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ITALY, ECOMONDO 2025, GLOBAL RESEARCH AND INNOVATION HUB

 From 4th to 7th November, 1.700 exhibiting brands, 350 buyers from 66 countries, 30 official delegations and 90 international associations: a global edition of the ecological transition show.

RIMINI, Italy, Oct. 28, 2025 /PRNewswire/ — Ecomondo, set to go from 4th to 7th November at Rimini Expo Centre, is Europe and the Mediterranean’s leading event for the green, blue and circular economies, organized by Italian Exhibition Group (IEG) with over 1.700 exhibiting brands, a record presence of 350 hosted buyers from 66 countries, 30 official delegations and 90 trade associations from abroad.

In parallel, 200 prestigious conference events.

For IEG president Maurizio Ermeti: “The Ecomondo saga is the story of a long and successful journey. From the end of the ’90s to present day, the event has grown exponentially, becoming an international reference point and essential event for companies in Europe and beyond that want to establish themselves in the green economy’s global markets.”

Corrado Peraboni, CEO of IEG states: “Ecomondo is the place where innovation, business and strategic vision converge. It connects institutions, companies and the scientific world to discuss challenges and opportunities related to environmental policy and the transition towards a circular economy, promoting strategic collaborations from which global synergies can emerge.”

For Alessandra Astolfi, IEG’s Green & Technology director: “Thanks to synergy with the Italian Trade Agency and the Ministry of Foreign Affairs and International Cooperation, Ecomondo is the meeting place par excellence for international ecological transition stakeholders.

Programme highlights will include the fifth edition of the Africa Green Growth Forum with focus on access to clean and sustainable energy on the African continent, in synergy with the Mattei Plan and the “Mission 300” programme.

The States General of the Green Economy, organized by the Sustainable Development Foundation with the Ministry of the Environment and Energy Security (MASE), will open for the first time to an international audience with a plenary session on 5th November in English to broaden the dialogue with policy makers and foreign companies.

Ecomondo is part of a global network that includes editions in Mexico and China, the Green Med Symposium in Naples and a 2025 roadshow that made stop-offs in Cairo, Belgrade and Warsaw.

Charter flights are scheduled from Munich and Rome. Bilingual topics, with over 500 free places per day, will be held.

PARAMOUNT AND UFC EXPAND PARTNERSHIP TO LATIN AMERICA AND AUSTRALIA STARTING IN 2026

Watch Australia Announcement HERE

Watch Brazil Announcement HERE

Watch Latin America Announcement HERE

LOS ANGELES and NEW YORK, Oct. 28, 2025 /PRNewswire/ — Paramount, a Skydance Corporation (NASDAQ: PSKY) and UFC, the world’s premier mixed martial arts organization, today announced a seven-year, multi-territory expansion of their partnership, securing UFC media rights for Paramount+ across Latin America and Australia starting in 2026.

UFC on Paramount+
UFC on Paramount+

This agreement expands upon the landmark seven-year media rights partnership announced this past August in which Paramount+ becomes the premier destination for UFC fans as the exclusive home of all UFC events in the U.S. starting in 2026. 

“The partnership with Paramount has already been incredible and it just keeps getting bigger and better,” said UFC President and CEO Dana White. “They are now taking on new territories like Latin America and Australia and this thing is just going to continue to grow. It just shows you how aggressive they are with this business, and I love it. I can’t wait to continue working together and building the next generation of talent all over the world.”

“Delivering premium UFC programming to audiences on a global scale remains a top priority for Paramount,” said Cindy Holland, Chair of Direct-To-Consumer, Paramount. “We are thrilled to expand upon the historic offering of UFC content for Paramount+ subscribers across all plans to more passionate and engaged fans around the world.”

UFC fans across Latin America, including Brazil, will have unprecedented access to every moment of the action, with all 13 marquee numbered events and 30 UFC Fight Nights televised live, at no additional cost to Paramount+ subscribers. This expansion positions Paramount+ as the premier destination for UFC fans in the region and significantly increases the value proposition for subscribers by bringing together the sport’s most anticipated events in one place. Today, Paramount+ has further solidified its position as a leading platform for world-class sports and entertainment in Latin America.

Paramount+ Australia is also stepping into the Octagon®. As part of its expanded sports offering, the fastest-growing major streaming service in the country is bringing fans a great lineup of UFC content—including all 30 UFC Fight Nights, as well as the prelims for all marquee UFC numbered events. This strategic move brings two powerhouse live sports programs under one roof and supercharges the sports’ experience across Paramount+ in the region.

This expanded partnership underscores the commitment of Paramount+ to broaden its diverse offering of high-quality TV series, blockbuster movies, most-watched reality, and favorite kids’ content to global audiences through one of the world’s most dynamic and influential sports franchises.

Details on the first UFC events to stream live on Paramount+ in the U.S., Latin America, and Australia, will be announced in coming weeks.   

