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JX Luxventure Signs Blockbuster USD20,000,0000 Strategic Annual Cooperation Agreement

HAIKOU, China, Jan. 15, 2025 /PRNewswire/ — JX Luxventure Group Inc. (Nasdaq: JXG) (the “Company”), a technology company engages in integrated tourism services, including tourism, duty-free cross-border goods, and comprehensive e-commerce technology solutions, today announced that, on January 13, 2025, Jinxuan (Hainan) Holding Group Co., Ltd. (“JX Hainan”), a subsidiary of the Company, entered into and executed a 2025 Strategic Annual Cooperation Agreement (the “Agreement”) with  Hainan Cross-border E-Commerce Association (“HCEA”).  We anticipate that this Agreement will start a long-term strategic partnership collaboration between the parties, and that HCEA will  meet its target of selling US$20,000,000 worth of cross-borders products within one year, as stated in the Agreement.

Ms. Sun “Ice” Lei, Chief Executive Officer of the Company, commented: “Hainan Free Trade Port has created remarkable opportunities for the cross-border e-commerce industry. We believe that this $20 million procurement order marks just the beginning for the Company to implement such an opportunity. Through technological innovation, resource integration, and compliance support, we will empower more small and medium-sized enterprises to access global markets, achieve sustainable growth, and bring new energy to the global trade ecosystem.”

About JX Luxventure Group Inc.

Headquartered in Haikou, China, JX Luxventure Group Inc. is a technology company engages in integrated tourism services, including tourism, duty-free cross-border goods, and comprehensive e-commerce technology solutions.  To learn more about the Company, please visit its corporate website at https://www.jxluxventure.com/en/.

Safe Harbor Statement

This press release may contain certain “forward-looking statements” relating to the business of JX Luxventure Group Inc., and its subsidiary companies. All statements, other than statements of historical fact included herein, are “forward-looking statements” in nature within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements, often identified by the use of forward-looking terminology such as “believes,” “expects” or similar expressions, involve known and unknown risks and uncertainties. Although the Company believes that the expectations reflected in these forward-looking statements are reasonable, they do involve assumptions, risks and uncertainties, and these expectations may prove to be incorrect. Investors should not place undue reliance on these forward-looking statements, which speak only as of the date of this press release. The Company’s actual results could differ materially from those anticipated in these forward-looking statements as a result of a variety of factors, including those discussed in the Company’s periodic reports that are filed with the Securities and Exchange Commission and available on its website (http://www.sec.gov). All forward-looking statements attributable to the Company or persons acting on its behalf are expressly qualified in their entirety by these factors. Other than as required under the securities laws, the Company does not assume a duty to update these forward-looking statements.

Masdar’s Capacity Up By 150% to Over 50GW In Two Years Cementing Place as Global Clean Energy Leader

  • Masdar’s operational, under construction and advanced pipeline capacity grew from 20GW to 51GW between 2022 and end of 2024
  • Landmark deals in Spain, Greece and the United States also helped double Masdar’s portfolio capacity
  • Masdar deployed close to $8 billion in equity in 2024, in addition to raising over $4.5 billion of project financing across nine countries
  • The UAE clean energy leader successfully developed seven major projects worldwide and inaugurated the largest wind farm in Central Asia

ABU DHABI, UAE, Jan. 15, 2025 /PRNewswire/ — Abu Dhabi Future Energy Company PJSC – Masdar, the UAE’s clean energy leader – has announced that it has significantly increased its overall renewable energy capacity by 150 percent to 51GW by the end of 2024, up from 20GW in 2022. This achievement establishes Masdar as a global clean energy leader and well on track to achieving its ambitious target of 100GW of renewable energy capacity by 2030.

Masdar’s Capacity Up By 150% to Over 50GW In Two Years
Masdar’s Capacity Up By 150% to Over 50GW In Two Years

Masdar’s operational, under construction and advanced pipeline capacity grew from 20GW to 51GW between 2022 and the end of 2024. It comes as Masdar’s portfolio of operational, under construction and committed capacity also rose in just 12 months from 16.5GW to 32.6GW by end of 2024.

