Category: ACN Newswire

香港, 2026年3月23日 - (亞太商訊 via SeaPRwire.com) - 人形機器人賽道再迎里程碑事件。3月20日，上交所官網顯示，宇樹科技股份有限公司科創板 IPO 申請已獲受理，融資金額 42.02 億元（人民幣，下同），審核狀態為「已受理」。這意味著宇樹科技正式向「A股人形機器人第一股」發起衝刺，也標誌著具身智能產業開始從主題催化邁向資本化兌現的新階段。從公開披露看，宇樹科技此次 IPO 並非單純的概念升溫，而是建立在業績高增長與產能擴張預期之上。根據公司招股說明書透露，公司 2025 年實現營業收入 17.08 億元，同比增長 335.36%；扣非後淨利潤超過 6 億元，同比增長 674.29%；公開發行新股不低於 4044.64 萬股，佔發行後總股本比例不低於 10%。對資本市場而言，宇樹科技最重要的意義，是開始提供一個更清晰的人形機器人估值參照系。公開報導顯示，宇樹科技在 2025 年初的估值約為 50 億元，到 2025 年 6 月已提升至約 120 億元；而本次招股書對應的初始發行後市值至少 420 億元，意味著其公開市場估值門檻較 2025 年中期的一級市場口徑又出現大幅躍升。對於資本市場而言，宇樹科技的上市進程則是釋放出一個清晰信號：人形機器人不再只是「技術想象力」的故事，而開始進入「收入、利潤、產能、融資」四線並進的新階段。對產業鏈而言，這將提升市場對整條賽道估值錨的清晰度；對已提前佈局頭部機器人的資本平台而言，則意味著賬面價值、退出預期與業務協同空間都有望同步抬升。在這一輪受益標的中，首程控股（0697.HK）的稀缺性尤為突出。公司在官方披露中明確表示，已通過北京機器人產業發展投資基金及旗下產業基金，投資宇樹科技、銀河通用、星海圖、松延動力等多家頭部企業；到 2025 年前三季度，其管理的多支產業基金又進一步完成了對宇樹科技、雲深處、加速進化、微分智飛、泉智博等核心機器人產業鏈公司的投資，覆蓋人形機器人、飛行機器人及上游關鍵環節。換言之，首程控股並非單點押注，而是在「頭部本体企業+上游關鍵環節+區域基金網絡」上形成了組合式佈局。更關鍵的是，首程控股的優勢不只在「投」，還在「投後賦能」。公司 2025 年中報和三季報均提到，其正圍繞「資金+場景+產業鏈」推進「投資+運營+生態」一體化路徑，並已設立北京首程機器人科技產業有限公司、首程機器人先進材料產業有限公司，拓展銷售代理、租賃、諮詢、供應鏈管理及上游材料延伸。同時，公司在首鋼園、北京首都國際機場 T3、成都春熙路等場景佈局常態化機器人體驗店和快閃店，推動機器人產品從展示走向商業落地。對於宇樹科技這類具備量產能力的明星企業而言，這種場景資源意味著更低的試錯成本和更快的商業驗證速度。這也是首程控股被市場視為「宇樹概念股」的核心原因：它不是單純二級市場「映射」，而是兼具資本紐帶、應用場景和產業服務能力的生態型平台。一旦宇樹科技 IPO 順利推進，首先受益的是首程控股機器人投資組合的市場認可度。頭部項目登陸資本市場後，外部投資者會更容易對首程控股存量未上市機器人資產進行對標估值。市場人士分析，從估值邏輯上看，宇樹科技 IPO 對首程控股至少構成三重利好：其一，首程控股的投資收益兌現預期抬升。 宇樹科技招股書顯示，「北京機器人產業基金」持有宇樹科技 3.8262% 股份，位列發行前前十大股東之一，而首程控股則是通過該機器人產業基金持有宇樹科技的股份。考慮新股發行稀釋後，這部分舊股對應的發行後持股比例約為 3.4436%。按 420 億元初始發行後市值測算，這一部分股權價值約為 14.46 億元；若對應 500 億元、600 億元上市後市值，則股權價值約分別為 17.22 億元和 20.66 億元，這將對首程控股現有估值體系形成邊際支撐。其二，是平台型估值中樞提升。 首程控股並非傳統意義上的單一財務投資者。公司主業一方面是基礎設施資產業務，另一方面是以基金和產業平台切入機器人、智能製造等新賽道。機器人賽道的公開市場估值錨形成後，首程控股整個機器人投資組合有望被整體重估。其三，是機器人生態商業化提速帶來的第二成長曲線。 過去市場給機器人概念股估值，往往停留在「參股收益」層面；但首程控股正在嘗試把機器人變成真實運營業務。公司披露已在線下體驗店、機場場景、文旅園區和智能停車等多個場景推進機器人落地，並與產業方合作推動「機器人+汽車」等新業態。若宇樹科技 IPO 後品牌效應和融資能力進一步增強，首程控股有望從「投中受益」擴展到「運營分成、渠道服務、場景服務、供應鏈協同」的多元受益。屆時，市場看待首程控股的框架，可能從「宇樹概念股」升級為「機器人生態基礎設施平台」。此外，首程控股的財務結構也為估值修復提供了安全邊際。公司 2024 年歸母溢利為 4.10 億港元，2025 年三季度末本公司擁有人應佔股本及儲備達 111.03 億港元，負債資本比率從 2024 年末的 15.9% 下降至 2025 年三季度的 10.9%。公司 2024 年度擬派末期股息 1.2 億港元，並在 2025 年還宣佈合共 7.68 億港元特別股息。較強的分紅意願、低槓桿與持續盈利能力，使其在「成長+收益」兩端都更容易獲得資金青睞。總體來看，宇樹科技 IPO 正式推上進程，是 2026 年具身智能產業最重要的資本事件之一。它不僅提高了頭部機器人企業的資本化確定性，也為首程控股這樣的生態型平台打開了價值重估窗口。隨著「明星項目上市—投資收益兌現—產業場景擴容—平台估值提升」邏輯逐步展開，首程控股有望成為本輪機器人行情中兼具安全邊際與彈性的核心受益者之一。 Copyright 2026 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Mar 23, 2026 - (ACN Newswire via SeaPRwire.com) -The humanoid robotics sector has reached another milestone. On 20 March, the Shanghai Stock Exchange confirmed that Unitree Robotics Co., Ltd. (operating entity: Hangzhou Yushu Technology Co., Ltd.) has received formal acceptance of its STAR Market IPO application, targeting proceeds of RMB 4.202 billion, with review status recorded as "Accepted". This marks Unitree Robotics' official push to become China's first A-share listed humanoid robot company, and signals that the embodied-intelligence industry is transitioning from a theme-driven narrative phase into a new stage of genuine capital-markets realisation.From publicly disclosed information, this IPO is not purely a concept re-rating event — it rests on a foundation of strong earnings growth and capacity expansion. According to the company's prospectus, Unitree Robotics generated revenue of RMB 1.708 billion in 2025, up 335.36% year-on-year; non-GAAP net profit exceeded RMB 600 million, up 674.29% year-on-year. The public offering involves a minimum of 40,446,434 new shares, representing at least 10% of the total post-IPO share count.For the capital markets, the most important contribution of Unitree Robotics is that it begins to provide a clearer public-market valuation reference for the humanoid-robotics sector. Reports indicate that Unitree's valuation stood at approximately RMB 5 billion in early 2025, rising to approximately RMB 12 billion by June 2025. The prospectus implies an initial post-IPO market capitalisation of at least RMB 42 billion — a dramatic leap from the mid-2025 private-market benchmark. For the capital markets, Unitree's listing trajectory carries a clear signal: humanoid robotics is no longer purely a story of "technological imagination" — it is entering a new phase of revenue, profit, capacity, and capital advancing on all four fronts simultaneously. For the supply chain, this raises the clarity of the sector's valuation anchor; for capital platforms that have invested early in leading robotics companies, it means book values, exit expectations, and business synergies all have room to rise in tandem.Among the beneficiary candidates in this cycle, Shoucheng Holdings Limited (HKEX: 0697.HK) stands out for its rarity value. The company has publicly confirmed that, through the Beijing Robotics Industry Development Investment Fund and its affiliated sub-funds, it has invested in Unitree Robotics, Galbot (Beijing Galaxy General Robot Co., Ltd.; X Square Robot , Noetix Robotics, and other leading enterprises. By Q3 2025, the multiple funds it manages had further completed investments in Unitree Robotics, DEEP Robotics / Hangzhou DEEP Robotics Co., Ltd.), Booster Robotics, Differential Robotics / Differential Robotics Technology Inc.), Wuxi Quanzhibo Technology Co., Ltd., and other core robotics supply-chain companies — covering humanoid robots, aerial robots, and critical upstream components. In short, Shoucheng Holdings is not a single-bet position, but a portfolio-style deployment spanning "leading robot OEMs + upstream critical components + regional fund networks."Crucially, Shoucheng Holdings' edge lies not only in "investing" but also in "post-investment value creation." Both the company's 2025 interim report and Q3 report highlight that it is advancing an integrated "Invest + Operate + Ecosystem" pathway centred on "capital + scenarios + supply chain." It has established Shoucheng Robot Technology Industry Co., Ltd. and Shoucheng Robot Advanced Materials Industry Co., Ltd., expanding into sales agency, leasing, consultancy, supply-chain management, and upstream materials. Simultaneously, the company has deployed permanent robot experience stores and pop-up stores at Shougang Park, Beijing Capital International Airport Terminal 3, and Chengdu Chunxi Road, accelerating the transition of robot products from showcase to commercial deployment. For high-volume producers like Unitree Robotics, these venue resources translate into lower trial-and-error costs and faster commercial validation cycles.This is also the core reason why the market treats Shoucheng Holdings as a premier Unitree Robotics proxy: it is not a simple secondary-market "reflection" play, but an ecosystem-type platform that combines capital linkages, application venues, and industrial service capabilities. Once Unitree Robotics' IPO advances smoothly, the first beneficiary will be the market recognition of Shoucheng Holdings' existing robotics investment portfolio. With a marquee portfolio company achieving public listing, external investors will find it far easier to mark-to-market the unlisted robotics assets still held by Shoucheng Holdings.Market analysts observe that, from a valuation standpoint, the Unitree Robotics IPO represents at least three distinct positive catalysts for Shoucheng Holdings.First, the anticipated realisation of investment returns has been significantly enhanced. Shoucheng Holdings holds 3.8262% of Unitree Robotics through the Beijing Robotics Industry Development Investment Fund, placing it among the top ten pre-IPO shareholders. After accounting for dilution from the new share issuance, the post-IPO stake corresponds to approximately 3.44%. Based on an assumed post-IPO market capitalisation of RMB 42 billion, this stake implies a value of approximately RMB 1.446 billion; at market caps of RMB 50 billion and RMB 60 billion, the implied values are approximately RMB 1.722 billion and RMB 2.066 billion respectively. Against the scale of Shoucheng Holdings' net asset base, these figures represent a material incremental contribution and will provide meaningful support to the company's existing valuation framework.Second, the platform-level valuation midpoint has scope to re-rate upward. Shoucheng Holdings is not a traditional single-strategy financial investor. Its core business encompasses infrastructure asset operations on one side, and entry into robotics and intelligent manufacturing through funds and an industrial platform on the other. Once the robotics sector has an established public-market valuation anchor, Shoucheng Holdings' entire robotics investment portfolio stands to be re-valued in aggregate.Third, the acceleration of robotics ecosystem commercialisation opens a genuine second growth curve. In the past, the market valued robotics concept stocks largely at the level of "equity participation income." But Shoucheng Holdings is actively working to transform robotics into a real operating business. The company has disclosed that it is advancing robot deployment across multiple scenarios — offline experience stores, airport environments, cultural-tourism parks, and smart car parks — and is collaborating with industry partners to develop new business formats such as "robotics + automotive." Should Unitree Robotics' brand recognition and fundraising capacity strengthen further post-IPO, Shoucheng Holdings could expand beyond "investment gains" to capture diversified value streams including operating profit-sharing, channel services, scenario services, and supply-chain coordination. At that point, the market's analytical framework for Shoucheng Holdings would graduate from "Unitree Robotics proxy" to "robotics ecosystem infrastructure platform."In addition, Shoucheng Holdings' financial structure provides a robust margin of safety for any valuation recovery. The company reported profit attributable to shareholders of HKD 410 million in 2024. Equity attributable to owners of the company stood at HKD 9.421 billion at end-2024. The gearing ratio declined from 15.9% at end-2024 to 10.9% by Q3 2025. In respect of the 2024 financial year, the company declared final dividend and special dividend totalling HKD 888 million, and together with the interim dividend of HKD 208 million, full-year distributions reached HKD 1.096 billion — exceeding 200% of the year's attributable profit. This combination of strong dividend commitment, low financial leverage, and sustained earnings power positions the stock favourably for capital flows seeking both "growth" and "income" attributes simultaneously.Taken as a whole, the formal advancement of the Unitree Robotics IPO process represents one of the most consequential capital-markets events of 2026 for the embodied-intelligence industry. It not only raises the capital-markets certainty for leading robotics companies, but also opens a valuation re-rating window for ecosystem-type platforms like Shoucheng Holdings Limited. As the logic of "flagship project listing → investment return realisation → industrial scenario expansion → platform valuation uplift" progressively unfolds, Shoucheng Holdings is well-positioned to emerge as one of the core beneficiaries of this robotics market cycle — a company that simultaneously offers a meaningful margin of safety and meaningful upside optionality. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Singapore and Taipei, Mar 23, 2026 - (ACN Newswire via SeaPRwire.com) - AEM Holdings Ltd. (“AEM” or “the Group”), a global leader in test innovation, announced a strategic partnership with ASE Technology Holding Co., Ltd. (TWSE: 3711, NYSE: ASX) (“ASE”), the leading provider of semiconductor assembly, testing and materials (“ATM”) services and the provider of electronic manufacturing (“EMS”) services. The collaboration brings together AEM’s proprietary test technologies with ASE’s world-class manufacturing scale to deliver disruptive test solutions tailored for the rapidly expanding Artificial Intelligence (“AI”) and High-Performance Computing (“HPC”) markets.Aligned with the strategic partnership, AEM will raise approximately S$12 million in gross proceeds through a private placement of 3,350,000 million ordinary shares to a wholly owned subsidiary of ASE, representing 1.06% of AEM’s issued share capital as at 21 March 2026, at an issue price of S$3.591 per share. ASE, through said subsidiary, will also receive a total of 28,111,856 million free detachable warrants, divided equally into two exercisable tranches, with each tranche subject to certain ASE-attributable revenue-related conditions. Each warrant is exercisable into one ordinary share, with the Tranche 1 exercise price set at 103% of the volume weighted average price (“VWAP”) of AEM’s shares for the full market day on which the subscription agreement is signed, and the Tranche 2 exercise price set at 105% ofsuch VWAP. If fully exercised, the warrants would result in an additional 8.935% of the current issued share capital. The transaction remains subject to certain conditions, including the approval of the Singapore Exchange for the listing and quotation of the new shares.Proceeds from the private placement will support AEM’s continued expansion in Taiwan and the joint integration of AEM’s test technologies, including highly parallel test architectures and advanced thermal management capabilities, into ASE’s manufacturing and test environments. The funds will also be used to advance AEM’s product roadmap, enhance its system offerings, and accelerate joint go to market initiatives aimed at supporting next generation AI and HPC applications.The strategic partnership also supports ISE Labs, a wholly owned subsidiary of ASE, as it expands AI and HPC processor development capabilities to address early-stage testing, validation, and characterization requirements. These efforts focus on heterogeneous integration architectures, including multi-chiplet and advanced system-in-package designs as well as optical interconnect technologies critical to next-generation compute platforms. ASE’s ATM portfolio further strengthens these initiatives with high-volume advanced packaging and test capabilities, enabling production-scale deployment as global demand continues to accelerate.Ken Hsiang, Chief Executive Officer of ISE Labs, stated: “As compute architectures grow more complex and time-to-production continues to compress, test has become a critical enabler of performance, reliability, and manufacturability for next-generation AI and HPC systems. By combining ISE’s advanced characterization and production-readiness capabilities with AEM’s scalable, high-parallel test technologies and system-level engineering strengths, this strategic partnership enables rapid transition from validation to ASE’s high-volume deployment while addressing the increasing complexity of advanced compute testing.”Samer Kabbani, Chief Executive Officer of AEM, commented, “This partnership represents an important step in AEM’s strategy to work closely with industry leaders to advance the state of AI and HPC testing. ASE’s forward-looking approach and global scale make them an ideal partner as test requirements continue to intensify across advanced compute platforms. By combining our respective strengths, we aim to develop and deploy next-generation test solutions that help customers improve performance, scalability, and time-to-market.”About ASE Technology Holding Co., Ltd.ASEH is the leading provider of semiconductor manufacturing services in assembly and test. The Company develops and offers complete turnkey solutions covering front-end engineering test, wafer probing and final test, as well as packaging, materials and electronic manufacturing services through USI with superior technologies, breakthrough innovations, and advanced development programs. With advanced technological capabilities and a global presence spanning Taiwan, China, South Korea, Japan, Singapore, Malaysia, Philippines, Vietnam, Mexico, and Tunisia as well as the United States and Europe, ASEH has established a reputation for reliable, high quality products and services. For more information, please visit our website at https://www.aseglobal.com.About AEMAEM is a global leader in test innovation. We provide the most comprehensive semiconductor and electronics test solutions based on the best-in-class technologies, processes, and customer support. AEM has a global presence across Asia, Europe, and the United States. AEM's R&D centres are situated in Singapore, Malaysia, Finland, France, and the US. With manufacturing plants located in Singapore, Malaysia (Penang), Indonesia (Batam), Vietnam, Finland (Lieto), South Korea, and the United States and a global network of engineering support, sales offices, associates, and distributors, we offer our customers a robust and resilient ecosystem of test innovation and support.AEM Holdings Ltd. is listed on the main board of the Singapore Exchange (Reuters: AEM. SI; Bloomberg: AEM SP). AEM’s head office is in Singapore.For more information please contact:Kamal SAMUEL / Rishika TIWARI / LIM En Tong Financial PR Pte LtdTel: 6438 2990 / Fax: 6438 0064E-mail: kamal@financialpr.com.sg / rishika@financialpr.com.sg / entong@financialpr.com.sgPatricia MacLeod ASE, Inc.Tel: +1 408 314 9740E-mail: patricia.macleod@aseus.com Safe Harbor Notice (ASE)This press release contains "forward-looking statements" within the meaning of Section 27A of the United States Securities Act of 1933, as amended, and Section 21E of the United States Securities Exchange Act of 1934, as amended. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Although these forward-looking statements, which may include statements regarding our future results of operations, financial condition or business prospects, are based on our own information and information from other sources we believe to be reliable, you should not place undue reliance on these forward-looking statements, which apply only as of the date of this press release. The words “anticipate,” “believe,” “estimate,” “expect,” “intend,” “plan” and similar expressions, as they relate to us, are intended to identify these forward-looking statements in this press release. These forward-looking statements are necessarily estimates reflecting the best judgment of our senior management and our actual results of operations, financial condition or business prospects may differ materially from those expressed or implied by the forward-looking statements for reasons including, among others, risks associated with cyclicality and market conditions in the semiconductor or electronic industry; changes in our regulatory environment, including our ability to comply with new or stricter environmental regulations and to resolve environmental liabilities; demand for the outsourced semiconductor packaging, testing and electronic manufacturing services we offer and for such outsourced services generally; the highly competitive semiconductor or manufacturing industry we are involved in; our ability to introduce new technologies in order to remain competitive; international business activities; our business strategy; our future expansion plans and capital expenditures; the strained relationship between the Republic of China and the People’s Republic of China; general economic and political conditions; the recent shift in United States trade policies; possible disruptions in commercial activities caused by natural or human-induced disasters; fluctuations in foreign currency exchange rates; and other factors. The announced results of the full year of 2025 are preliminary and subject to audit adjustments. For a discussion of these risks and other factors, please see the documents we file from time to time with the Securities and Exchange Commission, including the 2024 Annual Report on Form 20-F filed on March 27, 2025.Disclaimer (AEM)This is a press release of general information relating to the current activities of AEM Holdings Ltd. (“AEM”). It is given in summary form and does not purport to be complete. This press release may contain forward-looking statements which are subject to risks and uncertainties. Actual future performance, outcomes and results may differ materially from those expressed in these forward-looking statements as a result of a number of risks, uncertainties and assumptions. Representative examples of these factors include (without limitation) general industry and economic conditions, interest rate trends, cost of capital and capital availability, competition from other companies, shifts in customer demands, customers and partners, changes in operating expenses, governmental and public policy changes, and the continued availability of financing. Accordingly, such statements are not and should not be construed as a representation as to the future of AEM, and are not intended to be profit forecasts, estimations or projections of future performance and should not be regarded as such. No reliance should therefore be placed on these forward-looking statements, which are based on the current views of the management of AEM. The press release is also not to be relied upon as advice to investors or potential investors and does not take into account the investment objectives, financial situation or needs of any particular investor. AEM accepts no responsibility whatsoever with respect to the use of this document or any part thereof. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

