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TCLE (01070.HK) Mini LED Smart Screens Win CES® 2023 Innovation Awards

Retrieved on: 
Monday, November 28, 2022

HONG KONG, Nov. 28, 2022 /PRNewswire/ -- TCL Electronics Holdings Limited ("TCL Electronics" or the "Company", 01070.HK) is pleased to announce that TCL Mini LED 4K Smart Screen 75C935 and TCL Mini LED 4K Smart Screen 75C835 have been awarded the CES® 2023 Innovation Award for their striking innovative design and engineering features.

Key Points: 
  • HONG KONG, Nov. 28, 2022 /PRNewswire/ --TCL Electronics Holdings Limited ("TCL Electronics" or the "Company", 01070.HK) is pleased to announce that TCL Mini LED 4K Smart Screen 75C935 and TCL Mini LED 4K Smart Screen 75C835 have been awarded the CES 2023 Innovation Award for their striking innovative design and engineering features.
  • The fact that TCL Electronics wins two CES 2023 Innovation Awards is a testament to the industry's acknowledgement of TCL Mini LED smart screens, and a testament to the extraordinary strength of TCL Mini LED smart screens.
  • Known as the "next generation display technology", Mini LED backlight technology is an upgraded version of the traditional LED backlight technology.
  • TCL Electronics has been committed to the research and development of Mini LED technology and has become the industry leader by launching the world's first Mini LED smart screen in 2019.

Nissin Foods Announces 2022 Q3 Results

Retrieved on: 
Thursday, November 10, 2022

HONG KONG, Nov 10, 2022 - (ACN Newswire) - Nissin Foods Company Limited ("Nissin Foods" or the "Company", and together with its subsidiaries, the "Group"; Stock code: 1475) today announced its financial results for the nine months ended 30 September 2022 ("the Reporting Period").

Key Points: 
  • HONG KONG, Nov 10, 2022 - (ACN Newswire) - Nissin Foods Company Limited ("Nissin Foods" or the "Company", and together with its subsidiaries, the "Group"; Stock code: 1475) today announced its financial results for the nine months ended 30 September 2022 ("the Reporting Period").
  • Revenue from Hong Kong and China operations respectively grew 11.6% to HK$1,156.6 million and 5.7% to HK$1,925.2 million YoY.
  • Moreover, for Hong Kong operations, good demand for instant noodles and frozen foods contributed to the revenue growth.
  • The Group primarily manufactures and sells instant noodles, frozen foods and other food products under its two core corporate brands, namely "NISSIN" and "DOLL" together with a diversified portfolio of iconic household premium food brands.

Nissin Foods Wins Bid for Acquiring Equity Interest in Zhuhai Winner at RMB352.44 Million

Retrieved on: 
Monday, November 7, 2022

HONG KONG, Nov 7, 2022 - (ACN Newswire) - Nissin Foods Company Limited ("Nissin Foods", and together with its subsidiaries, the "Group"; Stock code: 1475) announced that its wholly-owned subsidiary Nissin Foods (China) Holding Co., Ltd. ("Nissin Foods China") has won a bid for 29.55% equity interest in Zhuhai Golden Coast Winner Food Products Limited ("Zhuhai Winner") (the "Proposed Acquisition") at RMB352.44 million.

Key Points: 
  • HONG KONG, Nov 7, 2022 - (ACN Newswire) - Nissin Foods Company Limited ("Nissin Foods", and together with its subsidiaries, the "Group"; Stock code: 1475) announced that its wholly-owned subsidiary Nissin Foods (China) Holding Co., Ltd. ("Nissin Foods China") has won a bid for 29.55% equity interest in Zhuhai Golden Coast Winner Food Products Limited ("Zhuhai Winner") (the "Proposed Acquisition") at RMB352.44 million.
  • An indirect subsidiary of Nissin Foods, Zhuhai Winner is 70.45% owned by Winner Food Products Limited, a wholly-owned subsidiary of the Company, and 29.55% owned by Zhuhai Western Development Co.
  • Upon completion of the Proposed Acquisition, Zhuhai Winner will become an indirect wholly-owned subsidiary of Nissin Foods.
  • Zhuhai Winner is a manufacturer and distributor of instant noodles for Nissin Foods.

