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Sciwind Biosciences Announces Ecnoglutide Injection Approved by China’s National Medical Products Administration (NMPA) for Chronic Weight Management

HANGZHOU, China, March 6, 2026 /PRNewswire/ — Hangzhou Sciwind Biosciences Co., Ltd. (“Sciwind”), a biopharmaceutical company focused on the discovery and development of innovative therapies for metabolic diseases, announced today that China’s National Medical Products Administration (NMPA) has approved Ecnoglutide injection for chronic weight management in Chinese adults with overweight or obesity.

Ecnoglutide injection is the world’s first approved cAMP-biased GLP-1RA for weight management. Through its unique biased mechanism, it achieves highly effective weight reduction in the Chinese population, with an average 15.1% placebo-adjusted weight loss, and 92.8% of patients reaching clinical meaningful weight loss. This marks a breakthrough in the field of weight management, and provides a precise new pathway for scientific, long‑acting and healthy weight loss.

Biased Mechanism for More Effective and Healthier Weight Loss

Based on the globally pioneering cAMP-biased GLP-1 receptor agonism mechanism, Ecnoglutide injection selectively activates the cAMP signaling pathway and minimizes β-arrestin recruitment, distinguishing it from conventional non-biased GLP-1RAs. This mechanism delivers potent and sustained weight loss with no obvious plateau phase, and supports concurrent improvement in metabolism and reduced chronic disease risk alongside weight reduction, perfectly aligning with the core goals of healthy weight management.

The Phase 3 clinical trial results of Ecnoglutide injection were formally published in The Lancet Diabetes & Endocrinology in June 2025, and were further highlighted in a special report by Nature. Its clinical findings have also been oral presented at the American Diabetes Association (ADA) Scientific Sessions and the Annual Meeting of the European Association for the Study of Diabetes (EASD), underscoring its innovative value in weight management.

15.1% Weight Loss at 48 Weeks: Sustained Effect, No Plateau and Comprehensive Benefits

The approval of Ecnoglutide injection for weight management is supported by the Phase 3 clinical trial (SLIMMER) conducted in Chinese adults with overweight or obesity.

  • Using the treatment policy estimand, at week 48, Ecnoglutide demonstrated dose-dependent weight loss, with the highest dose (2.4 mg) achieving a mean 15.4% (placebo-adjusted 15.1%) reduction from baseline and 92.8% of participants achieving clinically meaningful ≥5% weight loss – nearly seven times the placebo response rate. Notably, 79.6% and 63.5% of participants achieved ≥10% and ≥15% weight reduction, respectively, numerically exceeding results seen with other unbiased GLP-1 therapies in similar populations.
  • Patients in the Ecnoglutide groups continued to have weight loss at week 48 without reaching a plateau, indicating that even greater weight loss might be achievable with extended Ecnoglutide treatment.
  • Accompanied by clinically meaningful weight loss, Ecnoglutide treatment significantly improved other key cardiometabolic risk factors (including waist circumference, blood pressure, lipid profile, HbA1c, fasting glucose, insulin level, and HOMA-IR) along with a notable reduction in uric acid levels, up to 54.3 µmol/L, and lower hyperuricaemia incidence.
  • In addition, Ecnoglutide significantly reduced liver fat content. Among participants with a baseline liver fat content ≥ 8%, the mean percentage change from baseline in liver fat content at week 40 reached -53.1% in the Ecnoglutide 2.4 mg group. Furthermore, all Ecnoglutide doses demonstrated significantly greater reductions in liver enzyme concentrations compared to the placebo group.

“As the world’s first approved biased GLP‑1 receptor agonist, Ecnoglutide demonstrated the most pronounced weight‑loss efficacy in the SLIMMER study among all GLP‑1 receptor agonist trials for weight management conducted in China to date. ” said Dr. Linong Ji, Principal Investigator of the SLIMMER trial. ” Following 48 weeks of treatment, the Ecnoglutide group achieved a 15.4% reduction in body weight, and 92.8% of patients attained clinically meaningful weight loss. Given its superior efficacy, Ecnoglutide will provide a more potent treatment option for individuals in China with weight‑management needs upon approval.”

