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Enigmatig Celebrates NYSE American Listing with Bell Ringing Ceremony, Signaling Next Phase of Global Growth

NEW YORK, Aug. 18, 2025 /PRNewswire/ — Enigmatig Limited (NYSE American: EGG) (“Enigmatig” or the “Company”), a global business enabler empowering small and medium-sized enterprises (SMEs) to scale across borders, today rang the Closing Bell at the New York Stock Exchange (“NYSE”) to mark its recent listing and reaffirm its mission to power the global ambitions of bold, forward-thinking businesses.

Desmond Foo, Founder & CEO, and team, joined by Tara Dziedzic, NYSE Head of US Listings, rings The Closing Bell (Photo Credit: NYSE)
Desmond Foo, Founder & CEO, and team, joined by Tara Dziedzic, NYSE Head of US Listings, rings The Closing Bell (Photo Credit: NYSE)

Enigmatig began trading on June 18, 2025, following the completion of its initial public offering of 3,005,200 Class A ordinary shares at US$5.00 per share including the partial exercise of the underwriters’ overallotment option. The offering raised gross proceeds of approximately US$15 million. Prime Number Capital LLC acted as the sole book-running manager for the offering.

As one of the few Asia-Pacific headquartered firms in its sector to list on the NYSE American, this accomplishment underscores Enigmatig’s role as a trusted partner for SMEs navigating high-stakes cross-border expansion, regulatory complexities, and new market entries.

Enigmatig’s Senior Leadership Team celebrates a milestone at the New York Stock Exchange: Desmond Foo, Founder & CEO (center), Mingwen Teo, Director & CFO (right), and Ryan Tay, COO (left) (Photo Credit: Enigmatig)
Enigmatig’s Senior Leadership Team celebrates a milestone at the New York Stock Exchange: Desmond Foo, Founder & CEO (center), Mingwen Teo, Director & CFO (right), and Ryan Tay, COO (left) (Photo Credit: Enigmatig)

Desmond Foo, Founder and CEO of Enigmatig, said, “Today’s bell ringing is a proud milestone in our 15-year journey of enabling SMEs to achieve their international ambitions. Our listing strengthens our foundation for bold, global expansion, enabling us to deepen our service capabilities, advance our RegTech innovations, and extend our reach across the world’s key financial hubs. Enigmatig was built to guide clients throughout their expansion journey – from incorporation to licensing, compliance, and strategic growth – delivering clarity, precision, and partnership every step of the way.”

Mingwen Teo, the Company’s Director and CFO, added, “Our successful IPO and strong first-half performance validate the strength of our business model and the growing demand for comprehensive, technology-enabled licensing and compliance solutions. This ceremony is not just a celebration of our listing, but also a reaffirmation of our long-term vision to empower compliance globally while creating sustainable value for our clients and shareholders.”

With its IPO proceeds, Enigmatig is driving its next wave of growth by:

  • Expanding its leadership and specialist teams across key markets and verticals
  • Accelerating RegTech and automation innovation to streamline compliance
  • Enhancing strategic advisory with sharper, data-driven insights
  • Pursuing targeted M&A to strengthen its global service offerings
  • Growing its presence in high-potential markets to serve clients closer to where they operate and aspire to operate

Founded in 2010, Enigmatig has built a strong track record across global financial hubs and offshore jurisdictions, including Singapore, Hong Kong, Shanghai, London, Cyprus, and Belize, delivering tailored solutions across the full business lifecycle, from company incorporation to ongoing compliance and strategic advisory. Its proprietary CRM platform, integrating KYC, AML, and transaction monitoring tools, positions RegTech at the core of the Company’s growth strategy, allowing smarter, faster compliance for both new and existing clients.

For photos, a video replay and other content from the event, please visit: https://bit.ly/4mLtkbe

About Enigmatig Limited

Enigmatig is an international business enabler dedicated to helping small and medium-sized enterprises (SMEs) achieve their international ambitions. Since 2010, we have connected businesses with the expertise, infrastructure, and regulatory support needed to succeed in cross-border markets.

