HONG KONG, July 22, 2025 - (ACN Newswire via SeaPRwire.com) - On July 22, CaoCao announced a strategic partnership with Geespace, a leading commercial aerospace company in China, to further enhance autonomous driving safety standards by leveraging the satellite services of the "Geely Constellation." The collaboration aims to ensure that robotaxis remain "always online, never disconnected."(Attendees: Yang Jian, Vice Chairman of Zhejiang Geely Holding Group (third from left); Gong Xin, Executive Director and CEO of CaoCao (second from left); Wang Yang, CEO of Geespace (second from right); Qiang Qi, CTO of CaoCao (first from left); Qu Suchao, Deputy General Manager of Geespace and General Manager of Lane Position (first from right))Both parties plan to explore the application of global satellite communication and high-precision positioning technologies for managing and operating robotaxi fleets. The integration of satellite application products and services into CaoCao's robotaxis will establish CaoCao as the world’s first mobility platform to fully incorporate low-Earth orbit (LEO) satellite communication and centimeter-level, high-precision positioning technologies into robotaxi operations. This initiative paves the way for the future large-scale deployment of robotaxis and ensures their safety.Satellite Direct-to-Device Enhances Vehicle Safety RedundancyWhen it comes to safety, CaoCao's human-driven ride-hailing service is already ahead of the industry. CaoCao's accident rate per order in both 2023 and 2024 was significantly lower than the industry average, according to Frost & Sullivan data. This was due to the company's hardware redundancy and professional drivers.Currently, CaoCao is conducting a pilot program for robotaxis and steadily expanding its fleet. To provide the safest possible travel experience for robotaxis, CaoCao is leveraging aerospace technology to improve safety beyond vehicle hardware redundancy. These lay a solid foundation for the upcoming rapid development phase of autonomous driving.It is learned that robotaxis on the CaoCao platform will gain two key capabilities:Safety Redundancy of Satellite Communication: Robotaxis are equipped with integrated satellite communication capabilities to ensure real-time data transmission and emergency status reporting even in remote operational areas. As a result, uninterrupted and dependable connectivity between robotaxis and the control center establishes a substantial foundation for remote monitoring, dispatching, and emergency intervention.Centimeter-Level Positioning Accuracy: Robotaxis are paired with high-precision sensors. These sensors minimize positioning errors to an extremely low level. They can even achieve precise lane-level positioning and tracking in complex environments like urban canyons and overpasses. Additionally, their strong ability to withstand interference ensures that positioning signals remain stable and reliable during severe weather, including heavy rain.Gong Xin, CEO of CaoCao, stated: “Safety is the core prerequisite and ultimate test for robotaxi commercialization. By selecting and deploying satellite application products and services, we are integrating 'heaven' (satellite technology) and 'earth' (robotaxi intelligence) to build an innovative, multilayered safety redundancy system. This system represents not only a synergy of cutting-edge technologies, but also CaoCao's firm commitment to safeguarding user safety and leading the future of secure mobility."Further Upgraded Robotaxi Ecosystem of CaoCaoBacked by the Geely Group, CaoCao is a key pillar of the group’s future mobility strategy, establishing China’s first closed-loop, fully self-developed ecosystem encompassing "customized vehicles + autonomous driving technology + mobility platform." CaoCao now stands as the only Chinese mobility company whose full-chain capabilities are comparable to Tesla’s "manufacturing + autonomous driving + operations" model.CaoCao’s robotaxi platform seamlessly integrates its operational expertise with the Geely Group’s strengths in automotive manufacturing and autonomous driving technology. With its proven capabilities in service standardization, cost optimization, and asset management—all validated through customized vehicles—CaoCao is well-positioned to drive the large-scale deployment of robotaxi services.The strategic partnership with Geespace exemplifies the efficient synergy within the Geely Group’s smart mobility technology ecosystem. As the Geely Group’s provider of aerospace information and communication infrastructure and solutions, Geespace focuses on constructing and operating a LEO satellite constellation, manufacturing satellites, and developing satellite applications. Geespace also independently builds and operates the "Geely Constellation," which currently consists of 30 in-orbit satellites and over 5,000 high-precision ground-based positioning stations across China. These efforts rank Geespace among the industry leaders in terms of hardware scale and operational support capabilities.As members of the Geely ecosystem, CaoCao and Geespace collaborate to eliminate data coordination barriers caused by differing technical standards in traditional supply chains. This not only highlights the synergistic advantages of CaoCao’s robotaxi ecosystem but also propels China’s autonomous driving industry into a new phase of secure and controllable ecological integration, moving beyond mere technological convergence. Copyright 2025 ACN Newswire via SeaPRwire.com.

