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HTX Commits to Fulfilling Global Corporate Responsibility: Building a Charity Chain to Deliver Love and Care

PANAMA CITY, Aug. 28, 2025 /PRNewswire/ — In the context of accelerated globalization, enterprises are being entrusted with a greater social responsibilities. For HTX, this responsibility extends beyond maintaining robust platform operations and continuously improving services—it also includes sustained commitment to societal welfare and proactively responding to the needs of vulnerable groups worldwide.

Over the past year, HTX and HTX DAO have visited multiple regions both at home and abroad, actively carrying out charity initiatives. Collaborating with local welfare institutions and philanthropic organizations, HTX and HTX DAO have provided both material support and emotional comfort to orphans, the elderly, and other disadvantaged groups, striving to ensure more people feel warmth and respect.

Establishing Genuine Connections with Communities

In Izmir, Turkey, HTX partnered with a local infant protection agency to provide essential supplies for abandoned newborns, and personally participated in visits and exchanges. There, team members delivered donations directly to caregivers and witnessed infants sleeping peacefully under the care of volunteers. Surmounting language barrier, a profound mutual understanding was fostered through kindness.


HTX’s Cross-Generational Compassionate Support in the CIS Region

The HTX team partnered with the St. Great martyr Catherine’s abode of virtue Georgia, to visit orphans, the elderly, and individuals with cognitive impairments residing there. Some of them were bedridden for extended periods, while others were nearly cut off from the outside world—but HTX’s visit broke through that silence. At that moment, charity was no longer an abstract concept, but a genuine act of companionship.


Contribution to Chi Minh City, Vietnam

At the Tam Binh Child Nurturing and Protection Center in Ho Chi Minh City, HTX donated food supplies and also provided direct financial assistance to improve the daily lives of the children. Local staff emphasized that such international support is immensely meaningful—not only easing operational pressures but also offering profound emotional encouragement.


Ongoing Commitment in Indonesia

Indonesia remains a dedicated site for HTX’s charitable efforts. Since 2024, HTX has engaged deeply with local welfare institutions, delivering meals and essential supplies to children for two consecutive years. Rather than opting for one-off donations, HTX emphasizes sustained contact and companionship—turning charity into a long-term bond of trust, not a fleeting consolation.


Championing DeFi-inspired Philanthropy Domestically

Within China, HTX DAO has embraced decentralized philanthropy by collaborating with prominent Web3 philanthropists and bestowing the title of “Charity Ambassador.” In January, HTX DAO officially named Loyal (Lu Yao) as HTX DAO Charity Ambassador, minting a bespoke Soulbound Token (SBT) to honor his commitment to decentralized charity and the Web3 ethos. Following this, HTX DAO and Loyal co-hosted a series of charity events focused on supporting children with special needs and those in remote areas—bringing warmth and hope to dozens through meaningful engagement.


Embedding Long-Term Philanthropy into Our Brand DNA

HTX regards charitable work as a core element of its global brand strategy. Each initiative embodies respect for local cultures and serves as an opportunity for fostering deep, bilateral connection. Through collaboration with local charitable institutions, HTX delivers both material aid and establishes stable, friendly relationships, facilitating mutual growth in localization and brand affinity.

For HTX, charity is not just an afterthought—it’s an essential part of the company’s growth journey. While offering premier crypto services, HTX continuously explores how it can leverage corporate strength to respond to global challenges—whether in terms of poverty, aging, or improving conditions for child development.

Looking ahead, HTX will continue to uphold its philosophy of “long-term commitment + human-centered care,” translating love and responsibility into grounded actions. We believe every small act can become a starting point for a better world; every step into communities expands the boundary of trust between the platform and its users.

Charity is not the destination—it’s the commencement. HTX is always on the journey.

About HTX

Founded in 2013, HTX (formerly Huobi) has evolved from a virtual asset exchange into a comprehensive ecosystem of blockchain businesses that span digital asset trading, financial derivatives, research, investments, incubation, and other businesses.

As a world-leading gateway to Web3, HTX harbors global capabilities that enable it to provide users with safe and reliable services. Adhering to the growth strategy of “Global Expansion, Thriving Ecosystem, Wealth Effect, Security & Compliance,” HTX is dedicated to providing quality services and values to virtual asset enthusiasts worldwide.

To learn more about HTX, please visit https://www.htx.com/ or HTX Square , and follow HTX on X, Telegram, and Discord

Expats experience services in Qianhai: No Red Tape, Only Red Carpets


SHENZHEN, CHINA – Media OutReach Newswire – 28 August 2025 – On the morning of August 27, “Qianhai Block V” was officially launched with the presence of representatives from various sectors in Shenzhen and Hong Kong. As the latest landmark for international talent innovation in Qianhai, Shenzhen, “Qianhai Block V” is rapidly emerging as an international talent hub that integrates the “innovation chain, industry chain, capital chain, and talent chain”. It is also propelling Qianhai to become a “golden stage” for talent to realize their dreams. By offering latest policy consultations, an easy access to optimal venture capital resources, and the most precise job matching, it will greatly support Shenzhen in building the best technology innovation ecosystem and talent development environment.

Qianhai Block V
Qianhai Block V

With the further optimization of its supporting infrastructure and policies, Qianhai vividly demonstrates how to break down administrative barriers with the “service cycle” and attract talent through “hardcore policies”. By fulfilling its promise of “no red tape, only red carpet”, today’s Qianhai has become a “preferred gateway” for international talent to integrate into the Guangdong-Hong Kong-Macao Greater Bay Area (GBA).

“It’s incredibly efficient! There’s no need to run between multiple departments. The entire process from seeking consultation to completing the paperwork was much smoother than I expected.” After experiencing the one-stop services at Qianhai International Talent Hub, American blogger Alysa Kees, known as “Qi Shiwen” in China, shared her feelings with overseas audiences on camera.

Qianhai Block V
Qianhai Block V

In Qianhai, the “one-stop convenience” that Qi Shiwen experienced has long permeated every aspect of talent services. The international talent hub has integrated 700 services covering the full spectrum of employment, entrepreneurship, and living. There are dedicated counters for foreign talent to apply for work permits and for Hong Kong and Macao residents to consult on cross-border living matters. Furthermore, through the “In Qianhai” smart digital platform, overseas individuals can schedule visa appointments and access policies online in advance. By entering their career direction and living preferences, users can receive instant, tailored recommendations on suitable companies, housing, and subsidies. This makes talent services truly within reach, thus realizing a talent ecosystem at their fingertips.

The latest data reveals that Qianhai is currently home to over 3,000 foreign professionals, more than 5,000 foreign residents and over 51,000 holders of postgraduate degrees or higher. With a total of 660,000 professionals engaging in modern services and industrial technology sectors, Qianhai has been a growing magnet for talent.

