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Pedral Watches Launches “Watches & Art: The Best of Both Worlds”

A limited-edition capsule collection with Boris Pjanic and REM Scandinavian Watch Straps

STOCKHOLM, April 17, 2025 /PRNewswire/ — Pedral Watches is proud to unveil Watches & Art: The Best of Both Worlds—a rare, design-driven capsule collection that unites the precision of mechanical timekeeping with the expressive depth of contemporary art. This collaboration brings together Pedral Watches, artist and independent watch dealer Boris Pjanic, and the renowned artisanal leathermakers REM Straps.

At the centre of the collection are five unique dials, each derived from an original painting by Boris Pjanic. A respected name in the independent watch scene and a lifelong artist, Boris translates his brushstrokes into highly detailed, 3D-printed dial artworks—preserving texture, nuance, and emotion in sculptural form.

Each timepiece is housed in Pedral’s signature Artefact case, celebrated for its refined 39mm proportions and balanced silhouette. Paired with organically tanned, laser-etched leather straps by REM, each watch becomes a wearable expression of craftsmanship and creativity.

Technical upgrades include a Miyota Cal. 9039 automatic movement, regulated in-house to ±10 seconds/day, diamond-cut skeleton hands with heat-blued accents, and hand-applied indices. These enhancements elevate each piece, blending engineering excellence with artistic intent.

This edition is strictly limited—just 15 pieces per dial, each one individually numbered and unique. Early clients will receive a complimentary pair of bespoke REM straps. All watches come with a 1-year international warranty.

Launch Schedule
VIP Pre-Orders Open
Easter Sunday, April 20
08:00 — New York (EDT)
14:00 — London (BST)
20:00 — Hong Kong (HKT)

VIP Access Includes:

  • 48-hour early ordering window for subscribers
  • Complimentary REM strap set for the first 25 clients
  • Priority delivery before public release

Public Sale Opens
April 22 at 16:01 CEST
Closes May 4 at 23:00 CEST — or when sold out

Specifications 

  • 3D-printed dials based on Boris Pjanic’s original paintings
  • In-house regulated Miyota Cal. 9039 automatic movement (±10s/day)
  • Diamond-cut skeleton hands with heat-blued accents
  • Hand-applied indices and individually numbered casebacks
  • 39mm Stainless steel Artefact case with scratch-resistant coating (11mm thick, 47.5mm lug-to-lug)
  • Integrated 316L stainless steel bracelet with scratch-resistant coating (HV 1200)
    • Fully articulating solid links
    • Push-button clasp with on-the-fly micro-adjustment
  • Water resistance: 100 meters / 330 feet
  • Flat sapphire crystal with internal Super-AR coating
  • Screw-down crown
  • Laser-etched REM strap matched to each dial
  • 1-year international warranty
  • Carefully packaged with refined essentialsa strap adapter, artisanal leather travel roll, soft polishing cloth, butterfly clasp, warranty card

The Collection

Boris Blue
A soothing tone inspired by Boris’ childhood on the Adriatic coast—fluid, nostalgic, and deeply personal.

Shining Bright Like a Diamond
Painted in a single spontaneous session, this dial glows with movement and colour, catching light like a gem.

Driving Home
Quiet and contemplative—rooted in 1990s memories of night drives and moments of reflection.

Geometry In Play
A dynamic composition balancing freedom and control. Shapes layered with playful, intentional rhythm.

Perpetual Autumn
A warm, symbolic meditation on memory and change. Textured, thoughtful, and richly emotional.

About Boris Pjanic

Boris Pjanic is an artist, collector, and independent watch dealer known for his expertise in vintage Rolex and bespoke dial creation. With a dual background in fine art and horology, he brings a rare perspective to this collaboration—fusing visual storytelling with mechanical beauty.

About Pedral Watches

Founded in Stockholm, Pedral Watches creates limited-run mechanical timepieces with a strong focus on design, storytelling, and individuality. Each release is a reflection of artistic identity, made to be worn, collected, and remembered.

About REM Scandinavian Watch Straps

REM Straps is a Swedish maker of handcrafted, organically tanned leather watch straps. Known for their refined aesthetics and attention to detail, they’ve collaborated with collectors, creatives, and respected platforms like Fratello Watches. For this collection, each strap is laser-etched and colour-matched to its dial—designed to echo the artwork it accompanies.

Press & Media Inquiries

Kevin Pedral
Founder, Pedral Watches
Kevin@pedral.watch
www.pedral.eu
Instagram: @pedralwatches

Boris Pjanic
Horological dreammaker
info@watchesandart.com
http://www.watchesandart.com/
Instagram: @watchesandart

This information was brought to you by Cision http://news.cision.com.

https://news.cision.com/pedral-design-studio-ab/r/pedral-watches-launches–watches—art–the-best-of-both-worlds-,c4137717

The following files are available for download:

 

Infosys: Growth of 4.2% in CC, operating margin expansion of 0.5% in FY25

– Highest ever Free Cash Flow at $4.1 billion for FY25
– FY26 revenue guidance at 0%-3% and operating margin at 20%-22%

BENGALURU, India, April 17, 2025 /PRNewswire/ — Infosys (NSE: INFY), (BSE: INFY), (NYSE: INFY), a global leader in next-generation digital services and consulting, delivered $19,277 million in FY25 revenues, growth of 4.2% in constant currency. Operating margin was at 21.1%, expansion of 0.5% year on year. Free cash flow was the highest ever at $4,088 million, an increase of 41.8% year on year. TCV of large deal wins was $11.6 billion for the year, with 56% net new.

Q4 revenues were $4,730 million, an increase of 4.8% year on year in constant currency and 3.6% in reported terms. Operating margin was at 21.0%, an increase of 0.9% year on year. 

