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Cango Inc. Announces November 2025 Bitcoin Production and Mining Operations Update

DALLAS, Dec. 5, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”) today published its Bitcoin production and mining operations update for November 2025.

Bitcoin Mining Production and Mining Operations Update for November 2025

Metric

November 2025 [1]

October 2025 [1]

Number of Bitcoin produced

546.7

602.6

Average number of Bitcoin produced per day

18.22

19.44

Total number of Bitcoin held [2]

6,959.3

6,412.6

Deployed hashrate

50 EH/s

50 EH/s

Average operating hashrate [3]

44.38 EH/s

46.09 EH/s

  1. Unaudited, estimated.
  2. As of month-end.
  3. Average over the month.

Note: Cango holds Bitcoin for the long term and does not currently intend to sell any of its Bitcoin holdings.

Paul Yu, CEO and Director of Cango, commented, “November marked the one-year milestone of our strategic transformation, and it was a month that demonstrated both our progress and our direction. Since expanding our deployed hashrate from 32 EH/s to 50 EH/s earlier this year, we have steadily optimized our operations to achieve average operating hashrate levels of around 90%, and closed the month with 6,959.3 BTC in holdings. We also completed our transition to the New York Stock Exchange following the termination of our ADR program, allowing for direct share ownership and opening a new chapter of visibility and alignment in the U.S. market. These achievements strengthen our foundation and advance our long-term vision to evolve from a leading Bitcoin miner into a global, distributed AI compute network powered by green energy.”

About Cango Inc.

Cango Inc. (NYSE: CANG) is primarily engaged in the Bitcoin mining business, with operations strategically deployed across North America, the Middle East, South America, and East Africa. The Company entered the crypto asset space in November 2024, driven by advancements in blockchain technology, the growing adoption of digital assets, and its commitment to diversifying its business portfolio. In parallel, Cango continues to operate an online international used car export business through AutoCango.com, making it easier for global customers to access high-quality vehicle inventory from China. For more information, please visit: www.cangoonline.com.

Investor Relations Contact

Juliet YE, Head of Communications
Cango Inc.
Email: ir@cangoonline.com 

Christensen Advisory
Tel: +852 2117 0861
Email: cango@christensencomms.com

China Automotive Systems Advances High-Torque Intelligent Steering Motors to Mass Production for Commercial Vehicles

WUHAN, China, Dec. 5, 2025 /PRNewswire/ — China Automotive Systems, Inc. (NASDAQ: CAAS) (“CAAS” or the “Company”), a leading power steering components and systems supplier in China, today announced that its subsidiary, Hyoseong (Wuhan) Motion Mechatronics System Co. Ltd., has entered the final commissioning stage of its new 115–platform steering motor production line. Developed to support the CAAS eRCB commercial vehicle program, mass production of this new motor is scheduled to begin mid–December 2025. 

The 115–platform electric motor delivers torque exceeding 20 N•m, representing the culmination of three years of research and development. This new motor technology and production capability marks a significant milestone in CAAS’ advanced intelligent steering strategy. The new production line, co–developed with Wiselink Technology Co., Ltd., has undergone rigorous expert reviews and testing. This advanced electric steering motor has successfully passed development and verification with approximately ten of the world’s leading OEMs, highlighting the motor’s technological excellence, performance and readiness for commercial production.   

eRCB refers to an electric recirculating ball steering system. eRCB is an advanced electric power steering (EPS) system primarily for commercial vehicles. This system combines the durability of a recirculating ball mechanism with the efficiency and control of electric power. This system offers performance and environmental advantages  and can be integrated into advanced driver-assist systems (ADAS).

Hyoseong, a 51%-owned subsidiary of CAAS, develops and produces a broad range of industrial electric motors including low, medium, and high voltage types, as well as geared motors and DC motors, used across various industries. Hyoseong will continue to deepen its technological research and development, strengthen its market expansion, and provide global commercial vehicle customers with higher-quality products and solutions.

Mr. Qizhou Wu, the Chief Executive Officer of CAAS, commented, “This advanced intelligent electric steering motor presents new growth opportunities and represents a major breakthrough for high-torque steering motors in the global commercial vehicle markets. We will continue our combined research and development efforts with Hyoseong to further add to our technology, and produce advanced products and solutions to lead the global steering industry towards a new future of intelligence development.”

About China Automotive Systems, Inc.

