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XCMG Starts 2025 in Full Speed: Delivers Cutting-Edge Machinery to Global Customers

XUZHOU, China, Feb. 24, 2025 /PRNewswire/ — XCMG Machinery (“XCMG”, SHE:000425), a global leader in construction and mining machinery, has kicked off 2025 with a series of high-profile product deliveries to customers worldwide. Demonstrating its unwavering commitment to innovation, sustainability, and international growth, XCMG has shipped hundreds of state-of-the-art machines, including mining equipment, aerial work platforms, new energy loaders, high-end commercial vehicles, and concrete machinery, to key markets across the globe.

XCMG Starts 2025 in Full Speed: Delivers Cutting-Edge Machinery to Global Customers.
XCMG Starts 2025 in Full Speed: Delivers Cutting-Edge Machinery to Global Customers.

Expanding the Mining Market with Smart, Green Solutions

XCMG shipped a batch of its high-end open-pit mining equipment, valued at 318 million RMB. The shipment includes 90-ton, 135-ton, and 400-ton mining excavators, as well as 130-ton mining trucks, destined for major mining sites such as Fortescue in Australia, the Simandou iron ore project in Africa, and several sites in South America.

Additionally, XCMG delivered its first batch of underground mining machinery for 2025 lately, including advanced models such as XUD135, XUL305A and XUL307. With breakthroughs in remote control and autonomous driving technologies, XCMG’s underground mining equipment has been exported to over 10 countries in South America, Central America, and Southeast Asia, with sales exceeding 1,000 units.

Leading the Charge in New Energy Wheel Loaders

The world’s largest pure electric wheel loader, the XC9108-EV, and the popular XC968-EV, are en route to a mining site in Southeast Asia. The XC9108-EV features a fully self-developed control system for enhanced efficiency, while equipped with dual-series motor drive, reducing energy consumption by 70% and increasing efficiency by over 20%. A 700 kWh lithium iron phosphate battery supports ultra-fast charging, reaching 80% capacity in under one hour, ensuring uninterrupted high-intensity operations.

Aerial Work Platforms: Powering Global Construction Projects

XCMG’s aerial work platforms are set to support construction projects worldwide with hundreds of units delivered to North America and Europe. The flagship XGS40K telescopic boom lift has gained widespread recognition for its exceptional working height, reach, and load capacity, which is ideal for the construction, bridge maintenance, shipyard, petrochemical facilities and leasing industries.

High-End Commercial Vehicles: Redefining Performance and Sustainability

At XCMG’s high-end intelligent commercial vehicle production base, 300 heavy-duty trucks are ready for export to premium overseas markets. This shipment includes a variety of dump trucks and tractors, powered by both traditional fuel and pure electric systems. Designed to meet local emission standards and withstand complex working conditions, these vehicles are renowned for their high performance, reliability, and safety.

Concrete Equipment: Building the Future in the Middle East

XCMG has also shipped a batch of complete sets of concrete machinery, including pump trucks and mixers, to various countries in the Middle East. These machines will play a pivotal role in local municipal infrastructure projects, contributing to the region’s development.

The concrete pump trucks feature intelligent, automated operations and third-generation intelligent boom technology, improving response speed by 30% and enhancing construction efficiency. The mixers utilize advanced drum technology, ensuring superior safety and mixing performance.

WiMi Hologram Cloud Inc. to Hold Extraordinary General Meeting on March 25, 2025

BEIJING, Feb. 24, 2025 /PRNewswire/ — WiMi Hologram Cloud Inc. (Nasdaq: WIMI) (“WiMi” or the “Company”), a leading AR services provider in China, today announced that it will (i) terminate the Deposit Agreement dated March 20, 2020, among the Company, JPMorgan Chase Bank N.A. (the “Depositary”), and the holders of American depositary shares (the “ADSs”) from time to time, effective April 2, 2025, and (ii) hold its extraordinary general meeting of shareholders (the “EGM”) at Room#1508, 4th Building, Zhubang 2000 Business Center, No. 97, Balizhuang Xili, Chaoyang District, Beijing on March 25, 2025 at 9:00 a.m. Beijing Time. The Company’s board of directors has fixed February 24, 2025, as the record date (the “Record Date”) for determining the shareholders entitled to receive notice of the extraordinary general meeting or any adjournment or postponement thereof. Holders of the Company’s Class A ordinary shares (the “Class A ordinary shares”) and Class B ordinary shares (the “Class B ordinary shares”), par value US$0.0001 per share (collective, the “ordinary shares”) of record at the close of business on the Record Date are entitled to attend and vote at the EGM. Holders of American Depositary Shares (the “ADSs”) who wish to exercise their voting rights for the underlying Class B ordinary shares must act through JPMorgan Chase Bank, N.A., the depositary of the Company’s ADS program.

