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NYSE Content Advisory: Pre-Market update + Federal Reserve to release interest rate decision

NEW YORK, May 7, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

Kristen Scholer delivers the pre-market update on May 7th

  • Equities are fractionally higher Wednesday as markets anticipate the Federal Reserve’s next interest rate decision at 2 PM ET today. It is expected that the central bank will keep borrowing costs unchanged.
  • At 2:30 PM ET, Fed Chair Jerome Powell will meet with reporters to take their questions on the path forward amid tariffs and the current economic landscape.
  • Treasury Secretary Scott Bessent and Trade Representative Jamieson Greer are expected to meet with their Chinese counterparts this week in Switzerland.

Opening Bell
Fortuna Mining Corp. (NYSE: FSM) celebrates the 20th anniversary of their founding.

Closing Bell
No Kid Hungry celebrates the launch of their summer campaign for kids, accompanied by many of their prominent CEO supporters.

Watch NYSE TV Live every weekday 9:00-10:00am ET

Video – https://mma.prnewswire.com/media/2681497/NYSE_Market_Update_May_7.mp4

Kaiyi Auto Sets Sail Its New Developing Strategy in Global Market

YIBIN, China, May 7, 2025 /PRNewswire/ — Kaiyi Auto has successfully held its Global Business Conference on April 28th. Themed “SAIL FOR FUTURE”, which was grandly held in Yibin, China, and brought together nearly 200 distributors from over 50 countries and regions. On the occasion, Kaiyi Auto announced its new strategy for global market.

During the conference, Jia Yaquan, the Chairman of Kaiyi Auto, extended warm welcome to the attendees and outlined the company’s five-year internationalization strategy in his speech.

Hu Jun–Executive Deputy General Manager of Kaiyi Auto, made a more detailed arrangement in the following speech: “To realize the goal increasing of annual production and sales volume from 60,000 to 500,000, Kaiyi Auto must stick to its ‘55511’ plan, focus on its core business, strengthen the brand image, and commit to long-term development.” The ‘55511’ plan refers to Kaiyi Auto’s 5 targets by 2030: achieving annual production and sales volume at 500,000 vehicles; output value of 50 Billion CNY; profit and tax of 5 Billion CNY simultaneously; new energy vehicles accounting for half of the total sales; and more than half of the sales coming from exports.

The Deputy General Manager of Kaiyi Auto, Jiang Sheng said Kaiyi Auto will launch five new models in the next five years, as well as update current ones.

Mr. Jiang also emphasized that for production and sales, Kaiyi Auto plans to establish a production structure of 6 CKD + 13 SKD by 2030, with an annual production capacity exceeding 300,000 units. By expanding into 80+ countries and regions supported by 1,000+ sales and service branches, Kaiyi Auto aims to build a channel network system for an annual sales target at 300,000 units, thus striving to rank among top 10 Chinese auto brands in exports.

“The next five years will be a period of rapid expansion, innovation, and shared success.” Han Ren, the deputy general manager of Kaiyi Auto and General Manager of Kaiyi Auto’s International Trade Company said.

This conference is a milestone in the internationalization of Kaiyi Auto Moving forward, Kaiyi Auto will join hands with global partners to usher in more technical innovation and business cooperation, inviting more international consumers to appreciate the charm of China’s intelligent manufacturing and products.

CTF Life Title-Sponsored “Fencing Plus” Training Programme by Kai Tak Sports Initiative Officially Kicks Off

Nearly 800 Students Participate in the Selection to Become Future World Champions


HONG KONG SAR – Media OutReach Newswire – 7 May 2025 – Title-sponsored by CTF Life and organised by Kai Tak Sports Initiative (KTSI), the “Fencing Plus” Training Programme (“Programme”) officially kicked off at the Kai Tak Arena Grand Hall on 4 May 2025 and marked the inaugural participation for CTF Life‧CIRCLE members. Through the holistic and structural development framework of the Programme, it aims to discover potential fencing athletes and cultivate a new generation of sports elites in Hong Kong, promoting the “Sports for All” culture and enhancing professionalism. Qualified apprentices will undergo a close to two-year structured training and can compete at the “Fencing Plus” Cup. Outstanding performers in the competition will receive professional training, and a chance to participate in the Hong Kong Under-14 Cadet Pre team. They will also have the opportunity to compete in the “Asian Youth Elite Fencing League”, supported by CTF Life, sharing the stage with fencers from around the world. An Experiential Day was also held on the Kick-Off Day, where the public participated in challenges to test their fitness skills, in preparation for next year’s registration for the programme.

