HONG KONG, Nov 4, 2024 - (ACN Newswire via SeaPRwire.com) - In recent weeks, both the Hong Kong and A-shares markets have experienced significant volatility. Following the U.S. Federal Reserve's larger-than-expected interest rate cut on September 19, the markets saw a strong rebound. On September 27, the People's Bank of China announced its largest economic stimulus plan since 2020, which included rate cuts, counter-cyclical monetary policy adjustments, greater-than-expected funding support, the creation of new monetary policy tools to stabilize the stock market, and the injection of approximately 1 trillion yuan (approximately US$141.82 billion) of long-term liquidity into the financial markets. These comprehensive supportive policies further boosted market enthusiasm. The Hang Seng Index in Hong Kong peaked at 23,241.74, while the A-shares market gapped up after the National Day holiday, reaching a high of 3,674.40. Both markets saw significant increases in trading volumes, indicating strong market interest.Market data shows that foreign capital inflows have been another driving force behind Hong Kong’s stock market. According to market data, since September, overseas funds have turned into net inflows for the Hong Kong stock market. From mid-September onwards, net inflows from international intermediaries reached HKD 39.6 billion, surpassing the HKD 20.5 billion in net inflows from Mainland China into Hong Kong.Following a sharp short-term rise in Chinese assets, there has been some market correction as investor sentiment cools and profit-taking ensues. However, from a long-term perspective, this correction is necessary. Rather than a speculative bull market, a more structured and gradual rally is healthier for the market and helps investors generate sustainable returns. Over a longer time horizon, the Hong Kong stock market has been undervalued in the past, combined with the liquidity provided by the Federal Reserve's subsequent interest rate cuts and a more comprehensive market turnaround driven by multiple favorable policies. The signals indicating a bottoming out of the Chinese economy are gradually becoming clearer, and the economic fundamentals are improving step by step, suggesting that there is still significant room for growth in the Hong Kong stock market. At the same time, the growth of China's economy has led to an increased demand for commodities and logistics services. In the Hong Kong stock market, there is a company that has been continuously focused on commodities and logistics services.CWT International Limited ("CWT INT'L", 0521.HK, the "Company" together with its subsidiaries the “Group”) is a public limited company incorporated in Hong Kong and its shares are listed on the Main Board of the Stock Exchange of Hong Kong Limited. The controlling shareholder of the Group is HNA Trust Management Co., Ltd, and the resource endowment of shareholders is a major competitive advantage of the Group. In the first half of 2024, CWT had revenue of 20.276 billion HKD, an increase of 27% from previous year, and a net profit of 121 million HKD.The Group operates its business through four major segments. The logistics services segment is engaged in the provision of services including warehousing, transportation, freight forwarding, and supply chain management. The commodity marketing segment is engaged in physical trading and supply chain management of metals and minerals, mainly non-ferrous base metals such as copper, aluminum, and zinc, as well as energy products. The financial services segment is engaged in the provision of financial brokerage services, and asset management services. The engineering services segment provides engineering maintenance for facilities, vehicles and equipment fleet, and design-and-build solutions for logistics properties. The Group's two major businesses segments: logistics services and commodity marketing, constitute the Group's main source of revenue and profit. The Group continues to promote synergy among all segments, to optimize operating processes and improve supply chain efficiency.CWT originates in Singapore and remains as one of the largest warehousing and logistics service providers in Singapore. The Group continues to explore business opportunities in Greater China and Southeast Asia countries through many routes, such as establishing strategic cooperation and joint venture with local business partners. Since the initiation of the strategic cooperation with Hainan Yangpu Holding Investment in April 2024, the Group has facilitated a number of visiting delegations and exchange activities among the Group, business and industrial experts from Singapore, and local organizations in Hainan, in order to evaluate potential investment and business development opportunities in Hainan Free Trade Port. Meanwhile, on the occasion of the 50th anniversary of diplomatic relations between China and Malaysia, in May 2024, the Group signed a memorandum of understanding with a wholly-owned subsidiary of the global commodities warehousing company Access World Group, in order to extend further collaboration in the area of commodity marketing and logistics.As the Group’s footprint in Greater China and Southeast Asia continues to deepen, its relentless focus is to learn from its experience and copy the success in Singapore and other global regions, to contribute to the economic growth and sustainable development in the regions that it operates, and to create more value for the Shareholders. Looking forward, in addition to operating the business with caution, the Group will promote deeper internal synergy, continue to expand its global commercial network, and seize further growth opportunities in Greater China and other regions to maximize the shareholders’ interests and earn a brighter future. Copyright 2024 ACN Newswire via SeaPRwire.com.

