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Linklogis Releases 2024 Annual Results: Accumulated Transaction Volume Reaching RMB 411.2 Billion, Cash Balance Totaling RMB 5.1 Billion

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SHENZHEN, CHINA – Media OutReach Newswire – 25 March 2025 – On March 25, 2025, Linklogis Inc. (09959.HK, “Linklogis”), a leading supply chain finance technology solution provider in China, released its 2024 annual results. In 2024, the total revenue and income from principal activities amounted to RMB 1.03 billion, representing a 19% year-over-year increase. Benefiting from product structure optimization and operational efficiency enhancements, the company’s gross profit margin rose, with gross profit rising by 36% to RMB 720 million. During the year, the total transaction volume processed by its technology solutions reached RMB 411.2 billion, a 28% year-on-year increase, serving 2533 anchor enterprises and financial institutions. By the end of the year, Linklogis has empowered over 330,000 SMEs to access efficient and convenient digital inclusive financial services.

The company maintains a stable financial position with cash reserve of RMB 5.1 billion. To continuously enhance capital returns to shareholders, the Board of Directors of Linklogis proposes to pay a special dividend of HK$0.03 per share.

Core Business Sustaining Growth, Remarkable Progress in Customer Expansion

In 2024, amidst macroeconomic volatility and ongoing policy support in the supply chain finance technology sector, Linklogis resolutely implemented the dual-wheel development model of ‌”Strategic Focus + Innovation-Driven”‌‌, boosting continued business growth. The total transaction volume processed by its technology solutions reached RMB 411.2 billion, a 28% year-on-year increase. In 2024, the number of anchor enterprise and financial institution customers for Linklogis’ supply chain finance technology solutions increased by 373 to reach a total of 1,108, an increase of 51% from 2023. During 2024, the company has served 377 financial institution customers and partners, including banks, trust companies, insurance asset management companies, securities companies, and fund companies. The overall customer retention rate hit 96%. According to China Insights Consultancy, Linklogis held 21.1% market share, ranking No.1 in the third-party supply chain finance technology solutions providers in China for five consecutive years.

Anchor Cloud and FI Cloud are the key supply chain finance technology solutions of Linklogis, the former including the Multi-tier Transfer Cloud and AMS Cloud, and the latter comprising ABS Cloud and eChain Cloud. In 2024, Anchor Cloud demonstrated strong performance. In the Multi-tier Transfer Cloud segment, the total volume of supply chain asset processed in 2024 amounted to RMB 207.3 billion, representing a year-over-year growth of 52%. The contribution of the Multi-tier Transfer Cloud to the company’s total transaction volume rose to 50%, achieving a customer retention rate of 99%. In the AMS Cloud segment, the total volume of supply chain assets processed reached RMB 75 billion, representing a year-over-year growth of 16%.

In the FI Cloud segment, the total volume of supply chain assets processed by the ABS Cloud in 2024 soared against the market headwind, reaching RMB 54.2 billion, with a 101% year-on-year surge. This remarkable growth was accompanied by notable achievements in product innovations, such as successfully facilitating the issuance of the first Technology Intellectual Property Asset-Backed Note (ABN) in China and assisting Shenzhen Energy Group in issuing the first green asset-backed securities in the Greater Bay Area. In the eChain Cloud segment, the company proactively reduced some low-margin businesses and launched the lightweight one-stop AI Agent for supply chain finance, named “BeeLink AI”, to address the digital transformation needs of financial institutions. The company has formed deep partnership with 18 customers, including Standard Chartered Bank, aiding financial institutions in enhancing operational efficiency.

In 2024, Linklogis strengthened its strategic positioning in core industries such as construction/infrastructure, power equipment, transportation, commerce and retail, successfully achieving business expansion. Linkloigs’ Supply Chain Finance Technology Solutions serve a wide range of anchor enterprises in various sectors and cover all 31 industries listed in the SWS Industry Classification, among which 14 industries contributed more than RMB 5 billion in supply chain asset transactions in 2024. On the anchor enterprise side, the company continued to delve deeply into various regions and industries, focusing on industrial cycle opportunities in “major infrastructure + green energy + advanced manufacturing”, while expanding service networks in key areas such as the Yangtze River Delta, the Beijing-Tianjin-Hebei region, and the Greater Bay Area, transforming more high-quality chain-affiliated ecosystem partners into anchor enterprise customers.

