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Hollyland introduces the all-new LARK A1 wireless microphone, the perfect combination of professional sound quality and high value

The gateway to professional audio starts at $34.9.

SHENZHEN, China, May 27, 2025 /PRNewswire/ — Hollyland, a leading provider of wireless products and solutions, is launching the latest LARK A1 wireless microphone designed to deliver the exceptional 48kHz/24-bit high-fidelity audio quality with three-level intelligent noise cancellation. This microphone is engineered with advanced technologies, making it an ideal choice for vloggers, streamers, and content creators who seek clear audio without the hassle of complex settings.

The LARK A1 features 48kHz/24-bit high-fidelity audio that ensures every detail is captured with precision. With a high sound pressure level of 120dB SPL, the LARK A1 manages sudden loud noises, effectively minimizing distortion. It captures every nuance from deep lows to crisp highs, and the intelligent auto-limit feature balances volume levels to maintain stable, distortion-free audio.

Furthermore, the microphone offers customizable audio with adjustable EQ (balance, low and bright) and reverb (small, medium or large). Users can tailor the sound precisely and sculpt clarity, depth, and texture through EQ and reverb, transforming audio into an immersive experience.

Designed for creators who demand crystal-clear audio, the LARK A1 also features a 6-level gain control and flexible noise cancellation system that adapts to many settings. From outdoor filming and live streaming to short video recording, the Lark A1 effectively filters out ambient noise, including wind, traffic, honking, air conditioning hum, and room reverberation. The three levels of noise reduction (weak, medium and strong) adapt to different environments while maintaining a natural and clear voice.

Engineered for creators who never stop, the LARK A1 offers stable audio transmission over distances of up to 200 meters, weighs just 8 grams and erases battery anxiety while creating. With the charging case, two TX alternate seamlessly for up to 54 hours of continuous operation. With a single charge in the TX mode, the wireless microphone can work up to 6.5 hours with noise cancellation on and 9 hours without.

“The LARK A1 not only represents a breakthrough in acoustic technology, but also demonstrates Hollyland’s commitment to making the professional-grade audio experience accessible to everyone,” said Mr.Cao, Director of Product Development Department of Hollyland.

With the launch of the LARK A1, Hollyland is committed to enabling more consumers to enjoy a professional recording experience through innovative technology and exploring more intelligent and user-friendly products and solutions in the future.

Launched on May, 27, 2025, LARK A1 is now available through local distributors and on the Hollyland Amazon store:

  • LARK A1 Combo $69.9
  • LARK A1 Duo $49.9
  • LARK A1 Mini Duo (Type-C) $34.9

For detailed product information, please visit here

ABOUT HOLLYLAND TECHNOLOGY

Shenzhen Hollyland Technology Co., Ltd. (‘Hollyland’ or ‘Hollyland Technology’) empowers global customers with professional solutions that are expressly designed for wireless data, audio, and video transmission and wireless intercom solutions since 2013. Key products include Solidcom C1, Mars 400s Pro, Mars 4K, Mars M1, Cosmo C1, and Lark M1. Hollyland serves many markets, including filmmaking, television shooting, video production, broadcast, live streaming, live events, exhibitions, broadcast media, production, general events, theatres, houses of worship, rental houses, and more.

For more information, visit https://www.hollyland.com/, Hollyland InstagramHollyland Facebook, and Hollyland YouTube.

Platinum Jets Officially Launches Services and Real-Time Instant Quote Tool for Private Jet Travel

SWANAGE, England, May 27, 2025 /PRNewswire/ — Platinum Jets, a boutique private jet charter broker serving a global clientele of business leaders and luxury travelers, is proud to announce the official launch of its services along with the debut of its cutting-edge Instant Quote feature on www.platinumjets.co.uk. This double launch introduces a modern, high-touch approach to private aviation, blending digital ease with tailored concierge expertise.

Now live and fully operational, Platinum Jets offers access to over 7,000 private jets across the globe. Clients can instantly explore aircraft options and pricing, then work with a dedicated charter specialist to curate a seamless travel experience from takeoff to landing.

