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Step Into the Glamour of the Roaring Twenties: JJ’s House Launches All-New 1920s Dress Collection

LOS ANGELES, May 28, 2025 /PRNewswire/ — JJ’s House, a global leader in affordable occasionwear, is channeling old Hollywood glamour with the launch of its new 1920s dress collection—a dazzling tribute to the roaring twenties with a modern twist. Inspired by the era of Art Deco elegance, jazz-age opulence, and Gatsby-style soirées, the collection offers the perfect blend of vintage charm and contemporary sophistication.

From Gatsby-style gowns to flapper dresses dripping in sequins and fringe, this bold new line is a love letter to vintage elegance with a modern, wearable twist.The newly released line features a curated range of 1920s-inspired dresses, ideal for themed events, cocktail parties, evening weddings, or formal occasions. Think intricate beading, elegant fringe, shimmering sequins, and sleek silhouettes—crafted to capture the spirit of the flapper era while offering the comfort and fit today’s shoppers expect.

“Our goal with this collection was to celebrate the timeless glamour of the 1920s while keeping it relevant and wearable for modern-day events,” said a JJ’s House spokesperson. “Each dress is designed to make a statement—whether you’re attending a Gatsby party, a vintage wedding, or simply looking for a standout evening look.”

What to expect from the 1920s collection:

Flapper Fantasy: Channel the icons of the era with fringe-trimmed, curve-skimming flapper dresses perfect for dancing and drama.

Gatsby Glamour: Sophisticated Gatsby dresses adorned with sequins, pearls, and geometric patterns capture the decadence of the decade.

Modern Vintage Looks: Vintage-inspired gowns meet contemporary tailoring—ideal for formal eveningwear that blends nostalgia with now.

Each dress in the collection is available in a range of sizes and colors, with many styles offered through JJ’s House’s made-to-order service—ensuring a precise fit and reduced environmental impact. This approach aligns with the brand’s ongoing commitment to sustainable fashion and responsible production.

With accessible pricing, fast shipping, and an intuitive online shopping experience, JJ’s House makes it easy for customers to dress the part—no matter the decade. Whether you’re attending a themed gala or simply want to add some vintage elegance to your wardrobe, this 1920s occasionwear collection delivers drama, style, and sophistication.

Explore the full 1920s dress collection now at www.jjshouse.com

Metabolon’s Untargeted Metabolomics Services Used for Landmark Study Linking a Western Dietary Pattern During Pregnancy to Neurodevelopment Disorders

Metabolomic profiling uncovered how maternal diet and metabolism may contribute to the risk of ADHD and autism in children

MORRISVILLE, N.C., May 28, 2025 /PRNewswire/ — Metabolon, Inc., the global leader in providing metabolomics solutions advancing a wide variety of life science research, diagnostic, therapeutic development, and precision medicine applications, today announced that Metabolon’s untargeted metabolomics services were used in a landmark study led by principal investigators Rassmussen, Stokholm, Lasky-Su, and Kelly. The study, published in Nature Metabolism, revealed that blood metabolomic profiling was instrumental in uncovering biological mechanisms linking maternal diet and metabolism to neurodevelopmental disorders and in validating these associations through a consistent metabolic signature observed across multiple independent cohorts.

Globally, attention-deficit/hyperactivity disorder (ADHD) affects approximately 5–7% of children and adolescents and 2–5% of adults, with variations in prevalence influenced by regional differences in diagnostic practices. Autism spectrum disorder (ASD) has an estimated global prevalence of about 1–2% (around 1 in 100 children), although some recent studies suggest rates up to 2.3%. Boys are diagnosed with autism roughly four times more frequently than girls.

Horner et al. conducted a large-scale analysis involving over 60,000 mother-child pairs, with untargeted blood metabolomic profiling performed on a subset of approximately 1,500 pairs, featuring longitudinal maternal and child sampling, to identify metabolic dietary signatures associated with neurodevelopmental risk. Metabolon’s Global Discovery Panel, an untargeted metabolomics platform, was used to generate high-resolution metabolic profiles from maternal plasma during pregnancy and from children at multiple developmental stages. Subanalyses of the child metabolomic data showed that the most pronounced associations with neurodevelopmental outcomes were linked specifically to maternal diet during pregnancy, highlighting the prenatal period as a particularly sensitive window of exposure.

The study revealed that consuming a Western diet during pregnancy significantly increased the risk of autism and ADHD in infants and children. Dietary survey data from COPSAC2010, a mother-child cohort based in Denmark, initially showed that moderate dietary shifts toward a Western dietary pattern were associated with increased ADHD risk by 66% and autism by 122%. Encouragingly, even modest improvements away from Western eating habits could meaningfully lower these risks, highlighting practical implications for prenatal nutrition. This Western dietary pattern was externally validated in the U.S.-based VDAART cohort using blood metabolomic modeling aligned with independently assessed food frequency questionnaires. Moreover, the association between this dietary pattern and ADHD risk was replicated across three independent mother-child cohorts, strengthening the inference for ADHD. Metabolomic profiling identified 15 circulating metabolites that significantly mediated the relationship between diet and neurodevelopment, offering insights into potential biological mechanisms.

“This study analyzed maternal dietary patterns during pregnancy and evaluated children’s mental health at age 10. Using dietary surveys and blood metabolomics, we discovered that a Western dietary pattern in pregnancy was strongly associated with increased risk of ADHD and autism. By comparing metabolomic profiles from mid-pregnancy in the COPSAC cohort with early and late pregnancy samples from the VDAART cohort, we were able to infer that early to mid-pregnancy may represent a particularly sensitive window during which maternal diet can shape child neurodevelopment,” said lead author of the study and lead COPSAC researcher Morten Arendt Rassmussen.

Co-author and Principal Investigator of the VDAART cohort Jessica Lasky-Su added, “One of the most compelling aspects of this study is that metabolomic profiling was able to identify consistent dietary signals linked to neurodevelopmental risk across cohorts that differ significantly in socioeconomic status, race, and geographic setting. These insights pave the way for targeted nutritional interventions during pregnancy that could potentially reduce the risk of neurodevelopmental disorders in children across a broad range of populations. The breadth of metabolites captured on the Metabolon platform was instrumental in enabling us to draw these conclusions.”

“We’re extremely pleased to support the international efforts of the COPSAC and VDAART investigative teams led by Morten Arendt Rassmussen, Jakob Stokholm, Jessica Lasky-Su, and Rachel Kelly,” said Greg Michelotti, Director of Population Health at Metabolon. “This study shows the power of metabolomics and specifically Metabolon’s industry-leading untargeted metabolomics services to elucidate novel insights for caregivers and parents worldwide seeking the healthiest possible outcomes for children.”

