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Savoring the Unseen: The Everyday Heroism of Mothers

To Laud Mom Is to Laud Life

NEW YORK, May 9, 2025 /PRNewswire/ — This Mother’s Day, Laudlife warmly invites families across America to honor the enduring love and care of mothers through its heartfelt campaign, “Laud Mom.” As Laudlife’s inaugural Mother’s Day initiative, this campaign marks our first formal introduction to the public, celebrating the comfort of home-cooked meals and the bonds they foster. Embracing the theme “To Laud Mom Is to Laud Life,” the campaign pays tribute to the countless moments—both big and small—that mothers create to nurture and unite their families.

In many households, mothers are the heart of the home, often going to great lengths to ensure that meals are warm and ready, even amidst the hustle and bustle of daily life. Whether it’s waiting up late to serve a hot dinner to a child returning from a late shift or preparing a family feast that brings everyone together, these acts of love are the silent threads that weave the fabric of cherished family memories.

Since becoming an official U.S. holiday in 1914, Mother’s Day has always honored the small, heartfelt gestures that bind families—from Anna Jarvis’s first carnations to leisurely Sunday dinners. It was this very spirit of care and connection—honoring those unhurried moments around the family table—that inspired Dr. Kevin Li, Laudlife founder and a materials scientist from Silicon Valley, who believes that the greatest inventions are those that bring people closer. Driven by his motto, “Use products to transmit life’s warmth,” Dr. Li and his team have crafted a warming tray that combines elegant design with precise temperature control—turning an everyday appliance into a gesture of empathy. More than a tool, it’s a gesture of care—because when meals stay warm, conversations flow, and love deepens in every unhurried moment.

“Real innovation,” says Dr. Li, “is about using technology not as a cold tool, but as a way to share warmth. When a family gathers around dinner, the last thing anyone should worry about is reheating. It’s about giving moms more of what matters: moments to laugh, to connect, and to savor life together.”

“We believe that honoring mothers goes beyond grand gestures,” said Sharon, Dr. Li’s partner and CEO at Laudlife. “It’s about recognizing and appreciating the daily acts of love and care that often go unnoticed. Through the ‘Laud Mom’ campaign, we aim to shine a light on these moments and encourage families to acknowledge and celebrate them.”

Campaign Highlights

Social Giveaway (#LaudMom): From May 8–12, families are invited to follow @Laudlife, share with a Mother’s Day memory or simply “To Laud Mom Is to Laud Life,” for a chance to win warming trays.

Family Stories: Laudlife will feature authentic user testimonials, like one from Amazon reviewer Sarah in Ohio, who shared, “Our holiday gatherings have never been the same. Every dish stayed warm—and so did our conversations.”

Influencer Collaborations: Partnerships with mom and lifestyle creators will spotlight tabletop scenes and quick tips for stress-free hosting, aligning with best practices in emotional storytelling for deeper audience trust.

In homes everywhere, moms quietly weave love into daily routines—staying up to serve a hot meal, preparing festive dishes that bring everyone together, or simply keeping the soup simmering while they catch a breath. These simple acts form the fabric of our fondest memories, and this Mother’s Day, Laudlife’s innovative warming tray is designed to let moms rest easy, knowing their family’s meals stay perfectly warm without reheating.

“When my daughter’s bus is late, I used to rush back to the microwave,” shares Chicago mom Marisol. “With the warming tray, I can greet her at the door with dinner still piping hot—and the relief on her face makes it all worth it.”

These personal narratives underscore Laudlife’s commitment to enhancing everyday family moments through thoughtful design.

This Mother’s Day, let’s celebrate the warmth moms bring to our lives—and give them back a little of that care.

Let moms enjoy Mother’s Day, say goodbye to the “Reheating Roulette” and keep Mom’s love—and her meals—warm all day long. Discover the product here: https://www.amazon.com/dp/B0C9TCNSKW 

Mom’s Love, Always Warm — Laudlife

About Laudlife

Laudlife crafts kitchen innovations that blend cutting-edge technology with genuine human warmth. Guided by values of Customer First, Quality-Driven, Collaborative Growth, and Agile Innovation, our mission is simple: to make every home a little cozier, one meal at a time.

