Tianyun International Awarded 2017 China's Most Promising Listed Companies by Forbes China

May 22, 2017, 5:01 am

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Mr. Yang posed for pictures with Mr. Russell Flannery, bureau chief of Forbes magazine.

Among three outstanding awardees in food industry

HONG KONG, May 22, 2017 - (ACN Newswire) - Tianyun International Holdings Limited ("Tianyun International", together with its subsidiaries, the "Group") (6836.HK), a leading seller and manufacturer of processed fruits products in China, is pleased to announce that the Group was awarded "2017 China's Most Promising Listed Companies" by Forbes China, and is the only fast-growing enterprise in the Chinese processed fruits market receiving the honor.

2017 Forbes China Most Promising Listed Companies awards are given to the shortlisted 100 most promising listed companies in China, US and Hong Kong, with turnover in 2015 amounting RMB10 million to RMB1 billion and core business located in China. Most of the awardees come from medical and technological industry, while only 3 companies are in food industry, including Tianyun International. It has been 12 years since "Forbes China", a branded international business publication, started the comprehensive yet independent research on Chinese growing enterprises. The award is regarded as one of the most authoritative recognitions to the companies.

Upholding our stringent safety and quality requirement, the Group is endeavor to developing diversified processed fruit products to consumers. In 2016, Shandong Tiantong Food Co., Ltd, a subsidiary of the Group, received a "Same production line, Same standard, Same quality" recognition jointly issued by Shandong Linyi Entry-Exit Inspection and Quarantine Bureau and Linyi Municipal Bureau of Commerce, proving that our local products reach the same quality level as the products being exported.

Moreover, mixed fruit puree product launched by the Group was included in the "displayed products in future supermarkets" in the American PLAM own brand exhibition, indicating the global recognition received in terms of the Group's research and development, as well as the remarkable capability to seize the future trend in food industry. The total turnover of the Group recorded a 18.1% Y-o-Y growth to RMB653 million. The turnover from own brand business even recorded a significant Y-o-Y growth of 87.3%.

Mr. Yang Ziyuan, Chairman and CEO of the Group commented "We are honored to receive the recognition from Forbes, a globally well-known business publication, after we became the only fruit processor in the industry to receive the qualification of "China Canned Product Quality Certification Label" from China Canned Food Industry Association with products identified as the "Zero Added Preservative Canned Products" in 2016.

Looking ahead, we will continue to steadily develop both own brand and OEM business to seize the opportunities brought by the fast-growing own brand business and increasing brand awareness, by keep developing new products for a better sales performance. 4-5 new products are expected to be launched within the year. Meanwhile, we will insist on providing natural, safe and high quality products to customers, as well as driving our business growth and further consolidating the Group's market leadership."

About Tianyun International Holding Limited (HKSE: 6863)

Tianyun International Holdings Limited and its subsidiaries (the "Group") are principally engaged in (i) the production and sales of branded processed fruit products and (ii) trading of fresh fruit. Processed fruit products are sold both on an OEM basis and under its own brands - "Tiantong Times", "Bingo Times" . On 7 July 2015, the Group was successfully listed on the Main Board of the Stock Exchange, which would further consolidate our leading position in China's processed fruit industry.

With its commitment to provide customers with healthy and safe products, the Group has always been dedicated to stringent production standards and is accredited with BRC(A+), IFS Food (High), HALAL, SC, KOSHER, ISO22000, "China Canned Product Quality Certification Label" and "Zero added preservative canned products" top-tier international and local certifications. For more information, please visit www.tianyuninternational.com.

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"The Belt and Road Initiative" improved Trade between China and Cambodia; North Asia Resources Holdings Limited (00061) takes advantage of the Opportunity

May 23, 2017, 2:04 am

≫ Next: Ausnutria Acquires Leading Australian Milk Powder Producer "ADP" and "Ozfarm" at RMB170 million

≪ Previous: Tianyun International Awarded 2017 China's Most Promising Listed Companies by Forbes China

HONG KONG, May 23, 2017 - (ACN Newswire) - At 24 March 2017, the Big Data Report of Trade Cooperation under the Belt and Road Initiative 2017 released. According to the figures, It was reported that the total trade volume between China and the along countries in 2016 about 953.59 billion US dollars, around 25.7% of the total trade volume of China. The export from China to the along countries increased steadily since 2011. In 2016, the export volume from China to along countries is about 587.48 billion US dollars and reached a high level in the recent years. Among which, Kyrgyzstan, Hungary, Romania, Cambodia and other 19 countries are in large trade scale between China. And the trade volume growth faster than the others, in the China's large trade volume, and trade growth is faster and in the context of global trade weakness, China is a "potential growth" country.

Cambodia, the cassava is the main crop and export product country, is an important node in Southeast Asia as an important step in China's "the Belt and Road Initiative". It has just begun to embark on industrialization, infrastructure and other aspects are constantly improving, which contains great investment opportunities. Utilizing a large-scale cassava planting in Cambodia, it can not only achieve the base of processing plants, but also save 80% of the cost of transportation of raw materials, but also solve the problem of fresh cassava storage.

Responding to the national strategies, North Asia Resources Holdings Limited reverted the corporate vision to the environmental biotechnology business.

Surfing the trends of the Belt and Road Initiative and having an insight of the potential development of the Cambodia's Economy, North Asia Resources Holdings Limited (00061.HK) (the "Company") has acquired some land resources in Cambodia and intended to build up a standardise and continuing sustainable business model for cassava business. The Company has also vigorously develop Biofuels Ethanol to strive for sustained competitiveness in the global marketplace.

At 31 March 2017, the Company announced the intention, in the consideration of not more than US$53,200,000, to acquire 21,000 mu of the Economic Land Concession in Pursat Province of Cambodia. The Company shall satisfy the consideration in (i) an aggregate of HK$28,000,000 as the Deposit will be payable in cash by three tranches by the Company to the Obligors on dates mutually agreed between the parties to the Acquisition Agreement prior to Completion; and (ii) the remaining balance of the consideration will be satisfied by the Company by way of allotment and issuance of a maximum of 11,512,878,787 Consideration Shares approximately 13.63% of the enlarged issued share capital.

At 13 April 2017, the Company further announced the execution of strategic cooperation framework agreement between the Company and Henan Tianguan Enterprise Group Co., Ltd.. Pursuant to the Strategic Cooperation Framework Agreement, the parties agreed that, among other things, the Company shall cooperate with Henan Tianguan in planning to build a recycling industrial module park in Cambodia using tapiocas as raw materials for the production of 100,000 tons of ethanol biofuel and their by-products annually, such as methane, carbon dioxide, bio-solid organic fertilizers and bio-power generation.

The current principal businesses of the Company are to sales of information technology products, system integration, software development, technology service and comprehensive product solution and geological survey, exploration and development of coal, sales of coking coal and coal trading. As the coal mining segment business was blocked by the government's policies in the past few years and since the Chinese Government intended to improve the better environmental conditions, lots of the polluted businesses were blocked under the policies. Hence, from 2015, the Company realized the necessity to explore different type of business segments to enrich the profit base and the continuing sustainable vision. Commenced in 2016, the Company trial started the cassava trading project in Cambodia and exploring the chance to acquire the land resources. The Group targeted to acquire and develop 10 land models, around 200 thousands ha area. And in March 2017, the attempted acquisition of the first phase of the 315 thousands mu around 21 thousands mu area is in progress. Cassava can be used to develop of bio-ethanol-based clean fuels and edible, industrial starches, biomass pellet fuels, bio-generating, carbon dioxide, solid organic fertilizers and corresponding ancillary products. By optimizing the combination of research and development to develop from the beginning of land cultivation to end products, i.e. Bio-fuel Ethanol, as a set of recycling modular business model for the next step in the strategic development and competition in the global industry market has laid a good foundation.

Strategic cooperation between the Company and Henan Tianguan to build up the new production chain of cassava products.

Throughout the cooperation between the Company and Henan Tianguan, it was planned to by using cassava as the raw material to build up an annual output of 100,000 tons of bio-fuel ethanol and its by-products of a recycling industry module park in Cambodia. Since Henan Tianguan is a leading global player in the domestic bioenergy industry with a history of 78 years and the largest domestic manufacturer of ethanol fuel, with an annual output of approximately 800,000 tons of ethanol, it needs to import a large number of tapioca slices annually from Southeast Asia as raw materials for the production of ethanol. With respect to industrial technology, it has built up over years numerous globally cutting-edge patents and proprietary technologies in the areas of ethanol fuel, biogas and power generation, as well as leading operational and management advantages. In particular, its integrated technology for the co-production of "ethanol, electricity, biogas and fertilizer" has gained a leading position in the domestic industry and achieved globally advanced standards. Given the Company and Henan Tianguan have interests in common, the Board believes that the entering into of the Strategic Cooperation Framework Agreement would enable the Company to leverage on the expertise of Henan Tianguan, a domestic bioenergy producer, for the production, management and trading of ethanol biofuel and by-products of tapioca-based ethanol fuel as well as for other business cooperation in the recycling industry. The cooperation will substantially help the Group further expand its modular management and production of ethanol biofuel-related business, and will play a positive role in broadening the income stream and industrial transformation for the Group in the long run.

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Ausnutria Acquires Leading Australian Milk Powder Producer "ADP" and "Ozfarm" at RMB170 million

May 23, 2017, 2:51 am

≫ Next: Cigna launches new Brand Campaign in Hong Kong

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Continuing strategic acquisitions and taking internationalisation one step further

HONG KONG, May 23, 2017 - (ACN Newswire) - Ausnutria Dairy Corporation Ltd. ("Ausnutria" or the "Company", together with its subsidiaries, the "Group"; stock code: 1717.HK), a leading dairy industry company with production facilities principally based in the PRC, the Netherlands and Australia, engaging in the production and distribution of all dairy products (including infant formula) and nutrition products, is pleased to announce that on 23rd May 2017 (before trading hours), Ausnutrition Care Pty Ltd. ("Ausnutrition Care"), an indirect wholly-owned subsidiary of the Company, and ADP Group Ltd. entered into the Australian Dairy Park Pty Ltd ("ADP") SPD, under which Ausnutria will acquire the entire issued share capital of ADP Holdings at a consideration of AUD10.0 million (equivalent to approximately RMB 51.3 million) in cash and 13,928,571 Ausnutrition Care Shares. On the same date, Spring Choice, a direct wholly-owned subsidiary of the Company, and El Dorado Health Products Technology Pty Ltd. entered into the Oz SPD at a consideration of AUD11 million (totalling approximately RMB56.5 million) to acquire 50% of Ozfarm's equity.

According the ADP Shareholder Loan Agreement, Ausnutria agreed to grant the ADP Shareholder Loan Facility in the principal amount of up to AUD10.0 million (approximately RMB51.3 million) to ADP Holdings for an initial period of one year, which is renewable, at an annual interest rate of 5%. The loan will be used for the purpose of repaying certain existing loans of the ADP Group and for the purpose of its general working capital and business development. Upon the ADP completion, ADP Holdings will be 100% owned by the Ausnutrition Care and the Company's interest in Ausnutrition Care will be diluted to 70% from the original 100%. After the completion of the acquisition, Ausnutria will hold all the business of ADP, including the manufacturing, packaging and sale of dairy and milk powder products and related research and development activities, and the existing ADP plant and land in Melbourne, Australia. At the same time, Ausnutria will also hold 50% of Ozfarm's business, which includes the marketing and distribution of nutrition products and formula milk products in Australia, Singapore and the PRC under the brand name "Oz Farm", and the marketing and exports of any other dairy, honey or other food and health care products.

ADP is a modern dairy manufacturing enterprise in Australia, specializing in R&D, manufacturing and packaging of infant formula, functional milk powder and milk powder for the elderly. It is one of the first two Australian infant formula dairy manufacturer registered in the PRC and approved by the Certification and Accreditation Administration of the PRC (CNCA). Currently, ADP is among one of the eight manufacturers in Australia that has been registered in the PRC and is approved by the CNCA.