Learn more about this groundbreaking scientific research here.
Learn more about Metabolon’s untargeted metabolomics services here.

About Metabolon 
Metabolon, Inc. is the global leader in metabolomics, with a mission to deliver biochemical data and insights that expand and accelerate the impact of life sciences research and complement other ‘omics’ technologies. With more than 20 years, 10,000+ projects, 3,500+ publications, and ISO 9001:2015, CLIA, and CAP certifications, Metabolon has developed industry-leading scientific, technology, and bioinformatics techniques. Metabolon’s Global Discovery Panel is powered by the world’s largest proprietary metabolomics reference library. Metabolon’s industry-leading data and translational science expertise help customers and partners address some of the most challenging and pressing questions in the life sciences, accelerating research and enhancing development success. The company offers scalable, customizable multiomics solutions, including metabolomics and lipidomics, that support customer needs from discovery through clinical trials and product life-cycle management. For more information, please visit www.metabolon.com and follow us on LinkedIn and Twitter.

About Metabolomics
Metabolomics, the large-scale study of all small molecules in a biological system, is the only omics technology that provides a complete current-state functional readout of a biological system. Metabolomics helps researchers see beyond the genetic variation of individuals, capturing the combined impact of genetic and external factors such as the effect of drugs, diet, lifestyle, and the microbiome on human health. By measuring thousands of discrete chemical signals that form biological pathways in the body, metabolomics can reveal important biomarkers, enabling a better understanding of a drug’s mechanism of action, pharmacodynamics, and safety profile, as well as individual responses to therapy.

 

Junee Limited to Rebrand as SuperX AI Technology Limited, Positioning itself as a One-Stop AI Infrastructure Solutions Provider

SINGAPORE, May 28, 2025 /PRNewswire/ — NASDAQ-listed company Junee Limited (NASDAQ: JUNE) (the “Company”) announced today that its Board of Directors has approved proposals to change the Company’s name to SuperX AI Technology Limited (“SuperX”) and shift its principal business focus towards becoming a one-stop AI infrastructure solutions provider. The Company expects the name change to take effect on June 2, 2025. The shift in the Company’s principal business will take effect on June 2, 2025. In conjunction with the change of the Company’s name, the Company expects to begin trading under the new ticker symbol “SUPX” on June 2, 2025.The rebranding reflects the Company’s strategic transformation towards becoming a one-stop AI infrastructure solutions provider. The new corporate website is now live at www.superx.sg

 SuperX aims to deliver end-to-end infrastructure for the AI era – spanning compute, model hosting, data pipelines, and system-level orchestration. By offering unified and scalable solutions, SuperX seeks to empower enterprises and developers with the tools necessary to build, deploy, and operate AI applications at scale.

 “SuperX is more than a name change – it is a statement of our long-term vision,” said Yu Chun Kit, executive director of the Company. “We believe AI infrastructure is the foundation of future productivity, and we are committed to accelerating that future through integrated and reliable solutions.”

 The name change and ticker symbol update are subject to regulatory approval and will take effect following the completion of the necessary filings. Details will be communicated via official channels in due course.

 About Junee Limited:

 Junee Limited (NASDAQ: JUNE) is a company that specializes in providing high-quality residential and commercial interior design solutions. Through its subsidiaries, including MindEnergy AI Technology Pte. Ltd., and ASPAC AI Computing Pty Ltd, Junee aims to become a leading technology company dedicated to developing and delivering next-generation digital infrastructure solutions. It is committed to integrating smart technology into every aspect of its offerings, setting new standards for innovation and excellence in the industry.

 This press release contains forward-looking statements that involve risks and uncertainties. Actual results may differ materially from those indicated by such forward-looking statements due to various factors. Investors are advised to refer to the documents filed by Junee Limited with the Securities and Exchange Commission, including the most recent Form 20-F, for a discussion of these risks and uncertainties.

NYSE Content Advisory: Pre-Market update + CEO survey reveals growth as top priority

NEW YORK, May 28, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

Kristen Scholer delivers the pre-market update on May 28th

  • The NYSE teamed up with Oliver Wyman for a second straight year to survey top executives. It found that leaders are increasingly focused on growth. Of the 165 NYSE-listed company CEOs that participated, 68% cited a growth driver as priority.
  • Stocks are little changed Wednesday morning as traders await earnings from Nvidia after the closing bell. Markets are anticipating what China restrictions mean for the AI chipmaker. Nvidia hasn’t seen any slow in demand for its graphic processors.
  • Macy’s (NYSE: M), Dick’s Sporting Goods (NYSE: DKS), and Abercrombie & Fitch (NYSE: ANF) released earnings results. Most exceeded expectations during Q1, but traders are tuned into their outlook amid tariffs.

Click here to read the NYSE-Oliver Wyman Survey

Opening Bell
The New York Stock Exchange welcomes LTC Properties (NYSE: LTC) to ring the opening bell.

Closing Bell
Measured Risk Portfolios celebrates SNTH (NYSE Arca: SNTH)

Click here to download the NYSE TV App

 

Johnson Electric reports results for the year ended 31 March 2025

Highlights of FY24/25 Results

  • Group sales US$3,648 million – down 4% compared to the prior year
  • Gross profit US$843 million or 23.1% of sales (compared to US$851 million or 22.3% of sales in the prior year)
  • Adjusted EBITA US$344 million or 9.4% of sales (compared to US$343 million or 9.0% of sales in the prior year)
  • Net profit attributable to shareholders totalled US$263 million – an increase of 15% compared to the prior year
  • Underlying net profit, adjusted to exclude non-cash foreign exchange rate movements and restructuring charges, totalled US$274 million – an increase of 9%
  • Free cash flow from operations totalled US$286 million compared to US$422 million in the prior year
  • A recommended final dividend of 44 HK cents per share (5.64 US cents)
  • As of 31 March 2025, cash reserves amounted to US$791 million and the ratio of total debt to capital was 12%

HONG KONG SAR – Media OutReach Newswire – 28 May 2025 – Johnson Electric Holdings Limited (“Johnson Electric”), a global leader in electric motors and motion subsystems, today announced its results for the twelve months ended 31 March 2025.

Group sales for the 2024/25 financial year were US$3,648 million, a decrease of 4% compared to the prior year. Net profit attributable to shareholders increased by 15% to US$263 million or 28.16 US cents per share on a fully diluted basis. Underlying net profit, adjusted to exclude non-cash foreign exchange rate movements and restructuring charges, increased by 9% to US$274 million.

