VANCOUVER, British Columbia, Oct. 22, 2025 (GLOBE NEWSWIRE) -- Precore Gold Corp. (CSE: PRCG) (the “Company” or “Precore Gold”) is pleased to announce that further to its news releases of August 21, September 9, September 18, 2025 and October 3, 2025, it has closed the second and final tranche (the “Second Tranche”) of its previously-announced non-brokered private placement (the “Private Placement”). The Second Tranche consisted of 2,081,662units of the Company (the “Units”) at a price of C$0.18 per Unit fo ...

Core Insights - The article highlights the strong performance and strategic initiatives of Wuliangye during the "14th Five-Year Plan" period, showcasing its resilience and commitment to high-quality development in the face of industry challenges [1][2]. Revenue and Profit Growth - Wuliangye achieved steady revenue and net profit growth from 2021 to 2024, with revenues of 662.09 billion, 739.69 billion, 832.72 billion, and 891.75 billion yuan, reflecting year-on-year growth rates of 15.51%, 11.72%, 12.58%, and 7.09% respectively [2] - Net profits for the same period were 233.77 billion, 266.90 billion, 302.11 billion, and 318.53 billion yuan, with year-on-year growth rates of 17.15%, 14.17%, 13.19%, and 5.44% respectively [2] Product Innovation and Market Strategy - Wuliangye launched new products and optimized its product structure to cater to diverse consumer needs, maintaining a stable market share in the premium segment [3] - The company reported a sales revenue of 491.19 billion yuan in the first half of 2025, with direct sales contributing 211.95 billion yuan and distribution channels 279.25 billion yuan [3] Dividend Policy and Shareholder Returns - Wuliangye maintained a high dividend payout, distributing over 100 billion yuan annually from 2021 to 2024, totaling 668.41 billion yuan over four years [4] - The company announced a shareholder return plan for 2024-2026, committing to a minimum cash dividend of 70% of net profit and at least 200 billion yuan annually [5] Sustainable Development Initiatives - Wuliangye is committed to sustainable development, aiming for a "zero-carbon" brewery by 2030, with plans for 100% green electricity usage in brewing facilities [6] - The company has implemented a digital traceability system to ensure raw material quality and enhance farmer income through cooperative models [6] Digital Transformation and Internationalization - Wuliangye has made significant strides in digital transformation, winning awards for its data-driven projects that enhance operational efficiency and decision-making [7] - The company is accelerating its internationalization strategy, aiming for global market expansion to become a key growth driver in the next 5 to 10 years [7][8]

Core Insights - Appian Capital Advisory Limited, in collaboration with the International Finance Corporation (IFC), is launching a $1 billion fund focused on critical minerals and mining projects in emerging markets [1][3][5] - The fund aims to support responsible and impactful mining projects essential for energy supply and future technologies, particularly in Africa and Latin America [3][4][5] Fund Structure and Investment Focus - The fund will be managed by Appian and will invest alongside existing Appian funds, targeting equity, credit, and royalty investments in the mining sector [3][5] - All investments must comply with IFC's strict performance and environmental, social, and governance (ESG) standards [3][5] Initial Investment and Project Details - The fund's first investment will be in the Santa Rita nickel-copper-cobalt mine in Brazil, which is transitioning to underground mining and is expected to produce approximately 30,000 tons of nickel equivalent annually [3][4][5] - The Santa Rita mine has a lifespan exceeding 30 years and is owned by Appian's wholly-owned subsidiary, Atlantic Nickel [3][4] Significance of the Fund - This fund is the first of its kind focused on mining investments in emerging markets, aiming to provide funding across all project stages and promote economic growth and social benefits in host countries [4][5] - The collaboration between IFC and Appian marks a significant partnership in the mining sector, with Appian managing approximately $5 billion in assets and a team of over 100 experienced professionals [4][6] Broader Impact and Goals - The fund is designed to create strong financial returns while enhancing development outcomes, promoting job growth, and improving community infrastructure [5][6] - Appian's CEO emphasized the importance of mining in driving sustainable economic growth and creating lasting benefits for local communities, particularly in regions with urgent development needs [6]

