With Singlife as its first insurance partner, CapBridge clients can now access Singlife’s customised insurance products, on top of its suite of investment solutions

SINGAPORE, Aug. 15, 2025 /PRNewswire/ — CapBridge, a leading digital investment solution provider, a member of FOMO Group, and Singlife, a leading homegrown financial services company, today announce a strategic partnership to offer tailored insurance solutions to CapBridge clients. This marks CapBridge’s entry into insurance distribution, with Singlife being the first insurer onboarded to the platform.

This announcement follows CapBridge’s recent expansion into insurance advisory through its Exempt Financial Adviser (EFA) activities, under its Capital Markets Services (CMS) license, broadening its suite of financial offerings to include insurance products. With this partnership with Singlife, CapBridge’s appointed financial adviser representatives (FARs) can now offer their clients access to Singlife’s suite of life and health insurance products, featuring competitive returns and flexible coverage. These solutions are introduced based on a thorough, needs-based assessment in line with regulatory guidelines, to complement the overall financial strategies of CapBridge clients.

“This partnership with Singlife marks a significant milestone in CapBridge’s journey to become a one-stop platform for holistic financial services,” said Dr. Janet Liu, Chief Executive Officer of CapBridge. “With growing demand from our clients, especially SMEs, for accessible protection and long-term planning, we are proud to offer Singlife’s trusted insurance solutions alongside our diverse investment products such as money market funds, digital asset funds, institutional-grade bonds, stocks, and ETFs. Singlife is a natural first partner with its reputation for delivering next-gen, customer-centric insurance solutions which aligns with our commitment to offer comprehensive investment solutions.”

The partnership also aligns with Singlife’s strategy to make insurance accessible, and to embed insurance into the broader financial ecosystem through meaningful collaborations with leading ecosystem players and digital-native platforms. In 2025, Singlife has established eight partnerships to embed insurance solutions into broader financial and digital ecosystems. The partnership also deepens Singlife’s engagement with SMEs, building on its SME Connect initiative, which offers relevant protection for small business owners and their employees.

“SMEs form the backbone of Singapore’s economy, and we’re excited to work with CapBridge to better serve the needs of their SME clients and investors,” said Varun Mittal, Head of Innovation and Ecosystem at Singlife. “This partnering with CapBridge marks another exciting step forward for Singlife in incorporating insurance into investors’ broader financial strategies with ease and confidence. CapBridge’s trusted integrated investment platform aligns perfectly with Singlife’s comprehensive, next-gen insurance solutions. Together, we are offering investors both financial security and long-term wealth creation capabilities, right where businesses and investors are already managing their growth.”

The partnership also strengthens Singlife’s and FOMO Group’s vision of driving a more integrated and seamless financial ecosystem. As Singapore grows as a financial hub attracting global investors, demand for integrated financial solutions rises. By embedding insurance into its digital finance ecosystem, FOMO Group strengthens its ability to deliver end-to-end financial services, spanning payments, investments, and private listings, that meet the evolving needs of clients, while Singlife continues to enhance its proposition of integrating investment and insurance solutions for greater financial security and growth.

For more information, please contact:

About CapBridge

CapBridge, a member of FOMO Group, is a leading digital investment platform headquartered in Singapore. As a Capital Markets Services licensee, CapBridge is regulated by the Monetary Authority of Singapore (MAS) to offer top-tier funds, digital asset funds, stocks, bonds, equities, and insurance products. It provides mass affluent, HNWIs, and institutional clients with seamless access to both private and public markets, meeting clients’ diverse asset allocation needs.

For more information, please visit www.capbridge.sg. For media inquiries, please contact media@capbridge.sg.

About FOMO Group

Founded in 2015, FOMO Group is a fintech group based in Singapore, offering one-stop digital payment, digital banking, and digital asset solutions, bridging Web 2.0 and Web 3.0 ecosystems. FOMO Group owns three licensed financial institutions which operate independently from each other:

• FOMO Pay – A major payment institution licensed in Singapore, Hong Kong and the United Arab Emirates, offering global collection and payout solutions. The company provides a one-stop digital payment infrastructure that enables seamless payment operations across fiat currencies and regulated digital assets for merchants, enterprises, and financial institutions.
• CapBridge – A leading one-stop digital investment platform, offering top-tier funds, digital asset funds, bonds, equities, and insurance products. It provides HNWIs and institutional clients with seamless access to both private and public markets, meeting clients’ diverse asset allocation needs.
• 1exchange – Singapore’s first MAS-licensed digital private markets exchange, offering a streamlined and cost-effective platform for listing and trading private company shares, bonds, and real-world assets (RWAs). Designed for founders, owners, and growth-stage companies, the platform streamlines private market investing and listing with greater efficiency and transparency.

