SHANGHAI, Aug. 27, 2025 /PRNewswire/ — Discovery Expedition, the renowned global premium outdoor brand, has appointed Chinese actor, singer, and dancer Tan Jianci as its Global Brand Endorser, reinforcing its pioneering vision of “Technical Lifestyle Wear” for a new generation.
Anchored in the spirit of discovery, the brand guides consumers toward a richer, more nuanced reality by seamlessly integrating outdoor experiences with everyday life. This tech-oriented outdoor lifestyle is no longer confined to the distant journeys of backpackers; it’s transformed into an integral part of the modern urban elite’s daily routine. Discovery Expedition blends technical innovation with premium lifestyle aesthetics, offering smart wear solutions that are both attractive and feminine.
As a multi-hyphenate artist, Tan Jianci navigates acting, music, and dance with seamless versatility, embodying a spirit of discovery that expands the possibilities of everyday life. He redefines “outdoor” beyond distant adventures, integrating it into daily routines—whether spending time outdoors playing with his pet or stepping outside between filming schedules to capture beautiful moments in nature. His keen sensitivity to life’s details and unwavering passion for discovering elegantly embody the advanced spirit of Discovery Expedition’s “Tech-oriented Outdoor Lifestyle”, demonstrating that the outdoors can be embraced anytime, anywhere.
Discovery Expedition’s Fall 2025 Collection features advanced technical fabrics and refined silhouettes tailored for modern consumers. Within its in-house technology hub, Discovery Labs, proprietary technologies such as BERTEX™ waterproofing are developed to elevate both smart wear and lifestyle comfort with everyday living in mind. Complementing these innovations, Discovery Expedition also incorporates globally recognized premium fabrics, including GORE-TEX and POLARTEC, to establish a comprehensive technology matrix, redefining premium technical outdoor fashion with versatile functionality and refined elegance.
Looking ahead, Discovery Expedition will continue to partner with Global Brand Endorser Tan Jianci. United by the spirit of discovery, they aim to inspire life’s journeys and usher in a new chapter of discovery. With each new endeavor, Discovery Expedition strives to empower individuals to live smartly, connect deeply, and embrace boundless possibilities.
The Next Generation of HID’s FIDO Portfolio Features Hardware Authenticators and a Centralized Management Experience that Simplifies Passkey Deployment
HONG KONG SAR – Media OutReach Newswire – 27 August 2025 – HID, a global leader in trusted identity and access control solutions, has announced a new line of FIDO-certified credentials—now powered by the new Enterprise Passkey Management (EPM) solution— designed to help organizations deploy and manage passkeys at the enterprise scale. New research from FIDO Alliance shows that while 87% of enterprises are adopting passkeys, nearly half of those that are yet to deploy cite complexity and cost concerns as primary barriers. HID’s solution streamlines the shift to passwordless authentication.
Seos® FIDO-Enabled Card enables secure access to both physical spaces and business applications.
This next phase of HID’s passwordless authentication roadmap gives enterprises choice, flexibility, and speed to deploy FIDO without compromising user experience or security posture. The expanded portfolio delivers phishing-resistant authentication with enterprise-grade lifecycle management, making scalable passwordless security accessible to organizations of all sizes. The solution works seamlessly across diverse work environments while reducing IT support requirements through centralized visibility and control.
Unlock Enterprise-Grade Passkey Management – at scale
Rolling out FIDO across the enterprise isn’t just about secure hardware—it’s about control, continuity, and compliance. HID’s new subscription-based solution empowers IT and IAM leaders to drive passwordless adoption at scale—securely, efficiently, and with full administrative oversight.
With HID’s Enterprise Passkey Management, you can:
Remotely initiate and manage provisioning — Issue FIDO credentials on behalf of users to reduce manual effort, end user training requirements and accelerate deployment.
Gain full lifecycle visibility — Manage issuance, revocation and audit trails at scale to support compliance and operational efficiency.
Physical access control support
Organizations facing the inefficiencies and complexity of managing physical and logical access separately can now address these challenges with HID’s one-card solution. Combining HID’s robust physical access control portfolio with FIDO-based, passwordless authentication, the solution enables secure access to both physical spaces and business applications. This unified approach streamlines deployment and management, driving higher workforce productivity and operational efficiency.
Seos® FIDO-Enabled Card – Combines Seos physical access technology with phishing-resistant FIDO 2.1 authentication in a secure, single credential.
MIFARE DESFire EV3 FIDO-Enabled Card – Integrates advanced DESFire EV3 smart card technology with FIDO 2.1 support for unified access.
