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ZEISS showcases comprehensive workflow for full spectrum of retina care at EURETINA

At EURETINA 2025, ZEISS Medical Technology combines its diagnostic, surgical and digital technologies to support healthcare professionals in advancing retinal care:

  • IMPROVE PATHOLOGY DETECTION: Now CE mark approved, CIRRUS® PathFinderTM AI decision support tool streamlines OCT data review; ICGA for CLARUS® 700 offers FA + ICG simultaneous capture.
  • ACCELERATE RETINA RESEARCH: AI-ready ZEISS Research Data Platform (RDP) empowers retina specialists to transform their clinical hypotheses into measurable outcomes through smarter, more efficient research.
  • TRANSFORM VITREORETINAL TREAMENT: TDC VELOCETM, the new high-speed cutter for the DORC EVA NEXUSTM platform, unlocks new possibilities for the platform’s proprietary VacuFlow VTi fluidics, further enabling the capabilities of the SMART IOPTM system of the EVA NEXUS to provide constant intraoperative stability during surgery on one of the market’s most advanced dual-function, vitreoretinal and cataract surgical systems.
  • SETTING THE PACE IN VISUALIZATION: ZEISS ARTEVO 850 and ZEISS ARTEVO 750, now with updated ZEISS CALLISTO eye software, support confident decision making and elevate the surgical workflow in vitreoretinal and combined phacovitrectomy procedures.

JENA, Germany, Aug. 26, 2025 /PRNewswire/ — ZEISS Medical Technology will showcase its most advanced and comprehensive retina portfolio yet — spanning from pathology detection and assessment to planning and treatment — at the European Society of Retina Specialists (EURETINA) conference in Paris, France, from Sept. 4 – 7, 2025. ZEISS is one of very few companies offering the full spectrum of retinal care, combining diagnostic imaging, digital workflow tools and vitreoretinal surgical technologies, to support data continuity, procedural efficiency, and clinical decision-making across the retina care pathway.

 

CIRRUS PathFinder from ZEISS

“At ZEISS, we continue to enhance the ZEISS Retina Workflow with new capabilities, to help empower clinicians who are redefining vitreoretinal surgery and advance retinal care,” says Magnus Reibenspiess, Head of Strategic Business Unit Ophthalmology at ZEISS Medical Technology. “We’re excited to continue leading in this area and meeting the evolving needs of surgeons from around the world with one of the few end-to-end retina ecosystems in the industry.”

“By combining the strengths of ZEISS and DORC, we’re reducing complexity to help enable retina specialists around the world to diagnose earlier, treat with greater precision, and monitor more effectively – through an expanding connected workflow,” says Pierre Billardon, Head of Business Sectors Surgery Posterior Segment at ZEISS Medical Technology and CEO of DORC International.

Enhanced diagnostic offerings help detect pathology efficiently and with certainty

ZEISS will highlight recent enhancements to its diagnostic portfolio within the ZEISS Retina Workflow, including the integration of digital tools aimed at supporting clinicians in detecting pathology more efficiently and precisely. At EURETINA, ZEISS will showcase several of these innovations, including:

  1. CIRRUS® Pathfinder™ now with CE mark approval. This innovative clinical support tool uses integrated artificial intelligence (AI) to assist in automatically identifying abnormal macular OCT B-scans. As part of the latest CIRRUS software release, PathFinder1 leverages proprietary deep learning algorithms to support OCT interpretation and improve OCTA image quality and multi-layer segmentation to help elevate diagnostic workflows and enhance patient care.
  2. CLARUS® 700 with ICGA. The updated CLARUS software provides high-resolution early phase to late phase ultra-widefield imaging. New features include standalone ICG, simultaneous FA-ICG capture and an added movie mode for all angiography modalities: standalone FA, standalone ICG and simultaneous FA-ICG.2
  3. ZEISS Research Data Platform (RDP). The secure, cloud-based, AI-driven solution is designed for multi-center research and real-world clinical evidence, empowering retina specialists to transform their clinical hypotheses into measurable outcomes. With built-in support for AI algorithm training and biomarker generation, the ZEISS RDP allows researchers to harness complex data and drive innovation without compromising on compliance or collaboration.

Attendees can learn more about the latest diagnostic offerings within the ZEISS Retina Workflow at the ZEISS booth #2.B20:

  1. Experience how the ZEISS RDP enables retina specialists to train AI models, generate biomarkers, and scale collaborative research across institutions on Thursday, Sept. 4, from 10:00 – 10:30 am CEST.
  2. Dr. Ricardo Leitao Guerra presents, “ZEISS Retina Workflow in the Real World: OCTA, FA, ICGA in Clinical Application,” on Thursday, Sept. 4, from 2:30 – 3:00 pm CEST.
  3. Dr. Harvey Uy presents, “Clinical Study Results: Comparison of image review parameters from two different optical coherence tomography analytical workflows,” on Friday, Sept. 5, from 2:30 – 3:00 pm CEST.

ZEISS innovation transforms treatment approaches for vitreoretinal surgery

With the ongoing integration of solutions from DORC, the ZEISS Retina Workflow solutions aim to help enable surgeons with increased predictability and efficiency in vitreoretinal surgery, offering a digitally connected portfolio from diagnostics through surgery and post-op care, supporting more precise planning and execution of surgical maneuvers.

ZEISS is introducing TDC VELOCE™ from DORC at EURETINA, a new high-speed cutter for the EVA NEXUS™ phacovitrectomy system that enables SMART IOP™ for posterior surgery to provide constant intraoperative stability. TDC VELOCE combines performance, control, stability and a new ergonomic design that offers improved aspiration flow for 25G/27G, a higher cut speed of up to 20k CPM3, an ergonomic, contoured soft grip, and increased shaft stiffness for ease of reaching the periphery and shaving the vitreous base.

“With TDC VELOCE we were able to raise the limits of flow and rigidity. TDC VELOCE in combination with EVA NEXUS SMART IOP for posterior surgery sets new standards in IOP stability during vitreous shaving,” shared TDC VELOCE co-developer Professor Mitrofanis Pavlidis, MD, PH.D., Augenzentrum Köln, Germany.

Attendees can learn more about the latest surgical offerings within the ZEISS Retina Workflow at the ZEISS booth #2.B20:

  1. Professor Pavlidis presents the TDC VELOCE next-generation, high-speed cutter for EVA NEXUS on Saturday, Sept. 6, from 11:30 – 12:00 pm CEST.

