Wednesday, 12 August 2026 Stay informed. No noise.

Best Mart 360 Announces 2025 Annual Results

Recorded Continuous Growth in Revenue, Proposed a final dividend of HK9.0 cents per share

Highlights:

  • Revenue increased by 2.2% to approximately HK$2,867.7 million.
  • Gross profit increased by 0.7% to approximately HK$1,035.1 million.
  • Profit attributable to owners of the Company recorded approximately HK$219.7 million.
  • As at 31 December 2025, the Group operated a total of 183 chain retail stores (2024: 176), including 178 retail stores in Hong Kong and 5 retail stores in Macau.
  • Basic earnings per share was approximately HK22.0 cents. The Board recommended the payment of final dividend of HK9.0 cents per share.

Financial Highlights:

HK$’000

Year ended

31 Dec 2025

Year ended

31 Dec 2024

(Restated)

Change
Revenue 2,867,695 2,805,146 +2.2%
Gross profit 1,035,074 1,027,997 +0.7%
Gross profit margin 36.1% 36.6% -0.5 p.p.
Profit attributable to owners of

the Company

219,730

245,901

-10.6%

HONG KONG SAR – Media OutReach Newswire – 27 March 2026 – Best Mart 360 Holdings Limited (“Best Mart 360” or the “Company”, together with its subsidiaries, the “Group”; stock code: 2360.HK), a leisure food retailer in Hong Kong, announced its results for the year ended 31 December 2025. During the year, the revenue recorded by the Group amounted to approximately HK$2,867,695,000 (2024: HK$2,805,146,000), representing an increase of approximately 2.2%.

During the Financial Year under Review, gross profit was approximately HK$1,035,074,000 (2024: HK$1,027,997,000), representing an increase of 0.7%. The Group’s gross profit margin for the year was approximately 36.1%, compared to approximately 36.6% in 2024. This contraction in margin was primarily attributable to the strategic implementation of enhanced promotional campaigns designed to navigate the ongoing trend of consumption downgrading and intensified market competition.

Profit attributable to owners of the Company for the year was approximately HK$219,730,000 (2024 (Restated): approximately HK$245,901,000), primarily due to a slight reduction in average revenue per store and a contraction in gross profit margin, which collectively impacted overall profitability. The net profit margin (before interest and tax) moderated to approximately 9.8%, down from approximately 11.2% for the year ended 31 December 2024 (Restated).

For the Financial Year under Review, basic earnings per share was approximately HK22.0 cents. The Board recommended the payment of final dividend of HK9.0 cents per share.

BUSINESS REVIEW
Strategy Adjustment & Opened 10New Retail Stores
As at 31 December 2025, the Group operated a total of 183 chain retail stores, including 178 chain retail stores (31 December 2024: 170 stores) in Hong Kong and 5 chain retail stores (31 December 2024: 6 stores) in Macau respectively. During the Financial Year under Review, the Group opened 10 new retail stores and closed 3 stores upon expiration of their respective lease terms in alignment with the Group’s strategy adjustment.

The ratio of rental expense (cash basis) to sales revenue of retail stores for the year ended 31 December 2025 was approximately 9.6%, which was similar to that of approximately 9.6% for the year ended 31 December 2024.

Introduced Popular Brands & Launched on Grocery Delivery Platform
Hong Kong residents’ growing propensity to spend in Mainland China, coupled with inbound visitors’ preference for in-depth experiences, more rational and prudent consumption patterns, as well as the intensified competition in the local market from Mainland China e-commerce players leveraging economies of scale, the Hong Kong retail market is undergoing a structural long-term transformation, with the industry’s competitive landscape and consumption behaviour being reshaped.

In response to the challenging business environment, the Group adopted a series of timely and targeted measures to navigate these difficulties. These included optimizing product mix and strengthening the offering of basic foodstuffs covering cereals, noodles, canned food, milk, chilled and frozen food, daily necessities as well as basic groceries. The Group also introduced popular Mainland brands as well as imported a wide range of specialty food from around the world to meet the needs and expectations of local consumers and visiting tourists. To further strengthen its business, the Group launched on the Foodpanda grocery delivery platform during 2025 to expand its online sales channels, and rolled out a variety of promotional initiatives including shopping vouchers. These initiatives collectively contributed to the Group’s sales growth during the Financial Year under Review.

The Group procured quality products from overseas suppliers as well as brand owners or importers in Hong Kong. For the year ended 31 December 2025, the Group offered a total of approximately 3,425 stock keeping units (“SKU”) of products (for the year ended 31 December 2024: approximately 3,653 SKU) from suppliers principally from (but not limited to) Japan, Mainland China, Europe, Vietnam, Korea, the United States and other Asia-Pacific countries.

The Group sourced the most popular and trendy food products from various regions, striving to provide customers with diverse, multi-brand, and multi-category global product choices.

As at 31 December 2025, the total amount of inventories of the Group amounted to approximately HK$316,841,000 (31 December 2024: approximately HK$339,513,000), representing a decrease of approximately 6.7% year-on-year. The decrease in the Group’s total inventories was mainly attributable to optimised inventory management and the timing shift of the Lunar New Year holiday from January to February.

During the Financial Year under Review, the Group continued to actively develop private label products that on one hand allowed the Group to capture pricing advantages and exercise a higher level of quality control over its products and on the other hand further uplift its brand awareness and strengthen customers’ loyalty. For the Financial Year under Review, sales derived from private label products were approximately HK$520,821,000 (for the year ended 31 December 2024: approximately HK$477,222,000), accounted for approximately 18.2% of the Group’s revenue for the Financial Year under Review (for the year ended 31 December 2024: approximately 17.0%).

