NEW YORK, Nov. 20, 2025 /PRNewswire/ — Lanvin Group Holdings Limited (NYSE: LANV, the “Company” or “Lanvin Group”), a global luxury fashion group, today announced that it will hold its annual general meeting of the shareholders (the “AGM”) virtually through a live webcast and teleconference on December 18, 2025 at 9:00 AM EST. The AGM will serve as an open forum for shareholders to engage with the Board of Directors and the executive management of the Company, and will be convened for the purpose of considering and, if thought fit, passing the Proposed Resolution set forth in the Notice of AGM. The Notice and the form of proxy for the AGM are available on the Company’s website at https://ir.lanvin-group.com.
The Board of Directors fully supports the Proposed Resolution and recommends that shareholders vote in favor of it as set out in the Notice of AGM.
Only holders of record of the Company’s ordinary shares with a par value of US$0.000001 each at the close of business on November 17, 2025 New York time are entitled to receive notice of, to attend and to vote at the AGM or any adjournment or postponement thereof.
The Company has filed its annual report on Form 20-F, including its audited financial statements, for the fiscal year ended December 31, 2024 (the “Form 20-F”), with the United
States Securities and Exchange Commission (the “SEC”). The Form 20-F can be accessed on the Company’s website at https://ir.lanvin-group.com and on the SEC’s website at http://www.sec.gov.
About Lanvin Group Lanvin Group is a leading global luxury fashion group headquartered in Shanghai, China and Milan, Italy, managing iconic brands worldwide including Lanvin, Wolford, Sergio Rossi, St. John Knits, and Caruso. Harnessing the power of its unique strategic alliance of industry-leading partners in the luxury fashion sector, Lanvin Group strives to expand the global footprint of its portfolio brands and achieve sustainable growth through strategic investment and extensive operational know-how, combined with an intimate understanding and unparalleled access to the fastest-growing luxury fashion markets in the world. Lanvin Group is listed on the New York Stock Exchange under the ticker symbol “LANV”. For more information about Lanvin Group, please visit www.lanvin-group.com, and to view our investor presentation, please visit https://ir.lanvin-group.com.
DUBAI, UAE, Nov. 20, 2025 /PRNewswire/ — AMBITIONS ENTERPRISE MANAGEMENT CO. L.L.C (“Ambitions” or “the Company”) (NASDAQ: AHMA), a United Arab Emirates (“UAE”)-based MICE (meetings, incentives, conferences, and exhibitions) and tourism services provider, today announced that its UAE-based subsidiary, MULTIPLE EVENTS L.L.C (“Multiple Events”), has been formally appointed as the preferred executive service partner for the 19th World Chinese Entrepreneurs Convention (the “WCEC”), to be held in Abu Dhabi and Dubai in October 2027.
Multiple Events plans to leverage its expertise and track record of managing large-scale international events across the UAE to deliver a convention powered by technology, aiming to showcase its innovation and execution prowess for the global business community. With a comprehensive, technology-enabled event plan spanning creative and scenographic design, venue and stage operations, hospitality, media and communications, supplier coordination and on-site management, Multiple Events aims to accommodate an expected audience of nearly 5,000 Chinese entrepreneurs, business leaders and global partners.
Established in 1991, the WCEC is a platform aiming to promote Chinese global entrepreneurship, commercial collaboration and cultural exchange. For over three decades, the WCEC has hosted large-scale events in many countries and cities, serving as a beacon for global Chinese businesses seeking international investment and cooperation. WCEC member companies include international enterprises and industry participants from across regions, while its network encompasses over 8,000 small and medium-sized enterprises across more than 100 industries worldwide.
The 19th WCEC is expected to serve as a globally focused platform attracting Chinese, overseas Chinese, and international business leaders, and encouraging investment and engagement with the UAE’s economy and industrial innovation strategy.
