the region, covering every segment in the electric vehicles supply chain
  • Customized solutions in more than 10 countries across Asia Pacific
  • Safety and compliance at the core of solution design to cater to rising demand as Asia drives the electric vehicles sector forward

SINGAPORE – Media OutReach Newswire – 3 March 2025 – DHL Group (DHL), the world’s leading logistics company, is enhancing its end-to-end EV logistics and supply chain solutions for the Asia Pacific market, with the opening of three Electric Vehicle (EV) Centers of Excellence (COEs) within the region in 2024. These COEs build on DHL’s offering of customized solutions covering capital equipment for new EV-related factories, inbound-to-manufacturing (I2M), finished vehicles and aftermarket logistics in the region.

DHL supports the electric vehicle sector growth in Asia Pacific
DHL supports the electric vehicle sector growth in Asia Pacific

“Over the next five years, Asia is expected to account for 63% of the new 115 million EVs sold worldwide.[1] A robust and compliant logistics supply chain ecosystem is needed to support this growing demand, and our EV Centers of Excellence in Shanghai, Singapore, and Indonesia serve as hubs of competencies and resources for the growing EV industry across the Asia Pacific , ” said Fathi Tlatli, Global Auto-Mobility Sector President, DHL Customer Solutions and Innovation.

EV COEs to provide a network of expertise in Asia

An EV COE is a center of knowledge and know-how, showcasing existing EV logistics expertise, capability, and resources and demonstrating DHL Group’s commitment to further enhance its EV offerings. These centers cover a wide range of solutions, offering modular and integrated end-to-end logistics across the EV supply chain.

The three EV COEs in China, Singapore and Indonesia are connected to a global network of COEs in 10 countries including Italy, United Kingdom, Mexico and the United Arab of Emirates.

“When people think of EVs, it is often associated with the finished vehicle itself. However, there is an entire complex ecosystem behind the EV value chain, which is crucial in orchestrating the process. That is our advantage as DHL Group, as we can offer customized solutions for every segment utilizing our expertise and our extensive global network,” said Audrey Gerard, Vice President of Auto-Mobility, Asia Pacific, DHL Customer Solutions and Innovation.

EV COEs will also be established in other countries with an existing EV footprint and expertise, such as India, Japan, Malaysia and Thailand.

DHL Group will continue focusing on the EV sector, with the New Energy sector identified as a key growth area in its Strategy 2030. As the sector matures, there is an increasing need to repurpose end-of-life EV parts and batteries or recycle them for raw materials.

“This segment will require complex logistics support, which we are exploring in the region leveraging solutions implemented in Europe and the Middle East networks as well as a market-leading cross-border road freight network in the ASEAN region,” said Tlatli.

Customized EV Solutions on showcase at the new EV COEs

Capital equipment and battery materials for gigafactories

For companies expanding their mining of EV battery minerals and battery manufacturing operations globally, DHL Group offers the management of the entire process, from capital equipment logistics to the supply of battery materials such as electrolytes and processed minerals.

Inbound to manufacturing (I2M) for EV assembly plant

Today, DHL is the preferred partner for the door-to-door storage and transportation of EV batteries and parts for multiple global vehicle manufacturers. Control towers oversee these solutions, managing the suppliers and tracking end-to-end temperature, humidity, and geolocalization data to ensure safety and performance. At the assembly plant, DHL supports in-plant logistics solutions, such as processing the arrival of material from vendors, storing, picking, and kitting. Air transport of smaller battery cells, modules, and critical components for urgent shipments is offered to prevent disruptions.

Finished EVs

DHL’s network of specialists has worked on electric vehicle-in-container solutions for mass market distribution, and air freight services for prototypes and critical vehicle shipments. Across 2024, DHL delivered soon-to-be-launched vehicle prototypes from China to Europe, including customized boxes, dangerous goods (DG) checks, and the management of export clearance.

At the destination, additional finished vehicle services for pre-delivery inspection and yard management have been implemented in several geographies.

EV aftermarket

DHL establishes and manages EV aftermarket networks for various Western and Asian OEMs, including regional and local part distribution centers in key Asia Pacific markets, such as India, Indonesia, Japan, Malaysia, the Philippines, Singapore, Thailand, and Vietnam. It has developed EV parts and battery-specific solutions, such as shared storage facilities, to cover requirements from compliance, import, storage, and time-definite deliveries to dealerships.

