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PolyU establishes Otto Poon Research Institute for Climate-Resilient Infrastructure with support from Otto Poon Charitable Foundation

Driving innovative solutions to tackle climate change and extreme weather challenges


HONG KONG SAR – Media OutReach Newswire – 2 April 2025 – The Hong Kong Polytechnic University (PolyU) has established the Otto Poon Research Institute for Climate-Resilient Infrastructure (RICRI), a pioneering strategic research institute focused on global climate change, with the staunch support of the Otto Poon Charitable Foundation. The Research Institute aims to be a global leader in the research and development of resilient and sustainable solutions for urban areas and rural communities to mitigate the challenges brought about by global climate change. PolyU held an Opening Ceremony and Forum today at Hotel ICON that drew nearly 300 participants, including faculty members, students and industry experts.

With the generous support of the Otto Poon Charitable Foundation, PolyU has established the Otto Poon Research Institute for Climate-Resilient Infrastructure. The opening ceremony was officiated by Ir Dr Otto Poon, Founder of the Otto Poon Charitable Foundation and PolyU University Fellow (5th from right); Mr Tse Chin-wan, Secretary for Environment and Ecology of the HKSAR Government (5th from left), Prof. Jin-Guang Teng, President of PolyU, (4th from left); Prof. Wing-tak WONG, Deputy President and Provost of PolyU (4th from right); Prof. Miranda LOU, Executive Vice President (3rd from left); Mr CHEN Yulin, Director of Department of Educational, Scientific and Technological Affairs of the Liaison Office of the Central People’s Government in the HKSAR (3rd from right); Ir Prof. Frank CHAN (2nd from right) and Dr Andrew CHAN (2nd from left), both Steering Committee Members of RICRI; Prof. Christopher CHAO, Vice President (Research and Innovation) of PolyU (1st from left); and Prof. Xiang-dong Li, Director of RICRI (1st from right).
With the generous support of the Otto Poon Charitable Foundation, PolyU has established the Otto Poon Research Institute for Climate-Resilient Infrastructure. The opening ceremony was officiated by Ir Dr Otto Poon, Founder of the Otto Poon Charitable Foundation and PolyU University Fellow (5th from right); Mr Tse Chin-wan, Secretary for Environment and Ecology of the HKSAR Government (5th from left), Prof. Jin-Guang Teng, President of PolyU, (4th from left); Prof. Wing-tak WONG, Deputy President and Provost of PolyU (4th from right); Prof. Miranda LOU, Executive Vice President (3rd from left); Mr CHEN Yulin, Director of Department of Educational, Scientific and Technological Affairs of the Liaison Office of the Central People’s Government in the HKSAR (3rd from right); Ir Prof. Frank CHAN (2nd from right) and Dr Andrew CHAN (2nd from left), both Steering Committee Members of RICRI; Prof. Christopher CHAO, Vice President (Research and Innovation) of PolyU (1st from left); and Prof. Xiang-dong Li, Director of RICRI (1st from right).

RICRI brings together a distinguished collaborative network of renowned experts from Mainland institutions including Tsinghua University, Nanjing University and Beijing Normal University, alongside Hong Kong government departments and industry partners. The Research Institute will serve as an interdisciplinary research platform to build an effective and integrated scientific think-tank, aiming to foster deep integration across government, industry, academia and research for the advancement and application of sustainable development in Hong Kong, the Nation and the world.

In his welcoming remarks, Prof. Jin-Guang TENG, President of PolyU, said, “The establishment of RICRI represents a landmark milestone in PolyU’s endeavour to address the urgent realities of climate change. This visionary initiative has been made possible through the generous support of the Otto Poon Charitable Foundation, and we are deeply grateful to Dr Otto Poon for his strong support and commitment to advancing research and innovation in climate resilience. Dr Poon is an outstanding alumnus of PolyU, a University Fellow, and has been a long-standing supporter of PolyU’s development, empowering our University to make significant contributions for the betterment of society.”