About AMBITIONS ENTERPRISE MANAGEMENT CO. L.L.C
As a UAE-based MICE and tourism services provider, the Company serves a global client base by delivering event management and one-stop travel solutions. Guided by an experienced management team and supported by partnerships across the tourism and hospitality industries in the Middle East, Europe, Africa, and the Americas, the Company executes large-scale events for clients from diverse sectors. Additionally, the Company manages bespoke travel experiences, providing a one-stop guided tour service that streamlines travel across the UAE and its neighboring countries, as well as to other global destinations.
This press release contains statements that may constitute “forward-looking” statements which are made pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. 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 press release. 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.
The first CDE-designated Breakthrough Therapy for perioperative gastric cancer, promising accelerated patient access.
The world’s first gastric cancer perioperative regimen replacing chemotherapy with immunotherapy alone in the adjuvant setting has met primary endpoints in its phase 3 clinical trial, significantly reducing recurrence risk and improving cure rates.
No immunotherapy has been approved globally for gastric cancer perioperative treatment – HANSIZHUANG is poised to address this unmet medical need.
SHANGHAI, Nov. 20, 2025 /PRNewswire/ — Shanghai Henlius Biotech, Inc. (2696.HK) announced that its self-developed innovative anti-PD-1 monoclonal antibody HANSIZHUANG (serplulimab, Hetronifly® in Europe), in combination with chemotherapy for neo-/adjuvant treatment for gastric cancer, has been officially granted the Breakthrough Therapy Designation (BTD) by the Center for Drug Evaluation (CDE) of the National Medical Products Administration (NMPA). This marks the first gastric cancer perioperative drug to receive the CDE’s BTD. Previously, the phase 3 clinical trial of this therapy met its primary endpoints. As the world’s first perioperative gastric cancer treatment regimen replacing chemotherapy with immunotherapy alone in the adjuvant setting, it demonstrates potential to deliver dual breakthroughs in survival benefits and quality of life for patients.
In accordance with the relative measures of Administration of Drug Registration and the Announcement of the NMPA on the Release of Three Documents including the Working Procedures for Review of Breakthrough Therapeutics (Trial) (No. 82 of 2020), the BTD procedure is designed to expedite the development and review of therapies that are intended for treatment of a seriously debilitating or life-threatening condition for which there is no existing treatment and where preliminary evidence indicates advantages of the therapy over available treatment options. According to the CDE, drug candidates with BTD may be eligible for conditional approval and priority review when submitting a New Drug Application (NDA).
Gastric cancer is a highly prevalent malignant tumor worldwide, ranking fifth in both incidence and mortality among all cancers [1]. In China, the number of new cases and deaths from gastric cancer reached 359,000 and 260,000 respectively in 2022, ranking fifth and third among all malignant tumors [2], reflecting a substantial disease burden. Currently, radical surgery remains the primary treatment for gastric cancer. However, clinical practice faces multiple challenges, including low rates of surgical resection, a limited proportion of radical resections, and high postoperative recurrence rates in patients with stage 2 or higher disease. Therefore, improving resection rates and exploring effective non-surgical treatment strategies have become key research directions in gastric cancer management [3]. Against this backdrop, the role of neoadjuvant/adjuvant therapy has become increasingly prominent [4]. Neoadjuvant therapy aims to downstage tumors, increase the rate of complete resection, and achieve maximal pathological response. Adjuvant therapy, on the other hand, focuses on eliminating minimal residual disease after surgery to reduce the risk of recurrence. Currently, chemotherapy or chemoradiotherapy represents the mainstream perioperative treatment strategy for gastric cancer [5-7]. Nevertheless, recurrence rates remain high. Additionally, many patients experience interruptions in adjuvant therapy due to slow postoperative recovery or poor tolerance to chemotherapy, which directly affects their long-term survival outcomes.
