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Brandwatch Expands TikTok Partnership with Powerful New Integration

TikTok Mentions API unlocks powerful insights and smarter brand management on one of the world’s most influential entertainment platforms.  

CHICAGO, March 3, 2025 /PRNewswire/ — Brandwatch, the leading social media management and consumer intelligence suite, is excited to announce the integration of Brandwatch Consumer Intelligence with the TikTok Mentions API, further strengthening its partnership with one of the world’s fastest-growing digital platforms. With this new integration, Brandwatch becomes one of the first platforms to provide powerful insights into TikTok conversations, empowering marketers to manage their presence, track brand mentions, and optimize campaigns with AI-powered intelligence. 

A New Era of TikTok Brand Management
As an official TikTok Marketing Partner, Brandwatch provides brands with valuable insights from a platform with over 170 million active monthly users. The Mentions API delivers data on posts and comments that specifically @mention a brand handle and are gaining traction, enabling marketers to:

  • Monitor and analyze brand mentions using TikTok insights.
  • Uncover key trends shaping the TikTok landscape.
  • Enhance campaign strategies with AI-powered tools, such as Iris trend detection and AI-powered sentiment analysis. 
  • Engage with communities more effectively on one of the world’s most dynamic platforms. 

A Trusted TikTok Partner  
Since 2022, Brandwatch has been a trusted TikTok Marketing Partner, delivering compliant and reliable access to TikTok insights and tools. By playing a pivotal role in beta testing and refining the Mentions API, Brandwatch ensures brands have access to the most valuable and actionable insights, all while maintaining TikTok’s strict compliance standards.

Generative AI Powered Insights for Faster, Smarter Decisions    
Brandwatch leverages cutting-edge AI tools, including Iris peak detection and AI-driven conversation summaries, to transform TikTok data into actionable intelligence. This means brands can quickly identify trending moments, measure campaign impact, and react quickly to fast moving cultural moments. 

We’re incredibly excited to launch our new integration with TikTok’s Mentions API,” says Channing Ferrer, Global President of Brandwatch. “TikTok is an unparalleled source of inspiration and insight for brands and marketers, offering a dynamic space where creativity, culture, and commerce collide. This partnership allows brands to tap into TikTok conversations, unlocking unmatched opportunities for brand management and community engagement. With Brandwatch’s AI-powered TikTok insights marketers can analyze data efficiently, make informed decisions, and supercharge their TikTok strategy.” 

Discover how Brandwatch’s TikTok integration delivers powerful insights here

About Brandwatch  
Brandwatch is the leading social media management and consumer intelligence suite, empowering brands to see and be seen, understand and be understood by the audiences that matter most. Trusted by half of the Forbes 100, Brandwatch equips the world’s most innovative companies with AI-powered insights and tools to seize opportunities, strengthen engagement, and accelerate growth. 

Our comprehensive suite spans consumer intelligence, influencer marketing, and award-winning social media management, enabling brands and agencies to execute data-driven strategies at scale.

Brandwatch is part of the Cision family of brands, alongside CisionOne and PR Newswire.

Contact Information
For media inquiries, please contact:
Cision Public Relations: CisionPR@cision.com

 

HONOR Underscores Commitment to Open Collaboration at MWC Barcelona 2025

In two engaging discussions, HONOR sheds light on the envisioned future that the HONOR ALPHA PLAN will achieve

BARCELONA, Spain, March 3, 2025 /PRNewswire/ — At MWC Barcelona 2025, global technology brand HONOR participated in two insightful discussions, the Connect X Fireside Chat and the AI+ panel discussion, joining representatives from industry leading partners to share insights into the connected intelligent future.

Among the numerous topics HONOR and its partners discussed, the common theme was clear: The need for open collaboration to address the challenges and opportunities brought by AI technology is greater than ever before. This is echoed by the recently unveiled HONOR ALPHA PLAN. In executing the new corporate strategy, HONOR will work together with partners to maximize human potential to embrace an intelligent world.

