30 C
Vientiane
Sunday, April 27, 2025
spot_img
Home Blog Page 5

CLOU Electronics honored as a TOP 5 Battery & Energy Storage Innovation Company at Battery Energy Storage Indonesia 2025

JAKARTA, Indonesia, April 25, 2025 /PRNewswire/ — CLOU Electronics, a global leader in energy storage commercialization, made a strong debut at Solartech | Battery Energy Storage Indonesia 2025, held from April 23 to 25 in Jakarta. Demonstrating its commitment to the APAC market, CLOU was honored as TOP 5 Battery & Energy Storage Innovation Company by Visitors’ Choice, awarded by GEM Indonesia. Also included on the list are prominent companies such as Sungrow, Trina, Huawei, and JASolar.

 

CLOU at Battery Energy Storage Indonesia 2025

CLOU was honored as TOP 5 Battery & Energy Storage Innovation Company by Visitors’ Choice, awarded by GEM Indonesia
CLOU was honored as TOP 5 Battery & Energy Storage Innovation Company by Visitors’ Choice, awarded by GEM Indonesia

At the exhibition, CLOU presented its complete portfolio of advanced energy storage technologies, including the Aqua-C2.5 Utility Solution, Aqua-E233 for commercial and industrial applications, a cloud-edge-end EMS system, and its flagship Engineering & Procurement (EP) Package solution.

Among the highlights, the Aqua-C2.5 with string PCS drew significant attention—integrating string inverters and batteries into one AC storage cabinet. This design improves efficiency, modularity, and installation flexibility. CLOU is among the few companies worldwide capable of delivering mature string PCS solutions. The system also incorporates CLOU’s proprietary Smart Scales Active Balancing Technology, which optimizes energy distribution through active balancing and recently passed the CSA TS-800 Large-Scale Fire Test (LSFT), showcasing its safety and reliability credentials.

CLOU’s EP Package emerged as a key highlight, offering end-to-end system integration across the full project lifecycle—from design and engineering to grid connection, capacity expansion, and long-term service agreements of up to 20 years. This comprehensive approach enables customers to maximize system performance and return on investment.

In an official keynote presentation, Mr. Harrison Ye, Director of CLOU APAC Region, emphasized the importance of holistic system integration. “True integration is not just about assembling components,” he said. “It’s about engineering excellence, operations and maintenance, warranty strategy, and total lifecycle value. Profitability must be measured by energy output, cycle performance, and long-term reliability.”

With nearly 30 years of experience in the global energy sector, CLOU has delivered 6GWh of energy storage systems as of Q4 2024, with successful projects in the Americas, Chile, and Europe.

Looking ahead, CLOU is accelerating its localized manufacturing plans in Indonesia. The first phase of its Indonesian factory will go online in Q1 2026 with an initial production capacity of 4GWh, scalable to 6GWh. Further expansion is already in planning, with an aim to meet TKDN requirements and strengthen investment in the broader APAC market.

For more information regarding CLOU’s products and solutions in the APAC region, please contact:Harrison Ye with yeys31@szclou.com, Summer Zhang with zhangyy77@midea.com

State Grid Xinjiang Information & Telecommunication Company: Facial Recognition Enhances Enterprise Security Management

URUMQI, China, April 25, 2025 /PRNewswire/ — Recently, State Grid Xinjiang Information & Telecommunication Company has successfully completed the optimization and upgrade of its visitor management system. By constructing a user facial database and implementing facial recognition technology, the company has achieved precise control over personnel, locations, and time. This has significantly strengthened the security of entry and exit in the office area while greatly reducing manual verification processes, thereby improving the efficiency of personnel access.

Through comprehensive software and hardware upgrades to the visitor management system, visitors can now complete reservations by selecting “I’m a Visitor” in the WeChat mini-program, entering their mobile phone number, obtaining a verification code, and logging in. Visitors are required to accurately fill out details such as their name, affiliated organization, ID number, visiting department, contact person, purpose of visit, and start/end times before submitting the form. According to statistics, the average passage time for visitors has been reduced from 8 minutes to 10 seconds, effectively enhancing the efficiency of office area access and preventing congestion at entrances and exits.

Furthermore, the visitor management system integrates with the SMS platform to provide automated reminders three days prior to the expiration of visitor credentials and real-time notifications upon approval of reservation authorizations. This ensures precise control over the validity period of visitor access, enabling proactive measures such as “early reminders,” “early reservations,” and “timely access.” Additionally, the system collects and analyzes data on visitor passage times, frequently visited areas, and abnormal records, further enhancing the convenience and security of office area access and assisting enterprises in optimizing the allocation of security personnel.