“The approval of Ecnoglutide injection for weight management is an important milestone for Sciwind in the metabolic disease area, and a breakthrough for China‑innovated drugs in the global GLP‑1 field. As the world’s first approved cAMP‑biased GLP‑1 receptor agonist, Ecnoglutide injection has now completed its strategic positioning for both weight management and type 2 diabetes indications. Sciwind is committed to delivering innovative therapies with robust weight loss and superior metabolic benefits to address long-unmet medical needs, providing a safer, more scientific and sustainable treatment option for patients with overweight and obesity in China and globally.” Said Dr. Hai Pan, the Founder and CEO of Sciwind Biosciences.

About Overweight and Obesity

The prevalence of overweight and obesity in China continues to rise. As an independent chronic disease and a major risk factor for multiple comorbidities, obesity has become a major public health issue and the sixth leading risk factor for death and disability in China. Obesity represents a multifaceted health challenge with far-reaching implications across multiple organ systems. Obesity related diseases encompass a broad spectrum of conditions including cardiovascular disease, T2DM, MASH, OSA and numerous other comorbidities. Lifestyle intervention remains the cornerstone of overweight and obesity management. When lifestyle modifications alone fail to achieve weight loss goals, pharmacotherapy may be used as combination treatment.

About Ecnoglutide

Ecnoglutide injection, originally discovered and developed by Sciwind Biosciences, is the world’s first approved cAMP-biased GLP-1 receptor agonist enhancing clinical efficacy and accessibility. Ecnoglutide injection has currently been approved for two indications in China: adult weight management with overweight or obesity and the treatment of adult type 2 diabetes. From Phase I through Phase III, Ecnoglutide injection has consistently demonstrated a favorable safety profile and strong efficacy, with the findings published in leading metabolic journals, underscoring its potential as a promising therapy for patients with metabolic diseases.

About Sciwind Biosciences

Sciwind Biosciences is a commercial-stage biopharmaceutical company, dedicated to addressing the unmet medical needs in the field of weight management and metabolic diseases. Sciwind has established a robust pipeline anchored by the lead asset, Ecnoglutide (XW003). It has developed multiple proprietary technology platforms, including biased agonist discovery platform, long-acting and oral peptide delivery platforms, and has identified a series of drug candidates based on these core technology platforms. Sciwind has built an extensive pipeline targeting GLP-1 and synergistic pathways, offering both injectable and oral treatment solutions to deliver sustainable and high-quality therapies for patients with metabolic diseases.

For more information, please visit www.sciwindbio.com.

 

Exploring the 40th Qinhuai Lantern Festival: International Youth Discover China in Nanjing

NANJING, China, March 6, 2026 /PRNewswire/ — A report from Nanjing Daily:

 

At the dawn of Spring Festival 2026, the 40th Qinhuai Lantern Festival has once again dressed Nanjing in dazzling brilliance. Along the historic Qinhuai River, radiant lanterns shimmer through the night, carrying the warmth and symbolism of the Chinese New Year while showcasing the city’s dynamic energy.

Over four decades, the Qinhuai Lantern Festival has grown from a local folk celebration into a globally recognized cultural icon. Blending centuries-old craftsmanship with contemporary creativity, it has become one of Nanjing’s most luminous calling cards to the world — a festival where heritage meets innovation, and tradition speaks in a modern voice.

What cultural “codes” lie behind the sea of lights? Why has this festival become a window through which global audiences encounter Nanjing? During their winter break, several international students from Southeast University set out in search of answers.

Driven by curiosity and a desire to better understand China beyond the classroom, they embarked on a self-guided “lantern quest”. As they wandered through lantern corridors, listened to artisans explain traditional techniques, and learned the meanings behind zodiac figures and symbolic motifs, the students began to see the festival not merely as spectacle, but as storytelling.

They discovered that each lantern reflects values deeply rooted in Chinese culture — family reunion, hope for prosperity, respect for history and optimism for the future. At the same time, cutting-edge lighting technology and interactive installations revealed a city confident in innovation and global dialogue.

“For me, this is more than a festival,” one student shared. “It’s a way to understand how Nanjing connects its past with its future, and how it welcomes the world.”

As they shared their experiences online and with friends back home, these young explorers became cultural bridges, carrying with them personal stories of a city illuminated not only by lanterns, but by openness and exchange.

In Nanjing, beneath the glow of the Qinhuai lights, discovering a festival becomes discovering China itself.

KuCoin Named Bitcoin Spot Growth Leader and Top Performer in CryptoQuant’s Annual Exchange Leader Report 2025

PROVIDENCIALES, Turks and Caicos Islands, March 6, 2026 /PRNewswire/ — CryptoQuant’s Annual Exchange Leader Report 2025 highlights KuCoin as one of the strongest growth performers among centralized exchanges, citing robust expansion across Bitcoin spot trading, overall spot activity, and derivatives markets.

