Day: ខែមីនា 30, 2026
Asiaray Profit for the Year Surges for Two Years in a Row Rising 101.8% YoY to RMB21.0 Million
HONG KONG, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - Asiaray Media Group Limited (“Asiaray” or the “Group”; stock code: 1993.HK), an established out-of-home (“OOH”) media company with a strategic focus on advertising media management at mass transportation hubs, has announced its annual results for the financial year ended 31 December 2025 (the “Year”), delivering a second consecutive year of net profit growth and a third consecutive year of gross profit margin improvement. Profit for the year rose by 101.8% to RMB21.0 million, compared with RMB10.4 million in 2024 and a net loss of RMB9.9 million in 2023, while gross profit margin increased to 33.8%, from 28.7% in 2024 and 21.9% in 2023. Gross profit reached RMB309.8 million (2024: RMB306.7 million), supported by the Group’s ongoing portfolio optimization, asset upgrading and disciplined execution, despite a still-challenging operating environment.During the Year, the Group continued to improve th......
Judge Rejects NCAA Bid to Stop DraftKings from Using March Madness Trademarks
(AsiaGameHub) - Federal Judge Tanya Walton Pratt turned down the National Collegiate Athletic Association’s (NCAA) application for a temporary restraining order intended to stop DraftKings from utilizing trademarks linked to the NCAA’s basketball tournaments.
Judge Rules in Favor of DraftKings
Last week, the NCAA submitted a complaint requesting that a federal court order DraftKings to cease using terms like March Madness, Final Four, Elite Eight, and others in relation to the 2026 college basketball tournaments.
DraftKings has employed several widely recognized terms to refer to the NCAA Tournament for more than five years, and it is legally allowed to keep doing so. Judge Pratt determined that the NCAA had not sufficiently demonstrated that it would suffer irreparable damage from DraftKings’ ongoing use of its trademarks.
Timing was a critical factor in the ruling, as the court pointed out that DraftKings has been using the contested terms for over five years. This aspec......
JS Global Announces 2025 Annual Results, Adjusted Net Profit Up 338%
HONG KONG, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - JS Global Lifestyle Company Limited (Stock Code: 1691.HK) ("JS Global" or the "Group") has announced its annual results for 2025, reporting revenue of USD1.66 billion, representing a year-on-year increase of 4.1%. Gross profit was USD534 million, up 4.6% year-on-year, with gross profit margin improving to 32.2%. On an adjusted basis, the Group’s revenue from third parties reached USD1.565 billion, an increase of 14.8% year-on-year, while adjusted net profit was USD31.10 million, up 338.0% year-on-year. This demonstrates the very strong performance of the Group’s core operations and a clear improvement in profitability on an adjusted basis.In 2025, the SharkNinja APAC segment delivered strong growth, mainly driven by continued market share gains of its core product categories, successful expansion into new product categories and rapid entry into new markets. For example, in the cordless vacuum cleaner market in Japan, the brand stren......
MHI Innovative Combustion Dynamics Laboratory is Established at Kyoto University with the Aim of Developing and Socially Implementing World-Leading Technology
TOKYO, Mar 30, 2026 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Heavy Industries, Ltd. (MHI) and Kyoto University will operate an industry-academic laboratory, MHI Innovative Combustion Dynamics Laboratory, from April 1, with the aim of building world-class GTCC (gas turbine combined cycle) power plants with efficiency of over 70% and carbon-neutral combustion technology along with developing next-generation talent in deep-tech fields.With global demand for electricity trending up and data centers being expanded due to advances in electrification and the popularization of generative AI, balancing a stable supply of electricity with decarbonization is a critical issue worldwide. These circumstances have seen an increase in demand for gas turbines as a core power source due to their high efficiency, highly adjustable output, and ability to supplement renewable energy while contributing to the reduction of CO2 emissions. In the future, it is expected that gas turbines will be central in supporting the r......
ARO Network ទទួលបានថវិកា $5M ក្នុងវគ្គយុទ្ធសាស្ត្រ ដើម្បីសាងសង់ “The Agentic Edge”
(SeaPRwire) - សិង្ហបុរី, ថ្ងៃទី ២៩ ខែមីនា ឆ្នាំ ២០២៦ -- ARO Network ដែលជាអ្នកត្រួសត្រាយផ្លូវនៃ "The Agentic Edge" ដែលត្រូវបានបង្កើតឡើងដោយផ្ទាល់សម្រាប់យុគសម័យ Agentic AI បានប្រកាសពីការបញ្ចប់ការប្រមូលមូលនិ<......
