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NutraLife Biosciences Encouraged By CVS Health Corporation's Decision to Distribute CBD at 800 Stores in the U.S.
Coconut Creek, FL, Mar 25, 2019 - (ACN Newswire) - via NEWMEDIAWIRE -- NutraLife Biosciences, Inc. ("the Company" or "NutraLife") (OTCQB: NLBS) notes current trends in the retail space including CVS Health Corp.'s announcement that it will carry products containing CBD derived from hemp in about 800 of its U.S. drugstores.NutraLife announces new additions to its NutraHempCBD product line with a micro shot CBD twist in 5 of its signature formulations including; sleep, pain, stress, weight, and energy. The NutraHempCBD twists are designed for on-the-go convenience and set to launch on April 15 of this year."It is encouraging to see that mainstream retail giants like CVS are offering hemp derived CBD products to consumers," said Edgar Ward, Founder and Chief Executive Officer of NutraLife Biosciences.NutraHempCBD is in the last stages of development of its CBD micro shot twist products offering a single serving of CBD plus other clinically tested ingredients for daily health and wellness applications. The launch of the CBD micro shot twists in its 5 signature formulations demonstrate evolving and innovative retail-ready nutraceutical and industrial hemp CBD products.Since 2013, the Company has engaged in the manufacturing and distribution of nutraceutical products for both branded and private label sales. In 2017, the Company launched its industrial hemp CBD products for private label sales and its own NutraHempCBD brand. The Company's products are sold at a variety of retailers including drugstores.According to reports, executives on Curaleaf's earnings conference call said CVS would begin to carry its Curaleaf hemp lotions and transdermal patches in about 800 stores across 10 U.S. states. Chief Executive Officer of CVS, Joe Lusardi said Wednesday that the products would be available in stores by this Friday and through the CVS website "soon."On December 20, 2018, the U.S. Food and Drug Administration completed an evaluation of three generally recognized as safe (GRAS) notices for hemp seed-derived food ingredients. The agency concluded that hulled hemp seed (GRN765), hemp seed protein powder (GRN771), and hemp seed oil (GRN778) are GRAS as they contain only trace amounts of THC and CBD. The GRAS notices are for three different hemp seed-derived ingredients for certain uses including adding them as a source of protein, carbohydrates, oil, and other nutrients to beverages (juices, smoothies, protein drinks, plant-based alternatives to dairy products), soups, dips, spreads, sauces, dressings, plant-based alternatives to meat products, desserts, baked goods, cereals, snacks and nutrition bars. The FDA's complete release of the GRAS notice can be read here. https://www.fda.gov/Food/NewsEvents/ConstituentUpdates/ucm628910.htmNutraLife Sciences is a fully reporting company with a class of securities registered with the U.S. Securities and Exchange Commission ("SEC"). NLBS recently announced its financial results for the three (3) and nine (9) month period ended September 30, 2018 with revenue of $1,062,146 and $2,870,462 respectively compared to $652,385 and $1,027,727 for the three (3) and nine (9) month period ended September 30, 2017. NLBS's filings with the SEC can be viewed at www.sec.gov. NLBS's CBD products and information about the Company's direct sales program can be found online at https://nutrahempcbd.com and by following the company on Instagram.* The statements in this Release have not been evaluated by the Food and Drug Administration.* NutraLife's CBD and nutraceutical products are not intended to diagnose, treat, cure or prevent any disease.* NutraLife is not affiliated with and has no association with Curaleaf or CVS Health Corp.Forward-Looking StatementsThis communication from NutraLife BioSciences, Inc. (the "Company") contains statements of a forward-looking nature. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by words or phrases such as "may," "will," "except," "anticipate," "aim," "estimate," "intend," "plan," "believe," "is/are likely to," "future" or other similar expressions. The Company has based these forward-looking statements largely on the Company's current expectations and projections about future events and financial trends that the Company believes may affect Company's financial condition, results of operations, business strategy, and financial needs. There is no assurance that the Company's current expectations and projections are accurate. All forward-looking statements in this press release are based on information available to the Company on the date hereof. These statements involve known and unknown risks, uncertainties and other factors that may cause the Company's actual results to differ materially from those implied by the forward-looking statements. More detailed information about these risk factors are set forth in the Company's filings with the Securities and Exchange Commission, including, but not limited to, those risks and uncertainties listed in the section entitled "Risk Factors," in the Company's Annual Report on Form 10-K with the Securities and Exchange Commission on April 17, 2018. The Company operates in a rapidly evolving environment. New risk factors emerge from time to time, and it is impossible for the Company's management to predict all risk factors, nor can the Company assess the impact of all factors on Company's business or the extent to which any factor, or combination of factors, may cause actual results to differ from those contained in any forward-looking statement. The Company does not undertake any obligation to update or revise the forward-looking statements except as required under applicable law.Contact:NutraLife Biosciences, Inc.6601 Lyons RoadSuite L-6 Coconut CreekFL 33073 TelephoneTelephone: 888-509-8901www.Nutralifebiosciences.com Copyright 2019 ACN Newswire. All rights reserved. www.acnnewswire.com
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The future of stretchable electronics
Image 1: A wide range of stretchable electronic devices are being investigated, including this thin-film transistor matrix, showed relaxed (L) and stretched to about 60% (R). The transistor parameters remain almost unchanged upon stretching up to 140%. (Credit: Matsuhisa, N. et al. Nature Communications. 25 July 2015/Creative Commons)Image 2: This solar cell can be stretched (L) or twisted (R) without performance degradation. (Credit: Nam, J. et al. Scientific Reports. 8 Aug. 2017/Creative Commons)Stretchable devices could have a wide range of potential uses, from wearable health monitors to elastic solar cells to artificial skinTsukuba, Japan, Mar 24, 2019 - (ACN Newswire) - Stretchable electronics is emerging as a promising new technology for next-generation wearable devices, according to a review published in Science and Technology of Advanced Materials.The technology has many possible applications for healthcare, energy and the military. But there are several challenges involved in finding suitable materials and manufacturing methods. The biggest challenge for making stretchable electronics is that each component must endure being compressed, twisted and applied to uneven surfaces while maintaining its performance, according to the review author Wei Wu, materials scientist at Wuhan University, China.Many different stretchable electronic components are being developed. For instance, low-cost stretchable conductors and electrodes are being made from silver nanowires and graphene. An urgent technical problem is the need for stretchable energy conversion and storage devices, such as batteries. Zinc-based batteries are promising candidates; however, more work is required to make them commercially viable.An alternative to batteries is stretchable nanogenerators, which can produce electricity from various freely available vibrations, such as wind or human body movements. Stretchable solar cells could also be used to power wearable electronic devices.By integrating multiple stretchable components, such as temperature, pressure and electrochemical sensors, it is possible to create a material resembling human skin that could use signals from sweat, tears or saliva for real-time, non-invasive healthcare monitoring, as well as for smart prosthetics or robots with enhanced sense capabilities. However, at present, fabrication of artificial skin remains time-consuming and complex.Currently there are two main strategies for manufacturing stretchable electronics. The first is to use intrinsically stretchable materials, such as rubber, which can endure large deformations. However, these materials have limitations, such as high electrical resistance.The second method is to make non-flexible materials stretchable using innovative design. For example, brittle semiconductor materials like silicon can be grown on a pre-stretched surface and then allowed to compress, creating buckling waves. Another method involves linking 'islands' of rigid conductive materials together using flexible interconnections, such as soft or liquid metals. Origami-inspired folding techniques can be used to make foldable electronic devices. In the future, stretchable electronics may be enhanced with new capabilities, such as wireless communication, self-charging or even self-healing.The next step after laboratory tests is to bring stretchable electronic devices to market. This requires cheaper materials and faster, scalable manufacturing methods, concludes the review author. For more information, contact:Wei WuWuhan Universityweiwu@whu.edu.cn About Science and Technology of Advanced Materials Journal Open access journal STAM publishes outstanding research articles across all aspects of materials science, including functional and structural materials, theoretical analyses, and properties of materials. For more information about STAM, please contact:Mikiko TanifujiSTAM Publishing DirectorTanifuji.Mikiko@nims.go.jpPaper link:https://doi.org/10.1080/14686996.2018.1549460Image 1A wide range of stretchable electronic devices are being investigated, including this thin-film transistor matrix, showed relaxed (left) and stretched to about 60% (right). The transistor parameters remain almost unchanged upon stretching up to 140%. (Credit: Matsuhisa, N. et al. Nature Communications. 25 July 2015/Creative Commons) https://bit.ly/2FmoG0hImage 2This solar cell can be stretched (left) or twisted (right) without performance degradation. (Credit: Nam, J. et al. Scientific Reports. 8 Aug. 2017/Creative Commons) https://bit.ly/2uoJqQb Copyright 2019 ACN Newswire. All rights reserved. www.acnnewswire.com
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Shandong International Trust Co., Ltd. 2018 Annual Results Announcement
