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SK bioscience Submits IND for Phase 1/2 Clinical Trial of Adjuvanted Influenza Vaccine Candidate

  • Company aims for technology advancement and platform expansion with Korea’s first influenza vaccine using an adjuvant
  • Interim results from the Phase 1/2 trial expected by 2027, aimed at entering the high-immunogenicity vaccine market
  • “Our SKYCellflu platform with our adjuvanted vaccine experience will lay a strong foundation for future success.”

SEONGNAM, South Korea, July 17, 2025 /PRNewswire/ — SK bioscience, a global innovative vaccine and biotech company committed to promoting human health from prevention to cure, today announced that the company has submitted an Investigational New Drug (IND) application to the Ministry of Food and Drug Safety (MFDS) for a Phase 1/2 clinical trials of a new influenza vaccine candidate, ‘NBP607B’. The candidate incorporates an adjuvant into its existing cell-based influenza vaccine, ‘SKYCellflu’ to enhance protective efficacy.

SK bioscience previously utilized adjuvants in its COVID-19 vaccine, ‘SKYCovione’, and now seeks to expand this technology to influenza vaccines as part of its broader platform strategy.

NBP607B contains an adjuvant developed by the Vaccine Formulation Institute (VFI), a Swiss-based non-profit vaccine research organization. Comprising multiple immune-boosting components, the adjuvant is expected to induce strong immune responses and antibody production in elderly individuals. SK bioscience has proactively conducted non-clinical studies since 2023 and reported promising results.

The Phase 1/2 clinical trial is scheduled to begin during the upcoming Northern Hemisphere flu season, enrolling approximately 320 older adults in Korea and abroad. The study will evaluate the vaccine’s immunogenicity and safety compared to an approved high-immunogenicity flu vaccine, with interim results expected by 2027.

This marks the first attempt by a Korean company to submit an IND to develop a high-immunogenicity influenza vaccine using an adjuvant. If successful, the company plans to leverage the platform for other vaccines and establish a competitive edge in the global high-value vaccine market.

The development aligns with global health authorities’ increasing recommendations for enhanced flu vaccines in high-risk groups.

The U.S. Centers for Disease Control and Prevention (CDC)’s Advisory Committee on Immunization Practices (ACIP) recommends high-dose or adjuvanted influenza vaccines for adults aged 65 and older. The World Health Organization (WHO) also supports the use of adjuvanted vaccines for vulnerable populations. In Korea, the Korea Disease Control and Prevention Agency (KDCA) has indicated that domestically developed high-immunogenicity vaccines may be considered for inclusion in the National Immunization Program (NIP) if they meet appropriate criteria.

According to market research firm Mordor Intelligence, the global vaccine market is projected to grow from USD 83.9 billion in 2025 to USD 114.8 billion in 2030, with an average annual growth rate of 6.5%. Demand for high-immunogenicity vaccines is expected to rise continuously due to global aging and the increasing number of immunocompromised individuals and those with chronic illnesses.

SKYCellflu, SK bioscience’s existing cell-based influenza vaccine, has already been recognized for its innovation. It became the world’s first cell-based flu vaccine to receive prequalification (PQ) from the WHO and is currently approved in 11 countries, with supply through international procurement programs by United Nations Children’s Fund (UNICEF) and Pan American Health Organization (PAHO).

Jaeyong Ahn, CEO of SK bioscience, said, “We believe the combination of our proven SKYCellflu platform and our experience in adjuvanted vaccine development positions us well for success. We aim to establish a differentiated presence in the high-immunogenicity vaccine market while building a flexible platform for future infectious disease preparedness.”

 

Cango Inc. Announces Results of Second Extraordinary General Meeting

HONG KONG, July 17, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”) today announced that all resolutions presented to shareholders at its extraordinary general meeting held on July 17, 2025 (the “Second Extraordinary General Meeting”) were duly passed. Each was approved by no less than 99.3% of the total votes cast, and no less than 81% of the votes cast by non-affiliate shareholders of the Company were in favor of each of the resolutions.

