SINGAPORE, Apr 10, 2026 - (ACN Newswire) - AIONOS, a Singapore-based enterprise AI company backed by InterGlobe Enterprises and Assago Group, is making a strong presence at GITEX AI ASIA 2026, taking place from 9 to 10 April at Marina Bay Sands, Singapore. The company’s participation reflects its increasing investment in the Asia Pacific region and its focus on helping enterprises and public-sector organizations scale production-grade AI across key markets.

Positioned as one of Asia’s largest platforms for AI, digital infrastructure, and innovation, GITEX AI ASIA brings together technology providers, governments, and enterprises to discuss the future of AI adoption across the region. At GITEX AI ASIA, AIONOS will showcase how its AI-native approach helps organizations move from pilots and experiments to systems of execution that are governed, measurable, and aligned with business outcomes in areas such as customer experience, operations, and cybersecurity.

AIONOS’ Expansion in APAC

Karunjit Kumar Dhir, Executive Vice President, ASEAN & ANZ at AIONOS, said: “As a company focused on enterprise AI, GITEX AI ASIA is a key platform as we expand our presence across Asia Pacific. Being in Singapore allows us to work much closer with regional CXOs and governments who are ready to move from experiments to enterprise-scale AI programs. The focus is on very real conversations about how AI-led systems can remove friction from operations, unlock new growth, and build more resilient digital ecosystems across ASEAN and ANZ.”

Building an AI-First Operating Model for APAC 

AIONOS’ approach is rooted in applied AI, combining intelligent systems with human-in-the-loop oversight and clear governance from day one. By embedding AI across customer journeys and internal workflows, enterprises can automate routine tasks, reduce operational friction, and enable teams to focus on higher-value work.

For organizations in Asia Pacific, this means moving from isolated AI projects to an AI-first operating model built on strong data foundations, standardized architectures, and enterprise-grade governance. AIONOS is working with regional enterprises to design these systems end to end so that AI programs are measurable from day one and capable of scaling across markets and business units.

From AI Hype to Production-Grade Enterprise Systems

Arjun Nagulapally, Chief Technology Officer of AIONOS, added: “Events like GITEX AI ASIA matter because they separate AI hype from what actually works. Across Asia, enterprises are asking how AI systems and agents can plug into their existing technology stack, operate with human-in-the-loop safeguards, and deliver measurable outcomes in months, not years. At AIONOS, conversations at this event are anchored in that reality: industry-specific AI architectures, strong governance, and production deployments that are already transforming how organizations work, not just running as proofs of concept.”

At GITEX AI ASIA, AIONOS will engage with technology and business leaders on key topics such as AI governance, responsible deployment of enterprise AI, and the operating models required to embed AI into day-to-day workflows. The company will also share case study learnings on how enterprises can orchestrate multiple AI systems across customer experience, operations, and decision support while keeping humans firmly in control.

About AIONOS

AIONOS is a Singapore-based, AI-native technology company that builds and operates enterprise AI, powered by technology and delivered by teams with deep industry context. Every engagement is guided by four principles: outcome-based, domain-specific, human-in-the-loop, and enterprise-governed.

As a joint venture between InterGlobe Enterprises and Assago Group, AIONOS brings decades of industry and aviation expertise to enterprise AI, combining deep domain knowledge with modern AI engineering, data and AI services, AI-native customer experience, cybersecurity, and growth and MarTech capabilities. Its solutions leverage machine learning, generative AI, predictive analytics, and intelligent agents to build context-aware systems that automate processes, enhance customer engagement, and support better decision-making at scale.

AIONOS’ vision is to equip enterprises with AI solutions that drive operational excellence and superior customer experiences. By aligning technology, governance, and change management, AIONOS helps organizations move beyond experimentation and unlock the next wave of AI-driven transformation.

About InterGlobe Enterprises

InterGlobe Enterprises is an Indian conglomerate with businesses across aviation, hospitality, logistics, technology, airline management, advanced pilot training, and aircraft maintenance engineering. Through its various companies, InterGlobe employs tens of thousands of professionals across more than 150 cities worldwide and has built a reputation for delivering quality and value in partnership with global brands. For more information, visit www.interglobe.com. 

About Assago Group

Assago Group is a diversified conglomerate focused on sustainability-led investments across the energy, real estate, and financial sectors. Its portfolio spans ESG-conscious alternative assets, impact investments, public and private market investments, biofuel and sustainable energy initiatives, as well as the development and management of residential, commercial, and holiday properties. For more information, visit www.assagogroup.com. 

Media contact:
komal@mianext.com 

HONG KONG, Apr 3, 2026 - (ACN Newswire) - The World Trade Organization’s latest Global Trade Outlook and Statistics report shows that Hong Kong rose to become the world’s fifth-largest trading entity in 2025, climbing two places from the preceding year. The Hong Kong Trade Development Council (HKTDC) noted that the WTO report fully demonstrated Hong Kong’s continued resilience in merchandise trade. Total trade value continued to grow robustly last year, further reinforcing Hong Kong’s position as an international trading hub. Hong Kong’s achievement is attributable to the institutional advantages under the “One Country, Two Systems” principle, as well as its free and open business environment.

This year marks the beginning of the national 15th Five-Year Plan. The Plan supports Hong Kong in better integrating into national development, consolidating and enhancing its status as an international financial, shipping and trade centre, while developing into an international innovation and technology centre and an international hub for high-calibre talent. This fully demonstrates that the “Four Centres and One Hub” positioning meets the country’s needs and builds on Hong Kong’s distinct strengths. With a global network of 51 offices, the HKTDC will continue to leverage Hong Kong’s unique advantage as a gateway linking the Chinese Mainland with the rest of the world, promoting Hong Kong as a two-way global investment and business hub. International exhibitions, conferences and business missions will also be organised to create business opportunities for companies in the Chinese Mainland and international markets.

HKTDC Media Room: https://mediaroom.hktdc.com/en

Media enquiries

Please contact the HKTDC’s Communications & Public Affairs Department:

About HKTDC

The Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus.

HONG KONG, Apr 1, 2026 - (ACN Newswire) - The Hong Kong Trade Development Council (HKTDC) will stage four flagship technology fairs this April, including InnoEX, jointly organised by the Innovation, Technology and Industry Bureau (ITIB) of the HKSAR Government and the Hong Kong Trade Development Council (HKTDC), Hong Kong Electronics Fair (Spring Edition) (EFSE), Hong Kong International Lighting Fair (Spring Edition) (LFSE) and Smart Lighting Expo (SLE), all at the Hong Kong Convention and Exhibition Centre. The four major technology fairs bring together over 3,700 exhibitors from 28 countries and regions.

InnoEX and the EFSE will be held concurrently from 13 to 16 April, showcasing a wide spectrum of innovation and technology as well as industry applications. The fairs will feature global innovation and technology achievements, cutting-edge electronic products and advanced technology solutions, driving breakthroughs across multiple sectors and offering businesses the latest market developments and collaboration opportunities. The LFSE and the SLE will take place from 20 to 23 April (Monday to Thursday), presenting the latest smart lighting solutions and innovative products. The four fairs are open to industry, investors, trade buyers and users from various sectors, including SMEs, for sourcing and networking opportunities.

