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BRICS media, think tanks convene to promote BRICS cooperation, new vision for Global South

RIO DE JANEIRO, July 19, 2025 /PRNewswire/ — Report filed via Xinhuanet:

Fu Hua, forum chair and president of Xinhua News Agency, delivers a keynote speech at the BRICS Media and Think Tank Forum in Rio de Janeiro, Brazil, July 16, 2025. The forum was held in Rio de Janeiro on Wednesday.
Fu Hua, forum chair and president of Xinhua News Agency, delivers a keynote speech at the BRICS Media and Think Tank Forum in Rio de Janeiro, Brazil, July 16, 2025. The forum was held in Rio de Janeiro on Wednesday.

Over 250 representatives from nearly 150 media outlets, think tanks, government agencies, and regional organizations across 36 countries gathered here on Wednesday for the BRICS Media and Think Tank Forum, an event focusing on how to advance BRICS cooperation and strengthen solidarity across the Global South.

In his keynote remarks, Fu Hua, forum chair and president of Xinhua News Agency, said greater BRICS cooperation has played a critical role in unifying Global South countries, boosting their influence in global affairs, and driving reform in global governance.

As the forum enters its second decade, Xinhua is committed to working with its BRICS counterparts to tell the Global South’s stories more effectively, promote joint research on major issues, and deepen professional collaboration, Fu added.

Zhu Qingqiao, Chinese ambassador to Brazil, in a congratulatory letter, praised the forum’s inclusion of discussions on artificial intelligence and highlighted its role in advancing the outcomes of the 17th BRICS Summit.

Zhu expressed hope that the event would further position BRICS as a platform for South-South cooperation and a voice for reform in global governance.

Other speakers echoed their calls. Carlos Hernandez, president of the Central American Parliament, said global governance is in urgent need of new models and new voices.

“The countries represented here today have shown the way forward: one grounded in equitable development, dignity, and multilateralism,” he said.

Mikhail Gusman, first deputy director-general of TASS Russian News Agency, noted that BRICS nations reflect the diversity of emerging economies.

Facing growing global media challenges, BRICS media cooperation has an important role in defending truth, justice and peace, he said.

Tia Ju, vice president of the Legislative Assembly of the state of Rio de Janeiro in Brazil, praised China’s efforts to unite Global South countries and emphasized the need for media collaboration to increase international visibility and influence for BRICS.

Yeidckol Polevnsky Gurwitz, chair of the Asia-Pacific Foreign Relations Committee of the Mexican Senate, said that Mexico shares with BRICS a vision of inclusive growth and fair trade.

“We cannot allow external interference in our development paths. Together, we must build a multipolar world,” she said, referencing China’s concept of building a community with a shared future for humanity.

The forum concluded with the release of a think tank report titled “BRICS Cooperation: Advancing the Collective Progress of the Global South” and the launch of two major initiatives: Global South Joint Communication Partnership Program and “Tapping into BRICS, Voices from the South” Content Collaborative Project.

The forum marked the first full meeting of the BRICS media mechanism since the bloc’s historic expansion and was co-hosted by Xinhua News Agency and Brazil Communication Company under the theme “BRICS United: Forging a New Chapter for the Global South.” 

Technical Resonance, Ecological Win-Win: Baijiayun and Kingsoft Office Co-create New Landscape of Smart Education

BEIJING, July 18, 2025 /PRNewswire/ — Recently, Baijiayun and Beijing Kingsoft Office Software Co., Ltd. (“Kingsoft Office”) officially announced a strategic partnership. This partnership will full leverage the profound accumulation of Baijiayun and Kingsoft Office in the field of AI technology, as well as their rich experience in the implementation of educational scenarios, deeply promote the implementation of AI applications, and thus deeply serve a number of education industry clients, creating a more intelligent and efficient next-generation education solution.