The approved resolutions authorize significant actions, including the execution and performance of a Securities Purchase Agreement (SPA) dated June 2, 2025, for the secondary sale of 10 million Class B ordinary shares by co-founders Mr. Xiaojun Zhang and Mr. Jiayuan Lin to Enduring Wealth Capital Limited for US$70 million. This includes the repurchase of automatically converted Class A ordinary shares and the issuance of an equivalent number of Class B ordinary shares. Additionally, shareholders approved an increase in the Company’s authorized share capital to support future financing and corporate needs, as well as the adoption of the Fourth Amended and Restated Memorandum and Articles of Association to reflect the updated share capital structure.

The Company expects to file the Fourth Amended and Restated Memorandum and Articles of Association with the Cayman Islands Registrar promptly following the Second Extraordinary General Meeting. Closing of the Secondary Sale is expected on or around July 22, 2025, subject to customary closing conditions. While all relevant parties are actively coordinating on the closing of the Secondary Sale, there can be no assurance that these conditions will be satisfied or that the Secondary Sale will be completed on or before the expected closing date—or at all.

The full text of each resolution was included in the notice of the Second Extraordinary General Meeting, which was furnished to the Securities and Exchange Commission (the “SEC”) on Form 6-K on June 16, 2025. The full text of each resolution is also available on the Company’s website: ir.cangoonline.com.

About Cango Inc.

Cango Inc. (NYSE: CANG) is primarily engaged in the Bitcoin mining business, with operations strategically deployed across North America, the Middle East, South America, and East Africa. The Company entered the crypto asset space in November 2024, driven by advancements in blockchain technology, the growing adoption of digital assets, and its commitment to diversifying its business portfolio. In parallel, Cango continues to operate an online international used car export business through AutoCango.com, making it easier for global customers to access high-quality vehicle inventory from China. For more information, please visit: www.cangoonline.com.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates” and similar statements. Cango may also make written or oral forward-looking statements in its periodic reports to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about Cango’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 the following: the completion, amendment or reversal of any transactions entered into, proposed or considered by Cango; Cango’s goal and strategies; Cango’s expansion plans; Cango’s future business development, financial condition and results of operations; Cango’s expectations regarding demand for, and market acceptance of, its solutions and services; Cango’s expectations regarding keeping and strengthening its relationships with dealers, financial institutions, car buyers and other platform participants; general economic and business conditions; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in Cango’s filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and Cango does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Investor Relations Contact
Yihe Liu
Cango Inc.
Tel: +86 21 3183 5088 ext.5581
Email: ir@cangoonline.com 

 

Union Bancaire Privée’s client assets rose by more than 11% to CHF 171.7 billion in the first half of 2025

  • UBP’s client assets amounted to CHF 171.7 billion at the end of June 2025, an increase of CHF 17.3 billion or 11.2% compared with the end of December 2024.
  • The Bank’s total income rose by 9.7% compared to the first half of 2024.
  • Group profit in the six months to end of June 2025 was CHF 120.7 million.

GENEVA, July 17, 2025 /PRNewswire/ — UBP’s client assets totalled CHF 171.7 billion at end of June 2025, compared to CHF 154.4 billion at the end of 2024, representing an increase of 11.2% or CHF 17.3 billion. This growth was driven mainly by the integrations of Societe Generale Private Banking (Suisse) SA and SG Kleinwort Hambros in the first half of 2025. In addition, CHF 4.7 billion of this increase was due to the performance of assets and funds in a positive market environment. These factors offset negative currency effects, mainly caused by the US dollar’s rapid decline against the Swiss franc, which had a CHF 13.2 billion negative impact on client assets. In USD terms, client assets rose by 26.6% to USD 215.7 billion, up from USD 170.4 billion at the end of 2024.