“As the line between physical and logical access continues to fade, organizations are increasingly seeking trusted partners to help streamline the credential management across both domains,” said Jerry Wang, Head of Physical Access Control Solutions, North APAC at HID. “With our proven strength in trusted identity and access control solutions, we’re well-positioned to help organizations make that transition securely and efficiently with HID’s one-card solution.”
The Seos FIDO-Enabled Card and MIFARE DESFire EV3 FIDO-Enabled Card are now available to order.
For more information, visit the website. Hashtag: #HID #FIDO #credentials
The issuer is solely responsible for the content of this announcement.
About HID
HID powers the trusted identities of the world’s people, places and things. We make it possible for people to transact safely, work productively and travel freely. Our trusted identity solutions give people convenient access to physical and digital places and connect thingsthat can be identified, verified and tracked digitally. Millions of people around the world use HID’s products and services to navigate their everyday lives, and billions of things are connected through HID’s technology. We work with governments, educational institutions, hospitals, financial institutions, industrial businesses and some of the most innovative companies on the planet.
Headquartered in Austin, Texas, HID has over 4,500 employees worldwide and operates international offices that support more than 100 countries. HID is an ASSA ABLOY Group brand. For more information, visit www.hidglobal.com.
HO CHI MINH CITY, Vietnam, Aug. 27, 2025 /PRNewswire/ — Cake Digital Bank (Cake), Vietnam’s leading digital-only bank, has been named “Best Digital Bank of the Year” by International Banker, a UK-based financial publication. This recognition highlights Cake’s pioneering role in applying cutting-edge technology and artificial intelligence (AI) to banking operations, while showcasing the strength of a fully “make in Vietnam” digital banking platform.
International Banker Banking Awards annually celebrate the world’s leading financial institutions, evaluating innovation, efficiency, technology adoption, and customer service excellence. Cake’s recognition highlights its international credibility while reflecting Vietnam’s rising position in the region’s digital economy.
“This award marks not only a milestone for Cake but also a breakthrough for Vietnam’s digital banking industry,” said Nguyen Huu Quang, CEO of Cake. “It proves that a homegrown digital bank can reach global standards. We will continue to advance our technology and deliver smarter, more seamless financial experiences to millions of customers.”
Cake provides a full range of banking services, including payment accounts, savings, credit cards, consumer loans, and innovative financial solutions. These offerings are powered by more than 100 proprietary AI models, applied across transaction processing, customer service, credit scoring, and risk management.
With this AI-driven foundation, Cake is able to process millions of credit applications every month, achieving an average approval time of just 2 minutes, while serving more than 6 million users nationwide.
All core systems and AI applications are developed and operated entirely by Vietnamese engineers, backed by international security certifications such as PCI DSS 4.0, ISO/IEC 27001:2022, FIDO2, and ISO/IEC 30107-3 Level 2. This demonstrates not only technological mastery but also Cake’s commitment to global standards of safety and innovation.
In February 2025, Cake was named “Best Digital Bank in Vietnam” by The Asian Banker and recognized among the World’s Top 100 Digital Banks, as the only Vietnamese representative. These consecutive honors reaffirm Cake’s position as a Next Gen AI Bank and a leading digital financial institution in Southeast Asia.
SINGAPORE – Media OutReach Newswire – 27 August 2025 – Marking 30 years of excellence in education, EtonHouse International Education Group, together with E-Bridge Pre-School, has pledged $3 million over the next three years in support of the EtonHouse Community Fund (ECF), an IPC charity, to strengthen its impact on children and families in need. This new pledge builds on their long-standing commitment to giving back, with EtonHouse and E-Bridge having jointly contributed close to $5 million to ECF since its inception during the Group’s 20th anniversary. From its humble beginnings on Broadrick Road in Singapore to a global network of over 100 schools across 9 countries, this milestone underscores EtonHouse’s enduring mission to deliver transformative education while uplifting communities.
EtonHouse International Group 30th Anniversary Dinner & Dance
A Visionary Journey
The EtonHouse story began in 1995, when founder Dr. Ng Gim Choo, inspired by her daughter’s learning experience in the UK, established the first EtonHouse school in Singapore. Her vision was to create a joyful, nurturing environment that would foster a love for learning.
“What brings me the greatest joy is not the number of schools we’ve opened, but the heartfelt stories from parents, about children who wake up excited for school, who love learning, and who thrive in life,” reflected Dr. Ng. “It’s the success we see in each child that makes this journey meaningful.”
