31.1 C
Vientiane
Friday, July 18, 2025
spot_img
Home Blog Page 629

Banking at the Bottom of the World: Diebold Nixdorf ATMs Now Serving Antarctica

With the addition of ATMs in McMurdo Station, Diebold Nixdorf now boasts a presence on all seven continents.

NORTH CANTON, Ohio, April 2, 2025 /PRNewswire/ — Diebold Nixdorf (NYSE: DBD), a world leader in transforming the way people bank and shop, announces the successful installation of two DN Series® ATMs at the U.S. National Science Foundation (NSF) McMurdo Station, Antarctica. Operated by Wells Fargo, the new cash dispensers replace the previously installed units, further enhancing accessibility to cash in one of the world’s most remote locations.

With the latest ATM installation at NSF McMurdo Station in Antarctica, Diebold Nixdorf is now the only provider with ATMs on all seven continents.
With the latest ATM installation at NSF McMurdo Station in Antarctica, Diebold Nixdorf is now the only provider with ATMs on all seven continents.

NSF McMurdo Station is Antarctica’s largest research and logistics hub, supporting a fluctuating population ranging from fewer than 200 residents in the winter to up to 1,100 individuals during the summer months (October through February). The ATMs play a crucial role in the station’s economy, providing residents with access to cash for daily transactions at cafes, the general store and the post office.

Chris Mande, Head of Branch Transaction Management at Wells Fargo, said: “Wells Fargo is proud to continue supporting the community at NSF McMurdo Station by providing reliable access to cash. The new Diebold Nixdorf ATMs will help ensure that all personnel there have the cash they need to participate in the local economy effectively. This is essential since the next closest ATMs are thousands of miles away.”

DN Series was designed for always-on availability and provides consumers with a more secure banking experience. While one ATM at the station is actively in use, the second serves as a backup for spare parts, facilitating uninterrupted service in this isolated area. With no conventional banking infrastructure in Antarctica, these machines are the only ATMs on the entire continent.

The ATMs are connected to DN AllConnectSM Data Engine, which leverages Internet of Things (IoT) connectivity, machine learning and artificial intelligence (AI) to ensure availability. A dedicated team monitors technical data that is continuously aggregated and analyzed to identify an impending failure, enabling remote diagnostics. The ATM can be repaired by the trained staff at NSF McMurdo Station, or the Diebold Nixdorf service team can remotely guide them through the repair process.

Joe Myers, EVP of Global Banking at Diebold Nixdorf, said: “Our service team’s commitment to not only transporting and installing the DN Series ATMs but also thoroughly training the staff at NSF McMurdo Station underscores our commitment to delivering essential banking services where they are needed most. By focusing on service excellence and maintaining a strong global supply chain, we can deliver seamless banking solutions to even the most isolated locations.”

About Wells Fargo
Wells Fargo & Company (NYSE: WFC) is a leading financial services company that has approximately $1.9 trillion in assets. We provide a diversified set of banking, investment and mortgage products and services, as well as consumer and commercial finance, through our four reportable operating segments: Consumer Banking and Lending, Commercial Banking, Corporate and Investment Banking, and Wealth & Investment Management. Wells Fargo ranked No. 34 on Fortune’s 2024 rankings of America’s largest corporations. News, insights, and perspectives from Wells Fargo are also available at Wells Fargo Stories.

Additional information may be found at www.wellsfargo.com
LinkedIn: https://www.linkedin.com/company/wellsfargo 

About Diebold Nixdorf
Diebold Nixdorf, Incorporated (NYSE: DBD) automates, digitizes and transforms the way people bank and shop. As a partner to the majority of the world’s top 100 financial institutions and top 25 global retailers, our integrated solutions connect digital and physical channels conveniently, securely and efficiently for millions of consumers each day. The company has a presence in more than 100 countries with approximately 21,000 employees worldwide. Visit www.DieboldNixdorf.com for more information.