On or about February 24, 2025, the Depositary of the Company’s American depositary receipts (the “ADRs”), will distribute to all holders and beneficial owners of the Company’s ADRs a notification regarding the termination of ADR facility for the Company’s ADSs pursuant to the Deposit Agreement. The effective date of the termination of the Deposit Agreement will be April 2, 2025 (the “Effective Date”). On the Effective Date, holders of ADSs will have their ADSs automatically cancelled and would be entitled to receive the corresponding underlying Deposited Securities (the “Mandatory Exchange”) at a rate of two (2) Class B ordinary shares for each ADS cancelled, subject to further adjustment in accordance with the share consolidation (defined below) described below.

Subject to shareholder approval at the EGM and concurrent to the Mandatory Exchange, a consolidation of the Company’s Shares at a ratio of one (1) consolidated ordinary share for every twenty (20) existing ordinary share (the “share consolidation”).  If the share consolidation is approved, on the Effective Date, former ADS holders should expect to receive one (1) consolidated Class B ordinary share for every ten (10) ADS previously held.  If the share consolidation is not approved or delayed, on the Effective Date, former ADS holders should expect to receive two (2) existing Class B ordinary shares for every one (1) ADS previously held.

At the EGM, shareholders will be asked for vote on the following proposals:

(i)    With effect from 5 P.M. on April 2, 2025, Eastern time, (a) every twenty (20) Class A ordinary shares of a par value of US$0.0001 each in the Company’s issued and unissued share capital be and are hereby consolidated into one (1) Class A ordinary share (each a “consolidated Class A share”) of a par value of US$0.002, and such consolidated Class A shares shall have the same rights and subject to the same restrictions as the Class A ordinary shares as set out in the Company’s currently effective Second Amended and Restated Memorandum and Articles of Association (the “M&A”), (b) every twenty (20) Class B ordinary shares of a par value of US$0.0001 each in the Company’s issued and unissued share capital be and are hereby consolidated into one (1) Class B ordinary share (each a “consolidated Class B share”) of a par value of US$0.002, and such consolidated Class B shares shall have the same rights and subject to the same restrictions as the Class B ordinary shares as set out in the Company’s M&A, and (c) every twenty (20) undesignated shares of a par value of US$0.0001 each in the Company’s unissued share capital be and are hereby consolidated into one (1) share of a par value of US$0.002 (collectively, the “share consolidation”), such that immediately following the share consolidation, the authorized share capital of the Company shall be changed

FROM 

US$50,000 divided into 500,000,000 shares comprising (i) 25,000,000 Class A ordinary shares of a par value of US$0.0001 each; (ii) 275,000,000 Class B ordinary shares of a par value of US$0.0001 each; and (iii) 200,000,000 shares of a par value of US$0.0001 each of such class or classes (however designated) as the board of directors may determine;

TO

US$50,000 divided into 25,000,000 shares comprising (i) 1,250,000 Class A ordinary shares of a par value of US$0.002 each; (ii) 13,750,000 Class B ordinary shares of a par value of US$0.002 each; and (iii) 10,000,000 shares of a par value of US$0.002 each of such class or classes (however designated) as the board of directors may determine, and no fractional shares be issued in connection with the share consolidation and the Company’s transfer agent would aggregate all fractional shares and sell them as soon as practicable after the effective time of the share consolidation at the then-prevailing prices on the open market, on behalf of those shareholders who would otherwise be entitled to receive a fractional share as a result of the share consolidation.

(ii)    Immediately following the share consolidation, the authorized share capital of the Company be increased

FROM US$50,000 divided into 25,000,000 shares comprising (i) 1,250,000 Class A ordinary shares of a par value of US$0.002 each; (ii) 13,750,000 Class B ordinary shares of a par value of US$0.002 each; and (iii) 10,000,000 shares with a par value of US$0.002 each of such class or classes (however designated) as the board of directors may determine.

TO US$1,500,000 divided into 750,000,000 shares comprising (i) 37,500,000 Class A ordinary shares of a par value of US$0.002 each; (ii) 412,500,000 Class B ordinary shares of a par value of US$0.002 each; and (iii) 300,000,000 shares with a par value of US$0.002 each of such class or classes (however designated) as the board of directors may determine.

(the “share capital increase”.)

