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PHUKET, Thailand, May 12, 2025 /PRNewswire/ -- Huawei Cloud has announced two major Memorandums of Understanding (MoUs) with Silverlake, a leading financial services solutions provider, and GlobeOSS, a specialized big data service partner at the Huawei Cloud APAC Partner Summit 2025. These collaborations aim to accelerate innovation in core banking and big data solutions, offering customers more comprehensive solutions. Distinguished guests at the signing ceremony included Sunny Shang, President of Huawei Cloud APAC, Wei Yuxiong, Vice President of Huawei Cloud Malaysia, David Lim, Co-CEO of Silverlake, Cassandra Goh, CEO of Silverlake, PK Lim, CTO of GlobeOSS, and Ann Wan Kuan, CEO of GlobeOSS. Huawei Cloud & Silverlake: Revolutionizing Core Banking "We are excited to partner with Huawei Cloud. This collaboration is a strategic step forward in developing a new generation of banking solutions and infrastructure that is cohesive and truly AI native," said Cassandra Goh, CEO of Silverlake. By integrating our financial technology domain expertise with Silverlake CgW's AI platform and Huawei's cloud infrastructure, we aim to help financial institutions reshape architecture, rethink processes, and redefine banking. This collaboration will streamline banking operations, enhance cybersecurity, and accelerate digital adoption among financial institutions. Silverlake will take on the role as an enterprise Software Partner, deploying customized solutions powered by Huawei's technology stack. Huawei Cloud & Silverlake Huawei Cloud & GlobeOSS: Advancing Big Data Solutions GlobeOSS will leverage Huawei Cloud's big data platforms and AI tools to develop tailored solutions for Carriers, Financial institutions, and Government sectors. As a Service Partner, GlobeOSS will provide outsourced big data project support, including analytics and implementation services for Huawei's clients. Key focus areas include predictive analytics, intelligent governance, and data-driven decision-making. Huawei Cloud & GlobeOSS This collaboration marks a deepening partnership between Huawei Cloud and industry-leading enterprises, driving technological innovation in the financial and big data sectors. It also strengthens the close cooperation within the ecosystem, providing greater momentum for global digital transformation.
Promotes Macao-Hengqin integration of Big Health tourism industry by leveraging respective advantages to create opportunities MACAO, May 9, 2025 /PRNewswire/ -- Sands China Ltd. and Guangdong-Macau Traditional Chinese Medicine Technology Industrial Park Development Co. Ltd. (GMTCM) have joined hands to promote the integration of the Big Health tourism industry in Macao and Hengqin by leveraging the advantages of both regions – signing a Memorandum of Understanding (MOU) Friday at the Traditional Chinese Medicine Science and Technology Industrial Park of Cooperation Between Guangdong and Macau (GMTCM Park) in the Guangdong-Macao In-Depth Cooperation Zone in Hengqin. Dave Sun, executive vice president and chief financial officer of Sands China Ltd. and managing director of Venetian Macau Limited (seated, left) and Wu Song, chairman of Guangdong-Macau Traditional Chinese Medicine Technology Industrial Park Development Co., Ltd. (seated, right) sign an MOU Friday at the Traditional Chinese Medicine Science and Technology Industrial Park of Cooperation Between Guangdong and Macau (GMTCM Park) in the Guangdong-Macao In-Depth Cooperation Zone in Hengqin. Guests of honour gather on stage after an MOU signing between Sands China and Guangdong-Macau Traditional Chinese Medicine Technology Industrial Park Development Co. Ltd. Friday at the Traditional Chinese Medicine Science and Technology Industrial Park of Cooperation Between Guangdong and Macao in the Guangdong-Macao In-Depth Cooperation Zone in Hengqin. They signed the MOU with the goal of injecting momentum into the industry by taking advantage Macao's positioning as a world centre of leisure and tourism, its outstanding hardware and software offerings, and the convenience of the "one-hour living circle" formed in the Guangdong-Hong