Looking ahead, State Grid Xinjiang Information & Telecommunication Company will continue to explore advanced technologies for visitor security management. The company aims to achieve multi-scenario applications based on facial recognition technology and implement a framework of “unified entry, networked access, and precise distribution” for identity information. Standardized appointment and authorization processes will be established, along with flexible strategies to ensure seamless integration and technical prevention networking. These efforts will drive the company toward modernization, enhanced safety, intelligent operations, and improved convenience.

SERES Debuts Intelligent Safety at Auto Shanghai 2025, Setting Industry Standard and Capturing Global Spotlight

SHANGHAI, April 25, 2025 /PRNewswire/ — On April 23, SERES made a major announcement at Auto Shanghai with the debut of the Intelligent Safety ecosystem. Pioneering a new approach by defining safety through real-world scenarios, SERES sets a new benchmark for intelligent safety in the automotive industry.

Pioneering Scenario-Based Safety with Industry-Leading Coverage Across Four Core Domains

As the automotive industry advances through intelligent connectivity, electrification, and shared mobility, vehicle safety is undergoing a paradigm shift—from passive safety to “passive + active safety”, and now toward all-dimensional protection. Pioneering the industry’s first scenario-defined safety philosophy, SERES has developed an intelligent safety ecosystem encompassing four core pillars: life protection, vehicle body protection, health care, and privacy protection.

Life Protection: SERES developed the industry’s first 720° protection architecture and introduced the mass-produced and world’s largest aluminum alloy integrated rear body, now featured in the AITO M9. Additionally, SERES is the first to develop a magnesium alloy version for production use. Moving forward, all AITO models will adopt this integrated casting technology. SERES also leads with a battery protection system and a 24/7 cloud-based battery safety monitoring, delivering comprehensive personal safety.

Vehicle Body Protection: SERES continuously enhances active safety performance through continuously training the perception system. The comprehensive collision prevention capabilities – including frontal, lateral, and rear impact protection – have been significantly upgraded across all dimensions.

Health Care: SERES employs healthy material technologies to create a five-sense wellness cabin featuring fresh air, baby-safe surfaces, eye comfort, harmonious quietness, and low electromagnetic interference—ensuring a healthy environment for all passengers.

Privacy Protection: As vehicle intelligence advances, data and network security and privacy protection become ever more critical. SERES has built a multi-layered security architecture encompassing cloud, transmission, vehicle, and chip, providing full lifecycle data protection for users and their vehicles.

Building a Safety Assurance Framework, Co-Creating a Security Ecosystem

SERES has developed a holistic safety assurance framework that integrates R&D, testing, intelligent manufacturing, quality control, supply chain among others. This systematically ensures all-round protection for passengers, vehicles, and personal belongings. In R&D, SERES has logged over 11 million kilometers of testing across more than 1,300 scenarios, significantly shortening development cycles and enhancing product quality.

On the manufacturing side, SERES employs 10,000-ton level die-casting and achieves 100% automated welding and chassis bolt assembly. Supported by an industry-leading intelligent testing and quality assurance system, the company leverages automation, big data, and full-scenario validation to guarantee vehicle safety.


Globally Recognized Excellence and Expanding International Partnerships

Since the beginning of this year, the AITO 9 and AITO 5 have undergone upgrades, while the AITO 7 has introduced a new color option. With the latest addition of the AITO 8, AITO has now formed four-model lineup, catering to users’ diverse mobility needs. As of April 20, AITO users have collectively driven over 12.4 billion kilometers in intelligent range-extended electric vehicles.

Since its debut at the Paris Motor Show 2024, AITO’s innovation has captured global attention. At Auto Shanghai this year, international delegations visited AITO’s booth to witness the launch of its Intelligent Safety ecosystem and experience the future of smart mobility. Distributors from the UAE, Bahrain, Azerbaijan, Armenia, and Mongolia signed partnerships with SERES, joining the AITO family. Moving forward, AITO will collaborate with more global partners to redefine luxury.


Firmly upholding the philosophy that “Safety is the greatest luxury,” SERES is redefining the standards of luxury mobility in the new era and delivering an intelligent, secure travel experience that exceeds user expectations.

Rizhao, Shandong’s sunshine destination, prepares for influx of tourists

RIZHAO, China, April 25, 2025 /PRNewswire/ — A news report from chinadaily.com.cn:

Rizhao, a coastal city in East China’s Shandong province famous, renowned for its water sports venues, scenic areas, seafood, and stunning sunrises, is gearing up for a culture and tourism feast to embrace tourists from around the world during the upcoming peak tourist season, as revealed at a press conference organized by the Information Office of the Rizhao Municipal People’s Government on April 23.

