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ATRenew Inc. Files 2024 Annual Report on Form 20-F

SHANGHAI, April 11, 2025 /PRNewswire/ — ATRenew Inc. (“ATRenew” or the “Company”) (NYSE: RERE), a leading technology-driven pre-owned consumer electronics transactions and services platform in China, today announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission (the “SEC”) on April 11, 2025. The annual report on Form 20-F can be accessed on the SEC’s website at http://www.sec.gov and on the Company’s investor relations website at http://ir.atrenew.com

The Company will provide a copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to Investor Relations, ATRenew Inc., 12/F, Tower 6, KIC Corporate Avenue, 433 Songhu Road, Yangpu District, Shanghai, People’s Republic of China.

About ATRenew Inc.

Headquartered in Shanghai, ATRenew Inc. operates a leading technology-driven pre-owned consumer electronics transactions and services platform in China under the brand ATRenew. Since its inception in 2011, ATRenew has been on a mission to give a second life to all idle goods, addressing the environmental impact of pre-owned consumer electronics by facilitating recycling and trade-in services, and distributing the devices to prolong their lifecycle. ATRenew’s open platform integrates C2B, B2B, and B2C capabilities to empower its online and offline services. Through its end-to-end coverage of the entire value chain and its proprietary inspection, grading, and pricing technologies, ATRenew sets the standard for China’s pre-owned consumer electronics industry. ATRenew is a participant in the United Nations Global Compact, and adheres to its principles-based approach to responsible business.

Investor Relations Contact

In China:
ATRenew Inc.
Investor Relations
Email: ir@atrenew.com

MEXC Among Top 3 CEXs with $1.79B Monthly Inflows, Driven by Innovative Strategies

VICTORIA, Seychelles, April 11, 2025 /PRNewswire/ — MEXC has achieved a net inflow of $77.5 million over the past 7 days, positioning itself as one of the few major centralized exchanges (CEXs) to demonstrate positive momentum during a widespread market decline, according to DeFiLlama. The exchange’s total monthly net inflow reached $1.79 billion, a 12.4% rise from the previous month, highlighting its resilience and consistent growth amid cautious user behavior across the broader market.

MEXC Among Top 3 CEXs with $1.79B Monthly Inflows, Driven by Innovative Strategies
MEXC Among Top 3 CEXs with $1.79B Monthly Inflows, Driven by Innovative Strategies

DeFiLlama data also ranks MEXC among the top 3 exchanges for monthly inflows, with $84.25 million recorded in April alone and a total value locked (TVL) of $2.8 billion as of April 9, 2025. This performance reflects MEXC’s growing credibility and ability to attract liquidity despite ongoing market volatility.

Exchange

7-Day Net Inflow

30-Day Net Inflow

Binance

+$888 million

+$3.7 billion

Bybit

+$564.9 million

+$3.2 billion

MEXC

+$77.5 million

+$1.79 billion

Kucoin

−$40 million

−$893.5 million

HTX

+$402.1 million

+$464.9 million

Net Inflow Trends Across Major CEXs (Source: https://defillama.com/cexs

MEXC’s standout performance over the past month can be attributed to its strategic focus on trading initiatives and ecosystem development. The key drivers behind this success include the following:

  1. Strategic Initiatives: Through its “Zero Trading Fee” campaign, MEXC significantly boosted trading volume and user engagement.
  2. BNB Chain Ecosystem Focus: MEXC’s targeted approach to CZ/BNB-Chain concept tokens, coupled with high returns and trading volumes of popular tokens, further drove user fund inflows.
  3. Capturing High-Potential Tokens: As the first platform to list CZ/BNB-Chain concept tokens like MUBARAK, MEXC created opportunities for low-cost entry and high returns, drawing significant user capital.
  4. Launch of DEX+: The launch of DEX+, a hybrid centralized-decentralized trading platform, lowered the barriers to on-chain trading, enhancing MEXC’s appeal to users and boosting fund inflows.

