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Three in Four Singaporeans Prioritise Leaving an Inheritance for Future Generations

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Millennials and Gen Zs lead the charge in proactive wealth planning; Gen Zs also have the highest expectations towards receiving an inheritance


SINGAPORE – Media OutReach Newswire – 19 August 2025 – A new report by Etiqa Insurance Singapore spotlights growing trends in intergenerational wealth transfer, with 77% of Singaporeans prioritising leaving a financial legacy to future generations. With two-thirds of Singaporeans having either received, transferred or expect to receive or transfer their wealth, a commitment most pronounced among those aged 55 and above (74%), proactive wealth planning and management for Singaporeans is more crucial than ever.

Wealth Transfer Insights Report 2025
Wealth Transfer Insights Report 2025

78% of Singaporeans aged 55 years and above prioritise the importance of discussing inheritance matters with their families, signalling a clear cultural shift toward open and proactive legacy planning. This reflects a broader societal shift towards greater transparency and responsibility in legacy planning, as older Singaporeans recognise the importance of wealth transfer conversations before one’s passing.

Over half of Singaporeans surveyed (53%) have either received or expect to receive an inheritance. This expectation is even higher among younger Singaporeans, with 62% under the age of 24 expecting to receive an inheritance. This indicates the need for early financial literacy and planning to ensure wealth is managed effectively.

Among Singaporeans who expect to receive or give an inheritance, one in five anticipate a windfall of $1 million or more. With large sums potentially involved, financial education becomes key, and recipients need financial planning and management to manage this wealth.

Among Singaporeans who have received their inheritance, 53% believe the inheritance plays a critical role in their long-term financial stability. In contrast only 35% of Singaporeans who have yet to receive an inheritance see it as critical factor that ensures their long-term financial stability. As the true value of an inheritance often becomes clear only after it is received, proactive financial guidance is essential to help individuals integrate it effectively into their long-term financial goals.

Other key findings of the survey include:

  • Nearly half (46%) of Singaporeans have plans to or have already initiated wealth transfers during their lifetime, shifting away from solely relying on transfers upon their passing.
  • About half of Singaporeans surveyed (49%) actively use insurance as an instrument for wealth transfer, recognising it as an effective method for legacy planning beyond basic protection.
  • Most Singaporeans preparing to pass on wealth involve their family in financial planning conversations (42%) and instilling values of responsibility and diligence (41%). A notable 18% still lack a plan for successor readiness.
  • Wealth transfer comes with complexities. Key worries for Singaporeans regarding wealth transfer include family conflict (36%), maintaining their own financial security (34%), and fears of mismanagement of wealth (31%).
  • One in three Singaporeans now involve a financial advisor in their wealth transfer planning, reflecting a growing recognition of the critical need for expert guidance in navigating complex legacy decisions.

“Our Wealth Transfer Insights Report findings indicate that wealth transfer is increasingly viewed not just as a financial event, but as a purposeful act of next generation empowerment,” said Raymond Ong, CEO of Etiqa Insurance Singapore. “It is heartening that Singaporeans are having conversations about wealth planning through open family dialogue and meticulous planning, fundamental to ensuring financial well-being of their families.”

“While Singaporeans demonstrate a strong commitment to securing their family’s financial future through wealth transfer, potential challenges such as wealth mismanagement and preserving this wealth for next generation need to be addressed,” Mr. Ong emphasised. “More strategic and informed legacy planning to bridge existing gaps and fostering continuous open dialogue are essential steps to ensure that legacies not only endure but truly empower future generations.”

Etiqa Insurance Singapore supports the community through financial planning literacy workshops and activities designed to empower individuals across all age groups. These initiatives, that will be rolled out in phases in coming years, aim to equip participants with the essential knowledge to protect, grow, and manage their wealth effectively. Find out more at: www.etiqa.com.sg

Etiqa Insurance Singapore Wealth Transfer Insights Report

The Etiqa Insurance Singapore Wealth Transfer Insights Report was conducted in collaboration with Kantar in June 2025, surveying 1,008 Singapore citizens and permanent residents across four age groups: Gen Z (18 to 28 years old), Millennials (29 to 43 years old), Gen X (44 to 59 years old), and Seniors (60 and above). This study delves into the attitudes, expectations and strategies around both receiving and passing wealth to the next generation.
Hashtag: #EtiqaInsurance

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

Etiqa Insurance Pte. Ltd.

