PUCHHEIM, GERMANY – Newsaktuell – 18 November 2025 – ELATEC, a leading manufacturer of access technologies, specializing in RFID readers and credentials, has released its latest software development toolkit, TWN4 DevPack 5.07. The new version delivers faster performance, stronger security and greater flexibility for configuring and managing RFID readers, enabling flexible and future-proof access solutions.

“With every DevPack release, our goal is to make life easier for developers, system integrators and end users,” said Tobias Rasche, Global Head of Product Management of ELATEC GmbH. “Version 5.07 takes another big step forward by combining deeper diagnostics, broader mobile credential support and open-standard interoperability, all in one powerful package. With this evolution, our DevPack is now more than a development toolkit—it’s a comprehensive framework for building secure, flexible, and future-ready authentication solutions.”

Future-Proof Mobile and Security Capabilities

DevPack 5.07 expands ELATEC’s support for modern mobile ecosystems, giving developers more ways to deliver seamless, secure, and flexible authentication experiences. Built-in integration for Orange PackID, Transact and AccessGrid eliminates extra setup steps, simplifying deployment of mobile ID solutions for campuses, workplaces and customer loyalty programs. New Bluetooth® capabilities enable developers to create fully customized mobile ID experiences and integrate ELATEC readers effortlessly into existing apps and ecosystems.

The release also introduces support for PKOC (Public Key Open Credential): an open, vendor-neutral standard that aligns perfectly with ELATEC’s agnostic reader philosophy. PKOC gives customers maximum freedom of choice and stronger protection through asymmetric cryptography, creating a more resilient foundation for future-ready access systems.

Additional enhancements include a new API for MIFARE DESFire EV2/EV3 cards, giving developers greater flexibility in advanced security and feature integration. The PIN-after-card option enables two-factor authentication (2FA) with a well-defined authentication process in physical access (PAC) environments. It is designed for use with wall readers featuring keypads, such as the Secustos. Together, these updates simplify mobile credential deployment while raising the bar for security and interoperability across diverse applications.

Smarter Tools for Development and Configuration

DevPack 5.07 gives developers and integrators faster insight into reader performance, greater control over configuration and dramatically shorter update cycles. The result: quicker rollouts, easier troubleshooting and lower maintenance costs across even the most complex deployments.

Key advancements include:

• Enhanced Tracer diagnostics: Deeper transponder analysis and broader technology support—including HID DESFire EV3 and SEOS—enable faster, more accurate troubleshooting and performance validation.
• Compact OSDP configuration updates: The new configuration update cuts time for updates over OSDP by a factor of 10 or greater, minimizes bandwidth requirements and reduces downtime.
• Wiegand configuration via AppBlaster: Expanded options for Secustos and TWN4 Palon readers simplify migration from legacy Wiegand to secure OSDP systems.

These improvements make DevPack 5.07 a more powerful, efficient toolkit for building and managing RFID systems from setup through long-term maintenance.

“The new DevPack gives our partners the freedom to innovate within a secure, open and future-ready framework,” said Gerhard Burits, CEO of ELATEC GmbH. “It’s a perfect example of our philosophy: simplify what’s complex, protect what matters and prepare for what’s next.”

The TWN4 DevPack 5.07 release represents ELATEC’s continued investment in flexibility, interoperability and developer empowerment, making it easier than ever to design and maintain secure, scalable RFID and mobile access solutions across industries.

For more information about TWN4 DevPack 5.07, visit www.elatec.com/devpack

ELATEC enables user authentication and identification solutions worldwide. Together with its global partners, the company develops innovative and future-proof access systems. Combining pioneering universal readers, advanced authentication software, and world-class service and support, ELATEC boosts secure, flexible access management—from physical access control to digital access management, machine authentication, secure printing, EV charging, and more. ELATEC’s comprehensive portfolio of multi-technology readers supports more than 60 transponder technologies (including LF and HF RFID, NFC, and BLE) and 99 physical and mobile credentials. The readers are remotely configurable and updatable, ensuring seamless interoperability and adaptability to evolving market needs. ELATEC collaborates with OEMs, integrators, and organizations to design customized access solutions that enhance security, improve user convenience, and simplify management. Founded in 1988 and headquartered in Munich, Germany, ELATEC is represented at 22 locations worldwide. ELATEC is a part of Allegion. For more information, visit https://www.elatec.com/.
Hashtag: #ELATEC

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

About Allegion:

At Allegion (NYSE: ALLE), we design and manufacture innovative security and access solutions that help keep people safe where they live, learn, work and connect. We’re pioneering safety with our strong legacy of leading brands like CISA®, ELATEC®, Interflex®, LCN®, Schlage®, SimonsVoss® and Von Duprin®. Our comprehensive portfolio of hardware, software and electronic solutions is sold around the world and spans residential and commercial locks, door closer and exit devices, steel doors and frames, access control and workforce productivity systems. Allegion had $3.8 billion in revenue in 2024. For more, visit www.allegion.com.