Sales Performance

The Automotive Products Group (“APG”), Johnson Electric’s largest operating division, achieved sales of US$3,072 million. Excluding currency effects, APG’s sales decreased by 3%. Automotive production volumes in several major markets were below prior year levels due to the combination of subdued economic conditions, elevated new vehicle prices, high financing costs, and uneven consumer confidence. Supply-demand dynamics were further impacted by a temporary slowdown in the transition to electrification in some markets as governments rethink policy support, OEMs adjust the propulsion mix of their model line-ups, and consumers react to the comparatively high price of battery-electric vehicles.

APG experienced lower sales in each of the three major geographic end markets, with differences in large part reflecting the variations in our share of content within particular OEM vehicle models and whether or not those models are proving popular with consumers. In Asia, for example, APG sales decreased by 1% on a constant currency basis compared to a 2% increase in the region’s total light vehicle production volume. This was primarily due to the weaker sales performance of non-domestic car brands in China, among which APG has historically maintained an above average market share. In Europe, APG’s sales declined by 4% on a constant currency basis compared to a 6% decline in regional vehicle production. And in the Americas, sales declined by 6% in comparison to a 2% decline in vehicle production volume. In both of these regions, a key factor driving APG’s sales performance was end-market share changes between OEMs, which has become less predictable as the industry wrestles with several transformational forces including electric vehicle adoption rates, the growing success of Chinese OEMs as exporters, and moves by governments to impose protectionist tariffs on imports.

APG’s strategy to address these shifting automotive industry dynamics is two-fold. Firstly, it is to continue to bring to market innovative technologies that help enable electrification, reduce emissions, and enhance passenger safety and comfort. Secondly, APG aims to offer its customers a compelling total cost and value proposition that combines speed, scale and reliability of production with a responsive global operating footprint. This strategy is gaining traction. One indication of the strength of this model is APG’s increasing success in winning new business from the largest Chinese OEM vehicle manufacturers which are expected to contribute a significant and growing share of the division’s sales within the next five years.

The Industry Products Group (“IPG”) – contributing 16% of total Group sales – continued to experience challenging trading conditions. The division’s sales were US$575 million which, excluding the effects of currency movements, represented a decline of 5% compared to the prior year. Global demand for many consumer and industrial products remains sluggish in the post-pandemic era and this has been compounded by an acceleration of the commoditization of numerous hardware goods. In response, management has taken decisive action to reduce overheads and refocus the division around a products group that emphasises standardization and cost leadership. In parallel, IPG is investing in designing differentiated and innovative motion system solutions in a select number of high growth application segments, including robotics, warehouse automation, medical devices, electric bikes, and high-precision manufacturing and measurement equipment. This dual-track approach is positioning IPG for improved competitiveness and long-term growth.

Gross Margins and Operating Profitability

The Group’s gross profit amounted to US$843 million – a decrease of 1% compared to the prior year. As a percentage of sales, however, gross profit increased from 22.3% to 23.1%. The improvement of gross margin was primarily the result of lower raw material costs, direct labour, and production overhead charges that combined to more than offset the effects of reduced sales volumes.

Reported earnings before interest, tax and amortization (“EBITA”) amounted to US$331 million (compared to US$315 million in the prior year). EBITA adjusted to exclude non-cash foreign exchange rate movements and restructuring charges, amounted to US$344 million or 9.4% of sales (compared to 9.0% in the prior year). The Group’s adjusted EBITA result was boosted by US$15 million in net gains from Other Income & Expenses. This was primarily due to a mark-to-market gain on an investment in an autonomous driving technology company, government grants, as well as net changes in the valuation of other financial and monetary assets and liabilities, and other foreign currency hedging contracts.

Net Profit and Financial Condition

Net profit attributable to shareholders increased by 15% to US$263 million or 28.16 US cents per share on a fully diluted basis. Underlying net profit, adjusted to exclude non-cash foreign exchange rate movements and restructuring charges, amounted to US$274 million compared to US$252 million in the prior year.

The Group’s overall financial condition remains robust with a total debt to capital ratio of 12%, an interest coverage ratio of 10 times, and year-end cash reserves of US$791 million.

Dividends

In view of the high level of uncertainty concerning the outlook for global trade at the present time, the Board considers it prudent to recommend maintaining the final dividend of 44 HK cents (5.64 US cents) per share, which together with the interim dividend of 17 HK cents per share, represents a total dividend of 61 HK cents (7.82 US cents) per share.

Chairman’s Comments on the Annual Results and Outlook

Commenting on the annual results for the financial year 2024/25, Dr. Patrick Wang, Chairman and Chief Executive, said, “In the financial year 2024/25, Johnson Electric experienced increasing headwinds in its major end markets that reflected the impact of a reduction in automobile production volumes, intense price competition in several consumer and industrial product applications, and weakening consumer confidence in the face of rising uncertainty about the outlook for the global economy, and cross-border trade in particular. Despite these challenging market conditions, the Group’s financial results demonstrated the resilience of our business model”.

Dr. Patrick Wang further commented: “Although we do not expect a worst-case outcome involving the high and broad-based tariffs remaining in place for the longer-term, we have been building scenarios into our planning and operating model for many years – with the effect that being nimble and adaptable is central to Johnson Electric’s way of doing business. Management is working proactively to mitigate the near-term impact of tariffs through pricing adjustments, as well as evaluating our longer-term options to relocate parts of production to different locations within, or beyond, our existing manufacturing footprint. The practical and economic attractiveness of those options will ultimately depend on what types of trade agreements may emerge from the ongoing trade dispute and negotiations”.

“Although the sudden imposition of import tariffs impacting multiple national borders is placing an additional burden on our people in terms of time and complexity, we are not allowing it to deflect our attention from executing the core elements of our strategy. Those elements include: i) driving sales growth by offering customers compelling total cost solutions to their most pressing motion-related problems; ii) accelerating our speed to market through rapid sampling, increased standardization of products and production lines, and building and maintaining appropriate levels of stock to provide the assurance and flexibility of supply that our customers demand; iii) building and consolidating production around large scale, lower cost regional manufacturing hubs that feature high levels of vertical integration and automation; and iv) leveraging advanced digital technologies, including AI, to reduce cost and improve efficiency and responsiveness”.

Concerning the near-term financial outlook, Dr. Patrick Wang said: “Group sales levels in the first weeks of the 25/26 financial year have been a mid-single digit percentage lower compared to a year ago. However, given the lack of clarity over exactly what tariffs may be in effect for the remainder of the year and how these may impact the varied and often complex profiles of our subsystem manufacturing and logistics supply chain, it is not meaningful to offer a full-year sales projection”.

“It is not simply a question of which of our products could be subject to elevated import tariffs (these presently amount to a mid-single digit percentage of total Group sales based on the US import tariffs in effect, or temporarily suspended). It is also the extent to which the confrontation over international trade undermines the prospects for global economic growth”.

