SHANGHAI, Aug. 9, 2025 /PRNewswire/ — SALOMON, the modern mountain sports lifestyle brand, announced the grand opening of the SALOMON Anfu Concept Store in Shanghai. This new location integrates SALOMON’s French heritage and pioneering retail space with the local community, marking an upgrade of its retail experience in China.

Located in a historic, French-style building on Anfu Road, this new concept store draws inspiration from the SALOMON Sportstyle store in Marais district in Paris and integrates French style with Shanghai’s urban culture.

David Kibler, Deputy Consul General of France in Shanghai, said, “SALOMON has showcased French craftmanship excellence combined with constant innovation. SALOMON continues to forge links between our territories, our cultures and our talents.”

“The localization of the store represents SALOMON’s brand vision, which is made possible by our partners and the warm embrace of local communities,” Guillaume Meyzenq, SALOMON President & CEO said, “It is becoming increasily influential that Chinese consumers have presented growing focus on functionality and integrated demands for styling and performance. Along with the grand opening of the store, we look forward to growing with Chinese consumers and bringing more innovation to the world!”

The SALOMON Anfu Concept Store hosted the debut of the「Road to the Future」Project in China, following its presentation at Paris Fashion Week. Jingting Bai, SALOMON Sportstyle Ambassador, with the specially designed XT-Whisper, made a notable appearance.

John Yin, SALOMON Vice President Greater China and initiator of the “Road to the Future” Project, said, “SALOMON hopes that ‘Road to the Future’ will inspire more original designs and help Chinese design talent enter international markets.”

Jinmai Zhao, SALOMON Sportstyle Ambassador, appeared on Anfu Road that afternoon and interacted with “GO WILD“, SALOMON’s outdoor community, inspiring people to explore the urban outdoor lifestyle.

Prior to the official opening, SALOMON collaborated with 11 local shops on Anfu Road, fostering a strong connection with local communities.

As a platform that embodies the French culture, pioneering spirit, and diverse retail experiences, the SALOMON Anfu Concept Store  is committed to integrating into Chinese local culture and exploring new possibilities for the urban outdoor lifestyle.

BEIJING, Aug. 9, 2025 /PRNewswire/ — RoboSense (2498.HK), a pioneering AI-driven robotics technology company, showcased its cutting-edge Active Camera platform at the 2025 World Robot Conference (WRC) under the company’s theme of “The Real Eye of Robots.” The showcase featured the already released AC1 and the AI-Ready ecosystem, alongside the debut of the new product AC2, which is scheduled for official launch later this year. The exhibition attracted numerous robotics developers and industry professionals, demonstrating RoboSense’s technological strength and ecosystem potential in the field of robotic visual perception.

Simultaneously, leveraging its outstanding product capabilities, RoboSense supported more than ten global robotics partners—including the Beijing Innovation Center of Humanoid Robotics, Dobot Robotics, Ti5 Robot, CASBOT, Hubei Humanoid Robotics Innovation Center, Unitree Robotics, and Pudu Robotics—in exhibiting multiple cutting-edge products at the event. Together, they painted a vivid picture of the accelerating momentum of Chinese robotics technology across diverse industries.

Active Camera: The Real Eye of Robots

In recent years, general-purpose robots, represented by humanoid robots, have rapidly transitioned from concept to practical application. At the same time, segmented markets such as lawn-mowing robots, service robots, and industrial robots are accelerating their progress toward commercial deployment. To function and work effectively in the real world, robots must first be able to clearly view and understand the 3D structure, color patterns, and light variations of their surroundings.

Based on innovations in sensor architecture, self-developed chips, and AI capabilities, RoboSense has launched the “Real Eye of Robots” series — Active Camera. The Active Camera employs an innovative architecture that integrates multiple sensors into a single hardware unit, delivering color information, depth data, and motion status, while achieving spatiotemporal fusion of these three data types. This breakthrough completely overcomes the traditional 3D vision limitations of unclear perception, low accuracy, and slow response, enabling highly robust, precise, and active perception capabilities that deeply understand the environment.