Global Growth with Local Impact
Today, the Group’s portfolio spans pre-schools, international schools, enrichment and after-school care, with offerings ranging from premium to affordable options to ensure more families have access to quality education. As an Anchor Operator, EtonHouse operates high-quality quality affordable pre-schools through E-Bridge Pre-Schools. Expansion continues with new campuses planned in Saudi Arabia and Bangkok, Thailand.
Since taking the helm in 2020, Group CEO Mr. Ng Yi-Xian has broadened the Group’s offerings to include Middleton International School, delivering affordable international education, and The Eton Academy, a transformative tuition centre, which expanded in 2025 with Elevate After School Care, offering holistic support for primary school children. Under his leadership, EtonHouse is not only expanding its educational reach but also pursuing a bold vision to grow into a billion-dollar organisation, leveraging both international expansion and diversification of services to achieve sustainable scale.
“As we celebrate 30 years of educational innovation, our mission remains unchanged, to prepare children not just for today’s world, but for the future they will help shape,” said Mr. Ng Yi-Xian. “We will continue to blend proven educational philosophies with cutting-edge technologies to nurture confident, curious, and compassionate global citizens.”
A Night to Remember: Celebrating with 800+ Staff
A highlight of the anniversary celebrations was the EtonHouse Staff Dinner & Dance held at Shangri-La Hotel on 23rd August 2025, where over 800 guests, including colleagues from overseas campuses, gathered to commemorate the Group’s journey. The event was graced by Mr Goh Pei Ming, Minister of State for Social and Family Development, as the Guest of Honour.
With over 5,000 staffglobally, this celebration honours the people at the heart of the organisation, its passionate educators and dedicated team members, whose efforts have shaped the lives of thousands of children over the years.
A Commitment to Community
EtonHouse continues to champion social responsibility through the EtonHouse Community Fund (ECF), an IPC charity founded in 2015 during the Group’s 20th anniversary to extend its mission beyond classrooms and campuses. Guided by Dr. Ng’s belief in the power of education to uplift lives, ECF addresses pressing social issues: nearly a quarter of households in Singapore live in relative poverty, and over 22,000 children grow up in public rental flats, facing challenges that leave them disadvantaged in both educational access and readiness.
ECF promotes social mobility by empowering children and youth from low-income families to succeed through education and holistic support, ensuring a fairer starting point for all. Its programmes—from the Joyful Learning Reading Programme to the ECF CARES Bursary and Youth Study Sponsorship—support children from pre-school to post-secondary, nurturing confidence, resilience, and academic progress.
The impact is clear. Children achieve stronger academic and developmental outcomes, while families gain renewed hope and aspirations. Parents speak of children blossoming in confidence, while youths supported by ECF pursue higher education to break the cycle of poverty for their families.
Over the next three years, ECF aims to raise $7 million to empower nearly 7,000 children and youth, sparking a ripple effect that transforms not only individual lives, but also families and communities for years to come.
30 Years in Motion: Celebrating with Purpose
In tandem with its anniversary, EtonHouse has launched a community-wide challenge, “30 Years in Motion”, encouraging students, staff, and families to collectively walk or run 30,000 kilometres by December 2025. This symbolic journey of movement and giving aligns with the Healthier SG initiative and aims to raise funds for children in need. Every kilometre is matched by a minimum donation and supported by Tote Board’s matching grant.
“Education and charity go hand in hand,” said Dr. Ng. “If I can inspire more people to give back through our shared passion, I will continue to do so wholeheartedly.”
Looking Ahead
As EtonHouse celebrates its 30th anniversary, it remains focused on shaping the future of education. The Group continues to evolve, driven by a deep commitment to innovation, equity, and excellence in learning.
“We look forward to many more decades of inspiring and shaping future generations,” said Mr. Ng. “The journey continues, and we’re just getting started.” Hashtag: #EtonHouse
The issuer is solely responsible for the content of this announcement.
About EtonHouse International Education Group
EtonHouse International Education Group, headquartered in Singapore, operates more than 100 schools in 9 countries, including over 40 campuses in Singapore, catering to a diverse spectrum of students in both premium and affordable educational spaces.
The collective efforts impact the lives of over 25,000 children worldwide, reaffirming the commitment to delivering exceptional education on a global scale. With a legacy spanning nearly three decades, EtonHouse has consistently led the way in the realm of international education, offering innovative pre-schools and K-12 schools that nurture a close-knit family environment.
The educational philosophy, rooted in inquiry-based learning inspired by the renowned Reggio Emilia approach, is encapsulated in the “Inquire-Think-Learn” curriculum. EtonHouse International Schools are celebrated for their bilingual programmes and proudly offer internationally recognised qualifications such as IBPYP, IGCSE, and International A-Level certifications.
