Phar-East 2020 Names Keynote Speakers

SINGAPORE, Jan 20, 2020 – (ACN Newswire) – Covering innovation, digital, drug development and pharma we welcome leading lights from Pfizer, Bayer, Aslan Pharmaceuticals, Experimental Drug Development Centre and Recursion Pharmaceuticals as the Keynote Speakers at Phar-East 2020.

Phar-East 2020 will be held in Singapore on March 31-April 1 at Resorts World Convention Centre.

To hear from these thought-leaders presenting on the keynote stage then join over 1000 industry experts at Asia’s Pharma & Biotech Festival, get your tickets today.

To book your conference pass, visit: https://bit.ly/2FYEK9f

ITES 2020: An Exhibition of World-class Brands Leading the Smart Factory Revolution

ITES 2020 (Shenzhen International Industrial Manufacturing Technology Exhibition) will be held in Shenzhen, China’s innovation center & manufacturing hub, from March 30th to April 2nd, 2020. Since its establishment in 2000, ITES has developed into an international exhibition, authorized by UFI and certified by BPA. This year’s exhibition will cover 12 halls (240,000 sq.m) at the Shenzhen World Exhibition & Convention Center (Shenzhen World), and will focus on digital, intelligent, personalized and innovative technologies and solutions for different industries.

A manufacturing exhibition born in Shenzhen, ITES has been pivotal in the transformation from ‘Made in China’ to ‘Created in China’. Shenzhen enjoys Free Trade Zone status, a window on reform and opening up, and an essential reason ITES settled here. Shenzhen supports its manufacturing industry, and many local brands such as Han’s Laser, Taikan, BYD and DJI have flourished. Standing at the intersection of the new industrial revolution and the digital economy, today’s ITES continues its focus on the future of manufacturing.

ITES exhibits manufacturing for metal cutting, metal forming, digital manufacturing technology, IIOT, robotics & automation applications, additive manufacturing, industrial measurement, cutting tools and precision parts processing. ITES also exhibits efficient technology and business communication platforms for processing manufacturers from hubs around the world. 8 themed exhibitions will link to thousands of domestic and overseas brands (30+ countries) covering the entire industrial chain, with the latest innovation achievements in advanced manufacturing.

Highlights: Metal Cutting Machine Tools Exhibition (Halls 5/7):

a) Pavilion for 3C products (cell phones), precision molds, medical devices, and other industries.
Precision processing equipment is used in 3C product manufacturing including precision molds, medical device, and other industries. Representative exhibitors of this pavilion include Mitsubishi, Beijing Jingdiao, Precitrame, Mikron, +GF+, Sodick, Swic and, CHMER, among many more.

b) Pavilion for automotive, die & molds, aerospace, and other industries.
ITES 2020 sets out a five-axis/gantry machining pavilion to meet the huge demand from automobile, die & molds, aerospace, and other industrial chains. Brands such as Mazak, Makino, Haas, Doosan, Nicholas, Otaki, Haitian Precision, Vision Wide, Hurco and Roders will show new products and technologies on-site.

Highlights: Metal Forming Machine Tools Exhibition Highlights (Halls 6/8) :

a) Bending automation technology breaks the bottleneck of sheet metal processing.
ITES 2020 sets out a dedicated exhibition area for sheet metal automation equipment. Branded exhibitors including Bystronic, Yawei, JFY, Accur Press, Tailift, EKO and Yangli Group will gather to solve the many difficult problems in sheet metal processing.

b) Multiple sheet metal processing companies compete for 10,000-watt laser market.
10 KW to 20 KW ultra-high-power laser cutting machines for aerospace, railway transportation, engineering machinery and construction steel structures. Sheet metal brands such as Penta Laser and Lead Laser will display 10KW laser equipment, while branded exhibitors including HG Laser, HSG Laser, Quick Laser, HE Laser, Bodor, Hysmson and IPG will also display products on-site.

Other Themed Exhibition Highlights:

a) Tools & Industrial Consumable (Halls 1/2) – Contains toolings, machine tool accessories, super-hard materials, jigs & fixtures, hardware & tools, industrial design & customization service, logistics supply chain service and industrial park service.

b) Industrial Measurement & Digital Manufacturing (Hall 3) – Includes industrial measurement (coordinate measuring machine, laser tracker, on-machine measurement system, photogrammetry, optical measuring machines, measuring tools), digital solutions.

c) Additive Manufacturing Technology (Hall 4) – Gathering upstream and downstream enterprises among 3D printing equipment, scanners, software to present the advantageous AM applications for the South China manufacturing industry.

d) Industrial Supply Exhibition (Hall 4) – Creates a complete eco-industry chain and the sourcing platform with different industrial supply materials, covering molds and accessories, fasteners, metal materials, surface treatment.

e) Robotics & Smart Factory Exhibition (Halls 9/10/11) – Including three dedicated exhibition halls for robot & non-standard automation equipment, industrial controller, sensor & connector, mechanical transmission & actuator integrated application.

About ITES

ITES (Shenzhen International Industrial Manufacturing Technology Exhibition) is an annual, large-scale exhibition for the manufacturing industry held in Shenzhen, South China since 2000. Known formerly as SIMM (Shenzhen International Machinery Manufacturing Industry Exhibition), ITES is authorized by the UFI (International Exhibition Industry Association) and BPA (International Media Certification Body). ITES 2020 is expected to feature at least 2,000 local and international exhibitors and attract more than 150,000 professional visitors from markets around the world.

ITES 2020 exhibition website: https://www.iteschina.com
ITES 2020 advance tickets: http://www.simmtime.com/pre-index_en.htm
2019 exhibition report (20th Anniversary) : https://bit.ly/2TrkMMp

Contact: Talina Zeng, +86-755-2394-0012, info@simmtime.com

Quamnet Outstanding Enterprise Awards 2019 ceremony Successfully Held on 14 January 2020

The Award Ceremony of Quamnet Outstanding Enterprise Awards 2019 was successfully held on 14 January 2020 at Rosewood Hong Kong. 18 awarded companies’ representatives and honourable guests attended and witnessed the 11th Anniversary of the Awards. With celebration of the remarkable achievement, the Awards gained wide support from the business community and media from both Hong Kong and overseas.

