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Xiao-I Corporation Renews Service with Leading Asset Manager to Enhance Financial Services with Cognitive AI

SHANGHAI, Aug. 26, 2025 /PRNewswire/ — Xiao-I Corporation (NASDAQ: AIXI), a global leader in artificial intelligence solutions, today announced the renewal of its service with a prominent China-based mutual fund management company. This continued collaboration reinforces Xiao-I’s pivotal role in transforming financial services through advanced AI-powered customer engagement and operational efficiency.

The contract centers on deploying Xiao-I’s award-winning  iBot Pro  platform – an enterprise-grade, multi-channel, multi-modal conversational AI solution. This technology empowers the asset manager to deliver sophisticated, instant, and personalized services to its client base.

 Key services and value delivered through the partnership include: 

  •  Intelligent 24/7 Customer Service:  Providing investors with instant, accurate responses to complex inquiries regarding account status, fund performance, and transactions across web, mobile app, and other digital touchpoints, significantly enhancing accessibility and satisfaction.
  •  Automated High-Volume Inquiries:  Efficiently handling routine yet critical tasks like NAV (Net Asset Value) queries, subscription/redemption procedures, and documentation FAQs, freeing human advisors to focus on high-value client relationships and complex financial guidance.
  •  Streamlined Internal Operations:  Supporting internal teams with AI assistants for HR, IT support, and compliance queries, boosting employee productivity and reducing operational friction.
  •  Scalability & Cost Efficiency:  Enabling seamless handling of peak inquiry volumes without linear cost increases, while achieving significant operational savings.

The extension of this strategic partnership reinforces a joint commitment to innovation in asset management through AI-driven transformation. In the financial services sector—where client experience and operational precision are critical—Xiao-I’s iBot Pro platform leverages deep industry expertise and cognitive intelligence to redefine investor engagement. By enabling faster, more responsive, and always-accessible services, the solution simultaneously unlocks significant efficiency gains across institutional operations.

About Xiao-I Corporation

Xiao-I Corporation is a leading cognitive intelligence enterprise in China that offers a diverse range of business solutions and services in artificial intelligence, covering natural language processing, voice and image recognition, machine learning, and affective computing. Since its inception in 2001, the Company has developed an extensive portfolio of cognitive intelligence technologies that are highly suitable and have been applied to a wide variety of business cases. Xiao-I powers its cognitive intelligence products and services with its cutting-edge, proprietary AI technologies to enable and promote industrial digitization, intelligent upgrading, and transformation. For more information, please visit: www.xiaoi.com.

Forward-Looking Statements

This press release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. When the Company uses words such as “may,” “will,” “intend,” “should,” “believe,” “expect,” “anticipate,” “project,” “estimate” or similar expressions that do not relate solely to historical matters, it is making forward-looking statements. Forward-looking statements are not guarantees of future performance and involve risks and uncertainties that may cause the actual results to differ materially from the Company’s expectations discussed in the forward-looking statements. These statements are subject to uncertainties and risks including, but not limited to, the following: the Company’s ability to achieve its goals and strategies, the Company’s future business development and plans for future business development, including its financial conditions and results of operations, product and service demand and acceptance, reputation and brand, the impact of competition and pricing, changes in technology, government regulations, fluctuations in general economic and business conditions in China, and assumptions underlying or related to any of the foregoing and other risks contained in reports filed by the Company with the U.S. Securities and Exchange Commission (“SEC”). For these reasons, among others, investors are cautioned not to place undue reliance upon any forward-looking statements in this press release. Additional factors are discussed in the Company’s filings with the SEC, including under the section entitled “Risk Factors” in its annual report on Form 20-F filed with the SEC on May 15, 2025, as well as its current reports on Form 6-K and other filings, all of which are available for review at www.sec.gov. The Company undertakes no obligation to publicly revise these forward-looking statements to reflect events or circumstances that arise after the date hereof.

Tony Hawk’s Historic “900” Skateboard Headlines Major Skate Sale at Julien’s Auctions

BEVERLY HILLS, Calif., Aug. 26, 2025 /PRNewswire/ — Julien’s Auctions announces its partnership with legendary skateboarder Tony Hawk for the launch of “TONY HAWK: THE 900 COLLECTION.” Launching today, August 26th, 2025, marking a pivotal moment where original artifacts from Hawk’s career will be available to the public for the first time.

Curated by Tony Hawk himself, this auction offers 99 items selected for their deep personal significance and appeal to collectors. Hawk stated, “This is the first time I’ve personally been involved in every aspect of selling my own items,” underscoring the uniqueness of this event. Proceeds will benefit The Skatepark Project, Hawk’s nonprofit supporting skatepark development for youth in underserved communities.

