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CIMB Singapore and Wing Bank Forge Strategic Partnership to Boost Cross-Border Financial Services Between Singapore and Cambodia

SINGAPORE and PHNOM PENH, Cambodia, June 2, 2025 /PRNewswire/ — CIMB Singapore and Wing Bank (Cambodia) Plc have entered a strategic partnership through a Memorandum of Understanding (MoU) to enhance cross-border financial services and deepen economic collaboration between Singapore and Cambodia. 

This partnership represents a significant milestone in strengthening financial connectivity within ASEAN, leveraging CIMB Singapore’s regional expertise and Wing Bank’s local leadership to serve a broad spectrum of clients—from commercial enterprises and SMEs to high-net-worth individuals.

Clockwise, Dr. Dmytro Kolechko, CEO of Wing Bank, Neak Oknha KITH MENG, Chairman of the Board of Directors of Wing Bank and CEO of the Royal Group of Companies, and Victor Lee Meng Teck, CEO of CIMB Singapore and CEO of Growth Markets, are posing for a photo during the MoU signing ceremony.
Clockwise, Dr. Dmytro Kolechko, CEO of Wing Bank, Neak Oknha KITH MENG, Chairman of the Board of Directors of Wing Bank and CEO of the Royal Group of Companies, and Victor Lee Meng Teck, CEO of CIMB Singapore and CEO of Growth Markets, are posing for a photo during the MoU signing ceremony.

“Teaming up with CIMB Singapore allows us to bring world-class financial solutions to our customers while deepening Cambodia’s economic integration with Singapore,” said Dr. Dmytro Kolechko, CEO of Wing Bank. “This marks a pivotal step toward greater financial inclusion and cross-border opportunity.”

The alliance combines CIMB Singapore’s extensive regional expertise from its Singapore hub with Wing Bank’s deep-rooted presence in Cambodia, aiming to deliver seamless financial solutions for commercial banking clients, SMEs, and high-net-worth individuals. 

Victor Lee Meng Teck, CEO of CIMB Singapore and CEO of Growth Markets, added: “Our collaboration with Wing Bank reflects CIMB’s commitment to advancing financial inclusion and economic progress across ASEAN. Together, we will unlock new value for customers and strengthen the Singapore-Cambodia financial corridor.”

The collaboration will deliver seamless, tailored banking solutions, including deposits, loans, remittances, and trade finance to support growing demand from cross-border businesses. A key focus is to empower Cambodian SMEs, which form the backbone of Cambodia’s economy—accounting for 98% of businesses, 70% of employment, and 58% of GDP.

In 2024, Cambodia-Singapore trade surged to USD 103 million according to General Department of Customs and Excise of Cambodia–an impressive growth of 101% year-on-year, and a clear sign of intensifying economic synergy. This partnership will further streamline financial services, enabling smoother cross-border transactions and business growth. 

For high-net-worth individuals, the partnership will leverage CIMB Singapore’s hub—a leading ASEAN wealth management center—alongside Wing Bank’s local market expertise to offer sophisticated investment and wealth management solutions tailored to Cambodia’s evolving financial landscape. 

This landmark alliance sets the stage for a new era of Singapore-Cambodia financial integration, driving innovation, inclusion, and sustainable growth. By bridging two dynamic economies, CIMB Singapore and Wing Bank are paving the way for a more interconnected and prosperous ASEAN future.

For more information, please visit: https://www.wingbank.com.kh/en/category/company-news/

Health In Tech Chief Growth Officer to Be Featured on “New to The Street” Interview at NYSE

STUART, Fla., June 2, 2025 /PRNewswire/ — Health In Tech (Nasdaq: HIT), an Insurtech platform company backed by third-party AI technology, is pleased to share that Chief Growth Officer Dustin Plantholt will be featured in an upcoming interview on “New to The Street,” filmed live at the New York Stock Exchange (NYSE) on June 3, 2025, at 10:00 AM ET.

Joining Mr. Plantholt for the interview are two key industry collaborators:

  • Chad A. Huff, Agency VP, Hilb Group
  • David Baily, Principal and Commercial Insurance Advisor, Baily Insurance

Together, they will explore how their collaboration is shaping smarter, more transparent health benefit solutions for small and mid-size businesses across the United States.

The full interview will broadcast on Bloomberg TV as part of sponsored business programming. In addition, a highlight segment from the interview will be featured on the Nasdaq MarketSite billboard in Times Square, bringing the story front and center to a global audience in one of the world’s most iconic locations.

“This interview marks an exciting milestone for Health In Tech and our valued partners,” said Dustin Plantholt. “Through our work with Hilb Group and Baily Insurance, we are helping to reshape the landscape of self-funded healthcare with solutions that are built on innovation, clarity, and trust.”

