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Huawei Cloud Launches AI Ecosystem Alliance in Hong Kong

Partnering to Accelerate Industry Intelligence from Cloud Native to AI Native

HONG KONG, Nov. 21, 2025 /PRNewswire/ — The Huawei Cloud AI Summit Hong Kong 2025 and Huawei Developer Competition APAC Awards Ceremony convened at Cyberport, attracting over 200 enterprise leaders, partners, and developers. The summit focused on AI industrialization, digital infrastructure, and collaborative AI ecosystem development. The Huawei Hong Kong AI Ecosystem Alliance was officially inaugurated, alongside the launch of new cloud services including Model as a Service (MaaS) and the “Migration All” cloud migration plan, designed to reducing the barriers to AI application and accelerating digital transformation. The ceremony also recognized outstanding developers from 10 countries and regions across APAC.

The summit featured Ms. CHEONG Man-Lei, Lilian, JP, the Under Secretary for Innovation, Technology and Industry of the HKSAR Government, as the guest of honor. In her opening remarks, she stated that AI has become a crucial driver of global industrial development. The Chief Executive’s 2025 Policy Address explicitly identified AI as a future core industry in Hong Kong’s development. To enhance Hong Kong’s AI R&D capabilities and lay the foundations for wide-ranging AI applications, the SAR government is actively promoting AI development through various initiatives, including setting up the AIR@InnoHK research cluster, launching the Frontier Technology Research Support Scheme, establishing the Hong Kong AI Research and Development Institute, as well as various measures to expand the local research, innovation, and technology talent pool. Ms. CHEONG recognized Huawei for organizing the developer competition, providing a platform for top developers from 10 countries and regions to share ideas in Hong Kong, and for their active contribution to international AI talent development and positioning Hong Kong as a talent hub.

AI+ Strategy: Enhancing Industry Intelligence, Constructing an Open Ecosystem

Mr. Sunny Shang, President of Huawei Cloud Asia Pacific, noted in his welcome remarks that Hong Kong’s strategic location makes it a natural gateway for China’s AI ecosystem to expand globally and for international innovation to enter the Chinese mainland. He highlighted that Hong Kong drives industry transformation through its AI+ strategy. Huawei Cloud offers robust digital intelligence support to businesses by deploying AI infrastructure, four availability zones, and ultra-low latency cloud services in Hong Kong. Furthermore, Mr. Shang stated that Huawei Cloud will capitalize on Hong Kong’s diverse industries and rich data resources to create an open innovation environment and establish a global intelligence hub in collaboration with Asia Pacific partners.

Industry-Academia-Research Collaboration: Embracing the New Ecosystem of AI Transformation

Ir. Eric Chan, Chief Public Mission Officer of the Hong Kong Cyberport, and Prof. DONG Cheng, Associate Vice President for Mainland Research Development of Hong Kong Polytechnic University (PolyU) also delivered opening remarks on how industry-academia-research collaboration fosters the growth of Hong Kong’s AI sector from both ecosystem and talent perspectives. Ir. Eric Chan stated that Cyberport is actively partnering with tech giants like Huawei to advance the research and application of AI and cloud technologies. Together, they cultivate talent and accelerate innovation through technical trainings, resource sharing, and global networks, helping to shape Hong Kong as a global AI and innovation hub. Prof. DONG Cheng noted that the partnership between PolyU and Huawei Cloud has achieved significant milestones in technology research and talent cultivation. The two parties will continue to intensify cooperation in cutting-edge technologies and scientific research, and harness Huawei Cloud’s global network to tap into international industry resources, transforming research outcomes into social benefits.

Huawei Cloud MaaS: Reducing Barriers to AI

Mr. William Dong, President of Huawei Cloud Marketing, introduced several new services. Notably, the MaaS service enables AI compute activation in under one day, simplifying AI platform preparation and accelerating service deployment, making AI models more accessible. He also announced Model Application Firewall (MAF), the one-stop agent platform Versatile, and Huawei Cloud Stack 8.6 — a comprehensive suite of AI solutions from development to deployment.

