EQT, Hg and TA-owned IFS valued at EUR 15 billion in minority stake sale, following investment from Hg, ADIA and CPP Investments
Hg increases its stake in enterprise software provider IFS and becomes co-control shareholder alongside EQT, while existing minority shareholder TA Associates remains invested. New investors in this transaction include a wholly-owned subsidiary of...
Securities Firms Maintain "Buy" Rating on Fosun International, Highlighting Significant Success in Business Streamlining Strategy and "Strategic Advancements and Exits"
HONG KONG, April 8, 2025 /PRNewswire/ -- Industrial Securities and Kaiyuan Securities recently published research reports highlighting Fosun International (00656.HK)'s accelerated exit from non-core assets and continued focus on core businesses. The...
ECOVACS ROBOTICS Embraces Matter: Taking Smarter, More Convenient Floor Cleaning to the Next Level
ECOVACS ROBOTICS robotic vacuum cleaners DEEBOT now support Matter for seamless smart home control. SUZHOU, China, April 7, 2025 /PRNewswire/ -- ECOVACS ROBOTICS, a global leader in service robotics, has taken a major step forward in smart home...
Superconductors made by Faraday Factory helped to achieve first plasma in a levitated dipole fusion prototype
Faraday Factory Japan, the world's largest manufacturer of high-temperature superconductors, announces that its superconductor tape was successfully used to build magnets for a novel fusion prototype that has recently achieved first plasma TOKYO,...
Fosun International 2024 Annual Results Presentation: Aiming for RMB10 Billion in Future Industrial Operation Profit
HONG KONG and SHANGHAI, April 2, 2025 /PRNewswire/ -- On 1 April 2025, Fosun International Limited (HKEX stock code: 00656, "Fosun International"), together with its subsidiaries ("Fosun" or the "Group") held its 2024 annual results presentation in...
Shenzhen Kingkey Smart Agriculture Times Reports RMB 714 Million Net Profit in 2024, Showcasing Resilience in Pig Farming Business
SHENZHEN, March 31, 2025 /PRNewswire/ -- On the evening of March 30, Shenzhen Kingkey Smart Agriculture Times (000048.SZ) released its 2024 annual financial report, demonstrating significant achievements in its strategic transformation focused on...
SF Holding Delivered Record High 2024 Financial Results
Record-high annual revenue: RMB284.4 billion, up 10.1% year-over-year Record-high annual net profit attributable to owners of the company: RMB10.2 billion, up 23.5% year-over-year Delivered total shareholder return of RMB10.7 billion SHENZHEN,...
China Renaissance Announces 2024 Annual Results: Strong Recovery Driven by Strategic Transformation
HONG KONG, March 31, 2025 /PRNewswire/ -- China Renaissance Holdings Limited ("China Renaissance" or the "Group", stock code: 1911.HK) today announced its annual results for the year ended December 31, 2024 (the "Reporting Period"). Despite a...
Revenue Soars 44%, Basecare Medical (2170.HK) Advances Toward Global Intelligent Manufacturing
SUZHOU, China, March 31, 2025 /PRNewswire/ -- Amid frequent pro-fertility policy updates, Basecare Medical, a pioneer in the assisted reproductive IVD sector with full fertility health industry chain coverage, released its stellar 2024 performance...
Toss Reports Records Revenue of 2 Trillion KRW and First Full-Year Net Profit in 2024
In full year 2024, achieved ₩1,956 billion in consolidated revenue and ₩91 billion in operating profit Strong performance across all business segments, driven by user growth and engagement on the Superapp — now focused on profitable growth SEOUL,...