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BingX AI Hits 2 Million Users and 20 Million Queries in Just 100 Days

PANAMA CITY, Aug. 26, 2025 /PRNewswire/ — BingX, a leading cryptocurrency exchange and Web3 AI company, today announced a significant milestone for its AI-powered trading assistant, BingX AI, which has surpassed 2 million users and processed 20 million queries since its launch in May.

BingX AI Hits 2 Million Users and 20 Million Queries in Just 100 Days
BingX AI Hits 2 Million Users and 20 Million Queries in Just 100 Days

BingX AI is built as a suite of integrated intelligence, powered by multi-model AI engines and vast datasets. It is distinguished by five unique AI avatars, designed to guide users through different stages of their trading journey — from market analysis and strategy development to execution and real-time monitoring.

  • The Analyst: Decodes the market by turning complex charts and data into clear, actionable trading insights, through AI-powered Candlestick, Market, Trading, and Token analysis.
  • The Strategist: Builds tailored strategies and forecasts to help users trade smarter with AI Trade Review and Trend Forecasting.
  • The Recommender: Suggests tokens, traders, and news that best fit users’ trading profiles through Pro Trader Recommender, AI News Briefing, and Trading Analysis functionality.
  • The Protector: Identifies risks and simulates outcomes to safeguard users’ portfolio with Smart Position Analysis.
  • The Monitor: Tracks market movements and funding rates to keep users informed in real time with Market and New Token analysis.

Vivien Lin, Chief Product Officer at BingX, commented: “AI is redefining what’s possible in digital asset trading, not by replacing human decision-making, but by enhancing it with real-time intelligence. With BingX AI, we’re bridging the gap between AI’s promise and real-world utility—offering users context, clarity, and confidence in one unified platform. Surpassing two million users is just the beginning; our goal is to make intelligent, accessible trading the standard for everyone, everywhere. Traders can expect more new AI capabilities in the coming weeks as BingX continues to expand the platform’s role at the intersection of innovation and usability.”

BingX AI forms a key part of BingX’s AI Evolution Strategy, a $300M initiative to embed AI across the platform. By consolidating fragmented trading tools into a single, intelligent ecosystem, BingX empowers traders of all levels with professional-grade insights, decision-making support and trading with greater confidence.

About BingX 

Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 20 million users. With a comprehensive suite of AI-powered products and services, including derivatives, spot trading, and copy trading, BingX caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, BingX empowers users with innovative tools designed to enhance performance and confidence. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship.

For more information, please visit: https://bingx.com/

ZJLD Group Announces Interim Results for FY2025

Forging Resilience Amid Industry Headwinds, Driving High-Quality Transformation Through Innovation and Cultural Stewardship


HONG KONG SAR – Media OutReach Neswire – 26 August 2025 – ZJLD Group Inc. (“ZJLD” or the “Company”, together with the Company’s subsidiaries, collectively the “Group”) (SEHK stock code: 06979. HK), an outstanding representative in the Chinese baijiu industry and the first baijiu company listed in Hong Kong Stock Exchange, is pleased to announce its interim results for the six months ended 30 June 2025 (“FY 2025 1H” or the “Period”). Despite persistent macroeconomic pressures and weak consumer demand across the baijiu sector, the Group remained steadfast in its commitment to high-quality development. Through strategic channel innovation and accelerated digital transformation, ZJLD Group has reinforced its operational resilience and laid the foundation for sustainable long-term growth.

The key financial and business highlights are as follows:

FY 2025 1H
(for the six months ended June 30, 2025)
(RMB’000)
FY 2024 1H
(for the six months ended June 30, 2024)
(RMB’000)
Changed by
Revenue 2,497,106 4,133,191 -39.6%
Gross profit 1,474,284 2,428,682 -39.3%
Gross profit margin 59.0% 58.8% +0.2 percentage points
Net cash generated from/(used in) operating activities (322,274) 574,886 -156.1%
Adjusted net profit (non-IFRS measure) 613,202 1,018,123 -39.8%
Adjusted net profit margin (non-IFRS measure) 24.6% 24.6%

  • During the Period, the Group recorded revenue of RMB 2,497.1 million, representing a year-on-year decline of 39.6%. Gross profit decreased by 39.3% to RMB 1,474.3 million. Notably, gross margin edged up to 59.0%. Adjusted net profit amounted to RMB 613.2 million, down 39.8% year-on-year, in line with the revenue trajectory.
  • The baijiu industry continues to grapple with structural challenges, including deteriorating channel pricing systems, compressed distributor margins, mounting financial pressure across the value chain, and sluggish terminal sales. Since Q2 2024, consumer demand has softened significantly, with notable declines in business banquets, gifting occasions, and other offline consumption scenarios. All four of the Group’s core brands experienced various degrees of revenue contraction. Flagship brand Zhenjiu, the Group’s primary growth engine, saw revenue fall 44.8% to RMB 1,491.7 million (FY 2024 1H: RMB 2,702.2 million), as the Group proactively managed channel inventory and strictly controlled sales pacing to safeguard long-term sustainability.
  • The Board of Directors does not recommend the declaration of an interim dividend for the six months ended 30 June 2025 (FY 2024 1H: nil).


