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Beijing Week of China Pavilion at Expo 2025 Osaka Kansai Japan Held

OSAKA, Japan, May 8, 2025 /PRNewswire/ — From May 8 to 10, the Beijing Week of China Pavilion at Expo 2025 Osaka was held at the China Pavilion in the Expo Park. Under the theme “Beautiful Beijing Shining at the Expo,” the event showcased rich Chinese cultural elements and distinctive features of the capital city.

Beijing Week of China Pavilion at Expo 2025 Osaka Kansai Japan Held
Beijing Week of China Pavilion at Expo 2025 Osaka Kansai Japan Held

At the opening ceremony, a vibrant dance performance took place in front of the China Pavilion’s main entrance, followed by a collective rendition of Welcome to Beijing sung across the entire venue. Chinese and Japanese artists performed together on stage, creating a lively and festive atmosphere. A series of featured events – including the “Hello, Beijing” Culture and Tourism Promotion, the “Invest in Beijing, Win the Future” Special Promotion Event in Osaka, and the 2025 Urban New Energy Forum – highlighted Beijing’s abundant resources, business-friendly policies, and attractive investment environment, offering a wealth of cooperation opportunities. At the “Invest in Beijing, Win the Future” event, the three leading industries, biomedicine and health, advanced energy, and advanced manufacturing, were promoted alongside the development of the Future Science City located in Beijing’s Changping District, fostering cooperation and exchange between Chinese and Japanese enterprises.

At the “Brushing Together – Chinese and Japanese Calligraphers Ink Up” event, calligraphers from both countries shared the stage, using brush and ink to celebrate the enduring friendship between the Chinese and Japanese peoples. The Beijing Central Axis Exhibition offered visitors an immersive experience of the panoramic cultural landscape of this UNESCO World Heritage site. The “Hello, Beijing” Photography Exhibition captured stories of the capital through the lens, showcasing the city’s rich cultural and tourism resources. Visitors also enjoyed interactive experience of traditional Chinese intangible cultural heritage, including dough modeling, Has’ Kite, and traditional brush-making by Yubi Fang (Imperial Brush Workshop), as well as small-scale performances such as the Kunqu Opera Legend of the White Snake: Touring the West Lake. Themed photo spots featuring characters like LABUBU further took guests to explore and engage with the charm of China’s capital city.

Looking ahead, the China Pavilion will continue to present dozens of captivating themed shows about Chinese provinces, autonomous regions, and cities, as well as a variety of cultural exchange events and enterprise-themed days in the following weeks.

Foto – https://laotiantimes.com/wp-content/uploads/2025/05/beijing_week_china_pavilion_expo_2025_osaka_kansai_japan_held.jpg 

ROOTS Develops Ultra-Compact 450㎛ PiG Technology Optimized for Smart Multi-Beam Headlights

SEOUL, South Korea, May 8, 2025 /PRNewswire/ — ROOTS CO., LTD., a company with proprietary Phosphor in Glass (PiG) technology—an essential optical component in automotive headlights—has successfully developed an ultra-compact 450㎛ PiG optimized for next-generation smart multi-beam headlights. This achievement marks a significant evolution of existing PiG technology, further strengthening ROOTS’s technological capabilities and enhancing its competitiveness in the global market.

ROOTS, a company with proprietary Phosphor in Glass (PiG) technology
ROOTS, a company with proprietary Phosphor in Glass (PiG) technology

ROOTS, a South Korean company specializing in high-power LED PiG components, semi-conductor-related parts, and chemical products, began developing PiG technology in the mid-2010s based on semiconductor processing techniques. PiG, a component combining phosphor and glass, plays a critical role in determining the optical characteristics of various high-power lighting products, including automotive headlights, daytime running lights (DRLs), and turn signals.

In the automotive industry, demand for advanced lighting technologies, such as smart multi-beam headlights, has surged in recent years, leading to the development of various high-power LED modules. Among them, PiG technology plays a crucial role in delivering high brightness, excellent viewing angles (low color shift with angle), and optimized contrast ratios (low variation in contrast). To meet these requirements, ROOTS has continuously advanced its process technologies based on semiconductor manufacturing techniques to optimize PiG performance.

Notably, ROOTS carries out the entire PiG manufacturing process in-house, overseeing every step from the fabrication and processing of PiG glass and phosphor wafers (including wafer fabrication, thinning, and polishing) to the final PiG chip production. As a result of these comprehensive capabilities, ROOTS’s proprietary PiG technology has been recognized as a groundbreaking and innovative solution in the market, earning the company the NET (New Excellent Technology) certification from the Korean government.