With deep capabilities in FX brokerage consultancy, licensing, RegTech, FinTech, and corporate services, Enigmatig delivers tailored solutions across the full business lifecycle – from company incorporation to ongoing compliance. Our experienced team specializes in navigating complex regulatory environments across global financial hubs and key offshore centers, including London, Cyprus, and Belize.

Headquartered in Singapore with a strategic presence in Hong Kong, Shanghai, London, and a representative desk in Bangkok, Enigmatig supports a diverse and growing international client base.

For more information, please visit: https://enigmatig.com

Safe Harbor Statement

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 identify these forward-looking statements by words or phrases such as “may,” “could,” “will,” “should,” “would,” “expect,” “plan,” “aim,” “intend,” “anticipate,” “believe,” “estimate,” “predict,” “is/are likely to,” “potential,” “project” or “continue” or the negative of these terms or other comparable or similar terminology. 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 SEC, which are available for review at www.sec.gov.

Media & Investor Contacts: investors@enigmatig.com 

Ricoh Asia Pacific and Microsoft Collaborate to Empower a Future-Ready Workforce Through AI

Employee learning programme launched as part of region-wide AI strategy and focus on workplace transformation

TOKYO, Aug. 18, 2025 /PRNewswire/ — Ricoh Asia Pacific today announced the launch of AI Learning Week, a region-wide internal initiative designed to equip employees with practical AI capabilities, accelerate Microsoft Copilot adoption, the use of custom AI agents, and strengthen Ricoh’s leadership in shaping the future of work through responsible, applied artificial intelligence.

Ricoh Asia Pacific launches AI Learning Week 2025—an internal initiative, co-sponsored by Microsoft and Talogy, to accelerate AI adoption and shape the future of work.
Ricoh Asia Pacific launches AI Learning Week 2025—an internal initiative, co-sponsored by Microsoft and Talogy, to accelerate AI adoption and shape the future of work.

Running from 18–22 August 2025 and co-sponsored by Microsoft and Talogy, a leading talent management solution provider, AI Learning Week will bring together over a thousand employees across Ricoh’s Asia Pacific operations for hands-on sessions, leadership panels, and solution showcases. The initiative reflects Ricoh’s belief that empowering employees with AI fluency is key to delivering lasting value for customers and deepening strategic technology partnerships.

“AI Learning Week isn’t just about upskilling—it’s about readiness,” said Kei Uesugi, Regional Director of Ricoh Asia Pacific. “By investing in our people and working alongside Microsoft, we are building the internal strength required to lead AI transformation across the region.”

A Strategic Framework for Regional Scale

Ricoh Asia Pacific’s AI strategy is built around a three-tiered innovation framework that supports varying levels of customer AI maturity and business need. This includes:

  • Pre-Configured Solutions such as AI-enabled multifunction devices, intelligent document processing, and workflow automation
  • Enablement and Advisory Services to help organisations adopt AI responsibly and effectively
  • Advanced Applications using AI agents, large language models, and vertical-specific solutions tailored to customer challenges

This structure enables Ricoh to scale innovation efficiently across markets while encouraging local adaptation and capability-building.

Local Innovation, Regional Impact

Across the region, Ricoh operating companies are already delivering on this strategy through market-led innovation and practical application.

In Hong Kong, Ricoh has launched the Ricoh InnoAI Programme. Developed in partnership with Cyberport and the Ricoh Software Research Center Beijing, Ricoh InnoAI offers AI startups and enterprise partners access to a purpose-built R&D centre, commercialisation pathways, and advanced infrastructure to accelerate innovation.

“Through InnoAI, we are building a business-ready AI ecosystem, anchored in Hong Kong, ready to scale and support customers across the region”, said Ricky Chong, Managing Director of Ricoh Hong Kong. “We are excited to be working at the intersection of technology, talent, and trust; to attract new talent, and help our customers grow.”