About Paramount, a Skydance Corporation

Paramount, a Skydance Corporation (Nasdaq: PSKY) is a leading, next‑generation global media and entertainment company, comprised of three business segments: Studios, Direct-to-Consumer, and TV Media. The Company’s portfolio unites legendary brands, including Paramount Pictures, Paramount Television, CBS – America’s most-watched broadcast network, CBS News, Nickelodeon, MTV, BET, Comedy Central, Showtime, Paramount+, Pluto TV, and Skydance’s Animation, Film, Television, Interactive/Games, and Sports divisions. For more information please visit www.paramount.com

About Paramount+

Paramount+ is a premium streaming subscription service delivering live sports, breaking news, and a Mountain of Entertainment™, and is a cornerstone of the Direct-to-Consumer division of Paramount, a Skydance Corporation (Nasdaq: PSKY), a leading, next generation global media and entertainment company. The Company’s portfolio unites legendary brands, including Paramount Pictures, Paramount Television, CBS – America’s most-watched broadcast network, CBS News, CBS Sports, Nickelodeon, MTV, BET, Comedy Central, Showtime, Paramount+, Pluto TV, and Skydance’s Animation, Film, Television, Interactive/Games, and Sports divisions. For more information, please visit www.paramount.com.

About UFC®

UFC® is the world’s premier mixed martial arts organization (MMA), with more than 700 million fans and approximately 318 million social media followers. The organization produces more than 40 live events annually in some of the most prestigious arenas around the world while distributing programming to more than 950 million broadcast and digital households across more than 210 countries and territories. UFC’s athlete roster features the world’s best MMA athletes representing more than 75 countries. The organization’s digital offerings include UFC FIGHT PASS®, one of the world’s leading streaming services for combat sports. UFC is part of TKO Group Holdings (NYSE:TKO) and is headquartered in Las Vegas, Nevada. For more information, visit UFC.com and follow UFC at Facebook.com/UFC and @UFC on X, Snapchat, Instagram, and TikTok: @UFC.

Logo – https://laotiantimes.com/wp-content/uploads/2025/10/ufc_on_paramount.jpg 

 

From Smart Rings to Smart Glasses – DR H Redefines the Aesthetics of Technology

—Hong Kong brand DR H fuses Eastern philosophy and cutting-edge innovation to reshape the global smart wearables landscape.


HONG KONG SAR – Media OutReach Newswire – 28 October 2025 – In today’s smart wearables market, the hottest segment of the Consumer Electronics industry, leading brands dominate resources, while endless spec races and price wars leave consumers overwhelmed and uninspired. Beneath this seeming prosperity lies a landscape of homogeneity and aesthetic fatigue.

Amidst this, DR H, a rising smart wearables brand from Hong Kong Science Park, is charting a new course, where technology meets aesthetics, and intelligence meets emotion. By fusing cutting-edge innovation with refined design, DR H is transforming wearables from mere devices into intelligent lifestyle companions.

Precise Positioning: Finding Space in a Saturated Market

While most wearable brands focus on technical specs, DR H identified a clear gap—the lack of thoughtful design.

According to insights shared at the 2025 Rednote Trend & Tech Summit, young consumers are shifting their focus from technical specs to prioritizing experiential scenarios. They seek products that express personality, complement their style, and fit seamlessly into everyday life, rather than focusing on powerful devices.

At this pivotal moment, DR H seized the opportunity to merge rational technology with emotional aesthetics. Collaborating with renowned Hong Kong designer Alan Chan, the brand infuses Eastern philosophy into its products—drawing on concepts like TAIJI and WUJI to balance technology and lifestyle. The result: smart devices that transcend cold hardware to become elegant, expressive fashion accessories.

By making design its core competitive advantage, DR H has established a clear identity in a homogeneous market—not selling gadgets, but curating a refined, intelligent, and balanced way of life.

https://youtu.be/lB16kKGf9WU?si=jJ27LGPeAbanEUCZ

Growth Through Emerging Niches

In the fast-evolving tech landscape, success lies not in chasing trends but in recognizing the turning points. DR H’s rise reflects this strategic foresight. Rather than competing in the saturated smartwatch category, the brand focused on emerging, unsaturated niches like smart rings and smart glasses, optimizing products for specific lifestyle scenarios and unlocking new growth opportunities.

  • TAIJI Smart Ring: A Philosophy of Balance for Day and Night

The brand’s first TAIJI Smart Ring integrates Eastern balance philosophy, introducing an innovative dual-ring system for day and night use. It offers 24/7 monitoring of heart rate, blood oxygen, body temperature, emotional stress, sleep quality, and activity levels, helping users understand both physical and emotional well-being. During the November 2024 e-commerce sale season, the TAIJI Smart Ring achieved a position within the Top 3 in the smart ring category on JD.com, signifying DR H’s significant success in the health wearables sector.

  • WUJI Smart Ring: Where Jewelry Meets Technology

The WUJI Smart Ring takes the concept of Luxury Technology further. Inspired by the ancient Chinese notion of round heaven and square earth, its distinctive square-inside-round shape is both symbolic and elegant. With a full-diamond finish and adjustable fit, it’s not just a wellness tracker but a statement of taste and individuality.