 

1. Zero Trading Fee Strategy Significantly Boosts Trading Activity

During its March Zero Trading Fee campaign, MEXC introduced trading pairs such as SOL/USDT, HYPE/USDT, and S/USDT, resulting in a 17.8% month-over-month increase in the number of traders and a remarkable 170.2% surge in trading volume. Notably, SOL/USDT saw a 185.62% increase in trading volume, with its average daily trading volume accounting for 19.0% of MEXC’s total futures trading volume – a growth rate of 189.69%—making it the standout pair of the quarter. ADA/USDT recorded the highest growth, with a 369.44% increase in trading volume and a 393.05% rise in its share of MEXC’s daily futures trading volume. Additionally, DOGE/USDT and SUI/USDT saw trading volume increases of 82.87% and 70.84%, respectively.

0 Trading Fee strategy also significantly enhanced MEXC’s market share. Trading pairs such as AIXBT/USDT, DOGE/USDT, and SOL/USDT led market share growth with increases of 331%, 283%, and 209%, respectively. DOGE/USDT and SOL/USDT achieved market shares of 30.5% and 30.3%, respectively, ranking first among the same pairs on CoinMarketCap (CMC), while ADA/USDT secured the second spot with a 20.6% market share. These figures demonstrate that the 0 Trading Fee campaign effectively ignited user trading enthusiasm, driving substantial fund inflows to the platform.

2. Strategic Focus on BNB Chain Ecosystem Fuels Hot Token Trading

The BNB Chain ecosystem has emerged as a new hotspot for on-chain assets over the past month, and MEXC’s strategic focus on this ecosystem has paid off. In March, BNB Chain ecosystem tokens accounted for 50.8% of new token spot trading users, a 30.1% month-over-month increase, while their trading volume share soared to 56.6%, reflecting a 63.5% month-over-month growth. This made the BNB Chain ecosystem a core driver of March’s trading surge.

The top five BNB Chain ecosystem tokens delivered an average return of 3,760%, creating significant profit opportunities for users while fueling a trading frenzy. Star tokens like MUBARAK, BUBB, and TUT led the charge with gains of 10,900%, 4,168%, and 2,000%, respectively, contributing 17%, 4%, and 7% to new token trading volume. MUBARAKAH and BMT also performed strongly, contributing 4% and 3% to trading volume, respectively. The robust trading activity of BNB Chain ecosystem tokens further attracted user fund inflows, injecting fresh momentum into MEXC’s growth.

3. First-Mover Advantage in Token Launches Makes MEXC a Go-To Platform for Low-Cost Entry

MEXC demonstrated industry-leading prowess in launching CZ-concept tokens. On March 14, 2025, at 12:35:00 (UTC+8), MEXC became the first exchange to list MUBARAK, outpacing all other platforms. Within 24 hours of its launch, MUBARAK surged by 1,377.5%, reaching a peak price of $0.22—a staggering 10,900% increase from its listing price. By the close of March 18, MUBARAK’s average daily trading volume had grown by 197% compared to March 15–16, with the number of traders rising by 76% month-over-month, reflecting sustained user enthusiasm.

4. DEX+ Launch Enhances User Experience and Fund Attraction Through Innovation

In March, MEXC introduced DEX+, a hybrid centralized-decentralized trading platform that allows users to engage in decentralized trading without leaving the MEXC app or website, providing access to a wide range of on-chain assets. Currently, DEX+ supports over 15,000 tokens across the Solana and BNB Chain ecosystems, covering a broad spectrum of on-chain assets. This innovative model not only enhances trading convenience but also strengthens MEXC’s appeal to on-chain trading users, further driving fund inflows.

Conclusion
With $1.79 billion in fund inflows over the past month and a 63.9% fund inflow efficiency, MEXC has demonstrated its competitive strength among global cryptocurrency exchanges. Whether through its 0 Trading Fee campaign to boost trading activity, its strategic focus on the BNB Chain ecosystem, its first-mover advantage in launching high-potential tokens, or the innovative launch of DEX+, MEXC has leveraged innovation to drive rapid fund inflows. Looking ahead, as the crypto market continues to evolve, MEXC is well-positioned to attract more global users and solidify its market standing by further enhancing user experience and expanding its market presence.

