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DJI Dock 3 Delivers “Drone in a Box” Enterprise Solution For 24/7 Remote Operations

Featuring the High-Performance DJI Matrice 4D/4TD Drones, DJI Dock 3 Supports Vehicle-Mounted Deployments and Adapts to Various Environments

SHENZHEN, China, Feb. 27, 2025 /PRNewswire/ — DJI, the global leader in civil drones and creative camera technology, today launches DJI Dock 3, the company’s first “Drone in a Box” solution that supports vehicle mounting, empowering 24/7 remote operations in various environments. Meeting the needs for public safety, emergency response, and infrastructure inspection, Dock 3 comes with the all-new DJI Matrice 4D or DJI Matrice 4TD drone that offers improved flight and protection performance.

DJI Dock 3
DJI Dock 3

“As the world’s most trusted solution for aerial operations in public safety and infrastructure maintenance, DJI continues to push the boundaries of what’s possible,” said Christina Zhang, Senior Director of Corporate Strategy at DJI. “With DJI Dock 3, we’re proud to deliver innovative and reliable solutions that can flexibly adapt to the needs of operators on the ground.”

Adaptable to Extreme Environments
Designed for critical operations in extreme conditions, DJI Dock 3 can operate and charge seamlessly in extreme temperatures up to 50°C and as low as -30°C when pre-heated. Its design further safeguards its internal system with an exceptional IP56 dust and water-resistant rating.

Flexible Deployment, Ultra-Long Transmission
DJI Dock 3 can flexibly support emergency operations and long-distance inspections. Optimized for vehicle-mounted deployments, it supports horizontal calibration and cloud-based calibrations. For higher efficiency, two docks can be simultaneously deployed on a single vehicle for dual-drone rotations.

High-Performance DJI Matrice 4D and 4TD
The all-new DJI Matrice 4D and 4TD drones are IP55-rated and feature an extended 54 minutes of forward-flight time and 47 minutes of hovering. Both drones have a wide-angle camera, a medium tele camera, a tele camera, and a Laser Range Finder. The Night Scene mode offers full-color night vision, and the 4TD offers additional IR-Cut Filter features for black-and-white night vision. With the DJI RC Plus 2 Enterprise remote controller, the drones can fly standalone or with an innovative onboard relay function to extend the drone’s operational range.

Other Notable Features

  • Intelligent Operation for Efficient Missions: DJI FlightHub 2 can further enhance the dock’s remote operations. Once a flight route is set, intelligent settings enable the drone to automatically identify vehicles and vessels or detect infrared temperature anomalies. Changes to an area can also be analyzed with the new intelligent change detection feature.
  • Precise Maneuvering in Complex Environments: An Obstacle Sensing Module can be added to equip the Matrice 4D/4TD drone with LiDAR and millimeter-wave radar technology.
  • Gimbal-Following Spotlight and Real-Time Speaker: The DJI AL1 SpotLight can illuminate subjects up to 100 meters away. The DJI AS1 Speaker can broadcast up to 300 meters away, up to 114 decibels at a distance of 1 meter.
  • Flight Termination System for C6 Compliance: The FTS module can be manually triggered to terminate a flight if it enters strictly regulated airspace.
  • Industry-Leading Privacy Controls: DJI puts customers in control of their data. Users must opt-in to share photos or videos with DJI, and US-based users can no longer sync flight logs with DJI servers. For heightened data security needs, Local Data Mode can sever the app’s  Internet connection. Learn more:  DJI Trust Center

Availability
The DJI Dock 3 is available for purchase through authorized DJI Enterprise dealers.
Contact us: https://enterprise.dji.com/dock-3#contact-us
Learn more: https://enterprise.dji.com/dock-3

The DJI Care Enterprise Plus and the Official Extended Warranty Service offer a comprehensive protection plan for DJI Matrice 4D/4TD Series, covering various damages. Offerings may vary by country/region.

*Dock 3 Accessory; Sold separately 

**All data measured with a production model in a controlled environment.

About DJI
Since 2006, DJI has led the world with civilian drone innovations that have empowered individuals to take flight for the first time, visionaries to turn their imagination into reality, and professionals to transform their work entirely. Today, DJI serves to build a better world by promoting human advancement. With a solution-oriented mindset and genuine curiosity, DJI has expanded its ambitions into agriculture, public safety, surveying and mapping, and infrastructure inspection. In every application, DJI products deliver experiences that add value to lives around the world in more profound ways than ever before.

 

Metanoia Unveils MT5824: The World’s Lowest Power, Smallest Footprint 4T4R O-RU Solution

TAIPEI, Feb. 27, 2025 /PRNewswire/ — At Mobile World Congress (MWC) 2025, Metanoia will showcase the MT5824 chipset, a groundbreaking 5G SoC with future-proof Software Defined Radio (SDR) architecture, open-source flexibility, and industry-leading power efficiency, setting a new benchmark for 4T4R ORAN-RU solutions.

Unmatched 5G Efficiency

MT5824 delivers the world’s lowest power, smallest footprint 4T4R O-RU solution—consuming 90% less power, reducing 80% BOM costs, and shrinking the footprint by 70% compared to FPGA-based solutions.

Flexible SDR Architecture

Optimized for 5G FR1/FR2 O-RU and small cell applications, MT5824 ensures seamless integration across networks requiring high security, traffic aggregation, and redundancy. Its modular design guarantees long-term adaptability and investment protection.

Open-Source Innovation for Faster Development

Metanoia’s open-source Software Development Kit (SDK) eliminating vendor lock-in, enabling rapid and cost-effective customization, reducing development costs, and accelerating time-to-market.

