29.7 C
Vientiane
Tuesday, June 24, 2025
spot_img
Home Blog Page 358

Surfin Meta Digital Technologies completes funding round of USD 26.5 million with Woori Venture Partners, Washington University in St. Louis and Phillip Private Equity, following initial raise with Insignia Ventures Partners

SINGAPORE, April 23, 2025 /PRNewswire/ — Surfin Meta Digital Technologies, Singapore-headquartered financial technology solutions provider for the underserved, announced the successful completion of its oversubscribed funding round on April 23 2025. Woori Venture Partners, Washington University in St. Louis, and Phillip Private Equity participated in this round, bringing total funding to USD 26.5 million.

This is a remarkable achievement and milestone from the initial investment of USD 12.5 million that was led by Insignia Ventures Partners in October 2024. It is also a reflection of continued investor confidence in Surfin’s business model and its mission to support the unbanked and underbanked in emerging markets.

With this additional capital, Surfin is well-positioned to build on its capabilities to develop more innovative technologies and build a sustainable digital financial ecosystem.

“I have always believed that financial inclusion is critical towards helping less privileged people who face difficulties to access even the simplest of financial services in emerging markets. We are proud to close our funding round with strong interest from well-known institutional investors that also stand testament to Surfin’s outstanding performance and potential to grow into a truly global fintech company. We are very excited to work with Insignia, Woori, Washington University in St. Louis, and Phillips, and believe they will provide us with additional guidance and resources with which to take on this challenge.”

Dr Yanan Wu, CEO and Founder. Surfin Meta Digital Technologies


—————————————————————————————————————-

“Having partnered with many fintech companies over the years, it has been rare to find a company like Surfin bootstrapped and grown to scale across multiple markets, having to manage the complexities and nuances of each. It has the potential to truly become multi-country and multi-product, a trajectory rooted in the company’s depth of consumer data at scale, which can be harnessed to deliver hyper-local, hyper-personalized financial services. Surfin is at the forefront of a wave of companies driving equitable economic growth through data factories rather than physical ones. We are proud to see that their mission of financial inclusion for emerging markets has continued to attract the support of global investors.”

Mr Yinglan Tan, Founding Managing Partner of Insignia Ventures Partners

—————————————————————————————————————-

“We are excited to back Dr Wu and his team in its ambition to redefine financial inclusion. Surfin has made remarkable progress in creating an ecosystem of technology-powered financial services across emerging markets such as Indonesia, Philippines, India and Mexico from Singapore. Even more impressive, it has done so bootstrapped before the current institutional round. We are looking forward to supporting Surfin in its next phase of expansion”

Mr Alan Ang, Director of Woori Venture Partners

—————————————————————————————————————-

“Despite the challenging market environment, we have been impressed by Surfin’s continued commitment toward building a sustainable business model while delivering on its vision to bring financial inclusion for the less privileged in the region. We are proud to be part of this funding round by Surfin to support their continued growth journey to become a global fintech leader.”

Ms. Grace Tang, CEO and Managing Director of Phillip Private Equity, a member company of Phillip Capital Group

—————————————————————————————————————-

The proceeds will be used to support Surfin’s development into new markets, as well as to expand the company’s research & development initiatives to build a holistic suite of intelligent financial products in these markets.

Haitong International Securities Singapore assisted as a financial advisor in this funding round.

—————————————————————————————————————-

We are honored to have supported Surfin and Dr. Wu in reaching this important milestone. The success of this round reflects the clarity of Surfin’s mission, the strength of its leadership, and the confidence it has earned from respected investors. Dr. Wu’s vision to advance financial inclusion through technology is both compelling and urgently needed across emerging markets. We look forward to seeing Surfin continue to scale its impact.”

Ms. Deng Luming, Chief Executive Officer of Haitong International Securities (Singapore) Pte. Ltd.

L-R: Surfin Board of Directors at the Surfin AI Fintech Forum: 1. Dr Yanan Wu, 2. Bruce McGuire 3. John A. Quelch CBE, 4. Mohamed Nasser Ismail, 5. John Fennell, 6. Michael Spence 7. Yinglan Tan, 8. Felix Davidson, 9. Daju Gu (Board Secretary)
L-R: Surfin Board of Directors at the Surfin AI Fintech Forum: 1. Dr Yanan Wu, 2. Bruce McGuire 3. John A. Quelch CBE, 4. Mohamed Nasser Ismail, 5. John Fennell, 6. Michael Spence 7. Yinglan Tan, 8. Felix Davidson, 9. Daju Gu (Board Secretary)

—————————————————————————————————————-        

About Surfin Meta Digital Technologies

Surfin is a financial technology platform that provides digital financial services for the unbanked and underbanked in emerging markets. The company provides services including consumer lending and credit cards, payments and remittances, wealth management as well as B2B services.

Surfin’s unique differentiation lies in its focus on utilising technology to provide a highly scalable platform across borders, and providing a deep ecosystem of transparent and innovative financial solutions. For more information please visit www.surfin.sg.