Group photo at the press conference. Joining on stage includes Denise Au-Yeung, Chief Strategy Officer of CTF Life (third from the left); Director (Strategic Planning) of Kai Tak Sports Park (KTSP), King-shing Tang (third from the right); Chairman of the Hong Kong Fencing Association, Wing Sun Yeung (first from the left); Head Coach of the Programme, Antonio Lam (first from the right); Celebrities Panther Chan (second from the right) and Mike Tsang (second from the left).
Group photo at the press conference. Joining on stage includes Denise Au-Yeung, Chief Strategy Officer of CTF Life (third from the left); Director (Strategic Planning) of Kai Tak Sports Park (KTSP), King-shing Tang (third from the right); Chairman of the Hong Kong Fencing Association, Wing Sun Yeung (first from the left); Head Coach of the Programme, Antonio Lam (first from the right); Celebrities Panther Chan (second from the right) and Mike Tsang (second from the left).

Among the distinguished guests at the Kick-Off Ceremony to witness this significant moment were Chief Strategy Officer of CTF Life, Denise Au-Yeung; Director (Strategic Planning) of Kai Tak Sports Park (KTSP), King-shing Tang; Chairman of the Hong Kong Fencing Association, Wing Sun Yeung and Head Coach of the Programme, Antonio Lam. The event also invited Hong Kong fencing athletes, Moriah Man Ngai See (Sabre); Yeung Chi Ka (Foil) and Clarence Lai Ka Tsun (Epee) to demonstrate the basic techniques of the three disciplines and give guidance to the young apprentices on stage. Celebrities Panther Chan and Mike Tsang also performed songs to cheer for the young fencers and experienced fencing under the guidance of Antonio Lam.

CTF LifeCIRCLE Members join the Programme for the first time and enjoy unique experiences

Man Kit Ip, Executive Director and CEO of CTF Life, said, “Title-sponsoring the ‘Fencing Plus’ Training Programme by KTSI for the first time demonstrates our commitment to local sports development and offers opportunities for the next generation of athletes to shine on the international stage, creating value beyond sportsmanship. Furthermore, this edition marks the inaugural participation of CTF Life‧CIRCLE members, reflecting our dedication to delivering unique and high-quality diverse experiences for our customers.”

Director (Strategic Planning) of Kai Tak Sports Park, King-shing Tang, expressed appreciation to the title sponsorship of CTF Life during his speech, “KTSI is dedicated to advance sports for all for the Hong Kong community through sports and fitness related activities open to participants of all skill levels and ages. ‘Fencing Plus’ Training Programme is our major initiative, and we extend our special gratitude to CTF Life for their title sponsorship, supporting young athletes to undergo high-quality training and take part in competitions, cultivating a new generation of fencing athletes.”

Over 1,000 applicants aspire to become future fencers

The Programme received an enthusiastic response with over a thousand applications, including eligible children from underprivileged families whose participation was fully supported by CTF Life. The first stage of selection was held on the same day as the Kick-Off Ceremony, where about 800 successfully registered students participated in an interactive full-day test assessing their physical fitness abilities, including speed, agility and reflexes. Led by Head Coach, Antonio Lam, former Olympic Games representative of the Hong Kong Fencing Team and the Top Sabre Fencer in Hong Kong, he will guide a team of professional coaches to help apprentices build a solid foundation from the basic to the advanced levels through tailored instructions.

CTF Life will also arrange a series of sports-related workshops, spanning nutrition, physiotherapy, sports journalism and commentary, to help young talent unleash their potential and achieve all-round development.

