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  • Civic Group Cites Claims of Estafa Complaints vs Self-Styled Anti-Crime Leader

    Civic Group Cites Claims of Estafa Complaints vs Self-Styled Anti-Crime Leader

    A Davao-based civic organization has raised claims that estafa complaints may have been filed against Louie Ceniza, a private individual who has publicly presented himself as founder of a group portraying itself as connected to a “Presidential Anti-Crime” body.

    In its advisory, the civic group said it received public complaints and conducted a background inquiry after Ceniza became increasingly visible in local disputes where, according to the group, he allegedly invoked anti-crime authority.

    The organization said the information it gathered pointed to alleged estafa-related complaints involving separate complainants and transactions, but it noted that it did not have access to complete court dockets and urged authorities to verify whether any cases exist and their current status.

    The civic group also cited information about a separate, purported large-scale estafa complaint allegedly linked to transactions involving Philippine Offshore Gaming Operations (POGO).

    It stressed, however, that detailed filings and official court records were not available to it and remained subject to independent verification.

    The group said it decided to issue the advisory as a consumer-warning measure to encourage residents to exercise caution and to seek confirmation from official channels when dealing with individuals or groups claiming government links.

    Questions about the group’s public claims have also centered on its repeated references to the Presidential Anti-Crime Commission (PACC).

    According to individuals familiar with prior clarifications, government and law-enforcement offices have stated that Ceniza and individuals operating under his group’s banner are not authorized by and not affiliated with the PACC, and that the group carries no official mandate.

    Authorities have reminded the public that only duly designated government bodies and personnel may claim official anti-crime authority.

    Ceniza has previously denied wrongdoing in connection with past controversies, describing his actions as those of a private citizen. As of press time, he had not issued a detailed response specifically addressing the claims cited in the advisory.

    Residents who encounter organizations claiming government affiliation are advised to request verifiable documentation and to confirm claims directly through official government channels. Any legal liability, if any, is a matter for the courts to determine.

    Ceniza was sought for comment but was not immediately reachable as of press time.

  • Geekplus approaches Unlocking, Major Cornerstone Investors such as Xiongan Fund Commit to Holding Shares

    HONG KONG, January 5, 2026 – (ACN Newswire) – As the “world’s first listed warehouse robotics company”, Geekplus (2590.HK) will embark on its first unlocking period after listing on January 9. The unlocking applies to cornerstone investors, while the lock-up period for existing shareholders will expire in July 2026. In response to the unlocking, cornerstone investors such as Xiongan Fund have expressed that they will not rush to reduce their holdings due to the unlocking and will continue to support the company’s long-term development.

    It is noteworthy that Geekplus recently relocated its headquarters to Xiong’an, deeply integrating into the robotics industry ecosystem of Xiong’an New Area and injecting strong momentum into the innovative development of the robotics industry. As Geekplus’s largest cornerstone investor, Zhang Le, general manager of Xiongan Fund, stated that the robotics industry is currently accelerating its intelligent transformation, with the global robotics sector entering a period of rapid development opportunities. Xiong’an New Area is actively positioning itself to develop the robotics industry, foster new quality productive forces, and strive to build itself into a hub of innovation and entrepreneurship for the new era.

    “Geekplus serves as a strategic anchor in the robotics industry layout of Xiong’an New Area, having not only built formidable technical barriers but also established a mature and replicable commercialization model, with its global market expansion achievements widely recognized. In alignment with long-term vision of building a robotics innovation hub in Xiong’an New Area, we remain highly confident in Geekplus’s growth prospects and long-term value. The unlocking does not alter our commitment to long-term holding. As a leading AI+ robotics enterprise, Geekplus is poised to play a pioneering role in the global industrial intelligent transformation and the wave of embodied intelligence, with its long-term value set to materialize alongside industrial evolution. We hold full confidence in this trajectory”.

    Imminent inclusion in the Southbound Trading is set to boost both market confidence and liquidity

    Beyond the confidence from cornerstone investors, capital market recognition of Geekplus continues to grow. On December 8, Geekplus was officially included as a constituent stock of the Hang Seng Composite Index, becoming one of only two robotics hardware companies in the Hong Kong stock market included in the index. Inclusion in the Hang Seng Composite Index signifies that the company meets higher market standards in terms of market capitalization and liquidity, which will help attract more passive funds and lead to a significant boost in liquidity. In addition, this also means that Geekplus will subsequently enter the Southbound Trading on February 6, attracting greater participation from Mainland China investors and further enhancing the company’s stock price and valuation.

    Industry analysis points out that the cornerstone investors’ clear commitment to not selling their shares has laid a solid foundation of confidence for a smooth transition through the unlocking period. This, combined with the positive expectation that the company is likely to be included in the Southbound Trading next month, creates a dual positive signal, jointly providing strong support for stabilizing the company’s stock price and valuation.

    Embodied Intelligence  takes a major leap forward as general-purpose warehouse robots prepare to make their debut

    The confidence expressed by the capital market is rooted in Geekplus’s persistent dedication to its core technologies and its forward-looking strategic initiatives. In terms of technological innovation, Geekplus has adopted a unique “scenario-first” approach, securing a first-mover advantage in the field of Embodied Intelligence for warehouse automation. In July 2025, Geekplus established a subsidiary dedicated to embodied intelligence, and launched a general robotic arm operation technology solution, the Geek+ Brain, an embodied intelligence base model designed specifically for warehousing scenarios, as well as an embodied intelligence unmanned picking workstation and the industry’s first fully unmanned picking robot solution, which successfully solved the challenge of accurate picking of ultra-large-scale product SKUs, propelling intelligent warehousing from “partial intelligence” toward “full-process intelligence”, while raising the standard and feasibility of fully unmanned warehouses to new heights.

    With the implementation of full-process unmanned picking, the company continues to intensify its investment in technological research and development. It is reported that the company’s self-developed general-purpose warehouse robots are expected to be officially launched in the near future.

    With high growth in performance and seven consecutive years as market leader, commercialization and globalization drive long-term value

    The company’s strong performance momentum, solid commercialization results, and leading global market position have also earned significant recognition from the capital market.

    In terms of performance, Geekplus demonstrates robust growth momentum and continues to maintain its position as the company with the “largest revenue scale and strongest profitability” in the Hong Kong-listed robotics sector, leading the ToB intelligent robotics field. In the first half of 2025, the company achieved revenue of RMB1.025 billion, representing a year-on-year increase of 31%. Revenue from overseas markets amounted to RMB815 million, accounting for nearly 80% of total revenue; gross profit grew by 43.1% year-on-year to RMB360 million, while adjusted EBITDA turned positive for the first time, and the net loss narrowed significantly by 94%, approaching a profitability inflection point. The company is poised to become one of the first profitable robotics companies listed in Hong Kong. Additionally, Geekplus secured new orders worth RMB1.76 billion in the first half of the year, up 30.1% year-on-year, including several orders exceeding RMB100 million, which strongly validates Geekplus’s clear path to profitability, along with the sustainability and high-growth potential of its business, positioning the company firmly on the fast track of commercialization.

    The impressive performance stems from the significant success of Geekplus’s global expansion strategy, as the company maintains its leading position in the global AMR market, fully unleashing its profit potential. According to data from the authoritative market research firm Interact Analysis in its 2025 Mobile Robot Market Report, Geekplus has ranked first in global market share for autonomous mobile robots (AMR) for seven consecutive years. The company operates in over 40 countries and regions worldwide. As of June 30, 2025, Geekplus has cumulatively delivered more than 66,000 robots and serves over 850 end customers, including more than 65 Forbes Global 500 companies, with a customer repurchase rate exceeding 80%. This indicates that the company’s products are gradually becoming core infrastructure within global supply chain systems.

    From an industry perspective, the global AMR solution market exhibits strong growth momentum. According to forecasts by CIC Consulting, the market is expected to expand at a compound annual growth rate of 33% from 2024 to 2029, with its scale projected to exceed RMB162 billion by 2029. At the same time, the penetration rate of AMR solution in warehouse automation has significantly increased to 20.2%, providing a solid foundation for Geekplus’s growth in the high-potential sector.

    In conclusion, Geekplus possesses a leading industry position, a mature business model, and an increasingly clear path to profitability, all supported by steadfast confidence from its cornerstone investors. With the continuous strengthening of its fundamentals and the sustained positive outlook of the industry, the certainty of its growth prospects is further reinforced.

  • Think Business, Think Hong Kong strengthens Italy-Hong Kong ties and opens new path for Asian collaboration

    Think Business, Think Hong Kong strengthens Italy-Hong Kong ties and opens new path for Asian collaboration

    – Over 1,000 participants explored rising opportunities in Asia

    • Some 760 participants attended Milan symposium to explore opportunities in finance, innovation, supply chain and creative industries
    • A flagship event featuring high-level dialogues and more than 260 on-site business matching meetings connected Hong Kong and Italian companies

    Milan, Italy, Nov 28, 2025 – (ACN Newswire) –  The Think Business, Think Hong Kong (TBTHK) signature promotion organised by the Hong Kong Trade Development Council (HKTDC) was held on 27 November in Milan to promote bilateral trade and investment with Italy.