The centerpiece is the original 1999 X Games “900” Falcon 2 Skateboard, the Birdhouse deck Hawk famously rode to land the sport’s first-ever successful 900 aerial maneuver. Outfitted with Fury trucks and unmarked wheels, this Ultimate 1 of 1 artifact is poised to set new benchmarks for skate culture memorabilia, with estimates ranging from $500,000 to $700,000. The board is equated to iconic sports collectibles such as Muhammad Ali’s first heavyweight gloves and Michael Jordan’s “Flu Game” sneakers—symbolizing a major turning point for extreme sports in popular culture.

Collectors can also bid on the signed and worn gear from the historic 1999 X Games, including Tony’s helmet, knee pads, and Adio sneakers. Other highlights include Tony’s first used pro model skateboard from 1982 (Powell-Peralta), the 2002 Olympic Torch Relay outfit worn at the Salt Lake City opening ceremonies, a unique “Simpsons“-themed coat gifted after his 2003-episode appearance, and a collection of medals and awards chronicling his legendary career.

Julien’s Auctions brings proven expertise from previous sales for high-profile icons like Princess Diana and Michael Jackson, ensuring this event garners maximum attention. The live auction will be held September 23, 2025, at 10 AM PT at the Loews Hotel in Hollywood and also online.

To participate in this landmark event and own a piece of sports history, register and bid now at [LINK TO AUCTION]

Media Contact

Michelle Gutenstein Hinz (michelleg@missingpiecegroup.com)

Michelle Steele (msteele@missingpiecegroup.com)

Joe Sivick (joe@missingpiecegroup.com)

Michael Krumper (michael@missingpiecegroup.com)

at Missing Piece Group

MPG Contact Number – 862-368-6576

 

From Boardroom to Boulevard: Bruno Marc Unveils New Additions to Its Signature Collection

NEW YORK, Aug. 26, 2025 /PRNewswire/ — Bruno Marc, the contemporary men’s footwear brand celebrated for blending style, comfort, and versatility, unveils seven striking new designs for men. From polished Oxfords that command attention in the boardroom to hybrid sneakers and casual slip-ons built for effortless day-to-night wear, these styles are crafted for the modern man’s dynamic lifestyle. Alongside Bruno Marc’s signature classics—such as the KnitFlex and MaxFlex series—these new additions underscore the brand’s commitment to accessible, sophisticated footwear that delivers both style and performance at every step.

Bruno Marc continues to set the standard for modern men’s footwear with its 2025 lineup. From boardroom-ready Oxfords to casual slip-ons and dress sneakers, each design fuses sleek style with all-day comfort and dependable performance, crafted for men who move seamlessly through every aspect of life.
Bruno Marc continues to set the standard for modern men’s footwear with its 2025 lineup. From boardroom-ready Oxfords to casual slip-ons and dress sneakers, each design fuses sleek style with all-day comfort and dependable performance, crafted for men who move seamlessly through every aspect of life.

NEW FOR 2025 – Designs for a World in Motion

Business Classic

Caden – Polished Confidence for Every Occasion 

For men who make an impression from the first handshake, the Caden Oxford blends glossy patent synthetic leather with plush velvet for a rich, tactile finish. The synthetic leather-covered foam insole reduces fatigue, while the ABS and rubber outsole offers reliable grip on polished floors. Ideal for business dinners, black-tie events, and any occasion where first impressions matter.

Business Dress Sporty

EZFlex GlideLite – The Quick-Change Professional 

Designed for men whose calendars never slow down, the EZFlex GlideLite marries a breathable knit upper with slip-on ease, making it ideal for layering with tailored trousers or dressed-down denim. At just 9.5 oz, it’s paired with a cushioned EVA sole and anti-slip patches that keep you light and steady during busy, unpredictable days.

CrossFlex CrestLite – The Lightweight Achiever 

Blending the sophistication of a Derby with sport-inspired comfort and agility, the CrossFlex CrestLite features a supple microfiber upper and EVA sole for a barely-there feel. A foam-padded collar prevents chafing, while slip-resistant patches ensure steady footing on urban terrain.

EZFlex GlideCraft – The All-Day Companion 

With a stretchy knit upper, cushioned EVA midsole, and grippy MD outsole, the EZFlex GlideCraft transitions effortlessly from casual errands to semi-formal engagements. Its breathable, lightweight design ensures lasting comfort wherever the day takes you.

