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Promoting Local Industry: 3M and PT Pipa Mas Putih Collaborate in Indonesia

JAKARTA, Indonesia, Oct. 13, 2025 /PRNewswire/ — Amid the challenges of aging wells in Southeast Asia – particularly in depleting reservoirs and marginal reserves – the oil and gas industry faces serious issues such as declining productivity, erosion of sand screens, and increased operational and capital expenditure due to well repairs and design complexities. These conditions demand innovative, robust, efficient, and locally accessible technological solutions to support the enhancement and sustainability of oil and gas production.

In response to these challenges, 3M has partnered with PT Pipa Mas Putih to produce 3M™ Ceramic Sand Screens in Indonesia. This technology offers high resistance Sand Screen to abrasion and erosion, designed to tackle high-pressure wells and excessive sand production. Through the combination of 3M’s global expertise and PT Pipa Mas Putih’s local manufacturing capacity, this collaboration provides tangible added value in the form of faster delivery times, increased operational efficiency, and more reliable and durable screen performance.

In field implementation, 3M and PT Pipa Mas Putih are collaborating with Pertamina Hulu Mahakam to enhance productivity from marginal assets in Kalimantan. This innovation and strategic partnership has received international recognition through a nomination for the Oilfield Well Intervention (OWI) Global Awards 2025, with accolades for Best Example of Collaboration, Best Example of Downhole Innovation, and Best Example of Value Delivery in Aberdeen, UK.

The collaboration between 3M, Pertamina Hulu Mahakam, and PT Pipa Mas Putih demonstrates that synergy prioritizing global technology, national capability, and local innovation spirit can drive increased hydrocarbon production productivity, strengthen Indonesia’s energy industry independence, and contribute to regional energy resilience.

To see the 3M™ Ceramic Sand Screens firsthand, attend the Asia Pacific Oil & Gas Experts event from 14–16 October 2025 at Sheraton Gandaria City to join expert discussions on driving hydrocarbon production enhancements and strengthening energy infrastructure in Southeast Asia.

Contact 3M via the following link: https://bit.ly/3MAPOGCE to register your attendance at the Asia Pacific Oil & Gas Experts (SPE/IATMI APOGCE 2025).

About 3M 
3M (NYSE: MMM) is focused on transforming industries around the world by applying science and creating innovative, customer-focused solutions. Our multi-disciplinary team is working to solve tough customer problems by leveraging diverse technology platforms, differentiated capabilities, global footprint, and operational excellence. Discover how 3M is shaping the future at 3M.com/news.

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Bybit x Block Scholes Report: Derivatives Show Fragility Despite BTC and Gold Strength

DUBAI, UAE, Oct. 13, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, has released its latest Bybit x Block Scholes Crypto Derivatives Analytics Report in collaboration with Block Scholes. The latest edition reveals that, despite Bitcoin and gold pushing to new highs, derivatives indicators point to lingering caution beneath the surface.

Key Highlights

  • Bitcoin reaches $125K while perpetual open interest lags below September levels.
  • ETH reversal sparks bearish options skew of −3.3%.
  • Volatility edges higher but remains historically muted.
  • Decentralized perpetuals surpass $1T in monthly volume in September 2025, led by Aster.

Perpetual swap open interest has declined since the rally, signaling profit-taking rather than fresh conviction. Despite Bitcoin’s new peak at $125,000 and Ethereum briefly touching $4,700, open interest remains below mid-September levels and continues to retreat. Options activity mirrors this cautious tone, with volumes skewed toward puts and volatility still far from euphoric highs.

The recent BTC and gold surge, often framed as the “debasement trade,” has yet to translate into stronger derivatives positioning. Implied and realized volatility rose only modestly, with one-week BTC volatility holding below 40% — a sign of tempered market sentiment despite record spot prices.

