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Glory Star expected to further increase profitability

Published

4 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

Lontto Offers Top-of-the-Line Brick Press Machines for High-Volume Manufacturing

Published

31 minutes ago

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January 20, 2026

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Chicago, IL 60638, United States, 20th Jan 2026 – Lontto, a leading manufacturer of block and brick making machines, has unveiled a new line of advanced brick press machines designed to meet the growing demands of high-volume manufacturing. These machines, built for superior efficiency, durability, and versatility, aim to transform the production process within the construction materials industry.

With the construction sector experiencing a rising demand for high-quality bricks and blocks, Lontto has introduced equipment that not only supports large-scale production but also ensures reduced downtime and increased productivity. The new brick press machines incorporate cutting-edge technology, providing precise brick production and making them ideal for businesses focused on scaling operations.

Chao Zhang, CEO of Lontto, stated, “The introduction of this new series of brick press machines exemplifies Lontto’s ongoing commitment to delivering top-tier equipment for the manufacturing industry. These machines are designed to enhance production efficiency and provide manufacturers with a reliable solution to meet the growing demands of the construction sector while maintaining cost-effectiveness.”

The new brick press machines offer multiple features that distinguish them in the competitive marketplace. Capable of producing a variety of brick types such as standard concrete blocks, interlocking pavers, and compressed earth blocks, the machines offer exceptional flexibility for diverse manufacturing needs. Furthermore, they are engineered for longevity and ease of maintenance, reducing operational interruptions and ensuring manufacturers can fully leverage their equipment investment.

Alongside the new machinery, Lontto also offers a suite of support services, including installation and operator training. These services guarantee that businesses can swiftly incorporate the new machines into their production processes, thereby boosting productivity. Lontto’s experienced team is available for assistance with installation, troubleshooting, and addressing operational queries to optimize machine performance.

Looking ahead, Chao Zhang emphasized, “The future of Lontto is centered on continuous innovation. As construction industry demands evolve, Lontto is dedicated to equipping manufacturers with the most efficient and reliable machines on the market. Future advancements will focus on meeting the changing needs of the industry while helping clients achieve long-term operational success.”

Sustainability remains a key priority for Lontto. The newly launched brick press machines are designed to minimize energy consumption, employing advanced technologies that maintain high output while reducing environmental impact. This commitment to energy efficiency aligns with Lontto’s broader sustainability objectives and dedication to providing eco-friendly solutions in the manufacturing sector.

The release of these brick press machines represents a significant milestone in Lontto’s efforts to address the needs of the global market. As demand for high-quality, reliable construction materials continues to grow, Lontto’s innovation-driven approach ensures that clients will always have access to the most advanced, efficient equipment available.

For more information about brick press machines, please contact Lontto at 708-260-8300 or via email at lontto66@gmail.com. The company is located at 4992 S Austin Ave, Chicago, IL 60638, USA.

Media Contact

Organization: Lontto

Contact Person: Chao Zhang

Website: https://www.block-machine.net/

Email: Send Email

Contact Number: +17082608300

Address:4992 S Austin Ave

City: Chicago

State: IL 60638

Country:United States

Release id:40290

The post Lontto Offers Top-of-the-Line Brick Press Machines for High-Volume Manufacturing 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

Pullner Expands Pleated Filter Cartridge Solutions for Enhanced Filtration Efficiency

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45 minutes ago

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January 20, 2026

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Jebel Ali Free Zone, Dubai, United Arab Emirates, 20th Jan 2026 – Pullner, a leader in the OEM/ODM filtration solutions industry, has announced an expansion of its pleated filter cartridge solutions, broadening its filtration portfolio to address evolving efficiency requirements across multiple industrial sectors. The development supports applications in microelectronics, petrochemical processing, power generation, pharmaceuticals, food and beverage production, desalination, and automotive manufacturing.

The expanded pleated filter cartridge range reflects ongoing industry demand for filtration systems that deliver consistent performance while supporting longer operational cycles. Pleated filter cartridges are widely used for their increased surface area, which allows for improved contaminant retention and reduced pressure drop compared with conventional filtration formats. By expanding available configurations and specifications, Pullner aims to support a wider range of operating conditions and system requirements.

Pullner specializes in OEM and ODM filtration solutions, with a focus on filter cartridges and filter housings manufactured to meet specific technical and regulatory standards. The expanded pleated filter cartridge portfolio includes options designed for liquid and gas filtration processes where stable performance and predictable maintenance schedules are critical.

Lucy, Sales Manager at Pullner, commented on the announcement, stating, “The expansion of pleated filter cartridge solutions reflects continued attention to the filtration efficiency requirements observed across multiple industries. These solutions are intended to support more consistent filtration performance in applications where process reliability and cleanliness remain essential.”

Industries such as pharmaceuticals and microelectronics rely on precise filtration to maintain product integrity and process control. In these environments, filtration systems play a central role in reducing particulate contamination and supporting compliance with operational standards. Similarly, sectors such as petrochemical processing and power generation depend on filtration solutions that help protect equipment, reduce unplanned downtime, and maintain steady production output.

The expanded pleated filter cartridge solutions are also relevant for food and beverage production, where filtration contributes to product quality and process hygiene. In desalination and water treatment operations, effective filtration supports membrane protection and overall system efficiency. Automotive manufacturing applications continue to require filtration systems capable of managing diverse fluids and operating conditions throughout production processes.

Pullner’s approach to filtration development emphasizes compatibility with existing systems, material selection suited to application demands, and manufacturing processes aligned with industry expectations. The expanded pleated filter cartridge offerings are designed to integrate into a variety of filtration setups without introducing unnecessary complexity.

