Home Blog Page 2287

Chao Anouvong Stadium Renovation on Track for Late 2026 Completion

Vientiane's Chao Anouvong Stadium

The renovation of Vientiane’s Chao Anouvong Stadium is on track and is expected to be completed by October 2026, the Ministry of Education and Sports said. 

The project, valued at JPY 4.171 billion (approximately USD 29 million), is funded through grant aid provided by the Government of Japan and is being implemented by Japanese contractors Hazama Ando – Toa Road JV, who won the contract through a competitive bidding process. 

The grant agreement was originally signed in December 2023, and followed by a groundbreaking ceremony on 26 March this year.

Upon completion, the stadium is expected to become the first inclusive sports facility in Laos, designed to support multiple athletic activities. 

While specific details have not been officially confirmed, prototype visuals suggest that the stadium will accommodate football, rugby, running tracks, and other field-based sports suitable for both training and recreational use.

The stadium will be entirely accessible to persons with disabilities, according to the Ministry of Education and Sports. 

It is also envisioned as a central hub for community engagement, fostering opportunities for exercise, sports, and public gatherings in the Lao capital.

First built in 1950 in the center of Vientiane capital, Chao Anouvong Stadium has long served as a venue for national sports such as football, rugby, and para-athletics, as well as community events.

The stadium is named after Chao Anouvong (King Anouvong), the King of Vientiane during the early 19th century.

Tencent Announces Global Rollout of Scenario-Based, AI Capabilities to Accelerate Industrial Efficiency

Launch of AI Agent Development Platform 3.0, available internationally via Tencent Cloud, at the 2025 Global Digital Ecosystem Summit

Tencent Cloud’s overseas client base doubled since last year; achieved high double-digit year-over-year growth over the past three years

SHENZHEN, China, Sept. 16, 2025 /PRNewswire/ — Tencent today announced the global roll-out of new scenario-based AI capabilities, empowering enterprises across diverse industries to accelerate industry efficiency and advance international growth. Announced at the 2025 Tencent Global Digital Ecosystem Summit, held at the Shenzhen World Exhibition & Convention Center from 16 to 17 September, it comprises a suite of intelligent agent applications, “SaaS + AI” solutions and large model technological upgrades.

Dowson Tong, Senior Executive Vice President of Tencent and CEO of the Cloud and Smart Industries Group, delivering a keynote speech at the 2025 Global Digital Ecosystem Summit
Dowson Tong, Senior Executive Vice President of Tencent and CEO of the Cloud and Smart Industries Group, delivering a keynote speech at the 2025 Global Digital Ecosystem Summit

“Truly usable and practical AI applications drive industrial efficiency, while internationalization charts new growth possibilities,” said  Dowson Tong, Senior Executive Vice President of Tencent and CEO of the Cloud and Smart Industries Group. “Our newly launched and upgraded solutions will support enterprises in their intelligence and internationalization journey as they build scalable and sustainable growth.”

Accelerating Implementation of Intelligent Solutions

The Tencent Cloud Intelligent Agent Strategy Panorama highlighted the global launch of Agent Development Platform 3.0 (ADP), which enables enterprises to generate and integrate intelligent, autonomous AI agents into their workflows, for scenarios such as customer service, marketing, inventory management, research, and more. Tencent is continuously iterating on various intelligent agent development frameworks like LLM+RAG, Workflow, and Multi-Agent, to help enterprises efficiently build stable, secure, and business-aligned agents using proprietary data. In addition, AI Infra’s “Agent Runtime” was also launched to provide a robust infrastructure foundation for building, deploying, and operating AI agents.

The upgraded SaaS+AI toolkit enhances office collaboration, including AI Minutes in Tencent Meetings, which has seen a year-on-year growth rate of 150% over the past year. It also supports knowledge management, such as Tencent LearnShare, currently used by over 300,000 enterprises enjoying 92% response accuracy. CodeBuddy, an AI-powered AI coding tool for developers, reduces coding time by 40% and increases R&D efficiency by 16%.

New models powered by Hunyuan, Tencent’s proprietary large language model, were announced, including Hunyuan 3D 3.0, Hunyuan 3D AI and Hunyuan 3D Studio, imbued with cutting-edge 3D generation capabilities for creators and developers in media and gaming industries, and more. Hunyuan 3D series models have been downloaded over 2.6 million times on Hugging Face, making them the most popular open-source 3D models globally.