Total income amounted to CHF 736.0 million in the first half of 2025, an increase of 9.7% compared with the same period in the prior year (CHF 670.6 million). This solid momentum was driven by the increase in client assets following recent acquisitions, leading to a 9.1% increase in net result from interest operations (CHF 265.2 million). Fees and commissions rose by 9.2% to CHF 404.2 million, reflecting high levels of transactions among private clients.

Total operating expenses rose by 16.0%, mainly because of non-recurring expenses related to the two acquisitions in Switzerland and the United Kingdom. Personnel expenses were up 13.1%, due to the recruitment of new relationship managers in Asia in late 2024, efforts to strengthen teams in the Compliance and Risk Management departments, and the effect of the ongoing integrations. This demonstrates the Group’s commitment to continuing its international development while adhering to the strictest global compliance and regulatory standards.

In the first half of 2025, Group profit was CHF 120.7 million compared to CHF 138.1 million in the period the year earlier. Total equity remained stable at CHF 2,768.6 million. The liquidity coverage ratio (LCR) was 294.6% and the Tier 1 capital ratio was 21.3%, both remaining well in excess of regulatory requirements. These indicators demonstrate the Bank’s ability to maintain a high level of equity and a robust balance sheet after two major transactions.

“In the first-half period, we completed the acquisition of Societe Generale’s private banking activities in Switzerland and the United Kingdom, and the positive effects will materialise after the two entities have been fully integrated. Those transactions form part of our Group’s growth strategy, aimed at expanding the products and services we offer to private and institutional clients, whilst also strengthening our presence in priority markets. They also enabled us to post solid results in the context of a weak dollar, falling interest rates and greater market volatility,” said Guy de Picciotto, UBP’s CEO.

About Union Bancaire Privée (UBP)

Headquartered in Geneva and with more than 30 offices worldwide, UBP is one of the world’s largest family-owned private banks, focused exclusively on wealth and asset management for private and institutional clients. UBP manages CHF 171.7 billion in client assets (all figures as at 30 June 2025).

www.ubp.com

Haier TV Has Been Awarded the EU Accessibility Act Certificate by DEKRA — Marking the First Certificate of its Kind in the TV Industry

QINGDAO, China, July 17, 2025 /PRNewswire/ — Haier, a world’s leading household appliances brand, announced that it has obtained the TV industry’s first European Accessibility Act (EAA) certificate for its LED TVs. This prestigious certification, awarded to Haier following a rigorous evaluation by DEKRA, encompasses a wide range of Haier’s smart LED TV products, including Mini-LED, OLED, and QLED TVs.

Haier LED TV has been awarded the EU Accessibility Act Certificate by DEKRA
Haier LED TV has been awarded the EU Accessibility Act Certificate by DEKRA

 

Haier TV 2025 Products Lineup
Haier TV 2025 Products Lineup

 

Verification of Conformity
Verification of Conformity

In Europe, “accessibility” is no longer merely an extension of social responsibility, but a legal requirement for product design. Under the European Accessibility Act (EAA) (EU) 2019/882, from 2025 onward, ICT products and services entering the EU market must meet specific accessibility requirements to ensure that elderly users and those with visual, hearing, or other impairments can access technology equally, safely, and without barriers.

The certificate confirms that the Haier TV products meet EAA accessibility technical standards for audiovisual products across multiple critical dimensions, including visual display, subtitles, audio output, menu navigation, and remote-control usability. This means users with hearing impairments can “see” sound through captions, and those with visual impairments can “hear” what’s on screen. Haier TV bridges sensory barriers and delivers a more inclusive viewing experience.

“This certificate is a testament to Haier TV’s enduring dedication to making technology accessible to everyone,” said Junguang Liu, Vice President of Haier Smart Home and General Manager of Audio-Visual BU. “We will keep pushing the boundaries to discover new ways in which technology can deliver greater equality, inclusivity, and happiness to every household.”

DEKRA, as the independent third-party testing, inspection, and certification organization, conducted the evaluation based on EAADIRECTIVE 2019/882/EU, EN 301549 V3.2.1, and Draft EN 301 549 V4.1.1c (2025-05) V.0.0.15, enabling companies to identify compliance paths and validate design implementations, ensuring that accessibility requirements are translated from regulation into reality.