香港, 2024年11月4日 - (亞太商訊 via SeaPRwire.com) - 香港的人口密度位居全球城市前列，但城市無障礙環境建設卻一直備受稱讚，常被譽為全亞洲最具代表性的無障礙系統之一。這一成就的背後，是2008年香港實施的《殘疾人權利公約》，該公約旨在更深層次地推動香港無障礙環境的構建。近日，香港傷殘青年協會副主席何雪梅在接受採訪時，與記者探討了香港在無障礙環境建設過程中取得的成就及面臨的挑戰，並提出了多個值得改進的方向。何雪梅女士指出，香港存在大量舊式建築缺乏無障礙設施的問題。這些建築在《設計手冊：傷殘人士使用的通道1984》生效前落成，不受相關法規約束，導致出入口、通道等設施對行動不便的殘疾人造成障礙。何雪梅女士表示，在特區政府與殘疾人自助組織的聯手推動下，香港無障礙環境建設取得了積極成果。特區政府持續修訂建築物相關指引及法規，為無障礙環境設定了明確的基本標準。同時特區政府還推出了「人人暢道通行」計畫，增設了更多無障礙通道設施，極大地方便了市民出行。在此基礎上，特區政府還資助複康巴士的營運，為未能使用公共交通工具的殘疾人提供特別交通服務。這些措施共同推進了香港無障礙環境建設的進一步完善。然而，無障礙公共交通設施仍有空白待填補。目前香港可供輪椅上落的小型公車及計程車數量相對較少，無障礙點對點運輸尚缺乏充分保障。2024年10月20日，曹操出行在中國蘇州正式發佈了「中國無障礙出行·巡網融合行動」。巡網融合模式保留了網約車便捷和智能化的特性，兼具了巡遊車即時與靈活的優勢，並採用了LEVC TX5專業無障礙車輛，具備抽拉式斜坡踏板、90°無障礙旋轉座椅、凸點盲文面板、語音通話系統等無障礙設施功能，為老年人、母嬰、殘障人士等行動障礙人群提供了全場景標準化出行服務，這一模式有望解決無障礙公共交通點對點服務的難題，進一步推動香港無障礙環境建設的發展。何雪梅女士也關注到了曹操出行的這一服務，她表示：「曹操出行推出的無障礙網約車服務採用了線上網約加線下揚招的巡網融合運營模式，乘客既可以通過手機APP和小程式預約無障礙車輛，也可以在街上揚手招車。乘客還能夠事先預約輪椅、拐杖及兒童安全座服務，為長者、嬰兒及行動不便人士提供方便。相對于傳統的計程車而言，曹操出行的服務更能體貼殘疾人及護理者的需要，是值得向國際推廣的。」 Copyright 2024 亞太商訊 via SeaPRwire.com.

HONG KONG, Nov 4, 2024 - (ACN Newswire via SeaPRwire.com) - RVs have become an important means of modern travel and leisure, and have gained increasing popularity worldwide in recent years. There are numerous world-renowned RV brands, and among the RV companies that have already entered the capital market, there are three listed on the US stock market: Thor Industries (THO.US), Winnebago (WGO.US), and Camping World (CWH.US). Among them, Thor Industries has the highest market value and its stock price has risen by nearly 30% since late June this year.Australasia is the third largest RV market in the world after North America and Europe, and is one of the fastest-growing RV markets. New Gonow Recreational Vehicles, founded by the former "Geely Marshal " Miao Xuezhong, occupies a leading position in the market, with its performance, popularity and brand reputation continuing to improve. It is reported that after submitting its application for main board listing to the Hong Kong Stock Exchange in the first half of the year, the Company received a notice of record-filing from the China Securities Regulatory Commission on 9 September, and its IPO plan is proceeding smoothly.The global RV market is thriving, with a diverse landscapeRVs, with the dual functions of "home" and "vehicle", are movable homes that combine "clothing, food, housing, and transportation" in one, which can fully satisfy people's demand for personalized and free travel. Its history can be traced back to the popularity of camping in the United States in the 1920s, and since then, RVs have rapidly become popular all over the world. With its high degree of freedom and flexibility, RV travel has become the choice of more and more travelers.Overall, the global RV market is characterized by fierce competition and a large number of players, with the North American and European RV markets being relatively mature, while the Chinese RV market is still in its early stages. Among the well-known RV companies, Thor Industries, Forest River, Winnebago, and others in the United States have gained widespread recognition from consumers for their excellent design and high-quality manufacturing processes, and have dominant positions in the market.Several well-known brands are distinctive, with Thor Industries known for its innovative product design and global market presence, Winnebago Industries for its high-end RVs and innovative technology, especially in its exploration of the electric RV segment, and Forest River for its reliability and diverse product line. Through continuous technological innovation and market expansion strategies, these brands have steadily maintained their positions at the forefront of the industry. Some well-known local manufacturers in the European RV market include Hymer in Germany, Dethleffs in the Netherlands, and Auto-Trail in the UK. In the Australasian market, well-known RV brands include Jayco, Snowy River, and Regent.In terms of category, RVs can be mainly categorized into two types: towable RVs and motorized RVs. Towable RVs can be further categorized into standard caravans, pop-tops, and camper trailers. According to Frost & Sullivan (the same below), in 2023, the standard caravan was the major segment in the Australasian market, capturing a substantial 72.1% share, up from 67.1% in 2019. New Gonow Recreational Vehicles, which owns well-known brands such as Snowy River and Regent, is the top RV company in the Australasian market and ranked second in terms of sales in the Australasian market in 2023.By accurately positioning itself, New Gonow Recreational Vehicles is able to break through and stand out in the marketDriven by a booming tourism industry and a high number of international visitors, road trips through RVs have become a mature travel method in Australasia. Measured by RV household penetration, Australasia had a remarkable ownership rate of 78.8 RVs per thousand households in 2023, significantly surpassing Europe’s rate of 21.7 and ranking second globally. Tourists traveling in RVs also inject vitality into the economy. It is expected that the total RV in use in Australasia will reach 1,175.0 thousand units in 2028, representing a CAGR of 5.7% from 2024, outpacing the growth in North America and Europe.The Australasia RV market exhibits a relatively concentrated structure, with the top five participants holding approximately 55.4% of the