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Bybit Rising Fund Joins Forces with Ceylon Cash to Ready Sri Lankan Youth for Web3-Enabled Economy

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DUBAI, UAE, Sept. 2, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to reveal the Sri Lankan chapter of the Bybit Rising Fund initiative in collaboration with Ceylon Cash, the driving force behind Web3Ceylon, Sri Lanka’s largest community-led blockchain education and adoption program. The joint initiative serves to promote Web3 literacy and empower the next generation of talent with a passion for blockchain technology and the digital economy.

Through Web3Ceylon, Bybit and Ceylon Cash will curate a series of educational seminars in Colombo (September 20, 2025), Galle (September 17, 2025), Kandy (September 28, 2025), and Ella (October 12, 2025) in Sri Lanka to build awareness and understanding of blockchain technologies. Newcomers, researchers, creators and builders stand to benefit from an effective and engaging introduction into the world of cryptocurrencies, distributed ledger technology, and on-chain security.

The four seminars aim to connect local builders, learners, and educators with experts at the forefront of blockchain innovation and safety, expanding access to the know-how and vision of a blockchain-enabled future for all, one city at a time.

Highlights

  • Up to 600 seats available across four cities in Sri Lanka
  • Knowledge transfer: Hands-on workshops and sessions on the basics of wallets, smart contracts, and building a Web3 project
  • In-depth insights: Industry insiders and innovators will share real-world case studies of blockchain, diving into the technology, application and utility, and business layers of the technology
  • Connecting with changemakers: Bringing together creators, builders, and entrepreneurs to shape the growth opportunities in Sri Lanka and meet the needs of local communities

Registration is required and subject to approval.

“At Bybit, we believe education is the first step toward building a sustainable Web3 future. Sri Lanka’s vibrant youth and entrepreneurial spirit make it an ideal place to nurture the next generation of blockchain innovators. Through this partnership with Ceylon Cash and Web3Ceylon, we aim to equip young people with the skills, knowledge, and opportunities they need to participate confidently in the digital economy and become active contributors to the global Web3 ecosystem,” said Nazar Tymoshchuk, Regional Manager at Bybit.

“We devise the seminars with everyone in mind: the speakers will cover everything from the basics to the technical aspects. Whether you are a developer eager to kick start your blockchain journey, a small business owner curious about crypto payments, or a student preparing yourself for the future of Web3, we have something to offer,” said Nisal Chandrasekara, Community Lead at Ceylon Cash.

Bybit Rising Fund Joins Forces with Ceylon Cash to Ready Sri Lankan Youth for Web3-Enabled Economy
Bybit Rising Fund Joins Forces with Ceylon Cash to Ready Sri Lankan Youth for Web3-Enabled Economy

With a fast-growing digital economy, high mobile penetration, and rising interest in blockchain and cryptocurrencies, Sri Lanka is well positioned to capture the transformative opportunities in Web3. As part of Bybit’s World Series of Trading (WSOT) 2025, the Bybit Rising Fund supports community-led initiatives that benefit local Web3 enthusiasts, builders, and educators.  

The Bybit Rising Fund is part of a community outreach program under WSOT 2025, to improve the access to and the quality of blockchain education in local communities. Registration is required for all events and subject to approval.

#Bybit / #TheCryptoArk  

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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SK bioscience Submits IND for Phase 3 Trial of 2-Dose Varicella Vaccine Reflecting Global Standard Shift

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  • Approximately 800 children aged 12 months to 12 years in Korea and abroad, aiming for completion by 2027
  • Rising demand for 2-dose regimen as international standards amid projected global market growth to USD 6.3 billion by 3034
  • SKBS continues strategic R&D to enhance global vaccine competitiveness of its vaccine pipelines

SEONGNAM, South Korea, Sept. 2, 2025 /PRNewswire/ — SK bioscience, a global innovative vaccine and biotech company committed to promoting human health from prevention to cure, today announced that it has submitted an IND (Investigational New Drug application) to the Ministry of Food and Drug Safety for a global Phase 3 clinical trial of SKYVaricella to add the 2-dose (two-shot) indication, aligning with evolving international standards that increasingly recommend two doses to provide stronger, longer-lasting protection against varicella. The trial will evaluate the immunogenicity and safety of two doses in roughly 800 children aged 12 months to 12 years, with completion targeted by 2027.

