32.2 C
Vientiane
Thursday, May 15, 2025
spot_img
Home Blog Page 93

Guizhou poised to become major player in global digital economy

GUIYANG, China, May 1, 2025 /PRNewswire/ — According to Communist Party of China Guizhou Gui’an New Area, Guizhou province in Southwest China has emerged as a national computing network hub. There is now ample evidence to show that the “east data, west computing” project, which means “computing the eastern region’s data in the west” of the country, encompasses not only technology transfer, but also the restructuring of production. Guizhou is evolving from being a follower to a leader in the field of computing, setting a new paradigm for other western provinces in China.

Since being designated as a national computing power hub in May 2021, Guizhou has made giant strides in expanding its computing power. By late 2024, its gross computing power had doubled, exceeding 57 EFLOPS (57 quintillion floating-point operations per second), among which intelligent computing accounts for over 90 percent, transforming Guizhou into one of the top intelligent-computing provinces in China.

With clustered intelligent computing centers, including the Huawei Ascend Computing Center, Guizhou has transformed itself from being a “data storage warehouse” to becoming a “computing engine”.

With a considerable number of data centers, Guizhou is poised to build an industry chain centered on computing power and data.

Guizhou has issued 26 incentive policies to promote its development as a national computing hub, and expanded the scope of incentives to attract enterprises from regions such as Guangdong and Sichuan provinces and Beijing to start computing-related businesses in the province. It is planned that it will continually expand its computing capacity based on the clustered data centers in Gui’an and aggregate resources and computing power.

By late 2024, Guizhou had provided 23 percent of the country’s total computing power, and had completed computing transactions worth 11.35 billion yuan ($1.56 billion). It is currently developing diverse application scenarios, and actively cultivating clustered data centers, intelligent terminals and data applications — all with the aim of all three reaching a scale of 100 billion yuan respectively.

Innovation has replaced resources as the province’s primary driving force. Application scenarios have stimulated demand and services. In recent years, Guizhou’s computing power has gained popularity among film-making teams in eastern regions. The major operator of the Gui’an Supercomputing Center has helped render more than 50 films including The Wandering Earth, Deep Sea and The Three-Body Problem. Notably, over 40 percent of the special effects shots in the popular animated film Ne Zha 2 were rendered using computing power generated in Guizhou.

Nevertheless, Guizhou still faces challenges, namely, insufficient endogenous technological advancement, shortage of high-end talents and poor regional coordination. For this reason, Guizhou is sparing no effort to cultivate local innovative teams through projects such as “scientist workstations” and “university-enterprise joint laboratories”. The Gui’an Supercomputing Center, for example, has supported research computing for universities and research institutes in Guizhou in fields such as biomedicine, artificial intelligence and industrial simulation.

The province’s financial authorities guide financial institutions to enhance coordination between the government, finance, and enterprises, thereby assisting sci-tech businesses to secure finance and foster innovation. By last September, the province had 11 bank branches specializing in sci-tech financing, with outstanding loans to technology-based enterprises totaling 99.84 billion yuan, an increase of 2.32 billion yuan compared to early 2024. Notably, loans to high-tech enterprises amounted to 83.38 billion yuan, up 29.82 percent from the start of 2024.

If Guizhou achieves its goal of building China’s largest computing clusters by the end of 2025 as planned, it is poised to become a prominent player in the global digital economy, and better support the country’s modernization.

Zeekr Group Announces April 2025 Delivery Update

HANGZHOU, China, May 1, 2025 /PRNewswire/ — ZEEKR Intelligent Technology Holding Limited (“Zeekr Group” or the “Company”) (NYSE: ZK), the world’s leading premium new energy vehicle group, today announced its delivery results for April 2025.

In April, Zeekr Group delivered a total of 41,316 vehicles across its Zeekr and Lynk & Co brands, marking a 1.5% increase compared to the previous month. This achievement was made possible by the trust and support of over 1.9 million users. Specifically, the Zeekr brand delivered 13,727 vehicles, while Lynk & Co delivered 27,589 vehicles.

The Zeekr 7GT, the brand’s second shooting brake, was launched in China on April 15, 2025. Equipped with advanced silicon carbide-powered e-motors, the vehicle achieves 0-100 km/h acceleration in merely 2.95 seconds under rolling start conditions. With exceptional performance and world-class safety features, the Zeekr 7GT is poised for a strong showing in global markets.

