New global framework unites federations, clubs and ecosystem leaders to form national teams and mobilize local communities, accelerating representation on the global stage

Watch the ENC National Team Partners Announcement Campaign

[Media Kit]

RIYADH, Saudi Arabia, March 25, 2026 /PRNewswire/ — The Esports Foundation (EF) today awarded National Team Partner status to organizations and individuals across more than 100 countries and territories for the Esports Nations Cup 2026 (ENC), the global nation-based esports competition set to debut in Riyadh from November 2-29, 2026.

The Esports Foundation has awarded National Team Partner status to more than 100 countries and territories for the inagural

This marks the first time esports introduces a structured global system for national teams at scale, adding a new layer to the industry’s ecosystem alongside club-based competition. Designed to complement existing frameworks rather than replace them, the ENC will work with local stakeholders closest to the sport to strengthen connections and support long-term national development. 

National Team Partners will lead team formation, mobilize local communities and establish the structures needed to enable participation and the growth of esports. To ensure worldwide participation, countries and territories without a partner will be supported through regional structures provided by the EF. 

The EF received more than 630 applications from 150 countries and territories, reflecting the global interest in and opportunity for nation-based esports. The partners represent legacy esports organizations that have shaped their national scenes for decades alongside emerging forces driving the next wave of competitive gaming. The list of organizations and individuals who have been awarded this status is available on the ENC website and will be updated as additional appointments are confirmed.

“The Esports Nations Cup introduces something esports has never had before: a global system for national teams at an unprecedented scale,” said Ralf Reichert, CEO of the Esports Foundation. “The response we received from across the world shows that communities are ready for this next step. Together with our partners, we are building the structures that will allow players to represent their nations and compete on the biggest stage in esports. With more than 100 nations now part of the system, the Esports Nations Cup moves from concept to reality, establishing national esports as a lasting part of the global competitive landscape.”

Recognizing that esports has developed differently in many nations, the ENC adopts a partnership-led approach rather than relying on a single model, marking a first in global sport and esports alike. By working with recognized local stakeholders, whether institutions, Clubs, or community-led organizations, this model is designed to unlock the full creative and competitive potential of each nation.

National Team Partners will operate through a range of structures, from established national bodies such as the Korea Esports Association and the Saudi Esports Federation, to club-led coalitions in Brazil and the USA, and hybrid public-private alliances in countries like Germany, Canada and the UAE.

In markets such as Malaysia, Turkey, and Thailand, partners include federations working closely with grassroots communities, while in emerging regions like Indonesia and Mongolia, partners are being supported through structured development to represent their nations on a global stage.

For the first time in the history of esports, national teams will be formed from these local structures, bringing players together to compete for their nation and unlocking a new dimension of fandom built on identity and pride. From South Korea’s legendary League of Legends dominance and India’s Chess affinity, to Brazil’s Counter-Strike tradition, Japan’s fighting games heritage and Southeast Asia’s mobile games’ powerhouses, the ENC creates a new global stage for competition.

The ENC will launch in Riyadh in November 2026 before moving to a rotating city model. The biennial ENC complements the annual Club-based Esports World Cup (EWC), providing a stable structure for players and long-term investment in national team programs.

Additional information about the Esports Nations Cup will be released in the coming weeks. To stay up to date, visit esportsnationscup.com, and follow ENC on X, Facebook, Instagram, TikTok and YouTube, and follow the Esports Foundation on LinkedIn.

About the Esports Nations Cup
The Esports Nations Cup (ENC) is a biennial global esports competition created by the Esports Foundation (EF) that brings national pride to the world stage. Launching in Riyadh, Saudi Arabia, in 2026, the ENC will feature the world’s best players competing not for their clubs, but for their countries and territories, across a lineup of leading esports titles. Built in collaboration with game partners, clubs, and esports organizations, the ENC establishes the first recurring, large-scale platform for national teams in esports. Beyond competition, it aims to fuel fandom, inspire heroes, and provide sustainable pathways for nations, players, and partners to grow within the global esports ecosystem. esportsnationscup.com

About the Esports Foundation
The Esports Foundation (EF) is a non-profit organization based in Riyadh, Saudi Arabia, dedicated to advancing and professionalizing the global esports industry. Through the annual Esports World Cup (EWC) and the biennial Esports Nations Cup (ENC), the EF brings together the world’s top players, leading clubs, and millions of fans for the biggest stages in competitive gaming. Beyond hosting tournaments, the Esports Foundation works year-round to grow the esports ecosystem, support talent development, and create lasting opportunities for players, teams, and partners worldwide.