SK bioscience Submits IND for Phase 3 Trial of 2-Dose Varicella Vaccine Reflecting Global Standard Shift
SK bioscience Submits IND for Phase 3 Trial of 2-Dose Varicella Vaccine Reflecting Global Standard Shift

Varicella vaccines have effectively reduced disease and complications with a single dose, which has been the standard in many countries. However, breakthrough infections may occur over time and international standards are shifting toward a 2-dose schedule to provide stronger, longer-lasting immunity and reduce community transmission.

WHO’s SAGE (Strategic Advisory Group of Experts on Immunization) officially recommended a 2-dose varicella vaccination in March 2025, boosting demand in global procurement markets including PAHO. The United States implemented a 2-dose schedule in 2006, cutting varicella incidence by over 85%, and countries such as Germany and Japan have since incorporated 2-dose regimens into their national immunization programs.

Since its launch in Korea in 2018, SKYVaricella obtained WHO PQ certification in 2019, becoming the second vaccine worldwide to achieve this, entering the international procurement market. It has been administered to over 5 million people globally, with supply expanded through Korea’s National Immunization Program, private healthcare providers, and international tenders such as PAHO. Recently, the company signed an additional supply agreement with PAHO for 2025-2027 and plans to accelerate its entry into the global varicella vaccine market through the development of SKYVaricella 2-dose regimen.

Global Market Insights projects that the global varicella vaccine market will grow from USD 3.4 billion (KRW 4.7 trillion) in 2024 to USD 6.3 billion (KRW 8.8 trillion) by 2034, at an average annual growth rate of 6.5%.

Ryu Ji-hwa, Head of Development Department of SK bioscience, said, “Our 2-dose varicella vaccine is a strategic pipeline that directly reflects updated international standards and rising market demand. Building on our WHO PQ-backed procurement experience and R&D achievements, we aim to complete development quickly and compete globally with reliable production and superior immunogenicity.”

About SK bioscience

SK bioscience is an innovative vaccine and biotech company, committed to vaccine development and manufacturing to enable more equitable access to vaccines around the world. Leveraging strengths on cutting-edge technologies, SK bioscience has been dedicated to promoting human health from prevention to cure across the globe. With the cooperation of domestic and international governments, regulatory agencies, healthcare providers, doctors, and medical experts, all of the SK colleagues are passionately committed to providing high-quality vaccines to those who need them and better public healthcare solutions.

SK bioscience Communications Team

Changhyun Jin (jin99@sk.com)
Jeannie S. Pak (j.pak@sk.com)

Finloop Unveils Asia’s First Comprehensive Technical Solution for Hong Kong Stock Tokenization

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HONG KONG, Sept. 2, 2025 /PRNewswire/ — Finloop Finance Technology Holding Limited (“Finloop“), a global one-stop Web5 wealth technology platform incubated by Fosun Wealth Holdings, announced that it has successfully collaborated with FinChain, another Web3 brand under Fosun Wealth Holdings, to develop Asia’s first comprehensive technical solution for “Hong Kong Stock Performance-Linked Token”. This initiative not only positioned Finloop as a leader in the real-world asset (RWA) sector, but also provided a replicable industry paradigm for stock tokenization in Hong Kong and across Asia.

  • Multi-Chain Technology Enhances Liquidity for Hong Kong Stocks

The technical solution was led by Finloop, which spearheaded product design, compliance and risk control frameworks, and cross-chain integration, while collaborating with FinChain on cryptographic technology development. FinChain focused on enhancing the functionality of multi-chain smart contracts, optimizing cross-chain coordination mechanisms, and designing efficient clearing routes and liquidity solutions.

