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FP Markets Celebrates 20 Years of Transforming Trading and Looks Ahead to a New Era of Growth

SYDNEY, Dec. 24, 2025 /PRNewswire/ — Global multi-asset broker FP Markets proudly marked its twentieth anniversary this year, celebrating two decades of ‘Transforming Trading’ through innovation, performance-driven technology, and a commitment to placing traders first.

Since its founding in 2005, FP Markets has consistently redefined trading excellence, developing next-generation financial technology, delivering comprehensive trader education, and providing exceptional customer support tailored to a diverse client base.

 

FP Markets Celebrates 20 Years of Transforming Trading and Looks Ahead to a New Era of Growth
FP Markets Celebrates 20 Years of Transforming Trading and Looks Ahead to a New Era of Growth

 

In 2025, the broker further solidified its industry-leading position with continued global expansion, a refreshed digital brand identity, multiple product enhancements, and participation in major financial international expos. The past year was also marked with significant achievements as FP Markets received over 20 international acknowledgements, including ‘Broker of the Year – Global’, ‘Most Valuable Broker’, and ‘Most Reputable Broker’.

Commenting on the company’s milestone anniversary, Andria Phiniefs, Global Head of Marketing, stated: “FP Markets pledges to continue pushing boundaries and setting new industry standards, expanding access to markets worldwide while remaining firmly grounded in our values. With innovation and our client-centric focus at the core of everything we do, we are well positioned and ready for our next era of growth.”

Looking ahead, FP Markets will be continuing its strategic expansion into new regions and emerging markets with the aim of delivering trading solutions to a broader global audience. The broker also plans to expand its financial technology, tools, and product suite to meet the evolving needs of traders. While fully embracing technological progress, FP Markets remains firmly committed to its customer-centric philosophy, ensuring fintech innovation is complemented by exemplary education and unmatched client support.

Canadian Solar Appoints Colin Parkin as President and Dylan Marx as Chief Operating Officer

KITCHENER, ON, Dec. 24, 2025 /PRNewswire/ — Canadian Solar Inc. (the “Company” or “Canadian Solar”) (NASDAQ: CSIQ) today announced the appointment of Colin Parkin as a member of its Board of Directors and his promotion to President of Canadian Solar.

Parkin succeeds Yan Zhuang on the Company’s Board of Directors and assumes the role of the Company’s President from Dr. Shawn Qu, effective immediately. Dr. Qu, the Founder of Canadian Solar, continues to serve as the Company’s Chairman and Chief Executive Officer. Parkin’s promotion will allow Dr. Qu to focus on long-term strategy and technology innovation, as the Company continues to expand its investments and manufacturing operations in North America.

In conjunction with Parkin’s appointment, the Board also appointed Dylan Marx as Chief Operating Officer.

Together, these leadership changes underscore the Company’s commitment to developing internal talent and to maintaining strong collaboration and execution across its global subsidiaries.

Parkin is a 20-year veteran of Canadian Solar and most recently served as President of the Company’s subsidiary, e-STORAGE, a utility-scale energy storage manufacturer and service provider. Prior to his role at e-STORAGE, Parkin served as Vice President of Canadian Solar’s Energy Group, now known as Recurrent Energy, and previously held roles as General Manager of Canada and Vice President of Engineering and Projects. Before joining Canadian Solar, Parkin founded Integrated Manufacturing Technologies (IMT) and held roles at Photowatt International and Automation Tooling Systems (ATS). Parkin studied Manufacturing Engineering at Fanshawe College in London, Ontario.

Marx joined Canadian Solar in 2013 and most recently served as Corporate Vice President of Operations and President of Operations and Maintenance (O&M) for the Company’s subsidiary, Recurrent Energy. He brings deep experience across renewable energy, automation, and manufacturing to his new role. Prior to joining Canadian Solar, Marx held senior roles at ATS Automation and BlackBerry. Marx holds a diploma in Mechanical Engineering, Design, and Analysis from Conestoga College and an MBA from the University of Windsor.

Together, Parkin and Marx bring three decades of executive leadership experience with Canadian Solar and its affiliates, and the Board determined that they will provide cohesive leadership across the Company’s global operations.

Dr. Shawn Qu, Chairman and CEO of Canadian Solar, stated, “As we approach our 25th anniversary in 2026, Canadian Solar enters a pivotal period in its evolution. We are extremely proud of the Company’s accomplishments and remain deeply committed to our more than 15,000 employees worldwide. Colin has played a critical role in building e-STORAGE into a global energy storage leader. Together, with their deep institutional knowledge and leadership, Colin and Dylan will help chart and execute Canadian Solar’s next phase of growth and drive long-term value.”

About Canadian Solar Inc.

