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Ascletis Selects Its First Oral GLP-1R/GIPR/GCGR Triple Peptide Agonist, ASC37, for Clinical Development

–  Utilizing Ascletis’ Peptide Oral Transport ENhancement Technology (POTENT), ASC37 oral tablets achieved average absolute oral bioavailability of 4.2%, approximately 9–, 30–, and 60-fold higher than semaglutide, tirzepatide, and retatrutide in the oral SNAC formulation, respectively, in head-to-head non-human primate (NHP) studies.

–  ASC37 oral tablets’ drug exposure, as measured by the area under curve (AUC), was approximately 57-fold of retatrutide’s drug exposure in head-to-head NHP studies.

–  Average observed half-life of ASC37 oral tablets was approximately 56 hours in NHP studies, supporting once daily and less frequent oral dosing.

–  ASC37 in vitro activity was approximately 5-, 4- and 4-fold more potent than retatrutide for GLP-1R, GIPR and GCGR, respectively.

–  Submission of an Investigational New Drug Application (IND) to the U.S. Food and Drug Administration (FDA) for ASC37 oral tablets is expected in the second quarter of 2026.

–  The Company will host a conference call in Mandarin at 10:00 a.m. China Standard Time on December 1, 2025.

HONG KONG, Nov. 30, 2025 /PRNewswire/ — Ascletis Pharma Inc. (HKEX: 1672, “Ascletis”) announces that it has selected ASC37 oral tablets, its first oral GLP-1R/GIPR/GCGR[1] triple peptide agonist, as a clinical development candidate. Ascletis expects to submit an Investigational New Drug Application (IND) to the U.S. Food and Drug Administration (FDA) for ASC37 oral tablets for the treatment of obesity in the second quarter of 2026.

ASC37 oral tablets is the Company’s first incretin drug candidate developed with its proprietary Peptide Oral Transport ENhancement Technology (POTENT). 

ASC37, a GLP-1R, GIPR, and GCGR triple peptide agonist, was discovered and optimized in-house utilizing Ascletis’ Artificial Intelligence-Assisted Structure-Based Drug Discovery (AISBDD). ASC37 in vitro activity was approximately 5-, 4-, and 4-fold more potent than retatrutide for GLP-1R, GIPR and GCGR, respectively.

Utilizing Ascletis’ POTENT technology, ASC37 oral tablets achieved average absolute oral bioavailability[2] of 4.2%, which was approximately 9-, 30-, and 60-fold higher than semaglutide, tirzepatide, and retatrutide in the oral SNAC [3] formulation, respectively, in head-to-head non-human primate (NHP) studies. Furthermore, after oral administration, ASC37 oral tablets’ drug exposure, as measured by the area under curve (AUC), with the POTENT formulation was approximately 57-fold of retatrutide’s drug exposure with the oral SNAC formulation, in head-to-head NHP studies.

Average observed half-life of ASC37 oral tablets was approximately 56 hours in NHP studies, supporting once daily and less frequent oral dosing.

 “Selection of ASC37, a promising oral GLP-1R/GIPR/GCGR triple peptide agonist, for clinical development once again demonstrates our strong R&D capabilities and our commitment to address the unmet needs for the treatment of obesity,” said Jinzi Jason Wu, Ph.D., Founder, Chairman and CEO of Ascletis, “Leveraging our proprietary technology platforms, including AISBDD and POTENT, Ascletis has successfully established a highly competitive, differentiated and diverse pipeline portfolio which can potentially effectively address the various treatment needs of patients with obesity and other metabolic diseases.”

[1] GLP-1R: glucagon-like peptide 1 receptor, GIPR: gastric inhibitory polypeptide receptor, GCGR: glucagon receptor

[2] absolute oral bioavailability: the percentage of an orally administered drug that reaches the systemic circulation (bloodstream), compared to an intravenous (IV) dose of the same drug

[3] SNAC: Salcaprozate Sodium

Conference Call

Ascletis will host a conference call in Mandarin at 10:00 a.m. China Standard Time on December 1, 2025. A live webcast of the call will be available via Tencent Meeting/ VooV Meeting, with the Meeting ID: 495-266-842, or access links of:

Chinese Mainland: https://meeting.tencent.com/dm/10ve6whW8Rbl; or

International: https://voovmeeting.com/dm/10ve6whW8Rbl.

About Ascletis Pharma Inc.