(iii)    any one or more of Directors of the Company be and is/are hereby authorized to do all such acts and things and execute all such documents, which are ancillary to the share consolidation and share capital increase and of administrative nature, on behalf of the Company, including under seal where applicable, as he/they consider necessary, desirable or expedient to give effect to the foregoing arrangements for the share consolidation and share capital increase; the Company’s registered office provider be instructed to make all necessary filings with the Companies Registry in the Cayman Islands in connection with the share consolidation and share capital increase; and the Company’s share registrar be instructed to update the register of members of the Company and that upon the surrender to the Company of the existing share certificates (if any) that they be cancelled and that any Director be instructed to prepare, sign, seal and deliver on behalf of the Company new share certificates accordingly.

Shareholders and ADS holders may obtain a copy of the Company’s annual report, free of charge, from the Company’s website at http://ir.wimiar.com/ and from the SEC’s website at www.sec.gov, or by contacting WiMi Hologram Cloud Inc., Room#1508, 4th Building, Zhubang 2000 Business Center, No. 97, Balizhuang Xili, Chaoyang District , telephone: +86-10-5338-4913, email: Pr@wimiar.com 

About WIMI Hologram Cloud Inc.

WiMi Hologram Cloud, Inc.(NASDAQ:WIMI), whose commercial operations began in 2015, operates an integrated holographic AR application platform in China and has built a comprehensive and diversified holographic AR content library among all holographic AR solution providers in China. Its extensive portfolio includes 4,654 AR holographic contents. The company has also achieved a speed of image processing that is 80 percent faster than the industry average. While most peer companies may identify and capture 40 to 50 blocks of image data within a specific space unit, WiMi collects 500 to 550 data blocks.

Safe Harbor Statement

This press release contains “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and current report on Form 6-K and other documents filed with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable laws.

For more information, please visit http://ir.wimiar.com/

 

ISCA Forms Partnership with Xi’an Jiaotong-Liverpool University (XJTLU) to Establish Singapore Chartered Accountant Qualification Programme in China


SINGAPORE – Media OutReach Newswire – 24 February 2025 – The Institute of Singapore Chartered Accountants (ISCA) has signed a Memorandum of Understanding (MOU) with Xi’an Jiaotong-Liverpool University (XJTLU) in Suzhou, China, to establish pathways for students in China to pursue the Singapore Chartered Accountant Qualification (SCAQ). The newly-formed partnership marks the first collaboration with a university in China for ISCA, since the launch of its first ever Representative Office in Nanjing in November 2024.

ISCA Forms Partnership with Xi'an Jiaotong-Liverpool University (XJTLU) to Establish Singapore Chartered Accountant Qualification Programme in China

ISCA’s Partnership to Nurture Accountancy Talent in China

Under the partnership, eligible undergraduate accounting students from International Business School Suzhou (IBSS) at XJTLU will enjoy exemptions for selected subjects under the Foundation Programme (FP) of the SCAQ. Upon completion of the FP, students will be conferred the Professional Business Accountant (PBA) title, which is the first step in their journey towards becoming a Chartered Accountant of Singapore. The exemptions provide XJTLU accounting students with an accelerated pathway towards a career in professional accountancy, and helps to further foster interest in accountancy as a study of choice in China. In addition, ISCA will award 20 scholarships amongst the top 5% of students annually, which will cover the fees of the FP.

The collaboration between ISCA and XJTLU will be the first stage of a deeper and longer-term partnership between both institutions. Accounting students from IBSS will be connected with companies in China such as Tencent, DBS China, PwC China and the Singapore Nanjing Eco Hi-tech Island (SNECO), who have been recognised as an Accredited Training Organisations (ATO) of ISCA. The network of ATOs in China is expected to grow over the next few years.

Professor Jorg Bley, Dean of IBSS, said: “We are immensely proud that our BA Accounting programme has become the first in China to receive accreditation from ISCA. This milestone not only underscores the global recognition of our programme’s academic rigor and quality but also reflects our commitment to nurturing future-ready accounting professionals who meet international standards. At IBSS, we strive to bridge East and West by providing our students with world-class education and opportunities to excel in a competitive global landscape. The cooperation with ISCA is a testament to our dedication to innovation, excellence, and the continuous pursuit of delivering value to our students and the broader business community.”

The MOU was signed earlier today by Mr Tan Wei Luo, Divisional Director for Qualification, Market & Growth at ISCA, and Professor Jorg Bley, Dean of IBSS at XJTLU’s Suzhou Industrial Park campus. The signing ceremony was attended by leaders from Suzhou Industrial Park, representatives from ISCA and XJTLU, invited guests from the accounting and business sectors in China and Singapore, as well as the inaugural batch of 20 student scholarship recipients from IBSS at XJTLU.

Establishing ISCA’s Presence in China

As part of broader plans to expand ISCA’s presence in China, ISCA will also be launching ISCA Professional Services (PS) Centres in 10 cities around the world by June. These PS centres will serve as a conduit to promote regionalisation and availability of professional services such as sustainability, legal, and other corporate services, to meet the needs of Singaporean businesses in China and vice versa.