Based in Hubei Province, the People’s Republic of China, China Automotive Systems, Inc. is a leading supplier of power steering components and systems to the Chinese automotive industry, operating through its sixteen Sino-foreign joint ventures and wholly owned subsidiaries. The Company offers a full range of steering system parts for passenger automobiles and commercial vehicles. The Company currently offers four separate series of power steering with an annual production capacity of over 8 million sets of steering gears, columns and steering hoses. Its customer base is comprised of leading auto manufacturers, such as China FAW Group, Corp., Dongfeng Auto Group Co., Ltd., BYD Auto Company Limited, Beiqi Foton Motor Co., Ltd. and Chery Automobile Co., Ltd. in China, and Stellantis N.V. and Ford Motor Company in North America. For more information, please visit: http://www.caasauto.com.

Forward-Looking Statements

This press release contains statements that are “forward-looking statements” as defined under the Private Securities Litigation Reform Act of 1995. Forward-looking statements represent our estimates and assumptions only as of the date of this press release. Our actual results may differ materially from the results described in or anticipated by our forward-looking statements due to certain risks and uncertainties. As a result, the Company’s actual results could differ materially from those contained in these forward-looking statements due to a number of factors, including those described under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K as filed with the Securities and Exchange Commission on March 28, 2025, and in documents subsequently filed by the Company from time to time with the Securities and Exchange Commission. Any of these factors and other factors beyond our control, could have an adverse effect on the overall business environment, cause uncertainties in the regions where we conduct business, cause our business to suffer in ways that we cannot predict, and materially and adversely impact our business, financial condition and results of operations. A prolonged disruption or any further unforeseen delay in our operations of the manufacturing, delivery and assembly process within any of our production facilities could continue to result in delays in the shipment of products to our customers, increased costs and reduced revenue. We expressly disclaim any duty to provide updates to any forward-looking statements made in this press release, whether as a result of new information, future events or otherwise.

For further information, please contact:

Jie Li
Chief Financial Officer
China Automotive Systems, Inc.
jieli@chl.com.cn 

Kevin Theiss
Awaken Advisors
+1-212-510-8922
Kevin@awakenlab.com 

 

AliExpress and Specialized Partner with Law Enforcement in largest Counterfeit Bust in Brand’s History

– Two Operations Dismantled, Over $1,600,000 in Counterfeit Goods Seized –

HANGZHOU, China, Dec. 5, 2025 /PRNewswire/ — AliExpress, the leading global e-commerce marketplace, in collaboration with premium American bicycle brand Specialized and Chinese law enforcement, recently played a central role in dismantling two major counterfeit manufacturing operations in China. This successful operation underscores AliExpress’ ongoing commitment to combating counterfeit goods and protecting intellectual property rights (IPR) on its platform.

The joint operation, carried out in March, resulted in the arrest and prosecution of seven individuals, as well as the seizure of 1.1 million US dollars of counterfeit Specialized Tarmac SL8 road racing frames, Roval handlebars and wheels, as well as seatposts, forks and 9,500 sticker sets. Pinarello, Cannondale, Cervelo, and Trek also had fake items seized during the raid. The estimated street value all of these counterfeit bicycle carbon fiber goods exceeds 1.6 million US dollars

Counterfeit products imitating Specialized’s high-performance goods not only infringe on IPR but also pose serious risks to consumer safety. These fake items often bypass stringent quality and safety standards, potentially endangering users and undermining consumer trust in legitimate products. Specialized has tested these counterfeit cycling helmets and frames, and they fail safety standards. Sometimes catastrophically.

This milestone marks the largest anti-counterfeiting success in Specialized’s history. Alibaba has been working with Specialized on offline IPR investigations for years, with over a dozen successful cases. This includes a major takedown in 2017 which was the result of a two-year joint investigation by Alibaba and Specialized, as well as other operations stopping counterfeit helmet online sellers.

These raids have been the result of extensive collaboration between Specialized’s Global Brand Protection team and AliExpress’ IP enforcement teams. AliExpress provided critical support to authorities in their takedown of the illicit operation.

Andrew Love, Global Brand Protection Manager at Specialized, commented:

“Specialized is unwavering in its commitment to protecting its riders and upholding a zero-tolerance policy against dangerous counterfeit products. These illicit operations not only exploit consumers but also undermine trust in authentic goods. We are fully dedicated to safeguarding our customers and combating organized crime on a global scale. The success of this largest counterfeit bust in the cycling industry highlights the profound impact of collaboration between brands like ours and tech-driven platforms like AliExpress.”