Ascletis Pharma Inc. is a fully integrated biotechnology company focused on the development and commercialization of potential best-in-class and first-in-class therapeutics to treat metabolic diseases. Utilizing its proprietary Artificial Intelligence-Assisted Structure-Based Drug Discovery (AISBDD) and Ultra-Long-Acting Platform (ULAP) technologies as well as Peptide Oral Transport ENhancement Technology (POTENT), Ascletis has developed multiple drug candidates in-house, including both small molecules and peptides, such as its lead program, ASC30, a small molecule GLP-1R agonist designed to be administered once daily orally and once monthly to once quarterly subcutaneously as a treatment therapy and a maintenance therapy for chronic weight management; ASC36, a once-monthly subcutaneously administered amylin receptor peptide agonist, ASC35, a once-monthly subcutaneously administered GLP-1R/GIPR dual peptide agonist and ASC37, an oral GLP-1R/GIPR/GCGR triple peptide agonist for chronic weight management. Ascletis is listed on the Hong Kong Stock Exchange (1672.HK).

For more information, please visit www.ascletis.com.

Contact:

Peter Vozzo
ICR Healthcare
443-231-0505 (U.S.)
Peter.vozzo@icrhealthcare.com 

Ascletis Pharma Inc. PR and IR teams
+86-181-0650-9129 (China)
pr@ascletis.com
ir@ascletis.com 

Xinhua Silk Road: Discover China with foreign friends

BEIJING, Nov. 30, 2025 /PRNewswire/ — Do you want to visit China? How to travel as convenient as a local resident? You can learn from this guide! There are three foreign residents from different countries to show you the mobile payments, transportation and local cuisine. Come and get the shortcut!

 

Original link: https://en.imsilkroad.com/p/348542.html

Thailand, Indonesia Begin Clean-up After Massive Floods Kill Hundreds

Thailand, Indonesia Begin Clean-up After Massive Floods Kill Hundreds
Tens of thousands of people in Thailand and neighbouring Malaysia were displaced by widespread flooding, with streets submerged, homes inundated and at least 34 dead, officials said November 26. Photo by HANDOUT / 4TH ARMY REGION OF THE ROYAL THAI ARMY / AFP

By Alfath Asmunda/AFP – The death toll from devastating floods and landslides in Southeast Asia climbed past 400 on Saturday as clean-up and search-and-rescue operations got underway in Indonesia, Thailand, and Malaysia.

Qiming Venture Partners Donates HK$3 Million to Tai Po Wang Fuk Court Aid Fund for Post-Fire Recovery

SHANGHAI, Nov. 30, 2025 /PRNewswire/ — On the afternoon of November 26, a major Grade 5 fire spread across multiple residential buildings in Wang Fuk Court in Tai Po, Hong Kong, causing severe casualties and drawing widespread public concern. In response, on November 28, Qiming Venture Partners made a donation of HK$3 million to the Tai Po Wang Fuk Court Aid Fund established by the Hong Kong SAR Government, to support affected residents and contribute to post-disaster reconstruction.

The Hong Kong SAR Government established the Tai Po Wang Fuk Court Aid Fund on November 27, with an initial allocation of HK$300 million, to coordinate social resources and fully carry out rescue and recovery support. The fund is also open to donations from the public, aiming to unite support from all walks of life to facilitate efficient aid distribution. Qiming Venture Partners responded promptly with this donation, to assist those affected while fulfilling its corporate social responsibility.

Qiming Venture Partners expresses our condolences to the families impacted by the major fire, and our deepest respect to the firefighters and rescue personnel at the frontline. We are grateful for their exceptional professionalism and selfless dedication which were evident throughout the crisis. Qiming hopes that its contribution will help alleviate the challenges faced by affected residents and support their swift return to normal life. Qiming also calls on more social forces to join in the relief efforts and contribute to the rebuilding of the affected communities.

About Qiming Venture Partners

Qiming Venture Partners was founded in 2006. Currently, Qiming Venture Partners manages eleven US Dollar funds and seven RMB funds with $9.5 billion in capital raised. Since our establishment, we have invested in outstanding companies in the Technology and Healthcare industries at the early and growth stages.

Since our debut, we have backed over 580 fast-growing and innovative companies. Over 210 of our portfolio companies have achieved exits through IPOs at the NYSE, NASDAQ, HKEX, Shanghai Stock Exchange, or Shenzhen Stock Exchange, or through M&A or other means. There are also over 80 portfolio companies that have achieved unicorn or super unicorn status.