Strategic Response: Anchored by the “Premier Retailers Alliance”
Model, Driving Channel Innovation and Digital Transformation

Against the backdrop of profound market recalibration and rapidly evolving consumer behavior, the Group has positioned the “Premier Retailers Alliance” model as its central strategic framework—driving simultaneous advancement in channel innovation and digital transformation. This dual-pronged approach reshapes brand accessibility and operational efficiency, while fortifying a more resilient market response system. Far more than a vehicle for channel integration, the “Premier Retailers Alliance” model serves as a strategic nexus for deep collaboration, co-creation, and shared value between the Group and its nationwide distributor network. The Group has dismantled traditional tiered distribution structures through this alliance mechanism, enabling streamlined resource allocation, transparent information exchange, and synchronized interest alignment. These enhancements have significantly accelerated channel responsiveness and strengthened control at the terminal level. Alliance members are no longer mere conduits of product delivery; they are empowered co-architects of brand equity and frontline executors of market strategy. Together, they form a multidimensional, interconnected channel ecosystem characterized by vertical synergy and horizontal coordination.

Building on this foundation, the Group is advancing its digital transformation to achieve full-chain data integration—from production and distribution to end-consumer engagement. Through intelligent base liquor management, precision allocation and delivery, real-time sales monitoring, and consumer behavior analytics, the Group has significantly enhanced supply chain efficiency while equipping brand strategy with timely insights and data-driven decision support. Upgrades to the CRM system and membership operations framework have enabled more granular audience segmentation and personalized communication, strengthened user engagement and driven higher repurchase rates.

Importantly, the Premier Retailers Alliance also serves as a strategic launchpad for key brand initiatives, including the cultural flagship “Da Zhen” (also known as Zhen * 2020 Real Vintage Baijiu), the innovative “News Craft Beer”, and the Group’s heritage ambassador program. Whether deepening the cultural narrative of premium baijiu or expanding the experiential reach of emerging categories, the Group leverages the Alliance mechanism to enable rapid market deployment and targeted promotion—achieving a synergistic fusion of cultural storytelling, channel innovation, and technological empowerment.

Overall, the “Premier Retailers Alliance” model is the starting point of the Group’s channel reform and a central pillar supporting brand elevation and organizational resilience. Looking ahead, the Group will continue to position the Alliance at the heart of its strategy—deepening collaborative mechanisms, expanding digital capabilities, and shaping a more penetrative and sustainable competitive landscape.

Product and Brand Strategy: Dual Growth Engines of “Da Zhen” and “News Craft Beer”, Enriched by Cultural Ambassadorship

Amid structural shifts in the baijiu landscape, the Group has identified “Da Zhen” and “News Craft Beer” as dual strategic anchors to upgrade the product matrix and extend brand reach. This forward-looking approach reflects the Group’s dynamic market positioning and revitalized brand energy.

As the flagship of the Group’s premiumization journey, “Da Zhen” embodies cultural heritage and uncompromising quality standards. Featuring a minimalist clear-bottle design, the packaging is adorned with the handwritten character “珍” (Pronunciation: Zhen) by Ming Dynasty master Shen Zhou, wrapped in heritage Xuan paper. This harmonious blend of classical artistry and modern aesthetics not only enhances perceived brand value but also reinforces the Group’s competitive edge in the high-end baijiu segment. The “Da Zhen” launch marks a deeper strategic push into the sub-premium baijiu category, infusing the brand image with gravitas and prestige.

In parallel, “News Craft Beer” represents the Group’s bold foray into emerging categories through active exploration and innovative breakthroughs. Based on craft brewing techniques, the series integrates youthful design sensibilities and social appeal, successfully entering the craft beer market and expanding consumption scenarios, including gatherings, leisure, and festive occasions. Beyond reducing regulatory sensitivity associated with the category, “News Craft Beer” carries an uplifting brand ethos that resonates with the Group’s broader cultural narrative, serving as a key vehicle for brand rejuvenation and diversification.

The Group appointed renowned young actress Ms. Annabel Yao (姚安娜) as its Heritage Application Ambassador in the first half of 2025 to further elevate cultural resonance. By humanizing the brand and crafting a compelling cultural narrative, the Group deepens the intangible heritage value of traditional Chinese baijiu craftsmanship. The appointment of a “Heritage Application Ambassador” serves as a symbol of cultural continuity and a vital conduit for brand storytelling, seamlessly bridging historical artistry with contemporary relevance. This initiative enhances consumer resonance, fostering a deeper emotional and cultural connection to the brand. This initiative complements the cultural gravitas of “Da Zhen”, while standing in deliberate contrast to the inventive language of “News Craft Beer”. Together, they shape a multidimensional narrative framework to enrich the brand’s storytelling ecosystem.

Mr. Wu Xiangdong, Founder and Chairman of ZJLD Group, remarked, “The first half of 2025 presented unprecedented challenges for the baijiu industry. Shrinking consumption scenarios and intensifying channel pressures have ushered in a period of profound recalibration. This is not merely a cyclical downturn but a test of strategic conviction and cultural integrity. True resilience is not measured by speed in fair weather, but by clarity and endurance in headwinds. We remain committed to high-quality development, recalibrating our sales rhythm, optimizing channel structures, and reshaping industry norms through the Premier Retailers Alliance.

At the same time, we actively embrace artificial intelligence and digital transformation, continuously expanding consumption scenarios and product boundaries to breathe new life into traditional baijiu culture amid emerging technologies and new generations. We believe that culture is the soul of a brand, and innovation is the pulse of an enterprise. In this era of industry reinvention, ZJLD is committed to longevity and living with purpose and influence. Looking ahead, we will continue to uphold the principle of “history as the soul (以史為魂)”, seeking renewal through integrity, and opportunity amid change—as we stride steadily toward our vision of becoming a world-class distilling enterprise.”
Hashtag: #ZJLD

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

About ZJLD Group Inc.

