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MINISO Group Will Report December Quarter and Full Year 2024 Financial Results on March 21, 2025

GUANGZHOU, China, March 7, 2025 /PRNewswire/ — MINISO Group Holding Limited (NYSE: MNSO; HKEX: 9896) (“MINISO”, “MINISO Group” or the “Company”), a global value retailer offering a variety of trendy lifestyle products featuring IP design, today announced that it plans to release its December quarter and the full year of 2024 financial results before the U.S. market opens on Friday, March 21, 2025.

The Company’s management will hold an earnings conference call at 5:00 A.M. Eastern Time on Friday, March 21, 2025 (5:00 P.M. Beijing Time on the same day) to discuss the financial results. Simultaneous interpretation in English will be provided during the conference call. The conference call can be accessed by the following Zoom link or dialing the following numbers:

Access 1

Join Zoom meeting.

Zoom link: https://zoom.us/j/99854017108?pwd=M6WgYlz4awEki6bx8Hc777G8qBrQO0.1 

Meeting Number: 998 5401 7108

Meeting Passcode: 9896

Access 2

Listeners may access the call by dialing the following numbers by using the same meeting number and passcode with access 1.

United States:

+1 689 278 1000 (or +1 719 359 4580)

Hong Kong, China:

+852 5803 3730 (or +852 5803 3731)

United Kingdom:

+44 203 481 5237 (or +44 131 460 1196)

France:

+33 1 7037 9729 (or +33 1 7037 2246)

Singapore:

+65 3158 7288 (or +65 3165 1065)

Canada:

+1 438 809 7799 (or +1 204 272 7920)

Access 3

Listeners can also access the meeting through the Company’s investor relations website at https://ir.miniso.com/.

The replay will be available approximately two hours after the conclusion of the live event at the Company’s investor relations website at https://ir.miniso.com/.

About MINISO Group

MINISO Group is a global value retailer offering a variety of trendy lifestyle products featuring IP design. The Company serves consumers primarily through its large network of MINISO stores, and promotes a relaxing, treasure-hunting and engaging shopping experience full of delightful surprises that appeals to all demographics. Aesthetically pleasing design, quality and affordability are at the core of every product in MINISO’s wide product portfolio, and the Company continually and frequently rolls out products with these qualities. Since the opening of its first store in China in 2013, the Company has built its flagship brand “MINISO” as a globally recognized retail brand and established a massive store network worldwide. For more information, please visit https://ir.miniso.com/.

Investor Relations Contact

MINISO Group Holding Limited

Email: ir@miniso.com 

           mnsoir@miniso.com 

Phone: +86 (20) 36228788 Ext.8039

 

AB DAO Releases NewPay Update, Calls on 21,989 Users to Claim 65 Million AB

NewPay 1.9.0 Officially Released, Enhancing the AB Ecosystem Wallet

SINGAPORE, March 7, 2025 /PRNewswire/ — AB DAO has officially released NewPay 1.9.0, introducing key updates aimed at improving user experience and ecosystem functionality:

NEW tokens have been renamed to AB: All assets displayed in the wallet have been updated, with balances remaining unchanged.

Token Unlocking in DAO: PoS mining was terminated on February 1, 2025, and related earnings have been settled. Please unlock your tokens in the DAO as soon as possible.

The update is now available:

Android users: The update has been pushed. Google Play users should back up their wallets and download the latest version from the official website: https://ab.org/en/abwallet

iOS users: The update has been submitted for review and will be available once approved by the App Store.

In parallel, AB DAO has launched a global recall campaign, calling on 21,989 BEP2 NEW token holders to claim 65 million AB (formerly NEW, valued at approximately $1 million) and complete the cross-chain conversion to integrate into the AB ecosystem.

Global Recall: Resolving the BEP2 NEW-09E Asset Migration Issue

AB DAO previously issued BEP2 tokens (NEW-09E) on BNB Beacon Chain, but some users were unable to complete their cross-chain conversion before BNB Beacon Chain’s shutdown, leaving 65,335,749.375 NEW stranded on the network.

