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China’s Civil Tonne-Class Unmanned Aircraft System Secures First Overseas Orders

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SHIHEZI, China, Sept. 2, 2025 /PRNewswire/ — On August 29, 2025, the second Low-Altitude Industry Innovation and Development Conference was successfully held in Shihezi City, Xinjiang, China. During the conference, China’s Ursa Aeronautical Technology Co., Ltd. (“Ursa”) reached a procurement agreement with Indonesia’s PT Unmanned Airtransport Indonesia for 20 sets of HY100 Unmanned Aircraft Systems (UASs). Additionally, the company signed a procurement agreement with the government of the Republic of Equatorial Guinea for 10 sets of the systems, and established strategic service partnerships with Kazakhstan in various fields, including logistics, agricultural and forestry plant protection, and tourism development. This marks the official entry of China’s large civil UASs into the international market, providing advanced low-altitude intelligent solutions for countries along the “Belt and Road” initiative.

HY100 Large UAVSystem Sales Contract
HY100 Large UAVSystem Sales Contract

Ursa will offer comprehensive technical training and support to its partners, including flight operations and maintenance, to facilitate the development of localized operational capabilities. Mr. Agung Sasongkojati, CEO of PT Unmanned Airtransport Indonesia, stated in an interview with CCTV: “China leads in the field of UAS cargo transportation. I want to bring this technology to Indonesia because it can carry large volumes of goods, transport nearly two tonnes of cargo across the sea, and reach areas where conventional aircraft cannot fly.”

Mr. Agung Sasongkojati, CEO of PT Unmanned Airtransport Indonesia
Mr. Agung Sasongkojati, CEO of PT Unmanned Airtransport Indonesia

This collaboration will deliver tangible value to China and countries along the “Belt and Road” initiative. The Hongyan HY100 UAS exhibits outstanding performance, with a maximum takeoff weight of 5,250 kg, a maximum commercial payload of 1,900 kg, and a maximum range of 1,800 kilometers. The HY100 aircraft requires a takeoff and landing rolling distance of less than 150 meters, and can maintain stable flight at ultra-low altitudes of 4 meters above ground, and adapts to various takeoff and landing field conditions, including airstrip, roads, open hard soil, and grassland, demonstrating excellent field adaptability and mission flexibility.

HY100
HY100

The system can effectively address logistics challenges between islands and in complex terrains. Its large payload and long-range capabilities enable the rapid transport of medical supplies, e-commerce parcels, fresh food, and other goods between islands, significantly reducing logistics costs and time and contributing to the establishment of an efficient regional logistics network. Simultaneously, it will play a vital role in agricultural and forestry monitoring, crop protection, and forest resource conservation.

Coordinated Flight of Two HY100
Coordinated Flight of Two HY100

Ursa was established in November 2017 and is a national high-tech enterprise integrating R & D, production, sales and marketing, operation and service support, maintenance, and personnel training of large UASs. As China’s first and only large UAS general aviation enterprise to obtain all of the Type Certificate (TC), Production Certificate (PC), Airworthiness Certificate (AC), and Operation Certificate (OC) issued by the Civil Aviation Administration of China (CAAC), Ursa has become a benchmark for industry compliance and technical strength. Its proprietary Hongyan HY100 large UAS is the only large UAS product in China that has achieved mass production and commercial operation, representing the highest standard in China’s civil large UAS sector.

 

“Picturesque Jiangxi, Unique Scenery” 2025 “Beautiful Shangrao, Serene Landscape” Cultural Tourism Promotion Event Held in Malaysia

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KUALA LUMPUR, Malaysia, Sept. 2, 2025 /PRNewswire/ — On August 26, the 2025 “Beautiful Shangrao, Serene Landscape” cultural tourism promotion event, themed “Picturesque Jiangxi, Unique Scenery” and hosted in Malaysia, showcased Shangrao’s unique cultural and tourism attractions. The event was organized by the Shangrao Municipal Bureau of Culture, Radio, Television and Tourism.