Business income increased by 2.8%;Trust business segment operating profit margin increased to 76.6%HONG KONG, Mar 24, 2019 - (ACN Newswire) - Shandong International Trust Co., Ltd. ("Shandong International Trust" or the "Company", Stock Code: 1697.HK) is pleased to announce its annual results of the Company for the year ended 31 December 2018 (the "Period").Results HighlightsFor the year ended 31 December 2018,- Business income amounted to approximately RMB1,695 million, representing an increase of 2.8% over the corresponding period in 2017;- Trust business operating income amounted to approximately RMB944 million, representing an decrease of 16.8% over the corresponding period in 2017;- Proprietary business operating income was approximately RMB751 million, increased by approximately 46.2% over the corresponding period in 2017;- Net profit attributable to shareholders of the Company was approximately RMB872.2 million, decreased by approximately 2.5% over the corresponding period in 2017;- Fee and Commission Income was approximately RMB891 million, decreased by approximately 21.1% over the corresponding period in 2017;- Interest Income was RMB648 million, representing an increase of approximately 32% as compared with 2017.During the Period, the Company's business achieved a steady growth in 2018 with operating income of RMB1,695 million, representing a year-on-year increase of 2.8%, achieved net profit attributable to shareholders of the Company of RMB872.2 million , which decreased by 2.5% as compared to last year. Achieved trust business operating income of RMB944 million, representing an decrease of 16.8% over the corresponding period in 2017, achieved Proprietary business operating income was approximately RMB751 million, increased by approximately 46.2% over the corresponding period in 2017. In 2018, the income from the trust business and proprietary business of the Company accounted for 51.7% and 48.3% of the total revenue of the Company respectively.Trust business structure is continuously optimizedTrust business is the Company's principal business, as a result of the success of the Company's three strategy of strengthening the traditional business, expanding the business returning to the original commitment of trust industry, and offering strong support to the launch of new business. The trust AUM of all trusts decreased from RMB263,408 million as at December 31, 2017 to RMB 231,922 million as at December 31, 2018, and the total number of trusts was 955 and 1,078 as at the respective dates.Segment operating profit before income tax for trust business decreased by 13.9% from RMB839.9 million in 2017 to RMB723.1 million in 2018 primarily due to a 16.8% decrease in segment income from trust business from RMB1,134.1 million in 2017 to RMB943.7 million in 2018. The segment margin of trust business increased from 74.1% in 2017 to 76.6% in 2018.Heighten active management capability for financing trustsAs at 31 December 2018, the AUM of actively managed trust was RMB89,658 million, representing a year-on-year increase of 9.1 percentage point and accounting for 38.7% of the total trust AUM. During the Reporting Period, revenue from the actively managed trust amounted to RMB627 million, accounting for 70.4% of the total income from trust business (indicating a year-on-year growth of 1.0 percentage points).Family trusts business showed exponential growth, representing a year-on-year increase of 194.21%The family trusts business maintained a rapid growth, as at 31 December 2018, the Company's family trust business has signed in aggregate a contract amount of RMB7.66 billion, of which the trust assets that have actually been delivered amounted to RMB5.836 billion, representing a year-on-year increase of 194.21%, thus continuing to secure a leading position in the industry. The Company's "Wealth Succession Family Trust" was awarded once again with the "Best Family Trust Scheme" by Securities Times, representing that the Company has been fully recognized by the market for its wealth management and financial service abilities, and has been leading the industry.Since 2018, the Company triumphantly implemented an order of delivering RMB0.5 billion super-large scale pure capital family trust product, special-purpose family trust and independent investment right retained family trust. It officially launched the family trust brand "De Shan Qi Jia", representing that the Company has reached a new height in both the breadth and depth of development of family trust and family office business.During the Reporting Period, the Company continued to develop their private wealth management business. Improving their asset allocation, the Company successfully achieved higher yields for customers. As at December 31, 2018, the Company managed 10 discretionary wealth management trusts, with the AUM reaching RMB2.048 billion. Diverse development of Proprietary BusinessIn 2018, in order to reasonably allocate its own funds and improve the operation quality and efficiency of its own funds, the Company insisted on the strategy of combining long-term, mid-term and short-term assets, and proactively made investments with its own funds. The Company on one hand utilised the synergy between the proprietary business and the trust business, actively implemented the "investment and loan linkage mechanism", and provided great support for the transformation and innovation of the trust business. While on the other hand, the Company captured the opportunities arising from the qualification to conduct equity investment business with its proprietary assets and participated in the establishment of venture capital fund, in a bid to seek proprietary business transformation and foster new growth engines. The Company also actively pushed forward the equity transfer for First-Trust Fund Management Co. Ltd. and focused on the optimisation of the layout of the financial equity investment business. And lastly, with liquidity being assured, short term operations such as government bonds purchased under agreements to resell, purchase of wealth management products and dedicated account management for overseas assets were actively carried out to improve utlisation efficiency of domestic and overseas capitals. The aforementioned strategies contributed to the increase of its income, the Company recorded an income of RMB883.1 million for its proprietary business in 2018, representing a year-on-year increase of 29.6%Continuously obtaining the highest ratingAs a trust company licensed by the CBRC, the Company is permitted to conduct businesses across a number of markets, such as the real economy, capital markets and money markets. The growth of the Company in recent years has been recognised and praised by different sectors in the society. In the assessment of the trust industry conducted by the China Trustee Association for the years of 2015, 2016 and 2017, the Company was awarded with the highest rating of "Class A" for three consecutive years. On top of that, the Company was awarded with the highest rating of Grade AAA for six consecutive years in assessment of provincial corporate financial performance conducted by the Shandong Provincial Bureau of Finance.ProspectsAfter 40 years of exponential economic growth, China has steadily entered a stage of high-quality development characterised by economic structure optimisation, transformation and upgrading. The PRC government is also promoting supply-side reform to address overcapacity, deleverage the financial industry, further securing China's long term high-quality development. As a company whose business operations are conducted in China and most of the company's income is generated within China, the Company will face endless opportunities and challenges brought by the change in the government policies, general economic and financial market conditions of China. Along with the optimistic economic structure, China's economy maintained a steady growth with a huge potential and flexibility. As China's economy enters a stage of high-quality development, citizens' wealth will continue to accumulate, the number of wealthy customers will continue to increase. Hence the potentials and prospects of the assets management industry will be enormous. It is expected to further push the Company's business development and transformation.In the future, even though China's financial industry may faces challenges such as weaker growth momentum a slower synchronized growth as a whole, and the deleverage of the financial industry. But with the company's strategy of developing new innovative business, it is expected to offset the potential decrease in its traditional business. On top of that, the Company actively further enhances its management capability, explores new development directions, and puts huge efforts on expanding its original business. Looking forward, the Company will be able to minimize the negative effects from the whole industry, and further establish its leading position.Facing the challenges and opportunities in 2019, the Company will continue to consolidate its traditional competitive business, expedite exploration of innovative business, and promote greater breakthrough in active management, as to enhance its risk management capability and form a stable income source. And also, the Company will explore the development of asset-backed securitisation business and strive to make breakthroughs in asset-backed securitisation business. The Company will further expand its marketing channels, and to explore the implementation of on-line marketing. And to encourage and guide business teams to conduct business in major regions across the nation, including Beijing-Tianjin-Hebei Region, Yangtze River Delta and Guangdong-Hong Kong-Macau Greater Bay Area, to explore more business opportunities. Copyright 2019 ACN Newswire. All rights reserved. www.acnnewswire.com
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China-German Fresh Air Ventilation Forum was held in Germany
Main venue of China-German Ventilation ForumVentilation system should be a standard configuration of buildingsNiedernhall, Germany, Mar 22, 2019 - (ACN Newswire) - The Third China-German Fresh Air Ventilation Technology Forum (hereinafter referred to as "China-German Ventilation Forum" or "Forum"), which was initiated by (FGK) and organized by Dream Maker, was recently held in Baden-Wurttemberg, Germany. In the context of the Belt and Road Initiative, the Forum, themed by Intelligent Ventilation for a Win-win Future, gathered authoritative experts in the field of ventilation from China and Germany and discussed in depth the technical standards of the ventilation industry in China and Germany and the future development of the industry.Dipl. Ing. Claus Handel, Chairman of FGK Europe, addressed the Forum and gave a keynote speech titled Civil Ventilation & Heat Pumps and Energy Conservation Technologies. He said that energy conservation and environmental protection had become a pillar industry of Germany, making important contributions to Germany's economic development and improvement in living standards. At present, ventilation system has become a standard configuration of energy-saving, green buildings in Germany; as the renovation of old houses for energy conservation and the implementation of financial and tax incentive mechanisms continue, ventilation system should become a standard configuration of all buildings in Germany. Dipl. Ing. Bernd Klein, Director of IGE/HKL Inspection Department, said in his report that ventilation, heat pumps and energy-saving buildings were inseparable, as ventilation system was an effective means adopted by modern buildings to improve indoor air quality, while heat pumps were an effective means to save energy during heating.After presenting a comparative study between ventilation system and natural ventilation, Dr. Sun Hejiang, Associate Professor at the School of Environmental Science and Engineering, Tianjin University, pointed out that ventilation system could reduce indoor air pollution concentration and improve indoor air quality. When the outdoor PM2.5 indicator is higher than 75ug/m3, one should avoid opening windows for ventilation, but close the doors and windows and turn on the ventilation system. During sleep at nighttime, it's best to keep the ventilation system working the whole night.After going through "coal-smoke pollution" and "photochemical pollution", China is entering into the third pollution period featured by "indoor air pollution". Ms. Deng Gaofeng, Secretary General of the China Air Purification Industry Alliance, emphasized that even though indoor air pollution was still serious in China, the harm brought by indoor air pollution was probably more serious. According to the data of the China Indoor Environmental Quality Testing Center, the number of excess deaths caused by indoor pollution in China is 111,000 every year and the number of excess emergency visits, 4.3 million. More importance must be attached to indoor pollution. Deng Gaofeng also mentioned that heat exchange ventilation system was a technology that had great development