About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website X Telegram |How to Sign Up on MEXC

 

ASEAN Economic Ministers Say No to Retaliation in Response to US Tariffs

Ministries from the Association of Southeast Asian Nations (ASEAN) expressed “deep concern” over unilateral tariffs introduced by the United States. 

The statement, adopted during their virtual Special ASEAN Economic Ministers’ Meeting on 10 April, highlights potential disruptions to global trade. 

Virtual Special ASEAN Economic Ministers’ Meeting, Kuala Lumpur, 10 April 2025 (Photo: asean.org)

The ten ASEAN nations, unexpectedly hit hard by President Trump’s recent tariff announcement, are urging dialogue and cooperation rather than pursuing retaliatory measures.

“We express our common intention to engage in a frank and constructive dialogue with the U.S. to address trade-related concerns. Open communication and collaboration will be crucial to ensuring a balanced and sustainable relationship,” the statement read. “In that spirit, ASEAN commits to not impose any retaliatory measures in response to the U.S. tariffs.”

The statement also expressed support for the World Trade Organization (WTO) as the foundation of the global multilateral trading system and endorsed recent statements by WTO Director-General Ngozi Okonjo-Iweala regarding the potential impact of US tariffs on global trade and economic growth.

“We reaffirm our support for a predictable, transparent, free, fair, inclusive, sustainable, and rules-based multilateral trading system”, the statement added.

Secretary-General of ASEAN, H.E. Dr. Kao Kim Hourn (Photo: asean.org)

The ASEAN bloc, which represents the fifth largest economy globally, emphasized the importance of its economic relationship with the United States, noting that in 2024, the US was ASEAN’s largest source of foreign direct investment and second-largest trading partner. Conversely, ASEAN served as the fifth-largest trading partner for the United States last year.

The reciprocal tariffs took effect on 9 April but were suspended hours later for a period of 90 days for most countries. In six out of ten Southeast Asian nations, including Cambodia, Laos, Vietnam, Myanmar, Thailand, and Indonesia, tariffs range from 32 percent to 49 percent. 

However, while the US suspended some tariffs, the overall policy has created significant uncertainty for businesses, particularly micro, small, and medium enterprises (MSMEs), the regional leaders said in the recent online meeting. 

Looking forward, ASEAN ministers pledged to strengthen regional economic integration through initiatives such as the Upgrade of the ASEAN Trade-In-Goods Agreement (ATIGA) and the ASEAN Digital Economy Framework Agreement (DEFA). Moreover, committed to enhancing economic cooperation.

“We will also strengthen and expand our economic links with ASEAN’s external partners, including our Dialogue Partners, and seek out opportunities for economic cooperation with new partners,” the statement added. 

The ministers concluded by emphasizing their commitment to working “with greater unity and solidarity” to overcome the challenges posed by the current global trade situation while minimizing the impact on their populations and maintaining sustainable growth.

DYXnet Takes the Lead: Wins Gold Stevie® Award at the 2025 Asia-Pacific Stevie Awards

for Its Achievement in AI Advancements in the Telecommunications Industry


HONG KONG SAR – Media OutReach Newswire – 11 April 2025 – DYXnet, a wholly-owned subsidiary of VNET Group (NASDAQ: VNET) and a leading enterprise network service provider in Greater China, has received the prestigious Gold Stevie® Award for Innovation in Artificial Intelligence and Machine Learning at the 12th annual Asia-Pacific Stevie ® Awards. Gaining the world’s famous business awards not only recognizes DYXnet’s commitment to providing professional ICT services but also highlights its dedication to keeping pace with the ever-evolving technological landscape, enabling enterprises to achieve digital transformation in the era of AI. Since 2021, DYXnet has consistently excelled at the Asia-Pacific Stevie ® Awards, earning multiple accolades, including the Gold Award for Innovation in Digital Transformation and the Bronze Award for Innovation in Technology Management, Planning, and Implementation last year.

The Stevie Awards are widely considered to be the world’s premier business awards, conferring recognition for achievement in programs such as The International Business Awards® for 23 years. The Asia-Pacific Stevie Awards are the only business awards program to recognize innovation in the workplace in all 29 markets of the Asia-Pacific region. This year, over 1,000 nominations were received from organizations throughout the region. Gold, Silver and Bronze Stevie Award winners were determined by the average scores of more than 100 executives around the world acting as judges in February and March. DYXnet earned the Gold Award in the Innovation in Artificial Intelligence and Machine Learning category within the Telecommunications Industries, acknowledging its commitment to transforming enterprise network management and cybersecurity through innovative technologies.