About Health In Tech

Health In Tech (Nasdaq: “HIT”) is an Insurtech platform company backed by third-party AI technology, which offers a marketplace that aims to improve processes in the healthcare industry through vertical integration, process simplification, and automation. By removing friction and complexities, we streamline the underwriting, sales and service process for insurance companies, licensed brokers, and TPAs. Learn more at healthintech.com.

About Hilb Group

Hilb Group is a leading property and casualty and employee benefits insurance brokerage and advisory firm headquartered in Richmond, Virginia. Hilb Group is a portfolio company of The Carlyle Group, a global investment firm. Hilb Group seeks to grow through strategic acquisitions and by leveraging its resources and expertise to drive organic growth in its acquired agencies. The company has completed more than 190 acquisitions with over 125 offices in 31 states. Hilb Group is rated as one of the Fastest Growing Brokers by Business Insurance, a Top P/C Agency by Insurance Journal, and one of America’s Fastest Growing Private Companies in the Inc. 5000. For more information on Hilb Group’s growth as well as career opportunities, please visit our website at http://hilbgroup.com.

About Baily Insurance

Baily Insurance has been a trusted, faith-based, family-owned agency since 1880, providing tailored insurance solutions for individuals, families, and businesses. Learn more at http://bailyagency.com.

In pursuit of their mission to “Honor God with our work,” Baily Insurance also co-founded Fusion Health Plans, a national platform leveraging Health-In-Tech’s cutting-edge solutions. Fusion helps insurance brokers save their employer clients millions through smarter self-funded and level-funded benefit plans for groups of 25 to 250 employees. Explore more at http://www.fusionhealthplans.com.

Use of ForwardLooking Statements

Certain statements in this press release are forward-looking statements for purposes of the safe harbor provisions under the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements may include estimates or expectations about Health In Tech’s possible or assumed operational results, financial condition, business strategies and plans, market opportunities, competitive position, industry environment, and potential growth opportunities. In some cases, forward-looking statements can be identified by terms such as “may,” “will,” “should,” “design,” “target,” “aim,” “hope,” “expect,” “could,” “intend,” “plan,” “anticipate,” “estimate,” “believe,” “continue,” “predict,” “project,” “potential,” “goal,” or other words that convey the uncertainty of future events or outcomes. These statements relate to future events or to Health In Tech’s future financial performance, and involve known and unknown risks, uncertainties and other factors that may cause Health In Tech’s actual results, levels of activity, performance, or achievements to be different from any future results, levels of activity, performance or achievements expressed or implied by these forward-looking statements. You should not place undue reliance on forward-looking statements because they involve known and unknown risks, uncertainties and other factors which are, in some cases, beyond Health In Tech’s control and which could, and likely will, affect actual results, levels of activity, performance or achievements. Any forward-looking statement reflects Health In Tech’s current views with respect to future events and is subject to these and other risks, uncertainties and assumptions relating to Health In Tech’s operations, results of operations, growth strategy and liquidity.

Investor Contact

Investor Relations:
ir@healthintech.com

8 Incredible Places to Visit in and Around Chengdu—China’s City of Pandas, Hotpot, and Heritage

SHANGHAI, June 2, 2025 /PRNewswire/ — Once a hidden gem, Chengdu—the capital of China’s Sichuan province— is fast becoming one of the country’s most talked-about destinations. With an alluring blend of ancient tradition, fiery cuisine, and natural beauty (often showcased on social media), it’s no surprise that the city is a rising favourite, with pre-summer bookings up over 180%.

A notable rise in domestic and international flight routes, including greater connectivity via major hubs such as Shanghai and Beijing, is making the vibrant city more accessible than ever. 

And as travellers seek deeper, more immersive experiences beyond the bustling megacities, Chengdu, the City of Gastronomy designated by UNESCO, is emerging as the perfect counterpoint—rich in culture yet refreshingly laid-back.

For visitors looking to explore the city’s most iconic experiences, here are a few highlights that stand out:

1. Chengdu Research Base of Giant Panda Breeding

No visit to Chengdu is complete without meeting its most famous residents. The research base offers a rare opportunity to see giant pandas and red pandas in a carefully designed environment that mirrors their natural habitat. Enjoy an intimate experience with over 100 giant pandas and meet celebrity pandas Hua Hua and Qi Yi. The best viewing spots are Villas 1 and 2, where you can watch these majestic creatures play and snack on their favourite snack, bamboo. An unmissable experience is the panda cub enclosure, where you can observe 3-month-old cubs play, nap, and explore their surroundings. Make sure to visit in the morning when the pandas are most active and adorable. Find out more here: Chengdu Research Base of Giant Panda Breeding.

2. Margo Manor Hotpot

Spice is a way of life in Sichuan province, and nowhere is it more memorably served than at Margo Manor. This impressive hotpot restaurant blends stunning architecture, performance, and fiery Sichuan flavours into one unforgettable dining experience. It’s a must for lovers of bold cuisine, local flair and spicy flavours.

