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Chery’s First Transformable 7-Seater SUV Debuts in Indonesia, Offering a New Family Mobility Solution

JAKARTA, Indonesia, Nov. 25, 2025 /PRNewswire/ — At 1:00 PM local time on November 24, 2025, Chery proudly launched the world’s first transformable multi-purpose SUV, “Chery X,” at the GAIKINDO Jakarta Auto Week (GJAW). The event was graced by the presence of Mr. Zhou Dinghua, Executive Deputy General Manager of Chery International, alongside representatives from 100 leading Indonesian media outlets, including Kompas and Detik. Together, they witnessed a launch event defined by innovation and groundbreaking vision.

Chery’s First Transformable 7-Seater SUV Debuts in Indonesia, Offering a New Family Mobility Solution
Chery’s First Transformable 7-Seater SUV Debuts in Indonesia, Offering a New Family Mobility Solution

The transformable multi-purpose SUV made a stunning appearance at the center of a highly immersive venue. Its bold exterior design—featuring the “tiger roar” front grille, “tiger eye” taillights, and three parallel “claw mark” character lines—exuded a powerful presence, while its highly adaptable interior layout instantly ignited excitement across the audience. This innovative launch not only clearly conveyed the product’s core concept of “breaking scene boundaries,” but also allowed users to deeply experience the brand’s forward-thinking vision for the future of mobility.

Designed to address the core challenge of “one person, multiple roles—one vehicle, multiple uses,” it leverages its transformative capability to seamlessly cover 99% of family scenarios. With a length of 4,900 mm and a wheelbase of 2,800 mm, the vehicle provides a generous interior space. Its flexible layout—featuring a foldable second row and quick‑release third row—enables seamless transitions between multiple configurations: a 7‑seater for daily commuting, a luxurious 4‑seater, a camper van, and an open‑top SUV. This versatility effortlessly accommodates diverse needs. Built to navigate Indonesia’s mountainous terrain and abundant waterways, the new model features a fully waterproofed powertrain—including the engine, transmission, electric motors, and battery system. With a wading depth of 700 mm and 220 mm ground clearance, it confidently navigates muddy paths and shallow streams, ensuring reliable performance across varied landscapes.

The launch of the new model fills a critical gap in Chery’s multi-form SUV segment in Indonesia, complementing the existing product portfolio to establish a comprehensive product matrix that covers family, off-road, and personalized usage scenarios. With the new model now officially launched, Chery is set to transcend traditional usage boundaries and strengthen its competitive position in the region. By delivering intelligent mobility solutions that embody “One Vehicle, Endless Lifestyles,” the brand aims to unlock new lifestyle possibilities for families in Southeast Asia and beyond.

Hikvision commercial summit 2025 concludes successfully in Bangkok, showcasing AIoT innovations for intelligent commerce

BANGKOK, Nov. 25, 2025 /PRNewswire/ — Hikvision’s Shaping Intelligence 2025 – Commercial Summit concluded successfully in Bangkok, Thailand, drawing over 350 global business leaders, technology partners, and industry experts during 20-21 November. The summit showcased how AIoT technologies are transforming building and retail sectors worldwide, while recognizing outstanding customer achievements in digital transformation.

Hikvision commercial summit 2025 concludes successfully in Bangkok, showcasing AIoT innovations for intelligent commerce
Hikvision commercial summit 2025 concludes successfully in Bangkok, showcasing AIoT innovations for intelligent commerce

AIoT powers intelligent commercial transformation

Vivianna Wong, President of Hikvision Pan Asia Pacific, officially opened the summit, emphasizing Hikvision’s dedication to empowering businesses through open collaboration and cutting-edge AIoT solutions. “We have always been committed to growing together with our partners, which is what the summit’s theme—Thriving Business—is all about,” Wong said.

The summit also featured keynote presentations from distinguished speakers including Dr. Jonathan Reynolds from the University of Oxford on the future of commerce. Two panel discussions brought together industry leaders to explore sustainability in thriving industries and the practical journey of AI-powered retail implementation.

