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Emeren Group Sells 65 MWp Solar Project Portfolio in Germany to Trina Solar

NORWALK, Conn., Jan. 15, 2025 /PRNewswire/ — Emeren Group Ltd (“Emeren” or the “Company”) (www.emeren.com) (NYSE: SOL), a leading global solar project developer, owner, and operator, today announced the sale of a 65 MWp solar project portfolio to Trina Solar International System Business Unit (“ISBU”). Trina Solar ISBU (“Trina”) is the downstream project development arm of Trina Solar Co., Ltd. (SHA: 688599), specializing in development, engineering, procurement, construction (EPC), operations and maintenance (O&M), and asset management of solar and battery storage utility-scale projects worldwide.

The portfolio, which strengthens Emeren’s position in Germany’s prominent renewable energy market, comprises three projects: One in Saarland, western Germany; the second an innovative Agri-PV project in Mecklenburg-Western Pomerania, northern Germany; and finally, another Agri-PV initiative located in Lower Saxony, northern Germany. These projects are expected to close in mid-to-late 2025 and may offer potential for Battery Energy Storage Systems (BESS) integration, further enhancing operational efficiency and long-term value.

Yumin Liu, CEO of Emeren Group, commented, “This sale builds on the success of our previous collaboration with Trina Solar in France several months ago, further advancing our renewable energy footprint in Europe. Germany, as one of the most dynamic markets for solar energy, is a key focus for us. The development and sale of this high-quality portfolio highlight the expertise of our team and our commitment to delivering impactful projects. Partnering with Trina Solar once again enables us to achieve our shared vision of driving innovation and sustainability in some of the world’s most competitive renewable energy markets.”

Leonardo Lotti, Head of EMEA for Trina, added, “This portfolio marks the beginning of Trina Solar ISBU’s activities in the German renewable energy market, anticipated to be a key European market for our downstream PV and BESS project development efforts. We have recently formed a diverse and ambitious team in Germany, which is expected to grow alongside our business. Germany’s ambitious renewable energy goals make it a crucial market for solar energy development, and we are pleased to collaborate with Emeren Group on this portfolio. Their expertise in market execution and commitment to high standards have been crucial in advancing these projects. We are confident in the successful delivery of these projects and look forward to strengthening our partnership with Emeren as we contribute to Europe’s transition to a sustainable energy future.”

About Emeren Group Ltd

Emeren Group Ltd (NYSE: SOL), a renewable energy leader, showcases a comprehensive portfolio of solar projects and Independent Power Producer (IPP) assets, complemented by a significant global Battery Energy Storage System (BESS) capacity. Specializing in the entire solar project lifecycle — from development through construction to financing — we excel by leveraging local talent in each market, ensuring our sustainable energy solutions are at the forefront of efficiency and impact. Our commitment to enhancing solar power and energy storage underlines our dedication to innovation, excellence, and environmental responsibility. For more information, go to www.emeren.com.

About Trina Solar ISBU Europe

Trina Solar ISBU, a business unit of Trina Solar, is an innovative solutions utility-scale global solar power and battery storage solutions developer for international markets. With more than 15 years of professional experience and track records in project development, financing, EPC, and O&M, Trina Solar ISBU is committed to being a global leader in the development and management of smart renewable energy solutions and creating value for local stakeholders and international investors. We are active in more than 20 countries and regions, including but not limited to the USA, UK, Italy, France, Greece, Spain, Japan, Colombia, Mexico, Chile, Peru, Australia, South Korea, Vietnam, Malaysia, Philippines, Cambodia, Brazil, Poland, Germany, Hungary, Croatia.In Europe, it is currently active in 9 countries and – to date – it has constructed over 2.5GW of grid-connected energy projects.

For investor and media inquiries, please contact:

Emeren Group Ltd – Investor Relations
ir@emeren.com 

The Blueshirt Group
Gary Dvorchak
+1 (323) 240-5796
gary@blueshirtgroup.co 

HashKey Group: Top 10 Market Predictions for 2025

HONG KONG, Jan. 15, 2025 /PRNewswire/ — HashKey Group releases its “Top 10 Market Predictions” for 2025. These predictions were determined through a 9-day voting period, with nearly 50,000 community members selecting from 16 popular forecasts compiled by HashKey researchers, analysts, and traders. The predictions offer insights into market scale, policy changes, technological breakthroughs, and capital trends.