Many of our portfolio companies are today’s most influential firms in their respective sectors, including Xiaomi, Meituan, Bilibili, Zhihu, Roborock, HESAI, UBTech, WeRide, HyperStrong, Insta360, Unisound, Gan & Lee Pharmaceuticals, Tigermed, Zai Lab, CanSino Biologics, Schrödinger, APT Medical, Sanyou Medical, AmoyDx, SinocellTech, AusperBio, Yuanxin Technology, Insilico Medicine, Medilink Therapeutics, LaNova Medicines, zai, StepFun, among many others.

VEVOR Powers Black Friday Growth and Lights Up Times Square with Immersive Pop-Up

NEW YORK, Nov. 30, 2025 /PRNewswire/ — Global home improvement brand VEVOR closed out Black Friday with strong commercial momentum and a high-profile brand activation in New York’s Times Square, reinforcing its commitment to supporting creators in the home improvement and maker economy worldwide. Through a large-scale public installation and sustainability-driven pop-up experience, the brand brought its “Upgrade Every Space” philosophy to life in one of the world’s most iconic urban spaces.

VEVOR Pop-Up:"The Great Upgrade"
VEVOR Pop-Up:”The Great Upgrade”

Strong Business Growth Fueling the Creator Economy

This year’s Black Friday marked another milestone for VEVOR, with strong year-on-year growth, reflecting increased demand from Home Creators engaging in DIY, home maintenance, and maker-style projects.

Among standout products, the VEVOR Mechanics Stool proved a favorite for hands-on projects, offering a sturdy and comfortable seat for automotive repairs, furniture assembly, and other practical tasks; the VEVOR Impact Socket Set became one of the most sought-after solutions for DIY and automotive work, delivering high strength and versatility; and the VEVOR Mechanics Tool Set and Socket Set served as a go-to kit for a wide range of home and workshop projects, trusted for its comprehensive coverage and reliable performance.

With professional-grade quality, reliable performance, and accessible pricing, VEVOR continues to strengthen its position as a trusted home improvement solutions partner, supporting creators across diverse projects and everyday hands-on scenarios.

VEVOR Pop-Up:"The Great Upgrade"
VEVOR Pop-Up:”The Great Upgrade”

VEVOR Brings Creativity, Sustainability, and Community to Times Square

VEVOR successfully staged “The Great Upgrade” in New York’s Times Square, an innovative pop-up experience that brought its philosophy, “Upgrade Every Space,” to life through hands-on participation. The event revolved around three core initiatives — trade-up of old items, eco-friendly art, and the Home Creator Fund — creating a meaningful platform for creativity, sustainability, and community engagement. Over thousands Home Creators brought their idle tools and household items, exchanging them for exclusive $9.9 new product trade-up vouchers. The activation showcased how thoughtful innovation and sustainable practices can transform everyday spaces while fostering a vibrant, connected community.

As part of the activation, VEVOR collaborated with Brooklyn-based public artist Tom Fruin to create HOUSE, a large-scale sculpture made from reclaimed materials. Attendees joined Fruin in assembling and shaping the installation, experiencing firsthand the excitement of hands-on creativity and collaborative art-making. The interactive project reflected VEVOR’s vision of empowering Home Creators to transform everyday spaces through imagination, sustainability, and shared experiences.

VEVOR Pop-Up:"The Great Upgrade"
VEVOR Pop-Up:”The Great Upgrade”

“I love transforming ordinary, discarded materials into something that captures light and imagination. Collaborating with VEVOR allowed us to show how creativity and sustainability can meet in everyday spaces,” said Tom Fruin.

“Being able to trade items I no longer use and see them transformed into art was incredible. It made me feel part of a truly creative and sustainable community,” said Jessica Lee, a Brooklyn resident and DIY enthusiast who participated in the event.

During the activation, VEVOR also announced the launch of the VEVOR Home Creator Fund, a long-term initiative supporting community organizations, sustainability projects, and home improvement programs. The fund extends the impact beyond a single event while reinforcing the company’s commitment to fostering lasting, community-driven change.

Building a Creator-Centered Brand with Purpose

With a global user base exceeding 20 million, VEVOR remains focused on enabling people to improve their living and working environments. From professional tradespeople and DIY enthusiasts to micro-entrepreneurs and makers, VEVOR is building a creator-driven ecosystem rooted in empowerment and accessibility.

By investing in durable products, localized service networks, and meaningful social impact initiatives, VEVOR continues to balance rapid growth with long-term responsibility. Looking ahead, the company will further support creators worldwide — making creativity a catalyst for stronger communities and more vibrant cities.