As the exclusive Founding Insurance Partner of KTSP, the largest integrated sports and

entertainment landmark in Hong Kong, CTF Life will continue to be in support of KTSP’s pursuit in bringing international events to Hong Kong, reinforcing the city’s position as the “Events Capital of Asia”. CTF Life * CIRCLE members will have the opportunity to gain priority access to international sports and entertainment events, as well as community service initiatives organised or sponsored by the Company, and enjoy a wealth of unique experiences.

Details about the “Fencing Plus” Training Programme

Stage One: 4 May, 2025 Selection Day:

Select potential participants from nearly 800 children aged 6-10 for basic training

Stage Two: July-August 2025 Basic Training:

Comprehensive and structured basic fencing training, including postures and movements, physical fitness training, and education on fencing rules and etiquette

Stage Three: October-November 2025 Advanced Training:

Intensive and in-depth technical curriculum for participants who excel in the Basic Training to enhance their skills

Stage Four:

27-28 December 2025 (Tentative)

CTF Life “Fencing Plus” Cup and Celebration:

Put learning into practice during the competition and further experience the joy and challenges of competitive sports

Stage Five

Elite Training

Hashtag: #CTFLife

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

About CTF Life

Chow Tai Fook Life Insurance Company Limited (“CTF Life”) is proud of its rich, 40-year legacy in Hong Kong. CTF Life is a wholly-owned subsidiary of CTF Services Limited (“CTFS”) (Hong Kong Stock Code: 659) and one of the most well-established life insurance companies in Hong Kong. As a member of Chow Tai Fook Enterprises Limited, CTF Life consistently strengthens its collaboration with the diverse conglomerate of the Cheng family (“Chow Tai Fook Group” or “the Group”) to support customers and their loved ones in navigating life’s journey with personalised planning solutions, lifelong protection and diverse lifestyle experiences. By leveraging the Group’s robust financial strength and strategic investments across the globe, CTF Life aspires to become a leading insurance company in Asia while continuously creating value beyond insurance.

Nature’s Miracle Holding Inc. Announces Up to $20 Million Financing with GHS Investment

ONTARIO, Calif., May 7, 2025 /PRNewswire/ — Nature’s Miracle Holding Inc. (OTCQB:NMHI) (“Nature’s Miracle” or the “Company”), a leader in vertical farming technology, today announced that the Company has entered into an equity purchase financing agreement (the “Financing”) with GHS Investments LLC (“GHS” or “Investor”).  The Company can require that the Investor invest up to Twenty Million Dollars ($20,000,000) to purchase the Company’s shares of common stock, $0.0001 par value per share (“Common Stock”) over the course of twenty-four (24) months immediately following the effective date of the registration statement to be filed with the Securities and Exchange Commission (“SEC”) in connection with the Financing, subject to the terms and conditions specified in the agreement. The Company issued 1,503,759 shares of Common Stock to the Investor in consideration for the Financing.  In addition, the Investor made a $250,000 investment in the Company’s Series A shares of preferred stock (the “Series A Shares”), which shares are convertible into shares of Common Stock at a conversion price of $0.112 per share.  The Company will be filing a registration statement to register all of the foregoing securities, and will file an 8-K providing additional information about the foregoing transactions.

About Nature’s Miracle Holding Inc.

Nature’s Miracle (www.Nature-Miracle.com) is a growing agriculture technology company providing products and services to growers in the Controlled Environment Agriculture (“CEA”) industry in the U.S.  The Company’s Common Stock trades on the OTCQB market (“OTCQB”) under the symbol “NMHI”.

