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By Dr. Gyan Pathak While world’s untaxed wealth of the richest 0.1 per cent hidden offshore surpasses entire wealth of the poorest half of the humanity, India remains the receiver of the highest number of the regressive tax recommendations by the International Monetary Fund (IMF) that increases tax burden on the lower-income households more than […]

The article India Gets Highest Number IMF’s Advice To Tax Lower-Income Households More appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

South Korea’s consumer prices rose 2.2 per cent in March from a year earlier, quickening from 2.0 per cent in both January and February as higher energy costs fed through the economy and kept inflation above the Bank of Korea’s medium-term 2 per cent target. The increase was milder than market expectations for 2.4 per cent, but it still marked the fastest annual pace since December and underscored the strain created by elevated crude prices linked to conflict-driven instability in the Middle East.

On a monthly basis, consumer prices rose 0.3 per cent in March, matching February’s pace. Petroleum products were a major driver even after Seoul introduced emergency measures to curb the blow to households and businesses. Government controls on fuel prices helped limit the pass-through, yet petroleum product prices still rose sharply from the previous month, showing how external energy shocks are overpowering domestic stabilisation efforts.

The inflation print matters because it lands at a moment when policymakers are trying to balance stronger export-led growth against mounting imported price pressures. The Bank of Korea said in its February outlook that consumer-price inflation for 2026 was expected to average 2.2 per cent, slightly above its previous 2.1 per cent forecast. That projection was made before the latest oil surge intensified, leaving economists to question whether the central bank’s assumptions have already been overtaken by events.

Core inflation, which strips out volatile food and energy items, eased slightly to 2.2 per cent in March from 2.3 per cent in February. That suggests underlying domestic demand pressures remain contained, even as headline inflation is being pushed up by imported costs. Another closely watched measure, which excludes agricultural products and petroleum, had been running at 2.5 per cent in February, indicating that sticky service-sector and household spending components have not fully disappeared.

Food prices offered some relief. Agricultural product prices fell in March as supply conditions improved, helping offset part of the jump in fuel-linked costs. That softer food picture helped explain why the overall figure came in below forecasts despite the energy shock. Still, analysts say the cushion from better farm output may prove temporary if transport, fertiliser and logistics costs keep climbing with oil.

South Korea is especially exposed because of its dependence on imported energy. About 70 per cent of its crude oil imports come from the Middle East, leaving the country vulnerable whenever shipping routes or production in the region come under threat. The government has already floated wider demand-management steps, including possible driving curbs beyond the public sector if crude prices climb further, a sign of how seriously officials are treating the supply risk.

Seoul has also moved on the fiscal side. This week the government proposed a supplementary budget of 26.2 trillion won, or about $17.3 billion, aimed at cushioning the economy from the oil shock and supporting low-income households and affected businesses. Of that, 10.1 trillion won is earmarked for measures tied to surging oil prices, including support for refiners operating under the emergency pricing system. The package highlights concern that inflation and slower consumption could combine to weaken the broader recovery.

For the central bank, the March data complicate an already delicate policy setting. The Bank of Korea’s next rate decision is due on April 10. Policymakers had held rates steady in February, and the latest inflation reading, while lower than forecast, is unlikely to offer much comfort because upside risks remain tied to oil, the exchange rate and transport costs. At the same time, softer core inflation argues against an aggressive response unless the energy shock broadens into wages and services.

From 23-25 March, Lee Kum Kee brought together top chefs, diverse cultures and industry communities through a range of thoughtfully curated experiences, bringing authentic Asian flavours to the global stage. As well as reaffirming the brand’s Asian roots and international perspective, its involvement reflected an enduring commitment to preserving culinary heritage and driving gastronomic innovation.

“Asian Flavour Duet“: A Culinary Journey Through Heritage and Innovation

Helping to build momentums for this year’s awards, Lee Kum Kee collaborated with Vicky Cheng, the acclaimed Executive Chef and owner of WING, to co-create the “Asian Flavour Duet”, a Hong Kong-style late-night supper party on 24 March. Hosted at two Hong Kong culinary landmarks, the experience unfolded in two chapters – “Paying Tribute to Heritage” and “Innovative Fusion” – and invited guests to explore the limitless possibilities of Asian flavour.