Ctrip, a leading online travel service provider in China, recently released its list of the top 100 destinations in China, with Rizhao being recognized as a “Classic Destination” and a “Coastal and Island Destination.”

During this year’s May Day holiday, Rizhao will offer a rich array of cultural and tourism options, including holiday resorts, forest park, and immersive performances open to tourists. The city will also launch urban exploration activities connecting its top 10 key scenic spots, turning travel into a true adventure.

During the peak tourist season, Rizhao will actively develop its cultural and entertainment economy and nurture local music brands. The city will also host major concerts, music festivals, and sporting events to enrich the experience for tourists.

Local authorities are putting on a “Taste of Rizhao” culinary feast, launching a “Rizhao foodie” live program to promote local specialties and hidden gem eateries. By creatively combining traditional delicacies with gourmet coffee, they aim to create an immersive experience of Rizhao flavors that transcend time, blending old flavors with new scenes. Through markets, pop-up stores, and exploratory activities popular among young people, they strive to build a culinary social scene that is both delectable and Instagram-worthy.

Moreover, the city will provide tourists with travel packages for dining, accommodation, and scenic areas, allowing every visitor to easily enjoy authentic Rizhao flavors and experience the city’s renowned hospitality.

This May Day holiday, Rizhao invites everyone to come and enjoy the unique charm and warmth of this coastal city.

 

Neusoft Launches Three Product Portfolios for AI-Powered Intelligent Mobility at Auto Shanghai 2025

SHANGHAI, April 25, 2025 /PRNewswire/ — Recently, at Auto Shanghai 2025, Neusoft Corporation (Neusoft, SSE:600718) announced the launch of three core product portfolios: Neusoft A³ Cockpit-Driving-Parking Platform, Neusoft NeuMind Empowerment System for automotive industry, and OneCoreGo® Global In-Vehicle Intelligent Mobility Solutions 6.0. Bringing the latest technological achievements, Neusoft presented a comprehensive “Neusoft Solution” in the field of intelligent automotive connectivity to global users, accelerating the arrival of an era of human-vehicle synergy.

Neusoft A³ Cockpit-Driving-Parking Platform: One Chip Solution, Ushering in a New Era of Full Domain Intelligence 

As the intelligent cockpit shifts from simple function combination to full domain integration, the automotive industry has entered into a new era of full domain intelligence. Neusoft, leveraging its extensive experience in the intelligent cockpit field, has newly launched the Neusoft A³ Cockpit-Driving-Parking Platform. This platform seamlessly integrates cockpit, instrument cluster, driving, and parking features through one single chip, which can reduce hardware costs, deliver multiple functions across all domains with one chip. It supports independent deployment of multi-domain functions, enhancing software iteration efficiency and interaction flexibility between the cockpit and the driving systems. Furthermore, it supports mainstream driving features like HWA (highway assist) and HPA (home-zone parking assist), while reserving upgrade space for continuous evolution of vehicle models. With a complete self-developed AI toolchain, it also enables rapid iteration to address long-tail issues.

From improving software efficiency, to reducing hardware cost and streamlining the supply chain, the Neusoft A³ Cockpit-Driving-Parking Platform adopts an innovative model of leveraging ADAS to enhance cockpit capabilities. It integrates driving and parking technology solutions with cockpit interaction capabilities, helping automakers easily achieve cockpit-driving integration, accelerating the mass production of intelligent vehicle products, providing global users with a safer, more delightful and intelligent mobility experience.

Neusoft NeuMind Empowerment System: Transforming the Automotive Industry through AI Empowerment

As AI technology continues to evolve, vehicles are being equipped with more intelligent features of perception, analysis and decision-making. The shift from software-defined vehicles to AI-powered vehicles has increased the requirements for intelligent vehicle software complexity, prompting automakers to swiftly integrate AI functionalities across various application scenarios. The Neusoft NeuMind Empowerment System precisely meets this demands, which serves as the AI brain, bridging perception, decision-making, and evolution chains to streamline AI into a standardized, production-ready capability, offering automakers full-stack intelligent solutions.

