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XIXILI Empowers Nursing Mothers with Expert Advice by Ricca Tai


KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 2 August 2025 – In commemoration of Breastfeeding Week 2025, XIXILI shows its commitment to inclusivity by collaborating with Ricca Tai, a licensed pharmacist with a special focus on mothercare, post-natal wellness, and breastfeeding support, to provide expert breastfeeding advice for mothers.

XIXILI's Award Winning Ultra Soft Pansy Wireless Nursing Bra
XIXILI’s Award Winning Ultra Soft Pansy Wireless Nursing Bra

“Breastfeeding can be both rewarding and challenging, particularly for new mothers learning how to express milk comfortably and effectively,” says XIXILI spokesperson Grace Tan. “It’s a deeply personal journey that requires patience, support, and the right tools to ensure both mother and baby feel nurtured throughout the experience.”

According to Grace, XIXILI remains dedicated to supporting breastfeeding mothers with thoughtfully designed nursing bras that prioritise comfort, functionality, and confidence. This combined initiative with Ricca Tai reflects the brand’s ethos of empowering mothers with products that support their needs during this important stage of life.

Expert Advice For New Mothers

When it comes to breastfeeding, Ricca advises that women obtain an accurate measurement of their nipples to help determine the correct breast shield size, which significantly impacts comfort and milk output. She advises measuring the nipple diameter (excluding the areola) in millimetres after breastfeeding or pumping and adding 2–4 mm to determine the appropriate flange size. A poorly fitted shield may cause discomfort, reduced milk flow, or nipple damage.

The Importance of Nursing Bras & Breast Pumps

Maintaining proper posture can enhance the pumping experience. An upright, well-supported position with relaxed shoulders is recommended. Hands-free pumping bras or dual-function nursing bras can help keep flanges securely in place, reducing arm strain and allowing mothers to focus on other tasks. Ricca further states that techniques such as applying warm compresses, gentle massage, and maintaining skin-to-skin contact with the baby can also support milk let-down.

When selecting a breast pump, she notes that lifestyle requirements should guide the decision. Manual or single electric pumps are suitable for occasional use, whereas double electric or hospital-grade pumps are ideal for regular pumping. For mothers who value discretion and mobility, wearable, hands-free pumps with quiet operation and leak-proof designs are practical options.

XIXILI’s Innovative Designs For Breastfeeding Mothers

The Ultra Soft Pansy Maternity Nursing Bra is designed to offer both comfort and practicality for new mothers. This seamless maternity bra is ideal for wearing at home or on casual days out, providing a wire-free, high-coverage fit.

Crafted with ultra-soft, stretchy knitted fabric, it features removable cup pads for optional shaping and coverage, a breathable centre mesh panel for better ventilation, and a wide, snug elastic band under the bust for lasting comfort. The U-shape back wing, adjustable shoulder straps, and three-panel hook fastening offer reliable support, while easy-access clips allow breastfeeding with just one hand.

By combining thoughtful design with comfort and elegance, XIXILI’s nursing bra and bralette collections are crafted to help mothers feel both supported and confident throughout their breastfeeding journey. The collections are available online and at XIXILI boutiques nationwide. For more information, visit XIXILI’s official website.

Hashtag: #XIXILI




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

XIXILI

A homegrown Malaysian brand, XIXILI offers beautiful fashion lingerie and shapewear in Malaysia that prioritises fit and comfort. With an extensive range of bra sizes from A to I and bands 65 to 110cm, XIXILI caters to women of all shapes and sizes. Expert fitters are dedicated to helping each customer find the perfect bra, boosting confidence and enhancing silhouettes.

XIXILI became the first Malaysian lingerie brand to introduce a Try-On in 3D avatar tool, allowing customers to virtually try on XIXILI lingerie using a 3D avatar tailored to their specific body type and measurements. Whether for everyday wear or something special, XIXILI ensures women always look and feel amazing.

