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Xinhua Silk Road: China’s Shaangu Group shines at Hannover Messe 2025

BEIJING, April 8, 2025 /PRNewswire/ — The recently concluded Hannover Messe 2025, Germany’s leading industrial trade fair, highlighted cutting-edge topics, such as artificial intelligence (AI), green energy and digital transformation, attracting more than 3,800 exhibitors from around 60 countries and regions.

Chinese companies make up a significant portion of participants, with around 1,000 exhibitors, making China the second-largest exhibitor group after host country Germany, according to the organizer.

The booth of Shaanxi Blower (Group) Co., Ltd. (Shaangu Group) was surrounded by flows of visitors. The company has developed from an equipment manufacturer to a system solution and service provider through an innovative path of the combination of manufacturing, service and operation.

“When it comes to the bulky, high-power equipment, our clients care more about their system performance and delivery efficiency,” said Fan Xiaolong, head of Shaangu Europe R&D, a subsidiary of Shaangu Group in Germany. Fan added that in this case, the company provides one-stop solution from equipment manufacturing, turnkey engineering, industrial services, intelligentization to energy operation, rather than pure equipment.

Currently, Shaangu Group boasts 28 overseas companies and service subsidiaries in countries including Germany, the Czech Republic, India, and Indonesia, forming a global system featuring the combination of equipment, service and operation.

The company has acquired EKOL, a leading turbine manufacturer in the Czech Republic, to make R&D locally to respond to local industrial demands, while Indonesia has witnessed the largest air separation project built by Shaangu Group.

“Globalisation is not a simple process of copy-paste, but a reshaping and reconstruction of capabilities,” said Fan, adding that the company tries to localize in each region and respond quickly to customer needs.

The development of Shaangu Group is only an epitome of how Chinese companies are integrating into the global industrial innovation network in a more mature and systematic manner, from the field of energy systems, flexible manufacturing to robotics and pharmaceutical printing.

In an interview during the event, Stefan Hartung, chairman of the board of management of Robert Bosch GmbH, also highlighted China’s leadership in green transition and intelligent manufacturing, underscoring its increasingly pivotal role in shaping the future of global industry.

Original link: https://en.imsilkroad.com/p/345106.html

Juspay secures $60 million investment round led by Kedaara Capital


SINGAPORE – Media OutReach Newswire – 8 April 2025 – Juspay, a global leader in payment infrastructure for enterprises and banks, has secured $60 million as part of its Series D funding round in a combination of primary and secondary investments. This investment round was led by Kedaara Capital with participation from existing investors Softbank and Accel.

Juspay has expanded its global footprint across Asia-Pacific, Latin America, Europe, UK and North America. The company recently established a new office in Singapore to serve as a strategic hub for its Asia-Pacific operations. Juspay also continues to accelerate the growth of its open-source payments orchestration platform, empowering merchants with an interoperable, transparent and modular solution that ensures full flexibility and control over their payments stack. Juspay plans to further advance its AI capabilities to build future-ready innovations aimed at improving workforce productivity and merchant experience.

For the past decade, Juspay’s mission has been to create long term value across the payments ecosystem—supporting merchants, banks, networks, and, by extension, the billions of users they serve.” said Sheetal Lalwani, Co-founder & COO of Juspay. “Today, as we expand our global footprint and push the boundaries of AI, we remain committed to building truly open source and interoperable payment systems that embrace the growing diversity in the payments landscape. We welcome Kedaara Capital, we could significantly benefit from their rich experience as we build towards the next phase of our growth”, he added.

“We’re excited to partner with Juspay as they revolutionize global payments,” said Nishant Sharma, Founder and Managing Partner at Kedaara Capital. “Their strong tech foundation, open-source approach, and visionary leadership make them a standout. We look forward to supporting Vimal, Sheetal, and the team as they scale a resilient, future-ready platform for leading enterprises and financial institutions.”

Founded in 2012, Juspay is a global leader in enterprise payment solutions, powering payments for merchants and banks worldwide as their technology service provider (TSP) of choice. Juspay provides full-stack orchestration, checkout experience, 3DS authentication, tokenisation, unified analytics, and value-added services for enterprise merchants, as well as end-to-end payments acceptance and real-time payments infrastructure for leading banks. Headquartered in Bengaluru, India, with offices in San Francisco, Sao Paulo, Dublin, and Singapore, Juspay supports market-leading clients across the globe, processing more than 200Mn transactions daily, at 99.999% reliability, with over $900Bn in annual total processed volume.

