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Angel Yeast Showcases Innovative Yeast Protein at 2025 IFT FIRST in Chicago

CHICAGO, July 24, 2025 /PRNewswire/ — The 2025 IFT FIRST (Food Improved by Research, Science, and Technology), one of the world’s largest food science and innovation expos, recently took place from July 13 to 16 in Chicago. At the expo, Angel Yeast (SHA:600298) showcased its comprehensive, innovative lineup of yeast protein, yeast extract and baking solutions, nutritional health ingredients and brewing technologies under the themes of “Yeast Extract-Enjoy a Flavorful Life” and “Yeast Protein-Redefining Future Proteins.”

Angel Yeast Showcases Innovative Yeast Protein at 2025 IFT FIRST in Chicago
Angel Yeast Showcases Innovative Yeast Protein at 2025 IFT FIRST in Chicago

Angel Yeast has especially promoted the innovative yeast protein products which boast natural, sustainable and high nutrition values, the exhibition showcased sample products applying the ingredients and technology that are meeting the consumers’ growing demand for naturally flavorful, healthy and sustainable food options.

Globally, the market is seeing a significant surge in consumer demand for efficient, high-quality protein supplements and weight management solutions alongside unprecedented attention to clean labels. According to a 2025 Innova survey, more than a quarter of North American consumers are interested in high-protein diet, and there has been a 668% growth in the new food and beverage launches tracked with a GLP-1 friendly claim (US & Canada, CAGR 2022-2024).

“The IFT exhibition has shown us the tremendous potential of yeast protein. It not only addresses the pain points of traditional protein but also opens new pathways for sustainable and healthy food,” said Hang Tao, General Manager of Angel Yeast North America Division. “Angel Yeast is committed to providing the industry with high-quality protein solutions of the future with our innovative yeast protein products that are meeting market demands while offering a stable and reliable supply.”

Angel Yeast’s Angeopro™ is a naturally sourced, high-quality alternative protein that aligns with modern health trends, the premium plant-based protein is especially suited in weight management and sports nutrition applications. Recent studies have found that yeast protein significantly protects against muscle loss[1]. Yeast protein products such as the Angeopro™ are produced through natural and sustainable manufacturing processes with advantages including outstanding bioavailability, a balanced and complete amino acid profile, and a nutritional value comparable to high-quality animal protein.

In the meantime, Angeopro™ has a clean, impurity-free taste without the beany aftertaste that’s common in plant proteins or the dairy notes in whey protein, which makes it a superior flavor foundation for different recipes. Its low allergy trait and non-dairy nature also allow more consumers to enjoy it worry-free.

In terms of production and supply, Angeopro™ utilizes an environmentally sustainable fermentation process to ensure a stable supply chain with significant cost advantages.

The Yeast Extract Savory by Angel Yeast is a 100% natural, non-GMO ingredient that enhances umami and savory flavors while enabling up to 20% sodium reduction without compromising taste. It also balances sweetness to reduce salt and sugar at the same time, making it ideal for plant-based foods, snacks, sauces, soups, and meat alternatives.

Angel Yeast is also offering a broader scope of product portfolio including the natural flavor yeast Feravor’-Buttery developed for baking, baking yeast, nutritional yeast tablets, vitamin K2, PQQ and innovative brewing solution, the non-alcoholic beer yeast NAO5.

“Angel Yeast is always committed to the mission of ‘Developing yeast biotechnology, innovate for a healthy life’,” said Hang Tao. “We would also like to invite food manufacturers, industry partners and professionals to join us and bring consumers with healthier, more sustainable food solutions, and to create a brighter future for the food industry together.”

Learn more about Angeopro™ at https://en.angelyeast.com/products/human-health/angeopro-a-sustainably-sourced-natural-yeast-protein.html.

 

EcoFlow Slims Down the Power Station with Pioneering New TRAIL Series – Purpose-Built for Life Outdoors

TRAIL Series features three ultra-compact DC-only portable power stations, including the 200, 300 and Plus 300

SEATTLE, July 24, 2025 /PRNewswire/ — EcoFlow, a leading provider of eco-friendly power solutions, today introduced a new chapter in outdoor power with TRAIL Series, a lines of ultra-compact, lightweight DC-only power stations built for outdoor enthusiasts. It sets a new standard for portable power in the wild by focusing on efficiency, durability and ease of use.