For media inquiries, please contact marketing@fomopay.com.

About Singlife

Singlife is a leading homegrown financial services company that offers consumers a better way to financial freedom. We are headquartered in Singapore with a presence in the Philippines.

Singlife meets diverse customer needs by offering a comprehensive suite of insurance products, including life and health, general insurance and investments, employee benefits and financial advisory solutions.

We achieve this through a differentiated, open-architecture distribution model and Singapore’s largest network of financial advisers.

A pioneer in the digital insurtech space, we offer digital solutions accessible through the Singlife App and GROW with Singlife, an investment platform.

We are a key player in the employee benefits solutions space and are the exclusive insurance provider for the Ministry of Defence, Ministry of Home Affairs and Public Officers Group Insurance Scheme. We’re also one of three government-approved longterm care insurance providers in Singapore.

We take our commitment to achieving Net Zero seriously and are an official signatory of the United Nations Principles for Sustainable Insurance and the United Nations supported Principles for Responsible Investment.

Singlife was formed from the merger of Aviva Singapore and Singlife, originally an insurtech start up, in January 2022. Singlife is now a wholly owned subsidiary of Sumitomo Life, who acquired Singlife in 2024. We have over S$16 billion in assets as of 31 December 2024 and are rated “A” and “Baa1” by Fitch and Moody’s respectively. Sumitomo Life was established in 1907 and is one of Japan’s largest life insurance companies, with over US$300 billion in assets as of 31 March 2025.

SHENZHEN, China, Aug. 15, 2025 /PRNewswire/ — TCL, a global leader in consumer electronics and the world’s No.1 Mini LED and Ultra-large^[1]TV brand, has cemented its industry leadership by clinching five prestigious EISA awards—Europe’s top honor for audio-visual innovation. Dominating both the Home Theatre Display & Video and Home Theatre Audio categories, TCL’s triumph highlights its relentless push for groundbreaking advancements in large-screen brilliance and QD-Mini LED precision.

Leading the charge, the TCL 98-inch C8K earned the “EISA STATEMENT TV 2025–2026” award for its revolutionary design and jaw-dropping visuals, while the TCL 85C9K claimed the “EISA HOME THEATER MINI LED TV 2025–2026” title, setting a new gold standard for cinematic immersion. The TCL 75C7K was honored as the “EISA FAMILY TV 2025–2026” for its perfect blend of stunning clarity and smart functionality, and the TCL 55C6K took home “EISA GAMING TV 2025–2026″—a must-have for next-gen gamers. Rounding out the accolades, TCL’s Q65H Soundbar secured the “EISA BEST BUY SOUNDBAR 2025–2026” award, delivering theater-quality audio at an unbeatable value.

TCL 98C8K: EISA “STATEMENT TV 2025-2026”

Chosen as EISA “STATEMENT TV FOR 2025–2026”, the TCL 98C8K redefines large-screen excellence with TCL’s industry-first architecture for large-screen TVs. Thanks to the use of advanced, premium materials, the TV achieves a Virtually ZeroBorder display that maximizes screen space for a more immersive viewing experience.

Beyond its striking design, the 98C8K is also engineered for top performance. Through TCL’s newly upgraded CrystGlow WHVA panel, the TV delivers an exceptional native contrast ratio of up to 7,000:1. The panel is equipped with a 0.5% low reflection film to reduce screen reflection, combined with an enhanced 40%^[2] ultra-wide color viewing angle and high energy-saving features to ensure sharp and clear screen details. Paired with TCL’s proprietary All-domain Halo Control Technology, the 98C8K delivers precise light and shadow control—bringing advanced picture quality with uncompromising brightness, contrast, and detail to every frame.

TCL 85C9K: EISA “HOME THEATER MINI LED TV 2025-2026”

As TCL’s flagship model, the TCL 85C9K is crafted to deliver an uncompromising cinematic experience at home. Featuring a Virtually ZeroBorder display and CrystGlow WHVA Panel, the 85C9K provides a borderless, immersive visual experience with ultra-wide viewing angles and consistent picture quality from every direction. Supported by TCL’s QD-Mini LED Technology, the Precise Dimming Series TV features up to 5,184 separate brightness zones with a peak brightness of 6,500 nits, allowing it to render detailed light and shadow transitions that elevate contrast and depth across all content types. To complement its visual power, the 85C9K also features immersive Audio by Bang & Olufsen, ensuring that what you hear is as impactful as what you see.