Kepler’s Forerunner K2 “Bumblebee” Robot Completes 8-Hour Livestream at WAIC 2025, signaling major step toward real-world deployment of embodied AI in industrial settings

SHANGHAI, Aug. 2, 2025 /PRNewswire/ — The 2025 World Artificial Intelligence Conference & High-level Meeting on Global AI Governance (WAIC 2025) was held in Shanghai from July 26 to 29, spotlighting cutting-edge AI advancements and governance frameworks. Chinese robotics leader Kepler unveiled an immersive industrial exhibition, featuring its flagship Forerunner K2 “Bumblebee” humanoid robot. The robot successfully completed an 8-hour livestream, demonstrating its technical capabilities and real-world viability across four key application scenarios.


Worlds First: Bipedal Humanoid Robot Completes 8-Hour Endurance Livestream

Endurance limitations have long hindered humanoid robots real-world deployment. On July 27, Keplers Forerunner K2 “Bumblebee” set a new benchmark by completing the industrys first 8-hour nonstop livestream by a bipedal humanoid robot. From 9 AM to 5 PM, the K2 demonstrated its groundbreaking “1-hour charge, 8-hour operation” capability, setting a new endurance standard and solidifying its status as the “ultimate blue-collar robot”.

Standing 175 cm (5 ft 9 in) tall and weighing 75 kg (165 lbs), the 52-degree-of-freedom K2 captivated audiences with dynamic dance routines, blind box retrieval, interactive games (including Pictionary), and precision sorting in simulated industrial settings. 

Zhang Minliang, Hardware Director at Kepler, highlighted the Forerunner K2’s revolutionary actuator system combining planetary roller screw actuators with rotary actuators in a series-parallel configuration. The proprietary design delivers industry-leading endurance and payload capacity. The planetary roller screw actuator uses a unique “planetary transmission + threaded engagement” mechanism that enables high-load, high-precision movement while optimizing energy efficiency – achieving dynamic power savings with near-zero idle consumption.

The 8-hour endurance benchmark was strategically selected to meet real-world industrial demands, balancing technical feasibility with operational requirements. Perfectly aligned with standard logistics and manufacturing shifts, the Forerunner K2’s “1-hour charge, 8-hour endurance” capability enables seamless “9-to-5 plus overtime” workflow integration. This milestone represents the critical trifecta of commercial robotics: scenario adaptability, technological optimization, and economic practicality – ultimately delivering the optimal balance between reliable performance and cost-effective deployment for industrial applications. 

Humanoid Workforce: K2 “Bumblebee” Demonstrates Industrial Versatility at WAIC 2025

At WAIC 2025, Kepler transformed the exhibition floor into four immersive demonstration zones replicating real-world environments: logistics sorting, material handling, automotive manufacturing, and education/research. Four K2 “Bumblebee” humanoids executed precision tasks in each setting, proving their viability as next-generation industrial workforce solutions.

Industrial applications demand both strength and stamina – challenges the K2 Bumblebee overcomes through its advanced roller screw actuator system. Capable of handling 30kg (66 lb) payloads with fluid, coordinated movements, these biomimetic actuators (strategically positioned in thighs, calves and arms) deliver superior load capacity and rigidity versus conventional ball screw systems. The inhouse multi-thread contact design – integrating lead screws, reducers and encoders – enables unmatched performance in high-speed, heavy-duty industrial operations.

Precision is another critical requirement for industrial automation, and Kepler’s K2 “Bumblebee” delivers breakthrough performance. Song Hua, Vice President of Solutions at Kepler, demonstrated the robot’s Nimble Master dexterity system – featuring six-axis force wrists, 11-DoF hands, and 25 force touchpoints per finger. Supported by an integrated rotary mechanism and AI algorithms, the K2 achieves 0.01-degree positioning accuracy and millimeter-level precision. Its human-like reflexive models enable instinctive adjustments – automatically modifying grip strategies when encountering sharp objects or slippery surfaces – ensuring reliable handling of irregularly positioned items. 

The exhibition’s highlight came as the K2 successfully sorted blind box gifts by color and labeling – a task challenging for conventional automation. While traditional systems struggle with soft, deformable packaging, the K2’s purpose-designed micro-models provided real-time tactile and force feedback, enabling flawless execution. This demonstration proved the robot’s superior capability in handling real-world logistics challenges that typically require human intervention. 

