Think Business, Think Hong Kong in Milan in November

– Unveiling Hong Kong, Chinese Mainland and Asian business opportunities

The Hong Kong Trade Development Council (HKTDC) will hold its 13th Think Business, Think Hong Kong (TBTHK) mega promotion campaign at Palazzo Mezzanotte in Milan on 27 November. This also marks the event’s return to Italy since 2014.

Amid the rapidly evolving global landscape and driven by new growth markets – such as the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) and Association of Southeast Asian Nations (ASEAN) – as well as opportunities from the Northern Metropolis initiative in Hong Kong, the event offers Italian businesses an opportunity to explore new markets, build partnerships and foster collaboration across Asia.

After successful Paris and Jakarta editions, TBTHK Milan will bring together some 80 representatives from Hong Kong, including government officials, top business leaders, innovators, investors and start-up entrepreneurs, for a day of dialogue, networking and partnership-building with Italian companies keen to expand into Asia.

At the event, Prof Frederick Ma, HKTDC Chairman, representatives from the Hong Kong SAR Government and Italian government will deliver remarks. High-profile speakers from various industries will share their insights at the Plenary Session, including Hans Michael Jebsen, Chairman of The Hong Kong-Europe Business Council and Jebsen Group; Bernard Chan, Chairman of West Kowloon Cultural District Authority; Bonnie Chan, CEO of Hong Kong Exchanges and Clearing Limited; Claudio de Bedin, Partner of Justin Chow & de Bedin Solicitors LLP; and Alex Zhavoronkov, Founder and CEO of Insilico Medicine.

The programme also includes four thematic sessions, each focusing on a strategic area that reflects shared priorities between Hong Kong and Italy and offers in-depth insights into practical collaboration opportunities:

Finance and Trade: Highlighting global economic trends, Hong Kong’s role as a trade hub, its advanced digital trade initiatives, success stories using new technologies and plans to build trade corridors linking Italy, Hong Kong, and the Chinese MainlandInnovation and Technology: Exploring AI developments, greentech, industrial digitalisation and smart city solutions, featuring case studies and testimonials that showcase promising sectors for Italian businesses seeking to expand in AsiaSupply Chain Service: Highlighting the strategic role of corporate treasury centres in strengthening supply chain functions to support Italian business growth and partnerships within Asia’s dynamic market environmentCreative and Design: Focusing on promoting collaboration between Hong Kong and Italian design, lifestyle and manufacturing excellence across Asian markets as well as fashion, art and luxury – areas in which Italian creativity and Asia’s cultural vibrancy intertwine

Strong Italy-Hong Kong ties
Italy is an important trading and investment partner of Hong Kong. In 2024, trade between Italy and Hong Kong amounted to US$8.3 billion. This positions Italy as Hong Kong’s fourth-largest trading partner, export market and third-largest import market in the EU.

Italy was also the third-largest EU investor in Hong Kong at the end of 2023, while Hong Kong was the third most popular destination for Italian investment in Asia. Hong Kong investors also made substantial investments in Italy, with the city being the third-largest Asian investor in the country. As of 2024, there were 200 Italian companies operating in Hong Kong.

The most dynamic sectors include fashion and luxury goods, electronics, food and beverage as well as high-value professional services industries, for which Italian excellence is globally recognised.

The Asian metropolis offers a unique global ecosystem, combining competitive taxation, a robust legal framework based on the common law, strong IP protection and privileged access to the Chinese Mainland and emerging Asia-Pacific markets.

This combination makes Hong Kong an ideal platform for Italian companies eager to expand internationally, diversify and strengthen their presence in one of the world’s most vibrant regions.

A media briefing about TBTHK was held in Milan on 16 October, during which Chris Lo, HKTDC Regional Director for Europe, said: “Hong Kong continues to stand out as a dynamic, international and forward-looking ecosystem. With legal certainty, tax efficiency and direct access to the Chinese Mainland market, the city serves as an ideal bridge for Italian companies seeking to operate in Asia. At the same time, the city represents a major opportunity for Asian companies looking to Europe – and particularly to Italy – as a prime destination for investment, innovation and industrial partnerships.”

Gianluca Mirante, HKTDC Director for Italy, added: “Think Business, Think Hong Kong is much more than an event. The campaign accelerates strategic connections between two complementary economies. Italian companies will find in Hong Kong a reliable partner for innovation, growth and international expansion. The initiative serves as a meeting point for institutions, businesses and investors, fostering collaboration and best practices in key areas, such as innovation, finance and sustainable development. It is a concrete opportunity to strengthen ties and open new avenues of cooperation between Italy and Hong Kong.”

For more information, please visit TBTHK, Milan’s official website:
https://thinkbusinessthinkhk.com/2025-milan/symposium/en/index.html

Register for the event on 27 November:
https://milan.hktdc.com/index.php

Photo download: https://bit.ly/3JniDh9   

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Media enquiries
HKTDC’s Communication & Public Affairs Department:

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

Weber Shandwick

Nadia LauriaTel: +39 3356962981Email: hkmedia@webershandwickitalia.it
Marco PedrazziniTel: +39 3470369222Email: hkmedia@webershandwickitalia.it
Ines BaraldiTel: +39 3428650498Email: 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 exhibitionsconferences 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.

