Partnership focuses on medium- and low-voltage power system equipment to advance China’s dual-carbon goals

SHANGHAI, Nov. 14, 2025 /PRNewswire/ — Shanghai Electric (SEHK: 2727, SSE: 601727) and Siemens AG signed a framework agreement for the “Intelligent Grid – Medium-Low Voltage New-Type Power System Equipment Procurement Project,” during the 8th China International Import Expo (CIIE). The collaboration aims to deepen innovation in medium- and low-voltage power system equipment, driving progress in digitalization and decarbonization to support China’s dual-carbon targets.

Under the agreement, both companies will leverage complementary strengths to accelerate market expansion, green transformation, and intelligent upgrades, delivering mutual benefits and creating benchmark projects for a sustainable power grid. The signing highlights Shanghai Electric’s proactive role in the global energy transition and reflects the shared strategic vision of both companies in advancing low-carbon and digital development.

“Shanghai Electric and Siemens share a long-standing partnership built on decades of trust and joint ventures,” said Zhu Zhaokai, President of Shanghai Electric Group. “This agreement marks a new milestone in our cooperation and an important step toward building intelligent, green energy systems. We look forward to deepening collaboration with Siemens to create benchmark projects for a greener power grid.”

Siemens Energy underscored China’s pivotal role in the global energy transition. The company reaffirmed its commitment to the partnership with Shanghai Electric, noting their joint focus is on developing high-end equipment and integrated solutions. This collaboration aims to deliver more “lighthouse projects” that showcase Chinese innovation in building a sustainable energy future.

For over three decades, Shanghai Electric and Siemens have maintained close technological collaboration and market cooperation, setting benchmarks in China’s power transmission and distribution sector. Recent milestones include:

• April 2025: Signing of a strategic cooperation agreement to advance power transmission and distribution, digitalization, and low-carbon initiatives.
• July 2025: Visit by Karim Amin, Siemens Energy Executive Board member, to discuss energy technology synergy, system integration, and global market development.

This new agreement will further accelerate the green transformation of the power system industry and strengthen Shanghai Electric’s leadership in transmission and distribution equipment, while opening new opportunities for international cooperation.

Looking ahead, both parties will take this signing as a starting point to deepen strategic collaboration, explore integrated applications across diverse industrial scenarios, and leverage high-end equipment partnerships to build benchmark projects for sustainable, low-carbon development. Together, Shanghai Electric and Siemens will deliver reliable, forward-looking “Shanghai Electric Solutions” to support China’s and the world’s energy transition.

PANAMA CITY, Nov. 14, 2025 /PRNewswire/ — BingX, a leading cryptocurrency exchange and Web3 AI company, today announced the launch of Listing FastTrack, a faster gateway for innovative projects to be listed on BingX, backed by enhanced support and pioneering infrastructure.

Listing FastTrack is BingX’s new portal where projects can apply for token listing on BingX in a shorter and simpler process, with a  transparent fee schedule. The applications will be submitted directly to BingX’s exclusive approval channel and will be responded to promptly. Backed by BingX’s multi-chain compatibility on more than 170 public chains, deployment and launch can be completed within hours, and will get continued support from the BingX team in the long term. With more than 20 million global users, $150 million shield fund, and 100% Proof of Reserves, BingX provides project teams with a solid community base and protection for their listings.

Vivien Lin, Chief Product Officer at BingX, remarked, “Listing FastTrack marks a significant step in our commitment to fostering innovation and providing exceptional services to the blockchain community. We are ready to collaborate with cutting-edge projects and connect them to our extensive global user base. Our robust marketing measures and advanced infrastructure ensure that BingX is a reliable platform for project growth.”

This launch demonstrates BingX’s commitment to establishing a transparent and reliable platform. By streamlining the token listing process and bringing quality projects to global users, Listing FastTrack represents a pivotal milestone in BingX’s efforts to empower the crypto community.

About BingX 

Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 20 million users. With a comprehensive suite of AI-powered products and services, including derivatives, spot trading, and copy trading, BingX caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, BingX empowers users with innovative tools designed to enhance performance and confidence. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship.