Celebrating 11th Anniversary: Beyond Reputation and Innovation

Being a leading financial website in Hong Kong, Quamnet not only focuses on the financial field, but also the accomplishments of Hong Kong business community which attracts public attention. The Awards, instituted in 2009, is organized by Quamnet and aims to identify and recognize the excellent performance of Hong Kong enterprises.

The judging panel of QOEA is formed by the Quamnet editorial team, Quamnet research team, and independent financial analysts. Each nominated enterprise is required to submit their company profile and the self-evaluation report for assessment and selection. The committee will then use eight categories to select the most representative enterprises. The eight categories include excellent products and services, brand reputation, philosophy of operation, marketing strategies, sustainable development strategies, accomplishments, corporate social responsibility and unique business philosophy or development.

This year we celebrate the eleventh year of QOEA, with theme of “Beyond Reputation and Innovation”, which means all winning companies’ determination in dedication, leading the industry peers and creating innovative ideas, that eventually leads to further development of economy of Hong Kong.

Awarded companies come from a wide array of industries in Hong Kong, including financial services, property development finance and information technology, transport and infrastructure, asset management, insurance, logistics, property development and media etc.

18 companies are being awarded this year with its outstanding achievement, including Agile Group Holdings Limited, Aura Global Limited, Bank of Communications Trustee Limited, China CITIC Bank International Limited, China CITIC Bank International Private Banking, China Life Trustees Limited, China Minsheng Financial Holding Corporation Limited, CITIC Telecom International CPC Limited, Dah Sing Bank, Limited, Dah Sing Insurance Company (1976) Limited, Kaisa Group Holdings Ltd., Kerry Logistics Network Limited, LF Logistics (Hong Kong) Limited, Nanyang Commercial Bank, Limited, Negawatt Utility Limited, Redsun Properties Group Limited, XGD Media Limited and Yuexiu Transport Infrastructure Limited.

Awards Ceremony Attended by Professionals and Elites, Widely Embraced by Business Community and Media

The Awards was honoured to have business community and media’s support, including

Dr. Pollyanna Y.W. Chu, Vice-Chairman of The Institute of Securities Dealers and Honorary Chairman of The Chamber of Hong Kong Listed
Dr. Michael Chan , Honorary Chairman of Hong Kong Institute of Marketing
Prof. Terence Chong , Executive Director of Lau Chor Tak Institute of Global Economics and Finance, The Chinese University of Hong Kong
Dr. Peter Chiu, PhD , Chairman of The Association of Distinguished Corporation and Chairman of Guangdong-Hong Kong-Macao-Bay Area Economic And Trade Association (corporate citizenship)
Mr. Sam KWOK Tak Sum , President of Hong Kong Society of Economists
Ms Alice Yip , ACCA Global Council Member

Mr. George Wong, Managing Director of China Tonghai Financial Media Limited, said “The Awards reflect Quamnet’s mission of recognizing the outstanding performance of the enterprises in Hong Kong, as it aspires to be a widely recognized financial media, setting the benchmark of corporate governance and business development. 2019 has been a tough year for enterprises around the world, Hong Kong enterprises have managed to strive in the ever-changing environment and remain abreast of economic and technological development. Celebrating the 11th Anniversary of QOEA, we would also like to express our appreciation to all the winners in the past ten years. The achievement and outstanding performance of these enterprises not only helps enhance positive corporate image and reputation on their own, but it also helps create value through good corporate governance and business culture.”

Keys to success of outstanding enterprises

Agile Group Focusing on Property Development and Supported by a Diversified Range of Businesses
Ms. Sarah Leung, Senior Manager, Corporate Affairs of Agile Group Holdings Limited, expressed her gratitude to Quamnet for awarding the “Outstanding China Real Estate Enterprise” to Agile Group. In recent years, Agile Group has implemented the business model of “focusing on property development, supported by a diversified range of businesses”, and made all efforts to expand its business segments including property development, property management, environmental protection, Agile City (formerly known as construction), real estate construction management and commercial etc. In 2019, the Group has established its property development and diversified businesses in various cities in China and overseas, and these businesses have returned with fruitful results. During the year, Agile Group obtained an encouraging result that once again achieved over RMB100 billion of pre-sale amount and fulfilled its full-year pre-sales target for 2019.

Aura Global provides caring immigration advisory service
Aura Global Limited is named the Outstanding Consultancy of Immigration and Foreign Investment 2019. Aura Global has been recognized with their caring immigration advisory service and strong international partnerships in the market. With a devoted team which truly cares about client’s needs, Aura Global has proved themselves to be a trustworthy and responsible company of integrity. Ms Margaret SzeTo, director and cofounder said, “It is not just about what we can do to our clients with our expertise. It is about the mission of what we should be doing and innovate to actually give our clients peace of mind and confidence.” Aura Global serves clients with sincerity, and eventually it becomes something mutual from their clients. Tackling obstacles for clients with their professionalism and honesty, they have successfully conveyed the message to their clients that, “Immigration is just that simple.”

BOCOM Trustee Rapid Expansion in Custody Services
Bank of Communications Trustee Limited (“BOCOM Trustee”) extended its trustee services in Hong Kong with remarkable results. BOCOM Asset Custody Business Centre (Hong Kong) was established in March 2013. It was the first professional custody platform set up by Chinese banks outside Mainland China, integrating the functions of marketing, custody operations, product development, and customer services in one go. This platform marked an important milestone for Bank of Communications in the development of its cross-border custody business. With the rapid expansion of RMB bonds and the internationalization of Renminbi, in order to meet the diversified needs of customers, BOCOM Trustee closely follows the changing trend of the market, dedicated to create a professional and high-quality solution for each customer and continuously improves the service quality of its own brand.