X: @DieboldNixdorf
LinkedIn: www.linkedin.com/company/diebold
Facebook: www.facebook.com/DieboldNixdorf
YouTube: www.youtube.com/dieboldnixdorf 

DN-B

Dustin Moore, senior installer at Diebold Nixdorf, stands in front of the two new DN Series ATMs he installed at NSF McMurdo Station in Antarctica. The ATMs are operated by Wells Fargo.
Dustin Moore, senior installer at Diebold Nixdorf, stands in front of the two new DN Series ATMs he installed at NSF McMurdo Station in Antarctica. The ATMs are operated by Wells Fargo.

 

 

FWD Hong Kong forms partnerships to launch “Talk2Me Peer Supporter Training Certificate Programme” and “JA SparktheDream Wellness Workshop” to promote youth mental health

HONG KONG, April 2, 2025 /PRNewswire/ — Youth mental health is one of the most widely discussed social issues in Hong Kong. This underscores the need for mental health support for youth. In response, FWD Hong Kong (“FWD”) has collaborated with two non-profit organisations, KELY Support Group and Junior Achievement Hong Kong, to provide mental health education and support, including “Talk2Me Peer Supporter Training Certificate Programme” and “JA SparktheDream Wellness Workshop”, which aim to raise awareness on mental health and foster “peer support” culture among primary and secondary students in Hong Kong.

FWD Hong Kong forms partnerships with non-profit organisations to raise awareness on mental health and foster “peer support” culture among the youth.
FWD Hong Kong forms partnerships with non-profit organisations to raise awareness on mental health and foster “peer support” culture among the youth.

The youth feel helpless in the face of mental health crisis

Between September 2024 and January 2025, KELY Support Group surveyed 1,273 Hong Kong secondary school students aged 13 to 18. The findings revealed significant challenges in mental health and emotional management among youth. Key issues include:

  • Overwhelmed by stress and emotions: 23% of students reported that they are constantly overwhelmed by stress and emotions, skewing higher for female students by 5% than male students.
  • Lack of confidence: 22% of students responded, “I can’t do anything right” and “There are more things I don’t like about myself than I like”. Furthermore, 63% of students expressed lacking hope about their future.
  • Difficulty in seeking help: a significant 32% of students indicated that they cannot find suitable ways to seek help when upset or overwhelmed.
  • Insufficient peer support: around 25% of students reported that they do not have friends or peers that can be trusted.

These statistics show that youth frequently feel isolated and helpless when confronting mental health challenges, highlighting the urgent need to strengthen mental health support services for the youth.

Paul Tse, Chief Marketing and Digital Officer of FWD Hong Kong and Macau, said, “FWD has always been committed to serving the community through meaningful projects and encouraging the public to care for their mental health. We hope that today’s youth, as the future of Hong Kong, can celebrate living and grow up happily. As we fund the launch of mental health-related programmes in collaboration with KELY Support Group and Junior Achievement Hong Kong, we hope to equip primary and secondary school students with skills to manage stress, cultivate positive thinking, and offer peer support. This aligns with FWD’s commitment to promoting early detection of mental health challenges while providing professional and appropriate treatment and rehabilitation by incorporating mental health protection into our products and services.”

FWD collaborates with community partners to promote mental health education, engaging nearly 1,000 students and 100 volunteers

FWD joined hands with KELY Support Group to launch the “Talk2Me Peer Supporter Training Certificate Programme“. Through a 10-hour training, the programme educates secondary school students on self-awareness and self-care, equipping them with skills to manage stress and provide peer support. Throughout the past year, the programme successfully trained approximately 80 secondary school students. FWD volunteers participated as mentors and collaborated with students to design community projects to support peers in need. Last year, FWD served as the platinum sponsor of Weez Walk 2024 and engaged its employees to participate and raise funds for youth mental health programmes. This provided a foundation to foster a closer collaboration with KELY Support Group. 

