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Qudian Inc. Reports Third Quarter 2025 Unaudited Financial Results

By
Advertorial Desk
-

XIAMEN, China, Nov. 24, 2025 /PRNewswire/ — Qudian Inc. (“Qudian” or “the Company” or “We”) (NYSE: QD), a consumer-oriented technology company in China, today announced its unaudited financial results for the quarter ended September 30, 2025.

Third Quarter 2025 Financial Highlights:

  • Total revenues were RMB8.5 million (US$1.2 million), compared to RMB55.0 million for the same period of last year
  • Net income attributable to Qudian’s shareholders was RMB409.9 million (US$57.6 million), compared to RMB131.9 million for the same period of last year; net income per diluted ADS was RMB2.47 (US$0.35) for the third quarter of 2025

We continued to execute our business transition, with the winding down of our last-mile delivery business to its final stage while maintaining a healthy balance sheet by pursuing efficient cash management. Moving forward, we remain focused on navigating market dynamics and capitalizing on new business in order to build long-term value for our shareholders.

Third Quarter Financial Results

Sales income and others decreased by 84.5% to RMB8.5 million (US$1.2 million) from RMB55.0 million for the third quarter of 2024, which was primarily due to the winding down of last-mile delivery business.

Total operating costs and expenses decreased by 2.3% to RMB119.1 million (US$16.7 million) from RMB122.0 million for the third quarter of 2024.

Cost of revenues decreased by 86.6% to RMB6.5 million (US$0.9 million) from RMB48.9 million for the third quarter of 2024, primarily due to the decrease in service cost related to last-mile delivery business with the winding down of the business.

General and administrative expenses increased by 41.1% to RMB82.7 million (US$11.6 million) from RMB58.6 million for the third quarter of 2024, primarily due to the increase in depreciation and property tax expenses following the completion of the construction of the Company’s headquarters.

Research and development expenses decreased by 23.8% to RMB11.1 million (US$1.6 million) from RMB14.6 million for the third quarter of 2024, as a result of the decrease in staff head count, which led to a corresponding decrease in staff salaries.

Loss from operations was RMB110.6 million (US$15.5 million), compared to RMB67.0 million for the third quarter of 2024, mainly due to the winding down of the Company’s businesses and the increase in depreciation and property tax expenses following the completion of the construction of the Company’s headquarters.

Interest and investment income, net increased by 84.5% to RMB421.3 million (US$59.2 million) from RMB228.4 million for the third quarter of 2024, mainly attributable to the increase of income from investments in the third quarter of 2025.

Gain on derivative instrument increased by 144.4% to RMB73.9 million (US$10.4 million) from RMB30.2 million for the third quarter of 2024, mainly attributable to the increase in quoted price of the underlying equity securities relating to the derivative instruments we held.

Net income attributable to Qudian’s shareholders was RMB409.9 million (US$57.6 million), compared to RMB131.9 million in the third quarter of 2024. Net income per diluted ADS was RMB2.47 (US$0.35).

Cash Flow

As of September 30, 2025, the Company had cash and cash equivalents of RMB7,010.6 million (US$948.8 million) and restricted cash of RMB1,518.7 million (US$213.3 million). Restricted cash mainly represents security deposits held in designated bank accounts for the guarantee of short-term borrowings. Such restricted cash is not available to fund the general liquidity needs of the Company.

For the third quarter of 2025, net cash provided by operating activities was RMB384.0 million (US$53.9 million), mainly attributable to proceeds from interest and investment income. Net cash provided by investing activities was RMB2,508.5 million (US$352.4 million), mainly attributable to the net proceeds from redemption of short-term investments. Net cash provided by financing activities was RMB837.8 million (US$117.7 million), mainly due to the proceeds from short-term borrowings and partially offset by the repurchase of ordinary shares.

Update on Share Repurchase

Our Board approved a share repurchase program in March 2024 to purchase up to US$300 million worth of Class A ordinary shares or ADSs in the next 36 months starting from June 13, 2024. From the launch of the share repurchase program on June 13, 2024 to November 18, 2025, the Company has in aggregate purchased 26.3 million ADSs in the open market for a total amount of approximately US$71.1 million (an average price of $2.7 per ADS) pursuant to the share repurchase program.

As of November 18, 2025, the Company had in aggregate purchased 180.6 million ADSs for a total amount of approximately US$765.3 million (an average price of $4.2 per ADS).

About Qudian Inc.

Qudian Inc. (“Qudian”) is a consumer-oriented technology company. Qudian is exploring innovative business opportunities to satisfy consumers’ demand by leveraging its technology capabilities.

For more information, please visit http://ir.qudian.com.

Exchange Rate Information

This announcement contains translations of certain RMB amounts into U.S. dollars (“US$”) at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from RMB to US$ were made at the rate of RMB7.1190 to US$1.00, the noon buying rate in effect on September 30, 2025, in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the RMB or US$ amounts referred could be converted into US$ or RMB, as the case may be, at any particular rate or at all.