“We have built a resilient organization with sharp focus on client-centricity and responsiveness to the market, thanks to the trust of our clients and dedication of our employees. Our performance for the year has been robust in terms of revenues, expansion in operating margins and highest ever free cash generation”, said Salil Parekh, CEO and MD. “Our depth in AI, cloud and digital and strength in cost efficiency, automation, and consolidation position us well for the needs of our clients”, he added.

 

4.2% FY
4.8% Q4 
YoY CC Growth

21.1% FY
21.0% Q4
Operating Margin
0.5% Increase in FY

8.3% FY
10.1% Q4
EPS Increase
(₹ terms)*

$11.6 Bn FY
$2.6 Bn Q4
Large Deal
TCV

$4.1 Bn FY
$0.9 Bn Q4 
Free 
Cash Flow

 

Guidance for FY26:

  • Revenue growth of 0%-3% in constant currency
  • Operating margin of 20%-22%

Key highlights:

 For the quarter ended March 31, 2025

Revenues in CC terms grew by 4.8% YoY and declined by 3.5% QoQ

Reported revenues at $4,730 million, growth of 3.6% YoY

Operating margin at 21.0%, increase of 0.9% YoY and decline of 0.3% QoQ

Basic EPS at $0.20, decline of 15.2% YoY

FCF at $892 million, growth of 5.2% YoY;

FCF conversion at 109.6% of net profit

 

For the year ended March 31, 2025

Revenues in CC terms grew by 4.2% YoY

Reported revenues at $19,277 million, growth of 3.9% YoY

Operating margin at 21.1%, growth of 0.5% YoY

Basic EPS at $0.76, decline of 0.3% YoY

FCF at $4,088 million, growth of 41.8% YoY;

FCF conversion at 129.3% of net profit

 

 

“FY25 operating margins expanded by 0.5% which reflects our relentless focus on identifying opportunities for efficiency and executing Project Maximus with discipline, after navigating through multiple headwinds in a challenging macro environment. We delivered the highest ever free cash flows in the history of the company in FY25,” said Jayesh Sanghrajka, CFO. The Board has proposed a final dividend of `22, which along with the interim dividend, is an increase of 13.2% over last year,” he added.

*EPS Increase post normalization of Income Tax refunds

1.  Client wins & Testimonials

  • Infosys announced the expansion of its long-standing strategic collaboration with Citizens to Propel AI-led Transformation. Michael Ruttledge, Chief Information Officer, Citizens Financial Group, said, “Infosys has been a key strategic collaborator in Citizens’ next-gen transformation program for the last five years. Together, we have not only modernized our technology landscape with domain-centric, cloud native platforms but also built a foundation for future growth aligned with Citizens’ north star technology vision without losing focus on resiliency and stability.”
  • Infosys announced the expansion of its collaboration with Siemens AG to accelerate Siemens AG digital learning initiatives with generative AI. Jenny Lin, Global Head of Learning & Growth at Siemens AG, said, “A thriving learning and growth environment is essential for Siemens to maintain our competitive edge and foster innovation. By providing our people with the tools, resources, and support they need to continuously develop their skills, we empower our people to meet the challenges of the future. Infosys’ expertise in digital transformation and AI is very valuable in creating a more engaging and effective learning experience for everyone. By leveraging GenAI on Siemens’ digital learning platform we can foster a culture of lifelong learning and empower our teams to reach their full potential.”
  • Infosys announced a strategic, long-term collaboration with Lufthansa Group (LHG) and Lufthansa Systems GmbH (LSY) to accelerate digital transformation and drive innovation in the aviation industry. Thomas Wittmann – CEO, Lufthansa Systems, said, “At Lufthansa Systems, we champion a modular approach to solutions and collaborations, ensuring adaptability and tailoring to the unique needs of each airline. This principle extends perfectly to our collaboration with Infosys. By combining our deep aviation expertise with Infosys’s global technology prowess and establishing a dedicated Global Capability Center (GCC), we are not only enhancing our one-stop-shop offerings but also accelerating the pace of digital innovation across the aviation industry. This collaboration empowers us to deliver cutting-edge solutions with greater agility and scale, ultimately benefiting our airline customers with more efficient, innovative, and cost-effective technologies.”
  • Infosys announced a successful collaboration with LKQ Europe to adopt a unified, cloud-based digital platform to streamline its HR processes across 18 countries, leveraging Infosys Cobalt. David Brookfield, Vice President, Human Resources, LKQ Europe, said, “Our collaboration with Infosys is a crucial step in helping us harmonize and simplify our wider business processes – ultimately enabling faster delivery and better service for our end customers. Through the platform, we will unify our HR processes across locations to drive efficiency and enhance regulatory compliance. Looking ahead, we believe this platform will empower our workforce and foster a more cohesive organizational culture, enabling us to continue leading the automotive aftermarket industry.”
  • Infosys announced the launch of its open-source Responsible AI Toolkit designed to help enterprises innovate responsibly while addressing the challenges and risks associated with ethical AI adoption. Sunil Abraham, Public Policy Director – Data Economy and Emerging Tech, Meta, said, “We congratulate Infosys on launching an openly available Responsible AI Toolkit, which will contribute to advancing safe and responsible AI through open innovation. Open-source code and open datasets is essential to empower a broad spectrum of AI innovators, builders, and adopters with the information and tools needed to harness the advancements in ways that prioritize safety, diversity, economic opportunity and benefits to all.”
  • Infosys announced a strategic collaboration with Ontex Group N.V. to drive their ERP transformation. Jeroen Dejonckheere, VP Business Transformation, Ontex, said “We are excited to collaborate with Infosys on our business transformation journey for modernising our ERP systems to SAP S/4HANA. We also look forward to leveraging Infosys Topaz and embrace the power of AI for our enterprise growth. This will be a significant step forward for us to deliver exceptional experiences for our employees, suppliers, and customers.”

