Luxshare Precision Announces 2025 Interim Results, IPO in Hong Kong Further Expands Global Competitiveness

September 3, 2025

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 3 September 2025 – Luxshare Precision (002475.SZ) released its 2025 Interim Report at the end of last month. Under the complex and ever-changing global economic environment, the company still maintained a steady growth. The report shows that the company achieved growth in both revenue and profit in the first half of the year: operating income reached RMB 124.503 billion, a year-on-year increase of 20.18%; net profit attributable to shareholders reached RMB 6.644 billion, a year-on-year increase of 23.13%; basic earnings per share were RMB 0.92. Luxshare Precision also issued a performance forecast for the third quarter of 2025, anticipating a 20%-25% year-on-year increase in net profit for the first three quarters of the year. The report stated that the company will accelerate its diversified business strategy deployment, continuously increasing R&D investment and market penetration in cutting-edge fields such as AI intelligent terminals, optoelectronic high-speed interconnection products, and automotive intelligent electronics.

The three major business sectors grew in coordination, all achieving year-on-year increases.

Nowadays, Luxshare Precision has established a strategic framework for the coordinated development of its three major business segments: Consumer Electronics, Communications and Data Center, and Automotive Electronics.

The consumer electronics segment, serving as the company’s revenue foundation, performed steadily. It achieved income of RMB 97.799 billion in the first half of 2025, a year-on-year increase of 14.32%. As the consumer electronics industry enters a new innovation cycle driven by AI, Luxshare Precision has successfully introduced multiple new product projects and continues to deepen cooperation with customers in emerging fields, such as AR/VR, consumer-grade 3D printing and robotics. On July 19, the Luxshare Robotics Headquarters Base project commenced construction, aiming to put into operation by the end of 2025. Once fully operational, it is expected to generate an annual output value of RMB 10 billion.

The communications and data center sector achieved revenue of RMB 11.098 billion in the first half, a year-on-year increase of 48.65%. The company possesses deep technological accumulation in data centers, providing customers with products and services ranging from high-speed copper cable interconnection (DAC/ACC, etc.), high-speed backplane connectors to high-speed optical modules, and integrated “copper, optical, electrical, thermal” solutions. Currently, multiple high-speed, high-value-added products from Luxshare Precision are being delivered in batches.

The automotive electronics also performed well, achieving income of RMB 8.658 billion, a significant year-on-year increase of 82.07%. The Tier 1 automotive business has gained recognition from multiple global mainstream automakers. Currently, the automotive business is in a rapid development phase, having established vertical integration capabilities from key automotive components to functional modules and system integration. Its product portfolio continues to enrich, and the customer base is continuously expanding.

Strategic acquisitions of two companies in the first half of the year to enhance diversified deployment

In the first half of the year, through a series of strategic acquisitions, Luxshare Precision continued to strengthen its technological capabilities and market position. At the beginning of the year, Luxshare Precision announced the acquisition of all shares in certain subsidiaries of Wingtech Technology. Through this acquisition, Luxshare Precision can expand its ODM scale and competitiveness. Leveraging Wingtech’s over 20% market share in the global mobile phone ODM market, it can provide vertical integrated ODM services to leading downstream brands, such as Samsung and Xiaomi. In July, Luxshare Precision’s Singapore subsidiary completed the acquisition of a 50.1% stake in Leoni AG，the century-old German automotive wiring harness company. Along with 100% ownership of its wholly-owned subsidiary Leoni K. Leoni’s global production bases will provide localized production capacity support, enabling Luxshare Precision to effectively enter the supply chains of global top-tier automakers.

Submitting Hong Kong IPO application to ride the tailwind of international capital markets

Notably, Luxshare Precision officially submitted a listing application to the Hong Kong Stock Exchange on August 18, 2025, marking a key step in its international strategic expansion. The Hong Kong IPO is expected to enable the company leverage the power of international capital markets to further enhance its global production capacity layout.

According to Frost & Sullivan, Luxshare Precision ranks fourth globally and first in mainland China in the Precision Intelligent Manufacturing Solutions (PIMS) industry, with leading positions in all its major business sectors, including Consumer Electronics, Automotive Electronics, and Communications & Data Centers. Among global PIMS providers, Luxshare Precision possesses the most comprehensive and diversified product portfolio. Through its continuous outstanding performance, the company was awarded “Fortune Global 500” for three consecutive years from 2023 to 2025. The company plans to use the raised funds to expand production capacity and upgrade existing production bases, invest in technological R&D, and high-quality targets in upstream/downstream or related industries. As globalization and intelligent transformation continue to advance, Luxshare Precision is expected to create greater value for global customers through multiple business sectors and global operations.