    Returning to Italy for the first time since 2014, the TBTHK event attracted over 1,000 participants. The TBTHK symposium was held at Palazzo Mezzanotte – home of the Italian Stock Exchange – and attended by some 760 participants, reaffirming the strong and growing relationship between Hong Kong and Italy. Over 240 leaders of the Italian, European and Hong Kong business communities joined the Hong Kong Dinner.

    TBTHK Milan gathered over 90 delegates from Hong Kong, including government officials, business and creative industry leaders, financial and professional services providers, investors and start-up entrepreneurs, as well as executives from Chinese Mainland companies based in Hong Kong for a day of dialogue, networking and partnership building with Italian companies keen to expand into Asia. The event highlighted Hong Kong’s role as a superconnector and super value-adder, enabling both Hong Kong and mainland enterprises to go global and seize opportunities in Italy and across Europe.

    At the symposium’s Opening Session, Paul Chan, Hong Kong SAR Government Financial Secretary, and Prof Frederick Ma, HKTDC Chairman delivered remarks. Valentino Valentini, Deputy Minister of the Ministry of Enterprise and Made in Italy, delivered a video speech.

    In his opening remarks, Mr Chan said: “For long, Hong Kong and Italy have much in common. We share a passion for creativity, craftsmanship, and elegance. Italian style has captured our hearts. Our two cities (Hong Kong and Milan) are gateways connecting continents, blending Eastern and Western ingenuity. And we both thrive on openness, creativity, innovation and entrepreneurial spirit.”

    Mr Chan mentioned that the economic partnership between Hong Kong and Italy is flourishing and remarkably diverse: “In 2024, bilateral merchandise trade reached €7.2 billion. Some 200 Italian companies, from world-beating brands to leading players in banking, insurance, logistics and chocolate, have their regional headquarters, offices or operations in Hong Kong.”

    In his welcome remarks, Prof Ma said: “At the HKTDC, facilitating partnerships is at the core of what we do. Partnerships lead to innovation. And innovation drives growth and expansion. We help businesses, large and small, realise their growth and expansion plans, wherever they may be – China, Asia and beyond.”

    Prof Ma added: “Renowned as one of the world’s leading international financial hubs, many opportunities await Italian businesses in Hong Kong – in traditional and newer sectors. Just like Italy, Hong Kong is focused on I&T. This covers fintech, greentech, AI and smart city development, the creative sector and more. I see great potential for collaboration.”

    Mr Valentini said: “Italian companies that have been present in Hong Kong for many years now play a leading role in sectors such as fashion, luxury, design, food, manufacturing and logistics, and are also paving the way in more innovative fields.”

    Mr Valentini added that Hong Kong is an ideal platform for Italian companies that wish to grow in the Chinese Mainland and the wider Asian region, while Italy is moving to further enhance its attractiveness to new investment. The relationship between Italy and Hong Kong is built on decades of exchange and close ties. Now is the time to turn this experience into new, successful partnerships for the benefit of Italian businesses and entrepreneurs.

    High-level exchanges highlight new areas of collaboration

    The plenary session explored global economic trends, the evolving role of Hong Kong’s financial markets and the deep integration with the Chinese Mainland that continues to provide international companies, including Italian ones, with a competitive advantage in accessing Asia. The session brought together leading figures from the international business community to discuss how Hong Kong continues to serve as a strategic gateway to Asia.

    Chaired by Hans Michael Jebsen, Chairman of the Hong Kong-Europe Business Council and Jebsen Group, the discussion featured insights from Bernard Chan, Chairman of the West Kowloon Cultural District Authority and President of Asia Financial Holdings Limited; Bonnie Chan, CEO of Hong Kong Exchanges and Clearing Limited; Claudio de Bedin, Partner at Justin Chow & de Bedin Solicitors LLP; Fabio De Rosa, Head of Global Transaction Banking, Banco BPM; and Alex Zhavoronkov, Founder and CEO of Insilico Medicine.

    Reflecting the evolving priorities of both economies, the five thematic sessions covered four strategic areas. The Digital Trade and Finance session, co-organised with the Hong Kong Monetary Authority, explored how technology is reshaping cross-border trade and financial flows. It also showcased how platforms, such as distributed ledger-based trade solutions and commercial data exchange systems, are enhancing efficiency, transparency and access to financing – offering new pathways for Italy-Hong Kong trade collaboration.

    The Innovation and Technology session, supported by the Hong Kong Science and Technology Parks Corporation, focused on smart city innovation and the rapid rise of AI-powered technologies in Asia, illustrating how Italian companies can engage with Hong Kong’s burgeoning innovation ecosystem.

    After a networking luncheon, the Global Supply Chain session, co-organised with Invest Hong Kong, examined how Hong Kong’s capital markets and corporate treasury frameworks are driving transformation in global supply chains. The discussion highlighted Hong Kong’s role as a hub for supply chain digitalisation, green logistics and advanced manufacturing partnerships.

    Two Creative and Design sessions were held. One brought together celebrated architects and designers from Hong Kong and Italy, including Steve Leung, Founder of Steve Leung Design Group; Andrea Ponti, Founder and Design Director of Ponti Design Studio Limited; and Dr Rocco Yim, Principal of Rocco Design Architects Associates Limited. The second one, co-organised with the Hong Kong Design Centre and Hong Kong Designers Association, explored how Hong Kong and Italy – two global centres of creativity – can co-design new opportunities in architecture, lifestyle, luxury and cultural innovation. Participants discussed how the fusion of Italian craftsmanship and Hong Kong’s cultural vibrancy can unlock new markets across Asia.

    Networking and strategic dialogue reinforce long-term ties

    Alongside the symposium, TBTHK facilitated over 260 on-site business matching meetings, one-on-one consultations and dedicated networking opportunities. During the event, participants also browsed the InnoVenture Salon and Business Support Zone, an exhibition area featuring over 20 exhibitors from Hong Kong, including start-ups and representatives from government agencies, accounting firms, corporate services companies, logistics specialists, legal firms and many other sectors. The zones provided a practical platform for Italian companies to connect with Hong Kong-based experts, pursue innovative services, solutions and technologies and strengthen cross-border collaboration.

    Following the symposium, the Hong Kong Dinner was held at Palazzo Parigi. It was attended by over 240 business leaders, government officials and representatives of the Hong Kong and Italian business communities, further promoting bilateral economic and cultural exchanges.

    Photo Download: http://bit.ly/44xYBrq

    Think Business, Think Hong Kong Milan organised by the HKTDC was held on 27 November at Palazzo Mezzanotte, attracting some 760 participants. The plenary session brought together leading figures from the international business community to discuss how Hong Kong continues to serve as a strategic gateway to Asia
    Paul Chan, Financial Secretary of the Hong Kong SAR Government, talked about deepening economic ties between Hong Kong and Italy
    Prof Frederick Ma, Chairman of the HKTDC, highlighted opportunities for greater collaboration between Hong Kong and Italian companies
    Valentino Valentini, Deputy Minister of the Ministry of Enterprise and Made in Italy, addressed participants at TBTHK Milan
    The TBTHK symposium featured an InnoVenture Salon exhibition with Hong Kong start-ups showcasing their innovations


    Websites:

    Think Business, Think Hong Kong:
    https://thinkbusinessthinkhk.com/2025-milan/symposium/en/index.html

    Media enquiries

    HKTDC’s Communication & Public Affairs Department:

    Jane Cheung Tel: +852 2584 4137 Email: jane.mh.cheung@hktdc.org

    Weber Shandwick

    Nadia Lauria Tel: +39 3356962981 Email: hkmedia@webershandwickitalia.it
    Marco Pedrazzini Tel: +39 3470369222 Email: hkmedia@webershandwickitalia.it
    Ines Baraldi Tel: +39 3428650498 Email: hkmedia@webershandwickitalia.it

    About HKTDC

    The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus.

  • PlayLah Sets a New Standard for Casual Mobile Entertainment With Its Global Launch

    SINGAPORE, Nov 25, 2025 – (ACN Newswire) – On November 25, 2025, PlayLah, a product of VOLCANO ENTERTAINMENT PTE. LTD., officially launched its new entertainment-focused casual gaming platform, enabling players to enjoy fast, stress-free mini-games anytime and anywhere.

    The arrival of PlayLah marks a significant moment in the global casual gaming landscape. In an era where mobile entertainment is increasingly defined by convenience, speed, and simplicity, PlayLah positions itself as a dedicated hub for instant enjoyment. Built from the ground up to match the habits of modern players, it offers a seamless entertainment experience designed for the scattered moments of everyday life. Whether someone wants to relax during a short break, unwind after work, or simply fill a few idle minutes, PlayLah provides a space where fun is always one tap away.