Kong-Macao Greater Bay Area. Macao is a city where Eastern and Western cultures have co-existed for over 400 years. By offering rich tourism resources and capitalising on its proximity to Hengqin, Macao has become one of the four key cities in the Greater Bay Area. The partnership between Sands China and GMTCM aims to employ the strengths of their hardware and software resources to unleash the potential of Macao-Hengqin development through promoting regional collaboration. They plan to fully utilise their respective resources to help health brands in Macao and Hengqin go global and attract international and domestic investment to Macao – laying the foundation for collaboration between Big Health products and related MICE events, fully in line with Macao's vision of promoting "1+4" moderate economic diversification. Meanwhile, they will cooperate to make use of their expertise and resources in the tourism and leisure, Traditional Chinese Medicine, and Big Health industries to create opportunities for integrating Big Health and tourism in Macao and Hengqin, highlighting the convenience of the border crossing and facilitating the development of both regions. Grant Chum, chief executive officer and executive director of Sands China Ltd., said: "Rooted in Macao, which we have called home for more than two decades, Sands China is honoured to be the first among Macao's integrated resort operators to sign an MOU with GMTCM. We have actively participated in this high-level collaboration, aiming to apply our strengths and value to enhance the city's pivotal role as a world centre of tourism and leisure and a gateway for cultural exchange between East and West – deepening Macao's integration into national development. Given that the global health tourism industry holds significant growth potential and a vast market scale, we hope to connect our tourism sector with Big Health by utilising resources within integrated resorts, organising conferences and exhibitions, and introducing health tourism products to make Macao a player in this emerging industry. In the future, we will collaborate with GMTCM to establish an industrial chain for the health tourism industry, promoting Macao and Hengqin as premier destinations in this regard." Wu Song, chairman of Guangdong-Macau Traditional Chinese Medicine Technology Industrial Park Development Co., Ltd., said: "This collaboration marks the official launch of in-depth cooperation between the two parties in the field of Big Health and tourism, carrying profound significance for advancing the cross-sector integration of Macao and Hengqin's 'tourism+' initiatives. Since China Taiping officially took over the operation of the industrial park in January 2023, significant achievements have been made with the enthusiastic support of relevant central ministries, the Macao SAR government, and various sectors of society. "This joint effort is a concrete measure in response to the Macao SAR government's 2025 Policy Address to support key industrial projects in Macao and Hengqin, as well as deepening the cross-sector integration of 'tourism+'. The industrial park and Sands China have vast potential for collaboration in areas such as product development, service innovation, and market expansion. The partnership will inject new momentum into Macao's moderate economic diversification and the construction of the Greater Bay Area's Traditional Chinese Medicine hub, together writing a new chapter in the great practice of One Country, Two Systems." Potential collaborative projects between Sands China and GMTCM include organising Big Health MICE events through their venue resources and professional platforms to promote the mutual development of the medical, healthcare, and wellness industry in Macao and Hengqin. Related events might include professional forums, industrial exhibitions, and international conferences and meetings, intended to strengthen exchange and interaction between Macao and Hengqin. Other possibilities include introducing new Big Health tourism facilities and products at Sands China's integrated resorts and GMTCM Park to provide premium health management and medical care services