DL Holdings

DL Holdings intends to acquire a Hong Kong-based artificial intelligence data analysis company at a valuation of US$10 million

Retrieved on: 
Monday, December 11, 2023

This strategy aims to establish a global ecosystem for artificial intelligence asset management and wealth inheritance.

Key Points: 
  • This strategy aims to establish a global ecosystem for artificial intelligence asset management and wealth inheritance.
  • Recognizing the rapid pace of technological advancements, DL Holdings intends to tap into a wider range of opportunities and fields.
  • To support this endeavor, DL Holdings had previously established the DL Institute for New Economic Research, which focuses on WEB 3.0, digital currency, and artificial intelligence.
  • Its primary activities revolve around "the development of data analysis platforms utilizing artificial intelligence" and "providing information technology services for financial technology solutions".

DL Holdings (1709.HK) Launched Artificial Intelligence (AI) Family Office to Accelerate the Global Strategic Planning of AI Wealth Management

Retrieved on: 
Wednesday, November 15, 2023

HONG KONG, Nov. 15, 2023 /PRNewswire/ -- DL Holdings Group Limited ("DL Holdings" or the "Company", together with its subsidiaries, the "Group", Stock Code: 1709.HK) issued a voluntary announcement on the Hong Kong Stock Exchange today, announcing that the Company officially launched the global artificial intelligence (AI) family office with a year of preparation, which would accelerate the global strategic planning of AI wealth management on top of the foundation of the existing digital family office.

Key Points: 
  • HONG KONG, Nov. 15, 2023 /PRNewswire/ -- DL Holdings Group Limited ("DL Holdings" or the "Company", together with its subsidiaries, the "Group", Stock Code: 1709.HK) issued a voluntary announcement on the Hong Kong Stock Exchange today, announcing that the Company officially launched the global artificial intelligence (AI) family office with a year of preparation, which would accelerate the global strategic planning of AI wealth management on top of the foundation of the existing digital family office.
  • With the rapid development and global industrial application of AI technology in recent years, the wealth management and asset management industries are also facing great opportunities and challenges.
  • Andy Chen, Chairman of DL Holdings Group, stated, " The advancement of artificial intelligence is poised to revolutionize traditional family offices.
  • DL Holdings established DL Institute For New Economic Research and digital family office this year, transforming the asset management business into a smart asset management and wealth inheritance platform supported by digital technology.

DL HOLDINGS (1709.HK): When Traditional Asset Management Encounters the 'Digital Family Office'

Retrieved on: 
Wednesday, October 11, 2023

However, DL Holdings (1709.HK) aims to establish a genuine "Digital Family Office" that integrates big data, cloud computing, and blockchain technologies.

Key Points: 
  • However, DL Holdings (1709.HK) aims to establish a genuine "Digital Family Office" that integrates big data, cloud computing, and blockchain technologies.
  • DL Digital FO will gradually help the professional investment grade clients in the asset management category enjoy family office level investment services and favourable returns through the artificial intelligence investment advisory system.
  • DL Holdings Group Limited ("DL Holdings" or the "Company", together with its subsidiaries, the "Group", Stock Code: 1709.HK) recently announced the official upgrade of its subsidiary DL Asset Management to DL Digital Family Office ("DL Digital FO"),  emphasizing that DL Holdings continues to expand its presence and exploration in the family office domain, following the acquisition of its multi-family office's entire equity business.
  • In response, DL Holdings is resolute in upgrading asset management into a digital family office and allocating increased efforts to enhance the level and quality of AI intelligent services.

DL Holdings Announces Acquisition of Remaining 55% Stake in Family Office

Retrieved on: 
Friday, September 15, 2023

HONG KONG, Sept. 14, 2023 /PRNewswire/ -- DL Holdings Group Limited ("DL Holdings" or the "Company"; Stock Code: 1709.HK) has unveiled its acquisition of the remaining 55% stake in DL Family Office (HK) Limited ("DL Family Office") for HK$220 million.

