12/31/19

Online sales shines over festive season

HONG KONG, Dec 31, 2019 - (ACN Newswire) - Led by online purchases, global festive sales over the last two months have been positive in general, according to a worldwide study of year-end sales released today by the Hong Kong Trade Development Council (HKTDC).

The report consolidated feedback and observations from the HKTDC's global offices regarding the retail sector to analyse the year-end sales performance in Hong Kong's major export destinations, including both traditional and emerging markets. It serves as a bellwether of consumer demand in specific markets and regional economies that can help local small and medium-sized enterprises (SMEs) develop a more focused sales strategy for the coming year.

HKTDC Economist Doris Fung said that retail sales over the festive period show that online shopping is an increasingly popular phenomenon globally. "E-commerce performed particularly well over the past two months, starting from Single's Day and Thanksgiving and running through Black Friday, Cyber Monday and Christmas," she said. "Year-end sales have been positive in most places, especially in the United States, Mainland China and some emerging markets, while sales in France and Japan have been relatively weak due to ongoing protests and the consumption tax hike respectively."

Ms Fung added that consumer electronics such as smartphones, Internet of Things (IoT) home appliances (such as audio and lighting systems and robot vacuums) and "affordable luxury" jewellery were among the most popular items across different markets. In the mainland, consumers spent most on apparel, while demand for skincare products, cosmetics and other health and personal care items were also growing fast. Meanwhile, game consoles (such as the Nintendo Switch) and related software remained popular in Japan.

Ms Fung advised Hong Kong traders to exercise caution over the prospects of a global economic downturn in 2020. "Economic growth is expected to slow down in major economies including the US, Europe, the mainland and India. Hong Kong exporters are likely to be affected by softening global demand, so market and product diversification may help to stabilise their businesses."

Highlights of the report

Mainland China
- The 11th edition of Singles' Day (11 November) remained the biggest shopping fiesta of the year. Alibaba reported record sales of Rmb268.4 billiion (US$38.4 billion), representing 26% growth over the previous year.
- Mainland consumers are shopping more with credit products such as Ant Financial's Huabei, and JD Finance's Baitiao.

United States
- Weekend sales after Thinksgiving (28 November) remained one of the biggest shopping events in the US, providing a big boost to retail sales.
- Online sales on Cyber Monday (2 December) set a new record of US$9.4 billion, growing 19.7% over last year, according to Adobe Analytics, which tracks transactions from 80 of the biggest 100 US online retailers.
- Mastercard SpendingPulse reported that Christmas retail sales increased by 3.4% year-on-year, a slower pace than the 5.1% growth recorded in 2018.
- As US consumers become more inclined to shop online, online sales at Christmas grew 18% to hit a record high, accounting for 14.6% of overall sales. Amazon also reported a record number of online shoppers over the holiday season.

Western Europe
- The UK is the biggest Black Friday (29 November) spender in Europe. According to Barclaycard, which processes one-third of total spending in the UK, sales surged 16.5% during this year's Black Friday promotions.
- Brexit and an end-of-year general election did not weaken the willingness of UK consumers to spend. A survey conducted by the Centre for Retail Research and VoucherCodes predicted that UK shoppers would spend a record GBP1.4 billion (US$1.8 billion) online on Christmas Day.
- In Germany, Christmas sales of consumer electronics were expected to reach EUR8.9 billion (US$9.8 billion), with overall year-end sales increasing 3% over last year.
- In France, online purchases exceeded EUR20 billion (US$22.4 billion) over Black Friday, Cyber Monday and Christmas, according to estimates by trade association Fevad. However, disturbances such as a nationwide strike and ongoing protests had an impact on consumers' willingness to spend.

Japan
- With the consumption tax rate rising from 8% to 10% from 1 October 2019, sales in department stores plunged 17.5% year-on-year in October and 6% in November, according to the Japan Department Stores Association. In addition, sales of winter clothing were affected by the relatively warm weather in Japan this winter.

Emerging markets
- Overall holiday sales were strong. The Association of Internet Trade Companies said Russian shoppers spent US$350 million online on Black Friday, a 30% jump from the previous year.
- In Hungary, an improving economy and healthy labour market encouraged shoppers to spend more. Retail sales were expected to reach US$4.1 billion over the holiday season. By the same token, Czechs had spent US$2.3 billion online in the run-up to Christmas.
- Retail sales also grew steadily in Latin America. In Brazil, retail sales climbed 10.5% to US$0.9 billion on Black Friday, while Chrismas sales were expected to surge 9.5% over last year.
- In Mexico, retail sales during Buen Fin, a four-day shopping event similar to Black Friday, were expected to reach US$6.1 billion, growing 5% over 2018.

References
- HKTDC Research website: http://research.hktdc.com/
- Year-end Sales Gain Momentum Amid Ongoing Economic Uncertainties: https://bit.ly/2Qc4xk9

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via trade publications, research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Follow us on Twitter @hktdc and LinkedIn.
Contact:
Beatrice Lam, Tel: +852 2584 4049, Email: beatrice.hy.lam@hktdc.org


Copyright 2019 ACN Newswire. All rights reserved. www.acnnewswire.com

source http://www.acnnewswire.com/press-release/english/56552/

12/30/19

NetDragon and Beijing Language and Culture University Press Collaborate to Facilitate Chinese Learning Worldwide

HONG KONG, Dec 31, 2019 - (JCN Newswire) - NetDragon Websoft Holdings Limited ("NetDragon" or "the Company", Hong Kong Stock Code: 777), a global leader in building internet communities, is pleased to announce that, the Company and Beijing Language and Culture University Press (the "BLCUP") have entered into a strategic cooperation agreement and a joint venture agreement (the "Agreements") recently in Beijing, under which both parties will jointly set up a company and integrate advanced technologies, resources and ideas, for the establishment of a global Chinese language learning platform.

Liu Dejian, Founder and Chairman of NetDragon delivered a speech on behalf of the Company at the event. Leaders from both parties, including Xiong Li, CEO of NetDragon, Lin Wei, Senior Vice President of NetDragon, Ni Haidong, Secretary of Party Committee of Beijing Language and Culture University (the "BLCU"), Zhang Wangxi, Vice Principal of BLCU, Zhao Junwu, Director of BLCU Asset Management Office and Hao Yun, Secretary of Party General Branch and Chairman of BLCUP attended the event.

In recent years, overseas demand for Chinese language learning has been rising along with its popularity. However, in an overseas non-Chinese environment, obsolete teaching materials and low effectiveness of online content remain some of the major obstacles of Chinese language learning, which lead to low learning efficiency and weak interest among learners.

To facilitate efficient and interesting Chinese language learning in foreign countries, NetDragon and the BLCUP have reached a strategic cooperation, under which both parties will jointly set up a company, which will use authoritative Chinese learning philosophy and education products as the core, supplemented by NetDragon's 3D, AI, VR technologies, to construct an integrated, resourceful and wide-reaching global Chinese language learning platform, hence providing a complete set of digital solution to the Chinese language learning sector worldwide. This Chinese language learning platform will be open to different user groups including learners, teachers, and administrators, and will consist of three parts: international Chinese online learning, international Chinese teaching training and international Chinese teaching management, while integrating teaching, examination, learning and training to serve modern Chinese language learning.

Liu Dejian, Founder and Chairman of NetDragon, commented that NetDragon was one of the pioneering companies to bring VR, AR and AI technologies to the field of education. The Company has high expectations to incorporate such technologies into Chinese language learning in order to help international students to learn the language more quickly and effectively, and to also understand the culture. In addition, with a lengthy track record in online gaming business, NetDragon enjoys superior advantage in content production. Currently, NetDragon is speeding up with internet technology development while progressing with the development of educational content.

Ni Haidong, the Secretary of the Party Committee of BLCU, commented that not only NetDragon has ongoing achievements in education, it also carries a strong sense of social responsibility, which reflects its vision and passion for education as a successful company. Ni Haidong added that he looks forward to furthering collaborations between NetDragon and the BLCU in future.

At the event, the BLCUP appointed Liu Dejian as "Honorary Director of the State Key Laboratory for Press and Publication Technology and Standards at BLCUP". The BLCUP was enlisted as National Key Laboratories of Technology and Standards for Press and Publications. The two parties will jointly develop a platform for research and development and targets to have the implementation as industry standards such that they can provide reference for industry development.

Currently, the BLCUP is one of the most authoritative publishers in international Chinese language teaching and learning. It has a leading market position with more than 3,000 categories of international Chinese language teaching materials published. On the other hand, with over 30 years of operating experience in publishing Chinese textbooks, the BLCUP has accumulated access to a large number of top experts, scholars and teachers in China and overseas. These users can provide professional and authoritative guidance for the establishment of the platform, as well as the most realistic testing ground.

About NetDragon Websoft Holdings Limited
NetDragon Websoft Holdings Limited (HKSE: 0777) is a global leader in building internet communities with a long track record of developing and scaling multiple internet and mobile platforms that impact hundreds of millions of users. These include China's number one online gaming portal, 17173.com, and China's most influential smartphone app store platform, 91 Wireless, which was sold to Baidu for US$1.9 billion in 2013 as the largest Internet M&A transaction in China.

Established in 1999, NetDragon is one of the most reputable and well-known online game developers in China with a history of successful game titles including Eudemons Online, Heroes Evolved and Conquer Online. In recent years, NetDragon has also started to scale its online education business on the back of management's vision to create the largest global online learning community, and to bring the "classroom of the future" to every school around the world. For more information, please visit www.netdragon.com.

For investor enquiries, please contact:
NetDragon Websoft Holdings Limited
Ms. Maggie Zhou
Senior Director of Investor Relations
Tel.: +852 2850 7266 / +86 591 8390 2825
Email: maggie@nd.com.cn
Website: ir.netdragon.com





Copyright 2019 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/2pbRN02

NetDragon and Beijing Language and Culture University Press Collaborate to Facilitate Chinese Learning Worldwide

HONG KONG, Dec 31, 2019 - (ACN Newswire) - NetDragon Websoft Holdings Limited ("NetDragon" or "the Company", Hong Kong Stock Code: 777), a global leader in building internet communities, is pleased to announce that, the Company and Beijing Language and Culture University Press (the "BLCUP") have entered into a strategic cooperation agreement and a joint venture agreement (the "Agreements") recently in Beijing, under which both parties will jointly set up a company and integrate advanced technologies, resources and ideas, for the establishment of a global Chinese language learning platform.


Agreements Signing Ceremony attended by NetDragon and the BLCUP


Ni Haidong (right), Secretary of Party Committee of BLCU appointed Liu Dejian (left), Founder and Chairman of NetDragon as "Honorary Director of the State Key Laboratory for Press and Publication Technology and Standards at BLCUP"


Liu Dejian, Founder and Chairman of NetDragon delivered a speech on behalf of the Company at the event. Leaders from both parties, including Xiong Li, CEO of NetDragon, Lin Wei, Senior Vice President of NetDragon, Ni Haidong, Secretary of Party Committee of Beijing Language and Culture University (the "BLCU"), Zhang Wangxi, Vice Principal of BLCU, Zhao Junwu, Director of BLCU Asset Management Office and Hao Yun, Secretary of Party General Branch and Chairman of BLCUP attended the event.

In recent years, overseas demand for Chinese language learning has been rising along with its popularity. However, in an overseas non-Chinese environment, obsolete teaching materials and low effectiveness of online content remain some of the major obstacles of Chinese language learning, which lead to low learning efficiency and weak interest among learners.

To facilitate efficient and interesting Chinese language learning in foreign countries, NetDragon and the BLCUP have reached a strategic cooperation, under which both parties will jointly set up a company, which will use authoritative Chinese learning philosophy and education products as the core, supplemented by NetDragon's 3D, AI, VR technologies, to construct an integrated, resourceful and wide-reaching global Chinese language learning platform, hence providing a complete set of digital solution to the Chinese language learning sector worldwide. This Chinese language learning platform will be open to different user groups including learners, teachers, and administrators, and will consist of three parts: international Chinese online learning, international Chinese teaching training and international Chinese teaching management, while integrating teaching, examination, learning and training to serve modern Chinese language learning.

