Home Blog Page 2657

WIC to hold forum on cultural heritage digitalization

BEJING, Aug. 27, 2025 /PRNewswire/ — A news report from CRI Online: 

The World Internet Conference (WIC) held a press conference in Beijing on Aug 26 to brief the media on the upcoming 2025 WIC Cultural Heritage Digitalization Forum, outlining its overall arrangements, preparation progress, and key events.

Ren Xianliang, secretary-general of the WIC, Sun Daguang, head of the Publicity Department of the Communist Party of China Shaanxi Provincial Committee, and Zhang Fenghu, head of the Cyberspace Administration of Xi’an, attended the briefing and answered media questions. The event was chaired by Liang Hao, executive deputy secretary-general of the WIC.

The WIC holds a press conference in Beijing on Aug 26 to brief the media on the upcoming 2025 WIC Cultural Heritage Digitalization Forum
The WIC holds a press conference in Beijing on Aug 26 to brief the media on the upcoming 2025 WIC Cultural Heritage Digitalization Forum

The forum, hosted by the WIC and organized by the People’s Government of Shaanxi Province, will be held in Xi’an from Sept 16 to 17 under the theme “Bridging History through Digitalization, Building Civilization with Intelligence.” Discussions will center on key topics including “Preservation and Inheritance,” “Technology and Innovation,” “Industry and Empowerment” and “Openness and Collaborative Governance.” The forum seeks to explore new digital approaches to cultural heritage preservation and foster exchanges among civilizations.

Ren noted that cultural heritage carries the legacy of civilizations. Digital technology, he said, has become a powerful tool for safeguarding and revitalizing cultural heritage. Hosting the forum in Xi’an, a historic cultural city, both reflects global trends in digital civilization and highlights the WIC’s commitment to promoting digital protection and inheritance of cultural heritage, he noted.

Sun highlighted that Shaanxi has always attached great importance to the preservation and inheritance of cultural heritage and has made sustained efforts to advance its digitalization. He noted that the forum provides a valuable opportunity to strengthen dialogue with all sectors, draw on collective wisdom, and build broader consensus. By more effectively integrating culture with technology and harnessing digital tools, Shaanxi aims to enhance cultural heritage protection and inheritance. The province will further deepen international cooperation in this field, actively implement the Global Civilization Initiative, and contribute to greater exchanges and mutual learning among civilizations, he added.

Zhang said that in recent years, Xi’an has advanced its strategy of revitalizing the city through culture, seizing opportunities brought by digital transformation and using digital technologies to drive the creative transformation and innovative development of its rich historical and cultural heritage. He said the city would take the forum as an opportunity to learn from international best practices, advance cultural exchanges, and play an active part in building a community with a shared future in cyberspace.

The forum will bring together senior representatives from international organizations, ministerial-level officials from relevant government departments, foreign envoys in China, representatives from leading cultural enterprises, and renowned scholars. 

Several events are scheduled to take place during the forum, including an exhibition of outstanding digitalized heritage projects, a meeting of the WIC working group on cultural heritage digitalization, a training program hosted by the WIC Digital Academy, and the release of the WIC Cultural Heritage Digitalization Case Collection. These events are designed to provide a global platform for exchanges and cooperation in the field of cultural heritage digitalization.

Oil and Gas Output Hits New Record Profitability Remains Resilient—-CNOOC Limited Announced Its 2025 Interim Results

HONG KONG, Aug. 27, 2025 /PRNewswire/ — CNOOC Limited (the “Company”, SEHK: 00883 (HKD Counter) and 80883 (RMB Counter), SSE: 600938) announced today its 2025 interim results.

  • Net production increased by 6.1% year-on-year (“YoY”) while natural gas up 12.0%
  • Remained cost competitive and net profit attributable to equity shareholders reaching RMB 69.5billion
  • Actively sharing development results, HK$0.73 per share (tax inclusive) of interim dividend declared

In the first half of 2025, with the concerted efforts of all employees, CNOOC Limited contained the impact of oil price volatility by sticking to its strategy of reserves and production growth while strictly controlling costs. The Company demonstrated profitability resilience and steady progress toward high-quality development.

