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Glory Star expected to further increase profitability

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5 years ago

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Glory Star New Media Group, a Nasdaq-listed digital media platform and content-driven e-commerce company in China, is expected to be able to further increase its profitability with its growing market share and economy of scale.

The company reported a 15.8% growth in its Non-GAAP net income to US$16.9 million for the six-months ended June 30 from US$14.6 million in the same period of last year.

During the first half of this year, the company’s total revenues grew 144.6% to US$71.9 million from US$29.4 million, thanks to the increase in advertising revenues and Cheers e-Mall marketplace service revenue, primarily attributable to the development and promotion of its mobile and online businesses.

Income from operations surged 40.9% to US$16.2 million from US$11.5 million.

During the first half year of 2021, the company successfully grew its top and bottom lines as it allocated more resources to sales and marketing to augment its brand equity and fuel its long-term growth engine.

The company’s rising economy of scale will allow it to gradually reduce operating expenses and capitalize on the rising popularity of video content and deliver lasting shareholder value.

At the end of June 30, the number of downloads of the company’s Cheers App reached 215.6 million, up from 121 million a year earlier. The increase in the number, a key indicator of the attractiveness and usability of its Cheers App and its e-Mall platform traffic, showed that it had successfully converted viewers of its content to its Cheers App.

Average daily active users (DAUs) of the app grew to 7.1 million from 4.5 million for the same period. Stock Keeping Units (SKUs) on its Cheers e-Mall platform jumped to 231,630 from 19,984.

Gross Merchandise Value (GMV) of the Cheers App reached US$181.2 million in the first six months of this year, compared with US$20 million in the same period of 2020. The increase in GMV was driven significantly by its ability to attract and retain users to its Cheers App through its professionally produced content and its ability to further enhance its product offerings.

The company has a strong commitment to its corporate mission, meticulous execution of growth strategies, methodical expansion in both overseas and domestic markets, proactive engagement of Generation Z users through innovative products, and prudent investment in sales and marketing initiatives. It plans to refine its competitive edge in content-driven e-commerce of premium lifestyle, deepen our expertise in integrating quality content with lifestyle commerce, and expand our brand influence among Generation Z consumers on a global basis.

During the first half year, the resurgence of Covid-19 and its Delta variant caused the Chinese government to impose travel restrictions within mainland China, particularly in the southern regions of the country.

The company temporarily suspended the production of its traditional “Cheers Series” TV programs, thus resulting in a decline in its cost of revenues during the first six month of 2021. Once the travel restrictions are eased, the company will resume its content production activities in the second half of this year.

As of June 30, 2021, the company had cash and cash equivalents of US$20.3 million, compared with US$17.7 million at the end of last year.

Blockchain and AI technologies

Since its establishment in 2016, Glory Star has pioneered a unique, new business model integrating e-commerce services with premium video content. With the use of blockchain and AI technologies in its systems, the company has become a leading online digital media and entertainment company in China, with a strong track record both in terms of viewership and production capabilities. The company launched its Cheers App in 2018 to integrate e-commerce services with professionally generated content (PGC).

During the first half, the company produced many more live streaming shows and started to provide title sponsor advertising services at a higher price point. It also spent substantially on the development of the Cheers Chat and Cheers Car.

The company plans to provide more user-generated content (UGC) by forming partnerships with other platforms. It will allow global users to upload their content to its video platforms in the fourth quarter of this year while users will receive advertising revenue or get rewards from viewers directly.

The company will also allow content providers to use its software-as-a-service (SaaS) supply chain system with the blockchain technology that will help them match with relevant merchandisers. Content providers will be able to share the revenue from the sales of products on their video accounts.

The company’s ability to integrate premium lifestyle content, including short videos, online variety shows, online dramas, live streaming, its Cheers lifestyle video series, e-Mall, and mobile app, along with innovative e-commerce offerings on its platform enables it to pursue its mission of enriching people’s lives.

Its large and active user base has created valuable engagement opportunities with consumers and enhanced platform stickiness with thousands of domestic and international brands.