Over the past year, Tencent’s Hunyuan large model has released more than 30 new models and fully embraced open-source development. It has gradually open-sourced models such as the hybrid inference model Hunyuan-A13B and a translation model supporting over 30 languages, along with comprehensive multimodal generation capabilities and tools for image, video and 3D content.

Fully Embrace Internationalization

At the summit, Tencent Cloud highlighted its milestones in global expansion, noting that its overseas client base has doubled since last year. Over the last three years, Tencent Cloud International has achieved high double-digit year-over-year growth globally, across Asia markets, namely Hong Kong, Southeast Asia, Japan, and more.

Today, more than 90% of leading Chinese internet companies, and 95% of leading Chinese gaming companies are also using Tencent Cloud to support their global expansion initiatives.

During the Tencent Cloud International Summit held in the afternoon, Tencent’s global partners including Converge Information and Communications Technology Solutions, DANA, e& UAE, Hong Kong Jockey Club, Fusion Bank, GoTo Group, Indosat Ooredoo Hutchison (IOH), Miniclip, MUFG Bank (China), Prosus, True IDC, and more, discussed the need for enterprises to adopt advanced cloud and AI solutions to power their next stage of growth and internationalization ambitions.

Poshu Yeung, Senior Vice President, Tencent Cloud International said, “Tencent Cloud brings to overseas enterprises our deep expertise and experience in integrating AI across our ecosystem. With the launch of new solutions such as Tencent Cloud Agent Development Platform, we hope to expand our reach globally, and serve wider industries and enterprise use-cases.”

The summit also saw Tencent Cloud International signing partnership agreements with global enterprises, from Asia Pacific companies including Datacom, IOH, Gardi Management, GoTo Group, MahakaX, MUFG Bank (China), RYDE Technologies, StoneLink, True IDC, 99 Group; to Middle Eastern companies including Coop Bank Oromia and Nativex; European companies including eMAG; and North American company InCloud.

Tencent will upgrade its Tencent Cloud internationalization strategy across three areas — infrastructure, technology products, and service capabilities — to help more enterprises across different industries to transform digitally. Today Tencent Cloud products like the Superapp-as-a-Service solution and PalmAI have been widely embraced by overseas enterprises from Asia Pacific, the Middle East and The Americas.

Tencent Cloud has introduced international versions of products such as Tencent Cloud Agent Development Platform (TCADP), CodeBuddy and Cloud Mall. These globalized solutions are designed to better accommodate local requirements and provide reliable support for high-concurrency enterprises worldwide. For instance, its EdgeOne security and acceleration platform recently integrated large language models with the Model Context Protocol (MCP) Server, resulting in the launch of EdgeOne Pages. This development significantly enhanced developer efficiency by reducing website development and deployment time from one day to merely one minute. Within three months, the platform garnered over 100,000 global users.

Tencent Cloud operates 55 data centres across 21 markets and regions, and plans to invest USD150 million in the future to build its first Middle East data center in Saudi Arabia. Simultaneously, it will build a third data center in Osaka, Japan, and establish a new Osaka office. Today, Tencent Cloud has deployed 9 global technical support centers in Jakarta, Manila, Kuala Lumpur, Singapore, Bangkok, Tokyo, Seoul, Palo Alto, and Frankfurt.

The Upcoming 8th CIIE: Countdown to Global Opportunities and Collaboration

SHANGHAI, Sept. 16, 2025 /PRNewswire/ — With the 8th China International Import Expo (CIIE) drawing nearer, preparations are accelerating across all fronts. As the world’s first import-themed national-level expo, the CIIE has consistently provided a stage for governments, businesses and international organizations to expand cooperation and unlock new opportunities in China’s dynamic market.


CIIE Wins Global Praise

At the United Nations Global Development Initiative Seminar in Geneva, the CIIE was endorsed as the gateway linking China and the global economy. UN officials noted that the Expo has become a premier platform for debuting global products, unveiling cutting-edge technologies and advancing innovative services, while demonstrating China’s commitment to openness, sustainable growth and inclusive development.

Preparations in Full Swing

This year’s event is taking shape with wide international participation. So far, more than 50 countries and international organizations have confirmed their participation in the Country Pavilion, reflecting global recognition of the Expo’s value. Overseas companies are showing robust enthusiasm: exhibition bookings have already exceeded 330,000 square meters. Notably, 170 overseas enterprises and 27 institutions will appear as eight-time full-attendance exhibitors, continuing their long-standing engagement with the CIIE.