The Neusoft NeuMind Empowerment System integrates key modules such as intelligent cockpits, ADAS, body control, and vehicle connectivity with millisecond-level real-time responsiveness. With self-developed AI middleware and development toolchain, it facilitates rapid iteration of intelligent applications and decision-making algorithms, enabling seamless OTA upgrades. As an open intelligent platform built on Neusoft’s “RongZhi” AI implementation framework, it integrates the intelligent capabilities of multiple foundational AI models to provide a scenario-based intelligent service engine and personalized user experience customization. Through the concept of “one-time development, global deployment”, it helps both local and international automakers overcome technological barriers within the ecosystem.

OneCoreGo® Global In-Vehicle Intelligent Mobility Solutions 6.0: Transforming Vehicles into Mobile Intelligent Agents

As cars are rapidly evolving from transportation tools to “the third living space”, users expect comprehensive mobility experiences rather than basic functionalities. Neusoft’s OneCoreGo® Global In-Vehicle Intelligent Mobility Solution has been upgraded to version 6.0. Building on the three core product systems: One Map (Global Navigation Product Family), One Sight (AR For Car), and One Store (Global In-vehicle Ecosystem), it has newly added One Pay (In-vehicle Payment Center) and One Mate (AI Interaction Center). This upgrade further enhances Neusoft’s in-vehicle ecosystem with more advanced AI technology, achieving a full-chain upgrade of “navigation + payment + interaction” and creating a band-new global intelligent mobility scenario.

One Pay integrates driving scenarios such as charging, parking, refueling, toll payments, and supports mainstream global payment methods. It offers one-stop reservation and flexible in-car and out-of-car payment options for software renewals, personalized service subscriptions, and full-scenario bill payments, making journeys more convenient. One Mate, built on AI capabilities, constructs an intelligent agent across application ecosystems. It integrates technologies like complex semantic understanding, scene-level task execution, multimodal interaction, and emotional voice cloning, combining the reasoning and comprehension abilities of multiple large models to intelligently plan and execute complex tasks, enabling intelligent interaction and enjoyable driving. From a mere tool to a friendly companion, the OneCoreGo® Global In-Vehicle Intelligent Mobility Solution continually deciphers the code of future mobility, ushering driving experiences into a new era of “services at hand, interaction at will”.

Gai Longjia, President of Neusoft Corporation stated, “The concept of software-defined vehicles has moved from vision to reality. The deep integration of AI technology and the automotive industry is reshaping the collaboration model among humans, vehicles, roads, and the cloud. Cars are no longer merely transportation tools, they are mobile spaces for intelligent life, and they are key arenas in the global industry’s competition for technological leadership. Over the years, Neusoft has witnessed the surging tide of intelligence in the automotive industry, and driven by innovation and customer needs, we aim to create value for global partners. Today, we’re launching three innovative products as a new start to promote the global transformation of intelligent vehicles.

Since fully launching its intelligent solutions strategy in 2024, Neusoft has been steadfastly advancing intelligent solutions and data valorization, focusing on leveraging cutting-edge technologies like AI and big data. It has now established a comprehensive AI technology system and methodology. In the field of intelligent vehicle connectivity, Neusoft will continue to empower intelligent mobility through innovative technologies, equipping vehicles with “swift responsiveness, profound thinking, and warm services”, driving global automotive industry towards a future without limits.

For more information about Neusoft, please visit www.neusoft.com

2 Billion USD Polypropylene (PP) Production Plant and Terminal Investment to Contribute $300 Million Annually to Türkiye’s Trade Balance

ISTANBUL, April 25, 2025 /PRNewswire/ — Rönesans Holding, one of Europe’s leading contracting and investment groups, has initiated one of the largest private sector investments in Türkiye to date: the construction of a new Polypropylene (PP) Production Plant and Liquid Bulk Terminal in Ceyhan. With a total investment of $2 billion, these strategic projects aim to increase Türkiye’s industrial self-sufficiency, reduce foreign dependency, and enhance the country’s position in global trade.

 

Erman Ilıcak, Honorary President of Rönesans Holding
Erman Ilıcak, Honorary President of Rönesans Holding

 

Dr. Erman Ilıcak, Honorary President of Rönesans Holding, said: “Once operational, these projects will directly contribute USD 300 million annually to reducing Türkiye’s current account deficit.”

Rönesans Holding recently announced that it has secured total of $1.3 billion in financing for these projects –from the U.S. International Development Finance Corporation (DFC) and Spain’s Export Credit Agency (Cesce).