Convenient living amenities are a key reason why numerous professionals choose to stay in Qianhai. To address cross-border living needs, Qianhai has introduced thoughtful initiatives: Hong Kong residents can use their local e-wallets directly for frequent daily spending scenarios without switching payment methods; cross-border salary payments are processed with a single click, eliminating repeated bank verification and significantly improving the efficiency of financial transactions. Beyond daily transactions and financial matters, family-related needs have also been carefully considered. To accommodate the educational plans of different families, multiple international schools offer curricula from kindergarten to high school. In terms of healthcare, Hong Kong-style medical institutions provide familiar consultation models and language services, thus ensuring a smoother transition for cross-border living.

Through the “Strive and Rise Programme”, Hong Kong is actively positioning Qianhai as a preferred destination for its youth entrepreneurs so as to deepen cross-border cooperation. In August, 160 middle school students from Hong Kong visited the Qianhai Shenzhen-Hong Kong Youth Innovation and Entrepreneur Hub (E-hub) and Tencent Technology Innovation Workshop. While experiencing AI technology firsthand, they gained an in-depth understanding of relevant policies, such as “RMB 1 for office space” and “special fund for technology innovation” and the entrepreneurial advantages offered by Qianhai.

For aspiring entrepreneurs, Qianhai has provided a favorable platform for them to shine. Its entrepreneurial support spans the entire lifecycle. In the startup phase, the “RMB 1 for entry” policy allows qualified teams to obtain office space at low cost, coupled with mentorship for market analysis. During the growth phase, they can apply for a fund of RMB 500 million to help solve their financial challenges. The model of “R&D in Hong Kong and Commercialization in Qianhai” enables a rapid connection to the industrial chains in the Chinese mainland.

From the seamless services experienced by foreign talent and the entrepreneurial enthusiasm of Hong Kong youth to the rapid growth of startups, Qianhai has turned its promise of “no red tape, only red carpet” from a slogan into a daily reality for those pursuing their dreams here.

In days to come, Qianhai will continue to deepen cross-border service innovation, enhance full-cycle entrepreneurial support, and expand its distinctive industrial ecosystem. This will enable more global talent to navigate their undertakings with greater ease and confidence. While enjoying efficient and convenient services, they will unleash their value in the thriving industrial landscape and write a new chapter of open development in the GBA.

The issuer is solely responsible for the content of this announcement.

NetDragon Announces 2025 Interim Financial Results

Operating Expenses Reduced by 16% To Date, Full Impact Anticipated in H2 2025 and Beyond

Announcing Shareholder Return Program of No Less Than HKD600 Million

Embracing the New AI Era: AI Content Factory Empowering the Entire Company

HONG KONG, Aug. 28, 2025 /PRNewswire/ — NetDragon Websoft Holdings Limited (“NetDragon” or the “Company”; Hong Kong Stock Code: 777), a global leader in building internet communities, today announced its financial results for the first half of 2025. NetDragon’s management team will hold a conference call and webcast at 10:00am Hong Kong time on 29 August 2025 to discuss the results and recent business development.

Dr. Dejian Liu, Chairman of NetDragon, commented: “We maintained stable operations despite temporary challenges in the first half of 2025. The gaming business advanced its execution under the established ‘Evergreen Operation Plan’. While this led to short-term revenue fluctuations, gaming performance has now stabilised, showing only a marginal HoH decline in revenue. Meanwhile, Mynd.ai business was affected by external factors including increased tariffs and softening demand in its key markets. While challenges persist, our efforts to streamline operations and enhance cost efficiency have resulted in a 15.6% YoY reduction in the Company’s operating expenses with full impact anticipated in the second half of 2025 and beyond, paving the way for future profitability.”

“We are confident in our long-term sustainable growth and value-creation potential. With solid results from multiple strategic investments and robust cash reserves, we are well positioned to further our commitment of enhancing shareholder returns. The Board of Directors has approved an interim dividend of HKD0.5 per ordinary share, representing an increase of 25% YoY, and a distribution of no less than HKD600 million to our shareholders over the next 12 months through a combination of dividend payments and share repurchases (Shareholder Return Program).”

“For the longer term of development, we fully embraced the new artificial intelligence (AI) era and upheld our vision of ‘Infinite Growth’, while further advancing the execution of our dual-focus strategy – ‘AI+Gaming’ and ‘AI+Education’. In the gaming sector, our evergreen flagship IP Eudemons continued to elevate content quality and launched a series of crossover collaborations with cultural heritage projects and public welfare initiatives, leading to sustained growth in user engagement. Meanwhile, our Conquer IP delivered solid progress in overseas expansion and content monetisation. The ‘Content+Esports’ engine for Heroes Evolved IP proved to be a significant success. In the education sector, we implemented a systematic restructuring of our domestic EdTech businesses, sharpening our focus on core AI-powered projects such as country-level platforms, as well as the vocational education business. Our U.S.-listed subsidiary, Mynd.ai, successfully launched its next-generation integrated solution, ActivPanel 10® and Promethean ActivSuite® software, and reached an agreement to acquire an award-winning AI voice assistant technology, leveraging our vast user base to further enhance our SaaS offerings. In addition, we introduced Zhongke WengAI (“Wenge”), a leading AI large language model company in China, as a strategic shareholder of our Hong Kong-based subsidiary Cherrypicks to support its AI evolution. In August, Cherrypicks and Wenge jointly released three co-developed AI applications: the international version of X-Agent (AI-powered zero-code enterprise agent factory), WiSky (multilingual intelligence platform with AI-powered social listening for global decisions), and YoYa (multimodal creative studio with AI-powered all-in-one intelligent audio-video synthesis). This milestone marks the first time that China’s core AI technologies have been brought to global markets under the lead of a Hong Kong enterprise. In early June, we unveiled our strategy of empowering global digital education development through AI Content Factory at the United Nations High-level Expert Group Meeting in New York, as we move forward with partners to build a global education metaverse platform.”

