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Building Smarter Equipment: SANY Is Accelerating Intelligent Transformation

SHANGHAI , Aug. 7, 2025 /PRNewswire/ — Amid the global shift toward intelligent and low-carbon manufacturing, SANY has been committed to its strategy of “Globalization, Digitalization, Decarbonization”. By focusing on intelligent products, manufacturing, and operations, the company is accelerating its transition from a traditional equipment manufacturer to a data-intelligent terminals provider.

 

SANY’s autonomous paving & compaction fleet

To support this shift, SANY is upgrading core equipment with automation, digitalization, and intelligent technologies, while rapidly expanding global smart manufacturing and digital operation systems. The company has now established intelligent research institutes across all R&D centers. Leveraging technologies such as the Internet of Vehicles (IoV), artificial intelligence, and big data, SANY has developed a diversified portfolio of smart products covering multiple application scenarios.

Intelligent Deployment Across Key Industries

In fields such as mining, urban infrastructure, and energy development, SANY’s intelligent products are already in operation.

In Inner Mongolia, 40 autonomous off-highway mining trucks operate in coordinated 24/7 fleets at a major coal mine; In Kunming, unmanned loaders run nonstop at a concrete batching plant; SANY Heavy Truck’s smart fleet management system enables a 15-member team to manage over 200 trucks.

Through these deployments, SANY integrates equipment, workflows, and digital systems, enabling machines to “think, decide, and collaborate”.

Road Machinery as a Smart Showcase

In SANY’s smart innovations, the autonomous paving & compaction fleet has become a standout example. On July 16, SANY hosted its first Global Road Machinery Premium Customer Summit in Changsha, where over 600 customers from nearly 40 countries witnessed its intelligent paving solution in action.

During the demonstration, an autonomous paver laid a 100-meter asphalt road with high precision, followed seamlessly by two double-drum rollers and two pneumatic rollers. The real-time coordination and quality impressed customers across the board.

Since launching its first-generation unmanned road machine fleet in 2019, SANY has developed it to the third generation, now equipped with:

  • Precision Control: Self-developed technology integrating perception and positioning for precise curb detection, enabling zero-edge deviation.
  • Enhanced Safety: Unmanned driving system, LiDAR & vision fusion for obstacle avoidance, reducing over 60% on-site workforce.
  • Smart Optimization: Automatically adjust compaction methods based on site conditions while ensuring surface layer flatness (σ < 0.75 mm).

The autonomous fleet has now been deployed in over 50 projects in China.

Looking ahead, SANY will increase its investment in intelligent and core technologies R&D, and respond to market demands efficiently, continuously delivering cutting-edge, efficient, and green equipment solutions to global customers!

Wi-Charge Adds CMO and VP of People to Executive Team Following Series C Funding

Strategic Hires Underscore Momentum as Company Expands Global Commercialization of Long-Range Wireless Power

TEL AVIV, Israel, Aug. 7, 2025 /PRNewswire/ — Wi-Charge, the global leader in long-range wireless power, today announced two key leadership appointments that mark a new phase of growth and global expansion for the company. Renette Youssef has joined as Chief Marketing Officer, and Viki Lindenfeld has been named Vice President of People, signaling Wi-Charge’s shift from R&D to global commercialization following its recent Series C funding round.

“These appointments reinforce our commitment to scale smartly and build for the long-term,” said Ori Mor, Co-founder and Chief Business Officer of Wi-Charge. “Renette and Viki bring decades of leadership across high-growth tech and consumer companies, and they share our vision for a world powered wirelessly. Together, they’ll help us build a magnetic brand, a values-driven culture, and an operating foundation strong enough to lead an entirely new category.”

Renette Youssef, Chief Marketing Officer
Youssef joins Wi-Charge after serving as CMO at additive manufacturing leader Velo3D, where she led the company’s marketing efforts through a period of rapid growth, helping scale revenue from $19 million to over $80 million. She has also held senior marketing roles at CrowdFlower, Clever, Tradeshift, and Livebookings, where she developed a reputation for launching category-defining narratives and leading high-performing global teams.