Esports Nations Cup

Source

Revenues increased to RMB5.38 billion, representing 24.8% year-over-year growth

Adjusted net profit reached RMB187.9 million, representing 43.3% year-over-year growth

Store-level operating profit grew by 18.5%; Adjusted group EBITDA increased by 28.2%

EPS increased 157.1% YoY to RMB1.08, Diluted EPS increased 150.0% YoY to RMB1.05

HONG KONG, March 25, 2026 /PRNewswire/ — DPC Dash Ltd – Domino’s Pizza China (“DPC Dash” or the “Company”, together with its subsidiaries, the “Group”) (1405.HK), Domino’s Pizza’s exclusive master franchisee in the China Mainland, the Hong Kong Special Administrative Region of China, and the Macau Special Administrative Region of China, today announced its audited consolidated financial results for the year ended December 31, 2025 (“FY2025”).

FY2025 HIGHLIGHTS^[1]

• Revenues reached RMB5.38 billion, representing an increase of 24.8% from RMB4.31 billion in the year ended December 31, 2024 (“FY2024”).
• Opened 307 net new stores and entered into 21 new cities in FY2025. Total stores reached 1,315, across 60 cities, with 517 stores in Tier 1 cities and 798 stores in non-Tier 1 cities, as of December 31, 2025.
• Same-store sales growth (SSSG) was -1.5%, compared to 2.5% for FY2024 and -1.0% in the first six months of 2025. Tier 1 City markets delivered positive SSSG during FY2025 and in both the six months ended June 30 and December 31, 2025.
• Store-level EBITDA was RMB1,001.0 million, representing an increase of 20.4% from RMB831.4 million in FY2024. Store-level EBITDA margin was 18.6%, compared to 19.3% in FY2024.
• Store-level operating profit was RMB739.7 million, representing an increase of 18.5% from RMB624.0 million in FY2024. Store-level operating profit margin was 13.7%, compared to 14.5% for FY2024.
• Adjusted EBITDA was RMB634.6 million, representing an increase of 28.2% from RMB495.2 million in FY2024. Adjusted EBITDA margin was 11.8%, compared to 11.5% for FY2024.
• Adjusted Net profit was RMB187.9 million, representing an increase of 43.3% from RMB131.2 million in FY2024. Adjusted Net Profit margin was 3.5%, compared to 3.0% for FY2024.
• As of December 31, 2025, the Group held RMB1,001.5 million in cash and bank balances, as compared to RMB1,069.3 million as of December 31, 2024.
• Total loyalty program membership was 35.6 million, representing an increase of 45.3% from 24.5 million in FY2024.

Ms. Aileen Wang, CEO & Executive Director of DPC Dash commented, “We delivered another year of strong growth in 2025, with revenue increasing 24.8% to RMB5.38 billion and 307 net store openings expanding our footprint to 1,315 stores across 60 cities as of year end. Our 4D strategy continues to drive results across our network. Stores in Tier 1 cities delivered solid growth driven by positive same-store sales growth, demonstrating the resilience and sustained brand strength in our most mature markets. Meanwhile, non-Tier 1 markets now contribute nearly 60% of revenue, with new stores achieving exceptional unit economics and strong capital efficiency. We remain confident in our ability to capture the significant pizza market opportunity while delivering sustainable, long-term value for our shareholders.”

Ms. Helen Wu, CFO of DPC Dash, added, “Our 2025 results reflect both strong top-line momentum and enhanced operating efficiency, with adjusted EBITDA growing 28.2% to RMB634.6 million and adjusted net profit increasing 43.3% to RMB187.9 million. These results reflect our consistent cost discipline and targeted store‑level investments, as well as the increasing benefits of scale and efficiency at the corporate level. Looking ahead, supported by our solid balance sheet, we are well positioned to advance our ‘Go‑Deeper’ and ‘Go‑Broader’ strategy in a disciplined manner, maintaining a strong focus on efficiency as our footprint expands and stores ramp up.”

FY2025 Financial Results

Recent Developments

On December 19, 2025, the Company was recognized as a 2025 Best Employer by Mercer for the fourth consecutive year, and was also honored with the first-time “Star Employer” award.

As of December 31, 2025, the Chinese mainland market ranks as the third-largest international market within Domino’s Pizza’s global system in terms of store count.

On January 1, 2026, the Company opened 62 stores in 46 cities, the highest daily opening record in its history. Its first store in Dalian generated sales close to RMB700,000 on the grand opening day, setting a new record in Domino’s global system.

As of January 31, 2026, the Company held all of the top 50 positions in the global records of Domino’s Pizza for the first 30-day sales of new stores, such as the first store in Xuzhou, Handan and Huhehaote.

Outlook

The Group expects to open approximately 350 new stores in 2026. As of March 20, 2026, the Company opened 140 net new stores, with 14 stores under construction, and 65 stores signed, well on track to deliver the 2026 full year opening target of 350 stores.