Ir Dr Otto POON, Founder of the Otto Poon Charitable Foundation and PolyU University Fellow, said during the ceremony, “Climate change is becoming an increasingly severe global challenge. All sectors of society must work together to enhance infrastructure resilience through scientific research and innovative technologies. I am pleased to support the establishment of RICRI and hope it will become a world-leading research centre for climate-adaptive resilient infrastructure in both urban and suburban areas, the promotion of innovation, exchange of policy development, and establishment of guidelines, standards and good practices of infrastructures for Hong Kong, the Nation and the global community.”

Speaking at the event, Mr TSE Chin-wan, the Secretary for Environment and Ecology, outlined the Government’s strategies and measures to achieve carbon neutrality by 2050, along with efforts to enhance climate adaptation and resilience. He also highlighted advancements in green technology and finance. He said, “Building a climate-resilient city is important—not only for protecting our properties but also our lives. As we celebrate the establishment of RICRI, let us work together to build a climate-resilient Hong Kong and a new ecological civilisation for us and our children.”

RICRI is led by Prof. Xiang-dong LI, PolyU Dean of the Faculty of Construction and Environment, Chair Professor of Environmental Science and Technology, and Ko Jan Ming Professor in Sustainable Urban Development. The Institute focuses on four key research areas: climate change and extreme weather; urban infrastructure and resilience; rural community and disaster mitigation; climate-resilient policy and implementation.

The forum held alongside the inauguration explored a wide range of topics, including: monitoring and prediction of extreme climate events in Hong Kong and surrounding regions; monitoring and adaptation of civil infrastructure towards resilience; urban resilience enhancement for energy-building-transport-water sector synergization toolbox; nature-based solutions for urban infrastructure resilience and water disaster management; resilience of rural infrastructure and communities to climate change; and intelligent platform and toolbox for urban infrastructure resilience.

In support of the University’s research endeavours in the areas of smart city and sustainable energy, the Otto Poon Charitable Foundation has in recent years contributed to the establishment of two research institutes at the University — the Otto Poon Charitable Foundation Smart Cities Research Institute (SCRI) and the Otto Poon Charitable Foundation Research Institute for Smart Energy (RISE) — as well as two endowed professorships for related disciplines. The establishment of RICRI further strengthens PolyU’s research capabilities in climate adaptation and infrastructure resilience, advancing the pursuit of sustainable development.

RICRI will offer research schemes and funding support in the field of climate-resilient infrastructure, including the Climate-Resilient Infrastructure Distinguished Lecture Series (CRIDLS), the Climate-Resilient Infrastructure Fellowship (CRIF) and the Climate-Resilient Infrastructure Research Scheme (CRIRS).
Hashtag: #PolyU #Climate-ResilientInfrastructure #GlobalWarming #ClimateChange #research #sustainablility

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

NYSE Content Advisory: Pre-Market Update and Lynn Martin announced as a jury president for Money20/20’s global fintech awards

NEW YORK, April 2, 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.

 

Pre-Market Update and Lynn Martin announced as a jury president for Money20/20’s global fintech awards

 

Kristen Scholer delivers the pre-market update on April 2nd

  • SmartStop Self Storage (NYSE:SMA), the operator of self-storage facilities in the United States and Canada, is debuting today on the New York Stock Exchange.
  • While IPOs and President Donald Trump’s tariffs remain in the spotlight, economic data this week is also ramping up with the ADP private payrolls figure showing economists anticipated 120,000 jobs were added last month up from 77,000 jobs in February.
  • This morning, Money20/20 named NYSE President Lynn Martin as the diamond category jury president for The Money Awards, its inaugural global awards to recognize the companies shaping the future of financial services.