Casual Smart

Jorah – Workday to Wine Bar 

The Jorah Derby-inspired dress shoe merges polished style with slip-on ease. An elastic collar allows quick wear, while the arch-support insole molds to your foot. Lightweight and responsive, it’s perfect for moving from the office to social gatherings without missing a beat.

Lifestyle Slip-On

Darrow – Everyday Breeze with a Seasonal Edge 

With a breathable knitted vamp, elastic laces, and an EVA midsole for shock absorption, the Darrow thrives in transitional weather. The anti-slip outsole provides reliable grip on damp sidewalks and leaf-covered paths, making it a versatile pick for weekend escapes or weekday commutes.

Sneakers Originals

Bruno Marc Men’s Casual Sneakers – The Crossover Sneaker 

Combining street-ready style with functional detailing, the sneaker features a spliced upper with California lasting for structured comfort. The cushioned EVA insole and slip-resistant rubber outsole keep you moving confidently through changing weather and bustling cityscapes.

BRUNO MARC CLASSICS – Perennial Favorites for Every Season

Business Dress Sporty

KnitFlex Breeze – The Year-Round Business Casual Essential 

Lightweight, breathable, and endlessly versatile, the KnitFlex Breeze delivers airy comfort with a featherlight 7.76 oz build. Wingtip stitching gives a nod to traditional craftsmanship, while its cushioned EVA sole keeps pace with your schedule from morning to dusk.

KnitFlex SmartCraft – Boardroom Comfort with Casual Ease 

With a stretch-knit upper and cushioned EVA midsole, the KnitFlex SmartCraft offers breathable comfort for transitional weather. The grippy MD outsole holds steady in autumn drizzle, making it a natural choice for professionals who balance style and practicality.

ActiveMetro – The City Walker’s Dress Shoe 

Combining sleek looks with athletic function, ActiveMetro offers shock-absorbing cushioning, a slip-resistant outsole, and breathable materials to keep feet fresh. A cupped insole provides arch support, making it perfect for urban commuters and professionals on their feet all day.

Business Classic

MaxFlex SuiteCraft – Classic Wingtip, Modern Comfort 

Elegant wingtip detailing meets a modern color-contrast welt in the MaxFlex SuiteCraft. A breathable 5mm mesh-covered EVA insole keeps feet comfortable, while the cushioned MD midsole and non-slip rubber outsole ensure lasting ease. Perfect for formal occasions and elevated weekend wear.

MaxFlex SuiteCraft- – Everyday Elegance with a Sporty Twist 

Featuring a perforated PU upper for breathability, a padded collar for comfort, and an ergonomic outsole design, the SuiteCraft- delivers a sharp look without stiffness. Moisture-wicking lining and micro-arch support make it ideal for long workdays or travel.

Casual Smart – “Refined Relaxation”

Bruno Marc Derby Dress Sneakers – The Hybrid Staple

This lace-up hybrid offers the polish of a Derby with the casual appeal of a sneaker. A perforated synthetic leather upper enhances breathability, while a cushioned cotton insole and durable TPR outsole provide all-day comfort and grip.

Bruno Marc Casual Slip-On Loafers – Everyday Comfort 

With a stretchy knitted upper, cork-covered EVA sole, and featherlight build, these loafers deliver breathable comfort in any season. Ideal for travel, weekend outings, and relaxed office settings.

Sneakers Originals

Bruno Marc Casual Sneakers – Performance Meets Polish

A supple upper, classic lace-up design, and arch-support cushioned insole make these sneakers as functional as they are fashionable. The 3.5mm anti-skid outsole ensures confident footing even on wet surfaces. Wear them with chinos, denim, or casual suiting for a fresh, modern take on smart dressing.

Workwear

Theo Work Shoes – Safety Without Sacrificing Style or Comfort 

Certified slip-resistant under ASTM F1677 standards, the Theo is built for fast-paced, high-risk environments like kitchens, bars, and hospitality floors. Liquid-repellent treatment and a breathable, stretch upper keep feet dry, while EVA foam midsoles and PU insoles deliver fatigue-fighting cushioning. At just 9.88oz per shoe, they make long shifts lighter and more comfortable.

With the expansion of its 2025 collection, Bruno Marc continues to define the standard for modern men’s footwear—where style meets performance and versatility meets sophistication. From boardroom to weekend adventures, each design delivers effortless sophistication, enduring comfort, and versatile appeal. Whether embracing the standout new releases or the trusted classics, Bruno Marc empowers men to move through life with confidence, poise, and timeless style.

