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Nexteer Opens Mexico Technical Center to Advance Engineering Support, Testing & Validation Capabilities

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Tech Center Enhances Local Innovation & Customer Support to Drive North American Growth

AUBURN HILLS, Mich. and QUERÉTARO, Mexico, Oct. 24, 2025 /PRNewswire/ — Nexteer Automotive celebrated the opening ceremony of its new Mexico Technical Center (MXTC), marking a significant milestone in the company’s strategic growth and commitment to innovation in North America. The MXTC strengthens Nexteer’s local engineering capabilities to enhance responsiveness, efficiency and quality while providing advanced technical support for OEM product development and validation in Mexico and across the region.

Nexteer’s global and local leadership along with distinguished government representatives attended today’s ceremony.

“The opening of the Mexico Technical Center marks an exciting new chapter in our globally balanced footprint strategy,” said Robin Milavec, President, Chief Technology Officer, Chief Strategy Officer and Executive Board Director of Nexteer Automotive. “By strengthening our local engineering and validation capabilities in Mexico, we are reinforcing our commitment to operational excellence, innovation and customer-focused growth across North America.”

Located in Parque Industrial Finsa II in El Marqués, Querétaro, the MXTC spans 8,900 square meters and includes local engineering support, product validation, testing and office space. The center is dedicated to Nexteer product and process technologies, delivering innovative solutions and technical support tailored to local OEM customers.

“The new technical center underscores Nexteer’s long-term commitment to Mexico and to our customers who rely on us for localized, agile engineering support,” said Juan Farias, Vice President and Chief Operating Officer of Nexteer Mexico. “We are proud to continue growing our talented technical workforce in Querétaro and to contribute to the region’s strong automotive ecosystem.”

The MXTC is staffed by a highly skilled, multidisciplinary team.  Supported by the Government of the State of Querétaro, this strategic investment strengthens Nexteer’s ability to attract top talent and collaborate with OEM customers throughout the region. 

The MXTC reinforces Nexteer’s globally balanced footprint spanning five continents with regional production and technology hubs that enable seamless collaboration, efficiency and innovation across time zones and technical specialties.

Information about MXTC career opportunities will be shared on the Nexteer Automotive Mexico LinkedIn page.

ABOUT NEXTEER AUTOMOTIVE

Nexteer Automotive (HK 1316) is a global leading motion control technology company accelerating mobility to be safe, green and exciting. Our innovative portfolio supports by-wire chassis control, including electric and hydraulic power steering systems, steer-by-wire and rear-wheel steering systems, steering columns and intermediate shafts, driveline systems, software solutions and brake-by-wire. The company solves motion control challenges across all megatrends – including electrification, software/connectivity, ADAS/automated driving and shared mobility – for global and domestic OEMs around the world including BMW, Ford, GM, RNM, Stellantis, Toyota and VW, as well as automakers in India and China including BYD, Xiaomi, ChangAn, Li Auto, Chery, Great Wall, Geely, Xpeng and others. www.nexteer.com

Link to Nexteer Media Center 

Link to Press Kit 

Michelin Ignites the Future of Mobility at “Michelin Beyond Performance” Asia Pacific Media Day 2025

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Unveils Bold Innovations, Strategic Partnerships, and a Vision for a Sustainable Tomorrow

  • Revolutionary Vision: Michelin showcases its strategy to become a world-leading manufacturer of life-changing composites and experiences, driven by its All-Sustainable framework: People × Profit × Planet.
  • Powerful Partnerships: Industry leaders and KOL joined Michelin in a panel discussion to share real-world sustainability collaborations and measurable impact.
  • Culinary Innovation: GOAT Bangkok, a One MICHELIN Star restaurant, presented a menu inspired by “composites,” blending science and gastronomy in a celebration of Michelin’s innovative spirit.

SARABURI, THAILAND – Media OutReach Newswire – 24 October 2025 – Michelin, world-leading manufacturer of life-changing composites and experiences, proudly hosts the Michelin Asia Pacific Media Day 2025 at its Nongkhae site in Saraburi, Thailand, under the theme “Michelin Beyond Performance.” This annual event brings together regional media, industry partners, and Michelin executives to explore how the company is redefining performance through innovation, sustainability, and human-centric progress.

Michelin Asia Pacific Media Day 2025
Michelin Asia Pacific Media Day 2025

The event is opened by Manuel Fafian, President and Managing Director of Michelin Asia Pacific, who highlights Michelin’s journey from tire innovation to becoming a world-leading manufacturer of life-changing composites and experiences. “Our ambition goes beyond performance,” he shares. “We are building a future where every product, every solution, and every experience contributes to a better way forward—for people, for profit, and for the planet. Today’s Media Day is a showcase on how we are bringing this future to life.”