Statement Regarding Preliminary Unaudited Financial Information

The unaudited financial information set out in this earnings release is preliminary and subject to potential adjustments. Adjustments to the consolidated financial statements may be identified when audit work has been performed for the Company’s year-end audit, which could result in significant differences from this preliminary unaudited financial information.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Among other things, the expectation of its collection efficiency and delinquency, contain forward-looking statements. Qudian may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Qudian’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Qudian’s goal and strategies; Qudian’s expansion plans; Qudian’s future business development, financial condition and results of operations; Qudian’s expectations regarding demand for, and market acceptance of, its products; Qudian’s expectations regarding keeping and strengthening its relationships with customers, business partners and other parties it collaborates with; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Qudian’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Qudian does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

In China:
Qudian Inc.
Tel: +86-592-596-8208
E-mail: ir@qudian.com

 

QUDIAN INC.

Unaudited Condensed Consolidated Statements of Operations

Three months ended September 30,

(In thousands except for number

2024

2025

of shares and per-share data)

(Unaudited)

(Unaudited)

RMB

RMB

US$

Revenues:

Sales income and others

55,015

8,523

1,197

Total revenues

55,015

8,523

1,197

Operating cost and expenses:

Cost of revenues

(48,913)

(6,549)

(920)

Sales and marketing

(2,123)

(5,689)

(799)

General and administrative

(58,580)

(82,672)

(11,613)

Research and development

(14,576)

(11,102)

(1,559)

Reversal of/(Provision for) expected credit losses on
receivables and other assets

2,798

(180)

(25)

Impairment loss from other assets

(604)

(12,949)

(1,819)

Total operating cost and expenses

(121,998)

(119,141)

(16,735)

Loss from operations

(66,983)

(110,618)

(15,538)

Interest and investment income, net

228,420

421,344

59,186

Loss from equity method investments

(1,390)

(102)

(14)

Gain on derivative instruments

30,246

73,921

10,384

Foreign exchange loss, net

(7,898)

(5,216)

(733)

Other income

2,030

19,131

2,687

Other expenses

(13,809)

(228)

(32)

Net income before income taxes

170,616

398,232

55,940

Income tax expenses

(38,702)

11,671

1,639

Net income

131,914

409,903

57,579

Net income attributable to Qudian Inc.’s 
shareholders

131,914

409,903

57,579

Earning per share for Class A and Class B ordinary
shares:

Basic

0.73

2.55

0.36

Diluted

0.71

2.47

0.35

Earning per ADS (1 Class A ordinary share equals
1 ADSs):

Basic

0.73

2.55

0.36

Diluted

0.71

2.47

0.35

Weighted average number of Class A and Class B
ordinary shares outstanding:

Basic

180,111,125

160,998,923

160,998,923

Diluted

185,092,607

165,790,336

165,790,336

Other comprehensive loss:

Foreign currency translation adjustment

(60,991)

(18,697)

(2,626)

Total comprehensive income

70,923

391,206

54,953

Total comprehensive income attributable to
Qudian Inc.’s shareholders 

70,923

391,206

54,953

 

QUDIAN INC.

Unaudited Condensed Consolidated Balance Sheets

As of June 30,

As of September 30,

(In thousands except for number

2025

2025

of shares and per-share data)

(Unaudited)

(Unaudited)

RMB

RMB

US$

ASSETS:

 Current assets:

 Cash and cash equivalents

4,028,995

7,010,642

984,779

 Restricted cash and cash equivalents

782,251

1,518,707

213,331

 Time and structured deposit

1,758,770

1,439,721

202,236

 Derivative instruments-asset

38,793

3,792

533

 Short-term investments

2,850,688

1,366,240

191,915

 Accounts receivables

9,225

6,479

910

 Other current assets

925,915

290,235

40,769

 Total current assets

10,394,637

11,635,816

1,634,473

 Non-current assets:

 Right-of-use assets

101,715

98,743

13,870

 Investment in equity method investee

144,822

144,622

20,315

 Long-term investments

78,616

78,658

11,049

 Property and equipment, net

1,747,669

1,728,971

242,867

 Intangible assets

1,922

1,779

250

 Other non-current assets

280,115

263,647

37,034

 Total non-current assets

2,354,859

2,316,420

325,385

TOTAL ASSETS

12,749,496

13,952,236

1,959,858

QUDIAN INC.

Unaudited Condensed Consolidated Balance Sheets (Continued)

As of June 30,

As of September 30,

(In thousands except for number

2025

2025

of shares and per-share data)

(Unaudited)

(Unaudited)

RMB

RMB

US$

LIABILITIES AND SHAREHOLDERS’ EQUITY 

 Current liabilities: 

 Short-term borrowings

720,000

1,576,000

221,379

 Short-term lease liabilities

7,352

6,733

946

 Accrued expenses and other current liabilities 

371,442

360,732

50,672

 Income tax payable 

39,383

53,164

7,468

 Total current liabilities 

1,138,177

1,996,629

280,465

 Non-current liabilities: 

 Deferred tax liabilities

27,427

–

–

 Long-term lease liabilities

5,126

3,870

544

 Total non-current liabilities 

32,553

3,870

544

 Total liabilities 

1,170,730

2,000,499

281,009

 Shareholders’ equity: 