In 2024 alone, Masdar deployed close to $8 billion in equity investments and secured more than $4.5 billion of project financing across nine countries, enabling the development of projects totaling over 6.5GW of new capacity. These accomplishments reflect Masdar’s commitment to expanding its renewable energy portfolio while driving the global energy transformation.

Masdar’s growth was advanced by landmark acquisitions in Greece, Spain and the United States, strengthening the company’s presence in Europe and North America, as well as breaking ground on seven major projects worldwide. These included two BESS projects in the UK, two solar projects in Azerbaijan with a combined capacity of 760MW, and the 1.5GW Al Ajban Solar Project in the UAE.

Masdar also announced the financial close of six projects, including the 1.1GW Al Henakiyah Solar Power Plant and multi-utility AMAALA sustainable project in the Kingdom of Saudi Arabia, as well as 760MW solar projects Bilasuvar and Neftchala in Azerbaijan.

Additionally, Masdar signed a Power Purchase Agreement in December 2024 for the 2GW Sadawi project in Saudi Arabia, and inaugurated the 500MW Zarafshan Wind Farm in Uzbekistan, now the largest operation in Central Asia.  

The company successfully issued its second green bond, raising $1 billion, with a 4.6x oversubscription underscoring strong investor confidence in Masdar’s vision and performance. It came after Fitch upgraded Masdar’s credit rating to AA- from A+, demonstrating the confidence in the health of the company’s finances.

His Excellency Dr Sultan Ahmed Al Jaber, Chairman of Masdar, said: “With the steadfast support of the UAE Leadership, Masdar has grown over the last two decades from a pioneer in clean energy to one of the world’s biggest renewable energy companies. In 2024, we made significant progress by increasing our overall capacity to 51GW, more than half-way to meeting our 100GW by 2030 target. This is testament to a balanced growth strategy combining smart acquisitions and project development in our bid to become the world leader in clean energy. We are committed to the UAE Consensus and the global target of tripling renewable energy capacity by 2030 in our mission to supercharge the global energy transformation and ensure sustainable progress for all.”

Mohamed Jameel Al Ramahi, Chief Executive Officer of Masdar, said: “Masdar’s journey in 2024 represents the power of bold ambition paired with strategic action. By more than doubling our capacity in just two years, we have not only established our position as the world’s pure-play renewables leader but have expanded our ambition with key strategic acquisitions in the United States, Spain and Greece. We have also achieved significant progress on major projects worldwide, as we help to accelerate the global energy transformation. We are not only reaching milestones but setting new benchmarks for the industry as we work towards our 100GW target and cementing our reputation as the world’s trusted clean energy partner.”

Since its establishment in 2006, Masdar has been a key enabler of the UAE’s vision as a global leader in sustainability and climate action. The company has developed and partnered in projects in over 40 countries, with a mandate to increase its renewable energy portfolio capacity to 100GW by 2030.

For more information please visit: https://www.masdar.ae and connect: facebook.com/masdar.ae and twitter.com/masdar

About Masdar

Masdar (Abu Dhabi Future Energy Company) is one of the world’s fastest-growing renewable energy companies. As a global clean energy pioneer, Masdar is advancing the development and deployment of solar, wind, geothermal, battery storage and green hydrogen technologies to accelerate the energy transformation and help the world meet its net-zero ambitions. Established in 2006, Masdar has developed and invested in projects in over 40 countries with a combined capacity of over 50 gigawatts (GW), providing affordable clean energy access to those who need it most and helping to power a more sustainable future.

Masdar is jointly owned by TAQA, ADNOC, and Mubadala, and is targeting a renewable energy portfolio capacity of 100GW by 2030 while aiming to be a leading producer of green hydrogen by the same year.

 

MicroCloud Hologram Inc. Explores Precise Quantum Computing in Complex Scenarios Involving Quantum Oscillations

SHENZHEN, China, Jan. 15, 2025 /PRNewswire/ — MicroCloud Hologram Inc. (NASDAQ: HOLO), (“HOLO” or the “Company”), a technology service provider, announced its success in overcoming a new technical challenge—achieving precise quantum Computing in complex scenarios involving quantum oscillations. This groundbreaking achievement injects new momentum into the deep optimization and wide application of quantum circuits.