Canadian Solar is one of the world’s largest solar technology and renewable energy companies. Founded in 2001 and headquartered in Kitchener, Ontario, the Company is a leading manufacturer of solar photovoltaic modules; provider of solar energy and battery energy storage solutions; and developer, owner, and operator of utility-scale solar power and battery energy storage projects. Over the past 24 years, Canadian Solar has successfully delivered nearly 170 GW of premium-quality, solar photovoltaic modules to customers across the world. Through its subsidiary e-STORAGE, Canadian Solar has shipped over 16 GWh of battery energy storage solutions to global markets as of September 30, 2025, boasting a $3.1 billion contracted backlog as of October 31, 2025. Since entering the project development business in 2010, Canadian Solar has developed, built, and connected approximately 12 GWp of solar power projects and 6 GWh of battery energy storage projects globally. Its geographically diversified project development pipeline includes 25 GWp of solar and 81 GWh of battery energy storage capacity in various stages of development. Canadian Solar is one of the most bankable companies in the solar and renewable energy industry, having been publicly listed on the NASDAQ since 2006. For additional information about the Company, follow Canadian Solar on LinkedIn or visit www.canadiansolar.com.

Safe Harbor/Forward-Looking Statements 

Certain statements in this press release, including those regarding the Company’s expected future shipment volumes, revenues, gross margins, and project sales are forward-looking statements that involve a number of risks and uncertainties that could cause actual results to differ materially. These statements are made under the “Safe Harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. In some cases, you can identify forward-looking statements by such terms as “may”, “will”, “expect”, “anticipate”, “future”, “ongoing”, “continue”, “intend”, “plan”, “potential”, “prospect”, “guidance”, “believe”, “estimate”, “is/are likely to” or similar expressions, the negative of these terms, or other comparable terminology. These forward-looking statements include, among other things, our expectations regarding global electricity demand and the adoption of solar and battery energy storage technologies; our growth strategies, future business performance, and financial condition; our transition to a long-term owner and operator of clean energy assets and expansion of project pipelines; our ability to monetize project portfolios, manage supply chain fluctuations, and respond to economic factors such as inflation and interest rates; our outlook on government incentives, trade measures, regulatory developments, and geopolitical risks; our expectations for project timelines, costs, and returns; competitive dynamics in solar and storage markets; our ability to execute supply chain, manufacturing, and operational initiatives; access to capital, debt obligations, and covenant compliance; relationships with key suppliers and customers; technological advancement and product quality; and risks related to intellectual property, litigation, and compliance with environmental and sustainability regulations. Other risks were described in the Company’s filings with the Securities and Exchange Commission, including its annual report on Form 20-F filed on April 30, 2025. Although the Company believes that the expectations reflected in the forward-looking statements are reasonable, it cannot guarantee future results, level of activity, performance, or achievements. Investors should not place undue reliance on these forward-looking statements. All information provided in this press release is as of today’s date, unless otherwise stated, and Canadian Solar undertakes no duty to update such information, except as required under applicable law.

CANADIAN SOLAR INC. INVESTOR RELATIONS CONTACT
Wina Huang
Investor Relations
Canadian Solar Inc.
investor@canadiansolar.com

Cloopen Announces Receipt of Preliminary Non-Binding “Going Private” Proposal

BEIJING, Dec. 24, 2025 /PRNewswire/ — Cloopen Group Holding Limited (OTC: RAASY) (“Cloopen” or the “Company”) today announced that its Board of Directors (the “Board”) has received a preliminary non-binding proposal letter (the “Proposal”), dated December 22, 2025, from Mr. Changxun Sun, the Company’s founder and chief executive officer, and Trustbridge Partners VII, L.P. (collectively, the “Buyer Group”), proposing to acquire all of the outstanding Class A ordinary shares and Class B ordinary shares of the Company (the “Ordinary Shares”), including Ordinary Shares represented by American depositary shares (the “ADSs,” each representing six Class A ordinary shares), that are not already beneficially owned by the Buyer Group or their affiliates, for a purchase price of US$0.4940 per Ordinary Share, or US$2.9641 per ADS, in cash in a going private transaction (the “Proposed Transaction”), subject to certain conditions. The price represents (1) a premium of 51.23% to the Company’s closing price on the last trading day prior to the date of the proposal, and (2) a premium of 74.87% and 86.22% to the volume-weighted average closing price during the last 15 and 30 trading days prior to the date of the proposal, respectively. A copy of the Proposal is attached hereto as Annex A.

The Board intends to form a special committee consisting of independent and disinterested directors to consider the Proposal. The Board expects that the special committee will retain independent advisors, including independent financial and legal advisors, to assist it in this process.

The Board cautions the Company’s shareholders and others considering trading the Company’s securities that the Board has just received the Proposal and has not had an opportunity to carefully review and evaluate the Proposal or make any decision with respect to the Company’s response to the Proposal. There can be no assurance that any definitive offer will be made, that any definitive agreement will be executed relating to the Proposed Transaction or that this or any other transaction will be approved or consummated. The Company does not undertake any obligation to provide any updates with respect to this or any other transaction, except as required under applicable law.