Group 1 - The core task for China's economic development is to optimize the fiscal expenditure structure, shifting focus from housing and infrastructure to the improvement of people's livelihoods [2][4] - The current GDP final consumption ratio is approximately 55%, with a target to increase it to 65% over the next three to five years to stimulate consumption [2] - The development philosophy should move away from a "GDP-first" mentality, emphasizing a people-centered approach to development [2] Group 2 - Fiscal policy should prioritize direct financial support to those in need, such as through targeted subsidies or consumption vouchers [4] - The relationship between economic development and improving people's livelihoods is fundamental, with a focus on addressing real needs and reducing income disparities [5] - Employment creation should be a priority, with a focus on providing more job opportunities for youth and addressing the challenges faced by low-income groups [5] Group 3 - There is a need for a balanced fiscal budget, with strict adherence to approved budgets to ensure effective implementation [3] - Local governments should tailor their fiscal policies based on specific regional employment challenges, focusing on stabilizing and expanding job opportunities [7] - Social security systems require strengthening, with an emphasis on compliance with mandatory contributions to ensure adequate coverage [7] Group 4 - The current challenges for enterprises include difficulties in sales due to insufficient demand, necessitating a focus on expanding demand as a key strategy [8] - The establishment of a unified national market requires accurate market assessments to identify surplus and shortage areas, ensuring timely policy responses [9] - The concept of "anti-involution" should focus on identifying and penalizing unfair competition while protecting legitimate competitive practices [9][10]

Core Insights - The trading association reported the issuance of ESG debt financing tools in the first three quarters of 2025, highlighting a total of 222 green debt financing tools issued, amounting to 205.794 billion yuan, making it the largest in the green corporate credit bond market [1] Group 1: Issuance Overview - In the first three quarters, green debt financing tools were issued across 24 provinces and regions, including Beijing, Guangdong, Jiangsu, and Tianjin, with funds primarily allocated to clean energy, infrastructure upgrades, and energy-saving projects [1] - A total of 10 private enterprises issued 15 green debt financing tools, raising 7.325 billion yuan [1] - Nine issuers made their debut in the interbank market through green debt financing tools, with a total scale of 5.164 billion yuan [1] Group 2: Product Types - There were 53 carbon-neutral bonds issued, totaling 52.894 billion yuan, expected to achieve an annual CO2 reduction of 7.1613 million tons and energy savings of 3.4826 million tons [1] - A total of 32 sustainable development-linked bonds (SLBs) were issued, amounting to 22.302 billion yuan, focusing on performance targets such as gas extraction utilization, renewable energy usage, and water supply network leakage rates [1] - Two transition bonds were issued, totaling 3 billion yuan [1] Group 3: Carbon Asset Financing - The issuance of carbon asset debt financing tools is gaining traction, with four tools issued in the first three quarters, amounting to 1.7 billion yuan [2] - The primary issuers are energy sector companies, utilizing structures that link floating interest rates to carbon asset revenues [2]

