Attindas Hygiene Partners Expands European Position with Key Acquisition

RALEIGH, N.C., Jan. 09, 2026 (GLOBE NEWSWIRE) — Attindas Hygiene Partners’ growth strategy realized an important step forward today with its acquisition of Societá Italiana Lavorazione Cellulosa (SILC S.p.A.). Attindas executed a share purchase agreement with SILC, acquiring all shares of the 53–year–old, family–owned company.

SILC S.p.A. serves customers throughout Europe with high–quality, absorbent hygiene and skin care products, produced at its manufacturing facility 22 miles southeast of Milan, in Trescore Cremasco. SILC’s customer base and product portfolio complements Attindas’ strong presence in northern and southern Europe, opening new opportunities to efficiently serve both European and export markets.

“Our strategy at Attindas focuses on meeting the growing demand for essential hygiene products in North America and Europe. The acquisition of SILC will allow us to accelerate our growth agenda,” said Esther Berrozpe, chief executive officer of Attindas. “Given the geography, markets served, reputation and core values, SILC is a perfect fit to help us achieve our growth ambition.” SILC’s customers, suppliers and other business partners will continue to experience business as usual while the company is integrated into Attindas Hygiene Partners over the next few months.

Attindas Hygiene Partners

Based in Raleigh, NC, USA, Attindas Hygiene Partners brings together a portfolio of companies including Attends Healthcare Products, Associated Hygienic Products, and HDIS in North America, and Laboratorios Indas and Attends Healthcare AB in Europe. Attindas designs, manufactures, and markets absorbent hygiene products for US, Canada, Europe and export markets worldwide. The company’s main business lines include adult incontinence and infant diapers through retail, and direct–to–consumer channels, private label, and its own well–known brands including Attends, Incopack, Indasec, Chelino, Comfees and Reassure. Learn more at www.attindas.com.

S.I.L.C. – Società Italiana Lavorazione Cellulosa

Based in Trescore Cremasco (CR – Italy), SILC designs, manufactures, and markets products for adult incontinence, feminine hygiene pads, baby diapers, personal care cosmetics, and hygiene products for pets. These products are distributed mainly through retail channels, pharmacies, and institutions such as nursing homes and hospitals, as well as through direct–to–consumer sales and exports to more than twenty foreign countries. In addition to numerous private‑label lines, the company also owns several brands (Soffisof, Laurella, Assorbello, and BeautyCase) and holds licensed brands (Trudi Baby Care). Learn more at https://silc.it

For More Information Contact:
Michael DiMauro
Attindas Hygiene Partners
[email protected]
4141 Parklake Ave, Raleigh, NC 27617


GLOBENEWSWIRE (Distribution ID 9622900)

BEST FORTUNE. WORLD PARTY. Hong Kong Invites the World to Ring in the Year of the Horse with a Spectacular Cathay International Chinese New Year Night Parade and Citywide Celebrations

HONG KONG, Jan. 09, 2026 (GLOBE NEWSWIRE) — Hong Kong is ready to welcome the Year of the Horse with one of the world’s most vibrant Chinese New Year celebrations. On 17 February, the first day of the Chinese New Year, the Cathay International Chinese New Year Night Parade will transform the city into a glittering carnival of light, music, global cultures and festive spirit. Celebrate a Chinese New Year like no other, with colorful blossoms in Lunar New Year Fairs, incense offerings for good luck in temples across Hong Kong, horse racing on Year of the Horse Raceday, and more.

Start the First Day of the Year of the Horse with a Parade of Dazzling Floats and Enticing Performances from All Around the World

Get ready for the first night of Chinese New Year with a pre–parade street party, leading up to the dazzling procession of floats and performances. The Parade will start from Hong Kong Cultural Centre and travel through major roads in Tsim Sha Tsui — including Canton Road, Haiphong Road, and Nathan Road — beginning at 8 PM on 17 February. With the theme “BEST FORTUNE. WORLD PARTY., the festivities celebrate the energetic spirit of the horse, a symbol of strength, vitality, progress, and success in Chinese culture.