3. Taikoo Li Chengdu

Blending ancient Chinese architecture with modern luxury storefronts creates a cosmopolitan cool. This open-air shopping and lifestyle complex in the city’s heart is a case study in how Chengdu embraces the modern without losing its soul. Expect designer brands like Alexander McQueen, Gucci and Versace among cutting-edge galleries, and some of the city’s best cafés and cocktail bars, including %Arabica and Wang De Chuan Tea Company. Shoppers can also enjoy tax-free benefits at the nearby IFS (International Finance Square)—a convenient bonus for international travellers looking to indulge and conveniently process their tax refunds immediately after shopping at participating stores.

4. Chuancai Museum

Located in the northwest suburb of Chengdu, this interactive museum is the first of its kind in China. Visitors explore the history of Sichuan cooking with a sensory overload. Take in the smell of Sichuan’s famous peppercorn, an intoxicating, earthy perfume scent like no other. Or dive in and sample delicious Sichuan delicacies, including Sichuan-style stuffed pancake, northern Sichuan-style jelly, Tofu pudding, and dumplings. Not only will you observe the local gastronomic history, but you can also enjoy the museum through taste and smell, sampling famous local foods. Guests can even try their hand at preparing local dishes alongside expert chefs, who will take you on a culinary journey of Sichuan province. Find out more here: Sichuan Cuisine Museum.   

5. Chengdu Peoples Park

Chengdu Renmin Park is an essential stop for a taste of local life. This urban oasis allows visitors to experience the laid-back nature of the city from locals practising tai chi, families enjoying tea in open-air pavilions, and street musicians playing traditional instruments. Be sure to stop and sip on Chengdu’s famous jasmine tea, or even try the local tradition of ear-cleaning. A soothing experience that’s part cultural curiosity, part wellness ritual.

Side Trips Beyond the City

Thanks to Chengdu’s well-developed high-speed rail and domestic flight network, getting away from the city is easy and rewarding. Here are three must-see attractions, perfect for a day or weekend trip:

6. Jiuzhaigou Valley

On the edge of the Tibetan Plateau are the Min Mountains, which include the nature conservation site Jiuzhaigou Nature Reserve. A UNESCO World Heritage Site, famed for its crystal-clear lakes and lush wooded mountains. Jiuzhaigou is a nature lover’s dream. Spring sees the landscape in full bloom, making it a wonderful escape for hikers, photographers and anyone seeking peace in nature.

7. Mount Emei

Mount Emei, one of China’s Four Sacred Buddhist Mountains, offers spiritual tranquillity and dramatic mountain views. This UNESCO World Heritage Site is ideal for those up for a challenge; scaling its ancient stone stairways will ensure you’re standing on a sea of clouds, overlooking a breathtaking vista. Visitors can also take a leisurely stroll along its cliffside monasteries and potentially encounter the monkeys that inhabit the mountain.

8. Leshan Giant Buddha

Just a short train ride from Chengdu, this 71-metre-high stone Buddha statue, carved over a millennium ago, is the largest of its kind in the world. Viewed by boat or from a hillside path, it’s a staggering testament to ancient ingenuity and faith.

More about Chengdu: The International City of Intangible Cultural Heritage

Chengdu isn’t just a side trip—it’s becoming the main event with its unique pace of life and an abundance of experiences in and around the city!

The return of the biennial Chengdu International Intangible Cultural Heritage Festival (ICH) from 28 May to 3 June is adding to the city’s allure. The ICH Festival is a vibrant celebration of traditional arts, music and heritage, and further highlights the cultural pull of the vibrant Sichuan province and the uniqueness of Chengdu. This year’s festivities were organised in partnership with Trip.com Group. 

As part of the continued celebrations, Trip.Best Awards were also handed out: Trip.com’s AI-curated, expert-reviewed rankings, which spotlight the city’s must-see attractions, restaurants and hotels. For example, on the Trip.Best Chengdu list, local attractions include Wuhou Shrine, Sichuan Opera show and Chengdu Museum or find the best hotels in Chengdu.  

During the evening award show, guests were captivated by an eye-catching drone light show which stylishly told the history of China and Chengdu, while lively folk music and dances added to the atmosphere.

Chengdu is part of a growing wave of cities benefiting from China’s broader inbound tourism push. New visa-free policies, expanded rail connections, and digital-friendly travel tools make multi-city trips across China even more seamless. If you find yourself transiting in China, travellers can benefit from some amazing express tours – a free half-day layover tour designed to allow travellers to explore the charm and traditions of Shanghai or Beijing. Find out more on the Trip.com website: Beijing Express & Shanghai Express.

For more travel inspiration, check out the Trip.Best Asia 100 list or dive straight into Trip.Best Chengdu list and start planning your trip to China.

About  Trip.com

Trip.com is an international one-stop travel service provider, available in 24 languages across 39 countries and regions in 35 local currencies. Trip.com has an extensive hotel and flight network consisting of more than 1.5 million hotels and flights from over 640 airlines covering 3,400 airports in 220 countries and regions around the globe. Trip.com‘s world-class 24/7 multilingual customer service, as well as additional centres in Edinburgh, Tokyo and Seoul, help to ‘create the best travel experience’ for its millions of customers worldwide. To book your next trip, visit trip.com.

