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Peijia Medical Announces 2025 Interim Results

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HONG KONG, Aug. 25, 2025 /PRNewswire/ — Peijia Medical (9996.HK), a leading Chinese domestic player in the high-growth transcatheter valve therapeutics and neurovascular interventions markets, announced financial results for the six months ended June 30, 2025 (“the Reporting Period”) on August 22, 2025.

The Group reported sustained revenue growth and significantly improved expense ratios, driving a structural enhancement in profitability. Revenue reached RMB353.4 million, up 17.3% period-to-period. Revenue composition remained stable, with TAVR-related products and neurointerventional products accounting for 45.7% and 54.3%, respectively.

Revenue from TAVR-related products increased 24.0% to RMB161.6 million, fueled by market share gains in China’s transfemoral TAVR market and a favorable product mix shift toward newer premium products. Neurointerventional product revenue grew 12.2% to RMB191.8 million, supported by deeper penetration of key products and the successful launch of the YonFlow® Flow Diverting Stent.

Leveraging economies of scale and lean management, the Group substantially improved operational performance. The Neurointerventional Business segment profit increased 42.4% to RMB40.9 million, while the segment loss of the Transcatheter Valve Therapeutic Business narrowed 35.3% to RMB76.1 million. Excluding the total loss of the corresponding entities of the Future Technology Business, the net loss of the Group’s core business[1] narrowed 52.4% period-to-period to RMB30.7 million.

Transcatheter Valve Therapeutic Business Achieved First-ever Commercial Profit

During the Reporting Period, the Group expanded hospital coverage for its TAVR products by over 70, reaching more than 720 medical institutions in China as of June 30, 2025. Total terminal implant volume exceeded 2,050 units, an increase of 18.8% period-to-period, again outpacing market growth.

With the commercial launch of its upgraded TAVR products, the Group now offers a comprehensive portfolio including TaurusOne®, TaurusElite®, and TaurusMax™. This tiered product lineup provides complete sizing options and diversified pricing, maintaining stable average ex-factory prices and margins while expanding market accessibility. The premium TaurusMax™ received positive clinical feedback for its breakthrough 3D-steering technology.

Driven by enhanced sales force productivity, rationalized industry competition, and operational refinements, selling and distribution expenses for the segment decreased 8.3% to RMB100.0 million. The segment selling and distribution expense ratio decreased significantly by 21.8 percentage points to 61.9%. The segment achieved its first commercial profit of RMB29.1 million.

R&D expenses decreased 17.2% to RMB54.2 million, mainly due to the completion of three major pivotal trials, partially offset by accelerated progress in the HighLife® TSMVR system pivotal trial in China. Administrative expenses increased slightly by 2.8% to RMB51.0 million, mainly due to higher depreciation from the new headquarters, partly mitigated by Group-wide cost-saving initiatives.

As a result, the segment loss narrowed 35.3% to RMB76.1 million, demonstrating steady progress toward breakeven.

Three Core Pipeline Products Near Registration; Multiple Innovative Technologies Advanced

The Group successfully completed one-year follow-ups for three key pipeline products: the transfemoral AR TAVR system TaurusTrio™, the durability-enhanced AS TAVR system TaurusNXT®, and the mitral TEER system GeminiOne®. All demonstrated excellent safety and efficacy in clinical data presented at major conferences. The NMPA accepted the registration application for TaurusTrio™ in April 2025. Registration applications for TaurusNXT® and GeminiOne® will be submitted in the coming months, with approvals expected from late 2025 to mid-2026.

Other clinical-stage products also progressed significantly:

  • HighLife® TSMVR System (Licensed-in): Patient enrollment accelerated; expected to complete in 2026.
  • MonarQ TTVR® System (Global IP): Global Clinical Study initiated; first implant completed at Cedars-Sinai Hospital (Los Angeles, U.S.).
  • ReachTactile™ Robotic-Assisted TAVR System (Internally-developed): Completed FIM study (5 patients); registration trial to begin shortly.
  • Lithotripsy Valvuloplasty System (Internally-developed): FIM experience in MAC presented at New York Valves 2025, showing promising early results.

Neurointerventional Business Sustained Growth and Expanded Profit Scale

The segment continued its strong performance post full-year profitability in 2024. DCwire® Micro Guidewire saw sales surge nearly 140% period-to-period. Its 510(k) application was submitted to and accepted by the U.S. FDA in July 2025, with approval expected by year-end. YonFlow® Flow Diverting Stent received NMPA approval in April 2025 and achieved its first commercial implant in June. It has been listed in over 20 provinces and won bids in several provincial volume-based procurement (“VBP”) programs.

The Group’s SacSpeed® Balloon Dilatation Catheter and Fastunnel® Delivery Balloon Dilatation Catheter successful won bids in the Hebei-led VBP. Their competitive bid positioning resulted in substantially increased contracted volume shares compared to historical actual levels — particularly for Fastunnel® with a near fourfold growth. Although balloon dilatation catheter revenue was impacted temporarily due to pricing adjustments and delayed volume realization, the Group expects the situation to improve in the second half of 2025 upon full VBP execution. The coil product line renewed its bid in Jiangsu Province and is preparing for renewals in other regions.