As a grab-and-go energy solution, TRAIL Series matches the spontaneity and simplicity of modern outdoor lifestyles, to power you outdoor adventures under the sun or the stars. TRAIL Series eliminates the bulk of an AC inverter to deliver a solution 60% smaller than traditional portable power stations. Weighing in as little as 4 lbs., it can easily fit into a backpack and join you for the journey.

Though small, TRAIL Series doesn’t compromise on performance. It offers just the right amount of energy needed to power many outdoor scenarios, delivering up to 300W of pure, high-efficiency DC output across up to five USB ports and one 12V car outlet.

With the proliferation of modern USB-powered devices, which run on DC power, TRAIL Series is compatible with 90% of camping essentials — seamlessly running phones, lights, tablets and even Starlink Mini. Many outdoor enthusiasts today don’t need to power AC devices with traditional wall outlet plugs, allowing development of a smaller, lighter and more energy-efficient solution. TRAIL Series powers up to two days of tent camping and recharges to 80 percent in about an hour.

EcoFlow launched the TRAIL Series — its first DC-only portable power line and most compact solution to date, engineered for life outdoors, from campers, hikers, nature photographers, outdoor tailgaters, and weekend explorers alike.
EcoFlow launched the TRAIL Series — its first DC-only portable power line and most compact solution to date, engineered for life outdoors, from campers, hikers, nature photographers, outdoor tailgaters, and weekend explorers alike.

A Lineup for Every Scenario
TRAIL Series is offered in three models — TRAIL 200, TRAIL 300 and TRAIL Plus 300. Each offers a unique balance of size, weight and power.

  • TRAIL 200: Weighing just 4.03 lbs (1.83kg), it is the most compact option. With a 192Wh capacity and 220W output across four USB ports, it suits ultra-portable, light-duty scenarios. Ideal for hikers, solo explorers and outdoor photographers, it delivers just enough power for essential gear in the wild — without adding unnecessary bulk to your pack.
  • TRAIL 300: The flagship model adds more power and ports while maintaining a slim 5.69 lbs (2.58kg) form factor. Featuring 288Wh capacity and 300W output across five ports, it supports charging up to five devices simultaneously and offers flexible recharging options via car or solar. Striking a balance between portability and performance, it’s ideal for campers, tailgaters and group outings that demand more charging capacity.
  • TRAIL Plus 300: Bringing a lifestyle-forward twist, it offers the same core specs as TRAIL 300 but adds a built-in versatile camping light and a detachable 140W charging cable handle — combining utility and style in one compact design. It is also compatible with the EcoFlow App, supporting remote monitoring and control. Its sleek design will appeal to everyone, including the most demanding glampers.

A New Answer to Outdoor Needs
EcoFlow has long been the trusted choice for van-lifers, RVers and off-gridders who rely on high-capacity AC power solutions. But as outdoor lifestyles evolve, a new group is emerging — outdoor newcomers and short-term campers — who want power that’s lighter, simpler and easy to use.

“TRAIL series is our answer to a growing generation of consumers who want gear that’s as lightweight, functional and free-spirited as they are,” said Brian Essenmacher, head of North American business development at EcoFlow. “We designed the series to focus on DC power only – working smarter, not harder, so you can spend less time worrying about gear and more time enjoying the outdoors.”

Availability
The TRAIL 200 and 300 will be available for purchase on both Amazon and the EcoFlow website starting August 1, and TRAIL Plus 300 will be available later in October.

A limited-time launch promotion for TRAIL 200 and 300 will run from August 1 to September 25.

Pricing information can be found on the official on-sale date of each product.

About EcoFlow
EcoFlow is a leading provider of eco-friendly energy solutions, committed to powering a new world. Since its founding in 2017, EcoFlow has aimed to be the FIRST in power solutions — Flexible, Innovative, Reliable, Simple, and Thorough — for individuals and families, whether at home, outdoors or on the go. With a smart manufacturing center in China, and headquarters in the USA, Germany and Japan, EcoFlow has empowered over 5 million users in 140 markets worldwide. For more information, visit https://www.ecoflow.com/us.