Ozfarm is a leading infant and adult and special medical formula enterprise in Australia. Its own brand, Oz Farm, has a variety of products, including infant formula, pregnant milk, and milk powder for the elderly. The brand, which business started as early as 1998, has gained a high market perception. In particular, Oz Farm pregnant mother formula is the best-selling pregnant mother formula in Australia and is recognized as the first brand in Australia. All milk powder products of Ozfarm are manufactured by ADP. Moreover, a number of Ozfarm products have been accredited gold or silver awards in the recent years by the Dairy Industry Association of Australia. After the completion of the acquisition, Ausnutria will not only have its own milk powder factory in Australia to further expand its milk source, but also indirectly own 50% equity of Ozfarm, which serves to further improve the product diversity to meet the growing market demand, and thereby enhance the company's competitiveness and create space for future development.

Regarding the acquisition, Mr. Yan Weibin, Chairman of the Group, said, "Our vision is clear, which is for Ausnutria to become a high-end nutritional supplements and health services company. The acquisition of ADP and Ozfarm ensures the execution of corporate development strategies, and is the next step of our "Go Global" strategy after planning the construction of our new plant the Netherlands in 2015, and signing the agreement with Westland, New Zealand's second-largest dairy cooperative enterprise, to build a new milk powder factory in 2016. The acquisition will bring long-term strategic benefits to our company. It allows us to extend our supply portfolio from the Netherlands and New Zealand to Australia, and complements our existing product portfolio. With our well-developed distribution system, customer network, and innovative sales model, this will create a powerful synergy with our existing business to expand our global territory and accelerate internationalisation, so as to strengthen the company's R&D and sustainable development capabilities through the organic combination of overseas advanced R&D innovations, quality control and management, and company development."

Mr. Yan further stated that, "As part of the company's global strategic expansion and an extension of our product line, the acquisition will further cement the recognition of the company's infant formula in Australia, as well as strengthen our nutritional R&D, production, and supply capabilities. The complementary relationship between the team and our products provides critical support to the company's future development. It pushed the company towards our mid-to-long-term goal - to become a high-value integrated nutritious food company."

Ausnutria will continue to push forward strategic mergers and acquisitions; most M&A targets are enterprises that have unique products and a competitive edge in technology. Concurrently, Ausnutria will also promote in-depth cooperation between the company and external R&D institutions to accumulate technological experience and international operation experience for company development, so as to gain stronger competitive advantages around the world.

About Ausnutria Dairy Corporation Ltd.
Ausnutria Dairy Corporation Ltd. is a leading paediatric milk formula company with production facilities principally based in the PRC, Netherlands and Australia. The Company is engaged in the worldwide production, research, and sales of infant formula, adult milk and other dairy and nutrition products. It owns several famous infant formula and milk powder brands, among which Ausnutria is widely recognized as famous Chinese trademarks. Ausnutria's factories in the PRC were among that first batch of factories that had been granted with the National Infant Formula Enterprise Production Permit. The factory in the Netherlands is also one of the first paediatric milk formula manufacturers to obtain import licenses for overseas products under the new policy.

About Australian Dairy Park
Australian Dairy Park ("ADP") is a modern dairy manufacturing enterprise in Australia, specializing in R&D, manufacturing and packaging of infant formula, functional milk powder and milk powder for the elderly. It is one of the first two Australian infant formula dairy manufacturer registered in the PRC and approved by the Certification and Accreditation Administration of the PRC (CNCA). Currently, ADP is among one of the eight manufacturers in Australia that has been registered in the PRC and is approved by the CNCA.

About Ozfarm
Ozfarm is a company incorporated in Australia with limited liability and is principally engaged in the sale and marketing of nutrition products, in particular on formula milk products from infant, children, pregnant mother to elderly under its own brand name Oz Farm . The brand, which business started as early as 1998, has gained a high market perception that its products to be "green, nature, safe and good quality", in particular, its pregnant mother formula is the best-selling pregnant mother formula in Australia. Besides, a number of Ozfarm products have been accredited gold or silver awards in the recent years by the Dairy Industry Association of Australia. All the milk powder products of Ozfarm are manufactured by ADP.

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Cigna launches new Brand Campaign in Hong Kong

May 24, 2017, 8:46 pm

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Cigna's new Brand Campaign highlights the value of health insurance through a child's perspective

- Highlighting the value of health insurance through a child's perspective
- Cigna HealthFirst Elite Medical Plan provides solutions and support throughout life's journey

HONG KONG, May 25, 2017 - (ACN Newswire) - Cigna has recently launched its 2017 Brand Campaign in Hong Kong to raise brand awareness and reinforce Cigna's mission of improving people's health, well-being and sense of security. Themed 'That's how health insurance should be', the campaign challenges common perceptions about what health insurance can deliver and demonstrates how Cigna can provide additional value above and beyond paying medical bills through a child's perspective.

Featuring spontaneous reactions of children when asked what they would do if their parents became ill, the integrated marketing campaign runs on a variety of channels with video advertisements on digital and social media platforms, TV and MTR in-train screens. Tailored messages are communicated through digital and social media channels to maximize target audience reach, while the TV and MTR advertisements magnify the messages to raise awareness among the mass public.

"As revealed by Cigna's 2017 360 Well-being Survey, people in Hong Kong are increasingly concerned about their health and well-being. As an active health and well-being partner, we are dedicated to providing health protection to address people's needs throughout their life journeys," said Mr. Austin Marsh, CEO and Country Manager, Cigna Hong Kong. "Our brand campaign echoes what Cigna stands for - that we are together with our customers all the way. We believe that health insurance is about providing health solutions and support to meet people's healthcare needs and help improve their overall well-being."

According to the Survey, the top health concerns for people in Hong Kong are cancer, heart disease and chronic illness. The campaign's video advertisements highlight the corresponding features that the new Cigna HealthFirst Elite Medical Plan1 can provide for these diseases showcasing how Cigna's products are designed to ensure customers receive comprehensive care - from staying well, obtaining access to healthcare and medical support to recovery from illness. These product features include:

- Cancer - providing first-in-market2 'Premium Waiver due to Cancer' that frees customers from premium payments for up to six months.
- Heart disease - fully covering outpatient expenses for up to 120 pre-admission and post-hospitalization follow-up clinic visits per policy year, which is the highest number in Hong Kong2.
- Stroke - providing rehabilitation benefit of HK$300,000 per policy year.

"At Cigna we put our customers at the heart of everything we do. The new Cigna HealthFirst Elite Medical Plan is innovative and offers comprehensive benefits and services that meet customer's personal needs. We believe it is a solution that can provide prevention, protection and rehabilitation support to enhance the overall health and well-being of our customers," concluded Mr. Marsh.

The video advertisements are also available on Cigna Hong Kong's YouTube page. Please click the links below to view:

- 30-second TVC with English subtitles
https://www.youtube.com/watch?v=8AKmCs8PbOI
- 15-second online video - Cancer
https://www.youtube.com/watch?v=ZcRZhOftXn4
- 15-second online video - Stroke
https://www.youtube.com/watch?v=2LAR8an9IWk
- 15-second online video - Heart disease
https://www.youtube.com/watch?v=PuWizZ4n9ZQ

Note:
1. The above mentioned benefits are subject to terms and conditions. Please refer to the product brochure for more details.
2. The comparison was made for the same category of medical products among major insurance companies in Hong Kong in January 2017.

About Cigna Corporation
Cigna Corporation (NYSE: CI) is a global health service company dedicated to helping people improve their health, well-being and sense of security. All products and services are provided exclusively by or through operating subsidiaries of Cigna Corporation, including Connecticut General Life Insurance Company, Cigna Health and Life Insurance Company, Life Insurance Company of North America and Cigna Life Insurance Company of New York. Such products and services include an integrated suite of health services, such as medical, dental, behavioural health, pharmacy, vision, supplemental benefits, and other related products including group life, accident and disability insurance. Cigna maintains sales capability in over 30 countries and jurisdictions, and has more than 95 million customer relationships throughout the world.

About Cigna Hong Kong
Since its presence in Hong Kong in 1933, Cigna has been offering insurance solutions at the right place and the right time, providing advice to customers throughout the different stages of their life journeys. Cigna delivers comprehensive health and wellness solutions to employers, employees and individual customers. Leveraging an extensive global healthcare network, Cigna provides group medical benefits that are suitable for international companies with a worldwide workforce, but also tailors cost-effective plans for local small and medium-sized enterprises that fit specific needs of the company and its employees. For individual customers, Cigna offers a full suite of health insurance products that caters for consumers' diverse needs.

For more details, please visit www.cigna.com.hk.

MEDIA CONTACTS:
Cigna Worldwide Life Insurance Co. Ltd. & Cigna Worldwide General Insurance Co. Ltd.
Brenda Ngo
Email: brenda.ngo@cigna.com
Tel: (+852) 2539 9138

Strategic Financial Relations Limited
Courtney Ngai / James Fung
Email: courtney.ngai@sprg.com.hk / james.fung@sprg.com.hk
Tel: (+852) 2114 4952 / (+852) 2114 4956

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VBG International Holdings Limited Announces Share Offer Allotment Results

May 24, 2017, 10:34 pm

≫ Next: Yuzhou Properties (01628.HK) Ranked 36th in "2017 Best 50 China Real Estate Listed Companies with Strongest Comprehensive Strengths" and 2nd in "2017 Best 5 China Real Estate Listed Companies with Business Performances"

≪ Previous: Cigna launches new Brand Campaign in Hong Kong

Share Price Fixed at HK$0.68 per share

HONG KONG, May 25, 2017 - (ACN Newswire) - VBG International Holdings Limited ("VBG International" or "the Company"), one of the leading financial services providers in Hong Kong, today announced its share offering allotment results. The shares offered under the placing were over-subscribed and the public offer also recorded over-subscription by approximately 12 times. The share price has been fixed at HK$0.68 per share.

In order to achieve an open market and an adequate spread of Shareholders, the Board has resolved to reallocate all the Offer Shares initially offered under the Placing, namely 115,470,000 Shares, to the Public Offer for subscription by the public in Hong Kong.

Based on the final share price of HK$0.68 per share, the net proceeds from the issue of the new shares pursuant to the placing will be approximately HK$68.1 million and intend to be applied as follows:

Use of Proceeds / Approximate
- Expand placing and underwriting business / 66.8%
- Enhance and strengthen financial advisory business / 9.4%
- Expand network internationally and across the PRC / 20.6%
- General working capital / 3.2%

Ms. Letty Wan, Chairperson and Executive Director of VBG International, said, "We are pleased with the subscription results, which demonstrate the confidence of investors in our business and prospects. The listing of our shares on the Growth Enterprise Market ("GEM") Board of The Stock Exchange of Hong Kong Limited (the "SEHK") is a significant milestone for VBG International, providing us with strong impetus. Looking forward, the Company will continue to capitalize on the competitive advantages to realize opportunities for expansion and dedicate efforts to deliver satisfactory returns to our shareholders."

Trading of VBG International's shares is expected to commence on the GEM of SEHK on 26 May 2017 (Friday) under the stock code of 8365. The Share will be traded in board lots of 5,000 Shares each.

Dakin Capital Limited is the Sole Sponsor of the Share Offer, whereas Dakin Securities Limited and Ping An Securities Limited are the Joint Bookrunners and Joint Lead Managers.

About VBG International Holdings Limited
VBG International, as one of the leading financial services providers in Hong Kong, offers a wide range of professional services, covering (i) corporate finance advisory services (including sponsorship, compliance advisory, financial advisory and independent financial advisory); (ii) placing and underwriting services; and (iii) business consulting services. By offering a broad range of services to different segments of customers, the Company is able to expand the overall business. VBG International provides financial services to its customers and is committed to core values in (i) earning its customers' trust by delivering professional services, advice and solutions in their best interest; (ii) working in partnership with them with integrity and treating each other with respect; and (iii) maintaining a high quality environment that attracts, retains and develops the best people. For details, please refer to its company website: http://www.vbg-group.com/.

