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Hong Kong’s Premier International Intercollegiate Tech Event “Hong Kong Techathon+ 2025” Uniting Over 1,800 Global Tech Talent From Leading Local and Overseas Institutions


HONG KONG SAR – Media OutReach Newswire – 22 January 2025 – The annual flagship event in the innovation and technology (I&T) sector, the Hong Kong Techathon+ 2025, co-organised by the Hong Kong Science and Technology Parks Corporation (HKSTP) and local higher education institutions, has successfully concluded on 19 January. This year’s event reached a new record in participation, attracting over 1,800 local and international talents in I&T, forming over 380 teams.

Co-organised by HKSTP and local higher education institutions, the Hong Kong Techathon+ 2025, an annual intercollegiate I&T event, reached a new record in participation this year, attracting over 1,800 local and international talents in I&T, forming over 380 teams.
Co-organised by HKSTP and local higher education institutions, the Hong Kong Techathon+ 2025, an annual intercollegiate I&T event, reached a new record in participation this year, attracting over 1,800 local and international talents in I&T, forming over 380 teams.

The participants included more than 100 non-local innovators and 40 teams from the mainland China, the US, Malaysia, Thailand, Singapore, Taiwan, Macao, Australia, Portugal, and Brazil, who travelled to Hong Kong specifically to compete in this prestigious contest for 10 Gold Awards and the New Innovation Award under four themes, namely Trusted AI and & Data Science, Sustainability and Environment, Social and Governance (ESG, Digital Economy and Smart Cities. Finally, the team “Eleuto” from The Hong Kong University of Science and Technology won the Gold Award in the category of Sustainability and ESG under the Local University Student Group as well as the New Innovation Award by creating a communication solution for the paralyzed who are unable to speak or type.

Now in its ninth year, the Hong Kong Techathon+ aims to build a global, intercollegiate platform that connects I&T talents and startups from both local and international backgrounds. The event promotes mutual learning and exchange among these talents and startups, deepens their understanding of Hong Kong’s I&T ecosystem, and provide opportunities to international innovators and teams to develop their projects in Hong Kong and eventually join the city’s I&T ecosystem.

Offering More I&T Opportunities for Overseas Talent and Startups
The Hong Kong Techathon+ event, co-organised by HKSTP and 13 local tertiary institutions, featured 10 returning universities from last year: City University of Hong Kong, Hong Kong Baptist University, Hong Kong Metropolitan University, Lingnan University, The Chinese University of Hong Kong, The Education University of Hong Kong, The Hang Seng University of Hong Kong, The Hong Kong Polytechnic University, The Hong Kong University of Science and Technology, and The University of Hong Kong. Additionally, this year welcomed three institutes under the Vocational Training Council – Technological and Higher Education Institute of Hong Kong, Hong Kong Institute of Vocational Education, and Hong Kong Institute of Information Technology. The event also has 18 overseas partnering institutions supporting the recruitment of overseas contestants.

This year marks the second consecutive edition of the Hong Kong Techathon+ with participation from non-local tech startups. Representatives from leading international institutions, including the University of California, San Diego from the US, National University of Singapore, Chulalongkorn University in Thailand, and the University of Queensland in Australia, took part in the competition. Additionally, HKSTP specially arranged a five-day immersive programme, including a variety of tours and lectures for the non-local tech startups participating in the competition. These included a visit to the Hong Kong Science Park Shenzhen Branch, aimed at deepening their understanding of the I&T ecosystems in Hong Kong and the Greater Bay Area. Meetings with investors were arranged before the competition for the non-local teams. Experienced mentors from relevant sectors also provided guidance to the contestants.

Albert Wong, CEO of HKSTP, said during the opening ceremony, “For many years, HKSTP has been relentlessly promoting the development of I&T in Hong Kong. This year, the Hong Kong Techathon+ 2025 has expanded its network of partners both locally and internationally, attracting an even greater number of I&T talents and startups from the city and beyond. Through this competition, participants can learn from one another and inspire each other’s creativity. I wholeheartedly wish all the outstanding teams success as they pursue their dreams of innovation and harness technology to create a positive impact on the world.”