“Nonetheless, I do feel that it is worthwhile observing that Johnson Electric has a sixty-six-year track record of navigating its way through periods of enormous macro-economic stress and volatility. While past performance is, of course, no guarantee of future success, I remain highly confident that this Company is as well positioned as any in our industry to find a profitable and sustainable path going forward”.

Forward Looking Statements
This news release contains certain forward looking statements with respect to the financial condition, results of operations and business of Johnson Electric and certain plans and objectives of the management of Johnson Electric.

Words such as “outlook”, “expects”, “anticipates”, “intends”, “plans”, “believe”, “estimates”, “projects”, variations of such words and similar expressions are intended to identify such forward looking statements. Such forward looking statements involve known and unknown risk, uncertainties and other factors which may cause the actual results or performance of Johnson Electric to be materially different from any future results or performance expressed or implied by such forward looking statements. Such forward looking statements are based on numerous assumptions regarding Johnson Electric’s present and future business strategies and the political and economic environment in which Johnson Electric will operate in the future.
Hashtag: #JohnsonElectric

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

About Johnson Electric Group

The Johnson Electric Group is a global leader in electric motors, actuators, motion subsystems and related electro-mechanical components. It serves a broad range of industries including Automotive, Smart Metering, Medical Devices, Business Equipment, Home Automation, Ventilation, White Goods, Power Tools, and Lawn & Garden Equipment. The Group is headquartered in Hong Kong and employs over 30,000 individuals across more than 20 countries worldwide. Johnson Electric Holdings Limited is listed on The Stock Exchange of Hong Kong Limited (Stock Code: 179). For further information, please visit: .

Kingsoft Cloud Announces Unaudited First Quarter 2025 Financial Results

BEIJING, May 28, 2025 /PRNewswire/ — Kingsoft Cloud Holdings Limited (“Kingsoft Cloud” or the “Company”) (NASDAQ: KC and HKEX: 3896), a leading cloud service provider in China, today announced its unaudited financial results for the first quarter ended March 31,2025.

Mr. Tao Zou, Chief Executive Officer of Kingsoft Cloud, commented, “Despite uncertainties in global supply chain, we believe the importance for cloud services as infrastructure in the AI-era is gaining greater traction. This quarter, our gross billing of AI business increased by 228% year- over-year to RMB525 million, accounting for 39% of our public cloud services. We are confident and fully committed into our AI related investment and high-quality and sustainable business development.”

Mr. Henry He, Chief Financial Officer of Kingsoft Cloud, added, “Our revenue increased by 10.9% year-over-year, achieving RMB1,970.0 million for the first quarter; however sequentially we experienced seasonal decrease. Our adjusted gross profit was RMB327.7 million, increased by 9.6% year-over-year and decreased by 23.4% quarter-over-quarter. Adjusted gross margin was 16.6% in this quarter, compared with 16.8% in the first quarter 2024 and 19.2% in the fourth quarter last year.  Our adjusted operating loss was RMB55.8 million, narrowed by 56% from RMB127.0 million in the same period last year. Our adjusted EBITDA profit achieved RMB318.5 million, representing an adjusted EBITDA margin of 16.2%”

First Quarter 2025 Financial Results

Total Revenues reached RMB1,970.0 million (US$271.5[1] million), increased by 10.9% year-over-year from RMB1,775.7 million in the same quarter of 2024 and decreased by 11.7% quarter-over-quarter from RMB2,232.1million in the fourth quarter of 2024. The year-over-year increase was mainly due to the expanded revenue from Xiaomi and Kingsoft Ecosystem and  AI related customers and our further penetration into enterprise cloud customers. The quarter-over-quarter decrease was mainly due to the seasonality impact for enterprise cloud.

Revenues from public cloud services were RMB1,353.5 million (US$186.5 million), increased by 14.0% from RMB1,187.4 million in the same quarter of  2024 and decreased by 4.0% from RMB1,409.8 million last quarter. The year-over-year increase was mainly due to the growth of AI demands.

Revenues from enterprise cloud services were RMB616.5 million (US$85.0 million), representing an increase of 4.8% from RMB588.2 million in the same quarter of 2024 and a decrease of 25.0% from RMB822.3 million last quarter. The sequential decrease was mainly due to the Chinese New Year impact and differentiated delivery schedules for various projects.

Other revenues were nil this quarter.

Cost of revenues was RMB1,651.7 million (US$227.6 million), representing an increase of 11.4% from RMB1,482.4 million in the same quarter of 2024, which was mainly due to our investment into AI computing resources. IDC costs decreased by 6.0% year-over-year from RMB768.5 million to RMB722.8 million (US$99.6 million) this quarter. The decrease was mainly due to our strict control over procurement costs. Depreciation and amortization costs increased from RMB183.5 million in the same quarter of 2024 to RMB378.5 million (US$52.2 million) this quarter. The increase was mainly due to the depreciation of newly acquired servers which were allocated to AI business. Solution development and services costs increased by 13.3% year-over-year from RMB446.0 million in the same quarter of 2024 to RMB505.2 million (US$69.6 million) this quarter. The increase was mainly due to the solution personnel expansion of Camelot. Fulfillment costs and other costs were RMB3.1 million (US$0.4 million) and RMB42.1 million (US$5.8 million) this quarter.

Gross profit was RMB318.3 million (US$43.9 million), representing an increase of 8.5% from RMB293.3 million in the same quarter of 2024, demonstrating our improvements in revenue quality and structure. Gross margin was 16.2%, remaining stable compared with 16.5% in the same period in 2024. Non-GAAP gross profit[2] was RMB327.7 million (US$45.2 million), compared with RMB299.1 million in the same period in 2024. Non-GAAP gross margin[2] was 16.6%, compared with 16.8% in the same period in 2024. The improvement of our gross profit was mainly due to the decrease of procurement costs. The sequential decrease of gross margin was mainly due to the growing investment into AI and the delay of high-margin profile enterprise cloud projects in first quarter.

Total operating expenses were RMB552.5 million (US$76.1 million), decreased by 2.6% from RMB567.4 million in the same quarter last year and increased by 17.7% from RMB469.5 million last quarter. Among which:

Selling and marketing expenses were RMB144.3 million (US$19.9 million), increased by 23.6% from RMB116.8 million in the same period in 2024 and increased by 24.7% from RMB115.8 million last quarter. The increase was due to the increase of one-time-off bonus of share based compensation.

General and administrative expenses were RMB182.0million (US$25.1million), decreased by 16.8% from RMB218.7 million in the same period in 2024 and slightly increased by 1.4% from RMB179.5 million last quarter. The year-over-year decrease was mainly due to the decrease of credit loss expense, which was partially offset by the increase of share based compensation.