Operationally, lean production and supply chain consolidation helped partially offset VBP-related pressures. The segment gross margin was 61.8%, down slightly by 1.9 percentage points from full-year 2024. All major expense ratios experienced period-to-period reductions. Selling and distribution expense ratio, administrative expense ratio and research and development expense ratio, decreased by 1.3, 1.7, and 5.3 percentage points, respectively. Segment profit increased 42.4% to RMB40.9 million.

Dr. Yi Zhang, Chairman and CEO of Peijia, commented, “The first half of 2025 was marked by simultaneous achievement of revenue growth, operational efficiency, and cost reduction. Lean management and operational optimization significantly improved expense ratios across both business segments. Most notably, our Transcatheter Valve Therapeutic Business achieved commercial profit for the first time, representing a major milestone in our path to structural profitability. Our Neurointerventional Business continued to deliver profit expansion amid mature growth.

At the same time, our innovation engine continues to lead the industry. With three core products in the final registration stage and multiple breakthrough technologies advancing globally, we are well-positioned for sustained future growth. Peijia remains committed to innovation, operational excellence, and delivering high-quality therapeutic solutions for patients worldwide, creating sustainable value for shareholders.”

Note:
[1] The Group’s core businesses refer to the Transcatheter Valve Therapeutic Business and the Neurointerventional Business, excluding the Future Technology Business. The Future Technology Business, established in 2024 and spun off from the Transcatheter Valve Therapeutic Business, focuses on developing globally leading therapies for valvular heart diseases. It currently includes three pipeline products: the Lithotripsy Valvuloplasty System, MonarQ TTVR® System, and ReachTactile™ Robotic-Assisted TAVR System. Each project is operated by dedicated teams and advanced through specialized subsidiaries with operational and financing autonomy.

About the Company

Peijia Medical (9996.HK) was established in 2012 and is headquartered in Suzhou, China. Peijia Medical focuses on the high-growth interventional procedural medical device market in China and aims to become a world-renowned medical device platform that provides comprehensive treatment solutions for structural heart and neurovascular diseases. The Company now has three TAVR systems and near twenty neurointerventional devices commercialized in China and various innovative product candidates at different stage of development. For more information about Peijia visit peijiamedical.com/about.

 

DREO to Preview Next-Gen Home Comfort Innovations and Accelerate EMEA Expansion at IFA 2025

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BERLIN, Aug. 25, 2025 /PRNewswire/ — DREO, the No.1 tower fan brand on Amazon in the US, UK, and Germany*, and the No.1 heater brand on Amazon in the US and UK*, officially announces its participation at IFA 2025, taking place September 5–9, with exclusive Media Days on September 3–4.

DREO 2025 IFA Invitation
DREO 2025 IFA Invitation

This marks DREO’s second appearance at IFA, reaffirming the brand’s commitment to innovation and its ambitious growth across the EMEA region. DREO continues to lead in its core categories, holding a 29% market share for tower fans and 14% for heaters in the EU, supported by a 92% revenue increase from 2023 to 2024.

Driven by a multi-channel expansion strategy, DREO is strengthening its leadership in Germany while accelerating growth across key EMEA markets including the UK, France, Ukraine, and the Baltic States. By 2026, the brand plans to establish presence in over 400 retail locations across Germany, including major chains such as MediaMarkt, Saturn, Expert, and Euronics, in addition to its strong online leadership.

Previewing Breakthrough Comfort Solutions

At IFA 2025, DREO will preview a new era of home comfort innovations, offering an exclusive first look at technologies set to redefine how people manage indoor climate. Building on its proven expertise in heating, cooling, and air circulation, DREO is preparing to unveil solutions that go beyond incremental upgrades — setting new standards for smarter, faster, and more immersive comfort experiences. The full reveal will take place during the show, where media and attendees will be among the first to explore DREO’s next wave of innovations shaping the future of comfort.

Joshua Gunn, Vice President at DREO, said:

“IFA 2025 marks an important milestone for us to reaffirm our strong commitment to the EMEA market. We are investing deeply because we see tremendous potential to bring greater comfort, convenience, and smart solutions into more homes. Our vision is to grow together with the people of this region, delivering meaningful value through continuous innovation.”

Media representatives are invited to visit DREO’s booth:
Hall H7.1B-102, Messe Berlin
Media Days: September 3–4, 2025
Public Show Dates: September 5–9, 2025
Full product details and official announcements will be revealed during the show.

ABOUT DREO

DREO, the home tech pioneer transforming everyday comfort through innovation and elegant design, continues to redefine modern living. Specializing in air comfort and smart kitchen solutions, DREO has earned the trust of over 20 million users. Proudly becoming the No. 1 Household Fan and Space Heater Brand on Amazon U.S. for two consecutive years and the No. 1 Tower Fan Brand in the U.S.* DREO’s products are known for their exceptional performance, energy efficiency, and seamless smart home integration, delivering both convenience and sustainability to households across the globe.

As the official partner of the LA Kings, DREO is proud to stand alongside champions of performance and innovation. Building on this partnership, the company is committed to making a meaningful impact in the local community over the next two years, and continue to inspire simple yet extraordinary home experiences.