According to the voting results, the top 10 market events most likely to occur in 2025 include:

  1. Bitcoin, the “digital gold”, will break through $300,000. Ethereum, the “digital oil”, will exceed $8,000. The total crypto market cap will reach $10 trillion.(50%)
  2. DEXs will leverage AI Agents + Meme to significantly increase its market share. CEXs will embrace DeFi strategies, attracting capital with high-yield investment products.(41%)
  3. The market cap of USD-pegged stablecoins surpasses $300 billion, driven by increasing demand for compliant stablecoins, yield-bearing stablecoins, and RWA-backed stablecoins.(27%)
  4. STOs, ETFs, CBDC collectively bring $3 trillion into the crypto market.(22%)
  5. AI Agent applications will experience explosive growth, driving comprehensive upgrades in data storage, collaborative networks, and decentralized verification.(21%)
  6. Layer 2 landscape will split into two main categories: Application-Specific Chain vs. General-Purpose Chain.(19%)
  7. The Trump administration will approve the FIT21 Act, accelerating the global legalization of the cryptocurrency market and intensifying the crackdown on non-compliant crypto-related businesses. Stablecoins, RWAs, and new payment and settlement systems are making breakthroughs in more countries and regions.(17%)
  8. Bitcoin will become a strategic reserve supporting the US dollar. The United States will leverage its influence over risk assets to maintain the stability of the US dollar and sustain demand for US Treasury bonds.(17%)
  9. New ETFs, including SOL and XRP, are set to gain approval, attracting more institutional capital into the market. (16%)
  10. Crypto-concept stocks will flock to Nasdaq. Crypto mining and infrastructure stocks will gain significant investor attention.(15%)

Dr. Xiao Feng, Chairman and CEO of HashKey Group, stated: “2025 marks the gateway to what we call the ‘Golden Decade of Web3.’ With regulatory compliance taking center stage, a surge in traditional capital inflows, and accelerating technological breakthroughs, the cryptocurrency market is poised for extraordinary growth. HashKey’s comprehensive Web3 financial infrastructure will serve as the bridge connecting traditional finance with crypto markets. We stand ready, alongside our global partners, to drive the orderly development of the virtual asset industry.”

Note: The percentages in the text represent the proportion of total voters who support each prediction

Disclaimer

https://group.hashkey.com/disclaimer-group/blank-1 

HTX Achieves 100% YoY Trading Volume Growth to $2.4 Trillion in 2024, Powers User Growth to Over 49 Million

Embracing a New Era of Crypto Growth with Enhanced Security, Premium Listings, and Global Expansion in 2025

SINGAPORE, Jan. 15, 2025 /PRNewswire/ — HTX, a leading global cryptocurrency exchange, today released its annual report, “Embracing Global Growth with Innovation and Trust,” detailing its significant achievements in 2024 and outlining its ambitious roadmap for the year ahead.

Read the full report here: https://square.htx.com/htx-2024-recap-2025-outlook/

2024: A Year of Explosive Growth Across Multiple Fronts

In 2024, HTX demonstrated remarkable progress across key areas, including user acquisition, trading volume, product innovation, compliance, and ecosystem development. This success was driven by cutting-edge offerings, excellent services, and a robust global strategy.

  • Key Metrics Show Accelerated Growth Through Innovative Events

HTX’s performance metrics reveal unparalleled momentum. The platform welcomed 3 million new registered users in 2024, bringing its total user base to over 49 million. Trading volume surged, reaching nearly $2.4 trillion, marking a 100% year-over-year increase with consistent monthly growth. User assets also saw significant growth, with a net capital inflow of $1 billion, bringing the total to $5 billion—a robust 80% increase compared to early 2024.

These achievements can be attributed to the success of HTX’s innovative events, such as Launchpool, Trade to Earn, Earn with Pending Orders, Borrow & Earn, SmartEarn, and the 11th Anniversary Series. These events fostered unprecedented engagement, trading volume, and rewards offered to participants.

Over the past year, community members actively participated in HTX DAO, casting over 350,000 votes. Based on the governance proposals passed by HTX DAO, HTX introduced new models such as “Multiple Staking Rewards” to enhance the value of $HTX. These models further strengthened the competitiveness of the $HTX token. Data shows that thanks to mechanisms such as Liquidity Pledge and Token Burns, the total number of users holding $HTX on the HTX exchange reached over 720,000. Moreover, the amount held by large holders increased by 268%, with the number of large holders possessing over 100,000 USDT experiencing a 110% increase.

