Chery Auto Launches an IPO on HKEX – Fundamentals Driving Long-term Value Growth

Since 2024, the Chinese automotive industry has witnessed a wave of domestic brands replacement. With the dual drivers of the booming new energy vehicle market and sustained national policy support, domestic brands have achieved significant advances against international brands by means of new energy transformation, coordinated efforts in domestic and international markets, technological innovation, and global expansion, resulting in a continuous increase in market share. As Chinese domestic passenger car brands rise in the global market, the capital market is likely to recognize the intrinsic value of Chinese automakers. Chery Automobile, which submitted its application to the Hong Kong Stock Exchange on February 28, 2025, presents a unique investment opportunity.

Founded in 1997, Chery Automobile has long led the industry in innovation and deep international market penetration, achieving comprehensive global business coverage and industry-leading sales. This has cemented its solid position in China’s domestic passenger car market. According to Frost & Sullivan, based on global sales for the nine months ended September 30, 2024, Chery Automobile is the second-largest domestic passenger car company in China and 11th largest passenger car company globally.

Reinforced Innovation to Establish Core Technological Competitiveness
Upholding the development philosophy of “Building the Enterprise through Technology,” Chery Automobile has been always regarding technological innovation as the core of its business growth. The Company has established a multi-tier and comprehensive R&D system, including the Kaiyang collaborative research initiative, Stellar Lab (core technology research and development platform), and research and development centers located in China, Europe, South and North America, and Southeast Asia.

Supported by this robust R&D system and strong research capabilities, Chery Automobile has pursued a technology strategy of “Dual Strategy of ICE (internal combustion engine) vehicles and NEVs,” and achieved technological synergies between ICE vehicle and NEV models. In the field of ICE technology, the Company produced China’s first self-develop proprietary ICE engine for passenger vehicle in 1999; its in-house developed Chery Power 8-speed automatic transmission was the first proprietary 8AT transmission with full intellectual property rights in China. In the field of new energy vehicle hybrid system technology, the Company’s high-performance hybrid engine boasts industry-leading thermal efficiency and the REEV engine can achieve an oil-to-electricity conversion efficiency of 3.7 kWh/L, ranking among the best in the industry, while its hybrid DHT’s maximum mechanical efficiency in pure electric mode is among one of the highest globally.

To promote intelligence technologies for NEVs to the next level and accelerate the adoption of intelligence solutions for ICE vehicles, Chery Automobile is committed to providing cost-effective intelligence solutions to users of both ICE vehicles and NEVs, such as its intelligent cockpit system and applications featuring smooth connectivity, personalized intelligence and comprehensive functions across China and overseas markets. In the first nine months of 2024, the percentage of its passenger vehicles equipped with L2 and above intelligent driving solutions reached 50.7%.

Rapid Growth Supported by a Diverse Shareholder Base
Powered by its exceptional technological advantages, Chery Automobile’s diverse range of models has gained widespread market approval, resulting in soaring sales. In the first nine months of 2024, the Company’s passenger car sales increased by 51.8% compared to the same period in 2023, leading the growth among the world’s top 20 passenger car companies. Moreover, Chery Automobile was the only passenger vehicle company among the global top 20 to achieve a sales volume increase over 30.0% for both NEVs and ICE vehicles and in both China and overseas markets.

The rapid business growth has translated into outstanding financial performance. In the first nine months of 2024, Chery Automobile achieved revenues of approximately RMB 182.154 billion, marking a 67.7% year-on-year increase. Net profit reached about RMB 11.312 billion, a year-on-year growth of 58.5%. The return on equity (ROE) was 81.6%. As of September 30, 2024, the Company had cash and cash equivalents totaling RMB 41.938 billion, indicating robust capital reserves.

Previously, Chery Automobile has gone through several rounds of strategic financing, forming a diversified shareholder layout. This includes state-owned entities such as Anhui Credit Financing Guaranty Group Co., Ltd., Wuhu Investment Holding Co., Ltd., Bohai Industrial Investment Fund Management Co., Ltd., Qingdao Urban Investment International Development Group Co., Ltd., and Changshu Port Development Construction Co., Ltd., as well as renowned publicly-listed companies and investment institutions like Luxshare Investment (HK) Limited, CATL, Gotion High-Tech, and so on, providing substantial financial and resource support to the Company.

In 2024, Chery Automobile’s outstanding performance in multiple dimensions, including sales volume, revenue, profit, new energy vehicles, fuel vehicles, and exports, has accumulated sufficient momentum for landing on the international capital market.  A Hong Kong listing will not only help the Company establish a long-term capital replenishment channel but also benefit the activation of its equity incentive mechanism to maximize its value potential.

