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Independent Commission Against Corruption (ICAC) exchanges MoU with Hungarian Integrity Authority at B&R Summit to strengthen anti-corruption cooperation

HONG KONG, Sept. 12, 2025 /PRNewswire/ — ICAC Commissioner, Mr Woo Ying-ming, exchanged a Memorandum of Understanding (MoU) with the President of Integrity Authority of Hungary at the opening ceremony of the tenth Belt and Road (B&R) Summit on Wednesday (September 10) to enhance collaboration and exchange in graft fight. The ceremony was witnessed by the Chief Executive of the Hong Kong Special Administrative Region, Mr John Lee.

1.Witnessed by the Chief Executive, Mr John Lee, the ICAC exchanges a Memorandum of Understanding with the Integrity Authority of Hungary at the tenth Belt and Road Summit.
1.Witnessed by the Chief Executive, Mr John Lee, the ICAC exchanges a Memorandum of Understanding with the Integrity Authority of Hungary at the tenth Belt and Road Summit.

The MoU was signed following a bilateral meeting between the two agencies earlier this week. President of the Hungarian Integrity Authority, Mr Ferenc Pál Biró, and his delegation were received by Mr Woo and ICAC senior directorates. They exchanged views about the anti-corruption regimes of the two places, shared graft-fighting experience and the latest anti-corruption initiatives at the bilateral meeting.

“The signing of the MoU marks the ICAC’s on-going effort to expand its international graft-fighting network in Europe under the Country’s B&R Initiative. Leveraging Hong Kong’s unique role as a ‘super connector’ between the Mainland and the global community under the “one country, two systems” principle, the ICAC will strive to showcase anti-corruption stories of the Country and those of Hong Kong to the world, and at the same time deepen anti-graft collaboration. A fair and corruption-free business environment is crucial for promoting sustainable high-quality development. The ICAC will continue to join hands with international counterparts to co-build a “Clean Silk Road”,” Mr Woo added.

Under the framework of the MoU, the ICAC and the Integrity Authority of Hungary would strengthen exchanges about anti-corruption experience, conduct seminars, conferences and/or workshops for sharing graft fighting experience, organise joint initiatives to promote integrity in the public and private sectors, and provide assistance in relation to corruption prevention etc.

Including Hungary, the ICAC has entered into nine MoUs with overseas anti-corruption agencies and international organisations since last year to foster international anti-corruption collaboration.

Laos Calls for Increased ASEAN Investment in Nature-Based Solutions

Somwang Phimmavong, Director General of the Department of Forestry, delivering the message at the 28th Meeting of ASEAN Senior Officials on Forestry in Luang Prabang on 6 July 2025.

Laos is urging ASEAN member states to ramp up investment in Nature-based Solutions (NbS) and Ecosystem-based Adaptation (EbA), calling them powerful tools for protecting forests, strengthening communities, and tackling climate change head-on.

Delivering the message at the 28th Meeting of ASEAN Senior Officials on Forestry in Luang Prabang on 6 July, Somwang Phimmavong, Director General of the Department of Forestry, warned of mounting threats to the region’s forests, including deforestation, ecological degradation, illegal logging, and land use change.

He stressed that without sustainable financing, efforts to implement NbS and EbA will fall short.

To illustrate Laos’ own approach, Somwang pointed to the country’s promotion of Payments for Forest Ecosystem Services (PfES), which help preserve forest areas while boosting local livelihoods. He also highlighted sustainable tourism as a practical way to balance income generation with biodiversity protection.

Building on this, he urged ASEAN countries to share proven financing models—such as PfES, carbon markets, pooled funds, and multi-sector partnerships – to drive greater investment in nature-based climate and conservation efforts.

With roughly 70 percent of Laos’ land classified as state forest and home to around 3,000 villages, the country stands among the world’s top ten in biodiversity richness.

Somwang concluded by calling for stronger institutional capacity and deeper regional knowledge-sharing to accelerate the rollout of effective NbS initiatives across ASEAN.