“At Metanoia, we believe in future-proofing network investments with our flexible SDR solution and open-source approach,” said Stewart Wu, Ph.D., Chairman & CEO of Metanoia. “The MT5824 represents a paradigm shift in 5G and future AnyG infrastructure, combining performance, efficiency, and adaptability for today’s and tomorrow’s needs.”

Industry Endorsements

Pegatron 5G BU:
“Pegatron 5G has developed the PR1450 ORAN 4T4R Radio using Metanoia’s reference designs and SDR chipsets,” said David Hoelscher, VP & Chief Product Officer, Pegatron 5G. “We are impressed with the integration and technical support, which accelerated our 5G Radio product development.”

Sera Network, Inc.:
Jerry Chien, Chairman of SERA, stated, “SERA adopted MT5824 to optimize Cost of Goods Sold (COGS) and engineering turnaround time. MT5824 delivers top-tier performance while significantly reducing power consumption, cost, and footprint—forming the trifecta for next-gen design success.”

Key Benefits of the MT5824 Chipset

  • Fully Integrated Solution: Combines Metanoia’s DFE SoC (MT2824) and RFIC (MT3812) with a complete HDK and SDK.
  • Fast Time-to-Market: Modular SDR architecture enhances design and manufacturing efficiency.
  • PoE-Ready: Supports Power over Ethernet for simplified deployment.
  • Future-Proof Networking:
    • Scalable & Open RAN Compliant: Supports 5G and future networks, adhering to O-RAN 7.2x and 3GPP standards.
    • High Performance: Multi-core 64-bit RISC-V and merchant DSP processors enable flexible signal processing.
    • Energy Efficient: Meets O-RAN sustainability benchmarks with advanced power-saving features.

Key Features of MT5824 for FR1 4T4R

  • High-Efficiency 5G O-RU SoC: Integrated NPU + DFE + PHY.
  • High-Speed I/O: Dual 10/25Gbps FX, supporting 4T4R redundancy via single SoC or 8T8R cascaded with dual SoCs.
  • Flexible 5G Support: 15/30/60/120 kHz sub-carriers for FR1 & FR2 bands.
  • Advanced SDR & DPD: Open SDR framework and in-house DPD/CFR for optimal PA efficiency.
  • URLLC & High Modulation: Supports mini-slots, 1024QAM DL / 256QAM UL with superior throughput.
  • Ultra-Low Power: < 6W chipset power for 4T4R configurations.

About Metanoia Communications, Inc.

Metanoia based in Silicon Valley, California has developed several generations of semiconductor SoC for wireline Broadband and is now focusing in bringing new products to enable the 5G NR Markets.

Please visit us at MWC Barcelona Hall 5 Stand 5L26MR for more details.

Ne Zha 2 Dominates Hong Kong Box Office for Four Straight Days, Crowned 2025’s Top Film


SHANGHAI, CHINA – Media OutReach Newswire – 27 February 2025 – Chinese animated blockbuster Ne Zha 2 has taken Hong Kong by storm, topping the city’s box office charts for four consecutive days since its release. As of now, its cumulative earnings in Hong Kong have surpassed $2.07 million, securing its position as 2025’s highest-grossing film in the region.

The premiere of the Chinese animated blockbuster "Ne Zha 2" was held in Hong Kong on February 18.
The premiere of the Chinese animated blockbuster “Ne Zha 2” was held in Hong Kong on February 18.

The sequel to the 2019 hit “Ne Zha” premiered in Hong Kong on February 18 and hit the theaters on February 22, drawing enthusiastic crowds and critical acclaim. The film reimagines the mythical tale of Ne Zha—a divine warrior from Chinese folklore—with modern storytelling and cutting-edge animation, captivating audiences across the Chinese mainland since its Lunar New Year debut.

The Hong Kong premiere at Causeway Bay drew a star-studded crowd, including representatives from its Hong Kong and Macau distribution teams, local cultural figures, and residents. Industry professionals praised the film’s technical brilliance and narrative depth, with many cinemas, such as Kowloon Tong’s Festival Grand Cinema, scheduling near hourly screenings to meet demand.

The billboards in Hong Kong cinemas promoting the release of "Ne Zha 2" on February 22.)
The billboards in Hong Kong cinemas promoting the release of “Ne Zha 2” on February 22.)

Two Hong Kong moviegoers shared their excitement after attending early screenings. One resident remarked, “I don’t usually watch adult-oriented animated films, but this one is definitely worth watching. Chinese animation can now rival, or even surpass, foreign productions.” Another added, “Chinese animation keeps improving. Compared to films six years ago, the artwork is more beautiful, the visuals more vibrant, and the storytelling completely unexpected.”

LO Shuk-pui, Director of the Hong Kong SAR Government’s Culture, Sports, and Tourism Bureau, highlighted the film’s collaborative effort, stating, “The script is exceptionally well-written, with sharp dialogue and rich character development. I heard 138 companies worked on this project over five years—the dedication and technical excellence are evident.”

WONG Bak-ming, Chairman of Hong Kong’s Oriental Film Company, emphasized its cultural significance, noting that Ne Zha series has successfully brought traditional Chinese stories to the global stage. It proves Chinese animation can achieve world-class results, and they’re proud to contribute to this milestone.

Globally, Ne Zha 2 has grossed over $1.698 billion as of February 18, surpassing “Inside Out 2” to become the highest-grossing animated film in history and entering the top eight of the all-time global box office chart. Due to its sustained popularity, the film’s screening period in Chinese mainland has been extended to March 30.

From its mythological roots to its record-breaking success, Ne Zha 2 continues to redefine the possibilities of Chinese animation, bridging cultural heritage with global appeal.

