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YIWU, China, March 13, 2025 /PRNewswire/ -- Yiwugo.com, the official website of the Yiwu Commodity Market, is the largest commodity wholesale market in the world. The related products displayed on Yiwugo. China is the world's largest manufacturer for plush toys, with the market continuing to expand in recent years. According to the Report on the Analysis of Current Status and Development Forecast of China Plush Toy Industry (2024-2029) by the Institute for Industrial Economics of CIRN, the global plush toy market reached CNY 63.93 billion (approximately $8.8 billion) in 2023. In January 2025, Guangdong Toys Association released its Annual Report on the Plush Toy Industry Development (2025), highlighting China's role as the world's top producer. While traditional coastal production hubs remain stable, emerging clusters have risen in inland regions. Globally, the plush toy market surpassed $10 billion in 2024, growing at an annual rate of 15%. As one of largest export hubs in China, Yiwu's contribution to the plush toy sector is undeniable. A "plush craze" is sweeping global online communities with irresistibly cute designs. Powered by AI, landmarks, cultural artifacts, and even foods are being reimagined as animated, "sparkly-eyed" plush toys, captivating consumers across all age groups. Cultural and tourism sectors worldwide are joining the trend, developing plush-themed merchandise to tap into this booming market. Innovations in technology—such as sound, light, and interactive features—are driving unprecedented growth and creativity in the industry. Branding and Specialization As competition intensifies, branding and specialization have become critical trends in the plush toy industry. Established brands consolidate their market positions by improving product quality and services, while niche brands emerge to meet consumers' diverse demands for different styles, themes, and functionalities. Bao Qiaoli, a Yiwugo merchant with nearly two decades of experience at Bole Plush Pendant Toy, notes that clients—from corporations to cultural tourism entities—are increasingly creating proprietary IPs. Leveraging AI to accelerate design and prototyping, Bole combines market insights to refine product details, ensuring faster and more effective launches. "Southeast Asian clients began embracing IP-driven projects years ago", Ms. Bao explains. "For example, we adapted materials and vibrant, playful designs for a regional supermarket chain to suit tropical climates in Southeast Asia. Post-launch, their orders tripled within a month, with reorders becoming far more frequent". In recent years, an increasing number of companies have successfully launched IP-themed plush toys into mass production. Technological Advancements 3D printing, AI-driven design, and smart technologies are emerging as key drivers of the plush toy sector's evolution. As consumer expectations rise and technology advances, interactive and intelligent plush toys are rapidly gaining market traction. Yiwugo, leveraging its proximity to the Yiwu International Trade City, provides unmatched collaborative opportunities for plush toy businesses. A prime example is Sun Lijuan, owner of Yiwu's Hongsheng Toy Doll Factory, whose AI-integrated "smart dolls" have been featured on China Central Television (CCTV), China's state media, and sold in New York's Times Square. Over the past decade, Sun utilized Yiwugo to connect with specialized suppliers for mechanisms, fabrics, and cross-industry partnerships. These collaborations have propelled her brand's global reputation, with products now exported to Europe, the U.S., Russia, and beyond. Sun's journey from a local merchant to a globally recognized entrepreneur, with her products showcased on CCTV and in New York's Times Square, is a testament to her ongoing progress and success. Diversification & Personalization Consumers now demand higher quality, innovative designs, and multifunctionality from plush toys, while placing greater emphasis on emotional value and self-expression. Future market growth will hinge on catering to diverse needs—from emotional companionship and playfulness to collectible appeal. Bao emphasizes "What's truly priceless lies beyond the physical." Creating emotional bonds with cumstomers through plush toys is the cornerstone of customer loyalty. Over her 13 years on the platform, Yiwugo has served as the primary channel for sourcing a significant portion of her clientele. Li Fei and his wife operate the Mi Xiaomei Plush Toy Factory in Baigou, Hebei Province. Since joining Yiwugo over four years ago, they have attracted numerous high-quality clients. Li explains that the company initially focused on producing seasonal plush products such as Valentine's Day "Love Bears", Easter bunnies, graduation-themed bears, and Christmas items, primarily exported to the U.S., Russia, South America, the UAE, and other regions. Over their four years on Yiwugo, many clients from the U.S. and UAE have connected with the company via the platform for custom orders. Yiwugo has instilled greater trust among buyers: one new U.S. client placed an initial order exceeding CNY 100,000, while another American client purchasing grabber plush toys has collaborated with the factory through Yiwugo for over three years, with annual procurement now reaching approximately CNY 4 million. Digitalization: A "Mandatory Step" – Yiwugo Shows the Way Amid waves of billions of personalized demands and the surging AI revolution, businesses stand at a crossroads of opportunities and challenges—digital transformation is no longer optional but essential. Whether deepening domestic markets or navigating global trade, Yiwugo remains at the forefront of the digital wave. As a global commerce leader, the platform empowers over 50,000 registered merchants and 15 million buyers by reconstructing digital infrastructure and fostering smart ecosystems, paving the way for collaborative future growth.