The newly developed ultra-compact 450㎛ PiG is optimized for smart multi-beam headlights and has achieved outstanding results in enhancing key performance metrics such as beam straightness, COA (Color of Angle) viewing angle, and luminance. Despite its reduced size, the miniaturized PiG maintains high performance, enabling more compact headlight modules while meeting the next-generation demands for miniaturization and high efficiency in advanced automotive lighting systems.

Building on its expertise in LED and semiconductor processing technologies, ROOTS not only leads in PiG innovation but also demonstrates strong specialization across a wide range of semiconductor-related products. The company has successfully localized key materials—previously dominated by a few global players—such as silica slurry for silicon wafer backside polishing, diamond slurry for sapphire wafers, neutral flux cleaners, eco-friendly solder mask removers, and chemical agents for laser coating, all with equivalent performance. Through these achievements, ROOTS delivers advanced chemical solutions across the entire semiconductor processing spectrum.

With the development of its ultra-compact PiG, ROOTS plans to expand its technology beyond the smart automotive lighting market into various other industrial sectors. By pursuing sustainable technological innovation and differentiated product development, the company aims to further solidify its position in the global market.

The successful development of the ultra-compact PiG reaffirms ROOTS’s position as a leading innovator in next-generation technologies for automotive lighting, including smart multi-beam headlights.

To learn more about ROOTS, please visit https://www.rootsmaterials.com/.

Revolutionizing AI: How FLock.io Is Expanding Global Decentralized Solutions


NEW YORK, USA – Media OutReach Newswire – 8 May 2025 – FLock.io, a private AI training platform, closed a strategic funding round led by DCG in December 2024 and launched FL Alliance, a solution enabling decentralized AI model training. FL Alliance transforms everyday devices into training nodes, allowing users to create personalized LLMs, earn token rewards, and maintain complete data privacy.

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AI adoption in healthcare, fintech, and smart manufacturing is booming, with the global market reaching $154 billion in 2023 and projected to exceed $300 billion by 2027, according to IDC. Despite this growth, data privacy concerns and frequent breaches remain significant obstacles. Industries like healthcare and fintech rely heavily on sensitive data, making privacy protection essential.

Decentralized AI technologies, like FLock.io’s solutions, are addressing these challenges. By integrating federated learning and blockchain, FLock.io sets new benchmarks in data security, offering intelligent, privacy-focused innovations tailored to critical industries.

The social significance of decentralized AI

Decentralized AI revolutionizes technology by distributing data storage and computation across multiple parties, enabling collaborative model training without sharing sensitive data. This approach is ideal for privacy-critical applications such as medical diagnostics and financial risk management. Federated learning, a key element of decentralized AI, allows participants to train machine learning models locally, preserving privacy while maintaining data integrity.

Founded in 2020, FLock.io has emerged as a leader in decentralized AI, driven by years of innovation and market exploration. CEO Jiahao Sun, an Oxford University alumnus and former AI Director at the Royal Bank of Canada, brings extensive expertise to the company. Sun’s decentralized AI research and developments at FLock.io earned him a spot on the Forbes China 100 Most Influential Chinese 2024 list. Sun emphasizes, “Through innovative technology and collaboration, AI can truly benefit humanity.”

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FLock.io Academic paper in lEEE

By 2024, FLock.io secured strategic partnerships with institutions like London’s Moorfields Eye Hospital, top crypto trading firm GSR, and blockchain giant Animoca Brands, expanding real-world applications of decentralized AI. Notable advancements include a multivariate predictive model for managing blood glucose levels in diabetic patients and privacy-preserving algorithms improving ophthalmology diagnostics worldwide. These achievements underscore FLock.io’s commitment to harnessing decentralized AI for impactful solutions in healthcare and beyond.

Global Market Innovation

In March 2024, FLock.io secured $6 million in seed funding led by Lightspeed Faction, fueling collaborations with Moorfields Eye Hospital and Request Network. By the end of the year, the company completed a strategic funding round led by DCG, enabling further expansion.

Leveraging federated learning technology and tailored AI solutions, FLock.io has established a strong presence in Europe and US through deep partnerships with global allies, solidifying its role as a leader in decentralized AI. CEO Jiahao Sun stated, “Our goal is to expand FLock solutions to both enterprise and retail AI market, driven by continuous product optimization and international collaborations.”