China CITIC Bank International adheres to progressive approach to creating value for customers with customer-centric execution of world-class quality
China CITIC Bank International is committed to providing customers with a comprehensive array of professional banking and wealth management services including tailored asset allocation and wealth succession solutions which allow customers to facilitate transfer, protection, accumulation and growth of wealth as well as seamless succession of family business towards achieving their wealth management aspirations. In view of the service excellence, China CITIC Bank International again received two awards in the Quamnet Outstanding Enterprise Awards, namely Outstanding Private Banking Service 2019 and Outstanding E-Business Service 2019. Aspired to be “the best integrated financial services institution” with the best international standards and capabilities, China CITIC Bank International provides value-creating financial solutions to define and exceed both the wealth management and international business objectives of Greater China and overseas customers.

China Life Trustees Sets the New MPF Benchmark with Innovative Technology
China Life Trustees Limited has been awarded with “Outstanding MPF Scheme” for six times. “Your Companion for Retirement Life, China Life MPF” is the business concept of China Life Trustees, which means that we regard “customer-orientation” as our core spirit. To assist Hong Kong workforce to build fruitful retirement life, China Life Trustees keeps on improving current MPF product structure, fund portfolio and fees of the scheme, and also bringing new technology to expand the types of service provided on e-platform. Through MPF digital transformation, customers can manage their MPF hassle-free at anytime, anywhere.

CITIC Telecom CPC with the motto “Innovation Never Stops” to take hold of every opportunity to grow
CITIC Telecom CPC is a “Global Local” ICT solutions partner with worldwide footprint. With the motto “Innovation Never Stops”, the company serves multinational enterprises the world over by addressing their specific ICT requirements with highly scalable tailored solutions built upon its flagship technology suites. Mr. Alex Ma, Manager, Cloud Solutions Architect of CITIC Telecom CPC, says digital transformation is an inevitable trend for enterprises in recent years. CITIC Telecom CPC leads its key markets at the forefront of pioneering ICT development, embracing AI, AR, Big Data, IoT, and other cutting-edge emerging technologies to transform technical potential into real-world value for its customers, helping them achieve higher productivity, agility, cost-efficiency, and ultimately, Digital Transformation. Whilst 2020 will be a challenging year, CITIC Telecom CPC will continue its effort on launching more innovative solutions and extending the service reach, taking hold of every opportunity to grow with its enterprise customers.

Dah Sing Bank provides diversified products and progress with customers
Dah Sing Bank was named again the Outstanding Enterprise Transaction Banking Services, demonstrating the Bank’s success in delivering on its commitment to continuous innovation for providing a pleasant customer experience. The Bank is focused, devoted, flexible, and efficient in serving customer in the Greater Bay Area providing a diverse spectrum of products and services. The commitment to build a long-term relationship with customers deeply identified with the judges of this award. Mr. Eddie Lau, Executive Director & Head of Commercial Banking Division, said: “Dah Sing Bank is delighted to be recognised by Quamnet as the Outstanding Enterprise Transaction Banking Services. This award validates the approval of the industry and our customers toward the works that we have been doing over the years. For this, we are honoured and would like to express our gratitude to Quamnet again for this award. In the future, we will continue to design our products and services according to customer needs and strives to provide the best banking experience. We hope to be with our corporate customers “Together We Progress and Prosper.”

Dah Sing Insurance provides diversified products to meet ever-changing market needs
Dah Sing Insurance Company (1976) Limited is awarded the Outstanding Insurance Company (General Business) for the second year. Dah Sing Insurance CEO Mr Jimmy Poon states that it is a recognition to our achievements in providing high-quality general insurance products and services to our personal and commercial customers. In future, Dah Sing Insurance, as a wholly owned subsidiary of Dah Sing Financial Holdings Limited, will continue to embrace the same guiding principles and values of the Dah Sing Group and dedicate to attain Customer Commitment, Integrity and Compliance, Financial Strength & Risk Management and Operational Excellence. In keeping with the times and the ever-changing market demand, we will further develop a wider spectrum of high-quality insurance products to offer comprehensive coverage to our clients. Meanwhile, we will also leverage new information technologies to provide better customer service to our clients.

Kaisa Group will continuously anticipate China’s national development strategy and established a strong foothold in the Guangdong-Hong Kong-Macao Greater Bay Area
Mr. Edward Lau, Chief Financial Officer of Kaisa Group Holdings Ltd., expressed his gratitude to Quamnet for granting the “Outstanding Comprehensive Investment Group” award to Kaisa Group. As one of the top 30 large-scale integrated property developers in China, Kaisa started urban renewal business when the Group was founded. The Group has established a strong foothold in the Guangdong-Hong Kong-Macao Greater Bay Area. Over the past 20 years of development, the Group has leveraged on the solid foundation of its core property development operation to develop a comprehensive “Real Estate +” business portfolio comprising diverse industrial operations in healthcare, technology, cultural tourism and other sectors. Going forward, Kaisa Group will continuously anticipate China’s national development strategy and actively participate in the development of China’s urbanization from multiple dimensions.

Kerry Logistics continues to enhance the service to accommodate the changing needs of customers
Alex Ng, Executive Director of Kerry Logistics, said, “We are grateful to Quamnet for its recognition of our constant dedication to excellence. To receive the Outstanding Global 3PL title for the third time is a great encouragement as we extend our international footprint across diverse regions. We will continue to enhance our service capabilities while growing our geographical coverage in order to accommodate the changing needs of our customers around the world.”

LF Logistics cover a range of key verticals to accelerate the business growth
LF Logistics (LFL) was awarded the Outstanding Asia-Pacific E-Commerce Logistics Service Provider. LFL is a leading third-party logistics (3PL) provider based in Asia and manages over 250 distribution centers across 15 countries, providing both in-country logistics and global freight management services to its customers. LFL’s operations cover a range of key verticals, including Footwear & Apparel, Fast-moving Consumer Goods, Food and Beverage, Beauty and Wellness, Consumer Electronics, and Healthcare. The ability of LFL to continue to delight its customers and become successful in the industry is founded on the three-pillar model that focuses on business development, account management and operations excellence. Our strategy guided by these three pillars combined with a focus on the fast-growing consumer markets of the Asian region continues to accelerate the business growth.