The 2026 Parade will be an authentic night–long celebration showcasing a spectacular line–up of themed floats sweeping in the best luck of the year. Some float sponsors will celebrate milestone anniversaries — with Cathay marking its 80th anniversary, Hong Kong Disneyland celebrating its 20th and McDonald’s Hong Kong debuting a float in honour of its 50th — adding extra excitement to the parade and doubling the surprises for all. The first–ever float from the Hong Kong Brand Toy Association will heat up the party by bringing beloved IP characters to the festivity. The Ocean Park Hong Kong will invite their adorable Panda Friends to spread new year blessings to families and friends, while the Hong Kong Jockey Club will spotlight the zodiac year with shimmering horse installations to bring prosperity to all. Multiple dazzling floats will be on display at Kai Tak Sports Park from 18 to 26 February, extending the Parade excitement to visitors throughout the festive season.  

Beyond the floats, a dynamic line–up of performances from around the world during the Parade will reinforce Hong Kong’s status as a truly international festival city. Not only will France’s FierS à Cheval set the tone with illuminated horse tableaux that capture the spirit of the Year of the Horse, the exhilarating performances including the precision of the Xi’an Acrobatic Troupe from the Chinese Mainland, the comic acrobat duo Les Vitaminés from Canada, and the debut of Australia’s Manly Seabirds cheer performers will bring high–energy sparkle to the parade route.

The Parade also embraces innovation while honouring tradition. Hong Kong’s East–Meets–West culture shines bright as the mesmerising Luminous Dragon Dance by Chinese Martial Arts Dragon and Lion Dance Association of Hong Kong, China, dances along the parade route with Italy’s Cromosauro, a large–scale dinosaur skeleton adorned with vibrant, colourful fabrics.

Citywide Celebrations for best fortune in the Year of the Horse

There are many more Chinese New Year celebrations in addition to the Parade – the city pulses with festivities, giving visitors endless reasons to explore.

For a week running up to the early hours of Chinese New Year’s Eve (11–17 February), visitors can dive into the festive spirit at Lunar New Year Fairs, commonly known as Chinese New Year flower markets, where parks and community hubs will burst with seasonal flowers, symbolic decorations and joyful atmosphere. Be sure to drop by some of the popular fairs for experiencing the vibrant ambience such as in Victoria Park in Causeway Bay or Fa Hui Park in Mong Kok.

As we gallop into the Year of the Horse, visitors cannot miss at the much–loved Year of the Horse Raceday on the third day of Chinese New Year (19 February), where Sha Tin Racecourse will be filled with thrilling horse–racing, entertainment and festive excitement, promising your chance to boost the luck.

Visitors can also take part in heartfelt blessings at the Hong Kong Well–Wishing Festival in Lam Tsuen from 17 February to 3 March, where visitors can write their wishes on a piece of joss paper attached to an orange and toss it up to the tree. It is believed that wishes will come true if they successfully cling to the wishing tree. Those seeking spiritual connection can visit Hong Kong’s many historic temples — including Wong Tai Sin Temple, Che Kung Temple and Kwun Yum Temples — to pray for fortune, love, prosperity and success in the Year of the Horse.

With its captivating parade spectacles, luminous celebrations and welcoming festive spirit, Hong Kong’s Chinese New Year promises joy at every moment. This Year of the Horse, travellers are invited to embrace the energy, happiness and optimism that Hong Kong radiates at this special time of year. To begin planning your journey, visit Discover Hong Kong website for more details: https://www.discoverhongkong.com/eng/what–s–new/events/chinese–new–year.html

Media can download photos at the following link:
https://assetlibrary.hktb.com/assetbank–hktb/action/browseItems?cachedCriteria=1&categoryId=2306&categoryTypeId=2&allCats=0

For media enquiries, please contact:

Mr Cameron Tong Mr Chokie Cheng
Tel: 2807 6367 Tel: 2807 6342
Email: [email protected]  Email: [email protected] 
   

Photos accompanying this announcement are available at:
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https://www.globenewswire.com/NewsRoom/AttachmentNg/1bc665de–2148–4b1a–bb60–3749e86ace90
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GLOBENEWSWIRE (Distribution ID 9622848)