Picture of the promotion event
Picture of the promotion event

Chen Yun, Secretary of the CPC Shangrao Municipal Committee, attended the event and delivered a speech. Distinguished guests included Mr. Chua Chun Hua, Deputy Secretary General of the Ministry of Tourism, Arts and Culture Malaysia; Mr. Azmi Abdullah, Deputy Director General of Tourism Malaysia; Mr. Lan Wensheng, Second-level Inspector of the Foreign Affairs Office of the People’s Government of Jiangxi Province; Mr. Li Dequn, Deputy General Manager of Jiangxi Railway & Aviation Investment Group; and Mr. Kang Zhiyang, General Manager of Jiangxi Airlines.

In his speech, Chen Yun highlighted that China and Malaysia are close neighbors with a friendship spanning more than a thousand years. This bond across mountains and seas is also reflected in the history of exchanges between Shangrao and Malaysia. Shangrao’s stunning landscapes attract more and more visitors in search of “poetry and distance.” Its historic sites and cultural heritage shine with unique charm, while its vibrant local life and diverse new experiences leave lasting impressions. Chen Yun stated that “mountains and seas bring us together, Shangrao awaits Malaysia,” extending a warm invitation for friends from all sectors to visit Shangrao, to appreciate its scenery, culture, cuisine, and development opportunities. He emphasized that under the Belt and Road Initiative and the strong leadership of the Jiangxi Provincial Party Committee and Government, Shangrao will deepen strategic cooperation with Malaysia in trade, education, culture, and tourism, making active contributions to the new “Golden 50 Years” of China–Malaysia relations.

Mr. Chua Chun Hua remarked that Shangrao’s unique natural beauty and profound cultural heritage are truly impressive. He noted that this event not only serves as a platform to showcase the rich cultural and tourism resources of Malaysia and China, but also builds a bridge for communication and understanding, laying a solid foundation for deeper cooperation in the future.

During the event, Shangrao presented its cultural and tourism resources, held the “Picturesque Shangrao” Photo Exhibition and the “Dreamlike Shangrao” Intangible Cultural Heritage Market, and hosted a signing ceremony.

 

Citi Raises Fosun International’s Target Price to HK$6.5 and Reiterates “Buy” Rating

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HONG KONG SAR – Media OutReach Newswire – 2 September 2025 – On 29 August, Fosun International held its 2025 interim results presentation, during which management delivered a clear strategic message—highlighting a sharpened focus on core businesses, the deepening of global operations, and sustained investment in innovation to lay a solid foundation for future development. Following the results presentation, both domestic and foreign securities firms have published optimistic research reports, affirming Fosun’s long-term value and promising outlook.

Citi and Industrial Securities have reiterated their “Buy” and “Overweight” ratings respectively, expressing their bullish views on Fosun’s “business streamlining, and strategic advancements and exits” strategy and its proactive asset structure optimization. Previously, Citi renewed coverage of Fosun International with a “Buy” rating on 23 July. Following the recent results presentation, Citi issued another research report on Fosun International, reaffirming its “Buy” rating and raising the target price from HK$5.86 to HK$6.50.

Citi notes that Fosun is accelerating its “strategic advancements and exits” strategy. By the end of June 2025, Fosun completed the sale of its 99.743% stake in the German private bank HAL, while retaining the asset servicing business HAFS. Citi believes that the capital recycling from asset divestments will enhance shareholders’ returns. The report highlights that Fosun’s share price is currently trading at a 72% discount to its net asset value (NAV). Reflecting the market value of listed investments in the NAV, Citi expects a potential valuation recovery for Fosun International and has therefore raised its target price. Industrial Securities also acknowledges Fosun’s ongoing asset portfolio optimization and clear strategic direction, noting that the Group expanded offshore USD bonds, organized offshore syndicated loan, and issued domestic bonds in the first half of the year, resulting in a financing cost reduction of over 30 basis points compared to the end of 2024.

