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Lianlian DigiTech’s H1 2025 Revenue grew 26.8%, a Record High, Net Profit Tops RMB 1.51 Billion

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HANGZHOU, China, Aug. 26, 2025 /PRNewswire/ — Lianlian DigiTech Co., Ltd. (HKEX: 2598), a leader in China’s digital payment solution market and global commerce digitalization, today reported interim results for the six months ended June 30, 2025. 

  • Total transaction payment volume (TPV) of the digital payment business reached RMB 2.07 trillion, a year-on-year increase of 32.0%. Global TPV reached RMB 198.5 billion, a year‑on‑year increase of 94.0%.
  • Total revenue amounted to a record high of RMB 782.7 million, growing 26.8% year-on-year.
  • Gross profit was RMB 406.2 million, gross profit margin stayed steady at 51.9%.
  • Expenses including spending on various strategic projects including web3 initiatives dropped by 6.5 percentage points (excluding share-based compensation and listing expenses).
  • Net profit reached RMB 1.51 billion, driven by an 85% increase of operational income to 63.0 million and a net gain of RMB1.6 billion from the disposal of the Company’s equity interest in Express (Hangzhou) Technology Services Co., Ltd. (LianTong).

Mr. Xin Jie, CEO of Lianlian DigiTech, commented, “In the first half of 2025, we maintained strong momentum operationally, with all business lines delivering solid growth. Our revenues from global payments, domestic payments, and value-added services all grew by over 20%. Strong synergies between our domestic and global payment businesses steadily expanded overall transaction volume. Our performance is supported by 65 payment licenses worldwide, a robust compliance framework, and over two decades of experience serving global SMEs and merchant customers. Looking ahead, we will continue to leverage our global compliance network to make our “internal and external coordination” mechanism even more effective, further enhancing our core competitiveness in cross‑border payments and value‑added services.”

Ms. Wei Ping, CFO of Lianlian DigiTech, said, “In the past six months, Lianlian DigiTech has significantly enhanced operational efficiency through refined management and continuous innovation. We systematically optimized our cost structure and leveraged economies of scale to successfully reduce the proportion of major expenses to revenue. These efforts have enabled us to maintain sustainable profitability while continue to invest in strategic initiatives, keeping us well ahead of the competition. Looking ahead, we will continue to innovate and deepen our strategic presence to deliver greater returns to our shareholders.”

During the first half of 2025, Lianlian DigiTech continued to deepen the global strategic presence, enabling cross-border e-commerce merchants and other business clients across diverse industries to achieve real-time multi-currency settlement and global payouts, streamline treasury operations, and reduce operating costs. For the period, total payment volume (TPV) from the global payment business reached RMB 198.5 billion, up 94.0% year-on-year, while total revenue rose to RMB 472.8 million, a 27.0% year-on-year increase. As of June 2025, the Company had served a total of more than 7.9 million customers worldwide.

Lianlian DigiTech continued to achieve strong growth in its domestic payment business as the Company deepens its comprehensive industry payment solutions, empowering the end-to-end digital transformation of upstream and downstream participants across the industrial value chain. Regarding value-added services, the Company’s digital marketing solutions further expanded their ecosystem footprint.

During the period, the Company’s domestic payment business achieved a TPV of RMB 1.87 trillion, representing a year-on-year increase of 27.6%, and generated revenue of RMB 211.2 million, an increase of 24.6%. Revenue from value-added services also grew steadily to RMB 89.6 million, a year-on-year increase of 34.2%.

The Company continued to enhance operational efficiency, with initial results from cost optimization beginning to emerge. On a non‑IFRS basis, selling and marketing expenses and general and administrative expenses that reflect actual business operations increased by 18.2% and 2.9% year‑on‑year, respectively, both below the revenue growth rate for the same period. Research and development expenses rose by 29.5%, as the Company continued to invest in technological innovation, including blockchain and AI.

Looking ahead, Lianlian DigiTech remains committed to advancing its technological leadership by investing in AI integration, blockchain applications, and digital asset solutions for cross-border payments. These initiatives are designed to enhance the company’s core multi-currency fund processing capabilities and are supported by its RMB 1.56 billion in cash and cash equivalents.

For more information, please refer to the interim results announcement:
https://ir-upload.realxen.net/iis/2598/uploads/iis/2025/11809429-0.PDF

Conference Call Details

Lianlian DigiTech’s management will hold an earnings conference call at 10:00 AM Beijing/Hong Kong Time on Wednesday, August 27, 2025.

Dial-in Numbers

  • Global Access: +86 10 58084199
  • China Toll-Free: 400 810 8228 (Chinese)  400 810 8128 (English)
  • Beijing: +86 10 58084199 (Chinese)  +86 10 58084166 (English)
  • Hong Kong: +852 30051355 (Chinese)  +852 30051313 (English)
  • United States (New York): +1 646 2543594 (English)  1-866-636-3243 (English Toll-Free)
  • Singapore: +65 6818 5374 (English)

Access Information

  • Chinese Conference Password: 636658  English Conference Password: 106628

About Lianlian DigiTech

Founded in 2009, Lianlian DigiTech Co., Ltd. (“Lianlian DigiTech”) is a leading Chinese digital payment solutions provider with global payment capabilities to serve its customers worldwide. Leveraging its extensive global payment network built upon its expansive global licensing strategy, comprehensive proprietary technology platform, and broad partnerships, Lianlian DigiTech provides rich digital payment services and value-added services to customers in China and around the world. Its customers mainly include merchants (who primarily conduct retail business with end-buyers through e-commerce platforms) and enterprises (who primarily sell goods or provide services to end-buyers, including companies and institutions).