DYXnet has been actively expanding its services into the field of AI in recent years. The awarded DYXnet AI services seamlessly integrate AI with network and cybersecurity services, aiming to automate network operations and management while addressing the complexities of modern network security, realizing Artificial Intelligence for IT Operations (AIOps). By leveraging advanced machine learning algorithms and real-time analytics, DYXnet continuously learns about customer needs and network conditions. This capability enables the service to provide flexible and rapid responses, optimize network performance, automate troubleshooting, and prevent downtime, ultimately ushering in a new era of AI-driven network management for enterprise customers. Furthermore, the DYXnet team closely monitors industry trends and actively explores deep integration with leading Large Language Models (LLMs), including ChatGPT and DeepSeek, to enhance the performance of DYXnet’s SD-WAN and SASE services. Through these innovative approaches, DYXnet aims to address the challenges faced by modern enterprises while paving the way for future advancements in AI and machine learning within the telecommunications industry.

Senica Chen, DYXnet’s CEO, stated, “We’re thrilled to see that our devotion to AI development has received international recognition, reaffirming our faith in embracing the era of AI and preparing for the intelligent transformation of enterprises. The landscape of AI infrastructure is evolving rapidly, and a modernized infrastructure with effective connectivity is critical for enterprises to gain a competitive edge. Looking ahead, DYXnet will leverage the strong resources of our parent company, along with our extensive partner ecosystem in computing, data centers, and cybersecurity, to create comprehensive one-stop services that unleash the full potential of AI.”Hashtag: #DYXnet #AI


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

About DYXnet

DYXnet, established in 1999 in Hong Kong, became a wholly-owned subsidiary of VNET Group (NASDAQ: VNET) in 2014. It is a leading ICT service provider in Hong Kong and the Asia Pacific region, delivering innovative technologies and solutions to enterprises of all sizes and helping them fully embrace digital transformation.

DYXnet offers a comprehensive portfolio of services, including enterprise networks (MPLS and SD-WAN), cloud solutions, data center services, cybersecurity, and AI solutions, empowering businesses to realize their full potential. As a pioneer in the ICT field, DYXnet operates over 200 PoPs worldwide, covering more than 700 cities and serving over 30,000 client sites. DYXnet was among the first ICT service providers in the region to obtain prestigious ISO certifications, including ISO/IEC 27001, ISO/IEC 20000-1, and ISO 9001. Additionally, DYXnet is one of the inaugural official members of the China Cross-border Data Telecommunications Industry Alliance and has played a crucial role as one of the initial drafting units for SD-WAN service standards.

To learn more, please visit DYXnet’s website at: .

SMU Yong Pung How School of Law clinches double victory at prestigious international moot competitions

SINGAPORE, April 11, 2025 /PRNewswire/ — In an extraordinary display of advocacy, intellect and global competitiveness, law students from Singapore Management University (SMU) Yong Pung How School of Law (YPHSL) have delivered a remarkable double victory on the global stage. Within one weekend, SMU teams clinched top honours at two of the world’s most prestigious moot court competitions – the 66th Philip C. Jessup International Law Moot Court Competition in Washington, D.C., and the 22nd Willem C. Vis (East) International Commercial Arbitration Moot in Hong Kong SAR. 

These successes mark a significant milestone for SMU and Singapore’s legal education on the international stage. In particular, the Jessup championship was last won by a Singapore university in 2001. This momentous achievement not only elevates SMU Yong Pung How School of Law’s standing among the world’s premier legal education institutions but also serves as an inspiration for future generations of lawyers in the city-state. 

SMU Provost, Professor Alan Chan, said, “We are hugely proud of the teams! We know they are extremely talented, but the results show that we are not just being partial to our students! These well-earned victories also reflect the dedication and support of our faculty and staff, alumni, and the entire SMU Law community. The Law school will spare no effort in continuing to nurture globally attuned, practice-ready legal professionals through a rigorous curriculum and real-world exposure.” 