Financial Data and Key Metrics Changes - Revenue for Q3 2025 was $2.458 billion, an increase of $120 million or 5.1% year over year, exceeding expectations [15][20] - Adjusted EBITDA for Q3 was $830.3 million, up 5.4% year over year, with an adjusted EBITDA margin of 33.8%, reflecting a 10 basis point increase year over year [19][20] - Core pricing increased by 6.3% in Q3, leading to an expected full-year core pricing of approximately 6.5% [15][20] Business Line Data and Key Metrics Changes - Roll-off pulls were down 1% year over year, while rates per pull increased by 2% [17] - Landfill tons increased by almost 3%, with municipal solid waste (MSW) tons up 2% and special waste tons up 10% [17] - E&P waste revenues increased by 7% year over year, driven by the production-oriented R360 Canada business [18] Market Data and Key Metrics Changes - Volumes were down 2.7%, reflecting a purposeful shedding of low-margin contracts and sluggishness in cyclically exposed activities [15][20] - The southern region continued to experience mid-single-digit declines, while markets like Florida and Texas showed less negative trends compared to previous quarters [17] Company Strategy and Development Direction - The company is focused on acquisition activity, with approximately $300 million in annualized revenues either closed or under definitive agreement year to date [10] - An 11.1% increase in the regular quarterly cash dividend was authorized, marking the 15th consecutive annual double-digit increase since 2010 [10] - Long-term investments in technology and infrastructure are being made to enhance productivity and efficiency, with a focus on data analytics and customer experience [14][34] Management's Comments on Operating Environment and Future Outlook - Management expressed confidence in delivering the full-year 2025 outlook, assuming no further headwinds [4][20] - For 2026, the company anticipates mid-single-digit revenue growth driven by price-led organic growth in solid waste, with adjusted EBITDA margin expansion expected [21][22] - The company is optimistic about the benefits of higher employee retention and engagement, which have positively impacted financial results [12][13] Other Important Information - The company has achieved significant progress in sustainability targets, including a 19% reduction in emissions and improved safety metrics [11][12] - The Chiquita Canyon landfill closure is being managed effectively, with ongoing remediation efforts showing positive results [46][48] Q&A Session Summary Question: Can you discuss the performance of the E&P business in Q3 and its outlook? - Management noted strong performance in the production-oriented segment, with a sequential increase in the Canadian business due to a remediation job, suggesting a run rate adjustment of $10 million for future projections [27] Question: What is the expected impact of RNG investments on EBITDA? - Management indicated that there would be no material incremental RNG revenue or EBITDA in 2025, with benefits expected to materialize more significantly in 2027 [28] Question: How do you view the pricing strategy for 2026? - The company expects to need less price increase in 2026 compared to 2025, with a target price-cost spread of 150 to 200 basis points [40][42] Question: What are the expectations for free cash flow in 2026? - Management highlighted that the timing of capital expenditures and green CapEx will inform free cash flow expectations, with a potential $50 million benefit from lower green CapEx [43] Question: Can you provide an update on the Chiquita Canyon remediation obligations? - Progress is being made in the remediation efforts, with a reduction in leachate handling and a significant decrease in odor complaints, although outlays are running ahead of expectations [46][48] Question: What is the outlook for volumes heading into next year? - Management indicated that while volumes have been flattish, there are signs of improvement, and the company is not expecting significant contract expirations that would impact volumes negatively [51][76]

Core Viewpoint - The article highlights the significance of the "Zero Carbon Mission International Climate Summit" held in Beijing, marking the tenth anniversary of the Paris Agreement and the fifth anniversary of China's "dual carbon" goals, emphasizing the need for global climate action and cooperation [1][10]. Group 1: Summit Overview - The summit will take place on October 23-24, 2023, at the Phoenix Center in Beijing, gathering experts from various sectors including government, enterprises, and environmental organizations to discuss innovative solutions for global climate justice and carbon reduction [1][10]. - The summit has evolved into a significant pre-COP platform, attracting over 200 guests and nearly 70 participating companies, facilitating dialogue on climate action [1][10]. Group 2: Organizers and Support - The summit is organized by Phoenix TV, Rocky Mountain Institute (RMI), and WWF, with support from various institutions including the SEE Foundation and CFA Institute [3]. - Gree Electric Appliances is a partner for the event, and Pnuts.AI will provide AI translation support [3]. Group 3: Forum and Discussions - The summit will feature an opening forum and two sub-forums, focusing on sustainable investment as a key driver for high-quality development and green finance [4]. - A "2025 Green Development Annual Tribute" award ceremony will recognize top ESG-rated companies and key clean technologies, promoting industry benchmarks for sustainable practices [4]. Group 4: Keynote Speakers and Topics - Notable speakers include experts from various fields who will deliver keynote speeches on global cooperation and just transition strategies, contributing diverse insights into climate governance [8]. - A roundtable discussion will follow, featuring representatives from academia and industry to explore actionable collaborations for climate action [8]. Group 5: Project Highlights - A sub-forum titled "Towards Zero Carbon: Heavy-Duty Trucks in Action" will showcase preliminary findings from a project analyzing the performance of new energy heavy-duty trucks over a week-long operational tracking [8].