At EURETINA, ZEISS will also showcase updates on the ZEISS CALLISTO eye® software for ZEISS ARTEVO 750 and ZEISS ARTEVO 850. The updated ZEISS CALLISTO eye software allows for visualization of retinal structures on the 3D screen of the ZEISS ARTEVO 850 with up to 30% higher magnification.4 Advanced camera settings, including automatic exposure control, provide customization of the visualization experience to the surgeon’s individual preferences. In addition, the software update now also offers reference image matching for toric IOL implantations in either the eyepiece of the ZEISS ARTEVO 750 or the 3D monitor of the ZEISS ARTEVO 850 as well as optional 3D recording on the ZEISS ARTEVO 850.

ZEISS is showcasing additional innovations within the ZEISS Retina Workflow at EURETINA, including:

  1. the ARTEVO® 850 3D digital ophthalmic microscope offering customizable 3D digital visualization, true color imaging with high fidelity display, and an expanded depth of field (DoF);
  2. single-use lenses for the RESIGHT® fundus viewing system providing retinal surgeons with a clear and uncompromised view for every surgical procedure in the posterior segment, while also offering all the advantages of single-use lenses;
  3. and the EVA NEXUS™ surgical system from DORC, one of the market’s most advanced dual-function, vitreoretinal and cataract surgical systems, offering surgeons a more responsive platform designed to combine efficiency, precision, and control.

ZEISS will showcase its latest diagnostic and surgical offerings and new innovations at the European Society of Retina Specialists (EURETINA) conference from Sept. 4 – 7, 2025, at booth #2.B20.

For more information, visit www.zeiss.com/med.

1 ZEISS PathFinder works on all current ZEISS CIRRUS devices: 500, 5000, 6000, however RDB2 is for ZEISS CIRRUS 6000 data only.
2Not for human use in the EU.
3TDC VELOCE has a cut speed of up to 10.000 cpm and is designed to facilitate cutting tissue on the return of each stroke of the vitrectome, effectively doubling the cut speed.
4 compared to ZEISS CALLISTO software 5.0.

Not all products, services or offers are approved or offered in every market and approved labeling and instructions may vary from one country to another. For country-specific product information, see the appropriate country website. Product specifications are subject to change in design and scope of delivery as a result of ongoing technical development. The statements of the healthcare professionals reflect only their personal opinions and experiences and do not necessarily reflect the opinion of any institution that they are affiliated with. The healthcare professionals alone are responsible for the content of their experience reported and any potential resulting infringements. Carl Zeiss Meditec AG and its affiliates to not have clinical evidence supporting the opinions and statements of the health care professionals nor accept any responsibility or liability of the healthcare professionals’ content. The healthcare professionals have a contractual or other financial relationship with Carl Zeiss Meditec AG and its affiliates and have received financial support. 

Contact for investors
Sebastian Frericks
Head of Group Finance & Investor Relations
Carl Zeiss Meditec AG
Phone: +49 3641 220 116
Mail: investors.med@zeiss.com

Contact for the press
Frank Smith
Head of Global Communications Ophthalmology
Carl Zeiss Meditec AG
Phone: +49 3641 220 331
Mail: press.med@zeiss.com

www.zeiss.com/newsroom

Brief Profile

Carl Zeiss Meditec AG (ISIN: DE0005313704), which is listed on the MDAX and TecDAX of the German stock exchange, is one of the world’s leading medical technology companies. The Company supplies innovative technologies and application-oriented solutions designed to help doctors improve the quality of life of their patients. The Company offers complete solutions, including implants and consumables, to diagnose and treat eye diseases. The Company creates innovative visualization solutions in the field of microsurgery. With 5,730 employees worldwide, the Group generated revenue of €2,066.1m in fiscal year 2023/24 (to 30 September).

The Group’s head office is located in Jena, Germany, and it has subsidiaries in Germany and abroad; more than 50 percent of its employees are based in the USA, Japan, Spain and France. The Center for Application and Research (CARIn) in Bangalore, India and the Carl Zeiss Innovations Center for Research and Development in Shanghai, China, strengthen the Company’s presence in these rapidly developing economies. Around 39 percent of Carl Zeiss Meditec AG’s shares are in free float. Approx. 59 percent are held by Carl Zeiss AG, one of the world’s leading groups in the optical and optoelectronic industries.

For further information visit: www.zeiss.com/med

ZEISS Research Data Platform (RDP)
ZEISS Research Data Platform (RDP)

 

TDC VELOCE from DORC
TDC VELOCE from DORC

 

ZEISS ARTEVO 850 with CALLISTO eye Retina OCT
ZEISS ARTEVO 850 with CALLISTO eye Retina OCT

 

Fescaro joins Auto-ISAC as top-tier innovator partner

SUWON, South Korea, Aug. 26, 2025 /PRNewswire/ — This is an article published in The Korea Herald:

South Korean mobility software solutions provider Fescaro(https://www.fescaro.com/en/) said on Tuesday that it has officially signed an innovator partnership with Auto-ISAC in the US.

Auto-ISAC is a global automotive cybersecurity organization that uses a collaborative system to share industry intelligence and jointly respond to cyber threats.

About 80 global companies are participating, including the three major American automakers, including General Motors, Ford and Stellantis. Other global automakers such as Toyota and Hyundai Motor Company, along with US government officials, are also actively engaged.

Auto-ISAC operates a partnership program to strengthen response capabilities and expand collaboration within the industry. The Innovator Partnership is the highest level of partnership for industry-leading companies.

Fescaro provides a field-proven, integrated security platform tailored to the automotive industry, supporting the transition to software-defined vehicles and ensuring cyber resilience throughout the vehicle’s entire lifecycle.

“Automotive cybersecurity is a team sport that requires the entire ecosystem to work together,” said Hong Seok-min, CEO of Fescaro. “Based on the expertise recognized at Auto-ISAC, we will strengthen strategic collaboration with global partners and contribute to enhancing industry intelligence.”

Daqo New Energy Announces $100 Million Share Repurchase Program

SHANGHAI, Aug. 26, 2025 /PRNewswire/ — Daqo New Energy Corp. (NYSE: DQ) (“Daqo New Energy,” the “Company” or “we”), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that its board of directors has approved a US$100 million share repurchase program, effective today through December 31, 2026.

The board of directors has authorized Daqo New Energy to repurchase up to US$100 million worth of its own issued and outstanding ordinary shares or American depositary shares representing ordinary shares in open-market purchases, in negotiated transactions off the market, in block trades or through other legally permissible means in accordance with applicable United States securities laws.

The Company expects to fund the repurchase primarily out of its existing cash balance. The repurchase program does not obligate Daqo New Energy to acquire any number of ordinary shares or ADSs at any specific time. The board of directors will review the share repurchase program periodically and may authorize adjustments of its terms and size accordingly.

Mr. Xiang Xu, Chairman and Chief Executive Officer of the Company, said, “The share repurchase program reflects our confidence in the Company’s business prospects as we navigate the current industry downcycle. We remain committed to achieving sustainable growth and creating long-term value for our shareholders. The timing, quantity, and price of any repurchases will depend on the Company’s operational performance and market conditions, as well as compliance with corporate governance and regulatory requirements, including any applicable blackout period.”

