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Tronsmart Marks 12-Year Milestone with Innovative Audio Tech Launch

HO CHI MINH CITY, Vietnam, April 11, 2025 /PRNewswire/ — On April 11th at Gem Center, Vietnam, Tronsmart, a global leader in smart tech accessories, celebrated its 12th anniversary by revealing seven new advanced audio products. The event brought together influential industry players, prominent media representatives, and leading retailers to commemorate over a decade of innovation.


Reflecting on 12 years of growth and achievement, Tronsmart emphasized its dedication to delivering high-tech solutions that enhance everyday life. Alais Wang, Regional Marketing Director of Tronsmart shared insights into this vision. “The pursuit of technological excellence has been at the heart of every milestone achieved over these years. Supported by numerous certifications, patents, and widespread recognition within the tech community, these latest innovations demonstrate an unwavering commitment to redefining user experiences.”


Vietnam’s leading tech influencer, Tuấn Ngọc đây, attended the event and shared his firsthand experiences with Tronsmart products. “In my experience, Tronsmart’s new range really delivers on both audio and design. You get that rich, immersive sound, but the devices are also lightweight and stylish, which is a huge plus. If you’re looking for gear that’s convenient for everyday use but doesn’t compromise on quality, these are definitely worth checking out.”

Tronsmart’s ongoing commitment to innovation has earned well-deserved recognition. Its upcoming Halo 300 Party Speaker, for example, was recently honored with the prestigious Red Dot Award: Product Design 2025. This accolade highlights the brand’s focus on combining cutting-edge design with superior functionality. During the event, attendees had an exclusive opportunity to discover more of Tronsmart’s latest innovations—seven newly launched products, each designed to meet diverse audio needs.

Among the innovative products introduced was the Tronsmart Mirtune S100 Portable Speaker, which stands out as the first 50W portable Bluetooth speaker with a retractable handle. It features three built-in speakers and utilizes patented SoundPulse® technology to deliver deeper bass and richer detail, approaching Hi-res audio quality.

Moreover, the Tronsmart Mirtune H1 Speaker was unveiled, specifically designed for outdoor activities such as hiking and mountaineering. It boasts an IPX7 waterproof certification and offers up to 20 hours of battery life, making it ideal for outdoor use. Both the S100 and H1 have been recognized for their exceptional design, earning the MUSE Design Golden Awards. The event also showcased the Mirtune C3 and Tronsmart C3 Plus speakers, both offering 24W output, app-based EQ control, dual-device pairing, and IPX7 waterproofing.

In addition, the lineup featured advanced headphone solutions, notably the Tronsmart Q20S, which employs hybrid noise reduction technology to achieve up to 40dB of noise cancellation. This model delivers exceptional sound clarity and has earned the Hi-Res Audio certification. It ensures accurate reproduction of digital 24-bit/96 kHz media files, delivering audio closer to the artist’s original intent.

The Tronsmart Q20 also offers a truly immersive and personalized audio experience with an impressive 85% noise reduction, powerful bass, and a remarkable 60-hour battery life. Open-ear options like the Tronsmart Sounfii R4 earphones prioritized balanced sound performance paired with quad-mic call clarity, all presented within sleek designs optimized for long playtimes.

Retailers who attended the event expressed confidence in the market’s reception of the new products and the collaborative opportunities for global distribution. This optimism was echoed by journalists covering the launch, who praised the technical ingenuity of the showcased offerings.

Celebrations extend beyond the event, with promotional windows opening early and early-bird offers currently available on Vietnam’s popular retail chain CellphoneS. Interested customers are encouraged to visit the platform promptly to secure innovative devices.

About Tronsmart

Established in 2013, Tronsmart has emerged as a premier designer and manufacturer of world-class tech accessories. Recognized by reputable organizations such as Qualcomm and featured by major publications like Forbes and Yahoo!, Tronsmart maintains its commitment to excellence with over ten international product certifications. With trademarks registered across 51 countries, spanning North America, Asia-Pacific, Europe, and the Middle East, and more than 40 patents including the innovative SoundPulse® technology, Tronsmart is considered a leader in its field. The core value driving Tronsmart forward is simplifying life by providing high-tech, high-performance accessories that meet and exceed the highest quality standards.

For more information, please visit: https://tronsmart.vn/, or follow the brand on Facebook: https://www.facebook.com/TronsmartVN.