Non-fungible token

Glory Star’s Naschain platform offers one-stop solutions, which include smart contract, multichain universe and cross-chain consensus mechanisms, to users with its blockchain technology. It can help e-shoppers trace the origins of the products, avoid buying counterfeit goods, lower their logistics costs and protect their privacy.

The company has signed an agreement with the Beijing Minsheng Art Museum to use the company’s non-fungible token (NFT) technology, which can be used in copy-rights’ registration, verification, transaction and valuation, to protect the intellectual property of the museum’s artworks. The company will be able to boost its market share by acquiring some NFT service providers.

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Press Release

Light In Fitness Expands Its Professional Fitness Equipment Portfolio to Meet Growing Demand Across France and Europe

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February 21, 2026

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France, 21st Feb 2026 – Light In Fitness, a leading provider of professional fitness equipment and training solutions, is strengthening its position in the European market with an expanded portfolio of high-performance gym equipment, professional cardio machines, CrossFit structures, and durable sports flooring systems. With a focus on innovation, durability, and athlete-centered design, the company continues to support commercial gyms, sports clubs, rehabilitation centers, municipalities, and private training facilities across France and beyond.

As the demand for premium training environments continues to grow, Light In Fitness is responding with a comprehensive range of professional strength training equipment and professional weight machines engineered for intensive use. The company offers advanced guided weight machines, selectorized systems, plate-loaded machines, and complete strength circuits designed to maximize biomechanics, safety, and performance. Each piece of equipment is built to withstand the rigors of high-traffic fitness facilities while delivering smooth movement and ergonomic comfort for users of all levels.

“Our mission is to provide facilities with professional fitness equipment that combines performance, durability, and modern design,” said Michael Galy, representative of Light In Fitness. “From strength training zones to cardio spaces and outdoor fitness installations, we deliver complete solutions tailored to the needs of today’s fitness professionals.”

Advanced Professional Cardio Training Solutions

Light In Fitness also offers a robust lineup of professional cardio training equipment, including professional treadmills, professional elliptical trainers, professional rowing machines, and professional exercise bikes. Designed for continuous commercial use, these machines integrate cutting-edge technology, intuitive consoles, and superior shock absorption systems to ensure optimal comfort and long-term reliability.

Whether equipping a boutique studio or a large-scale health club, clients benefit from energy-efficient motors, customizable training programs, and sleek, space-conscious designs that enhance the user experience. Each cardio solution is selected to meet strict quality standards and support facilities aiming to deliver exceptional member satisfaction.

Complete CrossFit and Functional Training Structures

Recognizing the rapid growth of functional fitness and high-intensity training, Light In Fitness provides a full range of CrossFit cages, CrossFit stations, street workout cages, and street workout stations. These modular structures allow gyms and municipalities to design customized functional training zones suitable for group sessions, personal training, and competitive events.

The company also supplies ninja warrior courses, obstacle training setups, and MMA cages designed to meet professional standards for combat sports and athletic performance centers. Built with heavy-duty steel and reinforced safety features, these systems are ideal for both indoor and outdoor installations.

High-Performance Sports Flooring Systems

Flooring is a critical component of any professional training space, and Light In Fitness offers premium rubber flooring for gyms, weight room flooring, and specialized CrossFit flooring engineered to absorb impact and protect both equipment and athletes. The company’s sports flooring solutions include high-density rubber tiles and durable rubber rollers for large-scale installations.

For martial arts and combat sports facilities, Light In Fitness supplies professional-grade tatami mats that provide superior grip, cushioning, and durability. Each flooring solution is designed to meet safety standards while maintaining an aesthetic finish that enhances the overall training environment.

Outdoor Fitness and Stainless Steel Equipment

In response to increasing interest in outdoor wellness spaces, Light In Fitness has expanded its range of outdoor fitness equipment, outdoor fitness stations, and fitness trails suitable for parks, schools, and community recreation areas. The company also offers outdoor street workout stations constructed from weather-resistant materials, including premium stainless steel outdoor equipment engineered for long-term durability in all climates.

