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OneConnect to Announce First Half 2025 Financial Results

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SHENZHEN, China, Aug. 11, 2025 /PRNewswire/ — OneConnect Financial Technology Co., Ltd. (NYSE: OCFT and HKEX: 6638) (“OneConnect” or the “Company”), a leading technology-as-a-service provider for the financial services industry in China, today announced that it will release the unaudited interim results of the Company and its subsidiaries for the six months ended June 30, 2025, and its publication before U.S. markets open on Thursday, August 21, 2025.

The financial results will be available at OneConnect’s investor relations website at ir.ocft.com and irhk.ocft.com.

Investor Relations: 
OCFT IR Team 
OCFT_IR@ocft.com

Media Relations: 
OCFT PR Team 
pub_jryztppxcb@pingan.com.cn

NWTN and Pakistan’s JW Corporation Enter New Energy Commercial Vehicle Production Partnership, Implementing “UAE HQ + South Asia Manufacturing + Global Sales” Strategy

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DUBAI, UAE and ISLAMABAD, Aug. 11, 2025 /PRNewswire/ — NWTN Inc. (“NWTN” or the “Company”) (Nasdaq: NWTN), a global smart mobility and manufacturing platform, today executed an Asset Contribution and Share Issuance Agreement (SPA) with Pakistan’s prominent industrial group JW Corporation. The agreement grants NWTN exclusive usage rights to JW Corporation’s complete knock-down (CKD) automotive assembly facility in Lahore’s China-Pakistan Special Economic Zone (JW-SEZ) and access to JW Corporation’s nationwide network of over 400 sales outlets in Pakistan.

This collaboration supplements NWTN’s global strategy with “UAE Headquarters + South Asia Manufacturing + Global Sales.” Utilizing the 563,000-square-foot CKD facility and JW Corporation’s established distribution network, NWTN will introduce market-competitive multifunctional new energy commercial vehicles to the global market.

The partnership not only aligns with UAE’s “We the UAE 2031” national vision and Dubai‘s D33 economic agenda by exporting green transition technologies through EV production and establishing Pakistan as an export hub connecting South Asia, the Middle East, and Africa, but also delivers core strategic value to NWTN with capital-efficient manufacturing through utilization of existing CKD infrastructure and accelerated global brand expansion via international deployment of product lines.

Muhammad Javed Afridi, CEO of JW Corporation, stated:
“This collaboration introduces advanced EV technology to Pakistan’s manufacturing ecosystem. Through CKD operations at JW-SEZ, we aim to develop South Asia’s premier new energy commercial vehicle export base.”

Benjamin Zhai, CEO of NWTN, commented:
“This partnership advances the UAE’s sustainable manufacturing goals under its national vision while leveraging Dubai‘s trade hub status to globalize our OEM partner’s brand. It accelerates NWTN’s evolution from smart mobility brand to global intelligent manufacturing platform.”

About JW Corporation
JW Corporation is a leading Pakistani industrial conglomerate with operations spanning automotive, energy, and real estate sectors, featuring integrated CKD assembly capabilities and nationwide distribution networks.

About NWTN Inc.
NWTN (Nasdaq: NWTN), a UAE-headquartered global smart technology company, focuses on smart mobility, advanced manufacturing, and blockchain solutions. The company is transitioning to the corporate name Robo.ai Inc.

*This press release contains forward-looking statements under the U.S. Private Securities Litigation Reform Act of 1995. Actual results may differ materially from expectations. Refer to NWTN’s SEC filings for details.*

F88 officially lists 8.26 million shares on UPCoM

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HANOI, VIETNAM – Media OutReach Newswire – 11 August 2025 – F88 Investment Joint Stock Company (F88) on August 8 officially listed over 8.26 million shares for trading on the UPCoM platform.

Over 8.26 million shares of F88 was officiallt listed on the UPCoM platform. Photo courtesy of F88
Over 8.26 million shares of F88 was officiallt listed on the UPCoM platform. Photo courtesy of F88

With a reference price of VNĐ634,900 (US$24) per share on its first trading day, F88 now holds the highest market price among all listed companies across Vietnam’s three stock exchanges, marking the beginning of a new chapter in its journey to standardise corporate governance and tap into the domestic capital market.