Grand Opening of the April 2025 Global Sources Hong Kong Shows Phase I: Esports Trend, IP Collaborations, and Blind Box Economy Reshape Future of Electronics Trade

HONG KONG, April 11, 2025 /PRNewswire/ — The April 2025 Global Sources Hong Kong Shows officially opened today. The first of three phases runs from April 11 to 14 at AsiaWorld-Expo, comprising major international trade shows for gaming, consumer electronics and electronic components. The exhibition continues to strengthen its position as the “Global Electronics Supply Chain Hub and Asia-Pacific Launchpad for Innovation”. It aims to deliver a dynamic, efficient trade platform that seamlessly integrates trend insights, product sourcing, and premium supplier connections.

The inaugural Global Sources Gaming Show debuts as an independent exhibition this year. The first phase features more than 2,000 qualified exhibitors from across Asia, showcasing over 100,000 cutting-edge products and comprehensive peripheral ecosystems that will define electronics industry trends for the coming six months. The show is projected to attract more than 60,000 professional B2B visitors globally.

Mr. Hu Wei, CEO of Global Sources, highlighted the forward-looking vision of the Global Sources Hong Kong Show amidst the rapidly changing global trade landscape. The event is pioneering a new era of trade shows by integrating comprehensive online-to-offline (O2O) solutions. The Global Sources Hong Kong Show is transforming the way exhibitors and buyers connect. Through pre-event precision marketing powered by registration data analytics, real-time digital services, cloud-based live-streamed expo experiences, and post-event promotional optimization, the show is setting a new standard for efficiency and innovation. “This comprehensive digital transformation not only creates an efficient, targeted, and all-encompassing platform for exhibitors and buyers but also champions eco-friendly green procurement,” said Mr. Hu. “It marks a milestone in the 30-year evolution of Global Sources Online (GSOL) and positions the show as an industry trend leader and an incubator for groundbreaking innovations.”

Global Sources Gaming Show Debuts as Standalone Exhibition

In its inaugural year as a standalone exhibition, the Global Sources Gaming Show has established itself as one of Asia’s premier esports peripherals events. The show features over 200 prominent brands including DAREU, AULA, PXN, VGN, FL•ESPORTS, and Morphling, showcasing the latest innovations in gaming technology.

A key highlight is the introduction of the new “KOLs and Buyers’ Favorite Gaming Gear Awards,” which features a dual scoring system: 70% from professional KOL judges and 30% from on-site buyers’ votes. The awards cover six categories—gaming mice, keyboards, chairs, monitors, controllers, and headsets—evaluating each based on design, functionality, user experience, material quality, and innovation. The top 18 products will compete in a special testing zone, where the final “Most Popular Products” will be selected.

John Kao, Vice President of Hong Kong Shows & Overseas Shows at Global Sources, emphasized the unique approach of this selection process. “By combining professional expertise with market feedback, we are breaking away from traditional exhibition models. Beyond providing clear direction for the esports hardware market, it helps buyers precisely identify premium products to gain competitive advantages., It has the potential to revolutionize the industry’s product development ecosystem.”

IP Collaborations and Blind Box Economy Spark New Consumer Electronics Trends

As Generation Z emerges as the dominant market force, their preference for IP collaborations and limited-edition products is reshaping market value propositions. Products are evolving from mere utility items to cultural symbols. In the first phase of this year’s exhibition, numerous exhibitors demonstrated innovative pathways in consumer electronics through IP crossover collaborations:

  1. Leveraging Global IPs to Enhance Product Competitiveness
    Exhibitors are harnessing internationally recognized IPs to elevate their product competitiveness. For instance, Qishun Innovation (Shenzhen) collaborates with renowned global IPs to launch a series of co-branded and licensed consumer electronics. These partnerships not only enhance product uniqueness but also increase market appeal.
  2. Building Brand Moats Through Original IP Development
    Exhibitors are creating proprietary IPs to establish distinct brand identities and strengthen their competitive edge. Exhibitor etechgroups showcases a range of consumer electronics featuring their original character IP “MEOWZART,” introducing a distinctive brand presence in the international market.
  3. Establishing a Comprehensive IP Ecosystem
    Industry leaders are adopting an integrated “IP Incubation–Licensing–Customization” model, combining co-branded partnerships with original IP development to drive global brand expansion. Trendy digital peripheral brand AKKO and its sub-brand MonsGeek demonstrate this approach through their diverse portfolio, which includes keyboards featuring popular IPs such as One Piece, Hatsune Miku, and Joy of Life, alongside their proprietary IP creations. Their “Original IP + Brand” strategy shows significant potential for international market growth.