Bitget TradFi Ultrapassa US$2 Bilhões em Volume Diário com o Aumento das Negociações de Ouro

VICTORIA, Seychelles, Jan. 09, 2026 (GLOBE NEWSWIRE) — Bitget, a maior Universal Exchange (UEX) do mundo, registrou mais de US$2 bilhões de volume diário de negociações na Bitget TradFi, um marco importante desde seu lançamento público em 5 de janeiro. O desempenho destaca o aumento da demanda por acesso aos mercados tradicionais na plataforma como proteção contra a volatilidade recente. Com isso, os pares de negociações como Gold (XAUUSD), Dow Jones Industrial Average (US30), índice Nasdaq 100 (NAS100), Silver (XAGUSD) e Euro FX (EURUSD) foram os mais negociados em 72 horas.

O aumento das negociações reflete a real necessidade da Bitget TradFi, pois permite que os traders nativos de criptomoedas participem de mercados globais por meio de uma interface de negociação integral. Esse salto mostra que o modelo UEX da Bitget está evoluindo para um gateway em tempo real para negociar mais de 2 milhões de tokens onchain, ações tokenizadas, índices, forex, commodities e metais preciosos como ouro.

Desde o seu lançamento, o Gold (XAUUSD) emergiu como o par mais negociado na Bitget TradFi, ficando em primeiro lugar em volume. A tendência destaca o papel do ouro como instrumento de alta liquidez, bem como um ativo tático usado para capturar oscilações de preços de curto prazo.

“As manchetes desencadearam uma mudança de risco, empurrando os fluxos para o ouro e a prata. O petróleo está se mantendo próximo a –US$60/barril, limitando a pressão da inflação no curto prazo, mesmo com os mercados precificando potenciais choques de oferta e condições financeiras mais restritivas” disse Ryan Lee, Analista–Chefe da Bitget Research.

“O posicionamento na cadeia permanece favorável; os saldos das exchanges estão com tendência de queda, os fluxos de ETF estão se estabilizando e melhorando, e a liquidez das stablecoins permanece elevada sugerindo acúmulo e uma base potencial para uma recuperação de prazo mais alto em vez de uma ampla capitulação”, acrescentou.

A Bitget TradFi foi projetada como ambiente de negociação orientado a eventos, oferecendo acesso de curto prazo a instrumentos financeiros globais. Com US$2 bilhões em volume diário de TradFi agora registrados, a Bitget está reduzindo as barreiras tipicamente associadas aos mercados tradicionais. Este marco está alinhado com a visão UEX mais ampla da Bitget de uma plataforma unificada onde os usuários podem se mover com fluidez entre os mercados, obtendo acesso a ativos globais em todo o mundo.

“A mudança fundamental na gestão de patrimônio está acontecendo agora”, disse Gracy Chen, CEO da Bitget. “As pessoas estão mudando de plataformas com taxas e corretagem altas para plataformas como a nossa, que permitem o acesso ativos globais em um mesmo local. Os ativos TradFi tokenizados, como ouro, forex e ações, atualmente são negociados com uma das taxas mais baixas do mundo na Bitget.”

Para começar a sua jornada na TradFi, visite aqui.

Sobre a Bitget

Fundada em 2018, a Bitget é a maior Universal Exchange (UEX) do mundo, atendendo a mais de 120 milhões de usuários com acesso a milhões de tokens de criptomoedas, ações tokenizadas, ETFs e outros ativos do mundo real, além de oferecer acesso em tempo real a preços de Bitcoin, preços de Ethereum, preços de XRP e outros preços de criptomoedas em uma única plataforma. O ecossistema está comprometido em ajudar os usuários a negociar de forma mais inteligente com suas ferramentas de negociação baseadas em IA, interoperabilidade entre tokens em Bitcoin, Ethereum, Solana e BNB Chain, e acesso mais amplo a ativos do mundo real. No lado descentralizado, a Bitget Wallet é um aplicativo de finanças diário criado para tornar as criptomoedas simples, seguras e parte das finanças do dia a dia. Atendendo a mais de 80 milhões de usuários, ele une os blockchain rails com as finanças do mundo real, oferecendo uma plataforma completa para rampa on/off, negociações, ganhos e pagamentos sem problemas.

