Media OutReach
IVD Medical Holding (01931.HK) Acquires 20.31% Stake in GoFintech Quantum for HK$3.142 Billion, Building a New Frontier in the On-Chain Financial Ecosystem
This acquisition is a significant step for IVD Medical in advancing its RWA (Real World Asset) exchange strategy and achieving ecosystem synergy. It marks a key step for the company in digital finance and cross-sector integration.
I. Powerful Alliance: Building a New Landscape of Industrial and Financial Synergy
Deepening Capital Synergy to Empower High-Quality Development
This transaction involves two listed companies, each with a market capitalization exceeding HK$15 billion, creating a deep bond through equity ties. Upon completion of the transaction, the combined total assets of the Group and the target company will exceed HK$11 billion, further enhancing its capital strength and financing capabilities. The target company possesses extensive resources and license advantages in traditional finance (including licenses for Types 1, 4, 6, and 9 regulated activities). IVD Medical is expected to leverage this opportunity to broaden its capital channels, optimize capital allocation, and build a more resilient and interconnected capital ecosystem. The Company will also deeply engage in the strategic management and resource allocation of the target company through appointment of directors and participation in corporate governance, comprehensively improving capital utilization efficiency and business development capabilities.
Significant Business Synergy, Jointly Promoting the Development of the RWA Ecosystem
Since July 2025, IVD Medical has been continuously promoting the development of an exchange ecosystem centered around RWA. The Target Company also has investments in RWA and stablecoins, and the two parties possess significant synergy potential in areas such as technical architecture, asset on-chain integration, and compliant issuance. Through this collaboration, the Company will accelerate the substantive implementation of its RWA strategy and achieve a closed-loop ecosystem from asset management to trading.
Integrating Industry Resources to Build an Innovative Collaborative Network
As a fully licensed technology and financial platform based in Hong Kong, backed by the Greater Bay Area, and oriented internationally, the Target Company has accumulated extensive resources in the convergence of quantum computing, artificial intelligence, and blockchain. It co-founded the “Hong Kong Digital Asset Listed Companies Association” and proposed a “Five-in-One” RWA development strategy. It has already partnered with numerous companies and will collaborate with IVD Medical to further expand asset types and collaboration paths, accelerating the development of the RWA ecosystem and project implementation.
II. Strengthening Trust in Traditional Finance and Broadening the Foundation for Institutional Cooperation
The target company has deep expertise at the intersection of traditional finance and innovative technology. Its financial expertise and compliance capabilities will provide a strong foundation for IVD Medical’s RWA business. This move is expected to significantly increase recognition and participation in the company’s business model among traditional financial institutions and investors wary of crypto assets, further broadening the diversity of ecosystem participants and strengthening the foundation for long-term development.
III. Expanding Strategic Resources: Co-building a New On-Chain Financial Ecosystem to Facilitate the Globalization of Chinese Assets
Following the completion of this acquisition, the target company will leverage its 22.5% equity stake in Southern China Asset Management to collaborate with IVD Medical to build an on-chain financial ecosystem platform centered on blockchain and fintech. This platform will deeply integrate compliant digital architecture with traditional asset forms, systematically promoting the tokenization, fragmentation, and cross-border flow of assets, and creating a new type of efficient, transparent, and interconnected financial infrastructure.
Within this on-chain ecosystem, both parties will focus on promoting the globalization of high-quality Chinese assets through blockchain in a compliant and standardized manner. Through innovative product design, shared international channels, and distributed ledger technology, they will significantly enhance the international recognition and allocation efficiency of Chinese assets, broadening the channels for foreign capital participation.
IVD Medical firmly believes that on-chain finance is not only a technological evolution, but also a major innovation in financial paradigms and global collaboration. The company will always uphold its corporate vision of “benefiting the nation, the people, and the world,” and through technological empowerment and ecosystem co-building, it will help China’s real economy and financial markets integrate more deeply into the global landscape.
IV. Future Outlook
Following the completion of this acquisition, IVD Medical and GoFintech Quantum will deepen strategic collaboration around the “on-chain finance” ecosystem, jointly promoting the innovation and implementation of digital financial infrastructure. The two parties will integrate technology, licenses, assets, and channel resources to build an efficient, compliant, and open on-chain asset issuance, trading, and management platform, accelerating the digitization, fragmentation, and cross-border flow of traditional financial assets.