Comprehensive Corporate Pavilion

The Corporate Pavilion will again showcase six major sectors.

From frontier technologies and sustainable solutions featured at CIIE-TECH, to global food and agricultural products presented at CIIE-FOOD, the Expo emphasizes both innovation and daily consumer needs.

Emerging industries will take center stage in CIIE-NOVA, while CIIE-MOVE introduces future-oriented mobility solutions. Meanwhile, CIIE-LIFESTYLE highlights premium consumer goods under the vision of “Better Quality, Better Life”.

Together, these areas offer participants a broad spectrum of opportunities to engage with China and strengthen global cooperation.

As the countdown continues, the 8th CIIE warmly invites exhibitors and professional visitors worldwide to join this landmark event in Shanghai this November.

Exhibitors may register here: https://www.ciie.org/exhibition/f/book/new/register?locale=en&registerFrom=no. Professional visitors can pre-book here: https://www.ciie.org/ciie/f/visitor/pre-book?locale=en.

The 8th CIIE is ready to play a vital role in revitalizing multilateral cooperation and advancing a more open global economy.

Contact: Ms. Cui Yan Tel.: 0086-21-968888 Email: exhibition@ciie.org 

 

KuCoin Congratulates Global Brand Ambassador Adam Scott on His Performance at the BMW PGA Championship

PROVIDENCIALES, Turks and Caicos Islands, Sept. 16, 2025 /PRNewswire/ — KuCoin, a leading global crypto platform built on trust, proudly congratulates its Global Brand Ambassador, golf icon Adam Scott, on his performance at the BMW PGA Championship, where he achieved a T38 finish at 9-under par. This marks Scott’s first tournament since becoming KuCoin’s Global Brand Ambassador, as well as the global debut of the KuCoin-branded golf bag. In a groundbreaking industry first, KuCoin has become the inaugural crypto exchange to feature its logo on a professional golf bag at an international elite tournament — pioneering a new chapter in crypto sports marketing.

Using the KuCoin-branded golf bag, Scott showcased not only his trademark discipline and precision but also the shared values that define his partnership with KuCoin: trust, precision, and resilience. A highlight of his Round 2 performance was a brave tee shot on the par-3 10th hole, where he attacked the pin over water and was rewarded with a birdie putt that moved him to five under par at that point. His performance at the BMW PGA Championship offered a vivid interpretation of the shared value anchor between KuCoin and Scott — “Swing Into Trust” — demonstrating how golf and crypto, though worlds apart, are united by enduring virtues.

Golf and crypto may seem worlds apart, yet both demand the same enduring virtues to thrive. Adam Scott, celebrated for his discipline, precision, and resilience, has built a career defined not only by victories but by integrity and perseverance under pressure. KuCoin, likewise, has forged its path in the volatile world of digital assets by holding itself to the highest standards of compliance, stability, and innovation. Their journeys converge on a common ethos: that trust, reliability, and progress are never claimed in a moment — they are earned through discipline, precision, and resilience over time.

“As Adam Scott continues to inspire fans with his poise and performance, KuCoin is honoured to stand beside him as he swings into trust on the global stage,” said BC Wong, CEO of KuCoin. “His consistency and resilience resonate deeply with our mission to bring trust and reliability to millions of users in the crypto world.”

About Adam Scott

Adam Scott is one of the most accomplished and respected golfers of his generation. Born in Australia, Scott turned professional in 2000 and quickly made his mark on the international stage with his trademark smooth swing and unwavering consistency. He reached the pinnacle of the sport in 2014, becoming World No. 1, and has earned more than 30 professional victories worldwide — including his historic triumph at the 2013 Masters Tournament, where he became the first and only Australian ever to win the coveted Green Jacket.

A model of longevity and resilience, Scott has competed in 97 consecutive major championships, a rare milestone that reflects both his elite performance and enduring presence at the highest level of golf. Beyond his on-course achievements, he is admired for his professionalism, integrity, and calm under pressure, making him a role model for athletes around the world.

Throughout his career, Scott has partnered with iconic global brands, underscoring his reputation for excellence, trust, and stability. Today, he continues to inspire fans worldwide, balancing competitive goals with mentoring the next generation and giving back through his foundation.