A Vision Rooted in Innovation

From its pioneering role in the 1899 electric land-speed record, to its current leadership in sustainable tire technologies, Michelin continues to push boundaries. The keynote sessions and workshops showcase Michelin’s transformation into a composite solutions powerhouse, with applications spanning mobility, healthcare, aerospace, and low-carbon energy.

Cyrille Roget, Michelin’s Technical and Scientific Communication Director, presents the Group’s latest advancements in sustainable tire design, emphasizing the importance of life cycle assessment, bio-sourced materials, and rolling resistance optimization. He highlights that over 80% of a tire’s environmental footprint occurs during usage, underscoring the need for holistic design and responsible manufacturing.

Driving Sustainability Together: Michelin & Partners in Action

A key highlight of the event is the panel discussion featuring Michelin’s strategic partners: DHL, Mon Transport and SweetVarnVarn, industry KOL. The session explores how collaboration across industries is accelerating sustainability in logistics, manufacturing, and mobility, with joint initiatives to scale sustainable logistics and measure impact through shared KPIs and environmental goals in emerging markets. The discussion emphasizes the importance of shared values, innovation, and long-term vision in overcoming challenges and driving measurable impact.

Inside Michelin Manufacturing: A Tour of Innovation in Motion

Participants are invited to explore two of Michelin’s key production stations at the Nongkhae site: Aircraft Tires and Truck & Bus Tires, offering a behind-the-scenes look at how Michelin’s commitment to innovation and sustainability comes to life on the factory floor. These special experiences showcase the cutting-edge technology and precision engineering that power Michelin’s products—where performance meets purpose.

A Culinary Interpretation of Composites

In a fitting tribute to Michelin’s spirit of innovation, the event concluded with a MICHELIN Guide Dining Experience curated by GOAT Bangkok, a One MICHELIN Star restaurant. This special dinner, designed exclusively for Michelin’s Asia Pacific Media Day 2025, drew inspiration from the concept of ‘composites’—a cornerstone of Michelin’s technological evolution.

Just as composites combine diverse elements to create materials that are stronger, lighter, and more adaptable, each dish in this menu blended regional Thai ingredients, culinary techniques, and storytelling to form a unique gastronomic experience. The result was a multi-sensory journey that mirrored Michelin’s fusion of science, sustainability, and creativity—transforming the invisible into the unforgettable.

Photos and/or attachments available HERE.

Hashtag: #Michelin

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

About Michelin:

Michelin is building a world-leading manufacturer of life-changing composites and experiences. Pioneering engineered materials for more than 130 years, Michelin is uniquely positioned to make decisive contributions to human progress and to a more sustainable world. Drawing on its deep know-how in polymer composites, Michelin is constantly innovating to manufacture high-quality tires and components for critical applications in demanding fields as varied as mobility, construction, aeronautics, low-carbon energies, and healthcare. The care placed in its products and deep customer knowledge inspire Michelin to offer the finest experiences. This spans from providing data- and AI-based connected solutions for professional fleets to recommending outstanding restaurants and hotels curated by the MICHELIN Guide. Headquartered in Clermont-Ferrand, France, Michelin is present in 175 countries and employs 129,800 people. ().

Singtel’s RE:AI Receives Frost & Sullivan’s 2025 Southeast Asia Competitive Strategy Leadership Recognition for Excellence in GPU-as-a-Service Innovation

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By integrating compute, connectivity, applications and orchestration, RE:AI sets new standards for AI infrastructure excellence and enterprise-scale GPU-as-a-Service delivery.

SAN ANTONIO, Oct. 24, 2025 /PRNewswire/ — Frost & Sullivan is pleased to announce that Singtel‘s AI cloud service, RE:AI, by its digital infrastructure arm Digital InfraCo, has received the 2025 Southeast Asia Competitive Strategy Leadership Recognition in the GPU-as-a-Service (GPUaaS) industry for its outstanding achievements in strategic foresight, innovation and execution. This recognition highlights RE:AI’s consistent leadership in advancing AI infrastructure, strengthening its competitive position, and delivering secure, scalable and sustainable solutions that empower enterprise transformation in the digital age.

This recognition highlights RE:AI’s consistent leadership in advancing AI infrastructure, strengthening its competitive position, and delivering secure, scalable and sustainable solutions that empower enterprise transformation in the digital age.
This recognition highlights RE:AI’s consistent leadership in advancing AI infrastructure, strengthening its competitive position, and delivering secure, scalable and sustainable solutions that empower enterprise transformation in the digital age.

