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Shanghe County: Geothermal Resources Fuel Revitalization of Diverse Industries
Globenewswire· 2025-10-29 16:21
JINAN, China, Oct. 29, 2025 (GLOBE NEWSWIRE) -- On Oct. 28, a media group participating in the "International Media Tour of Shandong: Jinan Segment," organized by the Information Office of Jinan Municipal People's Government, visited Shanghe County in Jinan. They gained an in-depth understanding of the county's innovative practices in using its geothermal resources as a catalyst to promote the integrated development of multiple industries. A Media Snippet accompanying this announcement is available by clic ...
Interim Report Q3 2025
Globenewswire· 2025-10-29 16:21
Company Announcement No. 8 - 2025to Nasdaq Copenhagen 2025.10.29 Interim Report 3rd Quarter 2025 In the third quarter of 2025, AO achieved revenue of DKK 1,465.2m, EBITDA of DKK 98.2m, and EBT of DKK 51.9m. Revenue development was in the high end of expectations. A high level of activity resulted in both organic and acquisitive growth. Like-for-like sales maintained the momentum from the third quarter of 2025. Organic revenue growth, adjusted for acquisitions, was 8.8% for the quarter. Reported revenue gro ...
CORRECTION – Solana Company Announces Updated SOL Holdings and Industry Leading Staking Yield
Globenewswire· 2025-10-29 16:20
Core Insights - Solana Company (NASDAQ: HSDT) has updated its holdings of Solana (SOL) tokens and cash as of October 29, 2025, reporting a total of over 2.3 million SOL, an increase of approximately 0.1 million since the last update on October 6, 2025 [1][3] - The company holds over $15 million in cash and stablecoins, which will be utilized to further its digital asset strategy [3] - The average gross staking yield for October was reported at 7.03% APY, outperforming the stake-weighted average of the top 10 validators by approximately 36 basis points [4][5] Company Strategy - The company's strategy focuses on maximizing SOL per share through disciplined execution of its digital asset treasury strategy, which includes capital deployment and active on-chain management [2][5] - Solana Company aims to develop a compounding vehicle that grows intrinsic value through disciplined capital allocation and long-term alignment with the Solana network's success [5][6] - The company integrates capital markets access, on-chain management, and long-term staking to compound SOL-denominated returns, providing a structured and regulated channel for investors [6][10] Market Position - Solana is recognized as one of the fastest-growing blockchain networks, processing over 3,500 transactions per second and maintaining approximately 3.7 million daily active wallets [5] - The network is a leader in transaction revenue and user adoption, offering an estimated 7% native staking yield, positioning SOL as a financially productive asset for long-term treasuries [5]
Netcompany releases long-term targets
Globenewswire· 2025-10-29 16:16
Core Points - Netcompany has updated its long-term financial targets ahead of the Interim Report Q3 2025 release on 30 October 2025 [1] - A detailed discussion on strategic initiatives and financial targets will take place during the Capital Markets Day on 31 October 2025 [1] Financial Targets - The company aims for long-term organic revenue growth of between 5% and 10% through any business cycle [3] - An adjusted EBITDA margin above 20% is targeted to be achieved by 2029 [3] - Dynamic cash redistribution will be implemented through share buyback programs and dividends of all free cash flow before any acquisitions, while adhering to leverage targets [3] - The completion of a DKK 2 billion share buyback program is expected by 2026, as originally introduced in 2023 [3] - The company aims to maintain a leverage ratio below 1x [3]
Chijet Announces Effective Date of Share Consolidation
Globenewswire· 2025-10-29 16:12
Core Viewpoint - Chijet Motor Company, Inc. will implement a 100-for-1 share consolidation of its ordinary shares effective November 3, 2025, which aims to increase the market price per share [1][5]. Share Consolidation Details - The shareholders approved the share consolidation at the annual general meeting on September 24, 2025, allowing for the consolidation of class A and class B ordinary shares [2]. - The consolidation will convert every 100 class A ordinary shares with a par value of US$0.003 into one class A ordinary share with a par value of US$0.3, and similarly for class B shares [2]. - The exact consolidation ratio will be determined by the board of directors within the approved range [2]. Trading and Administrative Aspects - The class A ordinary shares will begin trading on a consolidation-adjusted basis on the Nasdaq Capital Market starting November 3, 2025, with a new CUSIP number assigned [3]. - The share consolidation will affect all issued and outstanding ordinary shares uniformly, and no action is required from shareholders holding shares in book-entry form or through brokers [4][6]. Company Overview - Chijet Motor Company focuses on the development, manufacture, sales, and service of traditional fuel vehicles and new energy vehicles (NEVs) [7]. - The company operates a large modern vehicle production base in Jilin, China, and is constructing a factory in Yantai, China, dedicated to NEV production [7]. - The management team comprises industry veterans with extensive experience in various fields including engineering, design, and financial management [7].