NCB focus on clients and provide in-depth integrated cross-border financial services
In 1982, NCB set up a branch in the Shenzhen Special Economic Zone, which is the first foreign bank branch in the Mainland China after the foundation of People’s Republic of China. On 24 December 2007, NCB(China) was commenced to further expand NCB’s development in the Mainland. Headquartered in Shanghai, NCB(China) provides professional and quality products and services to customers with its network of 37 branches. On 30 May 2016, NCB officially became a wholly-owned subsidiary of China Cinda Group (“Cinda Group”) with the underlying development strategy towards the future as: Leveraging the platform of Cinda Group, we fortify the development of traditional banking business with a focus on clients. Meanwhile, we establish a distinctive brand for cross-border financial business and big asset management business through highly-efficient collaboration in order to become a commercial banking group in Mainland China and Hong Kong – encompassing the qualities of integrated, international and modernized – with the capability to provide in-depth integrated cross-border financial services.

Negawatt breakthrough on A.I. technology allows us to perform true big data analysis for energy saving
Negawatt is very proud to be awarded the “Quamnet Outstanding Enterprise Awards”. We are very excited to be the first start-up addressing building equipment optimization. Since than Negawatt has been the pioneer on energy saving through an innovative Holistic Engineering Statistical Cluster Trending Analysis and A.I. Multi-dimension Big Data Analysis.

We believe that conventional means of energy-saving like hardware replacement have been depleted. Negawatt breakthrough on A.I. technology allows us to perform true big data analysis on demand-side optimization. This high technology approach renders the building energy-saving target (40% reduction on energy intensity) set by the Government of HKSAR achievable. Negawatt has successfully helped 80 plus buildings to save up to 15% of chiller energy consumption in the past two years. Negawatt believes the next generation of energy-saving lies in optimization including the Retro-commissioning, and A.I. Big Data Analysis is the ultimate solution for energy saving. Negawatt will continue to strive, to seek and to find new saving opportunities and pledge our effort to a greener Earth. “Turn Megawatt into Negawatt.”

Redsun Properties develops with “Property + Commercial” dual-driver strategy
Redsun Properties Group Limited, a leading integrated property developer in China, was awarded Outstanding Grand Land Developer 2019. Redsun Properties is one of the few real estate companies in China that offers comprehensive urban renewal services. Its “Property + Commercial” dual-driver strategy and its unique high quality differentiated development has set solid foundation for the Group to implementits “penetrating Jiangsu, strengthening foothold in the Yangtze River Delta region and expanding into metropolitan areas” regional deployment strategy, while continuously exploring other dynamic key hub cities. Adhering to its core value philosophy of “keeping people-oriented and integrity-based”, the Group is principally engaged in property development and sales, commercial property investment and operations and hotel operations. The Group will continue to work hard in the future to take more social responsibility and create greater value for customers, shareholders, partners, government and the public.

XGD Media provides multiple advertising solutions for advertisers to reach different audiences
XGD Media is a leading digital outdoor media company specialising in innovative advertising spaces in the heart of Hong Kong. The company manages multiple digital and static billboards located in CBD areas across Hong Kong Island and Kowloon. Their prime billboard locations are spread across Central, Causeway Bay and Yau Tsim Mong District. XGD Media is well-known for its digital outdoor media technologies and offers one of a kind outdoor advertising capabilities to disrupt traditional advertising solutions. In the past few years, XGD Media committed to developing different digital outdoor media. Successfully gained support from many advertisers, XGD Media won the Outstanding Digital Outdoor Advertising Media 2019 award. The team in XGD Media will continue to search for a variety of advertising opportunities in the future, whether it is traditional large outdoor advertising spaces, digital billboards, or even the exterior walls of buildings with oil painting. In addition to continuing to expand the local advertising segment, the team also plans to expand its business to Southeast Asia, so that advertisers’ messages can be promoted outside Hong Kong to reach different audiences.

Yuexiu transport infrastructure presences in the Guangdong-Hong Kong-Macau Greater Bay Area and to advance in Central China
Yuexiu transport infrastructure limited (YXTI) is very honored to receive the award Outstanding Investment and Development of Infrastructure again. In the past year, YXTI has made steady progress in performance and its overall management situation is stable. We actively implemented the development strategy of “Presence in the Guangdong-Hong Kong-Macau Greater Bay Area and to advance in Central China”, successfully acquired three expressways in Hubei Province, and once again achieved leapfrog development. What’s more, the effectiveness of multi-channel financing is significant, further ensuring the sufficient capital demand and the liquidity safety of the company. Facing the complicated external conditions and the increasing downward pressure on the domestic economy in the future. Yuexiu Transport has a strong well on developments and confirming the opportunity. We actively pursue the modern investment model as the combination of asset-light and heavy-asset. Further, We aimed on constantly strengthening the management efficiency, targeting the accurate marketing, reducing the cost, and improving the efficiency in order to drive better profits for the stakeholders.

Grand ceremony supported by elites and medias
In addition to a strong lineup of guests, the award presentation ceremony attracted numerous media and sponsors both in Hong Kong and China.Media partners include Hong Kong Cable TV, Metro Daily, The Standard, p5w, Caiguu, FX678 and OTCBeta.

Supporting company and sponsors include R ONE Space, Adrien Gagnon, EyeCare HK, HKTaxi App Limited, IMPACT MINTS, Ingrid Millet, One Health International Limited, RS Lifestyle, etc.