Etiqa Insurance Pte. Ltd. (EIPL) is a life and general insurance company licensed and regulated by the Monetary Authority of Singapore and governed by the Insurance Act 1966. Having protected customers in Singapore since 1961 under the name United General Insurance Co. Sdn. Bhd., the company transitioned into the Singapore branch of Etiqa Insurance Berhad in 2009. Today, EIPL in Singapore stands as the pivotal operating entity of Etiqa Insurance Group, a leading insurance and takaful provider in ASEAN.

EIPL offers a comprehensive range of life and general insurance products accessible through its diverse distribution channels, including bancassurance, agents, brokers, financial advisers, partnerships, direct and online sales via Tiq by Etiqa. Etiqa is rated ‘A’ by credit rating agency Fitch for the group’s ‘Favorable’ business profile. EIPL is owned by Maybank Ageas Holdings Berhad, a joint venture combining local market expertise with international insurance knowledge, with 69% ownership by Maybank, the fourth largest banking group in Southeast Asia, and 31% by Ageas, an international insurance group operating across 13 countries.

Aspire Launches Yield Solution to Boost SMEs Investment Returns

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Singapore SMEs gain access to institutional-grade investment returns with full liquidity and zero minimums

SINGAPORE, Aug. 19, 2025 /PRNewswire/ — Aspire, the all-in-one finance platform for modern businesses, today announced the launch of Aspire Yield, its new investment solution, giving small businesses access to investment opportunities within their Aspire Business Account.

Singapore SMEs gain access to institutional-grade investment returns with full liquidity and zero minimums
Singapore SMEs gain access to institutional-grade investment returns with full liquidity and zero minimums

The launch follows AFT SG 2 Pte Ltd, a company within the Aspire Group, securing its Capital Markets Services License (CMS) from the Monetary Authority of Singapore (MAS) in April 2025, enabling it to offer regulated investment solutions to businesses. To ensure stability and performance needed to turn idle cash into capital growth, Aspire’s affiliate has partnered with Fullerton Fund Management for both Singapore and US dollar investments.

The integrated solution addresses a long-standing challenge for SMEs, where competitive investment opportunities have traditionally remained difficult to access without substantial minimums or complex processes that favour larger corporations with established banking relationships. Now, through the Aspire platform, Singapore’s small businesses can earn up to 2.04% for SGD investments and 3.88% for USD investments[1], compared to traditional business savings rates that typically range from 0.01% to 0.25% per annum[2].

More than half the funds were previously sitting idle

Early adoption data from Aspire Yield’s clients in beta reveals a significant untapped opportunity: approximately 55% of funds now invested through Aspire Yield were previously sitting idle in traditional business accounts, earning minimal returns.

“That’s a staggering statistic and shows just how much capital small businesses have been leaving on the table,” said Andrea Baronchelli, CEO and co-founder of Aspire. “Aspire Yield changes this by giving every eligible Singapore business access to the same high-quality money market funds that are available to institutional investors, seamlessly integrated into their daily financial operations.”

“Small and medium enterprises are the backbone of Singapore’s economy, yet they’ve historically faced barriers in accessing institutional-quality investment solutions. Our partnership with Aspire group democratises access to professional fund management, enabling SMEs to optimise their working capital with the same calibre of investment solutions traditionally reserved for larger businesses. We’re proud to support Singapore’s entrepreneurial community through Aspire’s innovative platform” said Mark Yuen, Chief Business Development Officer, Fullerton Fund Management.

Zero barriers, maximum flexibility for business operations

All eligible Singapore-incorporated businesses can now open SGD and USD Yield accounts immediately. Unlike traditional investment products that often require minimums and lengthy lock-up periods, Aspire Yield offers:

  • No minimum investment requirement — businesses can start with any amount
  • Next business day liquidity, with funds remaining accessible for operational needs
  • No lock-up periods and complete flexibility to withdraw as business needs change
  • Integrated investment management within the Aspire platform.