As IP licensing and collaboration models gain momentum, market opportunities continue to expand. IP owners are increasingly exploring B2B channels and blind box business models to diversify their revenue streams. This innovative approach not only creates new monetization opportunities for IP owners but also offers manufacturers more flexible partnership options. For example, Akko introduced wholesale services for IP keycap blind boxes, pioneering B2B applications in the blind box economy. Similarly, IP Happi Class leveraged the Global Sources HK shows to showcase their Happi Town blind box series, featuring virtual community themes. The brand also organized exclusive blind box lottery events to engage buyers and explore new market possibilities.

John Kao, Vice President of Hong Kong Shows & Overseas Shows at Global Sources, remarked, “IP collaboration has evolved beyond single products into diversified experiential innovations. Pairing electronics with blind boxes not only strengthens ties with core customers but also creates new premium value opportunities. This empowers stakeholders across the value chain to tap deeper into IP’s potential and injects fresh momentum into the B2B market.” He also highlighted that, coinciding with the 30th anniversary of the globalsources.com (GSOL), Global Sources has transformed its mascot IP “Show Genie” into a blind box product. These will be distributed in limited quantities through on-site user surveys, enhancing the commercial atmosphere at the exhibition.

Global Sources Innovation Awards: Honoring Excellence

The Global Sources Innovation Awards ceremony kicks off during the first day of the show. It brought together top judges from industry associations, tech media, standards organizations, and buyers to spotlight leaders in electronics innovation. The first phase awards are all about consumer electronics. Global Sources has first partnered with the prestigious European Product Design Award (EPDA)™ to launch the “Best Product Design Award,” honoring products that stand out in creativity and design brilliance.

This dual-award format is all about pushing companies to step up their R&D capabilities, gain a stronger edge in the global market, and build top-tier brand identities. It’s driving the electronics industry toward steady growth.

Mr. Hu Wei, CEO of Global Sources emphasized the importance of the award. “This recognition motivates companies to increase R&D investment and explore innovative pathways. It enables them to establish a distinct competitive advantage in the global marketplace. Moreover, award-winning products achieve enhanced market positioning, thereby expanding their global brand influence. This ceremony sets a new industry benchmark, propelling innovation and growth within the electronics sector.”

Esports Summit: Exploring New Industry Opportunities

The Global Sources Summit features a dedicated esports segment, including a themed summit and workshop. Industry leaders including Vincent Wang, Director of APAC Sports & Entertainment and Global Esports Industry at Unilumin, Jennifer Lim, Personal Project and Service-Learning Coordinator, MYP Design and ESports teacher at XCL World Academy, Doug Konopelko, Senior Manager of Education Impact at CDW, and Gerald Solomon, Founder and CEO of NASEF, will convene to explore emerging trends and opportunities in the field.

Mr. Gerald Solomon, Founder and CEO of NASEF, remarked, “The summit will offer a unique opportunity to share NASEF’s globally recognized esports education and training content, to tens of thousands of technology manufacturers and industry leaders. Esports is a billion-dollar industry with millions of players and followers around the world. Along with AI, the esports industry is the future of technology. We are excited to share what this opportunity is, and how the technology industry can take advantage it.”

The April 12 summit, titled “The Next Tech Opportunity,” will examine the evolution of esports technology, marketing strategies, and global education trends. The April 13 workshop, “The Business of Esports: A Guide to Industry Partnerships and Revenue Growth,” will provide actionable insights through case studies, assisting participants in unlocking market potential and enhancing their commercial competitiveness.

1.The April 2025 Global Sources Hong Kong Shows officially opened today. The first of three phases runs from April 11 to 14 at AsiaWorld-Expo, comprising major international trade shows for gaming, consumer electronics and electronic components.
1.The April 2025 Global Sources Hong Kong Shows officially opened today. The first of three phases runs from April 11 to 14 at AsiaWorld-Expo, comprising major international trade shows for gaming, consumer electronics and electronic components.

About Global Sources

Global Sources is an internationally recognized multichannel Online-to-Offline (O2O) sourcing platform that has been driving global trade for over 50 years. The company connects authentic buyers and verified suppliers worldwide with tailored solutions and trusted market intelligence through its online platform GlobalSources.com, mobile apps, industry-specific trade shows, and tailored business matching. Global Sources’ unique services have successfully provided efficient and convenient commercial services to over 14 million registered international buyers and users.