Over 100 Teams Compete for HK$10 Million in Seed Funding Across Four Major Themes
During the finale, competing teams developed innovative and feasible solutions within four major themes: “Trusted AI & Data Science”, “Sustainability & ESG”, “Digital Economy” and “Smart Cities”. The competition included both local and non-local tracks for university teams respectively. For local tracks it further divided into student and open groups. In addition to receiving a cash prize of HK$10,000, the gold medal winners of each category also competed on site for the New Innovation Award with a prize of HK$100,000.

All winning teams will receive initial startup capital as well as eligibility for various incubation support programmes from co-organisers and partners* including direct admission into HKSTP’s Ideation Programme and have chance to get access to over HK$10 million in seed funding, where they will further develop their innovative ideas with comprehensive entrepreneurial support and gain practical experience to help them evolve into the next generation of I&T entrepreneurs.

Amazon Web Services (AWS) is Hong Kong Techathon+ 2025’s exclusive tech enabler. Robert Wang, Managing Director, Hong Kong & Taiwan, AWS, said, “AWS has been committed to providing leading technologies and platforms for startups since day 1. Our long-term collaboration with HKSTP through co-development programme has led to many successful projects in the areas of cloud and artificial intelligence (AI). This year, we are pleased to be the exclusive technology enabler for Hong Kong Techathon+ 2025. Through our leading expertise and technology in cloud and AI, combined with the efforts of HKSTP in nurturing creativity and innovative talent, we will continue to contribute to building a thriving innovation and technology ecosystem in Hong Kong.”

*Subject to the admission criteria of respective programmes

List of Awardees of the HK Techathon+ 2025:

New Innovation Award
Winning Team: Eleuto
Tertiary Institution: The Hong Kong University of Science and Technology

Local Student Group

Technology Theme

Award

Winning Team

Tertiary Institution

Trusted AI & Data Science Gold Cofluence The Hong Kong University of Science and Technology
Sustainability & ESG Gold Eleuto The Hong Kong University of Science and Technology
Digital Economy Gold AIVOICE LIMITED The Hong Kong University of Science and Technology
Smart Cities Gold ReTouch The Chinese University of Hong Kong

Local Open Group

Technology Theme

Award

Winning Team

Tertiary Institution

Trusted AI & Data Science Gold EmoFriends The Hong Kong Polytechnic University
Sustainability & ESG Gold JAPJAP – zero food waste The Hong Kong Polytechnic University
Digital Economy Gold i Vision The Education University of Hong Kong
Smart Cities Gold Edge AI-assisted health monitoring system based on optical fiber sensor The Hong Kong Polytechnic University

Non-local Group

Technology Theme

Award

Winning Team

Tertiary Institution

AI & Digital Economy Gold DeepChem Automatic Intelligent Synthesis Platform Beihang University

(participate the Techathon+ via the

International Strategic Technology Alliance)

Sustainability & Smart Cities Gold Spatiotemporal integrated eDNA high-resolution intelligent monitoring of biodiversity Nanjing University (participate the Techathon+ via the

International Strategic Technology Alliance)

Hashtag: #HKSTP

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

LEE KUM KEE CELEBRATES ASIAN CUISINE AND CULTURE IN GLOBAL “FLAVORS THAT BIND” CAMPAIGN

Beloved brand unveils new global brand positioning at Lunar New Year,
highlighting the universal power of togetherness, tradition, and shared culinary experiences

HONG KONG, Jan. 22, 2025 /PRNewswire/ — Iconic Asian culinary brand Lee Kum Kee today introduced its new brand positioning – “Enabling Superior Experiences through Asian Cuisine” – and launched its first global brand campaign. The centerpiece of the FLAVORS THAT BIND campaign is an impactful brand film that celebrates Lee Kum Kee’s values of culinary heritage and culture while inviting the world to experience new traditions and togetherness at Lunar New Year and beyond.

Iconic Asian culinary brand Lee Kum Kee launches its first global brand campaign, FLAVORS THAT BIND. The centrepiece is an impactful brand film that celebrates Lee Kum Kee’s values of culinary heritage and culture while inviting the world to experience new traditions and togetherness at Lunar New Year and beyond.
Iconic Asian culinary brand Lee Kum Kee launches its first global brand campaign, FLAVORS THAT BIND. The centrepiece is an impactful brand film that celebrates Lee Kum Kee’s values of culinary heritage and culture while inviting the world to experience new traditions and togetherness at Lunar New Year and beyond.