 

Angel Yeast Showcases Innovative Yeast Protein at 2025 IFT FIRST in Chicago

CHICAGO, July 24, 2025 /PRNewswire/ — The 2025 IFT FIRST (Food Improved by Research, Science, and Technology), one of the world’s largest food science and innovation expos, recently took place from July 13 to 16 in Chicago. At the expo, Angel Yeast (SHA:600298) showcased its comprehensive, innovative lineup of yeast protein, yeast extract and baking solutions, nutritional health ingredients and brewing technologies under the themes of “Yeast Extract-Enjoy a Flavorful Life” and “Yeast Protein-Redefining Future Proteins.”

Angel Yeast Showcases Innovative Yeast Protein at 2025 IFT FIRST in Chicago
Angel Yeast Showcases Innovative Yeast Protein at 2025 IFT FIRST in Chicago

Angel Yeast has especially promoted the innovative yeast protein products which boast natural, sustainable and high nutrition values, the exhibition showcased sample products applying the ingredients and technology that are meeting the consumers’ growing demand for naturally flavorful, healthy and sustainable food options.

Globally, the market is seeing a significant surge in consumer demand for efficient, high-quality protein supplements and weight management solutions alongside unprecedented attention to clean labels. According to a 2025 Innova survey, more than a quarter of North American consumers are interested in high-protein diet, and there has been a 668% growth in the new food and beverage launches tracked with a GLP-1 friendly claim (US & Canada, CAGR 2022-2024).

“The IFT exhibition has shown us the tremendous potential of yeast protein. It not only addresses the pain points of traditional protein but also opens new pathways for sustainable and healthy food,” said Hang Tao, General Manager of Angel Yeast North America Division. “Angel Yeast is committed to providing the industry with high-quality protein solutions of the future with our innovative yeast protein products that are meeting market demands while offering a stable and reliable supply.”

Angel Yeast’s Angeopro™ is a naturally sourced, high-quality alternative protein that aligns with modern health trends, the premium plant-based protein is especially suited in weight management and sports nutrition applications. Recent studies have found that yeast protein significantly protects against muscle loss[1]. Yeast protein products such as the Angeopro™ are produced through natural and sustainable manufacturing processes with advantages including outstanding bioavailability, a balanced and complete amino acid profile, and a nutritional value comparable to high-quality animal protein.

In the meantime, Angeopro™ has a clean, impurity-free taste without the beany aftertaste that’s common in plant proteins or the dairy notes in whey protein, which makes it a superior flavor foundation for different recipes. Its low allergy trait and non-dairy nature also allow more consumers to enjoy it worry-free.

In terms of production and supply, Angeopro™ utilizes an environmentally sustainable fermentation process to ensure a stable supply chain with significant cost advantages.

The Yeast Extract Savory by Angel Yeast is a 100% natural, non-GMO ingredient that enhances umami and savory flavors while enabling up to 20% sodium reduction without compromising taste. It also balances sweetness to reduce salt and sugar at the same time, making it ideal for plant-based foods, snacks, sauces, soups, and meat alternatives.

Angel Yeast is also offering a broader scope of product portfolio including the natural flavor yeast Feravor’-Buttery developed for baking, baking yeast, nutritional yeast tablets, vitamin K2, PQQ and innovative brewing solution, the non-alcoholic beer yeast NAO5.

“Angel Yeast is always committed to the mission of ‘Developing yeast biotechnology, innovate for a healthy life’,” said Hang Tao. “We would also like to invite food manufacturers, industry partners and professionals to join us and bring consumers with healthier, more sustainable food solutions, and to create a brighter future for the food industry together.”

Learn more about Angeopro™ at https://en.angelyeast.com/products/human-health/angeopro-a-sustainably-sourced-natural-yeast-protein.html.

 

EcoFlow Slims Down the Power Station with Pioneering New TRAIL Series – Purpose-Built for Life Outdoors

TRAIL Series features three ultra-compact DC-only portable power stations, including the 200, 300 and Plus 300

SEATTLE, July 24, 2025 /PRNewswire/ — EcoFlow, a leading provider of eco-friendly power solutions, today introduced a new chapter in outdoor power with TRAIL Series, a lines of ultra-compact, lightweight DC-only power stations built for outdoor enthusiasts. It sets a new standard for portable power in the wild by focusing on efficiency, durability and ease of use.