香港, 2026年3月20日 - (亞太商訊 via SeaPRwire.com) - 北京同仁堂醫養投資股份有限公司（以下簡稱"同仁堂醫養"）在資本市場的聚光燈下宣布進行全球發售，中金公司擔任獨家保薦人，將於3月30日開始掛牌交易。根據公告內容，本次全球發售的H股總數為108,153,500股。其中，香港公開發售股分為10,815,500股，國際發售股分為97,338,000股，兩者均可予重新分配。此次沖刺意味著這個中藥老字號正通過資本紐帶，將自身沉澱了三百多年的品牌理念和中醫醫養延伸進更多場景和地區。走向港股市場後，同仁堂集團將補齊"制藥-零售-醫養"大健康生態圈的最後一塊拼圖。在萬億級中醫醫療服務賽道中，這個357年的金字招牌究竟值多少？厚積薄發：中醫醫療服務的領跑者同仁堂作為中國為數不多的擁有三百多年品牌曆史的民族企業，這塊金字招牌自2019年開始大步進軍中醫醫療服務賽道，致力於將傳統中醫藥精髓與現代醫療管理服務相結合。作為同仁堂集團唯一戰略性聚焦於中醫醫療服務的子公司，同仁堂醫養結合"醫療"與"養生"，通過標准化的連鎖經營以及現代化的管理系統，提供一站式定制化中醫醫療服務，綜合覆蓋全場景中醫診療需求，成為便捷可及的中醫健康專家。招股書顯示，同仁堂醫養的門診服務收入在中國非公立中醫院醫療服務行業的所有中醫集團中排名第一，是第二大醫院集團的2倍；其門診及住院人次在中國非公立中醫院醫療服務行業的所有中醫院集團中排名第一。按2024年總門診人次及住院人次計，同仁堂醫養是中國非公立中醫院醫療服務行業中最大的中醫院集團。該細分市場的規模已占同年中國中醫醫療服務行業總市場規模的46.5%。在這個極度分散、缺乏龍頭的中醫醫療服務市場，能夠拿下"頭把交椅"，本身就是同仁堂醫養百年品牌底蘊加持下厚積薄發的底氣， 而1.7%的市占率也意味著龍頭企業的整合空間才剛剛開始。四大投資邏輯：為什麼此刻值得關注邏輯一：業績已過驗證期，增長質量持續提升據悉，公司FY22-FY24年收入CAGR（年複合增長率）高達13.6%，FY22-FY24年毛利CAGR高達24.8%，毛利增速遠超營收增速，盈利結構持續優化，跑出了稀缺的增長質量。FY2024現金轉化率為87.2%，擁有非常強健的內部流動性，"賺到的利潤是真金白銀"。期間費用率從17.1%降至13.6%，三年下降3.47個百分點，規模效應加速兌現。 有息債務占比僅11.56%，經營性現金流持續淨流入，截至2025年9月現金2.25億元，具有充分的安全墊，已經進入"增長和盈利"正相關的良性循環。邏輯二：全產業鏈協同的"降維打擊"同仁堂醫養依托的是百年積澱所形成的產業壁壘--同仁堂集團深入中醫藥行業全產業鏈，擁有深度的產業鏈協同能力。其自建的醫療服務網絡覆蓋醫院、門診部及診所、社區醫療機構等，一旦與同仁堂遍布全國的藥診店相結合，其機構密度和服務能力將呈現指數級增長。據披露信息顯示，其已經開始於自建的互聯網醫院為線下藥房和醫師提供線上醫療服務，目前業務範圍覆蓋全國。此外，依托同仁堂集團資源，公司通過收購三溪堂國藥館以及獲得安宮牛黃丸系列產品在浙江區域的獨家零售權後銷量大增，公司健康產品和其他產品的銷量在整個往績記錄期間實現爆發式增長。依托這塊金字招牌，公司的推廣費用率僅0.2%，遠低於行業平均水平--別人花大價錢獲客，同仁堂天然自帶流量。正如市場分析人士指出，同仁堂的資本棋局，本質是通過專業化分拆實現精准發力。醫養板塊作為"最後一公裏"，不僅直接創造營收，更成為拉動同仁堂集團中藥產品銷售、增強用戶粘性的超級入口。同仁堂醫養上市後，同仁堂的"制藥-零售-醫養"三位一體的大健康生態圈將完整閉合。邏輯三：內生外延雙輪驅動，增長飛輪已形成如果說品牌和集團資源是"先天優勢"，那麼同仁堂醫養通過"內生+外延"構建起的服務網絡，則是其征戰資本市場的"後天壁壘"。同仁堂醫養已建立了一個分層級、廣覆蓋的中醫醫療服務網絡。據招股書顯示，公司擁有15家醫院，覆蓋北京市、浙江省、山西省、遼寧省、黑龍江省、貴州省、新疆維吾爾自治區；9家基層醫療機構，覆蓋北京市、浙江省、上海市，及1家互聯網醫院，形成了"線下首診+線上複診"的業務閉環。在擴張路徑上，公司采取"並購+自建+管理"多輪驅動模式。為了快速切入長三角經濟發達地區，公司相繼收購了浙江三溪堂、上海承志堂等當地知名機構，通過"品牌賦能+標准化管理"實現收購標的的快速整合與業績提升。根據信息，其以輕資產方式自建的方式在齊齊哈爾、北京順義等地的新機構即將開業，同時通過向非營利性醫療機構輸出管理經驗、醫師和人才、標准化的服務，同仁堂醫養正將"同仁堂標准"複制到更廣闊的市場。邏輯四：守正創新，AI+中醫打開想象空間中醫藥老字號的煥新，既要守住"正"，也要創造"新"。這一點，這一點在同仁堂系的各個板塊均有體現。2025年8月25日，公開報道顯示，同仁堂股份與小米商業營銷達成合作，推出"同仁堂養生館"AI智能中醫藥健康服務智能體，將中醫藥知識與AI交互能力結合，面向用戶提供個性化的養生建議、用藥指導與節氣調養方案，已經形成"咨詢-建議-服務-購藥"閉環。可見，通過引入AI智能問診與健康檢測設備，同仁堂正在推動自身從"被動賣藥"向"主動健康管理"轉型，讓百年藥鋪變身便民的"智慧健康服務站" 。作為同仁堂集團大健康版圖的關鍵一塊，同仁堂醫養不僅承載著老字號在醫療服務領域的創新探索，更以其清晰的分級診療布局、深厚的醫師資源及強大的產業協同效應，向資本市場講述了一個關於傳承與創新的長期主義敘事。此次赴港IPO，對於同仁堂醫養而言，既是機遇也是挑戰。作為擁有三百五十餘年曆史的中醫藥老字號，同仁堂不僅即將打通"中醫藥全產業鏈"的資本閉環，更將為老字號在AI經濟浪潮中探索出一條"智能中醫"的新路徑。百年金字招牌如何通過資本的力量再次煥發光彩，市場正拭目以待。轉載自財聯社 Copyright 2026 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Mar 20, 2026 - (ACN Newswire via SeaPRwire.com) – The 30th Hong Kong International Film & TV Market (FILMART) and EntertainmentPulse, organised by the Hong Kong Trade Development Council (HKTDC), concluded successfully today. The two events attracted about 8,000 industry professionals from 53 countries and regions, highlighting the development momentum and collaborative potential of the global film and television industry. The events, held over four days, featured over 790 exhibitors across a record high participation of 38 countries and regions, bringing together enterprises from emerging markets like ASEAN members such as Cambodia, Malaysia, Thailand, and Vietnam, and mature film markets such as Canada, France, Italy, Korea, the United Kingdom, and the United States, further exemplifying Hong Kong’s position as a centre for cultural and artistic exchange.FILMART advances international collaboration in the film and television industryThis year’s FILMART continued to demonstrate its role as one of the region’s most influential film and television trading platforms, bringing together exhibitors, buyers and producers from both emerging and mature markets to facilitate cross-regional collaboration and business cooperations. Participating in FILMART for the first time, the General Manager of COL International Group, Timothy Oh from Singapore, noted that FILMART plays a key role in helping companies expand their international networks, he said: "I am meeting friends and new business partners from Turkey, the UK, the US, and even Brazil. Hong Kong’s role as an international hub helps create a bustling market with many business opportunities for those looking at innovation and what’s next.” Sachitha Kalingamudali, General Manager of another first-time exhibitor Mogo Studios from Sri Lanka, said FILMART exceeded his expectations. "We've met distributors from many countries, and everyone has shown genuine interest. This is a great kickstart for future partnerships." Myanmar film production company aTwentyThree even chose FILMART as its first move to explore the international market, founder Arker Soe Oo connected with distributors from the US and Europe, and expressed plans to bring more productions to the event next year.Overseas buyers also expressed strong recognition of the exhibition’s business matching effectiveness and the diversity of its content, further affirming that FILMART serves as an efficient platform for advancing collaboration across the global film and television value chain and strengthening market connectivity. Bizhan Tong, a buyer from the UK, commented: “FILMART continues to be one of the most effective platforms globally for driving cross-border collaboration. This year we formed a new strategic partnership with MOFAC, advanced multiple projects across both our and other companies' slates, and saw a highly concentrated run of meetings with partners across Asia translating into tangible co-investment and co-production opportunities.”AI Hub supports Mainland tech companies in going globalA highlight of this year’s FILMART was AI Hub which had multiple leading AI and technology companies showcasing their latest AI technologies and solutions, attracting buyers and potential partners from around the world for business discussions and exchanges. Through this platform, many Mainland start-ups and established enterprises have accelerated their expansion into overseas markets and built international networks, further enhancing brand visibility and converting opportunities into concrete business outcomes. Zhihan Zhang, Founder and CEO of Daogu Culture Limited, remarked, “Whether it is AI animation, short dramas, or digital humans, the key to the future lies in global strategy. FILMART gathers global industry professionals, facilities connections and exchanges, and enables us to understand the various client needs of different overseas markets.” In addition, the newly established "AI Academy", supported by the Cultural and Creative Industries Development Agency and the Film Development Fund, was well-received. 19 thematic workshops equipped industry professionals with hands-on AI skills and insights into emerging trends.Producers Connect fosters collaboration between local and global producersProducers Connect, jointly organised by the HKSAR’s Culture, Sports and Tourism Bureau, the Cultural and Creative Industries Development Agency, the Hong Kong Film Development Council and the HKTDC, united more than 100 producers from Hong Kong and around the world this year. Through a series of networking sessions, panel discussions and workshops, Producers Connect provided a cross-regional platform for creative collaboration, enabling industry professionals to share production trends, explore co-production models and discuss potential projects. The initiative strengthens connections between Hong Kong and the international film and television community, creating more possibilities for jointly expanding into the global market. Speaking at the panel discussion titled “International Coproductions in an Evolving Film Industry Landscape,” Janet Yang, Golden Globe-winning producer, observed: “The world is getting flatter, language is mattering less and less to audiences everywhere.” Producer and director Peter Chan also mentioned: “It’s always difficult to convince the studio, the investor, or now the platform, of a vision you want to make. What you try to do is diversify your investors and partners into different regions.”48 featured forums and events examine emerging industry trendsTwo major forums held alongside FILMART — EntertainmentPulse and the Digital Entertainment Summit — focused on the latest developments in the global film, television and entertainment technology sectors, attracting strong participation from industry professionals. EntertainmentPulse addressed popular topics including artificial intelligence, streaming platform strategies, the rising popularity of short dramas, co-production and financing trends. Industry leaders shared insights on global market strategies and future directions, helping the sector capture emerging opportunities. The Financing & Investment panel, themed “Capital in Motion: Private Financing Promotes Development of Asia’s Film & TV Industry,” explored Asian private investment trends, project financing strategies and planning. Justin Deimen, Managing Partner of Goldfinch International, shared: “We need to allocate more resources and capability towards creative IP valuation. If you cannot value something, you cannot invest in it.”Meanwhile, FILMART Online IP Catalogue featured more than 2,200 creative IP projects, extending the four-day physical fair into a two-month networking platform helping industry stakeholders continue exploring business opportunities. This initiative further consolidated Hong Kong’s position as Asia’s film and entertainment trading hub. The catalogue will remain open until 27 April, enabling industry participants to transcend geographical boundaries and continue expanding global business opportunities.Website:FILMART— http://www.hktdc.com/hkfilmartEntertainmentPulse—https://hkfilmart.hktdc.com/conference/hkfilmart/en/programme'category=EntertainmentPulsePhoto Download: https://bit.ly/4sxPP6I The 30th Hong Kong International Film & TV Market (FILMART) and the EntertainmentPulse, organised by the Hong Kong Trade Development Council (HKTDC), concluded successfully today. The two events attracted about 8,000 industry professionals from 53 countries and regions, highlighting the development momentum and collaborative potential of the global film and television industryThis year, FILMART welcomes the first-time participation of emerging markets including Belgium, Poland, Sri Lanka, Myanmar, and Uzbekistan; the picture shows the exhibitor from UzbekistanThe AI Hub displays the latest AI technologies and solutions, assisting Mainland tech companies take a crucial step in going globalProducers Connect’s panel discussion specially invited renowned director Peter Chan (second left) and Golden Globe Award-winning producer Janet Yang (second right) to attend, bringing new inspirations and directions for international co-productions to the industryEntertainmentPulse addresses a range of popular topics, including artificial intelligence, streaming platform strategies, the rising popularity of short dramas, co-production and financing trends. Industry leaders share insights on global market strategies and future directions, helping the sector capture emerging opportunitiesMedia enquiries:For enquiries, please contact:Raconteur PR:Betsy TseTel: (852) 9742 7338 Email: betsytse@raconteur.hkMolisa LauTel: (852) 6187 7786 Email: molisalau@raconteur.hkHKTDC Communication and Public Affairs Department:Serena Cheung Tel: (852) 2584 4272Email: serena.hm.cheung@hktdc.orgHKTDC Mediaroom: http://mediaroom.hktdc.com/enAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