Despite its promise, decentralized AI faces hurdles such as scalability and interoperability. Larger networks can slow performance, while seamless cross-platform communication remains a challenge. Sun identifies blockchain technologies and standardized protocols as critical to improving efficiency. Additionally, navigating regulations like GDPR and HIPAA is essential for building trust and driving adoption. To address these challenges, FLock.io plans to increase R&D investments, focusing on technical bottlenecks and compliance. The company also aims to enhance collaborations with global institutions to promote the standardization and scalability of decentralized AI applications, paving the way for widespread industry adoption.

Hashtag: #FLock.io

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

MEXC Lists Doodles (DOOD) with 50,000 USDT Worth of DOOD and 50,000 USDT Bonus Prize Pool

VICTORIA, Seychelles, May 8, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, announces it will list Doodles (DOOD) on May 9, 2025 (UTC). To celebrate this significant addition to the exchange, MEXC is launching a special event with a prize pool of 50,000 USDT Worth of DOOD & 50,000 USDT Bonus for new and existing users.

MEXC Lists Doodles (DOOD) with 50,000 USDT Worth of DOOD and 50,000 USDT Bonus Prize Pool
MEXC Lists Doodles (DOOD) with 50,000 USDT Worth of DOOD and 50,000 USDT Bonus Prize Pool

Doodles is a Web3-native creative brand established in October 2021 by Canadian digital artist Burnt Toast (Scott Martin), alongside Evan Keast and Jordan Castro. The project features a collection of 10,000 unique generative NFT avatars, renowned for their vibrant, pastel-colored designs. Since its inception, Doodles has evolved into a multifaceted entertainment brand, expanding into animation, music, and fashion collaborations. Doodles has also partnered with prominent brands like Adidas, Crocs, and McDonald’s to bridge NFT culture with mainstream audiences.

In February 2025, Doodles announced the launch of its official token, DOOD, aimed at enhancing community engagement and supporting the decentralized development strategy of Doodles. Following the announcement of the token, Doodles NFT trading volume surged to $16 million in one week, marking the second-highest weekly trading volume in the project’s history. The total supply of DOOD is capped at 10 billion, with no possibility of inflation. As a key element in fostering community interaction and value sharing, DOOD enables token holders to participate in governance, access exclusive content, and contribute to the growth of the Doodles ecosystem.

To celebrate the listing, MEXC is hosting an Airdrop+ event from May 8, 11:00 to May 18, 11:00,2025 (UTC), offering a range of rewards and exclusive opportunities:

Benefit 1: Deposit and share $32,000 USDT in DOOD (New user exclusive)

Benefit 2: Spot Challenge – Trade to share $10,000 in DOOD (For all users)

Benefit 3: Futures Challenge – Trade to share 50,000 USDT in Futures bonus (For all users)

Benefit 4: Invite new users and share $8,000 in DOOD (For all users)

MEXC has established itself as an industry leader by consistently providing users with early access to promising projects. According to the latest TokenInsight report, MEXC led the industry with an impressive 461 spot listings. During each bi-weekly period, MEXC maintained a high listing frequency, consistently ranking among the top six exchanges and demonstrating its ability to capture market trends quickly. To date, the exchange has listed more than 3,000 digital assets. MEXC will continue to maintain its industry-leading listing efficiency, innovate, and expand its offerings, ensuring users have access to the best opportunities in the ever-evolving crypto landscape.

For full event details and participation rules, please visit here.

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 TelegramHow to Sign Up on MEXC

Risk Disclaimer:

The information provided in this article regarding cryptocurrencies does not constitute investment advice. Given the highly volatile nature of the cryptocurrency market, investors are encouraged to carefully assess market fluctuations, the fundamentals of projects, and potential financial risks before making any trading decisions.

Bybit Card Unlocks 8% APR Opportunity with USDT Fixed Savings

DUBAI, UAE, May 8, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, is pleased to introduce new yield opportunities in fixed savings to Bybit Card users. Available on Bybit Earn, a new savings products will allow Bybit Card users to generate returns by staking their USDT.

For yield seekers during market turbulences, savings products with steady returns offer an alternative for traders to effectively allocate their capital. Bybit combines substantial returns and stability with this exclusive promotion for Bybit Card users. From now to June 30, 2025, 23:59 PM UTC, Bybit Card users may access the 90-day Fixed Savings plan on Bybit Earn and earn up to 8% APR on their USDT savings. The rewards are structured in two tiers:

  • VIPs only: Staking 200 to 5,000 USDT for 4% APR
  • Non-VIPs: Staking 1,000 to 10,000 USDT for 8% APR

Bybit Card Unlocks 8% APR Opportunity with USDT Fixed Savings
Bybit Card Unlocks 8% APR Opportunity with USDT Fixed Savings

The most widely used stablecoin in the world, USDT facilitates instant crypto transactions while offering the stability merchants and buyers expect. As of May 2025, USDT, USDC, BTC and AVAX are available as cashback options for Bybit Card users.