  • Smart Glasses: Entering the Audio-Visual Intelligence Era

In smart eyewear, DR H once again demonstrates its instinct for innovation. Two distinct series cater to different lifestyles:

DR H IntelliShade Sunglasses – A stylish fusion of sunglasses, headphones, and smart interaction for trendsetters on the go.

DR H IntelliView Glasses – Sleek rimless glasses for professionals, supporting music playback, calls, navigation, remote photo control, and voice interaction—a discreet assistant for the modern workplace.

In addition, DR H plans to launch smart brooches, smart bracelets, and other niche wearables, continuously expanding the boundaries of smart lifestyle design.

True Innovation That Cares

In an industry crowded with “conceptual” products and superficial gimmicks, DR H pursues authentic, tangible innovation, making technology genuinely perceptible and emotionally resonant. Its holistic approach connects functionality, emotional value, and service ecosystems, building multidimensional competitiveness from hardware to experience.

This vision comes to life through the brand’s companion app, DR HHH, which powers the smart ring ecosystem:

  • Comprehensive Health Insights: Aggregates mind-body data into visual weekly, monthly, and annual reports, complete with personalized guidance.
  • Personal Health IP: TAIJI GIRL – A virtual companion offering free, evidence-based wellness advice informed by over a million medical studies.
  • Value-Added Ecosystem: Integrates mindfulness courses, psychological counseling, and wellness services via DR H’s strategic partners, creating a complete “Monitor–Analyze–Act” loop for holistic health.


From Hong Kong to the World

Rooted in Hong Kong yet born with a global vision, DR H is actively expanding into Europe, the Middle East, and beyond, adapting its designs and marketing to local cultures.

In an increasingly competitive market, DR H stands out by redefining what smart wearables can be, where technology meets aesthetics, data meets humanity, and function meets emotion. With its commitment to design, innovation, and empathy, DR H continues to paint a new picture of wearable technology—one that is intelligent, stylish, and deeply human.

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

GS1 Hong Kong Summit 2025 Shaping the Future with Sustainability, Transformation, AI & Resilience

HONG KONG, Oct. 28, 2025 /PRNewswire/ — The GS1 Hong Kong Summit 2025 (“the Summit”) themed “Powering Next-Gen Business with STAR” concluded on a high note today at the Hong Kong Convention and Exhibition Centre. Drawing 600 senior executives, policymakers, and industry pioneers, the Summit served as a premier platform for dialogue and collaboration to explore how enterprises can harness STAR – Sustainability, Transformation, Artificial Intelligence (AI) and Resilience to enhance competitiveness and drive success in future.

The GS1 Hong Kong Summit 2025 (“the Summit”) themed “Powering Next-Gen Business with STAR” concluded on a high note today. Ms Mable Chan, JP, Secretary for Transport and Logistics of the HKSAR Government was the Guest of Honour
The GS1 Hong Kong Summit 2025 (“the Summit”) themed “Powering Next-Gen Business with STAR” concluded on a high note today. Ms Mable Chan, JP, Secretary for Transport and Logistics of the HKSAR Government was the Guest of Honour

Ms Mable Chan, JP, Secretary for Transport and Logistics of the HKSAR Government was the Guest of Honour and delivered opening address, “The evolvement of Environment, Social and Governance (ESG) is exciting as businesses take steps to protect our Mother Earth and assume more social responsibilities in their business practices to make our world greener and more equitable. The Government is also spearheading the adoption of Al in logistics through the Port Community System (PCS), which will be implemented for industry use starting in early 2026.” She also emphasized that resilience is the key element to place Hong Kong among the world’s top logistics hubs.

As highlighted in the Policy Address, one of the strategic priorities is to develop Hong Kong into a leading multinational supply chain management centre, serving as a gateway for enterprises to “go global.” In alignment with this vision, the Summit featured strategies supporting Mainland enterprises in entering Hong Kong, or even Asia Pacific market.

Mr Roy Ng, Chairman of GS1 HK, shared how the STAR framework empowers companies to enhance their competitiveness, “GS1 standards are evolving alongside the industry trends, serving as enabler of ‘STAR’. Driven by rising consumers’ expectation, regulatory requirements, ‘S’ – sustainability is no longer optional, but a must for businesses. Products selling to EU will be required to feature a Digital Product Passport that shows consumers the product’s lifecycle – where it comes from, what it’s made of, how sustainable it is, and whether it can be recycled. QR codes powered by GS1 standards capture unique product identifiers – GTIN (barcodes), GLN (location identifiers), etc, and provide instant access to these verified data, supporting companies meet regulatory requirements and build consumer trust.”

Ms Anna Lin, Chief Executive of GS1 Hong Kong, highlighted the importance of AI and data at the plenary, “The power of AI lies in the reliability of the data it consumes. To prevent ‘garbage in, garbage out’, businesses must prioritize structured, verifiable, and trusted data. Data and AI technologies are inseparable — effectively managing both is key to unlocking their full potential and driving tangible business value.”

In addition, the 2nd edition of GS1 HK’s Digital Transformation Awards was also held at the event, recognising businesses that have successfully implemented digital transformation initiatives in 10 award categories, including excellence in AI innovation, customer experience, digital enablement, ESG & sustainability, digital trust & data management, etc. (Please refer to appendix for the list of “Digital Transformation Awards” winners.)