Watch NYSE TV Live every weekday 9:00-10:00am ET 

Video – https://mma.prnasia.com/media2/2656463/NYSE_Market_Update_April_2.mp4

Hang Lung Properties and Tsinghua University Mark 15 Years of Impactful Partnership on Sustainable Urban Futures

The Hang Lung Center for Real Estate at Tsinghua University celebrates significant achievements in driving innovation in real estate and creating a greener future


HONG KONG SAR & SHANGHAI, CHINA – Media OutReach Newswire – 2 April 2025 – Hang Lung Properties Limited (SEHK stock code: 00101) (the “Company” or “Hang Lung”) is marking 15 years of successful and innovative partnership with Tsinghua University, a significant milestone in a collaboration that began in 2010. This alliance has emerged as one of the leading Asia-based partnerships in the real estate sector, uniting business and academia and playing a crucial role in shaping the industry’s development in mainland China.

Mr. Weber Lo, Chief Executive Officer of Hang Lung Properties (second from the right), Professor Yang Bin, Deputy Director of the Tsinghua University Council and Executive Committee Director of the Hang Lung Center for Real Estate (middle), Professor Liu Hongyu, Deputy Director of the Management Committee of the Hang Lung Center for Real Estate (second from the left), Professor Wu Jing, Director of the Hang Lung Center for Real Estate (first from the left), and Mr. John Haffner, Deputy Director - Sustainability, Hang Lung Properties (first from the right)
Mr. Weber Lo, Chief Executive Officer of Hang Lung Properties (second from the right), Professor Yang Bin, Deputy Director of the Tsinghua University Council and Executive Committee Director of the Hang Lung Center for Real Estate (middle), Professor Liu Hongyu, Deputy Director of the Management Committee of the Hang Lung Center for Real Estate (second from the left), Professor Wu Jing, Director of the Hang Lung Center for Real Estate (first from the left), and Mr. John Haffner, Deputy Director – Sustainability, Hang Lung Properties (first from the right)

To commemorate this anniversary, a Forum on Sustainable Development of Cities and Real Estate Cum 15th Anniversary of The Hang Lung Center for Real Estate at Tsinghua University (“the Center”) was held today, bringing together industry leaders, academics, and policymakers to share insights on how to shape the future of the sector. Keynote speakers at the roundtable discussion included Mr. Chai Qiang, President of the China Institute of Real Estate Appraisers and Agents, and Ms. Liu Lin, Former Director and Researcher of the Real Estate Department at the Investment Research Institute of the National Development and Reform Commission. Around 3,000 participants, including industry association representatives, business partners, Tsinghua professors and students, and national media also attended this landmark hybrid event.

Mr. Weber Lo, Chief Executive Officer of Hang Lung Properties, commented, “2025 also marks the 65th anniversary of Hang Lung Group—a significant milestone that highlights our enduring partnership with Tsinghua University. Through this collaboration, the Center has established itself as a foremost source of research insights for China’s real estate sector, with over 500 published papers demonstrating its impact on academia and industry. I extend my sincere appreciation to the Center for its valuable contribution. Hang Lung will continue to collaborate with Tsinghua University to advance sustainable real estate development, technological innovation, and talent cultivation, collectively supporting society’s sustainable growth.”

Mr. Weber Lo, Chief Executive Officer of Hang Lung Properties delivered the opening speech at the “Forum on Sustainable Development of Cities and Real Estate Cum 15th Anniversary of The Hang Lung Center for Real Estate, Tsinghua University”
Mr. Weber Lo, Chief Executive Officer of Hang Lung Properties delivered the opening speech at the “Forum on Sustainable Development of Cities and Real Estate Cum 15th Anniversary of The Hang Lung Center for Real Estate, Tsinghua University”

In his opening remarks, Professor Yang Bin, Deputy Director of the Tsinghua University Council and Executive Committee Director of the Hang Lung Center for Real Estate, said, “Since its establishment, the Center remains committed to deepening the integration of industry, academia and research. Leveraging Tsinghua University’s comprehensive strengths across multiple disciplines, the Center has continued to drive innovation in the real estate sector, achieved significant research outputs, and upholding its prominent academic influence in the industry. As the country advances toward its ‘dual carbon’ goals and rising demand for high-quality housing, the Center will continue to serve as a think tank and an accelerator. We will enhance strategic collaborations with industry partners, offering forward-looking insights to support the quality development of China’s real estate industry, and contributing Chinese wisdom to the sustainable development of global cities.”