“Founded 137 years ago, Lee Kum Kee remains true to its mission of promoting Chinese culinary culture worldwide while advancing the reach and influence of Asian cuisine to meet the growing global appetite for new and exciting flavors. As Asian food, music, and cinema increasingly resonate with people around the world, Lee Kum Kee is seizing this moment to further champion Asian culinary traditions and culture,” Jet Jing, Chief Executive Officer of Lee Kum Kee Sauce, explains. “Through our new brand positioning, we aim to inspire creativity and foster connections to enable superior experiences for people everywhere through Asian cuisine.”

The FLAVORS THAT BIND film captures cherished moments from Lunar New Year tables worldwide. From dumpling-making with a much-loved grandmother to laughter and cheers with friends and family, it celebrates the role of food in connecting generations and communities. It is an invitation from Lee Kum Kee for everyone to savor the richness of culture, reconnect over meals, and create memories that last a lifetime.

“With the launch of our new brand campaign, Lee Kum Kee celebrates its evolution as a global gateway to Asian culinary culture, representing the diversity, richness, and expressivity of Asian flavors on a global stage,” Doreen Cheng, Chief Marketing Officer of Lee Kum Kee Sauce, says. “For us, ‘global’ is not restricted to geography – it’s an attitude of authentic inclusiveness, where the flavors, traditions, and togetherness we celebrate resonate universally, this spirit is at the heart of our campaign. Through the brand film, we aim to preserve our heritage while inspiring chefs and food lovers to connect with Asian cuisine in meaningful ways.”

The FLAVORS THAT BIND campaign is being rolled out from today across traditional and social media platforms, with the evocative brand film taking over global landmarks in New York, London, Hong Kong and Shanghai.
The FLAVORS THAT BIND campaign is being rolled out from today across traditional and social media platforms, with the evocative brand film taking over global landmarks in New York, London, Hong Kong and Shanghai.

The FLAVORS THAT BIND campaign is being rolled out from today across traditional and social media platforms, with the evocative brand film taking over global landmarks in New York, London, Hong Kong and Shanghai.

With a richly flavorful heritage of 137 years, Lee Kum Kee is synonymous around the world with the authentic tastes of Asia. In the 1920s, it travelled alongside immigrants from China to the U.S., providing a taste of home in an unfamiliar land and also enabling their entrepreneurial dreams, with ingredients and sauces that were the building blocks of modern Chinese-American cuisine. The brand continues to promote culinary culture and support the global food industry’s growth and innovation to this day. In June 2024, it became the first Official Sauce and Condiment Partner of The World’s 50 Best Restaurants.

As the conversation around Asian food and culture continues to evolve, Lee Kum Kee aims to stay at the forefront of this dialogue by celebrating Asian heritage while welcoming new consumers to explore the vibrant and sensorial flavors of Asian cuisine. With a growing presence in more than 100 countries and regions, Lee Kum Kee remains a global gateway for professional and home chefs alike to explore, innovate, and create superior culinary experiences in kitchens and restaurants worldwide.

With the launch of its new brand campaign, Lee Kum Kee celebrates its evolution as a global gateway to Asian culinary culture, representing the diversity, richness, and expressivity of Asian flavours on a global stage.
With the launch of its new brand campaign, Lee Kum Kee celebrates its evolution as a global gateway to Asian culinary culture, representing the diversity, richness, and expressivity of Asian flavours on a global stage.

Watch the FLAVORS THAT BIND brand film here.

YouTube: Flavors That Bind | Lee Kum Kee

Facebook: https://www.facebook.com/leekumkee.jp

Instagram: https://www.instagram.com/leekumkee.jp/?locale=ja_JP

Twitter: https://x.com/leekumkeejp

Please download the hi-res photos here.