The ISCA PS Centre is poised to amplify the demand for professional services and accounting expertise. Hence, our partnership with XJTLU marks a pivotal first step in our strategy designed to nurture and grow a robust pipeline of accounting professionals. This collaboration is essential in addressing the growing needs of the business ecosystem in China.” said Ms Claire Qian, ISCA Chapter Chairperson for Shanghai.

“The cooperation between ISCA and XJTLU will deepen the cooperation and exchanges between China and Singapore in the field of accounting and other professional services,” said Mr Qian Fudan, Director (Performance and Asset Management Division) at the Financial Audit Bureau in Suzhou Industrial Park. “This will ensure the growth of more accounting talent with professional capabilities and global experience to support the vision and goal of building a world-class high-tech park with innovation and excellence.”

Hashtag: #ISCA #Accountancy #DifferenceMakers #西交利物浦大学

The issuer is solely responsible for the content of this announcement.

About the Institute of Singapore Chartered Accountants (ISCA)

The Institute of Singapore Chartered Accountants (ISCA) is the national accountancy body of Singapore with over 39,000 ISCA members making their stride in businesses across industries in Singapore and around the world. ISCA members can be found in over 40 countries and members based out of Singapore are supported through 12 overseas chapters in 9 countries.

Established in 1963, ISCA is an advocate of the interests of the profession. Complementing its global mindset with Asian insights, ISCA leverages its regional expertise, knowledge, and networks with diverse stakeholders to contribute towards the advancement of the accountancy profession.

ISCA administers the Singapore Chartered Accountant Qualification programme and is the Designated Entity to confer the Chartered Accountant of Singapore – CA (Singapore) – designation.

ISCA is a member of Chartered Accountants Worldwide, a global family that brings together the members of leading institutes to create a community of over 1.8 million Chartered Accountants and students in more than 190 countries.

For more information, visit .

Four Seasons Hotel Hong Kong marks its 20th anniversary with a year of extraordinary experiences and unique events

HONG KONG, Feb. 24, 2025 /PRNewswire/ — Consistently hailed as one of the world’s finest hotels, Four Seasons Hotel Hong Kong celebrates twenty years in 2025 with a remarkable array of experiences that underscore its reputation for unmatched excellence in one of Asia’s most thrilling destinations.

ARGO, Asia's 50 Best Bars #9
ARGO, Asia’s 50 Best Bars #9

From stellar cuisine to sublime wellness, world-class bar programmes to a glittering wedding showcase, the hotel’s anniversary year is set to dazzle local and international guests alike with its unique events and activations.

Unforgettable ARGO Nights

A distinctly creative and contemporary cocktail bar, ARGO has won consistent acclaim for its stellar drinks programme and groundbreaking approach to fine drinking. Its ‘Friends of ARGO’ series of pop-ups has become a must-attend in Hong Kong for innovative mixology lovers, but three events in February, May, October are set to shake things up in even more exciting ways.

ARGO MegaFriends now extends the pop-up to a collaboration with no fewer than three guest bars at once. In February, that means Zest from Seoul (#2 in Asia’s 50 Best Bars), Vesper from Bangkok (#13) and Penrose from Kuala Lumpur (#8) will join ARGO’s Beverage Manager Federico Balzarini and his team for a night of cutting-edge cocktails and the finest hospitality.

Star-studded Nights at Lung King Heen and Caprice

On May 23-24, legendary Chinese Executive Chef Chan Yan Tak of Lung King Heen, the world-renowned Cantonese gem, will join hands with Chef Charles Zhang from Jin Jing Ge at Four Seasons Hotel Suzhou. This four-hands event in Suzhou promises to showcase an exquisite interplay of Cantonese and Jiangnan cuisines, celebrating the essence of both culinary traditions.

Later in the year, from September 18–20, Caprice will host an event featuring a lineup of stellar guest chefs from a prestigious global portfolio of restaurants. Each evening, they will join Caprice’s Executive Chef Guillaume Galliot to craft a unique tasting menu. Guests are invited to experience an exquisite blend of diverse culinary traditions and flavours like never before.

The ‘Ultimate Tables’ Package

Guests looking to visit or re-visit the Four Seasons Hong Kong also have the perfect opportunity thanks to Ultimate Tables, an exhilarating new package combining the city’s finest dining with cultural immersion and the hotel’s famed accommodation.

For a minimum two-night stay, the package includes welcome drinks and snacks at the multi award-winning bar ARGO, dinner at Caprice and a dim sum lunch at Lung King Heen, two restaurants which together hold five Michelin stars.

