DONGYING, China, May 27, 2025 /PRNewswire/ — A news report from chinadaily.com.cn:
Dongying, located in East China’s Shandong province, hosted the 2025 Yellow River Estuary Friendly Cities Conference for Cooperation and Exchange from May 23 to 25. This event served as a prelude to the 2025 Shandong International Friendship Cities Cooperation and Exchange Week.
Organized by the Dongying Municipal People’s Government, the conference brought together 47 representatives from allied cities across five countries to explore new avenues for collaboration.
The conference featured eight promotional and thematic exchange sessions, resulting in the signing of two letters of intent and eight cooperation agreements across sectors such as education, trade, and agricultural technology.
The event served as a dynamic platform for advancing international cooperation across multiple sectors.
Key activities included an international city promotion conference and a series of thematic exchange events between Dongying and its counterparts from Uzbekistan, the Republic of South Korea, and Kenya. These sessions fostered deeper collaboration in areas such as trade, culture, tourism, education, and agriculture.
Additional initiatives, including a familiarization visit by South Korean educational travel organizers and a special feature highlighting Dongying through the lens of its international partners, further enhanced the city’s global visibility and appeal to inbound tourists.
Significant progress was also made in educational and cultural cooperation.
The Dongying Municipal Bureau of Culture and Tourism signed a study tour cooperation agreement with the National Council of Youth Organizations in Korea, establishing a mechanism for regular youth exchanges. Dongying Vocational Institute launched trilateral partnerships with universities and enterprises in Uzbekistan, focusing on joint program development and talent cultivation. In addition, the Dongying International Industrial College was officially inaugurated to integrate global educational and industrial resources, providing a new platform for international academic collaboration and the development of globally competitive professionals.
Advancements in industrial and technological cooperation were another highlight.
The Dongying Chamber of Commerce under the China Chamber of International Commerce established a long-term cooperation mechanism with Uzbekistan’s Ministry of Investment, Industry, and Trade. The Yellow River Delta Institute of Intelligent Agricultural Equipment signed agreements with government, academic, and corporate partners in Kenya and Uzbekistan to jointly develop platforms, enhance talent exchange, and promote the overseas application of smart agricultural technologies.
As part of the Shandong International Friendship Cities Cooperation and Exchange Week, the conference highlighted Dongying’s commitment to openness, mutual benefit, and high-quality development.
PANAMA CITY, May 27, 2025 /PRNewswire/ — Flipster, a global cryptocurrency trading platform, announced its expansion into the Middle East region with the appointment of a regional head to drive innovation in this high-potential market.
Benjamin Grolimund, General Manager of the UAE at Flipster
The expansion is set against a regional backdrop ripe with growth opportunities. The Middle East region emerged as a global hub for cryptocurrency adoption with the United Arab Emirates (UAE) witnessing 42% year-on-year growth in crypto transactions last year alone. Supported by progressive regulations, a thriving fintech ecosystem, and a skilled talent pool, the region continues to solidify its position as a financial powerhouse, offering global players access to strategic business networks and capital.
Benjamin Grolimund joins Flipster from Rain, the first fully regulated Virtual Assets Brokerage and Custodian in the Middle East, bringing nearly two decades of experience scaling business operations and driving compliant digital assets innovation in the region. Prior to this, Ben was the founder and CEO of Finally Technologies, and the Regional Head of MEA at Bloomberg.
Appointed as General Manager of the UAE, Benjamin will oversee the firm’s business and operational strategies in the region. His appointment comes at a pivotal growth phase for Flipster, reinforcing its commitment to providing traders of all experience levels with seamless, global access to crypto trading.
Expanding into the Middle East marks a natural progression in Flipster’s global strategy, driven by the region’s strong demand for digital assets and a highly engaged, informed investor base. This move builds on the platform’s strong performance in 2024, which included an 856% increase in trading volume across existing markets. With Benjamin’s leadership, Flipster is well-positioned to support the region’s growing digital asset ecosystem and confidently execute its vision for strategic expansion in this high-growth market.
“Joining Flipster at this pivotal moment is an exciting opportunity to contribute to a bold vision for the future of digital asset trading,” said Benjamin Grolimund, General Manager of the UAE at Flipster. “The Middle East’s progressive regulatory environment and commitment to financial innovation provide an ideal foundation for responsible growth. My focus will be on establishing a strong, compliant, and operationally sound presence in the region—ensuring we build with integrity, safety, and long-term scalability. I’m proud to be part of a team that is setting new standards in the industry and driving the next phase of global expansion.”
