HONG KONG, Jan. 24, 2025 /PRNewswire/ — Today marks the official launch of TalkMoney.com.hk, a new online platform designed to help Hongkongers make smarter, more informed financial decisions. Offering a wide array of resources—including expert insights, articles, guides, and news—TalkMoney.com.hk aims to bridge the financial literacy gap by providing essential tools for personal financial empowerment.
George Tam, co-founder of TalkMoney.com.hk, expressed his excitement about the platform’s launch:
“We’re thrilled to introduce TalkMoney.com.hk to the Hong Kong community. Our goal is simple—to make financial literacy accessible to everyone, regardless of their financial background. Whether you’re just starting your financial journey or looking to enhance your knowledge, we want to provide all the resources you need in one convenient platform.”
TalkMoney.com.hk covers a broad range of personal finance topics, including:
Loans: A comprehensive guide to personal loans, mortgages, car loans, and debt consolidation, with side-by-side comparisons of interest rates, terms, and eligibility.
Investments: Educational resources on stocks, bonds, mutual funds, ETFs, and robo-advisors, alongside expert strategies for managing risk and maximizing returns.
Banking: Advice on savings accounts, current accounts, fixed deposits, and banking products—helping users compare fees, rates, and features.
Budgeting & Saving: Practical budgeting tips, expense tracking, and strategies for growing savings.
Retirement Planning: Essential advice on saving for retirement, pension schemes, and smart investment options for long-term financial security.
Debt Management: Tips for reducing debt, consolidating loans, and managing financial obligations efficiently.
Financial Literacy: A wide range of educational content to enhance users’ understanding of key financial concepts.
In addition to these resources, the platform features a blog with expert commentary and community forums where users can engage, ask questions, and share their personal financial experiences.
About GC Talk
GC Talk Limited is a forward-thinking company focused on financial empowerment. Through TalkMoney.com.hk, the company aims to equip Hongkongers with the tools and knowledge they need to make informed financial decisions that positively impact their lives.
For media inquiries or more information, please contact:
HONG KONG SAR – Media OutReach Newswire – 24 January 2025 – To honour the spirit of the Lunar New Year, LANDMARK presents Flourishing Blooms, a vibrant celebration of artistry and tradition by internationally acclaimed flower artist Nicolai Bergmann. This marks Bergmann’s first major Hong Kong installation, coinciding with the 25th anniversary of his iconic Flower Box. From 23 January to 8 February, LANDMARK will showcase a captivating floral installation at LANDMARK ATRIUM, awash in vibrant red, a timeless symbol of joy, unity, and prosperity.
Internationally acclaimed flower artist Nicolai Bergmann, known for his distinctive blend of Scandinavian and Japanese aesthetics, makes his Hong Kong debut with Flourishing Blooms at LANDMARK. Born in 1976 in Copenhagen, he has established a unique style that captivates audiences worldwide. For this special Lunar New Year installation, Bergmann reimagines his signature Flower Box, trading its classic black for a vibrant, auspicious red. This innovative gift, which has become a beloved classic, showcases his ability to elevate floral design into an art form. The festive red cascades of blossoms create a captivating spectacle at the heart of the atrium, reflecting his ongoing collaboration with leading luxury brands and his role as a prominent representative of Japan in the world of floral artistry.
“My passion lies in discovering new ways to evoke wonder and joy through floral art, pushing the boundaries of its possibilities. The Flower Box is a perfect example of this vision,” says Bergmann. “I wanted to reimagine how flowers can be gifted and displayed, and incorporating the Flower Box into this Lunar New Year installation felt like the ideal way to celebrate this festival. Each box, reimagined in vibrant red for the New Year, is filled with an exquisite blend of flowers, creating a rich tapestry of textures and colours that symbolize abundance and prosperity.”