The Hong Kong International Optical Fair opens in early November

– Over 660 global exhibitors to showcase innovation, elderly care, design and sustainability

– The 33rd Hong Kong International Optical Fair will showcase over 660 exhibitors from 19 countries and regions. Highlights will include the debut of the ASEAN Pavilion and Zhejiang Pavilion. For the first time, exhibitors from Indonesia, Russia and Vietnam will further expand the Fair’s international network
– The Hong Kong International Optometric Symposium will gather experts from Hong Kong, Australia, Singapore and the United Kingdom to share the latest developments in senior vision care
– The 25th Hong Kong Eyewear Design Competition — themed “Blending Tradition and Technology” — will display winning and shortlisted entries onsite

Organised by the Hong Kong Trade Development Council (HKTDC) and co-organised by the Hong Kong Optical Manufacturers Association, the 33rd Hong Kong International Optical Fair will be held from 5 to 7 November 2025 at the Hong Kong Convention and Exhibition Centre. The fair will bring together more than 660 exhibitors from 19 countries and regions, and present a one-stop showcase of innovative and high-tech eyewear designs and products.

Jenny Koo, Acting Executive Director of the HKTDC, said: “This year’s Hong Kong International Optical Fair, themed ‘Bright Eyes – New Horizons’, showcases a wide array of products encompassing smart technology, healthcare, senior-oriented designs and sustainable elements. It demonstrates breakthroughs in function and aesthetics, reflecting global eyewear market trends and reinforcing Hong Kong’s role as an international trading hub.”

Industry development drives new opportunities
Hong Kong’s total exports of spectacles, lenses and frames reached HK$13.7 billion in the first eight months of 2025. The European Union, the United States, and Chinese Mainland are Hong Kong’s top three export markets respectively, with exports to the mainland surging 23% year-on-year. Despite intense global competition, Hong Kong’s eyewear industry continues to maintain its strengths in design, technology and quality.

This year’s fair brings together exhibitors from around the world, including first-time participants from Indonesia, Russia and Vietnam, alongside representatives from France, Germany, Italy, Spain, Switzerland, the United Kingdom and the United States across Europe and the Americas; and Japan, Korea, Singapore and Thailand within Asia. The fair will also feature exhibitors from Chinese Mainland, Hong Kong, Taiwan and Macao. Ten group pavilions — including the Hong Kong Optical Manufacturers Association (HKOMA), Chinese Mainland (with delegations from Danyang, Zhejiang and Yingtan), Taiwan, Japan and Korea, as well as “Visionaries of Style” showcasing creative and trendy designs — will showcase international brands and leading local enterprises to demonstrate optical fashions and manufacturing innovation.

The ASEAN Pavilion will make its debut this year, with an Indonesian exhibitor presenting Halal-certified eyewear products, demonstrating the industry’s awareness of cultural sensitivity and market diversity. The signature “Brand Name Gallery” will feature over 200 international brands which encompass designer eyewear, trendsetting collections and high-technology eyewear and provide buyers with a one-stop sourcing platform.

Events to showcase industry expertise and creativity
A series of seminars, eyewear parades and other events will highlight the creative thinking and technological achievements of the optical industry. The 23rd Hong Kong International Optometric Symposium  themed “Age Well, See Well: Redefining Eye Care for the Golden Age” organised by the HKTDC and co-organised by The Hong Kong Optometric Association and The Hong Kong Polytechnic University will be held on 6 November. Sessions will focus on vision care for the ageing community and feature six experts and academics from Hong Kong, Australia, Singapore and the United Kingdom. They will share insights on topics such as age-related visual challenges, diabetic retinopathy, and optometric care for patients with cognitive impairment, and provide attendees with international perspectives and the latest clinical research trends. The symposium is accredited by the Optometrists Board of Hong Kong, and participants attending the full-day conference may be eligible for up to six Continuing Professional Development (CPD) hours.

The 25th Hong Kong Eyewear Design Competition, co-organised by HKTDC and the Hong Kong Optical Manufacturers Association, will present the theme “Blending Tradition and Technology”. It is aimed at fostering local design and manufacturing innovation and will include an Open Group as well as a Student Group. The award presentation will be held on 5 November, and shortlisted entries will be exhibited onsite at Brand Name Gallery (BNG) Rendezvous, Grand Hall during the fair, giving visitors an opportunity to appreciate the creativity and flair of Hong Kong eyewear design.

The fair will continue to adopt the EXHIBITION+ hybrid model which seamlessly integrates online and offline elements to extend business opportunities. Exhibitors and buyers can connect and arrange meetings through the Click2Match online smart business-matching platform until 14 November. During the physical event, buyers can also use the Scan2Match function on the HKTDC Marketplace App to scan exhibitors’ QR codes to bookmark favourite suppliers, access product details and interactive floor plans, and make product enquiries—enabling engagement with exhibitors before and after the fair to continue their sourcing journey.

Featured Products
As global markets evolve and technology advances, eyewear design moves towards premium quality, multifunctionality and personalisation. This year’s exhibitors will showcase a wealth of innovative products that integrate scientific research, design excellence and sustainability concepts, reflecting four key market trends: smart technology, eye health, functionality & design, and sustainability. These innovative offerings illustrate how the optical industry harnesses creativity to meet the needs of a new era. Selected featured products include:

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Photo download: http://bit.ly/42QoGRT

Websites:
The Hong Kong International Optical Fairhttps://www.hktdc.com/event/hkopticalfair/en

Event details of the Hong Kong International Optical Fair
https://www.hktdc.com/event/hkopticalfair/en/intelligence-hub  

The 23rd Hong Kong International Optometric Symposium:
https://www.hktdc.com/event/hkopticalfair/en/the-23rd-hong-kong-international-optometric-symposium