Mr. Ben Ding, Senior Director of Huawei Computing Asia Pacific Eco-development, introduced Huawei’s CANN open-source initiative. After seven years of effort, Huawei has fully open-sourced its AI software stack, equipping developers with essential atomic capabilities. Currently, it supports over 50 leading open-source communities and projects, with more than 2,000 code requests submitted and over 370,000 lines of code committed, providing a robust technical foundation for enterprise intelligence upgrades.

Industry Collaboration: Three Keys to AI Applications

Mr. Jason Zhang, Managing Director of Huawei Cloud Hong Kong and Macau delivered a keynote speech on accelerating intelligence with innovation and reliability. He highlighted three key factors for effective AI usage: a robust data foundation, comprehensive lifecycle security, and sustainable development. He showcased several successes of Huawei Cloud’s collaboration in Hong Kong, including enhancing the digital operational efficiency of commercial real estate like China Resources Longdation; extending the weather forecast period from 7 days to 15 days for the Hong Kong Observatory; and applying AI technologies to local soft-shell crab farming.

Representatives of multiple partners highlighted their extensive collaboration with Huawei Cloud. They have integrated AI into various areas, including smart city management, industrial upgrades, and social innovations. Hong Kong Telecom (HKT) automates intelligent customer service, reducing service query times by 60% and lowering operating costs by 40%. TGT advances the intelligent transformation of data centers, enhancing operational security and service quality. City University of Hong Kong presents the first right-hand drive autonomous driving test platform, offering replicable experiences to expedite the commercialization of autonomous vehicles. Winner Technology employs AI visual analysis and data models to achieve accurate passenger flow statistics and consumer behavior analysis, aiding shopping malls and brand outlets in refining their operational strategies.

AI Ecosystem Alliance, Building an Open Ecosystem

The Huawei Hong Kong AI Ecosystem Alliance was officially launched during the event. Initiated by Huawei, the alliance unites industry leaders like HKT, ASL, Nexify, KBQuest, EY, PwC, iFLYTEK, Deloitte China, WPS, and ICO. Committed to openness and shared success, the alliance addresses real-world needs across sectors including finance, healthcare, and logistics. Its goal is to create an open-source and collaborative AI ecosystem by leveraging the advanced capabilities and expertise of its partners in technology research and development, product innovation, market growth, and professional services.

Huawei Developer Competition 2025: Empowering Asia Pacific Talent

The event concluded by awarding the champions in the Huawei Developer Competition Asia Pacific. This year’s competition drew nearly 1,000 developers from 10 countries and regions in Asia Pacific, with a total of 192 high-quality submissions. The entries were closely aligned with industry trends, showcasing developers’ ability to transform Huawei AI technologies into practical solutions for real-world challenges. The Finance Track focused on intelligent financial management, credit scoring, and inclusive finance. The Society and Sustainability Track addressed healthcare, disaster response, and smart transportation. Team EvoClass Nexus from Hong Kong, China won the Society and Sustainability Track with their AI education platform. Team Sproutshk from the Philippines claimed the Finance Track title with their AI financial management application. This competition not only energized top developers in the region but also integrated individual expertise with the collective wisdom of the ecosystem, continually expanding the pool of AI innovation talent in Asia Pacific.

Huawei Cloud AI Summit Hong Kong 2025 and Huawei Developer Competition APAC Awards Ceremony successfully held
Huawei Cloud AI Summit Hong Kong 2025 and Huawei Developer Competition APAC Awards Ceremony successfully held

 

Ms. CHEONG Man-Lei, Lilian, JP, The Under Secretary for Innovation Technology and Industry of the HKSAR Government, delivering opening remarks
Ms. CHEONG Man-Lei, Lilian, JP, The Under Secretary for Innovation Technology and Industry of the HKSAR Government, delivering opening remarks

 

Mr. Sunny Shang, President of Huawei Cloud Asia Pacific, delivering welcome remarks
Mr. Sunny Shang, President of Huawei Cloud Asia Pacific, delivering welcome remarks

 

