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SGS Highlights Cybersecurity Capabilities With World’s First EU RED-NB Certification and Cybersecurity Mark

SGS awards Ruijie Networks the world’s first EU RED-NB certification and Cybersecurity Mark, reinforcing its leadership in cybersecurity and digital trust.

HONG KONG, Nov. 26, 2025 /PRNewswire/ — SGS, the world’s leading testing, inspection and certification company, has awarded Ruijie Networks the world’s first European Union (EU) Radio Equipment Directive – Network Bridge (RED-NB) certification for an enterprise access point (AP) product, together with the SGS Cybersecurity Mark.

This landmark achievement provides Ruijie with robust compliance support for entry into the EU and other markets recognizing RED, significantly enhancing its competitive edge. It also underscores SGS’s leadership in cybersecurity standardization and regulatory compliance.

The SGS Cybersecurity Mark is a trusted certification label that verifies products have undergone rigorous testing and evaluation against recognized cybersecurity standards. It assures regulators, businesses and consumers that certified products meet high levels of security, resilience and compliance, helping manufacturers demonstrate digital trust in global markets.

As enterprises face escalating digital threats – with global cyberattacks rising by an estimated 44% year-on-year in 2024 and costing an average of USD 4.44 million per data breach – SGS is strengthening its cybersecurity capabilities to help organizations navigate both regulatory and technical challenges. Regulations such as the United States’ NIST IR 8259A IoT Device Cybersecurity Capability Core Baseline, EU General Data Protection Regulation (GDPR) and the upcoming 2027 EU Cyber Resilience Act (CRA) are reshaping compliance landscapes, while the sophistication of cyber threats demands faster, more effective responses.

SGS, alongside its cybersecurity evaluation specialists – Brightsight and Gossamer – provides a comprehensive portfolio of services covering training, assessment, testing and certification across a wide range of products, including:

  • IP and chipsets
  • Embedded hardware/software
  • Telecom and mobile devices
  • Identity authentication and payment systems
  • Medical devices
  • Automotive systems
  • IoT and industrial control equipment

As part of a global network of state-of-the-art laboratories, SGS’s strong local presence in the Asia-Pacific region – including mainland China, Taiwan, Japan, South Korea and Singapore – empowers clients like Ruijie to launch secure, compliant solutions globally.

This collaboration reflects SGS’s broader commitment to digital trust. SGS DIGITAL TRUST: Across technologies, services and organizations is a global framework that enables customers to build, demonstrate and sustain trust across the digital ecosystem. It helps organizations strengthen resilience, transparency and confidence in connected products, services and infrastructures through a unified SGS service structure, providing a consistent, coordinated approach to navigating today’s complex digital trust landscape, built on proven expertise.

These initiatives directly support SGS’s Strategy 27: Accelerating Growth, Building Trust – enhancing performance and agility through expert-led cybersecurity services, while reinforcing financial resilience by helping clients mitigate risks and avoid costly breaches. SGS cybersecurity services empower industries to build robust and resilient information security systems through high-quality assessments, expert regulatory guidance and innovative digital trust solutions.

Learn more about SGS DIGITAL TRUST and its comprehensive range of cybersecurity services.  

For inquiries in the APAC region, please contact Ross Wang, Senior Manager of Business Development, Cybersecurity, Connectivity & Products | Tel: +86 159 1631 9680

About SGS
SGS is the world’s leading Testing, Inspection and Certification company. We operate a network of over 2,500 laboratories and business facilities across 115 countries, supported by a team of 99,500 dedicated professionals. With over 145 years of service excellence, we combine the precision and accuracy that define Swiss companies to help organizations achieve the highest standards of quality, compliance and sustainability.

Our brand promise – when you need to be sure – underscores our commitment to trust, integrity and reliability, enabling businesses to thrive with confidence. We proudly deliver our expert services through the SGS name and trusted specialized brands, including Brightsight, Bluesign, Maine Pointe and Nutrasource.