For more information, please visit: https://bingx.com/

Company Will Showcase its New AI/Enterprise Storage Solutions with AIC at Super Computing 2025

TAIPEI and MILPITAS, Calif., Nov. 14, 2025 /PRNewswire/ — Silicon Motion Technology Corporation (NasdaqGS: SIMO), a global leader in designing and marketing NAND flash controllers for solid-state storage devices, today announced its SM8388, the industry’s leading power-efficient 8-channel PCIe Gen5 enterprise SSD controller, designed for high performance, low power, lower cost, and high-capacity QLC enterprise SSDs — enabling Nearline SSDs. It sets a new benchmark by combining ultra-high performance and QLC NAND support with enterprise-grade security features and exceptional energy efficiency, addressing the growing demand for scalable, high-capacity warm data storage in AI and cloud environments.

“The SM8388 extends our proven MonTitan SSD development platform that was first introduced with our successful high-performance, 16-channel PCIe Gen5 SM8366 controller,” said Alex Chou, Senior Vice President of Enterprise Storage & Display Interface Solution Business at Silicon Motion. “Building on the same robust architecture that has been adopted by leading enterprise SSD makers, the SM8388 is purpose-built for Nearline SSDs that serve AI-driven databases and data-centric infrastructures, combining exceptional throughput with industry-leading power efficiency.”

Featuring an 8-channel architecture supporting up to 3200MT/s per channel, the SM8388 delivers up to 14.4GB/s sequential read throughput and up to 3.5 million IOPS random read performance and supports SSD capacities of up to 128TB. Fully compliant with NVMe 2.6, the SM8388 supports multiple AI data center form factors, including EDSFF (E1.S/E3.S) and U.2/U.3, enabling flexible configurations for high-density Nearline deployments. The SM8388 also incorporates enterprise-grade security features, including attestation, secure boot, key wrapping, AES-256 encryption, TCG Opel and a hardware root of trust, ensuring data integrity and protection across AI and cloud storage environments.

With a typical active power consumption under 5W, the SM8388 achieves outstanding power efficiency without compromising performance. Its unique hardware-based channel speed accelerator, based on Separate Command Address (SCA), maximizes channel-level parallelism to fully unleash the performance potential of PCIe Gen5, delivering superior read performance and responsiveness. These attributes make the SM8388 particularly effective for AI-driven nearline storage, where high read throughput is critical for managing warm data and its unparalleled power efficiency delivers lower operating cost and total cost of ownership.

The MonTitan™ enterprise SSD development platform provides a highly scalable, customizable foundation for building PCIe Gen5 and future-generation SSD solutions. It combines Silicon Motion’s advanced controller architecture, firmware stack, and reference design to accelerate time-to-market for partners developing enterprise and data center SSDs. Leveraging MonTitan’s proven ecosystem and robust validation framework, the SM8388 enables seamless adoption of next-generation NAND technologies — including QLC — while delivering optimal performance and power efficiency for AI and Nearline storage applications.

“AIC is pleased to collaborate with Silicon Motion on next-generation AI server platforms designed for high-performance, power-efficient storage,” said Michael Liang, President and CEO of AIC Inc. “By integrating SSDs powered by Silicon Motion’s MonTitan development platform into our AI server systems, we enable highly efficient, high-capacity storage that meets the evolving demands of AI data centers — from training to inference and warm data management.”

Silicon Motion will showcase its latest AI-optimized enterprise SSD controller solutions in collaboration with AIC at Super Computing 2025 (booth#305), highlighting exceptional performance and power efficiency for AI data infrastructure. The company’s comprehensive portfolio of enterprise SSD controllers includes the SM8366, SM8308, and SM8388 for data storage applications, and the SM8008 and SM8004 for boot drives.

For further details, kindly visit www.siliconmotion.com.

About Silicon Motion

Silicon Motion Technology Corporation (NasdaqGS: SIMO) is the global leader in supplying NAND flash controllers for solid-state storage devices. The company ships more SSD controllers than any other supplier worldwide for servers, PCs, and other client devices, and is also the leading merchant provider of eMMC and UFS embedded storage controllers used in smartphones, IoT products, and automotive applications.

Silicon Motion also delivers customized, high-performance solutions for hyperscale data centers, industrial systems, and automotive SSDs. Its controllers are designed to power the world’s most advanced AI, cloud, and enterprise storage platforms, combining high performance, low power, and proven reliability.

Our customers include most of the world’s NAND flash vendors, data center and enterprise storage solution providers, storage device module makers, and leading OEMs, all of whom rely on Silicon Motion’s proven controller technologies to enable innovative, high-quality storage solutions. For further information, please visit www.siliconmotion.com

About AIC

AIC is a global leader in server and storage solutions. With nearly 30 years of expertise in high-density storage servers, storage server barebones, and high-performance computers, AIC has expanded into AI storage and AI edge appliances, achieving significant market recognition for our branded products. For more information, visit www.aicipc.com or contact sales@aicipc.com.