*Ranking based on the Stackline data for Amazon U.S. retail sales of household fans and space heaters from January 2023 to January 2025.

For more details visit: https://www.DREO.com/
Follow us on Facebook: https://www.facebook.com/DREOHome
Follow us on Instagram:
https://www.instagram.com/DREO.home/
https://www.instagram.com/DREO.kitchen/
Follow us on TikTok: https://www.tiktok.com/@DREOhome

Linklogis and XRP Ledger Announce Strategic Partnership to Advance Global Digital Supply Chain Finance Applications

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SHENZHEN, CHINA – Media OutReach Newswire – 25 August 2025 – Recently, Linklogis (9959.HK), a leading Chinese supply chain fintech service provider, announced a strategic partnership with XRPL, a globally renowned enterprise-grade blockchain solution. The two parties will jointly facilitate the deployment of Linklogis global digital supply chain finance application on the XRP Ledger (XRPL) mainnet and drive its large-scale commercialization.

As the core of this collaboration, Linklogis will integrate its global digital supply chain finance platform onto the XRPL mainnet to enable the circulation and cross-border settlement of digital assets backed by real-world trade flows. This partnership not only marks its entry into the global decentralized financial ecosystem, but also demonstrates the company’s continued innovation in cross-border trade finance.

Looking ahead, the two sides will explore deeper collaboration in areas such as stablecoins and supply chain finance innovation, including smart contract–based trading of supply chain finance RWA assets and the convergence of blockchain and AI in global trade finance scenarios, further extending XRPL’s technical frontier in enterprise-grade real-world assets.

XRPL (XRP Ledger) was officially launched in 2012 by developers David Schwartz, Jed McCaleb, and Arthur Britto, with the goal of creating a more efficient and sustainable value-transfer system than Bitcoin. As early as 2011, they proposed the concept of “Bitcoin without mining,” aiming to address Bitcoin’s limitations by leveraging a distributed ledger and its native digital asset XRP (originally “ripples”) to deliver more efficient financial solutions. In 2012, the team partnered with Chris Larsen to form NewCoin, later renamed OpenCoin, which evolved into Ripple Labs (now Ripple). Its mission is to drive innovation and integration in the global financial system by bridging blockchain technology and traditional finance. XRPL has received financial support from partners worldwide—including Coil, Ripple, and Gatehub—who are committed to accelerating its technological development and global adoption to achieve decentralization and broad-based use.

Linklogis is committed to empowering supply chain finance through technology and promoting intelligence and sustainability across the industry, with the goal of becoming a leading global digital solutions provider. Since 2019, Linklogis has built out cross-border business under its “Go Early” and “Go Deep” strategy, serving customers in 27 countries and regions worldwide and processing RMB 20.7 billion in cross-border assets in 2024.

In 2020, Linklogis and Greenland Financial jointly obtained a Singapore digital banking license and founded Green Link Digital Bank, focusing on building an open digital finance ecosystem.

In 2023, Linklogis, together with the BIS Innovation Hub, Standard Chartered, RD Technologies, and Simmons & Simmons, advanced the Project Dynamo asset tokenization initiative. In the same year, the Monetary Authority of Singapore released a white paper on digital money and launched Project Guardian. As part of Project Guardian, Linklogis and Standard Chartered conducted the AssetBacked Security Token pilot that successfully issued the industry’s first tokenized product backed by trade assets, making it a key component of the initiative.

In 2024, as a founding shareholder, Linklogis helped establish SuperFi Labs, a DeFi innovation lab focused on building the next generation of consumer products on-chain. Offering RWA products on the asset side and DeFi products on the funding side, SuperFi Labs further advances the development of digital currencies and decentralized finance.

Hashtag: #Linklogis

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

B Strategy to Launch $1 Billion U.S.-Listed BNB Treasury Company with YZi Labs’ Support

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The Company Aims to Become the ‘Berkshire Hathaway’ of the BNB Ecosystem.

HONG KONG, Aug. 25, 2025 /PRNewswire/ — B Strategy, a leading investment firm focused on digital assets, today announced a landmark initiative to launch a U.S.-listed BNB treasury company. With strategic support from YZi Labs (formerly Binance Labs), the treasury firm aims to raise $1 billion, with further growth potential.

Led by the co-founders of Metalpha and the former CFO of Bitmain, the initiative intends to operate through a U.S.-listed vehicle not only to hold BNB as a treasury but also to become the ‘Berkshire Hathaway’ of the BNB ecosystem. The company will dedicate capital and resources to actively foster ecosystem growth by investing in core technology development, providing grants for innovative projects, and supporting community initiatives.

While U.S.-listed, the company will leverage B Strategy’s extensive Asia-Pacific footprint—spanning Hong Kong, ASEAN, the Middle East, and other key markets—to access deep pools of liquidity, market intelligence, and distribution, enabling follow-the-sun execution and coverage for global investors. The initiative has already attracted strong regional backing, with several prominent Asia-based family offices serving as anchor investors in the initial funding.