The evening began at the century-old Lin Heung Lau teahouse, a space filled with nostalgia and memories for generations of Hong Kongers. Chef Vicky reinterpreted classic Hong Kong late-night dishes using signature Lee Kum Kee sauces, while guests were immersed in the warmth of the historic venue.

The celebration then moved to Medora, Chef Vicky’s Western dining space, where an “Innovative Fusion” was revealed. He showcased his modern culinary philosophy by incorporating Lee Kum Kee sauces with contemporary techniques to create bold, unexpected dishes. Guests also enjoyed specially crafted cocktails infused with Lee Kum Kee sauces, alongside a delightful yet refined sauce-inspired gelato, demonstrating a harmonious interweaving of savoury, umami, sweetness and spice.

The multisensory journey seamlessly blended tradition with innovation, exploring the future of cuisine while highlighting Lee Kum Kee’s role as a global gateway to Asian culinary culture.

At the event, Dodie Hung, Executive Vice President – Corporate Affairs at Lee Kum Kee, commented, “Tonight, we are honoured to celebrate Hong Kong’s late‑night food culture with Chef Vicky and the global culinary community. From the legacy of Lin Heung Lau to the forward‑looking spirit of Medora, we are proud to be part of the creative journey and help showcase the depth of Asian flavours on the world stage.”

Celebrating a Gastronomic Brilliance with the Highest Climber Award Sponsored by Lee Kum Kee

During the awards ceremony on 25 March, Lee Kum Kee’s booth showcased a range of the brand’s acclaimed classic sauces and innovative products. Guests sampled specially crafted bites featuring Lee Kum Kee sauces, engaging directly with the flavours and techniques that have made the brand a trusted partner in both home and professional kitchens worldwide.

As part of the evening’s celebration of the region’s most exceptional culinary talents, the Highest Climber Award sponsored by Lee Kum Kee was presented to Lamdre in Beijing by Chef Park from Atomix (No.1 in North America’s 50 Best Restaurants 2025). Lambre was applauded for its pioneering plant-based dining space that promotes healthy, sustainable living while honouring Chinese biodiversity in its menus.

In addition, WING, led by Chef Vicky, achieved an impressive second place in 2026 Asia’s 50 Best Restaurants list. The restaurant had also previously ranked No. 11 on The World’s 50 Best Restaurants list in 2025, underscoring its continued international acclaim.

Building the Future Together: Deepening Global Partnerships

With the success of this prestigious awards ceremony in Hong Kong, China, Lee Kum Kee looks forward to deepening its collaboration with leading talents in the global culinary community. By continuing to champion Asian flavours and foster meaningful dialogue and exchange, the brand will continue to bring the spirit of Asian cuisine to kitchens and dining tables around the world.
Hashtag: #LeeKumKee #LKK

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

About Lee Kum Kee

Lee Kum Kee is the global gateway to Asian culinary culture, dedicated to promoting Chinese culinary culture worldwide. Since 1888, it has brought people together over joyful reunions, shared traditions and memorable meals. Beloved by consumers and chefs alike, Lee Kum Kee’s range of more than 300 sauces and condiments sparks creativity in kitchens everywhere, inspiring professional and home chefs to experiment, create and delight. Headquartered in Hong Kong, China and serving over 100 countries and regions, Lee Kum Kee’s rich heritage, unwavering commitment to quality, sustainable practices and “Constant Entrepreneurship” combine to enable superior experiences through Asian cuisine for people worldwide. For more information, please visit www.LKK.com.

About Asia’s 50 Best Restaurants

Launched in 2013, Asia’s 50 Best Restaurants aims to showcase the outstanding achievements and diverse culinary landscape of the region. The list is determined by the Asia’s 50 Best Restaurants Academy, a panel of over 350 culinary experts from across Asia who vote independently based on their specialised knowledge of the local dining scene. The Asia’s 50 Best Restaurants series includes the awards ceremony and list announcement, creating a premier networking platform for restaurateurs, media, seasoned travelers and culinary connoisseurs to celebrate the exceptional service, passion and talent in the dining industry.