In addition, since 2022, FWD has partnered with Junior Achievement Hong Kong to launch the “JA SparktheDream programme” to nurture financial literacy among primary school students. To date, the programme has benefited over 6,600 primary school students. This year, the partnership has expanded with the introduction of “JA SparktheDream Wellness Workshop“. The workshop integrates social and emotional learning to help primary school students build resilience in both financial well-being and mental health, empowering them to pursue their dreams. The initiative aims to benefit around 900 primary four to six students by 2025. FWD volunteers will lead group activities and discussions, teaching students about financial management skills and tackling life challenges with positive thinking and empathy.

Being the pioneer in integrating mental health coverage into medical insurance, FWD launched in 2022 the market-first1 mental health insurance “Mind Strength Protection Plan2. Additionally, the company has incorporated various mental health coverage and support services3 into selected medical and critical illness insurance plans, encouraging the public to proactively safeguard their mental and physical well-being.

1 Based on a comparison conducted on September 30, 2022, between FWD and the medical insurance offerings of major insurance companies in Hong Kong, FWD became the first insurer in Hong Kong to introduce benefits including outpatient consultations with psychiatrists/clinical psychologists, daily hospital cash benefits, post-hospitalisation outpatient consultations with psychiatrists/clinical psychologists, recuperation benefits, and monthly cash benefits (optional benefit).

2 The product information listed does not encompass the full terms of the policy and is subject to the terms and conditions of the relevant plan. For details on product features, coverage items, complete terms, and key product risks, please refer to the FWD website, related product brochures, and policy terms: https://www.fwd.com.hk/zh/medical-cover/mind-strength-protection-plan/.

3 The aforementioned product information does not include the complete policy terms and is subject to the terms and conditions of the relevant plan. For comprehensive details on the product features, coverage benefits, full terms, and key product risks, please consult the FWD website, related product brochures, and policy terms.

High-resolution images can be downloaded here:

Link:https://gallery.sinclaircomms.com/gallery/FWD/
Password:talkofthetown

About FWD Hong Kong

FWD Hong Kong is part of the FWD Group, a pan-Asian life and health insurance business that serves approximately 30 million customers across 10 markets*. FWD Hong Kong is firmly positioned as a top five pan-Asian insurer by business scale in Hong Kong^.

FWD Hong Kong has been assigned strong financial ratings by international agencies. It offers life and medical insurance, employee benefits, and financial planning.

FWD’s customer-led and digitally enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance.

For more information about FWD Hong Kong, please visit www.fwd.com.hk.

* Includes BRI Life in Indonesia

^ According to Provisional Statistics on Hong Kong Long Term Insurance Business – January to September 2024, Insurance Authority of Hong Kong, as well as FWD’s own assessment based on market information, FWD ranks among the top five in both new business FYP ranking and new business case count. Calculated based on individual and group businesses. Pan-Asian insurers refer to multinational insurers currently having a well-established operation in the Asian market with multiple distribution channels.

About KELY Support Group

KELY Support Group (KELY) is a Hong Kong-based nonprofit organisation whose mission since 1991 is to equip young people with the skills, knowledge, and opportunities needed to support themselves and each other. KELY envision a world where young people are empowered to reach their full potential and collaborate with schools and various partners to offer programmes to Chinese- and English-speaking youth between the ages of 14 and 24 around its three core focus areas: Mental Health and Wellbeing, Drug and Alcohol Awareness, and Positive Youth Development. Please visit kely.org for more information.

About Junior Achievement Hong Kong 

Junior Achievement (JA) is a global nonprofit organisation whose mission is to enable young people to learn about the job market from the first-hand experience of business volunteers. JA delivers hands-on, experiential learning in entrepreneurship, career readiness and financial health preparing young people to succeed in a global economy.  Since its establishment in Hong Kong in 2001, over 32,000 business volunteers were engaged to serve more than 480,000 students from over 600 schools. Please visit jahk.org for more information.