The solution was successfully validated in real-world business scenarios of Sisram Medical Ltd (“Sisram”, 1696. HK) under Fosun and achieved multi-chain deployment on four major international blockchains as Ethereum, Solana, Vaulta (formerly EOS), and Sonic, making it Asia’s first “Hong Kong Stock Performance-linked Token” technical solution with multi-chain operational capabilities. Sisram is the first Israeli company to list on the main board of the Hong Kong Stock Exchange. Its unique beauty and health ecosystem offers a diversified product portfolio centered on energy-based devices and injectable fillers, building a customer-centric brand.

  • Building Asia’s RWA Tokenization Ecosystem

This innovation exemplifies the deep integration of “a robust Web2 compliance framework” with “cutting-edge Web3 technological capabilities”. Starting with listed companies, it is the first to combine technical infrastructure, compliance frameworks, and overseas liquidity into an end-to-end one-stop technical solution.

Moving forward, Finloop, in collaboration with FinChain, will continue to provide one-stop comprehensive RWA tokenization solutions for overseas financial markets to numerous Hong Kong-listed companies and global investors. By modularizing and standardizing capabilities such as multi-chain issuance, on-chain accounting, cross-chain transfers, and maturity redemption, this solution significantly enhances asset operation efficiency, offering technical advancements and innovative practices to help establish Hong Kong as an international virtual asset hub, while continually driving the development of Asia’s RWA tokenization ecosystem.

About Finloop Finance Technology Holding Limited

Finloop Finance Technology Holding Limited, along with its subsidiaries (collectively referred to as “Finloop”), is an AI-driven global one-stop Web5 wealth technology platform that offers comprehensive wealth management products and technology solutions to various financial institutions. Its offerings include cash management, public funds and private funds, structured products, bonds, insurance, and virtual assets. As a fintech leader in Asia during the Web3 wave, Finloop has focused on bridging physical and digital assets, developing a one-stop RWA technology, issuance and distribution platform to pioneer new growth pathways in the wealth management industry.

About FinChain

FinChain is a Web3 brand incubated by Fosun Wealth Holdings, dedicated to building a global physical financial blockchain network for users. FinChain collaborates with major public blockchains worldwide to establish a decentralized compliance layer, developing an integrated on-chain identity system. It expands cross-border liquidity resources for financial institutions and stablecoin issuers worldwide, while providing a compliant decentralized infrastructure for fintech developers in various countries. This fosters an on-chain trust mechanism, enhances transparency of financial assets on the blockchain, improves investment and financing efficiency, and collectively builds a compliant ecosystem for decentralized finance.

Bybit WSOT 2025 Attracts Quadruple Squads as $8M Main Competition Commences

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DUBAI, UAE, Sept. 2, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, kicked off the globally anticipated Main Competition of World Series of Trading (WSOT) 2025 on August 27, 2025, as was announced in an official livestream. This follows a 10-day pre-heat stage where traders divided $670,000 in rewards after generating $78 billion in trading volume. The race for the $8 million total prize pool for Main Competition is on until September 15, 2025, representing a defining moment for traders worldwide to rewrite and reshape their future in crypto.

WSOT Main Competition: Unprecedented Scale and Transformation

The livestream, themed WSOT 2025: The Ultimate Trading Showdown Starts Now, is part of the WSOT 2025 livestream series serving global as well as regional audiences in multiple languages. The session featured guest speakers Dusty BC, crypto trader and KOL, Alex Marzell, crypto trader and investor, and Sam, CEO of Tealstreet.

