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Visionary Holdings: Deeply Responding to the Concerns of the Capital Market and Demonstrating Solid Development Strength

TORONTO, Feb. 26, 2025 /PRNewswire/ — Recently, in response to numerous questions from the capital market regarding Visionary Holdings (Nasdaq Stock Code: GV), the company has specifically issued this press release with the aim of providing a comprehensive and clear response to these concerns and showcasing the company’s stable development trend and broad prospects.

The company has always adhered to the mission of “Innovative Medical Technology, Protecting Human Health” and has the vision of becoming a “Global Leader in Precision Medicine.” Driven by this mission and vision, the company has been continuously exploring and making proactive efforts in the field of biomedicine, striving to bring more efficient and precise medical solutions to patients around the world.

In terms of finance, the company’s current revenue mainly comes from the transformation of phased achievements of existing businesses. Although the current revenue scale has not yet reached the explosive growth stage, with the gradual commercialization of core products, there is a strong expectation for revenue growth. The R&D expenditure has maintained a reasonable and necessary investment level over the past few years, accounting for approximately 15% of the total expenditure each year. It is mainly concentrated in the key area of early cancer screening research and development. The company’s profitability is steadily increasing. Through optimizing the cost structure and improving operational efficiency, it has achieved positive growth in marginal profit. In terms of sources of funds, the company mainly relies on the cash reserves accumulated in the early stage, long-term credit cooperation with financial institutions, and continuous capital injection from strategic investors to ensure sufficient financial support for various R&D and investment activities. Currently, the debt level is within a reasonable range in the industry, and the financial structure is stable.

Facing fierce market competition, Visionary Holdings has unique competitiveness in innovation ability and R&D speed. The company focuses on breakthroughs in cutting-edge technologies in niche areas, with early cancer screening and targeted detection as its core, and adopts a differentiated competition strategy. For example, in the field of home cancer detection technology, the company’s developed rapid home detection technologies for cervical cancer and colorectal cancer have entered the clinical trial stage and are expected to be officially launched on the market within 18 months. The commercialization model will adopt a combination of B2B and B2C. It will not only establish cooperation with hospitals, clinics, and pharmacies but also directly sell to consumers through online channels. The company’s detection technology focuses on detecting precancerous lesions. It is fast and convenient, allowing self-testing at home, and the results can be obtained within 15 minutes. With a lower detection cost, it has stronger market competitiveness.

In terms of the profit model, in addition to the above-mentioned commercialization path of cancer screening technology, the company will also expand its profit channels through means such as technology licensing and joint development. For future expansion plans, the company’s funds mainly come from diversified financing channels, including strategic investment, bond financing, etc. While ensuring the capital demand, it will carefully plan equity financing to minimize the dilution impact on existing shareholders.

Visionary Holdings has always adhered to the development concept of rigor and innovation. Under the guidance of the mission of “Innovative Medical Technology, Protecting Human Health,” it is striding forward towards the vision of becoming a “Global Leader in Precision Medicine.” The company is confident that with its solid technical strength, reasonable financial planning, and clear market strategy, it will achieve greater success in both the capital market and the medical field, create long-term value for shareholders, and contribute to the development of the global medical cause.

 

 

SPC Group Opens New Bakery Plant in Malaysia, Aiming to Tap into the 2-Billion Strong Halal Market

SEOUL, South Korea, Feb. 26, 2025 /PRNewswire/ — SPC Group, a leading South Korean food and bakery company known for its global brands such as Paris Baguette, has completed the construction of a new bakery production plant in Nusajaya Tech Park, Johor, Malaysia, as part of its strategic expansion into the USD 2.5 trillion Halal food market.

Exterior View of the Paris Baguette Johor Production Center
Exterior View of the Paris Baguette Johor Production Center

At the inauguration ceremony of the Paris Baguette Johor Production Center on February 25, Hur Young-in, Chairman of SPC Group, stated, “With our Johor plant as the strategic base, SPC Group aims to bring healthy and joyful flavors for two billion Muslim consumers across Southeast Asia and the Middle East.

The event was attended by YAB Dato’ Onn Hafiz Bin Ghazi, Chief Minister of Johor, Yeo Seung-bae, South Korean Ambassador to Malaysia, as well as key SPC Group executives, including Chairman Hur Young-in, President Hur Jin-soo, Hana Lee, Head of AMEA (Southeast Asia, Middle East, and Africa) at Paris Baguette, and Kim Bum-soo, CEO of SPC Samlip.