Quamnet Outstanding Enterprise Awards 2019 (Alphabetical Listing by Award Name)
Categories / Awarded Company
1. Outstanding China Real Estate Enterprise 2019 / Agile Group Holdings Limited
2. Outstanding Consultancy Of Immigration and Foreign Investment 2019 / Aura Global Limited
3. Outstanding Bond Connect Custody Services Institution 2019 / Bank of Communications Trustee Limited
4. Outstanding E-Business Service 2019 / China CITIC Bank International Limited
5. Outstanding Private Banking Service 2019 / China CITIC Bank International Private Banking
6. Outstanding MPF Scheme 2019 / China Life Trustees Limited
7. Outstanding Financial Services 2019 / China Minsheng Financial Holding Corporation Limited
8. Outstanding ICT Solution Provider 2019 / CITIC Telecom International CPC Limited
9. Outstanding Enterprise Transaction Banking Services 2019 / Dah Sing Bank, Limited
10. Outstanding Insurance Company (General Insurance) 2019 / Dah Sing Insurance Company (1976) Limited
11. Outstanding Comprehensive Investment Group 2019 / Kaisa Group Holdings Ltd.
12. Outstanding Global 3PL 2019 / Kerry Logistics Network Limited
13. Outstanding Asia Pacific e-commerce Logistics Services Provider 2019 / LF Logistics (Hong Kong) Limited
14. Outstanding Institution Business Development 2019 / Nanyang Commercial Bank, Limited
15. Outstanding Smart Building Technology 2019 / Negawatt Utility Limited
16. Outstanding Grand Land Developer 2019 / Redsun Properties Group Limited
17. Outstanding Digital Outdoor Advertising Media 2019 / XGD Media Limited
18. Outstanding Investment and Development of Infrastructure 2019 / Yuexiu Transport Infrastructure Limited

Website of Quamnet Outstanding Enterprise Awards 2019:
www.event.quamnet.com/QOEA2019/

“Quamnet Outstanding Enterprise Awards 2019” Photos
For more photos, please visit Quamnet Outstanding Enterprise Awards website:
www.event.quamnet.com/QOEA2019/

For enquiry, please contact:
China Tonghai Financial Media Limited
Events and Media:
Ms. Maggie Lung Tel: (852) 2217 2909 E-mail: maggie.lung@tonghaifinancial.com
Ms. Stella Yuen Tel: (852) 2217 2908 E-mail: stella.yuen@tonghaifinancial.com
Mr. George Wong Tel: (852) 2217 2987 E-mail: george.wong@tonghaifinancial.com

China Agri (606.HK) Announces the Profit Attributable to Owners of the Company for 2019 Expected to Decline 8% to 11% YoY

On January 14 th 2020, China Agri-Industries Holdings Ltd. (“China Agri”) released the estimated annual results for 2019, expecting the profit attributable to owners of the company to range from HK$1,200 million to HK$1,240 million, which represents a 8% to 11% decline compared to the HK$1,346 million for the year ended 31 December 2018. Regarding the reasons behind, China Agri mentions that “In 2019, changes in trade policies of certain major global economies made it more challenging for the Group to make business decisions. The breeding industry witnessed falling hog stocks mainly due to the impact of African swine fever, resulting in a weaker demand for soybean meal and other materials for animal breeding. Even though the prices of vegetable oils and oilseed meal rebounded from low points in the second half of 2019, the average profit margin for the year in terms of domestic oilseeds processing industry narrowed compared to that in 2018”. On November 28 th 2019, China Agri announced COFCO (Hong Kong) Limited proposed to privatise China Agri in light of its long-term stock underperformance, low liquidity and the associated inability to access any meaningful financing through the stock market. The declined estimated annual results for 2019 provides a new source of reference for the market as it is the company’s first performance report after the privatisation announcement.

Affected by uncertainties of the industry and shifting regulatory policy environment since its IPO, China Agri has demonstrated significant fluctuations in terms of overall performance and earnings. Disclosed financial info indicates that the profit attributable to owners of the company for the first half of 2019 was approximately HK$449 million, down 40% compared to first half of 2018 as expected by market. The newly issued estimated 2019 annual results shows the downward trend continues.

A further analysis based on public information reveals that the company acquired four oil crushing plants and the Guangdong Terminal during 2018 Q4, which were financially consolidated in November and December 2018 respectively. Meanwhile, in 2018, China Agri recorded some serious one-time asset impairment, without which the company’s actual profit attributable to owners of the company would for sure exceed HK$1.346 billion. Taking the above factors into consideration, the company’s actual performance decline during 2019 can be far worse than the 8% to 11% that the announcement suggests on paper.

Apart from the abovementioned estimated annual results for 2019, currently the market is generally of the opinion that factors such as changes to the situation of US-China Trade War and the progress of managing the African Swine fever may have significant effects on China Agri’s future business performance. On December 13th 2019, the trade negotiating teams from China and the US announced both parties had reached preliminary consensus on the text of the China-US phase I trade agreement and agreed that China would increase its purchase of agricultural products from the US. Some believe it to be a signal of improvement in China-US relations and that the prices of raw material imports such as soya beans will fall. Others, on the other hand, holds that the phase I agreement is only a framework without any specific binding obligations for the soya bean purchase. With the phase II agreement expected to be completed around the end of 2020, great amount of uncertainties still exist regarding future import of soya beans from the US. In fact, factors such as the US presidential election six months later and the US-Iran tensions will continue to complicate the further outlook of US-China trade relations.

The seemingly improving African swine fever situation is still a challenge ahead, particularly in China as the disease has affected a relatively large area and is expected to re-surface sporadically. Recently cases were found in northeast China and southwest Yunnan province. This is the first time in history China has to confront African swine fever, whose devastating effects had already led to large reduction in the hog stocks in China. It is widely believed that full recovery is beyond a mere one or two-year timeframe.

With the newly announced decline of 2019 results confirming again the challenges already exist and additional uncertainites and fluctuations due to the above factors for the both the industry as a whole and China Agri into the next two to three years, it is certainly not looking promising for the company going forward.

We have noticed that since the privatisation proposal announcement, China Agri’s stock price has been stabilized between HK$4.13 and HK$4.15 per share, which is extremely close to the cancellation price of HK$4.25 per share, representing a discount less than 3%. The market seems to be rather confident in the take-private proposal being approved.

The Roads & Traffic Expo Thailand 2020 Keynote Speakers Announced

THAILAND, Jan 16, 2020 – (ACN Newswire) – With just four weeks away from The Roads & Traffic Expo Thailand 2020, which will be held on 12-13 February 2020 at BITEC, Bangkok, the keynote speakers are now announced.