  • Spotlight on Emerging Trends and Early Opportunities

Leveraging its market insights, HTX listed 218 high-quality assets in 2024, including WIF, BOME, ONDO, and ENA, across diverse hot sectors including DePIN, RWA, and meme coins. Notably, 171 of these assets were initially listed on HTX.

SUNDOG, the best-performing coin within the SunPump ecosystem, experienced a remarkable 37-fold growth after its listing, becoming a key driver of SunPump’s success.  Recognizing the importance of identifying and capitalizing on emerging opportunities, HTX promptly launched the Crypto Gem Hunt to help users discover and capitalize on potential wealth-generating assets.

  • Commitment to Security and Regulatory Compliance

HTX made significant strides in global compliance, including applying for Europe’s MiCA licenses and pursuing regulatory approvals in Dubai (VARA’s FMP license) and Bahrain for custody, brokerage, and exchange operations.

To ensure asset transparency, the exchange consistently delivered Proof of Reserves by Merkle Tree Verification for 12 consecutive months, maintaining over 100% reserve ratios across eight assets.

  • Towards Long-Term Development Through Ecosystem Cooperation

HTX Ventures, the global investment arm of HTX, invested in 28 leading projects in 2024, spanning diverse sectors such as BTCFi, ZK-rollups, modular infrastructure, AI, SocialFi, and more.  Furthermore, HTX fostered strategic collaborations with leading venture capital firms, including Bankless and Figment, to jointly promote the sustained growth and development of the crypto industry.

  • Promotion of Brand Image to Facilitate Global Reach

Throughout 2024, HTX consistently made a strong impression at top crypto summits worldwide, such as TOKEN2049 and Blockchain Life, hosting 19 brand events and receiving 4 industry awards. Notably, the host of Crypto Summit 2024 revealed at the opening ceremony that HTX holds an 11% market share, ranking third in the CIS region, solidifying its position as a key player in the market.

2025: Seizing Opportunities in a New Crypto Era

HTX’s 2025 vision aligns with anticipated industry tailwinds, including potential shifts in the U.S. Federal Reserve’s interest policies and the evolving global regulatory landscape. The exchange plans to:

1. Expand premium listings.

2. Enhance product offerings and user experience through innovation.

3. Strengthen security measures and global operations models.

4. Support decentralized governance and foster global crypto prosperity.

5. Cement HTX’s influence, particularly in high-potential regions like the CIS.

2025 will be a pivotal year for HTX to seize emerging industry opportunities. As a well-established digital asset trading platform with a proven track record of industry building, and a strong user-centric focus, HTX is confident to deliver exceptional  services for its global user base and advance toward its vision of “Achieving Financial Freedom for 8 Billion People on Earth”.

About HTX

Founded in 2013, HTX has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

To learn more about HTX, please visit HTX Square or https://www.htx.com/, and follow HTX on X, Telegram, and Discord. For further inquiries, please contact glo-media@htx-inc.com 

Contact Details
Ruder Finn Asia
htx@ruderfinn.com
Company Website
https://www.htx.com

 

Cyberport Leads over 30 Start-ups to Participate at Asian Financial Forum 2025

Showcasing innovative Fintech solutions to government and business leaders

HONG KONG SAR – Media OutReach Newswire – 15 January 2025 – Cyberport, Hong Kong’s largest FinTech hub, is thrilled to be the FinTech Partner for the prestigious Asian Financial Forum (AFF), being held on 13 and 14 January. This is the ninth consecutive year that Cyberport has held that distinction, and its enduring commitment to this landmark event reflects its pivotal role in advancing Hong Kong’s dynamic financial prowess. Under the theme “Powering the Next Growth Engine“, industry leaders, policymakers, and entrepreneurs from around the world have convened at the AFF to explore emerging drivers and innovative strategies for growth. Cyberport led over 30 start-ups to showcase their cutting-edge FinTech solutions and next-generation ideas to government, finance, and business leaders at the event.

Cyberport led over 30 start-ups to present their innovative FinTech solutions and their next-generation ideas at the AFF
Cyberport led over 30 start-ups to present their innovative FinTech solutions and their next-generation ideas at the AFF

Simon Chan, Chairman of Cyberport, stated in his welcome remarks, “As we embark on our journey to becoming a digital-first financial centre, we must embrace the transformative power of forefront technologies such as AI, and rethink our strategies towards a more sustainable future in the financial sector. With over 430 FinTech companies based at Cyberport, we are uniquely positioned to foster an innovative FinTech ecosystem in Hong Kong. We work closely with the Government and key partners to actively drive the application of innovative technologies in the financial sector. Our commitment to sustainable and innovative technology development is evident in our unwavering support for start-ups that are pioneering solutions in green finance and digital innovation. Together, we will continue to collaborate with various sectors to meet the challenges ahead and collectively build a more inclusive, efficient, and sustainable future for the financial services industry.”