Bitcoin Spot Growth Leader (+64%)

The report notes that Bitcoin spot trading growth in 2025 was led by mid-sized venues rather than the largest exchanges. KuCoin achieved a 64% increase in Bitcoin spot trading activity, earning recognition as one of the Bitcoin Spot Growth Leaders.

This performance indicates that KuCoin is capturing incremental Bitcoin market share from top-tier platforms amid shifting trading dynamics.

Top 3 in Overall Spot Trading Growth (+51%)

Across total spot trading activity, KuCoin recorded a 51% growth rate, placing it among the top three exchanges globally in spot trading expansion.

Derivatives Strength: Top 2 in Altcoin-Oriented Perpetual Trading

In derivatives markets, the report highlights KuCoin’s strong positioning in altcoin-oriented perpetual trading. Together with long-tail “other altcoins” and the top-eight altcoins by market capitalization, these products represent over 50% of KuCoin’s perpetual trading volume.

KuCoin ranks among the top two exchanges globally in this segment, reflecting its strength in diversified derivatives liquidity beyond Bitcoin and Ethereum.

Expanding Fiat Liquidity Footprint

The report also observes that local-currency leadership outside USD markets is increasingly regional and concentrated. KuCoin has been strengthening its fiat footprint, with improving liquidity in AUD, EUR, and BRL, building a more competitive presence across these markets.

BC Wong, CEO of KuCoin, commented:

“Growth in digital asset markets must be grounded in structure, transparency, and compliance. We view sustained expansion in spot and derivatives trading not as a short-term outcome, but as the result of long-term investment in liquidity infrastructure, product depth, and risk management standards. As we continue strengthening our fiat channels and transparency framework, our priority remains building a secure and compliant environment that supports responsible participation in global markets.”

CryptoQuant’s 2025 report underscores the growing importance of multi-dimensional evaluation metrics — including transparency, reserve structure, trading mix balance, and growth — in assessing exchange strength beyond headline volume figures. Read the full report here.

About KuCoin

Founded in 2017, KuCoin is a leading global crypto platform trusted by over 40 million users across 200+ countries and regions. The platform delivers innovative and compliant digital asset services, offering access to 1,000+ listed tokens, spot and futures trading, institutional wealth management, and a Web3 wallet.

Recognized by Forbes and Hurun, KuCoin holds SOC 2 Type II and ISO 27001:2022 certifications, underscoring its commitment to top-tier security. With AUSTRAC registration in Australia and a MiCA license in Austria, KuCoin continues expanding its regulated footprint under CEO BC Wong, building a reliable and trusted digital-asset ecosystem.

Learn more: www.kucoin.com

Local government agencies honoured at GeoInnovation Singapore 2026

Key highlights:

  • URA, LTA and PUB recognised for geospatial innovation advancing urban planning, transport and water management.
  • GeoInnovation Singapore 2026 brings together over 160 Geographic Information System (GIS) professionals from government, industry, academia and the geospatial community.
  • The event showcases AI, real time spatial analytics, digital twins, climate resilience and the growing importance of geospatial capability in national infrastructure planning.

SINGAPORE, March 6, 2026 /PRNewswire/ — More than 160 representatives from government, industry, academia, and the geospatial community came together today at GeoInnovation Singapore 2026, Esri Singapore’s flagship national event showcasing how location intelligence, is shaping a more future-ready nation.

A key feature of the event was the GeoInnovation Awards 2026, which recognises organisations using geospatial insight to improve public and community outcomes. This year’s awards went to the Urban Redevelopment Authority (URA), national water agency PUB and the Land Transport Authority (LTA).

URA was recognised for advancing coordinated underground planning for major infrastructure projects through its Infrastructure Network Planning and Alignment Clearance (INPAC) platform. Developed in close partnership with appointed lead implementing agencies, this centralised Whole-of-Government digital map system of underground utilities leverages utility records and advanced mapping technologies to enhance the coordination of underground infrastructure planning. By providing a unified, clear and reliable spatial reference, INPAC empowers stakeholders to make timely, well-informed decisions. This collective approach helps mitigate potential conflicts with existing utilities early in the planning process thereby reducing unnecessary delays and disruptions while fostering greater alignment and efficiency across agencies.

