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Bybit Private Wealth Management’s Standout USDT Yield Strategy Set New Bar in July

DUBAI, UAE, Aug. 18, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, concluded a record-breaking month in its Private Wealth Management (PWM) unit, revealed in the latest Bybit PWM newsletter for July 2025.

Capturing the rapid tides of crypto and global markets in July, Bybit PWM delivered exceptional results with average APR across all funds surging over 160% month on month. The standout achievement came from its flagship high-yield USDT-based strategy, which generated an impressive 19.77% APR, demonstrating the power of strategic asset allocation in volatile markets.

“In July, BTC’s new highs, strong inflows to ETH ETFs and positive regulatory developments energized the markets. Bybit PWM was able to reap the benefits of the movements and achieve demonstrable returns for our clients,” said Jerry Li, Head of Financial Products & Wealth Management at Bybit. “While crypto’s long-term potential remains promising, we are staying alert: regulatory signals and rapid news cycles remain game-changers—but solid fundamentals and growing institutional participation suggest brighter days ahead.”

Bybit PWM turns seasoned analysts’ and investing professionals’ trading expertise into measurable yield for high-networth investors. With sophisticated product and strategy offerings, the trusted service has achieved over $200 million in subscription volume.

Fig. 1 Strategy Return Trend

Source: Bybit Private Wealth Management July 2025 newsletter
Source: Bybit Private Wealth Management July 2025 newsletter

Launched in December 2024, Bybit PWM empowers visionary wealth builders who prioritize smart strategy over quick wins. The division’s expert team—seasoned veterans in quantitative trading, asset management, risk control, and blockchain innovation—crafts resilient portfolios designed to capture lasting value in the dynamic digital asset landscape.

For details of Bybit PWM’s July performance, users may visit: Bybit Private Wealth Management: May 2025 Newsletter

#Bybit / #TheCryptoArk

Bybit Private Wealth Management’s Standout USDT Yield Strategy Set New Bar in July
Bybit Private Wealth Management’s Standout USDT Yield Strategy Set New Bar in July

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.

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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FiEE, Inc. Debuting Soon at the 2025 Osaka World Expo, with Dreamy-Designed Booth Symbolising Infinite Possibilities

HONG KONG, Aug. 18, 2025 /PRNewswire/ — FiEE, Inc. (NASDAQ:FIEE) (“FiEE” or the “Company”), a technology company integrating IoT, connectivity and AI to redefine brand management solutions in the digital era, is pleased to share about their booth design and technologies to be showcased at the 2025 World Expo Osaka on August 26th through August 28th (10:00–17:00 on August 26th and 27th; 10:00–16:00 on August 28th). We warmly invite all interested parties to experience these innovations firsthand!

FiEE’s booth will open at the MYDOME exhibition hall in Osaka, Japan. The booth will showcase the Company’s latest logo, highlighting a rich, colorful, and dreamy feel. The color scheme presents a cosmic-level fantasy, symbolizing infinite possibilities and the sparks of creators pulsating into the heartbeat of the galaxy. This color palette serves as the primary design for the booth.



In addition to the design showing the business philosophy behind FiEE, the booth will showcase the Company’s latest SaaS products and authentication technologies. Visitors entering the FiEE booth will experience a whole new sensation. There will be a signature verification machine: a robotic arm and kiosk that authenticate items by analyzing material and appearance data via blockchain-powered traceability and certification. Moreover, a video alongside the machine will explain the authentication processes. Upon completion of the demonstration, each visitor will have the opportunity to purchase a figurine or a mini-sculpture in blind-boxes, with six colorways plus a special edition.


“Everyone is warmly invited to experience FiEE’s professional service firsthand and celebrate with souvenirs,” said Rafael Li, Chief Executive Officer of FiEE “The Osaka Expo is an ideal stage to introduce our proprietary SaaS platform and authentication technologies to the international visitors. At the same time, we are looking forward to spreading our mission to the international market: to harness IoT, connectivity, and AI in cultivating a worldwide community of key opinion leaders, delivering brand values across the digital content space. “

The 2025 World Expo in Osaka serves as a premier global platform for technological innovation, offering enterprises unparalleled opportunities to showcase advancements, access international resources, and establish valuable partnerships. Themed as ‘Designing Future Society for Our Lives’, the event showcases several leading technology companies. It has attracted over 10 million visitors since its opening in April 2025.