Key Points: 
  • HONG KONG, Sept. 14, 2023 /PRNewswire/ -- DL Holdings Group Limited ("DL Holdings" or the "Company"; Stock Code: 1709.HK) has unveiled its acquisition of the remaining 55% stake in DL Family Office (HK) Limited ("DL Family Office") for HK$220 million.
  • This strategic move follows the successful acquisition of a 45% stake earlier this year, establishing DL Family Office as a wholly-owned subsidiary of DL Holdings.
  • Consequently, DL Holdings has emerged as the foremost asset management and financial services platform in Hong Kong, with a primary focus on multi-family office services.
  • In August, DL Holdings announced its investment in and acquisition of a new integrated commercial tower in Central, subsequently named "DL Tower."

DL Holdings Announces 2023 Financial Year Results

Retrieved on: 
Tuesday, June 27, 2023

HONG KONG, June 27, 2023 /PRNewswire/ -- DL Holdings Group Limited ("DL Holdings" or the "Company"; Stock Code: 1709.HK; and its subsidiaries collectively referred to as the "Group") has announced its consolidated annual results for the year ended 31 March 2023 (the "Reporting Period").

Key Points: 
  • The provisions of its business include DL Family Office, DL Securities, DL Asset Management, DL Global Real Estate Investment, DL Emerald Wealth Management, and DL Advisory.
  • For the Financial Year 2023, DL Holdings recorded a revenue of approximately HK$191.1 million, a gross profit of approximately HK$102.6 million, and a total comprehensive expenses attributable to the owners of the Company of approximately HK $49.5 million.
  • During the Reporting Period, the Group acquired DL Family Office (HK) Limited ("DL Family Office HK") and DL Emerald Wealth Management Limited.
  • HONG KONG, June 27, 2023 /PRNewswire/ -- DL Holdings Group Limited ("DL Holdings" or the "Company"; Stock Code: 1709.HK; and its subsidiaries collectively referred to as the "Group") has announced its consolidated annual results for the year ended 31 March 2023 (the "Reporting Period").

Soochow Securities (Hong Kong) Joins Forces with DL Holdings to Accelerate the Expansion of Wealth Succession and Asset Management Services

Retrieved on: 
Monday, May 29, 2023

Soochow Securities (Hong Kong) Financial Holdings Limited, a wholly owned subsidiary of Soochow Securities Co., Ltd. has entered into the duly strategic cooperation agreement with DL Holdings in Hong Kong.

Key Points: 
  • Soochow Securities (Hong Kong) Financial Holdings Limited, a wholly owned subsidiary of Soochow Securities Co., Ltd. has entered into the duly strategic cooperation agreement with DL Holdings in Hong Kong.
  • Mr. Zhen Xue, President of Soochow Securities, said, " Soochow Securities (Hong Kong) and DL Holdings have signed a strategic cooperation agreement, taking advantage of the 'favorable timing, geographical and human conditions.'
  • The 'favorable timing' refers to the global economy gradually recovering from the COVID-19, with China's economy rebounding strongly after reopening.
  • Soochow Securities (Hong Kong) also continues to improve its personnel allocation, fostering a highly efficient and stable team of professionals.

Daelim Successfully Obtained The Transformer UL/cUL Certification

Retrieved on: 
Tuesday, December 20, 2022

BEIJING, Dec. 20, 2022 /PRNewswire/ -- Jiangsu Daelim Electric Co. LTD(here inafter Daelim) successfully obtained the transformer UL/cUL certification in this year.

Key Points: 
  • BEIJING, Dec. 20, 2022 /PRNewswire/ -- Jiangsu Daelim Electric Co. LTD(here inafter Daelim) successfully obtained the transformer UL/cUL certification in this year.
  • In order to get this certification, Daelim needs to design and manufacture this sample transformers to pass the all the type testings, but also the key accessories must meet the UL certification requirements.
  • Besides the UL certification, Daelim also obtained CSA and CESI certification in 2019.
  • Daelim is a professional power transformer manufacturer, and builds a more influential transformer brand named Daelim Belefic.