The ASTRUM-006 trial—a phase 3 study evaluating HANSIZHUANG combined with chemotherapy as neo-/adjuvant treatment for gastric cancer—is the first perioperative Phase 3 registration study in China to report positive results, It aims to assess the clinical efficacy and safety of HANSIZHUANG plus chemotherapy compared with placebo plus chemotherapy as neoadjuvant, followed by HANSIZHUANG monotherapy as adjuvant therapy, in patients with early-stage gastric cancer. Interim analysis results demonstrated that the combination of HANSIZHUANG and chemotherapy significantly extended event-free survival (EFS) and achieved a pathological complete response (pCR) rate more than three times that of the control group, significantly reducing the risk of recurrence with an overall manageable safety profile. The study pioneers a novel “chemotherapy-free” adjuvant treatment model. This approach not only enhances the potential for cure but also achieves a superior balance between efficacy and safety by avoiding chemotherapy-related toxicities, thereby substantially improving patient treatment adherence and quality of life. Currently, no immunotherapy is approved globally for the perioperative treatment of gastric cancer. As a multicenter clinical trial initiated by a Chinese company and led by Chinese investigators, ASTRUM-006 fully demonstrates China’s innovative capacity and leadership in the field of oncology. The recent granting of BTD authoritatively recognizes HANSIZHUANG’s potential and clinical value in the perioperative setting of gastric cancer, which is expected to accelerate its regulatory review and market approval, potentially filling the current gap in immunotherapy for this indication.
Going forward, Henlius will fast-track this innovative therapy to market, bridging a clinical breakthrough into tangible survival benefits. We are committed to bringing new hope to patients through a superior treatment option.
About Henlius Henlius (2696.HK) is a global biopharmaceutical company with the vision to offer high-quality, affordable and innovative biologic medicines for patients worldwide with a focus on oncology, autoimmune diseases and ophthalmic diseases. To date, 10 products have been approved for marketing across multiple countries and regions, and 3 marketing applications have been accepted for review in China, the U.S. and the EU, respectively. Since its inception in 2010, Henlius has built an integrated biopharmaceutical platform with core capabilities of high-efficiency and innovation embedded throughout the whole product life cycle including R&D, manufacturing and commercialization. It has established global innovation centre and Shanghai-based commercial manufacturing facilities certificated by China, the EU and U.S. GMP.
Henlius has pro-actively built a diversified and high-quality product pipeline covering about 50 molecules and has continued to explore immuno-oncology combination therapies with proprietary HANSIZHUANG (anti-PD-1 mAb) as the backbone. To date, the company’s launched products include HANSIZHUANG (serplulimab, trade name: Hetronifly® in Europe), the world’s first anti-PD-1 mAb for the first-line treatment of SCLC, HANQUYOU (trastuzumab, trade name: HERCESSI™ in the U.S., Zercepac® in Europe), a China-developed mAb biosimilar approved in China, Europe and U.S., HANLIKANG (rituximab), the first China-developed biosimilar, denosumab Bildyos® and Bilprevda®, and pertuzumab Poherdy®. What’s more, Henlius has conducted over 30 clinical studies for 19 products, expanding its presence in major markets as well as emerging markets.
[1] Bray F, Laversanne M, Sung H, et al. Global cancer statistics 2022: GLOBOCAN estimates of incidence and mortality worldwide for 36 cancers in 185 countries. CA Cancer J Clin. 2024 May-Jun;74(3):229-263.
[2] Han B, Zheng R, Zeng H, Wang S, Sun K, Chen R, Li L, Wei W, He J. Cancer incidence and mortality in China, 2022. J Natl Cancer Cent. 2024 Feb 2;4(1):47-53.
[4] Knight G, Earle CC, Cosby R, et al. Neoadjuvant or adjuvant therapy for resectable gastriccancer: a systematic review and practice guideline for North America. Gastric Cancer ,2013, 16(1):28-40.
[5] Lordick F, Carneiro F, Cascinu S, et al. Gastric cancer: ESMO Clinical Practice Guideline for diagnosis, treatment and follow-up. Ann Oncol. 2022 Oct;33(10):1005-1020.
[6] National Comprehensive Cancer Network. NCCN clinical practice guidelines in oncology (NCCN guidelines): gastric cancer (Version 3.2025).