Expanding Reach in the Halal Market

The Paris Baguette Johor Production Center will serve as a key hub for supplying Halal-certified bakery products to the global market, with a primary focus on Southeast Asia and the Middle East. Paris Baguette currently operates in six Southeast Asian countries, including Malaysia, Singapore, Indonesia, Vietnam, Cambodia, and the Philippines, and is preparing to enter Thailand, Brunei, and Laos through master franchise agreements. Expansion into Saudi Arabia and the UAE is also underway.

Advanced Production Capabilities and Global Competitiveness

Spanning 12,900m², the new facility houses seven production lines, capable of producing up to 300,000 bakery products daily (approximately 100 million annually). The SPC Group has invested approximately USD 56 million, doubling its initial budget, to integrate advanced automation and enhanced safety systems. This new plant will allow Paris Baguette to supply fresher, higher-quality products to the Southeast Asian and Middle Eastern markets, strengthening the competitiveness of its brand in these regions. Additionally, the company plans to expand its Halal-certified product offerings to North America, Europe, and Africa, further broadening its global customer base.

SPC Samlip’s ASEAN Expansion Strategy

SPC Samlip, a major SPC Group subsidiary specializing in food manufacturing and distribution, is also planning to manufacture export-oriented Halal products at the Johor facility. In March, SPC Samlip plans to establish a new ASEAN subsidiary, leveraging the Johor Production Center as a strategic base for expanding business operations in Southeast Asia and the Middle East. The subsidiary will serve as a regional hub for distributing finished products manufactured in Korea. It will also supply frozen dough to cafes, hotels, and large-scale retailers in the region. In addition, SPC aims to develop tailored B2C (Business-to-consumer) products suited to local market trends and preferences, ultimately accelerating its entry into the retail market.

Government Recognition and Future Global Expansion

During the ceremony, YAB Dato’ Onn Hafiz Bin Ghazi, Chief Minister of Johor, stated, “Paris Baguette’s decision to establish its first Halal-certified food hub here is a significant development for Johor and Malaysia as a whole. This facility will not only strengthen Johor’s role within the Johor-Singapore Special Economic Zone but will also provide numerous employment opportunities, contribute to the local economy, and further enhance Malaysia’s reputation as a global leader in Halal food production.”

Jin-soo Hur, President of SPC Group, added, “The completion of the Johor Production Center marks a significant milestone in strengthening our global supply chain and securing a solid foundation for sustainable growth. As a strategic base for the Halal market, this facility will enable us to accelerate and enhance the effectiveness of our global expansion.”

SPC Group is actively establishing production hubs across key global regions, including the Johor plant in Malaysia, the Tianjin plant in China (built in 2017), and an upcoming facility in Texas, USA. The company is on track to achieve its Vision 2030, aiming to become a “Great Food Company” with 12,000 stores worldwide by 2030.

SPC Group Chairman Hur Young-in delivering a speech at the opening ceremony of the Johor Production Center
SPC Group Chairman Hur Young-in delivering a speech at the opening ceremony of the Johor Production Center

Lunit Announces Leadership Transition at Volpara: Craig Hadfield Appointed CEO

SEOUL, South Korea and WELLINGTON, New Zealand, Feb. 26, 2025 /PRNewswire/ — Lunit (KRX:328130.KQ), a leading provider of AI-powered solutions for cancer diagnostics and therapeutics, today announced the appointment of Craig Hadfield as the new CEO of its subsidiary, Volpara Health Technologies. Craig, who currently serves as Volpara’s Chief Customer and Financial Officer, will assume the role effective April 1, 2025.

Craig Hadfield, newly appointed CEO of Volpara (Courtesy of Lunit)
Craig Hadfield, newly appointed CEO of Volpara (Courtesy of Lunit)

Craig brings nearly nine years of leadership experience to Volpara, where he has played a pivotal role in scaling the company from a startup to an industry leader in breast health solutions. Since joining Volpara in 2016, he has overseen financial operations, strategic acquisitions, and the company’s transition to a SaaS-based model. Under his leadership as CFO from 2017 to 2024, Volpara’s annual recurring revenue grew up to over US$34 million, and the company achieved cash flow break-even for the first time in 2023. Craig was also instrumental in Volpara’s acquisition by Lunit in 2023 and has since led its customer success and implementation teams.