Real-world impact: global success stories

A major highlight of the summit was the showcase of customer success stories from around the world. Enterprises across diverse markets—from property developers and retail chains to engineering solution system integrators and parking operators—shared how Hikvision’s AIoT solutions have delivered measurable results. The applications spanned optimizing building operations, enhancing retail security and loss prevention, revolutionizing parking management, and driving significant energy efficiency improvements.

These real-world implementations have demonstrated that digital transformation is not a distant concept, but a present reality that delivers tangible business value. Whether it’s AI-driven HVAC systems reducing energy consumption in commercial properties or intelligent retail solutions enhancing customer experiences while improving operational efficiency, the impact of AIoT is being felt across industries worldwide. The diverse range of participants at the summit—representing businesses from multiple continents—underscored the universal applicability and growing adoption of intelligent commercial solutions.

The commercial transformation journey continues

As the summit concluded, the overarching message was clear: the future of commerce lies in the intelligent application of AIoT technologies, powered by open collaboration and shared innovation.

The Shaping Intelligence 2025 – Commercial Summit reinforced Hikvision’s position as a trusted partner in the global digital transformation journey, with participants leaving Bangkok inspired, informed, and equipped with actionable insights to drive their own innovation initiatives.

Bridging Cultures Through Music: “Golden Bell Stars” Modern Chinese Orchestra’s Korea Tour

SHENZHEN, China, Nov. 25, 2025 /PRNewswire/ — The “Golden Bell Stars” Modern Chinese Orchestra, led by the Chinese Musicians’ Association, kicked off the “Silk Road Blossoms” Chinese Folk Music Tour in Korea.

The “Golden Bell Stars” Modern Chinese Orchestra features award-winning musicians, including judges and gold medalists from the prestigious Chinese Golden Bell Award for Music, alongside talented artists from the Wuhan Conservatory of Music’s Oriental Chinese Orchestra.

This dynamic ensemble perfectly blends traditional Chinese sounds with modern compositions, offering a mesmerizing musical journey. The tour was held on November 14 at the Korea Arts Center, Paco Art Hall and November 15 at Baewha Women’s University, Grand Auditorium, receiving enthusiastic responses.


 


Tencent Music Entertainment Group has long been committed to promoting Chinese music globally. In collaboration with key industry partner the China Musicians Association, we have further expanded the reach and depth of Chinese culture overseas. The successful execution of this event has laid a solid foundation for deeper strategic trust and industrial collaboration between both parties in the future.

Vitasoy Announces Business Results for 1H FY2025/2026

Financial Highlights 

6 months ended

30 September 2025

1H FY2025/26

HK$ Mn

1H FY2024/25

HK$ Mn

Change

Revenue

3,227

3,443

-6 %

Gross Profit

1,648

1,777

-7 %

EBITDA

479

496

-4 %

Profit from Operations

247

257

-4 %

Profit Attributable to Equity Shareholders of the Company

172

171

+1 %

Basic Earnings per Ordinary Share (HK cents)

16.2

15.9

+2 %

 

HONG KONG, Nov. 25, 2025 /PRNewswire/ — Vitasoy International Holdings Limited (“Vitasoy” or the “Company”, together with its subsidiaries, the “Group”, Stock Code: 00345) today announced its interim results ended 30 September 2025 (“the interim financial period”). 

During the interim financial period, the Group recorded a 6% decrease in revenue, primarily due to challenges faced by the Chinese Mainland operations, which were affected by softer market conditions. The Group’s gross profit margin and operating margin were at 51.1% and 7.6% respectively and the profit attributable to equity shareholders of the Company was HK$172 million.

Mr. Winston Yau-lai Lo, Executive Chairman of Vitasoy International Holdings Limited, said at the press conference today, “External macro and competitive environment are evolving rapidly. The Chinese Mainland is at the forefront of this important evolution. Following some challenges in the first half of the financial year, Hong Kong Operation will work to accelerate growth in the second half of the financial year, while the operations in Australia and New Zealand and Singapore will endeavour to accelerate growth and further reduce operating losses. Despite the short-term challenges, we remain confident in our long-term potential for continuous scaling up.”

Based on the Group’s financial performance and cash position, the Board of Directors has declared an interim dividend of HK4.0 cents per ordinary share (previous interim financial period: HK4.0 cents per ordinary share), payable on 23 December 2025.