From millisecond-level voice command responses to adaptive subtitle rendering, from precise spatial audio positioning to a streamlined user interface — every technical detail embodies Haier TV’s commitment to equal access. This certificate reflects Haier TV’s dedication to user-centered innovation, driven by world-class R&D. As a global benchmark, Haier TV continues to advance technology for accessibility and inclusivity.

Taiwan’s Premier Music Festival Returns: 2025 Hualien Summer Festival Brings Star-Studded Lineup to Eastern Taiwan


HUALIEN, TAIWAN – Media OutReach Newswire – 17 July 2025 – In the wake of last year’s April 3 earthquake in Taiwan, the Hualien County Government has launched “We Bloom!”, a revitalization initiative symbolizing the unwavering resilience and vitality of the region. At the center of this campaign is ” Little Rock Flower “, an original mascot character that springs to life from seemingly barren rock—an allegory for how life and hope persist, even in the harshest conditions. It is a tribute to the spirit of the Hualien people and their ability to flourish amongst adversity.

Lost in the rhythm, found in the moment. Hualien Summer Festival crafts a spellbinding experience where every beat becomes a heartbeat, every light becomes a star
Lost in the rhythm, found in the moment. Hualien Summer Festival crafts a spellbinding experience where every beat becomes a heartbeat, every light becomes a star

Aligned with this theme, The 2025 Hualien Summer Festival, Taiwan’s most iconic summer music festival, returns for its 18th year from July 23-28, 2025, at Dongdamen Square in Hualien City. This year’s festival promises to be the largest music celebration in Taiwan’s, featuring more than 30 world-class artists and groups performing across six spectacular nights.

Asia’s most beautiful sounds showcase

Dubbed as “capturing Asia’s most beautiful sounds,” the Hualien Summer Festival has established itself as the premier platform for superstars and renowned musical acts in the region. The festival attracts international visitors and music enthusiasts from across Asia, making it a significant cultural bridge that introduces the world to the natural beauty and vibrant culture of eastern Taiwan.

Star-Studded Lineup Spanning Multiple Genres

This year’s festival boasts an impressive roster of more than 30 performers representing diverse musical styles, with highlighted acts including:

July 23: MIXER / Amazing Show / Retrospect
July 24: Michelle Pan / Siao-Rong Shih
July 25: Accusefive / SHOU
July 26: 911 / OSN
July 27: Weibird / TRASH
July 28: Show Lo (Grand Finale)

The lineup spans multiple genres including pop, rock, rap, indie, and traditional folk music, ensuring something for every musical taste. The festival opens with acclaimed indie acts and culminates with a spectacular finale performance by international superstar Show Lo on July 28.

For the complete lineup of artists and groups, please visit the official website or search for “2025 Hualien Summer Festival”.

Free Access to World-Class Entertainment

One of the festival’s most remarkable features is its commitment to accessibility – all performances are completely free to the public. As organizers note, visitors need only purchase a train ticket to Hualien to enjoy what would typically be a premium concert experience with international production standards.

Through this event, the Hualien County Government warmly welcomes both domestic and international travelers to revisit iconic destinations such as the Taroko National Park, and to experience the vibrant landscape, rich culture, and enduring strength of a region that continues to bloom—against all odds.

A Cultural and Economic Driver for Eastern Taiwan

The Hualien Summer Festival serves as more than just a music festival; it’s a significant cultural and economic event that:

  • Promotes Eastern Taiwan Tourism: The festival attracts hundreds of thousands of visitors annually, showcasing Hualien’s stunning natural landscapes and rich indigenous culture
  • Supports Local Economy: The event generates substantial revenue for local businesses, hotels, and restaurants
  • Cultural Exchange: Creates opportunities for international visitors to experience authentic Taiwanese hospitality and eastern Taiwan’s unique cultural heritage


Professional Production Standards

The festival features large-scale concert staging with professional sound and lighting systems, rivaling major international music festivals. The Dongdamen Square venue transforms into a world-class entertainment destination, complete with spectacular fireworks displays that illuminate the night sky over the Pacific Ocean.