Avendus Capital acted as the exclusive financial advisor to Juspay on this transaction.Hashtag: #Juspay

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

About Juspay

Juspay is a leading multinational payments technology company, redefining payments for 500+ top global enterprises, banks, and card schemes. Juspay offers a comprehensive product suite for merchants that includes open source orchestration, payouts, seamless authentication, tokenization, fraud management, end-to-end reconciliation, unified analytics & more. The Company is headquartered in Bengaluru, India with offices across the globe.

About Kedaara Capital

Kedaara is an operationally oriented private equity firm pursuing control and minority investment opportunities in India. It currently manages over $6 billion through investments in several market-leading businesses across a variety of sectors including financial services, consumer, pharma/healthcare, and technology/business services. Since its inception, Kedaara has remained singularly dedicated to its stated strategy of focusing on investments built through trust-based relationships with best-in-class entrepreneurs and management teams across secular fast-growing end markets. Kedaara combines the strengths of a well-networked, highly experienced local investing and operating team, with the experience of their strategic partner, Clayton, Dubilier & Rice, a global private equity firm.

oneZero appoints Ann Neidenbach to Board of Directors

BOSTON, April 8, 2025 /PRNewswire/ — oneZero, a leading provider of multi-asset enterprise technology solutions for trade execution, pricing, connectivity and risk management for banks, brokers and buy side market participants, today announced the appointment of Ann Neidenbach to its Board of Directors, effective immediately

Ann Neidenbach joins oneZero Board of Directors
Ann Neidenbach joins oneZero Board of Directors

Ann is a seasoned technology executive with over three decades of experience of leading financial institutions. As CIO Shared Services/Head of LSEG Technology, Ann led LSEG’s Cloud-First transformation program which was a groundbreaking shift in financial markets infrastructure. She introduced a cloud centric culture that built a robust, secure, automated CI/CD pipeline solution used by LSE and LCH entities, as well as global exchanges and clearing organizations. Additionally, Ann oversaw hosting and connectivity services that provided co-location, network and wireless to the financial services community.

Prior to her role at LSEG, as SVP of Global Technology Services at Nasdaq, Ann spearheaded the strategic planning and development of global market technology products and services that led to the introduction of Nasdaq’s transformative shift to the cloud. Her vast experience in senior institutional roles in the capital markets space, which also includes time as Managing Director of Electronic Trading Technology at Citi, will provide crucial insight to oneZero’s management team as the company continues to make strides in servicing Institutional market participants.

“It’s refreshing to work with an innovative company that is dedicated to developing products tailored to customer needs while driving business growth and expanding market share. I’m excited to join the board of oneZero to support their mission to drive innovation in the space,” commented Ann Neidenbach.

“We are thrilled to have Ann join our Board. As a financial markets technology executive, Ann brings valuable experience from numerous leading institutional firms that will enhance our domain knowledge and relationships. Ann’s appointment is critical as we continue to drive innovation in financial markets in the institutional space through our technology-first approach,” said Andrew Ralich, CEO and Co-Founder at oneZero.

Ann has served on numerous boards, and was awarded the Waters Technology Woman of the Year in 2020. Ann holds a BS in Information Systems from Whitman School of Management at Syracuse.

About oneZero

oneZero Financial Systems has been a leading innovator in multi-asset class enterprise trading technology since 2009. Its powerful software encompasses the Hub, EcoSystem and Data Source – three components that together provide a complete solution for execution, distribution and analytics. Through reliable connectivity, technology, infrastructure and market access, oneZero empowers financial institutions and brokers to compete effectively in the global financial markets through a globally compliant, liquidity-neutral solution. oneZero is certified to the standards of ISO 27001 information security management systems, and has development and operations centers in Africa, Asia, Australia, Europe and North America.

For more information, please contact:

Talia Geberovich
Head of Marketing and Communications
tgeberovich@onezero.com

 

Alibaba Cloud Strengthens AI Capabilities with Innovations for International Customers

Advanced AI models, tools and infrastructure updates now available to international customers


HANGZHOU, CHINA – Media OutReach Newswire – 8 April 2025 – Alibaba Cloud, the digital technology and intelligence backbone of Alibaba Group, today at its Spring Launch 2025 online event unveiled new AI models, tools and infrastructure upgrades for its international customers, underscoring its ongoing commitment to driving AI innovation worldwide.

