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Robot Consulting Co., Ltd. Announces Fiscal Year 2025 Financial Results

TOKYO, Aug. 15, 2025 /PRNewswire/ — Robot Consulting Co., Ltd. (Nasdaq: LAWR) (the “Company” or “Robot Consulting”), a Japanese platform service provider focusing on human resource solutions with an intention to expand into legal technology and the metaverse, today announced its financial results for the fiscal year ended March 31, 2025.

Fiscal Year 2025 Financial Summary

  • Revenue was JPY675.6 million ($4.5 million) in the fiscal year ended March 31, 2025, compared to JPY693.1 million in the fiscal year ended March 31, 2024.
  • Gross profit was JPY671.6 million ($4.5 million) in the fiscal year ended March 31, 2025, compared to JPY673.3 million in the fiscal year ended March 31, 2024.
  • Net loss was JPY534.7 million ($3.6 million) in the fiscal year ended March 31, 2025, a decrease of 19.2% from JPY662.0 million in the fiscal year ended March 31, 2024.
  • Basic and diluted loss per share was JPY12.7 in the fiscal year ended March 31, 2025, compared to JPY16.1 in the fiscal year ended March 31, 2024.

Mr. Amit Thakur, Director and Chief Executive Officer of Robot Consulting, remarked, “In fiscal year 2025, we achieved notable progress in our software business while continuing to streamline our operations. Our software revenue increased by 101.0% year over year, driven by the continued adoption of our Labor Robot platform since its launch in 2023. This growth reinforces our commitment to delivering innovative solutions that meet evolving customer needs. We also achieved substantial cost improvements, with the cost of revenue down 80.2% and selling, general, and administrative expenses reduced by 8.3%, resulting in a narrower net loss compared to the prior fiscal year.

“A major recent milestone was our successful listing on the Nasdaq Capital Market under the ticker symbol ‘LAWR’ on July 17, 2025. We anticipate that this achievement will enhance our visibility with global investors, broaden our access to capital, and provide the Company with the resources needed to accelerate innovation.

“Looking ahead, we remain focused on growing the market reach of our products while enriching our product portfolio. We are currently in the process of developing and incorporating desired features to the prototype of Robot Lawyer, with a plan to launch it in November 2025. Together with our growth initiatives and supported by our ongoing operational improvements, we believe these efforts will position us to capture new opportunities, strengthen our market presence, and deliver sustainable value for our shareholders over the long term.”

Fiscal Year 2025 Financial Results

Revenue

Revenue was JPY675.6 million ($4.5 million) in the fiscal year ended March 31, 2025, a decrease of 2.5% from JPY693.1 million in the fiscal year ended March 31, 2024. The decrease was primarily driven by the following factors:

  • Revenue from sales of software was JPY151.0 million ($1.0 million) in the fiscal year ended March 31, 2025, an increase of 101.0% from JPY75.1 million in the fiscal year ended March 31, 2024. Since the Company released its software, Labor Robot, in 2023, the number of accumulated users increased, with more users as of the fiscal year ended March 31, 2025 compared to the prior fiscal year 2024, which resulted in higher revenue in the fiscal year ended March 31, 2025.
  • Revenue from consulting and support services was JPY524.6 million ($3.5 million) in the fiscal year ended March 31, 2025, a decrease of 15.1% from JPY618.0 million in the fiscal year ended March 31, 2024, as the Company discontinued the e-commerce store set-up services and had no revenue from such services during the fiscal year ended March 31, 2025.

Cost of Revenue

Cost of revenue was JPY3.9 million ($26,000) in the fiscal year ended March 31, 2025, a decrease of 80.2% from JPY19.8 million in the fiscal year ended March 31, 2024. The decrease was primarily due to the discontinuation of e-commerce store set-up services, which had a higher cost of revenue relative to total revenue.

Gross Profit

Gross profit was JPY671.6 million ($4.5 million) in the fiscal year ended March 31, 2025, a decrease of 0.2% from JPY 673.3 million in the fiscal year ended March 31, 2024.

Operating Expenses

Operating expenses were JPY1,205.8 million ($8.0 million) in the fiscal year ended March 31, 2025, a decrease of 9.0% from JPY1,325.1 million in the fiscal year ended March 31, 2024.

  • Research and development expenses were JPY86.2 million ($0.6 million) in the fiscal year ended March 31, 2025, a decrease of 16.7% from JPY103.4 million in the fiscal year ended March 31, 2024. The decrease was primarily due to reduced software development costs related to Lawyer Robot incurred during the fiscal year ended March 31, 2024.
  • Selling, general, and administrative expenses were JPY1,119.6 million ($7.5 million) in the fiscal year ended March 31, 2025, a decrease of 8.3% from JPY1,221.6 million in the fiscal year ended March 31, 2024. The decrease was primarily due to lower audit-related expenses.

Other Income (Expenses), net and Interest Expenses

Other expenses were JPY0.5 million ($3,000) in the fiscal year ended March 31, 2025, a decrease of 95% from JPY10.2 million in the fiscal year ended March 31, 2024. The decrease was primarily due to the impairment loss on investments as non-recurring expenses in the fiscal year ended March 31, 2024.