B Strategy is led by an accomplished management team, including Leon Lu, Founder of B Strategy and co-founder of Metalpha Technology Holding Limited (Nasdaq: MATH) (“Metalpha”), where he stewarded a Bitmain-seeded crypto stocks fund that achieved a 276% return in approximately 24 months. Prior to his work in digital assets, Mr. Lu founded his own investment firms focusing on both public and private markets, and has experience at Morgan Stanley Securities (China) and Bernstein.

The team also includes Max Hua, Co-Founder of B Strategy and former CFO and rotating CEO of Bitmain, where he oversaw global finance and investment activities. Previously, he was a partner at Shearman & Sterling LLP, with 15 years of experience in capital markets and IPO advisory. Ni Ming, Partner at B Strategy, co-founded Metalpha and served as its COO, leading its U.S. listing company acquisition and global expansion. He also held senior roles at 36Kr (NASDAQ: KRKR) and Huarong International Financial Holdings, managing over HKD 10 billion in investments. Henry Wu, Partner at B Strategy, co-founded Ledger Capital and was formerly the China Head of Sir Terry Matthews’ family office.

“BNB is emerging as the cornerstone utility for the next generation of capital markets and financial systems, powering Web3 with unmatched trading volume, robust stablecoin integration, and growing real-world asset adoption. Its high on-chain usage and strong incentives for builders and users are driving mass adoption,” said Ella Zhang, Head of YZi Labs. “We’re seeing increasing recognition from investors and institutions integrating BNB into long-term strategies. B Strategy, led by crypto + tradfi OGs with a deep-rooted belief in Bitcoin and BNB, is uniquely positioned to amplify this momentum. YZi Labs is confident in supporting their mission to grow the BNB ecosystem together.”

“As a veteran in both crypto and traditional finance, we’ve seen how disciplined, transparent treasury vehicles unlock high-quality digital-asset exposure. By leveraging a publicly listed company, we will use our assets and resources to support an ecosystem that is already #1 in daily transaction value (12.5 million transactions/day) and #2 in dapps/projects. The listed company will hold and actively manage BNB as a core strategic asset with YZi Labs’ support, pursuing a ‘maximize BNB-per-share’ strategy,” said Leon Lu. “By combining our crypto-native expertise, APAC distribution, and U.S. public-market discipline, we believe now is the right time to establish a well-capitalized, institutionally managed, pure-play listed vehicle offering institutional investors access to the BNB ecosystem, connecting global investors with the innovation occurring on the BNB Chain.” he added.

“Drawing on my years working with the most prominent Bitcoin miners globally, I’ve seen the true scale of demands for industrial-grade governance, transparent reporting, and bank-level controls,” said Max Hua. “We’re bringing that operator’s discipline to the company: independently verified holdings, best-in-class custody, rigorous risk limits, and seamless cross-border processes so investors—from New York to Hong Kong—can access BNB with confidence and efficiency.”

A vast and dedicated BNB community has already formed, representing a powerful global network of users, developers, and enthusiasts. The company will emphasize transparency and verification of holdings, strong engagement with the BNB ecosystem and community, and expects to announce the closing of its related financing in the coming weeks.

About YZi Labs

YZi Labs manages over $10 billion in assets globally. Our investment philosophy emphasizes impact first—we believe that meaningful returns will naturally follow. We invest in ventures at every stage, prioritizing those with solid fundamentals in Web3, AI, and biotech.

YZi Labs’ portfolio covers over 300 projects from over 25 countries across six continents. More than 65 of YZi Labs’ portfolio companies have gone through our incubation programs. For more information, follow YZi Labs on X.

About B Strategy

B Strategy is a digital asset investment management firm that serves as a bridge between traditional and cryptocurrency investments. The firm specializes in innovative, risk-managed strategies within the blockchain and crypto sectors. Its mission is to connect institutional capital with high-quality opportunities through disciplined research, robust risk management, and institutional-grade execution. The team is led by executives with extensive experience in both crypto and traditional finance. For more information, follow B Strategy on X.

Press contact

YZi Labs: Yuna Yu, yuna.y@yzilabs.com 
B Strategy: Ginny Cao, ginny.cao@bstrategy.tech

Origin Agritech Commences Full-Scale Seed Processing Operations at Xinjiang Production Base

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Leveraging Advanced Automation to Support the National Agricultural Supply Chain

BEIJING, Aug. 25, 2025 /PRNewswire/ — Origin Agritech Ltd. (NASDAQ: SEED) (the “Company” or “Origin”), a leading Chinese agricultural technology company, today announced that its Xinjiang production and processing facility (the “Facility”) has commenced full-scale seed processing operations for the 2025 season on August 21, 2025. The Facility’s activation marks a critical milestone in Origin’s integrated seed production and distribution strategy, positioning the Company to meet growing demand for high-quality corn seeds across China’s agricultural markets.

Origin’s Xinjiang facility is strategically located in one of China’s most important corn seed production regions, benefiting from Xinjiang’s unique solar thermal resources and climatic conditions for seed development. The region’s natural advantages provide an ideal environment for producing premium-quality seeds that meet Origin’s stringent quality standards.