NEW YORK, March 13, 2025 /PRNewswire/ -- A new Competitive Ranking by global intelligence firm ABI Research finds that Siemens AG is the leading provider of software for green hydrogen production, narrowly beating Schneider Electric to the top spot overall, leading the market across innovation and implementation criteria. Companies assessed and ranked include: Market Leaders: Siemens AG, Schneider ElectricMainstream: ABB, AspenTech, Homer EnergyFollowers: Rockwell Automation, SLB, ZeroAvia "As green hydrogen production capacity is increasingly established in key markets, demand for technologies that facilitate generation is accelerating. Hydrogen producers are actively seeking partners that can help accommodate the demand escalation forecasted from 2026/2027 onwards, by offering software for the design, construction, operation, scaling, and replication of physical electrolysis processes," explains Daniel Burge, Research Analyst at ABI Research. The ranking evaluated software vendors based on several key factors, including the impact of their solutions on the capital and operational expenses (CAPEX and OPEX) associated with H2 production costs. It also considered the breadth of their portfolios and how well they support entire plant lifecycles. The evaluation examined how well their solutions accommodate different types of electrolysis (alkaline, PEM, and solid oxide), the geographical reach and strength of their partnerships, the extent to which their solutions are already in use by large-scale producers, and how effectively their portfolios support smaller-scale, on-site green hydrogen generation. Siemens AG leads the market, closely followed by Schneider Electric, with ABB following in third place. Siemens positioned first due to its established partnerships in preeminent green H2 production regions, market-leading digital twins, and extensive, dedicated fleet management capabilities. According to Burge, "Comprehensive offerings that cover the lifecycle of production, from initial design through to the expansion and replication of operational plants, are essential for the emergent green hydrogen ecosystem. This is a commodity market where scale is crucial. Resultantly, end-to-end solutions that can support extremely large productive capacities, across multiple regions, will be vital for up to 90% of future generation." "Simultaneously, enterprise-level electrolysis is expected to gain traction as hydrogen solutions are adopted by distributed energy resource owners. Vendors like Homer Energy and ZeroAvia offer stage and industry specific solutions and will play an important role by providing dedicated software for smaller-scale producers. Their unique strengths offer lessons for other, larger vendors in the developing market for green hydrogen," Burge concludes. These findings are from ABI Research's Software for Green Hydrogen Production Competitive Ranking report. This report is part of the company's Smart Energy for Enterprises and Industries research service, which includes research, data, and ABI Insights. About ABI Research ABI Research is a global technology intelligence firm uniquely positioned at the intersection of technology solution providers and end-market companies. We serve as the bridge that seamlessly connects these two segments by providing exclusive research and expert guidance to drive successful technology implementations and deliver strategies proven to attract and retain customers. ABI Research是一家全球性的技术情报公司，拥有得天独厚的优势，充当终端市场公司和技术解决方案提供商之间的桥梁，通过提供独家研究和专业性指导，推动成功的技术实施和提供经证明可吸引和留住客户的战略，无缝连接这两大主体。 For more information about ABI Research's services, contact us at +1.516.624.2500 in the Americas, +44.203.326.0140 in Europe, +65.6592.0290 in Asia-Pacific, or visit www.abiresearch.com. Contact Info: Global Deborah Petrara Tel: +1.516.624.2558 pr@abiresearch.com
HONG KONG and SHANGHAI, March 13, 2025 /PRNewswire/ -- Ping An Insurance (Group) Company of China, Ltd. ("Ping An" or the "Group", HKEx: 2318 / 82318; SSE: 601318) took top spot in the Brand Finance Insurance 100 2025 ranking, for the ninth year in a row, boasting a brand value of US$33.6 billion. Brand Finance said that Ping An emerges as the sector's most valuable brand. This resilience is attributed to its strong brand familiarity in China and steady growth in life, health, property & casualty (P&C) insurance and accidental injury insurance. Brand Finance, a leading global brand valuation consultancy, also noted that Chinese insurance brands are making their mark on the global stage, driven by digital transformation, AI-driven innovation, and the expansion of 5G services. These brands continue to strengthen their market positions, with their strategic investments in technology and customer experience fueling brand growth. Driven by customer needs, Ping An's core businesses are showing stable growth. Ping An remains steadfast in its customer-centric approach, deepening its technology-driven "integrated finance + health and senior care" strategy and achieving stable growth in its core businesses. In the first three quarters of 2024, Ping An achieved an operating profit attributable to shareholders of the parent company of RMB113.82 billion, representing a 5.5% increase year-on-year (YoY), and operating revenue of RMB775.38 billion, a 10.0% increase YoY. The three core businesses – life and health insurance, P&C and banking – showed sustained growth, with combined operating profit attributable