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Analogue Achieves CIC Sustainable Finance Certificate

indie
3 minutes

HONG KONG, Nov 17, 2021 - (ACN Newswire via SEAPRWire.com) - Analogue Holdings Limited (stock code: 1977) together with its subsidiaries (referred to as "ATAL Engineering Group", "ATAL" or the "Group"), a leading electrical and mechanical ("E&M") engineering services provider in Hong Kong, is pleased to announce that the Group has become the first E&M engineering Group in Hong Kong to be qualified under the CIC Sustainable Finance Certification Scheme launched by the Construction Industry Council ("CIC"). ATAL receives the first green finance certificate under CIC Sustainable Finance Certification SchemeThe CIC Sustainable Finance Certification Scheme aims to provide a common framework and user-friendly assessment system to facilitate application of sustainable finance for the construction industry, in support of the HKSAR Government's recent pledge to position Hong Kong as a leading sustainable finance hub in Asia and achieve carbon neutrality before 2050. In line with its commitment in putting green and sustainability into action, the Group has its first Green Finance Framework in place, which will facilitate the Group to enter into Green Financing Transactions ("GFT") to...

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Edvantage Group (0382.HK) Announced FY2021 Annual Results

indie
11 minutes

HONG KONG, Nov 16, 2021 - (ACN Newswire via SEAPRWire.com) - Edvantage Group Holdings Limited ("Edvantage Group" or the "Group", stock code: 0382.HK), the largest private vocational education group in the Greater Bay Area ("GBA"), announced its annual results for the year ended 31 August 2021 (the "Period under Review"). During the Period under Review, the Group operated eight education institutions, namely Guangzhou Huashang College ("Huashang College") and Guangzhou Huashang Vocational College ("Huashang Vocational College") in Guangdong province, China; Urban Vocational College of Sichuan ("Urban Vocational College") and Urban Technician College of Sichuan ("Urban Technician College") in Sichuan province, China; GBA Business School ("GBABS") in Hong Kong, China; Global Business College of Australia ("GBCA") and Edvantage Institute Australia ("EIA") in Melbourne, Australia; and Edvantage Institute (Singapore) ("EIS") in the downtown of Singapore.Results Highlights (For the year ended 31 August 2021)-- Revenue increased by 56.4% YoY to approx. 1,251.6 million(RMB, the same below);-- Gross profit rose by 59.2% YoY to approx. 630.9 million;-- Adjusted net profit attributable to owne...

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Q&M Dental net profit surges 154% to S$35.4M for nine months ended 30 September 2021

indie
6 minutes

SINGAPORE, Nov 11, 2021 - (ACN Newswire via SEAPRWire.com) - Q&M Dental Group (Singapore) Limited ("Q&M" or together with its subsidiaries, the "Group"), a leading private dental healthcare group in Asia, today reported net profit after tax attributable to shareholders of S$27.3 million for the nine months ended 30 September 2021 ("9M2021"), and net profit after tax attributable to shareholders S$9.5 million for the three months ended 30 September 2021 ("3Q2021").Quarterly Financial Performance since 4Q2019The Group has grown stronger compared to the pre-Covid-19 period. The Group's revenue rose by 58% from S$36.5 million in 4Q2019 to S$57.7 million in 3Q2021, or 6.78% quarterly compounded growth from 4Q2019 to 3Q2021. Profit before tax grew 112% from S$7.9 million in 4Q2019 to S$16.7 million in 3Q2021, or 11% quarterly compounded growth from 4Q2019 to 3Q2021.Dr Ng Chin Siau, Chief Executive Officer of Q&M added, "The Group's strong financial performance and accomplishments continue to be propelled by our corporate values and philosophy of "Improving Oneself & Unity". We believe that every individual within Q&M strives for continual improvement, and seeks knowle...

