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Ezhou Huahu Airport has become China's air cargo hub: international cargo and mail throughput has soared by 261%
Globenewswire· 2025-08-22 03:12
Core Insights - Ezhou Huahu International Airport has established itself as a significant cargo hub in China, with impressive growth in international cargo and mail throughput and flight operations in the first half of 2025 [1][4]. Cargo Performance - In the first half of 2025, the airport's international cargo and mail throughput reached 249,000 tons, marking a year-on-year increase of 261% [1]. - Nearly 6,500 international and regional flights were operated during the same period, reflecting a year-on-year increase of 333% [1]. - As of July 17, 2025, over 60,000 cargo flights have been operated, with total cargo and mail throughput exceeding 2 million tons [1]. Route Network - Huahu Airport has opened 45 international and regional cargo routes, ranking first in central China, and operates 59 domestic cargo routes connecting 54 cities, covering all provincial-level administrative regions and ranking first in the country [4]. - The airport facilitates delivery of goods to domestic destinations within one night and international destinations within two nights, enhancing its role in the Air Silk Road [4]. Operational Efficiency - The airport's strategic location allows access to 90% of China's total economic area within 1.5 hours and major global economies within 8 hours, supporting the rapid distribution of high value-added and time-sensitive goods [5]. - Examples of efficient logistics include the delivery of fresh produce and seasonal delicacies to consumers promptly [5]. Industrial Development - The airport's cargo capacity is a catalyst for local industrial growth, with the Ezhou Airport Comprehensive Bonded Zone recently unveiled and 46 enterprises contracted while 140 have registered [6]. - Over the past three years, 225 projects worth more than 100 million yuan each have been secured around the airport, including 25 advanced manufacturing projects currently under construction [6]. - Biomedical companies are establishing international supply chain centers, and Zhongshi (Hubei) International Logistics Co., Ltd. is investing 200 million yuan in an international freight station [6].
Silvaco Announces CEO Transition
Globenewswire· 2025-08-22 02:02
Core Insights - Silvaco Group, Inc. has appointed Dr. Walden C. Rhines as the new CEO following the departure of Dr. Babak Taheri, who led the company for nearly seven years and oversaw its initial public offering [1][2] - Dr. Rhines expressed confidence in Silvaco's market position and technology offerings, emphasizing the company's potential for growth and shareholder value creation [2][3] Company Overview - Silvaco is a provider of TCAD, EDA software, and SIP solutions that facilitate semiconductor design and digital twin modeling through AI software and innovation [4] - The company's solutions cater to various markets, including semiconductor and photonics processes, automotive, memory, high-performance computing, and 5G/6G mobile markets [4] - Silvaco is headquartered in Santa Clara, California, with a global presence across North America, Europe, Asia, and other regions [4]
Alkane Delivers Profit After Tax of A$33 Million for FY2025
Globenewswire· 2025-08-22 00:56
Financial Performance - Alkane Resources Limited reported a significant increase in gold revenue for the year ended June 30, 2025, totaling A$262.36 million, up 52% from A$172.99 million in the previous year [1] - Gold production rose to 70,120 ounces, a 23% increase from 57,217 ounces in June 2024, driven by higher grade ore and improved recoveries [1] - The company achieved a profit after tax of A$33.04 million, an 87% increase compared to A$17.68 million in the prior year [1] Operational Highlights - The all-in sustaining cost (AISC) for gold production was A$2,561 per ounce [1] - The Tomingley profit before tax increased by 84% to A$60.93 million from A$33.12 million [1] - The merger with Mandalay Resources Corporation was approved by shareholders and became effective on August 5, 2025, positioning the company for future growth [2][3] Cash and Investments - As of June 30, 2025, the company held A$60.3 million in cash, bullion, and listed investments, with A$48.1 million in cash and A$12.2 million in bullion at fair value [2] - The market value of listed investments was A$8.0 million [2] Company Overview - Alkane Resources operates three mines in Australia and Sweden, focusing on gold and antimony production [7][8] - The company is also developing the Boda-Kaiser Project, a large gold-copper porphyry project in New South Wales, with ongoing exploration in the Northern Molong Porphyry Project [9]
Miata Metals Closes Upsized Private Placement of $5.5 million
Globenewswire· 2025-08-22 00:27
Core Points - Miata Metals Corp. has successfully closed a non-brokered private placement offering, issuing 23,913,044 units at a price of $0.23 per unit, resulting in total gross proceeds of $5,500,000 [1][2] Group 1: Offering Details - Each unit consists of one common share and one-half of a transferable common share purchase warrant, with each whole warrant allowing the purchase of an additional common share at an exercise price of $0.40 until August 21, 2027 [2] - The offering was conducted under the listed issuer financing exemption, allowing the securities issued to Canadian residents to be free from resale restrictions [3] - Proceeds from the offering will be allocated for exploration activities on the Sela Creek and Nassau Gold projects in Suriname, as well as for general working capital and corporate purposes [4] Group 2: Finder's Fees and Related Party Transactions - The company paid a total of $165,004 in cash finder's fees and issued 771,410 finder's warrants, which are also exercisable at $0.40 until August 21, 2027 [5] - Two directors and an officer of the company participated in the offering, contributing a total of $121,002, which is classified as a related party transaction [6] Group 3: Company Overview - Miata Metals Corp. is a Canadian mineral exploration company listed on the Canadian Securities Exchange, OTCQB, and Frankfurt Exchanges, focusing on the acquisition, exploration, and development of mineral properties [7] - The company holds a 70% interest in the Sela Creek Gold Project and a 70% beneficial interest in the Nassau Gold Project, both located in Suriname's greenstone belt [7]
Regional Health Properties Reports Second Quarter & Six Month 2025 Financial Results
Globenewswire· 2025-08-21 21:30
Core Viewpoint - Regional Health Properties, Inc. has reported its financial results for the second quarter of 2025, highlighting a strategic transition towards direct operation of facilities and the completion of a transformative merger with SunLink Health Systems, Inc. [2][5] Financial Results for Q2 2025 - Total revenue for the second quarter of 2025 was $10.1 million, with a GAAP net loss of $1.4 million and an EBITDA loss of $406,000. Adjusted EBITDA was reported at $456,000 [3][19]. - For the six months ended June 30, 2025, total revenue reached $17.2 million, with an Adjusted EBITDA of $964,000 [7]. Business Highlights - The company now directly operates 50% of its facilities, which enhances control and alignment with strategic objectives [2]. - The average occupancy rate in June 2025 was 66.8%, the highest in over a year, and the Meadowood facility's memory care unit maintained a stabilization rate of 93% occupancy [7]. - A management contract was entered into with CJM Advisors to manage facilities in South Carolina and Georgia [7]. Merger Details - The merger with SunLink was completed on August 14, 2025, with each five shares of SunLink common stock converted into 1.1330 shares of Regional common stock and one share of Regional Series D preferred stock [6][5]. - The combined company will continue to operate under the name Regional Health Properties, Inc. and will be led by Brent S. Morrison as President and CEO [7][8]. Balance Sheet and Liquidity - As of June 30, 2025, the company had $49.9 million in net assets, with a weighted-average annual interest rate of 5.0% and a weighted-average maturity of approximately 16 years [4][16]. - Net cash provided by operating activities for the six months ended June 30, 2025, was $805,000 [4].
