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Heng Ren Partners Calls on Sinovac to Disclose the Record and Payment Dates of the Special Dividend and Distribute an Additional Dividend of $41 per Share

BOSTON, April 11, 2025 /PRNewswire/ — Sinovac Biotech Ltd. (NASDAQ: SVA) shareholder Heng Ren Partners, LLC sent a letter on April 8, 2025, to Sinovac’s Board calling on the Board to disclose the record and payment dates of the special cash dividend announced on April 1, 2025.  More than a week after the dividend announcement, these simple and essential details oddly remain undisclosed.  Heng Ren previously sent the Board a letter on March 19, and received no response.  The April 8 letter urges Sinovac to pay an additional dividend of $41 per share, which would pay shareholders a total of $96 per share and leave Sinovac with more than $1.3 billion net cash on hand – an amount more than sufficient for Sinovac’s operating needs.  Heng Ren encourages like-minded shareholders to visit https://www.hengreninvestment.com/sinovac-fairness/ and contact Sinovac directly.

The full text of the letter follows:

April 8, 2025

Dear Board of Directors:

I write on behalf of Heng Ren regarding our March 19, 2025 Shareholder Demand for Cash Distribution and Inspection of Books and Records (the “Shareholder Demand“) and the Company’s press release dated April 1, 2025 (the “Press Release“), in which the Board announced a special cash dividend of US$55.00 per common share (the “Dividend“).1  Specifically, the Press Release stated that the Board expects to “fund the Dividend from available cash resources of the Company and its subsidiaries, including prior distributions from Sinovac Life Sciences Co., Ltd. and other operating subsidiaries of the Company.”  Heng Ren also notes that the Board announced that the “Dividend is intended to provide [Company] shareholders with their appropriate share of these prior distributions from the Company’s subsidiaries.”

Heng Ren is encouraged that the Board has announced the Dividend, which is consistent with its fiduciary obligations to allow shareholders finally to receive some benefit of their investment in Sinovac.  But more is required.  In order to increase transparency and trust, and ensure that Sinovac shareholders receive the benefit of their investment, the Board must immediately disclose the exact timing of the record and payment dates, and mechanics for the payment of the announced Dividend. This disclosure is especially critical given that shareholders still are unable to trade their shares due to the continued trading halt on the Nasdaq. The Board should also provide an update this week on the status of the resumption of trading of Sinovac’s stock as it is of critical importance to all shareholders. 

Furthermore, even after paying the Dividend, the Company still will be holding more than $6.3 billion in net cash and cash equivalents.  We see no rational business reason for the Company to continue to sit on that much cash.  The time to distribute the cash is now.  Therefore, the Board must not only cause the Company to pay the Dividend, but also cause the Company to pay an additional special dividend of $41 per share.  Such a dividend payment would leave the Company with more than $1.3 billion net cash on hand, an amount well above its operating needs. 

The issue of excess cash and its distribution is not only a matter of interest to shareholders like us. It also is of interest to the U.S. Securities and Exchange Commission (SEC).  As Heng Ren referenced in its letter dated March 19, 2025, in the correspondence from the SEC’s Division of Corporate Finance to Sinovac dated June 26, 2023, the SEC specifically asked the Company to describe “any restrictions and limitations on [its] ability to distribute earnings from the [C]ompany . . . to U.S. investors.”  In response, Sinovac did not identify any limitations on its ability to make distributions to investors, but simply stated it had no intention of distributing dividends in the near future.  At that time, the Company was sitting on more than $10.0 billion in net cash or cash equivalents.  This action (or inaction) precluded Sinovac’s shareholders from benefiting from the billions of dollars in cash that their investment had created.

Without a clear timeline on the payment of the announced $55 cash dividend, and Sinovac’s problem of excess cash still unaddressed, from a shareholders’ perspective the situation hasn’t changed since 2023 when the SEC sent its inquiry to Sinovac.

As demonstrated by the Company’s June 30, 2024 financial report, Sinovac’s cash on hand – without any revenue or operating cash flow, and after distribution of the $55 cash dividend –would finance nearly nine years of capital expenditures.

Sinovac can responsibly distribute not only the $55 cash dividend, but an additional special dividend of $41 per share.  The board and shareholders all should be aligned and in agreement for the distributions. These distributions pale in comparison to the opportunity cost of Sinovac’s shares being halted from trading when the Company’s value peaked in 2021. Long-oppressed shareholders now are entitled to receive this cash.