This milestone marks the first time a pawnbroking enterprise in Viet Nam has been publicly listed and traded on the stock exchange. Beyond a significant step toward transparency, F88’s listing sets a new operational benchmark for the legal pawn sector in particular and the alternative finance industry in general – a sector that has long faced negative perceptions and limited access to capital.

On May 6, 2025, F88 was officially recognised by the State Securities Commission as a public company and deemed eligible to register for share trading in accordance with legal regulations. At the time of listing, F88’s charter capital stood at over VNĐ82.6 billion, corresponding to more than 8.26 million outstanding shares. The company has also received approval to issue bonus shares from share premium reserves at a ratio of 1,200 per cent, which will increase its charter capital to over VNĐ1.1 trillion. This is an internal capital restructuring activity that does not dilute shareholder equity and is aimed at preparing for the company’s next phase of growth, aligned with its operational scale.

“The official listing on UPCoM is not only a development milestone for F88 but also a pioneering move, introducing a new standard of transparency for Vietnam’s alternative finance industry. This is a crucial step in enhancing our ability to access public capital, serving our long-term business goals. F88 clearly understands that entering the capital market is not just about transparency and regulatory oversight – it also serves as a financial catalyst to help us scale, upgrade operations, and get closer to our future target of listing on HoSE,” said Phung Anh Tuan, Chairman of the Board of Directors at F88.

According to a special report published by FiinGroup in June 2025, Vietnam’s pawnbroking market had an estimated outstanding loan balance of VNĐ200 trillion (approximately $8 billion) in 2024. Of this amount, “new-generation” pawn enterprises like F88 currently hold a market share of about 3.2%, indicating substantial room for future growth. Another notable trend is that while the number of traditional pawnshops is declining, new-generation pawn outlets – which integrate technology, centralised management and diverse services – are expanding rapidly.

To date, F88 operates 888 stores across 34 provinces and cities, accounting for around 70 per cent of all new-generation pawn outlets in Vietnam. The company aims to reach 1,000 transaction points by 2026 and expand to 2,000 stores by 2030. In addition to secured lending, F88 is also accelerating its growth in microinsurance and agent banking services. Through its strategic partnership with Military Commercial Joint Stock Bank (MBBank), F88 is gradually developing a model of “modern financial transaction offices” that provide essential services such as customer identification, deposits/withdrawals, fund transfers, loan referrals, and collection/payment services.

F88 is also rapidly pushing digital transformation through its MyF88 platform – a mobile application that recorded over 105,000 online loan customers just two months after launch. By 2026, the company targets to have 80 per cent of transactions conducted digitally, aiming to optimise operational efficiency and enhance customer experience.

For 2025, F88 has set a revenue growth target of 33 per cent. In the first half of the year, the company recorded VNĐ1.74 trillion in revenue, up 30 per cent year-on-year. Of this amount, revenue from lending activities reached VNĐ1.5 trillion, growing 28 per cent. Insurance and other services generated VNĐ199.6 billion and VNĐ6 billion, respectively, increasing by 45 and 360 per cent thanks to broader product coverage and effective cross-selling. Total disbursement value reached VNĐ7.1 trillion, up 36 per cent over the same period, while the net write-off ratio (net charge-offs to average outstanding loans) remained at 2.35 per cent. These results brought the company VNĐ321 billion in pre-tax profit – more than triple the figure from the same period last year.

Backed by a sustainable operating platform, transparent financials, and a clear digitalization strategy, F88 is steadily strengthening its governance capabilities, refining capital structure, and standardising operations to meet public company standards. The official UPCoM listing represents not only a transformation in capital structure but also reaffirms F88’s pioneering role in shaping a transparent, regulated, and legally compliant alternative finance market where the public can access trustworthy and civilised financial services.

Hashtag: #F88

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

About F88:

Founded in 2013, F88 is a pioneering enterprise in Vietnam’s alternative finance sector, serving customer segments underserved by traditional banks. With a mission to expand access to legal, transparent, and convenient financial services, F88 has steadily developed a modern financial agency model that integrates three core services: secured lending, microinsurance, and basic banking services.