By Dr. Gyan Pathak By modifying its own order on April 1, 2026, to allow new documents to be submitted before the Tribunals established to hear appeal against deletion of names from the Final Electoral Roll of West Bengal, the Supreme Court of India has brought a new hope to the people whose names have […]

The article New Supreme Court Order Brings Hope For Deleted Electors In West Bengal appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

The recognition marks the 17th consecutive year the same store has been included in the Michelin Guide—a milestone achieved during Tim Ho Wan’s first full year under the Jollibee Group following its acquisition in January 2025. Over the past year, the brand has focused on strengthening systems, chef training, and food quality, reinforcing the consistency that has long defined Tim Ho Wan in its home market.

“Tim Ho Wan’s recognition in the Michelin Guide is a reflection of the care and discipline behind the brand,” said Ernesto Tanmantiong, Jollibee Group Global President and CEO. “At the Jollibee Group, we are committed to growing brands like this in a way that stays true to their roots while allowing more people around the world to experience what makes them special.”

Founded in Hong Kong in 2009 by chefs Mak Kwai Pui and Leung Fai Keung, Tim Ho Wan quickly rose to prominence after earning a Michelin star within its first year. Its Sham Shui Po branch, opened in 2010, has since remained a consistent presence in the Michelin Guide, underscoring the brand’s enduring culinary standards.

Scaling a Heritage Brand Through Operational Discipline

Under the Jollibee Group, Tim Ho Wan has strengthened its operating model to support consistent execution and long-term growth across markets.

Ongoing investments in kitchen systems, chef training, menu development, and store operations have enhanced consistency across locations while preserving the craftsmanship rooted in its Hong Kong origins. The continued recognition in Hong Kong reinforces the market’s role as the brand’s culinary and operational benchmark.

“These capabilities allow us to stay true to what makes Tim Ho Wan special, while ensuring we can deliver that same experience consistently as we grow,” said Sheng Lee, Chief Executive Officer of Tim Ho Wan.

“This recognition reflects the discipline of our teams in delivering consistent quality day in and day out. We remain focused on elevating our craft through rigorous training, responsible sourcing, and thoughtful service so that high-quality meals remain welcoming to guests around the world,” Lee added.

A Distinct Concept for Global Expansion

Tim Ho Wan’s combination of quality and value positions it as a distinctive concept in the global restaurant landscape.

Supported by strengthened systems and operating discipline, the brand offers a compelling platform for growth across international markets—anchored on consistency in its home market and enabled by replicable operating standards.

A Global Brand Rooted in Hong Kong

From a 20-seat dim sum shop in Hong Kong to a globally recognized brand, Tim Ho Wan continues to demonstrate how culinary heritage and operational discipline can come together to create a strong and scalable business.

The latest Bib Gourmand recognition reinforces Tim Ho Wan’s position as a globally relevant dim sum brand—rooted in Hong Kong and supported by the Jollibee Group’s platform for sustained and disciplined growth.

Disciplined Growth Backed by the Jollibee Group

The continued recognition also reflects the Jollibee Group’s approach to scaling heritage brands through operational excellence and long-term stewardship.

“Tim Ho Wan’s sustained recognition reflects the strength of its heritage and the discipline behind its execution,” said Richard Shin, CEO of JFC International and Global Chief Financial and Risk Officer of the Jollibee Group. “At the Jollibee Group, we focus on strengthening the systems and platforms that allow brands like Tim Ho Wan to grow while preserving the authenticity and craftsmanship that made them successful.”

System-wide sales (SWS) expanded significantly from Php1.3 billion in 2024 to Php8.1 billion in 2025, highlighting the brand’s accelerating scale and growing contribution to the Group’s global operations.

In its home market, Tim Ho Wan has strengthened its core Hong Kong footprint, doubling its store network to 10 locations within approximately one year. Recent store openings have delivered attractive payback periods (circa 1.5 years) and profitability, reinforcing confidence in the brand’s unit economics and disciplined growth approach.

Growth has been broad-based across both company-operated and franchise markets. Sales performance strengthened across markets such as Hong Kong, Singapore, and China, while franchise markets, including the Philippines, Vietnam, and Japan, continue to build momentum, further validating the brand’s strong international resonance and scalability.

The brand also reached an important milestone in its global expansion with the opening of its first company-operated North America store in Irvine, California, marking a significant step in establishing a direct presence in one of the world’s largest consumer markets. This re-entry into North America reflects the transportability of the brand’s operating model and positions Tim How Wan for a new phase of long-term growth and further global brand development.