Media Inquiries:
One PR Limited
Tel: +852 2592 8121
Email: inquiry@onepr.com.hk

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Yuzhou Properties (01628.HK) Ranked 36th in "2017 Best 50 China Real Estate Listed Companies with Strongest Comprehensive Strengths" and 2nd in "2017 Best 5 China Real Estate Listed Companies with Business Performances"

May 25, 2017, 7:40 pm

≫ Next: VBG International Holdings Limited Commences Trading on the GEM of HKSE

≪ Previous: VBG International Holdings Limited Announces Share Offer Allotment Results

Yuzhou Properties ranked 36th in "2017 Best 50 China Real Estate Listed Companies with Strongest Comprehensive Strengths"

Yuzhou Properties ranked 2nd in "2017 Best 5 China Real Estate Listed Companies with Business Performances"

Mr. Li Wei, Deputy Vice President of Yuzhou Properties(Right) Accepted the Award on Behalf of the Group

HONG KONG, May 26, 2017 - (ACN Newswire) - One of China's top 40 real estate enterprises, Yuzhou Properties Company Limited ("Yuzhou Properties" or the "Company", together with its subsidiaries referred to as the "Group"; stock code: 01628.HK), is pleased to announce that "2017 China Real Estate Listed Companies Evaluation Results Conference and Listed Real Estate Enterprises Summit" was held in Hong Kong. The Summit was organized by China Real Estate Association and China Real Estate Appraisal. Yuzhou Properties once again ranked the 36th in "2017 Best 50 China Real Estate Listed Companies with Strongest Comprehensive Strengths" and the 2nd in "2017 Best 5 China Real Estate Listed Companies with Business Performances".

2017 China Real Estate Listed Companies Evaluation ranks the enterprises' comprehensive strengths based on the seven major aspects, including company scale, risk management, profitability, growth potential, operating performance, innovation ability and social responsibility respectively. The announcement of the results helps listed companies to understand their strengths and positions within the industry, provides enterprise information with reference value to the government, banks, financial institutions and customers, and enhances public awareness of well-performed listed companies. With its excellent strengths and prudent business model, Yuzhou Properties is highly recognized in the industry and the ranking in "2017 Best 5 China Real Estate Listed Companies with Best Business Performances" rose from the third of last year to the second in 2017.

In 2016, Yuzhou Properties' contracted sales, total revenue and profit reached new highs. The Group overfulfilled the upward-adjusted contracted sales target of 2016, and achieved a year-on-year growth of 65.54% to reach RMB23,205,730,000. Total revenue increased by 31.77% year-on-year to RMB13,671,830,000. Gross profit increased by 33.69% year-on-year to RMB4,958,910,000, with a gross margin of 36.27%, which was leading in the industry. In 2017, the Group maintained last year's favorable growth momentum. Its contracted sales for the first four months reached RMB14 billion, realizing nearly 50% of the annual sales target of RMB30 billion. For the land reserves, the Group has successfully acquired 6 premium land plots in Tongan District of Xiamen, High-tech Zone in Wujiang District of Suzhou; Xia Bei Cun of Zhangzhou, Longwen District of Zhangzhou, and Jinnan District of Tianjin, representing an increase in land reserves of 461,000 sq.m..

The honor, the second place of "2017 Best 5 China Real Estate Listed Companies with Business Performances", demonstrated the outstanding performance of Yuzhou Properties in terms of operation management and strategic orientation. Adhering to the strategic concept of "Region-focused Dedication to Outperform Domestic Peers", the Group has fully formed a nationwide strategic layout covering the five major areas, namely Yangtze River Delta, Bohai Rim Region, Pearl River Delta, Central China and West Straits Zone, and has established the strategic target of reaching the scale of RMB100 billion by 2020. In 2016, Yuzhou Properties moved its headquarter to Shanghai, and the "Yuzhou Properties Shanghai Branding Event and Yuzhou Noble Mansion Launch Ceremony" was successfully held in April this year, demonstrating that the Group has taken an essential step in evolving from a regional leading enterprise to a national leader.

With the supports of outstanding operating performance and sound financial performance, Yuzhou Properties not only has received recognition from investors, but also has been favored by the major investment institutions. More than 10 insitutions including BOCI, CIMB, Citi, ABCI, CMBl, Credit Suisse and Industrial Securities ranked Yuzhou Properties as "Outperform" or "Buy", among which, Huatai raised the target price of Yuzhou Properties to HKD4.1, and upgraded its ratings to "Buy".

About Yuzhou Properties Company Limited (01628.HK)
Yuzhou Properties Company Limited is a national property developer, which is based in Shanghai and continuously expands its business in eight core cities. Yuzhou Properties strives to become a leading property developer in China with a well-defined expansion strategy as Based in Yangtze River Region, Lead West Strait and Expand Nationwide Coverage.

Established in 1994, Yuzhou Properties specializes in the development of high quality residential, retail and commercial projects. As at 31 Dec 2016, the Company had 68 projects under various stages of development in Xiamen, Fuzhou, Shanghai, Tianjin, Nanjing, Hefei, Hangzhou, Quanzhou, Zhangzhou, Longyan, Bengbu and Hong Kong. Sites measuring a total GFA of over 9.54 million sq. m. are under development or held for future development, Yangtze River Delta Region, West Strait Economic Zone, Bohai Rim Region and Central Region accounting of 53%, 36%, 5% and 6% respectively. Known for its outstanding product quality and diversified product portfolio, strong brand awareness and its experienced management team, Yuzhou Properties has been named "Top 100 China Real Estate Enterprises" for eleven years in a row; and Top 50 China Real Estate Enterprises from 2011 to 2017.

For more information about Yuzhou Properties, please visit the Company's website:
http://www.xmyuzhou.com.cn.

For inquiries, please contact:
Yuzhou Properties Company Limited (HKEX: 01628)
Head / Manager / Assistant Manager /
Assistant Manager of Corporate Finance & Investor Relations
Camille Xiong/ Shikai Wu/Christine Huang/Jessica Li
Tel: (852) 2508 1718
Fax: (852) 2510 0265
Email: camille.xiong@xmyuzhou.com.cn;
shikai.wu@xmyuzhou.com.cn ;
huangl3@xmyuzhou.com.cn ;
jessica.li@xmyuzhou.com.cn

Wonderful Sky Financial Group Holdings Limited (HKEX: 01260)
Iris Au Yeung/ Shirley Chong/ Mel Lai
Tel: (852) 3970 2129 / 3970 2223/ 3641 1305
Fax: (852) 2598 1588
Email: po@wsfg.hk/ yuzhou@wsfg.hk

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VBG International Holdings Limited Commences Trading on the GEM of HKSE

May 25, 2017, 10:48 pm

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HONG KONG, May 26, 2017 - (ACN Newswire) - VBG International Holdings Limited (Stock code: 8365), one of the leading financial services providers in Hong Kong, commenced dealing on the Growth Enterprise Market ("GEM") of The Stock Exchange of Hong Kong Limited ("HKSE") today.

Ms. Letty Wan, Chairperson and Executive Director of VBG International, said, "The listing of VBG International on HKSE today marks a memorable milestone for us. We are pleased to see the recognition of the Group's potential by investors. We believe that the successful listing will not only enhance the capital base of VBG International, but also provide a good platform to strengthen our corporate image with reputation, as well as the confidence and recognition from our customers. Looking forward, we will continue to focus on providing quality professional financial services and expanding our network internationally and across the PRC to promote business growth. We strive to bring the ideal returns to our shareholders in the long run."

Photo Caption:
(From Left to Right)
Hong Kong Exchanges and Clearing Limited, Senior Vice President Listing Department Mr. Eugene Yeoh
VBG Capital Limited, Managing Director Ms. Catherine Wong
Dakin Securities Limited, Director Mr. Victor Chang
Ping An Securities Group (Holdings) Limited, Director Mr. Stephen Wong
VBG International Holdings Limited, Non-executive Director Mr. Wan Chuen Fai
VBG International Holdings Limited, Independent non-executive Director Mr. William Robert Majcher
May Cheong Group, Chief Executive Officer Mr. Roger Ngan
Hong Kong Exchanges and Clearing Limited, Listing Committee Member Ms. Clara Chan
VBG International Holdings Limited, Chairperson and Executive Director Ms. Letty Wan
Baron Group, Chairman Mr. Joseph Wan
VBG Capital Limited, Assistant to Chairman Ms. Vivian Wan
VBG International Holdings Limited, Independent non-executive Director Mr. Tsang Wing Ki
VBG International Holdings Limited, Executive Director Mr. Ringo Hui
Dakin Capital Limited, Managing Director Mr. Ringo Tam
VBG Capital Limited, Managing Director Ms. Sheron Yau
VBG Capital Limited, Managing Director Mr. Anthony Ng
Hong Kong Exchanges and Clearing Limited, Head of Events Management Ms. Bonnie Chan

About VBG International Holdings Limited

VBG International, as one of the leading financial services providers in Hong Kong, offers a wide range of professional services, covering (i) corporate finance advisory services (including sponsorship, compliance advisory, financial advisory and independent financial advisory); (ii) placing and underwriting services; and (iii) business consulting services. By offering a broad range of services to different segments of customers, the Company is able to expand the overall business. VBG International provides financial services to its customers and is committed to core values in (i) earning its customers' trust by delivering professional services, advice and solutions in their best interest; (ii) working in partnership with them with integrity and treating each other with respect; and (iii) maintaining a high quality environment that attracts, retains and develops the best people. For details, please refer to its company website: http://www.vbg-group.com/.

Media Inquiry:

One PR Limited
Tel: +852 2592 8121
Email: inquiry@onepr.com.hk

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FSE Engineering Opens First Retail Store in Macau to Sell Europe-imported Ceramic Tiles

May 26, 2017, 1:18 am

≫ Next: Risecomm Group Holdings Limited Announces Details of Proposed Listing on the Main Board of the Stock Exchange of Hong Kong Limited

≪ Previous: VBG International Holdings Limited Commences Trading on the GEM of HKSE

(From left) Mr. Poon Lock Kee, Rocky, Chief Executive Officer & Executive Director of FSE Engineering; Mr. Lam Wai Hon, Patrick, Vice-Chairman & Executive Director of FSE Engineering; Mr. Kou Hoi In, President of the Macao Chamber of Commerce; Mr. Chui Sai Cheong, President of Macau Management Association; Mr. Doo William Junior Guilherme, Executive Director of FSE Engineering; and Mr. Lee Kwok Bong, Executive Director & Joint Company Secretary of FSE Engineering.

HONG KONG, May 26, 2017 - (ACN Newswire) - FSE Engineering Holdings Limited ("FSE Engineering" or the "Group") (stock code: 331), a leading one-stop E&M engineering service provider in Hong Kong, has opened its first retail store in Macau dedicated to selling ceramic tiles imported from Europe, providing valued-added services on top of E&M engineering service to Macau enterprises.

The Group's retail store in Macau trade-named "Yau Fai Building Materials" is on G/F, 17 & 17A, Rua do Almirante Costa Cabral. Via a subsidiary, the Group has been distributing Europe-imported ceramic tiles since 1972. Over more than 40 years, it has built up a reputation in the industry as a provider of reliable products and excellent services. The products it distributes are mainly manufactured in Italy and Spain, including those by Casalgrande Padana and Pamesa, the largest ceramic tile manufacturer in Italy and Spain respectively, and Marca Corona, FAP and Caesar, manufacturers in The Concorde Group which earns the most revenue from sales of ceramic tiles in Italy. Those products of assured quality are provided to developers of major residential properties in Hong Kong. Currently, the Group operates four ceramic tile retail stores in Hong Kong. They are on Lockhart Road in Wanchai and Portland Street in Mongkok.

The Group has been doing business in Macau since 1980, undertaking to date a few dozen E&M engineering projects, thus has established a stable customer base. With hotels and casinos in Macau consistently requiring renovation and decoration works, plus demand for housing units in the city continuing to rise, income from alteration and extension works and others is expected to grow from approximately MOP3.5 billion in 2015 to approximately MOP6.2 billion in 2020. Alive to this trend and on its good standing in the Macau market, the Group is opening the quality European ceramic tile shop to provide value-added services to customers and at the same time create a new income source for the Group.