“INPAC reflects the strong spirit of collaboration and shared commitment among stakeholders to enhance the planning of underground infrastructure. By enabling everyone to clearly visualise proposed works alongside existing utilities records on a unified consultation platform, we have significantly strengthened multi-agency coordination to deliver more efficient and effective outcomes. This is an important step forward in helping Singapore to optimise the use of our limited underground space in the long term.” said Mr Vijay Das, URA Group Director (Infrastructure Planning Authority).

LTA was recognised for broadening access to spatial intelligence through AskIgnite, an AI- enabled GIS assistant that lets officers query and analyse spatial data using natural language questions. With this tool, LTA officers can quickly pull together and make sense of data without relying on GIS specialists or manual data collection.

The platform accelerates planning and operational decision making, helping LTA respond more efficiently to commuter needs and infrastructure feedback. Bringing geospatial data from different teams and agencies into one shared system also supports a more coordinated approach. It reflects the growing collaboration between agencies, technology partners, and solution providers around the practical and responsible use of AI in Singapore’s public sector.

Through the use of Gen-AI in Geographical Information System, AskIgnite makes spatial insights accessible to more people across our organisation, enabling faster and better informed decisions in planning, operation and service delivery. said LTA Group Director for IT, Cybersecurity & Digital Services, Peter Quek.

PUB was also recognised with a GeoInnovation Award for modernising its enterprise GIS and migrating the national water network to the Utility Network model. The advanced GIS capabilities such as network tracing enabled teams to better understand connectivity and potential impacts, strengthening PUB’s ability to respond to operational incidents and planning scenarios involving Singapore’s water infrastructure.

“This supports more informed decision-making and enhances water infrastructure planning, improving our operational readiness through timely assessment of risks that may impact our water conveyance networks, contributing to greater overall system resilience”, said Mr Lim Kim Shin, PUB’s Chief Information Officer

Throughout the event, speakers discussed shared national priorities such as climate resilience, real time spatial analytics, digital twins, trusted AI, and geospatial workforce development, highlighting how spatial intelligence supports Singapore’s long term digital, environmental and infrastructure strategies.

“GeoInnovation Singapore brings together the full ecosystem, agencies, industry partners, engineers, tech innovators and educators, all working towards the same goal: a smarter, more resilient and future ready nation,” said Joe Lee, CEO, Esri Singapore. “URA, PUB and LTA’s achievements show the power of location intelligence when agencies and industry collaborate. Esri Singapore is committed to strengthening the foundations that help Singapore innovate confidently and with public trust at the centre.”

About GeoInnovation Singapore

GeoInnovation Singapore is a national platform for leadership dialogue, cross sector collaboration, and geospatial capability development. The event highlights innovative uses of location intelligence across government, industry and academia, supporting Singapore’s long-term infrastructure, environmental and digital priorities.

About Esri Singapore

Esri Singapore is the nation’s leading geospatial solutions provider and the exclusive distributor of Esri’s world leading ArcGIS technology. As part of the Boustead Geospatial Group, Esri Singapore enables public agencies and enterprises to harness location intelligence for smarter operations, better decision making and stronger national resilience.

Over 110 Exchanges unite for this year’s Ring the Bell for Gender Equality

NEW YORK, March 6, 2026 /PRNewswire/ — In celebration of International Women’s Day on 8 March 2026, stock exchanges around the world will once again take part in the 12th annual Ring the Bell for Gender Equality campaign, jointly organised by the International Finance Corporation (IFC), UN Global Compact, UN Sustainable Stock Exchanges (SSE) Initiative, UN Women, and the World Federation of Exchanges (WFE).

Under this year’s International Women’s Day theme, “Rights. Justice. Action. For ALL Women and Girls,” the campaign calls on capital markets to strengthen transparency, accountability and incentives that support women’s rights and economic empowerment, ensuring markets work for women and girls everywhere.

Over 110 stock exchanges around the globe will host bell-ringing ceremonies and related activities that draw attention to the critical role the private sector plays in advancing gender equality and achieving the Sustainable Development Goals (SDGs). These events provide an opportunity for collective action across markets, with participating exchanges invited to consider concrete measures to continue promoting equality between women and men and women’s economic participation. Find a list of all participating exchanges here.

The initiative also highlights the Women’s Empowerment Principles (WEPs), a set of global best practices developed by UN Women and the UN Global Compact to help businesses advance gender equality and women’s empowerment in the workplace, marketplace, and community. Building on this framework, the UN SSE, UN Women, and the IFC recently published a WEPs-based analysis of gender equality disclosure metrics, underscoring the need for greater transparency and standardisation of sex-disaggregated information to support the rights of women and girls.