Flourishing Blooms at LANDMARK invites guests to explore this enchanting floral landscape. Admire the intricate details of the towering Flower Boxes and discover charming details that celebrate the rich symbolism of Lunar New Year. Featuring over 50 types of flowers, the installation is a vibrant tapestry of colour and texture, with cascading blossoms creating a sense of wonder and enchantment.
Guests can also share the joy of the season and take home a piece of artistry by purchasing limited-edition Lunar New Year gifts from Nicolai Bergmann Flowers & Design, available only at LANDMARK from 23 to 26 January. Marking the brand’s first-ever pop-up store in Hong Kong, and the first time these exclusive products have been available for sale here, this is a unique opportunity to acquire a piece of floral artistry. This special edition features a vibrant red box and a unique floral design for this collaboration. In addition to the Flower Box, a selection of auspicious flower arrangements, all designed, produced and sold by Nicolai Bergmann Flowers & Design, will make the perfect Lunar New Year gift, capturing the beauty and artistry of the installation.
“It’s a precious opportunity to share my work with the people of Hong Kong for the first time,” says Bergmann. “I’m delighted to present this installation in Hong Kong and share its message of hope and prosperity with this vibrant city.”
LANDMARK strives to create world-class experiences that captivate and delight visitors. This Lunar New Year, the artistic vision of Nicolai Bergmann transforms LANDMARK ATRIUM into an unforgettable celebration of art, nature, and the spirit of the New Year. Discover the magic of Flourishing Blooms at LANDMARK.
Appendix
LANDMARK x Nicolai Bergmann Flowers & Design collaborated Lunar New Year Flower Box
Pop-up Floral Cart Operation Time: 23 January: 1pm to 6pm 24 to 26 January: 11am to 6pm
Location: Ground Floor, LANDMARK ATRIUM (next to the installation)
Merchandise Details
Joyful Red Flower Box (Small) HK$880
Joyful Red Flower Box (Medium) HK$1,180
Abundance in Bloom – Flower Arrangement (Small) HK$1,700
Abundance in Bloom – Flower Arrangement (Large) HK$2,280
Exclusive Privileges for Visiting Tourists
This Lunar New Year and Valentine’s Day, LANDMARK invites visiting tourists to create unforgettable memories with loved ones. Enjoy exclusive privileges and curated experiences, with rewards totaling over HK$18,000. From 23 January to 16 February 2025, redeem your rewards as you shop, dine, and celebrate at LANDMARK.
Spending Requirement (HK$)
Exclusive Privileges
No spending required
HK$100 Dining Reward X 1 with a minimum spend of HK$500.
HK$200 Shopping Reward x2 with a minimum spend of HK$5,000.
HK$800 Shopping Reward X 2 with a minimum spend of HK$20,000.
Upon spending HK$40,000 or more (up to 3 invoices)
Exclusive dining experience for 2 guests (Valued at over HK$2,600)
Amber: Savour modern French finesse at the 2 Michelin-starred and green-starred Amber, featuring a curated four-course lunch menu with a selection of the restaurant’s signatures for 2 guests.
Ami: Four-course Tasting Lunch for 2 persons (Monday to Saturday).
Café LANDMARK: Nestled in the heart of Hong Kong, savour the exquisite tea set for 2 guests while embracing the opulent surroundings with effortless elegance.
Mandarin Oriental, Hong Kong: Legendary Afternoon Tea for 2 guests at Clipper Lounge or Café Causette.
Enjoy access to our luxury salon with two complimentary BESPOKE Salon Lounge Passes.
This reward is valid until 31 August 2025.
Upon spending HK$100,000 or more (up to 3 invoices)
Receive an HK$5,000 Shopping Reward with a minimum spend of HK$20,000 for your next purchase.
This reward is valid until 31 August 2025.
Upon cumulative spending RMB￥40,000 or more with Alipay CN (within 7 days)
Receive up to RMB￥8,000 additional Shopping Reward.
Promotional period: from 23 January to 22 March 2025.
The issuer is solely responsible for the content of this announcement.