Corporate Media Contact:

Minnie Lin
Director of Marketing Communication
E-mail: minnie.lin@siliconmotion.com

Investor Contacts:
E-mail: IR@siliconmotion.com

Sales Contact: 
E-mail: service@siliconmotion.com

SAN FRANCISCO, Nov. 14, 2025 /PRNewswire/ — YEEDI is kicking off the holiday season with a massive pre-Black Friday price drop on its game-changing M14 PLUS robot vacuum and mop – and it’s the first-ever roller mop robot vacuum under $500. Plus, it’s at its lowest price ever.

Developed in partnership with industry leader Tineco, the M14 PLUS is now available for just $479.99, down from its original price of $1,199.99 – that’s an unbeatable pre-Black Friday price that won’t last long.

YEEDI M14 PLUS: The Top Choice in Roller Mop Cleaning

When it comes to roller mop technology, the YEEDI M14 PLUS is the leader of the pack. As the first roller mop robot vacuum to be available for under $500, the M14 PLUS features the revolutionary OZMO Roller Mop system. Unlike traditional mopping robots that merely spread water, this system actively lifts and removes dirt, delivering a deeper, streak-free clean that sets a new standard.

With ZeroTangle 3.0 technology, the M14 PLUS effortlessly handles pet hair and fibers, making it the perfect solution for homes with pets or long hair.

Unmatched Features and Hassle-Free Operation

The M14 PLUS isn’t just a roller mop – it’s a powerhouse packed with advanced features like AIVI 3D smart navigation for precise, obstacle-free cleaning, and the OMNI Station, which handles refills, draining, and self-cleaning. Enjoy up to 5 months of maintenance-free operation, making this robot vacuum and mop a truly hassle-free addition to your home.

And with this exclusive pre-Black Friday price of just $479.99, you’re getting unbeatable value for cutting-edge technology, making the YEEDI M14 PLUS the #1 choice for roller mop solutions.

Award-Winning Innovation and Media Praise

The M14 PLUS has garnered significant industry recognition, including the SlashGear Innovation Award and Yanko Design Editor’s Choice for its game-changing technology and design. Media outlets are equally impressed, with T3 calling it “the best mop roller I’ve ever seen” and BGR praising it for “mopping like no other.” These accolades underscore its top-tier cleaning power and innovation.

Why the YEEDI M14 PLUS, and Why Now

On top of its next-generation technology, the M14 PLUS will fit in with any home decor thanks to a matte white body, rose gold accents, and low noise level. While its premium cleaning experience was originally valued at $1,199.99, it’s available now through the end of Black Friday for just $479.99, an impressive 60% discount. You shouldn’t hesitate to add a dependable, high-performance robotic vacuum and mop to your cleaning arsenal—and with this massive pre-Black Friday price cut, you don’t have to.

Check it out now:

YEEDI M14 PLUS: https://www.amazon.com/dp/B0F187JZBJ

YEEDI Amazon Store: https://www.amazon.com/yeedi

About YEEDI

YEEDI is a cutting-edge service robot brand that embraces the concept of “Live Smart. Enjoy Life.” With constant upgrades, pioneering technology solutions are integrated into robotics for an enhanced consumer experience. Thus, consumers can enjoy a modern lifestyle with high standards of quality.

Up to 40% off award-winning baby care innovations helping families save on must-have parenting essentials

NEW YORK, Nov. 14, 2025 /PRNewswire/ — GROWNSY, a renowned baby care brand trusted by parents across the U.S., today unveiled its exclusive 2025 Black Friday deals, offering families significant savings on its most popular baby essentials. From bottle washing and warming to baby feeding and health care, GROWNSY continues to empower modern parenting through smart, time-saving innovations—making everyday routines simpler, cleaner, and more connected.

This year’s Black Friday lineup features up to 40% off GROWNSY’s top-rated innovations—designed to help parents save time while ensuring every feeding, cleaning, and care routine is effortless.