Mr. Yi Ma, CEO of Baijiayun, stated: “Education is the cornerstone of national development, and technology is the core engine driving educational inclusiveness, quality improvement, and efficiency enhancement. Baijiayun has been deeply engaged in the field of educational digitization for many years and has always been committed to using AI and video technology to solve the core pain points of teaching. We are very glad to cooperate with Kingsoft Office, a leader in domestic office software, to create a more intelligent and efficient AI-driven solution, enabling cutting-edge AI technology to truly serve the frontline practice of teaching.”

As a benchmark and leader in the China’s office software field, Kingsoft Office’s products and services covering more than 220 countries and regions around the world, with a monthly active device number as high as 647 million, and a cloud-stored documents volume exceeding 260 billion. Domestically, it’s product of WPS Office has become a national-level office application, serving leading clients in many key industries, including government agencies, finance, energy, education and so on. Kingsoft Office It is a long-term partner of multiple national ministries and commissions and top 500 enterprises. Its profound technical foundation, huge user base, and extensive industry penetration provide a strong and solid foundation and trust endorsement for the rapid popularization and in-depth application of education solutions.

Baijiayun, with AI audio and video technology as its core driving force, has leading strength in the field of educational technology, especially achieving remarkable results in the development of intelligent educational applications. Through its self-developed high-performance audio and video engine, Baijiayun’s educational services have deeply reached more than 100 million teachers and students, forming an education solution matrix covering the entire teaching process and spanning basic education, higher education, vocational education and so on, and has become an indispensable technical force in the digital transformation of education.

The key to this strategic partnership lies in the in-depth integration of Baijiayun’s leading advantages in three dimensions – underlying audio and video technology, educational scenario-based capabilities, and AI innovation – with Kingsoft Office’s WPS Smart Education Platform, jointly shaping the core competitiveness of the next generation of smart education.

At the underlying technology level, Baijiayun’s self-developed high-performance underlying audio and video capabilities serve as a solid technical foundation, which provides stable, high-definition, and low-latency real-time interactive experience. Combined with the reliability of the multi-cloud hybrid architecture, it ensures that online teaching is as smooth and natural as offline teaching, significantly enhancing the sense of presence and effectiveness of remote teaching and providing strong support for all online education scenarios.

At the scenario-based capabilities level, Baijiayun’s rich product experience accumulated over years of deep engagement in education is an important source of empowerment. The mature methodologies formed by Baijiayun in aspects such as large-class teaching operation, small-class interactive design, and one on one personalized teaching support will help the WPS platform flexibly meet diverse needs ranging from K12 classrooms to university seminars, from regular teaching to special training, effectively enhancing the platform’s educational service capabilities and user experience.

At the intelligent driving level, Baijiayun’s cutting-edge strength in the field of artificial intelligence is a key upgrade engine. Its AI knowledge base has excellent document understanding and structured data processing capabilities, which can efficiently analyze complex teaching materials and data tables. Baijiayun’s AI agent ecosystem contains a rich matrix of intelligent interaction tools, which not only reconstructs the modes of knowledge acquisition and teacher-student interaction but also continuously optimizes the service experience through its self-evolving capabilities.

Look forward to the future, the strategic partnership between Baijiayun and Kingsoft Office will significantly accelerate the large-scale implementation process of AI technology in core educational scenarios. Relying on the new smart education platform, the two enterprises will deeply serve education industry clients, jointly explore the in-depth application and value realization of cutting-edge AI technologies such as AI intelligent interactions in key education components.

By jointly creating industry benchmark cases and continuously expanding the effectiveness boundaries of smart education, Baijiayun and Kingsoft Office are committed to deeply empowering the education industry with innovative AI capabilities, building a more intelligent and efficient new paradigm of educational services, and jointly leading the future landscape of China’s educational digitization development.

About Baijiayun Group Ltd 

Baijiayun is a one-stop AI video solution provider with core expertise in SaaS/PaaS solutions. Baijiayun is committed to delivering reliable, high-quality video experiences across devices and localities and has grown rapidly since its inception in 2017. Premised on its industry-leading video-centric technologies, Baijiayun offers a wealth of video-centric technology solutions, including Video SaaS/PaaS, Video Cloud and Software, and Video AI and System Solutions. Baijiayun caters to the evolving communications and collaboration needs of enterprises of all sizes and industries. For more information, please visit www.baijiayun.com.

