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ALUMINIUM CHINA 2025: Celebrating 20 Years of Collective Achievements and Embracing a New Chapter

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SHANGHAI, Nov. 4, 2024 /PRNewswire/ — The 20th ALUMINIUM CHINA will take place from July 9-11, 2025, at the Shanghai New International Expo Centre (SNIEC). Organized by RX China, the event will feature over 600 diverse exhibitors showcasing the entire aluminium industry chain. With the theme “Aspirational•Limitless•Unique: 20 Years of Excellence,” the exhibition will span over 60,000㎡ and expects more than 30,000 global professionals. Exciting activities throughout the year will foster international exchange, business cooperation, and celebrate innovation and development in the aluminium sector.

A Year Full of Engagements and Innovations

To mark its twentieth anniversary, ALUMINIUM CHINA will launch various activities aimed at fostering industry connections and showcasing achievements.

  • Exclusive Visits to Top Enterprises

Leading up to next year’s exhibition, the “Visits to Leading Aluminium Enterprises” initiative will offer site visits to prominent companies in the aluminium processing sector. Through tailored one-on-one discussions, this initiative will spotlight the noteworthy accomplishments of these leading enterprises in advancing the aluminium industry. Their invaluable experiences and inspiring growth stories will be shared alongside the exhibition.

  • Dazzling Array of Events

Building on the success of multiple “Exploring Application Industries” events over the past year, which garnered widespread acclaim, the focus remains sharp in 2025, as 2025 marks the 20th anniversary of the exhibition. Efforts will intensify in exploring key application markets such as automotive, packaging, home appliances, 3C electronics, solar photovoltaics, and energy storage. Notable representatives and experts will participate, creating a diverse platform for industry exchange and learning, featuring thematic reports, supply-demand matching, product displays, roundtable discussions, and closed-door meetings.

  • Recognizing Industry Achievements

In the flourishing landscape of the aluminium processing industry over the last two decades, numerous innovative technologies and superior products have emerged, fostering high-quality sectoral growth. To set industry standards and promote healthy development, ALUMINIUM CHINA is proud to introduce the “ALU FUTURE Awards.” This prestigious accolade aims to honor exceptional contributions from enterprises and individuals in the aluminium sector, spanning categories such as the Application Innovation Award, Craftsmanship Award, and Honorary Award for Quality Partners.

  • Enhancing Global Connection Initiatives

Capitalizing on years of amassed international resources, ALUMINIUM CHINA is poised to strengthen initiatives aimed at connecting with overseas markets. By empowering enterprises to reach global markets, a series of activities including overseas market research, trade matchmaking and high-level meetings will be orchestrated in foreign countries and regions. Furthermore, collaborations with international industry associations will be strengthened, spotlighting guest country of honor activities and other international features at the grand 20th-anniversary exhibition.

  • Bridging Industry, Academia, and Research

ALUMINIUM CHINA have meticulously outlined a series of industry-academia-research activities. The specially curated “Innovation Achievements Showcase” will illuminate aluminium material research outcomes from universities and research institutions, showcasing high-performance aluminium alloys and environmentally friendly aluminium-based composites. Attendees will have a unique opportunity to interact closely with cutting-edge technology and witness the allure of innovation. Furthermore, the grand “Empowering Industries of the Future: Aluminium Innovation and Development Symposium” is scheduled, inviting distinguished scholars and industry experts from globally renowned universities to engage in profound dialogues on breakthroughs in aluminium materials research and emerging trends.

Two Decades of Continuous Growth

Since its inception in 2005, ALUMINIUM CHINA quickly emerged as a cornerstone for industry professionals worldwide.  During its early years (2005-2009), the exhibition expanded across various segments of the aluminium processing chain, steadily increasing exhibitors and attendees, surpassing 10,000 visitors. Strategic collaborations with domestic and international associations bolstered its reputation as a premier platform for communication.

From 2010-2014, ALUMINIUM CHINA solidified its role in connecting China’s aluminium sector with the global market. Attendance continued to grow as the exhibition welcomed professionals from over 60 countries, facilitating crucial discussions on market trends and technological innovations.

The subsequent five years saw continued growth, with approximately 400 exhibitors attracting over 24,000 visitors by 2019. ALUMINIUM CHINA emphasized “Technological Innovation for the Future,” showcasing cutting-edge applications of aluminium in sectors such as automotive lightweighting, packaging and consumer electronics through specialized exhibits. Notable collaborations, including featuring “India as the Guest Country of Honor” and “Thailand as the Guest Country of Honor,” opened new avenues for international exchange, enabling domestic companies to engage on a global scale.