Forward-Looking Statements

The information in this press release includes “forward-looking statements” within the meaning of the Private Securities Litigation Reform Act of 1995. Forward-looking statements include, but are not limited to, statements regarding expectations, hopes, beliefs, intentions or strategies regarding the future. In addition, any statements that refer to projections, forecasts or other characterizations of future events or circumstances, including any underlying assumptions, are forward-looking statements. The words “anticipate,” “believe,” “contemplate,” “continue,” “could,” “estimate,” “expect,” “forecast,” “intends,” “may,” “will,” “might,” “plan,” “possible,” “potential,” “predict,” “project,” “should,” “would” and similar expressions may identify forward-looking statements, but the absence of these words does not mean that a statement is not forward-looking. Forward-looking statements in this press release may include, for example: the intended use of proceeds from the offering; successful launch and implementation of Nature’s Miracle’s joint projects with manufacturers and other supply chain participants of steel, rubber and other materials; changes in Nature’s Miracle’s strategy, future operations, financial position, estimated revenues and losses, projected costs, prospects and plans; Nature’s Miracle’s ability to develop and launch new products and services; Nature’s Miracle’s ability to successfully and efficiently integrate future expansion plans and opportunities; Nature’s Miracle’s ability to grow its business in a cost-effective manner; Nature’s Miracle’s product development timeline and estimated research and development costs; the implementation, market acceptance and success of Nature’s Miracle’s business model; developments and projections relating to Nature’s Miracle’s competitors and industry; and Nature’s Miracle’s approach and goals with respect to technology.

These forward-looking statements are based on information available as of the date of this press release, and current expectations, forecasts and assumptions, and involve a number of judgments, risks and uncertainties. Accordingly, forward-looking statements should not be relied upon as representing views as of any subsequent date, and no obligation is undertaken to update forward-looking statements to reflect events or circumstances after the date they were made, whether as a result of new information, future events or otherwise, except as may be required under applicable securities laws. As a result of a number of known and unknown risks and uncertainties, actual results or performance may be materially different from those expressed or implied by these forward-looking statements. Some factors that could cause actual results to differ include: the ability to maintain the listing of the Company’s shares on the OTC; changes in applicable laws or regulations; the ability to implement business plans, forecasts, and other expectations, and identify and realize additional opportunities; the risk of downturns and the possibility of rapid change in the highly competitive industry in which Nature’s Miracle’s operates; the risk that Nature’s Miracle’s and its current and future collaborators are unable to successfully develop and commercialize Nature’s Miracle’s products or services, or experience significant delays in doing so; the risk that the Company may never achieve or sustain profitability; the risk that the Company will need to raise additional capital to execute its business plan, which may not be available on acceptable terms or at all; the risk that the Company experiences difficulties in managing its growth and expanding operations; the risk that third-party suppliers and manufacturers are not able to fully and timely meet their obligations; the risk that Nature’s Miracle’s is unable to secure or protect its intellectual property; the possibility that Nature’s Miracle’s may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties described in Nature’s Miracle’s filings from time to time with the SEC.

 

 

Infosys and International Tennis Hall of Fame Renew Collaboration until 2028, Harnessing AI to Revolutionize Tennis

Infosys and ITHF extend digital innovation collaboration for three years following the launch of Famer’s Duel, a generative AI-powered game engaging fans and celebrating tennis legends.

NEWPORT, R.I., May 7, 2025 /PRNewswire/ — Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, and the International Tennis Hall of Fame (ITHF) have announced an extension of their collaboration for a further three years that will help support the Hall of Fame’s mission to preserve the history of tennis as well as the iconic induction celebration that will feature the likes of Maria Sharapova and Bob & Mike Bryan in the Class of 2025.

Last year, Infosys and the International Tennis Hall of Fame launched Famers Duel, a new generative AI digital fan engagement game powered by Infosys Topaz. The experience allows tennis fans to own a pack of digital legends cards of players such as Tracy Austin, Stan Smith, Gigi Fernandez, Leander Paes and Michael Chang. The cards are customized using generative AI and players engage in a tennis-style digital game against friends, the game bot, or any other fan joining the game from around the world – bringing together the tennis community in an arcade style experience. This launch demonstrates how technology can connect with modern audiences while honoring the rich heritage of tennis.

The experience builds on existing innovations such as the Metaverse Museum, launched in 2023, where fans can explore the grounds of the ITHF, view larger-than-life holographic statues of Hall of Famers, and learn about the legends through their careers, stats, trivia, and more. Notably, over 10,000 fans have already visited the Metaverse Museum, further enhancing its impact and engagement.

