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Vietnam Pledges USD 3 Million Hospital for Laos During State Visit

Vietnam Pledges USD 3 Million Hospital for Laos During State Visit
Lao President Thongloun Sisoulith welcomes his Vietnamese counterpart Leung Cuong (photo credit: Pathetlao Daily)

Vietnamese President Leung Cuong made a donation of a district-level hospital construction project to Laos worth USD 3 million.

Sanofi and Sobi extend their partnership with the World Federation of Hemophilia Humanitarian Aid Program

  • Up to five-year contract extension to support the WFH Humanitarian Aid Program with medicine donations and financial assistance

MONTREAL, April 25, 2025 /PRNewswire/ — The World Federation of Hemophilia (WFH) and WFH USA, together with Sanofi, through its philanthropic organization Foundation S, and Sobi, announce the signing of a contract providing support to the WFH Humanitarian Aid Program in the form of medicine donations and financial assistance for up to 5 years. This is the second renewal of the collaboration, which has been in place for more than ten years and demonstrates the partners’ commitment to providing the necessary care and resources for people with hemophilia around the world.

Picture of the WFH, WFH USA, Sanofi and Sobi representatives during the Comprehensive Care Summit, in Dubai.
Picture of the WFH, WFH USA, Sanofi and Sobi representatives during the Comprehensive Care Summit, in Dubai.

The commitment includes the donation of up to 100 million international units (IU) of factor therapy per year that will be distributed by the WFH Humanitarian Aid Program worldwide to developing countries. This will enable the WFH to deliver aid to people with inherited bleeding disorders across the globe.

The new signing comes as Sanofi and Sobi celebrate the tenth anniversary of answering the WFH call to action to support the global inherited bleeding disorders community through the donation of treatment products and financial aid. Between 2014 and 2024, Sanofi and Sobi provided one billion IUs of treatment product, enabling the treatment of 22,219 people with inherited bleeding disorders.

Alaa Hamed
Global Head of Medical Affairs, Rare Diseases, Sanofi
“Building on the legacy of the original ten-year, one billion IU commitment, this new agreement reaffirms Sanofi and Sobi’s dedication to creating a predictable, sustainable program that addresses unmet needs and advances the standard of care for hemophilia worldwide. Over the past decade, these contributions have expanded treatment availability and transformed patient outcomes.  We are proud to leverage the Foundation S expertise and continue providing essential treatments and with this renewal ensuring improvement to the quality of life for thousands of individuals in developing countries for years to come.”

Lydia Abad-Franch
Head of R&D and Chief Medical Officer, Sobi
“We are immensely proud to continue our contributions to the Humanitarian Aid Program of the World Federation of Hemophilia (WFH). Since the initial pledge, over 22,000 people with hemophilia have been treated with factor donated by Sobi and Sanofi. We are thrilled to continue our partnership with the WFH and look forward to the positive impact it will have on the lives of those affected by inherited bleeding disorders.”

Cesar Garrido
President, World Federation of Hemophilia
The contributions of Sanofi and Sobi to the WFH Humanitarian Aid Program can’t be overstated — and especially in the last ten years after they answered the WFH call to action. This new five-year contract will continue that legacy of support for the global inherited bleeding disorders community, and it will help us get closer to our shared vision of Treatment for All.”

Mark Skinner
Board Member, World Federation of Hemophilia, USA
“The WFH Humanitarian Aid program is an extraordinary example of collaboration. The life-changing impact of this program is a testament to what can be achieved by working together with our industry partners. The visionary leadership of Sobi and Sanofi’s Foundation S has provided inspiration for others in industry, hope for patients and their families, and elevated capacity of health care professionals around the world.”

About the World Federation of Hemophilia
The World Federation of Hemophilia (WFH) is a non-profit organization dedicated to improving and sustaining care for people with inherited bleeding disorders around the world. At the WFH, national member organizations (NMOs) and health care professionals (HCPs) work together to provide care for people with inherited bleeding disorders around the world. We partner with governments and hemophilia treatment centres to enhance knowledge through training and provide tools they need to identify, support and treat people living with bleeding disorders in their communities, while promoting global advocacy and collaboration to achieve our common goals. The WFH Humanitarian Aid Program improves the lack of access to care and treatment by providing much-needed support for people with inherited bleeding disorders in developing countries. By providing patients with a more predictable and sustainable flow of humanitarian aid donations, the WFH Humanitarian Aid Program makes it possible for patients to receive consistent and reliable access to treatment and care. None of this would be possible without the generous support of Sanofi and Sobi, our Founding Visionary Contributors; Bayer, CSL Behring and Roche, our Visionary Contributors; Grifols, our Leadership Contributor; and Takeda, our Contributor.

Our vision of Treatment for All is for a world where all people with inherited bleeding disorders have access to care, regardless of their type of bleeding disorder, gender, or where they live. Our mission is to improve and sustain care for people with inherited bleeding disorders around the world.

To find out more about the WFH, please visit  www.wfh.org.

About WFH USA
WFH USA furthers the mission of the WFH in the U.S. by deepening engagement of American citizens with our global vision of Treatment for All and raising funds to bring that vision to life. By working with the World Federation of Hemophilia, we help transform communities by equipping and empowering WFH national member organizations (NMOs) and healthcare providers with the knowledge and tools they need to identify, support and treat people living with bleeding disorders around the world. To find out more about WFH USA, please visit  wfh.org/usa.

About Sanofi
We are an innovative global healthcare company, driven by one purpose: we chase the miracles of science to improve people’s lives. Our team, across the world, is dedicated to transforming the practice of medicine by working to turn the impossible into the possible. We provide potentially life-changing treatment options and life-saving vaccine protection to millions of people globally, while putting sustainability and social responsibility at the center of our ambitions.
Sanofi is listed on EURONEXT: SAN and NASDAQ: SNY

About Foundation S – The Sanofi Collective
Foundation S strives to create healthier futures for generations to come. We are driven by a singular purpose: to improve the lives of vulnerable populations by catalyzing community–based solutions, expanding access to medicines, and mobilizing collective action.

About Sobi
Sobi® is a global biopharma company transforming the lives of people with rare and debilitating diseases. Providing reliable access to innovative medicines in the areas of haematology, immunology and specialty care, Sobi has approximately 1,800 employees across Europe, North America, the Middle East, Asia and Australia. In 2024, revenue amounted to SEK 26 billion. Sobi’s share (STO:SOBI) is listed on Nasdaq Stockholm. More about Sobi at sobi.com and LinkedIn

Media contact: Neha Suchak, Director, Marketing & Communications, nsuchak@wfh.org, +1 514-875-7944, #2857, www.wfh.org

 

ASUS and JustCo Launch New Experience Zones in Singapore

Business travelers and modern workers can now enjoy ASUS monitors, ergonomic chairs and more at JustCo locations in Changi Airport T3 and International Plaza

  • Expanded partnership: ASUS and JustCo redefine the work experience with new ASUS Experience Zones in Singapore
  • Data-driven design: Dedicated areas offer tailored setups with ASUS monitors to support diverse work styles and modern business professionals
  • Exclusive Launch Event: Sharing of productivity hacks from members and productivity experts

SINGAPORE – Media OutReach Newswire – 25 April 2025 – Building on a successful collaboration in Taiwan since 2023, Asus (global technology leader) and JustCo (Asia’s leading premium flexible workspace provider) have announced an expanded partnership to redefine the “travel and work anytime, anywhere” experience for business travelers and modern workers in Singapore.

ASUS and JustCo New Experience Zone at International Plaza
ASUS and JustCo New Experience Zone at International Plaza

This expanded partnership introduces new ASUS Experience Zones at two JustCo locations, Changi Airport T3 and International Plaza. At these zones, JustCo members and business travelers can now access a carefully curated selection of high-performance ASUS products designed to improve productivity and comfort for a variety of professional needs:

To mark this expanded collaboration, ASUS and JustCo hosted an exclusive launch event at JustCo’s International Plaza. A highlight of the event was a Productivity Masterclass led by Pratik Ranadive, Solutions Architect at Intel Singapore, offering actionable strategies for small and medium-sized businesses to improve efficiency. It was a valuable opportunity for attendees to gain valuable insights and network with like-minded individuals.

Andre Chong, Vice President & Head of Marketing at JustCo Singapore had this to say about the launch of the new Asus Experience Zones: “At JustCo, we are committed to innovation and enhancing the flexible workspace experience. Our partnership with ASUS embodies this spirit as we integrate their cutting-edge technology into our centers. This seamless fusion enables our members to be more productive and enjoy a differentiated workspace experience that sets us apart.”

Michelle Lim, Deputy Marketing Director of ASUS Singapore also commented on the partnership: “We are delighted to expand our partnership with JustCo to Singapore, showcasing ASUS Experience Zones that blend wellness and productivity in Changi Airport and International Plaza. Our innovative monitors and ergonomic chairs are designed to support modern professionals with features that enhance comfort, reduce eye strain, and promote overall well-being. This strategic collaboration underscores our mutual commitment to creating environments that foster both wellness and efficiency,”

To celebrate this new launch, ASUS will be holding a limited-time promotion from now till 30 Jun 2025 with up to 15% off for selected ASUS and ROG items. For more information, please visit https://sg.store.asus.com/justco-promotion.

Hashtag: #ASUS #coworking #office #justco





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

JustCo Global

JustCo is Asia Pacific’s leading provider of flexible workspaces for businesses of all sizes seeking flexible work solutions. Founded in 2011 and headquartered in Singapore, JustCo leads Singapore’s coworking scene with the largest network, offering close to 50 coworking centers across eight gateway cities in the region.

JustCo empowers flexible work across our network of high-quality coworking centers in prime locations, seamlessly integrated with technology to enable our members to work from any of our premises. Beyond flexible workspace solutions, we also strive to be the place that works for all individuals and businesses, revolutionizing how people work by providing a platform that fosters growth, connections, collaborations and opportunities for our ever-growing JustCo community and beyond.

For more information, visit our website at

Topband and Ecosolex Make Debut at Solartech Indonesia 2025: Full-Stack Innovation Powers a New Energy Future in Southeast Asia

JAKARTA, Indonesia, April 25, 2025 /PRNewswire/ — Topband Co., Ltd. (Stock Code: 002139.SZ), together with its sub-brand Ecosolex, made a high-profile debut at Solartech Indonesia 2025, one of Southeast Asia’s largest and most influential renewable energy exhibitions. Under the theme “Full-Stack Innovation for a Smarter Energy Future,” Topband showcased its comprehensive energy solutions designed for both residential and commercial-industrial applications.

As a key platform in Southeast Asia’s energy transition, the exhibition drew widespread attention from global energy companies, government agencies, and industry experts. Backed by its robust capabilities in energy storage, Topband presented its signature “One Core, One Cloud, 3S” full-stack technology ecosystem—including self-developed battery cells, BMS, PCS, EMS, and a proprietary cloud platform. From cell to complete system, this vertically integrated approach demonstrated Topband’s end-to-end innovation capabilities. Combined with its ongoing localization strategy, the company quickly became a focal point at the event, securing multiple partnership intentions and underscoring its leadership in the new energy sector.

Full-Stack Technology for High-Value Energy Scenarios

At the exhibition, Topband emphasized its vertically integrated “component-to-system” development path by unveiling a series of tailored solutions for diverse use cases across the residential and commercial-industrial segments. Designed with the high heat, humidity, and grid instability of Southeast Asia in mind, Topband introduced its 215kWh and 100kWh C&I liquid-cooled energy storage cabinets. These systems, equipped with high-performance battery cells and advanced fire safety mechanisms, are well-suited for factories, shopping centers, hotels, and industrial parks—offering stable, 24/7 power supply.

Topband also showcased its 50kW and 100kW three-phase PV inverters, which deliver peak conversion efficiencies of up to 98.6%. These units are optimized for compatibility with a variety of PV modules and grid characteristics specific to Indonesia, enabling users to significantly reduce levelized cost of electricity (LCOE).

In the EV charging segment, Topband introduced its 60kW DC fast-charging solution, supporting dual-vehicle charging and real-time dynamic power allocation. With IP54 protection and an operating temperature range from -20°C to 50°C, it is engineered for outdoor reliability. OCPP protocol support allows seamless integration with customer cloud platforms, providing an efficient energy replenishment solution for electric commercial fleets and public charging infrastructure.

Localized Innovation to Support Indonesia’s Energy Transition

During the concurrent high-level forum, Riko Sugiyanto, Country Manager of Topband Indonesia, delivered a keynote titled “Trends in Energy Storage Battery Technology and Applications in Southeast Asia.” He emphasized the importance of safety and efficiency in storage systems, especially under Indonesia’s unique climate and geographical conditions. Riko highlighted Topband’s commitment to understanding the practical needs of local C&I energy users and offering adaptable solutions, such as modular system design, to respond rapidly to real project demands.

Drawing on years of global market experience and a responsive customer service framework, Topband is rapidly building a localized service and support network across Indonesia. This includes technical assistance, operations, and maintenance—ensuring quick response times and reliable aftersales care. These initiatives are in strong alignment with Indonesia’s national sustainability goals, including its “Net Zero Emission by 2060” commitment and the “Program Kepulauan Surya”(”Solar Archipelago”)development vision.

Driving Southeast Asia’s Energy Transformation

With its full-stack R&D capabilities and deep adaptation to local market needs, Topband is taking firm steps to participate in the transformation of Southeast Asia’s energy landscape. The company is playing a key role in accelerating the region’s transition to clean power—injecting long-term momentum into global sustainable energy development.

Trip.com Unveils 2025 Trip.Best Global Rankings: Malaysia Shines with Top Hotels, Attractions and Dining Experiences

  • Malaysian properties and destinations stand out in Asia rankings for family-friendly hotels, scenic stays, local experiences and more.
  • Iconic hotels in Langkawi, Penang and Kuala Lumpur earn recognition as Asia’s Best Luxury, Family, Scenic, Cultural and Instagrammable Hotels.
  • Leading Malaysian restaurants and attractions make their mark on the Trip.Best 2025 Global Rankings for family travel, nightlife and local eats.

KUALA LUMPUR, Malaysia, April 25, 2025 /PRNewswire/ — Malaysians planning their next great getaway can now look to Trip.com’s newly-released 2025 Trip.Best Global Rankings, which showcases the most-loved travel experiences based on verified traveller reviews and booking data. From luxury stays and family hotels to unforgettable attractions and dining hotspots, the annual Trip.Best rankings offer travellers a curated guide to the best the region has to offer — and Malaysia has scored big.


Trip.Best is Trip.com’s signature collection of curated travel rankings, updated annually and powered by an AI-driven analysis of verified user ratings, reviews and booking trends. Covering categories such as Stays, Attractions, Restaurants and Nightlife, Trip.Best helps travellers discover the top destinations and experiences globally and regionally. By combining user data with expert insights, Trip.Best presents a trusted, data-backed guide to help travellers plan meaningful and memorable trips.

Trip.Best 2025 features Malaysian establishments across multiple Asia-focused categories, highlighting how Malaysia continues to impress travellers with its vibrant hospitality, cultural richness and diverse culinary offerings.

Top-Recognised Malaysian Establishments in Trip.Best 2025

Category

Malaysian Establishments

Asia’s Best Luxury Hotels

The Ritz-Carlton, Langkawi

Four Seasons Resort Langkawi

One&Only Desaru Coast

Asia’s Best Family Hotels

Legoland Malaysia Hotel

Club Med Cherating Beach

PARKROYAL Langkawi Resort

Renaissance Kuala Lumpur Hotel & Convention Centre

Four Points by Sheraton Kuala Lumpur, City Centre

PARKROYAL Penang Resort

Asia’s Best Scenic Hotels

 

The St. Regis Langkawi

The Taaras Beach & Spa Resort

Anantara Desaru Coast Resort

The Danna Langkawi

Asia’s Best Cultural Hotels

 

The Ritz-Carlton, Langkawi

Eastern & Oriental Hotel

Cheong Fatt Tze – the Blue Mansion

Asia’s Most Instagrammable Hotels

The Luma Hotel, a Member of Design Hotels

Asia’s Best Gourmet Hotels

Grand Hyatt Kuala Lumpur

Mandarin Oriental, Kuala Lumpur

The Datai Langkawi

Asia’s Best Villas

The Datai Langkawi

Four Seasons Resort, Langkawi

Ambong Pool Villas Langkawi

Asia’s Best Things to Do

 

Petronas Twin Towers

LEGOLAND Malaysia

KL Hop-on Hop-off

Asia’s Best Family-Friendly Attractions

Legoland Malaysia

Sunway Lagoon Theme Park

Aquaria KLCC

Genting SkyWorlds Theme Park

Underwater World Langkawi

Asia’s Best Night Attractions

Petronas Twin Towers

Kuala Lumpur Tower

KL Hop-on Hop-off

Asia’s Best Nightlife Bars

Vertigo Restaurant & Bar

Penrose KL

Whisky House Kuala Lumpur

SKY51

The Iron Fairies KL

Heli Lounge Bar

SkyBar

Asia’s Best Nightlife Clubs

Pitt Club KL

Asia’s Best Local Restaurants

Sun Fong Bak Kut Teh

Madam Kwan’s

Hai Kah Lang TRX

Limapulo: Baba Can Cook

Restoran Meng Kee Grill Fish

Asia’s Best Light Bites Restaurants

Ho Know Hainam Kopitiam

Pao Xiang Bah Kut Teh

Yik See Ho Bak Kut Teh

Tao Xiang Bah Kut Teh Fish Head Noodles

Yut Kee Restaurant

Yu Yi Bak Kut Teh

Asia’s Best Fine Dining Restaurants

Dewakan 

DC Restaurant

Sushi Taka

Asia’s Best Restaurants for Views & Experiences

ALVA KL

Manten Omakase

DEWAKAN

Blackbyrd KL

Asia’s Best Destinations

Kuala Lumpur

Semporna

Kota Kinabalu

Langkawi

Melaka

Asia’s Best Family Friendly Destinations

Kuala Lumpur

Asia’s Best Coastal Destinations

Semporna

Langkawi

Stephane Thong, General Manager, Trip.com Malaysia, said, “It’s truly exciting to see Malaysian establishments being recognised across so many categories in this year’s 2025 Trip.Best Global Rankings. From family-friendly hotels and scenic resorts to local culinary gems and iconic attractions, this recognition reflects the richness and diversity of our travel offerings. We hope this not only inspires Malaysians to rediscover local favourites but also encourages more international travellers to explore what Malaysia has to offer — especially as we gear up for Visit Malaysia Year 2026.”

Trip.Best Global Highlights

While Malaysian establishments dominate Asia-focused categories, the 2025 Trip.Best Global Rankings spotlight broader trends and key highlights from across the world:

  • Luxury and experiential stays dominate, with Paris, Tokyo and New York leading the Global 100 Luxury Hotels list. Paris’ Hôtel de Crillon tops the chart, joined by other icons like Raffles Singapore and Aman Tokyo.
  • Family travel is thriving, with world-class resorts like Atlantis Sanya (China), Tokyo Disneyland Hotel (Japan), and Atlantis, The Palm (Dubai) ranked among the best global family-friendly destinations.
  • Theme parks are top global attractions, including Walt Disney World, Universal Studios Japan, and Shanghai Disney Resort. These destinations continue to dominate the Global Best Things to Do list.
  • Seasonal experiences such as autumn foliage viewing and water-themed fun are now featured in new categories like Fall Views and Water Fun, responding to travellers’ growing interest in nature and seasonal trips.
  • Dining becomes part of the journey, as global food capitals Paris, New York, Bangkok and Singapore top fine dining lists. Meanwhile, new experiences like sky-high dining in Dubai or riverside feasts in Seoul lead the Restaurants for Views & Experiences category.
  • The “Destinations for the Months” feature helps travellers plan the best seasonal itineraries, suggesting top spots to visit based on time of year—like Kyoto in winter or Seoul in cherry blossom season.

These global insights showcase how Trip.Best is helping travellers uncover not just where to go, but when and why, through a blend of real-time data, expert curation and trend mapping.

Discover what’s trending and where to go next with Trip.Best here.

About Trip.com

Trip.com is an international one-stop travel service provider, available in 24 languages across 39 countries and regions in 35 local currencies. Trip.com has an extensive hotel and flight network consisting of more than 1.7 million hotels and flights from over 600 airlines covering 3,400 airports in 220 countries and regions around the globe. Trip.com‘s world-class 24/7 multilingual customer service, as well as additional centres in Edinburgh, Tokyo and Seoul, help to ‘create the best travel experience’ for its millions of customers worldwide. To book your next trip, visit Trip.com.

Keymed Biosciences Announces Approval of IND for CM518D1 by the National Medical Products Administration of China for the Treatment of Gastrointestinal Cancers

CHENGDU, China, April 25, 2025 /PRNewswire/ — Keymed Biosciences Inc. (HKEX: 02162) (“Keymed” or the “Company”) recently announced CM518D1, a CDH17-targeted antibody-drug conjugate (ADC) developed by Keymed, received Investigational New Drug (IND) approval from the Center for Drug Evaluation (CDE) of the National Medical Products Administration (NMPA), and is currently undergoing Phase I/II clinical trials in China for the treatment of solid tumors. This milestone marks another breakthrough in Keymed’s ADC drug development, further strengthening its innovative therapeutic pipeline in oncology.

CM518D1: a novel ADC drug targeting CDH17

CDH17 (Cadherin-17), a member of the cadherin superfamily, is an emerging therapeutic target in gastrointestinal cancers. Studies indicate that CDH17 is highly expressed in multiple gastrointestinal cancers including colorectal cancer, gastric cancer, pancreatic cancer, esophageal cancer, and plays a critical role in tumor invasion and metastasis.

CM518D1 delivers cytotoxic payloads precisely to tumor cells by a CDH17-specific monoclonal antibody, which combines the specificity of antibodies and the potent cytotoxicity of chemotherapeutics. Preclinical studies demonstrated that CM518D1 exhibits strong direct cytotoxic activity, potent bystander killing effect and excellent plasma stability. CM518D1 exhibits remarkable anti-tumor efficacy in multiple solid tumor xenograft models and a favorable safety profile and wide therapeutic window in toxicological evaluations.

Clinical development: providing a potential treatment regimen for gastrointestinal cancers

Keymed is currently conducting Phase I/II clinical trials in China to evaluate the safety, tolerability, and preliminary efficacy of CM518D1 in patients with advanced solid tumors. Future studies aim to provide a more precise, effective, and safe therapeutic option for patients worldwide with gastrointestinal cancers.

Keymed’s ADC platform: a next-generation of proprietary ADC program for innovative drug development

Keymed’s proprietary ADC platform has capabilities for developing next-generation ADCs with novel payloads (e.g., diverse mechanisms of action), hydrophilic linkers (optimized for stability and drug release) and engineered antibodies (enhanced binding and pharmacokinetics).

To meet the demands of next-generation ADC development and clinical research, Keymed has established GMP-compliant facilities for linker-payload and ADC drug substance production. This infrastructure positions Keymed at the forefront of ADC therapeutic development, helping to address unmet medical needs for patients worldwide.

About Keymed Biosciences

Keymed Biosciences Inc. (HKEX: 02162) is a biotech company focused on the urgent unmet clinical needs, and committed to providing high-quality, affordable, innovative therapies for patients in China and overseas. Keymed was founded by medical and scientific experts who have strong experience in the transformation of scientific and technological achievements to commercialization at home and abroad.

Tencent Cloud Completes Airstar Bank’s Full Migration to the Cloud to Create a More Agile Digital Bank

HONG KONG, April 25, 2025 /PRNewswire/ — Migrating to the Cloud is quickly becoming an industry standard for the financial industry as it enables institutions to achieve greater performance, digital capabilities, operational efficiencies and cost management. Tencent Cloud, the cloud business of global technology company Tencent, today announced it has helped Hong Kong’s Airstar Bank to successfully migrate its entire operations onto the Cloud, to facilitate more agility for their digital bank services and operations. Airstar Bank has been operating steadily on the cloud for over 100 days, witnessing significant improvements to the greater speed, stability and security that they are able to provide to their digital banking customers.

Tencent Cloud Completes Airstar Bank’s Full Migration to the Cloud
Tencent Cloud Completes Airstar Bank’s Full Migration to the Cloud

Airstar Bank is one of the first digital banks to be granted a banking license in Hong Kong and it continues to grow in market presence today. This has placed significant technological demands on Airstar Bank, as it needs to scale up quickly while balancing the high costs and resources that are required to support its growing operations.

In December 2023, Airstar Bank partnered with Tencent Cloud to initiate its cloud business migration plan, which will see all aspects of its business operations housed on the cloud. Tencent Cloud drew from its own extensive experience in cloud migration, formulating detailed technical plans and migration strategies to ensure a safe, smooth, and efficient transition to the cloud, while adhering to strict industry regulations and standards at all times.

Liming Hu, Vice President of Tencent Cloud, said: “Migrating to the cloud is the optimal solution for the digital transformation of the financial industry, and Airstar Bank’s comprehensive cloud migration reflects its forward-looking approach to digitalization. Tencent Cloud is honored to assist Airstar Bank in smoothly and efficiently migrating to the cloud, helping to provide more diverse financial products and services to customers, improve customer satisfaction, and promote a virtuous cycle that enables rapid business development. In the future, Tencent Cloud will continue to focus on fintech and cloud services, offering leading digital banking solutions to financial institutions worldwide and supporting product and business innovation in the financial industry.”

Felix Tao, Chief Technology Officer of Airstar Bank, said: “We are very pleased to partner with Tencent Cloud to successfully and smoothly complete the bank’s cloud migration. We anticipate significant optimization in terms of resource costs and workload as well as the complexity of infrastructure operations and maintenance. As a ‘user-oriented’ digital bank, we remain committed to providing our customers with more diverse products and services. This development not only helps reduce costs and enhance efficiency, accelerating product iteration, but the flexibility and scalability of the new core system will also assist Airstar Bank in dynamically adjusting resources to meet future business expansion and peak customer flow demands. In view of all this, we strive to build a more agile digital bank supported by cloud technology.” 

Airstar Bank adopted a layered architecture design to maintain the highest levels of security, utilizing partition isolation based on its unique business characteristics. Combined with Tencent Cloud’s comprehensive security product capabilities, they built a security protection system at key nodes to safeguard bank data comprehensively. The bank’s business data retrieval is also enhanced by integrating content acceleration and edge security through an edge security acceleration platform.

The financial industry, especially the banking sector, has very high requirements for the stability and security of IT systems. In terms of disaster recovery architecture, Tencent Cloud designed a multi-layer business disaster recovery architecture system for Airstar Bank, covering traffic access, business applications, and data storage. The overall system achieved a cross-AZ dual-active disaster recovery architecture, ensuring second-level rapid switching in the event of extreme failures. Relying on Tencent Cloud’s observability platform, they monitored the operational status of all business nodes in real time.

During the cloud migration process, phased data migration proved to be critical. Each stage of the process needed to be completed quickly within a limited time window to ensure that various bank businesses were not affected. Tencent Cloud provided the tools and expert services to help Airstar Bank adapt and implement the migration effectively with limited disruptions. During the critical database migration phase, an assessment tool helps to first generate a report, which allows the bank to evaluate its business workload. After completing code refactoring, data synchronization is carried out using Tencent Cloud’s DBbridge migration tool, ultimately switching business traffic to the cloud. The success rate of the overall cloud migration reached 100%, with no occurrence of business fallback or data rollback issues.

After completing the full cloud migration, Airstar Bank has seen significant improvements in high-performance data processing capabilities, along with a reduction in resource costs and the workload and complexity of infrastructure maintenance—estimated to lead to annual cost savings worth millions in the future. Additionally, the business systems can now fully leverage the diverse enterprise-grade commercial products available in the cloud to replace self-built open-source product components, significantly enhancing development efficiency and enabling agile application iterations and rapid responses to market changes.

About Tencent Cloud:

Tencent Cloud, one of the world’s leading cloud companies, is committed to creating innovative solutions to resolve real-world issues and enabling digital transformation for smart industries. Through our extensive global infrastructure, Tencent Cloud provides businesses across the globe with stable and secure industry-leading cloud products and services, leveraging technological advancements such as cloud computing, Big Data analytics, AI, IoT, and network security. It is our constant mission to meet the needs of industries across the board, including the fields of gaming, media and entertainment, finance, healthcare, property, retail, travel, and transportation.

About Airstar Bank:

Airstar Bank is a digital bank in Hong Kong with Xiaomi Corporation and Futu Group as its key shareholders. The Bank upholds the virtue of financial inclusion by making cutting edge digital banking services accessible at our customers’ fingertips. Airstar Bank has become a licensed bank under the Hong Kong Monetary Authority since May 9, 2019.

TCL Solar Debuts in Korean Market, Pioneering a New Era of Renewable Energy Innovation

DAEGU, South Korea, April 24, 2025 /PRNewswire/ — Pioneering New Asia Solar Partnerships, TCL Solar debuted its cutting-edge solar technologies at Korea International Green Energy Expo, the nation’s premier renewable energy event held at Daegu EXCO Convention Center. The showcase at Booth L-260 featured TCL Solar’s industry-leading Shingled, TOPCon and BC module technologies, drawing exceptional interest from attendees throughout the three-day exhibition.

This exhibition marks TCL Solar’s first appearance in Korea after completing its brand upgrade. As a strategic extension of TCL in renewable energy sector, TCL Solar deeply integrates the advantages of TCL Group, TCL Zhonghuan and SunPower. Relying on TCL’s global layout advantages, TCL Zhonghuan’s leading advantages in the vertical field of silicon wafers and SunPower’s revolutionary patented technology advantages in the research and development of multiple modules.

As the world’s 8th largest energy consumer and 7th biggest carbon emitter, Korea faces significant energy security and climate challenges. With 93.8% energy dependence on imports and only 8.2% renewable energy in its total energy mix, the country is actively transforming its energy landscape. Under the government’s “Carbon Neutrality by 2050” strategy, Korea plans to increase renewable energy generation to 30% by 2030, creating substantial market opportunities for global green energy leaders like TCL Solar.

TCL Solar showcased its full product lineup, including BC, TOPCon half-cut, and shingled modules during this big event, offering customers a wide range of choices for different scenarios. TCL Solar’s BC technology is built upon the legacy of SunPower. And it was fully acquired by TCL Zhonghuan in 2025. Its’ BC modules perfectly address Korea’s market characteristics with three core advantages: high efficiency, superior reliability, and premium aesthetics – particularly suitable for Korea’s limited land/roof resources, high architectural standards, and diverse environmental conditions. The exhibited G11RA-72P BC module demonstrates significant power generation improvement over mainstream TOPCon products through optimized performance in partial shading, temperature coefficient, operating temperature, and power linear attenuation.

While Korea remains one of the few GW-level PV markets globally, its high entry barriers and lengthy certification processes pose challenges. TCL Solar completed thorough preparatory work, with multiple shingled and half-cut module types already obtaining KS (Korean Industrial Standards) certification, establishing solid reputation and customer foundation in this steadily growing market. TCL Solar Shingled module adopts large-sized silicon wafer in various specifications, efficient TOPCon cell technology and high-density packing technology. Combined with a series of innovative technology such as 1/3 cut cell design and series parallel circuit design with independent intellectual property rights, it significantly improves product performance and reliability. Moreover, Shingled module pays attention to aesthetic feature, with consistent appearance and strong identification, making it perfectly integrated with various application scenarios.

During the exhibition, TCL Solar successfully signed module supply agreements with two renowned local companies in South Korea, Dabin E&C and Korea Green Power Co., Ltd. Both companies have long been deeply rooted in Korea market and have accumulated extensive experience in photovoltaic project development and operation. “We are very pleased to have this collaboration with TCL Solar. The performance and high efficiency of TCL Solar’s modules align perfectly with our requirements. We look forward to working hand in hand with TCL Solar to drive the development and transition of renewable energy in Korea.” Said representative from Korea Green Power Co., Ltd.

Moving forward, TCL Solar will continue to uphold its customer-centric philosophy, maintain a long-term commitment to technological research and development, and increase R&D investment. TCL Solar is dedicated to providing high-quality products and services for Korean photovoltaic market, promoting regional sustainable development, and fully supporting the achievement of Korea’s 2030 renewable energy goals.