Hashtag: #ShanghaiEye

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

Medicus Pharma Ltd Announces Submission of Phase 2 Clinical Design (SKNJCT-004) to UAE Department of Health (DOH) to Non-Invasively Treat Basal Cell Carcinoma of the Skin (BCC)

The Clinical Study is Expected to Randomize 36 Participants in Cleveland Clinic Abu Dhabi (CCAD) and Three Other Clinical Sites in UAE

Philadelphia, Pennsylvania – Newsfile Corp. – February 27, 2025 – Medicus Pharma Ltd. (NASDAQ: MDCX) (“Medicus” or the “Company”) is pleased to announce that it has submitted a clinical design (SKNJCT-004) to UAE DOH to non-invasively treat BCC of the skin.

The study is expected to randomize thirty-six (36) patients in four sites in UAE, which are Cleveland Clinic Abu Dhabi (CCAD), Sheikh Shakbout Medical City (SSMC), Burjeel Medical City (BMC), and American Hospital of Dubai (AHD).

Insights Research Organization and Solutions (IROS), a UAE-based contract research organization, is coordinating the clinical study for the Company. IROS is a M42 portfolio company.

Clinical Trial Design (SKNJCT-004)

The clinical study, SKNJCT-004, is designed to be a randomized, double-blind, placebo-controlled (P-MNA), multi-center study enrolling up to 36 subjects presenting with BCC of the skin. The study will evaluate the efficacy of two dose levels of D-MNA compared to a placebo control. The participants will be randomized 1:1:1 to one of three groups: a placebo-controlled group receiving P-MNA, a low-dose group receiving 100μg of D-MNA, and a high-dose group receiving 200μg of D-MNA.

The high-dose, 200μg D-MNA, proposed in the study is the maximum dose that was used in the Company’s Phase 1 safety and tolerability study (SKNJCT-001) completed in March 2021.

SKNJCT-001 met its primary objective of safety and tolerability. The investigational product, D-MNA, was well tolerated across all dose levels in all 13 participants enrolled in the study, with no dose-limiting toxicities (DLTs), or serious adverse events (SAEs). Furthermore, there were no systemic effects or clinically significant abnormal findings in laboratory parameters, vital signs, ECGs, and physical examinations. The study also describes the efficacy of the investigational product, D-MNA, with 6 participants experiencing complete responses. The complete response is defined as the disappearance of BCC histologically in the final excision at the end of study visit. The participants profile demonstrating complete responses was diverse, and all participants (6/6) had nodular subtype of BCC.

The Company also has SKNJCT-003 Phase 2 clinical study currently underway in 9 clinical sites in the United States, which is expected to randomize 60 patients. The patient recruitment in this study, which began in August 2024, has now randomized more than 50% of the 60 patients expected to be enrolled in the study. The Company is on track to complete an interim data analysis of SKNJCT-003 before the end of Q1 2025 and to submit its findings to the United States Food and Drug Administration (FDA) as part of a package seeking a Type C meeting with the FDA in Q2 2025. The purpose of the Type C meeting is to formally discuss the product development and gain further alignment on the clinical pathway. The Company’s aim is to gain FDA’s consent to fast-track the clinical development program.

“We are making substantial progress in expanding the clinical development program of our novel non-invasive treatment to cure the most common cancer in the world, beyond the shores of United States, stated Dr. Raza Bokhari, Executive Chairman & CEO. “UAE is rapidly emerging as a significant hub for Pharmaceutical R&D, driven by strategic investments, public-private partnerships and a commitment to innovation. A clinical study in the middle east will help us gather useful efficacy and safety data. It will also help us strengthen our clinical development program, as we aspire to bring to market not only the first-in-class, but also the best-in-class, novel non-invasive treatment regimen for BCC”.

For further information contact:

Carolyn Bonner, President
(610) 636-0184
cbonner@medicuspharma.com

Jeremy Feffer
LifeSci Advisors
(212) 915-2568
jfeffer@lifesciadvisors.com

About Medicus Pharma Ltd:

Medicus Pharma Ltd. (Nasdaq: MDCX) is a biotech/life sciences company focused on accelerating the clinical development programs of novel and disruptive therapeutics assets.

SkinJect Inc. a wholly owned subsidiary of Medicus Pharma Ltd, is a development stage, life sciences company focused on commercializing novel, non-invasive treatment for basal cell skin cancer using patented dissolvable microneedle patch to deliver chemotherapeutic agent to eradicate tumors cells. The Company has completed a phase 1 safety & tolerability study (SKNJCT-001) in March of 2021, which met its primary objective of safety and tolerability; the study also describes the efficacy of the investigational product D-MNA, with six (6) participants experiencing complete response on histological examination of the resected lesion. The Company submitted a Phase 2 IND clinical protocol to the FDA in January 2024 for a randomized, controlled, double-blind, multicenter clinical study (SKNJCT-003) that is expected to randomize up to 60 patients. The study is designed to evaluate the efficacy of two dose of two dose levels (100 and 200 ug) of D-MNA compared to placebo (P-MNA) in subjects with nodular BCC. Patient recruitment is currently underway in nine sites across the United States.

Cautionary Notice on Forward-Looking Statements

Certain information in this news release constitutes “forward-looking information” under applicable securities laws. “Forward-looking information” is defined as disclosure regarding possible events, conditions or financial performance that is based on assumptions about future economic conditions and courses of action and includes, without limitation, statements regarding the Company’s plans and expectations concerning, and future outcomes relating to, the submission and advancement of the phase 2 clinical protocol, the randomization of patients and size of the study, the Company’s intention to complete and submit an interim data analysis to the FDA and to request a Type C meeting and the timing thereof, the Company’s aim to fast fast-track the clinical development program and convert the SKNJCT-003 exploratory clinical trial into a pivotal clinical trial, and approval from the FDA and the timing thereof. Forward-looking statements are often but not always, identified by the use of such terms as “may”, “on track”, “aim”, “might”, “will”, “will likely result”, “would”, “should”, “estimate”, “plan”, “project”, “forecast”, “intend”, “expect”, “anticipate”, “believe”, “seek”, “continue”, “target” or the negative and/or inverse of such terms or other similar expressions.