About Ring the Bell for Gender Equality

Launched in 2015 by the UN Global Compact, UN SSE and UN Women, the Ring the Bell for Gender Equality campaign has grown from a small number of participating stock exchanges to a global series of coordinated events uniting exchanges with investors, regulators, issuers and civil society. Since 2016, the initiative has been expanded to include the IFC and the World Federation of Exchanges among its organising partners.

Together, these global partners aim to raise awareness of the pivotal role that financial markets and the broader private sector play in driving equality of women and men —encouraging exchanges and companies to implement practices that improve women’s access to finance, participation in leadership, and economic opportunity.

About our Partner Organizations

International Finance Corporation (IFC)

IFC — a member of the World Bank Group — is the largest global development institution focused on the private sector in emerging markets. We work in more than 100 countries, using our capital, expertise, and influence to create markets and opportunities in developing countries. In fiscal year 2025, IFC committed a record $71.1 billion to private companies and financial institutions in developing countries, leveraging private sector solutions and mobilizing private capital to create a world free of poverty on a livable planet. For more information, visit www.ifc.org. Follow us on our social media platforms: www.ifc.org/SocialMediaIndex

The Sustainable Stock Exchanges initiative

The SSE initiative is a UN Partnership Programme organised by UNCTAD, the UN Global Compact, UNEP FI and the PRI. The SSE’s mission is to provide a global platform for exploring how exchanges, in collaboration with investors, companies (issuers), regulators, policymakers and relevant international organizations, can enhance performance on ESG (environmental, social and corporate governance) issues and encourage sustainable investment, including the financing of the UN Sustainable Development Goals. The SSE seeks to achieve this mission through an integrated programme of conducting evidence-based policy analysis, facilitating a network and forum for multi-stakeholder consensus-building, and providing technical assistance and advisory services. To learn more about becoming a Partner Stock Exchange or participating as a regulator or investor, visit sseinitiative.org. Follow us on LinkedIn

United Nations Global Compact

The ambition of the UN Global Compact is to accelerate and scale the global collective impact of business by upholding the Ten Principles and delivering the SDGs through accountable companies and ecosystems that enable change. With more than 20,000 participating companies, 5 Regional Hubs, 66 Country Networks covering 85 countries and 9 Country Managers establishing Networks in 16 other countries, the UN Global Compact is the world’s largest corporate sustainability initiative — one Global Compact uniting business for a better world. For more information, follow @globalcompact on social media and visit our website at unglobalcompact.org.

United Nations Entity for Gender Equality and the Empowerment of Women (UN Women)

UN Women is the UN organization dedicated to gender equality and the empowerment of women. A global champion for women and girls, UN Women was established to accelerate progress on meeting their needs worldwide. UN Women supports UN Member States as they set global standards for achieving gender equality and works with governments and civil society to design laws, policies, programmes and services needed to ensure that the standards are effectively implemented and truly benefit women and girls worldwide. It works globally to make the vision of the Sustainable Development Goals a reality for women and girls and stands behind women’s equal participation in all aspects of life. In collaboration with the UN Global Compact, UN Women engages the private sector through the Women’s Empowerment Principles (WEPs) — a global framework and engagement platform to advance gender equality and women’s empowerment in the workplace, marketplace, and community. As of 2025, WEPs has attracted over 10.000 CEOs and their companies in 190 countries to accelerate this agenda. UN Women also coordinates and promotes the UN system’s work in advancing gender equality. Learn more at: www.unwomen.org and www.weps.org Follow us on Twitter @UN_Women, @WEPrinciples and on LinkedIn: UN Women, WEPs.

About the World Federation of Exchanges (WFE):

Established in 1961, the WFE is the global industry association for exchanges and clearing houses. Headquartered in London, it represents over 250 market infrastructure providers, including standalone CCPs that are not part of exchange groups. Of our members, 37% are in Asia-Pacific, 44% in EMEA and 19% in the Americas. WFE’s 87 member CCPs and clearing services collectively ensure that risk takers post some $1.3 trillion (equivalent) of resources to back their positions, in the form of initial margin and default fund requirements. WFE exchanges, together with other exchanges feeding into our database, are home to over 51,000 listed companies, and the market capitalisation of these entities is over $110 trillion; around $140 trillion (EOB) in trading annually passes through WFE members (at end 2024).