Ir. Eric Chan, Chief Public Mission Officer of the Hong Kong Cyberport, delivering opening remarks
Ir. Eric Chan, Chief Public Mission Officer of the Hong Kong Cyberport, delivering opening remarks

 

Prof. DONG Cheng, Associate Vice President of The Hong Kong Polytechnic University, delivering opening remarks
Prof. DONG Cheng, Associate Vice President of The Hong Kong Polytechnic University, delivering opening remarks

 

Mr. William Dong, President of Huawei Cloud Marketing, presenting Huawei Cloud's new offerings
Mr. William Dong, President of Huawei Cloud Marketing, presenting Huawei Cloud’s new offerings

 

Mr. Ben Ding, Senior Director of Huawei Computing Asia Pacific Eco-development, introducing CANN open-source initiative
Mr. Ben Ding, Senior Director of Huawei Computing Asia Pacific Eco-development, introducing CANN open-source initiative

 

Mr. Jason Zhang, Managing Director of Huawei Cloud Hong Kong, delivering a keynote speech
Mr. Jason Zhang, Managing Director of Huawei Cloud Hong Kong, delivering a keynote speech

 

Huawei Hong Kong AI Ecosystem Alliance officially launched
Huawei Hong Kong AI Ecosystem Alliance officially launched

 

Huawei Developer Competition 2025 Asia Pacific Awards Ceremony
Huawei Developer Competition 2025 Asia Pacific Awards Ceremony

 

Huawei Developer Competition 2025 Asia Pacific Awards Ceremony
Huawei Developer Competition 2025 Asia Pacific Awards Ceremony

 

Huawei Developer Competition 2025 Asia-Pacific Grand Finals Successfully Concluded

HONG KONG, Nov. 21, 2025 /PRNewswire/ — The Huawei Developer Competition 2025 Asia-Pacific Final Pitch concluded successfully on November 19, 2025, at The Hong Kong Polytechnic University. This year’s competition attracted close to 1,000 developers from 10 countries and regions across the Asia-Pacific, showcasing 192 high-quality projects. Among them, 15 outstanding teams advanced to the final pitch—9 from the Society & Sustainability track and 6 from the Finance track.


In the opening remarks, Professor DONG Cheng of The Hong Kong Polytechnic University emphasized the importance of “turning ideas into impact.”


Jing Niu from Huawei Cloud reflected on the competition’s three-year evolution and introduced a new “social impact” judging criterion, reinforcing Huawei’s commitment to “Tech for All.”


Throughout the day, the 15 finalist teams delivered compelling pitches and participated in in-depth Q&A sessions with judges during the morning and afternoon segments. An authoritative panel comprising experts from investment, academia, and technology sectors ensured a thorough and professional evaluation. Additionally, ten developers were honored with the HCDE certification, recognizing their deep technical expertise in Huawei Cloud technologies and contributions to the global developer community.


The award ceremony held on November 20 celebrated the remarkable achievements of this year’s participants. Congratulations to all the talented teams of the Huawei Developer Competition 2025 (Asia-Pacific)!

Society & Sustainability Track Winners
Champion: EvoClass Nexus (HK SAR)
1st Runner-up: EiPCA (TH), Prompify (HK SAR)
2nd Runner-up: Remember Me (MY), SiaNoo KMITL (TH), ChainMarkX (SG)
Outstanding Project Award: Kuantica (PH), Flow (ID), Fahrenheit (MY)


 


 


 


Finance Track Winners
Champion: Sproutshk (PH)
1st Runner-up: GardaChain (ID), Nama Perserta (ID)
2nd Runner-up: CreditPass (PH), Bubstal (HK SAR), Puad Huawei (TH)


 


 


About Huawei
Founded in 1987, Huawei is a leading global provider of information and communications technology (ICT) infrastructure and smart devices. We are committed to bringing digital to every person, home and organization for a fully connected, intelligent world. We have approximately 208,000 employees and we operate in over 170 countries and regions, serving more than three billion people around the world. For more information, visit Huawei online at www.huawei.com.