About Insignia Ventures Partners

Insignia Ventures Partners is a Southeast Asia early-to-growth stage venture capital firm partnering with unstoppable founders to build great companies. Since 2017, we have invested in emerging technology companies across industries and geographies in the region, including Carro, Ajaib, GoTo (IDX: GOTO), Appier (TSE: 4180), Fazz, Shipper, Tonik, Flip and Super, and many other technology market leaders. We partner early with founders and support them from seed through growth stage as their companies create meaningful impact for millions of people in Southeast Asia and beyond. With our team of investment and operating professionals who bring together decades of experience and proprietary networks, we equip our founders with the tools they need for growth. We manage capital from premier institutional investors including sovereign wealth funds, foundations, university endowments and renowned family offices from Asia, Europe and North America.

Learn more on our websiteInsignia Business Review, our podcast On Call with Insignia (new episodes weekly on SpotifyApple Podcasts, and YouTube), and these case studies from HBS and INSEAD.

Check out our public access toolkit for founders and investors looking into region, including term sheet generators, market statistics, cybersecurity scanner, and more. We also provide venture capital education programs for C-levels and senior execs through Insignia Ventures Academy.

Follow us on LinkedInInstagram, and Twitter.

About Woori Venture Partners

Woori Venture Partners is South Korea’s leading venture capital firm with a distinguished track record spanning over 40 years. Established in 1981, Woori Venture Partners has expanded its global presence with investment hubs in Silicon Valley, Shanghai and Singapore. With investments in over 2,000 companies, over 300 of which have successfully gone public, Woori Venture Partners is dedicated to driving innovation and fostering growth opportunities worldwide.

Woori Venture Partners officially opened its Singapore office in 2023, and its presence in Southeast Asia reflects the growing investment opportunities in the region. Woori Venture Partners has cultivated a portfolio of close to 15 investments from Southeast Asia and India across diverse sectors including B2B, consumer, deep-tech, fin-tech and Web3. The Singapore office is also exploring Web3 opportunities globally, with a particular focus on the intersection of financial services and blockchain.

About Washington University in St. Louis

Founded in 1853, Washington University in St. Louis is among the world’s leaders in teaching, research, patient care and service to society. WashU is distinctive in its purpose-driven scholarship across a wide range of academic disciplines, its highly supportive residential undergraduate experience and its world-class research enterprise, which addresses scientific, social and economic challenges locally, nationally and globally.

WashU maintains a long-term endowment which is managed by the WashU Investment Management Company.  The endowment is invested globally across all asset classes with the primary purpose to support the university’s mission across generations. 

About PhillipCapital

Since its inception as a stockbroker in 1975, PhillipCapital has grown into an integrated Asian financial house with a global presence and offers a full range of quality and innovative services to retail and high-net-worth individuals, family offices, as well as corporate and institutional customers. PhillipCapital offers a comprehensive suite of financial products and services including broking in securities, futures, foreign exchange, bonds, precious metals and commodities, unit trusts, contracts for difference, exchange-traded funds; fund management, managed accounts, insurance planning, regular savings plan, investment research, equity financing and property consultancy. Institutions can also benefit from our corporate finance and advisory services as well as information technology solutions. Today, the company headquartered in Singapore operates in the financial hubs of 15 countries, including offices in Australia, Cambodia, China (and Hong Kong SAR), India, Indonesia, Japan, Malaysia, Singapore, Spain, Thailand, Turkey, UK, UAE, USA and Vietnam, serving over 1 million clients with Assets Under Management of total more than USD 65 billion. Find out more information, please visit www.phillip.com.sg.

About Haitong

–       Haitong International Securities (Singapore) Pte. Ltd.

Haitong International Securities (Singapore) Pte. Ltd. is a wholly-owned indirect subsidiary of Haitong International Securities Group Limited.

–       Haitong International Securities Group Limited

Haitong International Securities Group Limited (“Haitong International”) is an international financial institution with established presence in Hong Kong and a rapidly expanding network across the globe. It strives to serve as a bridge linking up the Chinese and overseas capital markets.

Haitong International is well positioned to serve corporate, institutional, as well as high-net worth clients worldwide. Its well-established financial services platform provides a full spectrum of financial offerings including private wealth management, corporate finance, asset management and global markets businesses. Haitong International possesses a sound risk management system that is in line with international standards. Haitong International has a global financial servicing network covering the world’s major capital markets including Hong Kong, Singapore, New York, London, Tokyo, Mumbai and Sydney, thereby making it a world-class Chinese financial institution with international competitiveness, systemic importance and brand influence.

Contact:
media@surfin.sg  

Siemens Applauded by Frost & Sullivan for Its Open, Efficient, and Interoperable Data Center Solutions and Market-leading Position

Siemens demonstrates its forward-thinking leadership and commitment to innovation by meeting the current and emerging demands of data centers to shape a more sustainable and interconnected future.