Smart Riding IoT – ASMAX showcase Rider’s Symphony at Tokyo Motorcycle Show

TOKYO, April 2, 2025 /PRNewswire/ — At the 2025 Japan International Motorcycle Show in Tokyo, ASMAX once again made waves in the riding world with its smart riding IoT ecosystem. The Io T-enabled MESH Intercom Headset Series became the breakout star, hailed by media as the “Sixth Sense for Riders.” 

Global Exclusive Tech: MESH+5G Shatters Communication Barriers 

“Traditional intercoms like pigeons chained by iron—this is a true eagle,” exclaimed a motorcycle influencer at ASMAX’s booth, impressed at the headset. 

Distance limitations and terrain barriers of traditional Bluetooth headsets have long been an invisible constraint for motorcycle riding teams. ASMAX’s MESH breaks through this challenge with its MESH multi-hop self-organizing network technology: signals leap between devices like a relay, conquering tunnels, mountains, and urban skyscrapers to ensure safer team rides. Coupled with SMC Smart Adaptive Technology, the seamless MESH+5G switching system ensures unbroken tacit teamwork between riders—no dropped connections, ever. 

F1Pro Max: The Pinnacle of Innovation 

ASMAX’s voice control system redefines convenience. A simple “Hi Max” command to access all headset features including music, navigation, calls, and more—all while delivering crystal-clear intercom clarity even at 180 km/h. Moreover, it’s reliable water proof performance and diverse functionality elevate the helmet Bluetooth headset from a basic device to a truly smart solution, marking a significant leap into the ear of intelligent riding technology

It’s worth noting that ASMAX is set to launch the highly anticipated F1 Pro Max, it’s an audio revolution. This product is definitely one to watch for all motorcycle enthusiasts. 

Smart Riding IoT: Redefining the Future 

At the Tokyo exhibition, alongside the highly acclaimed ASMAX smart IoT Mesh Intercom headset, a range of innovative IoT products was unveiled, including smart IoT spotlight, smart tire pressure monitors, and voice-operated INSTA360 action cameras. Imagine commanding your entire ride setup with a single phrase—turning your motorcycle into a scene from a futuristic blockbuster. 

What’s more? The ASMAX MESH Intercom Headset offers jaw-dropping value: premium performance at half the price of competitors. 

Stay Connected
Follow @asmaxworld_official on Instagram for updates on the F1Pro Max launch and more. 

ASMAX – Where Cutting-Edge Tech Meets the Spirit of the Ride. 

 

MEXC Dominates 2024 Perpetuals Surge, Secures Top 5 Global Ranking

VICTORIA, Seychelles, April 2, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, experienced a substantial rise in perpetual futures trading volume throughout 2024. According to CoinGecko’s latest annual report, MEXC captured the highest market share in perpetual trading and open interest (OI) volume among all centralized exchanges.

MEXC Dominates 2024 Perpetuals Surge, Secures Top 5 Global Ranking
MEXC Dominates 2024 Perpetuals Surge, Secures Top 5 Global Ranking

Key Takeaways:

  • MEXC’s share of perpetual trading volume increased from 3% to 11% in 2024.
  • The exchange’s OI market share doubled in Q4 2024, leading all competitors.
  • MEXC entered the top five exchanges, with the total annual perpetual trading volume reaching $58.5 trillion.

MEXC’s share of the perpetual futures market grew from just 3% at the start of 2024 to 11% by year-end — a notable achievement driven by the platform’s deep liquidity, competitive fee structure, and innovative trading features. This performance placed MEXC among the top five centralized perpetual exchanges, collectively recording $58.5 trillion in trading volume for the year. This makes 2024 the most active year in the history of futures trading on the crypto market.

Throughout the year, MEXC showed steady growth across key metrics. Its perpetual trading volume share nearly quadrupled, while its OI market share doubled by Q4. The exchange’s strong focus on listing the most trending and in-demand tokens, combined with low fees in both futures and spot trading, has made it a go-to option for many traders worldwide.