About FiEE
FiEE, Inc. (NASDAQ:FIEE), formerly Minim, Inc., was founded in 1977. It has a historical track record of delivering comprehensive WiFi/Software as a Service platform in the market. After years of development, it made the strategic decision to transition to a Software First Model in 2023 to expand its technology portfolio and revenue streams. In 2025, FiEE rebranded itself as a technology company leveraging its expertise in IoT, connectivity, and AI to explore new business prospects and extend its global footprint. 

FiEE’s services are structured into four key categories: Cloud-Managed Connectivity (WiFi) Platform, IoT Hardware Sales & Licensing, SaaS Solutions, and Professional To-C and To-B Services & Support. Notably, FiEE has introduced its innovative Software as a Service solutions, which integrate its AI and data analytics capabilities into content creation and brand management. This initiative has led to the nurturing of a robust pool of KOLs on major social media platforms worldwide, assisting them in developing, managing, and optimizing their digital presence across global platforms. FiEE’s services include customized graphics and posts, short videos, and editorial calendars tailored to align with brand objectives. 

Forward-Looking Statements 
This communication contains forward-looking statements which include, but are not limited to, statements regarding the Company’s participation at the 2025 World Expo in Osaka; the expected success of the Company’s new SaaS products; the Company’s business strategy, including its strategic transformation; and the Company’s ability to drive long-term growth and shareholder value. These forward-looking statements are subject to the safe harbor provisions under the Private Securities Litigation Reform Act of 1995. The Company’s expectations and beliefs regarding these matters may not materialize. Actual outcomes and results may differ materially from those contemplated by these forward-looking statements as a result of uncertainties, risks, and changes in circumstances, including but not limited to risks and uncertainties related to: the ability of the Company to maintain compliance with the Nasdaq continued listing standards; the impact of fluctuations in global financial markets on the Company’s business and the actions it may take in response thereto; the Company’s ability to execute its plans and strategies; and the impact of government laws and regulations. Additional risks and uncertainties that could cause actual outcomes and results to differ materially from those contemplated by the forward-looking statements are included under the caption “Risk Factors” in the Annual Report on Form 10-K for the year ended December 31, 2024 and elsewhere in the Company’s subsequent reports on Form 10-Q or Form 8-K filed with the U.S. Securities and Exchange Commission from time to time and available at www.sec.gov.

NYSE Content Advisory: Pre-Market Update + ‘Taking Stock’ Series launches before Closing Bell

NEW YORK, Aug. 18, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

 

NYSE Content Advisory: Pre-Market Update + ‘Taking Stock’ Series launches before Closing Bell

Ashley Mastronardi delivers the pre-market update on August 18th

  • Stocks are fractionally lower following another winning week for the major averages. The DOW rose by 1.7% while the S&P 500 finished higher for the fourth time in the past five weeks.
  • The Federal Reserve will be in focus as the Central Bank heads to Jackson Hole, Wyoming, for its annual economic policy symposium. Chair Powell will deliver remarks on Friday.
  • Later today, the NYSE will launch a new show at the closing bell called Taking Stock. In collaboration with Money20/20, FINTECH TV, and Cheddar. the show will launch just before 4 PM ET and will include experts on the trading floor.

Opening Bell
Make-A-Wish rings the Opening Bell

Closing Bell
Celebrating the launch of Taking Stock, a new closing bell show at the NYSE

Click here to download the NYSE TV App

 

Bybit EU Empowers European Traders with Spot Margin: Up to 10x Leverage, Full Transparency, and Built-In Risk Controls

VIENNA, Aug. 18, 2025 /PRNewswire/ — Bybit, the world’s second-largest cryptocurrency exchange by trading volume, today announced the launch of d Spot Margin Trading on its EU platform, unlocking greater trading flexibility for European users through up to 10x leverage — with full regulatory alignment, built-in transparency, and robust risk management tools.

This new feature empowers retail traders to amplify their strategies while maintaining precise control over their exposure. It’s another major step in Bybit EU’s mission to offer capital-efficient trading tools under the unified regulatory framework.

“Spot Margin Trading is a powerful tool — but only when paired with transparency, risk education, and user control,” said Mazurka Zeng, CEO of Bybit EU. “We’re proud to launch a product tailored for Europe’s evolving regulatory landscape — one that equips traders to scale their strategies without compromising visibility or compliance.”

What Is Spot Margin?