Among all digital payment solution providers based in China, Lianlian DigiTech has extensive global business outreach and licensing coverage, and is the only provider holding all state-level money transmitter licenses in the United States. As of June 30, 2025, its global licensing layout consists of 65 payment licenses and relevant qualifications and a virtual asset trading platform (VATP) license from Securities and Futures Commission (SFC) of Hong Kong. Lianlian DigiTech provides services that encompass over 100 countries and regions, and support transactions in over 130 currencies.

 

EquiLend Onboards EFG Hermes as First Saudi Arabia-Based Client on NGT Trading Platform

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Milestone deal marks EquiLend’s expansion into the Kingdom with full-suite automation adoption

NEW YORK, Aug. 26, 2025 /PRNewswire/ — EquiLend today announced that EFG Hermes is going live on the firm’s Next Generation Trading (NGT) platform, becoming EquiLend’s first trading client based in the Kingdom of Saudi Arabia, and the first in the region to adopt full post-trade and trading automation via EquiLend.

EFG Hermes, an EFG Holding company, is the leading investment bank in the Middle East and North Africa (MENA), offering an extensive array of financial services, encompassing advisory, asset management, securities brokerage, research, and private equity. EFG Hermes previously onboarded EquiLend’s post-trade services and now expands that relationship to include trading via EquiLend NGT. The implementation enables streamlined, automated execution and lifecycle management, giving EFG Hermes greater access to global liquidity, improved visibility into activity, and more efficient operations across its securities finance business.

“Our partnership with EFG Hermes reflects EquiLend’s commitment to delivering market-leading technology that meets the needs of firms across the Kingdom, the United Arabic Emirates, the GCC region, and around the world,” said Rich Grossi, CEO of EquiLend. “We are proud to support the growth of Saudi Arabia’s securities finance market and look forward to further collaboration with leading institutions across the region.”

“This is a significant milestone for EquiLend, the local Saudi Arabian market and the securities finance industry,” said Dimitri Arlando, Head of EMEA Sales at EquiLend. “EFG Hermes will not only benefit from automation, which will highlight them as an attractive counterparty to trade with, but connecting to the EquiLend ecosystem will also help EFG Hermes access more demand for Saudi Equities from market participants across the globe.”

This milestone underscores EquiLend’s commitment to the Kingdom of Saudi Arabia and the broader GCC region. EquiLend is actively engaged with leading institutions across the region, providing solutions that drive efficiency, automation and global connectivity in securities finance.

About EquiLend:
EquiLend is a global financial technology firm offering Trading, Post-Trade, Data & Analytics, RegTech and Platform Solutions for the securities finance industry. With offices in North America, EMEA and Asia-Pacific, EquiLend operates across various jurisdictions worldwide, adhering to the highest regulatory standards.

The company is committed to excellence and innovation and is consistently recognized for its contributions to the industry. EquiLend is Great Place to Work Certified™ in the U.S., UK, Ireland and India and has been awarded Global Data Provider of the Year and Regulatory Solution of the Year in the Securities Finance Times Industry Excellence Awards 2025.

For more information, please visit www.equilend.com

For further information about EquiLend, please contact: media@equilend.com

About EFG Holding:
EFG Holding (EGX: HRHO.CA – LSE: EFGD) is a financial institution that boasts a remarkable 40-year legacy of success in seven countries spanning two continents. Operating within three distinct verticals — the Investment Bank (EFG Hermes), Non-Bank Financial Institutions (NBFI) (EFG Finance), and Commercial Bank (Bank NXT) — the company provides a comprehensive range of groundbreaking financial products and services tailored to meet the needs of a diverse clientele, including individual clients and businesses of all sizes.

EFG Hermes, the leading investment bank in the Middle East and North Africa (MENA), offers extensive financial services, encompassing advisory, asset management, securities brokerage, research, and private equity. In its domestic market, EFG Holding serves as a universal bank, with EFG Finance emerging as the fastest-growing NBFI platform, comprising Tanmeyah, a provider of innovative and integrated financial solutions for small business owners and entrepreneurs, EFG Corp-Solutions, which provides leasing and factoring services, Valu, a universal financial technology powerhouse, Bedaya for mortgage finance, Kaf for insurance, and EFG Finance SMEs, which provides financial services for small and medium enterprises. Furthermore, the company delivers commercial banking solutions through Bank NXT, an integrated retail and corporate banking product provider in Egypt.

Proudly present in: Egypt | United Arab Emirates | Saudi Arabia | Kuwait | Bahrain | Kenya | Nigeria

Learn more about us at www.efghldg.com

For further information about EFG Hermes, please contact:
May El Gammal
Group Chief Marketing & Communications Officer of EFG Holding
melgammal@efghldg.com

Omar Salama
Associate Director of Communications of EFG Holding
osalama@efghldg.com

The EFG Holding Public Relations Team
PublicRelations@efghldg.com

Note on Forward-Looking Statements
In this press release, EFG Holding may make forward-looking statements, including, for example, statements about management’s expectations, strategic objectives, growth opportunities, and business prospects. These forward-looking statements are not historical facts but instead represent only EFG Holding’s belief regarding future events, many of which, by their nature, are inherently uncertain and are beyond management’s control and include, among others, financial market volatility; actions and initiatives taken by current and potential competitors; general economic conditions and the effect of current, pending, and future legislation, regulations and regulatory actions. Accordingly, the readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date on which they are made.