As a grab-and-go energy solution, TRAIL Series matches the spontaneity and simplicity of modern outdoor lifestyles, to power you outdoor adventures under the sun or the stars. TRAIL Series eliminates the bulk of an AC inverter to deliver a solution 60% smaller than traditional portable power stations. Weighing in as little as 4 lbs., it can easily fit into a backpack and join you for the journey.

Though small, TRAIL Series doesn’t compromise on performance. It offers just the right amount of energy needed to power many outdoor scenarios, delivering up to 300W of pure, high-efficiency DC output across up to five USB ports and one 12V car outlet.

With the proliferation of modern USB-powered devices, which run on DC power, TRAIL Series is compatible with 90% of camping essentials — seamlessly running phones, lights, tablets and even Starlink Mini. Many outdoor enthusiasts today don’t need to power AC devices with traditional wall outlet plugs, allowing development of a smaller, lighter and more energy-efficient solution. TRAIL Series powers up to two days of tent camping and recharges to 80 percent in about an hour.

EcoFlow launched the TRAIL Series — its first DC-only portable power line and most compact solution to date, engineered for life outdoors, from campers, hikers, nature photographers, outdoor tailgaters, and weekend explorers alike.
EcoFlow launched the TRAIL Series — its first DC-only portable power line and most compact solution to date, engineered for life outdoors, from campers, hikers, nature photographers, outdoor tailgaters, and weekend explorers alike.

A Lineup for Every Scenario
TRAIL Series is offered in three models — TRAIL 200, TRAIL 300 and TRAIL Plus 300. Each offers a unique balance of size, weight and power.

  • TRAIL 200: Weighing just 4.03 lbs (1.83kg), it is the most compact option. With a 192Wh capacity and 220W output across four USB ports, it suits ultra-portable, light-duty scenarios. Ideal for hikers, solo explorers and outdoor photographers, it delivers just enough power for essential gear in the wild — without adding unnecessary bulk to your pack.
  • TRAIL 300: The flagship model adds more power and ports while maintaining a slim 5.69 lbs (2.58kg) form factor. Featuring 288Wh capacity and 300W output across five ports, it supports charging up to five devices simultaneously and offers flexible recharging options via car or solar. Striking a balance between portability and performance, it’s ideal for campers, tailgaters and group outings that demand more charging capacity.
  • TRAIL Plus 300: Bringing a lifestyle-forward twist, it offers the same core specs as TRAIL 300 but adds a built-in versatile camping light and a detachable 140W charging cable handle — combining utility and style in one compact design. It is also compatible with the EcoFlow App, supporting remote monitoring and control. Its sleek design will appeal to everyone, including the most demanding glampers.

A New Answer to Outdoor Needs
EcoFlow has long been the trusted choice for van-lifers, RVers and off-gridders who rely on high-capacity AC power solutions. But as outdoor lifestyles evolve, a new group is emerging — outdoor newcomers and short-term campers — who want power that’s lighter, simpler and easy to use.

“TRAIL series is our answer to a growing generation of consumers who want gear that’s as lightweight, functional and free-spirited as they are,” said Brian Essenmacher, head of North American business development at EcoFlow. “We designed the series to focus on DC power only – working smarter, not harder, so you can spend less time worrying about gear and more time enjoying the outdoors.”

Availability
The TRAIL 200 and 300 will be available for purchase on both Amazon and the EcoFlow website starting August 1, and TRAIL Plus 300 will be available later in October.

A limited-time launch promotion for TRAIL 200 and 300 will run from August 1 to September 25.

Pricing information can be found on the official on-sale date of each product.

About EcoFlow
EcoFlow is a leading provider of eco-friendly energy solutions, committed to powering a new world. Since its founding in 2017, EcoFlow has aimed to be the FIRST in power solutions — Flexible, Innovative, Reliable, Simple, and Thorough — for individuals and families, whether at home, outdoors or on the go. With a smart manufacturing center in China, and headquarters in the USA, Germany and Japan, EcoFlow has empowered over 5 million users in 140 markets worldwide. For more information, visit https://www.ecoflow.com/us.

 

Duty-free product categories to increase thanks to Hainan FTP independent customs operations

HAIKOU, China, July 24, 2025 /PRNewswire/ — A report from Hainan International Media Center:

South China’s Hainan Free Trade Port (FTP) will officially begin island-wide independent customs operations on December 18, 2025, with more products to be eligible for import under the FTP’s zero-tariff policy.