AI Empowering Business Innovation, Driving Intelligent Transformation in the Industry

As a dedicated player in the field of artificial intelligence within China’s supply chain finance technology sector, Linklogis consistently invested into AI technology research and development, as well as application scenarios. This year, based on the LDP-GPT technology, the company innovatively launched the industry’s first lightweight one-stop AI Agent for supply chain finance, named “BeeLink AI”. This platform featured core functions such as multimodal data processing and intelligent review engines, which has been successfully delivered and applied in many financial institutions and won the “Best AI Technology” award from The Asian Banker in 2024. By deepening technical collaboration with DeepSeek large language models, Linklogis aims to further enhance its cognitive engine capabilities, targeting full-process automation in customer management, risk control, and other areas, while significantly reducing operational costs.

In terms of product and scenario innovation, Linklogis has actively accelerated the innovation practice of the “de-anchored” business models for supply chain finance. The company continued to implement data-driven product solutions without clear debtor acknowledgment for comprehensive platform customers, promoting gradual optimization of product portfolios and a steady improvement in revenue quality. During the year, Linklogis partnered with 18 central state-owned enterprises (SOEs) and leading private corporations, including Universal Medical Group, Jiangsu Transportation Holding Group, Yangtze River Industrial Investment Group, Shanghai Urban Construction Group, and Yangtze River Pharmaceutical Group, to implement integrated industry-finance platform projects, further solidifying its leading market position. Additionally, the company is optimizing cross-border cloud services through AI technology. In the overseas market, Linklogis has built full-link logistic financing solutions for logistics service providers of several renowned cross-border e-commerce platforms, significantly improving the efficiency of capital turnover in cross-border trade.

Strategic Acquisitions Expanding Market Reach, Accelerating Global Layout of International Business

Linklogis is unlocking new avenues for growth through strategic acquisitions and globalization strategy. In 2024, the company expanded its business scope and product line by acquiring Shenzhen Bytter Technology Co., Ltd. This transaction will further enrich the company’s product matrix, extending from supply chain financing solutions for upstream and downstream partners of anchor enterprises to group-level capital management solutions. This acquisition will enable Linklogis to provide comprehensive services for upgrading intelligent treasury management platforms, covering from treasury management to supply chain financial system development for central state-owned enterprises (SOEs), large private corporations, and institutional customers, empowering customers to accelerate the establishment of world-class financial management systems.

In the international business segment, the total volume of supply chain assets processed by the Cross-Border Cloud in 2024 reached RMB 20.7 billion, representing a 64% year-over-year growth. Leveraging the dual-engine strategy of “Go Early” and “Go Deep”, Linklogis remains committed to expanding a broad and diverse global partner network, providing cross-border trade financing services for small and medium-sized merchants and helping leading Chinese outbound enterprises expand their global supply chain industry-finance systems. Linklogis announced plans to establish regional operational centers with localized teams in the United States, United Kingdom, and India. These centers will form an integrated operational network with the company’s Asia-Pacific resources at the Singapore international business headquarters, Olea’s industrial ecosystem network in Southeast Asia, and Green Link Digital Bank’s cross-border settlement capabilities. This development marks Linklogis’ advancement into a deeper phase of globalization strategy, comprehensively building a globalized business framework.

Major Milestones in Sustainable Development, Promoting Green Supply Chain Growth

Linklogis actively practices the philosophy of “Technology for Good” and is committed to constructing a new paradigm of digital inclusive finance, centered on the core ESG mission of “technology empowering the development of sustainable supply chain finance”. This year, the assets related to sustainable supply chains processed by Linklogis reached RMB 37.1 billion, representing a significant increase of 93% from last year. The company’s focus areas included renewable energy, rural revitalization, environmental protection, and public health.