About Cloopen Group Holding Limited

Cloopen Group Holding Limited is a leading multi-capability cloud-based communications solution provider in China offering a full suite of cloud-based communications solutions, covering communications platform as a service (CPaaS), cloud-based contact centers (cloud-based CC), and cloud-based unified communications and collaborations (cloud-based UC&C). Cloopen’s mission is to enhance the daily communication experience and operational productivity for enterprises. Cloopen aspires to drive the transformation of enterprise communications industry by offering innovative marketing and operational tactics and SaaS-based tools.

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

Forward-Looking Statements

This press release contains forward-looking statements made under the “safe harbor” provisions of Section 21E of the Securities Exchange Act of 1934, as amended, and the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Cloopen may also make written or oral forward-looking statements in its reports filed with or furnished to the SEC, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Any statements that are not historical facts, including statements about Cloopen’s beliefs and expectations as well as its financial outlook, are forward-looking statements. These forward-looking statements are based on Cloopen’s current expectations and involve factors, risks and uncertainties that could cause actual results to differ materially from those in the forward-looking statements. Further information regarding these and other risks, uncertainties or factors is included in Cloopen’s filings with the SEC. All information provided in this press release is current as of the date of the press release, and Cloopen does not undertake any obligation to update such information, except as required under applicable law. All forward-looking statements are qualified in their entirety by this cautionary statement, and you are cautioned not to place undue reliance on these forward-looking statements.

For investor and media inquiries, please contact:
Cloopen Group Holding Limited
Investor Relations
Email: ir@yuntongxun.com

 

Annex A

Preliminary Non-binding Proposal to Acquire Cloopen Group Holding Limited

December 22, 2025

The Board of Directors
Cloopen Group Holding Limited (the “Company“)
16/F, Tower A, Fairmont Tower
33 Guangshun North Main Street
Chaoyang District, Beijing 100102
The People’s Republic of China

Ladies and Gentlemen:

We, Mr. Changxun Sun, the chief executive officer of the Company and Trustbridge Partners VII, L.P. (collectively, the “Buyer Group“, “we” or “us“), acting for ourselves and on behalf of our respective affiliated funds and any of our or their nominee entities, are pleased to submit this preliminary non-binding proposal to acquire all of the outstanding Class A ordinary shares and Class B ordinary shares of the Company (the “Ordinary Shares“) and the American Depositary Shares of the Company (the “ADSs“, each ADS representing six Class A ordinary shares) that are not already beneficially owned by the Buyer Group or their affiliates in a privatization transaction (the “Acquisition“), as described below.

We believe that our proposal provides a very attractive opportunity to the Company’s shareholders. Our proposal values the Company at approximately the US$ 155.92 million (equivalent to RMB 1,100 million, calculated based on the exchange rate on December 12, 2025, as set forth in the H.10 statistical release of the Board of Governors of the Federal Reserve System), representing a premium of 51.23% to the Company’s closing price on the last trading day, and a premium of 74.87% and 86.22% to the volume-weighted average closing price during the last 15 and 30 trading days, respectively.

1.

Consortium. We have agreed to work together with each other as a buyer consortium in pursuing the Acquisition, and will form an acquisition company for the purpose of implementing the Acquisition.

2.

Purchase Price. The consideration payable for each Ordinary Share, par value US$0.0001 per share, of the Company will be US$0.4940 in cash, or US$2.9641 in cash for each ADS (in each case, other than those Ordinary Shares or ADSs held by us or our affiliates that may be rolled over in connection with the Acquisition).

3.

Funding. We intend to finance the Acquisition with a combination of equity and debt capital. Equity financing would be provided by the Buyer Group in the form of rollover equity in the Company and cash contributions from us, and we expect definitive commitments by financial institutions for the required debt to be in place when the Definitive Agreements (as defined below) are signed.

4.

Due Diligence. We have engaged Han Kun Law Offices as international legal counsel to our buyer consortium. We believe that we will be in a position to complete customary legal, financial and accounting due diligence for the Acquisition in a timely manner with the full cooperation of the Company, and in parallel with discussions on the Definitive Agreements.

5.

Definitive Agreements. We are prepared to promptly negotiate and finalize definitive agreements (the “Definitive Agreements“) in connection with the Acquisition and related transactions. These documents will provide for representations, warranties, covenants and conditions which are typical, customary and appropriate for transactions of this type.

6.

Process. We believe that the Acquisition will provide superior value to the Company’s shareholders. We recognize that the Company’s Board of Directors (the “Board“) will evaluate the Acquisition independently before it can make its determination to endorse it. Given the involvement of Mr. Changxun Sun and Trustbridge Partners VII, L.P. in the Acquisition, we appreciate that the independent members of the Board will proceed to consider the Acquisition. The members of the Buyer Group and their respective affiliates collectively own approximately 20.32% of the issued and outstanding Ordinary Shares of the Company and approximately 53.98% of the Company’s voting power.  In considering our offer, you should be aware that we are interested only in acquiring the outstanding Ordinary Shares that are not currently owned by us or our affiliates, and we do not intend to sell any Ordinary Shares owned by us or our affiliates to any third party during the Acquisition.