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Risecomm Group Holdings Limited Announces Details of Proposed Listing on the Main Board of the Stock Exchange of Hong Kong Limited

May 29, 2017, 1:30 am

≫ Next: Shandong Luoxin Pharmaceutical's Withdrawal of Listing H Shares on HKEx Approved by Shareholders; Offer becomes Unconditional in All Respects

≪ Previous: FSE Engineering Opens First Retail Store in Macau to Sell Europe-imported Ceramic Tiles

Starting from the left they are Mr. Zhang Youyun (Executive Director), Mr. Wang Shiguang (Chairman and Executive Director), Mr. Yue Jingxing (Chief Executive Officer and Executive Director), Mr. Leung Ka Lok (Chief Financial Officer and Company Secretary) and representative of Sole Sponsor, Joint Bookrunners and Joint Lead Managers, Mr. Michael Ngai, Associate Director of China Galaxy International Securities (Hong Kong) Co. Limited.

- Global Offering of 200,000,000 shares
- Offer price ranges from HK$0.90 to HK$1.00 per share

HONG KONG, May 29, 2017 - (ACN Newswire) - Risecomm Group Holdings Limited ("Risecomm" or the "Group", proposed 1679.HK), the third largest PLC technology company in China, today announced details of its proposed listing on the Main Board of The Stock Exchange of Hong Kong Limited ("HKSE").

- Investment Highlights -

- Possesses core competency in power line communications (PLC) IC design and superior research and development ("R&D") capabilities in PLC technology, strives to maintain excellence in R&D of PLC technology
- One of the largest PLC IC suppliers in China, well positioned to benefit from the high barriers of entry and continuing growth and upgrading of the PLC industry
- Long-term cooperative relationship with State Grid Corporation of China ("SGCC") enables capture of huge opportunities in the PLC market
- One of the first-movers in the smart energy management industry with a number of energy management pilot projects launched in China
- Seasoned management and sales teams with distinguished technological expertise and sales and marketing experience

- Offering Details -

Risecomm Group Holdings Limited plans to offer a total of 200,000,000 shares under the Global Offering (subject to the Over-allotment Option), of which 180,000,000 will be for International Offering (subject to adjustment and Over-allotment Option) and 20,000,000 will be for the Hong Kong Public Offering (subject to adjustment). Assuming an Offer Price of HK$0.95 per share, being the mid-point of the indicative Offer Price range of HK$0.90 to HK$1.00 per share, net proceeds from the Global Offering, after deducting underwriting fees and estimated expenses payable by the Group in connection with Global Offering, are estimated to be approximately HK$144.1 million before exercise of any Over-allotment Option.

The Hong Kong Public Offering commenced at 9:00 a.m. on 29 May 2017 (Monday) and will end at 12:00 noon on 2 June 2017 (Friday). The final Offer Price and allotment results will be announced on 8 June 2017 (Thursday). Dealing of the shares is expected to commence on the Main Board of HKSE at 9:00am on 9 June 2017 (Friday) under the stock code 1679. The shares will be traded in board lots size of 2,500 shares each.

China Galaxy International Securities (Hong Kong) Co., Limited is the Sole Sponsor, and China Galaxy International Securities (Hong Kong) Co., Limited and Long Asia Securities Limited are the Joint Bookrunners and Joint Lead Managers of the listing.

- Investment Highlights -

Risecomm possesses core competency in PLC IC design and superior R&D capabilities

Since its inception in 2006, as a fabless PLC technology company, the Group has been focusing on PLC IC design and R&D of PLC technology. Its core competency lies in designing advanced application-specific ICs, or ASICs, and these proprietary ASICs are embedded in all its PLC products. The Group pioneered in developing PLC ICs with proprietary IC designs and advanced PLC technologies for deployment of automated meter reading (AMR) systems by SGCC. Also, the Group has been invited by SGCC to participate in the formulation and setting PLC industry standards in China since 2012.

The Group has been investing substantial resources in R&D and its R&D expenses are equivalent to on average about 9% of its total revenue. It has a 140-strong R&D team, or 34.5% of its entire workforce, and members of team have on average seven years of experience in related industries, approximately 12.1% of them hold a master's degree or higher (including PhD degrees) in related areas (such as communications technologies and electronic automation). Thanks to its R&D efforts, the Group now owns a significant intellectual property portfolio comprising 24 registered patents, 43 registered computer software copyrights, seven registered software products and seven registered IC layout designs as of the latest practicable date.

One of the largest PLC IC suppliers in China

The Group ranked third in 2016 among PLC IC suppliers in China in terms of sales volume of PLC products with an overall market share of 11.2% . It also captured 10.9% of SGCC's total bidding volume for PLC-based AMR devices. The PLC industry in China has high entry barriers as it is technology intensive and requires substantial practical experience for a player to able to meet the needs of the highly complex power grid infrastructure and operating environment. Although AMR application remains the dominant focus of the PLC industry in China, the industry is expected to continue to grow driven by government policies in support of the rollout of smart grids and upgrades of AMR systems, and also advancement in PLC technology. With its well established market position, technological advantages, R&D capabilities and long-term business relationship with SGCC, the Group is well positioned to solidify its position in China's PLC market.

Long-term stable cooperative relationship with SGCC

In 2008, Risecomm was selected by SGCC to participate in its first AMR pilot project in China undertaken in Heilongjiang Province. In 2010, the Group's AMR products started to be commercially deployed in SGCC's AMR systems. In 2012, the Group was invited by SGCC to participate in the formulation and setting of PLC industry standards in China. In 2014, the Group's OFDM ICs (second-generation PLC ICs of the Group) was first used in SGCC's AMR pilot project. In 2015, the Group became a qualified PLC technology company for Southern Grid, which qualified it for direct bidding of the latter's concentrator and collector contracts. In 2016, Risecomm began to take part in SGCC's pilot projects for the "Four-Meters-in-One" initiative and broadband PLC respectively. As at 31 December 2016, the Group's AMR products were commercially deployed by SGCC in 23 of the 26 provinces it covers in China. For years, the Group has worked closely and maintained a long-term relationship with SGCC, which has enabled it to seize the huge business opportunities in the PLC market.

One of the first-movers in the smart energy management industry

Risecomm's smart energy management business covers applications of streetlight control, building energy management and photovoltaic power management. Leveraging first-mover advantage and strong capabilities in PLC technologies and product development, the Group has become the largest PLC solutions provider in China for the streetlight control application, with a market share of 48.1% . As at 31 December 2016, the Group's PLC technology and solutions were sold to streetlight control clients in 15 provinces of China. In recent years, the Group has expanded the application scope of its PLC products and solutions to other selected strategic areas of smart energy management. In particular, the Group has developed PLC products and solutions for building energy management applications for enterprise users, such as Shenzhen Fox-Energy Technology Co., Ltd, a subsidiary of Foxconn Technology Group, as well as certain hotel chains and tertiary institutions in China. And, in 2011, it started to sell PLC products in connection with photovoltaic power management for solar micro-inverters to Zhejiang APsystems Technology Co., Ltd., a leading micro-inverter producer in China.

Seasoned management and sales teams

Risecomm's management team includes technology experts who bring a wealth of experience in IC design and communications technology as well as the PRC power sector. The Group's R&D and overall business strategies are led by Mr. Yue Jingxing, its co-founder, executive Director and Chief Executive Officer, who has more than 20 years of experience in IC design. As for R&D with regard to technology advancement and applications, it is led by Dr. Gu Jian, the Group's co-founder and chief technology officer and vice president of Risecomm WFOE, who has more than 20 years of experience in the communications technology industry. Both of them obtained postgraduate degrees in electrical engineering in the United States and have extensive work experience in prominent US communications technology companies prior to founding the Group. In addition, the team includes Mr. Wang Shiguang, the Group's Chairman and executive Director, who has more than 15 years of management and sales experience in the electronics and power sectors in China. Mr. Wang has played a critical leading role in expanding the sales and marketing reach of the Group's AMR business in connection with AMR deployment in SGCC's smart grids. The distinguished technological expertise and sales experience of Risecomm's teams will continue to power the Group's expansion and business growth.

-- Future Strategies --

Further strengthen Group's capabilities in PLC technology and R&D

The Group will continue to focus on R&D and strengthen its core capabilities in PLC technologies. In particular, it plans to boost its R&D capabilities through working with or acquiring intellectual property rights from third parties, moves that can supplement and allow it to expedite R&D in such areas as broadband OFDM ICs, "PLC+RF" dual-mode technology, and unified control systems for smart energy management. At the same time, the Group will continue to work closely with key industry participants (such as SGCC) and be involved in greater extent in drafting and formulation of industry standards (such as those for broadband PLC). Furthermore, it will also utilize its existing expertise and further explore in the research directions in support of the "Four-Meters-in-One" initiative led by SGCC.

Expand AMR business to new geographic markets and further enhance the functionality and competitiveness of AMR products

According to a Frost & Sullivan survey, Southern Grid started commercial deployment of AMR systems in March 2016, with a purchase plan of 75 million smart meters for the five years between 2016 and 2020. In 2015, the Group became a qualified PLC technology company for Southern Grid and, in August 2016, it engaged a sales agent to help promote AMR sales in the Southern Grid market. In addition, it will continue to put more resources to expand its market share in SGCC biddings, enhancing the functions of its AMR products and continue to develop innovative and competitive AMR products with new PLC technologies. Moreover, additional resources will also be devoted to enrich AMR product offerings and expand the Group's AMR product assembly capacity. To these ends, Risecomm has established a new product assembly hub in Changsha, Hunan Province mainly for mass production of collector and smart energy management products and solutions.

Enhance capabilities in product development and sales and marketing to accelerate the growth of smart energy management business

With the government rolling out more polices and industries initiatives in support of energy conservation and environmental protection (especially those in the 13th Five-Year Plan of National Economy and Social Development), the Group plans to further invest in smart energy management to speed up revenue growth of the business. It intends to enhance product development efforts to provide an enriched pipeline of products and solutions that address the needs of each of strategically selected areas of smart energy management applications, including streetlight control, building energy management and photovoltaic power management applications. Moreover, it plans to strengthen sales and marketing efforts in order to expand customer base for each of these strategically selected smart energy management applications. It will also enhance direct sales and also establish strong sales channels through system integrators, energy management companies and energy project contractors.

Going forward, the Group will continue to expand and strengthen its R&D team by recruiting talent and providing comprehensive training to R&D personnel. It will also constantly improve the functions of its AMR products and expand the business to new geographic markets. With extensive industry experience, proven track record and an experienced management team, the Group will continue to make progress with its business and its hope is to bring satisfactory returns to investors.

Financial Highlights

(RMB'000)                 For the year ended 31 December
                           2014        2015         2016       CAGR
Revenue                 232,628     340,724      390,210     29.51%
Gross profit            114,822     175,753      195,263     30.41%
Gross profit margin %     49.4%       51.6%        50.0%        N/A
Profit for the year      40,555      57,603       19.18%

Use of Proceeds

Assuming an Offer Price of HK$0.95 per share (being the mid-point of the indicative Offer Price range), the estimated net proceeds of the global offering is HK$144.1 million intended for the following uses:

- Research and development of the PLC technology and related products and solutions / 60.0%
-- Investing in development of intellectual properties
-- Possible mergers and acquisitions of technology and/or research companies with complementary core technologies and intellectual properties, or to acquire technologies or intellectual property rights from those companies
-- Recruitment of R&D staff to support the business and core research activities, as well as day-to-day R&D functions

- Sales and marketing expenditure / 20.0%
-- Cultivating relationships with any possible sales channels and conducting training for any external sales and marketing force
-- Participating in trade exhibitions and industry forums at home and abroad
-- Conducting marketing and promotion activities to enhance brand recognition
-- Participating in more pilot projects for smart energy management business
-- Recruiting sales and marketing personnel

- Repayment of an entrusted bank loan obtained for purchase of a new product assembly hub in Changsha, Hunan Province / 10.0%

- Working capital and general corporate purposes / 10.0%

About Risecomm Group Holdings Limited

Founded in 2006, Risecomm Group Holdings Limited is a power line communications (PLC) technology company specializing in the design,development and sale of system-on-chip ICs, modules, devices and solutions adopting the PLC technology. As one of China's largest PLC technology companies, the Group's core competence is the development of application-specific integrated circuits (ASICs) and its proprietary ASICs are embedded in all of its PLC products. With the support of a strong R&D team and abundant resources, the Group continues to pursue technological innovation. The Group's PLC products are used mainly by the power grid companies in China. It is one of the first PLC technology companies to have AMR products commercially deployed in State Grid's AMR systems. In 2016, the Group's AMR products were commercially deployed by the State Grid in 23 of the 26 provinces in China that the grid covers. At the same time, the Group is the largest PLC solutions provider for streetlight control in China, and also provides various PLC products and solutions for a number of applications related to energy saving and environmental protection. For more details about Risecomm, please visit website: http://www.risecomm.com.cn/en/.