“As we move into the physical AI era, we need to open our industry boundaries and co-create a new paradigm for the AI ecosystem. This can be done by opening the industry’s AI capabilities to provide a platform for a wider range of devices, enabling seamless collaboration across different operating systems, and building a value-sharing ecosystem,” said James Li, CEO of HONOR during the keynote announcing the HONOR ALPHA PLAN. This is why all of us need to work together to maximize human potential to embrace an intelligent world.”

James Li, CEO of HONOR
James Li, CEO of HONOR

Building Intelligent Ecosystems Beyond Raw Connectivity

During the fireside chat, the central theme of the discussion was the evolution beyond raw connectivity to create intelligent ecosystems that proactively address user needs. HONOR shared a vision where technology anticipates and simplifies daily tasks, sharing examples such as smartphones seamlessly connecting to vehicles and homes, and wearables providing personalized health insights. This vision is brought to life through the HONOR ALPHA PLAN, underscoring the company’s commitment to delivering innovations with human-centric design that combine cutting-edge technology, transforming productivity, society, and culture like never before.

Driving AI Connectivity and Innovation Through Collaboration

The fireside chat also highlighted the critical role of industry collaboration in driving innovation and ensuring interoperability. Recognizing the need for collaboration in standards setting, HONOR has consistently promoted open collaboration with key industry leaders to develop unified AI connectivity standards and solutions.

As AI technology evolves, ushering in the physical AI era and beyond, a united effort to co-create an open, intelligent ecosystem will become increasingly important as more industry players navigate the complexities of the evolving technological landscape.

Maintaining a Strong Emphasis on On-device Technology

At the AI+ panel discussion, HONOR shared insights into the balance between on-device and cloud-based AI, reiterating the importance of clearly distinguishing the roles. Using the world’s first GUI-based mobile AI agent, the all-ecosystem exchange technology and AiMAGE as examples – all featured at the recent HONOR keynote address – HONOR provided tangible evidence of how it has been prioritizing user privacy with on-device processes, while smartly leveraging the cloud for its vast computing resources without compromising on data security.

HONOR’s stance on prioritizing user privacy was further reinforced with the recently published Privacy Protection White Paper, which was referenced during the panel discussion. The white paper details five principles that the company will adhere to as it protects user data: data minimization; sensitive data on-device protection; on-device processing first; data desensitization and encryption before uploading to cloud; and data deletion after use.

HONOR also reiterated the importance of opening up boundaries for the intelligent future, calling on industry partners to unite together. The company will remain steadfast in executing the HONOR ALPHA PLAN, working together with industry partners in open collaboration.

Meizu Launch Overseas Flyme AI Ecosystem Strategy

BARCELONA, Spain, March 3, 2025 /PRNewswire/ — At MWC 2025, technology companies all over the world showcased their latest technological achievements and innovative products. With the theme of “AI Illuminates a Better Life”, Meizu presented its full AI ecosystem products at MWC 2025. The debut of these products marked the exposure of Meizu’s overseas product matrix.


Meizu’s full AI ecosystem products made their debut, and AI became the biggest highlight at MWC

The most popular keyword at MWC 2025 was AI. AI became the biggest highlight at MWC this year in many ways, such as the deep integration of AI with hardware, semiconductors, and mobile communications, the applications of AI in terminals, and the development from technological innovation to industry innovation and ecological innovation.

Meizu is back to the global market with “3 Firsts in China

At the exhibition, the Mblu22 series and Note22 series in Meizu’s overseas new product matrix were exposed for the first time. Also using the Flyme system, these overseas versions of smartphones are expected to be released in April this year and are planned to be sold in Asia Pacific, Latin America, the Middle East, Central Asia, Europe, and other countries and regions. The well-known Meizu 21, Meizu 21 PRO, Lucky08, and other product series were also displayed in the exhibition area.

Leading the industry in the layout of All in AI, the first in the industry to access DeepSeek AI capabilities

Just last month, Flyme AIOS officially completed the integration of the DeepSeek-R1 large model, and the Meizu 21 series and Lucky 08 were the first to be supported. StarV smart glasses and other AI ecosystem products were also supported one after another.

