HEFEI, China, Nov. 27, 2025 /PRNewswire/ — As residential energy storage systems become increasingly prevalent, safety has emerged as a top priority for homeowners. Any incident in a residential setting can lead to serious consequences, and recent reports of accidents have further heightened public concern. In response, Sungrow has taken proactive steps to strengthen industry confidence and advance safety standards. After successfully completing two real-unit combustion verifications in utility-scale storage, Sungrow has now extended its rigorous approach to the residential sector. The SBH Series: Residential ESS has achieved a significant milestone by passing the world’s first UL 9540B large-scale fire test, conducted by UL Solutions. This achievement highlights Sungrow’s industry-leading expertise in thermal runaway management and fire spread control, setting a new global standard for residential ESS safety.

UL 9540B, specifically designed for residential energy storage systems range from 20kWh and below, is widely regarded as the industry’s most stringent safety standard. The test subject systems are subjected to forced thermal runaway while fully charged, simulating extreme fire scenarios, including flammable gas buildup, venting, and external ignition. Its purpose is to evaluate the system’s ability to prevent fire spread, explosions, and other secondary risks. This rigorous standard demands exceptional performance in areas such as system insulation, gas management, thermal runaway suppression, and overall engineering design.

Against these stringent requirements, Sungrow’s SBH Residential ESS successfully withstood a demanding 24-hour trial. Confronted with multiple challenges—including closely spaced battery units, deactivated active fire suppression, continuous ignition triggers, and no external intervention—the system demonstrated exceptional inherent safety controls, passing all evaluation criteria.

• Containing Fire Spread: Locking-In the Risk

The SBH Residential ESS demonstrated unparalleled fire containment during the UL 9540B fire safety test, thanks to a range of advanced safety features, including cell-level fire-resistant insulation, bottom heat dissipation, and multi-directional pressure relief. During the test, when one unit ignited due to thermal runaway, the flames were confined to the pressure relief area. Adjacent units recorded internal surface temperatures of just 21°C—well below the 154°C venting threshold—while eave temperatures peaked at 35°C, far under the 150°C limit.

• Self-Extinguishing in 1 Hour: Stopping Fire at Source

By leveraging structural designs that facilitate rapid heat dissipation and thermal isolation between modules, the SBH Residential ESS successfully confined thermal runaway to the bottom module. Without any fire suppression intervention, the open flames self-extinguished within one hour. Further ignition attempts over the next 24 hours resulted in no re-ignition, demonstrating the system’s exceptional safety performance.

• Explosion & Projectile Prevention: Maximum Safety Assurance

With the active fire suppression system disabled throughout testing, the SBH Residential ESS experienced no combustion events, explosions, or projectile hazards. The cabinet remained fully intact, showcasing outstanding fire resistance, explosion prevention, and structural stability.

Building on its previous success in the UL 9540A Thermal Runaway Fire Propagation Test, the SBH Residential ESS has now passed the rigorous UL 9540B large-scale fire test. This accomplishment further validates the system’s comprehensive safety capabilities, covering everything from cell-level thermal runaway suppression to full system-wide fire control. As a result, homeowners can have confidence in the SBH Residential ESS’s superior safety performance in real-world fire scenarios.

As a global leader in energy storage, Sungrow is committed to upholding the highest safety standards in the industry. With a focus on continuous innovation, Sungrow will continue to advance safety-driven technologies to ensure homeowners can rely on worry-free energy use, backed by uncompromising protection.

About Sungrow

Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 28 years. As of June 2025, Sungrow has installed 870 GW of power electronic converters worldwide. The Company is recognized as the world’s most bankable PV inverter and energy storage company (BloombergNEF). Its innovations power clean energy projects across the globe, supported by a network of 520 service outlets guaranteeing excellent customer experience. At Sungrow, we’re committed to bridging to a sustainable future through cutting-edge technology and unparalleled service. For more information, please visit: www.sungrowpower.com.

SHANGHAI, Nov. 27, 2025 /PRNewswire/ — Concordia International School Shanghai’s Early Childhood Division has been ranked No. 2 among 2025 KingLead China International Kindergarten Ranking Top 30 list.  

Released by KingLead Research, the ranking comprehensively evaluates based on field research and five core indicators: Infrastructure, Faculty, Curriculum Contents, Sustainability, and Social Evaluation. The No. 2 placement reflects Concordia’s comprehensive strength and its leading role in early childhood education.

Central to the division’s success is its student-centered approach, with teachers acting as researchers and facilitators. Inspired by the “the 100 languages” concept of the Reggio Emilia philosophy, children express themselves in many ways, from drawing and building to music, movement, storytelling, dramatic play, and scientific exploration.  