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Society Pass（社会通行有限公司）宣布2,600万美元的首次公开募股定价

tallulah
1 minute

SINGAPORE, Nov 9, 2021 - (亚太商讯 via SEAPRWire.com) - 东南亚领先的数据驱动型忠诚度平台Society Pass股份有限公司（纳斯达克代码：SOPA，以下简称“SoPa”或“公司”）今天宣布2,600万美元的首次公开发行定价。此次发行2,888,889股普通股，价格每股9.00美元。这些股票已获准在纳斯达克资本市场（“纳斯达克”）上市，并将于2021年11月9日起开始交易，股票代码“SOPA”。 公司已授予承销商45天的选择权，可以按首次公开发行价购买最多433,333股的额外股份，以弥补任何可能的超额配售。本次发行预计将于2021年11月12日结束，但需符合常规的关闭条件。Maxim Group LLC担任此次发行的唯一账簿管理人。“我们是第一家在越南以外的股票市场完成传统IPO且总部位于越南的公司，对于这一点我们感到无比自豪。作为一家以收购为主导的技术公司，这一里程碑标志着我们下一阶段增长的开始。我们正将业务扩展至越南以外的东南亚其他地区，尤其是菲律宾和印度尼西亚。我们在纳斯达克上市并进入公开市场，能使我们在投资者与全球某些增长最快的零售电子商务机会之间建立联系。”Society Pass创始人、董事长兼首席执行官Dennis Nguyen表示。美国证券交易委员会于2021年11月8日宣布与该证券有关的注册声明生效。本次发行仅以招股说明书的方式进行。如需副本可联系Maxim Group LLC，300 Park Avenue, 16th Floor, New York, New York 10022。注册声明的副本可以通过美国证券交易委员会网站www.sec.gov获取。本新闻稿不构成销售要约或购买要约邀请，同时也不得在根据其证券法未经注册或资格认证的任何此类要约、要约邀请或销售均为非法的国家或司法辖区销售任何此类证券。关于Society PassSociety Pass客户忠诚度和分析平台已吸纳数以万计的消费者。Society Pass为商户提供了线上商务平台SoPa.asia（专为用户提供）、便利订单管理程序#HOTTAB Biz（专为SoPa.asia商业合作伙伴提供）以及综合性支付、忠实客户管理、用户资料分析系统POS技术方案#HOTTAB POS和面向中小型企业制定的金融支持计划。上述所有工具可通过基于数据分析的个性化互动帮助各企业吸引和保留客户且盈利丰厚。Society Pass同时经营www.leflair.com，这是越南领先的生活方式电子商务平台。请登陆http://thesocietypass.com/了解详情。前瞻性声明本新闻稿多包含的信息可能包括“前瞻性声明”。前瞻性声明反映了目前对未来事件的看法。本新闻稿使用的“预期”、“相信”、“预计”、“期望”、"未来"、“打算”、“计划”等词...

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EC Healthcare Acquires Specialty Medical Services Centers in Hong Kong

indie
4 minutes

HONG KONG, Nov 8, 2021 - (ACN Newswire via SEAPRWire.com) - EC Healthcare (the "Company", which together with its subsidiaries is referred to as the "Group", SEHK stock code: 2138), the largest non-hospital medical group in Hong Kong*, is pleased to announce that the Group enters into a sales and purchase agreement to acquire 70% of the issued share capital of Premier Medical Group (BVI) Limited (the "Target Company"), for a total consideration of HK$100 million in cash.The Target Company has a long-standing history in providing medical services in Hong Kong. As at the date of this announcement, the Target Company operates 5 medical centers in Hong Kong, providing a wide array of medical services covering 18 specialist disciplines and other allied health services, with over 30 full-time registered medical practitioners. According to the unaudited financial information for the nine months ended 30 September 2021, the revenue and profit after tax of the Target Company amounted to HK$219.942 million and HK$10.826 million, respectively. Upon completion of the acquisition, the financial result of the Target Company will be consolidated into the consolidated financial statement of the Gr...