Andrew further added, “Chinese law enforcement and Alibaba deserve immense recognition for their integral role in achieving this milestone.”

Matthew Bassiur, VP and Head of Alibaba International’s Global IP Enforcement Team, added:

Safeguarding consumers and upholding brand trust are core to our platform’s integrity…. While we swiftly remove infringing listings from our marketplace, lasting impact requires dismantling physical operations through close partnerships with brands and law enforcement. This case is a prime example of that approach.”

While platforms like AliExpress use AI-driven monitoring and rapid takedown systems to combat online counterfeiting, this case highlights the importance of cross-sector collaboration. The investigation began when Specialized approached AliExpress with information on suspected counterfeiters abusing the e-commerce platform to market illegal and unsafe bicycle products. Test purchases by Specialized confirmed the items were counterfeit, prompting a deeper probe. AliExpress then provided law enforcement with key digital evidence that traced the supply chain back to the manufacturing facilities.

This success is a vivid demonstration of the strategic partnership framework which AliExpress has established with both leading global brands and law enforcement agencies. Over the past year, AliExpress’ collaboration with more than 20 global brands and law enforcement has led to the global seizure of counterfeit goods valued at over 30 million US dollars, further demonstrating AliExpress’ firm commitment to pursue counterfeiters both on and off its platform.

About AliExpress 

Launched in 2010, AliExpress is a global e-commerce platform dedicated to creating a better shopping experience for hundreds of millions of consumers in more than 200 countries and regions. In addition to the English version, the AliExpress platform is available in 15 other languages. AliExpress is part of Alibaba International Digital Commerce Group.

XIAO NOODLES Debuts on HKEX, Becoming the First Listed Chinese Noodle Restaurant Stock

HONG KONG, Dec. 5, 2025 /PRNewswire/ — Guangzhou Xiao Noodles Catering Management Co., Ltd. (“XIAO NOODLES” or the “Company”, Stock Code: 2408.HK), a prominent Chinese specialty restaurant chain, was officially listed today on the Main Board of the Hong Kong Stock Exchange, becoming the first Chinese noodle restaurant stock in the public market. The global offering attracted strong participation from institutional investors, with HHLR Advisors, Ltd. (“HHLRA”, Member of Hillhouse Group), Hai Di Lao Holdings Pte. Ltd. (“Haidilao”), Dream’ee (Hong Kong) Open-ended Fund Company, Hong Kong Shengying Investment Limited (“Shengying Investment”), Zeta Wisdom OFC (“Zeta Fund”) joining as cornerstone investors.

XIAO NOODLES commences trading on the Main Board of the Hong Kong Stock Exchange
XIAO NOODLES commences trading on the Main Board of the Hong Kong Stock Exchange

According to Frost & Sullivan, XIAO NOODLES is ranked No.1 nationwide in Sichuan–Chongqing–style noodle restaurants and No.4 among all Chinese noodle restaurant operators by gross merchandise value (GMV) in 2024. Over the past three years, the Company has demonstrated remarkable business expansion and financial performance. Revenue surged from RMB 418 million in 2022 to RMB 1.154 billion in 2024, representing a compound annual growth rate of 66.2%, significantly outpacing the broader Chinese quick-service restaurant (QSR) market. The upward trajectory continued into the first half of 2025, during which XIAO NOODLES reported revenue of RMB 703 million, a 33.8% year-over-year increase, while adjusted net profit rose 131.56% to RMB 52.18 million, setting new historical highs.

Founded in Guangzhou in 2014, XIAO NOODLES has grown rapidly through a clear strategic road-map and disciplined operations. Its restaurant network expanded from 133 stores in early 2022 to 465 stores now across 22 cities in mainland China and Hong Kong. An additional 115 new stores are under preparation, putting the Company on track to surpass 500 restaurants by year-end. Notably, the 500th store will open in Singapore, marking the Company’s first overseas location and signaling an important step in the global expansion of Chinese noodle cuisine.