BEIJING, CHINA – Media OutReach Newswire – 18 November 2025 – On November 12, 2025, the thematic investment promotion event “Synergy Between Beijing and Hong Kong, Connecting the World – Towards a Brighter Future with Chaoyang” was successfully held at the Hong Kong Convention and Exhibition Centre.

Jointly hosted by the Chaoyang District People’s Government and the Beijing Investment Promotion Service Center, and organized by the Chaoyang District Investment Promotion Service Center of Beijing Municipality, the event featured six key segments, including keynote presentations, enterprise case sharing, and roundtable discussions.

The initiative served as a high-efficiency platform to foster deep integration across innovation, industry, capital, and talent networks between Beijing and Hong Kong, advancing strategic cooperation between the two regions.

Chaoyang District continues to strengthen cooperation between Beijing and Hong Kong, with a strategic focus on key areas of collaboration and industrial development priorities. A series of major investment and strategic partnership projects were signed, covering critical sectors such as business services, finance, technology, and culture and tourism. The total value of the signed agreements reached approximately RMB 19.5 billion, with notable achievements across all sectors.

1. Synergistic Collaboration, Multi-Sector Highlights

From fintech to cultural and creative consumer products, a diverse range of projects converged at the event. The cooperation between Beijing and Hong Kong is advancing in parallel across multiple sectors, forming a new ecosystem for coordinated industrial development.

Investing in Beijing: Diverse Sectors Flourish, Driving Industrial Upgrades

In the business sector, China Resources MixC is launching Beijing’s first TOD (Transit-Oriented Development) integrated project under the city’s innovative “pre-sale of land-use rights” model. This high-end commercial complex will accelerate the transformation of the area into a transit-centered urban hub.

In finance and pharmaceuticals, both CITIC Prudential Life Insurance Co., Ltd. and Sanofi (China) Investment Co., Ltd. have increased their capital investment, further supporting innovation in the real economy and the biomedical sector.

Bank of East Asia will establish Yiya (Beijing) Commercial Management Co., Ltd. in Chaoyang District to oversee its commercial real estate operations and business consulting services in Beijing. This marks the bank’s strategic move to deepen cooperation between Beijing and Hong Kong and expand its presence in the capital market.

Jingling Quantum AI (Beijing) Co., Ltd. will set up operations in Chaoyang to build the nation’s first AI industry cluster centered around “AI health consumption agents.”

Shoucheng Smart Control Holdings has launched a new Embodied Intelligence Industry Investment Fund in Chaoyang District. Leveraging a “Industry + Park + Fund” model, the initiative aims to establish a complete ecosystem from R&D to application, injecting strong capital momentum and expanding the space for new-quality productive forces.

Investing in Hong Kong: Complementary Strengths, Coordinated Development

Qimengdao Group and Hong Kong’s Bauhinia Magazine have entered a cultural collaboration focused on creative toy IP development. By combining Beijing’s cultural innovation strengths with Hong Kong’s international reach, they will jointly design and launch a limited-edition panda character—”Golden Bauhinia: Rising High”—exclusively for the Hong Kong market. The product will be sold at nearly 50 locations across the city, promoting integrated development of the cultural industries in both regions.

Strategic Cooperation: Cross-Sector Partnerships to Explore Innovative Pathways

In the culture and tourism sector, China Tourism Group, Maoyan Entertainment, and Genki Forest have joined forces to integrate tourism assets, film and entertainment IP, and brand marketing resources. Together, they aim to develop an innovative business model combining “culture (film, performances) + tourism + consumption + sports,” with Chaoyang as the hub for resource integration and distinctive product development, thereby boosting urban consumer vitality.

In the business services sector, BlueFocus Data Technology Group (Beijing) signed a memorandum of understanding with Invest Hong Kong. The two parties will collaborate on tech-driven marketing innovation and leverage Hong Kong’s role as a base for Chinese enterprises going global. The partnership aims to enhance international expansion and elevate their global business to a new level.

2. A Strategic Hub Empowering Two-Way Development

As a vital bridge and key link in economic and trade cooperation between Beijing and Hong Kong, Chaoyang District continues to take an open approach to building platforms for bilateral exchange and collaboration. With its favorable business environment, comprehensive support services, and abundant resource advantages, Chaoyang has become one of the top choices for foreign investment entering China and for Hong Kong-funded enterprises expanding northward.

