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BEIJING, Dec. 24, 2025 /PRNewswire/ -- A news report from chinadaily.com.cn: Hainan Pavilion at the CITM 2025. [Photo provided to chinadaily.com.cn] China launched island-wide special customs operations on Dec 18 in the Hainan Free Trade Port, the world's largest FTP by area, as global tourism leaders gathered on the island — a move that industry insiders believe could reshape tourism cooperation, investment and visitor flows in the coming years. The change in a package of policies coincided with the opening of the China International Travel Mart 2025 in Haikou, the capital of Hainan province, on Dec 19. The three-day fair has attracted more than 1,000 business operators and representatives from 101 countries and regions, a record level of participation that organizers say reflects growing international interest in the island province. Industry participants say the expected surge in cooperation is underpinned by Hainan's entry policies, which include visa-free access for travelers from 86 countries, as well as expanded visa-waiver arrangements for cruise passengers and tour groups. Combined with the new customs operations, these measures are positioning the island as a platform for joint tourism ventures. Thailand, the guest of honor at this year's travel mart, also highlighted the broader implications of the shift in a range of policies. Thapanee Kiatphaibool, governor of the Tourism Authority of Thailand, said that "two-way tourism" would be central to future growth, suggesting that Hainan's development could support more balanced tourist flows and shared destination marketing. "Hainan's customs operations make it easier for us to engage directly with the Chinese market," said Jan Vislocky of Slovakia's Vislocky Travel. Inbound travel to Hainan has surged since Dec 18. Data from travel platform Qunar shows that international flight bookings to Haikou from this Christmas through the 2026 Spring Festival holiday have increased by more than 40 percent compared to the previous year. Visitors are already experiencing the effects. Vika Karenina, a tourist from Russia, said the wide range of international payment options and the absence of a tax refund process made her shopping at Sanya's duty free city seamless. "I've really enjoyed the sun and beach on this visit to Sanya, and the timing was perfect to experience duty-free shopping — it was the most delightful surprise of my trip," Karenina said on Dec 18 at Sanya International Duty Free Complex. "The whole shopping experience was as smooth as clearing customs," she said. "Next time, I'm bringing my family." For more information, please click https://bit.ly/4j04O5A
SINGAPORE, Oct. 9, 2025 /PRNewswire/ -- Singapore's Land Transport Authority (LTA) recently announced that a consortium comprising MKX Technologies, MOGOX (trading as Zhidao Network Technology Co. Ltd., Beijing) and BYD (Singapore), has been awarded the contract for Singapore's autonomous bus service pilot project. This landmark initiative establishes Singapore's first L4 autonomous public bus pilot, marking a strategic advancement in the company's global expansion. In the second half of 2026, LTA plans to deploy autonomous public buses for pilot operations on Service 191 in one-north and Service 400 along Marina Bay and Shenton Way. Connecting major hubs such as Marina Bay Cruise Centre, Gardens by the Bay and MRT stations, the initiative marks the first time autonomous buses have been incorporated into a public transport system overseas for real-world daily use. In January this year, LTA launched a Request for Proposal (RFP) to seek industry's proposals to pilot autonomous public bus services. These autonomous buses will be deployed from mid-2026 for an initial period of three years. MOGOX distinguished itself from several competitors through its advanced L4 full-stack autonomous driving technology, proven deployment experience, and reliable delivery capabilities. As a core technical service provider for the project, MOGOX is tasked with L4 full-stack autonomous driving technology R&D and providing integrated hardware and software suites for autonomous vehicles, including components such as lidar, millimeter-wave radar, and cameras, along with fleet management and remote operation systems. "We commend the strong collaboration with our consortium partners MKX and BYD," said Bin Lv, Vice President of MOGOX. "In the next phase, we will maintain our joint efforts to implement and advance the autonomous driving project in Singapore." As a technology company focused on building AI Network and developing applications for L4 autonomous driving technology, MOGOX is one of the few companies in China that has established joint ventures with multiple commercial vehicle manufacturers and engaged in deep collaboration on autonomous vehicle R&D and real-world deployment. In recent years, MOGOX has consistently deepened the integration of AI capabilities with autonomous driving technologies. By employing end-to-end perception models and hybrid architectures, the company has significantly enhanced vehicle adaptability and generalization capabilities in urban scenarios. Coupled with its self-developed MogoMind physical AI large model, the vehicles are endowed with deep cognitive and autonomous decision-making abilities, ensuring high safety and reliability of the autonomous driving system in real-road conditions. Currently, MOGOBUS autonomous buses have been deployed in regular operations across open roads, scenic areas, and campuses in more than 10 provinces in China, having accumulated over 2 million kilometers of safe driving distance and served more than 200,000 passenger rides. These vehicles have repeatedly provided autonomous shuttle services for international events and competitions, including the United Nations Global Environmental Scientists Conference, the 31st FISU World University Games, and the Formula 1 Chinese Grand Prix. Moving forward, MOGOX will deepen collaboration with Singapore's transport authority and local partners, contributing to the development of safe, smart, and sustainable public transportation systems in Singapore and more cities worldwide. Through these efforts, autonomous driving is poised to become another exemplary showcase of Chinese technological innovation on the global stage.