Jenny Koo, Deputy Executive Director of the HKTDC, said, “As we enter the peak exhibition season in April, the HKTDC presents four major spring technology fairs, bringing together more than 3,700 exhibitors from 28 countries and regions, showcasing Hong Kong’s strengths as an international exhibition and convention hub. Proactively aligning with the National 15th Five-Year Plan and supporting the I&T policy outlined in the government’s latest Budget, both InnoEX and the EFSE will showcase AI-driven frontier technologies and market-ready applications, as well as a wide array of advanced technologies and cutting-edge electronic products, supporting Hong Kong’s development into an international I&T hub. Together with the LFSE and the SLE, these events present advanced technologies and cutting-edge products, fostering business networking and cross-sector collaboration, and continuously leverage Hong Kong’s unique advantage as a platform for ‘bringing in’ and ‘going global’.”

RoboPark brings together leading robotics companies to foster technology exchange and support global expansion

This year’s InnoEX, themed “Innovate • Automate • Elevate”, covers five key areas: AI+, Robotics, the Low-altitude Economy, Property Technology and Retail Technology. A major highlight is “RoboPark”, which makes its debut across both InnoEX and the EFSE and brings together technology companies from Hong Kong, Chinese Mainland and overseas. The zone showcases more than 100 robots across a wide range of application scenarios, covering “Commercial & Industrial”, “Health & Living”, as well as “Entertainment & Social”.

RoboPark features four of the world’s top five best-selling humanoid robot manufacturers in 2025[1], namely AgiBot, EngineAI, UBTECH and Unitree. Other exhibitors include DEEP Robotics from “Hangzhou’s Six Little Dragons”, four additional companies from “Shenzhen’s Eight Great Guardians of Embodied Intelligence” including AI² Robotics, Digit Robotics, LimX Dynamic and PaXini, together with Hong Kong start-ups Rice Robotics and SOTA Robotics. Overseas exhibitors from the United Kingdom, Singapore and more will also participate. Over the four-day exhibition period, some 40 events will be held at RoboPark, including technology demonstrations, application sharing sessions and networking platforms, helping enterprises expand into overseas markets and explore new opportunities.

This year’s InnoEX further expands its global reach, showcasing exhibitors from 21 countries and regions, including Hong Kong, Chinese Mainland, Macao, Australia, Austria, Canada, France, Germany, Hungary, India, Israel, Japan, Kazakhstan, Malaysia, the Netherlands, the Philippines, Poland, Singapore, Sri Lanka, Thailand, the United Kingdom and the United States. The Chinese mainland reinforces its presence with 17 provinces and cities, including Beijing, Shanghai, Guangzhou and Shenzhen, collectively forming 18 pavilions. These include delegations such as Zhongguancun from Beijing and Xi’an Jiaotong University, which are leveraging Hong Kong as a high-value international platform to showcase the latest technological R&D achievements and expand into overseas markets. In addition, leading Chinese Mainland technology giants, including Huawei International, China Mobile Hong Kong, iFLYTEK, Tencent Cloud International and Lenovo (Hong Kong) will also participate.

The exhibition brings together R&D achievements and innovative solutions from the government, industry, academia and research sectors. The Digital Policy Office of the HKSAR Government will once again set up a large-scale “Smart Hong Kong Pavilion”, which will showcase over 100 I&T solutions from over 20 government departments and public organisations as well as award-winning entries by local I&T sector and students from various I&T competitions. The Pavilion this year will be themed “AI+ Hong Kong” and focus on artificial intelligence (AI) application across different domains in Hong Kong, establishing eight exhibit areas namely, “AI+ Public Services”, “AI+ Medical Innovations”, “AI+ Everyday Experience”, “AI+ Robotics Innovations”, “AI+ Mobility Revolution”, “AI+ Safety and Security”, “AI+ Infrastructure Development”, and “AI+ Low-altitude Economy”.

InnoEX will, for the first time, co-organise the “Low-Altitude Economy Conference” with the Working Group on Developing the Low-Altitude Economy, bringing together industry experts to analyse policy trends and market potential, and to explore application scenarios and collaboration opportunities in Hong Kong. A dedicated Low-Altitude Economy Zone will also be set up to showcase applications of low-altitude technologies and facilitate industry collaboration. Participating companies include Transcendence, Harmony SkyTech, Damoda, among others.

All R&D centres established by the Hong Kong SAR Government will participate in InnoEX this year, including the Hong Kong Applied Science and Technology Research Institute (ASTRI) and the Nano and Advanced Materials Institute (NAMI), which officially merged on 1 April, as well as the Logistics and Supply Chain MultiTech R&D Centre (LSCM), the Hong Kong Research Institute of Textiles and Apparel (HKRITA), and the Microelectronics R&D Institute (MRDI). Cyberport, Hong Kong Science and Technology Parks Corporation and the Hong Kong-Shenzhen Innovation and Technology Park will also bring more than 40 start-ups to exhibit.

The ESFE will focus on AI-driven electronic products across three major areas: Smart Home & Solutions, Health Tech & Gadgets and Pet Intelligence. Around 50 new products will make their debut at the fair, offering buyers a one-stop sourcing platform and insights into the latest trends. The “Startup Zone” remains a key highlight, bringing together over 60 start-ups, including representatives from the Hong Kong Internet of Things, Angel Investment Foundation and Shenzhen InnoX Academy, showcasing innovative products and solutions while fostering collaboration and investment opportunities. The fair will also feature an “Immersive Experience Zone”, where local I&T companies will present immersive interactive experiences using VR, AR and XR technologies, such as “VR Dragon Boat Experience” and “Smart Tattoo Trial Machine”.

InnoEX and the ESFE will jointly host more than 100 events, covering the major themes of the two exhibitions and featuring insights from industry experts and leaders. In the area of AI+, a representative from Deloitte will share perspectives on “human-centric AI” and market developments, while an expert from Google will explore the future of smart home experiences. In the field of retail technology, the seminar “Retail 4.0: Reshaping Consumer Experiences”, co-organised by the Hong Kong Retail Management Association, will bring together companies including VISA and Tradelink. In addition, overseas government representatives will also participate and share insights. Among them, the Vice-minister of AI and Digital Development of Kazakhstan will lead a delegation to exhibit and speak, sharing the latest developments and opportunities in the country’s low-altitude economy, and offering participants an international perspective.

Twin lighting fairs gather industry leaders, “Light Lab” makes its debut as the highlight attraction

The Smart Lighting Expo and the Hong Kong International Lighting Fair (Spring Edition) are themed “Go Smart • Live Green” this year, bringing together some 900 exhibitors from Hong Kong, Chinese Mainland and overseas, with new participants from the Netherlands and Vietnam. The two fairs will gather numerous renowned brands and industry leaders, including Foshan Electrical and Lighting, a lighting provider for the China national football team; OPPLE Lighting, a winner of multiple world-class design awards offering healthy lighting solutions; Shanghai Sansi, which supplies over 60% of the display screens in Times Square, New York; and Absen, an LED display provider featured at the NBA All-Stars Games, the FIFA Qatar World Cup and Qatar Doha World Expo, and a Guinness World Record holder. These companies will showcase the latest lighting products and technologies.