About Daqo New Energy Corp.

Daqo New Energy Corp. (NYSE: DQ) (“Daqo” or the “Company”) is a leading manufacturer of high-purity polysilicon for the global solar PV industry. Founded in 2007, the Company manufactures and sells high-purity polysilicon to photovoltaic product manufacturers, who further process the polysilicon into ingots, wafers, cells and modules for solar power solutions. The Company has a total polysilicon nameplate capacity of 305,000 metric tons and is one of the world’s lowest cost producers of high-purity polysilicon.

For more information, please visit www.dqsolar.com.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under 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 “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “might,” “guidance” and similar statements. The Company may also make written or oral forward-looking statements in its reports filed or furnished to the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, all of which are difficult or impossible to predict accurately and many of which are beyond the Company’s control. 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: the demand for photovoltaic products and the development of photovoltaic technologies; global supply and demand for polysilicon; alternative technologies in cell manufacturing; the Company’s ability to significantly expand its polysilicon production capacity and output; the reduction in or elimination of government subsidies and economic incentives for solar energy applications; and the Company’s ability to lower its production costs. Further information regarding these and other risks is included in the reports or documents that the Company has filed with, or furnished to, the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date hereof, and the Company undertakes no duty to update such information or any forward-looking statement, except as required under applicable law.

 

Linklogis Releases 2025 Interim Results, Accelerating Global Digital Asset and Stablecoin Deployment

SHENZHEN, CHINA – Media OutReach Neswire – 26 August 2025 – On August 26, 2025, Linklogis Inc. (09959.HK, “Linklogis”) released its interim results. In the first half of 2025, the total transaction volume processed by its technology solutions reached RMB 203.6 billion. The total revenue and income amounted to RMB 374.5 million. The number of anchor enterprise and financial institution customers for its supply chain finance technology solutions increased by 244, bringing the total to 1,352, up 22% compared with 2024. Cumulatively, Linklogis has empowered over 380,000 SMEs to access digital, inclusive fintech services.

In the first half of 2025, the company remained firmly focused on its core business strategy, accelerated transformation and upgrading, and advanced organizational streamlining, which lowered operating expenses. Linklogis continually improved operational efficiency and enhanced cash flow, with cash reserves reaching RMB 5.4 billion, an increase of RMB 300 million from the balance as of December 31, 2024.

Furthermore, Linklogis fully launched its global trade finance digital asset strategy in the first half of 2025. The company introduced its innovative “Stablecoin+” initiative centered on the Digital Trade Token (DTT) and Asset-Backed Token (ABT), laying a forward-looking foundation for global supply chain finance applications and scenarios based on compliant stablecoins.

At the same time, reflecting the Board and management’s confidence in the company’s ability to deliver steady growth around its core strategies of “AI + industrial finance” and digital assets, Linklogis commits to a share repurchase of no less than USD 80 million over the next 12 months.

Multi-tier Transfer Cloud Becomes the Main Growth Engine, Accelerating Business Model Transformation and Upgrade

Amid global macroeconomic fluctuations and ongoing industry adjustments, Linklogis accelerated its business model transformation, continually improving operational efficiency and enhancing cash flow in the first half of 2025, thereby achieving steady and quality-oriented development. During this period, the total transaction volume of supply chain assets processed by its technology solutions reached RMB 203.6 billion.

Linklogis supply chain fintech solutions include Anchor Cloud, which comprises the Multi-tier Transfer Cloud and AMS Cloud, and FI Cloud, which comprises ABS Cloud and eChain Cloud. As the core segment of the company, the Multi-tier Transfer Cloud demonstrated strong performance, processing a total volume of supply chain assets amounting to RMB 133.2 billion, a year-on-year increase of 54%.

In the FI Cloud segment, Linklogis innovative receivables financing solutions for anchor enterprises deepened penetration among major infrastructure customers and expanded into emerging sectors like renewable energy in the first half of the year. In the ABS Cloud segment, the total volume of supply chain assets it processed reached RMB 9.6 billion, representing a sharp increase from the prior year. At the same time, the company concentrated on digital intelligence transformation solutions for financial institutions, strategically downscaling its low-margin business. During this period, the total volume of supply chain assets processed by eChain Cloud was RMB 26 billion.

Linklogis continued to acquire a broad and diverse range of business partners and gradually implemented innovative “de-anchored” scenario solutions on a larger scale. The company has assisted Yunnan Construction and Investment Holding Group, China Railway 25th Bureau Group Corporation Limited, Luzhou Laojiao, Shandong Xingang Group and others in offering financing product solutions without clear debtor’s acknowledgment, which included purchase order financing and receivables e-loan, continuously optimizing its product portfolio. In the first half of 2025, the number of anchor enterprise and financial institution customers for Linklogis supply chain finance technology solutions rose by 244 to reach a total of 1,352, an increase of 22% from 2024. The overall customer retention rate hit 99%, up from 96% in 2024.

AI + Industrial Finance as Dual Growth Drivers, Strategic M&A Expanding Product Matrix

As a leader and pioneer in the supply chain finance technology sector, Linklogis has continued to deploy and make strides in cutting-edge fields such as artificial intelligence and blockchain. The goal is to enhance efficiency and reshape the value system across the entire supply chain through technological innovation, supporting a high-quality inclusive finance system.

In the realm of AI, Linklogis has built a comprehensive full-stack technology matrix centered on supply chain finance. By integrating leading domestic large language models (LLMs) such as DeepSeek and Qwen with its own proprietary knowledge graph and multi-dimensional data, the company has accelerated the upgrade of its vertical model, LDP-GPT, while efficiently integrating and deploying its AI capabilities.

In the first half of 2025, Beelink AI, based on Linklogis LDP-GPT model, has refined several core capabilities, with significant upgrades to two core applications: intelligent trade documents checking and intelligent registration. These enhancements have been deployed as SaaS or on-premises solutions in over 30 anchor enterprises and financial institutions, including Standard Chartered Bank, assisting them in achieving high-quality digital transformation.

In terms of scenario expansion, Linklogis completed the strategic acquisition of Bytter Technology Co., Ltd. (“Bytter Technology”), broadening its product and service matrix and improving operating efficiency to support long-term, steady growth. Bytter’s comprehensive industry-finance treasury matrix provides full-scenario solutions that support the digital transformation of its enterprise customers’ industry-finance platforms. The treasury management solution is built on a layered architecture, underpinned by advanced technologies including cloud computing, big data, and artificial intelligence, providing enterprises with a solid foundation for treasury management.

Looking ahead, the company will continue to advance more strategic mergers and acquisitions to cultivate diversified growth drivers.