The exchange received additional recognition from institutional reports such as TokenInsight, which stated the exchange captured the largest market share among centralized exchanges in February 2024, earning it a spot among the top 5 exchanges in overall market share. By identifying trends faster than its competitors, MEXC continues to strengthen its position among top-tier exchanges.

MEXC’s substantial growth in perpetual trading and open interest volume market share demonstrates the exchange’s emerging role as a major force in the cryptocurrency derivatives market. According to CoinDesk data, the exchange also captured the largest market share among centralized exchanges in February 2024, securing a place in the global top five for overall trading volume.

These achievements, supported by the platform’s comprehensive token offerings and methodical approach to capturing market trends, position MEXC as a key player in driving the evolution of cryptocurrency trading. MEXC remains dedicated to enhancing its platform, expanding its offerings, and upholding the highest standards of security and user experience.

About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 34 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

MEXC Official Website X Telegram |How to Sign Up on MEXC

m-FINANCE Launches AI-Driven Commentary for mF4 Trading Platform

HONG KONG, April 2, 2025 /PRNewswire/ — m-FINANCE Limited (“m-FINANCE”), a wholly owned subsidiary of mF International Limited (the “Company” or “mF International”) (Nasdaq: MFI) and a provider of forex and bullion trading solutions in Asia, today announced the launch of “AI-Commentary”, an advanced analytical suite integrated into its mF4 Trading Platform. The solution combines m-FINANCE’s institutional expertise with DeepSeek AI’s (“DeepSeek”) large language models (“LLMs”), by which m-FINANCE expects to enable brokers to deliver actionable insights while improving operational efficiency.

The system aggregates real-time market data, including forex rates, bullion prices, and macroeconomic indicators, analyzing patterns across multiple timeframes and asset classes. By leveraging DeepSeek’s models, fine-tuned with financial datasets, AI-Commentary is designed to translate complex data into clear, easily readable insights that meet industry standards. m-FINANCE believes for brokers, the result is an innovative, scalable solution that provides new ways to engage with clients.

The Company expects that  AI-Commentary will support brokers by bolstering operational efficiency and client retention, and by automating analytical tasks, it may reduce manual workloads, allowing teams to focus on strategic client interactions. For end-clients, it is anticipated that AI-Commentary will identify emerging opportunities and risks, delivering timely insights directly within the mF4 Platform interface with embedded TradingView charts and smart indicators. AI-Commentary comes in “Basic” and “Advanced” tiers across multiple languages while maintaining robust security and giving brokers full editorial control over regulatory compliance.

Building on this foundation, m-FINANCE is developing an AI Agent project to analyze traders’ risk appetites and trading styles, recommend optimal signals, and eventually automate trade execution. This and other advancements reflect m-FINANCE’s dedication to driving innovation for its global trading clients.

Mr. Chi Weng (Dick) Tam, the Executive Director and Chief Executive Officer of m-FINANCE, commented, “We are confident that our AI-Commentary feature will transform how brokers provide value to clients. By automating complex analysis while maintaining institutional-grade quality, we expect to help our partners boost client engagement and operational efficiency, allowing them to prioritize what matters most in their own client interactions. This launch represents our first significant step in integrating AI technology into our ecosystem, laying the foundation for upcoming projects, including our AI Agent, which we anticipate will further enhance the trading experience. We believe these developments will reinforce our two-decade commitment to innovation in forex and bullion trading solutions.”

About mF International Limited

mF International Limited is a British Virgin Islands holding company with three operating subsidiaries in Hong Kong. The Company’s principal Hong Kong subsidiary, m-FINANCE, is a Hong Kong-based experienced financial trading solution provider principally engaged in the development and provision of financial trading solutions via internet or platform as software as a service, or SaaS. m-FINANCE has approximately 20 years of experience providing real-time mission critical forex, bullion/commodities trading platform solutions, financial value-added services, mobile applications and financial information for brokers and institutional clients in the region. With clients located over mainland China, Hong Kong and Southeast Asia, m-FINANCE provides customers with the mF4 Trading Platform, Trader Pro, Bridge and Plugins, CRM System, ECN System, Liquidity Solutions, Cross-platform “Broker+” Solution, Social Trading Apps and other value-added services. For more information, please visit the Company’s website: https://ir.m-finance.com/.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “views,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may” or other similar words. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission.