“Aspire Yield is refreshingly simple: no minimums, no hidden terms, and no pressure to ‘invest’ in something risky. Just move cash in, and it does its thing,” said Bhavana Ravindran, founder and CEO of Earlybird AI, which uses Aspire Yield to manage its business funds.

“We designed Aspire Yield specifically for how modern businesses operate,” explained Damien Passavent, Chief Product Officer, Aspire. “Businesses need their capital to work harder, but they also need immediate access when opportunities or challenges arise. This isn’t about locking money away – it’s about making every dollar more productive while preserving complete operational flexibility.”

For more information on Aspire Yield, visit: https://aspireapp.com/yield 

About Aspire

Aspire is the all-in-one finance platform for modern businesses globally, helping over 50,000 companies save time and money with international payments, treasury, expense, payable, and receivable management solutions – accessible via a single, user-friendly account.

Headquartered in Singapore, Aspire has 600+ employees across nine countries, clients in 30+ markets and is backed by global top tier VCs, including Sequoia, Lightspeed, Y-Combinator, Tencent and Paypal. In 2023, Aspire closed an oversubscribed US$100M Series C round and announced that it has achieved profitability. Aspire Yield is provided by AFT SG 2 Pte Ltd, a company within the Aspire Group.

[1] Investment returns may vary based on market conditions

[2] Internal research conducted by Aspire in July

 

OutSystems Transforms Scoot’s Disruption Management System to Elevate Customer Travel Experience

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Using AI-powered low-code, Scoot more than doubles the development speed of its internal communications application, enhancing operational response time during flight disruptions

SINGAPORE, Aug. 19, 2025 /PRNewswire/ — Scoot, the low-cost subsidiary of Singapore Airlines (SIA), has selected OutSystems, a leading AI-powered low-code development platform, to modernise its flight disruption management capabilities and boost operational efficiency. Leveraging AI-powered low-code, Scoot now unifies its various communications systems onto a centralised platform for flight operations management, facilitating effective cross-department coordination and better decision-making during flight disruptions.

In the commercial aviation industry, swift and accurate communication is essential for maintaining customer trust and delivering smooth customer travel experience, particularly during unexpected events. Recognising this, Scoot identified a critical need to modernise its flight disruption management system, which relied heavily on fragmented, text-based group chats that manually distributed over 600 notifications daily to various teams. This manual system, however, significantly hindered operational efficiency, as crucial updates on flight status could take some time to reach the necessary stakeholders, delaying decision-making and impacting customer satisfaction.

By cutting development time from eight months to two-and-a-half months with OutSystems, Scoot developed the Virtual Operations Command Center (vOCC) application at more than twice the speed compared to traditional development. The application integrates multiple internal communication systems to coordinate notifications and eliminate communication bottlenecks between stakeholders during operational disruptions, including:

  • Direct Connection with Scoot’s Operations Command Centre: Enables real-time access to critical information about delayed flights and other disruptions, where updates are automatically shared across departments, including operations, public relations, and customer service teams.
  • Integration with Downstream Commercial Applications: Allows for timely delivery of updates to affected passengers through various channels, including email and text messages.

Scoot’s Virtual Operations Command Centre App Developed using OutSystems. Screenshots are for illustration purposes only.
Scoot’s Virtual Operations Command Centre App Developed using OutSystems. Screenshots are for illustration purposes only.

The adoption of OutSystems has yielded significant outcomes for Scoot, including a 90% increase in data visibility across all stakeholders and a reduction of over 60% in manual processing time. Additionally, teams can now track quantifiable disruption metrics such as flight retiming metrics and number of connecting passengers, allowing for more data-driven decisions to improve operational efficiency.

Mr Jaya Balaji MV, Vice President Information Technology of Scoot, said, “As a digital-first airline, we believe modern technology is essential to enhancing customer satisfaction while maintaining cost efficiency. Digital innovation is key to unlocking these possibilities at Scoot, and our vOCC application reflects this vision. By transforming our operations control centre — the ‘nerve centre’ of the airline — with data and AI-driven insights, we have strengthened real-time decision-making, improved cross-team collaboration, and accelerated our response during disruptions such as flight delays or cancellations.”

