Home Blog Page 1690

First Partnership with Kaspi: UnionPay Cards Achieve almost full Acceptance in Kazakhstan

ASTANA, KAZAKHSTAN – Media OutReach Newswire – 12 November 2025 – UnionPay International (UPI) announced its first-ever partnership with Kaspi, the second-largest bank in Kazakhstan, enabling all ATMs and contactless POS terminals of Kaspi to accept UnionPay cards with multiple payment methods including card insertion and QuickPass tapping. This collaboration elevates UnionPay’s acceptance rate to nearly 100% for POS terminals and 90% for ATMs across Kazakhstan, with breakthroughs achieved among small and medium-sized merchants in border areas and small-to-medium towns. It marks a qualitative leap in UnionPay’s local acceptance network and provides solid support for China-Kazakhstan cross-border payments and people-to-people exchanges.

The partnership spans high-frequency consumption scenarios across Kazakhstan, including premium and everyday supermarkets, gas stations, beauty stores, and fast-food restaurants. It significantly enhances the payment experience for UnionPay cardholders locally. This development aligns well with the growing personnel exchanges since the China-Kazakhstan mutual visa exemption agreement to effect: in the first half of 2025, Chinese tourists’ arrivals in Almaty reached 54,100, a year-on-year increase of 33.4%. UnionPay’s expanding network now delivers more efficient, convenient payment support for cross-border travel and business.

This collaboration represents a key milestone in UnionPay’s nearly two-decade dedication to Kazakhstan. UnionPay cardholders can flexibly use diverse payment methods such as swiping, tapping, and mobile Pay at popular attractions like Shymbulak Ski Resort and Kok Tobe, as well as in mobility scenarios including Yandex Go rides, urban public transport, and Air Astana services.

To date, millions of UnionPay cards have been issued in Kazakhstan, with their transaction volumes in China surging nearly threefold year-on-year in H1 2025. The partnership with Kaspi not only solidifies the foundation of UnionPay’s local payment network but also reinforces its role as a key financial link between China and Kazakhstan, facilitating the connection of financial infrastructure and people-to-people exchange between the two countries.

Hashtag: #UnionPay

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

SK keyfoundry, Accelerates Development of SiC-Based Compound Power Semiconductor Technology

– Secures Core Technological Capabilities Through Acquisition of SK powertech, Aims to Provide Process Technology by End of 2025 –

SEOUL, South Korea, Nov. 12, 2025 /PRNewswire/ — SK keyfoundry, an 8-inch pure-play foundry in Korea, announced that it is accelerating the development of SiC (Silicon Carbide)-based compound power semiconductor technology, bolstering its efforts into the global power semiconductor market. Leveraging its advanced manufacturing expertise and extensive intellectual property (IP) portfolio across the semiconductor manufacturing process, the company has recently acquired SK powertech, a key player with core competencies in the SiC sector — a move that is expected to further strengthen its technological competitiveness.

SK keyfoundry has accumulated a wide range of process optimization technologies and know-how for yield improvement based on its deep manufacturing expertise from wafer fabrication to back-end operations. Through this acquisition, SK keyfoundry has secured SK powertech’s SiC processes and design technologies, which is expected to generate a peerless synergy in the SiC-based compound semiconductor sector. With the acquisition of SK powertech, recognized domestically for its rare commercialized SiC power devices and core process technologies, SK keyfoundry has solidly established a foundation for technological self-reliance in the SiC power semiconductor field.

Building on this foundation, SK keyfoundry is accelerating the development with the goal of providing SiC MOSFET 1200V process technologies by the end of 2025 and launching SiC-based power semiconductor foundry business in the first half of 2026. In particular, the company plans to expand its process technology, focusing on high-voltage and high-efficiency applications such as electric vehicle powertrain systems, industrial power converters, and renewable energy inverters. To achieve this, SK keyfoundry is strengthening its process optimization and reliability evaluation process, while also establishing a dedicated team to provide customized SiC solutions.