In contrast, decentralized exchanges continue to post strong growth. September marked the first time perpetual DEXs crossed $1 trillion in monthly volume, with Aster emerging as a standout. Its ASTER token surged from $0.10 to $2.30 within a week of its September 17 debut, outperforming peers such as HYPE. The platform’s forthcoming Layer 1 launch and Pro Mode, which supports hidden limit orders, reflect the rising appetite for innovation and privacy in trading infrastructure.

The full analysis is available in the Bybit x Block Scholes Crypto Derivatives Analytics Report.

#Bybit / #TheCryptoArk /#BybitResearch / #BybitLearn

About Bybit

Bybit is the world’s second-largest cryptocurrency exchange by trading volume, serving a global community of over 70 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.

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Promoting Local Industry: 3M and PT Pipa Mas Putih Collaborate in Indonesia

JAKARTA, Indonesia, Oct. 13, 2025 /PRNewswire/ — Amid the challenges of aging wells in Southeast Asia – particularly in depleting reservoirs and marginal reserves – the oil and gas industry faces serious issues such as declining productivity, erosion of sand screens, and increased operational and capital expenditure due to well repairs and design complexities. These conditions demand innovative, robust, efficient, and locally accessible technological solutions to support the enhancement and sustainability of oil and gas production.

In response to these challenges, 3M has partnered with PT Pipa Mas Putih to produce 3M™ Ceramic Sand Screens in Indonesia. This technology offers high resistance Sand Screen to abrasion and erosion, designed to tackle high-pressure wells and excessive sand production. Through the combination of 3M’s global expertise and PT Pipa Mas Putih’s local manufacturing capacity, this collaboration provides tangible added value in the form of faster delivery times, increased operational efficiency, and more reliable and durable screen performance.

In field implementation, 3M and PT Pipa Mas Putih are collaborating with Pertamina Hulu Mahakam to enhance productivity from marginal assets in Kalimantan. This innovation and strategic partnership has received international recognition through a nomination for the Oilfield Well Intervention (OWI) Global Awards 2025, with accolades for Best Example of Collaboration, Best Example of Downhole Innovation, and Best Example of Value Delivery in Aberdeen, UK.

The collaboration between 3M, Pertamina Hulu Mahakam, and PT Pipa Mas Putih demonstrates that synergy prioritizing global technology, national capability, and local innovation spirit can drive increased hydrocarbon production productivity, strengthen Indonesia’s energy industry independence, and contribute to regional energy resilience.

To see the 3M™ Ceramic Sand Screens firsthand, attend the Asia Pacific Oil & Gas Experts event from 14–16 October 2025 at Sheraton Gandaria City to join expert discussions on driving hydrocarbon production enhancements and strengthening energy infrastructure in Southeast Asia.

Contact 3M via the following link: https://bit.ly/3MAPOGCE to register your attendance at the Asia Pacific Oil & Gas Experts (SPE/IATMI APOGCE 2025).

About 3M 

3M (NYSE: MMM) is focused on transforming industries around the world by applying science and creating innovative, customer-focused solutions. Our multi-disciplinary team is working to solve tough customer problems by leveraging diverse technology platforms, differentiated capabilities, global footprint, and operational excellence. Discover how 3M is shaping the future at 3M.com/news.

Logo – https://laotiantimes.com/wp-content/uploads/2025/10/3m_logo.jpg

iQIYI and KADOKAWA Release “The Fated Magical Princess” Globally, Showcasing Chinese-Produced Animation’s International Appeal

BEIJING, Oct. 13, 2025 /PRNewswire/ — iQIYI, China’s leading online entertainment platform, today announced a collaboration with KADOKAWA Corporation (“KADOKAWA”), a comprehensive entertainment company headquartered in Tokyo, for the global distribution of its animated series, “The Fated Magical Princess”. The collaboration marks KADOKAWA’s first simultaneous release of a premium Chinese animation produced by a Chinese streaming platform. The collaboration demonstrates iQIYI’s ability to produce high-quality Chinese animation that resonates with audiences worldwide.