The event featured a distinguished lineup of experts from industry associations, academia, and leading enterprises, who participated in two roundtable discussions — “Emerging Trends in Real Estate Development” and “Carbon Reduction and Green Building Development in Real Estate.” They shared valuable insights and practical experiences, offering new perspectives for the future of the industry

The event featured a distinguished lineup of experts from industry associations, academia, and leading enterprises, who participated in two roundtable discussions — “Emerging Trends in Real Estate Development” and “Carbon Reduction and Green Building Development in Real Estate.” They shared valuable insights and practical experiences, offering new perspectives for the future of the industry
The event featured a distinguished lineup of experts from industry associations, academia, and leading enterprises, who participated in two roundtable discussions — “Emerging Trends in Real Estate Development” and “Carbon Reduction and Green Building Development in Real Estate.” They shared valuable insights and practical experiences, offering new perspectives for the future of the industry

Hang Lung Properties has also donated more than RMB 33 million over the past 15 years to promote the development of Tsinghua University’s real estate discipline and provide targeted support for the Center to carry out academic research and exchanges. Since its inception in 2010, it has established its academic and industry influence through contributions to prestigious national and international journals. The Center’s industry impact is evident at events like the Asia Pacific Real Estate Research Symposium, attended by nearly 700 professionals and scholars, as well as over 90 Hang Lung Real Estate Seminars featuring global experts.

In 2023, the partnership developed a deeper focus on sustainability, proptech innovations, and talent cultivation. This was underscored by the launch of the “Sustainable Real Estate Research Scheme,” an initiative promoting research on green buildings, low-carbon development, and smart cities.

Looking to the future, Hang Lung is committed to strengthening ties with industry leaders, academics, policymakers, and government stakeholders. Together with Tsinghua University, it aims to continue pioneering research and solutions that address the evolving challenges and opportunities in sustainable urban development across Mainland China.

Mr. John Haffner, Deputy Director of Sustainability at Hang Lung Properties, presented Hang Lung’s discussion paper titled “Our Journey to Net Zero: Our Scenarios and Actions to Reduce Greenhouse Gas Emissions to 2050.” He outlined the company’s key actions and strategic planning aimed at achieving net zero carbon emissions by 2050
Mr. John Haffner, Deputy Director of Sustainability at Hang Lung Properties, presented Hang Lung’s discussion paper titled “Our Journey to Net Zero: Our Scenarios and Actions to Reduce Greenhouse Gas Emissions to 2050.” He outlined the company’s key actions and strategic planning aimed at achieving net zero carbon emissions by 2050

Note to Editors:

Hang Lung’s sustainability achievements:

With support from top management and a long-term vision, Hang Lung aims to become one of the most sustainable real estate companies in the world. Through clear and measurable sustainability goals, including 25 Targets to be achieved by 2025, 2030 Sustainability Goals and Targets, and net zero targets validated by the Science Based Targets initiative (SBTi), the Company has gained recognition from stakeholders for its pioneering sustainability initiatives in real estate. Hang Lung obtained more than 45 ESG awards in 2024.

The Company is on the CDP “Corporate A List,” with an “A” rating for Climate Change and an “A-” rating for Water Security. Since 2021, Hang Lung has received a 4-star performance rating for standing investments from the Global Real Estate Sustainability Benchmark (GRESB), and maintained an “AA” rating in the MSCI ESG Ratings assessment and a “low ESG risk” rating from Sustainalytics. The Company has also been a constituent stock of the FTSE4Good Index Series and the Hang Seng Corporate Sustainability Index (Mainland and Hong Kong) since 2021 and 2010 respectively.