香港, 2026年3月20日 - (亞太商訊 via SeaPRwire.com) - 3月16日，康哲藥業（0867.HK）發佈2025年度業績公告，全面展現戰略轉型成效。財報顯示，公司業績已重回長周期增長軌道，創新藥與獨家藥成為核心增長引擎，集采影響基本出清，疊加多款重磅新藥密集獲批與管線穩步推進，長期發展動能全面煥新。憑藉紮實的基本面及穩步兌現的創新成果，康哲藥業2025全年公司股價累計上漲77.88%，清晰印證了市場對其創新實力的認可。2025年報亮點：業績重回增長軌道，創新研發矩陣擴容提質2025年是康哲藥業戰略轉型的關鍵收穫年。財報顯示，公司營業額同比增長9.9%至82.12億元（人民幣，下同）；若全按藥品銷售收入計算達93.86億元，同比增長8.9%；正常化年度溢利17.76億元，同比增長3.6%，標誌着公司已徹底消化集采負面影響，業績增長迎來拐點；毛利同比增長8.3%至58.72億元，毛利率維持在71.5%的較高水平，盈利質量穩固。在業績增長的同時，公司慷慨回饋股東，建議末期股息每股0.1366元，全年總股息達0.2921元/股，同比增長9.0%，彰顯對股東回報的重視與未來發展的信心。與此同時，康哲藥業的業務結構優化成效顯著，主要獨家/品牌產品及創新產品占藥品銷售收入比重升至59.8%，其中獨家藥和創新藥同比增速高達44.1%，成為驅動增長的核心引擎。研發管線方面，康哲藥業現已進入密集收穫期，形成上市放量、審評衝刺、臨床推進的梯次佈局。2025年以來，公司新增2款創新藥獲批上市，截至目前共有7款創新藥商業化，6款中國NDA審評中，約20項臨床開發有序推進。健康的產品梯隊，確保康哲藥業2026-2030年間每年都有新藥獲批上市，為中長期增長奠定堅實基礎。重磅新藥填補臨床空白，細分賽道治療格局有望重塑康哲藥業近期獲批的兩款重磅新藥，均精準瞄向臨床未被滿足的核心需求，有望在細分領域重塑競爭格局。2026年3月13日，德昔度司他片獲國家藥監局批准上市，作為創新型口服HIF-PHI，適用於非透析的成人CKD患者貧血治療。目前，我國CKD患者群體規模超1.2億，其中非透析患者貧血治療達標率僅8.2%，臨床未被滿足需求顯著。產品中國III期臨床試驗顯示，德昔度司他片不僅達到主要療效終點，還可長期維持血紅蛋白（Hb）水平達標，安全性良好，同時顯著降低鐵調素水平，糾正鐵代謝紊亂。德昔度司他片上市後，將與康哲藥業已商業化的CKD高磷血症創新藥維福瑞形成強大協同效應，實現腎病治療多場景覆蓋。百盧妥（磷酸蘆可替尼乳膏）則於2026年1月獲批白癜風適應症，成為中國首款用於該疾病治療的外用JAK抑制劑，填補了國內白癜風靶向治療的市場空白。2026年3月12日，產品在全國30個省級行政區實現白癜風患者首批處方落地，覆蓋千家公私立醫療機構，同步進駐超1,300家線下藥店及京東平台，並已於3月15日上線阿里健康。截至目前，產品在京東健康、阿里健康兩個平台的合計銷量已超8500支。創新管線進入收穫期，多元創新成果密集兌現從早期進口原研藥代理到全鏈條創新藥企，康哲藥業的戰略轉型已初見成效，憑藉持續的研發投入與深厚的商業化能力，構築起難以複製的競爭壁壘。公司現已形成覆蓋心腎代謝、中樞神經、消化、眼科、皮膚健康等高價值專科領域的梯度化管線，7款已上市創新藥合計峰值潛力超百億元，多款產品成為細分領域標杆。在審評中的創新管線產品，同樣具備較高市場潛力。全球首款狂犬病雙特異性抗體斯樂韋米單抗注射液，面向我國每年超4000萬狂犬病毒暴露人群，銷售峰值有望達20億；注射用Y-3作為全球首個基於腦卒中重要靶點PSD95-nNOS和MPO開發的腦細胞保護劑，可實現「卒中治療與卒中後抑鬱焦慮預防」雙重功效，有望重塑急性缺血性卒中治療格局，銷售峰值或將突破30億元；ABP-671為創新型URAT1抑制劑，有望成為可長期服用的、用於優效控制血尿酸水平及優化痛風管理的一線治療首選，銷售峰值亦有望突破30億元。與此同時，康哲藥業正加速完善自主研發體系，研發方向聚焦專科領域的全球前沿靶點，以強化差異化競爭優勢。公司目前包括INHBE小核酸藥物CMS-D008注射液（擬用於超重/肥胖）在內的6款具備全球自主知識產權的創新藥，正在按計劃推進在中國的臨床開發，為其後續增長提供內生動力。創新驅動戰略成效顯著，步入業績兌現與估值修復的良性循環2025年創新藥領域強勢復甦，成為醫藥賽道核心增長引擎。邁入2026，多家機構一致認為創新藥前景依然明朗。隨着技術紅利與國際化能力的雙重疊加，行業正迎來「DeepSeek時刻」，有望湧現出一批十倍股。如何審視其中的中長期機會？又該怎樣捕捉那些具備持續創新力的真正贏家？仔細分析這輪醫藥新股行情，優質創新藥企的價值重估成為核心主線。市場資金正從過去的「泛泛創新」轉向「精選優質」，更加青睞那些擁有核心技術、全鏈路商業化路徑和差異化產品管線的企業，向真創新、實業績、國際化的投資主線聚焦。首先，財務數據是最有力的註腳。康哲藥業2025年銷售收入和正常化利潤重回增長背後，是公司近年來強化產品創新、商業革新、國際拓展三大戰略的轉型成效。通過海外授權、國內合作、自主研發的三位一體研發體系，公司搭建起覆蓋多領域、梯隊完整的創新產品矩陣，護城河日益穩固。其次，公司商業化體系持續革新，院內院外一體、線上線下融合，專業臨床價值與消費醫療需求共振，推動價值釋放步入快車道。作為運營超三十年的平台型企業，商業化能力是康哲藥業的核心競爭力之一。公司目前在售產品超20款，億活、施圖倫、喜遼妥等一批具備市場獨佔性的獨家產品持續穩健增長；另外還有自2023年起推出的創新產品如維福瑞、益路取等正快速放量，構成「獨家品牌驅動、創新引領增長」產品組合。再次，通過聚焦專科，打造細分小領域的大龍頭，獨立運營皮膚健康與眼科業務。2025年4月，康哲藥業啟動皮膚健康業務主體德鎂醫藥的分拆上市計劃。德鎂醫藥構建了覆蓋白癜風、銀屑病、特應性皮炎等疾病的完整產品矩陣，管線合計峰值潛力超120億元。2025年，德鎂醫藥營收10.70億元，同比大增73.20%，分拆後有望獲得更貼合創新藥企的估值溢價。此外，聚焦眼科領域的康哲維盛也已形成鮮明的專科優勢，以眼科領域為核心驅動，打造了包括施圖倫滴眼液（七葉洋地黃雙苷滴眼液）、EyeOP1青光眼治療儀在內的專業眼科藥械產品組合，並引入諾華兩款眼科王牌產品諾適得、倍優適，打造強勢眼科產品矩陣，致力於打造中國眼科醫藥龍頭。最後，康哲藥業積極探索國際拓展，通過東南亞研發+製造+商業化一體化佈局，打造新地域第二增長曲線。2025年7月康哲藥業在新加坡二次上市，不僅優化了國際資本結構，更能藉助當地政策優勢與區位優勢，為產業出海搭建橋樑。東南亞及中東醫藥市場預計2027年規模分別達651億美元和340億美元，年複合增長率均超9%，人口基數大、醫療需求旺盛的藍海市場將為公司帶來廣闊增量空間。康哲藥業以新加坡為樞紐構建起研發、生產、商業化的全鏈條海外運營體系。公司旗下Rxilient平台已在亞太及中東地區提交近20款產品上市申請，新加坡聯營生產基地（PharmaGend）也已通過美國FDA與新加坡HSA雙認證，具備全球合規生產能力。康哲藥業的新地域第二增長曲線逐步成型。寫在最後：估值重構機遇顯現，機構看好長期成長價值在財報發佈後，信達證券、中金證券、海通國際、第一上海等多家券商機構發佈看好康哲藥業的估值預期研報，給予買入或增持評級，IFIND近一個月一致目標價達18.07港元，較截止3月19日收盤價，上漲空間達32%。海通國際在近期一份研報中認為，康哲藥業2025收入端穩健增長，存量集采產品影響已經基本出清。未來兩年創新產品密集上市，獨家及創新產品拉動銷售穩健增長，並看好蘆可替尼市場前景。信達證券在研報中指出，從靶點維度上看，公司的自主創新資產，緊跟全球熱門靶點，TYK2、INHBE等均為全球製藥巨頭重點攻堅的潛力賽道，公司自研創新能力鋒芒初露。站在新起點，康哲藥業手握全鏈條創新能力與成熟商業化體系，正迎來價值重估與業績增長的雙重機遇，長期投資價值值得期待。 Copyright 2026 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com

TOKYO, Mar 20, 2026 - (JCN Newswire via SeaPRwire.com) - TANAKA PRECIOUS METAL GROUP Co., Ltd. (Head office: Chuo-ku, Tokyo; Group CEO: Koichiro Tanaka) announces that its Board of Directors tentatively decided, at a meeting held on February 16, 2026, the appointment of new Audit & Supervisory Board Members. The Boards of Directors of each group company—TANAKA PRECIOUS METAL TECHNOLOGIES Co., Ltd., TANAKA PRECIOUS METAL RETAILING Co., Ltd., and TANAKA ELECTRONICS Co., Ltd.—also tentatively decided on the same appointment.Press inquiriesTANAKA PRECIOUS METAL GROUP Co., Ltd.https://tanaka-preciousmetals.com/en/inquiries-for-media/ TANAKA’s Executive Appointments1. TANAKA PRECIOUS METAL GROUP Co., Ltd. (Effective of March 26, 2026)New PositionName Previous PositionAudit & Supervisory Board MemberNobutaka AokiNewly Appointed *The Audit & Supervisory Board Member is scheduled to be appointed at the Annual General Meeting of Shareholders to be held on March 26, 2026.*Satoru Ochiai is scheduled to retire from the position of Audit & Supervisory Board Member effective March 26, 2026.2. TANAKA PRECIOUS METAL TECHNOLOGIES Co., Ltd. (Effective of March 26, 2026)New PositionName Previous PositionAudit & Supervisory Board MemberNobutaka AokiNewly Appointed Audit & Supervisory Board MemberHiroyuki SakamotoNewly Appointed *The Audit & Supervisory Board Member is scheduled to be appointed at the Annual General Meeting of Shareholders to be held on March 26, 2026.*Satoru Ochiai is scheduled to retire from the position of Audit & Supervisory Board Member effective March 26, 2026.3. TANAKA PRECIOUS METAL RETAILING Co., Ltd. (Effective of March 26, 2026)New PositionName Previous PositionAudit & Supervisory Board MemberNobutaka AokiNewly Appointed *The Audit & Supervisory Board Member is scheduled to be appointed at the Annual General Meeting of Shareholders to be held on March 26, 2026.*Satoru Ochiai is scheduled to retire from the position of Audit & Supervisory Board Member effective March 26, 2026.4. TANAKA ELECTRONICS Co., Ltd. (Effective of March 26, 2026)New PositionName Previous PositionAudit & Supervisory Board MemberNobutaka AokiNewly Appointed *The Audit & Supervisory Board Member is scheduled to be appointed at the Annual General Meeting of Shareholders to be held on March 26, 2026.*Satoru Ochiai is scheduled to retire from the position of Audit & Supervisory Board Member effective March 26, 2026.Press Release: https://www.acnnewswire.com/docs/files/20260320.pdf Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

香港, 2026年3月20日 - (亞太商訊 via SeaPRwire.com) - 2026年初，醫療企業赴港上市潮持續升溫。僅1月份，便有31家企業遞交或更新招股書，頻率高達日均一家，打破2021年牛市巔峰期的單月紀錄。截至2026年2月，港股與A股排隊上市的醫療企業共計127家，數量創曆史新高，其中92家瞄准港股，35家布局A股。在這股上市浪潮中，北京同仁堂醫養投資股份有限公司 [股票代碼：02667.HK]（下稱"同仁堂醫養"）今日正式進入公開招股階段，擬發行價7.3-8.3港元/股，預計募資規模將達到7.71億港元。當127家醫療企業同臺競技，投資人最關心的問題是：誰值得關注？ 以下幾組數據或許可以提供判斷依據。三年穩增不是終點，增長質量才是關鍵在一眾遞表醫療企業中，同仁堂醫養的財務表現堪稱穩健。營收端：三年複合增長，規模效應初顯。2022年至2024年，公司營業收入分別為9.11億元（人民幣，下同）、11.53億元、11.75億元，2023年同比增長26.6%。在2025年的三個季度，公司已經實現營收8.58億元，增長勢頭不減。利潤端：扭虧後持續改善，盈利彈性加速釋放。2023年，公司成功實現扭虧，淨利潤達到4263.4萬元；2024年淨利潤進一步增長至4619.7萬元，同比增幅為8.4%。2025年前九個月，淨利潤達2400萬元。經調整淨利潤由2023年的4,787萬元增至2024年的6,173萬元，增幅達29%，盈利質量顯著提升。但比營收增長更值得關注的，是增長的"含金量"：費用率持續下降：期間費用率從2022年的17.1%降至2025年前三季度的13.6%，三年下降3.47個百分點，規模效應正在兌現。現金流健康：經營性現金流持續淨流入，截至2025年9月現金等價物2.25億元，現金流充沛。低杠杆運營：有息債務占比僅11.56%，財務安全邊際充裕。規模與收入的正比增長，反映出公司當前業務結構的特征，同仁堂醫養在非公立中醫院醫療服務市場中的規模也較為可觀。根據弗若斯特沙利文報告，按2024年總門診人次及住院人次計算，同仁堂醫養以1.7%的市場份額，位列中國非公立中醫院醫療服務行業之首。公司所在的非公立中醫院醫療服務市場規模占中國中醫醫療服務行業總市場規模的46.5%，接近"半壁江山"--這意味著公司在一個近5,000億元的細分市場中占據了龍頭位置。業務拆解：三大引擎如何驅動持續增長同仁堂醫養成立於2015年，為同仁堂集團旗下專注中醫醫療服務的戰略平臺。與傳統醫院集團"單一靠門診收入"的模式不同，公司構建了三條差異化的增長引擎：公司業務涵蓋三大板塊：面向個人客戶的中醫醫療服務、面向機構客戶的標准化管理服務，以及健康產品銷售。引擎一：中醫醫療服務--基本盤穩健，分級診療模式已驗證公司已構建包含25家醫療機構的分級診療網絡，包括12家自有線下醫療機構及一家互聯網醫院，同時受托管理12家線下醫療機構。自有機構中，包含7家醫院、3家門診部及2家診所。通過互聯網醫院，將外部醫療機構、醫生及藥房資源納入服務鏈條，形成線上線下協同的診療體系。公司強調"醫"與"養"的結合，通過藥物治療與非藥物療法的整合，提供定制化中醫醫療服務。這一模式的核心競爭力在於"標准化中的個性化"--在保持中醫個體化診療特色的同時，建立可複制的服務流程與質量控制體系。正是這套標准化管理體系，使得公司能夠在快速擴張中保持服務質量的一致性。2025年前三季度，中醫醫療服務收入占比達84.3%，是公司的業績基本盤。更關鍵的是，公司線下網絡客戶就診人次同比增長24.5%，會員累計人數從2022年末43.6萬人增至2025年9月末76.7萬人，複合增長率超30%--客戶基礎的快速擴大，為未來客單價提升和服務延伸奠定了堅實基礎。引擎二：管理服務--400%躍升的第二增長曲線在眾多業務中，同仁堂醫養的管理服務構成公司近年來增長最為迅猛的業務線，其核心為供應鏈管理服務。依托集團醫療資源與管理經驗，公司向受托管理的醫療機構輸出涵蓋醫療服務、專業培養、供應鏈、信息技術、營銷推廣及監管合規的全方位賦能。在多功能采購協同管理平臺支撐下，公司同時為藥品生產及貿易企業提供綜合服務。該板塊收入呈現階梯式增長：- 2022年： 190萬元（起步期）- 2023年： 960萬元（增幅逾400%）- 2024年： 1,550萬元（同比增長61.5%）- 2025年前九個月： 1,130萬元（同比增長39.5%，全年有望延續高增長）為什麼這個看似體量不大的業務值得特別關注？ 原因有三：毛利率極高：管理服務毛利率超70%，遠高於整體18%的水平，是未來利潤率提升的核心驅動力輕資產模式：不需要重資產投入，通過管理輸出即可創造收入，具有極強的可擴展性飛輪效應：管理服務做得越好，受托機構運營越規範，越有可能轉化為收購標的或深度合作夥伴，反過來強化自有醫療服務網絡可見公司並非單純依賴"買醫院"的外延擴張，而是正在構建一套"管理能力輸出"的輕資產增長模式，這是比收購更具持續性的增長引擎。引擎三：健康產品銷售--品牌變現的戰略布局公司產品銷售業務則主要包括中成藥、中藥材、西藥、保健食品及營養品。該業務目前以浙江省金華市為據點，通過自有獨立門店運營，作為中醫醫療服務的延伸補充。此外，同仁堂醫養還已獲得向浙江省的零售商獨家銷售同仁堂爆款安宮牛黃丸系列產品的權利。招股書數據顯示，健康產品銷售收入由2022年的8770萬元增加57.0%至2023年的 1.37億元，主要來源於收購三溪堂國藥館後公司搭建起養生消費業務線，健康產品的銷售額持續增加，2025年前三季度，該板塊收入占比13.6%。三大業務的協同邏輯清晰： 中醫醫療服務建立客戶信任和品牌認知，管理服務輸出標准化能力並拓展服務網絡，健康產品銷售實現品牌價值的商業化變現。三者形成"服務引流→管理擴張→產品變現"的閉環，互為支撐。標准化管理：從"名醫驅動"到"體系驅動"的關鍵跨越對於中醫醫療服務企業而言，最大的成長瓶頸不是市場需求，而是"名醫能否複制"。 同仁堂醫養正在用一套體系化的方法論來回答這個問題。公司構建了以標准化管理為核心的運營體系，涵蓋三大基礎設施：- 供應鏈協同平臺：統一采購、統一質控，確保旗下所有機構藥材品質一致- 雲HIS+BIS數字化系統：打通診療數據、運營數據、財務數據，實現全鏈條數字化管控- 人才培養體系：從集團系統內的名老中醫傳承，到年輕醫師的規範化培訓，建立多層次人才梯隊這套體系的價值在於，它讓公司的增長不再完全依賴於個別名醫的"人治"，而是轉向"體系驅動"的可複制增長。匯聚2,732名執業醫師（其中國家級榮譽醫師30名）的背後，是一套能夠持續吸引、培養和留住人才的組織能力。佐證這一判斷的數據是，公司前五大醫師貢獻收入占比從2022年的11.4%下降至2025年前三季度的9.1%，頭部醫師依賴度持續降低，說明收入來源正在從"名醫個人品牌"向"機構品牌"遷移--這是中醫醫療連鎖化成功的關鍵標志。所有已開業自有醫療機構均為醫保定點機構，醫保結算收入占比超55%，合規運營能力與客戶粘性突出。AI+中醫：技術路徑已明確，想象空間正在打開在新技術運用和研發層面，同仁堂集團積極布局AI技術。2026年1月，北京市經濟和信息化局與同仁堂簽訂任務合同書，支持同仁堂開展"人工智能賦能中藥新藥開發平臺基礎能力建設"項目。該項目將從四個方面入手：中藥處方數據庫建設、人工智能中藥虛擬篩選、中藥作用機制解析、貴細中藥智能質控，構建人工智能賦能中藥創新藥研發和優勢產品群培育的技術平臺。依托系內擁有的上千個產品批號，同仁堂將探索應用人工智能技術挖掘中醫藥和生物醫藥研究所積累的大量數據，對現有品種的臨床價值進行重新評估。這一技術路徑對同仁堂醫養的意義重大，以循證依據賦能中醫診療標准化、患者健康管理及療效追蹤等環節的質量提升。換言之，AI不僅在"制藥端"創造價值，更將在"服務端"直接提升同仁堂醫養的診療效率和服務標准化水平。與多數"AI概念"企業不同，同仁堂的AI布局有兩個差異化優勢，其一是數據壁壘，上千個產品批號，數百年臨床積累，以及生物醫藥研究所的海量數據，這些是任何AI企業無法從零構建的；另一方面是政策背書， 北京市經信局簽訂任務合同書，這是政府對項目可行性和戰略價值的直接認可。AI時代的紅利，不僅是對中醫行業的變革，也或將為同仁堂醫養的業務升級提供新的想象空間。展望未來，這家已經具備自我造血能力的企業，尤其管理服務的輕資產模式為其未來打開利潤率提升空間。這種針對性的業務布局與結構安排，既依托了同仁堂品牌的藥品優勢，也體現出管理層對不同業務板塊的階段性戰略規劃。三年穩增營收只是起點，三大引擎協同驅動的增長飛輪才是這家公司最值得關注的長期價值所在，也將成為同仁堂醫養實現持續增長的重要支撐。轉載自36氪 Copyright 2026 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com