These statements involve known and unknown risks, uncertainties and other factors, which may cause actual results, performance or achievements to differ materially from those expressed or implied by such statements, including those risk factors described in the Company’s public filings on SEDAR+ and on EDGAR, which may impact, among other things, the trading price and liquidity of the Company’s common shares. Forward-looking statements contained in this news release are expressly qualified by this cautionary statement and reflect our expectations as of the date hereof, and thus are subject to change thereafter. The Company disclaims any intention or obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by law.

Readers are cautioned that the foregoing list is not exhaustive and readers are encouraged to review the Company’s long form prospectus accessible on the Company’s profile on SEDAR+ at www.sedarplus.ca and on EDGAR at www.sec.gov. Readers are further cautioned not to place undue reliance on forward-looking statements as there can be no assurance that the plans, intentions or expectations upon which they are placed will occur. Such information, although considered reasonable by management at the time of preparation, may prove to be incorrect and actual results may differ materially from those anticipated.

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

Zhihu Inc. to Report Fourth Quarter and Full Year 2024 Financial Results on March 26, 2025

BEIJING, Feb. 27, 2025 /PRNewswire/ — Zhihu Inc. (“Zhihu” or the “Company”) (NYSE: ZH; HKEX: 2390), a leading online content community in China, today announced that it will report its unaudited financial results for the quarter and full year ended December 31, 2024 before the U.S. market opens on March 26, 2025.

The Company’s management will host a conference call at 7:00 A.M. U.S. Eastern Time on Wednesday, March 26, 2025 (7:00 P.M. Beijing/Hong Kong Time on Wednesday, March 26, 2025) to discuss the results.

All participants wishing to join the conference call must pre-register online using the link provided below. Once the pre-registration has been completed, each participant will receive a set of dial-in numbers and a unique access PIN which can be used to join the conference call.

Registration Link: https://register-conf.media-server.com/register/BI822b4edc673942e382e2354f17702df3

Additionally, a live and archived webcast of the conference call will be available on the Company’s investor relations website at https://ir.zhihu.com

About Zhihu Inc.

Zhihu Inc. (NYSE: ZH; HKEX: 2390) is a leading online content community in China where people come to find solutions, make decisions, seek inspiration, and have fun. Since the initial launch in 2010, we have grown from a Q&A community into one of the top comprehensive online content communities and the largest Q&A-inspired online content community in China. For more information, please visit https://ir.zhihu.com.

For investor and media inquiries, please contact:

Zhihu Inc.
Email: ir@zhihu.com

Christensen Advisory
Roger Hu
Tel: +86-10-5900-1548
Email: zhihu@christensencomms.com

SurplusGLOBAL Establishes European Branch in Munich, Germany, and Appoints EMEA Manager

SEOUL, South Korea, Feb. 27, 2025 /PRNewswire/ — SurplusGLOBAL, a global leader in the legacy semiconductor equipment industry, has officially announced the establishment of its European branch, SurplusGLOBAL GmbH, in Munich, Germany. With this expansion, the company aims to strengthen its local customer support capabilities and deliver customized semiconductor equipment and parts solutions more efficiently to the European market.

SurplusGLOBAL Establishes European Branch in Munich, Germany, and Appoints EMEA Manager
SurplusGLOBAL Establishes European Branch in Munich, Germany, and Appoints EMEA Manager

To lead the operations and drive the business expansion of its European branch, SurplusGLOBAL has appointed Andreas Berdzentis as EMEA Manager. With over 25 years of experience in the semiconductor equipment and component industry, Berdzentis has held key positions at Texas Instruments, FormFactor, and Anritsu. Leveraging his extensive network and industry expertise, he will spearhead the expansion of SemiMarket (www.SemiMarket.com), an AI-driven global marketplace, across Europe.

Additionally, he will play a crucial role in strengthening SurplusGLOBAL’s semiconductor equipment and parts supply chain.

With the establishment of its European branch and the appointment of a local managing EMEA manager, SurplusGLOBAL is set to expand local sourcing and sales of semiconductor equipment and parts across Europe. The company will also collaborate with its affiliate, EQ GLOBAL, to enhance repair and maintenance services. Furthermore, by strengthening partnerships with semiconductor companies, SurplusGLOBAL aims to bolster its competitiveness in the global semiconductor market.

Jin Jiang Radisson Hotels Participates in China Wedding Expo 2025

Creating a Blooming Romance in Shanghai for Guests

SHANGHAI, Feb. 27, 2025 /PRNewswire/ — As spring breathes new life into Shanghai, the city transforms into a vibrant display of blossoming flowers, setting the perfect stage for romance. From February 22 to 23, Jin Jiang Radisson Hotels and its 8 hotels penned a new chapter of love and celebration in its story at China Wedding Expo 2025. Taking Shanghai’s classic style and timeless elegance as inspiration, Jin Jiang Radisson Hotels showcased its expertise in integrating modernity with a variety of wedding themes and banquet services to create exquisite memories for newlyweds.

A Diversified Wedding Experience at Jin Jiang Radisson Hotels
A Diversified Wedding Experience at Jin Jiang Radisson Hotels

Jin Jiang Radisson Hotels offers a diverse range of high-end to luxury hotels, guided by the belief “Every Moment Matters”. Each hotel presents its own distinctive approach to wedding banquet services, from serene lakeside retreats to sophisticated urban luxury, from classical European elegance to contemporary chic. With the support of hotels’ professional, thoughtful planning teams and world-class catering, the hotels create unforgettable wedding experiences that couples will cherish for a lifetime.