Follow us: @laudlife.official

Xsolla Launches Buy Button for Mobile Games to Help Developers Take Back Control of Their Revenue

New Court Ruling Enables Use of External Payment Links: Launch in Days, Keep More of What You Earn


LOS ANGELES, USA – Media OutReach Newswire – 9 May 2025 – Xsolla, a global leader in video game commerce, today announced the launch of the Xsolla Buy Button for Mobile Games, a direct-to-consumer payment solution designed to help mobile developers keep more of what they earn by saving on traditional platform fees. This release follows a significant U.S. court ruling on April 30, 2025, prohibiting Apple from blocking external payment links or charging commissions on third-party U.S. storefronts, giving developers new opportunities to connect with players and grow revenue.

Xsolla Buy Button
Xsolla Buy Button

With the Buy Button for Mobile Games, game developers can embed direct payment links inside their games, leading to a browser-based checkout powered by Xsolla Web Shop and Xsolla Pay Station. This checkout supports the sale of virtual items, currencies, and bundles, delivering a seamless player experience while avoiding up to 30% in platform fees.

Developers can now create a quick-to-create external link within their video game experience on an iOS mobile device. When a player taps the link, it opens up a streamlined browser-based checkout delivering a secure, pre-authenticated, frictionless purchase experience, allowing users to purchase their favorite game in fewer clicks. In addition, mobile game developers can also gain access to catalog synchronization, loyalty tools, personalized offers, and integration options required to manage the offers provided in the external link with little to no custom development.

Key Benefits of the Xsolla Buy Button:

  • Zero Platform Commission: Reclaim up to 30% of your revenue by saving on platform fees, minus standard payment processing costs.
  • Implementation: Under the April 2025 U.S. court ruling, developers can connect external payment links in-app without platform interference.
  • Frictionless One-Tap Purchase Flow: Players can purchase specific items directly from in-game offers using autofill and one-tap methods, delivering a seamless checkout experience native to the game.
    Simplified Tax and Compliance: Xsolla is the Merchant of Record, handling global tax calculation, collection, and remittance. Third-party tax solutions are unnecessary.
  • Loyalty and Player Rewards: Boost retention and engagement with loyalty programs and personalized reward options tied to player behavior within the game experience, whether in-app or online. This feature also enables issuing prepaid gift cards and parental control integration for all purchases.
  • LiveOps Sync: Align web-based promotions with in-game events, seasonal content, and player-achieved milestones to maximize the relevancy and impact of the offers provided to players.
  • Parental Control and Gift Cards: Built-in parental control and gift cards are available worldwide.
  • Multi-Channel Commerce: Extend monetization beyond the app to the web, Discord, Telegram, and other community channels where players engage.

“This court decision is a turning point for mobile game developers in the US and around the world. The Buy Button is available today through the Xsolla Web Shop,” stated Chris Hewish, Chief Strategy Officer at Xsolla. “Developers can register through the Xsolla Publisher account, use the Instant Web Shop template, and generate links in minutes without requiring custom coding. This rollout reinforces Xsolla’s commitment to building flexible, global commerce tools empowering developers to succeed and scale their business across multiple platforms.”

This offering is a game changer by giving mobile game developers control of their monetization, the ability to build closer relationships with their players, and the confidence to grow their business with long-term sustainability without previously imposed constraints.

Web Shop Integration Guide: xsolla.pro/webshop-integration

Buy Button for Mobile Games Integration Guide: xsolla.pro/buybutton

Mobile SDK Integration Guide: xsolla.pro/mobile-sdk-guide

View Video: youtu.be/Aj6gtHw5BFQ
Hashtag: #Xsolla

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

Xsolla

Xsolla is a leading global video game commerce company with a robust and powerful set of tools and services designed specifically for the industry. Since its founding in 2005, Xsolla has helped thousands of game developers and publishers of all sizes fund, market, launch, and monetize their games globally and across multiple platforms. As an innovative leader in game commerce, Xsolla’s mission is to solve the inherent complexities of global distribution, marketing, and monetization to help our partners reach more geographies, generate more revenue, and create relationships with gamers worldwide. Headquartered and incorporated in Los Angeles, California, with offices in London, Berlin, Seoul, Beijing, Kuala Lumpur, Raleigh, Tokyo, Montreal, and cities around the world.

Bybit Unifies Loan Products to Enhance Capital Efficiency for Crypto Traders

DUBAI, UAE, May 9, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is enhancing the user experience and capital efficiency of its lending products by integrating Crypto Loans (flexible loans) and Fixed Rate Loans into a single, streamlined interface.

