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iHeartMedia Teams Up With The Martin Luther King III Foundation and Legacy+ To Launch New Groundbreaking “My Legacy” Podcast Highlighting Iconic Changemakers

Hosted by Martin Luther King III, Arndrea Waters King, Craig Kielburger and Marc Kielburger, the podcast explores the defining moments and untold struggles shaping the legacies of extraordinary leaders

Launching on MLK Day, podcast guests include Mel Robbins, Dr. Sanjay Gupta, David Oyelowo, Billy Porter, Martin Sheen, and many more

In celebration of Dr. Martin Luther King, Jr.’s legacy, iHeartMedia will award a $5 Million Spotlight Media Grant to ‘Realize the Dream’

NEW YORK, Jan. 16, 2025 /PRNewswire/ — iHeartMedia, The Martin Luther King III Foundation and Legacy+ today announced “My Legacy,” a groundbreaking new iHeartPodcast series that will offer listeners an intimate look into the stories behind the personas of beloved public figures and influential leaders. Hosted by Martin Luther King III, human rights activist Arndrea Waters King, Legacy+ Founder Craig Kielburger and social entrepreneur Marc Kielburger, “My Legacy” will premiere on Monday, January 20, 2025 and will join iHeart’s Sunday Night Podcasts programming lineup which airs highly-anticipated iHeartPodcasts across select broadcast radio stations nationwide in the US each Sunday. Listeners can hear the official audio trailer here now. 

Debuting on Martin Luther King Jr. Day, the weekly “My Legacy” podcast will bring listeners transformative conversations with luminaries such as Mel Robbins, Dr. Sanjay Gupta, David Oyelowo, Billy Porter, Martin Sheen, and others. These notable figures will be joined by a loved one or trusted confidante who knows them best – family members, friends and mentors, offering new perspectives on the trials, triumphs and truths behind their incredible journeys. Through candid reflections, the series will uncover how their stories of resilience and growth contributed to building their living legacies and a fulfilled life. New episodes will be available on Mondays.

“‘My Legacy’ is a celebration of the bold decisions and crucial moments that shape the stories of extraordinary individuals,” said Will Pearson, President of iHeartPodcasts. “By honoring Dr. King’s legacy through powerful and unique narratives, we hope to inspire listeners to reflect on their own impact and the lasting change they can create in the world.”

“Every person has a story, and it’s in sharing those stories that we find the threads connecting us all,” said Martin Luther King III. “‘My Legacy’ is about uncovering the untold moments that define us and connecting with the humanity in every voice.”

“‘My Legacy’ shines a light on the resilience and love that shape our lives, reminding us that each of us has the power to create a fulfilled life,” added Arndrea Waters King.

The co-produced “My Legacy” podcast joins the ‘Realize the Dream’ initiative to foster unity and empower communities across America – a movement inspired by the late Dr. Martin Luther King, Jr.’s vision to create a society rooted in peace, justice, equality and love for all.  As part of the celebration of Dr. Martin Luther King, Jr.’s legacy, iHeartMedia will award a $5 million Spotlight Media Grant to the ‘Realize the Dream’ Movement to help inspire communities across the U.S. to perform 100 million hours of service before the 100th anniversary of Dr. King’s birth on January 15, 2029. iHeart launched the Spotlight Media Grant Program in 2020 to support organizations making a positive impact within the communities iHeart serves.

My Legacy” is distributed by iHeartPodcasts and will be available on the iHeartRadio app and wherever podcasts are heard. It is created by Executive Producer Suzanne Hayward, who spent over a decade as a senior producer for The Oprah Winfrey Show.

COVER ART: Download Official Artwork Link here.

About The Hosts:
Martin Luther King III is a global human rights advocate and the eldest son of Dr. Martin Luther King Jr. and Coretta Scott King. A champion for nonviolence and social justice, he has inspired millions, advised heads of state, and led civil rights initiatives on nearly every continent. Martin served two terms on the Fulton County Board of Commissioners before leading the Southern Christian Leadership Conference, which was founded by his father. He continues his father’s legacy through his work with the Drum Major Institute, focusing on poverty, racism and militarism.

Arndrea Waters King is president of the Drum Major Institute and a passionate advocate for social justice and equality. She organized the first National Conference on Hate Crimes and Hate Violence, partnering with over one hundred national organizations. Arndrea’s work with the Center for Democratic Renewal (formerly known as the National Anti-Klan Network) and civil rights icon Dr. C.T. Vivian, a lieutenant of Dr. Martin Luther King Jr., has been instrumental in advancing civil rights. She coauthored When Hate Comes to Town: Faith-Based Edition and has written numerous articles and publications. She has spoken before mass crowds as a champion of democracy, justice and human dignity.