2.  Recognitions & Awards

Brand

  • Recognized as one of the World’s Most Ethical Companies in 2025 for the fifth consecutive year by Ethisphere
  • Recognized as the Global Top Employer 2025 for the fifth consecutive year by the Top Employers Institute
  • Recognized as a Top 3 IT services brand and the fastest growing IT services brand globally in the Brand Finance Global 500 2025 report
  • Featured in 2025 LinkedIn’s Top Companies list in India, US, and Canada

AI and Cloud Services

  • Positioned as a leader in The Forrester Wave™: Application Modernization and Multicloud Managed Services, Q1 2025
  • Rated as a leader in IDC MarketScape: EMEA Industry Cloud Professional Services 2024-2025 Vendor Assessment
  • Recognized as leader in ISG Intelligent Automation – Services 2024 Provider lens™ study in US and Europe
  • Recognized as leader in ISG Advanced Analytics and AI Services 2024 Provider lens™ study in US and Europe
  • Recognized as leader in ISG Oracle Cloud and Technology Ecosystem 2024 Provider lens™ study in US, APAC and Europe

Key Digital Services

  • Positioned as a leader in The Forrester Wave™: Modern Application Development Services, Q1 2025
  • Rated as a leader in Custom Application Development Services PEAK Matrix® Assessment 2025 by Everest Group
  • Rated as a leader in Application Management Services PEAK Matrix® Assessment 2025 by Everest Group
  • Rated as a leader in SAP Business Application Services PEAK Matrix® Assessment 2025 by Everest Group
  • Rated as a leader in IDC MarketScape: Worldwide SAP Implementation Services 2025 Vendor Assessment
  • Rated as a leader in IDC MarketScape: Worldwide IIoT Engineering and Managed Services
  • Rated as a leader in IDC MarketScape: Worldwide IIoT Consulting and Integration Services
  • Recognized as a leader in HFS Horizons: Salesforce Services, 2025
  • Recognized as a leader in HFS Horizons: Generative Enterprise Services, 2025
  • Recognized as a leader in Cognitive & Self-Healing IT Infrastructure Management Solutions 2025 by NelsonHall
  • Positioned as a leader in Constellation ShortList: Cybersecurity Services
  • Positioned as a leader in Constellation ShortList™: Innovation Services and Engineering
  • Positioned as a leader in Constellation ShortList: Microsoft End-to-End Service Providers
  • Positioned as a leader in Constellation ShortList™: QA Tools for NextGen Apps
  • Recognized as leader in ISG Mainframe Services 2025 Provider lens™ study in US, Europe, and US Public Services
  • Positioned as a leader in CapioIT APAC Salesforce SI and Solutions Providers Ecosystem Capture Share Report, 2025

Industry & Solutions

  • Recognized as a leader in HFS Horizons: Telecom Service Providers, 2025
  • Recognized as a leader in Core Banking Services 2025 by NelsonHall
  • Recognized as leader in ISG Oil & Gas Industry – Services and Solutions 2024 Provider lens™ study in Europe and North America
  • Recognized as leader in ISG Healthcare Digital Services 2024 ISG Provider lens™ study in US
  • Recognized as leader in ISG Insurance Services 2024 Provider lens™ study in North America, ANZ and Europe
  • Recognized as leader in ISG Telecom, Media & Entertainment Industry Services 2024 Provider lens™ study in EMEA
  • Recognized as leader in ISG Manufacturing Industry Services 2024 Provider lens™ study in North America and Europe
  • Recognized as leader in ISG Sustainability and ESG 2024 Provider lens™ study in Australia, US and Europe
  • Recognized as leader in ISG Power & Utilities Services 2024 Provider lens™ study in North America, Europe and APAC
  • Infosys Finacle received the Technology & Innovation Award under the Best Solution for Trade & Supply Chain category at the TMI Awards for Innovation & Excellence – 2024
  • Infosys Finacle alongside its clients Newcastle Permanent (NP), Union Bank of Philippines, and Axis Bank received recognition at the Retail Banker International Asia Trailblazer Awards 2025 for Best Partnership for Customer Experience (with NP), Best Open Banking Initiative (with Union Bank of Philippines), and Best Strategic Partnership (with Axis Bank)
  • Infosys Finacle alongside its clients Zand Bank, Emirates NBD, Union Bank of Philippines, and Arab National Bank received recognition at the Global Business Magazine Winners 2025 for Best Digital-First Bank UAE 2025 (Zand Bank), Best Cloud-Based Core Banking Implementation Saudi Arabia 2025 (Emirates NBD), Best Customer Experience Innovation Philippines 2025 (Union Bank of Philippines), and Outstanding Digital Banking Transformation Saudi Arabia 2025 (Arab National Bank)
  • Infosys Finacle recognized as a leader in the 2025 Gartner® Magic Quadrant™ for Retail Core Banking Systems, Europe
  • Infosys BPM received the SSON North America Impact Awards 2025 with T-Mobile in the ‘Customer Centricity’ category

Read more about our Awards & Recognitions here.

About Infosys

Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by the cloud. We enable them with an AI-powered core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.

Safe Harbor

Certain statements in this release concerning our future growth prospects, our future financial or operating performance, the McCamish cybersecurity incident are forward looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid working model, economic uncertainties and geo-political situations, technological disruptions and innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, the amount of any additional costs, including indemnities or damages or claims, resulting directly or indirectly from the McCamish cybersecurity incident and the outcome and effect of related litigation. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2024. These filings are available at https://www.sec.gov/. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

 

Infosys Limited and subsidiaries
Extracted from the Condensed Consolidated Balance Sheet under IFRS as at:         
  (Dollars in millions)