Flipster’s expansion into the Middle East signals its commitment to work with regulators, industry partners, and the broader community. This move aims to shape the future of digital assets while ensuring traders worldwide stay ahead in a rapidly evolving market, all while maintaining the highest standards of compliance in the region.
About Flipster
Flipster is a global cryptocurrency trading platform that delivers fast, secure, and intuitive access to digital assets. With over 350 trading pairs across spot and perpetual futures markets, Flipster combines zero trading fees, tight spreads, and up to 100x leverage to give users a powerful edge in any market condition.
Users can trade and earn simultaneously—with USDT used for trading continuing to earn APR rewards—maximizing capital efficiency without sacrificing execution.
Designed with a focus on security and a user-first experience, Flipster delivers the speed, transparency, and reliability traders need to move with confidence.
Over the past year, Flipster’s trading volume grew 856%, and total user assets increased by more than 6,000%, solidifying its position as a leading derivatives trading platform.
SHANGHAI, May 27, 2025 /PRNewswire/ — Recently, Qifu Technology (Nasdaq: QFIN; Hong Kong Stock Exchange: 3660), a leading Chinese fintech company, has secured the title of “Most Honored Company” in the 2025 Extel Asia (ex-Japan) Best Managed Teams rankings, a global leader in corporate governance and investor relations research (formerly associated with Institutional Investor). The company also topped several sub-categories, including “Best CEO” “Best CFO” and “Best Investor Relations Professional”, establishing itself as a prominent benchmark in Asia’s fintech sector.
Qifu’s distinction stems from its synergistic integration of cutting-edge AI technology applications, transparent information disclosure, robust corporate governance, and effective capital market communication, forming a unique competitive edge. The Extel Awards, a renowned benchmark for evaluating corporate management in Asia, are voted by 5,437 fund managers and buy-side analysts, alongside 863 sell-side analysts. The evaluation covers core dimensions such as financial disclosure, corporate governance, executive leadership, and ESG strategy. Its predecessor, the Institutional Investor ranking system, has long been a key reference for global capital markets to assess corporate governance capabilities.
In its simultaneously released Q1 2025 financial report, Qifu reported sustained growth in business scale and user engagement:
Connected 163 financial institution partners
Reached 268 million registered users and 58.4 million credit-approved users
Facilitated loan origination of RMB 88,883 million, a 15.8% year-over-year increase
The growth is attributed to the deep implementation of its “AI + Finance” strategy. The company is developing the industry’s first intelligent agent for core credit business, composed of multiple smart modules that have already driven process reengineering and efficiency improvements across operational scenarios.
SINGAPORE, May 27, 2025 /PRNewswire/ — Ascentium, a leading global business services platform headquartered in Singapore, has announced the launch of Ascentium Max, a new Centre of Excellence (CoE) in Kuala Lumpur. This state-of-the-art shared service centre is designed to optimise key internal operations and support the company’s growth across Asia, as well as plans to expand into additional emerging markets.
Lennard Yong, Founding Management and Group CEO of Ascentium, shared his thoughts on the launch: “Strategically located in Kuala Lumpur, the establishment of Ascentium Max is a significant step forward in our commitment to operational excellence and regional growth. This Centre of Excellence will serve as a cornerstone for our expansion plans into new markets and play a pivotal role in Ascentium’s Asia Pacific operations, ensuring seamless transition while offering scalable support for future business needs.”
Centralised Expertise Driving Operational Excellence Across Asia Operating as a non-client-facing shared service hub, Ascentium Max consolidates key processes to enhance operational effectiveness, serving as a hub for specialised expertise and best practices. It supports various branches and entities of the Group by enabling our businesses across the Asia Pacific region to focus on strategic priorities while ensuring essential backend operations are seamlessly managed.
Comprehensive Service Portfolio Ascentium Max is staffed by a team of highly skilled professionals with expertise across several critical business functions, including:
Company SecretarialServices – Ensuring compliance and governance management.
Know Your Customer (KYC) – Standardising client verification and due diligence.
Accountingand TaxServices – Providing accurate financial and tax reporting and oversight.
By centralising these key functions, Ascentium Max delivers substantial benefits, including:
Enhanced Efficiency – Streamlining workflows for faster turnarounds with the latest technology and tools.
Improved Accuracy – Reducing errors and strengthening data integrity.
Cost Optimisation – Achieving economies of scale and reducing redundancies.
Consistent Quality – Maintaining uniform adherence to best practices.
Scalability – Preparing for future business expansion.