Media Enquiries:

Strategic Financial Relations Limited
Heidi So, +852 2864 4826, heidi.so@sprg.com.hk
Cecilia Shum, +852 2864 4890, cecilia.shum@sprg.com.hk
Sophie Du, +852 2114 4901, sophie.du@sprg.com.hk
www.sprg.com.hk

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Shandong Luoxin Pharmaceutical's Withdrawal of Listing H Shares on HKEx Approved by Shareholders; Offer becomes Unconditional in All Respects

May 31, 2017, 4:05 am

≫ Next: Quam IR Awards 2016 Ceremony Held in Recognition of Exceptional Performances by 14 Listed Companies

≪ Previous: Risecomm Group Holdings Limited Announces Details of Proposed Listing on the Main Board of the Stock Exchange of Hong Kong Limited

- The Liquidity of the H Shares May be Severely Reduced after Delisting on 16 June 2017
- The Latest Time and Date for the Offer Remaining Open for Acceptance is 4:00 p.m. on 26 June 2017

HONG KONG, May 31, 2017 - (ACN Newswire) - Shandong Luoxin Pharmaceutical Group Stock Co., Ltd. ("Shandong Luoxin Pharmaceutical" or the "Company") (stock code: 8058) has announced that the resolution for the proposed withdrawal of listing of the H shares of the Company ("H Shares") from The Stock Exchange of Hong Kong Limited (the "Stock Exchange") was passed by way of poll at the extraordinary general meeting and the H Share class meeting of the Company held on 29 May 2017. The voluntary conditional offer ("Offer") by Giant Star Global (HK) Limited and Ally Bridge Flagship LX (HK) Limited (together, the "Joint Offerors") for all the issued H Shares (other than those already owned, controlled or agreed to be acquired by the Joint Offerors and parties acting in concert with any of them who have undertaken not to accept the Offer) became unconditional in all respects on 29 May 2017.

The last day of dealing in the H Shares on the Stock Exchange will be 5 June 2017. Trading in the H Shares will be suspended from 6 June 2017 and will remain suspended until the withdrawal of listing of the H Shares from the Stock Exchange from 9:00 a.m. on 16 June 2017.

The Joint Offerors have no rights under the laws of the PRC and the Articles of Association of the Company to compulsorily acquire the H Shares that are not tendered for acceptance pursuant to the Offer. Accordingly, the H Shareholders are reminded that if they do not accept the Offer and the Offer subsequently becomes unconditional in all respects, and the H Shares are delisted from the Stock Exchange, this will result in the H Shareholders holding securities that are not listed on the Stock Exchange and the liquidity of the H Shares may be severely reduced.

Unless the Offer is extended, the latest time and date for acceptance of the Offer will be 4:00 p.m. on 26 June 2017 ("Closing Date") and the latest date for posting of remittances for the amounts due under the Offer in respect of valid acceptances received at or before the latest time for acceptances of the Offer on the Closing Date will be 5 July 2017.

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Quam IR Awards 2016 Ceremony Held in Recognition of Exceptional Performances by 14 Listed Companies

May 31, 2017, 4:38 am

≫ Next: Honma Golf Announces FY2017 Annual Results; Net Profit Rose by 38.9% Hitting JPY5.0 Billion

≪ Previous: Shandong Luoxin Pharmaceutical's Withdrawal of Listing H Shares on HKEx Approved by Shareholders; Offer becomes Unconditional in All Respects

Gaining Wide Support from Business Elites and Media in Hong Kong and China

HONG KONG, May 31, 2017 - (ACN Newswire) - The awards presentation ceremony for the Quam IR Awards 2016 (QIRA) took place on 25 May, 2017 at Four Seasons Hotel Hong Kong. Business elites of the awarded listed companies received the distinction, shared their joy at the ceremony. Eminent figures from the business community and notable guests supported the event and exchanged the ideas of excellent investor relations.

Stepping into its second year,
Quam IR Awards recognize excellence in investor relations

Since Quam IR Awards was held for the first time last year, it aims to honor models of practice and leadership in Investor Relations (IR) among the listed companies in the Asia Pacific region. Our winners have been devoted in upholding transparent communications between companies and stakeholders throughout 2016. The Quam IR Awards serves as the well-recognized testimonials to the winners' excellence, which can help bring accreditation and prestige to the winning companies and their remarkable achievement in the area of IR among shareholders, institutional investors, equity research analysts and financial media.

Awarded companies in Quam IR Awards 2016 come from various categories, ranging from Hang Seng Index Constituents, Main Board and First Year After Listing companies, representing multi-national enterprises to local companies. A total of 14 awards were presented, the winners include Bank of China Limited, CK Infrastructure Holdings Limited, China Aircraft Leasing Group Holdings Limited, China Cinda Asset Management Co., Ltd, China Everbright Limited, China LotSynergy Holdings Limited, D&G Technology Holding Company Limited, Dah Chong Hong Holdings Limited, EFT Solutions Holdings Limited, The Hong Kong and China Gas Company Limited, Kerry Logistics, Li & Fung Limited, Shui On Land Limited, and WWPKG Holdings Company Limited.

Eminent figures and elites showed their support

At the ceremony, Mr. Richard Winter, Executive Director of Quam Financial Service Group, said "This year, the awarded companies are definitely the role models in their respective industry. With excellent governance culture, their expertise in investor relations is widely recognized. They have deep understanding on sustainable development that strive them to improve investor relations, to keep their commitments with investors, and to make a more rock-solid business platform for industry peers."

Quam IR was honored to invite Ms Mabel Chan, President of Hong Kong Institute of Certified Public Accountants; Prof Daniel M. Cheng, MH, JP, Chairman of Federation of Hong Kong Industries; Mr. Louis Leung, President of Hong Kong Chinese Industry and Commerce Association; Mr. Ivan Tam, President of The Hong Kong Institute of Chartered Secretaries; Mr. Stephen Wong, Adjunct Associate Professor of Institute of China Business, University of Hong Kong, SPACE; and Hon Wong Ting-kwong, SBS, JP, Legislative Councilor of HKSAR (Functional Constituency - Import and Export), as our guests of honor to witness the glorification of the listed companies demonstrated IR excellence.

Ms Mabel Chan said, "This year, the winning companies not only excel in investor relations, but also set an outstanding example to other listed companies. Furthermore, they help strengthen Hong Kong's position as a leading international financial centre." Prof Daniel M. Cheng, MH, JP said the awarded companies this year have demonstrated perseverance in improving investor relations and establishing effective corporate culture, meanwhile they have successfully yielded the support from investors and shareholders. Though the business environment is ever changing, the companies are dedicated to provide information to the public with open-minded attitude.

Mr. Louis Leung emphasized that different economies face vigorous competition from abroad. By enhancing both domestic and international competitiveness, the excellent investor relations of listed companies contribute to the capital market of Hong Kong and take Hong Kong to a world leading level.

Mr. Ivan Tam said Quam IR Awards 2016 recognizes the winning companies for their achievements in investor relations. Their vigorous devotion has raised the standard of corporate governance and investor relations to a new level.

Meanwhile, Mr. Stephen Wong, strongly believed that Quam IR Awards 2016 has provided a good way of public acknowledgement on investor relations and laid a solid foundation for developing investor relations in general. Hon Wong Ting-kwong, SBS, JP added that the awarded companies have been disclosing the most valuable information in an all-rounded and professional manner on the open platform.

Unfailing support from media & sponsors

Apart from the support of notable guests, the award presentation ceremony attracted numerous media and sponsors in Hong Kong and China. Our supporting media partners include Metro Daily, The Standard, eeo.com.cn, caiguu.com, CEO FX, CNFOL, FXgold, FX678, OTCbeta, PEdaily, p5w, Stock Star and ysslc.com and so on. Besides, several companies supported QIRA by offering products & prize sponsorship, namely Adiren Gagnon, BU Health, Canon Hongkong Company Limited, EyeCare HK, FX Creations International Limited, Hamilton Hill International Kindergarten and YOU. C1000 and so on.

Key to success of winning listed companies

CALC strives to improve investor relations--
Mr. Bill Hui, Financial Controller of CALC, stated that the company has been proactively working on the globalization strategy underpinned by innovative financing channels, which supports sustainable growth. Meanwhile, the company also suggests outstanding business models to provide one-stop aircraft solutions, such as new aircrafts leasing, sale-and-leaseback of old aircraft, fleet replacement package deal and aircraft disaseembly for airline companies.

D&G Technology focuses on the interaction with investors--
Ms Glendy Choi, Executive Director and CEO of D&G Technology Holding Company Limited, said the company is very honored to be awarded with Quam IR Awards again. The Group has been keeping close relationships with investors since its listing. Through timely disclosure of the Group's latest information, investors are allowed to follow their latest development.

Dah Chong Hong values investor relations--
Ms Kitty Fung, Executive Director and Chief Financial Officer of Dah Chong Hong Holdings Limited shared, "We endeavour to engage shareholders and investors through well-planned IR & ESG programs in a proactive manner. We cherish such good relationships with the investment community and will continue to raise the bar for best IR practices."

EFT dedicated to integrating the quality of investor relations--
Mr Andrew Lo, Chairman, Executive Director and Chief Executive Officer of EFT Solutions Holdings Limited, said that apart from focusing on the business development and the technology of electronic payment in Hong Kong, the company also emphasizes on the transparency IR betterment in another. The company discloses corporate information and interacts with investors in a timely and proactive manner, which gives a better understanding to investors about the company.

Shui On Land Limited maintains aims to step towards the global capital market--
Ms Doreen Chiu, Senior IR Manager Shui On Land Limited, shared "SOL IR team has put great efforts in increasing transparency and providing investors with access to corporate information in a timely and fair manner over the past years. In the future, we will continue to enhance its exposure to investors and also the global capital markets."

The Hong Kong & China Gas Co Ltd's IR keeps the two-way communication with investors--
Mr. John Ho, Chief Financial Officer and Company Secretary of The Hong Kong & China Gas Co Ltd (Towngas) focuses on the importance of keeping two-way communication with investors. Through different measures such as company website, investing conference, roadshows, marketing investigation interviews and conference calling, the company discloses corporate information in diversified ways, which integrates the transparency and maintains high level of corporate governance.

WWPKG promotes diversified businesses through investor relations--
Mr. Jessica Yuen, Business Development Manager of WWPKG Holdings Company Limited said investor relations has been the focus of the company since it was listed in Hong Kong. The company pays a great effort in integrating its transparency, disclosing latest corporate information and interacting with its investors. The company is recognized in different aspect and it is the first time to be recognized for its IR betterment, which is very meaningful to the company.

The list of awardees at Quam IR Awards 2016 (in alphabetical order):

1. Bank of China Ltd (HKEx: 3988) / Hong Kong Index Constituents (Hang Seng Index) Category
2. CK Infrastructure Holdings Ltd (HKEx: 1038) / Hong Kong Index Constituents (Hang Seng Index) Category
3. China Aircraft Leasing Group Holdings Ltd (HKEx: 1848) / Main Board Category
4. China Cinda Asset Management Co,, Ltd (HKEx: 1359) / Main Board Category
5. China Everbright Ltd (HKEx: 165) / Main Board Category
6. China LotSynergy Holdings Ltd (HKEx: 1371) / Main Board Category
7. D&G Technology Holding Company Ltd (HKEx: 1301) / Main Board Category
8. Dah Chong Hong Holdings Ltd (HKEx: 1828) / Main Board Category
9. EFT Solutions Holdings Ltd (HKEx: 8062) / First Year After Listing Category
10. The Hong Kong and China Gas Company Ltd (HKEx: 0003) / Hong Kong Index Constituents (Hang Seng Index) Category
11. Kerry Logistics (HKEx: 0636) / Main Board Category
12. Li & Fung Ltd (HKEx: 0494) / Hong Kong Index Constituents (Hang Seng Index) Category
13. Shui On Land Ltd (HKEx: 0272) / Main Board Category
14. WWPKG Holdings Company Ltd (HKEx: 8069) / First Year After Listing Category

Quam IR Awards website: http://quamedm.quamnet.com/landing/QIRA2016/en_US/index.html

For enquiries:

Quam IR, Marketing & PR -
Jane Chan, +852-2217-2906, jane.chan@quamgroup.com
Stella Yuen, +852-2217-2908, stella.yuen@quamgroup.com
Tong Man Fung, +852-2217-2682, mf.tong@quamgroup.com
Nicola Lung, +852-2217-2909, nicola.lung@quamgroup.com

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Honma Golf Announces FY2017 Annual Results; Net Profit Rose by 38.9% Hitting JPY5.0 Billion

May 30, 2017, 6:04 pm

≫ Next: Hong Kong Investor Relations Association Announces Winners of 3rd IR Awards 2017

≪ Previous: Quam IR Awards 2016 Ceremony Held in Recognition of Exceptional Performances by 14 Listed Companies

HONG KONG, May 31, 2017 - (ACN Newswire) - Honma Golf Limited ("Honma Golf" or the "Company"; together with its subsidiaries, the "Group", stock code: 06858), one of the most prestigious and iconic brands in the golf industry, announces the consolidated results for the year ended 31 March 2017(the "Period").