Enhancing Global Supply Chain Finance Deployment, Driving Sustainable Value Creation

In the first half of 2025, Linklogis advanced its international expansion, continuing its dual-engine strategy of “Go Early” and “Go Deep”. Cross-border Cloud and international businesses delivered solid performance, with Cross-border Cloud achieving double-digit growth in both asset volume and revenue.

“Go Early” focuses on building a platform-based ecosystem around four key scenarios: cross-border trade, cross-border e-commerce, overseas business travel, and cross-border logistics. By aggregating resources from 12 high-quality platforms, including Infor, Amazon and Shopee, Linklogis has successfully assisted more than 1,100 SMEs in accessing one-stop digital financing services. “Go Deep” emphasizes in-depth, scenario-based services, aiming to create a comprehensive smart supply chain financing system for Chinese outbound enterprises. The system covers the entire chain from cross-border procurement and production to logistics and sales, facilitating efficient global supply chain expansion and accelerating globalization of these enterprises. Meanwhile, by establishing regional operational centers in the United Kingdom and United States of America, Linklogis has created an end-to-end service network for a multi-regional trade corridor that spans Greater China, Southeast Asia, Europe, and North America.

Linklogis upholds its ESG mission of “technology empowering the development of sustainable supply chain finance,” focusing on the innovative integration of digital technology and industry scenarios. Linklogis is committed to driving sustainable industrial upgrades and inclusive finance model innovation through technology, creating sustainable value for the high-quality collaboration between the real economy and digital finance. In the first half of 2025, the assets related to sustainable supply chains (including renewable energy, rural revitalization, environmental protection, and public health) processed by Linklogis surpassed RMB 29 billion, up 97% compared to the same period last year.

Linklogis has assisted over 380,000 SMEs in accessing efficient, convenient, and low-cost digital inclusive finance services. In the first half of 2025, SMEs using the SaaS platform, “Linklogis Supply Chain Multi-tier AR Transfer Platform,” secured financing at an average cost of only 2.86%. In addition to these achievements, Linklogis ESG performance has continued to lead the industry. The company received its first ESG rating from Sino-Securities Index Information Service (Shanghai) and SynTao Green Finance, as well as an “A” rating from Wind, placing it in the top 10% of the software industry. These accomplishments were further recognized with awards such as “Most Outstanding Contribution to Sustainable Development Goals (SDGs) China 2025” and “2025 ESG Model Enterprise.”

Building a Stablecoin Ecosystem, Advancing Global Trade Finance Digitalization

In the first half of 2025, leveraging its extensive technology expertise in digital assets, Linklogis accelerated the market introduction and penetration of innovative products and fully launched its global trade finance digital asset strategy. Building on its extensive blockchain technology implementation and practical experience, the company has built core capabilities in digital asset infrastructure, covering enterprise-grade custody, integrated cross-border payment and settlement, RWA tokenized financing, as well as compliance, risk management, and on-chain supervision.

Since fully advancing its globalization process in 2019, Linklogis has continuously empowered the transformation of cross-border and global trade finance through Web 3.0 technology. In 2020, Linklogis obtained a digital banking license in Singapore and established Green Link Digital Bank with its business partner, enhancing its capabilities in cross-border financial digital services. In 2023, under the guidance of the Hong Kong Monetary Authority (HKMA), the company collaborated with the Bank for International Settlements (BIS), Standard Chartered Bank, and other institutions to develop the Project Dynamo prototype platform. This initiative introduced the pioneering DTT, a programmable digital trade token that integrates smart contracts with standard token protocols to automate payment terms in trade finance, providing an innovative model for global cross-border trade payments and financing. In August of the same year, Linklogis joined forces with Standard Chartered Bank to participate in Project Guardian, led by the Monetary Authority of Singapore (MAS), leveraging asset tokenization technology to create the ABT platform. This platform transforms trade receivables and other real economy assets into tradable and divisible digital assets, successfully launching the industry’s first tokenized product based on trade assets on the Singapore Exchange, thereby validating the feasibility of this technology in the trade finance sector.

As stablecoin regulatory frameworks mature in Hong Kong and worldwide, Linklogis will further integrate its existing overseas and cross-border business layouts to accelerate the innovation and application of digital asset services. In Singapore, the company will work with licensed institutions to advance the compliant issuance of DTT, implementing compliant stablecoin solutions across all scenarios in supply chain finance. In Hong Kong, Linklogis will actively pursue collaborations with stablecoin license applicants to develop the “Stablecoin+” initiative based on compliant stablecoins. Additionally, the company will actively explore innovative applications in supply chain finance scenarios together with global compliant stablecoin issuers, expanding the use of digital assets in real-world asset tokenization, cross-border digital payments, and inclusive finance, thereby empowering the digital and intelligent transformation and upgrading of the global supply chain finance ecosystem.

Charles Song, the founder, chairman, and CEO of Linklogis, said, “Looking ahead, as the global financial system undergoes significant transformation, the integration of AI with compliant stablecoins will not only redefine how cross-border capital flows operate but also provide innovative solutions for enhancing the resilience of the financial system amidst growing global economic uncertainty. Amid historic transformation opportunities, Linklogis, moving forward without burden, will fully concentrate on three core strategies, which are AI + industrial finance, strategic mergers and acquisitions, and digital assets, to build diversified engines of development and achieve sustainable, high-quality growth. Confident in our future prospects, we commit to a share repurchase of no less than USD 80 million over the next 12 months. We will also work to foster a win-win ecosystem with customers and strengthen the foundation for shareholder value.”

Hashtag: #Linklogis

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

BingX AI Hits 2 Million Users and 20 Million Queries in Just 100 Days

PANAMA CITY, Aug. 26, 2025 /PRNewswire/ — BingX, a leading cryptocurrency exchange and Web3 AI company, today announced a significant milestone for its AI-powered trading assistant, BingX AI, which has surpassed 2 million users and processed 20 million queries since its launch in May.

BingX AI Hits 2 Million Users and 20 Million Queries in Just 100 Days
BingX AI Hits 2 Million Users and 20 Million Queries in Just 100 Days

BingX AI is built as a suite of integrated intelligence, powered by multi-model AI engines and vast datasets. It is distinguished by five unique AI avatars, designed to guide users through different stages of their trading journey — from market analysis and strategy development to execution and real-time monitoring.

  • The Analyst: Decodes the market by turning complex charts and data into clear, actionable trading insights, through AI-powered Candlestick, Market, Trading, and Token analysis.
  • The Strategist: Builds tailored strategies and forecasts to help users trade smarter with AI Trade Review and Trend Forecasting.
  • The Recommender: Suggests tokens, traders, and news that best fit users’ trading profiles through Pro Trader Recommender, AI News Briefing, and Trading Analysis functionality.
  • The Protector: Identifies risks and simulates outcomes to safeguard users’ portfolio with Smart Position Analysis.
  • The Monitor: Tracks market movements and funding rates to keep users informed in real time with Market and New Token analysis.