Sydbank, Arbejdernes Landsbank and Vestjysk Bank publish merger documents
Globenewswire· 2025-10-29 16:00
Company Announcement No 52/2025Peberlyk 46200 AabenraaDenmarkTel +45 74 37 37 37Fax +45 74 37 35 36Sydbank A/SCVR No DK 12626509, Aabenraasydbank.dk29 October 2025 Sydbank, Arbejdernes Landsbank and Vestjysk Bank publish merger documents On 27 October 2025 Sydbank A/S (“Sydbank”), Aktieselskabet Arbejdernes Landsbank (“Arbejdernes Landsbank”) and Vestjysk Bank A/S (“Vestjysk Bank”) announced that they have entered into an agreement to merge the three banks (“the Merger”). Reference is made to Sydbank’s C ...
Star Bulk Carriers Corp. Announces Publication of 2024 Environmental, Social and Governance (ESG) Report
Globenewswire· 2025-10-29 16:00
Core Viewpoint - Star Bulk Carriers Corp. has published its 2024 Environmental, Social and Governance (ESG) Report, marking its seventh annual publication, which outlines the company's sustainability strategy, performance, and future goals [2][3]. Company Overview - Star Bulk is a global leader in dry bulk shipping, providing seaborne transportation solutions for major and minor bulk commodities, including iron ore, minerals, grain, bauxite, fertilizers, and steel products [4]. - The company was incorporated in the Marshall Islands in 2006 and is headquartered in Athens, Greece. Its common stock trades on the Nasdaq Global Select Market under the symbol "SBLK" [4]. - As of the release date, Star Bulk owns a fleet of 142 vessels with a total capacity of 14.2 million deadweight tons (dwt), including various types of vessels such as Newcastlemax, Capesize, Kamsarmax, and Ultramax [4]. ESG Report Highlights - The 2024 ESG Report emphasizes measurable progress towards long-term ESG objectives, supported by detailed action plans and sustainability-focused Key Performance Indicators (KPIs) [2]. - The report is developed in accordance with Global Reporting Initiative (GRI 2021) standards and Sustainability Accounting Standards Board (SASB) for Marine Transportation (2023), aligning with the United Nations' Sustainable Development Goals (SDGs) [3]. - Specific GRI disclosures and SASB indicators have received limited assurance from EY in Greece, reinforcing the company's commitment to transparency and accountability in its ESG practices [3]. Leadership Statement - CEO Petros Pappas stated the company's mission is to be a reliable partner in global trade while leading the transition towards a more sustainable maritime future [3].
Organizations can achieve greater productivity and employee engagement with improved performance management, new research finds
Globenewswire· 2025-10-29 15:57
AI and skill integration are enhancing the performance management processNEW YORK, Oct. 29, 2025 (GLOBE NEWSWIRE) -- WTW (NASDAQ:WTW), a leading global advisory, broking and solutions company, found that almost half of organizations believe performance management optimization would significantly increase productivity, yet most programs lack clarity and effectiveness. The study also found that more organizations are using AI and integrating skills as part of their performance management process. According to ...