Expanded Customer Base & Enhanced Loyalty
To further deepen customer stickiness and broaden customers coverage, the Group used big data analysis and reformulated its marketing strategy to launch a new three-tier membership scheme and a second-generation mobile app in mid-June 2020. The new membership scheme helps to elevate brand positioning and market recognition, and the membership rewards have been fully optimised and enhanced, with more member benefits such as stamp reward for multiple-item purchase, special offers for selected products and access to the latest market information. During the Financial Year under Review, the number of the Group’s members increased from approximately 2,280,418 as at 31 December 2024 to approximately 2,395,862 as at 31 December 2025, representing an increase of approximately 5.1%.

The Group launched various marketing and promotional activities during the Financial Year under Review including the “Best Price” promotional campaign, which provided customers with a series of special offers for selected quality products from time to time to enhance customer loyalty. Meanwhile, the Group continued to advertise through television, newspapers, social media platforms and other media, which successfully attracted new customers encouraged repeat purchases and significantly enhanced market awareness of the Group.

PROSPECTS
Looking ahead, uncertainties in Sino-US relations, geopolitical risks and other factors will introduce further variables to economic recovery, and economic growth in Hong Kong and globally is expected to remain under pressure. The Board anticipates that the retail sector in Hong Kong will remain challenging in the near term. Nevertheless, the Group will continue to operate in a cautiously optimistic manner, closely monitor the development of various adverse factors that may impact the Group’s performance, and timely implement necessary and appropriate measures through refined operations and management to adapt to the ever-changing market environment.

The Group will continue to prioritize the Hong Kong market as its core focus, optimize its product mix and enhance the development of its private label products, with a wider range of staple foods and necessities to better meet consumer demand and enhance the Group’s competitiveness in the retail market.

To maintain sound operational efficiency, the Group will timely review the regional distribution of its brand stores, implement a moderate expansion policy and flexible leasing strategies, and actively pursue suitable opportunities to expand the retail network for its core retail brand “Best Mart 360º” and global gourmet brand “FoodVille” in Hong Kong and Macau, targeting a net increase of 10 retail stores annually under its dual-brand model, catering to the diverse needs of different customer segments for quality food products.

Mr. Hui Chi Kwan, Chief Executive Officer of the Group, said, “Faced with an increasingly complex operating environment, the Group will maintain a prudent and pragmatic approach in its operations and continue to work closely with its employees, customers and other stakeholders, striving to improve business performance and deliver stable returns to shareholders.”

Hashtag: #BestMart360 #優品360 #AnnualResults #業績 #全年業績

The issuer is solely responsible for the content of this announcement.

Best Mart 360 Holdings Limited

Best Mart 360 Holdings Limited operates chain retail stores under the brand “Best Mart 360˚”, offering wide selection of imported and pre-packaged leisure foods and other grocery products principally from overseas. It is the Group’s business objective to offer “Best Quality” and “Best Price” products to customers through continuous efforts on global procurement with a mission to provide comfortable shopping environment and pleasurable shopping experience to customers. As at 31 December 2025, the Group operated a total of 183 chain retail stores, spanning all of the 18 districts in Hong Kong and strategic locations with heavy pedestrian flow in Macau. Among the chain retail stores, the global gourmet brand “FoodVille” launched in September 2021 is also included, targeting the medium-to-high-end-market.

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香港國際機場 復活節購物賞

多重獎賞: 2X 獎賞積分及Mastercard 簽賬賞高達 HK$1,000 回贈

香港 – Media OutReach Newswire – 2026年3月27日 – HKairport Rewards 呈獻復活節繽紛購物禮遇,包括 2 倍積分、高達 HK$1,000 Mastercard 機場現金券及尊尚腕錶HK$6,000購物賞優惠,為旅客的復活節旅程增添驚喜與歡樂。

Easter Campaign KV.jpg

復活節購物賞登場 立即解鎖機場彩蛋優惠

臨近復活節假期,HKairport Rewards 為會員呈獻多重限定購物禮遇,讓旅客於出發前在機場輕鬆選購各式精品及香港特色手信:

1. 享2X 積分,回贈高達 8%
由 3 月 27 日起至 4 月 12 日期間,旅客於機場店舖或 HKairportShop.com 機場網上商店消費,均可享 2 倍獎賞積分,回贈高達 8%。

每消費港幣 $1 可獲 2 獎賞積分;每 50 積分即可兌換 1 HKIA Dollar,可當作港幣 $1 使用。HKIA Dollar 可於機場超過 100 間參與商戶及餐廳使用,讓旅客盡享購物及餐飲禮遇。

2. Mastercard簽賬獎賞高達港幣$1, 000回贈
於 3 月 20 日至 4 月 12 日推廣期內,旅客於機場店舖或HKairportShop.com機場網上商店以 Mastercard單一消費滿指定金額,即可獲贈 Mastercard 機場電子現金消費券,解鎖多重購物獎賞。

Mastercard 單次消費 Mastercard機場電子現金券
港幣$3,000 – $9,999 港幣$100
港幣$10,000 – $19,999 港幣$400
港幣$20,000 或以上 港幣$1,000

每名會員於推廣期內可兌換各消費級別之Mastercard機場電子現金券一次。

3. 尊尚腕錶$6,000購物優惠
另外,HKairport Rewards 會員由3月12日至 4 月 12 日期間,於機場選購腕錶或相關配件,單一消費滿港幣 50,000 元,即可享立減港幣 6,000 元,相當於12% 折扣,同時可享2X 積分及Mastercard簽賬獎賞!會員只需於「My HKG」流動應用程式內輸入獎賞代碼「WATCH」,即可領取港幣 6,000 元電子現金券。參與推廣的 9 間國際知名品牌包括:Bulgari、Cartier、Chaumet、IWC SCHAFFHAUSEN、Jaeger-LeCoultre、Montblanc、Panerai、Piaget及Tiffany & Co.。

HKIA_Lux Watches Campaign_KV_0310.jpeg

每名會員於推廣期內僅限兌換港幣 6,000 元電子現金券一次。

按此了解更多優惠詳情。

香港國際機場網上商店春季漫遊賞 優惠低至5

eShop Banner_TC.jpg

春日翩然而至,HKairportShop.com 機場網上商店提供:從清新色彩的行李箱,氣味迷人的春日香水、或在初春出遊期間享用的美酒佳釀,部分產品低至5折優惠,準備好讓您的每段旅程都稱心滿意。由即日起至2026年3月31日, 凡於 HKairportShop.com 單一消費淨額滿港幣3,000元,即可獲贈新秀麗旅行卡槽斜揹袋乙個(價值港幣380元),讓隨身物品輕鬆收納!

eShop Product_TC.jpg

按此了解更多香港國際機場網上商店最新優惠。

Hashtag: #香港国际机场

The issuer is solely responsible for the content of this announcement.