Over its development journey, F88 has successfully raised capital from reputable institutional investors such as Mekong Capital, Vietnam Oman Investment, and Granite Oak – enabling the company to grow in both capital and operational scale. As of 2025, F88 operates a network of 888 transaction points in 34 provinces and cities, making it the largest distribution network in Vietnam’s alternative finance sector.

F88 has earned recognition through a series of prestigious domestic and international awards, including being named a top workplace in Asia by Great Place to Work. It is also the first and only alternative finance company in Viet Nam to receive the Gold-level Client Protection Certificate (CPC) – the world’s first standard for protecting financial service users. In April 2025, FiinRatings announced it had upgraded F88’s credit rating outlook from “Stable” to “Positive,” citing strong improvements in asset quality and the company’s continuously strengthened market leadership position.

FinVolution Group to Report Second Quarter 2025 Financial Results on Wednesday, August 20, 2025

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Advertorial Desk
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-Earnings Call Scheduled for 8:30 p.m. ET on August 20, 2025-

SHANGHAI, Aug. 11, 2025 /PRNewswire/ — FinVolution Group (“FinVolution”, or the “Company”) (NYSE: FINV), a leading fintech platform, today announced that it will report its second quarter 2025 unaudited financial results, on Wednesday, August 20, 2025, after the close of U.S. markets.

The Company’s management will host an earnings conference call at 8:30 PM U.S. Eastern Time on August 20, 2025 (8:30 AM Beijing/Hong Kong Time on August 21, 2025).

Dial-in details for the earnings conference call are as follows:

United States (toll free):

+1-888-346-8982

Canada (toll free):                     

+1-855-669-9657

International:

+1-412-902-4272

Hong Kong, China (toll free):

800-905-945

Hong Kong, China:

+852-3018-4992

Mainland, China:

400-120-1203

Participants should dial-in at least 5 minutes before the scheduled start time and ask to be connected to the call for “FinVolution Group”.

Additionally, a live and archived webcast of the conference call will be available on the Company’s investor relations website at https://ir.finvgroup.com.

A replay of the conference call will be accessible approximately one hour after the conclusion of the live call until August 27, 2025, by dialing the following telephone numbers:

United States (toll free):

+1-877-344-7529

Canada (toll free):            

+1-855-669-9658

International:

+1-412-317-0088

Replay Access Code:

6937491

About FinVolution Group

FinVolution Group is a leading fintech platform with strong brand recognition in China, Indonesia and the Philippines, connecting borrowers of the young generation with financial institutions. Established in 2007, the Company is a pioneer in China’s online consumer finance industry and has developed innovative technologies and has accumulated in-depth experience in the core areas of credit risk assessment, fraud detection, big data and artificial intelligence. The Company’s platforms, empowered by proprietary cutting-edge technologies, features a highly automated loan transaction process, which enables a superior user experience. As of March 31, 2025, the Company had 216.2 million cumulative registered users across China, Indonesia and the Philippines.

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

For investor and media inquiries, please contact:

In China:
FinVolution Group
Head of Capital Markets
Yam Cheng
Tel: +86 (21) 8030-3200 Ext. 8601
E-mail: ir@xinye.com

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

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

Xinhua Silk Road: Nutrient-enriched eggs boost rural incomes in E. China’s Zaozhuang City

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BEIJING, Aug. 11, 2025 /PRNewswire/ — Eggs rich in DHA, coenzyme Q10, and lutein from “Sunzhi Chickens” are driving rural revitalization in Shizhong District, Zaozhuang City of east China’s Shandong Province.

“Sunzhi Chickens”, a breed protected under China’s National Catalogue of Livestock and Poultry Genetic Resources, now yield 14.4 million high-quality chicks annually.

The industry adopts fully automated equipment and smart incubators to establish a traceability system. It innovatively combines coops with free-range woodland rearing.

Using specialized nutritional techniques, the DHA content in eggs reaches 586mg per 100g, with an absorption rate three times higher than that of capsule supplements. The farm also produces coenzyme Q10-enriched eggs, astaxanthin eggs, and ready-to-cook chicken dishes for premium markets.

To increase farmers’ incomes, Shizhong District promotes standardized operations to ensure unified supply of chicks, feed, disease prevention, technical services, product collection, and sales. Currently covering 22 villages, the industry raises average annual household income by 20,000 yuan.