Hashtag: #JollibeeGroup

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

About Jollibee Group

Jollibee Foods Corporation (PSE: JFC) (the “Company”) is one of the world’s fastest-growing restaurant companies, driven by its purpose of spreading joy through superior taste. It manages and operates a portfolio that includes 19 brands (the “Jollibee Group”) with over 10,000 stores and cafés across 33 countries.

The Jollibee Group’s portfolio includes nine (9) wholly-owned brands (Jollibee, Chowking, Greenwich, Red Ribbon, Mang Inasal, Yonghe King, Hong Zhuang Yuan, Smashburger and Tim Ho Wan), five (5) franchised brands (Burger King, Panda Express, Yoshinoya, Common Man Coffee Roasters, and Tiong Bahru Bakery in the Philippines), and ownership stakes in other key brands like The Coffee Bean and Tea Leaf (80%), Compose Coffee (70%), SuperFoods Group that operates Highlands Coffee (60%), and bubble tea brand Milksha (51%). The Company also has membership interests in Tortazo, LLC, along with Chef Rick Bayless, for Tortazo in the U.S. and in Botrista, a leader in beverage technology.

The Jollibee Group’s global sustainability agenda, Joy for Tomorrow, underscores its commitment to sustainable business practices across food safety, employee welfare, community support, good governance, and environmental responsibility, among others. These focus areas are aligned with the United Nations Sustainable Development Goals (UN SDGs).

The Company has been recognized as the Philippines’ Most Admired Company by the Asian Wall Street Journal, named one of Asia’s Fab 50 Companies, and listed among Forbes’ World’s Best Employers and Top Female-Friendly Companies. The Company is also a four-time Gallup Exceptional Workplace Award recipient and featured in TIME’s World’s Best Companies and Fortune’s Southeast Asia 500 List.

To learn more about Jollibee Group, visit www.jollibeegroup.com

Ingdan Posts Landmark Full-Year Results with 50.1% Revenue Growth, Backed by Robust AI Chip Demand and Expanding Proprietary Product Portfolio

Highlights of the Annual Results for the Year Ended December 31, 2025:

• Robust Revenue Growth: Group revenue surged by 50.1% year-on-year to RMB15,206.7 million, driven by heightened demand for AI computing power and a strategic expansion into high-growth AI application markets.
• Strong Profitability: Gross profit increased by 24.1% to RMB1,104.2 million. Net profit was approximately RMB310.2 million, up 13.4%; profit attributable to equity shareholders of the Company grew by a robust 13.1% to RMB214.8 million, demonstrating effective monetization of its platform and operational efficiency.
• Building on the substantial investments made in large-scale AI computing power and proprietary products in 2025, the Company is confident that its revenue growth trajectory will accelerate in 2026.

HONG KONG SAR – Media OutReach Newswire – 1 April 2026 – Ingdan, Inc. (“Ingdan” or the “Company,” Stock Code: 400.HK; together with its subsidiaries, the “Group”), an innovative technology services platform group, today announced its audited consolidated results for the year ended December 31, 2025 (“2025” or “the Year”). The results reflect a landmark year of performance, further cementing the Company’s position at the core of the AI industry value chain. The Group serves as an ecosystem services platform anchored in AI chips, with a strategic focus on AI computing power centers and AI smart terminals. The Company is dedicated to building an AI industry connector with broad industrial linkages. Its core positioning is to bridge upstream AI chip technology with the needs of downstream innovation enterprises. The Group has established deep partnerships with world-leading chip manufacturers including NVIDIA, Xilinx, Intel, AMD, and SanDisk. Leveraging chip distribution as its gateway, the Group provides customers with an integrated, full-chain service covering technology solutions, supply chain services, technical training, and after-sales operation and maintenance — connecting the ecosystem service chain from chip supply to end-application deployment, and empowering the industrialization of AI technology.

2025 Full Year Financial Highlights

Benefiting from continued robust AI computing power demand and a significant uptick in chip requirements across AI technology-related industries, the Group’s revenue for the year reached approximately RMB15,206.7 million, comprising 62.6% from technology solutions, 37.0% from distribution business, and 0.4% from proprietary products — representing a year-on-year increase of approximately 50.1% from RMB10,129.1 million in 2024. The Group’s gross profit was approximately RMB1,104.2 million, up 24.1% year-on-year. Operating profit was approximately RMB532.4 million, up 24.4% year-on-year. Net profit after tax was approximately RMB310.2 million, up 13.4% year-on-year. Profit attributable to equity shareholders of the Company was approximately RMB214.8 million, up 13.1% year-on-year.