PANDAER, Meizu’s trendy technology brand, also brought a variety of trendy products to the exhibition. Their product design of trendy IP combined with technology won praise from many overseas audiences.


StarV Air2 is the No.1 seller in the Q1 after launching

StarV Air2 smart glasses were the most eye-catching technology products in the venue due to their simultaneous interpretation, simultaneous transcription, and teleprompter functions, attracting users on site to try them. At present, the StarV series products have entered the first echelon of smart glasses in the world. StarV Air2 smart glasses have achieved a market share of 41.5% in the first quarter after being launched, ranking first in sales.


As smart glasses supported by AI models launched in cooperation with China Mobile and China Unicom, StarV series products were exhibited at the booths of China Mobile and China Unicom.

Flyme Auto is No.1 in Adding New Consumers, Synchronizes with Geely to Go Overseas

Flyme Auto is currently the smoothest and fastest-growing smart cockpit operating system, and has been ranking first in the number of new users for four consecutive months. In January 2025, more than 132,000 car models supported by Flyme Auto were sold in a single month, ranking first. At present, Flyme Auto has been accessed by 22 car models of Geely, LYNK & CO, Galaxy, and other brands. It is one of the smart cockpit operating systems supporting the largest number of car models on the market, and serves more than 500,000 car owners around the world by bringing them a new cross-terminal third-place smart experience.

The development from technological innovation to AI ecosystem innovation and the seamless connection of multi-terminal and full-scenario AI were the achievements presented by Meizu at this MWC. After experiencing Meizu’s AI ecosystem products, the media and audiences on site also frequently praised Meizu’s integrated AI ecosystem experience.

Meizu’s globalization strategy has accelerated, with AI enhancing its global competitiveness

Since its launch in 2024, Meizu’s globalization strategy has made significant progress. Meizu has joined hands with Geely to hold launch events in Indonesia, Sri Lanka, Jakarta, the Philippines, and other countries and regions. Meizu’s technology products have been sold in more than 30 countries and regions in Asia Pacific, Latin America, the Middle East, Central Asia, and Europe, and cars equipped with Flyme Auto have been exported to the Middle East, Eastern Europe, Asia-Pacific and other regions. Meizu’s overseas ecosystem with a true integration of people, cars, and homes has gained a certain scale.

Globalization and All in AI Meizu’s core strategies. In 2025, Meizu will begin to accelerate its expansion into overseas markets, increase investment in overseas markets, and launch more products and services that meet the needs of local consumers to enhance its global competitiveness. At the same time, with Flyme AIOS as the base, Meizu will build a global smart travel technology ecosystem based on the three core areas of smartphones, smart glasses, and smart car scenarios.

Worth mentioning is that Meizu is the smartphone brand of DreamSmart Group, which carries AI eco-products in three product areas, which are smartphones, XR and smart cars. With deep technological expertise in multiple industries, DreamSmart is recognized as a leader in smart ecosystems.


At MWC 2025, Meizu showcased the latest achievements in China’s science and technology to the world, attracting high attention and extensive recognition from overseas users and media. In the future, Meizu will continue to pursue technological innovation to provide global consumers with more excellent products beyond imagination.

Gorilla Technology Secures Landmark $1.8 Billion Agreement to Drive Thailand’s Largest Smart Grid and AI-Powered Energy Transformation


BANGKOK, THAILAND – Newsfile Corp. – 3 March 2025 – Gorilla Technology Group (NASDAQ: GRRR) has signed a historic $1.8 billion agreement to lead Thailand’s largest-ever energy digitisation and infrastructure transformation initiative. Over the next 15 years, this nationwide AI-driven programme will reshape the country’s electricity ecosystem, modernising power distribution, enhancing security and optimising energy efficiency at an unprecedented scale.