Sumit Virmani, Executive Vice President, and Global Chief Marketing Officer, Infosys, said, “Through thoughtfully designed digital innovations and generative AI, Infosys is transforming how tennis fans engage with the sport, bringing them closer to their favorite Hall of Fame players and the rich heritage of the International Tennis Hall of Fame. We are delighted to support ITHF’s mission to preserve the history of tennis and celebrate its champions through the lens of digital innovation.”

“The International Tennis Hall of Fame is thrilled to continue our partnership with Infosys and work together to innovate how fans experience tennis history and learn about legends,” said Dan Faber, CEO, International Tennis Hall of Fame. “The innovations we have developed thus far are just a starting point for how the ITHF can continue to benefit from Infosys’ leadership in tech and AI. We look forward to exciting and engaging projects ahead.”

About Infosys

Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses, and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace.

Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next.

About the International Tennis Hall of Fame

The International Tennis Hall of Fame (ITHF) is a non-profit organization that preserves the history of tennis and celebrates its champions to inspire excellence across generations globally. Induction into the Hall of Fame is the Ultimate Honor in Tennis, and to date has been presented to 267 Hall of Famers representing 28 nations. Located in Newport, Rhode Island in the United States, the Hall of Fame honors these legends and chronicles the sport’s history in an interactive museum, digital experiences and global programming. For more information on the International Tennis Hall of Fame, visit tennisfame.com.  

Safe Harbor

Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the ‘safe harbor’ under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2024. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company’s filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.

Huawei Digital Power’s All-Scenario Grid Forming ESS Accelerates the Global Energy Transition and Construction of New Power Systems

MUNICH, May 7, 2025 /PRNewswire/ — At Intersolar Europe 2025, Huawei Digital Power hosted the FusionSolar Strategy & New Product Launch under the theme “Smart PV & ESS: Powering a Grid Forming Future.” Welcoming around 300 global customers and partners, this launch highlighted all-scenario grid forming and high-quality development, introducing next-generation grid forming ESS products and solutions for utility, microgrid, C&I, and residential applications. The launch propelled the renewable energy industry into the grid-forming era.


Steven Zhou, President of Smart PV & ESS Product Line, Huawei Digital Power, announced the strategic goal of integrating “4T” technologies (bit, watt, heat, and battery) to build the energy infrastructure for new power systems. He also unveiled three key value propositions: all-scenario grid forming, cell-to-grid safety, and “one matches all,” accelerating the development of new power systems powered entirely by renewable energy.

  1. All-scenario grid forming: Grid forming technology is applied to power generation, transmission, distribution, and consumption to ensure the long-term stability of new power systems.
  2. Cell-to-grid safety: Safety measures are implemented for each phase to ensure the safety of equipment, personnel, and assets.
  3. One matches all: The hardware supports flexible scalability and smooth C-rate evolution. The AI-powered PV+ESS collaborative management platform can adapt to various business models to implement energy yield prediction and automatic optimization of operation policies.

Huawei FusionSolar strives to deliver high-quality solutions and foster an open ecosystem. It provides more competitive solutions for customers and brings more development opportunities to partners, driving the high-quality development of the industry.


Steve Zheng, President of Smart ESS Business, Huawei Digital Power, released the next-generation all-scenario Smart String Grid Forming ESS Platform, which includes the new utility and C&I Smart String Grid Forming ESS. Designed to address challenges in renewables grid integration and ESS safety, Huawei’s Smart String Grid Forming ESS Platform offers all-scenario grid forming, cell-to-grid safety, full-lifecycle cost-effectiveness, and full-link digitalization. The platform defines the golden standard of grid-forming capabilities: Grid forming ESS can adapt to any BESS SOC status, any grid SCR, and at any time, while supporting system evolution to enhance future power grids.