Both Citi and Industrial Securities highlight that Fosun’s core industries, such as innovative drugs, have made significant breakthroughs, while its cultural tourism business, Club Med, has achieved record-high results and insurance operations have showed steady growth. Fosun’s Health segment, particularly biopharmaceuticals, performed exceptionally well, with multiple innovative drugs of Henlius achieving major breakthroughs. HANSIZHUANG (serplulimab), the world’s first anti-PD-1 monoclonal antibody (mAb) approved for first-line treatment of small cell lung cancer (SCLC), recorded a global sales revenue of RMB597.7 million. To date, HANSIZHUANG has been successfully approved for marketing in nearly 40 countries and regions, covering nearly half of the world’s population. HLX43, the world’s first PD-L1-targeting antibody-drug conjugate (ADC) to enter Phase II clinical trials, is undergoing clinical studies for solid tumors such as non-small cell lung cancer (NSCLC) and thymic carcinoma in countries including China, the US, Japan, and Australia. Meanwhile, HLX22, another innovative drug, was granted Orphan Drug Designation (ODD) by the European Commission (EC) for the treatment of gastric cancer, marking it as the first anti-HER2-targeted therapy for gastric cancer to receive ODD approval from both the EU and the US.

Industrial Securities also points out that Fosun’s overseas revenue accounted for 53%, representing an increase of 6.6 percentage points year-on-year, demonstrating the effectiveness of its globalization strategy. Club Med’s global performance once again reached a record high, with business volume amounting to RMB9.25 billion in the first half of 2025. The insurance segment also delivered solid performance, with the Group’s insurance business generating revenue of RMB20.89 billion in the first half of 2025. Fosun Insurance Portugal recorded overseas gross written premiums (GWP) of EUR924 million and received an “A” rating from S&P, while Peak Reinsurance achieved GWP of US$1,061 million, reflecting a year-on-year increase of 25.1%, demonstrating strong growth momentum.

In addition, Fosun has continued to drive innovation in financial technology. Finloop, independently incubated by Fosun Wealth, has launched the FinRWA Platform (FRP), a comprehensive one-stop solution for Real World Assets (RWA) technology. The company is actively advancing asset tokenization projects. Fosun International Securities Limited and Fosun International Asset Management Limited have respectively obtained upgraded Type 1 and Type 9 licenses from the Hong Kong Securities and Futures Commission (HKSFC), with steady progress in building virtual asset and RWA platforms.

Overall, by focusing on its core advantageous industries, optimizing capital structure, and deepening its global operations, Fosun has earned unanimous support from domestic and foreign securities firms, with the market highly optimistic about its future growth prospects.

Hashtag: #Fosun #FosunInternational

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

Airline Fraud Rates Drop Globally with Europe Leading 50% Decline, Accertify Analysis Reveals

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Despite Global Declines, Data Shows Fraud Threats Persist on Key Corridors

ITASCA, Ill., Sept. 2, 2025 /PRNewswire/ — Accertify, Inc., a leading provider of fraud prevention and digital identity solutions, today released new data showing airline fraud rates have declined across all major global regions in the first half of 2025, with Europe posting the largest drop — a 50% year-over-year decrease in fraud pressure*. The analysis also reveals improvements in the United States and Asia Pacific, while underscoring that targeted risks persist.

Based on analysis of millions of airline transactions across major carriers, Accertify found that global fraud rates dropped 30% year-over-year to 0.25%, or one fraud attempt in every 400 bookings. The decline was most pronounced in Europe, where fraud pressure on departure flights fell by half compared to the same period last year. European routes now account for just 12% of all attempted fraud worldwide, down from 24% in the first half of 2024.

In the United States, fraud rates on domestic and international travel dropped 38% to one fraud attempt in every 556 bookings (0.18%).