 Class A Ordinary shares 

132

132

18

 Class B Ordinary shares 

44

44

6

 Treasury shares 

(1,571,141)

(1,588,823)

(223,181)

 Additional paid-in capital 

4,025,209

4,024,656

565,340

Accumulated other comprehensive profit/(loss)

(7,464)

(26,161)

(3,675)

 Retained earnings 

9,131,986

9,541,889

1,340,341

Total equity

11,578,766

11,951,737

1,678,849

TOTAL LIABILITIES AND SHAREHOLDERS’
EQUITY 

12,749,496

13,952,236

1,959,858

 

 

CUHK School of Hotel and Tourism Management Successfully Hosts the “NextGen Tourism Summit: Leading the Experience Economy”

By
Advertorial Desk
-

HONG KONG, Nov. 24, 2025 /PRNewswire/ — On November 22, 2025, the School of Hotel and Tourism Management (SHTM) at The Chinese University of Hong Kong (CUHK) successfully hosted the “NextGen Tourism Summit: Leading the Experience Economy,” bringing together leading scholars and industry leaders to explore the future of tourism and the experience economy.

CUHK SHTM "NextGen Tourism Summit: Leading the Experience Economy"
CUHK SHTM “NextGen Tourism Summit: Leading the Experience Economy”

The summit opened with welcoming remarks by Professor Liwen Jiang, CUHK Pro-Vice-Chancellor (External Affairs); Mrs. Angelina Cheung, JP, Commissioner for Tourism, Culture, Sports and Tourism Bureau; Professor Lin Zhou, Dean of CUHK Business School; and Professor Robert Li, Director of SHTM.

Under the theme “Leading the Experience Economy,” the summit convened nearly 40 deans, department chairs, and senior professors from top universities in mainland China specializing in tourism studies for in-depth panel discussions on visions, opportunities, challenges, and strategies of tourism research, education, and industry collaboration within the experience economy framework. Additionally, several distinguished scholars from disciplines beyond tourism, whose research closely relates to “experience”, shared their insights on the future of the this emerging economic paradigm.

The rise of the experience economy is driven by evolving customer needs, technological innovation, and new business models. Today’s consumers seek more than products or services, they desire personalized experiences that foster emotional connections and a sense of meaning. Experience has proven to be a powerful driver of customer loyalty and employee engagement across industries.

Founded in 1998, SHTM is part of CUHK Business School and has long been dedicated to innovation in research, teaching, and industry collaboration. Guided by a forward-looking vision, SHTM was among the first to advocate that the experience economy is key to redefining hospitality and tourism research and education. Building on this vision, SHTM will launch the Asia Pacific’s first Master of Science programme dedicated to the experience economy, MSc in Leadership for Experience Economy (LEE), in the 2026-2027 academic year. The program aims to cultivate multi-skilled leaders with inspirational leadership, change management capability, investment insights, and technological innovation competence.

Professor Robert Li emphasized that the hospitality and tourism sectors, rich in experience-design expertise, should share their knowledge and collaborate with industries beyond tourism. In an era where technologies such as artificial intelligence are reshaping the world, business must adeptly integrate technology with empathy to create meaningful experiences for customers and employees.

The Summit was supported by Hong Kong Tourism Board, AsiaWorld-Expo, Hong Kong Hotels Association, Hyatt Regency Shatin Hotel, and The Federation of Hong Kong Hotel Owners. Three prominent industry leaders delivered keynote speeches: Mrs. Vivian Cheung, CEO of Airport Authority Hong Kong; Mr. Benjamin Vuchot, Executive Director and CEO of The Hongkong and Shanghai Hotels; and Mr. Dennis Chang, Executive Vice President and Division President, Greater China, Mastercard.

“The Summit’s focus on the experience economy is especially timely, as Hong Kong seeks to redefine its tourism landscape and strengthen its global competitiveness.” Mrs. Vivian Cheung commented. “Events like this foster the sharing of forward-thinking strategies, helping to position Hong Kong as a leader in tourism and visitor experience.”

Mr. Vuchot also emphasized the importance of customer experience, “Luxury hospitality in the experience economy is measured in intangible moments of genuine human connection and warmth. At The Peninsula, we are curating a seamless transformational journey and unforgettable memories for our guests.”

Mr. Chang shared data-driven insights underscoring the importance and impact of developing the experience economy, stating: “According to Mastercard Travel Trends 2025 report, consumer behavior is shifting from ‘shopping’ to ‘experiences.’ Our analysis shows that major sporting events and cultural activities have become powerful drivers of destination spending.”

Through keynote addresses and panel discussions, the summit provided a valuable platform for scholars and industry leaders from mainland China and Hong Kong to engage in in-depth dialogue on the impact of the experience economy. Participants agreed that now is the ideal time to advance this trend, not only to enable human-centered applications of emerging technologies such as AI, but also to support Hong Kong’s Tourism is Everywhere initiative and China’s rapidly growing cultural tourism sector.

With this Summit as a starting point, CUHK SHTM looks forward to continuing to leverage its innovative strengths in research and education, leading the way toward the future of the experience economy.

