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Alibaba International Releases the World’s First AI Agent for Global Trade

B2B Search Engine Accio surpasses 2 million users within 9 months of launch

NEW YORK, Aug. 14, 2025 /PRNewswire/ — Alibaba International today announced the next iteration in the evolution of its B2B search engine Accio, with the addition of the world’s first AI Agent for global trade. ‘Accio Agent’ has been released following Accio’s milestone of surpassing two million users. This leap marks Accio’s evolution from an AI-powered sourcing tool into a fully agentic AI platform.

Accio Agent Mode
Accio Agent Mode

According to Alibaba International’s latest survey of product-focused entrepreneurs, 40% of small and medium-sized businesses (SMEs) from around the world are now run by solo entrepreneurs who face tight constraints on time, resources and manpower. Accio Agent tackles this challenge by compressing tasks which typically require days of cross-team collaboration into workflows completed in minutes.

Redefining Global Trade Workflow

Accio Agent revolutionizes international commerce by automating 70% of traditionally manual workflows, compressing fragmented processes including  product ideation, prototyping, compliance checks and supplier sourcing into a seamless, AI-powered cycle.

Here’s how it works: Users start by inputting a product concept. The system instantly generates a tailored development plan, complete with market insights, regulatory guidelines and design specifications. With a single approval from the user, Accio Agent takes over conducting real-time supplier vetting, bulk RFQs and comparative analyses, and delivers a finalized, production-ready roadmap. One final click sends inquiries directly to pre-vetted global sellers listed on Alibaba’s b2b e-marketplace Alibaba.com, enabling b2b buyers to quickly decide on the right choice of supplier for them.

By slashing weeks of research and sourcing coordination into minutes, Accio Agent empowers SMEs and solo entrepreneurs to outpace traditional teams, turning fragmented workflows into a unified sprint from concept to global supply chain.

When AI Meets Industry Depth

Trained on 1 billion product listings and 50 million supplier profiles, Accio Agent revolutionizes global trade with AI that merges deep industry insights and strategic reasoning.

Unlike general AI agents, Accio Agent leverages advanced language models to evaluate customer feedback and supplier performance, uncovering hidden strengths like specialized customization capabilities. It also emulates expert procurement logic, assessing technical needs, risks and business objectives to balance critical trade-offs such as quality versus cost or innovation versus compliance.

Kuo Zhang, Vice President of Alibaba International, shared: “Accio Agent is a highly practical tool which solves a multitude of problems for businesses sourcing globally. It’s an AI agent designed to help you do business. It can handle multiple tasks simultaneously, operating like a team of dedicated professionals – sourcing agents, product developers, engineers, and market researchers – all working together to grow your business.”

AI in the e-commerce market is valued at USD 7.68 billion in 2025 and is expected reach USD 37.69 billion by 2032, exhibiting a compound annual growth rate (CAGR) of 25.5% from 2025 to 2032, according to Coherent research. Global trade hit a record $33 trillion in 2024, according to UN Trade and Development (UNCTAD).

Accio’s evolution into Agent AI underscores Alibaba International’s commitment to redefining global trade through innovation. By automating complex workflows and delivering actionable insights, Accio enables businesses to navigate international b2b sourcing with newfound confidence and agility.

Accio Agent is now available at Accio.com by switching to “Agent Mode”.

About Alibaba International

Alibaba International Digital Commerce Group (Alibaba International) is dedicated to supporting the development of global digital trade with AI-powered technology. It operates various platforms with distinctive business models, covering multiple countries and regions around the world.

SiegPath Revolutionises Proprietary Trading with Progressive Web App (PWA) Launch and 10K Flash Challenge

HONG KONG, Aug. 14, 2025 /PRNewswire/ — SiegPath, a global leader in fintech and proprietary trading evaluation services, has unveiled two major initiatives aimed to enhance accessibility and performance in financial markets. The launch of its cutting-edge Progressive Web App (PWA) platform, alongside the debut of the innovative “10K Flash Challenge,” equips traders worldwide with scalable, high-performance, and future-ready trading solutions. These initiatives mark the first phase of SiegPath’s strategic expansion following its recent rebranding, paving the way for global expansion.