Focusing on a system of two superconducting qubits with unique characteristics, tightly coupled by fixed capacitors, the introduction of pulse technology acts like a double-edged sword. On one hand, it provides an effective means for controlling quantum states; on the other hand, it inevitably triggers quantum oscillation phenomena. Even slight parameter deviations, at the quantum scale, can cause dramatic fluctuations in the quantum state, leading to signal distortion, computational errors, and a series of other issues. In the face of this challenging problem, HOLO has innovatively integrated Quantum Fisher Information (QFI) with Hilbert-Schmidt Speed (HSS), creating a powerful toolset for quantum estimation. Quantum Fisher Information (QFI), known for its precise quantification of the ultimate limits of parameter estimation in quantum systems, acts as a high-precision “detector” in the quantum realm. It relies on meticulous measurements and deep analysis of quantum states, extracting system parameter information hidden within the quantum states through complex mathematical transformations and physical model construction. For example, in a specific quantum bit flip experiment, QFI can accurately track the parameter changes corresponding to each quantum state flip, providing solid data support for subsequent system optimization.

Complementing this, the Hilbert-Schmidt Speed (HSS) serves as a “speedometer” for the dynamic evolution of quantum systems. It focuses on the rate of evolution of a quantum system over time, revealing the system’s adaptation and response mechanisms to external disturbances, such as quantum oscillations triggered by pulse technology, by closely monitoring the gradient of quantum state changes at different moments. In experimental scenarios, when pulses induce quantum oscillations, HSS can capture the pace of quantum bit state updates in real-time, helping researchers discern when the quantum system is in a stable state and when it is approaching a critical point of uncontrollable instability.

HOLO conducts a comprehensive “scan” of the fixed capacitor-coupled dual superconducting qubit system. First, it performs detailed “grid-based” tuning of pulse technology parameters, gradually inducing quantum oscillation patterns of varying strengths and frequencies, simulating quantum state fluctuations in a real and complex environment. Simultaneously, high-sensitivity quantum state detection equipment is used to continuously collect real-time quantum bit state data, ensuring the timeliness and accuracy of the data. Leveraging the QFI and HSS analysis models constructed in earlier stages, massive amounts of experimental data are imported for deep exploration and repeated validation.

HOLO has discovered that even under harsh conditions where quantum oscillations are rampant, the precision of quantum estimation has still achieved a significant leap forward. Taking a typical algorithm in quantum computing—the Quantum Fourier Transform—as an example, after introducing HOLO’s quantum computing optimization scheme, the algorithm’s computational error rate was reduced compared to traditional methods, and computational efficiency was significantly enhanced. This means that in the design blueprint of quantum circuits, engineers can make more precise adjustments to the circuit structure based on more accurate quantum bit performance parameters, thereby avoiding the potential risks posed by quantum oscillations and enhancing the stability, reliability, and computational performance of quantum circuits.

Looking to the future, HOLO will continue to optimize the QFI and HSS technological tools, expanding their application boundaries in diverse quantum systems, helping quantum technology reach the public sooner and reshaping a new paradigm of scientific and technological life for humanity.

About MicroCloud Hologram Inc.

MicroCloud is committed to providing leading holographic technology services to its customers worldwide. MicroCloud’s holographic technology services include high-precision holographic light detection and ranging (“LiDAR”) solutions, based on holographic technology, exclusive holographic LiDAR point cloud algorithms architecture design, breakthrough technical holographic imaging solutions, holographic LiDAR sensor chip design and holographic vehicle intelligent vision technology to service customers that provide reliable holographic advanced driver assistance systems (“ADAS”). MicroCloud also provides holographic digital twin technology services for customers and has built a proprietary holographic digital twin technology resource library. MicroCloud’s holographic digital twin technology resource library captures shapes and objects in 3D holographic form by utilizing a combination of MicroCloud’s holographic digital twin software, digital content, spatial data-driven data science, holographic digital cloud algorithm, and holographic 3D capture technology. For more information, please visit http://ir.mcholo.com/