CNOOC Limited continued to increase reserves and production, obtaining fruitful results in oil and gas exploration. In the first half of the year, 5 new oil and gas discoveries were made and 18 oil and gas bearing structures were successfully appraised. Offshore China, the Company discovered Jinzhou 27-6, Caofeidian 22-3, Weizhou 10-5 South, and successfully appraised Qinhuangdao 29-6 and Lingshui 25-1. Overseas, the Company actively advanced deployment in strategic areas. The reserves in Guyana continued to grow through three-dimensional deepwater exploration. The Company signed its first oil exploration contract for a new block in Kazakhstan, further expanding its overseas exploration potential.

The Company efficiently promoted the construction of major projects, achieving record-high oil and gas production. In the first half of the year, the net production was 384.6 million BOE, representing an increase of 6.1% YoY, with both domestic and international production exceeding previous record highs for the same period. During the period, 10 oil and gas field development projects successfully commenced production, including the Bozhong 26-6 Oilfield Development Project (Phase I), Wenchang 9-7 Oilfield Development Project, and the Buzios7 and Mero4 projects in Brazil, demonstrating the Company’s outstanding project execution capabilities. Natural gas production surged by 12.0% YoY, showing strong momentum of growth. The Dongfang 29-1 Gas Field Development Project and the Dongfang 1-1 Gas Field 13-3 Block Development Project commenced production, while production from major producing gas fields such as Shenhai-1 and Bozhong 19-6 continued to ramp up. With Shenhai-1 Phase II Natural Gas Development Project on-stream, “Shenhai-1” is expected to produce over 4.5 billion cubic meters of natural gas per annum, becoming China’s largest offshore gas field.

CNOOC Limited remained committed to innovation-driven growth, advancing its digital and intelligent transformation in an orderly manner. Key technologies for reserves and production growth were developed and applied. Reserve utilization and oil recovery rates continued to improve, while the natural decline rate of oilfields offshore China remained at a low level. Advanced geophysical technologies were applied to improve the quality of seismic data from deep plays. Intelligent injection-production technologies were deployed on a large scale to help control the natural decline rate. The Company promoted excellent intelligent drilling and completion, with the construction speed of the demonstration projects accelerated by 26%. The Company deployed “AI+” application scenarios, while the “Shenhai-1” Intelligent Gas Field was recognized as one of China’s first batch of top-tier smart facilities. The Company integrated satellite remote sensing, unmanned equipment, and AI algorithms, to enhance its emergency response capability against typhoon-related risks, laying solid foundation for safe production.

The Company adhered to integrated development of oil and gas and new energy sectors, making solid progress in green transition. By adopting multiple measures, including energy conservation in oil and gas production, green electricity substitution, and renewable power generation, the Company made new progress in producing oil and gas in a cleaner way. In the first half of the year, the Company applied permanent magnet electric submersible pumps on a large scale, and the Qinhuangdao 32-6 Oilfields saved approximately 18 million kWh of electricity through lean power management. During the period, the Company generated over 900 million kWh of green power, while “HaiyouGuanlan” provided stable green electricity to the Wenchang Oilfields. In addition, the Company purchased and consumed 500 million kWh of green electricity. To foster new industries, China’s first offshore CCUS project was commissioned on the Enping 15-1 platform, pioneering a new mode of carbon-driven oil recovery and oil-based carbon sequestration. The Bohai Oilfields are planned to host the largest offshore CCUS center in northern China, realizing full-cycle capture, injection, and storage of CO2.

CNOOC Limited remained cost competitive, benefiting from its lean management. In the first half of the year, the Company tackled the uncertainties of external environment with stable high-quality development, demonstrating profitability resilience against oil price changes. Oil and gas sales revenue reached RMB171.7billion. Effective control over all-in cost was sustained, which remained flat YoY at US$26.94 per BOE. Net profit attributable to equity shareholders amounted to RMB69.5 billion. The Company has always actively returned to its shareholders. The Board of Directors has resolved to declare an interim dividend of HK$0.73 per share (tax inclusive).