Safe Harbor Statement

This press release contains certain “forward-looking statements.” These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the parties’ perspectives and expectations, are forward-looking statements. The words “will,” “expect,” “believe,” “estimate,” “intend,” and “plan” and similar expressions indicate forward-looking statements.

Such forward-looking statements are inherently uncertain, and shareholders and other potential investors must recognize that actual results may differ materially from the expectations as a result of a variety of factors. Such forward-looking statements are based upon management’s current expectations and include known and unknown risks, uncertainties, and other factors, many of which are hard to predict or control, that may cause the actual results, performance, or plans to differ materially from any future results, performance or plans expressed or implied by such forward-looking statements. The forward-looking information provided herein represents the Company’s estimates as of the date of this press release, and subsequent events and developments may cause the Company’s estimates to change.

The Company specifically disclaims any obligation to update the forward-looking information in the future. Therefore, this forward-looking information should not be relied upon as representing the Company’s estimates of its future financial performance as of any date subsequent to the date of this press release.

A further list and description of risks and uncertainties can be found in the documents the Company has filed or furnished or may file or furnish with the U.S. Securities and Exchange Commission, which you are encouraged to read. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Accordingly, you are cautioned not to place undue reliance on these forward-looking statements. Forward-looking statements relate only to the date they were made, and the Company undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.

For investor and media enquiries, please contact:

Company Contact:
Ms. Fangfei Liu 
Chief Financial Officer, Baijiayun Group Ltd
Phone: +86 25 8222 1596
Email: ir@baijiayun.com

Tag along with Simon at CISCE: Where advanced manufacturing takes flight

BEIJING, July 18, 2025 /PRNewswire/ — This is a report from China.org.cn:

At the 3rd China International Supply Chain Expo (CISCE), Canadian host Simon embarked on an immersive exploration of the advanced manufacturing zone—highlighting how global supply chains are accelerating the future of aviation, drones, and intelligent manufacturing.

At the PwC booth, Simon encountered the VERTAXI eVTOL (electric vertical take-off and landing aircraft), a new-generation passenger drone designed for urban air mobility. Capable of autonomous flight and rooftop takeoff, the aircraft represents a major step forward in the rapidly growing low-altitude economy. PwC also presented a panoramic view of this emerging industry chain, spanning aircraft development, infrastructure, and service platforms.

Simon also visited the JOUAV booth, where he explored how drones are transforming emergency response. From disaster relief and infrastructure inspection to unmanned flight systems, JOUAV’s vertical takeoff UAVs showcase how smart technologies are reshaping real-world applications.

At the Airbus booth, Simon explored a full supply chain ecosystem behind the company’s aircraft. Through conversations with representatives of Airbus and its Chinese partners—including suppliers of titanium alloys, aircraft seating, and recycled composite materials—Simon learned how Airbus has deeply integrated with China’s advanced manufacturing ecosystem. From lightweight ergonomic seats made by Hangyu Jiatai to sustainable recycling solutions led by HRC, each supplier plays a vital role in delivering world-class aircraft.

Through his journey in the advanced manufacturing zone, Simon uncovered a complete industrial process—from R&D and materials to precision parts and intelligent equipment—all enabled by supply chain collaboration. Whether in aerospace, low-altitude mobility, rail transit, or industrial automation, the success of advanced manufacturing depends on seamless global partnerships.

Tag along with Simon at CISCE: Where advanced manufacturing takes flight
http://www.china.org.cn/2025-07/17/content_117983533.shtml

 

Sungrow Unveils Next-Generation Residential ESS

Designed for Reliable Backup Power

PHU QUOC ISLAND, Vietnam, July 18, 2025 /PRNewswire/ — Sungrow, the global leading PV inverter and energy storage system provider, successfully unveils its next-generation residential energy storage system (ESS) at 2025 Southeast Asia Distribution Summit. Featuring the upgraded MG Series inverters, this new solution covers power ranges from 5 kW to 10 kW. With industry-leading features like full-power operation at 45 °C, active PID recovery, and seamless backup power switching within 4ms, this new solution ensures households stay powered even in extreme climates or unstable grid conditions, designed to meet the rising demand for household energy independence across the region.