To ensure these assets are successfully migrated, AB DAO has worked closely with Binance’s technical team and adopted an approach based on the BNB Beacon Chain Token Recovery Tool to implement a dedicated cross-chain recall program.

Claim Details

  • Total AB available for claim: 65,335,749.37
  • Total affected holders: 21,989
  • User distribution:

1. Holders with 1,000,000+ NEW: 8
2. Holders with 100,000+ NEW: 142
3. Holders with 10,000+ NEW: 725
4. Holders with 1,000+ NEW: 1,395

Check if your address is eligible: https://explorer.bnbchain.org/asset/holders/NEW-09E 

NEW-09E to AB Cross-Chain Conversion in 5 Steps

1. Visit the cross-chain conversion page: https://new-09e-recover.ab.org and click “Connect Wallet” to link your wallet.
2. Enter the NEW format address of the AB chain.
3. Click the “Confirm Receiver Address & Next” button to invoke wallet signature.
4. Waiting for finalizing recovery (about 7 days).
5. Tokens recovered to your receiver address automatically.

Note

a. This process references the approach of the BNB Beacon Chain Token Recovery Tool and only supports BNB Chain Wallet and Trust Wallet Extension. Users using other wallets, such as the Trust Wallet App, need to first import them into BNB Chain Wallet or Trust Wallet Extension.
b. Only users with 101 NEW or more are supported for cross-chain transactions.
c. There will be a 100 NEW transaction fee for cross-chain operations.
d. The conversion will automatically swap all of a user’s NEW-09E holdings into AB (Formerly NEW) in a single transaction. Please ensure your AB address is correct before proceeding.

AB DAO Ecosystem Continues to Expand

Users can now trade $AB on the following exchanges:

  • Bitget (bitget.com)
  • MEXC (mexc.com)
  • BingX (bingx.com)
  • HTX (htx.com)
  • 4E (eeee.com)
  • Hotcoin (hotcoin.com) (Coming soon)
  • BitMart (bitmart.com) (Coming soon)

AB DAO is actively expanding its global trading network, with plans to list on more exchanges, enhance ecosystem applications, and accelerate worldwide adoption.

Stay Updated with AB DAO

Wing Lei Bar Transforms the Hotel Bar Experience with Bold Upgrade Led by Global Visionary and Head Mixologist Mark Lloyd

MACAO, March 7, 2025 /PRNewswire/ — Wing Lei Bar at Wynn Palace is set to revolutionize the hotel bar landscape with a complete transformation that reinvents its appearance, atmosphere, hospitality approach, and beverage program. Under the visionary leadership of Head Mixologist Mark Lloyd, Wing Lei Bar is not just elevating the bar experience; it is establishing itself as a dynamic hub where cocktail enthusiasts and industry professionals unite through innovative mixology that harnesses unexpected global culinary ingredients. This transformation celebrates the ethos of curated hospitality, positioning the bar as a trailblazer for unforgettable experiences in the cocktail world.

Mark Lloyd, Head Mixologist
Mark Lloyd, Head Mixologist

The overhauled Wing Lei Bar is more than just a makeover, it represents a significant shift in how hotel bars engage with their guests. The bar team embraces the spirit of personality-driven mixology, juxtaposing the palatial setting with an approachable and friendly service style. Lloyd, known for his imaginative techniques and fresh perspective, is shaking up the traditional hotel bar narrative and introducing a new era where flair meets authenticity. Guests can now relish in the luxury of an upscale bar experience without the stuffiness that often accompanies such venues.

Mark Lloyd, an acclaimed bartender and cocktail maverick, has taken the reins as Head Mixologist at Wing Lei Bar, bringing a one-of-a-kind experience to guests. A native of Scotland, Lloyd traveled and worked extensively throughout Asia for the past 15 years. Having founded multiple bar concepts across five continents, the industry veteran further cemented his credibility in global bartending knowledge, after tenures as operations director and bar consultant in Bangkok, Hong Kong and Shanghai, including his time at the renowned bar chain J. Boroski.