28857

Weiqiao Pioneering Group Adds Sixth National “Green Factory”

BINZHOU, CHINA – Media OutReach Newswire – 27 March 2026 – On March 18, Hongzheng New Materials Technology Co., Ltd. (“Hongzheng New Materials”), based in Zouping, Shandong Province, was designated as a national-level “Green Factory” in the 2025 Green Factory List released by China’s Ministry of Industry and Information Technology. Recognized for its comprehensive green manufacturing system and remarkable achievements in low-carbon transition, Hongzheng New Materials becomes the sixth subsidiary under Weiqiao Pioneering Group to receive this prestigious accreditation.

Hongzheng New Materials Technology Co., Ltd. was designated as a national-level "Green Factory" in the 2025 Green Factory List released by China's Ministry of Industry and Information Technology.
Hongzheng New Materials Technology Co., Ltd. was designated as a national-level “Green Factory” in the 2025 Green Factory List released by China’s Ministry of Industry and Information Technology.

The national-level “Green Factory” program, led by the Ministry of Industry and Information Technology, is a cornerstone of China’s green manufacturing system. It aims to honor enterprises that lead in efficient land use, non-toxic raw materials, clean production, waste recycling, and low-carbon energy utilization.

Hongzheng New Materials stated that it will further advance the research and application of green and low-carbon technologies to promote the upgrade of aluminum-based materials toward lightweight and high-value-added products, thereby injecting new momentum into the industry’s transition toward greener and more intelligent development.

Hashtag: #BinzhouInformationOffice

The issuer is solely responsible for the content of this announcement.

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越秀交通業績穩健增長,末期息13港仙

香港 – Media OutReach Newswire – 2026年3月27日 – 受惠於新收購的河南平臨高速的新貢獻和財務表現改善,越秀交通(1052) 2025年收入按年上升12.0%至43.3億元(人民幣,同下),股東應佔盈利為5.3億元。若扣除一次性減值損失影響後的股東應佔盈利為7.1億元,增長8.4%。

公司派發末期息每股13港仙,連同中期息12港仙,全年股息為每股25港仙,按年持平。

公司財務結構持續優化,資產質量持續提升。上年度資產負債率降至57.7%,整體加權平均利率降至2.51%,財務費用按年減少約5,600萬元。

董事長劉艷表示,面向「十五五」規劃期,公司將堅定踐行「做大做新」的發展策略,鞏固高速公路優質資產基本盤,穩步推進改擴建項目,持續提升資產質量與運營效益。同時,將依托母公司優勢,積極佈局路衍經濟與新興基建,推動平台發展,打造高質量發展新格局。

公司2025年資本性開支為10.5億元;2026年預計資本性開支約17.9億元,主要包括工程提升和北二環改擴建。Hashtag: #越秀交通

The issuer is solely responsible for the content of this announcement.

28857

EarBalance Rebrands to Reflect Integrated Hearing and Balance Care, Introduces Singapore’s First FDA-Approved OTC Hearing Aid Solution, and Announces Major Community Hearing Initiative

SINGAPORE – Media OutReach Newswire – 26 March 2026 – EarBalance Pte. Ltd., a well-established audiology clinic in Singapore, has unveiled a series of significant developments that underscore its commitment to redefining hearing and balance care. Formerly known as Sound Balance, the clinic has officially rebranded to EarBalance to better reflect its expanded scope of services and its collaborative approach with Ear, Nose and Throat (ENT) specialists. Alongside this transformation, the clinic is preparing to launch Singapore’s first FDA- and Health Sciences Authority (HSA)-approved over-the-counter (OTC) hearing aid solution, while also spearheading a major community hearing awareness initiative set to take place in June 2026.

Dr. Kenneth Chua, Senior Principal Audiologist, EarBalance Pte. Ltd.
Dr. Kenneth Chua, Senior Principal Audiologist, EarBalance Pte. Ltd.

These developments position EarBalance at the forefront of a shifting audiology landscape, one that increasingly prioritises accessibility, education, and holistic patient care.

A Strategic Rebrand to Reflect Broader Clinical Collaboration
The transition from Sound Balance to EarBalance Pte. Ltd. marks more than a change in name. It signals a strategic evolution in the clinic’s identity and clinical philosophy. While the former name emphasised audiology and sound perception, the new brand encompasses a more comprehensive understanding of ear health, thus integrating both hearing and balance functions.

“Our ears are not just for hearing. Very often, we think about our five senses, which include hearing. The sixth sense, which is our balance, is often forgotten,” said Dr Kenneth Chua, Senior Principal Audiologist at EarBalance Pte. Ltd. Dr Chua also noted that the rebrand reflects the clinic’s commitment to addressing both aspects of ear health through a collaborative, multidisciplinary model that includes close partnerships with ENT specialists.

EarBalance has established strategic collaborations with several ENT groups, including ASCENT ENT Group, enabling a more seamless patient journey from diagnosis to treatment. This integrated care model ensures that patients presenting with hearing loss, dizziness, or vertigo receive comprehensive evaluation and management under one coordinated framework.

