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Sowing Seeds of Progress: Jay and Marilyn Ng’s S$3.85M Gift Advances Social Mobility and Innovation at SMU

SINGAPORE, Aug. 4, 2025 /PRNewswire/ — A couple who once navigated their own university journeys on modest means is now sowing seeds of progress for the next generation. In celebration of their silver wedding anniversary, Mr Jay Ng and Mrs Marilyn Ng have made a generous S$3.85 million gift to Singapore Management University (SMU). Inspired by their own experiences and driven by gratitude, their giving reflects a heartfelt belief that financial circumstances should never stand in the way of talent or aspiration.

The gift supports a diverse set of initiatives aligned with SMU’s refreshed vision — to drive innovations, transcend boundaries, and transform lives. It reflects the University’s continued commitment to nurturing change agents, strengthening social mobility, and fostering entrepreneurship in Singapore and beyond.

A key highlight of the gift is the renaming of the Greenhouse at SMU Connexion as the Jay and Marilyn Ng Greenhouse: Hub for Innovation and Entrepreneurship, in recognition of the couple’s generous support for innovation and entrepreneurship. This refreshed, dynamic space will serve as a vibrant hub where students, alumni, and faculty come together to co-create with global changemakers, and catalyse bold ideas into ventures with real-world impact. Through a lively calendar of workshops, mixers, demo days and pitch nights, the Greenhouse brings people and possibilities together, fuelling a vibrant ecosystem of innovation and entrepreneurship.

Beyond innovation, the gift also uplifts individuals and communities through education and financial empowerment. It supports: 

  • Study Awards for students with demonstrated financial needs: Offered in perpetuity, the needs-based awards will support two undergraduates each year from SMU’s Lee Kong Chian School of Business or School of Accountancy — ensuring that financial circumstances do not stand in the way of a quality education. 
  • Global Innovation Immersion Awards: Offered in perpetuity, this award enables students to immerse themselves in global start-up ecosystems, gaining first-hand exposure to innovation and entrepreneurship abroad. Each year, up to 12 students will benefit from this opportunity to broaden their perspectives and ignite new possibilities.
  • SMU Financial Literacy, Inclusion and Technology Club (SMU FinLIT Club): This support advances financial literacy and inclusion among young adults and other underserved communities, equipping them with the knowledge and confidence to make informed decisions on saving, investing, borrowing, and more. In doing so, it nurtures a financially savvy community empowered by technology and driven by awareness.
  • Malaysian Scholarship: One outstanding Malaysian student will receive a full four-year scholarship — a one-off award that reinforces SMU’s commitment to regional talent development.

“Having come from humble beginnings, we know how a lack of financial resources can hold back talented individuals in achieving their dreams. We’re very grateful for the opportunities we had. We sincerely hope that our support will open doors for others, especially those from less privileged backgrounds, to pursue their dreams, and encourage our beneficiaries to correspondingly support others in the future,” the couple shared.

Empowering a More Equitable and Innovative Singapore

Professor Lily Kong, President of SMU, said the gift exemplifies the kind of purpose-led philanthropy that can help shape Singapore’s future.

“Rooted in their own experiences of financial hardship and a steadfast belief in the transformative power of education, Jay and Marilyn’s gift reflects their heartfelt desire to uplift others, unlock opportunities, and empower future generations of changemakers.”

The couple’s contribution comes at a time when Singapore is sharpening its focus on social mobility, digital transformation, and regional engagement — priorities that SMU also champions through its emphasis on interdisciplinary learning, entrepreneurship, and ASEAN impact. Their gift underscores how personal generosity, rooted in lived experience, can advance public good and spark lasting change.

About the Donors

Jay Ng Jen Wei (黄振伟) is the Chief Financial Officer and Head of Strategic Business Development for Vitol Asia Pte Ltd. He is a director of Vitol Group’s board and member of Vitol Group’s Executive Advisory Committee. Jay is also a member the Advisory Board of Lee Kong Chian School of Business, Singapore Management University.

Marilyn Tay Yue Koon(郑幼君)is the CEO and Managing Director AV Strategic Management Pte Ltd. Marilyn has extensive experience in audit, risk management and advisory services, having worked for various top companies like PricewaterhouseCoopers, Ernst & Young, Keppel Corporation and OCBC Bank.

About SMU

A premier university in Asia, SMU is internationally recognised for its world-class research and distinguished teaching. Established in 2000, SMU’s mission is to generate leading-edge research with global impact and to produce broad-based, creative, and entrepreneurial leaders for the knowledge-based economy. SMU’s education is known for its highly interactive, collaborative, and project-based approach to learning.