“This role feels like coming full circle, combining my passion for disruptive tech with the opportunity to shape something transformational,” said Youssef. “Wi-Charge is redefining the future of energy, and I’m excited to uncover market insights and drive product scale as wireless power goes global.”

At Wi-Charge, she will oversee global marketing, product storytelling, go-to-market strategy, and communications as the company expands adoption across commercial industries, including consumer electronics, mobile, retail, hospitality, healthcare, and smart building infrastructure.

Viki Lindenfeld, Vice President of People
Lindenfeld brings nearly 20 years of experience leading HR functions at some of Israel’s most respected technology companies. Most recently, she served as Director of HRBP and Head of Talent Acquisition at Vayyar Imaging, where she scaled operations, led culture development initiatives, and guided leadership development across the company. She has also held senior HR roles at Intel and Micron Technology.

“Wi-Charge is uncovering critical market needs redefining industries, and that demands an equally ambitious culture,” said Lindenfeld. “I’m excited to help shape a company where bold ideas, diverse voices, and purposeful execution thrive.”

In her new role, Lindenfeld will lead global people operations, talent strategy, and culture as Wi-Charge continues to grow across technical and commercial teams.

About Wi-Charge
Wi-Charge is the leading company in long-range wireless power to consumer and commercial devices, designed to enable automatic charging of smart mobile devices, smart building, IOTs, smart home, digital signage, and a wide range of other electronics. Our patented infrared wireless power technology safely and efficiently delivers several watts of power over room-sized distances, freeing end-users from the need for batteries and power cords. By providing product designers with scalable, efficient wireless power, Wi-Charge is shaping the future of smart devices, particularly retail and digital signage. For more information, visit www.wi-charge.com or follow us on LinkedIn.

Media Contact:
Josh Heath
Communications for Wi-Charge
josh@ampliphicommunications.com

LO TING-FAI APPOINTED AS PRESIDENT, WARNER MUSIC APAC

HONG KONG, Aug. 7, 2025 /PRNewswire/ — Seasoned entertainment executive Lo Ting-Fai, known as Lofai, has been appointed as President, Warner Music APAC, at Warner Music Group (NASDAQ: WMG). Effective August 11, he will be based in Hong Kong, reporting to Robert Kyncl, CEO of WMG. All of the company’s recorded music territory heads across the Asia-Pacific region will report to Lofai. 

Lofai joins WMG from telecoms giant PCCW, where he most recently served as CEO of its subsidiary MakerVille, a leading entertainment company which focuses on content creation, artist management, and live events, and COO of Viu, its regional OTT streaming platform. He has also written hit songs under the pseudonym “Yu Ri.”

Lo Ting-Fai says: “I’m excited to be taking up this incredible role. WMG has been rewriting the rules when it comes to how a music company works in our changing industry, and it has massive ambitions for growth in the APAC region. I look forward to collaborating with Robert and WMG’s teams around the world as we help more Asian artists hit the global stage, strengthen our incredible catalog, and find fresh, innovative ways to build passionate, loyal fanbases.”

Robert Kyncl says: “Lofai will oversee many of our highest priority markets both today and in the future, with culturally diverse music scenes, filled with next generation talent and iconic copyrights. He brings his creative flair, business acumen, and connections throughout the digital economy to this super important role. Together, we’re committed to finding and developing artists with massive creative and commercial impact, evolving our suite of services, and growing our market share across the region.”  

Born and raised in Hong Kong, Lofai started his career in radio, before he pivoted to become a creative at some of the world’s leading advertising agencies, such as Wieden+Kennedy and CTWCM. He went on to work for Apple as its Creative Director for Asia Pacific, before joining PCCW in 2010. He studied at the Chinese University of Hong Kong, the University of Oxford, and Harvard Business School. 