The Calculator helps Malaysian companies identify key GHG emission sources in line with the ‘Emissions’ disclosure requirements of the Simplified ESG Disclosure Guide (SEDG) for SMEs in Supply Chains.KUALA LUMPUR, July 22, 2025 - (ACN Newswire via SeaPRwire.com) - Capital Markets Malaysia (“CMM”), an affiliate of the Securities Commission Malaysia (“SC”), today launched the SEDG Greenhouse Gas (“GHG”) Emissions Calculator for Small and Medium Enterprise (“SMEs”). The user-friendly tool is designed to help Malaysian companies measure and report their Scope 1 and Scope 2 emissions based on the globally recognised Greenhouse Gas (GHG) Protocol.Dato’ Mohammad Faiz Azmi, Executive Chairman of the SC and Chairman of CMM said, “For many SMEs in Malaysia, particularly those operating in global supply chains, the ability to accurately measure and report their Scope 1 and Scope 2 emissions is critical in responding to disclosure demands of their customers.Photo 1: Dato' Mohammad Faiz Azmi, Executive Chairman of the SC and Chairman of CMM“The SEDG GHG Emissions Calculator simplifies a complex process, making emissions reporting accessible even to first-time users. Beyond reporting, it also enables companies to pinpoint key emission sources across operations, allowing them to make informed decisions and move towards meaningful climate action,” he said.“The calculator further complements efforts by the SC to promote consistent and credible sustainability disclosures and supports the adoption of the National Sustainability Reporting Framework by Malaysian companies,” he added.To ensure consistency and credibility, the SEDG GHG Emissions Calculator utilises a methodology which follows widely accepted international standards such as the GHG Protocol Corporate Accounting and Reporting Standard and Intergovernmental Panel on Climate Change (IPCC). These standards are also used by the Malaysian government in the Biennial National Communications to the UNFCCC.The Calculator comes with pre-filled emission factors from the IPCC'S 6th Annual Report (AR6) for fuel combustion commonly used in Malaysia such as diesel, petrol, LPG, natural gas, and others. Emission factors for grid electricity consumption come from local sources such as publications from Malaysia’s Energy Commission.Navina Balasingam, General Manager of CMM said, “The SEDG has received widespread acceptance since its launch in October 2023. We’ve seen a strong response from Malaysian and multinational companies with large supply chains, utilising the SEDG to support ESG reporting by their SME suppliers.Photo 2: Navina Balasingam, General Manager of CMM“CMM will continue its nationwide workshops to help SMEs in supply chains disclose ESG data credibly and effectively. The Calculator is a key part of this effort, further simplifying the ‘Emissions’ disclosure requirements of the SEDG,” she said.“In developing the tool, we carried out a series of user acceptance tests (UATs) to understand the needs and expectations of SMEs across diverse sectors within the supply chain. To ensure broad accessibility, the Calculator is available at no cost to users, in three languages – English, Bahasa Melayu and Simplified Mandarin,” she added.As global sustainability standards, customer expectations, and ESG compliance requirements continue to evolve, it is essential that the SEDG remains relevant and practical for Malaysian businesses. In line with this, CMM also announced the release of SEDG Version 2, which includes three additional recommended disclosures designed to better align with the reporting needs of global customers.For more information, visit https://sedg.capitalmarketsmalaysia.com/About Capital Markets Malaysia (CMM)The Securities Commission Malaysia (SC) set up CMM in 2014 to spearhead the local and international positioning as well as profiling of the Malaysian capital market. Funded by the Capital Markets Development Fund, CMM showcases the competitiveness and attractiveness of the various segments of the Malaysian capital market – to promote international participation and enhance opportunities for domestic capital market intermediaries. CMM works to support the advancement of these entities through various initiatives and partnerships, focusing on four key areas: sustainable finance and investing, the Islamic capital market, the digital market, and capital market funding opportunities through the private market.For media queries, please contact:Farina FaridHead of Communications, Capital Markets MalaysiaE: FarinaF@seccom.com.my Copyright 2025 ACN Newswire via SeaPRwire.com.