SAN ANTONIO, April 23, 2025 /PRNewswire/ — Frost & Sullivan recently assessed the data center infrastructure solutions industry and, based on its research, recognizes Siemens with the 2024 Global Company of the Year Award. The company positions itself as a leader in delivering advanced modular, scalable, and AI-driven solutions that align with key market trends and evolving customer needs. It offers a comprehensive solution suite, empowering data centers to meet the demands of a rapidly evolving industry while addressing sustainability, energy efficiency, and operational reliability concerns. Siemens stands out in a highly competitive market with low product differentiation; it achieves this by delivering a distinctive combination of sustainability, innovation, and comprehensive end-to-end solutions. Its value proposition is centered around holistic sustainability services, open interoperability, and long-term value driven by innovation. These foundational elements position the technology company as a trusted partner for data center operators seeking cutting-edge critical infrastructure. Siemens’ latest innovations include:

  • Siemens EcoTech label: The sustainability product label provides customers with the necessary transparency on the certified products’ performance across environmentally relevant criteria. This capability enables informed decision making while supporting sustainability goals.
  • blue GIS (SF6-Free): The product facilitates the global market’s ongoing SF6 phase-out by replacing the high global warming potential gas with ‘Clean Air’ and incorporates circularity to minimize environmental impact while offering high reliability and operational safety.
  • Heat reuse solutions: Automated to capture and repurpose excess heat, these systems reduce data centers’ energy consumption and enhance sustainability.
  • Desigo CC: The open, flexible, and scalable building management system for high performing buildings allows for increased comfort, security, operational efficiency, and energy efficacy.
  • Building X: The cloud-based digital building platform offers various services and ready-to-use, AI-based applications, such as Energy Manager, Sustainability Manager, and Lifecycle Twin. Its implementation enhances energy efficiency and provides full transparency while generating higher net operating income.

Siemens leverages its market-leading portfolio to transform critical infrastructure such as data centers, thus delivering significant advancements in sustainability, efficiency, and resilience:

  • SiGREEN enables data centers to track and reduce their product carbon footprints by using real emissions data. This commitment to sustainability is underscored by Siemens’ technologies, which helped customers avoid 190 million tons of CO2 emissions in 2023. Moreover, the company integrates AI and digital twin-enabled capabilities across its portfolio to provide customers with unparalleled performance optimization and sustainability management, facilitating better decision-making, cost savings, and sustainability improvements.
  • In terms of energy efficiency, Siemens’ White Space Cooling Optimization technology stands out, achieving up to 40% energy savings and enhancing power usage effectiveness. These improvements reduce operational costs and support in aligning data centers with industry best practices for energy performance.
  • To ensure resilience and business continuity, Siemens offers robust fire safety solutions, such as the natural extinguishing technology, Sinorix NXN, as well as advanced access control systems from its safety portfolio. These solutions safeguard mission-critical environments, protect against disruptions, and maintain seamless operations.

Gautham Gnanajothi, Global Vice President of Research at Frost & Sullivan, observed: “As a global technology leader across diverse industry verticals, Siemens is renowned for its innovative, sustainable, and forward-thinking services and solutions. Leveraging its expertise and pedigree, the company is bringing the same transformative approach to the data center industry, driving advancements in efficiency, resilience, and sustainability to meet the demands of a rapidly evolving market.”

Siemens continues to lead the market by leveraging AI-driven technologies to deliver superior performance, energy efficiency, and sustainability through the entire lifecycle of data center operations. Recognizing sustainability as an ongoing journey rather than a one-time fix, Siemens focuses on realistic, actionable, and highly customized strategies to drive tangible and incremental improvements for its customers. The company’s open, interoperable technology seamlessly integrates with data centers’ existing systems. Specifically, its digital business platform, Siemens Xcelerator, enables devices and systems from various manufacturers to connect and interact, eliminating vendor lock-ins and simplifying communication across diverse technology stacks. Some of the platform’s key differentiators are:

  • Modular and interoperable portfolio: IoT-enabled hardware and software as well as digital services in a modular approach ensures ease of integration
  • Open ecosystem of collaboration: Built on an open ecosystem, the platform promotes collaboration between solution vendors, technology partners, and developers
  • Scalability and flexibility: Modular offerings can be customized and scaled based on individual needs, making advanced technologies accessible to businesses of all sizes
  • Sustainability focus: IoT, AI, and digital twins technology are used to optimize energy efficiency and reduce carbon footprints
  • Cybersecurity: For the secure advancement of digitalization, Siemens ensures comprehensive cybersecurity measures across solutions and the partner ecosystem

As a result of these capabilities, Siemens has established itself as a trusted partner for data centers worldwide. The company’s unique combination of cutting-edge technologies, sustainability-driven solutions, and exceptional service makes it the go-to choice for data center operators seeking to future-proof their operations and stay ahead of environmental regulations.

“Siemens’ strategic financial management, strong financial results and high profitability, and digital transformation success position it ahead of competitors, making it a standout performer in the market. Equipped with a deep understanding of unmet market needs, Siemens offers a diverse portfolio of groundbreaking technologies and differentiated services designed to tackle critical industry challenges, ultimately paving the way for eco-friendly, high-performance, robust, and cost-efficient data centers,” added Gautham. Siemens earns Frost & Sullivan’s 2024 Global Company of the Year Award for its strong overall performance in the data center infrastructure solutions industry.