Vivien Lin, Chief Product Officer at BingX, commented: “AI is redefining what’s possible in digital asset trading, not by replacing human decision-making, but by enhancing it with real-time intelligence. With BingX AI, we’re bridging the gap between AI’s promise and real-world utility—offering users context, clarity, and confidence in one unified platform. Surpassing two million users is just the beginning; our goal is to make intelligent, accessible trading the standard for everyone, everywhere. Traders can expect more new AI capabilities in the coming weeks as BingX continues to expand the platform’s role at the intersection of innovation and usability.”

BingX AI forms a key part of BingX’s AI Evolution Strategy, a $300M initiative to embed AI across the platform. By consolidating fragmented trading tools into a single, intelligent ecosystem, BingX empowers traders of all levels with professional-grade insights, decision-making support and trading with greater confidence.

About BingX 

Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 20 million users. With a comprehensive suite of AI-powered products and services, including derivatives, spot trading, and copy trading, BingX caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, BingX empowers users with innovative tools designed to enhance performance and confidence. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship.

For more information, please visit: https://bingx.com/

ZJLD Group Announces Interim Results for FY2025

Forging Resilience Amid Industry Headwinds, Driving High-Quality Transformation Through Innovation and Cultural Stewardship


HONG KONG SAR – Media OutReach Neswire – 26 August 2025 – ZJLD Group Inc. (“ZJLD” or the “Company”, together with the Company’s subsidiaries, collectively the “Group”) (SEHK stock code: 06979. HK), an outstanding representative in the Chinese baijiu industry and the first baijiu company listed in Hong Kong Stock Exchange, is pleased to announce its interim results for the six months ended 30 June 2025 (“FY 2025 1H” or the “Period”). Despite persistent macroeconomic pressures and weak consumer demand across the baijiu sector, the Group remained steadfast in its commitment to high-quality development. Through strategic channel innovation and accelerated digital transformation, ZJLD Group has reinforced its operational resilience and laid the foundation for sustainable long-term growth.

The key financial and business highlights are as follows:

FY 2025 1H
(for the six months ended June 30, 2025)
(RMB’000)
FY 2024 1H
(for the six months ended June 30, 2024)
(RMB’000)
Changed by
Revenue 2,497,106 4,133,191 -39.6%
Gross profit 1,474,284 2,428,682 -39.3%
Gross profit margin 59.0% 58.8% +0.2 percentage points
Net cash generated from/(used in) operating activities (322,274) 574,886 -156.1%
Adjusted net profit (non-IFRS measure) 613,202 1,018,123 -39.8%
Adjusted net profit margin (non-IFRS measure) 24.6% 24.6%

  • During the Period, the Group recorded revenue of RMB 2,497.1 million, representing a year-on-year decline of 39.6%. Gross profit decreased by 39.3% to RMB 1,474.3 million. Notably, gross margin edged up to 59.0%. Adjusted net profit amounted to RMB 613.2 million, down 39.8% year-on-year, in line with the revenue trajectory.
  • The baijiu industry continues to grapple with structural challenges, including deteriorating channel pricing systems, compressed distributor margins, mounting financial pressure across the value chain, and sluggish terminal sales. Since Q2 2024, consumer demand has softened significantly, with notable declines in business banquets, gifting occasions, and other offline consumption scenarios. All four of the Group’s core brands experienced various degrees of revenue contraction. Flagship brand Zhenjiu, the Group’s primary growth engine, saw revenue fall 44.8% to RMB 1,491.7 million (FY 2024 1H: RMB 2,702.2 million), as the Group proactively managed channel inventory and strictly controlled sales pacing to safeguard long-term sustainability.
  • The Board of Directors does not recommend the declaration of an interim dividend for the six months ended 30 June 2025 (FY 2024 1H: nil).


Strategic Response: Anchored by the “Premier Retailers Alliance”
Model, Driving Channel Innovation and Digital Transformation

Against the backdrop of profound market recalibration and rapidly evolving consumer behavior, the Group has positioned the “Premier Retailers Alliance” model as its central strategic framework—driving simultaneous advancement in channel innovation and digital transformation. This dual-pronged approach reshapes brand accessibility and operational efficiency, while fortifying a more resilient market response system. Far more than a vehicle for channel integration, the “Premier Retailers Alliance” model serves as a strategic nexus for deep collaboration, co-creation, and shared value between the Group and its nationwide distributor network. The Group has dismantled traditional tiered distribution structures through this alliance mechanism, enabling streamlined resource allocation, transparent information exchange, and synchronized interest alignment. These enhancements have significantly accelerated channel responsiveness and strengthened control at the terminal level. Alliance members are no longer mere conduits of product delivery; they are empowered co-architects of brand equity and frontline executors of market strategy. Together, they form a multidimensional, interconnected channel ecosystem characterized by vertical synergy and horizontal coordination.

Building on this foundation, the Group is advancing its digital transformation to achieve full-chain data integration—from production and distribution to end-consumer engagement. Through intelligent base liquor management, precision allocation and delivery, real-time sales monitoring, and consumer behavior analytics, the Group has significantly enhanced supply chain efficiency while equipping brand strategy with timely insights and data-driven decision support. Upgrades to the CRM system and membership operations framework have enabled more granular audience segmentation and personalized communication, strengthened user engagement and driven higher repurchase rates.

Importantly, the Premier Retailers Alliance also serves as a strategic launchpad for key brand initiatives, including the cultural flagship “Da Zhen” (also known as Zhen * 2020 Real Vintage Baijiu), the innovative “News Craft Beer”, and the Group’s heritage ambassador program. Whether deepening the cultural narrative of premium baijiu or expanding the experiential reach of emerging categories, the Group leverages the Alliance mechanism to enable rapid market deployment and targeted promotion—achieving a synergistic fusion of cultural storytelling, channel innovation, and technological empowerment.

Overall, the “Premier Retailers Alliance” model is the starting point of the Group’s channel reform and a central pillar supporting brand elevation and organizational resilience. Looking ahead, the Group will continue to position the Alliance at the heart of its strategy—deepening collaborative mechanisms, expanding digital capabilities, and shaping a more penetrative and sustainable competitive landscape.

Product and Brand Strategy: Dual Growth Engines of “Da Zhen” and “News Craft Beer”, Enriched by Cultural Ambassadorship

Amid structural shifts in the baijiu landscape, the Group has identified “Da Zhen” and “News Craft Beer” as dual strategic anchors to upgrade the product matrix and extend brand reach. This forward-looking approach reflects the Group’s dynamic market positioning and revitalized brand energy.