 

Platinum Jets launches luxury private jet services with real-time Instant Quote platform.
Platinum Jets launches luxury private jet services with real-time Instant Quote platform.

 

Luxury Travel Begins With Instant Clarity

With the launch of the Instant Quote tool, Platinum Jets brings a new level of convenience to private aviation. In a few clicks, users can receive real-time quotes, compare aircraft types, and begin planning their journey. Whether arranging a last-minute flight from London to Dubai or coordinating a summer holiday itinerary across Europe, the process is now faster, smarter, and more transparent.

More Than a Broker, A Travel Partner

Platinum Jets enters the market with a boutique mindset and a global reach. As a private jet charter broker, the company is not tied to a specific fleet, allowing complete flexibility in sourcing the ideal aircraft for each client’s needs. From light jets for short hops to large cabin long-range aircraft, the right solution is always available, no matter the route or destination.

What sets Platinum Jets apart is its commitment to going beyond the booking. Every client is paired with a charter manager who handles all aspects of the journey, including in-flight dining, ground transport, and even luxury accommodation. The team routinely arranges full holidays, combining private aviation with villa rentals, five-star hotels, yacht charters, and bespoke experiences on the ground.

A Global Network With a Boutique Feel

Whether flying for business or leisure, clients benefit from Platinum Jets’ access to over 7,000 vetted aircraft worldwide. The company offers global coverage while maintaining a high-touch, personalised service. Their mission is to provide the sophistication of a major player with the attention and discretion of a private advisor.

“We are thrilled to officially launch Platinum Jets and introduce our Instant Quote system to the market,” said David Bungay, founder of Platinum Jets. “Our goal is to simplify private jet travel while maintaining the highest standards of service and flexibility. We want our clients to feel that wherever they are going, we have the right aircraft and team ready for them.”

Now Open for Bookings

Platinum Jets is now accepting charter requests and providing instant pricing through its website. Whether planning a multi-city business tour, a spontaneous weekend escape, or a long-haul family holiday, clients can now begin their journey at www.platinumjets.co.uk.

For travelers who expect precision, discretion, and round-the-clock support, Platinum Jets offers a new standard in private aviation, where modern tools meet timeless service.

Photo: https://laotiantimes.com/wp-content/uploads/2025/05/platinum_jets_1.jpg
Photo: https://laotiantimes.com/wp-content/uploads/2025/05/platinum_jets_2.jpg

 

Every journey with Platinum Jets is managed by a dedicated charter specialist for seamless luxury travel.
Every journey with Platinum Jets is managed by a dedicated charter specialist for seamless luxury travel.

 

Contact:
magda@platinumjets.co.uk

Meet BingAI: BingX’s AI Revolution in Crypto Trading

PANAMA CITY, May 27, 2025 /PRNewswire/ — BingX, a leading cryptocurrency exchange and Web3 AI company, proudly announced the launch of BingAI, an AI-powered crypto trading assistant. BingAI is designed to empower crypto traders of all levels with real-time market insights, strategic recommendations, and personalized guidance. As the cornerstone of BingX’s newly launched AI Evolution strategy, BingAI represents a major leap toward making AI a trusted and side-by-side companion throughout every user’s trading journey.

Meet BingAI: BingX's AI Revolution in Crypto Trading
Meet BingAI: BingX’s AI Revolution in Crypto Trading

BingAI supports users across various sections — from market discovery to trade execution. Leveraging big data models trained on BingX’s internal data and a wide financial knowledge base, BingAI helps users stay ahead of the market and make more confident decisions. Whether you are analyzing coin trends, diagnosing portfolio, understanding top traders’ strategies, or navigating volatile market news, BingAI offers instant and intelligent insights to guide your next move.

