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

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

 

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

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

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

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

Closing Bell
Deaf Kids Code rings the Closing Bell

Click here to download the NYSE TV App

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

Over 300 Attend China-ASEAN Legal Cooperation Talks in Chongqing

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

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

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

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

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

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

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

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

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

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

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

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

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

BitMine declares annual dividend of $0.01 per BMNR share

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

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

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

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

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

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

Full Year Fiscal 2025 Highlights and Current Operational Updates:

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

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

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

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

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

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

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

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

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

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

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

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

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

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

Grvt Debuts Global Trading League to Redefine Perp Esport Trading Worldwide

PANAMA CITY, Nov. 21, 2025 /PRNewswire/ — Grvt, the preeminent DEX (decentralized exchange) for onchain financial privacy that is powered by zero-knowledge (“ZK”) technology, is proud to announce the official debut of the Grvt Global Trading League (GTL), an innovative, esport-style trading experience set to redefine how perpetual futures are traded and celebrated around the world.

GLT Grand Prix
GLT Grand Prix

Redefining How Trading Feels
The launch of GTL comes directly in response to the overwhelming enthusiasm from the Grvt community for esport-inspired trading experiences. In an industry traditionally seen as data-driven and solitary, Grvt’s vision is to bring competition, excitement, and global-scale engagement into perpetual trading, transforming it into a new form of entertainment.

Trading should be fun, not just profitable. Drawing inspiration from the scale, intensity, and spectacle of global esports, Grvt believes that esport perpetual trading is on a trajectory to become one of the most exciting intersections of finance, technology, and entertainment. The GTL represents this evolution, where skill, strategy, and innovation meet in a dynamic arena for the next generation of enthusiasts.

Hong Yea, co-founder and CEO of Grvt, commented, “The Grvt Global Trading League is more than an event. It’s the beginning of a new global format and movement. We see a trillion-dollar opportunity in the convergence of DeFi and esports. GTL represents a new shape of competition and entertainment, where trading becomes a spectator experience powered by the most pioneering technology and decentralized infrastructure. This is where the next generation of star performers will rise, and where the culture of trading evolves into something truly iconic.”

A Journey Across Asia and Beyond
The Grvt team has already brought this experience to life across multiple regions, where the response from the community has been nothing short of electric. Each stop proved that the appetite for competitive trading is real, the community  wants to play, compete, and connect.

With momentum building, Grvt is expanding the GTL tour to new destinations, bringing together local communities and global talent in a celebration of trading and technology. The next demo trading competition takes place on November 26, Grvt invites builders and fans to step into this next-level experience as GTL continues its mission to make perpetual trading more immersive, social, and iconic.

The journey is only beginning, for details, go to https://x.com/grvt_io.

Disclaimer: Cryptocurrencies carry high risks. This content is not a distribution of, or an offer or solicitation to provide, financial services or products, nor a representation as to their suitability or legality for you. Grvt is not a regulated entity and your funds are not subject to regulatory protection. Before making any decision based on this content, please seek financial and legal advice, and carefully review our Risk Disclosure and Disclaimer in full.

About Grvt
Grvt (pronounced “gravity”) is the preeminent DEX for onchain financial privacy that is powered by zero-knowledge (“ZK”) technology, ensuring private, trustless, scalable and secure infrastructure. Grvt simplifies wealth generation onchain by providing a decentralized, self-custodial trading and investment hub on ZKsync, where anyone can grow their wealth using the same tools as. the world’s most elite traders.

Grvt official website: https://Grvt.io/

Social and Community: X | LinkedIn | Telegram | Discord

 

“Hong Kong Outdoor and Sport Expo 2025 cum Sportival Asia” Officially Opens

Over 50 Competitions and Experience Activities
Continuing the National Games Fever to Promote Sports Popularization and Industry Development

HONG KONG, Nov. 21, 2025 /PRNewswire/ — Organized by Exhibition Group, the “Hong Kong Outdoor and Sport Expo 2025 cum Sportival Asia” opens today and runs until November 23 (Friday to Sunday) at Hall 3BCDE of the Hong Kong Convention and Exhibition Centre. Building on the nationwide enthusiasm for the 15th National Games and creating a vibrant sporting atmosphere ahead of the upcoming 12th National Games for Persons with Disabilities and the 9th Special Olympics Games, the Expo comprehensively showcases the latest trends in outdoor sports and related products. Exhibits cover a wide range of sports equipment, gear, hiking and camping supplies, and sports therapy products, creating an all-encompassing outdoor and sports lifestyle carnival for the public and industry professionals alike.