HEXCLAD ANNOUNCES F1 DRIVER YUKI TSUNODA AS GLOBAL AMBASSADOR

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Tsunoda Joins Gordon Ramsay in High-Performance Campaign Blending Speed, Precision, Culinary Excellence

LOS ANGELES, Aug. 26, 2025 /PRNewswire/ — HexClad, the performance-driven kitchenware brand beloved by top chefs and ambitious home cooks alike, today announced Yuki Tsunoda, rising Formula 1 star, as its newest Global Brand Ambassador. The partnership kicks off an international campaign that brings together the precision of racing and the artistry of cooking, two worlds where elite tools, focus, and execution make all the difference.

 

HEXCLAD ANNOUNCES F1 DRIVER YUKI TSUNODA AS GLOBAL AMBASSADOR

Tsunoda, known for his fearless driving style and standout personality, is also a passionate home cook who has long dreamed of becoming a chef. Now, he’s teaming up with Gordon Ramsay, one of the most iconic figures in global cuisine, for a dynamic new campaign, High Performance Cookware, with HexClad that celebrates performance at every level. In a bold creative twist, the two stars trade roles – Tsunoda steps into the kitchen, while Ramsay teases getting behind the wheel, proving that unlocking performance, in any field, starts with the right tools.

“Food and cooking are a huge part of my life, and I love spending time in the kitchen,” said Yuki Tsunoda. “Partnering with HexClad felt like a natural fit, their cookware makes the experience more enjoyable while giving me the tools to cook at a professional level.”

Tsunoda joins HexClad’s growing ambassador lineup, led by Ramsay, who trust the brand’s patented hybrid cookware for its unmatched durability, performance and design. As part of the partnership, Tsunoda will appear in global campaign content throughout the 2025 F1 season, spotlighting how HexClad supports his life off the track with the same attention to performance he brings to every race. He will also sport the HexClad brand logo on his race helmet at one race this season.

“Yuki is an incredible athlete, but what makes him perfect for HexClad is his mindset. He’s passionate, precise and all in,” said Daniel Winer, Co-Founder and CEO of HexClad. “We built this brand for people who want the best tools to push themselves, whether they’re cooking dinner or chasing a championship.”

The announcement follows a wave of momentum for HexClad, which continues to expand globally and redefine how performance-driven cooking tools are driving the industry. With Tsunoda onboard, the brand deepens its presence in both the culinary world and the global sports spotlight.

The campaign, concepted by HexClad and produced by KODE Media under the direction of Cannes-winning commercial director Peter Franklyn Banks, will roll out globally across broadcast, digital and social platforms beginning fall 2025, supported by a multi-market PR and retail strategy spanning the U.S., U.K., Japan, and beyond.

To learn more, visit www.hexclad.com

About HexClad:
HexClad is a global premium kitchenware brand based in Los Angeles, known for its patented hybrid technology that combines stainless steel with nonstick for unmatched performance, durability, and ease-of-use. Since its founding in 2016, HexClad has redefined modern cooking tools with a full line of high-performance products, including cookware, cutlery, cutting boards, aprons, and kitchen accessories. Sold through direct-to-consumer channels and strategic retail partners, HexClad has built a passionate global following by empowering cooks of all levels with products that break rules and challenge convention. The brand was named to the Inc. 5000 list of the fastest-growing private companies in America 2023-2025. Learn more at www.hexclad.com. 

ZEISS showcases comprehensive workflow for full spectrum of retina care at EURETINA

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Advertorial Desk
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At EURETINA 2025, ZEISS Medical Technology combines its diagnostic, surgical and digital technologies to support healthcare professionals in advancing retinal care:

  • IMPROVE PATHOLOGY DETECTION: Now CE mark approved, CIRRUS® PathFinderTM AI decision support tool streamlines OCT data review; ICGA for CLARUS® 700 offers FA + ICG simultaneous capture.
  • ACCELERATE RETINA RESEARCH: AI-ready ZEISS Research Data Platform (RDP) empowers retina specialists to transform their clinical hypotheses into measurable outcomes through smarter, more efficient research.
  • TRANSFORM VITREORETINAL TREAMENT: TDC VELOCETM, the new high-speed cutter for the DORC EVA NEXUSTM platform, unlocks new possibilities for the platform’s proprietary VacuFlow VTi fluidics, further enabling the capabilities of the SMART IOPTM system of the EVA NEXUS to provide constant intraoperative stability during surgery on one of the market’s most advanced dual-function, vitreoretinal and cataract surgical systems.
  • SETTING THE PACE IN VISUALIZATION: ZEISS ARTEVO 850 and ZEISS ARTEVO 750, now with updated ZEISS CALLISTO eye software, support confident decision making and elevate the surgical workflow in vitreoretinal and combined phacovitrectomy procedures.

JENA, Germany, Aug. 26, 2025 /PRNewswire/ — ZEISS Medical Technology will showcase its most advanced and comprehensive retina portfolio yet — spanning from pathology detection and assessment to planning and treatment — at the European Society of Retina Specialists (EURETINA) conference in Paris, France, from Sept. 4 – 7, 2025. ZEISS is one of very few companies offering the full spectrum of retinal care, combining diagnostic imaging, digital workflow tools and vitreoretinal surgical technologies, to support data continuity, procedural efficiency, and clinical decision-making across the retina care pathway.