Keynote speakers from the Ministry of Transport, Department of Highways, Digital Economy Promotion Agency (DEPA), Department of Rural Roads, Royal Thai Police, Thailand Board of Investment and ITS Finland will be presenting on Thailand’s latest road transportation and infrastructure developments.

View full list of speakers: https://bit.ly/2u0WrCe

Get your free pass now: https://bit.ly/2NuJGXM

34th Qinhuai Lantern Festival invites Global Netizens for Online Lighting Ceremony

The Qinhuai Lantern Festival invites the world to experience Chinese lantern culture. The lighting ceremony is the most ceremonial part of the festival, and also the most anticipated party of the year before.


The Qinhuai Lantern Festival, known for its folksy, colorful lanterns, comes alive in a lighting ceremony at the Confucius Temple in Nanjing, Eastern China on January 17. The official lighting ceremony, for locals and visitors lucky enough to participate, will launch an online ‘lighting assistant’ for netizens to join the activities in Nanjing.

Nine Exhibition Areas reveal the Histories of Qinhuai and Nanjing

As the largest lantern festival in China, the Qinhuai Lantern Festival runs from January 17 to February 11 on the banks of the Qinhuai River in Nanjing, featuring nine exhibition areas with histories of Qinhuai and Nanjing, and traditional lantern show each night at the Lantern Paviliion, Confucius Temple. With Nanjing folk arts and shows adding to the highlights of the festival, the celebrations will extend from February 12 until March 31.

An international motif joins the folk culture as a major feature in this year’s Qinhuai Lantern Festival. Well-known Chinese media 36Kr notes that ambassadors and VIPs of 10 countries, visitors and students from abroad will participate in the lighting ceremony on January 17.

Qinhuai Lantern Festival invites the World to experience Chinese Lantern Culture

Overseas artists and light sculptors are invited to this year’s festival, to enhance the spectacle for citizens and visitors alike. Holland’s Eindhoven GLOW, New Taipei City’s TAIWAN!, Shanghai Yu Garden, the Xi’an City Wall and Yancheng Dafeng are participating, and Bailuzhou Park is hosting an entire show by Dutch light painters.

The Lantern Festival brand itself is becoming an international affair, far beyond Qinhuai in some 40 countries and regions worldwide including the United Kingdom, Germany, the United States and Canada for display and sale. Through Qinhuai lanterns, tourists can sense and touch traditional Chinese culture.

An Innovative HTML5 page inspires Interaction with Global Friends

This year’s Lantern Festival is full of technology, creativity and vitality for those lucky enough to join the celebration as well as virtual travelers invited to participate through the interactive online lighting activity.

A website for the Qinhuai Lantern Festival will present HTML5 scenes of Confucius Temple, Zhonghua Gate, Bailuzhou Park and East Zhonghua Gate, as well as data from the Lantern Festival. HTML5 imagery of the lighting ceremony will accurately render participants, and area lighting will be displayed intuitively.

There will be a live broadcast from Qinhuai Lantern Festival televising the lighting ceremony. This will facilitate the participation and interaction of netizens overseas, providing them a sense of culture and tradition, as well as a sense of science and technology from the Qinhuai Lantern Festival.

Lighting Qinhuai Lanterns and a 2020 Prayer for a Better Life

At Bailuzhou Park, festivalgoers will have the opportunity of lighting Qinhuai lanterns of various shapes and sizes, while there will also be an interactive online Qinhuai lantern lighting for global netizens. Afterwards, netizens will be able to randomly generate a 2020 good life prayer poster, or a blessing lantern for their friends.

To participate online, visit:
https://wx.yojoyworld.com/wxsignup/h5/lightShow/index.html

Qinhuai Lantern Festival, lighting ceremony:
January 17, 2020, Live broadcast from 18:00

About Qinhuai Lantern Festival
The Qinhuai Lantern Festival has a history of more than 1,700 years. It has been called “the home of Chinese folk lantern art” and “the home of Chinese folk culture and art” by the Ministry of Culture and Tourism. In the past 33 sessions, the Lantern Festival has attracted more than 120 million tourists.

Media Contact:
Qinhuai Office of Culture & Tourism
Nanjing, Jiangsu Province, China
Contact: Lin Yang
Email: yanglin@36kr.com
Website: www.36kr.com

Global Grasshopper VUELIO’s Best UK Travel and Leisure Blog 2019

Global Grasshopper, ‘For the Road Less Travelled’, is honoured to be named the Best UK Travel and Leisure Blog in VUELIO’s ONLINE INFLUENCE AWARDS 2019 ( https://www.vuelio.com/uk/online-influence-awards/ ). The ONLINE INFLUENCE AWARDS, evolved from the Vuelio Blog Awards, celebrate talent from across the world of influencer marketing, recognizing the biggest names in blogging, vlogging, podcasting, Instagramming and all other social communications.

GlobalGrasshopper.com is an award winning blog and resource for independent travellers. We believe that travel is a way to take our lives to an entirely new level, by gaining new knowledge and experiencing new worlds. Global Grasshopper is the best blog site you can read for its rich, varied and reliable content. Global Grasshopper invites you to share in travel experiences and find with us beautiful places around the world, the coolest hotels to enhance your travel experiences, and boutique tours to the most sought after locations in Europe.

At Global Grasshopper, you’ll be joined by a team of self-confessed travel snobs who have embarked on a journey to unravel the secrets of the world’s most unique, under-the-radar and beautiful places. Our travel destinations will make your travel experiences more memorable and lovely. Global Grasshopper chooses these select, beautiful places for the exposure, pleasure, and knowledge of meeting new people from different parts of the world. Establishing new connections in the process of visiting the world’s historical places, one always has the ability to add something new to the agenda.