In addition to pleated filter cartridges, Pullner provides a broader range of filtration products, including high-flow cartridges, string wound filters, membrane filters, stainless steel cartridges, and filter housings. These solutions are supplied to industrial clients seeking customized filtration configurations tailored to specific operational needs.

Looking ahead, Pullner continues to monitor changes in industrial filtration requirements driven by evolving production methods, regulatory considerations, and efficiency targets. The company’s development roadmap includes further refinement of filtration materials and structural designs to address emerging challenges across industrial markets. Lucy also commented on future expectations, noting, “Ongoing development efforts remain focused on adapting filtration solutions to meet future operational and environmental requirements. Continued expansion of filtration capabilities is expected to support industries as filtration demands become more complex and application-specific.”

The expansion of pleated filter cartridge solutions aligns with broader industry trends emphasizing operational efficiency, system longevity, and process stability. As industrial facilities place increased importance on reliable filtration performance, the availability of expanded solution options supports informed system design and long-term planning.

Pullner’s operations are based in Dubai, United Arab Emirates, serving international markets through OEM and ODM partnerships. The company continues to work with clients across multiple industries to develop filtration solutions aligned with technical specifications and application requirements.

For more information or media inquiries regarding Pullner’s pleated filter cartridges and other filtration solutions, please contact the media representative at 0086-21-57718597 or via email at info@pullner.com, or visit the office located at LB19-Office No.1207, Jebel Ali Free Zone, Dubai, United Arab Emirates.

Media Contact

Organization: Pullner

Contact Person: Lucy

Website: https://www.pullnerfilter.com/

Email: Send Email

Contact Number: +862157718597

Address:LB19-Office No.1207

City: Jebel Ali Free Zone

State: Dubai

Country:United Arab Emirates

Release id:40292

The post Pullner Expands Pleated Filter Cartridge Solutions for Enhanced Filtration Efficiency 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

Cloom Tech Leads the Way in Automotive Wiring Harness Manufacturing for Global Markets

Published

45 minutes ago

on

January 20, 2026

By

Medley, FL 33178, United States, 20th Jan 2026 – Cloom Tech, a prominent provider of custom wire harnesses and cable assemblies, continues to lead the automotive sector with its innovative approach to wiring solutions. Specializing in high-quality, tailored wire harnesses for a range of industries, the company has expanded its footprint in the automotive market, offering advanced wiring solutions that meet the increasingly complex demands of modern vehicles.

Cloom Tech’s expertise in manufacturing custom wire harnesses spans industries including automotive, aerospace, robotics, and medical devices. The company is recognized for its ability to deliver durable, high-performance wiring solutions, ensuring the safety, reliability, and efficiency of critical systems. From design support to production, Cloom Tech’s comprehensive services have made it a trusted partner for businesses worldwide.

Ivy Zhao, spokesperson for Cloom Tech, emphasized the significance of the company’s impact on the automotive industry: “As the automotive sector continues to evolve, the need for reliable and high-quality wiring solutions becomes ever more apparent. Cloom Tech’s focus on delivering precise, durable, and efficient wire harnesses ensures that every product meets the highest industry standards. Through innovation and expertise, the company has positioned itself as a leader in providing wiring solutions that contribute to the success of automotive manufacturers worldwide.”

Cloom Tech’s commitment to meeting the growing demands of the automotive industry has been further demonstrated through its support for cutting-edge technologies such as electric and autonomous vehicles. As automotive manufacturers strive to incorporate advanced electrical systems into their designs, Cloom Tech’s ability to provide custom wire harnesses tailored to meet these challenges has been a key factor in the company’s continued success.

The company’s reputation for reliability and quality is reinforced by its adherence to rigorous testing and manufacturing protocols. Each wire harness undergoes thorough inspection to ensure it meets the strictest safety and performance standards, making Cloom Tech a preferred supplier for global automotive clients.

As the automotive industry continues to advance, Cloom Tech is focused on future growth, continually adapting to the shifting technological landscape. The company’s ongoing investment in advanced manufacturing techniques is set to further enhance its capabilities, ensuring that it remains at the forefront of automotive wiring harness production.

“The automotive industry is on the brink of significant transformation, driven by the rise of electric and autonomous vehicles,” said Ivy Zhao. “Cloom Tech is committed to supporting this transformation by offering innovative and reliable wiring solutions that meet the increasing complexity of automotive electrical systems. The future of the industry presents numerous opportunities, and Cloom Tech is dedicated to staying ahead of these trends, ensuring that the company continues to deliver the highest-quality wiring solutions for its clients.”

With a strong focus on continuous improvement and technological innovation, Cloom Tech is poised to remain a key player in the automotive wiring harness market. The company’s dedication to excellence in both product quality and customer satisfaction will ensure its continued success as the industry evolves.

For more information about Cloom Tech and its custom wire harness solutions, please contact the company at +1 863 434 8447 or by email at sales@cloomtech.com. The company is located at 9251 NW 112th Ave, Medley, FL 33178, USA. As a leading automotive wiring harness manufacturer, Cloom Tech offers high-quality solutions tailored to the automotive industry.

Media Contact

Organization: Cloom Tech

Contact Person: Ivy Zhao

Website: https://cloomtech.com/

Email: Send Email

Contact Number: +18634348447

Address:9251 NW 112th Ave

City: Medley

State: FL 33178

Country:United States

Release id:40296

The post Cloom Tech Leads the Way in Automotive Wiring Harness Manufacturing for Global Markets 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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