Frost & Sullivan evaluates companies through a rigorous benchmarking process across two core dimensions: strategy effectiveness and strategy execution. Singtel’s RE:AI excelled in both, demonstrating a deep understanding of market dynamics and a clear ability to align long-term growth strategies with evolving enterprise and government needs. “A holistic approach that combines innovation, scalability and sovereign-first infrastructure gives RE:AI a unique competitive advantage in Southeast Asia’s AI landscape,” said Renato Pasquini, Vice President, Research at Frost & Sullivan. “By leveraging its extensive data center assets, advanced connectivity and patented Paragon platform, RE:AI delivers GPU-as-a-Service solutions that not only meet current AI demands but also anticipate future enterprise requirements.”

Guided by a forward-looking growth strategy, Singtel has built a robust foundation for AI infrastructure in Southeast Asia. RE:AI provides enterprises with on-demand access to high-performance GPUs such as NVIDIA H100s and GB200. The business has further plans to deploy next-generation GB300 Grace Blackwell Superchips in 2026. Beyond GPUaaS, RE:AI integrates compute, storage, and orchestration via Singtel’s proprietary Paragon software, offering a unified, end-to-end service that few competitors globally can match.

Innovation is central to RE:AI’s competitive strategy. By maintaining full-stack control—including data centers, network connectivity, AI compute and applications orchestration—RE:AI ensures unmatched reliability, sovereignty, and adaptability. Its AI infrastructure supports mission-critical workloads across regulated sectors, such as government, finance, research, and healthcare, enabling compliance without compromising performance.  

“We created RE:AI with the mission of enabling sovereign AI uses case by making AI open, accessible, secured and scalable. The capabilities are anchored by our patented Paragon orchestration platform and hyperconnected, sustainable AI-ready data centres. By providing secure, scalable and reliable AI services across the entire value chain, from network connectivity to GPU-powered processing, application management and cloud delivery through RE:AI, we empower enterprises to transform with AI as their trusted partner. Paragon, our award-winning platform, enables telecom network operators to evolve into sovereign AI providers, unlocking new growth opportunities powered by AI. We’re pleased that the unique competitive advantages of our RE:AI cloud service and Paragon platform have not only resonated in the marketplace but also been recognised by Frost & Sullivan. This acknowledgement is timely as we expand RE:AI into the region with our diverse partner ecosystem to accelerate AI adoption and drive innovation and growth,” said Bill Chang, Chief Executive Officer, Digital InfraCo, Singtel.

As the first mover in Singapore’s AI infrastructure space, Singtel has set the pace for regional leadership through sustained investment and expansion. Its data center portfolio, led by DC Tuas (a 58 MW facility under development), will play a pivotal role in nearly doubling its total capacity across Singapore, Malaysia, Thailand, and Indonesia to 200 MW by 2026. This expansion reflects Singtel’s commitment to providing enterprises with low-latency, compliant, and high-performance AI environments that meet local and global standards.

RE:AI’s global partnerships with providers like Vultr, Nscale, and GMI Cloud, and collaborations with major hyperscalers, also empowers enterprises with flexibility and choice to deploy AI workloads seamlessly across multi-cloud environments.

Sustainability is a cornerstone of RE:AI’s strategy. By deploying liquid cooling technologies and energy-efficient designs across its AI farms, RE:AI significantly reduces energy consumption while maintaining high performance. Complemented by renewable energy initiatives and advanced automation, RE:AI’s infrastructure aligns with global carbon reduction goals and supports customers in meeting their net-zero commitments.

RE:AI’s service excellence is equally distinguished by its predictive and proactive operations model. Through AI-powered analytics and real-time monitoring across every GPU and data hall, RE:AI maintains optimal uptime and system performance with minimal intervention. This approach is supported by a dedicated customer success function that ensures feedback-driven enhancements and empowers clients to unlock the full potential of AI in their operations.

Frost & Sullivan commends RE:AI for its leadership in shaping the future of AI infrastructure in Southeast Asia. Its sovereign-first strategy, sustainable innovation, and seamless ecosystem integration position it as the preferred partner for enterprises seeking to scale AI capabilities securely and efficiently.

Each year, Frost & Sullivan presents the Competitive Strategy Leadership Recognition to companies that demonstrate outstanding strategy development and implementation, resulting in measurable improvements in market share, customer satisfaction, and competitive positioning. The recognition honors forward-thinking organizations driving industry transformation through innovation and strategic excellence.