Heng Ren reiterates its previous demand to inspect and to make copies or extracts from, the books and records set forth in Section II.C (Parts 1-9) of its Shareholder Demand.

About Heng Ren:

Heng Ren Partners is a Boston-based asset management firm investing in Chinese companies.  Ropes & Gray LLP is serving as its legal counsel.


     Any shareholder may obtain additional information or contact Heng Ren     

at https://www.hengreninvestment.com and click “Sinovac Fairness.”

1 Capitalized terms undefined herein shall have the same meanings ascribed to them in the Shareholder Demand.

Laboratory Services Cooperative Notifies Individuals of Security Incident

SEATTLE, April 11, 2025 /PRNewswire/ — Laboratory Services Cooperative (LSC), a non-profit organization based in Seattle, Washington, is encouraging individuals to take precautionary measures to protect their information following a security incident.

LSC provides lab testing services to select Planned Parenthood centers. If you, or someone whose healthcare bills you pay for, visited one of these centers and had lab tests done or were referred for lab tests, your information might be part of this incident.

Please be advised that this incident did not involve all Planned Parenthood centers. It specifically may have impacted only those centers that received lab testing services from LSC. It is important to note that LSC began providing services to these centers at different times, with some partnerships starting as recently as the past few years. For a list of states where LSC partners with Planned Parenthood centers, individuals can visit the FAQ section of LSC’s website notice available at https://www.LSCIncidentSupport.com.

On October 27, 2024, LSC identified suspicious activity within its network. In response, LSC immediately engaged third-party cybersecurity specialists to determine the nature and scope of the incident and notified federal law enforcement. The investigation revealed that an unauthorized third party gained access to portions of LSC’s network and accessed/removed certain files belonging to LSC.

LSC promptly initiated a review and engaged a third-party vendor to help identify whose information may be potentially involved and to what extent.

In February 2025, LSC received the initial results of the data review, revealing that certain LSC patient and worker-related data might be affected.

The specific information involved is not the same for everyone. It depends on the individual’s relationship with LSC but may include contact details such as name, address, phone number, and email, along with one or more of the following categories:

  • Medical/Clinical Information: This may include information such as date(s) of service, diagnoses, treatment, medical record number, lab results, patient/accession number, provider name, treatment location, and related-care details.
  • Health Insurance Information: This may encompass plan name, plan type, insurance companies, and member/group ID numbers.
  • Billing, Claims, and Payment Data: This could involve claim numbers, billing details, bank account details (including bank name, account number, and routing number), billing codes, payment card details, balance details, and similar banking and financial information.
  • Additional Identifiers: This may include Social Security Number, driver’s license or state ID number, passport number, date of birth, demographic data, student ID number, and other forms of government identifiers.

For LSC workers, the information involved may also include details about their dependents or beneficiaries if that information was provided to LSC.

The confidentiality, privacy, and security of information maintained by LSC remains its top priority. As a precaution, LSC has hired third-party cybersecurity specialists to monitor the dark web for any information that may have been accessed or taken without authorization during this incident. The dark web is a hidden part of the internet where unauthorized activities and data exchanges often happen.

The cybersecurity specialists hired by LSC are using tools and techniques to scan various dark web forums, marketplaces, and other platforms. As of this writing, they have not found any evidence that information involved in this incident is on the dark web.

LSC has set up a website to help individuals learn more about the incident and to provide resources to protect their information. These resources include free credit monitoring and medical identity protection services through CyEx Medical Shield Complete. To learn more or to sign up for these services, please visit https://www.LSCIncidentSupport.com. Any updates regarding the incident will be posted on https://www.LSCIncidentSupport.com, so individuals are encouraged to visit it periodically.

LSC has also established a dedicated call center for individuals to call with any questions or concerns. The toll-free call center can be reached at 1-855-549-2662, available Monday through Friday from 9:00 AM to 9:00 PM ET.

Individuos pueden obtener información relacionada con este incidente en español llamando al centro de llamadas gratuito exclusivo de LSC al 1-855-549-2662.

DANY GARCIA ANNOUNCES THE LAUNCH OF DANIMÁS: A NEW MEDIA COMPANY CELEBRATING THE AMBITIOUS TRAILBLAZER

NEW YORK, April 11, 2025 /PRNewswire/ — Dany Garcia, Chairwoman & CEO of The Garcia Companies, announces the launch of Danimás, an innovative media company and community built for the modern Trailblazer. Designed to inspire individuals who embody the “Athlete of Life™” mindset, Danimás celebrates ambition and the journey, through the triumphs and defeats, for the pursuit of greatness in every facet of life.  