With over 1.7 million cards issued—and counting, the Bybit Card is the go-to choice the global crypto community. The Card empowers users with an everyday crypto payment solution, offers unmissable perks including exclusive access to premier events and services, and is packed with rewards fit for the crypto lifestyle. The Bybit Card’s growth story is one of the digital asset industry’s, complementing the rise in crypto adoption and supporting its customers on their wealth building journey.

Key Features of the Bybit Card:

  • Instant virtual card: users will get a versatile card instantly, compatible with Apple Pay and Google Pay.
  • Crypto convenience: spending in crypto, and cash withdrawals from any ATM worldwide that supports Mastercard for added convenience with the physical card.
  • No annual fees and up to 10% cashback
  • Year-round perks: 100% rebates on selected partners including Netflix and ChatGPT, plus air lounge access, early-bird access to Tomorrowland Brasil 2025, and seasonal benefits
  • Multi-asset support: USDC, USDT, BTC, ETH, AVAX, and more.

The offer is available for eligible Bybit Card users only, restrictions apply. New users may apply for here: Bybit Crypto Card: Your Ultimate Crypto Debit Card.

#Bybit / #TheCryptoArk / #TheBybitCard

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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RedBox Storage Celebrates 10th Anniversary – “Unbox Your Life” Pop-Up Event

HONG KONG, May 8, 2025 /PRNewswire/ — This summer, RedBox Storage celebrates its 10th anniversary by inviting everyone to experience “Unbox Your Life”, an exclusive pop-up event designed to inspire creativity, organization, and smarter living. Taking place at Shop 3, Central 88, 88-98 Des Voeux Road, Central, Hong Kong, this interactive pop-up store runs from 8 May to mid-July 2025, offering visitors a fun and hands-on opportunity to discover how storage can transform their lives.

Pop-Up  Highlights: Unbox the Fun!

  • Claw Machine Fun: Play for free and win adorable prizes.
  • Giant Photo Spot: Snap a photo at our giant unboxing station, upload it to Instagram or Facebook with tags @redboxstorage and #UnboxYourLife, and earn tokens for the claw machine game.
  • Themed Self Storage Units: Explore creative storage solutions tailored for small apartments, growing families, or busy professionals. Find inspiration for every lifestyle!
  • Exclusive Offers: Enjoy pop-up-only discounts on our storage solutions — don’t miss out!

Special Anniversary Offers: Unboxing Promotions

  • Personal Storage Promotions: Get up to 40% off on our storage plans to meet your needs!
  • New Business Storage Deals: Take advantage of our newly launched business storage promotions designed to boost your operations:
    • Flexible Business Storage: Choose 6-month or 12-month packages and enjoy professional consultations, delivery services, shelving installation, and exclusive gifts.
    • Professional Valet Monthly Plans: Tailored for startups and SMEs, these plans include document boxes and delivery services to make your business operations seamless.

Whether for personal or business use, RedBox Storage has the perfect solution for you. Contact us now to learn more!

Event Details

  • Date: 8 May, 2025 to mid-July 2025
  • Time: 11am to 7pm, Monday to Sunday
  • Location: Shop 3, Central 88, 88-98 Des Voeux Road, Central, Hong Kong (Central Station Exit C)
  • Admission: Free

RedBox Storage isn’t just about storing belongings – it’s about transforming spaces to improve the quality of life. From clever organizing tips to creative inspiration, “Unbox Your Life” is designed to bring joy, functionality, and fresh ideas into your everyday life. Bring your friends, family, or come solo – it’s time to unbox your life and unlock your future!

For more information, visit https://www.redboxstorage.com.hk/en/unbox-your-life or follow us on Instagram and Facebook @redboxstorage. 

About RedBox Storage

Acquired by global investment giant Brookfield Asset Management in 2022, RedBox Storage has established itself as a premier storage specialist, offering innovative and flexible solutions for individuals and businesses. With a focus on innovationunmatched quality, and customer-centric service, RedBox Storage helps you make room for what matters most.