Conference Call Information

The Company will host a conference call today, Wednesday, March 25, 2026, at 7:00 pm Hong Kong Time (or Wednesday, March 25, 2026, at 7:00 am Eastern Time) to discuss the financial results.

A live audio-only webcast of the call can be accessed directly at https://event.choruscall.com/mediaframe/webcast.html?webcastid=nHRXnD0d.

To participate by phone, participants are strongly encouraged to pre-register for the conference call, by using the link provided below. Upon registering, each participant will receive a set of participant dial-in numbers, the event passcode, and a unique access PIN, which can be used to join the conference call.

Pre-registration Link: https://dpregister.com/sreg/10206649/1034ed20f15

An audio-only replay of the call will also be accessible through April 1, 2026, by dialing the following numbers:

Key Definitions

• Store-level operating profit represents revenue less operational costs incurred at the store level, comprising salary-based expense, raw materials and consumables cost, depreciation of right-of-use assets, depreciation of plant and equipment, amortization of intangible assets, variable lease rental payment and short-term rental expenses, utilities expenses, advertising and promotion expenses, store operating and maintenance expenses and other expenses.
• Store-level operating profit margin is calculated by dividing store-level operating profit by revenue for the same year.
• Store-level EBITDA is defined as store-level operating profit for the year and adding back depreciation of plant and equipment and amortization of intangible assets in store-level.
• Store-level EBITDA margin is calculated by dividing Store-level EBITDA by revenue for the same year.
• Adjusted EBITDA is defined as Adjusted Net Profit for the year and adding back depreciation and amortization (excluding depreciation of right-of-use assets), income tax expense and interest income and expenses, net.
• Adjusted EBITDA margin is calculated by dividing Adjusted EBITDA by revenue for the same year.
• Adjusted Net Profit is defined as profit for the year and adding back share-based compensation.
• Adjusted Net Profit margin is calculated by dividing Adjusted Net Profit by revenue for the same year.
• Net new store openings. The number of gross new stores opened during the year minus the number of stores closed during the period.
• Same-store sales growth (SSSG). SSSG compares the sales generated by same stores during the relevant period year-on-year: the SSSG for the year ended December 31, 2025 compares the same-store sales of the year ended December 31, 2025 and that of the year ended December 31, 2024; the SSSG for the six months ended June 30, 2025 compares the same-store sales of the six months ended June 30, 2025 and that of the six months ended June 30, 2024; and the SSSG for the year ended December 31, 2024 compares the same-store sales of the year ended December 31, 2024 and that of the year ended December 31, 2023.

Non-IFRS Measures

To supplement the Group’s consolidated financial statements that are presented in accordance with the IFRS, the Group also uses Adjusted Net Profit (non-IFRS measure), Adjusted Net Profit margin (non-IFRS measure), Adjusted EBITDA (non-IFRS measure), Adjusted EBITDA margin (non-IFRS measure), Store-level EBITDA (non-IFRS measure) and Store-level EBITDA margin (non-IFRS measure) as additional financial measures, which are not required by, or presented in accordance with, IFRS.

“Store-level EBITDA” is defined as store-level operating profit for the year and adding back depreciation of plant and equipment and amortization of intangible assets in store-level. “Store-level EBITDA margin” is calculated by dividing Store-level EBITDA by revenue for the same year. “Adjusted Net Profit” is defined as profit for the year and adding back share-based compensation. “Adjusted Net Profit margin” is calculated by dividing Adjusted Net Profit by revenue for the same year. “Adjusted EBITDA” is defined as Adjusted Net Profit for the year and adding back depreciation and amortization (excluding depreciation of right-of-use assets), income tax expense and interest income and expenses, net. “Adjusted EBITDA margin” is calculated by dividing Adjusted EBITDA by revenue for the same year.

The Group believes that these non-IFRS measures facilitate comparisons of operating performance from period to period and company to company. The Group believes that these measures provide useful information to investors and others in understanding and evaluating the Group’s results of operations in the same manner as they help the Group’s management. However, the Group’s presentation of Adjusted Net Profit (non-IFRS measure), Adjusted Net Profit margin (non-IFRS measure), Adjusted EBITDA (non-IFRS measure), Adjusted EBITDA margin (non-IFRS measure), Store-level EBITDA (non-IFRS measure) and Store-level EBITDA margin (non-IFRS measure) may not be comparable to similarly titled measures presented by other companies. The use of such non-IFRS measures has limitations as an analytical tool, and shareholders and potential investors of the Company should not consider them in isolation from, or as substitute for analysis of, the Group’s results of operations or financial condition as reported under IFRS.