Each year, Frost & Sullivan presents a Company of the Year award to the organization that demonstrates excellence in terms of growth strategy and implementation in its field. The award recognizes a high degree of innovation with products and technologies, and the resulting leadership in terms of customer value and market penetration.

Frost & Sullivan Best Practices awards recognize companies in various regional and global markets for demonstrating outstanding achievement and superior performance in leadership, technological innovation, customer service, and strategic product development. Industry analysts compare market participants and measure performance through in-depth interviews, analyses, and extensive secondary research to identify best practices in the industry.

About Frost & Sullivan
For six decades, Frost & Sullivan has been world-renowned for its role in helping investors, corporate leaders, and governments navigate economic changes and identify disruptive technologies, megatrends, new business models, and companies to action, resulting in a continuous flow of growth opportunities to drive future success. Contact us: Start the discussion. Contact us: Start the discussion.

Contact:
Ashley Shreve
E: ashley.shreve@frost.com

About Siemens
Siemens AG (Berlin and Munich) is a leading technology company focused on industry, infrastructure, mobility, and healthcare. The company’s purpose is to create technology to transform the everyday, for everyone. By combining the real and the digital worlds, Siemens empowers customers to accelerate their digital and sustainability transformations, making factories more efficient, cities more livable, and transportation more sustainable. Siemens also owns a majority stake in the publicly listed company Siemens Healthineers, a leading global medical technology provider pioneering breakthroughs in healthcare. For everyone. Everywhere. Sustainably. 

In fiscal 2024, which ended on September 30, 2024, the Siemens Group generated revenue of €75.9 billion and net income of €9.0 billion. As of September 30, 2024, the company employed around 312,000 people worldwide on the basis of continuing operations. Further information is available on the Internet at www.siemens.com.

Contact:
Maike Wagner
E: maike.wagner@siemens.com
P: +41 79 448 9214

Call for Nominations: Seventh Annual .ORG Impact Awards to Recognize Global Changemakers

PIR increases age limit of “Rising Star” category from 25 to under 30

Winners eligible for prize donations up to $50,000 USD out of $180,000 USD total prize awards

RESTON, Va., April 23, 2025 /PRNewswire/ — Public Interest Registry (PIR), the nonprofit stewards of the .ORG domain, today opened the nomination period for its seventh annual .ORG Impact Awards, an annual celebration that recognizes outstanding mission-driven individuals and organizations from the global .ORG Community for their positive contributions to society.

Public Interest Registry’s .ORG top-level domain has powered mission-driven organizations around the globe for 40 years. From individuals to large corporations, small community groups to multinational NGOs, .ORGs work to positively impact the communities they serve. Over the past six years, the .ORG Impact Awards have recognized 226 outstanding .ORGs from over 87 countries. Through the Awards, Public Interest Registry has awarded $685,000 USD for transformative work taking place around the world.

“We started the .ORG Impact Awards to honor and spotlight those within the .ORG Community that work tirelessly to create positive change,” said Jon Nevett, CEO of Public Interest Registry. “When you apply to the .ORG Impact Awards, you’re joining a global community of changemakers united in a shared commitment to making the world a better place. If you’re a changemaker committed to mission-driven work or know someone who is, please submit a nomination to join our growing community.”

Applications will be accepted from April 23 to June 4, 2025, and are open to any person or organization with a .ORG domain, free of charge. The entries will be evaluated by a judging panel of leaders in the Internet, nonprofit, and marketing sectors.

Categories for the 2025 awards include:

  • Health and Healing
  • Quality Education for All
  • Diversity, Equity, and Inclusion
  • Environmental Stewardship
  • Hunger and Poverty
  • Community Building
  • Rising Star

For the first time ever, PIR has increased the age limit for the “Rising Star” category from 25 to under 30, offering even more young changemakers making a difference in the world the chance to apply.

Organizations may apply for multiple categories of awards if more than one category is a good fit. The top five entries in each category will be named as finalists on August 12, 2025, and will be eligible to be named the 2025 .ORG of the Year.

All 35 finalists will be invited on a sponsored trip to Washington, D.C. with opportunities to meet with nonprofit leaders, culminating in the final award ceremony with a surprise celebrity host on October 7, 2025. Winners will be announced at the award ceremony, honoring their work to make the world a better place. Additional event details will be released in the coming months.

Each category winner will receive $10,000 USD in donation award funds, while the ultimate .ORG of the Year will be honored with a grand prize of $50,000 USD. Finalists across all categories will receive a $2,500 USD donation. These funds offer all recognized organizations the ability to drive their missions forward as they see fit. Receiving a prestigious .ORG Impact Award not only elevates an organization’s profile but also fuels donations, funding, talent acquisition, partnership development, and audience reach.

To nominate an organization or individual for a .ORG Impact Award, visit www.orgimpactawards.org.