CONTACT:

KK Chan
Director of Marketing
T  +852 3792 0210 
E  kk.chan@redboxstorage.com.hk 

Bybit Forges “Bridges of the World” at Flagship Institutional Symposium, Culminating TOKEN2049 Week in Dubai

DUBAI, UAE, May 8, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, successfully concluded TOKEN2049 Week with its flagship Institutional (INS) Symposium, an exclusive, invite-only event designed to foster deeper connections and collaborative innovation within the institutional crypto space.

Tailored for hedge funds, family offices, and high-net-worth investors, the symposium convened Bybit’s top institutional clients and ecosystem partners for a full day of thought leadership, strategic alignment, and insightful discussions on the future of digital finance. Held under the theme of Bridges of the World, the event embodied the company’s mission to build transformative connections between traditional finance and the emerging digital asset ecosystem, while paving the way for forward-thinking, inclusive financial growth.

The agenda for the symposium was curated to provide actionable insights, including high-level discussions on macroeconomic trends, as well as deep dives into Bybit’s cutting-edge institutional-grade products. Attendees explored partnership opportunities across several strategic areas, including advanced derivatives, unified loan account, API infrastructure, custody solutions, as well as stronger security and wallet solutions — all critical elements in building a resilient bridge to the future of finance.

Shunyet Jan, Head of Institutional and Derivatives at Bybit, shared, “Bybit’s 100% growth in institutional clients in 2024, surpassing 2,000 active entities, reflects the growing trust in our platform. This momentum is strengthened by strategic partnerships, including our collaboration with Zodia Custody for off-venue settlement solutions, responding to industry security concerns. Alongside partners like Fireblocks and Copper, we continue to ensure secure, institutional-grade custody for our clients.”

Throughout the event, leading voices from the industry shared their expertise, including Paul Kremsky, Head of Business Development at Cumberland; Jordi Alexander, CEO of SLN Selini Capital; and Dom Longman, Managing Director for the Middle East and Africa at Zodia Custody. Their participation underscored the importance of institutional engagement in shaping the future of crypto, highlighting the evolving role of regulated institutions in bridging the gap between traditional finance and digital assets.

“The symposium was about fostering deeper relationships and creating space for institutions to align on shared goals,” added Shunyet Jan. “By offering an inside look at what’s coming next and opening the floor for collaboration, we’re laying the foundation for future growth — together.”

Attendees from leading firms praised Bybit’s resilience, innovation, and strong community presence. Han of Adaptive Frontier said, “Super well done handling the hack. Everyone was just super impressed. It gave us a lot of comfort.” Jonas Schmidt of SSW Alpha Rock Fund PCC Ltd called it “an amazing experience trading with Bybit, one of the best exchanges,” adding, “I wouldn’t be happier with the exchange.” Vincent Liu of Kronos Research shared his impression of the gathering: “This is a great event so far today. You guys have some great guests.” Allen Fok of Elk Crypto concluded, “I’m really glad you guys are doing something like this — to have everybody in the same place where we can talk.” Salim Dhanani of Pave Bank added, “The market is only going to grow 100x bigger and I think Bybit’s perfectly positioned to capture it.”

Bybit’s active role during TOKEN2049 Week further solidified its long-standing commitment to advancing global crypto adoption through education, infrastructure development, and strategic partnerships. As Dubai continues to establish itself as a global digital asset hub, Bybit is proud to contribute to the growth of the sector and support the institutions that are building the future of finance.

Bybit Forges "Bridges of the World" at Flagship Institutional Symposium, Culminating TOKEN2049 Week in Dubai
Bybit Forges “Bridges of the World” at Flagship Institutional Symposium, Culminating TOKEN2049 Week in Dubai

 

Bybit Forges "Bridges of the World" at Flagship Institutional Symposium, Culminating TOKEN2049 Week in Dubai
Bybit Forges “Bridges of the World” at Flagship Institutional Symposium, Culminating TOKEN2049 Week in Dubai

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

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

SF Intra-city (9699.HK) Delivery Orders of Comprehensive Delivery Increased 87% during May Day Holiday

Orders from Supermarkets and Department Stores Increased More Than 1.7 Times

HONG KONG, May 8, 2025 /PRNewswire/ — The May Day holiday has just concluded, marked by a surge in  domestic travel and consumer spending. In response to strong consumer demand, instant delivery service platforms played a crucial supporting role. Hangzhou SF Intra-city Industrial Co., Ltd. (“SF Intra-city” or the “Group“, Stock Code: 9699.HK), China’s largest third-party on-demand delivery service provider, is pleased to announce that the orders for comprehensive delivery surged by 87% year-on-year (“YoY”) during May Day holiday, delivery orders from supermarkets and department stores grew by 177%  YoY. Additionally, SF Intra-city launched dedicated solutions for cultural tourism instant delivery scenarios, with consumer services performing exceptionally well in third and fourth-tier cities such as Chaozhou and Dali, where C-end (consumer) order volume grew severalfold to dozens of times year-on-year.