Zeekr Group also unveiled its flagship luxury SUV, the Zeekr 9X, at the Shanghai Auto Show. As the first hybrid model under the Zeekr brand, the Zeekr 9X sets new benchmarks in design, performance, and electrification, marking a major leap forward for the brand. This groundbreaking model is slated for a global launch in the third quarter of 2025.

On April 28, the Lynk & Co brand began deliveries of the Lynk & Co 900, a large six-seater family SUV. Built on the powerful SPA Evo platform, the top-tier variant is equipped with the G-Pilot H7 package, featuring NVIDIA’s DRIVE AGX Thor computing platform with an industry-leading 700 TOPS of processing power. With its expansive interior, cutting-edge technology, and thrilling performance, the model has already garnered over 40,000 pre-orders since its debut in December.

About Zeekr Group

Zeekr Group, headquartered in Zhejiang, China, is the world’s leading premium new energy vehicle group from Geely Holding Group. With two brands, Lynk & Co and Zeekr, Zeekr Group aims to create a fully integrated user ecosystem with innovation as a standard. Utilizing its state-of-the-art facilities and world-class expertise, Zeekr Group is developing its own software systems, e-powertrain, and electric vehicle supply chain. Zeekr Group’s values are equality, diversity, and sustainability. Its ambition is to become a true global new energy mobility solution provider.

For more information, please visit https://ir.zeekrgroup.com.

Safe Harbor Statement

This press release contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, and a number of factors could cause actual results to differ materially from those contained in any forward-looking statement. In some cases, forward-looking statements can be identified by words or phrases such as “may,” “will,” “expect,” “anticipate,” “future,” “target,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” or other similar expressions. Further information regarding these and other risks, uncertainties or factors is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any duty to update such information, except as required under applicable law.

Investor Relations Contact

In China:
ZEEKR Intelligent Technology Holding Limited
Investor Relations
Email: ir@zeekrlife.com

Piacente Financial Communications
Tel: +86-10-6508-0677
Email: Zeekr@thepiacentegroup.com

In the United States:
Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
Email: Zeekr@thepiacentegroup.com

Media Contact

Email: Globalcomms@zeekrgroup.com

Oregon Tool Appoints Terry Hames as CEO

Hames Promoted from President & CFO

PORTLAND, Ore., May 1, 2025 /PRNewswire/ — Oregon Tool, Inc., a global leader in precision cutting tools for the forestry, lawn and garden; farming, ranching and agriculture; and concrete cutting and finishing industries, announced today that current President & Chief Financial Officer Terry Hames has been promoted to Chief Executive Officer.

Hames will succeed Elliot Zimmer, who will transition out of Oregon Tool at the end of April, 2025.

With over 16 years of financial and operational leadership at Oregon Tool, Hames has been instrumental in driving Oregon Tool’s fiscal discipline, strategic growth, and long-term value creation. His deep understanding of the company’s business model, coupled with his ability to navigate complex market dynamics, has made him a trusted leader positioned to guide the company’s growth agenda.

“I’m honored to take on the role of CEO and continue building upon the strong foundation that we’ve established,” said Hames. “Our commitment to supporting our customers, building the best talent in the industry and continuing to leverage our history of innovation, customer satisfaction, and responsible growth remains unwavering as we continue to evolve to meet the needs of our end users.”

About Oregon Tool, Inc.

Oregon Tool, Inc. (“Oregon Tool”) is a global, premium-branded, aftermarket-driven precision cutting-tool platform. The company’s portfolio of brands specializes in professional grade precision cutting tools for forestry, lawn and garden; farming, ranching and agriculture; and concrete cutting and finishing. Headquartered in Portland, Oregon, with a multinational manufacturing and distribution footprint, Oregon Tool sells its products in more than 110 countries under the Oregon®, Woods®, ICS®, Pentruder®, Merit®, and Carlton® brands. The company is the world’s #1 manufacturer of saw chain and guide bars for chainsaws and diamond saw chain for concrete and pipe, a leading manufacturer of agricultural tractor attachments, and the leading OEM supplier of first-fit and replacement parts. Learn more at www.oregontool.com.  