Sungrow Unveils Next-Generation Residential ESS Designed for Reliable Backup Power
Sungrow Unveils Next-Generation Residential ESS Designed for Reliable Backup Power

MG5/6RL inverters are already available and compatible with over 50 third-party energy storage batteries*. MG8/10RL models and the matching MGL060 battery will be released in Q4 2025.

One System, Endless Lifestyles

  • Start Small, Dream Big: The system scales effortlessly from 5kW to 80kW with support for up to eight units in parallel—making it ideal for everything from compact apartments to spacious villas or future expansions. It’s also compatible with mainstream third-party batteries, offering the flexibility to meet a wide range of application scenarios.
  • Power Your Home, Your Way: Whether starting with solar today or planning for backup power tomorrow, the system adapts as your needs evolve—from PV-only setups to fully off-grid solutions. It also supports versatile configurations, including “Battery Ready” (install the inverter now and add batteries later) and “Backup Only” (a hybrid system without PV panels, offering reliable power during outages).
  • One Port, Triple Functionality: Simplify your energy management with one port designed for three smart applications: Graded Load Management, Diesel Generator Coordination, and PV Expansion. Flexible and efficient, it brings intelligent control to any energy scenario.

Robust Backup for Uninterrupted Power

Seamless Transition, Continuous Comfort: In the event of a grid outage, the hybrid inverter automatically switches to off-grid mode within just 4 milliseconds—ensuring uninterrupted power without light flicker or appliance shutdown. Your daily life stays smooth, even when the grid doesn’t.

Compact Size, Exceptional Power: Despite its small footprint, the system delivers up to 200% overload output for 10 seconds. For example, the MG6RL model can supply 12kW to instantly support high-power appliances like air conditioners, laundry machine during blackouts—making it both reliable and powerful.

Whisper-Quiet Operation: With noise levels as low as 35 dB—quieter than a library—Sungrow’s Immersive Silence technology ensures a peaceful home environment.

Robust Power Generation for Unstoppable Performance

  • Double the Punch, Zero Compromise: With up to 200% DC input and 160% maximum output capacity, the system delivers outstanding performance. For example, a 6kW inverter can simultaneously provide 6kW of rated AC output while charging the battery with 3.6kW of DC power—ensuring maximum energy utilization without compromise.
  • Compatible with diverse PV Panel: Engineered to support up to 20A input current, the system is compatible with virtually all PV modules on the market. No DC energy goes to waste—enabling greater efficiency and seamless integration with your existing or future solar setup.
  • Heat-Defying Performance: Built for extreme conditions, the system maintains full power output even at 45 °C ambient temperature. It ensures stable generation during peak heat hours, boosts self-consumption, and conserves battery power for when it’s truly needed—delivering reliability when it matters most.
  • Grid-Connected PID Repair, 25 Years of Peak Performance: Featuring Sungrow’s patented PID ZERO® technology, the system is the industry’s first to actively recover from PID effects without disconnecting from the grid. It counteracts long-term power loss caused by heat and humidity—ensuring your PV modules stay efficient for 25 years, no extra hardware or rewiring required.

Smarter Energy, Seamless Control

  • Touch & Monitor at Your Finger: The intuitive 4.3-inch full-color touchscreen offers real-time monitoring and complete local control. Commissioning takes less than 30 seconds—no internet required, as easy as making tea. Dual LED indicators allow quick system checks at a glance: the left shows system status, while the right displays battery state of charge (SOC).
  • Storm-Ready in One Tap: Prepare for extreme weather or scheduled outages with a single click—activate fast battery charging from the grid and go from 30% to 100% SOC in just one hour (based on a 6kW/6kWh system), giving you peace of mind when it matters most.
  • AI Smart Energy Management: Later integration with Sungrow’s iHomeManager (the forecast-based energy management system) will use AI to tailor energy strategies based on usage patterns, weather forecasts, dynamic electricity tariff, and extreme weather alerts, optimizing energy dispatch and boosting household green energy benefits by more than 12%*.