Net Loss

Net loss was JPY534.7 million ($3.6 million) in the fiscal year ended March 31, 2025, a decrease of 19.2% from JPY662.0 million in the fiscal year ended March 31, 2024.

Basic and Diluted Loss per Share

Basic and diluted loss per share was JPY12.7 in the fiscal year ended March 31, 2025, compared to JPY16.1 in the fiscal year ended March 31, 2024.

Financial Condition

As of March 31, 2025, the Company had cash and cash equivalents of JPY112.0 million, compared to JPY471.6 million as of March 31, 2024.

Net cash used in operating activities was JPY283.0 million in the fiscal year ended March 31, 2025, compared to JPY317.1 million in the fiscal year ended March 31, 2024.

Net cash used in investing activities was JPY13.1 million in the fiscal year ended March 31, 2025, compared to JPY8.9 million in the fiscal year ended March 31, 2024.

Net cash used in financing activities was JPY63.6 million in the fiscal year ended March 31, 2025, compared to net cash provided by financing activities of JPY346.4 million in the fiscal year ended March 31, 2024.

Exchange Rate Information

This announcement contains translations of certain JPY amounts into U.S. dollars for the convenience of the reader. Translations of amounts from JPY into U.S. dollars have been made at the exchange rate of JPY149.9 = $1.00, which was the foreign exchange rate on March 31, 2025 as reported by the Board of Governors of the Federal Reserve System in its weekly release on April 7, 2025.

About Robot Consulting Co., Ltd.

Robot Consulting Co., Ltd. is a Japanese platform service provider focusing on human resource solutions with an intention to expand into legal technology and the metaverse. The Company’s major product, “Labor Robot,” is a cloud-based human resource management system that helps users track employee attendance, manage sales orders, and journalize accounting items. Robot Consulting also assists users with grant and subsidy applications and provides consulting and support services for digital transformation to small and medium-sized businesses. Robot Consulting also aims to create more software and services related to digital transformation, legal technology, and the metaverse. The Company is currently developing “Robot Lawyer,” which will enable users to pose metaverse-related legal questions on certain metaverse platforms through Robot Lawyer’s AI-powered chat interface, search legal precedents through an AI-driven search engine, and access lawyer matching services for further legal consultation. For more information, please visit the Company’s website: https://ir.robotconsulting.net.

Forward-Looking Statements

Certain statements in this announcement are forward-looking statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy, and financial needs. Investors can find many (but not all) of these statements by the use of words such as “approximates,” “believes,” “hopes,” “expects,” “anticipates,” “estimates,” “projects,” “intends,” “plans,” “will,” “would,” “should,” “could,” “may,” or other similar expressions in this prospectus. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to review other factors that may affect its future results in the Company’s registration statement and other filings with the U.S. Securities and Exchange Commission (“SEC”). Additional factors are discussed in the Company’s filings with the SEC, which are available for review at www.sec.gov.

For more information, please contact:

Robot Consulting Co., Ltd.
Investor Relations Department
Email: ir@robotconsulting.net

Ascent Investor Relations LLC
Tina Xiao
Phone: +1-646-932-7242
Email: investors@ascent-ir.com

 

BALANCE SHEETS

As of March 31, 2025 and 2024

(Yen in thousands, except share data)

2025

2024

March 31,

2025

2024

ASSETS

Current Assets:

Cash and cash equivalents

¥

112,012

¥

471,648

Accounts receivable, net

21,412

84,424

Related party receivable

9,304

Deferred offering costs

131,035

67,470

Prepaid expenses and other current assets

13,041

76,538

Total Current Assets

277,500

709,384

Non-current Assets:

Restricted cash

19,470

19,470

Property and equipment, net

6,946

1,929

Operating lease right-of-use assets, net

880

6,778

Intangible assets, net

7,104

1,962

Investments – Non-current

134

134

Other assets

1,938

3,888

Total Assets

¥

313,972

¥

743,545

LIABILITIES AND SHAREHOLDERS’ DEFICIT

Current Liabilities:

Trade accounts payable

¥

113,962

¥

368,883

Other payable

58,150

64,765

Accrued expenses

1,614

936

Deferred revenue – Current

351,937

130,824

Current portion of operating lease liabilities

402

6,523

Total Current Liabilities

526,065

571,931

Non-current Liabilities:

Non-current operating lease liabilities

479

255

Deferred revenue – Non-current

412,996

268,589

Other liabilities

25,817

19,470

Total Liabilities

965,357

860,245

Commitments and contingencies (Note 10)

SHAREHOLDERS’ DEFICIT:

Ordinary share, JPY1.7 par value – 168,000,000 shares authorized as of
March 31, 2025 and 2024; 42,210,000 shares issued and outstanding as of
March 31, 2025 and 2024

70,350

70,350

Additional paid-in capital

1,060,750

1,060,750

Accumulated deficit

(1,782,485)