The integration introduces a unified platform for both loan types, enabling users to compare, manage, and optimize their borrowing strategies with greater ease. All loan products are now accessible under the Crypto Loans page, with a redesigned layout that prioritizes usability and transparency.

“Our goal is to simplify how users interact with our lending products while enhancing their capital flexibility,” said Emily Bao, Head of Spot at Bybit. “By consolidating management tools and aligning risk models, we’re giving our users more control and clarity over their borrowing activity.”

Key upgrades include:

  • Unified Cross Margin Model: Both flexible and fixed-term loans will now operate under a shared cross-margin system, allowing users to benefit from consolidated Loan-to-Value (LTV) ratios — set at 80% (initial), 85% (margin call), and 92% (liquidation).
  • Shared Collateral: Collateral can now be used interchangeably across both loan types, enabling more agile capital deployment.
  • Tiered Collateral Ratios: All supported assets will follow a tiered collateral system, reflecting each asset’s risk profile — consistent with the structure previously applied to Fixed Rate Loans.
  • Updated Interest Calculation: Interest will be calculated hourly using a compounding method: total debt (principal + accrued interest) multiplied by the hourly interest rate.

Existing loan orders will remain unaffected, continuing under their original terms and conditions. For users seeking further information, detailed guides on both Fixed Rate Loans and Crypto Loans are available via the Bybit Help Center.

This strategic move reaffirms Bybit’s commitment to innovation and user empowerment in the evolving digital asset economy.

Bybit Unifies Loan Products to Enhance Capital Efficiency for Crypto Traders
Bybit Unifies Loan Products to Enhance Capital Efficiency for Crypto Traders

#Bybit / #TheCryptoArk

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 60 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

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

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CCTV4:”My China Story” Global Premiere

BEIJING, May 9, 2025 /PRNewswire/ — “My China Story”, a documentary series focusing on four remarkable Russians who have spent many years living and working in China, has had its global premiere on leading media platforms in Russia.

Produced by the Chinese Global Program Center under China Media Group, the four-part series is a moving narrative of friendship between people from different backgrounds. Through the firsthand experiences of the four protagonists, “My China Story” also explores areas of cooperation and shared opportunities between China and Russia, while offering a unique perspective on the success of China’s modernization.

“My China Story” is featuring in a season of high-quality documentaries from China Media Group that are being broadcast on platforms including the All-Russia State Television and Radio Broadcasting Company (VGTRK), the official website of Rossiyskaya Gazeta, Russia’s Greater Asia TV, Russia’s BRICS TV, and the VK video platform. The season will last until September.  

This year, CMG’s Chinese Global Program Center is rolling out a series of high-quality programs to mark major upcoming international events. They include a special series of reports, “Returning After Study”, focusing on the China-Central Asia Summit, the documentary “Homeland”, co-produced with five Central Asian countries, the multimedia project “Brazilian Journalists’ Perspective on China”, coinciding with the BRICS Summit, and the integrated media event “SCO Youth: A Shared Dream”, which will premiere around the time of the Shanghai Cooperation Organization Summit.

My China Story Global Premiere
My China Story Global Premiere

 

ICAC Commissioner concludes mission to three ASEAN member countries with fruitful results

HONG KONG, May 9, 2025 /PRNewswire/ — ICAC Commissioner Mr Woo Ying-ming concluded a seven-day duty visit to three member states of the Association of Southeast Asian Nations (ASEAN), i.e., Brunei Darussalam, Singapore and Indonesia in early May. The trip further strengthened diverse anti-corruption collaboration between Hong Kong and ASEAN countries which would contribute to the integrity development in Hong Kong and Southeast Asia as well as enhance the anti-corruption capabilities across the Asia-Pacific region in a long run.


ICAC Commissioner concludes mission to three ASEAN member countries with fruitful results

Mr Woo, also serving as President of the International Association of Anti-Corruption Authorities (IAACA), commenced the duty visit in Brunei Darussalam and held a bilateral meeting with Datin Paduka Hajah Anifa Rafiza binti Haji Abdul Ghani, Director of the Anti-Corruption Bureau of Brunei Darussalam (ACB) and IAACA Executive Committee member, to exchange insights on anti-graft efforts in both regions. Earlier in January, the ICAC co-hosted a training programme with ACB to share experience in engaging young people in anti-corruption work, which was well received. This bilateral meeting further established collaboration in officers’ training and other initiatives, including the participation of ACB officials in a webinar on forensic accounting to be co-hosted by ICAC and IAACA in June.