Research and development expenses were RMB226.2 million (US$31.2 million), decreased by 2.5% from RMB232.0 million in the same period in 2024 and increased by 29.9% from RMB174.2 million last quarter. The increase was mainly due to our continuous investment into research and development personnel to enhance our technology competitiveness and increase of share based compensation.

Operating loss was RMB234.2 million (US$32.3 million), compared with operating loss of RMB274.2 million in the same quarter of 2024 and RMB43.5 million last quarter. The year-over-year improvement was mainly due to the increase of gross profit and our strict expenses control, while the sequential increase was mainly due to the impact of gross profit and increase of shared based compensation. Non-GAAP operating loss[3] was RMB55.8 million (US$7.7 million), compared with operating loss of RMB127.0 million in the same quarter last year and operating profit of RMB24.4 million last quarter.

Net loss was RMB316.1 million (US$43.6 million), compared with net loss of RMB363.6 million in the same quarter of 2024 and RMB200.6 million last quarter. Non-GAAP net loss[4] was RMB190.6 million (US$26.3 million), compared with RMB217.3 million in the same quarter of 2024 and RMB70.3 million last quarter. The year-over-year improvement was mainly due to the revenue quality increase, revenue mix adjustment, strict costs control and expenses control. The quarter-over-quarter decrease was mainly due to the seasonality impact.

Non-GAAP EBITDA[5] was RMB318.5 million (US$43.9 million), compared with RMB33.2 million in the same quarter of 2024 and RMB359.7 million last quarter. Non-GAAP EBITDA margin was 16.2%, compared with 1.9% in the same quarter of 2024 and 16.1% in the previous quarter. The increase was mainly due to the expansion of AI businesses with higher margin.

Basic and diluted net loss per share was RMB0.08 (US$0.01), compared with RMB0.10 in the same quarter of 2024 and RMB0.05 last quarter.

Cash and cash equivalents were RMB2,322.7 million (US$320.1 million) as of March 31, 2025, compared with RMB2,648.8 million as of December 31, 2024. The decrease was mainly due to the investment into operation and the investment into the procurement of computing power equipment.

Outstanding ordinary shares were 3,703,014,637 as of March 31, 2025, equivalent to about 246,867,642 ADSs.

[1] This announcement contains translations of certain Renminbi (RMB) amounts into U.S. dollars (US$) at a specified rate solely for the convenience of the reader. Unless otherwise noted, the translation of RMB into US$  has been made at RMB7.2567 to US$1.00, the noon buying rate in effect on March 31, 2025 as certified for customs purposes by the Federal Reserve Bank of New York.

[2] Non-GAAP gross profit is defined as gross profit excluding share-based compensation allocated in the cost of revenues and we define Non-GAAP gross margin as Non-GAAP gross profit as a percentage of revenues. See “Use of Non-GAAP Financial Measures” set forth at the end of this press release.

[3] Non-GAAP operating (loss) profit is defined as operating loss excluding share-based compensation and amortization of intangible assets and we define Non-GAAP operating (loss) profit margin as Non-GAAP operating (loss) profit as a percentage of revenues. See “Use of Non-GAAP Financial Measures” set forth at the end of this press release.

[4] Non-GAAP net loss is defined as net loss excluding share-based compensation and foreign exchange loss (gain), and we define Non-GAAP net loss margin as adjusted net loss as a percentage of revenues. See “Use of Non-GAAP Financial Measures” set forth at the end of this press release.

[5] Non-GAAP EBITDA is defined as Non-GAAP net loss excluding interest income, interest expense, income tax (benefit) expense and depreciation and amortization, and we define Non-GAAP EBITDA margin as Non-GAAP EBITDA as a percentage of revenues. See “Use of Non-GAAP Financial Measures” set forth at the end of this press release.

Conference Call Information

Kingsoft Cloud’s management will host an earnings conference call on Wednesday, May 28, 2025 at 8:15 am, U.S. Eastern Time (8:15 pm, Beijing/Hong Kong Time on the same day).

Participants can register for the conference call by navigating to https://register-conf.media-server.com/register/BI5f4e481f10a54bdc8e351f2645183b41. Once preregistration has been completed, participants will receive dial-in numbers, direct event passcode, and a unique access PIN.

To join the conference, simply dial the number in the calendar invite you receive after preregistering, enter the passcode followed by your PIN, and you will join the conference instantly.

Additionally, a live and archived webcast of the conference call will also be available on the Company’s investor relations website at http://ir.ksyun.com.

Use of Non-GAAP Financial Measures

The unaudited condensed consolidated financial information is prepared in conformity with accounting principles generally accepted in the United States of America (“U.S. GAAP”). In evaluating our business, we consider and use certain non-GAAP measures, Non-GAAP gross profit, Non-GAAP gross margin, Non-GAAP operating (loss) profit, Non-GAAP operating (loss) profit margin, Non-GAAP EBITDA, Non-GAAP EBITDA margin, Non-GAAP net loss and Non-GAAP net loss margin, as supplemental measures to review and assess our operating performance. The presentation of these non-GAAP financial measures is not intended to be considered in isolation or  as a substitute for the financial information prepared and presented in accordance with U.S. GAAP.  We define Non-GAAP gross profit as gross profit excluding share-based compensation allocated in the cost of revenues, and we define Non-GAAP gross margin as Non-GAAP gross profit as a  percentage of revenues. We define Non-GAAP operating (loss) profit as operating loss excluding share-based compensation and amortization of intangible assets and we define Non-GAAP operating  (loss) profit margin as Non-GAAP operating (loss) profit as a percentage of revenues. We define Non-GAAP net loss as net loss excluding share-based compensation and foreign exchange loss (gain), and we define Non-GAAP net loss margin as Non-GAAP net loss as a percentage of revenues. We define Non-GAAP EBITDA as Non-GAAP net loss excluding interest income, interest expense, income tax (benefit) expense and depreciation and amortization, and we define Non-GAAP EBITDA margin as Non-GAAP EBITDA as a percentage of revenues. We present these non-GAAP financial measures because they are used by our management to evaluate our operating performance and formulate business plans. We also believe that the use of these non-GAAP measures facilitates investors ‘ assessment of our operating performance.

These non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. These non-GAAP financial measures have limitations as analytical tools. One of the key limitations of using these non-GAAP financial measures is that they do not reflect all items of income and expense that affect our operations. Further, these non-GAAP measures may differ from the non-GAAP information used by other companies, including peer companies, and therefore their comparability may be limited.

We compensate for these limitations by reconciling these non-GAAP financial measures to the nearest U.S. GAAP performance measure, all of which should be considered when evaluating our performance. We encourage you to review our financial information in its entirety and not rely on a single financial measure.

