Author: Marie Jones

Redsun Properties Group Limited (“Redsun Properties”, or the “Group”, stock code: 1996), a leading comprehensive property developer in Mainland China, announced its annual results for the year ended 31 December 2019. The Group maintained a healthy financial position under its “Property + Commercial” dual-driven strategy, which helped it realise synergies and build diversified competitiveness. Results Highlights: – Business continued to grow under the Group’s “Property + Commercial” dual-driven strategy. Contracted sales amounted to RMB65.15 billion in 2019, surging around 37.6%. – Net profit strongly increased by 23.6% to RMB1.64 billion. Net profit margin was 10.8% – Recommended the payment of…

Cheer for the Hong Kong athletes who are prepping for the Olympic Games at Tokyo! Nissin Foods (Stock code: 1475) announced the company will join the chorus to support these local elite athletes through team-up with the Sports Federation & Olympic Committee of Hong Kong, China (SF&OC) as the “Exclusive Food Partner of Hong Kong, China’s Delegation to the Tokyo 2020 Olympic Games.” Although the Tokyo Olympics is postponed due to the epidemic, which has greatly affected the training schedule of athletes, by adhering to its corporate slogan of “HUNGRY to WIN”, Nissin Foods has decided to embrace the challenges…

EuroEyes International Eye Clinic Limited (“EuroEyes” or the “Company”, stock code: 1846), is one of the leading brands in the vision correction industry that combines German ophthalmology excellence and 25 years of experience with individualised customer-care and principally engaged in the provision of vision correction services in Germany, Denmark and the People’s Republic of China (“the PRC”). 2019 Annual Results Highlights – Total Revenue for the year 2019 reached approximately EUR49 million, up approximately 14% YoY – Gross Profit for the year 2019 reached approximately EUR20.3 million, up approximately 16.3% YoY – Adjusted Gross Profit1 for the year 2019 was…

Registered Users of Flagship Product Warframe Maintains Growth Momentum; Total Revenue Reached US$214.2 million The global market leader in free-to-play multiplayer online games, Leyou Technologies Holdings Limited (“Leyou Technologies”, and its subsidiaries collectively “the Group”; stock code: 1089) is pleased to announce its annual results for the year ended 31 December 2019 ( the “reporting period”). During the reporting period, total revenue of the Group slightly decreased by 5.9% to US$214.2 million. Gross profit amounted to US$121.8 million (2018: US$141.5 million). The Group’s EBITDA was US$49.6 million (2018: US$67.0 million). Nevertheless, excluding non-recurring items of impairment losses and equity-settled shared-based…

TOKYO – (ACN Newswire) – On March 6th Azabu Insights proposed a theory that coronavirus seemed to be spreading faster in cold countries than in warm countries. We followed this up with an update on March 11th showing that at that time the data was showing ninety-eight percent of the cases were all in cold countries. Since then we have had many comments from different people. One very respected business person who works in life sciences, told us he thought it was a, “multivariate problem,” and suggested that, “It’s possible, for example, that infection rate would be strongly correlated with people meeting in enclosed…

Gave priority to business quality; Delivered solid business results; Sustained increase in overall strength China Pacific Insurance (Group) Co., Ltd. (the “CPIC” or the “Group”; Stock code: 2601.HK, 601601.SH) is pleased to announce the annual results of the Group for 2019. The year 2019 was special in many ways. It marked the 70th anniversary of the founding of the People’s Republic of China, represented a critical period in China’s effort to build itself into an all-around moderately prosperous society, and marked the 3rd fiscal year of the 8th Board of Directors of CPIC. In the past 3 years, the board…

Office Software and Services Business Achieves Breakthroughs; Cloud Services Further Expand Leveraging New Technologies Kingsoft Corporation Limited (“Kingsoft” or the “Company”; HKEx stock code: 03888), a leading Chinese software and Internet service company, has announced its 2019 unaudited annual results and fourth quarter results for the period ended 31 December 2019. For the year of 2019, the revenue of Kingsoft increased 39% year-on-year to RMB8,218.3 million. Revenue from the online games, cloud services and office software and services and others represented 33%, 47% and 20%, respectively, of the Company’s total revenue for the year of 2019. For the fourth quarter…