Coming Soon: Longer Lasting, Safer, More Flexible Batteries

Launching in Q4, the new MGL060 battery features large-capacity 314 Ah LFP cells with 8000 cycles (EOL 60%), delivering triple the lifespan of average industry offerings. Its pack-level DC/DC energy optimization works like a dedicated optimizer for each cell group, ensuring each operates independently and efficiently, even when new and old batteries are mixed.

*Notes: Data based on households configured with PV–ESS–EV charging system and heat pumps; actual benefits may vary depending on load types and capacity.

About Sungrow

Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 28 years. As of December 2024, Sungrow has installed 740 GW of power electronic converters worldwide. The Company is recognized as the world’s most bankable PV inverter and energy storage company (BloombergNEF). Its innovations power clean energy projects across the globe, supported by a network of 520 service outlets guaranteeing excellent customer experience. At Sungrow, we’re committed to bridging to a sustainable future through cutting-edge technology and unparalleled service. For more information, please visit: www.sungrowpower.com

KuCoin Launches xStocks, Delivering a One-Stop Access Point to Top Global Tokenized Equities for the World’s Most Extensive Crypto User Base

VICTORIA, Seychelles, July 18, 2025 /PRNewswire/ — KuCoin, a leading global cryptocurrency exchange, officially announced the listing of xStocks and its joining of the xStocks alliance. xStocks are tokenized stocks powered by Swiss-based company Backed. This launch marks a significant step forward in KuCoin’s expansion of multi-asset allocation capabilities.

The first batch of supported assets includes SPYx (S&P 500 ETF), CRCLx (Circle), TSLAx (Tesla), MSTRx (MicroStrategy), and NVDAx (NVIDIA)—all tokenized equities backed 1:1 by real stocks held in secure, bankruptcy remote collateral accounts, and issued on the Solana blockchain.

Capturing a Dual-Cycle Growth Opportunity: Bridging Traditional and Crypto Assets
On July 10, 2025, NVIDIA became the first publicly listed company to surpass a $4 trillion market capitalization. Just days later, on July 14, Bitcoin reached an all-time high, breaching $120,000 for the first time.

As traditional equities and crypto assets simultaneously enter bullish territory, xStocks offer global investors a new paradigm of portfolio construction—”with tokenized NVIDIA in one hand, Bitcoin on the other.”

As the first USDT-denominated tokenized equity platform accessible in the largest number of countries and regions, KuCoin’s listing of xStocks opens a low-barrier, highly efficient, and transparent investment gateway, empowering users to seamlessly move between top US equity exposure and crypto assets.

A Truly Global Asset Allocation Platform: Empowering Long-Term User Value
As one of the most internationally accessible crypto trading platforms, KuCoin currently serves over 41 million users across 200+ countries and regions. Committed to user asset safety and long-term value creation, KuCoin continues to build a comprehensive, sustainable, and robust product ecosystem designed to empower global investors.

The xStocks product line is grounded in transparency and composability, with the following structural safeguards:

  • Each tokenized asset is fully backed 1:1 by real stocks held in third-party regulated custodian banks, in a bankruptcy remote structure.
  • Tokens are issued under an approved EU prospectus and tokenized following the Swiss DLT Act.
  • Token holders have the primary claim to the value of any held collateral.
  • Proof of Reserves, powered by Chainlink, coming soon for xStocks.