Exchange Rate Information

This press release contains translations of certain RMB amounts into U.S. dollars at specified rates solely for the convenience of readers. Unless otherwise noted, all translations from RMB to U.S. dollars, in this press release, were made at a rate of RMB7.2567 to US$1.00, the noon buying rate in effect on March 31, 2025 as certified for customs purposes by the Federal Reserve Bank of New York.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the ” safe harbor” provisions of the U.S. 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. Among other things, the Business Outlook, and quotations from management in this announcement, as well as Kingsoft Cloud’s strategic and operational plans, contain forward-looking statements. Kingsoft Cloud may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (“SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Kingsoft Cloud’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Kingsoft Cloud’s goals and strategies; Kingsoft Cloud’s future business development, results of operations and financial condition; relevant government policies and regulations relating to Kingsoft Cloud ‘s business and industry; the expected growth of the cloud service market in China; the expectation regarding the rate at which to gain customers, especially Premium Customers; Kingsoft Cloud’s ability to monetize the customer base; fluctuations in general economic and business conditions in China; and the economy in China and elsewhere generally; China’s political or social conditions and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Kingsoft Cloud’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Kingsoft Cloud does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

About Kingsoft Cloud Holdings Limited

Kingsoft Cloud Holdings Limited (NASDAQ: KC and HKEX:3896) is a leading  cloud service provider in China. With extensive cloud infrastructure, cutting-edge cloud-native products based on vigorous cloud technology  research and development capabilities, well-architected industry-specific  solutions and end-to-end fulfillment and deployment, Kingsoft Cloud offers comprehensive, reliable and trusted cloud service to customers in strategically selected verticals.

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

For investor and media inquiries, please contact:

Kingsoft Cloud Holdings Limited
Nicole Shan
Tel: +86 (10) 6292-7777 Ext. 6300
Email: ksc-ir@kingsoft.com 

 

KINGSOFT CLOUD HOLDINGS LIMITED

UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS

(All amounts in thousands)

Dec 31,
2024

Mar 31,
2025

Mar 31,
2025

RMB

RMB

US$

ASSETS

Current assets:

Cash and cash equivalents

2,648,764

2,322,674

320,073

Restricted cash

81,337

63,670

8,774

Accounts receivable, net

1,468,663

1,807,011

249,013

Short-term investments

90,422

60,245

8,302

Prepayments and other assets

2,233,074

2,254,813

310,722

Amounts due from related parties

318,526

629,876

86,799

Total current assets

6,840,786

7,138,289

983,683

Non-current assets:

Property and equipment, net

4,630,052

6,514,205

897,681

Intangible assets, net

694,880

660,926

91,078

Goodwill

4,605,724

4,605,724

634,686

Prepayments and other assets

449,983

444,555

61,261

Equity investments

234,182

232,790

32,079

Operating lease right-of-use assets

137,047

124,585

17,168

Total non-current assets

10,751,868

12,582,785

1,733,953

Total assets

17,592,654

19,721,074

2,717,636

LIABILITIES, NON-CONTROLLING
INTERESTS AND SHAREHOLDERS’ EQUITY

Current liabilities:

Accounts payable

1,877,004

2,040,574

281,199

Accrued expenses and other current liabilities

3,341,990

3,616,908

498,423

Short-term borrowings

2,225,765

2,550,970

351,533

Income tax payable

69,219

75,532

10,409

Amounts due to related parties

1,584,199

1,471,400

202,764

Current operating lease liabilities

61,258

42,459

5,851

Total current liabilities

9,159,435

9,797,843

1,350,179

Non-current liabilities:

Long-term borrowings

1,660,584

1,997,371

275,245

Amounts due to related parties 

309,612

494,982

68,210

Deferred tax liabilities

101,677

89,725

12,364

Other liabilities

790,271

1,932,576

266,316

Non-current operating lease liabilities 

65,755

63,932

8,810

Total non-current liabilities

2,927,899

4,578,586

630,945

Total liabilities

12,087,334

14,376,429

1,981,124

Shareholders’ equity:

Ordinary shares

25,689

25,689

3,540

Treasury stock

(105,478)

(88,114)

(12,142)

Additional paid-in capital

18,940,885

19,071,212

2,628,083

Statutory reserves funds

32,001

32,001

4,410

Accumulated deficit

(14,291,957)

(14,605,883)

(2,012,744)

Accumulated other comprehensive income

566,900

574,660

79,190

Total Kingsoft Cloud Holdings Limited
shareholders’ equity

5,168,040

5,009,565

690,337

Non-controlling interests

337,280

335,080

46,175

Total equity

5,505,320

5,344,645

736,512

Total liabilities, non-controlling interests
and shareholders’ equity

17,592,654

19,721,074

2,717,636

 

 

KINGSOFT CLOUD HOLDINGS LIMITED

UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF COMPREHENSIVE LOSS

(All amounts in thousands, except for share and per share data)

Three Months Ended

Mar 31,
2024

Dec 31,
2024

Mar 31,
2025

Mar 31,
2025

RMB

RMB

RMB

US$

Revenues:

Public cloud services

1,187,370

1,409,804

1,353,479

186,514

Enterprise cloud services

588,162

822,338

616,498

84,956

Others

152

Total revenues

1,775,684

2,232,142

1,969,977

271,470

Cost of revenues

(1,482,431)

(1,806,170)

(1,651,671)

(227,606)

Gross profit  

293,253

425,972

318,306

43,864

Operating expenses:

Selling and marketing expenses

(116,752)

(115,792)

(144,338)

(19,890)

General and administrative expenses

(218,695)

(179,536)

(181,999)

(25,080)

Research and development expenses

(231,963)

(174,155)

(226,170)

(31,167)

Total operating expenses

(567,410)

(469,483)

(552,507)

(76,137)

Operating loss

(274,157)

(43,511)

(234,201)

(32,273)

Interest income

8,370

4,176

4,946

682

Interest expense

(51,066)

(61,821)

(82,897)

(11,424)

Foreign exchange (loss) gain 

(42,737)

(105,572)

9,051

1,247

Other (loss) gain, net

(8,207)

(2,956)

3,244

447

Other (expense) income, net

(11,190)

5,336

(7,012)

(966)

Loss before income taxes

(378,987)

(204,348)

(306,869)

(42,287)

Income tax benefit (expense) 

15,371

3,706

(9,241)

(1,273)

Net loss

(363,616)

(200,642)

(316,110)

(43,560)

Less: net loss attributable to non-
controlling interests

(4,206)

(3,683)

(2,184)

(301)

Net loss attributable to Kingsoft
Cloud Holdings Limited

(359,410)

(196,959)

(313,926)

(43,259)

Net loss per share:

Basic and diluted

(0.10)