In 2024, over 1,700 applicants from over 87 countries submitted applications. The winner of the 2024 .ORG of the Year award was Yellow Boat of Hope Foundation, a Philippines-based nonprofit organization which provides access to education for children in remote and poverty-stricken areas by providing boats to reach their schools.

“Education is a universal right, and addressing its accessibility is a shared global responsibility. Humanity will never progress if we look only after our own backyards. Accessible, quality education is key to breaking the cycle of intergenerational poverty. I dedicate this award to thousands of Hope Paddlers, not just in the Philippines, but worldwide,” said Dr. Anton Mari H. Lim, President, CEO and Co-founder of Yellow Boat of Hope Foundation of the 2024 win. “With hope, the impossible becomes possible.”

Other 2024 winners include Kiva, a nonprofit working to expand financial access to underserved communities worldwide by offering crowdfunded microloans; The Center for Courageous Kids, a nonprofit providing life-changing overnight camp experiences for children with serious, chronic illnesses; Share Our Spare, a nonprofit organization supporting Chicago-area children by providing essential items such as diapers, clothing, and baby gear to families in need; Kids Operating Room, a Scottish charity that strives for a world where every child has access to safe surgery by building pediatric operating rooms, training local doctors, and improving access to essential medical care in low- and middle-income countries; Solidarités International, a French nonprofit providing emergency aid in disaster and conflict-affected areas, helping communities regain self-sufficiency and sustainable livelihoods; and Clinton Okechukwu from The R.E.T.I.N.A Initiative, a youth-led nonprofit organization which promotes primary eye care and works to combat preventable blindness in underserved African communities, was awarded the win in the “Rising Star” category.

About Public Interest Registry
Public Interest Registry (PIR) is a nonprofit that operates the .ORG top-level domain—one of the world’s largest generic top-level domains with more than 11 million domain names registered worldwide. .ORG is open to everyone, providing a global platform for organizations, associations, clubs, businesses and individuals to bring their ideas to life. PIR has been a champion for a free and open Internet for more than two decades with a clear mission to be an exemplary domain name registry, provide a trusted digital identity and help educate those who dedicate themselves to improving our world. PIR was founded by the Internet Society (internetsociety.org) in 2002 and is based in Reston, Virginia, USA. Visit www.pir.org for more information.

Contact: Shane Tan, shane.tan@berlinrosen.com, (718) 883-0699

 

Top Traders Engage in Taoshi’s Decentralized Trading Competition To Crowdsource Performant Investing Strategies And Earn a Share of $30M+ Rewards Pool

Leveraging Cutting Edge Blockchain and AI Technology, Top Finance-Experts Compete for Opportunity to Earn Money While Making Sophisticated Investing Opportunities Available To Everyone

SAN FRANCISCO, April 23, 2025 /PRNewswire/ — Taoshi, a leader in decentralized finance housed on the Bittensor Network, is offering top financial traders the opportunity to participate in an ongoing trading competition to develop high-performing, risk-adjusted investing strategies and join Taoshi’s elite team of traders. Once traders pass the challenge period, they can compete against others for a share in a $30M+* annualized rewards pool, the largest for trading signals in the world. Taoshi seeks to attract the brightest minds in finance to solve real investing challenges by incentivizing and rewarding effective trading strategies.

Taoshi is helping create blockchain’s killer app: compensated, crowdsourced innovation. It is a decentralized financial technology company built on Bittensor, a permissionless decentralized economy that combines artificial intelligence (AI) and blockchain technology to create an open, peer-to-peer network for building and sharing commodities.

Taoshi’s Proprietary Trading Network (PTN) Bittensor Subnet 8 aggregates top-tier investing strategies from traders who successfully complete its 60-day challenge period. Taoshi’s internal quant team analyzes these strategies to create a “super strategy” that adapts in real-time to market conditions. Traders who pass the 60-day challenge period immediately become eligible to earn a share of the $30m+ in annualized rewards.

Additionally, individual traders or teams can optionally apply for a contract program with Taoshi, where those who pass the challenge are awarded the equivalent of $100,000 in Taoshi’s Theta token, in addition to their eligibility to compete for the $30m+ in annualized rewards.

In order to pass the 60-day challenge period on PTN, traders must be in the top 75th percentile of traders on the network, have at least 60 days of trading on the network and not drawdown more than 10%. Those who reach this goal then must maintain their status in the network, and then are continually rewarded in real-time every time a new block is generated, roughly every hour, incentivizing them to further improve their trading strategies. In a period of market volatility, investors benefit from collective intelligence that no single firm could match.

“Hedge fund market opportunities and other advanced wealth management strategies have historically only been available to those who are already wealthy. That doesn’t seem right. Our subnet pits top finance-experts in an open and transparent competition to generate high-performing, risk-adjusted trading strategies across forex, crypto and other assets,” said Arrash Yasavolian, founder and CEO of Taoshi. ” These expert traders are being compensated for their ability to help us build the next generation of trading strategies, leveraging AI and blockchain to crowdsource sophisticated financial intelligence, offering everyone access to investing strategies previously only available to the wealthy.”