In recent years, global demand for compound power semiconductors, including SiC, has been rapidly growing. Adoption of SiC is accelerating across industries where energy efficiency has become a key competitive factor, such as electric vehicles, Energy Storage System (ESS), 5G infrastructure, and data centers. According to market research firm Omdia, the global SiC market is expected to grow at a robust annual rate of over 24% from 2025 to 2030. Amid these market shifts, SK keyfoundry aims to position the SiC-based power semiconductor sector as its next-generation growth engine and expand collaboration with domestic and international customers to increase its global market share. 

“The acquisition of SK powertech, a specialist in SiC, marked a pivotal step for SK keyfoundry in securing its own distinctive technological edge in the compound semiconductor field,” said Derek D. Lee, CEO of SK keyfoundry. “By combining the core development capabilities of both companies and launching high-efficiency SiC power semiconductor process technologies and products, SK keyfoundry aims to establish differentiated technological leadership in the rapidly growing global market for high-voltage and high-efficiency compound semiconductor applications.”

About SK keyfoundry

Headquartered in Korea, SK keyfoundry provides specialty Analog and Mixed-Signal foundry services for semiconductor companies to serve a wide range of applications in the consumer, communications, computing, automotive and industrial industries. With a broad range of technology portfolios and process nodes, SK keyfoundry has the flexibility and capability to meet the ever-evolving needs of semiconductor companies across the globe. Please visit https://www.skkeyfoundry.com for more information.

Finmo and Standard Chartered Partner to Integrate Global Currency Accounts and API-Driven Treasury Connectivity

SINGAPORE, Nov. 12, 2025 /PRNewswire/ — Finmo, the modern Treasury Operating System for global businesses, has partnered with Standard Chartered, a leading international banking group, to launch Global Currency Account (GCA) capabilities that enable businesses to manage pay-ins, pay-outs, and foreign exchange with greater control and visibility across markets.

Announced at the Singapore FinTech Festival 2025, this strategic collaboration allows Finmo customers to open and manage multi-currency accounts starting in Singapore, with expansion planned across the UAE, Hong Kong SAR, and the United Kingdom. By leveraging Standard Chartered’s global infrastructure, Finmo’s Smart Treasury platform can help businesses simplify their global money movement while gaining greater transparency over liquidity and cash positions across entities and currencies.

With Finmo now live on Standard Chartered infrastructure, customers can automate  cross-border payments, execute FX transactions, and access real-time cash visibility – all from within a single, connected environment.

“By connecting Standard Chartered’s global infrastructure with Finmo’s Smart Treasury platform, businesses can simplify global money movement and gain real-time visibility across entities and currencies. Together, we’re giving finance teams greater transparency, control, and foresight over liquidity,” said Richard Oh, Co-founder and Head of Strategy & Network Partnerships at Finmo.

By integrating Standard Chartered’s banking APIs, Finmo becomes one of the few treasury platforms with direct access to multi-market currency accounts and institutional-grade infrastructure. This enables finance teams to move funds securely, manage FX risk efficiently, and gain actionable insights into liquidity, all without the complexity of multiple bank portals or fragmented workflows.

“At Standard Chartered, we are committed to enabling the next generation of digital-first financial infrastructure,” said Luke Boland, Head of Fintech, ASEAN, South Asia and GCNA at Standard Chartered. “Our collaboration with Finmo reflects our shared vision of helping businesses gain faster access to multi-currency liquidity, while improving transparency and control across global operations. Together, we’re unlocking a smarter, more connected treasury experience for modern enterprises.”

The collaboration reinforces Finmo’s position as a trusted infrastructure partner for high-growth companies in Asia and beyond. By combining Standard Chartered’s global banking network with Finmo’s intelligent treasury platform, businesses can now scale international operations with greater visibility, efficiency, and confidence.

About Finmo

Finmo is a global fintech company transforming how modern finance teams manage cash and treasury operations.

Founded by David Hanna, Akhil Nigam, Richard Oh, Raj Vimal Chopra, and Thomas Kang, Finmo is purpose-built for today’s cross-border businesses. Our Treasury Operating System

delivers connected financial intelligence by bringing together data from bank accounts, accounting platforms, ERP systems, and other financial tools, giving CFOs real-time visibility, control, and foresight.

Beyond insights, Finmo empowers action. Through our global payments network and cash management offerings, finance teams can move money, optimize liquidity, and manage FX risk, all within a single intelligent platform. The result: businesses act faster, scale smarter, and operate with confidence in an increasingly interconnected economy.