Cyberport co-hosted a thematic workshop titled “Accelerating Financial Innovation: Hong Kong’s Journey Towards a Digital-First Financial Centre“. The workshop highlighted Hong Kong’s strategic initiatives in embracing advanced financial technologies and nurturing an innovative financial ecosystem. The session featured discussions on the Hong Kong Monetary Authority’s Sustainable Finance Action Agenda, which aims to achieve net-zero emissions and catalyse sustainable finance development. FinTech leaders also shared real-world applications of transformative technologies in the financial sector, illustrating how these innovations can be powerful drivers for positive change in the economy.

Additionally, a kick-off ceremony was held for The Green and Sustainable FinTech Proof-of-Concept Funding Support Scheme projects during the event. Launched by the Financial Services and the Treasury Bureau (FSTB) and administrated by Cyberport, this scheme promotes green and sustainable FinTech development in Hong Kong. From over 100 proposals received, 60 projects were selected after an expert review.

On the other hand, a dedicated Cyberport Pavilion was also featured in the event, where eight community members presented various FinTech solutions to address contemporary financial challenges, such as digital assets, RegTech, WealthTech, InsurTech, and ESG/Green Finance. Additionally, dozens of FinTech companies from the Cyberport community showcased their innovative ideas to global investors, partners, and business leaders at the forum. These startups are making significant contributions to the rapidly evolving financial market by providing cutting-edge financial technology.

Playing a vital role in promoting Hong Kong’s FinTech development, Cyberport houses more than 430 FinTech start-ups and technology companies covering digital assets, virtual insurers, virtual banks, electronic payments, and WealthTech. The Cyberport community also includes five FinTech unicorns, namely ZA International, WeLab, TNG, CertiK, and HashKey, as well as three Hong Kong-licensed virtual asset trading platforms: HashKey, HKVAX and HKbitEX.

Hashtag: #Cyberport

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

About Cyberport

Cyberport is Hong Kong’s digital technology flagship and incubator for entrepreneurship with over 2,100 members including over 900 onsite and over 1,200 offsite start-ups and technology companies. It is managed by Hong Kong Cyberport Management Company Limited, wholly owned by the Hong Kong Special Administrative Region Government, and committed to the vision to inject new impetus into digital economy and smart city development through innovation and technology, and to connect enterprises to Mainland China and overseas markets. Cyberport strives to nurture a vibrant tech ecosystem by cultivating talents, promoting entrepreneurship among the youth, supporting start-ups, fostering technology industry development by promoting strategic collaboration with local, Mainland Chinese and international partners, and integrating new and traditional economies by accelerating digital transformation in public and private sectors.

For more information, please visit .

Johnson Electric reports Business and Unaudited Financial Information for the Third Quarter of Financial Year 24/25


HONG KONG SAR – Media OutReach Newswire – 15 January 2025 – This news release is made by Johnson Electric Holdings Limited (“Johnson Electric” or the “Company” and together with its subsidiaries, the “Group”) for the business operations and selected unaudited financial information of the Group for the nine months ended 31 December 2024.

The Group’s sales for the nine months ended 31 December 2024 were US$2,730 million compared to US$2,871 million for the same period in the previous financial year, a decrease of 5%. Exchange rate movements had an unfavourable impact of US$11 million on the Group’s sales during the period.

Sales of Automotive Products Group (“APG”)

APG’s sales for the nine months ended 31 December 2024 were US$2,314 million, a decrease of US$108 million compared to the same period in financial year 23/24. Excluding currency effects, APG’s sales decreased by US$97 million or 4%.

The division’s sales changes by region, excluding currency effects, were as follows:

Nine months ended
31 December 2024
Asia-Pacific 2% Decrease
Europe, Middle East and Africa 5% Decrease
Americas 5% Decrease
Total 4% Decrease

In Asia-Pacific, sales decreased by 2% while light vehicle production in the region declined by 1%. The drop in light vehicle production, coupled with a less favourable customer mix, led to lower sales of products for closure and braking, and powder metal components. However, this was largely offset by increased sales of oil pumps and products for steering. In Europe, the Middle East and Africa (“EMEA”), sales decreased by 5% compared to a 7% decline in light vehicle production in the region. Sales of oil pumps and products for vision, thermal management and steering decreased, reflecting the drop in light vehicle production. This decline was partially offset by increased sales of products for seats and transmissions. In the Americas, sales decreased by 5% while light vehicle production declined by 1%. Sales of products for thermal management and seat applications as well as powder metal components decreased due to weak demand from certain customers, and some programs reaching end of life. This decline was partially offset by increased sales of products for steering, transmission and closure applications.