    A Fresh Take on Casual Gaming

    Mobile gaming has gone through several transformations in the last decade. There was a time when players favored large-scale titles with elaborate content and heavy progression systems. Yet the reality of daily life has shifted. More users now prefer games that deliver pleasure quickly, without demanding commitment or long hours. This behavioral shift is particularly visible across Asia, Europe, and the Americas, where busy routines leave limited time for lengthy entertainment sessions.

    PlayLah identifies this trend and responds with a platform engineered entirely around instant play. Every title available on the app is designed with straightforward mechanics that are easy to grasp within seconds. The gameplay loops are intentionally compact, allowing players to enjoy meaningful fun without any mental burden. This approach enables PlayLah to stand out amid an industry full of complex systems and resource-heavy titles, reminding users that joy can be simple, direct, and accessible.

    An Ever-Growing Library of Mini-Games

    One of the strengths of PlayLah lies in its diverse collection of mini-games. Unlike traditional single-title apps, PlayLah functions as a curated catalogue where each game offers a different style of entertainment. The selection covers reflex challenges, timing tests, puzzle solving, obstacle runs, casual action, and many other micro-genres that appeal to players of varying preferences.

    The essence of every game in PlayLah is clarity. Players are not required to memorize rules or understand complicated user interfaces. Each game introduces its objective immediately, letting players jump into action without hesitation. This simplicity does not diminish enjoyment. Instead, it enhances it by maximizing accessibility and minimising barriers to entry. Even players with minimal gaming experience can pick up a game and start having fun instantly.

    The continuous expansion of the game library also ensures that PlayLah remains fresh over time. New games are added progressively, giving users more content to explore and revisit. This steady growth contributes to long-term engagement, as players have multiple reasons to return and discover what is new each week.

    Smooth Performance and User-Centric Design

    Performance is a critical part of the PlayLah experience. Many mobile games suffer from long loading times, heavy assets, and battery drain. PlayLah addresses these issues through deliberate technical optimization. During internal and external evaluations, game loading speeds remained consistently fast. Interface responsiveness was smooth across all major device categories, and the overall storage footprint of the app stayed remarkably light.

    The platform’s user interface was constructed with a focus on clarity and comfort. Instead of overwhelming users with excessive visuals, PlayLah adopts a modern, minimalist style. Screens are clean, layout spacing is carefully balanced, and navigation flows naturally. This calm and structured presentation ensures that users never feel lost or pressured while browsing the game list.

    Such design choices create an atmosphere of relaxation, which aligns perfectly with the platform’s goal. PlayLah is built not only to entertain but also to serve as a refreshing digital environment where players can unwind without distractions.

    A Social Platform at Its Core

    Even though the games on PlayLah are small in size, the platform itself offers a deep layer of social interactions. PlayLah was developed with the belief that entertainment becomes more meaningful when shared with others. Players can build profiles that reflect their personality through avatars, game collections, and progress markers. They can add friends, track one another’s achievements, and exchange friendly challenges.

    Leaderboards and rankings allow players to measure themselves against others, both globally and regionally. These rankings are positioned as light-hearted challenges rather than competitive pressure. The intent is to encourage interaction, not to create stress. Achievements, milestones, and performance records further enhance the sense of progression without forcing players into long-term obligations.

    Through these features, PlayLah transforms quick entertainment moments into an engaging community experience. It becomes a platform where interaction and fun coexist, making gameplay more rewarding and socially vibrant.

    Fair and Transparent Monetization

    Monetization in mobile games is often a concern for players. Many apps rely on intrusive methods, aggressive pop-ups, or essential features locked behind payment. PlayLah takes a very different approach. Its monetization system is transparent, optional, and oriented toward enhancements rather than necessities.

    Players may purchase decorative items such as avatars and skins, as well as in-app currencies used to unlock aesthetic customization. Seasonal bundles provide additional value during special events. Optional ads are available for users who want extra rewards without spending money. A subscription model is under development to provide consistent value for highly active players.

    PlayLah ensures that all core content remains free. No essential gameplay mechanics, game modes, or features are restricted by payment. This philosophy prioritizes trust and long-lasting player satisfaction, which is crucial for a platform designed for an international audience.

    A Product Built for Global Expansion

    Casual gaming has a universal appeal that transcends age, culture, and geography. With its accessible design and broad content variety, PlayLah is positioned to enter markets ranging from Southeast Asia and the Middle East to Europe, North America, and Latin America.

    The app’s lightweight architecture allows it to run on a wide range of devices. It requires minimal storage, loads quickly even in areas with slower network speeds, and does not drain power heavily. These qualities make it particularly ideal for emerging markets where device specifications vary widely.

    PlayLah’s user interface is also built with future localization in mind. Multi-language support will enable the platform to adapt quickly to the cultural and linguistic needs of various regions. This flexibility contributes to PlayLah’s global growth potential.

    The Vision Behind the Platform

    PlayLah represents the ambitions of Volcano Entertainment Pte. Ltd., a Singapore-based company dedicated to social entertainment and mobile gaming. The company’s vision extends beyond creating a single app. It seeks to build a portfolio of entertainment products that connect people, cultures, and communities through accessible digital experiences.

    With PlayLah, the company aims to introduce a product that offers creativity, enjoyment, and cross-cultural appeal. The platform’s launch is an important milestone, showcasing the team’s commitment to delivering high-quality entertainment.

    Continuous Innovation and Long-Term Roadmap

    The launch version of PlayLah is only the foundation. The development team has already outlined a roadmap filled with new features and improvements. Upcoming updates include real-time multiplayer games, social rooms where players can interact while playing, enhanced community tools, and new daily engagement systems. Seasonal events and themed challenges will further enrich the platform’s content, offering fresh experiences throughout the year.

    Localization updates will gradually introduce multiple languages to support the platform’s global rollout. In the long term, the team is exploring tools that allow independent developers to contribute their own mini-games to the PlayLah ecosystem. This expansion has the potential to transform the platform into a dynamic creator-driven community.

    Why PlayLah Stands Out

    The mobile entertainment landscape is crowded, yet PlayLah stands out because of its clarity of purpose. It does not attempt to be a large, complex gaming universe. Instead, it focuses on what many players genuinely want: quick relief, simple joy, and accessible fun. In a world full of digital intensity and information overload, PlayLah acts as a refreshing contrast.

    It serves students needing a quick break, professionals seeking a moment of relaxation, parents wanting light entertainment, and social groups who enjoy friendly challenges. Its strength lies in being simple without being shallow, social without being demanding, and entertaining without being overwhelming.

    Conclusion

    PlayLah’s official launch signals the beginning of a new chapter in casual mobile entertainment. By focusing on fast gameplay, friendly design, approachable mechanics, and social connectivity, the platform offers a refreshing and meaningful experience for players around the world.

    As the platform continues to grow, evolve, and expand internationally, its core mission remains constant. PlayLah will continue delivering instant, joyful entertainment to anyone, anytime, wherever they are.

    Media Contact
    Company: VOLCANO ENTERTAINMENT PTE. LTD.
    Contact Person: SHENG XIANG
    Email: support@playlah.com
    Website: https://playlah.com

  • Star Plus Legend (6683.HK) Becomes a Strategic Shareholder of Galaxy

    Star Plus Legend (6683.HK) Becomes a Strategic Shareholder of Galaxy

    HONG KONG, Nov 3, 2025 – (ACN Newswire) – Star Plus Legend Holdings Limited (“Star Plus Legend” or the “Company”, together with its subsidiary, the “Group”, stock code: 6683.HK), announced that the Group, through an industrial fund, has subscribed no more than 7% of the issued share capital (the “Investment”) of Galaxy Corporation Co., Ltd (“Galaxy”), a well-known entertainment management company in South Korea. The first closing of the Industry Fund was completed, and the Group has contributed US$8 million to subscribe for the Industry Fund’s Interest, being 16% of the Interest. The remaining Interest were held by two Independent Third Parties. The Investment is expected to create synergy for the Group through various cooperations with Galaxy and artists managed by it. The Group is currently engaged in advanced discussions with Galaxy regarding details of the strategic partnership, including but not limited to collaborations with Galaxy’s artists on exhibitions, concerts, and the development of artist IP and related merchandise.

    Galaxy boasts a roster of globally influential artists, including Kwon Ji-Yong (also known as G Dragon), Kim Jong-kook and Song Kanghao. Becoming a strategic shareholder of Galaxy marks a key milestone in the Company’s global IP expansion. This investment will not only strengthen the Company’s deep collaboration with top international celebrity IPs, but also inject strong momentum into its strategic vision of building a “global IP development and operation platform”.