“We are confident that Craig’s leadership will drive Volpara’s continued success and innovation in breast health,” said Brandon Suh, CEO of Lunit. “His deep understanding of Volpara’s business and his proven leadership make him the ideal person to guide the company into its next phase of growth. We look forward to his continued success in driving Volpara’s mission to advance breast health solutions worldwide.” 

“I am honored to step into this role and continue leading Volpara’s mission to transform breast health through innovative AI-powered solutions,” said Craig. “Having been part of Volpara’s journey for nearly a decade, I look forward to working with our talented team, partners, and customers to expand our impact and drive even greater value in breast cancer detection and patient care.”

Craig, who has worked across South Africa, New Zealand, the Bahamas, and the United States, is a qualified Chartered Accountant and previously held roles at Ernst & Young (EY) and Deloitte before joining Volpara. He holds a Bachelor of Commerce in Accounting and Finance and an Accounting Higher Diploma from the University of Witwatersrand in Johannesburg, South Africa.

About Lunit

Founded in 2013, Lunit (KRX:328130.KQ) is a medical AI company on a mission to conquer cancer. Lunit harnesses AI-powered medical image analytics and biomarker analysis to ensure accurate diagnosis and optimal treatment for each cancer patient. The FDA-cleared Lunit INSIGHT suite for cancer screening serves over 4,800 medical institutions across 55+ countries. Lunit clinical studies have been published in top journals, including the Journal of Clinical Oncology and the Lancet Digital Health, and presented at global conferences such as the ASCO and RSNA. Headquartered in Seoul, South Korea, with a network of offices worldwide, Lunit leads the global fight against cancer. Discover more at lunit.io.

About Volpara Health

Volpara Health is on a mission to save families from cancer with AI-powered software that helps healthcare providers better understand cancer risk, guide personalized care decisions, and recommend additional imaging and interventions. Used in over 3,500 facilities by more than 9,500 technologists worldwide. Volpara’s software impacts nearly 18M patients, supports over 3.6M annual cancer risk assessments, and integrates seamlessly with electronic health records and imaging systems. Volpara helps radiologists quantify dense breast tissue with precision and technologists produce mammograms with optimal positioning, compression, and dose. Volpara software also streamlines operations to ease compliance and accreditation. Volpara, a Lunit company, is headquartered in Wellington, New Zealand, and has an office in Seattle. Volpara is the trusted partner of leading healthcare institutions globally. For more information, visit www.volparahealth.com.

SINEXCEL Showcases Solar-Storage-Charging and Energy Storage Solutions for C&I Applications at Intersolar & Energy Storage North America 2025

SAN DIEGO, Feb. 26, 2025 /PRNewswire/ — SINEXCEL (300693.SZ), a global pioneer in modular energy storage and EV charging solutions, presents its comprehensive energy solutions at Intersolar North America 2025. With a focus on enhancing energy efficiency, SINEXCEL showcases its cutting-edge Solar-Storage-Charging Solutions, along with two key storage products: the 160kW Modular Bi-directional Storage Inverter and the SES-90K Pre-engineered All-in-one Outdoor BESS Cabinet, both designed to optimize energy usage, enhance energy resilience, and drive cost savings for C&I applications.

SINEXCEL Showcases Solar-Storage-Charging and Energy Storage Solutions for C&I Applications at Intersolar & Energy Storage North America 2025
SINEXCEL Showcases Solar-Storage-Charging and Energy Storage Solutions for C&I Applications at Intersolar & Energy Storage North America 2025

Solar-Storage-Charging Solution: A Unified, Intelligent Approach

SINEXCEL highlights its Solar-Storage-Charging Solution, designed to maximize energy efficiency with rapid response times and enhanced safety.

This solution improves solar and energy storage efficiency by 4%, directly converting both battery electricity and solar power into the current needed for charging. The system’s capacity is scalable, allowing for the addition of ultra-fast charging infrastructure, solar storage, and vehicle-grid interaction capabilities to meet the needs of the rapidly growing electric vehicle sector.