TCL 75C7K: EISA “FAMILY TV 2025-2026”

The winner of the EISA “FAMILY TV 2025–2026” award, the TCL 75C7K is the ultimate hub for family entertainment. As a member of TCL’s Precise Dimming Series, the 75C7K uses advanced QD-Mini LED technology to deliver stunning picture quality with exceptional brightness, contrast, and color accuracy, all housed in an ultra-slim, minimalist design that complements any living space.

Powered by the AiPQ Pro Processor, the 75C7K intelligently optimizes picture quality based on content and user preferences, while integrated Google TV enables seamless access to personalized content and smart home controls. Additional family-friendly features such as the Kid’s Profile, Art Gallery, and TÜV-certified low blue light protection ensure a safe and engaging experience for viewers of all ages.

TCL 55C6K: EISA GAMING TV 2025-2026

The TCL 55C6K is built for gamers who demand top-tier performance. Its QD-Mini LED display and native 4K 144Hz refresh rate ensure ultra-smooth gameplay and crystal-clear motion, eliminating stutter and blur, while an immersive ONKYO 2.1 Hi-Fi sound system brings cinematic audio to every gaming session. With Game Master Mode, AMD FreeSync Premium Pro, and SuperWide GameView, the C6K delivers a full suite of game-optimized features designed for intense, responsive, and truly immersive play.

TCL Q65H: EISA BEST BUY SOUNDBAR 2025–2026

Beyond display excellence, TCL also continues to push the boundaries of audio innovation. Named EISA “BEST BUY SOUNDBAR 2025–2026”, the Q65H Home Theater Soundbar features RAY•DANZ—TCL’s proprietary acoustic technology designed to precisely direct sound through a custom acoustic structure, creating a wide soundstage for a striking cinematic audio experience.

Currently available in select markets worldwide, these award-winning products represent TCL’s ongoing commitment to Inspire Greatness through premium and immersive entertainment experiences.

About TCL

TCL is a leading consumer electronics brand and leader in the global television industry. TCL now operates in more than 160 markets around the world. The company specializes in the research, development, and manufacturing of consumer electronics products ranging from TVs, audio, home appliances, mobile devices, smart glasses, commercial displays, and more. Visit the TCL website at https://www.tcl.com.

BEIJING, Aug. 15, 2025 /PRNewswire/ — Zoomlion Heavy Industry Science & Technology Co., Ltd. (“Zoomlion”; 1157.HK) showcased its latest achievements in industrial and humanoid robotics at the 2025 World Robot Conference (WRC) in Beijing from August 8 to 12. Representing its combined role as a robotics user, systems integrator, and developer, Zoomlion presented new applications, core technology breakthroughs, and a forward-looking plan for intelligent manufacturing.

“Industrial and humanoid robots are not replacements, but partners in a new manufacturing paradigm. Our goal is to enable robots to adapt to their environment, advancing manufacturing toward higher quality, greater efficiency, and enhanced intelligence,” said Zeng Guang, General Manager of Zoomlion’s ZValley Technology Co. Ltd.

Zoomlion’s robotics journey spans nearly two decades, beginning in 2006 with programmable industrial robots for large-scale, single-product manufacturing. From 2019, the company deployed adaptive robots with vision and force sensing, supported by an industrial internet architecture to achieve agile, multi-model production.

This capability is exemplified by the Zoomlion Smart Industry City in Changsha, where over 2,000 adaptive robots operate on 300 intelligent lines, producing cranes, excavators, aerial work platforms, and concrete machinery. The facility can switch between models in minutes, achieving high-mix, low-volume production at scale.

In 2024, Zoomlion began exploring the use of humanoid robots to meet automation needs beyond the reach of industrial robots. The company has developed three models, two wheeled and one bipedal, with dozens in pilot operations in machining, logistics, assembly, and quality inspection.

These robots feature full-scene multimodal perception and intent recognition, integrated vision, force, and tactile sensing for precision grasping, and dual-arm collaborative motion planning with safety perception. To accelerate deployment, Zoomlion built a training facility with over 100 workstations and launched an AI-native cloud platform for large-scale data acquisition and model training.

These advancements are embedded in Zoomlion’s intelligent manufacturing ecosystem. Its industrial internet platform connects over 1.7 million units of equipment worldwide, spanning 18 categories and more than 600 models, and collects over 30,000 data parameters to create petabyte-scale industrial assets. This infrastructure powers the continuous evolution of both industrial and humanoid robotics, enabling real-time coordination and adaptive production.

Looking ahead, Zoomlion aims to create a new production model through the co-evolution of hardware and software, enabling industrial and humanoid robot clusters to work together and build smart factories with self-perception, self-adaptation, and self-decision-making capabilities.