Starting November 20, GROWNSY’s 2025 Black Friday offers include:

• 25% off GROWNSY Baby Food Maker — Create fresh, nutritious meals in minutes with built-in steam, blend, and reheat functions.
• 25% off GROWNSY EaseClean Bottle Washer Pro — The award-winning all-in-one washer that automatically cleans, sterilizes, and dries bottles and accessories.
• 40% off GROWNSY Nasal Aspirator for Baby — Gentle, effective relief for baby congestion with soft suction, calming lights, and music.
• 25% off GROWNSY Baby Bottle Warmer with Timer — A multitasking warmer for bottles, milk, and food, built for precision and safety.
• 25% off GROWNSY Baby Bottle Warmer with Auto-Lift Feature — Smart lift design for hands-free warming with real-time temperature control.

Parents can shop these Black Friday deals on GROWNSY official website or Amazon from November 20 to December 1.

“Every GROWNSY product begins with a simple idea: to give parents more time for what truly matters,” said the CEO of GROWNSY. “Our Black Friday event makes trusted baby essentials more accessible, so parents can focus on what really matters—bonding with their little ones.”

About GROWNSY
GROWNSY creates innovative baby care products designed to fit seamlessly into modern family life. From nasal aspirators, bottle warmers and sterilizers to bottle washers, every product is built with safety, functionality, and design in mind.

Learn more at www.grownsy.com.

CONTACT: Awen, awen@grownsy.com

From everyday inspiration to holiday projects, Dovaman tools make creativity more affordable than ever.

NEW YORK, Nov. 14, 2025 /PRNewswire/ — DOVAMAN, the power tool brand designed for creative families and DIYers, launches its 2025 Black Friday sale on Amazon from November 20 to December 1 with discounts up to 36%. This season, makers and gift-givers can save on intuitive, family-friendly tools that turn everyday projects into hands-on holiday memories.

The TITANCE X9 Brushless Impact Wrench sees the deepest discount of the year at 36% off, now $191.96, down from $299.97, offering powerful performance in a portable design for DIYers seeking reliable, heavy-duty results.

https://www.amazon.com/TITANCE-X9-Brushless-Heavy-Duty-Industrial/dp/B0DY1R963Z

The MCS01A Circular Saw is designed for DIYers who want precise, versatile cuts on wood, metal, PVC, and tile. Featuring six interchangeable blades, it is compact yet powerful. Originally $79.97, it is available for $63.97 during the Black Friday sale.

https://amzn.to/4otyqK1

The 20V Max Brushless Drywall Cut-Out Tool delivers clean, accurate cuts with its built-in dust guard and vacuum capturing up to 98% of debris, ideal for home projects and creative DIYers. Regularly $119.97, it is available for $91.77 during the Black Friday sale.

https://amzn.to/4njtlTJ

Also new this season is Dovaman Updated 10-Inch Dual Bevel Sliding Miter Saw, combining 9 quick angle stops, and dual-speed control to deliver smooth, accurate cuts on wood, PVC, and soft metals. Originally priced at $269.97, it’s available for $249.97 during the Black Friday sale.

https://www.amazon.com/dp/B0FYDR82VV?th=1

These tools make perfect gifts for DIY beginners, new homeowners, and families who enjoy making together. DOVAMAN’s Black Friday sale on Amazon runs through December 1, giving everyone a chance to create more, spend less, and make this holiday truly hands-on together.

https://www.amazon.com/stores/DOVAMAN/page/A82DEFBA-817C-4DC1-A19A-24855B75A6A9?lp_asin=B0F8NJ6MH4&ref_=ast_bln&store_ref=bl_ast_dp_brandLogo_sto

About DOVAMAN

DOVAMAN creates easy-to-use, high-performance tools for real homes and real DlYers. Inspired by a dad building for his daughter, we believe pro-level results shouldn’t require professional-level results. From circular and miter saws to sanders, chainsaws, and impact wrenches, every DOVAMAN tool is handy,intuitive and reliable—with clear controls, professional-level performance, and zero learning curve—all at a price that works for real families. You can start fast and finish proud Easy ls the New Pro. With DOVAMAN, every project becomes your hero moment at home.

MIAMI and DUBAI, UAE , Nov. 14, 2025 /PRNewswire/ — Securitize, the leader in tokenizing real-world assets, and Binance, the largest crypto exchange by volume and users, today announced that the BlackRock USD Institutional Digital Liquidity Fund (BUIDL), will now be accepted as off-exchange collateral for trading on Binance. This further establishes BUIDL’s role as a foundational building block of onchain finance, by enabling the exchange’s global user base of institutional and advanced traders to unlock new efficiencies in capital deployment while maintaining exposure to tokenized Treasuries.