At the core of this solution lies the Tianji Architecture, a distributed modular DC bus with a standardized platform. This architecture ensures 0 power consumption, 0 on-site maintenance, 0 curtailment, and 0 grid connection, 0 overload, guaranteeing safe and efficient operation of all equipment and power line—offering charge point operators unmatched reliability.

SES-90K Pre-engineered All-in-one Outdoor BESS Cabinet

The SES-90K is a modular, pre-engineered battery energy storage solution designed for easy configuration and maintenance. With flexible power configurations ranging from 30kW to 90kW, it can be adapted to a wide range of applications and is certified for global grid compatibility.

Built to endure the most challenging environments, the S90 features IP54/NEMA 3R protection, seismic resistance, and has been rigorously tested for safety with UL9540 and UN3480 transport certification. Featuring 3-9 MPPTs, it optimizes solar energy output, improving both energy conversion and generation efficiency. Additionally, its 30ms automatic backup switch ensures uninterrupted power supply during grid outages, making it a reliable choice for critical applications.

160kW Modular Bi-directional Storage Inverter

SINEXCEL’s PWS1-160M-H-EX/NA inverter is designed for maximum versatility and performance in the harshest environments. With an IP66 rating, it is built to withstand extreme conditions like islands and deserts, and supports flexible configurations, including flat, vertical, or wall-mounted installations. The inverter offers a flexible 850–1500Vdc range, accommodating various battery types.

Engineered for grid frequency regulation, the 160kW inverter can handle overloads up to 1.5 times for 10 seconds and responds flexibly to FFR, FCR, and FCAS services. Its compatibility with both air-cooled and liquid-cooled batteries ensures efficient heat dissipation. With a 1.6MW capacity from 10 units in parallel, it’s an ideal solution for both grid-connected and isolated energy systems.

A Sustainable Future Ahead

With a commitment to driving the transition to renewable energy, SINEXCEL is committed to developing innovative energy solutions backed by nearly 20 years of expertise in power electronics, empowering energy freedom and unlocking new possibilities for sustainable, efficient energy use.

About SINEXCEL

Founded in 2007, SINEXCEL is a leading pioneer of energy storage, EV charging and power quality solutions, backed by nearly two decades of expertise in power electronics. With over 12 GW of installed capacity in energy storage projects and 140,000 deployed EV charging systems, SINEXCEL has collaborated with more than 600 partners, including industry leaders EVE Energy and Shell, across 60+ countries and six continents. SINEXCEL is dedicated to delivering innovative energy solutions worldwide, empowering energy freedom and cultivating a cleaner, greener future.

Media Contact
Melody Yu, Marketing Manager
melody_yu@sinexcel.com 

Compass Mining Expands with 20 MW Hydro-Cooled Bitcoin Mining Facility in North Dakota

5.5 MW of the Next-Generation Antminer S21 Hydro Machines Already Energized for Institutional Client

WILMINGTON, Del., Feb. 26, 2025 /PRNewswire/ — Compass Mining (“Compass” or the “Company”), a leading provider of Bitcoin mining hardware, hosting, and operational solutions, is pleased to announce the launch of a new 20-megawatt (MW) Bitcoin mining facility in North Dakota. The facility is equipped with the water-cooled Antminer S21 Hydro machines, with 5.5 MW of capacity already energized by Compass. The remaining machines will be phased in over the coming months to meet growing demand from Compass’s clients.

This expansion allows Compass to immediately provide hosting services to both institutional investors and individual miners. Effective immediately, customers purchasing machines through Compass’s platform—starting with a minimum order quantity (MOQ) as low as one unit—will have the option to deploy them at the “North Dakota 2″ site.

“Our continued expansion of both self-owned and partner-operated facilities reflects our commitment to offering flexible and efficient Bitcoin mining solutions,” said Shanon Squires, Chief Mining Officer at Compass Mining. “The introduction of hydro-cooling technology provides our clients with a more powerful and energy-efficient mining option while ensuring long-term machine durability.”

The newly energized 5.5 MW of power capacity consists of 1,000 units of the Antminer S21 Hydro, the newest generation of bitcoin mining machines. These machines use advanced water blocks to dramatically improve cooling efficiency compared to traditional air-cooled systems. This results in increased processing power, reduced energy consumption, and a more stable operating environment, minimizing downtime and maximizing long-term performance.