Original link: https://en.imsilkroad.com/p/347090.html

Panasonic Cooking’s New Built-In Kitchen Appliances Bring “Harmonious Design, Inspired Cooking” into Malaysian Homes

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KUALA LUMPUR, Malaysia, Aug. 11, 2025 /PRNewswire/ — Panasonic Malaysia introduces its new Built-In Kitchen Range, built around the central theme of “Harmonious Design, Inspired Cooking”, a stylish and practical suite of kitchen appliances designed to enhance modern lifestyles. Available nationwide starting June 2025, the collection reflects Panasonic’s continued commitment to innovation that empowers healthier, more convenient everyday living, designed to enrich your lifestyle.

Panasonic's new Built-In Kitchen Solutions includes a full suite of high-suction hoods, ceramic and induction hobs, and spacious built-in ovens.
Panasonic’s new Built-In Kitchen Solutions includes a full suite of high-suction hoods, ceramic and induction hobs, and spacious built-in ovens.

Rooted in the belief that the kitchen is the heart of the home, Panasonic Cooking’s new range introduces a harmonious design language paired with intuitive cooking solutions, offering a kitchen experience that elevates your lifestyle and brings the joy of cooking — whether you’re cooking for yourself or for the family.

“Harmonious Design” in today’s homes goes beyond aesthetics. It’s about creating a sense of balance and cohesion, connecting your lifestyle to a calmer, more intentional way of living. By seamlessly integrating appliances into the living space, Panasonic helps homeowners create kitchens that are not only beautiful and functional but also promote wellbeing. Whether you’re a new homeowner, part of a growing family, or simply looking to embrace healthier cooking habits or open-concept entertaining, the range offers thoughtful, user-friendly solutions for every lifestyle, with options from entry-level to advanced, at accessible price points.

“At Panasonic, we strive to deliver harmonious design that elevates living spaces to our customers. We believe a well-designed kitchen should do more than look good. It should support your lifestyle, wellbeing, and create opportunities for meaningful connection. Our built-in kitchen solutions are thoughtfully crafted to inspire everyday cooking and make shared moments more effortless,” said Keisuke Nishida, Managing Director of Panasonic Malaysia.

“Guided by our ‘Inspired by Japan‘ philosophy, the new Built-In Kitchen Range reflects Japan Quality through precision engineering, refined design, and lasting reliability by delivering innovative, user-friendly appliances that elevate modern living for Malaysian households. More importantly, it empowers healthier living and food culture by making it easier to prepare delicious and nutritious meals at home, while simplifying complex cooking processes. This reflects our commitment to Nutritional Wellbeing, a key pillar under our ‘Create Today. Enrich Tomorrow.’ corporate vision,” added Nishida.

The range includes a full suite of high-performance kitchen appliances including high-suction hoods, ceramic and induction hobs, and spacious built-in ovens, all designed with harmonious aesthetics and intuitive interfaces that create a seamless cooking environment. Most products will be available beginning June 2025, with select models launching in August and October.

High-Performance Hoods: Power Meets Elegance

The Side Suction Hood features a powerful 1,550 m³/h suction capability, a self-cleaning function with a dry mechanism, and an auto-opening flipper (70°) for efficient smoke and grease removal. Its sleek black glass design, gesture control, and large oil collector ensure both ease of use and minimal maintenance.

The T-Shape Hood, on the other hand, offers 1,450 m³/h suction power with versatile installation options (ducted or recirculating), a 90cm-wide tempered, full-flat glass surface, 5-layer easy-clean metal filters, and a slim control panel, perfect for modern open-kitchen concepts.

The Telescopic Hood, available in August, is a discreet yet effective solution that fits seamlessly into cabinetry. Measuring 60cm in width, it delivers a 750 m³/h suction capacity powered by a high-efficiency BLDC motor. With a 4-layer metal filter and responsive touch controls, it’s built for performance and adaptability in compact kitchens.

Topping the range is the T-Shape Hood with Self-Cleaning, arriving in October. It combines powerful 1,800 m³/h suction with advanced gesture and touch control technology. Its rose gold accents, bevelled edges, and dry self-cleaning function embody the collection’s theme of harmonious design that brings together style, innovation, and effortless maintenance.