About LANDMARK
LANDMARK represents the epitome of top-tier luxury shopping and lifestyle experiences. Drawing from a rich heritage which began in 1904 – LANDMARK today is the luxury shopping destination of Hongkong Land’s Central portfolio including 4 iconic connected buildings, LANDMARK ATRIUM, LANDMARK ALEXANDRA, LANDMARK CHATER and LANDMARK PRINCE’S. LANDMARK offers approximately 208 of the finest stores and restaurants, all seamlessly linked by pedestrian bridges. From high fashion and accessories to watches and jewellery, from luxury living to beauty and grooming, from international cuisine to authentic gourmet dining, LANDMARK brings the ultimate shopping experience to the discerning customer.
About Hongkong Land
Hongkong Land is a major listed property investment, management and development group. The Group focuses on developing, owning and managing ultra-premium mixed-use real estate in Asian gateway cities, featuring Grade A office, luxury retail, residential and hospitality products. Its mixed-use real estate footprint spans more than 850,000 sq. m., with flagship projects in Hong Kong, Singapore and Shanghai. Its properties hold industry leading green building certifications and attract the world’s foremost companies and luxury brands. The Group’s Hong Kong Central portfolio represents some 450,000 sq. m. of prime property. The Group has a further 165,000 sq. m. of prestigious office space in Singapore mainly held through joint ventures and five retail centres on the Chinese mainland, including a luxury retail centre at Wangfujing in Beijing. In Shanghai, the Group owns a 43% interest in a 1.1 million sq. m. mixed-use project in West Bund, which is due to be completed in 2028. Hongkong Land Holdings Limited is incorporated in Bermuda and has a primary listing on the London Stock Exchange, with secondary listings in Bermuda and Singapore. Hongkong Land is a member of the Jardine Matheson Group.
About Nicolai Bergmann
Born in 1976 in Copenhagen, Nicolai Bergmann is one of the most recognizable flower artists who has established a unique style that blends Scandinavian and Japanese design concepts. With flower design at the core of his practice, Nicolai Bergmann continues to expand his work, especially in the fashion and design fields, collaborating with many leading luxury brands. He is also one of the most well known flower artist to represent Japan.
BEIJING, Jan. 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 China, was recognized for its outstanding Environmental, Social, and Governance (ESG) performance in the 2024 S&P Global Corporate Sustainability Assessment (CSA). To date, Yiren Digital ranked in the top 17% globally within the Diversified Financial Services and Capital Markets sector.
Among the CSA evaluation criteria, Yiren Digital demonstrated notable advancements in information security, business ethics, risk management, and corporate governance. These improvements reflect the dedicated efforts and substantial progress the Company has made in driving sustainable development this year.
The S&P Global CSA is a world-renowned annual evaluation of a company’s sustainability practices. It enables companies to benchmark their performance on a wide range of industry-specific economic, environmental, and social criteria that are relevant to the growing number of sustainability-focused investors and are expected to be financially relevant to corporate success.
Annual ESG Report and Key Achievements
Yiren Digital released its first ESG Report (the “Report”) since its listing, showcasing its progress in 2023 and future ESG targets. In the Report, the Company outlined its goal to reduce the average Power Usage Effectiveness (PUE) of its leased data centers to 1.3 by 2024, underscoring its commitment to green finance and sustainability.
Furthermore, in collaboration with leading partners, Yiren Digital also introduced over 100 environmental protection indicators into its risk control model, effectively identifying potential environmental risks of funding applicants. This initiative directs capital toward green initiatives such as environmental protection, energy efficiency improvement, and the development of clean energy.
Integrating ESG Principles into Corporate Strategy
Yiren Digital has seamlessly integrated ESG principles into its corporate strategy and daily operations, emphasizing long-term value creation and social responsibility. The Company promotes environmental sustainability and protection through green finance initiatives and innovative products that accelerate the global transition to renewable energy.