Next-Generation Accessibility with SiegPath PWA

The newly launched SiegPath PWA removes traditional barriers in proprietary trading by offering a no-download, full-featured platform accessible across any device or operating system. Optimised for speed and convenience, the PWA delivers a seamless, high-performance trading experience to traders worldwide.

Key features include:

  • Comprehensive Client Portal: A centralised hub for efficient management of all trading activities.
  • TradingView Integration: Direct access to advanced charting tools and in‑depth market analytics.
  • Low Data Consumption: Optimised for emerging markets, ensuring smooth performance even in areas with limited internet infrastructure.
  • Built with a lightweight, sustainable architecture, the PWA aligns with SiegPath’s commitment to ESG (Environmental, Social, and Governance) principles, promoting responsible financial innovation.

“SiegPath’s PWA delivers an app-like experience without downloads, offering a fast, intuitive, and user-friendly interface,” said Antti Zhang, Client Experience Director of SiegPath. “This platform is designed to support traders of all levels, helping them focus on mastering their strategies.”

Proprietary Trading 3.0: The 10K Flash Challenge

SiegPath has also introduced the “10K Flash Challenge,” a fast-track certification programme that evaluates and rewards traders in a single high-intensity session.

This initiative allows traders to earn certification and receive payouts in just one day, offering a streamlined pathway to professional recognition and financial success. By lowering entry barriers, the programme accelerates the transition from independent trader to institutional-level professional.

“The 10K Flash Challenge addresses a critical market need,” explained Timothy Tsang, Product Development Director of SiegPath. “Hedge funds are looking for traders who can perform under pressure, and this programme offers a fair and efficient way to identify exceptional talent.”

Driving the Future of Proprietary Trading

With over 65,000 users worldwide, SiegPath continues to shape the evolution of proprietary trading through advanced AI-powered analytics and a rigorous evaluation framework that identifies and nurtures top trading talent.

Key achievements include:

  • Certified traders manage over $35 million in assets.
  • Strategic partnerships with more than ten financial institutions and private equity funds.
  • The exclusive SiegCertified™ status, granting qualified traders access to substantial capital and tailored scaling opportunities.

Future Developments: Expanding Opportunities

Looking ahead, SiegPath plans to roll out additional services, incentives, and products to reinforce its leadership in the fintech space. Its PWA will play a crucial role in this expansion, offering clients greater access to cutting-edge technology and innovative reward programmes.

“By focusing on the evolving needs of our global client base, SiegPath will continue to launch solutions and programmes that align with our vision of responsible, scalable, and accessible financial innovation,” a company spokesperson added.

About SiegPath

 With years of expertise in financial IT services, SiegPath has observed a critical gap in the proprietary trading industry. Leading firms—such as Jane Street, Citadel Securities, and IMC Trading—continue to rely heavily on traditional recruitment methods like academic referrals and offline hiring processes. These approaches are often slow, inefficient, and plagued by high attrition rates. Yet, many proven traders have already demonstrated exceptional and consistent performance through online platforms.

To close this gap, SiegPath developed the SiegEvaluation™ system—a fully digital, data-driven solution designed to identify and assess high-potential trading talent with precision. Like established proprietary firms, we leverage traders’ strategies to exploit market opportunities and generate alpha. What sets us apart is our ability to redefine talent discovery—bringing it into the digital era and establishing a new industry benchmark.

For more information, please visit www.siegpath.com.

For media inquiries, please contact: kelly@SiegPath.com

Matrixport and the HKUST Institute for Finance Research Forge Strategic Partnership to Drive RWA Tokenisation

SINGAPORE, Aug. 14, 2025 /PRNewswire/ — Matrixport, the world’s leading all-in-one hub for crypto financial services, has signed a Memorandum of Understanding (MoU) with the Hong Kong University of Science and Technology (HKUST) Institute for Finance Research, marking the beginning of a strategic partnership. The collaboration will focus on cutting-edge research in digital assets and real-world asset (RWA) tokenisation, tackling real-world challenges and promoting the sustainable development of the fintech ecosystems in both Hong Kong and globally.