2025 First Half Financial Highlights

  • Revenue was RMB2.4 billion, representing a 27.9% decrease YoY.
  • Revenue from the gaming and application services was RMB1.7 billion, representing 73.0% of the Company’s total revenue and reflecting an 18.1% decrease YoY, but the performance has stabilised with a 4.3% decrease HoH.
  • Revenue from Mynd.ai business was RMB641 million, representing 26.9% of the Company’s total revenue and a 45.7% decrease YoY, reflecting the extended demand adjustment caused by economic uncertainty.
  • Gross profit was RMB1.7 billion, representing a 24.7% decrease YoY, whereas gross profit margin increased 2.9 percentage points to 69.5% YoY.
  • Operating expenses decreased by 15.6% YoY to RMB1.4 billion, reflecting the early impact of our cost reduction and efficiency improvement measures, which are expected to be fully realised in the second half of 2025.
  • Profit attributable to owners of the Company was RMB30 million, representing a 92.5% decrease YoY, affected by an impairment loss of intangible assets as of 30 June 2025 which is expected to fully reverse in the second half of 2025 based on the current market price, as well as one-off expenses associated with the staff optimisation plan. Excluding these two items, the decrease in adjusted profit attributable to owners of the Company significantly narrowed.
  • The Company declared an interim dividend of HKD0.5 per ordinary share for the six months ended 30 June 2025.
  • Segmental Financial Highlights

2025 First Half

2024 First Half

Variance

(RMB million)

Gaming and
application
services

Mynd.ai
business

Gaming and
application
services

Mynd.ai
business

Gaming and
application
services

Mynd.ai
business

Revenue

1,738

641

2,121

1,180

-18.1 %

-45.7 %

Gross profit

1,498

163

1,849

351

-19.0 %

-53.6 %

Gross margin

86.2 %

25.4 %

87.2 %

29.7 %

-1.0 ppts

-4.3 ppts

Core segmental profit (loss)

501

(195)

688

(111)

-27.2 %

+75.7 %

Segmental operating expenses[1]

–       Research and development

(436)

(104)

(595)

(101)

-26.7 %

+3.0 %

–       Selling and marketing

(197)

(139)

(210)

(139)

-6.2 %

–       Administrative

(330)

(118)

(324)

(200)

+1.9 %

-41.0 %

[1] Segmental operating expenses exclude unallocated expenses/income such as directors’ emoluments and certain
administrative expenses that have been grouped into SG&A categories on the Company’s reported consolidated
 
financial statements, but cannot be allocated to specific business segments for purpose of calculating the segmental
profit (loss) figures in accordance with HKFRS 8.

Gaming and Application Services Business 

Revenue from our gaming and application services amounted to RMB1.7 billion in the first half of 2025, representing a decrease of 18.1% YoY and a slight decrease of 4.3% HoH. We remain committed to long-term operations and the development of evergreen IPs. While revenue experienced a temporary decline due to certain short-term factors, we continued to enhance player experience, drive user growth, and strengthen engagement – laying a solid foundation for the long-term sustainability of our gaming business. With the continued progress of business optimisation, segmental operating expenses have been effectively controlled, representing a decrease of 14.7% YoY, while core segmental profit rebounded HoH to RMB501 million, demonstrating strong resilience and positive recovery momentum.

In the gaming sector, the deployment of the AI Content Factory further enhanced operational efficiency: The overall workforce structure has been enhanced to further align with the AI era, thereby strengthening team capability and cohesion, which led to a 26.7% YoY reduction in R&D costs across the gaming and application service segment. Alongside cost optimisation, our “AI+” strategy has also significantly boosted our efficiency: different gaming teams under the same IP now collaborate more effectively through the AI Content Factory, achieving better integration and greatly enhancing cross-version content collaboration and automated generation capabilities. Our R&D and innovation efforts also closely align with the AI trends: Our major new title, Code-MY, started its closed beta testing for IP users in August, with preparations for its official launch underway. The mobile game Code-Alpha is preparing to expand into multiple overseas markets. With the support of AI Content Factory, our flagship IP Eudemons will be able to efficiently roll out multi-language versions, opening new opportunities overseas. Meanwhile, Legend of Eudemons was successfully launched on several mini game platforms in the first half, further enhancing the IP’s influence. In addition, our other self-developed IPs such as Under Oath and Zero Online, are scheduled for release through publishing and licensing partnerships, bringing in additional revenue. Looking forward, we are positioning the long-term R&D focus on AI-native games. We have already built preliminary capabilities in AIGC graphical design, multi-agent collaboration, intelligent NPC, closed-loop data iteration, data safety and compliance, planning to roll out prototypes by phases to lay the foundation for next-generation gaming innovation.

In the application services sector, we further advance our strategy of fully embracing the new AI era: Our domestic EdTech business will focus on core AI-powered projects such as country-level platforms, as well as vocational education business. In Thailand, our AI-driven vocational education project collaborated with the Ministry of Higher Education, Science, Research, and Innovation (MHESI) was officially launched, providing nationwide training in fields such as new electric vehicles for university students and the broader youth community. Supported by the World Bank, we signed a cooperation agreement with the Ministry of Secondary Education of Cameroon (MINESEC) to enhance digital education in the country, with the aim of improving education equity and teaching quality. Our Hong Kong-based subsidiary Cherrypicks successfully secured strategic investment from Wenge and will serve as its sole overseas commercialisation and go-to-market platform, facilitating the rollout of China’s leading AI technologies in Hong Kong, Macau, and overseas markets. Wenge’s “YaYi” large language model and its AI- Scientist Agent ranked first across two global AI Agent benchmarks in 2025, underscoring its world-class R&D capabilities. In August, Cherrypicks and Wenge jointly launched AI applications including social listening and multimodal content creation tools globally. Leveraging Hong Kong’s position as an international innovation and technology hub and its multilingual environment, these products will expand into overseas markets such as Southeast Asia, Europe, and the U.S. Beyond creating new revenue streams, this strategic partnership will further strengthen our AI capabilities and resources.

Beyond the gaming and application services business, the strategic value of the Company’s initiatives in frontier technologies and the AI+ ecosystem continues to materialise: Our investee in AI edge devices successfully launched a new generation of AI glasses, marking a key breakthrough in consumer applications. In cultural creativity and IP operations, the influence of our investee’s flagship IP portfolio further expanded, driving stronger commercialisation. Going forward, we will continue to focus our strategic investments on frontier technologies including AI, XR, robotics, and blockchain, as well as the cultural innovation sector, ensuring solid synergy effects with our core businesses.

Mynd.ai

Notwithstanding industry-wide softening throughout most of our key geographic markets, customer budget uncertainties, and increased tariffs, we are focused on positioning Mynd.ai for future success. The introduction of our next-generation integrated solution, ActivPanel 10® and Promethean ActivSuite® software, is the first step in the transformation of our core offerings designed to enhance cybersecurity, facilitate a seamless “plug and play” experience with customers’ existing technology, and lower lifetime cost of ownership. The accelerated product portfolio evolution is further enabled and enhanced by our continued focus on various cost optimisation initiatives designed to improve our competitive positioning in the market and facilitate further investments in our business. On the investment front, we are very excited to highlight our entry into an agreement to acquire an award-winning AI voice assistant technology, which we expect to complete during the third quarter. We believe that this acquisition will allow us to accelerate and evolve our AI-enabled solution roadmap and significantly enhance the interaction of the full ecosystem of software and hardware offerings in a classroom.