Excellence remains a hallmark of Concordia education, but it is excellence grounded in purpose and character—not achievement alone. While engaging in academic exploration, the younger learners are also building character development through meaningful play.

“This achievement reflects the collective commitment of our Early Childhood community,” says Ms. Shannon Keane, Early Childhood Principal. “At Concordia, we honor the belief that every child is capable, curious, and ready to take ownership of their learning. Through intentional play, our students develop belonging, identity, and the intellectual tools to make sense of their world. We are deeply grateful to our teachers and families who bring this vision to life.”

Concordia nurtures a collaborative and supportive learning environment that empowers students to become creative problem-solvers and compassionate members of the global community. The school’s commitment to holistic development means it supports students not only academically, but also socially, emotionally, and spiritually.

About Concordia International School Shanghai

Founded in 1998, Concordia International School Shanghai is a co-educational day school that offers a comprehensive American-style education to students from Preschool through High School. Located in Jinqiao, an international community in Shanghai’s Pudong New Area, Concordia is dedicated to cultivating the unique gifts and passions of its students. Concordia’s approach focuses on nurturing every student through a journey of personal and academic growth, offering innovative academic programs, enriching extracurricular activities, and instilling strong character and values. The school is dedicated to helping each student achieve a bright and prosperous future of personal excellence.

TIANJIN, China, Nov. 27, 2025 /PRNewswire/ — DAHON, the world’s biggest maker of folding bicycles, jumped on its Hong Kong trading debut with the IPO of its subsidiary, DAHON Tech (Stock Code: 02543.HK), on the Main Board of the Hong Kong Stock Exchange.

With an oversubscription rate of 7,558 times, media recognized it as Hong Kong’s most oversubscribed listing ever.

This successful listing fuelled DAHON with stronger capital foundation to advance its mission in green mobility innovations. Its first major initiative called for a strategic alliance with Golden Wheel Group to establish the new company Dagold Technology in Tianjin, China.  

The new plant will offer regional cost advantages for manufacturing entry-level product lines, enabling DAHON to broaden its market reach and meet diverse consumer needs.

To maximize value for its stakeholders, DAHON announced its growth trajectory in three core directions:

1. Building a Global Elite Team
   To engage top international consulting firms to refine its global brand presence, digital marketing strategies, and comprehensive planning to exert stronger market influence.
2. Technological Upgrade and R&D Cultivation
   To solidify talent development initiatives with strengthened partnership with universities, aiming to nurture high-caliber professionals in bicycle manufacturing.
3. Expansion of the DELTECH Technological Ecosystem
   DAHON’s proprietary DELTECH technology significantly enhances the rigidity of bike frames, offering a competitive edge in speed and performance. The patented technology will serve as the foundation to uplift all product lines to the next level.
4. Collaborative Opportunities in the Industry
   Actively pursuing partnerships with distinguished companies worldwide in several key areas:
   
   • R&D Institutions for technical cooperation.
   • Distributors and Agents for exclusive product rights and co-branding opportunities.
   • High-Quality Suppliers to strengthen its supply chain and enhance service standards.
   • Recruitment of Talented Professionals
     With three PhDs already in DAHON’s R&D Team, DAHON seeks to attract outstanding research and management talent globally, committed to its global development.

Why Choose DAHON?

• Leading the Market: Ranked first in global folding bike sales in 2024 and holds the most folding bicycle patents in China.
• Proven Resilience: Strong performance even in challenging markets speaks to its robustness.
• Capital Endorsement: The successful listing in Hong Kong boasted a solid lineup of cornerstone investors and substantial cash flow.

For inquiries, please contact:

DAHON Marketing
Email: marketing@dahon.com

SINGAPORE, Nov. 27, 2025 /PRNewswire/ — FinFan , a Vietnam-based fintech company specializing in comprehensive cross-border remittance technology solutions, and Thunes, the Smart Superhighway to move money around the world, have signed a Memorandum of Understanding (MoU) for a strategic collaboration aimed at advancing the development of Vietnam’s cross-border remittance ecosystem.

FinFan and Thunes Forge Strategic Alliance to Strengthen Vietnam’s Cross-Border Remittance Ecosystem

This alliance seeks to address long-standing challenges in international remittances – from high transaction costs to processing delays – by combining FinFan’s digital finance ecosystem and regulatory compliance expertise in Vietnam with Thunes’ Direct Global Network which enables real-time cross border payments to 130 countries in 80 currencies. Together, both parties aim to deliver faster, more transparent, and more accessible digital transactions for users.