This year, the fairs receive strong support from Zhongshan City, which joins as the Special Partner City for both lighting fairs, with the inaugural Zhongshan Guzhen Pavilion and the Zhongshan Henglan Pavilion making their debut at the SLE. Participating exhibitors include “Enterprise Above Designated Size” such as Bairan, Faner, and Zhongqian. The Shanghai Pudong Intelligent Lighting Association also returns to the SLE for the third consecutive year, presenting the “Intelligent Ecosystem & IoT Supply Chain Zone”, showcasing the latest solutions from well-known brands such as BWEETECH, AIDimming, Darkoo, and TYF, alongside a pavilion from Shenzhen. As for the LFSE, exhibitors include the Xiamen Pavilion, and newly participating Changzhou Zouqu District Pavilion and Zhejiang Pavilion.

A brand-new “Light Lab” will debut this year, presenting a range of smart lighting products through scenario-based design and immersive displays. Featured exhibits include products like the solar lantern by Zhongshan Faner Lighting Technology (Lumin Garden), a new series of stadium lighting by Foshan Electrical and Lighting (Lumin Arena), and the hill spotlight series by Shanghai Sansi (Lumin Gallery).

This year, the SLE will introduce a new “Smart Commercial Display and Stage Audio-visual Zone”. Industry leader Absen will showcase its latest low-carbon, energy-saving and large-format displays, which adopt innovative technologies to achieve energy savings of over 50%, supporting the outdoor advertising sector in accelerating its green transformation. The “Hall of Aurora”, a signature highlight of the LFSE, is also not to be missed. A series of events will be held during the fairs, including the “Smart Lighting Solution Forum” at the SLE and the “Asian Lighting Forum” at the LFSE, fostering industry exchange.

The Business of Innovation and Technology Week (BIT Week), driven by the ITIB and the HKTDC, will feature a series of major I&T events. In addition to InnoEX, the EFSE, and the SLE, BIT Week highlights include the 3rd Hong Kong World Youth Science Conference, organised by the Hong Kong Alumni Association of Beijing Universities, the Hong Kong Web3 Festival 2026, which focuses on internet technologies and applications, and the International Academicians Hong Kong Forum as a BIT Week event for the first time, featuring the dual themes of “Artificial Intelligence and Ageing” and “Artificial Intelligence and Education”. In addition, during the exhibition period, the World Internet Conference Asia-Pacific Summit, hosted by the World Internet Conference (WIC) and organised by the HKSAR Government and co-organised by the ITIB, will take place concurrently from 13 to 14 April. Focusing on innovation and technology in the Asia-Pacific region, the summit will promote global digital innovation and technological exchange, create synergy with BIT Week events, and further strengthen Hong Kong’s position as a regional digital hub and an international I&T centre.

[1] Source: Omdia Market Radar: General-purpose Embodied Intelligent Robots, 2026, published on 8 January 2026.

Photo download: https://bit.ly/4cn3oPV

Websites

- InnoEX: innoex.hktdc.com/tc
- Hong Kong Electronics Fair (Spring Edition): hkelectronicsfairse.hktdc.com/tc
- Hong Kong International Lighting Fair (Spring Edition): hklightingfairse.hktdc.com/tc
- Smart Lighting Expo: smartlightingexpo.hktdc.com/tc

Media enquiries

Yuan Tung Financial Relations:
Salina Cheng Tel: (852) 3428 2362 Email: salcheng@yuantung.com.hk
Tiffany Leung Tel: (852) 3428 2361 Email: tleung@yuantung.com.hk

HKTDC’s Communications & Public Affairs Department:
Stanley So Tel: (852) 2584 4049 Email: stanley.hp.so@hktdc.org
Navin Law Tel: (852) 2584 4525 Email: navin.cm.law@hktdc.org
Serena Cheung Tel: (852) 2584 4272 Email: serena.hm.cheung@hktdc.org

About HKTDC

The Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels.

HONG KONG, Mar 31, 2026 - (ACN Newswire) - Amid ongoing global trade and economic uncertainties, Hong Kong exporters have adopted a more cautious stance in the first quarter of 2026, despite a strong export performance in the last few months, according to new research from the Hong Kong Trade Development Council (HKTDC). The HKTDC 1Q26 Export Confidence Index, released today, showed moderate declines for two key indicators, the Current Performance Index and the Expectation Index. For 1Q26, the Current Performance Index stood at 46.5. Meanwhile, the Expectation Index returned a figure of 46.9, reflecting caution among survey respondents in light of the uncertain external environment.

Trade value expectations, however, remained relatively steady. The Trade Value Sub-Index stayed near the neutral threshold, with the Current reading at 50.9 and the Expectation reading at 49.1. This suggests that unit prices are expected to hold firm in the next few months. Meanwhile, both the Current and Expected Inventory Sub-Index rose above 60, indicating inventory rundown amid growing shipments in the early months of the year.

Market outlook: Cautious optimism

Commenting on the findings, HKTDC Director of Research, Bruce Pang, said: “The outlook for many of Hong Kong’s major markets has moderated somewhat, including the ASEAN bloc and the Chinese Mainland, largely on account of ongoing geopolitical developments. In the longer term, however, fundamental demand – especially for electronics and other consumer sectors – remains resilient. Hong Kong’s trade prospects should stay positive, yet remain cautious, pending the further easing of global geopolitical conflicts.”

Sector performance: Jewellery and clothing outperform

Despite the overall softening, several key sectors outperformed the overall Index. Most notably, the jewellery sector rallied impressively, supported by robust sales and sizeable new orders. The jewellery sector’s Current reading climbed to 57.1 (up 5.9), while its Expectation reading rose to 56.0 (up 1.1). The clothing sector also showed considerable improvement, with its Current Index rising to 52.1 (up 6.1) and its Expectation Index increasing by 9.2 points to 53.4. However, sentiment among electronics exporters weakened, with a Current reading of 44.9 and an Expectation reading of 45.6, signalling disruptions over the Chinese New Year period.

Cost pressures showed signs of stabilising. Although still in negative territory, the Cost Sub-Index improved significantly, with the Current reading rising 15.2 points to 38.1 and its Expectation reading up by 8.5 points to 41.3. This indicates potential sustained relief from cost pressures, despite recent surges in oil and energy prices triggered by developments in the Middle East. The impact of the recent conflict in the region was not factored into this survey as the fieldwork was carried out in January and February.

E-commerce as a growing sales channel

As part of the same survey, HKTDC Research also conducted a thematic assessment of Hong Kong exporters’ cross-border e-commerce business. The findings showed that 46% of respondents were already engaged in cross-border e-commerce, while a further 20% plan to enter the sector within the coming year. Among companies already engaged in cross-border e-commerce, the Chinese Mainland ranked as the leading e-commerce sales destination (24%), followed by the EU27 & UK (17%) and Canada & the US (15%), while the ASEAN bloc (14%) continued to emerge as a promising market with notable growth potential.