A press conference on the development of the Hainan Free Trade Port was held by China’s State Council Information Office on July 23.
A press conference on the development of the Hainan Free Trade Port was held by China’s State Council Information Office on July 23.

The new customs closure system establishes an area under the independent supervision of customs authorities covering the entire island of Hainan.

Wang Changlin, deputy head of the National Development and Reform Commission, said at a recent press conference held by the State Council Information Office that after independent customs operations begin, the proportion of “zero tariff” goods in the Hainan FTP will increase from 21% to 74%. Wang added that imported products undergoing at least 30% value-added processing in Hainan will be eligible to enter the mainland tariff-free.

Vice Minister of Finance Liao Min noted that after island-wide independent customs operations begin, the number of duty-free eligible product categories in Hainan will increase from about 1,900 to around 6,600. Those eligible to take advantage of the policy will also increase to include companies, public institutions, and private non-corporate entities in the FTP with import needs, added Liao.

In April 2018, China announced the decision to develop Hainan into a pilot free trade zone. In June 2020, a master plan was unveiled to establish an initial FTP policy and institutional framework by 2025 and develop the province into a high level, globally influential FTP by 2050.

Aerial view of Haikou, capital of south China’s Hainan Province.
Aerial view of Haikou, capital of south China’s Hainan Province.

Over the past five years, the actual utilization of foreign capital in Hainan reached 102.5 billion yuan ($14.35 billion), with an average annual growth rate of 14.6%. A total of 8,098 new foreign-funded enterprises were established at an average annual growth rate of 43.7%. There have been 176 countries and regions that have invested in the FTP, and citizens of 85 countries are currently eligible for visa-free entry into Hainan.

Policy preparations for island-wide independent customs operations are already in place, said Feng Fei, secretary of the CPC Hainan Provincial Committee. The Ministries of Commerce and Finance, together with other departments, have issued a set of measures and lists to safeguard the ongoing implementation of the FTP’s independent customs operations.

Pop Culture Strategy Partners with Macau Platinum to Invest Heavily in Creating a New Benchmark for Global Distribution of Chinese Short Dramas

XIAMEN, China, July 24, 2025 /PRNewswire/ — Leading integrated entertainment group Pop Culture Group Co., Ltd (“CPOP” or the “Company”) (Nasdaq: CPOP) recently announced a deep strategic cooperation with Macau Platinum, a professional distributor of short dramas. The Company will invest core resources into its selected Chinese short drama projects, collaborating with Macau Platinum’s strong distribution network and data capabilities to create high-quality Chinese short dramas for the global market and achieve efficient and precise international distribution. This move marks an important step in the Company’s international expansion and its commitment to promoting Chinese culture on a global scale..

Foundation of Strategic Cooperation: Significant Investment by the Company to Drive Premium Production and Global Distribution

The collaboration between the Company and Macau Platinum is not just a simple business entrustment but is based on deep strategic alignment and joint investment in specific projects. The Company will provide core support for its favored short drama projects, including funding, top-level intellectual property (IP), creative talent, and the group’s global promotion and distribution resources. Macau Platinum, with its expertise in the short drama field and focus on global distribution, will be responsible for developing and executing the global distribution strategy for the projects. The combination of their respective strengths aims to maximize both the commercial value and cultural impact of the projects in the global market.

Data-Driven, Precise Targeting: Macau Platinum’s Expertise Enhanced by the Company’s Resources

A core advantage of Macau Platinum lies in its proprietary “Five-Dimensional Real-Time Monitoring Compass” system-a cutting-edge analytics system that encompasses user profiling, emotional heat maps, completion curves, barrage keywords, and platform traffic pools. Through this cooperation, the Company will provide full-spectrum support to enhance this system, helping Macau Platinum scale its analytical capabilities to even greater heights. The integration of the Company’s resources with Macau Platinum’s technology will enable more precise content targeting, improved engagement, and optimized distribution outcomes across international platforms.