Hashtag: #DHL #electricvehicles #supplychain #logistics


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

DHL – The logistics company for the world

DHL is the leading global brand in the logistics industry. Our DHL divisions offer an unrivalled portfolio of logistics services ranging from national and international parcel delivery, e-commerce shipping and fulfillment solutions, international express, road, air and ocean transport to industrial supply chain management. With about 395,000 employees in more than 220 countries and territories worldwide, DHL connects people and businesses securely and reliably, enabling global sustainable trade flows. With specialized solutions for growth markets and industries including technology, life sciences and healthcare, engineering, manufacturing & energy, auto-mobility and retail, DHL is decisively positioned as “The logistics company for the world”.

DHL is part of DHL Group. The Group generated revenues of more than 81.8 billion euros in 2023. With sustainable business practices and a commitment to society and the environment, the Group makes a positive contribution to the world. DHL Group aims to achieve net-zero emissions logistics by 2050.

XCMG’s Three Factories Recognized in China’s 2024 National Green Factory List

XUZHOU, China, March 3, 2025 /PRNewswire/ — XCMG Machinery (“XCMG”, SHE: 000425), a leading global construction machinery manufacturer, has proudly announced that three of its factories, specialized for road machinery, firefighting equipment and automotive products, have been officially included in China’s 2024 National Green Factory List, a prestigious recognition from the Ministry of Industry and Information Technology. This recognition underscores XCMG’s steadfast commitment to sustainable manufacturing practices, environmental responsibility, and innovation in green technology. 

XCMG Firefighting factory, One of XCMG’s Three Factories Recognized in China’s 2024 National Green Factory List
XCMG Firefighting factory, One of XCMG’s Three Factories Recognized in China’s 2024 National Green Factory List

Three factories have been lauded for their continuous efforts to integrate green manufacturing processes, reduce carbon emissions, and enhance resource efficiency. This distinction highlights XCMG’s role in helping China achieve its ambitious green development goals and contributes to the company’s mission of delivering high-quality, eco-friendly products.

Commitment to Green Manufacturing and Clean Energy

XCMG continues to make significant strides in integrating clean energy into its manufacturing, with initiatives such as the use of green electricity and the optimization of waste treatment systems. A standout effort in 2024 was the launch of an 8.91 MW photovoltaic power project by XCMG Firefighting, which now provides nearly 20% of the factory’s electricity consumption. This initiative has helped lower operational costs, cut carbon emissions, and reinforce XCMG’s sustainability goals.

Meanwhile, the Road Machinery division’s green factory places a strong emphasis on resource efficiency by leveraging automation and digital management. With the adoption of cutting-edge production technologies and a comprehensive green supply chain, XCMG optimizes resource use, enhances recycling, and improves production efficiency, while minimizing waste. This approach is setting new sustainability benchmarks in the manufacturing industry.

Technological Innovation and Green R&D

At XCMG, green product development is a top priority, with a focus on pioneering electric and low-emission technologies. The XD140EP, a fully electric light-duty roller produced by its Road Machinery division’s eco-friendly factory, is China’s first dual-drive, dual-vibration fully electric roller. This innovation overcomes issues like excessive noise, intense vibrations, and environmental pollution. Already in use on road construction projects in Hangzhou, it sets a new benchmark for sustainability in road machinery.

XCMG’s dedication to sustainable development is reflected in its investment in electric-powered aerial work platforms and other low-emission products, which have earned widespread recognition and made a significant contribution to the greener construction machinery industry.

Beyond its product innovations, XCMG is also focusing on energy management and process improvements throughout its factories. A thorough energy audit at XCMG’s Firefighting factory resulted in the implementation of targeted energy-saving measures, greatly enhancing energy efficiency. The company’s conservation efforts are further exemplified by the creation of an intelligent, automated factory equipped with 5G technology, autonomous assembly lines, and cutting-edge welding systems, ensuring optimal energy use and improved manufacturing precision.