Safe Harbor Statement

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate,” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s goals and strategies; the Company’s future business development; product and service demand and acceptance; changes in technology; economic conditions; reputation and brand; the impact of competition and pricing; government regulations; fluctuations in general economic; financial condition and results of operations; the expected growth of the holographic industry and business conditions in China and the international markets the Company plans to serve and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the Securities and Exchange Commission (“SEC”), including the Company’s most recently filed Annual Report on Form 10-K and current report on Form 6-K and its subsequent filings. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

ENIM TECHNOLOGIES AND THE ROYAL CANADIAN MINT EXPLORE THE INTEGRATION OF ECO-RESPONSIBLE METALS EXTRACTED FROM ELECTRONIC WASTE IN THE MINT’S OPERATIONS

MONTREAL, Jan. 15, 2025 /PRNewswire/ — Enim Technologies Inc. (“enim”), an innovative company that specializes in the revalorization of precious metals and critical strategic minerals from obsolete electronic devices, and the Royal Canadian Mint (the “Mint”), one of the world’s leading precious metals refiners renowned for its commitment to innovation and sustainability, are pleased to announce that they are exploring areas of collaboration which are mutually beneficial. Areas being explored include the feasibility of incorporating enim’s revalorized metals — including gold, silver, and copper — into the Mint’s future coin production, alongside the exchange of expertise in related strategic fields.

“This exploration of collaboration opportunities with the Mint marks a milestone in our mission to transform electronic waste into eco-responsible products. Engaging in discussions with such a respected institution as the Mint validates for enim that circular revalorization can provide some of the most sustainable and prized metals on the market,” said Simon Racicot-Daignault, President and CEO of enim. “At enim, we believe this is a productive step to achieving our goal of setting a new standard for more resilient and environmentally responsible supply chains.”

“For more than a century, the Mint has operated one of the world’s leading refineries, delivering innovative products of the highest quality and unparalleled purity. As a high-volume gold refiner, the Mint is committed to operating sustainably, finding new and innovative ways to maximize environmental responsibility. Sourcing metals recovered through urban mining complements our ability to do that and presents an exciting opportunity for the Mint to participate in the circular economy,” said Marie Lemay, President and CEO of the Royal Canadian Mint. “As enim takes major steps to grow its innovative technology and unlock the full value of electronic waste, we look forward to exploring the possibility of tapping into a new source of metals responsibly recovered on Canadian soil.”

Two Canadian Organizations Passionate About Achieving a Sustainable Future
The Mint and enim are two Canadian organizations that share strong values around quality, sustainability, and innovation. enim, which plans to launch its first commercial facility in 2027, is distinguished by its eco-responsible, patented hydrometallurgical technology. This approach enables the optimal revalorization of obsolete electronic boards by responsibly processing metallic, plastic, and ceramic fractions through an eco-friendly solution. enim’s circular model, which aims to be zero-waste, minimizes the environmental footprint and ensures full traceability of its ethically recycled co-products which could, in the future, allow the Mint to offer its clients innovative products crafted from revalorized metals.

By extracting precious metals from obsolete printed circuit boards without using harmful substances such as cyanide, enim also provides a solution to the social and environmental challenge of e-waste management. This circular model not only meets the needs of modern supply chains but also addresses an emerging high-value market for investors seeking distinctive, traceable products with a low environmental impact.

Strengthening Expertise Via Strategic Collaboration
Exploring collaboration opportunities with the Mint could allow enim to benefit from this Crown corporation’s high standards for quality and sustainability, as well as for responsible procurement. This synergy could pave the way for future initiatives enabling enim and the Mint to meet demand for responsibly sourced precious metals and ethical recycled materials, while sending a strong signal about the potential of urban mining and innovative circular solutions to build a more sustainable future.