As at December 31, 2025, the Group’s cash and bank balances (including pledged deposits) amounted to RMB1,264.3 million, bank loans stood at RMB2,628.0 million. The total number of issued ordinary shares was 1,644,262,732 shares, with basic weighted average shares of 1,582,928,000 shares.

Deepening AI Computing Power Supply Chain: Comtech Continuously Empowering Industry Innovation

In the current strategic growth phase of the global semiconductor industry, the synergistic evolution of AI, cloud computing, and IoT technologies — combined with breakthroughs in humanoid robotics — is driving exponential growth in global computing power demand. This trend is not only spurring iterative demand for high-performance computing chips such as GPUs and ASICs, but also accelerating technological upgrades across the entire industry chain, including high-speed storage chips and intelligent networking equipment.

Against this backdrop, the Group’s core business unit, Comtech (“Comtech”) — a technology services platform for the chip industry — serves as a core supplier in the AI computing power supply chain, and is deeply engaged in the development of global computing power networks, with its service coverage spanning data centers, AI servers, AI switches, optical modules, and a wide range of AI application sectors. Comtech collaborates closely with leading global chip manufacturers, acting as an authorized distributor for over 80 core suppliers, including NVIDIA, Xilinx, Intel, AMD, and SanDisk, and many leading domestic chipmakers.

Leveraging years of deep market expertise, Comtech has accumulated extensive technical experience and industrial resources, enabling it to provide chip application solutions and supply chain management services to tens of thousands of downstream clients. Utilizing proprietary AI technologies, large language models (LLMs), and specialized knowledge bases, Comtech delivers intelligent and automated solutions in chip selection, hardware design, software development, and system integration, significantly enhancing product performance and reliability.

Comtech’s proprietary product line is entering a new era of AI acceleration. The Company holds multiple proprietary intellectual property rights in AI chip applications and intelligent supply chain, including an intelligent algorithm library, industry-specific large language models, an intelligent hardware design platform, an adaptive system architecture, and a broad portfolio of innovative technology patents. Its subsidiary, Kepler Lab, has successfully developed SOM-level proprietary products based on core chips including NVIDIA Jetson and Xilinx FPGA. Benchmarked against international advanced standards, these domestically developed AI edge computing products have achieved mass shipments to customers including customs authorities and banks, and are being actively expanded into emerging sectors such as robotics, medical devices, and autonomous driving. With high gross margins and a customer base that naturally overlaps with the Company’s traditional distribution business, this proprietary product line is poised to establish a second growth curve — marking the Company’s strategic transformation from a supply chain service provider to a technology value-added service provider, and opening compelling new possibilities for the Group’s long-term value creation.

As at December 31, 2025, Comtech’s adjusted distribution cost (“ADC”) inventory amounted to approximately RMB772.0 million. For the year ended December 31, 2025, ADC inventory turnover for Comtech was approximately 21 days.

Ingdan Technology Accelerates Strategic Positioning: AI Servers and Talent Development Advancing in Tandem

AI Computing Center Business: Precisely Capturing Domestic Computing Power Demand

In view of accelerating global AI technological advancement and sustained growth in domestic computing power demand, universities, medical schools, and research institutions have an increasingly urgent need for self-controllable, high-performance AI computing power. The Group’s intelligent computing power technology and services platform Ingdan Technology (“Ingdan Technology”), is capitalizing on the import-substitution opportunity by strategically deploying its AI server business and making large-scale investments in AIDC (AI Data Center) computing power center operations and proprietary product development.

Through deep collaboration with Huawei and leveraging the Ascend 910 chip, Ingdan Technology has launched the DeepSeek all-in-one workstation to precisely address the core computing power needs of scientific researchers. The DeepSeek all-in-one workstation features stable computing performance, robust data security, and full technological autonomy — achieving a distinctive competitive advantage through the combination of leading manufacturer endorsement and customized services.

