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Commodities Intelligence Centre and ZALL Group Wins Gold and Silver Awards at The 2021 Asia-Pacific Stevie Awards

indie 14 5 月

7 minutes

SINGAPORE, May 14, 2021 - (ACN Newswire via SEAPRWire.com) - Commodities Intelligence Centre (CIC), a physical commodities B2B e-trade platform, announced today that it has won the prestigious Gold Stevie(R) Award for "Innovation in Business-to-Business Services". Its parent company, ZALL Smart Commerce Group (ZALL Group), a leading Chinese B2B e-commerce group with a global presence, has also received the Silver Stevie Award winner for "Best Corporate Response" in fighting against the spread of the COVID-19 pandemic. CIC and ZALL Group were conferred this honour at the 2021 Asia Pacific Stevie Awards, which publicly recognises the achievements and positive contributions of organisations and working professionals worldwide. Peter Yu, Chief Executive Officer of Commodities Intelligence Centre and Vice President of ZALL Group, shared, "CIC and ZALL Group are deeply honoured and proud to win the 2021 Asia-Pacific Stevie Awards. During the height of the pandemic, our teams at ZALL Group and CIC played a key role as the first responder towards government efforts in fighting the Covid-19 pandemic. The team delivered millions of masks and emergency medical supplies to countries worldwide ...

NTSB-style Report Blames the Washington Companies in Bridge Destruction

indie 4 5 月

3 minutes

LAS VEGAS, NV, May 4, 2021 - (ACN Newswire via SEAPRWire.com) - A root cause analytical investigation of the causation of a potentially fatal collision of two Komatsu excavators with a locally important bridge on the I-5 freeway in the State of Washington was executed recently. Mr Jeff Guzzetti, former Director, Accident Investigation Division of the Federal Aviation Administration, and former Deputy Director, Regional Office of the U.S. National Transportation Safety Board (NTSB), provides an in-depth review of the accident which occurred July 22, 2016. The goal of Mr Guzzetti's investigation is to determine the root cause of the bridge strike.Mr Guzzetti was called upon to utilize the forensics-style methodology employed by his former employer, the US National Transportation Safety Board (NTSB), with a high degree of professional integrity and impartiality in determining the causal events behind the accidents, and finding the parties with the most responsibility in the bridge strike.Quoted from Mr Guzzetti's report under probable cause:"Based on my review of available material, I have determined that the probable cause of this accident is (1) the shipper's improper loading of the...

IBI Issues Positive Profit Alert, Expects to Record Over 140% Increase in Profit Attributable to the Owners of the Company

indie 3 5 月

2 minutes

HONG KONG, May 3, 2021 - (ACN Newswire via SEAPRWire.com) - IBI Group Holdings Limited ("IBI" or the "Group"; Stock Code: 1547), a publicly listed holding company that holds investments in companies focused on the Built Environment, is pleased to announce a positive profit alert. Based on a preliminary review of the unaudited consolidated management accounts of the Group, the Group is expected to record a net profit attributable to the owners of the Company of approximately HK$51.9 million to HK$56.2 million for the year ended 31 March 2021, representing an increase of approximately 140% to 160% as compared to a net profit of approximately HK$21.6 million for the year ended 31 March 2020, primarily attributed to the significant increase in realised and un-realised fair value gain from investments in listed equities.Mr. Neil Howard, Chairman and CEO of IBI, said, "We are pleased to record remarkable results amid this challenging year with COVID-19 ravaging the global economy on an unprecedented scale. During the year, we have made good use of our internal resources and have invested in numerous international blue-chip companies with a long history and strong fundamentals. Despite th...

Activation Group Forms Strategic Alliance with Fosun Fashion Group

indie 28 4 月

5 minutes

HONG KONG, Apr 28, 2021 - (ACN Newswire via SEAPRWire.com) - A provider of integrated marketing solutions in Greater China, Activation Group Holdings Limited ("Activation" or the "Company", collectively, the "Group", HKEX: 9919.HK) today announced a strategic alliance with Fosun Fashion Group (Cayman) Limited ("Fosun Fashion Group" or "FFG"), a subsidiary of Fosun International Limited (HKEX: 00656.HK), to capitalize on the emerging demand for luxury brands in China. FFG manages a portfolio of heritage brands covering a full spectrum of fashion luxury categories, and it is one of the first movers to create a global luxury fashion group in China. FFG's current brand portfolio includes Lanvin, Wolford, St. John and Caruso. The consortium aims to serve the ever-changing global luxury market by developing a top-tier ecosystem to promote additional operational value in China. To create such unique fashion ecosystem, FFG has also allied, apart from Activation Group, with leaders along the fashion value chain, such as Baozun Inc. (NASDAQ: BZUN and HKEX: 9991), a leader and a pioneer in China's brand e-commerce service industry, and other seasoned industry players that can bring different ...