Available Now

Explore the Bruno Marc Oxford collection on Amazon, Official Website, TikTok, JustFab, and in selected retail stores. Step into this season’s most coveted styles and elevate your wardrobe with our exceptional range of Oxfords. Discover unparalleled value and quality, where timeless design meets enduring comfort.

About Bruno Marc

Bruno Marc is on a mission to redefine modern luxury, offering impeccably crafted footwear that embodies sophistication without the premium price. With an unwavering commitment to quality and refinement, Bruno Marc delivers shoes that blend timeless elegance with contemporary style, making high-end fashion accessible to every man. By prioritizing craftsmanship and attention to detail, Bruno Marc ensures that luxury is not just a statement but a standard, bringing a touch of sophistication to everyday life.

MagMutual Transforms Operations with Appian

Appian AI-powered platform cuts policy migration time, accelerates quoting, and unifies operations.

MCLEAN, Va., Aug. 26, 2025 /PRNewswire/ — Appian (NASDAQ: APPN) today announced that MagMutual has successfully transformed its operations using Appian’s AI-powered platform. MagMutual is a leading provider of medical malpractice insurance, delivering comprehensive coverage to more than 40,000 healthcare providers and organizations across the United States. It partnered with Appian and Xebia to modernize its core processes and elevate the policyholder experience.

The insurer faced mounting challenges due to legacy systems and manual workflows. Quoting was slow and fragmented, siloed systems limited operational visibility and responsiveness, and policy migrations for acquisitions could take up to three years.

“People got their policy within hours of us making our quoting portal available, and we got to $1 million in revenue very, very quickly—without even advertising it,” said Mark Poling, Chief Customer Officer, MagMutual.

MagMutual built a self-service quoting portal and unified underwriting and claims workflow with Appian. Customers now get quotes instantly, and what was once a weeks-long process now takes minutes. Its digital self-service quoting portal quickly generated over $1 million in new revenue. The insurer estimates that the new process will deliver 20% annual revenue growth.

By running their core insurance processes on Appian, they’re delivering faster service and a better experience to policyholders. It eliminated the need for staff to toggle between systems, streamlining workflows and reducing friction. The solution uses Appian’s data fabric to replace three legacy tools and integrates data from Salesforce, Oasis, and MagMutual’s internal systems. Finally, it deployed Appian Process HQ to use AI to identify process bottlenecks and drive continuous improvement.

MagMutual accelerated its acquisitions and minimized service disruption to customers with Appian. Complex policy migrations from legacy systems were reduced from three years to just one year.

“Utilizing Appian AI, I see a ton of opportunity to help us continue to deliver against our strategic plans,” said Sheila Evans, Chief Product and Solutions Officer, MagMutual.

MagMutual achieved greater speed, transparency, and operational agility. By embracing Appian’s AI-powered platform, it improved internal efficiency and delivered a faster, more seamless experience to the physicians it serves.

To learn more about how MagMutual is transforming its business with Appian, watch the full story here.

About MagMutual

For more than four decades, MagMutual has been a leading provider of medical professional liability insurance. Today, the company is the largest mutual medical professional liability carrier in the U.S.,1 delivering healthcare liability insurance coverage to more than 40,000 healthcare providers and organizations nationwide. MagMutual offers customized advice, claims support and financial benefits that result in improved outcomes and stronger PolicyOwners.¹

About Appian

Appian is The Process Company. We deliver a software platform that helps organizations run better processes that reduce costs, improve customer experiences, and gain a strategic edge. Committed to client success, we serve many of the world’s largest companies across various industries. For more information, visit appian.com. [Nasdaq: APPN]

Follow Appian: LinkedIn, X (Twitter)

Logo – https://laotiantimes.com/wp-content/uploads/2025/08/appian_caption_2700px_logo-2.jpg

SHEIN Survey Reveals Back-to-School Trends Driving Gen Z and Millennial Families in 2025

Style, confidence, and self-expression lead the way as SHEIN predicts what’s next

LOS ANGELES, Aug. 26, 2025 /PRNewswire/ — SHEIN, the global fashion and lifestyle online retailer, conducted its 2025 Back-to-School Survey, spotlighting how U.S. families are redefining style and priorities for the new school year. With more than 22,000 respondents nationwide, the survey provides a pulse on the trends influencing Gen Z and Millennial families, from fashion must-haves to the role of confidence in personal style.