For Media Enquiry,

Market Hubs Holdings Limited

Lierence Li

Debbie So

+852 3998-4900

+852 3998-4900

lierence@markethubsgroup.com

debbie@markethubsgroup.com

THEi Hosts Hydrogen Conference themed “Towards a Circular Hydrogen Economy: Current Status in Realization and Opportunities” with Experts Discussing Sustainable Development and Innovative Solutions


HONG KONG SAR – Media OutReach Newswire – 11 April 2025 – As a low-carbon energy source with significant development potential, hydrogen energy is recognised as a vital component of future national energy strategies. To address the increasing industry demand for hydrogen energy applications, the Technological and Higher Education Institute of Hong Kong (THEi) is actively advancing the development of the hydrogen energy sector. Funded by the Environment and Conservation Fund, THEi successfully held the hydrogen conference today (11 April), themed “Towards a Circular Hydrogen Economy: Current Status in Realization and Opportunities” cum Project Launching Ceremony. This event gathered experts and representatives from the Government, industry, and academia to discuss the crucial role of hydrogen energy in promoting sustainable development and tackling climate change.

THEi hosted Hydrogen Conference themed “Towards a Circular Hydrogen Economy: Current Status in Realization and Opportunities” cum Project Launching Ceremony with experts discussing sustainable development and innovative solutions today (11 April).
THEi hosted Hydrogen Conference themed “Towards a Circular Hydrogen Economy: Current Status in Realization and Opportunities” cum Project Launching Ceremony with experts discussing sustainable development and innovative solutions today (11 April).

THEi has once again demonstrated its strong commitment to advancing the hydrogen economy and sustainable development, following the establishment of the “GBA Hydrogen Energy Alliance” with hydrogen development companies last year. The conference brought together distinguished speakers from mainland China and abroad to promote local hydrogen research and applications, fostering long-term collaborations and outlining a sustainable future that meets societal development needs.

President Prof Alan LAU: Hydrogen at the forefront of the energy transformation

In his opening remarks, Prof Alan LAU Kin-tak, President of THEi, expressed his gratitude to guest speakers for their invaluable support in contributing new insights and solutions to environmental efforts in Hong Kong and globally. He believes that the hydrogen economy not only prioritises sustainability but also aims to minimise waste and maximise resource efficiency. He emphasised that hydrogen stands at the forefront of the transition to cleaner and sustainable sources, calling for collective efforts to create a clean future.

The event also marked the launch of the “Hydrogen Energy Education and Talent Development Centre.” He expressed his gratitude to the Environment and Conservation Fund for their funding of this project. He hopes the Centre will become a beacon of knowledge and awareness, helping to increase public understanding of hydrogen energy, inspiring the younger generation’s interest and aspirations in related industries.

The “Hydrogen Energy Education and Talent Development Centre” will complete construction in the coming months and is set to open at the end of August. It will feature exhibitions and interactive learning facilities to enhance public understanding of hydrogen energy and attract the younger generation to careers in this field, promoting sustainable renewable energy development.

Esteemed Mainland and Overseas Experts Speak to Shape a Sustainable Future

Prominent experts from both the mainland and overseas delivered keynote speeches at the conference, offering innovative perspectives, including Prof Baohua JIA, Fellow of Australian Academy of Technology and Engineering, Distinguished Professor, RMIT University, Australia; Dr WANG Yabo, Founder, KENSINO Renewable Energy Technology Company Limited and Prof Joong Hee LEE, Distinguished Professor, Jeonbuk National University and President, Advanced Hydrogen Energy Solutions Company Limited, Republic of Korea.

Subsequently, Ms LI Siu-ying, Engineer of Hydrogen Fuel Safety, Electrical & Mechanical Services Department, HKSAR Government; Mr Bright WU, Chief Technical Officer, Repower Plus New Energy and Technology Limited; Ms Cynthia ZHU, Chief Executive Officer, Hong Kong Nation-Synergy International Hydrogen Power Technology Company Limited; Dr DENG Zhanfeng, Deputy Director of Fundamental Research Centre and Director of the Hydrogen Energy Technology Research Institute, Beijing Huairou Laboratory; Mr Eric HO, Head of Engineering, Citybus Limited and Ir Dr Alex TSANG Chi-wing, Assistant Professor, Department of Construction, Environment and Engineering, THEi, shared their insights and valuable experiences on promoting the development of Hong Kong’s hydrogen economy, engaging in enthusiastic discussions with attendees.

Additionally, a technical tour is scheduled on 12 April for participants to observe the industrial operation of hydrogen energy equipment and gain insights into the latest technologies and applications in hydrogen energy.