Strong Foundation for Collaboration

Chaoyang and Hong Kong share highly complementary roles and industrial orientations—Hong Kong is a global center for finance, trade, and professional services, while Chaoyang serves as Beijing’s economic powerhouse, a key international consumption zone, and China’s leading district for international engagement. To date, nearly 4,000 Hong Kong-invested enterprises have established a solid presence in Chaoyang, with total accumulated investment exceeding USD 135 billion.

Robust Capacity for Support

Economic Scale: Chaoyang contributes around 20% of Beijing’s GDP and fiscal revenue, and hosts over 373,000 market entities.

Openness to the World: Nearly 100% of all foreign embassies in China, 80% of international organizations and chambers of commerce, and 70% of regional headquarters of multinational companies are located in the district.

Technological Innovation: Chaoyang is home to nearly 3,700 high-tech enterprises, over 1,200 specialized and innovative SMEs (“little giants”), 82 national-level “little giant” firms, and 25 unicorn companies.

Consumer Vitality: The district leads the city in consumption, with nearly half of Beijing’s high-end commercial zones and first-store openings.

Institutional Innovation: Chaoyang has pioneered 87 reform initiatives under the “Two Zones” (pilot free trade zone and service sector opening-up zone), 15 of which have been replicated nationally, with 109 landmark pilot projects already launched.

Business Services: The district has introduced innovative measures such as “one license, multiple addresses,” fully digital business registration, and online registration services for Hong Kong non-natural person investors. It also pioneered “service packages” and “dedicated service managers” for enterprise support.

Business Environment: Chaoyang has established eight tailored policy packages covering business, finance, and youth innovation and entrepreneurship, as well as four sector-specific policies in areas like Internet 3.0 and AI. More than RMB 1.5 billion in annual funding supports these efforts. Chaoyang has ranked first in Beijing’s business environment assessment for five consecutive years. Its CBD ranks first in China, second in Asia, and seventh globally in attractiveness index.

With openness driving cooperation and innovation powering the future, Chaoyang District will continue to enhance its business environment and fully leverage its role as a strategic bridge. It will promote integrated development between Beijing and Hong Kong across finance, technology, and culture and tourism. Chaoyang warmly invites global enterprises and talent to seize new opportunities and build a shared, prosperous future.

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

Licensed to Launch Wealth Service with Dual Advantages, Blending Online Brokerage Experience with Bank-Level Assurance

HONG KONG SAR – Media OutReach Newswire – 18 November 2025 – PAO Bank Limited (“PAObank”) has been granted Type 1 (Dealing in securities) and Type 4 (Advising on securities) licenses by relevant regulator, signalling its entry into the wealth sector officially. PAObank’s wealth service covers a wide range of investment products, including Hong Kong stocks, U.S. stocks, fund and money market fund, further strengthening retail banking wealth management portfolio. PAObank is going to soft launch its wealth services for selected customers, with a public launch on the horizon.

PAObank’s wealth service provides broker-level trading experience with protection by a licensed bank, combining the competitive edges of both online brokers and banks. As the first digital bank in Hong Kong to provide both pre-market and after-hours trading sessions for U.S. stocks, PAObank extends U.S. trading sessions up to 16 hours* a day, giving customers the flexibility to react to market news or global events even during day time in Hong Kong, without sacrificing peace of mind.

Mr. Ronald Iu, Chief Executive of PAObank, said, “PAObank is poised to expand our retail banking business by tapping into the investment market. Our wealth service combines speed, reliability and flexibility, offering customers a simpler and more seamless investment experience, seizing the opportunities to grow wealth just a fingertip away. We are honoured to be the first digital bank to offer up to 16-hour U.S. stocks trading, elevating customer experience. PAObank continuously enhances the retail banking services, now offering investment, insurance, deposit and cross-border remittance features, supporting customers’ financial needs at every stage of life, solidifying our position as Ping An Group’s integrated financial platform in Hong Kong.”

Whether seeking speed in stock and fund investments or flexibility in asset allocation, PAObank’s one-stop solution is designed to meet diverse financial needs, powering up the investment opportunities with speed, security and flexibility.

For details, please visit PAObank’s website at www.paob.com.hk. For enquiries, please contact our customer service hotline at 3762 9900.