March 31, 2025

March 31, 2024

ASSETS 

Current assets 

Cash and cash equivalents 

2,861

1,773

Current investments

1,460

1,548

Trade receivables

3,645

3,620

Unbilled revenue

1,503

1,531

Other current assets

1,890

2,250

Total current assets

11,359

10,722

Non-current assets

Property, plant and equipment and Right-of-use assets

2,235

2,323

Goodwill and other Intangible assets

1,505

1,042

Non-current investments

1,294

1,404

Unbilled revenue

261

213

Other non-current assets

765

819

Total non-current assets

6,060

5,801

Total assets

17,419

16,523

LIABILITIES AND EQUITY 

Current liabilities 

Trade payables

487

474

Unearned revenue

994

880

Employee benefit obligations

340

314

Other current liabilities and provisions

3,191

2,983

Total current liabilities 

5,012

4,651

Non-current liabilities 

Lease liabilities

675

767

Other non-current liabilities 

477

500

Total non-current liabilities

1,152

1,267

Total liabilities 

6,164

5,918

Total equity attributable to equity holders of the company

11,205

10,559

Non-controlling interests

50

46

Total equity

11,255

10,605

Total liabilities and equity 

17,419

16,523

 

 

Extracted from the Condensed Consolidated statement of Comprehensive Income under IFRS for

  (Dollars in millions except per equity share data)

3 months ended
March 31, 2025

3 months ended
March 31, 2024

3 months ended
March 31, 2024

Year ended
March 31, 2024

Revenues

4,730

4,564

19,277

18,562

Cost of sales

3,302

3,219

13,405

12,975

Gross profit

1,428

1,345

5,872

5,587

Operating expenses:

   Selling and marketing expenses

226

209

898

842

   Administrative expenses

210

219

903

911

Total operating expenses

436

428

1,801

1,753

Operating profit

992

917

4,071

3,834

Other income, net (3) (4)

125

315

376

512

Profit before income taxes

1,117

1,232

4,447

4,346

Income tax expense (4)

303

273

1,285

1,177

Net profit (before minority interest)

814

959

3,162

3,169

Net profit (after minority interest)

813

958

3,158

3,167

Basic EPS ($) (4)

0.2

0.23

0.76

0.77

Diluted EPS ($) (4)

0.2

0.23

0.76

0.76

 

 

NOTES:

  1. The above information is extracted from the audited condensed consolidated Balance sheet and Statement of Comprehensive Income for the quarter and year ended March 31, 2025, which have been taken on record at the Board meeting held on April 17, 2025.
  2. A Fact Sheet providing the operating metrics of the Company can be downloaded from www.infosys.com.
  3. Other income is net of Finance Cost.
  4. Includes interest income (pre-tax) of $38Mn with reversal of net tax provisions amounting to $12Mn in FY’25 and interest income (pre-tax) of $232Mn with reversal of net tax provisions amounting to $5Mn in FY’24 on account of orders received under sections 250 & 254 of the Income Tax Act, 1961, from the Income Tax Authorities in India for certain assessment years. This has resulted in a positive impact on the consolidated Basic and Diluted EPS by approximately $0.01 for the quarter and year ended March 31, 2025 and $0.06 for the quarter and year ended March 31, 2024.
  5. As the quarter and year ended figures are taken from the source and rounded to the nearest digits, the quarter figures in this statement added up to the figures reported for the previous quarter might not always add up to the year ended figures reported in this statement.

 

Arkieva Recognized as a Challenger in the 2025 Gartner® Magic Quadrant™ for Supply Chain Planning Solutions

WILMINGTON, Del., April 17, 2025 /PRNewswire/ — Arkieva, a leading provider of supply chain planning software and consulting, today announced that it has been positioned as a Challenger in the 2025 Gartner® Magic Quadrant for Supply Chain Planning Solutions. This marks the 10th consecutive time Arkieva has been included in this report.

In Arkieva’s view, placement as a Challenger reflects the company’s ability to support complex, global supply chains with a comprehensive planning platform that spans strategic, tactical and operational layers. The company supports midsize-to-large manufacturers, particularly in the chemical, food and beverage and consumer products industries to solve planning challenges across demand forecasting, inventory optimization, sales and operations planning (S&OP) and detailed scheduling.

“We believe being recognized as a Challenger in this year’s Magic Quadrant confirms what our customers experience every day: that our planning platform delivers measurable impact without unnecessary complexity,” said Sujit Singh, COO of Arkieva. “Our focus continues to be on enabling more proactive and agile planning decisions for real-world environments.”

“Arkieva continues to grow with our customers’ needs, with investment in AI, machine learning, automation and better algorithms to support faster decision cycles and better planning outcomes,” added Singh. “We’re honored to be recognized once again for our vision and execution.”

To access the 2025 Gartner Magic Quadrant for Supply Chain Planning Solutions, visit: https://www.gartner.com/en/documents/5374263.

About the report

Gartner, Magic Quadrant for Supply Chain Planning Solutions, By Pia Orup LundJoe GrahamCaleb ThomsonShane BrettEva Dawkins, 14 April 2025

Gartner does not endorse any vendor, product or service depicted in its research publications and does not advise technology users to select only those vendors with the highest ratings or other designation. Gartner research publications consist of the opinions of Gartner’s Research & Advisory organization and should not be construed as statements of fact. Gartner disclaims all warranties, expressed or implied, with respect to this research, including any warranties of merchantability or fitness for a particular purpose.

GARTNER is a registered trademark and service mark of Gartner, Inc. and/or its affiliates in the U.S. and internationally, Magic Quadrant is a registered trademark of Gartner, Inc. and/or its affiliates and is used herein with permission. All rights reserved.

About Arkieva

For more than 30 years, Arkieva has helped global enterprises drive business transformation through improved supply chain processes. The company’s demand, inventory, supply and integrated business planning solutions increase growth and profits, and provide the agility and efficiency needed to respond to an ever-changing supply chain environment. Our approach combines strategic consultation, powerful software technologies and iterative implementation to deliver scalable solutions tailored to the complexities of each customer’s operations. Arkieva’s culture of innovation keeps customers like Linde, Messer and INEOS at the forefront of supply chain planning.