Its commitment to excellence has earned the Group numerous accolades, including:
E-Bridge successfully earned multiple accolades for teaching excellence and innovation from the ECDA Awards for Excellence in Early Childhood Development from 2019-2024
E-Bridge Pre-School Bukit Panjang clinched the “Outstanding Centre for Teaching and Learning Award” in 2019.
E-Bridge educators were commended with “Outstanding Early Childhood Teacher Award” in 2021
Clinched “Promising Infant Educator Award & Early Childhood Innovation Award” in 2022.
E-Bridge Pre-School SengKang Square won the “Outstanding Centre for Teaching and Learning Award” in 2023
Clinched the “Outstanding Centre for Teaching and Learning Award” for E-Bridge Pre-School Sengkang Square and “Outstanding Early Intervention Professional” in 2024.
EtonHouse International School Suzhou, an IB K-12 school, garnered recognition as one of China’s top international schools, according to a research firm based in Washington, DC.
In 2023, EtonHouse China won the ‘Forbes China Best International Education Group Award.’
In 2024, EtonHouse received the esteemed HoneyKids Singapore Education Awards, achieving Gold for “Best Bilingual Programme”, Silver for “Best Small School in Singapore” and clinched both Gold and Silver for “Principal of the Year (Kindergarten).
At EtonHouse, collaboration with governments is a cornerstone of its mission. The partnerships include:
Participation in Singapore’s Anchor Operator (AOP) Scheme, launching E-Bridge Pre-School in 2014 to deliver top-notch infant care and pre-school education for children aged 2 months to 6 years across a network of 28 centres.
The expansion of EtonHouse’s presence in Suzhou and Nanjing, China came at the invitation of the Jiangsu provincial government, reinforcing its commitment to global education.
Won an Economic Development Board tender in 2017 and introduced Middleton International School, offering an affordable schooling option for expatriate families.
In 2015, the EtonHouse Community Fund (ECF) was established, dedicated to enhancing the lives of underserved children and youth through education.
The Eton Academy was launched in 2020, providing English, Maths, and Science academic programmes for Nursery 1 to Primary 6 in centres across the island. Building on this success, The Eton Academy expanded in 2025 with the introduction of Elevate After School Care, offering primary school children a holistic, well-rounded after-school experience that complements their academic development.
EtonHouse International Education Group remains unwavering in its commitment to shaping futures and making a meaningful impact on the world through education.
PHNOM PENH, Cambodia, Aug. 27, 2025 /PRNewswire/ — Plug and Play Cambodia, in partnership with the Ministry of Post and Telecommunications (MPTC) and AUPP Technology Center (ATC), will be hosting its inaugural Community Series: Scale and Connect at ATC on 2 September 2025. Open to the public, this inaugural ecosystem event marks a significant milestone in Plug and Play’s mission to drive innovation and empower Cambodia’s rapidly growing startup ecosystem.
Designed to equip Cambodian startups with the knowledge, connections, and inspiration to scale across the region and beyond, this half-day event brings together founders, corporate leaders, investors, and government stakeholders. The agenda features a workshop on successful business expansion, a regional market insights panel focused on Southeast Asia, a Startup Open Mic session for founders to pitch their ideas, and networking opportunities to spark new collaborations.
Plug and Play, a Silicon Valley-based global open innovation platform, has an established presence in Asia Pacific through its Singapore headquarters, connecting corporates, startups, and venture capitalists within its vast ecosystem. Its expansion into Cambodia reaffirms the organization’s commitment to nurturing high-potential markets and accelerating growth through strategic collaboration and global reach.
“Through our Community Series and the partnerships we’ve built with MPTC and ATC, Plug and Play aims to empower local startups with the resources, networks, and expertise they need to scale regionally and internationally. Founders, corporates, and investors are welcome to join us at this event and be part of shaping Cambodia’s innovation story,” said Jupe Tan, Managing Partner, Plug and Play APAC.
“Cambodia’s startup scene is entering a new chapter—defined by partnership, investment, and regional scale,” said H.E. So Visothy, Secretary of State, Ministry of Post and Telecommunications of Cambodia. “Together with Plug and Play and the AUPP Technology Center, we are connecting startup founders to global networks and opportunities to grow across ASEAN and beyond. We invite corporate leaders and investors to join us in turning Cambodia’s talent and ideas into world-class companies. By nurturing innovation and bold ideas, we are laying the groundwork for Cambodia to become a regional hub for entrepreneurship and digital innovation—strengthening the startup ecosystem, driving regional leadership, and shaping not just the future of startups, but the future of Cambodia’s economy as a whole.”