香港航天复牌股价暴涨逾650% 收购恒达科技联手华为云

tallulah 23 4 月

1 minute

HONG KONG, Apr 23, 2021 - (亚太商讯 via SEAPRWire.com) - 香港航天科技集团有限公司（香港航天）欣然宣布，已正式与香港华为云签订战略合作协议，双方将基于“数据创新生活智慧开启城市”的合作目标，充分整合香港航天基于卫星端与地面端的时空城市信息，以及华为云安全、可信的数据处理能力，为粤港澳大湾区提供涵盖智慧政府、智慧出行、智慧生活、智慧环境等多维度的优质商业服务，打造全新的数码城市与智慧生活。香港航天董事局主席林家礼博士与华为香港代表处总经理邓水根主持战略合作签订仪式作为集卫星制造、卫星发射、航天测控及航天数据服务为一体的综合性商业航天企业，香港航天此次与华为云强强联手，将实现卫星遥感技术与云计算、大数据、人工智能等科技手段的结合，推动双方共同探索城市智慧化治理的新思路。借助华为云技术方案，香港航天将以“僭建物检测”项目为起点，逐步拓展至智慧城市的国土资源、环境保护、海洋坏境监测等领域，共同打造世界级的城市管理、政务效能提升的成功典范。同时，香港航天与华为云确立长期战略合作关系，将有利于以科技实力与创新发展为依托，加快本港企业大数据应用的发展，提升香港航天土地环境监测、数据追踪整合、政务信息管理及万物互通互联方面的技术水平，提高数据服务城市的能力。在双方战略合作签订仪式上，作为主礼嘉宾的署理创新及科技局局长钟伟强博士在致辞时提到：“推动智慧城市不可单靠政府，也需要业界、学界及研发机构共同合作，发挥协同效应，才能‘把饼做大’。我非常荣幸跟大家一同见证这次签约仪式，香港航天与华为云的携手合作，将粤港澳大湾区航天资料应用于智慧城市建设，对粤港澳地区有着重大的意义。”对于此次合作，香港航天董事局主席林家礼博士表示：“香港航天科技集团在自主创新的基础上与华为团队的战略合作，将集中各自资源与优势，形成横向战略互补。在云端业务、资料处理、产业应用及商业营运方面将取得具有建设性的创新意义。”在双方的战略合作中，香港航天将充分发挥自身天基数据处理能力，并借助华为云领先的人工智能开发平台、生态伙伴能力，以及在公共研制和建设智慧城市的深厚经验，以科技创新为突破口，以方便生活为落脚点，将自身打造成有别于一般数据收集分析企业的航天商业服务商。未来，香港航天将以《香港智慧城市蓝图》及相应五年发展计画为依托，持续深化与华为云的合作，发挥空间与地面资料结合的优势，打造多维度、立体式、方便快捷的生活场景，把香港建设成世界级智慧城市，从而推动粤港澳大湾区在全球智慧湾区的竞争力，契合第十四个五年规划中的大湾区经济发展规划，为粤港澳大湾区蓬勃发展助力。另外，香港航天科技集团公布，早前与Rich Blessing Group Limited订立买卖协议，同意以代价2.87亿港元(即每股待售股份1.50港元)向其收购电子制造服务供应商恒达科技控股（1725....