The K2 “Bumblebee” achieves fluid motion through its revolutionary tri-component system: embodied perception, embodied decision-making, and embodied execution – mirroring the functional synergy between human brain and cerebellum. Kepler has strategically partnered with China’s leading reasoning-based large language model providers to develop the system’s advanced “brain” capabilities. Complementing this cognitive foundation, the K2’s bionic architecture integrates multiple cameras and sensor arrays, empowered by Kepler’s proprietary precision perception micro-models that enable real-time embodied decision-making. 

Kepler’s engineering breakthrough lies in its specialized micro-models, distilled from larger foundation models while preserving core functionality at dramatically reduced parametric complexity. These task-specific models undergo rigorous training to maximize operational success rates and stability. The K2 currently deploys multi-modal micro-models covering auditory, tactile, force and positional perception. During package handling operations, fingertip tactile sensors provide instantaneous feedback while dedicated force micro-models dynamically calculate perfect grip strength – ensuring secure manipulation of diverse objects. 

Kepler Launches Pre-Sales for K2 “Bumblebee”, Marking Major Commercialization Milestone

Kepler’s hardware-centric development strategy focuses on vertically integrated core technologies, including custom-built planetary roller screw actuators and the Nimble Master dexterity system, developed through strategic partnerships with leading manufacturers to create a comprehensive technology-to-market ecosystem. 

True to its mission of transforming industrial productivity through robotic workforce solutions, Kepler has successfully validated the K2 “Bumblebee” in real-world applications with multiple industry partners. The platform has demonstrated operational excellence in diverse scenarios, including logistics and warehouse operations (handling/sorting), manufacturing processes (stamping/feeding), education and research applications, and customer-facing roles (exhibition reception).

As the K2 “Bumblebee” enters mass production, Kepler is committed to developing region-specific application solutions tailored to local industrial standards and operational requirements. The company invites strategic partnerships across industries to co-create value and maximize the potential of humanoid robotics in real-world applications. 

Marking a historic milestone, Kepler has officially opened pre-sales for its K2 “Bumblebee” – the world’s first commercially available planetary roller screw-driven humanoid robot. The product lineup features three configurations: Bipedal Basic, Bipedal Developer and Wheeled Developer (starting at ¥248,000). Early adopters purchasing through official channels will benefit from an exclusive 10x multiplier incentive program. The launch represents Kepler’s successful transition from R&D to commercialization, paving the way for widespread adoption of embodied intelligence across global industries. 

Kepler Charts Future Path: Redefining Industries Through Hardware Innovation

The rise of intelligent robotics has ushered in unprecedented opportunities, with embodied intelligence standing at the forefront of technological advancement. Kepler remains steadfast in its “hardware-first” approach, recognizing that conventional industrial and consumer-grade components fall short of meeting humanoid robots’ demanding requirements for compact size, extreme durability, and seamless system integration. Rather than awaiting supply chain evolution, Kepler is partnering with leading publicly traded manufacturers to co-develop and validate mission-critical components – including next-generation joint modules – creating a world-class development and supply alliance for humanoid robotics. 

While maintaining hardware leadership, Kepler is simultaneously evolving its robots’ cognitive capabilities (“brain”) and motion intelligence (“cerebellum”). The commercialization of embodied AI presents formidable challenges, yet Kepler’s global expansion blueprint is strategically designed to bring Chinese humanoid robots from conceptual design to real-world application. The company is establishing new industry standards across three critical areas: usability in diverse operational environments, manufacturability at commercial scale, and practical deployment across industries. As the vanguard of this transformation, Kepler’s breakthroughs are positioned to revolutionize global production systems and redefine daily life through advanced embodied intelligence solutions. 

Global AI Data Center Infrastructure Leader Zettabyte Receives Strategic Investment from Lam Capital

Lam Capital Joins Funding Round Alongside Foxconn, Pegatron, and Wistron

TAIPEI, Aug. 2, 2025 /PRNewswire/ — Zettabyte, a fast-growing innovator in AI data center infrastructure software, today jointly announced a new strategic investment by Lam Capital, the corporate venture arm of Lam Research Corp., a global supplier of innovative wafer fabrication equipment and services for the semiconductor industry. The funding round also included participation from Wistron, Foxconn and Pegatron.