XIAO NOODLES operates a scalable business model driven by a combination of self-operated and franchised restaurants. All stores are managed under a centralized, standardized, and digitalized system covering recipe development, centralized procurement, supply chain, site selection, store construction, operations, training, marketing, and quality assurance. The Company focuses on authentic Sichuan–Chongqing flavors, including the signature the Red Bowl Noodles (Mala Noodles with Peas and Meat Sauce), Golden Bowl Noodles (Hot n’ Sour Noodles), Wonton Series, and Maocai HotPot Series. Each restaurant typically offers 30 to 40 SKUs, with menu updates introduced regularly to enhance customer experience, ensuring every encounter is warm, familiar, and unforgettable.

The Company has also developed its own end-to-end restaurant operation system, covering both front- and back-end workflows including order management, dine-in and delivery fulfillment, shift scheduling, production control, procurement, inventory management, supply chain collaboration, talent development, and performance evaluation.

Moving forward, the proceeds from the IPO will be used to accelerate the Company’s multi-year expansion plan, enhance digital and supply chain capabilities, and advance its international strategy. XIAO NOODLES plans to open 520 to 610 new restaurants over the next three years and has already initiated its overseas development roadmap. The Company’s first international location in Singapore is scheduled to open in December 2025, marking a significant step in bringing Chinese noodle culture to global markets and establishing Southeast Asia as a new growth engine.

Listing on HKEX marks a defining milestone in XIAO NOODLES’s journey. Guided by the vision of ‘From the streets of China to tables across the globe,’ the Company will continue to strengthen digital operations, optimize supply chain efficiency, and bring high-quality, high-value Chinese cuisine to consumers in China and around the world.

For more information about XIAO NOODLES, please visit https://www.xiaonoodles.com/en

Bybit & Block Scholes Report: Market Sentiment Shows Early Signs of Recovery

DUBAI, UAE, Dec. 5, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume has released its latest Crypto Derivatives Analytics Report in collaboration with Block Scholes, revealing cautiously optimistic signals in cryptocurrency markets following a volatile start to December.

The analysis examines market dynamics following December 1st’s sharp selloff, triggered by hawkish signals from the Bank of Japan. Despite positive developments including Vanguard’s opening of crypto ETF trading, derivatives data suggests traders remain cautious given that major cryptos  are still trading well below all-time highs.

“Cryptocurrencies have been buffeted by multiple crosswinds, from shifting expectations surrounding major central bank policies, to mounting concerns over the viability of DATs,” said Han Tan, Chief Market Analyst, Bybit Learn. “Major crypto prices are likely to remain beholden to macro forces over the immediate term, especially with the pivotal Fed rate decision looming, even as the crypto world attempts to shake off the ghosts of the Oct 10 liquidation event,” he added.

Key Highlights:

  • Market Recovery Underway: BTC has recovered to a two-week high above $93,000, while ETH reclaimed the psychological $3,000 level following a sharp early-December selloff triggered by hawkish signals from the Bank of Japan. Positive catalysts including Vanguard’s decision to open its platform for crypto ETF and mutual fund trading have supported the rebound.
  • Subdued Downside fear: Options traders have significantly reduced their bearish positioning, with put-call skew premiums declining sharply from 10-13 percentage points at the start of the month to just 2-4 percentage points currently. This indicates traders are pricing crash protection with far less premium than just one week ago.
  • Muted Leverage Activity: Open interest in perpetual futures has increased modestly during the recovery, though it remains well below pre-October 10, 2025 levels. The data suggests lower participation rates in leveraged positions, with recent selloffs showing no signs of liquidation cascades that typically characterize over-leveraged markets.
  • The Fading Bear: Block Scholes’ proprietary Risk Appetite Index indicates that while sentiment is shifting in a positive direction, market participants have not yet turned bullish. This cautious stance is unsurprising given that both BTC and ETH continue to trade significantly below their all-time high levels.

 

Block Scholes' Risk Appetite Index measures the level of euphoria (above 1) or panic (below -1) in the spot market. Momentum in this index shows a strong relationship to spot returns.
Block Scholes’ Risk Appetite Index measures the level of euphoria (above 1) or panic (below -1) in the spot market. Momentum in this index shows a strong relationship to spot returns.

The report also spotlights Basic Attention Token (BAT), which has surged over 100% since 11 October to around $0.27, significantly outpacing the broader altcoin recovery. The Ethereum-based token, which powers Brave browser’s privacy-focused advertising ecosystem serving over 100 million monthly users, has helped make social tokens the second-best performing sector over the past month, trailing only privacy coins.