Zhen Jiu was established in 1975 in Zunyi, Kweichow, China’s primary production area of sauce-aroma baijiu. In 1988, it was honored with the National Quality Award at the 5th National Wine Appreciation Conference. In the same year, it was announced by the Protocol Department of the Ministry of Foreign Affairs, the Communication Department of the Ministry of Economy and Trade, and the Great Hall of the People Management Bureau to become one of the two sauce-aroma baijiu served at state banquets. It is also known as one of the “Three Representative Baijiu Brands in Kweichow”.

ZJLD Group Inc. is a leading baijiu group in China that is devoted to offering premium baijiu products, including sauce-aroma, mixed-aroma, and strong-aroma. According to Frost & Sullivan statistics, the flagship brand Zhenjiu has maintained its position for two consecutive years (2023 and 2024) as the fourth largest sauce-aroma baijiu brand in China and the third largest in Guizhou Province, based on revenue. The Company operates four baijiu brands in China, including two national baijiu brands, Zhen Jiu and Li Du, and two regional brands, Xiangjiao and Kaikouxiao. ZJLD prides itself on inheriting the time-honored baijiu-brewing techniques and reinvigorating them to develop iconic products. It strives to create a wide variety of aromatic and mellow baijiu products to meet the diverse preferences of consumers, seize broader market opportunities, and promote traditional Chinese baijiu culture.

Beauty Farm Announces 2025 Interim Results

Revenue and Net Profit Reached Record High

Cash-generating Capability Significantly Enhanced

HONG KONG, Aug. 26, 2025 /PRNewswire/ — Beauty Farm Medical and Health Industry Inc. (“Beauty Farm” or the “Company”) (02373.HK), one of the largest beauty and wellness services providers in China, together with its subsidiaries, the “Group,” is pleased to announce the Group’s audited interim results for the six months ended June 30, 2024 (the “Reporting Period”).

Performance Highlights:

  • Revenue surged to RMB1,459 million, representing a YOY increase of 28.2%.
  • Net profit rose to RMB171 million, reflecting YOY growth of 35.5%.
  • Adjusted net profit increased to RMB191 million, and adjusted net profit margin reached 13.1%, hitting a record high.
  • Net cash generated from operating activities reached RMB410 million, expanding 84.4% YoY.
  • Cash and cash-like items grew to RMB2 billion, representing a net increase of 27.5% YoY.
  • Advanced acquisitions and consolidations, increasing the Company’s ownership stake in Naturade to 90%.
  • Optimized shareholder structure by introducing high-quality long-term investors as CPE exited.

Beauty Farm delivered strong results in the first half of 2025, once again achieving record highs in both revenue and profit, with total revenue increasing 28.2% year over year to RMB1,459 million. As our revenue steadily climbed, the benefits of scale became increasingly evident, driving our gross margin to 49.3%, an increase of 2.3 percentage points year-over-year. Net profit rose by an impressive 35.5% year-over-year to RMB171 million. Notably, adjusted net profit soared to RMB191 million and adjusted net profit margin reached a record-high of 13.1%, underscoring the Group’s ability to drive profitability despite macroeconomic headwinds.

These impressive financial results were supported by our optimized store network and increased membership growth. As of June 30, 2025, we operated 552 stores in total, including 273 direct stores and 279 franchised and brand-operated stores. In the first half of 2025, client visits at our direct stores reached 920,000, up 47.8% year-over-year. The total number of active members at our direct stores amounted to 120,000, surging by 46.5% year-over-year. Under our “dual beauty + dual wellness” model, in the first half of 2025, 20% of our beauty and wellness members purchased aesthetic medical services or subhealth medical value-added services, demonstrating the effectiveness of our business model.

As a brand focused on China’s top-tier markets, we have strategically prioritized the 20 cities with the highest density of high-net-worth customers. Our deep penetration in the four tier-one cities, i.e., Beijing, Shanghai, Guangzhou, and Shenzhen, forms the Group’s core competitive moat, with 157 direct stores across tier-one cities representing 58% of all direct stores, contributing more than 60% of the Group’s total revenue. The wealth effect in top-tier cities continued to propel growth in the first half of 2025, with revenue generated in the four tier-one cities increasing over 52% year-over-year. Looking ahead, we will continue to deepen our penetration in key cities to further strengthen our competitive moat.

Studies by the China Consumers Association indicate that emotional value profoundly influences the younger generation’s consumption choices. According to iiMedia Research, the market size for China’s emotional economy is expected to reach RMB2.3 trillion by 2025 and exceed RMB4.5 trillion by 2029. As women take on increasingly important roles across society, careers, and family life, their focus on emotional well-being has deepened significantly, fueling a rising interest in self-indulgent consumption. At Beauty Farm, we are reshaping premium consumption scenarios through a dual-value proposition of tech-driven functional skincare and immersive urban wellness sanctuaries.

Double-digit Growth in all Three Business Segments, Highlighted by Doubled Revenue in Subhealth Medical Services

In the first half of 2025, all three of our business segments – beauty and wellness services, aesthetic medical services and subhealth medical services – delivered outstanding performances. First, our cornerstone beauty and wellness services business achieved revenue of RMB807 million, an increase of 29.6% year-over-year. Its rapid expansion continues to drive growing economies of scale, elevating profitability to new heights. Gross profit margin rose to 42.1%, an increase of 1.8 percentage points year-over-year. Customer base expansion was the primary revenue growth driver in the first half of 2025, with the number of client visits to our beauty and wellness services’ direct stores soaring to 850,000, up 48.6% year-over-year. The number of active members of our direct beauty and wellness stores increased to 112,000, up 45.7% year-over-year. Furthermore, the number of members of our franchised beauty and wellness stores exceeded 53,000, up 70.1% year-over-year, highlighting a robust joint growth trend with our partners.