7.

Confidentiality. We expect the Company to make a public announcement in connection with receiving our proposal. However, we are sure you will agree with us that it is in all of our interests to ensure that we otherwise proceed in a strictly confidential manner, unless otherwise required by law, until we have executed Definitive Agreements or terminated our discussions.

8.

No Binding Commitment. This letter constitutes only a preliminary indication of our interest, and does not constitute any binding commitment with respect to the Acquisition. A binding commitment will result only from the execution of Definitive Agreements, and then will be on terms and conditions provided in such documentation.

In closing, we would like to express our commitment to working together to bring this Acquisition to a successful and timely conclusion. Should you have any questions regarding this proposal, please do not hesitate to contact us. We look forward to hearing from you.

[signatures begin on next page]

Sincerely,

/s/ Changxun Sun
Changxun Sun

Trustbridge Partners VII, L.P.

By: LIN  Ning David
Name: LIN Ning David
Title: Authorized Signatory

Jazz Hipster’s Next-Generation All-in-One Audio Platform Empowers Global Brands to Accelerate Market Success

TAIPEI, Dec. 24, 2025 /PRNewswire/ — Jazz Hipster Corporation, a Taiwan-based premium acoustics ODM manufacturer, announces that its All-in-One integrated audio platform has successfully enabled global brand partners to fast-track the development and launch of high-end audio products through its highly integrated system architecture and refined acoustic design. (Article is from LIFE NEWS)


Jazz Hipster’s All-in-One audio platform consolidates the amplifier, streaming module, DSP (Digital Signal Processing), and loudspeaker system into a unified architecture. This significantly reduces product design and system integration complexity while delivering exceptional sound performance, elegant industrial design, and an intuitive user experience. The platform supports multi-room streaming, mobile device control, and OTA (over-the-air) firmware updates, with full compatibility for leading music services including AirPlay 2, Chromecast, Roon Ready, Spotify, TIDAL, and Qobuz.

Jazz Hipster has partnered with multiple leading European and American audio brands to successfully bring All-in-One audio products to the international market, establishing a strong reputation in the premium home audio segment. These products have earned high praise from brands and end markets alike for their tonal consistency, system stability, and production reliability—demonstrating Jazz Hipster’s proven expertise in acoustic manufacturing and system integration.

“We don’t just provide hardware manufacturing—we help brands bring their acoustic design, system integration, and market positioning together as a complete, market-ready solution,” said William Hsu, General Manager of Jazz Hipster. “The maturity of our All-in-One platform is the result of years of collaboration with European and American brands. It allows us to respond more rapidly to the market’s growing demand for highly integrated, high-quality audio products.”

On the product development front, Jazz Hipster continues to deepen its expertise in acoustic tuning, DSP algorithm development, and system architecture design. By adopting a modular platform approach, the company enables brand partners to preserve their unique design language while shortening development cycles and improving time-to-market success rates.

“Our role is to be the most reliable technology partner behind the brand,” said Ben Hsu, Product Manager at Jazz Hipster. “All-in-One audio platform fully embraces the streaming-era user behaviors and the trend toward digital integration in home entertainment. With our turnkey solution, brands can enter the market quickly and focus on their core competencies—product experience and market communication—while we provide end-to-end support for system integration and production quality.”

With over four decades of acoustic manufacturing expertise, a vertically integrated R&D and manufacturing system, and a global production footprint spanning the regions of Taiwan, Mainland China, and Indonesia, Jazz Hipster continues to deliver one-stop premium audio ODM solutions for international brands—playing a pivotal role in the global streaming audio and integrated audio system markets.

GENTLE MONSTER Takes Legal Action Against Blatant Product and Branding Imitation

SINGAPORE, Dec. 24, 2025 /PRNewswire/ — IICOMBINED Co., Ltd., the company behind global fashion eyewear brand GENTLE MONSTER, announced that it is taking legal action against a Korean eyewear brand (“Company B”) for copying its product designs and offline space concepts.

Since its founding in 2011, GENTLE MONSTER has grown into an independent global brand through innovative design and distinctive brand experiences. The brand has received investment from global companies including Google and LVMH-affiliated investment firms and has been recognised internationally for its originality and competitiveness in design.

IICOMBINED clarified that GENTLE MONSTER has no business or manufacturing relationship with any other eyewear company and emphasised that such claims are false and misleading. An internal investigation into design similarities revealed a high level of resemblance in at least 30 eyewear products.

In response, IICOMBINED filed a design invalidation trial with the Korean Intellectual Property Trial and Appeal Board in March this year, and a decision is currently pending.

To protect brand integrity and prevent consumer confusion, IICOMBINED is pursuing both civil and criminal legal action. A criminal complaint was filed against Company B with investigative authorities in December last year. In March and June this year, provisional seizure applications were submitted to preserve damages. In October 2025, IICOMBINED further filed a lawsuit seeking an injunction and damages under the Unfair Competition Prevention Act.