    Two Industry-leading Powerhouses Join Forces to Seize the High Ground of Global Top-tier IP Resources

    In recent years, the Company has continued to expand its IP portfolio, led by two flagship celebrity IPs “CHOUCHOU” and “Coach Liu”, and the cumulative number of fans of the IP portfolio has reached 280 million. The Company also recently introduced a new original IP character, “WAKAEMO.” As the copyright owner of Jay Chou’s official Nijgen-style personality “CHOUCHOU,” the Company has successfully extended the IP’s licensing to five major sectors, including fashion, cultural and creative products, and 3C electronics. To date, “CHOUCHOU” has collaborated with over 200 brands, generating cumulative co-branded product sales exceeding RMB 1 billion.

    Galaxy holds artist IPs that possess exceptional rarity and strategic value, including Kwon Ji-Yong (a highly influential figure in the world of K-pop), Kim Jong-kook (best known internationally for his roles in Korean variety shows such as Running Man) and Song Kanghao (a global icon in cinemas and lead actor in movies including Parasite and A Taxi Driver). The global influence and commercial value of these renowned artists will provide strong support for the Company as it expands across Asia and beyond, marking a significant leap in the Company’s IP strategy from the Chinese-speaking market to the global stage.

    The Company’s celebrity IPs, particularly those related to Jay Chou, demonstrate immense commercial potential, a solid fan base, and strong market appeal. The partnership between these two industry-leading powerhouses represents not only a strategic integration of resources, but also a mutual empowerment of brand influence. This collaboration is expected to significantly enhance both parties’ global visibility and unlock broader international cooperation opportunities. The strategic value of IP has already been recognized by the market: Star Plus Legend’s stock price once surged over 160% in a single day following Jay Chou’s debut on Douyin as “CHOUCHOU.”

    This investment aligns seamlessly with the Company’s recent series of strategic initiatives. From launching a collaboration program with 100 international pop artists, to partnering with Unitree Robotics in developing IP-based smart robots, and becoming the only private-sector shareholder of the National Stadium (Bird’s Nest), the Company is building a global ecosystem that integrates “IP + Products + Technology + Channels.” The investment in Galaxy represents a crucial step in this strategic blueprint, expected to generate new growth momentum and unlock the limitless potential of the “IP+” model.

    Unlocking the Commercial Potential of Global IPs and Building a Worldwide IP Ecosystem

    The Company plans to collaborate closely with Galaxy across multiple areas, including global concert tours, large-scale themed exhibitions, and the creation and development of celebrity IPs and related merchandise. By leveraging Galaxy’s artist resources, the Company will apply its mature capabilities in IP creation and end-to-end operations to bring these collaborative projects to global markets, enabling scalable expansion of its business model.

    In addition, by becoming a strategic shareholder of Galaxy, the Company establishes a capital linkage that systematically connects it to a diversified and mature pool of international IP resources. This provides a richer content foundation and more stable resource support for IP operations, strongly underpinning the Company’s goal of building a “global IP development and operation platform” and advancing toward a value-maximizing, sustainable IP ecosystem.

    The key highlight of this collaboration lies in the synergy between the Company’ top-tier celebrity IPs and its mature IP operation system, and Galaxy’s world-class international IP assets. Future cooperation between the two parties is expected to go beyond the one-way export of proven business models, aiming instead to achieve deep resonance between global top-tier IPs and operational capabilities in international markets. This not only promises substantive expansion of the Company’s business footprint but also has the potential to reshape market valuation logic, opening up a more imaginative growth space for investors.

  • IPO Watch – High-Margin International Business Scales Up Rapidly: Unpacking Hithium Energy Storage’s Global Expansion Ambition Behind its Push for a Hong Kong Listing

    HONG KONG, Oct 31, 2025 – (ACN Newswire) – The global energy transition presents an irreversible trend in the world today. Amidst this historic process, the energy storage industry is particularly critical in the construction of new power systems. Its exponential growth trajectory unequivocally declares it to be a “Golden Track” brimming with long-term potential. From an investment perspective, when selecting companies in the energy storage sector, leading players with high growth visibility and strong certainty are clearly the most worthwhile targets for current focus and monitoring. ZhiTong Finance believes that Xiamen Hithium Energy Storage Technology Co., Ltd. (hereafter referred to as “Hithium Energy Storage”), which recently filed its Application Proof for listing with the Hong Kong Stock Exchange (HKEX), is a prime example.

    Founded in 2019, Hithium Energy Storage has achieved an extraordinary market position in just over five years. This is naturally reflected in its financial statements, where core financial data continues to trace a steep upward curve. For instance, building on a high base from last year, Hithium Energy Storage’s revenue reached RMB 6.971 billion in the first six months of this year, representing a massive year-on-year increase of 224.6%. Gross profit rapidly expanded from less than RMB 100 million in the same period last year to RMB 916 million, marking a robust year-on-year surge of 1073.4%. The net profit metric also underwent a simultaneous “qualitative change,” successfully turning profitable in the first half of the year with a profit of RMB 223 million.

    Even more noteworthy, Hithium Energy Storage’s latest performance trend has released a strong value signal: its more profitable international business is powerfully “taking the baton” to become the new “locomotive” contributing incremental performance. In the first half of this year, the proportion of Hithium Energy Storage’s international revenue surged to 17.5%, a “qualitative leap” compared to 3.3% in the same period last year. While the revenue weight increased significantly, the profit potential of the international business was also initially unlocked. It is estimated that Hithium Energy Storage’s international business achieved a gross margin of 30.5% in the first half, a figure significantly higher than the 9.5% gross margin of its Chinese mainland business during the same period. The rapid scaling of Hithium Energy Storage’s international business is largely due to its early and acute recognition of the importance of overseas markets, evidenced by its proactive establishment of a production base in Texas, USA, making it the first Chinese company to set up energy storage system production capacity in the United States. With the rapid expansion of its international business, it is reasonable to expect Hithium Energy Storage’s revenue scale and profitability metrics to continue growing rapidly.

    Cultivating Global Competitiveness Around Core Strategies

    The corporate history of Hithium Energy Storage can, in a way, be viewed as a classic example of the global offensive launched by Chinese manufacturing. Over the past few years, Hithium Energy Storage’s business volume has continuously climbed new steps. According to the company’s prospectus, the compound annual growth rate of Hithium Energy Storage’s ESS battery shipments reached 167% from 2022 to 2024. In the first six months of this year, Hithium Energy Storage’s ESS battery shipments reached 30 GWh, with a year-on-year growth rate of 252.9%. Despite the high base, there is no sign of a “regression to the mean” in its shipment growth rate; instead, it has further accelerated.

    The secret behind the consistently rapid increase in Hithium Energy Storage’s product shipments is likely embedded within the company’s three core strategies. Focusing on energy storage is one of the company’s core strategies. Placing Hithium Energy Storage within the industry perspective, this is clearly an “atypical” new energy technology company. The key feature of this “atypical” nature is that since its inception, the company has consistently focused solely on the energy storage sector, unlike other leading companies in the industry that disperse their focus across the upstream and downstream of the industrial chain. It is likely due to this singular focus that Hithium Energy Storage is able to better understand the fundamental logic and core challenges of the industry. The continued realization of high growth expectations this year is undoubtedly closely linked to the company’s unwavering focus on the energy storage domain, based on a deep understanding of the market.

    In an era where technological innovation is playing a decisive role in the global competitiveness of the manufacturing industry, any manufacturing enterprise aiming to break out must establish a leading edge in technology and product capabilities. By adhering to the core strategy of building competitive barriers through R&D and innovation, Hithium Energy Storage has consistently matched the vast and rapidly growing market demand with high-quality supply over the years. Data shows that Hithium Energy Storage’s cumulative expenditure on R&D exceeded RMB 1.5 billion from 2022 to the first half of 2025. To date, the company has assembled an R&D team of over 1,030 professionals, with over 30% holding a master’s degree or higher. This continuously growing R&D expense and powerful R&D talent pool provide the foundational support for Hithium Energy Storage to intensively launch innovative products.

    In terms of energy storage battery products, Hithium Energy Storage currently mainly offers 280Ah and 314Ah cells and has unveiled the ∞Cell 587Ah and ∞Cell 1175Ah ESS batteries. Furthermore, it has introduced the sodium-ion ESS battery with a cycle life exceeding 20,000 cycles. Protected by its strong core scientific and technological capabilities, the company has entered a vigorous new product cycle.

    For energy storage system products, Hithium Energy Storage provides all-round energy storage systems with leading capabilities that can be applied in power stations, grids, data centers, commercial and industrial, and residential scenarios. Current delivered products include the 5MWh liquid-cooling energy storage system. Last month, at RE+ 2025—the largest and most influential international solar and energy storage exhibition globally, held in Las Vegas, USA—Hithium Energy Storage unveiled energy storage solutions for AI Data Centers (AIDC), such as the ∞Power 6.25MWh 8h lithium-ion long-duration energy storage system.

