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Lufax Announces Extraordinary General Meeting on June 25, 2025

SHANGHAI, May 29, 2025 /PRNewswire/ — Lufax Holding Ltd (“Lufax” or the “Company”) (NYSE: LU and HKEX: 6623), a leading financial services enabler for small business owners in China, today announced  that it will hold an extraordinary general meeting of the Company’s shareholders (the “EGM”) at 10:00 A.M. Hong Kong time on June 25, 2025 at Room 3601, No. 1333 Lujiazui Ring Road, Pudong New District, Shanghai, the People’s Republic of China, for the purposes of considering and, if thought fit, passing each of the proposed resolutions set forth in the EGM notice. The EGM notice, the EGM circular, and the form of proxy for the EGM are available on the Company’s website at https://ir.lufaxholding.com.

Holders of record of the Company’s ordinary shares on the Company’s register of members as of the close of business on May 9, 2025 (Hong Kong time) are entitled to attend the EGM in person. Holders of the Company’s American depositary shares (the “ADSs”) as of the close of business on May 9, 2025 (New York time), who wish to exercise their voting rights for the underlying ordinary shares, can submit their voting instructions to Citibank, N.A.

About Lufax

Lufax is a leading financial services enabler for small business owners in China. Lufax offers financing products designed to address the needs of small business owners and others. In doing so, Lufax has established relationships with 85 financial institutions in China as funding partners, many of which have worked with Lufax for over three years.

Investor Relations Contact

Lufax Holding Ltd
Email: Investor_Relations@lu.com 

ICR, LLC
Robin Yang
Tel: +1 (646) 308-0546
Email: lufax.ir@icrinc.com

MinIO AIStor Sets New Standard for AI and Data-Intensive Workloads with Industry-First AWS S3 Express API Support

Enterprise object storage with built-in replication brings S3 Express API performance to the entire data lakehouse, at no extra cost

REDWOOD CITY, Calif., May 29, 2025 /PRNewswire/ — MinIO, the leader in high-performance object storage for the exabyte AI era, today announced AIStor support for Amazon’s S3 Express API, a streamlined version of the general-purpose S3 API designed to deliver maximum performance for AI and data-intensive analytics workloads. MinIO AIStor is the first and only AI data storage platform to adopt Amazon’s S3 Express API and enable organizations to put all of their analytical and AI data, not just a subset, in “express mode” at no extra cost.

Introduced by AWS in 2023 and delivered via the Amazon S3 Express One Zone storage class, the Amazon S3 Express API has defined a new industry standard for high performance and developer-friendly AI and analytics storage, delivering 10x faster performance compared to the S3 Standard storage class. But, in AWS, the enhanced performance of AWS S3 Express One Zone comes at over five times the cost of S3 Standard to store data and doesn’t come with data protection and replication capabilities. Consequently, to use it safely, customers must save a durable copy of their data in S3 standard and copy data that requires high speed access into S3 Express One Zone.

With this release, MinIO is democratizing access to and use of this powerful API for all data processing needs by coupling its dramatic performance advantages with full active/passive, disaster recovery (DR), and batch replication support, all at no extra cost. Enterprises can continue leveraging the general purpose S3 API for raw source data requiring versioning and immutability before any processing, but can now leverage the high performance S3 Express API for all other downstream workloads and derived data sets, especially, but not limited to, high intensity data processing. This includes the majority of data lakehouse analytics with Apache Spark and Iceberg, AI data pre-processing, and AI model training and inference.

“Until now, use of S3 Express has typically been reserved for data that requires high speed access at the expense of enterprise features like replication and lifecycle management, due to its cost premium over S3 Standard,” said Garima Kapoor, co-founder and co-CEO, MinIO. “We’re changing that because we believe it can and should become the standard API for all analytical data and AI workloads. With the AIStor S3 Express API, pricing remains the same so enterprises can now put all of their analytical and AI data, not just a subset, in ‘express mode.’ This is drawing tremendous excitement from customers.”

