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PAObank Shared in World Internet Conference Asia-Pacific Summit in Hong Kong

Insights on the Potential of Commercial Data: A Path to Enhanced Financing Efficiency and Financial Inclusion


HONG KONG SAR – Media OutReach Newswire – 15 April 2025 – ​The World Internet Conference Asia-Pacific Summit 2025 held for the first time in Hong Kong. PAO Bank Limited (“PAObank”) has been invited to participate in the World Internet Conference Asia-Pacific Summit 2025, held for the first time in Hong Kong. As the only Hong Kong digital bank invited, PAObank engaged in discussions with international industry leaders and experts on unlocking the potential of commercial data. Leveraging its own experiences, PAObank analyses the adopting level of digital and intelligent technologies in financial sector, with the aim of advancing financial inclusion.

The World Internet Conference Asia-Pacific Summit, a flagship event of the innovation and technology sector, was held for two days in Hong Kong under the theme of “Integration of AI and Digital Technologies Shaping the Future – Jointly Building a Community with a Shared Future in Cyberspace”. The Summit brought together around 1,000 participants from the Mainland and overseas, including government representatives, business leaders, expert and scholars. It serves as a platform to provide new impetus for exploring the potential of digital technology and fostering the growth of the digital economy across the Asia-Pacific region.

PAObank, as the first digital bank to participate in the Commercial Data Interchange initiative, stands out in leveraging alternative data to streamline financing processes. PAObank was invited to sub-forum on the second day of the Summit, titled “Digital Finance Forum: Inclusive Finance Empowered by Digital Intelligence”, where it shared insights on fintech applications and the breakthroughs of cross-sector data interchange.

Mr. Ambrose Wong, Chief Executive cum Chief Risk Officer of PAObank shared, “PAObank has been dedicated to addressing the banking services gaps for SMEs since its inception. By leveraging financial technology and alternative data, we have streamlined the loan application and approval process, empowering SMEs with tailored financing services. Over the past five years, our deep exploration and application of commercial data have benefited lots of SME customers. In fact, amongst the approved loan cases of PAObank, about 25%[1] of SMEs obtained bank loans for the first time from PAObank, and around 8.2%[2] of startups received unsecured loan, reflecting PAObank’s commitment to empowering SMEs to navigate their business upgrade and transformation journeys by leveraging financial technology.

PAObank is also strategically focusing on the Greater Bay Area, a region with immense development potential. The area is witnessing an influx of SMEs and a surge in economic vitality, leading to an increased demand for capital among SMEs. As a subsidiary of Lufax Holding Limited (“Lufax”) (06623.HK, NYSE LU), PAObank aligns closely with Lufax’s vision to leverage finance technology to advance financial inclusion in the Greater Bay Area. This synergy will support PAObank in developing cutting-edge digital banking services. PAObank will proactively explore relevant banking services and harness the role of Hong Kong as a ‘super-connector’ to support SMEs venturing into the Greater Bay Area and overseas markets, empowering them to tackle future challenges with confidence.”

Recognised as the “best partner” for SMEs, PAObank deeply understands SMEs are the cornerstone of the economy. By leveraging financial technology and commercial data, PAObank designs targeted loan services tailored to the specific operational models of various industries. These include the “Cross-border e-Commerce Revolving Loan”[3] launched this year, designed to help SME expand their e-commerce business presence. By analysing the real-time data from e-commerce platform, such as sales volume, inventory and refund rates, PAObank gains a comprehensive insight into SMEs’ business dynamics, which helps streamline the credit assessment process through big data analysis. Based upon the loan approval process, SMEs can secure funding as quick as one week[4] without providing any financial statements. This can promptly meet SME’s funding needs while assisting them in exploring new business prospects.

Looking ahead, PAObank will continue to leverage commercial data to facilitate the development of digital banking ecosystem by forging more partnership and introducing more SME banking services. With continued efforts in the development of financial technology, PAObank will bring more diverse financing services to individual and SME customers, fulfilling its commitment to financial inclusion.


[1] As at 31 December 2024, about 25% of SMEs received their first bank loan amongst the approved loan cases of PAObank.
[2] As at 31 December 2024, around 8.2% of SMEs were start-ups operating for less than 3 years amongst the approved loan cases of PAObank.
[3] This loan product is only eligible to companies registered in Hong Kong. Reminder: To borrow or not to borrow? Borrow only if you can repay! Terms & Conditions apply. Please refer to PAObank website or call customer services hotline 3762 9900 for details
[4] Upon submission of loan application, the specific disbursement time is subject to the completion of documents to be provided and signed.