SHENZHEN, China, Aug. 15, 2025 /PRNewswire/ — SINEXCEL, in collaboration with The China Electric Vehicle Charging Infrastructure Promotion Alliance (EVCIPA), one of China’s most influential EV charging research institutions, has jointly released China’s first EV Charger Development White Paper 2024. This landmark publication is the first comprehensive and authoritative report to systematically analyze the nation’s electric vehicle charging industry.

Led by SINEXCEL and EVCIPA, and developed with the contributions of nearly 30 leading EV charger enterprises, the white paper offers an in-depth assessment of China’s charging infrastructure. It examines key application scenarios and explores core technologies, with the aim of supporting the development of a high-quality charging network. The report serves as a valuable reference for policymakers, researchers, and industry professionals both in China and abroad.

In addition to assessing the present landscape, the white paper provides a forward-looking analysis of future industry trends. It identifies nine critical developments poised to shape the future of electric vehicle charging, including megawatt charging technology and the integration of photovoltaic systems with charging infrastructure.

This white paper reinforces SINEXCEL’s strong market position, following its No. 1 ranking in sales of megawatt-level chargers, and underscores its commitment to advancing the global EV charging ecosystem while promoting the sustainable growth of electric mobility infrastructure.

About EVCIPA

Founded in 2015, EVCIPA is a non-profit social organization supported by the National Energy Administration. It provides real-time data on the construction and operation of charging and facilities, energy metering, and helps governments with decision-making. The Alliance also contributes to the creation and release of industry standards and protocols, supporting the development of smart grid integration and new energy vehicle technologies.

About SINEXCEL

Founded in 2007, SINEXCEL is a pioneer in energy storage, EV charging and power quality solutions. With 12 GW of installed storage, 140,000 DC chargers and nearly 20 million amperes of AHF deployed, SINEXCEL partners with industry leaders like EVE Energy and Schneider Electric to empower energy freedom.

Contact:

Erika Feng
erika_feng@sinexcel.com

SHANGHAI, Aug. 15, 2025 /PRNewswire/ — With global environmental awareness increasingly on the rise, waste-to-energy as an efficient waste disposal solution, is gaining more and more attention across the world. As the core equipment for waste incineration treatment, the market performance and competitiveness of waste incinerator brands have drawn widespread attention.

Based on annual reports and related public information from major companies, the Environmental Sanitation Net of China has compiled a ranking of the top ten waste-to-energy incinerator brands in terms of global market share.

As the table data indicates, the global waste incinerator market is, on one hand, represented by traditional giants such as Hitachi Zosen (predecessor of Kanadevia) and MARTIN GmbH, which hold a certain market share with their century-old technological expertise and global project experience. On the other hand, Chinese companies such as SUS ENVIRONMENT, Sanfeng Environment, and Everbright Environment have rapidly emerged as ‘rising stars’ with their localized innovation and large-scale production advantages.

MARTIN GmbH vs. Hitachi Zosen

Two Traditional Giants Meet As Equals

Before the rise of the waste incineration industry in China, grate technology developed by MARTIN GmbH was among most widely used and most effective waste-to-energy equipment technologies worldwide, particularly in countries with high waste generation. MARTIN GmbH’s SITY2000 reciprocating reverse-pushing inclined grate furnace technology features high combustion efficiency, advanced flue gas emission control, broad adaptability to varying waste calorific values, and a high degree of automation. In terms of application, Martin grate furnaces have been covered in many countries and regions around the world, with a processing capacity of 262,612 tonnes per day.

Japanese brands, represented by Hitachi Zosen, have been rivaling with MARTIN GmbH’s grate technology. Known for its highly efficient and stable combustion technology and strict environmental standards, Hitachi Zosen’s core technology originates from the Swiss VonRoll reciprocating mechanical grate design. Globally, Hitachi Zosen’s grate furnaces have accumulated more than 500 incineration lines, covering China, Japan, Europe and beyond — with a particularly dominant presence in the European market in recent years.

Kanadevia in the table refers to the former Hitachi Zosen Corporation, while Kanadevia Inova is Kanadevia’s European subsidiary, and Steinmüller was acquired and merged by Kanadevia Inova in 2022.

Innovation Leading the World

SUS ENVIRONMENT, Sanfeng, and Everbright Hit the Market with ‘Made in China‘

In recent years, the high speed development of China’s waste incineration industry and the increasing number of Chinese companies expanding overseas have changed the competitive landscape of the waste incinerator market. It is indicated that by 2025, China’s waste-to-energy installed capacity accounts for more than 60% of the global total, with domestic enterprises achieving parity — and in many areas surpassing — international competitors in terms of technology research and development, scenario adaptation, cost control, and environmental protection, etc.