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

Fair Details

Date:5 – 7 November 2025 (Wednesday to Friday)
Time: (5 to 6 November) 9:30am – 6:30pm
(7 November) 9:30am – 5:00pm
Venue:Hong Kong Convention and Exhibition Centre
Admission:For trade visitors aged 18 or above only.
Onsite Registration Fee: HK$100 per person (free for e-Badge registration and pre-registered buyers)


Click2Match – Smart Business Matching Platform

Date:29 October – 14 November

Media enquiries

Serena CheungTel: (852) 2584 4272Email: serena.hm.cheung@hktdc.org

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 exhibitionsconferences 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

Research findings confirm Hong Kong’s continued ‘superconnector’ role in global and regional supply chain transformation

– Findings of a supply chain study commissioned by the HKTDC point out that even amid tense US-China relations, many US companies remain deeply engaged in the Chinese market, particularly in the Guangdong-Hong Kong-Macao Greater Bay Area due to its unique and highly concentrated supplier network that is difficult to replace

– Mainland enterprises are actively diversifying their supply chains and using Hong Kong as a supply chain management centre, with the city playing a key role in regional supply chain transformation

– Hong Kong is a “superconnector” that serves as a crucial gateway for mainland enterprises to expand overseas and for global companies to access the Chinese Mainland market and regional supply chains

Hong Kong’s status as the preeminent supply chain “superconnector” has been reaffirmed by a major new US-Hong Kong research initiative. This was one of the key findings of “Strategically Leveraging Supply Chains to Access the Asian Market”, a major new research initiative commissioned by the Hong Kong Trade Development Council (HKTDC) and conducted by the Bay Area Council Economic Institute of the United States.

At the heart of the study is a timely analysis of the ways in which the shift in US trade policy has triggered the accelerated reconfiguration of global supply chains, creating a raft of new challenges and opportunities along the way.

While full details of the analysis will be published in December, preliminary findings introduced in the run-up to the 15th Asian Logistics, Maritime and Aviation Conference (ALMAC) indicate heightened geopolitical tensions, evolving trade policies, environmental pressures and technological advancements as becoming the collective catalyst for a supply chain revolution that is impacting every aspect of the global economy. In the wake of this mass recalibration, companies are reassessing their operations and looking to manage hitherto unencountered risks, ensuring that resilience is now prioritised alongside cost management and consistent competitiveness. This will inevitably impact the primacy of Asia’s role within this transformed landscape.

The US research team was headed by Sean Randolph, Senior Director of the Bay Area Council Economic Institute, an acknowledged authority on economic and policy issues. Detailing the transformation underway, Mr Randolph said that the adoption of strategies such as reshoring, nearshoring and developing redundant supply routes by many global businesses is accelerating the regionalisation of supply chains. This shift, he said, has been partly driven by the regional trade agreements in place, but also by the need for greater supply chain security and a desire for proximity.

Expanding on this, Mr Randolph said: “Companies are diversifying their manufacturing bases, while relocating certain activities from China to other countries in Southeast Asia, India and Mexico – adopting the so-called ‘China+1’ strategy in order to ensure resilience and reduce risk exposure.

“At the same time, despite the ongoing bilateral friction, it is notable that many US companies remain deeply engaged with China. This is largely on account of the country’s unique concentration of suppliers – especially in the case of such regions as the Guangdong-Hong Kong-Macao Greater Bay Area (GBA) – which cannot be easily replaced or replicated elsewhere. Indeed, a number of recent surveys and announcements – including major Chinese Mainland investment commitments by businesses of the stature of Nvidia and Apple – have clearly demonstrated that, for many US businesses, China remains a key locale, with their engagement at least partly due to the indispensability of the broader regional supply chains.”

Hong Kong can benefit as mainland enterprises look to diversify supply chains
Noting that the new tariffs and President Trump’s changed trade priorities have given some countries comparative advantages when exporting to the US, HKTDC Director of Research Irina Fan said: “In a development likely to bolster China’s stature as a production base, following early November’s US-China trade agreement, Chinese imports to the United States will be subject to a 20% tariff rate (10% reciprocal tariff + 10% fentanyl related) for the period 10 November 2025 to 10 November 2026. This comparatively low tariff level puts China-based suppliers on a par with many of their Southeast Asia counterparts, while providing them with a significant competitive advantage over countries with a higher tariff rate.”

Maintaining that this does not suggest that Chinese Mainland businesses are complacent about their status, Ms Fan added: “Currently, many mainland enterprises are proactively taking steps to diversify and strengthen their supply chains, with a significant number of them leveraging Hong Kong as their supply chain management centre. Overall, Hong Kong is clearly set to play an increasingly important role in the ongoing supply chain transformation process, a change that is being driven by the region’s deeper economic integration and the new generation of supply chain networks.”

The report cited the electric vehicle (EV) sector as one example where Hong Kong is already playing a pivotal role in the regional supply chain transformation process. As mainland-based automotive manufacturers, as well as their global counterparts, prioritise the expansion of EV and battery production in Southeast Asia, Hong Kong has more than proved its worth as a crucial investment and financial hub, acting as an effective conduit for significant capital to be channelled into countries such as Indonesia, Thailand and Malaysia. More generally, recent investment data also clearly indicated that Chinese Mainland companies are increasingly utilising Hong Kong as the support platform for many of their regional projects.

This outcome is likely to be bolstered by Hong Kong’s wide-ranging financial and professional services sectors, as well as the city’s agility in adapting to technological transformation and the evolving regulatory landscape – attributes that collectively position it as an indispensable nexus for international businesses.