Compass Mining’s strategic approach combines self-owned facilities, such as its recent Iowa 4 site, with high-uptime third-party partnerships to maximize operational reliability. In 2024, Compass energized approximately 50 MW of mining capacity across sites in Indiana, Iowa, Ohio, Kentucky, Nebraska, and Texas, reinforcing its position as the leading provider of hosting and operational solutions for bitcoin mining.

About Compass Mining

Compass Mining is a customer-first company that provides a platform for individuals and businesses to purchase Bitcoin mining hardware, host machines, build and manage mining facilities, and access a range of ancillary services. With a commitment to exceptional customer support and transparency, Compass Mining sets the benchmark for bitcoin mining hosting. Its mission is to make Bitcoin mining accessible to everyone. To learn more about Compass Mining or to start mining today, visit compassmining.io.

IBM Expands Granite Model Family with New Multi-Modal and Reasoning AI Built for the Enterprise

  • Granite 3.2 – small AI models offering reasoning, vision, and guardrail capabilities with a developer friendly license
  • Updated Granite time series models that offer long-range forecasting with less than 10M parameters

ARMONK, N.Y., Feb. 26, 2025 /PRNewswire/ — IBM (NYSE: IBM) today debuted the next generation of its Granite large language model (LLM) family, Granite 3.2, in a continued effort to deliver small, efficient, practical enterprise AI for real-world impact.


All Granite 3.2 models are available under the permissive Apache 2.0 license on Hugging Face. Select models are available today on IBM watsonx.ai, Ollama, Replicate, and LM Studio, and expected soon in RHEL AI 1.5 – bringing advanced capabilities to businesses and the open-source community. Highlights include:

  • A new vision language model (VLM) for document understanding tasks which demonstrates performance that matches or exceeds that of significantly larger models – Llama 3.2 11B and Pixtral 12B – on the essential enterprise benchmarks DocVQA, ChartQA, AI2D and OCRBench1. In addition to robust training data, IBM used its own open-source Docling toolkit to process 85 million PDFs and generated 26 million synthetic question-answer pairs to enhance the VLM’s ability to handle complex document-heavy workflows.
  • Chain of thought capabilities for enhanced reasoning in the 3.2 2B and 8B models, with the ability to switch reasoning on or off to help optimize efficiency. With this capability, the 8B model achieves double-digit improvements from its predecessor in instruction-following benchmarks like ArenaHard and Alpaca Eval without degradation of safety or performance elsewhere2. Furthermore, with the use of novel inference scaling methods, the Granite 3.2 8B model can be calibrated to rival the performance of much larger models like Claude 3.5 Sonnet or GPT-4o on math reasoning benchmarks such as AIME2024 and MATH500.3
  • Slimmed-down size options for Granite Guardian safety models that maintain performance of previous Granite 3.1 Guardian models at 30% reduction in size. The 3.2 models also introduce a new feature called verbalized confidence, which offers more nuanced risk assessment that acknowledges ambiguity in safety monitoring.

IBM’s strategy to deliver smaller, specialized AI models for enterprises continues to demonstrate efficacy in testing, with the Granite 3.1 8B model recently yielding high marks on accuracy in the Salesforce LLM Benchmark for CRM.

The Granite model family is supported by a robust ecosystem of partners, including leading software companies embedding the LLMs into their technologies.

“At CrushBank, we’ve seen first-hand how IBM’s open, efficient AI models deliver real value for enterprise AI – offering the right balance of performance, cost-effectiveness, and scalability,” said David Tan, CTO, CrushBank. “Granite 3.2 takes it further with new reasoning capabilities, and we’re excited to explore them in building new agentic solutions.”

Granite 3.2 is an important step in the evolution of IBM’s portfolio and strategy to deliver small, practical AI for enterprises. While chain of thought approaches for reasoning are powerful, they require substantial compute power that is not necessary for every task. That is why IBM has introduced the ability to turn chain of thought on or off programmatically. For simpler tasks, the model can operate without reasoning to reduce unnecessary compute overhead. Additionally, other reasoning techniques like inference scaling have shown that the Granite 3.2 8B model can match or exceed the performance of much larger models on standard math reasoning benchmarks. Evolving methods like inference scaling remains a key area of focus for IBM’s research teams.4

Alongside Granite 3.2 instruct, vision, and guardrail models, IBM is releasing the next generation of its TinyTimeMixers (TTM) models (sub 10M parameters), with capabilities for longer-term forecasting up to two years into the future. These make for powerful tools in long-term trend analysis, including finance and economics trends, supply chain demand forecasting and seasonal inventory planning in retail.