“Our teams’ stellar accomplishment affirms Yong Pung How School of Law’s position as a global powerhouse in advocacy and legal education, which is particularly meaningful this year as the University celebrates its 25th anniversary,” he added. 

Triumph at the 2025 Philip C. Jessup International Law Moot Court Competition 

On 5 April, Team SMU emerged as the World Champion at the 2025 Jessup Moot, which is the world’s largest and most prestigious moot court competition, drawing law students from across the globe to tackle pressing international legal challenges. This year’s Jessup moot saw fierce competition with record participation from 805 teams representing 104 jurisdictions. 

This is the fourth time SMU YPHSL has reached the final round of this competition since making its debut in the international rounds of this competition in 2013. It took first runner-up positions in 2013, 2014 and 2022, despite being one of the youngest law schools to compete. 

Considered one of the ‘grand slam’ international moots, the Jessup competition simulates a fictional dispute between countries before the International Court of Justice, the judicial organ of the United Nations. Each law school may send only one competing team, which presents written and oral arguments on complex international legal topics. Winners of national or regional qualifying rounds advance to the White & Case International Rounds in Washington, D.C. typically during the first week in April, where they compete for the coveted Jessup World Cup. 

Teams from Australia, India, Singapore and Ukraine advanced to the Semi-Final Round held on 4 April. In a thrilling culmination, SMU and the National University of Kyiv-Mohyla Academy ultimately faced off in the Final Round, where SMU prevailed as the final winner. 

The stellar SMU team – comprising final-year LLB undergraduates Lovein Sui, Elizabeth Ho, Genieve Wu, Raelee Toh and Erica Wee – impressed judges of the International Court of Justice with their masterful legal reasoning, poise, and advocacy. Additionally, Erica was named Best Oralist of the competition. The team was coached by a dedicated team of alumni coaches, led by SMU Assistant Professor of Law Nicholas Liu

Victory at the 2025 Willem C. Vis International Commercial Arbitration Moot 

Barely a day later in Hong Kong, SMU mooters also took to the podium at the 22nd Willem C. Vis (East) International Commercial Arbitration Moot, after nine rounds of intense competition. The victory marks SMU’s third championship title at Vis (East) since debuting in the competition in 2010, having previously won in 2022 and 2015. The University also achieved podium finishes in 2016, 2017, 2018, 2019, and 2020. 

The Vis (East) team from the SMU comprised Juris Doctor students Samantha Loh and Aishwarya Salkade, and law undergraduates Jonathan Teo and Adele Ling and Evangeline Han

The Vis (East) Moot is the sister competition to the prestigious Willem C. Vis International Commercial Arbitration Moot in Vienna. As international commercial transactions and cross-border disputes continue to rise across Asia, Vis (East) offers law students, academics, and practitioners exposure to global arbitration and international trade law—through an Asian lens. 

After a compelling showdown with the National Law University Delhi in the Final Round, SMU was declared the champion. The team also achieved several other accolades: 

  • SMU won the Eric E Bernsten Award for the School prevailing in the Oral Arguments  
  • For written memorial, SMU received Honourable Mentions for both Claimant and Respondent 
  • Jonathan Teo was awarded Honourable Mention for Best Oral Advocate  

About SMU Yong Pung How School of Law’s record of excellence

A key factor driving the moot success at SMU YPHSL is the Ian R Taylor International Moots Programme, which has firmly established the law school on the global stage. This programme has nurtured generations of mooters who have earned numerous world-class accolades, enabling it to consistently excel at the most prestigious international moots.

YPHSL is consistently ranked among the top three law schools worldwide for international moots, according to the Nica.team Law School Ranking. The School is also the tournament leader in prominent competitions such as the International Criminal Court (Hague), Price Media Law (Oxford), Frankfurt Investment, and Vis East (Vienna) moots. SMU teams have consistently excelled in the Jessup (Washington), Mandela, and LAWASIA competitions, among many others.