Kenneth Lee, HKTDC Section Head of Special Project & Business Advisory, added: “Market diversification remains a key strategy for Hong Kong traders to mitigate risks. At the same time, more companies are leveraging e-commerce channels to boost sales and enhance business sustainability amid an uncertain external environment.”

References

• HKTDC Export Confidence Index 1Q26: Hong Kong Exporters Stay Cautious Amid Uncertaintieshttps://research.hktdc.com/en/article/MjI4MDE5MDc3OQ
• HKTDC Research website: https://research.hktdc.com/en/

Photo download: https://bit.ly/4s5kh7o

Media enquiries

Please contact the HKTDC’s Communications and Public Affairs Department:

About HKTDCThe Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. 

TOKYO and TAIPEI, Mar 31, 2026 - (ACN Newswire) - JCB Co., Ltd., the only international payment brand originating from Japan, together with its international operations subsidiary, JCB International Co., Ltd. (collectively, “JCB”), today announced that JCB-branded credit cards issued by Union Bank of Taiwan and Bank SinoPac will, for the first time outside Japan, support JCB Contactless payments via Google Pay, starting from March 31, 2026.

About Google Pay

Google Pay is a contactless mobile payment service available on Android™ smartphones and other compatible devices. By adding credit cards or other payment methods, users can make payments conveniently using their smartphones and other devices. With built-in authentication, transaction encryption, and fraud protection, Google Pay helps keep your money and personal information safe.

> Learn more about Google Pay (URL)

Google Pay requires the Google Wallet app to be downloaded.
Android, Google Pay, and Google Wallet are trademarks of Google LLC.

About JCB Contactless Payments

JCB Contactless is a contactless payment solution that enables cardmembers to complete payments simply by tapping their JCB Contactless-enabled cards, or smartphones with JCB Cards registered, on compatible contactless terminals. JCB Contactless can be used at a wide range of merchants and public transportation systems in Japan and overseas.

For payments above a certain amount, cardmembers may be required to verify their identity by providing a signature or by inserting the card and entering a PIN, depending on the transaction conditions.

> Learn more about JCB Contactless

About Union Bank of Taiwan and Bank SinoPac

Union Bank of Taiwan and Bank SinoPac provide comprehensive financial services in Taiwan, including the issuance of credit and debit cards.
JCB has partnered with Union Bank of Taiwan since 2000 and with Bank SinoPac since 1998 to issue JCB-branded credit cards, and both banks have issued a substantial number of JCB Cards in the Taiwanese market.

About JCB

JCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 71 million merchants around the world. JCB Cards are now issued mainly in Asian countries and territories, with more than 175 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/

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

PHILADELPHIA, PA, Mar 30, 2026 - (ACN Newswire) - A new international report released today by TruMerit™ calls for a fundamental redesign of healthcare workforce models to address global staffing shortages and strengthen patient care. The report, "Safe Staffing Through New Models of Care," presents a systems-based framework to help health leaders, regulators, and policymakers rethink how care teams are structured, how clinicians work together, and how technology can support safer and more sustainable care delivery.

Developed by an international taskforce of health system leaders, regulators, academic experts, and clinical innovators, the report emphasizes that solving workforce shortages requires more than simply increasing the number of clinicians. Instead, it calls for modernizing care delivery models to enable health professionals to practice to the full extent of their training, expand interprofessional teamwork, and integrate digital health technologies.

"The global health workforce crisis cannot be solved simply by adding more clinicians," said Peter Preziosi, PhD, RN, CAE, FAAN, President and CEO of TruMerit. "Safe staffing requires a systems view of how care is delivered. This framework provides guideposts for policymakers and health system leaders to align workforce policy, service delivery, and outcomes - so care teams can meet patient needs safely, sustainably, and in ways that reflect local realities."

The framework outlined in the report is organized around three interconnected domains:

• Systems and Inputs: regulatory policies, workforce infrastructure, and education systems
• Service Delivery: team-based care, hybrid staffing models, telehealth, and AI-supported workflows
• Outputs and Outcomes: workforce sustainability, patient safety, improved access, and cost effectiveness

Together, these components create a continuous cycle of improvement that allows health systems to adapt to evolving population health needs. Healthcare systems around the world are facing unprecedented challenges, including aging populations, increasing rates of chronic disease, workforce burnout, and uneven distribution of healthcare workers. At the same time, advances in digital health, telemedicine, and data analytics are creating new opportunities to expand access to care and improve efficiency.

"The future of safe staffing depends on embracing innovation while protecting the integrity and well-being of the healthcare workforce," said Sylvain Trepanier, DNP, RN, CENP, FAONL, FAAN, Chief Nurse Executive at Providence and Chair of the Taskforce on Safe Staffing through New Models of Care. "This report demonstrates how health systems can move beyond traditional staffing models toward collaborative, technology-enabled care teams that empower nurses and other health professionals while improving patient outcomes."

The report includes global case studies highlighting successful models of care from multiple countries, demonstrating measurable improvements in patient outcomes, workforce retention, and health system efficiency. It is intended to serve as a strategic resource for health system leaders, ministries of health, regulators, academic institutions, and global workforce policymakers.

Download and read the report.

About TruMerit

TruMerit is a worldwide leader in healthcare workforce development with nearly 50 years of experience supporting the mobility of nurses and other healthcare workers. Formerly CGFNS International, TruMerit validates the education, training, and professional experience of internationally educated health professionals seeking authorization to practice in the United States and other countries. Through its expanded mission and the Global Health Workforce Development Institute, TruMerit advances research, standards, and certifications that strengthen the global health workforce and promote equitable, sustainable career mobility.

Media Contact
LEA SIMS
Chief Marketing & Communications Officer
TruMerit
media@trumerit.org

SOURCE: TruMerit

- Revenue: RMB1,622.4 million, representing a year-on-year increase of 40.5%

- Net Profit: RMB106.1 million, representing a year-on-year increase of 74.8%

- Adjusted Net Profit (a non-IFRS measure): RMB135.4 million, representing a year-on-year increase of 111.9%

- In 2025, the Group opened 156 new restaurants, comprising 134 self-operated restaurants and 22 franchised restaurants

- As of December 31, 2025, the Group operated 395 self-operated restaurants and 92 franchised restaurants across 24 cities in Mainland China, 15 restaurants in the Hong Kong Special Administrative Region and 1 restaurant in Singapore

HONG KONG, Mar 30, 2026 - (ACN Newswire) - Guangzhou Xiao Noodles Catering Management Co., Ltd. (the “Company” or “Xiao Noodles”; Stock Code: 2408.HK) is pleased to announce that the board of directors of the Company announces the unaudited consolidated results of the Company and its subsidiaries (the “Group”) for the year ended 31 December 2025 (the “Reporting Period”).