The key financial highlights for Mynd.ai in the first half of 2025 are as follows:

  • Revenue of RMB641 million compared to RMB1,180 million for the same period in the prior year, with the decrease primarily driven by declines in customer spending due to budgetary reductions caused by economic uncertainty
  • Core segmental loss of RMB195 million compared to a loss of RMB111 million for the same period in the prior year
  • Cash flow from continuing operations decreased by RMB239 million compared to the same period in the prior year, with cash reserves of RMB208 million as of June 30, 2025
  • Reduced outstanding indebtedness by RMB53 million since year end
  • Management continuing to implement cost saving measures to mitigate effects of education technology market headwinds

Management Conference Call and Webcast

NetDragon’s management team will hold a conference call and webcast at 10:00am Hong Kong time on 29 August, 2025 to discuss the results and recent business developments.

Details of the live conference call and webcast are as follows:

Webcast

https://webcast.roadshowchina.cn/njMGbE

International

+852 2112 1888

Mainland China                                       

HK (China)

4008 428 338

+852 2112 1888

US

+1 866 226 1406

UK

0800 032 2849

Passcode

3307029#

The live and archived webcast of the conference call will be available on the Investor Relations section of NetDragon’s website at http://ir.nd.com.cn/en/category/webcast. Participants in the live webcast should visit the aforementioned website 10 minutes prior to the call, then click on the icon for “2025 Interim Results Presentation and Webcast” and follow the registration instructions.

About NetDragon Websoft Holdings Limited

NetDragon Websoft Holdings Limited (HKSE: 777) is a global leader in building internet communities, with a long track record of developing and scaling multiple internet and mobile platforms that impact hundreds of millions of users. Over the desktop and mobile internet eras, NetDragon previously established China’s first online gaming portal, 17173.com, and China’s most influential smartphone app store platform, 91 Wireless.

Established in 1999, NetDragon is one of the most reputable and well-known online game developers in China with a history of successful game titles including Eudemons Online, Conquer OnlineHeroes Evolved and Under Oath. In the past 10 years, NetDragon has also achieved success with its EdTech business both domestically and globally. Fully embracing the new AI era, NetDragon is driving its vision of “Infinite Growth” through a dual-focus strategy of “AI+Gaming” and “AI+Education”. With its AI Content Factory empowering operations and working with partners to develop a global learning metaverse, NetDragon is committed to once again building a massive user community in the new AI era.

NetDragon’s overseas edtech business entity, currently a U.S.-listed subsidiary named Mynd.ai, is a global leader in interactive technology and its award-winning interactive displays and software can be found in more than 1 million learning and training spaces across 126 countries.

For investor enquiries, please contact:

NetDragon Websoft Holdings Limited

Ms. Maggie Zhou
Senior Director of Investor Relations
Email: maggiezhou@nd.com.hk / ir@netdragon.com
Website: ir.netdragon.com 

Rokid Glasses Make Debut at IFA 2025, Inviting Attendees to See Beyond Reality

BERLIN, Aug. 28, 2025 /PRNewswire/ — Rokid, a global pioneer in Augmented Reality (AR) and human-computer interaction, will showcase its latest innovations at IFA 2025, inviting attendees to See Beyond Reality at their Booth in Hall 6.2 Stand 169. Visitors will get a chance to experience the future via Rokid’s full suite of category leading entertainment and productivity AR and AI wearable including the brand new Rokid Glasses – making its first public consumer appearance at the show.

Rokid IFA 2025 Poster
Rokid IFA 2025 Poster

The Rokid Glasses advance what wearable technology can do by blending AI, AR, and a smart 12MP first-person camera into a sleek, ultra-lightweight 49g frame. Boosting productivity, the Rokid Glasses act as a true AI-driven smart assistant, transforming everyday experiences into seamless, hands-free interactions. From real-time multi-language translation that breaks down communication barriers, to instant object recognition and AI-powered problem solving, Rokid Glasses make complex tasks intuitive and accessible. The Rokid Glasses feature integrated premium audio ensures users can enjoy music, take calls, or stay on top of notifications without ever pulling out a phone, while the first-person camera captures life’s moments from your POV. Together, these features deliver a powerful fusion of lifestyle integration and advanced technology, making Rokid Glasses not just a gadget, but a smarter way to engage with the world. The lightweight frame supports customizable lenses for myopia or astigmatism, and the rechargeable case extends use with up to ten full charges, ensuring uninterrupted performance on the go.

With this launch, Rokid reaffirms its position as a global leader in AR innovation, delivering a product that truly empowers users to see, interact with, and experience the future in ways that go beyond the limits of the physical world—making advanced technology both accessible and meaningful for everyone.

IFA attendees can visit Rokid at Booth H6.2-169 from September 5–9, 2025, to experience the future of AR and AI wearables first-hand. Media are invited to book private demos and interviews in advance, please email jingwen.wang@rokid.com.

About Rokid

With over a decade of innovation in augmented realities, self-designed Android-based ecosystem YodaOS-Master, computer vision, optical display, and AI system design, Rokid has deployed AR and AI products in more than 80 countries, empowering users and industries to work, play, and connect in new ways.

Media Contact
Company: Rokid
Contact Person: Jingwen Wang
Email: jingwen.wang@rokid.com
Website: https://global.rokid.com/

JA Solar Debuts DesertBlue to Power the Global Desert Solar Surge

–  Certified for unrivaled reliability, DesertBlue sets a new benchmark for powering large-scale solar PV projects in harsh climates.

BEIJING, Aug. 28, 2025 /PRNewswire/ — JA Solar recently launched DesertBlue, a leading PV module engineered specifically for desert and semi-arid regions. Designed to withstand dust, heat, and high winds, DesertBlue delivers up to 650W of power with 24% efficiency, establishing a new global standard for reliable solar PV performance in extreme conditions.

JA Solar Debuts DesertBlue to Power the Global Desert Solar Surge
JA Solar Debuts DesertBlue to Power the Global Desert Solar Surge

Leading design institutes, EPC firms, and certification bodies attended the launch event, demonstrating the demand for specialized solutions for large-scale PV development in challenging environments.

“DesertBlue represents a strategic milestone in global solar development,” said Yang Aiqing, Executive President of JA Solar. “By directly addressing the unique challenges of desert deployment, we enable customers worldwide to unlock the full potential of renewable energy in regions considered too hostile for large-scale solar PV projects.”

Surge in Desert Solar Creates Unique Needs

Developers in China, the Middle East, and Africa are accelerating investment in desert-based solar bases, creating growing demand for rugged PV solutions. With deserts covering nearly one-quarter of Earth’s land surface, this trend could extend for decades.

Desert environments pose unique stressors for PV modules, including fine dust that reduces light transmission, abrasive sand that erodes coatings, strong winds that strain structural integrity, and extreme heat that degrades performance over time.

DesertBlue is engineered to meet these challenges head-on. Its nano-scale self-cleaning coating features dense microstructures and antistatic properties that reduce dust adhesion, allowing natural wind to assist in surface cleaning.