Strategic Location and Accessibility

Hualien’s strategic location on Taiwan’s stunning east coast provides festival-goers with:

  • Breathtaking mountain and ocean vistas
  • Access to Taroko National Park (note: some areas temporarily closed due to earthquake) and other natural attractions
  • Rich indigenous culture and traditional crafts
  • World-renowned local cuisine and night markets


About the Hualien Summer Festival

Established as Taiwan’s flagship summer music event, the Hualien Summer Festival has grown from a local celebration to an internationally recognized festival that defines the summer music scene in Taiwan. Each year, it brings together the biggest names in Mandopop, indie music, and traditional performances, creating an unforgettable experience against the backdrop of Taiwan’s most beautiful coastline.

The festival’s success lies in its unique combination of high-quality entertainment, cultural authenticity, and stunning natural beauty, making it a must-visit destination for music lovers and cultural enthusiasts from around the world.

Event Details:

  • Dates: July 23-28, 2025
  • Location: Dongdamen Square, Hualien City, Taiwan
  • Admission: Free
  • Performance Times: 7:00 PM – 9:30 PM daily
  • Website: https://concert.hl.gov.tw/


About Hualien County:
Located on Taiwan’s spectacular eastern coast, Hualien County is renowned for its natural beauty, including Taroko Gorge, pristine beaches, and rich indigenous culture. The county serves as the gateway to some of Taiwan’s most stunning landscapes and is a UNESCO World Heritage site candidate.

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

Luxury Group by Marriott International Unveils Luxury Wellbeing Series 2025

An enriching wellness escapade across Asia-Pacific that revitalizes the mind, body and spirit

SINGAPORE, July 17, 2025 /PRNewswire/ — As the allure for wellness-centric luxury travel continues to dominate the 2025 landscape in Asia-Pacific, the Luxury Group by Marriott International unveils the groundbreaking Luxury Wellbeing Series 2025 from August. According to the Group’s latest luxury travel trends report – The Intentional Traveler, 90% of high-net-worth travelers cite wellness offerings as a key factor in their booking decisions. Evolving into a holistic lifestyle pursuit, wellness travelers are planning to spend more, and with more than half planning their wellness getaways with their immediate family or significant other. Beyond just feeling good, there is a growing demand for immersive, holistic wellness journeys over passive pampering, and Asia is the top destination of choice for such experiences.

Luxury Group by Marriott International Presents Luxury Wellbeing Series
Luxury Group by Marriott International Presents Luxury Wellbeing Series

Spanning across multiple cities in Asia, this meticulously crafted wellness odyssey integrates the three essential pillars of wellness — Sleep, Nutrition, Physical & Mental Well-being — with the rich cultural tapestry and natural splendor of Bali, Maldives, and Goa. The participating properties Mandapa, a Ritz-Carlton Reserve, The Ritz-Carlton Maldives, Fari Islands, and The St. Regis Goa Resort will each offer a tailored wellness escapade, redefining luxury travel as a transformative journey towards a healthier, more enlightened self.

“Beyond tranquil retreats, affluent travelers are seeking impeccable, personalized, exceptional wellness experiences,” said Oriol Montal, Regional Vice President, Luxury, Asia Pacific excluding China, Marriott International. “As the Luxury Group aspires to predict and exceed travelers’ ever-evolving expectations, the Luxury Wellbeing Series is more than just a wellness program — it’s a transformative expedition catering to global luxury travelers’ growing desire for holistic enrichment.”

Bali | Mandapa, a Ritz-Carlton Reserve

Entering its 10th anniversary celebration, Mandapa, a Ritz-Carlton Reserve brings wellbeing to new heights by offering a genuine connection to the island’s cultural and natural beauty.