The WFE is the definitive source for exchange-traded statistics and publishes over 350 market data indicators. Its free statistics database stretches back 49 years and provides information and insight into developments on global exchanges. The WFE works with standard-setters, policy makers, regulators and government organisations around the world to support and promote the development of fair, transparent, stable and efficient markets. The WFE shares regulatory authorities’ goals of ensuring the safety and soundness of the global financial system.

With extensive experience of developing and enforcing high standards of conduct, the WFE and its members support an orderly, secure, fair and transparent environment for investors; for companies that raise capital; and for all who deal with financial risk. We seek outcomes that maximise the common good, consumer confidence and economic growth. And we engage with policy makers and regulators in an open, collaborative way, reflecting the central, public role that exchanges and CCPs play in a globally integrated financial system. Website: www.world-exchanges.org.

Soul App Releases International Women’s Day Report: Gen Z Women Unplugging to Thrive

SHANGHAI, March 6, 2026 /PRNewswire/ — International Women’s Day is an annual occasion to extend blessings to women around the world. Recently, Soul App, a leading AI+ immersive social platform in China, together with its research arm Just So Soul Institute, published the Soul App Report on the Life Status and Self-Pleasing Consumption of Gen Z Women. Drawing on a validated sample of 2,618 female users, 97% of whom belong to Generation Z, the report shows that today’s young women are increasingly prioritizing internal order over external labels.

I. Rediscovering the Authentic Self

Over 60% of respondents said they feel indifferent toward labels like “queen.” That sentiment is especially pronounced among post-2000s women, where only 16.12% find such terms appealing. The findings point to a growing wariness among young women about excessive labeling. Rather than outright rejecting festive greetings, they simply want to be seen and understood as authentic individuals.

In terms of lifestyle, more than 87% of respondents agree that taking an “intermittent mental pause” is a necessary form of psychological self-care. When energy reserves run low, “unplugging” becomes a necessity. Whether through solitary strolls or an information detox, Gen Z women are prioritizing mental well-being as a way to reset their pace. For them, a pause is not a withdrawal; it is a replenishment. It is the essential gathering of strength for the long haul.

When it comes to personal growth, only 10.89% of respondents maintain a high frequency of skill-based investments. Most prefer to plan their development at their own pace. They do not shy away from competition or progress, but seek a balance between realistic conditions and personal goals, emphasizing steady advancement over blind conformity. It’s worth noting that, according to the data, Gen Z women are particularly drawn to narratives about empowered women and are looking for more inspiring figures to look up to.

II. Heart over Hype

The sample predominantly consists of women who are either still in school or in the early stages of their careers. Yet, they demonstrate considerable maturity in value judgment and boundary setting.

The report shows that 70% of post-2000s women consider “comfort and a sense of meaning in work” as important factors. In the context of widespread AI adoption, more than half of respondents earning over RMB 10,000 per month frequently use AI tools to enhance efficiency. At the same time, 47% believe that automated performance evaluations may negatively impact their sense of well-being, and over two-thirds actively seek ways to reduce algorithmic interference in their lives.

These women embrace AI-driven efficiency without sacrificing independent judgment. They refuse to be shaped by algorithms, insisting that technology should offer both utility and warmth.

Furthermore, 48% of respondents identify inner alignment as the cornerstone of personal growth. This internal shift is fueled by tangible self-investment: half of those surveyed view spending on new skills as a vital safety net. For them, growth is an intentional pursuit on their own terms, rather than a reactive escape from peer pressure.

III. The Evolution of Self-Pleasure

For today’s women, self-pleasure is undergoing a profound shift. Moving past the checkout counter, it now represents a proactive stance on mental health and personal balance.

The report reveals that 59.23% of post-2000s women are investing in “small, frivolous joys,” such as stress-relief toys and aromatherapy. These “self-pleasing” purchases act as an “emotional band-aid,” providing a vital buffer to restore mental energy. Notably, 65.92% of the respondents reported spending over RMB 2,000 on such purchases. For many, these modest indulgences are more than just shopping; they are intentional acts of emotional recharge and self-repair.

The report also highlights a structural shift in aesthetic awareness. Interestingly, 37.27% of women in lower-tier cities identify “aesthetic expression” as a core spending priority — outpacing their counterparts in first-tier hubs. This suggests that, even in contexts with varying resources, aesthetic expression remains an important form of self-affirmation. For these women, clothing choices and personal interests are not about keeping up with others, but about defining who they are in a complex world.