Another feature is access to the hotel’s 45th floor Executive Club which offers spectacular views of Victoria Harbour and complimentary treats throughout the day. Accommodation options for the package include an Executive Harbour View Room with rates starting from *HKD 19,000++ or a Superior Harbour View Suite starting from *HKD 25,500++.

Sublime Wellness

Four Seasons Hotel Hong Kong is equally acclaimed for its wellness offerings and the 20th anniversary will let guests float in tranquillity with Full Moon Floating Sound Baths, as well as new facilities later in the year including Infrared Beds to flush out toxins and a Cold Plunge Pool to restore balance to the nervous system and improve cognitive function. This sensory escape is designed to deepen mindfulness and enhance serenity.

2025 also represents a landmark year for those getting married and the hotel’s Wedding Showcase in February allows for the finest planning for the happiest of days. The showcase allows for inspections of the Grand Ballroom and meetings with up to 30 of the city’s esteemed vendors.

Regional Vice President and General Manager Four Seasons Hotel Hong Kong, Christian Poda relayed his thoughts on the hotel’s landmark anniversary:

“We are thrilled to be celebrating 20 years of Four Seasons Hotel Hong Kong, but this is still a young hotel! We have been groundbreaking and bold since the day we opened and continue to innovate every single day, never resting in our efforts to redefine luxury hospitality. For all of us, that means fostering a true sense of belonging, ensuring that every single guest feels valued and special through thoughtful, human-centred service.”

*Price is subject to 10% service charge and 3% hotel tax.

Three-Michelin-Starred French Restaurant Caprice
Three-Michelin-Starred French Restaurant Caprice

Four Seasons Hotel Hong Kong by the Harbour
Four Seasons Hotel Hong Kong by the Harbour

In-Room Breakfast at a Harbour View Room
In-Room Breakfast at a Harbour View Room

The World's First Three-Michelin-Starred Cantonese Restaurant
The World’s First Three-Michelin-Starred Cantonese Restaurant

Fractal Achieves AWS Premier Tier Services Partner Status

NEW YORK, Feb. 24, 2025 /PRNewswire/ — Fractal (www.fractal.ai), a global provider of artificial intelligence and advanced analytics solutions to Fortune® 500 companies, announced today that it has achieved the AWS Premier Tier Services Partner status within the Amazon Web Services (AWS) Partner Network (APN). This recognition is awarded to only a select few partners and recognizes Fractal’s expertise and commitment to delivering cloud solutions and services to its global clients. 

Achieving the Premier Tier status differentiates Fractal as an AWS Partner which has demonstrated expertise and success in helping customers design, architect, build, migrate, and manage their workloads on AWS. AWS Premier Tier Services Partners are the experienced partners, recognized in their respective geographical, vertical, or horizontal markets.

Fractal delivers innovative solutions across various AWS technologies such as Cloud Strategy, Migration and Modernization, Advanced Data, Analytics, Product Innovation, and Cloud Engineering services. With a global presence and expertise in cloud technologies and business strategy, Fractal has garnered notable achievements, including 200+ AWS Certifications, the launch of 50+ Customers on AWS, the attainment of 6 AWS Competencies, AWS Service validations, and the participation in multiple Partner Programs.

“This recognition from AWS highlights our shared commitment to innovation and excellence in cloud technologies, inspiring us to push boundaries and deliver greater value to our clients,” said Srikanth Velamakanni, Co-Founder, Group Chief Executive and Executive Vice-Chairman of Fractal. 

To earn the Premier Tier, companies must complete a rigorous approval process through accreditations and certifications, demonstrate a long-term investment in their relationship with AWS, and have extensive expertise in deploying customer solutions on AWS. AWS Premier Tier Services Partners also have a strong team of AWS-trained and certified technical consultants and possess deep expertise in project management and professional services. 

Fractal continues to build on its existing AWS competencies in data and analytics, Generative AI, DevOps, retail, financial services and consumer goods further establishing its credentials as one of the leading AI-powered solution providers to drive success for businesses worldwide. 

About Fractal 

Fractal is a globally recognized AI company with the vision to power every human decision in the enterprise. Fractal is a trusted partner to some of the most admired Fortune 500® companies. 

Fractal’s businesses include Asper.ai (enabling interconnected decisions for revenue growth), Flyfish (GenAI platform for search & product discovery) and Analytics Vidhya (one of the world’s largest data science community). Fractal incubated Qure.ai, a leading player in healthcare AI for efficient identification and care of Tuberculosis, lung cancer and stroke. 