BANGKOK, July 21, 2025 - (ACN Newswire via SeaPRwire.com) - Spacely AI, the Bangkok-based startup bringing generative AI to architecture and interior design, has raised US $1 million in Seed funding led by PropTech Farm Fund III, with participation from Wannaporn Phornprapha (Managing Director, P Landscape Co., Ltd.), Ted Poshakrishna Thirapatana (Founder, UTC Holdings Co., Ltd.), and Mek Srunyu Stittri (former VP Engineering, GitLab). The round follows Spacely AI's pre-seed investment from SCB 10X. The new capital will accelerate product development and expand the company's footprint in key global markets.Spacely AI Seed Round Fundraising InfographicSpacely AI's mission is to help architects win more business, unlock greater creativity, and cut costs. Its cloud suite delivers AI rendering for interior and exterior spaces, intuitive image-editing tools, AI virtual staging, and automated 3D model generation. Fully integrated with SketchUp via Extension Warehouse, the platform is adding support for more leading CAD tools so professionals can work inside the software they already know."Every architecture firm is rebuilding its workflow around AI," said Paruey Anadirekkul, CEO of Spacely AI. "Success now depends on how quickly you adapt - especially as clients are already experimenting with these tools."Seed proceeds will launch Spacely AI's next-generation 2D-to-3D automation engine, which removes up to 80 percent of manual concept work, establish a U.S. market presence, and equip global partners with sales and co-marketing resources."Design speed now determines deal speed," noted Fredrik Bergman, CEO of PropTech Farm. "We at PropTech Farm believe Spacely AI's instant visualisation turns hesitant prospects into committed buyers long before the first brick is laid."Wannaporn Phornprapha, Managing Director of P Landscape Co., Ltd., added, "Design workflows can be painfully slow. Spacely AI shows how technology can save time and energy for the work that truly matters."Over the past year, Spacely AI has grown revenue 10×, served more than 1,500+ architecture and interior-design firms in 50+ countries, and produced over two million unique renders. The company has won 1st Place at the Krungsri Finno Efra Accelerator, People's Choice at Paddle AI Launchpad, 2nd Runner-Up at the SketchUp Innovation Challenge, 1st Place at the Property Portal Watch Conference, a Top-10 spot in Echelon Top 100 Southeast Asia, and 2nd Runner-Up at Tech in Asia Startup Arena. The Verge recently named Spacely AI one of the most-recommended AI tools for design professionals.Spacely AI invites architects, interior designers, and real estate professionals to integrate AI into their workflows and experience a new standard of speed and creativity. Start a free trial or book a live demo at spacely.ai. Together, Spacely AI and its members will eliminate bottlenecks, spark bold ideas, and win projects faster.About Spacely AISpacely AI is a SaaS company bringing generative AI to the Architecture, Engineering, and Construction industry. Spacely AI's mission is to empower design professionals to win more business, unleash greater creativity, and cut project costs.About PropTech FarmPropTech Farm is a venture capital firm investing in early-stage real estate technology companies across Asia-Pacific and Europe. Backed by an experienced team with a track record of successful exits, the firm focuses on startups transforming the built environment across the full lifecycle-from planning and construction to property management and energy optimization. PropTech Farm combines hands-on support with global networks to help founders scale innovative solutions in complex, high-growth markets.PropTech Farm Fund 3 is structured as a sub-fund of Florissant VCC and managed by Swiss-Asia Financial Services.Contact InformationNawinda HanMarketinghello@spacely.aiSOURCE: Spacely AI Copyright 2025 ACN Newswire via SeaPRwire.com.

SINGAPORE, July 21, 2025 - (ACN Newswire via SeaPRwire.com) - On July 15 2025, to mark the successful secondary listing of China Medical System Holdings Limited ("CMS" or the "Group") on the Main Board of the Singapore Exchange ("SGX"), SGX and CMS co-hosted the "Singapore and Emerging Markets Pharmaceutical Industry Growth Forum & CMS SGX Secondary Listing Appreciation Dinner". Held in a grand fashion, the event was held at the Group's CDMO manufacturing facility, PharmaGend, which is located in Tuas, Singapore.The event brought together about 150 representatives from local government agencies, multinational pharmaceutical companies, innovative biotech companies, leading investment institutions, and the KOLs in the pharmaceutical industry. Through a series of insightful keynote speeches and panel discussions, guests engaged in in-depth exchanges and shared ideas on various topics, such as the pharmaceutical industry's development in Singapore and emerging markets across the Asia-Pacific region, the breakthroughs and overseas expansion of Chinese innovative drugs, the globalization strategies, commercialization pathways, as well as ecosystem collaboration of innovative pharmaceutical companies.The forum began with opening remarks by Ms. Caihan Chia, Head of Greater China Capital Markets and Chief Representative of Beijing Representative Office at SGX, and Ms. Louise Ho, Assistant Vice President of Healthcare Division and China Desk at the Singapore Economic Development Board. These were followed by keynote addresses from Mr. Siang Sheng Foo, Head of Investment Banking at Singapore CGS International Securities, Mr. Shriharsha Sarkar, Partner for Asia Healthcare at L.E.K. Consulting, and Ms. Kah Yean Neo, Senior Director at Singapore's Agency for Science, Technology and Research (A*STAR).Ms. Caihan Chia stated that in recent years, SGX has become increasingly attractive to Chinese enterprises through policy refinements, including tax incentives, capital support from the secondary market, and streamlined regulatory procedures. The successful listing of CMS showcases the growing interest among Chinese companies in the Singapore market. As one of leading healthcare companies, CMS's listing highlights the growing demand for medical innovation and medical service accessibility across Asia. With CMS seeking to expand its business in Southeast Asia, its listing on SGX will serve as a strategic springboard to connect with international investors and further reinforce Singapore's role as a vital capital hub.Emerging Markets: A New Growth Engine for the Global Pharmaceutical IndustryEmerging markets, such as Southeast Asia and the Middle East, are becoming new growth drivers for the global pharmaceutical industry. A combination of factors, including large populations, early signs of ageing, the rise of the middle class, growing health awareness, and the increasing burden of chronic diseases, is driving higher demand for medicines and improved accessibility. According to IQVIA, by 2028, the combined pharmaceutical market size of four major emerging regions - Asia-Pacific, India, Africa & the Middle East, and Latin America - is expected to reach USD 336 - 384 billion, comparable to the USD 410 billion market size projected for Western Europe.Singapore possesses geographical and institutional advantages for accessing Southeast Asia, the Middle East, and other emerging markets. With its robust financial system, open and inclusive policy environment, and thriving pharmaceutical industry, Singapore is increasingly becoming a global hub for capital and innovation. It has also become the preferred location for regional headquarters for many Chinese enterprises expanding into Southeast Asia.Seizing Opportunity: Strategic Pathways for Chinese Innovative Pharma to Expand into Emerging MarketsIn Southeast Asia's six major economies (SEA6), limited healthcare coverage means that out-of-pocket payments constitute the primary source of drug expenditure. While generics dominate, branded originator drugs continue to hold significant market share in private hospitals, retail pharmacies, and clinics. Patient demand for biologics and biosimilars continues to grow.In terms of commercialization models, traditional distribution model, which relies on third-party logistics (3PL), is gradually giving way to models with stronger commercial capabilities and strategic licensing partnerships. To achieve sustainable success in Southeast Asia, pharmaceutical companies must build competitive product portfolios, leverage experienced local sales teams, and consider establishing localized manufacturing capabilities, widely seen as key strategic advantages.The CMS's Approach: Building Dual Hubs in China and Singapore to Drive End-to-End InnovationWith over 30 years of experience in the Chinese market, CMS has accumulated a differentiated product portfolio and mature commercialization capabilities. Today, the Group is expanding its strategic vision across the Asia-Pacific region, using China as a foundation and Singapore as its regional hub. Through an end-to-end value chain of "R&D–manufacturing–commercialization–investment", CMS is driving innovation to deliver high-quality pharmaceutical products and services to patients worldwide.Mr. Lam Kong, Chairman, Chief Executive and President of CMS, delivered a keynote speech titled "New CMS, New Ascent: Three Strategies to Drive the Second Growth Curve." He shared that since launching its "New CMS" transformation strategy in 2018, the Group has propelled growth through three engines — product innovation, commercial transformation, and international expansion. This has enabled the Group's transition from "China's largest CSO" to "a pharmaceutical company in transformation," and finally, to "an end-to-end innovative pharmaceutical enterprise", with a sustainable second growth curve.In product innovation, driven by a three-dimensional approach of "Licensing, Strategic partnerships, and in-house R&D”, the Group has built a pipeline of nearly 40 FIC/BIC innovative drugs, five of which have been approved in China and are in large-scale clinical use. In the area of commercialization, CMS remains focused on cardio-cerebrovascular, gastroenterology, ophthalmology, and skin health specialties, while enhancing anti-cyclical resilience through a diversified ecosystem of "New retail, E-commerce, and Consumer healthcare". Its skin health subsidiary, Dermavon, has become a niche market leader in China and is now progressing toward a spin-off for an independent listing on the Hong Kong Stock Exchange. In the area of globalization, CMS is creating a dual-track model centred in China and Singapore, using a strategy of "bringing in" to accelerate overseas product launches in China, and a strategy of "moving outward" to establish an end-to-end presence in emerging markets. The successful listing on SGX will enhance its regional synergy and close the loop in the "R&D – Manufacturing – Commercialization – Investment" global value chain, unlocking growth from emerging markets and creating a multi-regional growth framework.CMS formally launched its industrial globalization strategy in 2022. At this event, CMS's international business clusters made their debut, showcasing its forward-looking, full industry chain layout and leadership in setting a new paradigm for Chinese pharmaceutical companies expanding overseas.PharmaGendEstablished in 2023, PharmaGend aims to become Southeast Asia's largest and most reliable CMO/CDMO. It has a