Hang Lung has also demonstrated its sustainability leadership in renewable energy, low carbon construction and tenant partnerships. Since April 2024, 50% of Hang Lung’s operating properties in mainland China have been powered by renewable energy. For low carbon construction, Plaza 66 Pavilion Extension’s building structure in Shanghai is Hang Lung’s first Mainland project to use almost 100% low carbon emissions steel. And the Company has partnered with 49 tenants representing 11% of its total leasable area on sustainability initiatives through its nationwide Changemakers Program for all tenants, and its first-of-its-kind sustainability collaboration with LVMH Group in 2022.

For more details, please visit www.hanglung.com/en-us/sustainability.

Hashtag: #HangLungProperties

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

About Hang Lung Properties

Hang Lung Properties Limited (SEHK stock code: 00101) creates compelling spaces that enrich lives. Headquartered in Hong Kong, Hang Lung Properties develops and manages a diversified portfolio of world-class properties in Hong Kong and the nine Mainland cities of Shanghai, Shenyang, Jinan, Wuxi, Tianjin, Dalian, Kunming, Wuhan and Hangzhou. With its luxury positioning under the “66” brand, the company’s Mainland portfolio has established its leading position as the “Pulse of the City”. Hang Lung Properties is also recognized for leading the way in enhancing sustainability initiatives in the real estate industry, all the while pursuing sustainable growth by connecting customers and communities.

At Hang Lung Properties – We Do It Well.

For more information, please visit .

Massimo Motor Launches New Online Sales Platform, Ushering in a New Era of Powersports Digital Retail

With the rollout of this new platform, Massimo anticipates a significant increase in its annual sales.

GARLAND, Texas, April 2, 2025 /PRNewswire/ — Massimo Motor (NASDAQ: MAMO), a leading U.S. manufacturer and distributor of powersports vehicles, today announced the official launch of its new online sales platform. This strategic initiative marks a significant milestone in Massimo’s digital transformation, offering customers a seamless and efficient online shopping experience while positioning the company for robust sales growth in 2025 and beyond.

The launch represents a pivotal move in expanding Massimo’s national sales channels and enhancing customer convenience. By integrating digital technologies with its trusted local dealer network, Massimo is now able to deliver its high-quality UTVs, ATVs and other vehicles directly to consumers across the country, overcoming the limitations of traditional brick-and-mortar sales models.

End-to-End Digital Retail Experience Fuels Growth Potential

The platform offers a comprehensive one-stop solution for powersports buyers, streamlining every step of the process—from financing applications and instant loan approvals to title processing, tax handling and transparent checkout. Customers can now seamlessly complete their purchases online, streamlining the process and eliminating paperwork and delays.

With the rollout of this new platform, Massimo anticipates a significant increase in annual sales. The company expects a sharp rise in market penetration, driven by the convenience of online access and the ability to reach customers nationwide. Meanwhile, local dealers remain a vital part of the ecosystem, providing support and service options for customers who prefer localized assistance.

Strengthening National Distribution Channels

The online platform not only enhances convenience for end-users but also reinforces Massimo’s nationwide distribution strategy. Shoppers can browse the latest models, request quotes and place orders directly through the website, then choose local dealers for vehicle pickup or after-sales support—seamlessly blending the digital and physical retail experience.

Shaping the Future of Vehicle Ownership

“At Massimo, we are committed to putting our customers first through constant innovation and forward-thinking,” said David Shan, CEO of Massimo Motor. “We believe digital retail is the future of the powersports industry. This platform enables a new level of accessibility, efficiency, and growth that benefits both our customers and our dealers.”

Massimo’s platform launch is a testament to the company’s continued investment in expanding product availability, improving customer satisfaction and strengthening its brand presence nationwide. The new digital solution is expected not only to accelerate sales growth but also to set a new benchmark for innovation in the powersports industry.

About Massimo Motor

Massimo Motor is one of America’s leading manufacturers of powersports products. Headquartered in Texas, the company offers a full lineup of UTVs, ATVs, and mini bikes built for outdoor adventure. Massimo is dedicated to providing high-performance, reliable, and affordable vehicles for consumers across the United States.

For more information, please visit www.MassimoMotor.com.