Hashtag: #LuxsharePrecision

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

Body found in search for missing man, Thames

LiveNews Publisher

September 3, 2025

Source: New Zealand Police

Police searching for missing man Jared have located a body in the Coromandel area.

The body was located yesterday evening while searching near the Coromandel Peninsula.

While formal identification is yet to take place, it is believed to be that of the missing 35-year-old.

Police’s thoughts and sympathies go out to his family during this difficult time.

The matter will be referred to the Coroner.

ENDS

Issued by Police Media Centre

MIL OSI

McLaren Racing Announces Trend Micro as an Official Partner of the McLaren Formula 1 Team

MIL OSI

September 3, 2025

Source: Media Outreach

HONG KONG SAR – Media OutReach Newswire – 3 September 2025 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, has been named an Official Partner of the McLaren Formula 1 Team for the remainder of the 2025 season and beyond.

Trend is helping fast-paced organisations like McLaren Racing stay ahead of threats by safeguarding operational systems and sensitive data, and ensuring operations remain secure.

Matt Dennington, Co-Chief Commercial Officer at McLaren Racing: “It is fantastic to have Trend join the McLaren Formula 1 Team as an Official Partner. Their expertise was invaluable when supporting the team in electric racing and we’re excited to build on that strong foundation as we head into this next chapter together.”

Cybersecurity is a critical part of modern motor sports, where milliseconds and data can make all the difference. The partnership continues to bring two brands with innovation at the heart of what they do and a commitment to securing evolving and fast-paced environments.

Kevin Simzer, Chief Operating Officer at Trend: “Partnering with McLaren Racing is more than just a sponsorship, it’s about shared mindset. We are both committed to being the best in our industries, pushing the boundaries of innovation with an eye for speed, security, and customer-first experiences that drive lasting impact. We’re excited to take this journey together and what it means to stay ahead of the curve and lead with confidence in a fast-moving world.”

As part of the partnership, Trend will engage customers and partners through a series of unique, high-touch moments throughout the Formula 1 season, combining world-class hospitality with access to the McLaren team and opportunities for deeper conversations around cybersecurity innovation and leadership – all designed to deliver the full Trend Experience.

https://www.trendmicro.com
https://www.linkedin.com/in/trend-micro-hong-kong-96353768/
https://twitter.com/trendmicroamea
https://www.facebook.com/tmhk1989/

Hashtag: #trendmicro #McLaren #McLarenRacing #McLarenF1

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

Energy Sector – Electricity Authority lodges formal complaints over alleged Code breaches

LiveNews Publisher

September 3, 2025

Source: Electricity Authority

The Electricity Authority Te Mana Hiko (Authority) has lodged two separate formal complaints with the Rulings Panel alleging a breach of the Electricity Industry Participation Code 2010 (Code) by grid owner Transpower and retailer South Pacific Energy Limited.

The Code sets out the duties and responsibilities for all participants in New Zealand’s electricity industry. The Authority can enforce compliance with the Code to ensure improved industry practice.

The complaint against Transpower as grid owner alleges it applied incorrect protection settings on 14 February 2023 in breach of clause 4(4)(a)(ii) of Technical Code A, Schedule 8.3 of the Code.

The Authority lodged this complaint because the grid owner appears to have made a conscious decision not to address the risks identified with its asset; the potential operational and security impact could have been greater if the trip event had occurred on a larger grid connection point; and the Authority aims to prevent similar incidents happening in the future.

The complaint against South Pacific Energy alleges the retailer failed, on a number of occasions in 2024 and 2025, to meet payment deadlines and made deposits in incorrect accounts in breach of clauses 14A.6(2), 14.31(1)(a) and 14.32(1) of the Code.

The Authority lodged this complaint because South Pacific Energy, based on the number of alleged Code breaches, did not exercise due care and consideration for payment obligations; the breaches indicate a history of non-compliance which has an operational impact on the clearing manager; and the Authority aims to prevent the risk of recurrence.

The Rulings Panel is an independent body that determines breaches of the Code and may make appropriate remedial orders under section 54 of the Electricity Industry Act 2010.

If the Rulings Panel upholds a complaint, it has the power to make remedial orders against industry participants. Remedial orders include pecuniary penalties, compliance orders, compensation orders, and private and public warnings or reprimands.