Zettabyte is transforming the AI compute landscape with its turnkey GPU cloud infrastructure as a service (IaaS) to enable next-generation AI data centers. The company’s proprietary Zware platform unifies the entire AI infrastructure software stack—from networking to full cluster management. Zware advanced liquid cooling enables a sovereign systems architecture with a focus on cybersecurity, efficiency, and scalability.

Lam Capital’s participation in the round alongside other prominent investors underscores the increasing importance of AI infrastructure as demand for GPU computing continues to outpace supply in the generative AI era. Zettabyte’s vertically integrated software-hardware model is purpose built to address this supply-demand gap, optimizing every layer of AI compute environments.

“Zettabyte operates at the intersection of two megatrends: AI and infrastructure,” said Kevin Chen, managing director at Lam Capital. “This investment highlights the importance of supporting the advancement of next-generation AI data center infrastructure solutions to enable the next wave of innovation across the semiconductor ecosystem.”

The funding round will support Zettabyte in its global expansion efforts and help accelerate the development of Zsuite. Built for end-to-end optimizations and IaaS, Zsuite is designed to significantly reduce total cost of ownership for enterprise and public-sector customers.

“We are honored to welcome Lam Capital as a strategic investor,” said Kenneth Tai, Chairman of Zettabyte. “Their support validates our mission to reimagine AI infrastructure from the ground up—merging performance, efficiency, and sovereignty in a unified platform.”

About Zettabyte
Zettabyte is a global leader in AI data center infrastructure and full-stack GPU software. Its flagship product, Zware, delivers optimized AI computing through custom hardware, advanced cooling, and software-defined orchestration.

 

Full Truck Alliance Co. Ltd. Announces Changes to Its Freight Brokerage Service

GUIYANG, China, Aug. 2, 2025 /PRNewswire/ — Full Truck Alliance Co. Ltd. (“FTA” or the “Company”) (NYSE: YMM), a leading digital freight platform, today announced changes to its freight brokerage service.

To ensure sustainability of its freight brokerage service, the Company has decided to increase the service fee rate for freight brokerage service to reduce such service’s reliance on government grants and potential uncertainties. The Company understands that such changes may increase costs to shippers. The Company expects that, starting from the quarter ending September 30, 2025, the transaction volume of its freight brokerage service will significantly decline, resulting in a decline in revenue from freight brokerage service, while the cost of revenue for such service will increase, which may adversely affect the Company’s profit to certain extent.

About Full Truck Alliance Co. Ltd.

Full Truck Alliance Co. Ltd. (NYSE: YMM) is a leading digital freight platform connecting shippers with truckers to facilitate shipments across distance ranges, cargo weights and types. The Company provides a range of freight matching services, including freight listing, freight brokerage and transaction services. The Company also provides a range of value-added services that cater to the various needs of shippers and truckers, such as financial institutions, highway authorities, and gas station operators. With a mission to empower enterprises with greater logistics competitiveness, the Company is shaping the future of logistics with technology and aspires to revolutionize logistics, improve efficiency across the value chain and reduce its carbon footprint for our planet. For more information, please visit ir.fulltruckalliance.com.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements which are made pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: FTA’s goal and strategies; FTA’s expansion plans; FTA’s future business development, financial condition and results of operations; expected changes in FTA’s revenues, costs or expenses; industry landscape of, and trends in, China’s road transportation market; competition in FTA’s industry; FTA’s expectations regarding demand for, and market acceptance of, its services; FTA’s expectations regarding its relationships with shippers, truckers and other ecosystem participants; FTA’s ability to protect its systems and infrastructures from cyber-attacks; PRC laws, regulations, and policies relating to the road transportation market, as well as general regulatory environment in which FTA operates in China; the results of regulatory review and the duration and impact of any regulatory action taken against FTA; the impact of health epidemics, extreme weather conditions and production constraints brought by electricity rationing measures; general economic and business condition; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

In China:

Full Truck Alliance Co. Ltd.
Mao Mao
E-mail: IR@amh-group.com

Piacente Financial Communications
Hui Fan
Tel: +86-10-6508-0677
E-mail: FTA@thepiacentegroup.com