For detailed insights, readers may download the full report.

#Bybit / #TheCryptoArk / #BybitLearn

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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Family Support Now Make-or-Break for Overseas Postings, New Study Reveals


LONDON, UK – Media OutReach Newswire – 5 DECEMBER 2025 – Family wellbeing is emerging as one of the strongest predictors of success on international assignments – yet support for families has not always kept pace with modern mobility expectations, according to new research from AXA Global Healthcare.

Now in its third iteration (previously published in 2017 and 2020), the 2025 World of Work Report draws on survey responses from international assignees and HR decision-makers across multiple markets. The findings show that the pressures placed on family life during an international assignment are now among the leading reasons postings end early. Although most employers provide core practical support – from healthcare access to visa sponsorship and relocation – families often lack structured help in managing the personal and emotional adjustment.

Only 38% of families are entitled to universal support. Twenty eight percent receive it on a case-by-case basis and 24% are eligible only after a minimum tenure with the business. Yet even when support is available, such as extended leave to see loved ones or travel costs to get home, just 40% of assignees are aware of it. This highlights a communication gap between employers and employees.

Although few assignees receive consistent family support, its importance is clear. Those who relocate with their partners or children report significantly better mind health outcomes, with 67% saying they feel mentally well, compared with 42% of those living apart from their families and 48% of solo movers. And while many families do settle in well (60% report a manageable adjustment), notable challenges remain: 35% say their partner has struggled to find employment, 31% report strain on family life, and 28% say their partner or family would prefer to return home.

For assignees whose families remain in their home country, 93% use technology to stay connected, and 80% feel supported by their employer in maintaining contact. Yet distance still takes a toll: 35% report their wellbeing has been negatively impacted, 46% say separation has strained relationships, and 27% report worsened physical health.

Their ability to change this situation is limited, with only 29% of employers offering assignees the flexibility to adapt their benefits packages to cover their partner or family.

“International placements are about people – not just roles, budgets or business strategy,” said Karim Idilby, Chief Growth Officer, AXA Health International, which operates the AXA Global Healthcare brand.

“When families are supported to settle, stay connected and feel well, assignees thrive. When they aren’t, even the best-designed mobility programmes can falter. Our research highlights a clear opportunity for employers to take a more holistic, family-first approach to supporting the full assignment journey.”

Repatriation support missing

The research also highlighted other critical stages of the assignment journey, including repatriation, where many assignees face challenges with mind health, cultural readjustment, and ongoing support.

Only 2 in 5 assignees are offered psychological support post-assignment, despite 9 in 10 reporting a difficult period with their mind health challenge during their time abroad.

And although over half receive a promotion or guaranteed role on return, personal wellbeing and cultural readjustment often lag behind.

“Having lived and worked in six countries, I know first-hand that coming home can be the hardest part,” said Virginie Faucon, Chief Marketing Officer, AXA Health International.

“On my own return to France, the adjustment was unexpectedly complex – the psychological shift, the feeling of being out of sync with your own culture, and the toll on family unity can be profound. Yet only 3 in 5 HR decision-makers provide reverse culture shock training for assignees, showing how often this stage is overlooked. Repatriation is not an ‘end’ to the journey. It needs to be actively supported.”

The rising cost of global placements

The report suggests that the success criteria for assignments are shifting. Salary and logistical support remain essential, but wellbeing, cultural integration, and family inclusion now form the core of a sustainable global mobility strategy.

“Successful international placements build resilient, global organisations,” added Idilby. “But that success depends on people’s lives, families, and wellbeing being supported.

“This means making family support a core pillar of global mobility policy, reviewing benefits more frequently to reflect real-time needs, and recognising repatriation as a stage that requires just as much support as the move itself. Above all, prioritising mind health can help employees and their families adjust, settle, and ultimately thrive.”

ABOUT THE REPORT

AXA Global Healthcare’s 2025 World of Work Report is based on a survey conducted in June 2025 by Savanta, examining the experiences of international assignees and HR decision-makers across multiple global markets.

A total of 689 HR decision-makers and 641 non-native assignees participated. The geographic breakdown was as follows:
HR decision-makers: US 110, UK 109, France 53, Germany 54, UAE 55, Kenya 52, Hong Kong 50, Singapore 50, Thailand 53, China 103.