FGA Trust Showcases Hong Kong’s Institutional Strength at 2025 Inclusion Conference on the Bund


HONG KONG SAR – Media OutReach Newswire – 12 September 2025 – FGA Trust, a licensed trustee in Hong Kong, participated in the 2025 Inclusion Conference on the Bund by the invitation of InvestHK, and underscored the city’s role as a bridge between global capital flows and Asia’s fast-growing digital asset landscape. The firm’s participation highlighted the synergy between Hong Kong’s regulatory innovation and China’s financial opening, which is reshaping the future of cross-border wealth management.

Trust Structures Support Diversified Allocation

As global high-net-worth migration accelerates, demand for institutional-grade wealth management frameworks continues to rise. According to the Hong Kong Securities and Futures Commission (2024), the city’s trust market—anchored by approximately HK$1.45 trillion in assets linked to family offices and private clients—is evolving beyond its traditional focus on succession and tax planning toward broader asset allocation. At the conference, FGA Trust emphasized its ability to help international families diversify across equities, bonds, real estate, and the rapidly expanding digital asset class, all within a transparent and compliant framework.

RWA Regulation at the Center of Discussion

FGA Trust CSO Helen Chen at the Inclusion Conference.
FGA Trust CSO Helen Chen at the Inclusion Conference.

During the policy discussion, Helen Chen, Chief Strategy Officer of FGA Trust, shared insights on Hong Kong’s RWA regulatory sandbox, stressing how the framework enables innovation while balancing risk management in a controlled pilot environment. She noted that Hong Kong’s regulatory design is shifting from a static framework to an evolving testing platform, offering new opportunities for wealth managers and trustees to integrate digital assets.

Synergy Between Hong Kong and Shanghai

The Bund Conference further highlighted the complementary roles of Hong Kong and Shanghai in wealth management. For Chinese entrepreneurs and family offices, Hong Kong’s trust and cross-border frameworks provide internationalization channels, while Shanghai represents a vast onshore capital base. FGA Trust leveraged the event to engage with mainland investors, showcasing its AI-driven onboarding processes, asset-linked trust solutions, and hybrid wealth structures designed to bridge the two markets.

Through its presence at the Bund Conference, FGA Trust not only showcased Hong Kong’s strengths in global capital migration, regulatory innovation, and digital asset adoption, but also underscored the evolving mission of the trust industry: to transform from a static asset container into a dynamic platform integrating traditional and digital wealth management.

Hashtag: #FGATrust

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

New Incentives for Nature-Based Tourism Investment in Lao Forests

Adventure tourism is already popular with visitors to Laos’ stunning landscapes and can bring more revenue that benefits local people and helps preserve the environment (Photo: Swiss Contact)

World Bank Laos – A decision announced today by the Lao Ministry of Agriculture and Environment will promote nature-based tourism in forested areas of Laos.

The regulation provides incentives for small-scale private investment in national parks and protected areas through projects that create jobs, contribute to environmental preservation and build economic partnerships with communities.

The Decision on Tourism in Forest Areas is supported by a World Bank-financed business leveraging facility to attract investors from registered micro, small, and medium enterprises. The facility will provide tourism companies with advisory services on product development, training on nature-based tourism requirements, and funding for small public infrastructure, marketing, and other aspects of tourism development.

“The Lao PDR is developing sustainable private sector–driven nature-based tourism as one of the pillars of the next National Socio-Economic Plan and its National Green Growth Strategy,” said Kikeo Singnavong, Deputy Minister of Agriculture and Forestry.

“Carefully regulated tourism development can bring great benefits in both employment and income generation for local people in forested areas, providing an economic incentive for them to conserve biodiversity and natural beauty.”

Mr. Kikeo Singnavong, Deputy Minister of Agriculture and Forestry told the meeting that tourism in protected areas is a driving force for sustainable economic growth, job creation, and sustainable conservation funding. (Photo: World Bank Laos)

The business leveraging facility, part of the World Bank supported Lao Landscapes and Livelihoods project, provides three types of financing: for planning and feasibility work, challenge funds that target priority investment in particular areas, and matching funds for product development and marketing work.

Interested companies will be able to apply through prospectuses prepared by the Department of Forestry for each of the five national parks (Hin Nam No, Nam Et-Phou Louey, Nakai-Nam Theun, Phou Hin Poun, and Phou Khao Khouay) and three protected areas (Khoun Xe Nong Ma, Laving Lavern, and Yord Nam Mo-Phou Sam Soum).