"Hong Kong Outdoor and Sport Expo 2025 cum Sportival Asia" Officially Opens
“Hong Kong Outdoor and Sport Expo 2025 cum Sportival Asia” Officially Opens

The opening ceremony was officiated by Prof. Herman Hu, Hong Kong deputies to the National People’s Congress (NPC) and the Vice-President of the Sports Federation & Olympic Committee of Hong Kong, China, Mr. Alvin Chiu, Political Assistant to the Secretary for Culture, Sports and Tourism, Ms. Helena Chen, Senior Vice President, General Manager of Mastercard Hong Kong and Macau, Mr. Heung Pak Wing, Vice Chairman of the China Hong Kong Shoot Boxing Association, Mr. Wong Tsan, Principal of the Hong Kong Fencing School, Mr. Lok Yau Lung, Chairman of Golf Lifestyle, Mr. Terence Au, Business-School Partnership Programme Partner and Marketing Director of Ming Pao Newspaper Limited, Mr. Eric Cheung, CEO of the Sportival Asia, Mr. Kenny Ho, Ambassador of the Active Ageing Zone and Mr. Carl Wong, Chairman of the Exhibition Group.

This year is pivotal for Hong Kong’s sports development. At the 15th National Games, the Hong Kong team sent its largest-ever delegation of 602 athletes participating in 28 events, achieving outstanding results with 9 golds, 2 silvers, and 8 bronzes. To sustain this momentum, the Hong Kong Judo Team immediately transitioned to the “Asian Judo Open Hong Kong 2025,” which is being held concurrently at the Expo starting today. This tournament has attracted 161 athletes from 18 teams, including Australia, Mongolia, and South Korea, competing in 14 categories. The Hong Kong team has dispatched 30 elite athletes to compete on home turf, aiming for strong finishes to close the season and pave the way for next year’s Aichi-Nagoya Asian Games.

Mr. Carl Wong, Chairman of the Exhibition Group, stated: “We hope the Expo and the Sportival Asia will serve as a community platform to extend the spirit of the Hong Kong team’s success at the National Games. We want that spirit to move beyond the podium and truly enter communities, schools, and every household, further promoting the popularization of sports and industry development. This year, we are also hosting the international-level ‘Asian Judo Open Hong Kong 2025,’ attracting 18 overseas teams, which further elevates Hong Kong’s international sporting image. Additionally, with the continued development of the ‘Silver Economy,’ the demand for sports among seniors is rising. Innovative gerontech products are emerging as a key growth point for the future.”

The Sportival Asia is being held in a pilot mode this year, making the HKCEC the first venue for such a large-scale comprehensive indoor sports competition. Its debut has received enthusiastic support from over 20 sports organizations. At the launch ceremony, the official establishment of the “Sportival Asia” Organizing Committee was announced. Mr. Eric Cheung, CEO of the Executive Committee, remarked: “The Sportival Asia will further drive sports development, promoting the integration of the local sports industry with education, technology, and mass participation. We aim to gradually form a true ecosystem and realize the vision of ‘Sports for All.’ The festival will be held annually, featuring various on-site trials, competitions, and demonstrations, providing diverse experiences for citizens and building an indoor sports platform based in Hong Kong, connected to the Greater Bay Area, and facing Asia.”

The inaugural Sportival Asia features numerous on-site sport experience, including fencing, cycling, balance bikes, penny-farthings, table tennis, pickleball, and darts. Simultaneously, over 50 competitions and demonstrations will be held, such as the Greater Bay Korfball Championship 2025, Asian Fencing Club League Grand Final 2025, Asian Judo Open Hong Kong 2025, HKTTF Exhibition Cup Table Tennis Competition, Soft Tip Darts Competition, HKFEW 15th Teachers’ Sports Festival Darts Competition, the Jockey Club “Jump Rope Together!” Rope Skipping Scheme (with over 60 participating schools), the EF Hong Kong Youth Shoot Boxing Competition, and Hong Kong Boxing Championship belt matches. These events allow the public to experience the charm of different sports firsthand, further promoting the concept of ‘Sports for All’.