potential and was worth paying attention to. The improvement of air tightness of buildings can significantly increase the level of energy conservation. However, insufficient ventilation brought by that will have a negative impact on living comfort. Therefore, we need to adopt the heat exchange ventilation system to ensure that the buildings are both energy-saving and comfortable.At the Forum, experts from China and Germany, with a focus on technologies and standards, discussed the future development of the ventilation industry in China and Germany. Technologies and standards can regulate the industry, while enterprises and products are the direct drivers for the development of the industry. After the main agenda of the Forum ended, experts and guests attended the opening ceremony of Dream Maker's new factory in Baden-Wurttemberg, Germany, and visited the factory. According to the introduction by Erwin Grohmann, CTO of Dream Maker, the factory has adopted an internationally advanced automated assembly line and mechanical arms, and after it is completed and put into operation, it will help Dream Maker double its capacity and further improve its product quality. Besides China and Germany, the products manufactured by the factory will also be sold in a number of countries in Europe.Herr Zhu, Economic and Commercial Consul of the Chinese Consulate General in Frankfurt, pointed out in his congratulation at the China-German Ventilation Forum that German brands and quality enjoyed a good reputation in China, while Chinese market and capital would add wings to German technologies and brands. In the ventilation industry, Germany and China can complement each other's advantages. Germany has a high-quality manufacturing environment, world-top ventilation mechanical technology and a qualified and complete industry chain, as well as mature building codes; while China has a huge potential ventilation market, fast-growing economy and living standards, and relatively leading development in Internet of Things.Conforming to the Belt and Road Initiative and the trend, the holding of The Third China-German Ventilation Forum 2019 can help build and improve a platform for communication and dialogs in the industrial field between China and Germany, make use of the two countries' complementary advantages in the industry and speed up industry integration between the two countries, thus facilitating common development of the ventilation industry in both countries.Media contact:Dream Maker Technologie GmbHContact: Xi YuanAddress: Zimmerbachstr. 37,74676 Niedernhall, GermanyTel: +49 7940 98 259 35Website: http://www.dm-maker.de Copyright 2019 ACN Newswire. All rights reserved. www.acnnewswire.com
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Niche-Tech Group Limited Announces 2018 Annual Results
Revenue and Gross Profit recorded constant growth;Revenue of encapsulant products recorded a significant increase of 69.8% HONG KONG, Mar 22, 2019 - (ACN Newswire) - Niche-Tech Group Limited ("Niche-Tech" or the "Company", with its subsidiaries collectively referred as the "Group"; HKEx Stock Code: 8490.HK), a leading semiconductor packaging materials manufacturer, announced the annual results of the Group for the year ended 31 December 2018 (the "Review Year" or "2018") yesterday. Performance Highlights- During 2018, the Group recorded a revenue of approximately HK$184.4 million, a 2.2% increase as compared with 2017- The revenue of encapsulant products amounted to approximately HK$28.7 million, a 69.8% increase when compared with 2017- The gross profit of the Group grew from approximately HK$37.7 million from 2017 to approximately HK$40.8 million in 2018, representing an increase of 8.2%- The Group recorded a gross profit margin of 22.1% in 2018 (2017: 20.9%)- Excluding the non-recurring listing expenses of approximately HK$10.4 million, the net profit of the Group in 2018 was approximately HK$10.8 millionDuring the Review Year, in line with the constant growth of semiconductor product industry, the demand for semiconductor packaging materials has witnessed a stable growth. By implementing its planned growth strategies, the Group's revenue and gross profit have achieved steady improvement in 2018. During 2018, the Group achieved a 2.2% increase in revenue to approximately HK$184.4 million from approximately HK$180.5 million for the year ended 31 December 2017 (the "Previous Year" or "2017"). In line with the increase in revenue, the Group's gross profit increased to approximately HK$40.8 million for the Review Year from approximately HK$37.7 million in 2017, up by 8.2%.Business ReviewRevenueThe Group's revenue principally represents income derived from its main products, namely bonding wire and encapsulant. During the Review Year, the revenue of encapsulant products amounted to approximately HK$28.7 million, representing a significant increase of 69.8% as compared with approximately HK$16.9 million recorded last year. The growth was mostly due to an increase of HK$15.9 million in sales of LED epoxy from HK$4.3 million in 2017. The revenue of bonding wire products was approximately HK$142.6 in 2018 (2017: HK$151.0 million).Cost of Sales, Gross Profit and Net ProfitThe Group's cost of sales mainly comprised direct material costs, direct labor costs and manufacturing overhead. During 2018, the Group recorded cost of sales of approximately HK$143.6 million, which was relatively stable compared to the amount of HK$142.8 million in 2017.The gross profit of the Group grew from approximately HK$37.7million in 2017 to HK$40.8 million in 2018, representing an increase of 8.2%. Gross profit margin increased to approximately 22.1% in 2018 from approximately 20.9% in 2017.The profitability of the Group is being affected by the expenses incurred for the listing of Group's shares on GEM of the Stock Exchange. Excluding the non-recurring listing expenses of approximately HK$10.4 million in 2018, the net profit of the Group was approximately HK$10.8 million.Mr Chow Bok Hin, Executive Chairman and Executive Director of the Group concluded, "In 2018, despite the uncertainties from the global macro-economic environment as a result of the continuing trade tension between the United States of America and the PRC, the PRC continued to be under the world's spotlight and maintained a moderate growth. As an established semiconductor packaging materials manufacturer, Niche-Tech continues to sell products directly to more than 300 customers, including renowned manufacturers of LEDs, camera modules and ICs primarily in the PRC."Mr. Chow added, "Looking forward, the Group remains positive on the prospects of semiconductor packaging market in the PRC. With the carrying out of implementation plans and expansion of businesses, we look forward to generating further growth and achieving more business breakthroughs. Under the favourable market environment, we will also access new business opportunities prudently, so as to maximize the return to our shareholders."About Niche-Tech Group LimitedNiche-Tech Group Limited ("Niche-Tech") was established in 2006 in Hong Kong and was successfully listed on the GEM of Hong Kong Stock Exchange in 2018. Niche-Tech is a manufacturer of semiconductor packaging materials and new materials in the High and New Technology field, specializing in the development, manufacture and sales of bonding wire, encapsulant and special metal materials. Since 2010, the Group has become a High and New Technology Enterprise in the PRC. In 2016, Niche-Tech was recognised as a National Intellectual Property Outstanding Enterprise by the State Intellectual Property Office of the PRC and obtained the recognition as Guangdong Academic Experts (Corporate) Workstation in 2017. Copyright 2019 ACN Newswire. All rights reserved. www.acnnewswire.com
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Hublot and Ferrari Open a New Chapter in Their Collaboration With the Classic Fusion Ferrari GT Watch
Classic Fusion Ferrari GT BALE, Switzerland, March 23, 2019 /PRNewswire/ -- Since the very start of their collaboration in 2011, Hublot and Ferrari have always created watches with a unique design and motorisation. Each new edition introduces a new style. This year, Hublot presents an elegant and contemporary piece that draws inspiration from the "Gran Turismo" universe. The launch of the Classic Fusion Ferrari GT watch – with its extremely innovative design which integrates the new UNICO manufacture movement in a body with distinctive and dynamic lines - sees Hublot and Ferrari write a new chapter in their collaboration. Hublot Classic Fusion Ferrari GT 3D Carbon To keep updated, follow: #ClassicFusionFerrariGT #HublotFerrari The long-term collaboration between Hublot and Ferrari is one of a kind and an endless source of creative inspiration that builds on the common values these two prestigious houses share. The constant drive for innovation and refinement behind the unstoppable creative impetus of both Ferrari and Hublot has come to life in the Big Bang Ferrari, the MP-05 LaFerrari and the Techframe. The collaboration first drew inspiration from the racing world and Formula 1, with the Big Bang Ferrari editions. In 2017, Hublot and Ferrari expanded to the universe of GT, with the Techframe Ferrari Tourbillon Chronograph specifically created to celebrate the 70th anniversary of Ferrari. This year the collaboration goes a step further in this world, which has always defined a travel philosophy that combines tradition, elegance and technical perfection. "Driving over long distances at high speed in comfort and with style." This is what the "Gran Turismo" spirit is about. The term also defines a category of limited-production, very high-performance luxury cars. The GT world is one of innovation and refinement, with a passion for mechanics performance and innovation and an appreciation for elegance and beauty. To pay homage to the "Grand Touring" cars, Hublot and Ferrari have now combined for the first time their sense of aesthetic creativity and mechanical innovation in a Classic Fusion, a watchmaking chassis that is both traditional and modern, in line with the stylistic codes of the GT universe. Another first: the famous UNICO manufacture movement has been integrated into a 45-mm-diameter Classic Fusion case. This is the second of Hublot's own chronograph calibres, unveiled in 2018 (HUB1280). Protected by four patents, this self-winding flyback chronograph movement, with 4 Hz frequency (28'800 A/h) and a column wheel that can be seen from the dial side, has technical specifications that are fit for a champion with, in particular, a thickness of only 6.75 mm and 3-day power reserve that is very useful for day-to-day life. The entirely new Classic Fusion Ferrari GT is available in three different cases: Titanium (limited edition of 1,000 pieces), King Gold (limited edition of 500 pieces) and 3D Carbon (limited edition of 500 pieces). All-new in the Fine Watchmaking world, 3D Carbon is a polymer matrix composite (PMC) made of three-dimensional fibres. This high-tech material, which is very popular in motorsport, has outstanding qualities of resistance and, in the case of the Classic Fusion Ferrari GT, offers a lightweight but solid layer of protection, to the UNICO manufacture movement. Designed by the "Centro Stile Ferrari", the new Classic Fusion Ferrari GT draws inspiration from the GT designed and crafted in the Maranello workshops. Its design is very contemporary; Hublot worked on the motor and Ferrari on the body. One of the main design features of the Classic Fusion Ferrari GT is the case, conceived as a true concentrical suspended element that enhances the dial presence and the sophisticated manufacturing making process. For this purpose, the "Centro Stile Ferrari" designers applied their expertise, building bridges between automotive design and watchmaking motorisation, and thereby proving that they love to work and surpass themselves on other projects than