Frost & Sullivan Best Practices Recognition

Frost & Sullivan’s Best Practices Recognitions honor companies across regional and global markets that exhibit exceptional achievement and consistent excellence in areas such as leadership, technological innovation, customer experience, and strategic product development. Each recognition is the result of a rigorous analytical process in which Frost & Sullivan industry experts benchmark performance through comprehensive interviews, deep-dive analysis, and extensive secondary research. The goal is to identify true best-in-class organizations that are driving transformative growth and setting new industry standards.

Contact us: Start the discussion.

Contact:
Tarini Singh
E: Tarini.singh@frost.com

About Singtel

Singtel is a leading Asian communications technology group, operating next-generation connectivity, digital infrastructure and digital businesses including regional data centre arm Nxera and regional IT services arm NCS. The Group has presence in Asia, Australia and Africa and reaches over 800 million mobile customers in 20 countries.

For consumers, Singtel delivers a complete and integrated suite of services, including mobile, broadband and TV. For enterprises, Singtel offers a complementary array of workforce mobility solutions, data hosting, cloud, network infrastructure, analytics and cyber security capabilities.

Singtel is dedicated to continuous innovation, harnessing technology to create new and exciting customer experiences, support enterprises in their digital transformation and shape a more sustainable, digital future.

For more information, visit www.singtel.com.

 

Neolix Raises US$600+ Million in Series D, Setting New Record for China’s Autonomous Driving Industry

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BEIJING, Oct. 24, 2025 /PRNewswire/ — Neolix, the world’s largest provider of L4 autonomous delivery (RoboVan) solutions, has raised over US$600 million in its Series D financing. This round marks the largest private fundraising in China’s autonomous driving sector to date and is among the biggest private investments in China this year.

Neolix secures the largest-ever private fundraising in China's autonomousdriving industry
Neolix secures the largest-ever private fundraising in China’s autonomousdriving industry

The round was led by UAE-based Stone Venture, joined by Gaocheng Capital, CITIC Capital, CDH, Sparkedge Capital, Beijing AI Fund and one of the largest internet platforms in China. Other key investors include Legend Capital, Gaorong Ventures, Templewater, SAIC etc. The new funds will be used to advance Neolix’s proprietary autonomous driving algorithms, accelerate product development across new commercial use cases, enhance its service network and user experience, and fuel its global expansion plans.

Founded by Mr. Enyuan Yu, Neolix has rapidly emerged as a global leader in autonomous delivery vehicles since its launch in 2018. The company has delivered over 10,000 L4 RoboVans, more than any other firm worldwide, and achieved a record-breaking 2,000 vehicle deliveries in a single month. Its vehicles are now deployed in over 300 cities in China, with Qingdao hosting more than 1,200 units. Neolix’s popular X3 and X6 models have each surpassed 4,000 deliveries, demonstrating strong market demand.

Technologically, Neolix has introduced major innovations, including its AI model “Neolix-VA” for smooth navigation in complex traffic, a map-free driving system for flexible urban logistics, and a smart dispatch platform that optimizes vehicle, road, and order coordination. These advancements have helped Neolix’s fleet surpass 50 million kilometers in autonomous driving.

Since receiving China’s first autonomous delivery license in 2021, Neolix has grown exponentially, now holding over 60% of the market share in cumulative shipments and serving more than 300,000 clients. It dominates the express delivery sector and is expanding into fresh food, cold chain, and instant delivery services. Internationally, Neolix is scaling up, having secured the UAE’s first RoboVan license in partnership with an Abu Dhabi – based Tech Company, marking its global expansion beyond China.

 

The Hong Kong International Optical Fair opens in early November

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Over 660 global exhibitors to showcase innovation, elderly care, design and sustainability

  • The 33rd Hong Kong International Optical Fair will showcase over 660 exhibitors from 19 countries and regions. Highlights will include the debut of the ASEAN Pavilion and Zhejiang Pavilion. For the first time, exhibitors from Indonesia, Russia and Vietnam will further expand the Fair’s international network
  • The Hong Kong International Optometric Symposium will gather experts from Hong Kong, Australia, Singapore and the United Kingdom to share the latest developments in senior vision care
  • The 25th Hong Kong Eyewear Design Competition — themed “Blending Tradition and Technology” — will display winning and shortlisted entries onsite

HONG KONG – Media OutReach Newswire – 24 October 2025 – Organised by the Hong Kong Trade Development Council (HKTDC) and co-‑organised by the Hong Kong Optical Manufacturers Association, the 33rd Hong Kong International Optical Fair will be held from 5 to 7 November 2025 at the Hong Kong Convention and Exhibition Centre. The fair will bring together more than 660 exhibitors from 19 countries and regions, and present a one-stop showcase of innovative and high-tech eyewear designs and products.