Breaking the data down further, the analysis revealed notable shifts at individual airports:

  • United States: Dallas Love Airport (-69%), San Diego International (-68%), and Chicago Midway (-67%) saw the largest year-over-year drops in fraud pressure. In contrast, Daniel K. Inouye International in Honolulu experienced a 175% increase, while Seattle-Tacoma International rose 40%, moving closer to the U.S. average. Miami International ranked as the highest-risk major U.S. airport in H1 2025, despite seeing its own fraud rate decrease compared to last year.
  • Europe: Among major airports with at least one million bookings, the lowest fraud attempt rates were recorded at Kraków John Paul II International (Poland), Bristol Airport (UK), and Bologna Guglielmo Marconi Airport (Italy). Naples-Capodichino International (Italy) posted the steepest drop (-57%), followed closely by EuroAirport Basel Mulhouse Freiburg (~-50%). High-risk hubs included London Heathrow and Humberto Delgado Airport (Portugal), while Athens International and Paris Charles de Gaulle topped the list for smaller but still significant traffic airports.
  • Asia Pacific: Overall fraud pressure on departures from the Asia Pacific region declined 6% year-over-year, yet it remains one of the relatively higher-risk departure regions worldwide. Among major airports with over one million bookings, the lowest fraud attempt rates were recorded at Auckland Airport (New Zealand) and Haneda Airport (Tokyo, Japan), with Haneda achieving a 72% year-over-year drop. The largest decreases in the region came from departures out of Tokyo and Singapore (both down 27%). However, certain airports saw notable increases, including Auckland (+50%), Cairns, Australia (+230%), and Perth, Australia (+136%). Overall, fraud pressure for Australian departures rose 21.4% compared to the first half of 2024. Among smaller but still significant airports, Kuala Lumpur International (Malaysia) recorded a 114% increase, and Bangkok’s Suvarnabhumi Airport rose 47%.

“While we’re seeing positive trends in fraud reduction across many regions, our data shows that fraudsters are highly adaptive and constantly evolving their tactics,” said Mark Michelon, President of Accertify. “Even as overall fraud pressure decreases, they’re testing for new vulnerabilities and shifting their focus to exploit specific routes and gaps in security. This makes robust fraud detection more critical than ever.”

Accertify works with many of the world’s leading carriers, protecting eight of the top ten global airlines (percentage based on revenue, Accertify Client Data 2024). By combining advanced analytics, machine learning, and an extensive global fraud intelligence network, the company enables airlines to adapt quickly to evolving threats, safeguard revenue, and preserve the travel experience for legitimate passengers.

*Statistics in this release are derived from Accertify airlines client data from 2024-2025 or as stated. 

About Accertify

Accertify, Inc., is a leading provider of fraud prevention, chargeback management, and payment gateway solutions to customers spanning diverse industries worldwide. Accertify’s suite of products and services helps e-commerce companies grow their business by driving down the total cost of fraud, simplifying business processes, and ultimately increasing revenue. To learn more about Accertify, visit www.accertify.com.

Contact:

Neal Stein
Technology PR Solutions
Office: (321) 473-7407
nealjstein@techprsolutions.com

Jungbunzlauer to acquire from International Flavors & Fragrances, Inc. multipurpose site in Thomson, IL

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Advertorial Desk
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 – establishing U.S. manufacturing footprint –

BASEL, Switzerland, Sept. 2, 2025 /PRNewswire/ — Jungbunzlauer, a global leader in high-quality, sustainable ingredients from natural sources, announced today the signing of a binding and definitive agreement to acquire the multipurpose production site in Thomson, IL from International Flavors & Fragrances, Inc.  (IFF).

“This acquisition is an important step in delivering on our strategic capacity expansion in North America,” said Bruno Tremblay, Chief Executive Officer of Jungbunzlauer. “Establishing a U.S. manufacturing footprint allows us to work closer to many of our U.S. customers, better understand their challenges and deliver solutions that truly make a difference.”

The asset deal  does not include any of IFF’s commercial business, product lines or employees, and terms of the deal were not disclosed.

“Upon closing the transaction, our immediate focus will be on preparing the site for our specific production needs,” added Tremblay. “As we finalise our operational plans, we look forward to sharing updates, including information about future hiring.”

The transaction is expected to close in early Q4 2025, subject to receipt of all applicable regulatory approvals and the satisfaction of other customary closing conditions.