ABOUT LEE KUM KEE

Lee Kum Kee is the global gateway to Asian culinary culture, dedicated to promoting Chinese culinary culture worldwide. Since 1888, it has brought people together over joyful reunions, shared traditions, and memorable meals. Beloved by consumers and chefs alike, Lee Kum Kee’s range of more than 300 sauces and condiments sparks creativity in kitchens everywhere, inspiring professional and home chefs to experiment, create, and delight. Headquartered in Hong Kong, China and serving over 100 countries and regions, Lee Kum Kee’s rich heritage, unwavering commitment to quality, sustainable practices, and “Constant Entrepreneurship” combine to enable superior experiences through Asian cuisine for people worldwide. For more information, please visit www.LKK.com.

CNOOC Limited Announces Its 2025 Business Strategy and Development Plan

HONG KONG, Jan. 22, 2025 /PRNewswire/ — CNOOC Limited (the “Company”, SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) today announces its business strategy and development plan for the year 2025.

  • Maintain stable capital expenditure, with net production set to exceed 2 million barrels of oil equivalent (BOE) per day
  • Annual payout ratio will be no less than 45% over the next three years

In 2025, the Company’s production will continue to grow and daily net production will exceed 2 million BOE. The net production target for the year is 760 million to 780 million BOE, of which, the production from China and overseas accounts for approximately 69% and 31%, respectively. The net production target is 780 million to 800 million BOE in 2026, and 810 million to 830 million BOE in 2027. In 2024, the net production is estimated to be approximately 720 million BOE, setting record highs for 6 consecutive years.

The Company’s capital expenditure will remain flat. In 2025, the total capital expenditure is budgeted at RMB125 to RMB135 billion, of which, the capital expenditures for exploration, development and production will account for approximately 16%, 61% and 20% of the total, respectively. The Company’s capital expenditure for the year 2024 has been well implemented, which is expected to reach approximately RMB132 billion.

The Company endeavors to search for large and medium-sized oil and gas fields, to strengthen the resource base for reserves and production growth. In 2025, the capital expenditure for exploration in China will mainly be directed to sustain crude oil reserves while expand natural gas reserves, led by the construction of the three trillion-cubic-meters-level gas regions. For overseas exploration, the Company will continue to focus on the Atlantic Ocean rim and the “Belt and Road” countries. Drilling will continue in Guyana and rolling exploration is planned in Nigeria. Seismic survey will be conducted in Mozambique and Iraq. At the same time, the Company will continue to seek for high quality acreage, especially operating assets.

The Company will promote exploration and development integration, as well as engineering standardization, to accelerate the conversion of reserves into production. In 2025, multiple important new projects will be brought on stream, including Bozhong 26-6 Oilfield Development Project (Phase I) and Kenli 10-2 Oilfields Development Project (Phase I) in China, as well as Yellowtail Project in Guyana and Buzios7 Project in Brazil.

While increasing reserves and production, the Company will actively promote technological innovation and green development. In 2025, the Company will continue the researches on key oil and gas exploration and development technologies and build intelligent oil and gas fields. Relying on the “Hi-Energy” artificial intelligence model, the Company will facilitate the in-depth integration of digital intelligence technology with the oil and gas business to promote lean management. The Company will drive the integrated development of hydrocarbon sector and new energy sectors. The scale of offshore wind power will be gradually expanded. Onshore photovoltaic projects will be screened and built. Green power substitution will be expedited. In 2025, the green electricity consumption is expected to exceed 1 billion kWh, with an increase of 30% year-on-year. The Company has incorporated carbon price into investment evaluation process, and has been advancing the regional CCS/CCUS pilot projects.

The Company attaches great importance to ESG and improves the Company’s development strategy and governance system with ESG concepts. In terms of Environment, the Company has put environmental protection and energy conservation as priorities. Green development and emission reduction policies have been released and measures have been taken to proactively address the challenges of climate change. In terms of Society, the Company has endeavored to serve the society, create harmony, and benefit the people. The Company has been actively participating in public welfare undertakings to respond to social needs. In terms of Governance, the Company adheres to high standards of compliance and governance, strengthens the construction of the board of directors, and continuously improves the corporate governance system to achieve sustainable development.

The Company has placed great emphasis on shareholder returns and shared the fruits of development with shareholders. Subject to the approval of the general meeting of shareholders, for the years 2025 to 2027, the expected annual dividend payout ratio will be no less than 45%. By adhering to the principle of returning to shareholders, the Company will adjust the above dividend policy based on changes in the market environment, while taking into account factors such as the shareholders’ opinions, strategic planning, and operating results.