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APOLLO FUTURE MOBILITY GROUP Navigates a Brand-new Mobility Experience for the Future with Innovations Showcased in CIIE 2021

indie
7 minutes

HONG KONG, Nov 5, 2021 - (ACN Newswire via SEAPRWire.com) - Apollo Future Mobility Group Limited ("AFMG", the "Company"; SEHK stock code: 860; and together with its subsidiaries, the "Group") is pleased to announce the successful conclusion of the opening day of the 4th China International Import Expo ("CIIE"), being held from 5 November to 10 November 2021 in Shanghai. AFMG's participation in CIIE 2021 marks cementing recognition of the Group's positioning as a global transformative integrated mobility solutions provider. The Group showcased the latest batch of its landmark proprietary innovations in this year's event among some 3,000 exhibitors from 127 countries and regions.Apollo Project EVOApollo EVision SThe Crate Powertrain DemonstratorApollo All-carbon Monocoque ChassisUME (Universal Mobility Electrified) BaristaA Roadmap to the Future of Performance and Mass Electric MobilityAFMG is navigating visitors' roadmap to an innovative mobility experience via exhibits in its CIIE 2021 booth, sitting at the heart of the 30,000-sq.m. automobile exhibition hall. When visitors arrive at the AFMG booth they are immediately greeted by Apollo Project EVO and Apollo EVision S. They are in...

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Shareholders and senior management show confidence in China Risun by increasing stakes recently

indie
4 minutes

HONG KONG, Nov 2, 2021 - (ACN Newswire via SEAPRWire.com) - Key shareholders and senior management of China Risun Group Limited ("China Risun", or the "Group", stock code: 1907), a leading integrated global coke, coking chemicals and refined chemicals producer and supplier and relevant operation management service provider, have recently time and again increased shareholdings in the Group, indicating their confidence in the Group's development prospects.China Risun's controlling shareholder Texson Limited and Yang Xuegang, Chairman of the Board and CEO of the Group, bought a total of 2.18 million shares of China Risun in the market on average at HK$4.7028 per share and HK$4.54 per share on 27 and 28 October. Subsequently, Texson Limited and Mr. Yang now hold 3.122 billion China Risun shares, and their shareholding together has increased to 70.32%.In addition, according to CCASS public data, the executive directors and senior management of Risun Group have continued to increase their holdings of the company's shares since June 2021.The fundamentals of China Risun remain strong. Currently, the coke inventory of steel mills is at an absolute low level, meaning there is the need for re...

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Hitachi Participates in COP26 as a Principal Partner

ruth
2 minutes

TOKYO, Nov 1, 2021 - (JCN Newswire via SEAPRWire.com) - Hitachi, Ltd. (TSE:6501) is participating in the 26th UN Climate Change Conference of the Parties (COP26) in Glasgow, Scotland, from October 31 to November 12, in the capacity of "Principal Partner." Hitachi is offering presentations at Conference seminars, set up exhibits, and hold events both online and outside of the Conference venue.The Hitachi's Group at the COP26 Green ZoneHitachi is becoming a climate change innovator, helping governments, cities and companies cut their greenhouse gas emissions, as part of efforts to achieve a decarbonised society. Hitachi decided to take the role of Principal Partner at COP26 to demonstrate to the world its strong commitment to achieving this goal. The Group is accelerating activities aimed at achieving carbon neutrality at all Hitachi factories and offices worldwide by FY2030, and throughout the entire value chain by FY2050. By leveraging Hitachi's green technologies and digital innovations, the Group will contribute to resolving issues in the field of climate change.Taking advantage of the many opportunities offered by COP26, through dialogues with stakeholders, the Group will strive...