In the livestream, organizers revealed that Bybit WSOT 2025 had shattered previous participation records with over 1,400 squads ready for battle by the end of the pre-heat stage. Over 350,000 participants had signed up, over four times of the total number of competitors in 2024. WSOT 2025’s transformation centers on eliminating traditional barriers that limited competitive trading to high-capital participants. The competition now welcomes traders starting from just $100, creating the most inclusive trading arena of its kind in cryptocurrency history.

The flagship event’s main competition features the Squad Showdown with $3.76 million prize pool, while the Individual Showdown boasts an even larger $4.4 million prize pool for traders of all styles.

Celebrating Trading Excellence on Multiple Stages

With comprehensive support systems spanning educational resources, community engagement, and professional-grade trading infrastructure, WSOT 2025 establishes new standards for what competitive trading can achieve on a global scale.

WSOT 2025 provides unprecedented opportunities for traders to demonstrate their skills across diverse formats. The four-tier system ensures fair competition regardless of capital size, while regional competitions across nine territories allow traders to compete within their geographic communities. 

The competition also pioneered the integration of decentralized trading through the first-ever Onchain Wave on Solana, featuring over $1 million in BBSOL and USDC rewards. Running from August 18 through September 15, WSOT Onchain Wave unites centralized and decentralized traders on a single leaderboard through strategic partnerships with leading Solana ecosystem projects including xStocks, Sanctum, DeFiTuna, Sonic SVM, CUDIS, and Fragmetric.

Industry veteran Dusty BC emphasized the competition’s transformative potential: “For the first time, we’re focusing on smaller traders in the $100 range because it opens up incredible opportunities that were previously unavailable.”

The competition is heating up during exceptionally dynamic market conditions. Crypto trader Alex Marzell noted that “we’re seeing the highest Google search trends for altcoins and trading in the last four to five years,” while market analysis suggests strong momentum building toward Q4 2025.

The convergence of expanded accessibility, record prize pools, and bullish market sentiment positions WSOT 2025 as a flagship event in competitive cryptocurrency trading. The competition’s “Rewrite and Reshape” theme reflects its mission to transform how traders worldwide approach competitive excellence, creating pathways for success previously reserved for elite participants.

For both participants and crypto enthusiasts, WSOT has curated a series of livestreams by topic and region, offering a free platform and research resources presented by the best in the industry. From investment theories (Mandarin), trading playbook of seasoned traders,  excelling in Web3 by Solana’s top builders, to a WSOT veteran’s reflection, the WSOT 2025 livestream series celebrates the trading community and Web3 visionaries across the world.

Making History with WSOT 2025

With a total prize pool of $10 million, WSOT 2025 is one of the most rewarding competition in the industry as it aims to reshape the competitive trading landscape. The convergence of expanded accessibility, record prize pools, and bullish market sentiment positions WSOT 2025 as a watershed moment for competitive cryptocurrency trading. The competition’s mission to “Rewrite and Reshape” stands to transform the rules of trading.

Restrictions and user requirements apply. For the full sets of rules and terms and conditions, users may visit: WSOT 2025.

#Bybit / #TheCryptoArk /#WSOT2025

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press 
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

 

Seeding The Future Foundation, Institute of Food Technologists, and Welthungerhilfe Announce Evolution of the Seeding The Future Global Food System Challenge

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PLYMOUTH, MINNESOTA; CHICAGO, ILLINOIS; BONN, GERMANY – Newsaktuell – 2 September 2025 – The Seeding The Future Foundation (STF), the Institute of Food Technologists (IFT), and Welthungerhilfe (WHH) today announced the next chapter of the Seeding The Future Global Food System Challenge (GFSC). With the conclusion of its fourth cycle, operations will transition from IFT to WHH, an international leader in food systems transformation and the fight against hunger in the Global South.

Launched by STF in 2021 and hosted by IFT, the Challenge has become a premier platform for advancing breakthrough innovations. Over four years, it has drawn more than 4,000 applications from 97 countries, awarding $1 million annually to visionary teams tackling urgent food system challenges. The program has accelerated solutions that improve food security, reduce environmental impact, and build resilience in vulnerable communities.