Mr. Zhou Xinhuai, CEO of the Company, said, “In 2025, CNOOC Limited will solidly push forward the three key programs of increasing reserves and production, technological innovation and green development, to drive the Company’s high-quality and steady development. We will actively share the fruits of development with our shareholders while enhancing our capability of value creation.”

— End —

Notes to Editors:

More information about the Company is available at http://www.cnoocltd.com

*** *** *** ***

This press release includes forward looking information, including statements regarding the likely future developments in the business of the Company and its subsidiaries, such as expected future events, business prospects or financial results. The words “expect”, “anticipate”, “continue”, “estimate”, “objective”, “ongoing”, “may”, “will”, “project”, “should”, “believe”, “plans”, “intends” and similar expressions are intended to identify such forward-looking statements. These statements are based on assumptions and analyses made by the Company as of this date in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that the Company currently believes are appropriate under the circumstances. However, whether actual results and developments will meet the current expectations and predictions of the Company is uncertain. Actual results, performance and financial condition may differ materially from the Company’s expectations, including but not limited to those associated with macro-political and economic factors, fluctuations in crude oil and natural gas prices, the highly competitive nature of the oil and natural gas industry, climate change and environmental policies, the Company’s price forecast, mergers, acquisitions and divestments activities, HSSE and insurance policies and changes in anti-corruption, anti-fraud, anti-money laundering and corporate governance laws and regulations.

Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements. The Company cannot assure that the results or developments anticipated will be realised or, even if substantially realised, that they will have the expected effect on the Company, its business or operations.

*** *** *** ***

For further enquiries, please contact:
Ms. Cui Liu
Media & Public Relations
CNOOC Limited
Tel: +86-10-8452-6641
Fax: +86-10-8452-1441
E-mail: mr@cnooc.com.cn 

Mr. Bunny Lee
Porda Havas International Finance Communications Group
Tel: +852 3150 6707
Fax: +852 3150 6728
E-mail: cnooc.hk@pordahavas.com 

State Grid Bortala Electric Power Supply Company Ensures Smooth Railway Transport During the Spring Festival Travel Rush

BORTALA, China, Jan. 22, 2025 /PRNewswire/ — On January 20, State Grid Bortala Electric Power Supply Company organized a team of employees to conduct inspections on the 110 kV Huanggu transmission line, ensuring its safe and stable operation during the Spring Festival. The 110 kV Huanggu line serves as a critical power supply for the Jingyihuo Railway, which traverses the Achar mountain region in Jinghe County. With the Spring Festival approaching, railway transport has experienced dual peaks in passenger traffic and logistics, making reliable power supply essential for the smooth operation of trains. Therefore, inspection work must be stringent and thorough.

Due to cold weather conditions, drone batteries are prone to failure, rendering them unsuitable for inspection tasks. Consequently, prior to the Spring Festival, Bortala Company planned manual inspections to ensure the reliability of this vital transmission line. During the inspection process, employees considered the geographical location and electricity load characteristics of the 110 kV Huanggu line area. For important transmission channels, special sections, and critical crossing points, the inspection frequency was increased, and comprehensive checks were conducted on the line’s operating environment, foundations, insulators, and connection points to guarantee its safe and stable operation.

Deng Yunchen, an inspector, noted that “as one of the key transmission lines for Jingyihuo railway power supply, the 110 kV Huanggu line operates in a complex and harsh environment, passing through mountainous areas and the Gobi Desert, which poses significant challenges to inspection work.” To date, 281 base poles and towers along the 110 kV Huanggu line have been inspected, with no potential hazards identified. Moving forward, the company will strictly adhere to the Spring Festival power supply assurance requirements, fully commit to promoting these efforts, closely monitor weather changes, conduct focused inspections on critical load lines, and implement multiple measures to ensure stable and orderly power supply during the Spring Festival, safeguarding the lights of Bortala with practical actions.

Be My Guest: The Peak Episode

GUIYANG, China, Jan. 22, 2025 /PRNewswire/ — Guizhou, located in the heart of southwestern China, features a landscape shaped by a mix of plateaus, mountains, hills, and basins. Known as “a Heaven of Myriad Mountains”, Guizhou boasts karst peaks, highland lakes, deep gorges, waterfalls, sinkholes, and crevices, making it an ideal destination for mountain tourism and outdoor adventures.