Taoshi’s “super strategy” will power its soon to be available wealth-building platform. With transparency, accessibility, and performance at its core, Taoshi is democratizing access to sophisticated trading tools that were once reserved for elite hedge funds and institutional investors.

“This is no ordinary trading competition,” added Yasavolian. “Other trading shops create competitions that are nearly impossible to beat. Taoshi’s competition is designed to reward top traders, drive innovation and bring advanced trading strategies to retail and institutional investors.”

Traders interested in applying to the $100k Challenge or trading on PTN can find more information on Taoshi’s website at https://www.taoshi.io/trader.

About Taoshi:

Founded in 2023, Taoshi, Inc. is a leading decentralized AI-based trading firm that democratizes access to advanced trading strategies and wealth-building tools through its decentralized infrastructure, blockchain transparency, and AI-driven ecosystem, which will empower individuals and institutions to invest with clarity and confidence. Taoshi’s network aggregates highly performant investing strategies from finance-expert miners, creating a “super strategy” that adapts in real-time to market conditions. Taoshi’s leadership team includes machine learning influencers, data scientists, and experts in developing advanced trading strategies. Together they bring years of experience to build the world’s first intelligent, decentralized trading platform, benefiting retail and institutional investors.

More information on Taoshi’s website at www.taoshi.io.

*Annualized rewards depend on market factors outside of Taoshi’s control and may fluctuate. This value is an estimate based on current market factors.

ChangAn Automobile Embraces Innovation at Auto Shanghai 2025

SHANGHAI, April 23, 2025 /PRNewswire/ — A News from iChongqing. ChangAn Automobile, an intelligent low-carbon mobility technology company, unveiled its Together for a Smarter World theme at Auto Shanghai 2025. At the event, the spotlight was on the Company’s three major strategies, the Mission of Shangri-La for new energy, Dubhe 2.0 Plan for intelligence, and its Vast Ocean Plan for global expansion, marking the beginning of a new chapter in advanced, green automobile technology.

Changan showcased its full lineup of brands at Auto Shanghai 2025. (Photo/Changan Automobile)
Changan showcased its full lineup of brands at Auto Shanghai 2025. (Photo/Changan Automobile)

ChangAn has made major technological strides through its three core strategies. For Mission of Shangri-La, the Company developed the Golden Shield solid-state battery and a full range of new energy products, including the BlueCore 3.0 powertrain and the industry’s first PREV, combining PHEV and REEV technologies. The Dubhe 2.0 Plan has advanced intelligent systems such as the Intelligent TS Drive, Intelligent TY Cockpit, and Intelligent TH Chassis. The Vast Ocean Plan has expanded ChangAn’s global footprint, particularly in Europe.

With years of investment in R&D, the company has built a strong foundation in new energy and intelligent mobility, driving the rollout of next-generation smart vehicles. At Auto Shanghai 2025, ChangAn unveiled three flagship models—CHANG-AN Q07, DEEPAL S09, and AVATR 06—a new generation of smart solutions from its three core brands that highlights the company’s leadership in advancing and popularizing smart mobility. In a global first, the company revealed a future mobility lineup that includes flying cars, humanoid robots, robot dogs, wheeled robots, and smart exoskeletons.

ChangAn also brought over 600 domestic and international media outlets and more than 500 global partners to witness the achievements of its three major brands at the auto show. Through immersive brand pavilion experiences, cutting-edge technology showcases, and a dedicated global media briefing, ChangAn delivered a compelling demonstration of innovation capabilities.

The chairman of Changan Automobile Zhu Huarong introduced the company's global vision at Auto Shanghai 2025. (Photo/Changan Automobile)
The chairman of Changan Automobile Zhu Huarong introduced the company’s global vision at Auto Shanghai 2025. (Photo/Changan Automobile)

“In 2017, ChangAn fully implemented its business venture, advancing three major strategies—the Mission of Shangri-La, Dubhe 2.0 Plan, and Vast Ocean Plan—to resolutely transform into an intelligent, low-carbon mobility technology company. “said Zhu Huarong, Chairman of ChangAn Automobile. Since then, ChangAn has consistently embraced innovation and pursued a high-end, intelligent, and green development path.

As the global industrial landscape evolves at an accelerating pace, ChangAn is committed to exploring new possibilities for future mobility in collaboration with the broader industry. The Company believes the power of science and technology will drive this new era of human mobility.

LakeShore Biopharma Announces the Official Launch of a Novel Packaging Solution for YSJA™ Rabies Vaccine (Vero Cell)

Revolutionizing Vaccination Safety with Needle-Free Reconstitution Technology

BEIJING, April 23, 2025 /PRNewswire/ — On April 18, 2025, LakeShore Biopharma Co., Ltd. (Nasdaq: LSB) (“LakeShore Biopharma” or the “Company”) successfully held the 2025 CSO (“Contract Sales Organization”) Annual Meeting and the launch meeting of YSJA™ rabies vaccine (Vero cell) novel packaging solution (liquid drug transfer device) in Changsha, Hunan Province. Approved for lot release by regulatory authorities on April 15, 2025, the new formulation will begin nationwide distribution in China within weeks, addressing critical safety challenges in vaccine administration.