In the United States:

Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: FTA@thepiacentegroup.com

BLUETTI Apex 300 Launches in Retail After Raising $5.4M, Leading 2025’s Crowdfunding Charts

LAS VEGAS, Aug. 2, 2025 /PRNewswire/ — BLUETTI, a global leader in clean energy solutions, today announced the retail availability of its flagship Apex 300 Portable Power Station. Following its highest-funded Indiegogo campaign of 2025, raising over $5.4 million from 2,564 backers by July 20—the Apex 300 is now available for a broader audience, bringing industry-leading innovation to homes and outdoor adventures. 

BLUETTI Apex 300 portable power station, a $5.4M Indiegogo success, is now available in retail—bringing its breakthrough energy and utilities innovation to a wider audience.
BLUETTI Apex 300 portable power station, a $5.4M Indiegogo success, is now available in retail—bringing its breakthrough energy and utilities innovation to a wider audience.

Since its debut, the Apex 300 has earned widespread acclaim and received several prestigious industry honors—including the 2025 Sustainability Awards from the Business Intelligence Group, the Home of the Future Award from Popular Science, and the Picks Award at CES 2025 from Residential Systems. These accolades highlight its innovation and focus on real‑world energy needs.

The Apex 300 delivers dual 120V/240V output from a single unit with a simple button press. It is a robust standalone unit with 2,764.8Wh capacity and 3,840W output, supporting emergency home backup, RVs, off‑grid cabins, and an expandable ecosystem for fully automated whole‑home backup.

Key Innovations:

  • 50A/12,000W bypass for high‑demand appliances and EVs
  • True 0ms UPS switching to prevent blackout interruptions
  • Ultra‑low 20W AC idle draw for extended standby on fridges and medical devices
  • 2nd‑gen automotive‑grade LiFePO₄ battery for up to 17 years of daily use

Early adopters praise the Apex 300 for its versatile standalone power and expandable ecosystem. Veteran reviewer Jeff Hagen logged 800+ hours of testing, highlighting upgrades from the AC300 and AC500, including improved AC standby efficiency at just 18W—ideal for home battery backup preparedness during this active hurricane season. Popular Science’s Executive Gear Editor Stan Horaczek adds: “The Apex 300 might be the most versatile portable power station yet.”

“Our focus with the Apex 300 was to create a dependable portable power station that’s easy to scale for various needs,” said James Rays, spokesperson for BLUETTI. “We’re honored that it helps bring reliable backup power within reach of everyday households.”

Apex 300 Hits Retail Shelves August 1

Starting August 1, the Apex 300 will be available through the BLUETTI Official Store and Amazon, starting at $1,599. Customers who order during the launch period can enjoy an additional 10% discount using the promo code BLUETTIAPEX.

About BLUETTI

As a pioneer in clean energy technology, BLUETTI is committed to delivering reliable and innovative portable power solutions for home backup and outdoor living. Trusted by over 3.5 million users across more than 110 countries and regions, BLUETTI continues to advance energy independence with a focus on long-term sustainability and responsible innovation. Through initiatives like LAAF (Light An African Family), the company supports broader access to clean, reliable energy in underserved regions—underscoring its ongoing commitment to environmental, social, and governance (ESG) values.

Media Contact

Ellen Lee
PR Specialist
ellenlee@bluetti.com

Harbour City Shopping Mall Unveils Hong Kong’s Grandest 50th Anniversary Celebration for My Melody, Kiki & Lala

HONG KONG, Aug. 2, 2025 /PRNewswire/ — Harbour City, Hong Kong’s most iconic shopping mall and tourist destination, has partnered with Sanrio Hong Kong this Summer to host the “My Melody・Kiki & Lala 50th Anniversary Celebration — Summer Matsuri @ Harbour City”. From 29 July to 7 September 2025, the mall transforms into a whimsical Japanese summer matsuri, offering a vibrant mix of visual spectacle, interactive experiences, and exclusive merchandise.