“In most lakehouse environments, versioning is already handled by table formats like Apache Iceberg, which provide atomic operations at the file or table level,” said Sanjeev Mohan, principal analyst at SanjMo. “But when versioning is also enabled at the storage layer, it can create unnecessary duplication and complexity. Removing it from the storage layer simplifies the backend architecture, lowers CPU usage on storage servers, and helps prevent accidental storage growth and rising costs.”

AIStor’s S3 Express API support comes at no extra cost, without any request charges for GETs, PUTs and LISTs, and with key data protection and replication capabilities so it can be used for all enterprise analytical and AI data. Key features and benefits of the AIStor S3 Express API include:

  • Accelerated PUT and LIST operations: delivers up to 20% faster PUT operations, lowering CPU utilization, and up to 447% faster time-to-first-byte (TTFB) LIST operations relative to AIStor general purpose S3 API. This means faster training, faster analytics, and better infrastructure utilization.
  • New atomic, exclusive append operations: enables direct and safe object modification, eliminating multi-step update workflows. For example, media-broadcasting applications which add new video segments to video files can do so as they are transcoded and immediately streamed to viewers.
  • Full active/passive, disaster recovery (DR), and batch replication support: provides full performance benefits of the S3 Express API without loss of business continuity and disaster recovery (BC/DR). Synchronous replication means no data loss in the event of an outage and asynchronous replication enables data protection across the globe.
  • Streamlined and simplified API behavior: eliminates redundancies and implements simplifications and guardrails to improve the developer experience as well as application resiliency, predictability and security.

As the first and only on-premises and private cloud AI storage platform to adopt Amazon’s S3 Express API, MinIO is reinforcing its ongoing commitment to providing full and complete S3 API compatibility. To learn more about the AIStor S3 Express API, including the “how” and “why” behind specific features, please visit: https://blog.min.io/s3-express-api-added-to-aistor/. To book a demo, please visit min.io.

About MinIO
MinIO is the leader in high-performance object storage for AI. With 2B+ Docker downloads 50k+ stars on GitHub, MinIO is used by more than half of the Fortune 500 to achieve performance at scale at a fraction of the cost compared to the public cloud providers. MinIO AIStor is uniquely designed to meet the flexibility and exascale requirements of AI, empowering organizations to fully capitalize on existing AI investments and address emerging infrastructure challenges while delivering continuous business value. Founded in November 2014 by industry visionaries AB Periasamy and Garima Kapoor, MinIO is the world’s fastest growing object store.

Media Contact: Tucker Hallowell, Inkhouse, minio@inkhouse.com

ONEISALL MAKES ITS PROFESSIONAL GROOMING DEBUT WITH THE GRANDMASTER PRO CLIPPER

Brand’s First Pro-Grade Tool Designed for Working Groomers Who Demand Power, Precision, and Reliability

CHINO, Calif., May 29, 2025 /PRNewswire/ — After earning the trust of millions of pet parents with its popular at-home grooming tools, OneIsAll is stepping into the professional grooming arena for the first time with the launch of the Grandmaster Pro Professional Pet Clipper. Purpose-built for professional groomers and set to become the most efficient professional pet clippers on the market. This all-new clipper delivers the speed, durability, and performance required in high-volume grooming environments, without sacrificing the user-friendly design the brand is known for.

OneIsAll Grandmaster Pro 1
OneIsAll Grandmaster Pro 1

The Grandmaster Pro marks a major milestone for OneIsAll as it expands beyond the consumer space and enters the professional grooming market with a product developed specifically for working groomers. Designed in collaboration with grooming professionals, the clipper addresses key challenges of daily shop life: mat handling, grooming fatigue, battery downtime, and tool compatibility.