Non-native assignees: US 106, UK 114, France 51, Germany 52, UAE 59, Kenya 66, Hong Kong 49, Singapore 52, Thailand 51, China 41.

The report highlights trends in international assignment success, family support, mental health, and the repatriation experience, providing insights for organisations seeking to optimise their global mobility programmes.

The full report is available to read here: https://www.axaglobalhealthcare.com/en/about-us/reports/world-of-work-reports/

Hashtag: #AXA

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

AXA Global Healthcare

ABOUT AXA HEALTH INTERNATIONAL AND AXA GLOBAL HEALTHCARE

AXA Health International is part of the wider AXA Group and specialises in international health and wellbeing solutions.

AXA Global Healthcare operates as one of the commercial entities within AXA Health International, providing premium international health insurance to individuals and businesses worldwide and has been protecting the healthcare needs of globally mobile citizens for more than 60 years. Offering cross-border health insurance to businesses and private individuals, we support customers living in more than 200 countries. Our constantly evolving propositions build upon decades of experience in global healthcare and the local knowledge and capabilities of AXA’s healthcare businesses across the world. We offer customers care and support though a global virtual doctor service, second medical opinion and personal case management services as well as evacuation and repatriation assistance. And to make sure customers get speedy access to medical treatment wherever they are in the world, they have access to AXA’s global medical network of 2.1 million healthcare providers.

AXA Global Healthcare is committed to driving a diverse workforce and promoting gender equality. We are part of the AXA Group – a global insurance company with more than 93 million clients worldwide.

To find out more visit

Infinix Brings Tournament-Grade Performance to the 2025 PUBG MOBILE Global Championship with GT 30 Pro as the Official Gaming Device

Infinix reinforces its commitment to mobile esports worldwide as the GT 30 Pro powers the 2025 PUBG MOBILE GLOBAL CHAMPIONSHIP in Bangkok.

HONG KONG, Dec. 5, 2025 /PRNewswire/ — Infinix today announced its continued cooperation with PUBG MOBILE for the 2025 PUBG MOBILE Global Championship, with the Infinix GT 30 Pro selected as the exclusive official gaming device for this year’s tournament. The announcement follows the recent launch of the inaugural 2025 PUBG MOBILE Africa Cup in Kenya and underscores Infinix’s growing role in supporting competitive mobile gaming across emerging markets and on the global stage.

Infinix Sponsored Team at 2025 PMGC
Infinix Sponsored Team at 2025 PMGC

2025 PMGC Set to Unite 40 Elite Teams in Bangkok

The 2025 PUBG MOBILE Global Championship will take place in Bangkok, Thailand, from November 24 to December 14. The tournament features four stages: The Gauntlet, Group Stage, Last Chance, and Grand Finals. A total of 40 top teams from 12 regions, including one invited host team from Thailand, will compete for the world title.

As the official device sponsor, Infinix will support tournament operations with the GT 30 Pro and will be featured across event and broadcast integrations throughout the competition. Infinix will also present the tournament’s FMVP Award, recognising the standout player of 2025 PMGC.

2025 PMGC Official Gaming Phone GT 30 Pro
2025 PMGC Official Gaming Phone GT 30 Pro

GT 30 Pro Delivers Reliable Tournament-Level Performance for 2025 PMGC

As the official gaming device of the 2025 PMGC, the Infinix GT 30 Pro has been optimised to support the demands of high-intensity competitive gameplay. The device maintains stable high-frame-rate performance, rapid touch response, and dependable thermal management during extended match sessions. Its responsive controls, high-refresh display, and system-level enhancements for PUBG MOBILE ensure that professional players can compete with accuracy and consistency throughout the tournament.

The Infinix Product Director said: “Infinix believes that competitive mobile gaming should be both high-performance and accessible. Our involvement in the 2025 PMGC, following initiatives such as the 2025 PUBG MOBILE Africa Cup, 2025 PMSL CSA, MENA, AM, and EU, allows us to support global competition with the GT 30 Pro while enabling more players to experience the excitement of professional mobile esports.”

From 2025 PUBG MOBILE Africa Cup to 2025 PMGC: Strengthening Esports Pathways

Earlier this year, Infinix and PUBG MOBILE launched the first official tournament on the African continent, the 2025 PUBG MOBILE Africa Cup in Kenya. The GT 30 Pro served as the official device, and the champion team secured direct qualification for the 2025 PMGC. This marked a meaningful step forward in supporting the growth of esports in emerging regions.