Trusted by leading enterprises and fintechs, Finmo is licensed in key markets including Singapore, Australia, New Zealand, Canada, the U.S. and the UK. We are committed to building a faster, smarter, and more resilient financial infrastructure for the digital economy.

For more details, visit: https://finmo.net

Media Contact

Sylvia McKaige, Salween Group, Finmo@salweengroup.com 

About Standard Chartered

Press Contact: Alvina Neo, Standard Chartered
+65 8186 8074 Alvina.neo@sc.com 

We are a leading international banking group, with a presence in 54 of the world’s most dynamic markets. Our purpose is to drive commerce and prosperity through our unique diversity, and our heritage and values are expressed in our brand promise, here for good.

Standard Chartered PLC is listed on the London and Hong Kong stock exchanges.

For more stories and expert opinions please visit Insights at sc.com. Follow Standard Chartered on X, LinkedIn, Instagram and Facebook.

Agilent and University of Melbourne Unveil Innovation Hub to Advance Environmental Research and Population Health

Partnership underscores Agilent’s expansion across Asia, including recent establishment of Centres of Excellence (CoEs) within flagship university campuses in South Korea, Singapore and Malaysia

MELBOURNE, Australia, Nov. 12, 2025 /PRNewswire/ — Agilent Technologies Inc. (NYSE: A) announced the launch of its new Agilent Innovation Hub in partnership with the University of Melbourne, acting through the Australian Laboratory for Emerging Contaminants (ALEC). The hub integrates Agilent’s next-generation technologies, including an extensive portfolio of Infinity III Liquid Chromatography (LC) systems and ALEC’s research expertise in the critical area of environmental health and safety.     

(from left) Bharat Bhardwaj, Vice President of APAC Sales at Agilent, and Assoc. Prof. Brad Clarke from the University of Melbourne, at the official unveiling of the Agilent Innovation Hub in Australia.
(from left) Bharat Bhardwaj, Vice President of APAC Sales at Agilent, and Assoc. Prof. Brad Clarke from the University of Melbourne, at the official unveiling of the Agilent Innovation Hub in Australia.

“This collaboration with Agilent shows what’s possible when academia and industry work hand in hand. It allows us to move beyond measuring known contaminants toward discovering the thousands of unregulated chemicals that may be circulating in our environment and bodies. That knowledge is essential for protecting communities and informing smart regulation.” Said Assoc. Prof. Brad Clarke at University of Melbourne.

This marks the second collaboration between Agilent and the University of Melbourne in the context of emerging contaminant research addressing Australia’s priorities in improving population health. Under the technical refresh program, led by renowned Australian environmental scientist Assoc. Prof. Brad Clarke, research will tackle new pollutants, from synthetic per-and polyfluoroalkyl substances (PFAS) to microplastics and flame retardants, driving cutting-edge solutions developed in Australia for Australia.

“We are proud to launch the Agilent Innovation Hub with ALEC, advancing biomonitoring insights while driving environmental research to improve population health in Australia. Leveraging our 6495C Triple Quad LC and LDIR systems, we’ve pioneered ultra-trace detection, achieving world-class breakthroughs in parts per quadrillion (PPQ)-level quantitation of PFAS and microplastics in drinking water[1]. This partnership further solidifies Agilent’s leadership in innovation and reinforces our strategic expansion across Asia, following the establishment of Centres of Excellence (CoEs) within flagship university campuses in South Korea, Singapore, and Malaysia.” Said Bharat Bhardwaj, vice president of APAC sales at Agilent.

At the heart of the Agilent Innovation Hub is a commitment to strengthening the discovery pipeline by combining new capabilities across InfinityLab Assist Technology, InfinityLab Level Sensing, InfinityLab Sample ID Reader, and high-resolution Revident Quadruple Time of Flight LC/MS. Together, these innovations elevate automation and accuracy, allowing scientists to identify previously undetected compounds with unmatched precision. 

Since 2017, Agilent’s long-term collaboration with Assoc. Prof. Brad Clarke has driven continuous innovation, from early studies using Agilent’s 6495B Triple Quad LC/MS system to a pivotal 2019 application note publication. This momentum led to the 2020 establishment of the ALEC research facility, with Agilent as one of its founding industry partners, further advancing Australia’s leadership in environmental analysis and sustainable scientific innovation.