Summing up the report’s assessment of Hong Kong, Ms Fan said: “Essentially, this new research highlights Hong Kong’s vital roles as both a superconnector and a super-value-adder, while confirming the city’s status as the key enabler for any mainland enterprise looking to expand overseas, and simultaneously serving as a gateway for any global company looking to access the revitalised regional supply chains and the China market. This ubiquity is reflected within Hong Kong itself, with the city now home to an ever-higher number of overseas businesses, including 1,390 US companies, as of June 2024.”

Flagship logistics event set to address regional supply chain developments
The rise of regional supply chains and the implications for global trade will be among the many key issues addressed at the upcoming ALMAC, which will be held at the Hong Kong Convention and Exhibition Centre on 17 and 18 November. Organised by the Hong Kong SAR Government and the HKTDC, the event will bring together some 80 distinguished speakers and is expected to attract 2,300 participants from more than 40 countries and regions. In line with the policies outlined in the Fourth Plenary Session of the 20th Communist Party of China Central Committee and the 2025 Policy Address, the event will focus on many of the recent moves to further enhance Hong Kong’s status as an international shipping centre and global logistics hub.

As the annual flagship event for the logistics, maritime and aviation sectors, ALMAC 2025 is running under the theme “Collaboration and Growth in the New Trade Landscape”, reflecting the event’s commitment to exploring trends and opportunities in the fields of logistics, shipping and air freight. Ultimately, the aims of the event are to foster the high-quality development of logistics and supply chain management, deepen international engagement, and facilitate practical cooperation throughout the logistics industry.

Report and photo download: https://bit.ly/49Q8aFI

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Introduction to Sean Randolph, Senior Director, Bay Area Council Economic Institute

Sean Randolph served as President and Chief Executive of the Bay Area Council Economic Institute from 1998 to 2015. The Economic Institute is a business-supported public policy research and strategy organisation that focuses on the economy of the San Francisco/Silicon Valley Bay Area and California. He previously served as Director of International Trade for the State of California, and, before that, as International Director General of the Pacific Basin Economic Council (PBEC), a 1,000-member Asia-Pacific business organisation. His professional career includes service in the US Government on Congressional staffs, the White House staff, and in senior positions at the Departments of State and Energy, including as Deputy/Ambassador-at-Large for Pacific Basin Affairs and Deputy Assistant Secretary of Energy for International Affairs. Based in San Francisco, he writes for regional, US and global media and frequently speaks to Bay Area and international audiences on technology, innovation and global economic issues.

HKTDC Research Website: https://research.hktdc.com/en

Media enquiries

Yuan Tung Financial Relations

Louise SongTel: (852) 3428 5690Email: lsong@yuantung.com.hk
Tiffany LeungTel: (852) 3428 2361Email: tleung@yuantung.com.hk

HKTDC’s Communications & Public Affairs Department:

Johnny Tsui Tel: (852) 2584 4395Email: johnny.cy.tsui@hktdc.org
Clayton LauwTel: (852) 2584 4472Email: clayton.y.lauw@hktdc.org

Media Roomhttp://mediaroom.hktdc.com

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 exhibitionsconferences 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

JCB launches second round of Shopping Mall Shuttle Free Ride Campaign in Guam

TOKYO & GUAM, Nov 13, 2025 – (JCN Newswire) – JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan’s only international payment brand, and T.P. Micronesia, Inc. (Lam Lam Tours and Transportation), a group company of JTB Corp., are launching the second round of the Shopping Mall Shuttle Free Ride Campaign in Guam. The campaign will run from November 1, 2025 to March 31, 2026, continuing the successful shuttle bus initiative now in its fourth year.

JCB offers a complimentary rides on the Shopping Mall Shuttle route of the Red Guahan Shuttle, which connects Guam’s major shopping centers—Micronesia Mall, Dusit Place, K Mart, Guam Premier Outlets, and Village of Donki—via the hotel district.

To enjoy the free ride, JCB cardmembers simply present JCB Cards[1] to the driver when boarding. Each cardmember is eligible for free transportation for themselves and up to two accompanying children[2].

Following the strong positive response from visitors during the first campaign held in early 2025, JCB has decided to launch this second round using the same popular route.

For more information, please visit here.
To explore other exclusive offers and services for JCB cardmembers worldwide, visit here.

[1] Prepaid and virtual cards are not eligible.
[2] Non-eligible passengers must purchase a ticket. Children aged 5 and under travel free of charge.

About Shopping Mall Shuttle

The Shopping Mall Shuttle is a fixed route bus service that provides transportation in Guam, connecting Guam’s hotel districts to places such as major shopping centers.

About Lam Lam Tours and Transportation

T.P. Micronesia, Inc. dba Lam Lam Tours & Transportation owns a fleet of large buses, limousines, trolleys, and other vehicles and provides a variety of transportation services in Guam, including the Red Guahan Shuttle, shuttles between the airport and hotels, and chartered buses.

About JCB

JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 56 million merchants around the world. JCB Cards are now issued mainly in Asian countries and territories, with more than 169 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/

Contact
Anna Takeda
Corporate Communications
Tel: +81-3-5778-8353
Email: jcb-pr@info.jcb.co.jp

TANAKA PRECIOUS METAL TECHNOLOGIES Announces TK-SR Rhodium Material for Use in Probe Pins

The world’s first rhodium material to simultaneously offer high strength, elasticity hardness, and electrical conductivity

TOKYO, Nov 12, 2025 – (JCN Newswire) – TANAKA PRECIOUS METAL TECHNOLOGIES Co., Ltd., an industrial precious metals organization, has announced the development of TK-SR, a rhodium (Rh) material for probe pins used in probe cards during the front-end processes of semiconductor package manufacturing. This first of its kind product will be exhibited on display at Booth 506 and panel displays at SWTest Asia 2025 from November 20 to November 21 in Fukuoka, Japan.