those linked to cars. Entirely different yet resolutely complementary to the Techframe launched in 2017, the Classic Fusion Ferrari GT is a watch for lovers of fine mechanical pieces who want to display a contemporary and refined style. The dial is transparent thanks to the use of sapphire crystal and reveals the high-precision mechanics of the UNICO HUB1280 calibre, with the famous Prancing Horse appearing at 12 o'clock. Each and every detail has been subjected to meticulous finishing touches like the red thread around the sapphire crystal with anti-reflective coating, a stylistic reference to the legendary Ferrari colour. The straps of the Classic Fusion Ferrari GT have been subtly created in black rubber and dressed in Schedoni leather, like the seats of the Maranello historical race cars. Round like a racing tachometer, the new Classic Fusion Ferrari GT is a piece for our time, with particular attention paid to the ergonomics and a thickness of only 13.15 mm, a rarity for an integrated flyback chronograph. This innovatively designed, airy watch of rare elegance opens a major new chapter in the partnership of excellence between Hublot and Ferrari. HUBLOT Founded in Switzerland in 1980, HUBLOT is defined by its innovation, which began with the highly original combination of gold and rubber. This "Art of Fusion" stems from the imagination of its visionary Chairman, Jean-Claude Biver, and has been driven forward by CEO Ricardo Guadalupe since 2012. The release of the iconic, multi-award-winning Big Bang in 2005 paved the way for new flagship collections (Classic Fusion, Spirit of Big Bang), with complications ranging from the simple to the highly sophisticated, establishing the extraordinary DNA of the Swiss watchmaking house and ensuring its impressive growth. Keen to preserve its traditional and cutting-edge expertise, and guided by its philosophy to "Be First, Different and Unique", the Swiss watchmaker is consistently ahead of the curve, through its innovations in materials (scratch-resistant Magic Gold, ceramics in vibrant colours, sapphire), and the creation of Manufacture movements (Unico, Meca-10, Tourbillon). HUBLOT is fully committed to creating a Haute Horlogerie brand with a visionary future: a future which is fused with the key events of our times (FIFA World Cup™, UEFA Champions League™, UEFA EURO™ and Ferrari) and the finest ambassadors our era has to offer (Kylian Mbappé, Usain Bolt, Pelé). Discover the HUBLOT universe at our network of boutiques located in key cities across the globe: Geneva, Paris, London, New York, Hong Kong, Dubai, Tokyo, Singapore, and at HUBLOT.com TECHNICAL SPECIFICATIONS REFERENCE CASE CASE-BACK BEZEL Titanium: 526.NX.0124.VR Limited to 1000 pieces King Gold: 526.OX.0124.VR Limited to 500 pieces 3D Carbon: 526.QB.0124.VR Limited to 500 pieces Titanium : Microblasted Titanium King Gold : 18K King Gold Carbon : Carbon 3D Fiber Diameter: 45mm Thickness: 13.15mm Water resistance: 10 ATM (100m) Titanium and 3D Carbon : Microblasted Titanium and Sapphire crystal King Gold : Microblasted 18K King Gold and Sapphire crystal Titanium : Microblasted Titanium Polished black-plated Titanium lower bezel King Gold : Microblasted 18 K King Gold Polished black-plated Titanium lower bezel Carbon 3D: Polished black Ceramic Microblasted Titanium lower bezel 4 H-shaped Titanium screws DIAL MOVEMENT STRAP & BUCKLE PRICE (On 20th of March 2019) Sapphire crystal HUB1280: UNICO Manufacture Self-winding Chronograph flyback movement with column wheel Frequency: 4Hz (28'800 A/h) Power reserve: 72 Hours No. of Components: 354 Jewels: 43 Schedoni Leather Strap and black Rubber Titanium: Titanium deployant buckle clasp King Gold: 18K King Gold and Black-plated Titanium deployant buckle clasp 3D Carbon: Black Ceramic and black-plated Titanium Deployant buckle clasp Titanium : 20'900 CHF 21'700 EUR 22'000 USD 18'200 GBP King Gold : 36'900 CHF 38'300 EUR 38'800 USD 32'100 GBP 3D Carbon : 25'900 CHF 26'900 EUR 27'300 USD 22'600 GBP Click here to download the pictures Stay updated with #HublotBaselworld #Hublot Hublot Classic Fusion Ferrari GT King Gold Hublot Classic Fusion Ferrari GT 3D Carbon 2 Hublot Classic Fusion Ferrari GT Titanium Hublot Classic Fusion Ferrari GT 3D Carbon Hublot Classic Fusion Ferrari GT King Gold 2 Photo - https://mma.prnewswire.com/media/839788/Hublot_Classic_Fusion_Ferrari_GT_3D_Carbon.jpg Photo - https://mma.prnewswire.com/media/839824/Hublot_Classic_Fusion_Ferrari_GT_King_Gold.jpg Photo - https://mma.prnewswire.com/media/839820/Hublot_Classic_Fusion_Ferrari_GT_3D_Carbon_2.jpg Photo - https://mma.prnewswire.com/media/839821/Hublot_Classic_Fusion_Ferrari_GT_Titanium.jpg Photo - https://mma.prnewswire.com/media/839822/Hublot_Classic_Fusion_Ferrari_GT_3D_Carbon.jpg Photo - https://mma.prnewswire.com/media/839823/Hublot_Classic_Fusion_Ferrari_GT_King_Gold_2.jpg Related Links :http://www.hublot.com/
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AAHRPP Accredits Three More Research Organizations
Two in the U.S., one in Taiwan attain the gold standard WASHINGTON, March 22, 2019 /PRNewswire/ -- The Association for the Accreditation of Human Research Protection Programs today announced its first accreditations for 2019: a research institute in Massachusetts, a health care delivery system in California and a hospital in Taiwan. The three newly accredited organizations are: Harvard Pilgrim Health Care Institute, LLC, of Harvard Pilgrim Health Care, Inc., Boston, Massachusetts Memorial Health Services, Fountain Valley, California National Cheng Kung University Hospital, Tainan, Taiwan "These organizations join more than 600 entities worldwide in committing to shared high standards for safe, ethical research," AAHRPP President and CEO Elyse I. Summers said. "Their AAHRPP designation offers assurances—to potential partners, the scientific community and the general public—that study participants are protected and research results can be trusted." The emphasis on universal standards is intensifying, in part, because of the trend toward multisite, multi-institutional research. In this environment, the common ground of AAHRPP accreditation can ease the way for successful collaboration. "The benefits of a common standard are significant and, as the gold standard, AAHRPP accreditation is the logical choice," Summers said. "We continue to work toward one standard worldwide—one accreditation at a time." To earn AAHRPP accreditation, organizations must show that they have built extensive safeguards into every level of their research operation and that they adhere to high standards for research. AAHRPP has accredited organizations across the United States and in Belgium, Brazil, Canada, mainland China, India, Mexico, Republic of Korea, Saudi Arabia, Singapore, South Africa, Taiwan and Thailand. All major U.S. independent institutional review boards have earned AAHRPP accreditation. In addition, 70 percent of U.S. medical colleges and 85 percent of the top National Institutes of Health-funded academic medical centers are either AAHRPP accredited or have begun the accreditation process. NIH, the world's largest public funder of research, has earned accreditation, as has Pfizer, Inc., the largest industry sponsor of clinical research. About AAHRPP: A nonprofit organization, AAHRPP provides accreditation for organizations that conduct or review human research and can demonstrate that their protections exceed the safeguards required by the U.S. government. To learn more, visit www.aahrpp.org. FOR MORE INFORMATION CONTACT: Michelle Feige Executive Vice Presidentmfeige@aahrpp.org (202) 783-1112 Logo - https://mma.prnewswire.com/media/224365/aahrpp_logo.jpg Related Links :http://aahrpp.orghttp://www.aahrpp.org
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Hong Kong Airlines debuts Chris Cosentino's Business Class menu on Los Angeles - Hong Kong route
HONG KONG, March 22, 2019 /PRNewswire/ -- Hong Kong Airlines has launched a brand new Business Class menu for its customers travelling out of Los Angeles International Airport (LAX) from 22 March 2019. Designed exclusively by celebrity chef and television personality Chris Cosentino, the new LAX Business Class menu is an adaption of his current San Francisco Business Class menu and comes with a slight twist to cater to the preferences of Southern California travellers. Chef Chris Cosentino Chris Cosentino is the chef and owner of San Francisco restaurant, Cockscomb, where he reinterprets classic San Francisco dishes by adding his own unique twist. He is also known as the winner of Top Chef Masters, a contestant on The Next Iron Chef and for his appearance in Iron Chef America in addition to his extensive work raising awareness and funds for Chefs Cycle in support of No Kid Hungry, a national charity fighting to end childhood hunger. Chef Cosentino collaborated with Hong Kong Airlines in late 2017 to design a comprehensive menu of 12 dishes, including a series of appetizers, main courses and desserts to be rotated regularly on the airline's service from San Francisco International Airport (SFO) to Hong Kong. His Business Class inflight menu was officially launched on the SFO inaugural flight to Hong Kong on 25 March 2018 and has received positive feedback from Hong Kong Airlines' customers for his "big in flavour, rich in texture" dishes. "When the opportunity came for me to work with Hong Kong Airlines to make delicious inflight meals in Business Class, I jumped at the chance," said Chef Cosentino at a media preview event in Los Angeles on Thursday. Using my years of education and experiences to create meals that would not only satisfy but excite the guests at 10,000 feet up and giving a fresh new approach to what inflight food can be has been a complete joy. Launching our new menu on the Los Angeles-Hong Kong route is very exciting. I am looking forward to flying on the first flight showcasing the menu," he added. (Second from Left) Mr Chris Birt, Hong Kong Airlines Director of Service Delivery, and Chef Chris Cosentino Passengers travelling from Los Angeles can expect a hearty and cohesive three-course menu prepared by Chef Cosentino. Known for his creative use of ingredients and attention to balance, Hong Kong Airlines' customers will be treated to Chef Cosentino's refreshing appetizers such as Kohlrabi Caesar, shrimp, Parmesan and sourdough croutons followed by main courses featuring different proteins on rotational basis. They include his take on the traditional recipe of chicken piri piri with Piquillo pepper, potatoes, Castelvetrano olives and oregano or red wine braised beef short rib with white bean puree, fennel al Forno, pickled peppers and confit garlic cooked to perfect tenderness and more. No meal is complete without dessert and Chef Cosentino's signature panna cotta with strawberries and balsamic vinegar is set to charm Hong Kong Airlines' passengers with its delightful flavours. Please refer to appendix for Chef Cosentino's full menu. Chicken piri piri with Piquillo pepper, potatoes, Castelvetrano olives and oregano Charred avocado and shrimp louie Hong Kong Airlines has also introduced a new selection of wines to complement its Business Class inflight meal offerings. They include Canyon Road Cabernet Sauvignon from California, Lake Chalice 'The Nest' Sauvignon Blanc from New Zealand as well as J. Moreau & Fils Chardonnay and Merlot Cabernet Sauvignon from France to pair with different meal options. Mr Chris Birt, Hong Kong Airlines Director of Service Delivery said: "Hong Kong Airlines always strives to deliver the best services to our customers. We launched our menu partnership with Chef Cosentino exactly a year ago on our San Francisco route. His menu has proven to be such a hit with our Business Class customers that we are excited to now bring his signature innovative and creative cuisine to those flying with us from Los Angeles." Hong Kong Airlines' Los Angeles service was launched in December 2017 and was the airline's first