Liu Dejian, Founder and Chairman of NetDragon, commented that NetDragon was one of the pioneering companies to bring VR, AR and AI technologies to the field of education. The Company has high expectations to incorporate such technologies into Chinese language learning in order to help international students to learn the language more quickly and effectively, and to also understand the culture. In addition, with a lengthy track record in online gaming business, NetDragon enjoys superior advantage in content production. Currently, NetDragon is speeding up with internet technology development while progressing with the development of educational content.

Ni Haidong, the Secretary of the Party Committee of BLCU, commented that not only NetDragon has ongoing achievements in education, it also carries a strong sense of social responsibility, which reflects its vision and passion for education as a successful company. Ni Haidong added that he looks forward to furthering collaborations between NetDragon and the BLCU in future.

At the event, the BLCUP appointed Liu Dejian as "Honorary Director of the State Key Laboratory for Press and Publication Technology and Standards at BLCUP". The BLCUP was enlisted as National Key Laboratories of Technology and Standards for Press and Publications. The two parties will jointly develop a platform for research and development and targets to have the implementation as industry standards such that they can provide reference for industry development.

Currently, the BLCUP is one of the most authoritative publishers in international Chinese language teaching and learning. It has a leading market position with more than 3,000 categories of international Chinese language teaching materials published. On the other hand, with over 30 years of operating experience in publishing Chinese textbooks, the BLCUP has accumulated access to a large number of top experts, scholars and teachers in China and overseas. These users can provide professional and authoritative guidance for the establishment of the platform, as well as the most realistic testing ground.

About NetDragon Websoft Holdings Limited
NetDragon Websoft Holdings Limited (HKSE: 0777) is a global leader in building internet communities with a long track record of developing and scaling multiple internet and mobile platforms that impact hundreds of millions of users. These include China's number one online gaming portal, 17173.com, and China's most influential smartphone app store platform, 91 Wireless, which was sold to Baidu for US$1.9 billion in 2013 as the largest Internet M&A transaction in China.

Established in 1999, NetDragon is one of the most reputable and well-known online game developers in China with a history of successful game titles including Eudemons Online, Heroes Evolved and Conquer Online. In recent years, NetDragon has also started to scale its online education business on the back of management's vision to create the largest global online learning community, and to bring the "classroom of the future" to every school around the world. For more information, please visit www.netdragon.com.

For investor enquiries, please contact:
NetDragon Websoft Holdings Limited
Ms. Maggie Zhou
Senior Director of Investor Relations
Tel.: +852 2850 7266 / +86 591 8390 2825
Email: maggie@nd.com.cn
Website: ir.netdragon.com


Copyright 2019 ACN Newswire. All rights reserved. www.acnnewswire.com

source http://www.acnnewswire.com/press-release/english/56547/

GHW International Announces Global Offering to Raise Up to HK$162.5 million for Business and Production Expansion

HONG KONG, Dec 30, 2019 - (ACN Newswire) - GHW International ("GHW International" or the "Company", together with its subsidiaries, the "Group"; stock code: 09933.HK), an applied chemical intermediates provider in the integrated services market, today announces details of the global offering (the "Global Offering") and its proposed listing on the Main Board of The Stock Exchange of Hong Kong Limited (the "Stock Exchange").

The Company intends to offer 250,000,000 shares (the "Offer Shares") (subject to the Over-allotment Option) under the Global Offering, comprising 225,000,000 Placing Shares (subject to the Over-allotment Option and reallocation), and 25,000,000 Public Offer Shares (subject to reallocation), representing 90% and 10% of the Offer Shares, respectively. The Offer Shares will represent 25% of the Company's enlarged issued share capital immediately after completion of the Global Offering and the Capitalisation Issue, without taking into account any Shares which may be issued pursuant to the exercise of the Over-allotment Option and the exercise of any option which may be granted under the Share Option Scheme.

The Offer Price will be no more than HK$0.65 per Offer Share and is currently expected to be not less than HK$0.51 per Offer Share, unless otherwise announced. The Offer Shares will be traded in board lots of 4,000 Shares each. Applicants for Offer Shares under the Public Offer are required to pay, on application, the maximum offer price of HK$0.65 for each public offer share, plus the brokerage SFC transaction levy and Stock Exchange trading fee, amount to a total of HK$2,626.2 per board lot.

Fortune Financial Capital Limited is the Sole Sponsor of the Global Offering, while Fortune (HK) Securities Limited and Head & Shoulders Securities Limited act as the Joint Global Coordinators. Fortune (HK) Securities Limited, Head & Shoulders Securities Limited, I Win Securities Limited, SPDB International Capital Limited and First Shanghai Securities Limited act as the Joint Bookrunners and Joint Lead Managers. Alpha International Securities (Hong Kong) Limited, Chung Sun Securities Limited, Standard Perpetual Securities Limited and Livermore Holdings Limited act as the Co-Lead Managers, (together, the "Public Offer Underwriters").

GHW International is an applied chemical intermediates provider in the integrated services market with an established reputation, and a long operating history of over 20 years in the industry.

The Group's business operation consists of four principal business segments which include (i) polyurethane materials, (ii) animal nutrition chemicals, (iii) fine chemicals and (iv) pharmaceutical products and intermediates. According to Frost & Sullivan, the Group was the largest and the second largest seller in choline chloride in terms of sales revenue in the PRC and in the global market in 2018, accounting for approximately 30.3% and 16.8% of the market share, respectively. It was also the fourth largest seller of polyurethane materials in terms of sales revenue in the PRC in 2018. In addition, the Group ranked 46th globally in terms of revenue in the global chemical sales market in 2018, with a recorded total revenue of approximately RMB2,152.9 million.

With headquarters in the PRC, the Group offers a comprehensive product portfolio with a wide range of applications and a full spectrum of services relating to chemical intermediates supply chain through its extensive global operation and sales network, including research and development on production processes, strong product customisation capabilities, manufacturing of quality chemical products, sourcing of wide-ranging chemicals manufactured by third party manufacturers, efficient and safe logistics services and after-sale services.

The net proceeds from the Global Offering (after deducting underwriting fees and estimated expenses payable in connection with the Global Offering), assuming an Offer Price of HK$0.58 per offer share, being the mid-point of the indicative offer price range and the Over-allotment Option is not exercised, will be approximately HK$96.3 million. The Group currently intends to apply the net proceeds from the Global Offering in the following manner:

- approximately 17.2%, or HK$16.6 million, will be used on the initial establishment of the New Production Plant, which is expected to commence operation in the first quarter of 2022 and will consist of production facilities for the production of trimethylamine and a pilot plant for manufacturing pharmaceutical intermediates, respectively;
- approximately 60.4%, or HK$58.2 million, will be used to construct production facilities at the New Production Plant for manufacturing trimethylamine, which is expected to commence production in the second quarter of 2022;
- approximately 10.2%, or HK$9.8 million, will be used on the construction of a pilot plant at the New Production Plant, which is expected to commence production by the end of 2021 for small batch production of various types of pharmaceutical intermediates;
- approximately 2.2% of HK$2.1 million, will be used on the research and development process of our new pharmaceutical product;
- approximately 0.8%, or HK$0.8 million, will be used on purchasing hardware and software for upgrading our existing financial and accounting management system; and
- approximately 9.2%, or HK$8.8 million, will be used as working capital and other general corporate purposes.

Commenting on the future prospects of the Group, Mr. Yin Yanbin, Chairman and Chief Executive Officer, said, "We are confident that the outlook of fine chemicals and feed additives industries would remain positive and we plan to further penetrate in the markets and increase our market shares by introducing more products to expand our revenue base and to satisfy the needs of our customers. As part of our business strategies, we intend to enrich our product portfolio and expand our supply chain vertically in order to capture new market opportunities. We will also continue to invest in our facilities for environmentally friendly production and implement measures to reduce emissions. Furthermore, we will upgrade and optimise our integrated data operation platform for better service quality and operational efficiency and increase our online sales capability. We are confident of consolidating and enhancing our market position in the supply chain of chemical intermediates after successful listing."

The Public Offer is expected to commence at 9:00am on Tuesday, 31 December 2019 and is expected to close at 12:00 noon on Friday, 10 January 2020. Allotment results and the final Offer Price are expected to be published on Monday, 20 January 2020. Dealings in Shares on the Main Board are expected to commence at 9:00 am on Tuesday, 21 January 2020 and the stock code of the Company is 09933.

White Application Forms and Prospectuses of the Company can be obtained from the Public Offer Underwriters and designated branches of Bank of China (Hong Kong) Limited. Applicants may also apply online via the HK eIPO White Form Service Provider through the eIPO App or at www.hkeipo.hk. Applicants can also use the Yellow Application Forms or give electronic application instructions to Hong Kong Securities Clearing Company Limited to effect their applications.

GHW International
Financials at-a-Glance

Global Offering: 250,000,000 Shares (Subject to the Over-allotment Option)
Offering Structure
Public Offer: 25,000,000 Shares (Subject to reallocation)
Placing: 225,000,000 Shares (Subject to reallocation and the Over-allotment Option)
Proposed Offer Price Range: HK$0.51 - HK$0.65 per Offer Share
Based on Offer Price of HK$0.51 per Offer Share / Based on Offer Price of HK$0.65 per Office Share
Market Capitalisation(1): HK$510 million / HK$650 million
Announcement of allotment results: 20 January 2020 (Monday)
Expected Listing Date: 21 January 2020 (Tuesday)
Stock Code: 09933
No. of Shares per board lot 4,000

Note:
(1) The number of Shares used for the calculation of the market capitalisation is calculated based on 1,000,000,000 Shares in issue upon completion of the Global Offering, which comprises the existing 1,000,000 Shares in issue as at the date of this prospectus, 749,000,000 Shares to be issued pursuant to the Capitalisation Issue and 250,000,000 Shares to be issued pursuant to the Global Offering and the dividend payables of the Group as at 30 June 2019 has been taken into account but without taking into account of any Shares which may be issued as a result of the exercise of the Over-allotment Option, the exercise of any options which may be granted under the Share Option Scheme or any Shares which may be allotted and issued or repurchased by the Company pursuant to the general mandates for the allotment and issue or repurchase of Shares.

Track Record
The following is a summary of the combined results of the Company for the financial years ended 31 December 2017, 2018 and 2019 and the six months ended 30 June 2018 and 2019:

Year ended 31 December Six months ended 30 June
2017 2018 2019 2018(unaudited) 2019
Revenue (RMB'000) 1,606,829 2,179,049 2,152,946 1,074,927 935,273
Gross Profit (RMB'000) 164,966 317,611 309,562 180,527 121,964
Gross Profit Margin 10.3% 14.6% 14.4% 16.8% 13.0%
Profit for the year / period (RMB'000) 20,757 79,431 74,257 60,811 16,807


Copyright 2019 ACN Newswire. All rights reserved. www.acnnewswire.com

source http://www.acnnewswire.com/press-release/english/56544/

Huijing Holdings Company Limited Announces Details of Proposed Listing on SEHK Main Board

HONG KONG, Dec 30, 2019 - (ACN Newswire) - Huijing Holdings Company Limited ("Huijing Holdings" or the "Group"), a PRC integrated residential and commercial property developer, with foothold in the Greater Bay Area and strategic focus on Guangdong and Hunan provinces, today announced the details of its proposed listing on the Main Board of The Stock Exchange of Hong Kong Limited ("SEHK"), under the stock code 9968.