[7] Japanese Gastric Cancer Association. Japanese Gastric Cancer Treatment Guidelines 2021 (6th edition). Gastric Cancer. 2023 Jan;26(1):1-25.
SHENZHEN, China, Nov. 20, 2025 /PRNewswire/ — Fibocom (300638.SZ | 0638.HK), a global leader in wireless communication modules and edge AI solutions, has unveiled its innovative AI Dongle. The device delivers mobile AI computing power to personal PCs, NAS devices, and other terminals, supporting real-time on-device LLM inference for applications like Q&A assistants, text-to-image search, and meeting summarization.
Plug-and-Play AI Experience
The AI Dongle addresses key challenges for edge devices, including real-time inference, data privacy, and energy efficiency. USB-powered, compact, and driver-free, it delivers a true plug-and-play experience on any USB-enabled device. By processing data locally, sensitive information remains on-device, making it ideal for privacy-focused scenarios such as smart meetings and personal assistants. Built on the Qualcomm® QCS6490 processor, the AI Dongle supports a wide range of tasks, from lightweight AI workloads to complex large-model inference.
Fibocom’s proprietary AI Stack empowers developers to access popular models via OpenAI APIs, enabling seamless integration of on-device AI capabilities with minimal configuration.
Empowering Devices from PCs to NAS
Plugged into any standard PC USB port, the AI Dongle delivers powerful AI capabilities for applications like smart meeting systems, supporting offline multi-language translation and automatic meeting summaries.
For developers, it lowers the barrier to entry—no expensive AI workstations are needed. Creative professionals can accelerate AI-powered plugins for image processing, video editing, and more.
Paired with NAS devices, the AI Dongle adds dedicated AI computing to centralized storage. This combination is ideal for smart home and safety applications, enabling real-time analysis of local video for facial recognition and behavior detection while protecting data privacy. For small and medium-sized enterprises, it offers secure, efficient content management, supporting tasks like document analysis and intelligent categorization. In research and edge computing, it provides a local processing platform that reduces cloud dependency, latency, and costs.
Flexible Expansion for Developers
Fibocom currently offers two demo applications—knowledge Q&A and audio/video transcription—and plans to launch local knowledge-base solutions soon. The AI Dongle will also support open-source agent frameworks, including Tencent Youtu-Agent, streamlining AI application development and accelerating deployment.
Willson Liu, General Manager of Fibocom AIS Business Unit, said: “The AI Dongle will accelerate AI adoption across intelligent devices, offering a portable, user-friendly, scalable AI+ solution. Fibocom is committed to collaborating across the edge AI ecosystem to explore diverse computing solutions and drive intelligent upgrades across industries.”
About Fibocom
Fibocom, founded in 1999, is China’s first wireless communication module company listed on both the A-share and H-share markets (300638.SZ, 0638.HK). As a global leading provider of wireless communication modules and AI solutions, Fibocom leverages wireless communication and artificial intelligence as its core technologies to provide integrated hardware and software solutions that empower industry applications. These solutions accelerate the transformation from “Connect Everything” to “Intelligent Connectivity” across diverse industries.
Fibocom’s one-stop solutions encompass cellular communication, AI, automotive, and GNSS modules, as well as AI toolchains, supporting industry-side and mainstream large model integration, and providing AI Agent, global connectivity, and cloud services, driving the digital intelligence upgrades in industries such as robotics, consumer electronics, low-altitude economy, intelligent transportation, smart retail, and smart energy.
BEIJING, CHINA – Media OutReach Newswire – 20 November 2025 – China showcased its environmental achievements at a side session during the 30th UN Climate Change Conference (COP30) in Belém, Brazil, on November 10, underscoring its broader vision of ecological civilization and its ongoing efforts to address climate change.
The event, held at the China Pavilion under the theme on ecological civilization and the practice of building a “Beautiful China,”, brought together senior Chinese officials and top United Nations climate leaders.