 

Democratizing Solar Power: Skyworth PV Launches Home Solar 2.0 in Vietnam

HO CHI MINH CITY, Vietnam, Nov. 29, 2025 /PRNewswire/ — A seminar on renewable energy and energy storage applications was held on November 28 in Ho Chi Minh City, Vietnam. The event fostered substantive discussions on next-generation solar systems, the strategic value of battery energy storage systems (BESS) in the energy transition, evolving two-part tariff structures, and targeted, forward-looking investment solutions. More than 100 attendees from industry associations, leading companies, and ecosystem partners joined the session to shape the future of clean energy in Vietnam. 

Seizing Opportunities, Ushering in a New Era for Residential Solar

In a keynote address, Ms. Shen Lu, national general distributor for Shenzhen Skyworth Photovoltaic Technology Co., Ltd. (“Skyworth PV”) in Vietnam, delivered a comprehensive analysis of the current landscape and future trajectory of Vietnam’s residential solar market. She emphasized Vietnam’s exceptional solar energy resources, noting an average annual sunlight exceeding 2,000 hours, which provides a natural foundation for solar power generation. At present, however, PV applications are mostly seen in large ground-mounted power stations and commercial or industrial rooftop systems, with relatively limited adoption among ordinary households.

Simplifying Complexity, Redefining Home Solar

To address these market gaps, Skyworth PV announced the official launch of its SUN Mate Home Solar 2.0 solution, the result of extensive market research and technological innovation. The core proposition of this new offering is “making clean energy accessible,” effectively transforming complex solar power generation into a product as straightforward and user-friendly as a standard household appliance. 

A defining feature of the SUN Mate series is its “plug-and-play” design. Unlike conventional solar installations that require professional design, complex construction, and structural modifications, SUN Mate truly achieves a “three no” principle: no design, no construction, and no modification needed. Homeowners are freed from concerns about complex installation requirements; whether for urban apartment balconies or rural home courtyards, a suitable and simple installation solution is readily available.

In everyday use, SUN Mate delivers equally impressive performance. The system produces power during daylight hours for direct household consumption, significantly cutting grid electricity usage and cost. Through Skyworth’s proprietary smart cloud platform and mobile app, users can monitor real-time generation data and equipment status, and connect with professional customer service when needed. This intelligent management experience—making solar energy “visible, manageable, and affordable”—enables households to adopt solar power effortlessly. 

Versatile Designs for Vietnamese Homes

To enable broader clean energy adoption across Vietnamese households, Skyworth PV has engineered three distinct SUN Mate product configurations, each meticulously optimized for specific settings.

The Balcony Model fits modern urban living. Its compact structure and minimalist design enable seamless integration with various architectural styles. The unique bracket-based setup requires no special tools and preserves building structures, making installation possible even for apartment dwellers. Designed to withstand Vietnam’s rainy and windy seasons, the model offers enhanced stability to maintain safety and reliability in adverse weather conditions.

The Awning Model strategically combines power generation with practical shade provision, making it particularly suitable for storefronts or the exteriors of owner-built houses. It not only supplies electricity and cuts energy costs, but also creates comfortable shaded spaces, delivering multiple functional benefits. Its stylish design also enhances a building’s visual appeal.

The Ground Model has drawn widespread attention for its superior adaptability. It supports angle adjustments between 25 and 40 degrees, allowing users to easily position it for optimal power generation based on seasonal variations and sun angles. Suitable for family yards, terraces, or campsites, the unit can also be folded and relocated with ease—bringing portable clean energy wherever needed. 

As awareness of clean energy grows and technology continues advancing, residential solar power is transitioning from a premium alternative to an essential household solution. Through its innovative products and user-centered design, Skyworth PV is opening the door to the clean energy era for Vietnamese households. On this path toward sustainability, Skyworth PV remains committed to partnering with families across Vietnam to collectively build a cleaner, more promising future.

2025 Beijing International Audiovisual Conference Opens

BEIJING, Nov. 29, 2025 /PRNewswire/ — Organized by the Beijing Municipal Radio and Television Bureau and the Administrative Committee of Beijing Economic-Technological Development Area, the 2025 Beijing International Audiovisual Conference was held from November 27 to 28. The conference’s annual theme was “GATHER MOMENTUM FOR SYMBIOSIS, PIONEER THE FUTURE OF VISION”. Guest representatives from more than twenty countries and regions engaged in discussions on high-quality industry development and international communication cooperation.


The conference featured one opening ceremony and main forum, ten themed forums, and other supporting activities. The opening ceremony and main forum included sessions for achievement announcements and guest speeches.