北京, 2026年3月20日 - (亞太商訊 via SeaPRwire.com) - 3月19日（北京），在香港特別行政區政府支持下，由香港貿易發展局（香港貿發局）及中國香港（地區）商會合辦的「國家新發展 香港新機遇 十五五開局研討會」在北京舉行。活動聚焦「十五五」規劃下香港新機遇，現場反響熱烈，合共吸引超過500名內地港商及有意赴港的內地企業出席，香港貿發局呼籲廣大港商搶抓機遇、積極行動，把握國家發展帶來的新契機。「十五五」規劃由第十四屆全國人大會議批準並公布實施，為中國未來五年經濟社會發展奠定發展方向、路徑與目標。是次研討會特別從港人港商層面探討如何參與到規劃中各個領域的新發展，令內地港商更好地主動對接「十五五」規劃，融入和服務國家發展大局。開幕環節由香港貿發局主席馬時亨教授及中國香港（地區）商會會長楊莉珊致辭。馬主席致辭時表示，國家發展，就是香港最大的機遇。為主動對接「十五五」規劃，香港貿發局已於今年1月初成立十五五規劃專責小組，系統對接國家、地方及相關專項規劃，研究策略和工作部署。過去一個月，貿發局已在上海、深圳、成都、杭州等多地舉辦了14場「十五五」座談會，切實幫助香港企業讀懂政策、搶佔機遇、深度參與國家建設。馬主席說：「今年是『十五五』開局之年，也是香港貿發局成立60周年。踏入新一個甲子，在新征程上擔當新使命，我們會按『國家所需，香港所長』，配合特區政府的發展部署，與時俱進，進一步拓展貿發局的功能與作用，助力企業精準對接國家『十五五』，與政府、與企業一起，共同為香港、為國家，為世界發展做出更大貢獻。」他預告，香港貿發局「出海全球通」服務（GoGlobal Connect）將在下月中於香港啟動，屆時內地企業可透過香港貿發局的不同平台出海，13個內地辦事處也將隨時為企業服務。中國香港（地區）商會會長楊莉珊致辭時表示，長期以來貿發局在推動香港對外貿易、促進國際交流合作方面都扮演著重要角色，也是商會長期的合作夥伴之一。國家的發展進入了新階段，也為香港帶來了新的機遇。從粵港澳大灣區建設到一帶一路高質量發展、從科技創新到金融開放，進一步凸顯香港的獨特優勢和角色。在這樣承前啟後的重要節點，這場研討會正是為了幫助大家看清方向、找準落點，將國家大勢轉化為企業機遇，實現香港所長與國家所需的精準對接。其後的主旨演講環節，香港特別行政區政府財政司司長陳茂波指出，香港在「一國兩制」下是「超級聯繫人」和「超級增值人」，一直維持自由港地位，加上高效的金融、航運、航空、物流和專業服務，能為出海企業提供全方位支持。他表示：「香港繼續是海外投資者進入內地的首選平台和通道。在當前充滿不確定性的國際環境中，我國為國際資金和投資者提供了穩定、安全、政策可預期及充滿機遇的投資環境。香港商界熟悉內地市場，加上CEPA（《內地與香港關於建立更緊密經貿關係的安排》）下的優惠待遇，以及金融市場的互聯互通，讓香港成為外資進入內地市場的理想通道。在中央領導的關心和各部委的支持下，我們將繼續與內地優化相關領域的政策措施，更好服務內地和國際企業和投資者。」商務部黨組成員、部長助理袁曉明出席香港「國家新發展 香港新機遇 十五五開局研討會」並致辭，代表商務部對研討會召開表示祝賀。他指出，「十五五」時期是國家現代化建設承前啟後的關鍵階段，相關規劃綱要明確擴大高水平開放、支持港澳發展等部署，商務部將落實中央部署推動藍圖落地。他表示，香港正迎來多重戰略機遇，特區政府首次編制本地五年規劃對接國家規劃，彰顯「一國兩制」獨特優勢，商務部將從擴大對港高水平開放、助力香港深化區域合作並早日加入RCEP、支持香港參與粵港澳大灣區建設和共建「一帶一路」三方面發力，助力香港對接國家規劃、融入國家發展大局。他以「好風憑借力，揚帆正當時」寄語嘉賓集思廣益，推動香港在強國建設、民族覆興中發揮更大作用。工業和信息化部消費品工業司司長何亞瓊在研討會上表示，「十五五」是國家現代化建設關鍵期，消費品工業是實體經濟重要基本盤，2025年核心指標占規上工業近四分之一，穩增長、惠民生作用顯著。香港作為大灣區核心引擎，聯通世界優勢獨特，工信部緊扣大灣區戰略，與香港開展多項務實合作：疫情期間統籌超13億件防疫物資援港，大埔火災後火速保障物資，盡顯兩地守望相助情誼；推動醫藥產業創新協同，助力產業邁向全球價值鏈中高端；吸納李錦記等香港優質品牌入國家消費名品方陣，深化兩地品牌共建。今年是「十五五」開局之年，工信部將聚焦四大重點發力：推動大灣區納入相關產業「十五五」規劃，促進香港服務業與內地制造業融合；依托「人工智能+制造」行動搭建科創平台，培育新質生產力；擴大香港品牌征集，推動兩地名品協同出海；活化傳統經典產業，借香港優勢傳播中華文化。後續將持續完善合作機制，推動兩地產業協同升級，為制造強國和民族覆興賦能。緊接舉行的「專題研討（一）兩會智慧：國家所需 香港所長」專題研討中，全國政協委員、香港科技園公司主席查毅超；華泰金融控股（香港）有限公司首席執行官王磊，以及香港「一國兩制」研究中心研究總監方舟，分別從科研人才、科技工業、金融及政制等方面，探討如何鞏固提升香港「背靠祖國、聯通世界」的獨特優勢，加快建設國際創新科技中心，打造國際高端人才集聚高地，以香港所長服務國家所需。「專題研討（二）港商機遇：融入發展 企業所為」則聚焦人工智能、醫療健康、工業、商業及內銷等範疇，由商湯科技聯合創始人、董事長兼首席執行官徐立；新風天域集團聯合創始人兼首席執行官吳啟楠，以及永新光學股份有限公司副董事長、溢倡資本創始人兼董事長曹志欣擔任演講嘉賓，從企業角度，探討香港與內地如何在科技、醫療、金融、產業等領域加強合作，在十五五期間，在各自的賽道上前瞻布局，實現高質量發展。香港特別行政區政府早前成立內地企業出海專班，香港貿發局作為專班的核心成員，在律政司副司長及其他專班成員的支持下，建立香港跨界別專業服務平台，匯聚來自金融、法律、會計、物流、檢測及認證等的香港服務提供商。香港貿發局正與出海專班各成員開展一系列工作，合力為內地企業經香港出海提供一站式支持服務。圖片下載：https://bit.ly/4sOEC1n由香港貿發局及中國香港（地區）商會合辦的「國家新發展 香港新機遇 十五五開局研討會」在北京舉行，共吸引超過500名內地港商及有意赴港的內地企業出席。香港貿發局主席馬時亨教授致歡迎辭。中國香港（地區）商會會長楊莉珊致歡迎辭。香港特別行政區政府財政司司長陳茂波發表主旨演講。商務部黨組成員、部長助理袁曉明發表特別致辭。工業和信息化部消費品工業司司長何亞瓊發言。「專題研討（一）兩會智慧：國家所需 香港所長」的演講嘉賓包括全國政協委員、香港科技園公司主席查毅超（左二）；華泰金融控股（香港）有限公司首席執行官王磊（右二），以及香港「一國兩制」研究中心研究總監方舟（右一），探討如何鞏固提升香港「背靠祖國、聯通世界」的獨特優勢，加快建設國際創新科技中心，打造國際高端人才集聚高地，以香港所長服務國家所需。「專題研討（二）港商機遇：融入發展 企業所為」請來商湯科技聯合創始人、董事長兼首席執行官徐立（左二）；新風天域集團聯合創始人兼首席執行官吳啟楠（右二），以及永新光學股份有限公司副董事長、溢倡資本創始人兼董事長曹志欣（右一），探討香港與內地如何在科技與醫療等領域加強合作，深化產學研創新協同。傳媒查詢新聞界如有查詢，請聯絡：香港貿易發展局傳訊及公共事務部：徐俊逸電話：(852) 2584 4395電郵：johnny.cy.tsui@hktdc.org何森源電話：(852) 2584 4569電郵：sam.sy.ho@hktdc.org香港貿易發展局簡介香港貿易發展局(香港貿發局)是於1966年成立的法定機構，負責促進、協助和發展香港貿易。香港貿發局在世界各地設有超過50個辦事處，其中13個設於中國內地，致力推廣本港作為雙向環球投資及商業樞紐。香港貿發局通過舉辦國際展覽會、會議及商貿考察團，為企業(尤其是中小企)開拓內地和環球市場的機遇。香港貿發局亦通過研究報告和數碼資訊平台，提供最新的市場分析和產品資訊。有關香港貿發局的其他資訊，請瀏覽www.hktdc.com/aboutus/tc。 Copyright 2026 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com