These outdoor solutions support public health initiatives and encourage accessible physical activity by transforming open spaces into dynamic training zones.

About Light In Fitness

Light In Fitness is a France-based supplier of professional gym equipment and complete fitness facility solutions. The company specializes in commercial-grade strength machines, professional cardio equipment, CrossFit rigs, sports flooring systems, and outdoor fitness installations. Serving fitness centers, performance training facilities, hotels, corporate gyms, and public institutions, Light In Fitness is committed to delivering durable, innovative, and customizable solutions tailored to each project.

With a strong focus on quality control, modern engineering, and client support, Light In Fitness collaborates closely with architects, gym owners, and sports organizations to design optimized training environments that enhance performance and user experience.

For more information, visit https://lightinfitness.com .

Media Contact

Organization: Light In fitness

Contact Person: Michael galy

Website: https://lightinfitness.com

Email: Send Email

Country:France

Release id:41756

The post Light In Fitness Expands Its Professional Fitness Equipment Portfolio to Meet Growing Demand Across France and Europe appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

Four Dragons Announces Partnership with ServiceNow to Accelerate Enterprise Adoption of Now Assist and AI Agents

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February 21, 2026

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United States, 21st Feb 2026 — FourDragons, a ServiceNow Consulting and Implementation Partner specializing in IT Operations Management (ITOM) and automation, today announced a collaboration with ServiceNow to implement Now Assist and AI Agents for enterprise customers globally. This partnership positions Four Dragons at the forefront of the generative AI revolution, helping organizations move beyond experiment-phase AI to fully autonomous, agent-led digital operations.

The announcement comes as Four Dragons prepares for its presence at Knowledge 2026 (K26), ServiceNow’s flagship annual conference taking place May 5–7, 2026, at The Venetian Resort in Las Vegas.

Redefining IT Operations at K26

Four Dragons will lead a breakout session at K26 titled “Stop Babysitting Your Infrastructure: AI Agents for ITOM Automation.” The session will demonstrate how the integration of ServiceNow AI Agents allows IT teams to transition from manual monitoring to a “manager-of-agents” model. Attendees will learn how Four Dragons leverages Now Assist to proactively resolve infrastructure issues before they impact business, reducing the need for constant human oversight of routine maintenance and incident response.

Thought Leadership in the CTA Community

In addition to the technical session, Four Dragons’ Practice Lead Brandon Wilson will join an exclusive panel of Certified Technical Architect (CTA) Alumni. This panel will highlight the critical role that architects play in governing and scaling AI agents within the enterprise, sharing best practices for maintaining security and alignment with the Common Service Data Model (CSDM) while deploying autonomous workflows.

“Uniting AI, data and workflows on the ServiceNow AI Platform is a watershed moment for IT Operations,” said Ian Cox, Chief Executive Officer at Four Dragons. “By partnering to implement Now Assist and AI agents, we aren’t just giving our customers better tools—we are giving them back their time. Our presence at K26 is about showing the world that ‘self-healing’ infrastructure is no longer a buzzword; it’s a production reality.”

About Four Dragons

Four Dragons is a dedicated ServiceNow Partner that bridges the gap between complex business requirements and high-performance technical execution. Specializing in ITOM, ITAM, and SecOps, Four Dragons provides certified talent and strategic advisory to help enterprise clients maximize their ServiceNow investment. With a focus on value realization and CMDB health, Four Dragons ensures that the foundation of the modern enterprise is ready for the future of AI.

ServiceNow, the ServiceNow logo, and other ServiceNow marks are trademarks and/or registered trademarks of ServiceNow, Inc. in the United States and/or other countries. 

Media Contact

Organization: Four Dragons

Contact Person: Ian Cox

Website: https://www.fourdragons.com

Email: Send Email

Country:United States

Release id:41754

The post Four Dragons Announces Partnership with ServiceNow to Accelerate Enterprise Adoption of Now Assist and AI Agents appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Press Release

Health-Based Mold Assessment and Remediation Now Backed by Medical Expertise to Protect Service Members and Their Families

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February 21, 2026

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United States, 21st Feb 2026 — The National Organization of Remediators and Microbial Inspectors (NORMI) has announced the creation of its NORMI Medical Advisory Board, a strategic initiative aimed at enhancing protocols used in mold assessment and remediation—especially in housing environments occupied by military personnel and their families.