What to Expect in BingAI:

  • BingAI Chat: Engage in conversations, offering real-time strategy guidance and context-driven advice to help traders make informed decisions.
  • AI News Briefing: Stay ahead with trending news, market shifts, and community sentiment, and give quick insights into the latest developments.
  • Trend Forecasting: Combine technical indicators and sentiment analysis, and predict market movements, helping traders act ahead of trends.
  • Smart Position Analysis: Evaluate open positions, and give personalized recommendations on risk management and trade adjustments.
  • Pro Trader Recommender: Find top traders to follow with its analysis, ensuring traders’ strategies align with the goals.
  • AI Trade Review: Analyze past trades, reveal patterns, and provide insights to help improve future decisions.

Vivien Lin, Chief Product Officer of BingX, shared her thoughts on the launch: “BingAI is a natural extension of BingX’s user-first vision. Every decision we make revolves around addressing our users’ needs, and AI is now a critical tool to help them navigate market uncertainties and make more informed decisions. As part of our AI Evolution strategy, BingAI marks the beginning of an era where AI supports traders in real time. This is just the start — our ongoing commitment to AI will continuously evolve to empower users, shape the future of crypto trading, and set new standards for innovation.”

With the launch of BingAI, BingX takes a concrete step in bringing its AI Evolution strategy to reality, turning vision into action. This breakthrough aligns with BingX’s ongoing commitment to put user experience at the heart of its innovation, leveraging AI to create more intuitive and intelligent trading solutions. Looking ahead, BingX plans to expand capabilities of BingAI, continuously integrating cutting-edge AI technologies into every aspect of the platform. BingX’s AI journey has only just begun, and it is set to lead a way in reshaping the future of crypto trading and Web3 industry.

About BingX 

Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 20 million users. With a comprehensive suite of AI-powered products and services, including derivatives, spot trading, and copy trading, BingX caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, BingX empowers users with innovative tools designed to enhance performance and confidence. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship.

For more information please visit: https://bingx.com/

GIBO Announces Successful Application of inspirAI in Short Drama, Completes Thematic Creation Tests with HoneyReels, Pioneering Cross-Format Innovation in Anime and Live-Action Short Drama

HONG KONG, May 27, 2025 /PRNewswire/ — GIBO Holdings Ltd. (NASDAQ: GIBO), Asia’s leading AI-generated content platform, today announced the successful application of its proprietary inspirAI™ technology in short drama creation, marking a major advancement in GIBO’s cross-format storytelling capabilities. Through a series of thematic creation tests conducted with the short film platform HoneyReels, GIBO has validated the flexibility and performance of inspirAI across both anime-style and live-action content formats.

This milestone positions GIBO at the forefront of modular AIGC (AI-Generated Content) infrastructure, designed to enable scalable, intelligent storytelling for a global creator community.

HoneyReels: A Rising Force in the Global Short Drama Market

HoneyReels is a fast-growing mobile short drama platform that specializes in 1–2 minute serialized episodes. With over 1,000 titles released, the platform has amassed millions of users and surpassed 5 billion views globally. Its content is distributed across 190+ countries and localized in multiple languages including English, Thai, Korean, Japanese, Chinese, Vietnamese, Malay, Portuguese, Indonesian, and Spanish. Focused on key markets such as North America, Japan, and South Korea, Honey Reels has become a breakout player in the global short drama space with a monthly growth rate exceeding 50%. Known for its premium content strategy, efficient distribution model, and global outlook, Honey Reels continues to raise the bar for mobile-first entertainment. Honey Reels is currently available on Apple App Store and Google Play  Store.


inspirAI: Driving Dual-Format Content Creation with Intelligent Story Curation

During the recent tests, GIBO’s inspirAI engine was used to generate narrative concepts adaptable to both animation and live-action formats. Output included:

  • Thematic prompts and episodic structures
  • Character backstories and emotional arcs
  • Optimized plot direction and story pivots
  • Multilingual dialogue generation and visual mood references

The system’s built-in curated storyline engine uses real-time audience data, emotional score metrics, and genre models to enhance tension arcs, turning points, and climactic moments—automatically forming “premium storyline packages.” This elevates inspirAI beyond a writing tool to a high-efficiency content incubation engine, helping platforms surface storylines with strong commercial and emotional appeal.