As the “First-listed Chinese Noodle Restaurant” on the Hong Kong Stock Exchange, the Group leveraged its standardized operational system and core product strengths in 2025 to comprehensively drive store expansion and optimize its business portfolio. Through synergies across its business segments, the Group achieved significant revenue growth during a period of profound industry restructuring.

During the Reporting Period, the Group generated revenue of RMB1,622.4 million, representing a year-on-year increase of 40.5%; net profit reached RMB106.1 million, up 74.8% year-on-year; and adjusted net profit (a non-IFRS measure) amounted to RMB135.4 million, up 111.9% year-on-year. In 2025, the Group opened 156 new restaurants, including 134 self-operated restaurants and 22 franchised restaurants. As of December 31, 2025, the Group operated a total of 503 restaurants, comprising 395 self-operated and 92 franchised restaurants across 24 cities in mainland China, 15 restaurants in the Hong Kong Special Administrative Region, and one restaurant in Singapore, marking significant expansion achievements.

Steady Growth in Self-operated Restaurants, Reinforcing the Core Business

The Group’s revenue primarily comes from self-operated restaurants operation and franchised restaurants management. Self-operated restaurants serve as the core revenue pillar, while franchised restaurants emerged as a new growth engine. The synergistic efforts of these two business segments are driving the Group’s continued improvement in profitability.

In terms of self-operated restaurant business, in 2025, the operational quality and efficiency of self-operated restaurants continued to improve, with core operational indicators delivering outstanding performance. The Group’s revenue from self-operated restaurant operations increased from RMB1,001.0 million in 2024 by 44.9% to RMB1,450.2 million in 2025, primarily attributable to the increase in the number of self-operated restaurants. Revenue from self-operated restaurant operations as a percentage of total revenue increased from 86.7% in 2024 to 89.4% in 2025. In addition, revenue from delivery business as a percentage of total revenue increased rapidly from 15.6% for the year ended December 31, 2024 to 23.3% for the year ended December 31, 2025.

During the Reporting Period, the average spending per order at the Group’s self-operated restaurants amounted to RMB29.9, remaining stable, while average daily orders per restaurant increased from 386 orders in 2024 to 406 orders in 2025, demonstrating improved customer attraction.

In terms of same-store operating performance, it remained robust, with same-store sales amounting to RMB745.612 million, representing a year-on-year increase of 1.0› average daily orders per same store increased from 391 orders in 2024 to 427 orders in 2025, and the average spending per order at same stores was RMB29.4, remaining stable.

In terms of franchised restaurants, in 2025, the Group’s franchised restaurant operations delivered excellent performance, with improvements across various core indicators. The Group’s revenue from franchise management increased from RMB152.5 million in 2024 by 12.3% to RMB171.3 million in 2025, primarily attributable to the increase in the number of restaurants.

Steady Progress in Domestic and Overseas Expansion to Actively Explore New Growth Opportunities

While maintaining the steady development of its existing business, the Group has actively expanded its business to the Hong Kong Special Administrative Region and overseas markets, steadily increasing market penetration and seeking new growth opportunities.

As of December 31, 2025, the Group had successfully opened 15 restaurants in the Hong Kong Special Administrative Region and one restaurant in Singapore, marking initial achievements in its overseas market layout. During the Reporting Period, the Hong Kong market delivered an outstanding overall operating performance with remarkable results in regional expansion. Going forward, the Group plans to further expand into Southeast Asia to enhance its brand recognition, optimize its market layout, and drive long-term, steady and diversified revenue growth.

Future Outlook

Looking ahead to 2026, driven by a series of national policies to stabilize the economy and promote growth, China’s domestic economy and consumer market are expected to continue their recovery, with residents’ consumption capacity and confidence further strengthened, injecting strong impetus into the development of the Chinese fast food industry.

Against this backdrop, the Group will firmly seize market opportunities, leverage its brand advantage as the "First-listed Chinese Noodle Restaurant", and promote the expansion of its restaurant network, with plans to open 150 to 180 new restaurants in 2026. Meanwhile, the Group will continue to increase investment in brand building to deepen brand recognition and influence, steadily advance its overseas market expansion, consolidate its leading position in the Chinese noodle restaurant segment, and strive to create greater value for shareholders.

About Guangzhou Xiao Noodles Catering Management Co., Ltd.

Guangzhou Xiao Noodles Catering Management Co., Ltd. is a Chinese noodle restaurants operator in China. We operate the Xiao Noodles brand in the Chinese Mainland and Hong Kong SAR. Our restaurant network encompassed 395 self-operated restaurants and 92 franchised restaurants across 24 cities in the Chinese Mainland and 15 restaurants in Hong Kong SAR and one restaurant in Singapore as of December 31, 2025. According to Frost & Sullivan, the Company ranked fourth largest Chinese noodle restaurants operator in China in terms of GMV in 2024. Based on the same source, we ranked the thirteenth in the overall Chinese QSR market in terms of GMV in 2024.

HONG KONG, Mar 30, 2026 - (ACN Newswire) - JS Global Lifestyle Company Limited (Stock Code: 1691.HK) ("JS Global" or the "Group") has announced its annual results for 2025, reporting revenue of USD1.66 billion, representing a year-on-year increase of 4.1%. Gross profit was USD534 million, up 4.6% year-on-year, with gross profit margin improving to 32.2%. On an adjusted basis, the Group’s revenue from third parties reached USD1.565 billion, an increase of 14.8% year-on-year, while adjusted net profit was USD31.10 million, up 338.0% year-on-year. This demonstrates the very strong performance of the Group’s core operations and a clear improvement in profitability on an adjusted basis.

In 2025, the SharkNinja APAC segment delivered strong growth, mainly driven by continued market share gains of its core product categories, successful expansion into new product categories and rapid entry into new markets. For example, in the cordless vacuum cleaner market in Japan, the brand strength and product competitiveness of Shark continued to improve. At the same time, the Group continued to launch new products in the Japan market, such as upgraded portable blenders and new cooking appliances, further enriching Ninja’s product portfolio in Japan. The Group’s core categories in Australia and New Zealand also continued to perform well, mainly benefiting from the strong performance of new products such as cordless vacuum cleaners, ice beverage makers and coffee machines. In other countries and regions in Asia Pacific, the Group is also actively expanding, accelerating its layout and development in emerging markets.

In 2025, the Joyoung segment achieved modest growth in domestic sales revenue, mainly driven by the contribution of differentiated new products and product mix optimisation, and realised a recovery in profitability through initiatives such as tighter control of selling expenses and improved marketing efficiency. Various “trade-in of old for new” and “government subsidy” policies launched by different levels of government in China boosted demand for certain mid- to high-end products. In response, Joyoung promptly launched its “Space Series” of new products, which focus on key value propositions such as high quality, stylish design, outstanding value-for-money and health and wellness, enhancing consumers’ quality of life while better addressing their emotional needs.

Overall, in 2025, while maintaining steady revenue growth, JS Global further strengthened the growth potential and earnings resilience of its principal businesses.

