AIGC-Blockchain Integrated Solutions Enhances Copyright Protection
AI Databank Revolutionizes Big Data Management and Analysis
ICT-MiiND(TM) MarketPlace Platform Unleashes a New Experience with Intelligent Solutions

HONG KONG, May 17, 2024 - (ACN Newswire) - CITIC Telecom International CPC Limited (“CITIC Telecom CPC”), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883) is pleased to announce that its two AI-driven Innovative solutions " AIGC-Blockchain Integrated Solutions " and "AI Databank” have honored with two innovation awards from industry contests in Mainland China and Asia Pacific respectively. These two awards affirm CITIC Telecom CPC's “Innovation Never Stops” vision and pursuit of excellence, showcasing the outstanding achievements of its innovation team in DICT technologies, while demonstrating its “AI+ Cloud Network Security” integrated platform capabilities, staying ahead of the curve with its international strategic position.

The 2 industry awards are：

• AIGC-Blockchain Integrated Solutions won “XuperCore Open Source Blockchain Innovation Competition – Second Prize in Innovation Application Challenge”
• AI Databank is honored by “CW Innovation Awards APAC 2024” organized by Computer Weekly

Mr. Ivan Lee, Vice President of Information Technology Services and Data Science of CITIC Telecom CPC, said, “We are honored to receive these two innovation awards in recognition of our commitment to pushing the boundaries of innovation and developing excellent solutions. The awards are also a testament to our team's dedication to innovation, deep expertise, perseverance, and determination to breakthrough and transform cutting-edge concepts into innovative solutions, while integrating AI elements into enterprise solutions to redefine technologies and optimize “Cloud, Network, Intelligence, Security” services. As a pioneer in embracing the DNA of innovation and DICT technologies, CITIC Telecom CPC will continue to foster its commitment to technological innovation, enhance its core competitiveness, empower enterprises to accelerate their digital transformation journey through the “Go Global” and “Attract Foreign Investment” strategy, creating values for customers, driving them towards achieving high-quality development.”

AI Empowers Copyright Protection - Blockchain-based AIGC Multimedia Digital Watermarking Solution

CITIC Telecom CPC’s Research and Development team participated in XuperCore Open Source Blockchain Innovation Competition jointly organized by OpenAtom Foundation, Industry and Information Technology Department of Jiangsu and Baidu Online Network Technology (Beijing) Co., Ltd, clinching the second prize in Innovation Application Challenge with its AIGC-Blockchain Integrated Solutions. This provincial competition requires participating teams to apply blockchain scenarios in their innovative solutions as submission entries. CITIC Telecom CPC integrates blockchain and digital watermarking technologies to develop a copyright protection solution for AI Generative Content (AIGC) works, providing highly-efficient and reliable solutions for AIGC's copyright management and regulatory compliance needs.

Enhances Copyright Protection and Monitoring Capabilities to Address Local Compliance Requirements

With the rapid development of AIGC applications, the demand for copyright protection, data privacy and regulatory compliance has increased around the world. Several countries and industries have formulated and proposed different policies on AI generative content. AIGC-Blockchain Integrated Solutions utilize the uniqueness of Nonce value in blockchain transactions to generate digital watermarks and embed it into AIGC works to enable the decoupling of copyright information and digital watermark being recorded in blockchain while interoperating with each other to ensure copyright protection and fast tracking. This solution has broad applications particularly for AI generative multimedia content platforms, supporting multiple types of AI generative works (photos, videos, audios, etc.) and facilitating quick copyright certification as well as improving monitoring efficiency. The solution can also work with smart assistants to record and limit data access through smart contracts on blockchain, raising the security and credibility of large models.

XuperCore Open Source Blockchain Innovation Competition – Second Prize in Innovation Application Challenge

AI Empowers Real-time Data Analysis - AI Databank Boosts Efficiency of Data Management, Analysis and Report Generation

As a revolutionary solution, CITIC Telecom CPC’s AI Databank leverages a powerful AI platform to address the pressing need for efficient data management, analysis and report generation. This solution simplifies report generation, optimizes resource allocation, and saves a lot of time and costs, providing an integrated platform across industries to formulate more effective and precise operations strategies.