Redsun Services Acquires 80% Equity Interest in Each of Gaoli Property and Jiangsu Gaoli Meijia for RMB73.54 Million

indie 20 4 月

4 minutes

HONG KONG, Apr 20, 2021 - (ACN Newswire via SEAPRWire.com) - Redsun Services Group Limited ("Redsun Services" or the "Group"), a fast-growing comprehensive community services provider that focuses on the Yangtze River Delta, has announced that its wholly-owned subsidiary, Hong Life Property Management, has acquired an 80% equity interest in each of two property management companies in Nanjing - Gaoli Property and Jiangsu Gaoli Meijia("Target Companies") - from Gaoli Holdings, for a total consideration of RMB73.54 million. The acquisition will enable Redsun Services to expand its business scope and coverage, enhance economies of scale for the Group's development in Jiangsu Province, foster the development of its value-added services and other businesses, and in turn, bring new opportunities for the growth of the Group.The Target Companies are principally engaged in the provision of property management services in the China, with a focus on property services relating to home fittings ports and automobile display venues. For the year ended 31 December 2020, revenue of the Target Companies amounted to RMB36.52 million, representing an increase of 33.9% when compared to the same period ...

Fujitsu Updates Group Environmental Plan to Achieve Validation of 1.5 degrees Celcius – Aligned Emissions Reduction Targets, Contribute to Sustainable Future

ruth 16 4 月

4 minutes

TOKYO, Apr 16, 2021 - (JCN Newswire via SEAPRWire.com) - Fujitsu today announced a significant update to its greenhouse gas reduction targets as efforts towards decarbonization gain increasing urgency and accelerate throughout the world. To contribute more aggressively to the resolution of environmental issues confronting humanity, Fujitsu revised its emissions reduction targets for its business sites in FY 2030 from 33% to 71.4% below FY 2013 levels. On April 15, these were successfully validated as 1.5 degC-aligned targets by the Science Based Targets initiative (SBTi, 1).Fujitsu simultaneously issued the "Fujitsu Group Environmental Action Plan (Stage X)," which will guide stakeholders throughout the global organization in contributing to the achievement of its environmental targets for FY 2021 and FY 2022.Fujitsu's Environmental Action Plan demonstrates its ongoing commitment to proactively reducing the environmental footprint of its business activities, including throughout its supply chain, and will continue contributing to the decarbonization of customers and society, adapt to mitigate the harmful impacts of climate change, and resolve pressing environmental and social issue...

Jack Ma’s Ant Group to be financial holding firm in forced revamp

elean 13 4 月

5 minutes

BEIJING (BLOOMBERG) - Jack Ma's Ant Group will drastically revamp its business, bowing to demands from Chinese authorities that want to rein in the country's fast-growing Internet giants. Ant will now effectively be supervised more like a bank, a move with far-reaching implications for its growth and ability to press ahead with a landmark initial public offering that the government abruptly delayed late last year. The overhaul announced by regulators and the company on Monday (April 12) will see Ant transform itself into a financial holding company, with authorities also directing the firm to eliminate unfair competition in payments, increase oversight of how that business fuels it crucial consumer lending operations, and ramp up data protections. The firm will also need to cut the outstanding value of its money-market fund Yu'ebao. The directives come as China's regulators pledge to curb the "reckless" push of technology firms into finance and crack down on monopolies online. The twin pillars of Ma's empire - Ant and e-commerce giant Alibaba Group Holding - have been at the centre of the increased scrutiny, sending a clear message to the country's largest corporations and their le...

AEON Credit Proposes Final Dividend of 18 HK Cents for FY2020 amid Solid Fundamentals

indie 8 4 月

5 minutes

HONG KONG, Apr 8, 2021 - (ACN Newswire via SEAPRWire.com) - AEON Credit Service (Asia) Company Limited ("AEON Credit" or the "Group"; Stock Code: 00900) has announced today its annual results for the year ended 28 February 2021 ("FY2020"). During FY2020, the change of consumer behavior to online shopping and indoor activities has prompted the Group to accelerate its digital transformation through the continued upgrade of mobile applications and dedicating more resources to online merchant marketing promotions. The Group has also continued with the development of the new card and loan system to prepare for further technological upgrades in the payment industry. Sales in the fourth quarter started to pick up due to the launch of personalized marketing promotions. Facing an exceptionally uncertain market environment during FY2020, the Group's revenue was HK$1,089.9 million, with profit after tax amounting to HK$301.6 million. Earnings per share were 72.02 HK cents. The Group's capital base remained strong with total equity up 3.3% to HK$3,422.0 million as at 28 February 2021.In view of the sound fundamentals of the Group, the Board has recommended a final dividend of 18.0 HK cents per...