Home to over 13,000 students across undergraduate, postgraduate professional and postgraduate research programmes, SMU comprises of eight schools: School of Accountancy, Lee Kong Chian School of Business, School of Economics, School of Computing and Information Systems, Yong Pung How School of Law, School of Social Sciences, College of Integrative Studies, and College of Graduate Research Studies. SMU offers a wide range of bachelors’, masters’, and PhD degree programmes in the disciplinary areas associated with its schools, as well as in multidisciplinary combinations of these areas.

SMU emphasises rigorous, high-impact, multi- and interdisciplinary research that addresses Asian issues of global relevance. SMU faculty members collaborate with leading international researchers and universities around the world, as well as with partners in the business community and public sector. SMU’s city campus is a modern facility located in the heart of downtown Singapore, fostering strategic linkages with business, government, and the wider community. www.smu.edu.sg 

SMU celebrates its 25 years of meaningful impact this year, and remains committed to its vision of driving innovation, transcending boundaries and transforming lives.

Aphranel® shines in IMCAS China 2025 as Platinum Sponsor

SHANGHAI, Aug. 4, 2025 /PRNewswire/ — Aphranel, China’s leading innovator of regenerative aesthetics medicine, recently made waves at IMCAS China 2025 with its 36㎡ platinum sponsorship booth, hosted a 60-minute scientific symposium and 30-minute live-case with its breakthrough product Aphranel® MagiCCrystal CaHA Filler.

IMCAS leadership including Congress Chair Prof. Cui Haiyan, IMCAS Paris Chairmen Dr. Cartier and Dr. Garson visited Aphranel, recognizing its significant contributions to global industry of regenerative aesthetics medicine. This high-profile exhibiting in IMCAS China, demonstrated the Aphranel’s growing influence on the advanced anti-aging solutions in the global market.


About Aphranel

Aphranel® is a high-profile medical aesthetics brand under Shanghai MOYOM Biotechnology, dedicated to advancing global aesthetics technology through cutting-edge biomaterial innovation.

Xsolla, In Collaboration With KRAFTON, Releases The “Abyss Of Dungeons” Web Shop To Fuel Direct-To-Player Growth

Abyss Of Dungeons Combines Medieval Dark Fantasy With Extraction-Style RPG Gameplay, Now Bolstered By A Global Web Shop Built In Partnership With Xsolla


LOS ANGELES, USA – Media OutReach Newswire – 4 August 2025 – Xsolla, a leading global video game commerce company, announces its latest collaboration with KRAFTON: a dedicated Web Shop for Abyss of Dungeons, the newest dark fantasy extraction Role-Playing Game (RPG) from Bluehole Studio.

Abyss of Dungeon
Abyss of Dungeon

In a treacherous medieval underworld, Abyss of Dungeons fuses high-stakes survival with immersive dungeon-crawling combat and player-driven progression. Currently available across select markets, including the US, Canada, Indonesia, Thailand, Brazil, and Mexico, the game has attracted a loyal community drawn to its blend of PvP and PvE gameplay, strategic class-based combat, and ever-present risk-reward mechanics.

To support KRAFTON’s community-first strategy, Xsolla delivered a custom-built Web Shop experience that enables players to purchase exclusive in-game content directly through a branded store outside traditional app stores.

Key features of Abyss of Dungeons include:

  • Medieval Fantasy Extraction RPG: Brave dungeon mazes filled with lethal monsters and rival adventurers while escaping the tightening grip of the Dark Swarm.
  • PvP and PvE Combat: Fight enemies and players alike for treasure, choose to hunt or risk being hunted.
  • Diverse Class System: Six unique classes, Fighter, Barbarian, Rogue, Ranger, Cleric, and Wizard, each with distinct skills and tactical roles.
  • Strategic Party Play: Form parties, battle through the darkness together, and pursue legendary loot.
  • Progressive Power Growth: Escape dungeons to level up, master new weapons, and become a dungeon legend.

“KRAFTON’s Abyss of Dungeons exemplifies what’s possible when you blend premium gameplay with a smart, phased launch strategy,” said Chris Hewish, President of Xsolla. “We’re proud to power their direct-to-player approach with our Web Shop and Partner Network solutions, helping them deliver exclusive content and activate influencers worldwide.”