TCLE (01070.HK) Sells 16.62 Million Smart Screens Globally in the First Three Quarters of 2022

Retrieved on: 
Friday, October 21, 2022

HONG KONG, Oct. 20, 2022 /PRNewswire/ -- TCL Electronics Holdings Limited ("TCL Electronics" or the "Company", 01070.HK) announced today its global sales volume for the first three quarters of 2022. Global sales volume of TCL smart screens reached 16.62 million sets, of which 6.47 million sets were sold in the third quarter, a significant increase of 11.8% year-on-year. With the "TCL and FFalcon" dual brand strategy carried out, a series of newly launched high-end and large-screen TCL smart screens were popular among consumers. Driven by the optimisation of distribution channel structure and the upgrade of product mix, sales volume in the domestic market increased rapidly. In 2022 Q3, sales volume of TCL smart screens in the PRC market rose by 46.6% year-on-year.

Key Points: 
  • In 2022 Q3, sales volume of TCL smart screens in the PRC market rose by 46.6% year-on-year.
  • In the first three quarters of 2022, sales volume of the Company's large-sized smart screens grew significantly.
  • The overall average size of TCL smart screens sold in the market increased by 2.6 inches year-on-year to 47.4 inches.
  • In addition to smart screens, TCL Electronics sold 13.62 million sets in total of small and medium-sized displays in the first three quarters of 2022.

TCL Holdings and the Share Award Scheme Acquire over 100 Million Shares of TCL Electronics (01070.HK)

Retrieved on: 
Wednesday, October 12, 2022

HONG KONG, Oct. 12, 2022 /PRNewswire/ -- TCL Electronics Holdings Limited ("TCL Electronics" or the "Company", 01070.HK) is pleased to announce that, since the publication of the Company's interim results for the six months ended 30 June 2022 on 19 August 2022, its parent company T.C.L. Industries Holdings Limited ("TCL Holdings") has acquired over 25 million shares of the Company. The shareholding increase announcement was made by TCL Holdings in August 2021. During the period from the publication date of the Company's 2021 annual results announcement (i.e. 11 March 2022) till now, TCL Holdings has acquired over 90 million shares of the Company, increasing its interest in the Company by approximately 3.21 percentage points. At present, TCL Holdings is interested in over 1.35 billion shares in the issued share capital of the Company, representing approximately 54.03% of the total number of issued shares of the Company.

Key Points: 
  • Industries Holdings Limited ("TCL Holdings") has acquired over 25 million shares of the Company.The shareholding increase announcement was made by TCL Holdings in August 2021.
  • 11 March 2022) till now, TCL Holdings has acquired over 90 million shares of the Company, increasing its interest in the Company by approximately 3.21 percentage points.
  • In addition, since March 2022, the management of the Company has instructed the trustee of the share award scheme of the Company ("Share Award Scheme") to acquire over 16 million shares of the Company in the open market as for the share award scheme.
  • Ms. Du Juan, Chairperson of the Board of the Company, also purchased 1 million shares of TCL Electronics in her personal name.

TCLE (1070.HK) Rocks IFA 2022 with World's Largest Mini LED Smart Screen

Retrieved on: 
Saturday, September 3, 2022

HONG KONG, Sept. 3, 2022 /PRNewswire/ -- IFA 2022, which will last for 5 days officially kicked off in Berlin today. TCL Electronics Holdings Limited ("TCL Electronics" or "the Company", 01070.HK) has showcased a collection of home theater and all-category smart home appliances at this exhibition and has held a product launch event themed "Inspire Greatness." The Company continues to implement its all-category strategy.

Key Points: 
  • A Number of Large-sized Smart Screens Land in Europe, Bringing More Immersive Audiovisual Experience to Global Consumers
    As a leading consumer electronics brand in the global market, TCL Electronics has showcased the 98-inch QLED smart screen 98C735 at IFA 2022.
  • Equipped with Google TV OS, the 98-inch C735 is the largest smart screen in its XL Collection.
  • The XL Collection's 75C935 and 75C835 smart screens are powered by TCL Electronics' self-developed Mini LED backlight technology.
  • Of which, the market share of TCL Mini LED smart screen shipment and of 98-inched smart screen shipment are 55.7% and 41.0%, respectively, both ranking No.1 in the PRC market[2].