Taoping Selected for New US$2.8 Million Agricultural Product Supply Contract; Company Continues to Build Momentum in Important Growth Market

SHENZHEN, China, June 2, 2025 /PRNewswire/ — Taoping Inc. (Nasdaq: TAOP, the “Company”), a provider of innovative smart cloud platform services and solutions, today announced that it has been selected for a new RMB 20 million (US$2.8 million) sales and purchase agreement. Under the latest agreement with Hunan Xiuxiang Agricultural Technology Co., Ltd. (“Xiuxiang Agricultural”), the two parties will cooperate over a two-year period, during which Taoping will supply designated agricultural products.

Xiuxiang Agricultural, based in Changsha, Hunan Province, specializes in the sale of vegetable products. After studying Taoping’s state-of-the-art agricultural base in Mengla County, Yunnan Province, the company selected Taoping to help further modernize its operations and increase supply chain efficiency.

Today’s agreement follows the major agreement Taoping announced earlier this year for a project expected to generate an annual output value of RMB 600 million (US$83.3 million) by 2027 in Mengla County, Xishuangbanna Prefecture, Yunnan Province. The scope includes advanced agricultural planting, the efficient application of agricultural technologies, the incubation of high-tech enterprises, and agricultural ecological tourism.

Mr. Jianghuai Lin, Chairman and CEO of the Company, said: “I am very proud of our team for all of its hard work and continued execution. This is an exciting new growth market for us, where we can leverage our expertise to add tremendous value to our partners and, we believe, also unlock significant value for our shareholders. We are already seeing very high interest from potential partners, given the enormous demand for agricultural products, especially vegetables, in China due to its large population.”

“Our team has conducted several months of successful trials at our base in Mengla County, with positive improvements in both yield and quality of the products grown. We plan to further double down on our focus and investment in this large, new growth market, given the opportunities in front of us, including the newest contract we are announcing today. Moving forward, we will expand our planting areas, vigorously develop order-based agriculture, increase production capacity, and focus on market expansion. By providing high-quality agricultural products, we aim to meet customer demand and create additional revenue streams for the company.”

About Mengla County, Yunnan Province

Mengla County is located in the southeastern part of Yunnan Province, China, bordering Laos to the south. It is part of the Xishuangbanna Dai Autonomous Prefecture and is known for its tropical rainforest, rich biodiversity, and ethnic diversity, with significant Dai, Hani, and Yi populations. The county is home to parts of the Xishuangbanna National Nature Reserve, which protects endangered species like Asian elephants and gibbons. Mengla serves as an important trade hub between China and Laos, with the Mohan border crossing being a key point for cross-border commerce. The region’s economy is driven by tourism, agriculture (notably tea and rubber plantations), and trade.

About Taoping Inc.

Taoping Inc. (Nasdaq: TAOP) has a long history of successfully leveraging technology in the development of innovative solutions to help customers in both the private and public sectors to more effectively communicate and market to their desired targets. The Company has built a far-reaching city partner ecosystem and comprehensive portfolio of high-value, high-traffic areas for its products, which are aligned together with Taoping’s smart cloud platform, cloud services and solutions, new media and artificial intelligence. For more information about Taoping, please visit http://en.taop.com.  You can also follow us on X.

Safe Harbor Statement

This press release contains “forward-looking statements” that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release, such as statements regarding our estimated future results of operations and financial position, our strategy and plans, and our objectives or goals, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. We have attempted to identify forward-looking statements by terminology including “anticipates,” “believes,” “can,” “continue,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “should,” or “will” or the negative of these terms or other comparable terminology. Our actual results may differ materially or perhaps significantly from those discussed herein, or implied by, these forward-looking statements. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: our potential inability to achieve or sustain profitability or reasonably predict our future results, the effects of the global Covid-19 pandemic or other health crisis, the emergence of additional competing technologies, changes in domestic and foreign laws, regulations and taxes, uncertainties related to China’s legal system and economic, political and social events in China, the volatility of the securities markets; and other risks including, but not limited to, those that we discussed or referred to in the Company’s disclosure documents filed with the U.S. Securities and Exchange Commission (the “SEC”) available on the SEC’s website at www.sec.gov, including the Company’s most recent Annual Report on Form 20-F as well as in our other reports filed or furnished from time to time with the SEC. The forward-looking statements included in this press release are made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking statements, other than as required by applicable law.