(0.05)

(0.08)

(0.01)

Shares used in the net loss per
share computation:

Basic and diluted

3,614,662,846

3,710,632,202

3,728,092,123

3,728,092,123

Other comprehensive income, net
of tax of nil:

Foreign currency translation
adjustments

20,704

103,658

7,744

1,067

Comprehensive loss

(342,912)

(96,984)

(308,366)

(42,493)

Less: Comprehensive loss
attributable to non-controlling
interests

(4,247)

(3,667)

(2,200)

(303)

Comprehensive loss attributable
to Kingsoft Cloud Holdings
Limited shareholders

(338,665)

(93,317)

(306,166)

(42,190)

 

 

KINGSOFT CLOUD HOLDINGS LIMITED

RECONCILIATION OF GAAP AND NON-GAAP RESULTS

(All amounts in thousands, except for percentage)

Three Months Ended

Mar 31,
2024

Dec 31,
2024

Mar 31,
2025

Mar 31,
2025

RMB

RMB

RMB

US$

Gross profit

293,253

425,972

318,306

43,864

Adjustments:

– Share-based compensation expenses (allocated in cost of
revenues)

5,814

1,726

9,365

1,291

Adjusted gross profit (Non-GAAP Financial Measure)

299,067

427,698

327,671

45,155

 

 

KINGSOFT CLOUD HOLDINGS LIMITED

RECONCILIATION OF GAAP AND NON-GAAP RESULTS

(All amounts in thousands, except for percentage)

Three Months Ended

Mar 31,
2024

Dec 31,
2024

Mar 31,
2025

Gross margin

16.5 %

19.1 %

16.2 %

Adjusted gross margin (Non-GAAP Financial Measure)

16.8 %

19.2 %

16.6 %

 

 

KINGSOFT CLOUD HOLDINGS LIMITED

RECONCILIATION OF GAAP AND NON-GAAP RESULTS

(All amounts in thousands, except for percentage)

Three Months Ended

Mar 31,
2024

Dec 31,
2024

Mar 31,
2025

Mar 31,
2025

RMB

RMB

RMB

US$

Net Loss

(363,616)

(200,642)

(316,110)

(43,560)

Adjustments:

– Share-based compensation expenses

103,595

24,774

134,611

18,550

– Foreign exchange loss (gain) 

42,737

105,572

(9,051)

(1,247)

Adjusted net loss (Non-GAAP Financial Measure)

(217,284)

(70,296)

(190,550)

(26,257)

Adjustments:

– Interest income

(8,370)

(4,176)

(4,946)

(682)

– Interest expense

51,066

61,821

82,897

11,424

– Income tax (benefit) expense

(15,371)

(3,706)

9,241

1,273

– Depreciation and amortization

223,146

376,100

421,901

58,140

Adjusted EBITDA (Non-GAAP Financial Measure)

33,187

359,743

318,543

43,898

– Gain on disposal of property and equipment

(23,821)

(10,137)

(2,110)

(291)

Excluding gain on disposal of property and equipment,
normalized Adjusted EBITDA

9,366

349,606

316,433

43,607

 

 

KINGSOFT CLOUD HOLDINGS LIMITED

RECONCILIATION OF GAAP AND NON-GAAP RESULTS

(All amounts in thousands, except for percentage)

Three Months Ended

Mar 31,
2024

Dec 31,
2024

Mar 31,
2025

Mar 31,
2025

RMB

RMB

RMB

US$

Operating loss

(274,157)

(43,511)

(234,201)

(32,273)

Adjustments:

– Share-based compensation expenses 

103,595

24,774

134,611

18,550

– Amortization of intangible assets

43,517

43,104

43,781

6,033

Adjusted operating (loss) profit (Non-GAAP Financial
Measure)

(127,045)

24,367

(55,809)

(7,690)

– Gain on disposal of property and equipment

(23,821)

(10,137)

(2,110)

(291)

Excluding gain on disposal of property and equipment,
normalized Adjusted operating (loss) profit

(150,866)

14,230

(57,919)

(7,981)

 

 

KINGSOFT CLOUD HOLDINGS LIMITED

RECONCILIATION OF GAAP AND NON-GAAP RESULTS

(All amounts in thousands, except for percentage)

Three Months Ended

Mar 31,
2024

Dec 31,
2024

Mar 31,
2025

Net loss margin

-20.5 %

-9.0 %

-16.0 %

Adjusted net loss margin (Non-GAAP Financial Measure)

-12.2 %

-3.1 %

-9.7 %

Adjusted EBITDA margin (Non-GAAP Financial Measure)

1.9 %

16.1 %

16.2 %

Normalized Adjusted EBITDA margin

0.5 %

15.7 %

16.1 %

Adjusted operating (loss) profit margin (Non-GAAP Financial Measure)

-7.2 %

1.1 %

-2.8 %

Normalized Adjusted operating (loss) profit margin

-8.5 %

0.6 %

-2.9 %

 

 

KINGSOFT CLOUD HOLDINGS LIMITED

UNAUDITED CONDENSED CONSOLIDATED STATEMENT OF CASH FLOWS

(All amounts in thousands)

Three Months Ended

Mar 31,
2024

Dec 31,
2024

Mar 31,
2025

Mar 31,
2025

RMB

RMB

RMB

US$

Net cash (used in) generated from operating activities

(321,336)

570,222

(418,390)

(57,656)

Net cash used in investing activities

(1,169,017)

(1,337,978)

(490,393)

(67,578)

Net cash  generated from financing activities

1,112,096

1,802,762

549,998

75,792

Effect of exchange rate changes on cash, cash equivalents and
restricted cash

(20,464)

(15,294)

15,028

2,071

Net (decrease) increase in cash, cash equivalents and restricted cash

(398,721)

1,019,712

(343,757)

(47,371)

Cash, cash equivalents and restricted cash at beginning of period

2,489,481

1,710,389

2,730,101

376,218

Cash, cash equivalents and restricted cash at end of period

2,090,760

2,730,101

2,386,344

328,847

 

 

Socialsuite Unveils First-of-Its-Kind AI-Driven Double Materiality Software for CSRD Compliance

AUSTIN, Texas, May 28, 2025 /PRNewswire/ — Socialsuite, a leader in sustainability risk management technology, announces the launch of its groundbreaking AI-driven double materiality software —an end-to-end solution designed to help organizations navigate the complexities of the Corporate Sustainability Reporting Directive (CSRD) with confidence. This first-of-its-kind platform combines stakeholder engagement data capabilities with AI-powered benchmarking enabling compliance alignment with ESRS and ISSB standards to revolutionize the mandated double materiality assessment process.