The solution has already been applied to the 1.3 GWh ESS and 400 MW PV project in The Red Sea destination in the Middle East. This project is the world’s largest PV+ESS microgrid, powering the city with 100% renewable energy. The microgrid has been running stably for more than 18 months, during which time it has provided more than 1 billion kWh of green electricity. The 30 MW PV and 6 MW/24 MWh ESS project in Ngari prefecture of China, uses Huawei’s Smart PV+ESS Solution. The fully grid-forming power plant is located at a high altitude (about 4,600 m) with extremely low temperatures and weak grid conditions. Its PV power output can be increased from 1.5 MW to 12 MW, increasing PV integration by 75%. According to the plant’s statistics, the ESS provides grid support more than 30 times within 10 days. Huawei’s Smart String Grid Forming ESS gleans more value from energy storage through power electronics technology, as well as ensuring grid safety and stability through digital intelligence. It opens a new chapter of grid forming renewable energy worldwide.

In addition, Huawei Digital Power redefines ESS safety with six cell-to-grid safety designs to upgrade the safety protection from the conventional container-level to the more refined pack-level, ensuring safer protection for the ESS. Combined with multi-dimensional, full-link, and intelligent diagnosis of the battery management system (BMS), the system’s proactive safety capability is greatly improved, safeguarding the healthy development of the energy storage industry.


SUN POWER, President of Residential PV & ESS Business, Huawei Digital Power, released the new Home Energy Management Solution 6.0 that covers green power generation and intelligent energy consumption, leading the way in home energy management. This solution includes a full range of new products, such as the residential ESS LUNA S1-7kWh. The ESS has an industry-leading 15-year warranty, over 40% more usable energy than the industry average, and on-demand capacity expansion up to 252 kWh. It can also adapt to a wide range of residential and small-sized C&I scenarios. Huawei’s residential PV+ESS solution, thanks to its strong technical capabilities, has become the choice for 3.9 million households and 30,000 installers worldwide. From a zero-carbon house in Italy to a PV town in Sweden, this solution is optimal for home energy independence and community energy sharing.

Huawei FusionSolar is committed to the strategic goal of reshaping the all-scenario grid forming standards. Huawei provides global customers and partners with fully grid-forming and high-quality smart PV+ESS solutions that go beyond expectations, accelerating the global energy transition and construction of new power systems.

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EpicQuest Education Enters into Key Agreement as Catalyst for Recruiting from Africa and the Middle East

The New Recruiting Initiative has the Potential to Bring 525 Students from these Regions into Davis University over the Term of the Agreement

MIDDLETOWN, Ohio, May 7, 2025 /PRNewswire/ — EpicQuest Education Group International Limited (NASDAQ: EEIQ), (“EpicQuest Education”, “EEIQ” or the “Company”), a provider of higher education for domestic and international students in the US, Canada and the UK, today announced that on May 1, 2025, its owned and operated Davis University (“Davis”) entered into an Agency Agreement (the “Agreement”) with MSM Unify to drive student recruitment from Africa and the Middle East on behalf of Davis University.

EpicQuest Education Group International Limited
EpicQuest Education Group International Limited

Jianbo Zhang, Chief Executive Officer of EpicQuest Education, commented, “We are excited to announce our recruiting agreement with MSM Unify, a leading international student recruiter whom we believe can further add to our international students from China and India at Davis University with new students from Africa and the Middle East. We believe that this is a cost-effective strategy for Davis since MSM Unify has both the infrastructure and know how to reach students and families in these new regions.”

“MSM Unify provides extensive student recruiting services such as applications, study permits and visa support which can increase conversion rates, and its data-driven recruiting can facilitate the understanding of student preferences. As Africa and the Middle East represent high-growth student populations, we are keen to develop this student recruitment pool as it will increase our student enrollment at Davis. We also believe that a more diversified student body improves a campus learning environment, enhances students’ social experiences and helps all of Davis’ students succeed in the global job marketplace,” CEO Jianbo Zhang concluded.

Davis has engaged MSM Unify as its exclusive agency to recruit prospective students from Africa and the Middle East to enroll in Davis’ on-campus associate and bachelor degree programs. Davis will consider these applicants for admission to these programs and will only accept those students who meet its academic and English language proficiency requirements. As part of the Agreement, MSM Unify will deploy the resources and strategic expertise of its Global Market Office (“GMO”) that comprises comprehensive marketing and student support services to optimize the success of its efforts.