To support KRAFTON’s strategic goals of community growth and marketing efficiency, Xsolla collaborated closely with the development team to build and deploy the Abyss of Dungeons Web Shop, which launched in select markets on June 11, 2025. This shop offers exclusive bundles and in-game currency while integrating seamlessly with KRAFTON’s existing systems without requiring months of additional engineering effort.

Highlights of the collaboration:

  • Fast Time-to-Market: Launched with Xsolla’s Web Shop template and support, minimizing development overhead.
  • Exclusive Storefront Content: Offers unique bundles to incentivize direct purchases.
  • Global Reach: Provides access to 1,000+ payment methods through Xsolla’s infrastructure.
  • Influencer Integration: Leverages the Xsolla Partner Network (XPN) to onboard local creators and amplify reach.

“Working with Xsolla allowed us to move quickly and strategically,” said KS Lee | VP, Head of Publishing Div. 4. “This Web Shop solution helped us create a scalable direct-to-player foundation, while the XPN creators brought authentic engagement from key markets. This partnership allowed us to grow while keeping control over our vision.”

Explore the Abyss of Dungeons Web Shop here: https://abyssofdungeons.krafton.com/en

Hashtag: #Xsolla

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

About Xsolla

Xsolla is a leading global video game commerce company with a robust and powerful set of tools and services designed specifically for the industry. Since its founding in 2005, Xsolla has helped thousands of game developers and publishers of all sizes fund, market, launch, and monetize their games globally and across multiple platforms. As an innovative leader in game commerce, Xsolla’s mission is to solve the inherent complexities of global distribution, marketing, and monetization to help our partners reach more geographies, generate more revenue, and create relationships with gamers worldwide. Headquartered and incorporated in Los Angeles, California, with offices in London, Berlin, Seoul, Beijing, Kuala Lumpur, Raleigh, Tokyo, Montreal, and cities around the world.

Vipshop to Announce Second Quarter 2025 Financial Results on August 14, 2025

GUANGZHOU, China, Aug. 4, 2025 /PRNewswire/ — Vipshop Holdings Limited (NYSE: VIPS), a leading online discount retailer for brands in China (“Vipshop” or the “Company”), today announced that it plans to release its second quarter 2025 financial results on Thursday, August 14, 2025, before the US market open.

The Company will hold a conference call on Thursday, August 14, 2025 at 7:30 am US Eastern Time, 7:30 pm Beijing Time to discuss the financial results.

All participants wishing to join the conference call must pre-register online using the link provided below.

Registration Link:
https://register-conf.media-server.com/register/BI2192d872e0794484950ff9361d783729

Once pre-registration has been completed, each participant will receive dial-in numbers and a unique access PIN via email. To join the conference, participants should use the dial-in details followed by the PIN code.

A live webcast of the earnings conference call can be accessed at https://edge.media-server.com/mmc/p/q2wjofki. An archived webcast will be available at the Company’s investor relations website at http://ir.vip.com.           

About Vipshop Holdings Limited

Vipshop Holdings Limited is a leading online discount retailer for brands in China. Vipshop offers high quality and popular branded products to consumers throughout China at a significant discount to retail prices. Since it was founded in August 2008, the Company has rapidly built a sizeable and growing base of customers and brand partners. For more information, please visit https://ir.vip.com/

Investor Relations Contact

Tel: +86 (20) 2233-0732
Email: IR@Vipshop.com

 

Yalla Group Limited to Report Second Quarter 2025 Financial Results on August 11, 2025 Eastern Time

DUBAI, UAE, Aug. 4, 2025 /PRNewswire/ — Yalla Group Limited (“Yalla” or the “Company”) (NYSE: YALA), the largest Middle East and North Africa (MENA)-based online social networking and gaming company, today announced that it will report its unaudited financial results for the second quarter 2025 after the U.S. market closes on Monday, August 11, 2025.

Yalla Group Limited will hold a conference call on Monday, August 11, 2025, at 8:00 PM Eastern Time, 4:00 AM Dubai Time on Tuesday, August 12, 2025, or 8:00 AM Beijing Time on Tuesday, August 12, 2025, to discuss the financial results. Listeners may access the call by dialing the following numbers:

United States Toll Free: 

+1-888-317-6003

International:

+1-412-317-6061

United Arab Emirates Toll Free:

80-003-570-3598

Mainland China Toll Free:

400-120-6115

Hong Kong Toll Free: 

800-963-976

Access Code:

5144068

The replay will be accessible through August 18, 2025, by dialing the following numbers:

United States Toll Free:

+1-877-344-7529

International:

+1-412-317-0088

Access Code:

1658736

A live and archived webcast of the conference call will also be available at the Company’s investor relations website at https://ir.yalla.com.

About Yalla Group Limited

Yalla Group Limited is the largest MENA-based online social networking and gaming company, in terms of revenue in 2022. The Company operates two flagship mobile applications, Yalla, a voice-centric group chat platform, and Yalla Ludo, a casual gaming application featuring online versions of board games, popular in MENA, with in-game voice chat and localized Majlis functionality. Building on the success of Yalla and Yalla Ludo, the Company continues to add engaging new content, creating a regionally-focused, integrated ecosystem dedicated to fulfilling MENA users’ evolving online social networking and gaming needs. Through its holding subsidiary, Yalla Game Limited, the Company has expanded its capabilities in mid-core and hard-core games in the MENA region, leveraging its local expertise to bring innovative gaming content to its users. In addition, the growing Yalla ecosystem includes YallaChat, an IM product tailored for Arabic users, WeMuslim, a product that supports Arabic users in observing their customs, and casual games such as Yalla Baloot and 101 Okey Yalla, developed to sustain vibrant local gaming communities in MENA. Yalla is also actively exploring outside of MENA with Yalla Parchis, a Ludo game designed for the South American markets. Yalla’s mobile applications deliver a seamless experience that fosters a sense of loyalty and belonging, establishing highly devoted and engaged user communities through close attention to detail and localized appeal that profoundly resonates with users.

For more information, please visit https://ir.yalla.com.

Investor Relations Contact

Yalla Group Limited
Investor Relations
Kerry Gao – IR Director
Tel: +86-571-8980-7962
Email: ir@yalla.com

Piacente Financial Communications
Jenny Cai
Tel: +86-10-6508-0677
Email: yalla@tpg-ir.com

In the United States:

Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
Email: yalla@tpg-ir.com

Kuaishou Technology to Report 2025 Second Quarter and Interim Financial Results on August 21, 2025

HONG KONG, Aug. 4, 2025 /PRNewswire/ — Kuaishou Technology (“Kuaishou” or the “Company”; HKD Counter Stock Code: 01024 / RMB Counter Stock Code: 81024), a leading content community and social platform, today announced that it will report its unaudited consolidated results for the second quarter and half year ended June 30, 2025, after the Hong Kong market closes on Thursday, August 21, 2025.

The Company’s management will host a conference call on Thursday, August 21, 2025, at 7:00 PM Beijing Time (7:00 AM U.S. Eastern Time) to discuss the results.

Participants are required to pre-register for the conference call at:

Chinese Line (Mandarin):
https://s1.c-conf.com/diamondpass/10048379-hy76t5.html 

English Simultaneous Interpretation Line (listen-only mode):
https://s1.c-conf.com/diamondpass/10048376-gs71de.html

Participants can choose between the Chinese and English simultaneous interpretation options for pre-registration above. Please note that the English simultaneous interpretation option will be in listen-only mode. Upon registration, participants will receive an email containing conference call dial-in details, event passcode, and a unique registrant ID. This information will allow you to gain immediate access to the call. Participants may pre-register at any time, including up to and after the call start time.

Additionally, live, and archived webcasts of the conference call, for both Chinese and English simultaneous interpretation, will be available on the Company’s investor relations website at https://ir.kuaishou.com.

Replays of the conference call will be available until August 28, 2025 via the following dial-in details:

Dial-in Numbers

Mainland China:

400 1209 216

Hong Kong:

800 930 639

US/Canada:

1855 883 1031

Chinese conference ID:

10048379

English simultaneous interpretation conference ID: 

10048376

About Kuaishou

Kuaishou is a leading content community and social platform in China and globally, committed to becoming the most customer-obsessed company in the world. Kuaishou uses its technological backbone, powered by cutting-edge AI technology, to continuously drive innovation and product enhancements that enrich its service offerings and application scenarios, creating exceptional customer value. Through short videos and live streams on Kuaishou’s platform, users can share their lives, discover goods and services they need and showcase their talent. By partnering closely with content creators and businesses, Kuaishou provides technologies, products, and services that cater to diverse user needs across a broad spectrum of entertainment, online marketing services, e-commerce, local services, gaming, and much more. For more information, please visit https://ir.kuaishou.com.