This is not a conventional infrastructure project. Instead, Gorilla has structured an innovative financing model that allows for long-term, sustainable funding, ensuring the transformation is executed at scale while unlocking long-term financial benefits for all stakeholders.

A Defining Moment for Thailand’s Energy Future

As Thailand embarks on a nationwide energy transformation, this initiative will set a new global benchmark for AI-driven modernisation. Under Gorilla’s leadership, the programme will integrate advanced technology, automation and data-driven intelligence to create a smarter, more resilient energy ecosystem.

  • Enhancing energy infrastructure with AI-powered intelligence and automation, improving efficiency and long-term sustainability.
  • Modernising and securing critical assets, leveraging advanced monitoring, remote management and predictive capabilities.
  • Empowering millions of consumers with greater visibility, control and efficiency in energy usage through next-generation solutions.

With groundwork beginning this year, the initiative is designed to scale progressively, with financial impact projected to accelerate from 2026-2027 as full implementation reaches operational maturity.

Gorilla’s Leadership: AI, Cybersecurity and a Revolutionary Funding Model

Unlike traditional infrastructure projects that rely on milestone-based payments, this strategic energy transformation is built on a forward-thinking, long-term financial model. Gorilla’s expertise in AI, cybersecurity, automation and financial structuring ensures this initiative is not only executed at scale but also funded and monetised in a way that drives lasting value.

  • AI-Powered Smart Grid Intelligence: Gorilla’s AI-driven grid management and predictive analytics will optimise energy flows, reduce inefficiencies and enhance response times, ensuring a resilient, self-correcting power network.
  • Enterprise-grade Cybersecurity: As Thailand’s power grid becomes increasingly digitised, Gorilla’s AI-based cybersecurity protocols will secure the system against cyber threats, with real-time threat monitoring, encrypted communications and proactive anomaly detection.
  • Innovative Financial Structuring & Sustainable Monetisation:
    • A performance-linked financial model ensures that revenue generation is tied to efficiency improvements and long-term grid optimisation.
    • Funding is structured over a 15-year lifecycle, aligning investment with tangible, measurable benefits rather than traditional upfront capital expenditure.
    • This structure allows for scalable revenue growth, ensuring financial sustainability for Gorilla while delivering long-term value for Thailand’s energy ecosystem.

Projected Revenue Growth Over 15 Years

Given the scale and complexity of the programme, revenues are expected to scale progressively, with a major ramp-up from 2026-2027 as full operations begin. Over the 15-year lifecycle, the initiative is expected to generate multi-billion-dollar cumulative revenue, providing strong, sustained growth for Gorilla.

  • Groundwork and deployment begin in 2025, setting the foundation for revenue generation.
  • First major revenue impact expected between 2026-2027, as AI-driven infrastructure and smart grid technology reach operational capacity.
  • Long-term revenue stream established over 15 years, ensuring Gorilla benefits from ongoing efficiencies and AI-driven optimisation rather than relying on one-time payments.

Mike Wang, Sales Director, Thailand and Rest of Asia, commented, “This is not just an infrastructure upgrade – it is a radical shift in how energy is managed. By integrating AI, automation, and cybersecurity into Thailand’s energy infrastructure, this initiative aligns with the national goal of building a resilient, technology-driven economy.”

“This 15-year transformation programme ensures that Thailand’s power grid remains future-proof, secure, and financially sustainable and Gorilla is at the centre of making it happen.”

Viraphan Paiboolsilp, Technology Specialist, added, “This agreement represents a defining moment for Gorilla Technology and for Thailand’s energy sector. By combining our expertise in AI and advanced analytics with the country’s vision for the future, we are embarking on a transformative journey that will reshape how energy is distributed and consumed across the nation. This 15-year initiative is more than a series of projects – it is a commitment to innovation, sustainability, and excellence. Together, we aim to set a benchmark for energy modernisation not just in Thailand but across the region.”

Investor Relations Contact:

Dave Gentry
RedChip Companies, Inc.
1-407-644-4256
GRRR@redchip.com

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

About Gorilla Technology Group Inc.