Unlocking Greater Flexibility: Smarter Allocation, Seamless Execution
The launch of xStocks enhances capital efficiency and portfolio agility for crypto-native users, while also providing new tools to balance risk and reward across market cycles:

  • Flexible allocation, diversified exposure: Users can tailor portfolios to their risk preferences by allocating between exposure to US ETFs, high-growth tech stocks, and digital assets—blending conservative and aggressive strategies.
  • Unified trading, frictionless switching: Through KuCoin’s account, users can effortlessly swap between tokenized stocks and crypto using USDT, without fiat onramps or platform switching. A true one-account solution for global multi-asset investing.

BC Wong, CEO of KuCoin, commented:
“At KuCoin, we are dedicated to building a secure and trustworthy investment platform centered on user asset protection and long-term value growth. The launch of xStocks is not only a key extension of our global asset offering—it’s a strategic milestone in bridging traditional finance and the Web3 ecosystem. Moving forward, we will continue expanding quality listings and refining the user experience, helping investors capture global growth opportunities—all in one account.”

About KuCoin

Founded in 2017, KuCoin has established itself as one of the most globally recognized and reliable cryptocurrency platforms, built on a robust and secure foundation of cutting-edge blockchain technology, liquidity solutions, and enhanced user account protection.

With over 41 million users across 200+ countries and regions, KuCoin is committed to empowering the digital economy by providing secure, innovative, and compliant solutions tailored to meet the needs of its global community. KuCoin offers access to 1,000 digital assets and a diverse range of digital assets solutions, including web3 wallet, Spot trading, Futures Trading, institutional wealth management services, and payments.

KuCoin’s dedication to excellence has garnered prestigious recognitions, such as being named among Forbes’ “Best Crypto Apps & Exchanges” and one of the “Top 50 Global Unicorns” by Hurun in 2024. KuCoin has successfully achieved SOC 2 Type II and ISO 27001:2022 Certifications, which provide a structured approach to managing information security, covering aspects like risk management, access control, data governance, and incident response.

In 2022, KuCoin raised over $150 million in investments through a pre-Series B round, bringing total investments to $170 million with Round A combined, at a total valuation of $10 billion, underscoring its legitimacy and stability in the rapidly evolving digital finance landscape.

Under the leadership of its new CEO, BC Wong, KuCoin reaffirms its commitment to global growth, innovation, and meeting the highest standards of security and regulatory compliance. As a trusted and forward-looking platform, KuCoin strives to deliver a secure, transparent, and reliable ecosystem for users to thrive in the digital economy.

About Backed

Founded in 2021, Backed is the leading issuer of compliant tokenized equities and ETFs, including the innovative xStocks line of products. Backed’s products are freely transferable ERC-20 and SPL tokens compatible with Ethereum and Solana DeFi ecosystems. For more information, please visit https://backed.fi/ 

 

BeLive Holdings Launches Groundbreaking Creative Subsidiary Led by Award-Winning Visionary

SINGAPORE, July 18, 2025 /PRNewswire/ — BeLive Holdings (NASDAQ: BLIV), a technology solutions provider in white-label live and video streaming solutions, proudly announces the launch of its new content production and creative subsidiary, BeLive AI Studios Pte Ltd, a bold new venture set to redefine storytelling for the digital generation.

Spearheaded by celebrated director and producer, Cho Jun Ming, the new studio will specialize in social realism content and visually arresting, emotionally charged advertising, blending cinematic storytelling with digital-first sensibilities to deliver authentic, high-impact content.

“This is more than just a creative arm. It’s our declaration that content and technology must co-exist to shape the future of digital engagement,” said Kenneth Tan, CEO of BeLive Holdings. “With this launch, we’re not only empowering brands to tell better stories. We’re building the creative infrastructure of tomorrow.”

This expansion allows BeLive to move beyond streaming infrastructure into premium content creation, bringing together technological scale and storytelling excellence under one roof.

The studio will serve brands, agencies, and platforms across Southeast Asia and global markets by delivering raw, resonant, socially grounded narratives through formats designed for the attention economy.

“In a content-saturated world, authenticity wins,” says Cho Jun Ming, Creative Director of the new studio. “We’re not just making content, we’re capturing the unfiltered essence of modern life in every frame.”