The Group’s second growth engine, aesthetic medical services, maintained its resilient growth trend. In the first half of 2025, revenue from aesthetic medical services reached RMB499 million, up 13.0% year-over-year, and gross profit margin reached 56.9%, up 1.8 percentage points year-over-year. In the first half of the year, the number of client visits at the direct stores of our aesthetic medical services reached 50,000, up 28.0% year-over-year. The number of active members served at our direct stores grew to 24,000, an increase of 27.6% year-over-year. Furthermore, we continued to upgrade our aesthetic medical services store network. As of June 30, 2025, we operated 27 aesthetic medical clinics. Meanwhile, our physician team has accumulatively secured more than 700 professional certifications and training credentials, expanding our industry authority and reinforcing our medical expertise with tangible, authoritative credentials.

Finally, we accelerated our subhealth medical services business’s expansion in the first half of 2025. Client visits at our subhealth medical services direct stores reached 19,000, up 75.5% year-over-year. The total number of active members amounted to 7,014, surging by 93.4% year-over-year. Driven by this momentum, our subhealth medical services achieved a substantial leap in growth. In the first half of 2025, revenues from this business reached RMB154 million, a remarkable increase of 107.8% year-over-year, with revenue share exceeding 10% for the first time. Of this total, revenue from our functional medicine segment surged by 122.0% year-over-year, and revenue from our Women’s Special Care Center soared by 172.8% year-over-year, emerging as the most significant segment within our subhealth medical services business. In the first half of 2025, gross profit margin of subhealth medical services grew to 63.1%, a significant increase of 8.7 percentage points year-over-year. As of June 30, 2025, the number of our subhealth medical service clinics increased to 11.

Remarkable Outcomes from Acquisitions and Consolidations

As consolidation accelerates across China’s beauty service industry, we remain committed to propelling growth through a dual-engine strategy fueled by both internal growth and external expansion. Leveraging acquisition as a core Group-level development strategy has already yielded positive results. Since our July 2024 acquisition of Naturade, China’s second-largest beauty brand, it has delivered an outstanding performance, validating the Group’s strong consolidation capabilities. In the first half of 2025, Naturade achieved revenue of RMB277 million, and its adjusted net profit margin rose from 6.5% pre-acquisition to 10.4%, rapidly aligning with the profitability levels of our Group. Building on the remarkable outcomes of this integration and operational refinement, in May this year, we announced an additional 20% equity acquisition in Naturade, increasing our ownership stake to 90%. This deal not only strengthened our control of Naturade but also created greater value for our shareholders.

We have been steadily reinforcing Naturade’s core competitive edge. As a leading AI-powered wellness brand rooted in traditional Chinese medicine theories, Naturade was once again ranked by globally recognized market intelligence firm Frost & Sullivan as the “Top AI-Powered Wellness Brand in China.” Meanwhile, the Group has begun rolling out its “AI-Powered Wellness System 2.0,” its first AI-driven digital and intelligent transformation flagship program, at Naturade. Developed by seven top experts and authoritative traditional Chinese medicine institutions, this program innovatively integrates modern diagnostic and testing technologies with traditional Chinese medicine approaches. The system generates AI-powered reports based on testing and assessments across five dimensions: constitution, tongue appearance, meridians, organs, and skin, building a full-cycle, data-driven, and results-visualized health management closed loop, pioneering a new AI-powered wellness trend.

Optimized Shareholder Structure and Enhanced Market Capitalization

In March this year, Beauty Farm officially launched its “Market Capitalization Enhancement Plan” to systematically drive value creation through three strategic initiatives. First, the Company has established a long-term shareholder return mechanism, pledging to distribute no less than 50% of the annual net profit attributable to the parent company’s shareholders as dividends over the next three complete fiscal years (except under special circumstances). Second, to optimize shareholder structure, the Company is bringing in long-term strategic investors to build a healthier and more diverse shareholder ecosystem. Third, the Company continues to strengthen the alignment of management and shareholder interests, leveraging its equity incentive plan to advance joint value creation and sustainable growth.

The plan has already begun to bear fruit. On August 18, the Company announced that CITIC Private Equity Funds Management Co., Ltd. (“CPE”) completed the sale of 51.329 million shares of the Company, officially stepping down from the roster of major shareholders. In addition, we introduced high-quality long-term investors, further enhancing the Company’s shareholder structure. Market feedback on the Company’s implementation of the plan has been strongly positive. Since the beginning of 2025, the Company’s market capitalization has increased by 90%, reflecting strong capital market endorsement of the Company’s value-enhancement initiatives.

Looking ahead, we remain firmly committed to driving growth through a dual-engine, internal growth and external expansion strategy. Internally, we will continue to deepen our “dual beauty + dual wellness” model: horizontally, by expanding the coverage of our beauty and wellness services brand matrix, and vertically, by deepening the penetration of our medical businesses, driving steady revenue growth. Meanwhile, we will consistently fortify our advantages across key cities, capturing a greater market share of beauty and health consumption in top-tier cities. Externally, we will replicate Naturade’s successful acquisition and integration as we actively explore industry consolidation opportunities, further catalyzing industry consolidation. Finally, we will lead the industry’s digital and intelligent transformation, harnessing our deep expertise in digital technologies and focusing on innovative, scenario-based AI applications in beauty and health services to accelerate the research, development, and launch of AI-powered, intelligent beauty service solutions.