Spot Margin Trading allows users to borrow funds against their existing crypto holdings, using them as collateral to buy or sell more assets than their wallet balance would otherwise allow. For example, a user with €100 can borrow additional funds to execute a €1,000 trade using 10× leverage — amplifying both potential gains and losses from small market movements.

This creates significant opportunities — but also greater risks — which is why Bybit EU has implemented several safety mechanisms to protect users.

Transparent Risk Management: Designed for EU Traders

Bybit EU’s Spot Margin service includes built-in safeguards aligned on leverage and investor protection:

  • Liquidation at 100% Maintenance Margin to prevent further losses
  • Real-time interest rates, margin requirements, and collateral ratios, asset by asset
  • Margin trading currently supported under Cross Margin only
  • Leverage awareness prompts to ensure users understand the risks and conditions
  • Client readiness testing to assess knowledge of risk mitigation and liquidation prevention

These features ensure that only informed users can access leverage, and that traders understand both the benefits and potential downsides of margin exposure.

Unified EU Trading, Now with Spot Margin

European users can now trade Spot Margin assets from a single, unified trading account, enabling more efficient capital deployment and real-time risk tracking. Popular pairs like BTC/USDC, ETH/USDC, and others are already available with Spot Margin functionality.

This launch reinforces Bybit’s EU position as one of the most trusted and forward-looking exchanges in Europe, following its recent MiCAR-compliant expansion. Spot Margin Trading is the foundation for a broader rollout of capital-efficient products tailored to Europe’s sophisticated crypto traders.

About Bybit EU

Bybit EU GmbH is the newly established European entity, dedicated to serving clients across the European Economic Area (EEA”*” except Malta) via the Bybit.eu platform. Operated by Bybit EU GmbH, a licensed Crypto-Asset Service Provider (CASP) under the Markets in Crypto-Assets Regulation (MiCAR), Bybit EU delivers fully regulated services, including crypto custody, exchange, and rewards products and more,  in full compliance with European regulations for investor protection and market integrity.

Bybit EU GmbH is a licensed Crypto-Asset-Service Provider under the Markets in Crypto Assets Regulation (MiCAR), authorized to offer the following services to residents of the European Economic Area (except Malta):

  • providing custody and administration of crypto-assets on behalf of clients;
  • exchange of crypto-assets for funds;
  • exchange of crypto-assets for other crypto-assets;
  • placing of crypto-assets; and
  • providing transfer services for crypto-assets on behalf of clients.

Bybit EU GmbH is neither the operator of a trading platform for crypto-assets nor provides investment advice.

Media Contact: press@bybit.com

www.bybit.eu

Disclaimer: This is a marketing communication.

WIRobotics Unveils ‘ALLEX,’ a General-Purpose Humanoid with Human-Like Responsiveness

Implements human-like whole-body force sensing and compliance across arms, fingers, and waist; introduces a new high-DOF compliant hand, a low-friction backdrivable arm, and a gravity-compensated upper body

CHEONAN, South Korea, Aug. 18, 2025 /PRNewswire/ –Global robotics leader WIRobotics (Co-CEOs Yong-Jae Kim, Professor at KOREATECH, and Younbaek Lee) today unveiled the upper body of its first general-purpose humanoid robot, ALLEX, at the Robot Innovation Hub (RIH) located on the First Campus of the Korea University of Technology and Education (KOREATECH).

WIRobotics Unveils ‘ALLEX,’ a General-Purpose Humanoid with Human-Like Responsiveness
WIRobotics Unveils ‘ALLEX,’ a General-Purpose Humanoid with Human-Like Responsiveness

Youtube Link: https://youtu.be/qT2UZ3oN4xI?si=5im0YYNrNq8nSNr6

ALLEX stands for “ALL-EXperience.” Beyond visual recognition and position control, it responds to physical stimuli such as force, contact, and impact in the real world. By delivering humanlike interaction capabilities, ALLEX sets a new standard for humanoid robots, surpassing the limitations of current robotics.

Developed with WIRobotics’ proprietary mechanisms and control technologies, the newly unveiled ALLEX comprises a new high-degree-of-freedom (DOF) robotic hand that senses reaction forces like a human and yields compliantly to external loads; a highly backdrivable robot arm with more than 10 times lower friction and rotational inertia than conventional collaborative robot arms; and a upper body with a gravity compensation mechanism. With precise force control and flexible motion, ALLEX significantly expands applicability in fields that require direct interaction with people, including services, manufacturing, and household tasks.