Leveraging Hong Kong’s locational advantages as an international financial center and the collaborative empowerment of strategic resources such as CSOP, IVD Medical will actively promote China’s high-quality assets to enter the global market through on-chain means, enhance its international competitiveness and pricing voice, and effectively assist Chinese assets in going overseas efficiently.
Hashtag: #IVDMedicalHoldingLimited
The issuer is solely responsible for the content of this announcement.
The Reality of the Raya Rush
The lead-up to Raya is a whirlwind of grocery runs, deep cleaning, and late nights in the kitchen. By the time the first open house begins, most women have already put in an incredible amount of effort for their families. The quiet moments in between are not just a break. They are earned.
XIXILI’s pajamas are made for those moments. Easy to move in, soft enough to wear through the night, and the kind of pieces that make coming home feel like something to look forward to. Designed to fit a wide range of body types, every woman can find something that feels as good as it looks.
“Raya is everything. The food, the family, the laughter. And at the end of it all, she deserves to rest just as well as she celebrated,” says Tara Tan, Marketing Director at XIXILI.
Comfort That Carries Through the Season
Raya may bring the occasion, but the shift happening in Malaysian wardrobes goes further than that. Women are increasingly treating sleepwear as a considered part of their self-care, not just something to change into before bed.
“We often talk about the joy of gathering, but we rarely talk about the exhaustion that comes with it,” Tara Tan adds. “Our goal for Raya 2026 is to ensure that when the last guest leaves, every woman has a high-quality piece of loungewear to retreat into. It is about honouring the work she does by giving her the rest she deserves.”
Quality loungewear for the wind-down, the slow morning, and every quiet moment in between has become one of the most considered purchases a woman makes this season.
Made to Be Worn, Not Just Owned
Good sleepwear should not sit tucked away at the back of a drawer. It should be the first thing she reaches for at the end of a long day, worn in and looked forward to. XIXILI’s range is built for exactly that, styles that settle naturally into her routine and carry her well beyond the festive season.
The full sleepwear collection is available online and at XIXILI boutiques nationwide. To shop the range, visit www.xixili-intimates.com.Hashtag: #XIXILI
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The issuer is solely responsible for the content of this announcement.
About XIXILI
A homegrown Malaysian brand, XIXILI offers beautiful fashion lingerie and shapewear in Malaysia that prioritises fit and comfort. With an extensive range of bra sizes from A to I and bands 65 to 110cm, XIXILI caters to women of all shapes and sizes. Expert fitters are dedicated to helping each customer find the perfect bra, boosting confidence and enhancing silhouettes.
XIXILI became the first Malaysian lingerie brand to introduce a Try-On in 3D avatar tool, allowing customers to virtually try on XIXILI lingerie using a 3D avatar tailored to their specific body type and measurements. Whether for everyday wear or something special, XIXILI ensures women always look and feel amazing.
Specifically, in addition to the existing incentives currently available, customers who switch from old gasoline vehicles to new VinFast electric vehicles during the program period will receive an additional 3% discount for cars and 5% discount for scooters. The program will be applied across all four markets: Vietnam, India, Indonesia, and the Philippines.
In line with VinFast’s pioneering spirit, GSM Green and Smart Mobility Joint Stock Company has also announced an immediate 10% reduction in fares for electric mobility services on the Xanh SM platform in Vietnam and Green SM in Indonesia from March 11 to March 31, 2026. This initiative offers customers a more environmentally-friendly and cost-effective transportation option.
The program may be extended depending on international developments and future fuel price movements.
Ms. Duong Thi Thu Trang, Deputy CEO of Global Sales, VinFast, stated: “The special ‘Trade Gas for Electric’ program launched in March across four key markets is VinFast’s timely response to geopolitical volatility that is affecting socio-economic conditions in many countries around the world. As one of the pioneering manufacturers leading the global electric vehicle revolution, VinFast together with companies in Vingroup’s green ecosystem aims to help reduce the impact of fuel prices on people’s daily lives while also lowering environmental pollution through smarter, more sustainable, and more cost-efficient mobility solutions.”
The special “Trade Gas for Electric” program will be implemented in parallel with and combined with other available incentive programs in each market. Through layered incentives, Vingroup and companies within its ecosystem aim to create favorable conditions for customers to transition quickly to electric vehicles, reduce dependence on gasoline, stabilize daily life, and contribute to building a cleaner and more civilized living environment.
