Sewio, a UWB-based real-time location system (RTLS) vendor, announces an exceptional 71% annual billing growth for FY 2022, showcasing its accelerated adoption and recognition as first-time-right technology for Industrial RTLS.
Sewio Record Fiscal Year
Sewio’s remarkable fiscal year witnessed a significant global expansion, with services now available in 15 additional countries, making for a total presence in 45 countries worldwide. This expanded footprint underscores Sewio’s adaptability to various market needs and reinforces the company’s viability as a leader in the RTLS industry.
The company’s solutions have been chosen by several industry giants, with names such as Denso, Volvo, Hyundai, KIA, Witte, Arconic, Engel, and Scania among its valued customers. Furthermore, Sewio’s RTLS technology has been deployed across 1,672,000 square meters of industrial shop floors in FY2022, marking a significant milestone towards the company’s ambitious vision to transform 10,000,000 m2 by 2028.
“Sewio’s unprecedented growth in fiscal year 2022 signifies a pivotal moment in our journey,” said Milan Simek, CEO and Co-founder of Sewio “Our steadfast dedication to providing cutting-edge RTLS solutions has enabled us to enter new markets and strengthen our relationships with both our partners and industry leaders. We remain committed to our mission to create the most efficient and safe environments possible and look forward to another year of innovation and growth.”
Additionally, Sewio has further expanded the world’s largest RTLS partner network, welcoming 20 new partners and increasing the total to 112 with a strong presence of 78 in Europe and 17 in the USA. It remains committed to its customer-centric approach, with the broad partner network allowing clients to select from a pool of unique expertise.
Looking forward, Sewio aims to continue its momentum into its 10th year in the market, focusing on further innovation, growth, and success. The upcoming annual Sewio Summit, scheduled to take place in Prague, Czech Republic this September, will be an exciting platform to explore the future of RTLS and celebrate the company’s achievements.
For more information about Sewio and its suite of RTLS solutions, please visit: https://www.sewio.net/sewios-record-breaking-fiscal-year-7-aspects-of-remarkable-growth-in-fy-2022/
About Sewio Networks
Sewio Networks is a manufacturer of a real-time location system (RTLS) that drives business results for manufacturers, warehouses, distribution centers, OEMs, and more. The Sewio system is built on ultra-wideband technology (UWB) and delivered with RTLS Studio, remote management and visualization software.
By giving partners and customers a precise, easy-to-integrate, reliable and fully scalable IoT solution for indoor location tracking, this enables companies to achieve greater efficiency, profitability and safety. Founded in 2014, Sewio has offices in the USA, UK, Germany and the Czech Republic. Sewio has 100+ system integration partners and powers customers in 45 countries. Sewio customers include Volkswagen, Toyota, Budweiser Budvar, TPCA, Skoda and ENEL. All product and company names herein are trademarks of their respective owners.
Contact Information Petr Passinger CMO petr.passinger@sewio.net +420777144172
Hypebeast Limited (Stock Code: 0150.HK) is the global leading platform for contemporary culture and lifestyle, and a premier destination for editorially-driven news and commerce. The Group announced its annual results for the year ended 31 March 2023 (“FY2023”). The Group recorded revenue growth in FY2023 with revenue amounted to HK$960 million, up from HK$895.6 million in FY2022, representing an increase of HK$64.3 million or 7.2%. Eliminating an one-off professional fee related to the planned merger (the “Merger”), and non-cash operating expenses such as impairment of assets and change in fair value of financial assets at fair value through profit and loss (“FVTPL”), the Group would record adjusted EBITDA of HK$93.1 million and adjusted net profit of HK$27.9 million.
— The Group recorded revenue growth in FY2023, with revenue amounted to HK$960 million, up from HK$895.6 million in FY2022, representing an increase of HK$64.3 million or 7.2%.
— 12-month average website monthly unique visitors (number of users who request webpages across Hypebeast, Hypebae and Popbee platforms in a month) amounted to 18.8 million, representing a 14.6% increase over FY2022.