Lloyd believes that bartenders are tour guides in the guest experience, whether it be a neighborhood watering hole or an opulent hotel bar. His approach to hospitality boasts personal authenticity and seeks to find common ground between each guest and the bar. He forgoes heavily scripted service monologues, often heard in hotel concepts, and instead, presents the essence of the bar through its grand interior, the charming personalities, and his patience to understand each customer’s individual needs. A cocktail experience with Lloyd is a bespoke journey from flavors to service.

Drawing on his industrial chemistry and distilling background, Lloyd’s unique understanding of spirits is most evident in his well-balanced cocktails. Lloyd’s scientific training is unmistakable in the precise finesse of his infusions, affording Wing Lei Bar the momentum to catapult it to the top of the global stage.

Debuting on March 12, Lloyd’s two-prong cocktail program is split between a redesigned signature menu that highlights 12 reimagined takes on four classic cocktail styles (sours, stirred, classics, and alternatini), all with hints of culinary sensibilities for which Wynn Palace is celebrated; and Lloyd’s bespoke bar program, built on his signature 4-question personalized approach.

Via a commitment to classic techniques that forgo modern gadgets, like rotovaps and centrifuges, the revamped bar menu sees homemade infusions and tinctures at the forefront of every sip. The menu features an enticing array of repurposed ingredients sourced from inter-hotel departments and dining establishments, presenting an unpredictable drinks roster. Embodying a philosophy of “limitless cocktails,” Lloyd’s creativity knows no bounds, and every gastronomic ingredient – from char siu off-cuts to avocado peels – is a potential star on the cocktail stage. This approach engages both novice and seasoned cocktail aficionados alike, ensuring each visit offers something never experienced before.

To further enhance its offerings, Wing Lei Bar proudly announces the launch of its culinary-inspired cocktail guest shift series in 2025. Kicking off on March 13, Thursday at 8 pm, the inaugural event will spotlight Union Trading Company (#48 on World’s 50 Best Bars 2021), a celebrated Shanghai establishment with a decade of history under its belt. Under the tutelage of the talented Yao Lu, The Union Trading Company’s general manager, Patrick Zhou, will showcase vibrant spices, ingredients, and flavors from the streets of Shanghai, translating culinary artistry into exquisite cocktails.

Wing Lei Bar has already hosted industry icons like Sebastian Atienza and Lucilia Calichio from Tres Monos (#7 on World’s 50 Best Bars 2024), Lorenzo Antinori from Bar Leone (#2 on World’s 50 Best Bars 2024), Joe Schofield from Schofield’s Bar (#1 on UK Top 50 Cocktail Bars 2024), and many more. Looking ahead in 2025, Wing Lei Bar has already secured an impressive roster of guest shifts and events each month, plus never-before-seen in Asia talents set for July.

ABOUT WING LEI BAR

Wing Lei Bar is a leader in pioneering personalized cocktails that cater to individual tastes, assembling flavor profiles like Lego building blocks into a whole greater than the sum of its parts. Designed to evoke the elegance of an antique jewelry box, the bar’s stunning interior invites guests to embark on a sensory adventure. The bar’s lavish setting coupled with its inventive drinks program invites guests to savor anything from a cheeky tipple as the sun sets through a nightcap to end the evening on a high note.

Opening Hours:        5:00 pm to 1:00 am daily (walk-ins available)
Address:                    Wynn Palace, Avenida Da Nave Desportiva, Cotai, Macao
Website:                     https://www.wynnresortsmacau.com/en/wynn-palace/dining/wing-lei-bar
Instagram:                  @wingleibar

Wing Lei Bar at Wynn Palace
Wing Lei Bar at Wynn Palace

HERO ESPORTS Asian Champions League: Dota 2 Tournament Champions Secure Place in Esports World Cup

SHANGHAI, March 7, 2025 /PRNewswire/ — The HERO ESPORTS Asian Champions League (ACL), Asia’s premier multi-title esports tournament hosted by Asia’s leading esports company Hero Esports, announced that champions of the ACL Dota 2 Tournament will secure a spot at the Esports World Cup.  