Urban Mining: A Strategic Resource for a Sustainable Future
According to a report by a UN agency, 62 billion kilograms of electronic waste were generated worldwide in 2022, but only 22% was collected and revalorized in a documented manner. Each year, precious metals lost through incineration or landfilling represent an approximate value of USD 62 billion, causing additional significant environmental and social issues. This urban mine represents a major opportunity to revalorize these precious metals and other critical and strategic minerals contained in electronic waste—a sustainable activity with high growth potential that also contributes to reducing the environmental impact associated with primary mining.

The global legislative landscape, particularly regarding recycled content, waste management, carbon footprint, and biodiversity commitments, also favors innovative solutions like those offered by enim.

About enim
enim is a company specializing in the revalorization of precious metals, critical and strategic minerals, and other materials derived from the treatment of obsolete printed circuit boards coming from the urban mine. With a patented eco-responsible hydrometallurgical technology, enim extracts precious metals without using harmful substances such as cyanide, significantly reducing the ecological footprint of operations that support a circular economy with a zero-waste goal. The organization offers an environmentally friendly alternative to traditional mining and pyrometallurgical recovery methods, creating a sustainable and circular economy. enim’s strategy is focused on urban mining-based recycling using locally sourced materials. enim’s current shareholders are Seneca and Dundee Sustainable Technologies.

For more information on the enim solution, visit www.enim.ca. Follow enim on LinkedIn.

About the Royal Canadian Mint
The Royal Canadian Mint is the Crown corporation responsible for the minting and distribution of Canada’s circulation coins. The Mint is one of the largest and most versatile mints in the world, producing award-winning collector coins, market-leading bullion products, as well as Canada’s prestigious military and civilian honours. As an established London and COMEX Good Delivery refiner, the Mint also offers a full spectrum of best-in-class gold and silver refining services. As an organization that strives to take better care of the environment, to cultivate safe and inclusive workplaces and to make a positive impact on the communities where it operates, the Mint integrates environmental, social and governance practices in every aspect of its operations.

For more information on the Mint, its products and services, visit www.mint.ca. Follow the Mint on LinkedIn, Facebook and Instagram.

Contribute to the circular economy: Repair, repurpose, and recycle your obsolete electronic devices and be part of the solution for a more sustainable future!

Contacts: enim, Gabriel Trottier-Hardy, Director, Development & Legal Affairs, 514 458-6350, gtrottier-hardy@enim.ca; Mathieu Pagé, Advisor, Exponentiel, 514-942-9295, mpage@exponentiel.ca; Royal Canadian Mint: Alex Reeves, Senior Manager, Public Affairs, 613-884-6370, reeves@mint.ca

Bybit Web3 Launches FarmX, Revolutionizing Telegram Gaming with Decentralized Farming in SpaceS

DUBAI, UAE, Jan. 15, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced the launch of FarmX, a groundbreaking decentralized farming platform integrated into its popular Telegram game bot, SpaceS. FarmX empowers both new and experienced crypto users to earn rewards by completing simple farming tasks and participating in various campaigns, introducing a new dimension of play-to-earn excitement to the SpaceS ecosystem.

Bybit SpaceS, with its engaging space-themed gameplay and vibrant community of over 3 million players, has become a beloved platform for Web3 enthusiasts. Beyond its gameplay, SpaceS introduces a social element, allowing players to invite friends and form fleets to play together. The introduction of FarmX further solidifies Bybit’s position as a leader in innovative and rewarding gaming experiences.

Key Features of FarmX:

  • Farm-to-Earn: Connect your wallet, hold SpaceS Points or TON, and start farming with a few simple clicks.
  • Early Bird Advantage: FarmX rewards are distributed based on how much you farm and how early you start. The more SpaceS Points or $TON you hold and the earlier you participate, the greater your share of the prize pool.
  • Exclusive Loyalty Rewards: Earn exclusive token rewards by farming SpaceS Points or depositing TON.
  • Community-Driven: Leverage the thriving SpaceS community and participate in exciting campaigns with massive prize pools.
  • TON Ecosystem Integration: FarmX integrates TON farming, marking Bybit Web3’s entry into the vibrant TON ecosystem. By holding $TON, players can double their rewards, unlocking even more earning potential.