As Plug and Play Cambodia officially begins its journey with support from MPTC and ATC, this Community Series event represents the beginning of a broader effort to accelerate innovation, attract investment, and enable Cambodian startups to scale internationally through its Silicon Valley connections and global ecosystem.
Plug and Play is the leading innovation platform, connecting startups, corporations, venture capital firms, universities, and government agencies. Headquartered in Silicon Valley, we’re present in 60+ locations across five continents. We offer corporate innovation programs and help our corporate partners in every stage of their innovation journey, from education to execution. We also organize startup acceleration programs and have built an in-house VC to drive innovation across multiple industries, where we’ve invested in hundreds of successful companies including Dropbox, Guardant Health, Honey, Lending Club, N26, PayPal, and Rappi.
Our Asia Pacific headquarters was launched in Singapore in 2010 and we are now present in five cities in Southeast Asia with additional locations in China, Japan, Korea and India. We work closely with both the public and private sector with programs, innovation initiatives, and startup investments across the region.
About the Ministry of Post and Telecommunications (MPTC)
The Ministry of Post and Telecommunications (MPTC) is the government ministry managing Cambodia’s postal and telecommunications systems. Based in Phnom Penh, MPTC promotes effective network infrastructure connectivity and accessible services of Post, Telecommunications, and ICT sectors across the Kingdom of Cambodia, the region, and the world in order to contribute to socioeconomic development.
MPTC focuses on expanding effective, reliable, and secure infrastructure, modernizing services, and ensuring nationwide coverage. The ministry promotes digital development at all levels of government to enhance public service delivery, supports ICT awareness and capacity building, encourages investment and R&D, and upholds regulatory compliance to ensure fair competition and consumer protection.
The AUPP Technology Center (ATC) is a platform where technology startups, corporates, and professionals can create value and unlock potential. By providing space, resources, guidance, and mentorship to selected tech startups in Cambodia, ATC helps propel them to a global scale, contributing to the transformation of the Cambodian digital economy. At the same time, global technology companies gain access to Cambodia’s growing market and emerging talent through ATC.
ATC is also home to the Center of Leadership and Professional Development (CLPD), which hosts professional and leadership training programs focused on corporate and leadership development. These programs bridge skill gaps along the corporate growth journey by developing industry-specific and key management capabilities, equipping Cambodian professionals and employers with world-class learning and development solutions.
SINGAPORE, Aug. 27, 2025 /PRNewswire/ — Long Bridge Securities Pte. Ltd. (Longbridge Singapore), an AI-driven online brokerage platform regulated by the Monetary Authority of Singapore (MAS), has been awarded the prestigious ‘Investment Tech of the Year’ accolade at the Asia FinTech Awards 2025. The award recognizes Longbridge’s industry-leading innovation and its transformative impact on the retail investment landscape through cutting-edge, accessible technology.
The Asia FinTech Awards celebrate the most groundbreaking fintech companies and solutions shaping the future of financial services across the Asia-Pacific region. Longbridge was honored for its exceptional product development, rapid growth, and its successful integration of advanced artificial intelligence to empower investors of all levels.
Sustained Growth and Deepened Market Impact
This award follows a period of remarkable expansion for Longbridge. Building on its 2024 performance, which saw a 450% surge in user assets and a 220% increase in active users, the platform has continued its upward trajectory in 2025. Its flagship Longbridge 0 Commission* offering has further solidified its position as a cost-leader, saving clients a cumulative total of over USD 20 million in trading fees in 2024 alone. Longbridge remains the only brokerage in Singapore to offer zero-commission trading across US, Hong KongSAR, and Singapore markets.
Pioneering the Next Generation of Investment Tools
The ‘Investment Tech of the Year’ award specifically highlights Longbridge’s relentless pace of innovation. The company’s cloud-native architecture has enabled the rapid deployment of new features, including the highly successful rollout of overnight trading and fractional share investing, which have dramatically increased market accessibility.
A key differentiator cited by the awards jury was Longbridge’s advanced application of AI. PortAI, the platform’s intelligent financial assistant, has now surpassed 1 million user interactions, cementing its role as a core utility for users navigating markets and managing portfolios.
Furthermore, Longbridge’s suite of OpenAPI tools for advanced users has set a new industry standard. Innovations like the Model Context Protocol (MCP), which allows for natural language trade execution, and LLMs Text, for generating AI-assisted trading strategies, demonstrate Longbridge’s commitment to building a next-generation fintech infrastructure for global investors.