Singapore to Host the 24th Cyber Security Summit: Addressing Emerging Threats and AI-Driven Security

As cyber threats continue to evolve, the 24th Cyber Security Summit is set to take place in Singapore, bringing together industry leaders, cybersecurity experts, and technology pioneers to discuss the latest advancements and challenges in digital security. Hosted by Exito Media Concepts Pvt Ltd, the summit will provide key insights into next-generation threat detection, artificial intelligence (AI) in cybersecurity, and cross-border data protection.

A Growing Need for Cybersecurity Resilience

A recent cybersecurity incident in Singapore highlights the critical need for proactive security measures. A major financial institution suffered a data breach, exposing sensitive customer information and causing a significant disruption in operations. This attack, attributed to sophisticated ransomware tactics, resulted in a 45% increase in fraudulent transactions and an estimated financial loss of $15 million within a month. Reports indicate that Singapore saw a 32% rise in ransomware incidents in 2023, reinforcing the urgency for advanced cybersecurity frameworks.

The 24th Cyber Security Summit, Singapore, aims to address such pressing challenges by facilitating discussions on cutting-edge encryption methods, AI-driven threat detection, and Zero Trust architecture.

Keynote and Featured Discussions

The summit will kick off with an Opening Keynote on Singapore’s Cybersecurity Strategy, highlighting the country’s commitment to becoming a smart nation with robust digital security infrastructure. Attendees will gain insights into technological innovations such as AI-powered threat detection systems, next-gen encryption methodologies, and proactive incident response frameworks.

A panel discussion on AI and cybersecurity, titled The Yin and Yang of AI: Harnessing Power, Mitigating Risk, will explore the dual role of AI in both enhancing and posing risks to cybersecurity. Industry experts will delve into Singapore’s National AI Strategy 2.0, emphasizing ethical AI adoption and cyber resilience.

Notable Speakers and Panelists:

The event will feature a distinguished lineup of speakers, including:

  • Christophe Barel, Managing Director APAC, FS-ISAC (Moderator)
  • Neal Jetton, Director Cybercrime, INTERPOL
  • Justin Ong, APAC CISO & CPO, Panasonic Asia Pacific
  • Frankie Shuai, APAC CISO, DWS Group
  • John Kane, Chief Innovation Officer, Tyme Group

Event Highlights

The summit will feature:

  • Fireside Chat: Ransomware Unveiled – Exploring mitigation strategies and incident responses to combat ransomware-as-a-service (RaaS) threats.
  • Spotlight Session: Mastering Data Security – Discussing encryption advancements and AI-driven cybersecurity tools.
  • Roundtable Discussions – Covering key topics such as Zero Trust implementation, cross-border data compliance, and next-gen security tools.
  • Workshops – Hands-on hacking and quantum computing sessions to enhance technical knowledge and defense mechanisms.

A Call to Strengthen Cybersecurity Preparedness

With cybercrime damages projected to reach $10.5 trillion annually by 2025, organizations must adopt resilient cybersecurity strategies. The24th Cyber Security Summit serves as a crucial platform for industry leaders to collaborate, share best practices, and explore innovative solutions that safeguard the digital economy.

For registration details and more information, visit Cyber Security Summit, Singapore.

About Exito

Exito, which means success in Spanish, reflects our commitment to the success of our customers. Each year, we organize over 240 virtual and in-person conferences globally, bringing audiences together with world-class thought leaders and C-level executives from various industries. Our carefully curated agendas, based on extensive research and valuable industry insights, facilitate business, knowledge transfer, transaction flow, and impactful messaging for brands.

For Media Enquiries, reach out to:
Aayesha Zaheer (Sr. Media & PR Executive)
aayesha.zaheer@exito-e.com
+9174836 58566

Doubleview Gold Corp Announces Collaboration with Her Excellency Sheikha Sara Nasser Al-Thani CEO of Qmission W.L.L. Qatar

Doubleview Gold Corp. (TSXV: DBG) (OTCQB: DBLVF) (FSE: 1D4) (the “Company” or “Doubleview”) is pleased to announce that it has received a Statement of Interest from Her Excellency Sheikha Sara Nasser Al-Thani CEO of Qmission W.L.L. for the Company’s Polymetallic HAT Porphyry Deposit, located in northwestern British Columbia, Canada. Her Excellency and Doubleview have entered into an Emissary Agreement to build and foster a potential collaboration with the State of Qatar by way of the Qatar Investment Authority (“QIA”) as well as other Arab countries who are seeking to expand business relations, particularly investments in unique and critical mineral deposits that can deliver the resources needed for a sustainable future. Sheikha Sara Nasser Al-Thani is personally involved in seeking business opportunities and building strategic collaborations between different business sectors through her company Qmission that will benefit all parties involved.