IBI Announces Disposal of Strategic Investments and Realises Gain of HK$25.2 Million

indie 1 4 月

3 minutes

HONG KONG, Apr 1, 2021 - (ACN Newswire via SEAPRWire.com) - IBI Group Holdings Limited ("IBI" or the "Group"; Stock Code: 1547), an investment holding company which specialises in the built environment including subsidiaries providing contracting services, distribution of high-tech and innovative building products and, air quality monitoring and management, announced the disposal of four of its global investments ("Disposal") through its wholly-owned subsidiary, IBI Investment Holdings Limited ("IBI Investment" or the "Company"). Upon completion, it will realise a total gain of approximately HK$25.2 million. IBI Investment has diversified investment profiles. As of 31 March 2021, the Company has announced four disposals in the open market, including a total of 94,900 shares of Australia and New Zealand Banking Group Limited ("ANZ"); a total of 96,600 shares of National Australia Bank Limited ("NAB"); a total of 96,600 shares of Westpac Banking Corporation ("WBC") and a total of 27,200 shares of Commonwealth Bank of Australia ("CBA"), for a combined total consideration of approximately HK$58.2 million. As a result of the Disposal, the Group expects to realise a gain of approximately...

Universal Medical Announced its 2020 Annual Results

indie 31 3 月

10 minutes

HONG KONG, Mar 31, 2021 - (ACN Newswire via SEAPRWire.com) - The board (the "Board") of directors (the "Directors") of Genertec Universal Medical Group Company Limited (the "Company" or "Universal Medical") is pleased to announce the annual results of the Company and its subsidiaries (together, the "Group") for the year ended 31 December 2020.2020 ANNUAL RESULTS HIGHLIGHTS-- The revenue amounted to approximately RMB8,521.2 million, representing an increase of 25.0% as compared with that of approximately RMB6,815.6 million for 2019.-- The profit before tax amounted to approximately RMB2,365.0 million, representing an increase of 6.9% as compared with that of approximately RMB2,211.9 million for 2019. -- The profit for the year attributable to owners shareholders of the parent amounted to approximately RMB1,647.5 million, representing an increase of 10.7% as compared with that of approximately RMB1,488.7 million for 2019. -- The total assets amounted to approximately RMB61,511.0 million, representing an increase of 6.3% as compared with that of approximately RMB57,852.5 million as at 31 December 2019.-- The equity attributable to owners of the parent amounted to approximately RMB10,7...

Dubai-based Bin Zayed Group inks strategic partnership with Widad Business Group to jointly develop Widad@Langkasuka in Langkawi

indie 31 3 月

4 minutes

KUALA LUMPUR, Mar 31, 2021 - (ACN Newswire via SEAPRWire.com) - Widad Business Group Sdn Bhd (WBG), an integrated facility management, property and construction conglomerate, has signed a Collaboration Agreement with Bin Zayed International LLC (BZI) to jointly develop the RM40 billion mixed-development project known as Widad@Langkasuka in Langkawi.The signing ceremony held yesterday at Grand Hyatt Kuala Lumpur was witnessed by Prime Minister Y.A.B. Tan Sri Dato' Haji Muhyiddin Bin Haji Mohd Yassin, Chief Minister of Kedah Y.A.B. Tuan Haji Muhammad Sanusi Bin Md Noor, Y.B. Senior Minister and International Trade and Industry Minister Datuk Seri Mohamed Azmin Ali, and Y.B. Widad Business Group founder and group executive chairman Tan Sri Muhammad Ikmal.The agreement was signed by Widad Business Group executive director Dato' Dr Rizal and Bin Zayed International Group Managing Director Sheikh Midhat Kidwai, paving the way for both parties to jointly develop and construct Widad@Langkasuka. They will also be working together to coordinate with the state government and relevant contractors and consultants concerning the infrastructural development, construction and other works comprised...

China Success Finance Announces 2020 Annual Results

indie 31 3 月

5 minutes

HONG KONG, Mar 30, 2021 - (ACN Newswire via SEAPRWire.com) - China Success Finance Group Holdings Limited ("China Success Finance" or the "Company", together with its subsidiaries the "Group", stock code: 3623) is pleased to announce its audited annual results for the year ended 31 December 2020.During the year under review, the recurring pandemic across the world and uncertain and challenging geopolitical risks casted a shadow on the global financial market development. In accordance with the country's economic policies and market changes, the Group successfully overcame the hardships in the pandemic through leveraging its own advantages and harnessing the power of technology. The Group has seen no substantive impact on its business and operations. The Group recorded improved financial results compared to last year, with its revenue achieving approximately RMB158.1 million, an increase of over 83% year-on-year. Among which, the new sales of market hogs business recorded a net income. Provision for the impairment loss accrued during the year which made by the Group based on the overall macro-economic conditions generally decreased from the previous year. Affected by the above facto...