From Sell-Down Overhang to Heavy Institutional Holdings: Shoucheng Holdings (0697.HK) Upgrades Its Shareholder Structure and Opens the Door to Value Re-Rating
HONG KONG, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - Over the past two years, Shoucheng Holdings (0697.HK) has persistently faced a major valuation overhang in the capital markets, namely the supply-side pressure created by the gradual exit of early shareholders through block trades.In his Chairman’s Statement, Chairman Zhao Tianyang said that this historical issue has now entered a stage of clear easing. Looking back at the company’s shareholder structure, Shoucheng Holdings introduced multiple rounds of strategic investors during its entrepreneurial and transformation phases. Angel-round investors included Chow Tai Fook Enterprises and ORIX; Series A investors included Hopu, JD.com, and Beijing State-owned Capital Operation and Management Center; while Series B investors included institutions such as Sunshine Insurance. These shareholders supported the company’s development for periods ranging from three to five years to as long as seven to eight years, and their gradual exits......
Fujitsu launches generative AI service that analyzes source code and automatically generates design documents
KAWASAKI, Japan, Mar 30, 2026 - (JCN Newswire via SeaPRwire.com) - Fujitsu today announced the launch of Fujitsu Application Transform powered by Fujitsu Kozuchi, a generative AI service that analyzes source code and automatically generates design documents, contributing to a reduction in work time of approximately 97%. Fujitsu will begin offering Fujitsu Application Transform powered by Fujitsu Kozuchi as a SaaS in Japan starting March 30, 2026. This service supports the modernization of companies and organizations by leveraging Fujitsu's extensive system development expertise, proprietary technology, and generative AI to analyze COBOL and other source codes within existing legacy systems, automatically generating design documents to understand the system's content.Building on the achievements of its predecessor, a software analysis and visualization service launched in February 2025, this new offering standardizes analysis technology and design document generation know-how. In this service, Fujitsu propriet......
Techbob Academy ចាប់ផ្តើម Tech Elite Incubation Program ដើម្បីស្តង់ដារផ្លូវអប់រំ AI និង STEAM
(SeaPRwire) - ហុងកុង, មីនាទី 30 ឆ្នាំ 2026 -- Techbob Academy បានបើកដំណើរការកម្មវិធីបណ្តុះបណ្តាលអ្នកជំនាញបច្ចេកវិទ្យា (Tech Elite Incubation Program) ដែលជាគំនិតថ្មីមួយដែលបានរចនាឡើងដើម្បីផ្តល់ផ្លូវដំណើរជាប់ទ្រង់ទ្&......
Sigenergy Passes Hearing: “AI + Energy Storage” Driving a 150-fold Revenue Surge and Redefining Industry Growth
HONG KONG, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - Sigenergy Technology (Shanghai) Co., Ltd. (hereinafter referred to as "Sigenergy" or the "Company"), a leading global provider of AI-native solar-storage-charging solutions, officially passed its listing hearing with the Hong Kong Stock Exchange (HKEX) today.A spiring to be the "Apple of the Energy World," Sigenergy has reshaped the energy product ecosystem with "AI + Energy Storage" at its core. By positioning AI as the underlying capability permeating product design, system operation, and user interaction, the Company has achieved a leap from "manufacturing" to an "intelligent system platform." Leveraging disruptive AI product power and a precise global high-end strategy, the Company has demonstrated extraordinary growth momentum: revenue surged over 150-fold within two years, and the gross margin for 2025 exceeded 50%, showcasing a new paradigm of "value-driven growth" to the capital market.Revenue Grew 150-fold in Two Years; Profitability R......
S CUBE Capital Fund Ranked No. 1 Fixed Income Performer in Asia Pacific by Bloomberg
Singapore, Mar 30, 2026 - (ACN Newswire via SeaPRwire.com) - S CUBE Capital’s Fixed Income Tactical Opportunities Fund II, managed by the Singapore-based investment manager specializing in Global and Indian strategies, has been ranked by Bloomberg as the top-performing USD fixed income fund. The firm outperformed strategies managed by leading global institutions across a universe of funds spanning 15 Asia Pacific markets including Singapore, Hong Kong, India, China, Japan, Korea, Taiwan, Australia and Mauritius.Over the one-year period ending January 31, 2026, Bloomberg reported that FITOF – Fund II delivered total returns of 12.44%, outperforming its nearest peer by more than 200 basis points. This recognition follows a similar distinction received by S CUBE two years ago and underscores the strength of the firm’s investment framework, as well as its deep expertise in navigating global credit markets. While the fund remains focused on high-quality bonds, its positioning has maintained a mea......