Our comprehensive and coordinated execution of these strategic initiatives and our market capitalization enhancement plan will significantly bolster the Group’s corporate competitiveness and capital market appeal, creating sustainable value for our customers, shareholders, employees, and partners.

About Beauty Farm

Beauty Farm Medical and Health Industry Inc. is a leading beauty and health management platform in China. Over the past 32 years, Beauty Farm has developed a unique “dual beauty + dual wellness” business model, covering customers’ comprehensive beauty and health needs for their entire life cycle. We offer a diversified service matrix, including beauty and wellness brands Beauty Farm, Naturade and Palaispa, aesthetic medical brand CellCare, and subhealth medical services brand Neology. Our nationwide store network reaches over 100 cities with over 550 stores and serves millions of mid-to-high-end customers in top-tier cities in China.

For more information, please visit https://ir.beautyfarm.com.cn/.

For investor and media inquiries, please contact:

Beauty Farm Medical and Health Industry Inc.
Vivian Lu
Tel: +86 (21) 6095-3299
Email: ir@beautyfarm.com.cn

Piacente Financial Communications
Jenny Cai
Tel: +86 (10) 6508-0677
Email: beautyfarm@tpg-ir.com

In the United States:
Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
Email: beautyfarm@tpg-ir.com

 

MITTI LABS SUPPORTS THE NATURE CONSERVANCY IN ACCELERATING CLIMATE ACTION SOLUTIONS THROUGH ADVANCED TECHNOLOGY FOR SCALABLE PRACTICE SHIFTS

Cooperation will accelerate the widespread transition to Climate-smart rice farming initiatives in Northwest India using advanced satellite and AI technology

BENGALURU, India, Aug. 26, 2025 /PRNewswire/ — Mitti Labs, an AI remote sensing and field operations company that empowers rice farmers with Climate-smart practices, today announced its participation in The Nature Conservancy’s PRANA program (‘Promoting Regenerative and No-Burn Agriculture’). PRANA is TNC’s landmark initiative tackling stubble burning and soil degradation in Punjab. Since 2022, PRANA has worked across 18 districts, helping farmers adopt regenerative practices and manage crop residues sustainably—improving soil health while curbing air pollution. 

The program has already trained thousands of farmers through local camps, field demonstrations, and service provider engagement. In 2025, it plans to reach over 650,000 farmers in 6,259 villages, delivering more than 21,000 training sessions. Now evolving beyond crop residue management, PRANA is tackling deeper challenges like water scarcity, declining soil fertility, and greenhouse gas emissions. Its next phase focuses on building Regenerative Foodscapes by empowering farmer institutions, scaling local agri-entrepreneurship, and forging policy-shaping public-private partnerships.

“Mitti Labs has been a key partner in different aspects of this journey. Their advanced ‘soil-to-sky’ technology platform and on-the-ground measurement expertise have helped us to monitor practice adoption and quantify impacts at the field level with high accuracy. This robust data is not only useful to validating climate and environmental outcomes—it also lays the foundation for unlocking climate long term financing for farmers and informing policy shifts that can scale these solutions to reach many more farmers,” said Gyan Prakash Rai, PRANA Lead.

“We are beyond excited to see the impact of our successful collaboration with The Nature Conservancy,” said Xavi Laguarta, co-founder of Mitti Labs. “Helping hundreds of farming communities in NW India transition to Climate-smart practices truly validates our mission of turning rice farming into a powerful vehicle for climate action. Our rice-specific digital Measurement, Reporting and Verification is the key technology enabler of providing critical financial incentives to farmers in this transition.”

Mitti Labs’ partnership with TNC has also demonstrated the numerous co-benefits of Climate-smart farming practices, particularly on saving water and boosting farmer income. The PRANA program will help save 500 Billion liters of water, the equivalent of the consumption of a midsize city. 

The PRANA foodscape’s mission is to support farmers in Punjab to adopt regenerative agricultural practices that reduce greenhouse gas emissions, restore soil health, and improve air quality. Practices such as Alternate Wetting and Drying (AWD), Direct Seeded Rice (DSR), and no-burn crop residue management are at the heart of this transition. 

Mitti Labs was founded in 2023 to accelerate the adoption of nature-based solutions to climate change. The company works with 30,000 farmers to reduce methane emissions from rice farming, which contribute 12% of all total methane emissions, a gas 85X more potent than CO2. It is estimated that rice farming contributes 1GT CO2e to all global emissions, a volume on par with global aviation. Mitti Labs connects smallholder farmers to global companies looking to offset their emissions through high-quality carbon credits based on permanent and measurable methane reduction. 

Mitti Labs has built the world’s most advanced dMRV for rice farming monitoring. This technology delivers country-level scale and field-level accuracy in the quantification of greenhouse gases derived from rice farming. In only 24 months, the Mitti Labs team has expanded its digital Monitoring, Reporting and Verification capabilities to 10 Mn Hectares, meaning it has created a ”digital twin” of 25% of all the rice farming areas in India. Building a layer of robust real-time monitoring technology not only helps the PRANA team steer their program intervention towards regions of dire need; but also helps create visibility on the high-quality impact that on-ground teams are currently executing. 