For investor and media inquiries, please contact:

mF International Limited
Investor Relations Department
Email: ir@m-finance.net 

ICR, LLC
Robin Yang
Email: mFInternational.IR@icrinc.com 
Phone: (646) 308-1475

Cisco’s 2025 Data Privacy Benchmark Study: Privacy landscape grows increasingly complex in the age of AI

News Summary

  • The Cisco 2025 Data Privacy Benchmark Study reveals increasing trust in global providers to protect and secure data
  • 86% of respondents support privacy legislation, recognizing its positive impact on business operations
  • While 96% confirm that privacy investments provide returns exceeding costs, organizations anticipate resources and spending will likely shift to AI in the coming year
  • AI familiarity is rising, with 63% being very familiar with Generative AI, but concern for unintended risks continue

SAN JOSE, Calif., April 2, 2025 /PRNewswire/ — Cisco (NASDAQ: CSCO) today unveiled its 2025 Data Privacy Benchmark Study, offering a comprehensive analysis of privacy trends and their profound implications for businesses worldwide. As data privacy remains critical to establishing business value and trust, the study uncovers a complex landscape where the demand for local data storage intersects with reliance on global providers’ expertise. Conducted across 12 countries with insights from 2,600 privacy and security professionals, the eighth edition Data Privacy Benchmark Study demonstrates the growing importance of establishing solid data privacy foundations to unleash the full potential of AI.

Cisco 2025 Data Privacy Benchmark Study
Cisco 2025 Data Privacy Benchmark Study

“Privacy and proper data governance are foundational to Responsible AI,” said Dev Stahlkopf, Cisco Chief Legal Officer. “For organizations working toward AI readiness, privacy investments establish essential groundwork, helping to accelerate effective AI governance.”

Concerns around safety and security drive data residency decisions

Despite increased operational costs of data localization, 90% of organizations see local storage as inherently safer, while 91% (up five percentage points year-over-year) trust global providers for better data protection. These dual data points reveal today’s complex privacy landscape: global providers are valued for their capabilities, but local storage is perceived as safer.

“The drive for data localization reflects rising interest in data sovereignty,” said Harvey Jang, Cisco’s Chief Privacy Officer. “Yet, a thriving, global digital economy relies on trusted cross-border data flows. Interoperable frameworks such as the Global Cross-Border Privacy Rules Forum will play a vital role in enabling growth while effectively addressing crucial privacy and security concerns.”

Building Trust Through Compliance: The Business Advantage of Privacy Laws

Privacy legislation remains a cornerstone of customer trust, with 86% of respondents noting a positive impact on their organizations, up from 80% last year. Despite the costs associated with compliance, a resounding 96% of organizations report that the returns significantly outweigh the investments.

This sentiment is echoed by the increasing consumer awareness and confidence in privacy laws mentioned in the 2024 Cisco Consumer Privacy Survey, where most global consumers (53%) said they are aware of their country’s privacy laws. Among those aware, 81% feel confident in their ability to protect their data, compared to just 44% of those unaware of such laws.

Privacy: The Cornerstone of Responsible AI in the GenAI Era

As familiarity with AI increases—63% of respondents are now very familiar with Generative AI (GenAI)—concerns remain steady year-over-year. Despite many organizations reporting significant business gains from GenAI, data privacy is still a major risk. Notably, 64% of respondents worry about inadvertently sharing sensitive information publicly or with competitors, yet nearly half admit to inputting personal employee or non-public data into GenAI tools. This gap highlights the need for tools like Cisco’s AI Defense which safeguard against the misuse of AI tools and data leakage.