Investment Highlights
- The Group is a recognized regional developer, with foothold in the Greater Bay Area. Of the 17 property projects it was acquiring, had completed or was developing as at 30 September 2019, 12 were in the Greater Bay Area and the rest in Heyuan, the Yangtze Mid-Stream Urban Cluster and Yangtze River Delta Urban Cluster. As at 30 September 2019, in terms of site area, approximately 63% of its land reserves (acquired and in the process of acquiring) were in Greater Bay Area
- According to the valuation report prepared by JLL, as at September 30, 2019, the total valuation of Group I to Group IV properties, together with the reference market value for Group V properties and properties in connection with the Group's urban renewal projects (calculated assuming their development will be in accordance with the proposed zoning changes under the "Three-Old Transformation Scheme"), total to approximately RMB43.3 billion after deduction for double counting
- The Group is involved in urban renewal projects in Dongguan. It has completed or begun 11 urban renewal projects since 2013, and has initiated urban renewal process for three projects. Moreover, it holds parcels of or interests in land for seven potential urban renewal projects, and since July 2019 to December 21, 2019, it has been appointed as the provider of preparatory services for three urban renewal projects
- Able to take advantage of the salient features and strengths of each development site to design developments with unique style that can highlight local attractions or features. At present, the Group's properties promoting specific industries comprise of "tourism-healthy living" projects and "innovative technology industry" projects
- Able to effectively control land acquisition and construction costs, thereby enhance profitability. Its gross profit margin increased from 30.2% for the year ended 31 December 2016 to 51.9% for the six months ended 30 June 2019, and its adjusted net profit margin in the same period rose from 16.2% to 18.5%

Offering Details
The Group intends to offer a total of 788,100,000 shares ("Offer Shares") (subject to over-allotment option), of which 90% are for Placing (subject to reallocation and over-allotment option) and the remaining 10% are for the Hong Kong Public Offer (subject to reallocation). The indicative Offer Price range is between HK$1.93 and HK$2.39 per Offer Share. Assuming an Offer Price of HK$2.16 per Offer Share, the mid-point of the indicative Offer Price range, and the over-allotment option is not exercised, the net proceeds from the listing are estimated at approximately HK$1.56 billion.

The Hong Kong Public Offer will commence on 31 December 2019 (Tuesday) at 9:00 a.m. and will end at noon on 9 January 2020 (Thursday). The final Offer Price and allotment results are expected to be announced on 15 January 2020 (Wednesday) and dealing of Huijing Holdings' shares is expected to commence on the Main Board of SEHK on 16 January 2020 (Thursday). Shares will be traded in board lots of 2,000 shares each. China Galaxy International Securities (Hong Kong) Co., Limited is the Sole Sponsor, Joint Global Coordinator, Joint Bookrunner and Joint Lead Manager of the listing.

Investment Highlights
A recognized regional developer with foothold in the Greater Bay Area and strategic focus on high growth potential cities
Since its establishment in 2004, from setting up base in Dongguan, the Group has established foothold in the Greater Bay Area, enjoying policy benefits as an area highlighted as a strategic focus in the PRC's development blueprint. The development of the Greater Bay Area has been referred to by the State Council in its "Guidance on Deepening Regional Cooperation in the Pan-Pearl River Delta Region", and was included in the 13th Five Year Plan in 2016. As at 30 September 2019, in terms of GFA, approximately 37% of the property projects, completed or developing, of the Group were in the Greater Bay Area. In terms of site area, approximately 63% of its land reserves (acquired and in the process of acquiring) were in the Greater Bay Area. Leveraging its success in the Greater Bay Area, the Group have expanded its operations to the Yangtze Mid-Stream Urban Cluster and Yangtze River Delta Urban Cluster in 2016 and 2017 respectively, where it target opportunities in regional cities which has high growth potential, such as Hengyang, Changsha and Hefei. As at 30 September 2019, of the 17 property projects which were being acquired, completed or underdevelopment, 12 were located in the Greater Bay Area, two were located in the Yangtze Mid-Stream City Cluster, two were located in Heyuan and one was located in the Yangtze River Delta Urban Cluster, with site area totaling approximately 2,000,000 sq.m. and planned total GFA of approximately 4,500,000 sq.m.

According to the valuation report prepared by JLL, as at 30 September, 2019, the total market value of the properties under Group I to Group IV, including the project developed by our joint venture, amounted to RMB22.2 billion. The total valuation of Group I to Group IV properties, together with the reference market value for Group V properties and properties in connection with the Group's urban renewal projects (calculated assuming their development will be in accordance with the proposed zoning changes under the "Three-Old Transformation Scheme"), total to approximately RMB43.3 billion after deduction for double counting.

Furthermore, the Group's property projects have earned it accolades and recognitions in the industry. It has been recognized by Sohu as "Dongguan's Most Influential Brand" in 2014, and "Anhui Top-10 City Complex Annual Award" by the Graduate School of Real Estate of Hefei University in 2016.

Experience in urban renewal projects
Huijing has been involved in urban renewal projects in Dongguan, and have completed or begun 11 urban renewal projects since 2013. As at 21 December, 2019, it has initiated the urban renewal process for three projects, and was appointed as the preparatory services provider for three urban renewal projects.

The Group has built working relationships with third party professionals and operators, including design firms, lawyers and accountants, allowing it to more effectively complete for and execute urban renewal developments. Also, it has a dedicated team of 20 employees based in Dongguan which have relevant experience in urban renewal. The Group has conducted its business in Dongguan for more than 15 years, and have since gained an insight into local sentiment and culture, as well as experience in liaising with local authorities. The Group believes such experience would be an advantage for it in handling property developments generally, but would be especially useful in urban renewal projects.

Ability to coordinate various resources for tailoring project-specific development plans for land parcels
With experience in developing various types of property projects, ability to coordinate various resources, and land parcel feasibility studies it conducts for acquisitions it makes, the Group has been able to enhance the realizable value of its land parcels through devising specific development plans. At the same time, it is able to take advantages of the salient features and strengths of each development site to design developments with unique style that can highlight local attractions or features. Currently, the Group's properties promoting specific industries comprise of "tourism-healthy living" projects and "innovative technology industry" projects.

Regarding "tourism-healthy living" projects, the Huijing Yanhu International Resort, located near Hengyang Wild Goose Lake, is designed as an eco-tourism town, taking advantage of the natural greenery and the waterfront offered by Wild Goose Lake, offering destination to customers seeking cultural experiences and ways to maintain a healthy lifestyle. To illustrate the advantage of the initiative, the eco-tourism town has been selected as a central element to the local government's urban planning as it has been identified to serve not only as an important tourist attraction in the region, but also as a stimulant to the local economy.

As for "innovative technology industry" projects, the Group's innovative technologies industry property projects provide communities with sufficient facilities for emerging industries. The Group has entered into a cooperation framework agreement with a local government authority in relation to the development of an AI Town in Dongguan, and is working with Zhejiang University to prepare a feasibility report on the AI town, and provide it with technical support.

Effectively control of land acquisition and construction costs
Capitalizing on its experience in the Greater Bay Area and its proven strategy, the Group has been able to identify and acquire quality and cost-competitive land parcels. Firstly, it adopts a deep-plough strategy where it makes early investments in areas with significant growth potential before the land parcel of that area increases in value. Secondly, its focus on urban renewal projects enable it to acquire land in more urbanized areas at a relatively lower upfront cost, and also with less competition when compared to other methods of acquisition. Thirdly, it adopts a market selection strategy with a uniform land acquisition policy, which has enabled it to control investment risks when making land acquisition decisions. Fourthly, the social amenities (such as hotels, shopping outlets, etc.) that the Group introduces makes it more competitive when acquiring land compared to other competitive bidders who are only able to offer standardized developments, and therefore leads to lower acquisition costs. Further, such social amenities would tend to increase the value of the development as well as the future ASP of the project developed. The Group's land cost as a percentage of revenue decreased from approximately 13.4% for the year ended 31 December 2016, to 9.0% for the year ended 31 December 2018.

Moreover, the Group has built strong relationship with suppliers over the past years. It has also established a comprehensive cost management system managed by a dedicated team, and actively manage the construction period of its developments so as to achieve targeted completion schedule, in order to effectively control cost of sales. The Group's cost of sales continued to improve, decreasing from RMB5,614 per sq.m. for the year ended 31 December 2016 to RMB4,945 per sq.m. for the year ended 31 December 2018. According to data of the National Bureau of Statistics of China, the average price of residential properties in Dongguan for the same period increased from RMB13,780 per sq.m. to RMB17,876 per sq.m.

The stringent and successful cost control strategy of the Group have also helped enhance its profitability. Gross profit margin increased from 30.2% in 2016 to 53.3% in 2018. Adjusted net profit margin also surged from 16.2% to 18.5% .

Professional management team with extensive industry experience
The Group has a management team with rich industry experience. Its Chairman and Non-Executive Director Mr. Lun Ruixiang and Executive Director and CEO Mr. Lun Zhao Ming both possess over 15 years of experience in business development. The management team members have an average of more than 10 years of experience in the real estate industry, covering aspects such as real estate investment, planning, construction, financing and sales.

Future development strategies
Huijing Holdings will implement the mission of "Maintain foothold in Greater Bay Area". With a foothold in Dongguan, it will primarily focus on developments in Guangdong Province and expand into regions such as the Central China Region.

Huijing Holdings will continue to focus on property projects in the Greater Bay Area and Heyuan and continue to make deep-plough investments in high growth potential cities that enjoy government policy support, and continue developments in regions where it already has a foothold, in order to continue building its presence and increasing its market share in these high growth regions. As at 30 September 2019, the Group was holding or developing 11 property projects in the Greater Bay Area with a total site area of 666,652 sq.m., and an aggregate expected GFA of 1.6 million sq.m., and acquired or contracted to acquire land parcels in Dongguan (or interests in such land) with a site area of 634,615 sq.m. and 12 future projects over which development have not yet commenced.

Also, the Group plans to leverage and reinforce its experience in urban renewal developments in the Greater Bay Area, and increase its presence in the field of urban redevelopment through obtaining strategic land parcels in locations where it believes to have high redevelopment potential. As at 30 September 2019, the Group held parcels of or interests in land for seven potential urban renewal projects with a total site area of 379,425 sq.m. The Group will aim to leverage on PRC Government policies to expand its urban renewal operations to other regions in the PRC. Further, since July 2019 until December 21, 2019, the Group was appointed as the preparatory service provider for three urban renewal projects of total site area about 825,000 sq.m.

In addition, the Group will continue to focus on developing integrated tailored developments, and continue to cooperate with entities in emerging industries, ensuring that its business is in line with PRC Government initiatives. For example, the Group has submitted a development proposal for Eastern Automobile City located in Dongguan where the relevant local government authority is set on developing, in Zhangmutou Town, a one-stop destination for automobiles, which would include sales, maintenance, and second-hand trading of cars. The Group believes that its proposal which is in line with local government initiatives would increase its chance of obtaining the relevant land or approvals for development.

Use of proceeds
Assuming the offer price at HK$2.16 per share (being the mid-point of the offer price range) and after deducting the underwriting commissions and other estimated expenses in connection with the global offering, net proceeds from the global offering is estimated at approximately HK$1,564.1 million, which the Group intends to use for the following purposes:

Item / Percentage
- Complete acquisitions of land parcels and/or project companies: 55%
- Repay certain existing interest-bearing bank borrowings and other borrowings: 20%
- Used for development and construction costs: 20%
- Working capital and for other general corporate purposes: 5%

Financial performance
For the year ended 31 December For the six months ended 30 June
(RMB million) 2017 2018 YoY change 2019
Revenue 1,198 2,239 +86.9% 1,316
Gross profit 650 1,193 +83.5% 683
Profit for the year/period 158 401 +153.9% 2441
Net profit margin 13.2% 17.9% +4.7ppts 18.5%

Land reserves
Type / Interest attributable to the Group (RMB hundred million )
Type I: Properties held for sale: 20.16
Type II: Properties held for investment: 9.77
Type III: Properties held under development: 83.68
Type IV: Properties held for future development: 71.52
Type V: Properties to be acquired by the Group in the PRC: 85.25
Total: 270.38

The reference market value for properties in connection with the Group's urban renewal projects (calculated assuming their development will be in accordance with the proposed zoning changes under the "Three-Old Transformation Scheme") is RMB132.60 hundred million.