Backed by original research Garcia personally funded—which revealed that 65% of women feel underrepresented in media—Danimás will be home to dynamic content, first-person narratives, original programming, and cultural storytelling that shifts perspective and breaks boundaries.

Danimás is more than just a media platform — it’s a movement and a mindset. At its core, it’s a digital space that connects individuals who embrace strength as a lifestyle choice, extending beyond the gym and into their personal, professional, and creative pursuits. As a brand, it seeks to serve as a cultural touchpoint, highlighting individuals who are redefining industries — from leading entrepreneurs and athletes to creative visionaries and fashion innovators.

“The Trailblazer represents a new archetype — glamorous, bold, and unapologetic. Strength training is the great unlock to harnessing her innate power; She embraces her strength, allowing it to reverberate and leave a lasting impact on herself and others,” says Garcia. “Danimás is where these individuals can find a community that fuels their ambitions and inspires their journeys.”

Garcia, a professional bodybuilder, lifelong athlete, and accomplished entrepreneur who oversees a diversified portfolio of companies that span entertainment, media, fashion, sports, health, wellness, and consumer goods, brings a unique blend of business acumen and physical discipline to this groundbreaking initiative. Over the past decade, Garcia has played a pivotal role in producing culturally significant and commercially successful projects, including HBO’s five-time-Emmy-nominated Ballers and blockbuster films such as Sony’s globally beloved Jumanji franchise, Disney’s Jungle Cruise and upcoming Live Action Moana, Netflix’s Red Notice, Amazon’s Red One, among others.

Garcia has appointed Liz Edmiston as Co-CEO of the Fashion Division at The Garcia Companies, where she will spearhead the development of Danimás. A dynamic and seasoned global retail leader, Edmiston most recently served as CEO of Lane Bryant, where she revitalized and modernized the beloved fashion brand, and as President and CEO of Groupe Dynamite Inc., in Montreal, guiding the company through a digital evolution and shaping its strategic growth trajectory.  As Chief Brand Officer of Calvin Klein, she oversaw the Asia Pacific region based in Hong Kong, transforming it from a licensed model to a fully owned and operated retail business with over 2600 stores. She has also held senior executive positions for companies such as Gap, Inc., Ralph Lauren, Tory Burch, and Victoria’s Secret.

“Liz is a powerhouse — she understands how to build brands that move culture,” said Garcia. “Her proven ability to lead with discipline, resonate with consumers, and execute at scale make her the perfect partner to bring Danimás to life.”

“Danimás is an exciting new concept,” said Edmiston. “It’s a brand built on strength and intention — where training meets style, and where creativity is expressed through every detail. This isn’t just about a new content platform or fashion focused company, it’s about building a community of power women who are interested in business, sports, fashion and culture and are intent on getting the most out of life.”

For the launch, Danimás has partnered with Frosty, a premier global creative agency, and branding specialist Studio Alistair Gibbs to shape the brand’s identity and visual narrative, culminating in a striking debut campaign.  Shot in London by renowned photographer Amber Pinkerton, the campaign, which showcases the first visual world of Danimás, merges power, training, strength, and glamour in a visually arresting and thought-provoking manner.

Danimás Debuts Online 
Danimás will launch digitally on www.danimas.com with an expansive range of editorial content, visuals and storytelling.The brand will also maintain an active presence on Instagram and LinkedIn starting April 10, 2025, offering exclusive content and updates that reflect its community-first approach.  A newsletter will be rolled out later this month to subscribers.

The company has partnered with Studio K&J and Sweden Unlimited on the website launch, with In*houseco Inc, managing creative execution across all platforms.

The Executive Team
Danimás boasts an impressive leadership team that blends diverse expertise from across industries. The team includes:

  • Giuseppe Cielo, former CFO at Khaite – Chief Financial Officer
  • Amy Madigan, former VP, Operations at GSTQ – Chief of Staff
  • Erin Lardy, Chief Content Officer of The Garcia Companies – Interim Chief Editorial Director
  • Lynn Ambrose, former Head of Talent for The RealReal – Human Resources Advisor.