For investor and media inquiries, please contact:

Kuaishou Technology
Investor Relations
Email: ir@kuaishou.com

 

Oudomxay Cracks Down on Illegal Venues, Arrests 73 Sex Workers

Oudomxay Cracks Down on Illegal Venues, Arrests 73 Sex Workers
The arrested sex workers (photo credit: Lao Security News)

Oudomxay Provincial Police have arrested 73 sex workers during a large-scale operation targeting illegal establishments in Namo district.

AXA Launches “AXA Health Concierge” Delivering a One-Stop Health Management Solution Across Hong Kong and Mainland China

First-ever cross-border Green Medical Pass

Integrating resources from both regions for efficient access to healthcare services

HONG KONG, Aug. 4, 2025 /PRNewswire/ — AXA Hong Kong and Macau (“AXA”) today announced the launch of its new “AXA Health Concierge” service, providing eligible customers[1] with a comprehensive, one-stop health management solution across Hong Kong and Mainland China. This initiative introduces the pioneering cross-border “Green Medical Pass,”[2], [3] offering priority access to medical appointments through a network of over 2,000 healthcare providers, to assist customers in obtaining medical resources from both locations efficiently. This service offers a range of professional medical support, including recommending specialists to facilitate early treatment, second medical opinion, appointment scheduling for both Western and traditional Chinese medicine resources, and ongoing support and follow-up during recovery, delivering more diverse and convenient healthcare options for customers.

Hong Kong’s healthcare system is facing significant strain. According to the latest statistics from the Hospital Authority, waiting time for specialist outpatient services have reached record high[4], with some in-demand services exceeding two years. In recent years, Mainland China’s healthcare sector has made significant advancements in quality, efficiency, and the adoption of cutting-edge technologies. Many institutions now offer internationally benchmarked services delivered by highly qualified medical professionals, making cross-border healthcare an increasingly attractive option for Hong Kong residents. In 2023 alone, Shenzhen provided over 700,000 medical consultations for Hong Kong residents, according to the Shenzhen Health Commission[5].

Janet Lee, Chief Life and Health Insurance Officer of AXA Hong Kong and Macau, said, “After the pandemic, cross-border interactions between Hong Kong and Mainland China have become increasingly frequent, with growing number of Hong Kong residents seeking medical services in the Mainland. As healthcare in Mainland China rapidly advance, cross-border medical services have expanded from initial services like dental care and health check-ups to specialist consultations and surgical procedures—such as dermatology, gynecology, gastroscopy and cancer treatments. In response to strong market demand, we have introduced the ‘AXA Health Concierge’ service, integrating high-quality medical resources across the Greater Bay Area and Hong Kong to leverage complementary strengths. This provides customers with more diverse and precise healthcare options, facilitating earlier intervention, reducing suffering, and improving medical outcomes. We believe true protection goes beyond post-treatment claims – it covers proactive prevention, timely treatment, and comprehensive post-recovery support throughout the entire healthcare journey. Looking ahead, we will continue to innovate and provide professional, high-quality protection to support every customer’s health and wellbeing.”

Three key services highlights:

  1. Pioneering Cross-Border Green Medical Pass
    AXA introduces the market first [6]cross-border Green Medical Pass across Hong Kong and Mainland China, covering over 2,000 medical institutions, including more than 500 experienced network doctors and over 30 specialist services. Customers can enjoy priority arrangement for designated hospitals admissions or outpatient services, significantly reducing waiting times, ensuring timely diagnosis and treatment, enhancing overall healthcare efficiency and improving patient outcomes.
  2. Professional Medical Advice and Cross-Border Support
    The “AXA Health Concierge” service offers professional medical advice to address customers’ health-related queries and provide relevant information on symptoms and wellness. Depending on individual needs, the service can also recommend suitable specialists, facilitate timely medical consultations, and offer second medical opinion. Ongoing support and follow-up are provided throughout the recovery process. The service has also been extended to cities across the Greater Bay Area, enabling customers seeking cross-border medical care to access top-tier healthcare resources and professional support with ease.
  3. Market-first Family Medical Privileges
    AXA cares for the health of both customers and their families, eligible policyholders can enjoy a 10% discount on outpatient consultations, while insured members under designated medical plans are entitled to up to 30% discount[7]. In a market-first[8] initiative, this outpatient consultation discount is also extended to the policyholders of all individual life products and/or the insured’s immediate family members[9]. By simply registering through Emma by AXA App, family members can access a 10% discount on consultation fees.