Media Contact
Oregon Tool Communications
communications@oregontool.com 

IBM and Scuderia Ferrari HP Debut Reimagined Mobile App to Supercharge Global Formula 1 Fan Experience

  • IBM brings generative AI to app for the first time via all-new features such as race recaps, historic stats, post-race insights, interactive polls, fan messages, and iconic race highlights
  • Global Tifosi can now experience the Scuderia Ferrari mobile app for the first time in Italian
  • IBM and Scuderia Ferrari HP will continue releasing new app features throughout 2025 to provide fans with non-stop Scuderia Ferrari HP access and engagement

ARMONK, N.Y., May 1, 2025 /PRNewswire/ — IBM (NYSE: IBM) and Scuderia Ferrari HP today introduced a newly reimagined mobile app experience designed to bring the passionate global fanbase of nearly 400 million Tifosi closer than ever to cars, drivers and races they love.

New Scuderia Ferrari app features including Race Centre, Italian language capabilities, Race Summaries and Fan Polls
New Scuderia Ferrari app features including Race Centre, Italian language capabilities, Race Summaries and Fan Polls

Now available in English and – for the first time – Italian, the app includes an all-new Race Centre and Racing Insights built with IBM watsonx delivering a more immersive experience. These AI-powered features aim to bring fans even closer to all the Scuderia Ferrari HP action from race weekend and include:

  • AI-generated race summaries: Post-race recaps of the Scuderia Ferrari HP team’s performance that are available within hours of a race’s conclusion. Using LLMs on watsonx, the team’s complex race data is transformed into compelling narratives that include reflections from the Scuderia Ferrari HP drivers and team principal.
  • Post-race insights and data visualizations: Dynamic visuals, created from technologies on watsonx, that allow fans to interact with and see post-race driver and car data including telemetry, weather, track conditions, session results, car and tire strategies.
  • Historical driver and team insights: Analysis that provides fans with comparisons of key 2025 race moments to past Scuderia Ferrari HP race milestones including car, driver and track moments. These insights are generated by LLMs on watsonx, including IBM Granite, and are embedded within the AI-generated race summaries and other Scuderia Ferrari HP content.

Alongside Race Center, IBM and Scuderia Ferrari have launched new app features designed to deliver fans personalized and interactive fan experiences year-round — 24/7, 365 days a year. These include:

  • Fan messages: Allows fans to send messages directly to the Scuderia Ferrari HP team for the chance to be featured in key team communications including social media posts, team blogs, and more.
  • Interactive fan polls: Daily polls that offer fan voting on a range of Scuderia Ferrari HP topics including qualifying, race performances, and historical and favorite team moments.
  • Iconic races: Race summaries highlighting to fans some of Ferrari’s most famous wins throughout the decades.

IBM and Scuderia Ferrari will continue rolling out new app features throughout 2025 to make the racing season even more exciting. By combining data and AI technologies with the team’s vast amounts of current and historical data, IBM and Scuderia Ferrari are working to reimagine the digital fan experience in ways that deepen the connection between Tifosi, F1 fans, and the world’s most renowned F1 racing team.

“IBM and Ferrari are bound by a shared commitment to progress, innovation and excellence,” said Jonathan Adashek, Senior Vice President of Marketing and Communications at IBM. “With AI, we’re creating a new blueprint for digital fan engagement that brings fans even closer to Scuderia Ferrari whether it’s race weekend or not. The app is built with the same data and analytics technologies used by IBM clients across industries to achieve enhanced customer experiences, help their employees reach new levels of productivity and make more informed, data-driven business decisions.”

“This app is about bringing all our fans closer to the heart of the racing world of Ferrari,” said Lorenzo Giorgetti, Chief Racing Revenue Officer, Ferrari. “With IBM’s cutting-edge AI technology and our shared commitment to innovation and excellence, we are creating a digital experience worthy of the Ferrari name. The project has just been launched and will become more and more comprehensive in the next few months, maximising the potential of the tools that IBM is putting at our disposal. I can’t wait to see the fans interacting with this new app, entering a new dimension of the Ferrari experience.”

Download the redesigned Scuderia Ferrari mobile app, now available on mobile devices, in the Apple App Store and the Google Play Store. Click here to learn more about IBM and Scuderia Ferrari HP.

Statements regarding IBM’s future direction and intent are subject to change or withdrawal without notice, and represent goals and objectives only.