Access accompanying image here

About Warner Music Group
Warner Music Group (WMG) brings together artists, songwriters, entrepreneurs, and technology that are moving entertainment culture across the globe. Operating in more than 70 countries through a network of affiliates and licensees, WMG’s Recorded Music division includes renowned labels such as 10K Projects, 300 Entertainment, Asylum, Atlantic, Big Beat, EastWest, Elektra, Erato, First Night, Fueled By Ramen, Nonesuch, Parlophone, Reprise, Rhino, Roadrunner, Sire, Spinnin’, Warner Records, Warner Classics, and Warner Music Nashville. WMG’s music publishing arm, Warner Chappell Music, has a catalog of over one million copyrights spanning every musical genre, from the standards of the Great American Songbook to the biggest hits of the 21st century. Warner Music Group is also home to ADA, which supports the independent community, as well as artist services division WMX. Follow WMG on Instagram, X, TikTok, LinkedIn, and Facebook.

Media Contacts
Alex Jacob
Alex.Jacob@warnermusic.com

Angela Leung
Angela.Leung@warnermusic.com 

 

CreateAI Launches Asia’s Largest Motion Capture Studio

Company Sets New Standard for Digital Content Creation

BEIJING, Aug. 7, 2025 /PRNewswire/ — CreateAI Holdings (“CreateAI” or the “Company”) (OTC: TSPH), a leader in applied artificial intelligence technology, today announced the official opening of its cutting-edge motion capture center located within the China Film Production Base in Beijing’s Huairou District. Spanning 2,000 square meters and equipped with 130 state-of-the-art Vicon VK26 optical cameras, the facility is Asia’s largest and most advanced motion capture center, poised to redefine high-precision content production for AAA video games, films, and animation.

CreateAI Launches Asia’s Largest Motion Capture Studio
CreateAI Launches Asia’s Largest Motion Capture Studio

This milestone further underscores CreateAI’s commitment to bring its “Heroes of Jin Yong” (a video game based on the legendary IP from Louis Cha) to life with unmatched video graphics, action sequences, and a fully immersive open-world experience.

Industry-Leading Technology for Unmatched Precision 

The CreateAI motion capture center integrates world-class hardware with innovative workflows to deliver exceptional accuracy and scalability, setting a new benchmark for the industry: 

  • Sub-Millimeter Precision: Powered by 130 Vicon VK26 cameras with 26.2-megapixel resolution, the studio achieves sub-millimeter accuracy, enabling simultaneous capture of up to 10 performers’ complex movements, including detailed limb interactions and facial expressions. This capability supports intricate scenes such as multi-character combat or animal motion, significantly streamlining production timelines compared to traditional two-person setups. 
  • Seamless Film-Grade Workflows: Equipped with Genlock and Timecode systems, multi-point rigging, and real-time audio capture, the studio ensures end-to-end synchronization from motion capture data to pre-visualization, catering to virtual shoots, film effects, and studio productions with industrial-grade efficiency. 
  • Advanced Control and Data Security: A 40-square-meter control room provides real-time multi-angle monitoring, instant keyframe playback, and secure data management, supported by UPS power systems and high-speed delivery networks for reliable, large-scale project execution.

A Full-Spectrum Creative Ecosystem 

Designed as a one-stop production hub, the studio supports the entire creative process, from actor preparation to post-production, enhancing efficiency and innovation across diverse applications: 

  • Full-Cycle Facilities: The studio features dedicated spaces for makeup, props, offices, and meetings, minimizing cross-location coordination and enabling seamless workflows for films, video games, and animation projects. 
  • Cutting-Edge Data Services: The studio supports embodied intelligence research, high-precision positioning for drones and automated guided vehicles (AGVs) and AIGC training for complex motion datasets, particularly in stylized movements like martial arts and dance, enhancing AI-driven content creation.

“The opening of our motion capture center marks a pivotal step in our mission to elevate the AAA video game and digital content industries,” said Cheng Lu, President and CEO of CreateAI. “By convening world-class technology with a seasoned creative team and robust production ecosystem, we’re empowering content developers to bring their visions to life in completely new ways, pushing the boundaries of digital storytelling – and doing so at significant scale. The results are very exciting.” 

Located within the China Film Group Digital Film Production Base — one of China’s most storied cinematic production landmarks — CreateAI’s motion capture center is strategically positioned as a global hub for digital content innovation and production.

About CreateAI

CreateAI is a global applied artificial intelligence company with offices in the US, China, and Japan. The Company is developing leading AI technology for a number of end-use applications and pioneering the future of digital entertainment content production, seamlessly blending cutting-edge generative AI technology with the creativity of world-class talent. Our mission is to redefine the boundaries of what’s possible in digital storytelling by developing immersive, captivating, and visually stunning experiences that resonate with audiences on a global scale.