Concluding the Summit was the Chairman Club, where businesses across sectors —including food, health & wellness, retail, and consumer electronics brands—exchanged insights on how they navigated challenges and grew with winning strategies.

Download Photos: photos

Appendix

Digital Transformation Awards Winners List (in alphabetical order):

Award category

Awarded Company

Digital Transformation Enterprise of the Year

HKT

Excellence in AI Innovations

Maxim’s Caterers Limited

SP Infinite Technology Limited

Swire Coca-Cola Limited

Excellence in Customer Experience

DCH Business Innovations / DCH Living

HKT

Hospital Authority

Mannings, DFI Retail Group

Excellence in Digital Culture

HKT

Swire Coca-Cola Limited

Excellence in Digital Enablement

HKT

MTR Corporation

Rondish Company Limited

Excellence in Digital Trust & Data Management

Check Point Software Technologies Limited

HGC Global Communications Limited

Excellence in ESG & Sustainability

AS Watson Group (HK) Limited – AS Watson Industries

Catalo Natural Health Science Limited

FoodTech AI Company Limited

Excellence in Operational Impact

DCH Business Innovations / DCH Toolbox

HGC Global Communications Limited

MTR Corporation

Excellence in Sales & Marketing

FrieslandCampina (Hong Kong) Limited

Hong Kong Technology Venture Company Limited

Maxim’s Caterers Limited

Excellence in Supply Chain & Logistics

Geek Plus International Co., Limited / Wellcome Supermarket

Loscam (Greater China) Holdings Limited

SME Innovator

Antelope International Limited

ShipAny Limited

 

About GS1 Hong Kong

Founded by the Hong Kong General Chamber of Commerce in 1989, GS1 Hong Kong is the local chapter of GS1®. GS1 Hong Kong’s mission is to empower businesses of their digital transformation, improve supply chain visibility and efficiency, ensure product authenticity, facilitate commerce connectivity and enable sustainable value chain through the provision of global supply chain standards (including GTIN & barcodes), and a full spectrum of platforms, solutions and services.

GS1 Hong Kong currently supports close to 8,000 corporate members from 20 sectors including retail & consumer packaged goods, food & beverage and food services, healthcare, apparel & footwear, logistics & ICT. By working closely with communities of trading partners, industry organizations, government, and technology providers, we can foster a collaborative ecosystem, paving the way for “Go Digital, Go Green“.

As a non-profit organization, GS1 develops and drives global adoption of supply chain standards. Headquartered in Brussels, Belgium, GS1 has member organisations in over 120 countries.

Website:www.gs1hk.org

Bybit Rides the Gold Wave: New Copy Trading TradFi Protection Vouchers Empower Traders to Trade Smarter and Safer

DUBAI, UAE, Oct. 28, 2025  /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is helping traders capture the momentum of the gold rally and heightened forex market activity through its Copy Trading TradFi platform. The company has launched two exclusive Protection Vouchers designed to help both new and existing users trade confidently while managing risk effectively.

Bybit’s “TradFi” — short for traditional finance — expands the platform beyond digital assets, giving traders access to markets such as gold, forex, indices, commodities, and U.S. stock CFDs. Built on MetaTrader 5 (MT5), Bybit TradFi integrates the sophistication of institutional trading with the accessibility of its user-friendly ecosystem, bridging the gap between crypto and conventional finance.

With global markets showing renewed volatility, Bybit Copy Trading TradFi allows users to automatically replicate the strategies of professional traders across traditional financial instruments. This initiative combines smart trading tools with risk protection, empowering users to make the most of every market move.

New users who copy trade with at least 100 USDT can receive up to 100 USDT in bonus protection if their first trade results in a loss, while existing users who copy trade with at least 800 USDT can earn up to 50 USDT in protection on a losing trade. These vouchers are available exclusively for Bybit’s Copy Trading Classic platform under its TradFi offering.

To participate, users must complete Identity Verification Lv. 1 and claim the voucher via the product page. Eligible participants can register during the event period, and rewards are distributed within three days of a qualifying loss. The voucher serves as a non-withdrawable trading bonus that can be used as margin for Copy Trading Classic, while profits generated from it remain withdrawable.

Participation is limited to verified users outside restricted regions, including the European Economic Area (EEA).

For full terms and conditions, visit Bybit Copy Trading TradFi.

#Bybit / #CryptoArk 

Bybit Rides the Gold Wave: New Copy Trading TradFi Protection Vouchers Empower Traders to Trade Smarter and Safer
Bybit Rides the Gold Wave: New Copy Trading TradFi Protection Vouchers Empower Traders to Trade Smarter and Safer

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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Ping An Reports Significant Improvements in Operating Profit in 9M 2025, Life & Health NBV Robustly Increases 46.2% YoY

Net Profit Surges 45.4% YoY in 3Q 2025

HONG KONG, SHANGHAI, Oct. 28, 2025 /PRNewswire/ — Ping An Insurance (Group) Company of China, Ltd. (hereafter “Ping An“, the “Company”, or the “Group”, HKEX: 2318 / 82318; SSE: 601318) today announced its results for the nine months ended September 30, 2025.