Furthermore, Yiren Digital leverages AI-powered models to unlock new opportunities to transform the industry. By adopting cutting-edge technology and innovative concepts, the Company is simultaneously driving its own growth and revitalizing the broader industry with sustainable initiatives.
At the heart of these initiatives is a robust ESG governance framework. Yiren Digital adheres to local laws, regulations, and listing requirements and is strengthening its corporate governance system with clearly defined responsibilities and efficient processes. This approach ensures compliance, mitigates risks, and drives sustainable growth
By embedding ESG principles at every operational level, Yiren Digital is making significant progress toward a more sustainable future while delivering long-term value to both society and its shareholders.
Yiren Digital’s unwavering commitment to ESG has earned a number of accolades and honors. In September 2024, Yiren Digital was named “Outstanding ESG Enterprise” at the 2024 Global Zhejiang Entrepreneurs ESG Conference in Hangzhou. Additionally, one of its projects was selected as part of the “2024 Global Zhejiang Entrepreneurs ESG Top 100 Case Studies” and featured in the Zhejiang Entrepreneurs ESG Collection. Earlier in December, Yiren Digital was recognized as an “ESG Innovation Pioneer Enterprise” at 2024 ESG Sustainable Development Ecosystem Conference.
About Yiren Digital
Yiren Digital Ltd. is an advanced, AI-powered platform providing a comprehensive suite of financial and lifestyle services in China. 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.
SHANGHAI, Jan. 24, 2025 /PRNewswire/ — Following the resounding success of the 7th China International Import Expo (CIIE), the CIIE Bureau has embarked on the global promotion of the 8th CIIE, scheduled for 2025, seeking to encourage further integration of enterprises into the vast Chinese market.
As returning participants of the CIIE, Germany, Denmark, and the Netherlands serve as the inaugural stops on the global promotional itinerary. During this journey, two promotional events were held separately — one at Dansk Industri in Denmark and the other at Yu Garden in Hamburg, Germany. A working meeting is scheduled to take place in Tilburg, the Netherlands.
With the exposure of business cooperation opportunities provided by the expo, German companies secured quite large exhibition space at the 7th CIIE, occupying over 26,000 square meters. Industry-leading enterprises such as Heraeus, SCHOTT and Merck made a strong impression in the newly established new materials zone, showcasing a diverse range of high-quality materials and cutting-edge technologies.
Danish innovation in green technologies and solutions shined at the 7th CIIE. Under the meticulous organization of Dansk Industri, there is a dual-booth setup booths themed around life science, health, and food, bringing 18 renowned brands to the forefront, highlighting attractive products and innovative solutions.
In previous editions of the CIIE, Dutch companies have showcased their expertise and innovation across various sectors, ranging from agriculture and consumer goods to semiconductors and healthcare. Alongside big Dutch companies like ASML and Philips, innovative SMEs and startups also actively involved in the 7th CIIE, including those specializing in the dairy industry.
The promotional events emphasized the vast potential of the Chinese market for enterprises from Germany, Denmark and the Netherlands. The newly released Report on the Media Coverage and Influence of the seventh China International Import Expo also demonstrates the expo’s substantial international influence by showcasing its unique openness, diverse highlights, fruitful cooperation outcomes, and multi-platform communication.
First-ever corporation to top Corporate Knights Global 100 twice
14th consecutive year in Global 100 index, 7th top 10 ranking
Follows strong 2024 performance in other key ESG ratings
HONG KONG SAR – Media OutReach Newswire – 24 January 2025 – Schneider Electric, the leader in the digital transformation of energy management and automation, has been named the World’s Most Sustainable Corporation 2025 by Corporate Knights and is the only company to rank first in the Global 100 twice. Schneider Electric previously topped this annual list of the most sustainable publicly listed companies, generating annual revenues of over $1bn in 2021. This unique achievement underlines Schneider’s long-standing commitment and holistic approach to delivering the best environmental, social and governance (ESG) performance possible.