About Agilent Technologies

Agilent Technologies Inc. (NYSE: A) is a global leader in analytical and clinical laboratory technologies, delivering insights and innovation that help our customers bring great science to life. Agilent’s full range of solutions includes instruments, software, services, and expertise that provide trusted answers to our customers’ most challenging questions. The company generated revenue of $6.51 billion in fiscal year 2024 and employs approximately 18,000 people worldwide. Information about Agilent is available at www.agilent.com. To receive the latest Agilent news, subscribe to the Agilent Newsroom. Follow Agilent on LinkedIn and Facebook.

Media Contact

Grace Thong

Agilent Technologies                                                                           

+65 9688 2152

grace.thong@agilent.com

 

[1] https://www.agilent.com/cs/library/applications/an-pfas-drinking-water-6495-tq-5994-5797en-agilent.pdf?srsltid=AfmBOooMHm46D-DGX8zRzQoEPHbaWuASQ-raoAv_dmtC-MriYlawsHBa

CureGene Unveils Groundbreaking Preclinical Data for CG-0416, a Novel Oral Non-GLP-1 Therapy, at Obesity Week 2025

CG-0416, a highly liver-targeted THR-β agonist, demonstrates high-quality weight loss by reducing fat mass while preserving muscle, both as a monotherapy and in combination with GLP-1 RAs.

ATLANTA, Nov. 12, 2025 /PRNewswire/ — CureGene Pharmaceuticals (“CureGene”) today announced the first disclosure of groundbreaking preclinical data for CG-0416, a novel oral non-GLP-1 weight-loss agent, in the Late-Breaking poster session (Poster-350) at Obesity Week 2025. CG-0416 is a highly liver-targeting thyroid hormone receptor beta (THR-β) agonist. Its highlighted profile—oral administration, potent fat reduction, and muscle preservation, and without GLP-1 target associated side effects—positions it as a potential new paradigm that could advance global obesity treatment beyond current GLP-1-based therapies.

While GLP-1 receptor agonists like semaglutide have demonstrated significant efficacy, they are associated with core challenges including muscle loss, gastrointestinal (GI) side effects, and the inconvenience of injectable administration. CG-0416 has been designed to address these limitations through a distinct mechanism. It precisely activates the THR-β receptor in the liver, directly boosting hepatic metabolism to promote fat burning and energy expenditure, without acting on the central appetite control system. This peripheral mechanism fundamentally avoids the potential psychiatric affects and GI adverse events associated with potent appetite suppression and effectively protects muscle tissue.

High-Quality Weight Loss: CG-0416 Monotherapy Achieves “Fat Loss, Not Muscle Loss”

Data presented revealed that in diet-induced obese (DIO) mouse models, CG-0416 monotherapy demonstrated superior “high-quality weight loss.” While achieving weight reduction comparable to semaglutide (Figure 1), approximately 95% of the weight loss with CG-0416 came from fat mass reduction, with minimal muscle loss. In contrast, about one-third of semaglutide-induced weight loss was attributed to lean mass reduction. By not strongly suppressing appetite, CG-0416 is expected to significantly reduce nausea, vomiting, and other GI adverse events, potentially leading to better patient adherence (Figure 2). Furthermore, CG-0416 significantly reduced blood and liver lipid levels and improved glucose tolerance, offering comprehensive metabolic benefits.

Synergistic Effects: CG-0416 in Combination with GLP-1 RAs Breaks Limits in Weight Loss and Remodel the Metabolizing Profile

The studies further explored combination therapies of CG-0416 with various GLP-1 RAs, including semaglutide and oral orforglipron, revealing powerful “1+1>2” synergistic effects.

  • Combination with semaglutide: The combination increased weight loss from 24% (semaglutide monotherapy) to 40%, with some obese mice returning to a healthy weight range. It also significantly mitigated the muscle loss associated with GLP-1 RA monotherapy, increasing body muscle percentage. (Figure 3)
  • Combination with orforglipron: Similar synergistic effects were observed, confirming the robustness of this approach. (Figure 4)

This innovative dual-pathway strategy—combining “central appetite regulation (GLP-1 RA) + peripheral liver metabolism activation (CG-0416)”—offers a novel solution for patients requiring profound weight loss and metabolic restoration.