About Jungbunzlauer

Jungbunzlauer is a leading producer of high-quality, sustainable ingredients from natural sources, serving industries from food and beverage, to nutrition, health, home and personal care, among others. Leading the way in developing naturally better ingredients that enhance everyday life, we are a trusted partner offering a diverse portfolio of texturants, acidulants, sweeteners, minerals, and tailored solutions to meet our customers’ evolving needs.

Headquartered in Basel, Switzerland, with state-of-the-art facilities including large-scale fermentation operations across Europe and North America, we proudly serve more than 130 countries worldwide. Founded more than 150 years ago, Jungbunzlauer has grown into a CHF 1.3 billion company, driven by nearly 1,400 dedicated colleagues committed to a healthier, more sustainable future. Learn more at www.jungbunzlauer.com.

 

3i debuts at IFA with impressive ultra-compact robot vacuums and world-first designs

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BERLIN, Sept. 2, 2025 /PRNewswire/ — 3i, a pioneering smart home brand specializing in robotic cleaning and founded by industry leader PICEA, will make its IFA debut this year, September 5–9, showcasing its innovations under the theme “First to the Future.”

3i debuts at IFA with impressive ultra-compact robot vacuums and world-first designs
3i debuts at IFA with impressive ultra-compact robot vacuums and world-first designs

3i will unveil two upcoming robot vacuums, the Q10 Ultra and A10, scheduled to launch in Q1, 2026. Reflecting the modern trend toward minimalist home design, both models feature exceptionally compact builds for agile navigation and broader coverage, while still delivering powerful cleaning performance. 3i will also showcase its complete product lineup, each incorporating unique, cutting-edge technologies.

3i Q10 Ultra: Slides In, Climbs Up, Cleans All

The Q10 Ultra is an ultra-compact robot vacuum with a multifunctional base station. It stands at only 7.9 cm (3.1″) tall, roughly the height of a baseball, and has a diameter of just 29.8 cm (11.7″), making it even smaller than an LP vinyl record. This compact size allows the Q10 Ultra to move effortlessly under sofas, beds, and between the legs of baby highchairs, ensuring comprehensive coverage and eliminating dirt from hidden areas. It also means it doesn’t take up too much space in the home, so is easy to store.

Despite its compact size, the Q10 Ultra packs an impressive 20,000 Pa suction power, the highest among 3i robot vacuums. Its dust removal rate on carpets has been significantly enhanced, now more than double that of comparable products. Its UltraReach™ mop can extend up to 3.1 cm (1.2″), the industry’s longest, while the side brush reaches deep into corners for more thorough cleaning.

The Q10 Ultra also sets a new standard for obstacle-crossing, climbing heights of up to 3.5 cm (1.4″) with ease. Its universal wheel, powered by unique AirLift™ technology, makes crossing thresholds easier, ensuring uninterrupted whole-home cleaning. For navigation and obstacle avoidance, the Q10 Ultra uses 3i’s proprietary DualRay™ technology, which excels at detecting and avoiding small obstacles. Operating at noise levels as low as 50 dB, it refreshes floors before anyone even notices. Maintenance is minimal too, with the base station automatically handling mop washing and drying, dust collection, and self-cleaning. The Q10 Ultra will also be 3i’s first to support the Matter protocol, enabling seamless smart home integration.

3i A10: Advanced Features at an Accessible Price

3i will also showcase the prototype of its slimmest model yet, the A10, ideal for small homes and budget-conscious buyers.

Launching at under $150, the A10 offers standout value with features typically found in higher-end models, including 10,000 Pa suction and simultaneous vacuuming and mopping. Its side brush and mop extend by default, retracting flexibly around obstacles for thorough edge cleaning. In addition to its strong cleaning performance, the A10 features advanced laser navigation, multi-level mapping, and smart app functions including recommended no-go zones and scheduled cleaning.

Showcasing 3i’s Current Innovations

3i S10 Ultra: The world’s first WaterRecycle™ floor-washing robot vacuum, featuring fully-automatic water change for a truly hands-free cleaning experience. Its real-time self-cleaning roller mop makes it especially effective for tackling liquid spills.