“We are incredibly proud to receive the ‘Investment Tech of the Year’ award. It is a powerful validation of our team’s vision to make investing more accessible through technology,” said Xu Shengyu, CEO of Longbridge Securities. “Our focus has always been on solving real problems for investors—removing cost barriers, simplifying complex information with AI, and providing advance tools to everyone. This award fuels our commitment to continue pushing the boundaries of what a brokerage platform can achieve for its users.”
*Other fees apply.
About Longbridge Singapore
Long Bridge Securities Pte. Ltd. (“Longbridge Singapore”) is a licensed entity regulated by the Monetary Authority of Singapore (“MAS”) under Capital Markets Services Licence No. CMS101211. It holds a capital markets services licence for dealing in capital markets products, including securities, units in a collective investment scheme, and exchange-traded derivative contracts, and is also an exempt financial adviser. Longbridge Singapore is dedicated to driving financial technology innovation, enabling individuals to benefit from lower barriers to entry and reduced costs, thereby enhancing the overall global investment experience.
Disclaimer:
Long Bridge Securities Pte. Ltd. (Co. Reg. No. 202111825D) (“Longbridge Singapore”) provides an execution-only service. The information provided in this article is intended for general informational purposes only and should not be interpreted as investment advice, an offer, or a recommendation to buy or sell any financial instruments or securities. This content does not consider your individual holdings, financial circumstances, or investment objectives and may not be suitable for all investors. You should review the relevant promotional terms and consult an independent financial adviser if you are unsure about the suitability of any investment.
All investments carry risk, including the potential loss of principal. Market conditions, including volatility and liquidity, may impact the execution of trading strategies or features.
Longbridge Singapore makes no representation or warranty as to the accuracy or completeness of the information provided and accepts no liability for any loss or damage (whether direct, indirect, or arising from negligence) resulting from reliance on or actions taken based on this information.
Where personal data is used in connection with features such as PortAI, all data is processed and protected in accordance with the Personal Data Protection Act of Singapore. Longbridge Singapore implements safeguards to ensure the secure handling, storage, and use of client data, and does not share personal data with third parties without consent.
Please refer to the relevant terms and conditions on our website for more details.
This advertisement has not been reviewed by the Monetary Authority of Singapore.
SINGAPORE, Aug. 27, 2025 /PRNewswire/ — On August 21, AAC Technologies (2018.HK) released its 2025 interim results report in Singapore. The Group’s revenue for the first half was RMB 13.32 billion, a year-on-year increase of 18.4%, setting a new record high. Net profit surged by 63.1% year-on-year to RMB 876 million.
AAC Technologies CFO Guo Dan said that the Company’s revenue in the second half will continue to maintain a high year-on-year growth rate, which is expected to be no less than the above figure in the first half, and the gross profit margin for the whole year will be no less than 22.1% last year. With the trend of AI upgrades, multiple businesses such as heat dissipation products and MEMS microphones will double in growth, and in-vehicle product revenue and gross profit will achieve stable growth.
In addition, global shipments of proprietary WLG lenses will exceed 10 million units this year, with a projected 50% increase next year. As the mass production scale increases, the gross margin is expected to surpass that of plastic lenses, marking a milestone breakthrough.
The gross profit margin for acoustics for the full year will not be lower than 30.2% last year
Financial reports show that in the first half, the gross profit margin of the acoustics business of AAC Technologies was 27.2%, a year-on-year decrease of 2.7 percentage points. The business achieved revenue of RMB 3.52 billion, a year-on-year increase of 1.8%.
Dan stated that the slight fluctuation in the gross margin of acoustics, one of the Company’s traditional core businesses, was mainly due to the introduction of a large number of new product projects in the first half. As operational efficiency gradually improves in the second half and products enter large-scale mass production, the gross margin for acoustics will steadily increase. The Company’s annual gross margin for acoustics will remain at least as high as 30.2% last year.
In the first half of 2025, AAC Technologies launched a series of innovative acoustic products. The master-level super linear speakers (SLS) and coaxial speakers maintained their leadership in the mid-range to high-end market, with shipments exceeding 17 million units, representing an increase approaching 40% year-on-year. The Group introduced the first master-level coaxial symmetrical dual speaker and the thinnest speaker in the industry featuring a thickness of just 1.4 mm per unit.
WLG product stands to achieve a milestone breakthrough
In the first half of 2025, AAC Technologies’ optics business maintained its rapid growth momentum, with revenue of RMB 2.65 billion, a year-on-year increase of 19.7%. The gross profit margin for plastic lenses improved by more than 10 percentage points, and the gross profit margin for the whole year is expected to exceed 30%. With the rise in both volume and price brought about by the high-end upgrade of smartphones, there will be further room for growth next year.