The Middle Eastern country of Qatar is known for its wealth of natural resources, mainly natural gas (LNG) and oil. In 2005, the Qatar Investment Authority (“QIA”) was established. It is the nation’s sovereign wealth fund, renowned for its focus on exceptional, one-of-a-kind investments spanning all major global markets, asset classes, sectors and geographies. Her Excellency noted, “This opportunity extends beyond the oil and gas sector and holds significant potential benefits for Qatar. QMISSION’s focus is to explore diverse sectors, continuously seeking avenues for growth and innovation. Inspired by the words from the Emir of Qatar, His Royal Highness Sheikh Tamim bin Hamad Al Thani, ‘Qatar deserves the best from its citizens,’ we remain committed to identifying groundbreaking prospects. Doubleview Gold and its HAT Deposit, with its abundance of copper, gold, cobalt and scandium, represents a golden opportunity in the mining industry.”

Farshad Shirvani, president & CEO states: “QIA’s vision corresponds perfectly with the Hat Project’s potential significance on the global stage, due to the deposit’s unique variety of critical minerals – copper, cobalt and scandium, in addition to gold and silver – and its size, which sets it apart. This presents a unique investment opportunity. I am honored to have Her Excellency Sheikha Sara Nasser Al Thani as an ally in our mission to develop this deposit and to share my vision with her.”

The Hat Project features a significant and unique combination of critical metals, including scandium, copper, and gold, among other valuable resources. The Hat Deposit’s 2024 maiden resource estimate (“HAT MRE 1.0”) reported the following commodities in both indicated and inferred categories, at a cut-off grade of 0.2% copper equivalent (“CuEq”*):

  • Gold: 929k ounces (indicated), 2.328 million ounces (inferred)
  • Copper: 733 million pounds (indicated), 1.945 billion pounds (inferred)
  • Silver: 2.045 million ounces (indicated), 7.575 million ounces (inferred)
  • Cobalt: 28 million pounds (indicated), 91 million pounds (inferred)
  • Scandium: The scandium potential for the Hat Deposit is estimated to be 300 to 500 million tonnes at an average grade of 40 ppm (0.004%) Sc2O3.

Note: For further details, please refer to the Company’s July 25, 2024, news release.

An update to the Company’s Maiden Resource Estimate (“HAT MRE 2.0”) is expected to be published in Q2, 2025. It will include more than 10,000 meters of additional drill hole information and will be used as part of the Preliminary Economic Assessment (“HAT PEA”) concurrently being completed. Updated Scandium metallurgy studies are underway which will be included in the HAT MRE 2.0 and HAT PEA once concluded.

* – Copper Equivalent (CuEq) currently does not include the Scandium.
– Metal equivalents should not be relied upon for future evaluations.
– Parameters used to calculate Copper Equivalent: Au price (US$/oz): 1900; Ag price (US$/oz): 24; Cu price (US$/lb): 4; Co price (US$/lb): 22. Au recovery: 89.0%; Ag recovery: 68.0%; Cu recovery: 84.0%; Co recovery: 78.0%. * Copper Equivalent Calculation CuEq in % = ([Ag grade in ppm] *24*0.68/31.1035 + [Au grade in ppm] *1900*.89/31.1035 + 0.0001* [Co grade in ppm] *22*0.78*22.0462 + 0.0001* [Cu grade in ppm] *4*0.84*22.0462)/(4*22.0462*0.84).

Doubleview maintains a website at www.doubleview.ca.

Qualified Persons:

Erik Ostensoe, P. Geo., a consulting geologist, and Doubleview’s Qualified Person with respect to the Hat Project as defined by National Instrument 43-101 Standards of Disclosure for Mineral Projects, has reviewed, and approved the technical contents of this news release. He is not independent of Doubleview as he is a shareholder in the company.

About Doubleview Gold Corp

A mineral resource exploration and development company is headquartered in Vancouver, British Columbia, Canada. It is publicly traded on the TSX-Venture Exchange (TSXV: DBG), (OTCQB: DBLVF), (WKN: LA1W038), and (FSE: 1D4). Doubleview focuses on identifying, acquiring, and financing precious and base metal exploration projects across North America, with a strong emphasis on British Columbia. The company enhances shareholder value through the acquisition and exploration of high-quality gold, copper, cobalt, scandium, and silver projects-collectively critical minerals-utilizing cutting-edge exploration techniques.