to shareholders of the parent company reaching RMB119.65 billion, an increase of 5.7% YoY. New business value (NBV) for the life and health insurance business reached RMB35.16 billion, up 34.1% YoY. Customers entitled to service benefits in the health and senior care ecosystem accounted for over 69.6% of the NBV of life insurance. Ping An is building world-leading AI capabilities to drive sales, improve efficiency and control risks. Ping An is focusing research and development investment in cutting-edge technologies such as generative artificial intelligence (AI) large language models. As of the end of September 2024, Ping An had a world-class technology team of over 21,000 technology developers and over 3,000 scientists. The Group's patent applications led most international financial institutions, totaling 53,521 by the end of September 2024. The number of Ping An's generative AI patent applications ranked second globally[1]. With five industry-leading laboratories and nine major databases, covering finance, healthcare, senior care and other fields, Ping An continues to adopt new technology-driven measures to promote sales, improve efficiency, and control risks. In the first three quarters of 2024, Ping An's AI service representatives interacted with customers approximately 1.34 billion times, responding to queries and resolving consumer issues quickly. They covered more than 80% of the total customer service volume in that period. At Ping An Life, smart underwriting and smart claim settlement services resulted in 93% of life insurance policies underwritten in seconds, and claims closed in an average of 7.4 minutes. The Group also continued to improve its risk management, with claims savings via smart fraud risk identification amounting to RMB9.1 billion in the first nine months of 2024. Ping An is promoting its "worry-free, timesaving, and money-saving" brand value proposition as it continues to enhance customer experience. Ping An works to make business as clear, simple and efficient as possible for customers. Ping An Auto Insurance covers 82 service items, including emergency assistance, annual inspection and designated driver services, making life simple for the 200 million users of the Ping An Auto Owner app. To save customers' time, Ping An offers one-stop services, such as Ping An Life's 1-1-1 Superfast Claim, with one-sentence reporting, one-click uploading, and one-minute validation. To save customers' money, Ping An uses professional services to achieve wealth preservation and appreciation, meeting customers' diversified needs. Ping An Bank's Credit Card for Overseas Students integrates insurance, banking, healthcare and other resources, providing a variety of preferential discounts for education, shopping, and travel. Ping An actively fulfils its social responsibilities and supports the development of the real economy. As of the end of June 2024, Ping An had cumulatively invested nearly RMB9.46 trillion to bolster the real economy, covering major national projects in energy, transportation, water conservancy, and other sectors. It also supported major strategic priorities such as the Belt and Road Initiative and the Guangdong-Hong Kong-Macao Greater Bay Area. As of the end of June 2024, Ping An's responsible investment of insurance funds reached RMB799.90 billion, including RMB124.88 billion in green investments, RMB652.56 billion in social investments, and RMB22.46 billion in inclusive investments. In the first three quarters of 2024, Ping An's green insurance premium income reached RMB37.34 billion, and its funding for rural industrial vitalization totaled RMB31.406 billion, provided to Ping An's Rural Communities Support Program. Brand Finance conducts first-hand research on over 6,000 corporate brands worldwide each year, engaging more than 175,000 respondents from 41 countries and regions. It defines brand value as the net economic benefit that a brand owner would achieve by licensing the brand in the open market. The top five in the Brand Finance Insurance 100 2025 list are Ping An, Allianz (Germany), AXA (France), China Life, and Generali (Italy). This year, 13 Chinese insurance companies were included in the world's top 100, with brand value accounting for 22.9% of the total value, ranking second globally by country. About Ping An Group Ping An Insurance (Group) Company of China, Ltd. (HKEx:2318 / 82318; SSE:601318) is one of the largest financial services companies in the world. It strives to become a world-leading provider of integrated finance, health and senior care services. Under the technology-driven "integrated finance + health and senior care" strategy, the Group provides professional "financial advisory, family doctor, and senior care concierge" services to its 240 million retail customers. Ping An advances intelligent digital transformation and employs technologies to improve financial businesses' quality and efficiency and enhance risk management. The Group is listed on the stock exchanges in Hong Kong and Shanghai. As of the end of September 2024, Ping An had more than RMB12 trillion in total assets. The Group ranked 29th in the Forbes Global 2000 list in 2024 and 53rd in the Fortune Global 500 list in 2024. For more information, please visit www.group.pingan.com and follow us on LinkedIn - PING AN. [1] Ranked according to data on generative AI patent filings released by the World Intellectual Property Organization in 2024.