Circular Economy and Waste Management

XCMG’s commitment to a green, circular economy is further demonstrated through its comprehensive waste management initiatives. The company has made significant investments in systems designed to efficiently handle air, water, and solid waste. At the Firefighting division, advanced air pollution control systems, wastewater treatment plants, and solid waste recycling processes have been implemented to ensure that all emissions and waste are managed in line with environmental standards.

In addition to its product innovations, XCMG is placing a strong emphasis on energy management and process optimization across its facilities. A detailed energy audit at the Firefighting factory led to the adoption of specific energy-saving measures, dramatically improving energy efficiency. The company’s dedication to sustainability is also evident in the development of an intelligent, automated factory equipped with 5G technology, autonomous assembly lines, and state-of-the-art welding systems, guaranteeing both optimal energy usage and heightened manufacturing precision.

 

ISLE 2025 to Showcase Hundreds of New Products in LED Display & Integrated System

SHENZHEN, China, March 3, 2025 /PRNewswire/ — ISLE 2025, Asia’s biggest exhibition featuring innovations and solutions in LED display & integrated audio-visual system, will open in Shenzhen World Exhibition & Convention Center (SHENZHEN WORLD) on March 7, 2025.


Covering 80,000 square meters, ISLE 2025 will showcase the latest technologies and innovative applications in display technology, the entire LED industry chain, audiovisual integration, and the fusion & application of sound, light, and video. Hundreds of new products will debut in ISLE 2025, including:

Absen’s A25 series low-carbon, energy-saving large screens consume less than 1 kWh per square meter per day. A 300㎡ display can save up to 150000 USD in electricity costs over five years.

AOTO’s New Retail Solution with AI-driven smart ordering and RM Series LED for XR & Virtual Production, featuring ≥7680Hz refresh rate, and≥15000:1 contrast ratio.

Unilumin’s Unatural Texture Screen with pioneering new LED decorative materials, infusing spaces with fresh vitality.

Ledman’s Micro LED Product Ecosystem, Redefining Scene Aesthetics with 5G+8K.

MUXWAVE’s M3 Pro Transparent Display, featuring a single-side drive of 4.22 meters with a resolution of 1080P.

QSTECH: MIP All-in-one LED Display for home theater applications, as well as the third-generation All-in-one LED Display for conference applications, the CX27 COB indoor new product, and the DCI-certified LED cinema screen.

Sansi: A creatively designed display system with fully self-developed hardware and software, delivering a unique visual experience for global customers.

Dahua Technology: the MIP series integrate millions of micron-level LEDs on a substrate, delivering fine pixel pitch, ultra-high brightness, low power consumption, and extended lifespan.

Skyworth’s 135-inch AI Super TV with SCOB packaging is its first multimodal LED TV with AI Smart Mode, ideal for conferences, exhibitions, private theaters, and other scenarios.

Hikvision’s 5th-Gen LED cabinet, 29.3 mm ultra-slim, 17 kg/m²lightweight, with a unified platform for diverse encapsulation methods, offering efficient installation and reduced costs.

BOE: MLED BYH-COB Pro P0.9 and Ultra P0.9 redefine brightness, energy efficiency, contrast, and color for a new era in high-end displays.

Hisense U-Series LED All-in-One Flagship features Hisense’s self-developed ASIC driver chip and Xinxin X image processing chip, delivering reference-level image quality for an unparalleled visual experience.

Uniview Technology: The globally leading XC Series Graphene Cabinet LED Display features high heat dissipation, high strength, and high toughness.

NATIONSTAR’s MIP device,packaging the micro LED chip at the chip level, has the characteristics of high brightness, good consistency and 100% spectroscopic separation.

INFiLED will bring its SolidSkin Technology for client to dream big and build strong.

Colorlight with a 5G+Ultra 16K display solution, and the U9max video processor makes large-screen ultra-high-definition display easier.

NovaStar’s COEX 5G solution enables data transmission from video sources to LED displays with higher bandwidth, laying the foundation for the transmission of video sources with higher bit depth and higher frame rates.

DigiBird’s latest generation controller, LC3G48, from Yukit features an ultra-large load capacity of 31.2 million pixels. It supports HDMI 2.1 video input, USB 3.0 playback, centralized control management, visual preview, etc.