 

CIRRUS PathFinder from ZEISS

“At ZEISS, we continue to enhance the ZEISS Retina Workflow with new capabilities, to help empower clinicians who are redefining vitreoretinal surgery and advance retinal care,” says Magnus Reibenspiess, Head of Strategic Business Unit Ophthalmology at ZEISS Medical Technology. “We’re excited to continue leading in this area and meeting the evolving needs of surgeons from around the world with one of the few end-to-end retina ecosystems in the industry.”

“By combining the strengths of ZEISS and DORC, we’re reducing complexity to help enable retina specialists around the world to diagnose earlier, treat with greater precision, and monitor more effectively – through an expanding connected workflow,” says Pierre Billardon, Head of Business Sectors Surgery Posterior Segment at ZEISS Medical Technology and CEO of DORC International.

Enhanced diagnostic offerings help detect pathology efficiently and with certainty

ZEISS will highlight recent enhancements to its diagnostic portfolio within the ZEISS Retina Workflow, including the integration of digital tools aimed at supporting clinicians in detecting pathology more efficiently and precisely. At EURETINA, ZEISS will showcase several of these innovations, including:

  1. CIRRUS® Pathfinder™ now with CE mark approval. This innovative clinical support tool uses integrated artificial intelligence (AI) to assist in automatically identifying abnormal macular OCT B-scans. As part of the latest CIRRUS software release, PathFinder1 leverages proprietary deep learning algorithms to support OCT interpretation and improve OCTA image quality and multi-layer segmentation to help elevate diagnostic workflows and enhance patient care.
  2. CLARUS® 700 with ICGA. The updated CLARUS software provides high-resolution early phase to late phase ultra-widefield imaging. New features include standalone ICG, simultaneous FA-ICG capture and an added movie mode for all angiography modalities: standalone FA, standalone ICG and simultaneous FA-ICG.2
  3. ZEISS Research Data Platform (RDP). The secure, cloud-based, AI-driven solution is designed for multi-center research and real-world clinical evidence, empowering retina specialists to transform their clinical hypotheses into measurable outcomes. With built-in support for AI algorithm training and biomarker generation, the ZEISS RDP allows researchers to harness complex data and drive innovation without compromising on compliance or collaboration.

Attendees can learn more about the latest diagnostic offerings within the ZEISS Retina Workflow at the ZEISS booth #2.B20:

  1. Experience how the ZEISS RDP enables retina specialists to train AI models, generate biomarkers, and scale collaborative research across institutions on Thursday, Sept. 4, from 10:00 – 10:30 am CEST.
  2. Dr. Ricardo Leitao Guerra presents, “ZEISS Retina Workflow in the Real World: OCTA, FA, ICGA in Clinical Application,” on Thursday, Sept. 4, from 2:30 – 3:00 pm CEST.
  3. Dr. Harvey Uy presents, “Clinical Study Results: Comparison of image review parameters from two different optical coherence tomography analytical workflows,” on Friday, Sept. 5, from 2:30 – 3:00 pm CEST.

ZEISS innovation transforms treatment approaches for vitreoretinal surgery

With the ongoing integration of solutions from DORC, the ZEISS Retina Workflow solutions aim to help enable surgeons with increased predictability and efficiency in vitreoretinal surgery, offering a digitally connected portfolio from diagnostics through surgery and post-op care, supporting more precise planning and execution of surgical maneuvers.

ZEISS is introducing TDC VELOCE™ from DORC at EURETINA, a new high-speed cutter for the EVA NEXUS™ phacovitrectomy system that enables SMART IOP™ for posterior surgery to provide constant intraoperative stability. TDC VELOCE combines performance, control, stability and a new ergonomic design that offers improved aspiration flow for 25G/27G, a higher cut speed of up to 20k CPM3, an ergonomic, contoured soft grip, and increased shaft stiffness for ease of reaching the periphery and shaving the vitreous base.

“With TDC VELOCE we were able to raise the limits of flow and rigidity. TDC VELOCE in combination with EVA NEXUS SMART IOP for posterior surgery sets new standards in IOP stability during vitreous shaving,” shared TDC VELOCE co-developer Professor Mitrofanis Pavlidis, MD, PH.D., Augenzentrum Köln, Germany.

Attendees can learn more about the latest surgical offerings within the ZEISS Retina Workflow at the ZEISS booth #2.B20:

  1. Professor Pavlidis presents the TDC VELOCE next-generation, high-speed cutter for EVA NEXUS on Saturday, Sept. 6, from 11:30 – 12:00 pm CEST.

At EURETINA, ZEISS will also showcase updates on the ZEISS CALLISTO eye® software for ZEISS ARTEVO 750 and ZEISS ARTEVO 850. The updated ZEISS CALLISTO eye software allows for visualization of retinal structures on the 3D screen of the ZEISS ARTEVO 850 with up to 30% higher magnification.4 Advanced camera settings, including automatic exposure control, provide customization of the visualization experience to the surgeon’s individual preferences. In addition, the software update now also offers reference image matching for toric IOL implantations in either the eyepiece of the ZEISS ARTEVO 750 or the 3D monitor of the ZEISS ARTEVO 850 as well as optional 3D recording on the ZEISS ARTEVO 850.