Figure 1. Efficacy of CG-0416; Figure 2. Appetite Suppression; Figure 3. Efficacy of CG-0416 + Semaglutide; Figure 4. Efficacy of CG-0416+ Orforglipron
Figure 1. Efficacy of CG-0416; Figure 2. Appetite Suppression; Figure 3. Efficacy of CG-0416 + Semaglutide; Figure 4. Efficacy of CG-0416+ Orforglipron

Broad Application Potential Meets Diverse Needs

As a once-daily oral agent, CG-0416 greatly enhances convenience and patient compliance. Its unique advantages cover the needs from different patient populations:

  • CG-0416 Monotherapy: Ideal for individuals seeking healthy status (fat loss and muscle preservation) and for patients intolerant to GLP-1-based therapies.
  • CG-0416 + GLP-1 RA Combination: Provides a more potent, higher-quality (with reduced muscle loss), and sustainable treatment option for patients with obesity and metabolic syndrome.

The data presented firmly establish the strong potential of CG-0416 as a “next-generation benchmark weight-loss therapy” and further validate the efficiency of CureGene’s “Jade” prodrug technology platform. CG-0416 represents not merely a supplement to existing treatments, but a critical step toward a future of high-quality, sustainable, and personalized weight management.

About Obesity Week 2025

Obesity Week 2025 is the world’s premier international event focused on obesity research and treatment. Co-convened by the American Society for Metabolic and Bariatric Surgery (ASMBS) and The Obesity Society (TOS), the conference takes place in November in the United States. It brings together experts from multiple disciplines including surgery, endocrinology, nutrition, and behavioral science to present the latest advancements in obesity research, prevention, and treatment, including pharmacology, surgery, and lifestyle intervention. As a key industry bellwether, Obesity Week 2025 is a critical platform for announcing major research findings and fostering cross-disciplinary collaboration, dedicated to advancing the science of obesity and improving patient care worldwide.

About CureGene

Founded in 2018 and headquartered in China, CureGene is a clinical-stage biotech company advancing novel therapies for global unmet medical needs. Leveraging proprietary technology platforms, the company has built a diversified pipeline of first-in-class candidates with full global intellectual property rights. Current focus areas include cardio-cerebrovascular disorders, antiviral therapies, and metabolic dysregulation. Its interdisciplinary team integrates world-class scientists and industry veterans from leading multinational pharmaceutical companies, driving rapid translation from discovery, clinical development and commercialization. All pipeline assets are strategically positioned to address multibillion-dollar therapeutic markets, with lead programs demonstrating potential for best-in-class efficacy across preclinical and clinical studies.

Forward-Looking Statement

The information released in this press release may contain certain forward-looking statements (such as “will”, “anticipate”, “forecast”, “expect”, “intend”, “plan”, “believe”, “estimate”, “be confident” and other similar expressions), which are based on the current views, beliefs and expectations that the Company or its management has towards the Company’s business operations and financial performance when such statements are made. These forward-looking statements shall not be deemed as guarantees of future outcomes, and such outcomes may be affected by risks, uncertainties, and other factors, some of which are beyond the Company’s control and difficult to predict. Therefore, subject to the impacts of our business, general industry conditions and competition, environment, politics, general economic factors (including fluctuations in interest rates and exchange rates), pharmaceutical industry regulations and medical policies, technological developments, new products and patents obtained by any competitors, the inherent challenges in new product development (including obtaining regulatory approvals), production difficulties or delays, instability in the international economic and financial situation and sovereign risks, reliance on the effectiveness of the protection of the Company’s patents and other innovative products, the Company’s risks of facing patent litigation and/or regulatory actions, future changes and developments in social situations and other various factors and assumptions, the actual results may differ significantly from the information contained in the forward-looking statements.
Such forward-looking statements shall not in any way be considered as any commitments/guarantee made by the Company, its subsidiaries, or any of its directors, officers, management personnel, advisors, employees and/or agents regarding relevant matters. They do not constitute a recommendation to engage in a certain act. None of such personnel assumes any liability with respect to such forward-looking statements. Moreover, the Company and its subsidiaries, directors, management personnel, consultants, employees and/or agents have not and will not assume any responsibility for updating the forward-looking statements contained in this press release to reflect the latest information, future projects or circumstances or events that occur after the release date.