Not only does AI Databank integrate fragmented data from various business systems (such as CRM and ERP) to provide data management and report generation functions, it also utilizes advanced large-scale language model technology to implement intelligent analysis and mining of data. Users can efficiently interact with the platform, swiftly retrieving data through dialog-based data queries facilitated with the Intelligent Report Assistant powered by natural language processing. The platform provides users and management with different dimensions of business data queries, which include raw data queries and various data charts for precise analysis. AI Databank can also generate associated questions based on user questions to increase the efficiency of data retrieval and analysis, enabling users and management to have in-depth research on data trends and risk analysis, and making accurate deployment and marketing strategies. In the future, the platform will be simultaneously integrated with external systems to collect more big data and effectively provide customer profile analysis, helping frontline sales teams better understand customer needs and preferences.

ICT-MiiND™ MarketPlace Unleashes a New Experience with Intelligent Solutions

CITIC Telecom CPC has been committed to empower enterprises to create an "Intelligence Operations Journey" by providing intelligent solutions to assist their business development and enhance competitive advantages. New digital platform "ICT-MiiND™ MarketPlace" is launched by CITIC Telecom CPC to allow customers to further explore different intelligent solutions. The platform provides different solutions powered by big data, AI, blockchain and other technologies, helping enterprises achieve digital and intelligent transformation in an efficient way. The unique experience of the platform inspires customers to explore innovative thinking in every aspect of their operational journey and unlock hidden potentials in operational efficiency and cost optimization.

ICT-MiiND™ MarketPlace provides technical demonstrations and scenarios of various intelligent innovative solutions in four major categories:

Natural Language Processing (NLP): Voice Recognition, Key Message Informaton Extraction, Smart Data Analysis Assistant
Computer Vision: Facial Recognition, Travelling Invoice Recognition
Network Security: AI Security Toolbox, AI Information Security Situational Awareness Platform & AI Security Visualization Solution
Operational Research: AI Rostering, AI Equipment Predictive Maintenance, AR Remote Hand Service, Intelligent Data Analysis Application
Mr. Ivan Lee added, “AI+ Cloud Network Security is the key focus area of CITIC Telecom CPC. Our Research and Development team leverages AI technologies and cloud network security capabilities to innovate a wide range of intelligent solutions and provide seamless experience and scalable architecture to accelerate digital transformation across industries, creating a profound impact and value for both industries and the community.”

About CITIC Telecom CPC

We are CITIC Telecom International CPC Limited (“CITIC Telecom CPC”), a wholly-owned subsidiary of CITIC Telecom International Holdings Limited (SEHK: 1883), serving multinational enterprises the world over by addressing their specific ICT requirements with highly scalable tailored solutions built upon our flagship technology suites, comprising TrueCONNECT™ private network solutions, TrustCSI™ information security solutions, DataHOUSE™ cloud data center solutions, and SmartCLOUD™ cloud computing solutions.

With the motto “Innovation Never Stops,” we leverage innovative technologies, embracing AI, AR, Big Data, IoT, and other cutting-edge emerging technologies to transform technical potential into business value for our customers. As an enterprise digital transformation partner, we strive to help our customers achieve industry-leading positions, high agility, and cost-efficiency through digitalization.

With our Global-Local capabilities, we are committed to providing our customers with one-stop-shop ICT solutions with superior quality. Having a worldwide footprint across nearly 160 countries and regions, including Asia, Europe and America, Africa, the Middle East, and Central Asia, our global network resources connect nearly 170 points of presence (POPs), 60+ SDWAN gateways, 21 Cloud service centers, 30+ data centers, and three dedicated 24x7 Security Operations Centers (SOCs). We are certified with a series of international certifications, including SD-WAN Ready, ISO 9001, 14001, 20000, 27001, and 27017, to ensure our services compliance with international standards and resources for enterprises. We offer local professional services, superior delivery capabilities as well as exceptional customer experience and best practices through our global presence and extensive industry know-how, becoming a leading integrated intelligent ICT service provider to enterprise customers.

For more information, please visit www.citictel-cpc.com

Media Contacts:
Catherine Yuen
CITIC Telecom CPC
(852) 2170 7536
Email: catherine.yuen@citictel-cpc.com

Affirms readiness for traceability moves by Europe and the world

BANGKOK, May 17, 2024 - (ACN Newswire) - Sri Trang Agro-Industry PCL (SET: STA) has begun delivering EUDR rubber in May this year to several major branded tire manufacturers in Europe, South Korea, China and other countries, reinforcing the Company’s readiness to support the European measures to trace back the origin of natural rubber – the procedures are expected to come into force by the end of this year. Similar measures are also set to be implemented by countries in other regions around the world in the near future.