Sales of Industry Products Group (“IPG”)

IPG’s sales for the nine months ended 31 December 2024 were US$416 million, a decrease of US$33 million or 7% compared to the same period in the previous financial year. Currency effects were negligible.

IPG’s end markets remained weak as the business continued to face headwinds driven by consumer caution in discretionary spending and a growing preference for affordable options from value-oriented brands. This shift has increased price competition in certain IPG product segments, where commoditization has led to cost taking precedence over functionality and reliability in purchasing decisions.

The sales changes for IPG by region, excluding currency effects, were as follows:

Nine months ended
31 December 2024
Asia-Pacific 9% Increase
Europe, Middle East and Africa 12% Decrease
Americas 15% Decrease
Total 7% Decrease

In the Asia-Pacific region, sales increased mainly because key customers placed replenishment orders after the depletion of prior inventory surpluses, as well as due to some new business wins. However, this growth was more than offset by a decline in sales in the EMEA and Americas regions, attributed to the previously noted soft end market demand.

Chairman’s Comments on Sales Performance and Outlook

Commenting on the Group’s sales performance and near-term outlook, Dr. Patrick Shui-Chung Wang, Chairman and Chief Executive, said: “Johnson Electric’s sales for the financial year to date have been negatively impacted by lacklustre global light vehicle production volumes and soft consumer demand and price competition in several other manufactured product segments. There is an exceptionally high level of uncertainty concerning the macroeconomic environment that is weighing on consumer sentiment and has led to several customers deferring plans for new product launches.

“Looking ahead, the fourth-quarter sales trajectory remains influenced by the macroeconomic challenges experienced in the previous quarters of the year, compounded by the effects of the Chinese Lunar New Year holidays. Consequently, we presently anticipate Group sales for the full year to be a mid-single-digit percentage lower than the level achieved in the prior year.”

Dr. Wang added: “In view of the uncertainty concerning the prospects for global trade and investment in the year ahead, management is focused on tight cost control and maintaining the Group’s conservative balance sheet profile.”

Cautionary Statement

Shareholders and potential investors in the Company are reminded that the information provided in this news release, including information related to the expected outlook for the full year, is based on the Group’s unaudited internal records and management accounts. This information has not been reviewed or audited by the Company’s auditors.

Shareholders and potential investors should exercise caution when dealing or investing in the shares of the Company.
Hashtag: #JohnsonElectric

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

About Johnson Electric Group

The Johnson Electric Group is a global leader in electric motors, actuators, motion subsystems and related electro-mechanical components. It serves a broad range of industries including Automotive, Smart Metering, Medical Devices, Business Equipment, Home Automation, Ventilation, White Goods, Power Tools, and Lawn & Garden Equipment. The Group is headquartered in Hong Kong and employs over 30,000 individuals in 22 countries worldwide. Johnson Electric Holdings Limited is listed on The Stock Exchange of Hong Kong Limited (Stock Code: 179). For further information, please visit: .

2nd-Curv Unveils 5 SEC High-Speed Dishwasher at CES 2025

LAS VEGAS, Jan. 14, 2025 /PRNewswire/ — 2nd-Curv, trailblazing entity at the forefront of smart and eco-conscious cleaning technology solutions, debuts its 5 SEC High-Speed Dishwasher at CES 2025, introducing a revolutionary detergent-free rapid cleaning solution designed to avoid the use of chemicals in cleaning, minimize energy consumption, and provide a faster and cleaner cleaning experience.

Freeing users’ hands and improving efficiency is the mission of home appliances, but most dishwashers on the market take a long time to clean, consume a lot of consumables and are cumbersome to install. For this reason, 2nd-Curv adopts self-developed patented cleaning technology, which utilizes high-temperature and high-pressure water to rinse the dishes without any dishwashing powder or detergent, and can flush the grease on the surface of the dishes in 5 seconds. In addition, the dishwasher features an all-in-one portable design that requires no installation and can be used when plugged in. It has a built-in 4L water tank and can even be used outdoors without having to modify the water line or connect to a faucet.