    Its core R&D innovation strength has also provided crucial assistance for Hithium Energy Storage to achieve scaled production and extreme efficiency. It is reported that Hithium Energy Storage has continuously overcome technological bottlenecks and successfully iterated four generations of smart factories within the last three years, leading to a continuous decline in unit manufacturing costs over the past three years. Currently, the company’s fifth-generation factory is also under construction and is expected to commence operation next year. Combined with the explosive growth in Hithium Energy Storage’s shipment data, it is fair to say that “Hithium Smart Manufacturing” has become a reality. Furthermore, the prospectus reveals that the ∞Cell 587Ah, ∞Cell 1175Ah, and ∞Cell N162Ah ESS battery cell products, as well as the ∞Power 6.25 MWh 2h/4h ESS system product, are all expected to achieve mass production in the second half of the year, which will lead to a continued significant increase in Hithium Energy Storage’s shipments in the latter half of the year.

    How to Evaluate the Investment Value of an “Evolving” Energy Storage Leader?

    Looking across the global capital markets, star technology stocks in mainstream markets have generally been favored by capital this year. The clear dominance of the growth style is underpinned by emerging industries, including new energy, which are gradually becoming critical drivers stimulating current economic growth, thereby guiding market consensus and capital flows.

    Given Hithium Energy Storage’s strong growth DNA, its consistent delivery on growth expectations over the past few years, and its high growth visibility for the future, it is anticipated that the company will become a highly sought-after “hot commodity” in the new stock market after its listing on the HKEX.

    Reviewing its historical performance, Hithium Energy Storage achieved a compound annual growth rate of 89% in revenue from 2022 to 2024. The gross profit margin significantly jumped from 11.3% in 2022 to 17.9% in 2024. Concurrently, the net profit metric achieved a historic turnaround in 2024, reaching RMB 288 million. Over the same period, the company’s metric of total assets minus current liabilities also grew annually, increasing from RMB 718 million in 2022 to RMB 1.701 billion in 2024, indicating a continuously optimizing balance sheet. Building upon the high-performance base of 2024, Hithium Energy Storage’s core financial data continued its rapid advance in the first half of this year, strongly fulfilling growth expectations.

    A detailed analysis shows that Hithium Energy Storage’s proactive adjustment of its business structure and market strategy is also a key reason for the leap in its financial data. In terms of business structure, the company continues to promote the development of businesses with higher added value. According to data from the prospectus, the revenue from energy storage systems accounted for 18.3% of total revenue in the first half of this year, a significant increase from 7.9% in the same period last year. From a profitability perspective, the gross margin for the ESS System business was 29.7% in the first half, notably higher than the 9.7% gross margin for the ESS Battery business. The rising weight of high-margin business clearly had a positive impact on increasing the company’s profits.

    Regarding its market strategy, as stated at the beginning of the article, Hithium Energy Storage has achieved global operations covering the entire value chain, guided by its globalization strategy. In 2024, the company’s international revenue ratio historically rose to 28.6%. In the first half of this year, Hithium Energy Storage’s revenue scale and revenue contribution ratio in Europe, the Middle East, Africa, Australia, and other countries and regions in Asia all significantly increased. All evidence indicates that Hithium Energy Storage’s strategic move to establish advanced production capacity in the United States played an extremely critical role in the further scaling of the company’s overall performance in the first half of this year. Currently, the company’s strategy of building a diversified global market is accelerating in its effectiveness, and its reliance on any single regional market is significantly reduced.

    ZhiTong Finance believes that Hithium Energy Storage’s track record has already proven it to be a company with deep growth DNA. Furthermore, considering the broad prospects of the energy storage sector and the company’s long-term strategy of increasing its presence in international markets, the company’s growth sustainability and visibility are excellent. Therefore, Hithium Energy Storage can be considered a high-potential stock in the energy storage field with significant long-term investment value. A company that aligns with market preference and investor expectations, upon its successful listing on the HKEX, is highly likely to be sought after by various capital sources.

  • ATOMIX TECHNOLOGY Makes Its Debut in Thailand at LogiMAT Southeast Asia 2025

    ATOMIX TECHNOLOGY Makes Its Debut in Thailand at LogiMAT Southeast Asia 2025

    BANGKOK, Oct 20, 2025 – (ACN Newswire) – ATOMIX TECHNOLOGY PTE. LTD., a fast-growing provider of intelligent intralogistics and automation solutions, made an impactful debut in Thailand at LogiMAT Southeast Asia 2025. This marks a major milestone in ATOMIX’s global journey – the company’s first-ever appearance in the Thai market – where it showcased its “1 Software + 4 Atoms” integrated solution, demonstrated its flagship pallet shuttle system and autonomous mobile robots (AMRs), and engaged deeply with local industry leaders to understand the market landscape and validate logistics demand in Thailand.

    Expanding Horizons: First Step into the Thai Market

    Thailand’s logistics sector is undergoing rapid transformation, driven by e-commerce growth, industrial automation, and increased cross-border trade. For ATOMIX TECHNOLOGY, entering this market is a strategic step in its Southeast Asian expansion plan. Participating in LogiMAT Southeast Asia was not only about showcasing technologies – it was about listening, learning, and validating the needs of Thai businesses to deliver better, more tailored solutions in the future.

    “This event is not just an exhibition for us – it’s a discovery mission,” said Jenny Lu of ATOMIX. “We came here to understand how the Thai logistics industry is evolving, what challenges companies are facing, and how our technologies can be adapted to meet those specific needs. Our goal is to grow with the market, not just enter it.”

    “1 Software + 4 Atoms”: The Future of Flexible Intralogistics

    At the heart of ATOMIX’s vision is its innovative “1 Software + 4 Atoms” strategy – a modular and scalable approach to intralogistics automation designed to help businesses build flexible, future-proof operations.

    I. Software – A powerful central platform that integrates warehouse control, fleet management, data analytics, and automation orchestration into a single intelligent system.

    II．4 Atoms – ATOMIX’s four core hardware modules: pallet shuttle, pallet AMR, Bin Shuttle, and Bin AMR, which can operate independently or as part of a fully connected ecosystem.

    This modular philosophy enables customers to start small and scale over time, adapting to changing operational demands without costly overhauls. It also reflects ATOMIX’s broader philosophy: flexibility is the foundation of future logistics.

    “Our ‘1 Software + 4 Atoms’ approach gives customers the freedom to design solutions that fit their exact needs,” explained Jenny Lu. “It’s not a one-size-fits-all model – it’s about combining components intelligently to create value, whether for a small warehouse or a large-scale distribution center.”

    Showcasing Core Solutions: Pallet Shuttle & AMR

    During LogiMAT Southeast Asia, ATOMIX drew strong attention with its flagship automation solutions – the pallet shuttle system and autonomous mobile robots (AMRs) – two key “atoms” in its ecosystem.

    Pallet Shuttle System – Efficiency and Space Optimization

    The pallet shuttle system is a high-density storage and retrieval solution that uses intelligent shuttles to transport pallets within racking systems. By eliminating the need for traditional forklifts in dense storage areas, the system increases storage capacity, reduces handling time, and improves safety.

    Key benefits include:

    1) Higher storage density – Up to 80% better space utilization.

    2) Improved throughput – Rapid pallet movement and reduced cycle times.

    3) Enhanced safety and reliability – Less human intervention, fewer risks.

    4) Seamless scalability – Easily integrated and expandable.

    Attendees were particularly interested in how the pallet shuttle can be combined with AMRs and AS/RS to build end-to-end, automated material flow systems tailored to their warehouse layouts.

    Autonomous Mobile Robots (AMRs) – Mobility Meets Intelligence

    ATOMIX’s AMRs are designed for dynamic, intelligent material transport within facilities. Equipped with advanced sensors and AI navigation, they autonomously move goods, plan routes, and adapt to real-time conditions without fixed infrastructure.

    Key capabilities include:

    1) Adaptive navigation – Safe and efficient movement in complex environments.

    2) System integration – Works seamlessly with shuttles, conveyors, and warehouse management systems.

    3) Labor optimization – Reduces manual handling and increases workforce productivity.

    4) Fleet scalability – Centralized management for coordinated robot fleets.

    Together, these solutions demonstrate how ATOMIX’s modular approach can deliver complete, flexible automation ecosystems.

    Focus on Learning, Collaboration, and Market Validation

    While technology demonstrations were a major part of ATOMIX’s presence, the company’s primary goal at LogiMAT Southeast Asia was to engage deeply with the Thai logistics ecosystem ? from warehouse operators and retailers to system integrators and manufacturing companies.

    Through discussions, workshops, and networking sessions, ATOMIX’s team gained valuable insights into local operational challenges, such as:

    1) The growing demand for automation in medium-sized warehouses.

    2) Increasing emphasis on cold-chain logistics and temperature-controlled solutions.

    3) Rising interest in scalable, modular systems that evolve with business needs.

    “These conversations are shaping our strategy,” said [Spokesperson Name]. “Instead of just bringing products to the market, we want to co-develop solutions with local partners. This approach ensures we’re addressing real challenges and delivering measurable value.”

    Looking Ahead: Building the Future of Logistics in Southeast Asia

    ATOMIX’s debut at LogiMAT Southeast Asia marks the beginning of a long-term commitment to Thailand and the broader Southeast Asian region. The company plans to strengthen local partnerships, expand technical support and service capabilities, and co-create solutions with customers and integrators in the region.