Mr. Veerasith Sinchareonkul, Managing Director & Executive Director of Sri Trang Agro-Industry Public Company Limited (STA), the world’s leader and largest integrated natural rubber business operator and Thailand’s largest rubber glove manufacturer, announced that, in April-May 2024, the Company has begun to deliver natural rubber complaint with EUDR (EU Deforestation Regulation) to customers who placed their orders by May 2024. STA’s “Traceable Natural Rubber (GPS)” commands higher selling prices than most other sources, with customers consisting of many nationalities from Europe, South Korea, China and other Asian countries where there is a demand for EUDR rubber to be processed into products that will be exported to countries in the European Union in response to upcoming EUDR enforcement expected by the end of 2024. The EUDR will regulate the export of natural rubber and products processed from natural rubber to Europe, requiring traceability verification to ensure that the sources of natural rubber are not involved in deforestation and are not an encroachment of forested areas.

Mr. Veerasith Sinchareonkul, STA's Executive Director & Managing Director

Currently, the Company is fully ready to export all types of EUDR rubber, such as latex concentrates, rubber blocks, rubber sheets, etc., This readiness results from ongoing preparations to support these measures. More importantly, the database management system has been developed in collaboration with farmers and rubber dealers to identify land designated for rubber plantations. This system inputs data into the “Sri Trang Friends” application allowing 100-percent traceability of rubber sources. Additionally, the launch of “Traceable Natural Rubber (GPS)” enables direct tracing of produce back to its origins. These initiatives demonstrate the Company’s full readiness to comply with the EUDR requirements from Europe, as well as from other regions in the near future for full traceability of the sources of natural rubber.

“We have been preparing in advance for some time for the exportation of EUDR rubber to countries in the European Union or their trading partners. Our operations place full emphasis on the policy that prioritizes environmental, society, and good corporate governance, together with our stance on conducting business sustainably and transparently, and in compliance with regional regulations. The Traceable Natural Rubber (GPS) will enhance the competitiveness of the Sri Trang Group of Companies while also elevating Thailand’s standards on rubber production above those of other countries’. This initiative will also open up the opportunity to increase Thailand’s trade advantage and leverage higher prices for Thailand-sourced rubber,” Mr. Veerasith added.

Released by Public Relations Dept., MT Multimedia Co., Ltd. for Sri Trang Agro-Industry PLC
For additional information, please contact: Wasana "Jeab" Wongsiri
Tel: +66 84 359 0659, +66 2 612 2081 ext.131; E: wasana.w@mtmultimedia.com

About Sri Trang Agro-Industry PC

Sri Trang Agro-Industry PCL (STA) was established in 1987. With determination and intention, STA has grown and become a fully integrated natural rubber company. For the upstream business, the Company invested in large-scale rubber plantations and currently has an area of 7,500 hectares for rubber and other economic crop plantations in 19 provinces of Thailand. As the world's largest fully integrated producer and distributor of natural rubber, STA is committed to growing in lockstep with the economic development of the local communities of Thailand.

Sri Trang Agro-Industry PCL: www.sritranggroup.com/en/home [SET: STA][SGX: NC2][FRA: YTAA][OTCPK: SLJUY]

HONG KONG, May 17, 2024 - (ACN Newswire) - In the dynamic world of personal grooming, Raytech Holding (Nasdaq: RAY) emerges as a shining star, dedicated to enhancing consumer lifestyles through its innovative range of personal care electrical appliances. Since its inception in 2013, this Hong Kong-based company has garnered over 10 years of industry experience, positioning itself as a leading player in the market.

Exciting news hit the market as Raytech listed on the Nasdaq on May 15, under the symbol “RAY”, a testament to its remarkable achievements and future potential. To support its growth ambitions, the company has raised $6 million through an initial public offering of 1.5 million shares.

The company excels in sourcing and wholesaling Japan Pure Beauty-branded personal care and lifestyle electrical appliances for international brand owners. Its extensive product portfolio covers a diverse range of categories, including hair styling appliances, trimmers, eyelash curlers, and more. However, the company’s true expertise lies in sourcing and wholesaling hair dryers, where it offers a remarkable selection of salon-quality devices with advanced protective and styling features, as well as compact designs perfect for travel.

Strong and Long-Term Relation with Key Client

Raytech has forged a formidable and enduring alliance with its Japanese client, a leading corporation specialized in small appliance market that’s been operating for over 300 years since 1716, and is renowned as one of the top 10 sellers in terms of retail volume in Japan's thriving personal care electrical appliance market that commands a prominent position within the industry.