AXA Health Concierge provides customers with diversified and convenient treatment options, this network builds upon the previously launched “GBA Cancer Medical Concierge Service Network” and “GBA Endoscopy Medical Concierge Service Network,”

For further details about “AXA Health Concierge”, please visit: https://www.axa.com.hk/en/greater-bay-area-medical-concierge-service-network

[1] Applicable to eligible insured persons covered under designated medical insurance plans starting from 28 July 2025, including: AXA WiseGuard Pro Medical Insurance – Basic Plan / Supplementary Contract, Global Elite Medical Plan / Global Elite II Medical Plan, GlobalReach Medical Insurance Plan, MediPartner Health Plan, or the AXA WiseGuard Medical Insurance Plan, Smart Medicare or AXA Employee Benefits Insurance Scheme in Hong Kong; and AXA WiseProtect Pro Medical Insurance Plan – Basic Plan/Supplement Plan, Global Elite Medical Plan / Global Elite II Medical Plan, GlobalReach Medical Insurance Plan, MediPartner Health Plan, Smart Medicare or AXA Employee Benefits Insurance Scheme in Macau.

[2] Not applicable to AXA Employee Benefits Insurance Schemes.

[3] The “Medical Green Pass” is not applicable to eligible persons who suffer from acute illness, have been involved in an accident, or require urgent or immediate medical assistance. AXA will arrange hospitalization or outpatient consultation as soon as practicable but cannot guarantee the specific time available for appointment.

[4] The Hospital Authority – Specialist outpatient new case waiting times  during 1 April 2024 – 31 March 2025

[5] BBC News: “Cross-Border Consumption” Extends to “Cross-Border Medical Travel” – The Surprises and Challenges for Hongkongers

[6] “Market First” is based on AXA’s internal market research regarding the “Medical Green Pass” services available in the market. AXA provides patients with prioritised medical appointments at designated hospitals and healthcare networks in Hong Kong and mainland China, ensuring they receive the necessary medical care more swiftly. (Data as of 22 May 2025).

[7] The discounted outpatient consultations only covers the outpatient consultation fee and does not include the cost of medicines and other medical examinations. 

[8] The “Market first” is based on an internal market survey conducted by AXA on 27 Jun 2025, comparing it with similar types of “outpatient discount” offered in the Hong Kong market. The outpatient discount service will be unconditionally extended to the immediate family members of eligible AXA customers. Terms and conditions apply, please refer to the relevant webpage for details.

[9] “Immediate family members” refers to the insured/policyholder’s lawful spouse, children or parents.

About AXA Hong Kong and Macau

AXA Hong Kong and Macau is a member of the AXA Group, a leading global insurer with presence in 50 markets and serving 95 million customers worldwide. Our purpose is to act for human progress by protecting what matters. 

As one of the most diversified insurers in Hong Kong, we offer integrated solutions across Life, Health and General Insurance. We are the largest General Insurance provider and a major Health and Employee Benefits provider. Our aim is to not only be the insurer to provide comprehensive protection to our customers, but also a holistic partner to the individuals, businesses and community we serve. At the core of our service commitment is continuous product & service innovation and customer experience enrichment, which is achieved through actively listening to our customers’ needs and leveraging and investing in technology and digital transformation. 

We embrace our responsibility to be a driving force against climate change and a force for good to create shared value for our community. We are proud to be the first to address the importance of mental health through different products and services and thought leading iconic research. Our overall Sustainability Strategy, with emphasis on climate strategy and biodiversity commitment, is developed based on TCFD recommendations. We are committed to integrating environmental, social and governance factors across our business and strive to contribute to a sustainable future through 3 distinct roles – as an investor, an insurer and an exemplary company.

THIS PRESS RELEASE IS AVAILABLE ON AXA’S WEBSITE: AXA.COM.HK

IMPORTANT LEGAL INFORMATION AND CAUTIONARY STATEMENTS CONCERNING FORWARD-LOOKING STATEMENTS

Certain statements contained herein may be forward-looking statements including, but not limited to, statements that are predictions of or indicate future events, trends, plans or objectives. Undue reliance should not be placed on such statements because, by their nature, they are subject to known and unknown risks and uncertainties and can be affected by other factors that could cause AXA’s actual results to differ materially from those expressed or implied in the forward-looking statements. Please refer to Part 4 – “Risk factors and risk management” of AXA’s Universal Registration Document for the year ended December 31, 2019, for a description of certain important factors, risks and uncertainties that may affect AXA’s business, and/or results of operations. AXA undertakes no obligation to publicly update or revise any of these forward-looking statements, whether to reflect new information, future events or circumstances or otherwise, except as part of applicable regulatory or legal obligations.