“This partnership is a natural extension of our mission at MSM — to connect the world’s learners with high-quality institutions and support them at every stage of their journey. Davis University’s commitment to global inclusivity and student success aligns perfectly with our values, and we’re excited to open doors for students across Africa and the Middle East,” said Sanjay Laul, Founder of MSM Group.

EpicQuest Education’s Mission of Internationalization

The Company believes that internationalization is a key element of its strategic growth plan. EpicQuest Education’s growth plan is to have its operated colleges, Davis University and EduGlobal College, become increasingly focused on international recruiting and enhanced globalized learning to its students as well as pathways to achieve university degrees. The Company’s strategic growth plan is to achieve international expansion and establish EpicQuest Education as a truly international service provider of higher learning.

MSM Unify

MSM Unify is a student marketplace that connects students with educational institutions and recruitment partners worldwide. MSM Unify provides a service that helps educational institutions reach the world’s learners and provides them with a host of options when it comes to their education. MSM Unify represents universities in the US, Canada, the UK, Australia and Europe, connecting students from around the world. Headquartered in Canada, MSM Unify has a strong presence in South Asia, Southeast Asia, Africa, and Latin America. For more information, please visit https://www.msmunify.com.

About EpicQuest Education Group International Limited

EpicQuest Education Group International Limited (“EpicQuest Education” or the “Company”) provides comprehensive education solutions for domestic and international students seeking university and University degrees in the US, Canada and the UK. The Company owns and operates EduGlobal University, based in British Columbia, Canada, which focuses on English proficiency educational programming for students pursuing academic degrees. The Company operates and is a 70% owner of Davis University, a career training University located in Toledo, Ohio. In addition, the Company has a recruiting relationship with the Miami University Regional campuses, where it maintains residential facilities, a full-service cafeteria, recreational facilities, shuttle buses and an office for the regional campuses that provides study abroad and post-study services for its students; these facilities are not owned, maintained, operated or are a part of Miami University. The Company is also a recruiting agent for the University of the West of Scotland (through The Education Group (London) Ltd) and Coventry University, both of which are located in the UK. EpicQuest Education recently established a wholly owned subsidiary, Gilmore Inv LLC, in Ohio, that will offer international educational programs related to kinesiology and recreation education. The Company also established a company in Ohio, SouthGilmore LLC that has been formed to organize sports-related entertainment projects, which is 40% owned by Gilmore. For more information, please visit www.epicquesteducation.com.

Safe Harbor Statement

Certain of the statements made in this press release are “forward-looking statements” within the meaning and protections of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Forward-looking statements in this press release include, without limitation, the number of potential students that may be enrolled from the initiatives to be implemented by the Agreement. Forward-looking statements include statements with respect to our beliefs, plans, objectives, goals, expectations, anticipations, assumptions, estimates, intentions, and future performance, and involve known and unknown risks, uncertainties and other factors, which may be beyond our control, and which may cause the actual results, performance, capital, ownership or achievements of the Company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. All statements other than statements of historical fact are statements that could be forward-looking statements. You can identify these forward-looking statements through our use of words such as “may,” “will,” “anticipate,” “assume,” “should,” “indicate,” “would,” “believe,” “contemplate,” “expect,” “estimate,” “continue,” “plan,” “point to,” “project,” “could,” “intend,” “target” and other similar words and expressions of the future.

All written or oral forward-looking statements attributable to us are expressly qualified in their entirety by this cautionary notice, including, without limitation, those risks and uncertainties described in our most recent Form 20-F and otherwise in our SEC reports and filings. Such reports are available upon request from the Company, or from the Securities and Exchange Commission, including through the SEC’s Internet website at http://www.sec.gov. We have no obligation and do not undertake to update, revise or correct any of the forward-looking statements after the date hereof, or after the respective dates on which any such statements otherwise are made.