Induction & Ceramic Hobs: Sleek Control, Safe Cooking

The Entry IH Hob delivers reliable everyday performance with 3,500W total power and 2,000W high power per zone. It features a sleek slider touch control, residual heat indicator, and essential safety functions such as cookware detection, auto-off, and overheat prevention — all built into a tempered, full-flat glass surface for a minimalist look and easy maintenance.

For those who need greater flexibility, the Advance IH Hob includes 2,200W high power zones with a wider 220mm cooking area, four convenient preset modes, overspill alert, flexible zone off timers, and intuitive gesture and touch controls for a seamless cooking experience.

For smaller or minimalist kitchen layouts, the Domino Ceramic Hob, available in August, offers compact power and precision. At just 28.8cm wide, it delivers a total of 3,000W across two cooking zones (1,800W and 1,200W), and includes key safety features such as auto shut-off, overheat prevention, and residual heat indicators that are ideal for streamlined, efficient cooking.

Built-In Ovens: Versatility and Precision

Complementing the hobs are two 78L built-in ovens designed for precision and convenience. The Catalytic Cleaning Oven delivers 2,900W of power across 12 cooking functions, a full temperature range of 30–250°C, triple-glazed doors with low-e glass for improved insulation, and an enamel-coated interior for easy cleaning. The Basic Oven offers 2,300W of power with 8 essential cooking functions, a wide temperature range of 50–250°C, and five telescopic shelf levels to support multi-dish cooking.

This range marks a shift from conventional kitchen setups to a thoughtfully integrated and design-forward concept. With seamless form, practical features, and elevated performance, Panasonic’s Built-In Kitchen Range transforms kitchens into spaces that support creativity, connection, and everyday efficiency.

The Panasonic Built-In Kitchen Range started rolling out in June 2025, with select models launching in August and October. Please check with Panasonic’s authorised dealers and Panasonic Malaysia online store for specific model availability.

For more information on Panasonic’s new Built-in Kitchen solutions, please visit https://www.panasonic.com/my/consumer/kitchen-appliance/built-in-appliance/built-in-kitchen-solutions.html

Built-in Hob – https://www.panasonic.com/my/consumer/kitchen-appliance/built-in-appliance/built-in-hob.html

Built-in Hood – https://www.panasonic.com/my/consumer/kitchen-appliance/built-in-appliance/built-in-hood.html

Built-In Oven – https://www.panasonic.com/my/consumer/kitchen-appliance/built-in-appliance/built-in-oven.html

Glodon Releases White Paper on Construction Enterprises’ AI Initiatives to Accelerate Industry-Wide AI Adoption

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BEIJING, Aug. 11, 2025 /PRNewswire/ — Glodon has officially released the Construction Enterprises’ AI Initiatives, a white paper that presents a systematic and actionable roadmap for applying AI in the construction industry. Rooted in real industry pain points, the white paper offers strategic direction for construction enterprises to achieve high-quality development in the AI era.

As one of the largest sectors of the global economy, the construction industry is at a pivotal moment of transformation, driven by advancements in AI.

The white paper emphasizes that only Industrial AI can effectively address the unique challenges of the construction sector. Rather than simply transplanting general-purpose AI, Industrial AI requires deep integration of domain knowledge, professional software, and AI technology. At its core lies a closed-loop system of data, algorithms, computing power, and scenarios. Building and activating a mutually reinforcing flywheel around these four elements is key to embedding AI in real business processes and delivering sustainable value.

According to the white paper, value creation should be the central driver of AI adoption for construction enterprises. The most urgent and practical value today is cost saving. To truly help enterprises cut costs, AI capabilities must be developed around the core value chain of the construction business — integrated design, refined cost management, and precise construction management.

As a leading practitioner of Industrial AI in construction, Glodon offers a comprehensive software ecosystem that supports all stages and business aspects of the building lifecycle, covering the entire project process, all key elements, and all stakeholders.