Despite unprecedented global challenges during 2020-2024, ALUMINIUM CHINA introduced innovative solutions like online livestreaming and year-round business matchmaking. These adaptations ensured that over 600 exhibitors could connect with 29,000+ professionals from over 100 countries by 2024. The commitment to promoting sustainability was evident through initiatives supporting green practices within the industry.

The celebration of its 20th anniversary marks a momentous milestone for both the event and the enduring growth of the industry. For further insights into ALUMINIUM CHINA, please visit their official website at https://www.aluminiumchina.com/en-gb.html or Facebook page @Aluminium China.

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Fintech PR

The Adecco Group: Q3 2024 RESULTS

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November 5, 2024

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Robust performance in challenging markets; volumes stabilising

ZURICH, Nov. 5, 2024 /PRNewswire/ —

  • Revenues -5% yoy organic TDA, -3% yoy organic, a solid result given market conditions, high comparison base; volumes stabilising
  • By GBU, Adecco -5%, with good results across Asia, Iberia, EEMENA, LatAm outweighed by challenging markets, particularly in France, US; Akkodis -5%, with Consulting +2%; LHH -7%, with Recruitment Solutions stable qoq
  • Resilient 19.4% gross margin, sequentially flat, reflecting lower volumes, current business mix, firm pricing
  • SG&A expenses improved to €925 million, -5% yoy, with G&A -10% yoy and at 3.2% of revenues
  • Robust 3.3% EBITA margin, reflecting strong G&A savings, selective protection of sales and delivery capacity
  • Operating income €162 million; Net income €99 million; Basic EPS €0.59; Adjusted EPS €0.68
  • Operating cash flow +€121 million, weighed by timing differences; Free cash flow +€117 million YTD, higher yoy
  • Continued delivery of Simplify-Execute-Grow agenda:
    • G&A savings run-rate end-24 lifted to €171 million
    • Reprioritised IT/digital plan: accelerating AI adoption, expanding Global Delivery to improve fill rates, time-to-fill
    • Strong track record of market share gains; relative revenue growth, reported, +850 bps since introduction of Simplify-Execute-Grow (Q3 22), and +290 bps YTD 

Denis Machuel, Adecco Group CEO, commented:

“We continue to successfully deliver on our Simplify, Execute, Grow plan and third quarter performance was robust, against a high comparison base. The macroeconomic environment remains challenging, but I am encouraged to see that volume trends have stabilised.

We made further G&A savings in the quarter, allowing us to lift the year-end run-rate. We have reprioritised our IT/digital plans to accelerate AI adoption, and to expand Global Delivery to our top 25 customers. This will boost recruiter productivity and improve fill rates and time-to-fill, supporting profitable growth. We remain focused on capturing market share, building on strong progress over the last two years, and have positioned resources to capture growth opportunities as the market recovers.”

Full Press Release

Webcast Details | Investors & Analysts

Investor Relations
[email protected]
+41 (0)44 878 88 88

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DAMAC International Expands Presence in APAC with New Office in Hong Kong

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November 5, 2024

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Strategic launch to cater to the growing demand for luxury real estate across Asia-Pacific

HONG KONG, Nov. 5, 2024 /PRNewswire/ — DAMAC International, a global leader in luxury real estate, has officially opened its new office in Hong Kong, marking its third office in the Asia-Pacific (APAC) region. This expansion is part of DAMAC’s broader vision to strengthen its presence in one of the world’s fastest-growing regions, renowned for its rapid investment growth. The Hong Kong office is a strategic gateway to the APAC market. It allows DAMAC to better serve its expanding clientele by offering direct access to its prestigious properties in Dubai and other international locations, such as London and Miami.

The Hong Kong office will provide investors across the region access to personalised services, offering exclusive insights into DAMAC’s luxury residential towers, branded residences, and lifestyle communities. As demand from the APAC region continues to rise, DAMAC is poised to offer high-end real estate investment opportunities that cater to the needs of discerning clients.

Talking about the opening, Abbas Sajwani, Board Member, DAMAC International, stated: “This is yet another milestone in our expansion into the APAC region. The new office will allow us to be closer to our clientele. It is a testament to our belief in the region’s potential and commitment to providing top-tier investment opportunities in luxury development.”

By establishing this new office, DAMAC continues positioning itself as a leading player in the global real estate market. It further strengthens its ability to connect with clients to provide unparalleled luxury investment opportunities for long-term value.

About DAMAC International

DAMAC International has been at the forefront of the Middle East’s luxury real estate market since 2002, delivering award-winning residential, commercial and leisure properties across the region and internationally, including in the UAE, Saudi Arabia, Qatar, Jordan, Lebanon, Iraq, the Maldives, Canada, the United States, as well as the United Kingdom.