In New Zealand, Ricoh has solidified its position as a leader in enterprise AI adoption and Microsoft Copilot deployment. As a certified Microsoft Solutions Partner across Data & AI, Infrastructure, Modern Work (SMB), and Security (SMB), Ricoh New Zealand has met Microsoft’s highest standards for capability, performance, and customer success. This recognition enhances Ricoh’s credibility in the Microsoft ecosystem and reinforces its role as a trusted advisor to customers seeking secure, scalable, and productivity-enhancing solutions.

Building on this foundation, Ricoh New Zealand has implemented structured Copilot programmes across key business functions—including finance, marketing, customer operations and digital services. These deployments are supported by comprehensive AI readiness assessments that help define business needs, identify adoption barriers, and prioritise use cases. The insights gained feed into enablement frameworks and real-time feedback loops that drive continuous improvement, both internally and for Ricoh’s customers.

This hands-on experience—underpinned by its Solutions Partner credentials—has positioned Ricoh New Zealand as a strategic contributor to Ricoh’s go-to-market model in the Asia Pacific region with Microsoft, translating product capability into practical, scalable business outcomes.

Leo Liu, General Manager, Microsoft Hong Kong and Macau, added: “Microsoft is delighted to collaborate with Ricoh for AI Learning Week, empowering teams across the Asia Pacific region to unlock the full potential of AI Agents. Through hands-on sessions and real-world demonstrations, we are committed to supporting Ricoh in harnessing the power of Microsoft Copilot and custom AI agents. Our aim is to drive innovation, enhance productivity, and transform the way work gets done—today and for the future.”

As Ricoh continues to invest in its people, platforms and partnerships, AI Learning Week serves as a timely demonstration of how strategic enablement at scale can power the next phase of workplace transformation across Asia Pacific.

-Ends-

Related News

About Ricoh

Ricoh is a leading provider of integrated digital services and print and imaging solutions designed to support the digital transformation of workplaces, workspaces and optimise business performance.

Headquartered in Tokyo, Ricoh’s global operation reaches customers in approximately 200 countries and regions, supported by cultivated knowledge, technologies, and organisational capabilities nurtured over its 85-year history. In the financial year ended March 2025, Ricoh Group had worldwide sales of 2,527 billion yen (approx. 16.8 billion USD).

It is Ricoh’s mission and vision to empower individuals to find ‘Fulfilment through Work’ by understanding and transforming how people work so we can unleash their potential and creativity to realise a sustainable future.

For further information, please visit www.ricoh.com

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© 2025 RICOH ASIA PACIFIC PTE LTD. All rights reserved. All referenced product names are the trademarks of their respective companies.

NEXEN TYRE AUSTRALIA Accelerates Growth in SUV and Ute Market with Launch of ROADIAN ATX

  • Strengthening presence through localised product offerings, enhanced logistics infrastructure, and strategic sports marketing initiatives

SEOUL, South Korea, Aug. 18, 2025 /PRNewswire/ — NEXEN TYRE, a leading global tyre manufacturer, has officially launched the ‘ROADIAN ATX’ in the Australian market, intensifying its efforts to tap into the country’s robust demand for high-inch tyres used on SUVs and Utes.

ROADIAN ATX IMAGE by NEXEN TYRE
ROADIAN ATX IMAGE by NEXEN TYRE

Specifically engineered for both on- and off-road performance, the ROADIAN ATX is optimised for Australia’s diverse driving conditions – from desert highways and mountainous terrain to unpaved outback trails and coastal roads. The tyre features a wide contact patch and advanced rubber compound to maximise mileage and tread durability.

Key off-road technologies feature a 3D kerf design that enhances wet grip and a Three-Peak Mountain Snowflake (3PMSF) certification, validating its outstanding performance in snowy environments. Additional features such as stone ejectors and side biters prevent gravel retention and enhance traction on rocky surfaces, giving Australian drivers greater durability and confidence in challenging conditions.