Mr. Zhang Chuanjiang, Chairman of CNOOC Limited, said: “In the first half of the year, the Company advanced oil and gas development and production in a steady and efficient manner, effectively responding to market fluctuations and laying a solid foundation for achieving the full-year targets. Looking ahead to the second half of the year, the Company will stick to its strategy, remain committed to ensuring safe operations, to complete annual tasks, and strive to promote the high-quality development of China’s offshore energy industry to a new level.”

— End —

Notes to Editors:

More information about the Company is available at https://www.cnoocltd.com.

*** *** *** ***

This press release includes forward looking information, including statements regarding the likely future developments in the business of the Company and its subsidiaries, such as expected future events, business prospects or financial results. The words “expect”, “anticipate”, “continue”, “estimate”, “objective”, “ongoing”, “may”, “will”, “project”, “should”, “believe”, “plans”, “intends” and similar expressions are intended to identify such forward-looking statements. These statements are based on assumptions and analyses made by the Company as of this date in light of its experience and its perception of historical trends, current conditions and expected future developments, as well as other factors that the Company currently believes are appropriate under the circumstances. However, whether actual results and developments will meet the current expectations and predictions of the Company is uncertain. Actual results, performance and financial condition may differ materially from the Company’s expectations, including but not limited to those associated with macro-political and economic factors, fluctuations in crude oil and natural gas prices, the highly competitive nature of the oil and natural gas industry, climate change and environmental policies, the Company’s price forecast, mergers, acquisitions and divestments activities, HSSE and insurance policies and changes in anti-corruption, anti-fraud, anti-money laundering and corporate governance laws and regulations.

Consequently, all of the forward-looking statements made in this press release are qualified by these cautionary statements. The Company cannot assure that the results or developments anticipated will be realised or, even if substantially realised, that they will have the expected effect on the Company, its business or operations.

*** *** *** ***

For further enquiries, please contact:

Ms. Cui Liu
Media & Public Relations
CNOOC Limited
Tel: +86-10-8452-6641
Fax: +86-10-8452-1441
E-mail: mr@cnooc.com.cn

Mr. Cheng Yao
Ever Bloom (HK) Communications Consultants Group Limited
Tel: +852 5540 0725
Fax: +852 2111 1103
Email: cnooc.hk.list@everbloom.com.cn

NEWCASTLE UNITED ANNOUNCE MULTI-YEAR PARTNERSHIP WITH BYDFi

– Club joins forces with global cryptocurrency exchange –
– Collaboration will accelerate international growth and deliver new digital opportunities for fans –

VICTORIA, Seychelles, Aug. 27, 2025 /PRNewswire/ — Newcastle United has signed a multi-year partnership with global cryptocurrency exchange BYDFi, marking an important step in the club’s continued international expansion.

Newcaste United announce multi-year partnership with BYDFi
Newcaste United announce multi-year partnership with BYDFi

As the club’s Official Cryptocurrency Exchange Partner, BYDFi will work closely with Newcastle United to connect with the Magpies’ rapidly growing global fanbase, while showcasing its innovative financial solutions to new audiences worldwide.

The partnership will strengthen the club’s presence in key international markets, while giving supporters access to digital finance tools, expertise, and new experiences through BYDFi’s cutting-edge platform.

Commenting on the new partnership, Newcastle United’s Chief Commercial Officer, Peter Silverstone, said: “We’re excited to welcome BYDFi to the Newcastle United family. They’re an ambitious, forward-thinking brand whose mission to help people build their financial futures really resonates with us.

“Our club has seen incredible growth in recent years – since the 21/22 season our broadcast audience has ranked second among Europe’s top clubs, and in the Asia-Pacific region we now attract the fifth-highest Premier League TV audience. Add to that being the fastest-growing club on Premier League social media last season, and it’s clear our fanbase is expanding at a remarkable pace.

“This partnership gives BYDFi a fantastic platform to connect with our supporters around the world, and together we’ll be creating new digital experiences to bring fans even closer to the club.”