“We are incredibly proud of what the Challenge has achieved and the vital role we played in helping visionary innovators bring forward solutions that improve lives worldwide,” said Christie Tarantino-Dean, CEO of IFT. “Our mission to create healthier, more sustainable, and more accessible food systems has guided this partnership, and we are confident the Challenge will continue to thrive and evolve under WHH’s leadership.”

“IFT’s dedication helped build a strong global innovation platform that has inspired transformative innovations by thousands of teams globally. As we enter the next phase with WHH, we look forward to broadening the Challenge’s reach and continuing to accelerate solutions that ensure safe, nutritious, and sustainable food for all. With decades of experience in agriculture, food security, and innovation, and deep partnerships across Africa, Asia, and Latin America, WHH is uniquely positioned to lead the Challenge going forward.” said Dr. Bernhard van Lengerich, Founder and CEO of STF.

The Challenge will continue to distribute $1 million annually across three award categories for innovations that advance equitable access to safe and nutritious food, promote sustainable and regenerative practices, and deliver trusted, affordable, and appealing solutions:

  • Seed Grants (up to 8 at $25,000 each)
  • Growth Grants (up to 3 at $100,000 each)
  • Grand Prizes (up to 2 at $250,000 each)

Beginning with the 2025–26 cycle, opening October 15, 2025, WHH assumes full operational leadership.

“Welthungerhilfe is honored to lead the Challenge into its next phase,” said Mathias Mogge, CEO and General Secretary of WHH. “At a time of rising humanitarian needs and constrained development budgets, scalable innovations that combine efficiency, sustainability, and equity are indispensable. This Challenge will continue to spotlight and support solutions with lasting global impact.”

For more information about the Challenge, visit https://www.welthungerhilfe.org/global-food-system-challenge or email globalfoodsystemchallenge@welthungerhilfe.de.

Hashtag: #Welthungerhilfe

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

About Seeding The Future Foundation

STF is a private nonprofit dedicated to ensuring equitable access to safe, nutritious, affordable, and trusted food. It supports innovations that transform food systems and benefit both people and planet. More at seedingthefuture.org.

About Welthungerhilfe

WHH is one of Germany’s largest private aid organizations, striving for a world without hunger since 1962. In 2024, it supported nearly 19 million people in 37 countries. More at welthungerhilfe.org.

About Institute of Food Technologists

Since 1939, the IFT has served as the voice of the global food science community. IFT advocates for science, technology, and research to address the world’s greatest food challenges, guiding a community of more than 200,000. More at ift.org.

Berlin Women’s Choir Performs in Yanguan, Fostering Cultural Exchange with Pure Female Voices

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JIAXING, CHINA – Media OutReach Newswire – 2 September 2025 – On the evening of August 28, 2025, the Berlin Women’s Choir from Germany gave a concert at the Yanguan Theatre, conducted by renowned maestro Sabine Wuesthoff. This concert marked the ensemble’s debut performance in China.

Berlin Women’s Choir Performs in Yanguan, Fostering Cultural Exchange with Pure Female Voices

More than twenty members of the choir performed entirely a cappella, featuring works from composers including Beethoven and Schumann. Their harmonious blend and crystal-clear tone demonstrated exceptional artistry. In the second half of the concert, the Berlin Women’s Choir joined hands with the Hangzhou Women’s Choir to perform the traditional Chinese folk song Jasmine Flower (Mo Li Hua), creating a gentle musical dialogue between East and West.

The Yanguan Theatre, located in the ancient city known as the “Tides and Music Resort,” has become a favored venue for international performances thanks to its refined acoustics and tranquil atmosphere. Prior to the concert, the choir also gave an impromptu, unadorned performance at Yanguan’s Imperial Wharf, without costumes or stage lighting, embodying the idea that “music belongs to everyone.”