“For many years now, sustainability has been at the heart of what Schneider Electric does. For an IMPACT company it’s more than just a corporate goal, it’s the driving force that shapes our business decisions and inspires our employees,” said Olivier Blum, Schneider Electric’s Chief Executive Officer. “This second title as the World’s Most Sustainable Corporation from Corporate Knights, alongside other key ESG recognitions, is testimony to the valuable, long-term positive impact we have.”
This year, Schneider Electric’s number one position reflects the company’s leadership in sustainable development practices, such as the gender diversity of its executives and board directors, and its innovative solutions to facilitate energy efficiency, electrification and decarbonization. Schneider also obtained strong scores for efforts to decouple its energy consumption and carbon emissions from its business growth, and its strong investment in sustainable research and development. Corporate Knights also called out the link between executive pay incentives and Schneider Electric’s sustainability performance and ESG ratings.
“Schneider Electric’s position at the top of the Global 100 index is remarkable. No other company has accomplished this twice,” said Toby Heaps, Corporate Knights’ CEO. “This success stems from Schneider’s broad impact that goes beyond its own sustainability efforts. Schneider provides the technology to enhance energy efficiency, support decarbonization and help other companies in their sustainable transitions.”
Compiled by the Canadian media and research company, Corporate Knights, the annual Global 100 index is based on publicly disclosed, quantitative data related to resources, employees, suppliers, sustainable revenues, and investment. The Global 100 methodology uses fixed and variable key performance indicators to rank companies among their peers. Schneider Electric has been part of the Global 100 every year for the past 14 years and in the top 10 seven times — a record for its electrical equipment manufacturing peer group.
Being awarded this title in both 2021 and 2025 coincides with the beginning and end of the five-year period of the latest Schneider Sustainability Impact program. This program measures the company’s progress across a range of transformative ESG targets set for the end of 2025 and helps maintain an unwavering focus on achieving both its global and local ambitions.
Schneider’s sustainability leadership is further affirmed with these latest scores from prominent ESG rating providers:
Sustainability External ratings
2024 score
Highlights
Assessed universe (# companies)
S&P Global Corporate Sustainability Assessment (CSA)
86/100
Industry leader
Included in the DJSI World index for the 14th consecutive year and in the DJSI Europe index
13,000
EcoVadis (1)
85/100
Outstanding level for the 2nd consecutive year
Platinum medal (top 1% of all companies assessed) for 5th year
130,000
Moody’s Analytics (Vigeo Eiris)
73/100
Included in the Euronext Vigeo World 120, Europe 120, Euro 120, France 20, and CAC40 ESG indices
4,800
MSCI ESG rating
AAA
Leader among 165 companies in its peer group
AAA for 14th year
Included in the World ESG leaders and Socially Responsible indices
The issuer is solely responsible for the content of this announcement.
About Schneider Electric
Schneider’s purpose is to create Impact by empowering all to make the most of our energy and resources, bridging progress and sustainability for all. At Schneider, we call this Life Is On.
Our mission is to be the trusted partner in Sustainability and Efficiency.
We are a global industrial technology leader bringing world-leading expertise in electrification, automation and digitization to smart industries, resilient infrastructure, future-proof data centers, intelligent buildings, and intuitive homes. Anchored by our deep domain expertise, we provide integrated end-to-end lifecycle AI enabled Industrial IoT solutions with connected products, automation, software and services, delivering digital twins to enable profitable growth for our customers.
We are a people company with an ecosystem of 150,000 colleagues and more than a million partners operating in over 100 countries to ensure proximity to our customers and stakeholders. We embrace diversity and inclusion in everything we do, guided by our meaningful purpose of a sustainable future for all.