(From left to right) Lee Wei Hsiung, Director, Head of Corporate Secretarial and KG Tan, CEO, InCorp Singapore, An Ascentium Company; Marie Cho, Head of Centre of Excellence, Ascentium; Ng Cheong Seng, CEO, InCorp Malaysia, An Ascentium Company; Iti Jain, Group Transformation Head, Ascentium; Conbie Siu, CEO, and Wendy Kam, Managing Director, Corporate Secretarial Services, InCorp Hong Kong, An Ascentium Company.
About Ascentium
Ascentium is a leading global business services platform dedicated to helping businesses scale greater heights. Headquartered in Singapore, we empower extraordinary growth through specialised expertise and comprehensive one-stop solutions in corporate services, finance and accounting, HR services, and fiduciary and trust services. Our team of 2,300+ professionals spans 44 cities across 22 markets in Asia-Pacific, theMiddle East, the Americas, and Europe, serving 50,000+ client entities across diverse industries. Through innovative, technology-enabled solutions and a collaborative approach, Ascentium drives transformative growth, helping clients navigate complex global environments.
SEOUL, South Korea , May 27, 2025 /PRNewswire/ — MEXC Ventures proudly served as a key sponsor of the 2025 Korea University Blockchain Startup Ideathon, held on May 16 at Korea University’s Hana Square. Co-located with the National Center of Excellence in SW AI Startup Ideathon, organized under the National Program of Excellence in Software Universities, which includes 48 universities such as Korea University, Hanshin University, KAIST and Yonsei University, the event showcased emerging ideas in blockchain and artificial intelligence from students and early-stage entrepreneurs across Korea.
MEXC Ventures at the Forefront of Korea’s Blockchain-AI University Innovation Showcase
Hosted by Korea University’s College of Informatics and jointly organized with the KU Blockchain Research Institute and TokenPost, the blockchain track received 27 team submissions, from which 10 teams were selected through a competitive preliminary review to advance to the final round. Similarly, the AI track saw 36 entries, with 10 finalists selected. Across both tracks, 208 participants registered for the competition. On the day of the final presentations, over 600 attendees—including students, faculty, industry professionals, and investors—gathered to experience the culmination of this large-scale university-driven ideathon.
MEXC Ventures served as a premier sponsor of the blockchain track, alongside the Korea Internet & Security Agency (KISA), LG CNS, and Tether. The AI track, organized under the same program, was supported by Koscom and Toss, contributing to a diverse and collaborative innovation ecosystem across both domains. As part of its sponsorship, MEXC Ventures presented the “MEXC Ventures Award” to the team AlchemyLab in recognition of their creativity and potential in decentralized applications. The blockchain track featured several distinguished awards, including the President of KISA Award (Pondmakers), Dean of Korea University College of Informatics Award (ArcSync), and the KU Blockchain Research Institute Award (IPSHOP). Other industry-sponsored recognitions included the Tether Award (Nestyle), along with special prizes for innovation (Q-medicine), convergence (TokenSquare), and creativity (EyeOfTime).
Tracy Jin, COO of MEXC Ventures, joined the event as a keynote speaker, delivering a session titled “Catching the Next Wave: How Blockchain and AI Are Shaping Startup Innovation.” In her remarks, Jin emphasized:
“Today’s students aren’t just learning — they’re building. This new generation is deeply connected to what comes next in technology. Events like this show how universities can be the launchpads for real change, and we’re proud to stand alongside Korea University in supporting this movement.”
The judging panel for the blockchain track included Seolbin Choi, representing MEXC Ventures, alongside respected figures from Koscom, LG CNS, Kim & Chang, and Toss.
This event marks MEXC Ventures’ first official university-backed blockchain engagement in Korea. The company reaffirmed its commitment to further supporting Korea’s blockchain talent pipeline and strengthening bridges between academia and the Web3 ecosystem.
In parallel with the ideathon, MEXC Ventures also organized AI x Web3 Connect at the Hana Square Exhibition Hall on the same day. Co-organized with the KU Blockchain Research Institute, the exhibition brought together major players in the AI and blockchain ecosystem for a day of hands-on demos, startup showcases, and industry networking. Projects and companies such as Tether, OKX Wallet, and Avalanche participated in the exhibition, further enriching the event’s technical depth and global relevance.
About MEXC Ventures
MEXC Ventures is dedicated to accelerating blockchain and web3 innovation through investment, project incubation, and strategic partnerships. With the philosophy of “Empowering Partners and Growing Together,” MEXC Ventures provides founders with capital, resources, and global network access to help scale their ideas into impactful businesses. VisitMEXC Ventures.