In recent years, golf in Hong Kong has developed rapidly, with an increasingly complete supply chain from international tournaments to the National Games. The “1st HK Golf Show” makes its debut at the HKCEC this year, gathering numerous international and local golf brands. It showcases golf balls, bags, apparel, accessories, and training equipment, while also covering services related to golf platforms, tourism, finance, and insurance. A special putting challenge zone allows visitors to try the sport, with prizes for successful challenges. A golf fashion show will also be held, bringing high-end golf apparel to the runway.

In response to the government’s “Silver Economy” policy, the organizers designated the opening day, November 21, as “Silver Friday.” A series of sports competitions and interactive experiences tailored for the elderly were held, including the “Senior Darts Invitational,” “Senior Boxing & Combat Sports Demonstration,” and the “HKCEC Table Tennis Senior Cup.” A new “Active Ageing Zone” allows seniors to experience the latest VR sports equipment, enjoying the fun of exercise through technology to improve physical and mental health.

To honor the selfless dedication of physical education teachers in nurturing Hong Kong’s future sports elites, the “Hong Kong Physical Education Teacher Awards 2025,” organized by Exhibition Group and co-organized by Ming Pao, is being held during the Expo. The event aims to recognize teachers who actively promote physical education, affirming their professionalism and emphasizing their vital role in passing on positive sports energy and discovering talent.

Exhibition Group previously announced the launch of the new “Point2Purchase Consumption Vouchers,” which was successfully piloted at the “Holiday & Travel Expo 2025 Autumn” and “In-Home Expo 2025 Autumn” in September. The Group continues to partner with The Club (under HKT) to implement this scheme at the current Expo. Over 4 million The Club members can convert accumulated points into exhibition-exclusive consumption vouchers via the app, redeem physical vouchers at a designated counter at the venue, and use them immediately at participating booths. This initiative further promotes “local consumption,” creating a win-win situation for exhibitors and consumers.

Hong Kong Outdoor and Sport Expo 2025 cum Sportival Asia

Date

21 to 23 November 2025 (Friday to Sunday)

Time

11:00 AM to 8:00 PM

Venue

Hall 3BCDE, HKCEC

Website

https://www.exhibitiongroup.com.hk/exhibitions/outdoorsport2025

 

About Exhibition Group

Exhibition Group Limited is one of Hong Kong’s renowned exhibition companies. Our core team has been assembled since 2003, bringing together a group of innovative, experienced, and professional exhibition talents. As a leading event management company, specializing in the planning and operation of world-class public exhibitions, conferences, and trade fairs, covering a wide range of industries. With years of industry experience, we are committed to the development of exhibition and marketing businesses, gaining a prestigious reputation within the exhibition industry.

Our company organizes a variety of themed exhibitions and marketing projects, which not only receive substantial support from the business community and exhibitors but also effectively attract a large number of public participants. Each event has garnered rave reviews, resulting in a win-win situation for exhibitors in both product promotion and sales. Notable exhibitions include the Pet Show, In-Home Expo, Premium Pet Supplies Expo, Hong Kong Cat Expo, Hong Kong Holiday & Travel Expo, Extracurricular Activities Festival cum Teaching Materials and Supplies Expo, and Hong Kong Outdoor & Sports Expo, among others. In recent years, our company has been honored with several awards, including the “Outstanding Award for Pandemic Resilience,” “ESG Commendation Awards,” and “Innovative Exhibition Planning,” recognizing our business development achievements across various sectors.

This press release is distributed by Market Hubs Holdings Limited.

For Media Enquiry,

Market Hubs Holdings Limited

Lierence Li

Debbie So

+852 3998-4900

+852 3998-4900

lierence@markethubsgroup.com

debbie@markethubsgroup.com

 

MillerKnoll Strengthens Taiwan Presence by Appointing York Business Interiors as its Authorised Dealer

After nearly four decades of partnership, MillerKnoll elevates its relationship with leading Taiwanese furniture provider

TAIPEI, Nov. 21, 2025 /PRNewswire/ — Today, MillerKnoll announces the activation of its first Authorised Dealer in Taiwan, significantly strengthening the design collective’s presence across Asia, and bringing its complete portfolio of workspace design solutions to one of the most sophisticated commercial markets in the Asia-Pacific region.