This event received support from various organisations, including Citybus, the Hong Kong Productivity Council, REC Engineering Company, and Hong Kong Nation-Synergy International Hydrogen Power Technology. Prof Alan LAU expressed his gratitude for the support from these organisations and looked forward to more collaboration in the future to jointly promote the development of the hydrogen economy.
Hashtag: #THEi #Hydrogen




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

About Technological and Higher Education Institute of Hong Kong (THEi)

Founded in 2012, the Technological and Higher Education Institute of Hong Kong (THEi) is a member institute of the Vocational Training Council (VTC). THEi offers over 20 professional “Applied Science-Oriented” degree programmes across seven academic areas: Product and Fashion Designs, Sports and International Events Management, Digital Construction and Building Services, Horticulture, Arboriculture and Landscape Management, Chinese Medicine and Food Science, Hotel Management and Culinary Arts and Technology, and Digital Technology and Innovative Business. The programmes integrate theoretical knowledge with practical applications, and cover industries with growth potential in Hong Kong and the Asia-Pacific region, ensuring that students can apply what they learn effectively.

THEi’s degree programmes are accredited by the Hong Kong Council for Accreditation of Academic and Vocational Qualifications. The curriculum emphasises the practical application of applied science, aligning with the latest developments in business and industry. To support students in building their career paths at an earlier stage, THEi offers 100% work-integrated learning training, contributing to an employment rate* of over 95% among graduates.

THEi Chai Wan Campus was awarded the “Leadership in Sustainable Design and Performance Award – Institutional” of the Asia Pacific Leadership in Green Building Awards presented by the World Green Building Council (WorldGBC) in 2020.

*Data Source: Employment survey 2023 of THEi graduates (as of April 2024).

Trip.com Group Filed 2024 Annual Report on Form 20-F

SINGAPORE, April 11, 2025 /PRNewswire/ — Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) (“Trip.com Group” or the “Company”), a leading one-stop travel service provider of accommodation reservation, transportation ticketing, packaged tours, and corporate travel management, today announced that the Company has filed its annual report on Form 20-F that includes its audited financial statements for the three years ended December 31, 2024 with the Securities and Exchange Commission on April 11, 2025, U.S. Eastern Time. The annual report is available on the Company’s investor relations website at https://investors.trip.com. Holders of the Company’s securities may request a copy of the Company’s annual report on Form 20-F free of charge according to the instructions provided on the Company’s investor relations website.

About Trip.com Group Limited

Trip.com Group Limited (Nasdaq: TCOM; HKEX: 9961) is a leading global one-stop travel platform, integrating a comprehensive suite of travel products and services and differentiated travel content. It is the go-to destination for travelers in Asia, and increasingly for travelers around the world, to explore travel, get inspired, make informed and cost-effective travel bookings, enjoy hassle-free on-the-go support, and share travel experience. Founded in 1999 and listed on Nasdaq in 2003 and HKEX in 2021, the Company currently operates under a portfolio of brands, including Ctrip, Qunar, Trip.com, and Skyscanner, with the mission “to pursue the perfect trip for a better world.”

For further information, please contact:

Investor Relations
Trip.com Group Limited
Tel: +86 (21) 3406-4880 X 12229
Email: iremail@trip.com 

Pudu Robotics’ PUDU MT1 Wins Prestigious 2025 Red Dot Award for Product Design

SHENZHEN, China, April 11, 2025 /PRNewswire/ — Pudu Robotics, a global leader in service robotics, proudly announces that its AI-Powered Robotic Sweeper, the PUDU MT1, has won the prestigious Red Dot Award: Product Design 2025. This achievement marks the company’s third Red Dot accolade, recognizing the MT1 for its innovative design, cutting-edge technology, and transformative impact on large-scale cleaning, thereby reinforcing Pudu Robotics’ status as a pioneer in intelligent automation.

PUDU MT1 won Red Dot Design Award 2025
PUDU MT1 won Red Dot Design Award 2025

The Red Dot Award is one of the most esteemed design competitions worldwide, commending products that exemplify outstanding creativity, functionality, and user-centric innovation. The PUDU MT1 distinguished itself among thousands of global entries for its seamless integration of advanced AI, robust operational capabilities, and intuitive design, specifically tailored for demanding large-scale environments.