Source: JLL

About Huijing Holdings Company Limited
Huijing Holdings Company Limited ("Huijing Holdings" or the "Group") is an integrated residential and commercial property developer in the PRC with foothold in the Greater Bay Area and gradually expanding presence to Heyuan, the Yangtze River Delta Urban Cluster and the Yangtze Mid-Stream Urban Cluster. It focuses on urban renewal projects, covering residential property projects, integrated property projects and industry-specific property projects. As at 30 September 2019, the Group held or had agreed to acquire in all 17 property projects in five cities in three provinces. These projects have in aggregate site area of approximately 2,000,000 sq.m. and planned GFA after completion of approximately 4,500,000 sq.m. According to JLL valuation, as at 30 September 2019, the total valuation of Group I to Group IV properties, together with the reference market value for Group V properties and properties in connection with the Group's urban renewal projects (calculated assuming their development will be in accordance with the proposed zoning changes under the "Three-Old Transformation Scheme"), total to approximately RMB43.3 billion.


Copyright 2019 ACN Newswire. All rights reserved. www.acnnewswire.com

source http://www.acnnewswire.com/press-release/english/56541/

Q P Group Announces Details of Proposed Listing on the Main Board of SEHK

HONG KONG, Dec 30, 2019 - (ACN Newswire) - Q P Group Holdings Limited ("Q P Group" or the "Group"), the largest producer of paper based tabletop game products and related products and the second largest producer of paper based greeting cards in the PRC , today announced details of its proposed listing on the Main Board of The Stock Exchange of Hong Kong Limited ("SEHK").


From the left: Mr. MAK Chin Pang, Executive Director; Ms. LIU Shuk Yu Sanny, Executive Director; Mr. CHENG Wan Wai, Founder, Executive Director, Chairman and CEO; and Mr. CHAN Wang Tao Thomas, Executive Director


Offering Details
Q P Group intends to offer a total of 133,000,000 Shares, comprising 119,700,000 International Placing Shares (subject to adjustment and the exercise of the Over-allotment Option) and 13,300,000 Hong Kong Offer Shares (subject to adjustment) at an indicative Offer Price range between HK$1.05 and HK$1.45 per Offer Share. Assuming an Offer Price of HK$1.25 per Offer Share (being the mid-point of the indicative Offer Price range) and that the Over-allotment Option is not exercised, net proceeds from the Global Offering (after deducting the underwriting expenses, commissions and related expenses) are estimated to be approximately HK$120.8 million.

The Hong Kong Public Offering will commence on 31 December 2019 (Tuesday) and will end at 12:00 noon on 9 January 2020 (Thursday). The final Offer Price and results of allocation will be announced on 15 January 2020 (Wednesday). Dealing of Q P Group's Shares on the Main Board of SEHK is expected to commence on 16 January 2020 (Thursday) under the stock code 1412. Shares will be traded in board lots of 2,000 Shares each.

Guotai Junan Capital Limited is the Sole Sponsor of the Global Offering. Guotai Junan Securities (Hong Kong) Limited is the Sole Global Coordinator and Sole Bookrunner. Guotai Junan Securities (Hong Kong) Limited, First Shanghai Securities Limited and Crosby Securities Limited are the Joint Lead Managers.

Investment Highlights
Long-established Paper Product Manufacturing and Printing Services Provider
Q P Group has been accumulated over 30 years of experience in paper products manufacturing and printing. The Group offers a wide spectrum of products, including tabletop games, greeting cards, educational items, premium packaging to gifts and others, to meet different needs of its broad customer base. Apart from manufacturing products based on their specifications, the Group also provides OEM customers with value-adding and customised product engineering services which help them convert ideas into commercialised products. Depending on the design of the products, such value-adding services may cover paper mechanics and product construction.

In addition, the Group is committed to research and development to enhance its production efficiency. It tailor-made an integrated automated card game production line that covers the entire production process, converting printed sheets into packaged card games that are ready for delivery. It has also developed and patented a card game automatic cartoning machine, which enables full automation of the packaging process of card games.

Stable and Long-term Business Relationships with its Major Customers
Attributable to the consistency of its product quality, production capabilities and engineering expertise, Q P Group has cultivated a long-term business relationship with its major customers. Major customers include Hallmark, an international greeting cards publisher, Mattel, a global learning development and play company, and a global play and entertainment company, ranging from eight to 18 years.

Since 2002, the Group has built a stable business relationship with Hallmark, its largest customer. Q P Group is recognised by Hallmark, and has been awarded with "Lean Manufacturing Supplier" in 2013 and 2014, "Certified Quality Supplier" in 2015 and "Supplier of the Year 2016" and "Supplier of the Year 2018".

Solid Manufacturing and Printing Experience with Comprehensive Production Capability
Q P Group operates two key production sites equipped with a comprehensive range of machinery in Dongguan and Heshan, Guangdong in the PRC. To cope with the market needs for high-variety-low-volume orders and capture the growth in Internet retailing, it has established a digital production hub with digital printing and processing machines to handle orders of small quantities at a short lead time while enjoying higher gross profit margin from low volume orders. It also possesses automated production lines tailor-made for some of its major OEM customers to cater for their particular products.

Committed to Technological Development and Adoption of Management Tools
Q P Group is committed to technological development and has been adopting an online digitalised business model in order to keep up with constantly changing technological development, expand its market share and broaden the customer base. The Group has developed five major self-operated websites, allowing web-based order and production processing with quick turnaround time generally ranging from two to seven days from payment to delivery. The Group also adopts different management tools such as lean manufacturing and quick response manufacturing to enhance efficiency and productivity and now is the registered owner of six invention patents and two utility model patents in the PRC.

Comprehensive Quality Management System to Ensure High Product Quality and Manufacturing and Printing Services
Q P Group's quality assurance system focuses on preventive plans and actions that manage quality throughout the production operations. In respect of quality engineering, it formulates testing and inspection plans for product safety testing on raw materials and products which are conducted by DPI Laboratory (DG) the Group's wholly-owned subsidiary. DPI Laboratory (DG) is accredited by different international professional bodies and qualified to conduct tests in accordance with international standards, such as the U.S. and countries in the European Union standards and directives for toys, packaging and general goods. Major customers generally entrust the Group to conduct final quality control before delivery of finished products to the designated warehouses or departure ports.

Experienced and Dedicated Management Team
Q P Group's management team brings years of paper product manufacturing and printing industry knowledge and experience to the Group. Both Mr. Cheng Wan Wai and Mr. Yeung Keng Wu Kenneth, the Group founders, each has more than 30 years of experience in the printing industry. They have together led the Group to become a long-established paper product manufacturing and printing services provider.

Future Strategies
Enhancing Production Capacity and Operational Flexibility
Q P Group will expand its operational capability and presence outside the PRC by exploring business opportunities with manufacturers and production facilities owners in Southeast Asia which are currently not affected by the trade war between the U.S. and the PRC. It intends to relocate the end-to-end production of the majority of principal products, including but not limited to those which are subject or maybe subject to U.S. tariff from the PRC to Vietnam through subcontracting arrangement by the end of 2020.

Furthermore, the Group plans to set up its own production site outside the PRC and acquire a factory building in Vietnam by the end of 2021. The new factory building in Vietnam equipped with complementary machineries and workers with specific skills and knowledge to perform end-to-end production of the majority of its principal products will allow the Group to convert more of its outsourcing to in-house production to further strengthen its position as a manufacturer. It will also provide cost-saving opportunities, greater operational flexibility and better control over quality and delivery of products relative to outsourcing in the long term.

Optimise Product Mix and Production Specialisation
To ensure sufficient production capacity to optimise the product mix to produce products of higher gross profit margins and improve the profitability, the Group finds it vital to reallocate production capacity to Heshan. The Group started reallocating the production capacity between Dongguan Factory and Heshan Factory by relocating some of the production facilities for tabletop games and educational items from Dongguan Factory to Heshan Factory in October 2018. It expects to substantially complete the relocation by December 2020. The Group will construct an additional factory building with a planned GFA of 23,444 sq.m. in the Heshan Factory and such construction is expected to be completed at the end of 2021.

In order to optimise the product mix to produce products of higher gross profit margins, including tabletop games and educational items, the Group intends to expand its OEM customer base for such products by increasing its marketing effort in attending international trade shows, exhibitions, and conventions in more countries to look for new opportunities in new geographical locations and expand the geographical coverage. The Group will also continue to broaden its customer base and diversify our revenue streams through promoting its websites. It plans to continue to use an extensive range of digital marketing strategies as well as traditional marketing strategies to promote its brands. The Group is in the process of including more language options on its websites and increasing product offerings so as to broaden target customer base and further meet the needs of potential customers.

To Upgrade IT Infrastructure
With the increasing popularity of Internet retailing, the Group will continue to develop and enhance its own websites to reach out to a wider customer base without geographical limitation, generate greater sales and seek new business opportunities with corporate customers with its technological capability. In view of the growing trend of automation and data exchange in manufacturing technologies, the Group will strengthen its competitiveness through the introduction of Industry 4.0, which allows the creation of a "smart factory". It plans to upgrade its IT infrastructure by establishing a cloud system, upgrading the existing IT infrastructure in Hong Kong and the PRC, and setting up data warehouse in Dongguan to facilitate the collection of big data from production processes.

Use of Proceeds
Assuming an Offer Price of HK$1.25 per Offer Share (being the mid-point of the indicative Offer Price range), the net proceeds from the Global Offering (after deducting the underwriting expenses, commissions and relate expenses) are estimated to be approximately HK$120.8 million. The Group intends to allocate the net proceeds for the following purposes:

Purpose / Percentage
- Enhancing production capacity and operation flexibility: 52.5%
- Reallocating production capacity to Heshan and enhancing operational efficiency as well as optimising product mix and production specialisation: 25.0%
- Leveraging technological capabilities and upgrading IT infrastructure: 11.7%
- Working capital and other general corporate purposes: 10.8%

Financial Performance
For the year ended 31 December For the six months ended 30 June
2016 2017 2018 2018 2019
HK$'000 HK$'000 HK$'000 HK$'000(unaudited) HK$'000
Revenue 886,343 1,079,630 1,162,979 509,106 564,858
Gross Profit 271,021 275,663 282,067 109,449 160,740
Adjusted net profit for the year / period 89,835 78,889 71,544 9,146 24,343

About Q P Group Holdings Limited
Established in Hong Kong in 1985, Q P Group ranked first in the paper-based tabletop game products and related products manufacturing market in the PRC, and second in the paper-based greeting cards manufacturing market in the PRC, both in terms of export value in 2018. It has established stable and long-term business relationships with major customers in the United States and countries in Europe, including international brand names such as Hallmark and Mattel. Its products are categorised into five principal product categories include (i) tabletop games, (ii) greeting cards, (iii) educational items, (iv) premium packaging, and (v) other products, which are sold on an OEM basis or through self-operated websites. It operates two key production sites in Dongguan and Heshan in PRC.