Mr. Nguyen Tuyen, CEO of FinFan, shared: “This collaboration with Thunes marks an important milestone in realizing our mission – to enhance the speed, security, and cost efficiency of cross-border monetary transactions. Thunes’ trusted global infrastructure and deep expertise in payments give us the confidence to scale our international remittance services with greater reliability and reach.”

Mr. Simon Nelson, Chief Commercial Officer of Thunes, said: “Vietnam is a vibrant and rapidly-evolving market. Our collaboration with FinFan brings new opportunities to increase financial connectivity between Vietnam, Asia and the rest of the world. By joining forces, we’re taking another step toward our vision of connecting the next billion users to a truly inclusive global payments network.”

The collaboration focuses on four key objectives:

• Simplifying international remittance processes.
• Reducing transaction costs and fees for businesses and consumers.
• Elevating Vietnam’s position within the regional digital finance landscape.
• Transforming cross-border payments in Vietnam by bringing new fintech innovation to the market.

The collaboration between FinFan and Thunes lays the foundation for a reliable, connected, and inclusive financial network, enhancing trade efficiency, optimizing cash flow, and reinforcing Vietnam’s standing in the global digital economy. Partners seeking to modernize cross-border remittance frameworks are invited to connect for discussions on implementation and collaboration opportunities.

For more information about Thunes, visit: https://www.thunes.com/
For more information about FinFan, visit: https://finfan.io/en

HO CHI MINH CITY, Vietnam, Nov. 27, 2025 /PRNewswire/ — The UEF Korea–Vietnam Global Capstone Design Competition 2025 concluded with remarkable success, uniting students from Vietnam and South Korea in a dynamic exchange of ideas, innovation, and cultural collaboration. As a key sponsor of the competition, Vantage Foundation proudly supported this cross-border initiative alongside 8 Vietnamese universities and 11 Korean universities, reaffirming its commitment to empowering future leaders in the region.

The Opening Ceremony on November 25 welcomed representatives from participating institutions, distinguished guests, and student teams. Opening remarks were delivered by:

• Mr. Kwon Heung-soon, Director, RISE Daejeon Center
• Prof. Lee Jong-won, Hanbat University
• Assoc. Prof. Dr. Nhan Cam Tri, Vice-Rector, University of Economics & Finance (UEF)

This year’s competition was co-hosted by a strong consortium of educational institutions, including top Vietnamese universities such as University of Economics Ho Chi Minh City (UEH), Ho Chi Minh City University of Technology (HUTECH), and others, as well as leading Korean universities such as Hanbat National University, Daedeok University, Daejeon University, and more. Their participation underscores the growing academic cooperation between Vietnam and Korea.

During the ceremony, Adam Siew, Vice President of Business Development at Vantage, was invited on stage to receive a Token of Appreciation from the organisers in recognition of Vantage Foundation’s continued support for educational development initiatives. The opening event concluded with the formal introduction of the 19 competing teams representing diverse academic fields and institutions across both countries.

The competition took place on November 26, where student teams presented their Capstone projects across various innovation categories. These projects were evaluated by a panel of academic leaders and industry professionals appointed by the participating universities.

The Closing Ceremony featured a keynote speech by Adam Siew, who commended the students for their creativity, resilience, and collaborative spirit. He also presented awards to two student groups: Group 1, comprising students from Pai Chai University (Korea) and Thu Dau Mot University (TDMU, Vietnam); and Group 2, comprising students from Chungnam National University (Korea) and the University of Economics Ho Chi Minh City (UEH, Vietnam). His participation underscored the Vantage Foundation’s commitment to empowering youth and fostering skill development.

Steven Xie, Executive Director of Vantage Foundation, highlighted the significance of the foundation’s ongoing support for cross-border educational programmes: “At Vantage Foundation, we believe that nurturing young talent is one of the most impactful ways to contribute to long-term social and economic progress. This competition showcases the power of collaboration, students from Vietnam and Korea coming together to transform ideas into meaningful solutions. We are proud to play a part in enabling these opportunities and strengthening the academic ties between our two countries.”

The event concluded with a Gala Dinner featuring cultural performances, networking opportunities, and a lucky draw for students and partners, further deepening the spirit of friendship between Vietnam and Korea. Through its sponsorship and active participation, Vantage Foundation continues to support programmes that inspire innovation, foster academic exchange, and empower the next generation of global leaders.

Vantage Foundation

Vantage Foundation is an independent charitable organization launched at the McLaren Technology Centre in the UK in 2023. The foundation has partnered with organisations worldwide, including Grab Indonesia, the iREDE Foundation in Nigeria, Teach for Malaysia, and Instituto Claret in Brazil, to drive impactful social initiatives.

For more information, please visit www.vantage.foundation