Launched in September 2024, the PUDU MT1 tackles the challenges of traditional cleaning in expansive spaces with unmatched efficiency. Its advanced features include:

  • AI-Powered Trash Recognition: Utilizing advanced AI algorithms, the PUDU MT1 accurately identifies and categorizes waste, optimizing cleaning operations by activating only when necessary.
  • Smart Spot Cleaning: With its wide scanning field, the MT1 efficiently patrols large areas, ensuring immediate trash removal while maximizing cleaning efficacy.
  • Dynamic Environment Adaptability: Equipped with Lidar SLAM and VSLAM technology, the MT1 navigates complex spaces with full spatial awareness, adjusting to layout changes seamlessly.
  • Proactive Dust Control: The high-flow negative pressure exhaust system prevents secondary pollution, promoting a healthier cleaning environment.
  • User-Friendly Design: An intuitive touchscreen interface simplifies operation, while its modular design allows for easy maintenance and quick intervention when needed.
  • IoT Integration: Seamless connectivity with elevators, gates, and smart devices enables fully autonomous multi-floor operations.

Pudu Robotics has consistently set benchmarks in robotics design. In 2017, the company’s first delivery robot won the Red Dot’s highest honor, the “Best of the Best” award, and in 2023, the PUDU CC1 commercial cleaning robot was similarly recognized with a Red Dot Award for Product Design. Most recently, the PUDU SH1, an intelligent upright scrubber dryer, earned the iF Design Award 2025, underscoring the brand’s relentless innovation across diverse applications.

The PUDU MT1’s Red Dot Award highlights Pudu Robotics’ ongoing mission to advance intelligent automation, delivering transformative cleaning solutions that adapt to the evolving needs of modern industries.

About the Red Dot Design Award

The Red Dot Award was founded in 1955 and has become one of the most respected design awards worldwide. It honors groundbreaking creativity, practical functionality, and superior craftsmanship. Recognized works stand at the forefront of international design innovation, embodying unmatched quality and market influence.

About Pudu Robotics

Pudu Robotics, a global leader in the service robotics sector, is dedicated to enhancing human productivity and living standards through innovative robot technology. With a focus on R&D, manufacturing, and sales of service robots, Pudu Robotics holds over a thousand authorized patents worldwide, encompassing a wide range of core technologies. The company’s robots have been widely adopted in various industries, including dining, retail, hospitality, healthcare, entertainment, education and manufacturing. To date, Pudu Robotics has successfully shipped over 90,000 units to a variety of markets, with a presence in more than 60 countries and regions worldwide. For more information on business developments and updates, follow PUDU on LinkedIn, Facebook, YouTube, Twitter and Instagram.

ATRenew Inc. Files 2024 Annual Report on Form 20-F

SHANGHAI, April 11, 2025 /PRNewswire/ — ATRenew Inc. (“ATRenew” or the “Company”) (NYSE: RERE), a leading technology-driven pre-owned consumer electronics transactions and services platform in China, today announced the filing of its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the Securities and Exchange Commission (the “SEC”) on April 11, 2025. The annual report on Form 20-F can be accessed on the SEC’s website at http://www.sec.gov and on the Company’s investor relations website at http://ir.atrenew.com

The Company will provide a copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to Investor Relations, ATRenew Inc., 12/F, Tower 6, KIC Corporate Avenue, 433 Songhu Road, Yangpu District, Shanghai, People’s Republic of China.

About ATRenew Inc.

Headquartered in Shanghai, ATRenew Inc. operates a leading technology-driven pre-owned consumer electronics transactions and services platform in China under the brand ATRenew. Since its inception in 2011, ATRenew has been on a mission to give a second life to all idle goods, addressing the environmental impact of pre-owned consumer electronics by facilitating recycling and trade-in services, and distributing the devices to prolong their lifecycle. ATRenew’s open platform integrates C2B, B2B, and B2C capabilities to empower its online and offline services. Through its end-to-end coverage of the entire value chain and its proprietary inspection, grading, and pricing technologies, ATRenew sets the standard for China’s pre-owned consumer electronics industry. ATRenew is a participant in the United Nations Global Compact, and adheres to its principles-based approach to responsible business.

Investor Relations Contact

In China:
ATRenew Inc.
Investor Relations
Email: ir@atrenew.com

MEXC Among Top 3 CEXs with $1.79B Monthly Inflows, Driven by Innovative Strategies

VICTORIA, Seychelles, April 11, 2025 /PRNewswire/ — MEXC has achieved a net inflow of $77.5 million over the past 7 days, positioning itself as one of the few major centralized exchanges (CEXs) to demonstrate positive momentum during a widespread market decline, according to DeFiLlama. The exchange’s total monthly net inflow reached $1.79 billion, a 12.4% rise from the previous month, highlighting its resilience and consistent growth amid cautious user behavior across the broader market.