Be My Guest: The Peak Episode

The short video series “Be My Guest • Focus Guizhou“, produced by Guizhou Satellite TV and the International Communication Center of Guizhou Radio and Television Station, features international photographers exploring the vibrant and diverse Guizhou. Through their cameras, the series captures their authentic experiences and the rich culture of Guizhou.

In this episode, Ivan Mendelevich, a professional photographer and motorcycle enthusiast from Argentina, accepts an invitation from his friend Wang Menghan to embark on a thrilling “peak-chasing” journey across Guizhou.

Their adventure begins at the Wanfenglin Scenic Area in Xingyi, where they weave through the karst peaks on motorcycles, feeling the wind roaring in their ears. Over 300 years ago, Xu Xiake, a renowned explorer and travel log writer of the Ming dynasty, praised Wanfenglin, saying, “Peaks abound across the world, but only here do they form a forest.” Today, Ivan takes to the skies on a paraglider, embracing the open air and marveling from above at the unique landscape of Wanfenglin, or Forest of Ten Thousand Peaks.

Next, Ivan and Wang visit the Xingyi Guizhou Dragon Fossil In-Situ Protection Museum to explore fossils of the Guizhou Ichthyosaur, ancient marine reptiles from over 200 million years ago. They learn about the region’s geological history from the museum guide.

Their journey concludes at Mount Fanjing, where Ivan captures breathtaking views of a starlit sky and the soft light of dawn with his camera. At the Mount Fanjing Wildlife Rescue Center, he encounters the Guizhou golden monkey, a rare and endangered species listed as China’s national first-class protected wild animal and often called the “special, and only child of the Earth,” hidden deep within the mountain’s pristine forests.

Guizhou has truly amazed me! Next time, I will come back together with my family and friends to discover more landscapes of the region,” Ivan says. This exhilarating and adventurous journey gave him a glimpse of Guizhou’s distinctive charm, leaving him eager to return for his next exploration.

https://youtu.be/Xk-rCuYy7d8

LANZAJET SELECTS TEESSIDE’S WILTON INTERNATIONAL FOR ITS NEXT SUSTAINABLE AVIATION FUEL PRODUCTION FACILITY – PROJECT SPEEDBIRD

TEESSIDE, England, Jan. 22, 2025 /PRNewswire/ — LanzaJet, a leader in Sustainable Aviation Fuel (SAF)1 technology and producer of SAF, today announced the selection of the site for their next production facility, Project Speedbird, in Teesside’s Wilton International.

LanzaJet has partnered with Sembcorp Utilities (UK) Limited, a wholly-owned entity of Sembcorp Industries Ltd, to develop an ethanol-to-SAF facility at Wilton International in Teesside, UK. Through a collaboration with British Airways, Project Speedbird will produce over 90,000 tonnes (30 million gallons) of SAF and renewable diesel annually.

Project Speedbird, a recipient of grant funding by the UK government under the Advanced Fuels Fund, is likely to generate significant regional benefits and create around 30 highly skilled, long-term roles within LanzaJet’s operations. The fuel produced is expected to reduce the net carbon dioxide emissions by approximately 230,000 tonnes per year – equivalent to 26,000 British Airways UK domestic flights.

“Wilton International was selected for its strategic location and advanced infrastructure, essential for SAF production. This selection underscores Teesside’s pivotal role in the UK’s energy transition and industrial decarbonisation efforts. By leveraging Wilton International’s capabilities, the project enhances the region’s status as a leader in alternative energy initiatives, contributing significantly to the UK’s clean energy objectives,” said Jimmy Samartzis, CEO of LanzaJet.

“Through our collaboration with British Airways, we are building a local supply chain for SAF – a critical solution for reducing lifecycle net carbon emissions in aviation – while supporting the UK’s ambition to lead the energy transition. Project Speedbird demonstrates the potential of aligning technology, investment, and partnerships to address the aviation industry’s carbon emissions.”

The facility will utilise LanzaJet’s proprietary alcohol-to-jet technology, deployed at its Freedom Pines Fuels facility in Georgia, USA, the world’s first commercial ethanol-to-SAF production plant. Project Speedbird will produce SAF from sustainably sourced ethanol. Project Speedbird will also establish key collaborations across the region to further bolster the local economy.