Headquartered in London U.K., Gorilla is a global solution provider in Security Intelligence, Network Intelligence, Business Intelligence and IoT technology. We provide a wide range of solutions, including, Smart City, Network, Video, Security Convergence and IoT, across select verticals of Government & Public Services, Manufacturing, Telecom, Retail, Transportation & Logistics, Healthcare and Education, by using AI and Deep Learning Technologies.

Our expertise lies in revolutionizing urban operations, bolstering security and enhancing resilience. We deliver pioneering products that harness the power of AI in intelligent video surveillance, facial recognition, license plate recognition, edge computing, post-event analytics and advanced cybersecurity technologies. By integrating these AI-driven technologies, we empower Smart Cities to enhance efficiency, safety and cybersecurity measures, ultimately improving the quality of life for residents.

For more information, please visit our website: .

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995. Gorilla’s actual results may differ from its expectations, estimates and projections and consequently, you should not rely on these forward-looking statements as predictions of future events. Words such as “expect,” “estimate,” “project,” “budget,” “forecast,” “anticipate,” “intend,” “plan,” “may,” “will,” “could,” “should,” “believes,” “predicts,” “potential,” “might” and “continues,” and similar expressions are intended to identify such forward-looking statements. These forward-looking statements include, without limitation, statements regarding our beliefs about our ability to execute definitive agreements related to this smart education project, attract the attention of customers and win additional projects, along with those other risks described under the heading “Risk Factors” in the Form 20-F Gorilla filed with the Securities and Exchange Commission (the “SEC”) on May 15, 2024 and those that are included in any of Gorilla’s future filings with the SEC. These forward-looking statements involve significant risks and uncertainties that could cause actual results to differ materially from expected results. Most of these factors are outside of the control of Gorilla and are difficult to predict. Should one or more of these risks or uncertainties materialize, or should underlying assumptions prove incorrect, actual results may vary materially from those indicated or anticipated by such forward-looking statements. Readers are cautioned not to place undue reliance upon any forward-looking statements, which speak only as of the date made. Gorilla undertakes no obligation to update forward-looking statements to reflect events or circumstances after the date they were made except as required by law or applicable regulation.

Paeonia Industries Announces Acquisition of the Savant Group of companies

MIDLAND, Mich., March 3, 2025 /PRNewswire/ — Paeonia Industries, a premier global firm with deep roots in analytical equipment manufacturing for energy testing, as well as the distribution of scientific testing instrumentation, announces the acquisition of the Savant Group, a Michigan-based consortium of established companies.

Founded in 1969, the Savant Group began as a consulting firm specializing in advanced lubrication technology for the automotive and oil industries. Over the years, it has evolved into a comprehensive group of companies consisting of Savant Labs, Tannas Co, King Refrigeration, Institute of Materials, and the Center for Quality Assurance, providing innovative products and services to equipment manufacturers and the global lubricant industry. Today, with its headquarters located in Midland, Michigan, the Savant Group stands as a testament to decades of dedication and hard work, serving a diverse clientele with cutting-edge solutions that improve equipment performance, longevity, and energy efficiency.

Paeonia Industries enjoys a strong and diverse operational footprint extending across North America, Western Europe, and Asia. Among the notable companies within Paeonia Industries is CFR Engines Inc, (CFR). Located in Pewaukee, Wisconsin, CFR is recognized as the market leader for laboratory fuel testing, with its proprietary internal combustion testing technology tracing back to 1929.  Paeonia Industries is the operating platform of industrial manufacturing assets of the Paeonia Group, a private investment holding company headquartered in Singapore.

The Savant Group of companies have experienced significant growth in business and, with the support of Paeonia Industries, will be able to further strengthen capabilities going forward. This acquisition strategically positions the Savant Group for a more robust future by enabling it to harness the global resources, expertise, and market presence of Paeonia Industries.