for tourists and residents in Macao and Hengqin. Guests of honour at Friday's MOU signing ceremony were: Tai Kin Ip, Secretary for Economy and Finance of the Macao SAR and deputy director of the executive committee of the Guangdong-Macao In-Depth Cooperation Zone in Hengqin; Yang Quanzhou, deputy director of the Economic Affairs Department of the Central Liaison Office of the Central People's Government in the Macao SAR; Yang Minggang, deputy general manager of China Taiping Insurance Group Limited; Wu Song; Zhang Haihong, acting president of the board of Macao Investment and Development Co., Ltd. and chairman of the supervisory committee of Guangdong-Macau Traditional Chinese Medicine Technology Industrial Park Development Co., Ltd.; Grant Chum; and Dave Sun, executive vice president and chief financial officer of Sands China Ltd. and managing director of Venetian Macau Limited. As the first project implemented under the Framework Agreement on Cooperation between Guangdong and Macao, GMTCM Park was officially established in Hengqin in April 2011. It is located in the northwest high-tech zone of the Guangdong-Macao In-Depth Cooperation Zone in Hengqin, covering an area of 500,000 square meters. An investment of 8 billion RMB has been made to date, resulting in the development of various facilities, including office buildings, research and development spaces, hotels, commercial streets, museums, pharmaceutical factories, testing centres, Traditional Chinese Medicine laboratories, and apartments for experts and other talent. As of the end of March, there were 235 enterprises registered at GMTCM Park, including 89 from Macao, in fields such as Traditional Chinese Medicine, cosmetics, health products, medical devices, biomedicine, and medical services. GMTCM Park has established an incubation base featuring GMP (Good Manufacturing Practice) pilot-scale production, research, development, and testing that meet the certification standards of mainland China, making it a professional public service platform with internationally advanced standards. ### About Sands China Ltd. Sands China Ltd. (Sands China or the Company) is incorporated in the Cayman Islands with limited liability and is listed on The Stock Exchange of Hong Kong Limited (HKEx: 1928). Sands China is the largest operator of integrated resorts in Macao. The Company's integrated resorts on the Cotai Strip comprise The Venetian® Macao, The Plaza® Macao, The Parisian® Macao and The Londoner Macao®. The Company also owns and operates Sands® Macao on the Macao peninsula. The Company's portfolio features a diversified mix of leisure and business attractions and transportation operations, including large meeting and convention facilities; a wide range of restaurants; shopping malls; world-class entertainment at The Venetian Arena, The Londoner Arena, The Venetian Theatre, The Parisian Theatre, the Londoner Theatre and the Sands Theatre; and a high-speed Cotai Water Jet ferry service between Hong Kong and Macao. The Company's Cotai Strip portfolio has the goal of contributing to Macao's transformation into a world centre of tourism and leisure. Sands China is a subsidiary of global resort developer Las Vegas Sands Corp. (NYSE: LVS). For more information, please visit www.sandschina.com. About Guangdong-Macau Traditional Chinese Medicine Technology Industrial Park Development Co. Ltd. (GMTCM)GMTCM is a limited liability company registered in Guangdong-Macao Deep Cooperation Zone in Hengqin to engage in the development and operation of industrial parks. In order to implement the General Plan for Construction of the Guangdong-Macao In-Depth Cooperation Zone in Hengqin and the Framework Agreement on Cooperation Between Guangdong and Macao, promote closer cooperation between Guangdong and Macao and promote appropriate diversification of Macao's economy, GMTCM was jointly founded by Zhuhai Da Heng Qin Group Co., Ltd. and Macao Investment Development Co. Ltd., to focus on the development, operation and management of the Macao public asset Guangdong-Macau Traditional Chinese Medicine Technology Industrial Park. As a comprehensive industrial park integrating scientific research, production, exhibition and trading, it acts as a platform to empower Traditional Chinese Medicine and Big Health enterprises in Guangdong and Macao, promote the innovation and application of Traditional Chinese Medicine science and technology in Guangdong and Macao, promote the modernization and internationalization of the Traditional Chinese Medicine and Big Health industry, and boost regional cooperation and economic development. Media contacts:Corporate Communications, Sands China Ltd.Mabel WuTel: +853 8118 2268Email: mabel.wu@sands.com.mo Jesse ChiangTel: +853 8118 2054Email: jesse.chiang@sands.com.mo
JAKARTA, INDONESIA - Media OutReach Newswire - 9 May 2025 – Global EV charging station developer V-GREEN has announced the signing of Memoranda of Understanding (MOU) with four strategic partners to deploy approximately 63,000 charging ports in total exclusively for VinFast electric vehicles in Indonesia by the end of 2025, more than double the previously announced target. This collaboration underscores V-GREEN's commitment to expanding the VinFast EV ecosystem across Southeast Asia and demonstrates the Company's growing credibility and appeal among leading players in the green mobility sector. V-GREEN signs a Memorandum of Understanding (MoU) with four strategic partners to deploy a total of 63,000 dedicated charging ports for VinFast electric vehicles in Indonesia in 2025 Under the agreement, V-GREEN and its four partners, including Chargecore, Chargepoint, Amarta Group, and CVS, will jointly invest a total of 300 million USD to develop EV charging infrastructure throughout Indonesia, focusing on provinces such as Jabodatebek, Bandung, Surabaya, Makassar, Medan, Batam, Bali, and Kalimantan. The projects will launch in May 2025, with the first stations scheduled to go online in June. In 2025 alone, Chargecore plans to invest a minimum of 30 million USD, while Chargepoint, Amarta Group, and CVS have each committed to becoming charging ports distributors and investing approximately 5.3 million USD annually. V-GREEN will directly invest in 20% of the stations, while the remaining 80% will be implemented through business cooperation contracts (BCC). Since its entry into the Indonesian market, V-GREEN has operated under the BCC model in partnership with leading reputable local businesses. The company is offering investors highly attractive terms, including a power purchase rate of 750 rupiah/kWh and a guaranteed annual return of up to 25% during the first three years. These strategic collaborations not only enable V-GREEN to rapidly scale its EV charging network across Indonesia, but also highlight the strong potential of the country's green transportation sector. Mr. Mai Truong Giang, Managing Director of V-GREEN Indonesia, said: "Partnering with reputable companies in Indonesia marks a significant step in our global EV charging network strategy, especially as we respond to growing demand across Southeast Asia. With the support of our strategic partners, we are confident that V-GREEN and VinFast will successfully build a modern green mobility ecosystem that contributes to the region's and the world's sustainable development goals." Mr. John Yan, co-founder and CEO of Chargecore, shared: "We are excited to collaborate with V-GREEN, a company with a clear vision, strong commitment, and well-defined strategy for EV infrastructure development in Indonesia. This partnership not only delivers strong business results for Chargecore, but also supports the nation's transition to electric vehicles and a more sustainable future." Mr. Daniel Nguyen, CEO of Chargepoint, stated: "We have strong confidence in the growth potential of electric vehicles in Indonesia — a promising market that is undergoing a remarkable transition toward greener transportation. As the official distributor of V-GREEN in Vietnam, Chargepoint is proud to continue supporting the expansion of VinFast's electric mobility ecosystem across Southeast Asia, with Indonesia as our first destination. This marks a clear demonstration of our long-term commitment and regional vision as a Vietnamese enterprise in the green transportation sector." Established