To address pain points such as compounding contamination, occupational exposure of medical staff and needle tip pain, the novel packaging YSJA™ vaccine has been upgraded accordingly. In addition, the novel packaging product is equipped with specially designed clasp, puncture device and suction head, which can realize automatic clamping, needle-free reconstitution and new needle injection, improve the convenience and safety of vaccination, reduce the risk of particle pollution and inflammation, and protect medical staff from needlestick injuries. The new packaging product of YSJA™ rabies vaccine has filled the gap in the Chinese market, and its innovative design was highly recognized by the CSOs participating in the conference.

“The YSJA™ packaging innovation represents humanized design in vaccine delivery,” stated Mr. Wang Xu, CEO of LakeShore Biopharma. “By leveraging closed sterile connection technology, this novel design will gradually address the industry pain points of “occupational exposure and pollution risk” in the traditional liquid preparation process. This launch marks the first commercial application of such advanced liquid transfer device in China’s rabies vaccine market, filling a significant unmet need.” With rabies remaining a critical public health threat in endemic regions, the company will continue to be committed to empowering medical safety with science and technology in the future.

For media inquiries, please contact:
Website: https://investors.lakeshorebio.com/
Email: ir@lakeshorebio.com 

HYCO1 Signs a Memorandum of Understanding with Malaysia LNG Sdn. Bhd. to collaborate on a 1 Million Ton Per Annum Carbon Capture and Utilization Project in Bintulu, Sarawak, Malaysia

HOUSTON, April 23, 2025 /PRNewswire/ — HYCO1, Inc. and Malaysia LNG Sdn. Bhd. signed a Memorandum of Understanding (MOU) to collaborate on the potential utilization and conversion of 1 Million Tons Per Annum (MTPA) of Carbon Dioxide (CO2). The signing was between Gregory Carr, CEO of HYCO1, Inc., and Mohamed Syazwan bin Abdullah @ Laga Jenggi, Managing Director & CEO, Malaysia LNG Group of Companies. The Carbon Capture and Utilization (CCU) Project will be located in Bintulu, Sarawak, Malaysia, the home of Malaysia LNG Sdn. Bhd. (MLNG; a subsidiary of PETRONAS), which is the CO2 supplier for the project. Bintulu is one of the oil and gas regions of Malaysia and has been recognized as the emerging global low-carbon industrial hub.

Central to this initiative is HYCO1’s breakthrough CUBE™ Technology, which uses CO2 as a primary feedstock to displace higher cost natural gas to produce equivalent industrial-grade syngas in customizable ratios of hydrogen (H2) and Carbon Monoxide (CO). Under the MOU, HYCO1 and MLNG will conduct a joint feasibility study to evaluate design alternatives to produce low-cost, low-carbon syngas that best meets demand from a wide range of potential downstream syngas users. By transforming CO2 from an emissions waste gas into much-needed chemical and fuel products, this project sets a new standard for sustainability and innovation. By using lower-cost CO2 feedgas to displace higher-cost natural gas, the HYCO1 CUBE™ process will disruptively produce lower CI, “blue”, emissions free syngas for less than the cost of today’s “gray” syngas made from using all natural gas. The MOU also states that MLNG plans to supply an initial of 1 MTPA of raw CO2 to HYCO1 for a term of 20 years, beginning no later than 2030. The CCU plant is expected to be completed by 2029.

“This is very exciting for all stakeholders, including HYCO1, MLNG, and PETRONAS, and will benefit all Malaysians,” Gregory Carr shared. “We approached PETRONAS and MLNG in the hopes of helping them solve their decarbonization needs, and we feel honored to collaborate with MLNG to meet their Net Zero Carbon Emissions (NZCE) by 2050. Our revolutionary process and catalyst are game changers in decarbonization because not only do we prevent CO2 from being emitted into the atmosphere, but we transform it into highly valuable and usable downstream products,” says Mr. Carr.

This landmark MOU marks the launch of work on what HYCO1 and MLNG expect to become one of the largest CO2 utilization projects in history. Unlike traditional efforts focused solely on CO2 capture and high-cost sequestration (Carbon Capture and Sequestration, CCS), this project pioneers a new approach by fully utilizing captured CO2 emissions to profitably and competitively generate valuable products.

With this MOU, HYCO1 and MLNG are showing the world that profitably achieving net-zero emissions without a cost penalty is not only a realistic goal at large scale but also an opportunity to drive innovation and create economic value. By capturing and utilizing CO2 from existing industrial processes, the collaboration will unlock a new generation of renewable products that deliver superior efficiency and profitability. This collaboration exemplifies how sustainability can simultaneously address environmental challenges and generate economic growth.