香港, 2026年3月20日 - (亞太商訊 via SeaPRwire.com) - 北京同仁堂醫養投資股份有限公司（下稱"同仁堂醫養"）今日啟動招股，中金公司擔任獨家保薦人，擬全球發售1.08億股H股，其中香港公開發售占約10%，國際發售占約90%，另有15%超額配股權。每股發售價7.3-8.3港元，每手500股，一手入場費4191.85港元，預期H股將於2026年3月30日(星期一)上午九時正在聯交所開始買賣。作為同仁堂集團旗下專注中醫醫療服務的核心版塊，公司依托百年老字號品牌底蘊、分級醫療服務網絡與標准化運營能力，已在國內非公立中醫醫療服務領域占據龍頭地位。根據弗若斯特沙利文數據，按2024年總門診及住院人次統計，同仁堂醫養位居中國非公立中醫院醫療服務行業第一。本次同仁堂醫養港股上市，不僅是同仁堂集團戰略布局中醫醫療服務的重要裏程碑，更為市場又打開了一扇參與萬億級中醫醫療健康賽道增長紅利的窗口。行業風口：中醫醫療服務步入"黃金十年"中國中醫醫療服務市場正處於快速擴容期。根據弗若斯特沙利文數據，2024年市場規模已達10,016億元，預計到2029年將增長至16,205億元，複合年增長率達9.9%。這一增速不僅高於整體醫療服務行業，更遠超GDP增長率，展現出強勁的結構性增長動能。三大核心驅動力將持續鞭策行業發展。驅動力一：人口結構變化帶來剛性需求。中國60歲以上人口已超3億，老齡化率持續攀升。中醫在慢性病管理、康複理療、養生保健等領域具有獨特優勢，老齡化直接推動中醫服務需求增長。慢性病患病率攀升疊加全民健康意識覺醒，為中醫藥服務需求的釋放提供了持久動力。驅動力二：政策紅利持續釋放。"十四五"規劃明確將中醫藥傳承創新列為重點發展方向，各級政府對社會辦中醫的支持力度不斷加大。從醫保覆蓋面擴大到中醫診療項目納入基本醫療保險，政策環境為中醫醫療服務企業提供了堅實的制度保障。值得關注的是，政策的持續性和穩定性恰恰是這一賽道的安全邊際所在。 與部分受"集采"政策沖擊的細分賽道不同，中醫醫療服務以技術服務和人力資源為核心，受藥品集采影響極小。同時，國家對中醫藥的政策支持具有高度的戰略持續性--從"十二五"到"十四五"，扶持力度逐期遞增而非收縮，這為行業長期發展提供了罕見的政策確定性。驅動力三：消費升級與健康意識覺醒。新一代消費者對"治未病"、"提前養生"、"中醫哲學"等理念的接受度顯著提升，中醫健康管理從"銀發經濟"向全年齡段、日常化服務場景不斷延伸，中醫藥消費群體正在快速崛起。行業高度分散，龍頭整合空間巨大盡管市場規模已達萬億，但中國中醫醫療服務行業的集中度極低。行業排名第一的同仁堂醫養市場份額僅為1.7%，前五大企業合計市占率不足5%。高度分散的市場格局，意味著具備品牌優勢和規模化運營能力的龍頭企業，正迎來加速整合的曆史性窗口期。對於投資者而言，同仁堂醫養具備多重核心價值。首當其沖的便是品牌壁壘，"同仁堂"，350年悠久的中醫品牌，第一批中華老字號，業務遍及中醫藥全鏈條產業。根據信息披露，同仁堂醫養推廣費用率僅0.2%，遠低於行業平均水平，可見品牌號召力顯著，獲客成本優勢明顯。對標發達市場醫療服務行業的整合路徑，行業龍頭從低個位數市占率向雙位數躍升的過程，往往是投資回報最為豐厚的階段。同仁堂醫養憑借品牌壁壘、標准化運營體系和充裕的並購資源，有望成為這一整合進程的主導者。獨特的分級診療生態，構建核心競爭力同仁堂醫養並非傳統意義上的單一醫院集團，其構建了獨特"分級診療"生態，商業模式的核心競爭力在於線上線下協同的分級醫療網絡。該網絡由三大層級構成：- 連鎖醫院層： 以自有醫院為核心，集中最優質的醫師資源和專科能力，提供綜合疾病、疑難重症的精細化診療。截至2025年9月，其擁有15家線下醫院，打造心病科、腦病科、內分泌科、婦科、兒科、腫瘤科及非藥物治療等中醫優勢專科。- 基層醫療機構層： 深入社區，滿足常見病、慢性病管理和日常健康需求，為上層醫院提供客流入口和持續的服務粘性。截至2025年9月，其擁有9家基層醫療機構，提供社區醫療。- 互聯網醫院層： 服務範圍覆蓋全國的線上平臺，提供複診、健康咨詢、藥物配送等便捷服務，實現名醫資源的全國化供給。2025年前三季度互聯網醫院就診人次達23.42萬人次。"分級診療+連鎖化經營"模式已成為行業中的標杆，其可複制性已經過驗證： 通過輕資產自建醫院、收並購醫療機構、公立醫院輸出管理等方式，分級網絡整合成效顯現，區域擴張加速推進。公司匯聚2,732名執業醫師，其中國家級榮譽醫師30名，形成多學科協同診療體系。憑借標准化管理體系、供應鏈協同平臺與雲HIS、BIS數字化系統，實現醫療質量、運營效率、成本管控的標准化複制，為連鎖化擴張奠定了堅實的基礎設施底座。所有已開業自有醫療機構均為醫保定點機構，會員累計人數從2022年末43.6萬人增至2025年9月末76.7萬人，複合增長率超30%，客戶基礎持續夯實。其業務覆蓋中醫醫療服務、機構管理服務、健康產品銷售三大板塊，憑借全鏈條、多層次的健康服務供給能力，牢牢占據中醫醫療服務市場的先機。業績印證：營收穩步增長，盈利能力持續改善不僅如此，同仁堂醫養亮眼的經營業績，也印證其不可小覷的成長潛力。財務數據顯示，公司營收規模穩步攀升，2022-2024年營業收入分別為9.11億元、11.53億元、11.75億元，2025年前三季度達8.58億元，保持穩健增長態勢。另一方面，公司盈利能力持續改善，2022年實現扭虧為盈，2023-2024年淨利潤分別為4263萬元、4620萬元，2025年前三季度淨利潤2400萬元；經調整淨利潤由2023年4787萬元增至2024年6173萬元，盈利質量顯著提升。整體毛利率維持在17%-19%區間，管理服務毛利率超70%，展現出良好的盈利結構與成本控制能力。值得關注的一個積極信號是， 公司的期間費用率從2022年的17.1%持續下降至2025年前三季度的13.6%，下降了3.47個百分點。這意味著，隨著規模效應的釋放和運營效率的提升，公司的盈利彈性正在加速顯現--即便毛利率維持穩定，淨利率仍將有顯著的提升空間。科技賦能：AI+中醫打開成長新空間2025年8月，同仁堂股份聯合小米推出"同仁堂養生館"AI智能中醫藥健康服務智能體，以自然語言交互提供個性化養生建議、用藥指導與節氣調養方案，形成"咨詢-建議-服務-購藥"閉環。同仁堂集團已在中醫藥研發、中醫醫療服務等領域落地AI應用。背靠集團中醫藥知識圖譜與AI大模型技術底座，同仁堂醫養有望深度融合AI健康辨識、智能體質分析、數字化慢病管理、線上智能問診等能力，打通"線下診療+線上服務+健康管理"全鏈路。中醫行業亟待通過AI輔助診療、智能隨訪、數據化運營，進一步優化服務流程，為望聞問切診療模式注入科技動能。將AI數智化植入中醫診療環節，必將打開中醫醫療服務新興增長點。本次港股IPO募集資金，將重點用於公司擴充醫療服務網絡和提升醫療服務能力，進一步強化全國布局、升級專科能力、深化數字化運營，鞏固行業龍頭地位。中醫醫療服務的黃金時代已經到來，同仁堂醫養正以行業龍頭之姿，讓稀缺賽道企業從幕後走向公眾。轉載自第一財經 Copyright 2026 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com

香港, 2026年3月20日 - (亞太商訊 via SeaPRwire.com) - 由香港貿易發展局（香港貿發局）主辦的年度電子商貿與品牌營銷盛會MarketingPulse（亞洲品牌及營銷論壇）及eTailingPulse（亞洲電子商貿論壇）於香港會議展覽中心圓滿舉行，吸引來自22 個國家及地區的超過1,700名業內人士參與，一同探索品牌與企業如何在瞬息萬變的市場中重塑增長方程式。以創新驅動品牌發展香港貿發局總裁張淑芬於開幕致辭時表示：「隨着數碼科技迅速發展，電子商貿全面重塑市場格局，改變企業接觸消費者、交易及業務擴充模式。隨之而來的AI 驅動個人化體驗到社交電商，企業面對前所未有的變革，亦可從中發掘龐大機遇與增長。今屆論壇以 『Generate New Growth』為主題，協助業界以嶄新思維、創新科技及大膽策略，把握電商帶來的機遇，推動下一波發展。」電商專家分享人工智能應用最新趨勢MarketingPulse及eTailingPulse圍繞今屆主題「Generate New Growth」舉辦30場主題論壇，涵蓋「傑出品牌領袖視野」、「電商新航圖」、「營銷新趨勢 / 新市場潛力」、「社交媒體的成功之道」、「與名人對談系列」及「公關災難與機遇」等主題，以及一系列數碼營銷及電商工作坊，請來超過85位來自全球的電商專才、品牌領導人、營銷專家及創新企業代表，分析電商創新領域、環球營銷趨勢與消費新機遇，探討業界如何在快速變化的營銷環境中創造新增長。對於電子商貿的發展前景，現場多位電商專家都不約而同提到人工智能應用的重要性及最新趨勢。騰訊智慧零售時尚風尚行業總經理李洋指出：「人工智能重新定義數碼商務，妥善把人工智能融入企業架構中是能否取得成功的關鍵。它不會摧毀創造力，反而能夠激發創意，為消費者提供個人化的顧客體驗。」TikTok Shop美區跨境行業運營經理潘子墨表示，未來真正的競爭優勢不只在於能更快、更大量地生成內容，而在於能否有機結合編導思維、洞察產品優勢與情緒敘事能力。即時零售開創電商新航圖當今世代的消費者對便利與個人化的需求持續上升，推動品牌在電子營銷策略上加速轉型，精準數據與人工智能正重塑消費體驗。亞馬遜全球開店高級拓展運營經理張皓舒亦指全球化發展的下一階段，將更取決於品牌能否迅速精準洞察本地消費需求，並將數據洞察切實轉化為高質量增長推動力。阿里巴巴淘天集團副總裁仇亞童亦帶出品牌與商家如何以靈活商品策略、即時數碼營銷與速度導向，升級供應鏈、改善訂單履約過程，應對消費者追求「萬物即達」的新需要。而「洞徹東盟：跨境電商增長與市場滲透策略」環節探討進軍東盟的策略，由Lazada Group商業高級副總裁Luca Barni等講者分享拓展東盟市場的實戰經驗，為有意進軍東盟電商市場的企業提供實務指引。多個傑出品牌領袖分享精闢視野隨着消費市場轉趨體驗導向，「品味」與「感知」已成品牌競爭的必爭之地。品牌不僅傳遞產品價值，更塑造一種生活方式。「傑出品牌領袖視野」系列環節由前LVMH北美區主席Pauline Brown揭開序幕，以「美學智慧」為題，闡述如何以感官管理與設計思維提升品牌價值與體驗。她指出，「貧富差距、環境威脅，以及人工智能的崛起，使追求美學智慧變得更重要。人工智能提升效率之餘，消費者更在意品牌創造的多感官享受。只有人方能真正傳遞清晰且具說服力的願景，與顧客產生共鳴。」亞朵集團創辦人、首席執行官、首席用戶體驗官王海軍分享如何將生活體驗融入酒店與生活方式品牌的經營，從「住宿體驗」延伸至新零售，以生活觸感與用戶共鳴塑造品牌認同。王海軍認為，當服務與空間都能觸發情感共鳴，轉化帶來的客戶忠誠最具持久競爭力。他表示：「體驗經濟加快發展，情緒價值與口碑傳播愈見舉足輕重。體驗不僅是品牌突圍而出的關鍵，更是驅動可持續增長、累積長遠發展資本的重要根基。」隨着年輕世代逐漸成為新興消費主力，品牌與年輕族群的互動方式正被重新定義。韓國Olive Young首席營運官李鎭熙於演講中分享了品牌從本土旗艦邁向全球市場的成功經驗，展現這個美妝龍頭如何以無縫全渠道營運及數據驅動的營銷策略，憑藉科技帶領品牌建立國際競爭力。他表示：「為了讓品牌走向全球，建立一個結合數碼推廣與線下數據的營銷平台至關重要。我們透過整合實體門市與線上應用程式，建立了一個無縫的全渠道生態系統，提供即時更新產品庫存與促銷資訊，持續迎合顧客的生活方式與需求。」全方位塑造令顧客印象深刻的購物體驗，進一步提升營銷成效並強化品牌長期影響力，一直是大型國際品牌的成功之道。YSL Beauty（聖羅蘭美妝）全球零售設計總監Krzysztof Andrzej Kowal在「當空間設計說故事：從視覺語言到感官體驗打造國際品牌舞台」的環節，分享如何以「設計×故事×情感」將實體零售空間打造成演繹品牌故事的最佳舞台。他表示：「為了與顧客建立情感連繫，實體門市應超越單純展示的角色，升級轉型為創造體驗和生成內容的基地，創造真實而多感官的互動時刻。透過融合Y2K與懷舊等當下潮流元素，我們在保留品牌文化的同時，亦根據新潮流塑造品牌此時此刻的面貌。」創意社交媒體內容驅動品牌共鳴面對內容過剩與算法主導的年代，品牌與創作人須以真誠和故事力量重建情感連結。今年論壇從影視、社交媒體與創作角度出發，探討如何以具共鳴的文化內容打動觀眾、強化品牌價值。藝人及「Threads管理員」吳肇軒與Meta創意策略總監郭美琳於「Threads 效應及經營之道」對談中，全面拆解「流量密碼」。 延續創意主題，「與名人對談系列」邀請演員及唱作歌手張繼聰分享創作歷程與突破契機，從音樂到影像演出，闡述堅持初心與真誠表達的重要性，啟發品牌與創作者共同建構有溫度的內容。內容創作者及 MUSE TV 創辦人馬天佑亦分享如何巧妙在社交媒體運用突破的推廣方法宣傳音樂作品，吸引大眾留下深刻印象。隨著人工智能逐漸滲透至營銷及設計界各個層面，創意思維面對前所未有的衝擊。屢獲殊榮的創意之士，包括來自愛爾蘭，Droga5集團創意總監Stephen Rogers等在「創意與人工智能：人類與人工思維的對決」環節透視人類想像力與智能科技之間是競合共贏而非只能爭長競短，行業先驅亦分享如何巧妙掌握人類直覺與人工智能之間不斷變化的分野。實戰分享與商貿對接 推動跨界合作除了論壇和InnoTalks，現場亦新設「e‑Commerce Connect」，匯聚近30家本地及國際參展商，展示最新一站式電商解決方案。同場舉辦了多場 AI 數碼營銷及電子商貿工作坊，由業界專家分享 AI 導入策略、跨境市場操作及品牌影響力升級技巧，讓與會品牌獲取實戰經驗。大會設多場交流活動，並為與會人士和展商安排超過 170場一對一商貿配對服務。歌手吳業坤亦出席了現場音樂表演。業界廣泛支持 共同推動行業發展本屆 MarketingPulse 及 eTailingPulse 獲得多個機構及業界組織支持，包括香港廣告商會、香港電商協會、香港電商聯會、香港直播電商聯會、香港公共關係專業人員協會、IAB Hong Kong、PRHK等，為與會者提供寶貴的市場資訊及獨到見解。論壇精彩內容一個月內隨時網上重溫MarketingPulse 及 eTailingPulse 線上回播通行證由今天（3月20日）起開放至 4 月 19日。業界可於這段時間繼續善用平台的多項功能，並重溫各項活動的內容。相關網頁MarketingPulse 網頁：https://marketingpulse.hktdc.com/conference/mp/tceTailingPulse 網頁：https://etailingpulse.hktdc.com/conference/etp/tc香港國際影視展及EntertainmentPulse：https://hkfilmart.hktdc.com/conference/hkfilmart/tc圖片下載：https://bit.ly/4sVaOAg香港貿發局總裁張淑芬致歡迎辭時表示，今屆論壇以「Generate New Growth」為主題，協助業界以嶄新思維、創新科技及大膽策略，把握電商帶來的機遇。MarketingPulse 及 eTailingPulse吸引來自22 個國家及地區逾 1,700 名業內人士參與。前LVMH北美區主席及《Aesthetic Intelligence》作者Pauline Brown（右）闡述如何以感官管理與設計思維提升品牌價值與體驗。亞朵集團創辦人、首席執行官、首席用戶體驗官王海軍分享如何將文化美學融入酒店與生活方式品牌的經營。韓國Olive Young首席營運官李鎭熙展現K‑Beauty如何憑敏捷營運與趨勢策展以科技帶領品牌建立國際競爭力。YSL Beauty（聖羅蘭美妝）全球零售設計總監Krzysztof Andrzej Kowal帶出如何全方位塑造令顧客印象深刻及難以忘懷的購物體驗。Maximum Effort品牌主管John Deschner（右）分享如何將負面話題重新包裝為具創意與溫度的品牌故事。MarketingPulse 及 eTailingPulse現場設立「e‑Commerce Connect」，匯聚近30家本地及國際參展商，展示最新一站式電商解決方案。傳媒查詢新聞界如有查詢，請聯絡言十公關公司：劉碧思電話：(852) 6187 7786電郵：molisalau@raconteur.hk謝媛彰電話：(852) 9742 7338電郵：betsytse@raconteur.hk 香港貿發局傳訊及公共事務部：劉茸電話：(852) 2584 4472電郵：clayton.y.lauw@hktdc.org香港貿發局新聞中心︰http://mediaroom.hktdc.com/tc香港貿易發展局簡介香港貿易發展局(香港貿發局)是於1966年成立的法定機構，負責促進、協助和發展香港貿易。香港貿發局在世界各地設有超過50個辦事處，其中13個設於中國內地，致力推廣本港作為雙向環球投資及商業樞紐。香港貿發局通過舉辦國際展覽會、會議及商貿考察團，為企業(尤其是中小企)開拓內地和環球市場的機遇。香港貿發局亦通過研究報告和數碼資訊平台，提供最新的市場分析和產品資訊。有關香港貿發局的其他資訊，請瀏覽www.hktdc.com/aboutus/tc。 Copyright 2026 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com