Shanna Goldstone and Jason Cauchi of Pari Passu New York, and SAGO, have been retained to conduct consumer research. Ave Advisory has been retained for executive marketing strategy.

Karen Harvey Consulting Group is leading executive search and supporting brand development and strategic initiatives. 

For more information and media inquiries, please contact:  
Press Inquiries: info@danimas.com

Visual from Danimás brand launch, merging power, training, strength, and glamour for the modern Trailblazer.
Visual from Danimás brand launch, merging power, training, strength, and glamour for the modern Trailblazer.

Logo – https://laotiantimes.com/wp-content/uploads/2025/04/danimas_logo.jpg
Photo – https://laotiantimes.com/wp-content/uploads/2025/04/danimas_ip_image.jpg

Sinch Named an Essential App for HubSpot

Partnership highlights Sinch’s success bringing easy-to-use conversations inbox to business messaging

STOCKHOLM and BOSTON, April 11, 2025 /PRNewswire/ — Sinch (Sinch AB (publ) – XSTO: SINCH), which is pioneering the way the world communicates through its Digital Customer Communications Cloud, has been recognized an Essential App for HubSpot. The announcement strengthens the strategic partnership between the two companies and coincides with the launch of HubSpot’s new Custom Channels API, which allows businesses to integrate communication channels from trusted partners like Sinch directly into the HubSpot Conversations Inbox.

This milestone reflects Sinch’s ongoing commitment to co-innovation, making it easier for businesses to reach and engage customers in more personalized, efficient, and impactful ways. As a launch partner for the Custom Channels API, Sinch now enables customers to seamlessly manage RCS, SMS and MMS communications alongside email, chat, and social messaging – all in one unified inbox.

“It’s a testament to our focus on bringing the best communications tools to businesses using HubSpot,” said Chris Thompson, VP, Ecosystems at Sinch. “Our product and partner teams have worked closely with HubSpot to create an inbox environment that meets the needs of today’s businesses. The partnership we have with HubSpot has led to opportunities like this, and we’re proud to play a key role in shaping the future of customer engagement.”

With the new integration, businesses can now track, manage, and respond to text messages within HubSpot’s Conversations Inbox, offering teams a single, organized location for all customer communications. This level of visibility and centralization improves internal collaboration and drives more responsive, personalized experiences.

“By supporting this integration, we’re helping businesses keep track of their communications for even better customer engagement,” Thompson added. “We’re excited to strengthen our partnership with HubSpot and continue delivering exceptional messaging experiences that empower businesses worldwide.”

Sinch believes in helping businesses build real connections with their customers, directly from the platforms they know and use every day, like HubSpot. Being named an Essential App reflects the long-standing relationship between Sinch and HubSpot, which is built on shared values of customer-first innovation and trusted collaboration. This recognition also highlights Sinch’s mobile messaging expertise and the vital role it plays in expanding and enriching the HubSpot ecosystem.

For more information about Sinch’s SMS & MMS integration with HubSpot visit https://sinch.com/integrations/hubspot/

CONTACT:
For more information please contact:  
Janet Lennon, Director of Global PR & Communications  
janet.lennon@sinch.com |1.206.914.6175 

This information was brought to you by Cision http://news.cision.com

The following files are available for download:

New Secretariat Report Maps Rising Financial and Economic Crime Risks in 177 Countries

New research tracks evolving financial and economic crime risks, unveils the Secretariat Economic Crime Index (SECI), and highlights key trends shaping 2025 and beyond

ATLANTA and DUBAI, April 10, 2025 /PRNewswire/ — Secretariat, the leading global legal, risk, and regulatory advisory firm, has released its inaugural Global Financial and Economic Crime Outlook 2025, providing a comprehensive analysis of financial and economic crime threats worldwide. The report maps jurisdictional risks, assesses emerging crime trends, and introduces the Secretariat Economic Crime Index (SECI)—a groundbreaking new country-by-country risk assessment measuring financial and economic crime factors impacting business viability.

Bhavin Shah - Managing Director - Secretariat
Bhavin Shah – Managing Director – Secretariat

Financial crime remains an alarming global concern, with illicit financial flows projected to surge between USD 4.5 trillion to USD 6 trillion by 2030, according to Secretariat estimates. Money laundering, fraud, bribery, and market abuse continue to evolve and become more sophisticated, fueled by shifting geopolitical and regulatory priorities, rapid advancements in virtual assets, decentralized finance (DeFi), artificial intelligence (AI), and machine learning.