Co-produced by iQIYI and KuaiKan World (Beijing) Technology Co., Ltd, “The Fated Magical Princess” premiered on iQIYI on September 29. In Japan, the series was first available on leading OTT platforms —d-anime Store, U-Next, and Anime Houdai—followed by Abema, Hulu, FOD, J:COM STREAM, Prime Video, and Amazon Video, with its television debut scheduled for Tokyo MX, BS NTV, and AT-X. Outside Japan, the series has also launched on the well-known anime streaming platform Crunchyroll in multiple regions, including the Americas and Europe, as well as on Muse Communication’s OTT platform and YouTube channel for Asia, bringing the series to anime fans across the world.

“The Fated Magical Princess” offers a captivating reinterpretation of Western-style fairy tales, blending familiar themes with Chinese cultural elements through breathtaking artistry and a compelling narrative. The series tells a story of resilience and connections, following young Princess Athanasia of the Obelian Empire as she navigates a world of enchantment and peril. From honing her prophetic gifts and mastering magic with the enigmatic magician Lucas, to forging unbreakable friendships, Athanasia must outwit dark palace conspiracies to reclaim her destiny.

“We have seen a growing global demand for high-quality Chinese animation, driven by audiences’ appreciation for authentic stories and cultural richness,” said Alice Leung, General Manager of International Distribution of iQIYI. “Through the collaboration with KADOKAWA, we will further extend the reach of “The Fated Magical Princess” across international markets, including Japan, and we look forward to bringing more captivating and culturally meaningful stories to viewers around the world.”

Building on the robust collaboration, KADOKAWA has also confirmed the international distribution of another captivating iQIYI original animation, “The Forbidden City: Cat Imperial Study”. The series explores the majesty of the imperial Forbidden City through the lens of its most charming inhabitants, the palace cats. Employing a unique animation style, the series beautifully showcases China’s rich cultural heritage and unique traditional Eastern aesthetics. The animation will be distributed to major overseas markets, including Japan, the Americas, and Europe.

iQIYI’s collaboration with KADOKAWA proves iQIYI’s leadership in bringing high-quality Chinese animation to global audiences. iQIYI’s proven track record includes internationally acclaimed series such as “Deer Squad”, a beloved 3D animated adventure following four courageous young deer as they navigate thrilling escapades, champion doing good, and safeguard their vibrant home. The heartwarming series seamlessly blends adventure, problem-solving, and humor, instilling valuable lessons of bravery and teamwork in young viewers.

Developed in collaboration with Nickelodeon International and VIS Kids, “Deer Squad” premiered in 2020 and has been translated into over 30 languages, airing in more than 160 countries and regions, and reaching over 214 million families worldwide. A fourth season is currently in production and will be aired on both iQIYI and Nickelodeon International, continuing its global journey with young audiences.

About iQIYI, Inc. 

iQIYI, Inc. is a leading provider of online entertainment video services in China. It combines creative talent with technology to foster an environment for continuous innovation and the production of blockbuster content. It produces, aggregates and distributes a wide variety of professionally produced content, as well as a broad spectrum of other video content in a variety of formats. iQIYI distinguishes itself in the online entertainment industry by its leading technology platform powered by advanced AI, big data analytics and other core proprietary technologies. Over time, iQIYI has built a massive user base and developed a diversified monetization model including membership services, online advertising services, content distribution, online games, IP licensing, talent agency, online literature, etc.

About KADOKAWA Corporation 

KADOKAWA Group, a comprehensive entertainment company, develops a wide range of businesses, including Publishing, Animation, Film, Gaming, Web services, and Education/EdTech. We discover talent globally, create diverse IP (Intellectual Property), and deliver it through various media. We maximize the value of IP under our strategy “Global Media Mix with Technology,” which refers to global rollouts of created IP by utilizing technology.