site spanning 30,000 square meters and is capable of manufacturing dosage forms such as tablets and capsules, which has been certified by the FDA and HSA, demonstrating its high-standard pharmaceutical manufacturing capabilities for global export. It has future plans to expand production lines for injections, ointments, and nasal sprays. RxilientEstablished in 2021, Rxilient operates by a professional and experienced localized team, and has fully established BD, registration, marketing, andcommercialization capabilities. Leveraging its unique local expertise and advantages, Rxilient can bring innovative drugs to emerging markets led by Southeast Asia and the Middle East. It has submitted marketing applications for nearly 20 drugs and medical devices across Southeast Asia, the Middle East, and regions such as Hong Kong, Macao, and Taiwan, covering the therapeutic areas of dermatology, ophthalmology, oncology, autoimmune, and central nervous system. As more drugs receive regulatory approval in these countries, Rxilient anticipates sustained and significant revenue growth.CMS R&DEstablished in Singapore in 2024, CMS R&D has been working on more than 10 early-stage innovative drug projects. Leveraging China's mature early-stage R&D and clinical resources, it aims to synchronize China speed with global standards to advance more Chinese innovative drugs toward globalization.HiGendEstablished in 2025, HiGend is a global early-stage bio-pharma incubation platform which uses a "hub-and-spoke" model, integrating China's innovation capabilities to accelerate global R&D and commercialization.Subsequently, three panel discussions were held in succession, which facilitated an in-depth exchange between industry and capital, driving the forum to its climax. Distinguished guests from various parties freely shared insights on the continuous development and diversification of the pharmaceutical ecosystem, and jointly explored the future of pharmaceutical expansion into emerging markets.Panel Discussion 1 – Challenges and Breakthroughs: The Enduring Power of Organizational and Strategic Long-Term VisionThe emerging markets of today share numerous similarities with China's pharmaceutical landscape twenty years ago, which are currently experiencing a critical period of accelerated demand release for pharmaceuticals, constituting medium- to long-term structural opportunities. Undoubtedly, these markets are diverse and complex — each country has its own unique characteristics in terms of drug regulation, healthcare insurance mechanisms, and market acceptance. However, CMS's core strength lies in its systematic commercialization capabilities, which it is now extending to emerging markets. CMS's senior management team, alongside its business partners, jointly reviewed and discussed the key factors contributing to its commercial excellence, as well as the pathways driving the Group's second growth curve.The first panel discussion was moderated by Mr. Brian Yang, Vice President for Business Development at Rxilient. Participants included Mr. Karl Luschmann, Managing Director of Pharma Stulln GmbH, and Ms. Linlang Wang (formerly the first product manager of the Augentropfen Stulln Mono Eye Drops ("Stulln") in China), General Manager of CMS's ophthalmology business, CMS Vision, among others. Collectively, they reviewed the core strategies behind the rapid, year-on-year growth of Stulln in the Chinese market- a focus on clinical value and continuous innovation in commercialization models. CMS adhered to prioritizing clinical efficacy, amassing substantial evidence to demonstrate the clinical value of Stulln in treating asthenopia, and leveraging medical advancements to drive product commercialization. Meanwhile, CMS also continuously revamped its commercialization model by establishing a full-channel retail system that integrates in-hospital and out-of-hospital sales, developing an "online + offline" omnichannel marketing system, and adopting a diversified product portfolio strategy in consumer attributes. These concerted efforts facilitated the sustained, rapid growth and wide recognition of Stulln within the Chinese market.Mr. Victor Yin, Country Manager of Incyte Bioscience China, Mr. Huang Anjun, CEO of Dermavon (CMS's skin health business), and Mr. Lawrence He, CEO of Rxilient, jointly retraced the entire journey of launching ruxolitinib cream — a blockbuster prescription drug with consumer attributes. From the signing of the collaboration agreement and pilot launch in Hainan Boao Lecheng pilot zone, to marketing approvals in Macao, followed by Hong Kong, introduction into designated hospitals in the Greater Bay Area in China, and the NDA has been submitted in China, Singapore, and other countries or regions. Leveraging mature clinical development experience and capabilities, proven commercialization competence, a compliant operational system, and efficient execution, the group earned high recognition and trust from Mr. Victor Yin.Together, the parties have helped bring new hope to vitiligo patients in both China and Southeast Asia simultaneously.These successful commercialization experiences not only provide valuable business model references for international pharmaceutical companies entering the Chinese market, but also offer significant insights for Chinese pharmaceutical companies looking to expand into emerging markets overseas.Panel Discussion 2 – Breaking Through: Diverse Explorations for Chinese Innovative Pharmaceutical Companies to Expand into Emerging MarketsOver the past three years, Chinese pharmaceutical companies have secured over USD 10 billion in upfront payments through license-out deals. However, the majority of these transactions remain