Among them, SUS ENVIRONMENT, at the beginning of its establishment, signed a technology transfer agreement with Hitachi Zosen Corporation. Based on the characteristics of China’s waste, it absorbed and re-innovated the ‘VonRoll Hitachi Zosen mechanical grate furnace’ technology, and finally formed a full series of technologies and equipment capable of handling waste with calorific values ranging from low to high, and covering everything from small-scale incinerators to ultra-large-scale incinerators.

After achieving domestic production, SUS ENVIRONMENT developed large-tonnage grate systems and high calorific value treatment technologies with independent intellectual property rights, greatly improving the scale and efficiency of the equipment. It took the lead in launching a single-line 750- tonne per day SUS ENVIRONMENT grate furnace, which became the largest single incinerator in China at the time. Since then, it has continuously broken records. By the end of 2021, it completed the research, development, production and operation of the China’s first 1,000-tonne per day single-unit incinerator.

Meanwhile, SUS Environment has been driving the development and iteration and of ultra-high-pressure waste heat boilers, external reheating technologies, and pollutant control technologies. It has also applied artificial intelligence technology to the waste incineration industry, establishing a mature technological system in areas such as intelligent combustion optimization, high-efficiency waste-to-energy conversion, carbon-pollution synergistic control, and AI digital twins, positioning itself at the forefront of global waste-to-energy and thermal utilization system solutions.

Currently, SUS Environment’s equipment and technologies have been applied in over 300 incineration plants, with a daily treating capacity exceeding 300,000 tonnes, making it the global market share leader in waste incineration equipment and technology supply. With investment operations across Southeast Asia, Central Asia, the Middle East, and Europe, along with 11 global representative offices, the company possesses localized long-term service advantages.

Another Chinese company, Sanfeng Environment, has undergone roughly three stages in technological innovation for waste incineration: In 2000, it introduced the complete SITY2000 waste-to-energy and flue gas treatment technology from MARTIN GmbH, achieving localization through learning, absorption, and domestic adaptation, leading to projects like Tongxing and Fumiaoling. From 2007 to 2015, based on the imported technology, it conducted re-innovation research and development to adapt to the evolving demands of China’s waste incineration market and the changing characteristics of domestic waste, ultimately achieving stable combustion. Since 2016, through pioneering innovations in large-scale grate furnaces, efficient waste heat utilization, pollutant control, and ultra-low emissions, Sanfeng Environment has developed its clean and efficient waste incineration technology.

Furthermore, Sanfeng Environment has successfully implemented an AI-powered intelligent incineration system for municipal solid waste by incorporating advanced artificial intelligence technologies such as big data analytics and machine learning.

Currently, Sanfeng Environment’s core technologies and equipment have been applied in over 260 waste-to-energy projects across China as well as multiple countries including the United States, India, Ethiopia, Thailand, and Vietnam. With a daily treatment capacity of more than 230,000 tonnes of domestic waste, its incinerator equipment continues to lead the domestic market share of incinerator equipment.

Everbright Environment, another domestic leading waste incineration company, also laid its foundation by studying advanced foreign technologies in its early stages. It successively established technology research and development centers and technology development companies in Shenzhen and Beijing, initiating market-oriented independent research and development to fully achieve “Made in China” status for waste-to-energy technology and equipment.

In October 2010, Everbright’s first independently manufactured 400-tonne per day multi-stage hydraulic mechanical municipal solid waste incinerator was successfully commissioned at the Jiangyin project. In 2011, Everbright Environmental Technology Equipment (Changzhou) Ltd. was established to accelerate technology commercialization. By 2014, Everbright’s self-developed series of multi-stage hydraulic mechanical grate furnaces (including 300, 350, 400, 500 and 750 tonnes per day models) obtained EU CE certification, marking all Everbright incinerators meeting EU safety standards and qualifying for export to European markets.

As of June 2024, Everbright Environment has cumulatively produced and sold 567 sets of municipal solid waste incinerators, with its service coverage extending to 26 provinces and municipalities across China, over 220 regions, as well as overseas markets including Ethiopia, Vietnam, India, Thailand, and Bulgaria.

Overall, the global waste-to-energy equipment market currently exhibits a diversified landscape. European and Japanese brands maintain stable market positions through their heritage and widespread recognition, while Chinese brands are gaining increasing visibility and acceptance in international markets due to technological innovation and cost advantages, playing an increasingly influential role in the global market.