Copyright 2019 ACN Newswire. All rights reserved. www.acnnewswire.com

source http://www.acnnewswire.com/press-release/english/56538/

12/29/19

台湾、空港の地下鉄路線で非接触型決済を開始

TAOYUAN, TAIWAN, Dec 30, 2019 - (Media OutReach) - 桃園大衆捷運株式会社(桃園捷運)は、2020年1月16日、首都台北と桃園国際空港を行き来する乗客向けに、銀行カードによる非接触型決済を開始します。


桃園捷運スマートカードで世界へ


タップアンドゴーサービスは、VISA、Mastercard、Union Pay、JCBカードのほか、Google Pay、Apple Pay、Samsung PayなどNFC(近距離無線通信)機能を備えたモバイル端末の所有者に提供されます。

地下鉄の便利な最新システムは、先週記者会見で桃園捷運によって発表されました。「スマートな桃園捷運–スマートカードで世界へ」。

Cheng Wen-tsan桃園市長は、首都台北と桃園国際空港を結ぶ高速鉄道(MRT)のタップアンドゴーシステムは、国内外の旅行者に対してより親しみやすさと利便性をもたらすと述べました。

非接触決済の導入は、空港の地下鉄路線が2年前に開通して以来、乗客により良いサービスを提供するために高度な技術を適用する桃園捷運の努力のさらなる証である、とCheng市長は述べました。

桃園捷運は、2年間の運行期間中に、WIFIネットワークとQRコードシステムを導入し、運賃の支払いを合理化しました。

非接触決済が台北のMRT全路線およびその他の公共交通機関に拡大され、より多くの乗客に利益をもたらすことを市長は望んでいます。

空港MTRが3年目に入るにあたり、桃園捷運は、旅行者に「安全、親しみやすさ、インテリジェンス、効率性」を提供するという目標を今後も継続する、と彼は付け加えました。

桃園捷運のLiu Kun-I会長は、より質の高いサービスを提供していくことを国民に約束しました。

1月16日から、Visa、Master、Union Payカードをお持ちのお客様にスピード支払いが開始され、JCBカードをお持ちのお客様には6月から提供される、とLiuは述べます。空港MTR線21駅のすべての回転式改札は、まもなくインテリジェントデバイスによってサポートされます。

同社は来年後半にサードパーティおよび電子決済を導入する予定であるとLiuは述べました。

桃園捷運のPu Her-Chang社長は、スマートサービスにより、面倒なチケット購入プロセスが大幅に削減され、混雑が軽減され、訪問者が「世界へ向けて」楽な旅を楽しむことができると述べています。

ビデオ:https://youtu.be/nGxT6FCrReg

お問い合わせ先
Winnie Lin
Email: merccicloud.lin@tymetro.com.tw


桃園捷運スマートカードで世界へ



Copyright 2019 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/2pbRN02

12/27/19

Powerlong Commercial Management Holdings Limited: Announcement of Offer Price and Allotment Results

HONG KONG, Dec 27, 2019 - (ACN Newswire) - Powerlong Commercial Management Holdings Limited ("Powerlong Commercial" or the "Company") today announces the allotment results of the global offering (the "Global Offering") of its offer shares (the "Offer Shares"). The offer price (the "Offer Price") has been determined at HK$9.50 per Offer Share (excluding brokerage of 1.0%, the SFC transaction levy of 0.0027% and the Stock Exchange trading fee of 0.005%). Based on the Offer Price of HK$9.50 per Offer Share, the net proceeds from the Global Offering to be received by the Company after deducting underwriting fees and commission, and other estimated expenses payable by the Company in relation to the Global Offering and assuming the option granted by the Company to the Sole Global Coordinator to require the Company to issue and allot up to 22,500,000 additional Shares (representing 15% of the Offer Shares initially being offered under the Global Offering) at the Offer Price to cover over-allocations in the International Offering (as hereinafter defined) (the "Over-allotment Option") is not exercised, are estimated to be approximately HK$1,336.0 million.

The Offer Shares initially offered for subscription by the public in Hong Kong (the "Hong Kong Public Offering") have been very significantly over-subscribed. A total of 43,358 valid applications have been received pursuant to the Hong Kong Public Offering on WHITE and YELLOW Application Forms and through giving electronic application instructions to HKSCC via CCASS and through the White Form eIPO Service Provider under the White Form eIPO service (www.eipo.com.hk) for a total of 798,597,500 Hong Kong Offer Shares, representing approximately 53.24 times of the total number of 15,000,000 Hong Kong Offer Shares initially available for subscription under the Hong Kong Public Offering.

As the over-subscription in the Hong Kong Public Offering is more than 50 times of the number of the Offer Shares initially available for subscription under the Hong Kong Public Offering and the Offer Shares initially offered for subscription outside the United States in offshore transactions in reliance on Regulation S (the "International Offering") were over-subscribed, the reallocation procedure as described in the section headed "Structure of the Global Offering - The Hong Kong Public Offering - Reallocation and Clawback" in the Prospectus has been applied. A total of 45,000,000 Shares have been reallocated from the International Offering to the Hong Kong Public Offering, increasing the total number of Offer Shares available under the Hong Kong Public Offering to 60,000,000 Offer Shares, representing 40% of the total number of Offer Shares initially available under the Global Offering (before any exercise of the Over-allotment Option).

The Offer Shares initially offered under the International Offering have been moderately over-subscribed and an over-allocation of 22,500,000 Shares was made in the International Offering. A total of 880,280,865 International Offer Shares have been subscribed, representing approximately 6.52 times of the total number of 135,000,000 International Offer Shares initially available for subscription under the International Offering.The final number of Offer Shares under the International Offering is 90,000,000 Shares (including 14,369,156 Reserved Shares offered under the Preferential Offering), representing 60% of the total number of the Offer Shares initially available under the Global Offering (before exercise of the Over-allotment Option). A total number of 45 placees have been allotted three board lots of Shares or less, representing approximately 28.302% of total number of placees under the International Offering.

A total of 28 valid applications pursuant to the Preferential Offering from Qualifying Powerlong Shareholders on BLUE Application Forms for a total of 27,769,957 Reserved Shares have been received, representing approximately 1.93 times of the total number of 14,369,156 Reserved Shares initially available under the Preferential Offering. 14,369,156 Shares were allocated to Qualifying Powerlong Shareholders.

In connection with the Global Offering, the Company has granted the Over-allotment Option to the international underwriters exercisable by the Sole Global Coordinator on behalf of the international underwriters at any time from the Listing Date until Saturday, 18 January 2020, being the 30th day after the last date for lodging applications under the Hong Kong Public Offering, to require the Company to allot and issue up to an aggregate of 22,500,000 Shares, representing in aggregate 15% of the Shares initially being offered under the Global Offering, at the Offer Price to cover over-allocations in the International Offering, if any.

Based on the Offer Price of HK$9.50 per Offer Share and pursuant to the cornerstone investment agreements with the Cornerstone Investors as disclosed in the section headed "Cornerstone Investors" in the Prospectus, the number of Offer Shares subscribed for by the Cornerstone Investors has now been determined. He Sheng Overseas Holdings Limited has subscribed for 8,196,500 Offer Shares, Liaoning Yonghui Supermarket Co. Ltd. has subscribed for 8,196,500 Offer Shares, Mr. Hui Lin Chit has subscribed for 8,196,500 Offer Shares and Orchid China Master Fund has subscribed for 4,918,000 Offer Shares. The Cornerstone Investors have in aggregate subscribed for 29,507,500 Offer Shares, representing approximately 19.67% of the total number of Offer Shares initially available under the Global Offering (assuming the Over-allotment Option is not exercised) and approximately 4.92% of the total number of issued Shares immediately following the completion of the Global Offering (assuming the Over-allotment Option is not exercised).

ABCI Capital Limited is the Sole Sponsor and the Sole Global Coordinator; ABCI Capital Limited, China Industrial Securities International Capital Limited, Guotai Junan Securities (Hong Kong) Limited, CRIC Securities Company Limited, Zhongtai International Securities Limited and CMB International Capital Limited are the Joint Bookrunners.

About Powerlong Commercial Management Holdings Limited
Powerlong Commercial Management Holdings Limited (the "Company", together with its subsidiaries, the "Group") is a leading commercial operational service provider in China, as measured by GFA under management as of December 31, 2018, according to Frost & Sullivan. As of December 31, 2018, the Group had 45 retail commercial properties under management, with an aggregate GFA under management of approximately 4.5 million sq.m., excluding car parks. The Group was ranked fourth among all commercial operational service providers in China in terms of GFA under management, excluding car parks, as of December 31, 2018, representing a market share of 0.8%. The Group has grown to be a leader in managing and operating retail commercial properties since its establishment in 1993. The Group is one of the few commercial operational service providers in China possessing the expertise and capability of managing a diversified portfolio of retail commercial properties in terms of target consumer, property location and size and property type. As of June 30, 2019, the Group had 45 retail commercial properties under management with an aggregate GFA under management of approximately 6.4 million sq.m., and was contracted to provide commercial operational services for a total of 59 retail commercial properties with an aggregate contracted GFA of approximately 7.5 million sq.m. The Group also provides residential property management services for residential properties, office buildings and serviced apartments. As of June 30, 2019, the Group had 44 properties under management under its residential property management service segment with an aggregate GFA under management of approximately 10.6 million sq.m., and was contracted to manage 69 properties with an aggregate contracted GFA of approximately 17.1 million sq.m.


Copyright 2019 ACN Newswire. All rights reserved. www.acnnewswire.com

source http://www.acnnewswire.com/press-release/english/56524/

JCB Signs a Strategic Partnership Agreement with Keychain to Leverage Blockchain in the Payments Area

TOKYO, Dec 27, 2019 - (ACN Newswire) - JCB Co., Ltd., the leading issuer and acquirer in Japan and a global payment network and Keychain, a leading blockchain technology provider today announced the collaboration in leveraging blockchain in the payment area.


Keychain Core(TM) elements and integration with partners.


Keychain Blockchain Technology
Keychain is building a new global data security infrastructure targeting the financial, industrial, and enterprise spaces. Keychain Core(TM), Keychain's main product, is a solution accelerator that enables Keychain's partners to build applications with self-sovereign identity, data-centric security, secure workflows, contracts, and settlement and custom digital assets. Keychain Core(TM) supports a wide range of devices including personal computers, tablets, smart phones, smart watches, and Internet of Things (IoT) devices.

Keychain Core Capabilities
- Self-sovereign identity
Enables users to create digital identities in a self-sovereign way.
- Data-centric security
Secures any data on any device anywhere in the world with requiring trusted third parties, regardless of the security of the storage and network environments.
- Secure workflows
Secures business workflows, such as payment settlement, with full auditability while maintaining confidentiality.
- Secure contracts
Enables globally compatible digital contract signing and processing.
- Digital assets
Enables regulated organizations to issue custom digital assets. For example: central bank and municipal digital money, energy credits, and gaming assets.

JCB-Keychain Collaboration
With Keychain's technology, JCB aims to increase cyber security and operational integrity in next-generation payments systems, providing JCB users new and delightful ways to engage in everyday payments.

*Keychain Core is a trademark of Keychain.

About JCB

JCB is a global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 30 million merchants as well as cash advance locations around the world. JCB cards are now issued in 24 countries and territories, with more than 130 million cardmembers. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/

About Keychain

Keychain is a leading technology provider that is building managed trust for the digital world. As a leading blockchain technology provider, Keychain aims to fortify operational integrity, reduce risks/cost, streamline business processes, and enable new patterns of business in finance, industry, and enterprise. Keychain's technology has been recognized with prestigious awards including the Global Fintech Award from the Association of Banks in Singapore and the IoT Lab Special Jury Award from Japan's Ministry of Economy Trade, and Industry.