“Under the business leveraging facility, companies can access funds and technical support to develop tourism that will benefit local people through jobs while preserving  the environment’s natural beauty, provided the companies meet the standards set by the government and follow protected area management plans, guidelines and regulations,” said Viengsamay Srithirath, World Bank Senior Country Officer for Laos.

Ms. Viengsamay Srithirath, World Bank Senior Country Officer for the Lao PDR, said the decision to promote nature-based tourism can generate jobs and strengthen partnerships with local communities, while also protecting forests and globally important biodiversity. (Photo: World Bank Laos)

Also attending the announcement were representatives and residents of the national parks and protected areas, related government agencies, and Inthy Deuansavanh, president of the Lao Tourism Association, who detailed some of the investment opportunities available in the eight protected areas.

The World Bank estimates that nature-based tourism could grow to provide about 10% of GDP and 10 percent of jobs in Laos.

This project aims to create job opportunities for 75,000 women alone.

eefit Far Infrared Technology Scientifically Verified by Renowned Hong Kong University: Improves Two Major Symptoms of Alzheimer’s Disease, Bringing New Hope to Brain Health Protection


HONG KONG SAR – Media OutReach Newswire – 12 September 2025 – With Hong Kong’s aging population, Alzheimer’s disease has become a major public health challenge. The Hong Kong Council of Social Service projects that by 2036, the number of people with dementia in Hong Kong will reach 280,000. Alzheimer’s disease is the most common form of the condition, accounting for approximately 65% of existing cases among elderly individuals. A recent report released by the Dean of the Faculty of Chinese Medicine at a renowned Hong Kong university stated, “Considerable resources have been invested globally in developing treatments for Alzheimer’s disease. However, for patients in the middle and late stages of the disease, various treatment options remain ineffective in halting the progression of the disease.” These treatments not only have limited effectiveness but also come with side effects, creating an increasingly urgent need for disease prevention and treatment.

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In 2025, the collaboration between the research team of that leading university in Hong Kong and Prof. Nick Wang, Founder and Head of R&D at eefit has led to a critical breakthrough. They discovered that eefit far infrared technology can simultaneously suppress β-amyloid (Aβ) deposition and tau protein hyperphosphorylation, creating an innovative solution for preventing Alzheimer’s disease. The results were published in NeuroMolecular Medicine (Volume 27, Article 34, 2025).

First Study with Evidence of Simultaneous Dual-Pathology Improvement Mechanism in Transgenic Mouse Model

To address the future need for Alzheimer’s disease prevention and treatment in Hong Kong, the research team explored non-pharmacological physical therapies. Using a TgCRND8 transgenic mouse model, they conducted a 28-day irradiation experiment with eefit far infrared light (FIR, wavelength range of 4-20μm) to evaluate its effectiveness in improving disease pathology. The study found:

  • Improved cognitive function: The FIR-treated mice group showed significant improvement in cognitive function and memory during the Morris Water Maze Test (MWMT).
  • Aβ deposition suppression: Decreased Aβ42/Aβ40 ratio in the cortex, reduced plaque deposits, and increased Aβ clearance.
  • Tau protein hyperphosphorylation inhibition: Significantly reduced tau protein phosphorylation levels at different sites, such as Thr205, Ser36, etc., and reduced the formation of neurofibrillary tangles.
  • Dual-pathway mechanism: Suppression of neuroinflammatory pathways (reduced IL-1β, TNF-α and increased IL-4) and activation of antioxidant pathways (enhanced Nrf2/HO-1 pathway), achieving dual-pathway protection.

Using a transgenic mouse model, this study confirms for the first time that eefit far infrared technology can simultaneously reduce Aβ deposition and tau protein hyperphosphorylation through physical intervention. Previous studies have only focused on single-pathology interventions, making the significance of this study on the dual-pathway improvement effect groundbreaking.

The Dean of the Faculty of Chinese Medicine at a renowned Hong Kong university said, “As a non-invasive treatment option, far infrared therapy has the potential to delay the disease progression of patients with mild cognitive impairment for several years, thereby reducing the burden on overall medical resources and providing significant assistance to families and caregivers.”