 

China’s 15th National Games: Dashing forward in the Greater Bay Area

BEIJING, Nov. 21, 2025 /PRNewswire/ — A news report from China.org.cn on China’s 15th National Games and the Greater Bay Area:


China’s 15th National Games: Dashing forward in the Greater Bay Area

The gigantic ring-shaped cauldron is “ablaze” above the Guangdong Olympic Sports Center, as 34 sporting disciplines unfold over the past fortnight or so. One might wonder: Is China hosting another major international sporting event?

In fact, this is nothing other than China’s own National Games.

Held every four years, the National Games are akin to China’s version of the Olympics, which also share a similar competition line-up as that of the Olympic Games. The 15th National Games (the Games) is special — it is the first edition that has been jointly hosted by Guangdong, Hong Kong and Macao. That means, the Games is crossing two social systems and three customs territories.

In the cycling road race event, athletes set off from Zhuhai Museum in Guangdong Province and pedaled all the way across the Macao Bridge, past Hong Kong International Airport and Hong Kong Disneyland, ticking off a series of Greater Bay Area landmarks, all while in medal contention.

These few hours of competition are, in essence, a vivid footnote to the ongoing journey of development in the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).

The GBA is an urban cluster consisting of the two special administrative regions (SAR) of Hong Kong and Macao, together with a group of cities in Guangdong Province. In 2019, the development of the Guangdong-Hong Kong-Macao Greater Bay Area was elevated to a national strategy. By then, Hong Kong and Macao had returned to their motherland for about two decades, and great changes had taken place in their social and economic landscapes. Meanwhile, the industrial structure in the Pearl River Delta was in urgent need of transformation and upgrading. Thus, by advancing the development of the GBA, China sought to deepen reform and drive institutional innovation, boosting integrated growth in the three regions, and fostering a new engine of economic expansion.

The cyclists at the 15th National Games were able to shuttle among the three regions within half a day, thanks to the Hong Kong-Zhuhai-Macao Bridge jointly built by the three places. As the world’s longest sea-crossing bridge, it has handled over 90 million passenger trips since it opened seven years ago. Since 2023, private vehicles from the two SARs can apply for digital plates, stick the RFID cards onto their cars, then smoothly travel to Guangdong Province via the Hong Kong-Zhuhai-Macao Bridge checkpoint.

Without altering existing systems, the three regions have innovatively facilitated the flow of vehicles, data and talent. Now, the Guangzhou-Shenzhen-Hong Kong Express Rail Link operates so frequently and routinely, that it’s almost like an intercity shuttle; the ShenzhenHong KongGuangzhou tech hub has ranked among the world’s leading innovation hubs for years; at the ports of entry across the GBA, ordinary citizens of all profiles are often seen passing through customs with bikes. The GBA, with less than 0.6% of China’s land area, has generated one-ninth of the country’s GDP.

Some say, the 15th National Games offers a condensed glimpse into the past, present, and future of the Greater Bay Area. Over a century ago, Hong Kong and Macao were forced to separate from the motherland; now, a scene of people running forward side-by-side in the GBA is being depicted through the sporting event.

China Mosaic 
http://chinamosaic.china.com.cn/

Rokid Surpasses $4 Million on Kickstarter, Announces Transition to Official Website Pre-Orders

SAN FRANCISCO, Nov. 21, 2025 /PRNewswire/ — Rokid, a global pioneer in human-computer interaction and augmented reality, today announced the successful completion of its Rokid Glasses Kickstarter campaign, which officially closed at $4,028,111 in total funds raised, following the device’s rise to the #1 XR project on the platform earlier this year, and as one of the highest-funded wearable technology projects in Kickstarter history.

With continued support from international backers, Rokid’s global crowdfunding total has now surpassed $5.5 million (including Crowdfunding in Taiwan). In response to this continued demand, Rokid will officially transition all new pre-orders for Rokid Glasses from Kickstarter to its official global website, beginning November 20, 2025.

The Record-Setting Kickstarter Campaign


The Rokid Glasses campaign, launched earlier this fall, drew support from over 5800 backers across more than 80 countries. The campaign’s performance—exceeding $4 million in contributions—demonstrates sustained global interest in the company’s lightweight, AI-powered AR eyewear.