(1) Company name: Keychain
(2) Address: 1-2-6 Lattice Aoyama Square 2F, Minami-Aoyama, Minato-ku, Tokyo 107-0062
(3) Representative: CEO, Jonathan Hope
(4) Business description:
- In 2016, Keychain Pte. Ltd was established in Singapore. Keychain GK is a 100%-owned subsidiary.
- Investors include Monex Ventures, IDATEN Ventures and others
- Activities: Development and licensing of software technology
(5) Established: 2016
(6) Capital fund: 20 million yen
(7) Website: www.keychain.io

Contact
for JCB Co., Ltd.
Kumiko Kida
Corporate Communications
Phone: +81-3-5778-8353
Email: kumiko.kida@jcb.co.jp

for Keychain
Email: engage@keychain.io

Copyright 2019 ACN Newswire. All rights reserved. www.acnnewswire.com

source http://www.acnnewswire.com/press-release/english/56523/

12/26/19

三菱造船、商船三井から国内初のLNG燃料フェリー受注

TOKYO, Dec 27, 2019 - (JCN Newswire) - 三菱重工グループの三菱造船株式会社(社長:大倉 浩治、本社:横浜市西区)は、国内初のLNG燃料フェリー2隻の建造で、株式会社商船三井(社長:池田 潤一郎、本社:東京都港区)と契約を締結しました。本船は下関造船所で建造され、2022年末から2023年前半にかけて順次完成・引き渡される予定です。その後は、株式会社フェリーさんふらわあ(社長:赤坂 光次郎、本店:大分県大分市)が運航する大阪~別府航路に就航します。

本船は、長さ約199.9m、幅28.0m、総トン数約1万7,300トン、最大旅客定員数763人で、13mトラック約136台および乗用車約100台の積載能力があります。主機関は、国内フェリー初となるLNG(液化天然ガス)とA重油それぞれを燃料として使用できる高性能デュアルフューエルエンジンを搭載し、CO2の排出量が従来比20%削減、SOx(硫黄酸化物)の排出量がほぼゼロという優れた環境性能を達成して環境負荷の低減をはかります。

また、既存船に比べて車両区画はトラックの積載台数を大幅に増やし、客室区画はドライバーズルームの拡充や定員一人あたりの面積を大幅に拡大するとともに、大浴場とレストランの拡大や3層吹き抜けのアトリウムをはじめとしたゆとりある開放的なパブリックスペースを設置するなど、モーダルシフトへの対応やカジュアルクルーズ進化の提供に貢献します。

三菱造船では、今後も引き続き、燃費性能・環境性能に優れ、お客様の安定運航に資する貨客船や輸送船の建造と環境負荷低減技術の提供により、お客様とともに多様な課題を解決し、海上交通の活性化と環境保全に貢献していきます。

本リリースの詳細は下記をご参照ください。
https://www.mhi.com/jp/news/story/191227.html

概要:三菱重工業株式会社

詳細は www.mhi.co.jp をご覧ください。



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NECソリューションイノベータ、「ICTを活用した生ごみ分別の参加状況可視化実験」が「ベストナッジ賞」を受賞

TOKYO, Dec 26, 2019 - (JCN Newswire) - NECソリューションイノベータ株式会社(以下、NECソリューションイノベータ)とアミタ株式会社(以下、アミタ)による「ICTを活用した生ごみ分別の参加状況可視化実験」が、環境省が主催する令和元年度「『ベストナッジ賞』コンテスト」において、ベストナッジ賞を受賞しました。

「『ベストナッジ賞』コンテスト」は、幅広い分野の社会・行政の課題の解決に向けて、ナッジ(注1)等の行動科学の理論・知見を活用して行動変容を促進し、効果を測定した実績のある取り組みを表彰するものです。

「ICTを活用した生ごみ分別の参加状況可視化実験」は、2018年8月から11月まで、NECソリューションイノベータおよびアミタが資源循環の高度化を目的に、宮城県南三陸町においてNECソリューションイノベータが取り組んでいる「感謝の研究」(注2) をベースにしてナッジの手法を用いて実施したものです。今回の受賞では、取り組みの新規性、社会的意義や行動科学の適切性等が評価されました。

NECソリューションイノベータとアミタは今後も、蓄積した資源回収データやナッジをはじめとした行動経済学などの知見を活用したサービスの実装を目指し、ICTで資源循環の高度化を推進して、サーキュラーエコノミーの実現に貢献していきます。

本リリースの詳細は下記をご参照ください。
https://www.nec-solutioninnovators.co.jp/press/20191226/index.html

概要:日本電気株式会社(NEC)

詳細は www.nec.co.jp をご覧ください。



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12/25/19

三菱自、人事異動を発表

TOKYO, Dec 26, 2019 - (JCN Newswire) - 三菱自動車は本日、人事異動(2020年1月1日付)を以下のとおり発表しました。

本リリースの詳細は下記をご参照ください。
https://www.mitsubishi-motors.com/jp/newsrelease/2019/detail5401.html

概要:三菱自動車工業株式会社

三菱自動車の企業コミュニケーションワード「Drive@earth」
地球を走る。地球と生きる。三菱自動車。

人とクルマ、社会とクルマ、地球とクルマの新しい時代を拓くために。いま、三菱自動車は挑戦を始めています。走行中のCO2排出ゼロ。地球温暖化防止に貢献する新世代電気自動車、i MiEV(アイミーブ)の世界投入。軽自動車で培った技術を存分に活用、燃費性能にすぐれたグローバル・スモールの提案。世界の環境基準をクリアしながら、走りの楽しさにあふれた三菱ならではの小型SUVの開発。さらに、新ディーゼルエンジンによるラリー参戦を通じて、走りと環境を両立する、新次元のクルマづくりを追求してゆきます。

私たちは信じています。私たちのクルマへの熱い想いと技術が、新しいクルマの価値をつくることを。ドライブ・アット・アース。走る歓びが永遠であるように。クルマが地球と共生できるように。

詳細はこちらからご覧ください。 www.mitsubishi-motors.co.jp



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マツダ、人事異動を発表

HIROSHIMA, Japan, Dec 26, 2019 - (JCN Newswire) - マツダ株式会社は2020年1月1日付で下記の通り人事異動を行います。

本リリースの詳細は下記をご参照ください。
https://www2.mazda.com/ja/publicity/release/2019/201912/191226a.html

概要:マツダ株式会社

詳細は www.mazda.co.jp をご覧ください。



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三菱重工サーマルシステムズ、R32冷媒採用の空冷ヒートポンプチラーMSV2を発売、70馬力を新たにラインアップ

TOKYO, Dec 25, 2019 - (JCN Newswire) - 三菱重工サーマルシステムズ株式会社(社長:楠本 馨、本社:東京都千代田区)は、高効率で地球温暖化抑制能力の高い空冷ヒートポンプチラー(注1)「MSV2」シリーズを発売します。新開発したe-3Dスクロール圧縮機やその他独自技術の組み合わせにより業界トップクラスのエネルギー消費効率(COP)(注2)を実現するとともに、低地球温暖化係数(GWP)(注3)をもつ冷媒R32を採用しました。ビルの空調や工場の冷温水設備に導入すれば、大幅な省エネが可能となります。新たに70馬力クラスもラインアップに加え、2020年夏にかけて40~70馬力モデルの4タイプを市場投入する計画です。

MSV2は、COPが60馬力モデルで3.46(定格冷却条件)、70馬力モデルで3.33(同)といずれも業界最高水準(注4)を達成し、60馬力モデルでは高圧ガス保安法の届出を不要としました。また、冷媒には、従来のR410A(GWP2090)からルームエアコンなどで先行普及したR32(GWP675)を採用し、GWPを約3分の1、冷媒封入量を従来機に比べ28%削減することで、CO2換算値は77%減となり環境負荷に貢献します。さらに、70馬力モデルをラインアップすることで、複数台設置が必要なときも省スペースで済ませられるようにしました。

今回搭載する圧縮機は、縦横両方から圧縮する3Dスクロールをさらに進化させ、低負荷時の効率を飛躍的に高めた"e-3Dスクロール"です。従来の3Dスクロールのスクロール形状を変更することで、大幅に漏れ損失を低減し、さらなる高効率を実現したものです。また、大型ファンとロングベルマウス、空気熱交換器に細径ヘアピンを採用することにより、高い省エネ性能を実現しました。さらに、当社従来比3倍の高速立ち上げで水温変動の抑制や停電時からの復帰が可能であるほか、外気吸込温度が52℃の暑熱環境下でも冷暖房運転が可能となっています。

三菱重工サーマルシステムズは、さらなる省エネ・環境性能の向上に貢献する技術・製品開発に取り組み、特長である冷熱事業領域の広さを生かしたシナジーによる統合技術力で、お客様の多種多様なニーズに応じた最適なサーマルソリューションの実現を目指します。

本リリースの詳細は下記をご参照ください。
https://www.mhi.com/jp/news/story/19122501.html

概要:三菱重工業株式会社

詳細は www.mhi.co.jp をご覧ください。



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三菱自、クロスオーバーSUV『エクリプス クロス』を一部改良、ドア周りの利便性を向上

TOKYO, Dec 25, 2019 - (JCN Newswire) - 三菱自動車工業株式会社(本社:東京都港区、代表執行役CEO:加藤 隆雄、以下三菱自動車)は、クロスオーバーSUV『エクリプス クロス』に利便性を向上させるなど一部改良を施し、全国の系列販売会社を通じて12月25日(水)より販売を開始します。メーカー希望小売価格は、2,586,100~3,521,100円(消費税10%込)。

主な変更点

- フロントドアの各所(インナードアハンドル、ドアグリップ、ボトルホルダー)にLEDインテリアイルミネーションを採用。アンバー色の間接光により上質な室内空間を演出するとともに、夜間におけるドア周りの利便性を向上させました(「M」グレードを除く)。

- 特別仕様車「BLACK Edition」では、室内天井、Aピラー等をブラックへ変更し、内装色をブラックに統一。さらに、アルミペダル(アクセル及びブレーキ)を採用することで、よりスポーティなインテリアとしました。

本リリースの詳細は下記をご参照ください。
https://www.mitsubishi-motors.com/jp/newsrelease/2019/detail5396.html

概要:三菱自動車工業株式会社

三菱自動車の企業コミュニケーションワード「Drive@earth」
地球を走る。地球と生きる。三菱自動車。

人とクルマ、社会とクルマ、地球とクルマの新しい時代を拓くために。いま、三菱自動車は挑戦を始めています。走行中のCO2排出ゼロ。地球温暖化防止に貢献する新世代電気自動車、i MiEV(アイミーブ)の世界投入。軽自動車で培った技術を存分に活用、燃費性能にすぐれたグローバル・スモールの提案。世界の環境基準をクリアしながら、走りの楽しさにあふれた三菱ならではの小型SUVの開発。さらに、新ディーゼルエンジンによるラリー参戦を通じて、走りと環境を両立する、新次元のクルマづくりを追求してゆきます。

私たちは信じています。私たちのクルマへの熱い想いと技術が、新しいクルマの価値をつくることを。ドライブ・アット・アース。走る歓びが永遠であるように。クルマが地球と共生できるように。

詳細はこちらからご覧ください。 www.mitsubishi-motors.co.jp



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12/24/19

Honda、2019年11月度 四輪車 生産・販売・輸出実績を発表

TOKYO, Dec 25, 2019 - (JCN Newswire) - Hondaは本日、2019年11月度 四輪車 生産・販売・輸出実績を発表し、中国生産が11月として過去最高を記録したことを明らかにしました。

本リリースの詳細は下記をご参照ください。
https://www.honda.co.jp/news/2019/c191225.html

概要:本田技研工業株式会社

詳細は www.honda.co.jp をご覧ください。



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トヨタ自動車、11月 販売・生産・輸出実績を発表

Toyota City, Japan, Dec 25, 2019 - (JCN Newswire) - トヨタ自動車(株)(以下、トヨタ)は、2019年11月のトヨタ、ダイハツ工業(株)(以下、ダイハツ)及び日野自動車(株)(以下、日野)の販売、生産、輸出実績を下記の通り発表しました。

また、詳細データ(ダウンロード素材)には、各地域・国における販売・生産・輸出実績の増減要因に加え、過去10年分の販売・生産・輸出実績、電動車販売実績、LEXUS販売実績が記載されています。

なお、直近2年においては、毎月の販売・生産・輸出実績、電動車販売実績、LEXUS販売実績も記載されています。

2019年11月

販売実績
トヨタ 世界販売は、2ヶ月振りの前年超え/国内販売(含軽)は、2ヶ月連続の前年割れ/海外販売は、3ヶ月振りの前年超え
グループ 世界販売は、2ヶ月振りの前年超え/国内販売(含軽)は、2ヶ月連続の前年割れ/海外販売は、3ヶ月振りの前年超え

生産実績
トヨタ 世界生産は、2ヶ月連続の前年割れ/国内生産は2ヶ月連続の前年割れ/海外生産は、6ヶ月連続の前年割れ
グループ 世界生産は、2ヶ月連続の前年割れ/国内生産は2ヶ月連続の前年割れ/海外生産は、6ヶ月連続の前年割れ

輸出実績
トヨタ 11ヶ月連続の前年超え
グループ 11ヶ月連続の前年超え

本リリースの詳細は下記URLをご参照ください。
https://global.toyota/jp/company/profile/production-sales-figures/