Strategic partnership to deliver transcriptomics-powered, organoid-based preclinical testing for high-impact drug discovery SEOUL, South Korea, July 21, 2025 /PRNewswire/ -- CorestemChemon, a leading GLP-certified preclinical CRO based in South Korea, has entered into a strategic partnership with ATG Lifetech, a biotechnology company specializing in transcriptome analytics and organoid-based modeling. This collaboration aims to deliver next-generation, precision-driven non-clinical solutions to pharmaceutical companies and biotech ventures across the U.S., Europe, and Asia. Through this partnership, the two companies will co-develop: A transcriptome-based evaluation platform for predictive drug efficacy and safety profiling Disease-relevant organoid models for liver, heart, and the blood-brain barrier (BBB) A high-throughput transcriptomics analytics service for differentiating true vs. false positives in tumorigenicity studies Shared access to regulatory-aligned expertise for global clients targeting FDA/EMA pathways "ATG Lifetech's disruptive transcriptome and organoid platforms will significantly elevate the scientific fidelity of our preclinical services," said a CorestemChemon spokesperson. "This alliance positions us to compete as a global CRO partner offering best-in-class biological relevance and regulatory readiness." Organoid-based assays are increasingly recognized for their translational advantage, offering up to 5x greater predictive accuracy in toxicity and efficacy screening compared to conventional 2D cell cultures, according to industry benchmarks. When integrated with whole-transcriptome analysis, these platforms enable earlier go/no-go decisions in drug pipelines, helping clients de-risk clinical entry and reduce overall development timelines. "Investors should note that this partnership directly supports CorestemChemon's strategic growth plan to expand high-margin, IP-driven CRO services globally. Revenue-generating service offerings are expected to begin rolling out by late 2025, with significant global demand already projected." ATG Lifetech brings validated expertise from its international collaborations, including with ACROBiosystems (Switzerland), and has been selected as a core developer in several South Korean government-backed biopharma initiatives. The two companies plan to showcase their joint research outputs at a major toxicology and preclinical science conference in Q4 2025. Global service launches will follow, focused on biotech and pharmaceutical customers in need of high-content, biologically faithful preclinical testing. CorestemChemon (KOSDAQ: 166480) is a full-service preclinical CRO with over two decades of experience in GLP-based toxicology, pharmacokinetics, and regulatory compliance. The company operates multiple AAALAC-certified facilities and partners with leading biopharmaceutical innovators across Asia, the U.S., and Europe.
SINGAPORE - Media OutReach Newswire – 1 July 2025 – Gaw Capital Partners, a leading multi-asset investment management firm, is pleased to announce the appointment of Mr. Nicholas Toh as Managing Director – Head of Data Centre Platform, Asia (Ex-China), effective today. Based in Singapore, Mr. Toh will focus on Pan Asia data centre investments and asset management, leading the firm's strategy across the region. Nicholas Toh Mr. Toh brings over 20+ years of investment and operational experience in the data centre industry. Prior to joining Gaw Capital, he previously served as Asia General Manager at Edgnex Data Centres by DAMAC, Group Chief Executive Officer at DCI Data Centers, and was a founding member of both ST Telemedia Global Data Centres (STT GDC) and Securus Data Property Fund (now Keppel DC REIT). Through these roles, he has built strong relationships with key strategic hyperscale customers and is highly experienced in structuring complex cross-border joint ventures. Kenneth Gaw, President and Managing Principal of Gaw Capital Partners said, "We are delighted to welcome Nicholas to Gaw Capital. His extensive leadership and operational experience in the data centre sector, and entrepreneurial approach to building and scaling data centre platform make him an exceptional addition to our team. As we continue to expand our digital infrastructure footprint across Asia, Nicholas will play a critical role in shaping our strategy and driving value for our investors and stakeholders." Mr. Toh holds a Graduate Diploma in Applied Finance and Investment from the Financial Services Institute of Australasia, and a dual Bachelor's degree in Business Management and Economics from the University of Queensland. Hashtag: #GawCapitalPartners The issuer is solely responsible for the content of this announcement.About Gaw Capital PartnersBased in Asia, Gaw Capital Partners is a multi-asset investment management firm focusing on real estate, growth equity, private credit and infrastructure markets globally. Since its inception in 2005, the firm has raised seven commingled funds targeting Asia Pacific, alongside value-add /opportunistic funds in the US, a Pan-Asia Hospitality Fund, a European Hospitality Fund, a Growth Equity Fund and a Credit Fund. It also manages credit strategies and separate account direct investments globally. Gaw Capital has consistently generated high yields by revitalizing underperforming assets, enhancing value through creative financing solutions and leveraging deep expertise in capital allocation. Since 2005, the firm has managed US$35.4 billion in assets and raised US$24.2 billion in equity as of Q1 2025.