*U.S. market trading sessions are based on Hong Kong time:
Summer time – Pre-market: 16:00 – 21:30; Market opening: 21:30 – 04:00; After-hours: 04:00 – 08:00.
Winter time – Pre-market: 17:00 – 22:30; Market opening: 22:30 – 05:00; After-hours: 05:00 – 09:00.
Total trading hours are 16 hours.

Investment involves risk. The price of investments fluctuates, sometimes dramatically. The price of investments may move up or down, and may become valueless. There is an inherent risk that losses may be incurred rather than profit made as a result of buying and selling investment products. Foreign investments carry additional risks not generally associated with the domestic market. You should carefully consider whether any investment products or services mentioned herein are appropriate for you in view of your investment experience, objectives, financial resources and circumstances.

Hashtag: #PAObank #Wealth #License

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

PAO Bank Limited

PAO Bank Limited (“PAObank”), a wholly-owned subsidiary of Lufax Holding Ltd (“Lufax”) (SEHK: 6623; NYSE: LU) and a member of Ping An Insurance (Group) Company of China, Ltd. (“Ping An”) (SEHK: 2318; SSE: 601318), is committed to fostering financial inclusion and establishing a digital banking ecosystem by leveraging its extensive experience in SME banking services and its leading financial technology advantages. PAObank was granted a banking licence by the Hong Kong Monetary Authority in May 2019 to offer banking services via virtual channels. PAObank is expanding diverse business segments including retail banking and SME banking, serving customers in Hong Kong and the Greater Bay Area, establishing itself as Ping An Group’s comprehensive financial platform in Hong Kong.

FUZHOU, CHINA – Media-OutReach Newswire – 18 November 2025 – The ASEAN-China Week 2025 opened grandly in Fuzhou, Fujian Province, on November 17, under the theme “Our Shared Future: Bridging ASEAN 2045 & Chinese Modernization”. The event is co-hosted by the ASEAN-China Centre and the People’s Government of Fujian Province.

Over 400 attendees included more than 30 ASEAN and international organization officials at or above the vice-ministerial level—such as H.E. Senator Dato Awang Bemee Awang Ali Basah, President of the Senate of Malaysia; H.E. Datuk Nur Jazlan bin Tan Sri Mohamed, Deputy President of the Senate of Malaysia; H.E. Yorrys Raweyai, Deputy Chairman of the Regional Representative Council of the Republic of Indonesia; H.E. Ko Ko Hlaing, Union Minister of Ministry (2) of the President’s Office, the Republic of the Union of Myanmar; H.E. Johariah Wahab, Permanent Secretary, Ministry of Foreign Affairs of Brunei Darussalam; H.E. Chuon Chivin, Secretary of State, Ministry of Education, Youth and Sports, the Kingdom of Cambodia; H.E. Phongsavanh Sisoulath, Deputy Minister of Foreign Affairs of the Lao People’s Democratic Republic; Mr. Chettaphan Maksamphan, Deputy Permanent Secretary, Ministry of Foreign Affairs of the Kingdom of Thailand; H.E. Nararya S. Soeprapto, Deputy Secretary-General of ASEAN; and H.E. Zhang Jun, Secretary General of the Boao Forum for Asia; and Chinese representatives including H.E. Zhou Zuyi, Secretary of the CPC Fujian Provincial Committee; H.E. Zhao Long, Governor of Fujian Provincial People’s Government; H.E. Guo Ningning, Deputy Secretary of the CPC Fujian Provincial Committee and Secretary of the CPC Fuzhou Municipal Committee; H.E. Wu Hailong, President of the China Public Diplomacy Association; and officials from China’s Ministry of Foreign Affairs, Ministry of Commerce, Ministry of Industry and Information Technology, and Ministry of Natural Resources. H.E. Shi Zhongjun, Secretary General of the ASEAN-China Centre, delivered the opening remarks and moderated the keynote speeches.

H.E. Shi Zhongjun stressed that the ASEAN Community Vision 2045 is highly compatible with the aspirations of Chinese modernization. The event aims to promote deeper strategic alignment, uphold openness and integration, strengthen innovation-driven development, foster mutual learning in governance, and expand people-to-people exchanges, thereby consolidating the comprehensive strategic partnership and contributing to an even closer community with a shared future.

H.E. Zhou Zuyi stated that Fujian will thoroughly implement President Xi Jinping’s Global Development Initiative, Global Security Initiative, Global Civilization Initiative, and Global Governance Initiative; Fujian will also step up cooperation with ASEAN in infrastructure, mechanism and regulatory alignment, and cultural and people-to-people exchanges. Together, they will work to make new contributions to bridging ASEAN 2045 and Chinese modernization.