OnCusp Therapeutics Announces Encouraging Initial Phase 1a Results from Ongoing First-in-Human Study Evaluating its CDH6-Directed Antibody-Drug Conjugate, CUSP06, in Platinum-Refractory/Resistant Ovarian Cancer and Other Advanced Solid Tumors at the 2025 ASCO Annual Meeting

CUSP06 is a CDH6-directed ADC with a differentiated profile and potentially best-in-class activity

CUSP06 demonstrated a manageable safety profile, consistent with other TOP1-inhibitor ADCs

Promising signs of efficacy were observed in patients with heavily pretreated platinum-resistant high-grade serous ovarian cancer (HGSOC) without CDH6 pre-selection

PRINCETON, N.J., June 2, 2025 /PRNewswire/ — OnCusp Therapeutics, Inc., a clinical-stage biopharmaceutical company dedicated to transforming cutting-edge preclinical innovation into clinically validated treatments for cancer patients, today announced initial Ph1a data from its ongoing Phase 1 open-label, multicenter dose escalation and expansion study evaluating CUSP06, a CDH6-directed antibody-drug conjugate (ADC) with a differentiated profile, in patients with platinum-refractory/resistant ovarian cancer and other advanced solid tumors. The data are being presented today at the 2025 American Society of Clinical Oncology (ASCO) Annual Meeting being held in Chicago, Illinois.

“We are excited by the early results, especially in platinum-resistant HGSOC, which demonstrated promising activity in a heavily pretreated population without requiring CDH6 biomarker selection,” said Dr. Bing Yuan, Co-Founder and CEO of OnCusp Therapeutics. “These data, together with previously presented preclinical findings, underscore the best-in-class potential of CUSP06. We look forward to observing promising data in the Phase 1b study and to bringing this therapy to patients with ovarian cancer and other CDH6-expressing solid tumors.”

The Phase 1 trial is an open-label, multicenter, first-in-human study of CUSP06. The primary objective of the study is to assess the safety, tolerability, pharmacokinetics, and preliminary efficacy of CUSP06 in patients with platinum-refractory/resistant ovarian cancer and other advanced solid tumors. The Phase 1a portion will determine the recommended doses for expansion and the Phase 1b portion will focus on further characterizing safety and efficacy in select tumor types.

As of May 13, 2025, data are available for 37 patients who have received CUSP06 once every three weeks (Q3W) at doses ranging from 1.6 to 5.6 mg/kg. These patients were heavily pretreated, with a median of 4 prior lines of therapy. Promising efficacy was observed in patients with heavily pretreated platinum-resistant HGSOC without CDH6 pre-selection. The overall response rate (ORR) was 36% in HGSOC (9/25; 5 confirmed (including 2 responders who had previously received mirvetuximab treatment) and 4 unconfirmed partial responses (PRs)). All patients with unconfirmed PRs remain on treatment. The ORR reached 50% at both 4.0 mg/kg + prophylactic granulocyte colony-stimulating factor (G-CSF) and 4.4 mg/kg + G-CSF cohorts (3/6 and 1/2 patients, respectively); all responders remain on treatment. The clinical benefit rate (CBR) was 92% (23/25). CA-125 responses occurred in 45% of Gynecologic Cancer InterGroup (GCIG)-evaluable HGSOC patients, further supporting clinical activity. Responses were seen in low and high-CDH6-expressing tumors. CUSP06 has been well tolerated, with manageable hematologic toxicities as the most common treatment-related adverse events. These Phase 1a safety and efficacy results support continued evaluation of CUSP06 in platinum-resistant HGSOC and other CDH6-positive tumors in Phase 1b expansion cohorts.

CUSP06 was recently granted Fast Track designation by the U.S. Food and Drug Administration for the treatment of patients with platinum-resistant ovarian cancer.

Poster Presentation Details:

Title: First-in-human (FIH) Phase 1 study of CUSP06, a cadherin-6 (CDH6)-directed antibody-drug conjugate (ADC), in patients with platinum-refractory/resistant ovarian cancer and other advanced solid tumors.
Session Title: Developmental Therapeutics—Molecularly Targeted Agents and Tumor Biology
Date and Time: June 21:30 PM CDT
Abstract Number: 3042
Poster Number: 357
Location: Hall A

About CUSP06

CUSP06, a CDH6 ADC, is composed of a proprietary antibody with high CDH6 binding affinity, a protease-cleavable linker, and an exatecan payload (a potent and clinically validated topoisomerase-1 inhibitor). The linker is designed to complement the exatecan payload, enabling a stable and homogeneous ADC. The payload is a weak substrate for BCRP/P-gp, which are drug efflux pumps that drive chemoresistance to many therapies. In preclinical data, this linker-payload has been shown to have an increased “bystander effect” compared with competitor ADCs. CUSP06 has a drug-to-antibody ratio of eight. OnCusp obtained the exclusive global rights (outside of China) to lead the development and commercialization of CUSP06 from Multitude Therapeutics in 2022. CUSP06 is being evaluated in a Phase 1 study in patients with platinum refractory/resistant ovarian cancer and other advanced solid tumors. Additional information on the CUSP06-1001 (NCT06234423) trial can be found at ClinicalTrials.gov.