China’s Minister of Ecology and Environment (MEE) Huang Runqiu said at the event that the country has placed ecological civilization at an “unprecedented height” since 2012, integrating carbon reduction, pollution control, ecosystem restoration, and high-quality growth.
“China has created remarkable ecological and green development miracles,” he said, adding that the country will continue advancing ecological civilization with broader vision and stronger measures while implementing its national strategy and promoting the Global Development Initiative, Global Security Initiative, Global Civilization Initiative, and Global Governance Initiative, for tackling climate change, to help address climate change.
Other keynote speakers included the United Nations Framework Convention on Climate Change (UNFCCC) Executive Secretary Simon Stiell, the United Nations Environment Program (UNEP) Executive Director Inger Andersen, Selwin Hart, Special Adviser to the UN Secretary-General on Climate Action and Just Transition, and China’s special envoy for climate change Liu Zhenmin.
Li Gao, China’s COP30 delegation head and vice minister of MEE, chaired the opening remarks session.
Li said China remains a “determined actor and major contributor to global green development,” and will continue constructive engagement in multilateral climate processes while upholding the principle of common but differentiated responsibilities. He called for strengthened unity to build “a clean, beautiful and sustainable world.”
Stiell described China as “a cornerstone of global climate action,” emphasizing its long-standing role in South-South cooperation and sustained commitment to dialogue under the Paris Agreement framework. He said China’s practical contributions have advanced international climate governance.
UNEP’s Andersen said China’s guiding concept that “lucid waters and lush mountains are invaluable assets” reflects “deep development wisdom.” She noted China’s global leadership in multiple sectors, including electric vehicle production and sales, declining energy intensity per unit of GDP, and the rapid expansion of its national carbon market. These achievements, she said, offer “valuable lessons to countries charting their own green transitions.”
Inger Andersen, executive director of the United Nations Environment Programme, delivers remarks. (Photo by Lin Mengnan/China News Network)
Hart stressed that COP30 must become a “turning point” in humanity’s response to the escalating climate crisis. The first decade under the Paris Agreement has shown that climate goals are achievable, he said, urging nations to adopt stronger collective action over the next 10 years to bring global climate governance back on track.
Climate envoy Liu Zhenmin underscored the symbolic timing: the 10th anniversary of the Paris Agreement and the fifth year since China announced its carbon peaking and neutrality pledges. He highlighted China’s new nationally determined contribution unveiled on Sept. 24, which for the first time outlines economy-wide net emissions reductions after reaching carbon peak and details major accompanying actions. The updated commitments, he said, send a “strong signal of China’s firm resolve” to tackle climate change.
During the event, two reports that highlight China’s ecological civilization progress and its updated climate policy roadmap were released, providing new data and case studies on green development and climate action. In parallel, a public-interest song promoting environmental awareness was launched globally.
Hosted by the MEE and the Xi Jinping Thought on Ecological Civilization Research Center, the session aimed to share experience, build consensus, and support the COP30 agenda.
China News Network is a co-organizer of the side session.
The issuer is solely responsible for the content of this announcement.
HONG KONG SAR – Media OutReach Newswire – 20 November 2025 – Global leaders from the shipping world have converged for Hong Kong Maritime Week (HKMW) 2025, the ninth edition of the week-long series of events (November 16-22) held under the overarching theme of “Navigating to a Greener Future”.
With over 50 events organised by more than 70 international, Chinese Mainland and local organisers, HKMW 2025 has drawn a record of over 18,000 participants from around the globe. It provides a high-level platform for policymakers, senior representatives of international organisations as well as industrial luminaries and practitioners to share their perspectives and exchange views on various topics of interest to the global maritime industry.
Hong Kong Maritime Week showcases Hong Kong’s status as a leading global maritime capital
Speaking at the opening ceremony (November 17), John Lee, Chief Executive of the Hong Kong Special Administrative Region (HKSAR), urged stronger international collaboration to overcome challenges and forge a more sustainable future for maritime industries.