Under the Electricity Industry (Enforcement) Regulations 2010, the total liability for an asset owner in breach of Part 8 of the Code (including both pecuniary penalties and compensation orders) is limited to $2 million. The liability limit applying to other industry participants in breach of Part 14 of the Code is limited by the Electricity Industry Act 2010 to a pecuniary penalty not exceeding $2 million and a further amount not exceeding $10,000 for every day or part of a day during which the breach continues.

More detail

The full details of the complaints are detailed in the following notices:

MIL OSI

MyRepublic Launches AI Automation Box, An Industry-First Plug-and-Play AI Server That Lets SMEs Automate Their Business

MIL OSI

September 3, 2025

Source: Media Outreach

SINGAPORE – Media OutReach Newswire – 3 September 2025 – MyRepublic today announced the launch of the AI Automation Box, a plug-and-play AI automation server designed for small and medium-sized enterprises (SMEs). The solution enables businesses to deploy and manage AI-powered workflows quickly and cost-effectively, without requiring dedicated engineering resources or external consultants.

MyRepublic AI Automation Box

MyRepublic’s AI Automation Box is a self-contained automation engine intended for organisations with 20 to 200 employees. It enables businesses to streamline operations, automate manual processes, and establish AI-driven workflows in a matter of days.

“The AI Automation Box is like having your own private AI lab, but it fits in your office and works out-of-the-box,” said Lawrence Chan, Managing Director and Chief AI Officer at MyRepublic. “We built this so any business, not just tech startups, can start automating like a Fortune 500 company.”

MyRepublic’s AI Automation Box combines an intuitive no-code/low-code workflow builder with the flexibility of custom coding, giving businesses the ability to design and deploy automations with ease. It comes equipped with self-hosted large language models (LLMs) from providers such as OpenAI, Meta, and DeepSeek, supported by enterprise-grade GPU hardware for reliable, high-performance execution.

To accelerate adoption, the solution includes a library of over 100 ready-to-use templates, tutorials, and access to the MyRepublic AI Academy, alongside a spreadsheet-like no-code database that allows users to build and manage data-driven applications through a familiar interface.

The solution is targeted at business owners, operations managers, and lean IT teams that require automation without heavy reliance on consultants or large-scale infrastructure. Typical applications include customer service, reporting, invoicing, and Human Resources automation.

AI technologies have traditionally been associated with high costs, complexity, and large enterprise adoption. The MyRepublic AI Box addresses these challenges by providing an integrated, on-premise solution that includes the necessary tools for automation. It operates without reliance on cloud subscriptions, vendor lock-ins, or extensive technical training, starting from $255/month.

“We’re taking what was once an enterprise luxury and making it an SME essential,” added Imran Nazi, Head of ICT. “The AI Automation Box is not just a product. It’s a movement to make automation a standard tool for every business.”

Discover MyRepublic’s AI Automation Box: https://myrepublic.net/sg/business/ai-automation-box/

https://myrepublic.net/sg/
https://www.linkedin.com/company/myrepublic
https://x.com/myrepublic
https://www.facebook.com/MyRepublicSG/
https://www.instagram.com/myrepublicsg/

Hashtag: #MyRepublic #AIAutomationBox #AIForSMEs #AIForBusiness #AIMadeSimple

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

Aon Study Highlights Strategic Wellbeing Imperatives for Chinese Insurers to Build Capability and Address Medical Inflation Costs

MIL OSI

September 3, 2025

Source: Media Outreach

Only one-third of insurers in China provide mental health services, despite rising demand
Fifty percent of insurers see personalisation as key to the success of health and wellbeing programs

SINGAPORE – Media OutReach Newswire – 3 September 2025 – Aon plc (NYSE: AON), a leading global professional services firm, released insights from its inaugural 2025 Insurer Wellbeing Benchmarking Report offering a comprehensive analysis of the health and wellbeing services provided by insurers across mainland China. The report highlights both the breadth of services available and the critical gaps that remain in delivering measurable health outcomes and employee satisfaction.

The report is based on a survey of 12 insurers and evaluates over 600 data points across 10 key wellbeing domains, including telemedicine, mental health, employee assistance programs (EAPs), health screenings and case management.

The report reveals that the health insurance market is projected to exhibit a compound annual growth rate of 7.4 percent from 2024 to 2032. Additionally, the Chinese Government has introduced initiatives like Healthy China 2030 to ensure universal health security, emphasising preventive care and wellness programs. Increased market competition has required insurers to enhance efficiency and implement cost containment measures with 92 percent of insurers providing customisation support for clients with more than 1,000 employees.