Sleep: Delve into the traditional use of medicinal plants in the educational Balinese Medicinal Plants Workshop, exploring how local flora can enhance sleep quality and overall health with centuries-old recipes that have been passed down for generations in Balinese culture. Follow this with the profound 60-mintute Yogic Sleep Therapy, a session focused on achieving deep relaxation through controlled breathing, gentle yoga techniques, and calming Delta wave music, all designed to prepare you for a restful night free from anxiety.

Nutrition: Explore the vibrant landscapes of Bali with the guided Foraging with the Adventure Car tour led by the hotel’s Executive Sous Chef Eka Sunarya. This hands-on sensory excursion takes guests through lush greenery where they will taste wild herbs, aromatic spices and tropical fruits freshly picked directly from the earth, gaining insights into their culinary and cultural significance. To further embrace the profound appreciation and respect of nature deeply-rooted in the Balinese culture, make your own traditional Balinese herbal drinks in the hour-long Balinese Herbal Drink Workshop using local ingredients that are believed to detoxify, energize and heal.

Physical and mental wellbeing: Dive into the depths of self-awareness with the Vipassana meditation sessions, an ancient practice designed to sharpen mindfulness and foster inner tranquility. By closely observing their breath, sensations, thoughts, and emotions, guests can easily regain mental clarity and emotional resilience. Let your artistic side shine through with the Mandala Art activity, which fosters self-expression and emotional release. Through the exercise of creating a mandala, connect with your inner self and celebrate your unique identity.

Maldives | The Ritz-Carlton Maldives, Fari Islands

At The Ritz-Carlton Maldives, Fari Islands, wellness is a deeply personal journey, shaped by each guest’s unique path to balance. Rooted in the resort’s Deep Blue philosophy, which celebrates the ocean’s healing rhythm and the science of the blue mind, the experience draws on the power of water to calm, center, and inspire. From private consultations with the resort’s Director of Spa and Wellness and Executive Chef upon arrival to bespoke treatments and personalized nutrition plans, every element is thoughtfully designed to dissolve stresses and restore inner peace.

Sleep: Taking place at the serene oceanfront bedrooms, the Balance of Stillness workshop will give guests an introduction to sleep circle and creating their own sleep sanctuary with the curated sleep ritual kits to help establish a calming bedtime routine. Ensuring a deeply restorative sleep, guests will enjoy personalized turndown service featuring Chakra tea and a sound card selected based on their initial wellness consultation.

Nutrition: A Taste of the Maldives cooking class will offer guests a chance to prepare dishes using the day’s local fish catch alongside a nutritious vegetarian option and to delight in the flavors of the Maldives. Another highlight would be a one-on-one session with the in-house wellness guru and the chef for tailored nutrition guidance. Following a comprehensive review of your health history, lifestyle, and wellness goals, the professionals will provide guidance on a customized meal plan, portion control, mindful eating, and nutrient timing.

Physical and Mental Wellbeing: Set the tone with a Sunrise Floating Sound Healing Session, where sound vibrations gently align body and mind. Healing moments will be further elevated by B Strong, a powerful blend of strength training and conscious breathwork to improve resilience and clarity. A guided snorkeling trip and private coral regeneration experience further enrich this journey, deepening the connection between well-being and the healing power of the blue ocean, which the color is known to calm and focus the mind.

India | The St. Regis Goa Resort

Tucked between the Sal River and Arabian Sea, the newly renovated St. Regis Goa Resort is dedicated to the ancient practices of Ayurveda, designed to address and harmonize guests’ overall health and well-being. The journey begins with a personalized consultation with a team of in-house wellness consultants to uncover underlying health imbalances, followed by customized treatments delivered by expert therapists to ensure guests return to the world feeling soothed and centered.

Sleep: The Sleep Ritual harnesses the calming effects of Yoga Nidra alongside specially selected herbal tisanes to promote a deep, restorative sleep. This ritual is specifically crafted to help guests truly unwind, preparing them for a rejuvenating night.