    “Our participation here is about more than brand visibility – it’s about building trust, understanding the market, and preparing for sustainable growth,” said Jenny Lu. “We believe Thailand will play a crucial role in the future of intralogistics in Asia, and we’re here to be part of that story.”

    About ATOMIX TECHNOLOGY PTE. LTD.

    ATOMIX TECHNOLOGY PTE. LTD. is a Singapore-based technology company specializing in intelligent intralogistics solutions. With its innovative “1 Software + 4 Atoms” approach, ATOMIX offers modular and scalable automation technologies – including pallet shuttle systems, AMRs, Bin shuttle, and Bin AMR – that empower businesses to build flexible, future-ready logistics operations. Its solutions are trusted by leading companies across manufacturing, e-commerce, cold chain, and distribution industries throughout Asia-Pacific and beyond.

    For more information, visit: www.atomix.sg
    Company: ATOMIX TECHNOLOGY PTE. LTD.
    Contact: Cici gu
    Email: marketing@atomix.sg
    Website: https://www.atomixrobot.com/

  • IPO Temporarily Slows but Growth Trajectory Unchanged: How Did Hithium Reach Global No. 2 in Six Years?

    IPO Temporarily Slows but Growth Trajectory Unchanged: How Did Hithium Reach Global No. 2 in Six Years?

    HONG KONG, Oct 10, 2025 – (ACN Newswire) – Recently, the lapse of Hithium’s prospectus has drawn market attention, but this is not a rare occurrence in capital markets.

    According to the relevant rules for Hong Kong IPO, if a prospectus is not listed within six months after submission, it automatically lapses. This mechanism is designed to ensure the timeliness and accuracy of information disclosure, avoiding information lag due to changes in the market environment or the company’s operations. It is worth noting that a lapsed prospectus does not mean the IPO is terminated. In Hong Kong, nearly half of newly listed companies have experienced a prospectus lapse before listing. If the listing hearing has not been completed, the company only needs to update its financial data and re-submit the application within three months to resume the review process.

    As a rapidly developing energy storage company, Hithium’s is currently experiencing strong business momentum. Among the two Xiamen-based companies listed on the “2025 Global Unicorn List” released by the Hurun Research Institute, Hithium is precisely one of them.

    Especially against the backdrop of the rapid development of the energy storage industry and continuous policy support, Hithium, as an important industry participant, has a solid foundation to capture industry dividends and support its listing process. Changjiang Securities predicts global energy storage installation growth will exceed 50% in 2025 and over 40% in 2026, directly reflecting the industry’s robust momentum.

    In this macro environment, Hithium’s business development and listing plans can better leverage the industry’s momentum. Hithium is expected to update its prospectus and resubmit its application within three months to continue the listing process. On the other hand, this lapse of the prospectus might become an opportunity for the company to review its business and optimize its strategy, preparing for a more stable connection with the capital market in the future.

    I. Explosive Demand Growth and Full Capacity Operations Cement Foundation for Expansion

    From an industry perspective, the global energy transition has now entered a “critical phase,” with major countries intensifying efforts to achieve “dual carbon” goals, leading to rapid growth in renewable energy installation capacity. However, renewable energy has inherent shortcomings of “intermittency and volatility”. If excess electricity cannot be stored effectively, it not only causes energy waste but may also affect grid frequency stability.

    In this context, energy storage has been upgraded from an “optional accessory” to an “essential facility”, becoming the core link connecting renewable energy and the power grid. This has directly propelled the global energy storage market into an “outbreak period”.

    According to statistics from the ICC Xinluo Energy Storage Database, global energy storage battery shipments reached 258 GWh in the first half of 2025, a year-on-year increase of 106%. Domestic manufacturers shipped 252 GWh, a year-on-year increase of 109%, clearly indicating that Chinese manufacturers have become the dominant force in the global energy storage market.

    Leveraging its accumulated experience in energy storage technology R&D and product manufacturing, Hithium accurately seized this opportunity. Its shipments have leapt from global fifth in 2023, to third in 2024, and reaching second place in the first half of 2025. The compound annual growth rate over the past three years reached 167%.

    Correspondingly, Hithium’s ‘s current production lines are operating at full capacity. At present, the production bases in locations like Xiamen and Chongqing are running continuously at full capacity. Its Southwest Intelligent Manufacturing Center in Tongliang, Chongqing, is the first lithium battery electrochemical energy storage complete project in Chongqing. With a total investment of RMB 13 billion, it plans to build a production base and R&D center for 56 GWh of new-generation energy storage lithium batteries and 22 GWh of energy storage modules. Since March, factories including those in Xiamen and Chongqing have been operating at full capacity, with orders scheduled until the end of the year.

    This status not only directly reflects the market recognition of its products and sufficient order backlog but also demonstrates the company’s strong capabilities in production management and supply chain coordination.

    II. Steady Progress in Internationalization Strategy and Frequent Large Orders Highlight Global Competitiveness

    Hithium’s ability to maintain a top position in the global energy storage market is inseparable from the steady advancement of its internationalization strategy. In 2024, the company’s overseas revenue reached RMB 3.7 billion, accounting for 28.6% of total revenue. Its global service network covers over 20 countries and regions.

    Since the beginning of the year, Hithium has successively secured major international orders, demonstrating a strong momentum in international development.

    In July this year, Hithium signed a cooperation agreement with Elements Green, a leading UK developer of solar and storage infrastructure, for a battery energy storage system project with a total scale of 720 MWh. It is reported that this project is one of the largest energy storage projects in the UK to date.

    In August this year, Hithium signed significant energy storage project cooperation agreements with Saudi Electricity Company and Saudi utility giant Alfanar Group. They will build two large-scale energy storage projects in the Tabuk and Hail provinces of northern Saudi Arabia, with a total capacity of 1GW/4GWh achieving a breakthrough in the GWh-scale application of the world’s first mass-produced kA-hour class long-duration energy storage battery and system solution.

    In September this year, Hithium also reached a strategic cooperation with Fotowatio Renewable Ventures, a sustainable energy solutions developer in Australia, to establish an energy storage system with a total scale of 500 MWh in Victoria, Australia.

    This series of outstanding achievements stems from its deep accumulation in technology and product innovation.

    As of the end of 2024, Hithium’s global patent applications exceeded 3,900, Meanwhile, the company boasts an R&D team of over 1,100 personnel, achieving full coverage from materials, cells, systems to solutions.

    In terms of products, Hithium was among the first in the industry to deploy 280Ah energy storage battery products in large-scale energy storage projects, and also among the first to mass-produce 314Ah energy storage batteries and apply them in overseas large-scale energy storage projects. Its launch of the world’s first sodium-ion battery dedicated to power storage, the ∞Cell N162Ah, boasts a cycle life of over 20,000 cycles, laying a solid foundation for the next-generation technology competition.

    With the opening of the global energy storage market, Hithium, leveraging its leading technological advantages and high-performance products, has steadily advanced cooperative relationships with customers in multiple countries and regions. The signing of a series of major international orders not only brings stable revenue expectations for the company but also helps it accumulate international project experience and enhance its global brand awareness, laying the foundation for subsequent expansion to more high-end customers.

    III. Conclusion

    The temporary lapse of the prospectus is merely a “mid-course adjustment” on Hithium’s capital market journey, unrelated to the core logic of its long-term value.

    From a global perspective, the energy transition is an irreversible trend of the era. Energy storage, as a critical pillar, has become the “leading role” on the new energy stage. With its technology, production capacity, and global layout, Hithium is already positioned at a crucial point in seizing this historic opportunity.

  • Eco Expo Asia Opens at AsiaWorld-Expo in Late October to Promote Green Technologies

    Eco Expo Asia Opens at AsiaWorld-Expo in Late October to Promote Green Technologies

    – Showcasing global solutions to accelerate carbon reduction goals

    – The 20th edition of Eco Expo Asia, themed Green Innovations for Carbon Neutrality, will gather over 300 exhibitors from 12 countries and regions

    – The Expo will spotlight three key areas – Circular Economy and Waste Management, Green & Smart Mobility, and ESG-related Services – presenting diverse solutions for environmental protection. Professionals from all industries are welcome to collaborate on green business opportunities

    – Highlight event Eco Asia Conference will feature government representatives from the Chinese Mainland and Belt and Road countries, alongside global industry leaders, to share the latest policies, projects and insights on critical environmental issues

    – Public Day (31 October) will offer complimentary admission to the public to promote sustainable lifestyles, featuring green talks and workshops

    HONG KONG, Oct 9, 2025 – (ACN Newswire) – Eco Expo Asia 2025, jointly organised by the Hong Kong Trade Development Council (HKTDC) and Messe Frankfurt (HK) Ltd and co-organised by the Environment and Ecology Bureau of the Government of the Hong Kong Special Administrative Region (HKSAR), will be held from 28 to 31 October at AsiaWorld-Expo. Exhibitors and buyers can connect via the Click2Match virtual business matching platform from 21 October to 7 November. The last day of the fair, Public Day on 31 October, will be open to the public with complimentary admission.