“The cost of using the 5 SEC High-Speed Dishwasher is extremely low,” Xu, the co-founder of 2nd-Curv proudly pointed out, “Firstly, it doesn’t need to put detergent, there is no chemical residue, and it is maximally friendly to the environment. Secondly, its single water consumption is only 600mL, about a bottle of mineral water can wash the dishes once. In terms of electricity consumption, its single consumption is only 0.06 kWh, which is lower than making a cup of coffee.”

Amid the bustling atmosphere of the CES exhibition hall, the 5 SEC High-Speed Dishwasher demonstrated the process of cleaning a wide range of stains in five seconds, attracting a large number of viewers and the media, among which a reporter from CANADA NATIONAL TV (CNTV) made a special trip to conduct an exclusive interview. “This dishwasher washed a plate in a short interview.” Said Paige West, managing editor of Innovation Magazine. In addition, many RV and yacht enthusiasts said the product was perfect for them. One Tech Zone blogger said, “I think I could put it in Cybertrunk.”

The 5 SEC High-Speed Dishwasher is known to be the fastest dishwasher known and the only one that does not require any detergent. Tian, the CEO of 2nd-Curv said, “We hope to pioneer the second growth curve in cleaning methods, producing truly valuable products for our users, and helping to remove the last obstacle to humanity’s enjoyment of food.”

About 2nd-Curv:

2nd-Curv is a pioneer in eco-friendly cleaning solutions. Since its inception in 2022, 2nd-Curv has been contributing to environmental protection with its self-developed “Water Jet Key Technology”, which saves approximately 5 tons of water and eliminates approximately 4 kilograms of detergent emissions a year with a 5 SEC High-Speed Dishwasher compared to other dishwashing methods.

Innovation Drives Development and Active Devices Continue to Gain Momentum – 2025 Medtec Further Integrates Resources

SHANGHAI, Jan. 15, 2025 /PRNewswire/ — Medtec, a comprehensive one-stop platform offering solutions for the design, R&D, and production of medical devices, has garnered widespread recognition and active participation from professionals in the global medical device industry since its inception. The 2024 event featured 920 exhibitors from 22 countries and regions, with 269 being first-time exhibitors. Of these, 95.3% expressed intent to participate again, and 93.3% would recommend it to peers. Over three days, the show attracted 81,547 professional visitors, 64% of whom were first-time attendees. The 19th Medtec China & International Medical Device Design & Manufacturing Technology Exhibition (hereinafter referred to as “Medtec”) will take place on September 24, 2025, at the Shanghai World Expo Exhibition & Convention Center, promising upgrades when it comes to exhibition space, number of exhibitors, and conference activities. Click here to join Medtec 2025 and stay ahead of the game in the medical device sector.

Innovation and Intelligence in China’s Medical Device Industry: Enhanced Role of Engineering Disciplines and Industrial Support

According to the 2024 China Medical Device Industry Development Research Report (hereinafter referred to as the “Report”) released in November 2024, revenue of Chinese medical device manufacturers grew from 553.2 billion yuan in previous years to 1,311 billion yuan in 2023, achieving a CAGR of 10%. China has become the world’s second-largest market, only second to the United States.

While steadily increasing in scale, China is making breakthroughs in key areas, with medical devices gradually shifting towards high-end domestic production and industrialization. In 2023, the scale of China’s high-end medical device industry surpassed 900 billion yuan, marking a 12.3% YoY growth and sustaining its rapid expansion. However, the industry remains characterized “Big but not strong”, by a concentration in low-end products, with high-end medical devices still largely dependent on imports. With the aging of the population, the demand for medical device innovation is becoming increasingly urgent.

Meanwhile, the role of engineering disciplines in promoting innovation and intelligence of medical devices, as well as their support in high-precision processing technology and new material R&D for upgrading the entire industrial system, cannot be overlooked. As of December 2024, China’s medical device industry market size will exceed 1.2 trillion yuan, marking a YoY growth of about 2.2%. The trend for medical device and industrial enterprises to transform into composite enterprises has arrived.

The 2025 Medtec further integrates resources, bringing together thousands of medical engineering enterprises in two pavilions

As the annual gathering place for medical device manufacturers to release new equipment, technologies, materials, and trends, Medtec 2025 will continue using Hall 1 (Medical Manufacting Service & Equipment Pavilion) and Hall 2 (Medical Meterials & Core Components Pavilion) at the Shanghai World Expo Exhibition & Convention Center. Additionally, Medtec will further consolidate and subdivide the current exhibit categories in 2025, covering medical-engineering categories, as well as medical device industrial supply chain categories, aiming to provide a better platform for industry brand and product displays. Currently, more than 700 companies and brands with their leading products are participating in the exhibition. Early bird pricing ends on January 27, with the last two weeks of early bird discounts available. Click here to register and participate in the exhibition, expand your network, and enhance brand value.