Doubleview’s success is deeply rooted in the unwavering support of its long-term shareholders, supporters, and institutional investors. Their ongoing commitment has been instrumental in advancing the company’s strategic initiatives. Doubleview looks forward to further collaborative growth and development, and continues to welcome active participation from its valued stakeholders as the company expands its portfolio and strengthens its position in the critical minerals sector.

About the Hat Polymetallic Deposit

The Hat Deposit, located in northwestern British Columbia, is a polymetallic porphyry project with major resources of copper, gold, cobalt, and the potential for scandium. As one of the region’s significant sources of critical minerals, the Hat deposit has undergone targeted exploration and development. The 0.2% CuEq cut-off resource estimate, as of the recently completed Mineral Resource Estimate and the Company’s July 25, 2024, news release, is summarized below:

   Average GradeMetal Content
Open Pit Model HatResource CategoryTonnageCuEqCuCoAuAgCuEqCuCoAuAg
Mt%%%g/tg/tmillion lbmillion lbmillion lbthousand ozthousand oz
In PitIndicated1500.4080.2210.0080.190.421,353733289292,045
Inferred4770.3440.1850.0090.150.493,6191,945912,3287,575

Scandium potential for the Hat Deposit is estimated to be 300 to 500 million tonnes at an average grade of 40 ppm (0.004%) Sc2O3.

For further details, please refer to the Company’s July 25, 2024 news release.

On behalf of the Board of Directors,

Farshad Shirvani, President & Chief Executive Officer

For further information please contact:

Doubleview Gold Corp
Vancouver, BC Farshad Shirvani
President & CEO

T: (604) 678-9587
E: corporate@doubleview.ca

NEITHER TSX VENTURE EXCHANGE NOR ITS REGULATION SERVICES PROVIDER (AS THAT TERM IS DEFINED IN THE POLICIES OF THE TSX VENTURE EXCHANGE) ACCEPTS RESPONSIBILITY FOR THE ADEQUACY OR ACCURACY OF THIS RELEASE.

Certain of the statements made and information contained herein may constitute “forward-looking information.” In particular references to the private placement and future work programs or expectations on the quality or results of such work programs are subject to risks associated with operations on the property, exploration activity generally, equipment limitations and availability, as well as other risks that we may not be currently aware of. Accordingly, readers are advised not to place undue reliance on forward-looking information. Except as required under applicable securities legislation, the Company undertakes no obligation to publicly update or revise forward-looking information, whether as a result of new information, future events or otherwise.

Corporate Logo

To view the source version of this press release, please visit https://www.newsfilecorp.com/release/243263

Register Now: analytica Vietnam’s Largest Edition & Must-See Innovations!

analytica Vietnam 2025, the country’s largest and most influential trade fair for laboratory technology, analysis, and biotechnology, is set to return bigger than ever. Taking place from 2-4 April 2025 at the Saigon Exhibition and Convention Center (SECC), Ho Chi Minh City, this 8th edition will be the largest in the event’s history, expanding to two exhibition halls and welcoming over 300 exhibitors and brands, and 6,000 trade visitors from across the region.

Endorsed by the Ministry of Science and Technology in Vietnam and supported by the National Agency for Science and Technology Information (NASATI), Center for Science and Technology Information (CESTI), Key Laboratory of Analytical Technology for Environmental Quality and Food Safety Control (KLATEFOS), VNU, Federal Ministry for Economic Affairs and Climate Action of Germany, and the Association of Small & Medium Enterprises (Singapore), analytica Vietnam 2025 continues to uphold its reputation as a leading industry event.

Global Participation and Networking Opportunities

This year’s edition will see extensive global participation, with dedicated pavilions from Germany, Singapore, and China, alongside exhibitors from Vietnam, Malaysia, Japan, South Korea, the UK, Switzerland, France, Spain, Turkey, India, and the USA. The event continues to serve as a premier platform for networking, innovation, and business development in the industry. Michael Wilton, Managing Director of MMI Asia, the organizer of analytica Vietnam, expressed, “The continuous growth of analytica Vietnam reflects the increasing demand for advanced laboratory and analytical solutions across Vietnam and the region. Expanding to two halls not only accommodates more exhibitors but also opens up new avenues for collaboration, knowledge exchange, and innovation. We’re excited to welcome professionals from all over the world to experience our largest and most comprehensive edition yet.

What to Expect at analytica Vietnam 2025?