In parallel, BUIDL is launching a new share class on the BNB Chain network, one of the world’s leading blockchain ecosystems, expanding investor access and interoperability with other onchain financial applications.

“BUIDL’s expansion to BNB Chain and its use as collateral on Binance further extends its reach and utility,” said Carlos Domingo, Co-founder and CEO of Securitize. “We’re continuing to bring regulated real-world assets onchain while unlocking new forms of utility that were previously out of reach.”

“Our institutional clients have asked for more interest-bearing stable assets they can hold as collateral while actively trading on our exchange,” said Catherine Chen, Head of VIP & Institutional at Binance. “Integrating BUIDL with our banking triparty partners and our crypto-native custody partner, Ceffu, meets their needs and enables our clients to confidently scale allocation while meeting compliance requirements.”

“BNB Chain is designed for scalable, low-cost, and secure financial applications, and we’re excited to welcome BUIDL to our ecosystem,” said Sarah Song, Head of Business Development at BNB Chain. “BUIDL is turning real-world assets into programmable financial instruments, enabling entirely new types of investment strategies on-chain.”

“This milestone highlights our continued focus on transforming tokenization from concept to practical market utility,” said Robbie Mitchnick, Global Head of Digital Assets at BlackRock. “By enabling BUIDL to operate as collateral across leading digital market infrastructure, we’re helping bring foundational elements of traditional finance into the onchain finance arena.”

Launched in March 2024, BUIDL was BlackRock’s first tokenized fund to be issued on a public blockchain, tokenized by Securitize, offering qualified investors access to U.S. dollar yields with flexible custody, daily dividend payouts, and 24/7/365 peer-to-peer transfers.

This integration builds on BUIDL’s availability across other leading networks including Arbitrum, Aptos, Avalanche, Ethereum, Optimism, Polygon and Solana.

To learn more about BUIDL on BNB Chain, please visit: www.securitize.io

To learn more about Binance Banking Triparty, please visit: https://www.binance.com/en/triparty

About Securitize
Securitize, the world’s leader in tokenizing real-world assets with $4B+ AUM (as of May 2025), is bringing the world on-chain through tokenized funds in partnership with top-tier asset managers, such as Apollo, BlackRock, Hamilton Lane, KKR, VanEck and others. Securitize, through its subsidiaries, is a SEC-registered broker dealer, digital transfer agent, fund administrator, and operator of a SEC-regulated Alternative Trading System (ATS). Securitize has also been recognized as a 2025 Forbes Top 50 Fintech company.

For more information, please visit:
Website | X/Twitter | LinkedIn

About Binance
Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 290 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means. For more information, visit: https://www.binance.com.

About BNB Chain
BNB Chain is one of the largest and most active blockchain ecosystems in the world, supported by a global community of developers and users. With high throughput, low transaction costs, and full EVM compatibility, BNB Chain powers scalable applications across finance, gaming, and the broader Web3 economy. For more information, please visit www.bnbchain.org.

Securitize Disclosures

Securities are offered through Securitize Markets, LLC, (“Securitize Markets”) a registered broker-dealer and member FINRA/SIPC. Securitize Markets, LLC, and Securitize Capital, an Exempt Reporting Adviser, are not involved in Real-World Asset (RWA) tokenization, a service provided by Securitize. Assets such as digital assets or tokens using blockchain, are speculative, involve a high degree of risk, are generally illiquid, may have no value, have limited regulatory certainty, are subject to potential market manipulation risks and may expose investors to loss of principal.

Securitize, Inc. (Securitize) is a Delaware corporation. Securitize is a technology provider which, together with its affiliates, maintains an end-to-end web-based platform used by issuers for issuing securities, specifically including digital asset securities. Securitize is not a registered broker-dealer.

Securitize, LLC is a transfer agent registered with the U.S. Securities and Exchange Commission.

Securitize Markets also operates Securitize Markets ATS, an alternative trading system. Securitize Capital, LLC is an exempt reporting adviser filed with the State of Florida.

Disclaimer

Digital asset prices are subject to high market risk and price volatility. The value of your investment can go down or up, and you may not get back the amount invested. You are solely responsible for your investment decisions, and Binance is not liable for any losses you may incur. Past performance is not a reliable predictor of future performance. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives, and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use, VIP Loan Terms of Use and Risk Warning.