Dr. Ilıcak highlighted the group’s longstanding role in advancing Türkiye’s economy through value-added projects: “Our story began with international contracting services. To date, we have undertaken projects worth a total of USD 50 billion. Seventy per cent of this, approximately USD 35 billion, was carried out abroad, and we have pioneered many firsts in the world in this field. We have worked on a wide range of projects, from Europe’s longest tunnel to its tallest building, from the world’s largest GTG facility to the world’s largest seismically isolated building. Following this, we became a large-scale investment holding company operating in real estate, social infrastructure, renewable energy, and more recently, industrial facilities. Over the past 15 years, with the significant contributions of stakeholders such as the World Bank’s investment arm IFC and the EBRD, we have structured our business in line with sustainable development goals.”

He continued: “Our model is centred on developing the right project with the right partners, and delivering it at the right time. We have successfully implemented this model with partners such as Singapore’s sovereign wealth fund GIC, Meridiam Infrastructure from France, Japan’s Sojitz, Samsung C&T, and TotalEnergies. Together, we have completed $10 billion worth of investments in Türkiye. These initiatives have laid the foundation for broader transformation, and we will continue to focus on projects that help reduce our country’s trade gap.”

Ceyhan Projects Developed with Expertise from 12 Countries

Reflecting on shifting global economic trends, Dr. Ilıcak said: “Protectionism is increasing, and supply chains are being reshaped. Energy and production are becoming localised. This transformation holds significant opportunities for countries like ours. In particular, strategic heavy industry investments are needed to reduce the foreign trade deficit arising due to imports of industrial machinery, plastics and chemicals, as well as industrial and precious metals. Over the past 10 years, industrial investments totalling approximately USD 20 billion have been made in Türkiye, including projects worth over USD 500 million. But this is not enough.”

He further emphasised: “To close the gap, Türkiye needs to allocate at least $12 billion annually over the next five years, totalling $60 billion. If an investment initiative of this scale is undertaken, we could see a USD 15 billion annual increase in GDP and a USD 10 billion reduction in the foreign trade deficit. At Rönesans Holding, we have secured international financing for our Ceyhan Polypropylene Production Facility and Liquid Bulk Terminal investments, totalling USD 2 billion, which serve this very purpose. The construction of these projects, developed in collaboration with expert solution partners from 12 countries, are ongoing. Once operational, these investments will directly contribute USD 300 million annually to reducing Türkiye’s current account deficit.”

Attracting Foreign Investment Through Strong Partnerships

Dr. Ilıcak also reflected on the importance of international collaborations: “Perhaps the most challenging project we undertook with the EBRD was Türkiye’s transformation in healthcare. The EBRD shared its expertise from around the world. As a result, Türkiye was able to attract USD 15 billion in financing from abroad and carry out its healthcare transformation. We also worked with the IFC for many years on project financing. In difficult conditions, IFC has always stood by our side. We have formed company partnerships with them. Most recently, we have been developing a PPP hospital in Kazakhstan together. In every project we have undertaken, the first question they asked was, ‘What will be the social impact of this?’ Profitability was always the last topic. Those are the reasons why I am grateful to both banks.”

He concluded: “Our relations with Central Asian countries, in particular, have developed substantially. Then, our ties with African countries began to strengthen. Today, Türkiye has become a hub that serves a population ten times its own, meeting needs such as healthcare and education. We closely follow these developments and ensure that growing diplomatic relations are also reflected in trade. We are working to support the progress of Türkiye’s industrialisation initiative. We secure financing from abroad to carry out our projects wherever possible instead of using our country’s limited resources.”

 

Ceyhan Polypropylene (PP) Production Plant and Terminal
Ceyhan Polypropylene (PP) Production Plant and Terminal

 

 

Creww and Real Madrid Next launch Batch 2 of “Real Madrid Next Accelerator for Asia”


TOKYO, JAPAN – Media OutReach Newswire – 25 April 2025 – Creww Inc. (Japan Office: Shibuya-ku, Tokyo, Representative: Sorato Ijichi, hereinafter “Creww”), Japan’s leading open innovation platform provider, and Real Madrid Next are pleased to announce the launch of “Real Madrid Next Accelerator for Asia” Batch 2, an accelerator program which started in 2024, aimed to create business partnerships between Real Madrid Next and Asian startups.

For Batch 1, launched in January 2024, we have successfully selected 7 startups out of more than 800 applicants, and the startups are continuing their PoC trials, aiming to achieve innovative collaborations.

Creww will continue to partner with Real Madrid Next to bring innovative technologies and services from Asian startups to develop projects that aim to improve and advance the sports industry. “Real Madrid Next Accelerator for Asia” is designed not only to boost the growth of Asian startups, but to also create an innovation community for Real Madrid Next, by carrying out continuous programs for Asian startups to innovate the sports industry as a whole in the decades to come.