Optical 2025

Register for FREE buyer badge: https://tinyurl.com/5b7emnhw

Jenny Koo, Acting Executive Director of the HKTDC, said: “This year’s Hong Kong International Optical Fair, themed ‘Bright Eyes * New Horizons‘, showcases a wide array of products encompassing smart technology, healthcare, senior-oriented designs and sustainable elements. It demonstrates breakthroughs in function and aesthetics, reflecting global eyewear market trends and reinforcing Hong Kong’s role as an international trading hub.”

Industry development drives new opportunities

Hong Kong’s total exports of spectacles, lenses and frames reached HK$13.7 billion in the first eight months of 2025. The European Union, the United States, and Chinese Mainland are Hong Kong’s top three export markets respectively, with exports to the mainland surging 23% year-on-year. Despite intense global competition, Hong Kong’s eyewear industry continues to maintain its strengths in design, technology and quality.

This year’s fair brings together exhibitors from around the world, including first-time participants from Indonesia, Russia and Vietnam, alongside representatives from France, Germany, Italy, Spain, Switzerland, the United Kingdom and the United States across Europe and the Americas; and Japan, Korea, Singapore and Thailand within Asia. The fair will also feature exhibitors from Chinese Mainland, Hong Kong, Taiwan and Macao. Ten group pavilions — including the Hong Kong Optical Manufacturers Association (HKOMA), Chinese Mainland (with delegations from Danyang, Zhejiang and Yingtan), Taiwan, Japan and Korea, as well as “Visionaries of Style” showcasing creative and trendy designs — will showcase international brands and leading local enterprises to demonstrate optical fashions and manufacturing innovation.

The ASEAN Pavilion will make its debut this year, with an Indonesian exhibitor presenting Halal-certified eyewear products, demonstrating the industry’s awareness of cultural sensitivity and market diversity. The signature “Brand Name Gallery” will feature over 200 international brands which encompass designer eyewear, trendsetting collections and high-technology eyewear and provide buyers with a one-stop sourcing platform.

Events to showcase industry expertise and creativity

A series of seminars, eyewear parades and other events will highlight the creative thinking and technological achievements of the optical industry. The 23rd Hong Kong International Optometric Symposium — themed “Age Well, See Well: Redefining Eye Care for the Golden Age” organised by the HKTDC and co-organised by The Hong Kong Optometric Association and The Hong Kong Polytechnic University will be held on 6 November. Sessions will focus on vision care for the ageing community and feature six experts and academics from Hong Kong, Australia, Singapore and the United Kingdom. They will share insights on topics such as age-related visual challenges, diabetic retinopathy, and optometric care for patients with cognitive impairment, and provide attendees with international perspectives and the latest clinical research trends. The symposium is accredited by the Optometrists Board of Hong Kong, and participants attending the full-day conference may be eligible for up to six Continuing Professional Development (CPD) hours.

The 25th Hong Kong Eyewear Design Competition, co-organised by HKTDC and the Hong Kong Optical Manufacturers Association, will present the theme “Blending Tradition and Technology“. It is aimed at fostering local design and manufacturing innovation and will include an Open Group as well as a Student Group. The award presentation will be held on 5 November, and shortlisted entries will be exhibited onsite at Brand Name Gallery (BNG) Rendezvous, Grand Hall during the fair, giving visitors an opportunity to appreciate the creativity and flair of Hong Kong eyewear design.

The fair will continue to adopt the EXHIBITION+ hybrid model which seamlessly integrates online and offline elements to extend business opportunities. Exhibitors and buyers can connect and arrange meetings through the Click2Match online smart business-matching platform until 14 November. During the physical event, buyers can also use the Scan2Match function on the HKTDC Marketplace App to scan exhibitors’ QR codes to bookmark favourite suppliers, access product details and interactive floor plans, and make product enquiries—enabling engagement with exhibitors before and after the fair to continue their sourcing journey.

【Featured Products】

As global markets evolve and technology advances, eyewear design moves towards premium quality, multifunctionality and personalisation. This year’s exhibitors will showcase a wealth of innovative products that integrate scientific research, design excellence and sustainability concepts, reflecting four key market trends: smart technology, eye health, functionality & design, and sustainability. These innovative offerings illustrate how the optical industry harnesses creativity to meet the needs of a new era. Selected featured products include:

Smart Technology:

LAWK One & LAWK VIEW

Combining AR Visualisation with Optical Waveguide display, 4K Ultra HD recording, AI real time translation and smart voice assistant functions, this smart eyewear opens up new possibilities for everyday life, travel and professional applications.