CONTACT;
CUHK MSc in Leadership for Experience Economy Programme
msclee@cuhk.edu.hk 
+852 3943 8799

Team Spirit lifts sixth consecutive Mobile Legends: Bang Bang Continental Championships title, makes MLBB Esports history in Season 6

By
Advertorial Desk
-

The team will advance to the M7 World Championship (M7), hosted by MOONTON Games, the international video game company


SINGAPORE – Media OutReach Newswire – 24 November 2025 – Team Spirit (TS) have etched their names into Mobile Legends: Bang Bang (MLBB) Esports history. The team (formerly known as Deus Vult) are now the first to secure six consecutive titles across all MLBB leagues following their MLBB Continental Championships (MCC) Season 6 victory. The Eastern Europe and Central Asia (EECA) champions swept the Grand Finals with a 4-0 win over runner-up, Virtus.pro (VP), to cap off their impressive season. Despite falling to VP earlier in the Playoffs, TS fought their way through the Lower Bracket Finals to reclaim the championship. The team will advance to the M7 World Championship (M7) Main Stage, while VP will compete in the Wild Card for a chance to face the world’s best MLBB teams. Hosted by MOONTON Games, the international video game company, the M7 marks the seventh edition of MLBB’s flagship international tournament.

TS is a regional and international powerhouse—widely regarded as the Dark Horses of the global MLBB stage. The team has consistently delivered strong performances at the M Series, securing top-four finishes at both the M5 and M6 World Championships, proving they stand amongst the world’s best. The roster—Alexander “Oneshot” Sharkov, Kemiran “SunsetLover” Kochkarov, Anton “Hiko” Pak, Mathaios “KidBomba” Panagiotis Chatzilakos, and Stanislav “SAWO” Reshnyak—blends veteran experience with strategic gameplay, making TS a formidable contender in international MLBB Esports.

KidBomba said: “I’m so proud of the boys for this win. Honestly, it still feels unreal that we’ve made MLBB Esports history—it really makes this victory feel even more special. Virtus.pro put up a tough fight and I’m looking forward to seeing how they do at the M7 Wild Card. As for us, we’ll stay focused, keep up our strong performances, and show the world what Team Spirit can do. Hopefully, we can make our region proud and bring back the M Series title to EECA for the first time!”

With their sixth consecutive MCC title secured, TS has cemented their legacy as a dominant force in MLBB Esports heading head into the M7. The team will be aiming to make history once again by bringing home the region’s first M Series world title.

Earlier in the Playoffs, VP made a statement in the Upper Bracket Finals, securing a 3-1 victory over the champions and sending them down to the Lower Bracket Finals. The runner-up team has continued to impress, having won the MLBB Mid Season Cup (MSC) at the 2025 Esports World Cup (EWC) Wild Card during their international debut. Their journey to becoming Wild Card champions embodies an underdog story, having fought their way up from the MCC Season 5 Closed Qualifiers, demonstrating the growing strength of EECA teams on the global MLBB stage. VP will now compete in the M7 Wild Card, aiming to qualify for the Main Stage and establish the region as a force to be reckoned with.

EECA rounds out MLBB’s Great Four

Recognised as the “Dark Horses” of MLBB Esports, EECA has quickly established itself as one of the most competitive regions on the global stage. Six-time MCC champions, TS, have secured consecutive top four finishes at the M Series—a testament to the region’s competitiveness on the world stage. Notably, their breakout performance at the M5 marked the beginning of the region’s emergence as title contenders.

Building on its growing competitiveness, MCC has continued to push the boundaries of MLBB Esports with implementation of the “Brave Draft“. Introduced in Season 5, the global ban system prevents teams from selecting the same hero twice in a match, challenging athletes widen their hero pools. This saw MCC become the first league leading to an international MLBB tournament to implement this format, setting a new standard for the discipline’s competitive gameplay. With increased demand for tactical mastery and versatility, the Brave Draft has forged EECA teams into established challengers, solidifying their place amongst MLBB’s Great Four Powers.

Ajay Jilka, Head of Esports – EECA at MOONTON Games, said: “Congratulations to both teams! I can’t wait to see them represent the region on the world stage at the M7. EECA’s growth in MLBB Esports has been remarkable—from an emerging region to a recognised title contender. Our focus is on sustaining MCC’s progress through continued innovation and ensuring our teams remain competitive on the international stage. At MOONTON Games, we understand the importance of building the esports ecosystem from the ground up, and MCC reflects that approach. Seeing our athletes develop and EECA secure its place among MLBB’s Great Four Powers is a testament to how league development can elevate a region’s talent and competitiveness on the world stage.”

Up against the world’s best

From 3 to 25 January, the M7 will be staged in Jakarta, Indonesia, uniting 22 of the world’s best teams to compete for the championship title and the USD 1,000,000 prize pool. Set to be the largest M Series edition yet, the tournament will turn the nation into a celebration of gaming, esports, culture, and entertainment. Representing EECA, TS and VP will head to the heart of MLBB’s most passionate fanbase, carrying the weight of a region that has risen to prominence on the international MLBB stage.