As the flagship of the Group’s premiumization journey, “Da Zhen” embodies cultural heritage and uncompromising quality standards. Featuring a minimalist clear-bottle design, the packaging is adorned with the handwritten character “珍” (Pronunciation: Zhen) by Ming Dynasty master Shen Zhou, wrapped in heritage Xuan paper. This harmonious blend of classical artistry and modern aesthetics not only enhances perceived brand value but also reinforces the Group’s competitive edge in the high-end baijiu segment. The “Da Zhen” launch marks a deeper strategic push into the sub-premium baijiu category, infusing the brand image with gravitas and prestige.

In parallel, “News Craft Beer” represents the Group’s bold foray into emerging categories through active exploration and innovative breakthroughs. Based on craft brewing techniques, the series integrates youthful design sensibilities and social appeal, successfully entering the craft beer market and expanding consumption scenarios, including gatherings, leisure, and festive occasions. Beyond reducing regulatory sensitivity associated with the category, “News Craft Beer” carries an uplifting brand ethos that resonates with the Group’s broader cultural narrative, serving as a key vehicle for brand rejuvenation and diversification.

The Group appointed renowned young actress Ms. Annabel Yao (姚安娜) as its Heritage Application Ambassador in the first half of 2025 to further elevate cultural resonance. By humanizing the brand and crafting a compelling cultural narrative, the Group deepens the intangible heritage value of traditional Chinese baijiu craftsmanship. The appointment of a “Heritage Application Ambassador” serves as a symbol of cultural continuity and a vital conduit for brand storytelling, seamlessly bridging historical artistry with contemporary relevance. This initiative enhances consumer resonance, fostering a deeper emotional and cultural connection to the brand. This initiative complements the cultural gravitas of “Da Zhen”, while standing in deliberate contrast to the inventive language of “News Craft Beer”. Together, they shape a multidimensional narrative framework to enrich the brand’s storytelling ecosystem.

Mr. Wu Xiangdong, Founder and Chairman of ZJLD Group, remarked, “The first half of 2025 presented unprecedented challenges for the baijiu industry. Shrinking consumption scenarios and intensifying channel pressures have ushered in a period of profound recalibration. This is not merely a cyclical downturn but a test of strategic conviction and cultural integrity. True resilience is not measured by speed in fair weather, but by clarity and endurance in headwinds. We remain committed to high-quality development, recalibrating our sales rhythm, optimizing channel structures, and reshaping industry norms through the Premier Retailers Alliance.

At the same time, we actively embrace artificial intelligence and digital transformation, continuously expanding consumption scenarios and product boundaries to breathe new life into traditional baijiu culture amid emerging technologies and new generations. We believe that culture is the soul of a brand, and innovation is the pulse of an enterprise. In this era of industry reinvention, ZJLD is committed to longevity and living with purpose and influence. Looking ahead, we will continue to uphold the principle of “history as the soul (以史為魂)”, seeking renewal through integrity, and opportunity amid change—as we stride steadily toward our vision of becoming a world-class distilling enterprise.”
Hashtag: #ZJLD

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

About ZJLD Group Inc.

Zhen Jiu was established in 1975 in Zunyi, Kweichow, China’s primary production area of sauce-aroma baijiu. In 1988, it was honored with the National Quality Award at the 5th National Wine Appreciation Conference. In the same year, it was announced by the Protocol Department of the Ministry of Foreign Affairs, the Communication Department of the Ministry of Economy and Trade, and the Great Hall of the People Management Bureau to become one of the two sauce-aroma baijiu served at state banquets. It is also known as one of the “Three Representative Baijiu Brands in Kweichow”.

ZJLD Group Inc. is a leading baijiu group in China that is devoted to offering premium baijiu products, including sauce-aroma, mixed-aroma, and strong-aroma. According to Frost & Sullivan statistics, the flagship brand Zhenjiu has maintained its position for two consecutive years (2023 and 2024) as the fourth largest sauce-aroma baijiu brand in China and the third largest in Guizhou Province, based on revenue. The Company operates four baijiu brands in China, including two national baijiu brands, Zhen Jiu and Li Du, and two regional brands, Xiangjiao and Kaikouxiao. ZJLD prides itself on inheriting the time-honored baijiu-brewing techniques and reinvigorating them to develop iconic products. It strives to create a wide variety of aromatic and mellow baijiu products to meet the diverse preferences of consumers, seize broader market opportunities, and promote traditional Chinese baijiu culture.

Beauty Farm Announces 2025 Interim Results

Revenue and Net Profit Reached Record High

Cash-generating Capability Significantly Enhanced

HONG KONG, Aug. 26, 2025 /PRNewswire/ — Beauty Farm Medical and Health Industry Inc. (“Beauty Farm” or the “Company”) (02373.HK), one of the largest beauty and wellness services providers in China, together with its subsidiaries, the “Group,” is pleased to announce the Group’s audited interim results for the six months ended June 30, 2024 (the “Reporting Period”).

Performance Highlights:

  • Revenue surged to RMB1,459 million, representing a YOY increase of 28.2%.
  • Net profit rose to RMB171 million, reflecting YOY growth of 35.5%.
  • Adjusted net profit increased to RMB191 million, and adjusted net profit margin reached 13.1%, hitting a record high.
  • Net cash generated from operating activities reached RMB410 million, expanding 84.4% YoY.
  • Cash and cash-like items grew to RMB2 billion, representing a net increase of 27.5% YoY.
  • Advanced acquisitions and consolidations, increasing the Company’s ownership stake in Naturade to 90%.
  • Optimized shareholder structure by introducing high-quality long-term investors as CPE exited.

Beauty Farm delivered strong results in the first half of 2025, once again achieving record highs in both revenue and profit, with total revenue increasing 28.2% year over year to RMB1,459 million. As our revenue steadily climbed, the benefits of scale became increasingly evident, driving our gross margin to 49.3%, an increase of 2.3 percentage points year-over-year. Net profit rose by an impressive 35.5% year-over-year to RMB171 million. Notably, adjusted net profit soared to RMB191 million and adjusted net profit margin reached a record-high of 13.1%, underscoring the Group’s ability to drive profitability despite macroeconomic headwinds.

These impressive financial results were supported by our optimized store network and increased membership growth. As of June 30, 2025, we operated 552 stores in total, including 273 direct stores and 279 franchised and brand-operated stores. In the first half of 2025, client visits at our direct stores reached 920,000, up 47.8% year-over-year. The total number of active members at our direct stores amounted to 120,000, surging by 46.5% year-over-year. Under our “dual beauty + dual wellness” model, in the first half of 2025, 20% of our beauty and wellness members purchased aesthetic medical services or subhealth medical value-added services, demonstrating the effectiveness of our business model.