MK Chin, Bybit’s Web3 Evangelist, commented: “FarmX represents a significant milestone for SpaceS and Bybit Web3. By seamlessly integrating decentralized farming into a beloved game, we are democratizing access to DeFi and providing our community with exciting new opportunities to earn rewards. We are thrilled to see how players embrace FarmX and shape the future of play-to-earn experiences.”

The FarmX campaign offers an additional 40,000 USDT prize pool from January 16th to 24th. Subsequent campaigns will feature even more enticing rewards and collaborations with top projects in the Web3 space.

Bybit Web3 Launches FarmX, Revolutionizing Telegram Gaming with Decentralized Farming in SpaceS
Bybit Web3 Launches FarmX, Revolutionizing Telegram Gaming with Decentralized Farming in SpaceS

#Bybit / #TheCryptoArk / #BybitWeb3

About Bybit Web3

Bybit Web3 is redefining openness in the decentralized world, creating a simpler, open, and equal ecosystem for everyone. We are committed to welcoming builders, creators, and partners in the blockchain space, extending an invitation to both crypto enthusiasts and the curious, with a community of over 130 million wallet addresses across over 30 major ecosystem partners, and counting. 

Bybit Web3 provides a comprehensive suite of Web3 products designed to make accessing, swapping, collecting and growing Web3 assets as open and simple as possible. Our wallets, marketplaces and platforms are all backed by the security and expertise that define Bybit as the world’s second-largest cryptocurrency exchange by trading volume, trusted by over 50 million users globally.

Join the revolution now and open the door to your Web3 future with Bybit.

For more details about Bybit Web3, please visit Bybit Web3.

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

Gohomeway Group Inc., a TANH Subsidiary, Named Chair of the Home Furnishing Materials Committee, American Chinese National Chamber of Commerce

LISHUI, China, Jan. 15, 2025 /PRNewswire/ — Tantech Holdings Ltd (NASDAQ: TANH) (“Tantech” or the “Company”) today announced that on January 15, 2025, TANH’s U.S. subsidiary, Gohomeway Group Inc., has been appointed Chair of the Home Furnishing Materials Committee under the American Chinese National Chamber of Commerce. This signifies Gohomeway’s rising prominence in the U.S. home furnishing and building materials sector and underscores TANH’s leadership in driving industry innovation.

This appointment solidifies Gohomeway’s industry standing while accelerating the development of its franchise system, marking a key milestone in TANH’s strategic expansion into the North American market. The recognition also reinforces TANH’s commitment to advancing global growth initiatives and fostering sustainable industry practices.

The compan’s CEO Mr.Yan Wangfeng stated, “This appointment represents a significant step in our global strategy, particularly in expanding our footprint in North America. Through Gohomeway, we aim to introduce cutting-edge home furnishing solutions to U.S. households, further promoting sustainable development across the industry.”

About Tantech Holdings Ltd

TANH is a professional high-tech enterprise focused on the production, research and development, and sales of home furnishing and building materials. With a well-established domestic and international sales and distribution network, the company has been active in the home furnishing and building materials industry since 2002, beginning with the manufacture of bamboo charcoal products for home use. In 2022, TANH further strengthened its presence in the North American market by establishing a wholly-owned subsidiary in the United States to enhance the R&D and sales of home furnishing and building materials.

The Company is fully ISO 90000 and ISO 14000 certified and has received a number of national, provincial and local honors, awards and certifications for its products and scientific research efforts. The Company’s subsidiary, First International Commercial Factoring (Shenzhen) Co., LTD, is engaged in commercial factoring for businesses in and related to its supply chain. For more information, please visit: https://tanhtech.com.