Chinese Mainland –
Revenue declined due to weakness in the general trade business not completely offset by the growth in the Omni channel including snack chains whilst maintaining double-digit operating profit margin

In the Chinese Mainland operations, the decline in revenue was primarily attributable to revenue contraction in general trade, partially offset by solid increases in the Omni channel including snack chains channel, which are now being scaled up. Vitasoy continued to focus on improving its commercial execution, securing the correct value equation and driving relevant product innovation. This has led to VITASOY growing market share in both the soy milk and plant milk categories, and VITA tea also improving its market share in the ready-to-drink tea category as the result of broad adoption of the more competitive pricing strategy and the successful launch of its new VITA Ya Shi Xiang Lemon Tea. 

The Chinese Mainland operations continued to maintain operating profit margin at 11% for the interim financial period owing to the implementation of cost optimisation measures, which helped offsetting the drop in sales.

Hong Kong Operation (Hong Kong SAR[1], Macau SAR[2] and Exports) –
Solid Hong Kong Operation performance negatively affected by temporary setbacks in the Vitaland business, Macau SAR and exports to the United States, but maintaining double-digit operating profit margin performance

Hong Kong SAR beverage business continued to strengthen its market leadership in the non-alcoholic beverages category. New product launches such as VITASOY Low Sugar Peach Soyabean Milk and VITA Ya Shi Xiang Lemon Tea together with the continuing popularity of the VLT Zero and Sparkling ranges and the solid market position of VITA No Sugar Tea sustained the Company’s strong leadership in these categories.

The Vitaland business was negatively affected by fewer school days during the interim financial period as a result of adverse weather conditions in the typhoon season. Vitasoy is currently addressing deteriorating sales in the softer retail market of the Macau SAR via new commercial strategies. 

The imposition of, and frequent changes to, tariffs imposed by the United States have had a negative impact on the North America business albeit not significant to the total Group revenue. The Group is adjusting the commercial strategy as the tariff situation evolves.

Australia and New Zealand –
Strong revenue growth and continued albeit gradual profitability improvements after manufacturing stabilisation

Australia and New Zealand registered 5% sales growth in local currency terms and gained market share on core platforms. This was the result of the full restoration of commercial activities following a recovery in manufacturing capacity following last year’s production issues, as well as ongoing cost reduction production efforts. Accordingly, the profitability improved with the operating loss being reduced significantly to HK$22 million as compared with the same period last year.

Singapore – 
Domestic and export tofu business continued to gain momentum, offset by some softness in beverage business

Total revenue decreased by 1% in local currency during the interim financial period. The loss from operations was significantly reduced by 53% in local currency terms.

Both the domestic and export tofu business continued gaining momentum during the interim financial period with sustained revenue growth. The comparative decline in beverage sales was mainly due to lower priced competitive products as well as the new distributor cycling off a higher base last year. 

The Philippines –

In the Philippines, the plant-based category continues to grow very healthily at double-digit year on year since Vitasoy’s entry, with the oat and almond segments leading such growth. The joint venture in the Philippines with Universal Robina Corporation continued to sustain the business. The Group is also determined to keep driving scale and improving profitability in this exciting market.

###

For more details, please refer to the following documents:

  • Announcement of interim results ended 30 September 2025:
    Link
  • Photos download:
    Link

Vitasoy management presents its VITASOY CALCI-PLUS Hi-Calcium Original Soya Milk and VITASOY CALCI-PLUS Hi-Calcium No Sugar Original Soya Milk with upgraded formula at the press conference. (From left) Ms. Ian Ng, Group Chief Financial Officer; Mr. Winston Lo, Executive Chairman; Ms. May Lo, Deputy Chairman; and Mr. Roberto Guidetti, Group Chief Executive Officer.
Vitasoy management presents its VITASOY CALCI-PLUS Hi-Calcium Original Soya Milk and VITASOY CALCI-PLUS Hi-Calcium No Sugar Original Soya Milk with upgraded formula at the press conference. (From left) Ms. Ian Ng, Group Chief Financial Officer; Mr. Winston Lo, Executive Chairman; Ms. May Lo, Deputy Chairman; and Mr. Roberto Guidetti, Group Chief Executive Officer.