Chipone will bring its 4K fully automated screen-splicing solution with a standard interface and an 8K control and drive all-in-one chip solution.

AVCiT: All-In-one Command Control Room Solutions by IP based KVM, and AI Edge Computing Technology for existing systems & devices empowerment.

Guangzhou Zhihuiyun Technology: AI empowered paperless smarter meetings.

Chiu Cheung with incorporated Al technology in console. The highly intelligent new console with futuristic technological design to make work more efficient.

MediaComm’s low-cost AI+ monitoring solution integrates 4K60 fiber-optic collaboration, AI-powered cameras, and advanced AI models for intelligent analysis, enhanced decision-making, and efficient command operations, accelerating smart transformation.

Guangzhou YinQiao to showcase new professional audio solutions, enabling original sound delivery for smart conferences for “Audiovisual synchronization, intelligent symbiosis.”

SOYO Technology: High-tech software and hardware products for digital wireless audio and video transmission, such as 2.4G/5.8G/Bluetooth/IR/UHF.

For updates, please follow ISLE at: https://www.isle.org.cn/?lang=en

Tencent Cloud’s Robust Infrastructure and Metaverse Innovations Elevate Trident’s Flagship Tridentity App to New Level

HONG KONG, March 3, 2025 /PRNewswire/ — Tencent Cloud, the cloud business division of global technology company Tencent, today announced its partnership with the Singapore-based Trident Digital Tech Holdings Ltd (“Trident” or the “Company,”), a leading catalyst for digital transformation in technology optimization services and Web 3.0 activation. As part of the collaboration, Trident will migrate its entire digital service operations onto Tencent Cloud’s robust infrastructure, while also incorporating cutting-edge metaverse solutions. This collaboration represents a major step towards digital innovation, and positions Trident as Tencent Cloud’s pioneering Metaverse-in-a-Box customer in Singapore.

Tencent Cloud's Robust Infrastructure and Metaverse Innovations Elevate Trident’s Flagship Tridentity App to New Level
Tencent Cloud’s Robust Infrastructure and Metaverse Innovations Elevate Trident’s Flagship Tridentity App to New Level

Tridentity: A cutting-edge identity solution

Tridentity, the flagship product of Trident, is an innovative and highly secure blockchain-based identity solution designed to provide secure single sign-on authentication capabilities to integrated third-party systems across various industries. Tridentity aims to offer unparalleled security features, ensuring the protection of sensitive information and preventing potential threats, thus promising a new secure era in the global digital landscape.

Trident will operate entirely on Tencent Cloud’s infrastructure and utilize products like Cloud Virtual Machine (CVM), TencentDB, EdgeOne, Cloud Workload Protection Platform (CWPP), Cloud Load Balancer (CLB), Elastic IP (EIP), Tencent Kubernetes Engine (TKE), and Elasticsearch Service (ES). Trident aims to serve millions monthly active users by 2025, tapping into the rapidly growing markets in both Southeast Asia and Africa. By leveraging Tencent Cloud’s industry-leading infrastructure capabilities, Trident stands to fuel this expansion with proven, secure, and state-of-the-art technology.

Tencent Cloud Comprehensive Solutions Ensure Secure Experiences and Immersive Metaverse Interactions

To consistently meet tight campaign timelines and maximize the efficiency of a limited development team, Trident is prioritizing its application platform development. This focus necessitates a highly scalable, managed, and secure cloud infrastructure to support its business operations. Leveraging Tencent Cloud Blockchain as a Service (TBaaS) for the rapid deployment of the Tridentity blockchain in the cloud, Trident will ensure a fully scalable infrastructure capable of supporting swift business expansion, along with a comprehensive security suite to minimize operational risks.

Meanwhile, Tencent Cloud’s Metaverse-in-a-Box, a comprehensive, one-stop, and easy-to-use solution, will be instrumental in enabling Tridentity to deliver a seamless customer experience across various sectors in Southeast Asia. This solution, which includes high-performance products like EdgeOne, a robust cloud security and acceleration platform, will enable Trident to accelerate its services and protect its APIs from malicious BOT threats, ensuring a seamless customer experience across the region.