MEXC Among Top 3 CEXs with $1.79B Monthly Inflows, Driven by Innovative Strategies
MEXC Among Top 3 CEXs with $1.79B Monthly Inflows, Driven by Innovative Strategies

DeFiLlama data also ranks MEXC among the top 3 exchanges for monthly inflows, with $84.25 million recorded in April alone and a total value locked (TVL) of $2.8 billion as of April 9, 2025. This performance reflects MEXC’s growing credibility and ability to attract liquidity despite ongoing market volatility.

Exchange

7-Day Net Inflow

30-Day Net Inflow

Binance

+$888 million

+$3.7 billion

Bybit

+$564.9 million

+$3.2 billion

MEXC

+$77.5 million

+$1.79 billion

Kucoin

−$40 million

−$893.5 million

HTX

+$402.1 million

+$464.9 million

Net Inflow Trends Across Major CEXs (Source: https://defillama.com/cexs

MEXC’s standout performance over the past month can be attributed to its strategic focus on trading initiatives and ecosystem development. The key drivers behind this success include the following:

  1. Strategic Initiatives: Through its “Zero Trading Fee” campaign, MEXC significantly boosted trading volume and user engagement.
  2. BNB Chain Ecosystem Focus: MEXC’s targeted approach to CZ/BNB-Chain concept tokens, coupled with high returns and trading volumes of popular tokens, further drove user fund inflows.
  3. Capturing High-Potential Tokens: As the first platform to list CZ/BNB-Chain concept tokens like MUBARAK, MEXC created opportunities for low-cost entry and high returns, drawing significant user capital.
  4. Launch of DEX+: The launch of DEX+, a hybrid centralized-decentralized trading platform, lowered the barriers to on-chain trading, enhancing MEXC’s appeal to users and boosting fund inflows.

 

1. Zero Trading Fee Strategy Significantly Boosts Trading Activity

During its March Zero Trading Fee campaign, MEXC introduced trading pairs such as SOL/USDT, HYPE/USDT, and S/USDT, resulting in a 17.8% month-over-month increase in the number of traders and a remarkable 170.2% surge in trading volume. Notably, SOL/USDT saw a 185.62% increase in trading volume, with its average daily trading volume accounting for 19.0% of MEXC’s total futures trading volume – a growth rate of 189.69%—making it the standout pair of the quarter. ADA/USDT recorded the highest growth, with a 369.44% increase in trading volume and a 393.05% rise in its share of MEXC’s daily futures trading volume. Additionally, DOGE/USDT and SUI/USDT saw trading volume increases of 82.87% and 70.84%, respectively.

0 Trading Fee strategy also significantly enhanced MEXC’s market share. Trading pairs such as AIXBT/USDT, DOGE/USDT, and SOL/USDT led market share growth with increases of 331%, 283%, and 209%, respectively. DOGE/USDT and SOL/USDT achieved market shares of 30.5% and 30.3%, respectively, ranking first among the same pairs on CoinMarketCap (CMC), while ADA/USDT secured the second spot with a 20.6% market share. These figures demonstrate that the 0 Trading Fee campaign effectively ignited user trading enthusiasm, driving substantial fund inflows to the platform.

2. Strategic Focus on BNB Chain Ecosystem Fuels Hot Token Trading

The BNB Chain ecosystem has emerged as a new hotspot for on-chain assets over the past month, and MEXC’s strategic focus on this ecosystem has paid off. In March, BNB Chain ecosystem tokens accounted for 50.8% of new token spot trading users, a 30.1% month-over-month increase, while their trading volume share soared to 56.6%, reflecting a 63.5% month-over-month growth. This made the BNB Chain ecosystem a core driver of March’s trading surge.

The top five BNB Chain ecosystem tokens delivered an average return of 3,760%, creating significant profit opportunities for users while fueling a trading frenzy. Star tokens like MUBARAK, BUBB, and TUT led the charge with gains of 10,900%, 4,168%, and 2,000%, respectively, contributing 17%, 4%, and 7% to new token trading volume. MUBARAKAH and BMT also performed strongly, contributing 4% and 3% to trading volume, respectively. The robust trading activity of BNB Chain ecosystem tokens further attracted user fund inflows, injecting fresh momentum into MEXC’s growth.