This acquisition is also in line with Paeonia Industries mission to build high-quality businesses and enhance the customer experience by delivering exceptional value in its product and service offerings to support customers across the globe. With the addition of the Savant Group’s capabilities, Paeonia Industries aims to deliver an unparalleled range of solutions that address the most complex challenges for its customers in the energy and lubrication sectors.

“We are excited to welcome the Savant Group as part of the Paeonia Industries family,” said Tedd Zebrowski, Regional President, North America at Paeonia Industries. “This acquisition is in perfect alignment with our long-term strategic vision to expand the breadth of our offerings and deliver comprehensive solutions to our clients. By integrating the extensive expertise, industry knowledge, and deep market access that the Savant Group has cultivated over its 55-year history, with the robust internal capabilities of Paeonia Industries, we will be well-positioned to enhance our customers’ experience. This collaborative effort will enable us to effectively address the evolving needs of our combined customer base, fostering an environment where innovation can flourish as we strive to provide market leading solutions for our customers. Together, we will not only meet but exceed the expectations of our clients, ensuring that we remain at the forefront of our industry in delivering exceptional value and service.”

“I’m proud of the growth and evolution of our Savant Group businesses over the last 55 years”, said Rebecca Cox, President and CEO of the Savant Group. “To keep that momentum going, teaming up with a strong organization like Paeonia Industries will ensure even greater success in supporting the industries we serve. This strategic partnership offers perfect synergy with our vision for driving innovation, enhancing our services, and exploring new growth opportunities together.”

Facilitating a seamless transition for the Savant Group companies, customers, and employees is of paramount importance for Paeonia Industries. Following the completion of the acquisition, the Savant Group of companies will remain in Midland, Michigan and continue to operate under its established family of brands, while simultaneously benefiting from the extensive resources and support offered by Paeonia Industries. This collaborative approach ensures operational continuity while integrating the strengths of both organizations.

For more information on each organization:
The Savant Group, visit https://www.savantgroup.com
The Paeonia Group, visit https://www.paeonia.com.sg

Visionary Enters the New Energy Vehicle Field with Eyes on the Global Market

TORONTO, March 3, 2025 /PRNewswire/ — Recently, Visionary Holdings Inc. (hereinafter referred to as “Visionary”, NASDAQ stock code: GV), a technology enterprise listed on the NASDAQ Capital Market, announced that after years of research and development, PEGASUS New Energy Vehicles under Visionary were officially launched in 2025. The company aims to create “PEGASUS”, the No. 1 brand in the automotive industry ecosystem of an independently developed brand in Canada, which has attracted great attention from the capital market.

Against the backdrop of increasingly strict environmental protection regulations and tightening carbon emission indicators, the global new energy vehicle market is showing a trend of rapid growth. In 2023, the sales volume of new energy passenger vehicles in Europe soared, with the annual growth rate far exceeding expectations; the sales volume of new energy vehicles in the United States also reached a new high, indicating huge market potential. Visionary has keenly captured this market opportunity. With its strong technical accumulation and powerful global resource integration capabilities, it has entered the market with great momentum and is expected to stand out in the highly competitive new energy vehicle market.

It is understood that Visionary will adopt a cross-ocean collaborative industrial model. It will achieve localization of vehicle model research and development, design, assembly production, sales, and after-sales service in Canada. At the same time, it will make full use of the advantages of the global automotive parts industry, especially the automotive parts industry in China, and entrust global partner factories to process the production of automotive parts. This model can not only reduce production costs but also improve production efficiency, giving the enterprise an edge in market competition.

In terms of product planning, Visionary will initially launch two core vehicle models: one is a compact intelligent electric sedan targeting young urban commuters, with a cruising range of 400-500 kilometers, equipped with an intelligent interactive cockpit and advanced automatic driving assistance functions; the other is a medium-sized luxury electric SUV that meets the needs of family travel and business reception, with a cruising range of 500-600 kilometers, boasting a luxurious and comfortable driving space and high-end configurations. In the later stage, pickup trucks, heavy-duty truck logistics models, and urban special-purpose vehicle models will be successively launched. In addition, Visionary will cooperate with global leading battery suppliers and introduce high-energy-density solid-state battery technology, achieving the excellent performance of charging from 10% to 80% in just 10 minutes, bringing consumers a better user experience.