As a brand focused on China’s top-tier markets, we have strategically prioritized the 20 cities with the highest density of high-net-worth customers. Our deep penetration in the four tier-one cities, i.e., Beijing, Shanghai, Guangzhou, and Shenzhen, forms the Group’s core competitive moat, with 157 direct stores across tier-one cities representing 58% of all direct stores, contributing more than 60% of the Group’s total revenue. The wealth effect in top-tier cities continued to propel growth in the first half of 2025, with revenue generated in the four tier-one cities increasing over 52% year-over-year. Looking ahead, we will continue to deepen our penetration in key cities to further strengthen our competitive moat.

Studies by the China Consumers Association indicate that emotional value profoundly influences the younger generation’s consumption choices. According to iiMedia Research, the market size for China’s emotional economy is expected to reach RMB2.3 trillion by 2025 and exceed RMB4.5 trillion by 2029. As women take on increasingly important roles across society, careers, and family life, their focus on emotional well-being has deepened significantly, fueling a rising interest in self-indulgent consumption. At Beauty Farm, we are reshaping premium consumption scenarios through a dual-value proposition of tech-driven functional skincare and immersive urban wellness sanctuaries.

Double-digit Growth in all Three Business Segments, Highlighted by Doubled Revenue in Subhealth Medical Services

In the first half of 2025, all three of our business segments – beauty and wellness services, aesthetic medical services and subhealth medical services – delivered outstanding performances. First, our cornerstone beauty and wellness services business achieved revenue of RMB807 million, an increase of 29.6% year-over-year. Its rapid expansion continues to drive growing economies of scale, elevating profitability to new heights. Gross profit margin rose to 42.1%, an increase of 1.8 percentage points year-over-year. Customer base expansion was the primary revenue growth driver in the first half of 2025, with the number of client visits to our beauty and wellness services’ direct stores soaring to 850,000, up 48.6% year-over-year. The number of active members of our direct beauty and wellness stores increased to 112,000, up 45.7% year-over-year. Furthermore, the number of members of our franchised beauty and wellness stores exceeded 53,000, up 70.1% year-over-year, highlighting a robust joint growth trend with our partners.

The Group’s second growth engine, aesthetic medical services, maintained its resilient growth trend. In the first half of 2025, revenue from aesthetic medical services reached RMB499 million, up 13.0% year-over-year, and gross profit margin reached 56.9%, up 1.8 percentage points year-over-year. In the first half of the year, the number of client visits at the direct stores of our aesthetic medical services reached 50,000, up 28.0% year-over-year. The number of active members served at our direct stores grew to 24,000, an increase of 27.6% year-over-year. Furthermore, we continued to upgrade our aesthetic medical services store network. As of June 30, 2025, we operated 27 aesthetic medical clinics. Meanwhile, our physician team has accumulatively secured more than 700 professional certifications and training credentials, expanding our industry authority and reinforcing our medical expertise with tangible, authoritative credentials.

Finally, we accelerated our subhealth medical services business’s expansion in the first half of 2025. Client visits at our subhealth medical services direct stores reached 19,000, up 75.5% year-over-year. The total number of active members amounted to 7,014, surging by 93.4% year-over-year. Driven by this momentum, our subhealth medical services achieved a substantial leap in growth. In the first half of 2025, revenues from this business reached RMB154 million, a remarkable increase of 107.8% year-over-year, with revenue share exceeding 10% for the first time. Of this total, revenue from our functional medicine segment surged by 122.0% year-over-year, and revenue from our Women’s Special Care Center soared by 172.8% year-over-year, emerging as the most significant segment within our subhealth medical services business. In the first half of 2025, gross profit margin of subhealth medical services grew to 63.1%, a significant increase of 8.7 percentage points year-over-year. As of June 30, 2025, the number of our subhealth medical service clinics increased to 11.

Remarkable Outcomes from Acquisitions and Consolidations

As consolidation accelerates across China’s beauty service industry, we remain committed to propelling growth through a dual-engine strategy fueled by both internal growth and external expansion. Leveraging acquisition as a core Group-level development strategy has already yielded positive results. Since our July 2024 acquisition of Naturade, China’s second-largest beauty brand, it has delivered an outstanding performance, validating the Group’s strong consolidation capabilities. In the first half of 2025, Naturade achieved revenue of RMB277 million, and its adjusted net profit margin rose from 6.5% pre-acquisition to 10.4%, rapidly aligning with the profitability levels of our Group. Building on the remarkable outcomes of this integration and operational refinement, in May this year, we announced an additional 20% equity acquisition in Naturade, increasing our ownership stake to 90%. This deal not only strengthened our control of Naturade but also created greater value for our shareholders.

We have been steadily reinforcing Naturade’s core competitive edge. As a leading AI-powered wellness brand rooted in traditional Chinese medicine theories, Naturade was once again ranked by globally recognized market intelligence firm Frost & Sullivan as the “Top AI-Powered Wellness Brand in China.” Meanwhile, the Group has begun rolling out its “AI-Powered Wellness System 2.0,” its first AI-driven digital and intelligent transformation flagship program, at Naturade. Developed by seven top experts and authoritative traditional Chinese medicine institutions, this program innovatively integrates modern diagnostic and testing technologies with traditional Chinese medicine approaches. The system generates AI-powered reports based on testing and assessments across five dimensions: constitution, tongue appearance, meridians, organs, and skin, building a full-cycle, data-driven, and results-visualized health management closed loop, pioneering a new AI-powered wellness trend.

Optimized Shareholder Structure and Enhanced Market Capitalization

In March this year, Beauty Farm officially launched its “Market Capitalization Enhancement Plan” to systematically drive value creation through three strategic initiatives. First, the Company has established a long-term shareholder return mechanism, pledging to distribute no less than 50% of the annual net profit attributable to the parent company’s shareholders as dividends over the next three complete fiscal years (except under special circumstances). Second, to optimize shareholder structure, the Company is bringing in long-term strategic investors to build a healthier and more diverse shareholder ecosystem. Third, the Company continues to strengthen the alignment of management and shareholder interests, leveraging its equity incentive plan to advance joint value creation and sustainable growth.

The plan has already begun to bear fruit. On August 18, the Company announced that CITIC Private Equity Funds Management Co., Ltd. (“CPE”) completed the sale of 51.329 million shares of the Company, officially stepping down from the roster of major shareholders. In addition, we introduced high-quality long-term investors, further enhancing the Company’s shareholder structure. Market feedback on the Company’s implementation of the plan has been strongly positive. Since the beginning of 2025, the Company’s market capitalization has increased by 90%, reflecting strong capital market endorsement of the Company’s value-enhancement initiatives.

