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Magniflex Celebrates 63rd Anniversary with New Flagship Store in HomeSquare, Shatin
Expanding Brand Service Network into the New Territories
Magniflex’s flagship store in Hong Kong relocated to Windsor House in Causeway Bay last year and has served over 6,800 customers in Hong Kong in the past three years. The group looks forward to further enhancing its sales network after entering the New Territories, providing more convenient services and experiences for customers in different regions.
Comprehensive Product Upgrades and Certification from Authoritative Institutions
With over 60 years of artisanal Italian craftsmanship in manufacturing bedding products, Magniflex Hong Kong has introduced the group’s proud Stretch Mattress this year, bringing the first American Chiropractors Association (ACA) certified spinal mattress to Hong Kong, offering residents the ultimate Italian sleep experience.
Promoting United Nations Sustainable Development Goals
Magniflex is a participating company in the United Nations Sustainable Development Goals (SDGs) initiative, committed to establishing transparent and measurable environmental improvement policies. For instance, we use solar panels to reduce carbon emissions and actively promote environmental protection. Our commitment to sustainability has earned us two important certifications: OEKO-TEX® CLASS I, guaranteeing that our products are free from harmful substances for humans and the environment; and GOTS, confirming that our Tuscany series fabrics are made from 100% organic materials.
Multinational Company Originating from Florence, Italy
Maintaining the highest production standards, all products are 100% made in Italy and comply with regulations and requirements in over 100 countries and regions worldwide. Products sold globally meet international standards, including the U.S. flammability safety standard CFR 1633, globally recognized non-toxic textile certification, and AJA EUROPE certification, ensuring the highest manufacturing level.
Introducing Latest Technology and Highest Sanitary Standards
The group continually strives for innovation by introducing the highest technological production equipment and instruments. Magniflex® mattresses are disinfected with a special UV-C sterilization machine before leaving the factory and are then vacuum-packed using patented technology, ensuring complete prevention of bacterial and viral contact (including COVID-19) after packaging, thus maintaining the highest sanitary standards. The management system in our Italian factories complies with UNI EN ISO 9001:2015 standards, ensuring the highest manufacturing levels.
Celebrating 63rd Anniversary with Great Offers
To mark the milestone of entering the 63rd year, the Italian headquarters has prepared various offers and celebratory rewards for the opening of the Hong Kong HomeSquare store, including free delivery and old mattress recycling services for orders made within the first month of opening, free mattress storage service, and various exclusive gift offers, aiming to resolve all customers’ sleep-related concerns.
Staying Calm Amidst Chaos; Wishing Everyone Sweet Dreams
In the past few years, global turmoil and fluctuations in the Hong Kong economy have posed various challenges for our group. Despite these challenges, we remain committed to a customer-first philosophy. During wartime, we donated mattresses to conflict areas; during the pandemic, we developed antiviral mattresses to provide additional protection for customers. Through continuous technological research and innovation, we strive to bring the highest quality bedding products from Italy to the world, fulfilling our promise to offer the ultimate sleep experience for customers globally.
Hashtag: #Magniflex
The issuer is solely responsible for the content of this announcement.
About Magniflex
Founded in 1962, Magniflex is an Italian mattress manufacturer known for its high quality and comfort, making it the largest mattress manufacturer in Italy. The Italian factory produces 10,000 mattresses daily and sells them to 99 countries and regions around the world, with all products being 100% made in Italy. The brand focuses on innovation and provides ergonomically designed mattresses, collaborating with various professional organizations and academic institutions, becoming the first mattress brand globally to be certified by the American Chiropractors Association (ACA).
Magniflex Website: www.magniflex.com.hk
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Owner-Operated Serviced Office CoWorkSpace Opens at 6 Raffles Quay Level 16, Offering Members Stable Pricing in a Landlords’ Market
As Singapore CBD office rents rise for a fifth consecutive quarter and vacancy hits a record low, CoWorkSpace aims to shield members from rent increases that flex operators typically pass through.