Arkieva is headquartered in Wilmington, Delaware USA with offices in Antwerp, Belgium and Mangalore, India. For more information, visit www.arkieva.com.

CONNECT WITH ARKIEVA

Arkieva Media Contact:

Kristan Theile
Director of Marketing, Arkieva
513-376-0300
ktheile@arkieva.com 

LONGi maintains AAA ranking in Q1 2025 PV ModuleTech Bankability Ratings

XI’AN, China, April 17, 2025 /PRNewswire/ — LONGi has announced the retention of its AAA rating in PV-Tech’s Q1 2025 PV ModuleTech bankability ratings, marking the company’s 21st consecutive quarter at this top tier and underscoring its long-term commitment to quality, innovation, financial stability and leadership in the photovoltaic industry.

LONGi maintains AAA ranking
LONGi maintains AAA ranking

The PV ModuleTech bankability ratings are derived from a thorough evaluation process that examines manufacturers across several critical dimensions, including value chain strength, production capacity, global shipment profiles, capital expenditure (capex), R&D investment and cash-flow management. LONGi’s consistent AAA status reflects not only its robust operational metrics but also its dedication to advancing solar technology.

Relying on its profound technology accumulation and advanced intelligent manufacturing advantages, LONGi has made continuous breakthroughs in HPBC technology and forward-looking R&D, and its products for utility and distributed scenarios have been implemented successively.

Since the launch of the new-generation BC products based on HPBC 2.0 in May 2024, LONGi has been winning large orders globally.

At the beginning of April, LONGi signed a 226MW Hi-MO 9 module supply agreement in Greece, which marks the largest BC utility project in Europe.

At the end of March, LONGi signed a Hi-MO X10 module supply framework agreement with a total capacity of 555MW with multiple EPC companies at the South Africa International Photovoltaic and Energy Storage Exhibition. The high-power generation per unit area and anti-shading features of the products have been highly recognized by African customers.

By the end of the first quarter of 2025, the global shipments of BC modules had exceeded 30GW, and the scale of reserved orders had exceeded 40GW.

With technological innovation as its mission, LONGi has been constantly improving the R&D of conversion efficiency in the crystalline silicon and crystalline silicon-perovskite tandem tracks. Up to now, it still holds the world records in these two major tracks.

On April 11th, LONGi announced at its Wuhu base in Anhui Province, China: Through the authoritative certification of the Institute for Solar Energy Research Hamelin (ISFH) in Germany, the photoelectric conversion efficiency of its independently developed Hybrid Interdigitated-Back-Contact (HIBC) crystalline silicon solar cell has reached 27.81%, pushing the exploration of the limits of monocrystalline silicon photovoltaic cells to a new height.

At the same time, LONGi independently developed a two-terminal crystalline silicon-perovskite tandem solar cell that has achieved a conversion efficiency of 34.85%, certified by the U.S. National Renewable Energy Laboratory (NREL), once again breaking the world record for crystalline silicon-perovskite tandem cell efficiency.

The 21 consecutive AAA ratings are not only a strong testament to LONGi’s reliability but also a footnote to LONGi’s consistent commitment to product quality, stable operation, and long-termism. In the future, LONGi will continue to enhance its technological strength and risk-resistance capabilities, and work hand in hand with global partners to create a better future.

LONGi maintains AAA ranking in Q1 2025 PV ModuleTech Bankability Ratings

XI’AN, China, April 17, 2025 /PRNewswire/ — LONGi has announced the retention of its AAA rating in PV-Tech’s Q1 2025 PV ModuleTech bankability ratings, marking the company’s 21st consecutive quarter at this top tier and underscoring its long-term commitment to quality, innovation, financial stability and leadership in the photovoltaic industry.

LONGi maintains AAA ranking
LONGi maintains AAA ranking

The PV ModuleTech bankability ratings are derived from a thorough evaluation process that examines manufacturers across several critical dimensions, including value chain strength, production capacity, global shipment profiles, capital expenditure (capex), R&D investment and cash-flow management. LONGi’s consistent AAA status reflects not only its robust operational metrics but also its dedication to advancing solar technology.

Relying on its profound technology accumulation and advanced intelligent manufacturing advantages, LONGi has made continuous breakthroughs in HPBC technology and forward-looking R&D, and its products for utility and distributed scenarios have been implemented successively.

Since the launch of the new-generation BC products based on HPBC 2.0 in May 2024, LONGi has been winning large orders globally.

At the beginning of April, LONGi signed a 226MW Hi-MO 9 module supply agreement in Greece, which marks the largest BC utility project in Europe.

At the end of March, LONGi signed a Hi-MO X10 module supply framework agreement with a total capacity of 555MW with multiple EPC companies at the South Africa International Photovoltaic and Energy Storage Exhibition. The high-power generation per unit area and anti-shading features of the products have been highly recognized by African customers.

By the end of the first quarter of 2025, the global shipments of BC modules had exceeded 30GW, and the scale of reserved orders had exceeded 40GW.

With technological innovation as its mission, LONGi has been constantly improving the R&D of conversion efficiency in the crystalline silicon and crystalline silicon-perovskite tandem tracks. Up to now, it still holds the world records in these two major tracks.

On April 11th, LONGi announced at its Wuhu base in Anhui Province, China: Through the authoritative certification of the Institute for Solar Energy Research Hamelin (ISFH) in Germany, the photoelectric conversion efficiency of its independently developed Hybrid Interdigitated-Back-Contact (HIBC) crystalline silicon solar cell has reached 27.81%, pushing the exploration of the limits of monocrystalline silicon photovoltaic cells to a new height.

At the same time, LONGi independently developed a two-terminal crystalline silicon-perovskite tandem solar cell that has achieved a conversion efficiency of 34.85%, certified by the U.S. National Renewable Energy Laboratory (NREL), once again breaking the world record for crystalline silicon-perovskite tandem cell efficiency.