Applications for the program have opened today, on April 25th.
Please visit https://global.creww.me/global/ja/real-madrid-next-accelerator-for-asia-2 to apply.

Program Theme
The program will focus on Real Madrid Next’s six areas of work.

1. E-Health – technological innovation to help improve the physical and mental abilities of athletes, influencing prevention, diagnosis and sports recovery

2. Performance – tools and methods to improve the ability to evaluate the performance of athletes from data and analysis

3. Audiovisual – innovative content to improve the audiovisual experience with immersive technologies and new multimedia channels

4. Fan Engagement – creation of loyalty products and services that will revolutionize the fans’ online and offline experience, both inside and outside the stadium

5. Cybersecurity & Technology – new tools to protect online data, prevent loss of information, ensure access to the stadium and control its flows

6. Social – supporting the social participation through the Real Madrid Foundation, defining instruments for managing cooperation and improving social tools and environmental sustainability

Program Timeline (as of April 2025)

April 25th – June 20th 2025 Application
Late June – Late September 2025 Selection of startups
October – December 2025 PoC Contract signing
January – May 2026 PoC
June – July 2026 Demo Day

Program Overview

Program Name Real Madrid Next Accelerator for Asia
Target early and middle-stage startups in Asia in the field of sports-tech, health-tech, fan engagement, etc. which aligns with Real Madrid Next’s six areas of work
Expected Outcome business partnerships*
Application
Please visit below to apply:
https://global.creww.me/global/ja/real-madrid-next-accelerator-for-asia-2
Organizer Real Madrid Next, Creww Inc.

*There is a possibility that Creww will provide equity investments to the selected startups.

Comment from Real Madrid Next
The first cohort of the Real Madrid Next Accelerator for Asia gave us access to many talented companies. We were able to involve startups from different areas of the Real Madrid ecosystem and benefit from cutting-edge technologies and exceptional know-how. We are now excited to launch the second batch and soon meet this new generation of sports technology entrepreneurs in Asia.

About Real Madrid Next
Real Madrid Next is the brand under which Real Madrid’s innovation projects are developed, with the collaboration of startups and companies looking to improve performance with the support of the Real Madrid ecosystem. Real Madrid Next focuses on six work areas: e-health, performance, fan engagement, audiovisual, cybersecurity & technological infrastructures and social. In all of them we seek excellence and the greatest technological advance possible to allow the club to enhance its digital transformation and keep its leadership in the sports industry. Learn more at https://www.realmadridnext.com/en/next/home.
Hashtag: #creww #realmadrid #realmadridnext #accelerator #asia #startup #sports #technology #sportstech #healthtech




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

About Creww

Creww Inc. runs Japan’s largest open innovation platform. With a vision to “build an age of bravery,” Creww supports all startups, entrepreneurs, businesses and individuals that take on new challenges.

Since its founding in 2012, Creww has organized more than 500 open innovation programs between companies, local governments and startups, and has achieved approximately 1,500 collaborations, with over 8,500 startups registered on the platform. Creww aims to contribute to the startup ecosystem in the Asia-Pacific region and beyond, starting with promoting open innovation with Korea, Taiwan and more.

Company Overview
Company: Creww Inc.
Established: 2012/8/13
Address: Daiichi Akatsuki Bldg. 4F 1-19-9, Dogenzaka, Shibuya, Tokyo, Japan
Representative: Sorato Ijichi, CEO
URL:

Fosun Develops Business for Good and Creates IMPACT

Releases 2024 ESG Report and the Third Climate Information Disclosures Report

HONG KONG, April 25, 2025 /PRNewswire/ — Fosun International Limited (HKEX stock code: 00656, “Fosun International”), together with its subsidiaries (“Fosun” or the “Group”), issued the Environmental, Social and Governance (ESG) Report 2024 (the “ESG Report”). Facing the increasingly severe challenges of global climate change, Fosun released its third Climate Information Disclosures Report with reference to the Part D of Appendix C2 of the Main Board Listing Rules (the “New Climate Requirements”) of the Hong Kong Stock Exchange, the Task Force on Climate-Related Financial Disclosures (TCFD) recommendations and International Financial Reporting Standards S2 Climate-related Disclosures Requirements (“IFRS S2”).

With the original aspiration of “Self-improvement, Teamwork, Performance, and Contribution to Society”, Fosun firmly believes in its commitment to developing business for good. While strengthening its business operations, Fosun continuously refines its sustainable development strategy to address changes in the global economy, society, and environment, ensuring long-term competitiveness while creating social value. Last year, Fosun formulated its sustainable development strategy, focusing on six key directions under “Create IMPACT”, which stands for I: Innovation-driven, M: Mindful Operation, P: People and Partner Oriented, A: Advanced Governance, C: Climate and Planet Positive and T: Transparency.