Fractal currently has 5000+ employees across 18 global locations, including the United States, Canada, UK, Netherlands, Ukraine, India, Singapore, South Africa, UAE and Australia. Fractal has been recognized as ‘Great Workplace’ and ‘India’s Best Workplaces for Women’ in the top 100 (large) category by The Great Place to Work® Institute; featured as a leader in Data Engineering services 2024 & Data Science Services 2024 by Information Services Group, Leader in AI and Analytics Services Specialists Peak Matrix Assessment 2024 by Everest Group, Leader in Customer Analytics Service Providers Wave™ 2023 by Forrester Research, Inc.

MPU FlexTV Awarded “TOP 10 National Micro-Short Drama Overseas Platforms” at the 14th China International New Media Short Film Festival, Co-hosted by the National Radio and Television Administration

SINGAPORE, Feb. 24, 2025 /PRNewswire/ — Mega Matrix Inc. (NYSE American: MPU) announced that on February 19, the 14th China International New Media Short Film Festival (CSFF) , co-hosted by the National Radio and Television Administration (NRTA) and the Shenzhen Municipal Government, held its prestigious event, the “Jinpeng Night” (refers to “Golden Phoenix Night“) celebration, in Guangming, Shenzhen, China. FlexTV, the overseas short drama platform under Mega Matrix Inc. (NYSE American: MPU), was awarded the “Micro-Short Drama Jinpeng Index (refers to “Golden Phoenix Index”) – TOP 10 National Micro-Short Drama Overseas Platforms,” presented by the NRTA, becoming one of the leading platforms in the micro-short drama export industry.

CSFF is the only national-level, international short film festival in China. This year’s festival, themed “Light and Shadow in the Palm, Innovating Towards Quality,” focused on the innovation of “Film & TV + Technology.” Under the guidance of the NRTA, the festival’s organizing committee, in collaboration with industry associations, released the Jinpeng Index (Jinpeng Industry New Quality List for Micro-Short Dramas), selecting industry benchmarks through market data analysis of micro-short drama production, broadcasting, and export, providing authoritative references for the high-quality development of the micro-short drama industry.

As a publicly listed company on the US stock market, MPU has always been committed to deepening and innovating in the global pan-entertainment culture sector. The inclusion of FlexTV on the Jinpeng Industry New Quality List for Micro-Short Dramas not only reflects its outstanding performance in content quality and communication influence but also highlights its leading position in the short drama export field. In the future, FlexTV will continue to respond to the film industry’s call for “Technology and Innovation,” leveraging the advantages of micro-short drama content’s richness and flexibility, and continue to create diverse, international, high-quality content to bring more excellent audiovisual experiences to global audiences.

About Mega Matrix Inc.: Mega Matrix Inc. (NYSE American: MPU) is a holding company and operates FlexTV, a short-video streaming platform and producer of short dramas, through its subsidiary, Yuder Pte, Ltd.. Mega Matrix Inc. is a Cayman Island corporation headquartered in Singapore. For more information, please contact info@megamatrix.io or visit: http://www.megamatrix.io.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate future acquisitions; ability to grow and expand our FlexTV business; ability to execute the strategic cooperation with TopReels, ability to obtain additional financing in the future to fund capital expenditures; ability to establish the investment fund with 9 Yards Communications under the memorandum of understanding; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company’s profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company’s new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company’s future results of operations are subject to additional risks and uncertainties set forth under the “Risk Factors” in documents filed by the Company’s predecessor, Mega Matrix Corp., with the Securities and Exchange Commission, including the Company’s latest annual report on Form 10-K, as amended, and are based on information available to the Company on the date hereof. In addition, such risks and uncertainties include the Company’s inability to predict or control bankruptcy proceedings and the uncertainties surrounding the ability to generate cash proceeds through the sale or other monetization of the Company’s assets. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Disclosure Channels

We announce material information about the Company and its services and for complying with our disclosure obligation under Regulation FD via the following social media channels:

The Company will also use its landing page on its corporate website (www.megamatrix.io) to host social media disclosures and/or links to/from such disclosures. The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these social media channels in addition to following our website, press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described above may be updated from time to time as listed on our website.

Democratizing Innovation: Anycubic Redefines Consumer 3D Printing

SHENZHEN, China, Feb. 24, 2025 /PRNewswire/ — In 2024, as industrial 3D printing markets experienced double-digit contractions, a quiet revolution was taking place in daily scenarios worldwide. The sub-$2,500 segment saw a remarkable 28% surge, demonstrating that additive manufacturing is no longer confined to factories—it’s rapidly becoming a household staple.

While recently some brands have made waves by attempting to establish their own user ecosystems through strategic integration and exclusive connections to third-party applications, this has raised questions about whether such exclusivity aligns with the open ethos that has long defined the 3D printing community. Redditors have responded with strong criticism and hundreds of accusations. In contrast, brands like Anycubic continued to democratize 3D printing technology, offering advanced features and cutting-edge technology to the broadest possible audience, ensuring accessibility without creating isolated silos.