This groundbreaking discovery also provides solid scientific evidence to support the industrial application of eefit far infrared technology.

International R&D Team Drives Industrialisation Capability

To promote the transformation of far infrared technology from scientific research results to industrial applications, eefit has built a global R&D system with scientific research as its core driving force, first collaborating with the “State Key Laboratory of Quality Research in Chinese Medicine” at the Macau University of Science and Technology (M.U.S.T.) to launch the “eefit Biomedical Research Project” in the early years. In 2021, eefit further expanded its global collaboration network by partnering with “Dr. Neher’s Biophysics Laboratory for Innovative Drug Discovery”, founded by Dr. Erwin Neher, Nobel Prize Laureate in Physiology or Medicine, strengthening its R&D capability.

In recent years, multiple international journal articles have confirmed that eefit far infrared technology is effective in the fields of intestinal microecology, rheumatoid arthritis, cerebral stroke, neuroinflammation, and immunomodulation.

Market Response and Social Responsibility Are Equally Important

In tandem with advancing scientific research, eefit is also dedicated to upholding our social responsibilities. In 2024, eefit launched the “eBrain Movement”, which provided brain health services to 212,000 people across our retail stores in Hong Kong. User feedback showed improvement in their bodily conditions, including neurodegenerative symptoms such as headaches, tinnitus, hair loss, hand tremors, nocturia, etc., with unanimous reports of improved sleep quality after treatment. Both this programme and academic research have proven the remarkable effect of eefit far infrared technology in the fields of brain health, sub-health of the middle-aged and elderly, and auxiliary treatment of complex diseases.

Multidimensional Breakthrough in Managing Sub-Health in the Middle-Aged and Elderly​

Based on this technology, eefit has already developed a variety of products, building an all-encompassing “Prevention + Maintenance + Adjustment” health management system, meeting the diverse needs of the middle-aged and elderly population from disease prevention to daily health management:

  • Alzheimer’s disease prevention: Reduces Aβ deposits and abnormal tau proteins, reducing the risk of disease.
  • Brain health: Relieves neurological problems such as effects of stroke, and enhances brain vitality.
  • Chronic pain care: Relieves pains such as neck/shoulder/lower back/leg pain, and rheumatoid arthritis, etc.
  • Digestive system regulation: Optimizes gut microbiota and enhances nutrient absorption.

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

About eefit

Based in Hong Kong, eefit has services available throughout the city. With leading service coverage and an innovative product matrix, we provide customers with convenient and efficient health management solutions. This Alzheimer’s disease pathology improvement study further verifies that eefit far infrared technology can put scientific research into practice in daily life. eefit is committed to ongoing investment in technological R&D to propel the advancement and innovation in health technology.

Contact email: Dept-BD@eefit.com

Company website:

Facebook page: Facebook.com/eefit

Zoomlion Delivers its First Germany-Made Knuckle Boom Crane, Strengthening European Localization Strategy

FRANKFURT, Germany, Sept. 12, 2025 /PRNewswire/ — Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion”) today announced the successful rollout and delivery of its first knuckle boom crane from its Wilbert subsidiary factory in Germany. The delivery to a Slovak customer marks another significant step in advancing the company’s European localization strategy and strengthening its presence in the region.

Zoomlion Delivers its First Germany-Made Knuckle Boom Crane, Strengthening European Localization Strategy
Zoomlion Delivers its First Germany-Made Knuckle Boom Crane, Strengthening European Localization Strategy

The newly delivered ZLK7600V803 knuckle boom crane represents the integration of Zoomlion technology with European manufacturing capabilities. Built on a locally sourced Scania chassis, the model meets CE certification and European road transport regulations. Designed for demanding European operating conditions, it delivers strong lifting performance, high reliability, and cost efficiency, ensuring versatility for material handling and hoisting tasks across the continent.

The delivery was warmly received by the Slovak client, who emphasized that the crane symbolizes three decades of commercial cooperation between Slovakia and China. The company expressed that expanding its crane business with Zoomlion represents not only a practical addition to its fleet, but also a meaningful milestone reflecting a long-standing partnership.