概要:トヨタ自動車株式会社

詳細は http://toyota.jp/ をご覧ください。



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マツダ、「MAZDA CX-30」の受注が好調

HIROSHIMA, Japan, Dec 25, 2019 - (JCN Newswire) - マツダ株式会社(以下、マツダ)は、2019年9月20日に発表し、2019年10月24日に発売した新型クロスオーバーSUV「MAZDA CX-30」の受注台数が、12,346台となったことを本日発表しました。

CX-30は、グローバルに市場がSUVにシフトしている中、マツダの基幹車種の一つである「MAZDA CX-5」に続き、今後のマツダの柱の一つと位置付ける、全く新しいSUVです。「人生の幅や世界観を広げるクロスオーバー」をコンセプトに開発したCX-30は、見る人の感性を刺激するデザイン、どこへでも気軽に出かけられる機動性、大切な人とゆったりと過ごすことができる上質な室内空間、誰もが安心して運転を楽しめる安全性能をお客さまに提供します。

加えて、「MAZDA PROACTIVE SAFETY(マツダ・プロアクティブ・セーフティ)」*1の安全思想にもとづき開発したマツダの先進安全技術「i-ACTIVSENSE(アイ・アクティブセンス)」*1を標準装備し、経済産業省、国土交通省などが普及啓発を推進する「安全運転サポート車」の「サポカーS・ワイド」*2に全機種で該当しています。

グレード別の受注構成比は、上品なブラウンの内装に白と黒の2つの本革シートを組み合わせ、上質さを際立たせた「L Package」が36%、先進の安全装備と快適装備を充実させた「PROACTIVE Touring Selection」が48%となっています。ボディカラーでは、「魂動デザイン」の造形を質感高く際立たせた「ソウルレッドクリスタルメタリック」が25%、“樹脂独特のヌメリ感と金属感の融合”をイメージした新色「ポリメタルグレーメタリック」が18%となっています。

またお客さまからは、「市街地での取り回しが容易な、丁度よいサイズ」、「デザインと居住性、静粛性・オーディオが高次元でバランスされた、質感の高い室内空間」、「特徴的で美しいエクステリアデザイン」など*3、洗練されたスタイリングと機動性・パッケージングの融合に多くのお客さまからご共感をいただくとともに、30歳代から40歳代のお客さまを中心に、幅広い層のお客さまにお選びいただいています。

マツダは、この「CX-30」をはじめ、さまざまな接点を通じて、お客さまの人生においてかけがえのない存在となり、お客さまと特別な絆でつながり、選ばれ続けるオンリーワンのブランドになることを目指してまいります。

本リリースの詳細は下記をご参照ください。
https://www2.mazda.com/ja/publicity/release/2019/201912/191225b.html

概要:マツダ株式会社

詳細は www.mazda.co.jp をご覧ください。



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マツダ、2019年11月の生産・販売状況について(速報)

HIROSHIMA, Japan, Dec 25, 2019 - (JCN Newswire) - マツダ株式会社の2019年11月の生産・販売状況の概況は以下のとおりです。

I. 生産

1. 国内生産
乗用車、商用車がともに減となり、前年同月実績を下回りました(-14.6%)。
【主要車種実績】
「CX-5」:33,507台(前年同月比-16.3%)
「MAZDA3」:12,872台(同+19.0%)
「CX-30」:10,550台

2. 海外生産
乗用車、商用車がともに減となり、前年同月実績を下回りました(-6.6%)。
【主要車種実績】
「MAZDA3」:15,019台(前年同月比-19.0%)
「CX-4」:8,589台(同+32.0%)
「MAZDA2」:7,369台(同-38.6%)

II. 国内販売

乗用車、商用車がともに減となり、前年同月実績を下回りました(-28.2%)。
シェアは、登録車が4.4%(前年同月差-1.0ポイント)、軽自動車が1.6%(同-0.2ポイント)、総合計は3.3%(同-0.8ポイント)でした。
【主要車種実績】
「CX-30」:2,689台
「MAZDA2」*1:2,102台(前年同月比-33.8%)
「MAZDA3」*2:1,582台(同+96.8%)


III. 輸出

北米、欧州、オセアニアなどの減により、前年同月実績を下回りました(-18.7%)。
【主要車種実績】
「CX-5」:29,911台(前年同月比-20.3%)
「MAZDA3」: 10,481台(同+9.9%)
「CX-30」:8,943台

IV. グローバル販売

国内などの減により、前年同月の実績を下回りました(-1.3%)。
【主要車種実績】
「CX-5」:35,499台(前年同期比-7.7%)
「MAZDA3」*2:27,645台(同+0.4%)
「CX-3」:11,230台(同-18.5%)

本リリースの詳細は下記をご参照ください。
https://www2.mazda.com/ja/publicity/release/2019/201912/191225a.html

概要:マツダ株式会社

詳細は www.mazda.co.jp をご覧ください。



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NEC、AI技術を活用した金融のリスク・不正対策を高度化するソリューションを販売開始

TOKYO, Dec 25, 2019 - (JCN Newswire) - NECは、AI(人工知能)技術を活用し、証券・銀行・保険などの金融取引におけるリスク・不正対策業務の効率化・高度化を実現するソリューションを順次販売していきます。今回第一弾として、証券業界向けに、不公正取引の審査業務を支援するクラウドサービス「NEC AI売買審査支援サービス」を本日から提供開始します。

「NEC AI売買審査支援サービス」は、株式会社SBI証券(本社:東京都港区、代表取締役社長:髙村正人、以下「SBI証券」)による採用が決定しており、2020年1月より運用開始を予定しています。

近年、デジタル技術を用いた様々な金融サービスが創出されており、金融取引の高度化が進んでいます。一方、金融サービス提供者は、複雑化・巧妙化する不正取引対策のため、膨大な情報の中から一定の基準に基づき不正の疑いのある取引を専門家が調査・分析していますが、人材不足や審査業務の属人化、高齢化などが課題となっています。

また、デジタル時代のAI適用においては従来の規制枠組みのみならず、業界団体等による自主ガイドラインなどの策定推進が有効と考えています。NECは、証券業界及び関連IT企業等約60社が参加する「証券コンソーシアム」内に立上げられた「共通事務ワーキンググループ 売買審査AI適用サブワーキング」の事務局として、証券7社が参加したAI試行検証の運営、売買審査へAI適用する際に証券会社の拠り所となるホワイトペーパー作成などを推進してきました。(注1)

今回提供を開始する「NEC AI売買審査支援サービス」は、NECの最先端AI技術群「NEC the WISE」(注2)のディープラーニング(深層学習)で高精度な予測を実現する「RAPID機械学習技術」(注3)と、分析結果の根拠を可視化できる説明可能AI「異種混合学習技術」(注4)を活用することで、株式取引における見せ玉や仮装売買などの不公正取引度合をAIが高精度に検出するとともに、その判定理由も出力します。

これにより、審査担当者が従来人手で行っていた株式取引の審査業務を効率化し、審査担当者はより複雑かつ高度な不正手口の調査・分析に取り組むことが可能となります。

サービス名、販売開始時期
サービス名:NEC AI売買審査支援サービス
販売開始時期:2019年12月25日(水)

AI売買審査支援サービスの特徴

1. 売買取引の中から不公正取引の可能性をAIが高精度にスコアリング
ディープラーニング技術を搭載した高精度な予測を実現する「RAPID機械学習技術」を活用し、全ての取引データを対象に不公正取引の可能性を高精度にスコアリングします。これにより、従来1件1件手作業で審査担当者が調査・分析していた売買取引の最終審査を支援し、審査業務の効率化・高度化を実現します。

2. AIが導き出したスコアリング分析結果の根拠が説明可能
膨大なデータに混在する多数の規則性を発見し、高精度の予測だけでなく分析結果の根拠まで説明可能なAIである「異種混合学習技術」を活用しており、スコアリングなどの分析結果だけでなく不正と判断した根拠もAIが導き出すことが可能です。

3. SBI証券の業務ノウハウとNECのAI活用ノウハウを融合しクラウドサービス化
約495万の証券総合口座数を有するSBI証券(注5)の審査ノウハウとNECのデータサイエンティストのノウハウに基づいたAI予測モデルを採用しており、AWSのセキュアなクラウド環境上で分析を行うことで、既存システムの環境に捉われることなく、短期間かつ効率的にサービス導入が可能です。また、今後の機能追加としてインサイダー取引審査への対応など機能拡充なども予定しています。

NECは、今後もデジタル金融サービスのリスク・不正対策ソリューションのメニュー拡充を進めることで、さまざまなプレイヤーが安心・安全に金融サービスを提供できる環境を構築し、SDGs(注6)において重要な目標であるInclusive Financeの実現に貢献していきます。

NECは、2020年度までの3カ年の中期経営計画「2020中期経営計画」のもと、AIをはじめとする先進技術を活用し、安全で快適な金融サービスを、あらゆる人と産業へ届けるための取り組みを推進します。これにより、人やモノ、プロセスの情報・状態をバリューチェーン全体で共有し、新たな価値を生み出す「NEC Value Chain Innovation」(注7)をお客さまと共に実現していきます。

本リリースの詳細は下記をご参照ください。
https://jpn.nec.com/press/201912/20191225_02.html

概要:日本電気株式会社(NEC)

詳細は www.nec.co.jp をご覧ください。



Copyright 2019 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/2pbRN02

日立オートモティブシステムズ、遠方検知と交差点での衝突被害軽減ブレーキが可能となる広い画角を両立させるステレオカメラを開発

TOKYO, Dec 25, 2019 - (JCN Newswire) - 日立オートモティブシステムズ株式会社(プレジデント&CEO:ブリス・コッホ/以下、日立オートモティブシステムズ)は、ミリ波レーダーを搭載することなくステレオカメラ単体で、広い画角により、交差点での衝突被害軽減ブレーキ(AEB:Automatic Emergency Braking)を可能とし、遠方検知を両立させたステレオカメラを開発しました。

世界規模での自動車の普及拡大に伴い、交通事故撲滅に向けた取り組みに対し、さらに関心が集まっています。特に交通事故の多くが交差点で発生していることから、近年、代表的な自動車アセスメント(自動車の安全性能評価)NCAP(New Car Assessment Programme)において、2020年より交差点におけるAEB(衝突被害軽減ブレーキ)が導入されるなど、交差点での安全走行を強化する技術のニーズが高まっています。

交差点での右左折時に衝突可能性のある歩行者などを検出して衝突を回避するためには、広い水平画角をセンシングする技術が必要となります。加えて、センサーの要件として遠方の先行車を検知し続けるには、通常、カメラのセンシング素子であるCMOS(Complementary Metal Oxide Semiconductor)を高画素化したり、周辺や遠方を検知するレーダーなど複数のセンサーを組み合わせたりすることが必要でした。

今回開発したステレオカメラでは、ステレオカメラの左右のセンシングを従来よりも広角化するとともに、左右のカメラで検知する画像範囲を左右にずらす方式を採用することで、検知範囲拡大を図りました。これにより、従来からセンシング画素数を大幅に増やすことなくACC(Adaptive Cruise Control)機能の対応可能な遠方検知を維持したまま、交差点右左折時の衝突被害軽減ブレーキが可能となる、従来比約3倍の広画角化を実現しました。

本技術における、検知範囲中央部と周辺部で検知方式を変える技術は、株式会社日立製作所 研究開発グループと共同で開発しました。中央部の両眼による立体視検知と、周辺部の時系列画像処理での単眼による立体物検知をシームレスにつなぎ、加えて、予め機械学習の手法で識別パターンを記憶させることで、高い精度で歩行者や自転車を検知し測距することが可能となり、ステレオカメラ単体の最小構成で交差点での安全支援を実現します。

日立グループは、今回開発したステレオカメラの認識性能を高める技術にとどまらず、今後も自動運転車両やコネクティッドカーの実用化に貢献する機器やソリューションの開発、提供に積極的に取り組んでいきます。

本リリースの詳細は下記URLをご参照ください。
http://www.hitachi.co.jp/New/cnews/month/2019/12/1225.html

概要:日立製作所

詳細は www.hitachi.co.jp をご参照ください。



Copyright 2019 JCN Newswire. All rights reserved. www.jcnnewswire.com Via JCN Newswire https://ift.tt/2pbRN02

Wise Ally International Holdings Limited Announces Proposed Listing on Main Board of The Stock Exchange of Hong Kong Limited

HONG KONG, Dec 24, 2019 - (ACN Newswire) - Wise Ally International Holdings Limited ("Wise Ally" or the "Company", together with its subsidiaries, collectively referred as the "Group") announced today the details of the proposed listing of its shares (the "Global Offering") on Main Board of The Stock Exchange of Hong Kong Limited ("HKEx").