Despite a complex, fluid external environment, China’s economy achieved steady progress amid overall stability as domestic demand potential was unleashed and development resilience was enhanced in the first nine months of 2025. Ping An focused on core financial businesses and strengthened the insurance protection function to serve the real economy. Advancing the technology-enabled “integrated finance + health and senior care” dual-pronged strategy, Ping An remained customer-needs oriented, pursued high-quality development, and achieved significant improvements in overall business results.

In the first nine months of 2025, operating profit attributable to shareholders of the parent company grew 7.2% year on year to RMB116,264 million. Operating profit attributable to shareholders of the parent company grew 15.2% year on year in the third quarter of 2025. Despite the financial treatment of non-recurring items, including one-off transactions related to Ping An Good Doctor, Autohome, and Ping An HealthKonnect, as well as the revaluation on the conversion value of the convertible bonds issued by the Company, net profit attributable to shareholders of the parent company was RMB132,856 million, up 11.5% year on year in the first nine months of 2025, and surged 45.4% year on year in the third quarter of 2025. As of September 30, 2025, the Group’s equity attributable to shareholders of the parent company amounted to RMB986,406 million, representing a 6.2% increase from the beginning of the year after dividends, demonstrating the resilience of the balance sheet, robust profitability, and sustainable dividend-paying capability. In the first nine months of 2025, revenue amounted to RMB901,668 million, up 4.6% year on year.

High-quality development yielded notable results. In the first nine months of 2025, Life & Health’s new business value (“NBV”) increased 46.2% year on year; NBV per agent increased 29.9% year on year; bancassurance channel NBV surged 170.9% year on year. Insurance funds investment performance improved significantly. Ping An’s insurance funds investment portfolio achieved an unannualized comprehensive investment yield of 5.4% in the first nine months of 2025, up 1.0 pps year on year.

1.  Overall Business Results Significantly Improved; Life & Health NBV Robustly Increased 46.2% YoY.

Life & Health business sustained growth with high-quality multi-channel development. In the first nine months of 2025, Life & Health’s NBV increased 46.2% year on year to RMB35,724 million, and NBV margin based on annualized new premium rose 9.0 pps year on year. Ping An Life consistently deepened the transformation and built multi-channel professional sales capabilities. In respect of the agency channel, Ping An Life built a team development framework that prioritizes the cultivation, recruitment and fostering of high-quality agents. Agency channel NBV grew 23.3% year on year in the first nine months of 2025, driven by a 29.9% year-on-year increase in NBV per agent. In respect of the bancassurance channel, Ping An Life developed high-quality channels, expanded high-quality teams, and improved product competitiveness. Bancassurance channel NBV surged 170.9% year on year in the first nine months of 2025. In respect of the community finance channel, Ping An Life adopted a farmer-like approach of focusing on retained customers, and made consistent breakthroughs in customer development as the overall persistency ratio of retained customers improved by 0.6 pps year on year in the first nine months of 2025. Bancassurance, community finance and other channels contributed 35.1% of Ping An Life’s NBV in the first nine months of 2025.

Under a customer-centric philosophy, Ping An Life advanced “insurance + service” strategy. In respect of insurance products, Ping An Life launched and upgraded flagship wealth management, pension and protection insurance products. Moreover, Ping An Life launched “An Yi Zun Xiang,” a participating annuity product featuring dual insureds and new “e Sheng Bao” medical insurance products for high-end, mid-range and basic customer segments to meet diverse demands. In respect of services, Ping An focused on building capabilities in health care, home-based senior care and premium senior care services. Ping An Life provided over 16 million customers with health management services in the first nine months of 2025, which were widely welcomed by customers. Ping An’s home-based senior care services covered 85 cities nationwide, and nearly 240,000 customers were entitled to the home-based senior care services as of September 30, 2025. Ping An unveiled a total of six premium health and senior care communities, which are currently in operation or under construction, in five cities as of September 30, 2025. A community in Shanghai named “ZHEN CITY•Shanghai” has opened for business, and another in Shenzhen is scheduled to start a soft opening by the end of 2025.

Ping An P&C achieved solid growth with consistently improving business quality. Ping An P&C’s premium income rose 7.1% year on year to RMB256,247 million in the first nine months of 2025. Overall combined ratio improved by 0.8 pps year on year to 97.0%. Focusing on its core responsibilities and businesses, Ping An P&C strengthened innovation-driven development. Premium income of auto insurance and non-auto insurance reached RMB166,116 million and RMB90,131 million respectively, up 3.5% and 14.3% year on year respectively. Through building a full-scenario, end-to-end customer service system to deliver “worry-free, time-saving, and money-saving” experience, Ping An P&C boosted insurance revenue by 3.0% year on year to RMB253,444 million. Operating profit climbed 8.3% year on year to RMB15,143 million.