From bite-sized human dramas to powerful branded storytelling, the studio’s work will challenge conventions, spark conversation, and move audiences, anchored in truth, emotion, and cultural relevance.

About BeLive Holdings

Headquartered in Singapore, BeLive provides live commerce and shoppable short videos solutions (“BeLive Solutions”) to international retail companies and e-commerce marketplaces. Our BeLive Solutions enable our customers to leverage the power of interactive and immersive live and video commerce to their online business and enable our customers to curate unique videos that may also be aired real-time as they are simultaneously being recorded, for anytime instant replay. We categorize our BeLive Solutions into (i) an enterprise-grade BeLive White Label Solution which is customized to meet a customer’s unique requirements, and which can be integrated into their existing internal system and (ii) a cloud-based software-as-a-service (SaaS) solution (“BeLive SaaS Solution”) for customers who are looking for a quick and cost-effective live commerce and shoppable short video solution without the necessity of building their own infrastructure and technology stack. 

About BeLive AI Studios Pte Ltd

Headquartered in Singapore, BeLive AI Studios Pte. Ltd. (“BeLive AI Studios”) is the content production and creative subsidiary of BeLive Technology (NASDAQ: BLIV). We specialize in the creation of high-impact branded content, emotionally resonant advertising, and immersive social realism content tailored for digital-first audiences.

The studio blends cinematic storytelling with deep cultural insight, producing narrative-driven campaigns that captivate, provoke, and connect. Led by an award-winning director and producer, Cho Jun Ming, BeLive AI Studios is built on the belief that authentic stories told with craft and purpose to drive deeper engagement and brand resonance.

We offer full-spectrum creative production services, from concept development to post-production, with a focus on short-form, mobile-first content designed for the modern attention span. Whether collaborating with global brands or pioneering original content formats, we push creative boundaries using the same innovation-driven mindset that powers BeLive’s technology platforms.

For more information, please visit: www.belivestudios.com

Forward-Looking Statements

This press release contains forward-looking statements. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may, “will, “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the uncertainties related to market conditions and the completion of the initial public offering on the anticipated terms or at all, and other factors discussed in the “Risk Factors” section of the Company’s registration statement filed with the SEC. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

Why a 72-year-old American CEO wants to move his factory to China – What makes China’s supply chain so attractive?

BEIJING, July 18, 2025 /PRNewswire/ — A news report from China.org.cn on China’s supply chain:


Why a 72-year-old American CEO wants to move his factory to China – What makes China’s supply chain so attractive?

Jeff Bowman, a 72-year-old American CEO, is considering moving his factory to China.

Bowman’s factory produces a specialized compound used in textiles for garments and outdoor gear, with production spanning both China and the U.S. However, the tariff hike levied on Chinese goods by the U.S. government has disrupted what was once a smooth-running supply chain. The unpredictable and shifting U.S. trade policies have forced Bowman to rethink his supply chain strategy to avoid further uncertainty.

Contrary to the U.S. government’s hopes for industrial reshoring, many American business owners like Bowman are planning to shift parts of their U.S.-based production to China, to benefit from the country’s well-developed infrastructure and vast consumption market.

The 3rd China International Supply Chain Expo (CISCE) has drawn a crowd of domestic and international exhibitors, testifying to the strong appeal of China’s supply chains. This year’s event has attracted more than 650 exhibitors from 75 countries, regions, and international organizations, with the number of American exhibitors up 15% from the previous edition.

The ever-growing international presence at CISCE is owed to the stability, innovation, openness, and win-win cooperation that define China’s supply chains.

In recent years, China has focused on strengthening both the weak and strong links along its supply chains, a key driver of its stability and innovation. On the one hand, efforts have been dedicated to tackling bottlenecks in key technological areas like basic materials and core components, addressing vulnerabilities and boosting resilience. On the other hand, China is pushing its competitive industries such as machinery and new energy further up the value chain to become more cutting-edge. In a nutshell, innovation reinforces stability, which, in turn, fuels innovation.