“The meeting not only fortified the partnership between the two organisations, but also demonstrated and affirmed the outstanding achievements of IAACA’s efforts to foster international graft fighting cooperation.” Mr Woo said.

After Brunei Darussalam, the ICAC delegation flew to Singapore where Mr Woo met with Mr Sam Tee, Director of Singapore’s Corrupt Practices Investigation Bureau (CPIB). During the meeting, the delegation and CPIB established multifaceted collaborations, including mutual attachment of officers of ICAC and CPIB for exchanging practical experience and enhancing anti-corruption capabilities.

The delegation also met with the Commissioner of the Singapore Police Force (SPF) Mr Hoong Wee-teck to share views on law enforcement practices. The delegation also visited the Home Team School of Criminal Investigation, the SPF’s dedicated training unit, to learn about the latest application of technology and investigation skills.

“Hong Kong and Singapore are both Asia’s leading financial centres. As cross-boundary corruption crime has become increasingly sophisticated, timely exchanges on anti-corruption enforcement work between both places are particularly important for effectively maintaining economic stability and a clean investment environment in the region.” Mr Woo said.

The delegation then travelled to Indonesia where they met with Mr Setyo Budiyanto, Chairman of the Corruption Eradication Commission of Indonesia (KPK). The KPK had signed a Memorandum of Understanding with the ICAC in September last year, establishing a framework for anti-corruption collaboration. KPK is also the incumbent rotating Chair of the ASEAN Parties Against Corruption. At the meeting, Mr Woo proposed to strengthen collaboration on law enforcement and preventive education.

During the duty visit, the delegation also invited the three ASEAN countries to join a regional training programme in Thailand on engaging youth in anti-corruption work, which will be held jointly by the ICAC, the United Nations Office on Drugs and Crime (UNODC), IAACA, and the National Anti-Corruption Commission of Thailand in July this year.

The ICAC also took the opportunity to successfully invite the three ASEAN countries to join the “Coding4Integrity” Asian Youth Anti-Corruption Hackathon to be held in Hong Kong this September. The Hackathon, jointly hosted by the ICAC, IAACA and UNODC, aims to assemble outstanding youngsters from various countries to participate in Asia’s first-ever large-scale anti-corruption coding competition, and to enhance youngsters’ integrity awareness and their engagement in anti-graft work.

Summarizing the duty trip, Mr Woo said the delegation had managed to visit four law enforcement agencies in the three countries within a short period of time with significant outcomes. Amid the current complex geopolitical situation, fostering practical anti-corruption collaborations with ASEAN members remains the Commission’s top priority for strengthening international partnership.

During the trip, the delegation also met with the Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to ASEAN Ms Hou Yanqi; the Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to Brunei Darussalam Mr Xiao Jianguo; the Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to Singapore Mr Cao Zhongming; and the Ambassador Extraordinary and Plenipotentiary of the People’s Republic of China to Indonesia Mr Wang Lutong respectively, to learn about local social developments, as well as the cooperation between China and ASEAN member countries.

Huawei Digital Power’s Innovative All-Scenario Grid-Forming Solutions Light Up Intersolar Europe

MUNICH, May 9, 2025 /PRNewswire/ — Intersolar Europe 2025 is being held in Munich from May 7 to 9. Huawei Digital Power is showcasing its all-scenario grid-forming Smart PV+ESS products and solutions. These cutting-edge technologies and successful business applications help accelerate the construction of new power systems and drive the global renewable energy industry toward high-quality development.


Carbon neutrality and energy transition are now global missions. This calls for the construction of new power systems so that more renewable energy can be consumed and more power electronics equipment used throughout power generation, transmission, distribution, and consumption. The new power systems integrate energy flows with information flows. Energy flows managed by information flows — known as “bit manages watt” — enable flexible dispatch, safety, reliability, and stable grid-forming control, making it essential.