Insurance funds investment performance improved significantly. The Company adheres to the philosophies of long-term investing and liability matching for insurance funds investment. The insurance funds investment portfolio achieved an unannualized comprehensive investment yield of 5.4%, up by 1.0 pps year on year, and an unannualized net investment yield of 2.8% in the first nine months of 2025. The insurance funds investment portfolio grew 11.9% from the beginning of the year to over RMB6.41 trillion as of September 30, 2025. Ping An proactively managed interest rate fluctuations and actively allocated to interest rate bonds when rates were high, keeping a good match between costs, incomes and durations. While keeping risks under control, the Company fully seized market opportunities and increased allocation to equities to outperform markets with robust long-term investment returns. Ping An also actively increased investment in high-quality alternative assets and the real economy to diversify the sources of assets and incomes.

Ping An Bank maintained steady business performance and asset quality. Ping An Bank’s revenue and net profit totaled RMB100,668 million and RMB38,339 million respectively in the first nine months of 2025. Ping An Bank kept overall asset quality stable by consistently strengthening risk management. Non-performing loan ratio dropped by 0.01 pps from the beginning of the year to 1.05% as of September 30, 2025. Provision coverage ratio was 229.60% and deviation of loans more than 60 days overdue was 0.77 as of September 30, 2025. Core tier 1 capital adequacy ratio rose 0.40 pps from the beginning of the year to 9.52% as of September 30, 2025. Ping An Bank strengthened asset quality control and management, and enhanced non-performing asset recovery and disposal, reducing impairment losses on credit and other assets by 18.8% year on year to RMB25,989 million. Corporate loan balance rose 5.1% from the beginning of the year to RMB1,688,561 million as of September 30, 2025 as Ping An Bank stepped up support for the real economy.

Integrated finance-enabled core competitive moat and steadily improving customer development efficiency. Ping An’s retail customers increased 2.9% from the beginning of the year to nearly 250 million as of September 30, 2025. There were 26.28 million new customers in the first nine months of 2025, up 6.8% year on year. Contracts per customer increased 0.7% from the beginning of the year to 2.94. Ping An achieved high retail customer retention rates. The retention rate of customers holding four or more contracts within the Group was 97.5% as of September 30, 2025, 12.8 pps higher than that of those holding only one contract. The retention rate of customers served by Ping An for five or more years was 94.4% as of September 30, 2025, 41.0 pps higher than that of first-year customers.

2.  Advancing the Health and Senior Care Strategy, with Leading AI Capabilities Empowering High-Quality Development

Ping An’s health and senior care ecosystem enabled its core financial businesses though differentiated “Product + Service” offerings. Ping An achieved nearly RMB127 billion in health insurance premium income for the first nine months of 2025, including nearly RMB58.8 billion from medical insurance, up 2.6% year on year. Nearly 63% of Ping An’s nearly 250 million retail customers were entitled to services benefits in the health and senior care ecosystem as of September 30, 2025. They held approximately 3.38 contracts and about RMB63,400 in assets under management (“AUM”) per capita, 1.6 times and 4.0 times those held by retail customers not entitled to these service benefits respectively. Customers entitled to service benefits in the health and senior care ecosystem contributed nearly 70% of Ping An Life’s NBV in the first nine months of 2025.

Ping An made significant progress in both retail and corporate customer development by effectively integrating insurance with health and senior care services. Ping An’s health and senior care ecosystem had over 87,000 paying corporate clients as of September 30, 2025. Over 16 million of Ping An Life’s customers used health management services in the first nine months of 2025. In respect of proprietary flagships, PKU Healthcare Group’s revenue grew steadily to nearly RMB4.1 billion in the first nine months of 2025, driven by its robust operations. Peking University International Hospital consistently strengthened discipline development, streamlined operations management, and comprehensively improved patient services. The hospital’s revenue amounted to RMB1.94 billion and outpatient visits exceeded 970,000 in the first nine months of 2025. In respect of partner networks, Ping An provides an “online, in-store, in-home and in-company” service network by integrating domestic and overseas premium resources. Ping An had about 50,000 in-house and contracted external doctors in China as of September 30, 2025. Ping An partnered with over 37,000 hospitals (including all top 100 hospitals and 3A hospitals), over 107,000 health management institutions and nearly 241,000 pharmacies (over 35% of all pharmacies) in China as of September 30, 2025. Overseas, Ping An partnered with over 1,300 medical institutions in 35 countries across the world as of September 30, 2025.

Ping An built leading AI capabilities to accelerate the development of its ecosystems. Ping An has constructed an artificial intelligence moat based on massive data and tech companies pursuing technology development and application. The Group ranks among the top in the world by its massive data which serves as the core foundation for AI-driven value creation. Ping An uses its massive data to train large AI models. The Group’s databases have accumulated 30 trillion bytes of data covering nearly 250 million retail customers. Ping An has accumulated over 3.2 trillion high-quality tokens, approximately 310,000 hours of labeled speeches, and over 7.5 billion images. Ping An enables financial businesses to improve experience, manage risks, cut costs and promote sales by consistently deepening and expanding scenario-oriented AI applications.