(1,247,800)

Total Shareholders’ Deficit

(651,385)

(116,700)

Total Liabilities & Shareholders’ Deficit

¥

313,972

¥

743,545

 

STATEMENTS OF OPERATIONS

For the Fiscal Years Ended March 31, 2025, 2024 and 2023

(Yen in thousands, except share and per share data)

2025

2024

2023

For the Fiscal Years Ended March 31,

2025

2024

2023

Restated

Revenue

¥

675,561

¥

693,104

¥

83,597

Cost of revenue

3,936

19,848

70,622

Gross profit

671,625

673,256

12,975

Operating expenses:

Research and development

86,158

103,440

138,322

Selling, General and Administrative Expenses

1,119,641

1,221,614

342,670

Total operating expenses

1,205,799

1,325,054

480,992

Loss from operations

(534,174)

(651,798)

(468,017)

Other income (expenses), net

(511)

(10,168)

(10,591)

Interest expenses

(25)

Loss before income taxes

(534,685)

(661,966)

(478,633)

Provision for income taxes

Net Loss

¥

(534,685)

¥

(661,966)

¥

(478,633)

Net loss per share attributable to shareholders, basic
and diluted

¥

(12.7)

¥

(16.1)

¥

(12.3)

Weighted-average shares outstanding used to
compute net loss
per share, basic and diluted

42,210,000

41,127,797

38,882,926

 

STATEMENTS OF CASH FLOWS

For the Fiscal Years Ended March 31, 2025, 2024, and 2023

(Yen in thousands)

2025

2024

2023

For the Fiscal Years Ended March 31,

2025

2024

2023

Restated

Cash flows from operating activities:

Net loss

¥

(534,685)

¥

(661,966)

¥

(478,633)

Adjustments to reconcile net loss to net cash used in operating
activities:

Depreciation and amortization

2,892

1,832

220

Noncash lease expenses

6,643

6,179

2,968

Loss on disposal of property and equipment

592

Impairment loss on investments

10,000

10,000

Change in allowance for credit losses

(7,044)

Accounts receivable

70,056

(2,441)

(81,983)

Related party receivable

9,304

(7,230)

(2,073)

Prepaid expenses and other current assets

63,495

(51,507)

(9,555)

Other Assets

1,950

(2,297)

(594)

Accounts payable and accrued expenses

(260,857)

220,609

189,607

Deferred revenue

365,520

175,942

219,185

Operating lease liabilities

(6,643)

(6,179)

(2,968)

Other liabilities

6,350

19,470

Net cash used in operating activities

(283,019)

(317,058)

(133,764)

Cash flows from investing activities:

Purchase of property and equipment

(7,587)

(3,339)

(437)

Purchase of intangible assets

(5,464)

(2,101)

Acquisition of investments

(10,000)

(10,134)

Proceeds from sales of investment

6,552

Net cash used in investing activities

(13,051)

(8,888)

(10,571)

Cash flows from financing activities:

Payment for deferred offering costs

(63,566)

(22,015)

(45,454)

Proceeds from stock issuance

338,600

335,500

Proceeds received for subscription receivable

29,834

17,327

Net cash provided by financing activities

(63,566)

346,419

307,373

Net increase in cash, cash equivalents and restricted
cash

(359,636)

20,473

163,038

Cash, cash equivalents and restricted cash at
beginning of period

491,118

470,645

307,607

Cash, cash equivalents and restricted cash at end
of period

¥

131,482

¥

491,118

¥

470,645

Reconciliation of cash, cash equivalents and
restricted cash

Cash and cash equivalents

¥

112,012

¥

471,648

¥

451,175

Restricted cash

19,470

19,470

19,470

Total cash, cash equivalents and restricted cash

¥

131,482

¥

491,118

¥

470,645

 

Phetnilan ‘Golf’ Keovongsi Triumphs at International Dance Competition in China

Phetnilan ‘Golf’ Keowongsi Triumphs at International Dance Competition in China
Phetnilan Keowongsi, also known as Bboy KA-G, a solo dancer from Laos, performs on stage (photo credit: Cloud Jam China)

A 28-year-old Lao dancer, Phetnilan “Golf” Keovongsi, better known in the breakdancing world as Bboy KA-G, has brought home a victory from the Cloud Jam China dance competition held on 9 August in Kunming, China.

Uproot Company Deepens Partnership with VSV Capital Through Strategic Web3 Advisory Role

SEOUL, South Korea, Aug. 15, 2025 /PRNewswire/ — Uproot Company, a leading provider of AI-powered digital asset investment solutions, announced today that Chief Operating Officer Seung-gu Kang has joined as a Web3 Advisor to VSV Capital, Vietnam’s first startup accelerator.

VSV Capital has been a cornerstone of Vietnam’s startup ecosystem since its inception, actively investing from Seed to Series B stages. In 2022, it was named “Most Active VC” by Singapore-based tech media Tech in Asia, solidifying its reputation as one of the country’s most influential venture capital firms.