In the animation sector, KADOKAWA produces nearly 40 animated works annually, a figure that is one of the largest in the industry. With well-established production studios and experienced creators, KADOKAWA delivers a diverse lineup, including original KADOKAWA titles such as “Re:ZERO -Starting Life in Another World-,” “Bungo Stray Dogs,” and “Delicious in Dungeon,” as well as adaptations of external works like “【OSHI NO KO】” and original animations. Beyond planning, production, and distribution, KADOKAWA actively licenses its animation content for broadcasting, games, and merchandise, and distributes packaged media such as DVDs and Blu-rays. This comprehensive approach not only drives global expansion but also generates extensive revenue streams through game adaptations and merchandise based on its animation properties.

Contact:
iQIYI Press
press@qiyi.com

MIT Technology Review Names Envision Energy to “2025 Climate Tech Companies to Watch”

CAMBRIDGE, Mass., Oct. 13, 2025 /PRNewswire/ — MIT Technology Review has unveiled its “2025 Climate Tech Companies to Watch” list, highlighting the most promising companies making real progress in addressing climate change on the planet. Envision Energy, a global leader in green technology and renewable energy solutions, has been named among this distinguished group for its pioneering work in smart wind technology, net zero industrial park model and integrated digital energy systems.

Regarded as one of the most influential in the climate tech space, the list is curated through rigorous evaluation by MIT Technology Review editors, academics, and industry investors. Companies are assessed across multiple dimensions, including innovation, emissions-reduction potential, the development of scalable green technologies or industrial models, and resilience to policy or market uncertainties. The list emphasizes global representation and prioritizes tangible impact over quantity. This year’s list comes with an exclusive essay by Bill Gates, highlighting that “ingenuity is our best weapon against climate change” and introduced the concept of the Green Premium, emphasizing the importance of scaling technologies that lower carbon costs across industries.

Envision Energy has expanded far beyond wind turbine into energy storage, green hydrogen, renewable energy system and net zero industrial parks. Its smart wind turbine use artificial intelligence to optimize performance, boosting output while enhancing grid reliability. The company delivered on the world’s largest off-grid green hydrogen and ammonia facility in Chifeng and powered the world’s first green marine ammonia bunkering operation this July – a milestone for clean energy and decarbonizing shipping. Envision is also replicating its net zero industrial park model in Spain, Brazil, and other regions, offering a blueprint for decarbonizing heavy industry globally.

MIT Technology Review emphasize that Envision’s innovations address critical challenges in energy reliability and industrial emissions while showcasing the global potential of advanced energy technologies. With the expansion of smart wind turbines, green hydrogen, and net zero industrial parks, Envision Energy is poised to accelerate industrial decarbonization worldwide and contribute significantly to global carbon neutrality goals.

Linklogis International Rebrands as Unloq to Accelerate Global Growth

SHENZHEN, CHINA – Media OutReach Newswire – 13 October 2025 – On October 13, 2025, Linklogis International, the global arm of Linklogis Group, announced that it has rebranded as Unloq, marking a significant step in the company’s mission to expand internationally, unlock growth opportunities for businesses worldwide, and support companies expanding into global markets.

In the first half of 2025, Linklogis International expanded its global footprint by establishing new legal entities in the United Kingdom and the United States to support its plans for global infrastructure and operations. These investments build on Unloq’s mission to provide buyers and suppliers worldwide with greater access to liquidity, improved cash flow, and reduced transaction friction.

“The launch of Unloq represents more than just a new name; it is a reflection of our vision to remove financial barriers in international trade and help businesses achieve their full potential. As more companies look to expand globally, Unloq is here to unlock the financing solutions that will enable them to compete, grow, and thrive on the world stage,said Charles Song, Chairman and CEO of Linklogis Group.

Unloq is also driving innovation through a diversified product portfolio:

Digital Asset and Stablecoin Solutions: Harnessing the potential of digital assets and compliant stablecoins, Unloq is working to make cross-border trade more efficient, transparent, and cost-effective by enabling faster settlement and greater trust in global transactions.