Nissin Foods Announces 2022 Interim Results

Retrieved on: 
Tuesday, August 30, 2022

HONG KONG, Aug 30, 2022 - (ACN Newswire) - Nissin Foods Company Limited ("Nissin Foods" or the "Company", together with its subsidiaries, the "Group"; Stock code: 1475) has today announced its interim results for the six months ended 30 June 2022 ("the reporting period").

Key Points: 
  • HONG KONG, Aug 30, 2022 - (ACN Newswire) - Nissin Foods Company Limited ("Nissin Foods" or the "Company", together with its subsidiaries, the "Group"; Stock code: 1475) has today announced its interim results for the six months ended 30 June 2022 ("the reporting period").
  • -- In the face of rising production costs and raw material prices, Nissin Foods will implement the second phase of its price adjustment strategy in Hong Kong, for the products that were not included in the first phase implemented in April 2022.
  • -- "Nissin Foodium", Nissin's inaugural membership programme for Hong Kong and Mainland China has been launched respectively in July and August 2022.
  • The "Nissin Foodium" in the WeChat Mini Program offers the members a series of exclusive benefits, exciting rewards and interactive games.

China Risun's 2022 Interim Revenue Ups 21.1% to RMB22.53 Billion, Profit Attributable to Owners was RMB1.74 Billion

Retrieved on: 
Monday, August 29, 2022

Revenue for the six months ended June 30, 2022 was approximately RMB22.53 billion, representing an increase of approximately 21.1%.

Key Points: 
  • Revenue for the six months ended June 30, 2022 was approximately RMB22.53 billion, representing an increase of approximately 21.1%.
  • Profit attributable to owners of the Company was approximately RMB1.74 billion, up approximately 0.8%.
  • During the reporting period, revenue derived from the coke and coking chemicals manufacturing business continued to increase, up 20.2% to RMB9,262.7 million.
  • China Risun is also included in FTSE GEIS: FTSE Global Small Cap Index, FTSE Global All-Cap Index (LMS) and FTSE Global Total-Cap Index (LMSu).

TCL Electronics (01070.HK) Gross Profit Bucks the Trend for Growth in 2022 H1

Retrieved on: 
Friday, August 19, 2022

HONG KONG, Aug. 19, 2022 /PRNewswire/ -- TCL Electronics Holdings Limited ("TCL Electronics" or "the Company", 01070.HK) announced today its interim results for the six months ended 30 June 2022.

Key Points: 
  • HONG KONG, Aug. 19, 2022 /PRNewswire/ -- TCL Electronics Holdings Limited ("TCL Electronics" or "the Company", 01070.HK) announced today its interim results for the six months ended 30 June 2022.
  • Global sales volume of TCL smart screens reached 10.15 million sets in the first half of 2022.
  • TCL Electronics seized the global development trend of clean energy and carbon neutrality and leveraged on its industrial synergy with TCL Zhonghuan Renewable Energy Technology Co.,Ltd.
  • For more information, please visit the investor relations web page of TCL Electronics at http://electronics.tcl.com or follow the WeChat Official Page of TCL Electronics investor relations.

Nissin Foods Achieves Steady 2022 Q1 Financial Results

Retrieved on: 
Friday, May 13, 2022

HONG KONG, May 13, 2022 - (ACN Newswire) - Nissin Foods Company Limited ("Nissin Foods" or the "Company", and together with its subsidiaries, the "Group"; Stock code: 1475) today announced its unaudited first quarter financial information for the three months ended 31 March 2022 ("the Reporting Period").

Key Points: 
  • HONG KONG, May 13, 2022 - (ACN Newswire) - Nissin Foods Company Limited ("Nissin Foods" or the "Company", and together with its subsidiaries, the "Group"; Stock code: 1475) today announced its unaudited first quarter financial information for the three months ended 31 March 2022 ("the Reporting Period").
  • Gross profit margin was 31.3% (2021: 32.1%), mainly a result of the increased prices of raw materials and other production costs.
  • Revenue from Hong Kong operations increased by 6.6% YoY to HK$357.9 million due to a surge in demand of bag-type instant noodles.
  • Mr Kiyotaka ANDO, Executive Director, Chairman and Chief Executive Officer of Nissin Foods, said, "With the COVID-19 epidemic prevailing, people's livelihood and economic recovery have been surrounded with uncertainties.