SINGAPORE, March 13, 2025 /PRNewswire/ -- HTX Ventures recently released its latest research report, titled "DeepSeek Ignites AI's 'iPhone Moment' as Agent Tokens Integrate into Real-World Crypto." The report explores how DeepSeek's use of pure reinforcement learning (RL) is transforming AI's role in the crypto industry by boosting AI capabilities and cutting costs. DeepSeek's Emergence: AI-Powered Innovation Triggers Industry Transformation In Q4 2024, the market saw a surge in top-tier AI Agents projects backed by Launchpads, driving a wave of asset issuance and quickly attracting capital and users. However, as the ICO rush began to subside, the hype in the AI Agents space had run its course. The market now urgently needed a catalyst to reignite growth. DeepSeek's breakthrough technology leverages pure reinforcement learning (RL) to enhance AI's reasoning capabilities while significantly reducing costs. This advancement positions AI as a more effective partner for real-world applications, transforming the AI Agent sector. This progress could breathe new life into the Agent field and reshape the industry landscape. The research report heralds DeepSeek's debut as the "iPhone Moment" of the AI sector. Much like how the iPhone revolutionized the smartphone market, DeepSeek's innovative technology is poised to lead a new era of crypto-tech development over the next few years. The Unique Value and Accelerating Growth of AI Agents The AI Agents ecosystem consists of four main sectors: AI Agent Frameworks: These serve as the core infrastructure for the AI Agents ecosystem, lowering development barriers and accelerating AI's application. The Eliza project stands out with its technical innovations and sustainable business model. AI launchpads serve as hybrid incubators and trading platforms in the crypto space, lowering entry barriers for AI Agent projects and accelerating their launch, funding, and promotion. AI Agent meme coins, which blend AI and meme narratives, have strong potential to go viral, making them effective tools for rapid capital accumulation. Examples include BULLY from the Virtual ecosystem and TAOCAT and LLM from the Bittensor ecosystem. AI Agent applications focus on the implementation and commercialization of the technology in real-world scenarios, covering areas such as automated trading, asset management, market analysis, and cross-chain interaction. Representative projects are GRIFFAIN, NEUR, and BUZZ. AI Agent applications are expected to become the most promising segment in the sector. The report emphasizes that deep expertise and resilience are vital for the success of AI Agent teams. Teams like Virtual, SEKOIA, ai16z, and Swarm have proven this through their perseverance and dedication. Additionally, product usability is a critical factor in driving user adoption and widespread acceptance in the crypto market. 2025: The Maturation of Crypto Combining with Agents, Where Revenue and User Adoption Drive Value As the AI Agents market matures, it's transitioning from a narrative-driven phase to one where value is based on data and revenue. The success of AI Agent projects will no longer be dictated by hype or the founding team's pedigree but by their ability to achieve sustainable profitability and address real user needs through innovation. Directions that deserve future attention: Multi-Agent Systems and DeFAI (Decentralized Finance + AI): These sectors showcase AI's tremendous potential for complex decision-making and financial automation, signaling long-term growth. Core Framework Updates: It's essential to monitor the ongoing evolution of critical frameworks like Eliza and ARC, as their upgrades could create entirely new applications and business models. New Infrastructure Projects: AI models, data layers, and computing infrastructure tailored for the crypto ecosystem will be foundational to supporting the next-gen AI Agent ecosystem. As a leading investment institution, HTX Ventures has consistently aligned its strategy with market trends. From backing DeepSeek to supporting AI Agents tokens, HTX Ventures sees tremendous potential in the synergy between AI and blockchain technologies, investing and positioning itself for the next wave of innovation. As AI and crypto technology converge, more opportunities and challenges knock. HTX Ventures is committed to driving further technical advancements, helping shape the future of the industry.Read the full report here:https://square.htx.com/wp-content/uploads/2025/03/deepseek-triggers-ais-iphone-moment-accelerating-ai-agents-into-real-crypto-use.pdf About HTX Ventures HTX Ventures is the global investment arm of HTX, integrating investment, incubation, and research to identify and discover the best and most innovative projects in the market. Visit us here. Feel free to contact us for investment and collaboration at VC@htx-inc.com
SINGAPORE, March 13, 2025 /PRNewswire/ -- Digital travel platform Agoda's 2025 Sustainable Travel Survey reveals its ranking of Asia's most sustainability-conscious travelers. Travelers from the Philippines earn the top spot, with 86% responding that sustainability is important in their travel choices for 2025. Travelers from India (82%), Taiwan (80%), Malaysia (80%) and Vietnam (77%) round out the top five. Top 5 Sustainability-Conscious Travelers in Asia - Agoda This survey, which engaged over 6,000 respondents across 11 Asian markets, spotlights the evolving landscape of sustainable travel in Asia, where authentic and purposeful tourism, and off-peak travel are becoming more prominent. The survey found that the majority of Asian travelers (68%) consider sustainability when making their travel plans for 2025. Less than one in ten (8%) travelers overlook sustainability in their travel decisions, although less optimistically, in Hong Kong and Japan for example, where 21% and 17% of travelers, respectively reported that sustainability was not particularly important in their travel choices. Authentic Experiences Drive More Sustainable Choices Asian travelers are increasingly motivated by the allure of authentic experiences and the opportunity to contribute positively to local communities. Nearly one in four respondents prioritize authentic tourism, while 22% are keen on supporting local economies when they travel. Indian travelers, in particular, are guided by personal values and beliefs, with 24% citing these as their primary motivation for more sustainable travel. This trend underscores a broader movement towards travel that is not only enjoyable but also meaningful and impactful. Exploring Off-peak Takes Center Stage Many travelers in Asia seek to mitigate their impact on the environment by traveling during off-peak seasons to alleviate overcrowding, a choice made by nearly a quarter of respondents. Additionally, 20% of travelers are opting for accommodations with sustainability certifications while 18% are packing reusable items to reduce waste. Japanese travelers stand out for being the most committed out of all Asian travelers to reducing waste, with 25% packing reusable items like water bottles and shopping bags on a trip. Andrew Smith, Senior Vice President, Supply at Agoda, said, "Asian travelers are increasingly seeking ways to make a positive impact on the destinations they visit. Agoda's Eco Deals Program is one way we're empowering them to do just that. By offering great value deals on partnering properties and donating one US dollar to local conservation projects for every program booking, we are not only helping travelers save but also enabling them to contribute to the preservation of the places they love." Since the recent launch of the 2025 edition, Agoda's Eco Deals program has provided travelers with discounts of up to 15% on partner hotels across 10 Asian markets. This marks the first year of Japan and South Korea joining the Eco Deals Campaign, providing more Asia-bound travelers the opportunity to support their favorite destinations. For every Eco Deals booking, a dollar is donated to WWF conservation projects aimed at protecting wildlife and conserving critical habitats across Asia. More information can be found on www.agoda.com/ecodeals. Agoda's offerings include over 5 million holiday properties, more than 130,000 flight routes, and over 300,000 activities, all of which can be combined in the same booking. Download Agoda's mobile app or visit Agoda.com to discover the best deals for your next trip.