香港, 2026年3月20日 - (亞太商訊 via SeaPRwire.com) - 踏入2026年首季，全球鋁業市場正經歷一場深刻的結構性變革。隨著中東地緣局勢再度波及霍爾木茲海峽這一能源與金屬運輸要道，倫敦金屬交易所（LME）鋁價於3月中旬一度衝破每噸3,500美元大關，刷新近四年來高位。在宏觀經濟復甦與各大產業領域對鋁材需求激增的背景下，行業供給側卻因能源成本波動與產能限制而顯現緊平衡。冶煉企業若能在高成本環境下保住利潤空間，即能突顯其投資回報潛力。市場目光正轉向擁有全球一體化產業部署的領先企業。在此背景下，創新實業（02788.HK）公佈的2025年全年業績展現出極強的韌性與擴張動能。截至2025年12月底，公司錄得收入約人民幣186.81億元，較去年同期增加23.2%；歸母淨利潤更達人民幣27.31億元，顯著增長32.8%；每股收益約為人民幣1.75元，較去年同期增加27.7%。亮麗數據的背後，是其「能源—氧化鋁精煉—電解鋁冶煉」一體化生態系統的成功實踐，實現了電力與氧化鋁的100%自給。尤為引人矚目的是公司的國際化戰略突破——沙特阿拉伯項目。該「沙特紅海鋁產業鏈綜合項目」位於沙特延布工業園區，規劃產出50萬噸電解鋁及50萬噸鋁產品。項目進展順利，2025年已完成各項合規手續及地勘、道路等前期工程。項目已陸續開工，建設期預計18至24個月。該項目不僅獲得了沙特公共投資基金的戰略支持，更憑藉紅海沿岸優越的港口和物流優勢，成為公司進軍歐洲、亞洲及非洲市場的橋頭堡。強勁的經營數據與宏觀佈局在資本市場引發了市場反響熱烈。創新實業股價近期表現也勢如破竹，3月9日至3月12日已錄得連續4天向上，累計漲幅突破三成，反映投資者對其的高度期待。更具里程碑意義的是，恒生指數公司早前宣佈將創新實業納入恒生綜合指數成份股，並已於2026年3月9日正式生效。這不僅意味著公司正式獲取港股通交易資格，吸引更多南下資金流入，更標誌著其市值規模與流動性獲得國際主流評價體系的公認。市場看好公司國內低成本產能+未來沙特產能的盈利能力和成長性，分析認為，公司已從單一產能擴張轉向「全球資源配資」的高質量成長階段。展望未來，在全球不確定性加劇的環境下，創新實業憑藉穩健財務結構與前瞻性國際佈局，已構築堅實的盈利護城河。同時，公司加速推進綠色轉型，風力發電站及太陽能發電站建成後綠色能源使用佔比將超過50%，持續降低碳足跡，以契合全球供應鏈低碳化趨勢。在沙特「2030願景」與中國「一帶一路」倡議交匯之下，公司以沙特項目為核心抓手，有望在能源成本優勢與新增產能釋放的雙輪驅動下，實現長期可持續增長。 Copyright 2026 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, March 20, 2026 - (ACN Newswire via SeaPRwire.com) – Organised by the Hong Kong Trade Development Council (HKTDC), MarketingPulse and eTailingPulse successfully concluded at the Hong Kong Convention and Exhibition Centre (HKCEC). The premier annual e-commerce and brand marketing events drew a vibrant crowd of more than 1,700 industry professionals from 22 countries and regions, who gathered in Hong Kong to navigate the ever-evolving marketing landscape and redefine the blueprint for business growth.Driving brand evolution through innovationWelcoming delegates to the conferences, Sophia Chong, Executive Director of the HKTDC, said: "Rapid advances in digital technologies are allowing e-commerce to reshape the market landscape, transforming how businesses reach consumers, transact and scale. From AI-driven personalisation to social commerce, the pace of change is unprecedented, and with this change comes significant opportunity. The theme for this year’s events, "Generate New Growth", challenges us to seize these opportunities by exploring how fresh ideas, new technologies and bold strategies can power the next wave of momentum."E-commerce experts unpack the latest AI trendsThis year’s MarketingPulse and eTailingPulse staged 30 thematic sessions, with a comprehensive agenda exploring topics including "Growth leaders", "E-commerce new horizons", "Cutting edge marketing dynamics/new market potential", " Social media best practices", the "Meet the celebrity dialogue series”, and "PR disasters and opportunities", complemented by a series of digital marketing and e-commerce workshops. More than 85 esteemed e-commerce pioneers, brand leaders, marketing experts and innovative entrepreneurs from around the globe were invited to dissect the latest e-commerce innovations, global marketing trends and consumer opportunities, exploring how to cultivate new growth in a rapidly shifting marketing ecosystem.When discussing the development and outlook for e-commerce, multiple industry experts at the conferences highlighted the importance of artificial intelligence (AI) applications and its latest trends. Terry Li, Vertical General Manager of Smart Retail, Tencent, noted that “AI is redefining digital commerce, and integrating AI into enterprise architecture properly is key to success. It will not destroy creativity; instead, it can inspire creativity and enable personalised customer experiences.” Bruce Pan, Cross-border Industry Operations Manager of TikTok Shop US, added that the real competitive edge will lie not in generating more content faster, but in combining creative direction, understanding the competitive edges of products and emotional storytelling.Quick commerce charts a new course for e-commerceToday's consumers have an insatiable appetite for convenience and personalisation, compelling brands to accelerate the transformation of their e-marketing strategies. Precision data and AI are fundamentally rewiring consumer experiences. Patrick Zhang, Senior BD Manager of Amazon Global Selling, pointed out that the next phase of globalisation will be defined by how quickly and accurately brands can understand local consumer needs and translate data insights into high-quality growth. Yatong Qiu, Vice President of Taobao & Tmall Group, Alibaba, highlighted how brands and merchants can deploy agile merchandising strategies, real-time digital marketing and speed-oriented approaches to upgrade supply chains and streamline order fulfilment, catering to the modern consumer's desire for "everything, instantly". And the "Decoding the Gateway to ASEAN: Cross Border Growth and Market Entry Strategies" session explored tactics for entering the ASEAN market. Speakers including Luca Barni, SVP, Commercial at Lazada Group, shared battle-tested experiences, providing a practical compass for enterprises eyeing ASEAN e-tailing expansion.Visionary insights from distinguished brand leadersAs the consumer market pivots towards experience-driven models, "taste" and "perception" have become the ultimate battlegrounds for brand competitiveness. Brands are no longer merely delivering product value; they are curating a lifestyle. The "Growth leaders" series at MarketingPulse was inaugurated by Pauline Brown, former Chairman of LVMH North America, who delivered a presentation address on “Aesthetic Intelligence”, illustrating how sensory management and design thinking can elevate brand value and customer experience. “Economic inequality, environmental threats, and the rise of AI make the pursuit of aesthetic intelligence more important than ever,” Ms Brown said. “While AI enhances efficiency, consumers care about brands creating authentic sensory pleasure. Only people can truly convey a clear, well-articulated vision that resonates with customers.”Haijun Wang, Founder, Chief Executive Officer & Chief Experience Officer of Atour Lifestyle Holdings, shared his philosophy on weaving lifestyle experiences into hotel and lifestyle brand management. By extending the "accommodation experience" into new retail, he demonstrated how to forge brand identity through lifestyle sensibilities and customer resonance. Mr Wang believes that when both service and space strike an emotional chord, the resulting customer loyalty offers an enduring competitive edge. "In the experience economy, emotional value and authentic customer advocacy are becoming more important, making experience not only a point of differentiation, but also a source of sustainable brand growth and long-term development potential,” he said.As younger generations emerge as the dominant consumer force, the dynamic between brands and youth demographics is being entirely redefined. JinHee Lee, Chief Operating Officer of South Korea's Olive Young, shared the brand's triumphant journey from local flagship to a global powerhouse. He showcased how this Korean beauty titan leverages seamless omnichannel operations and data-driven marketing strategies, using technology as a compass to build international competitiveness. “In order for a beauty brand to go global, it’s essential to develop a marketing platform that combines digital promotion and offline data,” he explained. “By integrating physical stores with online apps, we have built a seamless omnichannel ecosystem that continuously adapts to our customers’ lifestyles and needs. providing real time updates on product stock and promotions.”Crafting an immersive and unforgettable shopping experience to amplify marketing efficacy and fortify long-term brand influence has always been the golden rule for major international brands. Krzysztof Andrzej Kowal, Global Retail Design Director at YSL Beauty, L'Oréal Luxe, took the stage in the session "The Poetics of Branding: Weaving Story, Design, and Emotion into Iconic Narratives". He shared how to transform physical retail spaces into the ultimate storytelling canvas through the alchemy of "Design × Story × Emotion". He said that to build emotional connections with customers, “physical stores should transcend showcase roles to become temples of experience and content factories that generate authentic and multi-sensory moments. By blending current trends like Y2K and nostalgia, we build up our persona based on new trends while maintaining our brand culture. At the same time, we maintain a cohesive global identity while adapting to local cultures.”Creative social content ignites brand resonanceIn an era saturated with content and dictated by algorithms, brands and creators must rebuild emotional bridges through authenticity and the power of storytelling. This year's conferences approached the subject through the lenses of film, television, social media and content creation, exploring how culturally resonant content can captivate audiences and amplify brand value.Actor and "Threads Admin" Ng Siu-hin joined forces with Kenie Kwok, Creative Strategy Lead at Meta, in the dialogue "Threads for Consumer and Audience Engagement", comprehensively decoding the "traffic matrix" for the platform. Continuing the creative thread, the "Meet the celebrity dialogue series” invited actor and singer-songwriter Louis Cheung to share his creative odyssey and breakthrough moments. Spanning music to on-screen performances, Louis underscored the importance of staying true to one's original aspirations and authentic expression, inspiring brands and creators to co-create content with genuine warmth. Meanwhile, content creator and MUSE TV founder Mayao shared his ingenious use of disruptive social media promotional tactics to market music and content, leaving an indelible mark on the public consciousness.As AI permeates every aspect of the marketing and design sectors, creative thinking faces an unprecedented paradigm shift. Award-winning creative minds, including Stephen Rogers, Group Creative Director at Droga5 from Ireland, explored this dynamic in the session "Creativity & AI: Human vs Artificial Mind". The speakers revealed that human imagination and intelligent technology are engaged in a symbiotic dance rather than a zero-sum game, with industry pioneers sharing how to masterfully navigate the shifting boundaries between human intuition and AI.Practical insights and business matchmaking foster cross-sector synergyBeyond the main forums and InnoTalks series, the events introduced a new feature, “e-Commerce Connect”, that brought together nearly 30 local and international exhibitors to showcase the latest one-stop e-commerce solutions. A series of digital marketing and e-tailing workshops was also held, at which industry experts imparted strategies for AI integration, cross-border market navigation, and brand influence elevation, arming participating brands with actionable intelligence. The organiser curated multiple networking events and arranged more than 170 one-on-one business matchmaking sessions for attendees and exhibitors. In addition, singer James Ng graced the event with a live performance during the conferences’ Happy Hour session.Widespread industry support drives sector advancementThis year's MarketingPulse and eTailingPulse received robust support from numerous organisations and industry bodies, including the Association of Accredited Advertising Agencies of Hong Kong (HK4As), the Hong Kong Internet & Ecommerce Association, the Hong Kong Federation of E-Commerce (HKFEC), the Hong Kong Live E-Commerce Association, the Hong Kong Public Relations Professionals’ Association, IAB Hong Kong and PRHK, providing attendees with invaluable market intelligence and unique perspectives.Forum highlights available via Video on Demand for one monthThe Video on Demand pass for MarketingPulse and eTailingPulse is available from today, 20 March, until 19 April. Industry professionals are encouraged to leverage the platform's versatile features during this period to revisit the wealth of insights shared across the events.Related websites- MarketingPulse website: https://marketingpulse.hktdc.com/conference/mp/en- eTailingPulse website: https://etailingpulse.hktdc.com/conference/etp/en- Hong Kong International Film & TV Market (FILMART) and EntertainmentPulse:https://hkfilmart.hktdc.com/conference/hkfilmart/enPhoto download: https://bit.ly/4sVaOAgHKTDC Executive Director Sophia Chong delivered the welcome remarks. She said the theme for this year’s events, "Generate New Growth", challenged us to seize these opportunities by exploring how fresh ideas, new technologies and bold strategies can power the next wave of momentumMarketingPulse and eTailingPulse attracted more than 1,700 industry professionals from 22 countries and regionsPauline Brown (right), former Chairman of LVMH North America and author of Aesthetic Intelligence, illustrated how sensory management and design thinking can elevate brand value and the customer experienceHaijun Wang, Founder, Chief Executive Officer & Chief Experience Officer of Atour Lifestyle Holdings, shared how to seamlessly weave cultural aesthetics into the management of hotel and lifestyle brandsJinHee Lee, Chief Operating Officer of Olive Young, showcased how Korean beauty leverages agile operations and trend curation, using technology to build international competitivenessKrzysztof Andrzej Kowal, Global Retail Design Director at YSL Beauty, L'Oréal Luxe, highlighted how to craft an immersive and unforgettable shopping experienceJohn Deschner (right), Head of Brand at Maximum Effort, shared how to masterfully repackage negative reactions into creative and heartwarming brand storiesMarketingPulse and eTailingPulse introduced a new feature, “e-Commerce Connect”, bringing together close to 30 local and international exhibitors to showcase the latest one-stop e-commerce solutionsMedia enquiriesFor enquiries, please contact:Raconteur PR Agency:Betsy TseTel: (852) 9742 7338Email: betsytse@raconteur.hkMolisa LauTel: (852) 6187 7786Email: molisalau@raconteur.hkHKTDC Communication and Public Affairs Department:Clayton LauwTel: (852) 2584 4472Email: clayton.y.lauw@hktdc.orgHKTDC Newsroom: http://mediaroom.hktdc.com/enAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Mar 20, 2026 - (ACN Newswire via SeaPRwire.com) - Recently, the robot sector has garnered increasing attention, with humanoid robots and embodied AI becoming a primary focus in the capital markets. As a leading enterprise in this field, Unitree Robotics has gradually become a key benchmark for the market’s pricing of the robotics industry due to its technological progress, product iterations, brand popularity, and capitalization process. In this context, Shoucheng Holdings (0697.HK) is being increasingly viewed by the market as a "Unitree Robotics concept stock" supported by industrial logic, owing to its investment in Unitree and its continuous layout across the robotics industry chain.It is worth noting that Shoucheng Holdings participates as more than just a financial investor. In fact, as a platform-based enterprise, Shoucheng Holdings possesses multiple capabilities, including industrial investment, scenario resources, operational expertise, and ecological synergy. Its relationship with Unitree Robotics extends beyond the capital level and may expand into scenario implementation, business synergy, and industrial empowerment in the future. This is a key factor that distinguishes it from typical concept stocks.Shoucheng Holdings’ investment in Unitree Robotics is not only a capital participation but also an effort to drive the commercialization of leading robotics companies through its own platform resources, thereby amplifying its own value within the industry chain. Market analysts believe that this "Investment + Scenario + Service + Ecosystem" model offers greater scalability than single equity investments and helps provide sustained valuation support.From a capital market perspective, Shoucheng Holdings currently possesses multiple pricing logics:Thematic Investment Logic: Analysts believe that Unitree Robotics, as a high-profile company in the robotics track, may generate a "spillover effect" on related listed companies through its brand influence and capitalization progress. In an environment of high sector activity and rising market risk appetite, this factor is expected to draw market attention to Shoucheng Holdings.Platform-Based Revaluation Logic: Some analysts point out that if Shoucheng Holdings continues to disclose progress in scenario cooperation and commercial projects with Unitree and other robotics firms, its pricing logic may shift from "concept mapping" to a "robotics industry platform." This means its valuation anchor will no longer be limited to single-project investment returns but will rely on its ability to build a scarce robotics platform asset in the Hong Kong stock market.Performance Realization and Exit Return Logic: Capital market judgment ultimately returns to the ability to deliver results. With 2026 regarded as a critical year for the industrialization and capitalization of humanoid robots, Shoucheng Holdings' robotics investment portfolio is expected to enter a "harvest period," driving its valuation system from being purely expectation-driven to being driven by both expectations and performance.According to information previously disclosed by management, approximately four portfolio companies, including Unitree Robotics, are expected to initiate the IPO process in 2026. If these projects successfully enter the IPO stage, Shoucheng Holdings will not only realize capital returns but also strengthen its influence and platform status in the robotics field. Its future value will stem from a complete value loop: IPOs of invested projects, valuation increases, the release of exit returns, and deepened industrial synergy.The market is widely watching how Shoucheng Holdings' financial performance may be further enhanced as star projects like Unitree Robotics see valuation increases and as investment portfolios enter potential realization periods. Analysts suggest that if the company releases positive signals in both financial reports and capital operations, its valuation logic may upgrade from concept mapping to "performance-driven platform revaluation."Overall, the definition of Shoucheng Holdings as a "Unitree Robotics concept stock" is based on actual industrial layout and ecological capabilities rather than simple thematic association. In the short term, the company serves as a vehicle for the spillover of Unitree’s popularity; in the medium term, it may benefit from the overall valuation rise of the robotics sector; and in the long term, its value anchor is expected to evolve into an asset with both industrial platform attributes and performance realization capabilities.Industry analysis suggests that as the capitalization expectations of portfolio companies like Unitree Robotics heat up, Shoucheng Holdings is poised to benefit from the dual feedback of asset revaluation and earnings growth. Driven by these factors, the company’s growth potential and valuation elasticity are well-positioned for release. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

香港, 2026年3月20日 - (亞太商訊 via SeaPRwire.com) - 近期，機器人板塊關注度持續上升，尤其是人形機器人與具身智能領域，已成為資本市場的重要方向之一。作為該賽道中的頭部企業，宇樹科技憑藉其技術進展、產品迭代、品牌熱度及資本化進程，逐步成為市場對機器人產業定價的重要參照標的。在此背景下，首程控股（0697.HK）因其對宇樹科技的投資，以及在機器人產業鏈上的持續布局，逐漸被市場視為具備產業邏輯支撐的「宇樹科技概念股」。值得關注的是，首程控股並非僅以財務投資者身份參與其中。事實上，公司具備產業投資、場景資源、運營能力及生態協同等多重能力，屬於平台型企業。其與宇樹科技的關係不僅限於資本層面，未來更有機會延伸至場景落地、業務協同與產業賦能等方面，這亦是其有別於一般概念股的關鍵所在。首程控股對宇樹科技的投資，不僅是一次資本參與，更有可能透過自身平台資源，推動頭部機器人企業的商業化進程，從而放大其在產業鏈中的自身價值。市場分析認為，這種「投資＋場景＋服務＋生態」模式，較單一股權投資具備更強延展性，有助形成持續的估值支撐。從資本市場角度來看，首程控股目前具備多重定價邏輯。首先是主題投資邏輯。市場分析人士認為，宇樹科技作為機器人賽道中備受關注的企業，其品牌影響力與資本化進程，或將對相關參股上市公司形成一定外溢效應。在機器人板塊整體活躍、市場風險偏好回升的背景下，該因素有望吸引市場對首程控股的關注。其次是平台型重估邏輯。有市場分析指出，若首程控股後續持續披露其與宇樹科技及其他機器人企業在場景合作、示範應用及商業項目等方面的協同進展，市場對其的定價邏輯或將由「概念映射」逐步轉向「機器人產業平台」。這意味著，其估值錨點將不再局限於單一項目的投資回報，而是依託投資、場景、服務與生態能力，逐步構建具稀缺性的港股機器人平台型資產。此外，首程控股亦具備業績兌現與退出回報邏輯。資本市場對價值的判斷，最終仍回歸兌現能力。隨著2026年被市場視為人形機器人產業化與資本化的重要節點，首程控股的機器人投資組合亦有望進入「收成期」，推動其估值體系由預期驅動，轉向預期與業績雙輪驅動。根據公司管理層此前披露的資料，預計包括宇樹科技在內約4家被投企業，或將於2026年啟動上市流程。若相關項目順利進入IPO階段，首程控股不僅有望實現資本回報，亦有機會進一步強化其於機器人領域的影響力與平台地位。這意味著，其未來價值錨點將不僅來自「參股明星企業」的題材效應，更會透過被投項目上市、估值提升、退出回報釋放，以及產業協同深化，形成更完整的價值閉環。市場普遍關注，隨著宇樹科技等明星項目估值提升、機器人相關業務落地，以及投資組合進入潛在兌現期，首程控股的財務表現或有望進一步增厚。分析人士指出，若後續公司在財報端與資本運作端同步釋放積極訊號，其估值邏輯或將逐步由概念映射升級為「業績兌現驅動下的平台重估」。整體來看，首程控股被市場定義為「宇樹科技概念股」，其背後並非單一題材聯想，而是基於其在機器人賽道的實際布局、與頭部企業的產業關聯，以及平台型生態能力所形成的綜合邏輯。短期而言，公司具備承接宇樹科技關注度外溢的主題屬性；中期或受惠於機器人板塊整體估值提升及被投項目資本化進程；長期若持續強化「投資＋場景＋服務＋生態」的平台能力，並將投資收益轉化為產業協同與經營成果，其價值錨點有望由概念映射升級為兼具產業平台屬性與業績兌現能力的資產。業內分析認為，伴隨宇樹科技等被投企業資本化預期升溫及上市進程推進，首程控股後續有望受惠於資產價值重估與業績增厚的雙重反饋。在此驅動下，公司的成長性與估值彈性具備較大的釋放潛力。 Copyright 2026 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com