Building on the deep integration of ESG principles and industrial digitalization, Linklogis has collaborated with a number of financial institutions since 2022 to jointly explore innovative models of green supply chain finance. This initiative combines ‌AI-driven assessment‌, ‌environmental pricing mechanisms‌, and ‌industry-finance collaboration‌ to drive sustainable industrial development‌. This effort helps thousands and millions of enterprises benefit from digital and technological inclusion, contributing to the development of the real economy and the advancement of the digital economy.

In the ESG field, Linklogis has received widespread industry recognition. The company has received a “Low Risk” rating from the international authoritative ESG rating agency Sustainalytics for three consecutive years. Linklogis was awarded an ESG “A” rating by Wind Information for the first time, ranking 5th among 181 companies in the software services industry assessed. This year, the company was selected for inclusion in the S&P Global’s The Sustainability Yearbook (China Edition) 2024. Linklogis’ ESG solution, “SCeChain” developed in collaboration with Standard Chartered Bank, won the “Best China ESG Solution Award” from The Asset. Linklogis also received the “Excellence in ESG Innovative Practice” and the “Annual ESG Pioneer Award” from Guru Club, as well as the “Most Socially Responsible Public Company” award from Zhitongcaijing, highlighting the company’s outstanding achievements in the field of sustainable development.

Charles Song, the founder, chairman and CEO of Linklogis, said, “In the past year, Linklogis has achieved high-quality growth and innovative breakthroughs. Looking ahead to 2025, Linklogis will focus more on its core business, enhance efficiency, and create new growth curves through the application of AI technology and strategic acquisitions. By focusing on core businesses with long-term revenue sustainability and high profitability potential, Linklogis will optimize resources allocation and implement technology-driven operational efficiency upgrades to return to profitability. Underpinned by stable financial resources, Linklogis will create greater value for its customers, deliver consistent returns to its shareholders, and contribute to the sustainable development of global supply chain finance.”

Hashtag: #Linklogis

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Hong Kong Company Formations Surge 40.5% in 2025, Outpacing Regional Competitors

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Air Corporate data reveals 9 in 10 founders incorporated in Hong Kong do so remotely, driven by a 20% surge in Middle Eastern entrepreneurs seeking cost-effective operational alternatives to Dubai.

HONG KONG SAR – Media OutReach Newswire – 15 May 2026 – Air Corporate registered a 40.5% increase in Hong Kong incorporations in 2025, with the first quarter of 2026 already up 48% year-over-year. This data indicates that Hong Kong is reasserting itself as the leading Asian jurisdiction for company formation, fueled by a new wave of remote founders from the Middle East, North Africa, and Europe.

The prevailing narrative over the past five years suggested that Singapore was eclipsing Hong Kong; however, recent incorporation volumes challenge this. According to city-wide official figures cited by Vivian, Founder of Air Corporate, approximately 195,000 companies were registered in Hong Kong in 2025, compared to around 77,000 in Singapore.

“There was a lot of fuss about Singapore taking over Hong Kong as preferred jurisdiction over the last few years, but for 2025 alone, around 195,000 companies were formed in HK, vs around 77,000 for Singapore,” said Vivian. While city-wide registrations rose roughly 35% in 2025, incorporations at Air Corporate specifically grew by 40.5%. Vivian added, “With a 35% increase in the number of companies registered in 2025, Hong Kong is definitely back in the game as the top jurisdiction to start a company.”

The reality of Hong Kong company formation is increasingly global, lean, and founder-led. Nine in ten founders incorporated in Hong Kong with Air Corporate do not live there.

Key demographic and operational insights from Air Corporate’s client base include:

  • Approximately 90% of founders operate remotely from abroad, while 10% or less are based in Hong Kong.
  • Entrepreneurs aged 35 to 44 represent the largest age cohort at 38%, demonstrating that Hong Kong attracts founders in their prime career years rather than just younger digital nomads.
  • Serial entrepreneurs make up 60% of Air Corporate’s client mix, utilizing Hong Kong as an operational base for multiple companies, while first-time founders account for the remaining 40%.
  • A total of 89% of new companies are launched by solo founders (58%) or small teams of two to five individuals (31%).
  • Mainland China, Hong Kong, Turkey, India, the UAE, Australia, France, and Morocco rank among the top source markets for these founders.