In order to enhance brand awareness and market share, Visionary has formulated a comprehensive marketing strategy. It will actively participate in top auto shows in Europe and the United States, plan to invite international superstars as brand ambassadors, and conduct word-of-mouth promotion through social media and automotive forums. At the same time, it will set up brand direct sales experience stores and after-sales service centers in core cities around the world, cooperate with local large-scale dealer groups, and build an official online store and flagship stores on e-commerce platforms to achieve integrated online and offline development.

In terms of production and operation, Visionary will rely on the mature global automotive parts industry clusters, entrust top global factories for processing, and cultivate local suppliers in Canada. The localization rate of automotive parts will reach more than 40%. In particular, it will maintain core local research and development advantages in the three-electric system and intelligent driving system of new energy vehicles to reduce supply risks. During the production process, it will fully adopt the Industry 4.0 flexible production line, with an automation rate of up to 85%, ensuring efficient and accurate production capacity output. Visionary will also strictly follow the quality standards of the automotive industry in Europe and the United States and establish a complete quality control system to ensure the reliability and durability of its products.

The financial plan shows that Visionary has made a reasonable capital layout in aspects such as factory construction, equipment procurement, technology research and development, and market promotion, and has made an optimistic outlook on future earnings. In the first year after the project is put into production, the production capacity is expected to reach 100,000 vehicles, and the sales revenue is expected to reach 4 billion US dollars. The subsequent annual sales growth rate is expected to exceed 30%. In the fifth year, it is expected to achieve a revenue of 15 billion US dollars, a net profit of about 1.5-2 billion US dollars, a net profit margin of 10%-15%, an internal rate of return of over 20%, and an investment payback period of about 3-4 years.

Facing risks such as technological iteration and market fluctuations, Visionary said that it will increase investment in research and development, cooperate with universities and scientific research institutions to maintain a leading position in technology; at the same time, it will establish a market dynamic monitoring mechanism, flexibly adjust production plans and marketing strategies, and use financial instruments to lock in raw material costs to ensure the stable development of the enterprise.

Analysts believe that Visionary’s active layout in the new energy vehicle field not only conforms to the development trend of the industry but also will bring new performance growth points to Visionary. With the gradual progress of the project, it is expected to increase Visionary’s market valuation and bring generous returns to investors. The launch of Visionary’s “PEGASUS” new energy vehicle project undoubtedly injects new vitality into the global new energy mobility field and is worthy of market expectation.

For more information, please contact:

Visionary Holdings Inc.
Investor Relations Department
Email: ir@farvision.ca

Addentax Group Corp. Regains Compliance with Nasdaq’s Minimum Bid Price Requirement

SHENZHEN, China, March 3, 2025 /PRNewswire/ — Addentax Group Corp. (“Addentax” or the “Company”) (Nasdaq: ATXG) announced that it has regained compliance with the Nasdaq Listing Rule 5450(a)(1).

On April 24, 2024, the Company was notified by Nasdaq that its common stock had failed to maintain a minimum bid price of $1.00 over the previous 30 consecutive business days, as required by Nasdaq Listing Rules. However, Nasdaq has now confirmed that for the 10 consecutive business days from February 7 through February 21, 2025, the closing bid price of the Company’s common stock has been at or above $1.00 per share. As a result, the Company has regained compliance, and this matter is now closed.

About Addentax Group Corp.

Addentax Group Corp. is an integrated service provider specializing in garment manufacturing, logistics services, and property management and subleasing. For more information about the Company, please visit the website: https://www.addentax.com/.