Over the years, the brand has grown into a global presence through the dedication and creativity of many contributors, as well as the continued trust and support of its customers. The company maintains a firm stance against any actions that imitate its brand identity or creative output, undermine brand value, or cause confusion among consumers.

Mantle, the Distribution Layer for Onchain Finance, Positioned Among Leading Layer 2s in New Messari Report

DUBAI, UAE, Dec. 24, 2025 /PRNewswire/ — Messari has published an in-depth report examining Mantle’s network design, ecosystem structure, and recent milestones, highlighting the protocol’s evolution toward a coordinated distribution layer for onchain finance. The analysis focuses on Mantle’s deepening exchange integration, expanding real-world asset infrastructure, and the emergence of a modular financial stack spanning capital, applications, and user access.

Mantle, the Distribution Layer for Onchain Finance, Positioned Among Leading Layer 2s in New Messari Report
Mantle, the Distribution Layer for Onchain Finance, Positioned Among Leading Layer 2s in New Messari Report

Deepening Distribution Through Bybit Integration

Messari highlights Mantle’s evolving relationship with Bybit, which has progressed from a standard token listing to a deep platform-level integration where MNT functions as a core asset across trading, fee payments, VIP programs, and institutional products. Following a joint roadmap announced in August 2025, Bybit expanded MNT-quoted trading pairs, enabled discounted MNT-denominated fees, and introduced MNT-based benefits for VIP and institutional users. During this period, MNT’s circulating market capitalization reached approximately $8.7 billion on October 8, 2025, reflecting expanded access, improved liquidity, and broader participation across Bybit’s distribution channels.

Capital Formation Anchored for DeFi Hubs

The report notes that Mantle’s capital base is anchored by mETH Protocol, which remains one of the network’s largest sources of onchain liquidity. As of late 2025, mETH holds $791.7 million in ETH and cmETH holds $277 million, representing approximately $1.07 billion in underlying assets. On the application layer, Mantle’s DeFi TVL reached $242.3 million as of September 30, 2025, reflecting continued growth in onchain activity across the network.

Expanding Institutional Stack Across RWAs, DeFi, and Infrastructure

Messari also underscores Mantle’s progress in building institutional-grade onchain infrastructure through its Tokenization-as-a-Service (TaaS) platform, which provides end-to-end support for compliant RWA issuance. Institutional activity expanded through issuances such as Ondo Finance’s USDY, which reached approximately $29 million tokenized on Mantle, alongside broader ecosystem initiatives including global RWA hackathons and scholarship programs.

“Institutions don’t adopt isolated execution layers, but they adopt ecosystems that coordinate capital, liquidity, and distribution,” said Emily Bao, Key Advisor at Mantle. “Mantle’s focus has been on closing those gaps and making onchain finance usable at institutional scale, rather than optimizing for throughput alone.”

“Mantle’s development reflects a broader shift among Layer 2s toward coordinating capital, applications, and distribution rather than optimizing execution in isolation,” said Evan Zakhary, Protocol Research Analyst at Messari. “Its growing capital stack and exchange-led distribution position it as a network focused on institutional onchain activity.”

Messari’s analysis positions Mantle as a Layer 2 evolving beyond execution to coordinate capital, infrastructure, and distribution. As the network deepens exchange integration and institutional adoption, Mantle is increasingly defined by its role as a distribution layer for institutional onchain finance.

About Mantle

Mantle positions itself as the premier distribution layer and gateway for institutions and TradFi to connect with onchain liquidity and access real-world assets, powering how real-world finance flows.

With over $4B+ in community-owned assets, Mantle combines credibility, liquidity, and scalability with institutional-grade infrastructure to support large-scale adoption. The ecosystem is anchored by $MNT within Bybit, and built out through core ecosystem projects like mETH, fBTC, MI4 and more. This is complemented by Mantle Network’s partnerships with leading issuers and protocols such as Ethena USDe, Ondo USDY, OP-Succinct and EigenLayer.

For more information about Mantle, please visit: mantle.xyz
For more social updates, please follow: Mantle Official X & Mantle Community Channel  
For media enquiries, please contact: contact@mantle.xyz 

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit’s Communities and Social Media

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My Journey as a Lawyer in Central Asia–The Dream-Chasing Story of Yang Ying, a Post-95 Girl from Jiangxi, in Kyrgyzstan

BISHKEK, Kyrgyzstan, Dec. 24, 2025 /PRNewswire/ — A report from New Legal Report:

Yang Ying, a post-95 girl from Jiujiang, Jiangxi Province, has now anchored her life more than 5,000 kilometers away from home, in Kyrgyzstan.

“Go and see a broader world.” With this in mind, Yang Ying, a master of ecology, resolutely stepped down from the lectern. She spent six intense months tackling China’s National Judicial Examination and made a career switch to become a lawyer. Earlier this year, she was recruited by Weimin Law Firm—the first law firm from Jiangxi to expand overseas—and left the Jiangnan area of China for the borderlands beyond the Tianshan Mountains.