The partnership will centre its research on XAUm — a physical gold-backed token issued by Matrixdock, Matrixport’s dedicated RWA tokenisation platform. The two institutions will jointly investigate the global adoption and distribution of tokenised gold products, with a focus on user behaviour, market access mechanisms, and channel strategies. By examining the role of gold-based RWA assets in portfolio construction, macroeconomic hedging, and financial system resilience, the research aims to provide academic support and practical insights for innovative integration between digital assets and traditional financial markets.

In parallel, the collaboration will advance research into on-chain RWA data analytics and visualisation. By examining on-chain asset flows, transaction architectures, and decentralised lending behaviours, the study aims to uncover structural dynamics between blockchain-based and traditional financial systems. Leveraging the technological strengths of the HKUST Institute for Financial Research, the collaboration will focus on research into intelligent monitoring systems, optimizing market dynamics tracking models, and innovating risk modeling frameworks, enabling institutional investors to more efficiently grasp the operational patterns of the digital asset market and enhance their risk management strategies.

John Ge, CEO of Matrixport, stated, “RWA tokenisation, as an emerging bridge between traditional finance and Web3, offers a technological solution to two fundamental challenges—asset transparency and liquidity. In the context of Hong Kong’s continued efforts to build a robust, compliant fintech ecosystem, the strategic partnership between Matrixport and HKUST Institute for Finance Research represents more than just a convergence of expertise and technology. It reflects a deeper integration of industry, academia, and research, working in tandem to shape the future of tokenised finance. This collaboration aims to establish a new benchmark for the RWA sector and inject fresh momentum into the ongoing innovation of Hong Kong as a financial hub.”

Bo Tang, Head of HKUST Institute for Financial Research, said, “Asset tokenization is redefining the way traditional financial markets operate. This collaboration will leverage the academic strengths of HKUST Institute for Financial Research and Matrixport’s industry expertise in the digital asset space to explore how blockchain technology can enhance asset liquidity, transparency, and accessibility. Through in-depth collaboration between academia and industry, we aim to produce research outcomes that combine academic rigor with practical guidance, contributing to the development of the RWA market and helping to build a more open and inclusive digital financial ecosystem.”

Matrixport is an early player in the RWA tokenisation space. Through its dedicated platform Matrixdock, it was the first in Asia to launch a tokenised US Treasury product — STBT, and subsequently introduced XAUm, a physical gold-backed token, in late 2024. XAUm has since risen to become one of the top three gold tokens by on-chain adoption globally. As research collaboration with HKUST Institute for Finance Research progresses, XAUm — the foundation of this joint study — is poised to become a benchmark for tokenised gold products and a reference model for the broader tokenisation of precious metals.

About Matrixport

Founded in 2019, Matrixport is the world’s leading all-in-one hub for crypto financial services. The platform is committed to providing every user with a personalized Super Account that integrates crypto trading, investment, loan, custody, RWA, research and more. With $6 billion in AUM (assets under management), Matrixport offers global users diverse crypto-financial solutions designed for optimal capital efficiency and sustainable returns.

As a Group and through its local subsidiaries, Matrixport has received the Trust or Company Service Provider / Money Lender Licenses in Hong Kong, and the FINMA Asset Management License in Switzerland. The company operates as an Appointed Representative in the UK, is registered as an MSB in the US, and is a member of Switzerland’s FINMA SRO-VFQ. Additionally, Matrixport’s subsidiary, Fly Wing, has received the MPI License from MAS in Singapore. It was also recognized by CB Insights as one of the “50 Most Promising Blockchain Companies”, featured in the Hurun “2024 Global Unicorn List” and recognised as a Fintech Unicorn in Singapore in 2025.