This partnership has proven to be a financial powerhouse, with the Japanese client. making substantial contributions to Raytech's revenue. In both the fiscal years ending on March 31, 2023, and 2022, The Japanese client's involvement accounted for a remarkable 91.3% and 97.8% of Raytech's total revenue, respectively.

Raytech's unwavering dedication to cultivating enduring business relationships is exemplified by its longstanding association with the Japanese client. Leveraging its extensive experience and expertise in the personal care electrical appliances industry, Raytech consistently delivers exceptional products and services, earning the unwavering trust and confidence of the client.

The partnership with the Japanese client not only solidifies Raytech's market position but also presents a gateway to boundless growth and expansion. Euromonitor International's study conducted in December 2023 revealed intriguing insights that the Japanese market presents ample opportunities for expansion, innovation, and improved consumer experiences in the personal care appliance industry. Overall sales value of personal care electrical appliances in Japan experienced a significant 10.8% increase in 2023. This growth was driven by higher average unit prices and enhanced product features, particularly in the hair care segment.

Raytech is also actively seeking to expand its market share in other markets including the United States, Europe, and Asia as the global market for personal care electrical appliances has witnessed remarkable growth, surging to a size of US$22.9 billion in 2023.

Enormous Market Growth Potential

Forecasts from IMARC Group indicate that the market will continue its upward trajectory, reaching a projected value of US$35.9 billion by 2032, with a compound annual growth rate (CAGR) of 5% during the period of 2024-2032.

The positive outlook for this market can be attributed to a multitude of factors. The industry has benefited from the significant growth of the electronics sector, coupled with rapid urbanization worldwide. Furthermore, changing consumer lifestyles and an increased emphasis on personal health and hygiene have been key drivers of market expansion. A growing trend among male consumers to maintain beards and experiment with hairstyles has led to a surge in demand for shavers and trimmers. In response, manufacturers have introduced innovative products that minimize damage to hair and skin over prolonged use.

In this dynamic landscape, Raytech has emerged as a leading player, revolutionizing personal grooming experiences. With a steadfast commitment to excellence, profound market expertise, and an unwavering dedication to customer satisfaction, Raytech has established itself as a trusted partner for international brand owners. its extensive range of personal care electrical appliances, with a special focus on hair dryers, effectively meets the diverse needs of consumers worldwide.

Exceptional and Comprehensive Services Validates Stable Financial Performance

What sets Raytech Holding apart is its unwavering commitment to providing value-added services. With a team of highly skilled professionals boasting a collective industry experience of 16 years, the company not only assists customers in sourcing and production processes but also offers product design and development collaboration. its ability to anticipate consumer preferences and deliver technical recommendations ensures that the personal care electrical appliance products they create are tailor-made to meet the unique needs of brand owners.

Therefore Raytech’s success is underpinned by its in-depth understanding of this competitive market landscape, which helps brand owners navigate the challenges and unlock new opportunities for growth. Through its extensive market knowledge, Raytech empowers partners to thrive in the ever-evolving personal care electrical appliance industry.

In return, the company has demonstrated a commendable financial performance, characterized by a stable cash flow. In the fiscal year ending on March 31, 2023, Raytech exhibited strong financial performance, generating HKD45.52 million (equivalent to US$5.80 million) in revenue and net income of HKD6.29 million (equivalent to US$0.80 million), resulting in positive cash flow of HKD10.96 million (equivalent to US$1.40 million) from operating activities.

Similarly in the fiscal year 2022, the company generated HKD45.11 million in revenue and a net income of HKD9.44 million, which led to Raytech’s robust cash flow of HKD8.23 million from operating activities.

These consistent and impressive cash flows underscore Raytech's sound financial management practices and its ability to generate favorable returns. The company's solid financial performance positions it well for future growth and success in the market, highlighting its financial stability and prudent operational strategies.

Looking ahead, Raytech aims to extend its business operations beyond Hong Kong, targeting the promising markets of the United States, Europe, and Asia. To support its ambitious expansion plans, the company intends to increase investments in the sales and marketing function, particularly in the U.S., Europe, and Asia markets.

As Raytech embarks on its journey to new markets, its unwavering commitment to customer satisfaction, proactive marketing efforts, and strategic resource allocation will continue to contribute to its success in the highly competitive personal care electrical appliances industry. By becoming a U.S.-listed public company and broadening its customer base, while establishing a strong presence in key regions, Raytech is well-positioned to realize its vision and achieve sustainable growth.

Media Contact
Raytech Holding Ltd.
Andrew Ling
Email: ling@raytech.com.hk
Website: www.raytech.com.hk/
Telephone: +852 2117 0236