First-ever corporation to top Corporate Knights Global 100 twice
14th consecutive year in Global 100 index, 7th top 10 ranking
Follows strong 2024 performance in other key ESG ratings
HONG KONG SAR – Media OutReach Newswire – 24 January 2025 – Schneider Electric, the leader in the digital transformation of energy management and automation, has been named the World’s Most Sustainable Corporation 2025 by Corporate Knights and is the only company to rank first in the Global 100 twice. Schneider Electric previously topped this annual list of the most sustainable publicly listed companies, generating annual revenues of over $1bn in 2021. This unique achievement underlines Schneider’s long-standing commitment and holistic approach to delivering the best environmental, social and governance (ESG) performance possible.
“For many years now, sustainability has been at the heart of what Schneider Electric does. For an IMPACT company it’s more than just a corporate goal, it’s the driving force that shapes our business decisions and inspires our employees,” said Olivier Blum, Schneider Electric’s Chief Executive Officer. “This second title as the World’s Most Sustainable Corporation from Corporate Knights, alongside other key ESG recognitions, is testimony to the valuable, long-term positive impact we have.”
This year, Schneider Electric’s number one position reflects the company’s leadership in sustainable development practices, such as the gender diversity of its executives and board directors, and its innovative solutions to facilitate energy efficiency, electrification and decarbonization. Schneider also obtained strong scores for efforts to decouple its energy consumption and carbon emissions from its business growth, and its strong investment in sustainable research and development. Corporate Knights also called out the link between executive pay incentives and Schneider Electric’s sustainability performance and ESG ratings.
“Schneider Electric’s position at the top of the Global 100 index is remarkable. No other company has accomplished this twice,” said Toby Heaps, Corporate Knights’ CEO. “This success stems from Schneider’s broad impact that goes beyond its own sustainability efforts. Schneider provides the technology to enhance energy efficiency, support decarbonization and help other companies in their sustainable transitions.”
Compiled by the Canadian media and research company, Corporate Knights, the annual Global 100 index is based on publicly disclosed, quantitative data related to resources, employees, suppliers, sustainable revenues, and investment. The Global 100 methodology uses fixed and variable key performance indicators to rank companies among their peers. Schneider Electric has been part of the Global 100 every year for the past 14 years and in the top 10 seven times — a record for its electrical equipment manufacturing peer group.
Being awarded this title in both 2021 and 2025 coincides with the beginning and end of the five-year period of the latest Schneider Sustainability Impact program. This program measures the company’s progress across a range of transformative ESG targets set for the end of 2025 and helps maintain an unwavering focus on achieving both its global and local ambitions.
Schneider’s sustainability leadership is further affirmed with these latest scores from prominent ESG rating providers:
Sustainability External ratings
2024 score
Highlights
Assessed universe (# companies)
S&P Global Corporate Sustainability Assessment (CSA)
86/100
Industry leader
Included in the DJSI World index for the 14th consecutive year and in the DJSI Europe index
13,000
EcoVadis (1)
85/100
Outstanding level for the 2nd consecutive year
Platinum medal (top 1% of all companies assessed) for 5th year
130,000
Moody’s Analytics (Vigeo Eiris)
73/100
Included in the Euronext Vigeo World 120, Europe 120, Euro 120, France 20, and CAC40 ESG indices
4,800
MSCI ESG rating
AAA
Leader among 165 companies in its peer group
AAA for 14th year
Included in the World ESG leaders and Socially Responsible indices
The issuer is solely responsible for the content of this announcement.
About Schneider Electric
Schneider’s purpose is to create Impact by empowering all to make the most of our energy and resources, bridging progress and sustainability for all. At Schneider, we call this Life Is On.
Our mission is to be the trusted partner in Sustainability and Efficiency.
We are a global industrial technology leader bringing world-leading expertise in electrification, automation and digitization to smart industries, resilient infrastructure, future-proof data centers, intelligent buildings, and intuitive homes. Anchored by our deep domain expertise, we provide integrated end-to-end lifecycle AI enabled Industrial IoT solutions with connected products, automation, software and services, delivering digital twins to enable profitable growth for our customers.