Matrixdock is a premier platform under Matrixport Group that offers access to high-quality Real World Assets (RWA) through advanced tokenization technology. As the first in Asia to introduce a tokenized short-term treasury bill product, STBT, Matrixdock earned the Ecosystem Excellence TADS Award in 2023 for Trading & Liquidity Solutions. In 2024, Matrixdock launched XAUm, a tokenized gold asset fully backed by 99.99% purity gold, providing investors with a trusted and transparent digital asset linked to LBMA-accredited gold.

Matrixport official website: https://www.matrixport.com 

About HKUST  Institute for Finance Research

The institute’s mission is to address critical social and economic issues of our time by combining and leveraging knowledge and resources across different intellectual disciplines and fields, as well as from different schools and universities.

By collaborating with colleagues in finance, economics, and other disciplines, as well as industry practitioners and policymakers in Hong Kong, mainland China, Europe and the US, we aim to create an interdisciplinary, international platform that a) fosters communication and corporation across different stakeholders; b) promotes cutting-edge research that tackles practical issues; c) informs industry practitioners and policymakers for better decision making.

Our proposed research activities and programs will focus on tackling some of the most important challenges and opportunities in Hong Kong today. The institute has four main research themes: a) Technological Innovations; b) Environmental and Social Responsibility; c) Wealth Management; d) Macro-finance and Geo-economics.

Media Contact

Contact Person: Ivy Chen
Email: pr@matrixport.com    
Website: http://www.matrixport.com

Bybit EU Taps XION for Inaugural Launchpool in the EU, Opening Regulated Access for 450M+ Users

  • First-ever Launchpool on Bybit’s EU newly MiCAR-licensed EU exchange, going live on 14th August 2025.
  • The partnership connects XION’s consumer-first Layer-1 to Bybit EU users across 29 EEA markets.
  • Builds on XION’s MiCA-aligned compliance leadership and prior Bybit Global Launchpool debut.

VIENNA, Aug. 14, 2025 /PRNewswire/ — XION, the consumer-first Layer-1 blockchain, today announced it will be the first ever Launchpool project on Bybit’s EU exchange. The partnership follows Bybit’s receipt of its MiCAR license in May 2025 and the rollout of Bybit.eu, enabling verified EEA users to onboard to a fully compliant platform, where they can get yield approved assets to earn XION.

Bybit EU Taps XION for Inaugural Launchpool in the EU, Opening Regulated Access for 450M+ Users
Bybit EU Taps XION for Inaugural Launchpool in the EU, Opening Regulated Access for 450M+ Users

The Launchpool will feature a total pool size of 100,000 XION, distributed as follows:

  • 50,000 XION to XION stakers (estimated APR: 60%)
  • 30,000 XION to MNT stakers (estimated APR: 36%)
  • 20,000 XION to USDC stakers (estimated APR: 24%)

As one of the few Layer-1 projects backed by Circle Ventures, XION has seen strong traction in bringing blockchain-based experiences to everyday users, with over 100+ global brands leveraging its platform. XION has been steadily growing its European presence, as it became the first Layer-1 blockchain to publish a MiCA Title II whitepaper, integrated natively with Paris-based Ledger in June, listed on Bitvavo earlier this summer, and is already working with leading European brands on blockchain-powered consumer experiences.

Similarly, one of Bybit’s main focuses in 2025 is its European expansion. Being the inaugural Launchpool partner on Bybit EU MiCAR-compliant EU platform, XION will have access to a growing regulated European audience.

“Being the very first Launchpool on Bybit EU is a major signal of XION’s deep partnership with Bybit and our shared focus on expanding compliantly in the European markets,” said Anthony Anzalone, Founder of XION.  “Europe is now the proving ground for regulated digital assets, and together with Bybit EU we’re setting a precedent for how mainstream audiences can discover and engage with blockchain technology in a safe, intuitive way.”