Global pioneer Insta360 brings their immersive world to Melbourne, Australia with first-ever flagship store

MELBOURNE, Australia, Nov. 12, 2025 /PRNewswire/ — Insta360, the global leader and best-selling 360° camera innovators, have announced the opening of their first Australian retail store bringing their immersive world to Melbourne’s Chadstone Shopping Centre from November 18th 2025.

Insta360 announced the opening of their first Australian retail store in Melbourne’s Chadstone Shopping Centre
Insta360 announced the opening of their first Australian retail store in Melbourne’s Chadstone Shopping Centre

This major milestone marks a further step for Insta360’s journey into the Australian market, bringing its award-winning technology and global creator community together under one roof. Designed to be an experience-led space, Insta360 invites visitors to step in and try, learn and play with their latest products – including the X5 and Go Ultra – the brand’s most advanced cameras to date.

Opening our first store in Australia is an exciting milestone for Insta360,” said Max Richter, VP of Marketing and Co-Founder at Insta360. “Melbourne was a natural fit for us given the thriving community, creativity and culture. We can’t wait to welcome everyone from novice photographers through to adventure enthusiasts giving them a place to connect, learn, and be inspired by what’s possible in photography.”

Insta360 X5 – Taking everyday moments and making them cinematic

Loved by Marc Marquez, seven-time MotoGP Champion, the X5 is the ultimate compact camera to push to the limit. The X5 sets a new benchmark for imaging with 360º degree capture, large 1/1.28″ sensors to capture true to life colours with brighter, richer visuals at 8K30fps. What’s more, X5 is packed with features including Invisible Selfie Stick Effect, durable and replaceable lenses and over 208 minutes of battery life for unlimited storytelling possibilities.

Insta360 Go Ultra – The world’s most portable action camera

Tiny and hands-free, the Go Ultra redefines on-the-go shooting with unmatched versatility and stabilisation. Think hands-free POV to effortlessly capture from your perspective, tiny at only 53g but mighty Ultra HD 4K60fps and huge 1/1.28″ sensor and 5nm AI chip – this is the palm-sized powerhouse that will give you complete artistic freedom.

To celebrate this launch, Insta360 will be hosting a Grand Opening Week taking place from Tuesday 18th November to Monday 24th November where visitors will have the opportunity to win prizes and receive storewide discounts at up to 30% off, and of course share ideas and try the latest products before you buy.

Store details:

Location: Chadstone Shopping Centre on Level B1, Site 36. 

Opening hours: Chadstone Opening Hours – see here

ENDS

ASSETS:

X5 Imagery –  HERE

X5 Press Release – HERE

Go Ultra Imagery – HERE

Go Ultra Press Release – HERE

ABOUT INSTA360:
With a “Think bold” mindset, Insta360 empowers people to capture and share their lives in extraordinary ways. Recognized as a market leader and innovator, Insta360’s vast lineup includes the world’s best-selling 360° cameras in the X Series, the thumb-sized GO Series for everyday capture, as well as an extensive range of action cameras, gimbals, webcams, and professional photography solutions. With intuitive, AI-powered software, Insta360 simplifies the creative process, allowing users to focus on storytelling without technical barriers. Insta360 is dedicated to helping a new generation of athletes, creatives, travelers and professionals bring their ideas to life.

Website – https://www.insta360.com/

Instagram – @insta360.anz 

 

Independent Sinovac Shareholders Express Strong Support for Immediate Dividend Payment

BOSTON, Nov. 12, 2025 /PRNewswire/ — Sinovac Biotech Ltd. (NASDAQ: SVA) shareholder Heng Ren Silk Road Investments LLC today announced that it has heard from more than 100 independent Sinovac shareholders expressing overwhelming support for the immediate payment of a $19.00 dividend previously declared by the board.