As the journey to PMGC continues, Infinix is rolling out global fan-engagement initiatives that bring communities closer to the world’s biggest mobile esports stage. These include creator-led content collaborations, regional community activities, and interactive digital campaigns that highlight the passion and energy of mobile esports.

In selected regions, Infinix will also introduce PMGC-themed product experiences and limited-time fan rewards to build additional excitement around the competition.

Main Infinix PMGC Activities

  • Four featured content creators will take part in the PUBG MOBILE Superstars Unite programme as Infinix Team.
  • A total of 16 fan ambassadors from around the world will participate, representing Indonesia, Malaysia, Pakistan, Bangladesh, Saudi Arabia, Kenya, Tanzania and Ethiopia.
  • Infinix will support three teams from emerging markets: ARCRED, Influence Rage and True Rippers.

Key Tournament Information

  • Dates: November 24 to December 14, 2025
  • Grand Finals: December 12 to 14
  • Location: Bangkok, Thailand
  • League Stage Venue: Imperial World Samrong
  • Grand Finals Venue: Siam Paragon Hall
  • Official Gaming Device: Infinix GT 30 Pro
  • Livestream Platforms: Twitch, YouTube Gaming, PUBG MOBILE Official Channels

About Infinix:

Founded in 2013, Infinix is a trendy tech brand crafted for young consumers. With a presence in over 70 countries, Infinix delivers cutting-edge technology, stylish design, and outstanding performance. Our product lineup includes smartphones, TWS earbuds, smartwatches, laptops, and smart TVs. In 2023, Infinix was recognized in Kantar and Google’s top 50 Chinese Global Brand Builders Report and ranked sixth in Fast Company’s World’s Most Innovative Companies of 2024 in the Asia-Pacific sector. For more information, please visit: http://www.infinixmobility.com/.

About PUBG MOBILE:

PUBG MOBILE is based on PUBG: BATTLEGROUNDS, the phenomenon that took the world of interactive entertainment by storm in 2017. Up to 100 players parachute onto a remote island to battle in a winner-takes-all showdown. Players must locate and scavenge their own weapons, vehicles, and supplies, and defeat every player in a visually and tactically rich battleground that forces players into a shrinking play zone. PUBG MOBILE is co-developed by LIGHTSPEED STUDIOS of Tencent Games and KRAFTON, Inc.

For more information, please visit the official PUBG MOBILE accounts on Facebook, Instagram, X and YouTube.

PUBG MOBILE is available to download for free on the App Store and Google Play.

Soaring into the Future: A Triumphant Close for the 27th China Hi-Tech Fair


SHENZHEN, CHINA – Media OutReach Newswire – 5 December 2025 – On November 16, 2025, the three-day 27th China Hi-Tech Fair (CHTF) successfully concluded at Hall 16 of the Shenzhen World Exhibition & Convention Center (Bao’an District). As a major industrial event aligned with national strategic goals, this year’s fair closely followed the guidance outlined in the 15th Five-Year Plan, which calls for “accelerating the development of strategic emerging industry clusters in the low-altitude economy,” as well as directives from the government work report to “promote the safe and healthy development of the low-altitude economy.”

Soaring into the Future: A Triumphant Close for the 27th China Hi-Tech Fair
Soaring into the Future: A Triumphant Close for the 27th China Hi-Tech Fair

The exhibition attracted over 200 leading enterprises from across the global low-altitude industry chain, showcasing more than 1,000 cutting-edge technologies and products in the field. The event welcomed over 450,000 professional buyers and industry guests from around the world and drew more than 300 specialized procurement delegations focused on the low-altitude sector. This fair served as a vital platform for driving the scaled growth of the low-altitude economy, strengthening its role as a key bridge between policy direction, industrial innovation, and global market integration.

Capturing the Highlights: A Tech Extravaganza Ignites Industry Enthusiasm

Throughout the exhibition, a series of high-impact moments vividly reflected the growing momentum of the industry. At the opening ceremony, a “low-altitude intelligent drone performance” featuring a fleet of over 100 drones executed precise formation changes, showcasing cutting-edge technology and energizing the audience.

The China launch of the Drone Simulator World Cup Racing Series was broadcast live across multiple platforms, drawing over one million viewers for a single session and offering global audiences a thrilling taste of the “F1 of the skies.”