Ingdan Academy: Talent Development Surges More Than Fourfold, Supporting National Semiconductor Strategy

Leveraging the Group’s extensive resources and technological expertise in the chip industry, Ingdan Academy introduces world-leading chip application technologies and is dedicated to developing talent in chip application and AI. To date, Ingdan Academy has cumulatively trained over 9,000 chip application engineers — surpassing the previous milestone of 2,000 by more than fourfold — serving over 1,200 enterprises and supplying a large number of high-quality professionals to the chip and AI industries. Through continuous talent training and technical support, Ingdan Academy is working to help Shenzhen become a global center for chip application and AI, contributing to the development of the nation’s semiconductor industry.

Chief Executive Officer’s Outlook

Mr. Jeffrey Kang, Chairmanand CEO of Ingdan, Inc., commented: “2025 has been a year of profound milestone significance in the Company’s development journey. Building on the substantial investments made in large-scale AI computing power and proprietary products throughout 2025, we are confident that our revenue growth trajectory will accelerate in 2026.The astonishing growth in AI computing power demand has fully validated the Group’s forward-looking strategic positioning across the AI chip application value chain.Looking ahead, we anticipate significant performance improvement driven by robust and sustained growth in demand for AI chips, GPUs, and storage networking chips. Supported by a robust bank financing framework, we expect sales to major customers to grow substantially — injecting powerful momentum into the Group’s exceptional performance growth in 2026 and laying a solid foundation.

We are full of confidence in the Group’s future development, and we extend our sincere gratitude to every shareholder, customer, and business partner for their continued trust and support.”

Cautionary Statement

The information contained herein has not been independently verified. No representation, warranty or undertaking, express or implied, is made as to, and no reliance should be placed on, the fairness, accuracy, completeness or correctness of the information or the opinions contained herein by the Company or any of its affiliates, advisers or representatives. The information contained herein should be considered in the context of the circumstances prevailing at the time and is subject to change without notice. The Company does not undertake to update the information contained herein to reflect events or circumstances occurring after the date hereof.

This document is not intended to provide, and you should not rely upon it for, a complete or comprehensive analysis of the Company’s financial or operating condition or prospects. Neither the Company nor any of its affiliates, advisers or representatives shall have any liability whatsoever (in negligence or otherwise) for any loss howsoever arising from any use of this document or its contents or otherwise arising in connection therewith.

This document may contain forward-looking statements that reflect the Company’s current intentions, beliefs and expectations regarding future events as of the dates indicated herein. Such forward-looking statements are not guarantees of future performance and are based on numerous assumptions regarding the Company’s present and future business strategies and the environment in which the Company will operate in the future, and are subject to significant risks and uncertainties. In light of these risks, uncertainties and assumptions, actual results may differ materially from those expressed or implied by such forward-looking statements. The Company and its affiliates, advisers and representatives undertake no obligation and make no commitment to update any forward-looking statements to reflect events or circumstances occurring after the relevant date.

Hashtag: #Comtech #Ingdan #AI #IC #Chips #humanoid #Intel #AMD #Sandisk #NVIDIA #Tech #RevenueGrowth #TechGrowth #AIInvestment #ProprietaryProducts #KeplerLab #Comtech #IngdanTechnology #IngdanAcademy #AIAcceleration #TechTransformation

https://ingdangroup.com/

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

About Ingdan, Inc.

Ingdan, Inc. (Stock Code: 400.HK) is an ecosystem services platform anchored in AI chips, with a strategic focus on AI computing power centers and AI smart terminals. The Company is dedicated to building an AI industry connector with broad industrial linkages. Its core positioning is to bridge upstream AI chip technology with the needs of downstream innovation enterprises. Leveraging chip distribution as its gateway, the Company provides customers with an integrated, full-chain service covering technology solutions, supply chain services, technical training, and after-sales operation and maintenance — connecting the ecosystem service chain from chip supply to end-application deployment, and empowering the industrialization of AI technology.

Headquartered in Shenzhen, the Group operates offices and branches across major cities in China, including Hong Kong, Shanghai, Beijing, Wuhan, Chengdu, Nanjing, Hangzhou, and Xi’an, as well as representative offices in Singapore and Japan. The Group’s core businesses are Comtech — a technology services platform for the chip industry; and Ingdan Technology — a platform providing intelligent computing power technology and services.