From Tinkerers to Mainstream Makers 

Rewind a decade, 3D printing demanded the patience of a watchmaker and the grit of a garage inventor. Setting up a printer was a daunting task, often requiring hours of meticulous assembly and troubleshooting. Users had to manually level the build platform with extreme precision—one wrong adjustment could lead to failed prints, frustration, and wasted materials. The learning curve was steep, making 3D printing a hobby reserved for the most dedicated tinkerers and tech enthusiasts.

Today, printers like the Anycubic Kobra S1—with their plug-and-play design, fully enclosed structure, and intuitive assembly—epitomize the industry’s pivot toward accessibility. This isn’t about dumbing down; it’s smart engineering. By reducing setup steps by 90% compared to earlier models (based on internal usability studies), Anycubic has transformed 3D printing from a niche hobby into a seamless, living-room-ready experience.

The Kobra S1’s CoreXY FDM system, combined with support for practical filament materials like PLA, PETG, ABS, and ASA, enables versatile applications—including multi-color printing with up to 8 colors via the ACE Pro. This blend of industrial-grade capability and consumer-friendly design has struck a chord with users, as evidenced by the surge in demand for fully enclosed CoreXY printers, which now command over 50% of Amazon sales (up from 14% in January 2024).  

This shift underscores a broader trend: consumers crave reliability and ease of use. Anycubic’s entry into this space, backed by its relentless focus on user experience, has not only captured market share but also created a supply-demand gap, with thousands of units in backlog—proof that when technology meets accessibility, the market responds.

Beyond Speed & Scale: The Intuitive Revolution

In 2024, speed emerged as the defining frontier in consumer 3D printing—a race where raw velocity met intelligent design. Anycubic’s FDM printers now tear through prints at 600mm/s, churning out a standard 3DBenchy in just 15 minutes, while resin machines like the Photon Mono M7 Pro hit 170mm/h, tripling traditional curing rates. Yet these numbers merely set the stage for a quieter revolution: ambient intelligence.

The AI-Print Sentinel serves as an invisible guardian for your prints, monitoring for errors and stepping in before issues arise, saving both time and resources. Meanwhile, Makeronline‘s crowdsourced model library and the Orca-powered Anycubic Slicer Next bridge the gap between digital design and physical creation. The Dynamic Smart Heating Vat ensures stable print performance across varying environments, while the automatic material feeding system makes large-format printing a breeze.

Resin printers, once notorious for their fumes, are now transforming. Integrated air purifiers address a longstanding consumer pain point, drastically reducing VOC emissions and turning the era of toxic legacy into a thing of the past.

The Trifecta of Empowerment: Community, Software, and Resonance

Anycubic’s 2024 strategy reveals a cardinal truth: In the consumer market, hardware is merely the entry ticket. Transcending hardware innovation, Anycubic anchors itself in three pillars that redefine what it means to empower creators:

  1. Makeronline:
    Since its Q1 2024 debut, Makeronline has cemented its position as the beating heart of consumer 3D innovation, hosting 150,000+ premium models alongside a thriving community of tens of thousands of global designers. The community’s over 40 Weekly Design Sprints and four quarterly Global Creation Challenges have redefined collaborative design, with nearly 200,000 registered creators incentivized by a reward system that has awarded millions of dollars in cash prizes, hardware bundles, and loyalty points. 
  2. Evolving Software:
    For LCD resin printers, the revamped Photon Workshop aims to simplify the whole printing experience. Its upgraded support algorithm significantly reduces bleed-through failures and streamlines post-processing, delivering performance that rivals premium paid alternatives. Seamless integration with Makeronline and printers enables one-click workflows: users download, slice, and remotely print models without leaving the interface. On the FDM front, the Kobra series’ Anycubic Slicer Next—built on Orca’s open-source framework—unifies model libraries, filament profiles, and LAN/WAN control into a single cockpit. Hardware-specific optimizations promises every update tightens the bond between machine and maker. 
  3. Fan Festival:
    To respond to the overwhelming enthusiasm for Anycubic’s new releases, the company is hosting its first-ever large-scale community ritual of the year, the month-long Anycubic Fan Festival, starting February 20—a cultural moment that transcends mere sales.
    – Daily Check-In Rewards: Registered users unlock tiered prizes (Feb 13-Mar 19), blending gamification with brand loyalty.
    – Curated Bundles: Thoughtfully paired printer-accessory kits target specific user personas—from educators to cosplay creators. 

And more offers on consumables and accessories, explore curated bundles at Anycubic Official Store.