About OnCusp Therapeutics

OnCusp Therapeutics, Inc., headquartered in Princeton, New Jersey, is a clinical-stage biopharmaceutical company dedicated to transforming cutting-edge preclinical innovation into clinically validated treatments for cancer patients. OnCusp was co-founded by Dr. Bing Yuan, Dr. Eric Slosberg, and Dr. Andy Fu, and has built a strong team of accomplished veterans with proven track records in building biotech startups, leading successful preclinical and clinical programs, and creating value through global partnerships. The company is committed to accelerating the advancement of globally competitive oncology assets for patients. OnCusp raised an oversubscribed $100 million Series A financing round in January 2024, co-led by Novo Holdings, OrbiMed, and F-Prime Capital.

Contact:

OnCusp Investors & Media:

Argot Partners

OnCusp@argotpartners.com

XTEP Sponsors Vietnamese Top Runner Phạm Thị Hồng Lệ to Win VnExpress Marathon Ha Long 2025, Demonstrating Brand Strength and Professionalism

HA LONG, Vietnam, June 2, 2025 /PRNewswire/ — Professional sportswear brand XTEP has sponsored top runner Phạm Thị Hồng Lệ in the VnExpress Marathon Ha Long 2025 on June 1, who won the competition with 02:59:31. The event, attracting thousands of elite runners, also saw XTEP-sponsored runners secure podium finishes in the half marathon: Đào Minh Chí took third place in the men’s category (01:13:23), while Hán Thị Bích Thư earned third in the women’s division (01:31:17). These achievements collectively highlighted the performance edge provided by XTEP’s sports equipment.

Hailing from Bình Định Province, the 27-year-old Phạm Thị Hồng Lệ boasts an illustrious career, including a bronze medal in the 2019 Southeast Asian Games marathon and a gold medal in the 10,000 meters at the 2021 Southeast Asian Games. Despite withdrawing from the Vietnamese national track and field team due to injury, her passion for the sport led her to transition into a marathon runner. Recognizing her passion and tenacity, XTEP has signed her as a key athlete and is providing comprehensive support.

Lệ’s winning performance was powered by the XTEP 160X 6.0 PRO, equipped with the groundbreaking XTEP ACE midsole technology. The shoe incorporates the industry-first Shot-Molded Foam, delivering enhanced rebound, lightweight agility, and perfectly tuned density for a dynamic stride. Its forefoot propulsion system boosts efficiency by 9.9%, granting runners explosive speed and stability. To date, the 160X series has propelled 95 athletes worldwide to 451 championship titles.  Additionally, XTEP has introduced new acceleration colorways for its flagship running shoes, not only providing runners with more options, but also demonstrating the brand’s commitment to inspiring the public through professional excellence.

XTEP continues to strengthen its presence in Vietnam, now operating 39 stores nationwide. The Xtep Running Club (XRC), originally from China with 2.2 million members spread across 200 cities and 67 physical running clubs offering professional, tailored, and thoughtful running support services, has successfully expanded to Vietnam. The Vietnam XRC has attracted over 16,000 Facebook followers while promoting sustainable running culture. Follow updates via Facebook: https://www.facebook.com/xteprunclub/.

The 160x series is available in Vietnam both in-store and online. You can shop on https://xtep.vn/pages/he-thong-cua-hang or visit the two stores:

XTEP Aeon Mall Ha Dong

Address: Unit T119-1, 1st Floor, Aeon Mall Ha Dong, Hoang Van Thu Residential Area, Duong Noi Ward, Ha Dong District, Hanoi

TEL: 024320790981

Xtep Royal City

Address: B2-R6-45, B2 Floor, Vincom Mega Mall Royal City, 72A Nguyen Trai Street, Thanh Xuan District, Hanoi

TEL: 0396778622 

About XTEP

XTEP Group, one of the leading sports brands in China, was founded in 1987 and officially established as the brand XTEP in 2001. The Group was listed on the Hong Kong Stock Exchange on June 3, 2008 (01368.hk). In 2019, the Group launched its global strategy, incorporating Saucony, Merrell, K•SWISS, and Palladium to become a leading international sports group with multiple sports brands. For more about XTEP, please visit https://www.globalxtep.com/

Crush Colossal Kaiju with a Game-Changing Blow: KAIJU NO. 8 THE GAME Unveils Details for Original Story!

Voice Actress Akari Kito Cast as Original Character for the Game, Sagan Shinomiya!

LOS ANGELES, June 2, 2025 /PRNewswire/ — Based on Naoya Matsumoto’s hit manga series, Kaiju No. 8, currently serialized on Shueisha’s Shonen Jump+ and with over 18 million copies printed and distributed in Japan (including digital editions) across 15 published volumes, the anime Kaiju No. 8 has garnered immense popularity not only in Japan but also overseas, particularly in North America. Building on this global success, Kaiju No. 8 THE GAME, a new title for smartphones and PC, is being developed by the powerhouse team of Akatsuki Games, TOHO, and Production I.G.