Artificial Intelligence Applications: AI is being applied across supply chain finance scenarios to free up manpower through automation, save costs through process optimization, and generate value through intelligent decision-making.

Cross-border Cloud: With integrations into platforms such as Amazon, Shopee, and Infor, Unloq is enabling SMEs to access seamless digital financing while building full-chain solutions to help Chinese companies expand overseas.

Scenario-based Financing: New purchase order financing and receivables-backed solutions provide flexible options for industries including infrastructure, renewable energy, and manufacturing.

Sustainable Finance: More than RMB 29 billion in green and sustainable supply chain assets were financed in the first half of 2025, supporting renewable energy, environmental protection, and rural revitalization.

Hashtag: #Linklogis

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

About Unloq (www.unloq.com)

Headquartered in Singapore, with legal entities established in the United Kingdom, the United States, Hong Kong, and China, Unloq is the international arm of Linklogis Group. Over the past year, Unloq has expanded its global presence, strengthening its service network across Greater China, Southeast Asia, India, Europe, and North America. Through technology-driven supply chain finance solutions, including stablecoin-powered cross-border settlement, AI trade finance agents, and innovative financing models, Unloq helps companies worldwide improve cash flow, reduce trade friction, and scale with confidence.

About Linklogis Group (www.linklogis.com)

Founded in Shenzhen in 2016, Linklogis Group (HKEX: 9959) is a leading supply chain finance technology solutions provider. Supported by shareholders including Tencent, CITIC Capital, GIC, and Standard Chartered Bank, Linklogis has processed over RMB 1.7 trillion in supply chain assets and partnered with more than 2,900 enterprises and financial institutions worldwide. The company has been ranked No.1 in China’s third-party supply chain finance technology solution market for five consecutive years, according to China Insights Consultancy.

StarCharge Presented Microgrid Energy and Charging Solutions at SNEC Shanghai 2025

SHANGHAI, Oct. 13, 2025 /PRNewswire/ — StarCharge, as an expert spanning “Power Generation+ Grid + Load + Storage + Charge + V2G + Trade” across all energy scenarios, showcased its global energy storage and charging innovations at the 11th International Energy Storage & Battery Technology and Equipment Conference & Exhibition (October 10-12, Shanghai).

StarCharge launched the IEC standard 2.5MW/5MWh grid-forming string ESS container, adopts an all-in-one design integrating 12×215 kW PCS and 5 MWh battery, cutting commissioning time by 50% and land use by 37.8%. “One Rack, One Management” enhances battery precision by 12×. With triple-layer fire protection,   seven-level electrical safeguards, and AI-enabled safety monitoring, it ensures reliability from -30 °C to +55 °C (IP55, ≥C4). AI thermal management reduces auxiliary energy use by 40%, achieving ≥96% DC RTE and ≥88.5% AC RTE, with noise ≤74 dB.

StarCharge also introduced the concrete-enclosed eBox-418C commercial & industrial energy storage system. Constructed with ultra-high-performance concrete (UHPC), it delivers exceptional durability with 1050°C heat resistance, C5-level corrosion protection, and a lifespan exceeding 100 years. The system features industry-leading pack-level continuous low-temperature immersion fire suppression technology for second-level flame inhibition, while its “one-cell-one-management” design enables over 10,000 cycles.

Additionally, the company unveiled the IEC eBox-261 energy storage system, which achieves over 90% round-trip efficiency—2% higher than industry average—with a cycle life of 10,000+ cycles, representing a 25% improvement over conventional systems.

Throughout the exhibition, StarCharge showcased its full charging & energy product portfolio and the VPP platform, drawing significant engagement and recognition from global visitors. StarCharge continues to lead global energy infrastructure solutions, advancing the transition toward a sustainable world.