He added, “Few industries demand agility and adaptability like commercial aviation, where the ability to react and pivot quickly, especially during unexpected events, can make all the difference in maintaining service continuity and customer trust. In this high-stakes environment, clear, real-time communication for information exchange and collaboration isn’t just helpful – it is an imperative. Adopting AI-powered low-code is a reflection of Scoot’s commitment to meeting these exacting standards with speed, precision, and innovation. Our partnership with OutSystems has significantly accelerated the delivery of a key communication solution, driving more efficient resource allocation and enhancing operational excellence, ultimately elevating the customer experience.”

“The impact of low-code and AI today goes beyond operational optimisation and efficiency; these combined technologies are actively reshaping the way industries function at their core. Scoot’s breakthrough in developing its first disruption-handling mobile application, alongside the clear business results it achieved, exemplifies how AI-powered low-code is a true game-changer for building mission-critical solutions that fuel resilience and strategic advantage in a fast-evolving business landscape. Collaborating with Scoot has been a privilege – we are proud to power their vision for smarter, more connected travel while setting new standards for service excellence in aviation,” said Leonard Tan, Regional Director, Singapore, Malaysia, Brunei, and Greater China Region at OutSystems.

Looking ahead, Scoot will further enhance its vOCC application by integrating AI capabilities via OutSystems Mentor, enabling automated, personalised communication with passengers. These enhancements will strengthen Scoot’s commitment to delivering reliable, quality services and elevating customers’ travel experiences.

Discover more about OutSystems AI-powered low-code.

About OutSystems 

OutSystems is a leading AI-powered low-code development platform, empowering IT leaders with a better way to build the software that matters most. The OutSystems platform helps companies develop, deploy, and maintain mission-critical applications by unifying and automating the entire software lifecycle. With OutSystems, organizations leverage gen AI to deliver software instantaneously, adapt faster to changing requirements, and reduce technical debt by building on a future-proof platform. Helping customers achieve their business goals by addressing key strategic initiatives, OutSystems delivers production software up to 10x faster than traditional development. Recognized as a leader by analysts, IT executives, business leaders, and developers around the world, global brands trust OutSystems to tackle their impossible projects and turn their big ideas into software that moves their business, people, and the world forward. Founded in 2001, the company’s network spans more than 850,000 community members, over 500 partners, and active customers in 75+ countries across 20+ industries. Learn more at www.outsystems.com.

Autohome Launches 2025 818 Car Shopping Festival, Delivering Smarter, Immersive Experiences for Car Buyers

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BEIJING, Aug. 19, 2025 /PRNewswire/ — As August begins, Autohome, a leading online destination for car buyers, has kicked off the seventh edition of the 818 Car Shopping Festival under the theme “20 Years of Trust, Smart Future with AI, Powered by Love.” This year’s festival, running from August 1 to September 30, focuses on the core promise of “real benefits and real subsidies,” blending immersive digital experiences, multi-tiered purchase incentives, and enhanced smart services to offer a more efficient and engaging car buying journey.

Autohome 818 Car Shopping Festival 2025
Autohome 818 Car Shopping Festival 2025

It comes at a time when new energy vehicle sales are surging, Chinese automakers are accelerating their global expansion, and AI is reshaping the automotive industry, making the festival a valuable platform for automotive enthusiasts, consumers, and industry partners to connect and explore. It also reflects the automotive industry’s rapid shift toward smarter, more connected, and experience-driven mobility.

Since its debut in 2019, the Autohome 818 Car Shopping Festival has grown from a domestic promotion into a global stage where technology, entertainment, culture, and the automotive world meet, giving automakers, dealers, and consumers a vibrant space to connect and share meaningful experiences.

Marking its 20th anniversary, Autohome is showcasing two decades of technological expertise and industry insight through three major highlights at this year’s festival:

  • Seamless online–offline experience: From online access through Ping An, Alipay, and Amap to the “Help Buy a Car” livestream, buyers can explore, compare, and choose their cars with ease, while a 100-city offline network offers exclusive side-by-side model comparisons and on-the-spot test drives for a true “see it, drive it” experience.
  • Genuine benefits and subsidies: Four layers of incentives, including RMB 30 million in exclusive Autohome funding, make buying or replacing a car more affordable. The August 18 “Car Buying Carnival Night” featured live broadcasts nationwide with prize draws and interactive giveaways to keep the excitement high.
  • AI-driven decisions: Showcasing its “ALL in AI” strategy, Autohome spotlights its Cangjie large language model along with AI Assistant and AI Buyer tools. These technologies help users compare models, check prices, and match financing options quickly and accurately.