“We are launching a series of Platform-as-a-Service (PaaS) and AI capability updates to meet the growing demand for digital transformation from across the globe. These upgrades allow us to deliver even more secure and high-performance services that empower businesses to scale and innovate in an AI-driven world,” said Selina Yuan, President of International Business, Alibaba Cloud Intelligence. “As cloud and AI become essential for global growth, we are committed to enhancing our core product offerings to address our customers’ evolving needs.”

Alibaba Cloud announced new offerings to international customers by expanding access to its foundational models and upgrading infrastructure products. Available through the company’s availability zones in Singapore, these models include the latest from its proprietary large language model (LLM) series, Qwen, such as the large-scale Mixture of Experts (MoE) model Qwen-Max, the reasoning model QwQ-Plus, the visual reasoning model QVQ-Max and the end-to-end multimodal model Qwen2.5-Omni-7b.

QwQ-Plus is an advanced reasoning model specializing in deep analytical thinking, tackling complex challenges like sophisticated QA tasks and expert-level math problems with precise, algorithm-driven solutions. Meanwhile, QVQ-Max is a visual reasoning model that effectively addresses complex multimodal problems with high accuracy and extended reasoning capabilities, supporting visual input and chain-of-thought output.

To further support the AI models on the PaaS front, Alibaba Cloud’s Platform for AI (PAI) has rolled out major enhancements to support scalable, cost-effective, and user-friendly solutions for generative AI and LLMs. PAI-Elastic Algorithm Service (EAS) debuts distributed inference capabilities with a multi-node architecture to satisfy the growing demands of super-large models fueled by the rise of MoE structure and ultra-long-text processing, addressing the limitations of traditional single-node architecture. To further boost performance and reduce costs, PAI-EAS introduces the prefill-decode disaggregation function which has led to a 92% increase in concurrency and a 91% boost in tokens per second (TPS) when deployed with the Qwen2.5-72B model, greatly improving scalability and efficiency.

PAI-Model Gallery has been upgraded to provide a comprehensive selection of nearly 300 cutting-edge open-source models, including the full range of Alibaba Cloud’s proprietary open-source models Qwen and Wan series, all accessible through a seamless, no-code deployment and management experience. It offers diverse deployment methods with underlying computing resources, along with new features like model evaluation for performance insights and model distillation, which reduces deployment costs by transferring knowledge from large to small models.

To enhance data management efficiency in the AI era, Alibaba Cloud has integrated its native AI inference capabilities – powered by Qwen – into its flagship cloud-native relational database PolarDB. With in-database machine learning capabilities, it eliminates data shifting typically required for inference workflow, significantly reducing processing latency while boosting efficiency and data security. Engineered for text-centric workloads, the new feature is ideal for scenarios including conversational RAG (Retrieval-Augmented Generation) agent development, text embedding generation, and semantic similarity search.

It also integrates its data warehouse AnalyticDB into Model Studio, Alibaba Cloud’s generative AI model and application development platform, as the recommended vector database for RAG solutions. This enhancement connects organizations’ proprietary knowledge bases directly to AI models and tools available on Model Studio, streamlining development of context-aware applications.

New SaaS AI Tools to Accelerate Industry Transformation

Alongside its AI models, infrastructure and platform upgrades, Alibaba Cloud unveiled a new suite of Software-as-a-Service (SaaS) AI products aimed at accelerating digital transformation across industries. Powered by AI, these tools will enable international customers to expand their capabilities in data analytics, automation and content creation.

  • AI Doc: An intelligent document processing tool that leverages LLMs to efficiently parse various types of documents, including business reports, forms, product manuals and purchase documents, accurately extract information based on business requirements, and swiftly generate tailored reports. For example, when deployed within Alibaba Cloud’s AI-driven sustainability solution, Energy Expert, businesses can process documents quickly, and generate the reports that follow environmental, social, and governance (ESG) reporting frameworks, guidelines, and standards.
  • Smart Studio: An AI-powered content creation platform enabling seamless text-to-image, image-to-image and text-to-video applications to enhance marketing and creative outputs across various industries, such as e-commerce, gaming, education, and entertainment. For instance, it can harness the power of AI create personalized online shopping experiences for customers, allowing users to effortlessly change outfits, customize virtual hairstyles, makeup, and accessories, and generate images from natural-language descriptions or product designs in a single click.