We are a people company with an ecosystem of 150,000 colleagues and more than a million partners operating in over 100 countries to ensure proximity to our customers and stakeholders. We embrace diversity and inclusion in everything we do, guided by our meaningful purpose of a sustainable future for all.
KUALA LUMPUR, Malaysia, Jan. 24, 2025 /PRNewswire/ — Webull Securities (Malaysia) Sdn. Bhd. (“Webull Malaysia”), a subsidiary of Webull Corporation, a leading digital investment platform, today announced the launch of US stock and index options trading for retail investors, which officially went live on December 23, 2024. This new feature provides retail investors that have a higher risk appetite with additional alternatives to diversify their portfolios and investment strategies in the US market.
With the introduction of US stock and index options to Webull Malaysia’s suite of products and tools, local retail investors can now explore a range of investment strategies, including hedging and leveraging. Investors will also be able to access real-time options price data such as OPRA and CSMI market data, empowering investors with additional information to make informed investment decisions and to capture market opportunities as they unfold. Furthermore, investors will be able tap on smart trading tools available on the Webull platform, including a customizable Options chain, real-time market charts and research tools to analyse their preferred US equities.
Webull’s tools empower investors to navigate the dynamic trends of US markets effectively while allowing investors to develop robust risk management strategies to manage their portfolio exposure and performance. The Webull platform also enables investors to execute various order types, including market orders, limit orders, stop orders, when trading US options. To celebrate the launch of US options trading and to thank our customers, Webull Malaysia is currently offering a 50% discount on US stock trading commission fees throughout January, which means US stock commission fees are available at only 0.025%, offering the most competitive commission fees across Malaysia. In addition, new users who open an account and trade with Webull can enjoy a 90-day commission-free period.
Webull’s US options feature adopts a flat fee system of USD0.55 per contract, offering greater transparency and a more competitive pricing model compared to other brokerages in the market. Regardless of whether trading US stocks or US options, Webull offers zero platform fees and no hidden charges. Webull’s transparent and straightforward fee structure ensures investors enjoy a stress-free trading experience, free from unexpected costs or fee traps. As a leading US brokerage with more than 40 million downloads worldwide, Webull offers the best and most competitive trading fees for US stocks and US options in the market, complemented by a comprehensive suite of products and functions.
Kenneth Chan, CEO, Webull Malaysia, said, “At Webull Malaysia, we remain committed to introducing new products and features driven by investor feedback and demand. With the launch of US options, investors will be able to diversify their portfolios and trade US equities aligned with their risk appetite. By integrating user insights with our expertise, we will continue to deliver new features and products that provide investors with a seamless and rewarding trading experience.”
With this latest offering, Webull aims to strengthen its position as a market leader in Malaysia’s broking industry, delivering cutting-edge products and services tailored to meet the unique needs of Malaysian investors. In addition to the new US options product, Webull Malaysia currently offers investors a suite of professional trading tools, including over 17 charting tools and more than 58 technical indicators. The platform also provides timely and professional analyst ratings on various equities, helping investors refine their investment strategies and analysis.
Webull is a leading digital investment platform built on next generation global infrastructure. The Webull Group operates in 15 regions globally and is backed by private equity investors located in the United States, Europe and Asia. Webull serves more than 20 million registered users globally, providing retail investors with 24/7 access to global financial markets. Users can put investment strategies to work by trading global stocks, ETFs, options, futures and fractional shares through Webull’s trading platform, which seamlessly integrates market data and information, its user community, and investor education resources. Learn more at https://www.webullcorp.com/.