market share in 2023. New Gonow Recreational Vehicles, which primarily manufactures and sells standard caravans, has a significant competitive advantage. As a high-end product in the towable RV market, standard caravans have a higher barrier to entry in terms of technology, and companies that excel in this field tend to have strong manufacturing capabilities, allowing them to innovate and produce high-quality, durable RVs equipped with advanced features and technology, and have a greater chance of competing for market pricing power and increasing brand premiums. New Gonow Recreational Vehicles is undoubtedly a top participant in this market.According to A1 prospectus, the development journey of New Gonow Recreational Vehicles began in 2014. The Company's founder and CEO, Miao Xuezhong, previously served as a senior executive at Geely Automobile, with over 25 years of experience in the automotive industry and extensive management experience. In September 2014, he led the Company to acquire Regent, an Australian RV brand with a history of more than 30 years, thus enabling New Gonow Recreational Vehicles to gradually expand its presence in the RV market and continue to broaden its product portfolio and stand out from the competition.Products are the foundation of survival for RV companies, and New Gonow Recreational Vehicles offers a full spectrum of functionalities and an expansive range of auxiliary services through the design, development, manufacturing, and sales of various bespoke towable RVs. As of 31 December 2023, the Company has successfully mass-produced 39 RV models, which are all standard caravans, spanning seven distinct series under three characteristic brands: the mid-range best-selling brand Snowy River, luxury brand Regent, and semi-off-road brand NEWGEN. With a comprehensive product lineup, New Gonow Recreational Vehicles can meet the full range of demands from entry-level to high-end luxury models.Despite the overall growth of the RV market, competition has become increasingly fierce with more and more brands entering the Australasian market. American brand Jayco has the highest market share, reaching 31.5% in 2023 and holding a leading position. The world's largest RV manufacturers such as Thor Industries and Forest River are also continuously competing for market share. To stay ahead of the competition and achieve further development, it is essential for New Gonow Recreational Vehicles to continuously introduce new products, technologies, and services to improve its competitiveness and market share.Overall, New Gonow Recreational Vehicles' competitive advantages lie in its highly customizable and continuously upgraded range of RV products, strong product development capabilities, excellent manufacturing capabilities, diverse distribution channels, and high brand awareness. After about a decade of development, the Company has launched nine new models under Regent and four new models under Snowy River, as well as upgraded 13 models under Snowy River. At the same time, the Company is gradually improving its dealership network consisting of third-party dealer stores, self-owned stores, official online websites and JV stores.Through its continuous efforts in the value chain of the RV industry, New Gonow Recreational Vehicles has been expanding its customer base in the Australasian market. In 2021, 2022 and 2023, the Company delivered a total of 1,330, 2,127, and 2,694 RVs to customers respectively, with a year-on-year increase of 59.9% and 26.7% in 2022 and 2023 respectively. In early October, at the Melbourne Leisurefest, the largest exhibition in the second half of 2024 in Melbourne, the Company launched its latest Snowy River model, PopTop and concept RV, Vancave, and received a large number of orders.It is also worth mentioning that the Company has also followed the trend of electrification and digitalization development and actively built a sustainable and environmentally friendly path for RV electrification, becoming one of the first RV enterprises to commercialize electric RV solutions and taking the lead in the intelligent transformation of the industry. Currently, the Company is developing a trailblazing model of towable ERV equipped with intelligent technology and autonomous driving system, which is expected to be delivered in Australia by the first quarter of 2025.In terms of financial performance, New Gonow Recreational Vehicles achieved revenues of approximately RMB300 million, RMB499 million and RMB720 million in 2021, 2022, and 2023, respectively, representing a CAGR of 55.0%, with revenues in 2023 being 2.4 times higher than those in 2021. During the same period, the CAGRs of gross profit, net profit and net cash generated from operating activities were approximately 90.1%, 77.2%, and 148.4%, respectively. The impressive profit performance and rapid improvement in liquidity not only demonstrate the Company's successful business model, but also highlight its high-growth performance.New Gonow Recreational Vehicles has already secured a place in the emerging Australasian RV market, which is still relatively small, but its potential is being fully demonstrated. With the huge market opportunity and its attempt to become the "first stock of Chinese RVs", the Company is expected to become a new star in the capital market, attracting more attention from investors. Copyright 2024 ACN Newswire via SeaPRwire.com.