Over the past year, the global economy has been marked by complexity and volatility, with heightened uncertainties arising from geopolitical tensions, inflation and exchange rate fluctuations. Compounded by intensifying competition amid a contracting domestic infant milk formula (IMF) market, the industry has faced multiple severe challenges. Against this backdrop, Ausnutria has maintained its strategic resolve, deepening its core strengths. The Company's international business has continued to unleash its growth momentum, while the Family Nutrition business has flourished across multiple fronts. Market share in core milk powder categories has steadily increased, and the level of refined management has improved significantly. Through these multi-dimensional efforts to enhance operational resilience, Ausnutria has laid a solid foundation for its long-term development.

Kabrita International Business Approaches RMB1 Billion Mark with CAGR Exceeding 50% for Three Consecutive Years

In 2025, Ausnutria further accelerated its internationalization efforts, continuously strengthening its comprehensive capabilities in global supply chain deployment, localised operations and digital collaboration, driving continued explosive growth in its overseas business. During the reporting period, revenue from the international business of Ausnutria's goat milk formula brand Kabrita recorded a year-on-year increase of 50.7% to approximately RMB974 million, making it the first infant goat milk formula brand from a Chinese dairy company to approach RMB1 billion in overseas sales. With a compound annual growth rate exceeding 50% for three consecutive years, the growing contribution of overseas markets has become increasingly prominent.

Revenue from the Middle East market recorded a year-on-year increase of 65.5%, accounting for 45.7% of total overseas revenue and maintaining its position as Ausnutria's largest overseas sales market. Growth in this region was primarily driven by strong performance across established markets including Saudi Arabia, the UAE, Qatar and Kuwait, where the Company strengthened its promotion through medical and healthcare professional channels, continuously enhancing the medical endorsement of its goat milk formula products in these markets. Saudi Arabia delivered a particularly outstanding performance, leveraging deep collaborations with local maternity, infant care and medical institutions to effectively boost consumer acceptance and market penetration. Notably, Kabrita was awarded the "Fastest Growing Brand" accolade by Nahdi, the largest pharmacy retailer in the country. The newly entered Oman market in 2025 also exceeded expectations, injecting fresh momentum into the Company's growth.

Revenue from the Commonwealth of Independent States (CIS) market recorded a year-on-year increase of 40.1%, accounting for 23.9% of total overseas revenue. As one of the Company's earliest overseas markets, the CIS market has achieved full product category coverage for Kabrita, encompassing infant formula, cereals, fruit purees, biscuits and more, comprehensively meeting the diverse consumer needs in the region. Through its "360° Omni-channel Marketing" strategy and "DTC Loyalty Program", the Company has engaged target consumers in a distinctive manner, building high value-added brand recognition and continuously consolidating and strengthening its core competitiveness in this market.

Revenue from the North American market recorded a year-on-year increase of 39.5%, accounting for 22.2% of total overseas revenue. In 2025, Kabrita successfully entered Walmart, the largest retailer in the United States, and has now expanded into 780 stores, progressively developing both online and offline channels to reach a broader consumer base. In the newly entered Canadian market, the Company has been deepening its presence through the core Walmart channel while gradually building momentum on Amazon.

In addition, the Company achieved 100% year-on-year growth in the Southeast Asian market by strengthening product differentiation through formula upgrades, with a particular focus on advancing digital community engagement and deepening collaboration with e-commerce channels and local platforms.

Family Nutrition Achieves Steady Growth, Building Multi-dimensional Foundations for Future Success

As the Company's continuously nurtured "second growth curve" business, Ausnutria's nutrition products business achieved steady growth in 2025, with revenue recording a year-on-year increase of 5.2%. According to the announcement, this revenue growth was primarily attributable to continuous innovation in star probiotic strains and products, precise execution of channel strategies, and the sustained release of brand equity.

Research-driven brand development. Ausnutria entered into a six-year strategic partnership with Jiangnan University, establishing the Joint Innovation Centre for Microecology and Functional Dairy as well as the Collaborative Innovation Centre for Probiotics, embarking on a new chapter of full-chain innovation collaboration. In the B2B segment, the Company achieved several key breakthroughs in probiotic strains: Bifidobacterium longum subsp. infantis YLGB-1496 was approved by the National Health Commission (NHC) for inclusion in the list of edible bacterial strains for infants and young children. With this approval, Ausnutria now possesses two nationally approved infant probiotic strains, earning its distinction as the "double champion" in China's infant probiotics field. Additionally, the independently developed Bifidobacterium animalis subsp. lactis CP-9 obtained the U.S. FDA GRAS (Generally Recognized as Safe) certification, marking Ausnutria's achievement of world-leading standards in research innovation and quality control. The continuous breakthroughs in strain technology provide strong and enduring core momentum for brand development. In the B2C segment in 2025, NC Stomach Care Powder and NC Nasal Comfort Probiotics maintained top rankings in category search popularity on Xiaohongshu. As certified by Euromonitor International, NC was awarded the title of "No.1 in National Sales of Australian Brand Nasal Sensitivity Probiotics".

Innovation in response to emerging consumer demands. Bio(R) (Baoyichang(R)) Active Lactic Acid Bacteria Powder introduced a mini space capsule design, setting new aesthetic standards for probiotic products. Yili Changshi Probiotics, formulated with the patented BL-99 strain, achieved a top position on e-commerce bestseller lists. Diversified dosage form solutions, including instant-dissolve powder and micro-effervescent tablets, have effectively enhanced the product competitiveness of business partners. Throughout the year, NC launched 17 new products including G13 Growth Capsules and Sleep Well Probiotics, building a precision nutrition matrix covering gastrointestinal health, nasal sensitivity, sleep, growth, eye and brain health, liver and kidney health, and women's health.

Channel upgrades fueling business development. The Company continued to deepen its presence in pharmaceutical channels, achieving simultaneous growth in both scale and pace of expansion. Collaboration with leading platforms was further strengthened, driving rapid growth in private domain e-commerce. The application of star probiotic strains was reinforced, enabling continued expansion of brand clientele. The Company also made breakthroughs in overseas market reach by expanding into European and North American markets. NC achieved steady growth on mainstream e-commerce platforms such as Tmall and JD.com, with the Stomach Care and Nasal Comfort product lines becoming leading brands in the cross-border health supplement category through channels such as Sam's Club and China Duty Free (CDF). The Company partnered with XKA and Fengxiangjia to develop its private domain presence, building an incremental online growth matrix. Offline, the Company consolidated its core client base, expanded into potential customer segments, and achieved initial results from pharmaceutical channel pilot programmes, laying a solid foundation for diversified business development.

Domestic Milk Powder Business Steadily Increases Market Share, Solidifying Core Fundamentals

China's infant milk formula (IMF) industry is currently undergoing a period of deep structural adjustment, facing multiple pressures including overall market contraction, intensifying competition, and channel transformation, while birth rate fundamentals and channel structure remain under sustained pressure. During the reporting period, Ausnutria solidified its core fundamentals amid cyclical industry challenges, achieving steady growth in market share for its self-owned milk powder brands and recording overall revenue of approximately RMB5.321 billion.