“The financial crime landscape is shifting at an unprecedented pace,” says Secretariat Managing Director Bhavin Shah. “Our report equips organizations with the intelligence they need to navigate these complex risks, anticipate threats, and implement proactive safeguards.”

Key Findings of the Report

  • The Rise of AI-Driven Fraud: The use of AI in financial crime is accelerating, with deepfake fraud, automated money laundering, and AI-powered identity theft posing growing threats.
  • Virtual Asset Risks: Cryptocurrencies and DeFi platforms continue to be exploited for illicit transactions, underscoring the urgent need for stronger global regulatory oversight.
  • Convergence of Sanctions and AML/CFT Governance: Sanctions and AML regimes are increasingly integrated, with regulators leveraging shared compliance pillars and geopolitical intelligence to disrupt illicit networks and enhance global financial crime enforcement.
  • Cross-Border Data Sharing is Critical: In an era of evolving compliance challenges, enhanced global cooperation and real-time monitoring are essential to combat financial crime effectively.

Mapping Global Risk with the SECI Index

At the core of the report is the Secretariat Economic Crime Index (SECI), a proprietary tool that analyzes financial and economic crime risks across 177 countries. The SECI score (ranging from 0 to 4) integrates Secretariat’s expert analysis with data from three established global benchmarks: the Basel AML Index, the Corruption Perceptions Index, and the Organized Crime Index. Countries are categorized into four distinct risk tiers:

  • Transparent Titans: 19 countries, with scores ranging from 0 to 1.53
    These nations lead in financial crime prevention, with strong enforcement and transparency.
    The top five countries include: Finland, Denmark, Iceland, Luxembourg, and Estonia.
  • Vigilant Players: 64 countries, with scores ranging from 1.54 to 2.18
    Actively strengthening their regulatory frameworks, these countries continuously evolve to combat financial crime. The top five countries include: Netherlands, Austria, Seychelles, Israel, and Latvia
  • Reactive Reformers: 78 countries, with scores ranging from 2.19 to 2.83
    Weak enforcement, regulatory gaps, and prevalent high-risk activities hinder these nations’ ability to combat financial crime. The top five countries include: Ghana, Gambia, Malawi, Serbia, Bosnia and Herzegovina.
  • Regulatory Laggards: 16 countries, with scores ranging from 2.84 to 4.00
    Characterized by entrenched corruption and systemic financial crime, these nations struggle with illicit financial flows that are deeply embedded in their economies, making enforcement efforts largely ineffective. The bottom five countries include: The Democratic Republic of Congo, Venezuela, Afghanistan, South Sudan, and Myanmar.

2025 and Beyond: The Future of Financial and Economic Crime Prevention

The report outlines ten major financial and economic crime trends shaping the next decade, including:

  • Disruptive AI technology and deepfake frauds
  • Virtual asset risks
  • Real-time transaction monitoring
  • Regulatory technology integration
  • Behavioral biometrics for fraud prevention and detection
  • Proliferation financing
  • Convergence of sanctions and AML/CFT governance
  • Rise of white-collar frauds and external threats
  • Cross-border data sharing
  • Rise of ESG compliance in financial crime risk management

As financial and economic crime becomes more sophisticated, regulators, financial institutions, and corporations must adopt data-driven, technology-enabled strategies to safeguard the global financial system.

“We’re entering a new era where rules are being redefined in real time, not only due to technological disruption, but also because the global economy is fragmenting, legal systems are retrenching, and global norms are being rewritten,” says Shah. “Alongside these shifts, rising tariffs are creating new vulnerabilities. This environment gives criminal networks new opportunities to adapt, exploit weaknesses, and outpace regulators, reinforcing the need for more agile enforcement strategies.”

“In a rapidly shifting compliance landscape, organizations must move beyond traditional risk assessments,” notes Secretariat Managing Director Ralph Stobwasser. “The SECI index and our in-depth country analysis brings clarity to jurisdictional vulnerabilities and emerging crime trends. Prevention is key, but readiness is vital. Institutions must react, respond, and remediate to minimize impact, restore trust, and ensure resilience. At the same time, we must recognize that protectionist tariffs, while aimed at safeguarding domestic industries, can unintentionally fuel the shadow economy. Distorted market prices create opportunities for smuggling and trade-based money laundering, particularly where enforcement is weak. These dynamics allow criminal networks not just to avoid tariffs, but to fund broader illicit operations under the radar.”