ACN Newswire

VPower Group Signs Strategic Cooperation Agreement with Fuyao Group

indie
2 minutes

HONG KONG, Oct 20, 2021 - (ACN Newswire via SEAPRWire.com) - VPower Group International Holdings Limited ("VPower Group" or the "Group", stock code: 1608.HK), joining hands with China National Technical Import and Export Corporation and Fuzhou Xutong Industrial Technology Co., Ltd. as a consortium, entered into a strategic cooperation agreement of modern energy management and implementation with Fuyao Glass Industry Group Co., Ltd. ("Fuyao Group"). The signing ceremony was successfully held at the headquarters of Fuyao Group on 19 October.Leveraging the respective strengths and experiences of each member, the consortium will become an energy management contracting service provider of Fuyao Group. According to the agreement, comprehensive strategic cooperation will be pursued in the area of modern integrated energy management, including renewable energy, smart energy management and carbon asset management, on a complementary and mutually beneficial basis. "We are pleased to become a partner of Fuyao Group through the consortium," said Mr. Boyang Liu, Chief Investment Officer of VPower Group, "We will provide support on integrated energy management to Fuyao Group and its subsidiaries...

SeaPRwire

東盛環球 (Tung Shing Global Capital Group) 积极拓展全球业务

aseanpr
1 minute

Aurora, CO - 東盛環球東盛環球 (Tung Shing Global Capital Group) 作為一家新時代金融服務商，是獲得美國政府認可的金融服務商FSP牌照，由美國金融市場管理局監管，是美國的金融市場監管機構之一，負責對金融服務和證券市場進行監管，確保投資者能在公平及沒有人為操控的環境下進行交易，安全可靠。 同時作為美國msb的認證成員，東盛環球的每位客戶均獲得高達10萬美金（約新臺幣280萬元）的資金保障。 成本優勢：  1.開戶免費，最低保證金只需50元，創業界新低  2.低傭金以及返傭機制，盈利統統歸入您的囊中  3.免過夜利息，輕鬆庫存，坐等收益  4.高槓桿效應，高收益回報  5.無存取款手續費，成本透明  6.返點差、送禮金優惠等您拿 交易優勢：  1.天指/週指，國際大宗商品，數位貨幣等自由選擇  2.全天23小時交投，交易時間靈活彈性  3.雙向交易機制，雙向獲利  4. 60s、小時、日、週、月、年的不同交割時段，長短線靈活交投  5.風險/收益配比，可自主靈活調節，降低風險  6.多平臺資金可輕鬆分散投資 信譽優勢：  1.美國金融市場管理局（msb）監管，是美國的金融市場監管機構之一[1]  2.採用128比特SSL加密傳輸與MD5加密密碼，確保客戶資料安全  3.平臺穩定，採用權威機構數據，公平公正，公開透明 資金優勢：  1.支持多種支付，存款實時到賬，安全快捷  2.提供免匯款手續費的匯款方式，降低匯款成本  3.全天候24小時辦理存取款，提高資金利用效率 服務優勢：  1. 24小時客服提供免費諮詢服務  2.專業技術支援，視頻演示，同步指導操作流程，交易得心應手  3.即時行情，官方權威報價，最新財經新聞，行情一目了然  4.專業分析圖表自由組合，輕鬆看透未來行情方向  5.即時報價，把握盈利良機  6.各種貼心免費短信訂閱服務  7.論壇交流、喊單、分享經驗 媒體聯繫： 東盛環球資本集團 (Tung Shing Global Capital Group) 聯繫人：周福才 聯繫人職務：運營總監 電子郵件：support@dongshen.co 電話：亞太事業部（852-57046866） 地址：4255 South Bucley Road #1296 Aurora CO 80013 官方網站：http://www.dongshen.co

SeaPRwire

Evergrande backer Chinese Estates to go private after share plunge

elean
4 minutes

HONG KONG (BLOOMBERG) - Chinese Estates Holdings, controlled by a long-time backer of embattled developer China Evergrande Group, offered to take the company private after the stock plunged to an 18-year low. The Hong Kong real estate firm, owned by the family of billionaire Joseph Lau, agreed to buy out minority shareholders for HK$4 apiece, or HK$1.91 billion ($245 million) for the 25 per cent stake, according to a Hong Kong stock exchange filing on Wednesday (Oct 6). The Lau family already controls about 75 per cent of the company. The Lau family going private represents the biggest retreat yet by a long-time backer of Evergrande and its billionaire Chairman Hui Ka Yan - Mr Lau is part of the so-called "Poker Club" of tycoons who have backed Mr Hui's ventures over the years. The developer's stock has spiralled on concern that an Evergrande collapse could spill over into the property sector in China and Hong Kong. Chinese Estates had been a major shareholder of Evergrande before paring its stake beginning in August, and said in its statement on Wednesday that it has concerns over whether the sliding Evergrande can correct course. "Directors are cautious and concerned about the re...