To celebrate the 50th anniversary of My Melody, Kiki & Lala, Harbour City presents the “Summer Hanabi Festival” at Ocean Terminal Forecourt, lighting up Victoria Harbour with LED fireworks and festive lanterns.
To celebrate the 50th anniversary of My Melody, Kiki & Lala, Harbour City presents the “Summer Hanabi Festival” at Ocean Terminal Forecourt, lighting up Victoria Harbour with LED fireworks and festive lanterns.

Located along the world-renowned Victoria Harbour, Harbour City brings the trio’s celebratory “Summer Hanabi Festival” to Ocean Terminal Forecourt, inviting visitors into a festive world with a towering 7-meter-tall Japanese styled festival stage, nostalgic game booths, and dazzling LED fireworks that light up the harbourfront sky with My Melody, Kiki & Lala’s silhouettes. My Melody appears as a taiko drum master alongside Kiki & Lala in elegant yukata, capturing the charm of a classic Japanese celebration.

The Ocean Terminal Observatory Deck transforms into Kiki & Lala’s hometown in “Kiki & Lala’s Journey in the Star of Compassion,” featuring a giant moon and starlight boat that recreate a dreamy celestial scene.
The Ocean Terminal Observatory Deck transforms into Kiki & Lala’s hometown in “Kiki & Lala’s Journey in the Star of Compassion,” featuring a giant moon and starlight boat that recreate a dreamy celestial scene.

Beyond the outdoor waterfront festivities, fans can also explore immersive installations at The Ocean Terminal Observatory Deck, that recreate the characters’ hometowns in enchanting detail. “Kiki & Lala’s Journey in the Star of Compassion” features a giant moon and 3 starlight boats, while “My Melody’s Fairytale Forest in Mariland” offers a pastel woodland escape — all set against the stunning backdrop of Hong Kong skyline.

Step into My Melody’s whimsical hometown, where pastel blooms and woodland charm recreate the fairytale forest of Mariland.
Step into My Melody’s whimsical hometown, where pastel blooms and woodland charm recreate the fairytale forest of Mariland.

The celebration continues with a themed pop-up store offering limited-edition merchandise, and exclusive dining experiences at restaurants of Harbour City. Guests can enjoy My Melody-inspired desserts at Cupping Room and Kiki & Lala-themed afternoon tea set at Lady Nara, complete with charming décor and collectible gifts.

Guests can enjoy My Melody-inspired desserts at Cupping Room and Kiki & Lala-themed afternoon tea sets at Lady Nara of Harbour City.
Guests can enjoy My Melody-inspired desserts at Cupping Room and Kiki & Lala-themed afternoon tea sets at Lady Nara of Harbour City.

@HarbourCity #HarbourCity #SanrioHK #MyMelody50thAnniversary #KikiAndLala50thAnniversary

Event Details: https://www.harbourcity.com.hk/en/article/summer-matsuri-harbour-city/

FNZ Directors Move to Silence Employee Shareholders Behind USD $4.6 Billion Class Action

LONDON, Aug. 2, 2025 /PRNewswire/ — In a dramatic escalation, the two directors who represent CDPQ and Generation on the Kiwi CayLP board, which are the largest shareholders in FNZ, have filed for an injunction in the Grand Court of the Cayman Islands aimed at blocking a trustee entity – Kiwi CayLP – from pursuing a USD $4.6 billion class action in the High Court of New Zealand.

Kiwi CayLP represents a significant portion of FNZ’s employee equity and is leading the legal challenge against FNZ Group and 17 of its current and former directors.

The claim alleges that employee shareholders were unfairly diluted through the issuance of preference shares and warrants on non-commercial terms, transferring over USD $1.5 billion in value to institutional investors.

Despite FNZ publicly stating that the case is “entirely without merit” and that it welcomes scrutiny, its directors are now seeking to reverse the board decisions of Kiwi CayLP – effectively silencing the very employees whose equity is at stake.

This is despite neither board member turning up at either of the two board meetings concerned where this decision was taken, citing they were too busy.

“This is another attempt by FNZ and its Directors to stymie the efforts of employee shareholders to simply be heard in Court on the merits of their allegations,” said one FNZ employee shareholder.