© JAKDF 3rd Division © Naoya Matsumoto/SHUEISHA © Akatsuki Games Inc./TOHO CO., LTD./Production I.G
© JAKDF 3rd Division © Naoya Matsumoto/SHUEISHA © Akatsuki Games Inc./TOHO CO., LTD./Production I.G

• Original Story Details Finally Unveiled!
Today, during the Kaiju No. 8: Defense Force Boot Camp in Yokohama event, brand-new information regarding the original story of Kaiju No. 8 THE GAME was officially announced.

Mysterious gates known as the Kaiju Dimensional Gates have suddenly appeared due to the actions of a certain Kaiju. In this new Kaiju No. 8 world, where Kaiju with unknown powers appear not only in Japan but across the globe, Identified Kaiju that were once thought to be defeated now confront the Defense Force by passing through these Kaiju Dimensional Gates.
On top of that, unknown Kaiju possessing special abilities—and seemingly responsible for the creation of these Kaiju Dimensional Gates—continue to cross over the boundary between dimensions to launch their attacks. Their appearance has led to a series of battles against colossal Kaiju.

• Special Dimensional Gate Response Unit “CLOZER” and Original Character “Sagan Shinomiya” Revealed!

In addition, the Closing Order with Zero Restrictions (CLOZER), a newly formed special unit established to investigate the mysteries surrounding the Kaiju Dimensional Gates, has been officially unveiled, along with original character Sagan Shinomiya.
Sagan Shinomiya, the leader of CLOZER, is the adoptive older sister (not related by blood) of Kikoru Shinomiya. This original game character moved to the United States and enlisted in the American Defense Force after being adopted into the Shinomiya family. Although details about Sagan Shinomiya’s weaponry and the battles she will face remain under wraps, players can look forward to her key role in the action-packed story ahead.

• Akari Kito Cast as Sagan Shinomiya! Greetings Video Also Released

Finally, it has been officially announced that Japanese voice actress Akari Kito will be voicing the newly revealed original character Sagan Shinomiya!
A special greetings video from Akari Kito has also been released in which she shared her thoughts on joining the project: “I’ll be joining as an original character for the game. I’m thrilled about it! I think Sagan has this tough look to her and just comes across as so cool. I think she’s pretty serious, but she’s also a great and honest person. I’ve been so excited to play this character and record her lines.”

• Watch Akari Kito’s Voice Actor Greetings Video
https://www.youtube.com/watch?v=jGzkqDvAcMI

• About KAIJU NO. 8 THE GAME

  • Title: KAIJU NO. 8 THE GAME
  • Planning & Production: Akatsuki Games Inc., TOHO CO., LTD., Production I.G, Inc.
  • Development & Operation: Akatsuki Games Inc.
  • Publicity Cooperation: TOHO CO., LTD., Production I.G, Inc.
  • Distribution: Akatsuki Games Inc.
  • Available Platforms: App Store,Google Play, Steam
  • Supported Languages: Japanese, English, Traditional Chinese, Simplified Chinese, Korean, French
  • Price: Free-to-play (with in-app purchases)
  • Copyright Notice:

© JAKDF 3rd Division © Naoya Matsumoto/SHUEISHA

© Akatsuki Games Inc./TOHO CO., LTD./Production I.G

• About Anime Kaiju No. 8

Based on the popular manga series by Naoya Matsumoto, currently serialized on Shonen Jump+ (Shueisha) since 2020, the anime Kaiju No. 8 portrays intense battles between the Japan Defense Force, tasked with eliminating Kaiju, the monstrous creatures that routinely threaten human lives. The original manga has surpassed 18 million copies in circulation (including digital editions), and the series has accumulated over 700 million views on Shonen Jump+ as of April 2025.
The anime aired from April to June 2024 and quickly gained massive popularity, reaching No. 1 on domestic daily rankings across major streaming platforms in Japan. A theatrical compilation of Season 1, along with the side story “Hoshina’s Day Off,” was released on March 28, 2025. The anime’s Season 2 is officially scheduled to air in July 2025.

• Company Overview: Akatsuki Games Inc.

It is our mission to connect the emotions of people around the world by putting our beliefs and “why” into games. We challenge ourselves to create global hits as a world-class game company with the highest standards of development and operation in Japan.
In addition to the experience of operating games such as Dragon Ball Z Dokkan Battle (published by BANDAI NAMCO Entertainment Inc.) and Romancing SaGa Re; Universe (published by SQUARE ENIX CO., LTD.), we are taking on the challenges of using high-end 3D graphics display and development on multiple devices. We will deliver the highest quality games for everyone around the world to enjoy.