Uproot Company’s collaboration with VSV Capital began in 2024 when it was selected for the Global Accelerating Support Program, in which VSV participated as a partner. The relationship has since strengthened through the co-development and launch of a localized version of Uproot’s AI-powered Bitsaving platform tailored for Vietnamese investors.

“As VSV Capital’s Web3 Advisor, my mission is to help Vietnamese people truly understand Bitcoin—the first and most important form of Web3 digital money—and guide them toward investing wisely, easily, and for the long term,” said Kang. “I also aim to help Vietnam stay ahead in the rapidly evolving digital economy.”

Looking ahead, Uproot Company expects its AI and on-chain data analytics-based smart investment platform to become a trusted tool for long-term wealth building in Vietnam. As part of this mission, Uproot is spearheading the Vietnamese translation and distribution of the ‘Bitcoin Diploma’, an official educational curriculum from El Salvador’s Ministry of Education. This initiative is designed to improve digital asset literacy and promote informed, sustainable investment practices in a market where structured education on Bitcoin remains limited.

Through these strategic efforts, Uproot aims to empower Vietnamese investors with the knowledge, tools, and confidence to participate in the emerging global digital asset economy.

About Uproot Company

Founded in January 2022, Uproot Company is the creator of Bitsaving, South Korea’s first AI-powered Bitcoin accumulation investment platform based on on-chain data. Bitsaving is one of Korea’s most widely used cryptocurrency services outside of exchanges. In March 2025, Uproot became the first Korean company to join Bitcoin for Corporations, a global initiative by Strategy and Bitcoin Magazine supporting corporate Bitcoin adoption. Uproot is dedicated to helping individuals, businesses, and institutions invest in Bitcoin intelligently, sustainably, and strategically.

Clarivate Partners with the University of Melbourne to Transform Library Systems

Delivering World-class Solutions and Services to Drive Academic Success

LONDON, Aug. 15, 2025 /PRNewswire/ — Clarivate Plc (NYSE: CLVT), a leading provider of transformative intelligence, has signed an agreement with the University of Melbourne, Australia’s leading university, to provide a comprehensive suite of library solutions and services. The solutions include Alma, Primo, Leganto, Rapido and Library Open Workflows, encompassing library management systems, information resource discovery, sharing and subject reading lists. This collaboration will provide the University of Melbourne with a world-class library systems platform that is purpose-fit, efficient, and user-focused.

The solutions will enable library users to access resources through advanced discovery systems, streamline operations and enhance data-driven decision-making. By integrating academic artificial intelligence (AI) and linked data, these solutions will enhance teaching and learning, research and broader community scholarly experience.

Asaf Kline, Vice President of Academic Libraries solutions, Clarivate said: “The collaboration between the University of Melbourne and Clarivate dates back two decades. We are very proud to collaborate with the University again to transform its library systems and drive scholarly success. Our proven solutions enable libraries to enhance their operational efficiency and effectiveness, driving impactful change and delivering improved user experiences for both students and faculty. At Clarivate, we are always committed to helping academic institutions think forward by connecting them to trusted content, deep expertise and responsible innovation.”

Gwenda Thomas, Director, Scholarly Services and University Librarian at the University of Melbourne, said: “Our important work in Scholarly Services builds and manages one of the most diverse and significant collections of scholarly and research resources in Australia. The implementation of the Alma platform will align the University with leading institutions globally, as it is a proven, flexible, and integrated solution currently used by over 2,700 libraries worldwide.”

About Clarivate
Clarivate is a leading global provider of transformative intelligence. We offer enriched data, insights & analytics, workflow solutions and expert services in the areas of Academia & Government, Intellectual Property and Life Sciences & Healthcare.

For more information, please visit www.clarivate.com 

Media contact:
Jack Wan, External Communications Director
newsroom@clarivate.com 

About the University of Melbourne
Established in 1853, the University of Melbourne is one of Australia’s oldest universities and the first in Victoria. Today, the University’s vibrant community comprises over 77,000 students, including 46 per cent international students from more than 150 countries, who are supported by over 13,000 academic and professional staff. A network of more than 500,000 alumni around the world attests to the transformative impact of a University of Melbourne education. The University is home to nine faculties with state-of-the-art facilities and a commitment to interdisciplinary collaboration, it remains a driving force in shaping the future through impactful research. The University’s commitment to excellence has earned its place among the world’s best universities, delivering education and research outcomes that are global in reach, ambition and impact.

Media contact:
media-enquiries@unimelb.edu.au | +61 3 8344 4123

 

INCUBASE Studio Debuts New Curation “Dragon Ball: Heroes Rise” Asia Tour in Thailand, Expanding Its Creative Portfolio of Immersive IP Curations Across Asia

HONG KONG, Aug. 15, 2025 /PRNewswire/ — INCUBASE Studio proudly unveils its latest original curation, “Dragon Ball: Heroes Rise”, marking its debut in Bangkok, Thailand at ICONSIAM from August 1 to October 19, 2025. This large-scale immersive experience celebrates the legendary Dragon Ball franchise, reimagined through INCUBASE Studio‘s distinctive approach to narrative-led design, interactive storytelling and emotionally charged fan engagement.