Michael Hung, Co-founder and CEO of BYDFi, added: “Lasting success, on the pitch or in finance, comes from doing the right things, repeatedly, over time. We’re honoured to partner with Newcastle United and to support a mindset where belief meets steady practice. That’s what ‘BUIDL Your Dream Finance’ means to us; BUIDL is our term for taking actions which turn ideas into reality.

“Partnering with one of Europe’s biggest clubs shows our ambition to continue our growth and reach new audiences. We are delighted to be working with Newcastle United and to reach their growing global fanbase.”

BYDFi, founded in 2020, now serves over 1,000,000 users across 190+ countries and regions. It offers a suite of crypto trading services for both beginners and seasoned investors, with a strong emphasis on compliance, education, and community-building. For more information, please visit www.bydfi.com

President’s Son Thongly Sisoulith Appointed Youth Union Secretary

Thongli Sisoulith, son of President Thongloun, has been appointed Secretary of the Lao People’s Revolutionary Youth Union. 26 August 205. (Photo credit: Lao Youth Mass Media)

Thongly Sisoulith, son of Lao President Thongloun Sisoulith, became Secretary of the Central Committee of the Lao People’s Revolutionary Youth Union (LPRYU) on 26 August.

The Union announced the appointment at its meeting, where Vice President Bounthong Chitmany attended. Thongly succeeds Monexay Laomouaxiong, who previously held the post. 

Suliya Keophilavong, Meena Sivilay, and Pany Kindavong also joined the team as deputy secretaries of the Central Committee.

During the meeting, the participants endorsed the 2026-2030 youth development plan, which sets a framework for young people to engage more actively in national initiatives and contribute to Laos’s social and economic development. The plan builds on the achievements and lessons of the past five years.

Thongly has previously served as Deputy Secretary of the LPRYU. His father, Thongloun, has led Laos as President and the Lao People’s Revolutionary Party as General Secretary since 2021, after serving as Prime Minister for the previous five years, and he continues to play a central role in government and diplomacy.

The appointment comes amid major political shifts in Laos. 

In June, the National Assembly approved constitutional amendments aimed at modernizing governance by decentralizing power to local committees and revising administrative roles. 

The reforms, effective in July 2025, were accompanied by a sweeping government reshuffle that reduced ministries from 17 to 13, reassigned or replaced nine ministers, and merged key portfolios such as Planning and Investment with Finance.

These changes reflect broader efforts to streamline governance and prepare the country for parliamentary elections scheduled for February 2026.

“Super Kids of Financial Literacy and Emotional Intelligence” Wins Social Innovation Competition

organized by JCI City Lady, Hong Kong’s first FQ × EQ education program engaged over 100 families.

HONG KONG, Aug. 27, 2025 /PRNewswire/ — Junior Chamber International City Lady (JCI City Lady) proudly announces the success of its flagship project, “Super Kids of Financial Literacy and Emotional Intelligence”, which concluded from March to July 2025 with the participation of over 100 families. The program was awarded Open Group Champion at the “Social Innovation Service Competition 2025” organized by VQ Foundation.

As the first initiative in Hong Kong to integrate financial literacy (FQ) and emotional intelligence (EQ) for children, the project combined play–based workshops, family education, and experiential learning:

  • Kick–off & Dream Board Workshop (March 22): Families co–created goal boards to set values and aspirations, with insights from legislators and education experts.
  • Parent–Child Workshops “Wealth & Emotions in Bloom” (April 13 & May 11): Children learned saving habits, resource choices, and mindful spending through games, while parents gained practical tools in emotional coaching and mindfulness.
  • Closing Ceremony & MiniWorld Adventure (July 6): Children role–played in a simulated city, earning, saving, investing, and spending. Gratitude sessions encouraged kids to thank their parents, strengthening family bonds.

Survey feedback showed over 90% of parents found the program highly educational and engaging. Many requested future editions.

The initiative also advances the United Nations Sustainable Development Goals (SDGs) by promoting quality education, mental well–being, and responsible financial practices.

JCI City Lady will continue to expand impactful parent–child education projects in partnership with schools, NGOs, and community stakeholders, nurturing the next generation of financially wise and emotionally resilient citizens.