This technology leverages Mitti’s deep relationship with NASA. In 2024, Mitti Labs was awarded Phase I of a prestigious NASA SBIR Ignite grant in the amount of $150K. Last month, Mitti Labs received $850k for ‘Phase II’ of this NASA funding grant to continue its work leveraging its next-gen dMRV to monitor GHG emissions from rice farming in India.

In the fertile state of Punjab, two million farmers transition every year from growing rice to planting wheat. The two-week rotation window, in many cases shortened by a changing climate, leaves farmers with no choice but to burn the residue from rice -straw and husk- which represents 90% of the total crop biomass. These small fires are major contributors to CO2 emissions, poor air quality and chronic disease.

About Mitti Labs
Mitti Labs combines satellite technology, AI and operations on the ground to permanently reduce methane emissions from rice farming. By doing this, the company unlocks the potential of rice-based carbon credits for climate impact at scale. Mitti Labs is backed by Lightspeed, Voyager Ventures, Cisco, and Volta Circle in its mission to decarbonize the $300 Bn rice-growing industry worldwide. Visit mittilabs.earth to learn more. 

Brightonix Imaging’s High-Performance ‘PHAROS’ PET Receives FDA Clearance

SEOUL, South Korea, Aug. 26, 2025 /PRNewswire/ — Brightonix Imaging, a global leader in cutting-edge medical imaging technology, is proud to announce that its flagship product, the PHAROS PET Scanner, has received FDA clearance for commercial distribution in the United States. This milestone marks a new era of precision and efficiency in nuclear imaging and positions Brightonix Imaging at the forefront of medical innovation.

The PHAROS PET is a state-of-the art clinical positron emission tomography (PET) system designed to deliver exceptional image quality, offering healthcare providers a powerful tool for early disease detection, precise diagnosis, and optimized treatment planning. With its innovative design and enhanced performance capabilities, the PHAROS scanner is poised to set new standards in neurology.  Furthermore, the PHAROS is multi-functional with the ability to physically orient the patient seat and detector configurations for extremity and breast imaging, as well as converting to both lying and seated modes for brain imaging.

Image 1. PHAROS PET system
Image 1. PHAROS PET system

Key Features and Benefits of the PHAROS PET Scanner:

  • Unprecedented Image Clarity: Utilizing advanced detector technology, the PHAROS PET Scanner delivers high-resolution images, enabling clinicians to visualize even the most subtle anomalies for accurate diagnosis and treatment.
  • Compact Footprint: The PHAROS scanner is designed with a space-efficient footprint, enabling easier installation in a wide range of clinical environments. Its streamlined design provides greater flexibility for hospitals and imaging centers with limited space, without compromising imaging performance.
  • Flexible Applications: Its multifunctionality allows tailored configurations for brain, breast, and extremity PET scans, while offering a more comfortable setup that enhances the overall patient experience.
  • User-Friendly Interface: Featuring an intuitive interface and streamlined workflow, the PHAROS PET Scanner is designed to be easily operated by clinicians and technologists, enhancing user experience and ensuring seamless integration into medical practices.

Prof Jae Sung Lee, CEO and Founder at Brightonix Imaging, said, “Receiving FDA clearance for the PHAROS PET Scanner is a monumental achievement for us and for the entire medical imaging community. This technology will empower healthcare providers with the tools to detect and treat neuro degenerative diseases earlier and with greater precision, ultimately improving patient outcomes.”

The development of PHAROS was supported by the Korea Medical Device Development Fund (KMDF), reflecting a collaborative effort across multiple government agencies to advance innovative medical imaging technologies.

About Brightonix Imaging

Founded with a commitment to innovation and excellence in medical imaging, Brightonix Imaging develops cutting-edge solutions that enhance diagnostic accuracy, patient care, and overall clinical performance. The company’s portfolio includes advanced clinical PET, medical AI software and preclinical PET/CT imaging systems. Brightonix is committed to driving the future of biomedical imaging with products that are both technologically advanced and accessible.

Next Steps

With FDA clearance secured, Brightonix Imaging will begin the process of rolling out the PHAROS PET Scanner to medical facilities across the United States. Interested healthcare providers and institutions can contact Brightonix Imaging for demonstrations, product details, and ordering information. For more information about the PHAROS PET Scanner and other products, please visit www.brtnx.com.

Shopee House Welcomes Affiliates from All Channels for the First Time Ahead of 9.9 Super Shopping Day

Strengthening its ecosystem, Shopee connects affiliates and brands to help shoppers enjoy Lagi Murah and Lagi Cepat deals.

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 26 August 2025 – For the first time Shopee’s flagship event, Shopee House, welcomed affiliates from every channel, including Shopee Live, Shopee Video, and YouTube Shopping, at its headquarters in Kuala Lumpur last weekend. The two-day activation brought together 500 top-performing affiliates who were matched with over 70 local favourite brands to connect, collaborate, and create content, empowering Malaysians to shop Lagi Murah and Lagi Cepat ahead of Merdeka and the 9.9 Sale.

Affiliates wave the Malaysian national flag at Shopee House.
Affiliates wave the Malaysian national flag at Shopee House.

Demonstrating the impact of these collaborations, livestream affiliates are set to host over 1,050 livestreams featuring participating brands leading up to 9.9. These sessions will include product demos, interactive Q&As, and real-time promotions to drive awareness and excitement for brands like Ozel and BigPlus.