香港, 2026年3月20日 - (亞太商訊 via SeaPRwire.com) - 在地緣政治局勢升溫、貿易聯盟重組與科技加速顛覆的背景下，全球企業領袖與投資者上週齊聚新加坡，參與由Hall Chadwick主辦的「美國資本高峰論壇：上市之道」（U.S. Capital Access Forum: the Art of an IPO），共同探討企業如何為全球資本形成的新時代重新定位。為期兩天的論壇於新加坡聖淘沙島嘉佩樂酒店舉行，匯集了企業高層、資本市場領袖與科技創新者，深入剖析資本市場、供應鏈、新興科技與國家經濟戰略之間日趨緊密的互動關係。與會者亦探討了地緣政治競爭、產業政策與供應鏈重組，如何重塑關鍵礦產、人工智能、數位資產與金融基建等領域的投資流向。論壇特邀The Trump Organization執行副總裁Donald Trump Jr.發表主題演講。他在演說中指出，全球日益意識到在供應鏈上策略性依賴的風險，強調國家與企業必須強化本土及盟友在關鍵產業的生產能力。他同時強調，資本市場正日益受到地緣政治與政策因素的影響，特別是在能源、科技與工業實力等領域。此外，論壇亦雲集多位業界重量級人物，包括Ivanhoe Mines創辦人兼聯席執行主席Robert Friedland、Nasdaq APAC主席Bob McCooey、Metals Acquisition Corp II主席Mick McMullen、Boroo Pte Ltd行政總裁Dulguun Erdenebaatar、Animoca Brands財務總裁Jared Shaw、Tashi Network行政總裁Amar Bedi、The Global CIO Office行政總裁Gary Dugan及Decidr.ai聯席行政總裁David Brudenell等。論壇期間，講者們剖析了資本市場、科技與地緣政治日趨融合的趨勢，並特別聚焦於全球企業如何在監管變化、供應鏈波動與新興科技顛覆的環境下，成功進軍美國資本市場。Hall Chadwick管理合伙人Richard Albarran在論壇開幕致辭時表示，全球投資格局正邁入新階段，資本准入、科技實力與地緣政治佈局三者之間的聯繫愈趨緊密。他指出：「我們正步入一個資本市場、關鍵資源與科技能力與國家經濟戰略深度交織的時代。此次論壇正是為了匯聚全球領袖，共同探討企業如何在日益複雜的地緣政治與投資環境下，成功對接美國資本市場。」Albarran透露，Hall Chadwick正積極協助多家企業推行國際資本策略，其中包括在論壇期間公布、涉及重大關鍵礦產與能源基建項目的交易。「供應鏈爭奪戰」成為論壇核心議題之一，與會者普遍認同，全球供應鏈的重組，以及能源轉型資源與關鍵礦產日益增長的戰略重要性，正成為經濟發展與國家安全的焦點。在題為「供應鏈爭奪戰」的專題研討中，Metals Acquisition Corp II主席Mick McMullen、Boroo Pte Ltd行政總裁Dulguun Erdenebaatar，聯同Controlled Thermal Resources行政總裁Rod Colwell及Critical Metals Corp行政總裁Tony Sage，分享了他們對在地緣競爭加劇下，確保戰略資源、強化下游加工能力及建構更具韌性供應鏈的迫切性的見解。資本市場領袖亦探討了環球交易所如何應對不斷演變的跨境上市趨勢，特別是企業尋求透過美國IPO（首次公開募股）和SPAC（特殊目的收購公司）架構來獲取國際資本。在題為「納斯達克未來活力：人工智能與機械人」的研討環節，Nasdaq APAC主席Bob McCooey分享道：「大多數企業傾向留在本土市場，但每年總有一些具備全球視野及抱負的公司選擇到國際上市。當它們作出這個決定時，我們相信納斯達克能為它們提供最強大的全球資本與流動性平台。」論壇議程還涵蓋了從數位資產與穩定幣的機構化整合，到人工智能在企業系統與資本市場基建中日漸吃重的角色。講者們強調，具備AI驅動的企業能力戰略意義日益凸顯，企業正致力發展能支持全球規模與韌性的主權科技基建。與會者在論壇期間持續討論投資者與企業如何在高度波動的環境中導航，並為下一階段的全球經濟增長做好準備。許多人指出，資本市場、地緣競爭、科技創新與產業政策之間的相互作用，很可能將定義未來十年的全球投資策略。論壇最後以一場前瞻性討論作結，聚焦企業與投資者如何適應由地緣競爭、供應鏈重組與科技加速變革所塑造的快速演變的全球格局。與會者普遍認為，能夠進入美國等深度且流動性高的資本市場，將繼續成為尋求全球擴張的企業的關鍵優勢；而新加坡等跨境樞紐，亦將在促進東西方資本流動方面持續發揮重要作用。是次論壇亦呼應了能源基建、關鍵礦產與全球資本市場日趨融合的趨勢。論壇期間，Controlled Thermal Resources (CTR) 宣布與Plum Acquisition Corp. IV達成業務合併建議，此舉將有助CTR推進其在加州的Hell's Kitchen地熱與關鍵礦產項目。Hall Chadwick在此交易中擔任CTR的獨家企業、財務及首席資本市場顧問。圖一：Hall Chadwick管理合伙人Richard Albarran於新加坡聖淘沙島嘉佩樂酒店舉行的「美國資本高峰論壇：上市之道」上致開幕辭。圖二： The Trump Organization執行副總裁Donald Trump Jr.於新加坡「美國資本高峰論壇」上發表題為「貿易、主權與資本重組」（Trade, Sovereignty & the Capital Reset）的主題演講。圖三： Ivanhoe Mines創辦人兼聯席執行主席Robert Friedland於「美國資本高峰論壇」上發表題為「銅時代的黎明」（The Dawn of the Copper Age）的主題演講。圖四： Nasdaq APAC主席Bob McCooey於「美國資本高峰論壇」的「納斯達克未來活力：人工智能與機械人」研討環節發言，並為論壇致閉幕詞。 圖五： 「美國資本高峰論壇」上的「供應鏈爭奪戰」專題研討環節。左起：主持人Lucy GreenleafACR行政總裁 Rod ColwellMetals Acquisition Corp II主席 Mick McMullenCritical Metals Corp行政總裁 Tony SageBoroo Pte Ltd行政總裁 Dulguun Erdenebaatar Copyright 2026 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, March 20, 2026 - (ACN Newswire via SeaPRwire.com) – Against a backdrop of rising geopolitical tension, shifting trade alliances and accelerating technological disruption, global corporate leaders and investors gathered in Singapore last week for Hall Chadwick’s U.S. Capital Access Forum: the Art of an IPO, exploring how companies are repositioning themselves for a new era of global capital formation.Held over two days at Capella Hotel, Sentosa Island, Singapore, the Forum convened senior executives, capital markets leaders and technology innovators to examine the evolving relationship between capital markets, supply chains, emerging technologies and national economic strategy.Participants also explored how geopolitical competition, industrial policy and supply-chain realignment are reshaping investment flows across sectors including critical minerals, artificial intelligence, digital assets and financial infrastructure.The Forum featured Donald Trump Jr., Executive Vice President of The Trump Organization, as keynote speaker. In his address, he discussed how the world is increasingly recognising the risks of strategic dependence within global supply chains and the need for nations and corporations to strengthen domestic and allied production capacity in critical sectors. He also emphasised that capital markets are increasingly shaped by geopolitical and policy considerations, particularly in areas such as energy, technology and industrial capability.The programme also brought together senior industry figures including Robert Friedland, Founder and Executive Co-Chairman of Ivanhoe Mines; Bob McCooey, Chairman of Nasdaq APAC; Mick McMullen, Chairman of Metals Acquisition Corp II; Dulguun Erdenebaatar, CEO of Boroo Pte Ltd; Jared Shaw, CFO of Animoca Brands; Amar Bedi, CEO of Tashi Network; Gary Dugan, CEO of The Global CIO Office; and David Brudenell, Co-CEO of Decidr.ai, and many more.Across the programme, speakers examined the growing convergence of capital markets, technology and geopolitics, with particular attention to how global companies can access U.S. capital markets while navigating regulatory shifts, supply-chain volatility and emerging technological disruption.Opening the Forum, Hall Chadwick Managing Partner Richard Albarran said the global investment landscape is entering a new phase in which capital access, technological capability and geopolitical positioning are increasingly intertwined.Richard Albarran, Managing Partner of Hall Chadwick, said: “We are entering a period where capital markets, critical resources and technological capability are becoming deeply intertwined with national economic strategy.This Forum was created to bring together global leaders to explore how companies can access U.S. capital markets while navigating an increasingly complex geopolitical and investment landscape.”Albarran noted that Hall Chadwick is actively supporting companies pursuing international capital strategies, including transactions announced during the Forum involving major critical minerals and energy infrastructure projects.A major theme across the Forum was the restructuring of global supply chains and the increasing strategic importance of energy transition resources and critical minerals, which are becoming central to both economic development and national security.During the panel discussion “The Supply Chain Scramble”, Mick McMullen, Chairman of Metals Acquisition Corp II, and Dulguun Erdenebaatar, Chief Executive Officer of Boroo Pte Ltd, joined Rod Colwell, CEO of Controlled Thermal Resources, and Tony Sage, CEO of Critical Metals Corp, to share their perspectives on the growing urgency of securing strategic resources, strengthening downstream processing capabilities and building more resilient supply chains amid rising geopolitical competition.Capital markets leaders also examined how global exchanges are adapting to evolving cross-border listing trends, particularly as companies explore U.S. IPO and SPAC structures to access international capital.Sharing at the panel discussion “Future Vibrancy on Nasdaq: AI & Robotics”, Bob McCooey, Chairman of Nasdaq APAC, said: “Most companies belong in their local markets, but every year a number of companies with global ambitions choose to list internationally. When they make that decision, we believe Nasdaq offers the strongest platform for global capital and liquidity.”Sessions also explored topics ranging from the institutional integration of digital assets and stablecoins, to the growing role of artificial intelligence in enterprise systems and capital markets infrastructure.Speakers highlighted the increasing strategic importance of AI-driven enterprise capability, with companies seeking to develop sovereign technology infrastructure capable of supporting global scale and resilience.Throughout the Forum, participants discussed how investors and corporations are navigating a period of heightened volatility while positioning themselves for the next phase of global economic growth.Many noted that the interplay between capital markets, geopolitical competition, technological innovation and industrial policy will likely define global investment strategies for the coming decade.The Forum concluded with a forward-looking discussion on how corporations and investors are adapting to a rapidly evolving global landscape shaped by geopolitical competition, supply-chain realignment and accelerating technological change. Participants noted that access to deep and liquid capital markets, particularly in the United States, will remain a critical advantage for companies seeking to scale globally, while cross-border hubs such as Singapore will continue to play an important role in facilitating capital flows between East and West.Reflecting the growing convergence between energy infrastructure, critical minerals and global capital markets, the Forum also coincided with the announcement of a proposed business combination between Controlled Thermal Resources (CTR) and Plum Acquisition Corp. IV, which would enable CTR to advance development of its Hell’s Kitchen geothermal and critical minerals project in California. Hall Chadwick is serving as exclusive corporate, financial and lead capital markets advisor to CTR on the transaction.Richard Albarran, Managing Partner, Hall Chadwick, delivers opening remarks at the U.S. Capital Access Forum: The Art of an IPO, held at Capella Hotel, Sentosa Island, Singapore.Donald Trump Jr., Executive Vice President, The Trump Organization, delivers the keynote address “Trade, Sovereignty & the Capital Reset” at the U.S. Capital Access Forum in Singapore.Robert Friedland, Founder and Executive Co-Chairman, Ivanhoe Mines, speaks during his keynote address “The Dawn of the Copper Age” at the U.S. Capital Access Forum.Bob McCooey, Chairman, Nasdaq APAC, speaks at the panel discussion “Future Vibrancy on Nasdaq: AI & Robotics” and delivers closing remarks at the U.S. Capital Access Forum.Panel discussion “The Supply Chain Scramble” at the U.S. Capital Access Forum.From left to right:Lucy Greenleaf, Co-master of ceremoniesRod Colwell, Chief Executive Officer, ACR;Mick McMullen, Chairman, Metals Acquisition Corp II;Tony Sage, Chief Executive Officer, Critical Metals Corp;Dulguun Erdenebaatar, Chief Executive Officer, Boroo Pte Ltd. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