3. First-Mover Advantage in Token Launches Makes MEXC a Go-To Platform for Low-Cost Entry

MEXC demonstrated industry-leading prowess in launching CZ-concept tokens. On March 14, 2025, at 12:35:00 (UTC+8), MEXC became the first exchange to list MUBARAK, outpacing all other platforms. Within 24 hours of its launch, MUBARAK surged by 1,377.5%, reaching a peak price of $0.22—a staggering 10,900% increase from its listing price. By the close of March 18, MUBARAK’s average daily trading volume had grown by 197% compared to March 15–16, with the number of traders rising by 76% month-over-month, reflecting sustained user enthusiasm.

4. DEX+ Launch Enhances User Experience and Fund Attraction Through Innovation

In March, MEXC introduced DEX+, a hybrid centralized-decentralized trading platform that allows users to engage in decentralized trading without leaving the MEXC app or website, providing access to a wide range of on-chain assets. Currently, DEX+ supports over 15,000 tokens across the Solana and BNB Chain ecosystems, covering a broad spectrum of on-chain assets. This innovative model not only enhances trading convenience but also strengthens MEXC’s appeal to on-chain trading users, further driving fund inflows.

Conclusion
With $1.79 billion in fund inflows over the past month and a 63.9% fund inflow efficiency, MEXC has demonstrated its competitive strength among global cryptocurrency exchanges. Whether through its 0 Trading Fee campaign to boost trading activity, its strategic focus on the BNB Chain ecosystem, its first-mover advantage in launching high-potential tokens, or the innovative launch of DEX+, MEXC has leveraged innovation to drive rapid fund inflows. Looking ahead, as the crypto market continues to evolve, MEXC is well-positioned to attract more global users and solidify its market standing by further enhancing user experience and expanding its market presence.

About MEXC
Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 36 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.
MEXC Official Website X Telegram |How to Sign Up on MEXC

 

ASEAN Economic Ministers Say No to Retaliation in Response to US Tariffs

Ministries from the Association of Southeast Asian Nations (ASEAN) expressed “deep concern” over unilateral tariffs introduced by the United States. 

The statement, adopted during their virtual Special ASEAN Economic Ministers’ Meeting on 10 April, highlights potential disruptions to global trade. 

Virtual Special ASEAN Economic Ministers’ Meeting, Kuala Lumpur, 10 April 2025 (Photo: asean.org)

The ten ASEAN nations, unexpectedly hit hard by President Trump’s recent tariff announcement, are urging dialogue and cooperation rather than pursuing retaliatory measures.

“We express our common intention to engage in a frank and constructive dialogue with the U.S. to address trade-related concerns. Open communication and collaboration will be crucial to ensuring a balanced and sustainable relationship,” the statement read. “In that spirit, ASEAN commits to not impose any retaliatory measures in response to the U.S. tariffs.”

The statement also expressed support for the World Trade Organization (WTO) as the foundation of the global multilateral trading system and endorsed recent statements by WTO Director-General Ngozi Okonjo-Iweala regarding the potential impact of US tariffs on global trade and economic growth.

“We reaffirm our support for a predictable, transparent, free, fair, inclusive, sustainable, and rules-based multilateral trading system”, the statement added.

Secretary-General of ASEAN, H.E. Dr. Kao Kim Hourn (Photo: asean.org)

The ASEAN bloc, which represents the fifth largest economy globally, emphasized the importance of its economic relationship with the United States, noting that in 2024, the US was ASEAN’s largest source of foreign direct investment and second-largest trading partner. Conversely, ASEAN served as the fifth-largest trading partner for the United States last year.

The reciprocal tariffs took effect on 9 April but were suspended hours later for a period of 90 days for most countries. In six out of ten Southeast Asian nations, including Cambodia, Laos, Vietnam, Myanmar, Thailand, and Indonesia, tariffs range from 32 percent to 49 percent. 

However, while the US suspended some tariffs, the overall policy has created significant uncertainty for businesses, particularly micro, small, and medium enterprises (MSMEs), the regional leaders said in the recent online meeting. 

Looking forward, ASEAN ministers pledged to strengthen regional economic integration through initiatives such as the Upgrade of the ASEAN Trade-In-Goods Agreement (ATIGA) and the ASEAN Digital Economy Framework Agreement (DEFA). Moreover, committed to enhancing economic cooperation.

“We will also strengthen and expand our economic links with ASEAN’s external partners, including our Dialogue Partners, and seek out opportunities for economic cooperation with new partners,” the statement added. 

The ministers concluded by emphasizing their commitment to working “with greater unity and solidarity” to overcome the challenges posed by the current global trade situation while minimizing the impact on their populations and maintaining sustainable growth.