SHEIN 2025 Back-To-School Survey
SHEIN 2025 Back-To-School Survey

This year, students are embracing fashion as a statement of individuality. Top motivators for back-to-school shopping include discovering new outfits to express personal style (57%), capturing the “fresh start” feeling (54%), and the satisfaction of getting organized (51%). 80% of those surveyed said that making a fashion statement on the first day of school matters, with nearly 40% noting that a new outfit boosts their confidence and sets the tone for the year ahead.

The survey shows that trend-forward pieces are taking center stage:

  • Trendy tops and t-shirts: the number one must-have (73%)
  • Accessories like jewelry and caps: rising essentials (58%)
  • Statement jeans and pants: close behind (57%)

Unlike traditional shopping lists, families are embracing a more spontaneous and collaborative approach, allowing kids to select what feels authentic while parents keep an eye on deals and emerging trends.

“Because we listen to customers in real time, SHEIN has a front-row seat to what’s shaping culture,” said Lisa Zlotnick, U.S. head of brand PR for SHEIN U.S. “This survey reflects what we are seeing across our platform. Back-to-school shopping has shifted from stocking up on basics to curating bold looks that fuel confidence and creativity.”

From apparel and footwear to accessories, dorm essentials, and school-ready supplies, SHEIN offers a one-stop destination for back-to-school style, delivering affordable access to the trends Gen Z and Millennial families are leaning into right now.

Explore the latest back-to-school trends and style essentials now at SHEIN.com.

Survey methodology: Conducted via the SHEIN app from July 18 to July 23, 2025, among 22,684 U.S. customers aged 18 and older. Respondents self-reported their shopping priorities and behaviors, providing a snapshot of back-to-school shopping trends.

About SHEIN

SHEIN is a global online fashion and lifestyle retailer offering SHEIN-branded apparel and products from a global network of vendors, all at affordable prices. Headquartered in Singapore, SHEIN is committed to making the beauty of fashion accessible to all, promoting its industry-leading, on-demand production methodology for a smarter, future-ready industry.

To learn more about SHEIN, visit www.sheingroup.com.

iNtRON Bio, files Two Patent Applications for IMPA™ Platform-Based Gene Editing Technology

  • Development of gene-editing technology for Pasteurella bacteriophages using the IMPA™ platform
  • Establishment of an advanced platform technology based on CRISPR-Cas9 and recombination for Pasteurella
  • Patent applications filed for core proprietary technology enabling the incorporation of diverse payloads

BOSTON and SEOUL, South Korea, Aug. 26, 2025 /PRNewswire/ — iNtRON Bio announced today, following its recent U.S. patent application related to colorectal cancer using the IMPA™ phage engineering technology, it has now completed the filing of two patents for a new IMPA™ gene editing technology utilizing CRISPR-Cas9 and recombination-based improvement methods targeting Pasteurella bacteriophages.

The newly developed IMPA™ gene editing technology targets the capsid of bacteriophages infecting Pasteurella bacteria to produce modular phages and improve them so that multiple payloads can be loaded. It is a fundamental technology patent for various genetic engineering techniques, including gene editing, foreign protein labeling, and the introduction of novel capsids.

iNtRON Bio explained that, based on AI-driven analysis and multi-omics data, it utilized its integrated database (IDB), which consists of the ‘ip-Virtual BR Bank’ containing over 11,000 bacteriophage records and more than 600 whole genome sequences (WGS) of bacteriophages isolated and secured by the company. By selecting useful genetic resources applicable to novel CRISPR-Cas9 systems and recombination technologies and implementing them in bacteriophage gene editing technologies, it is expected that the technology will be used as a core platform for the development of anticancer drugs and vaccines in the future.

In particular, the newly filed patents present a method to precisely manipulate the genes of bacteriophages infecting Pasteurella strains using the CRISPR-Cas9 system. This involves developing and applying a plasmid capable of specific genetic manipulation at target sites while maintaining the original infectivity, thereby maximizing editing efficiency. Additionally, a dedicated plasmid capable of implementing a recombination system was also developed, enabling genetic modifications to be performed in a shorter period of time. Furthermore, the fact that gene editing of Pasteurella bacteriophages has become possible using these two improvement techniques is of great significance as it is the first case ever reported worldwide.

Jisu Son, Head of the BD Division of the Company, stated, “With the securing of the IMPA™ gene editing technology through this patent filing, we can now go beyond simply using bacteriophages as antibiotic alternatives for bacterial control, and expand the scope of application to a platform technology for developing targeted therapeutics or vaccines that label peptides or proteins selectively acting on specific diseases. This technology has enormous potential for broad use across the entire pharmaceutical industry, and we plan to apply it to gene editing of bacteriophages infecting bacteria other than Pasteurella in order to discover and select more effective drug candidates.”