Website: www.jcicitylady.org.hk
Facebook: facebook.com/cityladyjc
Instagram: instagram.com/jci_citylady

Deepening Cooperation for a Shared Future | POWELLDD’s Vietnamese Dealer Delegation Visits AIMA’s Smart Mobility Industrial Park in Guangxi

GUIGANG, China, Aug. 27, 2025 /PRNewswire/ — On August 1, 2025, POWELLDD’s Vietnamese dealer delegation visited AIMA Smart Mobility Industrial Park in Guangxi, which provided fresh momentum for POWELLDD’s long-term development in the Vietnamese market.

Reach Cooperation
Reach Cooperation

AIMA’s factory in Guangxi comprises four major process systems: assembly, welding, painting, and injection molding. The production process is automated, with more than 40 sets of industrial robots and an annual production capacity of 1.2 million electric vehicles. Following the visit, the delegation expressed greater confidence in collaboration, and over 10 dealers signed contracts on the spot.

POWELLDD, derived from the “Global Leading Electric Two-wheeler Brand”, is AIMA’s new sub-brand targeting overseas consumers. Backed by an international and professional two-wheeler R&D team, it promotes a youthful and liberated lifestyle, striving to deliver an exceptional riding experience to users through “European industrial aesthetics”. Since the entry into the Vietnamese market in 2023, POWELLDD has established a local factory and launched its first model, “Walkmen”.

AIMA electric vehicles are now available in over 60 countries worldwide, supported by 11 major production bases. As of March 31, 2025, cumulative sales had reached 90 million units, earning recognition from the prestigious global enterprise growth consulting firm Frost & Sullivan as the “Global Leading Electric Two-wheeler Brand”  .

Moving forward, POWELLDD will continue leveraging its parent company’s robust manufacturing capabilities to enhance product R&D and provide a green and convenient mobility lifestyle for Vietnamese consumers.

Factory Visit
Factory Visit

State Grid Xinjiang Information & Communication Company has successfully completed the upgrade and enhancement of its artificial intelligence platform, thereby establishing a solid foundation for intelligent development

URUMQI, China, Aug. 27, 2025 /PRNewswire/ — On August 25th, State Grid Xinjiang Information & Communication Company successfully completed the version upgrade and comprehensive security enhancement of its artificial intelligence platform. This upgrade further improves the platform’s functional completeness and operational stability, laying a stronger foundation for the development and application of innovative AI-based scenarios.

To ensure the smooth execution of the upgrade, the company formulated a detailed implementation plan one week in advance and advanced the preparatory work on a daily basis. Hardware expansion and system environment inspections were completed ahead of schedule, and a dedicated technical implementation plan was developed. A collaborative working mechanism encompassing “version release, progress management, and resource coordination” was established. Through multiple technical discussions and full-process simulation testing, the team ensured error-free execution during the upgrade, guaranteeing a seamless system transition.

The upgrade primarily focused on three key areas: the addition of new functionalities, resolution of known issues, and enhancement of security measures. A total of 53 practical features were introduced, including data backflow, agent sharing, training center, and model statistics, thereby enabling more refined resource management and comprehensive support for business operations. Simultaneously, 11 critical defects—such as model output format errors and portal interface inconsistencies—were addressed, significantly improving system security and operational continuity.

The successful deployment of the upgraded artificial intelligence platform not only enhances user experience and functional comprehensiveness but also achieves notable advancements in intelligent agent collaboration, model management, and security compliance. This reinforces State Grid Xinjiang Electric Power’s leadership in AI application within the power industry.

Moving forward, State Grid Xinjiang Information & Communication Company will continue to refine the platform’s high-reliability architecture, accelerate the development of a two-level collaborative operation system based on the Bright Power large model, deepen the implementation of typical business scenarios, and continuously iterate and improve the platform to provide robust technical support for the digital transformation and high-quality development of the power grid.