Introducing Singapore’s First FDA- and HSA-Approved OTC Hearing Aid
In April 2026, EarBalance will launch the CERETONE OTC hearing aid, developed by a Canadian company in partnership with ENTRUST. This marks a significant milestone in Singapore’s hearing care sector, as it represents the first OTC hearing aid approved by both the U.S. Food and Drug Administration (FDA) and Singapore’s Health Sciences Authority (HSA).

Designed for individuals with mild hearing loss, CERETONE offers a cost-effective and accessible alternative to traditional prescription hearing aids. The device allows users to manage their hearing needs more independently, making it particularly suitable for those who may not yet be ready to commit to medical-grade solutions.

“This hearing aid is ideal for those with mild hearing loss and who may not be ready for medical-grade prescription hearing aids. We plan to continue expanding the inventory of innovative technological solutions to help people ‘hear better and live better,’” noted Dr Chua.

The CERETONE device combines a user-friendly design with specialised sound processing technology, enabling wearers to adjust settings according to their listening environment. This innovation aligns with EarBalance’s broader mission to “help people hear better and live better” by expanding its portfolio of technological solutions.

Addressing Industry Misconceptions Through Education
EarBalance’s latest initiatives also reflect its stance on a persistent challenge within the hearing care industry: The perception of hearing aids as consumer commodities rather than medical interventions.

“The hearing industry has long been shaped by transactional relationships, where hearing aids are viewed as products to be sold,” added Dr Chua. “However, as healthcare professionals, our role is not to sell devices, but to guide patients in making informed decisions about their hearing health.”

This philosophy is particularly important in light of growing evidence linking untreated hearing loss to broader health risks. Studies have shown that up to 8 per cent of modifiable risk factors for dementia may be attributed to hearing loss. Early detection and intervention are therefore critical not only for communication but also for long-term cognitive health.

EarBalance places strong emphasis on patient education, ensuring that individuals understand the implications of hearing loss and the range of available interventions. By shifting the focus from sales to informed care, the clinic aims to foster trust and empower patients to take ownership of their hearing health.

Community Hearing Awareness Initiative to Launch in June 2026
In line with its commitment to public health, EarBalance will co-organise a large-scale community hearing awareness and education event in June 2026. The initiative is a collaboration between ASCENT ENT Group, EarBalance Audiology Clinic, and Thomson Medical Centre, with support from WS Audiology under the WSA (Wonderful Sound for All) foundation.

The event aims to address a critical gap in public awareness regarding hearing health, particularly the importance of early intervention. It will offer a comprehensive programme that includes hearing screenings, educational sessions, and professional consultations.

“Untreated hearing loss can lead to social isolation, reduced communication ability, and even cognitive decline,” Dr. Chua explained. “Through this initiative, we hope to encourage individuals to take proactive steps in managing their hearing health.”

The programme is expected to screen approximately 100 participants, with an estimated 40 to 50 individuals identified as needing hearing amplification support. For those facing financial barriers, refurbished hearing aids will be provided through CSR contributions, ensuring that care is accessible to underserved segments of the community.

A Holistic Approach to Hearing Rehabilitation
Beyond screening and education, the June initiative will provide referral pathways for continued care, connecting participants with ENT specialists and audiologists for further evaluation and treatment. This integrated approach ensures that individuals identified with hearing loss receive not only a diagnosis but also actionable solutions.

The programme will also feature hearing health education sessions, designed to demystify common misconceptions and equip participants with practical knowledge about ear care. Topics will include the impact of hearing loss on overall well-being, the benefits of early intervention, and the range of available treatment options.

Media coverage and community engagement will play a key role in amplifying the initiative’s impact. WS Audiology, as a CSR partner, will be recognised through branding on programme materials, event displays, and media campaigns.

Sustainability Through Hearing Aid Upcycling
EarBalance is also exploring sustainable practices within the hearing care space, particularly through the upcycling of hearing aids. Recognising that some patients may discontinue use of their devices, the clinic is considering programmes to refurbish and redistribute these aids to individuals in need.

“This initiative addresses two important issues, which are reducing electronic waste and improving access to hearing care,” said Dr Chua. “There are many individuals who could benefit from hearing aids but are unable to afford them. At the same time, there are devices that go unused. Bridging this gap is both a social and environmental responsibility.”

The proposed upcycling programme aligns with EarBalance’s broader vision of responsible healthcare, where innovation is balanced with sustainability and community impact.

Expanding the Scope of Ear Health: Hearing and Balance
A defining feature of EarBalance’s clinical approach is its focus on both hearing and balance, which is an often-overlooked aspect of ear health. While hearing loss is widely recognised, balance disorders such as dizziness and vertigo are frequently misunderstood or underdiagnosed.

“Our ears are not just for hearing,” Dr Chua emphasised. “The vestibular system, located in the inner ear, plays a crucial role in maintaining balance. When this system is disrupted, patients may experience dizziness, vertigo, or instability, which can significantly affect their quality of life.”

EarBalance provides specialised assessment and rehabilitation for balance disorders, offering patients a comprehensive solution that addresses both auditory and vestibular health. This dual focus sets the clinic apart in Singapore’s audiology landscape, where balance care is often treated as a separate discipline.

Looking Ahead: Building a Future of Integrated Care
As EarBalance continues to expand, it is exploring opportunities to further integrate hearing and balance services within clinical settings, including potential collaborations with Thomson Medical Centre. These efforts aim to create a seamless continuum of care for both adult and paediatric populations.

The clinic’s long-term vision includes the development of community-based programmes that extend beyond one-off initiatives, fostering sustained engagement and awareness around hearing health.

“Our goal is to build a healthcare ecosystem where hearing and balance care are accessible, integrated, and patient-centred,” said Dr Chua. “By combining clinical expertise, technological innovation, and community outreach, we hope to make a meaningful difference in people’s lives.”
Hashtag: #EarBalance

The issuer is solely responsible for the content of this announcement.

About EarBalance Pte. Ltd.