In turn, there is an increased focus on investing in AI governance processes among respondents, where an overwhelming 99% of respondents anticipate reallocating resources from privacy budgets to AI initiatives in the future. The 2024 Cisco AI Readiness Index emphasizes this trend, revealing that IT budget allocations are anticipated to nearly double in the coming year as companies work to safely deploy AI technology. Cisco will continue to monitor this shift in future research, recognizing that both privacy and AI governance play a combined role in establishing safe and reliable AI systems.

AI and Privacy: Catalysts for Business Growth and Customer Loyalty

Cisco’s annual study highlights the need for organizations to balance local data storage, global expertise, and privacy in an AI-driven world. It emphasizes the need to view data governance as an essential strategic investment for aligning AI strategies with privacy, ensuring sustainable growth and consumer trust.

Additional Resources:

About Cisco
Cisco (NASDAQ: CSCO) is the worldwide technology leader that is revolutionizing the way organizations connect and protect in the AI era. For more than 40 years, Cisco has securely connected the world. With its industry leading AI-powered solutions and services, Cisco enables its customers, partners and communities to unlock innovation, enhance productivity and strengthen digital resilience. With purpose at its core, Cisco remains committed to creating a more connected and inclusive future for all. Discover more on The Newsroom and follow us on X at @Cisco.

Cisco and the Cisco logo are trademarks or registered trademarks of Cisco and/or its affiliates in the U.S. and other countries. A listing of Cisco’s trademarks can be found at http://www.cisco.com/go/trademarks. Third-party trademarks mentioned are the property of their respective owners. The use of the word ‘partner’ does not imply a partnership relationship between Cisco and any other company.

 

So-Young International Inc. Announces Share Purchase by Controlling Shareholder

BEIJING, April 2, 2025 /PRNewswire/ — So-Young International Inc. (Nasdaq: SY) (“So-Young” or the “Company”), the leading aesthetic treatment platform in China connecting consumers with online services and offline treatments, today announced that the Company had been informed by Mr. Xing Jin, the Company’s chairman of the board of directors, chief executive officer, and controlling shareholder, that on March 31, 2025, Beauty & Health Holdings Limited, a company incorporated in the British Virgin Islands and controlled by Mr. Xing Jin, purchased a total of 4,544,820 American depositary shares (“ADSs”) representing 3,496,015.38 Class A ordinary shares of the Company in the open market in accordance with Rule 10b-18 of the Securities Exchange Act of 1934, as amended, using personal funds (the “Share Purchase”). This increases Mr. Xing Jin’s total beneficial ownership to 24.9 % of the Company’s outstanding shares[1]. The ADSs were purchased at a price of US$ 0.9 per ADS, for a total aggregate purchase price of US$ 4,090,338.

The directors of our Company do not expect that the Share Purchase will have any material adverse impact on the financial position and business operation of the Company. For more details, please refer to the Company’s SEC filings, including an amended 13D/A of Mr. Xing Jin, available at https://www.sec.gov/Archives/edgar/data/1758530/000110465925030571/xslSCHEDULE_13D_X01/primary_doc.xml

Mr. Xing Jin, chairman of the board of directors and chief executive officer of So-Young, commented, “this Share Purchase demonstrates my continued confidence in the Company and its long-term growth prospects.”

[1] The percentage of the class of securities is calculated by dividing the number of shares beneficially owned by Mr. Xing Jin by all of the Company’s issued and outstanding Class A ordinary shares and Class B ordinary shares as a single class as of February 28, 2025.

About So-Young International Inc.