The 21 consecutive AAA ratings are not only a strong testament to LONGi’s reliability but also a footnote to LONGi’s consistent commitment to product quality, stable operation, and long-termism. In the future, LONGi will continue to enhance its technological strength and risk-resistance capabilities, and work hand in hand with global partners to create a better future.

LONGi maintains AAA ranking in Q1 2025 PV ModuleTech Bankability Ratings

XI’AN, China, April 17, 2025 /PRNewswire/ — LONGi has announced the retention of its AAA rating in PV-Tech’s Q1 2025 PV ModuleTech bankability ratings, marking the company’s 21st consecutive quarter at this top tier and underscoring its long-term commitment to quality, innovation, financial stability and leadership in the photovoltaic industry.

LONGi maintains AAA ranking
LONGi maintains AAA ranking

The PV ModuleTech bankability ratings are derived from a thorough evaluation process that examines manufacturers across several critical dimensions, including value chain strength, production capacity, global shipment profiles, capital expenditure (capex), R&D investment and cash-flow management. LONGi’s consistent AAA status reflects not only its robust operational metrics but also its dedication to advancing solar technology.

Relying on its profound technology accumulation and advanced intelligent manufacturing advantages, LONGi has made continuous breakthroughs in HPBC technology and forward-looking R&D, and its products for utility and distributed scenarios have been implemented successively.

Since the launch of the new-generation BC products based on HPBC 2.0 in May 2024, LONGi has been winning large orders globally.

At the beginning of April, LONGi signed a 226MW Hi-MO 9 module supply agreement in Greece, which marks the largest BC utility project in Europe.

At the end of March, LONGi signed a Hi-MO X10 module supply framework agreement with a total capacity of 555MW with multiple EPC companies at the South Africa International Photovoltaic and Energy Storage Exhibition. The high-power generation per unit area and anti-shading features of the products have been highly recognized by African customers.

By the end of the first quarter of 2025, the global shipments of BC modules had exceeded 30GW, and the scale of reserved orders had exceeded 40GW.

With technological innovation as its mission, LONGi has been constantly improving the R&D of conversion efficiency in the crystalline silicon and crystalline silicon-perovskite tandem tracks. Up to now, it still holds the world records in these two major tracks.

On April 11th, LONGi announced at its Wuhu base in Anhui Province, China: Through the authoritative certification of the Institute for Solar Energy Research Hamelin (ISFH) in Germany, the photoelectric conversion efficiency of its independently developed Hybrid Interdigitated-Back-Contact (HIBC) crystalline silicon solar cell has reached 27.81%, pushing the exploration of the limits of monocrystalline silicon photovoltaic cells to a new height.

At the same time, LONGi independently developed a two-terminal crystalline silicon-perovskite tandem solar cell that has achieved a conversion efficiency of 34.85%, certified by the U.S. National Renewable Energy Laboratory (NREL), once again breaking the world record for crystalline silicon-perovskite tandem cell efficiency.

The 21 consecutive AAA ratings are not only a strong testament to LONGi’s reliability but also a footnote to LONGi’s consistent commitment to product quality, stable operation, and long-termism. In the future, LONGi will continue to enhance its technological strength and risk-resistance capabilities, and work hand in hand with global partners to create a better future.

Celebrate an Easter in Style at The Ritz-Carlton, Bali

BALI, Indonesia, April 16, 2025 /PRNewswire/ — The Ritz-Carlton, Bali, the premier luxury beachfront destination in Nusa Dua, invites guests to indulge in a sophisticated celebration filled with coastal elegance, gourmet dining, and unforgettable family moments.

Easter at The Ritz-Carlton, Bali
Easter at The Ritz-Carlton, Bali

Nestled along the pristine shores of Sawangan Beach, The Ritz-Carlton, Bali offers the perfect setting to embrace the joy of the season. From exclusive Easter-themed experiences to exquisite culinary delights, the hotel has curated a holiday getaway designed to delight guests of all ages.

Experience an elegant Easter Brunch, held in our oceanfront restaurant, The Beach Grill. Guests can enjoy a lavish buffet featuring locally sourced seafood and premium meats, spring-inspired dishes, and decadent desserts, accompanied by live music and stunning views.

“Our goal is to create a serene and luxurious Easter experience where families can relax, reconnect, and make memories,” said Go Kondo, General Manager of The Ritz-Carlton, Bali. “With our stunning location and thoughtful amenities, we’re proud to be the ideal destination for a coastal holiday celebration.”

Easter Brunch at The Ritz-Carlton, Bali is available on Easter Day, Sunday 20 April 2025, priced at IDR 900,000++ per person at The Beach Grill. Children aged 3 and under dine for free, and those between 4 and 12 receive 50% off.

To book your Easter stay or learn more about seasonal events, visit http://ritzcarltonbali.com/ or call +62-361-8498988.

About The Ritz-Carlton, Bali

Built on a sprawling 12.7 hectares white beach front and elevated  cliff  top  settings,  The  Ritz-Carlton, Bali feature 313 oceanfront suites and villas, enjoying the unobstructed view of the Indian Ocean and the resort’s lush garden. Completing the experiences, a glass elevator connects the cliff and the beach-front, five restaurants and bars, The Ritz-Carlton Ballroom and meeting facilities, a wedding chapel, as well as The Ritz-Carlton Spa. Ladies and gentlemen at The Ritz-Carlton, Bali is proudly presents the timeless charms of Indo-Balinese hospitality.