CreateAI Media Contact:
Brad Burgess
ICR, LLC
Email: CreateAI.PR@icrinc.com 

Alibaba.com’s CoCreate 2025 Highlight s Global Shifts in Entrepreneurship

From over 20,000 entries worldwide in its $1 million pitch competition, AI emerges as a necessity for entrepreneurs, while innovations focused on women and sustainability drive new business trends

NEW YORK, Aug. 7, 2025 /PRNewswire/ — Alibaba.com, a leading business-to-business (B2B) e-commerce platform, today announced that CoCreate Pitch , the world’s largest product-focused pitch competition, has received over 20,000 submissions ahead of its first application deadline on August 15. The overwhelming response reflects a new wave of global entrepreneurship defined by technological accessibility, niche innovation, and purpose-driven ambitions .

These unique submissions show how Artificial Intelligence (AI) is increasingly empowering entrepreneurs to bring product ideas from prototypes to global markets, how women entrepreneurs are playing pivotal roles, and how Gen Z founders are focusing on solving real-world issues rather than merely chasing profits.

AI Becomes Essential Infrastructure for Startups

AI is no longer a luxury—it is becoming the essential infrastructure for modern entrepreneurship. Among submitted pitch ideas, 63.5% include plans to leverage AI or machine learning , and more than 400 projects directly incorporate AI to address real-world needs. The most common AI applications include speech recognition, image processing, and natural language processing. Notably, solopreneurs—founders building their ventures singlehandedly —engaged in  significant AI adoption to reduce costs and expedite product development.

Women-Focused Innovation and Green Entrepreneurship on the Rise

Of the total pitch submissions, 32.7% are centered on categories primarily targeting female consumers and women’s needs, including beauty, fashion accessories, and women’s health. According to the 2023/24 Global Women’s Entrepreneurship Report, the perception of entrepreneurial opportunity among women has grown 79%. In the United States, the number of female-owned businesses has increased 39%, almost double the growth rate of male-owned businesses. Across Europe, countries such as France, the Netherlands, and Hungary have seen female entrepreneurship double over the past two decades. Additionally, 36.1% of pitch submissions tackle environmental challenges, covering renewable energy, waste management, sustainable product design, and carbon reduction. The focus on issues related to sustainability and the environment illustrate how entrepreneurs are approaching their businesses with both profit and purpose in mind.

Niche Markets and Social Purpose Gain Prominence

One of the most distinctive trends in this year’s entries is a strong focus on niche and underserved markets. In fact, 33.9% of applicants are targeting specialized markets, more than those focused on general consumer audiences (29.9%). Products range from fashion tailored to plus-size consumers and sensory-friendly goods for children with ADHD to practical tools designed for mobility-challenged users.

Purpose-driven motivation is also defining a new generation of founders. Among Gen-Z applicants, 33.6% say they started their ventures to address societal problems, while 29.5% are driven by a desire to create social value. Rather than pursuing business for profit alone, these founders are reframing entrepreneurship as a tool for progress, inclusion, and long-term impact.

Influencers Transform into Product Innovation Entrepreneurs

Another prominent trend among this year’s pitch participants is the strong presence of digital-native entrepreneurs with significant social media followings. Many applicants already command large online audiences—some with millions of followers on platforms like Instagram and TikTok. This reflects a growing movement from influencer to product-based entrepreneur, where creators leverage their personal brands and engaged audiences to launch innovative products.

Powering the Next Generation of Product Innovators at CoCreate 2025

Despite their creativity and ambition, many applicants reported significant barriers to launching and scaling their ventures. Notably, 63.7% cited a lack of funding as their biggest challenge. Another 20.5% said they lacked access to proper mentorship, and 17.9% pointed to limited supply chain support. These statistics underscore the ongoing need for infrastructure, community, and investor support across global startup ecosystems.