So-Young International Inc. (Nasdaq: SY) (“So-Young” or the “Company”) is the leading aesthetic treatment platform in China connecting consumers with online services and offline treatments. The Company provides access to aesthetic treatments through its online platform and branded aesthetic centers, offering curated treatment information, facilitating online reservations, delivering high-quality treatments, and developing, producing and distributing optoelectronic medical equipment and injectable products. With its strong brand recognition, digital reach, affordable treatments and efficient supply chain, So-Young is well-positioned to serve its audience over the long term and grow along the medical aesthetic value chain.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Statements that are not historical facts, including but not limited to statements about So-Young’s beliefs and expectations, are forward-looking statements. Forward looking statements involve inherent risks and uncertainties. Further information regarding these and other risks is included in the Company’s filings with the Securities and Exchange Commission. All information provided in this press release is as of the date of the press release, and So-Young undertakes no duty to update such information, except as required under applicable law.

For more information, please contact:

So-Young

Investor Relations
Ms. Mona Qiao
Phone: +86-10-8790-2012
E-mail: ir@soyoung.com 

Christensen

In China
Ms. Dee Wang
Phone: +86-10-5900-1548
E-mail: dee.wang@christensencomms.com 

In US
Ms. Linda Bergkamp
Phone: +1-480-614-3004
Email: linda.bergkamp@christensencomms.com

Autohome Inc. Issues 2024 ESG Report

BEIJING, April 2, 2025 /PRNewswire/ — Autohome Inc. (NYSE: ATHM; HKEX: 2518) (“Autohome” or the “Company”), the leading online destination for automobile consumers in China, today issued its 2024 Environmental, Social and Governance (“ESG”) report.

The report outlines Autohome’s comprehensive long-term ESG strategy, progress it has made in key areas including corporate governance, product responsibility, responsible management practices, talent development, sustainable operations, and impactful social welfare initiatives.

Mr. Quan Long, Chairman of Autohome, commented, “As we continue to drive innovation and growth, we remain firmly committed to fostering a sustainable automotive ecosystem. Through our relentless pursuit of excellence and dedication to environmental stewardship, we are proud to contribute to a greener, more resilient future for the industry and our communities.”

To view the report in full, please visit the website of investor relations of the Company or access the report at: https://autohomeinc.gcs-web.com//static-files/7d502176-018f-4460-9215-2c698bef16fb

About Autohome Inc.

Autohome Inc. (NYSE: ATHM; HKEX: 2518) is the leading online destination for automobile consumers in China. Its mission is to engage, educate and inform consumers about everything auto. Autohome provides occupationally generated content, professionally generated content, user-generated content, and AI-generated content, a comprehensive automobile library, and extensive automobile listing information to automobile consumers, covering the entire car purchase and ownership cycle. The ability to reach a large and engaged user base of automobile consumers has made Autohome a preferred platform for automakers and dealers to conduct their advertising campaigns. Further, the Company’s dealer subscription and advertising services allow dealers to market their inventory and services through Autohome’s platform, extending the reach of their physical showrooms to potentially millions of internet users in China and generating sales leads for them. The Company offers sales leads, data analysis, and marketing services to assist automakers and dealers with improving their efficiency and facilitating transactions. Autohome operates its “Autohome Mall,” a full-service online transaction platform, to facilitate transactions for automakers and dealers. Further, through its websites and mobile applications, it also provides other value-added services, including auto financing, auto insurance, used car transactions, and aftermarket services. For further information, please visit www.autohome.com.cn.

Safe Harbor Statement 

This press release contains statements that may constitute “forward-looking” statements pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will”, “expects”, “anticipates”, “future”, “intends”, “plans”, “believes”, “estimates” and similar statements. Statements that are not historical facts, including statements about Autohome’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement. Further information regarding these and other risks is included in Autohome’s filings with the SEC and announcements on the website of the Hong Kong Stock Exchange. All information provided in this press release is as of the date of this press release, and Autohome does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

In China:

Autohome Inc.
Investor Relations
Sterling Song
Investor Relations Director  
Tel: +86-10-5985-7483
E-mail: ir@autohome.com.cn

Christensen China Limited 
Suri Cheng
Tel: +86-185-0060-8364
E-mail:  suri.cheng@christensencomms.com