Author: Marie Jones

Sterling Group Holdings Limited (“Sterling Group” or the “Group”, HKEX: 1825), an apparel manufacturer for international apparel brands, has announced that it has entered into a Direct Vendor Agreement with iMedia Brands, Inc. (“IMBI”, NASDAQ: IMBI), pursuant to which, the Group has become the exclusive supplier of apparel products under IMBI’s proprietary brands for five years. IMBI is a global interactive media company that manages a growing portfolio of niche, lifestyle television networks and media service businesses, primarily in North America. Its brand portfolio spans multiple business models and product categories. ShopHQ, its flagship network with a reach of millions…

SINGAPORE – (ACN Newswire) – BitDeer.com, the first computing power sharing platform to launch the highly anticipated Antminer S19 Pro mining plans, unveils an innovative acceleration plan for users, which would speed up the process of returns. BitDeer.com is launching an acceleration plan that allows customers who purchase their S19 Pro mining plans to gain returns at a faster rate. It comes fully loaded with a multitude of variances for the consumer in order to maximize the return catered to their needs. This announcement comes after news that the S19 Pro plans that first debuted on Bitdeer.com were sold out…

Encourages Youth In Hong Kong And Greater Bay Area To Realise Innovation And Build A Smarter Future Chun Wo Development Holdings Limited (“Chun Wo”), a key member of Asia Allied Infrastructure Holdings Limited (“Asia Allied Infrastructure” or “the Group”) (stock code: 00711), announced that the second “Chun Wo Innovation Student Awards” (the “Awards”) are now open for application. The Awards aim to encourage full-time students of tertiary institutions in Hong Kong and the Greater Bay Area to solve the problems relating to infrastructure, technology and social development in the city through engineering design. The Awards recognise innovative, practical and feasible…

Targeting to Reach 1,900MW Installed Capacity of Project Portfolio by 2020 VPower Group International Holdings Limited (“VPower Group” or the “Group”, stock code: 1608.HK), a leading DPG station owner and operator in Southeast Asia announced today its annual results for the year ended 31 December 2019. Despite the challenges in global business environment in 2019, the Group’s business and operations were proven to be resilient and the Group managed to record a satisfactory revenue growth of 15.4% to HK$ 2,794.0 million. The gross profit grew by 4.3% to HK$737.2 million with a gross profit margin of 26.4%; while EBITDA rose…

SaaS-based solution deployed in minutes with remote training, providing immediate value before your next close cycle In the midst of the current crisis, many finance & accounting (F&A) teams across the globe are navigating unchartered waters as they approach month end close with a dispersed remote workforce. As a leading provider of financial software solutions, Trintech announced today that its best-in-class Adra Task Manager solution will be available at no cost, for up to 6 months, to help mid-sized organizations close their books confidently while they work remotely. This SaaS-based solution is deployed remotely and can be up and running…

China Communications Services Corporation Limited (“China Comservice” or the “Company”), and its subsidiaries (the “Group”) (HKSE code: 552), today announced its audited annual results for the year ended 31 December 2019. HIGHLIGHTS: – Driven by the businesses related to digital services in the domestic non-telecom operator market, the OPEX business and the industry-oriented smart application businesses in the domestic telecommunications operator market, the Group’s overall results maintained steady growth, with business value further manifested – Domestic non-operator market became the largest customer group for the first time, the development quality of such market was enhanced and became increasingly significant to…

Sterling Group Holdings Limited (“Sterling Group” or the “Group”, HKEX: 1825), a woven apparel manufacturer for international apparel brands, has announced that it has entered into a Direct Vendor Agreement with iMedia Brands, Inc. (“IMBI”, NASDAQ: IMBI), pursuant to which, the Group has become the exclusive supplier of apparel products under IMBI’s proprietary brands for five years. IMBI is a global interactive media company that manages a growing portfolio of niche, lifestyle television networks and media service businesses, primarily in North America. Its brand portfolio spans multiple business models and product categories. ShopHQ, its flagship network with a reach of…