About CPOP (Pop Culture Group Co., Ltd):

Pop Culture Group Co., Ltd is a cultural industry operation enterprise focused on the industrialization of Chinese Pop Culture, incorporated in the Cayman Islands with its main operations located in China. The company offers a range of services including live performances, artist management, intellectual property rights, film and television production, MCN (Multi-Channel Network), and entertainment marketing. Originally focused on hip-hop culture, Pop Culture Group Co., Ltd has evolved into a diversified group specializing in Chinese Pop Culture. Its comprehensive business ecosystem spans both online and offline platforms, including: (1) live entertainment events (such as concerts, music festivals, street dance competitions, and other performances); (2) digital entertainment services; (3) artist management and agency services; and (4) investment in and production of film and television content featuring elements of Chinese Pop Culture.

Forward-Looking Statements

This press release contains, “forward-looking statements” within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended. These forward-looking statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. CPOP’s actual results may differ from their expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “might” and “continues,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, but are not limited to, statements about: CPOP’s goals and strategies; our ability to retain and increase the number of users, members, and expand its service offerings; CPOP’s future business development, financial condition and results of operations; expected changes in CPOP’s revenues, costs or expenditures; competition in the industry; relevant government policies and regulations relating to our industry; general economic and business conditions globally and in China; and assumptions underlying or related to any of the foregoing. CPOP cautions that the foregoing list of factors is not exclusive. CPOP cautions readers not to place undue reliance upon any forward-looking statements, which speak only as of the date made. CPOP does not undertake or accept any obligation or undertaking to release publicly any updates or revisions to any forward-looking statements to reflect any change in its expectations or any change in events, conditions or circumstances on which any such statement is based, subject to applicable law. Additional information concerning these and other factors that may impact our expectations and projections can be found in CPOP’s periodic filings with the SEC, including CPOP’s Annual Report on Form 20-F for the fiscal year ended June 30, 2024. CPOP’s SEC filings are available publicly on the SEC’s website at www.sec.gov.

Yiren Digital Releases its 2024 ESG Report: AI Deepens Sustainable Practices Across the Board

BEIJING, July 24, 2025 /PRNewswire/ — Yiren Digital Ltd. (NYSE: YRD) (“Yiren Digital” or the “Company”), an AI-powered platform providing a comprehensive suite of financial and lifestyle services in Asia, today announced the release of its annual ESG report for the year ended December 31, 2024. The report highlights Yiren Digital’s mission of “Better Lives Through Digital Innovation”,  demonstrating the Company’s unwavering dedication to environmental sustainability and social responsibility.

Mr. Ning Tang, Chairman and CEO of Yiren Digital, commented that sustainable development has become a global consensus and a defining mission for enterprises. As a leading AI-driven fintech platform, the Company is dedicated to integrating AI across diverse scenarios, enabling millisecond-level risk control, hyper-personalized marketing, and seamless intelligent service experiences. These initiatives not only enhance quality of life for individuals, but also create lasting value for our partners.

AI-Powered Transformation Across the Value Chain

In 2024, Yiren Digital advanced its “AI + Multi-use Cases” strategy, leveraging its proprietary high-performance AI models to enhance risk management, personalized marketing, and intelligent customer service. This resulted in sector-leading customer satisfaction rates of 94% in financial services, 98% in insurance brokerage, and 96% in lifestyle solutions.

In 2024, the Company’s self-developed Hawkeye anti-fraud model, combining AI automation with human oversight, intercepted 16,800 fraudulent loan applications and prevented losses of RMB 180 million. Additional manual interventions averted a further RMB 54.43 million in potential losses. Yiren Digital maintained rigorous information security standards and completed 37 security tests and successfully defended against millions of malicious scans and cyberattacks.

Driving Inclusive Growth

Yiren Digital continued to expand the reach of inclusive finance, facilitating over RMB 53.6 billion in loans for more than 4 million clients, including small and micro business owners as well as women entrepreneurs. The Company also provided over RMB 86 billion in risk coverage for gig economy workers, including truck drivers and delivery personnel. In addition, it promoted insurance and philanthropy programs for child development and rural revitalization.

Leading the Green Transition

The Company reduced energy use and carbon emissions, with over 90% of the equipment in its Beijing offices being energy-efficient, and a 5% decrease in greenhouse gas emissions year-on-year. Strict lending restrictions were placed on business owners in high-emission sectors, with financing directed towards low-carbon industries, including support for new energy, high-efficiency technologies, resource recycling, and environmental monitoring. For example, in 2024, the Company facilitated loans totaling RMB88.48 million for 3,156 business owners in the energy-efficient industry and RMB16.46 million for 593 business owners in the environmental monitoring sector.