— Aggregated social media following (defined as the total number of followers on all third-party social media platforms, including but not limited to Facebook, Instagram, Twitter and TikTok) increased by 4.9%, from 32.4 million as at 31 March 2022 to 34.0 million as at 31 March 2023.
Positive forecast on the Media Segment over the long term Under the Media Segment, the Group noted consistent demand for event production and offline partnerships, particularly in Europe and North America. Although the Media Segment in the Asia Pacific region was impacted by COVID-19 related policies in FY2023, with the pandemic and related restrictions drawing to a close, management believes demand in the region will resume growth amongst broader increases in consumer spending and increased demand for media and agency services.
After COVID-19, the Group has identified new ways to connect with niche audiences. The digitalization of advertising has accelerated, resulting in global brands shifting marketing dollars from traditional channels to digital channels. As a result, the Group forecasts a positive effect on the Media Segment with an increase in the number and size of media contracts over the long term, and the future of brand activations to incorporate both live experiences and digital interactions.
The Group has proactively adjusted to the new macroeconomic environment and industry dynamics in the post-COVID era. Our value proposition, centered around immersive media campaigns that blend real-life experiences, omnichannel engagement and digital amplification, remains attractive to global brand partners. The Group continues to see sales growth and new opportunities with clients in expanding categories like alcohol, automobiles, travel, and financial services.
A broadened reach: Expanding user-customer base and footprint In aim to attract and reach a wider user-customer base, the Group continued to develop new editorial properties, particularly into adjacencies such as golf, arts and entertainment, and other content that appeals to our audience. The Group further expanded its regional footprint globally by presenting the cultural festival, BRED Abu Dhabi, which offered fully immersive experiences ranging from fashion and music to art across the site as well as an exclusive retail space. In terms of digital presence, the Group launched Hypebeast Latin America and Hypebeast Africa, where the platforms offered quality contents tailored to the unique interests and preferences of the new regions. To drive the Group’s brand awareness and increase engagement with wider and new users and customers, the Group will continue to explore similar opportunities by curating region specific content, and establishing various offline channels and touchpoints.
The New York Flagship Building: An intersection of Commerce and Media In June 2022, the Group opened its flagship building at 41 Division Street in Manhattan, New York. The flagship location hosts the Group’s HBX retail store, a Hypebeans cafe and multifunctional spaces for cultural activations, events and Media Segment sales campaigns. The space will be a strong accelerator for the Group’s growth in North America and core point of marketing for the E-commerce and Retail Segment, and an attractive venue for Media brand partnership executions. Several high profile sales campaigns and cultural events were hosted at the space during FY2023, and the Group continues to realize its strategy of omnichannel and immersive experiences with retail execution at the New York flagship location.
By integrating its E-commerce and Retail Segment services directly with the compelling and engaging content produced from the Group’s media platforms and its loyal and engaged follower community, the Group continues its cadence in monetizing its wide-reaching and ever-growing follower base by encouraging user conversion. With the ultimate aim to allow the Group’s loyal community of readers to enjoy a seamless shopping experience on an integrated site and mobile app, the Group continued to upgrade and invest on the HBX platform and various back-end platforms to enhance its user journey. The Group remains focused on value-added, return-on-investment driven upgrades to its E-commerce capabilities on broadening its reach and base of customers and enhancing revenue and margin over time.
Hypebeast Ltd. is geographically and strategically well-positioned to capture significant growth opportunities in both its Media, and E-commerce and Retail Segments in its key operating regions, through leveraging the Group’s brand popularity and high-profile networks, particularly, in the U.S., United Kingdom, Mainland China, South Korea, Japan and Southeast Asia.