佛羅里達州西棕櫚灘, 2026年3月19日 - (亞太商訊 via SeaPRwire.com) - 美國馬球協會（USPA）的官方運動品牌U.S. Polo Assn. 推出了其2026春夏全球系列，該系列靈感源自運動，以美國海岸風情和海濱生活的愜意氛圍為靈感，呈現出一系列充滿活力的當季單品。 本系列廣告大片攝於南卡羅來納州歷史名城查爾斯頓，當地彩虹街區（Rainbow Row）的柔和色調建築、海岸風光以及海德公園馬球俱樂部（Hyde Park Polo Club）球場的悠久歷史， 共同為這一標誌性全球品牌的最新款式營造了完美的背景。U.S. Polo Assn. 2026 Spring-Summer Global Collection Photoshoot in Charleston, South CarolinaU.S. Polo Assn. 此次宣傳活動再次凸顯了馬球運動與這一受馬球運動啟發、享譽全球的生活方式品牌之間的真摯聯繫。 2026 春夏全球系列（Global Collection）的服飾及配飾現已上市。2026 春夏全球系列一覽主題：美式海岸風情，融合休閒度假剪裁與運動靈感風格拍攝地：南卡羅來納州查爾斯頓，包括彩虹街（Rainbow Row）、鄧林度假村（The Dunlin Resort）、海德公園馬球俱樂部（Hyde Park Polo Club）及查爾斯頓海岸線核心單品：經典馬球衫、輕盈連衣裙、運動短褲、編織襯衫、輕薄絞花針織衫，以及美國公開馬球錦標賽®（U.S. Open Polo Championship®）膠囊系列配色方案：春日柔和的粉彩、夏日明快的亮色，以及為慶祝美國建國250周年而採用的航海紅、白、藍三色圖案：波洛衫、亞麻襯衫及寬鬆夏季疊穿單品上均飾有醒目的季節性條紋核心面料：透氣亞麻、輕盈針織面料及富有質感的棉混紡面料發售資訊：現已在全球門店及線上平台發售“本季系列繼續體現了U.S. Polo Assn.一貫的獨特之處，即我們與這項運動的直接聯繫——正是這項運動在全球範圍內激發了我們品牌的靈感，“USPA Global總裁兼首席執行官J. Michael Prince表示。 該公司負責管理和推廣價值數十億美元的全球U.S. Polo Assn.品牌。 “作為美國馬球協會的官方運動品牌，我們的靈感源自馬球運動本身——從球員、賽場到這項運動的悠久傳統。 ”“在南卡羅來納州查爾斯頓進行拍攝，讓我們既能捕捉到那種美式海岸風情，又能展現這些單品如何從馬球場無縫融入日常生活，”USPA Global全球營銷副總裁Stefanie Coroalles說道。 “從彩虹街（Rainbow Row）的柔和粉彩魅力，到海德公園馬球俱樂部（Hyde Park Polo Club）的開闊草場，再到陽光明媚的查爾斯頓海岸，這些場景讓2026春夏全球系列煥發活力，將愜意的度假風格、鮮活的色彩與這項運動的永恆傳承完美融合。 ”U.S. Polo Assn. 本季標誌性的Polo衫採用豐富多樣的面料與工藝，設計上融入了紋理羅紋、低調圖案及精湛的製作細節，為男裝、女裝及童裝系列中的經典Polo衫注入了現代氣息。 本季馬球衫專為動態生活設計，是一款百搭的短袖紐扣襯衫，既有經典中性色，也有鮮豔亮色，始終秉承品牌經典、運動的風格。 每件 U.S. Polo Assn. 馬球衫均飾有品牌標誌性的雙騎士徽標，承載著這項運動的正宗印記，是衣櫥中的真正經典。“在打造 U.S. Polo Assn. 春夏全球系列時，我們的設計團隊致力於創作既清新、隨性又易於穿著的單品，完美契合溫暖季節的需求，“USPA Global 商品與設計副總裁 Jessica Ramesberger 表示。 “我們巧妙運用明快的春季柔和色調、大膽的夏季亮色以及富有質感的面料，為我們最具標誌性的剪裁注入了全新活力。 ”2026年春夏系列發佈會上還推出了「美國公開馬球錦標賽®」膠囊系列，該系列靈感源自在美國馬球協會國家馬球中心（NPC）舉辦的美國最負盛名的馬球賽事。 這一限量版膠囊系列通過在全球範圍內推出的品牌系列，頌揚了這項標誌性賽事的傳統與激情，將球迷和消費者與這項運動及品牌緊密相連。 美國高水平馬球賽季的巔峰之戰——美國公開馬球錦標賽決賽將於2026年4月26日在NPC舉行，屆時將通過ESPN2等ESPN旗下多個平臺以及全球其他媒體渠道進行轉播。 具體播出時間請查閱當地節目表。“2026年美國馬球協會全球春夏系列與美國馬球公開賽限定系列，通過永恆的美國經典風格，將這項運動的傳承生動呈現，引起全球消費者和體育迷的共鳴，”普林斯補充道。U.S. Polo Assn. 以其純正的運動靈感聞名於世，品牌持續推出符合其全球可持續發展計劃“USPA Life”的產品，體現了品牌對負責任採購以及圍繞人、產品和地球的長期環保倡議的承諾。關於 U.S. Polo Assn. 和 USPA GlobalU.S. Polo Assn. 是美國馬球協會（USPA）的官方運動品牌。 USPA 成立於 1890 年，是美國規模最大的馬球俱樂部和馬球運動員協會。 U.S. Polo Assn. 業務規模達數十億美元，通過全球1,200多家零售店及數千個其他銷售網點進行分銷，為全球190多個國家的男女及兒童提供服裝、配飾和鞋履。 該品牌贊助了全球各大馬球賽事，包括每年在棕櫚灘的 NPC 舉行的美國公開馬球錦標賽®，這是美國最頂級的馬球錦標賽。 通過與美國ESPN、歐洲TNT和Eurosport以及印度Star Sports達成的歷史性合作，由U.S. Polo Assn.贊助的數項世界頂級馬球錦標賽現已實現電視轉播，使全球數百萬體育迷首次得以欣賞這項激動人心的運動。據《License Global》報導，U.S. Polo Assn. 一直與 NFL、PGA 巡迴賽和一級方程式賽車並列，被評為全球頂級體育授權商之一。 此外，這個受運動啟發的品牌因全球業務增長和體育內容而屢獲國際獎項。 憑藉其作為全球品牌的巨大成功，U.S. Polo Assn. 不僅登上了《福布斯》、《財富》、《現代零售》和《GQ》等雜誌，還出現在雅虎財經和彭博社等眾多媒體上。據《License Global》報導，U.S. Polo Assn. 一直與NFL、PGA巡迴賽和一級方程式賽車並列，被評為全球頂尖體育授權商之一。 此外，這一受運動啟發的品牌因全球業務增長及體育內容而屢獲國際獎項。 憑藉其作為全球品牌的巨大成功，U.S. Polo Assn. 不僅登上了《福布斯》、《財富》、《現代零售》和《GQ》等雜誌，還出現在雅虎財經和彭博社等全球眾多知名媒體上。 如需瞭解更多資訊，請訪問 uspoloassnglobal.com 並關注 @uspoloassn。USPA Global是美國馬球協會（USPA）的子公司，負責管理價值數十億美元的運動品牌U.S. Polo Assn.。 USPA Global還管理其子公司Global Polo，後者是全球馬球運動內容的領導者。 如需瞭解更多資訊，請訪問 globalpolo.com 或YouTube上的Global Polo頻道。如需更多資訊，請聯繫：Stacey Kovalsky - 全球公關與傳播副總裁電話 +954.673.1331 - 電子郵件：skovalsky@uspagl.com 凱拉·德雷克（Kaela Drake）——公關與傳播高級專員電話 +001.561.530.5300 - 電子郵件：kdrake@uspagl.com 來源：U.S. Polo Assn. Copyright 2026 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com

West Palm Beach, FL, Mar 19, 2026 - (ACN Newswire via SeaPRwire.com) - U.S. Polo Assn., the official sports brand of the United States Polo Association (USPA), has launched its sport-inspired Spring-Summer 2026 Global Collection, a vibrant seasonal lineup inspired by coastal Americana and the relaxed spirit of seaside living. The campaign was photographed in historic Charleston, South Carolina, where Rainbow Row's pastel architecture, coastal landscapes, and the heritage of the Hyde Park Polo Club field create the perfect backdrop for the iconic global brand's latest styles.U.S. Polo Assn. 2026 Spring-Summer Global Collection Photoshoot in Charleston, South CarolinaThe U.S. Polo Assn. campaign once again highlights the authentic connection between the sport of polo and the globally recognized lifestyle brand inspired by the sport. Apparel and accessories from the Spring-Summer 2026 Global Collection are now available.Global Collection at a Glance: Spring-Summer 2026Theme: Coastal Americana with relaxed resort silhouettes, sport-inspired styleLocation: Charleston, South Carolina, including Rainbow Row, The Dunlin Resort, Hyde Park Polo Club, and the Charleston coastlineKey Pieces: Classic polo shirts, breezy dresses, sporty shorts, woven shirts, lightweight cable knits, and the U.S. Open Polo Championship® Capsule CollectionColor Palette: Spring pastels, vibrant summer brights, and nautical red, white, and blue in the spirit of the USA's 250th BirthdayPatterns: Bold seasonal stripes across polo shirts, linen shirts, and relaxed summer layersKey Fabrics: Breathable linens, lightweight knits, and textured cotton blendsAvailability: Available globally in stores and online now"This season's collection continues to reflect what has always set U.S. Polo Assn. apart, which is our direct connection to the sport that inspires our brand around the world," said J. Michael Prince, President and CEO of USPA Global, the company that manages and markets the multi-billion-dollar global U.S. Polo Assn. brand. "As the Official Sports Brand of the United States Polo Association, our inspiration is shaped by the sport of polo, from the players and the fields to the heritage of the game itself.""Shooting in Charleston, South Carolina, allowed us to capture that Coastal Americana spirit while showing how these pieces move seamlessly from the polo field to everyday life," said Stefanie Coroalles, Vice President of Global Marketing for USPA Global. "From the pastel charm of Rainbow Row to the open fields of Hyde Park Polo Club and the sunlit Charleston coast, the setting brings the Spring-Summer 2026 Global Collection to life, blending relaxed resort style, vibrant color, and the timeless heritage of the sport."U.S. Polo Assn.'s seasonal iconic polo shirts are offered in an expansive range of fabrics and finishes, with updated designs featuring textured ribs, subtle patterns, and elevated construction details, delivering a modern take on the classic polo shirt across men's, women's, and kids' collections. Designed for a life in motion, the season's polo shirt is a versatile short-sleeved button-down, available in classic neutrals or vibrant colors, staying true to the brand's classic, sporty identity. Finished with the brand's signature Double Horsemen logo, every U.S. Polo Assn. polo shirt carries a mark of the sport's authenticity and is a true wardrobe icon."For U.S. Polo Assn.'s Spring-Summer Global Collection, our Design Team set out to create pieces that feel fresh, effortless, and easy-to-wear, perfectly suited for the warmer months," said Jessica Ramesberger, Vice President of Merchandising and Design for USPA Global. "We played with vibrant spring pastels, bold summer brights, and textured fabrics to bring new energy to our most iconic silhouettes."The Spring-Summer 2026 launch also introduced the U.S. Open Polo Championship® Capsule Collection, inspired by America's most prestigious polo tournaments held at the USPA National Polo Center (NPC). The limited-edition capsule celebrates the heritage and excitement of this iconic tournament through a global branded collection around the world that connects fans and consumers to the sport and the brand. The high-goal American polo season culminates with the U.S. Open Polo Championship Final, which takes place on April 26, 2026, at NPC and broadcasts on multiple ESPN platforms, including ESPN2, as well as other media distribution around the world. Check your local listings for airtimes."The 2026 U.S. Polo Assn. Global Spring-Summer Collection and the U.S. Open Polo Championship Capsule Collection bring the sport's legacy to life through timeless Americana style that resonates with consumers and sports fans around the world," Prince adds.Known worldwide for its authentic sport inspiration, U.S. Polo Assn. continues to incorporate products aligned with its global sustainability program, USPA Life, reflecting the brand's commitment to responsible sourcing and long-term environmental initiatives around people, product, and planet.About U.S. Polo Assn. and USPA GlobalU.S. Polo Assn. is the official sports brand of the United States Polo Association (USPA), the largest association of polo clubs and polo players in the United States, founded in 1890. With a multi-billion-dollar global footprint and worldwide distribution through more than 1,200 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide. The brand sponsors major polo events around the world, including the U.S. Open Polo Championship®, held annually at NPC in The Palm Beaches, the premier polo tournament in the United States. Historic deals with ESPN in the United States, TNT and Eurosport in Europe, and Star Sportsin India now broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., making the thrilling sport accessible to millions of sports fans globally for the very first time.U.S. Polo Assn. has consistently been named one of the top global sports licensors in the world alongside the NFL, PGA Tour, and Formula 1, according to License Global. In addition, the sport-inspired brand is being recognized internationally with awards for global growth and sports content. Due to its tremendous success as a global brand, U.S. Polo Assn. has been featured in Forbes, Fortune, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world. For more information, visit uspoloassnglobal.com and follow @uspoloassn.USPA Global is a subsidiary of the United States Polo Association (USPA) and manages the multi-billion-dollar sports brand, U.S. Polo Assn. USPA Global also manages the subsidiary, Global Polo, which is the worldwide leader in polo sport content. To learn more, visit globalpolo.com or Global Polo on YouTube.For Additional Information, Contact:Stacey Kovalsky - VP, Global PR and CommunicationsPhone +954.673.1331 - E-mail: skovalsky@uspagl.comKaela Drake - Senior PR and Communications SpecialistPhone +001.561.530.5300 - E-mail: kdrake@uspagl.comSOURCE: U.S. Polo Assn. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

LOS ANGELES, CA, Mar 19, 2026 - (ACN Newswire via SeaPRwire.com) - Pacific Avenue Capital Partners ("Pacific Avenue"), a Los Angeles-headquartered private equity firm focused on corporate carve-outs and other complex transactions in the middle market, today announced that an affiliate of Pacific Avenue has completed the acquisition of Care.com from IAC Inc. (NASDAQ: IAC).Care.com is a leading platform and brand in the growing $400 billion market for family care, anchored by the largest online network of background-checked child and senior caregivers in the U.S.Care.com operates both a scaled consumer marketplace and an enterprise benefits platform. Since 2007, more than 45 million people have turned to Care.com to find child care, senior care, pet care and housekeeping support. Care.com also partners with more than 700 employers, including many of the Fortune 100, to deliver care-related benefits that combine access to the Care.com platform and comprehensive backup care solutions provided in-home, in-center and through camps and activities, along with a broader suite of care support solutions.As a standalone company, Care.com will accelerate its enterprise expansion while continuing to strengthen its consumer marketplace. With Pacific Avenue's investment and support, the Company will move faster on product innovation, scale its employer partnerships, and enhance the platform experience for the millions of families and caregivers who rely on it."We are excited to officially welcome Care.com to the Pacific Avenue portfolio as the first investment in Pacific Avenue Fund II. The transaction aligns squarely with our focus on executing corporate carve-outs to acquire market-leading businesses with strong fundamentals and clear opportunities for value creation. We're excited to work with Brad and the Care.com team to unlock the company's full potential in serving families, caregivers, and its enterprise partners"- Chris Sznewajs, Founder and Managing Partner of Pacific Avenue"Today marks the start of our next chapter with Pacific Avenue Capital Partners and an exciting moment for Care.com," said Brad Wilson, CEO of Care.com. "We're focused on accelerating how we support families and caregivers while continuing to expand our solutions for employers who recognize caregiving as essential to their workforce. With a strong foundation in place, we're moving forward with clarity and confidence in the opportunity ahead."Moelis & Company LLC served as exclusive financial advisor to Pacific Avenue. Weil, Gotshal & Manges LLP served as legal advisor to Pacific Avenue. KPMG LLP provided accounting and tax advisory services. J.P. Morgan Securities LLC acted as exclusive financial advisor to IAC and Latham and Watkins LLP served as legal counsel to IAC.About Pacific Avenue Capital PartnersPacific Avenue Capital Partners is a global private equity firm headquartered in Los Angeles with an office in Paris. The firm is focused on corporate divestitures and other complex situations in the middle market. Pacific Avenue has extensive M&A and operations experience, allowing the firm to navigate complex transactions and unlock value through operational improvement, capital investment, and accelerated growth. Pacific Avenue takes a collaborative approach in partnering with strong management teams to drive lasting and strategic change while assisting businesses in reaching their full potential. Pacific Avenue has approximately $3.8 billion of Assets Under Management (AUM) as of September 30, 2025. For more information, please visit www.pacificavenuecapital.com.Chris BaddonManaging Directorcbaddon@pacificavenuecapital.comSOURCE: Pacific Avenue Capital Partners Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

美國加利福尼亞州洛杉磯, 2026年3月19日 - (亞太商訊 via SeaPRwire.com) - 專注於中端市場企業分拆及其他複雜交易、總部位於洛杉磯的私募股權公司太平洋大道資本合夥公司（“Pacific Avenue”）今日宣布，其旗下關聯方已完成從 IAC Inc.（納斯達克代碼：IAC）收購 Care.com 的交易。Care.com 是快速增長的 4,000 億美元家庭護理市場中的領先平台與品牌，其核心優勢在於擁有美國規模最大的、經過背景審查的兒童及老年護理人員線上網絡。Care.com 同時運營一個成熟的消費者市場平台和企業福利平台。自 2007 年以來，已有超過 4,500 萬人通過 Care.com 尋找兒童護理、老年護理、寵物護理及家政服務支持。Care.com 還與超過 700 家雇主合作（其中包括眾多《財富》100 強企業），提供護理相關員工福利。這些福利結合了對 Care.com 平台的訪問權限，以及在家庭、護理中心、夏令營和各類活動中提供的全面備用護理解決方案，同時還涵蓋更廣泛的護理支持服務。作為一家獨立運營的公司，Care.com 將在持續強化其消費者市場業務的同時，加快企業端業務的拓展。在太平洋大道的投資與支持下，公司將加速產品創新、擴大雇主合作規模，並為依賴該平台的數百萬家庭與護理人員提升整體使用體驗。“我們非常高興正式歡迎 Care.com 加入太平洋大道的投資組合，成為太平洋大道二期基金的首項投資。本次交易與我們專注於通過企業分拆方式收購具備穩健基本面及明確價值創造機會的市場領先企業的戰略高度契合。我們期待與 Brad 及 Care.com 團隊攜手合作，充分釋放公司在服務家庭、護理人員及企業客戶方面的潛力。”——太平洋大道資本合夥公司創始人兼管理合夥人 Chris SznewajsCare.com 首席執行官 Brad Wilson 表示：“今天標誌著我們與太平洋大道資本合夥公司攜手開啟新篇章的重要時刻，這對 Care.com 來說意義非凡。我們將專注於加速提升對家庭與護理人員的支持，同時持續拓展面向雇主的解決方案——這些雇主已將護理視為其勞動力體系中的關鍵組成部分。在堅實基礎之上，我們將以更加清晰的方向和堅定的信心，邁向未來的發展機遇。”Moelis & Company LLC 擔任太平洋大道的獨家財務顧問；Weil, Gotshal & Manges LLP 擔任其法律顧問；KPMG LLP 提供會計及稅務顧問服務。J.P. Morgan Securities LLC 擔任 IAC 的獨家財務顧問，Latham and Watkins LLP 擔任 IAC 的法律顧問。關於 Pacific Avenue Capital PartnersPacific Avenue Capital Partners 是一家全球私募股權公司，總部位於洛杉磯，並在法國巴黎設有辦事處。公司專注於中端市場的企業剝離及其他複雜交易。Pacific Avenue 擁有豐富的併購與運營經驗，能夠駕馭複雜交易，並通過運營改進、資本投資和加速增長來釋放價值。公司採取協作式的合作方式，與優秀的管理團隊攜手推動持久且具有策略性的變革，同時幫助企業充分發揮其潛力。截至 2025 年 9 月 30 日（基於 2025 年第二季度估值，並按 Fund II 與配套基金募集完成後的備考數據計算），Pacific Avenue 的資產管理規模（AUM）約為 38 億美元。更多信息請訪問： www.pacificavenuecapital.com Chris BaddonManaging Directorcbaddon@pacificavenuecapital.com來源: Pacific Avenue Capital Partners Copyright 2026 亞太商訊 via SeaPRwire.com. All rights reserved. www.acnnewswire.com