Marc Kielburger is a New York Times bestselling author, Harvard graduate, Rhodes Scholar and Oxford-trained lawyer. With thirty years as a movement builder and social entrepreneur, he’s collaborated with leaders like Oprah Winfrey and brands like Virgin Group, headlining over 130 live events to inspire millions. A member of the Order of Canada and recipient of ten honorary doctorates, Marc has been named Canada’s Most Admired CEO in the public sector.

Craig Kielburger is a New York Times bestselling author, humanitarian and social entrepreneur. An expert at driving movements for scalable social change and building mission-driven brands, he co-founded Legacy+ with his brother. Craig has received the Nelson Mandela Human Rights Award, the World Children’s Prize and is a member of the Order of Canada. He holds fifteen honorary doctorates and remains a leading voice in global social change.

About My Legacy
My Legacy is a vibrant global community that empowers individuals to live their best lives and lives larger than themselves. Our connection platform offers an array of tools, resources, education and inspiration designed to light a path toward the most sought- after yet elusive state of being: fulfillment. To learn more, visit mylegacy.com. 

About Realize the Dream
Realize the Dream is a bold movement to rally communities to perform one hundred million hours of service by the one hun­dredth anniversary of Martin Luther King Jr.’s birth. It’s a call for us all to reach out to people and causes in need—and make a dif­ference through acts of love, compassion and goodwill. Get started at RealizeTheDream.org.

About The Martin Luther King III Foundation
The Martin Luther King III Foundation is an organization dedicated to building up to a new culture of compassion, trust, dignity, acceptance and love through ideas, words and insights. Leading the way in representing the three values: justice, equity and peace.

About Legacy+
Legacy+ is a foundry of strategists, designers, creators, storytellers and innovators that brings purpose to life for companies, founda­tions and individuals. It builds real movements and legacy-driven projects with life-changing impacts for people and communities around the world. They have partnered with globally renowned thought leaders, activists, CEOs, entertainers, athletes, celebrities and more to inspire millions. Learn more at LegacyPlus.org.

About iHeartMedia
iHeartMedia, Inc. [Nasdaq: IHRT] is the leading audio media company in America, with 90% of Americans listening to iHeart broadcast radio every month. iHeart’s broadcast radio assets alone have a larger audience in the U.S. than any other media outlet; twice the size of the next largest broadcast radio company; and over four times the ad-enabled audience of the largest digital only audio service. iHeart is the largest podcast publisher according to Podtrac, with more downloads than the next two podcast publishers combined, has the most recognizable live events across all genres of music, has the number one social footprint among audio players, with seven times more followers than the next audio media brand, and is the only fully integrated audio ad tech solution across broadcast, streaming and podcasts. The company continues to leverage its strong audience connection and unparalleled consumer reach to build new platforms, products and services. Visit iHeartMedia.com for more company information.

For more information contact:
Jenn Powers at JennPowers@iheartmedia.com 

Origin Agritech Showcases Advanced Biotechnology Capabilities and Announces Landmark Partnership at International Seed Industry Conference

SANYA, China, Jan. 16, 2025 /PRNewswire/ — Origin Agritech Ltd. (NASDAQ: SEED) (the “Company” or “Origin”), a leading Chinese agricultural technology company, today announced significant advances in its biotechnology breeding program and a groundbreaking partnership during the 4th Sanya International Seed Industry Scientist Conference and 2025 International Seed Industry Technology Expo.

During his keynote presentation at the conference’s Corn Seed Forum, Origin CEO Yan Weibin outlined the Company’s strategic vision and latest achievements. “Building long-term strengths and becoming a high-tech seed service company led by biotechnology is Origin’s first consideration,” stated Mr. Yan. “We are committed to developing into an international seed enterprise with strong scientific research capabilities, team strength, market awareness, variety portfolio, and service capabilities.”

In a significant development, Origin announced a three-way partnership with China Agricultural University, the world’s top-ranked institution in agricultural science, and the Beijing Academy of Agricultural and Forestry Sciences. This partnership establishes a comprehensive research and development initiative focused on corn “smart plant type” improvement and innovative variety development.

“By uniting the strengths of these prestigious institutions with Origin Agritech’s biotechnology capabilities, we are creating a powerhouse for agricultural innovation,” said Yan. “This partnership represents a collaboration that will reshape the future of corn development and smart plant technology.”