After the launch of the first Active Camera platform product, AC1, in March 2025, the new product AC2 made its first public appearance at this year’s WRC, once again attracting widespread global attention in the robotics field. AC2 is scheduled for official launch later this year.

Moving forward, RoboSense will continue to expand the Active Camera series with more product offerings and supporting tools, unlocking the potential of AI-driven innovation for cutting-edge research. This will help save development time and resources for mass production and commercial projects, while continuously building a perception technology platform applicable across diverse industries. RoboSense aims to deliver significant value in fields such as embodied robotics, general robotics, and digital twins.

Open-Source Ecosystem Drives Dual Engagement Between Developers and End Users

At the same time, RoboSense also presented its AI-Ready ecosystem in detail. Designed for Active Camera developers, this ecosystem aims to help developers across various fields efficiently complete robotic product prototyping and commercial application deployment.

The AI-Ready ecosystem provides comprehensive development support, including open-source tools, AI algorithms, reference cases, and datasets. It continuously attracts both algorithm developers and application developers to become Active Camera users. Application developers can easily leverage the integrated algorithms on the Active Camera platform to create innovative features tailored to their specific use cases, accelerating the transition from prototype to mass production and commercial deployment. Meanwhile, AI algorithm and embedded systems developers benefit from the ecosystem’s diverse scenarios to continuously optimize and iterate their algorithms and hardware-software solutions, effectively connecting their technologies with customers and market opportunities.

Driving Commercial Deployment & Connecting Thousands of Application Scenarios

At the WRC event, powered by RoboSense’s “The Real Eye of Robots” product series, multiple robotics partners—including Beijing Innovation Center of Humanoid Robotics, Dobot Robotics, CASBOT, Pudu Robotics, Unitree Robotics, and Hubei Humanoid Robotics Innovation Center—showcased their well-known products, drawing strong attention and enthusiastic interactions from attendees.

The exhibition highlighted the dynamic and flourishing innovation within China’s robotics industry. As a key player in the embodied robotics movement, RoboSense showcased its comprehensive “Real Eye of Robots” series, leading a major shift in robotic vision development. By providing developers with a streamlined, user-friendly, and innovative one-stop solution, RoboSense is accelerating the commercial deployment of cutting-edge robotic products.

About RoboSense

RoboSense (2498.HK), founded in 2014, is an AI-driven robotics technology company that supplies core components and solutions for the robotics market, committed to “Become the global leader in robotics technology platforms.” Headquartered in Shenzhen, China, the company has offices in Shanghai, Suzhou, and Hong Kong; Stuttgart in Germany; Detroit and Silicon Valley in the United States. For more information, please visit: www.robosense.ai

This is the first seven-digit fund to help creators earn from original 3D model designs.

SHENZHEN, China, Aug. 9, 2025 /PRNewswire/ — Elegoo, a rapidly developing brand in global smart manufacturing, today launches a $ 1 Million creator fund to encourage and reward outstanding original creators who share exceptional content in Nexprint. The fund will be distributed over one year to grant Nexprint creators who submit their original designs to the platform. It also includes alliance reward which is aimed for those who help invite submissions to the platform.

Each month, we will invest in a reward pool to grant $ 5 to each approved submission. There is no exclusivity capped on the design. Exceptional designs will be rewarded with an extra $ 5 each and featured for priority exposure in Nexprint. There is no restriction on the number of monthly submissions by an individual creator. For outstanding creators, we can offer long-term collaborations.

For alliance reward, creators can receive additional tiered invitation bonuses by inviting other creators to join and upload models, with a maximum of $100 per month.

The reward is granted monthly on a first-come-first-served basis with the first phase starting from August 9 to August 31. The left amount available in each month will be updated live on Nexprint.com. Starting from September, the total available reward amount will be renewed on the first day of each month.

“This fund shows our commitment to delivering the best user experience to Nexprint community by hosting a tremendous amount of 3D models accessible to everyone ” said Chris Hong, CEO at Elegoo.” We greatly value originality in this industry. Nexprint will be a perfect platform to showcase creators’ original ideas. We believe in here every design will pay off.”

Nexprint, newly launched on August 4, is an open-source community designed to connect makers worldwide by enabling seamless sharing and downloading of 3D models.

