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Glory Star expected to further increase profitability

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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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CVMR Corporation and the Central African Republic CAR Sign Landmark Mining and Refining Partnership

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CVMR Corporation CVMR, a global leader in advanced metal refining technologies, recently announced on November 27th that it has signed a long-term strategic partnership with the Government of the Central African Republic (“CAR”) for the exploration, development and in-country refining of the nation’s key mineral resources.

United States, 30th Dec 2025 – CVMR Corporation (“CVMR”), a global leader in advanced metal refining technologies, recently announced on November 27th that it has signed a long-term strategic partnership with the Government of the Central African Republic (“CAR”) for the exploration, development and in-country refining of the nation’s key mineral resources.

Under the public–private partnership, CVMR will, through a newly established local subsidiary, CVMR (Central African Republic), lead exploration, mining and refining activities for a portfolio of strategic minerals that includes uranium, tantalum and niobium (coltan), copper, antimony, nickel and gold. Uranium activities will be carried out by Uranium Power Corporation, a wholly owned U.S. subsidiary of CVMR with extensive experience in uranium mining and milling.

The 25-year partnership is designed to shift the Central African Republic from an exporter of largely unprocessed ore to a country that captures significantly more value through local processing and refining. The agreement provides for the phased construction of in-country facilities using CVMR’s proprietary vapor metallurgy and related technologies to produce high-purity metal products for global industrial markets.

“This partnership marks the beginning of a new chapter for both CVMR and the Central African Republic,” said Kamran M. Khozan, Chairman and Chief Executive Officer of CVMR Corporation. “By combining CAR’s geological potential with CVMR’s zero-emission, high-purity refining technologies, we aim to build a vertically integrated mining and refining platform that creates long-term value for the people of the Central African Republic, while supplying critical materials to our customers worldwide.”

Focus on Local Value Creation, Youth Employment and Skills

A central pillar of the agreement is the development of local skills and high-quality employment. CVMR® will work with universities, technical institutes and vocational schools in the Central African Republic to design training programs, apprenticeships and structured skills-transfer initiatives that support the operation and maintenance of the new facilities.

With nearly three-quarters of the population under the age of 35, the partnership seeks to create thousands of direct and indirect jobs over time, while building a new generation of Central African engineers, technicians and operators in mining, metallurgy, logistics and finance.

“We are not simply acquiring mineral rights; we are investing in people, institutions and long-term capacity,” added Mr. Khozan. “Our goal is that Central Africans will not only work in these operations – they will increasingly lead them.”

Dedicated Financial Platform for Mining and Infrastructure

As part of the broader collaboration, CVMR has committed to work with the Government of the Central African Republic to create a dedicated financial mechanism to support mining and related infrastructure projects. This specialized platform is expected to:

  • Facilitate domestic and international investment into mining and processing projects;
  • Support project financing for critical infrastructure, including power, transport and water; and
  • Promote transparency and best practices in the management of mining revenues.

The new vehicle is intended to attract capital from development finance institutions, multilateral agencies, private equity investors and strategic industry partners aligned with the country’s long-term development objectives.

Advancing Responsible and Sustainable Resource Development

In line with CVMR’s global standards, the partnership emphasizes environmental stewardship, transparency and responsible resource management. CVMR’s proprietary vapour metallurgy refining processes are designed to significantly reduce emissions, eliminate liquid effluents and minimize solid waste compared with conventional smelting and hydrometallurgical methods.

CVMR will support the Central African Republic in the accurate assessment and certification of mineral reserves, the adoption of international reporting standards and the development of modern environmental, social and governance (ESG) frameworks across the life cycle of each project.

“Our technologies were developed to solve real environmental and efficiency challenges in metal refining,” said Mr. Khozan. “We believe they are particularly well suited to frontier markets such as the Central African Republic, where building new facilities from the ground up allows us to implement state-of-the-art, low-emission solutions from day one.”

Operational implementation of the partnership is expected to begin within twelve months, starting with a comprehensive geological assessment program, prioritization of target districts and pre-feasibility work on the first generation of integrated mining and refining projects.

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Organization: CVMR Corporation

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Website: https://cvmr.ca/

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The post CVMR Corporation and the Central African Republic CAR Sign Landmark Mining and Refining Partnership 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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Cliff McCrary Brings Decades of Ingredient Industry Sales Leadership to TrueSource Ingredient Advisors

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DALLAS, TEXAS, 30th December 2025, ZEX PR WIRE, Cliff McCrary has spent his career inside the ingredient and food manufacturing sector, working at the intersection of sales strategy, customer development, and operational execution. As Founder and Principal of TrueSource Ingredient Advisors, LLC, McCrary applies more than three decades of hands on commercial experience to help ingredient suppliers and food manufacturers navigate increasingly complex markets with discipline and clarity.