This follows the announcement that the champions of ACL CS2 Tournament and ACL Honor of Kings Tournament will each secure a place in the Esports World Cup.

The ACL Dota 2 Tournament features three stages: Online Qualifier, Season Finals and Grand Finals.

The Online Qualifier will run from March 7 to March 30. Anyone can sign up for the Online Qualifier, and compete with other teams that sign up in the same week. One champion will be produced each week. A total of four champions will advance to the next stage.

The Season Finals will take place from May 1 to May 3. Apart from four teams from the Open Qualifier, there will be four invite teams, including XG, YB and Tidebound. A total of 8 teams will fight for 4 spots to enter Grand Finals. Additionally, the champion of Season Finals will also secure a place at DreamLeague S26, which is the world’s most prestigious Dota 2 league, boasting a prize pool of $10,000,000.

The Grand Finals of ACL Dota2 Tournament will take place on May 16. The four candidates from Season Finals will compete for the champion, who will not only take home $100,000, but also gain direct entry to the Esports World Cup.

About Hero Esports

Founded in 2016, Hero Esports is the biggest esports company in Asia, producing more than 7,000 matches every year that captivate an online fan base of over 800 million. With a global presence encompassing 12 office locations and eight top-tier esports arenas, Hero Esports offers a comprehensive suite of esports services, including tournament organization, marketing solutions, community development, and more. As a private company, Hero Esports counts Savvy Games Group and Tencent, among others, as investors, with Kuaishou and Huya as strategic partners.

Headquartered in Shanghai and employing more than 1,100 employees, Hero Esports is a fully integrated operator of esports tournaments and creator of esports content with global reach. The company has helped produce many prestigious tournaments including the Olympic Esports Week, the Esports World Cup as well as the esports series featured at both the Jakarta Asian Games 2018 and the Hangzhou Asian Games 2023. Hero Esports also worked with the world’s top-tier game publishers such as Tencent and Krafton in organizing popular esports leagues such as the Honor of Kings’ KPL series and PUBG’s PGC series, among many others. In 2024, Hero Esports launched Esports Asian Champions League (ACL), Asia’s premier international, multi-title esports tournament. Hero Esports is a member of the Esports Integrity Commission (ESIC).

Manulife Extends Strategic Partnership with CUHK Medical Centre to Include Histotripsy in its Holistic “Medical Professional Support Service”

Histotripsy is an FDA-approved technology that offers liver cancer patients a non-invasive, painless, and highly effective treatment option

HONG KONG, March 7, 2025 /PRNewswire/ — Manulife announced today the extension of its strategic partnership with CUHK Medical Centre (CUHKMC), originally established in 2021, as part of its commitment to enhancing access to quality healthcare for its customers. Manulife is pleased to share that, through its Holistic “Medical Professional Support Service” for specified medical insurance plan[1] customers diagnosed with cancer or suspected of having cancer, it will incorporate histotripsy as a treatment option, once this treatment becomes publicly available at CUHKMC, and patients would be enrolled in clinical trials for close monitoring and evaluation of the clinical outcome.

Liver cancer is the fifth most common cancer in Hong Kong, making up 4.6% of all new cancer cases in 2022.[2] Histotripsy is an FDA-approved technology that offers liver cancer patients a non-invasive, painless, and highly effective treatment option.[3] Earlier, this treatment was introduced to medical institutions in Hong Kong through donations from the Li Ka Shing Foundation. [3]

“This extended partnership highlights Manulife’s commitment to being a pioneering health insurance provider in Hong Kong, supporting our customers throughout their health journeys and helping to protect more lives,” said Carrie Tong, Chief Operations Officer of Manulife Hong Kong and Macau.