Hangzhou Lawaken Artificial Intelligence Technology Co., Ltd.

Product Zone: Smart Eyewear
Booth: 1D-F06

Eye Health:

OOley O-Goggle

Invented by three PhD doctors at the Hong Kong University of Science and Technology, this innovative eyecare solution delivers direct eyeball “massage” to help relieve glaucoma and dry eye symptoms. The product has won the James Dyson Award and the Silver Diploma at the International Exhibition of Inventions in Geneva.

OOley Care Co. Ltd.

Product Zone: Innovation Hub
Booth: GH-D21

O4i Glasses

Crafted with a Hong Kong-patented graphene alloy eyewear frame and its exclusive manufacturing process, this eyewear seamlessly blends sleek style with practical functionality. It not only elevates your look but also works to boost blood circulation and ease dry eye discomfort, perfectly merging functional performance with lifestyle aesthetics.

Grand Maple Optical Limited

Product Zone: Brand Name Gallery
Booth: GH-B07


Functionality & Design:

One Frame, Many Lenses

This eyewear allows wearers to instantly switch between reading, distance or sunglasses lenses. Made from ultralight Beta Titanium with a simple snap-on rim design. Designed for presbyopia and the silver market, it offers a stylish and practical wearing experience.

Sasamata Co Ltd

Product Zone: Japan Pavilion
Booth: GH-C11

NIRTECH® Sunglasses with cooling functions

Equipped with NIRTECH® lens technology, it effectively blocks Near Infrared Radiation (NIR) to reduce eye heat and fatigue, keeping the eyes cool and comfortable under strong sunlight, making it an ideal choice for outdoor and sports activities.

Greatland Enterprise Co Ltd

Product Zone: Taiwan Pavilion
Booth: 1C-F09


Sustainability:

JLX STUDIO MADE 3D Printed Eyewear

Founded by a Hong Kong eyewear designer, JLX STUDIO MADE focuses on 3D‑printed eyewear. The brand blends traditional craftsmanship with digital technology, using eco‑friendly 3D-printing to reduce production waste and showcase a sustainable, customized vision for the future of eyewear.

Wenzhou Lynns Design Co. Limited

Product Zone: Designer Cafe
Booth: GH-C25

Websites:
The Hong Kong International Optical Fair: https://www.hktdc.com/event/hkopticalfair/en

Event details of the Hong Kong International Optical Fair: https://www.hktdc.com/event/hkopticalfair/en/intelligence-hub

The 23rd Hong Kong International Optometric Symposium: https://www.hktdc.com/event/hkopticalfair/en/the-23rd-hong-kong-international-optometric-symposium

The HKTDC’s Media Room: http://mediaroom.hktdc.com/en

Fair Details
Date: 5 – 7 November 2025 (Wednesday to Friday)
Time: (5 to 6 November) 9:30am – 6:30pm
(7 November) 9:30am – 5:00pm
Venue: Hong Kong Convention and Exhibition Centre
Admission: For trade visitors aged 18 or above only.
Onsite Registration Fee: HK$100 per person (free for e-Badge registration and pre-registered buyers)

Click2Match – Smart Business Matching Platform
Date: 29 October – 14 November

Hashtag: #HKTDC



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

About HKTDC

The is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With over 50 globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises , and to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via and . For more information, please visit: . Follow us on X and

Nova Technology Upgrades AI Claim Agent, Driving Next-Generation Intelligent Claims

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SHANGHAI, Oct. 24, 2025 /PRNewswire/ — Nova Technology International Co., Ltd. (hereinafter “Nova Technology”), a leading AI technology company in China’s insurance industry,  announced an upgrade to its AI Claim Agent. The enhanced AI Claim Agent achieves an automatic review rate up to 80%, significantly improving claim efficiency and accuracy, while the industry average is only around 30%. It enables insurance companies to build a highly efficient and reliable intelligent claim system, simultaneously delivering a superior customer experience.

Nova Technology has leveraged its proprietary technologies, including breakthroughs in vertical-specific models, a comprehensive knowledge base, and multi-agent AI systems, to provide insurance companies with AI claim solutions tailored to their business needs, continuously driving digital transformation and intelligent automation across the industry.

Nova Technology’s AI Claim Agent utilizes a sophisticated multi-agent architecture that breaks down complex claim tasks into collaborative subtasks. Specialized agents manage functions like policy interpretation, incident analysis, liability verification, and risk control. This professional collaboration mechanism allows the system to understand, evaluate, and adjudicate cases without human intervention, achieving intelligent liability determination and automated payout calculation, even for complex claims.