By harnessing Tencent Cloud’s cutting-edge technologies, Trident has already successfully crafted large-scale, secure, and immersive real-time interactive experiences, culminating in an immersive online metaverse for its users. This was impressively demonstrated during the Singapore National Day Parade (NDP). As the Principal Partner for the Singapore NDP in 2024, Trident created a huge NDP metaverse, featuring various games and Singaporean landmarks. With Tencent Cloud’s support, Trident was able to scale out its cloud infrastructure in just three days, allowing thousands of players to enjoy the Trident metaverse on the day of the NDP.

Ken Siow, General Manager for Singapore & Malaysia, Tencent Cloud International, said, “We are pleased to be chosen as Trident’s partner in helping to further accelerate Singapore’s digital transformation. Through our Metaverse-in-a-Box solution and high-performance products including EdgeOne, we look forward to helping users on Trident’s ecosystems to enjoy an integrated, seamless experience via the Tridentity app.”

Soon Huat Lim, Founder, Chairman, and CEO of Trident, said, “I am excited to announce this groundbreaking partnership between Trident and Tencent Cloud, revolutionizing digital identity and access in the Triverse, our immersive and interactive metaverse ecosystem. Leveraging the power of Web3, our blockchain-built Tridentity app empowers users with a secure, self-sovereign digital identity, enabling seamless single sign-on experiences and unparalleled control over their digital presence as they access, interact, and thrive in our ecosystem.”

About Tencent Cloud

Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel, and transportation.

About Trident Digital Tech Holdings Ltd 

Trident is a leading catalyst for digital transformation in digital optimization, technology services, and Web 3.0 activation worldwide, based in Singapore. The Company offers commercial and technological digital solutions designed to optimize its clients’ experience with their end-users by promoting digital adoption and self-service.

Tridentity, the Company’s flagship product, is an innovative and highly secure blockchain-based identity solution designed to provide secure single sign-on authentication capabilities to integrated third-party systems across various industries. Tridentity aims to offer unparalleled security features, ensuring the protection of sensitive information and preventing potential threats, thus promising a new secure era in the global digital landscape in general, and in South Asia etc.

Beyond Tridentity, the company’s mission is to become the global leader in Web 3.0 activation, notably connecting businesses to a reliable and secure technological platform, with tailored and optimized customer experiences.

The new report ‘The State of Hong Kong Biodiversity 2025’ reveals over 25% of species in Hong Kong are at risk of local extinction


HONG KONG SAR – Media OutReach Newswire – 3 March 2025 – WWF-Hong Kong, in association with the Hong Kong Bird Watching Society, Kadoorie Farm and Botanic Garden, Outdoor Wildlife Learning Hong Kong, and local researchers, have released a new report titled ‘The State of Hong Kong Biodiversity 2025‘ today. This report is a comprehensive overview of the current state of Hong Kong biodiversity which evaluated the local extinction risk of hundreds of terrestrial and freshwater species, identified critical biodiversity hotspots, and offers science-based recommendations for guiding conservation decisions.

Thanks to its complex topography, diverse habitats, and the extensive Country Park system, Hong Kong is home to an impressive range of biodiversity. However, as our protected areas are concentrated in hillsides and coastal wetlands, many of the most vulnerable species and habitat types lack adequate protection.

Leveraging the expertise of 24 local ecologists and specialists, the study assessed the conservation status of 886 species across eight animal groups, including mammals, birds, reptiles, amphibians, freshwater fishes, butterflies, dragonflies and freshwater crustaceans. Alarmingly, the report reveals that 21 of the 886 assessed species have already disappeared from Hong Kong and over 25% (232 out of 886) are at risk of local extinction. Among the assessed fauna, birds and freshwater fishes are the most at risk groups, with almost half facing moderate to high risk of local extinction. Species dependent on lowland habitats, such as freshwater marsh, river, farmland and other open country habitats, are experiencing the most serious decline, necessitating urgent conservation intervention. Habitat loss and degradation, poaching and the spread of invasive species are major drivers for their decline.