Key Achievements and Capabilities:

  • Establishment of four provincial and ministerial R&D platforms with research bases in Beijing, Hainan, and Henan
  • Development of a large-scale corn genetic platform for efficient functional gene exploration
  • Creation of the world’s first corn haploid induction line Hi3 gene editing technology system in collaboration with “Science Exploration Award” winner Professor Tian Feng
  • Accumulation of nearly 300,000 corn germplasm resources
  • Authorization for multiple gene editing traits, including leaf angle, plant height, and rust resistance
  • Obtaining the second-generation BT and GT GMO corn BBL2-2 biosafety certificate in May 2024
  • Establishing the “Origin Marker Biological Breeding Service Consortium” with China Golden Marker Biotechnology Co., Ltd. and launching four comprehensive biotechnology services: BBL2-2 transgenic applications, molecular marker and variety improvement, gene editing trait improvement, and corn mutant library applications

China’s seed industry is at a crucial juncture in biotechnology breeding,” added Mr. Yan. “Origin is committed to continuing our substantial R&D investments and providing leading biotechnology services for the seed industry while embracing digital and information technologies to enable multi-dimensional industrial development.”

Images from the conference are available on the Company’s X account: https://x.com/origin_agritech.

About Origin Agritech Limited
Origin Agritech Limited, founded in 1997 and headquartered in Zhong-Guan-Cun (ZGC) Life Science Park in Beijing, is a leading Chinese agricultural technology company. In crop seed biotechnologies, Origin Agritech’s phytase corn was the first transgenic corn to receive the Bio-Safety Certificate from China’s Ministry of Agriculture. Over the years, Origin has established a robust biotechnology seed pipeline, including products with glyphosate tolerance and pest resistance (Bt) traits. For further information, please visit the Company’s website at www.originagritech.com. The Company also maintains an X account for updating investors on Company and industry developments which is https://x.com/origin_agritech.

For more information, please contact:
Origin Agritech Limited Contact:
Kate Lang (Mandarin/English)
Director of Investor Relations
Phone: +86 186-1839-3368
Email: bing.lang@originseed.com.cn

Investor Relations Contact:
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com

Independent Reserve And Golf Olympian Shannon Tan Extend Partnership To Soar To New Heights

SINGAPORE, Jan. 16, 2025 /PRNewswire/ — Independent Reserve (IR), Singapore’s first licensed cryptocurrency exchange for all investors, proudly announces its continued partnership with Shannon Tan for the next two years through 2026. A trailblazer in Singapore golf, Shannon is the nation’s first Ladies European Tour (LET) winner and also its inaugural golf Olympian.

Lasanka Perera, CEO of Independent Reserve Singapore with Shannon Tan, Singapore's first Golf Olympian & LET winner
Lasanka Perera, CEO of Independent Reserve Singapore with Shannon Tan, Singapore’s first Golf Olympian & LET winner

With her sights set on the prestigious LET in 2025, Shannon embodies the discipline and focus needed to excel on the global stage. Her methodical, step-by-step approach to the sport resonates deeply with IR’s measured and strategic business philosophy. As one of the main sponsors, the crypto exchange aims to empower Shannon to soar to new heights in her career, ensuring she has additional resources to compete at the sport’s highest level.

“We’re absolutely thrilled to continue supporting Shannon on her journey as a professional golfer, representing Singapore on the world stage,” said Lasanka Perera, CEO of Independent Reserve. “Her stellar achievements in her debut season are a testament to her remarkable attitude and dedication to the sport. Shannon’s mental fortitude and discipline resonate with the values we uphold as a business. With over a decade of experience as a crypto exchange, we understand the importance of charting our own course, managing risks, and demonstrating resilience in the face of challenges. We look forward to cheering Shannon on as she takes her career to the next level.”

Rooted in Shared Aspirations

The collaboration between the parties is built on a foundation of friendship, mutual respect and a shared vision to inspire and uplift. Over the coming years, IR will work closely with Shannon to fuel her passion for the game, supporting her not just financially but as a trusted ally in her journey. The camaraderie between Perera and Tan extends beyond the golf course, celebrating the strength of working together to achieve greater results, and reinforcing IR’s values of fostering mateship and genuine connections that drive success.

“I’m incredibly grateful for the friendship and continued support from Lasanka and Independent Reserve. As a young athlete navigating the professional golf circuit, I’ve been inspired by Lasanka’s leadership and his approach to overcoming challenges. Their belief in me gives me the confidence to keep pushing myself and take on bigger opportunities. Representing Singapore on the world stage is a privilege, and having such a steadfast partner by my side reminds me that we are better together. I am excited about what’s ahead.”

“Better Together”: Empowering Local Communities to Scale New Horizons

As part of its corporate responsibility efforts, IR collaborates meaningfully to support the aspirations of everyday Singaporeans, providing a platform for individuals to reach their full potential. Its “Better Together” initiative strengthens communities through strategic partnerships and impactful programmes, championing underrepresented talent and fostering inclusive opportunities.

Aside from supporting athletes such as Shannon Tan, IR also partners with Extra•Ordinary People – a local charity dedicated to empowering individuals with special needs and fostering an inclusive society where everyone can thrive. In its second year with the charity, IR is working to raise awareness and support for youths with special needs to lead independent and fulfilling lives.