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Aoxin Q & M acquires 49% stake in Acumen Diagnostics for S$29.4m

indie
8 minutes

SINGAPORE, Oct 4, 2021 - (ACN Newswire via SEAPRWire.com) - Aoxin Q & M Dental Group Ltd (SGX: 1D4.SI) ("Aoxin Q & M") and Q & M Dental Group (Singapore) Limited (SGX: QC7.SI) ("Q & M"), announced today that Aoxin Q & M will acquire 49% of Acumen Diagnostics Pte. Ltd. ("Acumen Diagnostics") for a consideration of S$29.4 million. Acumen Diagnostics has a preliminary valuation of S$60 million.Diagram 1: Shareholdings upon completion of acquisition of Acumen Diagnostics by Aoxin Q & MAcquisition & ValuationAoxin Q & M has entered into a conditional sale and purchase deed with Acumen Diagnostics' shareholders, Dr Ong Siew Hwa and Acumen Holdings Pte. Ltd., to acquire their 49% shareholding in Acumen Diagnostics.The preliminary valuation of Acumen Diagnostics (upon completion of a restructuring exercise involving Acumen Research Laboratories Pte. Ltd.) is S$60 million, derived based on the latest financial statements of Acumen Diagnostics, taking into account the earnings and growth prospects of its business.The purchase consideration for the shares is S$29.4 million, to be satisfied by way of the allotment and issuance of new ordinary shares in the capit...

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AEON Credit 1H2021 Net Profit Up by 13.1% to HK$172.3 Million

indie
4 minutes

HONG KONG, Sep 28, 2021 - (ACN Newswire via SEAPRWire.com) - AEON Credit Service (Asia) Company Limited ("AEON Credit" or the "Group"; Stock Code: 00900) announced today its interim results for the six months ended 31 August 2021 ("1H2021"). Although the market remained generally uncertain in 1H2021, with the Group resuming marketing activities for AEON credit cards whilst increasing the frequency and scale of mass promotions, overall sales increased by 22.4% year-on-year. However, the increase in sales mainly resulted in progressive growth of receivable balances in the second quarter, leading to lower monthly revolving credit card balances and personal loan balances in the first half. As a result, revenue was down by 10.9% year-on-year to HK$511.6 million. Nonetheless, with relentless effort to refine credit assessment, the Group now has a better quality portfolio. Furthermore, with expectation of an improving economy and lower unemployment rate, and thanks to the Group's effective collection efforts to reduce overdue advances and receivables, impairment losses and impairment allowances decreased markedly. Consequently, the Group's profit after tax increased by 13.1% to HK$172.3 m...

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MHI is Participating in “The Group of Vienna,” an IAEA Initiative to Discuss and Promote Nuclear Technology’s Roles in Addressing Social Challenges

ruth
3 minutes

TOKYO, Sep 27, 2021 - (JCN Newswire via SEAPRWire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) is participating in "The Group of Vienna," a collaborative initiative of the International Atomic Energy Agency (IAEA) working with 13 leading companies in the nuclear industry from around the world. The Group was established at the suggestion of IAEA Director General Rafael Mariano Grossi.Through the new framework, the Group of Vienna will broadly make the public recognize the role nuclear power can play in the global transition to clean energies and also promote peaceful uses of nuclear technologies, including application of radiation technology in medical treatments and food production. The Group will discuss these and other related issues at meetings held annually. The inaugural meetingtook place in Vienna on September 22 in conjunction with the IAEA's annual General Conference. At the inaugural session, a Joint Statement was issued outlining the Group's aims, activities and founding members.MHI, as a member of the Group of Vienna, will now work closely with the IAEA and the other corporate participants in conducting activities to enable achievement of their shared goals.Joint State...