Marking their third participation in Shopee House, Ozel, a jewellery brand from Kelantan with an established presence across Southeast Asia, shared their positive experience. “Through Shopee House, we were able to connect with a loyal customer-turned-affiliate who not only knew our products very well, but believed in them too. In fact, one of our affiliates achieved RM30,000 in sales just last month. This shows that when customers truly connect with a brand, they don’t just buy from it; they grow with it, building trust and creating long-term success together.” commented Ozel.

Meanwhile, BigPlus, a Malaysian brand specialising in cleaning products and solutions, made its Shopee House debut. The brand cited, “Our experience at Shopee House was truly amazing, it gave us the chance to connect with a diverse group of affiliates, share product knowledge, and exchange valuable perspectives. We’re especially grateful to have engaged with over 400 affiliates who registered with us during the event, and look forward to continuing this collaboration.”

Shopee also organised roundtable sessions with key affiliates during the event, in line with the brand’s commitment towards inclusivity and supporting local content creators.

Nur Afifah binti Rosli shared her experience as an affiliate during the roundtable. “Shopee has given me the space, tools, and support to grow from a part-time affiliate into a full-time content creator. Along the way, I’ve learned how to create content that resonates better with my audience, build stronger connections in the community, and at the same time, support local brands by bringing their products closer to Malaysians.”

YouTube affiliate Lex said during the roundtable, “It means a lot to have a platform like Shopee that listens to our feedback. Being part of this dialogue makes me feel valued, and I’m grateful to contribute towards shaping a better space that will empower future affiliates to grow with even more opportunities.”

“As 9.9 Super Shopping Day draws near, Shopee House highlights our dedication to enhancing the online shopping journey for Malaysians,” said Tan Ming Kit, Head of Marketing at Shopee Malaysia. “By successfully matching 500 affiliates to more than 70 brands, we continue to bring non-stop deals directly to buyers. This ensures Malaysians can continue to enjoy Lagi Murah deals and Lagi Cepat delivery with the products they love, all while shopping with greater trust, satisfaction, and convenience.”

Starting from 26 August 2025, join Jojo Ghazali and other content creators as they celebrate 9.9 Super Shopping Day where Malaysians can enjoy exciting offers, such as 50% Off Daily Lagi Murah deals, Free Shipping with no minimum spend, and Shopee Lagi Cepat Guaranteed Next-Day Delivery.Hashtag: #Shopee #ShopeeRaiLokal

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

Shopee

Shopee is the leading e-commerce platform in Southeast Asia & Taiwan. Shopee promotes an inclusive and sustainable digital ecosystem by enabling businesses to digitalise and grow their online presence, helping more people access and benefit from digital services, and uplifting local communities.

Shopee offers an easy, secure, and engaging experience that is enjoyed by millions of people daily. Shopee is also a key contributor to the region’s digital economy with a firm commitment to helping homegrown brands and entrepreneurs succeed in e-commerce.

Shopee is part of Sea Limited (NYSE: SE), a leading global consumer internet company. Sea’s mission is to better the lives of consumers and small businesses with technology through its three core businesses: Shopee, Garena and Monee.

Tech Mahindra Receives Frost & Sullivan’s 2025 Asia-Pacific Technology Innovation Leadership Recognition in Business Process Management

Tech Mahindra redefines digital transformation through AI innovation and a customer-centric approach in BPM services.

SAN ANTONIO, Aug. 26, 2025 /PRNewswire/ — Frost & Sullivan is pleased to announce that Tech Mahindra (NSE: TECHM), a leading global provider of technology consulting and digital solutions to enterprises across industries has been conferred the 2025 Asia-Pacific Technology Innovation Leadership Recognition in the business process management (BPM) industry for its outstanding achievements in digital transformation, intelligent automation, and AI-driven service delivery. This recognition highlights Tech Mahindra’s ability to deliver measurable outcomes and drive future-ready operations, strengthening its market position across multiple industries.

This recognition highlights Tech Mahindra’s ability to deliver measurable outcomes and drive future-ready operations, strengthening its market position across multiple industries.
This recognition highlights Tech Mahindra’s ability to deliver measurable outcomes and drive future-ready operations, strengthening its market position across multiple industries.

Tech Mahindra demonstrates how its innovation-led strategy aligns with client needs and is executed with precision, scalability, and speed. Tech Mahindra continues to lead the BPM industry by building an expansive digital transformation solutions portfolio rooted in analytics, automation, and GenAI. Its Navixus™ business unit exemplifies strategic depth—unifying consulting, CX, intelligent operations, and industry-specific solutions under one framework that delivers business impact,” said Sherrel Sonia Roche, associate director for customer experience research at Frost & Sullivan.

Guided by a long-term growth strategy focused on digital innovation, customer-centricity, and co-innovation, Tech Mahindra has built a competitive edge through sustained investments in intellectual property development, strategic acquisitions, and R&D. Its AAC (Analytics, Automation, and Consulting) delivery model, powered by a 50,000+ strong multilingual human-digital workforce across 30 countries, empowers enterprises to transform operations and adapt quickly to market demands.

Innovation is central to Tech Mahindra’s approach. With more than 30 pre-built GenAI solutions and a robust ‘AI Delivered Right’ strategy, the company is disrupting the BPM landscape by simplifying next-gen technology adoption. Its Project Indus—the first indigenous Hindi-language foundational model—and Garuda, developed in partnership with Indosat Ooredoo Hutchison, showcase Tech Mahindra’s leadership in building culturally contextual, conversational AI solutions.