The Secretariat Global Financial and Economic Crime Outlook will publish annually, establishing itself as a trusted resource and barometer for international business activity.

Download a full copy of the report.

About Secretariat

Secretariat experts are trusted in the highest-stakes legal, risk, and regulatory matters around the world. Renowned law firms, leading corporations, and respected governmental entities turn to our more than 600 disputes, investigations, economic, engineering, and data advisory experts when the stakes are high – supporting them with meticulous preparation, insightful analysis, and clearly persuasive communications. Our bright minds and passionate problem-solvers put their financial, analytical, and strategic insights to work in the fast-paced sectors we serve – from construction and energy to healthcare, technology, and natural resources. Quality, integrity, and independence are woven into every aspect of our work. But, most importantly, when success is on the line, our globally integrated teams thrive on working through the most daunting problems in ways that remove uncertainty and instill confidence. Learn more at www.secretariat-intl.com.

Ralph Stobwasser - Managing Director - Secretariat
Ralph Stobwasser – Managing Director – Secretariat

 

PDF – https://mma.prnewswire.com/media/2662069/Secretariat_Global_Financial_and_Economic_Crime_Outlook_2025_Map.pdf?p=original

Beyond Size, Beyond Speed: Baseus Unveils Ultra-Slim, Ultra-Small PicoGo Wireless Charging Solutions

LAS VEGAS, April 11, 2025 /PRNewswire/ — Baseus is excited to announce a range of new products to add to its thriving PicoGo Series – a unique collection of charging devices and accessories built to make your life easier with fast charging power and assured convenience. These ultra-thin newcomers promise to deliver compact power that redefine simplicity wherever life takes you.

PicoGo Card-Sized Magnetic Power Bank
PicoGo Card-Sized Magnetic Power Bank

While the PicoGo Ultra-Slim Power Banks are similar in many ways, each device also promises to deliver unique charging capabilities that redefine simplicity wherever life takes you. Now, let’s take a look at some of the main highlights of the latest additions to the Baseus PicoGo lineup.

Baseus PicoGo Card-Sized Magnetic Power Bank Series: Main Shared Features

Ultra-Slim and Portable: The PicoGo AM41 Ultra-Slim Power Bank (5000mAh) is just 0.3 inches thin and can seamlessly fit into your wallet like a credit card – allowing you to carry it everywhere you go. Additionally, the PicoGo AM31 Ultra Mini Power Bank with Kickstand (5000mAh) makes its mark as the world’s smallest Qi2-certified wireless power bank with a kickstand, ensuring effortless portability. While slightly larger than the others in the series, the PicoGo Qi2 AM41 Magnetic Power Bank (10,000mAh) remains impressively slim compared to similar products and also provides Qi2 fast wireless charging.

Triple-Cooling System for Safer Charging: Every PicoGo Ultra-Slim Power Bank in this series features a built-in aluminum alloy cooling system that ensures 98% heat dissipation efficiency. Each device is also equipped with an AI monitoring chip to track its temperature 18,000 times per hour to ensure consistently cooling and optimal safety. Graphene technology further expands each power bank’s heat dissipation over a 5,119 mm² surface area, to prevent overheating.

USB-C Dual Fast Wired Charging: Always be prepared and seamlessly charge two devices at the same time with the durable braided USB-C cable and additional port fitted onto each PicoGo Power Bank. The PicoGo AM41 Ultra-Slim Power Bank (5000mAh) and AM31 Ultra Mini Qi2 (5000mAh) models both provide 20W USB-C fast charging, while the PicoGo AM41 Magnetic Qi2 Power Bank (10,000mAh) uses 27W USB-C fast charging for even faster power delivery.

Snap-to-Charge Magnetic Wireless Charging: The PicoGo Ultra-Slim Power Bank range uses strong built-in magnets that allow each power bank to be securely attached to a device – even through a phone case – ensuring a stable and convenient charging experience.

Enhanced Grip and Comfort: Every PicoGo Ultra-Slim Power Bank comes draped in a sleek aluminum shell combined with a soft silicone finish for a premium feel. The ergonomic curved design of each device also enhances grip – making charging comfortable and effortless.