Anycubic Fan Festival
Anycubic Fan Festival

The Fan Festival wasn’t just a marketing event—it was a celebration of creativity, drawing thousands of makers from around the world to share ideas, showcase projects, and deepen their connection with the Anycubic.

Market Validation: When Users Cast the Deciding Vote 

Commercial success tells the rest. The Kobra 3 Combo dominates Amazon’s U.S. multi-color printer sales, while Anycubic commands Europe’s #1 market share—to a decade of dedication, deep understanding of local user needs, and well-crafted localized strategies.

Anycubic has earned widespread acclaim from top publications like ForbesCNETTechRadar, and Tom’s Hardware for making high-quality 3D printing accessible without compromising performance. From the Kobra series to the Photon Mono lineup, experts praise Anycubic’s precision, reliability, and value for both beginners and professionals. 

Post-Formnext Frankfurt 2024 of the debuting of Kobra S1 Combo, visits to Anycubic’s official website surged in the past quarter, surpassing the total traffic of the past two years. Anycubic stands among the few mainstream desktop 3D printing brands that experienced traffic growth during this period, while most others saw declines to varying degrees.

Epilogue: Printing the Future, One Layer at a Time 

As 3D printing continues to evolve, Anycubic‘s commitment to accessibility and innovation serves as a reminder that technology’s true power lies not in its complexity but in its ability to empower individuals. This user-first approach not only accelerates the adoption of 3D printing in diverse fields but also fosters a broader range of applications and use cases. As the industry adapts to meet evolving user needs, Anycubic’s strategic focus on accessibility ensures it remains at the forefront of both technological advancement and the democratization of innovation. By bridging the gap between industrial-grade capability and consumer-friendly design. With Anycubic, the future of 3D printing isn’t just being built—it’s being printed, one layer at a time.

The Nature Conservancy (TNC) Appoints Anthony Gao as New Executive Director for Hong Kong and Regional Partnerships

HONG KONG, Feb. 24, 2025 /PRNewswire/ — The Nature Conservancy (TNC) is pleased to announce the appointment of Anthony Gao as the new Executive Director for Hong Kong and Region al Partnerships. Reporting to the Regional Managing Director, Anthony leads TNC’s efforts to strengthen its presence in Hong Kong and across Asia Pacific by fostering strategic partnerships and driving philanthropic support for conservation.  

Anthony Gao - Executive Director, Hong Kong and Regional Partnerships, The Nature Conservancy
Anthony Gao – Executive Director, Hong Kong and Regional Partnerships, The Nature Conservancy

Bringing extensive expertise in philanthropy, strategic partnerships, and social impact, Anthony joined TNC after serving as Head of Philanthropy Services for Asia at Pictet Wealth Management, where he built a platform to support high-net-worth families and family offices to enhance their philanthropic impact.  Prior to that, he expanded philanthropy services and led impactful fundraising initiatives in Greater China for UBS AG.

With a background in management consulting at McKinsey & Co, Anthony started his leadership journey in the philanthropic sector at the Bill & Melinda Gates Foundation, where he guided the foundation’s strategy for philanthropic sector development, formulated strategy and managed programs on agricultural development, poverty eradication, and health system improvement, and others.

“I am honored to join The Nature Conservancy and contribute to its mission of driving impactful conservation efforts across Asia Pacific,” said Anthony Gao. “With Hong Kong’s strategic role in philanthropy and regional partnerships, I look forward to collaborating with TNC’s partners and supporters to advance sustainability and environmental initiatives that create lasting positive change.”

Mr. Will McGoldrick, Regional Managing Director, Asia Pacific, said, “As a global financial hub, Hong Kong is crucial to TNC’s strategic initiatives. We are excited to welcome Anthony on board. His experience in philanthropy and ability to build strategic partnerships will help us strengthen our presence in Hong Kong and the Asia Pacific, accelerating us towards our 2030 goals.”

About The Nature Conservancy

The Nature Conservancy is a global conservation organization dedicated to conserving the lands and waters on which all life depends. Guided by science, we create innovative, on-the-ground solutions to our world’s toughest challenges so that nature and people can thrive together. We are tackling climate change, conserving lands, waters and oceans at an unprecedented scale, providing food and water sustainably and helping to make cities more livable. Working in more than 81 countries and territories, we use a collaborative approach that engages local communities, governments, the private sector, and other partners. TNC has been in Asia Pacific for almost 30 years with projects in Australia, China, Hong Kong, Indonesia, Mongolia, New Zealand, and the Pacific Islands.  In 2019, TNC was awarded the Lui Che Woo Prize for Sustainable Development. To learn more, please visit: The Nature Conservancy (tnc.org.hk) or follow TNC HK 大自然保護協會 and @tnc_hk