During the holiday, consumer sentiment was strong, with robust demand in the new-style tea beverage market. SF Intra-city’s beverage delivery orders surged by 106% YoY during the May Day holiday period. As the preferred instant delivery service provider for new-style tea and coffee brands such as CHAGEE, Mixue Ice Cream & Tea, GuMing, and Luckin Coffee, the Group leveraged its flexible delivery capacity model of “in-store + commercial district + citywide” to ensure efficient fulfillment of online orders and smooth handling of peak periods.

Beyond tea beverage stores, the Group closely collaborated with merchants across all scenarios in commercial districts, with supermarket and department store orders growing rapidly by 177% YoY. Other product categories, including pharmaceuticals, digital products, beauty products, and  mother-and-baby products also recorded high double-digit year-on-year growth. This reflects that a growing consumer preference for instant delivery services for urgent and essential items, and a shift toward a new consumption pattern of “traveling light and purchasing on demand.”

During the May Day holiday period, major food delivery and local lifestyle platforms seized the holiday business opportunities by offering promotional subsidies. As a third-party instant delivery platform without being tied to any specific commerce flow, SF Intra-city deeply collaborated with platforms such as Douyin, WeChat, and Alibaba, allowing merchants to access delivery services across various food delivery and new retail platforms with one-click integration. This not only helped merchants grow their business efficiently but also provided consumers with a better instant delivery experience.

“Cultural tourism + instant delivery” has become a new highlight in local tourism development. SF Intra-city launched a “pickup, delivery, and concierge” solution for cultural tourism, offering services such as luggage handling, hanfu costume returns, shopping assistance, and queue-waiting. These services meet tourists’ personalized needs while helping upgrade the cultural tourism industry. As “county tourism fever” sweeps across the country, instant delivery platforms are becoming increasingly crucial in providing infrastructure services for in-depth county-level tourism. During this year’s May Day holiday period, SF Intra-city’s consumer services saw particularly significant growth in third and fourth-tier cities and counties. C-end order volume in cities such as Chaozhou, Dali, Enshi, Ganzi, Jinzhong, Shigatse, and Tieling grew severalfold to dozens of times, highlighting the enormous potential of instant delivery services in county-level tourism markets.

Additionally, SF Intra-city’s last-mile delivery provides diverse transfer and door-to-door collection and delivery services for express companies and logistics service providers, helping accelerate various aspects of traditional express delivery. During the May Day holiday period, its last-mile delivery order volume grew by 102% YoY, enabling home-based users to receive their purchased products faster and ensuring goods arrived home before traveling users returned.

The May Day ‘Golden Week’, being a significant milestone in travel and consumption, has garnered attention from both consumers and businesses alike. The continued boom in holiday economics has stimulated rising demand for instant delivery, highlighting the increasingly critical role of the instant delivery industry as consumption infrastructure. As local lifestyle consumption scenarios and consumption patterns continue to evolve, SF Intra-city will  strive to broaden the boundaries of on-demand fulfillment services, enhance our technological capabilities, and forge deeper collaborations amid the ongoing innovation in consumer behavior. Together, the Group will champion the sustained growth of new consumption trends, and collaborate with more business partners, adhering to our operational goal of achieving ‘high-quality, efficient and comprehensive third-party on-demand delivery services’ and better fulfilling our mission of ‘bringing enjoyable lifestyle to your fingertips’, firmly rooting ourselves in third-party on-demand delivery service.

About Hangzhou SF Intra-city Industrial Co., Ltd. (Stock code: 9699.HK)

SF Intra-city focuses on the emerging opportunities of intra-city on-demand delivery services. Since 2019, SF Intra-city has operated as an independent legal entity to capture the growth opportunities arising from the new consumption trends. SF Intra-city adopts a multi-scenario business model, providing full coverage of delivery scenarios for all types of products and services. The Company’s extensive service coverage, ranging from mature scenarios such as food delivery to growth scenarios such as local retail, local e- commerce and local services, has enabled it to respond to the evolving customer needs resulting from the development and upgrade of the local consumer market. For more details, please visit the Company’s website: https://ir.sf-cityrush.com/en/investor-relations/.