SGS is publicly traded on the SIX Swiss Exchange under the ticker symbol SGSN (ISIN CH1256740924, Reuters SGSN.S, Bloomberg SGSN:SW).

SK Biopharmaceuticals Expands Radiopharmaceutical Therapy Portfolio with Second In-licensed Candidate from Wisconsin Alumni Research Foundation

New addition strengthens SK Biopharmaceuticals’ radiopharmaceutical therapy portfolio and reinforces its R&D capabilities through global partnerships and value chain integration

SEOUL, South Korea, Nov. 27, 2025 /PRNewswire/ — SK Biopharmaceuticals, CO., Ltd., a biotech company specializing in research, development, and commercialization of treatments for central nervous system (CNS) disorders and oncology, announced a license agreement with the Wisconsin Alumni Research Foundation (WARF) to acquire the exclusive worldwide rights for research and development (R&D), manufacturing, and commercialization of WARF’s “WT-7695,” a preclinical-stage radiopharmaceutical therapy candidate developed in collaboration with the University of Wisconsin-Madison.

This agreement represents SK Biopharmaceuticals’ second in-licensed asset in the radiopharmaceutical therapy field, following its first asset “SKL35501 (formerly FL-091)” in 2024. Since then, SK Biopharmaceuticals has continued to strengthen its foundation in the radiopharmaceutical field through supply agreements with TerraPower, a U.S. nuclear innovation company, and PanTera, a Belgian radioisotope producer, securing Actinium-225 (225Ac), and through multiple research collaboration agreements to broaden its expertise and capabilities across the full radiopharmaceutical value chain.

WT-7695 is a small-molecule radiopharmaceutical candidate in preclinical stage designed to target carbonic anhydrase IX (CA9), a transmembrane protein that plays a critical role in cancer cell growth and metastasis under hypoxic conditions. CA9 is highly expressed in clear cell renal cell carcinoma (ccRCC)[1] and other solid tumors such as pancreatic and colorectal cancers — making it a validated and selective target for radiopharmaceutical therapy development. Preclinical studies have shown promising efficacy, suggesting that WT-7695 has the potential to become a best-in-class radiopharmaceutical candidate.

Through this license agreement, SK Biopharmaceuticals continues to pursue a balanced growth strategy, strengthening internal capabilities while expanding strategic partnerships to advance R&D in radiopharmaceutical therapy. The company aims to build a robust and comprehensive radiopharmaceutical value chain, encompassing drug discovery, radioisotope sourcing, preclinical and clinical development.

This agreement underscores the promise of CA9 as a target in advancing cancer treatment for patients around the world,” said Erik Iverson, CEO of WARF.  “We’re deeply proud of the collaboration between our WARF Therapeutics team and the University of Wisconsin-Madison researchers, whose work paved the way for this partnership with SK Biopharmaceuticals. Together, we’re committed to accelerating the development of this promising therapy and bringing it closer to the patients who need it.”

“By securing this promising candidate with demonstrated preclinical efficacy, SK Biopharmaceuticals will further diversify its radiopharmaceutical therapy portfolio and reinforce its R&D capabilities through global collaboration,” said Donghoon Lee, CEO of SK Biopharmaceuticals. “We will continue to expand our pipeline based on validated targets, strengthen our expertise across the integrated radiopharmaceutical value chain, and accelerate the development of next-generation cancer treatments to deliver meaningful solutions for patients with high unmet medical needs worldwide.”

###

About WT-7695
A small-molecule radiopharmaceutical candidate targeting CA9. In preclinical studies, WT-7695 demonstrated strong binding affinity, tumor selectivity, prolonged tumor retention, and complete tumor growth inhibition, supporting its potential as a best-in-class radiopharmaceutical candidate. CA9 is overexpressed in ccRCC as well as other solid tumors such as pancreatic and colorectal cancers, while showing limited expression in normal tissues[2] — making it a highly suitable target for radiopharmaceutical development. With exclusive worldwide rights granted under the agreement, SK Biopharmaceuticals plans to conduct global clinical trials, including in the United States.