Over the past year, she and her colleagues have traveled between the service windows of the Ministry of Justice of Kyrgyzstan and the rural areas of the Chuy Valley. Working in an environment with different languages and legal systems, she has provided legal services for economic and trade exchanges between enterprises and individuals from China and Kyrgyzstan. Having gained experience through practice, she has become the youngest and yet the most experienced foreign-related lawyer at the firm.

Yang Ying on the job
Yang Ying on the job

A Post-95 Foreign-Related Lawyer

This year is Yang Ying’s first year of being stationed in Central Asia as a post-95 lawyer at Weimin (Bishkek) Law Firm.

On December 11, after preparing the relevant documents for the Hague Apostille at her office, Yang Ying carefully placed them into a folder and, accompanied by an interpreter, went to the Ministry of Justice of Kyrgyzstan, which is three kilometers away.

After entering the building, she queued up, filled out application forms, and sat down at the service window. The official checked the documents, cross-referencing the signatures and seals with the samples. She could only half understand the Russian the official spoke.

The interpreter leaned over to pass on the message, and only then did she learn that the official had questions about the company’s articles of association and other content.

Yang Ying turned around and explained to the official in a soft voice. Back and forth, the legal systems of the two countries linked up just like this through the glass window. Then, with a sharp snap, the official pressed a blue square “APOSTILLE” seal onto the document.

The car speeding back to the law firm raced west along Chuy Avenue. The snow line of the Tianshan Mountains was pressed even lower by the cloud layers in the distance. Streets laid out neatly like a chessboard, parks dotted with numerous statues, and tall street trees were already cloaked in silver. In her first year in Central Asia, Yang Ying had grown accustomed to the distinct seasonal cycles here.

This main road running across the city stretches further west, connecting to Deng Xiaoping Street—a road built to draw on the experience of China’s reform and opening-up. To the locals, it is a bond linking to the East, carrying forward the friendship of the ancient Silk Road and bearing the weight of increasingly frequent economic and trade exchanges.

In May 2023, the heads of China and Kyrgyzstan met in Xi’an, upgrading their bilateral relations to a comprehensive strategic partnership for a new era. The joint construction of the Belt and Road Initiative has inspired people from all walks of life to flock to this essential hub on the ancient Silk Road. Weimin (Bishkek) Law Firm, officially established in April 2024, is one of them—and it is also the first Chinese-funded law firm to set up operations in Kyrgyzstan.

Weimin (Bishkek) Law Firm is located at the bustling intersection of Chuy Avenue and Manas Avenue.Even when the temperature drops to minus 10 degrees Celsius on winter nights, the newly built shopping complexes here still brim with the vitality of modern commerce. After more than a year of development, Weimin (Bishkek) Law Firm has become the largest law firm in the local region.

Yang Ying and her colleagues at Issyk-Kul Lake
Yang Ying and her colleagues at Issyk-Kul Lake

“Go and See a Broader World”

While many of her peers were steadily settling into their predetermined life tracks, Yang Ying, standing at a crossroads in life, once grappled alone with confusion and anxiety.

As a master’s student in ecology, Yang Ying once carried soil sampling equipment and traveled through the mountains and rivers of Jiangxi with her supervisor on fieldwork. After graduation, she became a teacher, only to soon realize that the role was a poor fit for her. Then the thought of “going to see a broader world” resurfaced—and she resolutely switched majors to prepare for the exam, and passed the National Judicial Examination in just half a year.

When she first worked as a trainee lawyer, she carried a notebook every day and shuttled between the visitor seats of various courtrooms in Jiujiang. The domestic legal industry was highly competitive, and she hadn’t fully adapted to the pace yet. One day, she swiped across her phone and saw a recruitment notice for lawyers to be stationed in Kyrgyzstan.

This information came from Weimin Law Firm, the first law firm from Jiangxi to expand its business overseas. Faced with the huge differences in legal jurisdictions in Central Asia, Chinese-funded enterprises and a growing number of investors are in urgent need of legal support from Chinese lawyers working abroad. However, hampered by language barriers, cultural gaps and differences in living abroad, the first two resident lawyers dispatched by Weimin Law Firm both chose to return to China for development at the end of the year. Selecting foreign-related talents willing to root themselves in the front line has become a challenge for the firm.

At the interview held at Weimin Law Firm’s Jiujiang headquarters, the interviewers sized up the young lady before them—who still retained her bookishness, and couldn’t help but feel anxious: Could she really adapt to the life in the borderlands beyond the Tianshan Mountains?

Yang Ying’s decision was not a spur-of-the-moment act. Before the interview, she had studied a great deal of relevant materials about Kyrgyzstan and believed firmly that the country held broader opportunities.

“Take responsibility for your life, and don’t look back.” With her parents’ words in mind, Yang Ying left home after the 2025 Spring Festival, traveling from Nanchang to Wuhan by high-speed rail, then flying to Urumqi before catching an early flight to Bishkek, Kyrgyzstan, where she joined Weimin (Bishkek) Law Firm as a resident lawyer.