This activation is a strategic milestone in MillerKnoll’s regional expansion, and it marks new chapter in the collective’s partnership with York Business Interiors, Corp. (York). The partnership began in 1988 when the leading Taiwanese furniture provider became an authorised dealer for Herman Miller. Now, in testament to the longstanding relationship York and MillerKnoll have built, the partnership has expanded to encompass the full spectrum of the collective’s brands. As the first Authorised Dealer in Taiwan, York can provide its clients with access to everything from Herman Miller to Knoll, Muuto, NaughtOne, Colebrook Bosson Saunders, and more.

To commemorate this development, York hosted a launch party last night in Taipei. Over 200 leaders in architecture and design, as well as the Taiwanese business community, gathered together to celebrate the occasion. The lively event was also an opportunity to explore how integrated design solutions can reshape workplace performance and elevate organisational culture.

Taiwan represents exactly the kind of market where MillerKnoll thrives. It’s sophisticated, design-conscious, and increasingly focused on the connection between workplace environment and business success,” said Kenneth Cheng, Commercial Director, MillerKnoll, who spoke at the launch. “Appointing York as our first Authorised Dealer here allows us to serve this market with the depth and breadth it deserves, providing organisations with access to comprehensive solutions that support their most valuable resource: their people.”

The timing of this appointment aligns with significant shifts in how Taiwan’s commercial sector approaches workplace design. Organisations across industries now recognise that thoughtfully designed work environments directly influence talent attraction, employee wellbeing, and ultimately, business outcomes. This understanding has created demand for integrated design solutions that go beyond individual products to address the complex reality of modern work.

MillerKnoll’s approach answers this demand by offering not just furniture, but coordinated systems that are driven by the latest design thinking and research into the evolution of work. The resulting systems enable organisations to create environments where people can perform at their highest level.

“For 37 years, we’ve witnessed how exceptional workplace design transforms organisations,” said Jason Chao, Owner of York, speaking at the event. “Now, we are thrilled to serve as MillerKnoll first authorised dealer in Taiwan. It gives us the ability to offer our clients solutions that address every dimension of the contemporary workplace, from individual comfort to collaborative innovation and complete spatial strategies.”

CLICK HERE FOR IMAGES

Media contact:
Sally Liu sally@yaho.com.tw 02-2546-1133 ext.269

About MillerKnoll

MillerKnoll is a collective of dynamic brands that comes together to design the world we live in. The MillerKnoll brand portfolio includes Herman Miller, Knoll, Colebrook Bosson Saunders, DatesWeiser, Design Within Reach, Edelman, Geiger, HAY, HOLLY HUNT, Knoll Textiles, Maharam, Muuto, NaughtOne, and Spinneybeck|FilzFelt. MillerKnoll is an unparalleled platform that redefines modern for the 21st century by building a more sustainable, equitable, and beautiful future for all.

About York Business Interiors Corp.

Established in 1988, York Business Interiors Corp. (雅浩国际股份有限公司) is a premier provider of commercial furniture solutions in Taiwan, serving the architecture, design, and corporate communities with expertise in workplace design and ergonomic solutions. As a MillerKnoll Authorized Dealer, York offers comprehensive access to the collective’s portfolio of leading design brands, delivering integrated workplace solutions that support organizational excellence and human wellbeing.

For more information about York Business Interiors and the MillerKnoll portfolio, please visit:
Website: www.yaho.com.tw
Online Store: www.ystore.com.tw

TransFuture Aviation Unveils Vision for the Future of Urban Air Mobility at Dubai Airshow 2025

DUBAI, UAE, Nov. 21, 2025 /PRNewswire/ — Amid the pavilions of the Dubai Airshow, TransFuture Aviation CEO Bai Zhiliang, China’s eVTOL pioneer, presented a bold vision for the next era of flight. With the unveiling of its Honghu fully tilt-rotor eVTOL and a comprehensive roadmap for global urban air mobility, the company positioned itself at the forefront of the emerging low-altitude economy.

TransFuture Aviation CEO Bai Zhiliang
TransFuture Aviation CEO Bai Zhiliang

A New Force in the Skies

Founded with the mission to redefine personal and regional air transport, TransFuture Aviation has rapidly emerged as a leader in fully tilt-rotor eVTOL development. Under the leadership of CEO Bai Zhiliang, the company brings together a distinguished team of aviation experts, drawing from both academia and industry.