Some of the exhibitors: HnG Medical Technology (Canada), Shanghai Haofeng Medical Technology Co., Ltd, TRUMPH (China) Co., Ltd, TE Connectivity, DuPont China, Xuzhou Henghui Braiding Machinery Co. Ltd., Knowles Electronics, LLC., WAFIOS, IBA Particle Accelerator Technology (Beijing) Co., Ltd., Joined (Suzhou) Machinery Technology Co., Ltd., and Omould Technology (Shenzhen) Co., LTD.

2024 Medtec on-site exhibitor-visitor exchange
2024 Medtec on-site exhibitor-visitor exchange

Promoting the localization of high-end active equipment with “R&D and Innovation” as the engine

Medtec has been in China for 20 years, and the exhibition has always adhered to the principle of integrating industry quality buyer resources to create a professional and leading platform. This aims to provide more exhibitors and related enterprises with opportunities for communication, display, sharing, and cooperation.

With advancements in medical standards and increasing healthcare demands, high-end medical equipment plays an indispensable role in enhancing medical efficiency and precision medicine. Industrial design can often address critical challenges in various medical device fields. In the current environment, companies must maintain product innovation and accelerate business transformation to solidify their brand and product competitiveness. To align with industry development, Medtec has been focusing on “Smart Manufacturing.” In 2024, over 150 exhibitors showcased products including optical components, endoscopic parts, lasers, imaging solutions, chip, sensors, integrated circuits, connectors and power supplies. The 2025 exhibition will also follow the trend, focusing on medical-engineering integration and the industrialization of medical devices, with a particular emphasis on the “High-End Active Medical Device Technology Exhibition (ADTE).”

This year, ADTE plans to cover an exhibition area of 1500 ㎡. Currently participating high-end active enterprises include Amphenol, Lemo Electronics (Shanghai) Co., Ltd., Fugan Optoelectronic Technology (Shenzhen) Co., Ltd., Zhejiang Quarkmed Medical Devices Co., Ltd., GlobTek Power Technology (Suzhou) Co., Ltd., Shenzhen Launch Electrical Co. Ltd, (Launch Medical)., Suzhou Chike Electronic Technology Co., Ltd., Guangzhou Weshi Optoelectronic Medical Technology Co., Ltd., Shenzhen Titi Electronics Co., Ltd., and Toradex (Shanghai) Computer Technology Co., Ltd. Click here to register and join the high-end medical device intelligent manufacturing trade platform.

Integration & Renewal  Concurrent Sessions “Enhanced in Both Quantity and Quality”

In 2024, Medtec hosted 100+ technical forums and supporting activities, covering topics such as regulatory interpretation, quality, medical-engineering integration, technology, consumer healthcare, market & investment. At the same time, Medtec also launched its inaugural consumer healthcare forum, focusing on aesthetics, assisted reproduction, dentistry, and ophthalmology, with the participation of more than 3,500+ conference delegates. Nearly 120 distinguished guests from regulatory agencies, research institutes, leading universities, and top companies will share their insights on products, technologies, and industry trends.

Medtec 2025 will not only retain sections on regulations, quality, technology, and investment but will also integrate thematic forums under each section to create a clearer conference structure. This will provide delegates with a more intuitive understanding of the conference content. Additionally, Medtec 2025 will introduce an “Academic Forum”, inviting guests from universities and research institutes to conduct in-depth academic sharing, aiming to lead the industry with the latest academic information.

Please visit Medtec official website: www.medtecchina.com for more information

 

Malaysia Airlines Launches Global “Time For” marketing campaign Connecting Travellers to Over 60 Destinations

KUALA LUMPUR, Malaysia, Jan. 15, 2025 /PRNewswire/ — Malaysia Airlines is starting the new year with the launch of its global “Time For” signature marketing campaign, inviting travellers worldwide to embrace the joy of discovery and make 2025 a year of memorable journeys. Through this campaign, Malaysia Airlines will also strategically position Malaysia on the global stage with activations such as tram wraps in Melbourne and taxi and bus branding in the United Kingdom. These efforts align with “Visit Malaysia 2026”, reinforcing the country as the ultimate gateway to Asia and beyond.