ZHONGSHAN, China, June 19, 2025 /PRNewswire/ -- At MWC Shanghai 2025, Tongyu Communication Inc. (002792.SZ) debuted MacroWiFi, a large area WiFi coverage solution, along with five key product category: satellite communication for ground-satellite connectivity, high efficiency base station antennas, Integration of Massive MIMO antennas and sheet metal filter, low-altitude coverage antenna. The product show highlighted Tongyu's advancements in field of satcom, 5G-A, 6G evolution, low-altitude economy, and last mile, offering more innovative solutions for the industry. MWC Shanghai 2025 As global digitalization has accelerated, satcom is emerging as a crucial technology for global connectivity. Tongyu presented its satellite-ground interconnection solutions, which combine Low Earth Orbit (LEO) and Geostationary Orbit (GEO) satellite technologies. This solution provided reliable and efficient connectivity for maritime shipping, aviation communication, emergency response, and remote areas. Moreover, by establishing a production base in Hubei, China, and investing in satellite businesses through joint ventures and industrial funds, the company is strategically enhancing its focus on satellite payload, ground stations and terminals for commercial applications to meet the growing demand for reliable satellite connectivity. Winnie Wu, Vice President of Tongyu Communication, stated that its solution encompasses onboard payloads, ground stations, and satellite terminals. It has been successfully used in satellite internet experimental satellites and is now part of the supply chains for major international operators. "As a key player in global communication technology innovation, Tongyu continues to make significant technological advancements, demonstrating industry-leading expertise." Pioneering technological innovation, Tongyu is continuously pushing boundaries and leading industry development. Earlier this year, the company lunched its MacroWiFi solution, which uses high-gain antennas and long-range transmission protocol to deliver WiFi coverage of 1.5 to 2 km. Pilot projects are currently ongoing in Southeast Asia. Additionally, the newly launched the antenna for low-altitude, it provides seamless coverage from ground up to 600 meters, supporting applications like drone logistics and emergency communications but also common cellular network. This innovation boosts operational efficiency and helps develop the low-altitude economy, creating new growth and collaboration opportunities across different sectors. About Tongyu Communication Tongyu Communication Inc., established in 1996, specializes in the research, development, manufacturing, and sales of mobile communication antennas, radio frequency devices, and satellite communication solutions. With production facilities in China and subsidiaries across Europe and various locations worldwide, Tongyu Communication has built a strong global presence. For more information, please visit https://www.tongyucom.com.
ZHONGSHAN, China, June 19, 2025 /PRNewswire/ -- At MWC Shanghai 2025, Tongyu Communication Inc. (002792.SZ) debuted MacroWiFi, a large area WiFi coverage solution, along with five key product category: satellite communication for ground-satellite connectivity, high efficiency base station antennas, Integration of Massive MIMO antennas and sheet metal filter, low-altitude coverage antenna. The product show highlighted Tongyu's advancements in field of satcom, 5G-A, 6G evolution, low-altitude economy, and last mile, offering more innovative solutions for the industry. MWC Shanghai 2025 As global digitalization has accelerated, satcom is emerging as a crucial technology for global connectivity. Tongyu presented its satellite-ground interconnection solutions, which combine Low Earth Orbit (LEO) and Geostationary Orbit (GEO) satellite technologies. This solution provided reliable and efficient connectivity for maritime shipping, aviation communication, emergency response, and remote areas. Moreover, by establishing a production base in Hubei, China, and investing in satellite businesses through joint ventures and industrial funds, the company is strategically enhancing its focus on satellite payload, ground stations and terminals for commercial applications to meet the growing demand for reliable satellite connectivity. Winnie Wu, Vice President of Tongyu Communication, stated that its solution encompasses onboard payloads, ground stations, and satellite terminals. It has been successfully used in satellite internet experimental satellites and is now part of the supply chains for major international operators. "As a key player in global communication technology innovation, Tongyu continues to make significant technological advancements, demonstrating industry-leading expertise." Pioneering technological innovation, Tongyu is continuously pushing boundaries and leading industry development. Earlier this year, the company lunched its MacroWiFi solution, which uses high-gain antennas and long-range transmission protocol to deliver WiFi coverage of 1.5 to 2 km. Pilot projects are currently ongoing in Southeast Asia. Additionally, the newly launched the antenna for low-altitude, it provides seamless coverage from ground up to 600 meters, supporting applications like drone logistics and emergency communications but also common cellular network. This innovation boosts operational efficiency and helps develop the low-altitude economy, creating new growth and collaboration opportunities across different sectors. About Tongyu Communication Tongyu Communication Inc., established in 1996, specializes in the research, development, manufacturing, and sales of mobile communication antennas, radio frequency devices, and satellite communication solutions. With production facilities in China and subsidiaries across Europe and various locations worldwide, Tongyu Communication has built a strong global presence. For more information, please visit https://www.tongyucom.com. Photo - https://mma.prnasia.com/media2/2714715/2025__MWC.jpg?p=medium600
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