JS Global Lifestyle Company Limited (“JS Global Lifestyle” or the “Company”, together with its subsidiaries, the “Group”; 1691.HK) announces consolidated annual results for the year ended 31 December 2019 (the “Reporting Period”). Financial Highlights — Total revenue of the Group was US$3,016.1 million, representing a year-on-year increase of 12.5%; — Gross profit was US$1,126.5 million, a year-on-year increase of 12.8%; — Adjusted profit attributed to owners of the parent for the year ended December 31, 2019 increased by 127.8% year-on-year to approximately US$136.2 million; — The Board resolved to declare a special dividend of US$7.34 cent (equivalent to approximately HK$0.5717)…

Green Future Food Hydrocolloid Marine Science Company Limited (“Green Future Food Hydrocolloid” or “The Group”; HKEX: 1084), a leading seaweed-based and plant-based hydrocolloid producer in China and global market, has announced its annual results for the year ended 31 December 2019 (the “Year”), the first annual results since the Group’s listing in October 2019. During the Year, amidst the market challenges posed by the economic slowdown in China and the Sino-US trade fiction, the Group has maintained a stable performance, demonstrating its competitiveness and resilience as an industry leader. During the year under review, the Group’s revenue amounted to HK$992.9…

The globally leading onshore oil rig supplier Honghua Group Limited (Ticker: 196.HK, “Honghua” or “the Company”) today announced unaudited consolidated annual results for the year ending on 31 December 2019 (“the period”). During the period, centering on the principles of “Business Model Innovation, Management Innovation, Technology Innovation”, Honghua continued to explore the model for high-quality sustainable development. Honghua recorded rapid growth in both operating revenue and net profit during the year, reaching a record high since its listing in 2015. Honghua’s revenue from continuing operations amounted to approximately RMB4,425.7 million, representing an increase of 5.2% from RMB4,205.2 million for 2018.…

HONG KONG, Mar 30, 2020 – (ACN Newswire) – Aptorum Group Limited (Nasdaq: APM) (“Aptorum Group”), a biopharmaceutical company focused on the development of novel therapeutics to address global unmet medical needs, today provides an update on the Company’s operations in light of the recent declaration of the coronavirus outbreak as a pandemic declared by the World Health Organisation on March 11, 2020. Aptorum Group’s operational plans continue to remain on track, and in particular the recently announced updates on SACT-1 (targeting Neuroblastoma) and ALS-4 (targeting Staphylococcus aureus) remain on track for its pre-IND preparation work and will continue to target for IND submission…

HONG KONG – (ACN Newswire) – Aptorum Group Limited (Nasdaq: APM) (“Aptorum Group”), a biopharmaceutical company focused on the development of novel therapeutics for unmet needs including but not limited to infectious, orphan and metabolic disease areas, today announced that it is initiating an additional research and development project targeting the coronavirus group and has completed initial screening under the Smart-ACT platform, a repurposed and new drug discovery platform, to select, out of more than 2,600 approved small drug molecules, at least 3 potential candidates for further preclinical investigation against the new coronavirus disease, COVID-19. Aptorum Group is collaborating with Toronto based Covar…

Deeply Rooted for Construction of Greater Bay Area; Enhancing Integration of Traditional and Innovative Businesses China Success Finance Group Holdings Limited (“China Success Finance” or the “Company”, together with its subsidiaries the “Group”, stock code: 3623) is pleased to announce its audited annual results for the year ended 31 December 2019. During the year, the Group continued to steadily foster the development of its traditional businesses and actively advanced business exploration and innovation. Therefore, the major business segment recorded a rapid growth, contributing to the 41.5% year-on-year surge to approximately RMB86.3 million. As of 31 December 2019, the Group’s cash…

Business Kept Growing Rapidly; Market Position Remained Solid China Reinsurance (Group) Corporation (“Chine Re Group” or “the Company”, together with its subsidiaries, the “Group”, Stock Code: 01508.HK) announced the audited consolidation results of the Group for the year ended 31 December 2019 (the “Reporting Period”). Results Highlights: * Gross written premiums recorded RMB144,973 million, representing a YoY growth of 18.6%. * YoY growth of domestic non-motor P&C reinsurance business was 25.3%, while domestic P&C reinsurance facultative business recorded a YoY growth of 31.9% and overseas P&C reinsurance and Chaucer business recorded a YoY growth of 248.7%; domestic protection-type life and…