Financial Highlights:
- Revenue rose by 8.4% on reported basis and 12.7% on constant currency basis to JPY24.2 billion, continuing to demonstrate solid and profitable growth;
-All three main product categories achieved double-digit growth on constant currency basis:
-- Golf clubs - 11.4% year-on-year growth;
-- Golf balls - 83.4% year-on-year growth;
-- Bags, apparels and other accessories - 11.9% year-on-year growth;
- All our home markets continued to present robust growth on constant currency basis:
-- Japan - 8.9% year-on-year growth;
-- Korea - 21.7% year-on-year growth;
-- China (including Hong Kong and Macau) - 18.8% year-on-year growth;
- Gross profit increased by 10.3% to JPY14.5 billion and gross profit margin reached 60.0%;
- Operating profit improved by 19.8% and operating profit margin grew by 1.9 percentage points, reaching 20.4%;
- Net profit rose by 38.9% to JPY5.0 billion and net profit margin expanded to 20.5%;
- Net cash flows generated from operating activities amounted to JPY3.7 billion, representing a 160.0% improvement;
- Inventories nudged lower to JPY6.3 billion, down by 14.8%;
- Proposed final dividend of JPY3.00 per share, amounting to approximately a total of JPY1.8 billion and representing approximately 40% of the Group's distributable profit for FY 2017.

Fueled by the various growth initiatives, the Group continued to deliver solid and profitable revenue growth. During FY2017, the Group's revenue rose by 8.4% on reported basis and 12.7% on constant currency basis to JPY24.2 billion. Gross profit increased by 10.3% to JPY14.5 billion and gross profit margin reached 60.0%. Net profit rose by 38.9% to JPY5.0 billion and net profit margin expanded to 20.5%. The Group proposed a final dividend of JPY3.00 per share, representing approximately 40% of the Group's distributable profit for FY2017.

Mr. Liu Jianguo, Chairman of the Board, President and Executive Director of Honma Golf Limited said, "FY2017 marks an important milestone in the Group's mid-term growth plan. The successful IPO has allowed the Group to tap into the international capital market, strengthen its capital structure and accelerate the execution of its mid-term growth plan. Driven by a rooted principle of pursuing profitable and sustainable growth, we managed to deliver a delightful set of results as a newly listed company, which clearly illustrates our Group's strong brand equity, sensible planning and robust execution capabilities. The strong cash flow generation and the confidence in the Group's continuous future growth enable us to propose a dividend of JPY3.00 per share." Looking ahead, the Group will continue to build a world-leading golf lifestyle company on the foundation of its craftsmanship heritage, product excellence and brand equity. The group will accelerate the expansion into North America and Europe which are nascent to the Group yet account for a significant share of the global golf products market. The Group will also leverage on the strength of its brand equity to pivot growth in balls, apparels and accessories with the aim to increase the value share of its non-club business to industry average.

Revenue by Geography
During FY2017, Japan, Korea and China (including Hong Kong and Macau), which are our home markets, were the primary drivers of the Group's revenue growth and contributed to 85.8% of the Group's total revenue. Revenue for these three markets increased by 8.9%, 21.7% and 18.8% respectively on constant currency basis, which firmly demonstrates the Group's strong performance in achieving sustainable growth in our home markets.

Robust Revenue Growth in All Three Main Product Categories
The Group recorded robust revenue growth in all three main product categories during FY2017. Revenue for golf clubs, golf balls and bags, apparels and other accessories increased by 11.4%, 83.4% and 11.9% respectively on constant currency basis while golf clubs continue to account for more than 80% of the Group's total revenue. In particular, revenue for Be Zeal and TOUR WORLD rose by 120.4% and 13.0% on constant currency basis, respectively, reconfirming the Group's strategy to penetrate deeper into the high growth consumer segments. The Group also established dedicated sales teams for its non-club product categories and further expanded its sales and distribution channels in home and new markets.

About Honma Golf Limited
HONMA is one of the most prestigious and iconic brands in the golf industry, synonymous with intricate craftsmanship, dedication to performance excellence and distinguished product quality. Honma Golf was successfully listed on the Main Board of the Stock Exchange of Hong Kong Limited on 6th October 2016 (Stock Code: 6858). The Company predominantly designs, develops, manufactures and sells a comprehensive range of aesthetically-crafted and performance-driven golf clubs, under three major product families, namely BERES, TOUR WORLD and Be ZEAL, each targeting specific consumer segments. Honma Golf also offers customers a complete golf lifestyle experience through an extensive portfolio of golf balls, bags, apparels and other accessories. According to Frost & Sullivan, HONMA ranks among the top ten golf product brands in the world and is the number one brand for premium golf clubs, in each case in terms of retail sales in 2015. It was also the fastest growing brand within the top 10 golf products brands as measured by year-on-year retail sales growth from 2014 to 2015. Honma Golf's products are sold in approximately 50 countries worldwide, primarily in Asia and also across North America, Europe and other regions.

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Hong Kong Investor Relations Association Announces Winners of 3rd IR Awards 2017

May 31, 2017, 12:19 am

≫ Next: FASHIONALLY.com x WAGAMAMA PLAYGROUND Pop-up Store to Support Local Design

≪ Previous: Honma Golf Announces FY2017 Annual Results; Net Profit Rose by 38.9% Hitting JPY5.0 Billion

Tencent Holdings receives The Overall Best IR Award (Large Cap)

HONG KONG, May 31, 2017 - (ACN Newswire) - Hong Kong Investor Relations Association (HKIRA) today announced the winners of the HKIRA 3rd Investor Relations Awards 2017 (the "IR Awards" or "Awards").

The IR Awards aims to recognise outstanding IR efforts made by companies and individuals and to promote best IR practices. Over 250 Guests from listed companies, the IR industry and investor community were presented at today IR Awards Conference and Awards Presentation Luncheon to celebrate the winners' IR excellence and dedication. HKIRA was honoured to have Mr. Romnesh Lamba, Co-head of Market Development, Hong Kong Exchanges and Clearing Limited, as the keynote speaker at the Award Presentation Luncheon.

The 3rd IR Awards, as in the previous years, received widespread support from the investment community and 165 listed companies confirmed participation. Award winners were selected based on online voting from both the buy-side and sell-side investors. Over 640 eligible voters casted a total of more than 8,400 votes for their best IR professionals and companies, and 54 listed companies received awards in different categories.

The Overall Best IR Company is the highest award recognition, which is selected among the winners of all the award categories by the Judging Panel comprising expertise from different backgrounds, to honour companies which demonstrate outstanding and all-round excellence in their IR efforts. This year, the winners of the Overall Best IR Company by company size - Large Cap, Mid Cap, and Small Cap go to Tencent Holdings Limited (stock code: 700), Tongda Group Holdings Limited (stock code: 698) and Canvest Environmental Protection Group Company Limited (stock code: 1381) respectively.

Three new award categories have been added to the seven in previous year, including the Most Progress in IR, Best IR in Corporate Transaction and Best Investor Meeting. The other seven award categories, namely, Best IR Company, Best IR by Chairman/CEO, Best IR by CFO, Best IRO, Best IR Presentation Collaterals, Best IR Company for an IPO, and the Overall Best IR Company together with the three new award categories were added to help strengthen recognition of the IR profession and their efforts.

Dr. Eva Chan, Founding Chairman of HKIRA, said, "It is the third year of the IR Awards since it was first launched in 2015. We are glad to see the IR Award is getting increasing support from the listed companies and investment community. The awareness of the importance of IR best practices is rising, which is conducive to professional development of the IR industry. Our aspiration for the IR Awards is for it to serve the industry as a benchmark for excellence in investor relations, and in turn help Hong Kong maintain its position as a key financial centre in the world. The poll results represent a vote of confidence from the investment community for the IR excellence the winners have achieved."

For the complete list of winners, please visit http://hkira.com/awards/winners.php

Strategic Public Relations Group is proud to be the Official Public Relations Partner and Diamond Sponsor of the HKIRA IR Awards 2017.

Judging Panel

- Professor Louis Cheng (Chairman of the Judging Panel)
Professor of Finance, School of Accounting & Finance, Hong Kong Polytechnic University

- Mrs. Amy Donati
Chief Executive Officer, EDICO Financial Press Services Limited

- Ms. Ashley Khoo
President, The Hong Kong Society of Financial Analysts

- Ms. Victoria Mio
CIO, Co-Head Asia Pacific Equities and Fund Manager Chinese Equities, Robeco Asia Pacific

- Professor Raymond So, BBS, JP
Dean, School of Continuing Education, Hong Kong Baptist University

- Mr. Marcus Sultzer
International Managing Director, EQS Group AG

- Mr. Kim Man Wong
Council Member, Hong Kong Institute of Certified Public Accountants

- Ms. Melissa Wu
Partner, Head of Audit, KPMG Hong Kong

- Ms. Helen Zee
General Committee Member, The Chamber of Hong Kong Listed Companies

About HKIRA

Hong Kong Investor Relations Association (HKIRA) is a professional association comprising investor relations practitioners and corporate officers responsible for communications between corporate management and the investment community. HKIRA advocates the setting of international standards in IR education advances the best IR practices and meet the professional development needs of those interested in pursuing the investor relations profession.

HKIRA is dedicated to advancing the practice of IR as well as the professional competency and status of our members. To date, HKIRA has around 650 members and most of them are working for companies primarily listed on the Stock Exchange of Hong Kong. HKIRA's membership profile covers a wide spectrum of professions from IR, finance, accounting, company secretarial to corporate investment roles. It consists of executives at various stages of their career, including the top executives from the IR professional and also the C-level management of listed companies. For more information about HKIRA, please visit www.hkira.com

Media enquiries:

Strategic Public Relations Group
Cindy Lung, +852 2864 4867, cindy.lung@sprg.com.hk
Stephanie Liu, +852 2864 4852, stephanie.liu@sprg.com.hk
Adrianna Lau, +852 2114 4987, adrianna.lau@sprg.com.hk
Website: www.sprg.asia

Hong Kong Investor Relations Association
Selina Li, +852 2117 1846, irawards@hkira.com
Website: www.hkira.com

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FASHIONALLY.com x WAGAMAMA PLAYGROUND Pop-up Store to Support Local Design

May 31, 2017, 1:30 am

≫ Next: China Goldjoy Included as a Constituent Stock of the MSCI Hong Kong Small Cap Index

≪ Previous: Hong Kong Investor Relations Association Announces Winners of 3rd IR Awards 2017

FASHIONALLY.com x WAGAMAMA PLAYGROUND Pop-up Store to Support Local Design

HONG KONG, May 31, 2017 - (ACN Newswire) - FASHIONALLY, a local online fashion communication hub supported by the Hong Kong Trade Development Council (HKTDC), will set up a pop-up store from 8 to 21 June to promote local fashion brands at designer boutique WAGAMAMA PLAYGROUND in Causeway Bay, an area that has become a downtown creativity base with its concentration of specialty shops. The "FASHIONALLY.com x WAGAMAMA PLAYGROUND Pop-up Store" will feature the latest collections from 10 budding local designer brands. In addition, the Pop-up Store, together with various indie shops in the street, will throw a party entitled "[Can3 Heoi1] @ FASHIONALLY.com x WAGAMAMA PLAYGROUND Pop-up Store" next Friday (9 June). Members of the public are invited to take part to show their support for local creations.