Key Features Tailored for Grooming Pros:

  • Up to 60% Faster Grooming Time
    High-performance blades provide ultra-smooth cutting with no snags or tugs, even on thick, curly, or matted coats, allowing groomers to complete trims in as little as 10-30 minutes per pet.
  • Nonstop Power with Swappable Battery System
    Comes with two high-capacity, rechargeable batteries and a swappable design that delivers up to 90 minutes of cordless runtime per charge.
  • Quiet, Low-Vibration Operation
    Noise and vibration-reduction technology create a calmer experience for anxious dogs while helping groomers maintain focus and control, particularly important in busy salons or mobile units.
  • Universal Blade Compatibility
    The durable steel blade reduces the need for frequent replacements and is compatible with standard blades, giving professionals the flexibility to use their preferred setup.
  • Ergonomic, Pro-Ready Build
    Lightweight, balanced design minimizes hand fatigue during long grooming sessions. Built for durability and comfort, even in high-volume shops.

“We’ve spent years perfecting grooming tools for pet parents at home, and now, we’re excited to bring that same commitment to simplicity and performance to the professional world,” said Terry Zhang, Founder and CEO of OneIsAll. “Our research revealed a significant demand and gap in the professional grooming market, highlighting key pain points for groomers. We saw an opportunity to apply our innovation and expertise to solve these challenges, leading to the development of the Grandmaster Pro. This product represents our first step into the professional grooming category, which has been engineered from the ground up to meet the needs of groomers who work with dogs all day, every day.”

The OneIsAll Grandmaster Pro Professional Pet Clipper is available now on Amazon and OneIsAll.com, starting at $129.99. The complete kit includes the clipper, two rechargeable batteries, multiple guide combs, and maintenance tools.

For more information, visit www.OneIsAll.com or follow @OneIsAll_official on social media.

About OneIsAll

OneIsAll is dedicated to “Transform How You Pet”, blending innovation with everyday practicality to improve the lives of pets and their people. From professional-grade grooming tools to smart feeding solutions and most recently tools for groomers. OneIsAll brings innovative technology and thoughtful design together to improve pet care routines worldwide. OneIsAll is proud to be honored with a CES 2025 TWICE Picks Award for their Comfy C1 Cordless Pet Grooming Vacuum Kit and sponsor the National Dog Show, celebrating the incredible bond between humans and their canine companions. Learn more at www.OneIsAll.com or follow @OneIsAll_official on Instagram and Facebook.

NYSE Content Advisory: Pre-Market update + Nvidia, Salesforce beat on earnings

NEW YORK, May 29, 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 29th

  • Stocks are rising Thursday after a federal court blocked President Trump’s reciprocal tariffs. Wednesday night, the U.S. Court of International Trade ruled that President Trump exceeded his authority when he enacted the tariffs.
  • Nvidia shares popped 5% in extended trading after the company beat earnings and sales estimates. Its data center business rose 73% from a year ago.
  • Salesforce (NYSE: CRM) exceeded earnings expectations and raised its guidance after reporting results. The company said it has agreed to pay $8 billion for data management software maker Informatica.

Opening Bell
First Eagle celebrates the launch of the FEGE & FEOE ETFs

Closing Bell
Xponential Fitness (NYSE: XPOF) celebrates its 2025 Analyst & Investor Fay

Click here to download the NYSE TV App

 

State Grid Gansu Linxia Power Supply Company: Special inspection of charging piles to safeguard green travel

LINXIA, China, May 29, 2025 /PRNewswire/ — Since May, Linxia Prefecture in Gansu Province, as a characteristic tourist destination in the northwest, has experienced a peak in tourist flow. In order to ensure the charging needs of new energy vehicles, on May 28, the State Grid Linxia Power Supply Company organized staff to conduct special inspections of the charging stations at the Guanghe County passenger station and the charging area at the Buyexiang service area, fully ensuring the smooth operation of green travel.

With the increasing popularity of attractions such as Linxia Prefecture’s tourism style line, Songmingyan, and Taizi Mountain, the number of self-driving tourists has surged, leading to a significant increase in charging demand. In response, the State Grid Linxia Power Supply Company has conducted a comprehensive inspection of key parts such as the charging pile wiring, charging gun interface, and display screen to eliminate potential hazards such as equipment overheating and aging lines, ensuring the efficient and stable operation of the charging piles.