Carrie Harris, Director of Sustainability at British Airways, said: “We are delighted that LanzaJet has selected Wilton International in Teesside as the site for Project Speedbird. This milestone paves the way for the next stage of this innovative project, which is an important step towards scaling up sustainable aviation fuel production in the UK. SAF will be crucial in helping us reach our net zero goals by 2050, and this development marks significant progress towards producing UK SAF, whilst also supporting local communities and creating green jobs.”

“We are pleased to welcome LanzaJet to our Wilton International site in Teesside. By providing ready-to-go infrastructure, energy and utilities services, we support their efforts in developing sustainable and low-carbon solutions. This collaboration aligns with our commitment to accelerating the UK’s energy transition and industrial decarbonisation. We look forward to partnering with LanzaJet as they play a pivotal role in transforming the aviation sector towards net zero,” said Mike Patrick, Chief Executive Officer of Sembcorp Energy UK.

ABOUT LANZAJET

LanzaJet is a leading alternative fuels technology and engineering company dedicated to accelerating the transition in aviation. As a Sustainable Aviation Fuel (SAF) technology provider and producer with patented ethanol-based alcohol-to-jet (ATJ) technology, LanzaJet is creating an opportunity for future generations by accelerating the deployment of SAF and other technologies critical to transforming the aviation fuel market. LanzaJet was named TIME100 Most Influential Companies for 2024. Further information is available at https://www.lanzajet.com/.

1Defined in the Refuel EU Aviation Regulation as aviation fuels that are either synthetic aviation fuels, aviation biofuels or recycled carbon aviation fuels. SAF produces similar levels of carbon dioxide to conventional aviation fuels when burned, but the carbon dioxide generated is already part of the carbon cycle and is not extracted from the ground specifically for creating aviation fuel. This means that using SAF results in a reduction in carbon emissions compared to the traditional jet fuel it replaces over the lifecycle of the fuel.

Trina Storage Releases Insightful White Paper on Advanced Battery Cell Technology for Energy Storage Systems

MUNICH, Jan. 22, 2025 /PRNewswire/ — Trina Storage, a global leader in energy storage solutions, proudly unveils its latest White Paper: Advanced Battery Cells for Energy Storage Systems. This forward-looking publication delivers an in-depth examination of state-of-the-art battery cell technologies and their transformative role in shaping the future of energy storage. By addressing key innovations, market trends, and technical advancements, the white paper provides a valuable resource for industry stakeholders navigating the rapidly evolving energy landscape.

Trina Storage Releases Insightful White Paper on Energy Storage Battery Cell
Trina Storage Releases Insightful White Paper on Energy Storage Battery Cell

Key Insights into Energy Storage Battery Cell Technology

Technological Features and Market Trends

The white paper explores the specialized features of energy storage cells, including extended cycle life, high consistency, and enhanced safety. These advancements are shaping the future of energy storage, making systems more efficient and cost-effective while ensuring compatibility with diverse application scenarios such as utility-scale storage, industrial systems, and residential solutions.

Large-Capacity, High-Performance Battery Cells

As the demand for energy storage grows, the industry is seeing a shift toward large-capacity and long-lifespan battery cells. The white paper delves into how these innovations minimize project footprints, reduce costs, and optimize system performance, providing scalable solutions for the growing renewable energy market.

Innovation Driving Safety and Performance

The paper explores innovations in materials, including advancements in electrolytes, separators, and structural designs, which collectively enhance safety and energy efficiency. By combining material innovation with optimized structural approaches, the industry is achieving solutions that align with evolving standards and market requirements.

Comprehensive Testing and Validation

The white paper underscores the critical role of rigorous testing and validation in battery cell development. Adhering to stringent international safety standards ensures that modern energy systems deliver exceptional reliability and performance, meeting the diverse demands of a rapidly growing market.

“As the energy storage market accelerates toward larger capacities and enhanced safety standards, our White Paper on Energy Storage Battery Cells is designed to provide actionable insights for industry stakeholders. At Trina, we continue to push the boundaries of innovation, ensuring our solutions meet the highest performance and safety standards.” Said Shawn Deng, Head of Global Product at Trina Storage.