  • Academic Conference: Learn from internationally renowned experts as they share research, trends, and findings on topics such as Environmental and Green Chemistry, Food and Quality Control, Pharmaceutical Analysis & Health Science, and Future Technologies.
  • Live Lab Demo: This interactive feature brings advanced analytical instruments, automation, and testing procedures to life, allowing visitors to witness real-time applications across various industries.
  • Innovation Zone: A dedicated area showcasing the newest and most groundbreaking products in laboratory technology, analysis, and biotech solutions.
  • Lab 4.0 Exhibitor Forum: Explore a range of innovative technologies and solutions transforming laboratory operations. Topics will include automation, digitalization, advanced data analytics, new materials, and cutting-edge techniques in laboratory management and research.
  • Lab Design and Construction Forum: Gain insights into the latest trends in lab design, energy-efficient solutions, sustainable practices, and innovative layouts. Industry experts and renowned speakers will share their expertise on creating modern laboratories that meet both functionality and environmental standards.
  • Lucky Draw: Stand a chance to win exciting prizes sponsored by our esteemed exhibitors.
  • Hosted Buyer Program: The largest program yet, with key buyers from Vietnam, Cambodia, Thailand, and Malaysia, invited for exclusive business meetings with exhibitors.

Vincent Au Yeong, Country Manager of ITS Vietnam, the event’s Bronze Sponsor, shared, “As a customer of analytica Vietnam for nearly 10 years, I have witnessed the event’s growth and the valuable benefits it brings each year. The continuous development of analytica has reinforced our confidence in its ability to provide insights, foster partnerships, and stay ahead of industry trends. We’re proud to be part of this long-term journey and look forward to further growth together. We can’t wait to meet both our longtime and new customers here.”

Top 15 Products You Can Look Forward to Seeing at the Exhibition:

1. Mixer Mill MM 400 by ITS
2. PacBio Revio/Onso Sequencing System by DKSH
3. Xevo MRT Mass Spectrometer by Waters
4. Liquid Chromatograph Mass Spectrometer by Shimadzu
5. epMotion 5075 by Eppendorf
6. Biosafety cabinet, Tangerine by Oriental Giken
7. High-Speed Amino Acid Analyzer LA8080 by 2H Instrument
8. EMC Magnetic Cell Holder by EMCLAB Instruments GmbH
9. Hot Head by ELDEX CORPORATION
10. Gas generator for TOC Gas Analysis by cmc Instruments GmbH
11. Sykam Amino Acid Analyzers by Hoa Viet Co., Ltd
12. SCIEX ZenoTOF 7600 SCIEX ZenoTOF 7600 LC-MS/MS System Model: ZenoTOF 7600 by Viet Nguyen Co.,ltd
13. Avio 550 ICP-OES – Perkin Elmer
14. MIRI® Time-Lapse Incubat or by ESCO
15. AI – RIDA®SMART APP Allergen (2024) by R-Biopharm

Be Part of analytica Vietnam 2025 – Register Today!

To make the most of your experience at analytica Vietnam 2025, we recommend that trade visitors register in advance. This will ensure seamless access to the event and provide updates on the latest developments. For more information and to complete your registration, please visit www.analyticavietnam2025.events-regis.com/

About analytica Vietnam

analytica Vietnam is the premier trade fair for laboratory technology, analysis, and biotechnology in Southeast Asia. Organized by Messe München, the event brings together industry professionals, researchers, and policymakers to showcase the latest technologies, exchange knowledge, and foster business collaborations. analytica Vietnam features an exhibition, conference, pre-event laboratory tours, buyer-seller programs, and networking opportunities, providing a comprehensive platform for the laboratory and biotechnology industries in the region. The upcoming edition is set to take place from April 2 to 4, 2025 at the SECC – Saigon Exhibition and Convention Center. More details can be found at https://www.analyticavietnam.com/.

About analytica worldwide

Messe München is the world’s leading trade fair organizer for laboratory technology, analysis and biotechnology. The international network of exhibitions includes analytica, analytica China, analytica Anacon India & India Lab Expo, analytica Vietnam, analytica USA, and analytica Lab Africa. Additional information about these exhibitions and their programs of events is available at.