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of the federal securities laws with respect to Massimo. All statements other than statements of historical facts contained in this press release, including statements regarding Massimo’s future results of operations and financial position, Massimo’s business strategy, prospective costs, timing and likelihood of success, plans and objectives of management for future operations, future results of current and anticipated operations of Massimo are forward-looking statements. In some cases, forward-looking statements can be identified because they contain words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “predict,” “project,” “target,” “potential,” “seek,” “will,” “would,” “could,” “should,” “continue,” “contemplate,” “plan,” and other words and terms of similar meaning. These forward-looking statements are subject to a number of risks, uncertainties and assumptions, including, but not limited to, risks relating to Massimo which may be affected by, among other things, competition, the ability of the combined company to grow and manage growth economically and hire and retain key employees; costs; changes in applicable laws or regulations; the possibility that Massimo may be adversely affected by other economic, business, and/or competitive factors; and other risks and uncertainties, including those under “Risk Factors” in filings with the SEC made by Massimo. Moreover, Massimo operates in very competitive and rapidly changing environments. Because forward-looking statements are inherently subject to risks and uncertainties, some of which cannot be predicted or quantified and some of which are beyond Massimo’s control, you should not rely on these forward-looking statements as predictions of future events. Forward-looking statements speak only as of the date they are made. No assurance can be given regarding the forward-looking statements, and actual results may differ materially from those as indicated. Massimo undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Contact:

Company
Dr. Yunhao Chen 
Chief Financial Officer
Massimo Group 
ir@massimomotor.com 

Corporate Communications

IBN Austin, Texas
www.InvestorBrandNetwork.com
512.354.7000
Editor@InvestorBrandNetwork.com

 

Alternative Payment Methods Set to Increase by 170% Driven by a Surge in Domestic Digital Wallets, Instant and QR Payments

Domestic APMs are outpacing international APMs to become the primary way for emerging markets to interact in the digital payment world

NEW YORK, April 2, 2025 /PRNewswire/ — According to global intelligence firm ABI Research, the total combined worldwide value of transactions for the APM market (digital wallets, instant payments, and QR payments) will reach US$ 142 trillion by the end of 2030. This exponential growth is driven by an increasing number of countries looking for financial sovereignty rather than relying on international players.

“Growth of APMs in domestic markets is being galvanized by economies transitioning from cash to digital payments, like those in East Asia and Latin America. This drive is due to these economies not having to integrate an existing card-dominated payment ecosystem into their digital platform. Instead, they can start fresh from the ground up, which has led to an innovation-driven ecosystem and the rise of a richer shopping experience through super apps, as well as creating an opportunity to foster interoperability between domestic networks in other markets,” explains Ash Robinson, Analyst at ABI Research.

An estimated 45% of people globally used a digital wallet in 2024. China had the highest digital wallet usage, with 95% of people using WeChat (a Chinese Super app) in 2024. At the end of 2025, instant payments will total US27.94 trillion in transaction value, with this growth being driven heavily by Pix (Brazil) and UPI (India) as both platforms transition from an Instant Payment-only platform to one encompassing QR payments and wider digital wallet usage. In 2024, two-thirds of all global online payments were conducted through domestic Alternative Payment Methods (APMs), highlighting their increasing preference for online transactions.

“While niche in Europe and North America, QR payments have seen a large boom in cash-dominated markets in Asia-Pacific, making up most of the US$5.4 trillion of processed transactions. Like digital wallets, they offer substantially more than just the ability to process payments. Platforms like WeChat offer chat services and social media tied into their payment functions, creating a more community-based payment ecosystem than what is traditionally found in QR payment systems in Europe and North America,” Robinson concludes.

These findings are from ABI Research’s The Rise of Domestic Alternate Payment Systems report. This report is part of the company’s Digital Payment Technologies research service, which includes research, data, and ABI Insights.

About ABI Research

ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers.