Founded in 2015, the Berlin Women’s Choir has won multiple first prizes at German choral competitions and, in 2020, received the OPUS KLASSIK award for classical music. Conductor Sabine Wuesthoff is a recipient of both the Mendelssohn Medal and the Order of Merit of the Federal Republic of Germany.

Today, Yanguan has become a dynamic artistic arena where strings, piano, percussion, vocals, and traditional instruments such as the guzheng and dizi converge. It continues to witness the growth and fusion of local and international, traditional and contemporary music, allowing the world to hear ever more resonant artistic echoes from this historic place.

Hashtag: #Yanguan

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

Ascletis to Present 28-day Multiple Ascending Dose Study Results of Oral Small Molecule GLP-1R Agonist ASC30 at the 61st European Association for the Study of Diabetes (EASD) Annual Meeting

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– Ascletis to present data from the U.S. Phase Ib clinical study of ASC30 oral tablet in oral discussion

– On track to report topline data from Phase IIa clinical study of ASC30 oral tablet in participants with obesity or overweight in the fourth quarter of 2025

HONG KONG, Sept. 2, 2025 /PRNewswire/ — Ascletis Pharma Inc. (HKEX: 1672, “Ascletis”) announces that data from its 28-day multiple ascending dose study of its oral small molecule GLP-1 receptor (GLP-1R) agonist ASC30 (NCT06680440) will be presented in a short oral discussion at the 61st European Association for the Study of Diabetes (EASD) Annual Meeting held in Vienna, Austria.

Details of the Short Oral Discussion

Abstract Title: ASC30, an oral GLP-1R biased small molecule agonist demonstrated superior weight loss in participants with obesity: a 28-day multiple ascending dose study

Short Oral Discussion Sessions Event A: SO 073 The GLP-1 portfolio: diverse formulations for expanding clinical applications

Presentation Time: September 16, 2025, 12:00 – 13:00 CEST

Presentation Number: 827

“We look forward to presenting our ASC30 oral tablet clinical data to the community at this year’s EASD Annual Meeting,” said Jinzi Jason Wu, Ph.D., Founder, Chairman and CEO of Ascletis. “We believe that these efficacy and safety data will position ASC30 oral tablet as a potentially differentiated option for the treatment of obesity.”

About ASC30

ASC30 is an investigational GLP-1R biased small molecule agonist and has unique and differentiated properties that enable the same small molecule for both oral tablet and subcutaneous injection administrations. ASC30 is a new chemical entity (NCE), with U.S. and global compound patent protection until 2044 without patent extensions.

About the European Association for the Study of Diabetes (EASD)

Founded in 1965 and based in Düsseldorf, Germany, the European Association for the Study of Diabetes (EASD) aims to encourage and support research in the field of diabetes, the rapid diffusion of acquired knowledge and to facilitate its application. The EASD Annual Meeting features groundbreaking basic research, cutting-edge clinical trial results and in-depth expert debates. The 61st EASD Annual Meeting will be held in Vienna, Austria, from September 15 to 19, 2025.

About Ascletis Pharma Inc.

Ascletis Pharma Inc. is a fully integrated biotechnology company focused on the development and commercialization of potential best-in-class and first-in-class therapeutics to treat metabolic diseases. Utilizing its proprietary Artificial Intelligence-Assisted Structure-Based Drug Discovery (AISBDD) Platform and Ultra-Long-Acting Platform (ULAP), Ascletis has developed multiple drug candidates in-house, including its lead program, ASC30, a small molecule GLP-1R agonist in development as a once-daily oral tablet and once-monthly subcutaneous injection for weight management. Ascletis is listed on the Hong Kong Stock Exchange (1672.HK).

To learn more about Ascletis, please visit www.ascletis.com .