Launched as part of Alibaba.com’s flagship CoCreate event, CoCreate Pitch invites entrepreneurs from around the world to submit their ideas for innovative products to compete in the total $1 million award pool. Of the thousands of submissions, 100 semi-finalists will be selected to pitch live—70 at CoCreate Las Vegas on September 4–5, 2025, and 30 at CoCreate London on November 14, 2025. Two final grand prize winners (one per region) will each receive $200,000 in a combination of cash and Alibaba.com sourcing credits. An additional 20 finalists will each receive up to $40,000 in similar funding.

In addition to the pitch competition, CoCreate 2025 empowers entrepreneurs by bringing more than 50 vetted manufacturers from Alibaba.com’s global network onsite, showcasing over 20,000 trending product samples from more than 200 suppliers. The event will also debut a “speed-dating” style business matchmaking program, where participants engage in focused 10-minute meetings with decision-makers to review samples, discuss customization, and close deals instantly. In addition, over 100 expert-led sessions will tackle critical challenges for small and mid-sized businesses.

Join CoCreate 2025 for the global sourcing revolution and entrepreneurship excitement, with limited early bird tickets available at: https://registration.eventpack.com/cocreate2025?tracelog=pr0731 

Media Contact:

Mike Hong
mike.hong@alibaba-inc.com

About Alibaba.com

Launched in 1999, Alibaba.com is a leading platform for global business-to-business (B2B) e-commerce that serves buyers and suppliers from over 200 countries and regions around the world. It is engaged in services covering various aspects of commerce, including providing businesses with tools that help them reach a global audience for their products and helping buyers discover products, find suppliers and place orders online fast and efficiently. Alibaba.com is part of Alibaba International Digital Commerce Group.

NYSE Content Advisory: Celebrating Singapore’s 60th Anniversary – A Milestone of Progress

NEW YORK, Aug. 7, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) today extends its heartfelt congratulations to the Republic of Singapore on the occasion of its 60th National Day, celebrated annually on August 9th.

NYSE Trading Floor Media Cubes
NYSE Trading Floor Media Cubes

As a dynamic and forward-looking nation, Singapore has emerged as a vital hub in the global financial landscape, earning widespread recognition for its strong governance, economic resilience, and leadership in innovation. Over the past six decades, Singapore has become not only a regional powerhouse but also a respected voice in the global community, championing collaboration, open markets, and sustainable growth.

“On behalf of the entire NYSE community, we wish Singapore a joyous 60th birthday,” said Cassandra Seier, Head of International Capital Markets at NYSE. “Singapore’s vibrant economy and contribution to the global community is deeply admired. We look forward to continuing our strong connections and fostering even greater collaboration within the interconnected global marketplace.”

The NYSE proudly celebrates Singapore’s achievements and its continued dedication to building a prosperous, inclusive future—both for its citizens and for the international community it so actively engages with.

In that same spirit, this fall, the NYSE will bring together leaders, innovators, and members of the international community to explore new ideas and strengthen the collaborative spirit at NYSE International Day.

NYSE Facade lit for Singapore New Year
NYSE Facade lit for Singapore New Year

 

 

WiMi Explores Quantum Algorithms for Large-Scale Machine Learning Models

BEIJING, Aug. 7, 2025 /PRNewswire/ — WiMi Hologram Cloud Inc. (NASDAQ: WiMi) (“WiMi” or the “Company”), a leading global Hologram Augmented Reality (“AR”) Technology provider, today announced that they are exploring an innovative quantum machine learning algorithm designed to achieve efficient training of large-scale machine learning models by integrating quantum acceleration technology. The core idea of this algorithm is to use classical machine learning algorithms to pre-train dense neural networks, allowing for the preliminary learning of data features. Subsequently, a sparse neural network is constructed, a process that not only reduces the computational burden but also lays the foundation for subsequent quantum acceleration.