Openness and win-win results are the defining features of China’s supply chains. One tree does not make a forest. All countries occupy different positions and enjoy varying comparative advantages within the global supply chain, and only through openness and collaboration can win-win results be achieved. At this year’s CISCE, Chinese and international exhibitors along the same supply chains have collaboratively set up joint booths to showcase key materials, technologies, and products across upstream, midstream, and downstream segments, facilitating resource coordination. Countries including Singapore and Peru, as well as multinational corporations such as Starbucks, Walmart, and Genertec, are hosting dedicated sessions at the CISCE, seeking friends, partners, application scenarios, and practical solutions.

Whether it’s Bowman who wants to move his factory to China, or the exhibitors who are closing big deals at the CISCE, they are “voting with their feet,” their choices speak for themselves. 

Supply chains that are stable, innovative, open, and built on win-win cooperation are a true common language. And that is precisely where the strength and appeal of China’s supply chains lie.

China Mosaic
http://www.china.org.cn/video/node_7230027.htm
Why a 72-year-old American CEO wants to move his factory to China – What makes China’s supply chain so attractive?
http://www.china.org.cn/video/2025-07/18/content_117985308.shtml

 

TECO Wins Major Hyperscale Data Center MEP Projects in Malaysia

TAIPEI, July 18, 2025 /PRNewswire/ — TECO Electric & Machinery Co., Ltd. (TWSE: 1504) has announced a major milestone following its March acquisition of Malaysian MEP engineering company NCL Energy. The company has secured significant data center projects in Selangor and Johor Bahru, marking its entry into the hyperscale data center sector. With a combined capacity of 178 MW, these two contracts have a total value exceeding MYR 170 million (approximately TWD 1.17 billion).

Chairman Morris Li emphasized that these major projects highlight not only TECO’s advanced technical capabilities in hyperscale data center MEP engineering but also showcase its Intelligence Energy Business Group’s competence in project integration and execution on the international stage. As Malaysia rapidly becomes a key data center hub in Southeast Asia, these contract awards support TECO in broadening its footprint in the data center infrastructure market.

Seizing Hyperscale Data Center Opportunities to Expand Regional Footprint

TECO group now holds a key position in MEP engineering sector and is recognized as an industry expert in fiber connectivity for hyperscale data centers. The company is also dedicated to structured cabling and connection solutions in the country. The TECO team will undertake the Elmina Business Park project in Selangor, which includes server room installations and the deployment of hyperscale fiber-optic communication infrastructure. In Johor Bahru, the Sedenak Tech Park project will similarly focus on fiber-optic solutions for hyperscale data centers. TECO noted that major global tech giants are accelerating the deployment of hyperscale data centers in Southeast Asia. In response, TECO will continue to pursue opportunities for its full product portfolio to enter this market, further expanding its data center business footprint.

Pioneering the World’s First Ultra-High-Capacity Fiber Cable Installation in Singapore

In addition to its progress in Malaysia, TECO revealed that its Intelligence Energy Business Group is currently executing a data center MEP project in Singapore, which includes the installation of the world’s first 13,864-core hyperscale fiber-optic cable. This cutting-edge engineering competence will help the client build a high-speed, stable, and scalable data transmission architecture, significantly boosting the overall performance of the data center. In Singapore, TECO has amassed over a decade of expertise in data center MEP engineering, delivering integrated solutions totaling more than 240MW in capacity.

Combining Global Expertise with Local Strength to Set a Benchmark in MEP Integration

Beyond its extensive engineering experience, TECO also manufactures and supplies core MEP products essential for data center construction, including modular solutions such as high-efficiency motors, busways, generators, transformers, and switchboards.

TECO stated that its total installed capacity for data center projects across Taiwan and Southeast Asia has exceeded 700MW. Moving forward, TECO will continue to leverage its international project expertise and strong local teams to deliver reliable, efficient, and flexible one-stop solutions—establishing itself as a leading brand in smart energy and integrated MEP engineering.

TECO website: https://www.teco.com.tw/