YOON, Kyung Won, the CEO of the Company, stated, “Following our recent U.S. patent application, these additional two patent filings not only strengthen our existing IMPA™ platform technology but also expand its technical differentiation and application areas. On the premise of filing for PCT, we have submitted the two applications in Korea first to proceed rapidly to patent registration. By further focusing on the development of the IMPA™ phage engineering technology linked to this invention, we are enhancing the completeness of the technology, which will serve as the foundation for iNtRON Bio to develop various new drug candidates, including ADC drugs, anticancer agents, and vaccines.”

Contact US
YOON, Kyung Won (Kevin) / CEO, Vice President / kwyoon@intron.co.kr
SHIN, Tae Kyu (TK) / BD Team Leader / tkshin@intron.co.kr
www.intodeworld.com

it is iNtRON.

NYSE Content Advisory: Pre-Market Update + Investors Monitoring Latest Fed, Earnings Developments

NEW YORK, Aug. 26, 2025 /PRNewswire/ — The New York Stock Exchange (NYSE) provides a daily pre-market update directly from the NYSE Trading Floor. Access today’s NYSE Pre-market update for market insights before trading begins. 

 

NYSE Content Advisory: Pre-Market Update + Investors Monitoring Latest Fed, Earnings Developments

Ashley Mastronardi delivers the pre-market update on August 26th

  • Stocks are lower Tuesday morning after the market took a breather to begin the week. Following a rally last Friday, the major averages pulled back on Monday with investors tracking new developments
  • The Federal Reserve remains in focus on several fronts as last night, President Trump announced on Truth Social that he has fired Fed Governor Lisa Cook.
  • This comes at a time when the President has put pressure on the central bank to lower interest rates. Following Chair Powell’s Jackson Hole speech, investors anticipate a September rate cut.

Opening Bell
Allete (NYSE: ALE) celebrates its 75th anniversary on the NYSE

Closing Bell
Alerian MLP ETF (NYSE Arca: AMLP) celebrates its 15th anniversary

Click here to download the NYSE TV App

Video – https://mma.prnasia.com/media2/2758118/NYSE_Market_Update_August_26.mp4

 

Fosun Pharma Announces 2025 Interim Results

Enhancing Innovation Efficiency and Steadily Expanding Globally

SHANGHAI, Aug. 26, 2025 /PRNewswire/ — On August 26, 2025, Shanghai Fosun Pharmaceutical (Group) Co., Ltd. (“Fosun Pharma” or “the Group”; SSE: 600196, HKEX: 02196), a leading innovation-driven global healthcare company, announced its operating performance for the first half of 2025 (“the Reporting Period”).

During the Reporting Period, Fosun Pharma continued to push forward its innovation transformation and the development and commercialization of innovative products, enhance global operations, and further strengthened its global commercialization capacity and infrastructure. Fosun Pharma also deepened its digitalization and AI strategy, progressively building a digital and intelligent system covering R&D, operation, and product application.

In the first half of 2025, Fosun Pharma achieved operating revenue of RMB 19,514 million, net profit attributable to shareholders amounted to RMB1,702 million. The revenue from innovative drugs grew steadily, exceeding RMB 4,300 million, representing an increase of 14.26% as compared to the same period last year. The operating cash flow amounted to RMB 2,134 million, representing a period-on-period increase of 11.90%. Meanwhile, the Group continued to divest and integrate non-strategic and non-core assets, and gathered resources on core businesses so as to optimize asset structure, improve asset efficiency and accelerate cash return. Since 2025, the cash inflow from asset disposals from contracts signed of the Group have exceeded RMB 2,000 million in aggregate.

Building a High-value Innovative Pipeline with Breakthroughs in Core Therapeutic Areas

Fosun Pharma always takes innovation as a core driving force in its development. Fosun Pharma has established a diversified and multi-level innovative model that integrates independent R&D, co-development, licensing, fund incubation, and industrial investment. the Company continuously enhances its capabilities across four key technology platforms: antibodies, ADCs, cell therapy, and small molecules, accelerating the translation of innovative technologies and products.