Across the world, MLBB Professional League (MPL) Malaysia made history as Selangor Red Giants OG Esports (SRG.OG) secured the league’s first-ever four-peat. The powerhouse team delivered a dominant 4–0 clean sweep against CG Esports to claim the Season 16 title. SRG.OG’s triumph builds on the momentum that propelled them to international prominence after their MSC 2024 victory—bringing home Malaysia’s first international MLBB trophy. With this win, SRG.OG advances directly to the M7 Main Stage, while CG Esports will compete in the M7 Wild Card.

In Cambodia, CFU Gaming (CFU) made history by clinching their third consecutive MPL Cambodia championship, emerging victorious through a major comeback in a full BO7 Grand Finals showdown against Galaxy Legends (GXL). Despite finishing behind GXL in the Regular Season, CFU defended their throne with a hard-fought 4–3 victory to secure their ticket to the M7 Main Stage. In the MLBB Super League (MSL) Myanmar Season 2, Yangon Galacticos (YG) delivered a commanding performance, sweeping Team Seven (T7) in the Grand Finals. Maintaining their flawless momentum by finishing the entire Playoffs Season undefeated, YG enters the M7 Main Stage making their international debut as a contender poised to challenge the world’s best.

In China, DianFengYaoGuai (DFYG) staged a dramatic reverse sweep against Guangzhou Gaming (GZG) in the MLBB China Masters Finals to qualify for the M7 Main Stage. After falling 0–2 early in the BO5, DFYG rallied back with unwavering composure to claim a 3–2 victory and secure their place on the M7 Main Stage. Runner up, GZG, will head to the M7 Wild Card determined to fight their way onto the global stage.

In Latin America, Black Sentence was crowned champions of MPL LATAM Season 4, completing an remarkable journey from underdogs to champions. After earning promotion from developmental league, MDL LATAM, the team quickly rose through the ranks to claim the top spot in the region and the M7 Main Stage slot. Their victory highlights the emergence of new esports talent in the region and their inspiring ascent to the international stage.

Meanwhile, ZETA DIVISION reclaimed their place on the global stage after a confident 4–1 victory over LLG Open Sesame in the M7 Japan Qualifier Grand Finals. The champions will advance to the M7 Wild Card, where they will battle for a coveted spot on the Main Stage.

For more updates on MCC, please like and follow the social media channels below:

Hashtag: #MOONTONGames


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

MOONTON Games

Established in 2014, MOONTON is a global video game company dedicated to gaming development, publication, and esports. With more than 1,900 employees worldwide, the company operates offices in Indonesia, Malaysia, Singapore, the Philippines, Latin America, and China. It has successfully launched several high-profile mobile games globally and has built long-term relationships with governments and esports organizations in more than 30 countries around the world. Mobile Legends: Bang Bang is its current star game and the leading mobile multiplayer online battle arena (MOBA) game worldwide. For more information, visit .

Anker Chargers Power 2025 PUBG MOBILE Global Championship — Official Gaming Charging collaboration

By
Advertorial Desk
-

Brings “Winner Winner Chicken Dinner” Energy to Every Battle

SINGAPORE, Nov. 24, 2025 /PRNewswire/ — Anker Innovations, a global leader in charging technology, today announced an exciting collaboration with PUBG MOBILE, one of the world’s most popular mobile games. The collaboration brings together Anker’s industry-leading Smart Fast Charging solutions with the fast-paced world of mobile esports, featuring the Anker 25K Powerbank (A1695) and Anker 140W Charger (A2697), empowering gamers to stay fully charged for every move, every match, and every victory.


Spotlight on Gaming-Ready Chargers

As part of this collaboration, Anker’s Smart Fast Charging lineup takes center stage, led by the Anker 25K Powerbank (A1695), which serves as the official tournament powerbank for the 2025 PUBG MOBILE Global Championship (PMGC) and is engineered for performance and stability to ensure smooth gameplay and rapid device recovery between matches. The Anker 140W Charger (A2697) is a multi-port GaN charger capable of powering laptops, tablets, and phones simultaneously, making it ideal for gamers. All three models feature multiple ports and fast-charging capabilities, keeping devices cool, stable, and fully powered under heavy gaming demands.

Top-Ranked Charging Solutions

Both the Anker 25K Powerbank (A1695) and Anker 140W Charger (A2697) have achieved the Top 1[1] sales in related charger and power bank categories, in Shopee and Ladaza in Singapore, highlighting their popularity among gamers and tech enthusiasts. The A1695 also serves as the official tournament sponsorship powerbank, delivering proven performance and stability trusted by esports professionals during high-stakes gameplay. Together, these products showcase Anker’s commitment to providing reliable, high-performance charging solutions for every type of gamer.