by VinFast's founder Pham Nhat Vuong, V-GREEN has built a leading position in Vietnam, operating roughly 150,000 charging ports nationwide. The company continues to grow its network through partnerships and is actively expanding into international markets. In Indonesia, V-GREEN quickly garnered interest and trust from local and international partners. The company targets 50,000 charging stations and 63,000 charging ports in total nationwide by 2025. As an early step toward that goal, VinFast owners can already charge their vehicles for free at 1,000 V-GREEN-operated stations starting in May. Currently, VinFast has launched four electric car models—VF 3, VF 5, VF 6, and VF e34—just over a year after entering Indonesia. The rapid expansion of V-GREEN's charging network will help meet increasing demand for VinFast EVs in the market, provide convenience to local consumers, and contribute to global sustainable development goals. Hashtag: #VinFast The issuer is solely responsible for the content of this announcement.About V-GREENV-GREEN, the Global EV Charging Station Development Company, was established by billionaire Pham Nhat Vuong, the founder of VinFast. The company is focused on building an extensive charging network for VinFast electric vehicles, with more than 150,000 charging ports planned across Vietnam. V-GREEN has also established a presence in Indonesia and is actively pursuing expansion into other promising international markets. Guided by the mission "For a Green Future for Everyone," V-GREEN envisions becoming a global pioneer in green infrastructure, offering smart, convenient, and flexible charging solutions. Learn more at https://vgreen.net/ About VinFastVinFast (NASDAQ: VFS), a subsidiary of Vingroup JSC, one of Vietnam's largest conglomerates, is a pure-play electric vehicle ("EV") manufacturer with the mission of making EVs accessible to everyone. VinFast's product lineup today includes a wide range of electric SUVs, e-scooters, and e-buses. VinFast is currently embarking on its next growth phase through rapid expansion of its distribution and dealership network globally and increasing its manufacturing capacities with a focus on key markets across North America, Europe and Asia. Learn more at: https://vinfastauto.id/
MUMBAI, INDIA - Media OutReach Newswire - 7 May 2025 - Through the Memorandum of Understanding (MoU), leading global logistics service provider, the Rhenus Group, will operate barge services in various National Waterways in India. In the first phase, Rhenus will introduce push boats and 20 flat bottom barges from Germany with a capacity of 400 tonnes, which can be combined to transport up to 1,200 tonnes per trip. As demand grows, Rhenus India will scale its fleet to 100 barges and expand its corridors across the Indian subcontinent. The partnership with IWAI aims to contribute towards building a resilient multi-modal logistics ecosystem in India, with the eventual goal of carrying over a million tonnes of cargo per year by 2025. The MoU was signed at the IWAI office on 5 May 2025 and the formal exchange of the MoU took place in the presence of the Hon'ble Minister for Ports, Shipping and Waterways, Government of India, Shri Sarbananda Sonowal on 6 May 2025. The Minister's presence underscored the government's strong commitment to strengthening inland waterways as a key pillar of India's logistics ecosystem. Rhenus is proud to support India's Maritime Amrit Kaal Vision 2047 and lead the way in shaping the future of sustainable logistics and contribute to India's logistics transformation. With over 14,500 kilometers of navigable waterways, including 111 National Waterways, India's Inland Water Transport (IWT) sector, which is governed by IWAI, has seen significant growth. Cargo volumes have increased from 30 million metric tonnes per annum (MMTPA) in 2014 to 133 MMTPA in 2024. Rhenus India will introduce its Inland Waterways Transport solutions: barge scheduled services that will facilitate cargo transport on two Indian rivers, the Ganga River and the Brahmaputra River. These sustainable and cost-effective logistics solutions will allow for seamless cargo movements across India and beyond. In this venture, Rhenus is expanding its existing expertise for port operation and inland navigation from Europe to India. To start, Rhenus India intends to operate barge services on National Waterways NW-1, NW-2, NW-16 and the Indo-Bangladesh Protocol route (IBP), with plans to gradually scale up to include other national waterways in the country. A combination of pushers and barges, to suit low-draft navigation in the waterways, will be used to transport both Bulk and Break-Bulk cargo across North & East India, North-East India, and subsequently neighbouring countries. With 1,000 vessels in operations daily on all navigable waterways in Europe, Rhenus will now tap into its Port Logistics experience, in particular in European inland navigation, as well as resources from its European Waterways fleet to further support India's IWT sector. In Europe, Rhenus has been active in the inland navigation sector since its foundation year 1912. With barge shipping as its core competency, the Rhenus Group built its company and service portfolio around its logistics activities along the Rhine River and diversified them to include air and ocean freight, warehousing, road freight as well as rail, over time, becoming a worldwide logistics solutions provider. Vivek Arya, CEO of Rhenus Logistics India & Global CEO of Rhenus Warehousing Solutions Intercontinental, said, "With over 100 years of dedicated expertise in inland waterway operations across Europe, Rhenus is excited to partner with IWAI in this transformative journey to create a smarter, greener and more economical logistics network. Recognizing the immense potential of India's inland waterways, we are committed to adapt our best practices to suit the Indian environment and contribute towards seamless waterway movement through our innovative solutions." Michael de Reese, Division Head of Rhenus Port Logistics, added, "Inland navigation is the backbone of the producing economy in Germany as well as in Europe. With our expertise and our broad experience in mastering challenges such as infrastructure construction, varying water levels and the training of a reliable expert workforce, we can support the growing Indian economy together with the IWAI." Hashtag: #RhenusThe issuer is solely responsible for the content of this announcement.About RhenusThe Rhenus Group is one of the leading logistics specialists with global business operations and annual turnover amounting to EUR 8.2 billion. 41,000 employees work at 1,330 business sites in more than 70 countries and develop innovative solutions along the complete supply chain. Whether providing transport, warehousing, customs clearance or value-added services, the family-owned business pools its operations in various business units where the needs of customers are the major focus at all times.
香港 2025年4月28日 /美通社/ -- 新火資產管理（香港）有限公司（以下簡稱「新火資管」）宣佈與方德證券有限公司（以下簡稱方德（香港））簽署戰略合作MOU，雙方達成一致將攜手打造領先的虛擬資產基金服務，積極響應香港建設國際虛擬資產中心願景。 此次簽署戰略合作 MOU 將充分發揮雙方的資源優勢，雙方將共同搭建成熟的虛擬資產交易網絡和投資體系，為高淨值投資者及機構客戶提供更加便捷、合規、多元化的虛擬資產投資產品。方德（香港）將成為新火資管多款合規基金產品的分銷渠道，包括新火多策略虛擬資產基金和新火量化套利中性策略組合型基金，新火資管也將成為方德（香港）在虛擬資產行業的獨家合作夥伴。 隨著比特幣和以太坊現貨ETF在美國和香港的陸續獲批，加密貨幣市場吸引了眾多傳統市場高淨值人群和機構投資者的目光。但加密貨幣仍然是一個高風險資產，市場也容易出現極端波動，例如去年12月加密市場總市值突破3.9萬億美元，今年2月末已降至2.9萬億美元，所以，安全、合規、穩健的虛擬資產投資產品的市場需求越來越大。新火資管此次與方德（香港）的合作，旨在通過利用雙方完善的交易系統和全方位的分銷渠道達成合作，其目標是降低客戶參與加密市場投資的波動性，希望能在波動市場中為客戶帶來更低風險更高收益的回報。 此次合作分銷的兩款核心基金包括： 新火多策略虛擬資產基金：該私募基金採用多策略投資方式，靈活配置各類虛擬資產，及傳統資產如國債等，通過分散化的投資策略有效控制風險。 新火量化套利中性策略組合型基金：底層基金包括採用量化套利和市場中性策略，通過算法模型捕捉套利機會，以降低整體投資組合的波動性的基金。該基金同時也是香港市場首批合規虛擬資產量化套利組合型私募基金。 除了在業務發展和分銷渠道層面的合作，根據MOU協議，雙方還將共同探索區塊鏈技術、金融科技、數字資產、通證化和 Web3.0 等領域的項目合作機會。 方德證券行政總裁助理、私人財富管理部負責人杜俊表示，「我們非常高興能與新火資管這樣持有完備監管牌照、運營規範透明的專業虛擬資產管理機構建立戰略合作關係。在當前市場環境下，來自傳統金融領域的高淨值客戶及機構投資者對虛擬資產配置需求日益增長，但他們尤為關注投資產品的合規性、風控體系完善性以及收益的可持續性。新火資管憑借其嚴謹的投資策略、透明的運作機制以及優異的業績表現，完全符合這類專業投資者的核心訴求。我們相信，這種強強聯合不僅能快速吸引追求穩健回報的機構資金入場，更能為合作雙方在資產管理規模（AUM）的快速增長奠定堅實基礎，實現規模效應與品牌價值的雙重提升。」 新火資管合伙人Emma Zhu表示：「我們非常榮幸能與方德證券這樣在傳統金融領域深耕多年、擁有強大客戶基礎和專業服務能力的機構達成戰略合作。在全球虛擬資產市場加速機構化的趨勢下，投資者對合規、透明且具備穩定收益能力的資產管理服務需求顯著提升。我們的量化套利中性策略組合型基金自上架以來每月持續得到客戶認購，單筆認購額達200萬美金。」 此次合作將為雙方帶來更多發展機遇，加深合作關係，共同推動虛擬資產行業的合規發展，為投資者提供更加便捷、合規、多元化的虛擬資產投資產品。雙方期待在未來的合作中取得共同的成功，實現互利共贏的目標。 