ZEISS is showcasing additional innovations within the ZEISS Retina Workflow at EURETINA, including:

  1. the ARTEVO® 850 3D digital ophthalmic microscope offering customizable 3D digital visualization, true color imaging with high fidelity display, and an expanded depth of field (DoF);
  2. single-use lenses for the RESIGHT® fundus viewing system providing retinal surgeons with a clear and uncompromised view for every surgical procedure in the posterior segment, while also offering all the advantages of single-use lenses;
  3. and the EVA NEXUS™ surgical system from DORC, one of the market’s most advanced dual-function, vitreoretinal and cataract surgical systems, offering surgeons a more responsive platform designed to combine efficiency, precision, and control.

ZEISS will showcase its latest diagnostic and surgical offerings and new innovations at the European Society of Retina Specialists (EURETINA) conference from Sept. 4 – 7, 2025, at booth #2.B20.

For more information, visit www.zeiss.com/med.

1 ZEISS PathFinder works on all current ZEISS CIRRUS devices: 500, 5000, 6000, however RDB2 is for ZEISS CIRRUS 6000 data only.
2Not for human use in the EU.
3TDC VELOCE has a cut speed of up to 10.000 cpm and is designed to facilitate cutting tissue on the return of each stroke of the vitrectome, effectively doubling the cut speed.
4 compared to ZEISS CALLISTO software 5.0.

Not all products, services or offers are approved or offered in every market and approved labeling and instructions may vary from one country to another. For country-specific product information, see the appropriate country website. Product specifications are subject to change in design and scope of delivery as a result of ongoing technical development. The statements of the healthcare professionals reflect only their personal opinions and experiences and do not necessarily reflect the opinion of any institution that they are affiliated with. The healthcare professionals alone are responsible for the content of their experience reported and any potential resulting infringements. Carl Zeiss Meditec AG and its affiliates to not have clinical evidence supporting the opinions and statements of the health care professionals nor accept any responsibility or liability of the healthcare professionals’ content. The healthcare professionals have a contractual or other financial relationship with Carl Zeiss Meditec AG and its affiliates and have received financial support. 

Contact for investors
Sebastian Frericks
Head of Group Finance & Investor Relations
Carl Zeiss Meditec AG
Phone: +49 3641 220 116
Mail: investors.med@zeiss.com

Contact for the press
Frank Smith
Head of Global Communications Ophthalmology
Carl Zeiss Meditec AG
Phone: +49 3641 220 331
Mail: press.med@zeiss.com

www.zeiss.com/newsroom

Brief Profile

Carl Zeiss Meditec AG (ISIN: DE0005313704), which is listed on the MDAX and TecDAX of the German stock exchange, is one of the world’s leading medical technology companies. The Company supplies innovative technologies and application-oriented solutions designed to help doctors improve the quality of life of their patients. The Company offers complete solutions, including implants and consumables, to diagnose and treat eye diseases. The Company creates innovative visualization solutions in the field of microsurgery. With 5,730 employees worldwide, the Group generated revenue of €2,066.1m in fiscal year 2023/24 (to 30 September).

The Group’s head office is located in Jena, Germany, and it has subsidiaries in Germany and abroad; more than 50 percent of its employees are based in the USA, Japan, Spain and France. The Center for Application and Research (CARIn) in Bangalore, India and the Carl Zeiss Innovations Center for Research and Development in Shanghai, China, strengthen the Company’s presence in these rapidly developing economies. Around 39 percent of Carl Zeiss Meditec AG’s shares are in free float. Approx. 59 percent are held by Carl Zeiss AG, one of the world’s leading groups in the optical and optoelectronic industries.

For further information visit: www.zeiss.com/med

ZEISS Research Data Platform (RDP)
ZEISS Research Data Platform (RDP)

 

TDC VELOCE from DORC
TDC VELOCE from DORC

 

ZEISS ARTEVO 850 with CALLISTO eye Retina OCT
ZEISS ARTEVO 850 with CALLISTO eye Retina OCT

 

Fescaro joins Auto-ISAC as top-tier innovator partner

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Advertorial Desk
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SUWON, South Korea, Aug. 26, 2025 /PRNewswire/ — This is an article published in The Korea Herald:

South Korean mobility software solutions provider Fescaro(https://www.fescaro.com/en/) said on Tuesday that it has officially signed an innovator partnership with Auto-ISAC in the US.

Auto-ISAC is a global automotive cybersecurity organization that uses a collaborative system to share industry intelligence and jointly respond to cyber threats.

About 80 global companies are participating, including the three major American automakers, including General Motors, Ford and Stellantis. Other global automakers such as Toyota and Hyundai Motor Company, along with US government officials, are also actively engaged.

Auto-ISAC operates a partnership program to strengthen response capabilities and expand collaboration within the industry. The Innovator Partnership is the highest level of partnership for industry-leading companies.

Fescaro provides a field-proven, integrated security platform tailored to the automotive industry, supporting the transition to software-defined vehicles and ensuring cyber resilience throughout the vehicle’s entire lifecycle.

“Automotive cybersecurity is a team sport that requires the entire ecosystem to work together,” said Hong Seok-min, CEO of Fescaro. “Based on the expertise recognized at Auto-ISAC, we will strengthen strategic collaboration with global partners and contribute to enhancing industry intelligence.”

Daqo New Energy Announces $100 Million Share Repurchase Program

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SHANGHAI, Aug. 26, 2025 /PRNewswire/ — Daqo New Energy Corp. (NYSE: DQ) (“Daqo New Energy,” the “Company” or “we”), a leading manufacturer of high-purity polysilicon for the global solar PV industry, today announced that its board of directors has approved a US$100 million share repurchase program, effective today through December 31, 2026.