“Seeds are the semiconductor chips of agriculture, and the processing stage is absolutely critical,” said Weibin Yan, Chief Executive Officer of Origin Agritech. “Through our advanced seed processing equipment and strict quality management systems, we ensure that every seed meets optimal standards, providing farmers with the foundation for successful harvests.”

The Xinjiang production base operates a fully automated processing production line that integrates cleaning, drying, threshing, precision sorting, coating, and packaging operations. This comprehensive automation significantly improves processing efficiency while maintaining the highest seed quality standards throughout the production chain.

The Facility’s seed coating technology provides critical protection during early crop growth stages, effectively preventing diseases and pest damage while promoting uniform emergence and robust seedling development. These protective measures establish the foundation for high-yield, stable production outcomes for Origin’s farmer customers.

Real-time monitoring systems oversee the drying operations, ensuring optimal moisture content and seed viability. The integrated approach to quality control demonstrates Origin’s commitment to delivering consistent, high-performance products to its distribution network.

With the commencement of full-scale processing operations, Origin is accelerating its logistics and distribution capabilities to ensure the timely delivery of premium seeds to farmers nationwide. The Company’s commitment to meeting critical agricultural timing requirements supports China’s food security objectives and agricultural modernization initiatives.

About Origin Agritech Limited

Origin Agritech Limited, founded in 1997 and headquartered in Origin R&D Center, Songzhuang, Tongzhou in Beijing, is a leading Chinese agricultural technology company. In crop seed biotechnologies, Origin Agritech’s phytase corn was the first transgenic corn to receive the Bio-Safety Certificate from China’s Ministry of Agriculture. Over the years, Origin has established a robust biotechnology seed pipeline, including products with glyphosate tolerance and pest resistance (Bt) traits. For further information, please visit the Company’s website at www.originagritech.com. The Company also maintains an X account for updating investors on Company and industry developments which is https://x.com/origin_agritech.

Forward-Looking Statements

This communication contains “forward-looking statements” as defined in the federal securities laws, including Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. Forward-looking statements address expected future business and financial performance and financial condition and contain words like “expect,” “anticipate,” “intend,” “plan,” “believe,” “seek,” “will,” “would,” “target,” and similar expressions and variations. Forward-looking statements address matters that are uncertain. Forward-looking statements are not guarantees of future performance and are based on assumptions and expectations that may not be realized. They are based on management’s current expectations, assumptions, estimates, and projections about the Company and the industry in which the Company operates but involve a number of risks and uncertainties, many of which are beyond the Company’s control. Some of the important factors that could cause the Company’s actual results to differ materially from those discussed in forward-looking statements are: failure to develop and market new products and optimally manage product life cycles; ability to respond to market acceptance, rules, regulations and policies affecting our products; failure to appropriately manage process safety and product stewardship issues; changes in laws and regulations or political conditions; global economic and capital markets conditions, such as inflation, interest and currency exchange rates; business or supply disruptions; natural disasters and weather events and patterns; ability to protect and enforce the Company’s intellectual property rights; and separation of underperforming or non-strategic assets or businesses. The Company undertakes no duty or obligation to publicly revise or update any forward-looking statements as a result of future developments, new information, or otherwise, should circumstances change, except as otherwise required by securities and other applicable laws. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure that such expectations will be correct. Actual results may differ materially from the anticipated results. You are urged to consider these factors carefully in evaluating the forward-looking statements contained herein. You are cautioned not to place undue reliance on such forward-looking statements, which are qualified in their entirety by these cautionary statements.

For more information, please contact:
Origin Agritech Limited Contact:
Kate Lang (Mandarin/English)
Director of Investor Relations
Phone: +86 186-1839-3368
Email: bing.lang@originseed.com.cn

Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com

CoinW Shines at Coinfest Asia 2025 Bali, Showcasing Cutting-Edge Innovations and Industry Insights

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HONG KONG, Aug. 25, 2025 /PRNewswire/ — CoinW, one of the world’s leading cryptocurrency asset trading platforms, participated as an event sponsor and speaker at Coinfest Asia 2025, highlighting its commitment to driving innovation and collaboration across the global cryptocurrency ecosystem.

Held at Nuanu Creative City, Bali, on August 21-22, Coinfest Asia 2025 welcomed over 10,000 attendees from more than 90 countries, making it one of the largest blockchain gatherings in Asia and beyond.

During the event, CoinW presented its investment product ecosystem offline for the first time, featuring key products such as PropW, GemW, DeriW, and WConnect. The showcase provided participants with an overview of CoinW’s product portfolio and strategic priorities, highlighting its approach to developing diversified financial services.

A major focus of the event was the involvement of CoinW’s Chief Strategy Officer, Nassar, who joined several side sessions as a featured speaker. He shared perspectives on blockchain technology trends, digital asset investment strategies, and global market regulation, contributing to discussions on the evolving landscape of the crypto industry.

A Time to Shine

The crypto exchange’s unwavering commitment to security, transparency, and user-centric principles was on full display as one of the sponsors at Coinfest Asia 2025.