Looking ahead, Yiren Digital will continue to anchor its growth in ESG principles, advancing AI-driven innovation and sustainable practices while working with partners to build a more inclusive, intelligent, and sustainable ecosystem.

To view Yiren Digital’s full 2024 ESG report, please visit: https://ir.yiren.com/ESG-Reports.

Safe Harbor Statement

This press release contains forward-looking statements. These statements constitute “forward-looking” statements within the meaning of Section 21E of the Securities Exchange Act of 1934, as amended, and as defined in the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “target,” “confident” and similar statements. Such statements are based upon management’s current expectations and current market and operating conditions and relate to events that involve known or unknown risks, uncertainties and other factors, all of which are difficult to predict and many of which are beyond Yiren Digital’s control. Forward-looking statements involve risks, uncertainties, and other factors that could cause actual results to differ materially from those contained in any such statements. Potential risks and uncertainties include, but are not limited to, uncertainties as to Yiren Digital’s ability to attract and retain borrowers on its marketplace, its ability to introduce new loan products and platform enhancements, its ability to compete effectively, PRC regulations and policies relating to the online lending service industry in China, general economic conditions in China, and Yiren Digital’s ability to meet the standards necessary to maintain the listing of its ADSs on the NYSE or other stock exchange, including its ability to cure any non-compliance with the NYSE’s continued listing criteria. Further information regarding these and other risks, uncertainties or factors is included in Yiren Digital’s filings with the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date of this press release, and Yiren Digital does not undertake any obligation to update any forward-looking statement as a result of new information, future events or otherwise, except as required under applicable law.

About Yiren Digital

Yiren Digital Ltd. is an advanced, AI-powered platform providing a comprehensive suite of financial and lifestyle services in Asia. Our mission is to elevate customers’ financial well-being and enhance their quality of life by delivering digital financial services, tailor-made insurance solutions, and premium lifestyle services. 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 security of individuals, families, and businesses.

Binance integrates Tokenized Real-World Assets USYC and cUSDO into Off-Exchange Settlement Solutions

Largest crypto exchange will waive banking triparty fee and absorb institutional custody partner Ceffu’s MirrorX and MirrorRSV service fees until 2026 

DUBAI, UAE, July 24, 2025 /PRNewswire/ — Binance, the world’s leading blockchain ecosystem behind the largest cryptocurrency exchange by trading volume and user base, is pleased to announce it will support tokenized yield-bearing assets USYC and cUSDO through Binance Banking Triparty as well as through its institutional custody partner Ceffu, giving institutional users the additional choice of holding USYC and cUSDO off-exchange while simultaneously enjoying seamless access to the Binance platform and receiving yield on their pledged collateral.

This integration expands the range of supported collateral for institutional users beyond traditional assets such as fiat currencies and Treasury bills on Binance Banking Triparty, and beyond native crypto assets such as bitcoin on Ceffu.

Tokenization of real-world assets excluding stablecoins has increased to $24 billion in June 2025 from $15.2 billion in December 2024, and is projected to reach up to 30% of traditional finance assets worth over $400 trillion by 2034, indicating a potential exponential growth of over 100x for crypto which currently has a market cap of $3 trillion.

“Our integration of tokenized real-world assets demonstrates our continued focus to enhance user experience on Binance. By supporting USYC and cUSDO on Binance Banking Triparty as well as through our custody partner Ceffu, we are offering our institutional clients more choices to optimize their capital efficiency while balancing risk control requirements,” said Catherine Chen, Head of Binance VIP & Institutional. “Tokenization of real-world assets enables users to benefit from the inherent properties of digital assets, such as faster and cheaper settlement, 24/7 availability, and on-chain transparency, and will unlock further crypto adoption.”

“This collaboration with Binance marks a meaningful advancement in how institutions can engage with tokenized real-world assets,” said Kash Razzaghi, Chief Business Officer at Circle. “By making USYC available as off-exchange collateral with yield potential, we’re bringing capital efficiency and risk-managed optionality to institutional investors—bridging traditional finance and blockchain-powered markets.”