ACN Newswire

APOLLO FUTURE MOBILITY GROUP announces key executive appointments and ramping up of AFMG German innovation hub to reinforce its ESO presence

indie
5 minutes

HONG KONG, Sep 23, 2021 - (ACN Newswire via SEAPRWire.com) - Apollo Future Mobility Group Limited ("AFMG", the "Company", HKEX stock code: 860, together with subsidiaries, the "Group") announces the appointment of several key management executives who will facilitate development and strengthen the Group's presence in the core mobility business segments. Also, a new AFMG Facility, opened in Wolfsburg, Germany in May, is ramping up rapidly to reinforce the Group's presence in the engineering service outsourcing ("ESO") space.Mr. Matthew Knott has been appointed Chief Marketing Officer, effective since 20 September 2021. Mr. Thorsten Falldorf has been appointed Head of Research & Development Wolfsburg, heading the AFMG German Innovation Hub, effective since 1 May 2021. Mr. Frank Egle has been appointed Head of Software Development, effective from 1 August 2021. Mr. Knott, 52, has been specializing on targeting and serving the ultra-high-net-worth individuals customer segment ("UHNWI segment") in his most recent capacity as Global Head of Brand Communications & Channel Management for Rolls-Royce Motor Cars Limited ("Rolls-Royce"). At Rolls-Royce he led a complete rebranding exe...

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CEKD IPO shares oversubscribed by 131.61 times

indie
3 minutes

KUALA LUMPUR, Sep 21, 2021 - (ACN Newswire via SEAPRWire.com) - The shares of CEKD BERHAD ("CEKD" or the "Group") has been oversubscribed by 131.61 times ahead of the Group's listing on the ACE Market of Bursa Malaysia Securities Berhad ("Bursa Securities").Managing Director of CEKD, Ms. Yap Kai Ning"We are extremely grateful for the strong confidence our investors have in CEKD, our business, prospects and future plans. Our hard work to build a sustainable business has paid off," said Managing Director of CEKD, Ms. Yap Kai Ning.CEKD is raising RM24.28 million from the IPO exercise. From the proceeds, the Group will use RM8.8 million for the acquisition of a factory for Hotstar, RM3.0 million for purchase of new machinery, RM1.3 million for upgrade and development of computer software and server, RM4 million for repayment of bank borrowings, with the remainder to be used for marketing activities, general working capital and listing expenses."This is just the beginning of our corporate journey. The expansion plan will give a push to the growth of the Group's business," Ms. Yap explained. "This is also part of the strategy to increase automation and capacity to meet the demand of our ...

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Bluebik (SET: BBIK) debuts September 16 trading on SET

indie
4 minutes

BANGKOK, Sep 20, 2021 - (ACN Newswire via SEAPRWire.com) - Bluebik Group Pcl (SET: BBIK) debuted September 16 on the Stock Exchange of Thailand (SET) MAI (Market for Alternative Investments), highlighting its strength as the first digitalization consultancy stock to be listed and its intention to expand the business in every dimension - to strengthen personnel, advance technology and improve software - to empower organizations and to reinforce its outstanding performance.Mr. Pochara Arayakarnkul, Chief Executive Officer of Bluebik Group (SET: BBIK), speaking on First Trading Day | Sept 16 (MAI/SET).Mr Pochara Arayakarnkul, Chief Executive Officer of Bluebik Group Pcl (BBIK), said that the Company was offering its shares on the SET's MAI under the symbol "BBIK" after offering 25 million shares for subscription in the initial public offering (IPO), enthusiastically received beyond expectation. This fund-raising will help to promote financial strength to support business expansion in many dimensions and generate even stronger growth.The plan to expand the business will be carried out in six dimensions, namely:1. To enlarge personnel and enhance technological skills as well as establis...