  • Official Website: https://games.aktsk.jp/en/
  • Founded: December 2021
  • Representative: CEO Yuki Totsuka
  • Headquarters: 8F oak meguro, 2-13-30 Kamiosaki, Shinagawa-ku, Tokyo, Japan
  • Business Activities: Game Development & Operations

Please be sure to include the following copyright notice when publishing articles or images related to this release:
© JAKDF 3rd Division © Naoya Matsumoto/SHUEISHA
© Akatsuki Games Inc./TOHO CO., LTD./Production I.G

Additional Assets: HERE

Photo – https://laotiantimes.com/wp-content/uploads/2025/06/akatsuki_games_inc.jpg

Altair to Showcase AI-Powered Engineering, Smart Manufacturing, and Connected Aerospace Solutions at Paris Air Show 2025

Live demonstrations will highlight how computational intelligence is shaping the future of flight

TROY, Mich., June 2, 2025 /PRNewswire/ — Altair, a global leader in computational intelligence, will demonstrate the transformative power of artificial intelligence (AI)-powered engineering, smart manufacturing, and more at the Paris Air Show 2025, taking place June 16-22 at the Paris-Le Bourget Exhibition Centre in Paris, France. At the event, Altair will demonstrate how its solutions are reshaping the aerospace sector from concept through production to in-flight performance.

Altair will demonstrate the transformative power of AI-powered engineering, smart manufacturing, and more at the Paris Air Show 2025, taking place June 16-22 at the Paris-Le Bourget Exhibition Centre in Paris, France.
Altair will demonstrate the transformative power of AI-powered engineering, smart manufacturing, and more at the Paris Air Show 2025, taking place June 16-22 at the Paris-Le Bourget Exhibition Centre in Paris, France.

“AI, data, and connectivity are no longer future concepts — they are today’s competitive advantages. Altair technologies are helping the aerospace industry achieve next-level breakthroughs in performance, sustainability, and innovation,” said Dr. Pietro Cervellera, senior vice president of aerospace and defense, Altair. “And now following the recent Siemens acquisition of Altair, together we will rapidly accelerate product development in aerospace.”

“From design, to build, to launch, the addition of Altair technology to the Siemens Xcelerator portfolio will reinforce our leadership in aerospace, complete the world’s most comprehensive digital twin, and propel AI-powered innovation that will help our customers push the boundaries of innovation,” said Todd Tuthill, vice president of Aerospace & Defense Industry Strategy, Siemens Digital Industries Software.   

As aerospace organizations race to meet demands for sustainability, efficiency, and operational readiness, Altair’s AI-powered engineering, data analytics, and high-performance computing (HPC) solutions are enabling smarter design, faster development, and more agile decision-making across the entire product life cycle.

Visitors to Altair’s booth will experience:

  • AI-Powered Engineering for Smarter, Faster Design: Altair is at the forefront of integrating AI into simulation and design workflows. Attendees will see how engineers can reduce design cycles, optimize structures for weight and strength, and improve aircraft performance using intelligent, AI-assisted modeling tools — all while supporting sustainable aviation goals.
  • Smart Manufacturing and Real-Time Optimization: With aerospace manufacturers under pressure to increase throughput and precision, Altair will showcase how real-time data collection and analytics can enhance production line efficiency, reduce scrap and rework, and support smart factory initiatives. From digital thread to predictive maintenance, Altair is making manufacturing more adaptive and responsive.
  • Connectivity Across the Aerospace Ecosystem: Altair is enabling seamless digital connectivity across the entire complex aerospace ecosystem. Demonstrations will explore how Altair supports digital twins, Internet of Things (IoT)-enabled monitoring, and cross-platform collaboration that ties together design, engineering, operations, and maintenance. These connected workflows streamline feedback loops, risk management, and innovation.
  • Empowering Defense and Startups: Altair will also highlight how its solutions empower government agencies, defense organizations, and startups to deliver advanced programs at speed. See how the Altair Aerospace Startup Acceleration Program (ASAP) equips emerging companies with enterprise-grade tools to bring novel technologies to market faster. Altair has recently partnered with the Campania Aerospace District (DAC) to provide over 150 small and medium-sized enterprises (SMEs) and startups with access to Altair solutions, empowering them to work at the same technological level as OEMs and tier-one suppliers.

At the Paris Air Show, Altair will be located at Booth H155 in Hall 2B. For more information, visit https://web.altair.com/paris-airshow or https://altair.com/aerospace.

At the event, Siemens will be located at Chalet #72– Row D. For more information, visit https://events.sw.siemens.com/en-US/paris-air-show/.

About Altair

Altair is a global leader in computational intelligence that provides software and cloud solutions in simulation, high-performance computing (HPC), data analytics, and AI. Altair is part of Siemens Digital Industries Software. To learn more, please visit www.altair.com or sw.siemens.com.

Media contacts

Altair Corporate                                              

Bridget Hagan                                                  

+1.216.769.2658                                            

corp-newsroom@altair.com                 

Altair Europe/The Middle East/Africa

Altair Asia-Pacific

Louise Wilce

Man Wang

+44 (0)7392 437 635

86-21-5016635,825

emea-newsroom@altair.com

apac-newsroom@altair.com