Bai, a seasoned aerospace innovator, emphasized during his Dubai presentation that “the eVTOL era is not just approaching—it is being built today. More than mere witnesses, we are its architects.”

Supporting him is Zhang Wei, Co-Founder and Chief Scientist, who also serves as Director of the MIIT Key Laboratory and oversees the company’s R&D operations.

Building on this leadership and talent base, TransFuture Aviation’s core team brings together individuals with deep roots in China’s leading aviation institutions, including experience at the National Key Laboratory of Aircraft Configuration Design, major aerospace groups such as AVIC (Aviation Industry Corporation of China) and Honeywell.

This collective background provides the company with a strong technical foundation in flight control, propulsion, airworthiness, and safety systems, enabling TransFuture to advance rapidly in both research and engineering practice.

From Wright Flyer to Honghu eVTOL

TransFuture’s presentation traced the lineage of aviation from the Wright Flyer’s 1903 triumph to today’s electric vertical takeoff and landing revolution. The company drew historical parallels between the Cornu helicopter of 1907, the Douglas DC-3 that reshaped commercial flight in the 1930s, and the V-22 Osprey, which became the modern symbol of tilt-rotor versatility despite its combustion-related drawbacks.

In the words of CEO Bai, “Each chapter in aviation history – CTOL, jet, helicopter, and now eVTOL – represents humanity’s pursuit of efficiency, safety, and freedom in the air. TransFuture’s journey follows this lineage, but with an eye toward sustainability and accessibility.”

After more than a decade of experimentation across multiple configurations-ranging from compound wing demonstrators to morphing airframes and distributed ducted-fan VTOLs -TransFuture concluded that the fully tilt-rotor configuration offered the most promising path forward. It combines the aerodynamic efficiency of fixed-wing aircraft with the vertical flexibility of helicopters, optimizing performance for both short urban hops and regional missions.

TransFuture’s research into Distributed Electric Propulsion (DEP) began in 2017, marking it among the earliest global adopters of this critical enabling technology for eVTOLs. DEP allows thrust to be distributed across multiple smaller electric motors, significantly enhancing redundancy and safety while reducing mechanical complexity.

In a detailed technical overview, Bai explained how DEP “fundamentally redefines aircraft architecture, enabling safer vertical flight and smoother transition to cruise, while offering unprecedented control authority.”

The fully tilt-rotor design represents the company’s answer to the long-standing challenges of VTOL: balancing efficiency, safety, and noise reduction. Unlike hybrid or partial-tilt systems, TransFuture’s solution achieves seamless transition flight and optimized lift-to-drag performance.

TransFuture’s aerodynamic breakthroughs are informed by Lattice Boltzmann simulations, a cutting-edge computational approach that models complex airflow with exceptional accuracy. Complementing this technology is the company’s use of biomimicry, drawing direct inspiration from bird flight. Just as birds tilt their wings to maneuver gracefully, TransFuture’s eVTOL uses dynamically adaptive wing structures to maximize stability and efficiency across flight regimes.

“Nature has been refining flight for millions of years,” noted Bai. “Our task is to learn from it and adapt those principles through advanced materials, electric propulsion, and digital simulation.”

From Demonstrator to Reality

The culmination of TransFuture’s research arrived in December 2024, when the company’s Honghu eVTOL full-scale engineering prototype completed its maiden flight in Changsha. It stands as a technological milestone -the world’s second fully tilt-rotor eVTOL engineering prototype after Joby’s JAS4-1, and the first of its kind in China.The event marked a significant milestone -not only for TransFuture, but also for China’s burgeoning eVTOL sector.

The Honghu’s design showcases the maturity of TransFuture’s fully tilt-rotor concept. With an advanced DEP system, streamlined fuselage, and intelligent flight control algorithms, the prototype validated years of theoretical and experimental progress.

The company’s progress continued in September 2025, when the Civil Aviation Administration of China (CAAC) officially accepted TransFuture’s Type Certification (TC) application for the Honghu eVTOL and its core subsystems. The Honghu is also China’s first fully tilt-rotor eVTOL to have its TC application formally accepted, setting a regulatory precedent and establishing a new benchmark for future designs.