In improving experience, by leveraging breakthrough AI technologies including multimodal perception and intelligent reasoning, 89% of Ping An P&C’s policies sold via the auto dealer channel can be intelligently issued within one minute on average. Ping An P&C applied the technology to end-to-end automatic non-auto insurance claim settlement. With the technology, 63% of personal injury claims were settled automatically within as little as 51 seconds. Leveraging cutting-edge technologies including AI-powered robotics, smart recognition cameras, and AI-powered claim review, Ping An has created a new brand image of life insurance claim service with “111 Quick Claims” featuring one-sentence case reporting, one-click material uploading, and one minute claim review. In the first nine months of 2025, 58% of claims were settled via the quick claim service. In managing risks, AI enables Ping An’s insurance business lines to enhance risk management capabilities. Ping An P&C’s claims savings via smart fraud detection totaled RMB9.15 billion in the first nine months of 2025. In cutting costs, the volume of services provided by Ping An’s AI service representatives reached over 1,292 million times, accounting for 80% of Ping An’s total customer service volume in the first nine months of 2025. Ping An actively promoted the application of AI coding tools, achieving an AI coding rate of 10% and enabling higher efficiency of R&D staff. In promoting sales, AI agents assisted sales of RMB99,074 million in the first nine months of 2025 by enabling demand analysis, personalized recommendation, sales pitches, and so on. Ping An built a smart “AI + human” reinstatement task assignment system. As a result, Ping An reinstated 23% more policies, effectively renewing coverage for customers.

Ping An actively fulfilled its social responsibilities, supporting green development and rural vitalization. Ping An’s green insurance premium income amounted to RMB55,279 million and funds provided for rural industrial vitalization via “Ping An Rural Communities Support” totaled RMB47,390 million in the first nine months of 2025.

Prospects of Future Development

Looking ahead, China’s “14th Five-Year Plan” is nearing its conclusion, and a new journey under the “15th Five-Year Plan” is about to begin. China’s economy is on solid foundations, demonstrating advantages in many areas, strong resilience, and great potential. The conditions and underlying trends supporting long-term growth remain unchanged. Ping An will continue to implement its business policy of “focusing on core businesses, boosting revenue and cutting costs, advancing reform and innovation, and preventing risks”. The Company will consistently advance its technology-enabled “integrated finance + health and senior care” dual-pronged strategy, promote comprehensive digital transformation and the value proposition of “worry-free, time-saving, and money-saving” services, and steadily improve operations and management to drive robust business growth. In doing so, Ping An aims to create long-term, stable, and sustainable value for its clients, employees, shareholders, and society.

 

LISTEN HERE FOR CITY SOUNDS – NICCOLO CHANGSHA CELEBRATES ITS 7TH ANNIVERSARY

CHANGSHA, China, Oct. 28, 2025 /PRNewswire/ — This autumn, Niccolo Changsha proudly celebrates its 7th anniversary with a series of exclusive limited-time offerings and special privileges. In collaboration with renowned city sound curator Da Wu (大悟), the hotel successfully hosted an episode of ‘Niccolo Lectures’ event and a multimedia submission campaign, inviting the public to share cherished auditory memories of the city.

 

Continuing its artistic spirit as a cultural landmark within the city, Niccolo Changsha once again hosted its signature event­ — Niccolo Lectures — this time featuring Da Wu as guest speaker. Held on 19 October at The Conservatory on the hotel’s 8th floor, the event brought together hotel guests, social media followers, and local influencers to explore the theme ‘Changsha City Sound Walk’. Mr. Da Wu began by sharing a variety of sounds captured throughout Changsha: the resonant bells atop Yuelu Mountain (岳麓山), crashing waves at Orange Isle (橘子洲), the sizzle of stinky tofu being fried, hawkers’ calls and murmured conversations in alleyways, catchy local dialect rhymes, and even the distinctive traffic signals at Jiefang West Road’s (解放西路) bustling intersection. These familiar soundscapes, collected over more than a decade of Mr. Da Wu’s fieldwork, stirred deep emotional responses among attendees. Guests then engaged in heartfelt discussions around topics such as ‘What sounds define Changsha‘, ‘The disappearing voices of the city’, and ‘The gap between evolving urban sounds and feelings’. These exchanges, along with Mr. Da Wu’s insights, inspired thoughtful reflection and brought the event to a memorable close.


Building on this artistic dialogue from ‘Niccolo Lecture’, Niccolo Changsha has launched an online image submission contest themed ‘Listen Here for City’. Participants are invited to share treasured moments captured in Changsha that reflect themes such as ‘past and present’, ‘fast and slow’, or ‘city and nature’. The submission period is from now until 3 November 2025. Entries can be submitted via Niccolo Changsha’s official WeChat account, RedNote or email. Prizes include Niccolo Changsha guest room complimentary experience and Niccolo Kitchen signature steak menu for two. Winning submissions will be creatively integrated into Mr. Da Wu’s audio works to produce a series of immersive audiovisual features – capturing and preserving the soul and essence of life in Changsha.


Niccolo Lectures is an exclusive event series that embodies Niccolo’s brand spirit of exploration and its motto of “New Encounters and Timeless Pleasures.” Dedicated to creating compelling experiences, Niccolo Hotels presents these events as a platform for contemporary and future entrepreneurs, fashion leaders, and business innovators to share their insights and remarkable life stories.