Contact ：

Peter Vozzo
ICR Healthcare
443-231-0505 (U.S.)
Peter.vozzo@icrhealthcare.com 

Ascletis Pharma Inc. PR and IR teams
+86-181-0650-9129 (China)
pr@ascletis.com
ir@ascletis.com 

China Automotive Systems Announces Special Meeting of Stockholders on September 10, 2025

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A special meeting of stockholders will be held on Wednesday, September 10, 2025, at 9:00 AM local time or 9:00 PM EDT on Tuesday, September 9, 2025

WUHAN, China, Sept. 2, 2025 /PRNewswire/ — China Automotive Systems, Inc. (Nasdaq: CAAS) (“CAAS” or the “Company”), a leading power steering components and systems supplier in China, today announced that a Special Meeting of Stockholders of China Automotive Systems, Inc. will be held on September 10, 2025 (Wednesday) at 9:00 am at the Second Floor Meeting Room, D8 Henglong Building, Optics Valley Software Park, No. 1 Guanshan First Avenue, Wuhan City, Hubei Province, the People’s Republic of China. The Company has also set up a conference room on September 9, 2025 (Tuesday) at 9:00 pm at Henglong USA Corporation, 2546 Elliott Drive, Troy, Michigan, U.S. for the Company’s US shareholders to participate at the Special Meeting via TEAMS connection.

A live webcast of the conference call will be available at:

https://teams.microsoft.com/l/meetup-join/19%3ameeting_ZWM2NGI0NmUtZDk4MC00YjM5LWJlZWEtOTU5OTk5OTAyYmVi%40thread.v2/0?context=%7b%22Tid%22%3a%22cf846fcf-1482-47e0-a407-7dc3c6b19678%22%2c%22Oid%22%3a%220f3e257d-03e5-440d-9977-7483f6fca3ff%22%7d 

Meeting number (access code): 245 236 055 348 5
Meeting password: aH6Hr7zi

About China Automotive Systems, Inc.

Based in Hubei Province, the People’s Republic of China, China Automotive Systems, Inc. is a leading supplier of power steering components and systems to the Chinese automotive industry, operating through its sixteen Sino-foreign joint ventures and wholly owned subsidiaries. The Company offers a full range of steering system parts for passenger automobiles and commercial vehicles. The Company currently offers four separate series of power steering with an annual production capacity of over 8 million sets of steering gears, columns and steering hoses. Its customer base is comprised of leading auto manufacturers, such as China FAW Group, Corp., Dongfeng Auto Group Co., Ltd., BYD Auto Company Limited, Beiqi Foton Motor Co., Ltd. and Chery Automobile Co., Ltd. in China, and Stellantis N.V. and Ford Motor Company in North America. For more information, please visit: http://www.caasauto.com.

Forward-Looking Statements

This press release contains statements that are “forward-looking statements” as defined under the Private Securities Litigation Reform Act of 1995. Forward-looking statements represent our estimates and assumptions only as of the date of this press release. Our actual results may differ materially from the results described in or anticipated by our forward-looking statements due to certain risks and uncertainties. As a result, the Company’s actual results could differ materially from those contained in these forward-looking statements due to a number of factors, including those described under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K as filed with the Securities and Exchange Commission on March 28, 2025, and in documents subsequently filed by the Company from time to time with the Securities and Exchange Commission. Any of these factors and other factors beyond our control, could have an adverse effect on the overall business environment, cause uncertainties in the regions where we conduct business, cause our business to suffer in ways that we cannot predict, and materially and adversely impact our business, financial condition and results of operations. A prolonged disruption or any further unforeseen delay in our operations of the manufacturing, delivery and assembly process within any of our production facilities could continue to result in delays in the shipment of products to our customers, increased costs and reduced revenue. We expressly disclaim any duty to provide updates to any forward-looking statements made in this press release, whether as a result of new information, future events or otherwise.

For further information, please contact:

Jie Li
Chief Financial Officer
China Automotive Systems, Inc.
jieli@chl.com.cn

Kevin Theiss
Awaken Advisors
+1-212-510-8922
Kevin@awakenlab.com

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