- FASHIONALLY.com x WAGAMAMA PLAYGROUND Pop-up Store

WAGAMAMA PLAYGROUND was established by local designers Kee Chung and Mike Lee to sell trendy items and alternative fashion from their own brand. The boutique occasionally features joint promotions to help new local labels gain more exposure and expand the shop's offerings. At the FASHIONALLY.com x WAGAMAMA PLAYGROUND Pop-up Store, WAGAMAMA PLAYGROUND will team up with nine local fashion brands to feature avant-garde designs from multiple designer brands, showcasing the abundant creativity of Hong Kong designers.

Participating brands are: WAGAMAMA PLAYGROUND, YEUNG CHIN (by Yeung Chin), Phenotypsetter (by Jane Ng), Necro Poon (by Necro Poon), DEMO. (by Derek Chan), FromClothingOf (Shirley Wong), KENSON (by Kenson Tam), Sketcharound (by Priscilla So), LAPEEWEE (by Yannes Wong & Stephanie Wong) and kenaxleung (by Kenax Leung).

VIP members of WAGAMAMA PLAYGROUND are entitled to a 15 per cent discount on any single-item purchase, or a 20 per cent discount on any purchase of two or more items. Other customers can enjoy a 15 per cent discount on any purchase of two or more items. Each purchase comes with a chance to get a clutch bag designed for FASHIONALLY by renowned designer Cecilia Ma (reference retail price: HK$2,320).

Fast facts:
Event: FASHIONALLY.com x WAGAMAMA PLAYGROUND Pop-up Store
Highlights: The latest collections from 10 local designers
Venue: WAGAMAMA PLAYGROUND, G/F, 29 Haven Street, Causeway Bay, Hong Kong
Date: 8-21 June 2017
Opening hours: Mondays to Sundays: 3pm-10pm

- Party time: [Can3Heoi1]@FASHIONALLY.com x WAGAMAMA PLAYGROUND Pop-up Store

Members of the public are welcome to join the "[Can3Heoi1]@FASHIONALLY.com x WAGAMAMA PLAYGROUND Pop-up Store" party on 9 June. Shoppers who get a stamp from party performers on Haven Street will enjoy discounts at various shops including Still House, GoodDay Cafe, Ladies & Gentlemen, Cafe R&C and Mammy Pancake.

Fast facts:
Event: [Can3Heoi1]@FASHIONALLY.com x WAGAMAMA PLAYGROUND Pop-up Store
Venue: Haven Street, Causeway Bay
Date: Friday, 9 June 2017
Time: 7pm-9:30pm

The Pop-up Store and party will help new local fashion brands gain exposure and encourage collaboration across various creative sectors to promote and showcase Hong Kong design. These events are the latest HKTDC initiative to support Hong Kong fashion brands and young talent by providing promotion, marketing, sharing and communication channels. The next Hong Kong Young Designers' Contest (YDC) will take place in September.

Photo Download: http://bit.ly/2qyWfHX

Media Registration:
Media representatives wishing to cover the event may register on-site with their business cards and/or media identification.

To view press releases in Chinese, please visit http://mediaroom.hktdc.com/tc

About YDC

Launched in 1977, YDC aims to uncover, encourage and nurture local design talent. It has long been a source of fresh talent for the Hong Kong's fashion industry, with many past YDC contestants going on to become today's influential designers.

About FASHIONALLY (www.fashionally.com)

Operated by the Hong Kong Trade Development Council (HKTDC), FASHIONALLY.com is a unique online platform featuring information and news about Hong Kong fashion designers and brands, including trend previews, interviews, fashion maps, blogs and information about the YDC. This non-profit website provides a promotion, sharing and communication channel for local fashion talent.

About HKTDC

Established in 1966, the Hong Kong Trade Development Council (HKTDC) is a statutory body dedicated to creating opportunities for Hong Kong's businesses. With more than 40 offices globally, including 13 on the Chinese mainland, the HKTDC promotes Hong Kong as a platform for doing business with China, Asia and the world. With 50 years of experience, the HKTDC organises international exhibitions, conferences and business missions to provide companies, particularly SMEs, with business opportunities on the mainland and in international markets, while providing information via trade publications, research reports and digital channels including the media room. For more information, please visit: www.hktdc.com/aboutus. Follow us on Google+, Twitter @hktdc, LinkedIn.

Google+: https://plus.google.com/+hktdc
Twitter: http://www.twitter.com/hktdc
LinkedIn: http://www.linkedin.com/company/hong-kong-trade-development-council

Contact:
HKTDC
Communication and Public Affairs Department
Joe Kainz
Tel: +852 2584 4216
Email: joe.kainz@hktdc.org

↧

China Goldjoy Included as a Constituent Stock of the MSCI Hong Kong Small Cap Index

June 1, 2017, 12:20 am

≫ Next: C.banner enters JV Agreement with Madden Asia for Establishment of JV Company

≪ Previous: FASHIONALLY.com x WAGAMAMA PLAYGROUND Pop-up Store to Support Local Design

HONG KONG, Jun 1, 2017 - (ACN Newswire) - China Goldjoy Group Limited ("China Goldjoy" or the "Group", HKEX: 1282) is included as a constituent stock of the Morgan Stanley Capital International ("MSCI") Hong Kong Small Cap Index with effect from today.

MSCI Indexes are key benchmarks for institutional investors investing in global equity markets. They cover companies with good operational results and solid potential. Those stocks selected meet various requirements including market capitalisation, liquidity and free float and thus have a high reference value.

Mr. Yao Jianhui, Chairman and Chief Executive Officer of China Goldjoy, said, "We are pleased that China Goldjoy has officially been included as a constituent stock of the MSCI Hong Kong Small Cap Index, which has reflected our market recognition. We believe that this status can help enlarge our shareholder base. Towards this end we will advance towards a more diversified development and a greater value-added business. We will also continue to explore investment opportunities in financial services, healthcare, smart manufacturing, new energy and emerging industries so as to generate more satisfactory returns for shareholders."

About China Goldjoy Group Limited (HKEX: 1282)
China Goldjoy Group Limited is principally engaged in providing comprehensive financial services, diversified industry investment, automation, smart manufacturing and securities investment. The Group is pushing forward with transforming its business at full thrust, aiming to turn itself into a high value-added and well-diversified business. Its new focus is on the development of comprehensive financial services, asset management and emerging industries. Currently, through its licensed subsidiaries, the Group is providing asset and wealth management, securities, futures, precious metals trading and credit financing services in Hong Kong and providing services such as asset management, investment management and financial leasing in the PRC. The Group holds a full suite of financial service licenses under the Securities and Futures Ordinance ("SFO"), namely Type 1 (dealing in securities), Type 2 (dealing in futures contracts), Type 4 (advising on securities), Type 6 (performing corporate finance related work) and Type 9 (asset management).

China Goldjoy is the constituent of several Hang Seng indexes, including the Hang Seng High Beta Index, Hang Seng Internet & Information Technology Index, Hang Seng Global Composite Index, Hang Seng Composite Index Series - Hang Seng Composite Index, Hang Seng Composite Industry Index - Information Technology, Hang Seng LargeCap & MidCap Index, Hang Seng MidCap & SmallCap Index and Hang Seng MidCap Index. The Group is also a constituent stock of the MSCI Hong Kong Small Cap Index, and one of the stocks eligible for trading in Mainland China under the Shanghai-Hong Kong Stock Connect and Shenzhen-Hong Kong Stock Connect schemes.

Company website: www.hk1282.com

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C.banner enters JV Agreement with Madden Asia for Establishment of JV Company

June 2, 2017, 12:33 am

≫ Next: Cybernaut International Completes Name Change; Famous Entrepreneur Zhu Min Assumes Chairmanship

≪ Previous: China Goldjoy Included as a Constituent Stock of the MSCI Hong Kong Small Cap Index

- Promotion, Marketing, Sales and Distribution of Products Bearing "STEVE MADDEN" Marks in the PRC
- The JV Company will open around 150 retail outlets for "STEVE MADDEN" Products in the PRC by end of 2020
- Enable the Group to further expand its business in the mid-to-high end footwear market of the PRC
- Consolidate the Group's status as an international integrated retailer

HONG KONG, Jun 2, 2017 - (ACN Newswire) - C.banner International Holdings Limited ("C.banner" or the "Company", together with its subsidiaries, the "Group", stock code: 1028), the leading international integrated retailer and mid-to-premium footwear brand in China, today is pleased to announce that on 19 May 2017, Xuzhou C.banner Footwear, Ltd ("Xuzhou C.banner"), an indirect wholly-owned subsidiary of the Company, entered into the joint venture agreement with Madden Asia Holding Limited ("Madden Asia") for the establishment of SM (Jiangsu) Co., Ltd, the Joint Venture Company ("JV Company") in the PRC. The JV Company is principally engaged in the business of promoting, marketing, sales and distribution of Products bearing the Marks of "STEVE MADDEN" in the PRC through integration of both online and offline channels and will open around 150 retail outlets for "STEVE MADDEN" Products in the PRC by end of 2020. In addition, the JV Company will sell the "STEVE MADDEN" Products through multiple online sales platforms, including the brand's official website and online platforms operated by third parties.

Pursuant to the JV Agreement, the JV Company is owned as to 50% by Xuzhou C.banner and as to 50% by Madden Asia. On 19 May 2017, Madden International Limited, the holding company of Madden Asia, entered into a trademark sublicense agreement with the JV Company to grant the JV Company an exclusive, non-transferable, non-assignable, limited right and sublicense to use "MADDEN" and "STEVE MADDEN" along with variations thereof such as "MADDEN GIRL" and "STEVEN BY STEVE MADDEN" ("Marks") in the PRC solely in connection with the promotion, marketing, sale and distribution of the Products bearing the Marks in the PRC.

Mr. Steve Madden, footwear fashion mogul of the 21st century, created "STEVE MADDEN" after his own name in 1990. "STEVE MADDEN" is known for its sexy-urban-fun elements, and its shoes are a combination of unprecedentedness, wildness and style. The brand is best known for its clunky shoes. "STEVE MADDEN" has caught the hearts of young women with its edgy and unique footwear since its establishment, and is wildly loved by stars, celebrities, and stylists across Europe and America. The brand grew with its target customers. "STEVE MADDEN" is now a stylish yet creative brand, and has expanded its business to other fashion accessories such as handbags, belts, jewelries, sunglasses and socks, all worshipped by fashion lovers across the globe.

Mr. CHEN Yixi, Chairman of C.banner International Holdings Limited said, "It has been one of C.banner's international brand strategies to introduce international famous fashion brand "STEVE MADDEN", targeting mid-to-premium footwear market by entering into the JV Agreement with Madden Asia for the establishment of the JV Company. We believe the brand value of "MADDEN" and "STEVE MADDEN" not only offer a valuable opportunity for C.banner to further enhance its brand image, but also enable the Group to further expand its business in the mid-to-high end footwear market of the PRC. In addition, the Company considers this will add synergy to the Group's diversified brand portfolio and overall business, as well as assist the Group to enhance its market share and influence in the industry, which will further consolidate the Group's status as an international integrated retailer."

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Cybernaut International Completes Name Change; Famous Entrepreneur Zhu Min Assumes Chairmanship

June 5, 2017, 4:35 am

≫ Next: Northern New Energy Re-classified as "New Energy Materials" under HSICS

≪ Previous: C.banner enters JV Agreement with Madden Asia for Establishment of JV Company

Third from the left - Mr. Zhu Min, Chairman and Executive Director. Forth from the left - Mr. Gao Xiang, Co-chief Executive Officer and Executive Director. First from the left - Mr. Wang Yang, Co-chief Executive Office. Second from the left - Professor Edwin Cheng, Dean of Faculty of Business, The Hong Kong Polytechnic University. Fifth from the left - Dr. James Lei, Acting Director of Intelligent Software and Systems, Hong Kong Applied Science and Technology Research Institute Company Limited

Managements of the Company officiated "Explore Internet+ Education and Innovative Technology Finance" forum with Ms. Agnes Wu, famous financial expert in Hong Kong.