According to NielsenIQ and Syntun data, Kabrita's market share in China's all-channel Goat Milk formula market increased by 2.6 percentage points to 30.2% in 2025. NielsenIQ data further shows that Kabrita has maintained a market share of over 60% in China's imported infant and child goat milk formula market for eight consecutive years (2018–2025). Confirmed by Frost & Sullivan research, Kabrita continues to hold the undisputed position of "No.1 in Global Goat Milk Formula by Both Sales Volume and Sales Value", underscoring its unassailable market leadership.

NielsenIQ data also indicates that the Company's cow milk formula business has stabilised its market share, marking the full conclusion of the transitional impact arising from earlier internal integration and channel restructuring. As of the date of this announcement, Ausnutria's Hyproca brand has been awarded dual certifications by iiMedia Research, namely "No.1 in National Sales of Comprehensive Nutrition Infant Formula in 2025" and "Pioneer of Comprehensive Nutrition Infant Formula in China", marking the third consecutive year that Hyproca has topped the comprehensive nutrition formula sales rankings.

In 2025, the Company successfully completed the registration of 24 products across 8 series under the New National Standard 2.0 and launched 6 infant formula products across 2 series as well as 25 modulated milk powder products, offering consumers a wider range of functionalised and differentiated product choices. Kabrita was awarded the First Prize for Technological Advancement at the Science and Technology Awards for its research and development project titled "Research and Development of an Infant Formula that Supports Immune Regulation and Alleviates Immune Stress". Meanwhile, Hyproca 1897 was recognized as a "100% Quality Product", with the Company's product strength receiving authoritative endorsement.

Lean Management Enhances Quality and Efficiency, Organizational Vitality Continues to Flourish

In 2025, Ausnutria continued to solidify the foundation for long-term development and achieve simultaneous improvements in organizational efficiency and development quality through a series of initiatives, including fully leveraging the momentum of its global supply chain, strengthening internal management effectiveness, establishing the cultural foundation for global collaboration, advancing the construction of its digital intelligence system, and enhancing its sustainable development governance capabilities.

Global supply chain momentum unlocks new value growth opportunities. Following Ausnutria's acquisition of Amalthea Group, a Dutch goat cheese company, the Company achieved self-sufficiency in goat whey, a core ingredient for goat milk formula, while also adding cheese to its product portfolio. In 2025, the Company's Goat Cheese business recorded revenue of RMB1.006 billion, further deepening the moat of its internationalization strategy. Concurrently, the Company launched four major goat-based ingredients: goat cheese protein hydrolysate, hydrolyzed goat whey protein powder, goat lactoferrin, and goat colostrum powder. Several of these core goat milk ingredients achieved breakthroughs in commercially viable global applications from scratch, opening up new avenues for value creation for the Company.

Internal management effectiveness strengthened to systematically drive sound operations. In 2025, the Company's inventory impairment provisions decreased by 0.9 percentage points year-on-year. Overall asset turnover ratio continued to improve, with inventory turnover days declining by 16 days. The Company continued to advance refined cost management, achieving a notable optimization in its expense ratio, which decreased by 1.4 percentage points year-on-year, with the selling and marketing expense ratio declining by 2.4 percentage points year-on-year.

Global systematization of business philosophy to strengthen global strategic synergy. To better align with the pace of business development and reinforce Ausnutria's "one global chessboard" strategic approach, the Company officially released the "Ausnutria Business Philosophy (Overseas Edition)". Co-created through multiple rounds of in-depth discussions among over 60 core managers from Ausnutria's global operations, this business philosophy systematically establishes the core values and management principles for Ausnutria's overseas business. It serves as a tailor-made cultural compass and behavioral benchmark for overseas teams, laying a solid ideological foundation for future business development.

Full-chain digital intelligence upgrade, empowering both business and management. The Company has introduced digital intelligence across all stages, from demand research and process design to implementation and execution, enabling traceable decision-making, monitorable processes and quantifiable results. Through the establishment of a data middle platform, intelligent analytical models and other tools, data has become the core enabler for optimising management and supporting business operations, fundamentally safeguarding the sustained and healthy development of the business.

Upholding sustainable development principles and actively fulfilling corporate social responsibility. The Company has always adhered to a long-term vision for sustainable development, actively responding to the United Nations Sustainable Development Goals. Centred on three strategic pillars "Better Life, Better Nutrition, Better Environment” the Company has embedded sustainability principles into its operational management framework and across all stages of the value chain. In 2025, Ausnutria organized the "Hyproca Gesang Flower Charity Campaign" for the ninth consecutive year and launched the "Kabrita Care · Worry-free Pregnancy" maternal mental health charity initiative, among other activities. The Company has continued to contribute its corporate strengths in areas such as rural revitalization, education support, national nutrition enhancement and natural disaster relief.

In 2025, with the support of consumers, shareholders and all sectors of society worldwide, together with the dedicated efforts of all employees, the Company successfully navigated the multiple challenges arising from economic and industry cyclical adjustments. Looking ahead to 2026, the internal and external environment remains complex and challenging. Ausnutria will continue to put consumers at the center, stay anchored to its operational objectives, accelerate systematic organizational development, drive growth through innovation, enhance efficiency through management excellence, and deliver superior products and performance to reward the trust of all stakeholders, in pursuit of long-term sustainable and high-quality development.

Financial Highlights (Audited)

HONG KONG, Mar 26, 2026 - (ACN Newswire) - Dynasty Fine Wines Group Limited (“Dynasty” or “the Group”) (Stock Code: 00828), a premier grape winemaker in China, today announced its audited annual results for the year ended 31 December 2025 (“the Year”).

In 2025, due to the impact of macroeconomy as well as weak demand in wine consumer market in the PRC, the Group’s sales of medium to high-end products significantly declined, resulting in a 37% year-on-year decrease in revenue to HK$170.0 million. In addition, due to the decline in sales revenue and gross margin, as well as an increase in loss allowances for trade receivables owing to extended repayment from certain distributors, the profit attributable to owners of the Company decreased by 59% year-on-year to approximately HK$13.7 million, although such decrease in profit was already partly offset by a net gain on compensatory surrender recognised during the year. Earnings per share of the Company was HK0.97 cents per Share.

With strengthened marketing effort for dry white in coastal region and the launch of new white wine and sparkling wine products, sales of white wine products served as the Group’s primary revenue contributor. Sales of red and white wines products accounted for approximately 39% and 54% of the revenue respectively for the year (2024: approximately 41% and 56% respectively). The gross margin of red wine products and white wine products in 2025 were 25% and 35% respectively (2024: 36% and 41% respectively). The overall gross profit margin decreased to 31% in 2025 (2024: 39%), mainly due to change in product mix with more products with lower prices and margin in response to market dynamics and needs during the year.