Actively driving global sustainable development and achieving outstanding ESG ratings

In 2024, Fosun continued to focus on its core businesses. By leveraging its increasingly sophisticated global business presence, it operated responsibly across more than 35 countries and regions, actively contributing to public welfare and creating sustainable value worldwide. Fosun has long been dedicated to philanthropy projects in areas such as rural revitalization, healthcare, educational equity, community construction, culture and art, significantly expanding its impact across global communities and striving to build a more responsible, inclusive and sustainable future.

As a responsible global citizen, Fosun officially joined the United Nations Global Compact (“UN Global Compact”) in 2014. It fully supports the ten principles of the UN Global Compact on human rights, labor, environment and anti-corruption, and has deeply integrated these principles into its “Create IMPACT” sustainable development strategy and code of conduct. Over the past year, despite the global environmental, social and economic uncertainties, Fosun remained committed to sustainable development, diligently upholding its long-term commitments in key areas of sustainable development, and achieving good results. Fosun International maintained an MSCI ESG rating of AA, achieved an HSI ESG rating of AA-, ranked in the top 5% among global peers in latest S&P Global’s Corporate Sustainability Assessment (CSA), was included in S&P Global’s Sustainability Yearbook 2025, and was selected as the top 1% in S&P Global’s Sustainability Yearbook (China Edition).

Actively responding to climate change and promoting low-carbon transformation

In response to climate change, the Group has transitioned from passive adaptation to active participation and innovation. At the top-level organizational structure, under the guidance of the Board of Directors (the “Board”) and the Carbon Neutrality Committee, Fosun International has achieved several key phased goals, such as incorporating carbon neutrality indicators into the performance appraisal of the management, establishing a carbon emission management system and audit standards, and conducting greenhouse gas inventory training across the Group. In terms of technology-driven low-carbon transformation, the Group has accelerated the adoption of low-carbon technologies, leveraging innovative technologies to drive the low-carbon transformation of the industrial chain and provide consumers with more sustainable products and services. In terms of financial innovation, in 2024, the Group successfully completed a sustainability-linked syndicated loan amounting to USD888 million, ranking among the top in similar loans for Chinese private enterprises. This achievement has effectively supported the implementation of the Group’s sustainable development strategy.

Fosun actively responds to the national “dual carbon” goals by promoting carbon neutrality and energy conservation and emission reduction. In 2021, Fosun made a commitment to society – “strive to peak carbon emissions by 2028 and achieve carbon neutrality by 2050”. Fosun has formulated strategies for climate change mitigation and adaptation to align with the 1.5°C temperature control target set in the Paris Agreement. As 2024 marked the final year before Hong Kong Stock Exchange’s New Climate Requirements came into effect, Fosun International proactively aligned with international standards such as TCFD and IFRS S2, and released its third Climate Information Disclosures Report, enhancing the transparency of its climate actions and demonstrating its commitment to ongoing efforts in this area.

The Group also actively encourages its member companies to carry out climate actions. The Bund Finance Center (BFC), the Group’s base in Shanghai and a landmark in Shanghai, was awarded the LEED Platinum certification, which is hailed as the “Oscar Award” in the green building industry, with a score of 97 points to set a new world record in 2022. During the reporting period, BFC maintained the LEED Platinum certification, showcasing BFC’s exceptional commitment to green building practices and promoting low-carbon sustainable development. In August 2024, BFC was successfully included in Shanghai’s first batch of carbon peaking and carbon neutrality pilot demonstration projects, becoming the only large-scale commercial complex exceeding 200,000 square meters on the list.

In 2024, Fosun Insurance Portugal (Fidelidade) participated in the 29th session of the Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change for the second consecutive year to discuss climate change response strategies and corporate responsibilities with industry peers. During the COP29, Fosun Insurance Portugal launched the Impact Center for Climate Change (ICCC), a platform for the study, research and sharing of knowledge with society. The ICCC promotes knowledge production in the field of climate risks and helps the insurance industry enhance its capacity to address climate change.

Leveraging innovation to actively contribute to society

Fosun adheres to the innovation-driven strategy, and the anticancer and antimalarial drugs developed by its health industries have widely benefited cancer patients and severe malaria patients. Henlius’ innovative drug, HANSIZHUANG (serplulimab injection), an anti-PD-1 monoclonal antibody, was approved for marketing in the European Union in early 2025. This milestone makes it the first and only PD-1 innovative drug approved for the first-line treatment of extensive-stage small cell lung cancer (ES-SCLC) in the European Union. As of the end of 2024, Fosun Pharma’s independently developed artesunate for injection had saved more than 80 million severe malaria patients worldwide, with more than 400 million doses supplied globally.