Looking ahead, we remain firmly committed to driving growth through a dual-engine, internal growth and external expansion strategy. Internally, we will continue to deepen our “dual beauty + dual wellness” model: horizontally, by expanding the coverage of our beauty and wellness services brand matrix, and vertically, by deepening the penetration of our medical businesses, driving steady revenue growth. Meanwhile, we will consistently fortify our advantages across key cities, capturing a greater market share of beauty and health consumption in top-tier cities. Externally, we will replicate Naturade’s successful acquisition and integration as we actively explore industry consolidation opportunities, further catalyzing industry consolidation. Finally, we will lead the industry’s digital and intelligent transformation, harnessing our deep expertise in digital technologies and focusing on innovative, scenario-based AI applications in beauty and health services to accelerate the research, development, and launch of AI-powered, intelligent beauty service solutions.

Our comprehensive and coordinated execution of these strategic initiatives and our market capitalization enhancement plan will significantly bolster the Group’s corporate competitiveness and capital market appeal, creating sustainable value for our customers, shareholders, employees, and partners.

About Beauty Farm

Beauty Farm Medical and Health Industry Inc. is a leading beauty and health management platform in China. Over the past 32 years, Beauty Farm has developed a unique “dual beauty + dual wellness” business model, covering customers’ comprehensive beauty and health needs for their entire life cycle. We offer a diversified service matrix, including beauty and wellness brands Beauty Farm, Naturade and Palaispa, aesthetic medical brand CellCare, and subhealth medical services brand Neology. Our nationwide store network reaches over 100 cities with over 550 stores and serves millions of mid-to-high-end customers in top-tier cities in China.

For more information, please visit https://ir.beautyfarm.com.cn/.

For investor and media inquiries, please contact:

Beauty Farm Medical and Health Industry Inc.
Vivian Lu
Tel: +86 (21) 6095-3299
Email: ir@beautyfarm.com.cn

Piacente Financial Communications
Jenny Cai
Tel: +86 (10) 6508-0677
Email: beautyfarm@tpg-ir.com

In the United States:
Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
Email: beautyfarm@tpg-ir.com

 

MITTI LABS SUPPORTS THE NATURE CONSERVANCY IN ACCELERATING CLIMATE ACTION SOLUTIONS THROUGH ADVANCED TECHNOLOGY FOR SCALABLE PRACTICE SHIFTS

Cooperation will accelerate the widespread transition to Climate-smart rice farming initiatives in Northwest India using advanced satellite and AI technology

BENGALURU, India, Aug. 26, 2025 /PRNewswire/ — Mitti Labs, an AI remote sensing and field operations company that empowers rice farmers with Climate-smart practices, today announced its participation in The Nature Conservancy’s PRANA program (‘Promoting Regenerative and No-Burn Agriculture’). PRANA is TNC’s landmark initiative tackling stubble burning and soil degradation in Punjab. Since 2022, PRANA has worked across 18 districts, helping farmers adopt regenerative practices and manage crop residues sustainably—improving soil health while curbing air pollution. 

The program has already trained thousands of farmers through local camps, field demonstrations, and service provider engagement. In 2025, it plans to reach over 650,000 farmers in 6,259 villages, delivering more than 21,000 training sessions. Now evolving beyond crop residue management, PRANA is tackling deeper challenges like water scarcity, declining soil fertility, and greenhouse gas emissions. Its next phase focuses on building Regenerative Foodscapes by empowering farmer institutions, scaling local agri-entrepreneurship, and forging policy-shaping public-private partnerships.

“Mitti Labs has been a key partner in different aspects of this journey. Their advanced ‘soil-to-sky’ technology platform and on-the-ground measurement expertise have helped us to monitor practice adoption and quantify impacts at the field level with high accuracy. This robust data is not only useful to validating climate and environmental outcomes—it also lays the foundation for unlocking climate long term financing for farmers and informing policy shifts that can scale these solutions to reach many more farmers,” said Gyan Prakash Rai, PRANA Lead.

“We are beyond excited to see the impact of our successful collaboration with The Nature Conservancy,” said Xavi Laguarta, co-founder of Mitti Labs. “Helping hundreds of farming communities in NW India transition to Climate-smart practices truly validates our mission of turning rice farming into a powerful vehicle for climate action. Our rice-specific digital Measurement, Reporting and Verification is the key technology enabler of providing critical financial incentives to farmers in this transition.”

Mitti Labs’ partnership with TNC has also demonstrated the numerous co-benefits of Climate-smart farming practices, particularly on saving water and boosting farmer income. The PRANA program will help save 500 Billion liters of water, the equivalent of the consumption of a midsize city. 

The PRANA foodscape’s mission is to support farmers in Punjab to adopt regenerative agricultural practices that reduce greenhouse gas emissions, restore soil health, and improve air quality. Practices such as Alternate Wetting and Drying (AWD), Direct Seeded Rice (DSR), and no-burn crop residue management are at the heart of this transition. 

Mitti Labs was founded in 2023 to accelerate the adoption of nature-based solutions to climate change. The company works with 30,000 farmers to reduce methane emissions from rice farming, which contribute 12% of all total methane emissions, a gas 85X more potent than CO2. It is estimated that rice farming contributes 1GT CO2e to all global emissions, a volume on par with global aviation. Mitti Labs connects smallholder farmers to global companies looking to offset their emissions through high-quality carbon credits based on permanent and measurable methane reduction. 

Mitti Labs has built the world’s most advanced dMRV for rice farming monitoring. This technology delivers country-level scale and field-level accuracy in the quantification of greenhouse gases derived from rice farming. In only 24 months, the Mitti Labs team has expanded its digital Monitoring, Reporting and Verification capabilities to 10 Mn Hectares, meaning it has created a ”digital twin” of 25% of all the rice farming areas in India. Building a layer of robust real-time monitoring technology not only helps the PRANA team steer their program intervention towards regions of dire need; but also helps create visibility on the high-quality impact that on-ground teams are currently executing. 

This technology leverages Mitti’s deep relationship with NASA. In 2024, Mitti Labs was awarded Phase I of a prestigious NASA SBIR Ignite grant in the amount of $150K. Last month, Mitti Labs received $850k for ‘Phase II’ of this NASA funding grant to continue its work leveraging its next-gen dMRV to monitor GHG emissions from rice farming in India.

In the fertile state of Punjab, two million farmers transition every year from growing rice to planting wheat. The two-week rotation window, in many cases shortened by a changing climate, leaves farmers with no choice but to burn the residue from rice -straw and husk- which represents 90% of the total crop biomass. These small fires are major contributors to CO2 emissions, poor air quality and chronic disease.

About Mitti Labs
Mitti Labs combines satellite technology, AI and operations on the ground to permanently reduce methane emissions from rice farming. By doing this, the company unlocks the potential of rice-based carbon credits for climate impact at scale. Mitti Labs is backed by Lightspeed, Voyager Ventures, Cisco, and Volta Circle in its mission to decarbonize the $300 Bn rice-growing industry worldwide. Visit mittilabs.earth to learn more.