Throughout the campaign, customers praised the device’s lightweight form factor, AI-enabled accessibility features, and practical applications in communication, navigation, and everyday productivity. With the end of the Kickstarter phase, Rokid states that the limited-time discounts and bonus bundles offered during the crowdfunding campaign have concluded.

Official Website Pre-Orders Open November 20

Beginning November 20, Rokid will offer Rokid Glasses for pre-order directly through its Official Website. The shift marks the next step as Rokid begins its global production rollout. While pricing and offers will differ from those available during the Kickstarter campaign, customers will continue to have access to the full product lineup and global shipping options through Rokid’s website.

Kickstarter backers will receive regular updates on production and fulfillment. The website preorder system is intended exclusively for new customers who missed the crowdfunding period.

A Milestone for Rokid’s Global Expansion

Zoro Shao, the Global General Manager of Rokid, expressed his gratitude for the widespread support from backers around the world. He mentioned that as they move towards accepting pre-orders on their official website, they are excited to introduce Rokid Glasses to an even larger global audience.

The company will continue to provide regular product updates and delivery timelines as it prepares for the next phase of international shipments.

To celebrate Rokid’s 11th anniversary and express gratitude to its global users, the company will launch its biggest Black Friday promotion to date. During Black Friday, Rokid will offer historic low prices on select products, allowing new customers to join the Rokid ecosystem at an unprecedented value.

Full details will be available on Rokid’s official website.

About Rokid

Rokid is a product-oriented platform company with a focus on human-computer interaction for over ten years. As a pioneer in augmented reality, Rokid develops both hardware and software for AR headsets and their surrounding ecosystem, with a mission to ensure that the magic of AI and AR leaves no one behind. With the largest XR developer community in China, its products are consistently regarded among the best wearable devices in the country. It has won the Las Vegas CES Innovation Award for three consecutive years and the German IF Design Award five times.

 

MAMMOTION Announces Its Biggest Black Friday Deals of 2025

LOS ANGELES, Nov. 21, 2025 /PRNewswire/ — MAMMOTION, a global leader in wire-free robotic lawn care technology, has announced its largest discounts of the year for Black Friday 2025. The Black Friday promotion is already underway in the US and will continue until December 3, offering savings of up to $600* on selected models.

MAMMOTION Announces Its Biggest Black Friday Deals of 2025
MAMMOTION Announces Its Biggest Black Friday Deals of 2025

Visit MAMMOTION Online Store or MAMMOTION Amazon Store to learn more and take advantage of the limited-time offers.

Additionally, new customers on the official MAMMOTION online store can also enjoy an extra $50 welcome coupon.

MAMMOTION Product Highlights
LUBA mini AWD series:
Compact and powerful, the LUBA mini AWD is ideal for small to medium lawns up to 0.4 acres, with all-wheel drive (AWD) capable of climbing slopes up to 80% and overcoming obstacles up to 80 mm. Equipped with UltraSense™ AI Vision, it automatically maps your lawn, detects boundaries, and performs zero-distance edge cutting.

  • All-wheel-drive system tackles 80% slopes with dual 88W blade motors.
  • Manage up to 20 mowing and no-go zones via smart app control.
  • Auto mapping with UltraSense™ AI Vision—— mow anywhere, no signal worries

YUKA mini series:
For smaller lawns, the YUKA mini series—ranked No.1 in Amazon’s Best Seller list—offers an affordable entry point with robotic lawn mower with modern features.

  • Set Once, Gain the Rest: In just 10 minutes, the intuitive app maps lawns up to 0.4 acres.
  • Manage up to 15 custom zones with individual schedules.
  • Smart navigation & obstacle avoidance with UltraSense™ AI Vision protects children and pets and automatically respects invisible boundaries.
  • Weighing just 10.6 kg—portable and user-friendly.

YUKA series:
If you’re looking for integrated mowing + sweeping in one machine for the autumn, the YUKA series offers a 2-in-1 lawn care experience with self-emptying sweeping functionality. It is perfect for handling falling leaves while keeping your lawn tidy.