concentrated in mature markets led by Europe and the United States. Looking ahead, the next engine of growth may shift toward emerging markets such as Southeast Asia, the Middle East, and Latin America — regions with a combined population of approximately 1.8 billion and per capita healthcare spending is merely one-fifth that of Western markets. While pharmaceutical demand is accelerating in these areas, challenges persist, including limited payment capacity and significant differences in regulatory systems. Whether Chinese pharmaceutical companies can effectively replicate and localize their domestic development and innovation models in these blue ocean markets, will determine the scale and sustainability of their second growth curve.The second panel discussion, moderated by Mr. Brian Yang, featured esteemed representatives from leading Chinese innovative pharmaceutical companies that are closely collaborating with CMS, including Tibet Nordicon Pharma, NeuroDawn Pharmaceutical (Ningdan Pharmaceutical), Mabgeek Biotech, and Jingze BioPharmaceutical. Using examples such as XinHuoSu (for acute decompensated heart failure), Y-3 for Injection (under development for stroke treatment), ABP-671 (under development for gout) etc., participants held in-depth discussions on topics, including "What constitutes truly clinically valuable innovation" and "How to implement commercialization pathways within emerging markets"True innovation value stems from professionalism and dedicated focus. It requires researchers to remain committed to a specific field over the long term, and to validate new targets and drug structures through reverse translational research, thereby identifying their potential clinical value. Since China officially joined the International Council for Harmonization of Technical Requirements for Pharmaceuticals for Human Use (ICH) in 2017 and became a member of its steering committee, the quality of Chinese innovative pharmaceutical products has improved rapidly and has gradually gained global recognition. In addition to entering mature markets led by Europe and the U.S., Chinese innovators are increasingly turning their attention to emerging blue ocean markets such as Southeast Asia, actively exploring parallel regulatory filings in both emerging and mature markets. For innovative pharmaceutical companies, globalization strategies should be integrated into the early stages of pipeline development cycles and macro-level strategy. It is also crucial to seek out a business partner that possesses the entire value-chain capabilities — including experienced local clinical registration teams, manufacturing capacity, and commercialization operations—in order to drive efficient product launches and expand access to high-quality medical solutions across a broader range of geographies.Panel Discussion 3 – Setting Sail: Pharmaceutical Expansion into Emerging MarketsThe third panel discussion was moderated by Mr. Frank Hong, Managing Director of Legend Capital, engaging multiple leading pharmaceutical analysts from renowned investment banks and representatives from investment institutions in an insightful sharing and in-depth discussion on the international expansion of innovative drug products and pharmaceutical industry globalization. Participants pointed out that China's pharmaceutical industry is currently at a strategic inflection point for global expansion. The Intellectual Property (IP) licensing model has preliminarily demonstrated the global competitiveness of Chinese innovation. However, for most domestic pharmaceutical companies, this process remains in the "isolatedbreakthrough" phase. To achieve the transition from a practice of "one-time licensing" to "sustained global engagement," Chinese pharmaceutical companies must look to multinational pharmaceutical giants as a benchmark — internationalizing their commercialization, manufacturing, and R&D capabilities to build a replicable, scalable, and sustainable global industrial ecosystem.Achieving this goal is no easy task. While many Chinese pharmaceutical companies have begun exploring emerging markets, they often face challenges such as fragmented distribution channels and difficulty in standardizing operational systems. Only by maintaining conviction and building a fully integrated, internationalized ecosystem across the entire value chain can companies transform one-off licensing revenues into long-term brand equity and control of the value chain, ultimately earning a sustained voice and competitive edge in the global arena.Though the forum's spotlight has dimmed, the consensus reached continues to shine like a beacon: Southeast Asia, the Middle East, and other emerging markets are quickly becoming the next major destinations for the global pharmaceutical industry. CMS's fully localized framework covering "Research, Manufacturing, Commercialization, and Investment" has paved the way for industrial expansion overseas, constructing a bridge to globalization. With an open and win-win attitude, the Group welcomes innovators, regulators, and capital from around the world to work together in bringing more Chinese and global innovative drugs to emerging markets, fostering international growth. CMS sincerely invites partners across all sectors to seize the growth opportunities of the Asia-Pacific region and jointly promote innovation in the pharmaceutical industry across emerging markets, so that more innovative therapies may benefit patients around the world.Media Contact:Company: China Medical System Holdings Ltd.Contact: CMS Investor RelationsEmail: ir@cms.net.cnWebsite: https://web.cms.net.cn/en/home/Source: China Medical System Holdings Ltd. Copyright 2025 ACN Newswire via SeaPRwire.com.

Brisbane, Queensland, Australia--(ACN Newswire via SeaPRwire.com - July 21, 2025) - Graphene Manufacturing Group Limited (TSXV: GMG) (OTCQX: GMGMF) ("GMG" or the "Company") is pleased to provide an update to the composition of the Company's Technical Advisory Committee which will support the Company as it proceeds into its next phase of development.The Company is pleased to announce the addition of Professor Emeritus Doug Hargreaves AM (Australia) to the Company's Technical Advisory Committee, adding deep insight, experience and connections to GMG.Professor Emeritus Doug Hargreaves AMTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/8082/259441_b86d67f984d8eb7f_001full.jpgDoug is a highly respected Professor Emeritus of Engineering at Queensland University of Technology (QUT), a member of the Order of Australia, previous National President and an Honorary Fellow of the Engineers Australia, Board Member of the Federation of Engineering Institutions in the Asia Pacific and the Executive Officer of the Australian Council of Engineering Deans. Doug has a Doctor of Philosophy (PhD) and a Masters of Science (MSc) with Distinction in Tribology from the University of Leeds. He serves on multiple Committees and Technical Advisory Boards.Doug joins Bob Gaylen (USA), Company Director and the other member of the Technical Advisory Committee.Bob is a highly experienced executive in the battery energy storage world and science/engineering-based communities. Bob was previously the Chief Technology Officer (CTO) of Contemporary Amperex Technology Company Limited (CATL). CATL is widely known as the largest lithium ion battery manufacturer in the world — supplying electric vehicles and high efficiency storage systems. He serves on multiple Committees of Directors and Technical Advisory Boards.GMG's Managing Director and CEO, Craig Nicol, commented: "We welcome Doug to the global GMG team and we look forward to his valuable insights and working with him as we bring GMG's novel product portfolio to various industries around the world."GMG's Director, Bob Galyen, commented: "Welcome Doug — I look forward to your valuable contribution to the Technical Advisory Committee and help supporting the commercialisation of GMG's world leading products."About GMG:GMG is an Australian based clean-technology company which develops, makes and sells energy saving and energy storage solutions, enabled by graphene manufactured via in house production process. GMG uses its own proprietary production process to decompose natural gas (i.e. methane) into its natural elements, carbon (as graphene), hydrogen and some residual hydrocarbon gases. This process produces high quality, low cost, scalable, 'tuneable' and low/no contaminant graphene suitable for use in clean-technology and other applications.The Company's present focus is to de-risk and develop commercial scale-up capabilities, and secure market applications. In the energy savings segment, GMG has initially focused on graphene enhanced heating, ventilation and air conditioning ("HVAC-R") coating (or energy-saving coating) which is now being marketed into other applications including electronic heat sinks, industrial process plants and data centres. Another product GMG has developed is the graphene lubricant additive focused on saving liquid fuels initially for diesel engines.In the energy storage segment, GMG and the University of Queensland are working collaboratively with financial support from the Australian Government to progress R&D and commercialization of graphene aluminium-ion batteries ("G+AI Batteries"). GMG has also developed a graphene additive slurry that is aimed to improve the performance of lithium-ion batteries.GMG's 4 critical business objectives are:Produce Graphene and improve/scale production processesBuild Revenue from Energy Savings ProductsDevelop Next-Generation BatteryDevelop Supply Chain, Partners & Project Execution CapabilityFor further information please contact:Craig Nicol, Chief Executive Officer & Managing Director of the Company at craig.nicol@graphenemg.com, +61 415 445 223Leo Karabelas at Focus Communications Investor Relations, leo@fcir.ca, +1 647 689 6041Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accept responsibility for the adequacy or accuracy of this news release.Cautionary Note Regarding Forward-Looking Statements This news release includes certain statements and information that may constitute forward-looking information within the meaning of applicable Canadian securities laws. Forward-looking statements relate to future events or future performance and reflect the expectations or beliefs of management of the Company regarding future events. Generally, forward-looking statements and information can be identified by the use of forward-looking terminology such as "intends", "expects" or "anticipates", or variations of such words and phrases or statements that certain actions, events or results "may", "could", "should", "would" or will "potentially" or "likely" occur. This information and these statements, referred to herein as "forward‐looking statements", are not historical facts, are made as of the date of this news release and include without limitation, the development of GMG's product portfolio and the role of the Technical Advisory Committee in doing so.Such forward-looking statements are based on a number of assumptions of management, including access to capital for growth, growth of sales based on ongoing customer feedback, technical product development and scale-up progress, manufacturing and supply chain can be scaled accordingly, the market will accept and buy the Company's products within the required timeframe, the Company will maintain regulatory compliance and will recruit and retain talent required for growth, the Company will be able to manage geopolitical factors and protect its intellectual property. Additionally, forward-looking information involves a variety of known and unknown risks, uncertainties and other factors which may cause the actual plans, intentions, activities, results, performance or achievements of GMG to be materially different from any future plans, intentions, activities, results, performance or achievements expressed or implied by such forward-looking statements. Such risks include, without limitation: financial viability, technical development and scale-up uncertainty, manufacturing and supply chain complexity, market acceptance, regulatory compliance, talent retention, geopolitical factors, and protection of intellectual property. and the risk factors set out under the heading "Risk Factors" in the Company's annual information form dated October 3, 2024 available for review on the Company's profile at www.sedarplus.ca.Although management of the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking statements or forward-looking information, there may be other factors that cause results not to be as anticipated, estimated or intended. There can be no assurance that such statements will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking statements and forward-looking information. Readers are cautioned that reliance on such information may not be appropriate for other purposes. The Company does not undertake to update any forward-looking statement, forward-looking information or financial out-look that are incorporated by reference herein, except in accordance with applicable securities laws. We seek safe harbor.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/259441 Copyright 2025 ACN Newswire via SeaPRwire.com.