About SK Biopharmaceuticals Co., Ltd. and SK Life Science, Inc.
SK Biopharmaceuticals Co., Ltd. is part of SK Group, South Korea’s second-largest conglomerate. SK Group is a collection of global industry-leading companies driving innovations in energy, advanced materials, biopharmaceuticals and digital business. Based in Seoul, SK invests in building sustainable businesses around the world with a shared commitment to reducing global greenhouse gas emissions. SK companies combined have $151 billion in global annual revenue and employ more than 100,000 people worldwide. SK Group is one of TIME’s 100 Most Influential Companies of 2023. SK Inc., the parent company of SK Biopharmaceuticals, continues to enhance its portfolio value by executing long-term investments with a number of competitive subsidiaries in various business areas, including pharmaceuticals and life science, energy and chemicals, information and telecommunication, and semiconductors. In addition, SK Inc. is focused on reinforcing its growth foundations through profitable and practical management based on financial stability, while raising its enterprise value by investing in new future growth businesses. For more information about SK Inc., visit https://sk-inc.com/en/main/mainpage.aspx. For more information about SK Biopharmaceuticals, visit www.skbp.com/eng.

SK Life Science, Inc., with headquarters in Paramus, New Jersey, is a U.S. subsidiary of SK Biopharmaceuticals Co., Ltd., a pioneering South Korean biopharmaceutical company in drug development and commercialization. Together, they are advancing innovative treatments for central nervous system (CNS) disorders and oncology, with eight compounds currently in development. Utilizing target-based drug discovery, high-throughput organic screening/high content screening, computer-aided drug design, and combinatorial chemistry, the companies drive R&D efforts in biology/discovery, medicinal chemistry, pharmacology, and clinical development. For more information, visit www.SKLifeScienceInc.com.

About Wisconsin Alumni Research Foundation (WARF)
Celebrating a century of service in 2025, the Wisconsin Alumni Research Foundation (WARF) patents and licenses discoveries from UW-Madison research, manages an investment portfolio generated from licensing and investment proceeds, and provides annual grants to the University of Wisconsin-Madison and the Morgridge Institute for Research to support further scientific investigation and research. By driving collaborations among researchers, investors, industry, and entrepreneurs, WARF commercializes innovations from campus through various programs. WARF Accelerator improves the commercialization potential of university intellectual property through industry engagement and investment in proof-of-concept milestones to validate market potential, demonstrate commercial value and de-risk technology. WARF Therapeutics partners with UW-Madison and Morgridge Institute researchers employing an industry-focused approach to improve the value propositions of drug candidates. WARF Ventures is an early-stage venture fund that invests in startups based on UW/WARF technologies. Learn more at warf.org

[1] The most common type of kidney cancer in adults, characterized by clear or pale-looking cells under a microscope. It begins in the cells that line the small tubes of the kidney. (Source: National Cancer Institute, https://www.cancer.gov/publications/dictionaries/cancer-terms/def/clear-cell-renal-cell-carcinoma)

[2] Ramachandran et al 2021, Klatte et al 2009, Yang et al 2017, Peridis et al 2011, Hyuga et al 2017, Kovacova & Hodorova 2021, Chong Hui Clara Ong et al, 2022, Ilie et al 2010, Choschzick et al 2011, Lou et al 2011

 

VinFast honored at prestigious detikcom Awards 2025


JAKARTA, INDONESIA – Media OutReach Newswire – 27 November 2025 – VinFast has been honored at the detikcom Awards 2025 with the prestigious “Accelerator of Indonesia’s Electric Vehicle Ecosystem” award. This marks the second consecutive year the Company has been recognized at this esteemed annual event, underscoring a significant milestone in VinFast’s journey of innovation and breakthrough growth in the Indonesian market. The award affirms VinFast’s steadfast efforts in driving the green transition through a comprehensive EV ecosystem that truly embodies the spirit of “Move People Ahead – Bring the Nation Forward” that the Company champions in Indonesia.