In utility-scale scenarios, Huawei’s utility Smart String Grid Forming ESS offers all-scenario grid forming, cell-to-grid safety, full-lifecycle optimal investment, and full-link digitalization. It has grid-forming capabilities for all scenarios, all grid conditions, and the full lifecycle of power generation, transmission, distribution, and consumption. This means that Huawei’s Smart String Grid Forming ESS can ensure stable grid forming at full ranges of state of charge (SOC) and short circuit ratio (SCR) and at any time. It is also future-proof, supporting continuous technological evolution.

  • On the generation side, the solution can be adapted to any grid and power can be stably transmitted. The voltage, frequency, and power angle control functions and application effects are equivalent to those of synchronous condensers. The grid-forming ESS solution features simple maintenance and lower lifecycle investment.
  • On the transmission and distribution side, the solution stabilizes voltage and frequency, supports black start, and mitigates weak power supply in load centers. As the electric power market is expanding from energy and capacity markets to ancillary service markets such as reactive power and inertia services, Huawei’s Smart String Grid-Forming ESS continues evolving to meet customers’ demands. It offers one platform that is adaptable to diverse business models and supports flexible evolution.
  • On the consumption side, seamless on/off-grid switching and stable off-grid operation enable microgrids that are 100% powered by renewables.

Hierarchical control is vital for a microgrid system to achieve the optimal balance between economy and stability. Huawei’s microgrid control system carefully considers time-based control and function implementation and is divided into three layers: stable grid-forming control, efficient coordinated control, and intelligent optimized dispatching. It provides strong technical support for the low-carbon and efficient energy transition of industries such as mining.


Designed to enable sustainable operations in the commercial and industrial (C&I) scenario, Huawei’s 215 kWh Smart Hybrid Cooling ESS features proactive safety, premium quality, and higher profitability.

  • Proactive safety: Huawei proposes the concept of “Cell-to-Consumption (C2C) Dual-link Safety Architecture,” which refers to electrical and thermal link safety across cell, pack, system, and consumption. The ESS is certified by UL 9540A, VDE-AR-E 2510, and CE standards, and is the world’s first product to obtain the L3 highest safety certification (Prime safety) by TÜV Rheinland.
  • Premium quality: The ESS runs stably in extreme conditions, with no power derating at 50°C* or at an altitude of 4000 m*.
  • Higher profitability: The unique pack-level optimization has been upgraded to version 2.0, achieving 91.3%* round-trip efficiency (RTE) and 100% depth of discharge (DOD) for more usable energy throughout the lifecycle.

* For details, see the product brochure.


The newly released Home Energy Management Solution 6.0 covers green power generation and intelligent energy consumption, leading the way in green home energy. This solution includes a full range of new products, such as the residential ESS LUNA S1-7kWh. The ESS has an industry-leading long-period warranty, over 40% more usable energy than the industry average, and on-demand capacity expansion to up to 252 kWh. It can also be used in a wide range of small-sized C&I and residential scenarios. In Huawei’s residential exhibition area, visitors can experience a demonstration of the product’s reliability and high-quality under extreme conditions, including 40 cm water immersion, 5-ton pressure, wind and sand resistance, and extreme cold.

Energy transition is not only technological innovation, but also a global effort to achieve sustainable development. Huawei Digital Power will continue innovating technologies, integrate “4T” technologies (bit, watt, heat, and battery), and work with global customers and partners to accelerate the construction of new power systems through all-scenario grid-forming solutions.

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Newborn Town’s Price Target Hits HK$11, Fueled by Growth in the Global Emotional Value Market

HONG KONG, May 9, 2025 /PRNewswire/ — CITIC Securities’ research department has recently released its inaugural investment value analysis report on Newborn Town (09911.HK), initiating coverage with a “buy” rating and a target price of HK$11. The report underscores Newborn Town’s leading position in the global social entertainment industry.

The report highlights Newborn Town’s extensive operational experience overseas, particularly in the MENA region, and its successful strategy of replicating its product operations and market expansion experiences. The company’s app portfolio is now entering a “harvesting phase,” with promising growth potential ahead.

App Portfolio Fuels Robust Growth, with Replication Strategy Enhancing Competitive Edge

CITIC Securities noted that Newborn Town, a global leader in social entertainment, has achieved robust growth in recent years. ” Leveraging extensive experience in international markets, the company has effectively implemented its ‘replication’ strategy and efficiently executed its ‘app portfolio’ tactic. As a typical product-driven company, Newborn Town is now entering its ‘harvesting phase, ” the report states.