By providing platforms for individuals and communities to rise above and be the best versions of themselves, IR strives to make meaningful, lasting contributions to society.

About Independent Reserve

Founded in 2013, Independent Reserve is one of the oldest and most trusted cryptocurrency exchanges in the APAC region. We offer a secure, user-friendly platform for trading Bitcoin and other digital assets, catering to both individual and institutional investors.

As the first exchange licensed by the Monetary Authority of Singapore (MAS), Independent Reserve upholds the highest standards of governance, compliance, and security. Our competitive fees, advanced trading tools, and educational resources enable users to confidently navigate the world of cryptocurrencies.

Beyond our core business, Independent Reserve is dedicated to positively impacting the communities it serves, leading by example as a force for good, promoting equal opportunities and fostering a society where everyone can thrive—particularly by helping individuals with special needs lead independent lives and supporting athletes in pursuing their dreams and aspirations. 

About Shannon Tan

Shannon Tan is a professional Singaporean golfer on the Ladies European Tour (LET) and Singapore’s first Golf Olympian. Starting her golfing journey at just five years old, Shannon went on to compete in various prestigious international amateur golf tournaments throughout her junior career. Her talent earned her a full-ride scholarship at Texas Tech University, where she achieved a T-4 finish at the NCAA Division I golf regionals. As an amateur, she also claimed victory at the 2023 Singapore Ladies Masters, a professional event on the China LPGA Tour. Shannon turned professional in January 2024, finishing second at the Webex Players Series Murray River on her debut.

In February 2024, Shannon made history as the first Singaporean to secure a full LET card, winning on her LET professional debut at the Magical Kenya Ladies Open. She went on to notch a further four Top-10 finishes, and concluded her remarkable rookie season ranked 6th on the Order of Merit, earning a spot in the final stage of the LPGA Q-Series. Shannon also became the first golfer to represent Singapore at Olympic level, competing at the 2024 Olympics Games in Paris.

At just 20 years old, Shannon is passionate about inspiring the next generation. She aspires to be a role model for young athletes, encouraging them to pursue their dreams both on and off the golf course.

SunCar Joins China Auto Dealers Chamber of Commerce as Vice-Chairman Member, Expanding Market Potential

NEW YORK, Jan. 16, 2025 /PRNewswire/ — SunCar Technology Group Inc. (NASDAQ: SDA) (“SunCar” or the “Company”), an innovative leader in cloud-based B2B auto services and auto e-insurance in China, is pleased to announce the Company has officially joined the China Auto Dealers Chamber of Commerce (CADCC) as one of its 40 “vice-chairman” members. This milestone solidifies SunCar’s influence in the automotive industry and sets the stage for strategic growth in both the New Energy Vehicle (NEV) and traditional fuel vehicle markets.

With over 3 billion fuel vehicles in circulation in China, the traditional automotive market remains a significant sector of opportunity. By joining CADCC, SunCar not only strengthens its position in the rapidly growing NEV space but also expands into the extensive network of fuel vehicle dealerships. This dual focus enables the company to cover the entire spectrum of the automotive market, catering to diverse consumer needs while driving innovation and collaboration within the industry.

Founded in 2006, the China Automobile Dealers Chamber of Commerce (CADCC) is a national-level organization under the All-China Federation of Industry and Commerce, representing over 2,000 members, including nearly 8,000 4S dealerships. CADCC serves as a key bridge between dealers, manufacturers, and consumers, promoting innovation, sustainable growth, and industry collaboration while offering services such as policy advocacy, training, and international exchanges. As a vice-chairman member, SunCar joins an exclusive group of enterprises recognized for their exceptional contributions and leadership in the automotive circulation field.

“This partnership is a major step in our strategic development,” Ye Zaichang, Chairman and CEO of SunCar, stated at the press conference. “It reflects our commitment to bridging the fuel vehicle and NEV markets, fostering collaboration with industry leaders, and meeting the evolving demands of consumers. We aim to leverage this opportunity to drive sustainable growth and innovation while enhancing the overall competitiveness of the industry.”

Membership in CADCC provides SunCar with a valuable platform for engaging in industry exchanges, policy discussions, and market initiatives. The company plans to collaborate with other members to share resources and develop tailored solutions for both NEVs and fuel vehicles. By addressing the unique characteristics of each market segment, SunCar seeks to create synergies that benefit the broader automotive industry.

About SunCar Technology Group Inc.

Founded in 2007, SunCar is transforming the customer journey for auto services and auto insurance in China, the largest passenger vehicle market in the world. SunCar develops and operates cloud-based platforms that seamlessly connect drivers with a wide range of auto services and insurance coverage options through a nationwide network of sales partners. As a result, SunCar has established itself as the leader in China in the B2B auto services market and the auto eInsurance market for electric vehicles. The Company’s intelligent cloud platform empowers its enterprise clients to access and manage their customer database and offerings optimally, and drivers gain access to hundreds of services from tens of thousands of independent providers in a single application. For more information, please visit: https://suncartech.com.