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 the 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 transformations 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 is backed by IBM’s long-standing commitment to trust, transparency, responsibility, inclusivity and service. Visit www.ibm.com for more information.

Media Contact:

Sarah Benchaita
IBM
sarah.benchaita@ibm.com

IBM and Scuderia Ferrari HP Debut Reimagined Mobile App to Supercharge Global Formula 1 Fan Experience
IBM and Scuderia Ferrari HP Debut Reimagined Mobile App to Supercharge Global Formula 1 Fan Experience

 

IBM_LOGO_1
IBM_LOGO_1

 

Eternity Waterproofing Pte Ltd to Enhance Expertise with Thermal Imaging Certification


SINGAPORE – Media OutReach Newswire – 1 May 2025 – Eternity Waterproofing Pte Ltd, a leading provider of waterproofing services in Singapore, is proud to announce that its specialists will soon achieve the Level 1 Infrared Thermography Certification. This globally recognised certification, offered by the Institute of Infrared Thermography (IIRT) Singapore, empowers professionals to utilise advanced thermal imaging technology for precise water leak detection within buildings.

Thermal Imaging Detect Leaking
Thermal Imaging Detect Leaking

The certification underscores the company’s commitment to delivering superior service and ensuring optimal results for its clients. By integrating this cutting-edge technology, Eternity Waterproofing will enhance its ability to provide more effective waterproofing solutions, including roof waterproofing, spalling concrete repair, wall leakage repair, ceiling leakage repair, and a range of other related services.

A Game-Changing Approach to Leak Detection

The incorporation of thermal imaging technology revolutionises the way water leaks are detected. Unlike traditional methods that often involve invasive procedures, thermal imaging enables Eternity Waterproofing’s certified specialists to accurately pinpoint hidden leaks behind walls, ceilings, and floors. This non-invasive technique significantly reduces the risk of additional property damage, minimises the need for exploratory demolition, and accelerates the repair process.

“By integrating thermal imaging into our services, we can offer faster, more accurate diagnoses of water intrusion issues,” said Leo Zi Ming, Director. “This not only saves time and money for our clients but also delivers a more effective, long-term solution to water damage prevention.”

Investing in Technology and Expertise

To meet the rigorous standards of the Certification, Eternity Waterproofing has made significant investments in state-of-the-art infrared cameras and equipment. The company now employs high-resolution thermography cameras from renowned brands such as FLIR and HIKMICRO, which are specifically designed to detect even the slightest temperature variations caused by water intrusion.

Along with advanced cameras, Eternity Waterproofing has also adopted specialised software to interpret and document thermal images, providing more detailed reports and improving diagnostic accuracy. These reports, which can only be generated by licensed professionals, ensure compliance with industry standards and provide clients with reliable documentation for any necessary repairs or insurance claims.

Thermal imaging will be seamlessly integrated with other diagnostic technologies, including moisture meters and pressure testing systems, offering a comprehensive, multi-faceted approach to non-invasive leak detection.

Expanding Opportunities and Building Trust

This certification opens new opportunities for Eternity Waterproofing in key markets, including real estate inspections, insurance assessments, and commercial property maintenance. Certified thermal imaging specialists can offer preemptive leak detection services to property managers, builders, and insurers, ensuring that potential water-related issues are identified early on and prevented before they escalate into costly repairs.

Furthermore, the certification enhances Eternity Waterproofing’s industry credibility, assuring clients that they work with highly trained professionals using the latest technology. This strengthens customer trust, fosters long-term partnerships, and encourages increased referrals.

Hashtag: #thermalimagingcertification #thermalimaging #waterproofing #waterproofingcompany


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

About Eternity Waterproofing Pte Ltd

Founded in 2012, Eternity Waterproofing Pte Ltd has established itself as a with over 12 years of experience. The company specialises in waterproofing a variety of building systems, including pitched roof tiles, RC roofs, metal roofs, and external walls, ensuring that structures remain dry and free from water intrusion.

In addition to its core waterproofing offerings, Eternity Waterproofing offers effective repair solutions for common water leakage issues, such as inter-floor seepage, ceiling leaks, and basement wall leaks. The company also provides concrete and structural repair work, making it a comprehensive, one-stop solution for a wide range of water damage and prevention services. One of their key offerings is the advanced water seepage repair method, which efficiently addresses water penetration problems, ensuring long-lasting results and the protection of your property.