EarBalance Pte. Ltd. is a Singapore-based audiology clinic dedicated to providing comprehensive hearing and balance care. Through a collaborative approach with ENT specialists and a focus on patient education, the clinic offers a range of services, including hearing assessments, hearing aid solutions, and balance rehabilitation. EarBalance is committed to helping individuals hear better and live better through accessible, innovative, and holistic care.

For more information, please visit:

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Nonstop in 11 Hours to the “City of Pandas”: Chengdu Launches Direct Flights to Brussels

CHENGDU, CHINA – Media OutReach Newswire – 26 March 2026 – Air China launched a direct passenger flight from Chengdu to Brussels, the capital of Belgium, with service starting March 26. This marks Chengdu’s 12th regular direct passenger route to Europe. The inaugural flight recorded a load factor of 95%, with the return leg reaching 85%, underscoring strong market demand.

Chengdu Tianfu International Airport
Chengdu Tianfu International Airport

According to Air China’s Southwest Branch, the Chengdu (Tianfu International Airport)-Brussels route offers three round trips per week on the Airbus A330-300, with flights scheduled on Tuesdays, Thursdays, and Sundays. Previously, Chengdu had already opened a dedicated all-cargo route to Brussels. The launch of the passenger service now establishes a dual-track system for both passenger and freight transport.

Before the route’s launch, travelers from Chengdu to Brussels typically required a transfer, with the whole journey taking more than 17 hours. The new direct service cuts travel time to under 11 hours, creating a faster and more convenient aerial corridor for economic and trade cooperation, cultural exchange, and people-to-people connectivity between China and Belgium.

This route also represents Chengdu’s first newly launched intercontinental passenger service of the year. To date, the city operates 19 intercontinental passenger routes, including 12 connecting major European cities such as Frankfurt, London, Paris, and Brussels, with nearly 40 weekly flights. Chengdu’s regular international and regional direct routes have now clocked up 85, markedly boosting its global connectivity.

The ever-expanding international flight network has further stimulated inbound tourism. In 2025, Chengdu received 2.38 million inbound tourists, a year-on-year increase of 44.3%, signaling a strong recovery of the inbound tourism market. During the recent 2026 Spring Festival, the city welcomed 77,000 inbound tourists, up 47.2% year on year, with a growing number of international travelers choosing Chengdu as their top destination for experiencing China.

As noted by The Times in its feature on 12 of the Best Places to Visit in China: “Home of the Chengdu Research Base of Giant Panda Breeding, this city has become a popular stop on many China tours. Foodies will relish their visit—it’s one of the original UNESCO cities of gastronomy, so you’ll find the best of Sichuan cuisine here. Highlights include spicy hotpot, mapo tofu, and the myriad street foods you’ll find outside Chengdu’s many temples. It’s also the departure point for tours to the national parks of Jiuzhai Valley and Huanglong, and the autonomous regions around Sichuan.”

To enhance the travel experience of international passengers, Chengdu has introduced a package of measures covering tax refunds upon payment, language services, smart navigation, and promotional incentives, all aimed at improving convenience and adding to the appeal of inbound tourism. Policies such as instant tax refunds, direct payments via overseas e-wallets, and over 600 tax refund stores have largely facilitated travel for international tourists.

In 2025, Chengdu had more than 6,000 taxi drivers trained in English, and the scenic area Xiling Snow Mountain rolled out an international booking platform supporting real-time translation in 24 languages and transactions in 29 currencies, with multilingual AI translation screens installed across major tourist attractions and transportation hubs in Chengdu.

Meanwhile, Jinli Street—once named by CNN as one of the world’s most beautiful streets—officially introduced the “Open Chengdu” cultural tourism base on February 6. The base features a professional English-language service team, more than 300 bilingual signs, and over 10 bilingual self-service ticketing machines supporting multiple ID types. Across more than 50 locations in Jinli, from museum gift shops to street vendors, international credit cards such as VISA are widely accepted.

In addition, Chengdu Eastern New Area, where Chengdu Tianfu International Airport is located, offers international transit passengers subsidies of up to 400 yuan per person, including 200 for hotel stays, 100 for consumption vouchers, and 100 for railway tickets.
Hashtag: #ChengduInformationOffice

The issuer is solely responsible for the content of this announcement.

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The “It’s Time 4 European Beef” Campaign Was Very Well Received in Singapore in 2025, and Expectations Are High for 2026

As part of the European campaign “It’s Time For European Beef”, the promotional activities carried out in 2025 and those currently underway in 2026 are reinforcing the positive image held by both Singaporean meat importers and end consumers, who appreciate the quality, tenderness, flavour and naturalness of our meat, as well as its rigorous production process, the European Production Model

SINGAPORE – Media OutReach Newswire – 26 March 2026 – The year 2025 was a very successful and strategically significant phase for the “It’s Time 4 European Beef” campaign in the Singapore market. Throughout the year, the campaign implemented a comprehensive program combining market intelligence, professional engagement, culinary education, and immersive experiential activities. These efforts significantly reinforced the positioning of European beef as a premium and reliable product in one of Asia’s most competitive and high-value food markets.

It´Time for Celebrate Singapore 2025
It´Time for Celebrate Singapore 2025

“It’s Time For European Beef” in 2025: strategic engagement and experiential activities reinforce the position of European Beef in Singapore

Field activities in Singapore began in May with a visit by the Provacuno team, kicking off the scheduled activities with a visit to one processor in Singapore.

This visit allowed campaign representatives to gain first-hand knowledge of Singapore’s market.

The exchange generated valuable market feedback and confirmed the high suitability of European beef for Singapore’s high-end catering and retail channels.

During the same trip, the Provacuno expedition (campaign leader with co-financing from the EU) organized a master cooking class culinary training institution in Singapore. Michelin-starred chefs Rafael Centeno Moyer and Héctor Sanz Pedraja demonstrated the versatility and performance of European Beef through a series of recipes, followed by a hands-on cooking session with students. This activity engaged future culinary professionals, reinforced technical knowledge, and positioned European beef as a high-quality ingredient for haute cuisine and contemporary gastronomy.