For further details on the Annual Results performance, visit the Group’s corporate website to view the full results announcement. https://hypebeast.ltd/investors
For investor inquiries, please contact: investors@hypebeast.com
For more information, please contact: media@hypebeast.com
About Hypebeast Ltd. Hypebeast is a leading global platform for contemporary culture and lifestyle, and a premier destination for editorially-driven news and commerce. Founded in 2005, it became a publicly listed media company in 2016, and today boasts a global readership across North America, Asia Pacific, Europe and more. The Group has expanded its publishing brands to a wider scope, encompassing Hypebeast and its multiple content distribution platforms, creative agency Hypemaker, and e-commerce and retail platform HBX. For more information, visit https://hypebeast.ltd/investors.
HTSC (stock code: 6886.HK ; “the Company”), a leading global financial services provider, is pleased to announce the Company’s annual results for the year ended December 31, 2022.
— Revenue for the year was RMB 46.82 billion — Profit attributable to shareholders amounted to RMB 11.05 billion — Total equity attributable to shareholders of the Company grew 11.23% year-on-year to RMB 165.09 billion. — The Company proposed a final dividend of RMB 0.45 per share
The wealth management business reported a revenue of RMB 23.48 billion and continued to account for the majority of the Company’s total revenue of 50.15%. Revenues from the institutional services business and investment management business were RMB 8.13 billion and RMB 2.27 billion, accounting for 17.37% and 4.85%, respectively, of the Company’s total.
The international business segment posted a record revenue of RMB 9.41 billion despite global economic challenges, growing by 19.28% year-on-year and accounting for 20.10% of the Company’s total. During the year, the Company was ranked second as a sponsor amongst Chinese securities companies in Hong Kong by amount.
HTSC’s US subsidiary AssetMark – a leading US turnkey asset management platform (TAMP), with total assets under management of USD 91.47 billion as of December 31, 2022, continued to provide a stable stream of revenue for the Company’s international business. As of the end of the third quarter 2022, AssetMark’s market share in the US TAMP industry was 11.2%, ranking third in the industry. In addition, Huatai International applied to establish a wholly-owned subsidiary in Singapore and received a “no-objection” letter from the China Securities Regulatory Commission (CSRC) in September 2022.
The trading volume of stocks and funds in 2022 amounted to RMB 38.76 trillion, as the Company retained the top spot in the industry. Equity and mixed mutual funds and non-money-market mutual funds sold by HTSC amounted to RMB 122.6 billion and RMB 136.7 billion, respectively, both ranking second in the securities industry. HTSC’s fund advisory service platform had approximately 617,600 users, with the size of authorized assets reaching RMB 13.91 billion. As of the end of 2022, the balance of the margin financing and securities lending business was RMB 112.35 billion, maintaining a market share of 7.29%. “ZhangLe Wealth”, HTSC’s wealth management app, remained the top brokerage app in China with 9.27 million monthly active users in average.
In 2022, the Company completed 81 equity underwriting deals, with principal underwriting for equities amounting to RMB 155.37 billion, ranking fourth in the industry for both the number and volume of transactions. Principal underwriting for bonds amounted to RMB 980.40 billion, as the Company retained the third rank in the industry. The Company advised on nine M&A and restructuring projects that were approved by the CSRC, with a total transaction volume of RMB 165.07 billion, ranking second in the industry for both the number of approved transactions and total transaction volume.
The Company continued to advance its ESG initiatives, taking into consideration the needs of all stakeholders within HTSC’s ecosystem. Last year, the Company received an A rating for ESG from MSCI for the second year in a row, ranking top among Chinese securities companies. In March 2022, the Company, through Huatai Foundation, launched two philanthropic funds totaling RMB 30 million to support rural revitalization and environmental conservation projects, making positive social impact by giving back to the community and promoting sustainable development.
For enquiries, please contact: Citigate Dewe Rogerson Benny Liu Tel: +86 10 6567 5056 Linda Pui Tel: +852 3103 0118 Email: HTSC@citigatedewerogerson.com
The Land Registry (LR) announced today (March 10) a case of suspected lost land instruments containing personal data.