DL Holdings Announces 2022 Interim Results

Retrieved on: 
Thursday, December 1, 2022

HONG KONG, Nov. 30, 2022 /PRNewswire/ -- DL Holdings Group Limited ("DL Holdings" or the "Company" and its subsidiaries (together, the "Group"), Stock Code: 1709.HK) is pleased to announce its unaudited consolidated interim results for the six months ended 30 September 2022 (the "1H FY2022").

Key Points: 
  • HONG KONG, Nov. 30, 2022 /PRNewswire/ --DL Holdings Group Limited ("DL Holdings" or the "Company" and its subsidiaries (together, the "Group"), Stock Code: 1709.HK) is pleased to announce its unaudited consolidated interim results for the six months ended 30 September 2022 (the "1H FY2022").
  • It will facilitate DL Holdings' wealth management and impact investment pipeline in Singapore and North American markets, and expand its asset management scale and business scope.
  • DL Holdings (1709.HK) also holds a Singapore RFMC fund license, a Cayman Islands SIBL fund license and owns more than 18 Hong Kong limited partnership funds (LPF) for investing Private Equity.
  • This press release is issued by Joint PR Consultants Limited on behalf of DL Holdings Group Limited.

HF Sinclair Corporation and Holly Energy Partners Announce Management Changes

Retrieved on: 
Thursday, September 15, 2022

HF Sinclair Corporation (NYSE: DINO) (HF Sinclair) today announced the appointment of Atanas H. Atanasov as Executive Vice President and Chief Financial Officer of HF Sinclair effective September 30, 2022, and Holly Energy Partners, L.P. (NYSE: HEP) (HEP) today announced the appointment of Michael C. Jennings as President of Holly Logistic Services, L.L.C.

Key Points: 
  • HF Sinclair Corporation (NYSE: DINO) (HF Sinclair) today announced the appointment of Atanas H. Atanasov as Executive Vice President and Chief Financial Officer of HF Sinclair effective September 30, 2022, and Holly Energy Partners, L.P. (NYSE: HEP) (HEP) today announced the appointment of Michael C. Jennings as President of Holly Logistic Services, L.L.C.
  • HF Sinclair supplies high-quality fuels to more than 1,300 Sinclair branded stations and licenses the use of the Sinclair brand at more than 300 additional locations throughout the country.
  • HF Sinclair also owns a 47% limited partner interest and a non-economic general partner interest in Holly Energy Partners, L.P., a master limited partnership that provides petroleum product and crude oil transportation, terminalling, storage and throughput services to the petroleum industry, including HF Sinclair subsidiaries.
  • Holly Energy Partners, L.P., headquartered in Dallas, Texas, provides petroleum product and crude oil transportation, terminalling, storage and throughput services to the petroleum industry, including subsidiaries of HF Sinclair Corporation.

ONE Carmel - The Luxury Real Estate Project of DL Holdings in North America Bay Area - Officially Started

Retrieved on: 
Tuesday, August 23, 2022

SAN FRANCISCO, Aug. 23, 2022 /PRNewswire/ -- On August 15, 2022, ONE Carmel, the luxury real estate investment project of DL Holdings in the San Francisco Bay area of California, held a groundbreaking ceremony.

Key Points: 
  • SAN FRANCISCO, Aug. 23, 2022 /PRNewswire/ -- On August 15, 2022, ONE Carmel, the luxury real estate investment project of DL Holdings in the San Francisco Bay area of California, held a groundbreaking ceremony.
  • We will preserve and rebuild the memory and glory of Carmel Valley, September Ranch, and make ONE Carmel a new link between people.
  • This will be a new starting point and a new start for DL's investment in North America," Ms.
  • Crystal Jiang, the founder of DL Holdings and ONE Carmel, said when delivered the ceremonial speech.