All Manulife medical plan customers are eligible for coverage of this innovative and FDA-approved histotripsy treatment, further underscoring Manulife’s dedication to enhancing the quality of healthcare accessible to customers.

Manulife established a strategic partnership with CUHKMC in 2021, providing eligible customers with priority access to the hospital’s oncologists for a one-time, free independent medical consultation. In 2023, this partnership was expanded to offer a cashless pre-approval service for over 300 all-inclusive hospital packages, including endoscopic and surgical procedures provided by CUHKMC.

Manulife has extended its strategic partnership with CUHK Medical Centre to incorporate histotripsy into its holistic “Medical Professional Support Service”.
Manulife has extended its strategic partnership with CUHK Medical Centre to incorporate histotripsy into its holistic “Medical Professional Support Service”.

About Manulife Hong Kong 
Manulife Hong Kong has been a trusted name for more than 125 years. Since our operations started in Asia in 1897, we have grown to become one of the top-tier providers of financial services, offering a diverse range of protection and wealth products and services to over 2.6 million customers in Hong Kong and Macau. We are committed to helping make decisions easier and lives better for our customers.

Manulife Hong Kong, through Manulife International Holdings Limited, owns Manulife (International) Limited, Manulife Investment Management (Hong Kong) Limited, and Manulife Provident Funds Trust Company Limited. These entities are all subsidiaries of Manulife Financial Corporation.

About Manulife 
Manulife Financial Corporation is a leading international financial services provider, helping our customers make their decisions easier and lives better. With our global headquarters in Toronto, Canada, we operate as Manulife across Canada, Asia, and Europe, and primarily as John Hancock in the United States, providing financial advice and insurance for individuals, groups and businesses. Through Manulife Wealth & Asset Management, we offer global investment, financial advice, and retirement plan services to individuals, institutions, and retirement plan members worldwide. At the end of 2024, we had more than 37,000 employees, over 109,000 agents, and thousands of distribution partners, serving over 36 million customers. We trade as ‘MFC’ on the Toronto, New York, and the Philippine stock exchanges, and under ‘945’ in Hong Kong.

Not all offerings are available in all jurisdictions. For additional information, please visit manulife.com.

[1] Terms and conditions apply. Eligibility to Holistic “Medical Professional Support Service” applies to customers of Manulife Supreme VHIS Flexi Plan, Manulife Supreme Lite VHIS Supplementary Benefit, Manulife Supreme Medical Plan, Manulife Supreme Lite Medical Supplementary Benefit, ManuMaster Healthcare Series/Benefit, and ManuShine Healthcare Series/Benefit. The content of this press release does not contain all the terms and conditions of policies, and the full terms and conditions are set out in the policy documents. ManuMaster Healthcare Series/Benefit and ManuShine Healthcare Series/Benefit are available as basic plans or supplementary benefits. 

[2] Figures from the Centre for Health Protection under the HKSAR Department of Health.

[3] Li Ka Shing Foundation funds non-invasive liver cancer treatment for Hong Kong patients” (SCMP, Aug 27, 2024)

 

Baidu Announces Proposed Offering of Exchangeable Bonds

BEIJING, March 7, 2025 /PRNewswire/ — Baidu, Inc. (NASDAQ: BIDU and HKEX: 9888 (HKD Counter) and 89888 (RMB Counter)), (“Baidu” or the “Company”), a leading AI company with strong Internet foundation, today announced that it proposes to offer up to US$2 billion in aggregate principal amount of exchangeable bonds due 2032 (the “Bonds”) in offshore transactions outside the United States to non-U.S. persons in reliance on Regulation S under the Securities Act of 1933, as amended (the “Securities Act”), subject to market conditions and other factors (the “Bonds Offering”).

The Bonds will reference ordinary shares of Trip.com Group Limited that are listed on The Stock Exchange of Hong Kong Limited (the “Hong Kong Stock Exchange”) (HKEX: 9961) (“Trip.com Shares”). Holders of the Bonds may not exchange their Bonds prior to the first anniversary of the issue date of the Bonds, except upon an event of default. Between the first anniversary of the issue date and the date falling 6 months prior to the maturity date of the Bonds, holders of the Bonds may exchange the Bonds into cash only upon the satisfaction of certain contingencies. Thereafter and until the second scheduled trading day preceding the maturity date, holders may exchange the Bonds into cash at any time. Subject to certain conditions, the Company may elect to deliver Trip.com Shares held by the Company in lieu of cash or a combination of cash and Trip.com Shares. The Bonds are not exchangeable for American depositary shares of Trip.com Group Limited (Nasdaq: TCOM) (“Trip.com ADSs”). The exchange ratio and other terms of the Bonds have not been finalized and will be determined at the time of pricing of the Bonds Offering.

The Company intends to use the net proceeds from the Bonds Offering for repayment of certain existing indebtedness, payment of interest and general corporate purposes. The Bonds have not been and will not be registered under the Securities Act or any state securities laws. They may not be offered or sold in the United States or to U.S. persons (as defined in Regulation S under the Securities Act) except pursuant to an exemption from, or in a transaction not subject to, the registration requirements of the Securities Act. The Trip.com Shares currently held by the Company are “restricted securities” (within the meaning of Rule 144 under the Securities Act). Any Trip.com Shares that the Company may elect to deliver upon exchange of the Bonds shall be freely transferable for the purposes of the Securities Act.

Investor Hedging Transactions

The Company expects that certain purchasers of the Bonds will employ a convertible arbitrage strategy through a short position in respect of Trip.com Shares and/or Trip.com ADSs to hedge their exposure to the Bonds, Trip.com Shares and/or Trip.com ADSs. Concurrently with the pricing of the Bonds, the bookrunners of the Bonds Offering expect to facilitate a sale of Trip.com Shares (for the avoidance of doubt, not Trip.com ADSs), representing the initial delta of such hedging investors, in off-market privately negotiated transactions (such sale, a “delta placement”).

Other Matters

This announcement shall not constitute an offer to sell or a solicitation of an offer to purchase any securities, in the United States or elsewhere, and shall not constitute an offer, solicitation or sale of the securities in any state or jurisdiction in which such an offer, solicitation or sale would be unlawful.

This announcement contains information about the pending Bonds Offering, and there can be no assurance that the Bonds Offering will be completed.

About Baidu

Founded in 2000, Baidu’s mission is to make the complicated world simpler through technology. Baidu is a leading AI company with strong Internet foundation, trading on Nasdaq under “BIDU” and HKEX under “9888”. One Baidu ADS represents eight Class A ordinary shares.

Safe Harbor Statement

This announcement contains forward-looking statements. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “confident” and similar statements. Baidu may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission, in announcements made on the website of the Hong Kong Stock Exchange, in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including but not limited to statements about Baidu’s beliefs and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: Baidu’s growth strategies; its future business development, including development of new products and services; its ability to attract and retain users and customers; competition in the Chinese Internet search and newsfeed market; competition for online marketing customers; changes in the Company’s revenues and certain cost or expense items as a percentage of its revenues; the outcome of ongoing, or any future, litigation or arbitration, including those relating to intellectual property rights; the expected growth of the Chinese-language Internet search and newsfeed market and the number of Internet and broadband users in China; Chinese governmental policies relating to the Internet and Internet search providers, and general economic conditions in China and elsewhere. Further information regarding these and other risks is included in the Company’s annual report on Form 20-F and other documents filed with the Securities and Exchange Commission, and announcements on the website of the Hong Kong Stock Exchange. Baidu does not undertake any obligation to update any forward-looking statement, except as required under applicable law. All information provided in this announcement is as of the date of the announcement, and Baidu undertakes no duty to update such information, except as required under applicable law.

Huawei Releases the Collaborative Platform for the IEEE P2413.2 Power Distribution IoT (PDIoT) Reference Architecture Standards

BARCELONA, Spain, March 7, 2025 /PRNewswire/ — During MWC Barcelona 2025, at the Huawei Electric Power Summit under the theme of “Thrive with Digital, Accelerate Electric Power Intelligence”, Huawei unveiled a collaborative platform for the IEEE P2413.2 PDIoT Reference Architecture Standards. Industry experts and leaders from international standards organizations shared their latest research findings and successful practices to drive digital transformation in the power sector.

David Sun, CEO of Huawei Electric Power Digitalization BU, Vice President of Huawei, delivered a speech
David Sun, CEO of Huawei Electric Power Digitalization BU, Vice President of Huawei, delivered a speech

David Sun, CEO of Huawei Electric Power Digitalization BU, Vice President of Huawei, discussed the challenges faced by power systems, such as traditional line losses, reliability issues, and more. He also spoke about emerging global challenges in this era of new energy, highlighting the importance of innovation. By innovating with cloud computing, edge computing, medium-voltage communication, and HPLC technology, many low- voltage distribution network issues can be effectively addressed. For instance, the power supply center for the Xi’an International Port Zone has seen a significant improvement in low-voltage communication reliability up to 99.9%, following the complete implementation of Huawei HPLC. Now, over 97% of users are proactively contacted by State Grid staff within 3 minutes during a power outage. Passive trouble tickets for low-voltage single households have dropped by almost 50%. Line loss calculation can be completed in just 15 minutes. In addition, a company in Shaanxi has successfully realized full distributed PV integration, coordinated charging for charging piles, and doubled capacity, along with other valuable applications. David Sun also outlined the key elements of successful innovation. These include architectural innovation for open, adaptable, and systematic digital transformation, model innovation with AI capabilities, and ecosystem innovation for cross-industry collaboration. It also includes AI innovation to optimize power production, especially in areas like new energy power forecast, load forecast, and transformer district autonomy.

Huawei prioritizes key electric power business scenarios and integration of digital productivity. Through strategic collaboration with the industry ecosystem, Huawei is committed to fostering sustainable growth and intelligent advancements in the sector. During the summit, Bilel Jamoussi, Deputy Director of ITU TSB, Roque Bacani, First Vice President and ICT and Transformation Director of Meralco, and Juan Ortiz Noval, Network Operations and Maintenance Director of E-Distribución Redes Digitales shared their successful practices with Huawei. Oleg Logvinov, Chair of the IEEE P2413.2, P1901.1, and P1901.3 Working Groups, and CEO of IoTecha, presented the IEEE P2413.2 PDIoT standards architecture, along with the strategic initiatives of the IEEE P2413.2 Working Group. He also partnered with Huawei to unveil the IEEE P2413.2 PDIoT Reference Architecture Standards Collaboration Platform.

Looking ahead, Huawei will focus on digital technology and AI, continuously refine the process of digital transformation based on gained experience, and collaborate with customers and partners to advance the digital and intelligent transformation of the power industry.

For more about the Intelligent Distribution Solution (IDS), please visit: https://e.huawei.com/en/topic/electric-power/intelligent-distribution-solution

SURVIVE TOGETHER IN A NEW CHALLENGING TEAM EXPERIENCE FROM ZERO LATENCY VR, IN WARHAMMER 40,0000 SPACE MARINE VR – THREAT: LETHAL

Prepare for the most challenging free-roam VR experience available. Dive into the intensity of Threat: Lethal with your squad at Zero Latency VR locations globally.

MELBOURNE, Australia, March 7, 2025 /PRNewswire/ — Zero Latency VR, a trailblazer in free-roam virtual reality, is excited to announce the launch of Space Marine VR – Defenders of Avarax – Threat: Lethal, a game mode that transforms the landscape of VR combat. This thrilling addition to the Space Marine VR experience is designed to immerse players in a visceral, heart-stopping battle against a relentless alien menace.