Representatives gathered on stage for the opening ceremony of “Dragon Ball: Heroes Rise” Asia Tour in Thailand, celebrating the grand launch together with fans.
Representatives gathered on stage for the opening ceremony of “Dragon Ball: Heroes Rise” Asia Tour in Thailand, celebrating the grand launch together with fans.

Curated in close collaboration with TOEI Animation, the experience takes visitors on a dynamic journey through the defining eras of Goku and other iconic characters who constantly push their limits in pursuit of strength and worthy rivals. Life-sized character installations, meticulously recreated animation scenes, interactive game challenges and photo spots are woven together in a story-driven flow, capturing the series’ energy, humour and heart. Inspired by the tension and spectacle of its most iconic battles, the design ensures every encounter draws visitors deeper into the Dragon Ball universe.

“As the curator of this exhibition, we are honoured to bring this legendary world to life through INCUBASE’s creativity and imagination, transforming it into a brand-new immersive experience for fans to see in a whole new light,” said Sion Yip, Founder and CEO of INCUBASE Studio. “I believe this journey will resonate deeply with fans, rekindling the excitement and joy of those cherished days.”

The launch of “Dragon Ball: Heroes Rise” Asia Tour comes as INCUBASE Studio‘s other acclaimed curations continue to captivate audiences across Asia. In Hong Kong, the debut “Crayon Shinchan: Space & Time Adventure Interactive Exhibition” has entered its highly anticipated second phase and will conclude on 31 August. In Seoul, The Conjuring Universe Tour is delivering a spine-chilling, walk-through horror experience from 26 July to 19 October, immersing visitors in the terrifying world of the blockbuster film series. Meanwhile, the One Piece “The Great Era of Piracy” Exhibition Asia Tour has just wrapped its seventh stop in Shanghai, with its eighth stop now running in Taiwan from 21 June to 19 October, continuing to bring the beloved pirate adventure to fans across the region.

These milestones reflect INCUBASE Studio‘s unwavering passion for creating immersive, authentic and culturally resonant experiences. Every curation is carefully crafted to merge compelling storytelling with design innovation, transforming beloved IPs into multi-sensory worlds that engage, inspire and connect people. With a growing portfolio that spans genres, generations and geographies, INCUBASE Studio remains dedicated to setting new benchmarks in exhibition experiences, continuing to expand its creative footprint across Asia and beyond.

About INCUBASE Studio
INCUBASE Studio curates diverse IP-themed exhibition experiences that celebrate and connect fandoms worldwide. The Studio brings stories to life by blending captivating content with engaging installations and interactive devices. Since its establishment in Hong Kong in 2021, INCUBASE Studio has been committed to realising and promoting Touring Experiences across Asia, pushing the boundaries of physical venues and experiences.

In 2024, INCUBASE Studio established INCUBASE Arena in Hong Kong and Malaysia as hubs for Japanese anime culture and entertainment experiences, continuously hosting a variety of popular anime IP exhibitions and related events to build a vibrant community for anime fans in both regions and the surrounding areas.
www.incubasestudio.com 

 

Saigon Technology Drives Industry-Specific AI Transformation, Moving Businesses Beyond SaaS Limitations

Vietnamese software leader leverages AI and domain expertise to help industries modernize workflows and reduce long-term tech costs.

HO CHI MINH CITY, Vietnam, Aug. 15, 2025 /PRNewswire/ — As global businesses outgrow generic SaaS tools, Saigon Technology is delivering next-gen, AI-powered custom software for healthcare, fintech, logistics, and e-commerce — unlocking productivity and digital resilience.

According to a 2024 report by Vietnam’s Ministry of Science and Technology, digital adoption among local businesses surged from 30% in 2021 to nearly 70% in 2024. Many of these businesses are now transitioning to customized systems that can grow and evolve with them.

One Size Doesn’t Fit All: Real-World Needs Real Results

SaaS tools are designed for mass users as they offer pre-built features, fast setup, and monthly plans. However, they do not always meet the needs of complex industries. For example, healthcare providers need software that securely manages patient data, integrates with lab systems, and complies with local regulations. In logistics, seamless real-time tracking, route optimization, and inventory control are essential. SaaS platforms often require workarounds or third-party integrations to meet these needs.

“In sectors like healthcare, the biggest barrier to digital transformation is the mismatch between standardized software and real-world workflows,” said Thanh Pham, CEO of Saigon Technology. “Off-the-shelf systems often force hospitals and clinics to change how they operate just to fit the software, when it should be the software adapting to their needs.”

CEO Thanh Pham at the Vietnam - Asia DX Summit 2025, showcasing Saigon Technology’s commitment to driving AI-powered transformation.
CEO Thanh Pham at the Vietnam – Asia DX Summit 2025, showcasing Saigon Technology’s commitment to driving AI-powered transformation.