destination in the continental United States. The daily service is currently operated by Airbus A350, one of the newest and most technologically advanced aircraft in the world. In September 2018, Hong Kong Airlines introduced its new Business Class product on the Los Angeles route, reaffirming its commitment to serve the USA market with its best products and services. High-resolution photos of Chef Cosentino's menu are available at https://goo.gl/5KCAAu About Hong Kong Airlines Established in 2006, Hong Kong Airlines is a full-service airline firmly rooted in Hong Kong. The airline flies to nearly 40 destinations across Asia Pacific and North America, and currently maintains 85 interline and 20 codeshare agreements with multiple airline partners and ferry service providers. Hong Kong Airlines operates one of the youngest fleets in the world. It has been awarded the internationally acclaimed four-star rating from Skytrax since 2011. For more information, please visit www.hongkongairlines.com or our social media channels on Linkedin, Twitter, Instagram and Facebook. Appendix Chris Cosentino's Business Class menu on Los Angeles - Hong Kong route Appetiser - Charred avocado and shrimp louie- Kohlrabi Caesar with shrimp, Parmesan and sourdough croutons- Pate de campagne with cornichons, radish and mustard- Marinated Monterey Bay sardines with cauliflower, raisins and capers Main course- Chicken piri piri with Piquillo pepper, potatoes, Castelvetrano olives and oregano- Red wine braised beef short rib with white bean puree, fennel al forno, pickled peppers and confit garlic - Alaskan cod with gigante beans with broccoli rabe salsa verde- Slow roasted lamb neck with creamy polenta roasted carrots and Ararat spice Dessert- Chocolate cremeaux with fennel pollen shortbread cookies- Panna cotta and strawberries in balsamic vinegar sauce- Ginger dates sticky toffee cake topped with whipped cream and dried sugar dates- Poached pear in red wine sauce with creme fraiche and lemon thyme Photo - https://photos.prnasia.com/prnh/20190322/2411602-1-a Photo - https://photos.prnasia.com/prnh/20190322/2411602-1-b Photo - https://photos.prnasia.com/prnh/20190322/2411602-1-c Photo - https://photos.prnasia.com/prnh/20190322/2411602-1-d Photo - https://photos.prnasia.com/prnh/20190322/2411602-1-e Related Links :http://www.hongkongairlines.com
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WuXi AppTec Reports Strong 2018 Annual Results
Revenue RMB9,614 Million, up 23.8% (25.4% at Constant Exchange Rate) Year-Over-YearNet Profit Attributable to Owners of the Company RMB2,261 Million, up 84.2% Year-Over-YearDiluted EPS RMB 2.21, up 70.0% Year-Over-YearSHANGHAI, March 22, 2019 /PRNewswire/ -- WuXi AppTec Co., Ltd. (stock code: 603259.SH / 02359.HK), a leading global pharmaceutical and medical device open-access capability and technology platform company with global operations, announces its audited annual results for the year ended December 31, 2018 today. All financials disclosed in this press release are prepared based on International Financial Reporting Standards (or "IFRS"). Financial Highlights Strong revenue growth of 23.8% year-over-year to RMB9,614 million. Applying a constant exchange rate, revenue grew 25.4% to RMB9,739 million. We continued to enhance capabilities and build capacity across all segments, while investing in the latest technologies to expand our service offering. We particularly benefited from a surging increase in business from China-based customers, and biotech customers globally. Gross profit grew 16.6% year-over-year to RMB3,777 million. Gross profit margin was 39.3%.[1] Excluding the impact of foreign exchange loss, gross profit margin was 39.9%. Net profit attributable to owners of the Company increased 84.2% year-over-year to RMB2,261 million, due to strong operations execution coupled with an extraordinary gain of RMB616 million from the fair value change of our investment portfolio. Adjusted non-IFRS net profit attributable to owners of the Company grew 23.3% year-over-year to RMB1,742 million. Diluted EPS and adjusted non-IFRS EPS increased by 70.0% and 13.9%, respectively. Operational Highlights We acquired 1,400+ new customers, and our active customers count reached 3,500+. - All of the top 20 global pharmaceutical companies are our customers. - We achieved 100% retention rate for our top 10 customers. - We continue to expand our biotech customer base rapidly as our integrated R&D platform enables them to efficiently and effectively discover and develop products. For our success-based drug discovery services, in 2018 we filed 27 new-chemical-entity INDs for our customers with the NMPA (China National Medical Products Administration) and obtained 17 CTAs (clinical trial approval). As of December 31, 2018, we have cumulatively submitted 55 new-chemical-entity IND filings with NMPA for our customers and obtained 34 CTAs. Our small molecule CDMO/CMO segment provided services to 650+ projects, including 40 in Phase III clinical trials and 16 that have been commercialized. We became the first CMO services provider under China's newly implemented MAH (Market Authorization Holder) policy and began commercial manufacturing services for two products, including: Ganovo®, developed by Ascletis Pharma for treatment of Hepatitis C and Elunate®, developed by Hutchison MediPharma for treatment of colorectal cancer. In the highly-specialized field of cell and gene therapy, we provided CDMO services for 30 clinical stage cell and gene therapies projects; 25 in phase I and 5 in phase II/III. Our fast growing clinical research services business helped one multinational company's PD-1 antibody obtain market approval in China. We also helped a domestic company's break-through drug obtain market approval for the treatment of colorectal cancer. In addition, we helped the BLA submission of the first CD20 biosimilar product in China. In July 2018, we acquired an Austin, Texas based clinical research CRO WuXi Clinical Development, Inc. (carrying on business as ResearchPoint Global). This acquisition has allowed us to expand our global clinical trial service offering to both China based companies and US based companies for their global clinical development. To support future growth, we are significantly expanding capacity including: chemistry laboratory expansion in our Tianjin site and new Qidong site; new cell and gene therapy GMP facilities in our Philadelphia site and Wuxi Jiangsu site; API GMP manufacturing facilities in our Changzhou site; a new medical device testing laboratory in Suzhou, and a new biology research laboratory in San Diego, California. Management Comments "2018 was an incredible year for the global healthcare industry and a fantastic one for our company," said Dr. Ge Li, Chairman and CEO. "The industry experienced significant progress as new innovative drugs address increasingly complex indications with remarkable results. And with the drug approval timeline greatly accelerated, the number of new drugs approved for market in the United States and in China has reached a record high. We were proud to see that 39 out of the 59 new drugs approved by the FDA came from our customers and we are committed to continually investing in our capabilities and capacity to consistently provide the highest level of service in this rapidly-changing environment." "We are grateful to our investors who continue to believe in our vision. The capital they provide drives our growth reinforcing the confidence they have in our management team and our business model. In May and December of 2018, we successfully listed on the Shanghai Stock Exchange and the Main Board of the Hong Kong Stock Exchange, respectively." "Our 'Follow the Project / Follow the Molecule / Follow the Customer' strategy continues to deliver stellar results. All along, we continued to successfully execute on our business plan achieving revenue of RMB9,614 million, representing growth of 23.8% year-over-year. Applying a constant exchange rate, our revenue grew 25.4% to RMB9,739 million. Revenue growth was broad-based across all business segments; especially our China-based laboratory services, CDMO/CMO services and clinical research and other CRO services. In addition to investments in our operations, i.e. new talent, new laboratories and facilities, our unique ecosystem that we are relentlessly building provided additional opportunities for us to effectively put our capital to use laying the foundation for future growth." "WuXi AppTec is committed to enable innovation worldwide, catalyzing and benefiting from the continuous transformation of the healthcare ecosystem," Dr. Li continued. "Once the platform boasts enough scale and depth, the long tail effects will be truly dramatic. Looking forward, we are now entering an unprecedented golden age with the healthcare ecosystem emerging, where an ever-increasing number of participants are able to play a role at different stages of innovation. Through our integrated platform, more and more institutions, scientists, hospitals, and doctors will realize their dreams of innovation. In doing so, we will undoubtedly help bring vital medicine to patients faster." Full-Year 2018 IFRS Results 2018 revenue increased 23.8% year-over-year to RMB9,614 million. Applying a constant exchange rate, revenue increased 25.4% year-over-year to RMB9,739 million. - Our China-based laboratory services revenue increased 24.1% year-over-year to RMB5,113 million. We fully leveraged our platform to attract more customers, especially "long-tail" customers, while expanding services to our existing customers. - We grew our CDMO/CMO services revenue 28.0% year-over-year to RMB2,699 million by diligently executing our "follow the molecule" strategy. As our customers' projects move into late stage, we progress alongside of them by providing process validation services all the way through to commercial manufacturing services. - Our US-based laboratory services revenue increased 6.1% year-over-year to RMB1,204 million. Revenue growth was driven by our cell and gene therapies CDMO services and partially offset by a decline in medical device testing services. Cell and gene therapies CDMO services revenue grew 7.5% and 28.4% in the first half of 2018 and second half of 2018, respectively. - Our clinical research and other CRO services revenue increased 64.2% year-over-year to RMB585 million. Revenue growth was mainly driven by the substantial increase of the domestic drug clinical trial market as well as significant improvement of our services in terms of quality, scale and capabilities. - Across all segments, we benefitted from the rapid rise of pharmaceutical innovation in China experiencing 55.5% year-over-year revenue growth from China-based customers. 2018 gross profit increased 16.6% year-over-year to RMB3,777 million. Gross profit margin was 39.3%, slightly lower than 41.7% in 2017[2] primarily due to a decrease in gross profit of US-based laboratory services and RMB appreciation against USD in the first half of 2018. Applying a constant exchange rate, the gross profit margin would be 39.9%. 