Unique Features in the PicoGo Card-Sized Magnetic Power Bank Range

15W Qi2 Certified Fast Wireless Charging: To stay ahead of the game, the PicoGo AM41 Ultra-Slim Magnetic Power Bank 10000mAh Qi2 features Qi2 charging for an elevated experience. With officially certified Qi2 (15W), your wireless charging speed is twice as fast as Qi (7.5W), your magnetic connection is stronger, and your battery’s performance is more optimized.

Built-in Kickstand and Qi2 Charging: On the other hand, the PicoGo AM31 Ultra Mini Power Bank Qi2 (5000mAh) is built for hands-free use with an innovative and convenient pop-up stand. This allows you to stream your favorite shows or scroll through your phone while it charges – offering both upright and side-view angles while also serving as a desktop stand. It also features Qi2 wireless charging for hands-free convenience and optimal charging efficiency.

The latest additions to the Baseus PicoGo Series promise to redefine simplicity with their peak performance capabilities, safer cooling mechanisms, and portable designs. Baseus welcomes you to a world where you’re in charge. With unrivaled power in an ultra-slim design, you can always stay charged, stay light, and stay connected.

Now available on Amazon, the PicoGo Card-Sized Magnetic Power Bank Series is launching with an exclusive promotion:

5000mAh version – Enjoy 25% off

10,000mAh version – Get 20% off

This limited-time offer makes it easier than ever to experience the perfect balance of power and portability.

The Kickstand version will also be available in Amazon in June.

About Baseus

Founded in 2011, Baseus was born out of utmost care for users. The company embodies its slogan: Practical. Reliable. Base on User. This shows the pursuit of ultimate practicality to solve users’ problems with outstanding design and fashionable appearances that also reflect reliability, high quality, and cost-effectiveness. Baseus delivers a variety of products – including Portable Chargers, Desktop Chargers, Wall Chargers, Wireless Earbuds, and Docking Stations. Chosen by 300 million users and providing 6 billion services, Baseus delivers over 100 million practical and aesthetic products each year, continuously enhancing users’ sense of fulfillment. Join the Baseus family today to see a new world of technological innovation.

Media Contact:
Name: Baseus PR Team
Phone: +1 (213) 512-7063
Email: pr@baseus.com 
Baseus Technology (HK) Co., Ltd
Baseus Official Website: https://www.baseus.com/

Sekisui Specialty Chemicals Announces Global Price Increase

DALLAS, April 11, 2025 /PRNewswire/ — Sekisui Specialty Chemicals announced today that it will increase the price of Selvol® Polyvinyl Alcohol, Selvol Ultiloc®, Selvol Ultalux®, and Selvol Premiol® products up to the amounts shown in the table.

Sekisui Chemical Group
Sekisui Chemical Group

 

Region

Increase:

North America

$200/mt

Latin America

$200/mt

Asia

$200/mt

EMEA

200€/mt

Sekisui Specialty Chemicals remains committed to meeting customers’ needs with high quality products. The increase will take effect on May 15th, 2025, or as contracts and agreements allow. Customers should contact their local Sekisui sales representative for more details.

Sekisui Specialty Chemicals’ primary product is Selvol, a line of high-performance polyvinyl alcohol polymers and copolymers used in paper, adhesive, packaging, construction, personal care, and many other specialty formulations.   Selvol Ultiloc copolymers are Sekisui’s the most recent innovation, bringing new functionality to the long trusted Selvol product line. The company also represents Advancell expandable microspheres and S-LEC BK polyvinyl acetal resins. Sekisui Specialty Chemicals is a subsidiary of the Sekisui Chemical Group, a multibillion dollar, global company that delivers a wide range of products and services to enrich people’s lives.  The company is comprised of core businesses and technologies in housing, social infrastructure, and chemical solutions. For more information, visit www.sekisui-sc.com/

Tsubame BHB signs LOI with Brazilian Company on Green Ammonia Manufacturing Facilities Project

– Accelerating toward the first unit ordered overseas –

YOKOHAMA, Japan, April 11, 2025 /PRNewswire/ — Tsubame BHB Co., Ltd. (“Tsubame BHB”), which is aiming for the social implementation and commercialization of distributed ammonia manufacturing plants, has signed a Letter of Intent (LOI) with ATVOS AGROINDUSTRIAL PARTICIPAÇÕES S.A in Brazil (“Atvos”), one of the leading biofuels companies in Brazil regarding a green aqueous ammonia factory in Mineiros (GO), where Atvos’s Morro Vermelho Unit (UMV) is located, responsible for ethanol production.