Representing CoinW as a speaker was its Chief Strategy Officer, Nassar Ackchar. On the event’s second day, he was invited to join the “Behind the Pump: The Stack That Moves Money” panel discussion. The insightful dialogue was moderated by event organizer Indonesia Crypto Network’s Head of Partnerships, Stanley Suhadi.

Nassar Ackchar said, “Users in emerging markets are increasingly treating stablecoins as a parallel financial system—using them for remittances, savings, and even everyday payments—and that demand is showing up in our volumes. “

“Behind the Pump: The Stack That Moves Money” panel discussion
“Behind the Pump: The Stack That Moves Money” panel discussion

Coinfest, themed “Full Moon,” symbolizes a new dawn for Web3 technologies emerging into mainstream adoption. This made it the perfect platform for CoinW to share its vision of innovation and collaboration in the crypto industry.

The event offered CoinW an exceptional opportunity to engage with industry leaders and the broader blockchain community while reinforcing Indonesia’s tokenization potential in the digital economy.

Beyond Trading, Empowering the Crypto User

At the conference, CoinW’s “Connecting Legends” side event attracted strong participation and interest from attendees. The interactive exhibition area provided an immersive experience, giving participants a closer look at the company’s innovative product lineup and fostering meaningful engagement.

The event highlighted CoinW’s comprehensive digital asset trading ecosystem, which spans the entire value chain—from efficient centralized trading solutions to emerging decentralized innovations.

CoinW’s Chief Strategy Officer, Nassar, opened the session with a keynote presentation focused on the company’s “user-first” philosophy. Drawing on data and user feedback, he explained how the CoinW platform works alongside invested ecosystem products such as GemW and WConnect to deliver an integrated trading experience. His remarks offered attendees a clear perspective on CoinW’s strategic investment priorities and positioning in the market.

  • CoinW Integrated Trading Platform: Operating in over 200 countries and regions, supporting a wide range of mainstream and long-tail trading pairs. The platform leverages AI strategy tools and multi-layer risk controls to deliver intelligent order routing and optimized matching, providing users with an efficient and secure trading experience in a centralized environment.
  • GemW On-Chain Asset Aggregation Platform: Aggregates high-potential and long-tail on-chain assets. Users can trade instantly without configuring a wallet or holding gas tokens — simply by entering a contract address. Powered by the LENS model, the platform combines on-chain data, social sentiment, and project analysis to help users identify promising assets.
  • WConnect: CoinW’s flagship forum that brings together builders, exchanges, and developers.

The PropW team introduced this proprietary trading platform designed for professional traders and institutional investors. The platform offers quantitative trading tools, API access, and risk management solutions for high-frequency and large-volume trading.

They explained how the platform enhances trading efficiency. PropW serves around 100,000 traders across 50+ countries and regions and aims to transform the trading industry through enhanced efficiency, not just product innovation.

The DeriW team outlined the platform’s strategic vision, emphasizing its role as a key component of blockchain infrastructure and its long-term growth potential.

Their presentation highlighted DeriW’s core strengths, including its Rollup-based architecture with a processing capacity of 80,000 TPS and a zero-gas perpetual contract model aimed at enhancing the user experience. The team also discussed DeriW’s positioning in the decentralized finance ecosystem, demonstrating how its high-yield LP liquidity pools attract diverse participants and support the development of a sustainable economic model.

The “Connecting Legends” event successfully demonstrated CoinW’s technological prowess and strengthened its community ties through interactive experiences. A common sentiment among attendees was that their direct involvement provided a clear window into CoinW’s dedication to creating an accessible cryptocurrency ecosystem.

Onward To A Bright Crypto Future

Through its active participation at Coinfest Asia 2025, CoinW reaffirmed its commitment to advancing the cryptocurrency industry via education, innovation, and strategic partnerships. The platform’s presence at this major Indonesian event further highlighted its strategic focus on Asian markets.

With Asia emerging as a hub for rapid digital asset adoption, CoinW sees significant long-term opportunities in the region. Countries like Indonesia are especially promising, with young, tech-savvy populations and evolving digital economy policies.

To capitalize on this dynamic landscape, CoinW strategically leveraged its presence at Coinfest Asia 2025. The platform aimed to strengthen local partnerships, gain deeper market insights, and develop products tailored to meet the needs of Asian users. This proactive approach underscores CoinW’s commitment to growing alongside the region’s rapidly expanding digital economy.

“We see tremendous potential in Asian markets and remain committed to building genuine partnerships to benefit the entire ecosystem,” said CoinW Chief Strategy Officer Nassar Ackchar. He added, “Our goal is collective growth that strengthens the industry for everyone.”

This forward-thinking perspective perfectly aligns with CoinW’s global strategy. The platform is constantly working to enhance its offerings, delivering exceptional user experiences while helping to build the gateway for next-generation financial services and fostering a true co-win for the entire ecosystem.