To conclude the series of events, a cooking demonstration was held at Alkaff Mansion. The event brought together 51 professionals from across the restaurant ecosystem, including importers, distributors, retailers, chefs, restaurateurs, media representatives, and key opinion leaders. The program combined product and campaign presentations, live cooking demonstrations, and selected tastings of European beef cuts.

The event generated strong professional engagement, strengthened relationships within the sector, and opened up concrete opportunities for future collaboration in the Singapore market.

To conclude the activities of the second year of the campaign, a study trip to Spain was organized from September 28 to October 2.

Six leading Singaporean companies representing importers, distributors, high-end food retailers, and the media participated in this immersive initiative. The visit provided a comprehensive overview of the European production model, including farms, slaughterhouses, processing facilities, wholesale markets, and high-end restaurants.

The study trip to Europe significantly improved participants’ understanding of the fundamental pillars of European beef, including food safety, traceability, sustainability, and production control. Participants’ feedback was overwhelmingly positive. Many highlighted the high quality and taste of the products, the transparency of the production chain, and the strong alignment between European standards and Singapore market requirements. Several participants identified specific business opportunities and expressed a clear interest in European Beef.

Overall, the “It’s Time For European Beef” campaign in Singapore during 2025 succeeded in raising awareness, strengthening professional confidence, and consolidating the reputation of European beef as a premium, reliable, and value-added product. The European beef segment in Singapore remains strong, supported by sustained demand and a high level of interest from both professionals and consumers.

Market positioning and positive trends

Beyond the direct results of these activities, the Singapore market continues to show strong and sustained demand for European beef. Singapore’s role as a regional gastronomic hub, combined with high purchasing power, advanced cold chain infrastructure, and a mature professional catering sector, creates a very favorable environment for premium European products.

There is a growing appreciation among Singaporean professionals and consumers for attributes such as origin, traceability, transparency in production, and culinary consistency.

European Beef fits these expectations perfectly and is increasingly perceived as a premium ingredient and strategic product for differentiation in haute cuisine, upscale casual dining, and high-end retail.

Looking ahead, European Beef from Spain is well positioned to consolidate and expand its presence in Singapore through continued collaboration with importers, chefs, culinary institutions, and opinion leaders. The positive trends observed in 2025 indicate strong potential for sustained growth, greater market penetration, and long-term commercial partnerships.

“It’s Time For European Beef” 2026: Outlook for upcoming activities in Singapore

Building on the strong results achieved in 2025, the “It’s Time For European Beef” campaign will continue its development in Singapore throughout 2026 through a series of high-impact activities designed to further increase awareness, engagement, and interest in European beef.

Participation in Food and Hotel Asia (FHA) in April 2026 will provide high visibility for European Beef, at the leading trade fair for the food and hotel sector in Southeast Asia. The campaign booth will serve as a central platform for direct interaction with importers, distributors, chefs, and food industry professionals, while showcasing product quality, cuts, and culinary applications.

At the same time, a tasting event will be organized in an exhibition hall dedicated to key players in Singapore’s meat and catering industry. The event, which will showcase European beef and Michelin-starred chefs, will combine live cooking demonstrations, tastings, and professional exchanges. The aim is to deepen knowledge of the product, demonstrate its performance in high-end gastronomy, and stimulate concrete commercial discussions with decision-makers in the sector.

It’s time for European Beef in Singapore!

Hashtag: #EuropeanBeef

The issuer is solely responsible for the content of this announcement.

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Innomotics is market leader for turbine replacement technology

  • Innomotics wins several orders to provide motor and drive technology for turbine replacement projects, totaling a volume in the higher double-digit million EUR range
  • Environmental, operational and financial benefits for many industries and industrial applications
  • Geographic diversity underlines market potential

NUREMBERG, GERMANY – Newsaktuell – 26 March 2026 – Innomotics, a globally leading supplier of electric motor and large drive systems, has won several major orders for turbine replacement projects on nearly every continent. The total volume for all orders is in the higher double-digit million EUR range.

The Innomotics HV Series HS-modyn built at Dynamowerk in Berlin, setting standards when it comes to the availability of compressor drives: due to the unique rotor design it has the highest degree of reliability and minimum maintenance costs./Innomotics
The Innomotics HV Series HS-modyn built at Dynamowerk in Berlin, setting standards when it comes to the availability of compressor drives: due to the unique rotor design it has the highest degree of reliability and minimum maintenance costs./Innomotics

With increased electrification of industrial applications, significant operational cost efficiency and CO₂ reduction can be gained by changing existing turbines with an electric drive system, the so-called Turbine Replacement Technology. This can be used for high-speed pump applications (centrifugal pumps) as well as for high-power compressor systems in refineries, petrochemicals, or oil and gas.

Especially the need for supplying large-scale turbine driven boiler feed pump applications in power plants with high voltage motors becomes increasingly important, as it significantly saves energy consumption, CO₂ and operational costs.

The transition to electric drive technology for rotating equipment is an important part of the overall plant electrification and decarbonization pathway, reducing the use of costly and environmentally harmful carbon fuels.

By sourcing the power from a renewable source such as wind, solar or hydro, CO₂ emissions can be practically eliminated. This is especially relevant for energy-intensive industries and industrial applications. Beyond ecological aspects, the use of high-speed motor systems offers significant benefits to customers, such as increasing efficiency, reducing operational costs and maintenance requirements as well as easy construction and start-up.