A Bitget está impulsionando a adoção de criptomoedas por meio de parcerias estratégicas, como Parceiro Oficial de Criptomoedas da LALIGA, a principal liga de futebol do mundo, nos mercados EASTERN, SEA e LATAM. Alinhada com sua estratégia de impacto global, a Bitget se uniu à UNICEF em apoio ao ensino de blockchain para 1,1 milhão de pessoas até 2027. No mundo do automobilismo, a Bitget é a parceira exclusiva de troca de criptomoedas do MotoGP™, uma corridas mais emocionantes do mundo.

Para mais informação, visite: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

Para perguntas da mídia, contate: [email protected]

Aviso de Risco: Os preços dos ativos digitais estão sujeitos a flutuações e podem ser significantemente voláteis. Os investidores são aconselhados a alocar apenas os fundos que podem perder. O valor de qualquer investimento pode ser afetado, e existe a possibilidade de que os objetivos financeiros não sejam atingidos, nem que o investimento principal recuperado. Aconselhamento financeiro independente deve sempre ser obtido, e a experiência financeira pessoal e a posição devem ser cuidadosamente consideradas. O desempenho passado não é um indicador confiável de resultados futuros. A Bitget não se responsabiliza por quaisquer perdas potenciais incorridas. Nada contido neste documento deve ser interpretado como aconselhamento financeiro. Para mais informações, consulte nossos Termos de Uso.

Foto deste comunicado disponível em http://www.globenewswire.com/NewsRoom/AttachmentNg/1b0a7494–ee7e–43c4–ad19–cf91d3952eba


GLOBENEWSWIRE (Distribution ID 1001158450)

Bitget TradFi dépasse les 2 milliards de dollars de volume quotidien grâce à la forte augmentation des transactions sur l’or

VICTORIA, Seychelles, 09 janv. 2026 (GLOBE NEWSWIRE) — Bitget, la plus grande bourse universelle (UEX) au monde, a enregistré plus de 2 milliards de dollars de volume de trading quotidien sur Bitget TradFi, marquant une étape majeure depuis son lancement public le 5 janvier. Dans un contexte de volatilité accrue, cette performance souligne l’intérêt croissant des utilisateurs pour l’accès aux marchés traditionnels sur la plateforme. Au cours des 72 dernières heures, les paires les plus échangées incluent l’or (XAUUSD), l’indice Dow Jones Industrial Average (US30), l’indice Nasdaq 100 (NAS100), l’argent (XAGUSD) et l’euro FX (EURUSD).

Cette hausse significative de l’activité confirme la pertinence de Bitget TradFi, qui permet aux traders natifs de la crypto de participer aux marchés financiers mondiaux via une interface de trading fluide et unifiée. Cette croissance illustre l’évolution du modèle UEX de Bitget vers une passerelle en temps réel donnant accès au trading de plus de 2 millions de jetons on–chain, d’actions tokenisées, d’indices, de devises, de matières premières et de métaux précieux comme l’or.

Depuis son lancement, l’or (XAUUSD) s’est imposé comme la paire la plus activement négociée sur Bitget TradFi, se classant en première position en termes de volume. Cette tendance met en évidence le rôle de l’or en tant qu’outil à forte liquidité et en tant qu’actif tactique utilisé pour tirer parti des fluctuations de prix à court terme.

« Les gros titres ont déclenché un mouvement d’aversion au risque, orientant les flux vers l’or et l’argent. Le pétrole se maintient à près de 60 dollars le baril, limitant la pression inflationniste à court terme, même si les marchés anticipent des chocs potentiels sur l’offre et un resserrement des conditions financières », a déclaré Ryan Lee, analyste en chef chez Bitget Research.