Nutrition: Guests will indulge in a Dosha-Specific Farm-to-Table Lunch, creatively prepared to align with individual Ayurvedic profiles using the freshest ingredients from local farms. A visit to the resort’s Spice Garden further enriches this experience, offering insights into the healing properties of traditional herbs and spices integral to Ayurvedic cuisine.

Physical and Mental Wellbeing: The revitalizing mornings begin with a therapeutic Sound Bath Session, using Himalayan singing bowls to realign and soothe the body’s energies. This is further complemented by the Estuary Walk & Yoga, a reflective journey along the water’s edge, blending the natural tranquility of the surroundings with the physical and mental discipline of yoga. Following the initial consultation upon arrival, The St. Regis Spa offers on a series of bespoke Ayurvedic treatments designed to address guests’ specific health concerns and promote a profound sense of peace and well-being.

High-resolution images available here.

About Marriott International

Marriott International, Inc. (Nasdaq: MAR) is based in Bethesda, Maryland, USA, and encompasses a portfolio of nearly 9,500 properties across more than 30 leading brands in 144 countries and territories. Marriott operates, franchises, and licenses hotel, residential, timeshare, and other lodging properties all around the world. The company offers Marriott Bonvoy®, its highly awarded travel platform. For more information, please visit our website at www.marriott.com, and for the latest company news, visit www.marriottnewscenter.com. In addition, connect with us on Facebook and @MarriottIntl on X and Instagram.

Marriott encourages investors, the media, and others interested in the company to review and subscribe to the information Marriott posts on its investor relations website at www.marriott.com/investor or Marriott’s news center website at www.marriottnewscenter.com, which may be material. The contents of these websites are not incorporated by reference into this press release or any report or document Marriott files with the U.S. Securities and Exchange Commission, and any references to the websites are intended to be inactive textual references only.

About Luxury Group by Marriott International

With an unrivaled portfolio of eight dynamic luxury brands, Marriott International is creating authentic, rare, and enriching experiences sought by today’s global luxurian. Spanning all corners of the world, Marriott International’s Luxury Group offers a boundless network of more than 530 landmark hotels and resorts in over 70 countries and territories through The Ritz-Carlton, Ritz-Carlton Reserve, Bvlgari Hotels & Resorts, St. Regis Hotels & Resorts, EDITION, The Luxury Collection, JW Marriott, and W Hotels. From the world’s most iconic destinations to the ultimate undiscovered gems, the international hospitality leader’s collection of luxury brands is focused on elevating travel with highly contextualized, nuanced brand experiences that signal the future of luxury by allowing guests to indulge their passions while sparking personal growth. For more information, please visit Luxury.Marriott.com.

Media Contact
Joanna Huang
Director, Luxury PR & Communications
Marriott International, Asia Pacific excluding China
joanna.huang@marriottluxurybrands.com 

Yili Representative Attends the 8th Australia-China CEO Roundtable Meeting

BEIJING, July 17, 2025 /PRNewswire/ — On July 15, the 8th Australia-China CEO Roundtable Meeting was held in Beijing. Liu Chunxi, Senior Executive President of Yili Group, participated and delivered a speech. Liu stated that Australia boasts high-quality agricultural and pastoral resources, along with extensive expertise in dairy cattle breeding, pasture management, and dairy product R&D and manufacturing. Meanwhile, China offers a stable and positive macroeconomic environment, a thriving health food consumption market, and leadership in digitalization and low-carbon technology applications. The two countries’ industries are highly complementary, presenting broad prospects for cooperation.

Liu Chunxi, Senior Executive President of Yili Group, Addresses the Forum
Liu Chunxi, Senior Executive President of Yili Group, Addresses the Forum

Deepening Presence in Australia

Yili’s collaboration with Australia began in 2016. By leveraging Australia’s premium raw material resources and well-established industrial system, Yili has expanded its partnerships with Australian companies across areas including raw material sourcing, dairy farming, dairy technology R&D, and nutritional health products. To date, Yili’s total investment and trade volume in Australia has exceeded RMB 3 billion, fostering mutually beneficial development in the China-Australia supply chain and industrial cooperation.