Ending

Soul App, a key hub for young users, has long championed the value shifts within its community. For the platform, International Women’s Day is a call for empathy and insight. By grounding its report in real-world perspectives, Soul App helps shape a more inclusive conversation, spotlighting the multifaceted lives of women today.

M45 Capital Partners Appoints Gordon Yeo as Partner to Lead Public Equities and Research

Appointment strengthens the firm’s research platform and supports expansion into direct investments across public and private markets

SINGAPORE, March 6, 2026 /PRNewswire/ — M45 Capital Partners, a Singapore-based multi-asset investment platform focused on disciplined long-term capital compounding, today announced the appointment of Gordon Yeo as Partner and Head of Public Equities & Fundamental Research, strengthening the firm’s investment leadership as it continues to expand its investment platform.

Gordon brings more than 14 years of institutional public equities experience to M45. Prior to joining the firm, he spent over 14 years at Arisaig Partners, a highly regarded, research-driven Asian equities investment firm backed by leading global institutional investors. During his tenure, Gordon served as Co-CEO, Partner and Chair of the Investment Committee, overseeing a long-term public equity strategy with peak assets under management of approximately US$5 billion.

At M45, Gordon will lead the firm’s public equities platform, including the development and management of the M45 Global Compounder Fund, an unconstrained global public equity strategy designed to serve as a core allocation for long-term capital. The strategy focuses on durable businesses, strong capital allocators and structural value chains capable of compounding capital over extended periods.

In addition to leading public equities, Gordon will oversee the firm’s fundamental research function, integrating insights across public markets, private investments and credit. This cross-asset perspective is central to M45’s investment philosophy and strengthens the firm’s ability to identify opportunities across both listed and private markets.

Gordon’s appointment also deepens the firm’s sector and company-level research capabilities, reinforcing M45’s ability to originate, evaluate and execute direct and co-investment opportunities across both public and private markets. By further enhancing its research platform, the firm aims to generate differentiated insights that can be applied across the capital structure.

Jason Kang, Founding Partner and Chief Investment Officer of M45 Capital Partners, said:

“We are delighted to welcome Gordon to M45. He brings deep institutional investing experience, a rigorous research mindset and a long-term approach to capital allocation that aligns closely with the philosophy we are building at the firm. Gordon has spent more than a decade investing in high-quality businesses and leading investment teams at scale. His addition significantly strengthens our investment platform and positions us well as we continue to expand our capabilities across both public and private markets.”

Gordon Yeo, Partner and Head of Public Equities & Fundamental Research, added:

“M45 is building an investment platform centred on disciplined capital compounding and thoughtful risk management across cycles. By combining deep company research with insights drawn from both public and private markets, we believe we can develop a differentiated approach to long-term capital allocation for our partners.”

Alongside Gordon’s appointment, M45 plans to expand its investment team as the firm continues to deepen its research and investment capabilities. The firm is investing in talent and infrastructure to support its ambition of delivering a truly differentiated, institutional-grade investment platform for families and long-term investors across Singapore and the broader region.

About Gordon Yeo

Gordon Yeo is Partner and Head of Public Equities & Fundamental Research at M45 Capital Partners. Prior to joining M45, he spent over 14 years at Arisaig Partners, where he served as Co-CEO, Partner and Chair of the Investment Committee, overseeing a long-term public equity strategy with peak assets of approximately US$5 billion. Gordon has extensive experience investing in high-quality businesses across Asia and global markets and has led investment teams across Singapore, Mumbai and London.

About M45 Capital Partners

M45 Capital Partners is a multi-asset investment platform built around one core principle: capital should compound with discipline across cycles. The firm allocates across global public equities, private markets and credit, combining deep fundamental research with a cross-asset perspective. By integrating insights from operators, lenders, allocators and capital markets, M45 aims to deliver superior long-term capital allocation outcomes for partners who value clarity, discipline and institutional standards of governance.

M45 currently manages capital for leading Asian institutions, established Asian family offices, and private clients, reflecting a platform that is already trusted by long-term partners. The firm operates across both investment management and wealth management, combining institutional investment capabilities with holistic portfolio solutions for long-duration capital.

VinFast Signs MoUs to Supply 20,000 Electric Vehicles to Transportation Partners in Indonesia


JAKARTA, INDONESIA – Media OutReach Newswire – 6 March 2026 – VinFast has signed two Memoranda of Understanding (MoUs) with transportation solution providers PT. Satu Kosong Tujuh and PT Sembilan Benua Abadi for the planned supply of a total of 20,000 VinFast electric vehicles by 2028. The agreements mark a significant milestone in VinFast’s strategy to expand its green mobility ecosystem in Indonesia, while reinforcing the Company’s credibility, market influence, and role in accelerating the electrification of transportation across Southeast Asia.