Learn more: https://www.adamscott.com/

About KuCoin

Founded in 2017, KuCoin is a leading global crypto platform built on trust, serving over 41 million users across 200+ countries and regions. With established recognition for its reliability, the platform leverages cutting-edge blockchain technology, robust liquidity solutions, and advanced user account protections to deliver a secure trading environment. KuCoin offers access to 1,000+ digital assets and solutions including Web3 wallet, Spot and Futures trading, institutional services, and payments. Recognized by Forbes as one of the “Best Crypto Apps & Exchanges” and a “Top 50 Global Unicorn” by Hurun, KuCoin holds SOC 2 Type II and ISO 27001:2022 certifications and is committed to security, compliance, and innovation under the leadership of CEO BC Wong.

Learn more: https://www.kucoin.com/

Low-carbon tech key to addressing energy demand China looks to speed up cooperation with developing nations for green transition

Editor’s note: China Daily is publishing a series illustrating the efforts being made to achieve the country’s carbon peak and carbon neutrality goals.

BEIJING, Sept. 16, 2025 /PRNewswire/ — A report from China Daily

The conflicting trajectories of a global climate crisis and the world’s ever-growing need for energy could be addressed by the transition and use of green and low-carbon technologies, and China, with its leading position in these fields, could capitalize if it can overcome some obstacles, experts said.

More than half of the population in sub-Saharan Africa lacks access to electricity, and over 2 billion people worldwide struggle to find affordable clean cooking methods, according to the International Energy Agency’s World Energy Outlook 2024.

The growing consensus has been to meet this rising demand with green, low-carbon solutions. China is expected to play a crucial role in addressing this challenge, making full use of its rapidly advancing and affordable green, low-carbon technologies.

The potential for cooperation is significant, especially through China’s green Belt and Road Initiative, yet the path forward is fraught with challenges, experts said during a roundtable forum in Beijing last week on the challenges and prospects of investing in and applying national green and low-carbon technology. The forum was part of the launch ceremony for the Green and Low-Carbon Technology Application Committee.

Obstacles exist both within developing nations and in the broader international landscape, where trade barriers that target China’s products for solar and wind power generation pose additional difficulties.

Experts suggest that while government-led cooperation platforms should enhance their effectiveness by incorporating market mechanisms, companies must also explore innovative partnership models with local stakeholders to meet the dual demands of clean energy and job creation in developing nations.

Wang Can, a professor and chairman of the school council of Tsinghua University’s School of Environment, in an interview with China Daily, highlighted the significant potential in low-carbon cooperation between China and countries involved in the Belt and Road Initiative.

“Countries participating in the Belt and Road Initiative have reached a consensus on the development of renewable energy, with most setting clear development goals,” he said.

In their efforts to promote overseas deployment of green technology, Chinese companies have not only exported equipment, but also implemented capacity building programs, providing training to local engineers to ensure sustainable project operations, Wang said.

Through the transfer of green technologies, he said China has helped many developing nations improve infrastructure, reduce fossil fuel reliance, promote industrial transformation and upgrading, and create new industrial chains.

He warned, however, of a series of challenging factors such as uneven regional development, insufficient policy enforcement, inadequate infrastructure and limited green financing.

Wang said that many developing nations still lack strong legal and market mechanisms to support a stable investment environment, which is crucial for advancing energy transition and achieving carbon neutrality.

Currently, some 34 countries, predominantly Western developed nations, have enshrined in law their carbon neutrality or net-zero goals, he said.

He added that no more than 8 percent of developing nations’ annual demand for climate finance, which stands at around $470 billion, is met.

The significant shortfall could pose challenges to implementing capital-intensive projects like clean energy and power grid infrastructure, potentially further widening the technological adaptability gap in developing nations, Wang said.

To combat this, China has partnered with development banks and green funds to attract social capital to the sector, while also developing green bonds and carbon market mechanisms to expand funding sources.

Wang warned, however, that China’s efforts may be subject to the adverse impacts of trade barriers.

“Our study estimates that if G20 countries maintain tariff barriers on green products, global solar and wind investment costs would increase by 6 percent and 3 percent, respectively, creating an additional $130 billion funding gap,” he said.

Wang added that China is attempting to solve the problem by harmonizing international rules to curb green protectionism. The country has also been adopting localized production strategies by investing in manufacturing facilities, which can bypass tariffs and foster local industrial development.