Our boutique tours are majestic social experiences, helping to overcome differences between people and cultures and revealing the wondrous acts of humanity and beauty of nature. Now, Global Grasshopper has teamed up with boutique tour company BornWild to offer “The Magic Of France”, a voyage exploring the most beautiful villages, beaches and hidden treasures of Provence and the Cote d’Azur: yachting with the international jet-set on the Cote d’Azur, floating over Provence with our incredible hot air balloon experience, wine tasting in traditional Provencal vineyards, experiencing the glitz and glamour of Monte Carlo, enjoying a classic Provencal road trip.

We’re pulling out all the stops to make this one of the most unique and Instagrammable tours on the market. Whether you are a backpacker, a flashpacker or just prefer to holiday away from the crowds, follow along for uplifting photography, guides & stories from our many collective journeys and inspiration for the road less travelled. We invite you to join us and see why VUELIO has recognized us as the Best UK Travel and Leisure Blog!

Email: becky@globalgrasshopper.com
Facebook: https://www.facebook.com/globalgrasshopr
Twitter: https://twitter.com/globalgrasshopr
Instagram: https://www.pinterest.co.uk/globalgrasshopr
Website: https://globalgrasshopper.com

SinoMab Granted the “Most Popular Newly Listed Company” Award

SinoMab BioScience Limited (“SinoMab” or the “Company”, together with its subsidiaries, the “Group”; stock code: 3681.HK), a Hong Kong-based biopharmaceutical company dedicated to the research, development, manufacturing and commercialization of therapeutics for the treatment of immunological diseases, is pleased to announce that the Group has won the title of the “Most Popular Newly Listed Company” at the 4th Hong Kong Golden Stocks Awards held in Shenzhen.

SinoMab BioScience Limited (“SinoMab” or the “Company”, together with its subsidiaries, the “Group”; stock code: 3681.HK), a Hong Kong-based biopharmaceutical company dedicated to the research, development, manufacturing and commercialization of therapeutics for the treatment of immunological diseases, is pleased to announce that the Group has won the title of the “Most Popular Newly Listed Company” at the 4th Hong Kong Golden Stocks Awards held in Shenzhen.

The 4th Hong Kong Golden Stocks Awards was jointly organized by Zhitongcaijing.com, China’s leading information platform focusing on Hong Kong and US stock markets, and 10jka.com.cn. The “Most Popular Newly Listed Company” award aims at recognizing companies had been listed on Hong Kong Stock Exchange since 1 January 2019 with significant recognition from the industry, high participation of investors and excellent performance in capital markets. Being awarded the “Most Popular Newly Listed Company” demonstrates the industry and investors’ close attention towards biotech industry and is a great encouragement and motivation for SinoMab’s future success. SinoMab, as the first Hong Kong-listed local biopharmaceutical company, possesses several first-in-target and first-in-class drug candidates. As the drug candidate coming the closest to commercialization, the Company’s flagship product SM03 is currently in Phase III clinical trial for RA in China and is expected to be marketed in 2021 the soonest. According to the latest statistics, approximately 300 patients have taken the treatment trial. Meanwhile, the Company has proactively carried out long-term development plan. Its Suzhou production base is expected to be put into operation by the end of 2021 to satisfy the commercialized production requirements of drug candidates in the future.

After three months of strict screening, the 4th Hong Kong Golden Stocks Awards attracted over 860 Hong Kong-listed companies to participate, covering emerging industries such as TMT and healthcare. The award is a recognition of SinoMab’s R&D strengths, business model and industry influence from the market and investors and will help improving the Company’s reputation in the capital market.

About SinoMab BioScience Limited
SinoMab BioScience Limited (“SinoMab” or the “Company”, stock code: 3681.HK) is dedicated to the research, development, manufacturing and commercialization of therapeutics for the treatment of immunological diseases. The Company’s flagship product SM03 is a potential global first-in-target mAb against CD22 for the treatment of rheumatoid arthritis and is currently in Phase III clinical trial for rheumatoid arthritis in China, which has been recognized as one of the significant special projects of Significant New Drugs Development of the Twelfth Five-Year Plan Period and the Thirteenth Five-Year Plan Period. In addition, the Company possesses other potential first-in-target and first-in-class drug candidates, some of which are already in clinical stage, with their indications covering rheumatoid arthritis, systemic lupus erythematosus, non-Hodgkin’s lymphoma, asthma, and other diseases with major unmet clinical needs.

IVD Medical wins “Most Valuable Medical and Pharmaceutical Stocks Company” and “Most Popular New IPO Company” titles at “Hong Kong Golden Stock Awards”

Mr. Leung King Sun, Executive Director & COO of IVD Medical, representing the Group to received two awards of “Most Valuable Medical and Pharmaceutical Stocks Company” and “Most Popular New IPO Company” at the 4th Annual Awards Ceremony of Hong Kong Golden Stock.

IVD Medical Holding Limited (“IVD Medical” or the “Group”), a leading distributor of In Vitro Diagnostic (“IVD”) products in the PRC, has won the “Most Valuable Medical and Pharmaceutical Stocks Company” and “Most Popular New IPO Company” titles at the 2019 “Fourth Hong Kong Golden Stocks Awards”, speaking again to the investor recognition the Group enjoys after it made constituent of the MSCI China All Shares Small Cap Index in November 2019, fully reflecting the wide recognition of the investment community for the Group.

The “Hong Kong Golden Stocks Awards” is jointly organized by two leading Hong Kong and US stock information platforms in Mainland China, namely Zhitongcaijing.com and 10jqka.com, to commend and honor Hong Kong-listed companies that have made significant contribution in various realms. In its fourth year, the Awards boasts in all over 100 million web views, reaching more than 60 million users, making it the largest and most professional grading event in the world for Hong Kong and US listed companies. It is also the “weathervane” for investors looking to invest in Hong Kong and US stocks of the best value and with the most growth potential in the year.

The “Most Valuable Medical and Pharmaceutical Stocks Company” award recognizes Hong Kong-listed medical and pharmaceutical companies with a healthy corporate governance structure, supreme industry position and well-doing core businesses, capable of offering investors sustainable and stable returns. As for the “Most Popular New IPO Company” award, it is presented to new listings in Hong Kong in 2019, which IPO exercise received exceptional market response and maintained popularity as a stock in the market, and showing strong development potential.