The introduction of the ROADIAN ATX aligns with NEXEN TYRE’s broader strategy to cater to the growing preference for larger vehicles in Australia. The tyre is currently supplied as OE (Original Equipment) for iconic Jeep models including the Wrangler and Gladiator, reinforcing the brand’s global credibility and technological leadership.

To support its expansion, NEXEN TYRE AUSTRALIA is reinforcing its logistics and sales network across Australia. Following the opening of distribution centres in New South Wales (2023) and Victoria (2024), the company plans to open an additional logistics hub in Queensland in the second half of 2025. These investments aim to provide deliver efficiency and customer service across the eastern economic corridor, including Sydney, Melbourne, and Brisbane.

NEXEN TYRE AUSTRALIA is also amplifying its brand visibility through strategic sports marketing. Since October 2024, the company has been the official sponsor of Sydney FC, a leading club in Australia’s A-League. The partnership has significantly elevated the brand’s profile through LED signage, stadium displays, and virtual advertising during national broadcast matches and global streaming on Paramount+.

Furthermore, NEXEN TYRE AUSTRALIA actively engages with local fans through Sydney FC’s digital channels, including social media campaigns and newsletter placements, fostering stronger connections with Australian consumers.

“The ROADIAN ATX reflects our commitment understanding and meeting the unique needs of the Australian market,” said John Bosco (Hyeon Suk) Kim, CEO of NEXEN TYRE. “We will continue to build a strong local presence through product localisation, strategic partnerships, and an enhanced logistics framework.”

About NEXEN TYRE

NEXEN TYRE, established in 1942, is a global tyre manufacturer headquartered in South Korea. NEXEN TYRE, one of the world’s fastest growing tyre manufacturers, currently interacts with approximately 150 countries around the world and owns four manufacturing plants – two in Korea (Yangsan and Changnyeong) and one in Qingdao, China. Another plant in Žatec, the Czech Republic has also begun operation in 2019. NEXEN TYRE produces tyresfor passenger cars, SUVs, and light trucks with advanced technology and excellence in design. NEXEN TYRE supplies OE tyresto global premium car makers in various countries around the world proving its quality and technology of its products. Additionally, the company achieved a grand slam of the world’s top 4 design awards in 2014 for the first time amongst the various tyre makers in the world. 

For more information, please visit http://www.nexentire.com/international/

Press contact:

Youngjun Lee
Corporate Communication Team
yjlee@nexentire.com

Danbee Jung
Corporate Communication Team
dbjung@nexentire.com

PRECEDENT PRODUCTIONS WELCOMES WESTPAC AS OFFICIAL PARTNER OF THE 2025 AUSTRALIAN SMALL BUSINESS CHAMPION AWARDS

SYDNEY, Aug. 18, 2025 /PRNewswire/ — Precedent Productions is proud to welcome Westpac as a Major Partner of the 2025 Australian Small Business Champion Awards.

Now in its 26th year, the prestigious Australian Small Business Champion Awards is a national recognition program dedicated to highlighting the contributions of small businesses from a broad range of industries across Australia. Since its inception in 1999, it has grown to become one of Australia’s most respected awards programs that not only recognises economic impact, but also the vital role these small businesses play in their local communities.

“Our mission has always been to shine a spotlight on the remarkable achievements of small business owners and to give them the recognition they deserve,” says Steve Loe, Founder and Managing Director of Precedent Productions. “We’re thrilled to have Westpac join us in this mission and share in our passion for celebrating innovation and community spirit. Every year, these Awards uncover inspiring stories of determination and success.”

Westpac’s partnership reflects a shared belief in supporting the growth and sustainability of small businesses across the country. “Every great business starts with a moment of courage, that leap of faith when someone decides to turn their passion into purpose.” says Anthony Mathews, National General Manager, SME & Small Business at Westpac Group. “We’re proud to partner with Precedent Productions to support the Australian Small Business Champion Awards, a program that celebrates the passion, resilience, and impact of small businesses across the country.”