The report is accompanied by the Hong Kong Terrestrial Biodiversity Hotspot Map 2025, which highlights 27 critical biodiversity hotspots outside the protected-area system. These hotspots, which cover merely 6% of Hong Kong’s land area, are home to about 95% of at-risk species. Yet, nearly 80% of the hotspots have suffered from eco-vandalism and nearly 50% overlap with planned/committed development. This underscores both the conservation significance of these areas and the need of immediate conservation efforts at these vulnerable hotspots to prevent further species decline or extinction.

The report serves as a key reference for government officials, statutory bodies, researchers, environmental consultants, and conservationists, highlighting the areas requiring attention to improve relevant policies, laws and regulations, and to conduct research and projects. It also calls on public to engage in conservation efforts of at-risk species and biodiversity hotspots. An immediate, collective effort, and societal commitment are imperative to prevent these at-risk species from local extinction.

Dr. Bosco Chan, Director, Conservation of WWF-Hong Kong said: “Our aim in publishing this report and the biodiversity hotspot map is to inform strategic conservation actions, elicit interest in the conservation of overlooked fauna and their habitats, and help the Government to enhance relevant policies, laws and regulations. The findings of this report underscore the urgent need for collective actions to protect at-risk species and habitats, which are concentrated in the unprotected lowlands. We must make and invest in concrete plans to protect Hong Kong’s most threatened biodiversity and wildlife habitats before it is too late.”

Dr. Carmen Or, Manager, Wetlands Research of WWF-Hong Kong highlighted that: “The last comprehensive species status assessment and biodiversity hotspot map for Hong Kong were produced over two decades ago. It is high time for us to reassess the state of biodiversity in Hong Kong to reflect changes in the environment and ensure our conservation actions align with species and habitats in the most urgent needs.”

Mr. Yu Yat Tung, Director, The Hong Kong Bird Watching Society added that: “Birds are among the most seriously threatened faunal groups in Hong Kong. The loss of lowland wetlands and farmland, along with habitat changes resulting from vegetation succession, significantly impacts both breeding and visiting birds, as illustrated by the habitats required by at-risk birds.

Dr. Michael Lau, renowned herpetologist in Hong Kong shared that: “Other than habitat loss, which impacts both reptiles and amphibians and has led to the extinction of Chinese Floating Frog, all native turtles are facing risk of local extinction, and poaching is the most serious threat to their survival.”

Dr. Alphonse Tsang, Research Assistant Professor of Lingnan University stated that: “With nearly half of the native freshwater fish species at risk of local extinction, threats such as channelisation and water pollution, and the invasion of non-native species must be tackled.”

To access the full report: : https://wwfhk.awsassets.panda.org/downloads/the-state-of-hong-kong-biodiversity-2025.pdf

To access the hotspot map: https://wwfhk.awsassets.panda.org/downloads/hong-kong-terrestrial-biodiversity-hotspot-map-2025.pdf

High resolution photos are available at: https://wwf.hk/biodiversity2025

Experts attending
Dr Bosco Chan, Director, Conservation of WWF-Hong Kong
Dr. Carmen Or, Manager, Wetlands Research of WWF-Hong Kong
Mr. Yu Yat Tung, Director, The Hong Kong Bird Watching Society
Dr. Michael Lau, renowned herpetologist in Hong Kong
Dr. Alphonse Tsang, Research Assistant Professor of Lingnan University
Mr. Tommy Hui, Manager, Conservation of WWF-Hong Kong
Mr. Jianhuan Yang, Conservation Manager, Kadoorie Farm and Botanic Garden
Mr. Philip Lo, Senior Conservation Officer, Kadoorie Farm and Botanic Garden
Dr. Ken So, Education and Research Manager, Outdoor Wildlife Learning Hong Kong
Hashtag: #WWF

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

WWF-Hong Kong

WWF is a leading global conservation organisation, with a network active in more than 100 countries. WWF’s mission is to build a future in which humans live in harmony with nature. WWF-Hong Kong has been working since 1981 to deliver solutions for a living planet through conservation, footprint and education programmes, with the aim of transforming Hong Kong into Asia’s most sustainable city.