For more information on how to join and win the reward, please visit www.nexprint.com.

About Elegoo

Founded in 2015, Elegoo is a rapidly developing brand in the global smart manufacturing industry, specializing in R&D, manufacturing, and sales of consumer-grade 3D printers, laser engravers, STEM kits, and other smart technology products. Located in Shenzhen, the Silicon Valley of China, the company has sold millions of products across more than 100 countries and regions. In 2024, the company’s total sales revenue surpassed 220 million USD, with more than 1000 employees and nearly 30,000 square meters of office and manufacturing area. With a focus on programming and 3D printing technology, Elegoo provides unique and smart creation spaces for diverse consumers to enhance personalized experiences.

PR Contact:

Ryan Wang

ryanwang@elegoo.com

WICHITA, Kan., Aug. 9, 2025 /PRNewswire/ — Today, Spirit AeroSystems Holdings, Inc. (NYSE: SPR) announces a purchase agreement to sell its facility and businesses in Subang, Malaysia to Composites Technology Research Malaysia Sdn Bhd (“CTRM”) for $95,200,000, subject to customary adjustments. This transaction was entered into following the previously announced merger agreement with Boeing and subsequent definitive agreement with Airbus. The transaction is expected to close in the 4th quarter of 2025, subject to regulatory approvals and closing conditions being met.

Spirit AeroSystems’ business in Subang is a world-class engineering and manufacturing business, which occupies 45 acres with 400,000 square-feet manufacturing footprint in Subang’s Malaysian International Aerospace Centre and employs over 1,000 employees. The operation offers aerostructures assembly, and services capabilities, and an integrated supply chain with access to advantaged, in-region material sourcing, best-cost skilled labor, and scalability.

As a result of this transaction, CTRM will become an important supplier to Airbus for their A220, A320, and A350 programs, and to Boeing on the 737 and 787 programs.

“Our agreement with CTRM for the acquisition of this important manufacturing facility ensures a strong future for this business as well as the regional stakeholders in Malaysia,” said Irene Esteves, Spirit AeroSystems executive vice president and chief financial officer. “This also marks a milestone in the ongoing acquisition of Spirit by Boeing.”

On the web: www.spiritaero.com
On Twitter: @SpiritAero

About Spirit AeroSystems Inc.
Spirit AeroSystems is one of the world’s largest manufacturers of aerostructures for commercial airplanes, defense platforms, and business/regional jets. With expertise in aluminum and advanced composite manufacturing solutions, the company’s core products include fuselages, integrated wings and wing components, pylons, and nacelles. We are leveraging decades of design and manufacturing expertise to be the most innovative and reliable supplier of military aerostructures, and specialty high-temperature materials, enabling warfighters to execute complex, critical missions.  Spirit also serves the aftermarket for commercial and business/regional jets. Headquartered in Wichita, Kansas, Spirit has facilities in the U.S., U.K., France, Malaysia and Morocco. More information is available at www.spiritaero.com.

About Composites Technology Research Malaysia Sdn Bhd (“CTRM”)
Composites Technology Research Malaysia is a recognized Tier 2 advanced aerospace composite supplier specializing in the development and production of composites sub-assemblies for Tier 1 global aerospace suppliers, who in turn supply directly to leading aircraft original equipment manufacturers (“OEMs”). CTRM’s core expertise lies in developing and producing aircraft composites components, designing, developing and manufacturing composites components for aerospace as well as non-aerospace applications. CTRM also offers a range of support services such as testing laboratory facilities, composites engineering and supplier management services. 