Since 2023, TransFuture Aviation has completed four rounds of financing totaling several hundred million RMB, reflecting strong investor confidence in its technology, vision, and commercial potential. Together with its verified DEP system, intelligent flight control algorithms, and streamlined aerodynamic design, the Honghu program has validated TransFuture’s role as a genuine pioneer in China’s next generation of vertical flight.

Urban Air Mobility: Dubai as the Future Testbed

While TransFuture’s roots are in China, the company’s ambitions are unmistakably global. The presentation highlighted Dubai as a key potential market for early eVTOL adoption -thanks to its aviation-friendly regulatory environment and appetite for innovation.

The TransFuture’s analysis of regional mobility scenarios showcased the transformative efficiency of eVTOLs:

Target Cities

Direct Distance

Time by

Drive

Time by eVTOL

Ajman

35 km

35 mins

10 mins

Umm Al Quwain

60 km

50 mins

15 mins

Abu Dhabi

140 km

100 mins

35 mins

These figures underline the ability of eVTOLs to cut short- to medium-distance travel times by up to 70%, while maintaining operating costs comparable to driving.

One particularly compelling case study is aerial tourism over Palm Jumeirah, where existing helicopter services currently generate approximately AED 200 million annually from 100,000 passengers. TransFuture projects that with widespread eVTOL deployment, annual attendance could exceed 1 million passengers, pushing revenues to AED 2 billion. This growth would not only boost tourism income but also stimulate high-tech job creation and infrastructure investment.

Bai envisions Dubai‘s skyline becoming “a showcase of safe, serene, and swift aerial mobility,” where residents and tourists alike could experience a seamless fusion of technology, luxury, and sustainability.

Global Ambition: Building the Low-Altitude Economy Together

In its closing message, TransFuture Aviation underscored a call for international collaboration. As one of China’s leading eVTOL developers, the company aims to lead the nation’s entry into the global advanced air mobility (AAM) market while partnering with regulators, infrastructure providers, and operators worldwide.

“The eVTOL revolution is a global endeavor,” Bai stated. “We extend our hand to visionary partners who share our commitment to safety, sustainability, and shared prosperity in the skies.”

The company’s broader mission is to help unlock the low-altitude economy—an emerging domain encompassing aerial logistics, passenger transport, and emergency response operations. TransFuture sees this as a trillion-dollar opportunity that will redefine both airspace usage and urban infrastructure.

With their proven fully tilt-rotor design, validated DEP systems, and a growing portfolio of research partnerships, TransFuture positions itself as a key architect of this transformation.

TransFuture’s Dubai Airshow presentation was more than a showcase—it was a statement of intent. By marrying China’s deep aerospace expertise with a globally minded strategy, the company has set its sights on becoming a major force in the eVTOL race, alongside established players from the U.S. and Europe.

“We are not just building aircraft,” CEO Bai concluded. “We are building a new dimension of mobility—one that brings flight closer to everyday life.”

During the Airshow, TransFuture CEO Bai Zhiliang held a cordial conversation with Joby Aviation Founder and CEO JoeBen Bevirt, one of the world’s most influential figures in the eVTOL sector. JoeBen expressed high admiration for TransFuture’s pioneering achievements as China’s leading fully tilt-rotor eVTOL developer, noting that the company’s technological path aligns closely with global advanced trends. Both leaders shared the view that the global eVTOL community is entering a decisive decade and expressed a mutual desire to jointly shape the future of Advanced Air Mobility (AAM) to make human transportation more efficient, sustainable, and accessible. Bai also engaged in a brief but insightful technical discussion with Professor Jordan Karatzas of MIT, a senior advisor to Electra, the U.S. company focused on hybrid-electric eSTOL aircraft. The dialogue touched on the comparative strengths of tilt-rotor architectures and short takeoff and landing (STOL) designs—reinforcing the importance of cross-disciplinary research in advancing next-generation regional aviation. 

 

Worldwide Diversified Holdings, Inc. Acquires Control of American Lithium Minerals, Inc. to Launch Global Mineral and Rare Earth Initiative

Strategic acquisition positions the company to lead rare earth mineral development across key global markets, starting with a 1,730-acre lithium and boron site in Nevada.