The Wilbert factory, acquired by Zoomlion in 2018, has evolved from a single-purpose tower crane manufacturer into a multi-category industrial base covering tower cranes, concrete machinery, and mobile cranes. This transformation is central to Zoomlion’s strategy of building a comprehensive European production network. Earlier this year, the company broke ground on the second phase of its German factory in Waldlaubersheim and inaugurated a new aerial work platform plant in Hungary. These projects aim to create an integrated hub for product display, sales, manufacturing, and service in Europe, improving supply efficiency and responsiveness to local markets.

Zoomlion’s investment in Germany has been recognized by local leaders. At the groundbreaking ceremony for the factory’s second phase, Dr. Joe Weingarten, Member of the German Bundestag, described the project as a symbol of deepening Sino-German economic cooperation. He emphasized the region’s favorable infrastructure, skilled workforce, and strong technical base, underscoring the potential for mutual success.

With 13 overseas R&D and manufacturing bases and operations in more than 170 countries and regions, Zoomlion is committed to combining localized manufacturing with global expertise. The company will continue to broaden its European product portfolio and enhance service responsiveness, further consolidating its position as a leader in intelligent equipment manufacturing worldwide.

Kindness Is Cool: New Survey from Disney On Ice Reveals Evolving Definition of Heroism Among Today’s Youth

LONDON, Sept. 12, 2025 /PRNewswire/ — Today’s heroes aren’t just found in capes or costumes, they’re in classrooms, communities, and everyday moments. While many children still associate heroism with beloved Disney characters (44%), a new study exploring modern-day heroism polling 2,000 UK parents and children aged 5–11 reveals a broader shift: Brits are just as likely to see heroic qualities in real people around them as they are in films and TV (66%).

 

 

When asked to identify the most important traits of a hero, children chose bravery (57%), helping others (44%) and kindness (28%), placing these above more traditional traits like strength (41%) and speed (18%). Commissioned by Disney On Ice in anticipation of its new tour, Disney On Ice presents Find Your Hero, the research uncovers how families define heroism in 2025.

More than half of children associated the word hero with ‘superheroes’ (57%), with Disney characters following closely (44%). However they also looked closer to home, with over a third (39%) of kids connecting the word ‘hero’ to parents or caregivers, and 35% to emergency service workers. Teachers (24%) were cited far more often than celebrities and influencers (9%), and only 16% said they find heroes on social media.

Regardless of age, Disney continued to inspire parents with the meaning of true heroism with eight in ten of them still believing that Disney characters help to teach what it means to be a hero (81%). When asked to name the most heroic Disney character, Moana came out on top among children (22%) for her bravery and determination, while Elsa came in second.

Taking the findings into account, the Disney On Ice cast put TV stars and athletes Montell Douglas and Zack George through a series of daring challenges on ice putting heroic qualities to the test. From high-speed sprints and precision lifts to balance and agility tests, Montell and Zack were put through their paces in a friendly competition designed to test both physical ability and teamwork. Their goal? To see how their own heroic qualities matched up to those of the Disney On Ice pros and prove that bravery isn’t limited to the screen or the stadium.

Montell Douglas said, “As a young athlete, I was inspired by the people around me – coaches, teammates, and family – who showed resilience and drive every day. Taking on something new like skating with Disney On Ice reminded me how important it is to embrace challenges, even if you stumble along the way.”

Disney On Ice presents Find Your Hero skates into the UK from the 29th October 2025 – 4th January 2026, where audiences will discover what it truly means to be a hero, as Mickey Mouse, Minnie Mouse and friends from the Disney kingdom come together to bring timeless tales to life. The show will be visiting Birmingham, Nottingham, Newcastle, Aberdeen, Belfast, Manchester, Sheffield and London, with tickets on sale now at www.disneyonice.co.uk.