Everything had to be learned from scratch. Every day, Yang Ying visited and received clients. When dealing with documents sent from China, she first had to figure out the internal processes of different companies and documents, so as to explain them to the officials of the Ministry of Justice of Kyrgyzstan later. When clients missed supplementary certificates, she also had to find ways to handle it. Once, while chatting with a client in the office, Yang Ying replied to messages from seven or eight people on her phone simultaneously. The client was stunned and couldn’t help asking, “How did you do that?”

At the time, the law firm had only six or seven people. Apart from interpreters and administrative staff, Yang Ying was the only Chinese lawyer there.

Her first case, which was handling legal work for a state-owned enterprise, took Yang Ying two weeks of persistent effort to get done. To devote more energy to her work, she often cooked several days’ worth of meals in advance and stored them in the fridge, then just mixed them with chili sauce for a quick lunch.

Chinese enterprises operating in Central Asia—ranging from large corporations to individual traders—each face their own difficulties. Large enterprises demand that matters be resolved quickly and naturally place strict requirements on processes. Some owners of small and micro businesses thought it would be simple to submit documents to the Ministry of Justice of Kyrgyzstan by themselves, only to have their documents rejected with numerous issues pointed out, which was why they rushed to the law firm in a hurry. In Yang’s view, there are differences between the two countries in legal systems and ways of thinking,and the important responsibility of Jiangxi lawyers working overseas is to resolve the practical difficulties caused by these differences for enterprises and investors.

From Newcomer to Veteran

By July, the real estate market in Bishkek had started to boom. However, in Yang Ying’s view, huge legal risks lurked behind this upsurge. Small and micro enterprises coming to invest often suffer losses because they are unfamiliar with local laws. For example, an investor takes a fancy to a plot of land and intends to build a homestay hotel, after paying the full amount only to find that the land is only allowed to be used for building model house-style structures, or its development is restricted. If they also encounter unclear ownership or pledge disputes, investors will be even more hard-pressed. Changing the land use purpose in Kyrgyzstan is an extremely time-consuming and energy-draining task.

The demand for land background investigations extended Yang Ying’s office workplace from the firm to the vast rural areas. She and her colleagues often drove back and forth across the Chuy Valley.

As the law firm developed, more and more new faces arrived in Bishkek one after another. Yang Ying transitioned from a newcomer to a veteran foreign-related lawyer and took on the responsibility of mentoring new recruits. She took the new lawyers to the nearby bazaars, carried dozens of jin (1 jin=0.5 kg) of food back to the apartments, briefed the new recruits on the firm’s situation, and clearly explained the clients they served and the corresponding projects. She also assisted the new recruits in gradually getting the hang of the cases assigned by the partners. Meanwhile, she kept learning new practice areas as local legal provisions are updated from time to time.

Today, Weimin (Bishkek) Law Firm has grown to a team of 20 people, and about 90% of its clients are Chinese-funded enterprises and Chinese citizens investing and developing in Kyrgyzstan. The team acts as perennial legal counsel or financial and taxation consultant for more than 20 Chinese-funded enterprises in Kyrgyzstan, and also undertakes a number of complex legal service tasks including BOT investment and financing, equity cooperation, and EPC general contracting for the China–Kyrgyzstan–Uzbekistan Railway project, with the total investment of the projects it serves reaching 10 billion US dollars.

“Don’t be confined to the gains and losses of a single place or city; instead, see a broader world and have a more open mind.” Yang Ying recalls the words her mentor once said to her occasionally.

Today, in downtown Bishkek, the number of Chinese-funded law firms serving economic and trade exchanges has grown from one to seven.

Yang Ying says she has witnessed vigorous growth of Chinese-funded law firms along the New Silk Road from a “single seedling” to “a constellation of stars”—and in resonating in sync with the times, she has met a version of herself that is more open-minded and resilient than ever before.

In the gaps between her busy work, Yang Ying would break away from her desk with colleagues and drive 200 kilometers east to Lake Issyk-Kul. For Yang Ying, this place brings a long-missed sense of vastness. Snow-capped mountains stretch endlessly in the distance, while the lake water remains calm in the bitter winter—like a huge, unfreezable sapphire inlaid at the foot of the Tianshan Mountains.

On the China–Kyrgyzstan–Uzbekistan Highway in the distance, busy freight trucks rumble along the winding roads, carrying massive quantities of goods back and forth between China and Kyrgyzstan.

/C O R R E C T I O N — Phygital International/

In the news release, Games of the Future 2025 Concludes After Six Action-Packed Days, issued 24-Dec-2025 by Phygital International over PR Newswire, we are advised by the company that the 6th paragraph, second sentence is a repetition and can be removed. The complete, corrected release follows:

Games of the Future 2025 Concludes After Six Action-Packed Days

Crowds flocked to ADNEC in Abu Dhabi as millions more watched around the world, cementing the phygital sporting event’s global appeal

ABU DHABI, UAE, Dec. 24, 2025 /PRNewswire/ — The Games of the Future Abu Dhabi 2025 powered by ADNOC has officially concluded, following six unforgettable days of high-energy, action-packed competition that pushed the boundaries of sport, technology, and entertainment. The event marked a defining moment for the rapidly growing phygital movement, reinforcing its role in shaping the future of sport. 