« Le positionnement on–chain reste favorable : la tendance à la baisse des soldes sur les plateformes d’échange, la stabilisation et l’amélioration des flux des ETF, ainsi qu’une liquidité élevée des stablecoins suggèrent une phase d’accumulation et la formation d’une base pour un rebond à plus long terme plutôt qu’une capitulation généralisée », a–t–il ajouté.

Bitget TradFi a été conçu comme un environnement de trading axé sur les événements, offrant un accès à court terme aux instruments financiers mondiaux. Avec désormais 2 milliards de dollars de volume TradFi quotidien, Bitget supprime progressivement les obstacles traditionnellement liés aux marchés financiers classiques. Cette étape s’inscrit dans la vision UEX plus large de Bitget : une plateforme unifiée permettant aux utilisateurs de naviguer librement entre différents marchés et d’accéder à des actifs mondiaux depuis un seul et même écosystème.

« Nous assistons actuellement à un changement fondamental dans la gestion de patrimoine », déclare Gracy Chen, PDG de Bitget. « Les utilisateurs délaissent les plateformes aux frais élevés et aux structures de courtage complexes pour se tourner vers des solutions comme la nôtre, qui leur permettent d’accéder à des actifs mondiaux depuis un seul et même endroit. Les actifs TradFi tokenisés tels que l’or, le forex et les actions sont actuellement négociés sur Bitget à des frais parmi les plus bas au monde. »

Pour démarrer votre expérience TradFi, rendez–vous ici.

À propos de Bitget

Fondée en 2018, Bitget est la première bourse universelle (UEX) au monde, au service de plus de 120 millions d’utilisateurs et facilitant l’accès à des millions de jetons crypto, actions tokenisées, fonds négociés en bourse et autres actifs du monde réel, tout en renseignant en temps réel les cours du Bitcoinde l’Ethereumdu XRP et d’autres cryptomonnaies au sein d’une seule et même plateforme. L’écosystème vise à aider les utilisateurs à trader plus intelligemment grâce à ses outils de trading alimentés par l’IA, l’interopérabilité entre jetons sur Bitcoin, Ethereum, Solana et BNB Chain, et entend étendre l’accès des utilisateurs aux actifs réels. Au regard de la finance décentralisée, Bitget Wallet est une application financière conçue pour simplifier et sécuriser la crypto, et l’intégrer à la finance de tous les jours. Forte de ses plus de 80 millions d’utilisateurs, elle relie les infrastructures blockchain au monde réel sous la forme d’une plateforme tout–en–un conçue pour acheter et vendre, échanger, dégager des revenus et payer en toute fluidité.

Bitget entend faire adopter les cryptomonnaies grâce à des partenariats stratégiques, comme en témoigne son rôle de partenaire crypto officiel de la meilleure ligue de football au monde, LALIGA, sur les marchés de l’Est, de l’Asie du Sud–Est et de l’Amérique latine. Conformément à sa stratégie d’impact mondial, Bitget s’est associée à l’UNICEF afin de soutenir l’éducation à la blockchain de 1,1 million de personnes à l’horizon 2027. Dans l’univers des sports mécaniques, Bitget est le partenaire officiel crypto exclusif du MotoGP™, l’un des championnats les plus passionnants du monde.

Pour en savoir plus, veuillez consulter : 

Site Internet | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

Pour les demandes de renseignements des médias, veuillez contacter : [email protected]

Mise en garde sur les risques : les cours des actifs numériques peuvent fluctuer et connaître une forte volatilité. Il est conseillé aux investisseurs de n’engager que les fonds qu’ils peuvent se permettre de perdre. La valeur de votre investissement peut être affectée et il est possible que vous n’atteigniez pas vos objectifs financiers ou que vous ne parveniez pas à récupérer votre investissement principal. Nous vous encourageons à toujours solliciter les conseils d’un spécialiste financier indépendant et à tenir compte de votre expérience et de votre situation financière personnelles. Les performances passées ne constituent pas un indicateur fiable des résultats futurs. Bitget décline toute responsabilité en cas de pertes potentielles encourues. Nulle disposition des présentes ne saurait être interprétée comme un conseil d’ordre financier. Pour tout complément d’information, veuillez consulter nos Conditions d’utilisation.