 

Vitasoy launched VITASOY CALCI-PLUS Hi-Calcium Original Soya Milk and VITASOY CALCI-PLUS Hi-Calcium No Sugar Original Soya Milk with upgraded formula.
Vitasoy launched VITASOY CALCI-PLUS Hi-Calcium Original Soya Milk and VITASOY CALCI-PLUS Hi-Calcium No Sugar Original Soya Milk with upgraded formula.

About Vitasoy

Vitasoy International Holdings Limited is a leading manufacturer and distributor of plant-based food and beverages. Established in 1940 by the late Dr. Kwee-seong Lo in Hong Kong China, the Company strives to promote sustainable plant-based nutrition through provision of a variety of high-quality products with Nutrition, Taste and Sustainability as the guidelines for its portfolio offerings. Currently, Vitasoy has operations in China, including the Chinese Mainland and Hong Kong Special Administrative Region, Australia, Singapore and the Philippines. Its products are available in about 40 markets worldwide.

Vitasoy is listed on the main board of the Hong Kong Stock Exchange (00345.HK) and included as a constituent of Morgan Stanley Capital International (MSCI) Hong Kong Small Cap Index, and Hang Seng Corporate Sustainability Benchmark Index, among others.  

Vitasoy website: www.vitasoy.com

Note:

[1] “Hong Kong SAR” stands for the Hong Kong Special Administrative Region of the People’s Republic of China.

[2] “Macau SAR” stands for the Macao Special Administrative Region of the People’s Republic of China.

 

DJI Docks Transform Hyundai E&C’s Namyangju Wangsuk Relocation Project in South Korea

SHENZHEN, China, Nov. 25, 2025 /PRNewswire/ — DJI, the global leader in civil drones and creative camera technology, today published a new DJI Enterprise case study demonstrating how DJI Docks and 3D models are transforming construction surveying and project management. The case focuses on Hyundai Engineering and Construction’s Namyangju Wangsuk Relocation Project in South Korea.

DJI Dock 3 Transform Hyundai E&C’s Namyangju Wangsuk Relocation Project in South Korea
DJI Dock 3 Transform Hyundai E&C’s Namyangju Wangsuk Relocation Project in South Korea

Hyundai E & C is setting a new benchmark for smart construction at scale with the help of DJI Docks, DJI’s drone–in–a–box enterprise solution. When completed, the Namyangju Wangsuk Relocation Project will be the nation’s first stacked underground road, featuring an upper underpass and a lower tunnel spanning 6.4 kilometers. Costing an estimated  1 trillion KRW, the site has been described as the single largest civil engineering project in Korea, requiring tightly integrated coordination among construction, scheduling, safety, and quality.

Throughout the relocation process, demolition and construction progressed almost in parallel. Drones were essential for site surveying, providing critical intel for deciding when and where crews should be mobilized and informing construction planning. Before automated aerial missions were possible, drone operations were manual and labor-intensive: dedicated staff needed to be on-site to manage charging, transporting, flying, and data storage. That changed when DJI Docks was integrated into daily workflows. After a few initial tests, it became clear that automated flights enabled real-time site monitoring, saving time and labor.

Flexible Deployments, More Efficient Workflows

Installed onsite, DJI Docks allow operators to plan missions remotely, schedule flights, and pilot docked drones on demand. For Hyundai E&C, this enabled teams to automate their charging-to-flight workflows while streamlining their data gathering and analysis into a unified platform. Teams can now collect site data every two weeks, enabling more accurate prioritization, scheduling, and issuance of subcontract work orders. The shared data environment reduces the need for frequent in-person meetings. Instead, teams can check updates and collaborate directly.

3D Models Streamline Progress Tracking and Verification

Another key shift has been the move from 2D CAD quantity takeoffs to 3D model-driven verification. Drone-derived measurements feed directly into volume calculations, which are cross-checked against 2D designs for accuracy. Multiple design layers are overlaid on current site conditions, allowing each discipline to review the information they need and plan efficiently. This has streamlined progress reporting: instead of manually marking up photos, teams now overlay official design drawings to compare planned and actual conditions with high precision. For on-site execution, this approach supports reliable quantity estimation, weekly and monthly progress tracking, and verification that construction matches design intent.