During the Reporting Period, Fosun Pharma’s total R&D expenditure amounted to RMB 2,584 million, of which R&D expenses amounted to RMB 1,717 million. The R&D expenditure in the pharmaceutical manufacturing segment amounted to RMB 2,295 million, accounting for 16.51 % of pharmaceutical business revenue. In particular, the R&D expenses amounted to RMB 1,469 million, accounting for 10.57% of the segment’s revenue. Focusing on core therapeutic areas including solid tumors, hematologic malignancies and Immune-inflammatory disorders, Fosun Pharma has gradually built a high-value pipeline portfolio and is actively expanding into chronic diseases (cardiovascular, renal, and metabolic) and the neurological field.

In the field of solid tumors, Fosun Pharma has established a robust innovative product portfolio, represented by Serplulimab injection and Trastuzumab Injection to deal with lung cancer and breast cancer. During the Reporting Period, the approval of the innovative small molecule CDK4/6 inhibitor Fovinaciclib Citrate Capsules, of which Fosun Pharma owns independent intellectual property rights, further enriched the breast cancer treatment portfolio; the first independently developed innovative small molecule drug Luvometinib Tablets was approved for two indications, addressing unmet needs in rare oncological diseases; and Serplulimab Injection was approved in the EU, UK, India, and other regions. Fosun Pharma continuously advanced international multi-center clinical trials of HLX22 (recombinant humanised anti-HER2 monoclonal antibody injection) and HLX43 for injection (PD-L1-targeted antibody-drug conjugate), while introducing HLX701 (SIRPα-Fc fusion protein) and FXB0871 (PD-1-targeted IL-2 fusion protein) to further enrich the pipeline.

In the hematologic tumor area, Fosun Pharma continued to expand access and affordability for its CAR-T therapy product Yi Kai Da (Ejilunsai injection). As at the end of the Reporting Period, Yi Kai Da was included in over 110 urban customized commercial health insurances and over 90 commercial insurances, while the number of treatment centers on record exceeded 200, covering more than 28 provinces and municipalities across China. In the immune inflammation area, the dipeptidyl peptidase 1 (DPP-1) inhibitor XH-S004 achieved overseas licensing in all regions globally except Chinese Mainland, Hong Kong SAR and Macau SAR, demonstrating international recognition of its clinical value.

In the chronic disease area, products such as Yi Xin Tan (sacubitril valsartan sodium tablets), Pang Bi Fu (etelcalcetide hydrochloride injection), Bei Wen (keverprazan hydrochloride tablets) and Wan Ti Le (Tenapanor Hydrochloride Tablets) were launched, further strengthening Fosun Pharma’s presence in cardiovascular, renal, and metabolic disorders. In the neurological area, Fosun Pharma licensed in AR1001, a small molecule oral therapy designed to slow disease progression in Alzheimer’s disease, leveraging synergies with Fosun Pharma’s medical device and diagnostics businesses to explore integrated solutions for neurodegenerative diseases.

During the Reporting Period, Fosun Pharma also advanced the R&D and launch of its vaccine pipeline, with its self-developed quadrivalent influenza virus split vaccine approved in Chinese Mainland for individuals aged three and above, enriching its vaccine portfolio.

In 2025H1, a total of 4 innovative drugs (either self-developed or licensed-in) gained approval for 5 indications, and a total of 57 generic drug varieties were approved for launch; a total of 4 innovative drugs with a total of 22 generic drug varieties were applied for launch. In addition, nearly 20 clinical trials of innovative drugs (calculated by approval) were approved to be conducted by domestic and overseas regulatory institutions during the Reporting Period. During the Reporting Period, a total of 142 patents had been applied for in the pharmaceutical manufacturing segment of the Group, including 3 U.S. patent applications and 3 PCT applications 27 licensed invention patent authorization were obtained.

Additionally, in the professional medical device sector, the Ion Bronchial Navigation Operation Control System (“Ion System”) successfully achieved commercial launch. Together with innovative devices represented by the Da Vinci Surgical Robot, it has jointly improved medical accessibility in tumor surgeries. As of the end of the Reporting Period, the “Da Vinci Surgical Robot” had been installed in over 370 hospitals in Chinese Mainland, Hong Kong SAR and Macau SAR, with a cumulative installation volume exceeding 450 units, serving more than 760,000 patients. Among them, the Da Vinci Xi Surgical System achieved the highest bid-winning rate and maintained the leading market share in the industry.

Strengthening Global Operation Capabilities and Continuously Enhancing Global Market Presence

Guided by the 4IN strategy (Innovation, Internationalization, Integration, and Intelligentization), Fosun Pharma continues to enhance operational efficiency, strengthen global market presence, and promote the building of production system with international quality standards, thus laying a solid foundation for the overseas distribution of preparations. Fosun Pharma’s businesses primarily cover major overseas markets, including the United States, Europe, Africa, India, and Southeast Asia. In the first half of 2025, Fosun Pharma’s overseas revenue reached RMB 5,478 million, accounting for 28.07% of total revenue.