Zhong Ji Longevity Science Announces 2020 Annual Results

indie 31 3 月

6 minutes

HONG KONG, Mar 30, 2021 - (ACN Newswire via SEAPRWire.com) - Zhong Ji Longevity Science Group Limited ("Zhong Ji Longevity Science", together with its subsidiaries, the "Group"; stock code: 0767.HK) is pleased to announce its audited consolidated annual results for the year ended 31 December 2020 ("reporting year"). The Group was principally engaged in the business of money lending, securities and other investments, financial and investment advisory, as well as property investment before. The aging population across the globe has fuelled growing demand for health supplements and longevity products. The Group has discovered the huge potential and invested substantial resources in mapping out its blueprint in the longevity science sector, and subsequently realised the transformation of its business during the reporting year by extending its business to the development and sales of Nicotinamide Mononucleotide (NMN) longevity biological products with great breakthroughs. Meanwhile, the Group is committed to establishing a leading ecosystem platform in longevity science, tapping into the development of cell and gene therapy, as well as advanced medical technology.During the reporting ye...

Cirtek’s Financial Results in Second Half of FY2020 Demonstrate Significant Improvement, Sales of RFID Products Soars by 1.3 Times

indie 30 3 月

6 minutes

HONG KONG, Mar 30, 2021 - (ACN Newswire via SEAPRWire.com) - Cirtek Holdings Limited ("Cirtek" or the "Group"; HKEX: 1433), one of the leading apparel labels and trim products manufacturers, has announced its audited annual results for the year ended 31 December 2020. Despite adversities, the Group successfully achieved a turnaround; moving from a loss-making position as reported for its interim results to a profit-making position. Review of operationsAs the pandemic raged on, the global retail market, including the apparel market, was seriously affected. As a result, demand for apparel labels and trim products decreased correspondingly. The Group's business was inevitably affected, resulting in a year-on-year decrease in revenue of 26.5% to approximately HK$259.3 million. Nonetheless, the Group's orders started to rebound in the second half year and showed improvement when compared with the first half year, narrowing the decline for the whole year. Gross profit dropped 25.5% to approximately HK$130.2 million. With effective cost control measures and flexible deployment of resources for efficiency improvement, in addition to the support of new products with higher gross profit, gro...

Hi Sun Tech Announces 2020 Annual Results: Profit for the Year Increases 14% to HK$779 million

indie 30 3 月

6 minutes

HONG KONG, Mar 30, 2021 - (ACN Newswire via SEAPRWire.com) - A leading payment & finance solutions provider in China, Hi Sun Technology (China) Limited (the "Company"; Stock code: 818.HK), announced the audited consolidated results of the Company and its subsidiaries (the "Group") for the twelve months ended 31 December 2020 (the "Year"). Results Highlights1. During the Year, the Group's accumulative transaction volume of payment processing solutions segment was approximately RMB1,460 billion, and the total number of transactions increased against the trend, with an increase of 42%;2. During the Year, the Group's supply chain financial technology sector has made great progress, including successfully introducing several core enterprises and banks, providing supply chain financial services to more than 1,000 SMEs, and accumulatively addressing financing needs exceeding RMB5 billion;3. During the Year, according to the subscription agreement, three investors completed the subscription for an aggregate of approximately 14.55% of the enlarged registered capital of Megahunt, at a subscription price of RMB80 million;4. Cloopen (NYSE:RAAS), an associated company of the Group, began tr...