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Hidden Gem JNBY is Ahead of the Curve

indie
4 minutes

HONG KONG, Sep 15, 2021 - (ACN Newswire via SEAPRWire.com) - JNBY Group ("Just Naturally Be Yourself" is the Group's universal brand philosophy), the most influential designer brand and fashion group in China, released its FY21 annual results on August 31. It maintained its leading position in China's fashion industry with a strong financial performance. Revenue increased 33.1% on year to RMB4.13 billion, while net profit jumped 86.7% to nearly RMB647.2 million.JNBY's remarkable recovery from the depths of the Covid-19 pandemic saw its performance surge past pre-pandemic levels. Three main business strategies that strengthen the brand's unique positioning in the rapidly changing market underscore its continued success.Dual Driving Factors of "Design" & "Brand"Since its launch in 1994, JNBY has evolved into a multi-designer brand group, while maintaining the core concept of "Just Naturally Be Yourself." Currently, JNBY operates eight brands that offer products with distinct brand styles for customers with different fashion tastes. Its brand matrix includes three categories: mature brand JNBY; younger brands CROQUIS; jnby by JNBY, and LESS; and emerging brands POMME DE TERRE, JNB...

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GBA Business School Under Edvantage Group Officially Founded, Further Expansion in the Guangdong-Hong Kong-Macao Greater Bay Area

indie
7 minutes

HONG KONG, Sep 15, 2021 - (ACN Newswire via SEAPRWire.com) - Edvantage Group Holdings Limited ("Edvantage Group" or the "Group", stock code: 0382.HK), the largest private higher education group in Guangdong-Hong Kong-Macau Greater Bay Area (the "Greater Bay Area"), is pleased to announce that GBA Business School (the "School") under the Group has been officially founded, with a grand opening and MOU signing ceremony in Conrad Hong Kong on 14 September. The officiating guests included, Dr. Jonathan Choi Koon-shum, member of the Standing Committee of the National Committee of the CPPCC and the Chairman of Guangdong-Hong Kong-Macao Bay Area Entrepreneurs Union; Professor Ambrose King Yeo-chi, the former vice-chancellor of The Chinese University of Hong Kong; Mr. Patrick Nip Tak-kuen, Secretary for the Civil Service of the Hong Kong SAR Government; Mr. Alfred Sit Wing-hang, Secretary for Innovation and Technology of the Hong Kong SAR Government; Dr. Jiang Jianxiang, Director of the Department of Educational, Scientific and Technological Affairs of the LOCPG HK; Dr. Zhang Zhihua, Director of the Youth Department of the LOCPG HK; Professor Albert Chan Sun-chi, President of Guangzhou Huas...

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Zhonghua Gas Holdings Limited Announces Signing Strategic Cooperation Agreement with Jiangsu Shagang Group for Expanding Liquefied Natural Gas Filling Station and Pipeline Gas Supply Business

indie
2 minutes

HONG KONG, Sep 15, 2021 - (ACN Newswire via SEAPRWire.com) - Zhonghua Gas Holdings Limited (the "Company"; stock code: 8246) and its subsidiaries (collectively referred to as the "Group") announced its wholly-owned subsidiary Tiancheng Jiuran (Shanghai) New Energy Co., Ltd. signs a strategic cooperation agreement with Zhangjiagang Hongchang Steel Plate Co., Ltd. , a wholly-owned subsidiary of Jiangsu Shagang Group Co., Ltd. ("Shagang Group"), to synergize resource advantages in two major areas: liquefied natural gas ("LNG") filling stations and pipeline gas supply to broaden the sales network of the Group.The Board of Directors believes that this move will enhance the Group's LNG refueling station business and the gas pipeline business as well as further expand its new energy business. Most importantly, it fosters strategic alliances with a fine enterprise for building a long-term mutual beneficiary cooperation to embrace potential opportunities ahead brought by new energy growth in future.Jiangsu Shagang Group Co., Ltd. is one of the world's well-known steel material manufacturers and comprehensive service providers. It is a key enterprise group in Jiangsu Province, a large nation...