Hashtag: #Vingroup
The issuer is solely responsible for the content of this announcement.
Media OutReach
Singapore University of Social Sciences Expands Regional Footprint in China with Launch of Success Academy in Chongqing
New Academy and Shenyang satellite office strengthen SUSS’ visibility and partnerships across Western and Northeast China.
CHONGQING, CHINA – Media OutReach Newswire – 10 March 2026 – The Singapore University of Social Sciences (SUSS) today launched the SUSS Success Academy in Chongqing in collaboration with Raffles Young Academy (RYA) Pte Ltd and announced the establishment of a satellite office in Shenyang. Building on its Success Academies in Beijing and Shenzhen, the Academy strengthens SUSS’ presence in China and supports its growing engagement across Western and Northeast China.
The launch was commemorated with an opening ceremony at the CCI Gallery, attended by close to 70 guests from China and Singapore, including representatives from institutions of higher learning, and industry and community partners. The ceremony was presided by Vice-Consul (Political) Ms. Mavis Tan, Consulate-General of the Republic of Singapore, Chengdu and Mr. Li Xunfu, Deputy Director of Chongqing Municipal Commission of Commerce.
Success Academy to connect partners from Singapore and China
Anchored in SUSS’ commitment to lifelong learning and creating social impact, the Academy will serve as a key nexus for academic and industry partners from both countries. Through cross-cultural collaboration and practice-oriented learning, it also aims to develop future-ready talent equipped to contribute meaningfully to society and the economy.
RYA is an education and talent development organisation aimed at nurturing future-ready talent through industry-oriented learning and international exposure. RYA will bring its networks and local expertise to support and enhance the Academy’s initiatives.
Through the Academy, SUSS will provide opportunities for students from SUSS and other Singapore pre-tertiary and tertiary institutions to co-learn and co-innovate with peers in China. These include interdisciplinary global learning courses, impact startup and venture builder programmes, industry-based immersions and student exchanges. SUSS students will also gain regional exposure through internships and other workplace learning opportunities. In addition, the Academy will support SUSS in working with universities and organisations in China to jointly design and deliver industry-relevant courses and programmes for students and executives.
Extending engagement into Northeast China with Shenyang satellite office
To further deepen its engagement in Northeast China, SUSS will launch a satellite office in Shenyang on 11 March 2026 under the Success Academy in Chongqing. This office will support SUSS’ initiatives in Liaoning Province and surrounding areas, including Dalian. In addition, three Memoranda of Understanding (MOU) will be signed with the following organisations:
- Shenyang University of Chemical Technology (SYUCT): Collaborative development of a Master’s degree programme in Social Work, fostering cross-border knowledge exchange, curriculum innovation, and talent development to address evolving social service needs.
- North-East Institute of Population and Social Development: Joint research endeavours, professional development programmes, and meaningful academia-industry partnerships to generate evidence-based solutions, build capabilities, and promote active ageing ecosystems that benefit individuals and communities.
Professor Tan Tai Yong, President of SUSS, said, “China is an important partner for SUSS as we expand opportunities for our students and strengthen collaboration across Asia. The launch of the Success Academy in Chongqing allows us to work more closely with universities, industry and community partners in Western and Northeast China, and to deliver applied, practice-oriented education that responds to real-world needs. Our partnership with Raffles Young Academy reflects our shared commitment to developing future-ready talent and supporting professional growth across the region.”
Mr. Samuel Ng, Executive Chairman, RYA, said, “Our collaboration with the Singapore University of Social Sciences reflects a shared belief in applied, practice-oriented education and in preparing students and enterprises to navigate an increasingly complex and interconnected world. Chongqing’s strategic position as a gateway to Western China and a hub for industry and connectivity makes it an ideal location for immersive, industry-linked education. This partnership represents a long-term commitment to building enduring bridges between students and industry, between academia and practice, and between Singapore and China.”
The launch of the Success Academy in Chongqing is part of SUSS’ broader expansion across Asia. Since 2023, SUSS has established Success Academies in Beijing, Shenzhen, Ho Chi Minh City Bangkok, Kuala Lumpur, Jakarta, Manila and Mumbai.
For more information, visit www.suss.edu.sg/success-academy.
Hashtag: #SUSS
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The issuer is solely responsible for the content of this announcement.
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