About MMI Asia Pte Ltd

Established in 1992, MMI Asia is the wholly owned subsidiary and the regional headquarters of Messe München GMBH (MMG) and is one of the world largest and leading exhibition organizers. MMI Asia’s portfolio of events include editions of worldleading trade fairs from Munich – transport logistic & air cargo, analytica, ceramitec; as well as industry-specific events such as Glasstech and Fenestration Asia, Asia Climate Forum, and Singapore International Water Week. MMI Asia also provides consultancy in professional trade fair and conference management to government bodies, international trade and promotion organizations, and trade associations. For more information, please visit www.mmiasia.com

About Messe München

As one of the world’s leading trade fair organizers, Messe München presents the world of tomorrow at its about 90 trade fairs worldwide. These include twelve of the world’s leading trade fairs such as bauma, BAU, IFAT, electronica, and ISPO. Messe München’s portfolio comprises trade fairs for capital and consumer goods, as well as for new technologies. Together with its subsidiaries, it organizes trade fairs in China, India, Brazil, South Africa, Turkey, Singapore, Vietnam, Hong Kong, Thailand, and the U.S. With a network of more than 15 affiliated companies and almost 70 representations worldwide, Messe München is active in more than 130 countries. The more than 150 events held annually attract around 50,000 exhibitors and around three million visitors in Germany and abroad.

Exhibition Contact:
MMI Asia Pte. Ltd.Daniel ShiExhibition Director
daniel@mmiasia.com.sg

Press Contact:
MMI Asia Pte. Ltd.Joey NgMarketing Executive
joey@mmiasia.com.sg

HighTide Therapeutics Announces Publication of Phase 2 Study of Berberine Ursodeoxycholate for the Treatment of Type 2 Diabetes Mellitus in JAMA Network Open

– Data from the proof-of-concept study showed berberine ursodeoxycholate was generally well tolerated and had beneficial therapeutic effect in improving glycemic, hepatic and cardiometabolic parameters
– The multifaceted effects demonstrated by berberine ursodeoxycholate support this new molecular entity as a unique oral treatment option for T2DM and its comorbidities
– T2DM phase 3 data readout is expected to be announced in the first half of 2025

HighTide Therapeutics, Inc. (HKG: 2511), a clinical stage biopharmaceutical company specializing in the development of multifunctional multi-targeted therapies for chronic liver and metabolic diseases, today announced that data from the Phase 2 proof-of-concept study evaluating berberine ursodeoxycholate (HTD1801) for the treatment of type 2 diabetes mellitus (T2DM) was published online in JAMA Network Open. 

The publication reports results of the randomized, placebo-controlled 12-week study to assess efficacy, safety and tolerability of HTD1801 compared to placebo in patients with T2DM. The trial achieved its primary endpoint by demonstrating a statistically significant and superior reduction in HbA1c at week 12 with HTD1801 versus placebo. A majority of patients treated with HTD1801 achieved target HbA1c <7%. Further, results show therapeutic benefit of HTD1801 on LDL and total cholesterol, markers of liver injury and systemic inflammation. In this study, HTD1801 was well tolerated with no treatment-related serious adverse events observed. These findings are being confirmed in ongoing Phase 3 studies.

“We are encouraged by the results of this Phase 2 study. The study provides evidence that HTD1801 can treat the core aspects of metabolic syndrome, with potential to provide a spectrum of therapeutic effects that appear to address comorbid conditions that exacerbate disease and worsen prognosis of patients with T2DM,” said Dr. Linong Ji, Professor of Medicine at Peking University, Director of Peking University Diabetes Center and Director of the Department of Endocrinology and Metabolism, Peking University People’s Hospital, in Beijing, China.

“Based on these positive findings, we are continuing to advance the clinical development of HTD1801 in our ongoing Phase 3 T2DM program with topline results expected in the first half of this year,” said Dr. Liping Liu, CEO of HighTide Therapeutics.

About JAMA Network Open Journal
JAMA Network Open is an international, peer-reviewed, open access, general medical journal that publishes research on clinical care, innovation in health care, health policy, and global health across all health disciplines and countries for clinicians, investigators, and policy makers. JAMA Network Open is a member of the JAMA Network, a consortium of peer-reviewed, general medical and specialty publications.

About Berberine Ursodeoxycholate (HTD1801)
Berberine ursodeoxycholate (HTD1801) is an orally delivered, gut-liver anti-inflammatory metabolic modulator being developed for the treatment of metabolic and digestive diseases. HTD1801, an ionic salt of berberine and ursodeoxycholate, is a new molecular entity with unique dual mechanisms of action, including AMP kinase activation and NLRP3 inflammasome inhibition. These two key mechanistic pathways have been associated with improvements in glucose metabolism, insulin resistance, lipid metabolism, and hepatic inflammation, potentially providing a comprehensive treatment platform for the multifaceted nature of complex metabolic diseases such as T2DM.