“As organizations face increasing regulatory pressure, they need a solution that not only ensures compliance but also streamlines and enhances their materiality risk assessments,” said Seth Forman, CEO of Socialsuite. “Our new platform combines cutting-edge AI with collaborative project management tools, helping companies reduce the time and cost of conducting a double materiality assessment by up to 80%.”

“Socialsuite’s platform is filling a major ESG tech stack gap. Its ability to map dependencies, business activities, and relationships across the value chain and digitally connect flexibly score IROs truly sets it apart from other providers” said Jeffrey Crawford, Managing Director of Azuri.

Key Benefits and Features

  • End-to-End Management: Eliminate spreadsheets with a structured, collaborative approach that centralizes stakeholder engagement, materiality data, and documentation into one auditable, intuitive platform.
  • AI-Driven Insights: Uses intelligent benchmarking to identify industry trends, assess impacts, risks, and opportunities, and guide strategic decision-making.
  • Compliance Made Simple: Built-in alignment with CSRD and IFRS standards ensures confident and credible reporting.

Trusted by Industry Leaders

Industry leaders, including in-house sustainability teams and consultants, already recognize the value of Socialsuite’s technology in strengthening their double materiality assessments and sustainability strategies.

“Socialsuite has been a game-changer for us. Their platform and expertise made our materiality assessment so much smoother and faster. We got deeper insights from stakeholders, which really strengthened our reporting and strategy. Thanks to Socialsuite, we’re raising the game in sustainability for our industry.” – Renata Lopes, Head of Sustainability at Tabcorp

“Socialsuite’s combination of innovative technology and expert advisory support helped us navigate the complexities of sustainability in our sector. The materiality assessment process gave us clear insights into the priorities of our stakeholders, eliminating the guesswork and providing us with a strategic roadmap for the future.” – Kai Martin, Chief Sustainability Officer at The Pasha Group

As organizations worldwide prepare for CSRD mandates, Socialsuite provides a practical, efficient, and scalable solution to one of sustainability reporting’s biggest challenges. To learn more about the Socialsuite double materiality software, visit www.socialsuitehq.com/csrd.

Media Contact:
Kate Smith
Senior Marketing Associate
Socialsuite
kate@socialsuitehq.com

 

Vinfast showcases the VF 6 right-hand drive for the first time at IIMS Surabaya 2025


SURABAYA, INDONESIA – Media OutReach Newswire – 28 May 2025 – VinFast has announced its participation in the Indonesia International Motor Show (IIMS) Surabaya 2025, where it will feature the largest booth at the event. Significantly, the VF 6 B-segment SUV will be showcased for the first time in Indonesia, expanding VinFast’s diverse product portfolio to better serve the country’s varied mobility needs. This move marks an important milestone in VinFast’s expansion strategy, underscoring its commitment to establishing a strong presence in the Indonesian market.

The right-hand drive VinFast VF 6 showcased for the first time at IIMS Surabaya 2025, priced from just 396,995,000 IDR.
The right-hand drive VinFast VF 6 showcased for the first time at IIMS Surabaya 2025, priced from just 396,995,000 IDR.

At the exhibition, VinFast will showcase its complete range of electric vehicle models currently available in the market, spanning the most popular segments: VF 3, VF 5, VF 6, and VF e34.

At the heart of the display is the VF 6, a B-segment electric SUV officially opened for sales in early May 2025. The VF 6 has a modern, tech-savvy design that is well-suited for a wide range of mobility needs, especially in urban environment. This will be the first public showcase of the VF 6 right-hand drive version, offering visitors a firsthand and engaging experience.

The VF 6 is available in two trims – Eco and Plus – with starting prices of 396,995,000 IDR and 451,600,000 IDR respectively (OTR East Java), offering flexible options that cater to the diverse needs and budgets of Indonesian consumers.

VinFast continues to apply attractive sales policies for the VF 6, including free charging at VinFast stations (operated by V-GREEN) through March 1, 2028, and an accessory gift package valued at 13,345,000 IDR.

During IIMS Surabaya, VinFast is introducing additional limited benefits for VF 6 customers. These include cashback of up to 15,000,000 IDR, along with one year of complimentary comprehensive risk insurance provided by Tugu Insurance for all cash purchases made before June 30, 2025.

In collaboration with its trusted financial partner Adira Finance, VinFast is also offering flexible financing solutions across its entire vehicle lineup at IIMS Surabaya. Customers can drive home a VinFast car with an initial payment starting from just 28,020,000 IDR, monthly installments from 3,921,000 IDR, or opt for a 0% interest financing plan.

Visitors to the VinFast booth will have the opportunity to participate in a lucky draw for a chance to win special prizes, including a brand-new VF 5.

In addition to special sales programs during the launch phase and at the event, VinFast continues to apply an attractive vehicle exchange and buy-back policy, offering up to 90% of the vehicle’s value after 6 months and 70% after 3 years for all VinFast models in Indonesia. This policy provides customers with greater peace of mind when choosing a VinFast EV and the flexibility to upgrade their vehicle based on evolving needs.

At the event, customers can also explore VinFast’s comprehensive green mobility ecosystem, including home and public charging solutions, a smart vehicle management app, and exceptional after-sales services.

VinFast announces limited-time offers for VF 6 buyers and other EV models at the event.
VinFast announces limited-time offers for VF 6 buyers and other EV models at the event.

Mr. Kariyanto Hardjosoemarto, CEO of VinFast Indonesia, shared: “IIMS Surabaya presents an important opportunity for VinFast to connect with Indonesian consumers, especially in East Java, one of our key target markets. Indonesia is currently one of the markets with the most diverse VinFast product portfolio and is the first market to feature the right-hand drive version of the VF 6. This reaffirms our commitment to providing customers with more sustainable, smart, and practical transportation options.”

Surabaya, alongside Jakarta, is one of Indonesia’s major economic hubs, with a large population and rising transportation demand. VinFast’s presence at IIMS Surabaya is part of its broader strategy to expand its distribution and service network nationwide, bringing its electric vehicles closer to customers across the country. The company has already established 20 authorized service centers, 25 third-party workshop and 22 dealerships in Indonesia, including 7 locations in East Java.

Alongside expanding its product lineup, VinFast is steadily developing a comprehensive support ecosystem. In Indonesia, VinFast owners can already enjoy free charging at V-GREEN-operated stations nationwide, to enhance convenience and accessibility. Customers also benefit from industry-leading warranty and aftersales policies, demonstrating VinFast’s long-term commitment to the Indonesian market.

Hashtag: #vinfast

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

About VinFast

VinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam’s largest conglomerates, is a pure-play electric vehicle (“EV”) manufacturer with the mission of making EVs accessible to everyone. VinFast’s product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses.

VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe and Asia. Learn more at: