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AUTOCRYPT Announces Successful KOSDAQ Listing

SEOUL, South Korea, July 16, 2025 /PRNewswire/ — AUTOCRYPT, a leading global provider of automotive software and cybersecurity solutions, announced its official listing on the KOSDAQ market of the Korean Exchange (KRX) on July 15th, 2025. The listing is expected to enhance AUTOCRYPT’s global visibility, secure growth capital and strengthen trust with global industry leaders.  

Founded in 2019, AUTOCRYPT has rapidly expanded its global footprint, establishing partnerships with 21 leading automotive OEMs. The company provides end-to-end security for both in-vehicle and external communications, and is expanding into adjacent sectors such as agricultural equipment, construction machinery and robotics, in line with the Cyber Resilience Act (CRA), which mandates cybersecurity for all digitally connected products.

A total of KRW 5.41 trillion (approximately USD 3.9 billion) in margin deposits were pledged by retail investors to participate in the initial public offering. Meanwhile 2,403 institutions took part in the demand forecast, resulting in an oversubscription ratio of 995 to 1. The final offering price was set at KRW 22,000 (USD 16), the upper limit of the initial price range.

Seokwoo Lee, Founder and CEO of AUTOCRYPT, expressed appreciation for the strong investor interest, stating “The market’s response reflects confidence in our proprietary technology and long-term vision. We will continue to invest in research and development, while deepening collaboration with global partners.” He added, “As regulatory demands grow and software-defined vehicles (SDVs) become more prevalent, we are expanding our lineup of cybersecurity tools to better support customers navigating the evolving mobility landscape.

In H2 of 2025 the company plans on expanding its global pipeline and solidify its position as a global leader in automotive cybersecurity through the execution of international projects and strategic partnerships.  

About Autocrypt Co., Ltd.
AUTOCRYPT is the leading player in automotive cybersecurity and smart mobility technologies. It specializes in the development and integration of security software and solutions for in-vehicle systems, V2X communications, Plug&Charge, and fleet management, paving the way towards a secure and reliable C-ITS ecosystem in the age of software-defined vehicles. Its comprehensive suite of automotive cybersecurity testing services and platforms includes the award-winning AutoCrypt CSTP, which supports automotive OEMs and suppliers in meeting regulatory standards ilke ISO/SAE 21434, UNECE WP.29 UN R155, as well as other emerging global standards.  

 

Meet PETKIT’s Purobot Crystal Duo, the World’s First Open-Top Litter Box That Spots Cat Health Risks Before People Do

Designed for comfort, powered by AI, and built to catch what cats can’t communicate, including early signs of UTIs, this smart litter box brings proactive pet care into the home.

LOS ANGELES, July 16, 2025 /PRNewswire/ — PETKIT proudly announces the pre-launch of Purobot Crystal Duo, the world’s first open-top, AI-powered automatic litter box designed to turn everyday cleanup into a moment of real-time feline health insight. With its cat-friendly open design and intelligent monitoring features, Crystal Duo signals a new era in smart pet care, where hygiene, comfort, and preventative health tracking come together in one seamless solution.

PETKIT PUROBOT Crystal Duo: AI-Powered Open-Top Smart Litter Box for Cat Health Monitoring
PETKIT PUROBOT Crystal Duo: AI-Powered Open-Top Smart Litter Box for Cat Health Monitoring

“An automatic litter box should do more than just clean—it should care,” said J.C. Zhang, Chief Product Designer, “Purobot Crystal Duo was never meant to be a gadget. It’s a health-first product designed to fit naturally into daily life and bring peace of mind to both pets and their people.”

The product’s launch coincides with a broader shift in the pet care landscape. According to the American Pet Products Association (APPA), more pet parents are turning to proactive wellness solutions, especially as cat ownership continues to rise. Crystal Duo not only reflects this trend—it reinforces PETKIT’s position as a category leader in connected pet health innovation.

Smarter Than Scoop-Free. Built for Feline Health.

At the heart of Purobot Crystal Duo is a discreet AI-powered camera that monitors cats’ behavior inside the litter box 24/7. Subtle signs such as loose stool, frequent visits, or excessive yowling may trigger instant alerts through PETKIT app, allowing pet parents to intervene early. When paired with PETKIT’s pH-activated crystal litter, the system can also detect urine pH imbalances, helping identify health risks like urinary tract infections (UTIs) or bladder stones before they escalate.

Expert-Backed Design for Cats and Their Humans

While many automatic litter boxes rely on enclosed designs, research and real-world feedback indicate that many cats tend to avoid covered spaces. As a result, owners are often left frustrated and revert to manual scooping. Purobot Crystal Duo is the first AI litter box to feature an open-top structure, co-developed with veterinarians and feline behaviorists to align with cats’ natural preferences.

The open design encourages comfortable, stress-free use. Dual waste bins enable up to 30 days of hands-free operation, while hygienic, disposable trays make cleaning simple. A built-in N60 odor eliminator keeps the environment fresh and clean all day long.

Vet-Level Insight. Always On. Surprisingly Affordable.

While Purobot Crystal Duo delivers real-time alerts, its deeper value lies in continuous health monitoring. By recognizing subtle changes in routine, it empowers pet parents to act before symptoms become serious—potentially saving on costly vet bills and sparing pets unnecessary pain.

Unlike many tech products that are expensive or complex, Crystal Duo is designed to be both affordable and accessible. It’s not built just for a few. It’s built for every cat parent who wants to care smarter, earlier, and with greater peace of mind.

“Having a pet should bring more joy, not more stress,” said the PETKIT engineering team, “With Crystal Duo, we’re giving cat parents the tools to detect early signs of discomfort before their cat can even show them.”

A Step Forward in Connected Pet Care

While PETKIT has previously introduced AI-powered innovations, Purobot Crystal Duo marks a meaningful leap forward in building a fully connected ecosystem for pet health. As AI capabilities continue to evolve, our goal is to synchronize insights across feeding, hydration, and litter routines—delivering a 360° view of wellbeing through one unified platform.

To us, innovation means nothing without empathy. This open-top design isn’t just a cosmetic change; it reflects a shift toward behavior-driven, health-focused pet care. Crystal Duo answers a real need expressed by cat parents: a solution that supports proactive monitoring, respects feline instincts, and fits naturally into everyday life. We listened, we engineered, and we delivered.

Rooted in technology, guided by care, and centered around the everyday lives of people and pets alike—this is smart pet care made real.

Making Preventative Care Accessible to Every Cat

As proactive care becomes the new standard in pet parenting, PETKIT remains at the forefront of innovation. With the introduction of Crystal Duo, the company expands its AI-powered product ecosystem. It already includes smart feeders, drinking fountains, and litter solutions, all working together to give pet parents a truly holistic view of their cat’s health.

“We started PETKIT with a stray cat, and we’ve never forgotten that every cat deserves better,” said W.K. Guo, founder of PETKIT, “With Purobot Crystal Duo, we’re bringing that vision to life—not just for some cats, but for every home.”

Availability

PETKIT Purobot Crystal Duo is now available for pre-order at www.petkit.com.
Early adopters will receive exclusive launch discounts.

Media Contact:
PR@petkit.com
www.petkit.com

SNB-101 Earns Government Backing as Promising Therapy for Small Cell Lung Cancer

SEONGNAM, South Korea, July 16, 2025 /PRNewswire/ — In a strong endorsement of its cutting-edge drug delivery technology, SN BioScience announced that its anticancer candidate SNB-101 has been selected as a clinical-stage project under the 2025 Korea Drug Development Project, a government-initiated program led by the Korea Drug Development Fund (KDDF). The program includes two years of research support, aiding the company’s advancement of SNB-101 into global Phase 1b/2 trials.

The Korea Drug Development Fund (KDDF) is a government agency funded by three ministries. It aims to actively fund and provide necessary support for drug development in academia and the pharmaceutical industry.

As Korea’s most authoritative national drug development platform, the KDDF is dedicated to advancing innovative drug development projects, spanning the entire process from early discovery to clinical stages.

SNB-101 is a polymeric nanoparticle-based nanoformulation of SN-38, the potent active metabolite of irinotecan, a topoisomerase I inhibitor in the Camptothecin class. Utilizing its proprietary dual nanomicelle platform, the drug is designed to maximize tumor-specific targeting by leveraging the Enhanced Permeability and Retention (EPR) effect, thereby enhancing therapeutic efficacy while minimizing toxicity to healthy tissues.

SNB-101 has already garnered international recognition through multiple regulatory designations as a next-generation anticancer therapy. The U.S. FDA has granted SNB-101 Orphan Drug Designation for both small cell lung cancer (SCLC) and pancreatic cancer, and has also granted Fast Track Designation for SCLC — a regulatory green light to accelerate its development timeline.

SN BioScience is set to launch a multinational Phase 1b/2 clinical trial for patients with extensive-stage small cell lung cancer (ES-SCLC), spanning key sites across South Korea, the United States, and Europe. The study will focus on dose optimization, safety, and efficacy, with particular emphasis on enrolling a racially and ethnically diverse patient population to support early commercialization efforts.

Given the aggressive nature and poor prognosis of this rare cancer, SNB-101 is gaining attention as a potential second- or third-line treatment for patients who have failed existing therapies. Furthermore, the company is exploring combination strategies with immunotherapies to position SNB-101 as a potential first- or second-line standard of care in the future.

“SNB-101 represents our commitment to overcoming the limitations of conventional cancer therapies,” said Young-Hwan Park, CEO of SN BioScience. “This national grant will accelerate our global clinical development and solidify SNB-101’s position as a next-generation anticancer therapy.”

AUKEY Launches World’s First Qi2.2 Dual-Phone Wireless Charger

LOS ANGELES, July 16, 2025 /PRNewswire/ — Leading wireless charger brand AUKEY today launched its MagFusion 2X 2-in-1 Magnetic Wireless Charger, the brand’s first Qi2.2 charger and among the world’s first.

AUKEY's first Qi2.2 wireless charger — MagFusion 2X
AUKEY’s first Qi2.2 wireless charger — MagFusion 2X

Qi2.2, the Wireless Power Consortium‘s latest charging standard, supports wireless charging up to 25W — a major speed boost compared to Qi2’s 15W. The Qi2.2-certified MagFusion 2X can complete a 0–100% charge 25 minutes faster than Qi2 charging, according to AUKEY’s tests using iPhone 16 Pro Max.

MagFusion 2X’s standout feature is its dual-device design. With the charger’s two built-in Qi2.2 modules, two devices can be charged simultaneously, whether that means two phones, a phone and earbuds, or two users sharing the charger. One device can be charged flat on the charger’s base while a second is charged via a magnetic stand. To allow for a comfortable viewing angle during charging, the stand can be adjusted by 30 degrees.

The charger also showcases AUKEY’s aesthetic strengths, featuring the brand’s signature metallic gray lacquer accented with geometric elements. The result is a modern, streamlined exterior designed to fit in anywhere, from the office to the nightstand.

“As an industry leader, we’re always eager to incorporate cutting-edge technology,” said AUKEY CEO Lu Haichuan. “MagFusion 2X truly reflects the effort our team has poured into it since before the Qi2.2 standard came out. We will be launching a diverse range of Qi2.2 charging products, along with enhancing our existing lineup.”

MagFusion 2X retails at USD$66.99 and comes with a 1.5m cable. Starting today, customers in the US can pre-purchase the product at a 10% early bird discount on AUKEY’s official website (www.AUKEY.com).

Media inquiries can be directed to PR@aukey.com.

About AUKEY

AUKEY is a globally leading provider of cutting-edge consumer electronics designed for both practical and visual appeal. With its user-centric focus, AUKEY’s ever-expanding product line serves as a unique space where technology meets aesthetics.

Bank of America Reports Second Quarter 2025 Financial Results

CHARLOTTE, N.C., July 16, 2025 /PRNewswire/ — Bank of America reported its second quarter 2025 financial results today. The news release, supplemental filing and investor presentation can be accessed at Bank of America’s Investor Relations website at https://investor.bankofamerica.com/quarterly-earnings.

A Form 8-K containing Bank of America’s financial results is also available at the U.S. Securities and Exchange Commission’s website at https://www.sec.gov.

Investor Conference Call information
Chief Executive Officer Brian Moynihan and Chief Financial Officer Alastair Borthwick will discuss the financial results in an investor conference call at 8 a.m. ET today. For a listen-only connection to the conference call, dial 1.877.200.4456 (U.S.) or 1.785.424.1732 (international), and the conference ID is 79795. Please dial in 10 minutes prior to the start of the call.

Investors can listen to live audio of the conference call and view the presentation slides by visiting the “Events and Presentations” section of the company’s Investor Relations website.

Replay information for Investor Conference Call
Investors can access replays of the investor conference call by visiting the Investor Relations website or by calling 1.800.934.4850 (U.S.) or 1.402.220.1178 (international) from noon on July 16 through 11:59 p.m. ET on July 25. 

Bank of America
Bank of America is one of the world’s leading financial institutions, serving individual consumers, small and middle-market businesses and large corporations with a full range of banking, investing, asset management and other financial and risk management products and services. The company provides unmatched convenience in the United States, serving approximately 69 million consumer and small business clients with approximately 3,700 retail financial centers, approximately 15,000 ATMs (automated teller machines) and award-winning digital banking with approximately 59 million verified digital users. Bank of America is a global leader in wealth management, corporate and investment banking and trading across a broad range of asset classes, serving corporations, governments, institutions and individuals around the world. Bank of America offers industry-leading support to approximately 4 million small business households through a suite of innovative, easy-to-use online products and services. The company serves clients through operations across the United States, its territories and more than 35 countries. Bank of America Corporation stock is listed on the New York Stock Exchange (NYSE: BAC).

For more Bank of America news, including dividend announcements and other important information, visit the Bank of America newsroom and register for news email alerts.

Investors May Contact:

Lee McEntire, Bank of America
Phone: 1.980.388.6780
lee.mcentire@bofa.com 

Jonathan Blum, Bank of America (Fixed Income)
Phone: 1.212.449.3112
jonathan.blum@bofa.com

Reporters May Contact:

Jocelyn Seidenfeld, Bank of America
Phone: 1.646.743.3356
jocelyn.seidenfeld@bofa.com 

It’s official — Moomoo Singapore has crossed 1.5 million users

  • MooFest 2025 Draws Record-Breaking Crowd of nearly 4,000
  • Unveils Moo AI-Powered Investing & Crypto Expansion

SINGAPORE, July 16, 2025 /PRNewswire/ — Moomoo Singapore concluded its third and largest edition of MooFest on 12 July 2025 at Suntec Convention Centre, welcoming over 4,000 attendees — including investors, partners, and community members for a full day of education, engagement and empowerment. This year’s event, themed ‘The Future of Wealth, Reimagined,’ spotlighted how innovation, accessibility and community are reshaping the investing landscape for everyday Singaporeans.

Gavin Chia, CEO at Moomoo Singapore, announced at MooFest that the moomoo app has surpassed 1.5 million users, which represents 1 in 2 Singapore residents aged 20 to 70[1]. This milestone marks a 50% increase in user growth within just 15 months, following the 1 million user milestone in April 2024. The surge in users underscores Moomoo’s rising influence in shaping Singapore’s retail investing landscape, driven by a blend of intuitive technology, accessible financial education and a thriving in-app community.

Moomoo Singapore has now crossed the 1.5 million user mark - just 15 months after it hit the 1 million user milestone.
Moomoo Singapore has now crossed the 1.5 million user mark – just 15 months after it hit the 1 million user milestone.

“Reaching 1.5 million users is more than just a milestone — it’s a reflection of how deeply moomoo Singapore is woven into the fabric of our nation’s financial and social ecosystem. We’re proud to serve not just as a digital investment platform, but as a partner in the financial journeys of everyday Singaporeans. As the country celebrates SG60 this year, we remain committed to building a future where investing is more inclusive, intelligent, and accessible to all,” said Chia.

7 in 10 Moomoo Singapore’s Clients were Profitable in 1H2025

In his keynote address, Chia shared that nearly 7 in 10 Moomoo Singapore’s clients were profitable over the past 12 months —  notwithstanding the market volatility in the first half of 2025. On a whole-of-portfolio basis, equities remain the most popular instrument for investors, forming nearly 60% of a typical winning portfolio. Wealth management products also saw significant allocation at 26%.

“The secret to their success was simple — staying invested amid volatility, not sitting on the sidelines. When sentiment around the US market shifted, many investors took a proactive approach: trimming US allocations from 75% to 67%, increasing their exposure to Hong Kong from 9% to 12%, and maintaining a stable position of around 20% in Singapore,” Chia said.

“Rather than exiting the market, they took full advantage of it. The data is clear: informed, agile investors who stay the course — while adapting as conditions evolve — continue to find opportunities, even in challenging environments,” he added.

The launch of Moomoo AI at MooFest was a testament to this vision. Moomoo AI is an advanced investment assistant powered by cutting-edge LLM technology that helps users analyse stocks, track market trends, and make informed decisions through a simple, conversational interface. It delivers real-time, holistic insights by combining financial data, technical indicators, and the latest news, all tailored to each query.

Beyond AI, Moomoo Singapore is doubling down on digital assets to build on the successful rollout of crypto trading in 2024. As of 15 July 2025, Moomoo Singapore is still the first and only online broker licensed to offer crypto trading services in Singapore. Its 2H 2025 Retail Investor Sentiment Survey found that almost 8% of all investors intend to increase their cryptocurrency exposure in the second half of the year, signalling growing demand for portfolio diversification. The figure rises to almost 30% among high-risk investors. In response, Moomoo will soon roll out new crypto products, enhanced analytics, and upgraded infrastructure to meet growing demand and help users diversify their portfolios with confidence.

MooFest is Moomoo Singapore's largest community event of the year. Now in its third year, MooFest 2025 saw a record turnout of more than 4,000 attendees.
MooFest is Moomoo Singapore’s largest community event of the year. Now in its third year, MooFest 2025 saw a record turnout of more than 4,000 attendees.

Powerhouse Speakers, Insightful Delivery

This year, MooFest welcomed more than 50 speakers from across 30 financial institutions, as well as key financial influencers.

Moomoo Singapore, in collaboration with SGX and some of the industry’s most respected financial experts, hosted a series of high-impact panel discussions at MooFest 2025 — each designed to help investors make sense of today’s evolving market environment. From macroeconomic shifts and digital finance integration to the rise of AI-powered investing, the sessions translated Moomoo Singapore’s technological capabilities into actionable strategies for everyday investors. With a strong emphasis on practical education, the panels unpacked global trends, portfolio diversification tactics, and the implications of new tools like stablecoins and tokenisation.

The event closed on a high note with a forward-looking discussion on the convergence of traditional finance and digital assets — a topic that underscored Asia’s growing influence in global capital markets. It reflected Moomoo Singapore’s belief that meaningful investor education must evolve alongside the market itself, especially in an era where innovation is moving faster than ever.

Beyond the main stage, attendees participated in interactive learning sessions, live demos, lucky draws, and exclusive previews of upcoming features. These moments helped translate insight into engagement — making complex concepts more accessible and tangible.

At MooFest, Moomoo Singapore also unveiled several key initiatives aimed at deepening its local market presence and user engagement. These include:

  • CDP linkage, enabling seamless access to SGX-listed stocks through investors’ existing accounts
  • The upcoming launch of boutique physical stores, blending digital convenience with personalised support to serve as a hub for financial education and community engagement

Together, these initiatives reflect Moomoo Singapore’s commitment to delivering a holistic, connected, and future-ready investing experience — one that meets users wherever they are, both digitally and physically.

Looking ahead, Moomoo Singapore remains focused on pushing the boundaries of what’s possible in investing — through expanding AI-powered tools, enhancing product accessibility, and deepening its role in the digital asset ecosystem. Its mission remains clear: to empower retail investors with the knowledge, tools, and confidence to navigate the markets with clarity.

The success of MooFest 2025 affirms Moomoo Singapore’s rising influence in shaping a smarter, more confident retail investing culture — not just in Singapore, but across the region.

“What we’re building at Moomoo goes far beyond a trading platform. We’re shaping the future of retail investing — one that’s smarter, more inclusive, and deeply connected to the needs of the next generation. MooFest 2025 was a powerful showcase of how far we’ve come, but more importantly, a glimpse into what’s next. With 1.5 million users and counting, we remain committed to unlocking new possibilities through technology, education, and a community that grows stronger with every market cycle,” Chia said.

About Moomoo Singapore

Moomoo Financial Singapore Pte. Ltd. (Moomoo Singapore) is an award-winning advanced financial technology company transforming the investing experience through our digitalised brokerage and wealth management platform – moomoo. Moomoo enhances the user experience with market data, news, and powerful analytical tools. Moomoo also embeds a unique digitalised investment community to connect all users, investors, companies, analysts, media and key opinion leaders.

Moomoo Singapore offers investment products for trading via the moomoo platform, and it is a capital markets services license holder regulated by the Monetary Authority of Singapore (Licence No. CMS101000), Major Payment Institution (Licence No. PS20200617) holder with the Exempt Financial Adviser Status. In July 2025, Moomoo Singapore reached the 1.5 million users milestone in Singapore.

Moomoo Private Wealth offers bespoke investment strategies for HNW and institutional clients. Backed by its cutting-edge technology platform, Moomoo Private Wealth offers a portfolio of innovative investment products and has been recognised by Asia Banking and Finance for its product excellence.

Our achievements include the Investment Tech of the Year award at the 2024 Asia Fintech Awards and the SIAS Best Retail Broker 2024.

1] The ‘1 in 2 local residents’ figure for Singapore is based on moomoo user data in Singapore as of 30 June 2025. The statistic is derived from Singapore Department of Statistics, as of 24 September 2024, local residents aged between 20-70 accumulated to 2.952 million.

 

Aon enhances industry-leading Reinsurance team with executive appointments

Alfonso Valera named CEO of International, Steve Hofmann as CEO of Americas, George Attard as Global Head of Strategy and Tomas Novotny as Chairman of International

DUBLIN, July 16, 2025 /PRNewswire/ — Aon plc (NYSE: AON), a leading global professional services firm, today announced the appointments of Alfonso Valera as CEO of International for Reinsurance, responsible for UK, EMEA and APAC, and Steve Hofmann as CEO of Americas for Reinsurance, responsible for North America and Latin America. The firm also announced the appointment of George Attard as Global Head of Strategy for Reinsurance and Tomas Novotny as Chairman of International for Reinsurance.

“We are delighted to promote Alfonso, Steve, George and Tomas into these important leadership roles as we accelerate the ambition and velocity of our industry-leading Reinsurance solutions business,” said Marcell, who leads Aon’s integrated Risk Capital and Human Capital capabilities across the firm’s Reinsurance, Commercial Risk, Health, Wealth and Talent teams. “These appointments reflect the depth and quality of leadership across our firm. Together, they bring decades of leadership experience, deep client relationships, market knowledge and domain expertise. Supported by outstanding talent and experts across our regions, they will help shape the next stage of our growth.”

“We continue to invest in our business, our capabilities and our colleagues – and in the areas where we see the greatest opportunity to help our clients make better decisions,” added Marcell. “With expanded investment in innovation, AI, climate advisory and our Better Decisions Labs, we are unlocking new tools and proprietary analytics to help clients accelerate decision-making, strengthen relationships and drive profitable growth.”

Valera previously served as Co-CEO of EMEA for Reinsurance and, before that, as CEO and General Manager of Aon Re Iberia, among other leadership roles. Hofmann previously served as U.S. CEO of Reinsurance and earlier as U.S. Co-President of Reinsurance. Attard most recently served as CEO of Reinsurance for APAC, following 17 years at the firm leading strategy and client engagement in the region. Novotny has served as Co-CEO of EMEA for Reinsurance, Chairman of the Board of Central and Eastern Europe for the firm and as a broking leader for Aon based in Prague.

For more information about Aon’s Reinsurance Solutions capabilities, visit: https://www.aon.com/en/capabilities/reinsurance

About Aon
Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues provide clients in over 120 countries with the clarity and confidence to make better risk and people decisions that protect and grow their businesses.

Follow Aon on LinkedInXFacebook and Instagram. Stay up-to-date by visiting Aon’s newsroom and sign up for news alerts here.

Media Contact
mediainquiries@aon.com
Toll-free (U.S., Canada and Puerto Rico): +1 833 751 8114
International: +1 312 381 3024

Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues in over 120 countries provide our clients with the clarity and confidence to make better risk and people decisions that protect and grow their businesses. Follow Aon on LinkedIn, X, Facebook and Instagram. Stay up-to-date by visiting Aon’s newsroom and sign up for news alerts here.
Aon plc (NYSE: AON) exists to shape decisions for the better — to protect and enrich the lives of people around the world. Through actionable analytic insight, globally integrated Risk Capital and Human Capital expertise, and locally relevant solutions, our colleagues in over 120 countries provide our clients with the clarity and confidence to make better risk and people decisions that protect and grow their businesses. Follow Aon on LinkedIn, X, Facebook and Instagram. Stay up-to-date by visiting Aon’s newsroom and sign up for news alerts here.

SY Holdings Issues Positive Profit Alert for 1H 2025: Net Profit Expected to increase by approximately 20%, Platform-Based Tech Revenue Share Surpasses 50%


SHENZHEN, CHINA – EQS Newswire – 16 July 2025 – SY Holdings Group Limited (“SY Holdings” or the “Group”, Stock Code: 6069.HK), a leading digital-intelligence technology company focused on “AI + Industrial Supply Chains”, today announced a positive profit alert for the six months ended 30 June 2025. Net profit is expected to rise by approximately 20% year-on-year.

The expected increase is mainly attributable to the following:

1. STEADY GROWTH IN PLATFORM SCALE

Through its platform-based development strategy, SY Holdings leverages cutting-edge technologies such as AI Agent to deeply connect industrial ecosystem and data network. By capitalizing on its differentiated risk control model featuring “transaction-focused, entity-light”, SY Holdings delivers “abundant, fast, high-quality and cost-effective” platform-based services to support clients’ needs in working capital. As at 30 June 2025, the Platform has cumulatively facilitated over RMB277 billion in working capital solutions for its clients, representing a year-on-year growth of over 29%, while the cumulative number of clients served exceeded 19,100, with a year-on-year growth of over 14%. Among them, small and medium enterprises (“SMEs”) clients accounted for over 97% of the total, with first-time borrowers making up more than 30%. The Platform has also helped clients reduce financing costs by at least 30%.

2. RISING SHARE OF PLATFORM-BASED TECHNOLOGY SERVICES REVENUE

Through its self-developed “SY Cloud Platform” (the “Platform”), SY Holdings has built an efficient intelligent bridge between the industrial and capital sides, accelerating the expansion of its asset-light operating model. On this basis, the company’s platform-based facilitation business accounted for 88% of total volume, while the proportion of revenue contributed by platform-based technology services has exceeded 50%. As of 30 June 2025, the Platform has connected with over 180 funding partners, representing a year-on-year increase of more than 30%. The Platform has become a key strategic partner for financial institutions in advancing their inclusive finance initiatives.

3. BREAKTHROUGH IN AI COMMERCIALISATION

The Platform is deeply integrated with open-source artificial intelligence (“AI”) large models such as DeepSeek, Qwen and Doubao. Having undergone training and optimization with high-quality industrial data, the Platform can intelligently match project orders and procurement information based on clients’ product characteristics, sales records, production capacity and performance. Meanwhile, leveraging its industrial ecosystem and international market networks, SY Holdings assists ecosystem participants in precisely connecting with overseas demand, enabling them to efficiently carry out marketing, customer acquisition, opportunity seizing, and accelerating their integration into the global industrial supply chain. As of June 30, 2025, SY Holdings leveraged AI technology to deliver value-added services to its clients. Notably, by using AI agents to support clients in securing orders, SY Holdings achieved its first milestone of generating over RMB400,000 revenue through AI-assisted order acquisition.

4. E-COMMERCE: A NEW GROWTH DRIVER

SY Holdings has successfully achieved a breakthrough from scratch in the new e-commerce sector in a short period of time. The company have successfully established a presence on five top-tier e-commerce platforms, unlocking a market with potential exceeding RMB10 trillion and access to over 10 million merchants. Leveraging its robust data connectivity and processing capabilities, SY Holdings empowers emerging businesses by providing actionable insights into key metrics such as sales performance, traffic trends, and inventory turnover. This enables merchants to stay ahead of the curve, predict consumer demands, and identify potential bestsellers with precision. Meanwhile, the company offers flexible working capital facilitation services based on real-time transaction data, helping merchants capitalize on every opportunity to drive growth and create blockbuster products. Additionally, SY Holdings has introduced Be Friends Holding Limited (Stock Code: 1450) as a strategic investor, enabling a rapid entry into the live-streaming e-commerce space. As at 30 June 2025, the cumulative amount of working capital facilitation in e-commerce segment has exceeded approximately RMB2.8 billion, representing an almost eightfold growth year-on-year.

5. AI-DRIVEN EFFICIENCY BOOST

By harnessing the data processing and logical reasoning capabilities of AI large models, combined with ample computing power support from Wuxi Economic Development Zone, SY Holdings integrates and analyses vast volumes of unstructured data such as contracts, documents and public opinions in real time, dynamically generating the enterprise and transaction profiles. This significantly enhances risk control efficiency and avoiding transaction fraud risks. With the strategic investment from a subsidiary of XtalPi Inc. (Stock Code: 2228), SY Holdings receives strong technical support for the development of industrial AI Agents, while deploying innovations such as AI-powered document classification and smart contract review to drive cost reduction and efficiency improvements in collaboration with ecosystem partners. As at 30 June 2025, the per capita working capital facilitated for clients grew by nearly 27%.

6. VENTURING INTO THE ROBOTICS FRONTIER

SY Holdings is a digital intelligence technology company focusing on “AI + Industrial supply chain”. In the face of the continuously growing service demand, the company is actively expanding into new tracks such as e-commerce, robotics and AI applications, it aims to assist SMEs in both precisely matching orders and providing differentiated working capital facilitation services. In the robotics sector, SY Holdings has established a strategic collaboration with Stand Robots (Wuxi) Co., Ltd. which is one of the global leaders in industrial intelligent robotics. This forward-looking initiative positions us to swiftly enter emerging industries, laying a solid foundation for sustained growth and innovation over the next decade.At the same time, SY Holdings continues to increase research and development investment and talent cultivation, and has obtained nearly 90 national invention patents and computer software copyrights, covering areas such as data verification, repayment prediction and risk control models.

Up to now, SY Holdings has maintained profitability for 11 consecutive years and implemented a high dividend policy for 7 consecutive years, and has committed to a dividend payout ratio of not less than 90% conduct declaration and payment of dividends with payout ratio of no less than 90% for the financial years ending 31 December 2025 and 31 December 2026. Including the special dividend, the total dividend payout for the financial years ending 31 December 2025 is expected to reach approximately RMB950 million, implying a dividend yield exceeding 8.5%.

Moving forward, SY Holdings will strengthen its industrial ecosystem and data connectivity, continuously enhancing the commercialization of AI Agent and its platform-based technology service capabilities.

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