Automation Driving Smarter Construction

Automated site monitoring with DJI Docks covers the entire 6.4 km corridor, including hard-to-access zones, improving efficiency and reducing manual workload. Leaders at the site anticipate that these systems will expand rapidly across the industry. Hyundai E&C’s recent smart construction technology demonstrations at the same project—featuring digital twin dashboards, autonomous drones, robotics, and smart safety solutions—underscore this momentum and point to a broader transformation in field operations.

Learn more: https://www.youtube.com/watch?v=s6xVE2LIW_U

About DJI
Since 2006, DJI has led the world with civilian drone innovations that have empowered individuals to take flight for the first time, visionaries to turn their imagination into reality, and professionals to transform their work entirely. Today, DJI serves to build a better world by continuously promoting human advancement. With a solution-oriented mindset and genuine curiosity, DJI has expanded its ambitions into areas such as cycling, renewable energy, agriculture, public safety, surveying and mapping, and infrastructure inspection. In every application, DJI products deliver experiences that add value to lives around the world in more profound ways than ever before.

For more information, visit our:

Website: https://www.enterprise.dji.com
Facebook: www.facebook.com/DJIEnterpriseOfficial/
Twitter: https://twitter.com/DJIEnterprise
LinkedIn: www.linkedin.com/company/dji
Subscribe to our YouTube Channel: www.youtube.com/@DJIEnterprise

Sneak Peek: OpenHarmony Debut & New Industry Standards – This Competition is Redefining Urban Sanitation

GUANGZHOU, China, Nov. 25, 2025 /PRNewswire/ — In November, as a dynamic response to The State Council of the People’s Republic of China’s call for an “AI Plus” initiative, Shenzhen is translating policy into groundbreaking reality. The upcoming 2025 Shenzhen International AI Sanitation Robot & Application Innovation Competition will feature a special “OpenHarmony Formation.” Leading enterprises like SAITE intelligence, COWA robot, XiNiu, JiMuXingYuan, JingLv Environment, and NiuEnChi will deploy their AI-powered sanitation robots in this coordinated display, presenting a new vision for urban cleanliness. Co-wise Company is one of the supporting companies of this competition, which helps to provide different kinds of service, such as photo taking, media communication, and document preparing. 

1. A Tech Showcase: The OpenHarmony Formation

The “AI Plus” initiative emphasizes technological integration and real-world application. Today’s AI sanitation robots are no longer isolated units. As a pioneer in reform and innovation, Longgang District has ambitiously set its sights on becoming China’s first “HarmonyOS District,” achieving a key breakthrough in public sanitation.

Leveraging district-wide 5G private networks and IoT infrastructure, Longgang has deeply implemented the open-source, Harmony-compatible M-Robots OS. Its ultra-low latency significantly reduces multi-device coordination costs and grants these robots unprecedented intelligence.

2. Setting Standards for Industry Growth

The event is not just a competition; it’s a platform for shaping industry standards and releasing cutting-edge technologies, featuring several landmark achievements.

The China Urban Environmental Sanitation Association will present the Technical Requirements for AI Cleaning Robots (Draft for Comments). This first-of-its-kind national standard fills a critical gap, providing unified specifications for the entire product lifecycle—from design and manufacturing to testing and final acceptance—guiding the industry towards high-quality development.

Concurrently, Longgang District will unveil China’s first standardized operational model for non-standard scenarios. Pioneered in Henggang Subdistrict, this model uses a “five-in-one” integrated land-air perception network.

3. Connecting Industries, Fostering Collaboration

The competition features real-world tests in three scenarios: park squares, pedestrian/cycle paths, and service roads. This allows government and enterprise observers to evaluate technologies firsthand. Attendees include sanitation departments, urban service companies, and investors from across China. The organizers will facilitate on-site matchmaking, helping participants access procurement needs and convert leads into orders. The event also connects with Belt and Road resources, top investors, industrial funds, and banks, building a bridge for collaboration and market expansion.

2025 Hong Kong ICT Awards “Smart Mobility Award” Winners Revealed

AI Leads the Innovation & Technology Ecosystem: Smart Tourism, Smart Logistics, and Smart Transport Solutions Fully Unleash Their Potential

HONG KONG, Nov. 25, 2025 /PRNewswire/ — The Awards Presentation Ceremony of the 2025 Hong Kong ICT Awards: Smart Mobility Award, steered by the Digital Policy Office and organised by GS1 Hong Kong, was successfully held on 21 November.

Airport Authority Hong Kong (AAHK) emerged as the standout winner of the year. Its innovative digital logistics solutions won three awards, including Smart Mobility Grand Award, Smart Mobility (Smart Logistics) Gold Award, and Smart Mobility (Smart Logistics) Silver Award.

Smart Mobility Award recognises outstanding solutions in smart tourism, smart logistics, and smart transport. Following a rigorous preliminary evaluation by the judging panel, the Gold, Silver, and Bronze Awards, along with Certificates of Merit and the special “Best Use of AI Award”, were presented to the final winners.

AAHK’s Digitalised Solution: Demonstrating Dual Benefits of Efficiency and Environmental Protection

Airport Authority Hong Kong (AAHK) was awarded both the Smart Mobility Grand Award and Smart Mobility (Smart Logistics) Gold Award for its “Hong Kong Air Import SmartCollect”. This solution supports the issuance of electronic Shipment Release Form (eSRF) and allows enterprises to complete payments and verification online without the need to queue in person, thereby streamlining the import cargo collection journey. It also facilitates the cargo inspection process of government regulators and enhances overall supply chain transparency and efficiency.

HKIA Cargo Connect, another winning entry from AAHK, was awarded the Smart Mobility (Smart Logistics) Silver Award. The platform addresses the industry’s fragmented resources challenges by providing an innovative, intelligent, and interconnected digital ecosystem for air cargo industry. This enables airlines to rapidly establish collaborative networks and optimise resource utilisation.

By digitising these processes, the two solutions not only accelerate logistics efficiency, but also significantly reduce paper consumption. These has bolstered environmental goals and sustainable development, further enhancing Hong Kong International Airport’s position as the leading air cargo hub in the world.

AI Powers Diverse Innovations, Fueling Smart Mobility and Event Economy

The other winning entries of this year’s ICT Awards – Smart Mobility Awards showcased the diversity and practical value of Hong Kong’s innovations, including:

  • Smart Transport: Leveraging AI combined with big data models to automatically identify road issues, helping alleviate traffic congestion
  • Smart Tourism (Event Economy): The use of intelligent crowd management technology to analyse real-time crowd data, optimise venue management and enhance the experience of participants at large-scale events
  • Smart Tourism (Marketing): Platforms that analyse data from major social media platforms to help the hotel industry precisely target potential customers and develop more effective marketing strategies

All award-winning entries exemplify the seamless integration of technologies like AI, Big Data, and the Internet of Things (IoT) into practical applications. For the complete winners list, please see the table below.

To learn more about the details of each winning entry, visit our website at: https://www.gs1hk.org/SmartMobilityAward.

GS1 HK: Fostering Cross-sector Collaboration, Developing Hong Kong as International Innovation and Technology Centre

Ms. Anna Lin, Chief Executive of GS1 HK congratulated all the award winners and expressed her great pleasure at the dynamic growth of Hong Kong’s innovation and technology ecosystem.

She highlighted that while the government has committed substantial resources, the industry is also seizing opportunities to innovate and transform, “This year’s winners come from diverse sectors, applying advanced technologies such as AI, Big Data, and IoT. These cross-sector collaborations not only expand the boundaries of technology application but also serve as innovative examples to the industries, inspiring more talents to join the IT field. GS1 HK will continue to work closely with the government and partners from different sectors to jointly drive Hong Kong’s development into international innovation and technology centre.”

Winners of the 2025 Hong Kong ICT Awards – Smart Mobility Award

(Listed in alphabetical order by English company / organisation name)

Category

Award

Organisation

Winning Entry

Smart Mobility

Grand

Airport Authority Hong Kong

Hong Kong Air Import SmartCollect

Smart Mobility

Best Use of AI

Department of Real Estate and Construction, The University of Hong Kong / Hong Kong Housing Authority

“Agit” – Agentic Artificial Intelligence of Things (AIoT) System for Cross-border MiC Logistics

Smart Transport 

Gold

Winley Technology Group Limited / Highways Department, The Government of the HKSAR

Intelligent Pavement Assessment System (iPAS): Revolutionising Road Infrastructure Assessment and Management

Silver

Wonder

Wonder M1OS Smart Taxi Meter

Bronze

The Hong Kong University of Science and Technology / Hong Kong Police Force, The Government of the HKSAR

Kwun Tong Smart Traffic Management System (STMS)

Certificate of Merit

Transport Department, The Government of the HKSAR / Logistics and Supply Chain MultiTech R&D Centre / QTC Traffic Technology Limited / The Hong Kong University of Science and Technology

Area-wide Real-time Adaptive Traffic Signals System in Tung Chung

Smart Logistics 

Gold

Airport Authority Hong Kong

Hong Kong Air Import SmartCollect

Silver

Airport Authority Hong Kong

HKIA Cargo Connect

Bronze

Department of Real Estate and Construction, The University of Hong Kong / Hong Kong Housing Authority

“Agit” – Agentic Artificial Intelligence of Things (AIoT) System for Cross-border MiC Logistics

Certificate of Merit

Geek Plus International Company Limited / The Dairy Farm Company, Limited (Wellcome)

Picking Model Evolution: Transforming Slow-Moving Inventory

Smart Tourism

Gold

Harvest Elite International Limited

Unlocking Opportunities in China

Silver

VERTRIQE Limited

ADEST (AI-Blockchain Driven Energy Saving Technology)

Bronze

Hong Kong Police Force, The Government of the HKSAR / Hong Kong Qianfan Technology Company Limited

Easy Leave

Certificate of Merit

Yoswit Hospitality Limited

AI Hotel Assistant

To learn more about the Smart Mobility Award and the award-winning entries, please visit: https://www.gs1hk.org/SmartMobilityAward

Group photo of the 2025 Smart Mobility Award winners with the Financial Secretary Mr Paul Chan (front row, centre), distinguished guests, and representatives from leading organiser.
Group photo of the 2025 Smart Mobility Award winners with the Financial Secretary Mr Paul Chan (front row, centre), distinguished guests, and representatives from leading organiser.

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 “Smarter Business, Better Life”.

Headquartered in Brussels, Belgium, GS1® is a not-for-profit, standards organisation that has 115+ national chapters serving 150 economies globally. For more information, please visit www.gs1hk.org. 

Overstory Closes $43m Series B To Scale AI-Driven Wildfire Prevention And Grid Resilience

  • European climate-tech growth equity firm Blume Equity led the round with participation from Energy Impact Partners and existing investors.
  • Overstory also announced its next generation of Wildfire Intelligence, now using a proprietary Fuel Detection Model to dynamically assess wildfire risk.
  • Tamara Mendelsohn, former CMO at Eventbrite, has been appointed Chief Operating Officer to guide the company’s next phase of growth.

AMSTERDAM, Nov. 25, 2025 /PRNewswire/ — Overstory, the leader in vegetation intelligence for the utility industry, today announced $43M in Series B funding. The round was led by Blume Equity, with participation from Energy Impact Partners LP (“EIP”) and existing investors including B Capital, Semapa Next, Pale Blue Dot, CapitalT, Convective Capital, Bentley Systems, MCJ and Moxxie Ventures. The company will use the funding to accelerate development of its AI-based risk models, advance its wildfire prevention offering, and expand globally.

For utilities, vegetation is not only the leading cause of outages and wildfires, but often the single largest operational expense. In recent years, tree mortality, labor costs, demand and extreme weather events have all increased, driving utilities to find new ways to sharpen how they manage vegetation to build more resilience and reliability. Overstory uses high-resolution satellite data and AI to help utilities pinpoint risks tree by tree – reducing outages, preventing wildfires, and ensuring power remains safe, reliable, and affordable.