About CoinW

Founded in 2017, CoinW has grown into one of the world’s leading cryptocurrency asset trading platforms, serving a vast and diverse global user base. The platform offers intelligent trading services, with a daily trading volume exceeding $5 billion and a consistent top 4 ranking in CoinMarketCap’s futures markets. With over 15 million registered users, CoinW is deeply committed to advancing wealth creation and blockchain innovation, continually enhancing its product ecosystem with innovations. Since 2022, CoinW has significantly expanded its global brand presence through international sports sponsorships, including a high-profile partnership with football legend Andrea Pirlo. In addition to its commercial growth, CoinW is actively engaged in corporate social responsibility — from donating supplies to orphanages in Africa to supporting animal welfare in Taiwan. Looking ahead, CoinW aims to promote financial inclusion on a global scale, continue leading the cryptocurrency sector, and accelerate the adoption of blockchain technology and digital assets worldwide. To learn more about CoinW, you can visit the website, and follow CoinW’s X Account, and Telegram Group.

First Phosphate Closes Oversubscribed Private Placement to Existing and Follow-On Investors

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Saguenay, Quebec – Newsfile Corp. – August 25, 2025 – First Phosphate Corp. (CSE: PHOS) (OTCQX: FRSPF) (FSE: KD0) (“First Phosphate” or the “Company“) is pleased to announce that, on August 22, 2025, it closed its financing (the “Offering“) to an existing investor, and other follow-on investors, on terms as described in the Company’s news release dated August 5, 2025.

The Company raised a total of $2.95 million through the issuance of 4,749,000 Flow-Through Shares at a price of $0.50 for gross proceeds of $2,374,500, and 1,150,000 Hard Dollar Units at a price of $0.50 for gross proceeds of $575,000.

Together with this Offering, the Company has raised to date a total of approximately $31.4 million in 9 management-led non-brokered private-placement financings since June 2022 of which approximately $11.2 million has been closed in the last 3 months.

In connection with the Offering, the Company paid $25,200 in cash finder’s fees, issued 218,320 compensation shares and advisory shares at a deemed price of $0.50 per common share, and issued 268,720 Compensation Warrants, exercisable at a price of $0.50 per common share of the Company, until December 31, 2025, subject to an Accelerated Expiry Date. All securities issued under the Offering are subject to a four-month and one day statutory hold period in accordance with applicable securities laws. The Company intends to use the proceeds from the Offering as disclosed in the Company’s press release dated August 5, 2025. Capitalized terms used in this news release and not defined herein have the meanings given to them in the Company’s news release dated August 5, 2025. The Company may close another tranche of the Offering at its discretion.

This news release does not constitute an offer to sell or a solicitation of an offer to sell any of securities in the United States. The securities have not been and will not be registered under the United States Securities Act of 1933, as amended (the “U.S. Securities Act”) or any state securities laws and may not be offered or sold within the United States or to U.S. Persons unless registered under the U.S. Securities Act and applicable state securities laws or an exemption from such registration is available. Completion of the Offering is subject to certain conditions including, but not limited to, the receipt of all necessary approvals. There can be no assurance that any further securities will be sold under Offering.

The Company has also approved the grant of 1,826,400 restricted share units of the Company (“RSUs”) to eligible directors, management and consultants of the Company in lieu of cash compensation expenses for the 6 month period commencing September 1, 2025. The RSUs vest on February 28, 2026 and shares issued under these RSUs will be subject to a hold period of four months plus one day from the date of issuance. The RSUs will be granted in accordance with and subject to the Company’s Omnibus Equity Incentive Plan.

About First Phosphate Corp.
First Phosphate (CSE: PHOS) (OTCQX: FRSPF) (FSE: KD0) is a mineral development company dedicated to producing high-purity phosphate for the LFP battery industry. The Company is committed to sustainable extraction and purification with a low anticipated carbon footprint. Its vertically integrated model connects phosphate mining directly into the supply chains of North American battery producers. First Phosphate’s flagship project, the Bégin-Lamarche Property in Saguenay-Lac-Saint-Jean, Quebec, contains rare igneous anorthosite rock that yields high-purity phosphate with minimal impurities.

For additional information, please contact:
Bennett Kurtz
Chief Financial Officer
bennett@firstphosphate.com
Tel: +1 (416) 200-0657

Investor Relations: investor@firstphosphate.com
Media Relations: media@firstphosphate.com
Website: www.FirstPhosphate.com

Follow First Phosphate:
X : https://x.com/FirstPhosphate
LinkedIn: https://www.linkedin.com/company/first-phosphate

Forward-Looking Information and Cautionary Statements

This news release contains certain statements and information that may be considered “forward-looking statements” and “forward looking information” within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking statements and forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “targets”, “expects” or “does not expect”, “is expected”, “an opportunity exists”, “is positioned”, “estimates”, “intends”, “assumes”, “anticipates” or “does not anticipate” or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might”, “will” or “will be taken”, “occur” or “be achieved” and other similar expressions. In addition, statements in this news release that are not historical facts are forward-looking statements, including, among other things: the Company’s planned exploration and production activities; the properties and composition of any extracted phosphate; the Company’s plans for vertical integration into North American battery supply chains; and the receipt of all necessary approvals.

These statements and other forward-looking information are based on assumptions and estimates that the Company believes are appropriate and reasonable in the circumstances, which may prove to be incorrect, include, but are not limited to, the various assumptions set forth herein and in the Company’s public disclosure record including the short form base prospectus dated June 5, 2024, and the receipt of all necessary approvals.