Winners of each program will be announced at two separate National Gala Presentation Evenings at the Hyatt Regency Sydney:

Trades Awards Gala –                 Friday, 29 August 2025 https://www.championawards.com.au/trades

Professionals Awards Gala –    Saturday, 30 August 2025

                                                      https://www.championawards.com.au/professionals

Australia’s top environment groups call for greater input into Treasurer’s economic roundtable

MELBOURNE, Australia, Aug. 18, 2025 /PRNewswire/ — Leaders from Australia’s environment sector have delivered a set of recommendations to the government ahead of its three-day economic roundtable this week.

The recommendations followed an environmental economic reform roundtable convened on Friday by the environment sector, in response to concerns over the lack of environmental input into the Treasurer’s Canberra event.

The roundtable was attended by CEOs and policy leaders from 25 organisations with key roles in nature conservation and land management in Australia, including Greening Australia, the Indigenous Desert Alliance, the North Australian Land and Sea Management Alliance, the Biodiversity Council, the Australian Wildlife Conservancy, WWF Australia, the Nature Conservancy, Landcare Australia and NRM Regions Australia.

Despite the environment underpinning Australia’s GDP and export earnings, there will only be minimal representation at the Canberra event, which aims to build consensus on strategies to boost productivity, enhance economic resilience, and strengthen budget sustainability.

Australian Land Conservation Alliance CEO Dr Jody Gunn said other industry groups had been engaged in earlier roundtables to feed into the Treasury discussions and agenda. “The environment sector had encouraged the Minister for Environment and Water, Murray Watt’s office to hold or co-host a discussion, and whilst this was not taken up, we were pleased to have a representative from Minister Watt’s office attend Friday’s roundtable.”

“Nature’s economic role is too important to leave out of national reform conversations. If we ignore nature, productivity suffers. If we invest in the solutions it brings, we all win — with stronger regional economies, better disaster resilience, and healthier communities.”

Among the recommendations are calls for stronger laws for nature that underpin long-term economic growth, a review of tax settings to incentivise conservation and environmental restoration activities, the need to embed connection with Country and draw upon the knowledge and relationship Indigenous Australians have with the land, and workforce planning for the environment sector.

Environment leaders warn that without nature-based investment and reform, the ongoing decline of our natural capital—soil, water, native vegetation, and biodiversity—will erode productivity, economic growth, and disaster resilience.

Dr Gunn emphasised, “Nature is essential economic infrastructure and through the roundtable recommendations, the environment sector is highlighting the need for it to have a key seat at the table for sustainable economic reform.”

“We’ll continue advancing nature-based solutions, delivering results on the ground, and working to make sure it is part of the broader economic reform conversation.”

“Failing to seize this opportunity would be outdated thinking: the economy does not exist in isolation from the natural world that sustains it.”

Key asks:

1. Put nature at the heart of economic planning and reform

Governments should treat nature like any other critical economic asset — forecasting how the loss of forests, waterways, soils, and wildlife will impact jobs, exports, and the cost of living.

2. Invest in nature and make it easier for others to do the same

We need more funding from both government and business to protect and restore nature. That means direct investment, smarter policies, and reforms that unlock private capital — without letting governments off the hook.

3. Stop paying for damage, start funding solutions

Right now, public money is still flowing to activities that harm nature. Governments should phase out these harmful subsidies and redirect them into projects that regenerate ecosystems and support long-term prosperity.

4. Strengthen and enforce the laws that protect nature

Environmental laws must be clear, consistent, and properly enforced. That includes finishing national reforms, resourcing regulators, and creating an independent agency to ensure transparency, accountability, and certainty.

5. Back solutions that work for people, climate, and Country

Nature, climate, and people are deeply connected. Supporting Indigenous-led land and sea management, aligning climate and biodiversity policies, and ensuring environmental markets deliver real, lasting benefits, is critical.