Malaysia Airlines Launches Global “Time For” marketing campaign Connecting Travellers to Over 60 Destinations
Malaysia Airlines Launches Global “Time For” marketing campaign Connecting Travellers to Over 60 Destinations

In conjunction with the launch of this “Time For” marketing campaign, Malaysia Airlines is offering an exclusive global sale with fares starting from HKD 1,670 to over 60 destinations. The sale is available from today until 22 January 2025. Passengers can enjoy enhanced in-flight services with personalised onboard dining with its “Chef on Call” menu, premium amenity kits as well as the recently launched MH Young Explorers Club (available on departures from KLIA only) to cater for families with young travellers. This includes dedicated priority check-in counters and family boarding privileges whilst young travellers can enjoy specially curated kids’ menus and in-flight kids’ activity pack to keep them entertained.

Dersenish Aresandiran, Chief Commercial Officer of Airlines from Malaysia Aviation Group, said, “Our “Time For” marketing campaign is more than just a celebration of travel; it’s an invitation for the world to discover Malaysia and connect to the best of Asia and beyond. Malaysia Airlines is committed to positioning Malaysia as the ultimate gateway to this vibrant region while showcasing the warmth and diversity of our culture. With curated offerings such as our Best of Asia and Chef-on-Call menus and thoughtfully designed in-flight experiences, we’re setting a new standard for memorable journeys that truly embody Malaysian Hospitality. There’s never been a better time to travel with Malaysia Airlines.”

As part of this exciting offer, travellers can enjoy all-in return Economy Class fares starting from HKD1,670, while Business Class fares can be enjoyed from HKD7,960. This sale spans multiple regions, offering exceptional value on flights to some of the world’s most sought-after destinations. Immerse yourself in the vibrant cultural tapestry of Kuala Lumpur, the serene beauty of Kota Kinabalu’s towering mountains, the bustling streets of Singapore, and the charming colonial essence of Colombo. Discover the enchanting landscapes and scenic wonders of Auckland. It’s the perfect time to embark on a memorable journey with Malaysia Airlines, where familiar horizons meet exciting new adventures. 

Destination
(from Hongkong)

Business Class All-in return
from (HKD)

Economy Class All-in return
from (HKD)

Kuala Lumpur

7,960

1,670

Penang

9,070

1,860

Langkawi

11,380

3,080

Kota Kinabalu

13,260

3,610

Singapore

14,460

1,810

Bali

14,110

2,870

Colombo

15,620

3,870

Auckland

33,450

6,580

Perth

28,030

5,540

Paris

23,200

6,150

In addition to these discounted fares, passengers can also take advantage of ancillary promotions, including up to 10% off on seat selections, the Value Bundle (which includes a standard seat and 10kg extra baggage), the Premium Bundle (which features an extra legroom seat and KLIA Terminal 1 Golden Lounge access), and the MH Traveller’s Trio package (which combines a standard seat, 10kg extra baggage, and KLIA Terminal 1 Golden Lounge access). This is the perfect opportunity to kickstart your 2025 travel plans with incredible savings and benefits, while exploring the world’s most beautiful and exciting destinations.

Make 2025 a year of discovery and create timeless memories with Malaysia Airlines. For more information and to book your next holiday, visit the official Malaysia Airlines website  at www.malaysiaairlines.com or mobile app to get the latest information and promotions conveniently at your fingertips anytime and anywhere.

END

About Malaysia Airlines 

Malaysia Airlines is the national carrier of Malaysia, offering the best way to fly to, from and around Malaysia through its premium and full-service offerings. Malaysia Airlines carries up to 40,000 guests daily on memorable journeys inspired by Malaysia’s diverse richness. As the nation’s flag bearer, it embodies the incredible diversity of Malaysia; capturing its rich traditions, cultures and cuisines via its inimitable Malaysian Hospitality across all customer touch points. 

Since September 2015, the airline has been owned and operated by Malaysia Airlines Berhad. It is part of the Malaysia Aviation Group (MAG), a global aviation organisation that comprises of different aviation business and lifestyle travel solution portfolios aimed at serving global air travel needs. The airline is committed to facilitating safe and seamless travels by placing safety and hygiene as the anchor across all end-to-end consumer touchpoints in line with its MHFlySafe initiative. Via its alliance with oneworld®, Malaysia Airlines offers superior connectivity to more than 900 destinations in 170 territories across the globe. For more information, please visit www.malaysiaairlines.com and download the Malaysia Airlines app to get the latest promotions conveniently at your fingertips. 

Issued by Group Communications, Malaysia Aviation Group.