 

AnnJi Showcases Clinical Breakthrough of AJ201 at WMS 2025

TAIPEI, Oct. 13, 2025 /PRNewswire/ — AnnJi Pharmaceutical Co., Ltd. (AnnJi, TWSE: 7754) announced that the Phase 2a clinical result of AJ201 for spinal and bulbar muscular atrophy (SBMA, also known as Kennedy’s disease) was selected as one of the seven Late-Breaking Abstracts at the World Muscle Society (WMS) 2025 International Congress in Vienna. Dr. Tahseen Mozaffar, an investigator of the study, presented the study outcome, emphasizing the therapeutic potential of AJ201 for SBMA patients.  

AJ201, an oral suspension of a novel curcumin analog-Rosolutamide, offers ease of use for patients with swallowing difficulties. Mechanistically, AJ201 acts through multiple pathways, including Nrf2 activation, oxidative stress modulation, and induction of heat shock proteins to facilitate clearance of mutant protein aggregates. This multi-modal mechanism positions AJ201 as a pioneering small-molecule therapy for PolyQ neurodegenerative disorders, such as SBMA. In the Phase 2a trials, positive functional outcomes were reported in AJ201 treated SBMA patients, highlighting AJ201’s potential as a first-in-class therapy for SBMA in two decades.

Dr. Andrew Pai presented the latest preclinical research of Rosolutamide (JM17), the active ingredient of AJ201. JM17 demonstrated multi-pathway benefits in SBMA mouse model, including enhanced mitochondrial function, reduced inflammation and fibrosis, as well as improved structural organization of muscle fibers. Upstream regulator analysis further confirmed the inhibition of pro-inflammatory mediators (TNF-α, IL-6, TGF-β) alongside activation of protective signaling pathways. These findings underscore JM17’s potential as a multi-functional therapeutic candidate, providing new mechanistic insights for SBMA treatment.

“We are very proud of the Late Breaking Abstract, as well as the preclinical research paper presented at the 2025 WMS, which highlighted the significant advancement we have made in the development of AJ201 toward the world’s first effective therapy for Kennedy’s disease.” said Dr. Wendy Huang, CEO and Chairperson of the Board of AnnJi.

AJ201 has been granted Orphan Drug Designation by both the U.S. FDA and EMA. AnnJi has also built a robust global patent portfolio, securing strong market exclusivity for AJ201. Looking ahead, AnnJi continues advancing AJ201 into Phase 2/3 clinical development and global licensing partnerships, aiming to deliver new hope for patients worldwide and establish AJ201 as a landmark success for Taiwan’s new drug industry on the international stage.


About Kennedy’s Disease (SBMA)

Kennedy’s disease, also known as Spinal and Bulbar Muscular Atrophy (SBMA), is a rare and serious inherited neuromuscular degenerative disorder. It is characterized by the progressive degeneration of lower motor neurons in the spinal cord, brainstem, and skeletal muscles. The disease primarily affects males between the ages of 30 and 40, with an estimated prevalence of 1 in 40,000. As the disease progresses—typically by age 50—patients often develop difficulties with chewing and swallowing, and ultimately, recurrent aspiration pneumonia becomes a common cause of death. Currently, there are no approved treatments for SBMA.

About AnnJi Pharmaceutical

AnnJi Pharmaceutical Co., Ltd. (TWSE: 7754) is a clinical-stage drug development company focused on the development of innovative small molecules (NCEs). The company is dedicated to addressing high unmet medical needs in the fields of neurology, dermatology, and immune-inflammatory diseases, including rare diseases, such as Kennedy’s disease (SBMA) and Idiopathic Pulmonary Fibrosis (IPF).

AnnJi is committed to develop innovative therapies that improve the quality of life for patients suffering from neglected chronic diseases. We focus on advancing high-quality, differentiated, and innovative drug candidates, and collaborating with global pharmaceutical partners. Upon achieving proof-of-concept in phase II clinical trials, we aim to out-license our products for further co-development and commercialization, with the goal of bringing them to global markets and driving sustainable growth for the company.

Contact:

Anne Yu; anne.yu@ajpharm.com 

Sylvia Lin; sylvia.lin@ajpharm.com