NANJING, China, May 27, 2025 /PRNewswire/ — Tuniu Corporation (NASDAQ:TOUR) (“Tuniu” or the “Company”), a leading online leisure travel company in China, today announced that it plans to release its unaudited financial results for the first quarter ended March 31, 2025, before the market opens on June 12, 2025.
Tuniu’s management will hold an earnings conference call at 8:00 am U.S. Eastern Time on June 12, 2025 (8:00 pmBeijing/Hong Kong Time on June 12, 2025).
Listeners may access the call by dialing the following numbers:
A telephone replay will be available one hour after the end of the conference call through June 19, 2025. The dial-in details are as follows:
US
1-877-344-7529
International
1-412-317-0088
Replay Access Code: 4581400
Additionally, a live and archived webcast of this conference call will be available at http://ir.tuniu.com/.
About Tuniu Corporation
Tuniu (Nasdaq:TOUR) is a leading online leisure travel company in China that offers integrated travel service with a large selection of packaged tours, including organized and self-guided tours, as well as travel-related services for leisure travelers through its website tuniu.com and mobile platform. Tuniu provides one-stop leisure travel solutions and a compelling customer experience through its online platform and offline service network, including a dedicated team of professional customer service representatives, 24/7 call centers, extensive networks of offline retail stores and self-operated local tour operators. For more information, please visit http://ir.tuniu.com.
KOMAKI, Japan, May 27, 2025 /PRNewswire/ — Santec AOC Corporation (hereinafter “Santec AOC”), headquartered in Komaki City, Aichi Prefecture, has announced the development of its latest product, the SLM-310, a liquid crystal on silicon (LCOS)-based spatial light modulator engineered to withstand 1kW-class laser power in the near-infrared spectrum (1-micrometer band). Designed for advanced industrial applications such as metal 3D printing and precision laser processing, the SLM-310 combines high-reliability LCOS technology with newly developed liquid crystal materials, offering exceptional light resistance.
Near-infrared lasers are widely used in material processing, particularly for metals and plastics. The SLM-310 spatial light modulator significantly enhances precision and processing efficiency, and minimizes thermal effects on materials during metal processing. When integrated into laser processing machines — such as welders, hole drillers and cutters, and metal 3D printers — it enables more accurate and controlled processing.
The SLM-310 supports advanced laser processing techniques that are not achievable with traditional galvanometer scanner technology. By enabling beam shaping and multi-point laser irradiation with 1kW-class lasers, it delivers new value to metal additive manufacturing (3D printing) applications.
Product Innovation and Development
A reflective LCOS-based SLM enables precise phase control of light, allowing for a wide range of optical functions such as beam deflection and shape transformation. While Santec AOC has previously developed LCOS-SLMs capable of tolerating up to 500W of optical power, higher power resistance became essential for demanding metal-processing applications.
In response, the newly developed SLM-310 incorporates a water-cooling system and is designed to handle up to 1kW of laser power — twice the light tolerance of its predecessors. This advancement significantly extends the SLM’s applicability in high-power industrial environments.
Key Features
– High Resolution: WUXGA (1920 x 1200), 2.3 million pixels
KUALA LUMPUR, MALAYSIA – Media OutReach Newswire – 27 May 2025 – Avenue K Shopping Mall is reaffirming its commitment to inclusivity, sustainability, and holistic well-being as core pillars of its community engagement. In today’s evolving urban landscape, Avenue K continues to be a vibrant hub where individuals of all backgrounds, interests, and abilities are welcomed and empowered—living out the mall’s tagline: “Make Friends, Create Trends.”
The recent community workout event in collaboration with Fitness First at ABOVE, Avenue K Shopping Mall drew significant participation from the public.
Celebrating Neurodiversity with Oasis Place In conjunction with Autism Awareness Day, Avenue K collaborated with Oasis Place—Malaysia’s largest multidisciplinary intervention centre—to host Our Heart: Colours of Neurodiversity on 12 April 2025. The event explored themes of neurodiversity, accessibility, mental health, and assistive technology through interactive workshops, expert panels, and stories from lived experiences. The initiative reaffirmed Avenue K’s commitment to fostering an inclusive society where all individuals are seen, heard, and supported.