“Innovation and technology have become the pillars of progress when it comes to wildfire prevention,” said Andy Abranches, VP of Wildfire Mitigation at Pacific Gas and Electric Company (PG&E). “Satellite data, AI and the vegetation-management intelligence we get from companies like Overstory are transforming how utilities think about wildfire prevention. The details are in the data, and that precision allows us to deploy our crews where wildfire risk is greatest.”

Michelle Capiod, Co-Founding Partner at Blume Equity, said: “The companies that will drive the greatest impact on our planet are those that deliver climate solutions with real economic value. Overstory exemplifies this — transforming satellite data into actionable insights that help utilities both prevent climate-related disasters and drive operational efficiencies. Their customer-first approach and leadership in AI has enabled them to develop cutting-edge, yet highly practical, solutions that deliver a tangible return on investment. This is exactly the kind of scalable, high impact climate solution we’re proud to support at Blume Equity.” 

The funding follows seven years of catalytic growth, with Overstory now serving six of the ten largest utilities across the Americas. The team has grown to more than 80 people, representing 16 nationalities and spanning disciplines from machine learning and data science to arborists and wildfire experts. Guiding the company’s next phase will be its new Chief Operating Officer, Tamara Mendelsohn. A seasoned operator and former Eventbrite CMO, Mendelsohn brings experience in scaling a company from seed stage to IPO.

“Utilities are at a pivotal moment, facing more extreme weather events every year,” said James Sprinz, Principal at EIP. “Overstory is tackling this challenge in a way that utilities can act on immediately, making sense of satellite data to spot the exact tree to trim, pole to clear, or asset to replace.”

Overstory Expands Wildfire Intelligence To Prevent Catastrophic Fires Before They Start

Overstory has built its reputation helping utilities identify vegetation that could cause outages and sparks. Today, the company launched the next evolution of its Wildfire Intelligence product, now backed by its proprietary, industry-first Fuel Detection Model. The technology helps utilities pinpoint areas across their network that contain the highest risk fuels, where a spark is most likely to ignite and spread. Unlike publicly available fire risk maps commonly used today, Overstory’s AI-backed tools recommend the exact locations and actions that will have an outsized impact on wildfire mitigation.

“Utilities are on the front lines of keeping communities safe, and they’re eager to use the best data available. When we talk about how satellites and remote sensing can identify dying trees and wildfire risk, they lean in,” said Fiona Spruill, CEO of Overstory. “We’re grateful to our forward-thinking investors for supporting this next chapter – expanding our intelligence product to address storms and wildfires, helping utilities build a more resilient and reliable grid.”

For more information, please visit overstory.com

About Overstory:
Overstory is an AI-powered grid resilience platform shifting how utilities protect communities from outages and wildfires. The company harnesses high-resolution satellite imagery and proprietary AI models to provide the critical intelligence needed to move utilities from reactive maintenance to a targeted, risk-based resilience strategy. By pinpointing the highest-risk vegetation and assets, Overstory empowers its partners to direct resources with precision, maximize the impact of every dollar spent, and build a safer, more reliable, and more resilient grid for everyone. Overstory is a global company with a U.S. headquarters in Boston and a European headquarters in Amsterdam.

About Blume Equity:
Blume Equity is a European climate-tech growth equity firm based in London and Amsterdam. Blume Equity partners with disruptive climate tech scale-ups that increase efficiency and climate resilience. The Blume team are growth specialists, providing flexible scale-up capital and value creation support to visionary entrepreneurs who are driving innovation and solving the climate emergency. For more information about Blume Equity, please visit: https://blumeequity.com

About Energy Impact Partners: 
Energy Impact Partners LP (EIP) is a global energy investor with a proprietary model designed to drive innovation. EIP brings together entrepreneurs and some of the world’s most forward-thinking energy and industrial companies to advance innovation for a better energy future. Investing in venture, growth/private equity and credit, EIP seeks attractive risk-adjusted returns for its investors by leveraging its differentiated strategy and industrial ecosystem. With over 80 corporate partners and over $4.5 billion in assets under management, EIP invests globally with over 100 professionals based in its offices in New York, San Francisco, Washington D.C., Atlanta, Palm Beach, London, Cologne and Oslo. For more information on EIP, please visit www.energyimpactpartners.com.

Media contact:
Cait Harding, VP Marketing, Overstory
cait.harding@overstory.com

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