“In a world being reshaped by geopolitical discord, technological disruption and climate change, these themes are more than aspirational. They sound an alarm, a wake-up call to collective action,” Mr Lee said. “Hong Kong’s role as a stable, reliable and dynamic maritime hub has never been more vital. The principle of ‘one country, two systems’ is the cornerstone of our success, providing us with an unshakeable foundation.”
Mr Lee also attended the opening of the two-day Asian Logistics, Maritime and Aviation Conference (ALMAC) (November 17-18), an anchor event of HKMW that welcomed some 2,300 high-profile logistics leaders and professionals from more than 40 countries and regions . During the event, he unveiled the first batch of ports under the newly established Partner Port network.
“I am particularly pleased to announce that Hong Kong has established Partner Port relationships with Guangxi port and Dalian port in the Chinese Mainland, and Port San Antonio in Chile,” Mr Lee said. “These ports are of strategic importance, and true to our character and policy priorities. As an international maritime centre, we connect the Chinese Mainland with the world and seek partners who support an open, international trade order.”
Hong Kong is building “partner port” relationships with strategic ports in Chinese Mainland and key Belt and Road regions
Echoing the theme of the HKMW 2025, the HKSAR Government’s Secretary for Transport and Logistics, Mable Chan, said green transformation is a major global trend in the maritime industry. To help meet the International Maritime Organization (IMO)’s target of achieving net-zero carbon emissions from international shipping by 2050, the government was bringing together all parties, including fuel suppliers and other IMO members to achieve this goal as a joint force.
In a media interview, Ms Chan outlined recent government initiatives to promote green shipping. These include announcing the Code of Practice on LNG Bunkering and Code of Practice on Methanol Bunkering, and launching the Green Maritime Fuel Bunkering Incentive Scheme to provide incentives to pioneer companies conducting green maritime fuel bunkering businesses in Hong Kong for relevant bunkering operations.
“The government facilitated the conduct of the first liquefied natural gas (LNG) ship-to-ship bunkering demonstration by the industry in February 2025. Since then, 13 commercial LNG bunkering operations have been successfully conducted, regularising the provision of commercial LNG bunkering services in Hong Kong,” Ms Chan said. “These demonstrate Hong Kong’s great potential in developing green maritime fuel bunkering.”
Paul Chan, Financial Secretary of the HKSAR Government, highlighted opportunities arising from decarbonisation. Speaking at the Hong Kong Global Maritime Trade Summit (November 17) themed “Building Resilience, Driving Growth and Investment”, Mr Chan said that maritime decarbonisation represents a “multi-trillion-dollar investment opportunity” through 2050.
“The transition to zero-emission marine fuels could create up to 4 million jobs globally across the energy supply chain,” he said. “Here in Hong Kong, we are embracing this. For example, we have published an Action Plan on Green Maritime Fuel Bunkering, positioning ourselves as a regional hub for sustainable fuel supply. Our goal is to provide bunkering services for green fuels to ocean-going vessels more than 60 times per year by 2030, involving over 200,000 tonnes of green maritime fuels.”
Hong Kong ranks fourth, globally, in the International Shipping Centre Development Index for six consecutive years and is home to more than 1,200 port and maritime-related companies, a thriving cluster of global leaders in ship management, finance, insurance and law.
To enhance the city’s leading position in high value-added maritime services, Mr Lee said Hong Kong would make good use of its “one country, two systems” advantages, including being China’s only bilingual common law jurisdiction as well as offering a simple and low tax regime, free port status and the unfettered flow of capital, information and talent.
Ms Chan said, “We will strengthen collaboration with international marine insurance organisations to upscale the training of marine insurance talents, whilst expanding the scope of the Maritime and Aviation Training Fund to cover more green energy courses, thereby reinforcing Hong Kong maritime strengths.”
By harnessing the power of AI, blockchain, cloud computing and other cutting-edge technologies, Hong Kong is developing a Port Community System, to be launched in January 2026. It will enable real-time cargo tracking and facilitate data exchange across transport modes, boosting trade and capital flows digitally, opening up new opportunities, from trade financing to more efficient customs declaration.