In recent years, Linxia Prefecture has relied on its natural scenery and cultural landscapes to create a distinctive tourism brand. To this end, the State Grid Linxia Power Supply Company has optimized the distribution lines of charging stations in advance, upgraded the capacity of transformers, and used a digital monitoring platform to monitor the load of charging piles in real time, ensuring the safe and stable power supply of charging stations.

Medicilon Passes FDA Inspection, Reinforcing Global R&D Excellence

BOSTON, May 29, 2025 /PRNewswire/ — On May 20, Medicilon Preclinical Research (Shanghai) LLC (“Medicilon”) announces that it has successfully passed an on-site inspection by the FDA. The company receives an official Establishment Inspection Report (EIR) reaffirming its position as a trusted leader in preclinical R&D services .

A Milestone of Compliance and Capability 

The FDA inspection, conducted with meticulous detail, evaluated Medicilon’s organizational structure, personnel qualifications, SOPs, facilities integrity, documentation processes, experimental operations, quality assurance systems, and computerized infrastructures. Inspectors also reviewed several research projects submitted to the FDA.

FDA officials praised Medicilon for its scientific discipline and operational excellence, expressing anticipation for continued high-quality data submissions. This endorsement validated Medicilon’s enduring commitment to its guiding philosophy of “Quality First.”

Strategic Validation of Global R&D Impact

This is Medicilon’s first on-site FDA inspection in seven years, and the successful outcome significantly enhances its regulatory credibility. The milestone is a strong endorsement of its strategic vision, rooted in being “Innovation Driven, Quality Focused.”

By the end of 2024, Medicilon has helped 520 INDs enter clinical trials, through the approval of China’s NMPA, the US FDA, the EU EMA, the Australian TGA and the South Korean’s KFDA.  These INDs include innovative drugs in various fields, such as 34 antibodies, 28 ADC drugs, 8 GLP-1 drugs, 6 PROTAC drugs, 3 botanical drugs, etc. Looking ahead, Medicilon will remain committed to increasing investment in technological innovation and R&D, and is committed to launching more innovative and more high-quality technology and service solutions, embracing the broad opportunities and challenges of the global pharmaceutical market, and promoting the development of the global pharmaceutical industry!

About Medicilon

From its inception in 2004, Shanghai Medicilon Inc. (stock code: 688202.SH) has been committed to providing comprehensive R&D services to pharmaceutical companies, research institutions, and any organizations working in the preclinical space. By the end of 2024, Medicilon has provided drug development services to over 2,000 clients worldwide, and has been involved in the research and development of 520 new drugs and generic drug projects that have been approved for clinical trials with IND applications.

Grit Biotechnology Presents Clinical Breakthroughs at 2025 ASCO Annual Meeting

SHANGHAI, May 29, 2025 /PRNewswire/ — Grit Biotechnology Co., Ltd. (“Grit Bio“), a clinical-stage biotech pioneering novel immunotherapies announced today that three abstracts featuring new clinical data from tumor-infiltrating lymphocytes (TIL) therapies will be presented at the American Society of Clinical Oncology (ASCO) 42nd annual meeting, which is taking place in Chicago, IL from May 30th to June 3rd.

Grit Bio will provide the clinical updates of its leading TIL programs, including GT101 – an unmodified TIL therapy in treating recurrent and metastatic cervical cancer, GT201 – an armored TIL product expressing membrane bond IL-15 complex in treating various solid tumors, and GT300 – a CRISPR/Cas-edited dual KO TIL product in treating advanced solid tumors. The details of Grit Bio’s poster presentations are included below. The abstracts were published via the ASCO website on May 22, 2025.