Other complementary activities include a Hundred-City Auto Show blending music, esports, and automotive showcases, and a Used Car Fair with live bargaining, expert guidance, and exclusive deals.

The 2025 festival goes beyond promotions to reinforce consumer confidence, drive industry innovation, and set new benchmarks for experiential marketing. It expands the reach of the 818 IP as China’s most renowned automotive festival brand, deepening engagement between consumers and the global automotive ecosystem. By combining AI-powered solutions with dynamic on-site experiences, Autohome continues to position itself at the forefront of smart mobility trends.  

Autohome’s AI leadership has been further validated by its self-developed “Cangjie Model”, which recently ranked first in the authoritative SuperCLUE-AutoQA benchmark, underscoring its leadership in vertical AI capabilities. Building on 20 years of expertise and unique data assets, Autohome has developed a full-stack AI ecosystem: for consumers, this includes the in-app AI Assistant, offline AI Buyer, and the world’s first AI-powered VR automotive film experience. AI and ecosystem synergies are helping to upgrade the automotive industry, with AI embedded across the entire “view–choose–buy–use–replace” journey to deliver end-to-end empowerment, setting new standards for intelligent automotive internet services.

Looking ahead, Autohome is also accelerating its global expansion. In June 2025,it launched its global English-language platform featuring 57 Chinese auto brands and over 2,000 models, covering vehicle specs, configurations, prices, and local dealer networks. Coupled with official presences on global social media platforms, and upcoming offline experience hubs, Autohome is helping Chinese automakers lower costs, increase visibility, and build stronger global recognition.

“Our mission has always been to make car buying easier, smarter, and more enjoyable,” said Song Yang, CEO of Autohome. “The 818 Car Shopping Festival is designed to do two things: stimulate automotive consumption and bring the industry’s technology and culture closer to everyone. This year, we have brought in more partners, offered consumers greater benefits and subsidies, and put a spotlight on our AI capabilities. From our industry-leading Cangjie large language model to the AI Assistant in our app, the AI Buyer in our nationwide offline network, and AI toolkits that help the industry reduce costs and improve efficiency, we are reshaping how both consumers and businesses experience smart mobility.”

About Autohome

Autohome Inc. (NYSE: ATHM; HKEX: 2518) is a leading online platform for automobile consumers. In March 2025, its average mobile daily active users reached 76.92 million, up 10.8% year-over-year (QuestMobile). Autohome offers professionally generated, user-generated, and AI-generated content, a comprehensive automotive database, and an extensive marketplace covering the entire car ownership cycle. Its advertising, subscription, and transaction services help automakers and dealers expand reach, enhance efficiency, and drive sales.

For more information, please visit global.autohome.com & www.autohome.com.cn

Media Relations:
Autohome_pr@autohome.com.cn 

CCTV+: High-tech farm automates vegetable planting, harvest in China’s Zhejiang

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BEIJING, Aug. 19, 2025 /PRNewswire/ — The rainbow of vegetables on your salad plate might have been grown right here at a smart agriculture demonstration park in Deqing County of east China’s Zhejiang Province without a single human hand ever touching it.

 

Using cutting-edge technology, the park integrates AI with the Internet of Things to manage every step of crop production, from lettuce to arugula, with full-process smart control.

“This is an auto-transplanting machine that we’ve developed by ourselves. It is designed to replace manual labor in the transplanting process. In just 40 seconds, it can transplant 30 vegetable seedlings, boosting efficiency by over 70 percent. Along with automated transportation lines, cleaning machines, and our greenhouse environment control system, we’ve created a fully unmanned operation,” said Hu Yaofeng, technical manager of Zhejiang Houji Intelligent Technology.