Forward-Looking Statements

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning the sales, plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulations, and other risks contained in reports filed by the Company with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by this cautionary statement and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

For more information, please contact:

Tantech Holdings Ltd
Investor Relations
Tel: +86 (578) 226-2305
ir@tantech.cn

NEXTBIOMEDICAL Receives IDE Approval from FDA for Nexsphere-F™, an Embolic Microsphere for Use in Genicular Artery Embolization (GAE) for Knee Osteoarthritis: The U.S. RESORB Trial Launches

SEOUL, South Korea, Jan. 15, 2025 /PRNewswire/ — NEXTBIOMEDICAL CO., LTD, a KOSDAQ-listed innovative medical device company in South Korea, proudly announced that it has received Investigational Device Exemption (IDE) approval from the U.S. Food and Drug Administration (FDA) for its clinical trial, named “RESORB”, featuring Nexsphere-F™.  Designed to alleviate pain in knee osteoarthritis patients, the fast resorbable embolic microsphere will undergo a multi-center trial in the United States for market approval, marking a significant milestone in its global expansion strategy.

Knee osteoarthritis (OA) is a debilitating condition affecting over 654 million people aged 40 and above globally, making it one of the leading causes of pain and disability among older adults [1]. While existing treatments, such as NSAIDs and hyaluronic acid injections, provide temporary relief, their long-term efficacy is limited, and side effects are a significant concern. The RESORB trial aims to address these unmet needs by introducing a more sustainable and patient-friendly solution through Genicular Artery Embolization (GAE) and Nexsphere-F™.

RESORB is a multicenter, randomized, open-label study designed to assess how Nexsphere-F™ performs in alleviating pain and improving mobility in patients with knee osteoarthritis. The trial will enroll participants across leading healthcare institutions in the United States, focusing on the novel approach of GAE to treat OA-related symptoms.

Dr.  Ziv J Haskal FSIR FAHA FCIRSE, Professor of Interventional Radiology at the University of Virginia and national Principal Investigator for RESORB, stated that “Nexsphere-F™ has already received CE-MDD approval for use in arthritis embolization, and has proven its superior safety and efficacy in thousands of musculoskeletal embolization patients in Asia and Europe.” The company is actively seeking and securing its clinical trial sites for the U.S. Pivotal trial now.

Additionally, CEO Dr. Don Haeng Lee emphasized that obtaining FDA approval for Nexsphere-F™ marks a pivotal milestone for the company, reflecting its commitment to advancing innovative medical solutions. He expressed pride in the successful completion of the essential IDE approval and shared optimism that the upcoming RESORB clinical trial will proceed seamlessly, paving the way for timely FDA approval. He further highlighted the company’s vision of making Nexsphere-F™ available globally to improve the quality of life for arthritis patients worldwide.

About Nexsphere-F™

Nexsphere-F™ is a fast-resorbable microsphere designed for endovascular embolization procedure. Composed of hydrophilic material, it is utilized in arterial embolization in conjunction with a contrast medium. Upon injection through a microcatheter, Nexsphere-F™ microspheres swell to precisely block the target blood vessels, temporarily cutting off the blood supply to the tissues. Over a defined period, the microspheres maintain their embolization effect to facilitate therapeutic outcomes, after which they are completely resorbed by the body. This unique resorption capability ensures biocompatibility, reduces the risk of complications, offering a safe and effective treatment option.  
https://youtu.be/L4SoG3p_DDA?si=Kv7qBfRYAkfifXxN

About NEXTBIOMEDICAL

NEXTBIOMEDICAL specializes in the development of innovative therapeutic materials utilizing advanced drug delivery system. The company focuses on the research and development and manufacturing the drug-device combination products tailored to address significant clinical unmet needs. 

One of NEXTBIOMEDICAL’s flagship innovations is Nexpowder®, an advanced hemostatic powder that has received FDA approval for its effectiveness in achieving rapid and reliable bleeding control. Utilizing proprietary polymer-based technology, Nexpowder® adheres to bleeding surfaces to form a stable, durable barrier, ensuring efficient hemostasis.