AAC Technologies’ proprietary WLG technology performed exceptionally well and received positive market feedback. The Company secured orders for 1G6P lenses from several leading Chinese customers for their flagship models and exclusively supplied WLG-based ultra-light micro-prism solutions.
AAC Technologies’ WLG lens shipments will exceed 10 million units this year, with an expected growth of more than 50% next year. Dan said, “The unique performance advantages of WLG technology will bring profound changes to both customers and user experience, and a growth of more than 50% is certain.”
The Company has achieved a yield rate of over 80% in WLG technology and has already made WLG single lenses profitable. With further increases in mass production scale, the gross profit margin of G+P hybrid lenses is expected to reach or even exceed that of plastic lenses.
AI will drive double growth across multiple businesses
AAC Technologies will benefit significantly from the development of the AI industry, with multiple business segments achieving rapid growth. Due to the higher demand for voice interaction functions in AI smartphones, the MEMS microphone business will be the first to benefit, with revenue in 2025 expected to increase more than 50% compared to 2024.
Due to the higher computing power and greater power consumption of AI smartphones, the demand for heat dissipation performance is also increasing, which will directly drive the rapid growth of AAC Technologies’ heat dissipation business. The Company has secured orders from high-end overseas customers and expects to begin mass production smoothly in the second half of the year. The overall revenue scale of the heat dissipation product line in 2025 will exceed RMB 1.2 billion, at least tripling that of 2024.
In addition, the trend toward ultra-thin foldable phones will bring more market opportunities for AAC Technologies’ high-performance, high-density products, potentially driving continuous growth in the average selling price (ASP) of its innovative products, core components, and modules. It is expected that revenue from the acoustics business will continue to grow throughout 2025, with revenue from motor product business achieving double-digit growth.
Regarding the application of the side buttons module in iPhone, Dan stated that it would be inappropriate to comment on specific customers. In terms of its own products, AAC Technologies’ keypad module products began shipping at the end of last year, and the functionality of these products will undergo further refinement and evolution. The Company is capable of providing support to both Chinese and international customers.
In-vehicle product revenue and gross profit will achieve stable growth
In recent years, AAC Technologies has been actively developing its second growth curve. The Company entered the in-vehicle product field in 2021 and has continuously improved its business layout through the acquisitions of Premium Sound Solutions (PSS), and Hebei First Light Auto Parts Co., Ltd. It has developed system-level solution capabilities in areas such as speakers, algorithms and amplifiers.
AAC Technologies has rapidly entered the European, American, and China’s leading new-generation automakers through mergers and acquisitions, becoming a Tier 1 supplier. PSS has obtained a favorable design-win with overseas customers, especially mainstream European customers, and its revenue and gross profit will achieve stable growth. Revenue from the automotive acoustics business has accounted for more than 13% of the Group’s total revenue. The in-vehicle product business will expand from components to branded system products and the Company is expected to become a diverse solution provider integrating audio, video, and lighting.
Financial reports show that in the first half of 2025, AAC Technologies’ in-vehicle product business generated revenue of RMB 1.74 billion, a year-on-year increase of 14.2%, with a gross profit margin of 23.9%. The Group obtained a design-win of a flagship SUV of a Chinese new energy vehicle (NEV) brand, and the project features 32 speakers, 40-channel amplifiers, algorithms, and tuning services.
Regarding the hot topics of market concern, Dan said that based on the current situation, AAC Technologies’ growth rate in the second half of the year will be no lower than that in the first half, with annual revenue maintaining double-digit growth year-on-year and gross profit margin steadily improving. While achieving business growth, the Company has kept its research and development, sales, and management expenses at a reasonable level, which is a result of the Company’s transformation in recent years. The Company will actively seize market opportunities, expand its market share, achieve steady performance growth, continue to bring better returns to shareholders, and share the fruits of the Company’s development.
Best practices on leadership, growth and success forum to be headlined by 2025 Asia’s Most Inspirational women and 2025 Global Male Champions
SINGAPORE, Aug. 27, 2025 /PRNewswire/ — House of Rose Professional Pte Ltd. (HORP), today announced that it would host its 2025 World Edition of Break the ceiling touch the sky®(BTCTTS)- the success and leadership summit for women on Nov 4, 2025 in Singapore. A host of speakers drawn from House of Rose Professional’s 2025 Asia’s Most Inspirational women in leadership and 2025 Global Male Champions for Gender Equality will headline the summit, including Scott Price, Group Chief Executive, DFI Retail Group; Sylvie Gleises, CEO Asia, AXA XL; Jerrica Chooi, Country Holding Officer, Singapore, ABB; Michelle Ho, former President Asia Pacific, UPS; Brian Peters, Former Mr. Universe and Anthony A. Rose, Chairman and CEO, House of Rose Professional Pte and best-selling author of “Break the ceiling touch the sky: success secrets of the world’s most inspirational women”.