The board is led by Dr. Andrew Heyman, MD, an expert in environmental medicine and mold-related illness. This initiative will directly support health-driven indoor air quality (IAQ) strategies across both on-base and privatized off-base housing, where persistent mold and water damage issues have impacted service member readiness, health, and morale.

Mission-Focused: Protecting the Force and Their Families

Mold-related illnesses and poor indoor air quality have become a growing concern across various Department of Defense (DoD) housing portfolios. The NORMI Medical Advisory Board, which includes nationally recognized medical professionals, is working to align the remediation industry with healthcare-informed practices—ensuring that mold issues are not only removed but remediated to a health-protective standard.

NORMI’s flagship solution, the NORMI Medically-Sound Level Four Protocol, is already being taught nationwide. It is now formally endorsed by the board as the leading process for restoring indoor environments—particularly for sensitive individuals suffering from conditions such as asthma, allergies, inflammation, and other mold-related illnesses.

“Environmental illness among our military families is a national readiness issue,” says Dr. Heyman, Medical Director of Integrative Medicine at The George Washington University.
“We cannot ask service members to deploy while their families are falling ill in their own homes. Patients are being treated for mold-related illnesses while still exposed to the source. The Level Four Protocol finally gives remediation professionals a clear path forward. The NORMI Medical Advisory Board has reviewed the NORMI level 4 protocol and validates it as implemented by the NORMI trademarked NCRSI (Certified Remediation for Sensitized Individuals) professional, as medically sound remediation and offers a superior alternative to the industry standard which often fails the needs of sensitized patients.”

Backed by Science. Delivered with Precision.

The NORMI Medical Advisory Board includes:

  • Dr. Andrew Heyman, MD – Environmental Illness & Integrative Medicine
  • Dr. Ross, MD – Neuropsychiatry Specialist
  • Jim LaValle, RPh – Clinical Pharmacist, Metabolic Health Expert
  • Ray Solano, RPh – Functional Pharmacy Leader
  • Allison Remy, PA-C – Physician Assistant, Environmental Health Advocate

Together, they are bridging the gap between remediation professionals and healthcare providers to ensure that homes are not just visibly clean, but biologically safe.

Level Four Protocol: A Standard Built for Readiness

NORMI’s Medically-Sound Level Four Protocol adheres to the IICRC S-520 Standard of Care while going several steps further utilizing the NORMI Professional Practices. It provides a roadmap for:

  • Assessing mold in homes where occupants are experiencing chronic symptoms
  • Ensuring proper containment, cleaning, and decontamination
  • Restoring environments to a state that promotes wellness and occupant safety

This approach is ideal for military families with young children, elderly dependents, or service members with pre-existing health vulnerabilities.

Find Certified Professionals Nationwide

The NORMI.org Directory offers a reliable way for military housing providers and DoD contractors to find certified, vetted professionals trained in health-based remediation.

www.NORMIPro.com

NORMI is prepared to support DOD-wide implementation of safer, smarter remediation strategies—from initial IAQ assessments to post-remediation verification.

About NORMI

The National Organization of Remediators and Microbial Inspectors (NORMI) provides training, certification, and ongoing support to IAQ and mold remediation professionals. Through innovative protocols, medical collaboration, and a national registry of trained experts, NORMI is leading the charge in environmental health and housing safety.

Learn more at:
www.NORMI.org
www.NORMIPro.com

Media Contact

Organization: NORMI, National Organization of Remediators and Microbial Inspectors

Contact Person: Doug Hoffman

Website: https://www.normi.org/

Email: Send Email

Country:United States

Release id:41753

The post Health-Based Mold Assessment and Remediation Now Backed by Medical Expertise to Protect Service Members and Their Families appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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