Cautionary Statement Regarding Forward-Looking Statements

This press release contains “forward-looking statements” that involve many risks and uncertainties. Forward-looking statements reflect our current expectations or forecasts of future events. Forward-looking statements generally can be identified by the use of forward-looking terminology such as “aim,” “anticipate,” “believe,” “could,” “continue,” “designed,” “ensure,” “estimate,” “expect,” “forecast,” “goal,” “intend,” “may,” “might,” “model,” “objective,” “outlook,” “plan,” “potential,” “predict,” “project,” “seek,” “should,” “target,” “will,” “would,” and other similar words, or phrases, or the negative thereof, unless the context requires otherwise. These statements reflect management’s current views with respect to future events and are subject to risks and uncertainties, both known and unknown, including, but not limited to, those described in the “Risk Factors” sections of the Annual Report on Form 10-K for the fiscal year ended December 31, 2024 of Spirit AeroSystems Holdings, Inc. (“Spirit“), filed with the U.S. Securities and Exchange Commission (the “SEC“) on February 28, 2025 (the “2024 Form 10-K“), and subsequent Quarterly Reports on Form 10-Q. Our actual results may vary materially from those anticipated in forward-looking statements. We caution investors not to place undue reliance on any forward-looking statements. Important factors that could cause actual results to differ materially from those reflected in such forward-looking statements and that should be considered in evaluating our outlook include, but are not limited to, the following:

• our ability to continue as a going concern and satisfy our liquidity needs, the success of our liquidity enhancement plans, operational and efficiency initiatives, our ability to access the capital and credit markets (including as a result of any contractual limitations, including under the Merger Agreement (as defined below)), the outcomes of discussions related to the timing or amounts of repayment for certain customer advances, and the costs and terms of any additional financing;
• the continued fragility of the global aerospace supply chain including our dependence on our suppliers, as well as the cost and availability of raw materials and purchased components, including increases in energy, freight, and other raw material costs as a result of inflation or continued global inflationary pressures;
• our ability and our suppliers’ ability and willingness to meet stringent delivery (including quality and timeliness) standards and accommodate changes in the build rates or model mix of aircraft under existing contractual commitments, including the ability or willingness to staff appropriately or expend capital for current production volumes and anticipated production volume increases;
• our ability to maintain continuing, uninterrupted production at our manufacturing facilities and our suppliers’ facilities;
• our ability, and our suppliers’ ability, to attract and retain the skilled work force necessary for production and development in an extremely competitive market;
• the effect of economic conditions, including increases in interest rates and inflation, on the demand for our and our customers’ products and services, on the industries and markets in which we operate in the U.S. and globally, and on the global aerospace supply chain;
• the general effect of geopolitical conditions, including Russia’s invasion of Ukraine and the resultant sanctions being imposed in response to the conflict, including any trade and transport restrictions;
• the conflict in the Middle East could impact certain suppliers’ ability to continue production or make timely deliveries of supplies required to produce and timely deliver our products, and may result in sanctions being imposed in response to the conflict, including trade and transport restrictions;
• our relationships with the unions representing many of our employees, including our ability to successfully negotiate new agreements, and avoid labor disputes and work stoppages with respect to our union-represented employees;
• the impact of significant health events, such as pandemics, contagions or other public health emergencies, or fear of such events, on the demand for our and our customers’ products and services and on the industries and markets in which we operate in the U.S. and globally;
• the timing and conditions surrounding the full worldwide return to service (including receiving the remaining regulatory approvals) of the B737 MAX, future demand for the aircraft, and any residual impacts of the B737 MAX grounding on production rates for the aircraft;
• our reliance on The Boeing Company (“Boeing“) and Airbus SE and its affiliates for a significant portion of our revenues;
• the business condition and liquidity of our customers and their ability to satisfy their contractual obligations to the Company;
• the certainty of our backlog, including the ability of customers to cancel or delay orders prior to shipment on short notice, and the potential impact of regulatory approvals of existing and derivative models;
• our ability to accurately estimate and manage performance, cost, margins, and revenue under our contracts, and the potential for additional forward losses on new and maturing programs;
• our accounting estimates for revenue and costs for our contracts and potential changes to those estimates;
• our ability to continue to grow and diversify our business, execute our growth strategy, and secure replacement programs, including our ability to enter into profitable supply arrangements with additional customers;
• the outcome of product warranty or defective product claims and the impact settlement of such claims may have on our accounting assumptions;
• competitive conditions in the markets in which we operate, including in-sourcing by commercial aerospace original equipment manufacturers;
• our ability to successfully negotiate, or re-negotiate, future pricing under our supply agreements with Boeing, Airbus SE and its affiliates and other customers;
• the possibility that our cash flows may not be adequate for our additional capital needs;
• any reduction in our credit ratings;
• our ability to avoid or recover from cyber or other security attacks and other operations disruptions;
• legislative or regulatory actions, both domestic and foreign, impacting our operations, including the effect of changes in tax laws and rates and our ability to accurately calculate and estimate the effect of such changes;
• spending by the U.S. and other governments on defense;
• pension plan assumptions and future contributions;
• the effectiveness of our internal control over financial reporting;
• the outcome or impact of ongoing or future litigation, arbitration, claims, and regulatory actions or investigations, including our exposure to potential product liability and warranty claims;
• adequacy of our insurance coverage;
• our ability to continue selling certain receivables through our receivables financing programs;
• our ability to effectively integrate recent acquisitions, along with other acquisitions we pursue, and generate synergies and other cost savings therefrom, while avoiding unexpected costs, charges, expenses, and adverse changes to business relationships and business disruptions;
• the risks of doing business internationally, including fluctuations in foreign currency exchange rates, impositions of tariffs or embargoes, trade restrictions, compliance with foreign laws, and domestic and foreign government policies;
• the impact of trade disputes and changes to trade policies, including the imposition of new or increased tariffs, retaliatory tariffs or other trade restrictions; and
• risks and uncertainties relating to the proposed acquisition of Spirit by Boeing (the “Merger“) pursuant to Spirit’s agreement and plan of merger with Boeing (the “Merger Agreement“), the proposed sale of our facility and businesses in Subang, Malaysia to CTRM (the “Subang Disposition“) and the transactions contemplated by our stock and asset purchase agreement with Airbus SE (the “Airbus Business Disposition” and, together with the Merger and the Subang Disposition, the “Transactions“), including, among others, the possible inability of the parties to a Transaction to obtain the required regulatory approvals for such Transaction and to satisfy the other conditions to the closing of such Transaction on a timely basis or at all; the possible occurrence of events that may give rise to a right of one or more of the parties to the Merger Agreement, the agreement for the Airbus Business Disposition or the Subang Disposition to terminate such agreement; the risk that we are unable to consummate the Transactions on a timely basis or at all for any reason, including, without limitation, failure to obtain the required regulatory approvals or failure to satisfy other conditions to the closing of any of the Transactions; the potential for the announcement or pendency of the Transactions or any failure to consummate the Transactions to adversely affect the market price of Spirit common stock or our financial performance or business relationships; risks relating to the value of Boeing common stock to be issued in the Merger; the possibility that the anticipated benefits of the Transactions cannot be realized in full or at all or may take longer to realize than expected; the possibility that costs or difficulties related to the integration of our operations with those of Boeing will be greater than expected; risks relating to significant transaction costs; the intended or actual tax treatment of the Transactions; litigation or other legal or regulatory action relating to the Transactions or otherwise relating to us or other parties to the Transactions instituted against us or such other parties or Spirit’s or such other parties’ respective directors and officers and the effect of the outcome of any such litigation or other legal or regulatory action; risks associated with contracts containing provisions that may be triggered by the Transactions; potential difficulties in retaining and hiring key personnel or arising in connection with labor disputes during the pendency of or following the Transactions; the risk of other Transaction-related disruptions to our business, including business plans and operations; the potential for the Transactions to divert the time and attention of management from ongoing business operations; the potential for contractual restrictions under the agreements relating to the Transactions to adversely affect our ability to pursue other business opportunities or strategic transactions; and competitors’ responses to the Transactions.

These factors are not exhaustive, and it is not possible for us to predict all factors that could cause actual results to differ materially from those reflected in our forward-looking statements. These factors speak only as of the date hereof, and new factors may emerge or changes to the foregoing factors may occur that could impact our business. As with any projection or forecast, these statements are inherently susceptible to uncertainty and changes in circumstances. Except to the extent required by law, we undertake no obligation to, and expressly disclaim any obligation to, publicly update or revise any forward-looking statements, whether as a result of new information, future events, or otherwise. You should review carefully the sections captioned “Risk Factors” in the 2024 Form 10-K and Spirit’s subsequent Quarterly Reports on Form 10-Q for a more complete discussion on these and other factors that may affect our business.

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