WUHAN, China, Jan. 24, 2025 /PRNewswire/ — China Automotive Systems, Inc. (NASDAQ: CAAS) (“CAAS” or the “Company”), a leading power steering components and systems supplier in China, today announced that its largest subsidiary by sales, Jingzhou Henglong Auto Parts Manufacturing Co., Ltd. (“Jingzhou Henglong”), achieved a production and sales increase of 35% year-over-year in the fourth quarter of 2024, and reached a new single monthly record high sales and production in December 2024 of more than 620,000 units, a 46.7% year-over-year increase. For 2024, annual production and sales volume exceeded 5 million units, representing an 18.5% year-over-year growth.
The Company also announced that the R-EPS steering product developed for Nanjing Iveco has entered mass production after successfully passing the Production Part Approval Process (“PPAP”) assessment. The R-EPS steering gears feature an electric motor with control unit, and a ball nut and belt drive reduction system, compared with hydraulic pressure, to provide steering assist. R-EPS is lighter with improved efficiency creating increased mileage and range. R-EPS architecture is capable of performing autonomous driving functions such as Automatic Parking, Lane Keep Assist (LKA) and Lane Follow Assist (LFA). R-EPS is compatible with medium- and heavy-duty passenger vehicles and light commercial vehicles.
The success of the R-EPS project is a further testament to CAAS’ superior engineering and technology development by incorporating artificial intelligence. With the growing trend of embracing artificial intelligence in the automotive industry, CAAS accelerated the research and development of innovative electric products, focusing on improved material science and manufacturing processes. All R-EPS products endured intense performance testing to ensure stability and durability.
Nanjing Iveco Automobile Co Ltd is a joint venture between Iveco and Nanjing Automobile (Group) Corporation.
Mr. Qizhou Wu, the Chief Executive Officer of CAAS, commented, “CAAS continues to march forward. In 2024, our existing R-EPS production line could produce 100,000 units per annum, and with the new R-EPS production line expansion, annual production capacity will reach 250,000 units in 2025 and is expected to reach 400,000 units by 2027.”
About China Automotive Systems, Inc.
Based in Hubei Province, the People’s Republic of China, China Automotive Systems, Inc. is a leading supplier of power steering components and systems to the Chinese automotive industry, operating through its sixteen Sino-foreign joint ventures and wholly owned subsidiaries. The Company offers a full range of steering system parts for passenger automobiles and commercial vehicles. The Company currently offers four separate series of power steering with an annual production capacity of over 8 million sets of steering gears, columns and steering hoses. Its customer base is comprised of leading auto manufacturers, such as China FAW Group, Corp., Dongfeng Auto Group Co., Ltd., BYD Auto Company Limited, Beiqi Foton Motor Co., Ltd. and Chery Automobile Co., Ltd. in China, and Stellantis N.V. and Ford Motor Company in North America. For more information, please visit: http://www.caasauto.com.
Forward-Looking Statements
This press release contains statements that are “forward-looking statements” as defined under the Private Securities Litigation Reform Act of 1995. Forward-looking statements represent our estimates and assumptions only as of the date of this press release. Our actual results may differ materially from the results described in or anticipated by our forward-looking statements due to certain risks and uncertainties. As a result, the Company’s actual results could differ materially from those contained in these forward-looking statements due to a number of factors, including those described under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K as filed with the Securities and Exchange Commission on March 28, 2024, and in documents subsequently filed by the Company from time to time with the Securities and Exchange Commission. Any of these factors and other factors beyond our control, could have an adverse effect on the overall business environment, cause uncertainties in the regions where we conduct business, cause our business to suffer in ways that we cannot predict, and materially and adversely impact our business, financial condition and results of operations. A prolonged disruption or any further unforeseen delay in our operations of the manufacturing, delivery and assembly process within any of our production facilities could continue to result in delays in the shipment of products to our customers, increased costs and reduced revenue. We expressly disclaim any duty to provide updates to any forward-looking statements made in this press release, whether as a result of new information, future events or otherwise.
For further information, please contact:
Jie Li
Chief Financial Officer
China Automotive Systems, Inc. jieli@chl.com.cn
www.se.com/hk
www.se.com/hk