Mr. Zhu Min, Chairman and Executive Director of Cybernaut International (1020.HK) gave a speech.

To Lead the Development of New "Internet+ Education and Innovative Technology Finance" Business

HONG KONG, Jun 5, 2017 - (ACN Newswire) - Cybernaut International Holdings Company Limited ("Cybernaut International" or "the Company") (stock code: 1020.HK), (formerly Sinoref Holdings Limited), which officially changed to its current new name at the end of May, held a celebration cocktail reception cum Forum themed "Explore Internet+ Education and Innovative Technology Finance" today to highlight its future development strategy.

Cybernaut International's new management team made its first-ever public appearance. Mr. Zhu Min, Chairman and Executive Director, Mr. Gao Xiang, Co-chief Executive Officer and Executive Director, and Mr. Wang Yang, Co-chief Executive Officer, were present and spoke to the audience. And, together with Professor Edwin Cheng, Dean of Faculty of Business, The Hong Kong Polytechnic University, and Dr. James Lei, Acting Director of Intelligent Software and Systems, Hong Kong Applied Science and Technology Research Institute Company Limited, they officiated the event, marking the important milestones of the name change and start of new businesses that open a new chapter for the Company. Ms. Agnes Wu, famous financial expert in Hong Kong, was the facilitator encouraging interaction and in-depth communication among the 200 investors and Hong Kong and Mainland China media present. During the event, three management team members shared their own entrepreneurial experiences, analyzed the opportunities and challenges in the Internet+ education and innovative technology finance industry and elaborated on the future business strategy of Cybernaut International.

Mr. Zhu Min, Chairman and Executive Director of Cybernaut International, is a well-known entrepreneur in China and the founder and Chairman of Cybernaut Investment Group (Cybernaut Investment), a leading private equity and venture capital fund in China. He became the Company's major shareholder and was appointed Chairman and Executive Director of the Company in February 2017. He is hailed as the first Chinese overseas student to start a business in Silicon Valley. He co-founded NASDAQ-listed WebEx which was later acquired by Cisco Systems Inc. for US$3.2 billion.

Mr. Zhu, the Chairman, said, "Having taken on the new name Cybernaut International, the Company is building a new international corporate image. Capitalizing on the management team's extensive experience and network in investment management and Internet business, as well as the Company's advantages in technology, capital and internationalization, we plan to develop such new businesses as 'Internet+ Education' and 'Innovative Technology Finance' to broaden our business scope."

Regarding the "Internet+ Education" business, Cybernaut International will strive to bring innovations such as Big Data and education cloud technologies together with the international capital market to create a complete education industrial chain. Mr. Gao has served as Chief Executive Officer of O2O platforms including Yaolan.com and Gome.com.cn and is currently the Joint Chief Executive Officer and Executive Director of Cybernaut International. After graduation, he joined Microsoft Corp at its headquarters and pursued advanced research and development work. Later, he set up the e-commerce portal for Chinese goods, which was subsequently acquired by a NASDAQ-listed company. After he came back to China, he joined several famous websites.

At the forum, Mr. Gao, the Joint Chief Executive Officer and Executive Director, said, "Cybernaut International will start with education, building platforms for education institutions to improve their operational capabilities and to achieve internationalization and networking, thereby constructing an ecosystem for incubation of the 'Internet+ education' business. In the future, Cybernaut International will target mainly first-tier cities such as Beijing, Tianjin, Hangzhou and Chengdu, looking to acquire quality projects and inject into them Cybernaut International's cutting-edge technology and capital, and ultimately bring long-term revenues to the Company."

As for the business of "Innovative Technology Finance," Mr. Wang Yang, Joint Chief Executive Officer of Cybernaut International, said, "The Company will take reference to proven models such as that of Silicon Valley Bank in the US, and push to integrate technological innovations and finance centering around the big cloud infrastructure and Internet+. At the same time, on the back of Mr. Zhu Min's hundred-billion-dollar parent fund held under Cybernaut Investment in Mainland China and the high liquidity capital market in Hong Kong, we will build a new industry ecological alliance to drive our innovative technology finance."

Mr. Wang was former Global Vice President of IBM, responsible for R&D of cloud computing, Big Data and AI. He is also the Vice Chairman of the Big Data Expert Committee of China and the National Cloud Computing Expert Committee in China.

Mr. Zhu Min concluded, "Looking ahead, Cybernaut International will work in sync with Cybernaut Investment in mainland China, lean on the latter's extensive management funds and successful investment experience, as well as the reach of the international listing platform in Hong Kong to effectively consolidate resources and develop the new businesses of 'Internet+ education' and 'innovative technology finance,' so that the Company will have diverse income sources for boosting financial performance and maximizing returns for shareholders."

About Cybernaut International Holdings Company Limited
Cybernaut International Holdings Company Limited, formerly Sinoref Holdings Limited, changed to its current new name since 31 May, 2017. Currently, the company engages in the manufacture and sale of advanced steel flow control products, and the manufacture of paper converting equipments, electronic commerce (e-commerce) and information technology (IT) solution business and money lending business. The company has also been actively exploring other business opportunities with a view to diversifying its existing businesses and exploring new markets. It has established a number of new subsidiaries in Hong Kong and the PRC to develop the new business of "Internet+ Education" and "Innovative Technology Finance ".

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Northern New Energy Re-classified as "New Energy Materials" under HSICS

June 5, 2017, 5:55 am

≫ Next: Shandong Luoxin Pharmaceutical's H Shares Trading is Suspended from 6 June 2017 until its Delisting on 16 June 2017

≪ Previous: Cybernaut International Completes Name Change; Famous Entrepreneur Zhu Min Assumes Chairmanship

More Accurately Reflects the Group's Principal Business Development Direction

HONG KONG, Jun 5, 2017 - (ACN Newswire) - Northern New Energy Holdings Limited ("Northern New Energy" / the "Group", stock code: 8246) announced that its classification under the Hang Seng Industry Classification System ("HSICS") has been changed from "Restaurants" to "New Energy Materials". The change can better reflect the Group's development focus on new energy business.

HSICS is a comprehensive industry classification system designed for the Hong Kong stock market. It meets the need for a detailed industry classification that can reflect the performance of stocks in different sectors. Northern New Energy is currently classified under the "New Energy Materials" subsector in the "Industrial Engineering" sector under the "Industrials" industry.

Northern New Energy is ready to explore the huge potential of the new energy industry that has the benefit of favourable national policies. The Group will expand its business model from Tianjin to more areas and actively identify capable partners and suitable acquisition opportunities to broaden its customer base, enlarge market share and bring maximum returns to shareholders.

Northern New Energy Holdings Limited
Northern New Energy Holdings Limited ("Northern New Energy") formerly known as Noble House (China) Holdings Limited, is a company listed on the GEM Board of the Hong Kong Stock Exchange since 2011 (stock code: 8246). By end of 2015, the Group ventured into new energy business, plus R&D of related technologies and also construction engineering. The Group is also engaged in the operation of restaurants, provision of management services, and sale of processed food and seafood. In 2015, the Group has further diversified its business into property investment.

Media enquiries
Strategic Financial Relations Limited
Keris Leung +852 2864 4863 keris.leung@sprg.com.hk
Fanny Yuen +852 2864 4853 fanny.yuen@sprg.com.hk
Jeffrey Tam +852 2864 4858 jeffrey.tam@sprg.com.hk

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Shandong Luoxin Pharmaceutical's H Shares Trading is Suspended from 6 June 2017 until its Delisting on 16 June 2017

June 6, 2017, 12:39 am

≫ Next: Winson Announces FY2016 Annual Results

≪ Previous: Northern New Energy Re-classified as "New Energy Materials" under HSICS

↧

Winson Announces FY2016 Annual Results

June 7, 2017, 4:50 am

≫ Next: Great Harvest Announces Clarification on Press Article

≪ Previous: Shandong Luoxin Pharmaceutical's H Shares Trading is Suspended from 6 June 2017 until its Delisting on 16 June 2017

Capitalises Its Quality Services and Increases Market Penetration

HONG KONG, Jun 7, 2017 - (ACN Newswire) - Winson Holdings Hong Kong Limited ("Winson" or the "Group"; stock code: 8421), a Hong Kong-based service provider specialising in environmental hygiene services and airline catering support services, has announced its first audited annual results for the year ended 31 March 2017 ("FY2017" or the "year under review") since its listing on The Stock Exchange of Hong Kong Limited ("HKSE") in March 2017.

During the year under review, the Group maintained stable performance and recorded a total revenue of HK$467.5 million (FY2016: HK$449.8 million). In the face of rising cost of labour, the Group managed to achieve stable gross profit at HK$67.3 million, while gross profit margin slightly declined to 14.4% (FY2016: 15.2%). Profit for the year amounted to HK$8.7 million, while net profit margin reached 1.9%, 4.1% if exclude listing expenses. The Group remained in a healthy financial position, with cash and cash equivalents of HK$71.4 million.

Business Review

Environmental Hygiene Services
Environmental hygiene services remained the principal revenue contributor of the Group, generating revenue of HK$432.6 million (FY2016: HK$415.3 million) and accounting for 92.5% of total revenue for the year ended 31 March 2017. Gross profit of HK$62.4 million was recorded, with gross profit margin at 14.4%. As at 31 March 2017, the estimated total value of the Group's contracts in hand was approximately HK$772.6 million, of which HK$356.1 million was ongoing contracts. Furthermore, the Group had won 112 new contracts worth approximately HK$358.2 million in aggregate.

The Group is one of the top ten Environmental hygiene service providers in Hong Kong - ranked 6th in 2015 with 3.8%1 market share based on revenue. In the past year, revenue has risen principally due to customers of office and commercial centres. It has also attracted clients from both the public and private sectors, the former comprise municipal services buildings, while the latter include the management of shopping malls located in the central business district. However, with rising statutory minimum wage and an industry that is labour intensive, the Group's profit has been impacted. Nevertheless, the management has remained resolute in controlling labour and other costs so as to maintain the Group's competitiveness and bolster its market position.

Airline Catering Support Services
Leverage the Group's existing client base, the management has been exploring new business opportunities and extending the service from environmental hygiene services to airline catering support services since 2013. Since then, the airline catering support services business continued to develop favourably during the review year, with revenue rising by 1.2% year on year to HK$34.9 million (FY2016: HK$34.5 million) and thus accounting for 7.5% of total revenue of the Group. Gross profit of HK$5.0 million was recorded, with gross profit margin hovering at 14.2%.

As at 31 March 2017, the estimated total value of the Group's contracts in hand amounted to approximately HK$66.7 million, of which HK$50.0 million was ongoing contracts.

Prospects
Going forward, the management is cautiously optimistic about the development of the Group's two business segments. Such an outlook is based on its awareness of public concerns for environmental hygiene. Furthermore, a healthy tourism industry and the increase in local and international firms establishing offices in Hong Kong are also factors that will continue to stimulate demand for high-quality hygiene services. In respect of airline catering support services, demand will be driven by steadily rising passenger volume as domestic residents continue to willingly spend more of their income on leisure travel. In addition, with fierce competition in the civil aviation industry, airlines are placing greater focus on in-flight services to achieve market differentiation, which includes providing quality catering.

Madam Ng Sing Mui, Chairperson and Executive Director of Winson, said, "The listing of Winson marked the beginning of a new era for us. Although the operating environment was challenging during the year under review, the management has remained resolute in controlling costs so as to maintain the Group's competitiveness and bolster its market position. Going forward, the Group will capitalise on its quality services to move towards premium market segments where it can generate better income, thus bringing promising returns to shareholders in a long run."

About Winson Holdings Hong Kong Limited (Stock code: 8421)
Winson Holdings Hong Kong Limited is a Hong Kong-based service provider specialising in environmental hygiene services and airline catering support services in Hong Kong. The Group started off as an environmental hygiene service provider in 1983 via the incorporation of Winson Cleaning. In 1993, the Group set up Winson Pest Control as a separate pest management service provider. To diversify the Group's business, the Group has commenced the provision of airline catering support services since 2013.

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Website: www.sprg.com.hk

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