Researchers say these crops are free from pesticides and heavy metals, and yield five to seven times more than traditional open-field farming.

“These are Arugula seedlings. They can be transplanted in about 15 days of cultivation. As you can see, we have already had mature sesame plants outside that have been transplanted. These plants are usually ready for harvest in 25 to 30 days. After harvesting, we sell them to companies like Freshippo and Yum! Brands,” Hu said.

From farm to shelf in record time, this high-tech harvest is supplying some of China’s biggest retailers and showcasing the future of agriculture.

It’s one the most important innovations on how China’s technology is driving the modernization of agriculture. And the goal is to deliver safer, healthier vegetables directly to your table.

SM companies among Top 5 in ASEAN good governance

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PASAY CITY, Philippines, Aug. 19, 2025 /PRNewswire/ — The Association of Southeast Asian Nations (ASEAN) Capital Market Forum (ACMF) recognized SM Investments Corporation, the parent firm of the SM group, and its property arm, SM Prime Holdings, Inc. among the Top 5 Philippine publicly listed companies (PLCs) and Top 50 ASEAN PLCs.

SM’s banking arm, BDO Unibank, Inc. ranked among the Top 50 ASEAN PLCs. Among the six Philippine PLCs awarded, three were from the SM group. BDO was the only Philippine bank to earn a spot on the Top 50 list.

In addition, China Banking Corporation (Chinabank), another financial institution under the SM group, was also named to the ASEAN Asset Class of publicly listed companies, an honor given to firms that have achieved consistently high scores under the ASEAN Corporate Governance Scorecard (ACGS).

Anchored on the 2024 ACGS Regional Assessment, this is the second time the organization affirmed SM’s corporate governance standards at par with internationally-accepted best practices after both SM Investments and SM Prime secured the top 5 spots in the Philippine Asset class and top 20 ASEAN Publicly Listed Companies in the 2022 awarding ceremony.

“Good governance is essential to long-term value creation. We continue to align our governance practices with global standards to help build trust and deliver sustainable outcomes for our stakeholders and the communities we serve.” said Frederic C. DyBuncio, President and Chief Executive Officer of SM Investments Corporation.

“Our recognition at this year’s ACGS Awards validates our commitment to building sustainable and resilient communities,” said Jeffrey C. Lim, President of SM Prime Holdings. “It affirms our belief that good governance goes hand in hand with long-term value creation for shareholders and stakeholders alike.”

“BDO’s corporate governance principles are about effective oversight, strict compliance with regulations, and sustainable value creation to promote the best interest of its various stakeholders. We value this recognition which affirms our deepest commitment to the highest standards of corporate governance practices,” Nestor V. Tan, BDO Unibank, Inc. President said.

“This recognition reaffirms Chinabank’s steadfast commitment to responsible corporate governance that goes beyond compliance while embedding ethical stewardship into our culture,” said Chinabank President and CEO Romeo D. Uyan, Jr. “We are driven by our goal to always create long-term value for our stakeholders.”

The ACGS evaluated 569 large-market-cap PLCs across the region, recognizing companies that uphold the highest standards of corporate governance aligned with international best practices.

About SM Investments Corporation

SM Investments Corporation is one of the leading Philippine companies that is invested in market-leading businesses in retail, banking, and property. It also invests in ventures that capture high growth opportunities in the emerging Philippine economy.

For more information, please visit www.sminvestments.com

 

DNAKE Launches H618 Pro: Industry-First Android 15 Indoor Monitor for Smart Intercom Systems

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XIAMEN, China, Aug. 19, 2025 /PRNewswire/ — DNAKE, a leading provider of IP video intercom and smart home system, has unveiled the H618 Pro 10.1″ Indoor Monitor, the first in the smart intercom industry to run on the Android 15 operating system. Engineered for both residential and commercial environments, the H618 Pro combines premium design, cutting-edge performance, and seamless integration with modern smart building systems.

DNAKE H618Pro - Industry-First Android 15 Indoor Monitor
DNAKE H618Pro – Industry-First Android 15 Indoor Monitor

https://www.youtube.com/watch?v=TJOxJbpXOl8

Industry-First Android 15 Platform

Powered by Android 15, the H618 Pro delivers unmatched compatibility with smart home applications, enhanced system stability, faster responsiveness, and future-ready capabilities. The OS also introduces advanced security features to protect user data and privacy. Installers enjoy simplified integration, while users benefit from a refined, secure, and highly responsive experience.