VinFast was honored with the prestigious “Accelerator of Indonesia’s Electric Vehicle Ecosystem” title at the detikcom Awards 2025.
VinFast was honored with the prestigious “Accelerator of Indonesia’s Electric Vehicle Ecosystem” title at the detikcom Awards 2025.

Following an extensive evaluation process, the detikcom Awards judging panel highly commended VinFast’s long-term vision and rapid execution in developing a holistic green ecosystem. In less than two years since entering the Indonesian market, VinFast has introduced one of the industry’s most diverse fully electric vehicle lineups – from the VF 3, VF 5, VF 6, and VF e34 to the VF 7 – grounded in three core pillars: High-quality Products – Inclusive Pricing – Outstanding Aftersales Policy.

At the same time, VinFast has rolled out a series of breakthrough policies to facilitate the public’s transition to electric mobility. In parallel, the Company has proactively expanded its collaboration network with strategic partners such as the premium all-electric taxi service Green SM, global charging infrastructure developer V-Green, and a wide network of dealerships, service centers, banks, and financial institutions, ensuring comprehensive support for customers across all touchpoints.

In addition, VinFast is preparing to put its assembly plant in Subang into operation, which is expected to create thousands of high-quality jobs and contribute significantly to the growth of Indonesia’s EV industry.

Mr. Kariyanto Hardjosoemarto, CEO of VinFast Indonesia, accepts the award on behalf of VinFast at the detikcom Awards 2025.
Mr. Kariyanto Hardjosoemarto, CEO of VinFast Indonesia, accepts the award on behalf of VinFast at the detikcom Awards 2025.

Widely recognized as one of Indonesia’s most respected honors, the detikcom Awards celebrate creative ideas, groundbreaking solutions, and impactful contributions across diverse fields, from economics and politics to technology and renewable energy. To ensure fairness and objectivity, the awards are evaluated by an independent panel of experts, who assess candidates based on rigorous criteria involving innovation capability, adaptability, and positive social impact.

This year’s ceremony is held under the theme “Honoring the Architects of Nusantara – Illuminating Indonesia’s Future”. More than just an award event, it serves as a platform of inspiration, recognizing individuals, enterprises, and institutions whose efforts have left a meaningful and lasting mark on Indonesia’s development.

Mr. Kariyanto Hardjosoemarto, CEO of VinFast Indonesia, shared: “We are deeply honored to be recognized for our contributions to the journey toward a more sustainable and innovative Southeast Asia. This award not only reinforces confidence in VinFast’s vision for advancing the global green transition, but also fuels our commitment to innovate, expand, and lead in delivering sustainable mobility solutions for everyone. It stands as a powerful testament to the promise we uphold: ‘Move People Ahead – Bring the Nation Forward’ in Indonesia – a country we proudly regard as our ‘second home’ in our mission to build a greener future for the world.”

The prestigious “Accelerator of Indonesia’s Electric Vehicle Ecosystem” award joins a growing list of accolades VinFast has earned in Indonesia over the past year. At last year’s detikcom Awards, VinFast was recognized for its groundbreaking battery subscription model with the “Pioneering Initiative in Driving the Green Transition” award.

Most recently, VinFast received the “The Best Newcomer Electric Car” award for the VF 3 at the Carvaganza Editors’ Choice Awards, four major awards at the 2025 Surabaya International Motor Show, and a double win at the CNN Indonesia Awards 2025 for “Outstanding Innovation in Sustainable Electric Mobility” and “Remarkable Contribution to Energy Independence”. The Company also earned two honors at the Road to CNBC Indonesia Awards: “Pioneering Brand in Green Transition & Sustainability” and “Best Compact SUV of the Year” for the VF 7.