TANAKA manufactures and supplies various precious metal probe pin materials for the inspection equipment used in the front- and back-end processes of semiconductor manufacturing. Using its proprietary processing technologies, TANAKA is the first company in the world to successfully develop a rhodium probe pin material that simultaneously offers high strength, elasticity, hardness, and electrical conductivity that will extend the lifespans of probe cards and lower their costs.

TK-SR is available in widths as narrow as 18μm, enabling precision inspection for today’s increasingly compact narrow-pitch semiconductor packages. TANAKA plans to ship twice as many of these products as conventional products by 2030.

Probe cards play a critical role in current-carrying tests on silicon wafers during front-end semiconductor processes, using thousands or sometimes tens of thousands of precision probe pins. These pins endure extremely light loads applied hundreds of thousands, or even millions, of times. If a single probe pin bends or breaks, it must be replaced, and in some cases, the entire probe card. That’s why durability is essential. TANAKA’s high-strength, high-elastic limit TK-SR significantly reduces the risk of deformation and breakage, minimizing replacement frequency and improving overall reliability.

TK-SR Product Performance (reference values)

Comparison of TK-SR and Convention Rh Wire Properties

Exhibition Details

– Exhibition Name: SWTest Asia 2025
– Dates and Times: November 20 to November 21, 2025, 8:00 a.m. to 5:00 p.m.
– Location: Hilton Fukuoka Sea Hawk (Fukuoka, Japan)
– Website: https://www.swtestasia.org/
– Exhibitor: TANAKA PRECIOUS METAL TECHNOLOGIES Co., Ltd.
– Booth No.: 506
– Panel Contents: TK-SR (wire) rhodium material for probe pins, TK-FS (wire, plate), TK-SK (wire), palladium alloy material for probe pins, TK-101 (plate) copper and silver alloy material for probe pins, and plating solution for probe pins (various types)

To learn more about TANAKA’s probe pin offerings and contributions to the semiconductor market, visit: https://tanaka-preciousmetals.com/en/products/detail/probe-pins/  

About TANAKA

Since its foundation in 1885, TANAKA has built a portfolio of products to support a diversified range of business uses focused on precious metals. TANAKA is a leader in Japan regarding the volume of precious metals it handles. Over many years, TANAKA has manufactured and sold precious metal products for industry and provided precious metals in such forms as jewelry and assets. As precious metals specialists, all Group companies in Japan and worldwide collaborate on manufacturing, sales, and technology development to offer a full range of products and services. With 5,591 employees, the group’s consolidated net sales for the fiscal year ended December 2024 were 846.9 billion yen.

TANAKA Industrial Precious Metal Materials Portal
https://tanaka-preciousmetals.com

Product inquiries
TANAKA PRECIOUS METAL TECHNOLOGIES Co., Ltd.
https://tanaka-preciousmetals.com/en/inquiries-on-industrial-products/

Press inquiries
TANAKA PRECIOUS METAL GROUP Co., Ltd.
https://tanaka-preciousmetals.com/en/inquiries-for-media/

Press Release: https://www.acnnewswire.com/docs/files/20251112_EN.pdf 

The 18th JCB World Conference Held in Incheon, Republic of Korea

TOKYO, Nov 7, 2025 – (JCN Newswire) – JCB Co., Ltd. successfully hosted the 18th JCB World Conference on November 5 and 6, 2025, at the INSPIRE Entertainment Resort in Incheon, Republic of Korea, with the generous support of the City of Incheon.

This landmark event brought together more than 270 participants representing 168 partner companies from 24 countries and regions, primarily financial institutions engaged in JCB Card issuance and merchant operations.

As Japan’s only international payment brand, JCB remains committed to delivering exceptional services and products to its customers worldwide. The conference served as a platform to share JCB’s strategic initiatives for advancing cashless payments and expanding crossborder transactions. It also highlighted efforts to promote cybersecurity through collaboration within the financial industry.

The keynote address, themed “Enriching Human Life with New Technologies,” was delivered by Mr. Won Cheol Chai of Samsung Electronics Co., Ltd.

In Session I, Mr. Oliver Manahan of EMVCo, LLC discussed the importance of secure and seamless payment experiences, while Mr. Damien Pfirsch of Agoda Company Pte. Ltd. explored travel trends in Asia and the pivotal role of payment solutions in enhancing the travel experience.

Session II featured insights from Mr. Christophe Barel and Ms. Natsuko Inui of FS-ISAC Inc., Mr. Takayuki Ohinata of Financials ISAC Japan, and Mr. Yoshimasa Kobayashi of PricewaterhouseCoopers Japan LLC. Each speaker shared their organization’s initiatives in cybersecurity. The panel discussion underscored the vital importance of preparing for cyber threats to ensure business resilience, growth, and trust.

Plenary Session

Takayoshi Futae, Chairman & CEO, JCB Co., Ltd.
Takayoshi Futae, Chairman & CEO, JCB Co., Ltd.
Theme Session / Panel Discussion
Theme Session / Panel Discussion

About the JCB World Conference

The JCB World Conference is a global forum where JCB and its partner companies convene to foster mutual communication, share JCB’s strategic direction, and strengthen partnerships. Since its launch in 1988, the conference has been held, in principle, every other year. Previous host cities include Tokyo, Kyoto, Vienna, San Francisco, Bali, Taiwan, Hawaii, and Okinawa.