Transforming Short Drama Production: High Quality, Low Cost

As the short drama economy expands rapidly on mobile and social platforms, inspirAI provides an end-to-end AI-powered solution that drastically reduces the time, cost, and manpower traditionally required for production:

  • Rapid script and multi-ending generation
  • Auto-rendered character profiles and visual prompts
  • Localized emotional tone-matching for different markets
  • Mobile-first formatting, including vertical and episodic output
  • Story simulation and genre experimentation at scale

What once took weeks in pre-production can now be achieved in 1–2 days, empowering studios and creators to launch and test new concepts faster than ever before.

Building the Intelligent Core of the GIBO Content Ecosystem

The successful deployment of inspirAI reinforces GIBO’s multi-module ecosystem strategy. Integrated within the GIBO Click framework, inspirAI will operate alongside ai-Avatar (AI identity system) and AIARSE (asset recognition and settlement engine), enabling a full-circle system for creation, attribution, and value distribution.

By placing AI at the center of narrative innovation, GIBO is advancing a unified platform model where short dramas, animation, and interactive media can converge, evolve, and scale together—creating the infrastructure for the future of intelligent entertainment.

About GIBO Holdings Limited

GIBO Holdings Ltd. is a unique and integrated AIGC animation streaming platform with extensive functionalities provided to both viewers and creators that serves a broad community of young people across Asia to create, publish, share and enjoy AI-generated animation video content. With over 72 million registered users and advanced AI-powered tools, GIBO seeks to redefine the landscape of digital content creation.

Forward-Looking Statements

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements also include, but are not limited to, statements regarding projections, estimates and forecasts of revenue and other financial and performance metrics, projections of market opportunity and expectations, the Company’s ability to scale and grow its business, the Company’s advantages and expected growth, the Company’s ability to source and retain talent, and the Company’s cash position, as applicable. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of the Company’s management and are not predictions of actual performance. These statements involve risks, uncertainties and other factors that may cause the Company’s actual results, levels of activity, performance, or achievements to be materially different from those expressed or implied by these forward-looking statements. Although the Company believes that it has a reasonable basis for each forward-looking statement contained in this press release, the Company cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. The forward-looking statements in this press release represent the views of the Company as of the date of this press release. Subsequent events and developments may cause those views to change. Except as may be required by law, the Company does not undertake any duty to update these forward-looking statements.

Contact Information

Investor Relations:
Bill Zima
ICR, Inc.
William.zima@icrinc.com 

Media Relations:
Edmond Lococo
ICR, Inc.
Edmond.Lococo@icrinc.com

For more information and the latest updates, please visit:
 https://www.globalibo.com/gibo-click/

 

Taoping Announces 1-for-30 Reverse Stock Split

SHENZHEN, China, May 27, 2025 /PRNewswire/ — Taoping Inc. (Nasdaq: TAOP, the “Company”), a provider of innovative smart cloud platform services and solutions, today announced that the board of directors of the Company approved a one-for-thirty reverse stock split of the Company’s issued and outstanding ordinary shares, no par value (the “Ordinary Shares”). Beginning May 29, 2025, the Company’s Ordinary Shares will be trading on a split-adjusted basis under the same symbol “TAOP” but with new CUSIP number, G8675V135.

As a result of the share consolidation, each thirty Ordinary Shares outstanding will automatically combine and convert to one issued and outstanding Ordinary Share without any action on the part of shareholders who hold their shares in brokerage accounts or “street name”. Shareholders holding certificates of Ordinary Shares are expected to receive instructions from the Company’s transfer agent, TranShare Corporation, regarding procedures for exchanging share certificates. All outstanding options, warrants and other rights to purchase the Company’s Ordinary Shares will be adjusted proportionately as a result of the reverse stock split. No fractional shares will be issued as a result of the reverse stock split, and instead, all such fractional shares resulting from the reverse stock split will be rounded up to the nearest whole share.