By contrast, tailored platforms enable healthcare providers to redesign their workflows around actual needs. This includes automating appointment scheduling, supporting AI-assisted diagnoses, or reducing paperwork with e-signatures and smart data entry. When software accurately reflects how teams truly operate, user adoption rises, and so does return on investment.

AI as the Core of Custom Development

One of the most significant advantages of custom software today is the ability to integrate AI into system architecture. Saigon Technology integrates advanced AI capabilities to help businesses work more efficiently and intelligently. Features such as natural language processing (NLP) allow users to interact with systems using chat, voice, or intelligent search. Optical character recognition (OCR) streamlines data entry by automatically extracting information from documents, while predictive analytics helps organizations identify patterns, forecast trends, and make more informed decisions.

In addition, Saigon Technology develops AI-powered communication tools that improve video and audio quality, enable real-time transcription, and detect user emotions, all of which are particularly valuable in telehealth and remote service environments. AI is also used to personalize user interfaces and adapt content and functionality based on individual user behavior and preferences.

Custom Isn’t Costly—It’s Smarter

There is a common misconception that bespoke system is significantly more expensive than SaaS. SaaS may seem affordable with monthly per-user fees but can cost more long-term when extra tools or integrations are needed.

Saigon Technology takes a focused and efficient approach using Agile methods. Its development teams can deliver minimum viable products (MVPs) in as little as six to eight weeks. This allows clients to test functionality early and scale strategically based on real usage, rather than investing in unnecessary capabilities upfront.

AI-Powered Tools for Modern Healthcare

Saigon Technology has supported international healthcare clients in developing custom EHR and telehealth platforms. Recently, the team developed a mobile-first EHR system featuring drag-and-drop scheduling, secure in-app messaging, and AI-powered natural language processing (NLP) with Microsoft LUIS. The platform can also host high-quality voice and video consultations.

At Biztech Vietnam 2025, Thanh Pham, CEO of Saigon Technology, showcased a telehealth application with integrated AI features. The app offers smart check-ins, AI-assisted registration, and appointment management, with AI-guided to match patients to suitable health packages through a questionnaire-based clinical assessment (QCA).

Tailored-platform is no longer limited to large corporations. With the right development partner, small- and mid-sized businesses worldwide can have both purpose-built and cost-efficient solutions than traditional SaaS platforms.

“Saigon Technology has shown world-class leadership in complex fintech projects. Mr. Thanh’s ability in scaling high-performing engineering teams while ensuring cost-efficiency and quality has been vital to our operations,” said Origence’s Senior VP of Software Engineering.

For more information about Saigon Technology’s custom software solutions, visit https://saigontechnology.com/.

Global Times: From mines to green hills – two generations witness 20 years of China’s ecological development miracle under ‘two mountains’ concept

BEIJING, Aug. 15, 2025 /PRNewswire/ — August’s summer heat is no match for the lively atmosphere in Yucun.

In front of a stone tablet inscribed “lucid waters and lush mountains are invaluable assets,” tourists often stop to take photos. From the village post office, vibrant rice paddies stretch all the way to the foot of the mountains, swaying in the breeze. Parents ride shared e-bikes with their children along country paths, feeling the air filled with fresh scent of bamboo and tea – this is the bucolic lifestyle many people now long for.

It’s hard to imagine that 20 years ago, this was a mining village shrouded in dust and filled with the din of quarries. From “selling ore” to “selling scenery,” to “selling lifestyle and quality,” this development path is deeply etched in the memories of residents in Yucun.

During an inspection tour to Yucun on August 15, 2005, Xi Jinping, then secretary of the Zhejiang Provincial Committee of the Communist Party of China (CPC), for the first time put forward the concept of “lucid waters and lush mountains are invaluable assets.”

Pan Wenge, who was on site for Xi’s field visit and symposium in Yucun, and later served as Yucun village Party chief, is a key witness and promoter of the concept’s inception and practice in the village. Now a member of the Party Committee at the Anji County Party School, Pan recently told the Global Times how that day changed the future of the village, as well as many people’s life trajectories.

In Volume V of the book series Xi Jinping: The Governance of China, President Xi emphasized that “I hope our whole society acts now to promote and apply the concept that lucid waters and lush mountains are invaluable assets. Through solid and sustained efforts, we will make a greater contribution to building a clean and beautiful world,” in the article titled “Promote and Apply the Concept that Lucid Waters and Lush Mountains Are Invaluable Assets.” This is Xi’s directive on the first National Ecology Day on August 14, 2023.

Today, more and more young people are travelling to Yucun, to Anji to start careers there, becoming a new generation of “two mountains” concept practitioners. The seeds planted 20 years ago are now taking root in many people’s lives, growing toward broader horizons.

A 20-Year Green Transition

On August 15, 2005, when Pan attended the symposium, he was a young official in Yucun village, and the only university graduate there. For the day, he made a trip to the county town to buy a white shirt.

At the time, Pan silently made a vow to lead Yucun onto a long-term path of green development and build a “paradise of bamboos and peach trees.”