The research report emphasizes that Newborn Town has a clear and synergistic business structure spanning three key segments..

Leveraging its middle platform system, a high proportion of local employees, the growth path combining investment and R&D efforts, and the rapid iteration of AI technology, Newborn Town is able to implement its ‘replication’ strategy swiftly. This enables the company’s new products to accurately meet market demands, quickly establish a presence, and capture the first-mover advantage in the social networking markets at a relatively low cost.

According to the report, Newborn Town’s pan-audience social business has developed a healthy product hierarchy. The company currently boasts four flagship products. Its established products, MICO and YoHo contribute stable cash flow, while newer offerings, TopTop and SUGO delivered explosive growth in 2024, with revenues increasing by over 100% and 200% year-on-year respectively.

CITIC Securities forecasts that, in the short term, TopTop and SUGO are expected to achieve around 50% year-on-year revenue growth in 2025. The company is well-positioned to develop blockbuster products in the medium to long term, leveraging its proven replicability to sustain its business growth.

Newborn Town’s diverse-audience social business is rapidly expanding in global markets. According to Frost & Sullivan, the global LGBTQ+ population is projected to reach 660 million by 2026, characterized by high income, significant consumption power, and a strong demand for online social interaction. With a high barrier to entry, Newborn Town has secured a significant first-mover advantage by establishing a large and engaged user base.

CITIC Securities believes that the company’s LGBTQ+ social platform, HeeSay shows significant growth potential. With its expansion into markets such as Southeast Asia, Japan, and South Korea, coupled with its live streaming feature, HeeSay is expected to achieve even greater market penetration. CITIC Securities projects a compound annual growth rate (CAGR) of approximately 25% in revenue from 2025 to 2027.

As Newborn Town’s social business continues to strengthen, the company has successfully developed a second growth curve by expanding into innovative areas such as mobile gaming and social e-commerce. CITIC Securities believes that by strategically targeting the casual gaming sector—an untapped market with significant potential—and leveraging its innovative product designs and flexible operational strategies, Newborn Town’s merge game Alice’s Dream: Merge Games has outperformed expectations and is now generating revenue for the listed company.

Looking ahead, CITIC Securities projects that, with the accumulation of successful experience, Newborn Town will be able to launch new quality games with shorter recovery cycles, thereby creating another growth curve for the company.

CITIC Securities also pointed out the impressive performance of Newborn Town’s social e-commerce business. “There’s a growing demand for online purchases of HIV medications and sexual wellness products in China. Heer Health, an e-commerce platform focused on the ‘Internet + AIDS prevention’ scenario, has become the leading online distributor of certain HIV medications, with roughly 50% of the domestic market share. The platform drives growth through its large user base, extensive distribution channels, and rapid delivery capabilities.”

Target Price Raised to HK$11, Driven by Strong Growth Potential in the Global Emotional Value Sector

CITIC Securities sees substantial room for growth in the global social media market. According to Grand View Research, the global social networking market is projected to reach US$310.37 billion by 2030. Notably, regions such as the Middle East and Southeast Asia are recognized as high-potential markets, with low penetration rates yet strong user engagement, making them key areas for future growth.

The research report highlights that, driven by the growth of industries like oil, countries in the MENA region enjoy high per capita GDP. However, factors such as the natural environment, religious customs, and cultural norms limit offline social entertainment options, creating a significant demand for online alternatives.

With a user base that enjoys both wealth and leisure time, the market for social applications in the MENA region presents substantial growth potential. According to Verified Market Research, the Middle East media and entertainment market is projected to reach US$82 billion by 2032. Meanwhile, Southeast Asia, with its youthful, internet-savvy population and fast-improving digital infrastructure, is expected to see the GMV of digital entertainment reach US$3.4 billion by 2025.

CITIC Securities observes that Newborn Town is strategically targeting the social networking segment for strangers, a space currently lacking dominant competitors. As Generation Z becomes the dominant user group, the demand for personalized social networking experiences continues to rise, blurring the lines between social networking and entertainment.

Consequently, social products that cater to individual user preferences are likely to see higher user retention. Newborn Town has already established flagship products in live streaming, gaming, and voice chat, and is anticipated to expand further into other sub-segments in the future.