Backed by decades of experience in the renewable energy sector, Trina Storage is committed to advancing the global energy transition with sustainable, efficient, and reliable energy storage solutions.

Click here to view and download the complete white paper: [Free Whitepaper Download for Advanced Battery Cells]

Yum China Announces Disclosure under Hong Kong Stock Exchange Rules in Relation to a Possible Quarterly Dividend

SHANGHAI, Jan. 22, 2025 /PRNewswire/ — Yum China Holdings, Inc. (NYSE: YUMC and HKEX: 9987, “Yum China” or the “Company”) today announced, in compliance with the Rules Governing the Listing of Securities on The Stock Exchange of Hong Kong Limited (the “HKEX”) which require advance notice of board meetings at which a dividend is expected to be declared, that its board of directors (the “Board”) will consider the declaration and payment of a quarterly dividend (the “Dividend”). If the Board decides to proceed, the declaration will be adopted by Board resolution on or around February 6, 2025 (Beijing/Hong Kong Time) and will be promptly disclosed by the Company.

The Company makes available through the Investor Relations section of its internet website at http://ir.yumchina.com its filings with the HKEX as soon as reasonably practicable after electronically filing such materials with the HKEX. These filings may also be obtained by visiting the HKEX’s website at http://www.hkex.com.hk.

As no Board resolution in relation to the Dividend has been adopted as of the date of this press release, there is no assurance that the Dividend will be declared.

Forward-Looking Statements

This press release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934. We intend all forward-looking statements to be covered by the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. Forward-looking statements generally can be identified by the fact that they do not relate strictly to historical or current facts and by the use of forward-looking words such as “expect,” “expectation,” “believe,” “anticipate,” “may,” “could,” “intend,” “belief,” “plan,” “estimate,” “target,” “predict,” “project,” “likely,” “will,” “continue,” “should,” “forecast,” “outlook” or similar terminology. These statements are based on current estimates and assumptions made by us in light of our experience and perception of historical trends, current conditions and expected future developments, as well as other factors that we believe are appropriate and reasonable under the circumstances, but there can be no assurance that such estimates and assumptions will prove to be correct. Forward-looking statements are not guarantees of performance and are inherently subject to known and unknown risks and uncertainties that are difficult to predict and could cause our actual results or events to differ materially from those indicated by those statements. We cannot assure you that any of our expectations, estimates or assumptions will be achieved. The forward-looking statements included in this press release are only made as of the date of this press release, and we disclaim any obligation to publicly update any forward-looking statement to reflect subsequent events or circumstances, except as required by law. Numerous factors could cause our actual results or events to differ materially from those expressed or implied by forward-looking statements. All forward-looking statements should be evaluated with the understanding of their inherent uncertainty. You should consult our filings with the Securities and Exchange Commission (including the information set forth under the captions “Risk Factors” and “Management’s Discussion and Analysis of Financial Condition and Results of Operations” in our Annual Report on Form 10-K and subsequent Quarterly Reports on Form 10-Q) for additional detail about factors that could affect our financial and other results.

About Yum China Holdings, Inc. 

Yum China is the largest restaurant company in China with a mission to make every life taste beautiful. The Company has approximately 400,000 employees and operates over 15,000 restaurants under six brands across around 2,200 cities in China. KFC and Pizza Hut are the leading brands in the quick-service and casual dining restaurant spaces in China, respectively. In addition, Yum China has partnered with Lavazza to develop the Lavazza coffee concept in China. Little Sheep and Huang Ji Huang specialize in Chinese cuisine. Taco Bell offers innovative Mexican-inspired food. Yum China has a world-class, digitalized supply chain which includes an extensive network of logistics centers nationwide and an in-house supply chain management system. Its strong digital capabilities and loyalty program enable the Company to reach customers faster and serve them better. Yum China is a Fortune 500 company with the vision to be the world’s most innovative pioneer in the restaurant industry. For more information, please visit http://ir.yumchina.com.

Investor Relations Contact
Tel: +86 21 2407 7556
E-mail: IR@yumchina.com

Media Contact
Tel: +86 21 2407 8288 / +852 2267 5807
E-mail: Media@yumchina.com