“Recently securing our MiCAR license in Austria represents our commitment and major focus in 2025 to bring compliant, innovative crypto services to European users. Today’s launch with XION, a blockchain focused on mainstream adoption of crypto, demonstrates how regulation can accelerate rather than hinder innovation, and perfectly aligns with our European expansion strategy.” – Mazurka Zheng, CEO of Bybit EU.

The collaboration also builds on XION’s earlier relationship with Bybit, where the company featured on Bybit Global’s Launchpool during its TGE. The renewed partnership underscores the two companies’ shared commitment to making blockchain accessible to everyday users.

About XION

XION is the first walletless L1 blockchain purpose-built for consumer adoption. Utilizing protocol-level implementations related to abstracted accounts, signatures, fees, interoperability, and more, XION empowers developers to build secure, intuitive, and seamless user experiences. By removing common Web3 friction points, XION accelerates the mainstream adoption of Web3 by making blockchain technology more accessible to users and developers.

Website | Blog | Discord | Telegram | LinkedIn | X 

Disclaimer: This press release is for informational purposes only and does not constitute financial advice or an offer to invest. No competent authority in the European Union has reviewed or approved this marketing communication. The offeror, person seeking trading admission, or trading platform operator is solely responsible for its content.

About Bybit EU

Bybit EU GmbH is the newly established European entity, dedicated to serving clients across the European Economic Area (EEA”*” except Malta) via the Bybit.eu platform. Operated by Bybit EU GmbH, a licensed Crypto-Asset Service Provider (CASP) under the Markets in Crypto-Assets Regulation (MiCA), Bybit EU delivers fully regulated services, including crypto custody, exchange, and rewards products and more,  in full compliance with European regulations for investor protection and market integrity.

Bybit EU GmbH is a licensed Crypto-Asset-Service Provider under the Markets in Crypto Assets Regulation (MiCA), authorized to offer the following services to residents of the European Economic Area (except Malta):

  • providing custody and administration of crypto-assets on behalf of clients;
  • exchange of crypto-assets for funds;
  • exchange of crypto-assets for other crypto-assets;
  • placing of crypto-assets; and
  • providing transfer services for crypto-assets on behalf of clients.

Bybit EU GmbH is neither the operator of a trading platform for crypto-assets nor provides investment advice.

Media Contact: press@bybit.com

www.bybit.eu 

Disclaimer: Disclaimer: This press release is provided for informational purposes only and does not constitute investment advice or an offer to buy or sell digital assets. The products and services mentioned herein are subject to applicable laws and regulations in the relevant jurisdictions and may not be available in certain regions. As a centralized exchange, Bybit EU may offer certain products, including staking, that operate on an off-chain basis, where user assets are held by Bybit EU and rewards are calculated and distributed internally without recording transactions on the blockchain. Past performance is not indicative of future results. Users should carefully assess all risks before participating in any digital asset-related activity.

Stone in Yunfu: carving timeless beauty through centuries of craftsmanship

GUANGZHOU, China, Aug. 14, 2025 /PRNewswire/ — News report from GDToday.

Yunfu, a city in Guangdong Province known as the “Capital of Stone in China,” shines as a radiant pearl in the Lingnan region. Every piece of stone here bears the mark of time. With a legacy spanning over four centuries, Yunfu fuses the raw artistry of nature with the brilliance of human craftsmanship, creating a stone culture that has captivated the world.

Yunfu is home to a diverse collection of stone, resembling nature’s grand palette and showcasing the “essence of global geological evolution”. It boasts over a thousand varieties of stone, including marble, granite, and limestone, alongside internationally renowned stones such as Blue Jade from Africa, Crystal from Italy, Snow Mountain Blue, Pandora, Golden Peacock, and Crystal Blue from Brazil. As “China’s Stone Circulation Demonstration Base” and “China’s Capital of Artificial Stone,” Yunfu hosts the annual International Stone Materials Science and Tech Fair and Stone Culture Week, drawing merchants from around the globe and living up to its promise of “global sourcing and global sales.”