 

Montell Douglas and Zack George partner with Disney On Ice, exploring what it means to be a true hero, in celebration of upcoming tour Disney On Ice presents Find Your Hero
Montell Douglas and Zack George partner with Disney On Ice, exploring what it means to be a true hero, in celebration of upcoming tour Disney On Ice presents Find Your Hero

 

PotisEdge and Lion Power Forge Strategic Partnership to Drive Innovation in North American Material Handling Energy Solutions

LAS VEGAS, Sept. 12, 2025 /PRNewswire/ — PotisEdge, a world-leading provider of energy storage systems, recently signed a landmark agreement with Lion Power, the originator of Autonomous Power Management (APM) systems for the Material Handling market, at RE+ 2025. This further strengthens the strategic partnership between the two companies to work together on leading edge technologies to innovate in this important market segment. This collaboration highlights their joint dedication to providing cutting-edge energy solutions for the material handling sector in North America.

PotisEdge Signs with Lion Power
PotisEdge Signs with Lion Power

This new strategic cooperation agreement deepens PotisEdge’s long-term partnership with Lion Power. Over the years, the two companies have maintained a stable and in-depth collaborative relationship, with Lion Power recognizing the performance and quality of PotisEdge’s products, and acknowledging their contribution to market expansion. Based on years of trust and cooperation, the two parties have agreed to steadily increase annual sales penetration in this large addressable market of over 1,000,000 installed forklifts. This strategic agreement solidifies their long-term partnership and is expected to further deepen collaboration and achieve mutual benefits in the long term.

Breakthrough Expansion in the North American Market
Under the newly signed agreement, PotisEdge will provide advanced intelligent battery management systems for North American material handling equipment. Leveraging the strength of Lion Power’s award-winning Autonomous Power Management system, the companies plan to achieve annual deliveries exceeding 10,000 battery systems to the North American material handling market. This partnership will address current industry pain points managing forklift power, which will significantly enhance the competitiveness of both companies in the power battery market. It also marks a breakthrough in PotisEdge’s strategic presence in North America, establishing a solid foundation for sustained growth in the region.

Accelerated Localization for Sustainable Development
This collaboration will greatly strengthen PotisEdge’s localization efforts in the North American market, including regional production, bespoke support systems and optimized material handling. These initiatives will ensure long-term operational stability and responsiveness to customers, establishing a foundation for continued success in the region.

Addressing Industry Challenges Through Technological Innovation
The partnership will focus on deploying high-efficiency power batteries and energy storage solutions designed to address critical customer concerns such as operational efficiency, total cost of ownership and sustainability requirements. By combining PotisEdge’s advanced technology with Lion Power’s market leading autonomous power management solutions, the two companies will strengthen their competitive advantage in the evolving material handling energy sector.

Proven Expertise and Future-Oriented Solutions
With over a decade of experience in core energy technologies, PotisEdge has deployed its solutions worldwide. This experience demonstrates the company’s advanced capabilities in power battery technology and engineering excellence. Its leading 65% market share in the global electrification of specialized airport vehicles highlights the reliability and applicability of its solutions. The annual sales volume of the cooperation with Lion Power will double, reflecting strong growth momentum and a shared vision to shape the future of energy for the material handling industry.

About Lion Power, LLC

Lion Power is the originator of the first Autonomous Power Management (APM) system for the worldwide Material Handling market. Lion Power is revolutionizing Battery Power management for forklifts and has received numerous industry awards including Product of the Year from Plant Engineering. Lion Power was Incorporated in 2020, and is located in Greenville, SC.

About PotisEdge

PotisEdge, headquartered in Vancouver, Canada, is a globally recognized leader in energy storage system (ESS) integration, ranked as a Tier 1 ESS provider by BloombergNEF and a Global TOP3 ESS Integrator by InfoLink in 2024. With over 13 years expertise in the ESS industry, PotisEdge combines patented 5S technologies (BMS, ICCS, EMS, TMS, PCS) and automotive-grade manufacturing standards to deliver high-performance, sustainable solutions.

PotisEdge maintains wholly-owned subsidiaries across Sweden, the U.S., Australia, Singapore, and Hong Kong SAR, with manufacturing bases located in Suzhou, China and Atlanta, the U.S.. It currently operates 31GWh of production capacity, targeting expansion to over 100GWh by 2028. PotisEdge combines cutting-edge innovation, operational excellence, and financial stability to serve C&I and utility-scale clients worldwide.

PotisEdge with Lion Power
PotisEdge with Lion Power