Furthermore, 73% of new Hong Kong incorporations are directly tied to physical goods trade with China. This consists of e-commerce and dropshipping businesses (38%) and the trading of goods (35%). The recovery of in-person trade flows, including events, such as the Canton Fair and various industrial fairs, is pulling foreign founders back into the Greater China orbit and establishing Hong Kong as the natural entry point and financial layer over the world’s largest manufacturing base.

Air Corporate’s data recorded a 20% year-over-year growth in founders originating from the Middle East. This shift highlights a reverse migration where founders previously incorporated in Dubai are now choosing Hong Kong. Based on Vivian’s observations, founders often arrive in Dubai expecting fast incorporation and low costs, but discover that incorporation and maintenance are significantly more expensive than in Hong Kong, and banking remains difficult. Consequently, many founders move to Hong Kong after 12 to 24 months in the UAE, a trend accelerated by the Hong Kong government’s strategic outreach to the region.

For lean, remote-first businesses, speed-to-market is a critical factor. A founder located anywhere in the world can incorporate in Hong Kong and open a working bank account in approximately 7 days using digital banking partners. Currently, 90% of Air Corporate’s clients utilize these digital banking partners.

“Hong Kong and Singapore are the only places in Asia where you can set up your company, get a corporate account, and be in business in less than a week,” concluded Vivian.

Air Corporate is a service provider facilitating company formation and incorporation in Hong Kong for serial entrepreneurs, first-time founders, and remote-first business owners operating globally.

Media Inquiries
To learn more about Hong Kong company formation, visit Air Corporate’s website or contact their team directly.

Hashtag: #AirCorporate

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

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Natural Diamonds Sparkle on The Red Carpet at The 2026 Met Gala Celebrating “Costume Art”

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Today’s biggest stars express individuality and confidence with natural diamonds

NEW YORK, US – Media OutReach Newswire – 15 May 2026 – The 2026 Met Gala celebrating “Costume Art” took place May 4th at the Metropolitan Museum of Art in New York City, bringing together leading figures from across the globe for an unforgettable evening. These tastemakers showcased the most classic, refined and distinctive diamond jewelry looks of the season. Below, A Diamond is Forever highlights the standout trends from the event.

Desert diamonds

Desert diamonds emerged as a striking throughline on the Met Gala carpet, with a range of hues in distinctive settings taking focus.

Rihanna led the trend in a pair of exceptionally rare old Moghul Golconda fancy brown-yellow diamond earrings by Glenn Spiro, featuring two pear-shaped natural diamonds totaling 51.9 carats. Doja Cat offset her all nude look with a pair of large Leviev Diamonds floral-shaped earrings while Paloma Elsesser made a statement in a 29.5-carat diamond necklace by Bernard James, centered around a 15-carat fancy light yellow pear-shaped natural diamond. Cara Delevingne wore a De Beers London Forces of Nature High Jewelry ring, featuring marquise yellow diamonds set as eyes, while Emma Chamberlain opted for yellow and white diamond earrings by Chopard, underscoring the continued allure of warm diamond hues.

Magnificent Diamond Earrings

A wide variety of captivating silhouettes defined the natural diamond earrings on the Met Gala carpet. Zoë Kravitz delivered a modern twist with oversized diamond flower earrings by Jessica McCormack. Chase Sui Wonders opted for Jean Schlumberger by Tiffany & Co. Sea Fan earrings, bringing an element of sculptural artistry to the look. Gracie Abrams selected gently dangling Chanel earrings, adding understated fluidity, while Connor Storrie selected simple hoop earrings from Tiffany & Co., reinforcing the clean and enduring appeal of natural diamonds.