About HighTide Therapeutics
HighTide Therapeutics, Inc. (HKG: 2511) is a globally integrated biopharmaceutical company focusing on the discovery and development of first-in-class multifunctional multi-targeted therapies with poly-indication potential across multiple metabolic and digestive diseases with significant unmet medical needs. The Company is currently developing several clinical assets and holding global intellectual property rights, advancing multiple mid-to-late-stage clinical trials including therapy for metabolic dysfunction-associated steatohepatitis (MASH), type 2 diabetes mellitus (T2DM), severe hypertriglyceridemia (SHTG) and primary sclerosing cholangitis (PSC). Berberine ursodeoxycholate (HTD1801), the Company’s lead drug candidate, received Fast Track designation from the United States Food and Drug Administration for both MASH and PSC and Orphan Drug designation for PSC. HTD1801 has been included in the National Major New Drug Innovation Program under the 13th Five-Year Plan for Major Technology Project in China.

For more information, please visit www.hightidetx.com

Contact: pr@hightidetx.com

MBZUAI Unveils First-of-its-Kind Undergraduate Program in Artificial Intelligence Designed to Empower Future AI Leaders

The Mohamed bin Zayed University of Artificial Intelligence (MBZUAI) is disrupting the AI education landscape with the launch of its first-ever undergraduate program. Unlike traditional AI curricula, this Bachelor of Science in Artificial Intelligence program blends core AI expertise with leadership, entrepreneurship, industry experience, and real-world impact.

MBZUAI’s undergraduate program is innovative and multidisciplinary as it will equip students with a strong foundation in AI fields such as machine learning, natural language processing, computer vision, and robotics, and provide cross-disciplinary training in business, finance, industrial design, market analysis, management, and communication. Students will benefit from a hands-on experiential curriculum to develop an entrepreneurial mindset to lead AI transformations. The goal is to develop visionary thinkers and multi-faceted problem-solvers who will lead the AI evolution globally.

His Excellency Khaldoon Khalifa Al Mubarak, Chairman of MBZUAI’s Board of Trustees, stated: “This undergraduate program will play a transformative role in fulfilling our leadership’s vision of ensuring that the UAE continues to lead in AI research, application, and commercialization to drive innovation, economic growth, and societal progress. It will equip the next generation of homegrown talent with deep technical expertise and an understanding of AI’s broader impact. In doing so, it will strengthen the nation’s ability to foster a skilled workforce capable of driving AI advancements that benefit not only our country and the region but the world.”

Beyond the core technical AI skills, MBZUAI is committed to shaping the next generation of AI innovators, developers, managers, and visionaries. This comprehensive program equips them with the leadership acumen, financial and legal fundamentals, and essential human skills such as management, communication, and critical thinking that are crucial for driving the future of AI development and deployment.

MBZUAI’s new undergraduate program embraces a co-pilot education model, which integrates AI into every aspect of the student educational journey. AI will assume a central role in the student learning experience, enhancing critical thinking and problem-solving skills and preparing students to excel in a rapidly evolving AI landscape.

The curriculum will cover advanced topics such as deep learning, generative AI, and AI for science, alongside business and entrepreneurial training. Students will also explore cutting-edge areas such as AI for health and medicine, AI for sustainable living, and 3D vision and mixed reality. They will have the opportunity to work with true global leaders across all domains of AI and gain unparalleled hands-on experience with the teams who develop state-of-the-art large language models including MBZUAI’s world-leading JAIS, the world’s most advanced Arabic LLM, and K2, the only third-party reproducible LLM to outperform major private sector models.

MBZUAI President and University Professor Eric Xing emphasized the university’s forward-thinking approach: “Our undergraduate program will be the first of its kind, as it integrates AI education with entrepreneurship, problem-discovery, and key skills for a product journey. We are reshaping what it means to be educated in AI-producing not just engineers, but also entrepreneurs, designers, influencers, executives, and visionary innovators prepared to drive AI innovation in every sector at all stages.”

Cross-disciplinary training and hands-on learning will be the cornerstone of the program. Students will embrace the humanities, business and a liberal arts curriculum, as they work well outside the bounds of classic computer science and STEM. Furthermore, they will engage in co-operative industry placements, internships, mentorships, and partnerships with top players in industry and AI research.

Professor Xing added, “Our students won’t just be taught theory and programming. They will graduate with critical understandings of society and people, of markets and the economy, and the practical experience and confidence to drive and lead AI initiatives, whether within established companies or through their own entrepreneurial ventures. We’re focused on preparing our graduates for the rapidly changing landscape of AI.”

MBZUAI’s program offers two distinct streams: a Bachelor of Science in AI – Business, which focuses on business integration and entrepreneurship, and a Bachelor of Science in AI – Engineering, which centers on AI model development and deployment across the breadth of AI, and real-world applications in different sectors.