The research report highlights Newborn Town’s strong financial performance, characterized by sustained growth and robust cash flow. From 2020 to 2024, the company’s revenue increased from RMB1.18 billion to RMB 5.09 billion, representing a CAGR of 44.1%.

At the same time, the company’s profitability has significantly improved, with gross margins for its social business continuing to rise. Operating cash flow remains healthy, and the company’s cash reserves are substantial, ensuring ample resources for future expansion.

CITIC Securities has highlighted Newborn Town’s promising long-term growth, forecasting net profits of RMB 949 million, RMB1.215 billion, and RMB 1.519 billion for 2025-2027. The current price corresponds to price-to-earnings (PE) ratios of 11x, 8x, and 7x, respectively. By using both comparable valuation and discounted cash flow (DCF) methods, CITIC Securities has set a target price of HK$11 per share.

Looking ahead, with continued advancements in AI technology, expansion into emerging markets, and the growing momentum of the emotional value sector, Newborn Town well-positioned to reinforce its leadership in the global social entertainment industry. For long-term investors, the current valuation presents an attractive opportunity.

ORIGINAL MODELS FROM THOMAS & FRIENDS TO BE SOLD IN CHARITY AUCTION THIS MONTH

OVER 200 ICONIC LOTS FROM THE CLASSIC SERIES TO BE AUCTIONED ONLINE BETWEEN MAY 12 to 28, 2025, WITH PROCEEDS BENEFITTING THE NATIONAL AUTISTIC SOCIETY.

LOS ANGELES, May 9, 2025 /PRNewswire/ — In celebration of the 80th anniversary of Thomas & Friends, leading entertainment memorabilia auctioneer Propstore, in partnership with Mattel, is proud to launch a special online charity auction featuring over 200 original models, props, and production pieces from the classic Thomas & Friends television series (1984–2008).

This one-of-a-kind sale offers fans and collectors the rare opportunity to own authentic pieces from the Island of Sodor. Mattel UK will pay all NET* proceeds of all sums collected under the auction to the National Autistic Society, the UK’s leading charity that provides support, guidance, and advice for autistic people and their families.

The auction opens for registration on Friday, May 9, 2025, with bidding live online from May 12 – 28, 2025 via propstore.com.

These lots are among the top Thomas & Friends highlights:

  • Large Thomas Model – Used in Series 1 and 11, plus The Great Discovery promotional images.
  • Hank the American Engine – One of two identical models built for the last live-action series.
  • Arthur the Big Tank Engine – Includes nine interchangeable faces and original CGI tracker.
  • Elizabeth the Lorry – Used in Rusty Saves the Day, designed to interact with narrow-gauge engines.
  • Byron the Bulldozer – Complete with original remote control, faces, and driver components.
  • Fergus the Traction Engine – Features 10 faces, including one from a deleted scene.
  • Topham Hall – Home of Sir Topham Hatt, featured in Edward the Great and The Great Discovery.
  • Sir Topham Hatt – In charge of organising the North Western Railway, this model was seen in a Series 10 episode.
  • Lady Hatt – The wife of Sir Topham Hatt and also seen a Series 10 episode.

Also included in the auction are one-of-a-kind pieces signed by iconic British actors who have voiced Thomas & Friends characters throughout the years, including Olivia Colman, Eddie Redmayne, and Hugh Bonneville.

This auction is part of Mattel’s wider Thomas & Friends 80th anniversary celebration, which also includes the release of a never-before-seen 1983 pilot episode voiced by Ringo Starr. Plus, a brand-new Thomas & Friends Storytime podcast series, featuring special guests such as the family of Thomas the Tank Engine creator, Wibert Vere Awdry.     

Stephen Lane, CEO of Propstore, commented: “Thomas & Friends is part of the fabric of British television history. Propstore is honoured to handle these original production models in a charity sale that not only celebrates the 80th anniversary of this iconic franchise but also benefits the incredible work of the National Autistic Society.”

Peter Watt, Director of National Programmes at the National Autistic Society, said: “We know that Thomas & Friends is a favourite among many autistic children. We are proud of our partnership with Mattel and the Thomas & Friends brand, and want to say a big thank you for their ongoing support.

“Since 2011, our work together has been encouraging autism understanding and acceptance, and thanks to Bruno The Brake Car, the first ever autistic character on Thomas & Friends, we continue to celebrate autistic representation on our TV screens in Thomas’ 80th Anniversary year.