Yucun was, in fact, under great pressure to explore economic transformation. In the 1980s and 1990s, thanks to high-quality limestone resources, the village had become the “richest village” in Anji. At its peak, Yucun boasted three mines, one cement plant, and over 100 tractors shuttling back and forth.

However, this model of “living off the mountain” came at the cost of an overexploited environment – vegetation was destroyed, air was polluted, rivers had been turned black, and pedestrians were perpetually covered in dust.

For Pan, a Yucun native, the childhood memories of peach and plum trees in front of homes and clear blue skies had long disappeared.

According to the Xinhua News Agency, in December 2002, Xi, then secretary of the Zhejiang Provincial Committee of the CPC, proposed during the second plenary session of the 11th provincial Party committee the active implementation of a sustainable development strategy, aiming to build a “Green Zhejiang.” Using the construction of an ecological province as the main vehicle, the province should strive to achieve coordinated development among the population, resources, environment, and the economy.

In June 2003, Zhejiang Province launched the “Thousand Villages Demonstration and Ten Thousand Villages Renovation” project, with the aim of comprehensively renovating ten thousand administrative villages in the province and building a thousand key villages of them into all-round well-off model villages.

Guided by the policy, the officials of Yucun village made the resolute decision to close its quarries and cement factory, and began exploring the development of ecological tourism.

On August 15, 2005, Xi visited Yucun and highly affirmed its approach. According to Xinhua, Xi noted that in the past, we said we want both lucid waters and lush mountains, and invaluable assets. In fact, lucid waters and lush mountains are invaluable assets – they themselves have value.

The proposal of the “two mountains” concept further strengthened the confidence of Yucun officials and villagers in pursuing green development. Pan recalled that in the years that followed, Yucun undertook mine rehabilitation, expanded greenery, and mobilized villagers to clean ditches, repair roads, and repaint walls, transforming the previously shabby village into public spaces resembling scenic spots.

In addition, the previously scattered household workshops and small factories were reorganized into collective businesses such as farm stays, specialty product sales, and experience-based tourism. For the first time, villagers realized that working together could also generate wealth.

Before each step was taken, Pan would clearly explain the financial and logic, striving to safeguard villagers’ interests. Though disagreements inevitably arose, the villagers’ sincerity and reasonableness helped resolve conflicts.

Yucun’s exploration ultimately paid off. The implementation of the “two mountains” concept has led to significant ecological improvement, economic growth, and social progress.

Today, in this small village of only 4.86 square kilometers, hundreds of thousands of tourists visit annually.

According to Pan, more than 100 households in the village now run their own businesses, from farm stays to specialty stores, experience centers to social media hotspots. Business is booming, popularity is rising, and with that, villagers’ incomes and life satisfaction have increased.

“After 20 years of development, mountains turned green, waters became clear, and every household has a business, with expanding range. We don’t need to leave the village to find work anymore,” said Pan Chunlin, owner of Chunlin Mountain Lodge in Yucun.

“The concept of ‘lucid waters and lush mountains are invaluable assets’ has not only significantly raised our income and happiness, but also changed the fate of several generations of our family,” he said.

Xi returned to Yucun 15 years later during an inspection tour in Zhejiang in March 2020. He said time had flown, but memories of that year were still vivid. This time, what he saw was completely different, and the vision of a beautiful countryside had become reality in Yucun. The village’s achievements prove that the path of green development is correct, and once chosen, it must be followed through.

New Generation of Practitioners

On the lawn in Yucun, frisbees arc through the air in the hands of young people. The “most beautiful” rural library has also become a popular selfie-taking spot. Further out, in Anji’s cafes, a few “digital nomads” close their laptops and make plans to stroll through the tea fields.

Today’s Anji has become a hub for young people – they work, study, and live here, turning “lucid waters and lush mountains” into a sustainable lifestyle, while becoming the new generation of practitioners of the “two mountains” concept.

One of them is young millennial entrepreneur Li Yanyi. Originally from Shanghai, she has taken root in Anji’s Xilong township since 2019, where she runs the “Anji Hood” project, a tourism integration complex based on the culture of Anji’s famous white tea. She and her team systematically revitalize old spaces, transforming abandoned structures into public venues, shops, or guesthouses, redefining rural aesthetics through a more international lens.

Unlike the traditional “build a view to attract people” model, Li focuses on building communities. She transformed an abandoned bamboo and timber factory into a multifunctional community space, launching the “DNA (Digital Nomad Anji)” project in 2021.

Programmers, designers, and creatives have moved their studios into this mountain-water setting, working remotely during the day and chatting in the fields at night. This has become a unique part of Anji’s landscape.

If we say Pan’s generation answered the era’s call to “close the mines,” then new Anji residents like Li are now exploring the question of “how to open up new ways of life.”

“For young people just out of university, Anji is a great option – it’s close to big cities, has a low trial and error cost, and offers a taste of rural life without leaving familiar circles all at once,” she told the Global Times.

“Lucid waters and lush mountains are a timeless human aspiration. As rural populations decline, the challenge is how to keep people here and how to make them want to live here,” she said.