At the event, Alibaba Cloud also launched a new AI search function on its official website. Powered by Qwen, this AI assistant is designed to help potential enterprise clients, especially SMEs, speed up their solution discovery and gain key insights to facilitate strategic decision-making. It also offers access to cost-effective and scalable cloud solutions, along with free AI and cloud computing training resources.

Upgraded partner incentive policies were also introduced to better support resellers and distributors by providing increased flexibility, higher commission rates, and more rewarding opportunities for mutual growth. This commitment to empowering partners is further reinforced by enhanced training and support resources, designed to strengthen their capabilities and drive success within evolving ecosystem.

In February 2025, Alibaba Group announced an investment of US $53 billion (RMB 380 billion) over the next three years to advance its cloud computing and AI infrastructure, reinforcing its commitment to long-term technological innovation. This historic investment, which exceeds Alibaba’s total AI and cloud spending over the past decade, underscores the company’s ongoing dedication to AI-driven growth and its role as a leading global cloud provider. Alibaba Cloud now operates a global infrastructure network with 87 availability zones across 29 regions.
Hashtag: #AlibabaCloud

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

About Alibaba Cloud

Established in 2009, Alibaba Cloud (www.alibabacloud.com) is the digital technology and intelligence backbone of Alibaba Group. It offers a complete suite of cloud services to customers worldwide, including elastic computing, database, storage, network virtualization services, large-scale computing, security, big data analytics, machine learning and artificial intelligence (AI) services. Alibaba has been named the leading IaaS provider in Asia Pacific by revenue in U.S. dollars since 2018, according to Gartner. It has also maintained its position as one of the world’s leading public cloud IaaS service providers since 2018, according to IDC.

Vientiane Province Welcomes Over 900,000 Tourists in First Quarter of 2025

Vang Vieng Province (Photo: Trip.com)

In the first quarter of 2025, Vientiane Province attracted a total of 902,057 visitors, including 416,232 domestic tourists and 485,825 international arrivals, said Sengkeo Sounthavongsa, The Deputy Director of the Department of Information, Culture and Tourism of Vientiane Province on 4 April.

First Lao-Thai Friendship Bridge Marks 31st Anniversary

The first Lao-Thai Bridge
The first Lao-Thai Bridge

The First Lao-Thai Friendship Bridge marks its 31st anniversary on 8 April. 

Phu Quoc prepares for APEC 2027

Phu Quoc Island has captured global attention as the chosen venue for the 2027 Asia-Pacific Economic Cooperation (APEC) Economic Leaders’ Week.


PHU QUOC, VIETNAM – Media OutReach Newswire – 8 April 2025 – 2027 will be the third time Viet Nam has hosted APEC, following the events in Hà Nội in 2006 and Đà Nẵng in 2017. The Vietnamese government has selected the island city of Phu Quoc to host APEC 2027.

A perspective view of APEC Multifunctional Complex in Phu Quoc.
A perspective view of APEC Multifunctional Complex in Phu Quoc.

Kien Giang Province has launched and expedited investments in transportation infrastructure, including Phu Quoc Airport, An Thoi International Port and the APEC Multifunctional Complex, to welcome this hugely significant occasion. The hosting venue will accommodate high-level leaders from 21 member economies, along with thousands of delegates, international journalists and top global business executives.

Upgrading transportation infrastructure

The city will construct a 4E-class airport, including extensive upgrades to passenger and cargo terminals, VIP lounges, aircraft parking areas and runway enhancements.

Phu Quoc International Airport will expand to 1,073 hectares, extending the existing runway to 3.5km, constructing a second 3.3km-long runway and developing a new T2 international terminal, with a capacity of up to 20 million passengers, along with a VIP terminal, an apron for up to 70 positions, hangars and cargo warehouses.

Beyond air travel, upgrades will also be made to the An Thoi International Port which will be expanded to a 100-hectare scale, capable of accommodating the world’s largest cruise ships, such as the Icon of the Seas, which carries between 7,000 and 10,000 passengers.

For road transportation between Phu Quoc International Airport and the APEC Summit Convention Centre, the city will expand Provincial Road 975 and develop a new urban rail line. The APEC Avenue project will serve as a key horizontal axis connecting provincial highways (existing boulevards) to the APEC Multifunctional Complex, with a road width of 68m and a length of about 3km.