  • Self-emptying lawn mower with quick-attach sweeper kit for leaves, debris, and grass clippings.
  • Empties leaf basket at up to 100 designated points, no user intervention needed.
  • UltraSense™ AI Vision + RTK provides centimeter-level accuracy——no and no perimeter cable required.
  • Dual floating discs provide a carpet-like finish and resist clogging in thick or wet grass.

LUBA 2 AWD series:
As the flagship solution for lawns up to 1.5 acres, the LUBA 2 AWD Series combines all-wheel-drive system (AWD) and a high-torque cutting system to deliver precise and stable performance.

  • 165W blade motor for tackling tough terrain
  • All-wheel-drive system conquers slopes up to 80% (38.6°)
  • UltraSense™ AI Vision with RTK enables precise accuracy — no perimeter wires required
  • Mowing up to 0.3 acres per charge

MAMMOTION products are sold in over 30 countries and regions worldwide, continuing to lead in smart, eco-friendly outdoor solutions. This year, limited-time Black Friday offers let consumers enjoy the largest discounts of the year on selected products—available while stocks last. Don’t miss the chance to upgrade your lawn care with MAMMOTION.

*Discounts may vary by platform; please refer to the actual listings for final pricing.

About MAMMOTION
MAMMOTION is dedicated to creating intelligent, high-quality, and eco-friendly outdoor solutions through innovative robotics. As the maker of the award-winning LUBA 2 AWD Series—named one of TIME’s Best Inventions of 2024—and the versatile YUKA Series, MAMMOTION has transformed robotic lawn care for professionals and homeowners alike. With its new robotic pool cleaning product, the company is expanding its smart garden robotics lineup beyond lawns to pools, continuing its mission to make backyard maintenance easier, smarter, and more sustainable.

CONTACT: pr@mammotion.com

 

NYSE Content Advisory: Pre-Market Update + U.S. Economy Adds 119,000 Jobs in September

NEW YORK, Nov. 21, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

 

NYSE Content Advisory: Pre-Market Update + U.S. Economy Adds 119,000 Jobs in September

Ashley Mastronardi delivers the pre-market update on November 21st

  • Wall Street is starting the day in positive territory following a choppy session yesterday. Major indexes struggled as investors weighed tech valuations and economic data, setting the stage for a cautious rebound this morning.
  • NVIDIA surged early on Thursday, only to reverse course mid-day and close in the red. The S&P 500, where NVIDIA holds the largest weight, fell more than 1.5%, while the Dow dropped roughly 0.8%.
  • The delayed September jobs report showed the U.S. economy added 119,000 jobs—far above the 50,000 economists expected—even as unemployment ticked up to 4.4%.

Opening Bell
Fidelity Investments celebrates the launch of Fidelity Solana Fund (NYSE: FSOL)

Closing Bell
Deaf Kids Code rings the Closing Bell

Click here to download the NYSE TV App

Video – https://mma.prnasia.com/media2/2829783/NYSE_Market_Update_Nov_21.mp4 

Over 300 Attend China-ASEAN Legal Cooperation Talks in Chongqing

CHONGQING, China, Nov. 21, 2025 /PRNewswire/ — A news report from iChongqing.

The 7th China-ASEAN Legal Cooperation Forum opened in Chongqing on November 21, bringing together more than 300 representatives from ASEAN legislative, judicial and government legal bodies, as well as leaders from academia, the legal sector and business communities, with participants from Thailand, Laos, Indonesia and the Philippines.

The forum featured keynote speeches and three sub-forums: China-ASEAN Law School Deans’ Forum, International Commercial Arbitration Forum on the New International Land-Sea Trade Corridor (ILSTC), and China-ASEAN Forum on Governance of Cross-border Crimes. Discussions centered on legal education, commercial arbitration, and the governance of cross-border crime, to strengthen legal frameworks essential for regional development.