–END–

See Communique for full recommendations.

Additional quotes

Quotes attributable to Barry Hunter, CEO, North Australian Indigenous Land and Sea Management Alliance

“If we are serious about delivering outcomes for people, climate, and Country, we have to make sure Indigenous-led land and sea management has the resources to meet real needs on the ground. Indigenous Protected Areas are not just a conservation success story, they are vital to climate resilience, biodiversity protection, and creating lasting economic opportunities in regional and remote communities – but every day, ranger groups are having make a decision between putting their budget into on-ground management, or fueling equipment. IPAs benefit everyone, but what’s needed to actually manage them on the ground has to be recognised, with the policy to back that in.

Attributable to Tim Nicol, Director and Head of Australian Offices, The Pew Charitable Trusts

“Nature is critical infrastructure for our economy but underinvestment has left us facing multiple crises. We have the solutions – nature-based programs that will protect nature and restore, support and grow economies, particularly in regional areas. But nature has been systematically underfunded at the federal level. The good news is that better funding for the environment could also boost the productivity of our lands and workforce and enhance the wellbeing of all Australians from the cities to most remote parts of our continent.”

Attributable to James Fitzsimons, Senior Advisor: Global Protection, The Nature Conservancy 

“Well-designed environment laws are critical to provide societal confidence that our natural environment will be protected, but also offer the stability and certainty business is looking for.”

Attributable to Heather Campbell, CEO, Greening Australia

“To ensure that environmental markets deliver real benefits for nature, people, and the economy, we must lean in with clear rules, public and private investment, and a willingness to learn and adapt. They have a role to play, but they must work alongside public funding, First Nations leadership, and climate action to deliver real, lasting benefits for Country, communities, and the economy.”

Available for interview:

The Australian Land Conservation Alliance is Australia’s peak body for private land conservation, representing organisations that protect, steward and restore nature on privately owned or managed land.

This Summer’s Next Trend? Stationery, Says Yiwugo

YIWU, China, Aug. 17, 2025 /PRNewswire/ — Yiwugo.com, the official website of the Yiwu Commodity Market, is the largest commodity wholesale market in the world. Big data from Yiwugo shows that, as of August 12, 2025, demand in the “office and study supplies” sector had been on a steady rise, climbing to 14th place among all categories. Traditionally a stable segment of the consumer goods market, stationery has seen a notable surge in the past 30 days, driven by the approaching back-to-school season in both China and overseas. Many Yiwugo merchants report a buying wave for office essentials and cartoon-themed stationery.

Products on www.yiwugo.com.
Products on www.yiwugo.com.

Jiangsu Dehuang Stationery Co., Ltd., with nearly 30 years of experience, boasts industry-leading design, R&D, and manufacturing capabilities. Over the years, it has established itself as a trusted supplier to both domestic and international brands. According to owner Wang Xiaohua, the company collaborates with renowned names such as Germany’s Staedtler, Faber-Castell, and Pelikan, along with France’s Maped and several leading Chinese brands. Its product line includes correction tools, sticky notes, and art crayons.

Since early summer, demand from European customers for art-related products has soared, with average monthly purchases nearing RMB 1 million. The French market, in particular, has experienced a notable upswing, fueled by a wave of new customers introduced through Yiwugo. Major general merchandise chains in Japan, Europe, and the U.S. have expressed strong satisfaction with Dehuang’s sticky notes, citing their exceptional paper durability, absence of fluorescent agent reactions, and outstanding adhesive stability—qualities that have translated into substantial annual orders.

Wang noted that Dehuang’s commitment to quality begins with the careful selection of premium raw materials and extends to the acquisition of both domestic and international certifications. Each year, the company undergoes rigorous brand-partner audits on plant design, technology, and supply capabilities. For instance, the production of correction fluid requires not only eco-friendly materials but also exceptional sealing performance. Factoring in production and transportation cycles, manufacturing a single bottle of Dehuang correction fluid costs about 1.5 times more than typical market alternatives—yet its shelf life is five to six times longer. This is a key reason for the company’s consistently high customer retention rate.