The board of directors has authorized Daqo New Energy to repurchase up to US$100 million worth of its own issued and outstanding ordinary shares or American depositary shares representing ordinary shares in open-market purchases, in negotiated transactions off the market, in block trades or through other legally permissible means in accordance with applicable United States securities laws.

The Company expects to fund the repurchase primarily out of its existing cash balance. The repurchase program does not obligate Daqo New Energy to acquire any number of ordinary shares or ADSs at any specific time. The board of directors will review the share repurchase program periodically and may authorize adjustments of its terms and size accordingly.

Mr. Xiang Xu, Chairman and Chief Executive Officer of the Company, said, “The share repurchase program reflects our confidence in the Company’s business prospects as we navigate the current industry downcycle. We remain committed to achieving sustainable growth and creating long-term value for our shareholders. The timing, quantity, and price of any repurchases will depend on the Company’s operational performance and market conditions, as well as compliance with corporate governance and regulatory requirements, including any applicable blackout period.”

About Daqo New Energy Corp.

Daqo New Energy Corp. (NYSE: DQ) (“Daqo” or the “Company”) is a leading manufacturer of high-purity polysilicon for the global solar PV industry. Founded in 2007, the Company manufactures and sells high-purity polysilicon to photovoltaic product manufacturers, who further process the polysilicon into ingots, wafers, cells and modules for solar power solutions. The Company has a total polysilicon nameplate capacity of 305,000 metric tons and is one of the world’s lowest cost producers of high-purity polysilicon.

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

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “might,” “guidance” and similar statements. The Company may also make written or oral forward-looking statements in its reports filed or furnished to the U.S. Securities and Exchange Commission, in its annual reports to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about the Company’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties, all of which are difficult or impossible to predict accurately and many of which are beyond the Company’s control. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the demand for photovoltaic products and the development of photovoltaic technologies; global supply and demand for polysilicon; alternative technologies in cell manufacturing; the Company’s ability to significantly expand its polysilicon production capacity and output; the reduction in or elimination of government subsidies and economic incentives for solar energy applications; and the Company’s ability to lower its production costs. Further information regarding these and other risks is included in the reports or documents that the Company has filed with, or furnished to, the U.S. Securities and Exchange Commission. All information provided in this press release is as of the date hereof, and the Company undertakes no duty to update such information or any forward-looking statement, except as required under applicable law.

 

Linklogis Releases 2025 Interim Results, Accelerating Global Digital Asset and Stablecoin Deployment

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Advertorial Desk
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SHENZHEN, CHINA – Media OutReach Neswire – 26 August 2025 – On August 26, 2025, Linklogis Inc. (09959.HK, “Linklogis”) released its interim results. In the first half of 2025, the total transaction volume processed by its technology solutions reached RMB 203.6 billion. The total revenue and income amounted to RMB 374.5 million. The number of anchor enterprise and financial institution customers for its supply chain finance technology solutions increased by 244, bringing the total to 1,352, up 22% compared with 2024. Cumulatively, Linklogis has empowered over 380,000 SMEs to access digital, inclusive fintech services.

In the first half of 2025, the company remained firmly focused on its core business strategy, accelerated transformation and upgrading, and advanced organizational streamlining, which lowered operating expenses. Linklogis continually improved operational efficiency and enhanced cash flow, with cash reserves reaching RMB 5.4 billion, an increase of RMB 300 million from the balance as of December 31, 2024.

Furthermore, Linklogis fully launched its global trade finance digital asset strategy in the first half of 2025. The company introduced its innovative “Stablecoin+” initiative centered on the Digital Trade Token (DTT) and Asset-Backed Token (ABT), laying a forward-looking foundation for global supply chain finance applications and scenarios based on compliant stablecoins.

At the same time, reflecting the Board and management’s confidence in the company’s ability to deliver steady growth around its core strategies of “AI + industrial finance” and digital assets, Linklogis commits to a share repurchase of no less than USD 80 million over the next 12 months.

Multi-tier Transfer Cloud Becomes the Main Growth Engine, Accelerating Business Model Transformation and Upgrade

Amid global macroeconomic fluctuations and ongoing industry adjustments, Linklogis accelerated its business model transformation, continually improving operational efficiency and enhancing cash flow in the first half of 2025, thereby achieving steady and quality-oriented development. During this period, the total transaction volume of supply chain assets processed by its technology solutions reached RMB 203.6 billion.

Linklogis supply chain fintech solutions include Anchor Cloud, which comprises the Multi-tier Transfer Cloud and AMS Cloud, and FI Cloud, which comprises ABS Cloud and eChain Cloud. As the core segment of the company, the Multi-tier Transfer Cloud demonstrated strong performance, processing a total volume of supply chain assets amounting to RMB 133.2 billion, a year-on-year increase of 54%.

In the FI Cloud segment, Linklogis innovative receivables financing solutions for anchor enterprises deepened penetration among major infrastructure customers and expanded into emerging sectors like renewable energy in the first half of the year. In the ABS Cloud segment, the total volume of supply chain assets it processed reached RMB 9.6 billion, representing a sharp increase from the prior year. At the same time, the company concentrated on digital intelligence transformation solutions for financial institutions, strategically downscaling its low-margin business. During this period, the total volume of supply chain assets processed by eChain Cloud was RMB 26 billion.