In the design phase, Glodon’s AI-powered conceptual design software, Concetto, can generate multiple design plans based on client needs and estimate costs in seconds, enabling early control of up to 80% of total construction costs. In cost management, AI-based quantity takeoff reduces traditional processes from 16 hours to 4, while intelligent pricing improves efficiency by 80%. During construction, solutions like smart tower cranes, AI-driven labor and material management applications help optimize key production factors, saving time and costs. Project management tools further enhance operational efficiency and support profit growth.

The release of this white paper not only demystifies AI for industry players, but also delivers a clear, practical framework for implementation, helping drive the construction sector’s transition toward intelligent, high-value development.

Access the white paper at the Glodon website.

 

Everest Medicines to Announce 2025 Interim Results on August 29, 2025

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Advertorial Desk
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SHANGHAI, Aug. 11, 2025 /PRNewswire/ — Everest Medicines (HKEX 1952.HK, “Everest”, or the “Company”), a biopharmaceutical company focused on the discovery, clinical development, manufacturing and commercialization of innovative therapeutics, today announced that it will report its interim results for the six months ended June 30, 2025, and provide a business update on August 29, 2025. The Company will hold live conference calls in English and Mandarin on August 29, 2025, Beijing Time.

The English session of the conference call will be held at 8:00 AM on August 29, 2025, Beijing Time (8:00 PM U.S. Eastern Time on August 28, 2025), and the Mandarin session of the conference call will be held at 9:30 AM Beijing Time on the same day (9:30 PM U.S. Eastern Time on August 28, 2025).

The conference calls can be accessed by the following links:

For English Session:

Time: 8:00 AM Beijing Time, Friday, August 29, 2025 (8:00 PM U.S. Eastern Time, Thursday, August 28, 2025)

Pre-Registration Link: https://www.acecamptech.com/eventDetail/60525881

Webcast Link:
https://www.acecamptech.com/meeting_live/70527911/811717?event_id=60525881

Alternatively, participants may dial in to the conference call using below dial-in information:

United States:

+1-646-2543594 (EN)

Chinese Mainland:

+86-10-58084166 (EN)

+86-10-58084199 (CN)

Hong Kong, China:

+852-30051313 (EN)

+852-30051355 (CN)

United Kingdom:

International:

+44-12-13680466 (EN)

+1-866-6363243 (EN)

Password:

866367

For Mandarin Session:

Time: 9:30 AM Beijing Time, Friday, August 29, 2025 (9:30 PM U.S. Eastern Time, Thursday, August 28, 2025)

Webcast Link: https://s.comein.cn/encsgfgi

Alternatively, participants may dial into the conference call using below dial-in information:

Chinese Mainland:

400-810-8117

Beijing, China

+86-10-57304337

Hong Kong, China:

Taiwan, China:

+852-30051355

0800-666-425

Singapore:

+65-68185374

Password:

899823

The replay of English session will be available shortly after the call and can be accessed by visiting the Company’s website at http://www.everestmedicines.com.

About Everest Medicines

Everest Medicines is a biopharmaceutical company focused on discovering, developing, manufacturing and commercializing transformative pharmaceutical products and vaccines that address critical unmet medical needs for patients in Asian markets. The management team of Everest Medicines has deep expertise and an extensive track record from both leading global pharmaceutical companies and local Chinese pharmaceutical companies in high-quality discovery, clinical development, regulatory affairs, CMC, business development and operations. Everest Medicines has built a portfolio of potentially global first-in-class or best-in-class molecules in the company’s core therapeutic areas of renal diseases, infectious diseases and autoimmune disorders. For more information, please visit its website at www.everestmedicines.com.

Forward-Looking Statements:

This news release may make statements that constitute forward-looking statements, including descriptions regarding the intent, belief or current expectations of the Company or its officers with respect to the business operations and financial condition of the Company, which can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Such forward-looking statements are not guarantees of future performance and involve risks and uncertainties, or other factors, some of which are beyond the control of the Company and are unforeseeable. Therefore, the actual results may differ from those in the forward-looking statements as a result of various factors and assumptions, such as future changes and developments in our business, competitive environment, political, economic, legal and social conditions. The Company or any of its affiliates, directors, officers, advisors or representatives has no obligation and does not undertake to revise forward-looking statements to reflect new information, future events or circumstances after the date of this news release, except as required by law.

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