Program of the 18th JCB World Conference

Presentation TitleCompany and PositionName (Titles omitted)
JCB Strategy
“Growing through Collaboration”
Chairman & CEO
JCB Co., Ltd.Chairman
JCB International Co., Ltd.
Takayoshi Futae
Keynote Address
“Enriching Human Life with New Technologies”
Corporate EVP / Head of Team
Digital Wallet Team
MX Division
Samsung Electronics Co., Ltd.
Won Cheol Chai
Session I
Theme Speech
“Advancing Secure and Seamless Payments: An Update on EMVCo’s Key Initiatives“
Director of Engagement and Operations
EMVCo, LLC
Oliver Manahan
JCB Speech
“The Evolution of Commerce from Customer Perspective”
Executive Fellow
Brand Infrastructure and Technologies Headquarters
JCB Co., Ltd.EMVCo Executive Committee / Board of Managers
Junya Tanaka 
Theme Speech
“Adapting Fast to Asia’s New Travel Dynamics”
Chief Commercial Officer
Agoda Company Pte. Ltd.
Damien Pfirsch
JCB Speech
“Partnering for Excellence: Enhancing Cross-Border Customer Experiences”
Executive Officer and Head of Global Business Headquarters
JCB Co., Ltd.President and CEO
JCB International Co., Ltd.
Masaki Yokawa
Session II
Session Introduction (Moderator)Officer, Partner
PricewaterhouseCoopers Japan LLC
Yoshimasa Kobayashi
Theme Speech
Panel Discussion “Cybersecurity through Collaboration in the Financial Sector”
Managing Director APAC
FS-ISAC, Inc.
Christophe Barel
Regional Director, Japan
FS-ISAC, Inc.
Natsuko Inui
Director
Financials ISAC JapanExecutive Fellow
Mitsubishi Research Institute, Inc.Geopolitical WG Lead of G7 Cybersecurity Expert Group
Takayuki Ohinata 
Head of System Risk and Cybersecurity Management Office
JCB Co., Ltd.Chairperson of Joint Cyber Exercise Working Group
Financials ISAC Japan
Toshio Sasada

About JCB

JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 56 million merchants around the world. JCB Cards are now issued mainly in Asian countries and territories, with more than 169 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/

Contact
Anna Takeda
Corporate Communications
Tel: +81-3-5778-8353
Email: jcb-pr@info.jcb.co.jp 

Olympus Unveils Corporate Strategy

Shaping the future of endoscopy-enabled care through innovation and operational excellence

TOKYO, Nov 7, 2025 – (JCN Newswire) – Olympus Corporation (Olympus), a global MedTech leader dedicated to making people’s lives healthier, safer, and more fulfilling, today unveiled a comprehensive strategy to transform endoscopy-enabled care through innovation and operational excellence. The strategy aims to accelerate cutting-edge technologies and reinforce Olympus’ global leadership in MedTech, improving outcomes for millions of patients worldwide.

“Today marks a pivotal moment for Olympus,” said Bob White, Representative Executive Officer, President and Chief Executive Officer at Olympus. “We are building on our industry-leading installed base of endoscopy systems to move beyond hardware toward a future defined by intelligent, integrated care. By simplifying our organization, we are enhancing agility and making bold investments in the next generation of medical technology. Guided by our strong Purpose and Core Values, Olympus is committed to setting new standards in endoscopy-enabled care and delivering better care for millions of patients around the world.”

Caption: Envisioning the future of endoscopy-enabled care
Caption: Envisioning the future of endoscopy-enabled care

A Vision for the Future of Endoscopy-Enabled Care

Olympus envisions a future where advanced, minimally invasive endoscopy – powered by AI, robotics, and connected digital ecosystems – enable earlier detection, improves clinical outcomes, enhances patient safety, and ensures continuity of care. With the world’s largest installed base of endoscopy systems and significant unmet clinical needs across the care pathway, Olympus is uniquely positioned to scale innovation globally and redefine standards in endoscopy-enabled care.

Three Strategic Pillars

The strategy to achieve the vision is built on three strategic pillars: Innovation-driven Growth, Simplicity, and Accountability.

  • Innovation-driven Growth will focus on expanding leadership in AI-powered endoscopy, robotics and cloud-connected solutions.
  • Simplicity and Accountability will serve as operational accelerators, streamlining processes, empowering teams, and driving sustainable performance.

Organizational Transformation

As part of its strategy, Olympus will implement a global organizational transformation to align structure and resources with its strategic priorities. The company expects these changes to yield approximately 24 billion yen in run rate savings and a net reduction of roughly 2,000 positions in the global workforce1. The optimization will simplify organizational layers and expand managerial spans of control, fostering agility and clearer accountability.

Three-Year Financial Plan

Olympus’ integrated growth and transformation plan is designed to deliver sustained value for patients, healthcare providers, and shareholders alike. The company targets 5% year-on-year revenue growth by fiscal year 2029, annual 100 basis-point growth from fiscal year 2026, more than 10% EPS (Earnings Per Share) CAGR (Compound Annual Growth Rate), and continuous improvement in free cash flow. Capital will be deployed dynamically to support innovation, dividends, share buybacks, and strategic M&A.