    HKTDC Deputy Executive Director Jenny Koo said: “President Xi Jinping said in a video address at the United Nations Climate Summit during the annual UN General Assembly meeting that China will, by 2035, reduce economy-wide net greenhouse gas emissions by 7-10% from peak levels and will ‘strive to do even better’. This will significantly boost demand for environmental products. Furthermore, the Chief Executive’s 2025 Policy Address has highlighted new directions in green policy, including fostering green and low-carbon living environments, expediting the application of green technologies and promoting the development of the green I&T sector and green and sustainable finance.”

    Ms Koo added: “Marking its 20th edition, this year’s Eco Expo Asia is themed Green Innovations for Carbon Neutrality. As a business platform for ESG and sustainable solutions, the Expo will showcase the latest products and technologies in new energy, green living and environmental protection. This year, Eco Expo Asia will attract over 300 exhibitors from 12 countries and regions, with strong participation from government suppliers from the Chinese Mainland, as well as from ASEAN and Belt and Road countries, helping industries worldwide seize the vast opportunities created by the green economy.”

    Speaking at the press conference, the Deputy Director of the Environmental Protection Department of the HKSAR Government, Dr. Vanessa Au, expressed: “We hope that this year’s Eco Expo Asia will continue its role as a platform for sharing and implementing the latest green technologies and applications. By engaging with visitors from Chinese Mainland and Belt & Road countries, including ASEAN countries, Central Asian countries, South Asian countries and Middle Eastern countries, we seek to collectively address climate change and drive progress towards carbon neutrality. It also aims to foster exchange and co-operation among the government, industry and the community, to work together on exploring ways to promote a green economy and low-carbon living, contributing to Hong Kong’s efforts towards a more sustainable future.”

    Global exhibitors and worldwide pavilions

    This year’s Expo brings together leading international exhibitors. Korea and Italy will stage group participations for the first time, with the Korea pavilion featuring solutions in air purification, deodorisation, water quality management and waste treatment. Norway, the Netherlands and Canada will return following success in previous years. From the Chinese Mainland, participations from Guangzhou, Shenzhen and other Greater Bay Area cities will return, joined by Guangxi, Hunan, Shanghai and Inner Mongolia. The ANSO Environmental Technology Industry Alliance, led by the Alliance of National and International Science Organizations for the Belt and Road Regions (ANSO), together with 11 mainland enterprises, will make its debut, showcasing technologies related to water resources and the atmospheric environment.

    In Hong Kong, a joint government pavilion featuring 11 bureaux and departments, including the Environment and Ecology Bureau, will highlight the latest policies and initiatives. The Environmental Campaign Committee will debut with 22 local start-ups presenting a variety of green innovations. The Hong Kong Pavilion, supported by the Hong Kong Environmental Protection Department and coordinated by the Federation of Hong Kong Industries, will feature 20 companies, while Hong Kong Science and Technology Parks Corporation will lead 10 start-ups to make a joint appearance.

    The Expo is also actively building a platform to support Hong Kong and mainland enterprises to “go global” and explore new opportunities in green trade. Leveraging the HKTDC’s network of 51 offices worldwide, the Expo is actively inviting buyers from the Chinese Mainland and overseas to visit and source at the event. Buyers from across Asia — including Japan, Thailand, Indonesia, Malaysia, Singapore and Vietnam — as well as from Europe, including Hungary and Poland, will attend.

    In collaboration with the Environment and Ecology Bureau, the Expo will extend invitations to government service providers from the Chinese Mainland, as well as from ASEAN and Belt and Road countries, to visit and source green technologies and products. Local government departments and related organisations will also continue to be invited to attend and procure at the event.

    Three key areas to showcase the latest environmental solutions

    The Expo will showcase a diverse range of green technologies, focusing on three major areas: Circular Economy and Waste Management, Green & Smart Mobility, and ESG-related Services.

    In Circular Economy and Waste Management, Hong Kong exhibitor Green AI Technology Limited will display a smart sorting bin powered by machine vision and AI algorithms. China Everbright Environment Group Limited will return with waste-to-energy solutions that transform waste into resources, supporting sustainable urban development.

    In Green & Smart Mobility, CUHK-incubated start-up Luquos Energy Limited will showcase the world’s first commercialised sulphur-based flow battery energy storage system, at nearly half the cost of lithium batteries. The zone will also feature various electric vehicles and charging facilities. First-time exhibitor Infore Enviro Technology Group Co., Ltd will display its electric compactor truck.

    The green industry is promoting ESG disclosure and low-carbon transformation and is actively seeking various ESG-related services, as it seeks to foster closer collaboration between industries and financial institutions to accelerate Hong Kong’s development as a green and sustainable finance centre. CECEP (Hong Kong) Investment Co. Ltd. will showcase its innovative tool, EnvAI, which provides businesses with one-stop ESG services, including ESG data collection and analysis, and automated report generation. Llewellyn and Partners Company Limited will showcase AutoTwin, a patented AI-powered integrated management platform for the construction industry. This platform optimises energy efficiency, reduces carbon footprints and promotes green urban development.

    In Research Institutions and Start-ups, Hong Kong Science and Technology Parks Corporation will spotlight its start-up afterNATURE Ltd, which is showcasing its Deep Hexagonal Basin product. This innovation creates habitats for marine life on its surface, helping to preserve coastal biodiversity. Another start-up, Formwork IO, will present AtmosBrick and globally debut AtmosTile at the Expo. These ‘carbon-negative’ green building materials are designed to help reduce carbon emissions.

    Eco Asia Conference brings together industry leaders

    Eco Expo’s highlight event, Eco Asia Conference, will bring together global officials and experts to exchange insights on pressing environmental issues. On 28 October, the first day of the Expo, the conference will focus on the latest circular economy developments. This includes the launch of the Hong Kong Circular Built Environment Guidebook, jointly compiled by the Business Environment Council, Hong Kong Green Building Council and Construction Industry Council, which provides the latest green guidelines as well as practical case studies for the construction industry.

    In addition, on 30 October, the third day of the Expo, the conference will have two main themes – ‘Building a Sustainable Future: Gearing Towards a Net-Zero Built Environment’ and ‘Green & Smart Mobility – Envisioning the Future of Transportation’ – showcasing how the construction and transportation industries can collaborate effectively to achieve carbon neutrality.

    Other exciting activities include the FHKI Q-Mark Low Carbon Restaurant Award 2025 on 28 October, the first day of the Expo. Organised by the Federation of Hong Kong Industries and the Hong Kong Q-Mark Council, the award recognises outstanding commitment to sustainability and low-carbon practices within the restaurant industry, while inspiring positive change and helping shape a sustainable future for dining.

    The 6th Hydrogen Economy Forum will be held on the second day of the Expo, on 29 October. Representatives from Towngas and experts from the Chinese Mainland and overseas – including the China Hydrogen Development and Innovation Alliance for Urban Gas, Veolia and Aerospace Hydrogen Energy Technology Co., Ltd. – will share insights into frontier hydrogen energy technologies and successful case studies, while exploring how cooperation within the Guangdong-Hong Kong-Macao Greater Bay Area can further advance hydrogen applications.

    Moreover, on the second day of the Expo on 29 October, the Experience Sharing Forum on Promoting Environmental Business in Overseas Markets will invite representatives from Belt and Road countries to introduce the latest updates on environmental industry investment policies across different regions. Green technology companies from the Chinese Mainland and Hong Kong will also present their latest solutions and share their “go global” experiences to promote regional exchanges and seize new opportunities in green trade.

    To further foster the growth of start-ups in the environmental industry, the Expo has specifically arranged a series of activities to showcase the achievements of Hong Kong’s green start-ups. Among these, the Startup Edge Forum will invite representatives from various environmental fields to share industry developments and future directions.

    Public Day promotes green living

    To encourage the public to participate in environmental initiatives and experience green lifestyles, the last day of the Expo on 31 October will be a Public Day, with complimentary admission for the general public. Visitors can participate in a series of seminars and green workshops. Ocean Park will introduce its ‘Mission R’ on saving species and habitats, while environmental KOL Yeung Ting (aka imsheeppoo) will share tips for joyful green living. Visitors can also participate in green workshops, such as a Beeswax Wrap Workshop and a Board Game Workshop. Additionally, there will be a Green Mart on-site, where the public can shop for green products.