Sinovac’s stock has been halted from trading since 2019. As a result, Sinovac shareholders missed out on an extraordinary windfall from the success of its COVID-19 vaccine, CoronaVac, and its billions of dollars in sales during the pandemic due to the trading halt. In July 2025, the current Board paid a $55.00 dividend to shareholders as partial compensation for dividends that had not been paid during the trading halt.

The board declared an additional $19.00 dividend per common share on June 17, 2025. The dividend was announced as part of the current board’s effort to pay independent Sinovac shareholders dividends they did not receive but which had been paid to certain affiliates and insiders who were minority shareholders of Sinovac subsidiaries.

More than four months later, Sinovac has failed to announce record and payment dates for the declared dividend.

Sinovac’s failure to provide an update on the promised dividend is especially surprising as both the current board and the SAIF-led consortium that is seeking to replace the current board campaigned on the promise to pay dividends to benefit Sinovac shareholders.

“All of the decisionmakers with influence in the Sinovac saga – the board, insiders, and management – should understand and respect the wishes of independent shareholders,” said Peter Halesworth, the founder of Boston, Massachusetts-based Heng Ren. “Independent shareholder support in favor of dividends is clear and overwhelming. The current board should set record and payment dates for the promised $19.00 dividend now.”

For more information about the “Sinovac Fairness” campaign led by Heng Ren, please see https://www.hengreninvestment.com for more details.

Heng Ren Silk Road Investments LLC This week Heng Ren will invite shareholders to attend a webinar on the voting process and the issues before voters. Please review your voting materials and bring your thoughts and questions. See https://www.hengreninvestment.com/ and click “Sinovac Fairness” for details.

Media Contact:
Peter Halesworth
Founder & CIO
Heng Ren Silk Road Investments LLC
info@hengreninvestment.com 

 

Suunto launches Nautic & Nautic S at DEMA Show 2025: A bold new era in Suunto’s dive computing

SYDNEY, Nov. 12, 2025 /PRNewswire/ — Suunto announces two new dive computers, Suunto Nautic and Suunto Nautic S. These products mark the beginning of a new dive series designed to meet the evolving needs of recreational and technical divers. Suunto continues its underwater legacy with reliable, durable, and modern tools designed and made in Finland.

The new Suunto Nautic Series combines trusted durability with cutting-edge innovation to meet the needs of divers at every level.
The new Suunto Nautic Series combines trusted durability with cutting-edge innovation to meet the needs of divers at every level.

Suunto Nautic – a next generation dive computer built for adventure

The Nautic features a 3.26-inch AMOLED display, the largest of its kind on the market. Designed for maximum readability in all diving conditions, it offers sharp 720×382 resolution and an adaptive interface that keeps critical data clearly visible. The Nautic provides up to 120 hours of diving in medium brightness, 90 hours in night conditions, or 80 hours at full brightness.

In addition to core dive features such as single- and multi-gas support, customizable alarms, compass, and wireless tank pressure compatibility, Nautic includes advanced tools for technical diving: customizable views, trimix support, GF99 and SurfGF indicators, decompression planning, and compatibility with closed-circuit rebreathers. It also supports sidemount diving with dual tank pressure display and switch alerts.

The Nautic is equipped with outdoor tools supporting dive planning and preparation, including GPS, maps, tide information, weather forecasts, and sunrise/sunset times, and uses the Bühlmann 16 algorithm with various settings. A built-in LED flashlight adds utility for low-light conditions.

Suunto Nautic S – compact with full dive functionality

The Suunto Nautic S offers similar functionality in a smaller, lightweight format. It features AMOLED display technology and an intuitive interface for divers who prefer compact devices. The Nautic S includes core diving features for both recreational and technical use, including wireless tank pressure support, audio and vibration alarms, dive planning, compass, and sidemount support. It is ideal for freediving, snorkeling, and mermaiding, with features designed for these sports. The Nautic S also features the Bühlmann 16 algorithm, is water-resistant to 100 meters, rated for dives up to 80 meters, and provides up to 60 hours of non-stop diving.

Suunto entered diving in 1965 with the SK-4 compass. In the decades that followed, Suunto introduced pioneering instruments, including the SME dive computer in 1987 and the Suunto Spyder in 1997 – the world’s first watch-sized dive computer. These milestones helped shape modern diving and established Suunto as a trusted companion for divers worldwide.