3i P10 Ultra: An 18,000 Pa deep-cleaning robot vacuum equipped with UltraReach™ extendable mop, auto TangleCut™, and 60℃ hot-water self-cleaning, delivering ultimate cleaning power with minimal maintenance.

3i G10+: World’s first robot vacuum with patented onboard debris compression and UltraReach™ mop, up to 60 days without emptying. Both the side brush and mop are extendable, enabling true 100% corner-to-edge cleaning.

Meet 3i at IFA 2025

Booth: H9-134, Messe Berlin

Date: September 5–9, 2025

3i will also participate in ShowStoppers on September 4, from 6 to 9 PM at Messe Berlin south entrance.

For more information, please visit 3itech.com

About 3i

3i is a pioneering smart home brand fueled by imagination, innovation, and intelligence. Founded by PICEA Corporation—a global leader in robotic cleaning product manufacturing since 2016, with over 30% of the high-end robot vacuum market—3i aims to make advanced solutions accessible to every home.

With a vision to deliver effortless cleanliness, unparalleled convenience, and lasting peace of mind, 3i is committed to creating never-before-seen products that address both common and overlooked household challenges.

Schools in Vientiane Province to Ban Student Phones Starting September

By
Phontham Visapra
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Schools in Vientiane Province to Ban Student Phones Starting September
This image is used only for representational purpose (photo credit: Calvin Yang)

Starting 1 September, Vientiane Province will ban students from bringing phones to school to reduce distractions and help them focus on their studies, the Provincial Education and Sports Administration said.

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Grey Launches Faster Rupee Payouts for Indians Earning Globally

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Advertorial Desk
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Y Combinator-backed US fintech expands services to India with minutes-fast transfers that bypass traditional banking delays

SAN FRANCISCO, US – EQS Newswire – 2 September 2025 – Y Combinator-backed startup fintech Grey (https://Grey.co/) has expanded its services to India, now offering almost instant rupee payouts to serve Indians earning from international sources—from freelancers and entrepreneurs to students and expats sending money home, receiving support from family and managing cross-border finances.

The product expansion positions Grey, a US-licensed fintech, that serves over 2 million users across 50+ countries, as a major player offering comprehensive global banking services specifically designed for India’s digitally connected workforce, providing instant access to USD, EUR, and GBP accounts alongside local rupee conversions.

India processes over $125 billion in annual remittances, more than any country globally, yet most recipients still wait 3-5 business days and pay 3-7% in hidden fees for international transfers.

“Traditional banks treat international payments like it’s still 1995,” said Idorenyin Obong, Grey’s CEO, who spent time in Bengaluru meeting users “I talked to a freelance designer who was losing ₹15,000 monthly just on conversion fees and delays. That’s serious money.”

The timing reflects India’s growing global economic integration. The country has the world’s largest freelance market with over 15 million freelancers and approximately 3 million remote workers employed by foreign companies. Most still rely on traditional payment methods with multi-day delays, despite having clients primarily based in the US, UK, Australia, Europe, and South America.

Grey’s approach differs by providing users with actual US, European, and UK bank account details, allowing international clients to pay as if hiring locally, then instantly converting funds to rupees on the recipient’s end.

“We’re not just another remittance app,” Obong explained. “We’re giving Indians the same financial infrastructure that Americans and Europeans have which is instant access to global money.”

The launch positions Grey directly against established players in India, a market where cross-border payment companies have struggled with regulatory complexity and local banking partnerships.

Indian users can sign up immediately at https://Grey.co/. The service supports payouts from 170+ countries and includes virtual USD debit cards and USDC cryptocurrency deposits and payouts.

Distributed by APO Group on behalf of Grey.

Hashtag: #Grey

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

About Grey

Grey is at the forefront of providing secure and convenient global banking solutions to meet the needs of customers and businesses. Grey holds a Money Service Business license from FINTRAC in Canada, and FinCEN in the USA, and our primary focus is emerging markets. Our range of services enables individuals and businesses to easily own and manage multi-currency accounts (). This includes currency exchange (), sending and receiving payments () to and from over 170 countries, as well as access to virtual cards ().

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