Cushman & Wakefield appointed as Lead Sales Agent for the Sale of an Enbloc building including the whole Student Accommodation located at No. 33 Cooke Street/ No. 13 Lo Lung Hang Street, Hung Hom


HONG KONG SAR – Media OutReach Newswire – 3 March 2025 – Cushman & Wakefield has been appointed by the owner as the lead sales agent for the sale of the enbloc building including the whole student accommodation located at No. 33 Cooke Street/ No. 13 Lo Lung Hang Street, Hung Hom. The property has a total building area of approximately 7,501 square feet (Not verified.) and is currently listed at HKD 85 million with existing tenancies.

Acquired and renovated by a fund in October 2021, the property features three shops, generating around HKD 80,000 per month. The residential section comprises 50 rooms, managed by IRENT as student apartments. According to IRENT’s website, room rentals inclusive of management fees range from HKD 6,610 to HKD 9,240 and occupancy levels are high. There is potential to upgrade the rooms to all include an ensuite bathrooms, which would further enhance rental returns. Additionally, the property can be sold as a company, offering investors greater flexibility and convenience.

The location boasts excellent connectivity, with Ho Man Tin MTR Station just a 6-minute walk away, and both Hung Hom MTR Station and Whampoa MTR Station approximately 10 minutes on foot. The Hong Kong Polytechnic is about a 15-minute walk from the property and Metropolitan University is just a 19-minutue walk away. Situated in Hung Hom, it is adjacent to the new residential project Baker Circle developed by Henderson Land and the Onmantin development atop Ho Man Tin MTR Station by Great Eagle. The surrounding neighborhood features numerous shops and dining options, providing convenient amenities to meet diverse needs.

Mr. Alvin Lau, Director of Capital Markets in Cushman & Wakefield, stated: “In the 2024 Policy Address, the government reaffirmed its commitment to establishing a ‘Study in Hong Kong’ brand by increasing the quota for non-local students from 20% to 40%. This initiative is expected to attract a greater number of non-local students to pursue their studies in Hong Kong, resulting in a projected shortage of at least 55,400 university accommodation places. Due to the insufficient availability of on-campus accommodation, students who are unable to secure university accommodations will inevitably turn to the private market. This strong demand presents significant business opportunities for both private real estate investors and student hostel operators. As private student accommodations are specifically designed for students, investing in student apartments has increasingly become a popular choice. It offers investors stable rental income, making it an attractive option for long-term investment strategies.

Hashtag: #Cushman&Wakefield

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

About Cushman & Wakefield

Cushman & Wakefield (NYSE: CWK) is a leading global commercial real estate services firm for property owners and occupiers with approximately 52,000 employees in nearly 400 offices and 60 countries. In Greater China, a network of 23 offices serves local markets across the region. In 2024, the firm reported revenue of $9.4 billion across its core services of Valuation, Consulting, Project & Development Services, Capital Markets, Project & Occupier Services, Industrial & Logistics, Retail, and others. Built around the belief that Better never settles, the firm receives numerous industry and business accolades for its award-winning culture. For additional information, visit or follow us on LinkedIn ().

Stoic 9 Brings Ultra-Aged Whiskies and Smart Exit Strategies for Whisky Cask Investors

SINGAPORE, March 3, 2025 /PRNewswire/ — The global whisky market is changing. As consumer preferences evolve and new markets emerge, ultra age premium whiskies and whisky cask investment has become a profitable alternative investment opportunity with the potential for high returns.

The whisky market globally is estimated at nearly US$70 billion and is projected to reach US$125 billion by 2032, according to a KPMG report released last year.

A whisky investment company based in Singapore, Stoic 9, reports that young adults are increasingly becoming the primary demographic for whisky consumption in Southeast Asia. This affluent younger generation is particularly attracted to Scotch whisky, with consumers choosing higher-quality alcoholic beverages.

Whisky, particularly rare and aged bottles, is a tangible luxury asset that resonates with high-net-worth individuals seeking to build more resilient portfolios. After remaining largely unrecognised as an investment class, whisky is beginning to attract investor interest.

“The redeeming quality of a whisky is that it offers a drinking experience typically enjoyed directly on special occasions. However, sophisticated investors understand that this drives resale value at the bottling stage, allowing a whisky to operate as an alternative asset. This kind of valuation is why many consider whisky investing in their portfolio diversification strategies,” says Charles Lim, Founder, Stoic 9.