The new plant will have an installed capacity of 20,000 tons of the product. It will be used to replace fossil-based fertilizers applied to agricultural areas at both UMV and the Alto Taquari Unit (UAT), located in the homonymous municipality in Mato Grosso. With this solution, Atvos estimates it will avoid the emission of approximately 11 thousand tons of CO2 per year, significantly reducing its carbon footprint.

Japan-Brazil Economic Forum
Japan-Brazil Economic Forum

The execution of this LOI was witnessed by Japanese Prime Minister Shigeru Ishiba and President Luiz Inácio Lula da Silva of Brazil, at the Japan-Brazil Economic Forum held in Tokyo on March 26, 2025. On 28th March, Mr. Caio Dafico, Investment and Business Development VP at Atvos, visited Tsubame BHB for a tour of the pilot plant, and to conduct discussions on future directions for the project.

Tsubame BHB will further accelerate its efforts to secure this first order for an overseas unit, and to rapidly promote overseas deployment.

Comment from Atvos CEO Bruno Serapião

As one of the largest biofuels producers in Brazil with the purpose to lead the energy transition to move the world and transform lives, Atvos seeks to contribute to the decarbonization of the globe’s leading economies while also reducing the carbon footprint of its own operations. Thus, the partnership with Tsubame to produce green ammonia represents a significant step toward achieving this goal, as it will enable us to reduce the use of fossil-based nitrogen fertilizers and further strengthen our commitment to fostering the social and economic development of the countryside cities where we are located through job and income generation.

Comment from Tsubame BHB CEO Koji Nakamura

Brazil has great potential to become a major producer of green hydrogen, by leveraging its abundant renewable energy resources, and it is also a major agricultural nation that consumes nitrogen-based fertilizers in high volumes. As such, I believe that it is one of the countries that can manufacture green ammonia as a fertilizer at the small distributed ammonia synthesis plants offered by Tsubame BHB. I consider it a great honor to be able to collaborate with a major Brazilian bioethanol manufacturing company like Atvos, and I hope that through this collaboration, we can contribute to the decarbonization of agriculture in Brazil.

About Atvos

Atvos is one of Brazil’s leading biofuel companies and produces Sugarcane Ethanol, Very High Polarity (VHP) sugar, plus sustainable electricity using sugarcane biomass. From this raw material, the company has the capacity to produce around 3.3 billion liters of ethanol, which can power 60 million compact cars, plus 750,000 tones of VHP sugar, and cogenerate approximately 4,200 GWh of electricity from biomass – enough to supply a population of more than 20 million people. Atvos has around 11,000 employees in the states of Goiás, Mato Grosso, Mato Grosso do Sul and São Paulo, democratizing economic development in the countryside of Brazil where its eight agro-industrial units are located.

As a major player in the generation of clean and renewable energy, the company is one of the main national issuers of Decarbonization Credits (CBIOs), having renewed the RenovaBio certification of all its agro-industrial operations. Through Social Energy, another Atvos program, it supports projects focused on issues including education, culture, health, safety, the environment, and production activities. The initiative aims to foster socio-economic development and improve the quality of life in communities where the company operates. For more information, please visit https://atvos.com/.

About Tsubame BHB (https://tsubame-bhb.co.jp/)

Tsubame BHB is a deep tech company with a Vision of “Leveraging original technologies to resolve critical issues faced by humans in relation to food and the environment, and achieving a sustainable society.” Its goal is to contribute to the on-site production of ammonia at distributed plants, using technologies that synthesize ammonia at low pressures and low temperatures. Established in 2017, the Company uses electride catalyst technologies developed by Professor Emeritus Hosono from the Institute of Science Tokyo (formerly the Tokyo Institute of Technology). It currently focuses its efforts on the overseas deployment of these technologies, mainly in North and South America, Australia, and Africa.

Company overview

Name: Tsubame BHB Co., Ltd.

Representative Director and CEO: Koji Nakamura

URL: https://tsubame-bhb.co.jp/

Head office: 2-3-12 Shin-Yokohama, Kohoku-ku, Yokohama, Kanagawa Pref.
Shin-Yokohama Square Building, 6F

Established: April 2017

Outline of business:

  • R&D, sales, and facilities maintenance related to on-site ammonia supply systems
  • R&D, manufacturing, and sales involving synthetic ammonia catalysts
  • Manufacturing and sales of ammonia and ammonia-related products