MELBOURNE, Australia, Nov. 20, 2025 /PRNewswire/ — Sungrow, the global leading PV inverter and energy storage system provider, proudly strengthened its long-standing strategic alliances with top renewable energy distributors, Raystech Group, Supply Partners, and Tradezone during a formal signing ceremony at the 2025 All-Energy Australia exhibition. These enhanced signings mark a pivotal milestone in Sungrow’s continued dedication to accelerating Australia’s clean energy transition through trusted partnerships and innovative solutions.
Sungrow Signing 2026 Distribution Agreements with Three Key Partners
Three Key Partners Sign 2026 Distribution Agreements
– The Agreement with Prominent Wholesale Distributor in Australia and New Zealand – Raystech Group
Building on a successful partnership, Sungrow has entered a new distribution agreement with Raystech Group, a leading renewable energy wholesaler headquartered in Brisbane. Under the 2026 agreement, Raystech will deliver 800MW of Sungrow PV inverters, including 450MW for residential, 150MW for commercial & industrial (C&I), and 200MW for utility-scale applications.
In addition, Raystech will supply 1GWh of Sungrow battery energy storage systems (BESS) in 2026, including 600MWh for residential, 150MWh for C&I, and 250MWh for utility-scale projects. This collaboration reinforces Sungrow’s commitment to accelerating the clean energy transition and expanding access to advanced solar and storage solutions across Australia and New Zealand.
– The Expanded Agreement with Long-Standing Partner in Australia’s Renewable Energy Sector – Supply Partners
At All-Energy Australia 2025, Sungrow and Supply Partners renewed their strategic distribution agreement for 2026, covering 300MW of PV inverters and 300MWh of residential battery energy storage systems (BESS).
Supply Partners will continue to lead direct distribution across residential, commercial, and battery segments, reinforcing a shared commitment to delivering reliable and future-ready clean energy solutions for Australia’s evolving market.
– The Strategic Agreement with Australia’s Largest Online Electrical Wholesaler Tradezone
Sungrow and Tradezone formalised a strategic partnership to deliver trusted clean energy solutions to communities nationwide. By strengthening supply channels and empowering thousands of installers, this collaboration brings smarter solar and storage technologies to more Australian households and businesses, accelerating the transition to a sustainable energy future.
About Raystech
Raystech is an international brand in leading renewable energy wholesale distribution with a footprint all across Australia and New Zealand. In Australia and New Zealand, self-operated sales offices and widest warehouses across Australia and distribution centers in major cities provide a comprehensive solar solution to their clients. Raystech shares synergy with their clients and suppliers aimed to become an industry-preferred renewable energy wholesale distributor in a customer-centric business model.
About Supply Partners
Established in 2012, Supply Partners is a highly trusted distributor in Australia’s renewable energy sector, specialising in the distribution of premium solar and storage solutions. With a strong focus on residential, commercial, and battery segments, the company delivers tailored support and technical expertise to installers nationwide. Supply Partners is known for its customer-first approach, streamlined logistics, and commitment to advancing clean energy adoption across Australia.
About Tradezone
Tradezone is Australia’s largest local electrical supplier, proudly family-owned and operated for over 30 years. Renowned as the go-to source for electrical supply needs, Tradezone serves electricians, tradies, and industry professionals across Sydney, Newcastle, Rural New South Wales, and Canberra. With an extensive inventory includes everything from premium solar panels to industrial electrical supplies, Tradezone combines deep industry expertise with reliable service to power Australia’s clean energy future.
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.
HO CHI MINH CITY, Vietnam , Nov. 20, 2025 /PRNewswire/ — Stavian Industrial Metal, one of Vietnam’s leading industrial metals companies, will participate as the exclusive Platinum Sponsor at the Vietnam International Marine and Offshore Expo (VIMOX 2025) and showcase its integrated material and supply chain solutions for the shipbuilding, maritime, and offshore energy sectors. The event will take place from November 19 to 21, 2025, at The Adora Center in Ho Chi Minh City, Vietnam.