“We’re entering a new phase of institutional crypto adoption, where compliance focused, yield-bearing assets like cUSDO are becoming central to how capital is deployed on-chain,” said Jeremy Ng, Founder and CEO of OpenEden. “cUSDO’s integration into Binance Banking Triparty and their custody partner Ceffu showcases how institutional-grade RWAs can deliver the capital efficiency and security needed to drive meaningful participation from institutions.”

USYC is the digital representation of interests in Hashnote International Short Duration Yield Fund Ltd, a tokenized money market fund (TMMF) registered in the Cayman Islands (the “Fund”). The Fund invests primarily in reverse repurchase agreements backed by U.S. government securities. The Fund offers near-instant redemption into USDC. USYC will also be natively issued on BNB Chain, increasing its on-chain accessibility to more users.

cUSDO is a wrapped version of OpenEden OpenDollar (“USDO”), a rebasing yield-bearing stablecoin issued by OpenEden Digital, a Bermuda-licensed and regulated entity. cUSDO and USDO let holders earn yield generated from reserves backed by U.S. Treasury bills and reverse repurchase agreements.

Binance’s Global and Growing Banking Triparty Coverage

Binance was the first crypto exchange to introduce a triparty banking solution modeled after traditional finance in 2023, enabling institutional clients to custody their trading collateral under their own corporate account with a network of regulated banking partners, while enjoying seamless access to Binance’s full suite of institutional solutions and unparalleled deep liquidity.

To meet demand, Binance has expanded its network of triparty bank partners to enable institutional clients worldwide to meet their risk controls and confidently enter crypto while scaling for growth. With Binance Banking Triparty, clients can scale their trading activity on Binance in line with their capital, directly enhancing liquidity on the exchange to benefit all users.

From now until 2026, Binance is waiving banking triparty fees and will also absorb Ceffu’s MirrorX and MirrorRSV service fees to help more institutions accelerate their adoption. Users interested in Binance’s off-exchange solutions can visit Binance Banking Triparty and Ceffu, or contact their Binance VIP & Institutional representative.

Disclaimer

USYC is a digital asset token. Each USYC token serves as a digital representation of a share of the Hashnote International Short Duration Fund Ltd. (the “Fund”), a Cayman Islands registered mutual fund. The Fund has appointed Circle International Bermuda Limited (“CIBL”), a Bermuda Monetary Authority licensed digital asset business, as its token administrator, responsible for the management of USYC on behalf of the Fund.
Shares of the Fund and USYC are only available to non-U.S. Persons, as defined under the Securities Act of 1933, as amended. Additional eligibility restrictions may apply. For additional details or to request Fund documentation, please contact customer-support@circle.com.

References to the digital assets (USDO and its wrapped version cUSDO) in this communication herein are for information purposes only and are not intended to and do not constitute an offer to sell or the solicitation of an offer to buy, or an invitation to purchase, exchange or subscribe for USDO or cUSDO. USDO and cUSDO are digital assets issued by OpenEden Digital, a digital asset issuer licensed by the Bermuda Monetary Authority and have not been and will not be registered with any regulatory authority or framework, including under the US Securities Act of 1933, as amended, and may not be offered or sold in the US or such other restricted jurisdictions, including jurisdictions where such offer or sale is in contravention of applicable law, except pursuant to an applicable exemption from registration. No public offering of USDO and cUSDO is being made in the US or restricted jurisdictions. To learn more, please visit https://openeden.com/ 

Digital asset prices are subject to high market risk and price volatility. The value of your investment may go down or up, and you may not get back the amount invested. Past performance is not a reliable indicator of future performance. You are solely responsible for your investment decisions and Binance is not liable for any losses you may incur. You should only invest in products you are familiar with and where you understand the risks. You should carefully consider your investment experience, financial situation, investment objectives and risk tolerance and consult an independent financial adviser prior to making any investment. This material should not be construed as financial advice. For more information, see our Terms of Use and Risk Warning.

About Binance

Binance is a leading global blockchain ecosystem behind the world’s largest cryptocurrency exchange by trading volume and registered users. Binance is trusted by more than 280 million people in 100+ countries for its industry-leading security, transparency, trading engine speed, protections for investors, and unmatched portfolio of digital asset products and offerings from trading and finance to education, research, social good, payments, institutional services, and Web3 features. Binance is devoted to building an inclusive crypto ecosystem to increase the freedom of money and financial access for people around the world with crypto as the fundamental means.

For more information, visit: https://www.binance.com