“The next era of AI is about efficiency, integration, and real-world impact – where enterprises can achieve powerful outcomes without excessive spend on compute,” said Sriram Raghavan, VP, IBM AI Research. “IBM’s latest Granite developments focus on open solutions demonstrate another step forward in making AI more accessible, cost-effective, and valuable for modern enterprises.”

To learn more about Granite 3.2, read this technical article.

About IBM
IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs, and gain a competitive edge in their industries. Thousands of governments and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformations quickly, efficiently, and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this is backed by IBM’s long-standing commitment to trust, transparency, responsibility, inclusivity, and service. Visit www.ibm.com for more information.

Media contact:
Amy Angelini
IBM AI Communications
alangeli@us.ibm.com  

1

Vision model benchmark results are available in IBM’s technical article, IBM Granite 3.2: Reasoning, Vision, Forecasting, and More, published February 26,  2025.

2

Instruct model  benchmark results are available in IBM’s technical article, IBM Granite 3.2: Reasoning, Vision, Forecasting, and More, published February 26,  2025.

3

Inference scaling benchmark results are available in IBM’s technical research blog, Reasoning in Granite 3.2 Using Inference Scaling, published February 26, 2025.

4

Reasoning in Granite 3.2 Using Inference Scaling, IBM, published February 26, 2025.

 

IBM Corporation logo.
IBM Corporation logo.

 

NYSE CONTENT ADVISORY: PRE-MARKET UPDATE FOR FEBRUARY 26TH

NEW YORK, Feb. 26, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) is proud to offer a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

 

NYSE CONTENT ADVISORY: PRE-MARKET UPDATE FOR FEBRUARY 26TH

Trinity Chavez delivers the pre-market update on February 26th

  • The Dow continued to gain, aided by earnings from Home Depot (NYSE: HD)
  • Nvidia to report earnings after market close this evening
  • Markets closed mixed on Tuesday as investors weigh economic concerns and upcoming data

Watch NYSE TV Live every weekday 9:00-10:00am ET 

Video – https://mma.prnasia.com/media2/2628363/NYSE_Feb_26_Market_Update.mp4

 

CNPC ETRI Unveils 2024 Report on Oil and Gas Industry Development and 15th Five-Year Outlook

BEIJING, Feb. 26, 2025 /PRNewswire/ — On January 21, the CNPC Economics & Technology Research Institute (CNPC ETRI), China’s premier energy think tank, unveiled the 17th edition of its annual oil and gas industry report, titled 2024 Report on Oil and Gas Industry Development  in Beijing. The release was accompanied by the “Outlook on the Development Environment of the Domestic and International Oil and Gas Industry for the 15th Five-Year Plan” and the “Energy Data Handbook of CNPC ETRI.”

CNPC ETRI Unveils 2024 Report
CNPC ETRI Unveils 2024 Report

In 2024, the oil and gas industry shows a “stable yet evolving” landscape, driven by a resilient global economy amidst complexity.  It forecasts that in 2025, the industry will navigate a landscape of “seeking stability amid change,” as intensified competition among major nations could reshape the global energy sector. China’s oil and gas sector remains vital for economic growth, while also pushing towards environmentally responsible practices to achieve sustainability goals.

The report highlights global energy trends, significant trends include a shift towards clean energy, increased electrification, the expansion of emerging technologies, and enhanced energy integration. Looking ahead to 2025, global energy demand is anticipated to grow moderately, with a long-term shift towards green and low-carbon practices.

At the report release conference, industry analysts from CNPC ETRI discussed the development prospects for the oil and gas industry during the 15th Five-Year Plan period. However, the shift towards a multipolar world, coupled with a technological revolution, promises to reshape the energy landscape. China’s accelerated deployment of a sustainable and renewable energy ecosystem is expected to significantly stabilize the global energy supply chain and contribute to climate change mitigation efforts.