Creating Romantic Masterpieces for Newlyweds and Guests

Jin Jiang Radisson Hotels offers a variety of wedding styles and venues for newlyweds and their guests, from scenic outdoor lawns and waterside spaces to indoor ballrooms, crafting special moments to celebrate romance and eternity.

CITIC Pacific Zhujiajiao Jin Jiang Hotel is located on the bank of Dadian Lake, to the north of Zhujiajiao Ancient Town, a place rich in history spanning over 1,700 years. Built on an island and surrounded by water on three sides, the hotel perfectly combines the natural charm of Jiangnan water town, bringing a serene and romantic atmosphere for weddings. The hotel features a meticulously designed 400-square-meter outdoor wedding venue, providing guests with two options: lawn wedding and waterside wedding. Against the backdrop of tranquil lakes and mountains, adorned with vibrant flowers and fresh greenery, newlyweds can begin their journey together in a breathtaking natural environment. For a more traditional celebration, Jin Jiang Grand Ballroom offers a spacious 530-square-meter venue with a capacity of 300 guests, ideal for classical and luxurious European-style weddings.

Jin Jiang Hotel Shanghai, a five-star garden-style hotel with nearly a century of history, is located on the thriving Middle Huaihai Road, becoming a go-to choice for weddings in Shanghai due to its marvelous European architecture and stunning scenery. The Jin Jiang Grand Hall spans 529 square meters with a 6.8-meter-high ceiling, offering ample space for up to 26 tables at grand wedding events. The 370-square-meter Jin Mao Chinese Restaurant creates a unique setting through its classic and elegant design, while Hua Mao Hall is perfect for small and intimate wedding ceremonies. Additionally, the hotel offers charming outdoor lawn weddings, enveloped in lush greenery and vibrant flowers, perfect for a romantic celebration.

Park Hotel on West Nanjing Road was built in 1934, once celebrated as the “tallest building in the Far East”. Famous for its historical status as the “Zero Coordinate Point of Shanghai“, the hotel has become a sought-after venue for weddings thanks to its profound cultural heritage and gorgeous elegance. It offers two distinctive wedding venues: Sky Terrace Hall on the 14th floor and Park Hall on the 9th floor. Sky Terrace Hall, featuring its original high-end teak flooring and a 10-meter-high ceiling, accommodates up to 120 guests, suitable for intimate weddings with a touch of Shanghai’s unique charm. Park Hall provides setting for medium-sized banquets. Dishes served at wedding banquets include authentic Beijing and Shanghai cuisines, combined with innovative culinary perspectives for unforgettable experiences.

With its prime location in the heart of the city and rich history, The Kunlun Jing An Shanghai has become an ideal spot for all kinds of weddings. Renowned internationally for its exceptional service and modern Chinese hospitality, the hotel features modern wedding venues and professional teams that blend luxury, romance and simplicity for new couples. The 424-square-meter Grand Ballroom can accommodate 16 to 28 tables, with a square layout and refined interiors that beautifully combine the romance of Western weddings with the elegance of modern Chinese style. Capturing the essence and traditions of an authentic Chinese wedding, Suiyuan Hall offers a perfect setting for intimate gatherings, with rich wooden interiors that can be tailored to either follow convention or create a more personalized occasion full of oriental charm. Galerie Shanghai, located on the highest floor of the hotel, covers an area of 192 square meters. Giant floor-to-ceiling windows unveil magnificent city views of Shanghai, bringing eye-catching charm to any wedding.

Jin Jiang Tower, Shanghai sits in the bustling commercial center of Huaihai Road, adjacent to fashionable landmarks such as Xintiandi and Tianzifang, as well as main attractions like People’s Square and the Bund. The hotel has become a favored venue for wedding banquets with its warm oriental hospitality and innovative modern design. Blue Heaven Revolving Restaurant on the 41st floor is a Shanghai-style restaurant opened in the 1990s and is the only restaurant with a 360-degree view with 7-meter floor-to-ceiling glass windows in Puxi. Guests can overlook the Shikumen-style traditional Shanghainese architecture, taste local delicacies, and immerse themselves in the luxurious artistic atmosphere for a truly romantic experience. The hotel has 9 multi-functional halls and conference halls, each with a different style. Magnolia Hall, covering 500 square meters and accommodating up to 250 guests, is perfect for large-scale celebrations. In addition, the outdoor terrace on the 6th floor is a rare find in the city center, providing breathtaking views and a memorable setting for weddings amidst the spring breeze and stunning cityscape.

Beauty in the Details

Every brand under Jin Jiang Radisson Hotels is dedicated to crafting unforgettable weddings with professional teams and ingenious services. From elegant venues, comprehensive facilities, to exquisite cuisine, every detail is thoughtfully considered to ensure newlyweds begin their brilliant new journey.

As an iconic hotel in Shanghai Hongqiao International CBD, Radisson Collection Hotel, Yangtze Shanghai has become a premier choice for newlyweds with its modern design and award-winning dining experience. Its superior location provides easy access to excellent wedding services and unparalleled dining at a convenient transportation hub. The hotel features 2,000 square meters of flexible conference and banquet spaces, including Yangtze Ballroom 1, which covers an area of 730 square meters and can accommodate 50 wedding banquets; Yangtze Ballroom 2 is 670 square meters and can accommodate 26 tables, both of which can be freely combined and flexibly arranged according to guests’ needs. Weddings here are not only highlighted by the hotel’s iconic design full of heritage and elegance, but also tailored to exclusive styles for newlyweds from table decorations to seasonal floral arrangements and unique inspirations. An experienced wedding planning team ensures every detail is coordinated, allowing couples to fully immerse themselves in their special day. Additionally, the hotel’s renowned Li Jin Xuan Chinese restaurant adds special charm to banquets with its classic Cantonese cuisine and innovative dishes, satisfying the diverse tastes of all guests.