TECNO Launches Shot On CAMON Contest 2025, Empowering Snapshot Mastery with the CAMON 40 Series

HONG KONG, May 1, 2025 /PRNewswire/ — Today, TECNO, an AI-driven innovative technology brand, officially announced the launch of the Shot On CAMON Contest 2025. The annual photography contest now spotlights the groundbreaking FlashSnap function with three submission categories, and is once again inviting smartphone photography enthusiasts worldwide to capture and share life’s extraordinary moments using the award-winning TECNO CAMON 40 Series.

Running from May 1 to September 30, 2025, participants can enter by posting photos taken with the CAMON 40 Series on Instagram using the hashtags #ShotOnCAMON and #TECNOCAMON40Series. The Shot On CAMON Contest 2025 has a $10,000 Grand Prize and generous theme-based awards with more cash prizes, smartphones and even a trip to London up for grabs!

As TECNO’s flagship AI smartphone, the CAMON 40 Series harnesses TECNO AI to deliver a seamless experience. Its innovative One-Tap FlashSnap Mode combines a high-speed shutter with the BestMoment AI algorithm, allowing users to instantly capture clear and stable dynamic scenes. Even in fast-paced environments, users can effortlessly capture professional-grade photos without missing a single moment.

This year’s contest partners once again with Amateur Photographer, the world’s longest-running magazine, ensuring expert and credible judging. With a 78% global reach among enthusiasts, its technical authority and wide appeal are especially valuable in emerging markets. A panel of expert judges from both Amateur Photographer and TECNO’s imaging team will evaluate all entries based on instant capture ability, emotional intention, use of light and color, and composition and image quality.

“Last year’s winners earned a London trip, where we witnessed the creation of many breathtaking and inspiring works,” said Nigel Atherton, the Editor-in-Chief of Amateur Photographer. “Now, we are thrilled to see TECNO bringing professional-level snapshot capabilities to every smartphone user through the CAMON 40 Series, unlocking boundless creative potential. We look forward to seeing this year’s outstanding snapshot entries from around the world.”

Activate FlashSnap to Join a Global Snapshot Journey

Guided by the CAMON 40 Series’ “Perfect Snap Anytime” positioning, the Shot On CAMON Contest 2025 highlights signature FlashSnap Mode, celebrating fast-capture creativity and the power to freeze unforgettable moments in time. The three creative submission categories invite a diverse range of perspectives:

  • Snap Every Pulse: From natural wonders to urban dynamics, this theme invites participants to capture moments that reflect the rhythm of life—whether through dynamic scenes in nature, wildlife, street culture, or city energy.
  • Snap All Fleeting Bonds: Focus on the emotional depth of human connections. This theme welcomes submissions that reflect the warmth between family, friends, and pets.
  • Snap Any Motion: Capture dynamic movement—whether it is everyday actions or high-energy sports. Freeze the thrill of motion in your own visual language.

All entries must feature a visible TECNO watermark and be original content. Duplicate submissions will be disqualified. Complete contest rules and submission guidelines can be found by visiting the official TECNO website and social platforms.

Share Photographic Creativity to Win a London Trip & Amazing Cash Prizes

To enhance accessibility, TECNO has introduced a dedicated submission portal on its global official website, making it easy for users to turn fleeting moments into lasting visual stories. To enter, users should post their shots captured on the CAMON 40 on Instagram with #ShotOnCAMON and #TECNOCAMON40Series and submit high-resolution versions either via email at shotoncamon@tecno-mobile.com or directly through the online portal.

One outstanding photographer will be awarded the Grand Prize of $10,000 and the honorary title of “TECNO Photography Master” — the highest honor of the competition. Each of the three themes will be awarded a Gold Prize ($5,000), Silver Prize ($3,000), and Bronze Prize ($1,000)—resulting in a total of nine category winners. All winning participants stand a chance to join an exclusive Photography Tour in London.

Additionally, the TECNO Friend Prize will award ten CAMON 40 Premier 5G smartphones to the top IG Reels creators. Winning works will also be showcased in global media exhibitions, the TECNO annual photo book, and across TECNO’s official platforms.