The upgraded AI Claim Agent is powered by Nova Technology’s proprietary Lop Nur system, which integrates multiple AI agents, an extensive knowledge base, and professional tools to enhance the entire claims process. The system supports liability assessment and actuarial capabilities across all health insurance types nationwide.

Starting from claim reporting, customers can initiate a claim with a single click, without the need to submit supporting materials upfront. During the data collection stage, Nova Technology’s intelligent data entry system applies advanced technologies — including e-invoice processing, optical character recognition (OCR), and large language models (LLMs) — to interpret claim data and efficiently retrieve authorized electronic health records from hospitals. This intelligent process ensures data accuracy and completeness, enabling all relevant information to be captured swiftly and precisely.

Upon completion of data collection, Lop Nur’s multi-agent claim system accelerates the review process by leveraging comprehensive insurance databases to enhance liability assessment and payout calculation. This integrated approach streamlines settlements, reduces errors, and ensures timely support for claimants. At the same time, the system identifies potential high-risk and fraudulent claims, enabling targeted investigations that prevent improper payouts while ensuring legitimate claims are processed efficiently and fairly.

Unlike conventional knowledge repositories, the Lop Nur system incorporates purpose-built risk analytics capabilities, enabling insurers to benefit from the company’s industry-leading, efficient, and accurate AI claim solutions across the entire process.

According to a Frost & Sullivan report, Nova Technology maintains one of the most comprehensive claim knowledge bases in China—based on the 2024 total volume of insurance and medical knowledge—covering more than 3.8 million conceptual items and 5,000 decision-making items. In its latest version, the knowledge base has been further expanded and enhanced with advanced reasoning capabilities, significantly improving risk identification and policy interpretation accuracy in complex claim scenarios.

The product has been deployed across multiple insurance institutions and has successfully passed rigorous enterprise-level validation for stability and security. In practical deployment, Nova Technology’s AI Claim Agent achieved an automatic review rate of up to 80.0%, calculated by dividing the number of claims settled without manual intervention by the total number of claims processed. The automatic claim review process achieved an industry-leading decision accuracy rate of up to 98.0%. This performance significantly outperforms traditional manual review processes in both speed and precision.

Nova Technology stated that the upgraded AI Claim Agent fully reflects the company’s long-term expertise in multi-agent AI systems and insurance knowledge base, and marks a new phase in which the company is advancing claim intelligence with AI into a systematic and deeper level of application.

ChainUp Investment Unveils Blueprint for Family Offices, Declares Bitcoin’s New Highs Confirm Institutional Era

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HONG KONG, Oct. 24, 2025 /PRNewswire/ — In a recent panel discussion at the World Family Office Forum Asia, Amanda He, Chief Investment Officer of crypto asset management firm ChainUp Investment, asserted that the recent milestones in Bitcoin’s price are a reflection of digital assets entering their institutional phase. Amanda, with a background rooted in both traditional finance and Web3 innovation, stated that this new era is fundamentally different from past cycles, driven by institutional adoption that is “accelerating, penetrating more markets, more product types, and deeper layers of the financial system.”

Amanda’s core message for professional allocators was clear: “be early late, not sorry late.”

Investment Strategies to Generate “Real Alpha”

Amanda explained that given the market’s current stage, the best approach for family offices is not passive holding or early-stage venture capital. She argued that the market is “still inefficient, information is fragmented, and behavioral biases are strong,” creating an environment where “skilled discretionary or quantamental managers can still generate real alpha.”

To illustrate her point, Amanda outlined several strategies tailored to different investor profiles coming from real case of family office clients:

  • For aggressive clients like Ultimate Beneficial Owner (UBO) with tech background or crypto knowledge: She recommends long-only or discretionary strategies that rotate across sectors.
  • For Bitcoin believers such as most crypto native investors: Amanda’s team also provides BTC-based yield strategies, such as structured fixed-term products with capital protection or volatility/options strategies.
  • For conservative investors for those Multi-Family Office or with little knowledge in crypto: The ideal entry point is delta-neutral arbitrage, which provides stable, low-volatility yield with some upside in a bull market.

DeFi and DeAI as the Future of On-Chain Finance

“Investment is always about being forward-looking,” said Amanda, who identified DeFi (Decentralized Finance) and DeAI (Decentralized Artificial Intelligence) or DePin (Decentralized Physical Infrastructure) as the most compelling sectors. While she views Layer-1s and Layer-2s as the foundational backbone, she is more bullish on the Decentralized Application sectors that can truly reshape the financial industry.