Building upon the construction of sparse neural networks, WiMi further developed a quantum ordinary differential equation (ODE) system corresponding to sparse training. This system requires both sparsity and dissipation conditions to ensure the feasibility of quantum acceleration. Sparsity means fewer interaction terms within the quantum system, which helps reduce the complexity of quantum computing. The dissipation condition ensures that the quantum system can stably evolve toward a certain equilibrium state, facilitating subsequent measurements and parameter extraction. To further enhance the algorithm’s computational efficiency and robustness, a quantum Kalman filtering method was employed. This method linearizes the nonlinear equation by transforming the quantum state evolution equation into a linear differential equation, enabling better handling of disturbances such as quantum noise. After solving the quantum system, the state of the quantum system is measured to obtain the final training parameters. These parameters are then used to construct and optimize the classical sparse neural network, thereby improving model performance. The introduction of quantum measurement ensures that the quantum acceleration effect can be practically applied to classical machine learning models, thus achieving an organic integration of quantum and classical computing.

The quantum algorithm for large-scale machine learning models developed by WiMi offers significant technical advantages. By combining sparsity with quantum acceleration, the algorithm notably reduces computational complexity and improves the efficiency and scalability of model training. This makes it possible to achieve rapid training of large-scale machine learning models and helps drive the widespread application of artificial intelligence technologies. Moreover, the application of quantum algorithms will pave new paths for the sustainable development of large-scale machine learning models. Traditional large-scale machine learning model training processes are often associated with massive energy consumption and carbon emissions, while quantum algorithms are expected to reduce energy consumption by lowering computational complexity, thus enabling sustainable development. The construction and solving of the quantum ordinary differential equation system also provides a new framework and methodology for theoretical research in quantum machine learning algorithms. This framework not only helps advance the deep development of the quantum machine learning field but also lays the foundation for the emergence of more innovative algorithms in the future.

With the continuous maturation of quantum hardware and ongoing improvements in quantum algorithm theory, the quantum algorithm for large-scale machine learning models explored by WiMi is expected to demonstrate its revolutionary potential across various fields. For example, in the digital art domain, quantum algorithms can accelerate image and video processing speeds, enhancing the efficiency and quality of digital art creation. In the natural language processing field, quantum algorithms can speed up the training of language models, improving language understanding and generation capabilities, and driving human society toward a more intelligent and efficient future.

About WiMi Hologram Cloud

WiMi Hologram Cloud, Inc. (NASDAQ:WiMi) is a holographic cloud comprehensive technical solution provider that focuses on professional areas including holographic AR automotive HUD software, 3D holographic pulse LiDAR, head-mounted light field holographic equipment, holographic semiconductor, holographic cloud software, holographic car navigation and others. Its services and holographic AR technologies include holographic AR automotive application, 3D holographic pulse LiDAR technology, holographic vision semiconductor technology, holographic software development, holographic AR advertising technology, holographic AR entertainment technology, holographic ARSDK payment, interactive holographic communication and other holographic AR technologies.

Safe Harbor Statements

This press release contains “forward-looking statements” within the 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. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Among other things, the business outlook and quotations from management in this press release and the Company’s strategic and operational plans contain forward−looking statements. The Company may also make written or oral forward−looking statements in its periodic reports to the US Securities and Exchange Commission (“SEC”) on Forms 20−F and 6−K, 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. Forward-looking statements involve inherent risks and uncertainties. Several factors could cause actual results to differ materially from those contained in any forward−looking statement, including but not limited to the following: the Company’s goals and strategies; the Company’s future business development, financial condition, and results of operations; the expected growth of the AR holographic industry; and the Company’s expectations regarding demand for and market acceptance of its products and services.

Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and the current report on Form 6-K and other documents filed with the SEC. All information provided in this press release is as of the date of this press release. The Company does not undertake any obligation to update any forward-looking statement except as required under applicable laws.

Computility Fuels Tomorrow, Forging Innovation in Hong Kong | CMI Successfully Held AI+ Intelligent Computility Collaboration Launch