“The China health insurance market is experiencing significant growth, driven by the increasing prevalence of chronic diseases and supportive government policies,” said Susan Fanning, head of wellbeing solutions for APAC at Aon. “Insurers are expanding their offerings and rethinking how they deliver care — moving beyond traditional coverage to focus on prevention, personalisation and measurable outcomes. This report highlights the urgency for insurers to evolve their wellbeing strategies, build stronger partnerships, and use data more effectively to meet employee needs and manage costs.”

Key highlights:

· Telemedicine: China’s most impactful digital health tool

Eleven out of 12 insurers have telemedicine options, making it the most widely adopted and effective service in reducing outpatient claims. Sixty-seven percent report measurable savings (0.5 percent to 5.1 percent), with services including 24/7 general physician access, chronic disease management and e-prescriptions. Despite strong ROI, only 40 percent offer telemedicine via annual subscription — highlighting a missed opportunity for scalable cost control.

· EAPs: Widely available, modestly used

While 66 percent of insurers offer EAPs, utilisation remains low, with only 10 percent of those corporates using them. Integration with other health services and more frequent HR engagement are needed to boost impact.

· Mental health: Underserved and underutilised

Only one-third of insurers provide mental health services, despite rising demand and high risk of mental health issues among employees. Utilisation is under 10 percent for 75 percent of policyholders and only 25 percent of programs are localised for cultural relevance.

· Health screenings: High potential, low ROI

Although five out of 12 insurers offer health screenings, none reported direct claims savings. Gaps in post-screening follow-up and reporting hinder their effectiveness in driving long-term health improvements.

· Case and specialist management: Critical Gaps

Less than half of insurers offer case management or specialist programs. Notably, there are no specialist programs for cancer, cardiovascular disease, gastrointestinal conditions or skin disorders — despite their prevalence.

Top Wellbeing Products and Services Offered

Virtual consultations with healthcare providers
Wellbeing workshops and seminars
Onsite health clinics
EAP
Physical wellbeing programs/mental health support

Nina Yu, head of Health Solutions for China at Aon, said, “China’s health insurance market is one of the most dynamic in Asia. Our findings reveal the enormous potential of customised benefits programmes in increasing the utilisation of these plans and reducing health inflation costs. The findings underscore a clear opportunity: insurers and employers must collaborate more closely, use data analytics and digital platforms to tailor benefits, improve access and drive measurable outcomes.”

“To position themselves as best-in-class employers, companies must move beyond offering services to strategically implement targeted, culturally relevant programs that meet evolving employee needs and help bend the medical cost curve,” Yu added.

Read more about Aon’s offerings in China here.

Hashtag: #Aon

The issuer is solely responsible for the content of this announcement.

– Published and distributed with permission of Media-Outreach.com.

Cardrona Valley Road, Wānaka, closed

LiveNews Publisher

September 3, 2025

Source: New Zealand Police

Cardrona Valley Road, south of Wānaka, is closed due to a serious crash.

At around 4pm emergency services received reports of the multiple-vehicle crash.

Police are in attendance and diversions are being set up.

Initial reports suggest that there are serious injuries.

Motorists should delay or avoid travel through the area if possible.

ENDS

MIL OSI

Statement on FRB/asbestos

LiveNews Publisher

September 3, 2025

Source: Worksafe New Zealand

3 September 2025

On 30 June 2025, WorkSafe was notified of a potential health risk involving imported materials, which may contain asbestos, used in the production of fire safety doors.

In response, we alerted the Ministry of Business, Innovation and Employment (MBIE), which is coordinating with other government agencies, and commenced a targeted health and safety response.

WorkSafe inspectors conducted urgent assessments at two companies — one of which was Pacific Door Systems Ltd (PDS). As a result, PDS sites in Wellington and Timaru were closed temporarily while they safely removed any asbestos-containing material and have since received independent clearance certificates and deemed safe for workers to return. Since then, we have conducted a number of site visits with different companies where we have been notified of similar concerns.

As the work health and safety regulator, WorkSafe’s role is to influence businesses and workers to ensure their work is healthy and safe. We also work with businesses and organisations to ensure they understand their obligations under the Health and Safety at Work Act 2015 and, in this context, relevant asbestos regulations.

We continue to provide advice to companies and end-users concerned about their staff being exposed to asbestos, to consult an Occupational Medicine Physician or equivalent specialist. These professionals are best equipped to assess, educate, and support workers who may have been exposed to asbestos-related health risks. We also continue to advise companies that have any concerns regarding the safe storage, handling and disposal of asbestos-containing materials or products.