Devotes Efforts to Exploring New Markets and New Customers Improves Production Efficiency to Maximise Profitability Alltronics Holdings Limited (“Alltronics” or the “Group”) (SEHK: 833), a leading electronics products manufacturer and a provider of energy-saving business solutions, has announced its annual results for the year ended 31 December 2019 (“review year”). During the review year, the operating environment has remained challenging due to the ongoing global trade disputes and fluctuation in exchange rate. Nevertheless, the Group managed to achieve a stable revenue at HK$1,260.8 million (2018: HK$1,284.8 million). Gross profit margin slightly increased to 14.6% for the year 2019 from 14.5%…

Achieved 78.86% Increase in Net Profit Attributable to Shareholders HTSC (Stock Code: 6886.HK; “The Company”) announced its annual results for the year ended December 31, 2019 (“Reporting Period”). The Company achieved RMB32.44 billion in total revenue and other gains, a year-on-year increase of 32.36%, while the profit of this year attributable to shareholders surged 78.86% to RMB9.00 billion. As a result of the Company’s Global Depositary Receipts (“GDR”) issuance on the London Stock Exchange through the Shanghai-London Stock Connect pilot, the Company’s net assets grew to RMB 125.65billion, laying an enhanced funding profile for its multi-dimensional development in the future.…

Net Profit Surged by 193.5% YOY to approx. RMB265.9 million; Accelerating the Integration of Innovative Drugs Industrial Chain Viva Biotech Holdings (the “Group” or “Viva Biotech”; stock code: 1873.HK), announced its annual results for the twelve months ended 31 December 2019 (the “Reporting Period”). During the Reporting Period, the Group’s innovative twin drivers of cash-for-service (CFS) business and equity-for service (EFS) business contributed to each other to secure remarkable progress, driving the Group’s revenue to increase significantly to RMB323.1 million from RMB210.0 million for the corresponding period last year, representing a year-on-year (“YOY”) increase of 53.9%. And its net profit…

Total Revenue exceeded RMB 1 billion; Revenue from Own brand business surged 31%; Full year total dividends jumped 9.1% YoY Tianyun International Holdings Limited (“Tianyun International”, together with its subsidiaries, the “Group”), a leading seller and manufacturer of processed fruits products in China, announced its results for the year ended 31 December 2019 (“Year under Review”). The Group’s annual revenue exceeded RMB 1 billion in 2019. Revenue, gross profit and net profit all recorded double-digit growth. The gross profit of all three segments namely OEM, own brand business and fresh fruit business rose simultaneously. To share the achievements we made…

Undertake the Task of Advancing Industry Digitalisation, Actively Lay out Multidimensional Business Development A leading payment & finance solutions provider in China, Hi Sun Technology (China) Limited (the “Company”; Stock code: 818.HK), announced the audited consolidated results of the Company and its subsidiaries (the “Group”) for the twelve months ended 31 December 2019 (the “Year”). Results Highlights 1. During the Year, the Group’s payment processing solutions segment continued to maintain a steady and solid increase, with annual accumulative transaction volume exceeded RMB1,760 billion in 2019, and the total number of transactions increased by 129% as compared with last year, driven…

Revenue Climbs 16.0% to RMB24.23 billion Underlying Profit Up 10.2% to RMB3.13 billion; Achieves an outstanding R&D performance and obtains 28 production approvals Sino Biopharmaceutical Limited (“Sino Biopharm” or the “Company”, together with its subsidiaries, the “Group”) (HKEX: 1177), a leading, innovative research and development driven pharmaceutical conglomerate in the PRC, has announced its financial results for the year ended 31 December 2019 (“the year”). The Group’s overall results for the year continued to show considerable growth. The share of revenue contributed by new products in the Group’s total revenue also increased notably, demonstrating its mature integrated capability in launching…