On the global stage, VinFast was ranked 101st by TIME Magazine in its Asia-Pacific’s Best Companies of 2025 list and secured six major wins at the 2025 APAC Effie Awards, solidifying the Company’s rapid ascent and expanding leadership in the global green mobility revolution./.
Hashtag: #VinFast

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

Hong Kong High-Rise Fire Kills At Least 44, Still Burning

Firefighters spray water on flames as a major fire engulfs several apartment blocks at the Wang Fuk Court residential estate in Hong Kong's Tai Po district on November 26, 2025. A huge fire ripped through several high-rise blocks in a Hong Kong residential estate on November 26, killing at least 13 people, with media reporting that some residents were trapped inside. (Photo credit: AFP)

By Holmes Chan and Tommy Wang/AFP – Firefighters were still dousing a devastating fire Thursday, 27 November,  which ripped through a Hong Kong high-rise complex, killing at least 44 people and leaving hundreds missing according to authorities.

The inferno, the financial hub’s worst in decades, took hold on Wednesday afternoon in an eight-building housing estate with 2,000 apartments and sent shockwaves through the city, which has some of the world’s most densely populated and tallest residential blocks.

Police said early on 27 November they arrested three men in connection with the fire, after flammable materials left during maintenance work caused the blaze “to spread rapidly beyond control”.

AFP journalists at the scene just after daybreak on Thursday saw some flats still burning, although the blaze had noticeably dimmed during the early hours of the morning.

Intense flames first took hold on bamboo scaffolding on several apartment blocks of Wang Fuk Court on Wednesday in the northern district of Tai Po, which was undergoing estate-wide repairs.

An AFP reporter heard loud cracking sounds, possibly from the burning bamboo, and saw thick plumes of smoke billowing from the buildings as flames and ash reached high into the sky.

A 65-year-old resident surnamed Yuen said he had lived in the complex for more than four decades and that many of his neighbors were elderly and might not be mobile.

“The windows were closed because of the maintenance, (some people) didn’t know there was a fire and had to be told to evacuate via phone calls by neighbors,” Yuen told AFP. “I’m devastated.”

Hong Kong’s fire department raised the death toll to 44 on Thursday morning.

Among the dead was a 37-year-old firefighter, who was found with burns on his face half an hour after losing contact with colleagues, according to the fire service director Andy Yeung.

City leader John Lee said in the early hours of Thursday that 279 were unaccounted for, though firefighters said later that they had established contact with some of those people.

Lee said more than 900 people sought refuge at temporary shelters.

Unable to reach people

A police officer at a temporary shelter told AFP it was unclear how many people were unaccounted for because residents were still trickling in late into the night to report missing family members.

Sections of charred scaffolding fell from the burning blocks and flames could be seen inside apartments, sometimes belching out through windows into the night sky, casting an eerie orange glow on surrounding buildings.

“The temperature at the scene is very high and there are some floors where we have been unable to reach people who requested help, but we will keep trying,” said Derek Armstrong Chan, the deputy director of fire service operations.

He said the fire likely spread from one building to another due to the wind and drifting debris, although he added that authorities are investigating the cause of the blaze.

Chinese President Xi Jinping expressed condolences to the victims, including “the firefighter who died in the line of duty”, according to state media.

“He offered sympathies to the families of the victims and those affected by the disaster, and called for making every effort to extinguish the fire and minimize casualties and losses,” state broadcaster CCTV said.

Lee said he was “deeply saddened” and that all government departments were assisting residents affected by the fire.

Dare not leave

A Tai Po resident surnamed So, 57, said the fire was “heartbreaking”.

“There’s nothing that can be done about the property. We can only hope that everyone, no matter old or young, can return safely,” So told AFP.

An apartment owner in his 40s who did not want to give his name told AFP that the government needed to help those made homeless by the blaze.

“The fire is not yet under control and I dare not leave, and I don’t know what I can do,” he said.

Residents were seen being evacuated via large coaches, with local media reporting that adjacent blocks were also being cleared.

Sections of a nearby highway were also closed by the firefighting operation.

Deadly fires were once a regular scourge in densely populated Hong Kong, especially in poorer neighborhoods.

However, safety measures have been ramped up in recent decades and such fires have become much less commonplace.