Keeping Players Powered at PUBG MOBILE

Attention now turns to the 2025 PUBG MOBILE Global Championship (2025 PMGC), the pinnacle of the annual PUBG MOBILE Esports circuit. Taking place from November 24 to December 14 in Bangkok, Thailand, 2025 PMGC will see the world’s best teams battle it out through intense stages, beginning with the first-ever PUBG MOBILE Gauntlet Stage, for a share of the USD 3 million prize pool and the coveted title of World Champion. This year also marks a historic milestone for PUBG MOBILE fans, as PMGC will be held alongside the PUBG Global Championship for the first-ever PUBG United celebration. Anker Smart Fast Charging, including the 25K Powerbank (A1695), will provide essential power support for players during training sessions, ensuring they stay charged and ready for optimal performance anytime, anywhere.

Leon Wu, General Manager of Southeast Asia at Anker Innovations, noted that PUBG MOBILE demands precision, strategy, and endurance — and charging technology should keep pace with that passion for performance. “At Anker, we believe great technology powers confidence,” he said. “With our multi–port fast chargers, gamers stay cool, steady, and immersed, ready for every battle and every triumph.”

He added, “Our collaboration with PUBG MOBILE reflects Anker Innovations’ mission to ignite possibilities through ultimate innovation, empowering users through smart, purposeful hardware. Guided by our values — First Principle, Seek Ultimate, and Grow Together — we continue to create reliable charging solutions that inspire energy and connection.”

Through the Anker x PUBG MOBILE collaboration, gamers can experience the same trusted charging technology used by esports professionals. Anker Smart Fast Charging Lineup, the 25K Powerbank (A1695) and 140W Charger (A2697), are now available through regional online stores and retail partners across Southeast Asia.

About Anker

Anker is the world’s #1 mobile charging brand and a developer of high-speed charging technologies for the home, car, and on the go. This includes wall plugs, wireless chargers, car chargers, power banks, cables, and more. Find out more about Anker social channels on Facebook, Instagram, TikTok and YouTube.

About PUBG MOBILE

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

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

[1] 25K Powerbank sales is based on the sales data of related product ranking on Shopee in Singapore between 2025.1.1 ~ 2025.10.26, and on Lazada in Singapore between 2025.10.20 ~ 2025.10.26. 140W Charger sales is based on the sales data of related product ranking on Shopee in Singapore between 2025.1.1 ~ 2025.10.26, and on Lazada in Singapore between 2025.9.1 ~ 2025.9.30.

 

HoneyNaps Accelerates Clinical Trial Pipelines with FDA-Cleared AI “SOMNUM”

By
Advertorial Desk
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  • Enhancing Clinical Efficiency with AI Sleep Analysis: Cutting Both Cost and Time
  • Joint Clinical Studies with CROs: SOMNUM™ AI Sleep Scoring Drives Higher Efficiency
  • FDA-cleared AI solution shortens clinical trial timelines while ensuring data reliability
  • Expanded global partnerships with CROs enable a large-scale clinical data analysis platform

BOSTON, Nov. 24, 2025 /PRNewswire/ — HoneyNaps, an AI-driven sleep-medicine technology company, announced that its AI-based sleep disorder diagnostic support software, SOMNUM™, which recently received clearance from the U.S. Food and Drug Administration (FDA), is significantly reducing clinical trial timelines and costs for pharmaceutical and medical device companies through enhanced data-analysis efficiency.

HoneyNaps Accelerates Clinical Trial Pipelines with FDA-Cleared AI “SOMNUM”
HoneyNaps Accelerates Clinical Trial Pipelines with FDA-Cleared AI “SOMNUM”

SOMNUM™ is a medical AI software solution designed to automatically analyze polysomnography (PSG) data. The system identifies sleep stages and key events—including apnea, hypopnea, and arousals—using advanced artificial intelligence–based PSG scoring.

Following its FDA 510(k) clearance last year, SOMNUM™ has been formally recognized as a validated analytical tool for sleep-related clinical trials and medical device evaluations. This clearance underscores the safety and reliability of AI-based sleep-analysis technology as acknowledged by global regulatory authorities.

Traditionally, PSG scoring required specialists to manually review and classify data for more than three to four hours per case, resulting in high labor and time costs. SOMNUM™ automates this process, shortening scoring time to just minutes, while clinicians review and verify the results to maintain diagnostic quality.

By integrating SOMNUM™, pharmaceutical companies and medical device manufacturers have been able to accelerate clinical trial pipelines, increase data-processing speed by more than 70%, and reduce overall study timelines by approximately 50%. Scoring labor costs and quality-control (QC) expenses have also dropped by 80–90%.

HoneyNaps is expanding its global clinical-market presence with SOMNUM™ at the core of its business strategy. The company is currently in discussions with U.S. pharmaceutical firms regarding the application of SOMNUM™ in sleep-related clinical studies and has established strategic partnerships with multiple CROs. Through these collaborations, HoneyNaps provides a large-scale biosignal-analysis platform essential for sleep-medicine and neurological clinical trials—delivering both accelerated pipelines and enhanced data accuracy.

The company is also offering an AI-based re-scoring (verification scoring) service for already-scored PSG datasets. This new business model provides an objective check on the accuracy of existing scoring results. CROs leverage this re-scoring solution to secure data quality while shortening trial timelines and strengthening the reliability of data submitted to regulatory bodies. Beyond simple verification, the service supports clients in advancing future projects, proprietary algorithms, and technology development—ultimately enhancing R&D competitiveness.