Une photo annexée au présent communiqué est disponible à l’adresse suivante : http://www.globenewswire.com/NewsRoom/AttachmentNg/1b0a7494–ee7e–43c4–ad19–cf91d3952eba


GLOBENEWSWIRE (Distribution ID 1001158450)

Bitget Deepens Collaboration with Ondo with 98 New US Stocks and ETFs

VICTORIA, Seychelles, Jan. 09, 2026 (GLOBE NEWSWIRE) — Bitget, the world’s largest Universal Exchange (UEX), announced the listing of 98 new US stocks and Exchange–Traded Funds (ETFs), opening broader access to traditional markets while advancing its multi–asset trading environment. Enabled through collaboration with Ondo, the expansion introduces greater exposure across equities, fixed income, commodities, and tactical ETF structures, creating more ways for users to participate in global market cycles from a single platform.

The new assets span short–duration Treasury strategies such as SGOV, leading US companies across technology, energy, manufacturing, healthcare, finance and consumer sectors, as well as international growth names including BILI (Bilibili), PDD (Pinduoduo) and GRAB (Grab). Commodity–linked instruments such as Gold (GLD), Crude Oil (USO), Copper Miners (COPX) and Rare Earth Metals (REMX) add exposure to resources shaping global supply chains, while index trackers such as VTI and leveraged or inverse ETFs such as TQQQ and SQQQ introduce flexible tools for directional trading and risk positioning.

The rollout reflects accelerating interest in unified trading environments where digital assets and traditional instruments operate side by side. Users gain access to market structures typically associated with mainstream brokerages, but within an ecosystem designed for faster execution, simplified capital movement, and broader strategic design.

“The new age financial investors want easier access to crypto while gaining accessibility to traditional financial services such as stocks, gold, indices and commodities,” said Gracy Chen, CEO at Bitget. “In the coming year we will work on increasing this flexibility across a multitude of global assets, diminishing the gap between wealth management,” she added.

Beyond the latest listings, Bitget offers more than 200 stock tokens, allowing users to trade leading global companies such as Apple, Tesla, Nvidia, and Alphabet using USDT settlement. This structure delivers access to equity–style exposure without traditional brokerage accounts, while preserving familiar trading workflows for digital–native participants. This is also complemented with over two million onchain tokens on Ethereum, BASE, BNB Chain, Solana and other ecosystems that build the platform holistically for wealth management and growth.

The expansion moves Bitget’s UEX vision further toward a platform where digital assets and traditional instruments operate on one unified system. Tokenized stock tokens sit at the center of this approach, bridging access to real–world equities with the speed, liquidity, and usability of a crypto–native platform. With more US stocks and ETFs now available alongside onchain tokens, derivatives, and other asset classes, Bitget UEX sets the bar for the next phase of global trading.

To start your stock trading journey, please visit here.

About Bitget

Established in 2018, Bitget is the world's largest Universal Exchange (UEX), serving over 120 million users with access to millions of crypto tokens, tokenized stocks, ETFs, and other real–world assets, while offering real–time access to Bitcoin price, Ethereum price, XRP price, and other cryptocurrency prices, all on a single platform. The ecosystem is committed to helping users trade smarter with its AI–powered trading tools, interoperability across tokens on Bitcoin, Ethereum, Solana, and BNB Chain, and wider access to real–world assets. On the decentralized side, Bitget Wallet is an everyday finance app built to make crypto simple, secure, and part of everyday finance. Serving over 80 million users, it bridges blockchain rails with real–world finance, offering an all–in–one platform for on– and off–ramping, trading, earning, and paying seamlessly.

Bitget is driving crypto adoption through strategic partnerships, such as its role as the Official Crypto Partner of the World's Top Football League, LALIGA, in EASTERN, SEA and LATAM markets. Aligned with its global impact strategy, Bitget has joined hands with UNICEF to support blockchain education for 1.1 million people by 2027. In the world of motorsports, Bitget is the exclusive cryptocurrency exchange partner of MotoGP™, one of the world’s most thrilling championships.