2018 IFRS net profit attributable to owners of the Company increased 84.2% year-over-year to RMB2,261 million. We experienced significant synergies across business segments by fully leveraging the strength of our "integrated end-to-end" R&D services platform. In addition, we experienced an extraordinary gain of RMB616 million from the fair value change of our investment portfolio. Full-Year 2018 Non-IFRS Results 2018 non-IFRS net profit attributable to owners of the Company increased 75.5% year-over-year to RMB2,464 million. This excludes RMB46 million share-based payments, RMB22 million listing expenses for the offering of our A shares and H shares, RMB116 million foreign exchange-related losses and RMB19 million amortization of intangible assets acquired. Full-Year 2018 Adjusted Non-IFRS Results Excluding a further RMB750 million realized and unrealized gains from our venture investments and RMB28 million losses from our joint ventures, 2018 adjusted non-IFRS net profit attributable to owners of the Company increased 23.3% year-over-year to RMB1,742 million in 2018. [1] If prepared under Accounting Standard for Business Enterprises of PRC, the gross profit grew 16.8% year over year to RMB 3,793 million. Gross profit margin was 39.5%. [2] If prepared under Accounting Standard for Business Enterprises of PRC, 2018 gross profit increased 16.8% year-over-year to RMB 3,793 million. Gross profit margin was 39.5%, slightly lower than 41.8% in 2017. About WuXi AppTec WuXi AppTec is a leading global pharmaceutical and medical device open-access capability and technology platform company with global operations. As an innovation-driven and customer-focused company, WuXi AppTec provides a broad and integrated portfolio of services to help our worldwide customers and partners shorten the discovery and development time and lower the cost of drug and medical device R&D through cost-effective and efficient solutions. With its industry-leading capabilities such as small molecule drug R&D and manufacturing, cell therapy and gene therapy R&D and manufacturing, drug R&D and medical device testing, WuXi platform is enabling more than 3,500 innovative collaborators from more than 30 countries to bring innovative healthcare products to patients, and to fulfill WuXi's dream that "every drug can be made and every disease can be treated." Forward-Looking Statements This presentation may contain certain "forward-looking statements" which are not historical facts, but instead are predictions about future events based on our beliefs as well as assumptions made by and information currently available to our management. Although we believe that our predictions are reasonable, future events are inherently uncertain and our forward-looking statements may turn out to be incorrect. Our forward-looking statements are subject to risks relating to, among other things, the ability of our service offerings to compete effectively, our ability to meet timelines for the expansion of our service offerings, and our ability to protect our clients' intellectual property. Our forward-looking statements in this presentation speak only as of the date on which they are made, and we assume no obligation to update any forward-looking statements except as required by applicable law or listing rules. Accordingly, you are strongly cautioned that reliance on any forward-looking statements involves known and unknown risks and uncertainties. All forward-looking statements contained herein are qualified by reference to the cautionary statements set forth in this section. Use of Non-IFRS and Adjusted Non-IFRS Financial Measures We provide non-IFRS net profit attributable to owners of the Company and earnings per share for the year of 2017 and 2018, which exclude share-based compensation expenses, listing expenses for offering of our A shares and H shares, foreign exchange-related gains or losses and amortization of intangible assets acquired in business combinations. We further provide an adjusted non-IFRS net profit attributable to owners of the Company and earnings per share for the year of 2017 and 2018, which exclude realized and unrealized gains or losses from our venture investments and joint ventures. Neither is required by, or presented in accordance with IFRS. We believe that the adjusted financial measures used in this presentation are useful for understanding and assessing our core business performance and operating trends, and we believe that management and investors may benefit from referring to these adjusted financial measures in assessing our financial performance by eliminating the impact of certain unusual and non-recurring items that we do not consider indicative of the performance of our core business. However, the presentation of these adjusted non-IFRS financial measures is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with IFRS. You should not view adjusted results on a stand-alone basis or as a substitute for results under IFRS, or as being comparable to results reported or forecasted by other companies. View original content:http://www.prnewswire.com/news-releases/wuxi-apptec-reports-strong-2018-annual-results-300816989.htmlRelated Links :http://www.wuxiapptec.com
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Legal Sea Foods partners with CP Foods on premium products
BOSTON, March 22, 2019 /PRNewswire/ -- Boston-based upscale restaurant chain Legal Sea Foods (LSF) has selected Charoen Pokphand Foods (CP Foods) to co-pack premium shrimp products for distribution in North America. Charoen Pokphand Foods PLC (CPF) Sharing the same view, Mr. Roger Berkowitz, CEO of Legal Sea Foods, and Dr. Sujint Thammasart, COO (Aquaculture Business Unit) of CP Foods, said it is a proud moment for both companies to jointly introduce premium quality seafood, under the Legal Sea Foods brand, to North American consumers. Within the partnership, CP Foods will produce numerous fresh frozen and high quality items with shrimp sourced from its biosecure aquaculture farms. The products were distributed under the Legal Sea Foods brand, and launched at the Seafood Expo North America and Seafood Processing North America or Boston Seafood Show 2019, the largest Seafood exposition in North America, during March 17 - 19, 2019. It is the main venue where thousands of buyers and suppliers from around the world attend the three-day exposition to meet, network and do business. Attending buyers represent importers, exporters, wholesalers, restaurants, supermarkets, hotels, and other retail and foodservice companies.Both companies share similar values in delivering the freshest and highest quality seafoods from responsible supply chains. "Legal Sea Foods has a long history of serving premium seafood to its more than 7 million restaurant customers annually, a success which is rooted in our fundamental belief in food safety and quality," said Mr. Berkowitz."All of our shrimp are raised in closed system, environment-friendly farms and are fed with feed utilizing fishmeal certified by the Global Standard for Responsible Supply (IFFO RS). Our shrimp feed, seeds, farms and processing plants are recognized as best-in-class within the aquaculture industry, while Legal Sea Foods is the number one seafood brand in America. This makes for a very synergistic partnership," said Mr.Thammasart. About Legal Sea Foods Established in 1950, Legal Sea Foods is an upscale American restaurant chain. The current company headquarters is located in Boston. The group operates 37 restaurants, serving over 7 million customers annually. In addition to running a retail products division, Legal Sea Foods also operates an online fish market and ships fresh fish across the United States. The company implements the highest standards for quality, sanitation and safety at every step -- from purchase, to processing, to shipping and finally, to preparation in the restaurants. About CP Foods Charoen Pokphand Foods PCL (CP Foods) is a global and integrated agro-industrial and food company, delivering high-quality products from operations situated in 17 countries, with 4 billion consumers combined. The company operates its business on the principle of "Corporate Social Responsibility Towards Sustainability" under 3 pillars - Food Security, Self-Sufficient Society and Balance of Nature," which supports the UN Global Compact principles and the Sustainable Development Goals (SDGs). CP Foods is a leading shrimp farmer, processor and exporter, utilizing modern technologies throughout its operations. It offers fresh seafood products from a responsible supply chain, certified by international organizations. The company is also a proud member of global organizations, such as the UN Global Compact, SEABOS, GSSI, and Seafood Task Force, driving sustainable and positive changes across the world. As a result of its sustainability initiatives, the company is currently listed in a number of notable indices, such as the DJSI Emerging Markets, the FTSE4Good Emerging Index, and the Stock Exchange of Thailand's SET 50.For more information, please contact: Charoen Pokphand Foods PCL (CP Foods)Tel. +66-2766-7343-5, +662-631-0641, +662-638-2713Email: pr@cpf.co.th Photo - https://photos.prnasia.com/prnh/20190322/2411591-1
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MINISO Cooperates with Marvel Studios, Releasing 2000 Superheroes Peripheral Products
GUANGZHOU, China, March 22, 2019 /PRNewswire/ -- On March 13, with the theme of "Meeting the Heroes", MINISO's new product release meeting was held in Guangzhou, China. The world's well-known retail brand MINISO officially announced the cooperation with globally renowned top IP Marvel to develop a series of peripheral products, which will be put on sale in over 100 countries. MINISO announced the official cooperation with the world’s top IP Marvel. The MINISO x MARVEL products exhibition area was set up at the new product release meeting. There were as many as 2000 Marvel products on display, including Spider-man, Captain America, Iron Man, Hulk, Captain Marvel, Thor and Black Widow. This time, the copyright owner of Marvel has granted authorization to MINISO in 123 countries, covering five continents. The licensed products covered 13 product categories of MINISO, which was unprecedented for Marvel. Mr. Ye Guofu, the global co-founder and CEO of MINISO, said that Marvel is the world's top IP with a wide range of influence and appeal. He loved the Marvel movies personally, and watched almost every movie of Marvel. Ye believed that good products should serve the masses instead of serving a small part of people. This is the reason why MINISO would cooperate with Marvel after developing cooperation with Hello Kitty, Adventure Time, We Bare Bears, Pink Panther, Pantone and Sesame Street. MINISO will continue to follow the principle of high quality and affordable price, and bring authentic peripheral products with first-class quality and affordable price to marvel fans around the world. Ada Dou, the executive vice-president of MINISO Commodity Center, indicated that there were three major factors for Marvel to cooperate with MINISO: the retail terminal covering the whole world; the principle of high quality and affordable price; and the high standard product design and quality control. Marvel has formed a subtle complementary relationship with the main consumer groups of MINISO. With this cooperation, Marvel can open up the female market, while MINISO can attract more male consumers through its series of products at the same time, Ada said. The peripheral products launched by MINISO in cooperation with Marvel are not only excellent in product design and quality, but also very competitive in price. An exquisite mug, for example, costs as little as RMB 7.9 on the market, while a Marvel superhero ornament only costs RMB 10 in MINISO, which is almost one tenth of the similar products in some boutiques. As for MINISO, cost-effective products are always a powerful weapon to open up the global market. With this concept, MINISO was able to quickly enter the retail market in more than 80 countries within 5 years. According to MINISO's official data, there are more than 3500 MINISO stores throughout the world so far, with RMB 17 billion turnover in 2018. Through constant cooperation with world famous IPs, on the one hand, MINISO makes use of the appeal of IPs to promote product sales; on the other hand, it also makes use of the influence of IPs to enhance brand awareness and reputation, and explores a unique "MINISO model" in the home furnishing market. Photo - https://photos.prnasia.com/prnh/20190322/2411390-1
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Taiwan Fastener Companies on the Rise in Europe