Yunfu hosts China’s largest stone industry cluster, with over 4,000 enterprises stretching along the famed “Hundred-Mile Stone Materials Corridor” and 200,000 skilled professionals driving innovation. The simultaneous advancement of eco-friendly production and digital transformation has infused traditional industries with green vitality in the modern era.

Today, Yunfu connects with the world through stone. From monumental architectural visions to elegant touches in home design, the stone in Yunfu, carved with centuries of craftsmanship and infused with the spirit of nature, continues to create timeless masterpieces for the global stage.

Tips:

The 22nd Yunfu International Stone Materials Sci-Tech Fair and the 16th Yunfu Stone Cultural Week will be held from October 18 to 21, 2025, at Hall A of the Yunfu International Stone Materials Expo Center at Hekou Subdistrict, Yuncheng District, Yunfu City.

This year, the event will feature stone pavilions of fine stone products showcased by stone enterprises. We sincerely invite fellow professionals, designers, and distinguished guests from around the world in the stone industry to participate as exhibitors or visitors.

Contact: Wu Dandan
Phone: +86 139 2719 8250

Scan the QR codes to discover more about Yunfu’s stone industry.



WeChat Official Account of Yunfu Stone Industry Association
WeChat Official Account of Yunfu Stone Industry Association

WeChat Video Channel of Yunfu Stone Industry Association
WeChat Video Channel of Yunfu Stone Industry Association

Yiren Digital to Report Second Quarter 2025 Financial Results on August 21, 2025

BEIJING, Aug. 14, 2025 /PRNewswire/ — Yiren Digital Ltd. (NYSE: YRD) (“Yiren Digital”), an AI-powered platform providing a comprehensive suite of financial services in Asia, announced that it plans to release its unaudited financial results for the second quarter ended June 30, 2025 before U.S. market opens on Thursday, August 21, 2025.

Yiren Digital’s management will host an earnings conference call at 8:00 a.m. U.S. Eastern Time on August 21, 2025 (or 8:00 p.m. Beijing/Hong Kong Time on August 21, 2025).

Participants who wish to join the call should register online in advance of the conference at: https://dpregister.com/sreg/10202094/ffb82a2282

Once registration is completed, participants will receive the dial-in details for the conference call.

Additionally, a live and archived webcast of the conference call will be available at https://event.choruscall.com/mediaframe/webcast.html?webcastid=NNUZyFMv

About Yiren Digital

Yiren Digital Ltd. is an advanced, AI-powered platform providing a comprehensive suite of financial services in Asia. Our mission is to elevate customers’ financial well-being and enhance their quality of life by delivering digital financial services and tailor-made insurance solutions. We support clients at various growth stages, addressing financing needs arising from consumption and production activities, while aiming to augment the overall well-being and financial security of individuals, families, and businesses.

Baozun to Announce Second Quarter 2025 Unaudited Financial Results on August 28, 2025

SHANGHAI, Aug. 14, 2025 /PRNewswire/ — Baozun Inc. (Nasdaq: BZUN and HKEX: 9991) (“Baozun”, the “Company” or the “Group”), a leading brand e-commerce solution provider and digital commerce enabler in China, today announced that it will release its unaudited financial results for the second quarter and the six months ended June 30, 2025 on Thursday, August 28, 2025, before the open of U.S. markets.

The Company will host a conference call to discuss the earnings at 7:30 a.m. Eastern Time on Thursday, August 28, 2025 (7:30 p.m. Beijing time on the same day).

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

United States: 

1-888-317-6003

Hong Kong:

800-963-976

Singapore: 

800-120-5863

Mainland China: 

4001-206-115

International:

1-412-317-6061

Passcode: 

7947054

A replay of the conference call may be accessible through September 4, 2025 by dialing the following numbers:

United States: 

1-877-344-7529

International:

1-412-317-0088

Canada:

855-669-9658

Replay Access Code:

3755054

A live webcast of the conference call will be available on the Investor Relations section of Baozun’s website at http://ir.baozun.com. An archived webcast will be available through the same link following the call.