© Agence France-Presse

A New Chapter in Fire Protection: Sungrow SBH Series Passes the World’s First UL Solutions’ Residential Fire Test

HEFEI, China, Nov. 27, 2025 /PRNewswire/ — As residential energy storage systems become increasingly prevalent, safety has emerged as a top priority for homeowners. Any incident in a residential setting can lead to serious consequences, and recent reports of accidents have further heightened public concern. In response, Sungrow has taken proactive steps to strengthen industry confidence and advance safety standards. After successfully completing two real-unit combustion verifications in utility-scale storage, Sungrow has now extended its rigorous approach to the residential sector. The SBH Series: Residential ESS has achieved a significant milestone by passing the world’s first UL 9540B large-scale fire test, conducted by UL Solutions. This achievement highlights Sungrow’s industry-leading expertise in thermal runaway management and fire spread control, setting a new global standard for residential ESS safety.

UL 9540B Testing
UL 9540B Testing

UL 9540B, specifically designed for residential energy storage systems range from 20kWh and below, is widely regarded as the industry’s most stringent safety standard. The test subject systems are subjected to forced thermal runaway while fully charged, simulating extreme fire scenarios, including flammable gas buildup, venting, and external ignition. Its purpose is to evaluate the system’s ability to prevent fire spread, explosions, and other secondary risks. This rigorous standard demands exceptional performance in areas such as system insulation, gas management, thermal runaway suppression, and overall engineering design.

Against these stringent requirements, Sungrow’s SBH Residential ESS successfully withstood a demanding 24-hour trial. Confronted with multiple challenges—including closely spaced battery units, deactivated active fire suppression, continuous ignition triggers, and no external intervention—the system demonstrated exceptional inherent safety controls, passing all evaluation criteria.

  • Containing Fire Spread: Locking-In the Risk

The SBH Residential ESS demonstrated unparalleled fire containment during the UL 9540B fire safety test, thanks to a range of advanced safety features, including cell-level fire-resistant insulation, bottom heat dissipation, and multi-directional pressure relief. During the test, when one unit ignited due to thermal runaway, the flames were confined to the pressure relief area. Adjacent units recorded internal surface temperatures of just 21°C—well below the 154°C venting threshold—while eave temperatures peaked at 35°C, far under the 150°C limit.

  • Self-Extinguishing in 1 Hour: Stopping Fire at Source

By leveraging structural designs that facilitate rapid heat dissipation and thermal isolation between modules, the SBH Residential ESS successfully confined thermal runaway to the bottom module. Without any fire suppression intervention, the open flames self-extinguished within one hour. Further ignition attempts over the next 24 hours resulted in no re-ignition, demonstrating the system’s exceptional safety performance.

  • Explosion & Projectile Prevention: Maximum Safety Assurance

With the active fire suppression system disabled throughout testing, the SBH Residential ESS experienced no combustion events, explosions, or projectile hazards. The cabinet remained fully intact, showcasing outstanding fire resistance, explosion prevention, and structural stability.

Building on its previous success in the UL 9540A Thermal Runaway Fire Propagation Test, the SBH Residential ESS has now passed the rigorous UL 9540B large-scale fire test. This accomplishment further validates the system’s comprehensive safety capabilities, covering everything from cell-level thermal runaway suppression to full system-wide fire control. As a result, homeowners can have confidence in the SBH Residential ESS’s superior safety performance in real-world fire scenarios.

As a global leader in energy storage, Sungrow is committed to upholding the highest safety standards in the industry. With a focus on continuous innovation, Sungrow will continue to advance safety-driven technologies to ensure homeowners can rely on worry-free energy use, backed by uncompromising protection.

About Sungrow

Sungrow, a global leader in renewable energy technology, has pioneered sustainable power solutions for over 28 years. As of June 2025, Sungrow has installed 870 GW of power electronic converters worldwide. The Company is recognized as the world’s most bankable PV inverter and energy storage company (BloombergNEF). Its innovations power clean energy projects across the globe, supported by a network of 520 service outlets guaranteeing excellent customer experience. At Sungrow, we’re committed to bridging to a sustainable future through cutting-edge technology and unparalleled service. For more information, please visit: www.sungrowpower.com.