About The Ritz-Carlton Hotel Company, LLC

Delivering the Gold Standard in service in coveted destinations around the world, The Ritz-Carlton Hotel Company, LLC currently operates more than 120 hotels in over 35 countries and territories. From iconic urban destinations to stretches of paradise in untouched corners of the earth, The Ritz-Carlton offers the opportunity for true discovery and transformative escapes that stay with guests long after they depart. Committed to thoughtful innovation, The Ritz-Carlton encompasses two groundbreaking brand extensions, Ritz-Carlton Reserve and The Ritz-Carlton Yacht Collection. Ritz-Carlton Reserve is a collection of rare estates set apart from the world, where personalized care and cultural immersion are paramount. The Ritz-Carlton Yacht Collection translates the brand’s legendary service and hospitality for sea, reimagining the ultra-luxury cruising category. For more information or reservations, visit the company website at www.ritzcarlton.com, for the latest company updates, visit news.marriott.com and to join the live conversation, use #RCMemories and follow along on Facebook, Twitter, and Instagram. The Ritz-Carlton Hotel Company, L.L.C. is a wholly-owned subsidiary of Marriott International, Inc. (NASDAQ:MAR). The Ritz-Carlton is proud to participate in Marriott Bonvoy®, the global travel program from Marriott International. The program offers members an extraordinary portfolio of global brands, exclusive experiences on Marriott Bonvoy Moments and unparalleled benefits including complimentary nights and Elite status recognition. To enroll for free or for more information about the program, visit marriottbonvoy.com. The Ritz-Carlton is committed to supporting the destinations where it operates through Community Footprints, the company’s social and environmental responsibility program.

Galaxy Macau Signals Summer’s Arrival: Grand Resort Deck Reopens, Inviting Guests to ‘Make Waves’

Macau’s Unrivalled Skytop Waves Define a Season of Sophisticated Leisure and Aquatic Fun at the Award-winning Integrated Resort


MACAU SAR – Media OutReach Newswire – 17 April 2025 – Spring blossoms into summer, as the mercury begins its anticipated climb, with the thrill of waves calling all fun-and-sun seekers. Get ready to dive into the aquatic landscape of Galaxy Macau’s world-class luxury integrated resort—which unveils its legendary Grand Resort Deck on April 18, transforming the property into an expansive rooftop aquatic outdoor playground. Guests staying at any of the integrated resort’s eight luxury hotels can enjoy exclusive access to boundless waves and thrilling adventures. Whether conquering the exhilarating 1.5-meter swells of the world’s largest sky-high wave pool or drifting down the 575-meter Skytop Adventure Rapids, the reopening of the Grand Resort Deck marks the start of an unforgettable summer.

The world's longest 575-meter sky-high rapids, freely gliding through transparent waterslides.
The world’s longest 575-meter sky-high rapids, freely gliding through transparent waterslides.

Grand Resort Deck, Make Waves
This year, the Grand Resort Deck invites discerning global travelers and residents alike, to ‘Make Waves,’ embracing a season defined by elevated leisure, vibrant energy, and the creation of lasting memories against a backdrop of unparalleled aquatic attractions. Guests are invited to plunge into the world’s largest elevated wave pool, a feat of engineering that spans 8,000 square meters, capable of generating 1.5-meter high waves – providing genuine surf within the sightline of the Cotai skyline. Complementing these dynamic features are swathes of pristine white sand, forming a 150-meter beach that offers moments of tranquil repose. Guests can chart their own course for summer enjoyment – whether that involves the exhilaration of the wave pool, a leisurely drift along the rapids, finding quiet sanctuary in a private cabana, or being swept along a transparent slide. Younger guests can revel in the dedicated water playgrounds that offer dedicated beachside play zones for the whole family to enjoy. Whimsical play is amplified by the giant transparent aqua rollers and a kaleidoscope of spray zones.

A thrilling 9-meter-high waterslide tower delivers endless excitement.
A thrilling 9-meter-high waterslide tower delivers endless excitement.

Capture picture-perfect holiday snaps on the 150-meter-long, pristine white sand beach.
Capture picture-perfect holiday snaps on the 150-meter-long, pristine white sand beach.

Pulsating beats from poolside DJs transition the Grand Resort Deck from daytime family fun to sundown escapades. This year, the Grand Resort Deck extends its opening hours until 8 p.m., transforming this remarkable 75,000-square-meter expanse into a day-to-night spectacle, culminating in beachside stargazing atop the waves after dark.

This year, the Grand Resort Deck extends its opening hours until to 8 p.m., transforming this remarkable 75,000-square-meter expanse into a day-to-night spectacle, culminating in beachside stargazing atop the waves after dark.
This year, the Grand Resort Deck extends its opening hours until to 8 p.m., transforming this remarkable 75,000-square-meter expanse into a day-to-night spectacle, culminating in beachside stargazing atop the waves after dark.

“The Grand Resort Deck is more than an amenity; it’s a cornerstone of the Galaxy Macau award-winning integrated resort experience that comes alive during the summer. We are dedicated to creating compelling new reasons for our global guests to enjoy exceptional leisure experiences,” says Kevin Kelley, Chief Operating Officer–Macau of Galaxy Entertainment Group. “The ‘Make Waves’ theme encourages our guests to fully immerse themselves in the possibilities – from family fun to world-class wellness and sophisticated relaxation. We believe the scale, quality and sheer breadth of the Grand Resort Deck offer a compelling draw for visitors seeking a distinguished escape for the summer.”

Forbes Travel Guide Five-Star Hospitality, Tailored for All
Beyond the water, guests can expect award-winning Forbes’ Travel Guide Five Star service at Galaxy Macau—which has celebrated the accolade of having the most Forbes Travel Guide Five-Star Hotels under one roof of any luxury resort company worldwide for three years running —boasting eight distinct luxury hotel properties, including Banyan Tree Macau, Galaxy Hotel™, Hotel Okura Macau, JW Marriott Hotel Macau, The Ritz-Carlton Macau, Broadway Macau, Raffles at Galaxy Macau, and Andaz Macau. Together, they offer 5,000 unparalleled rooms, suites, and villas overlooking the Grand Resort Deck’s aquatic tropical landscape and Taipa’s glittering skyline.

Summer Glamping packages at the Grand Resort Deck for up to 8 people, including welcome snacks, drinks and much more.
Summer Glamping packages at the Grand Resort Deck for up to 8 people, including welcome snacks, drinks and much more.