Ma Minxiang, deputy director of the Yunnan Provincial Academy of Science and Technology, has promoted collaboration on green and low-carbon technologies with South and Southeast Asian countries for over a decade.

Ma, who is also secretary-general of the China-South Asia Technology Transfer Center, said there have been few successful examples in that time, despite consistent efforts from China and the high demand for such technologies in the region.

Solar pumping systems from Yunnan have been installed in India, Pakistan, Myanmar and Thailand. “Such technologies and products are quite popular there. The technologies have been applied even in some quite remote areas,” Ma said.

He added that the limited number of successful cooperative projects for green and low-carbon development between China and South and Southeast Asian nations is largely due to insufficient enterprise participation.

Many green projects have been carried out by research institutions, and their involvement usually ended once their assigned tasks were completed, making it difficult for these projects to be sustained, he said.

Ma emphasized the crucial role of government-initiated platforms, such as the China-South Asia Technology Transfer Center, in facilitating the international expansion of Chinese companies with their products and technologies in the low-carbon sector.

Due to a lack of understanding of policies and the needs of local governments, Chinese companies often face limited avenues for entering foreign markets, he said.

Ma noted that financial support from the Chinese government for low-carbon technology transfer is limited, and foreign governmental bodies and research institutions collaborating with China on this issue often have no available funds to provide support at all.

Despite these challenges, government-initiated platforms could create a win-win situation, he said. While companies get the necessary avenues to seek business opportunities, they can also occasionally offer supplementary funding to support cooperative projects.

In the process of promoting the international expansion of China’s low-carbon technologies, it is essential to further emphasize the primary role of enterprises in order to address the issue of insufficient capacity in the recipient countries to absorb relevant technologies, said Ma.

He called on Chinese companies to focus more on localized management in their efforts to promote green, low-carbon products and technologies internationally.

Shi Hui, senior investment advisor at the Embassy of Colombia in China, agreed. She said that while multiple Chinese companies have participated in solar and wind energy development in Colombia, the country’s energy demand remains substantial.

Shi joined Colombian President Gustavo Petro on a visit to a Chinese green energy company in May, as part of his trip to China for the Fourth Ministerial Meeting of the China-Community of Latin American and Caribbean States Forum. She recalled that the president paid particular attention to distributed solar energy systems.

Such systems offer a highly viable clean energy solution for Colombia, especially given that approximately 53 percent of the country’s territory and 270,000 households are not yet connected to the national grid.

Shi offered several suggestions for Chinese companies that are willing to seize the significant energy market opportunities in Latin America.

While Chinese companies possess significant advantages in capital, technology and large-scale production, local companies often have a deeper understanding of local policies, social environments and market dynamics, she said.

“If they collaborate through joint ventures, partnerships and joint bidding, it will undoubtedly enhance their competitiveness and enable them to complement each other’s strengths,” said Shi, emphasizing the importance of having a localized operational team as a strategy for Chinese companies to mitigate operational and market risks in Latin America.

Ma Dingping, secretary general of the Chongqing Energy Research Society, advocates a “product plus service” model as an ideal strategy to promote Chinese green, low-carbon technologies internationally.

This approach emphasizes integrating service provision with product exports and more actively involving foreign partners.

When Chinese photovoltaic panels are sold abroad, for instance, they may not be installed correctly, which can lead to inefficient power generation, he said. Additionally, these facilities might lack adequate power storage solutions, resulting in suboptimal use of the photovoltaic products.

These problems underscore the importance of service provision. The significance of the “product plus service” model extends far beyond ensuring that buyers get full value from their product investments, he said.

“By selling products and offering complementary services that encourage entrepreneurship and job creation, local individuals can learn from China’s experience,” he said.

 

XTransfer and SPD Bank Shanghai Branch Enter Strategic Partnership Agreement

Jointly Building a New Ecosystem for Cross‑Border Foreign Trade Finance


GUANGZHOU, CHINA – Media OutReach Newswire – 16 September 2025 – XTransfer, the World’s Leading & China’s No.1 B2B Cross-Border Trade Payment Platform, announced the strategic partnership agreement with the SPD Bank Shanghai Branch during the “XTransfer TradeVision Summit 2025”. The partnership aims to enhance collaboration on key objectives, including local accounts, multi-currency settlement, and compliance risk control, to provide SMEs engaged in foreign trade with safer, more efficient, and more convenient global collection and cash management services, facilitating connections for businesses around the world.