SINGAPORE – Media OutReach Newswire – 26 May 2026 – CoWorkSpace is conveniently located at 6 Raffles Quay #16-01, occupying an entire floor within the office tower and comprising more than 50 private suites designed for startups, SMEs, and established corporations across shipping, financial intermediaries, family offices, professional services, business consultancy, technology, and trade-related industries.
Hashtag: #ServicedOffice #Coworking #CoworkingSpace #RafflesQuay #RafflesPlace #SingaporeCBD #SGCBD #PrivateOffice #PrivateSuites #OwnerOperated #FlexibleWorkspace #BusinessAddress #SMESingapore #SGBusiness #CoWorkSpace
https://www.coworkspace.com.sg/
CoWorkSpace Serviced Office.
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JOYY Reports First Quarter 2026 Financial Results: Total Revenue YoY Growth Hits Multi-Year High
In the first quarter, JOYY’s total revenues reached US$555.7 million, up 12.4% year over year, representing the Company’s highest year-over-year growth rate in recent years. Social entertainment revenue increased 3.2% year over year to US$400.4 million. BIGO Ads ad tech and SHOPLINE e-commerce, the second growth engine of the Company, maintained strong growth momentum. BIGO Ads revenue reached US$124.8 million, up 55.6% year over year, while SHOPLINE contributed US$30.5 million, up 16.1% year over year.
In the first quarter, the Company’s non-GAAP1 operating income increased 22.5% year over year to US$38.0 million, while non-GAAP1 EBITDA grew 13.2% year over year to US$45.7 million. Operating cash inflow for the quarter was US$46.0 million. Net cash as of March 31, 2026 stood at US$3.18 billion.
Simultaneously, JOYY announced a new share repurchase program, under which the Company is authorized to repurchase up to US$600 million of its shares until the end of 2028, and a new quarterly dividend program, under which a total of approximately US$900 million in cash will be distributed on a quarterly basis between 2026 and 2028. The new shareholder return program amounts to approximately US$1.5 billion, underscoring JOYY’s confidence in its long-term growth potential.
- This press release includes certain non-GAAP financial measures as additional clarifying items to aid investors in further understanding the Company’s performance and the impact that these items and events had on the financial results. The non-GAAP financial measures provided above should not be considered as a substitute for, or superior to, the measures of financial performance prepared in accordance with GAAP. For details of the non-GAAP measures, including the reconciliations of GAAP measures to non-GAAP measures, please refer to the press release titled “JOYY Reports First Quarter 2026 Unaudited Financial Results” issued by the Company on May 26, 2026.
Hashtag: #JOYY
The issuer is solely responsible for the content of this announcement.
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“Made in Binzhou” Heads to Tianzhou-10 Cargo Spacecraft——Binzhou Sci-Tech Power Embarks on a Hardcore Space Mission
This initiative is a collaborative effort involving the University of Chinese Academy of Sciences (UCAS), the National Space Science Center of the Chinese Academy of Sciences, and the Binzhou Weiqiao UCAS High Technology Research Institute. The successful launch marks a historic “zero-to-one” breakthrough, representing the first time private sci-tech forces from Binzhou and indeed Shandong province have reached space. It also stands as China’s first in-space experiment to study the solidification of lightweight high-entropy alloys under the dual-field coupling of “microgravity and rotating magnetic fields.”
As a national-level “space laboratory,” the manned space station hosts world-class research facilities and serves as a core platform for disruptive innovation in new materials. This successful deployment not only highlights the institute’s cutting-edge research capabilities but also signifies a deep integration between corporate scientific research and national aerospace engineering. Looking ahead, the institute will continue its deep dive into frontier fields such as space materials and lightweight alloys. By strengthening collaborative innovation across industry, academia, and research, they aim to empower the upgrading of the new materials industry with technological innovation, contributing both wisdom and strength to the development of China’s manned space program and the cultivation of new quality productive forces.
Hashtag: #BinzhouInformationOffice
The issuer is solely responsible for the content of this announcement.
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