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Henan Meets SCO: Anyang Receives Acclaim from Media and Think Tank Guests


ANYANG, CHINA – Media OutReach Newswire – 29 July 2025 – From July 23 to 27, the Shanghai Cooperation Organization Media and Think Tank Summit was held in Henan Province. During this event, guests from multiple countries visited Anyang, Henan, one of China’s Eight Ancient Capitals, to gain profound insights into this ancient city’s historical legacy and modern vitality.

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Anyang is home to Yinxu (the Yin Ruins), a UNESCO World Heritage site, the hometown of Oracle Bone Inscriptions and the birthplace of the Book of Changes (I Ching). Along the banks of the Huan River stands the Yinxu Museum, its form echoing a monumental bronze Ding, radiating solemn grandeur. In the Oracle Bone Inscription exhibition hall, characters carved onto tortoise shells and animal bones seemed to grow more mysterious under dramatic lighting, as guests clustered around displays, intently deciphering each stroke’s meaning.

Yinxu Museum
Yinxu Museum

“China’s enduring civilization is a cornerstone of its global standing,” said Robinder Nath Sachdev, President of Imagindia Institute, New Delhi, India, visiting China for the first time. Deeply impressed by China’s profound culture, he added, “This visit has aroused a curiosity and I’ll delve further into Anyang’s history and culture upon my return.”

At the Red Flag Canal Museum in Linzhou, Anyang, Olga Migunova, Scientific Director of the Center for the Study of China, St. Petersburg State University of Economics, lingered before the large photograph Celebration of the Red Flag Canal’s Water Flow.

As the guide narrated, scenes from over 60 years ago came alive. Under extreme hardship, local people leveled 1,250 hills, excavated 211 tunnels, and carved a 1,500-kilometer “river of life” into cliff faces. This feat ended Linzhou’s history of “nine droughts in ten years,” a time when water was “as precious as oil”.

“We’ve read much about Anyang, but experiencing it firsthand is entirely different. This, I believe, is the ‘cradle of Chinese civilization’,” Migunova said. She noted that Red Flag Canal embodies the Chinese people’s tenacious spirit toward life and nature, reflecting their cultural tradition of uniting to overcome adversity. “Similarly, if SCO countries stand together, we too can surmount countless challenges.”

Aman Mambetaliyev, Deputy Director of the Central Communications Service under the President of the Republic of Kazakhstan, remarked: “The Red Flag Canal spirit offers inspiration to other countries. Coming from Kazakhstan where water scarcity and global warming challenge us, we might adopt this approach. The Canal demonstrates that shared conviction and purpose can achieve the impossible.”

Guests also visited Henan Guangyuan New Material Co., Ltd. in Linzhou. In its electronic fabric workshop, automated production lines drew them to pause and take photos. “We’ve read about this in journals, but witnessing cutting-edge materials being made is truly awe-inspiring,” said Nikolay Migunov, Chief Editor of “Daotong Eastern Literature Press” Company Limited. “I realize now: the hum of precision machines and the rhythm of assembly lines foster a social bond, igniting collective pride in ‘Made in China’.”

This journey, bridging history, illuminates the future. Walking through Central China, guests absorbed the splendor of Chinese civilization, heard tales of tenacious endeavor, and perceived the pulse of economic development. Meanwhile, the sincere fellowship of the “SCO Family” grew ever stronger.

Hashtag: #AnyangMunicipalPublicityDepartment

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

LANDMARK Invites the Community to ‘Find Your Chapter’ and Celebrate the Love of Reading This Summer

Rediscover the Joy of Reading This Summer at LANDMARK, Featuring an Engaging Book Stop Pop-Up, Exclusive Promotional Offers, and Curated Literary Experiences for All Ages.


HONG KONG SAR – Media OutReach Newswire – 29 July 2025 – Celebrating the timeless allure of storytelling, LANDMARK unveils ‘Find Your Chapter’, a vibrant reading hub in the heart of Central designed to take the community on a literary journey this summer. This reading hub, perfect for book discovery, quiet reflection, and connection, is marked by a curated array of themed experiences, from a serene reading nook to story discovery areas, inviting Central to rediscover the magic of reading in an entirely new light. Catering to the varied preferences of all who visit, work and pass by LANDMARK, this initiative brings the quiet comfort of reading to everyone, making each interaction a special one.

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From now until September 30th, visitors of all ages are invited to step into this meticulously crafted world of book discovery at 2/F, LANDMARK ATRIUM, which serves as the vibrant epicentre of activity. It hosts ‘The Book Stop Pop-Up’, a dedicated literary haven for both children and adults, that features three distinct houses of exploration, ‘LANDMARK’s Library’ hosting favourites from different genres, a ‘Little Explorer’s Reading Nook’ for children’s book discovery, and a ‘Redeem a Read’ book redemption house. Visitors will be able to enjoy the complimentary ‘Redeem a Read’ book redemption offer at ‘The Book Stop Pop-Up’ or directly from the Bookazine store, upon a minimum spend of $600 at any store in LANDMARK. A series of book readings for children and adults will be scheduled during the duration of the project.

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To further enrich this literary journey and share in the love of reading, ‘Find Your Chapter’ extends its reach through valuable partnerships. Giving a second life to pre-loved books, Bookazine will be hosting a book exchange and offer a 10% discount on same day book purchases when donating a book. Acknowledging that the perfect read often finds its ideal companion in a comforting beverage, LANDMARK’s esteemed F&B partners – Crew and Fuel Espresso will also be offering a $10 discount on a selection of drinks to visitors who bring a physical book to the counter.

Crew Fuel Expresso Logo

With ‘Find Your Chapter’ LANDMARK brings the shared love of reading to the heart of Central. It crafts a space where the community can converge, discover, explore, and collectively appreciate literary excellence, forging genuine connections through the timeless power of the written word.

Stay tuned for more information on landmark.com

Event Details
LANDMARK – Find Your Chapter
Date: Until 30th September, 2025
Location: 2/F LANDMARK Atrium
Hours: 11:00 AM – 7:00 PM

Hashtag: #LANDMARKHK

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

About LANDMARK

LANDMARK represents the epitome of top-tier luxury shopping and lifestyle experiences. Drawing from a rich heritage which began in 1904 – LANDMARK today is the luxury shopping destination of Hongkong Land’s Central portfolio including 4 iconic connected buildings, LANDMARK ATRIUM, LANDMARK ALEXANDRA, LANDMARK CHATER and LANDMARK PRINCE’S. LANDMARK offers approximately 208 of the finest stores and restaurants, all seamlessly linked by pedestrian bridges. From high fashion and accessories to watches and jewellery, from luxury living to beauty and grooming, from international cuisine to authentic gourmet dining, LANDMARK brings the ultimate shopping experience to the discerning customer.

About Hongkong Land

Hongkong Land is a major listed property investment, management and development group. The Group focuses on developing, owning and managing ultra-premium mixed-use real estate in Asian gateway cities, featuring Grade A office, luxury retail, residential and hospitality products. Its mixed-use real estate footprint spans more than 850,000 sq. m., with flagship projects in Hong Kong, Singapore and Shanghai. Its properties hold industry leading green building certifications and attract the world’s foremost companies and luxury brands. The Group’s Hong Kong Central portfolio represents some 450,000 sq. m. of prime property. The Group has a further 165,000 sq. m. of prestigious office space in Singapore mainly held through joint ventures and five retail centres on the Chinese mainland, including a luxury retail centre at Wangfujing in Beijing. In Shanghai, the Group owns a 43% interest in a 1.1 million sq. m. mixed-use project in West Bund, which is due to be completed in 2028. Hongkong Land Holdings Limited is incorporated in Bermuda and has a primary listing on the London Stock Exchange, with secondary listings in Bermuda and Singapore. Hongkong Land is a member of the Jardine Matheson Group.

Fortune Announces 2025 Fortune Global 500 List

Walmart is No. 1 for the 12th consecutive year

The U.S. remains in the lead over Greater China with the most companies

33 women CEOs lead Fortune Global 500 companies, setting a new record at 6.6%

The Magnificent Seven posted a record aggregate revenue ($2 trillion) and profits ($484 billion) last year

NEW YORK, July 29, 2025 /PRNewswire/ — Today, Fortune released the 2025 Fortune Global 500(™), the definitive list of the world’s largest corporations ranked by revenue for the 2024 fiscal year.

Walmart earned the top spot on the Fortune Global 500 list for the 12th straight year, followed by Amazon, State Grid, Saudi Aramco, and China National Petroleum. The top 10 Fortune Global 500 companies generated over $370 billion in annual revenue, totaling $4.7 trillion.

Fortune’s authoritative ranking of the current corporate world order showed the dominating presence of U.S. companies (138). The U.S. remains in the lead over Greater China (130 companies, down three from last year). Greater China comprises Mainland China, Hong Kong, Macau, and Taiwan. China (1) and U.S. (8) companies account for 9 of the 10 most profitable Fortune Global 500 companies.

The financial sector continues to dominate the list, with 121 companies at the forefront, followed by energy (79), motor vehicles and parts (35), technology (34), and healthcare (33). Together, these sectors represent 60% of the companies on the list and account for 66% of the total revenue generated.

The Magnificent Seven posted a record aggregate revenue ($2 trillion) and profits ($484 billion) last year. Collectively, Amazon (No. 2), Apple (No. 8), Alphabet (No. 13), Microsoft (No. 22), Meta Platforms (No.41), Nvidia (No. 66), Tesla (No. 106) brought in $484 billion in net income.

THE 2025 FORTUNE GLOBAL 500 TOP 10 LIST:

  1. Walmart (U.S.)
  2. Amazon.com (U.S.)
  3. State Grid (China)
  4. Saudi Aramco (Saudi Arabia)
  5. China National Petroleum (China)
  6. Sinopec (China)
  7. UnitedHealth Group (U.S.)
  8. Apple (U.S.)
  9. CVS Health (U.S.)
  10. Berkshire Hathaway (U.S.)

Companies on the 2025 Fortune Global 500 list generated a record-breaking $41.7 trillion in aggregate revenue (up 1.8% from last year) and employed 70.1 million people worldwide. In 2024, these companies also recorded their second-most profitable year ever, earning a combined $2.98 trillion, a 0.4% increase from the previous year. Saudi Aramco (No. 4) led the pack in profitability once again, netting $105 billion and maintaining its position as the most profitable company on the list for the fourth consecutive year.

The number of women CEOs at Fortune Global 500 companies reached a record high of 33 (6.6%), up five from the previous year. Notable leaders include Fortune’s 2025 Most Powerful Woman, Mary Barra of GM; Gail K. Boudreaux of Elevance Health; Jane Fraser of Citigroup; Sarah M. London of Centene; and Sandy Ran Xu of JD.com. The U.S. leads with 16 companies headed by women CEOs, followed by China with five, France with four, and Brazil and the U.K. with two each.

Fortune Global 500 companies are based in 243 cities across 36 countries and territories worldwide. The top five cities — Beijing, Tokyo, New York, Shanghai, and London serve as home bases to almost one-quarter of the Fortune Global 500 companies. London jumped back into the top five for the first time since 2022.

Nine companies made their debut on the Fortune Global 500 list, including QNB Group (No. 419), Lithia Motors (No. 434), and ICICI Bank (No. 464).

The complete Global 500 appears in the August/September issue of Fortune and is available today here. The full dataset can be purchased here.

“The Fortune Global 500 each year puts on display in one place the fascinating changes and tectonic shifts happening in the global business landscape,” said Fortune CEO Anastasia Nyrkovskaya. “It tells stories about the companies, products, and people that are driving our world forward. We are excited to share this global list, now in its 36th year, with audiences that rely on its authority and credibility.”

In her foreword to the August/September 2025 issue, Alyson Shontell, Fortune’s Editor in Chief and Chief Content Officer, noted, “We have tracked the Fortune 500 and Fortune Global 500—the world’s largest companies by revenue—for decades.” To summarize, she added, “Our latest Global 500, reflecting 2024 performance, marks more than just a ranking. It signals the calm before the storm amid a profound geopolitical shift driven by AI, ongoing conflicts, and tariff uncertainties that is reshaping the landscape for the world’s largest companies.”

Companies are ranked on the Fortune Global 500 by total revenues for their respective fiscal years ending on or before March 31, 2025. All companies on the list must publish financial data and report part or all of their figures to a government agency. The latest figures in the list are as reported by the companies; any comparisons are with the prior year’s figures as originally reported. Fortune does not restate the previous year’s figures for changes in accounting. The full methodology is available here.

About Fortune:
Fortune is a global multi-platform media company built on a legacy of trusted, award-winning reporting and information for those who want to make business better. Independently owned, Fortune tells the stories of the world’s biggest companies and their leaders as well as a new generation of innovators who are moving business forward. Digitally and in print, Fortune measures corporate performance through rigorous benchmarks, and holds companies accountable, in regions around the world. Its iconic rankings include Fortune 500, Fortune Global 500, Most Powerful Women, and World’s Most Admired Companies. Fortune builds world-class communities by convening industry thought leaders for exclusive summits and conferences, including the Fortune Global Forum, Brainstorm Tech, and Fortune Most Powerful Women. For more information, visit fortune.com.

Media Contacts: 

Patrick Reilly
Fortune
Patrick.Reilly@fortune.com 

Chelsea Hudson
Fortune
Chelsea.Hudson@fortune.com

Fapon to Debut Shine mT8000 Open-Access, High Throughput Clinical Chemistry and Immunoassay Analyzer at ADLM 2025

CHICAGO, July 29, 2025 /PRNewswire/ — Fapon, a global leading life sciences company, will debut its Shine mT8000 Fully Automated Clinical Chemistry and Immunoassay System at the ADLM 2025 Annual Scientific Meeting. This launch marks a significant milestone in Fapon’s commitment to building an open, intelligent, and high-efficiency diagnostic ecosystem that helps clinical laboratories to enhance efficiency for clinical chemistry and immunoassays.

The Shine mT8000 system packs powerful performance into a footprint just 5 square meters, combining biochemistry and immunoassay capabilities in one compact, all-in-one platform. With an exceptional throughput density of 735 tests/hour/, the mT8000 is engineered for modern laboratories to maximize output while minimizing space.

Fapon's Shine mT8000 Fully Automated Clinical Chemistry and Immunoassay System
Fapon’s Shine mT8000 Fully Automated Clinical Chemistry and Immunoassay System

Key Features of the Shine mT8000 Include:

  • Ultra-fast Testing Dual Engine: The Shine Mt8000 delivers exceptional throughput with 2,400 tests/hour in biochemistry, 600 tests/hour in electrolytes and 900 tests/hour in immunoassays. It supports full-process testing directly from a whole blood samples. AI- powered centralized software streamlines workflows, shortens turnaround times, and prioritizes emergency and STAT samples with increased precision.
  • Modular Design: Designed for flexibility, the mT8000 supports biochemistry-only, immunoassay- only, or controlled workflows. Optional modules for sample pre-processing and customizable detection speeds permit labs to scale and adapt as needed.
  • Smart Automation and Safety: Built-in AI monitoring ensures accurate sample tracking and error detection. Instrument features such as auto-centrifugation, automated maintenance, and full-blood pre-treatment to minimize manual handling and improved biosafety.
  • Open and Compatible Ecosystem: The platform supports four major chemiluminescence systems AP, AE, HRP, and ABEI- and shared reagents across the Shine series, ensuring seamless integration and maximum adaptability.

With the launch of the Shines mT8000, Fapon continues its mission to deliver open, intelligent, and comprehensive diagnostic solutions. The Shine series now includes a spectrum of CLIA analyzers covering low to ultra-high throughput needs, with over 8,000 units deployed globally

Fapon’s ever expanding portfolio of assays now include over 70 self-developed CLIA reagent assays on track to expand to over 200 alongside compact immunofluorescence platforms for a wide range of clinical testing scenarios. Backed by vertical integration from raw materials to instruments, Fapon ensures reliable performance and rapid deployment.

The CLIA One-Stop Solution provides end-to-end support, including open platform instrument platforms, fast-track reagent development and high-quality raw material supplies – empowering laboratories and the IVD industry to respond faster, smarter and with confidence.

Join Us at ADLM 2025

Fapon Biotech warmly invites all attendees to visit our booth 3816 at ADLM 2025 to witness the official release of the Shine mT8000.

About Fapon
Fapon is a global leading life sciences company dedicated to providing integrated solutions and services for diagnostics, biopharma and biotherapy. Integrating a one-stop solution on raw materials, reagents and innovative open instrument platforms, the Company has grown into a leading supplier in in-vitro diagnostics. Fapon boasts advanced innovations in therapeutics technologies and AI algorithm platforms with data insights that contribute to a better and healthier world. Supported by its strong global R&D, manufacturing, sales and service network, Fapon’s products have established presence in over 70 countries and regions, serving more than 2,500 business partners worldwide.

Follow us on LinkedIn (Fapon) or visit our website https://us.faponbiotech.com 

 

China Automotive Systems to Announce Unaudited 2025 Second Quarter Financial Results on August 13, 2025

WUHAN, China, July 29, 2025 /PRNewswire/ — China Automotive Systems, Inc. (Nasdaq: CAAS) (“CAAS” or the “Company”), a leading power steering components and systems supplier in China, today announced that it will issue unaudited financial results for the second quarter ended June 30, 2025, on Wednesday, August 13, 2025, before the market opens.  Management will conduct a conference call on August 13th at 8:00 A.M. EDT/8:00 P.M. Beijing Time to discuss these results.  A question and answer session will follow management’s presentation.

To participate, please call the following numbers 10 minutes before the call start time and ask to be connected to the “China Automotive Systems” conference call with pin 489385:

Toll Free: 888-506-0062
International: 973-528-0011
China Toll Free: 86 400 120 3199

A replay of the call will be available on the Company’s website in the investor relations section.

About China Automotive Systems, Inc. 

Based in Hubei Province, the People’s Republic of China, China Automotive Systems, Inc. is a leading supplier of power steering components and systems to the Chinese automotive industry, operating through its sixteen Sino-foreign joint ventures and wholly owned subsidiaries. The Company offers a full range of steering system parts for passenger automobiles and commercial vehicles. The Company currently offers four separate series of power steering with an annual production capacity of over 8 million sets of steering gears, columns and steering hoses. Its customer base is comprised of leading auto manufacturers, such as China FAW Group, Corp., Dongfeng Auto Group Co., Ltd., BYD Auto Company Limited, Beiqi Foton Motor Co., Ltd. and Chery Automobile Co., Ltd. in China, and Stellantis N.V. and Ford Motor Company in North America. For more information, please visit: http://www.caasauto.com.

Forward-Looking Statements

This press release contains statements that are “forward-looking statements” as defined under the Private Securities Litigation Reform Act of 1995. Forward-looking statements represent our estimates and assumptions only as of the date of this press release. Our actual results may differ materially from the results described in or anticipated by our forward-looking statements due to certain risks and uncertainties. As a result, the Company’s actual results could differ materially from those contained in these forward-looking statements due to a number of factors, including those described under the heading “Risk Factors” in the Company’s Annual Report on Form 10-K as filed with the Securities and Exchange Commission on March 28, 2025, and in documents subsequently filed by the Company from time to time with the Securities and Exchange Commission. Any of these factors and other factors beyond our control, could have an adverse effect on the overall business environment, cause uncertainties in the regions where we conduct business, cause our business to suffer in ways that we cannot predict, and materially and adversely impact our business, financial condition and results of operations. A prolonged disruption or any further unforeseen delay in our operations of the manufacturing, delivery and assembly process within any of our production facilities could continue to result in delays in the shipment of products to our customers, increased costs and reduced revenue. We expressly disclaim any duty to provide updates to any forward-looking statements made in this press release, whether as a result of new information, future events or otherwise.

For further information, please contact:

Jie Li
Chief Financial Officer
China Automotive Systems, Inc.
jieli@chl.com.cn 

Kevin Theiss
Awaken Advisors
+1-212-521-4050
Kevin@awakenlab.com

ChipMOS SCHEDULES SECOND QUARTER 2025 FINANCIAL RESULTS CONFERENCE CALL

HSINCHU, July 29, 2025 /PRNewswire-FirstCall/ — ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS), an industry leading provider of outsourced semiconductor assembly and test services (“OSAT”), today announced that it will report second quarter 2025 results and host a conference call after the close of trading on the Taiwan Stock Exchange on Tuesday, August 12, 2025.

Investors and analysts are encouraged to participate using the dial-in phone number noted below. A webcast and replay will be available on the Company’s website.

Date: Tuesday, August 12, 2025
Time: 3:00PM Taiwan (3:00AM New York)
Dial-In: +886-2-3396 1191
Password: 3300012 #

Webcast and Replay: https://www.chipmos.com/chinese/ir/info2.aspx
Replay: Starts Approximately 2 hours after the live call ends

Language: Mandarin

Note: A transcript will be provided on the Company’s website in English following the conference call to help ensure transparency, and to facilitate a better understanding of the Company’s financial results and operating environment.

About ChipMOS TECHNOLOGIES INC.:

ChipMOS TECHNOLOGIES INC. (“ChipMOS” or the “Company”) (Taiwan Stock Exchange: 8150 and Nasdaq: IMOS) (www.chipmos.com) is an industry leading provider of outsourced semiconductor assembly and test services. With advanced facilities in Hsinchu Science Park, Hsinchu Industrial Park and Southern Taiwan Science Park in Taiwan, ChipMOS is known for its track record of excellence and history of innovation. The Company provides end-to-end assembly and test services to leading fabless semiconductor companies, integrated device manufacturers and independent semiconductor foundries serving virtually all end markets worldwide.

Forward-Looking Statements:

This press release may contain certain forward-looking statements. These forward-looking statements may be identified by words such as ‘believes,’ ‘expects,’ ‘anticipates,’ ‘projects,’ ‘intends,’ ‘should,’ ‘seeks,’ ‘estimates,’ ‘future’ or similar expressions or by discussion of, among other things, strategies, goals, plans or intentions. These statements may include financial projections and estimates and their underlying assumptions, statements regarding tariffs and the imposition of potential new tariffs that affect our products or operations, government policies, global trade environments, pricing, plans, objectives and expectations with respect to future operations, products and services, and statements regarding future performance. Actual results may differ materially in the future from those reflected in forward-looking statements contained in this document, due to various factors. Further information regarding these risks, uncertainties and other factors are included in the Company’s most recent Annual Report on Form 20-F filed with the U.S. Securities and Exchange Commission (the “SEC”) and in the Company’s other filings with the SEC. 

Contacts:

In Taiwan

Jesse Huang

ChipMOS TECHNOLOGIES INC.

+886-6-5052388 ext. 7715

IR@chipmos.com

In the U.S.

David Pasquale

Global IR Partners

+1-914-337-8801

dpasquale@globalirpartners.com

 

SY Holdings Establishes Singapore International Headquarters to Explore Web3.0 Ecosystem and Innovative Applications of Stablecoins

SHENZHEN, CHINA – EQS Newswire – 29 July 2025 – SY Holdings Group Limited (“SY Holdings” or the “Group,” stock code: 6069.HK), an “AI + industrial supply chains” digital intelligence technology company, announced the official designation of its Singapore subsidiary, SY INTELLECTHUB PTE.LTD., as its international headquarters. SY Holdings will continue to intensify its efforts in expanding international markets. The Singapore International Headquarters will deepen global industrial supply chain connectivity, explore innovative applications of Web3.0 and stablecoins, support small and medium-sized enterprises (SMEs) in going global, and provide them with one-stop international order matching and working capital facilitation services.

Against the backdrop of an increasingly complex and volatile international macro-environment, the global supply chain ecosystem is undergoing profound adjustments, with traditional supply chain decoupling points becoming increasingly unbalanced. Cross-border payment processes are lengthy; exchange rate fluctuations are severe; and compliance reviews are cumbersome—these overlapping factors have significantly increased logistics and capital costs, prolonging overall delivery cycles. SY Holdings aims to become an integral part of the supply chain, using its Singapore International Headquarters as a core hub to actively explore cutting-edge technologies such as Web3.0 and stablecoins. This will better assist SMEs in finding orders, securing financing, and fulfilling contracts, thereby building a one-stop international supply chain technology platform to enhance global supply chain resilience and sustainable growth.

With the reshaping of global value chains and the upgrading of China’s supply chains, going global has become an essential path for Chinese enterprises and brands to grow stronger. Singapore, as a global financial, trade, and shipping hub, boasts a well-developed financial system, a strategic geographical location, and an extensive business network, making it the preferred destination for Chinese companies looking to expand into Southeast Asia and beyond. As an international enterprise controlled by Singaporean capital, SY Holdings also received strategic investment from Temasek, Singapore’s sovereign wealth fund, in 2018. Through strategic partnerships and investments with leading enterprises in Singapore, the Philippines, Indonesia, and other countries, the Company has actively explored and expanded its international business. Simultaneously, SY Holdings has been deeply involved in commercial cooperation projects between China and Singapore, including the China-Singapore (Chongqing) Demonstration Initiative on Strategic Connectivity. The establishment of its Singapore subsidiary as the international headquarters marks a new phase for SY Holdings in pioneering international innovation, connecting global markets, and supporting SME development, while laying the groundwork for embracing the Web3.0 ecosystem and exploring stablecoin applications in international supply chains and cross-border payments.

In 2024, China’s foreign trade exceeded RMB 43 trillion for the first time, maintaining its position as the world’s largest goods trading nation for the eighth consecutive year. The “Chinese Enterprises Going Global Insights and Global Trends Outlook Report” released by Shine Global noted that over 700,000 enterprises are currently attempting or planning to expand overseas. Among them, 55% of surveyed companies have incorporated global expansion into their strategic plans, while 31% consider it a core strategy. The “Chinese Enterprises’ Outbound Investment Status and Intentions Survey Report” by the China Council for the Promotion of International Trade further revealed that over 80% of respondents plan to expand or maintain their foreign investments. However, market access barriers, channel connectivity challenges, capital turnover efficiency, exchange rate volatility risks, and the complexity of cross-border payment settlements remain major bottlenecks hindering the globalization of Chinese enterprises.

Since entering the Chinese market, SY Holdings has not only deepened its presence in traditional sectors such as infrastructure, pharmaceutical and healthcare, and commodities but has also actively expanded into strategic emerging industries like e-commerce, robotics, and AI applications. Adhering to a platform-based development strategy, the Company leverages technologies such as AI Agent to connect industrial ecosystems and data elements, having assisted over 19,000 Chinese SMEs in securing more than RMB 270 billion in order matching and capital turnover services. Based on its deep integration with China’s industrial ecosystem, SY Holdings has keenly identified the growing global expansion demands of Chinese SMEs and the vast market potential behind them, swiftly establishing this as a new growth driver for its international business. For example, in e-commerce, SY Holdings has formed strategic partnerships with leading Southeast Asian e-commerce platforms. Leveraging its accumulated international market resources, the Company provides one-stop international supply chain solutions for Chinese SMEs to “sell globally and open stores worldwide.” Through AI and big data analytics, SY Holdings assists Chinese merchants in accurately identifying potential market opportunities in Southeast Asia, offering tailored localization strategies and matching working capital based on transaction orders to help them generate greater revenue in international markets.

Chinese SMEs commonly face pain points in cross-border payment settlements during globalization. Under traditional cross-border payment models, transactions must undergo multi-tiered correspondent bank clearing and settlement, with identity verification and compliance reviews required at each step. The process is cumbersome and time-consuming, failing to meet the timeliness demands of trade in the digital era. Additionally, layered fees—including handling charges, exchange fees, and service fees—significantly increase trade costs. According to World Bank statistics, as of Q3 2024, the average global remittance fee was 6.62% of the transaction amount, with settlement times ranging from 1 to 5 business days. In contrast, stablecoins, as emerging payment and settlement tools pegged to fiat currencies, enable peer-to-peer transfers via blockchain technology, achieving instant “payment-as-settlement” clearing while reducing costs to as low as 0.1%. Notably, stablecoins inherently offer exchange rate hedging, effectively mitigating currency volatility risks in cross-border trade. SY Holdings plans to explore innovative applications of stablecoins in international supply chain capital turnover services to enhance efficiency, reduce cross-border payment costs, and hedge against exchange rate risks, thereby delivering a “more, faster, better, and cheaper” customer experience.

SY Holdings stated: “Singapore is a critical hub connecting China and the world. Establishing our international headquarters in the Lion City is not only due to its unparalleled geographical advantages but also its mature tech ecosystem and pro-globalization ethos. As a top-tier global financial center, Singapore boasts robust financial infrastructure and a strong regulatory framework. Building on these regulatory advantages, Singapore has become a hotbed for the thriving Web3.0 ecosystem in Asia and beyond. Previously, the Monetary Authority of Singapore (MAS) introduced a stablecoin regulatory framework, making it one of the first jurisdictions globally to incorporate stablecoins into local oversight. Moving forward, SY Holdings will use Singapore as a springboard for international expansion while actively exploring full integration into the Web3.0 industrial ecosystem. We aim to innovatively merge stablecoins, real-world asset tokenization (RWA), and traditional supply chain assets to ‘build bridges and pave the way’ for Chinese SMEs’ global expansion, helping them better integrate into global industrial supply chains through ‘order and capital matching’ services.”

Hashtag: #SYHoldings

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

Cyberport Leads Nine Start-ups to Join WAIC 2025

Project from the Artificial Intelligence Subsidy Scheme Shortlisted for Top 30 of the SAIL Award


HONG KONG SAR – Media OutReach Newswire – 29 July 2025 – World Artificial Intelligence Conference 2025 and High-level Conference on Global Governance of Artificial Intelligence” (WAIC 2025) held in Shanghai has successfully concluded. This year, Cyberport led nine community members to participate in the event, among which three start-ups: Canpanion, Votee AI and YouToo Robot, were recognised for their exceptional innovation and successfully selected as the “WAIC 2025 Future Tech”. Additionally, one of the approved projects under the Artificial Intelligence Subsidy Scheme (AISS), which is led by the Hong Kong Polytechnic University (PolyU), along with projects from three leading AI enterprises at Cyberport, including iFlytek, and Baidu Apollo, were shortlisted for the Top 30 of the “Super AI Leader Award” (SAIL Award). Notably, the joint innovative project by Biren Technology won the SAIL Award this year. These achievements highlight Hong Kong’s competitiveness in the field of AI and its contributions to promoting high-quality development both locally and nationally.

Cyberport led nine community members to participate in WAIC 2025.
Cyberport led nine community members to participate in WAIC 2025.

WAIC 2025 centred around the theme of “Global Solidarity in the AI Era”. The conference brought together global experts, scholars, entrepreneurs, government officials, international organisations, and investors, creating a platform for collaboration and showcasing cutting-edge AI solutions. This year, Cyberport again led start-ups to participate in the “Hong Kong Pavilion” established by the Hong Kong Trade Development Council (HKTDC), showcasing Hong Kong’s AI innovations to global audiences. The exhibits include a wide range of innovative applications, such as AI education platforms, fall risk management systems, smart training systems, smart city applications, and AI content generation platforms, fully demonstrating Hong Kong’s strength in the Innovation and Technology (I&T) sector. (For details of the participating start-ups, please refer to the appendix.)

At the opening ceremony, Premier Li Qiang of the State Council presented three suggestions for advancing AI development and global governance: promoting the dissemination and application of outcomes; strengthening cooperation in innovation and open-source initiatives; and building a secure and trustworthy global governance framework.

As Hong Kong’s AI accelerator, Cyberport is advancing several key initiatives in related fields. Through the AISS, Cyberport promotes the transformation of local research and development (R&D) and application projects, fostering the realisation of AI outcomes. In promoting open-source cooperation, the “Cyberport Open Source Community” was established in June this year to provide computing power through Cyberport’s Artificial Intelligence Supercomputing Centre (AISC), supporting open-source technology testing and application. Furthermore, in building a governance system, Cyberport has partnered with various sectors, including the international organisation World Digital Technology Academy (WDTA), to establish the “WDTA Asia-Pacific Institute” at Cyberport, promoting regional governance standards and global cooperation, thereby contributing to the creating of a safe, trustworthy, and responsible AI ecosystem and demonstrating Hong Kong’s proactive role in global AI development.

Rocky Cheng, CEO of Cyberport, stated “AI is rapidly becoming a key driver of new quality productive forces. As Hong Kong’s digital technology hub and AI accelerator, Cyberport is proud to lead nine outstanding community members to this year’s WAIC, three of whom have been selected for the ‘WAIC 2025 Future Tech’. Additionally, one of the use cases from the ‘Artificial Intelligence Subsidy Scheme’ has been shortlisted for the Top 30 of the prestigious SAIL Award, showcasing innovative application solutions to the world and highlighting Hong Kong’s technological capabilities. Cyberport and our community members will continue to leverage our strengths in line with the development strategies of the HKSAR Government and the nation, focusing on research and development and transformative real-world applications in areas such as AI, green technology and Fintech. We will keep welcoming key enterprises from various tech sectors and promoting digital transformation for both society and businesses, contributing innovative power and economic value to the technological innovation and high-quality development of Hong Kong and beyond.”

To foster innovation, this year’s “Future Tech Innovation Incubation Exhibition Special Zone” featured some of the world’s most promising AI start-ups, including three Cyberport start-ups: Canpanion, which develops AI-driven education and psychology ecosystems; Votee AI, focusing on AIGC technology for governments and enterprises; and YouToo Robot, specialising in industrial AI operation and maintenance. They were selected as “WAIC 2025 Future Tech” in recognition of their forward-looking solutions, growth potential, and commercial value; notably, Votee AI and YouToo Robot have been recognised as “Future Tech” for the second consecutive year. Moreover, other start-ups including FireAlert, LAiPIC, Laiye, Lidarvision, RealAI, and HK Simfinity showcased their AI applications at the event, allowing attendees from around the world to experience Hong Kong’s I&T scene.

Additionally, one of the approved projects under the AISS, titled “Enhancing Edge-based Foundation Models for Advanced Reasoning”, developed by PolyU, along with projects from strategic enterprises at Cyberport, including iFLYTEK’s “AI Learning Tablet: A Personalised Learning Device Empowered by Spark Large Model”, and Apollo Go‘s “Autonomous Ride-hailing Platform”, were shortlisted for the Top 30 of the SAIL Award. Biren Technology‘s joint project on the “Distributed OCS All-Optical Interconnection Chips and Super-node Application Innovation Solution” won the SAIL Award, the highest honour at WAIC. This award aims to identify globally recognised AI projects that significantly enhance human well-being, thereby encouraging technological breakthroughs, application innovations and governance explorations.

During the conference, Cyberport also co-organised a forum entitled “The Bay Area Hub in the Age of AI: Hong Kong’s New Vision for the Smart Economy” with the HKTDC and the Hong Kong Science and Technology Parks (HKSTP) to explore Hong Kong’s strategic positioning in the development of the smart economy. The forum features speakers from leading technology enterprise including Chairman of Suanova Technology Douglas Fang, Prof Guo Yike, Provost of the Hong Kong University of Science and Technology (HKUST) and Director of HKGAI, and Prof Yang Hongxia, Executive Director of the PolyU Academy for Artificial Intelligence, Associate Dean (Global Engagement) of Faculty of Computer and Mathematical Sciences, who shared insights on the application and future development of AI technology.

Additionally, a panel discussion, moderated by Dr Crystal Fok, Director of AI Applications at Cyberport, included Hendrick Sin, Chairperson of the Committee of the AISS, Alvin Li, Head of Supervisory Technology at the Hong Kong Monetary Authority (HKMA), Liu Hui, General Manager of Hong Kong Inspur Cloud Company, and Guanchun Wang, Chairman of Laiye Technology to discuss how Hong Kong can leverage its international advantages to foster cross-regional cooperation, exploring aspects such as government funding, financial regulation, enterprise settlement, and the international expansion of start-ups.

With the AISC, the largest in Hong Kong, commencing operation in December last year, Cyberport actively promotes the local R&D and applications, with the AISC and AI Lab as the core engines to achieve more scientific research breakthroughs. This year, its computing power will gradually increase to 3,000 PFLOPS to meet the industry’s growing demand for R&D. Cyberport also collaborates with over 400 AI and data science start-ups and works with local colleges, R&D institutions and enterprises to fully utilise the computing resources of the AISC to promote AI technology and R&D, empowering digital and intelligent transformation of industries, promoting the digital economy and AI development, and supporting Hong Kong in realising its vision of becoming an international AI and I&T hub.

Appendix I – Cyberport start-ups participating in the World Artificial Intelligence Conference (WAIC) 2025 (in alphabetical order):

Company Name Description

Canpanion Group Limited Canpanion is crafting the best internationally recognised psychological and educational AI expert for Asian, built on high-quality international standards and integrated with local data and best practices, empowering game changers of tomorrow. It has built an AI education ecosystem and developed an AI-powered assessment and training system, a data analysis platform, AI campus assistants, AI professional teachers and intelligent robots. It has established partnerships with more than 100 organisations and stakeholders from various sectors, including the Hong Kong Digital Policy Office, the Hong Kong University of Education, Zhejiang University, Nantong Psychology Association, Cyberport and City University of Hong Kong.
FireAlert FireAlert is a leading AI solutions provider in Hong Kong, specialising in Retrieval-augmented generation (RAG), Inference AI and Agentic AI technologies. FireAlert provides secure, reliable and locally deployed solutions that combine a dynamic knowledge base with multimodal interaction capabilities to empower organisations to achieve data-driven decision making.
LAiPIC AI Technology Company Limited LAiPIC.AI is a Chinese AIGC enterprise awarded the national-level “Little Giant” title for specialization, refinement, distinctive features and innovation. Since its establishment on July 30, 2015, it has launched products such as AI animation generation (Doratoon), AI interactive agent (Vinabot), and AI multilingual barrier-free simultaneous interpretation (InnAIO). It has served over 30 million users worldwide, covering more than 180 countries and regions, with branches in Hong Kong, Tokyo, Singapore, Dubai, Los Angeles, Paris and other locations, and has always been committed to realizing the next-generation interaction methods for global users through AI.