Located in the center of Lin-gang Special Area adjacent to Dishui Lake, Pudong International Airport, and Shanghai Free Trade Zone, Radisson Collection Lingang Shanghai operates approximately 65,000 square meters of expansive conference space and modern facilities, making it a top choice for luxury weddings. The flagship banquet venue, Chaoyue Grand Ballroom, spans 3,000 square meters with a ceiling height of 13 meters, and can be flexibly divided into 3 independent banquet halls. Equipped with advanced lighting, audio-visual, and multimedia technology, the ballroom creates immersive wedding experiences. The dining options beautifully combine Chinese and Western influences, featuring dishes that symbolize blessings and prosperity for the couples.

Hongqiao Jin Jiang Hotel is advantageously located in the center of Shanghai Hongqiao Economic and Technological Development Zone. With its excellent banquet facilities and wedding banquet services, the hotel has become another favorite for newlyweds. The hotel’s 830-square-meter, pillarless European-style luxury banquet hall, with a 6.1-meter-high ceiling, is adorned with sparkling crystal chandeliers and elegant retro wallpapers, creating a grand and romantic atmosphere for wedding celebrations. The banquet hall can accommodate up to 1,000 guests and is equipped with a 450-square-meter ballroom foyer and a private bridal dressing room, providing a comfortable and exclusive whole-floor space for guests. A dedicated and meticulous banquet team handles every detail, while each dish is thoughtfully prepared by a professional culinary team, ensuring a truly extraordinary dining experience.

At China Wedding Expo 2025, Jin Jiang Radisson Hotels showcased its outstanding services and planning expertise for weddings. From stylish decorations to exquisite banquets, every detail is curated to perfection, creating a space where love and commitment can truly shine.

For high-res images, please visit LINK.

About Jin Jiang Radisson Hotels

Established under Jin Jiang International Group, Jin Jiang Radisson Hotels is a business structure formed by Jin Jiang International Hotel Management Co., Ltd. and Radisson Hotel Group China. Jin Jiang Radisson Hotels provides a complete hospitality solution for luxury and high-end hotels, creating outstanding value and exceptional stay experience for guests while meeting the evolving needs of tourism industry.

The portfolio of Jin Jiang Radisson Hotels comprises of 10 brands: J, Yan Garden, Kunlun, Jin Jiang, Radisson Collection, Radisson Blu, Radisson, Radisson Individuals, Park Plaza, and Golden Tulip.

Jin Jiang Radisson Hotels offers dual loyalty programs: Jin Jiang Rewards and Radisson Rewards, tailormade for domestic and international guests. Our loyalty programs are designed to deliver an elevated experience that makes Every Moment Matter, offering exclusive privileges and benefits to our valued members.

 

First Phosphate Updates on Corporate Developments, Management Appointments and Insider Stock Purchases


Saguenay, Quebec – Newsfile Corp. – February 27, 2025 – First Phosphate Corp. (CSE: PHOS) (OTCQB: FRSPF) (FSE: KD0) (“First Phosphate” or the “Company“) is pleased to announce the following corporate updates.

Bégin-Lamarche Phosphate Mine

The Company recently concluded its National Instrument 43-101 (“NI-43-101”) compliant mineral resource estimate (September 2024) and its NI 43-101 compliant Preliminary Economic Assessment (December 2024) for its Bégin-Lamarche property. The Company is in the process of completing its internal pre-feasibility analysis and is readying to launch its formal feasibility study.

Buildout capex for the mine is estimated at US $459 million. Annual mine revenues over 23 years are expected to peak at US $362 million at a 37.1% pre-tax IRR.

In December 2024, the Company announced definitive long-term agreements with creditworthy offtake partners that are not impacted by the current North American trade-tariff situation.

The Company also continues to work towards project financial participation in the Bégin-Lamarche mining project by its indigenous partner, Pekuakamiulnuatsh First Nation.

Phosphoric Acid Facility

In December 2024, the Company concluded licensing and engineering agreements for a 190,000 tonne per annum phosphoric acid facility. The internal pre-feasibility and capex study for the facility has now completed by engineering firm Ballestra S.pA. (though not NI 43-101 compliant).

Buildout capex for the facility is estimated at US $175 million. Revenues from the facility at today’s prices could total $284 million per annum using directly produced apatite concentrate from the Company’s future Bégin-Lamarche phosphate mine. Definitive offtake in place for this facility is not impacted by the current North American trade-tariff situation.

First Saguenay Iron Phosphate Plant

In September, 2024, La Baie, Quebec was chosen as the site for the Company’s First Saguenay iron phosphate facility. The feasibility study for the facility has now been fully completed by Ultion Technologies Inc. (though not NI 43-101 compliant).

Pending financing, First Saguenay is expected to start small-scale production of iron phosphate pre-cursor material in 2026 ramping up to 11,882 tonnes per annum by 2028 with yearly revenues projected at US $53 million. Funding costs for the facility are estimated at US $76 million.

Funding discussions for the facility are ongoing and proceeding as expected. The Company is also waiting for clarity on the impact of the North American trade-tariff situation before assessing its final deployment timelines and rollout plans. Building owner Logistique Proco Inc. has pledged maximum flexibility in terms of lease uptake. The Company has also located various secondary plant development locations in the United States should the North American trade-tariff situation require production facilities in multiple countries.

The Company is currently negotiating definitive supply agreements with major purchasers of LFP CAM materials in various segments of the LFP battery industry.