Just a few weeks ago, SMU won the 23rd Red Cross International Humanitarian Law (IHL) Moot (Asia-Pacific Region) held between 12 and 15 March 2025 in Hong Kong. In 2024, SMU mooters claimed world championship titles in the International Criminal Court (ICC) moot court competition held in The Hague, Netherlands; Refugee Migration; Fletcher; and Perera competitions. Additionally, SMU teams reached the world championship finals in the Price, Stetson, and Mandela competitions, while achieving their maiden win in the Lachs Space moot.

Annex 1: Photo of the victorious SMU team at the 2025 Jessup moot held in Washington D.C.

The victorious SMU team at the 2025 Jessup moot held in Washington D.C. (Front row, L-R) Raelee Toh, Erica Wee, Elizabeth Ho, Genieve Wu.  (Back row, L-R) Alexander Kamsany Lee, Fu Qiyuan, Lovein Sui, Assoc Prof Chen Siyuan (who oversees the training of SMU’s mooting teams as Director of SMU’s Ian R. Taylor International Moots Programme, assisted by Alexander Kamsany Lee.)  Absent in photo - Asst Prof Nicholas Liu, who coached the team together with Fu Qiyuan.  [Photo credit: Chen Siyuan]
The victorious SMU team at the 2025 Jessup moot held in Washington D.C. (Front row, L-R) Raelee Toh, Erica Wee, Elizabeth Ho, Genieve Wu. (Back row, L-R) Alexander Kamsany Lee, Fu Qiyuan, Lovein Sui, Assoc Prof Chen Siyuan (who oversees the training of SMU’s mooting teams as Director of SMU’s Ian R. Taylor International Moots Programme, assisted by Alexander Kamsany Lee.) Absent in photo – Asst Prof Nicholas Liu, who coached the team together with Fu Qiyuan. [Photo credit: Chen Siyuan]

Annex 2: Photo of the winning SMU team at the 2025 Vis (East) moot held in Hong Kong

The winning SMU team at the 2025 Vis (East) moot held in Hong Kong. (L-R) Jonathan Teo, Aishwarya Salkade, Adele Ling, Evangeline Han, Samantha Loh; with coaches Suryanarayanan Jayakumar and Tan Jun Hong  [Photo credit: SMU]
The winning SMU team at the 2025 Vis (East) moot held in Hong Kong. (L-R) Jonathan Teo, Aishwarya Salkade, Adele Ling, Evangeline Han, Samantha Loh; with coaches Suryanarayanan Jayakumar and Tan Jun Hong [Photo credit: SMU]

About Singapore Management University

Established in 2000, Singapore Management University (SMU) is recognised for its disciplinary and multi-disciplinary research that address issues of global relevance, impacting business, government, and society. Its distinctive education, incorporating innovative experiential learning, aims to nurture global citizens, entrepreneurs and change agents. With more than 13,000 students, SMU offers a wide range of bachelors, masters and PhD degree programmes in the disciplinary areas associated with six of its seven schools – Accountancy, Business, Economics, Computing, Law and Social Sciences. Its seventh school, the SMU College of Integrative Studies, offers a bachelor’s degree programme in deep, integrative interdisciplinary education. SMU also offers a growing number of executive development and continuing education programmes. Through its city campus, SMU focuses on making meaningful impact on Singapore and beyond through its partnerships with industry, policy makers and academic institutions. www.smu.edu.sg

About SMU Yong Pung How School of Law

SMU’s law school was renamed Yong Pung How School of Law (YPHSL) on 11 April 2021 to celebrate and honour the late Dr Yong Pung How, Singapore’s former Chief Justice and SMU’s third Chancellor. 

The law school had proudly welcomed its first cohort of 116 students in August 2007.  Taught by a dynamic faculty with postgraduate degrees from renowned universities, the School aims to nurture its students to become excellent lawyers who will contribute significantly to society.  Trained with the ability to contextualise legal expertise and to think across disciplines and geographical borders coupled with SMU’s interactive pedagogy, SMU’s law graduates are confident, articulate and analytically agile.