  1. Title: GT101 autologous TIL therapy in patients with recurrent and metastatic cervical cancer: A phase 1 study.
    Presentation Type: Poster
    Time: 9:00 AM-12:00 PM CT, Sunday, June 1st
    Poster # 431
    Abstract #: 5533
  2. Title: Assessing the Safety and Efficacy of GT201: A First-in-Class Autologous Tumor-Infiltrating Lymphocyte Monotherapy in Advanced Solid Tumors
    Presentation Type: Poster
    Time: 9:00 AM-12:00 PM CT, Monday, June 2nd
    Poster #: 446
    Abstract #: 6038
  3. Title: Evaluating the Safety and Efficacy of CRISPR/Cas-Modified Tumor Infiltrating Lymphocytes (GT300) as Monotherapy in Advanced Solid Tumors
    Presentation Type: Poster
    Time: 9:00 AM-12:00 PM CT, Sunday, June 1st
    Poster #: 511
    Abstract #: 5613

“We have harnessed cutting-edge technologies, including advanced gene editing tools, to enhance the potency and persistence of our TIL products, enabling the development of multiple differentiated TIL pipelines.” said Dr. Yarong Liu, Founder and Chief Executive Officer of Grit Biotechnology. “These therapies have demonstrated promising clinical potential across a wide range of indications. Looking forward, we remain committed to accelerating their clinical advancement and actively seeking global collaborations to bring these transformative therapies to patients worldwide.”

About Grit Bio
GRIT Bio was founded in 2019 as an innovative biopharmaceutical company, focused on immune cell treatments for oncology and characterized by a R&D pipeline in TIL therapies. GRIT Bio has completed multiple rounds of equity financing and is backed by renowned venture capital funds. GT101, a proprietary injectable developed by GRIT Bio, is the first TIL therapy that entered registrational clinical trial. GT 101 is currently in pivotal Phase II clinical study. GRIT Bio’s GT201 injectable, the first TIL therapy with membrane-bound IL-15 complex, has cleared IND in both US and China. Core R&D platforms of the company include StemTexp® stemness TIL expansion platform, StaViral® stably virus transfected cell lines, ImmuT Finder® immune modulator target discovery platform, and KOReTIL® high-efficiency gene knock-out system. Based on the platforms, GRIT Bio generated a series of next-generation gene-edited TIL therapies. With internationally advanced technology reserve and industry resources, GRIT Bio aims to develop breakthrough therapies for solid tumors and bring new hope to cancer patients. For further information, please visit: www.grit-bio.com

Forward-Looking Statements
This press release contains forward-looking statements about Grit Biotechnology based on management’s current expectations, which are subject to known and unknown uncertainties and risks. Words such as “anticipated,” “expect,” “intend,” “plan,” “believe,” “seek,” “estimate,” “may,” “will,” and variations of these words or similar expressions are intended to identify forward-looking statements. These forward-looking statements include statements regarding our expectations for our technology platforms, gene therapy candidates in development, collaborations, and plans for commercialization. Our actual results could differ materially from those discussed due to a number of factors, including, but not limited to, the risk inherent in developing pharmaceutical product candidates, conducting successful clinical trials, and obtaining regulatory approvals. Except as required by law, Grit Biotechnology assumes no obligation to update any forward-looking statements contained herein as a result of new information, future events, or otherwise.

Investor Contact: +86-21- 50828029, BD@grit-bio.com; Media Contact: +86-21- 50828029, PR@grit-bio.com

O-RAN ALLIANCE Global PlugFest Spring 2025 Demonstrated Steady Evolution of the O-RAN Ecosystem

  • O-RAN ALLIANCE Global PlugFests focus on testing and integration to accelerate the development of O-RAN based products and solutions
  • The O-RAN Global PlugFest Spring 2025 advanced O-RAN technology and procedures for testing, deployment and operation of carrier-grade networks
  • The PlugFest was co-hosted by 22 operators, OTICs, and academic and research institutions in 19 labs around the globe
  • A total of 69 companies and institutions participated, with some involved in multiple venues

BONN, Germany, May 29, 2025 /PRNewswire/ — The O-RAN ALLIANCE (O-RAN) today announced successful completion of the O-RAN ALLIANCE Global PlugFest Spring 2025.

O-RAN PlugFests are designed to accelerate the development of products and solutions based on O-RAN specifications by offering structured testing and integration opportunities in a neutral and collaborative environment.