In November 2024, the Company signed a collaboration agreement with GKN Hoeganaes, a division of GKN Powder Metallurgy and one of the largest iron powder producers globally. GKN will be able to supply the Company with up to 400,000 tonnes of iron powder required to be able to eventually scale iron phosphate pre-cursor using large economies of scale.

GKN Hoeganaes was also successful in integrating the Company’s magnetite (a secondary recovery from its Bégin-Lamarche property) into the GKN proprietary Ancorsteel melting process. This innovative process has led to the development of a high-purity iron powder, which can serve as an input for iron phosphate pre-cursor production. Given, this development, the Company should be in a position to create iron phosphate precursor from both the phosphate and the iron material emanating from its Bégin-Lamarche property to achieve full backwards integration with the mine source.

The commencement of the industrial operations proposed by the Company, including the Bégin-Lamarche phosphate mine, phosphoric acid facility and the First Saguenay iron phosphate facility, are subject to a number of conditions, including permitting and financing which the Company continues to work towards diligently.

Management Appointments

Armand MacKenzie has been promoted to the post of President of the Company and David Dufour to the position of Senior Vice-President.

“Armand and David have proven their abilities to assume team leadership. Armand will lead discussions with our indigenous partner and indigenous financial institutions to ensure we meet our objective of having deep Indigenous financial participation in the Company. David will drive operations and community relations as we begin to enter into the next stages of planning of our feasibility study,” said John Passalacqua, CEO of First Phosphate.

Insider Stock Purchases

Company Chairman, Laurence W. Zeifman, has acquired, through a corporation controlled by him, a total of 40,000 common shares of the Company for $7,475 in the open market since January 1, 2025. Mr. Zeifman has made open market purchases of 359,500 shares for $74,390 since the Company has been publicly listed in February 2023.

Company Independent Director, Peter Nicholson, has acquired, through a corporation controlled by him, a total of 197,500 common shares of the Company for $58,945 in the open market since January 1, 2025. Mr. Nicholson has made open market purchases of 532,000 shares for $146,415 since joining as director in September 2024.

CEO, John Passalacqua, has acquired, through an entity controlled by him, a total of 811,000 common shares of the Company for $262,424.45 in the open market since January 1, 2025. Mr. Passalacqua has made open market purchases of 1,861,500 shares for $507,324 since the Company has been publicly listed in February 2023.

Company management continues to receive 80% of its compensation in the form of RSUs while the Company board of directors receives 100% of its compensation in the form of RSUs. All is done with the intent of keeping capital resources focused on the development of the Company and to have management and board more deeply involved in the ownership structure of the Company.

The Company has approved the grant of 2,658,580 restricted share units of the Company (“RSUs”) to eligible directors, management and staff of the Company as part of compensation expenses for the 6 month period commencing March 1, 2025. The RSUs vest on August 31, 2025 and shares issued under these RSUs will be subject to a hold period of four months plus one day from the date of issuance. The RSUs will be granted in accordance with and subject to the Company’s Omnibus Equity Incentive Plan.

List of Major Accomplishments of the Company in 2024

December 18, 2024: Signed Long-term Offtake Agreements and Interest from Financial Partner
https://firstphosphate.com/offtake

December 4, 2024: Announced PEA for Bégin-Lamarche Property
https://firstphosphate.com/PEA_BLM

December 2, 2024: Signed License Agreement with Global Leader in MGA Phosphoric Acid Technology
https://firstphosphate.com/PAP_license

November 20, 2024: Signed Partnership Agreement with GKN Hoeganaes for LFP Development
https://firstphosphate.com/GKN_FPC

September 18, 2024: Reported Initial Mineral Resource Estimate at Bégin-Lamarche Property
https://firstphosphate.com/MRE

September 9, 2024: Choose Facility for Deployment of Iron Phosphate Plant
https://firstphosphate.com/FirstSaguenay

July 25, 2024: Completion of 25,000 m drill campaign at the Bégin-Lamarche Property
https://firstphosphate.com/25000-m-drill-campaign

May 8, 2024: LOI announced for Rapidwall Housing Manufacturing Plant to Recycle Gypsum
https://firstphosphate.com/RapidWall_FPC

April 17, 2024: Gary Stanley, former U.S. Department of Commerce, Joins the Advisory Board
https://firstphosphate.com/GaryStanley

April 9, 2024: Collaboration Agreement announced with Pekuakamiulnuatsh First Nation
https://firstphosphate.com/pekuakamiulnuatsh

March 13, 2024: MOU signed with Groupe Goyette for Logistics at the Hebertville-Station Intermodal Facility
https://firstphosphate.com/groupe-goyette

March 4, 2024: Mining Research and Innovation Grant received from Quebec Ministry of Natural Resources
https://firstphosphate.com/MNRF

February 28, 2024: MOU signed with Craler for the Development of Global Logistical Competencies
https://firstphosphate.com/craler

February 22, 2024: Received Letter of Support from Mario Simard, Canadian Parliamentary Deputy for the Riding of Jonquière, Québec
https://firstphosphate.com/MarioSimard

February 15, 2024: Joint Development Agreement signed with Integrals Power to Produce Environmentally Compliant Battery Grade Iron III Phosphate Precursor
https://firstphosphate.com/ipl_jda

February 13, 2024: Completed Pilot Production of LFP Battery-Grade Purified Phosphoric Acid
https://firstphosphate.com/phos_acid

January 22, 2024: Closed Oversubscribed Private Placement Financing for Total Proceeds of $8.2 Million
https://firstphosphate.com/privateplacement

Qualified Person

The scientific and technical disclosure for First Phosphate included in this news release has been reviewed and approved by Gilles Laverdière, P.Geo. Mr. Laverdière is Chief Geologist for the Company and a Qualified Person under National Instrument 43-101 – Standards of Disclosure of Mineral Projects (“NI 43-101”).