McCrary’s professional background spans ingredient sales leadership, executive management, consulting, and category focused growth strategy. He began his career in ingredient sales in the early 1990s, holding long term leadership roles that shaped his practical understanding of customer behavior, pricing dynamics, and supply chain realities. Over time, his responsibilities expanded from frontline sales management into executive decision making, where he oversaw teams, portfolios, and revenue performance across changing market cycles.

TrueSource Ingredient Advisors was formed to address a consistent gap McCrary observed throughout his career. Many ingredient businesses invest heavily in product quality and operational capability but struggle to translate those strengths into scalable, repeatable sales performance. Market consolidation, volatile input costs, evolving buyer expectations, and increased reliance on data have placed new pressure on sales organizations that were not designed for this level of complexity.

“Ingredient companies are often selling highly technical products into demanding environments,” said McCrary. “Sales teams need structure, focus, and usable data. Strategy has to connect directly to how people sell every day.”

Based in the Dallas Fort Worth Metroplex, TrueSource Ingredient Advisors works with ingredient suppliers and food manufacturers across the United States. The firm provides sales strategy, market development, commercial planning, and execution support designed specifically for the ingredient sector. Engagements range from short term assessments to ongoing advisory relationships.

TrueSource focuses on practical outcomes. Its work begins with diagnostic analysis that examines customer segmentation, channel focus, pricing structure, pipeline performance, and alignment between sales commitments and operational capacity. From there, McCrary and his team design clear sales playbooks, account strategies, and forecasting models that commercial teams can execute without unnecessary complexity.

“Our role is not to introduce theory for theory’s sake,” McCrary said. “We build frameworks that sales teams can use immediately. If a strategy cannot be executed in the field, it does not belong in the plan.”

McCrary’s approach reflects his background across multiple leadership environments. Earlier in his career, he served as Sales Manager for Massey Fair Ingredients, where he gained direct exposure to ingredient distribution, customer negotiations, and long term account development. He later held executive leadership roles, including serving as Chief Executive Officer of WEG, where he spent more than a decade overseeing business operations, sales performance, and organizational growth.

In addition to his executive roles, McCrary worked as a consultant designing sales strategies for managing directors and leadership teams. His consulting work included CRM implementation, target market definition, and performance analysis, reinforcing his belief that data and structure must support, not replace, strong selling fundamentals.

TrueSource Ingredient Advisors reflects this blended perspective. The firm integrates analytics tools such as Excel, Tableau, Power BI, and leading CRM platforms to support forecasting, pipeline visibility, and performance tracking. At the same time, its recommendations remain grounded in real world sales behavior, customer decision cycles, and operational constraints unique to ingredient manufacturing.

“Data should clarify priorities, not overwhelm teams,” McCrary said. “When sales leaders can see where growth is realistic and where risk exists, decision making improves across the organization.”

Clients engage TrueSource for a range of commercial challenges. These include identifying high value customer segments, building go to market frameworks, improving conversion and retention, and aligning sales targets with supply capacity. The firm also supports sales enablement through custom playbooks, account planning templates, and coaching for sales managers and account executives.

McCrary emphasizes trusted partnership over transactional consulting. TrueSource engagements are structured to scale based on client needs, allowing organizations to move from assessment to execution without disruption. This flexibility reflects McCrary’s understanding of internal resource constraints and the operational demands facing ingredient businesses.

Outside of his professional work, McCrary maintains a disciplined personal routine focused on endurance and performance. He is an avid rucking enthusiast and Peloton rider, activities he credits with reinforcing consistency, focus, and long term commitment, traits he values in both business and leadership.

TrueSource Ingredient Advisors continues to expand its work with ingredient suppliers and food manufacturers seeking disciplined growth without unnecessary risk. As markets grow more competitive and data driven, McCrary believes the fundamentals remain unchanged.

“Strong sales performance comes from knowing your customers, understanding your capacity, and executing with focus,” he said. “Those principles still drive results.”

For more information about TrueSource Ingredient Advisors, LLC, contact Cliff McCrary.