Laiye Technology HK Limited With the vision of Building AI Agents for Everyone, Laiye Technology is a leading enterprise in the field of global intelligent automation, and a National-Level Specialised and Innovative “Little Giant” Enterprise. Their solutions cover the core scenarios of finance, human resources, customer service, marketing, sales, production and supply chain from simple tasks to complex processes, and through end-to-end intelligent automation, the company are able to reconstruct the human-machine collaboration model, achieve cost reduction and increase efficiency, and unleash the potential of organisational innovation. The company serves more than 3,000 clients, including 300 Fortune 500 companies.
Lidarvision Limited Founded in 2021, Lidarvision is focused on providing standardised, fall detection AI systems based on 3D LiDAR technology while maintaining strict user privacy and security. The company’s vision is to be able to quickly detect falls in indoor environments and notify caregivers at the earliest opportunity. Leveraging its extensive experience in AI and 3D LiDAR technologies, Lidarvision is committed to improving the quality, performance and execution of its software with the goal of outperforming its competitors on all fronts.
RealAI Technology HK Limited RealAI was established in July 2018 with the support of Tsinghua University’s Institute for AI Industry Research. It focuses on AI safety and large model applications, building trustworthy, reliable and expandable third-generation AI. It strives to achieve commercialization in the fields of government, finance, education, and security by building large model safety and AI forgery content detection platforms, empowering the new quality of productive forces.
HK Simfinity Holdings Limited HK Simfinity specialises in AI+XR+IoT intelligent training solutions. Its SimCloud platform seamlessly integrates large-scale AI models, virtual reality and IoT technologies to provide immersive training systems for high-growth industries such as healthcare and aviation. The company has collaborated with the Faculty of Medicine of the Chinese University of Hong Kong, Sinopec, Red Cross, and Cathay Pacific. It is also an ecosystem partner for the deployment and testing of the Amazon Cloud Deepseek project, and maintains a strategic partnership with Qualcomm.

Votee AI Limited Based in Hong Kong, Votee AI is an innovative company focusing on AIGC technology for government and enterprise, dedicated to providing cutting-edge AI solutions to solve real business challenges, enhance operational efficiency, and create greater value. Leveraging deep local market presence and insights gained over years, we possess a profound understanding of the unique needs of Hong Kong’s government, enterprises, and users. Through our proprietary Cantonese Large Language Model (LLM), multi-dialect support capabilities, and secure on-premises AI Agent platform, we deliver AI solutions that are precisely tailored to meet local market demands.
YouToo Robot (HK) Limited YouToo Robot is an innovative enterprise focusing on industrial AI, with a core team from The Chinese University of Hong Kong with rich experience in industrial automation and entrepreneurship. The company uses its self-developed industrial vertical AI model to enter the manufacturing industry’s digitalization scene, and builds NexFactory, a sustainable learning intelligent operation and maintenance product, which solves the problems of equipment troubleshooting and knowledge transfer. NexFactory has been recognised as one of the “Top 100 Industrial APPs” by the Ministry of Industry and Information Technology of the People’s Republic of China (MIIT), selected for the Hong Kong Cyberport Incubation Program, and invested by TusStar and SF Capital.

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About Hong Kong Cyberport

Wholly owned by the Hong Kong Special Administrative Region (HKSAR) Government, Cyberport is Hong Kong’s digital tech hub and AI accelerator, with a vision to empower industry digitalisation and intelligent transformation, to promote digital economy and AI development, and to foster Hong Kong to be an international AI, innovation and technology (I&T) hub. Cyberport gathers over 2,200 companies, including 5 listed companies and 7 unicorns. One-third of onsite companies’ founders come from 26 countries and regions, while Cyberport companies have expanded to over 35 global markets.

Cyberport, with Hong Kong’s largest AI Supercomputing Centre and AI Lab as the engine, has been building the AI ecosystem with industry-leading AI companies and over 350 AI and data science start-ups. Through development of tech clusters, namely AI, data science, blockchain and cybersecurity, Cyberport empowers industries across smart city and government, banking and finance, digital entertainment, culture and tourism, healthcare, education and training, property management, construction, transportation and logistics, green environment and more, while hosting Hong Kong’s largest FinTech community. Commissioned by the HKSAR Government, Cyberport has implemented proof-of-concept and sandbox schemes, subsidisation for digital tech adoption, industry tech training and start-up incubation, to drive technology R&D, translation and commercialisation, thus propelling digital transformation and intelligent upgrade across industry and society.

Also as Hong Kong’s key incubator, Cyberport supports entrepreneurs with funding and office space, extensive networks of enterprises, investors, technology corporations and professional services for business growth and expansion to Mainland China and overseas markets, all-round facilitation for landing in Hong Kong, talent attraction and cultivation, ready as a launchpad to take start-ups in any stages of development to the next level.

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