The reverse stock split is intended to increase the per share trading price of the Ordinary Shares to satisfy the $1.00 minimum bid price requirement for continued listing on the Nasdaq Stock Market. Following the reverse stock split the Company will have approximately 0.89 million Ordinary Shares issued and outstanding, exclusive of shares issuable under outstanding options and convertible notes.  The reverse stock split will not affect the number of total authorized Ordinary Shares of the Company. 

About Taoping Inc.

Taoping Inc. (Nasdaq: TAOP) has a long history of successfully leveraging technology in the development of innovative solutions to help customers in both the private and public sectors to more effectively communicate and market to their desired targets. The Company has built a far-reaching city partner ecosystem and comprehensive portfolio of high-value, high-traffic areas for its products, which are aligned together with Taoping’s smart cloud platform, cloud services and solutions, new media and artificial intelligence. For more information about Taoping, please visit http://en.taop.com.  You can also follow us on X.

Safe Harbor Statement

This press release contains “forward-looking statements” that involve substantial risks and uncertainties. All statements other than statements of historical facts contained in this press release, such as statements regarding our estimated future results of operations and financial position, our strategy and plans, and our objectives or goals, are forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended. We have attempted to identify forward-looking statements by terminology including “anticipates,” “believes,” “can,” “continue,” “could,” “estimates,” “expects,” “intends,” “may,” “plans,” “potential,” “predicts,” “should,” or “will” or the negative of these terms or other comparable terminology. Our actual results may differ materially or perhaps significantly from those discussed herein, or implied by, these forward-looking statements. There are a significant number of factors that could cause actual results to differ materially from statements made in this press release, including: our potential inability to achieve or sustain profitability or reasonably predict our future results due to our limited operating history of providing smart cloud services, the effects of the global pandemic, the emergence of additional competing technologies, changes in domestic and foreign laws, regulations and taxes, uncertainties related to China’s legal system and economic, political and social events in China, the volatility of the securities markets; and other risks including, but not limited to, those that we discussed or referred to in the Company’s disclosure documents filed with the U.S. Securities and Exchange Commission (the “SEC”) available on the SEC’s website at www.sec.gov, including the Company’s most recent Annual Report on Form 20-F as well as in our other reports filed or furnished from time to time with the SEC. The forward-looking statements included in this press release are made as of the date of this press release and the Company undertakes no obligation to publicly update or revise any forward-looking statements, other than as required by applicable law.

Cheche Group to Participate in Maxim Group’s 2025 Virtual Tech Investor Conference: Discover the Innovations Reshaping Tomorrow

BEIJING, May 27, 2025 /PRNewswire/ — Cheche Group Inc. (NASDAQ: CCG) (“Cheche” or the “Company”), China’s leading auto insurance technology platform, today announced that the Company will be participating in an upcoming investor conference.

Maxim Group’s 2025 Virtual Tech Conference: Discover the Innovations Reshaping Tomorrow

Fireside Chat

Who: Lei Zhang, Founder, CEO and Chairman
When: Track 1 from 9:00-9:30a.m. EDT on June 3, 2025
Where: Virtual

Contact Maxim Group salesperson for access.

Safe Harbor Statements

This press release includes “forward-looking statements” within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. Forward-looking statements may be identified by the use of words such as “estimate,” “plan,” “project,” “forecast,” “intend,” “will,” “expect,” “anticipate,” “believe,” “seek,” “target” or other similar expressions that predict or indicate future events or trends or that are not statements of historical matters. These forward-looking statements also include, but are not limited to, statements regarding existing and new partnerships and customer relationships, projections, estimation, and forecasts of revenue and other financial and performance metrics, projections of market opportunity and expectations, the Company’s ability to scale and grow its business, the Company’s advantages and expected growth, and its ability to source and retain talent, as applicable. These statements are based on various assumptions, whether or not identified in this press release, and on the current expectations of the Company’s management and are not predictions of actual performance. These statements involve risks, uncertainties, and other factors that may cause the Company’s actual results, levels of activity, performance, or achievements to materially differ from those expressed or implied by these forward-looking statements. Further information regarding these and other risks, uncertainties, or factors is included in the Company’s filings with the U.S. Securities and Exchange Commission. Although the Company believes that it has a reasonable basis for each forward-looking statement contained in this press release, the Company cautions you that these statements are based on a combination of facts and factors currently known and projections of the future, which are inherently uncertain. The forward-looking statements in this press release represent the views of the Company as of the date of this press release. Subsequent events and developments may cause those views to change. Except as may be required by law, the Company does not undertake any duty to update these forward-looking statements.