To bring the Shot On CAMON spirit closer to users, TECNO will host offline snapshot challenges from June to August at flagship stores in key markets. CAMON 40 Series users will have the opportunity to experience fast-shooting firsthand, capture life’s best moments, and submit entries to the global Shot On CAMON contest. These events will highlight TECNO’s AI imaging capabilities while inspiring creative expression.

The CAMON 40 Series redefines mobile imaging with its innovative FlashSnap technology, helping every user to tell the story of their lives through captivating images. This user-centric approach has boosted the brand’s efforts to democratize premium imaging technologies throughout emerging markets, making TECNO a trusted partner to capture the magic moments of vibrant life.

For more details and contest rules, please visit shotoncamon.com or follow @tecnomobile on Instagram.

 

U.S. Immigration Fund Welcomes Kiem Nguyen as Vice President of Business Development, Head of Southeast Asia Market

PALM BEACH, Fla., May 1, 2025 /PRNewswire/ — U.S. Immigration Fund, a leading EB-5 Regional Center operator, is pleased to welcome Kiem Nguyen as Vice President of Business Development, Head of Southeast Asia Market. With over a decade of experience in the EB-5 investment industry, Kiem brings a deep understanding of investor needs and a strategic vision to further expand U.S. Immigration Fund’s presence in Southeast Asia.

Kiem Nguyen joins U.S. Immigration Fund as Vice President of Business Development, Head of Southeast Asia Market
Kiem Nguyen joins U.S. Immigration Fund as Vice President of Business Development, Head of Southeast Asia Market

Born and raised in Vietnam, Kiem moved to the United States as a teenager, where he pursued his education, earning a B.A. in Economics and an MBA in International Business. Having lived and worked in both corporate roles and with the U.S. government, he offers a unique perspective on the immigration and business landscapes in both regions. Over the years, he has successfully guided numerous investors through the EB-5 process, helping families relocate, establish businesses, and build their futures in the U.S.

Kiem’s extensive experience includes living in California, Florida, and North Carolina, giving him firsthand insight into the diverse economic and cultural environments that new immigrants encounter. His expertise allows him to provide valuable guidance to families looking to invest, live, work, and grow businesses in the U.S.

In his new role at U.S. Immigration Fund, Kiem will focus on strengthening relationships with investors and partners across Southeast Asia, ensuring they have access to top-tier EB-5 investment opportunities. He is committed to enhancing education and transparency around the EB-5 program, empowering investors with the knowledge and confidence to make informed decisions about their future.

“I am excited to join U.S. Immigration Fund and work with a team dedicated to excellence in the EB-5 industry,” said Kiem. “For many investors in Southeast Asia, EB-5 is not just about immigration—it’s about securing better opportunities and a brighter future for their children. I look forward to helping families make informed decisions and achieve their long-term goals.”

Ashley Flucas, Chief Strategy Officer & General Counsel of U.S. Immigration Fund, underscores the firm’s commitment to investor support: “Kiem Nguyen brings a wealth of experience and an extensive network in the Southeast Asian market, making him an invaluable addition to our team as Vice President of Business Development, Head of South East Asia. His expertise will allow us to further support investors in navigating the EB-5 program with confidence. We look forward to working alongside Kiem as we continue our mission of providing world-class service and opportunities for those seeking to invest in the United States.”

Since its founding, U.S. Immigration Fund has helped thousands of families navigate the EB-5 process, successfully funding large-scale real estate projects with billions in investment capital. With Kiem’s leadership, U.S. Immigration Fund will continue expanding its global reach, providing exceptional service and investment opportunities to families in Southeast Asia seeking U.S. residency.

For more information or to schedule a consultation with Kiem Nguyen, use the links below.

Book a Consultation with Kiem

Visit our website

 

A Pivotal Phase II/III Clinical Study of Anti-HER2 Bispecific Antibody KN026 Have Met the Primary Endpoint of PFS at Interim Analysis

SUZHOU, China, May 1, 2025 /PRNewswire/ — Alphamab Oncology (stock code: 9966.HK) and CSPC Pharmaceutical Group Co., Ltd. (“CSPC”) (Stock Code: 1093.HK) jointly announced that a phase II/III clinical trial of anti-HER2 bispecific antibody KN026 (Study ID: KN026-001) in combination with chemotherapy as second-line or above treatment of HER2-positive gastric cancer (GC) (including gastroesophageal junction cancer (GEJ)), has completed the first interim analysis and met the pre-specified primary endpoint of progression-free survival (PFS) as evaluated by an Independent Data Monitoring Committee (IDMC), with both statistical significance and clinical relevance.