Senior representatives from both sides attended the signing ceremony, including Bill Deng, XTransfer Founder and CEO and Zhang Xianfeng, Vice President of SPD Bank Shanghai Branch.
Senior representatives from both sides attended the signing ceremony, including Bill Deng, XTransfer Founder and CEO and Zhang Xianfeng, Vice President of SPD Bank Shanghai Branch.

SPD Bank has consistently embraced open innovation and continually advanced its digital strategy. The bank has strong service capabilities and professional expertise in cross-border finance, maintaining a long-standing commitment to supporting the global development of small and medium-sized enterprises (SMEs) engaged in foreign trade.

XTransfer specialises in B2B foreign trade finance and leverages technology to connect large global financial institutions with SMEs. It offers integrated solutions, including foreign trade payments and collections, multi-currency cash management, and intelligent risk control. To date, XTransfer has served over 700,000 corporate clients worldwide.

Bill Deng, Founder and CEO of XTransfer, stated, “We are excited to establish a comprehensive strategic partnership with SPD Bank Shanghai Branch. SPD Bank has significant experience and strong resources in cross-border financial services. By combining their expertise with XTransfer’s innovative technology and global network, we aim to offer SMEs engaged in foreign trade a higher-quality financial infrastructure. This collaboration will support their steady growth in the global market.”

Zhang Xianfeng, Vice President of SPD Bank Shanghai Branch, stated, “SPD Bank will continue to collaborate closely with XTransfer, aiming to achieve the goal of ‘local accounts that connect the globe and explore new opportunities in foreign trade’. We are committed to enhancing our cross-border financial service system, providing robust financial support for Chinese enterprises expanding globally, and working with all industry stakeholders to promote high-quality development in foreign trade.”

Looking ahead, the two parties will continue to enhance their cooperation on several key objectives, including local accounts, multi-currency settlement, and risk control system development. This collaboration aims to promote innovation and upgrade China’s foreign trade financial ecosystem, allowing SMEs to access cross-border financial services comparable to those offered to large multinational corporations.

Hashtag: #XTransfer #SPDBank #Crossborder #Payment #SMEs #Partnership





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

About XTransfer

XTransfer, the world-leading and China’s No.1 B2B Cross-Border Trade Payment Platform, is dedicated to providing small and medium-sized enterprises (SMEs) with secure, compliant, fast, convenient and low-cost foreign trade payment and fund collection solutions, significantly reducing the cost of global expansion and enhancing global competitiveness. Founded in 2017, the company is headquartered in Shanghai and has branches in Hong Kong SAR, the United Kingdom, the Netherlands, the United States, Canada, Australia, Singapore, Vietnam, Thailand, Malaysia, the Philippines, the UAE, and Nigeria. XTransfer has obtained local payment licences in Mainland China, Hong Kong SAR, Singapore, the United Kingdom, the Netherlands, the United States, Canada, and Australia. To date, XTransfer serves over 700,000 enterprise clients worldwide.

By cooperating with well-known multinational banks and financial institutions, XTransfer has built a unified global multi-currency clearing network and a data-based, automated, internet-based and intelligent anti-money laundering risk control infrastructure centred on SMEs. XTransfer uses technology as a bridge to link large financial institutions and SMEs around the world, allowing SMEs to enjoy the same level of cross-border financial services as large multinational corporations.

XTransfer completed its Series D financing in September 2021 and achieved unicorn status. The company has a diverse composition of international investors, including D1 Capital Partners LP, Telstra Ventures, China Merchants Venture, eWTP Capital, Yunqi Capital, Gaorong Capital, 01VC, MindWorks and Lavender Hill Capital Partners.

For more information, please visit:

Cohen & Steers Appoints John Gellatly as Senior Advisor

NEW YORK, Sept. 16, 2025 /PRNewswire/ — Cohen & Steers, Inc. (NYSE: CNS) announced today the appointment of John Gellatly as Senior Advisor. Based in London, Mr. Gellatly will work closely with Marc Haynes, Head of International Institutional Distribution, and Seth Laughlin, Head of Real Estate Strategy & Research, to strengthen the firm’s international client relationships and develop new partnerships. He will advise clients on real estate strategy, sharing his unique perspectives and investment experience integrating listed and private assets.