HONG KONG, Aug. 7, 2025 /PRNewswire/ — China Mobile International Limited (CMI) successfully held “AI+ Intelligent Computility Collaboration Launch” in Hong Kong, China on August 6, 2025, with a concurrent branch venue in Guangdong, China. Centered on the theme “Computility Fuels Tomorrow, Forging Innovation in Hong Kong“, the event highlighted three upgrades in intelligent network capacity enhancement, application integration, and computing ecosystem collaboration. Key releases included the latest submarine cable, the Southeast Asia–Japan Cable 2 (SJC2), and AI+ Smart Finance Solution, alongside CMI’s partnership with Hong Kong Cyberport to advance Hong Kong’s AI industry development and support the city as an international hub for technological innovation. Attendees included Mr. Wang Limin, Executive Director of China Mobile Limited, Ms. Cheong Man-lei, Lillian, JP, Under Secretary for Innovation, Technology and Industry Bureau of the Government of the HKSAR, and Mr. Mu Chenhong, Deputy Director of the Information Center, Liaison Office of the Central People’s Government in the HKSAR. Over 100 representatives and experts from the political, academic and business sectors attended the event, jointly witnessing this important milestone.

Group photo at China Mobile International’s ceremony of SJC2 Commercial Launch and AI+ Smart Finance Solution Launch.
Group photo at China Mobile International’s ceremony of SJC2 Commercial Launch and AI+ Smart Finance Solution Launch.

SJC2, led by CMI and its partners, was officially activated on July 16, 2025. Spanning 10,500 kilometers, SJC2 is designed with a capacity of 126 Tbps. It establishes Hong Kong as one of the key nodes, extending the coverage to other key Asia-Pacific countries and regions. Utilizing the latest optical wavelength division multiplexing technology, SJC2 delivers ultra-low latency across key nodes in Asia-Pacific, reinforcing Hong Kong’s status as a global digital hub.

China Mobile has deployed China’s first commercial use of Hollow-Core Optical Fiber, building the ShenzhenHong Kong low-latency express. With the latency less than 1 millisecond, it achieves the best in the industry. Leveraging this low-latency express, the AI+ Smart Finance Solution integrates Large Language Models (LLM), intelligent algorithms and edge computing power. It enables financial institutions to create innovative scenarios such as intelligent risk control, real-time transactions and intelligent customer service, driving smarter, and more efficient financial services.

In advancing AI ecosystem collaboration, CMI signed a Memorandum of Understanding (MOU) with Hong Kong Cyberport to jointly build an AI ecosystem, facilitating the entry of Chinese enterprises into Hong Kong and supporting Hong Kong tech companies in their global expansion.

China Mobile is committed to developing Hong Kong into a global hub for information convergence, application aggregation, and ecosystem integration. The three key achievements have laid a solid foundation for Hong Kong’s AI development, enriched AI application innovations, and aggregated cross-border AI ecosystems, enabling the expansion from a Chinese ecosystem to a global one. China Mobile has put forward three initiatives: jointly building AI+ infrastructure, collaborating to explore AI+ industry applications, and working together to establish AI+ ecosystem cooperation.

Ms. Cheong Man-lei, Lillian, JP, Under Secretary for the Innovation, Technology and Industry Bureau of the Government of the HKSAR, stated that the Government has placed AI as a key industry. The SJC2, the AI+ Smart Finance Solution and the global AI computing network with collaboration between CMI and Cyberport are highly consistent with the artificial intelligence strategies of the country and Hong Kong. They will help Mainland enterprises to establish in Hong Kong and local enterprises to expand in the international market. Ms. Cheong expressed hope that CMI continuously promotes the projects, and all sectors join hands to develop Hong Kong to become a source of new AI technologies and a demonstration base for application.

Ms. Georgina Chu, Chief Corporate Development Officer of Hong Kong Cyberport, stated that this collaboration with CMI marks an important step in the development of Hong Kong’s technology innovation ecosystem. Both parties will leverage their respective strengths in artificial intelligence, including the computing power of Cyberport’s AI Supercomputing Centre, to jointly promote technological innovation and industrial upgrading. She also anticipates creating more opportunities for Hong Kong’s start-ups and industry partners through resource synergy, aiming to position Hong Kong as a win-win hub along the Digital Silk Road.

China Mobile will continue to empower Hong Kong and the Guangdong-Hong Kong-Macao Greater Bay Area to build an international intelligent computing centre, a fintech highland, and an AI innovation center, unleashing the integrated momentum of intelligent computility, finance, and AI. It will support to build Hong Kong as international hub for technological innovation, and a pivotal gateway for the Belt and Road Initiative, injecting robust impetus into the growth of new productive forces.