CLAYTON, Nev., Nov. 21, 2025 /PRNewswire/ — American Lithium Minerals, Inc. (OTCID: AMLM) announced that Worldwide Diversified Holdings, Inc., an investment firm, has acquired a controlling interest in the Company. This change in control marks a pivotal step in AMLM’s strategy to build a diversified portfolio of minerals and rare earth mineral assets across the globe, with a focus on countries outside of China.

The controlling interest includes AMLM’s option on a flagship 1,730-acre property in Nevada, rich in lithium and boron, two critical elements for electric vehicle batteries and advanced manufacturing. This site will serve as the cornerstone of AMLM’s mineral development program, which aims to secure and expand access to strategic mineral resources in North America, Australia, Canada, and Europe.

“This acquisition is more than a transaction, it’s a launchpad for a global initiative to reshape the mineral and rare earth supply chain,” said Frank Kristan, President of AMLM. “With growing demand for energy technologies and geopolitical urgency to diversify supply sources, we are committed to building a robust, sustainable, and secure portfolio of minerals and rare earth assets.”

AMLM’s expansion strategy aligns with recent joint announcements by the United States and Australia to invest heavily in minerals and rare earth mineral development. These initiatives underscore the importance of securing non-chains sources of critical minerals to support national security, economic resilience, and the global energy transition.

The strategy is to reposition American Lithium Minerals Inc. from a small-cap lithium explorer into a Nasdaq-uplisted commodity acquisition vehicle, enhanced by seamless integration with a Real-World Asset (RWA) tokenization suite. This approach aims to create a differentiated hybrid model: a publicly traded holding company that acquires, consolidates, and ultimately tokenizes real commodity assets, including gold, lithium, oil, gas, rare earth elements and beyond.

By uplisting to Nasdaq and moving forward with our institutional bifurcated tokenization platform, AMLM becomes the bridge between traditional public markets and asset-backed tokenization. This integration enables multi-asset tokenization, across both newly acquired and partner-owned projects, using  infrastructure for liquidity, hedging, and new revenue channels.

Key Highlights:

  • Acquisition of controlling interest in American Lithium Minerals, Inc. (OTCID: AMLM) by Worldwide Diversified Holdings, Inc., which includes indirect control over AMLM’s option on the Sarcobatus Lithium Property in the State of Nevada.
  • AMLM has formed a new subsidiary, American Mineral Resources, Inc, to launch a global mineral and rare earth development program, targeting acquisitions in the U.S., Australia, Canada, and Europe. The company is actively evaluating properties in  mineral rich zones and rare earth corridors across multiple continents.

About American Lithium Minerals, Inc. 

American Lithium Minerals, Inc. (OTCID: AMLM) is an exploration-stage mining company focused on gold, lithium, rare earths, cobalt, nickel, and other critical metals powering the global energy transition. Now entering a transformation phase, AMLM is being repositioned as a commodity acquisition and tokenization vehicle to pioneer real-world-asset (RWA) tokenization across commodities and mining assets, including gold, lithium, oil, gas and rare earth elements (REE). Information at American Mineral Resources.

About Worldwide Diversified Holdings, Inc.

Worldwide Diversified Holdings, Inc. (www.wdhinc.net). The company is focused on making acquisitions of business operations and investments to create a diversified holding company. It is focused on acquiring ownership positions in small to middle market companies. The operations provide for income from advisory services, interest, dividends and capital gains from investments in public and private companies in a variety of industries located worldwide. 

FORWARD-LOOKING STATEMENTS:

This press release contains certain forward-looking statements that are subject to various risks and uncertainties. Forward-looking statements are generally identifiable by use of forward-looking terminology such as “may,” “will,” “should,” “potential,” “plan,” “intend,” “expect,” “outlook,” “seek,” “anticipate,” “estimate,” “approximately,” “believe,” “could,” “project,” “predict,” or other similar words or expressions. Forward-looking statements are based on certain assumptions, discuss future expectations, describe future plans and strategies, or state other forward-looking information. Our ability to predict future events, actions, plans, or strategies is inherently uncertain. Although we believe that the expectations reflected in our forward-looking statements are based on reasonable assumptions, actual outcomes could differ materially from those set forth or anticipated in our forward-looking statements.

Contact:
American Lithium Minerals, Inc
1007 South Street
Carson City, NV 89701
Phone: (877) 734-8787
E-mail: info@americanmineralresources.com 

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