Drone Racing in action at GOTF 2025
Drone Racing in action at GOTF 2025

Taking place from 18-23 December at ADNEC Centre Abu Dhabi, more than 850 participants from over 60 countries competed in 11 disciplines spanning phygital sports, tech sports, and esports. Champions were crowned in front of thousands of fans across packed arenas, with hundreds of millions more viewing broadcasts, social feeds and streams around the world. Competitors ranging from 13 to 72 years old underlined the inclusivity and cross-generational appeal that defines the Games of the Future.

The tournament delivered a constant stream of standout moments that blended elite athletic performance with strategic gameplay and technological innovation. Spectator favorites included large-scale tech showcases such as Battle of Robots, which saw 2.48 tons of robots flown into the UAE for competition. There were also globally popular esports competitions including MOBA PC.Dota 2,Mobile Mobile.MLBB and Battle Royale.Featuring Fortnite tournaments, alongside crowd-pleasing phygital formats such as Phygital Football powered by ADNOCPhygital Basketball. 3on3 FreeStyle brought to you by M42, Phygital Shooter. CS 2Phygital Dancing.Just Dance and Phygital Fighting. FATAL FURY: City of the Wolves.

Cutting-edge tech sports including Phygital Drone Racing, where precision piloting meets elite athletic focus, added further intensity, while the event also marked a regional milestone with VR-Game.HADO Global Invitation being competed in the Middle East for the first time.

Packed arenas and immersive fan experiences underscored the tournament’s unique ability to merge live sport with technology, creating a format that is fast-paced, accessible, and deeply engaging for a new generation of global audiences.

The success of the Games of the Future Abu Dhabi 2025 is a testament to what can be achieved when innovation, ambition, and collaboration come together,” said Nis Hatt, CEO of Phygital International. “This milestone would not have been possible without the outstanding support and shared vision of Abu Dhabi Sports Council, ASPIRE and Ethara, whose commitment to excellence continues to elevate Abu Dhabi’s global sporting profile and leadership in innovation. The past six days have provided a glimpse into the future of sport, where physical performance, technology, and digital culture come together to inspire a new generation of fans and athletes.”

The Games of the Future Abu Dhabi 2025 reached millions of fans worldwide, broadcast live via the new dedicated Games of the Future OTT platform, supported by 27 global broadcast and streaming partners delivering coverage in more than 13 languages. This extensive distribution ensured unprecedented global accessibility and positioned the event as a benchmark for digital-first, multi-platform sports broadcasting.

With the Games of the Future Abu Dhabi 2025 now complete, attention turns to Astana, Kazakhstan, which will host the Games of the Future 2026 next summer. In the lead-up to the event, Astana will also stage Phygital Contenders tournaments in June, featuring multiple disciplines and bringing together local and international participants.

In parallel, Phygital International has confirmed that the bidding process for future host cities is now open, inviting prospective bidders to apply to stage the tournament in 2028, 2029, or 2030, as the event continues its global expansion.

The passing of the Phygital Flame to Astana represents the next exciting chapter for the phygital movement and the Games of the Future,” added Nis Hatt. “The Games of the Future 2026 will build on the incredible foundation laid here in Abu Dhabi and continue to push the boundaries of what phygital sport can achieve on a global stage.”

For full results and more information from the Games of the Future Abu Dhabi 2025, visit gotfabudhabi.com.

For all the highlights and to replay action from the Games of the Future 2025, visit: tv.gofuture.games.

About Phygital International (PI):  

Phygital International is the promoter of phygital sports globally and is focused on innovating and redefining sports. It is the custodian and rights holder of the Games of the Future and oversees the bidding process for each host city.

For further information please visit: https://Phygitalinternational.com  

About the Games of the Future (GOTF):  

The Games of the Future is an annual international event which is the pinnacle of phygital sport, that fuses the worlds of physical and digital sport. The tournament brings together the next generation of phygital sporting heroes from all over the world to compete in a diverse range of phygital disciplines and challenges. The Games of the Future 2025 was hosted in Abu Dhabi, UAE while the Games of the Future 2026 will be held in Astana, Kazakhstan.

For more information please visit: https://gofuture.games/ 

phygital@marylebonecommunications.com  

Phygital athletes celebrating the trophy at GOTF 2025
Phygital athletes celebrating the trophy at GOTF 2025

 

Phygital Athletes playing on the physical side at GOTF 2025
Phygital Athletes playing on the physical side at GOTF 2025

 

MOBAMobile.MLBB in action at GOTF 2025
MOBAMobile.MLBB in action at GOTF 2025