“Replacing existing gas and steam turbines with electrical motor and drive systems is a complex task. Thanks to our highly motivated and skilled team, Innomotics is thought leader and pace setter for turbine replacement technology for more than 25 years now and with more than 70 Turbine Replacement projects globally realized. Our outstanding portfolio sets standards: The reliability and availability of our advanced High-speed High Voltage Motor system technology is unrivaled in the field, due to our unique rotor design. Additionally, our Medium Voltage Drive technology includes extended redundancy measures such as cell by-pass systems for maximum uptime”, says Michael Reichle, CEO of Innomotics.

Operators of turbine-driven systems currently face high operational costs, which can be significantly reduced or even eliminated through turbine replacement technology. For example, in a project with Repsol in Spain, Innomotics helped avoid 68,000 tons of CO₂ emissions per year and reduce energy consumption by around 25 percent.

Recently awarded Turbine Replacement Projects

Electric Drive Upgrade for INA Refinery in Croatia:
INA is modernizing its refinery in Rijeka to improve efficiency and reduce emissions. As part of this transformation, steam turbines used to operate compressors are being replaced with electric drive systems. This reduces reliance on fossil fuels, lowers maintenance requirements, and increases overall energy efficiency.

To implement this upgrade within an operating refinery, INA partnered with Innomotics and Siemens Energy. The project includes four electric drive train systems, combining HV and HS-Modyn motors ranging from 1.8 MW to 6 MW with Innomotics Perfect Harmony GH180 variable frequency drives.

The solution ensures high reliability through redundant system design and enables fast installation on existing foundations with minimal construction effort. As a result, INA reduced significantly CO₂ emissions by 96,000 tons, reduced operating costs, total high-pressure steam production reduced by around 25%, and improved availability.

Turbine Replacement Technology for Repsol Industrial Complex in Spain:
Repsol has electrified a gas compressor at its Puertollano Industrial Complex by replacing a steam turbine with an electric motor solution from Innomotics. This upgrade improves energy efficiency by 25 percent and reduces CO₂ emissions by approximately 68,000 tons per year. The solution includes a High Voltage Motor combined with a Perfect Harmony GH180 Medium Voltage Drive, delivering 8.25 MW at 5,800 rpm. Designed for high reliability and continuous operation, the system enables maintenance intervals of up to five years. With this electrification project, Repsol strengthens its commitment to achieving net zero emissions by 2050 while significantly improving operational efficiency and system availability.

Turbine Replacement Technology for Chemicals Park in the Netherlands:
The owner and operator of a chemicals park in the Netherlands aims to accelerate the energy transition of the Dutch chemical industry. One of their three major goals is to achieve net zero emissions within ten years. Therefore, Innomotics was awarded for a turbine replacement project in a propylene plant. The order amounts a considerable value for Innomotics and includes a 25MW as well as an 8.6MW high-speed induction motor together with two Innomotics Medium Voltage GH150 drives. The order also includes comprehensive services.

Turbine Replacement Technology for Power Plants in Republic of Korea:
A Korean energy producer and provider awarded Innomotics an order to replace the previous turbine technology with a 12.5MW electric Innomotics High-speed High Voltage Motor and Medium Voltage Drives. With that replacement the company benefits from higher energy efficiency of at least 20 percent and the associated energy savings as well as reduced CO₂ emissions. The Innomotics solution therefore contributes directly to the customer’s net zero carbon strategy. The parallel operation of three Medium Voltage Drives ensures a particularly uninterrupted and stable power supply.

Turbine Replacement for a propane dehydrogenation (PDH) plant in Spain:
At the top of its agenda, a German chemicals and plastics giant, has placed the motto: “Net Zero Emissions by 2050”. One measure the company takes accordingly is replacing steam production at co-generation plants with heat pumps and e-driven compressors. Therefore, the Spanish site, has started a turbine replacement project in their propylene production at a propane dehydrogenation (PDH) plant. The order for Innomotics amounts to a double digit million Euros and includes a 23.3MW High-speed High Voltage induction motor, together with a Medium Voltage Drives and a converter transformer.

Turbine Replacement for Indian natural gas company:
Furthermore, Innomotics has won a pilot order to replace one out of eight installed gas turbines for a state-owned energy corporation in the state of Madhya Pradesh (India). This order creates a new benchmark in the gas turbine replacement market to the extent that the proposed solution will consist of an Innomotics High Voltage HV-M Motor, together with a gearbox and an Innomotics Medium Voltage Drive instead of a High-speed High Voltage Motor system.

Additional Turbine Replacement materials:
Whitepaper on Turbine Replacement
Expert Video concerning Turbine Replacement
Operational savings calculator, reference projects and success stories
Podcast episode on Spotify
Explore the 3D visualization in our virtual world: Innomotics Electrosphere

For more information, visit https://www.innomotics.com/hub/en/applications/turbine-replacement

Follow us on LinkedIn: www.linkedin.com/company/innomotics
For more information, visit www.innomotics.com.

Hashtag: #Innomotics

The issuer is solely responsible for the content of this announcement.

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Bridging the Digital Divide: 5G Drives Rural Revitalization in Guangxi, China

CHONGZUO, CHINA – Media OutReach Newswire – 26 March 2026 – In the karst terrain of Guangxi Zhuang Autonomous Region, Buhua Village, once a remote and economically underdeveloped community, has been transformed into a popular tourist attraction thanks to a 5G information superhighway co-built by China Mobile and Huawei. This digital leap has established the village as a model of rural revitalization, generating over CNY500,000 in annual collective village income and boosting per capita annual earnings by CNY18,000.

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Chongzuo is characterized by impressive karst landforms with peak clusters and peak forests. This breathtaking terrain presents huge challenges for communications network buildout. To overcome these geographic barriers, China Mobile and Huawei have collaborated on technological innovations in a bid to achieve comprehensive network coverage. Today, all administrative villages in Chongzuo have access to 5G networks, while 99% of its natural villages have 4G coverage and 94% have 5G coverage.

Buhua Village is within the jurisdiction of Chongzuo City. The village upgraded its networks from 4G to 5G as early as 2021, offering residents digital services on par with those seen in major cities. The deployment of advanced communications networks has catalyzed the growth of Buhua’s distinctive local industries.