Meanwhile, the Drone Soccer demonstration area became a popular interactive hotspot, presenting the diverse application potential of low-altitude technologies in a fun and engaging way. These highlights offered compelling proof of the accelerating large-scale deployment of “new technologies, new products, and new scenarios” within the low-altitude economy.

Showcasing End-to-End Innovation: Driving Industrial Upgrades Through Technological Vitality

Inside the exhibition hall, innovation across the entire industry chain was in full bloom.

In the core components sector, industry leaders demonstrated robust technological capabilities. Among them were AVIC Composite, a world-class enterprise under the State-owned Assets Supervision and Administration Commission (SASAC), showcasing advanced prepreg and honeycomb products; and Shaanxi Maosong Sci-Tech, a nationally recognized “Little Giant” enterprise specializing in high-precision innovation, exhibiting high-performance titanium alloy materials—together laying a solid foundation for industrial development.

On the core equipment front, a diverse array of breakthrough solutions reflected the industry’s growing depth. Yingwu Intelligent presented its eVTOL aircraft; HighGreat Innovation unveiled its comprehensive drone ecosystem; HaDeepTech showcased its integrated “Smart Management + Smart Flight” system; and Efy Intelligent Control offered its industrial-grade drone solutions—covering a wide range of application scenarios across cultural tourism, industrial operations, and intelligent control.

In specialized sub-sectors, a number of key innovations contributed to building a comprehensive low-altitude industry ecosystem across energy supply, safety, and operational services.

Notable examples include perovskite energy products from Guangdong Vascular Energy, intelligent counter-drone systems from LIGONG Quansheng, airspace management solutions from Shenzhen Urban Transport Planning Center, and general-purpose soft robotics from Wanxun Technology.

These technologies collectively strengthen the ecosystem from multiple dimensions. Meanwhile, featured innovations from leading enterprises such as Xingtu Dynamics and Liangma Technology further enriched the exhibition, offering visitors an immersive experience of how low-altitude technologies are transforming a wide range of industries.

Empowering Through Forums and Matchmaking: Building a Strong Bridge for Industrial Synergy

As a core component of the exhibition, the 2nd China Low-Altitude Economy Industry Summit Forum brought together academicians from China’s two leading academies, industry experts, and representatives from top enterprises. The forum featured in-depth discussions on key topics such as aircraft design optimization, intelligent airspace management, and the development of industry standards systems.

Two major releases—the White Paper on Low-Altitude Economy Talent and the 2025–2027 Shenzhen Low-Altitude Economy Standard Framework and Development Roadmap—provided authoritative guidance for the sector’s future development.

The Forbes China Exclusive Showcase Zone offered innovative enterprises a high-profile international exposure platform, further enhancing the layout of the low-altitude economy ecosystem.

A series of global procurement matchmaking sessions and investment–financing alignment meetings effectively connected technology providers, manufacturers, application platforms, and capital partners. More than 300 specialized procurement delegations in the low-altitude sector helped enterprises expand their commercial footprint, while dedicated investment sessions accelerated the commercialization of innovative outcomes.

Widespread Acclaim: A Shared Vision for the Future of the Low-Altitude Economy

The exhibition received high praise from both exhibitors and visitors.

Many participating companies commented, “The professionalism and foot traffic of the fair far exceeded our expectations. It not only enabled us to connect precisely with high-quality partners but also gave us a strong sense of the rapid progress from technological R&D to real-world applications in the low-altitude economy. We’re more confident than ever about the industry’s future.”

Overseas buyers also shared their impressions, stating, “The level of innovation in the products and technologies here is truly impressive. It fully demonstrates the strength of China’s low-altitude economy. We look forward to exploring deeper cooperation in the future.”

The successful conclusion of this year’s fair not only showcased the vibrant momentum of cross-sector integration within the low-altitude economy, but also established a solid platform for global technology exchange and industrial collaboration.

Looking ahead, the fair will remain closely aligned with national strategic priorities, continue to aggregate global innovation resources, deepen collaboration across industry, academia, research, and application, and further optimize the industrial ecosystem.

By vigorously promoting the “Low-Altitude Economy +” cross-sector integration initiative, the event will help accelerate Shenzhen’s efforts to build a globally competitive low-altitude economy industrial cluster.

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