Next-Generation Wi-Fi 6 Connectivity

Equipped with Wi-Fi 6, the H618 Pro enables faster data transmission, lower latency, and stable multi-device communication. Extended coverage and stronger penetration ensure reliable performance in large residences, multi-storey buildings, and office spaces.

Optimized Performance

With up to 4GB RAM and 32GB ROM, the H618 Pro supports smooth streaming from up to 16 IP cameras, rapid application switching, and sufficient storage for future features or third-party integrations.

Premium Display & Modern Design

The 10.1-inch IPS capacitive touchscreen with 1280 × 800 resolution delivers vivid visuals and precise control. The aluminum front panel offers durability with a sleek, high-end look, suitable for any interior. Flexible mounting options include surface and desktop installations.

Smart Interaction & Integration

An optional 2MP front camera ensures clear video calls, while the proximity sensor wakes the screen automatically when approached. Power options include PoE for simplified cabling or DC12V for traditional setups. The device integrates effortlessly with other SIP-enabled devices and supports third-party smart home controls such as lighting, HVAC, and security systems.

Versatile Applications

With its powerful platform, robust connectivity, and sleek design, the H618 Pro is ideally suited for luxury residential projects, multi-unit developments, and commercial buildings seeking an advanced, future-ready indoor communication and control solution.

About DNAKE

Founded in 2005, DNAKE (Stock Code: 300884) is a trusted provider of IP intercom and smart home solutions, offering products such as IP video intercoms, 2-wire IP systems, cloud intercoms, wireless doorbells, access controls, home control panels, smart sensors and smart locks. Visit www.dnake-global.com or follow DNAKE on LinkedIn, Facebook, Instagram, X, and YouTube.

The State Grid Xinjiang Information & Communication Company has successfully completed the trial calculation of three rounds of electricity charges for the standardized electricity price code within the Energy Internet marketing service system

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URUMQI, China, Aug. 19, 2025 /PRNewswire/ — Recently, State Grid Xinjiang Information & Communication Company has successfully completed three rounds of full-scale user contract electricity fee trial calculations for the standardized electricity price code within the trial calculation environment of the Energy Internet Marketing Service System (hereinafter referred to as the “Marketing 2.0 System”).

This specialized initiative on standardizing electricity price codes encompasses five functional areas, including business environment, operational procedures, and general reporting. It covers 52 core components, such as accounting verification rules, electricity fee calculation algorithms, and report statistics, as well as modifications to 46 reports. Through the trial calculation of electricity fees for all users in Xinjiang, the accuracy of the calculation logic and the validity of the electricity price codes have been verified, ensuring seamless process execution.

To ensure the smooth implementation of the standardized electricity price code trial calculation, State Grid Xinjiang Information and Communication Company proactively conducted resource planning, comprehensively assessed existing database and cloud resources, and formulated a precise expansion plan. Key tasks, including resource allocation, data migration, construction of the electricity price trial calculation environment, and parameter optimization, were efficiently completed. Data governance was conducted for critical data elements such as customer profiles, vouchers, billing parameters, and system configurations. All three rounds of trial calculations were based on the complete set of 13.5 million electricity customers in Xinjiang. Plan creation was completed within two hours, while data preparation and electricity fee calculation were completed within ten hours, successfully integrating the entire contract trial calculation workflow. Through system performance optimization and rational resource allocation, the accuracy of fee calculations and the stability of business systems were ensured, fully supporting the realization of the “one-day account closure” objective.

Looking ahead, State Grid Xinjiang Information & Communication Company will continue to advance the electricity fee trial calculations and functional enhancements of the Marketing 2.0 standardized electricity price codes. This effort aims to ensure the stable operation of post-implementation processes, including electricity bill settlement, revenue collection, and report generation, thereby enabling the efficient operation of the Marketing 2.0 system and providing robust technical support for business continuity. These efforts will lay a solid foundation for the modernization of the power system.

 

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