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KeyCrew Media Selects Ryan Hinricher and Sunworth Homes as Verified Expert for Attainable Wellness Housing and Biophilic Design

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KeyCrew Media, a real estate analytics and media network, has selected Ryan Hinricher, Founder & CEO of Sunworth Homes, as a KeyCrew Verified Expert.

United States, 30th Dec 2025 – KeyCrew Media, a real estate analytics and media network, has selected Ryan Hinricher, Founder & CEO of Sunworth Homes, as a KeyCrew Verified Expert. Hinricher will contribute data-driven analysis on wellness-focused housing, biophilic design, and attainable luxury in Central Florida’s residential development sector.

KeyCrew Verified Experts are carefully selected as prolific market trend authorities who demonstrate exceptional insight and expertise in their fields. These distinguished professionals regularly contribute market insights, expert perspectives, and forward-looking analysis to help audiences navigate complex industry landscapes.

Ryan Hinricher brings over two decades of residential development experience to the wellness housing movement. Through Oak Avenue Real Estate, he has delivered approximately 400 homes since 2020, establishing deep expertise in Central Florida’s rapidly growing markets. In 2024, he launched Sunworth Homes with a mission to make wellness features accessible at entry-level price points, challenging the industry assumption that health-focused design is exclusively a luxury product.

Sunworth Homes addresses a critical gap in the housing market by incorporating wellness elements typically reserved for million-dollar properties into homes priced  affordably.. The approach centers on “hard-coded” design features that cannot be easily retrofitted, including triple the industry standard window count (18 windows versus the typical 6), strategic preservation of mature trees to create nature focal points throughout homes, and biophilic design elements such as tongue-and-groove wood ceilings and nature fractals integrated into finishes and materials.

Hinricher’s development philosophy draws from his agricultural background, emphasizing land quality as the foundation of wellness-focused housing. His commitment to preserving existing trees and natural features sets Sunworth apart in a market where competitors typically clear-cut lots for easier development. This land-first approach creates homes where residents maintain visual connection with nature from every room, a core principle of biophilic design proven to support faster healing and reduced stress.

Early market validation demonstrates demand for Hinricher’s vision. Sunworth’s first entry into the Marion County Parade of Homes won “Best Kitchen Under $400K,” and the company has sold approximately six homes with zero inventory remaining.

“Wellness shouldn’t be a luxury reserved for the wealthy,” said Ryan Hinricher, Founder & CEO of Sunworth Homes. “Our approach proves you can deliver meaningful wellness features at accessible price points by focusing on the fundamentals that matter most: natural light, connection to nature, and quality materials. We’re showing the market that you don’t need a $3 million budget to live in a home designed around your health and wellbeing.”

Hinricher’s areas of expertise include:

  • Attainable Wellness Housing – Integrating health-focused design features into mid-market residential developments
  • Biophilic Design Implementation – Practical application of nature-connection principles in production housing
  • Central Florida Housing Markets – Deep market knowledge across Ocala, Marion County, and surrounding regions
  • Sustainable Development Practices – Tree preservation and land-quality-first development approaches
  • Entry-Level Luxury Innovation – Delivering premium finishes and features at competitive price points

About Sunworth Homes

Sunworth Homes is a Central Florida home builder specializing in wellness-focused design at attainable price points. Founded in 2024 by Ryan Hinricher, Sunworth challenges the conventional wisdom that health-centered homes are exclusively luxury products. The company’s approach emphasizes natural light (triple the industry standard window count), preserved mature trees, biophilic design elements, and premium finishes as standard features in homes priced affordably. With over 20 premium lots in inventory and multiple model homes launching in early 2025, Sunworth is expanding its presence across Central Florida’s rapidly growing markets. Website: www.sunworth.com

About KeyCrew Media

KeyCrew Media is the next generation real estate intelligence platform that leverages AI-powered analytics and first-person reporting from verified experts to produce forward-looking insights across local markets and niche asset classes. Proprietary market reporting is delivered through KeyCrew’s growing portfolio of niche media properties – including KeyCrew Journal, NextAsset News, and other specialized publications – as well as selectively syndicated to media partners that influence industry decision-makers. Learn more at keycrew.co

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Organization: KeyCrew Media

Contact Person: Heather Hook

Website: https://www.keycrew.co

Email: Send Email

Country:United States

Release id:39669

The post KeyCrew Media Selects Ryan Hinricher and Sunworth Homes as Verified Expert for Attainable Wellness Housing and Biophilic Design 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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