SAN DIEGO, CA, July 22, 2025 - (ACN Newswire via SeaPRwire.com) - Source Intelligence has launched its EUDR solution to help companies simplify deforestation risk management and automate compliance workflows ahead of upcoming enforcement deadlines. Purpose-built for the European Union Deforestation Regulation (EUDR), the SaaS-based solution enables businesses to streamline supply chain traceability, risk assessment, and due diligence reporting. As companies prepare for the regulation's requirements, failure to comply could result in fines of up to 4% of annual turnover, making early action essential.Source Intelligence Logo Source Intelligence's logo and "Trust your source" taglineSource Intelligence's solution enables companies to implement an end-to-end EUDR due diligence workflow, from tracing product origins and validating supplier data to identifying deforestation risk and submitting due diligence statements. A direct integration with the EU TRACES platform allows Source Intelligence to submit statements on behalf of clients as an authorized representative, helping companies streamline final reporting requirements.With Source Intelligence's EUDR solution, companies can:Enhance supply chain visibility by mapping sub-tier relationships and tracking sourcing activity in real timeIdentify deforestation risks faster using Article 9-aligned scoring and multi-source environmental datasetsImprove efficiency through automation and a direct connection to EU TRACESReduce compliance risk by proactively flagging high-risk suppliers and sourcing areas using satellite imagery and customizable risk modelsThe platform's satellite-powered deforestation detection tools assess land use change with precision and provide actionable insights for risk mitigation. These capabilities are bolstered by real-time data validation, customizable risk assessments, and centralized documentation-all designed to help companies operationalize the three-step due diligence process outlined by the European Commission."The EUDR requires companies to reach deeper into their supply chains, gather more specific data, and act on risk with greater speed," said Mike Flynn, Chief Product Officer at Source Intelligence. "Our solution is designed to make that process manageable-combining automation, advanced risk screening, and satellite monitoring to help businesses take control of their due diligence obligations before enforcement begins."While the EUDR is already in force, operators and traders must fully implement the required due diligence process by December 30, 2025. Micro and small enterprises have until June 30, 2026. With deadlines fast approaching, Source Intelligence offers a streamlined path to readiness. Interested organizations are invited to schedule a demo and experience the advanced EUDR solution firsthand.About Source IntelligenceSource Intelligence is the leading provider of AI-driven supply chain compliance and sustainability software. Built for mid-market and enterprise manufacturers, our configurable SaaS platform centralizes supply chain data, automates regulatory workflows, and scales with program maturity. Our software blends AI and in-house expert oversight to deliver efficiency without compromising accuracy. From product compliance and EPR to conflict minerals and component obsolescence, we help global compliance teams reduce risk, improve visibility, and meet evolving obligations with confidence. Learn more at www.sourceintelligence.com.Contact InformationAmanda LindbergDirector of Marketingamanda.lindberg@sourceintel.comSOURCE: Source Intelligence Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, July 20, 2025 - (ACN Newswire via SeaPRwire.com) - As the Hong Kong Observatory will consider issuing Strong Wind Signal No. 3 between 7 and 9 pm, the Hong Kong Book Fair, Hong Kong Sports and Leisure Expo and World of Snacks will reopen earlier to the public at 9am tomorrow (21 July), with extended evening hours, allowing residents and tourists to immerse themselves in the worlds of literature, sports and leisure activities and snacks with a single ticket. The opening hours for the remaining two days of the fairs are as follows:21 July- The Hong Kong Book Fair will open earlier at 9am and will be extended and close at 11pm.- The Hong Kong Sports and Leisure Expo and World of Snacks will open earlier at 9am and will be extended and close at 10pm.22 July- The three fairs will open from 9am to 5pm.Admission tickets purchased on 20 July can be used within the remaining fair days. Alternatively, ticket holders may request a refund upon presentation of unused valid tickets. VIP tickets and complimentary tickets are not eligible for refunds. Refund arrangements will be announced on the Book Fair website (www.hkbookfair.com).Media enquiriesHong Kong Book Fair, Hong Kong Sports and Leisure Expo and World of SnacksYuan Tung Financial Relations:Agnes Yiu  Tel: (852) 3428 5690  Email: ayiu@yuantung.com.hkSalina Cheng  Tel: (852) 3428 2362  Email: salcheng@yuantung.com.hkHKTDC Communications & Public Affairs Department:Snowy Chan  Tel: (852) 2584 4525  Email: snowy.sn.chan@hktdc.orgSerena Cheung   Tel: (852) 2584 4272  Email: serena.hm.cheung@hktdc.orgHong Kong Sports and Leisure Expo, World of SnacksHKTDC Communications & Public Affairs Department:Stanley So Tel: (852)2584 4049  Email: stanley.hp.so@hktdc.orgJane Cheung  Tel: (852) 2584 4137 Email: jane.mh.cheung@hktdc.orgHKTDC Media Room: http://mediaroom.hktdc.comAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferencesand business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus.  Copyright 2025 ACN Newswire via SeaPRwire.com.