TAIPEI, TAIWAN, Mar 22, 2019 - (ACN Newswire) - The major markets of Asia, America, Europe and the Middle East continue to boom. The construction industry is growing continuously, and the automotive industry regularly reports records in sales. Fastener production is one sector benefitting most, especially Taiwanese producers.The numbers clearly demonstrate the strengths and competitiveness of Taiwanese fastener companies. The largest markets and producers are China (19%), USA (18%), Japan (10%), Germany (8%) and Taiwan (5%). Taiwan is already the third largest exporter of binding and fastening products worldwide. Tu-Chin Tsai, Chairman of TAIWAN INDUSTRIAL FASTENERS INSTITUTE (TIFI) confirmed: "With 1,650 factories employing 35,000 industry personnel, Taiwan's fastener industry exported more than 1.65 million tons of fasteners in 2018, to over 150 countries around the world".At the Stuttgart Fastener Fair, the three Taiwanese market representatives, BOLTUN CORPORATION, ANCHOR FASTENERS INDUSTRIAL CO., LTD and SUPER NUT INDUSTRIAL CO., LTD presented their extensive product portfolios and introduced themselves as an inexpensive and innovative alternative, especially for the construction and automotive sectors. Germany is regarded as the most lucrative and most important sales market after the USA. Thus, the main goal is to take the market share from the German top dogs.Diversified product portfolioFounded in 1988, BOLTUN CORPORATION today employs approximately 3,800 people worldwide and recently generated turnover of approximately $US 600 million. The company develops and produces tools and considers itself the leading producer of fastening elements in the automotive sector. Jason Chen, Sales Director of BOLTON CORPORATION explains: "Boltun offers a wide range of products, such as fastening elements for automobiles and wind turbines, metal components and stamped parts. Also included are i.a. high-tensile bolts made of 10.9- and 12.9-steel, which are VW-approved."Family business with a long traditionSUPER NUT INDUSTRIAL CO., LTD gained an international reputation in development and production of rivets and special connectors for the automotive sector. The family business relies on its range of blind rivet nuts, clinch parts, as well as its run and sleeve nuts. "Over 30 years of experience in manufacturing further enables the development of solutions according to specific customer requirements, such as extremely thin walls with severe internally threaded parts", says Emily Chou, Sales Manager.ETA-approvals for fastening elements in the construction areaANCHOR FASTENERS INDUSTRIAL CO., LTD. focuses on high quality binding elements for the construction, automotive and electronics industries, as well as medical technology. Particularly in the construction sector, the company offers sophisticated, heavy-duty anchors with a European technical rating (approval) and CE-certifications. "We want to introduce our ETA-certificated heavy-duty anchors as well as bolt anchors, concrete screws and internal threaded anchors (drop-in anchors) developed for building construction and civil engineering to a wide, particularly European, expert audience", says Executive Vice General Manager Johnson Chang. Apart from steel anchors, the company also produces fasteners made from metals such as aluminum and brass. Additionally, ANCHOR FASTENERS INDUSTRIAL CO., LTD possesses the highest production capacity for rivet nuts in Taiwan.Largest fastener fair in TaiwanWhile Taiwanese companies target Europe by presenting themselves professionally at European fairs and events, European firms can introduce themselves to the Asian market through one of the biggest fastener fairs, FASTENER TAIWAN, held in the northern city of Kaohsiung. All highlights and opportunities related to FASTENER TAIWAN 2020 are illustrated by Jessica Cheng, Project Manager, Taiwan External Trade Development Council (TAITRA). Interested companies will find additional information and contact persons through the following link https://www.fastenertaiwan.com.tw/.About the Taiwan External Trade Development Council (TAITRA)The Taiwan External Trade Development Council (TAITRA) was founded in 1970 to help Taiwanese enterprises expand their global reach. Over the past 40 years, TAITRA has played a key role in the development of Taiwan's economy. TAITRA is jointly sponsored by the government and industry associations and is widely viewed by the international business community as the business gateway to Taiwan. For more information, please visit www.taitra.org.tw or www.taiwantrade.com.tw.Press contact: Ming LiE-mail: snake9370@taitra.org.tw Copyright 2019 ACN Newswire. All rights reserved. www.acnnewswire.com
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Blockpass and Corporate Options Plan eKYC Integration for Isle of Man Companies
HONG KONG, Mar 22, 2019 - (ACN Newswire) - Digital identity verification provider Blockpass has announced a new collaboration with Corporate Options Limited, which offers both individuals and businesses the opportunity to take advantage of the benefits of forming and operating a company registered in the Isle of Man. Corporate Options provides a variety of services including company formation, statutory services and ongoing maintenance. Based in the Isle of Man, Corporate Options provides assistance in all aspects of offshore company formation and corporate management for international and local businesses, as well as individuals, enabling efficient and confidential company formation with the potential for improved asset protection. Blockpass is a digital identity application and service that brings control of data back to the user. Blockpass provides a streamlined and cost-effective user-onboarding process for regulated industries and any kind of online service. From the Blockpass Application, users can create, store, and manage data-secure digital identities that can be used for an entire ecosystem of services, as well as for token purchase.Areas of collaboration for the newly announced partnership include building the first-ever client onboarding platform and eKYC management system for companies registered in the Isle of Man. Instead of requiring cost and time-prohibitive face-to-face meetings to confirm identity, users will be able to enjoy the ease of the Blockpass video verification tool to meet KYC requirements whilst enjoying a much more convenient process. "Partnering with Corporate Options allows a great opportunity for Blockpass to be able to build world-first identity management solutions," said Blockpass CEO Adam Vaziri. "Our business has always strived to be at the forefront of innovation and the integration and planned collaboration with Corporate Options is no different in this regard."Lee Murphy, Director of Corporate Options Limited commented "We are delighted to assist Blockpass with their business development which should benefit both businesses and we are keen to develop this exciting tool that will assist our clients going forward. It is great to see innovative businesses chose the Isle of Man as a springboard to develop their ideas and this fits perfectly with our strategy to not only support wealth creators but add real value to their enterprises. We aim to make the Blockpass Application successful and hope it brings benefits to other financial service providers on the Isle of Man and beyond."Blockpass has continued to expand the number of corporate customers using its platform in recent months, announcing recently that businesses including Ethfinex, BBFTA, ethecal and Infinito have integrated the KYC Connect Solution into their customer onboarding procedures. About Blockpass IDNThe goal of Blockpass IDN (http://www.blockpass.org/) is the global realization of identity for the Internet of Everything. Through the use of blockchain technology and smart contracts, Blockpass is a production ready Regtech platform offering shared regulatory and compliance services for humans, businesses, objects and devices. As this identity system supports verification of humans (KYC), objects (KYO) and connected devices (KYD), it will enable the development of new applications that rely on a trusted connection between human, corporate, and device identities. Registered in Hong Kong, Blockpass IDN is a joint venture of Infinity Blockchain Labs and Chain of Things. Blockpass IDN licenses its technology from the non-profit Blockpass Foundation, registered in the Isle of Man.For more information and updates, please visit and sign up to the following:Promotional video: https://youtu.be/SvO2cw3e-SIWebsite: http://www.blockpass.orgMedium: https://medium.com/@blockpassTwitter: https://twitter.com/BlockpassOrgFacebook: https://www.facebook.com/blockpassorg/Telegram: https://t.me/blockpassCorporate Options: https://www.corporateoptions.co.im About Corporate OptionsCorporate Options is an Isle of Man based Corporate and Trust Service Provider offering a full range of corporate services including company formation, statutory provisions, administrative services and business start-up assistance. Formed in 2008, Corporate Options has for over ten years assisted entrepreneurs, businesses and key individuals to develop and implement their ideas to potential, utilising the advantages the Isle of Man provides. Corporate Options Limited is licensed by the Isle of Man Financial Services Authority. Copyright 2019 ACN Newswire. All rights reserved. www.acnnewswire.com
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Okuma Opens "Jinan Branch Office" to Strengthen Sales and Service in China
OGUCHI, Japan, March 22, 2019 /PRNewswire/ -- Okuma Corporation held opening ceremonies for its Jinan Branch Office built in Jinan City, eastern Shandong Province, China, on March 21. The Jinan Branch Office is Okuma's third (with technical center functions) in China following similar regional offices set up in Shanghai and Guangzhou. The new office is located in the Jinan High-Tech Industrial Development Zone, 22 km from Jinan City's high-speed rail station (Jinanxi Railway Station) and 38 km from Jinan Yaoqiang International Airport. As the center of Shandong Province's business and R&D, a large number of high-tech industries are rapidly growing Jinan into a vibrant international corporate city. (Photo1: https://kyodonewsprwire.jp/img/201903184374-O1-2paY3aIH) By using the new Jinan Branch Office, Okuma aims to strengthen its application proposals and after-sales service support for customers in northern China (Hebei, Tianjin, Beijing) and inland areas (Henan) mainly in Shandong, while earning 40 billion yen a year in China as a whole. 1. Background China's GDP growth target for 2019 is 6 to 6.5%. Due to trade friction with the United States, the environment surrounding not only China but the world economy is in difficult circumstances. The Chinese government has shown indications of promoting positive economic policies such as a reduction of VAT on manufacturing, and an expansion of infrastructure investment as economic expansion measures in 2019. In China, the trend toward advanced manufacturing is increasing yearly, and demand for high-value-added machine tools, such as 5-axis machining centers and multitasking machines is growing. In addition, as labor shortages intensify, demand is expected to expand in the field of automation and labor-saving sectors utilizing Build-Operate-Transfer (BOT) project financing. Okuma opened the Jinan Branch Office in Shandong Province, where GDP is the third largest in China, and increases orders and sales by strengthening application proposals, with engineering support and after-sales service for customers. 2. Objectives To further strengthen sales activities, application proposals, engineering support and after-sales service in China, by: Providing support for local test cut applications with the latest high-value added machine tools and stronger machining support Enhancing machine operation training activities Speeding up after-sales service with optimal service parts inventory management Developing sales activities closely connected to the local regional needs 3. Brief outline (1) Name: Okuma Machine Tool (Shanghai) Corporation, Jinan Branch Office (2) Address: Build No. 35, Zhongde Industrial Park, No. 8 Zi Dong Avenue, Tianqiao District, Jinan 250119 (3) CEO: Yasuhiro Asahi (4) Building area: 1,646 square meters (showroom: 479 square meters) (5) Machines on display: Five state-of-the-art CNC machine tools MU-4000V-L 5-Axis Vertical Machining Center GENOS M560-V Vertical Machining Center GENOS L3000 1-Saddle CNC Lathe LBR-370 1-Saddle CNC Lathe MBR-5000H Horizontal Machining Center (6) Facility: 1st F: Showroom, repair shop, metrology room 2nd F: Offices, conference and seminar rooms (7) Employees: 12 (4 sales reps, 2 engineers, 5 service reps, 1 administrator) (8) Investment: Approximately 300 million yen (9) Established: March 2019