Unlike Dehuang, which has spent three decades building its reputation on quality, Yuanchang Stationery has distinguished itself through its distinctive design. According to proprietor Wu Chenjie, many customers have been sourcing office supplies via Yiwugo recently, with cartoon-themed staplers emerging as bestsellers. Models shaped like pandas, airplanes, and propellers have seen particularly strong demand.

One European client, who initially ordered only a few hundred units of each model, quickly multiplied their orders severalfold after successful trial runs—yet demand still outpaced supply. Today, whenever Yuanchang introduces a new product, this client immediately places large orders; just this month, they purchased another shipment of cartoon staplers.

As Wu pointed out, since 2023 Yuanchang has partnered with multiple design agencies to blend charm with functionality. The first major success from these collaborations—the panda stapler series—has become an overseas bestseller, now shipping more than 50,000 units each month.

In recent months, Disney-themed stationery sets have been especially popular in Southeast Asia. After securing Disney licensing, Yuanchang has curated stationery collections tailored to different markets, with monthly orders reaching around 500,000 units.

Currently, Yuanchang is busy fulfilling orders from a German retail chain. Through Yiwugo, the company has connected with a growing network of high-quality customers. Wu explained that their R&D team draws on both domestic and international feedback collected via the platform to refine their products, enhancing not only quality but also their playful appeal.

Thanks to Yiwugo’s outreach and promotion, an increasing number of premium Chinese brands—such as Dehuang—are gaining wider recognition in global markets, enabling outstanding domestic products to shine both at home and abroad.

GenScript Biotech Demonstrates Profitable Scale and Strategic Leadership in H1 2025, Establishing Clear Industry Leadership Through Accelerated Growth and Innovation

Rising Global Footprint, Best-in-Class Innovation, and ESG Excellence Set Stage for Sustained Value Creation

PISCATAWAY, N.J., Aug. 17, 2025 /PRNewswire/ — GenScript Biotech Corporation (HK.1548), a global pioneer in life sciences innovation, today announced outstanding interim results for the first half of 2025, underscoring its ability to deliver profitable growth at scale through strategic globalization, differentiated technology, and relentless innovation.

Fueled by robust demand across all business segments and expansion into key international markets, GenScript achieved consolidated revenue of approximately US$518.8 million for H1 2025, reflecting an exceptional 81.9% year-over-year increase. Gross profit rose 140.1% to US$320.6 million, while adjusted net profit from continuing operations surged 509.6% to US$178 million, demonstrating not only rapid growth but superior operational leverage and margin resilience.

H1 2025 Highlights and Financial Performance

  • Revenue: US$518.8 million (+81.9%); reflecting broad-based growth across all business segments and geographies.
  • Gross Profit: US$320.6 million (+140.1%); driven by enhanced capacity utilization and premium product mix.
  • Adjusted Net Profit from Continuing Operations: US$178.0 million (+509.6%); underscoring highly scalable profitability and improved operational leverage.
  • Global Presence: Meaningful growth across all regions, driven by elevated contribution from international markets
  • Sustainability Leadership: Industry-leading ESG ratings reinforcing long-term stakeholder value

“Our first-half results powerfully affirm the strength of GenScript’s innovation-led, commercially driven global strategy,” said Sherry Shao, Rotating CEO of GenScript Biotech. “We remain committed to deepening R&D investment, expanding production capacity worldwide, and accelerating market penetration to deliver sustainable growth and superior value to our customers and shareholders.”

Strategic Growth Drivers and Segment Highlights:

Innovation and Gene-to-Protein Platform Excellence

The Life Science Services and Products segment generated US$247.6 million in revenue (+11.3% YoY), powered by breakthrough increases in gene synthesis throughput. The protein business demonstrated a remarkable 52% uplift, capitalizing on surging demand, especially from AI-driven drug discovery innovators. This segment’s growth is bolstered by expanding reagent and consumable offerings and investments in automated “lights-out” manufacturing, enabling both scale and profitability.