For more information, please visit the hotel, follow the hotel WeChat Official “Niccolo Changsha” (长沙尼依格罗酒店 in Chinese) or call +86 731 8895 8888.

About Niccolo Changsha

New Encounters. Timeless Pleasures.

Niccolo Changsha is located in Hunan capital’s premier address in Furong District entertainment and business hub. Opened in October 2018, the hotel offers 241 contemporary urban chic rooms and spectacular suites between the 86th and 92nd floors of Changsha IFS Tower One. Situated in the most vibrant part of the city, the hotel’s facilities include contemporary function and meeting spaces offering scenic views of the city and Xiang River, elaborate conference and social event venues including The Conservatory, the luxurious Niccolo Ballroom, a sophisticated Tea Lounge, Bar 93, Niccolo Kitchen, The Spa at Niccolo and the Fitness Centre. Reservations may be made at niccolohotels.com.

About Niccolo Hotels

Niccolo Hotels is a collection of five contemporary chic hotels inspired by luxury fashion. Underpinning the brand is the desire to make life effortlessly luxurious for guests with engaging experiences, art and design, and sophisticated spaces. The brand’s first property opened in Chengdu in 2015 and it is now present in Hong Kong SAR, Changsha, Chongqing and Suzhou. Niccolo Hotels is part of Wharf Hotels portfolio and a member of Global Hotel Alliance, the world’s largest alliance of independent hotel brands. For more information, please visit niccolohotels.com, Instagram or LinkedIn.

About GHA and GHA DISCOVERY

Global Hotel Alliance (GHA) is the world’s largest alliance of independent hotel brands with 45 brands and 850 properties in 100 countries. Its award-winning loyalty programme—GHA DISCOVERY—provides 32 million members recognition, D$ rewards and exclusive experiences across its hotels and partners, both with and without a stay. GHA DISCOVERY generated US$2.7 billion in revenue and 11 million room nights in 2024. Through GHA membership, brands significantly expand their global reach, generating incremental revenue and reducing dependence on third-party channels, all while maintaining management independence and individual positioning.

For more information, visit globalhotelalliance.com or www.ghadiscovery.com.

China Yuchai Announces Board Change

SINGAPORE, Oct. 28, 2025 /PRNewswire/ — China Yuchai International Limited (NYSE: CYD) (“China Yuchai” or the “Company”) announced today that Mr. Wu Qiwei has resigned as a Director of the Company with effect from October 27, 2025. Mr. Wu has also resigned as a Director of the Company’s main operating subsidiary, Guangxi Yuchai Machinery Company Limited.  

With Mr. Wu’s resignation, China Yuchai’s Board of Directors now comprises eight (8) directors, three (3) of whom are independent directors.

About China Yuchai International

China Yuchai International Limited, through its subsidiary Guangxi Yuchai Machinery Company Limited (“Yuchai”), is one of the leading powertrain solution providers in China. Yuchai specializes in the design, manufacture, assembly, and sale of a wide variety of light-, medium- and heavy-duty engines for trucks, buses, pickups, construction and agricultural equipment, and marine and power generation applications. Yuchai offers a comprehensive portfolio of powertrain solutions, including but not limited to diesel, natural gas, and new energy products such as pure electric, range extenders, and hybrid and fuel cell systems.  Through its extensive network of regional sales offices and authorized customer service centers, Yuchai distributes its engines directly to auto OEMs and distributors while providing after-sales services across China and globally.  Founded in 1951, Yuchai has established a reputable brand name, built a strong research and development team, and achieved a significant market share in China. Known for its high-quality products and reliable after-sales support, Yuchai has also expanded its footprint into overseas markets.  In 2024, Yuchai sold 356,586 engines, further solidifying its position as a leading manufacturer and distributor of engines in China.  For more information, please visit http://www.cyilimited.com.

Safe Harbor Statement:

This news release may contain forward-looking statements within the meaning of the Private Securities Litigation Reform Act of 1995. The words “believe”, “expect”, “anticipate”, “project”, “targets”, “optimistic”, “confident that”, “continue to”, “predict”, “intend”, “aim”, “will” or similar expressions are intended to identify forward-looking statements. All statements other than statements of historical fact are statements that may be deemed forward-looking statements. These forward-looking statements, including, but not limited to, statements concerning China Yuchai’s and the joint ventures’ operations, financial performance and condition, are based on current expectations, beliefs and assumptions which are subject to change at any time. China Yuchai cautions that these statements by their nature involve risks and uncertainties, and actual results may differ materially depending on a variety of important factors such as government and stock exchange regulations, competition, political, economic and social conditions around the world and in China, including those discussed in China Yuchai’s Form 20-Fs under the headings “Risk Factors”, “Results of Operations” and “Business Overview” and other reports filed with the Securities and Exchange Commission from time to time. All forward-looking statements are applicable only as of the date they are made and China Yuchai specifically disclaims any obligation to maintain or update the forward-looking information, whether of the nature contained in this release or otherwise, in the future.

For more information:

Investor Relations
Kevin Theiss
Tel: +1-212-510-8922
Email: cyd@bluefocus.com