Through continuous investment in R&D aimed at high-demand medical challenges, NEXTBIOMEDICAL strives to become a global leader in life-saving solutions, offering groundbreaking treatments that transform patient care and meet the evolving needs of the clinical field.

https://www.nextbiomedical.co.kr/en/

Reference

[1] Cui, A., Li, H., Wang, D., Zhong, J., Chen, Y., & Lu, H. (2020). Global, regional prevalence, incidence, and risk factors of knee osteoarthritis in population-based studies. Osteoarthritis and Cartilage, 28(11), 1541-1549.

 

MoEngage’s Email Benchmarks Report Reveals a Shift in Personalization Trends for 2025

Analysis of 17.3 billion marketing emails reveals behavior-based emails can achieve up to 300.7x conversion rates compared to non-personalized emails

SAN FRANCISCO, Jan. 15, 2025 /PRNewswire/ — MoEngage, an insights-led cross-channel customer engagement platform trusted by over 1,350 brands, has released its flagship report, Email Benchmarks Report: Optimizing Email for 2025 and Beyond. The comprehensive report analyzes the performance of more than 17.3 billion marketing emails sent via MoEngage’s data-driven customer engagement platform to measure the effectiveness of different levels of personalization. Brand marketers can compare their results to MoEngage’s data on email delivery rates, open rates, click-to-open rates (CTOR), conversion rates, and unsubscribe rates.

The Email Benchmarks Report examines three types of personalized emails—attribute-based, journey-based, and behavior-based—and compares their performance to broadcast emails. The report also encompasses three industry sectors: Retail and Ecommerce, Media and Entertainment, and Banking and Financial Services (BFSI).

The report reveals that behavior-based emails lead other email types in overall performance across most industries. Journey-based emails still performed well compared to broadcast or non-personalized emails, especially in the BFSI industry. Attribute-based emails are still better than broadcast emails, but should only be used for certain cases.

“The insights in the MoEngage Email Benchmarks Report will help brand marketers adjust their customer engagement strategies to achieve greater success with email campaigns in 2025,” said Raviteja Dodda, CEO of MoEngage. “The data is clear. Regardless of the industry sector, non-personalized and broadcast emails provide no value. To create meaningful connections with customers, marketers must invest in deeply personalized emails that are segmented for the right audience and based on each customer’s behavior and previous interactions with the brand.”

Other key learnings include:

  • Behavior-based emails work best for the Retail and Ecommerce sector, achieving a staggering 60.7x conversion rate and a 22.6x CTOR—the highest among all industries analyzed.
  • In the BFSI sector, broadcast emails have worsened compared to previous years in terms of open and unsubscribe rates, indicating that customers are growing less responsive to generic content.
  • Media and Entertainment boasts the highest email deliverability rating (99.95%) and also the highest unsubscribe rate for broadcast emails (6.35%).
  • In the analysis of the best and worst months to send email campaigns, January is the best month for BFSI brands to send emails that get opened, while April is the best month to send emails that lead to conversions. This ties to customer behaviors, as January is typically when consumers focus on resettling their finances after the holidays, and April coincides with the end of tax season when consumers are more likely to make money moves like opening new accounts.

For more useful insights, download your free copy of the report.

About MoEngage

MoEngage is an insights-led customer engagement platform for consumer brands, that empowers marketers and product owners with AI-driven insights to create cross-channel experiences that customers love. Trusted by 1,350+ global consumer brands such as SoundCloud, Poshmark, Citi, Nestlé, Domino’s, McAfee, Samsung, 7-Eleven, Deutsche Telekom, and more, MoEngage powers personalized and seamless digital experiences.  Consumer brands across 60 countries use MoEngage to power digital experiences for over 1 billion customers every month.

With offices in 13 countries, MoEngage is backed by Goldman Sachs Asset Management, B Capital, Steadview Capital, Multiples Private Equity, Eight Roads, F-Prime Capital, Matrix Partners, Ventureast, and Helion Ventures. MoEngage was named a Strong Performer in The Forrester Wave™: Cross-Channel Marketing Hubs Report for Q1 2023 and 2024, and featured as a Leader in the IDC MarketScape: Worldwide Omni-Channel Marketing Platforms for B2C Enterprises 2023.

To learn more about MoEngage, visit www.moengage.com or email hello@moengage.com.