The Group has been actively pursuing innovation, embracing the “5+4+N” product strategy, with “N” standing for developing various customised products and continuously creating new products to meet the diverse needs of different Chinese consumer groups. During the year, the Group launched a new gift set product, i.e. Dynasty Chinese Zodiac Commemorative Dry Red Wine for the Yi Si Year of Snake, integrating with the Chinese zodiac culture and the leading rise of Chinese-style fashionable products, by presenting the zodiac culture in a youthful visual language to attract potential consumers. In addition, based on its existing high-quality products, the Group continues to introduce new products and promote product upgrades. The Group participated in the 112th China Food & Drinks Fair in March 2025, introducing new products such as Tianyang Tea-flavoured wine series, Dynasty Baifu VSOP brandy, etc., to further improve its product matrix and provide consumers with diverse consumption choices. Breaking through from the constraints of traditional wine, this tea-flavoured wine series, with its core concept of “tea and wine fusion,” has captured market attention with its unique craftsmanship. During the China Food & Drinks Fair, the Group also held wine-tasting events, where the new wines from Dynasty Ningxia Winery won industry praise for their unique flavor and exquisite craftsmanship. In the second half of the year, the Group also introduced new products “Hi” tea-flavoured wine series in response to the market need, which are very suitable for ready-to-drink scenarios among young consumers.

In addition to enriching the product matrix, the Group has been closely cooperating with distributors, pressing ahead with its marketing campaign, accelerating the innovation of consumption scenarios, and enhancing and strengthening the wine cultural experience. The Group held its national tour tasting and business events, new products launch ceremonies at various exhibitions and wine fairs, as well as promotion activities for the 20th anniversary of listing in Hong Kong, during which the Group actively promoted its latest product mix that covered all product lines.

During the year, two joint venture companies approved by the Group were established in February 2025, for the manufacturing and sales of yellow wine and Chenpi wine and trading of sauce-flavour baijiu products nationwide in the PRC respectively. For the yellow wine project, installation and testing of production equipment of a manufacturing plant with a tank capacity of 3,000 tonnes of yellow wine and special yellow wine – Chenpi wine in Jiangsu is expected to be completed in the second half of 2026. Upon completion of the project, the Group will be able to produce special yellow wine – Dongtai Chenpi Wine which allows the Group to effectively expand product categories, seize development opportunities in the Chinese yellow wine industry. The project expansion aims to effectively implement Dynasty’s strategic plan, further improving the industrial layout, expanding category tracks, tapping into industry potential, creating new performance growth points, and realising Dynasty Group’s transformation into a full category, full industry-chain enterprise. For the sauce-flavour baijiu segment, Dynasty sauce-flavour baijiu products, namely ‘Han’, ‘Tang’, ‘Song’ and ‘Ming’ have been newly launched in the core-market in Tianjin and Shanghai and will be further strategically promoted to other regions in 2026. The sauce-flavour baijiu products satisfy the needs of customer groups with different spending habits and contributing to the Group’s business. In the future, the continuous development and expansion of the sauce-flavour baijiu industry and the improvement of the level of customer groups will inevitably and effectively drive the increase in the sales scale of Dynasty wine and related products, thereby enhancing our industry influence and brand awareness.

Regarding online sales, the e-commerce team of the Group comprehensively operates online stores itself on the traditional e-commerce platforms, such as JD.com, Tmall and Pinduoduo  for product sales, as well as comprehensive innovation on its brand, product categories, and business systems, procedures and models via interest-based e-commerce platforms, including Rednote, Kuai and TikTok. The Group continues investing resources in a timely manner for improvement of the online sales channels and optimisation of online stores interface so as to capture the change of customer consumption behaviour in the PRC. The Group jointly develops exclusive products with leading e-commerce platforms, and promote AI livestreaming models in various channels to increase brand exposure and livestreaming sales, adopts big data analysis to accurately understand consumer demand, and injects strong momentum into the continued expansion of market scale. To establish an online brand matrix, the Group selected and authorised new online distributors during the year. The Group believes that the online platforms not only serve as business-to-customer trading platforms between the Group and the consumers, but also additional marketing and promotion channels for the brand, which can enhance the overall business potential of the Group.

During the year, the Group had boasted brilliant results in major wine appraisal competitions. Among the numerous awards, “Dynasty Jin. Y Brandy XO barrel-aged 12 years” has won the Silver Award, at the 2025 International Wine & Spirit Competition (“IWSC”). The competition is considered the international standard for wine and spirits quality. Dynasty Baifu VSOP Brandy, Golden Dynasty Marselan Dry Red Wine, as well as Tianyang Tea Wine series are also awarded at the “2024 Qingzhuo Awards” in respective categories by China Alcoholic Beverages Association. “Dynasty Mengyuan White wine” has also won the Grand Gold Medal at the France International Wine Awards (“FIWA”) China region, Spring 2025 for its excellent quality. In addition, “Dynasty Inherit series – Dry Red Wine” has garnered the Gold Award at the same competition. These wines stood out from other entries for their elegant aroma, smooth body and round taste, and won the awards at the competitions, showing the charm and strengths of Dynasty wines to the country and the world. Dynasty has won the Silver Medal in the Sparkling Wine/China category, the Silver Medal in the Dry Wine/China category, and the Bronze Medal in the Medium/China category for its Dynasty Tianyang Winery Jasmine Sparkling Wine, Dynasty Inherit Series – Dry Red Wine, and Dynasty Inherit Series – Semi Dry White Wine, respectively, at the 2025 Cathay Global Wine & Spirits Awards Asia (“GWSAA”) (formerly known as the Cathay Hong Kong International Wine & Spirit Competition (“HKIWSC”)). This marks the 15th consecutive year that Dynasty products have won awards at the event, demonstrating industry-wide recognition of Dynasty’s exceptional winemaking skill and quality. In addition, “Dynasty Pinyue VSOP brandy” also won the Gold Medal in the brandy category of 2025 China Fine Wine Challenge.

Mr. Wan Shoupeng, Chairman of Dynasty, concluded, “Looking ahead to 2026, the Group will continue to focus on market and consumer demand, reinvent consumption scenarios and promote product quality. At the same time, the Group will continue to innovate marketing strategies to stimulate brand vitality, further expand the market share of Dynasty’s products, strengthen Dynasty’s brand image as a representative of domestic wines, and set a benchmark for the Chinese wine industry, with the aim of bringing Dynasty’s superior wines to more consumers in the PRC. The Group will continue to uphold quality, seize the development trend of low-alcohol and younger consumer markets, and proactively develop new marketing prospects through innovation in products categories and consumption scenarios.”

About Dynasty Fine Wines Group Limited

Dynasty Fine Wines Group Limited was listed on the Main Board of The Stock Exchange of Hong Kong Limited with the stock code 00828 on 26 January 2005. Founded in 1980, Dynasty is the premier grape winemaker in China. It is principally engaged in the production and sale of grape wine products under its reputable “Dynasty” brand. Dynasty is the first Sino-foreign joint venture wine company in China with Tianjin Food Group Limited and the French grape wine giant, Remy Cointreau, as its current major shareholders. The Group produces and sells more than 100 grape wine product series, and introduces imported wine products, providing high-quality and value-for-money grape wines to the full range of consumer groups in China.

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