SOMNUM™ goes beyond conventional AI analysis by incorporating explainable AI (XAI) technology, enabling clinicians to review the rationale behind the AI’s scoring decisions. This ensures transparency and verifiability of trial data, meeting the stringent quality standards required by global regulatory agencies.

HoneyNaps is currently collaborating with major tertiary hospitals and sleep centers in Korea, as well as university hospitals and clinical institutions across the United States and Europe, to expand its SOMNUM™-based AI analysis platform. The technology is being used not only in clinical trials for sleep and wake-promoting therapeutics, but also in evaluating the effectiveness of CPAP devices, sleep sensors, wearable devices, and a range of sleep-technology products.

Taekyoung (Sean) Ha, PhD, President of HoneyNaps USA, stated, “SOMNUM’s PSG AI scoring technology is fundamentally transforming the traditionally time-consuming manual scoring process that has long been a bottleneck in sleep-related clinical trials. Backed by FDA clearance, SOMNUM™ is now delivering tangible improvements in research efficiency and cost reduction for global pharmaceutical and medical device companies.”

For further information, please contact:
HoneyNaps USA, Inc.
Christine Kwon / Managing Director
Email: sleep@honeynaps.com
Address: #517, SPACES, 361 Newbury Street, Boston, MA, 02115

 

Bay Aesthetics Clinic and Medical Spa Unveils Key Expansion, Additional Services, and Extended Hours to Meet Rising Demand

By
Advertorial Desk
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SINGAPORE – Media OutReach Newswire – 24 November 2025 – Bay Aesthetics Clinic and Medical Spa, a doctor-led aesthetic and laser clinic known for its client-first approach and evidence-based treatments, is proud to announce a significant expansion and renovation in celebration of its 3rd anniversary.

Clinic Expansion & Renovation

Founded in 2022, Bay Aesthetics Clinic and Medical Spa was established with a vision to deliver personalised, medically guided rejuvenation within a tranquil and restorative environment. Helmed by Medical Director Dr Hoe Ying Min, the clinic has now expanded into two adjacent retail units, unveiling a freshly renovated 3,000 square-foot medical aesthetic and laser clinic in the heart of Marina Bay Financial Centre.

The expanded space features 12 private treatment rooms, a VIP relaxation lounge, and in-room massage chairs, intentionally designed to offer calm and comfort amidst the CBD’s fast-paced energy.

“Many of our patients are busy professionals who visit during lunch breaks or between meetings,” says Dr Hoe. “Comfortable private rooms allow them to rest, take a power nap, or even join a quick work call while waiting for treatment.”

Partnership, not Packages

Dr Hoe Ying Min lists down three factors driving the clinic’s growth: “Firstly, we treat every client as a friend and genuinely want the best for them. There is zero culture of hard selling or pressure sales tactics. People can sense your authenticity. Secondly, we strive to build long-term relationships with our clients and walk together with them as partners through their lives, helping them look and feel good. Last but not least, we deliver results that speak for themselves. The best advertisement is a happy and beautiful client!”

Strengthened Medical Team & Extended Operating Hours

To better serve its growing clientele—now exceeding 3,000 patients, driven prominently by referrals—the clinic has strengthened its team, comprising three doctors and seven clinical staff dedicated to professional, sincere, and long-term patient care.

To ensure shorter waiting times and greater flexibility, Bay Aesthetics Clinic will now operate on Sundays and Public Holidays, reflecting its commitment to accessibility and timely service.

“We are grateful for the trust our clients place in us,” shares Dr Hoe. “Our team strives to foster genuine relationships built on mutual respect, professionalism, and personalised care.”

Hashtag: #BayAestheticsClinic

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

About Bay Aesthetics Clinic and Medical Spa

Located within the bustling Marina Bay Financial Centre, Bay Aesthetics Clinic and Medical Spa is a doctor-led aesthetics and laser clinic offering scientifically backed treatments in a restorative environment. Its signature services include: PicoSure Laser, MOXI Laser, Sciton BBL HERO, Hydrafacial Syndeo, Botulinum Toxin Injections, Dermal Fillers, Ultherapy Prime, and Oligio X.

For more information or appointments:
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Five Vientiane BRT Accidents in November Trigger Social Media Backlash

By
Laotian Times
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An accident at BRT station

Vientiane recorded five traffic accidents on the newly designated Bus Rapid Transit lanes in November, just weeks after the city launched a two-month free trial of the system. The incidents have fueled public concern about safety and weak enforcement.

Continue

Ping An Unveils “Ancient Tree Guardian Action” at UN Climate Change Conference (COP30)

By
Advertorial Desk
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Leveraging an Innovative “Insurance + Technology” Approach to Safeguard 55,000 Ancient Trees and Promote Biodiversity Conservation

HONG KONG and SHANGHAI, Nov. 24, 2025 /PRNewswire/ — Ping An Insurance (Group) Company of China, Ltd. (“Ping An” or “the Group”, HKEX: 2318/82318; SSE: 601318) presented its biodiversity protection project, “Ancient Tree Guardian Action”, at the 30th session of the Conference of the Parties (COP 30) to the United Nations Framework Convention on Climate Change (UNFCCC), held in Belém, Brazil. This initiative deeply integrates insurance coverage, technology, and social welfare to establish a sustainable protection system for ancient and notable trees in China, demonstrating the innovative efforts of a Chinese enterprise in tackling climate change and preserving biodiversity.