VCREDIT Holdings Limited (“VCREDIT” or the “Group”; stock code: 2003.HK), a leading independent online consumer finance provider in China, is pleased to announce its audited consolidated annual results for the 12 months ended 31 December 2019 (“the Year”). During the Year, the Group’s total income increased by 41.2% to RMB3,864.4 million, underpinned by the Group’s strategy to shift completely to a pure online consumer finance platform while transitioning to a more balanced funding split between direct lending, trust lending and loan facilitation. 40.4% new registered users increased during the Year. The Group’s highly automated and intelligent credit and risk management…

Revenue Achieved Surge by 58.6%, Proceed with Hospital Group Business The board (the “Board”) of directors (the “Directors”) of Genertec Universal Medical Group Company Limited (the “Company” or “Universal Medical”) is pleased to announce the annual results of the Company and its subsidiaries (together, the “Group”) for the year ended 31 December 2019. 2019 ANNUAL RESULTS HIGHLIGHTS – The revenue amounted to approximately RMB6,815.6 million, representing an increase of 58.6% as compared with that of approximately RMB4,296.9 million for 2018. – The profit before tax amounted to approximately RMB2,211.9 million, representing an increase of 19.0% as compared with that of…

Total Attributable Contracted Sales to Be Booked Exceeds HK$10 billion; Laying a Solid Foundation for its Profit in the Future K. Wah International Holdings Limited (“KWIH” or “the Group”) (stock code: 00173) has today announced its annual results for the year ended 31 December 2019. Adhering to its commitment to “Quality and Excellence”, the Group launched its premium projects based on its prudent approach during the year under review and recorded satisfactory sales results, mainly from K. City in Hong Kong, The Palace III – Le Haut and Windermere in Shanghai, The Peak in Nanjing and J Metropolis in Guangzhou.…

Mar 24, 2020 – Cybozu, Inc., the kintone collaboration platform developer used by 9 million people worldwide, held a presentation on February 25, 2020 to announce its financial results for the previous fiscal year, as well as its business strategy for the current fiscal year highlighting its steady business performance and its future strategy for strengthening the sales system for kintone, Cybozu’s flagship product, in the Asia Pacific region. In January 2020, a new Business Strategy Office was established to strengthen the global deployment of Cybozu’s sales expansion. In particular, kintone, a cloud-based app for work improvement, is seeing steady sales…

Adjusted Net Profit Increases by 28.4% to HK$91.9 Million; Final Dividend of HK9.0 Cents per Share Q P Group Holdings Limited (“Q P Group” or the “Group”; Stock code: 01412 ), the largest producer of paper-based tabletop games and related products and the second-largest producer of paper-based greeting cards in the PRC#, announced today the first annual results of the Group after its listing on the Main Board of The Stock Exchange of Hong Kong Limited on 16 January 2020. During the year ended 31 December 2019, the Group recorded a profit attributable to equity holders of the Company of…

Tianyun International Holdings Limited (“Tianyun International”, together with its subsidiaries, the “Group”, Stock code: 6836.HK), a leading seller and manufacturer of processed fruits products in China, is pleased to announce, upon the easing of the coronavirus disease 2019 (“COVID-19”) outbreak in China, to echo with the Government’s initiative of “Progressive Resumption of Production”, the Group’s production and operations have gradually resumed since late February. The Group’s production bases in China are expected to resume normal production capacity in April 2020 which is very encouraging. The Group will continue to work hard on ensuring the normal business development and achieving safe…

Greenbriar invites investors both retail & institutional, as well as finance professionals, advisors and analysts, to participate in a real-time, interactive presentation. Greenbriar Capital Corp (TSXV: GRB) (OTC: GEBRF) (“Greenbriar”), is pleased to announce that Jeff Ciachurski, CEO & Director, will present live at Grit Capital’s #ESG Investor Webcast Live on March 25th, 2020 at 1:00pm ET/10:00am PT. DATE: March 25th, 2020 TIME: 1:00pm ET/10:00am PT FORMAT: Live 10 minutes presentation & 5 minutes Q&A session LINK: https://event.on24.com/wcc/r/2219187/A56D3D8FEA459BB0F66306AFABE17792 This will be a live, interactive online event where investors are invited to ask the company questions in real-time. If attendees are not…