For further guidance, we recommend referring to the following resources:

MIL OSI

Health – IHC welcomes disability change

LiveNews Publisher

September 3, 2025

Source: IHC

IHC is welcoming today’s announced changes to the disability system that will make it more consistent, transparent, sustainable and fair.

The Government has announced a raft of changes that include consistency for Needs Assessments across the country and greater flexibility for individualised funding while holding firm on Enabling Good Lives principles.

IHC’s Director of Advocacy Tania Thomas says this is a big step forward for the sector and it’s great to see that more work has been done to make sure disabled people, their families and carers have a system they can trust and is easy to use.

“The announcement that in 2026 purchasing guidelines, including March 2024 amendments to them, will no longer apply is likely to go some way to helping some to rebuild trust,” says Tania.

“Under the new approach, flexible funding users will have more choice and control but will need to keep their spending within their budget.”

Minister Louise Upston also stated that longer-term work is being done to strengthen the disability support system to reflect the Enabling Good Lives vision and principles.

“Giving disabled people and their families and carers more clarity, certainty, flexibility, and choice is a welcome move,” says Tania. “But it’s a waiting game to understand the detail around how the new approach will make a positive change in the lives of people with disabilities.

“There is still more information to come about the new personal plans, purchasing rules, and what this means for individual people with intellectual disability. We look forward to seeing this in due course.

“We recognise that the changes and earlier announcements support the Enabling Good Lives principles of self-determination and being mana-enhancing.

Earlier this year the Government announced that Disability Support Services would change the way it paid residential service providers. The Community Group Home Pricing Model is simplifying and clarifying the process for residential service providers.

“It is crucial that government continues to prioritise creating spaces for the voice of disabled people in the decision-making processes around key decisions that impact their lives,” says Tania.

These changes are positive, but they come against a backdrop of stark inequality for people with intellectual disability, who are far more likely to live in hardship than other New Zealanders.

Across every measure of deprivation, households with intellectually disabled people are worse off. While the return to greater flexibility is something to applaud, there is still some way to go to address the deep and enduring financial inequities people with intellectual disability experience.

About IHC New Zealand

IHC New Zealand advocates for the rights, inclusion and welfare of all people with intellectual disabilities and supports them to live satisfying lives in the community. IHC provides advocacy, volunteering, events, membership associations and fundraising. It is part of the IHC Group, which also includes IDEA Services, Choices NZ and Accessible Properties.

MIL OSI

Health and Employment – Te Whatu Ora sorry for evading safe staffing data contradicting its claims

LiveNews Publisher

September 3, 2025

Source: New Zealand Nurses Organisation

Te Whatu Ora has today apologised to NZNO for acting “unreasonably” over the release of safe staffing data which contradicts its claims hospitals aren’t short-staffed.

Tōpūtanga Tapuhi Kaitiaki o Aotearoa New Zealand Nurses Organisation (NZNO) strategic researcher Nathalie Jaques says the data shows what members are saying.

“Our members are telling Te Whatu Ora they are understaffed and overworked. They’re saying this is putting patient safety at risk.”

The Care Capacity Demand Management data shows from January to November 2024 day shifts across all wards were understaffed 51% of the time and all evening shifts were understaffed 35% of the time, she says.

The apology follows an investigation by the Ombudsman which found Te Whatu Ora (see findings attached) “unreasonably” delayed and obstructed the release of data about hospital shifts being staffed below recommended safety levels.

In a letter to Nathalie Jaques (also attached), Te Whatu Ora said: “We acknowledge that refusing this request was not appropriate and may have contributed to delays in the important work you are undertaking on behalf of our kaimahi.”

Te Whatu Ora added it was now “proactively strengthening its processes” to ensure it complies with its obligations under the Official Information Act.

NZNO Chief Executive Paul Goulter welcomed the apology as the right thing to do.

The apology comes as more than 36,000 NZNO nurses, midwives, health care assistants and kaimahi hauora will strike again tomorrow (Thursday 4 September).

It is the second time this week NZNO members are walking off the job after Te Whatu Ora failed to address their concerns about patient safety after a year of bargaining.

NZNO members will strike tomorrow from 7am to 11pm on Tuesday and Thursday.

The strike will be a complete withdrawal of labour at every place in New Zealand where Te Whatu Ora provides health care or hospital care services. Life Preserving Services will continue to be provided.

NZNO has been in negotiations with Te Whatu Ora since September 2024 and has engaged in 28 days of talks including as recently as last Wednesday.

Of those 28 days, 13 days were with support from the Mediation Service and three were in facilitation with the Employment Relations Authority.

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