KN026-001 is a randomized, multicenter, Phase II/III clinical study designed to evaluate the efficacy of KN026 in combination with chemotherapy inpatients with HER2-positive advanced, unresectable, or metastatic GC (including GEJ) who have failed first-line treatment. Part 2 of KN026-001 is a randomized, double-blind, placebo-controlled Phase III study. Patients with HER2-positive GC (including GEJ) who had previously received and failed at least first line standard treatment were enrolled and randomized 1: 1 to receive either KN026 in combination with chemotherapy or placebo in combination with chemotherapy. The primary endpoints of this study are PFS and overall survival (OS) as assessed by the Independent Review Committee (IRC).

The interim PFS analysis results demonstrated that, compared to the current standard treatment, KN026 in combination with chemotherapy significantly improved PFS, reduced the risk of disease progression or death, and showed a trend toward OS benefit. Detailed data from this study will be presented at an upcoming international academic conference.

About KN026

KN026 is an anti-HER2 bispecific antibody independently developed by Alphamab Oncology using the proprietary Fc-based heterodimer bispecific platform technology called CRIB (Charge Repulsion Induced Bispecific). KN026 can simultaneously bind two non-overlapping epitopes of HER2, leading to HER2 signal blockade. KN026 has demonstrated better tumor inhibition in HER2-positive tumor cell lines compared with trastuzumab and pertuzumab in combination. Additionally, KN026 has also shown inhibitory effect on tumor cells with trastuzumab-resistant cell lines.

The results of multiple clinical studies in different stages showed that KN026 has significant anti-tumor activities, even in heavily pretreated patients with HER2-positive breast cancer (BC) and gastric cancer (GC), including those with prior anti-HER2 treatment. Currently, several pivotal clinical trials of KN026 for the second-line and beyond treatment of HER2-positive GC/gastroesophageal junction cancer (GEJ), the first-line treatment of HER2-positive BC, neoadjuvant treatment for HER2-positive BC are being conducted. KN026 in combination with chemotherapy for the treatment of patients with HER2-positive GC (including GEJ) who have failed first-line standard treatment was granted breakthrough therapy designation by the Center for Drug Evaluation (CDE) of the National Medical Products Administration of China (NMPA).

In August 2021, the Company entered an agreement with JMT-Bio Technology Co., Ltd. (“JMT-Bio”), a wholly-owned subsidiary of CSPC Pharmaceutical Group Co., Ltd. (“CSPC”) (stock code: 1093.HK), for the development and commercialization of KN026 in Mainland China, pursuant to which, JMT-Bio was granted exclusive license rights of KN026 for the development and commercialization in the indications of BC an GC/GEJ in Mainland China (excluding Hong Kong, Macau and Taiwan).

About Alphamab Oncology

Alphamab Oncology is an innovative biopharmaceutical company focusing on oncology therapeutics. By leveraging its proprietary core technology platforms including single-domain antibodies, bispecific antibodies, glycan-specific conjugation, linker-payload, dual-payload antibody conjugation, and subcutaneous high concentration formulation for biologics, the Company has established a differentiated and globally competitive product portfolio, covering cutting-edge areas such as antibody-drug conjugates (ADCs), bispecific antibodies, and single-domain antibodies.

The Company has one product approved for marketing (Envafolimab, the world’s first subcutaneously injectable PD-(L)1 inhibitor), which has made a significant breakthrough in the convenience and accessibility of cancer treatment. Additionally, the Company has multiple bispecific antibodies and bispecific ADCs in clinical stage, while rapidly advancing the preclinical pipeline prioritizing bispecific ADCs and dual-payload ADCs. Multiple strategic collaborations based on innovative products or technology platforms have been established with partners such as CSPC, ArriVent, and Glenmark.

Our overarching mission is to make cancer manageable and curable by addressing unmet clinical needs in oncology. Alphamab Oncology is continuously dedicated to the development of effective, safe, and globally competitive anti-tumor drugs to benefit patients.