Delivering Value Across the Lifecycle

DesertBlue is engineered to create value from construction to operation. Key features include:

  • Anti-dust nanocoating: 32% less transmittance loss; extends module life by up to 5 years.
  • Sandstorm resilience: Up to 14% less power loss in abrasive conditions.
  • Reinforced frame: Withstands 6000 Pa front/4000 Pa rear loads.
  • Thermal stability: Operates up to 5°C cooler; produces 0.6% more power at 85°C.

In large-scale projects, DesertBlue reduces upfront costs, slashes cleaning Opex by up to $0.98M over 25 years and has already demonstrated 4.5% higher energy yield in field projects.

Certified Reliable

DesertBlue has also earned global recognition for its reliability in harsh environments. TÜV Rheinland awarded it the world’s first “Desert Module” certification after rigorous testing, including UV exposure, thermal cycling, and sand abrasion. TÜV SÜD further validated its LC2-level sand resistance, confirming durability under 11,000 robotic cleaning cycles with a sand load of 110kg/m²—resulting in less than 1% power degradation.

As the global energy transition accelerates, JA Solar’s DesertBlue is poised to power the next wave of desert PV expansion.

Empowering Hong Kong as a Global Digital Asset Innovation Hub: Official Launch of the Hong Kong Virtual Assets Listed Companies Association

HONG KONG, Aug. 28, 2025 /PRNewswire/ — At the critical juncture marking the implementation of the “Policy Statement 2.0 on the Development of Digital Assets in Hong Kong” and one month since the official effective date of the “Stablecoin Ordinance,” the Hong Kong digital asset industry has welcomed a landmark event today in Hong Kong—the official inauguration of the Hong Kong Virtual Assets Listed Companies Association (HKVALA). This inaugural ceremony gathers over 50 listed companies related to digital assets from Hong Kong stocks, A-shares, and US stocks. This signifies a transition in Hong Kong’s digital asset industry from “isolated advancement” to a new institutionalized phase of “ecosystem collaboration”, while providing a “Hong Kong model” for addressing the global challenge of balancing regulation and innovation in the digital asset sector through an innovative approach of “regulatory-industry synergy.

HKVALA was jointly initiated by representative listed companies in the digital asset field, licensed financial institutions, and RWA project parties, along with leading blockchain and digital technology solution providers and professional service organizations. It aims to consolidate industry consensus and deepen ecosystem collaboration. Leveraging Hong Kong’s robust regulatory framework and policy advantages, the Association will focus on building a stablecoin regulatory innovation pilot hub and an institutional-grade digital financial infrastructure platform. This will promote compliant innovation and feature large-scale applications in frontier areas, such as stablecoin and RWA, establishing global compliance benchmarks and further consolidating Hong Kong’s status as an international financial center.

Several esteemed members were invited to the ceremony, including Mr. Joseph Chan Ho-lim, Secretary for Financial Services and the Treasury; Hon. Dr. Johnny NG Kit-chong, MH, JP, Member of the National Committee of the Chinese People’s Political Consultative Conference, and Chairman of the Subcommittee on Issues Relating to the Development of Web3 and Virtual Assets of the Legislative Council of Hong Kong Special Administrative Region; Hon. Dr. Elizabeth Quat, BBS, JP, Member of the Legislative Council of the Hong Kong Special Administrative Region; Hon. Shang Hailong, Member of the Legislative Council of the Hong Kong Special Administrative Region; Hon. Benson LUK Hon-man, Member of the Legislative Council of the Hong Kong Special Administrative Region; and Mr. Zhang Huachen, President of HKVALA, Member of the All-China Youth Federation, and Co-Chief Executive Officer of GoFintech Quantum Innovation Limited. Representatives from over 50 founding member units, including listed companies from the Hong Kong Stock Exchange, US stock exchanges, and the A-share market, as well as licensed financial institutions, were also present to witness the occasion.

Policy Alignment: Building a Two-Way Bridge Between Regulation and the Market

At the beginning of the ceremony, Mr. Joseph Chan Ho-lim, Secretary for Financial Services and the Treasury, delivered the opening address. Mr. Chan highlighted the interpretation of the “Policy Statement 2.0 on the Development of Digital Assets in Hong Kong” and the “LEAP” framework, elaborating on Hong Kong’s path to building a credible and sustainable digital asset ecosystem that could be deeply integrated with the real economy from four key directions.

First, through continuous optimization of the legal and regulatory framework; second, expanding the variety of digitized products; third, advancing applications and cross-sector collaborations, while increasing funding support for related projects; and fourth, cultivating professional talent and deepening regional cooperation. Mr. Chan emphasized that Hong Kong will continue to integrate digital assets within traditional finance and consolidate its competitive advantages as an international financial center. He also expressed his hopes that the Association will play an active role in pushing Hong Kong toward a new future in digital finance.

Subsequently, the Hon. Dr. Johnny NG Kit-chong, MH, JP, Member of the National Committee of the Chinese People’s Political Consultative Conference and Chairman of the Subcommittee on Issues Relating to the Development of Web3 and Virtual Assets of the Legislative Council of Hong Kong Special Administrative Region, delivered an address. He pointed out that although the Association’s current scale is not yet comparable to similar institutions in the United States, its potential is immense. Since 2022, Hong Kong has continuously refined its digital asset policy framework, providing clear and stable guidance for the industry. Drawing on the example of South Korea, where about one-third of the population participates in digital assets, he believes Hong Kong still needs to expand the scale of exchanges, and suggested that the Association strengthen investor education and promote Hong Kong’s regulatory advantages internationally. He then offered the wisdom of “not seeking to run the fastest, but to run the farthest and most steadily,” while encouraging the Association to lead the industry toward healthy and sustainable development.

Mr. Zhang Huachen, the President of HKVALA, Member of the All-China Youth Federation, and Co-Chief Executive Officer of GoFintech Quantum Innovation Limited, stated that the establishment of the Association is an important milestone in the development of Hong Kong’s digital asset industry.

Hong Kong has a distinct competitive advantage in the global wave of digital asset compliance thanks to its three core strengths – its geographical location, legal system, and financial framework. He also noted that the Association’s core mission is to promote Hong Kong as an international leading digital asset center. Mr. Zhang then compared the financing boom in digital assets on the US stock market and particularly highlighted the immense potential of Hong Kong’s “stock-crypto linkage” model. He emphasized that the Association will take the “Rational Development Declaration” as its guiding principle, adhering to compliance baselines, promoting collaboration among members, and strengthening connections with financial institutions and regulatory authorities, while accelerating talent cultivation and injecting long-term momentum into Hong Kong’s economy and the sustainable development of digital finance.