Technical Highlights

High–DOF compliant robotic hand. A human-hand-sized end-effector with 15 DOF enables precise motions and diverse tasks. With inherent human-like compliance, it detects and responds to forces as small as 100 gf even without tactile sensors; fingertip repeatability is 0.3 mm or less. It delivers 40 N fingertip force and over 30 kg hook grip—world-class grasping performance among high-DOF, human-sized robotic hands.

New actuation and control technologies. A newly developed ultra-low-friction, high-load actuator achieves human-level adaptability and force-control performance. A motor-control algorithm integrating precise position control with force and stiffness control is applied to the actuator. Together with a gravity-compensated waist, the whole-body design enables safe interaction, high-load operation, and precision control.

Lightweight structure with high payload capacity. The hand is approximately 700 g, and the assembly from the shoulder down is about 5 kg, enabling agile, safe, and human-like motion. Across the full workspace, more than 3 kg can be handled with one hand, corresponding to the work capability of mid-size collaborative robots weighing over 20 kg.

Whole-body force control and interaction. As the first inherently compliant humanoid capable of force-based responses across the arms, fingers, and waist without force sensors, ALLEX enables safe yet dynamic interactions with people. By minimizing the sim-to-real gap, it is optimized for machine-learning-based training and also ensures autonomy and scalability.

WIRobotics places the establishment of technical leadership in the field of general-purpose humanoid platforms as a top priority based on ALLEX. Going forward, the company will expand ALLEX into a modular platform—supplying arms, hands, body, and leader systems individually or in combination—and build a foundation for commercialization through field demonstrations in various industries.

To promote the convergence of robotics and AI, the company is building an open innovation ecosystem. WIRobotics has formed a strategic partnership with RLWRLD, a physical AI startup, to develop ALLEX’s intelligence, and is collaborating with leading domestic and overseas research institutions and companies, including MIT, UIUC, UMass, KIST, and Maxon. The company plans to expand the distribution of research platforms and broaden global commercialization partnerships in stages.

“ALLEX goes beyond merely replicating human movement —it is the first robot that truly experiences and responds to the real world,” said Yong-Jae Kim, Co-CEO and CTO of WIRobotics. “From day one, we’ve developed technology for people. Building on the wearable robotics we introduced two years ago, our goal is to deliver by 2030 a general-purpose humanoid platform that anyone can use in everyday life. We will open a new era of general-purpose robotics where precision and flexibility coexist,”

About WIRobotics

Founded in June 2021 by four former engineers from Samsung’s Robotics Development Team, WIRobotics is a startup specializing in wearable and humanoid robots. Guided by the vision “Technology for People, Enhancing Quality of Life,” the company aims to realize the everyday adoption of robots beyond laboratories and industrial sites. WIRobotics developed the WIBS industrial back-support robot and the WIM daily mobility-assist robot, winning CES Innovation Awards in Robotics for two consecutive years (2024 and 2025). The company established Korea’s first Wearable Robot Gait Training Center and operates walking-health programs for the public. In March 2024, it raised KRW 13 billion in Series A funding to accelerate the popularization of wearable robots. Continuing R&D on safe, flexible robotic arms and hands and on bipedal locomotion, WIRobotics opened the Robot Innovation Hub in June 2024 to collaborate with research institutions in Korea and abroad.

 

LONGi Launches Lightweight Module, Officially Entering Low-Load Market

XI’AN, China, Aug. 18, 2025 /PRNewswire/ — As solar power becomes globally popularized, over 30% of rooftops still not suit to install solar panels due to load issues. Despite those owners eager for green transformation, most of them have to give up because of high reinforcement costs. On August 15, 2025, LONGi launched the Hi-MO X10 Light design Module, officially targeting the low-load C&I market.

Hi-MO X10 Light
Hi-MO X10 Light

The Hi-MO X10 Light design Module is based on HPBC 2.0 cell, maintaining excellent performance in safety, reliability, and high-efficiency, with a maximum efficiency of 24.8% and a maximum power of 560W. The module weighs 7.2KG/㎡, a reduction of over 30% compared to conventional modules.

Charles Jiang, President of LONGi DGBG, launched the lightweight module
Charles Jiang, President of LONGi DGBG, launched the lightweight module

Lighter, More cost saving, and Safer

On May 25, LONGi first launched this module in the Chinese market, leading the industry in lightweight design, convenient installation, and reliability.