關於方德證券 方德證券有限公司（以下簡稱方德（香港））創立於2015年8月，是一家立足香港、面向內地、放眼全球的國際金融機構，為個人和機構投資者提供全球證券與期貨經紀服務，持有香港證監會頒發的1、2、4、5類受規管活動牌照。 方德（香港）以卓越的專業水準和誠心的行業精神為根本，銳意進取，致力於為客戶提供品種豐富的投資產品、穩定高效的交易平台和專業便捷的金融服務。 關於新火資管 新火資產管理（香港）有限公司（簡稱「新火資管」）成立於2019年，是新火科技控股有限公司（股票代碼：1611.HK）的全資子公司，持有香港證券及期貨事務監察委員會（「香港證監會」）頒發的第1類（證券交易）、第4類（就證券提供意見）及第9類（資產管理）牌照。新火資管是香港首家提供虛擬資產全權委託賬戶管理服務的持牌機構，並獲批管理投資100%於虛擬資產的投資組合。 風險披露聲明 本資料只供專業投資者使用。「專業投資者」是根據《證券及期貨條例》﹙第571章﹚及其附屬法例所定義的。本資料在任何地區均不應被視為構成要約及徵求要約，或作為任何合約的根據，以購買或銷售任何證券、貸款或其他工具。投資涉及風險。過去的業績並不代表將來的表現。市場存在很多不確定性，基金未必一定基金投資的目標。投資者不應只單憑此材料所載的資料決定投資。在進行投資前，應詳細閱讀基金的有關產品數據文件及明白涉及風險。 在法律最大許可的情況下，新火資產管理（香港）有限公司、方德證券有限公司及其雙方任何相關公司或其董事、高層職員、僱員或代理人不作陳述，亦不保證資料內容，或任何與資料相連結的第三者網站，在任何用途方面均可靠、完整、合時及準確，對任何因任何形式(包括疏忽)由於資料的錯誤、失實、遺漏、或任何人士對資料的依賴而導致的損失或損毀，亦一概不會承擔責任或債務。
SINGAPORE, April 21, 2025 /PRNewswire/ -- Mega Matrix Inc. (NYSE American: MPU) announced that Yuder Pte. Ltd. ("Yuder"), a indirectly wholly owned subsidiary of it, has signed a Memorandum of Understanding (MOU) with Interactive Films LLC ("Interactive Films"), a subsidiary of Snail, Inc. (Nasdaq: SNAL) ("Snail Games"), a leading global independent developer and publisher of interactive digital entertainment. Under this MOU, both parties will leverage their respective strengths to establish a comprehensive collaboration framework for the joint development, production, and global distribution of short dramas, further enhancing their presence in the entertainment industry. Mr. Yucheng Hu, CEO of MPU, also commented, "This partnership marks an important step for MPU as we expand our content portfolio and strengthen our presence in the global short-drama industry. Short dramas are seeing increasing popularity, with audience demand for binge-worthy, serialized content on the rise. With Snail Games' growing integration in artificial intelligence (AI) in its development pipeline and its track record of immersive, story-driven digital entertainment, combined with MPU's established production and distribution capabilities, we believe this collaboration has the potential to deliver engaging content that resonates with global audiences". Snail Games (NasdaqCM: SNAL) is a leading, global independent developer and publisher of interactive digital entertainment for consumers around the world, with a premier portfolio of premium games designed for use on a variety of platforms, including consoles, PCs and mobile devices. Mr. Hai Shi, Chairman and Co-CEO of Snail Games, commented, "Today's announcement marks the official launch of our short-drama business. According to WiseGuyReports, the global mini-program short drama market is projected to expand from USD 5.66 billion in 2024 to USD 25.68 billion by 2032, reflecting a strong CAGR of 20.81%. North America, a key market for short-form content, is expected to generate USD 1.89 billion in revenue in 2024, driven by the rapid adoption of streaming services and the growing presence of major industry players. This upward trend underscores the increasing consumer demand for short-form video content, presenting a timely opportunity for our collaboration with MPU to deliver engaging short dramas to audiences worldwide." Under the non-binding, non-exclusive MOU, through Yuder and Interactive Film, MPU and Snail Games will explore collaboration on the creative direction and script development of short dramas, production and global distribution of short-form dramas. Leveraging its experienced in-house team and extensive expertise in short-drama production, MPU will oversee outsourced production and post-production to ensure high-quality content. Additionally, Snail Games' expertise in AI and interactive technologies, honed through game development, may be integrated into personalized recommendations and interactive storytelling, delivering a next-generation immersive viewing experience for audiences. Although the MOU is non-binding, it reflects the parties' shared intention to explore co-development of a pipeline of short dramas. By utilizing their well-established international distribution channels in gaming and micro-drama markets, these productions will quickly reach audiences across North America, Southeast Asia, and other global