About First Phosphate Corp.

First Phosphate (CSE: PHOS) (OTCQB: FRSPF) (FSE: KD0) is a mineral development company fully dedicated to extracting and purifying phosphate for the production of cathode active material for the Lithium Iron Phosphate (“LFP”) battery industry. First Phosphate is committed to producing at high purity level, in a responsible manner and with low anticipated carbon footprint. First Phosphate plans to vertically integrate from mine source directly into the supply chains of major North American LFP battery producers that require battery grade LFP cathode active material emanating from a consistent and secure supply source. First Phosphate is owner and developer of the Bégin-Lamarche Property in Saguenay-Lac-St-Jean, Quebec, Canada that consists of rare anorthosite igneous phosphate rock that generally yields high purity phosphate material devoid of harmful concentrations of deleterious elements.

For additional information, please contact:

Bennett Kurtz
Chief Financial Officer
bennett@firstphosphate.com
Tel: +1 (416) 200-0657

Investor Relations: investor@firstphosphate.com
Media Relations: media@firstphosphate.com
Website: www.FirstPhosphate.com

Follow First Phosphate:

Twitter: https://twitter.com/FirstPhosphate
LinkedIn: https://www.linkedin.com/company/first-phosphate

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Forward-Looking Information and Cautionary Statements

This news release contains certain statements and information that may be considered “forward-looking statements” and “forward looking information” within the meaning of applicable securities laws. In some cases, but not necessarily in all cases, forward-looking statements and forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “targets”, “expects” or “does not expect”, “is expected”, “an opportunity exists”, “is positioned”, “estimates”, “intends”, “assumes”, “anticipates” or “does not anticipate” or “believes”, or variations of such words and phrases or statements that certain actions, events or results “may”, “could”, “would”, “might”, “will” or “will be taken”, “occur” or “be achieved” and other similar expressions. In addition, statements in this news release that are not historical facts are forward looking statements, including, among other things,: the Company’s planned exploration and production activities; the properties and composition of any extracted phosphate; the Company’s plans for vertical integration into North American supply chains; the Company’s future plans relating to the design, build, operation and maintenance of the Bégin-Lamarche Phosphate Mine (and the the possibility of eventual economic extraction of minerals from the therefrom), Phosphoric Acid Facility, and the First Saguenay Iron Phosphate Plant; the projected economics of the projects, including buildout capex, annual mine revenues, life of the mine, the internal rate of return; and annual production; the timing and entering into of its detailed engineering studies for the Phosphoric Acid Facility, timing of the internal pre-feasibility analysis and formal feasibility study, and projected needs and availability of financing; possible future financial involvement of Pekuakamiulnuatsh First Nation; the entering into of definitive offtake agreements and definitive supply agreements with major purchasers of LFP CAM materials; the supply of iron powder the future integration of operations between the Company and GKN Hoeganaes the scaling of GKN Hoeganaes facilities, the future supply of iron powder, and the creation of iron phosphate precursor from both the phosphate and the iron material emanating from its own property for a full vertical integration.

These statements and other forward-looking information are based on assumptions and estimates that the Company believes are appropriate and reasonable in the circumstances, which may prove to be incorrect, include, but are not limited to, the various assumptions set forth herein and in the Company’s public disclosure record including the short form base prospectus dated June 5, 2024, as well as: there being no significant disruptions affecting the activities of the Company or inability to access required project inputs; permitting and development of the projects being consistent with the Company’s expectations; the accuracy of the current mineral resource estimates for the Company and results of metallurgical testing; certain price assumptions for P2O5 and Fe2O3; inflation and prices for Company project inputs being approximately consistent with anticipated levels; the Company’s relationship with Pekuakamiulnuatsh Takuhikan First Nation and other Indigenous parties remaining consistent with the Company’s expectations; the Company’s relationship with other third party partners and suppliers remaining consistent with the Company’s expectations; and government relations and actions being consistent with Company expectations.

There can be no assurance that such statements will prove to be accurate, and actual results and future events could differ materially from those anticipated in such statements. There can be no assurance that any opportunity will be successful, commercially viable, completed on time or on budget, or will generate any meaningful revenues, savings or earnings, as the case may be, for the Company. In addition, the Company will incur costs in pursuing any particular opportunity, which may be significant. These factors and assumptions are not intended to represent a complete list of the factors and assumptions that could affect the Company and, though they should be considered carefully, should be considered in conjunction with the risk factors described in the Company’s other documents filed with the Canadian and United States securities authorities, including without limitation the “Risk Factors” section of the Company’s Management Discussion and Analysis dated January 29, 2025 and Annual Report on 20-F dated July 8, 2024, which are available on SEDAR at www.sedarplus.ca. Although the Company has attempted to identify factors that would cause actual actions, events or results to differ materially from those disclosed in the forward-looking information or information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

Certain forward-looking statements in this press release may also constitute a “financial outlook” within the meaning of applicable securities laws. A financial outlook involves statements about the Company’s prospective financial performance, financial position or cash flows and is based on and subject to the assumptions about future economic conditions and courses of action and the risk factors in relation to such financial outlook noted in this press release. Such assumptions are based on management’s assessment of the relevant information currently available, and any financial outlook included in this press release is provided for the purpose of helping readers understand the Company’s current expectations and plans for the future. Readers are cautioned that reliance on any financial outlook may not be appropriate for other purposes or in other circumstances and that the risk factors described above, or any other factors may cause actual results to differ materially from any financial outlook. The actual results of the Company’s operations will likely vary from the amounts set forth in any financial outlook and such variances may be material.

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

About First Phosphate Corp.