To support the city’s overall development, additional infrastructure projects will include investments in reservoirs, water treatment plants, the renovation of Duong Dong River and the construction of wastewater treatment and waste management facilities.

Fireworks light up Sunset Town in South Phu Quoc Island 365 days a year.
Fireworks light up Sunset Town in South Phu Quoc Island 365 days a year.

Investment in the APEC Multifunctional Complex

The APEC multifunctional complex will accommodate nearly 15,000 people, including a 10,000 square metre conference and exhibition centre, with a seating capacity of 3,000 to 3,500, a multifunctional auditorium, APEC Square and an international press centre capable of accommodating 3,000 to 4,000 journalists.

A high-rise mixed-use area will feature hotels, a duty-free shopping centre, and a multifunctional cultural and arts hub, with 3,000 to 3,500 seats, equipped with state-of-the-art facilities for hosting performances and shows produced by leading global entertainment companies. Within the centre, there will also be a dining area capable of serving 3,000 to 4,000 guests.

With existing landmarks including the Kiss Bridge, the longest non-stop three-rope Hon Thom cable car, and the nightly Kiss of the Sea multimedia show with fireworks displays, the APEC Multifunctional Complex will become a new beacon for visitors and create long-term value for the local tourism industry.

Phu Quoc has been consistently ranked among the best beach destinations in Asia, and the world, by globally renowned media outlets and organisations.

Hashtag: #TDC

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

Hohem Present Game-Changing AI-Powered Creator Tools at NAB 2025

LOS ANGELES, April 8, 2025 /PRNewswire/ — Hohem, a leading global innovator in smartphone and camera gimbals, is delighted to announce its participation in the NAB Show 2025, taking place in Las Vegas from April 6th to 9th, 2025. Hohem makes several groundbreaking product lineups designed to elevate the filmmaking and content creation experience.

Hohem Present Game-Changing AI-Powered Creator Tools at NAB 2025
Hohem Present Game-Changing AI-Powered Creator Tools at NAB 2025

Visitors are invited to visit Hohem at Booth Number SL12516 at South Hall Lower to experience live demonstrations, and interactive workshops with professional photography content creators, and participate in Hohem-exclusive activities for a chance to win unique gifts and a first look at the latest releases. The Hohem team will be on hand to demonstrate how AI-powered gimbals can enhance your filmmaking workflow, providing more excellent stability, creativity, and efficiency.

Elevate Creativity with AI-Powered Hohem Gimbals

With features tailored to meet the evolving needs of filmmakers and content creators, Hohem’s innovative tools empower creators to unleash their creativity like never before.

With Hohem’s advanced AI Technology, filmmakers and content creators can now unlock a whole new realm of creative possibilities.

Key Product Featured at the Hohem Booth:

  • Hohem iSteady M7 Smartphone Gimbal: Flagship smartphone gimbal with subject tracking and a 1.4-inch full-color screen controller that elevates smartphone photography.
  • Hohem iSteady MT2 Camera Gimbal: Harnessing AI technology for ultra-smooth stabilization and intelligent shooting modes.
  • Compact and Portable Gimbals: Explore Hohem’s range of lightweight gimbals suitable for smartphones, action cameras, and tablets.

Learn, Create, and Share

To foster creativity, Hohem will host an exclusive series of workshops at NAB 2025, featuring renowned filmmaking experts and content creators. Industry voices like @emtfilms @its.gundars.magone @annieglaudane & @ottojulian_  will share their insights on how Hohem’s cutting-edge tools enhance visual storytelling. From hands-on demos to pro tips on cinematic techniques, these sessions are designed to inspire and empower creators at every level. Open to all NAB visitors, the workshops offer a unique opportunity to learn from the best and elevate your creative journey.

About Hohem:

Hohem is a leading innovator in gimbal technology, specializing in cameras and smartphones, designed to enhance the filmmaking and content creation experience. With a commitment to quality, innovation, and customer satisfaction, Hohem continues to redefine industry standards and inspire creativity worldwide. Its innovation Gimbals has been chosen by customers in over 50 countries.

For more information, visit our:
Website: https://www.hohem.com
Hohem Store: https://store.hohem.com
YouTube: https://www.youtube.com/@hohemglobal
Instagram: https://www.instagram.com/hohem_global
TikTok : https://www.tiktok.com/@hohem_global