Since 2025, the global academic influence of Fosun Pharma’s pipeline and marketed innovative products continued to grow. Notably, Luvometinib Tablets gained recognition from the internationally authoritative academic journal Drugs, which published a report in its August 2025 issue systematically outlining the drug’s development process and key clinical data. In July 2025, Luvometinib Tablets have entered Phase 3 clinical trial for the treatment of pediatric low-grade glioma (pLGG) in Chinese Mainland, marking the first MEK-targeted drug in Chinese Mainland to enter Phase 3 clinical trial for this therapeautic area. With the increasing quality of its innovation pipeline, Fosun Pharma achieved breakthroughs in global business development (BD) for innovative drugs, strengthening global two-way license cooperation during the Reporting Period. Focusing on unmet clinical needs and core therapeutic areas, the Group enhanced its innovation pipeline through licensing and co-development while also securing multiple out-licensing agreements through Fosun Pharma and its subsidiary Henlius, accelerating product entry into markets in Europe, the United States, and Asia-Pacific.

Fosun Pharma has established a mature commercialization system covering pharmaceutical and medical device businesses, including an overseas commercial team of over 1,000 people. The pharmaceutical manufacturing segment covered markets such as the United States and Africa, while steadily expanding into emerging markets, including ASEAN and the Middle East.  In the U.S. market, Fosun Pharma has established the U.S. innovative drug team, and initiated the commercialization preparations before the launch of serplulimab injection and the preliminary preparations for the license-in projects of innovative drugs. Meanwhile, the Group has also built a clinical operations team, advancing a U.S. bridging trial for serplulimab injection in combination with chemotherapy for first-line treatment of extensive-stage small cell lung cancer (ES-SCLC), with over 100 trial centers activated. In emerging markets such as Africa, the Group has set up 6 regional drug distribution centers to provide one-stop services consisting of registration, circulation, academic promotion and post-launch safety alert and other services for customers. The medical devices segment has continued expanding its global marketing network. Sisram Medical, Fosun Pharma’s holding subsidiary, has set up12 direct-sales offices to globally, with marketing network now covering over 110 countries and regions worldwide. Meanwhile, Breas continued to deepen its presence in key markets such as Europe, the U.S., China, Japan, India, and Australia, steadily strengthening its global business layout.

With years of profound cultivation, Fosun Health, Fosun Pharma’s holding subsidiary, has formed a healthcare services platform centered on the Greater Bay Area, with the provision of general and specialized medical disciplines and the integration of online and offline services. The medical institutions controlled by Fosun Health had a total of 6,600 authorized beds, and held 9 internet hospital licenses. In terms of international and consumer-driven healthcare, Fosun Health is actively expanding into markets such as Indonesia, Hong Kong SAR, and Macau SAR, with four of its Greater Bay Area hospitals establishing international medical centers to form a high-quality medical hub with global reach. Among them, Foshan Fosun Chancheng Hospital and Heng Seng Hospital, as designated institutions under the “Hong Kong and Macau Medicine and Equipment Connect” program, introduced 15 new drugs and devices from the program’s catalogue.

ESG Rating Upgraded to AA and Sustainability Achievements Widely Recognized

While maintaining steady operations, Fosun Pharma prioritizes sustainable development, enhancing the global accessibility and affordability of innovative products. In the latest MSCI ESG rating, Fosun Pharma ascended to an ‘AA’ rating, reflecting its leadership position within the domestic pharmaceutical industry and its progress in sustainability management and performance. Fosun Pharma has been recognized in multiple prestigious lists, including the 2024 China ESG 50 List (Forbes), the China ESG Listed Company Pioneers 100 (CMG), and the China Best Managed Companies (Deloitte). Fosun Pharma was also listed on the 2025 Fortune China ESG Impact List, becoming the only Chinese pharmaceutical company featured, demonstrating broad societal recognition.

“In the second half of 2025, Fosun Pharma will continue to implement the 4IN strategy, enhance innovation capabilities and R&D efficiency, actively lay out products in core therapeutic areas with significant unmet needs, and focus on the internal development and external introduction of high-value pipelines.” Chen Yuqing, Chairman of Fosun Pharma, said. “We will vigorously develop strategic products, seize global market opportunities, optimize asset allocation, and further improve internal operational quality and efficiency to optimize the financial structure and solidify the foundation for the Company’s long-term stable development.”