There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. There can be no assurance that any opportunity will be successful, commercially viable, completed on time or on budget, or will generate any meaningful revenues, savings or earnings, as the case may be, for the Company. In addition, the Company will incur costs in pursuing any particular opportunity, which may be significant. These factors and assumptions are not intended to represent a complete list of the factors and assumptions that could affect the Company and, though they should be considered carefully, should be considered in conjunction with the risk factors described in the Company’s other documents filed with the Canadian and United States securities authorities, including without limitation the “Risk Factors” section of the Company’s Management Discussion and Analysis dated June 27, 2025 and Annual Report on 20-F dated July 8, 2024, which are available on SEDAR at www.sedarplus.ca. Although the Company has attempted to identify factors that would cause actual actions, events or results to differ materially from those disclosed in the forward-looking information or information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

THIS NEWS RELEASE IS NOT INTENDED FOR DISSEMINATION IN THE UNITED STATES

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

About First Phosphate Corp.

Korean Oil & Gas Innovators to Showcase Cutting-Edge Solutions at OGA 2025 in Malaysia

By
Advertorial Desk
-

Featuring ISO-Certified, High-Performance Products from Korea’s Leading Manufacturers — Meet Them at Hall 1, Booths 1801–1812, Kuala Lumpur Convention Centre, 2–4 September 2025

KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 25 August 2025 – Korean companies engaged in the manufacturing of products in the oil & gas field are scheduled to participate in the upcoming Oil & Gas Asia exhibition (OGA 2025), to be held at the Kuala Lumpur Convention Center, Malaysia, from September 2 to 4.

Last year Korean Pavilion OGA 2024 attracts engaging crowds and promising business discussion through onsite meeting at the booth. Sponsored by the Ministry of SME's and Startups, Co-organized by Korea Federation of SMEs (KBIZ) and Korea Measuring Instruments Research Association (KMIRA)
Last year Korean Pavilion OGA 2024 attracts engaging crowds and promising business discussion through onsite meeting at the booth. Sponsored by the Ministry of SME’s and Startups, Co-organized by Korea Federation of SMEs (KBIZ) and Korea Measuring Instruments Research Association (KMIRA)

The Korean companies participating in this year’s OGA exhibition are not just participants, but leaders in their respective industries, including oil and gas, marine plants, and specialized vessels. They offer internationally certified products (ISO, CE, IECE, ATEX, etc.) and competitive technologies, aiming to meet the needs of potential business partners. With high-performance products, they can help global customers reduce economic losses while providing reliable transactions and prompt delivery.

Preview of Korean Companies – We’ve made it easy for you to get a sneak peek at what our Korean companies have to offer. Please visit the website and search for the products you are looking for.

The specific products manufactured by Korean companies include:

* TTS Corporation. | Aluminum Dome Roofs for Crude Oil Tanks

Email: sales@ttsseal.com Website: www.ttsseal.com

* SENKO Co., Ltd. | Electrochemical Gas Sensors and Detectors

Email: sales@senko.co.kr Website: www.senko-detection.com

* GLOAZURE Co., Ltd. | Corrosion Measurement Devices and Valve Locking Devices

E-mail: gloazure@gloazure.com Website: www.gloazure.com

* ELYON Industry Co., Ltd. | Fin Tube and Fin Coil

Email: vision@elyonindustry.com Website: www.elyonindustry.com

* WOOSUNG Valve Co., Ltd. | Check Valves

Email: wsc@pancheck.co.kr Website: www.pancheck.co.kr

* HANSAE Co., Ltd. | Copper Alloy Pipes Resistant to Low Temperatures and Corrosion

Email: intl@hansaeglobal.com Website: http://hansaeglobal.com/about-us/location

* WFN Co., Ltd. | Special Flanges

E-mail: sales@wfncompany.com Website: www.wfncompany.com

* WOOSUNG P&F Co., Ltd. | High-Quality Forged Products

Email: wsf@wsf2002.com Website: www.wsfv.kr

* KOPECS Co., Ltd. | Control Valve (Shut-Off Valve)

Email: kopecs@kopecs.com /kopecs102@kopecs.com Website: www.kopecs.com

* SENTECH ENG Co., Ltd. | Industrial Temperature Sensors Resistant to High Temperatures

Email: sentecheng@sentecheng.com /sales@sentecheng.com Website: www.sentecheng.com

* OSCG Co., Ltd. | Cable Gland and Junction Box, Flexible Conduit

Email: oscg@oscg.net / wkm@oscg.net Website: www.oscg.net

We warmly invite interested companies to visit booths 1801 to 1812 in Hall 1 for meetings. Your presence will be highly appreciated!. Join Us for Business Meetings at OGA!.

If you would like more detailed information about the companies participating in the 2025 OGA Exhibition, please contact us.

PDS Consulting Sdn. Bhd.
Name: Mr Harry Jung
Managing Director, PDS Consulting Sdn. Bhd.
Tel: +603 4270 5430/6430
Email: harry@pdsconsulting.com.my

Hashtag: #OGA

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

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