“It’s particularly egregious in this case, since their sole job as directors of this partnership entity is to represent the interests of its members, being employee shareholders, a matter in which they are obviously conflicted.”

The injunction seeks to prevent Kiwi CayLP from bringing the claim in New Zealand, where the Companies Act 1993 provides robust protections for minority and employee shareholders. The move raises serious questions about CDPQ’s and Generation’s commitment to good governance, transparency and accountability.

Background Information

FNZ operates in the savings, investment and wealth management sector globally, combining technology, infrastructure and asset custody & transaction services in a single state-of-the-art platform. It partners with over 200 financial institutions in 20 countries, who customise the platform for their customers, comprising over 12,000 independent financial advice firms and over 26 million retail investors, holding in aggregate over US$1.6 trillion in investment assets through the FNZ platform.

FNZ is the core technology, transaction and service platform underpinning the consumer investment offerings of well-known financial institutions that include firms such as Aberdeen, Allianz, Aviva, AXA, Barclays, BMO, BNZ, Colonial First State, FirstCape, Lloyds Banking Group, Munich Re ERGO, NAB, Nucleus, Quilter, Santander, Swedbank, Swiss Life, UOB and Vanguard.

The FNZ platform enables those institutions to fully digitise their offerings, significantly reduce costs to themselves and their clients and improve choice and personalisation for consumers across all demographic segments, including the mass savings and retirement market, affluent advised and high-net worth.

FNZ was founded in 2003 in New Zealand and grew over 20 years to a business that last year reported over US$1.6 billion in revenue and employed over 6,000 people, operating principally in Australia, Canada, Germany, New Zealand, the UK, Singapore, South Africa, Sweden. The UK is FNZ’s largest market, with over 60% of all UK platform assets advised and managed through a FNZ-powered platform, and FNZ customers such as Quilter, Aviva, Aberdeen, Lloyds and Nucleus leveraging FNZ capability to dominate inflows by financial advice firms into investment platforms in the UK.

The company has consistently attracted strong investment, including historically blue-chip private equity investors H.I.G. Capital and General Atlantic, as well as its current shareholders comprising institutional investors Temasek, Canadian pension funds CDPQ and CPP Investments, Generation Investment Management and Motive Partners, alongside around 2,700 current and former employees who own approx. 30% of the ordinary equity.

 

Noah Holdings and ARK Wealth Hosts Inaugural Global Chinese Wealth Management and Inheritance Summit in Singapore

—— Shaping Resilient and Innovative Allocation Strategies for the Future

SINGAPORE, Aug. 1, 2025 /PRNewswire/ — Noah Holdings Limited’s (“Noah” or “the Company”) (NYSE: NOAH, HKEX: 6686) global wealth management platform for global Chinese investors, ARK Wealth Management (“ARK Wealth”), held its inaugural ARK Global Chinese Wealth Management and Inheritance Summit (the “Summit”) on August 1, 2025, at the Ritz-Carlton in Singapore.


The event marks the Company’s first major international event since establishing its overseas headquarters for ARK Wealth in Singapore earlier this year, and carried special significance as it coincided with Singapore’s 60th anniversary of independence. To honor the milestone, Noah Philharmonic Orchestra held a charity concert at the Esplanade – Theatres on the Bay performing arts center, offering a cultural tribute to the city-state and reflecting Noah and ARK Wealth’s long-term commitment to the region.

Attended by approximately 500 investors, executives, academics, and wealth management professionals from across the globe, the Summit featured nearly 30 speakers who addressed key themes shaping today’s financial landscape, including macroeconomic trends, investment strategies for turbulent times, multigenerational wealth transfer, and the innovation-driven structural shifts impacting capital markets.

Jingbo Wang, Co-Founder and Chairwoman of Noah Holdings, commented: “For 20 years, Noah has stood by our clients through global change. Hosting this inaugural Summit in Singapore at the time of its 60th anniversary is not only a tribute to the city-state’s unique role as a global financial hub, but also a reaffirmation of our long-term commitment to building trust and resilience for global Chinese investors.” 