Lighter: The Hi-MO X10 Light Design Module features multiple weight-reduction processes, weighing only 7.2KG/㎡, a 42% reduction from conventional Dual glass TOPCon modules. A 10,000㎡ rooftop can reduce the load by 34 tons. Preliminary estimates show this module could enable 1 billion square meters of factory rooftops worldwide to access green energy.

More cost saving: The Hi-MO X10 Light Design Module achieves a conversion efficiency of 24.8%, far exceeding 21.6% of other products. The power of a single module is 140W higher than conventional lightweight modules, and the overall BOS cost is reduced by 33%.

In the past, old factories always did not pre-reserve solar loads, so it is necessary to reinforce rooftops to install solar system. Take Chinese buildings as an example, the cost of reinforcing the “main structure+purlins” is as high as 0.5RMB yuan/W. For a 10,000㎡ rooftop, the reinforcement cost is approximately 500,000RMB yuan .

On the other hand, many such factories cannot carry out internal reinforcement work due to production continuity issues. For a 10,000㎡ rooftop, the entire process of roof reinforcement (surveying, designing, constructing, inspecting) and solar system installation takes about 42 days. Lightweight modules only take 8-10 days, saving both time and costs.

Safer: Although the weight of the Hi-MO X10 Light Design Module is reduced, its quality remains uncompromised. The module adds one-line welding ribbon on the back to form an efficient mechanical distribution, increasing the maximum bearing capacity by over 50% and reducing the deformation at the center of the module by 50%, effectively improving the module’s compression and bending resistance. Meanwhile, the thickness of the module frame is increased by 5%. With a special frame structure design, the overall mechanical strength is increased by 20%, which can inhibit frame distortion and deformation in case of strong winds or snow.

Dual-Protection Function: Anti-Fire and Anti-Shading

The Hi-MO X10 Light Design Module continues the Anti-shading function of the Hi-MO X10 series.

Anti-Fire: In case of local shading by bird droppings or leaves, this module can significantly reduce the hot-spot temperature under shadow, preventing overheating and fires. Laboratory and field tests show that under the same leaf shading, the local temperature of the Hi-MO X10 Light Design Module is only 80°C, greatly reducing the risk of fire.

Anti-Shading: According to the two-month empirical test by CGC Certification, under different shading conditions (full light without shading, simulated bird droppings, simulated shading in wind and solar hybrid fields), the average backplane temperature of HPBC 2.0 modules is 7.43°C lower than that of TOPCon modules. The lower operating temperature effectively prevents safety risks caused by local shading.

Leading Performance as Before

So far, there are more than ten types of lightweight or flexible modules on the market, but they are prone to lack reliability during long-term outdoor use. Yellowing, leading to reduced light transmittance and power degradation; deformation, which increasing the safety risks of electric leakage or short circuits; fires, with toxic gases such as hydrogen fluoride releasing.

Most lightweight modules based on PERC, TOPCon, and other technologies with a conversion efficiency of only about 21%. In terms of structure, most of the flexible modules have no frames, making them more prone to micro cracks. The adhesive installation method not only poses a risk of debonding during long-term use but also increases the difficulty of later maintenance.

The market has long awaited a lightweight module which is “lighter, more cost saving, and safer”.

Regarding the launch of this product, Jiang Dongyu, President of LONGi’s Distributed Business Group, said that LONGi has always adhered to the development philosophy of stability, reliability, and technological leadership even when facing the trend of “cost reduction” in the solar industry. “When the demand for cost reduction conflicts with the “reliability” of products, LONGi will firmly prioritizes reliability.” said Jiang Dongyu.

The launch of the Hi-MO X10 Light Design Module not only address the pain points of the low-load rooftop market, but also represents another implementation of LONGi’s ” scenario-based+ differentiated ” product strategy. In the future, LONGi will continue to drive “dual innovation” in solar technology and product R&D to create more scenario-based products and solutions.

U Power Announces Strategic Partnership with SAIC-Hongyan and UNEX EV to Deploy Battery-Swapping Compatible Heavy Trucks in Thailand and Beyond

Addressing the Demand for Green and Sustainable Transportation Solutions in the Logistics Industry

SHANGHAI, Aug. 18, 2025 /PRNewswire/ — U Power Limited (Nasdaq: UCAR) (the “Company” or “U Power”), a provider of AI-powered solutions for next-generation energy grids and intelligent transportation systems, building on its proprietary UOTTATM electric vehicle (EV) battery-swapping technology, today announced that it has signed a Memorandum of Understanding (“MOU”) with SAIC HONGYAN Automotive Co., Ltd (“SAIC Hongyan”), a company focused on the development, manufacture, sales and services of heavy trucks, and UNEX EV B.V. (“UNEX EV”), a new energy and technology company, to cooperate on the deployment of battery-swapping compatible electric heavy trucks initially in Thailand and explore similar expansion opportunities in additional markets.