TOKEN2049 Singapore Breaks All Records as World’s Largest Web3 Event with 25,000 Attendees Amid Unprecedented Demand

  • World’s most prominent crypto event promises its largest and most immersive edition yet
  • Final rounds of tickets now on sale — prices increase to USD $599 this Friday 29 August with expected early event sell-out
  • Over 500 exhibitors spanning the global digital asset ecosystem
  • Speakers include Eric Trump and Donald Trump Jr., Co-Founders of World Liberty Financial; Tom Lee, Fundstrat CIO; Vlad Tenev, Robinhood Chairman and CEO; Paolo Ardoino, Tether CEO; Balaji Srinivasan, The Network State Founder; Arthur Hayes, Maelstrom CIO and many more

SINGAPORE, Aug. 27, 2025 /PRNewswire/ — TOKEN2049, the world’s largest and most influential crypto event, has unveiled its first wave of headline speakers for its flagship Singapore edition. Taking place 1–2 October 2025 at Marina Bay Sands, TOKEN2049 is set to welcome 25,000 attendees from over 160 countries, cementing its position as the main international industry gathering of the year.

The world’s most influential voices in crypto and Web3 converge at TOKEN2049 Singapore this October
The world’s most influential voices in crypto and Web3 converge at TOKEN2049 Singapore this October

With unprecedented demand driving record participation, TOKEN2049 is now entering the final rounds of ticket sales. Prices will increase to USD $599 this Friday 29 August 2025. Organizers strongly encourage attendees to secure passes early, as the event is expected to sell out ahead of time.

New to 2025 are two major additions: the debut of the TOKEN2049 Origins Hackathon, a 36-hour sprint bringing together 160 of the world’s most talented developers and builders, and the second edition of NEXUS — now the world’s largest Web3 startup competition — held in collaboration with leading venture investors Dragonfly, Pantera, and Maelstrom.

This year, TOKEN2049 will expand across all five floors of Marina Bay Sands, transforming the venue into a dynamic pop-up city. Throughout the week, 1,000 side events hosted by leading Web3 companies and projects will take place across Singapore, underscoring the event’s role as the global industry gathering of the year. At TOKEN2049, attendees can expect a festival-style experience featuring a rock-climbing wall, zipline, pickleball courts, cold plunges, live performances, breathwork sessions, and interactive zones, all complemented by TOKEN2049’s signature focus on high-quality, nutritious food.

Alex Fiskum, Co-Founder of TOKEN2049, said: We’re incredibly excited for what will be the largest industry gathering of the year, with the global crypto community converging in Singapore. This will be our most ambitious edition yet, with 25,000 attendees and 500 exhibitors as the digital asset industry takes over the city for TOKEN2049 Week, culminating with the Formula 1 Grand Prix weekend. We can’t wait to open our doors on October 1 and welcome the international ecosystem back to Singapore.”

The latest confirmed speakers reflect the breadth of leadership across technology, finance, and policy. Headliners include Eric Trump and Donald Trump Jr. (World Liberty Financial), Tom Lee (Fundstrat CIO), Vlad Tenev (Robinhood Chairman & CEO), Paolo Ardoino (Tether CEO), Balaji Srinivasan (Founder, The Network State), and Arthur Hayes (CIO, Maelstrom), with many more to be announced.

TOKEN2049 Singapore will feature over 500 exhibitors, underscoring its role as the global stage for the industry’s most important companies and projects. Title Sponsors include OKX, BloFin, Coinbase, SPACECOIN, BingX, MetaEarth, Mesh Connect, TRON, Bitget, DWF Labs, and others.

To join the 2049 Origins Hackathon waitlist, please visit: http://t2049.co/2049-origins-waitlist

To apply to compete at the NEXUS startup competition, please visit: http://t2049.co/nexus-application

For more information and continued updates on TOKEN2049 Singapore, please visit: https://www.asia.token2049.com/

Alex Fiskum, Co-Founder of TOKEN2049 is available for interview.

PR Newswire is a community partner of TOKEN2049 Singapore.

ABOUT TOKEN2049

TOKEN2049 is a global Web3 event series, organised semi-annually in Singapore and Dubai, where decision-makers in the global crypto ecosystem connect to exchange ideas, network, and shape the industry. TOKEN2049 is the preeminent meeting place for entrepreneurs, institutions, industry insiders, investors, builders, and those with a strong interest in the crypto and blockchain industry.

Media Contact
token2049sg@wachsman.com