The 2025 world edition of Break the ceiling touch the sky® will bring together key executives and participation from over 70 Companies to exchange best practices on leadership, growth, gender balance and success. The summit will offer leaders and organizations an excellent opportunity to learn and share best practices and sustainable strategies for success in a rapidly changing world; connect and learn alongside successful executives and role models, build new business and networks of support; upskill based on the professional experiences across industries and accelerate the development of their talent. Topics on the agenda include Business trends impacting leadership in the future and key strategies to adopt; AI and its impact on careers; success secrets of the most inspirational women; Best practices from the Break the ceiling touch the sky® 2025 most inspirational women and global male champions for gender equality; career hacks for the world’s highest performing executives and HORP’s unique speed mentoring and interactive segment with 25 senior executives as mentors.
This will be the 11th annual edition of Break the ceiling touch the sky® to be held by HORP in Singapore and the 41st international edition of the summit overall since 2015.
Gender balanced-led Companies deliver better business results and are more attractive as employers to top talent. With over 70% of Retail purchases being made by women, the world’s largest Companies and most successful Companies are accelerating gender equality at leadership levels to match their customer profiles.
Scott Price, Group Chief Executive, DFI Retail Group commented, “A majority of our customers are female. We are a leading Asian retailer delivering quality, value and exceptional service through leading brands, a compelling retail experience and a commitment to sustainability. We are focused on helping our customers make the most of every dollar they spend with us. Unleashing a diverse and inclusive workforce is critical to this mission. We look forward to sharing our leadership best practices and also learning from the best practices of other great companies participating at Break the ceiling touch the sky.”
Vijayanand Sinha, SVP ASEAN, Reckitt shared, “Reckitt’s workforce represents people of all ages, backgrounds, identities and beliefs. We continue to strive to make our company and wider society an inclusive environment, where every voice is heard and every individual matters. We are pleased to partner with Break the ceiling touch the sky® as we pursue a cleaner, healthier world.”
Commented Anthony A. Rose, Chairman and CEO of House of Rose Professional Pte. Ltd. Ltd and author of the book Break the Ceiling Touch the Sky: success secrets of the world’s most inspirational womenwhich inspired the summit, “Gender diverse & inclusive companies are financially more successful, better employers, greater innovators, and better corporate citizens. The Break the ceiling touch the sky® summit enables companies to learn rapidly across industries amongst the world’s most successful companies (versus reinventing the wheel internally), develop their leaders and accelerate business growth via gender-balanced leadership.”
The 2025 world edition of Break the Ceiling Touch the Sky® is supported by several major Chambers of Commerce as Industry Partners including Singapore International Chamber of Commerce (SICC), AMCHAM Singapore, BRITCHAM Singapore, French Chamber of Commerce in Singapore (FCCS), EU-ASEAN Business Council, Eurocham, etc. Members of all Industry Partners can register at Preferential Industry Partner Rates at https://houseofroseprofessional.com/world-edition-2025/.
The 2025 world edition of Break the ceiling touch the sky® is a part of the 2025-2026 world tour of Break the ceiling touch the sky® which includes editions of the summit for the Middle East & Africa (Dubai, Sept 8, 2025), India (Mumbai, Sept 30, 2025), the World Edition (Singapore, Nov 4, 2025), the Europe edition (Q1 2026) and the Americas Edition (New York, Q2, 2026). To explore a partnership for the 2025 World Edition/2025-2026 world tour please email anthony@houseofroseprofessional.com. The full calendar for the 2025 world tour and sign up is at https://houseofroseprofessional.com/training/.
Since 2014, House of Rose Professional has enabled the success of over 50,000 leaders across over 600 companies globally via 38 international editions of Break the Ceiling Touch the Sky®, and HORP’s other verticals – CEOSmith®- the executive excellence program for senior leaders; and BeliEVE® – HORP’s bespoke executive search vertical. The three verticals together support HORP’S Mission 2029 for a Better World – a global initiative focused on unleashing the highest performing talent – both female and male to lead at the top of the world’s largest companies and shape a better, more equal world.