Concordia Shanghai Early Childhood Division Named Top 2 in China

SHANGHAI, Nov. 27, 2025 /PRNewswire/ — Concordia International School Shanghai’s Early Childhood Division has been ranked No. 2 among 2025 KingLead China International Kindergarten Ranking Top 30 list.  

Concordia Shanghai Early Childhood Division Named Top 2 in China
Concordia Shanghai Early Childhood Division Named Top 2 in China

Released by KingLead Research, the ranking comprehensively evaluates based on field research and five core indicators: Infrastructure, Faculty, Curriculum Contents, Sustainability, and Social Evaluation. The No. 2 placement reflects Concordia’s comprehensive strength and its leading role in early childhood education.

Central to the division’s success is its student-centered approach, with teachers acting as researchers and facilitators. Inspired by the “the 100 languages” concept of the Reggio Emilia philosophy, children express themselves in many ways, from drawing and building to music, movement, storytelling, dramatic play, and scientific exploration.  

Excellence remains a hallmark of Concordia education, but it is excellence grounded in purpose and character—not achievement alone. While engaging in academic exploration, the younger learners are also building character development through meaningful play.

“This achievement reflects the collective commitment of our Early Childhood community,” says Ms. Shannon Keane, Early Childhood Principal. “At Concordia, we honor the belief that every child is capable, curious, and ready to take ownership of their learning. Through intentional play, our students develop belonging, identity, and the intellectual tools to make sense of their world. We are deeply grateful to our teachers and families who bring this vision to life.”

Concordia nurtures a collaborative and supportive learning environment that empowers students to become creative problem-solvers and compassionate members of the global community. The school’s commitment to holistic development means it supports students not only academically, but also socially, emotionally, and spiritually.

About Concordia International School Shanghai

Founded in 1998, Concordia International School Shanghai is a co-educational day school that offers a comprehensive American-style education to students from Preschool through High School. Located in Jinqiao, an international community in Shanghai’s Pudong New Area, Concordia is dedicated to cultivating the unique gifts and passions of its students. Concordia’s approach focuses on nurturing every student through a journey of personal and academic growth, offering innovative academic programs, enriching extracurricular activities, and instilling strong character and values. The school is dedicated to helping each student achieve a bright and prosperous future of personal excellence.

 

DAHON’s Global Expansion: A Call to Collaborate on New Opportunities

TIANJIN, China, Nov. 27, 2025 /PRNewswire/ — DAHON, the world’s biggest maker of folding bicycles, jumped on its Hong Kong trading debut with the IPO of its subsidiary, DAHON Tech (Stock Code: 02543.HK), on the Main Board of the Hong Kong Stock Exchange.

With an oversubscription rate of 7,558 times, media recognized it as Hong Kong’s most oversubscribed listing ever.

Dr. David Hon, founder and CEO of DAHON, rings the Listing Gong
Dr. David Hon, founder and CEO of DAHON, rings the Listing Gong

This successful listing fuelled DAHON with stronger capital foundation to advance its mission in green mobility innovations. Its first major initiative called for a strategic alliance with Golden Wheel Group to establish the new company Dagold Technology in Tianjin, China.  

Dr. Hon and the CEO of Golden Wheel Group at the Grand Opening of Dagold Technology
Dr. Hon and the CEO of Golden Wheel Group at the Grand Opening of Dagold Technology

Dr. Hon and the CEO of Golden Wheel Group at the Grand Opening of Dagold Technology
Dr. Hon and the CEO of Golden Wheel Group at the Grand Opening of Dagold Technology

The new plant will offer regional cost advantages for manufacturing entry-level product lines, enabling DAHON to broaden its market reach and meet diverse consumer needs.