Ecosystem Collaboration: First 49 Members Aggregating a Full-Chain “Industry Map”

At the ceremony, 49 representative listed companies in the digital asset field gathered together to witness the official establishment of the Hong Kong Virtual Asset Listed Companies Association. This marked the transition of Hong Kong’s digital asset industry from “decentralized exploration” to a new institutionalized development phase of “collaborative standardization,” further signifying that the Association’s organizational structure had been fully implemented and has now entered substantive operations.

Following this, the list of the first founding member units was grandly unveiled. The initial 49 member companies cover key sectors, such as finance, technology, and real industries, and serve as leaders in their respective fields – collectively building a complete industry ecosystem map. This broad coverage not only demonstrates the Association’s industry representation and strong cohesion but also highlights its value in promoting cross-sector collaboration and linking the entire industry chain.

Declaration as Foundation: Jointly Mapping a Blueprint for Healthy and Long-Term Industry Development

In the core segment of the ceremony, Mr. Huang Junlang, Executive President of the Association, solemnly read the “Rational Development Declaration of the Hong Kong Virtual Assets Listed Companies Association” on behalf of the member units. The declaration takes “rational development, compliance and self-discipline, and value co-creation” as its fundamental principles and announces four major action guidelines:

Adhere to compliance baselines and respond to regulatory consensus: Fully support the regulatory frameworks of the Securities and Futures Commission and the Hong Kong Monetary Authority while committing to legal and compliant operations, strengthening risk prevention and control, and effectively protecting investor rights.

Advocate for industry self-discipline and eliminate short-term speculation: Firmly resist “air projects” and focus on implementable applications, such as RWA tokenization, and ensure that innovation advances steadily under the premise of compliance.

Deepen ecosystem collaboration and build long-term mechanisms: Promote the implementation of regulatory rules and the formulation of international standards while establishing long-term industry governance mechanisms through the “Compliance Technology Alliance” and self-discipline funds.

Focus on long-term value and empower the construction of Hong Kong as a financial center: Promote technology for good and industry integration, adhering to a steady and sustainable development path.

This declaration not only actively responds to regulatory concerns but also outlines a clear blueprint for the long-term development of the industry. It also lays an institutionalized foundation for the orderly growth of Hong Kong’s digital asset ecosystem and establishes a more transparent, trustworthy, and cooperative bridge among enterprises, investors, and regulatory authorities. In the future, as the declaration is gradually implemented, Hong Kong’s influence in the global digital asset landscape will continue to rise, driving the industry toward a more rational, sustainable, and internationally competitive direction.

The official establishment of HKVALA marks the entry of Hong Kong’s digital asset industry into a new phase of “regulation-led, self-discipline-driven” development. As a key hub connecting policy and the market, the Association will adopt the collaboration philosophy of “joint exploration, joint advice, and joint building,” to promote compliant practices in frontier areas, such as stablecoins and RWA, and will continue to play a role in policy recommendations, standard formulation, and ecosystem co-construction. Looking ahead, the Association will continuously strengthen industry collaboration, create a high-quality environment conducive to innovative enterprises and international investors, and assist Hong Kong in building a global high ground for compliant digital asset development.

Introduction to the Hong Kong Virtual Asset Listed Companies Association HKVALA Official Website: https://hkvala.com

Establishment Background

With the release of the “Policy Statement 2.0 on the Development of Digital Assets in Hong Kong” and the effective date of Hong Kong’s “Stablecoin Ordinance,” Hong Kong’s strategic positioning as a global RWA (Real World Asset Tokenization) hub has been formally established. The rapid expansion of the digital asset industry has driven innovation and market prosperity, but it has also brought challenges, such as increased volatility and heightened risk prevention pressures. Establishing a robust and transparent regulatory system while maintaining market order and investor confidence has become a key prerequisite for the industry’s sustained, healthy development. Under these circumstances, the Hong Kong Virtual Asset Listed Companies Association (HKVALA) has emerged.

Association Positioning

The Hong Kong Virtual Asset Listed Companies Association was jointly created by numerous representative listed companies in the digital asset field. It aims to consolidate industry consensus and deepen government-enterprise collaboration. Leveraging Hong Kong’s unique regulatory framework and policy benefits, it is committed to building a stablecoin regulatory innovation practice hub and an institutional-grade digital financial infrastructure strategic platform. This will foster a global compliance benchmark for RWA (Real World Asset Tokenization), promoting compliant innovation and large-scale applications in frontier areas, such as stablecoins and RWA, to lead digital technology innovation and assist Hong Kong in consolidating its status as an international financial center.

Core Mission

Frontier Technology Exploration and Application: Focus on disruptive digital technologies such as blockchain, distributed ledger, and tokenization to promote their innovative applications in finance and the real economy. Standard Formulation and Policy Recommendations: Actively participate in policy dialogues and standard formulation in areas such as stablecoins, RWA, and digital assets in Hong Kong and internationally, contribute industry insights and promote the implementation of clear, stable, and forward-looking regulatory systems. Ecosystem Building and Collaborative Development: Promote deep cooperation among listed company members and with licensed financial institutions, leading technology solution providers, RWA project parties, and professional service organizations, to jointly build a prosperous and sustainable digital asset and fintech ecosystem.

Member Composition

HKVALA gathers numerous representative listed companies in the digital asset field, licensed financial institutions, leading blockchain and digital technology solution providers, RWA project parties, and professional service organizations.

Goals and Vision

The main goal is to respond to Hong Kong’s stablecoin and RWA strategic policies while promoting deep collaboration between government and enterprises in the fields of digital assets and fintech. This will consolidate Hong Kong’s position as an international digital asset and fintech center. Leveraging Hong Kong’s unique advantages, RWA prosperity, and digital technology innovation along with “joint exploration, joint advice, and joint building” action principles and the aggregate regulatory wisdom and industry forces to drive stablecoin compliance, the ultimate vision is to jointly build a globally leading innovation ecosystem.

Protus Group Attends the 80th National Day Anniversary of Vietnam in Singapore


HANOI, VIETNAM – Media OutReach Newswire – 28 August 2025 – Mr. Gao Minghui, Chairman and Chief Executive Officer of Protus Group, was recently honored with an invitation to attend the 80th Anniversary of Vietnam’s National Day, hosted by the Embassy of Vietnam in Singapore. The ceremony was held with great solemnity, bringing together a distinguished gathering of leaders from politics, business, and various other fields. The celebration served not only as a moment to reflect on Vietnam’s remarkable 80-year journey of nation-building and progress, but also as an opportunity to share the nation’s vision and aspirations for continued growth and a stronger presence on the global stage

Established in 2013 and headquartered in Singapore, Protus Group has been a pioneer in building efficient and sustainable international supply chain solutions, with global transaction volumes surpassing USD 20 billion. In 2024, Protus Group entered a strategic joint venture with Sunwah Group (Hong Kong), marking a new chapter in the exploration and development of modern international supply chain models.