据《每日经济新闻》记者不完全统计，截至10月21日，近三年至少有659家公司成立可持续发展/ESG(环 境、社会和治理)委员会。从财务与股价表现来看，多数成立ESG相关委员会的上市公司表现更佳：近8 成公司年内股价上涨；其中上纬新材涨幅最高，达1287.04%，华建集团（600629）、涛涛车业 （301345）紧随其后，涨幅分别为359.39%、277.62%。2025年中期近六成公司业绩上涨。 全文请见：A股超659家公司设立ESG委员会，有公司年内股价最高暴涨12倍 对于设立了ESG相关委员会的公司股价/业绩仍表现不佳的情况，北京大学汇丰商学院长聘副教授、汇 丰金融研究院副院长李荻向记者分析表示，有些企业的ESG实践仍停留在形式层面，主要为应对外部压 力，未能实质落地。这种形式主义导致ESG难以发挥风险管控与价值提升的作用，无法形成良性循环， 自然也难以转化为实际的股价或投资回报提升。 ...

Core Viewpoint - The China Securities Regulatory Commission has announced the revised "Corporate Governance Guidelines for Listed Companies," which will take effect on January 1, 2026, emphasizing the establishment of sustainability committees in companies [1]. Group 1: Establishment of ESG Committees - As of October 21, at least 659 companies in the A-share market have established sustainability/ESG committees over the past three years, with private enterprises making up over half of this number [2][3]. - The distribution of companies establishing ESG committees includes 332 private companies (50.38%), 147 local state-owned enterprises (22.31%), and 115 central state-owned enterprises (17.45%) [3][4]. - ESG committees are generally positioned as strategic advisory bodies to the board, focusing on long-term development strategies, major investment decisions, and sustainable development [4]. Group 2: Financial and Stock Performance - Among the 659 companies with ESG committees, nearly 80% have seen their stock prices rise this year, with the highest increase exceeding 12 times [2][6]. - The average market capitalization of these companies is approximately 37.5 billion yuan, with China Mobile, Industrial Fulian, and BYD being the top three companies by market cap [6][7]. - In terms of revenue growth, 367 companies reported year-on-year increases in 2024, representing 55.69% of the total, while this number rose to 389 companies (59.03%) in the mid-2025 report [9][10]. Group 3: Return on Equity (ROE) Analysis - In 2024, 555 companies reported a positive ROE, accounting for 84.22%, with notable performers including Jinbo Biological, Zhengdan Co., and Dongpeng Beverage [12][13]. - The number of companies with positive ROE increased to 565 (85.74%) in the mid-2025 report [12][13]. - The establishment of ESG committees is correlated with improved financial performance, although some companies still exhibit poor results due to superficial implementation of ESG principles [14].

Core Insights - Cardiff Oncology, Inc. (NASDAQ: CRDF) has experienced significant stock declines this year, with mid-double-digit losses, but has recently seen some recovery with late single-digit gains as it approaches its Q3 2025 earnings call [1] Company Performance - The stock of Cardiff Oncology has faced a challenging year, marked by substantial losses, yet it has shown signs of recovery in the past month [1] Analyst Background - Gamu Dave Innocent Pasi, a financial professional with extensive experience in investment research and analysis, emphasizes the importance of financial inclusion, sustainability, and ESG principles in investment decision-making [1]