To maximize value for its stakeholders, DAHON announced its growth trajectory in three core directions:

  1. Building a Global Elite Team
    To engage top international consulting firms to refine its global brand presence, digital marketing strategies, and comprehensive planning to exert stronger market influence.
  2. Technological Upgrade and R&D Cultivation
    To solidify talent development initiatives with strengthened partnership with universities, aiming to nurture high-caliber professionals in bicycle manufacturing.
  3. Expansion of the DELTECH Technological Ecosystem
    DAHON’s proprietary DELTECH technology significantly enhances the rigidity of bike frames, offering a competitive edge in speed and performance. The patented technology will serve as the foundation to uplift all product lines to the next level.
  4. Collaborative Opportunities in the Industry
    Actively pursuing partnerships with distinguished companies worldwide in several key areas:
    • R&D Institutions for technical cooperation.
    • Distributors and Agents for exclusive product rights and co-branding opportunities.
    • High-Quality Suppliers to strengthen its supply chain and enhance service standards.
    • Recruitment of Talented Professionals
      With three PhDs already in DAHON’s R&D Team, DAHON seeks to attract outstanding research and management talent globally, committed to its global development.

Why Choose DAHON?

  • Leading the Market: Ranked first in global folding bike sales in 2024 and holds the most folding bicycle patents in China.
  • Proven Resilience: Strong performance even in challenging markets speaks to its robustness.
  • Capital Endorsement: The successful listing in Hong Kong boasted a solid lineup of cornerstone investors and substantial cash flow.

For inquiries, please contact:

DAHON Marketing
Email: marketing@dahon.com

FinFan and Thunes Forge Strategic Alliance to Strengthen Vietnam’s Cross-Border Remittance Ecosystem

SINGAPORE, Nov. 27, 2025 /PRNewswire/ — FinFan , a Vietnam-based fintech company specializing in comprehensive cross-border remittance technology solutions, and Thunes, the Smart Superhighway to move money around the world, have signed a Memorandum of Understanding (MoU) for a strategic collaboration aimed at advancing the development of Vietnam’s cross-border remittance ecosystem.

FinFan and Thunes Forge Strategic Alliance to Strengthen Vietnam’s Cross-Border Remittance Ecosystem
FinFan and Thunes Forge Strategic Alliance to Strengthen Vietnam’s Cross-Border Remittance Ecosystem

This alliance seeks to address long-standing challenges in international remittances – from high transaction costs to processing delays – by combining FinFan’s digital finance ecosystem and regulatory compliance expertise in Vietnam with Thunes’ Direct Global Network which enables real-time cross border payments to 130 countries in 80 currencies. Together, both parties aim to deliver faster, more transparent, and more accessible digital transactions for users.

Mr. Nguyen Tuyen, CEO of FinFan, shared: “This collaboration with Thunes marks an important milestone in realizing our mission – to enhance the speed, security, and cost efficiency of cross-border monetary transactions. Thunes’ trusted global infrastructure and deep expertise in payments give us the confidence to scale our international remittance services with greater reliability and reach.”

Mr. Simon Nelson, Chief Commercial Officer of Thunes, said: “Vietnam is a vibrant and rapidly-evolving market. Our collaboration with FinFan brings new opportunities to increase financial connectivity between Vietnam, Asia and the rest of the world. By joining forces, we’re taking another step toward our vision of connecting the next billion users to a truly inclusive global payments network.”

The collaboration focuses on four key objectives:

  • Simplifying international remittance processes.
  • Reducing transaction costs and fees for businesses and consumers.
  • Elevating Vietnam’s position within the regional digital finance landscape.
  • Transforming cross-border payments in Vietnam by bringing new fintech innovation to the market.

The collaboration between FinFan and Thunes lays the foundation for a reliable, connected, and inclusive financial network, enhancing trade efficiency, optimizing cash flow, and reinforcing Vietnam’s standing in the global digital economy. Partners seeking to modernize cross-border remittance frameworks are invited to connect for discussions on implementation and collaboration opportunities.

For more information about Thunes, visit: https://www.thunes.com/
For more information about FinFan, visit: https://finfan.io/en