Linklogis continued to acquire a broad and diverse range of business partners and gradually implemented innovative “de-anchored” scenario solutions on a larger scale. The company has assisted Yunnan Construction and Investment Holding Group, China Railway 25th Bureau Group Corporation Limited, Luzhou Laojiao, Shandong Xingang Group and others in offering financing product solutions without clear debtor’s acknowledgment, which included purchase order financing and receivables e-loan, continuously optimizing its product portfolio. In the first half of 2025, the number of anchor enterprise and financial institution customers for Linklogis supply chain finance technology solutions rose by 244 to reach a total of 1,352, an increase of 22% from 2024. The overall customer retention rate hit 99%, up from 96% in 2024.

“AI + Industrial Finance“ as Dual Growth Drivers, Strategic M&A Expanding Product Matrix

As a leader and pioneer in the supply chain finance technology sector, Linklogis has continued to deploy and make strides in cutting-edge fields such as artificial intelligence and blockchain. The goal is to enhance efficiency and reshape the value system across the entire supply chain through technological innovation, supporting a high-quality inclusive finance system.

In the realm of AI, Linklogis has built a comprehensive full-stack technology matrix centered on supply chain finance. By integrating leading domestic large language models (LLMs) such as DeepSeek and Qwen with its own proprietary knowledge graph and multi-dimensional data, the company has accelerated the upgrade of its vertical model, LDP-GPT, while efficiently integrating and deploying its AI capabilities.

In the first half of 2025, Beelink AI, based on Linklogis LDP-GPT model, has refined several core capabilities, with significant upgrades to two core applications: intelligent trade documents checking and intelligent registration. These enhancements have been deployed as SaaS or on-premises solutions in over 30 anchor enterprises and financial institutions, including Standard Chartered Bank, assisting them in achieving high-quality digital transformation.

In terms of scenario expansion, Linklogis completed the strategic acquisition of Bytter Technology Co., Ltd. (“Bytter Technology”), broadening its product and service matrix and improving operating efficiency to support long-term, steady growth. Bytter’s comprehensive industry-finance treasury matrix provides full-scenario solutions that support the digital transformation of its enterprise customers’ industry-finance platforms. The treasury management solution is built on a layered architecture, underpinned by advanced technologies including cloud computing, big data, and artificial intelligence, providing enterprises with a solid foundation for treasury management.

Looking ahead, the company will continue to advance more strategic mergers and acquisitions to cultivate diversified growth drivers.

Enhancing Global Supply Chain Finance Deployment, Driving Sustainable Value Creation

In the first half of 2025, Linklogis advanced its international expansion, continuing its dual-engine strategy of “Go Early” and “Go Deep”. Cross-border Cloud and international businesses delivered solid performance, with Cross-border Cloud achieving double-digit growth in both asset volume and revenue.

“Go Early” focuses on building a platform-based ecosystem around four key scenarios: cross-border trade, cross-border e-commerce, overseas business travel, and cross-border logistics. By aggregating resources from 12 high-quality platforms, including Infor, Amazon and Shopee, Linklogis has successfully assisted more than 1,100 SMEs in accessing one-stop digital financing services. “Go Deep” emphasizes in-depth, scenario-based services, aiming to create a comprehensive smart supply chain financing system for Chinese outbound enterprises. The system covers the entire chain from cross-border procurement and production to logistics and sales, facilitating efficient global supply chain expansion and accelerating globalization of these enterprises. Meanwhile, by establishing regional operational centers in the United Kingdom and United States of America, Linklogis has created an end-to-end service network for a multi-regional trade corridor that spans Greater China, Southeast Asia, Europe, and North America.

Linklogis upholds its ESG mission of “technology empowering the development of sustainable supply chain finance,” focusing on the innovative integration of digital technology and industry scenarios. Linklogis is committed to driving sustainable industrial upgrades and inclusive finance model innovation through technology, creating sustainable value for the high-quality collaboration between the real economy and digital finance. In the first half of 2025, the assets related to sustainable supply chains (including renewable energy, rural revitalization, environmental protection, and public health) processed by Linklogis surpassed RMB 29 billion, up 97% compared to the same period last year.

Linklogis has assisted over 380,000 SMEs in accessing efficient, convenient, and low-cost digital inclusive finance services. In the first half of 2025, SMEs using the SaaS platform, “Linklogis Supply Chain Multi-tier AR Transfer Platform,” secured financing at an average cost of only 2.86%. In addition to these achievements, Linklogis ESG performance has continued to lead the industry. The company received its first ESG rating from Sino-Securities Index Information Service (Shanghai) and SynTao Green Finance, as well as an “A” rating from Wind, placing it in the top 10% of the software industry. These accomplishments were further recognized with awards such as “Most Outstanding Contribution to Sustainable Development Goals (SDGs) China 2025” and “2025 ESG Model Enterprise.”

Building a Stablecoin Ecosystem, Advancing Global Trade Finance Digitalization

In the first half of 2025, leveraging its extensive technology expertise in digital assets, Linklogis accelerated the market introduction and penetration of innovative products and fully launched its global trade finance digital asset strategy. Building on its extensive blockchain technology implementation and practical experience, the company has built core capabilities in digital asset infrastructure, covering enterprise-grade custody, integrated cross-border payment and settlement, RWA tokenized financing, as well as compliance, risk management, and on-chain supervision.