regions, further amplifying both companies' influence in the global entertainment sector.Under the terms of the MOU, the parties intend to enter into definitive agreement within 45 days. This strategic partnership marks a significant step of the short drama business for Snail Games and a significant milestone in MPU's expansion within the entertainment industry. By aligning with Snail Games, MPU can integrate both parties' strengths in content creation and technology while leveraging MPU' global distribution resources to accelerate the worldwide rollout of short dramas. This collaboration is expected to accelerate Snail Games' entry of the short drama market while providing audiences with a diverse selection of high-quality short dramas. About Mega Matrix Inc.: Mega Matrix Inc. (NYSE American: MPU) is a holding company and operates FlexTV, a short-video streaming platform and producer of short dramas, through its subsidiary, Yuder Pte, Ltd. Mega Matrix Inc. is a Cayman Island corporation headquartered in Singapore. For more information, please contact info@megamatrix.io or visit: http://www.megamatrix.io. About Snail Games: Snail Games (NasdaqCM: SNAL), is a leading, global independent developer and publisher of interactive digital entertainment for consumers around the world, with a premier portfolio of premium games designed for use on a variety of platforms, including consoles, PCs and mobile devices. For more information, please visit: https://snail.com/ Forward-Looking Statements This press release contains forward-looking statements within the meaning of the "safe harbor" provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements. When used in this press release, the words "estimates," "projected," "expects," "anticipates," "forecasts," "plans," "intends," "believes," "seeks," "may," "will," "should," "future," "propose," and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company's control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: that Yuder and Interactive Films will enter into definitive agreements; that the mini-program short drama market will continue to expand as anticipated; the ability to manage growth; ability to identify and integrate future acquisitions; ability to grow and expand our FlexTV business; ability to obtain additional financing in the future to fund capital expenditures; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company's profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company's new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company's future results of operations are subject to additional risks and uncertainties set forth under the heading "Risk Factors" in documents filed by the Company with the Securities and Exchange Commission ("SEC"), including the Company's latest annual report on Form 20-F, filed with the SEC on March 28, 2025, and are based on information available to the Company on the date hereof. In addition, such risks and uncertainties include the Company's inability to predict or control bankruptcy proceedings and the uncertainties surrounding the ability to generate cash proceeds through the sale or other monetization of the Company's assets. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release. Disclosure Channels We announce material information about the Company and its services and for complying with our disclosure obligation under Regulation FD via the following social media channels: X (f/k/a Twitter): twitter.com/MegaMatrixMPU Facebook: facebook.com/megamatrixmpu facebook.com/flextvus LinkedIn: linkedin.com/company/megamatrixmpu TikTok: tiktok.com/@flextv_english YouTube: youtube.com/@FlexTV_English The Company will also use its landing page on its corporate website (www.megamatrix.io) to host social media disclosures and/or links to/from such disclosures. The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these social media channels in addition to following our website, press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described above may be updated from time to time as listed on our website. For inquiries, please contact: Info@megamatrix.io
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