Caution Concerning Forward Looking Statements

All statements other than statements of historical fact in this announcement are forward-looking statements in nature within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Words or phrases such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to” or other similar expressions are intended to identify such forward-looking statements. The Company undertakes no obligation to update 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 consider risk factors, including those described in the Company’s filings with the SEC, that may affect the Company’s future results. All forward-looking statements attributable to the Company and its subsidiaries or persons acting on their behalf are expressly qualified in their entirety by these risk factors. The forward-looking events discussed in this press release and other statements made from time to time by us or our representatives, may not occur, and actual events and results may differ materially and are subject to risks, uncertainties, and assumptions about us. These forward-looking statements are based on information currently available to Addentax and its current plans or expectations and are subject to a number of known and unknown uncertainties, risks and other important factors that may cause our actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. These and other important factors are described in detail in the “Risk Factors” section of Addentax’s Annual Report on Form 10-K for the year ended March 31, 2023. Although we believe the expectations reflected in such forward-looking statements are reasonable, we can give no assurance that such expectations will prove to be correct. We are not obligated to publicly update or revise any forward-looking statement, whether as a result of uncertainties and assumptions, the forward-looking events discussed in this press release and other statements made from time to time by us or our representatives might not occur.

Company Contact:

Public Relations Contact:
Addentax Group Corp. Corp.
Phone: + (86) 755 86961 405
xinyee.lee@zgyingxi.com

Investor Relations Contact:

Sherry Zheng
WAVECREST GROUP INC.
1-718-213-7386

SunCar Partners with Visa to Empower ICBC Cardholder Benefits in China’s Affluent Consumer Market

NEW YORK, March 3, 2025 /PRNewswire/ — SunCar Technology Group Inc. (“SunCar” or the “Company”) (NASDAQ: SDA), an innovative leader in auto e-insurance and cloud-based B2B auto services in China, today announced its selection as the exclusive provider for the Visa Concierge Car Service Project, establishing a pivotal partnership with global payments leader Visa. This strategic alliance positions SunCar to deliver premium airport and high-speed rail transfer services to Industrial and Commercial Bank of China’s (ICBC) high-net-worth cardholders nationwide, opening significant new revenue channels in China’s lucrative premium services market.

This partnership represents a substantial expansion of SunCar’s addressable market, providing direct access to ICBC’s coveted Platinum and Black Gold cardholders—an elite customer segment with individual assets exceeding $1.1 million and credit card spending limits above $275,000.

“Securing this partnership with Visa, following their rigorous vendor evaluation process, validates our technology platform’s superiority and service excellence,” said Ye Zaichang, CEO of SunCar. “This high-profile collaboration enhances our market position with minimal additional capital expenditure, accelerating our path to increased shareholder value.”

The exclusive partnership leverages SunCar’s established nationwide service network and proprietary cloud-based technology platform, allowing for rapid scaling with limited incremental costs. The company’s advanced AI-powered dispatch system ensures optimal resource allocation, maintaining premium service levels while maximizing operational efficiency across China’s first-tier and emerging city markets.

China’s premium services market continues to expand alongside the country’s growing high-net-worth population, presenting substantial growth opportunities for well-positioned service providers.

About SunCar Technology Group Inc.

Founded in 2007, SunCar is transforming the customer journey for auto services and auto insurance in China, the largest passenger vehicle market in the world. SunCar develops and operates cloud-based platforms that seamlessly connect drivers with a wide range of auto services and insurance coverage options through a nationwide network of sales partners. As a result, SunCar has established itself as the leader in China in the B2B auto services market and the auto eInsurance market for electric vehicles. The Company’s intelligent cloud platform empowers its enterprise clients to access and manage their customer database and offerings optimally, and drivers gain access to hundreds of services from tens of thousands of independent providers in a single application. For more information, please visit: https://suncartech.com

Forward-Looking Statements

This press release contains information about the Company’s view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. The Company encourages you to review other factors that may affect its future results in the Company’s annual reports and in its other filings with the Securities and Exchange Commission.

Contact Information:

SunCar:
Investor Relations: Ms. Hui Jiang
Email: IR@suncartech.com
Legal: Ms. Li Chen
Email: chenli@suncartech.com 

U.S. Investor Relations
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com