CDMO Business Rebounds with a return to revenue growth after the industry headwind

GenScript’s biologics development CDMO services, operated under ProBio, reported US$246.9 M in revenue, an extraordinary 511.1% increase year-over-year. Adjusted gross margin expanded dramatically to 73.6%, reflecting improved capacity utilization and operational efficiencies. Excluding a one-time upfront payment tied to collaboration with LaNova, the segment sustained strong double-digit growth. ProBio has out-licensed 16 assets—4 in clinical development—and impending milestones such as the potential CD3 VHH out-licensing by late 2025 or early 2026, offer robust visibility into future revenue streams and underline long-term growth potential.

Industrial synthetic biology products’ Market Leadership and Product Innovation

Bestzyme, Industrial synthetic biology products unit, grew its revenue by 8.4%, driven by market share gains for its innovative enzyme portfolio and continued trust from key accounts.

With 61 patents granted and 61 new applications filed, Bestzyme is leading industry innovation. Its innovative synthetic biologic product, sweet protein, has earned FDA GRAS status, and the commercial manufacturing facility is expected to commence operations in mid-2026 .

Strengthening Global Reach and Market Position for the Life Science Services and Products

GenScript’s global production and R&D footprint—with major facilities in the U.S., Europe, and Asia—supports over 60% automation penetration, enabling resilient supply chains and rapid responsiveness to customers’ evolving needs. The company’s August 8 global brand relaunch, paired with its industry-leading Net Promoter Score, strengthens customer loyalty and commercial momentum, driving win rates, pricing power, and adoption of integrated, higher-margin solutions.

Unwavering Commitment to ESG, Driving Sustainable Competitive Advantage

The Group continues to lead in sustainability, with its ESG framework aligned to global best practices. The group has earned top-tier recognition, including an MSCI AA rating, EcoVadis Silver Medal, Sustainalytics “Low Risk” designation, an improved S&P Global Corporate Sustainability Assessment score of 60, and inclusion in the FTSE4Good Index Series. Its science-based carbon reduction targets are validated by the SBTi, supported by commitments through membership in the United Nations Global Compact and the Pharmaceutical Supply Chain Initiative.

These actions underscore GenScript’s commitment to responsible growth and enhance its appeal to investors who prioritize ESG as a key driver of sustainable, long-term value.

Outlook

GenScript anticipates continued growth backed by scaling automation, global brand strength, and an expanding pipeline of innovative solutions. The company is well positioned to sustain its biotech leadership, delivering differentiated solutions and creating elevated shareholder value in an evolving global healthcare and biotech landscape.

About GenScript Biotech Corporation

Founded in 2002 in New Jersey, GenScript Biotech Corporation accelerates innovation in healthcare and consumer goods by providing researchers and companies with the building blocks needed to develop groundbreaking treatments and products. Guided by its mission to Make People and Nature Healthier Through Biotechnology, and its role as a trusted global leader, GenScript has a team of over 5,700 employees and has served more than 200,000 customers across 100 countries.

Learn more here: https://www.genscript.com

Europe to Mull Over Plan for Peace in Ukraine After Trump-Putin Summit

Europe to Mull Over Plan for Peace in Ukraine After Trump-Putin Summit
US President Donald Trump and Russian President Vladimir Putin meet during a US-Russia summit on Ukraine at Joint Base Elmendorf-Richardson in Anchorage, Alaska, on August 15, 2025. (Photo by ANDREW CABALLERO-REYNOLDS / AFP)

By Shaun TANDON/AFP – Leaders of France, Germany, and Britain will host a video call on Sunday for their so-called “coalition of the willing” to discuss steps towards ending the war in Ukraine, after Donald Trump dropped his push for a ceasefire after his Alaska summit with Russian leader Vladimir Putin.