The three parties will collaborate to deploy 3,000 electric heavy-duty tractors for long-haul transportation and 1,200 electric heavy-duty port-specific short-distance trucks in Thailand. This initiative aims to promote the adoption of green and sustainable commercial heavy trucks in Thailand. In addition, all parties have agreed to explore the expansion of this partnership into additional markets, including the broader Southeast Asia, Latin America, Europe, Hong Kong SAR and Macau SAR.

Pursuant to the MOU, U Power will lead the development and manufacture of compatible battery-swapping stations as well as provide related operational services. UNEX EV will be responsible for the adaption of SAIC Hongyan heavy trucks into battery swapping-enabled vehicles, developing of compatible battery modules, as well as promoting the sales of the heavy trucks in the Thailand market. SAIC Hongyan will supply heavy truck prototypes and provide the necessary technical support to ensure full compatibility between these adapted truck models and U Power’s smart battery-swapping stations.

Together, the three parties aim to address a rising need for green and renewable logistic solutions in Thailand, with a focus on servicing major highway transportation enterprises and container port operators that require terminal tractors.

Pitak Pruittisarikorn, CEO of UNEX EV, commented, “We are excited to deepen our collaboration with U Power and SAIC Hongyan to bring cutting-edge, battery-swapping compatible heavy-duty EV solutions to Thailand’s commercial transportation sector. This strategic partnership reflects our shared commitment to accelerating the global shift toward zero-emission logistics. By combining our deep local market insight and a global ecosystem of clean mobility technologies, we aim to pave the way for a scalable and sustainable heavy truck electrification model, not just for Thailand, but also for emerging logistics hubs across Southeast Asia and beyond.”

“Partnering with U Power and UNEX EV allows SAIC Hongyan to bring our robust heavy truck platforms into a new era of electrification and intelligent mobility,” said Ms. Xiong, General Manager of Overseas Sales at SAIC Hongyan. “Through compatibility with battery-swapping technology, we aim to deliver operational flexibility and enhanced efficiency to fleet operators in Thailand’s long-haul and port logistics industries. We look forward to jointly creating a benchmark for green, intelligent heavy-duty transport that can be replicated across more regions globally.”

Johnny Lee, CEO and Chairman of U Power commented, “We are pleased to expand our strategic partnership and scope of collaboration with SAIC and UNEX EV, two of U Power’s key allies in the development and manufacturing of battery-swapping compatible vehicles. Together, we identified a growing demand for sustainable transportation solutions within Thailand’s logistic industry. We believe our combined expertise positions us well to capitalize on this opportunity, enhance our presence in the Thailand market and further drive growth as we continue to build a battery-swapping ecosystem here. In July, we launched Southeast Asia’s first operational smart battery-swapping station on Phuket Island, Thailand. Earlier, in April 2025, in collaboration with UNEX EV and SAIC CP-MG, we successfully delivered the first batch of swappable electric vehicles for taxi and ride-hailing services on the island. We look forward to extending our collaboration in more regional markets.”

About SAIC HONGYAN Automotive Co., Ltd

SAIC Hongyan is the only heavy truck enterprise under SAIC Group (SSE: 600104). SAIC Hongyan is headquartered in Chongqing City, China, with more than 5,000 employees and an annual output of 120,000 vehicles. SAIC Hongyan has 300+ first-class heavy truck dealers, 1,000+ service providers, and global supply chain procurement of parts and components. SAIC Hongyan’s heavy truck series products are exported to more than 40 countries and regions in the Middle East, Africa, Central America and Southeast Asia.

About UNEX EV B.V.

Founded in the Netherlands, UNEX EV is a global pioneer in electric mobility innovation, dedicated to revolutionizing how industries move, specializing in designing and deploying a comprehensive ecosystem of battery-swapping electric vehicles—including passenger cars, commercial vehicles, two-wheelers, drones, and barges—paired with cutting-edge energy infrastructure and AI-driven fleet management systems. With regional hubs in Portugal, Peru, Mexico, Thailand, and China, UNEX EV’s solutions are transforming mobility challenges into opportunities.