Representatives of VinFast and its partners PT. Satu Kosong Tujuh and PT. Sembilan Benua Abadi at the signing ceremony of the MoU to supply 20,000 VinFast electric vehicles for transportation services in Indonesia.
Representatives of VinFast and its partners PT. Satu Kosong Tujuh and PT. Sembilan Benua Abadi at the signing ceremony of the MoU to supply 20,000 VinFast electric vehicles for transportation services in Indonesia.

Under the MoUs, PT Sembilan Benua Abadi is expected to purchase 10,000 VinFast EVs by the end of 2027, while PT. Satu Kosong Tujuh plans to acquire 10,000 units by the end of 2028. The vehicles will include the Nerio Green (C-SUV) and the Limo Green (7-seat MPV). All vehicles will be deployed for commercial transportation services, maximizing the operational efficiency, cost advantages, and environmental benefits of VinFast’s electric models.

Nerio Green and Limo Green belong to the Green brand, which VinFast has developed and optimized specifically for commercial service operations. Nerio Green is adapted from the VF e34, the first model introduced by VinFast in the Indonesian market, and stands out with its modern urban design, spacious interior, and advanced technology features.

Meanwhile, Limo Green is the newest addition to the Green lineup launched in Indonesia. Measuring 4,740 x 1,872 x 1,728 mm with a wheelbase of 2,840 mm, Limo Green offers a spacious three-row configuration tailored to high-intensity passenger transport needs. Equipped with a durable LFP battery, the vehicle delivers a driving range of up to 450 km on a full charge, optimizing operating cycles and minimizing downtime.

By deploying VinFast’s electric fleet, PT. Satu Kosong Tujuh and PT Sembilan Benua Abadi will not only enhance fleet quality, maximize utilization efficiency, and reduce emissions, but also contribute to fostering green mobility habits within the community. The model is expected to generate a strong ripple effect, as Indonesian consumers gain direct, everyday exposure to the smooth, modern, and smart driving experience of electric vehicles.

PT. Satu Kosong Tujuh and PT Sembilan Benua Abadi are reputable transportation solution providers in Indonesia. With extensive operational experience and deep local market expertise, both companies are well-positioned to deploy large-scale electric fleets, optimize operational networks, and effectively reach target customer segments.

Mr. Nirzam Pahmi, SE, MM, President Director of PT. Satu Kosong Tujuh, said: “We have strong confidence in VinFast and its potential to build a comprehensive, inclusive, and accessible electric mobility ecosystem. This agreement aligns with our long-term vision of transitioning to fully electric vehicles and proactively embracing the green transformation trend across the region and globally.”

Mr. Wempy Suciadi, CEO of PT Sembilan Benua Abadi, stated: “We are impressed with Nerio Green and Limo Green not only for their product quality but also for the sustainable development vision they represent. These models are highly promising solutions that align with the practical needs of consumers amid the transition toward green transportation.”

Mr. Kariyanto Hardjosoemarto, CEO of VinFast Indonesia, shared: “We are honored to collaborate with reputable partners in Indonesia to accelerate EV adoption and advance the green transition. Partnering with experienced enterprises that possess deep local market understanding will enable VinFast to rapidly expand market coverage and bring modern mobility solutions closer to Indonesian consumers.”

After over two years of presence in Indonesia, VinFast has quickly established a structured and comprehensive development foundation. The Company is currently offering a full product lineup spanning entry-level to mid- and high-end segments, including VF 3, VF 5, VF e34, VF 6, VF 7, and VF MPV 7, as well as Green models such as Limo Green. This diversified portfolio allows partners to flexibly select vehicles suited to different service models, while enabling Indonesian consumers to access electric vehicles across various price points.

VinFast has also commenced operations at its Subang plant, underscoring its long-term investment commitment and direct contribution to the local value chain. In parallel, the Company continues to expand its ecosystem through the development of a nationwide dealership and after-sales service network; the rollout of an extensive charging infrastructure in partnership with V-Green; and strategic collaborations with leading banks and financial institutions to provide optimized financing solutions for customers.

Through flexible and pioneering policies, from financial support to warranty and after-sales programs, VinFast is progressively creating favorable conditions for Indonesian consumers to participate in the green mobility revolution./.

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