H.E. Awang Bemee Awang Ali Basah noted that amid today’s complex international landscape, ASEAN and China should champion the Bandung Spirit and Asian values of peace, cooperation, openness, and inclusiveness to bring greater stability and certainty to the region. The ASEAN Community Vision 2045 resonates strongly with the aspirations of Chinese modernization—both prioritize innovation, connectivity, and people-centred development. The China-ASEAN Free Trade Area 3.0 demonstrates the two sides’ shared commitment to equitable sharing of cooperation outcomes, inclusive growth, and narrowing development gaps. He called for greater strategic alignment and wider collaboration in areas such as the digital economy, green technology, artificial intelligence, and the blue economy to build, through concrete actions, the China-ASEAN community with a shared future envisioned by President Xi Jinping and create a peaceful, safe and secure, prosperous, beautiful and amicable home for all peoples.

H.E. Yorrys Raweyai said ASEAN is working to build Vision 2045 around community building and inter-state connectivity, which cannot be realized without open cooperation with China and other partners. He praised the timely relevance of the event’s theme, saying it will help ASEAN and China forge consensus on their shared modernization aspirations. He expressed hope that the event would continue in future years to further strengthen strategic alignment and set an example for relations between countries and regions worldwide.

H.E. Ko Ko Hlaing remarked that Chinese modernization offers valuable experience and broad opportunities for the realization of the ASEAN Community Vision 2045. He emphasized the need for both sides to deepen collaboration in areas such as the digital economy and technological innovation, industrial and supply chain connectivity, the blue economy, and people-to-people exchanges.

At the opening ceremony, senior representatives from ASEAN member states, the ASEAN Secretariat, the Boao Forum for Asia, and relevant Chinese counterparts delivered a series of keynote speeches. On the same day, the “Report on ASEAN-China Trade and Investment Cooperation” and the joint initiative of a China-ASEAN Digital Culture IP Database were released, and cross-border operations of the China-ASEAN Seafood Exchange were launched.

The ASEAN-China Week was initiated in Fuzhou three years ago to promote comprehensive public awareness of the ASEAN-China comprehensive strategic partnership. During the edition, a series of parallel forums and activities will be held, including the ASEAN-China High-Level Thematic Dialogues, the ASEAN-China Youth Roundtable on Marine Cooperation, the Economic Cooperation Opportunities Matchmaking Conference, the Media and Think Tank Salon, and the awards ceremony for the Silk Road International Youth Photography and Short Video Competition.
Hashtag: #ASEAN

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

TAIPEI, TAIWAN – Media-OutReach Newswire – 18 November 2025 – In Taoyuan’s traffic control center, dozens of monitors display green lights cascading through city streets. When an ambulance races toward a hospital, artificial intelligence clears its path in seconds, turning life-threatening traffic jams into seamless journeys.

This is the new reality of smart cities, where technology isn’t just improving urban life — it’s saving it. Liao Hsiu-wu, who chairs Taiwan’s Smart Community Development Committee, has witnessed his city transform from a growing suburb into a testing ground for ambitious urban technology.

In Orlando, Mayor Jerry Demings faces similar challenges. His city welcomes approximately 1,000 new residents weekly, creating what planners call a “perfect storm” of infrastructure demands. “We’re using smart city technologies so systems can talk to one another,” Demings says.

What makes these cities “smart” isn’t just technology — it’s how systems work together. Taoyuan’s network spans over 100 connected traffic signals, creating what officials believe is the world’s most extensive AI-powered traffic management system.

The breakthrough came when Taoyuan connected its fire department directly to traffic control systems.

Orlando tackled different challenges, integrating AI into its 911 emergency system. When callers speak languages other than English, the system automatically translates their words into text for dispatchers within seconds.

Taipei Computer Association, Smart city expert Huang Yung-Bei identifies another critical problem: city departments often cannot share data effectively. “When each department’s requirements aren’t integrated or standardized, traffic bureau data cannot communicate with information bureau data or health department data,” he explains.

Peter Wu from ASUS, who has spent over a decade developing smart city innovations, sees senior care as the most critical future application. “Maybe you heard the term ‘hospital at home,'” he says.

The challenge isn’t just technological — it’s human. Liao notes that optimal technical solutions don’t always align with public habits, requiring administrative departments to find balance between citizen preferences and technological capabilities.

As Demings frames the stakes: “Smart city technology is about implementing plans to take care of God’s green Earth and preserve human existence. If we don’t do this, we could potentially damage the environment and shorten the human experience.”

Here is the story link https://www.youtube.com/watch?v=ZPigwMbV6xU

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