ROHM Releases a New Compact PFC + Flyback Control Reference Design for Power Supply Solutions
Globenewswire· 2025-08-21 21:30
Core Viewpoint - ROHM Semiconductor has launched a new reference design (REF67004) that integrates analog-digital hybrid control technology to manage two types of power converters, enhancing efficiency in consumer and industrial power supply applications [1][3]. Group 1: Product Overview - The REF67004 reference design controls a Critical Conduction Mode PFC converter and a Quasi-Resonant Flyback converter, providing a regulated DC output of 24V from an AC input range of 85V to 264V [5][6]. - This design is part of ROHM's LogiCoA™ Power Supply Solution, which combines analog-controlled power stages with digitally managed circuits using low-power LogiCoA MCUs [1][3][8]. Group 2: Market Context - There is a growing demand for higher reliability and precise control in power supply applications, which traditional analog-only configurations struggle to meet [2]. - Fully digital power supplies, while offering fine control, have seen limited adoption in small to medium power ranges due to high costs and power consumption [2]. Group 3: Features and Benefits - The REF67004 includes a calibration function for high-precision voltage configuration and overcurrent protection, allowing for reduced design margins and the use of more compact power devices [6]. - It features a logging function that enables the storage of operational data in non-volatile memory, facilitating the identification of power supply failures [7]. - The design supports easy configuration and retrieval of power control parameters via PC, enhancing user experience and operational efficiency [7]. Group 4: Future Developments - ROHM plans to expand its lineup of power supply reference designs to support a variety of power topologies, further aiding customer development in power supply solutions [10][12].
Premier Health Reports 2025 Third Quarter Results
Globenewswire· 2025-08-21 21:09
MONTRÉAL, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Premier Health of America Inc. (TSXV: PHA) (the “Company”), a leading Canadian Healthtech company, announces it has filed its unaudited Quarterly Consolidated Financial Statements and MD&A for its third quarter ended on June 30, 2025. Highlights(in thousands of Canadian dollars)June 30, 2025(3 months)June 30, 2024(3 months)June 30, 2025(9 months)June 30, 2024(9 months)Revenues</str ...
Parker Declares Quarterly Cash Dividend and Updates Share Repurchase Authorization
Globenewswire· 2025-08-21 21:00
CLEVELAND, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Parker Hannifin Corporation (NYSE: PH), the global leader in motion and control technologies, today announced that its Board of Directors has declared a regular quarterly cash dividend of $1.80 per share of common stock to shareholders of record as of September 2, 2025. The dividend is payable September 12, 2025. This is the company's 301st consecutive quarterly dividend. Parker has increased its annual dividends per share paid to shareholders for 69 consecutive ...
Mayfair Acquisition Corp. Announces It Will No Longer Make Takeover Bid for Gold Basin Resources Corporation and Canex Metals Inc.
Globenewswire· 2025-08-21 21:00
VANCOUVER, British Columbia, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Mayfair Acquisition Corp. (TSXV: MFA.P) (“Mayfair” or the “Company”) announces that it no longer intends to make a takeover bid for the outstanding securities of Gold Basin Resources Corporation (“Gold Basin”) and Canex Metals Inc. ("Canex"). The representatives of Discovery Group, being John Robins, Jim Paterson, and Darren Klinck, who were supporting Mayfair’s bid originally announced on March 20, 2025, have agreed to support the formal takeov ...
LKQ Corporation Appoints Automotive Industry Leader John Mendel as Chairman of the Board
Globenewswire· 2025-08-21 21:00
Guhan Subramanian Retires as Chairman and Intends to Retire from the Board on January 1, 2026ANTIOCH, Tenn., Aug. 21, 2025 (GLOBE NEWSWIRE) -- LKQ Corporation (Nasdaq: LKQ) (“LKQ” or the “Company”) today announced that John Mendel has been elected as Chairman of the Board of Directors (the “Board”), effective immediately. This follows Guhan Subramanian’s decision to step down as Chairman this month and to retire from the Board on January 1, 2026. Mr. Subramanian has agreed to remain on the Board for the dur ...