ABI Research是一家全球性的技术情报公司,拥有得天独厚的优势,充当终端市场公司和技术解决方案提供商之间的桥梁,通过提供独家研究和专业性指导,推动成功的技术实施和提供经证明可吸引和留住客户的战略,无缝连接这两大主体。

For more information about ABI Research’s services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com.

Contact Info

Global       
Deborah Petrara     
Tel: +1.516.624.2558                 
pr@abiresearch.com           

Former President Khamtai Siphandone Passes Away at 101

Khamtai Siphandone (Photo: HOANG DINH NAM / AFP)

The Former President of Laos, Khamtai Siphandone, passed away at the age of 101 at his home in Vientiane Capital on 2 April. From 3 to 7 April, the country will enter a period of mourning from 8:30 AM to 12:00 PM and 2:00 PM to 5:00 PM at the National Convention Centre.

During this period, all activities, parties, and sports competitions are prohibited.

The funeral will be held at That Luang Ground on 7 April, starting at 1:00 PM.

BingX Launches StakeStone Launchpool to Unlock Staking and Cross-Chain Liquidity

PANAMA CITY, April 2, 2025 /PRNewswire/ — BingX, a global leading cryptocurrency exchange, is excited to introduce StakeStone (STO) to the BingX Launchpool, offering its users a zero-fee staking experience with real-time earnings visibility and flexible withdrawal options. Running from April 2 to April 7, this initiative provides a gateway to decentralized, cross-chain liquidity while maximizing rewards.

BingX Launches StakeStone Launchpool to Unlock Staking and Cross-Chain Liquidity
BingX Launches StakeStone Launchpool to Unlock Staking and Cross-Chain Liquidity

StakeStone is a decentralized omnichain liquidity infrastructure protocol designed to improve liquidity distribution across blockchain networks. Utilizing its omnichain architecture, StakeStone optimizes yield generation, streamlines liquidity provisioning, and enhances asset management. Backed by investors like BingX Labs, an innovation hub dedicated to identifying and empowering promising blockchain projects, StakeStone enhances liquidity distribution across multiple blockchain ecosystems through its proprietary Omnichain Liquidity Layer.

With StakeStone Launchpool on BingX, users can earn sustainable yields while maintaining full flexibility. Key benefits include instant earnings tracking, hassle-free redemption without lock-ups, and exclusive USDT rewards for both new participants and referral-based deposits. This integration simplifies asset management while offering superior yield optimization for DeFi users.

“At BingX, we are always looking for ways to break down barriers and unlock new opportunities for our users,” said Vivien Lin, Chief Product Officer of BingX. “By bringing StakeStone to our Launchpool, we are introducing a more seamless, cost-efficient staking model that empowers our users to maximize yields while benefiting from cross-chain liquidity solutions. This partnership aligns with our vision of making DeFi more accessible, efficient, and rewarding for our global community.”

BingX’s collaboration with StakeStone reflects its ongoing commitment to innovation in DeFi and cross-chain liquidity. As blockchain ecosystems become increasingly interconnected, BingX continues to expand its support for projects that solve critical liquidity fragmentation issues and enhance asset utility. The StakeStone Launchpool is part of BingX’s broader strategy to provide users with cutting-edge decentralized finance solutions, reinforcing its position as a leader in the next phase of DeFi evolution.

About BingX 

Founded in 2018, BingX is a leading crypto exchange, serving over 20 million users worldwide. BingX offers diversified products and services, including spot, derivatives, copy trading, and asset management – all designed for the evolving needs of users, from beginners to professionals. BingX is committed to providing a trustworthy platform that empowers users with innovative tools and features to elevate their trading proficiency. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports.

For more information please visit: https://bingx.com/

Dahua Technology Releases 2024 ESG Report: Pioneering Sustainable Innovation for a Smarter, Greener Future

HANGZHOU, China, April 2, 2025 /PRNewswire/ — Dahua Technology, a world-leading video-centric AIoT solution and service provider, has officially released its 2024 Environmental, Social, and Governance (ESG) Report. Marking the first year of its new journey beyond three decades of growth, this report underscores Dahua’s steadfast commitment to Technology for Good, Green Transition, Product Responsibility, Community Engagement, and Corporate Governance.