In 2024, the ADP factory of Ausnutria, Yili’s subsidiary in Australia, obtained a formula registration certificate, becoming the first Australian company granted approval for the full range of infant formula products. This milestone marks a significant breakthrough for Yili’s operations in Australia and is expected to greatly enhance the global competitiveness of its infant formula offerings, offering superior quality assurance for maternal and infant health.

Yili’s Australian subsidiary, Nutrition Care, is a professional, pharmacy-grade nutrition brand. Its flagship product, NC Gastrointestinal Powder, has maintained the top position in China’s adult gastrointestinal healthcare compound powder market for several consecutive years. Recently, its probiotic product, NC Seasonal Biotic, also achieved top-selling status among Australian probiotic brands for nasal health.

Nutrition Care
Nutrition Care

Expanding Global Industrial Footprint

In neighboring New Zealand, Yili’s business continues to advance steadily. After more than a decade of continuous investment and development, the company’s industrial presence in New Zealand now spans the entire value chain, including dairy sourcing, innovative R&D, manufacturing, and brand marketing. Yili operates six production bases and offers a diverse product portfolio ranging from liquid milk, milk powder, butter, cheese, cream, yogurt, lactoferrin, to bovine colostrum. Yili has established partnerships with over 400 local farms, establishing itself as the largest Chinese dairy investor in New Zealand in terms of both scale and scope of cooperation. This strategic layout not only strengthens Yili’s position as a key player in the global supply chain but also injects new vitality into the dairy industry across the Australia-New Zealand region, successfully establishing a trans-Pacific dairy corridor.

Yili's Oceania production base, New Zealand
Yili’s Oceania production base, New Zealand

Looking ahead, Yili will continue to uphold an open and collaborative approach, further expanding its global market presence through technological innovation and global resource integration, with the aim of providing consumers worldwide with premium health food and promoting sustainable development across the industry.

 

Chongqing Qianxin Foreign Trade and Economic Cooperation Group Co., Ltd(CFTEC) Hosts the Global Trade Partner Matching Conference


CHONGQING, CHINA – Media OutReach Newswire – 17 July 2025 – On July 16, the Global Trade Partner Matching Conference, organized by CFTEC and guided by the Chongqing State-owned Assets Supervision and Administration Commission and the Chongqing Overseas Chinese Federation, was successfully held.

1

Themed “Empowering with Digital Intelligence, Creating the Future Through Supply Chains,” the event aimed to facilitate global trade partner exchanges, expand global trade resources, empower industries, and promote the construction of a cross-border digital trade platform ecosystem.

Attendees included representatives from enterprises, institutions, and business associations from ten countries and regions, including Spain, Sweden, Kyrgyzstan, Kazakhstan, Thailand, Singapore, Malaysia, Vietnam, Myanmar, and Hong Kong, China, as well as officials from financial institutions, private enterprises, and relevant departments in Chongqing. Together, they embarked on a new chapter of economic and trade development filled with wisdom and opportunities.

Liu Hanjie, chairman of CFTEC, noted that in the context of global economic integration, the stability and efficient operation of supply chains have become crucial for driving economic development. This conference provided participating enterprises with an international communication platform, helping them integrate more quickly into the global trade system and enhancing the competitiveness and risk-resilience of foreign trade enterprises. CFTEC will promote more practical cooperation, injecting new momentum into the collaborative development of global supply chains.

CFTEC has been engaged in international trade for over 40 years, maintaining trade relations with more than 80 countries and regions. The organization boasts a large pool of versatile international trade talents and has established numerous cross-border trade brands, including Yumaotong, Yuoutong Cross-Border E-Commerce, and Yupin Yunjin. With an annual import and export capacity of $4 billion, it has repeatedly ranked among the top 500 Chinese enterprises, top 500 service enterprises in China, and top 100 enterprises in Chongqing.

Hashtag: #CFTEC

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