Birendra Sen, President, Business Process Services, Tech Mahindra, said, “At Tech Mahindra BPS, our focus is on driving strategic and operational efficiency for our customers by leveraging GenAI and other new-age technology-based solutions. Navixus™ serves as the transformation engine of our Business Process Services, helping eliminate workflow bottlenecks, reduce costs, and enable faster, data-driven decision-making. This award is a testament to all the methodical and productive steps taken by us to achieve the aforementioned.”

Customer experience is another key differentiator. Tech Mahindra’s tools, such as the Account Status Indicator and Customer Pulse Indicator, allow real-time visibility into project health and client sentiment, helping the company respond swiftly and proactively. This focus on transparency, agility, and tailored support has enabled it to forge deep-rooted relationships with clients—many spanning over two decades.

Frost & Sullivan commends Tech Mahindra for setting a benchmark in business process re-engineering and for its ability to scale digital transformation with speed and integrity. The company’s customer-first culture, co-innovation mindset, and deep domain expertise are driving exceptional results and shaping the future of BPM services in Asia-Pacific.

Each year, Frost & Sullivan presents the Technology Innovation Leadership Recognition to a company that demonstrates outstanding strategy development and implementation, resulting in measurable improvements in market share, customer satisfaction, and competitive positioning. The recognition celebrates forward-thinking organizations that are reshaping their industries through innovation and operational excellence.

Frost & Sullivan Best Practices recognitions highlight companies across global markets that demonstrate excellence in leadership, technology, customer service, and product development. Industry analysts benchmark market participants through in-depth research, interviews, and data analysis to identify the best-performing organizations in each sector.

About Frost & Sullivan

For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, megatrends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion.

Contact:

Tarini Singh
E: Tarini.Singh@frost.com 

About Tech Mahindra

Tech Mahindra (NSE: TECHM) offers technology consulting and digital solutions to global enterprises across industries, enabling transformative scale at unparalleled speed. With 148,000+ professionals across 90+ countries helping 1100+ clients, Tech Mahindra provides a full spectrum of services including consulting, information technology, enterprise applications, business process services, engineering services, network services, customer experience & design, AI & analytics, and cloud & infrastructure services. It is the first Indian company in the world to have been awarded the Sustainable Markets Initiative’s Terra Carta Seal, which recognizes global companies that are actively leading the charge to create a climate and nature-positive future. Tech Mahindra is part of the Mahindra Group, founded in 1945, one of the largest and most admired multinational federation of companies. For more information on how TechM can partner with you to meet your Scale at Speed™ imperatives, please visit https://www.techmahindra.com

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For more information on Tech Mahindra, please contact:
Abhilasha Gupta, Global Head – Corporate Communications, Tech Mahindra
Email: Abhilasha.Gupta@TechMahindra.com ; media.relations@techmahindra.com

Shenzhen Downtown Duty Free Shop Opens, Offering Multiple Benefits for Cross-Border Travelers

SHENZHEN, China, Aug. 26, 2025 /PRNewswire/ — On August 26, 2025, the Shenzhen Downtown Duty Free Shop, located in the UpperHills of Futian District, Shenzhen, grandly opened. The shop offers duty-free products to international travelers departing China from Shenzhen Bao’an International Airport within 60 days via international flights. Customers can enjoy price 11%-25% lower than those at tax-inclusive counters. Additionally, eligible goods purchased for tax refund upon departure offer a refund rate of 9%.

Shenzhen Downtown Duty Free Shop Opens, Offering Multiple Benefits for Cross-Border Travelers
Shenzhen Downtown Duty Free Shop Opens, Offering Multiple Benefits for Cross-Border Travelers

Shenzhen is a popular first-stop destination for international tourists entering China. Renowned as a global hub of technology, Shenzhen is home to headquarters of tech giants such as Huawei, Tencent, DJI and BYD, and is beloved by tech enthusiasts worldwide for its electronic products.

The product offerings at the Shenzhen Downtown Duty Free Shop are equally distinctive. In addition to international tech brands, the store features a wide range of products from HUAWEI, HONOR, ViVO, iFLYTEK, UBTECH humanoid robots, RingConn smart rings, Timekettle translation earbuds, Insta360, and more. It also covers 19 major categories, including beauty and skin care, watches and jewelry, and high-end alcohol, bringing together a diverse array of internationally renowned brands such as Estée Lauder, La Mer, Clarins, Moutai, and Fenjiu.

Spanning nearly 3,000 square meters, the Shop offers an immersive commercial experience. It pioneers an upgraded duty-free retail model with a “duty-free + taxable”, “imported + domestic” and “offline + online” business approach. As one of the first eight downtown duty-free shops established in China, it is also the first to provide a “cloud tax refund” service. Its “instant tax refund upon purchase” model fully demonstrates the Shenzhen Speed.

During the opening period, the Shop will launch limited-time coupons, including discounts, lucky draws, and complimentary experience vouchers. UpperHills members can also enjoy exclusive benefits such as “10x membership points,” with some duty-free products offering discounts of 50% off.

Located at the geographical hub near both Huanggang and Futian Port, UpperHills is home to two hotels, MUJI HOTEL and Mandarin Oriental Shenzhen. It connects to Lianhuashan Park and Bijiashan Sports Park via SkyBridges, integrating green ecology into the commercial district. Its international consumption atmosphere attracts 46 million visitors annually. Within a 2-kilometer radius, cultural and tourism destinations such as Shenzhen Sports Center, Shenzhen Museum, and Shenzhen Concert Hall offer cross-border business and leisure travelers a unique experience of “duty-free shopping, luxury stays, and ecological park exploration.”