Stoic 9’s observations indicate that millennials constitute the majority of retail investors in whisky casks, characterised by a high-risk tolerance in their investment strategies.

The whisky cask investment market is experiencing some growth, especially in Asia. This increased demand can be attributed to the asset’s considerable return potential, which, according to Whisky Invest Direct, can reach an annualised rate of over 15%. Typically, a whisky cask is expected to double in value over five years.

This trend is influenced by several factors. Fractional ownership reduces financial barriers for younger investors, while the craftsmanship and sustainability of whisky production align with their values. Additionally, their general interest in wine and alcoholic beverages attracts them to whisky casks.

“As the whisky investing industry matures and attracts a wider range of investors, verification and trust will become paramount,” states Thanit Apipatana, a key investor of Stoic 9. “Whisky investing, while offering potentially attractive returns, remains a relatively niche and often misunderstood market. However, many inherent risks, such as provenance issues, storage concerns, and market volatility, can be effectively mitigated through collaboration with reputable third-party specialists. These experts can provide crucial services like authentication, secure warehousing, and market analysis, ultimately enhancing investor confidence and safeguarding their investments.”

As whisky continues to demonstrate its potential to outperform traditional assets, Stoic 9 encourages young investors to explore this compelling alternative investment. The whisky market is poised for significant evolution, with industry experts predicting further innovation in investment models, including the emergence of specialised whisky funds and growing interest from institutional investors. This confluence of market growth and innovation suggests that the golden age of whisky investment is just beginning, presenting a unique opportunity for those seeking diversification and potentially strong returns.

About Stoic 9

Founded in 2021 by entrepreneur Charles Lim, Stoic 9 is a Singapore-based firm that specialises in building investment portfolios of ultra age premium whiskies and whisky casks for investors. By collaborating with world renowned distilleries around the world, Stoic 9 offers investors the opportunity to acquire ultra age vintage whiskies and whisky casks with significant growth potential. 

BioRes Ruizhi BLC Implant System Showcased in China, Addressing Rising Demand for High-quality Implants

WALNUT, Calif., March 3, 2025 /PRNewswire/ — BioRes Dentech Inc. showcased its Ruizhi BLC Implant System at Dental South China 2025, a premium product line jointly launched by BioRes Dentech Inc. and Besmile, designed exclusively for China’s market. With advanced bone preservation technology and outstanding clinical performance, the system aims to redefine precision implantology, addressing the growing demand for reliable, high-quality implants.

Unlocking China’s Growing Implant Market Potential

China’s dental implant market has grown significantly, yet its implant penetration rate remains low at 59.1 implants per 10,000 people in 2023, far below developed countries, like the U.S. (100-200) and South Korea (500).

This gap highlights immense potential. In 2024, the market generated USD 391.4 million in revenue and is projected to reach USD 618.9 million by 2030, driven by initiatives like bulk procurement, which cut implant costs by 55%.

However, the market still lacks affordable, high-quality implants ensuring long-term stability, raising concerns over failure rates and complications.

BioRes Ruizhi BLC Implant System: A Solution for Lifelong Stability

Partnering with Besmile, BioRes introduces the Ruizhi BLC Implant System, designed for lifelong stability. It minimizes pain and gum disease risks while simplifying procedures for clinicians. Its advanced bone preservation technology promotes alveolar bone retention, ensuring long-term peri-implant tissue stability. The self-tapping design enhances initial stability, safety, and efficiency, addressing critical market needs.

Backed by extensive clinical research, the system boasts a 0% mechanical complication rate over 4 years and a 99.05% success rate over 5 years—surpassing the industry average of 94-96%. These results highlight its reliability and potential to set a new benchmark in dental implant solutions.

About BioRes Dentech Inc.

Based in Walnut, CA, BioRes Dentech Inc. advances dental health through cutting-edge technology and innovation, supporting oral health professionals and enhancing patient outcomes worldwide.

About Chengdu Besmile Biotechnology Co., Ltd.

Besmile specializes in dental CAD/CAM materials, equipment, and implant systems, delivering cutting-edge digital solutions for dental labs and practices. With in-house R&D and advanced manufacturing, Besmile partners with 1,000+ clients in 100+ countries, aiming to lead the global dental industry through innovation and excellence.