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Livestock Taiwan Expo held in Taipei on Oct 31, recruiting exhibitors now
TAIPEI, Taiwan, March 22, 2019 /PRNewswire/ -- The 3rd edition of Livestock Taiwan Expo & Forum, an exclusive trade show in Taiwan and initiated by UBM Taiwan and Malaysia, will be held at Taipei Nangang Exhibition Center from 31st Oct to 2nd Nov, 2019. The utility of IoT- and bio- technologies put into livestock business has been well developing in Taiwan. With the support of local authority, Council of Agriculture (COA), UBM aims to recruit innovative, eco-friendly and sustainable livestock products. It is expected to advocate environmental zero-burden and harm-reducing as well as efficient productivity and food safety from farm to table. "The utility of IoT- and bio- technologies put into livestock business has been well developing in Taiwan. We strongly believe Taiwan will play an important role to raise stakeholders' awareness of technology adoption within Asia-Pacific regions," remarked Sabine Liu, General Manager of UBM Taiwan. Livestock Taiwan Expo & Forum is the largest livestock trade fair launched in Taiwan. UBM has foreseen the sprung-up business opportunities for automation manufacturing companies would attract industrial players' enthusiastic participation. This year, UBM targets 350 participated exhibitors to provide diverse husbandry farming technologies and solutions. "The more consumers concern about food safety, the more husbandry farmers would be urged to improve their farming equipment," said Wang Chien-Pei, Secretary General of Taiwan Poultry Association. He continued, "We're glad to have Livestock Taiwan held in Taipei. It's a business hub and friendly city to attract international elites and enterprises. None of industrial player would ever miss this comprehensive B2B trading platform." There are 4 thematic areas planned at the show, in which they are 'Breeding and Genetics,' 'Circular Economy,' 'Nutrition and Healthcare' and 'Smart Farming Equipment'. The participated exhibitors include SKOV A/S, Big Dutchman, Kutlusan, Nabel, Kolowa Ventilation, Easy Fone Enterprise, Major Science, Life Rainbow Biotech, BSF Agritech, San Heh Pharmaceutical, and more. A total of 1,600 square meters had been reserved. Launched concurrently with Aquaculture Taiwan and Asia Agri-Tech, the 3rd edition of Livestock Taiwan Expo & Forum contains a series of forums, technical seminars and business match making programmes within three-day exhibition. For more exhibitor information, please contact Ms. Sophia Lu (TEL: +886-2-2738-3898). About UBM Asia Asia Agri-Tech Expo & Forum is organised by UBM, which in June 2018 combined with Informa PLC to become a leading B2B information services group and the largest B2B Events organiser in the world. Please visit www.ubm.com/asia for more information about our presence in Asia. About news release, please contact Ms. Joy Chou For exhibitor inquiry, please contact Ms. Sophia Lu UBM Asia Ltd., Taiwan Branch TEL: +886-2-2738-3898 FAX: +886-2-2738-4886 Email: aat-tw@ubm.com Website: www.aquaculturetaiwan.com www.livestocktaiwan.com There are 4 thematic areas planned at the show, in which they are ‘Breeding and Genetics,’ ‘Circular Economy,’ ‘Nutrition and Healthcare’ and ‘Smart Farming Equipment’. The 3rd edition of Livestock Taiwan Expo & Forum contains a series of forums, technical seminars and business match making programmes. The 3rd edition of Livestock Taiwan Expo & Forum contains a series of forums, technical seminars and business match making programmes. Photo - https://photos.prnasia.com/prnh/20190321/2410273-1-a Photo - https://photos.prnasia.com/prnh/20190321/2410273-1-b Photo - https://photos.prnasia.com/prnh/20190321/2410273-1-c Logo - https://photos.prnasia.com/prnh/20190321/2410273-1LOGO Logo - https://photos.prnasia.com/prnh/20170222/8521701055LOGO Related Links :http://www.ubm.com/asia
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Lead8's Qianhai Guanze Mixed-Use Development wins Best Conceptual Design Category at S.ARCH International Architecture Awards
HONG KONG, SHENZHEN, China and HAVANA, March 22, 2019 /PRNewswire/ -- Lead8, the award-winning international firm of Architects, Masterplanners, Interior and Graphic Designers has been awarded The S.ARCH International Architecture Award for the Best Conceptual Design Category Urban Project for its design of the Qianhai Guanze mixed-use development in Shenzhen, China. Central Courtyard Aerial View Main retail entrance The S.ARCH International Architecture Awards recognises excellence in architecture and urbanism, architectural diversity, and exemplary sustainable architecture implementations of projects and structures around the world. Particular attention is given to building/design schemes that use local resources and innovative design solutions. "This award is such an honour for us, especially given the focus is on sustainable architecture. This is something very close to our hearts and our design philosophy at Lead8. Accepting this award for a project in Shenzhen, China, here in the heart of beautiful Havana, is also gratifying," said Co Founder and Executive Director, Claude Touikan, who accepted the award on behalf of all of Lead8 in Havana, Cuba on 6 March, 2019. Located in a new financial district in Shenzhen, China, Qianhai Guanze is a 420,000 sqm mixed-use development overlooking the Shenzhen River waterfront, integrating two Class A office towers, a five-star hotel, 50,000 sqm of retail mall and two serviced apartment buildings. Lead8 helmed the project masterplanning, retail architecture, interior design and serviced apartments' facade, in collaboration with developer Horoy Holdings. Goetssch Partners (GP), is directing the architectural design for the two office towers and the hotel. The holistic design is the creation of a dynamic, highly visible landmark for the city. The project vision is to create a new urban destination with alternative outdoor experiences, retail and commercial activities for the community. Embracing the city's commitment to green design, Qianhai Guanze mixed-use development is driven by the concept of 'Town-within-a-Garden', and manifests in the form of a public urban park that helps to reconnect people with nature, while functioning as a green community asset. Green roofs and walkways, garden spaces and landscaped plazas connect pedestrians with the outdoor environment and to the public transportation system, as well as to adjacent sites and neighbouring developments. The five-level retail podium, connecting the office and residential towers, acts to anchor the development. "Qianhai Guanze mixed-use development creates a forward-looking identity for this new financial district," said David Buffonge, Co Founder and Executive Director of Lead8. "Its prominent location along Qianhai's green belt makes the development an inspiring urban environment for living, entertaining and work in Shenzhen. We are pleased to play a part in creating this unique development that will encourage interaction between people across different spaces." Qianhai Guanze mixed-use development is designed with an emphasis on the outdoor environment and connected living, and is due for completion in 2020. About Lead8Lead8 is an international architecture and design practice driven by creativity, integrity and excellence in design. We are a diverse, passionate group of architects and creative explorers who take pride in the global experience of our staff, spread across our studios around the world. We create new horizons in design thinking, delivering bespoke masterplanning, architecture, interiors, and graphic design services to create world-class, cutting-edge design solutions tailored to the needs of our clients and the communities we impact. Constantly striving towards greater creativity and innovation makes us agile, savvy and ever relevant in the global marketplace. Visit www.lead8.com for more information.All images©Lead8 International Limited High-Res Files Available on Request Photo - https://photos.prnasia.com/prnh/20190321/2410140-1-a Photo - https://photos.prnasia.com/prnh/20190321/2410140-1-b Related Links :http://www.lead8.com
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Discover the Most Diverse Designs of Lifestyle Products at STYLE Bangkok
BANGKOK, March 22, 2019 /PRNewswire/ -- STYLE Bangkok, a premier international lifestyle trade fair of Asia, is all set to offer the most comprehensive array of merchandise for diverse lifestyles at its one-stop sourcing platform at BITEC Bangkok, Thailand, from 17-21 April 2019. Discover the Most Diverse Designs of Lifestyle Products at STYLE Bangkok Meticulous planned to ensure highest business successes, STYLE Bangkok also provides opportunity for people in the lifestyle industry to network and build connections at all levels. And for general visitors, this is the time to be inspired, to learn and to find the ideal products at great bargain prices. Driven by the theme "Crenovative Origin", combining creativity, innovation and originality into product and service design and delivery, the fair covers an exhibition space of 41,000 square meters with approximately 1,600 booths of brands, exhibitions, showcases and educational platforms. The display comes in various zones: Fashion products including apparels, fabric, leather goods, accessories, shoes, bags, sport equipment, travel gears and recreational products in BIFF & BIL Zone. Gift and houseware products including home decorative items, stationeries, toys, spa and wellness products in BIG+BIH Zone. Furniture, bedding and home textiles in TIFF Zone. The Niche Showcase Zone features thoughtfully-designed products catering for particular market segments including: 60+ products for Grand Generation, Mom & Kids products, Pets products and best design of locally-made-and-marketed OTOP products. There are Special Exhibitions and Initiatives including The New Faces Zone which offers opportunity for new entrepreneurs to showcase their creations. Pattern Creator and Functional Textile exhibitions highlight the high caliber of Thai textile designers and manufactures in combining originality and creativity with innovation to meet global consumers demands. Art Zone brings rare art pieces from renowned Thai artists to delight and inspire visitors. Hospitality & Home (H&H) showcases furniture, decors for hotels and accommodations exhibited at the Salone Del Mobile 2019 in Italy. Designers' Room and Talent Thai 2019 showcases creative works from talented Thai designers. Innovation and Design Showcase brings forth the innovative and design products in Thai industry. Innovation and Design Bazaar engages entrepreneurs and start-ups to participate in business matching to leverage marketing opportunity. Innovation plus Design Style Cafe caters to innovative and environmental-friendly products in the relaxing cafe-style atmosphere. DITP Logistic Pavilion offers on-site advice on trade logistics with professional delivery service and other related businesses. For more information, visit www.stylebangkokfair.com or call +66(0)-2507-8361-4, DITP Call Center 1169 Photo - https://photos.prnasia.com/prnh/20190320/2408856-1