Contacts:

EpicQuest Education Group International Limited
+1 513-649-8350
info@epicquesteducation.com 

Investor Relations:
Precept Investor Relations LLC
David Rudnick
+1 646-694-8538
david.rudnick@preceptir.com

Source: EpicQuest Education Group International Limited

 

Minaris Advanced Therapies launches as the leading global partner dedicated to cell therapy development, manufacturing, and testing

New company unveiled at the annual ISCT conference in New Orleans combines two tenured and innovative CDMOs with a testing powerhouse

PHILADELPHIA, May 7, 2025 /PRNewswire/ — Through strategic acquisitions made by New York–based investment firm Altaris, Minaris Regenerative Medicine and the U.S. and U.K. operations of WuXi Advanced Therapies have been combined to form Minaris Advanced Therapies™, a global cell therapy CDMO and testing partner. The company is headquartered in Philadelphia, Pennsylvania.

With modern facilities approved for commercial production in the United States (Allendale, NJ and Philadelphia), Europe (Munich) and Asia-Pacific (Yokohama, Japan), Minaris Advanced Therapies manufactures clinical-stage and commercial products on three continents and has a proven track record of delivering more than 7,500 GMP batches.

The company currently manufactures two commercial cell therapies and provides testing services for more than 27 commercial products. The company’s capabilities include innovative platforms, development and manufacturing capabilities for cell therapies and viral vectors, and extensive testing services. With more than 25 years of cell therapy CDMO experience and over 40 years of experience in biosafety testing and product characterization, the new company will support the next wave of commercial cell therapies.

“CDMOs supporting the cell therapy industry have struggled to evolve from a small-scale cottage industry to deliver cost effective manufacturing at scale,” said Iain Baird, chairman of Minaris Advanced Therapies. “Our mission is to solve the development and manufacturing challenges preventing these promising therapies from successful worldwide commercialization.”

The team includes more than 1,400 industry professionals with deep scientific and regulatory expertise. The company’s testing business unit provides unrivalled expertise in analytical method development and GMP-grade biosafety and product characterization testing services for both in-house and external programs.

“Minaris Advanced Therapies is designed to help the industry treat more patients by providing the experience, global footprint, and platforms to accelerate timelines and enable commercialization,” said Eytan Abraham, Ph.D., chief commercial and technology officer. “Many of the technologies needed to reduce cost of goods sold and improve turnaround time already exist, we will drive their adoption and implementation at scale.”

Built for speed, scale and science

Minaris Advanced Therapies brings together:

  • More than 1,400 employees specializing in process and analytical development, manufacturing, quality control, quality assurance and regulatory compliance
  • Facilities at six sites on three continents, totaling more than 730,000 square feet of infrastructure
  • 42 state-of-the-art clean rooms for commercial use in Philadelphia, Allendale, NJ, Munich, and Yokohama, Japan
  • Track record of more than 7,500 GMP batches released, with current manufacturing of two commercial products and testing of more than 27
  • More than 20 successful inspections by global health agencies, including the FDA, EMA, TGA, PMDA, MFDS and USDA
  • Over 40 years of biosafety and product characterization testing experience, with 1,700 assays developed, and 10,000 samples received annually
  • 22 patents in discovery services, including key intellectual property for the TESSA® platform for scalable AAV and XOFLX packaging and producer cell lines for lentiviral vector production

About Minaris Advanced Therapies

Minaris Advanced Therapies is a global contract development and manufacturing organization (CDMO) and contract testing provider focused exclusively on cell and gene therapies. Minaris Advanced Therapies is headquartered in Philadelphia, Pennsylvania, and has more than 730,000 square feet of infrastructure across the United States, Europe and Asia. We have manufactured and released over 7,500 GMP batches and our global network supports therapy developers through early-stage development, clinical trials and commercial manufacturing. By combining scientific expertise with best-in-class manufacturing and testing services, we help bring safe, effective therapies to patients faster and more efficiently. Visit minaris.com to learn more.

Media Contact:

Amy Lamperti

Executive Director, Global Marketing

+1-201-572-1554

Amy.lamperti@advancedtherapies.com