Feline Friendships at Avenue Katz Adoption Fiesta In an effort to promote kindness to animals and advocate for responsible pet ownership, Avenue K teamed up with Persatuan Haiwan Malaysia to organise Avenue Katz Adoption Fiesta from 14-20 April 2025, that brought together animal lovers, local shelters, and adorable feline companions in search of forever homes. A total of 43 cats were adopted during the event. Supported by key government bodies including the Department of Veterinary Services Malaysia (DVS), the event also featured educational booths and activities that raised public awareness about animal welfare and pet care. Shoppers contributed to animal-related causes, reinforcing the community’s role in animal welfare and Avenue K’s ongoing mission of compassion and meaningful impact.
Empowering Local Talent Through Music Avenue K is proud to work with Malaysian Buskers to support the local music scene through a dedicated Buskers Corner within the mall—a welcoming space for performers to share their craft with the public. On 8 May 2025, the mall also hosted the Malaysian Buskers Workshop 7.0, a hands-on training and sharing session designed to develop performance skills, industry knowledge, and community connections. These efforts highlight Avenue K’s dedication to nurturing creative expression and empowering homegrown talent.
Igniting Passion for Literacy and Learning Avenue K is home to a permanent Reading Corner curated by Books For A Better World (BFBW)—a cosy, self-service book store where visitors of all ages can browse, enjoy and purchase books at their own pace. This ongoing collaboration fosters a culture of literacy, discovery, and creativity. In support of the broader literary community, Avenue K also hosted the Global Book Crawl – Malaysia Edition (Grand Finale) from 26 – 27 April 2025, an initiative led by BFBW that celebrates the charm of independent bookshops nationwide. Through these efforts, Avenue K continues to nurture a thoughtful, engaged community with a deep passion for learning.
Health and Fitness for All Avenue K continues to inspire active living with inclusive fitness programmes that energise and engage the community. In partnership with Fitness First, the mall has hosted a variety of wellness activities—from the adrenaline-fuelled Ice Warrior Challenge and high-intensity HYROX functional training, to calming yoga sessions and rhythm-packed Body Jam and Zumba workouts. These initiatives not only promote physical health, but also foster a fun, social environment that encourages everyone to get moving.
Looking ahead, Avenue K will celebrate Global Wellness Day on 14 June 2025, with the main event taking place at Level 4, the mall’s rooftop event space. The celebration will offer a full day of activities—including workout sessions, mindfulness practices, wellness talks, health screenings, and booths featuring healthy snacks and beverages—underscoring the mall’s commitment to holistic well-being and making wellness accessible to all.
Returning with Purpose: AK Balloon Run 9.0 Avenue K’s signature event, the AK Balloon Run, returns for its 9th edition on 21 September 2025 —continuing its mission to unite people from all walks of life in a celebration of community, inclusivity, and joy. Open to runners, joggers, walkers, and differently-abled individuals, the event promotes not only a spirit of togetherness but also the importance of leading an active, healthy lifestyle.
This year, Avenue K is proud to continue its collaboration with 360 All Ability, led by wheelchair fencer Daniel Lee, reinforcing our support for adaptive sports and inclusive participation. Together, we aim to promote acceptance, break down barriers, and celebrate the strength and resilience of every individual.
Above all, AK Balloon Run 9.0 celebrates the strength of community—empowering everyone, regardless of ability, to come together, get moving, and be part of something bigger. Avenue K remains committed to championing inclusivity, unity, and the collective spirit that brings us all together.
Sustainability Through Recycling As part of its ongoing sustainability commitment, Avenue K’s Recycling Corner on Level C (Concourse) offers a convenient space for shoppers to recycle items such as e-waste, paper, plastics, and books. By promoting responsible disposal and conscious consumerism, the initiative encourages environmentally mindful practices within an urban setting—fostering a greener, more sustainable community.
A Lasting Commitment to Community At Avenue K, community engagement and inclusivity are not one-off initiatives—they are part of our core identity. Staying true to our tagline “Make Friends, Create Trends,” we strive to build meaningful connections and lead with purpose by championing causes that matter. As we continue to evolve alongside our city, we remain dedicated to creating experiences that connect, uplift, and celebrate every member of our diverse community. Whether through wellness, education, sustainability, or inclusion, Avenue K is proud to be a space where everyone belongs.
The issuer is solely responsible for the content of this announcement.
About Avenue K Shopping Mall
Avenue K is Kuala Lumpur’s coolest urban hub, where life and creativity are celebrated. Far from a regular shopping mall, Avenue K is an experiential destination that has transformed the art of shopping. It captivates the senses with exciting experiences and Instagrammable spaces waiting to be discovered. Avenue K is where you make friends, and create trends. For more information, please visit www.avenuek.com.my.
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