At Galaxy Kidz Edutainment Center, little ones can dive into themed activities filled with fun and new things to learn. From STEAM activities, cooking classes and hand craft workshops, to endless hotel activities. Every Friday to Sunday in April and May 1–5, families can find Galaxy Kidz’s Mascot Wavey, the lovable Peacock, throughout the property’s different locations. Kids can enjoy a diverse and extensive program when staying at Galaxy Macau by joining Wavey’s fun activities, promising an exclusive gift as a reward. Little guests even can bring home delightful limited-edition merchandise from Wavey.

Galaxy Kidz provides colorful, creative play workshops for children to discover the pleasures of summer with Wavey the Peacock mascot and friends.
Galaxy Kidz provides colorful, creative play workshops for children to discover the pleasures of summer with Wavey the Peacock mascot and friends.

“Glow & Flow” Weekend Wellness Premium Packages: Neon Yoga and SUP Yoga
To elevate this unparalleled experiential getaway, from May 10 – June 7, weekend-exclusive packages (priced at MOP 468) grant access to ‘Glow Yoga Nights’ or a Stand-Up Paddleboard (SUP) Yoga Session, paired with all-day access to the Grand Resort Deck and a MOP 200 dining voucher. Neon Yoga Night is led by professional artists who adorn participants with body art, transforming yoga poses into a luminous spectacle under blacklight. SUP Yoga Sessions, guided by expert instructors, practice balance and mindfulness atop floating platforms in the wave pool. Surprise moments of wellness and fun define this summer season at the world’s largest rooftop wave pool, perfect for photo-worthy moments for the endless summer.

From May 10 - June 7, weekend-exclusive packages grant access to ‘Glow Yoga Nights’ or SUP Yoga Sessions, paired with all-day access to the Grand Resort Deck and a MOP 200 dining voucher.
From May 10 – June 7, weekend-exclusive packages grant access to ‘Glow Yoga Nights’ or SUP Yoga Sessions, paired with all-day access to the Grand Resort Deck and a MOP 200 dining voucher.

Refined Poolside Enjoyment
Crafting a personal narrative for summer, guests can savor alfresco dining at The Ritz-Carlton Pool Bar or Cabana at Banyan Tree Macau, both offering international fare with panoramic poolside views. The Pool Bar at JW Marriott serves a refreshing array of fresh juices and light bites, while The Breeze Café offers artisanal coffee for moments of poolside serenity. For sips between dips, the Surf Bar delivers curated cocktails and a diverse selection of global bites.

This summer, Galaxy Macau invites guests to ride a new wave of luxury—where every splash, slide, and sunset redefines what it means to escape in style. Whether for family getaways, friends’ reunions, or romantic retreats, the Grand Resort Deck is a signature attraction ensuring a world-class, all-in-one experience that solidifies Galaxy Macau’s unrivalled position as Asia’s leading destination for premium leisure and entertainment .

Galaxy Macau’s portfolio of 8 distinct luxury hotels offer guests complimentary access to the Grand Resort Deck.
Galaxy Macau’s portfolio of 8 distinct luxury hotels offer guests complimentary access to the Grand Resort Deck.

Hashtag: #GalaxyMacau

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About Galaxy Macau Integrated Resort

Galaxy Macau™, The World-class Luxury Integrated Resort delivers the “Most Spectacular Entertainment and Leisure Destination in the World”. Developed at an investment of HK$43 billion, the property covers 1.1 million-square-meter of unique entertainment and leisure attractions that are unlike anything else in Macau. Eight award-winning world-class luxury hotels provide close to 5,000 rooms, suites and villas. They include Banyan Tree Macau, Galaxy Hotel™, Hotel Okura Macau, JW Marriott Hotel Macau, The Ritz-Carlton, Macau, Broadway Hotel, Raffles at Galaxy Macau and Andaz Macau. Unique to Galaxy Macau, the 75,000-square-meter Grand Resort Deck features the world’s longest Skytop Adventure Rapids at 575-meters, the largest Skytop Wave Pool with waves up to 1.5-meters high and 150-meters pristine white sand beach. Two five-star spas from Banyan Tree Spa Macau and The Ritz-Carlton Spa, Macau help guests relax and rejuvenate.

As the dining destination in Asia, Galaxy Macau offers a wide variety of gastronomic delights, exquisite experiences and ingredients of the finest quality with over 120 dining options from Michelin dining to authentic delicacies; Galaxy Promenade is the hottest shopping destination featuring the latest in fashion and curated experiences in Macau. Spanning over 100,000-square-meter, luxury flagship stores, lifestyle boutiques and our selection of labels are among the more than 200 world-renowned brands for a world-class shopping journey; Galaxy Cinemas, immersive thrills and luxurious comfort go hand in hand at Galaxy Cinemas. All 10 theaters are equipped with the latest audio-visual technology; CHINA ROUGE, one-of-a-kind cabaret lounge that evokes the glamor of Shanghai’s golden era with stylish entertainment and customizable surrounds; and Foot Hub, which presents the traditional art of reflexology for authentic relaxation and revitalization. For Authentic Macau Flavours and Vibrant Asian Experiences, Broadway Macau – just a 90-second walk via a bridge from Galaxy Macau, has over 35 Authentic Macau & Asian Flavours at Broadway Food Street. The 2,500-seat Broadway Theatre plays host to world-class entertainers and a diverse array of cultural events. Meeting, incentive and banquet groups are also catered to with a portfolio of unique venues in Galaxy Macau and an expert service team.

Galaxy International Convention Center (GICC) is the latest addition to the Group’s ever-expanding integrated resort precinct and will usher in a new era for the MICE industry in Macau. GICC is a world-class event venue featuring 40,000-square-meters of total flexible MICE, and the 16,000-seat Galaxy Arena – the largest indoor arena in Macau.

For more details, please visit , and .