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Since then, the company has delivered more than 47,000 homes with over 40,000 more in diverse planning and development phases. Joining forces with some of the world’s most eminent fashion and lifestyle brands to create tremendous living experiences, such as with Versace, Roberto Cavalli, or de GRISOGONO. With a consistent vision and momentum, DAMAC is building the next generation of luxury living across the globe.

Live the Luxury.

Visit us at www.damacgroup.com 

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GTN and SBI Group collaborate to launch “SBI Saudi Arabia Equity Exchange Traded Fund (ETF)”

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November 4, 2024

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The launch marks the first ETF dedicated to investing in the Saudi Arabian stock market listed on the Tokyo Stock Exchange.

DUBAI, UAE, Nov. 4, 2024 /PRNewswire/ — GTN and SBI Holdings announced on October 30 at FII 8th Edition 2024 in Riyadh the launch of the “SBI Saudi Arabia Equity Exchange Traded Fund (ETF)”- a groundbreaking ETF dedicated to investing in the Saudi Arabian stock market and listed on the Tokyo Stock Exchange. This fund marks a significant milestone as it represents the first ETF focusing exclusively on Saudi equities to be accessible to Japanese investors.

The collaboration between GTN and SBI Group stems from a Memorandum of Understanding (MOU) signed in May 2024 in Tokyo at the Saudi Japan Vision 2030 Event in the presence of H.E. Eng. Khalid bin Abdulaziz Al-Falih, the Minister of Investment.

Inspired by Vision 2030, the ETF is expected to reflect the performance of the Saudi market and attract Japanese investors due to Saudi Arabia’s significant economic transformation, sustainable growth, and advanced financial infrastructure. The ETF will be managed to achieve investment results linked to the “MSCI Saudi Arabia Index (yen equivalent basis)”. SBI Asset Management received the regulator’s approval, and the ETF was successfully listed on the Tokyo Stock Exchange on October 31, 2024. 

As per the MOU signed between the parties, SBI Asset Management will be responsible for creating, managing and promoting the ETF in Japan, while GTN will provide research, execution, clearing and settlement services to the ETF. 

SBI Group is a strategic investor of GTN and a key partner in GTN’s expansion plans in Asia.   

The Chairman of GTN and its mother company NTG, Mohammed Rashid Al Ballaa said: “We are excited about the collaboration between SBI Group and GTN to launch the first-ever Saudi-focused ETF in Japan. SBI Group has access to over 10 million customers and is ideally suited to promote an ETF linked to the Saudi market in Japan. This milestone was achieved thanks to Mr. Yoshitaka Kitao, the visionary leader and founder of SBI Group.” “The ongoing support of the Saudi Stock Exchange and the Ministry of Investment in Saudi Arabia were also essential success factors in reaching this milestone,” said Mr. Al Ballaa.      

At the FII conference in Riyadh, Mr. Yoshitaka Kitao said: “I am excited to be in the Kingdom and see the development that has taken place over the past few years. I am also excited to see the unfolding of the Vision 2030. I am confident that the Saudi Arabia ETF will provide Japanese investors the opportunity to participate and be part of the growth journey of Saudi Arabia.” 

About GTN

GTN is a fintech pioneer with decades of success, holding broker-dealer and capital markets services licenses in multiple jurisdictions through subsidiaries. We are committed to empowering brokers, banks, asset managers, and fintechs with scalable and innovative investment and trading solutions that enable access to a comprehensive network of global markets and multiple asset classes, making investment and trading accessible to all.

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GTN brings together a diverse team of over 500 talented individuals spread across Brazil, Hong Kong, Saudi Arabia, Singapore, South Africa, Sri Lanka, the UAE, the UK, and the US, united by a shared passion and purpose: empowering clients and transforming the accessibility to investment and trading opportunities for all.

GTN is backed by strategic investors IFC, a member of the World Bank Group, and SBI Group, one of the largest financial services firms listed on the Tokyo Stock Exchange. To learn more, visit www.gtngroup.com or follow us on LinkedIn.

About SBI Group

Over 25 years of successful track record, SBI Group has become one of the largest FinTech companies in Japan. Listed on the Tokyo Stock Exchange, the SBI Group has over 19,000 employees and 685 group companies. SBI Group’s main businesses are financial services, asset management, investment business, Crypto-assets and Next Gen businesses such as biotechnology, healthcare and Web3.

SBI Group companies include SBI Securities, Japan’s number one online securities company, SBI Sumishin Net Bank, Japan’s largest internet bank in terms of deposit amount, and a variety of other financial companies.

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