Forward-Looking Statements

This press release may contain information about the Company’s view of its future expectations, plans and prospects that constitute forward-looking statements. Actual results may differ materially from historical results or those indicated by these forward-looking statements as a result of a variety of factors including, but not limited to, risks and uncertainties associated with its ability to raise additional funding, its ability to maintain and grow its business, variability of operating results, its ability to maintain and enhance its brand, its development and introduction of new products and services, the successful integration of acquired companies, technologies and assets into its portfolio of products and services, marketing and other business development initiatives, competition in the industry, general government regulation, economic conditions, dependence on key personnel, the ability to attract, hire and retain personnel who possess the technical skills and experience necessary to meet the requirements of its clients, and its ability to protect its intellectual property. The Company encourages you to review other factors that may affect its future results in the Company’s annual reports and in its other filings with the Securities and Exchange Commission.

Contact Information:

SunCar:
Investor Relations: Ms. Hui Jiang
Email: IR@suncartech.com
Legal: Ms. Li Chen
Email: chenli@suncartech.com

U.S. Investor Relations
Matthew Abenante, IRC
President
Strategic Investor Relations, LLC
Tel: 347-947-2093
Email: matthew@strategic-ir.com

Tineco Earns Top Honors and Redefines Smart Cleaning at CES 2025

Leading Floor Care Brand Takes Home Slew of Distinguished Editorial Awards

SEATTLE, Jan. 16, 2025 /PRNewswire/ — Tineco, a trailblazer in smart home cleaning solutions, celebrates its outstanding achievements at CES 2025, garnering several industry awards for its innovative products. These accolades spotlight Tineco’s bold strides in creating intelligent, user-focused cleaning technologies that enhance modern living. Award wins include:

  • SlashGear’s 2025 CES Innovation Awards – Floor One S9 Artist Steam
  • House Digest’s 2025 CES Innovation Awards – Carpet One Cruiser
  • Android Authority’s 2025 CES Breakthrough Awards – Floor One S9 Artist Steam
  • Reviewed Awards at CES 2025 – Floor One S9 Artist Steam

Tineco Earns Top Honors and Redefines Smart Cleaning at CES 2025
Tineco Earns Top Honors and Redefines Smart Cleaning at CES 2025

The award-winning products of 2025 embody Tineco’s commitment to pushing the boundaries of what’s possible in home cleaning. The Tineco FLOOR ONE S9 Artist Steam, honored with three distinguished awards from SlashGear, Android Authority, and Reviewed, introduced groundbreaking capabilities designed to tackle household challenges with ease. Among the standout features that captured the audience’s attention at CES were its impressive 284°F high-temperature steam, seamless maneuverability thanks to SmoothDrive Technology, and Aurora AI Lights that dynamically adjust in color to reflect the cleaning status. The seamless self-cleaning cycle that leaves the floor washer and all components in pristine condition for its subsequent use was another highlight, earning particular praise for the efficiency it offered during live demonstrations.

Additionally, the Tineco Carpet One Cruiser, recognized with an innovation award from House Digest, exemplifies Tineco’s dedication to crafting trailblazing, high-performance cleaning solutions for everyday use. Designed to effortlessly tackle tough stains and refresh carpets, the Carpet One Cruiser delivers unmatched convenience and effectiveness through its advanced features. Its 167°F High-temp PowerDry technology significantly accelerates drying time, while its self-cleaning system eliminates the hassle of post-use maintenance by automatically cleaning the brush head, roller, and internal components. This combination of deep-cleaning performance and user-friendly functionality positions the Carpet One Cruiser as a game-changing solution for busy households.

“This recognition reinforces our mission to revolutionize the home cleaning experience through continuous innovation,” said Mr. Leng, CEO at Tineco. “Our new technologies are designed to empower customers, making their lives simpler and more efficient.”

At CES 2025, Tineco also showcased the PURE ONE Station 5, an intelligent stick vacuum with a 3-in-1 Smart Station that provides automatic self-cleaning, charging, and storage. All spotlight SKUs displayed at CES display Tineco’s dedication to meeting the diverse needs of today’s households.

Further underscoring industry leadership in the category, Tineco’s parent company, Ecovacs, garnered multiple impressive awards including:

  • Twice’s 2025 Picks Award – Deebot X8 Pro Omni
  • MAKEUSEOF’s Best of 2025 Award – GOAT A3000 LiDar
  • 2024-2025 Global Smart Home Brands Top 10 – Ecovacs Robotics
  • Robotic Lawn Mower Technology Innovation Award – GOAT A2500 RTK

With a community of over 14 million loyal users across key markets globally, including regions in North America, Europe, and Asia, Tineco continues to prioritize quality and cutting-edge functionality. From pioneering smart vacuums to designing next-generation cleaning systems, the brand remains at the forefront of the industry.

About Tineco

Tineco was founded in 1998 with its first SKU as a vacuum cleaner and, in 2019, pioneered the first-ever smart vacuum. Today, the brand has innovated into a global leader offering intelligent appliances across home categories, including floor care, kitchen, and personal care. Tineco is dedicated to its brand vision of making life easier through smart technologies and consistently innovating new devices. For more information, visit us.tineco.com. 

Massimo Motor CEO Reflects on Industry Challenges, Shares Exciting Opportunities Ahead in Letter to Shareholders

GARLAND, Texas, Jan. 16, 2025 /PRNewswire/ — Massimo Group (NASDAQ: MAMO) (“Massimo”), a manufacturer and distributor of powersports vehicles and pontoon boats, reviews highlights of the past year and shares upcoming priorities in a shareholder letter from CEO David Shan.

Dear Shareholders,

After the close of another remarkable year, I want to take this opportunity to reflect on our performance, the challenges we have faced, and the exciting opportunities that lie ahead.

Industry Landscape and Challenges

Massimo Group consists of two wholly-owned subsidiaries: Massimo Motor Sports and Massimo Marine. In recent years, both the powersports vehicle industry and the marine industry have faced significant headwinds. A combination of market downturns and the ongoing push toward electrification has created immense pressure for many companies in our sector. From 2023 to 2024, some peers reported profit margins as low as 2%-3%, with some even experiencing losses or scaling back production.

Despite these challenges, Massimo Group has shown resilience, innovation, and an unwavering commitment to excellence, standing out as an industry frontrunner.

Strong Performance Amidst Industry Challenges

I am proud to report that in 2023-2024, Massimo Motor Sports believe we have achieved strong year-over-year sales growth that will outpace the industry average. While many competitors struggled to maintain profitability, we expect that our focus on high-quality products, operational efficiency, and customer satisfaction has positioned us among the top-performing companies in the sector.

Highlights of our performance include:

  • Strong sales compared to the previous year for Massimo Motor Sports.
  • Industry competitive profitability for 2024, with margins expected to exceed industry average.
  • Strategic initiatives that enhanced our market share and strengthened our brand reputation.

While others faced setbacks, we believe that our ability to adapt and innovate has solidified Massimo’s position as a trusted name in the powersports vehicle industry.

Building for the Future

Looking ahead, we believe that Massimo Group’s future is brighter than ever. Our commitment to innovation, customer-centric strategies, and sustainable growth will position us to navigate the evolving market landscape with confidence.

Our plans for the future include:

  • Launching new market-driven products, including all-weather vehicles in 2025 that deliver both comfort and performance, while addressing the increasing demand for electrification and sustainability.
  • Enhancing operational efficiency to maintain our competitive edge and ensure long-term profitability, particularly by expanding distribution centers to enable faster shipping and reduce transportation costs for our customers.
  • Expanding into new markets by building on our strong foundation to reach a broader customer base, exploring innovative opportunities such as low-altitude flying vehicles and advanced smart mobility solutions.
  • Actively pursuing industry consolidation and acquisition opportunities to expand our scale.
  • Additionally, we plan to establish a dedicated R&D department to drive product innovation and promote technology-driven industrial development. We will focus on developing unmanned aerial vehicles and launching new product lines to diversify revenue streams. At the same time, we will optimize our organizational structure, attract top-tier technology talent, and explore growth opportunities in the North American, European, and Asian markets, including the establishment of new distribution networks.

We firmly believe these strategies will not only sustain our growth but also strengthen our position at the forefront of the industry.

Commitment to Shareholder Value

Delivering value to our shareholders remains the cornerstone of everything we do. Massimo Group has consistently demonstrated its ability to thrive in challenging conditions, and we are dedicated to creating sustainable, long-term value through transparency, innovation, and strategic growth.

As we embark on the next phase of our journey, I want to thank you for your continued trust, support, and belief in Massimo Group. Together, we will continue to break new ground and reach greater heights.

Sincerely,

David Shan
CEO
Massimo Group

About Massimo Group

Massimo Group (NASDAQ: MAMO) is a manufacturer and distributor of powersports vehicles and pontoon boats. Founded in 2009, Massimo Motor believes it offers some of the most value packed UTV’s, off-road, and on-road vehicles in the industry. The company’s product lines include a wide selection of farm and ranch tested utility UTVs, recreational ATVs, and Americana style minibikes. Founded in 2020, Massimo Marine manufactures and sells Pontoon and Tritoon boats with a dedication to innovative design, quality craftsmanship, and great customer service. Massimo Group is also developing electric versions of UTVs, golf carts and pontoon boats. The company’s 376,000-square-foot factory is in the heart of the Dallas / Fort Worth area of Texas in the city of Garland. For more information, visit massimomotor.com and massimomarine.com.