In Xinhe Town, where the village is situated, a digital e-commerce ecosystem has been established, featuring 65 product stores on platforms like JD.com and Douyin, which are collectively owned by the village. Furthermore, a live-streaming incubation base has been established, nurturing 27 local live streamers. These stores secure over CNY300,000 in revenue each year by selling local specialties like Buhua brown sugar. This is a handcrafted product that is recognized as intangible cultural heritage, with a 150% price premium over normal brown sugar. It is sold to tier-1 cities in China, like Beijing, Shanghai, and Guangzhou, and is even exported overseas, including to Japan and South Korea.

Digital technology is also driving the upgrade of the local tourism industry. China Mobile has established an intelligent ticketing system at the Heishui River, which is Buhua Village’s most popular scenic spot where activities like rafting, boat tours, and paddleboarding are available for tourists. This system has reduced the average time for tourists to purchase tickets from 20 minutes to just 3 minutes, with online purchases now accounting for 30% of the total. Accommodation can also be booked through the system, which has increased the booking rate of local homestays by 30%.

Digitalization has further expanded to the ecological protection field. A safety monitoring and IT system project for modern irrigation engineering along the Heishui River has been launched, with investment totaling CNY100 million. Supported by the Bianjiang Zhizhou open AI platform, the digital monitoring system is set to cover 13 towns across four counties/districts in Chongzuo. Once up and running, it will enable the integrated, real-time monitoring of water quality and other ecological parameters of the Heishui River, and intelligently issue early warnings to guarantee safe water irrigation across 60,000 hectares of farmland in the river basin.

Digitalization has helped Buhua Village make the jump from poverty to prosperity. In 2025, the village’s annual collective economic income (generated from assets, land, or enterprises owned by the village community rather than individuals) exceeded CNY500,000. The average income of every household reached over CNY80,000, three times the average income from traditional sugarcane farming. The annual per capita income of villagers increased by CNY18,000. As a result, an increasing number of young people have chosen to return to the village and develop their careers.

Zhou Peng, General Manager of China Mobile Guangxi’s Chongzuo Branch, said, “By bridging the digital divide, we are helping remote villages like Buhua develop digital trade alongside traditional agriculture. This is transforming resources that were not fully used in the past due to geographical limitations into strong momentum for economic growth in the digital age.”

Tian Yongsheng, Deputy General Manager of Huawei Guangxi, noted, “Huawei is supporting China Mobile in building a solid digital foundation for Chongzuo with innovative solutions. We look forward to seeing technology overcome geographical limitations and enable more remote villages to achieve leapfrog development in the 5G and AI era.”

Hashtag: #Huawei

The issuer is solely responsible for the content of this announcement.

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VinFast VF 8 Builds Confidence the Long Way With a 10-Year Warranty

A 10-year warranty, mobile support, and charging partnerships position the VF 8 as a long-term bet that feels unusually secure for a new entrant.

DUBAI, UAE – Media OutReach Newswire – 26 March 2026 – When an unfamiliar badge shows up in the crowded Gulf car market, buyers tend to default to caution. For new entrants, that hesitation has to be addressed early, and warranty coverage has become one of the most effective tools for doing so.

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For example, the upstart VinFast offers the VF 8 with a 10-year or 200,000-km vehicle warranty, paired with a 10-year unlimited-km battery warranty across GCC markets. The scale of that coverage quickly becomes shorthand for durability, removing the question “Will this brand last?” from the customer’s subconscious altogether and replacing it with a more grounded “What happens if something goes wrong over the next decade?” That, at least, is the intention behind the strategy.

Today, many established brands still offer three to five years of basic coverage, with longer terms often limited to specific components or available only through paid extended plans. That gap becomes immediately visible in showroom comparisons, where buyers are weighing not just upfront cost but long-term ownership risk. In markets like the Gulf, where durability and resale value are closely scrutinized, a longer warranty can directly influence perceived value over time.

There is data to support why this approach matters. A 2023 YouGov survey across 18 markets found that 78% of global consumers consider warranty coverage an important factor when buying a car[1]. In the UAE, that figure stands at 77%, reinforcing how central after-sales assurance is to purchase decisions.

From the OEM’s point of view, long warranties are rarely reckless. Modern EV powertrains have fewer moving parts than combustion engines, and catastrophic failures are statistically rare when vehicles are maintained properly. By structuring coverage carefully, manufacturers can advertise large, attention-grabbing numbers while keeping real exposure controlled, with robust quality assurance helping keep issues minimal and manageable.

In the Middle East, VinFast’s after-sales strategy extends beyond the warranty itself, with mobile battery rescue and repair support, alongside 24/7 roadside assistance and five years of free maintenance up to 100,000 km. These are not random additions. They target specific anxieties around EV ownership, particularly in regions where charging infrastructure is still evolving.

Known for its ecosystem thinking, VinFast is also building out its support network in parallel. In the UAE, VinFast recently signed an MoU with PlusX Electric, a DEWA-approved charging provider, to extend support beyond the dealership network. The plan includes portable charging pods, on-demand mobile charging, and emergency roadside charging services. The goal is to reduce downtime and eliminate the awkward scenario of running low on charge far from a plug.

“VinFast is committed to building a long-term and comprehensive EV ecosystem in the UAE—one that gives customers confidence not only in the quality and performance of our electric vehicles, but also in the reliability and accessibility of the supporting infrastructure,” one executive of VinFast Middle East said in a press release.

This layered approach matters because warranties alone don’t solve daily inconveniences. A long-term contract reassures buyers at the point of purchase, but ownership confidence is shaped by what happens on a random Tuesday evening when something goes wrong. Mobile service units, fast parts supply, and integrated charging support close that gap.

Hashtag: #VinFast

The issuer is solely responsible for the content of this announcement.

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