    Meanwhile, the HKTDC is also staging four major technology fairs this month. The Hong Kong Electronics Fair (Autumn Edition) and electronicAsia will run concurrently from next Monday to Thursday (13 to 16 October) at the Hong Kong Convention and Exhibition Centre (HKCEC). These will be followed by the Hong Kong International Lighting Fair (Autumn Edition), taking place from 27 to 30 October at the HKCEC, and the Hong Kong International Outdoor and Tech Light Expo, which will be held from 28 to 31 October at AsiaWorld-Expo. These fairs will be held concurrently with Eco Expo Asia, creating synergies between the events. Complimentary shuttle bus services will be arranged between the venues and major hotels and transport interchanges. For details, please refer to the following website:
    https://www.hktdc.com/event/ecoexpoasia/tc/travel-to-fairground-awe

    Photo download: https://bit.ly/42AeP2y

    Jenny Koo, HKTDC Deputy Executive Director, introducing the highlights of Eco Expo Asia at the press conference, shares that this year’s Policy Address presents new directions in green policy and highlights the importance of the new energy industry and the development of a green, low-carbon living environment. Eco Expo Asia aligns perfectly with these themes by showcasing the latest eco-friendly products and technologies
    Jenny Koo, HKTDC Deputy Executive Director (centre); Dr. Au Sze Man, Vanessa, Deputy Director of Environmental Protection, Environmental Protection Department, HKSAR (left); and Jack Wong, Deputy General Manager, Messe Frankfurt (HK) Ltd (right) attend today’s press conference
    CUHK incubated start-up Luquos Energy Limited showcases the world’s first commercialised sulphur-based flow battery energy storage system
    Sany Turbo Fly Machine Limited displays a model of a four-in-one electrolyser for hydrogen energy, providing enterprises and local governments with various new solutions to produce and store hydrogen
    Hong Kong Science and Technology Parks Corporation is leading 10 start-ups to participate in the Expo, including Formwork IO, which will showcase its AtmosBrick and globally debut AtmosTile — a ‘carbon-negative’ green building material — at the event
    Llewellyn and Partners Company Limited introduces AutoTwin, which has been designed for the construction industry, providing carbon management and environmental assessment tools for enterprises


    Website
    Eco Expo Asia: www.ecoexpoasia.com

    Media enquiries
    Please contact the HKTDC’s Communications and Public Affairs Department:

    Stanley So Tel: (852) 2584 4049 Email: stanley.hp.so@hktdc.org
    Clayton Lauw Tel: (852) 2584 4472 Email: clayton.y.lauw@hktdc.org

    The HKTDC’s Media Room:  http://mediaroom.hktdc.com/en

    About HKTDC

    The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels.

    About Messe Frankfurt

    The Messe Frankfurt Group is one of the world’s leading trade fair, congress and event organisers with their own exhibition grounds. With a workforce of some 2,160 people at its headquarters in Frankfurt am Main and in 28 subsidiaries, it organises events around the world. Group sales in financial year 2022 were around €454 million. We serve our customers’ business interests efficiently within the framework of our Fairs & Events, Locations and Services business fields. One of Messe Frankfurt’s key strengths is its powerful and closely knit global sales network, which covers around 180 countries in all regions of the world. Our comprehensive range of services – both onsite and online – ensures that customers worldwide enjoy consistently high quality and flexibility when planning, organising and running their events. We are using our digital expertise to develop new business models. The wide range of services includes renting exhibition grounds, trade fair construction and marketing, personnel and food services. Sustainability is a central pillar of our corporate strategy. Here, we strike a healthy balance between ecological and economic interests, social responsibility and diversity.

    For more information, please visit our website at: www.messefrankfurt.com/sustainability. With its headquarters in Frankfurt am Main, the company is owned by the City of Frankfurt (60 percent) and the State of Hesse (40 percent). For more information, please visit our website at: www.messefrankfurt.com

  • SAPPE Brings Mogu Mogu to the Global Stage at Anuga 2025 Germany

    SAPPE Brings Mogu Mogu to the Global Stage at Anuga 2025 Germany

    Unveils ‘Life’s too Short, You Gotta Chew’ Campaign Reinforcing Its Image as a Global Thai Brand

    BANGKOK, October 8, 2025 – (ACN Newswire) – Sappe PCL (SAPPE), Thailand’s leading innovator in beverages, showcased the strength of Thai beverage innovation on the world stage once again at Anuga 2025, the world’s largest food and beverage trade fair. Held from October 4 ~ 8, 2025 in Cologne, Germany, under the theme “Sustainable Growth”, the event gathered more than 8,000 exhibitors from 110 countries.

    SAPPE presented its iconic brand Mogu Mogu, the world-famous Snackable Drink alongside other popular brands, underscoring the company’s innovative spirit in the main exhibition zone. The highlight of the showcase was the official launch of Mogu Mogu’s new global campaign, ‘Life’s too Short, You Gotta Chew,’ introduced to an international audience as part of SAPPE’s mission to bring Thai creativity and innovation to the global beverage market.

    Sappe at Anuga 2025

    Ms Piyajit Ruckariyapong, CEO of Sappe, said the Mogu Mogu booth drew strong attention from international visitors with its vibrant, playful design that captured the brand’s cheerful DNA. As the world’s first Snackable Drink, Mogu Mogu celebrated the joy of chewing with interactive experiences like the ‘Play Game!’ station, which invited attendees to experience the brand’s fun and engaging personality. The booth also featured the debut screening of the new ‘Life’s too Short, You Gotta Chew’ campaign films, highlighting positivity, creativity, and playfulness – values that align closely with SAPPE’s vision of building a global lifestyle brand through innovation and emotional connection.

    Participating in Anuga 2025 marks another milestone in SAPPE’s journey to elevate Thai innovation to the world stage. This year’s Anuga spotlighted the key trends shaping the future of global food and beverage – from plant-based diversity and personalized nutrition to clean label transparency and sustainability as the new standard – all of which resonate with SAPPE’s commitment to enhancing consumer well-being through creative, sustainable products.

    With distribution in over 100 countries, Mogu Mogu – the World-Famous Nata de Coco Snackable Drink – has become a symbol of Thai soft power and a pioneer in the global Snackable Drink category. This year, SAPPE continues to expand its global footprint and strengthen engagement with fans worldwide through the new campaign ‘Life’s too Short, You Gotta Chew’, which connects with the young generation’s lifestyle of Social Connection, FOMO (Fear of Missing Out) and Playful & Fun energy. The campaign extends across key international markets including South Korea, Indonesia, France, and the United Kingdom, with immersive activations both online and offline.

    “Being part of Anuga this year reaffirms our pride as a Thai brand that can compete on the world stage,” said Ms Ruckariyapong. “We believe in the power of innovation, creativity, and determination to continuously deliver happiness and value to consumers around the world.”

    In addition to the global spotlight on Mogu Mogu, SAPPE introduced new product innovations such as Mogu Mogu Candy and Mogu Mogu Pretzel, extending the brand’s playful concept into new formats. Visitors also enjoyed SAPPE’s popular beverage lines including Sappe Aloe Vera Drink, Sappe Beauti, and All Coco, reflecting the company’s commitment to quality and creativity in every product.

    Anuga, held biennially in Cologne, has been the world’s leading food and beverage trade fair for over 106 years, since its debut in 1919. The event continues to serve as a key platform driving innovation and setting global benchmarks for the industry. SAPPE’s participation underscores its mission to connect with global partners, strengthen the presence of Thai brands in international markets, and position itself as a company driven by innovation, sustainability, and the joyful spirit of the ‘Home of Innovators.’

    Through its presence at Anuga 2025, SAPPE continues to inspire and deliver happiness to consumers worldwide – one bottle of Mogu Mogu at a time.

    About SAPPE

    Sappe PCL (SAPPE) is a leading Thai beverage innovator and the creator of the “Snack Drink” category through its iconic global brand, Mogu Mogu, now exported to over 100 countries across Asia, Europe, the Middle East, and beyond. The company specializes in fruit juice and functional health beverages designed to serve the evolving lifestyle needs of modern consumers around the world.

    SAPPE’s diverse portfolio includes globally recognized brands such as Mogu Mogu, the world’s first snackable drink; Sappe Aloe Vera, known for its refreshing taste and natural ingredients; and Sappe Beauti, a functional drink line focused on health, wellness, and women empowerment. Headquartered in Bangkok, Thailand, SAPPE is listed on the Stock Exchange of Thailand (SET) under the symbol SAPPE.

    Driven by innovation, deep consumer insights, and a strong commitment to sustainability, SAPPE operates with a balanced focus on product innovation, economic performance, social responsibility, and environmental impact. The company believes that building a sustainable future begins with valuing people, embracing diversity, and leading with authenticity, creativity, and the courage to drive positive change. SAPPE’s mission is to inspire lives worldwide one meaningful beverage at a time.

    Sappe official: https://www.sappe.com/en/
    Facebook: https://www.facebook.com/sappeplayground
    Instagram: https://www.instagram.com/mogumogu_global/
    Line: https://shop.line.me/@sappeonline
    Shopee: https://shopee.co.th/sappe.official

    Email: corpcom@sappe.com

    Sappe PCL [SET: SAPPE, SAPPE/F, SAPPE-R] https://www.sappe.com/en/