“Events, like this very special auction, raise funds for the vital work we do and help towards our aim of creating a society that works for autistic people. Without the support of companies like Mattel, we couldn’t do what we do. Thank you and Happy Birthday, Thomas!”

*Mattel UK will pay all NET (approx. 70%) proceeds of all sums collected under the auction to The National Autistic Society

Notes to Editors:

For further information, images and interviews please contact:
Bethany Willetts | bwilletts@blazepr.com 

Dropbox link to images (please copy and paste URL):
https://www.dropbox.com/scl/fo/n9hk5jg4xqq2t5z31t41g/AOD9-x4_x9pp1efvJbNZrjc?rlkey=b02od045mxy3gqlcjxu7673ad&dl=0
 

Please credit: Propstore and Mattel

Registration is now open at: https://propstoreauction.com/auctions/info/id/442 

About Propstore 

In 1998, Propstore founder Stephen Lane’s love for movies led him to hunt for the same props and costumes used to create his favorite films. He found that he could provide collectors with access to their most coveted pieces and establish archival standards for this new, pop-culture hybrid of fine art and memorabilia collecting—prop art.

Since 2014, Propstore has regularly hosted live auctions featuring some of the world’s greatest Entertainment Memorabilia treasures. Propstore specializes in film and television props and costumes, production materials, and artwork, as well as music memorabilia, posters, and collectible toys. Propstore also holds regular online auctions in association with many of the industry’s major production materials and has over 5,000 items available for sale via Buy Now on www.propstore.com.

Following our 2020 Queen’s Award for Enterprise in International Trade, Propstore was thrilled to receive the honor again in 2024, this time as the prestigious King’s Award for Enterprise. Widely regarded as the highest accolade for business success in the UK, the King’s Award for Enterprise recognizes British companies that have excelled in innovation, international trade, sustainable development, and promoting opportunity through social mobility.

Social Media:

Facebook: @PropStore
Twitter: @propstore_com   
Instagram/ Threads: prop_store   
YouTube: thepropstore
TikTok: @.propstore

About Mattel
Mattel is a leading global toy and family entertainment company and owner of one of the most iconic brand portfolios in the world. We engage consumers and fans through our franchise brands, including Barbie®, Hot Wheels®, Fisher-Price®, American Girl®, Thomas & Friends, UNO®, Masters of the Universe®, Matchbox®, Monster High®, MEGA® and Polly Pocket®, as well as other popular properties that we own or license in partnership with global entertainment companies. Our offerings include toys, content, consumer products, digital and live experiences. Our products are sold in collaboration with the world’s leading retail and ecommerce companies. Since its founding in 1945, Mattel is proud to be a trusted partner in empowering generations to explore the wonder of childhood and reach their full potential. Visit us at mattel.com

About the National Autistic Society: 

  • The National Autistic Society is the UK’s leading charity for autistic people.
  • We are here to transform lives, change attitudes and create a society that works for autistic people.
  • Since 1962, we have been campaigning for autistic people’s rights and providing support and advice to autistic people and their families.
  • To find out more about the charity and autism, visit www.autism.org.uk
  • Follow the National Autistic Society’s social media accounts on Facebook, Instagram, Threads, X, LinkedIn and YouTube.

About Autism 

  • Autism is a lifelong neurodivergence and disability which influences how people experience and interact with the world.
  • More than one in 100 people are autistic which means there are at least 700,000 autistic adults and children in the UK.
  • People of all ages, genders and ethnicities can be autistic. But people from marginalised groups can face more barriers to getting a diagnosis.
  • Autistic people are different from each other. They have a unique combination of characteristics with different sets of strengths and challenges.
  • Autistic people may:
    • feel things and react to them differently to non-autistic people
    • be much more or less sensitive to the five main senses: sight, sound, touch, taste and smell, and senses for balance, movement, spatial awareness and awareness of internal states
    • find socialising confusing or tiring or become overwhelmed in loud or busy places
    • have different communication styles, skills and preferences to non-autistic people
    • have intense interests
    • prefer order and routine
    • use repeated movements or actions to calm themselves or express joy
    • mask their discomfort to fit in, which can lead to mental illness.
  • Read our guidance on how to talk and write about autism.

 

Large Thomas Model - Used in Series 1 and 11.
Large Thomas Model – Used in Series 1 and 11.