Zander Yin, CEO of Noah Holdings Limited, added, “This is not just a gathering; it is a strategic signal. Singapore is not only our new overseas headquarters, but also a vital hub for fostering cross-border discussions on wealth, trust, and resilience. As global Chinese investors face rising uncertainty, we believe strategic asset allocation, technological alignment, and adopting a long-term view will define the next chapter in responsible wealth management.”

Global Perspectives: Resilience in an Age of Economic Turbulence

Renowned global speakers opened the summit by sharing their views on how investors can navigate a multipolar, fractured global economy.

Jim Rogers, investor, financial commentator, and Co-Founder of the Quantum Fund reflected on recurring patterns in history and the importance of geographic diversification and contrarian investing, stressing, “History doesn’t repeat word for word but the story is always familiar. Watch where the money is going, and don’t be afraid to wait for the right moment.”

Professor Danny Quah, Li Ka Shing Professor in Economics at the Lee Kuan Yew School of Public Policy, National University of Singapore, explored Asia’s growing role in the global order, stating, “The global center of gravity is moving eastward, not just economically, but also in policymaking and innovation. Multilateralism is not dead; it is being redefined. This presents both opportunity and responsibility for the region’s wealth holders.”

In a pre-recorded fireside chat with Zander Yin, Author of The Black Swan, and Antifragile, Nassim Nicholas Taleb, explored how investors can thrive amid disorder. Drawing on his experience of living through the Lebanese civil war in the 70’s, Taleb noted that crises often escape prediction, not because there are no warning signs, but because vulnerabilities are ignored. He encouraged Chinese investors to adopt barbell strategies—combining ultra-safe assets with asymmetric, high-risk bets that benefit from volatility. To build resilience in wealth structures, he emphasized the importance of decentralization, low leverage, and high optionality—principles critical to navigating an increasingly complex and fragile world.

CIO Report: Hedging Against Inflation to Tech-Driven Deflation

During the summit, ARK Wealth released its 2025 H2 CIO Report, outlining a fundamental shift from inflation-hedged asset allocation to a technology-deflation paradigm. The report argues that while the past two decades focused on hedging against inflation and allocating to inflation-hedged assets, the next twenty years could be defined by understanding, embracing, and capitalizing on deflation driven by technological progress.

Thematic Panels: Navigating Innovation, Digital Transformation, and Global Expansion

A series of in-depth panel discussions brought together leading experts to explore how emerging technologies, shifting geopolitics, renewable energy, and alternative assets are reshaping portfolios and capital allocation. Discussions spanned the resilience of private credit, the inflation-hedging qualities of infrastructure, clean energy opportunities, the evolution of digital assets and tokenization, frameworks for alternative asset allocation, and Singapore’s enabling role as a launchpad for Noah’s global strategy. The interactive sessions sparked valuable exchanges, with audience members gaining actionable insights for navigating the challenges and opportunities ahead.

Looking Ahead

The success of the inaugural Summit reflects the Company’s global perspective, forward-looking approach to strategic wealth management, and its commitment to serve global Chinese investors across geographies with trust, sophistication, and long-term partnership.

– End –

About Noah Holdings Limited and ARK Wealth Management

Noah Holdings Limited (NYSE: NOAH and HKEX: 6686) is a leading and pioneer wealth management service provider offering comprehensive one-stop advisory services on global investment and asset allocation primarily for global Chinese high-net-worth investors. Noah’s American depositary shares, or ADSs, are listed on the New York Stock Exchange under the symbol “NOAH,” and its shares are listed on the main board of the Hong Kong Stock Exchange under the stock code “6686.” One ADS represents five ordinary shares, par value $0.00005 per share.

ARK Wealth Management, a core subsidiary under Noah Holdings Limited, is a leading provider of global wealth management services, offering one-stop financial solutions for high-net-worth global Chinese families and institutions. With a client-centric philosophy that emphasizes independence and professionalism, ARK consistently innovates its product offerings and services to address the evolving needs of its clients, delivering sophisticated wealth management strategies with a goal of becoming the preferred wealth management platform for global Chinese investors.

ARK Wealth Management currently has over USD 8.7 billion in assets under advisement (AUA). With service centers in multiple countries and regions, ARK’s team of 140+ global investment advisors focus on providing tailored, localized financial services to clients.