The School offers a four-year full-time Bachelor of Laws programme, a five-year double-degree programme which combines law with Accountancy, Business, Economics, Computing & Information Systems or Social Sciences; a three-year Juris Doctor programme; a Master of Laws programme; a PhD programme in Law, Commerce and Technology; as well as continuing legal education.  From Academic Year 2020-2021, the School also jointly offers a new Bachelor of Science (Computing & Law) with the SMU School of Computing and Information Systems. This new degree will produce IT and legal professionals who are adept at bridging technology and law.

Research at the SMU YPHSL has a strong focus in three main inter-related areas – Law and Technology, Transnational Commercial law in Asia, and Dispute Resolution. The School has also set up legal research centres focusing on A.I. and data governance, computational law, commercial law, and international dispute resolution.  www.law.smu.edu.sg

137th Canton Fair to Open April 15 with Record Export Exhibitor Turnout and New Thematic Zones Debut

GUANGZHOU, China, April 11, 2025 /PRNewswire/ — The 137th China Import and Export Fair (Canton Fair), one of the world’s largest trade events, will kick off on April 15 and run through May 5 in Guangzhou, China. At the press conference hosted by China’s Ministry of Commerce, key highlights of the Fair were unveiled. Covering approximately 1.55 million square meters, the Fair will feature around 74,000 booths and welcome about 31,000 exhibitors. Notably, the number of National Pavilion exhibitors will surpass 30,000 for the first time, up nearly 900 from the previous session.


The 137th Canton Fair will present a broader scope of exhibition themes, with each of its three phases spotlighting a distinct focus: “Advanced Manufacturing,” “Quality Home Life,” and “Better Life.” The event will feature 55 exhibition sections and 172 product zones in total. A dedicated service robot zone will debut in the first phase, showcasing a diverse array of robotic solutions for personal, domestic, and professional use. A new section for integrated housing will also be introduced.

Furthermore, the Fair boasts higher quality participation with over 4,200 new exhibitors. Among all the exhibitors, more than 9,700 participating companies have earned national titles, such as specialized and sophisticated small and medium enterprises, manufacturing single champions, national high-tech enterprises, marking a 20% increase from the 136th session. Nearly 3,700 companies focus on new energy vehicles, lithium batteries, solar cells, digital technology, and intelligent manufacturing. Additionally, more than 17,000 exhibitors will showcase their own brands, and nearly 22,000 companies have obtained various international certifications.

The Canton Fair App, an essential tool for both onsite and online engagement, has been widely downloaded since its launch. This year, the App will be upgraded with separate versions for buyers and suppliers, offering more targeted features and improved functionality. In parallel, the online platform’s service offerings have been enhanced, and the trade matchmaking system has been restructured to streamline the matchmaking process, boosting both efficiency and accuracy.

To better serve exhibitors and buyers, the Fair will host over 1,000 trade promotion activities during the Fair. Highlights include 18 industry-focused conferences and forums, around 400 new collection events, more than 590 “Trade Bridge” matchmaking events, and 20 “Discover Canton Fair with Bee and Honey” livestreaming activities.

To download the Canton Fair App, please visit https://cief.cantonfair.org.cn/en/app/appintro.html.

Yiren Digital’s “Zhiyu Large Model” Gains Regulatory Approval for Commercial Use, Marking New Milestone in AI Innovation

BEIJING, April 11, 2025 /PRNewswire/ — Yiren Digital Ltd. (NYSE: YRD) (“Yiren Digital”), an AI-powered platform providing a comprehensive suite of financial and lifestyle services in China, today announced that its proprietary “Zhiyu Large Model” (智语大模型) has received regulatory approval for commercialization through the successful filing under Interim Measures for the Management of Generative Artificial Intelligence Services. This milestone highlights Yiren Digital’s leadership in AI innovation, enabling the commercial deployment of secure and efficient intelligent solutions across diverse business applications.

The Zhiyu Large Model, a versatile foundation model, leverages Yiren Digital’s advanced AI capabilities to deliver a range of solutions, including real-time content processing and analysis, automated contract review, multilingual translation, intelligent Q&A and code generation capabilities. These features have been integrated into the company’s core workflows such as meeting management, legal document review, and tax/financial operations, driving measurable efficiency gains and fostering a smarter digital workplace.