Agentic AI emerges as a priority for operating model transformation Effective employee engagement and change management improve AI success by up to 18 percentage points BENGALURU, India, March 12, 2025 /PRNewswire/ -- Infosys Knowledge Institute (IKI), a research arm of Infosys (NSE: INFY) (BSE: INFY) (NYSE: INFY), a global leader in next-generation digital services and consulting, today unveiled its largest survey of AI effectiveness to date. Titled Infosys AI Business Value Radar, the report surveyed 3,240 companies worldwide across 132 different AI business use cases and highlights a significant shift in AI deployment. Many organizations are now transitioning from experimentation to scaled deployment, thanks to decreasing costs and increasing success rates. The research reveals that 19% of AI use cases deliver on all their business objectives, while another 32% show promise by partially meeting their objectives. The research indicates that organizations prioritizing core, transformational AI use cases are more likely to achieve business objectives. As AI costs decline in the future, the research data indicates these transformational use cases will rapidly begin to deliver more effective business outcomes. Well-designed change management strategies combined with robust employee training efforts enhance AI deployment success rates by up to 18 percentage points. These findings underline the growing potential of enterprise AI to deliver business value across industries, when supported by bold action focused on reshaping business processes, employee training and data architecture to ensure success. Key Findings and Recommendations from the Infosys AI Business Value Radar Report High-performing Industries: White-collar and technically focused industries, such as professional services, life sciences, high tech, telecommunications, and insurance tend to achieve more success from AI. Financial services are the only white-collar industry that ranks just below average on performance, likely due to regulatory and data modernization challenges. However, AI is not benefiting all industries equally: Travel and hospitality, manufacturing, retail, and the public sector struggle to achieve consistent success. Top Use Cases: IT, operations, and facilities is the most pursued AI use case category, with 38% of respondents implementing it. This is followed by cybersecurity, resilience, and software development, with 30% pursuing these categories. Use cases in these categories are 10%-15% more likely to succeed. The next most pursued are marketing, customer service, and sales. Industry-specific applications, such as claims processing in insurance and clinical trials in life sciences, tend to improve core business operations. These use cases typically require transformation of data and technical architecture. Change Management: Only 16% of companies have implemented effective change management and employee training for AI. Companies that have taken initial steps to address AI can nearly double their likelihood of success with AI deployments by fully investing in workforce AI readiness. Key Recommendations: The report recommends these five critical steps to become AI-first and generate business value from AI deployments: Accelerate agentic AI as a route to operating model transformation. Speed up innovation by simultaneous experimenting through an AI foundry and AI factory model. Prepare employees by investing in training to achieve an 18-percentage point uplift in use case success. Adopt a product-centric mindset to support AI operating models. Create an AI governance task force to reduce risk and improve accountability. Satish H C, EVP, Chief Delivery Officer, Infosys, said, "Enterprise AI is ready to scale. With effective use of data architecture, operating models, and employee readiness, businesses can accelerate their adoption of AI to achieve measurable success. Our research indicates that agentic AI is critical to operating model transformation. We expect this to develop significantly over the coming year to become the driving force of enterprise transformation as it reshapes business processes, operating models, and technical architectures." Jeff Kavanaugh, Head of Infosys Knowledge Institute, said, "In our largest AI research to date, we have uncovered the drivers of AI business success. Organizations that go beyond experimentation and fundamentally change their operating model, as well as support their employees through the journey, are most likely to thrive in the era of Enterprise AI." To read the full report with detailed insights, please visit here. About Infosys Infosys is a global leader in next-generation digital services and consulting. Over 300,000 of our people work to amplify human potential and create the next opportunity for people, businesses and communities. We enable clients in more than 56 countries to navigate their digital transformation. With over four decades of experience in managing the systems and workings of global enterprises, we expertly steer clients, as they navigate their digital transformation powered by cloud and AI. We enable them with an AI-first core, empower the business with agile digital at scale and drive continuous improvement with always-on learning through the transfer of digital skills, expertise, and ideas from our innovation ecosystem. We are deeply committed to being a well-governed, environmentally sustainable organization where diverse talent thrives in an inclusive workplace. Visit www.infosys.com to see how Infosys (NSE, BSE, NYSE: INFY) can help your enterprise navigate your next. Safe Harbor Certain statements in this release concerning our future growth prospects, or our future financial or operating performance, are forward-looking statements intended to qualify for the 'safe harbor' under the Private Securities Litigation Reform Act of 1995, which involve a number of risks and uncertainties that could cause actual results or outcomes to differ materially from those in such forward-looking statements. The risks and uncertainties relating to these statements include, but are not limited to, risks and uncertainties regarding the execution of our business strategy, increased competition for talent, our ability to attract and retain personnel, increase in wages, investments to reskill our employees, our ability to effectively implement a hybrid work model, economic uncertainties and geo-political situations, technological disruptions and innovations such as Generative AI, the complex and evolving regulatory landscape including immigration regulation changes, our ESG vision, our capital allocation policy and expectations concerning our market position, future operations, margins, profitability, liquidity, capital resources, our corporate actions including acquisitions, and cybersecurity matters. Important factors that may cause actual results or outcomes to differ from those implied by the forward-looking statements are discussed in more detail in our US Securities and Exchange Commission filings including our Annual Report on Form 20-F for the fiscal year ended March 31, 2024. These filings are available at www.sec.gov. Infosys may, from time to time, make additional written and oral forward-looking statements, including statements contained in the Company's filings with the Securities and Exchange Commission and our reports to shareholders. The Company does not undertake to update any forward-looking statements that may be made from time to time by or on behalf of the Company unless it is required by law.
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