This is also a concern for Pan. “In the past, once young people went to college, they left the countryside. Now the key is how to attract talented individuals to return and start new lives and businesses in the countryside.”

Statistics show that since 2019, over 50,000 young people have chosen to work and start businesses in Anji, gradually making it known as a “top destination for youth returning to the countryside.”

From Beautiful Villages to a Beautiful China

At the entrance to Yucun, nestled among lush greenery beside a small bridge over flowing water, a large stone bears the inscription “lucid waters and lush mountains are invaluable assets” – now one of the most iconic symbols of China’s ecological civilization efforts.

As the birthplace of the “two mountains” concept, Yucun draws in many visitors. During the Global Times’ visit, a group of faculty and students from Fujian Province’s Xiamen University were conducting a summer research program titled “Retracing the Two Mountains Path: Co-building the Ecological Circle.”

Jiang Yizhou, a master’s student from the College of Environment and Ecology at Xiamen University, told the Global Times that “we wanted to see how the past 20 years were actually lived. Traditionally, people view ecology and the economy as a seesaw – gains in one mean losses in the other. But here, we see they are not merely balanced – they are synergized. Both ecological protection and economic growth rise together, achieving a kind of decoupling.”

Today, the concept that “lucid waters and lush mountains are invaluable assets” has become a widespread consensus and shared action across society. According to Xinhua, regions nationwide are exploring various “two mountains” transformation paths. Models such as “protecting green for gold,” “aggregating green into gold,” and “leveraging green for gold” have been refined across 572 ecological civilization demonstration zones and 240 “two mountains” bases, with ecological dividends continuing to emerge.

At the post office at Yucun’s entrance, Global Times reporters saw several tourists writing postcards about their trip – on the back of each card was an aerial snapshot of a green and lush Yucun. Pan Chunlin’s “Chunlin Mountain Lodge” was welcoming a new group of guests. The students from Xiamen University took a group photo in front of the stone monument before heading to their next research destination.

When asked whether the vision he had for Yucun 20 years ago had come true, Pan raised his fist and replied, “That goal has been achieved, and I believe tomorrow will be even better!”

When the concept of “lucid waters and lush mountains are invaluable assets” transforms from the choice of one village into the choice of millions of lives, a Beautiful China comes into view.

Shandong Inspur Intelligent Building Technology Showcases AI-Driven Solutions at Inaugural ASEAN AI Summit

Company highlights industry breakthroughs and gains international recognition with future-ready smart building technologies

KUALA LUMPUR, Malaysia, Aug. 14, 2025 /PRNewswire/ — Shandong Inspur Intelligent Building Technology Co., Ltd., a leading innovator in smart building solutions, took center stage at the inaugural ASEAN AI Summit 2025, unveiling its latest advancements in AI-enabled construction technologies. Organized by Malaysia’s National Artificial Intelligence Office under the Ministry of Digital, the landmark summit opened on August 12 at the Malaysia International Trade and Exhibition Centre (MITEC) in Kuala Lumpur. The event brought together global leaders, entrepreneurs, and policymakers, featuring more than 150 exhibition booths with strong participation from industry frontrunners.

Exhibition booth at ASEAN AI Summit
Exhibition booth at ASEAN AI Summit

At this summit, Inspur Intelligent Building showcased its integrated applications of artificial intelligence across the construction lifecycle:

– Modular Construction: Combining high-efficiency prefabrication, flexible assembly, and intelligent adaptation to deliver cost-effective residential and commercial spaces, reinforcing competitiveness in global markets and its commitment to sustainable building practices;

– AI+ Automated Design: Integrating human-machine collaboration to standardize and streamline the development of construction blueprints;

– Smart Site Management Platform: Incorporating AI-powered image recognition, intelligent query tools, building information modeling (BIM), and point-cloud imaging to enable real-time monitoring and precision management of project resources;

– Smart Home Solutions: Delivering a whole-home IoT platform for device interconnectivity and intelligent automation, enhanced by large AI models to create personalized living experiences;

– PV-Storage-Charging System: Consolidating solar power generation, energy storage, rapid charging, and vehicle diagnostics into a unified monitoring platform to reduce operational costs, boost renewable energy adoption, and accelerate digital transformation across the industry.

On-site consultation with a customer
On-site consultation with a customer

Throughout the exhibition, visitors from Malaysia, Singapore, Europe, Africa, and other global markets engaged with Inspur Intelligent Building’s technical team to explore its comprehensive solutions for AI-based energy and carbon management platforms, smart industrial park systems, and next-generation smart home and hospitality technologies. Live demonstrations and case studies illustrated the company’s engineering expertise and real-world applications, earning strong praise from industry partners.

This debut appearance at the ASEAN AI Summit enhanced Inspur Intelligent Building’s international profile and opened new growth opportunities in Southeast Asia. Looking ahead, the company plans to continue investing in R&D for AI-driven construction technologies, strengthen its product ecosystem, and accelerate its global expansion strategy—contributing to the digital, intelligent, and sustainable transformation of the worldwide construction industry.