Building on this success, Yiren Digital will actively broaden the model’s applications across diverse business scenarios, with particular focus on enhancing consumer-facing (2C) interactions. The goal is to deliver more natural and human-like engagement through AI-powered interfaces. Future integration with customer service systems will further elevate responsiveness and overall service quality.

Since its inception, Yiren Digital has consistently prioritized technological innovation and has developed a suite of seven proprietary AI systems that form the backbone of its operations, including the DiTing intelligent decision-making system, LingShu intelligent marketing platform, QingNiao smart customer service solution, and ZhuQue intelligent fund routing platform. The ZhuQue platform exemplifies the company’s technological prowess, employing sophisticated algorithms to optimize fund allocation based on dynamic analysis of borrower credit profiles, partner risk parameters, and cost structures. This system alone generated annual cost savings of RMB 44 million for the year 2024. With the commercial approval of the Zhiyu Large Model, Yiren Digital anticipates accelerated enhancement of its existing systems and smoother realization of its comprehensive AI commercialization strategy.

The regulatory approval positions Yiren Digital among an elite group of innovators. As of April 10, 2025, only 128 generative AI services in Beijing had successfully completed the filing process. Earlier this year, Yiren Digital became a member of China’s Artificial Intelligence Industry Alliance (AIIA), recognized for its cutting-edge advancements in AI development and applications. The company was also recognized among 2024 “Beijing’s Top 100 Software and Information Services Enterprises” and won the 2024 “Golden FinTech” Excellence Award by CAICT.

About Yiren Digital

Yiren Digital Ltd. is an advanced, AI-powered platform providing a comprehensive suite of financial and lifestyle services in China. Our mission is to elevate customers’ financial well-being and enhance their quality of life by delivering digital financial services, tailor-made insurance solutions, and premium lifestyle services. We support clients at various growth stages, addressing financing needs arising from consumption and production activities, while aiming to augment the overall well-being and security of individuals, families, and businesses.

Yum China to Report First Quarter 2025 Financial Results

SHANGHAI, April 11, 2025 /PRNewswire/ — Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, “Yum China” or the “Company”) today announced that it will report its unaudited financial results for the first quarter ended March 31, 2025 before the U.S. market opens on Wednesday, April 30, 2025 (after the trading hours of the Hong Kong Stock Exchange on Wednesday, April 30, 2025).

Yum China’s management will hold an earnings conference call at 7:00 a.m. U.S. Eastern Time on Wednesday, April 30, 2025 (7:00 p.m. Beijing/Hong Kong Time on Wednesday, April 30, 2025).

A live webcast of the call may be accessed at https://edge.media-server.com/mmc/p/jnrqo5nh

To join by phone, please register in advance of the conference through the link provided below. Upon registering, you will be provided with participant dial-in numbers and a unique access PIN.

Pre-registration Link: https://register-conf.media-server.com/register/BId802dc952e3f40ed86f25771a575618c 

A replay of the webcast will be available two hours after the event and will remain accessible until April 29, 2026. Additionally, earnings release accompanying slides will be available at the Company’s Investor Relations website http://ir.yumchina.com.  

About Yum China Holdings, Inc. 

Yum China is the largest restaurant company in China with a mission to make every life taste beautiful. The Company operates over 16,000 restaurants under six brands across around 2,200 cities in China. KFC and Pizza Hut are the leading brands in the quick-service and casual dining restaurant spaces in China, respectively. In addition, Yum China has also partnered with Lavazza to develop the Lavazza coffee concept in China. Little Sheep and Huang Ji Huang specialize in Chinese cuisine. Taco Bell offers innovative Mexican-inspired food. Yum China has a world-class, digitalized supply chain which includes an extensive network of logistics centers nationwide and an in-house supply chain management system. Its strong digital capabilities and loyalty program enable the Company to reach customers faster and serve them better. Yum China is a Fortune 500 company with the vision to be the world’s most innovative pioneer in the restaurant industry. For more information, please visit http://ir.yumchina.com.

Investor Relations Contact
Tel: +86 21 2407 7556
E-mail: IR@yumchina.com 

Media Contact
Tel: +86 21 2407 8288 / +852 2267 5807
E-mail: Media@yumchina.com