About Cheche Group Inc.

Established in 2014 and headquartered in Beijing, China, Cheche is a leading auto insurance technology platform with a nationwide network of around 108 branches licensed to distribute insurance policies across 25 provinces, autonomous regions, and municipalities in China. Capitalizing on its leading position in auto insurance transaction services, Cheche has evolved into a comprehensive, data-driven technology platform that offers a full suite of services and products for digital insurance transactions and insurance SaaS solutions in China. Learn more at https://www.chechegroup.com/en.

U Power Limited Receives “Beyond Impact Award” at the 5th BEYOND International Technology Innovation Expo in Macau

Beyond Impact Award recognizes companies with substantial contributions to the environment, society, economy, and technology, aligning with the UN’s Sustainable Development Goals

SHANGHAI, May 27, 2025 /PRNewswire/ — U Power Limited (Nasdaq: UCAR) (the “Company” or “U Power”), a provider of comprehensive electric vehicle (EV) battery-swapping solutions with a vision of becoming a smart energy grid solutions provider, today announced that it has received the Beyond Impact Award at the 5th BEYOND International Technology Innovation Expo (the “BEYOND Expo”), held from May 21-24, 2025 in Macau.

The BEYOND Expo is Asia’s largest gathering of cutting-edge technology companies and the world’s foremost tech leaders and pioneering minds under the theme “Empowering Asia, Bridging the World.” More than 800 companies exhibited this year, covering a wide range of sectors from AI, HealthTech, Clean Energy and Robotics to Lifestyle Tech, SportsTech, FinTech and more.

The Beyond Impact Award, received by U Power for its advanced battery-swapping comprehensive ecosystem, recognizes companies with substantial contributions to the environment, society, economy, and technology, aligning with the UN’s Sustainable Development Goals. This award is part of the broader BEYOND Awards which acknowledges innovations driving meaningful change, and positive impact on society.

Johnny Lee, CEO of U Power, commented, “We are honored that our UOTTA™-based solutions have been recognized by industry experts at this international expo. The receipt of the Beyond Impact Award is an acknowledgement of our efforts into creating a more sustainable world. Our UOTTA battery-swapping and charging ecosystem for EVs enhances driving efficiency, optimizes route planning, and plays a crucial role in supporting the widespread adoption of EVs. 

Following the successful commencement of the commercial operation of our battery-swapping solutions in mainland China and Thailand, we are on track to debuting our first battery-swapping station in Hong Kong in June 2025, which will also mark Hong Kong’s first full-service taxi-focused battery-swapping station. We have a two-fold strategy; while we continue to expand our geographic footprint into more regional markets via joint ventures, we are also investing in developing comprehensive solutions for manufactures and drivers of EVs, aiming to transform EVs into dynamic assets for smart energy grids.”

About U Power Limited  

U Power is a comprehensive provider of electric vehicle (EV) battery swapping solutions using a its proprietary modular battery-swapping technology, UOTTA™. U Power manufactures and sells different models of UOTTA battery-swapping stations for EVs, and sells and rents battery swap cabinets to two-wheeled vehicle drivers. U Power also provides battery-swapping services for vehicle drivers and station control system upgrading services for battery-swapping station owners.