In the Chinese mainland, Fosun Kairos’ first CAR-T cell therapy product, Yi Kai Da (ejilunsai injection), had benefited over 800 lymphoma patients as of the end of 2024. Additionally, Intuitive Fosun’s Ion Robotic Bronchoscopy (“Ion System”) was approved by the National Medical Products Administration in 2024. Fosun has been actively fostering global win-win cooperation to enhance the accessibility and affordability of medical technologies, ensuring that more patients can benefit.

In order to better promote the fulfilment and implementation of corporate social responsibility, Fosun Foundation was established in 2012. It has been making unremitting efforts in the fields of global emergency relief, rural revitalization, health, education, culture and art, youth development, etc. to create social value. Among these initiatives, the Rural Doctors Program has supported 25,000 rural doctors and benefited 3 million rural families since its launch in 2017. Moreover, the “Rural Doctors Program Empowering Rural Medical Services” was included in the “20 Cases of Private Sector’s Sustainable Development in China for 20 Years” Report of the UN Global Compact.

Regarding youth entrepreneurship and development, under the principle of “Innovation and People-oriented Development”, Fosun Foundation, in collaboration with Fidelidade and Portugal’s healthcare group Luz Saúde, launched the sustainable innovation project “Protechting Global Youth Innovation and Entrepreneurship Competition” in early 2016. Since 2018, the Protechting competition has incubated 40 pilot projects and led to 5 commercial collaborations. On 9 April 2025, the 7th Protechting Global Youth Innovation and Entrepreneurship Competition took place in Lisbon, the capital of Portugal, where the top four finalists were announced. In May 2025, these four teams will visit Shanghai, Macau, Shenzhen, and Hong Kong for exchanges and roadshows, while also seeking potential business collaboration opportunities. Over the past seven years, the Protechting competition has expanded from Portugal to Europe and now to China and beyond, becoming an international platform for technology innovation exchange that connects young people from different cultures and continents.

Linking ESG performance to Board appraisal through a top-down, long-term ESG mechanism

Fosun has established a top-down and long-term mechanism for ESG improvement and has included ESG management performance as an evaluation factor in the Executive Directors’ performance assessment, and the ESG management performance appraisal mechanism is also extended to the CEOs of the Group and the personnel in charge of each business group. Fosun has set up an ESG Board Committee under the Board to assist the Board in guiding and overseeing the Group’s ESG development and implementation. At the management and decision level, Fosun has established an ESG Executive Committee under the management to provide decision support for the implementation of ESG strategies. At the implementation level, the Group has also set up an ESG Management Committee and an ESG Working Group to implement ESG strategies and related actions and ensure the establishment of appropriate and effective ESG risk management and internal control system.

Looking ahead, Fosun will continue to keep abreast of the development of the global sustainable development field, refine and enhance Fosun’s ESG management, actively respond to national strategies, implement “dual carbon” goals, promote rural revitalization, expand impact across global communities in areas such as healthcare, educational equity, community construction, culture and art. In operational management, Fosun will continue to promote initiatives such as ensuring information security, promoting technology innovation, and protecting employees’ rights and interests, which collectively drive the integration of sustainable practices and value creation. Leveraging the resources and advantages of Fosun’s global industrial ecosystem, Fosun endeavours to create a positive impact on sustainable development and continuously create a better world.

– End –

For more information on Fosun’s ESG, please refer to Fosun International’s ESG Report 2024 posted on the Hong Kong Stock Exchange’s website (http://www.hkexnews.hk)
or the Company’s ESG webpage (https://en.fosun.com/esg/)
The electronic copy of the 2024 Climate Information Disclosures Report is available on the Company’s ESG webpage: (https://en.fosun.com/esg/)

About Fosun

Fosun was founded in 1992. After more than 30 years of development, Fosun has become a global innovation-driven consumer group. Adhering to the mission of creating happier lives for families worldwide, Fosun is committed to creating a global happiness ecosystem fulfilling the needs of families worldwide in Health, Happiness, and Wealth. In 2007, Fosun International was listed on the main board of the Hong Kong Stock Exchange (stock code: 00656.HK). As of 31 December 2024, Fosun International’s total assets amounted to RMB796.5 billion and it received an AA MSCI ESG rating.