Is your squad ready to take on Threat: Lethal, an intense battle team mode that is not for the faint-hearted? This next level new team mode transforms Space Marine VR: Defenders of Avarax into our most difficult experience yet. Defeating alien swarms just got tougher, with team death restarting each brutal level. Mission success is not guaranteed and each attempt is a lesson in survival. Prepare to refine your strategies and awaken your inner warrior.

Threat: Lethal demands unprecedented strategic depth from players – revive fallen comrades, carefully avoid friendly fire, and master crowd control with newly introduced weaponry. Each team failure resets the level but also offers a fresh opportunity to refine tactics and fortify team unity. As you conquer each checkpoint, the intensity of battle escalates, challenging only the most cohesive teams to repel the relentless alien onslaught and claim triumph.

“Threat: Lethal isn’t merely a game – it’s a proving ground for the elite,” declared Tim Ruse, CEO of Zero Latency VR. “It stands as our toughest and most competitive game mode to date, crafted to provide a pulse-pounding, intense experience. It challenges your true grit with more enemies than ever before and a real risk of defeat, so each encounter is thrillingly unique. Faced with cunning adversaries, strategic play, and critical team interactions, it represents the zenith of immersive VR warfare.”

Threat: Lethal, a new challenging team mode at Zero Latency VR
Threat: Lethal, a new challenging team mode at Zero Latency VR

The award-winning Space Marine VR: Defenders of Avarax, launched in September 2024, quickly ascended as Zero Latency’s flagship experience. Armed with cutting-edge technology, players plunge into the vast expanses of a Hive City to fend off the Tyranids, a formidable alien menace. This latest update, Threat: Lethal, introduces a critical twist – teamwork is paramount, with the revival of teammates necessary for progression, ensuring that victory is anything but certain.

Rally your squad and step into the fray at any Zero Latency VR venue globally. Book your session now and prove your valor in the exhilarating world of Space Marine VR – Threat: Lethal from March 12.

ABOUT ZERO LATENCY:

Zero Latency VR is the global pioneer in immersive entertainment, pushing the boundaries of what’s possible in location-based experiences. As the largest free-roam VR network on the planet, with 100+ cutting-edge venues across 26+ countries, Zero Latency is where thrill-seekers come to live out their wildest fantasies. Since launching the world’s first free-roam VR venue in 2015, Zero Latency has electrified over 4 million players, catapulting them into heart-racing battles against zombies, pirates, and robots, and challenging them with gravity-defying puzzles. Whether you’re embodying a fierce Space Marine or teaming up with friends for epic 8-player showdowns, Zero Latency delivers mind-blowing adventures that leave reality far behind.

SOCIAL MEDIA LINKS:

Instagram and TikTok: @zerolatencyvr
LinkedIn
: Zero Latency VR

Press Contact:

Luke Mitchell
PR & Communications Manager
+61 (0) 413614412
luke.mitchell@zerolatencyvr.com

About Games Workshop®

Games Workshop® Group PLC (LSE:GAW.L), based in Nottingham, UK, produces the best fantasy miniatures in the world. Games Workshop designs, manufactures, retails, and distributes its range of Warhammer®: Age of Sigmar® and Warhammer® 40,000® games, miniatures, novels, and model kits through more than 553 of its own stores (branded Games Workshop® or Warhammer®), the www.games-workshop.com web store and independent retail channels in more than 50 countries worldwide. More information about Games Workshop and its other, related, brands and product ranges (including our publishing division ‘Black Library’ and our special resin miniatures studio ‘Forge World’) can be found at www.games-workshop.com

Warhammer 40,000: Space Marine VR  © Games Workshop Limited 2025. Space Marine VR, the Space Marine VR logo, Defenders of Avarax, GW, Games Workshop, Space Marine, 40K, Warhammer, Warhammer 40,000, the ‘Aquila’ Double-headed Eagle logo, and all associated logos, illustrations, images, names, creatures, races, vehicles, locations, weapons, characters, and the distinctive likeness thereof, are either ® or TM, and/or © Games Workshop Limited, variably registered around the world, and used under licence.