Eik fasteignafélag hf.: Interim Financial Statement for the First Nine Months of 2025
Globenewswire· 2025-10-29 15:47
Core Insights - The company reported strong growth in revenue and EBITDA for the first nine months of 2025, with operating revenue reaching ISK 9,296 million, a 9.2% increase year-on-year [4][5] - The company has updated its outlook for 2025, expecting operating revenues between ISK 12,360 and 12,610 million, with rental income estimated between ISK 10,650 and 10,870 million [13][14] Financial Performance - Operating revenue for the first nine months was ISK 9,296 million, with rental income contributing ISK 7,980 million, reflecting a real growth of 5.1% year-on-year [4] - EBITDA for the period was ISK 5,968 million, marking a 7.8% increase compared to the previous year [5] - Profit before income tax was ISK 4,755 million, and total profit for the period was ISK 3,804 million [5] - The Net Operating Income (NOI) ratio was 72.6%, slightly down from 73.4% in the same period of 2024 [6] Balance Sheet Overview - Total assets amounted to ISK 163,349 million, with investment properties valued at ISK 152,811 million [7] - The company's equity was ISK 53,071 million, resulting in an equity ratio of 32.5% [7] - Total liabilities were ISK 110,278 million, with interest-bearing liabilities at ISK 88,360 million [8] - The loan-to-value ratio was 55.7% at the end of the period [9] Real Estate Portfolio - The company signed a purchase agreement for all shares in Festing hf., which includes properties totaling approximately 43,000 square meters [10] - The occupancy rate improved to 95.6%, an increase of 2.0 percentage points from the beginning of the year [11] - The company signed lease agreements for nearly 30,500 square meters during the first nine months [12] Updated Outlook - The company expects a 2025 occupancy rate between 94-95% and anticipates annual rental income to increase by ISK 470 - 510 million once the target occupancy is achieved [15][16] - The updated outlook does not include income or expenses from Festing hf.'s properties for 2025 [14] Organizational Changes - A new organizational structure was announced to enhance customer service and streamline communication, reducing the executive management team from seven to four members [17]
Telitacicept Demonstrates Sustained Efficacy and Favorable Safety Profile in 48-Week China Phase 3 Open-Label Extension Generalized Myasthenia Gravis Data
Globenewswire· 2025-10-29 15:01
Core Insights - Telitacicept has shown significant improvement in quality of life for patients with generalized myasthenia gravis (gMG), with 100% of patients achieving a ≥2-point improvement in Myasthenia Gravis Activities of Daily Living (MG-ADL) after 48 weeks [1][2] - The drug demonstrated sustained efficacy and a favorable safety profile, suggesting it may have a global best-in-disease profile for gMG [1][2] Study Results - In the 48-week open-label extension (OLE) study, patients on telitacicept achieved a mean reduction of -7.5 points in MG-ADL, while those who crossed over from placebo achieved a -6.3 point reduction [6] - At week 48, 96.2% of continuous telitacicept patients and 90.2% of crossover patients reached a ≥3-point improvement in MG-ADL [6] - The mean change in Quantitative Myasthenia Gravis (QMG) was -9.8 for continuous patients and -9.3 for crossover patients, with 94.2% and 90.2% achieving a ≥5-point improvement, respectively [6] Mechanism of Action - Telitacicept is a recombinant fusion protein that selectively inhibits BLyS (BAFF) and APRIL, two cytokines crucial for B cell and plasma cell survival, thereby reducing autoreactive B cells and autoantibody production [5] Regulatory Status - Telitacicept is already approved in China for systemic lupus erythematosus (SLE), rheumatoid arthritis (RA), and generalized myasthenia gravis (gMG) [7] - A global Phase 3 clinical trial for gMG is currently ongoing across 14 countries, aiming for potential approval in the United States, Europe, and Japan [7] Disease Context - Generalized myasthenia gravis (gMG) is a rare autoimmune neuromuscular disorder affecting approximately 90,000 people in the United States, 140,000 in Europe, and 29,000 in Japan, characterized by muscle weakness due to autoantibodies [8]