Forward-Looking Statements

This press release contains statements that constitute “forward-looking statements,” including with respect to the initial public offering and the use of proceeds thereof. In some cases, you can identify forward-looking statements because they contain words such as “anticipate,” “believe,” “estimate,” “expect,” “intend,” “may,” “predict,” “project,” “target,” “potential,” “seek,” “will,” “would,” “could,” “should,” “continue,” “contemplate,” “plan,” and other words and terms of similar meaning. These forward-looking statements include information concerning statements regarding future cash needs, future operations, market positions, business plans and future financial results; and any other statements that are not historical facts. Forward-looking statements may include, for example, statements about the Company’s ability to enhance its distribution network; reductions to fulfilment times; the future financial and operational performance of Massimo; competitive position; Massimo’s financial position, including estimated revenues, profitability, margins, losses and expenses; new products; operational efficiency; expansion into new markets; acquisitions; the establishment of an R&D department; and other plans and objectives of management. Forward-looking statements are subject to numerous conditions, many of which are beyond the control of Massimo, including those set forth in the “Risk Factors” section of Massimo’s Annual Report on Form 10-K for the year ended December 31, 2023, as updated by Massimo’s subsequent filings, with the SEC. Copies are available on the SEC’s website, www.sec.gov. Massimo undertakes no obligation to update these statements for revisions or changes after the date of this release, except as required by law.

Company
Dr. Yunhao Chen
Chief Financial Officer
Massimo Group
ir@massimomotor.com

Investor Relations 
Chris Tyson 
Executive Vice President
MZ North America
Direct: 949-491-8235
MAMO@mzgroup.us

Corporate Communications
IBN
Austin, Texas
www.InvestorBrandNetwork.com
512.354.7000 Office
Editor@InvestorBrandNetwork.com

Tantech Holdings Ltd. (TANH) Subsidiary Gohomeway Group Inc. Successfully Registers EU Trademark

LISHUI, China, Jan. 16, 2025 /PRNewswire/ — Tantech Holdings Ltd (NASDAQ: TANH) (“Tantech” or the “Company”) today announced that its subsidiary, Gohomeway Group Inc., successfully completed its EU trademark registration application under a fast-track review status.

The registered trademark, classified as a “graphic trademark containing textual elements,” features the core text “GOHOMEWAY” in black and yellow as the primary color schemes. It will span multiple categories of goods and services under Gohomeway, including wooden flooring, engineered wood flooring, and other building materials (Class 19), furniture, cabinets, and household storage solutions (Class 20), and e-commerce, advertising, and business consultancy services (Class 35).

This achievement underscores Gohomeway’s excellence in the home furnishing and building materials sector and lays a solid foundation for its strategic expansion in the European market. The successful trademark registration signifies another breakthrough for Tantech (TANH) in international markets.

Mr. Wangfeng Yan, Chief Executive Officer of Tantech, remarked: “The successful EU trademark registration by Gohomeway Group Inc. is a significant milestone in our global strategy. Looking ahead, we will leverage the Gohomeway platform to deliver more innovative home furnishing and building material products to customers worldwide. We are committed to driving sustainable industry development and creating greater possibilities for a better home living experience.”

About Tantech Holdings Ltd

TANH is a professional high-tech enterprise focused on the production, research and development, and sales of home furnishing and building materials. With a well-established domestic and international sales and distribution network, the company has been active in the home furnishing and building materials industry since 2002, beginning with the manufacture of bamboo charcoal products for home use. In 2022, TANH further strengthened its presence in the North American market by establishing a wholly-owned subsidiary in the United States to enhance the R&D and sales of home furnishing and building materials.

The Company is fully ISO 90000 and ISO 14000 certified and has received a number of national, provincial and local honors, awards and certifications for its products and scientific research efforts. The Company’s subsidiary, First International Commercial Factoring (Shenzhen) Co., LTD, is engaged in commercial factoring for businesses in and related to its supply chain. For more information, please visit: https://tanhtech.com.

Forward-Looking Statements

This news release contains forward-looking statements as defined by the Private Securities Litigation Reform Act of 1995. Forward-looking statements include statements concerning the sales, plans, objectives, goals, strategies, future events or performance, and underlying assumptions and other statements that are other than statements of historical facts. These statements are subject to uncertainties and risks including, but not limited to, product and service demand and acceptance, changes in technology, economic conditions, the impact of competition and pricing, government regulations, and other risks contained in reports filed by the Company with the Securities and Exchange Commission. All such forward-looking statements, whether written or oral, and whether made by or on behalf of the Company, are expressly qualified by this cautionary statement and any other cautionary statements which may accompany the forward-looking statements. In addition, the Company disclaims any obligation to update any forward-looking statements to reflect events or circumstances after the date hereof.

For more information, please contact:

Tantech Holdings Ltd
Investor Relations
Tel: +86 (578) 226-2305
ir@tantech.cn

Naas Technology Inc. Charging Network Accomplishes 50% City Coverage in China

BEIJING, Jan. 16, 2025 /PRNewswire/ — NaaS Technology Inc. (Nasdaq: NAAS) (“NaaS” or the “Company”), the first U.S.-listed EV charging service company in China, today announced its charging network has successfully expanded to 360 cities in China as of year-end 2024. This represents over 50% city coverage compared to a total city count of 694 in accordance with National Bureau of Statistics of China (NBS) for year 2023. Among 360 cities NAAS covered, approximately 170 of them increased charging volume through NaaS platform by more than 50% in 2024 compared to 2023. NAAS achieved this new benchmark through robust growth in both supply-side infrastructure and demand-side partnerships:

  • On the supply side, as of September 30, 2024, NaaS had connected nearly 1.15 million chargers to its charging network, accounting for approximately 35%[1] of China’s total public charging infrastructure. This critical momentum is a result of NaaS’ business strategy focus on core charging services as announced last year and its long-term mission in advancing the sustainable energy transition.
  • On the demand side, NaaS has expanded its user base through strategic collaborations with major automotive OEM brands. Partnerships with BYD’s sub-brands (Dynasty, Ocean, and Fang Cheng Bao), as well as leading players such as NETA, IM Motors, Hongqi, and FAW-Volkswagen, have ensured that electric vehicle (EV) drivers can easily, quickly and reliably access chargers anywhere and at any time.

Ms. Yang Wang, Chief Executive Officer of NaaS, commented, “We are proud of our dedicated pursuit of the strategic initiatives in advancing the EV charging ecosystem. Our supply-side infrastructure connection powered by AI technologies and NaaS Energy Fintech system is ready to deliver top-tier EV charging solutions for our users. Looking ahead, NaaS remains committed to advancing interconnectivity for vehicles of all types and sizes, as well as spearheading innovation in China’s rapidly growing EV charging market. By bridging the gap between supply and demand, NaaS is setting new standards for operational excellence, leading partnership win-wins, and empowering EV users to embrace a sustainable future.”

Mr. Steven Sim, Chief Financial Officer of NaaS, added, “Our strategic investment in the supply-side capabilities and technological advancements for our core charging services have consistently enhanced our financial performance, culminating in a record high gross margin of 57% for the most recent quarter ended September 30, 2024. As we continue to optimize, adapt and scale our charging business to fulfill the demand of the ever-expanding EV drivers, we are confident in further delivering the required energy performance to the EV charging community.”

[1] According to data from the China Electric Vehicle Charging Infrastructure Promotion Alliance, China had 3.33 million public chargers as of September 30, 2024, up from 2.73 million at the end of 2023.

About NaaS Technology Inc.

NaaS Technology Inc. is the first U.S. listed EV charging service company in China. The Company is a subsidiary of Newlinks Technology Limited, a leading energy digitalization group in China. The Company provides one-stop solutions to energy asset owners comprising charging services, energy solutions and new initiatives, supporting every stage of energy assets’ lifecycle and facilitating energy transition.

Safe Harbor Statement

This press release contains statements of a forward-looking nature. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as “will,” “expects,” “believes,” “anticipates,” “intends,” “estimates” and similar statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry. All information provided in this press release is as of the date hereof, and the Company undertakes no obligation to update any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: NaaS’ goals and strategies; its future business development, financial conditions and results of operations; its ability to continuously develop new technology, services and products and keep up with changes in the industries in which it operates; growth of China’s EV charging industry and EV charging service industry and NaaS’ future business development; demand for and market acceptance of NaaS’ products and services; NaaS’ ability to protect and enforce its intellectual property rights; NaaS’ ability to attract and retain qualified executives and personnel; the COVID-19 pandemic and the effects of government and other measures that have been or will be taken in connection therewith; U.S.-China trade war and its effect on NaaS’ operation, fluctuations of the RMB exchange rate, and NaaS’ ability to obtain adequate financing for its planned capital expenditure requirements; NaaS’ relationships with end-users, customers, suppliers and other business partners; competition in the industry; relevant government policies and regulations related to the industry; and fluctuations in general economic and business conditions in China and globally. Further information regarding these and other risks is included in NaaS’ filings with the SEC.

For investor and media inquiries, please contact:

Investor Relations
NaaS Technology Inc.
E-mail: ir@enaas.com
Media inquiries:
E-mail: pr@enaas.com