Redsun Properties Revenue Increases 32.9% to RMB20.2 Billion, Net Profit Up 13.4% to RMB1,855 Million

indie 30 3 月

7 minutes

HONG KONG, Mar 29, 2021 - (ACN Newswire via SEAPRWire.com) - Redsun Properties Group Limited ("Redsun Properties", or the "Group", stock code: 1996), a leading comprehensive property developer in Mainland China, announced its annual results for the year ended 31 December 2020. The Group has maintained a solid financial position with enhanced credit. With revenue hit a record high, steady profit growth, stable growth in scale of assets and continuous optimization of debt structures, the Group entered into the green tier at the "Three Red Lines" assessment. 2020 Results Highlights:-- Contracted sales reached RMB86.50 billion, representing a year-on-year increase of 32.8%. Average contracted selling price increased by 10.0% to RMB14,622 per sq.m. -- Total revenue amounted to RMB20.2 billion, representing an increase of 32.9% compared with the 2019 level. Revenue from property business up 33.3% to RMB19.6 billion, while commercial and hotel operations increased by 20.3% to RMB542.8 million-- Gross profit and gross profit margin were RMB4,507.7 million and 22.4% respectively-- Net profit amounted to RMB1,854.9 million, representing an increase of 13.4% compared with the 2019 level. Net ...

Analogue Achieves Revenue and Profit Growth in FY2020

indie 29 3 月

7 minutes

HONG KONG, Mar 29, 2021 - (ACN Newswire via SEAPRWire.com) - Analogue Holdings Limited ("Analogue" or the "Company", together with its subsidiaries, collectively the "Group") (stock code: 1977), a leading electrical and mechanical ("E&M") engineering service provider in Hong Kong with operations in Macau, Mainland China, United States and United Kingdom, today announced the annual results for the year ended 31 December 2020 ("the Year" or "FY2020"), demonstrating resilience under the unprecedented challenges brought by the COVID-19 pandemic with sustained growth in both revenue and profit.Highlights-- Total revenue increased by 14.4% to HK$5,125 million-- Revenue from maintenance work rose by 29.8% year-on-year-- Profit attributable to owners of the Company reached HK$301 million-- Satisfactory order intake in 2020 valued at HK$7.6 billion-- Record high value of outstanding contracts in hand amounted to HK$11.8 billion, up 25.9% year-on-year-- High dividend payout ratio maintained at 50.3%During the Year, the Group's total revenue increased by 14.4% to HK$5,125 million year-on-year, mainly attributable to the Building Services and Lifts and Escalators segments. In particular, r...

Six charged over alleged role in illegal gambling syndicate

aseanpr 26 3 月

2 minutes

SINGAPORE - Six men appeared in court on Friday (March 26) over their alleged involvement with an illegal gambling syndicate. They were among 66 people who were arrested in an islandwide police crackdown on criminal syndicates in October 2018. The six are: Muk Yuen Seng, 49; Yong Chee Sum, 63; Aw Teck Huat, 53; Tan Beng Chee, 45; Tan Lei Peng, 34; and Steven Foo Kee Meng, 40. They are accused of being members of an organised criminal group that managed an illegal gambling den and face gambling-related charges. Foo and Tan Lei Peng are said to have instructed other individuals to commit gambling-related offences for the group. All six men are also accused of being members of an unlawful society. Foo and Aw were additionally charged under the Corruption, Drug Trafficking and Other Serious Crimes (Confiscation of Benefits) Act (CDSA), for allegedly dealing with money earned from managing the gambling den. "This is the fourth organised criminal group identified for prosecution for various offences under the Organised Criminal Act (OCA), which came into force on June 1, 2016," said the police in a statement on Thursday. Under the OCA, those guilty of being in an organised criminal group...

CIMC Vehicles announces 2020 Annual Results

indie 26 3 月

8 minutes

HONG KONG, Mar 25, 2021 - (ACN Newswire via SEAPRWire.com) - The world's leading high-end manufacturer of semi-trailers and specialty vehicles, CIMC Vehicles (Group) Co., Ltd. ("CIMC Vehicles") or the "Group", stock code: 1839.HK) is delighted to announce its annual results for the year ended 31 December 2020. ("Reporting Period") During the Reporting Period, the Group recorded a strong performance in each business segment driven by strong growth in the Chinese market. Annual revenue hit a record high, recording 13.0% growth from 2019 to RMB26,246 million; gross profit margins fell by 1.2pp to 11.7% from 2019 due to the impact of the Covid-19 pandemic; total assets and net assets rose to RMB19,825.2 million and RMB10,448.7 million respectively; net cash flow generated from operating activities significantly increased to RMB2,746.9 million; and return on equity (ROE) reached 12.3%.The semi-trailer business in China recorded strong revenue growth of 45.8% and an increase of 1.9pp in gross profit marginDuring the Reporting Period, the Chinese government promulgated a new development pattern that treats domestic circulation as the mainstay while allowing the dual circulation of domesti...

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