Vietnam, a strategic link in Protus Group’s global network, has been part of the company’s footprint since 2021. To date, Protus has partnered with dozens of enterprises across sectors such as petrochemicals, paper packaging, agricultural processing, medical consumables, non-ferrous metals, and consumer goods. With financial support exceeding USD 30 million, Protus not only provides funding solutions but also helps Vietnamese businesses overcome key bottlenecks, from raw material procurement and credit term support to cross-border settlement and market expansion.

Throughout its journey with local partners, Protus has supported business growth and helped upgrade entire industries by fostering market leaders. One example is a major agricultural processor in Kon Tum, which, with Protus’s support, overcame challenges like limited raw material access and long payment cycles. As a result, the company achieved a fivefold revenue increase in one year, a strong testament to local industry transformation.

At the event, Mr. Gao stated, “We can provide tailored supply chain solutions for Vietnamese enterprises to support industry upgrading and regional economic development. Moreover, we hope to work hand in hand with Vietnam to build and share, jointly embracing greater opportunities in the future.”

Protus’s invitation to the 80th Anniversary of Vietnam’s National Day recognized its achievements and reaffirmed its commitment to a long-term partnership with Vietnam. Looking ahead, Protus will continue taking concrete actions to boost Vietnamese enterprises and contribute to regional prosperity.

Hashtag: #Protus

The issuer is solely responsible for the content of this announcement.

Xuan Wu Cloud Announces 2025 Interim Financial Results

The Group continues to focus on AI+SaaS business, with gross profit margin increasing year-over-year

  • In the first half of 2025, Xuan Wu Cloud achieved total revenue of RMB 410.9 million, and gross profit margin reached 18.2%, up 2.6 percentage points year-over-year
  • The Group served a cumulative total of 2,351 clients during the Reporting Period, and the total revenue contributed from its core clients accounted for 95.0% of the total revenue
  • The number of SaaS clients reached 1,558, and the Average Revenue Per User (“ARPU”) of SaaS core clients reached RMB1.1 million
  • The Group’s annual recurring revenue (“ARR”) of the Sales Cloud accounts for 62.9% of Sales Cloud revenue, representing a year-over-year increase of 12.4 percentage points compared with the same period last year.
  • The Service Cloud delivered exceptional results during the Reporting Period, with revenue growing 71.7% year-over-year to RMB26.6 million

GUANGZHOU, China, Aug. 28, 2025 /PRNewswire/ — Xuan Wu Cloud Technology Holdings Limited (hereinafter referred to as “Xuan Wu Cloud” or “The Group,” stock code: 2392.HK), a leading local intelligent CRM services provider in China, announced its interim results for the six months ended June 30, 2025.

During the Reporting Period, the Group proactively addressed the challenges posed by the market and industry, and by continuously focusing on AI+ SaaS business, the Group steadily improved the gross profit margin of this segment of business, which in turn drove the overall gross profit margin upward. Additionally, based on the prudent and strict financial control adopted by the Board, by implementing measures such as strengthening cash flow management, the Group was able to restore positive operating cash flow in the first half of 2025.

SaaS revenue accounts for nearly 60% of total revenue, driving year-over-year growth in gross profit margin

According to the announcement, Xuan Wu Cloud recorded revenue of RMB 410.9 million in the first half of 2025, of which the SaaS segment achieved RMB245.0 million, accounting for 59.6% of total revenue. This once again demonstrated the Group’s proactive implementation of its strategy to focus on SaaS business development.

On this basis, the gross profit margin of the Group’s SaaS business reached 26.5% during the Reporting Period, up 3.4 percentage points year-over-year. This improved the overall gross profit margin to 18.2%, with an increase of 2.6 percentage points year-over-year. At the same time, based on a series of measures taken by the Group’s board of directors to strengthen cash flow management, the Group achieved positive operating cash flow in the first half of 2025, which also strengthened the Group’s business operations in the second half of the year.

On the client side, during the Reporting Period, Xuan Wu Cloud adhered to its mission of helping companies with their digital transformation. Through the CRM SaaS “Three Clouds” (Marketing Cloud, Sales Cloud, and Service Cloud) products, as well as aPaaS and cPaaS platforms, the Group provided services to a total of 2,351 clients across four major industries: finance, FMCG, Government-related enterprises and technology, media and telecom (“TMT”). The total revenue of the Group’s core clients accounted for 95.0% of the total revenue, and the ARPU contributed by core clients reached RMB1.3 million. The number of the Group’s continuously focused SaaS clients reached 1,558 during the Reporting Period, and the ARPU of SaaS core clients reached RMB1.1 million.

Deepening AI+SaaS application capabilities to build a win-win ecosystem

As a leading domestic provider of intelligent CRM services, Xuan Wu Cloud is closely tracking the trends in the digital economy, continuously reinforcing the Group’s leading position in AI capabilities within the industry, and offering clients with high-quality digital and intelligent services through the Group’s comprehensive intelligent CRM product matrix.

During the Reporting Period, Xuan Wu Cloud continued to deepen its AI+SaaS product application capabilities. Specifically, Marketing Cloud is a business segment that the Group uses to serve clients in industries such as finance and Government-related enterprises, enabling digital and intelligent upgrades in marketing. During the Reporting Period, Marketing Cloud generated revenue of RMB 189.7 million. In terms of business, while continuously enhancing the capabilities of products and solutions, Marketing Cloud also continued to expand and implement clients in niche segments such as securities, and Government Services and Data Management. Among them, ICC (Integrated Communication Centre), the flagship product of Marketing Cloud, completed the latest protocol adaptation for the direct connection mode of mainstream domestic telecom operators during the Reporting Period, fully upgrading the product’s 5G message reach capability. In the meantime, ICC also continued to improve its information technology and innovation ecosystem, with the number of information technology and innovation adaptations increasing to 14, and completed the adaptation of components such as Jiyan and iPush to the HarmonyOS system. This is conducive to further opening up the market for domestic substitution. Through these measures, ICC has maintained a project bid-winning rate of over 90%.

The Sales Cloud represents the Group’s business segment focused on the second growth trajectory, dedicated to facilitating the digital and intelligent transformation of the entire marketing chain for consumer goods enterprises through the empowerment of AI and CRM, thereby supporting the enterprises in achieving intelligent growth. During the Reporting Period, Sales Cloud continued to promote the solution model of “consultation-driven solution + standard products + advanced aPaaS platform”, striving to optimise client business processes from top to bottom, helping clients better implement digital and intelligent solutions while also enhancing our own product commercial value. The core product of Sales Cloud, Smart Sales 100, strengthened its original product functions and updated its UI to optimise user experience during the Reporting Period. In the meantime, it added new plug-and-play components such as”super forms “and “questionnaires” to meet clients’ personalised needs. In addition, Smart U-Client under the Sales Cloud, which focuses on the durable consumer goods industry, underwent a comprehensive version upgrade based on Huawei’s Ascend AI ecosystem and DeepSeek large model. In the meantime, Smart U-Client also released multi-language versions to help enterprises improve marketing efficiency and expand their business scope globally.