For more information, visit: Website | Twitter | Telegram | LinkedIn | Discord | Bitget Wallet

For media inquiries, please contact: [email protected]

Risk Warning: Digital asset prices are subject to fluctuation and may experience significant volatility. Investors are advised to only allocate funds they can afford to lose. The value of any investment may be impacted, and there is a possibility that financial objectives may not be met, nor the principal investment recovered. Independent financial advice should always be sought, and personal financial experience and standing carefully considered. Past performance is not a reliable indicator of future results. Bitget accepts no liability for any potential losses incurred. Nothing contained herein should be construed as financial advice. For further information, please refer to our Terms of Use.

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/0bcfef62–f553–43c4–aed5–1b2afe9eb7f5


GLOBENEWSWIRE (Distribution ID 1001158426)

SALI Tools and Ethiopian Partner UKAZ Establish Joint Public Welfare Fund, Deepening Global Community Commitment

YIWU, China, Jan. 08, 2026 (GLOBE NEWSWIRE) — SALI Tools, a global professional tools brand, today held a launch ceremony at its headquarters in Yiwu, Zhejiang Province, to formally establish the “SALI & UKAZ Joint Public Welfare Fund” alongside its key Ethiopian partner, UKAZ. Under the agreement, SALI Tools commits to allocating a portion of its annual revenue to this fund, dedicated exclusively to supporting UKAZ’s local community welfare projects and development initiatives in Ethiopia. This move signifies SALI Tools' integration of corporate social responsibility (CSR) into its global partnerships, adopting a systematic and sustainable approach to give back to the communities where it operates.

SALI Tools and Ethiopian Partner UKAZ Establish Joint Public Welfare Fund, Deepening Global Community Commitment.

Mr. Peter Hu, Chairman of SALI Tools, stated at the ceremony: “We firmly believe that genuine business success is inseparable from community well–being. Establishing this fund with UKAZ is not a one–off donation, but the creation of a long–term, locally–led engine for public good. It ensures that our growth translates into sustained, tangible support for communities in Ethiopia.”

A Strategic Move Rooted in Tradition

The establishment of this joint fund is a strategic extension of SALI Tools' longstanding commitment to philanthropy. Since its inception, the company has consistently placed community giving at the core of its values.

SALI Tools collaborated with its then national distributor in Ethiopia to organize a supplies donation drive for a local community.

November 2019: SALI Tools collaborated with its then national distributor in Ethiopia to organize a supplies donation drive for a local community.

SALI Tools proactively donated 178,000 masks.

In early 2020, amid a severe global pandemic and a critical shortage of protective supplies, SALI Tools proactively donated 178,000 masks. This act not only provided a timely response to urgent needs but also powerfully demonstrated the company's core values and steadfast sense of responsibility, which extend beyond commercial interests and are deeply rooted in community well–being.

About Partner UKAZ

UKAZ is a key business partner for SALI Tools in Ethiopia and the broader East African region. The two companies collaborate closely commercially and share a commitment to local sustainable development. The establishment of this joint fund will empower UKAZ to carry out community welfare projects more flexibly and sustainably, based on localized needs.

About SALI Tools

SALI Tools is a leading global brand in professional tool solutions, dedicated to providing high–quality and diversified products for users worldwide. With an extensive product portfolio, it has established significant brand influence across multiple global markets. While pursuing commercial excellence, SALI Tools remains steadfast in its commitment to corporate social responsibility, believing that the long–term value of an enterprise lies in creating shared value for its employees, customers, and society.

Photos accompanying this announcement are available at 

https://www.globenewswire.com/NewsRoom/AttachmentNg/509fde59–ce8b–4f12–ae8a–7fdcc67ca48b

https://www.globenewswire.com/NewsRoom/AttachmentNg/de040a70–8716–4d61–a6be–8174961cca6e

https://www.globenewswire.com/NewsRoom/AttachmentNg/de7d7dc3–779c–497b–9e9d–09ce1caabf8e


GLOBENEWSWIRE (Distribution ID 9622680)