Highlights from the Opening Ceremony of VIMOX 2025
Mr. David Nguyen Minh Tu – Chairman of Stavian Industrial Metal (far right) is presented with the exclusive Diamond Sponsor recognition plaque by the Organizing Committee
Mr. Justin, Nguyen Minh Tiep, CEO of Stavian Industrial Metal delivers a speech at VIMOX 2025
“At VIMOX 2025, we are proud to represent Vietnam’s industrial excellence on the global stage, said Justin Nguyen, CEO, Stavian Industrial Metal. “Our priority is to expand global processing and trading partnerships, promote sustainable solutions, and support Vietnam’s growing momentum towards green transition and renewable energy development as a trusted industry partner.”
A Multi-Layered Strategy for Sustainable Global Growth
In 2024, Vietnam exported over 12.62 million tonnes of iron and steel, generating over USD 9.08 billion at an average price of USD 719.5 per tonne. The nation’s broader manufacturing industry is expected to maintain steady growth, supported by rising production capacity and increasing global demand. Building on this industrial growth, Stavian Industrial Metal is committed to strengthening the nation’s position in the international aluminum, copper, steel, and zinc markets.
Ms. Johanna, Vu Thi Xoan, Chief Strategy Officer at Stavian Industrial Metal delivers a keynote presentation at VIMOX 2025
The company integrates sustainable practices and aligns with global standards through a comprehensive, multi-layered strategy:
Positioning itself as a global general agent for industrial metals, Stavian Industrial Metal leverages Stavian Group’s extensive international network to expand market reach, revenue, and brand presence for manufacturers worldwide.
Redefining the industrial metal distribution model with clear specialization and value-added participation from all stakeholders, connecting manufacturers, markets, and customers through an integrated, transparent, and efficient value chain.
Providing comprehensive business solutions that strengthen Vietnam’s industrial metal sector and promote Vietnamese metal products to the global market, contributing to the country’s export growth and global industrial integration.
Advancing global-scale metal processing and trading for efficiency and competitiveness.
Developing green metal products that meet international sustainability standards and align with Vietnam’s Net Zero 2050 agenda.
Reinforcing its comprehensive strategy, Stavian Industrial Metal has signed binding terms with ACME Group, India’s leading clean technology and renewable energy company, for a long-term green hot briquetted iron (HBI) and direct reduced iron (DRI) off-take agreement. Accordingly, Stavian Industrial Metal will secure the exclusive right to distribute and off-take 800,000 tons per year of HBI and DRI green steel for the Asian Market for at least 10 years.
Pioneering Vietnam’s Profile through Global Engagements
Stavian Industrial Metal has set its sights on becoming a bridge, connecting Vietnam’s metal industry with global markets. The company works closely with key partners, including Viettel Construction, Dai Dung, PVC-MS, TISCO, LILAMA, and Green Steel WA. It has also actively maintained crucial collaborations with regional and international industry associations through its membership in AmCham Vietnam and its role on the Executive Board of the Vietnam Steel Association (VSA). The company is a frequent participant in major international events such as the CRU World Aluminium Summit 2025 in London and Aluminium China 2025 in China.
With a clear roadmap toward international collaborations and green growth, Stavian Industrial Metal is positioning Vietnam as a rising force in the global industrial metals market.
Stavian Industrial Metal’s leadership at the company’s exhibition booth at VIMOX 2025
Stavian Industrial Metal showcases its position as a pioneer in comprehensive metal solutions, spanning four key product groups: steel, aluminum, copper, and zinc
About Stavian Industrial Metal
Stavian Industrial Metal, a subsidiary of Stavian Group, leverages its robust financial foundation and extensive global network to spearhead the processing, investment and trading of high-quality industrial metals, including steel, aluminium, copper, and zinc. Renowned for its innovative business solutions tailored to the metal trading industry, the company is committed to promoting Vietnamese metal products on the global stage while facilitating the integration of international best practices and advancements into the Vietnamese metal industry.
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