ASEAN guests attended the 7th China-ASEAN Legal Cooperation Forum in Chongqing. (Photo/Chen Zhan)
ASEAN guests attended the 7th China-ASEAN Legal Cooperation Forum in Chongqing. (Photo/Chen Zhan)

At the opening ceremony, ASEAN leaders underscored the growing importance of legal collaboration amid geopolitical volatility and rising economic interdependence. Borwornsak Uwanno, Deputy Prime Minister of Thailand, stressed that stronger legal frameworks—especially in investment protection, intellectual property, digital trade, and data management—are essential to support growing cross-border economic activity and ensure stable, predictable conditions for businesses.

Viengthong Siphandone, Secretary of the Secretariat of the Lao People’s Revolutionary Party Central Committee and President of the Lao Supreme People’s Court, noted that the China-ASEAN Free Trade Area 3.0 Upgrade Agreement responds to member states’ needs for greater openness and trade liberalization. The agreement advances the free flow of goods, services, and capital while promoting transparent and mutually beneficial trade rules.

Suharto, S.H., M.Hum, Vice Chief Justice of the Supreme Court of Indonesia, said that the agreement’s new chapter on the green economy aligns with Indonesia’s goal of achieving net-zero emissions by 2060 and developing an integrated electric vehicle supply chain. The framework opens access to China’s green technologies and investment in renewable energy and mineral processing.

During the ceremony, the China-ASEAN Legal Research Center and Southwest University of Political Science and Law signed cooperation agreements with ASEAN partners. Several major publications were also released, including a collection of key ASEAN laws, a practical guide to international commercial arbitration in ASEAN countries, and a set of legal service cases related to the ILSTC.

Since its launch, the forum has attracted steady participation from ASEAN governments, international organizations, and legal experts, enabling over 20 cross-border cooperation agreements and issuing legal practice guidelines that support foreign investment—advancing both legal theory and practice.

BitMine Immersion (BMNR) Reports FY25 GAAP EPS of $13.39; ‘Made-in-America Validator Network’ Ethereum Staking to Commence in Early 2026; Declares Annual Dividend of $0.01, the first large-cap crypto company to pay a dividend

Full year fiscal 2025 net income of $328,161,370

Full year fiscal 2025 fully diluted EPS of $13.39 per share

BMNR to launch MAVAN (Made-in America Validator Network), a dedicated staking infrastructure for BitMine assets, in Q1 of 2026

BitMine declares annual dividend of $0.01 per BMNR share

BitMine is the first large-cap crypto company to declare an annual dividend, reflects the company’s commitment to create shareholder value

BitMine will hold its annual shareholder meeting at the Wynn Las Vegas on January 15, 2026

BitMine remains supported by a premier group of institutional investors including ARK’s Cathie Wood, MOZAYYX, Founders Fund, Bill Miller III, Pantera, Kraken, DCG, Galaxy Digital and personal investor Thomas “Tom” Lee to support BitMine’s goal of acquiring 5% of ETH

LAS VEGAS, Nov. 21, 2025 /PRNewswire/ — (NYSE AMERICAN: BMNR) BitMine Immersion Technologies (“BitMine” or the “Company”) a Bitcoin and Ethereum Network Company with a focus on the accumulation of crypto for long term investment, today announced financial results for the fourth quarter and fiscal full year ended August 31, 2025.

“BitMine continues to execute at the highest level. The company is well positioned in 2026 and we look forward to commencing ETH staking with our MAVAN, or Made in America Validator Network, in early calendar 2026,” said Thomas “Tom” Lee, Chairman of BitMine.

On the continued weakness in ETH prices, states Mr. Lee, “Crypto prices continue to suffer as the drop in market liquidity and function since October 10, which was the largest ever single day liquidation event in the history of crypto. In 2022, the post-FTX liquidity shock took 8 weeks to clear, but similar to prior drawdowns, crypto prices quickly recovered. History shows crypto prices stage V-shaped recoveries after a lingering and drawn out decline, and we expect this to again be the case in this current drawdown.”