Innovative Approaches to Overcome Challenges in Ancient Tree Conservation

China harbors a rich heritage of ancient trees, with around 5.08 million specimens recognized for their ecological, historical, and scientific significance. These venerable trees, however, face serious threats from climate change, pest infestations, and insufficient maintenance funding. Since ancient trees are widely scattered and their value is difficult to quantify, insurance companies must dedicate extensive resources to individual inspections and ongoing monitoring. This demand places a heavy burden on underwriting capabilities, making it hard for traditional commercial insurance models to offer comprehensive protection.

To tackle this challenge, Ping An introduced an innovative “Insurance + Technology” model, integrating cutting-edge technologies such as big data, artificial intelligence, and the Internet of Things (IoT). This model combines assessments of ancient tree growth, geographical location, and historical risk data to enable multidimensional evaluation. Building on this, Ping An launched Guangdong’s first ancient-tree insurance in 2023, creating a full-chain model “pre-disaster prevention, in-disaster emergency response, and post-disaster compensation” mechanism. As of October 2025, the project has provided over RMB 700 million (approximately USD 98 million) in risk protection for more than 55,000 ancient and notable trees nationwide.

Shifting From Post-Disaster Compensation to Pre-Disaster Prevention through Technology-Enabled Protection

The application of technology is a key characteristic of Ping An’s ancient tree protection program. Ping An uses IoT, environmental sensors, and wireless communications to monitor crucial indicators such as soil moisture, air quality, and tree health, 24/7. All data is uploaded to the cloud in real time, where an intelligent management system enables visualization and dynamic alerts, providing caretakers with precise, science-based guidance for tree maintenance.

Ping An has also developed its proprietary “EagleX” system, which integrates remote sensing, meteorological monitoring, big data, and AI analytics to track extreme weather, floods, typhoons, and other natural hazards in real time. The system issues timely alerts when major risks are detected, extending insurance services from post-disaster compensation to pre-disaster prevention and significantly reducing the likelihood of damage to ancient trees.

Empowering Communities and Fostering Green Economic Growth Through Public Initiatives

Beyond providing financial security, Ping An actively engages in a range of public welfare activities, including educational programs on ancient trees and photography exhibitions, to raise public awareness of biodiversity conservation. In 2025, Ping An launched an eco-tourism campaign titled “Travel with Ancient Trees,” creating distinctive tourism routes centered on ancient trees. This initiative was promoted to 250 million registered users through Ping An’s “Auto Owner” app. While spreading ecological knowledge, the campaign also stimulates the growth of local green economies.

Promoting Biodiversity Conservation Through Green Finance

Ping An’s “Ancient Tree Guardian Action” forms a vital part of its green finance strategy. In addition to safeguarding ancient trees, Ping An provides insurance coverage for carbon-sequestering ecosystems, including forests, grasslands, wetlands, and marine environments. By the end of 2024, Ping An’s Carbon Sink Insurance had expanded to cover 18 provinces and municipalities nationwide, providing robust financial backing for ecological preservation.

In recent years, the Group has expanded both the depth and breadth of its green finance initiatives, advancing coordinated efforts across green insurance, banking, and investment. As of June 30, 2025, Ping An’s green investments totaled RMB 144.482 billion (approximately USD 20 billion), green loan balances reached RMB 251.746 billion (around USD 35.3 billion), and premium income from green insurance for the first three quarters amounted to RMB 55.279 billion (about USD 7.7 billion).

Looking ahead, Chen Yao, General Manager of the Brand Department at Ping An Group, stated: “Ping An will persist in promoting innovation within green finance. The Group aims to create a wider range of green insurance and investment products, collaborating with international partners to support sustainable development and the preservation of our environment.”

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About Ping An Insurance (Group) Company of China, Ltd.

Ping An Insurance (Group) Company of China, Ltd. (HKEX:2318 / 82318; SSE:601318) is one of the largest financial services companies in the world. It strives to become a world-leading provider of integrated finance, health and senior care services. Under the technology-enabled “integrated finance + health and senior care” dual-pronged strategy, the Group provides professional “financial advisory, family doctor, and senior care concierge” services to its nearly 250 million retail customers. Ping An advances intelligent digital transformation and employs technologies to improve financial businesses’ quality and efficiency and enhance risk management. The Group is listed on the stock exchanges in Hong Kong and Shanghai. As of the end of December 2024, Ping An had more than RMB12 trillion in total assets. The Group ranked 27th in the Forbes Global 2000 list in 2025, 47th in the Fortune Global 500 list in 2025, and ranked AAA in MSCI ESG Ratings in 2025.

For more information, please visit the www.group.pingan.com and follow our LinkedIn page – PING AN.

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