Through investments in next-generation technologies, U Power’s vision is to become a comprehensive solutions provider for smart energy grids. Expanding on its UOTTA technology platform, the Company is investing in building intelligent ecosystems that integrate resilient AI driven solutions able to transform electric vehicles (EVs) into dynamic energy assets.

For more information, please visit the Company’s website: https://www.upower-limited.com/ 

Safe Harbor Statements

This press release contains “forward-looking statements”. Forward-looking statements reflect our current view about future events. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “could,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “propose,” “potential,” “continue” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results, and encourages investors to review other factors that may affect its future results in the Company’s registration statements and other filings with the U.S. Securities and Exchange Commission. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. References and links (including QR codes) to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.

Contact

At U Power Limited
Investor Relations Department
Email: ir@upincar.com

The Equity Group
Lena Cati, Senior Vice President
212-836-9611
lcati@theequitygroup.com 

Alice Zhang, Associate
212-836-9610
azhang@theequitygroup.com  

Deutsche Bank Accelerates Digital Transformation with IBM’s Software Portfolio

New license agreement gives Deutsche Bank increased access to IBM’s innovative software solutions to accelerate innovation, optimize operations, and enhance customer experience

FRANKFURT and EHNINGEN, Germany, May 27, 2025 /PRNewswire/ — Deutsche Bank (Frankfurt: DBK) and IBM (NYSE: IBM) today announced a continuation of their partnership in the form of a strategic agreement that grants Deutsche Bank further access to IBM’s comprehensive suite of software solutions. This includes IBM’s business and IT automation stack, advanced hybrid cloud products, as well as access to the watsonx AI portfolio. Additionally, Deutsche Bank will benefit from the latest upgrades to the IBM Storage Protect software suite.


These innovative solutions enable Deutsche Bank to further optimize its business processes, IT infrastructure, and services. By leveraging IBM’s technology, Deutsche Bank aims to replace legacy solutions, maximize ROI, and deliver an enhanced customer experience. This agreement marks a significant continuation of the longstanding relationship between the two companies, particularly in relation to Deutsche Bank’s existing software estate.

“IBM is a natural partner for Deutsche Bank’s ambitious technology transformation, and their innovative solutions continue to help optimize and streamline our technology stack,” said Tony Kerrison, Deutsche Bank’s Head of Group Technology Infrastructure and Head of Technology Data and Innovation for the Americas. “Our employment of IBM’s software and tooling strategically complements our ambitions to modernize, simplify and strengthen our technology infrastructure.”

“We are proud that Deutsche Bank has further intensified their relationship with IBM by engaging with our innovative software solution portfolio,” said Dominic Schulz, IBM Global Managing Director for Deutsche Bank. “With access to IBM’s comprehensive offerings, including the innovative watsonx AI and automation portfolio, Deutsche Bank will be able to analyze its data more deeply, simplify complex business processes, and drive IT automation.”

About IBM
IBM is a leading provider of global hybrid cloud and AI, and consulting expertise. We help clients in more than 175 countries capitalize on insights from their data, streamline business processes, reduce costs, and gain a competitive edge in their industries. Thousands of government and corporate entities in critical infrastructure areas such as financial services, telecommunications and healthcare rely on IBM’s hybrid cloud platform and Red Hat OpenShift to affect their digital transformation quickly, efficiently, and securely. IBM’s breakthrough innovations in AI, quantum computing, industry-specific cloud solutions and consulting deliver open and flexible options to our clients. All of this backed by IBM’s long-standing commitment to trust, transparency, responsibility, inclusivity, and service. Visit www.ibm.com for more information.

About Deutsche Bank
Deutsche Bank provides retail and private banking, corporate and transaction banking, lending, asset and wealth management products and services as well as focused investment banking to private individuals, small and medium-sized companies, corporations, governments and institutional investors. Deutsche Bank is the leading bank in Germany with strong European roots and a global network.

Media contact:

Barbara Jax
IBM Corporate Communications
barbara.jax@at.ibm.com

IBM Corporation logo.
IBM Corporation logo.