The opening ceremony announced the Action Plan for Promoting High-Quality Development of the “AI + Audiovisual” Industry in Beijing (2025–2029), which demonstrates Beijing’s efforts to promote the AI adoption in the audiovisual industry through strengthened technology R&D, scenario-based applications, and ecosystem development.

The “2025 Funding Projects of the Beijing Radio and Television Online Audiovisual Development Fund” were released, covering seven categories including TV dramas, documentaries, and animated works, with a total of 161 outstanding projects funded.

The Beijing Economic-Technological Development Area presented its initiative to develop a new hub for innovation and growth in the high-tech audiovisual industry, highlighting its achievements in building a full industry-chain ecosystem for the audiovisual sector.

Bank of Beijing released the “Bank of Beijing Financial Service Plan for New Quality Audiovisual Productivity”, offering full-cycle financial support for industry development.

The Beijing Big Audiovisual “Jing Langya” Master Studio was launched, showcasing Beijing’s progress in building a multi-tier audiovisual talent matrix.

During the guest speech session, Xiong Chengyu shared production and dissemination techniques for online audiovisual products in the AI era; Luc Bénaz discussed prospects for cooperation between the audiovisual industries of China and Africa; Fang Han explained how AI technologies are reshaping the content ecosystem; Li Jiang outlined the trend toward premiumization and global expansion of the micro-drama market; and Yilikhamjiang Ibragimov presented results in China–Kazakhstan dubbing and co-productions, such as Waiting for You in Ili.

The conference also launched a series of featured supporting events, including “AI Animation Creators: How Universities Are Shaping the Future of Chinese Animation”, “Hearing the Future: Ultra-HD Podcast Theme Day Activity”, “AI Audiovisual Creation Carnival”, “‘Audiovisual +’ Immersive Experience Day”.

JA Solar Releases Industry’s First Desert-Gobi-Wasteland PV Solution White Paper

BEIJING, Nov. 29, 2025 /PRNewswire/ — JA Solar, a trusted global partner in green energy, has released the industry’s first Desert-Gobi-Wasteland PV Solution White Paper during its sideline event at the 21st China SoG Silicon and PV Power Conference (CSPV). Developed in collaboration with TÜV NORD, the white paper represents a milestone achievement that combines JA Solar’s extensive desert project experience and deep understanding of customer needs with TÜV NORD’s internationally recognized expertise in testing and certification.

JA Solar Releases Industry's First Desert-Gobi-Wasteland PV Solution White Paper
JA Solar Releases Industry’s First Desert-Gobi-Wasteland PV Solution White Paper

By examining the extreme conditions of desert, Gobi, and wasteland environments—such as high UV exposure, sandstorms, and sharp temperature swings—the white paper establishes a reliability testing framework that surpasses conventional standards. It provides clear guidance for site selection, system design, and equipment choice, driving the industry from experience-based practices toward standardized, systematic approaches. This foundation strengthens the delivery of reliable desert PV solutions and supports the global adoption of emerging technologies and future standards.

At the core of the white paper is JA Solar’s DesertBlue module, engineered for desert and semi‑arid regions. With up to 650 W output and 24% efficiency, DesertBlue integrates a nano‑scale anti‑dust coating that cuts transmittance degradation by over 32%, extending service life by three to five years. Its reinforced steel frame endures 6000 Pa front and 4000 Pa rear loads, while optimized thermal design delivers up to 0.6% higher output in high‑temperature conditions. Field data further show DesertBlue running nearly 5°C cooler in dusty environments, underscoring its reliability in extreme climates.

Outdoor empirical tests confirm DesertBlue’s superior performance. At JA Solar’s Shanghai Fengxian Base, the module achieved a 7.09% gain in energy yield, while trials in the Ulan Buh Desert demonstrated a 4.98% increase compared with conventional modules. Combined with reduced cleaning needs and lower robotic O&M costs, the solution delivers significant lifecycle savings and contributes to lower LCOE for utility-scale projects.

In addition to field validation, the reliability framework—independently validated by TÜV NORD—covers UV aging, thermal cycling, sand abrasion, hotspot endurance, and high‑temperature mechanical loading. These results demonstrate DesertBlue’s durability under conditions that exceed IEC requirements, reinforcing its long‑term performance in extreme desert climates.

“The release of this white paper reflects JA Solar’s commitment to scenario-based innovation and high-performance PV solutions,” said Aiqing Yang, Executive President of JA Solar. “Our goal is to empower global partners with solutions that maximize energy yield, lower lifecycle costs, and ensure long-term reliability in the world’s toughest climates.”

Download the full Desert-Gobi-Wasteland PV Solution White Paper here.