Standout Diamond Moments

Natural diamonds appeared in personal, unconventional and eye-catching ways, offering moments of surprise and awe. Power couple Beyoncé and Jay-Z embodied this trend with Beyoncé wearing Chopard’s Queen of Kalahari necklace, named after the rare 342-carat diamond that provided 23 stones for Chopard’s Garden of Kalahari collection. Jay-Z contributed to the narrative with a vintage diamond brooch by Briony Raymond worn at the collar as an unexpected placement that underscored the piece’s versatility. Isha Ambani made the styling of diamonds an art form in itself, wearing her own diamond jewelry featuring approximately 150 carats of old mine-cut diamonds, including a three-strand necklace and chandelier earrings, while also incorporating diamonds sewn directly into the bodice of her sari to represent significant moments in her life.

Together, these looks highlighted a shift toward natural diamonds as vessels of personal expression, styled with intention, individuality, and a sense of the unexpected.

Hashtag: #MetGala #RedCarpet #ADiamondisForever #NaturalDiamonds #Diamonds





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Turn Your Savings into a Front-Row Experience: HL Bank Singapore Offers Exclusive Passes to AsiaTop Music Festival 2026

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The premier music festival will play host to 16 K-pop, regional and Malaysian stars including, in performance order: Day 1 – NexT1DE, Aina Abdul, Belle Sisoski, Win Metawin, NMIXX, WINNER, DAESUNG, KUN. Day 2 – Uriah See, Firdhaus, Butterbear, 82MAJOR, STAYC, CRAVITY, TWS, CxM

SINGAPORE – Media OutReach Newswire – 14 May 2026 – Your next major K-pop experience is just a savings goal away as HL Bank Singapore (“HLB Singapore”) bridges the gap between financial wellness and the front row. In an exclusive collaboration designed for the ultimate music enthusiast, the bank is offering fans the chance to secure a pair of sought-after AsiaTop Music Festival 2026 tickets, valued at up to RM1,098 (approx. S$355), simply by growing their wealth.

HL Bank Singapore is giving music fans the chance to redeem exclusive passes to the AsiaTop Music Festival 2026, featuring top Asian acts, through its iSavings Reward Campaign.

This unique initiative stems from the regional synergy between Hong Leong Bank (“HLB”) and Tencent Music Entertainment Group (JOOX and QQ Music). By aligning with Visit Malaysia Year and Visit Selangor Year 2026, HLB is transforming the traditional banking experience into a gateway for premium entertainment. Scheduled for 30 and 31 May 2026 at the iconic Sepang International Circuit, the festival promises a high-octane weekend featuring an elite lineup of Asian superstars, including the largest K-pop showcase in the ASEAN region.

Securing a spot at the heart of the action has been streamlined through the iSavings Reward Campaign, running from 9 May 2026 to 18 May 2026. To participate, fans first decide on their preferred festival experience, selecting either a pair of Standard Passes with a S$5,000 deposit or the high-energy, nearer-to-the-stars Rockzone Passes with a S$8,282 deposit for their chosen day.

Once a tier is selected, customers can register by depositing the qualifying funds into an iSavings account via FAST or Links transfer. To validate their entry, customers must include the specific Comment Code, such as PALLIR1 for Day 1 Rockzone, within the funds transfer description. The qualifying balance must be maintained within the account for a six-month (182 days) earmarked period.

With only 88 pairs of tickets available for this exclusive campaign, the stakes are high. Allocation is limited to 22 pairs per day for each ticket category and will be awarded strictly on a first-come, first-served basis. Fans are encouraged to act quickly to ensure their savings work as hard as they do while securing a premier seat at the musical event of the year.

For full terms & conditions, and further details, please visit: www.hlbank.com.sg/AsiaTop2026

Hashtag: #HLBankSingapore

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

HL Bank Singapore

HL Bank Singapore is the Singapore branch of Hong Leong Bank Berhad, a leading digital-centric Malaysia-based financial services institution with a rooted heritage in the country spanning over 120 years. Operating under a Full Bank Licence in Singapore, HL Bank offers a comprehensive range of financial services to our business, retail and high networth customers through our 4 core business segments – Business & Corporate Banking, Personal Financial Services, Private Wealth Management and Global Markets.

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