According to a preliminary investigation by the LR, a total of 72 land instruments pending registration were found lost on February 22, of which 10 instruments affecting 21 persons containing personal data of members of the public. These instruments were lodged by government departments to the LR for registration, mainly including Building Order, Satisfaction Letter, Deed of Surrender and Modification Letter issued by the Buildings Department (BD) and Lands Department (LandsD) respectively. All these instruments are public records open for search once registered in the Land Register.
A thorough search was conducted by the LR immediately but in vain. Meanwhile, the LR has reported the incident to the Police and the Office of the Privacy Commissioner for Personal Data. The LR is also notifying persons affected by letter.
“We are very concerned about the incident and extended our sincerest apologies to those persons affected for the inconvenience caused. The LR has always been prudent in handling land instruments submitted for registration in accordance with the Personal Data (Privacy) Ordinance. We believe this to be an isolated incident. We have conducted thorough investigation with improvement measures introduced to avoid recurrence of similar incidents,” a LR spokesman said.
The LR has liaised with the BD and LandsD for rearranging registration of the concerned instruments as soon as practicable.
Persons affected can call the LR on 2867 2881 or 2867 4378 for any inquiry.
Earlier this month, Apple Inc. (AAPL) released earnings for first quarter that decreased from the same period last year and missed Wall Street expectations driven by a combination of a stronger US dollar, global economic malaise, and more strife at its China factories. The Revenue for the quarter fell 5.49% to US$117.15 billion from US$123.95 billion last year, earnings US$1.88 per share, below the US$1.94 expected by market analysts.
Although this is the first revenue decline since 2019, there are also bright spots in Apple’s financial results. On a geographic basis, the revenue in Greater China increased 54.5% from the same period last year to US$23.905 billion, due to the strong sales of new models launched in late September. Apple was the only major smartphone vendor to record month-to-month growth in October, accounting for 25% of the Chinese market, according to Counterpoint Research. With the end of zero-COVID policy, China’s consumer confidence is gradually recovering.
It was reported that Apple sold 26.09 million units of the iPhone 14 series in the first two months after its release. Most of the smartphones are produced in Foxconn’s Zhengzhou factory, Shenzhen factory, Luxshare’s Kunshan factory and Pegatron’s Shanghai factory. Financial Times reported last month that Luxshare was set to secure Apple’s first large order for the high-end iPhone, according to people familiar with the matter. In addition, Luxshare has already been producing small amounts of the iPhone 14 Pro Max since November 2022.
Apple supplier Luxshare Precision released its preliminary 2022 annual results in October last year, noting that its net profit is expected to reach RMB9.55 to RMB9.89 billion, increasing 35%-40% yoy; the net profit attributable to shareholders of the listed company after the one-off gain amounted is expected to reach RMB9.13-9.61 billion, growing 53.26%-59.80% yoy.
Luxshare Precision’s nearly RMB10 billion profit reflects its excellent precision manufacturing capabilities, and considerable insight and forward-looking business presence. It has extended metaverse (AR, VR, and MR), automotive, and communications segments, besides consumer electronics. Another Apple supplier, Shenzhen Everwin Precision Technology, also released its preliminary 2022 annual results last month, expecting its net profit in 2022 to turn a year-on-year profit. Everwin denoted that its new energy segment has grown rapidly and has become a critical point of growth. In addition, more and more Chinese Apple suppliers are seeking diversified development, such as Goertek’s VR segment and Wingtech Technology’s semiconductor segment.
Apple CEO Tim Cook said it has resolved many of those supply problems for now and that there are currently 2 billion active Apple devices in users’ hands worldwide. “We believe the long-term positives outweigh the short-term negatives,” Morgan Stanley’s Erik Woodring thought.
Looking forward, CICC issued a research report stating that recovery will become the theme of the consumer electronics industry. It is also believed that those consumer electronics companies will recover rapidly and regain their high-speed growth in 2023 because of global economic recovery and their diversification strategies.