Investment Highlights
- Highly integrated and comprehensive range of services across the consumer EMS value chain coupled with capabilities to manufacture a diversified product range and an efficient production process
- Strategic collaborations, stable and established business relationships with internationally renowned and industry-leading brand owners
- Strong technical expertise and product development capability which facilitate its business expansion into new markets
- Strong commitment to attain high quality in the manufacturing process

Wise Ally plans to offer a total of 500,000,000 shares, subject to the over-allotment option, comprising 50,000,000 Hong Kong Offer Shares and 450,000,000 International Placing Shares, at an Offer Price ranges between HK$0.25 and HK$0.31 per Offer Share. The Hong Kong Public Offering will open at 9:00 a.m. on Friday, 27 December 2019 and close at 12:00 noon on Thursday, 2 January 2020. The allotment results will be announced on Thursday, 9 January 2020. Dealings in shares on HKEx are expected to commence on Friday, 10 January 2020, under the stock code 9918.HK.

WAG Worldsec Corporate Finance Limited is the Sole Sponsor. Huajin Securities (International) Limited, Aristo Securities Limited and CEB International Capital Corporation Limited act as the Joint Global Coordinators, Joint Bookrunners and Joint Lead Managers in relation to the Global Offering.

Wise Ally has entered into cornerstone investment agreements (the "Cornerstone Investment Agreements") with two cornerstone investors (the "Cornerstone Investors"). Pursuant to the Cornerstone Investment Agreements, the Cornerstone Investors have agreed to, subject to certain conditions, subscribe for a certain number of the Offer Shares at the Offer Price, with an aggregate amount of approximately HK$40.0 million (the "Cornerstone Placing"). The Offer Shares under the Cornerstone Placing are subject to a restriction on disposal for a period of six months following the Listing Date.

Company Overview

Wise Ally is an established electronics manufacturing services ("EMS") provider offering full turnkey solutions to its customers with particular focus in consumer electronic products. Wise Ally provides a comprehensive range of services including design development and enhancement, provision of technical advice and engineering solution, selection and procurement of materials, production, quality control and logistics management.

According to the Euromonitor Report, Wise Ally is the only unlisted company within the top 15 consumer EMS providers in China in terms of revenue in 2018. The Group's solutions aim to combine electronic components (such as microcontroller and microprocessor embedded with software and PCB) and mechanical and electromechanical components to form a multifunctional module to facilitate the overall function of the finished electronic products of the customers. The deliverables of Wise Ally's manufacturing services include PCBAs, multifunctional modules and finished electronic products, covering a range of product applications including vapour products, appliances, commercial controls and HVACs.

Business Model

As an EMS provider that provides integrated services to its customers, the Group provides customers with not only manufacturing service, but also value-added services at various stages along the supply chain ranging from product development, product design optimisation, prototyping, material procurement, production management, quality control to logistics and delivery.

Wise Ally places particular focus on the product development process, which allows the Group to initiate product designs with its customers and collaborate and interact with them on product development and product design optimisation, which the Group believes could help to ensure the functionality of the products and commercial viability of mass production for its customers.

Financial Highlights

The Group's total revenue for each of the years ended 31 December 2016, 2017 and 2018, was HK$687.7 million, HK$1,232.7 million and HK$1,257.3 million, respectively, representing a CAGR of 35.2% over the three years. The Group's revenue for the six months ended 30 June 2019 amounted to HK$527.6 million.

As a result of the increase in revenue contribution from vapour products which entailed relatively higher gross profit margin and certain new product with application in vapour products which entailed relatively higher gross profit margin than the other product applications, the Group's gross profit and gross profit margin increased from HK$135.7 million and 19.7% for the year ended 31 December 2016 to HK$295.6 million and 23.5% for the year ended 31 December 2018, respectively. The Group's gross profit and gross profit margin for the six months ended 30 June 2019 was HK$122.7 million and 23.3% respectively.

The Group's profit for the year/period amounted to HK$1.0 million, HK$74.2 million, HK$77.0 million and HK$18.4 million for the years ended 31 December 2016, 2017 and 2018 and the six months ended 30 June 2019, respectively, representing net profit margin of 0.1%, 6.0%, 6.1% and 3.5%, respectively. Excluding the non-recurring listing expenses of HK$9.0 million for the six months ended 30 June 2019, the Group's net profit for the periods would amount to HK$27.4 million.

Competitive Strengths

Unlike traditional manufacturers which only focus on certain stages of the production process, Wise Ally offers an integrated and comprehensive range of services across the mid-to-down stream of the consumer EMS value chain. The highly integrated EMS business model has helped positioning the Group as a product development partner of its customers and a value-creator at the front-end of the supply chain to manufacture a diversified product range.

Besides, Wise Ally has strategic collaborations, stable and established business relationships with internationally renowned and industry-leading brand owners. This is a testament to Wise Ally's competitive qualities such as good quality control, strong product development capability and solid technical knowhow. The Group believes that the ability of Wise Ally to attract new customers and to tap into new markets is attributable to its established collaborative relationships with industry-leading players which has enhanced its corporate profile and reputation and also enables it to obtain a stable flow of orders and ensures a source of recurring revenue.

Wise Ally is dedicated to differentiating itself to explore business opportunities in new markets with high growth potential by leveraging on its strong technical expertise and product development capability. The Group's core competence in electrical and electronic engineering design, especially module design, software and firmware development and wireless product design have enabled it to provide one stop customised EMS solutions to the customers. The Group believes that its deep understanding of the consumer EMS industry and technical expertise as well as its strong product development capability enable it to offer solutions to the customers from diverse industries and to keep pace with the constantly evolving technologies in the consumer EMS industry, and that the Group's technical expertise would also facilitate its development of future products which would in turn help broaden its product portfolio and allow it to tap into new market segments.

Wise Ally also has a strong commitment to attain high quality in the Group's manufacturing process. Going forward, the Group view its growth to be driven primarily by the continued trend for brand owners to outsource their manufacturing activities to EMS providers and the rapid development and popularisation of IoT related solutions and the Group are dedicated to differentiating itself to explore business opportunities in new markets with high growth potential by leveraging on the Group's strong technical expertise and product development capability. The Group adopts the principles of total quality management (TQM) and provides on-going training to the Group's staff in terms of quality assurance. In addition, the Group maintains stringent quality assurance and inspections throughout the manufacturing process from the procurement of materials to conducting incoming quality assurance of materials to performing in-process inspections during production and outgoing quality assurance of finished electronic products. Moreover, the Group developed an in-house traceability record system. All products are labelled with codes during the production process. Wise Ally's stringent quality assurance regime has altogether enabled the Group to deliver consistent and reliable products and services to the Group's customers in a cost-efficient manner.

According to the Euromonitor Report, the global EMS industry is forecasted to grow at a CAGR of more than 5% between 2019 to 2023. For China market, the consumer EMS industry is expected to grow with a CAGR of 7.6% between 2019 and 2023, driven by the rapid development of the IoT, the optimisation of operations and resources through industry consolidation and the continuous support from national industrial policies. For the EU market, the total revenue of the consumer EMS industry in the EU is forecast to grow slightly faster between 2019 and 2023 than it did between 2014 and 2018, at a CAGR 1.2%, to reach EUR5.5 billion in 2023. The growth of industry will be driven by strong consumer demand for electronics in the EU, and strong performances by consumer EMS companies in Central and Eastern Europe. For the US market, the revenue of consumer EMS products will continue to be driven by demand for more advanced technologies and products related to smart homes, the IoT, healthcare, mobile phones, computers and other smart devices. The consumer EMS industry is expected to grow from USD52.7 billion in 2019 to USD57.4 billion in 2023, registering a CAGR of 2.2%. Leveraging on the aforementioned growing demand in consumer EMS industry, the Group intends to continue to strengthen its leading position in the consumer EMS industry, enhance its overall competitiveness and increase its market share in the future.

Mr. Chu Wai Hang Raymond, Chairman & Executive Director of Wise Ally says, "We are pleased to witness this significant milestone in the Group's history. Through our listing on the Main Board of HKEx, we will tap into the international capital markets. This will not only broaden our capital and shareholder base, but also provide us with capital to fund our expansion plan, which will finally strengthen our position in the industry and further enhance our competitive advantages, thereby driving the Group's long-term development."

For media enquiries, please contact Bright Communications International Limited:
Ms. Betty Dong
Tel: (852) 2555 0230
Mobile: (852) 9666 8657
Email: betty.dong@brightcommns.com

Mr. Benjamin Li
Tel: (852) 2555 0230
Mobile: (852) 6970 0779
Email: benjamin.li@brightcommns.com

Factsheet

Details of Share Offer:
Number of Offer Shares: 500,000,000 Shares (subject to Over-allotment Option)
Number of Hong Kong Offer Shares: 50,000,000 Shares (subject to reallocation)
Number of International Placing Shares: 450,000,000 Shares (subject to reallocation and the Over-allotment Option)
Offer Price Range: Between HK$0.25 and HK$0.31 per Offer Share
Board Lot Size: 8,000 Shares
Nominal Value: HK$0.01 per Share
Public Offer Period: 9:00 a.m. Friday, 27 December 2019 to 12:00 noon Thursday, 2 January 2020
Announcement of Allotment Results: Thursday, 9 January 2020
Expected Listing Date: Friday, 10 January 2020
Stock Code: 9918.HK

Use of Proceeds:

The aggregate net proceeds from the Global Offering (after deducting underwriting fees and estimated expenses payable by the Group in connection with the Global Offering), assuming an Offer Price of HK$0.28 per Offer Share, being the mid-point of the indicative Offer Price range of HK$0.25 to HK$0.31 per Share, will be approximately HK$93.5 million, assuming that the Over-allotment Option is not exercised. The Group currently intend to apply the net proceeds from the Global Offering in the following manner:

Use of Proceeds / % of Net Proceeds
- Increasing production capacity by expanding the Group's manufacturing platform in South East Asia region and the PRC: approximately 35.0%
- Enhancing production efficiency and capability by acquiring new machinery and equipment and upgrading the production facility at the Group's existing Dongguan Production Plant: approximately 26.3%
- Strengthening the Group's research capability for the development and provision of IoT related solutions: approximately 5.5%
- Increasing the Group's marketing efforts in North America and Europe: approximately 5.8%
- Upgrading the Group's information technology infrastructure and manufacturing execution system ("MES"): approximately 3.5%
- Repayment of a capital expenditure bank loan: approximately 14.5%
- Funding the Group's general working capital: approximately 9.4%

Track Record:

HK$'000 Year ended 31 December Six months ended 30 June
2016 2017 2018 2018* 2019
Revenue 687,659 1,232,653 1,257,295 709,535 527,594
Gross profit 135,717 252,379 295,637 170,309 122,688
Gross profit margin 19.7% 20.5% 23.5% 24.0% 23.3%
Profit before tax 611 91,777 96,159 61,092 23,662
Profit for the year/period 982 74,172 77,018 49,420 18,449
Net profit margin 0.1% 6.0% 6.1% 7.0% 3.5%
*Unaudited



Copyright 2019 ACN Newswire. All rights reserved. www.acnnewswire.com

source http://www.acnnewswire.com/press-release/english/56503/