Hashtag: #PAObank #WIC

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

PAO Bank Limited

PAO Bank Limited (“PAObank”), a wholly-owned subsidiary of Lufax Holding Ltd (“Lufax”) (SEHK: 6623; NYSE: LU) and a member of Ping An Insurance (Group) Company of China, Ltd. (“Ping An”) (SEHK: 2318; SSE: 601318), is committed to fostering financial inclusion and establishing a digital banking ecosystem by leveraging its extensive experience in SME banking services and its leading financial technology advantages. PAObank was granted a banking licence by the Hong Kong Monetary Authority in May 2019 to offer banking services via digital channels. PAObank is expanding diverse business segments including retail banking and SME banking.

Weibo Files its Annual Report on Form 20-F

BEIJING, April 15, 2025 /PRNewswire/ — Weibo Corporation (the “Weibo” or “Company”) (Nasdaq: WB and HKEX: 9898), a leading social media platform in China, today announced that it filed its annual report on Form 20-F for the fiscal year ended December 31, 2024 with the U.S. Securities and Exchange Commission on April 15, 2025. The annual report can be accessed on Weibo’s investor relations website at http://ir.weibo.com. The Company will provide a hard copy of its annual report containing the audited consolidated financial statements, free of charge, to its shareholders and ADS holders upon request. Requests should be directed to Investor Relations, Weibo Corporation, No.8 SINA Plaza, Courtyard 10, XiBeiWang, Haidian District, Beijing 100193, China.

About Weibo

Weibo is a leading social media for people to create, share and discover content online. Weibo combines the means of public self-expression in real time with a powerful platform for social interaction, content aggregation and content distribution. Any user can create and post a feed and attach multi-media and long-form content. User relationships on Weibo may be asymmetric; any user can follow any other user and add comments to a feed while reposting. This simple, asymmetric and distributed nature of Weibo allows an original feed to become a live viral conversation stream.

Weibo enables its advertising and marketing customers to promote their brands, products and services to users. Weibo offers a wide range of advertising and marketing solutions to companies of all sizes. Weibo generates a substantial majority of its revenues from the sale of advertising and marketing services, including the sale of social display advertisement and promoted marketing offerings. Weibo displays content in a simple information feed format and offers native advertisement that conform to the information feed on our platform. We are continuously refining our social interest graph recommendation engine, which enables our customers to perform people marketing and target audiences based on user demographics, social relationships, interests and behaviors, to achieve greater relevance, engagement and marketing effectiveness.

Contacts
Investors Relations
Weibo Corporation
Tel: +86-10-5898-3336
Email: ir@staff.weibo.com

Intrepid Metals Identifies Several New Porphyry Copper-Gold Targets at Corral Copper

Vancouver, British Columbia – Newsfile Corp. – April 15, 2025 – Intrepid Metals Corp. (TSXV: INTR) (OTCQB: IMTCF) (“Intrepid” or the “Company”) is pleased to announce that several new porphyry copper-gold targets have been identified on the Corral Copper Property (“Corral” or the “Property”), located in Cochise County, part of the prolific Turquoise District of southeastern Arizona. Corral is geologically analogous to the prolific Bisbee Camp (located ~100km southeast) where high-grade copper-gold Carbonate Replacement Deposits (“CRD”) (e.g., Copper Queen; 53Mt @ 6% Copper1) are spatially associated with Jurassic porphyry copper-gold porphyry deposits (Lavender Pit; 223 Mt @ 0.63% Copper past production2). Although there is porphyry style alteration and mineralization at Corral, a systematic porphyry exploration campaign for the district has not been previously completed.

“The Corral Copper District hosts widespread carbonate replacement copper-gold-silver mineralization, which represents the distal expression of a potential copper porphyry deposit,” stated Ken Engquist, CEO of Intrepid. “Aspects of the CRD mineralization intersected during the 2024 drill program at Corral confirmed our assertion that there is porphyry copper potential at the Property. The drill core demonstrates key geological features consistent with the transition from lower temperature CRD mineralization to higher temperature skarn mineral assemblages, as well as mineralized vein styles that form in or near the porphyry environment.”

The Corral Copper Project is centered on 3 northwest trending CRD style copper-gold-silver prospects including Ringo, Earp and Holliday (Figure 1). At Bisbee, deposits formed in the same host rocks (Abrigo Limestone) and similar age and composition intrusions ~100 kilometers southeast of Corral and include the Copper Queen CRD (53 Mt @ 6% Copper1) and the associated Lavender porphyry copper deposit that contains 223 Mt @ 0.63% Cu2. Since CRD style copper-gold-silver mineralization can occur peripheral to a copper-gold porphyry deposit, Intrepid has, for the first time in the Property’s history, conducted a systematic targeting exercise to identify porphyry zones in a highly prospective exploration district with intensely altered and copper-gold mineralized host rocks.

The Company cautions that discoveries or mineralization on analogous properties (e.g. Bisbee Camp, Copper Queen, Lavender Pit) may not necessarily be indicative to the presence of mineralization on the Corral Property.

New Porphyry Copper-Gold Targets

The highly successful 2024 drill program at Corral provided Intrepid the first opportunity to evaluate host rocks, alteration and mineralization styles and intensities in all of the Holliday, Earp and Ringo zones (see Intrepid News Release dated July 9, 2024; Figure 1). The Ringo Zone is best understood and is significant because it contains a near-surface supergene enrichment blanket, disseminated intrusion hosted copper-gold-sliver mineralization in the Copper Bell Porphyry, as well as CRD style mineralization hosted in the Cambrian Abrigo and Mississippian Escabrosa formation limestones. Mineralization styles include multiple high-grade lenses of massive sulphide, copper-bearing hydrothermal breccias in addition to mineral assemblages transitional to higher temperature skarn and vein features with associated potassic alteration consistent with porphyry copper-gold deposits (porphyry B-Veins; see Figures 2A-F).

The Corral Copper Project contains numerous examples of superposed argillic, quartz-sericite-pyrite and locally higher temperature potassic alteration in intrusions which indicates proximity to porphyry copper-gold mineralization (Figures 1 and 2). Intrepid has conducted systematic exploration targeting leveraging geological mapping and geochemical sampling, WorldView3 short wave infrared surface alteration studies and ZTEM, VTEM, radiometric and magnetic airborne geophysics to identify positions on the property with porphyry copper-gold potential. Intrepid has prioritized target areas with porphyry-style surface expressions defined by multiple datasets that exceed 1 x 1 kilometers with demonstrable depth continuity. Intrepid is currently conducting field mapping and sampling to strengthen confidence in the porphyry targets with the ultimate objective of advancing them to the drill stage.

Targets are associated with surface alteration (mapping and/or WorldView3 anomalies), large, deep ZTEM resistivity/conductivity and magnetic geophysical features. The highest priority targets are directly associated with copper-gold mineralization at surface (Figure 1).

Figure 1. Porphyry Copper-Gold Targets at Corral Copper showing examples of targeting data including surface geology, World View 3 quartz-sericite-pyrite alteration (surface) and ZTEM airborne geophysical resistivity features (-500m depth slice).

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6187/248446_10876cdee4841869_001full.jpg

Figure 2. Veins and textures from Ringo that are considered either transitional to or indicative of porphyry mineralization including 1A-1C grey to glassy quartz only or quartz+pyrite veins, either massive or with discernible centerlines; 1D Vuggy silica, druses and clay alteration that is cut by pyrite and chalcopyrite consistent with the shallow porphyry environment; 1E Chalcopyrite replacing Gusano texture (lower argillic alteration zone); 1F Stained slab showing potassium feldspar alteration (stains yellow) demonstrating quartz-sericite veins that cut higher temperature potassic alteration. Lower temperature porphyry style alteration (quartz-sericite-pyrite) superimposed on higher temperature (potassic) alteration is called “telescoping” which is a feature of high-grade systems where mineralization is enhanced when two Cu systems are superimposed.

To view an enhanced version of this graphic, please visit:
https://images.newsfilecorp.com/files/6187/248446_10876cdee4841869_002full.jpg

On July 9, 2024, Intrepid announced the final results from its initial drill program at Corral, igniting substantial interest in the Property. The program delivered high-grade intercepts, particularly from the Ringo Zone:

112.95 meters (“m”) of 1.50% Copper (“Cu”), 0.53 grams per ton (“gpt”) Gold (“Au”) and 8.22 gpt Silver (“Ag”) (1.66% Copper Equivalent (“CuEq”)3) from 68.40 to 181.35m in Hole CC24_023 including,

  • 63.40m of 2.57% Cu, 0.91 gpt Au and 14.14 gpt Ag (2.83% CuEq3)
  • 1.40m of 20.20% Cu, 8.51 gpt Au and 250.00 gpt Ag (23.85% CuEq3).

193.15m of 0.68% Cu and 0.33 gpt Au (0.83% CuEq3 from 27.00 to 220.15m in Hole CC24_011 including,

  • 48.85m of 2.24% Cu and 0.97 gpt Au (2.58% CuEq3) and
  • 3.90m of 6.80% Cu and 1.02 gpt Au (6.54% CuEq3).

The Company’s initial drill results highlight the Property’s significant potential to host significant intervals of copper-gold-silver-zinc mineralization. Please refer to the news release dated July 9, 2024 entitled “Intrepid Metals Drills 20.20% Cu, 8.51 gpt Au and 250.00 gpt Ag (23.85% CuEq) at its Corral Copper Property in Arizona,” which is filed on SEDAR+ at www.sedarplus.ca for additional information regarding these drill results.

Additional Updates

The Company also announced that it has entered into a Purchase and Sale Agreement (the “Agreement“) for a patented mining claim (the “Emmet Claim“) from Silver Nickel Mining Company. The new acquisition adds an additional 19.13 acres contiguous to the Company’s Corral Copper Project. The terms of the Agreement are as follows:

– Intrepid shall pay the vendor $10,000 USD upon closing and shall issue 75,000 common shares for 100% of the Emmet Claim.
– The closing of the acquisition of the Emmet Claim is subject to the approval of the TSX Venture Exchange.
– The vendor is arm’s length to the Company.
– No finder’s fees are payable in connection with this transaction.

In addition, the Company has granted a total of 1,850,000 stock options to directors, officers and consultants of the Company. The stock options have an exercise price of $0.39 and expire on April 14, 2030.

About Corral Copper

The Corral Copper Property, located near historical mining areas, is an advanced exploration and development opportunity in Cochise County, Arizona. Corral is located 15 miles east of the famous mining town of Tombstone and 22 miles north of the historic Bisbee mining camp which has produced more than 8 billion pounds of copper4. Production from the Bisbee mining camp, or within the district as disclosed in the next paragraph, is not necessarily indicative of the mineral potential at Corral.

The district has a mining history dating back to the late 1800s, with several small mines extracting copper from the area in the early 1900s, producing several thousand tons. Between 1950 and 2008, various companies explored parts of the district, but the effort was uncoordinated, non-synergistic and focused on discrete land positions and commodities due to the fragmented ownership. Intrepid has been able to secure data from various sources which provides a solid foundation in creating geological interpretations and identifying new target areas.

The Corral Copper Property is comprised of the Excelsior Property, the CCCI Properties, the Sara Claim Group and the MAN Property. The Company has completed the acquisition of the Excelsior Property and Sara Claim Group through purchase and sale agreements. The Company has the right to acquire the corporate group that holds the CCCI Properties through an option agreement. The Company has the right to acquire the MAN Property through an option agreement. See the “Commitments” section of the Company’s most recently filed Management Discussion and Analysis for further details.

Intrepid is confident that by combining modern exploration techniques with historical data and with a clear focus on responsible development, the Corral Copper Property can quickly become an advanced exploration stage project and move towards development studies.

Technical Information

All scientific and technical information in this news release has been prepared by, or approved by Daniel MacNeil, P.Geo. Mr. MacNeil is a Technical Advisor to the Company and is a qualified person for the purposes of National Instrument 43-101 – Standards of Disclosure for Mineral Projects.

Mr. MacNeil has verified the drilling data disclosed in this news release, including the assay and test data underlying the information or opinions contained in this news release. Mr. MacNeil verified the data disclosed (or underlying the information disclosed) in this news release by reviewing imported and sorted assay data; checking the performance of blank samples and certified reference materials; reviewing the variance in field duplicate results; and reviewing grade calculation formulas. Mr. MacNeil detected no significant QA/QC issues during review of the data and is not aware of any sampling, recovery or other factors that could materially affect the accuracy or reliability of the drilling data referred to in this news release.

About Intrepid Metals Corp.

Intrepid Metals Corp. is a Canadian company focused on exploring for high-grade essential metals such as copper, silver, and zinc mineral projects in proximity to established mining jurisdictions in southeastern Arizona, USA. The Company has acquired or has agreements to acquire several drill ready projects, including the Corral Copper Project (a district scale advanced exploration and development opportunity with significant shallow historical drill results), the Tombstone South Project (within the historical Tombstone mining district with geological similarities to the Taylor Deposit, which was purchased for $1.3B in 20185, though mineralization at the Taylor Deposit is not necessarily indicative of the mineral potential at the Tombstone South Project) both of which are located in Cochise County, Arizona, and the Mesa Well Project (located in the Laramide Copper Porphyry Belt in Arizona). Intrepid has assembled an exceptional team with considerable experience with exploration, developing, and permitting new projects within North America. Intrepid is traded on the TSX Venture Exchange (TSXV) under the symbol “INTR” and on the OTCQB Venture Market under the symbol “IMTCF”. For more information, visit www.intrepidmetals.com.

INTREPID METALS CORP.
On behalf of the Company
“Ken Engquist”
CEO

For further information regarding this news release, please contact:

Ken Engquist, CEO
604-681-8030
info@intrepidmetals.com

Notes

1 Briggs, D.F., 2015, History of the Warren (Bisbee) Mining District, Arizona Geological Survey Contributed Report CR15b,8 p.

2 Lewis, K., 2022, Geology and Mineralization of the Undeveloped Cochise Supergene Porphyry Copper Deposit, Warren (Bisbee) Mining District, Cochise County, Arizona, The University of Arizona, MSc thesis, 104 pages.

3 Composite intervals are calculated using length weighted averages based on a combination of lithological breaks and copper, gold, silver and zinc assay values. All intervals reported are core lengths, and true thicknesses are yet to be determined. Mineral resource modeling is required before true thicknesses can be confidently estimated. Analyzed Grade corresponds composite weighted (“composites”) averages of laboratory analyses. Metal Equivalent corresponds to undiluted metal equivalent of reported composites. Metal prices used for the CuEq and AuEQ calculations are in USD based on Ag $22.00/oz, Au $1900/oz, Cu $3.80/lb, Zn $1.15/lb The following equation was used to calculate copper equivalence: CuEq = Copper (%) (85% rec.) + (Gold (g/t) x 0.71)(80% rec.) + (Silver (g/t) x 0.0077)(80% rec.) + (Zinc (%) x 0.28)(80% rec.). The following equation was used to calculate gold equivalence: AuEq = Gold (g/t)(80% rec.) + (Copper (%) x 1.4085)(85% rec.) + (Silver (g/t) x 0.0108)(80% rec.) + (Zinc (%) x 0.4188)(80% rec.). Analyzed metal equivalent calculations are reported for illustrative purposes only. The metal chosen for reporting on an equivalent basis is the one that contributes the most dollar value after accounting for assumed recoveries.

4 Information disclosed in this news release regarding the historic Bisbee Camp can be found on the Copper Queen Mine website and on the City of Bisbee website (www.bisbeeaz.gov/2174/Bisbee-History).

5 Details regarding the sale of the Taylor Deposit can be found in South32 News Release dated October 8, 2018 (South32 completes acquisition of Arizona Mining).

Cautionary Note Regarding Forward-Looking Information

Certain statements contained in this release constitute forward-looking information within the meaning of applicable Canadian securities laws. Such forward-looking statements relate to: the advancement of the Company’s projects in Arizona; continued growth, ongoing success;; the exploration potential of the Corral Copper Property including that it is a district scale advanced exploration and development opportunity with significant shallow historical drill results; the details of the porphyry copper-gold targets have been identified on the Corral Copper Project; the significant potential for new discoveries across Corral Copper’s expansive land package; the timing, details and goals of the next drill program; the development of the next district scale copper opportunity in North America; the significant potential to host significant intervals of copper-gold-silver-zinc mineralization; and the exploration potential of the Company’s other mineral projects.

In certain cases, forward-looking information can be identified by the use of words such as “plans”, “expects”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might”, “occur” or “be achieved” suggesting future outcomes, or other expectations, beliefs, plans, objectives, assumptions, intentions or statements about future events or performance. Forward-looking information contained in this news release is based on certain factors and assumptions regarding, among other things, the Company can raise additional financing to continue operations and complete an additional drill program; the results of exploration activities, commodity prices, the timing and amount of future exploration and development expenditures, the availability of labour and materials, receipt of and compliance with necessary regulatory approvals and permits, the estimation of insurance coverage, and assumptions with respect to currency fluctuations, environmental risks, title disputes or claims, and other similar matters. While the Company considers these assumptions to be reasonable based on information currently available to it, they may prove to be incorrect.

Forward-looking information involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the Company to be materially different from any future results, performance or achievements expressed or implied by the forward-looking information. Such factors include risks inherent in the exploration and development of mineral deposits, including risks relating to the ability to access infrastructure, risks relating to the failure to access financing, risks relating to changes in commodity prices, risk related to unanticipated geological or structural formations and characteristics risks related to current global financial conditions, risks related to current global financial conditions and the impact of any resurgence of COVID-19 on the Company’s business, reliance on key personnel, operational risks inherent in the conduct of exploration and development activities, including the risk of accidents, labour disputes and cave-ins, regulatory risks including the risk that permits may not be obtained in a timely fashion or at all, financing, capitalization and liquidity risks, risks related to disputes concerning property titles and interests, environmental risks and the additional risks identified in the “Risk Factors” section of the Company’s reports and filings with applicable Canadian securities regulators.

Although the Company has attempted to identify important factors that could cause actual actions, events or results to differ materially from those described in forward-looking information, there may be other factors that cause actions, events or results not to be as anticipated, estimated or intended. Accordingly, readers should not place undue reliance on forward-looking information. The forward-looking information is made as of the date of this news release. Except as required by applicable securities laws, the Company does not undertake any obligation to publicly update or revise any forward-looking information.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) has reviewed or accepts responsibility for the adequacy or accuracy of this release.

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

RevitaLash® Cosmetics Announces Road to $10 Million Goal in Support of Breast Cancer Initiatives

VENTURA, Calif., April 15, 2025 /PRNewswire/ — RevitaLash® Cosmetics, globally recognized for its innovative lash, brow, and hair beautification products, is deepening its commitment to the fight against breast cancer with its new Road to $10 Million goal. In 2024, the company reached the milestone of $9 million in donations, investments, and in-kind contributions to breast cancer initiatives since 2008. The brand aims to reach the $10 million mark this year in the leadup to celebrating its 20th anniversary in 2026.

Since its inception, RevitaLash Cosmetics has proudly championed breast cancer awareness, research, and patient initiatives, driven by the legacy of its late Co-Founder, Gayle Brinkenhoff, who battled breast cancer with courage and grace.

As part of its ongoing Eternally Pink® pledge, RevitaLash Cosmetics continues its year-round mission by committing a portion of proceeds from every product sold to directly fund important research and make quality care accessible to more patients. Recent initiatives have included the funding of a potentially groundbreaking study of Triple-Negative Breast Cancer at the renowned Francis Crick Institute in London, and scalp cooling treatments to help prevent hair loss in chemotherapy patients at Ridley-Tree Cancer Center and UCLA Health in Santa Barbara, Calif. 

The Road to $10 Million goal will have an impact felt around the world thanks to RevitaLash Cosmetics’ collaboration with its global partners. The company will match contributions made by their international distribution partners to the local breast cancer charity of their choice.

“We’re thrilled to unveil our Road to $10 Million goal and to continue our mission of supporting breast cancer research and patient initiatives worldwide,” said Dariel Sidney, Vice President of Global Philanthropy and daughter of Gayle Brinkenhoff. “Reaching $10 million in giving and investments is more than a milestone—it’s a celebration of what we stand for as a company.”

For more information on RevitaLash Cosmetics’ breast cancer initiatives or to learn how your purchase supports the cause, visit www.revitalash.com/pages/eternally-pink.

About RevitaLash® Cosmetics
RevitaLash Cosmetics is a worldwide leader in developing advanced lash, brow and hair beautification products. Established in 2006, the collection includes award-winning RevitaLash® Advanced Eyelash Conditioner and RevitaBrow® Advanced Eyebrow Conditioner, and is available in physician’s offices, spas, salons, and specialty retailers across 70+ countries. A supporter of non-profit breast cancer initiatives, RevitaLash® Cosmetics commits a portion of proceeds to fund research and education initiatives, giving back to the breast cancer community year-round, not just in October. For information, visit www.revitalash.com.

World Phygital Community Announces Global Qualifying Tournament Season 2025/2026

Season anticipated to be biggest ever before the Games of the Future 2026 in Kazakhstan

HONG KONG, April 15, 2025 /PRNewswire/ — Today, the World Phygital Community (WPC) announces the 2025/2026 ranking tournament season for athletes and clubs aiming to qualify for the Games of the Future in Kazakhstan next year. Running from August 1st to December 15th, 2025, the tournaments hosted by WPC members worldwide, will provide the opportunity for clubs and athletes to show their prowess in phygital sports and qualify to compete at the largest global phygital sport’s event next year.

 

An overview of the WPC ranking tournaments around the world

During the season, phygital competitors will participate in a round of regional tournaments within each participating country called Phygital Origins, followed by national tournaments, which are called Phygital Rivals.

Dan Merkley, Chairperson of the WPC, said, “This new season will be the biggest ever. With 96 World Phygital Community members across 92 countries, this is the chance for anyone who wants to be part of this fast-growing phenomenon to step up and prove themselves. Phygital sport is for everyone, and we are eager to see which phygital superstars emerge this season.”