Forward-Looking Statements

Certain statements in this document and/or the Announcement are forward-looking statements that are, by their nature, subject to significant risks and uncertainties. Any statements that express, or involve discussions as to, expectations, beliefs, plans, objectives, assumptions, future events, or performance (often, but not always, through the use of words or phrases such as “will”, “expect”, “anticipate”, “estimate”, “believe”, “going forward”, “ought to”, “may”, “seek”, “should”, “intend”, “plan”, “projection”, “could”, “vision”, “goals”, “aim”, “aspire”, “objective”, “target”, “schedules”, and “outlook”) are not historical facts, are forward-looking and may involve estimates and assumptions and are subject to risks (including but not limited to the risk factors detailed in this document and/or the Announcement), uncertainties and other factors some of which are beyond the Company’s control. Accordingly, these factors could cause actual results or outcomes to differ materially from those expressed in the forward-looking statements. The Company’s forward-looking statements have been based on assumptions and factors concerning future events that may prove to be inaccurate. Those assumptions and factors are based on information currently available to the Company about the businesses that it operates. The risks, uncertainties and other factors, many of which are beyond the Company’s control, that could influence actual results include, but are not limited to: the Company’s operations and business prospects; its business and operating strategies and ability to implement such strategies; its ability to develop and manage its operations and business; its ability to control costs and expenses; its ability to identify and satisfy customer demands and preferences; the actions and developments of its competitors; general economic, political and business conditions in the markets in which it operates; and changes to regulatory and operating conditions in the industry and geographical markets in which it operates.

Any forward-looking statement speaks only as of the date on which such statement is made, and, except as required by the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited or under applicable law, the Company undertakes no obligation to update any forward-looking statement to reflect events or circumstances after the date on which such statement is made or to reflect the occurrence of unanticipated events.

Since actual results or outcomes could differ materially from those expressed in any forward-looking statements, the Company’s shareholders and potential investors are advised not to place undue reliance on the forward-looking statements and to exercise caution in dealing in securities in the Company.

About DPC Dash Ltd

DPC Dash is Domino’s Pizza’s exclusive master franchisee in the Chinese mainland, the Hong Kong Special Administrative Region of China and the Macau Special Administrative Region of China. Domino’s Pizza, Inc., DPC Dash’s global franchisor, is one of the most widely-recognized global consumer brands and the world’s largest pizza company. Led by a seasoned and visionary management team, DPC Dash is a market leader that differentiates from competitors with, among others, a continually innovated and localized pizza-focused menu, unique expertise and leadership in delivery, technology focus and scalable and replicable store economic model. DPC Dash operates 1,315 stores in 60 cities in the Chinese mainland as of December 31, 2025.

For more information, please visit www.dpcdash.com
For official company announcements, please visit www.hkexnews.hk

Contacts
DPC Dash Ltd Investor Relations:
DPC Dash Ltd
IR@dominos.com.cn

Source

Source: Hope Medicine Inc.

Source

Source: Sands China Ltd.

Source

• Medical staff from Ulsan University Hospital and employees of HD Hyundai Heavy Industries Philippines provide care to about 750 local residents
• HD Hyundai operates a shipyard in Subic and participates in the Philippine Navy’s modernization program

SEOUL, South Korea, March 24, 2026 /PRNewswire/ — Ulsan University Hospital, under the Ulsan Industrial Education Foundation affiliated with HD Hyundai, launched a six-day large-scale medical mission in Subic on March 16, providing essential health care services to approximately 750 local residents.

The initiative, which ran from March 16 to March 21, mobilized a specialized medical team from Ulsan University Hospital alongside employees from HD Hyundai Heavy Industries Philippines and local government officials. The mission focused on expanding healthcare access in the region while deepening ties between South Korean medical experts and the Subic community.

The initiative has been recognized as a model for corporate-hospital social contribution, combining Ulsan University Hospital’s medical expertise with HD Hyundai Heavy Industries Philippines’ global infrastructure to foster sustainable growth alongside the local community.

Through its shipyard operations, HD Hyundai supports the Philippine Navy’s modernization efforts, producing a range of sophisticated fleet assets including frigates and offshore patrol vessels (OPV).

The mission coincides with HD Hyundai’s expanding maritime operations in the country. In May 2024, HD Korea Shipbuilding & Offshore Engineering signed a lease agreement with Cerberus Capital Management for a portion of the Subic shipyard. By September 2025, the newly established HD Hyundai Heavy Industries Philippines reached a major milestone with the steel-cutting ceremony for its first vessel, a 115,000-deadweight-ton petrochemical product carrier.

Beyond commercial shipbuilding, HD Hyundai Heavy Industries has emerged as a primary partner in the Philippine Navy’s fleet modernization program. The company has secured orders for 12 naval vessels, including frigates, corvettes, and OPVs. To date, every vessel delivered under these orders has been handed over ahead of schedule, reinforcing the company’s reputation for reliability and technical performance.

Source