Leadership Transitions

Olympus also announced several leadership changes:

  • Keith Boettiger, currently Corporate Officer and Co-head of the Gastrointestinal Solutions Division, will be appointed Executive Officer and Gastrointestinal Solutions Division Head, effective April 1, 2026. He will succeed Frank Drewalowski, who will transition to Senior Advisor to the Chief Executive Officer, supporting Olympus’ strategic priorities.
  • Yasuo Takeuchi will step down as Representative Executive Officer, Executive Chairperson and ESG Officer at the end of March 2026, concluding over four decades of service. Takeuchi, who served as President and CEO beginning in 2019, led Olympus’ transformation into a pure-play MedTech company and cultivated its global Purpose and Core Values. Under his leadership, the company strengthened its governance, enhanced board diversity, and laid the foundation for Olympus’ next phase of growth as a global MedTech leader.

1 The implementation period is from fiscal year 2026 to fiscal year 2027. Expected workforce reductions and anticipated savings described herein are contingent upon, and will be executed in accordance with, all applicable local employment laws and regulatory requirements.

About Olympus

At Olympus, we are committed to Our Purpose of making people’s lives healthier, safer and more fulfilling. As a global medical technology company, we partner with healthcare professionals to provide innovative solutions and services for early detection, diagnosis and minimally invasive treatment, aiming to improve patient outcomes by elevating the standard of care in targeted disease states. For more than 100 years, Olympus has pursued a goal of contributing to society by producing products designed with the purpose of delivering optimal outcomes for its customers around the world. For more information, visit https://www.olympus-global.com/ and follow our global LinkedIn and X accounts.

Media contact:
Mail: Global-Public_Relations@olympus.com.

Olympus Corp [TYO: 7733] [ADR: OLYMY] [STU: OLY1] [FRA: OLYS] https://www.olympus-global.com 

TANAKA’s New Head Office, TANAKA Building Received The GOOD DESIGN AWARD 2025

TOKYO, Nov 7, 2025 – (JCN Newswire) – TANAKA PRECIOUS METAL GROUP Co., Ltd. (Head office: Chuo-ku, Tokyo; Group CEO: Koichiro Tanaka) announces that its new head office, the TANAKA Building, constructed in Nihonbashi Kayabacho, Chuo-ku, and to which the head office functions were relocated on April 1, 2024, has been chosen as a winner of the GOOD DESIGN AWARD 2025, which is organized by the Japan Institute of Design Promotion (JDP).

The Vision Behind the New Head Office, TANAKA Building

The founding location, Kitajima-cho, Nihonbashi-ku, Tokyo (now Nihonbashi Kayabacho, Chuo-ku), served as the head office of TANAKA from 1885 to 2006, when the head office functions were moved to Marunouchi. In April 2024, as a leading company in the precious metals industry, driving the forefront of the times while upholding its founding philosophy and aiming for further development, TANAKA relocated its head office functions back to its birthplace, Kayabacho—a district undergoing remarkable evolution through the redevelopment of the surrounding area and the creation of new hubs for intergenerational exchange.

The new head office was designed under the concept “Connecting with people, the city, and the future.” It embodies the vision of a place that brings together diverse people and values to create the future. The exterior adopts a calm color scheme, and limited space is effectively utilized by incorporating greenery to provide a feeling of nature, aiming for harmony with the tranquil, historically cultivated streetscape of Kayabacho.

Inside the building, a central staircase in the atrium promotes open and liberating communication and encourages barrier-free interaction among employees. Furthermore, to support Activity Based Working (ABW)—a work style that allows employees to flexibly choose where and when they work according to their tasks and circumstances—the office layout incorporates diverse spaces such as free-address seating, web-compatible booth seats suitable for individual work, and meeting spaces that can flexibly accommodate different group sizes.

The building’s overall design has been recognized for reducing energy consumption by 51% compared to conventional buildings, achieved through lowering environmental load during construction, adopting high-efficiency equipment, and actively utilizing natural energy. It meets the standards for ZEB (Zero Energy Building) Ready.

Evaluation Comment from the GOOD DESIGN AWARD Judges:

The new head office, which has returned to its founding site, embodies in its architecture the clear theme of connecting the “city,” “people,” and the “future.” On the first floor, there is a hall and a display of a mikoshi (portable shrine) used in local festivals, expanding opportunities for interaction with the local community. The large atrium, Crucible Space, which runs through the center of the office, serves as a symbolic area that brings in light and wind while encouraging encounters and collaboration among people. Equipped with systems for seismic isolation and environmental consideration, this architecture embodies the image of a company that builds on its history and continues into the next generation.

Outline

NameTANAKA Building
ProducerTomohiro Toi, Managing Corporate Officer,
TANAKA PRECIOUS METAL GROUP Co., Ltd.
DirectorYosuke Miura, KUME SEKKEI Co., Ltd.
DesignerShinichi Fujihira, Koki Kuboyama, KUME SEKKEI Co., Ltd.
Location2-6-6, Nihonbashi Kayabacho, Chuo-ku, Tokyo
Site Area1,307.88 m²; Building Area: 1,040.98 m²
Total Floor Area8,809.27 m²
Primary StructureSteel Frame + Partial Steel Reinforced Concrete + Reinforced Concrete (Seismic Isolation Structure)
Number of Floors8 above ground, 2 below ground

*Please refer to this page for the introduction page on the GOOD DESIGN AWARD website.

About the GOOD DESIGN AWARD:

Established in 1957, GOOD DESIGN AWARD is Japan’s leading commendation system. Eligible for application are products, architecture, application and software, projects and initiatives that utilize design and more. Through this system, many people come in contact with “good design” and appreciate their value. The recognition rate of the award is 84%*, with its familiar symbol, G-Mark.