Mr. Gellatly has nearly four decades’ experience in real estate investing. He most recently served as CIO Real Estate for the Abu Dhabi Investment Council (ADIC) with responsibility for the oversight and management of one of the world’s largest global real estate investment portfolios. Prior to ADIC, he held senior positions at Aviva Investors and BlackRock and his experiences span a breadth of roles analyzing, investing and managing real estate assets, platforms and products and across both equities and debt, public and private markets and across geographies and sectors.

Marc Haynes, Head of International Institutional Distribution, said: 
John brings a deep understanding of the challenges facing large institutional investors in real estate together with real world implementation experience. We are thrilled to welcome him to the Cohen & Steers team and look forward to benefiting from his global network and unique expertise. His appointment demonstrates our commitment to our international clients and comes at a time when many institutional investors are seeking to reposition their real estate portfolios for the new regime. John will be a great asset, both for our clients and for Cohen & Steers.”

About Cohen & Steers. Cohen & Steers is a leading global investment manager specializing in real assets and alternative income, including listed and private real estate, preferred securities, infrastructure, resource equities, commodities, as well as multi-strategy solutions. Founded in 1986, the firm is headquartered in New York City, with offices in London, Dublin, Hong Kong, Tokyo and Singapore.

CONTACT: Robert Klemens
Vice President, Communications
media@cohenandsteers.com

Website: https://www.cohenandsteers.com
Symbol: NYSE: CNS

Forward-Looking Statements
This press release and other statements that Cohen & Steers may make may contain forward looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended, which reflect the Company’s current views with respect to, among other things, the Company’s operations and financial performance. You can identify these forward-looking statements by the use of words such as “outlook,” “believes,” “expects,” “potential,” “may,” “will,” “should,” “seeks,” “predicts,” “intends,” “plans,” “estimates,” “anticipates” or the negative versions of these words or other comparable words. Such forward-looking statements are subject to various risks and uncertainties. Accordingly, there are or will be important factors that could cause actual outcomes or results to differ materially from those indicated in these forward-looking statements. The Company undertakes no obligation to publicly update or review any forward-looking statement, whether as a result of new information, future developments or otherwise.

The Application of the Smart Drowning Prevention System by State Grid Xuzhou Power Supply Company Has Achieved Remarkable Results

XUZHOU, China, Sept. 16, 2025 /PRNewswire/ — On September 9, Mr. Chen Yiwan, Equipment Supervisor at China Tower Corporation Limited Xuzhou Xinyi Branch, visited State Grid Xuzhou Power Supply Company to inspect the operational effectiveness of the company’s smart anti-drowning system during the summer vacation period. He expressed a strong willingness to integrate the cameras installed on the three transmission towers along the Shu River into the system, thereby contributing to the enhancement of the city’s anti-drowning network.

The Xuzhou region is characterized by a dense network of waterways, and the challenge of preventing drowning incidents during the summer vacation remains significant. Traditional methods, such as manual patrols and online monitoring, often suffer from limited coverage and insufficient intelligence. To address these issues, State Grid Xuzhou Power Supply Company independently developed a smart anti-drowning system, which was officially launched on June 30. The system integrates with the existing transmission line visualization monitoring infrastructure and centrally connects to all cameras installed on transmission towers located near open water areas throughout the city. Utilizing AI-based image and behavior recognition technologies, the system continuously monitors water areas in real time.

When individuals are detected approaching hazardous waters, the system automatically activates a comprehensive triple-response mechanism: “intelligent early warning, aerial intervention, and ground coordination.” It captures real-time video footage and locks the GPS coordinates of the detected individuals. Subsequently, the “Navigator” unmanned aerial vehicle (UAV), independently developed by State Grid Xuzhou Power Supply Company, is dispatched from a nearby location to fly to the scene. Using high-altitude audio announcements, the UAV issues warnings to persuade individuals to leave the area. Simultaneously, the system sends the location details to nearby grid workers, enabling them to respond promptly and carry out necessary rescue operations, thereby establishing an integrated closed-loop drowning prevention process.

Statistical data indicate that since the system’s deployment, it has issued over 170 alerts, with more than 60% targeting situations involving children at risk. Additionally, drones have been deployed over 40 times to warn and persuade individuals playing in the water to evacuate. These interventions have significantly reduced the incidence of drowning among minors during the summer vacation period.