Tournaments can feature the following core disciplines: Phygital Football, Phygital Basketball, Phygital Shooter and Phygital Dancing. The first three consist of two stages—a digital round, where athletes compete in a video game version of the discipline, followed by a physical round, where they face off in a real-world version of the discipline. Phygital Dancing tournaments use well-known dancing video games to deliver the phygital experience in a single stage.

Following conclusion of these tournaments in December, rankings are calculated and the top two clubs and athletes in each discipline will go straight through to the Games of the Future 2026, while clubs and athletes placed 3rd – 26th will go through to the Phygital Contenders tournament to fight for their place at the event.

Prior to the season starting, all WPC members can apply to host Phygital Origins and Phygital Rivals tournaments from May 1st till July 31st, 2025.

Notes to Editors:

About the World Phygital Community (WPC):

The World Phygital Community (WPC) is a non-profit, international organization that aims to promote phygital sport worldwide by uniting physical and digital communities globally. It is responsible for providing guardianship of the rules and regulations of phygital sport and hosting the Phygital Origins and Phygital Rivals. The winners from the Phygital Origins progress to the Phygital Rivals, facing other Phygital Origins winners, for a chance to compete at the Games of the Future.

For more information please visit: https://worldphygital.org/

About the Games of the Future (GOTF):
 
The Games of the Future is an annual international event that fuses the worlds of physical and digital and is the pinnacle of phygital sport. The tournament brings together the next generation of phygital sporting heroes from all over the world to compete in a diverse range of phygital disciplines and challenges. The Games of the Future 2025 will be held in the UAE while The Games of the Future 2026 will be held in Kazakhstan.

For more information please visit: https://gofuture.games/

Phygital athletes competing in the digital part of a phygital ranking tournament.
Phygital athletes competing in the digital part of a phygital ranking tournament.

 

Phygital athletes competing in the physical part of a phygital ranking tournament.
Phygital athletes competing in the physical part of a phygital ranking tournament.

 

 

Strategic Planning, Governance, and Process Orchestration Critical to AI Implementation Success, SS&C’s Global Survey Finds

WINDSOR, Conn., April 15, 2025 /PRNewswire/ — SS&C Technologies Holdings, Inc. (Nasdaq: SSNC) today announced findings from a new survey: governance, process orchestration and strategic planning are critical to ensuring successful AI implementation. Conducted by SS&C Blue Prism in December, the 2025 Global Enterprise AI survey gathered insights from 1,650 CEOs, CTOs and IT leaders across financial services and healthcare enterprises in the Americas, Europe, and Asia-Pacific.

“AI adoption is advancing rapidly. Success depends on careful strategic planning, ethical governance, and workforce readiness,” said Rob Stone, Senior Vice President and General Manager of SS&C’s Intelligent Automation and Analytics business. “Organizations realize these foundations are critical to minimizing risk inefficiencies and security vulnerabilities. Investing in upskilling, building ethical frameworks, and adopting enabling technologies such as process orchestration helps ensure long-term success and maximize opportunities.”

Key findings from the report include:

  • Process Orchestration is Fundamental: Nearly 94% of respondents emphasized the importance of process orchestration as a core part of the technology stack to enable seamless, end-to-end AI management.
  • Data Challenges Persist: 44% of organizations surveyed reported a lack of systems to effectively move large data sets, and 41% struggled with inaccurate and inconsistent data
  • Workforce transformation is underway: 84% of business leaders recognize AI’s potential to disrupt traditional practices and unlock innovative ways of working. Around 40% of businesses are upskilling employees for new or expanded roles.
  • Employees See Growth Opportunities: AI implementation is creating room for career growth, with 40% of employees anticipating new AI-specific jobs, 34% focused on assisting AI adoption, and 31% engaging in more creative and strategic work.
  • Assessing AI’s Value is Critical: While 88% of organizations surveyed are closely measuring the value derived from AI, only 36% reported consistent, recognizable value from their AI implementations, highlighting the need to refine adoption strategies.
    Agentic AI is here: Autonomous automation is being adopted by 29% of respondents, with another 44% planning to implement it over the next year. However, 78% don’t fully trust the technology, indicating the need for additional tools to provide checks and balances.

Among the key challenges hindering AI adoption, security and compliance concerns rank the highest at 37%, underscoring the critical need for organizations to safeguard sensitive data while adhering to ever-evolving regulations. Closely following, skills and expertise shortages (35%) highlight the growing demand for professionals equipped with specialized knowledge to develop, deploy, and manage AI solutions effectively. Additionally, integration and migration complexities (35%) represent a significant barrier, as businesses grapple with merging advanced AI systems into existing infrastructure without disrupting operations. Addressing these challenges requires a proactive approach to balance robust security protocols, targeted workforce development, and streamlined implementation strategies.