Since listed, with a diverse and competitive product portfolio, an extensive distribution network and wide hospital coverage, the Group has been able to seize development opportunities in the fast growing industry to steadily increase market share and profits. The Group delivered outstanding interim results in 2019 recording significant revenue and profit growth. The IVD market is expected to keep growing alongside the fast aging population, increase in per capita medical expense and technological advancement in recent years, which will translate into yet brighter prospects for the Group.

About IVD Medical Holding Limited
IVD Medical Holding Limited (“IVD Medical” or the “Group”) is a leading distributor of IVD products in the PRC. Its key subsidiaries include Vastec Medical Limited, Dacheng Medical Equipments (Shanghai) Co., Ltd., IVD China Limited and Suzhou DiagVita Biotechnology Co., Ltd. The Group’s distribution network covers 29 provinces, municipalities and autonomous regions across the PRC. It is the sole national distributor of Sysmex’ haemostasis products in the PRC and provides maintenance services to its end customers. It also engages in the R&D, manufacturing and sales of self-branded IVD analysers and reagents and provides solution services to clinical laboratories of hospitals for centralised procurement.

Media Enquiries:
Strategic Financial Relations Limited
Heidi So Tel: (852) 2864 4826 Email: heidi.so@sprg.com.hk
Elaine Wang Tel: (852) 2114 2821 Email: elaine.wang@sprg.com.hk
Yan Li Tel: (852) 2114 4320 Email: yan.li@sprg.com.hk
Fax: (852) 2527 1196

NetDragon’s Huayu and National Center for Educational Technology Collaborate on Virtual Experiment Teaching

NetDragon Websoft Holdings Limited (“NetDragon” or “the Company”, Hong Kong Stock Code: 777), a global leader in building internet communities, is pleased to announce that Huayu, NetDragon’s education subsidiary, and National Center for Educational Technology (“NCET”) signed a cooperation agreement to jointly bolster the development and promotion of virtual experiment teaching system in primary and secondary schools. According to the agreement, with the support of the National Public Service Platform for Educational Resources, the two sides will integrate their respective advantages and build a “Virtual Experiment Teaching Service System”, in order to improve the quality of experiment teaching and laboratory construction of certain related subjects in primary and secondary schools.

Huayu and NCET will conduct collaborative research and development around experimental resources, software and service systems in this cooperation. The first is the development of a virtual experiment teaching database for primary and secondary schools, which will comprehensively cover supporting experiments including physics, chemistry, biology of junior and senior high schools and science disciplines of primary schools, including experimental videos, 3D interactive courseware, VR simulation interactive courseware, 3D/VR simulation testing and other forms of experiment teaching resources. The second is the development of a virtual experiment teaching software system for primary and secondary schools, including basic and optional software such as experiment teaching systems and experiment testing systems. The third is the development of a supporting service system for virtual experiment teaching for primary and secondary schools, with functions including backstage management, integrated user management, resource management and data analysis. The system will be introduced progressively, based on the development progress of experimental resources. The system will first select some qualified primary and secondary schools for trial, and after successful trial, this system will then be rolled out to primary and secondary schools all over the country.

In recent years, the construction of the virtual laboratory teaching system has received great attention from education departments and schools. In November 2019, the Ministry of Education issued the “Opinion on Strengthening and Improving Experiment Teaching in Primary and Secondary Schools”, which requires junior high schools to include experiment operations in the academic examinations by 2023. Qualified provinces with sufficient resources can include physics and chemistry experiment operations in senior high school academic exams. The opinion also emphasizes innovative experiment teaching methods. For experiments with results that are difficult to observe or control, and dangerous or destructive experiments, they can be presented with the support of AR and VR technologies. The release of this opinion shows that AR and VR technologies are officially adopted in the field of experiment teaching.

Leveraging on its internet DNA and innovative mindset, NetDragon has taken lead in deploying “VR + Education”, and has applied VR technologies to the field of education and become a pioneer in the VR industry. Meanwhile, NetDragon also builds core educational technologies through self-development, investment, mergers and acquisitions, as well as integrating high quality global education resources through cooperation with world-renowned educational institutions, publishers and top-notch universities. The Company hopes to integrate its strengths to improve the level of experiment teaching in primary and secondary schools with modern information technology, in response to the country’s policies and initiatives. At present, NetDragon’s education business footprint extensively covers over 2 million classrooms in more than 190 countries and regions, benefiting over 100 million users.

About NetDragon Websoft Holdings Limited
NetDragon Websoft Holdings Limited (HKSE: 0777) is a global leader in building internet communities with a long track record of developing and scaling multiple internet and mobile platforms that impact hundreds of millions of users. These include China’s number one online gaming portal, 17173.com, and China’s most influential smartphone app store platform, 91 Wireless, which was sold to Baidu for US$1.9 billion in 2013 as the largest Internet M&A transaction in China.

Established in 1999, NetDragon is one of the most reputable and well-known online game developers in China with a history of successful game titles including Eudemons Online, Heroes Evolved and Conquer Online. In recent years, NetDragon has also started to scale its online education business on the back of management’s vision to create the largest global online learning community, and to bring the “classroom of the future” to every school around the world. For more information, please visit www.netdragon.com.

About National Center for Educational Technology (NCET)
NCET operates directly under the Ministry of Education and focuses on basic education and vocational education. Its main responsibilities include development of multi-media teaching materials, establishment of research, communication and service work on those materials, and the development and construction of educational and teaching resources. Furthermore, NCET trains personnel in modern distance-education engineering projects in primary and secondary schools, organises R&D and experiments of education technologies in schools, information technology education theory and application, development, transformation and promotion of related research results, and the development of various educational technology training work etc. It provides an important foundation to the construction of basic education informatisation.

For investor enquiries, please contact:
NetDragon Websoft Holdings Limited
Ms. Maggie Zhou
Senior Director of Investor Relations
Tel.: +852 2850 7266 / +86 591 8390 2825
Email: maggie@nd.com.cn
Website: ir.netdragon.com