Safe Harbor Statements

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident,” “potential,” “continues,” “ongoing,” “targets,” “guidance,” “going forward,” “looking forward,” “outlook” or other similar expressions. Statements that are not historical facts, including but not limited to statements about Baozun’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to Baozun’s filings with the United States Securities and Exchange Commission and its announcements, notices or other documents published on the website of The Stock Exchange of Hong Kong Limited. All information provided in this press release is as of the date hereof and is based on assumptions that Baozun believes to be reasonable as of this date, and Baozun undertakes no obligation to update such information, except as required under applicable law.

About Baozun Inc.

Founded in 2007, Baozun Inc. is a leader in brand e-commerce service, brand management, and digital commerce service. It serves more than 490 brands from various industries and sectors around the world, including East and Southeast Asia, Europe and North America.

Baozun Inc. comprises three major business lines — Baozun e-Commerce (BEC), Baozun Brand Management (BBM) and Baozun International (BZI) and is committed to accelerating high-quality and sustainable growth. Driven by the principle that “Technology Empowers the Future Success”, Baozun’s business lines are devoted to empowering their clients’ business and navigating their new phase of development.

For more information, please visit http://ir.baozun.com.

For investor and media inquiries, please contact:

Baozun Inc.
Ms. Wendy Sun
Email: ir@baozun.com

Tungray Technologies Appoints Henry Guo as Chief Financial Officer

SINGAPORE, Aug. 14, 2025 /PRNewswire/ — Tungray Technologies Inc (Nasdaq: TRSG, “Tungray” or the “Company”), a global Engineer-to-Order (ETO) company, today announced the appointment of Mr. Qi (Henry) Guo as Chief Financial Officer, effective immediately. Mr. Guo succeeds Ms. Nina Hangyu Qian, who will continue to serve the Company as Senior Director of Finance.

Mr. Guo brings to Tungray more than 20 years of corporate finance, investment banking, equity research, and investment management experience, along with a decade of technical expertise in Silicon Valley’s high-tech industry. Before joining Tungray, he serves as Head of Capital Markets at AIME Capital Markets, LLC, a boutique investment banking firm. Previously, he was Vice President and Executive Director at US Tiger Securities, Inc., focusing on a variety of equity capital market transactions, and earlier served as Senior Research Analyst for M Science LLC, covering the fintech company’s analytic portfolios for Asia Pacific and China internet sectors.

Before entering the financial industry, Mr. Guo spent over nine years at Intel Corporation in product development leadership. He holds an M.B.A. from the University of California, Berkeley, an M.S. in Electrical Engineering from Santa Clara University, and a B.S. in Engineering from Harbin Institute of Technology, China. Mr. Guo is a Chartered Financial Analyst (CFA) and holds Series 7, 24, and 63 licenses from the U.S. Financial Industry Regulatory Authority (FINRA).

“We are excited to welcome Henry to Tungray’s leadership team,” said Mr. Wanjun Yao, Chief Executive Officer of Tungray Technologies. “Henry’s extensive experience in capital markets, corporate strategy, and technology-driven businesses will strengthen our financial management and support our long-term growth initiatives. We also thank Nina for her many contributions as CFO and look forward to her continued impact in her new role.”

About Tungray Technologies Inc

Tungray Technologies Inc is an Engineer-to-Order (ETO) company that provides customized industrial manufacturing solutions to original equipment manufacturers (OEMs) in the semiconductors, printers, electronics, and home appliances industries. With research, development and manufacturing bases in Singapore and China, Tungray designs, develops, and delivers a wide range of industrial products ranging from customized manufacturing machineries, direct drive and linear direct current motors, to induction welding equipment. As an ETO company with more than two decades of experience, Tungray takes pride in its ability to deliver quality customized industrial solutions that fulfil its customers’ unique needs and specifications. For more information, visit the Company’s website at http://tungray.com/.

For more information, please contact:

Investor Relations:
Bill Zima
Email: tungray@icrinc.com