About U Power Limited

U Power is a provider of comprehensive AI-integrated energy solutions that connect electric vehicles (EVs) with advanced energy infrastructure, optimizing both mobility and grid performance. Originally a distributor of various battery-swapping station models built on its proprietary modular battery-swapping technology UOTTA™, U Power has evolved into a provider of AI-integrated solutions for energy grids and transportation systems.

Through investments in next-generation technologies, U Power is building intelligent ecosystems that integrate resilient AI driven solutions able to transform EVs into dynamic energy assets. By incorporating AI algorithms, U Power’s comprehensive solutions for smart energy grids are designed to support autonomous EV driving, optimize energy replenishment efficiency, and seamlessly connect EV assets with advanced AI-powered transportation systems, enabling peak and off-peak energy load balancing.

For more information, please visit the Company’s website: https://www.upower-limited.com/.

Safe Harbor Statements

This press release contains “forward-looking statements”. Forward-looking statements reflect our current view about future events. These forward-looking statements involve known and unknown risks and uncertainties and are based on the Company’s current expectations and projections about future events that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Investors can identify these forward-looking statements by words or phrases such as “may,” “will,” “could,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “is/are likely to,” “propose,” “potential,” “continue” or similar expressions. The Company undertakes no obligation to update or revise publicly any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results, and encourages investors to review other factors that may affect its future results in the Company’s registration statements and other filings with the U.S. Securities and Exchange Commission. For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. References and links (including QR codes) to websites have been provided as a convenience, and the information contained on such websites is not incorporated by reference into this press release.

Contact 
U Power Limited 
Investor Relations Department
ir@upincar.com

The Equity Group
Lena Cati, Senior Vice President
212-836-9611 / lcati@theequitygroup.com 

Alice Zhang, Associate
212-836-9610 / azhang@theequitygroup.com  

NAVEE ST3 Pro Electric Scooter Wins Prestigious 2025 Innovation Award for Best Electric Scooter

SHENZHEN, China, Aug. 18, 2025 /PRNewswire/ — NAVEE’s flagship ST3 Pro electric scooter was named “Best Electric Scooter” at the Active Lifestyle Innovation Awards 2025 in early August, a respected international honor celebrating breakthrough consumer technology. The award is organized by Future, the global media group behind top tech publications such as Tom’s Guide, TechRadar, and Android Central.

The ST3 Pro, first released at CES 2025, is engineered for smooth, efficient, and safe commuting. Its Advanced Damping Arm™ Suspension Technology features a dual-sided suspension system with four polymer damping arms, dramatically reducing road vibrations and providing the most comfortable riding experience over cobblestones, uneven pavements, and urban speed bumps.

Powered by a 600W rated motor (up to 1350W peak) and a 48V 12.75Ah battery, the scooter offers a maximum range of 46.6 miles (75 km) and a top speed of 25 mph (40 km/h). Its 28% climbing ability ensures confident performance on steep inclines, while the foldable design and intuitive controls make it ideal for daily use in busy city environments. Additional safety features include front drum and rear disc brakes with EABS, high-visibility lighting, and a durable frame built to withstand varied road conditions.

NAVEE ST3 Pro Electric Scooter
NAVEE ST3 Pro Electric Scooter

This blend of performance, comfort, and safety impressed the Innovation Awards judges, who evaluate entries on design, performance, sustainability, and user experience. Winning this award highlights NAVEE’s commitment to delivering high-quality, cutting-edge urban mobility solutions, and further establishes the ST3 Pro as a top choice for riders seeking premium performance and reliability.

The ST3 Pro is available through NAVEE’s official sales channels, including the Official Store and Amazon Store. It is also sold in 17 independent physical stores across cities such as New York, California, and New Jersey, as well as at major retailers like Best Buy, Target, and Walmart.

Beyond electric scooters, NAVEE is an emerging brand reshaping short-distance transportation. Known for blending innovation with lifestyle design, NAVEE is also exploring specialized mobility products. The company just debuted the Birdie 3 Series golf push cart — a 4+1-wheel configuration model equipped with 11-inch all-terrain rear wheels, tailored for stability and ease of maneuverability on golf courses.

About NAVEE

NAVEE is a leading brand in the electric mobility sector, offering a wide range of products that combine cutting-edge technology, high-quality design, and sustainability. For more information, please visit https://naveetech.us/