TOKYO, Mar 23, 2020 – (JCN Newswire) – HC Holdings K.K., a wholly-owned subsidiary of Showa Denko K.K. (“Showa Denko”; TSE: 4004), (the “Tender Offeror”, collectively with Showa Denko, the “Tender Offerors”), as announced by the Tender Offerors in the “Announcement Regarding the Planned Commencement of Tender Offer for Shares in Hitachi Chemical Company, Ltd. (TSE: 4217)” as of December 18, 2019, decided on the same day, through the Tender Offeror’s representative officer, to acquire common shares (the “Target Shares”) of Hitachi Chemical Company, Ltd. (the “Target Company” listed on the First Section of Tokyo Stock Exchange, Inc. (the “Tokyo Stock Exchange”) under the…

Starting from a meteoric rise to fame in San Francisco as an iconic fashion and street photographer, Christopher C. Lee has riveted the attention of photography lovers nationwide with the grand opening of his boutique photography studio, Christopher C. Lee Photography & Film. He is also renowned as a portrait photographer who is able to “bring out the soul” of his subjects, capturing them in timeless frames. Chris is the founder of Photomochi (https://www.photomochi.com), an acclaimed Bay Area production studio, the lead designer of streetwear label Troo Wear (https://www.troowear.com), and the top-selling author of “The Japan Book”, a cult classic…

Starting from a meteoric rise to fame in San Francisco as an iconic fashion and street photographer, Christopher C. Lee has riveted the attention of photography lovers nationwide with the grand opening of his boutique photography studio, Christopher C. Lee Photography & Film. He is also renowned as a portrait photographer who is able to “bring out the soul” of his subjects, capturing them in timeless frames. Chris is the founder of Photomochi (https://www.photomochi.com), an acclaimed Bay Area production studio, the lead designer of streetwear label Troo Wear (https://www.troowear.com), and the top-selling author of “The Japan Book”, a cult classic…

Realization of Financial Innovation; Attaining Remarkable Achievements in Operating income Bank of Tianjin Co., Ltd. (“Bank of Tianjin” or the “Bank”; Stock Code: 1578.HK) hereby announces the audited consolidated annual results of the Company for the twelve months ended December 31, 2019 (the “Reporting Period”). Financial Summary – The bank materialized an operating income of RMB17.053 billion in 2019, representing an increase of 40.5% as compared to 2018, achieving a record high; – The Bank materialized net interest income of RMB14.65 billion (including “investment income”), representing an increase of 39.6% as compared to 2018; – Profit before provision of RMB13.06…

The four core segments grew steadily. Improvement of profitability led to a substantial increase in net profit attributable to equity shareholders Tiangong International Company Limited (“Tiangong International” or the “Group”; Stock Code: 0826.HK), the world’s leading manufacturer of high-end new materials, was pleased to announce its consolidated annual results for the year ended 31 December 2019 today. Financial Highlights – Revenue increased 6.9% to RMB5,370 million – Gross profit increased 17.9% to RMB1,020 million – Net profit attributable to equity shareholders increased 52.7% to RMB395 million 2019 is a year of growth for the Group. Total revenue increased by 6.9%…

InnoCare Pharma Limited (“InnoCare” or the “Company”) (09969.HK), as the first listed biotech company in 2020, is listed on the Main Board of the Stock Exchange of Hong Kong (HKEX) today. Investors swarmed to subscribe to the shares during the offering period. The public offering in Hong Kong was oversubscribed by nearly 300 times. The final price per share of InnoCare was HKD8.95. Approximately HKD2.24 billion was raised. Morgan Stanley Asia Limited and Goldman Sachs (Asia) L.L.C. are the Joint Sponsors. Since its incorporation in November 2015, the Company has identified and developed nine drug candidates, and conducted clinical trials…