“DeFi is the most investable theme. We’re entering the ‘tokenize-everything’ era, first in gold, then T-bills and T-bonds, and now stocks. So what’s coming next after all those assets issuance on-chain completed? Those assets should generate yields on-chain. Hence DeFi is coming into the center of the stage.” she said. She summarized her view with a clear distinction: “DeFi for execution, DeAI for imagination.”

The Definitive Case for Bitcoin over Gold

In her most direct statement, Amanda addressed the long-term valuation of Bitcoin, setting a bold benchmark against gold.

“If Bitcoin ultimately matches gold’s role, one BTC should equal about 10 kilograms of gold, which is roughly USD 1.27 million at today’s prices,” she projected. When asked to choose between the two for a five-year allocation, her answer was simple and unequivocal: “100% Bitcoin for allocation, while not missing out timing alpha return in gold.”

“Gold was the store of value of the past—Bitcoin is the store of value of the future,” she concluded.

About ChainUp Investment
ChainUp Investment is a pioneering crypto asset management firm committed to delivering superior returns through innovative strategies, cutting-edge technologies, and market insights. As a cornerstone investor in the HK BTC and ETH ETF, ChainUp Investment is well-positioned to lead in providing robust and diversified investment solutions in the expanding global crypto market. ChainUp Investment is part of the ChainUp group of businesses.

About ChainUp
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CNN’s ‘Tech for Good’ showcases young innovators redefining rescue missions with robotics

By
Advertorial Desk
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HONG KONG, Oct. 24, 2025 /PRNewswire/ — In the latest episode of ‘Tech For Good’, CNN anchor and correspondent Kristie Lu Stout meets the young innovators designing cutting-edge technology that could one day revolutionize search and rescue missions.

CNN’s ‘Tech for Good’ showcases young innovators redefining rescue missions with robotics
CNN’s ‘Tech for Good’ showcases young innovators redefining rescue missions with robotics

CNN first visits The Hong Kong University of Science and Technology, where student Jimmy Wu Chun-Ming and his team have developed AeroRelief, a smart delivery drone system designed to enhance emergency response in remote areas.  What sets this technology apart from others is its SMS locating system and AI-driven dispatch assistance platform which suggests what equipment is needed during an emergency. It aims to close the critical time gap before first responders can arrive in remote areas, where every minute counts.

From emergency services to rescue operations, CNN visits Switzerland for the ARCHE (Advanced Robotic Capabilities for Hazardous Environments) event, where students developing the latest disaster relief robots can test their technologies in a simulated environment. Among this year’s standout creations are Magnecko, a climbing robot with magnetic feet developed by students at ETH Zurich, and Roboa, a snake-like robot designed to search for people trapped under rubble.

Across the globe, similar breakthroughs are taking shape. In the United States, Firebot – developed by University of Texas at Austin graduate Siddharth Thakur – is a cutting-edge fire robot equipped with thermal cameras, sensors, and gas detectors to safely navigate hazardous environments. It delivers real-time data to firefighters before they enter a blaze, enhancing safety and efficiency while minimizing risk.

Finally, as part of the show’s ‘Where Are They Now?’ segment, Max Lee and Josua Chan, creators of LifeSparrow, an AI drone software that’s designed to locate missing hikers in Hong Kong, are catching the world’s attention again. Since their 2023 feature in ‘Tech for Good’, their technology has expanded to perform various other tasks including spotting wildfires, monitoring country parks and assisting with maritime rescue.

Tech for Good trailers: http://bit.ly/4qoLFxn
Tech for Good images: http://bit.ly/4qquDz8
Tech for Good microsite: https://cnn.it/3PB5DSq 

Airtimes for 30-minute special: 

Saturday, 25th October at 12:30pm HKT
Sunday, 26th October at 12.30am and 6pm HKT
Monday, 27th October at 11:00am HKT

– Ends –

About CNN International  

CNN’s portfolio of news and information services is available in seven different languages across all major TV, digital and mobile platforms, reaching more than 379 million households around the globe. CNN International is the number one international TV news channel according to all major media surveys across Europe, the Middle East and Africa, the Asia Pacific region, and Latin America and has a US presence that includes CNNgo. CNN Digital is a leading network for online news, mobile news and social media. CNN is at the forefront of digital innovation and continues to invest heavily in expanding its digital global footprint, with a suite of award-winning digital properties and a range of strategic content partnerships, commercialised through a strong data-driven understanding of audience behaviours. CNN has won multiple prestigious awards around the world for its journalism. Around 1,000 hours of long-form series, documentaries and specials are produced every year by CNNI’s non-news programming division. CNN has 36 editorial offices and more than 1,100 affiliates worldwide through CNN Newsource. CNN International is a Warner Bros. Discovery company.

 

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