In terms of AI products, during the Reporting Period, based on Xuan Wu Cloud’s self-developed Xuan Tao large model, which is specialised in the consumer goods industry, as well as open-source large models like DeepSeek, the Group continued to explore the needs of consumer goods terminal business scenarios. The Group launched the SKU super model that offers insights into the dynamics of beverage, liquor, and other industry terminal scenarios, as well as the industry’s only marketing vertical model for the milk powder industry — the anti-cheating and retouch detection model, known as”AI Retouch Detective”. In addition, the Group has added new features such as empty space detection and layered detection for terminal displays to our AI standard products, bringing the total number of standard products to 12. In the exploration of AI agent development, Xuan Wu Cloud has built multiple AI agents based on the aPaaS platform (a low-code platform). These agents serve as”development assistants”for enterprises to develop new business functions internally, and as “market research assistants”to help clients gain insights into market demands at the terminal. Additionally, to meet enterprises’ needs for efficiency management of salespeople, the Group can provide a “voice operation assistant” to help enterprises achieve their management goals. Furthermore, the Group’s business assistant “Smart Xiaoxuan” created by Smart U-Client has also been successfully implemented for clients.

Based on the above measures, during the reporting period, the Group’s sales cloud achieved revenue of RMB 28.6 million, with a significant increase in gross profit margin. At the same time, the Group’s annual recurring revenue (ARR) of the Sales Cloud accounts for 62.9% of Sales Cloud revenue, representing a year-over-year increase of 12.4 percentage points compared with the same period last year.

During the Reporting Period, the Service Cloud’s market share in post-loan management SaaS business further increased, with a year-on-year increase of 19.9% in the number of seats. In terms of product capabilities, the Service Cloud has evolved from outbound calls to full touchpoints, achieving breakthroughs in new contact methods like post-loan management SMS and flash messages. Additionally, the Service Cloud has integrated open-source large models like DeepSeek, developed a speech configuration robot, and successfully implemented it for clients. This product can help clients reduce 90% of their workload in speech configuration, significantly enhancing their overall work efficiency. Based on this, the Service Cloud achieved revenue of RMB26.6 million during the Reporting Period, representing a year-over-year increase of 71.7%.

While maintaining steady development in the Group’s own business, Xuan Wu Cloud was also actively building an ecosystem of domestic resources and channels. During the Reporting Period, the Group’s overseas service areas have expanded to include numerous countries and regions in Southeast Asia, Latin America, East Asia, the Middle East, and beyond. The Group has also forged direct resource cooperation with telecommunications operators in South Korea, Thailand and other countries, laying a solid foundation for the localisation of its overseas business operations. Domestically, the Group reached a strategic cooperation agreement with Tencent Cloud, and both parties will collaborate in areas such as AI products and services, cloud communication, and smart retail. Furthermore, the Group’s data-related products were listed on the Guangzhou and Shenzhen data exchanges during the Reporting Period, thereby further expanding the sales channels for data-related products.

Focusing on standard products and AI innovation, and anchoring the business goal of profitability improvement

Regarding developments in the second half of 2025, Xuan Wu Cloud stated in its announcement that the Group will continue to deepen the development goals of “product standardization, refined management, and business globalization”, prioritizing profits and achieving high-quality development.

In terms of core smart CRM products, the Group will enrich standardised components of core products to enhance profit margins, and will focus on improving the standardisation of core products across various business lines. By identifying common requirements in project delivery for different clients, the Group aims to develop more standardised product components. Coupled with standardised delivery processes, this will enable us to continuously optimise delivery cycles, reduce project costs, and increase profit margins. Simultaneously, based on the actual needs of client business scenarios, the Group will continue to enrich its AI standard product matrix, striving to achieve rapid product deployment.

In terms of AI innovation, the Group will strengthen the market expansion and operational efforts for key products such as the SKU super model and”AI Retouch Detective”, striving to make them flagship AI products of the Group. While consolidating the technological application in the AI+mass consumption sector, based on the Group’s customer resource advantages in the financial industry, the Group will also develop AI product applications for the financial industry in the second half of the year, including intelligent agent development, optimisation and upgrading of intelligent customer service, digital avatars, etc., thereby further deepening its cooperative relationship with clients.

In terms of ecology, given the market changes and challenges faced in the first half of the year, the Group will persist in continuously building its own ecosystems, maintaining closer ties with upstream and downstream partners in the industry chain. In the second half of the year, the Group will continue to strengthen interactions and cooperation with telecom operators, cloud service providers, and business partners, with the aim of achieving a more stable overall development for the Group. Additionally, the Group plans to implement localised operations in some overseas regions, deepen cooperation with resource providers, and further expand client base.

Mr. Chen YongHui, Chairman of Xuan Wu Cloud, expressed that looking ahead to the second half of 2025, we will continue to focus on expanding the SaaS business segment, optimizing product services, and improving organizational management to deepen our operational objectives of enhancing profitability, ultimately achieving sustainable and high-quality development for the Group as a whole.

Financial Results

 Six months ended 30 June

 2025

RMB’000

 2024

RMB’000

Change

%

Revenue

410,907

647,469

(36.5)

Gross profit

74,950

101,249

(26.0)

Operating loss

(26,968)

(4,106)

N/A

Losses before tax

(29,084)

(5,912)

N/A

Losses attributable to owners of the Group

(25,874)

(6,444)

N/A

Losses per share (expressed in RMB per share)   

(0.048)

(0.012)

N/A

Six months ended 30 June

2025

2024

Change

RMB’000

RMB’000

%

Revenue(By Service Segment)

CRM PaaS

165,951

282,411

(41.2)

CRM SaaS

244,956

365,058

(32.9)

Total Group

410,907

647,469

(36.5)

 

About Xuan Wu Cloud:

Xuan Wu Cloud Technology Holdings Limited, the largest local intelligent CRM service provider in China(stock code 2392.HK), which was successfully listed on the Main Board of The Stock Exchange of Hong Kong Limited on 8 July, 2022. The Group’s domestic operating entity is Xuan Wu Technology, which has established a marketing service system covering 34 provinces and cities across China. Xuan Wu Cloud has aPaaS, cPaaS, AI, and DI platform as technical base, with Marketing Cloud, Sales Cloud, Service Cloud as core SaaS product applications, aiming to provide customers with multi-touch, all-channel, entire business cycle management of intelligent CRM products and services.