Since fully advancing its globalization process in 2019, Linklogis has continuously empowered the transformation of cross-border and global trade finance through Web 3.0 technology. In 2020, Linklogis obtained a digital banking license in Singapore and established Green Link Digital Bank with its business partner, enhancing its capabilities in cross-border financial digital services. In 2023, under the guidance of the Hong Kong Monetary Authority (HKMA), the company collaborated with the Bank for International Settlements (BIS), Standard Chartered Bank, and other institutions to develop the Project Dynamo prototype platform. This initiative introduced the pioneering DTT, a programmable digital trade token that integrates smart contracts with standard token protocols to automate payment terms in trade finance, providing an innovative model for global cross-border trade payments and financing. In August of the same year, Linklogis joined forces with Standard Chartered Bank to participate in Project Guardian, led by the Monetary Authority of Singapore (MAS), leveraging asset tokenization technology to create the ABT platform. This platform transforms trade receivables and other real economy assets into tradable and divisible digital assets, successfully launching the industry’s first tokenized product based on trade assets on the Singapore Exchange, thereby validating the feasibility of this technology in the trade finance sector.

As stablecoin regulatory frameworks mature in Hong Kong and worldwide, Linklogis will further integrate its existing overseas and cross-border business layouts to accelerate the innovation and application of digital asset services. In Singapore, the company will work with licensed institutions to advance the compliant issuance of DTT, implementing compliant stablecoin solutions across all scenarios in supply chain finance. In Hong Kong, Linklogis will actively pursue collaborations with stablecoin license applicants to develop the “Stablecoin+” initiative based on compliant stablecoins. Additionally, the company will actively explore innovative applications in supply chain finance scenarios together with global compliant stablecoin issuers, expanding the use of digital assets in real-world asset tokenization, cross-border digital payments, and inclusive finance, thereby empowering the digital and intelligent transformation and upgrading of the global supply chain finance ecosystem.

Charles Song, the founder, chairman, and CEO of Linklogis, said, “Looking ahead, as the global financial system undergoes significant transformation, the integration of AI with compliant stablecoins will not only redefine how cross-border capital flows operate but also provide innovative solutions for enhancing the resilience of the financial system amidst growing global economic uncertainty. Amid historic transformation opportunities, Linklogis, moving forward without burden, will fully concentrate on three core strategies, which are AI + industrial finance, strategic mergers and acquisitions, and digital assets, to build diversified engines of development and achieve sustainable, high-quality growth. Confident in our future prospects, we commit to a share repurchase of no less than USD 80 million over the next 12 months. We will also work to foster a win-win ecosystem with customers and strengthen the foundation for shareholder value.”

Hashtag: #Linklogis

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

BingX AI Hits 2 Million Users and 20 Million Queries in Just 100 Days

By
Advertorial Desk
-

PANAMA CITY, Aug. 26, 2025 /PRNewswire/ — BingX, a leading cryptocurrency exchange and Web3 AI company, today announced a significant milestone for its AI-powered trading assistant, BingX AI, which has surpassed 2 million users and processed 20 million queries since its launch in May.

BingX AI Hits 2 Million Users and 20 Million Queries in Just 100 Days
BingX AI Hits 2 Million Users and 20 Million Queries in Just 100 Days

BingX AI is built as a suite of integrated intelligence, powered by multi-model AI engines and vast datasets. It is distinguished by five unique AI avatars, designed to guide users through different stages of their trading journey — from market analysis and strategy development to execution and real-time monitoring.

  • The Analyst: Decodes the market by turning complex charts and data into clear, actionable trading insights, through AI-powered Candlestick, Market, Trading, and Token analysis.
  • The Strategist: Builds tailored strategies and forecasts to help users trade smarter with AI Trade Review and Trend Forecasting.
  • The Recommender: Suggests tokens, traders, and news that best fit users’ trading profiles through Pro Trader Recommender, AI News Briefing, and Trading Analysis functionality.
  • The Protector: Identifies risks and simulates outcomes to safeguard users’ portfolio with Smart Position Analysis.
  • The Monitor: Tracks market movements and funding rates to keep users informed in real time with Market and New Token analysis.

Vivien Lin, Chief Product Officer at BingX, commented: “AI is redefining what’s possible in digital asset trading, not by replacing human decision-making, but by enhancing it with real-time intelligence. With BingX AI, we’re bridging the gap between AI’s promise and real-world utility—offering users context, clarity, and confidence in one unified platform. Surpassing two million users is just the beginning; our goal is to make intelligent, accessible trading the standard for everyone, everywhere. Traders can expect more new AI capabilities in the coming weeks as BingX continues to expand the platform’s role at the intersection of innovation and usability.”

BingX AI forms a key part of BingX’s AI Evolution Strategy, a $300M initiative to embed AI across the platform. By consolidating fragmented trading tools into a single, intelligent ecosystem, BingX empowers traders of all levels with professional-grade insights, decision-making support and trading with greater confidence.

About BingX 

Founded in 2018, BingX is a leading crypto exchange and Web3 AI company, serving a global community of over 20 million users. With a comprehensive suite of AI-powered products and services, including derivatives, spot trading, and copy trading, BingX caters to the evolving needs of users across all experience levels, from beginners to professionals. Committed to building a trustworthy and intelligent trading platform, BingX empowers users with innovative tools designed to enhance performance and confidence. In 2024, BingX proudly became the official crypto exchange partner of Chelsea Football Club, marking an exciting debut in the world of sports sponsorship.

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

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