About HYCO1

HYCO1 is the only CO2 utilization company in the world that cost-effectively captures industrial CO2 emissions from the source and turns them into high-value, sustainable products at lower cost than today’s gray processes and without the need for government incentives. HYCO1 reformers are designed to convert 100% of the CO2 feed gas into valuable syngas.

HYCO1 CUBE™ Technology (Carbon Utilization. Best Efficiency.) converts and utilizes nearly 100% of CO2 feed in a single reactor pass, resulting in low-cost, low-CI, high-grade syngas (H2 and CO) at commercial scale. Such major energy transition milestones have never been achieved before. HYCO1 provides a new way for industrial companies to repurpose their CO2 emissions from being a costly burden to new, profitable, and sustainable products. For more information, please visit www.hyco1.com.

Press Contact: Tim Lozano, Director of Marketing at HYCO1, Inc. marketing@hyco1.com

Commercial Contact: Curtis Carmack, SVP of Strategic Development at HYCO1, Inc., ccarmack@hyco1.com

Logo – https://laotiantimes.com/wp-content/uploads/2025/04/hyco1_logo.jpg 

Trina Storage North America and FlexGen Partner to Deliver 371 MWh Grid-Scale Energy Storage System in Houston, Texas

Milestone project showcases industry confidence in bankable, high-performance energy storage solutions for North America.

FREMONT, Calif., April 23, 2025 /PRNewswire/ — Trina Storage, a global leader in energy storage solutions, has partnered with FlexGen, a leading battery energy storage solution and energy management software provider, to deliver a 371 MWh battery energy storage system in Houston, Texas. The project, developed by SMT Energy, marks a significant milestone as Trina Storage’s largest grid-scale deployment in North America, reinforcing the company’s confidence in the energy storage market amid rising demand in the region from data centers, AI and electrification.

This large-scale storage project utilizes Trina Storage’s advanced Elementa 2 solution, designed to optimize energy performance and reliability while mitigating operational risks, along with long-term services provided together with FlexGen to ensure asset reliability.

FlexGen will provide system integration and deploy its HybridOS™ energy management software, which enables site operators to manage systems with ease, detect issues faster, predict maintenance needs, and ultimately maximize operational efficiency.

“This collaboration with Trina Storage and SMT Energy represents another major step in accelerating the deployment of flexible energy storage assets to meet growing demand,” said Diane Giacomozzi, Chief Operating Officer at FlexGen. “By pre-integrating FlexGen HybridOS with Trina’s Elementa 2 energy storage solution in our Durham Innovation Lab, we’re enabling faster project delivery and optimized performance from the first moment of operation.”

“This project is a testament to Trina Storage’s ability to provide a fully bankable, integrated energy storage solution that meets the evolving needs of the market,” said Terry Chen, Vice President, Trina Storage North America. “As our first grid-scale deployment in North America, this achievement reflects the industry’s confidence in our technology and our commitment to de-risking energy storage investments and supporting the energy transition in the region.”

The involvement of well-established equity and tax offtake partners, including Macquarie and KeyBank, reinforces investor confidence in Trina Storage’s solutions and underscores the system’s strong investment profile, long-term reliability, and value in the energy storage market.

By redefining reliability and efficiency in energy storage, Trina Storage’s Elementa 2 solution provides a streamlined, high-efficiency approach to large-scale installations, reducing project complexity and accelerating deployment timelines. By integrating directly with the FlexGen HybridOS™ platform, this system ensures optimized asset performance and long-term reliability.

“This project reflects SMT Energy’s commitment to delivering bankable, high-performance storage solutions by uniting world-class technology partners to meet the growing demands of a rapidly evolving grid.” said David Spotts, Co-Founder and Managing Partner of SMT Energy.

As Trina Storage accelerates its momentum in North America, this project exemplifies how integrated, risk-resilient storage solutions are shaping the future of power. To learn how Trina Storage can support your next project, connect with our energy storage experts at ACP Cleanpower in Phoenix, Arizona next month.

About Trina Storage

Trina Storage, a business unit of Trina Solar, is dedicated to providing world-class energy storage solutions that drive the global transition to renewable energy. By leveraging decades of experience in solar manufacturing, Trina Storage offers flexible, high-performance storage products designed to enhance grid stability and energy reliability.

About FlexGen Power Systems, LLC. 

FlexGen provides industry-leading software and services for deploying, managing and optimizing battery energy storage systems. FlexGen leverages decades of engineering, procurement and software expertise to solve today’s toughest energy challenges that enable the transition to a modern electric grid. FlexGen HybridOS energy management software seamlessly integrates with any battery OEM and offers advanced analytics and AI-driven insights that allow energy storage owners to deploy diverse power market strategies and integrate various generation forms, enhancing grid stability and economic returns. With 1.5M hours of runtime and more than 10 GWh of energy storage systems enabled by FlexGen, we are trusted by the most technically and commercially demanding developers, utilities, government agencies, and industrial companies in the world.

Forward-looking statements: This press release contains forward-looking statements regarding future operations, project timelines, and market growth. Actual results may vary based on external factors and market conditions.