“Striking the right balance between speed, governance, and strategic alignment is crucial,” Stone added. “The enterprise AI revolution is here. Unlocking its full potential depends on holistic, sustainable adoption strategies.”

Click here to download the full report.

Learn more about SS&C Blue Prism Enterprise AI solutions here.

About SS&C Technologies

SS&C is a global provider of services and software for the financial services and healthcare industries. Founded in 1986, SS&C is headquartered in Windsor, Connecticut, and has offices around the world. More than 22,000 financial services and healthcare organizations, from the world’s largest companies to small and mid-market firms, rely on SS&C for expertise, scale and technology.

Additional information about SS&C (Nasdaq: SSNC) is available at www.ssctech.com.

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Youdao Filed 2024 Annual Report on Form 20-F

HANGZHOU, China, April 15, 2025 /PRNewswire/ — Youdao, Inc. (“Youdao” or the “Company”) (NYSE: DAO), an AI-powered solutions provider specializing in artificial intelligence applications for the learning and advertising verticals, today announced that the Company had filed its annual report on Form 20-F for the full year ended December 31, 2024 with the U.S. Securities and Exchange Commission.

The annual report is available on the Company’s investor relations website at ir.youdao.com and on the SEC’s website at www.sec.gov. The Company will provide hard copies of the annual report, free of charge, to its shareholders and ADS holders upon written request. Requests should be directed to Investor Relations, Youdao, Inc., No. 399 Wangshang Road, Binjiang District, Hangzhou 310051, People’s Republic of China.

About Youdao, Inc.

Youdao, Inc. (NYSE: DAO) is strategically positioned as an AI-powered solutions provider specializing in artificial intelligence applications for the learning and advertising verticals. Youdao now mainly offers learning services, online marketing services and smart devices – all powered by cutting-edge technologies. Youdao was founded in 2006 as part of NetEase, Inc. (NASDAQ: NTES; HKEX: 9999), a leading internet technology company in China.

For more information, please visit: http://ir.youdao.com.

For investor and media inquiries, please contact:

In China:
Jeffrey Wang
Youdao, Inc.
Tel: +86-10-8255-8163 ext. 89980
E-mail: IR@rd.netease.com

Piacente Financial Communications
Helen Wu
Tel: +86-10-6508-0677
E-mail: youdao@thepiacentegroup.com

In the United States:
Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: youdao@thepiacentegroup.com

ALERT: Tariffs Pose No Material Impact to Highway Holdings’ Business

HONG KONG, April 15, 2025 /PRNewswire/ — Highway Holdings Limited (Nasdaq: HIHO, the “Company” or “Highway Holdings”) today confirmed it does not expect a material impact from the recent imposition of higher U.S. tariffs on imports into the U.S. from China. The Company had less than 4% of its total products exported to the U.S. over the last twelve months, with approximately 3% from China and approximately 1% from Myanmar, and the Company has no present dependence on the U.S. market.

Roland Kohl, chairman, president and chief executive officer of Highway Holdings, commented, “The recent imposition of higher tariffs worldwide by the U.S., and on imports from China in particular, has caused undue concern for our shareholders regarding the impacts on the Company. The reality is that almost all of our revenue is generated from customers in Europe, with less than 4% of our products exported to the U.S. over the last twelve months and no dependence on the U.S. market.”

“The other reality is that higher tariffs on imports from China into the U.S. should help to improve our business in Myanmar, as Chinese companies affected by these tariffs may look to shift production to countries like Myanmar, which has substantially lower tariff rates. As a result, this is a very exciting time because such actions may benefit rather than harm a truly international company such as we are. We hope this helps clarify our unique position for shareholders as they continue to support the company.”

About Highway Holdings Limited

Highway Holdings is an international manufacturer of a wide variety of quality parts and products for blue chip equipment manufacturers based primarily in Germany. Highway Holdings’ administrative offices are located in Hong Kong and its manufacturing facilities are located in Yangon, Myanmar and Shenzhen, China. For more information visit website www.highwayholdings.com

Except for the historical information contained herein, the matters discussed in this press release are forward-looking statements., These statements are subject to risks and uncertainties. Such risks and uncertainties include, but are not limited to, economic conditions, tariffs, changes in the global trade environment, competitive pressures, governmental, political and technological factors affecting the company’s revenues, operations, markets factors, and other factors discussed in the company’s various filings with the Securities and Exchange Commission, including without limitation, the company’s annual reports on Form 20-F.