*According to the latest survey by Japan Institute of Design Promotion in 2020.
https://www.g-mark.org/

About TANAKA

Since its foundation in 1885, TANAKA has built a portfolio of products to support a diversified range of business uses focused on precious metals. TANAKA is a leader in Japan regarding the volume of precious metals it handles. Over many years, TANAKA has manufactured and sold precious metal products for industry and provided precious metals in such forms as jewelry and assets. As precious metals specialists, all Group companies in Japan and worldwide collaborate on manufacturing, sales, and technology development to offer a full range of products and services. With 5,591 employees, the group’s consolidated net sales for the fiscal year ended December 2024 were 846.9 billion yen.

TANAKA PRECIOUS METAL GROUP Co., Ltd.
TANAKA Corporate Website
https://www.tanaka.co.jp/english/

Press inquiries
TANAKA PRECIOUS METAL GROUP Co., Ltd.
https://www.tanaka.co.jp/support/req/other_contact_e/index.html

Press Release: https://www.acnnewswire.com/docs/files/20251106.pdf 

JCB and Agoda Enter Long-Term Partnership to Enhance Travel and Payment Experience Across Asia

Three-year agreement delivers exclusive privileges, joint promotions, and seamless payment benefits to JCB cardmembers booking with Agoda in key Asian markets

TOKYO, Nov 6, 2025 – (JCN Newswire) – JCB International Co., Ltd., the international operations subsidiary of JCB Co., Ltd., Japan’s only international payment brand (JCB), and Agoda, a leading digital travel platform, today announced the start of a three-year partnership. The announcement was made at the 18th JCB World Conference.

From left to right: Damien Pfirsch, Chief Commercial Officer, Agoda alongside Masaki Yokawa, President & CEO of JCB International Co., Ltd.
From left to right: Damien Pfirsch, Chief Commercial Officer, Agoda alongside Masaki Yokawa, President & CEO of JCB International Co., Ltd.

Effective from April 2026 through March 2029, the Memorandum of Understanding (MOU) sets out a shared vision to leverage data-driven insights to attract new customers, optimize marketing strategies, and explore new communication channels to effectively engage with inbound travelers to Japan.

Through joint campaigns, co-marketing initiatives, and long-term value propositions, JCB and Agoda are committed to enhancing customer satisfaction and strengthening engagement. This collaborative partnership is structured to benefit both companies by attracting new customers, encouraging greater use of JCB Cards, and supporting the growth of JCB Card issuance.

“We are proud to partner with Agoda to deliver even greater benefits to JCB cardmembers,” said Masaki Yokawa, President & CEO of JCB International Co., Ltd. “This partnership allows us to provide timely, relevant information that aligns with each customer’s travel journey. By offering the right information at the right time, whether during trip planning or just before departure, we aim to make their travel more rewarding and special.”

Under the MOU, JCB cardmembers will enjoy exclusive discounts and special offers on Agoda in key markets including Taiwan, China, Hong Kong, the Philippines, South Korea, Indonesia, Thailand, Vietnam, and India. Joint promotions are already live, offering up to 12% additional discounts on hotel bookings through dedicated Agoda pages. In the first half of 2025 alone, Japan remained Agoda’s top searched destination, with a 35% increase in searches, underscoring its enduring appeal among travelers in the region.

“Agoda and JCB share a commitment to making travel more rewarding and accessible for customers across Asia,” said Damien Pfirsch, Chief Commercial Officer of Agoda during his keynote speech at the conference. “This partnership is a testament to the trust we’ve built and our shared vision to strengthen inbound travel to Japan and expand opportunities for travelers in the region. By combining Agoda’s technology and reach with JCB’s strong brand and customer base, we are well-positioned to deliver meaningful benefits and new experiences for our users.”

The strengthened partnership between JCB and Agoda aims to better meet the evolving needs of travelers across Asia, particularly as intra-Asia travel grows alongside the region’s rising middle class. By offering greater convenience and value, the collaboration continues to contribute to Japan’s appeal as a top inbound destination. The partnership also underscores Agoda’s commitment to enhancing travel experiences and supporting innovation within the travel and payments industry.

About JCB

JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 56 million merchants around the world. JCB Cards are now issued mainly in Asian countries and territories, with more than 169 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/

About AGODA

Agoda, a digital travel platform, helps anyone see the world for less with its great value deals on a global network of over 6 million hotels and holiday properties worldwide, plus flights, activities, and more. Agoda.com and the Agoda mobile app are available in 39 languages and supported by 24/7 customer support.

Headquartered in Singapore, Agoda is part of Booking Holdings (Nasdaq: BKNG) and employs more than 7,000 staff in 27 markets, dedicated to leveraging best-in-class technology to make travel even easier.

Agoda’s business-to-business (B2B) division connects accommodation, flight and activity providers alongside strategic partners to a global audience of intent-driven consumers. Agoda drives partner success with actionable insights, data-driven solutions, and localized marketing strategies. Its strategic partnerships arm, Rocket Travel by Agoda, enables global brands to launch customized travel platforms and loyalty programs.

Contact

Agoda
Niraen Paranjothy
TEAM LEWIS
Tel: +601110773709
Email: agodahub@teamlewis.com

Sonia Cheng
TEAM LEWIS
Tel: +85294459013
Email: agodahub@teamlewis.com

JCB
Anna Takeda
Corporate Communications
Tel: +81-3-5778-8353
Email: jcb-pr@info.jcb.co.jp

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.