Full Year Fiscal 2025 Highlights and Current Operational Updates:

  • Full year fiscal 2025 net income of $328,161,370.
  • Full year fiscal 2025 fully diluted EPS of $13.39 per share.
  • BitMine declares annual dividend of $0.01 per BMNR share.
  • BitMine is the first large-cap crypto company to declare an annual dividend. This reflects the company’s commitment to create shareholder value.
  • Declaration date is November 21, 2025; Ex-dividend date is December 5, 2025; Record date December 8, 2025; Payable date is December 29, 2025
  • BitMine selected three top staking providers for a focused pilot to test capabilities as we advance and scale our own dedicated staking infrastructure, Made-in-America Validator Network (MAVAN). Staking is expected to go live during the calendar first quarter of 2026.
  • BitMine is the largest ETH Treasury in the world.
  • BitMine will hold its annual shareholder meeting at the Wynn Las Vegas on January 15, 2026.

Staking Update: MAVAN, the Made in America Validator Network
BitMine assessed several native staking providers who serve institutional clients across a range of criteria including:

  • Safe and secure operations
  • Performance and reward/yield generation
  • Ability to run dedicated infrastructure
  • Overall service quality and support
  • Plan to go live calendar first quarter 2026

The Company selected 3 initial pilot partners to conduct a live test of their staking capabilities using a small portion of our ETH. The test is designed to monitor performance and further evaluate pilot member operations and service quality.

“We plan to partner with one or more of these pilot partners plus world-class infrastructure providers to scale our own “Made in America Validator Network” (MAVAN) over the coming quarter,” continued Lee. “Although many ‘off the shelf’ offerings exist, we believe in building the premier destination for our natively staked Ether and are proud to build with the best partners. At scale, we believe our strategy will best serve the long-term best interests of our shareholders.”

Annual Dividend Declaration
BitMine is the first large-cap crypto company to declare an annual dividend. This reflects the company’s commitment to create shareholder value.

  • BitMine declares annual dividend of $0.01 per BMNR share
  • Declaration date is November 21, 2025
  • Ex-dividend date is December 5, 2025
  • Record date is December 8, 2025
  • Payable date is December 29, 2025

The Fiscal Full Year 2025 Earnings presentation can be found here: https://bitminetech.io/investor-relations/

The Chairman’s message can be found here: https://www.bitminetech.io/chairmans-message

The company recently released a corporate presentation, which can be found here: https://bitminetech.io/investor-relations/

To stay informed, please sign up at: https://bitminetech.io/contact-us/

About BitMine
BitMine is a Bitcoin and Ethereum Network Company with a focus on the accumulation of Crypto for long term investment, whether acquired by our Bitcoin mining operations or from the proceeds of capital raising transactions. Company business lines include Bitcoin Mining, synthetic Bitcoin mining through involvement in Bitcoin mining, hashrate as a financial product, offering advisory and mining services to companies interested in earning Bitcoin denominated revenues, and general Bitcoin advisory to public companies. BitMine’s operations are located in low-cost energy regions in Trinidad; Pecos, Texas; and Silverton, Texas.

For additional details, follow on X:
https://x.com/bitmnr
https://x.com/fundstrat
https://x.com/bmnrintern

Forward Looking Statements
This press release contains statements that constitute “forward-looking statements.” The statements in this press release that are not purely historical are forward-looking statements which involve risks and uncertainties. This document specifically contains forward-looking statements regarding progress and achievement of the Company’s goals regarding ETH acquisition and staking, the long-term value of Ethereum, continued growth and advancement of the Company’s Ethereum treasury strategy and the applicable benefits to the Company. In evaluating these forward-looking statements, you should consider various factors, including BitMine’s ability to keep pace with new technology and changing market needs; BitMine’s ability to finance its current business, Ethereum treasury operations and proposed future business; the competitive environment of BitMine’s business; and the future value of Bitcoin and Ethereum. Actual future performance outcomes and results may differ materially from those expressed in forward-looking statements. Forward-looking statements are subject to numerous conditions, many of which are beyond BitMine’s control, including those set forth in the Risk Factors section of BitMine’s Form 10-K filed with the Securities and Exchange Commission (the “SEC”) on April 3, 2025, as well as all other SEC filings, as amended or updated from time to time. Copies of BitMine’s filings with the SEC are available on the SEC’s website at www.sec.gov. BitMine undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.