Marking the first year of its new journey beyond three decades of growth, this report underscores Dahua’s steadfast commitment to Technology for Good, Green Transition, Product Responsibility, Community Engagement, and Corporate Governance.
Marking the first year of its new journey beyond three decades of growth, this report underscores Dahua’s steadfast commitment to Technology for Good, Green Transition, Product Responsibility, Community Engagement, and Corporate Governance.

Technology for Good: Empowering Industries and Communities with AIoT

Dahua continues to drive innovation with AIoT, accelerating digital transformation and creating value across industries:

  • Industrial Intelligence: Enhanced digitalization in photovoltaic plants and petrochemical facilities, boosting operational efficiency and safety through AIoT solutions.
  • Biodiversity Conservation: Developed over 1,000 species recognition algorithms, with smart monitoring systems covering 10,000+ kilometers of waterways nationwide to help safeguard fragile ecosystems.
  • Urban Resilience: Addressed urban operation challenges such as highway image glare and municipal infrastructure management using AIoT, enhancing public safety and resource allocation worldwide.
  • Social Welfare: Deployed smart public housing platforms and digital education systems to bridge gaps in healthcare, education, and social services.

Green Transition: Advancing Carbon Reduction and Energy Efficiency

Sustainability is embedded in Dahua’s operations, with ongoing efforts to reduce carbon emissions through green innovation, energy conservation, and circular practices:

  • Eco-friendly Product Development: Conducted product carbon footprint assessments and optimized the packaging of over 30 products, reducing plastic waste by 20 tons annually.
  • Energy-Efficient Solutions: Developed solar-powered camera system (annual energy savings of 180,000 kWh per 10,000 units), along with 22KW and 7KW EV charging solutions to support energy conservation.
  • Renewable Energy Utilization: Expanded solar power generation, with a 7.25 MW rooftop photovoltaic system producing over 8 million kWh of electricity by the end of 2024.
  • Smart Warehousing: Increased the use of AGVs and expanded lights-out warehouse space by 5,000 sqm, improving overall efficiency by 34% while saving approximately 38,500 kWh of energy annually.

Product Responsibility: Strengthening Security, Quality, and Compliance

Dahua upholds the highest standards in product security, quality, and compliance. In 2024, Dahua:

  • Obtained ISO/IEC 27001 for Information Security Management and ISO/IEC 27701 for Privacy Information Management.
  • Achieved a 98.39% customer satisfaction rate and maintained a zero-product recall record related to safety or quality issues.
  • Enforced stringent supply chain management practices in accordance with ISO 28000, ensuring responsible sourcing and sustainability compliance among suppliers.

Community Engagement: Enhancing Employee Well-Being and Social Impact

Dahua fosters an inclusive and supportive work environment while actively contributing to social welfare initiatives:

  • Employee Development: Provided an average of 24.7 training hours per employee annually, with 100% labor union coverage for workforce support.
  • Global Social Initiatives: Supported education projects in Indonesia, disaster relief in Kazakhstan, and cultural preservation efforts through digital solutions.
  • Volunteer Programs: Expanded corporate social responsibility efforts, with Dahua employees contributing over 2,000 service hours to public welfare projects.

Corporate Governance: Upholding Ethical and Sustainable Business Practices

Dahua continues to refine its corporate governance framework, ensuring robust compliance, risk management, and ethical business operations:

  • Obtained ISO 37301 certification for compliance management, reinforcing its commitment to regulatory adherence.
  • Achieved 100% anti-corruption training coverage among employees, strengthening ethical business practices company-wide.

Looking Ahead: A Smarter and More Sustainable Future

Dahua remains dedicated to integrating ESG principles into its long-term strategy, leveraging technological innovation to drive environmental responsibility, product security, and social impact. With a firm commitment to sustainable development, the company aims to foster a smarter, greener, and more secure world.

For more information, please visit the official Dahua ESG Report 2024.