At each O-RAN PlugFest, participants advance O-RAN-based technology and procedures for testing, deployment and operation of carrier-grade open, intelligent and virtualized Radio Access Networks (RAN).

Participants at the O-RAN Global PlugFest Spring 2025 demonstrated progress in diverse areas, including:

  • Automated, cloud-native RAN deployment & testing
  • AI-powered test automation with intelligent report analysis and automated test generation, enabled by Large Language Models (LLM)
  • Intelligent RAN energy savings of 25 to 30%, enabled by rApps on Non-Real-Time RAN Intelligent Controller (Non-RT RIC)
  • Intelligent network efficiency and service assurance, enabled by cell on-off switching rApp and xApp combined with traffic steering xApp
  • Integration of open-source O-RAN components from multiple open-source communities in O-RAN networks
  • Validation of transport network behavior under congestion and impairments for different deployment options
  • E2E network performance testing in various scenarios
  • Efficient cooperation enabling consistent and repeatable testing across labs and regions

O-RAN Global PlugFest Spring 2025 was hosted by 22 operators, Open Testing and Integration Centers (OTICs) and vendor-independent institutions. It took place in 8 venues and 19 labs around the world. It was conducted from February to May 2025 with a total of 69 participants, some of which participated at more than one venue.

“O-RAN Global PlugFests play a vital role in accelerating innovation built on O-RAN ALLIANCE specifications,” said Chih-Lin I, Co-chair of O-RAN ALLIANCE’s Technical Steering Committee and China Mobile Chief Scientist, Wireless Technologies, China Mobile Research Institute. “Each PlugFest showcases the steady evolution of the O-RAN ecosystem, highlighting progress across a wide range of technologies, solutions, and services that enhance RAN deployment and operations. It’s particularly encouraging to see that the progress of O-RAN intelligence and automation capabilities has been gaining momentum. A big thank you to all hosts, labs and participants for their great efforts.”

Participants in O-RAN ALLIANCE Global PlugFest Spring 2025

O-RAN ALLIANCE appreciates high interest from the community in testing and integration at the O-RAN Global PlugFest Spring 2025 and would like to recognize hosts, labs and participants, including:

Acentury, Airspan Networks, AT&T, Auray Technology, Battelle, CableLabs, Calnex Solutions, Capgemini Engineering, Deutsche Telekom, Digital Catapult, EANTC, Ericsson, EURECOM, Fujitsu, highstreet technologies, i14y Lab, Iowa State University, Juniper Networks, Keysight Technologies, Lenovo, LIONS Technology, LITE-ON Technology, Metanoia Communications, MTI, Nokia, North Carolina State University, Northeastern University, Nvidia, Pegatron, Quanta Cloud Technology (QCT), Rakuten Mobile, Rakuten Symphony, Rimedo Labs, Rohde & Schwarz, Rutgers University, Sera Network, Singapore University of Technology and Design (SUTD), Software Radio Systems, Supermicro, Telefonica, University of Utah, University of New Hampshire InterOperability Laboratory, University of Tokyo, Verizon, VIAVI Solutions, Virginia Polytechnical Institute and State University, Vodafone, VVDN Technologies, Wind River Systems, Xelera Technologies, YRP R&D Promotion Committee.

About O-RAN ALLIANCE
The O-RAN ALLIANCE is a world-wide community of mobile operators, vendors, and research & academic institutions operating in the Radio Access Network (RAN) industry. As the RAN is an essential part of any mobile network, the O-RAN ALLIANCE’s mission is to re-shape the industry towards more intelligent, open, virtualized and fully interoperable mobile networks. The new O-RAN specifications enable a more competitive and vibrant RAN supplier ecosystem with faster innovation to improve user experience. O-RAN based mobile networks at the same time improve the efficiency of RAN deployments as well as operations by mobile operators. To achieve this, the O-RAN ALLIANCE publishes new RAN specifications, releases open software for the RAN, and supports its members in integration and testing of their implementations.
For more information, please visit www.o-ran.org.

O-RAN ALLIANCE PlugFest
O-RAN ALLIANCE PlugFest