Students will benefit from an environment that includes high-end AI computational resources, smart classrooms, dedicated incubation spaces, and world-renowned faculty with backgrounds in both academia and industry.

This pioneering program is open to both local and international students and aims to attract the brightest and most ambitious minds, positioning MBZUAI at the forefront of undergraduate AI education.

“We are not just educating students; we are building future generations of workforce and community of AI. With this undergraduate program, MBZUAI is setting a new standard in AI education, ensuring our graduates are equipped to transform industries and drive global progress,” Professor Xing concluded.

About Mohamed bin Zayed University of Artificial Intelligence (MBZUAI)
MBZUAI is a research-focused university in Abu Dhabi, and the first university dedicated entirely to the advancement of science through AI. The university empowers the next generation of AI leaders, driving innovation and impactful applications of AI through world-class education and interdisciplinary research. In 2025, MBZUAI launched its first ever undergraduate program, a Bachelor of Science in AI, with two distinct streams: Business and Engineering. For more information, please visit www.mbzuai.ac.ae.

To apply for admission, visit mbzuai.ac.ae or contact admission@mbzuai.ac.ae. For press inquiries, please contact:

Aya Sakoury
MBZUAI’s Head of Communications

Amy Rogers
MBZUAI’s Senior Communications Specialist
media@mbzuai.ac.ae

Roger Field/Aya Hassan
Wallis PR

SOURCE: MBZUAI

Global Advanced Metals Declared Conformant to Minerals Due Diligence Audit Standard for 15 Consecutive Years

Global Advanced Metals Pty Ltd (GAM), a leading producer of tantalum and tin products, has successfully undergone conflict minerals due diligence audits by the Responsible Minerals Assurance Process (RMAP) of the Responsible Minerals Initiative (RMI) at its 3 manufacturing sites in Australia, Japan and the United States.

Global_Advanced_Metals_logo.jpg
Global Advanced Metals Logo

GAM has achieved another milestone in the furtherance of its leadership role in due diligence and responsible minerals trade: following August and September 2024 audits, RMAP-RMI has determined GAM’s Aizu, Japan, Greenbushes WA, Australia and Boyertown-Pennsylvania, USA facilities conformant to its audit standards for tantalum and tin.

To earn RMAP-RMI conformance status, a company must successfully undergo a rigorous third party audit of its smelting operations. The audit includes validating evidence of: adherence to the 5-steps Due Diligence Guidance of the Organization for Economic Cooperation and Development (OECD), acceptable reasonable country of origin evaluation, mine of origin and chain of custody documentation, and verification of scrap sources among other criteria.

“These successful audits are additional evidence of the effectiveness of GAM’s holistic management system approach to minerals due diligence across the company. GAM will continue collaborating and partnering with organizations like the Public Private Alliance for Responsible Minerals Trade (PPA), the Responsible Minerals Initiative (RMI), and the Organization for Economic Cooperation and Development (OECD) Multi-Stakeholders Group to drive for responsible business practice in the minerals sector.” Said Edward Steckel, GAM Senior Director of Global Supply Chain.

The RMI-RMAP’s conflict-minerals due diligence audit program is led and supported by a cross section of industries (e.g., Electronics, Aerospace, and Automotive), governments, and other stakeholders. Downstream companies rely on the conformance of smelters like GAM to comply with Section 1502 of the US Dodd-Frank Act, EU conflict minerals regulations, and other applicable conflict-free minerals’ regulations.

About GAM
GAM is a leading conflict-free tantalum and tin products maker. GAM has exclusive rights to the world’s largest industrial resources of tantalum ore located in Western Australia. GAM produces conflict-free tantalum powders and metallurgical products at its Pennsylvania, USA and Aizu, Japan plants for a range of industries including electronics, aerospace, automotive, medical and chemical processing. GAM also produces tin ingot at its site in Greenbushes, WA Australia.

GAM’s smelting facilities in Japan and the USA were first declared “Conflict-Free” in 2010 under the former EICC/GeSI Conflict-Free Sourcing Initiative (CFSI) audit program and continue to maintain their conformance to the current RMAP standard.

About RBA, RMI and RMAP
The Responsible Business Alliance-RBA was formerly known as the Electronic Industry Citizenship Coalition-EICC,The Responsible Minerals Initiative (RMI) was formerly known as the Conflict Free Sourcing Initiative-CFSI, andThe Responsible Minerals Assurance Process-RMAP was formerly known as the Conflict Free Smelter Program-CFSP.

Contact Information
Jean-Paul Meutcheho
Direstor of Sourcing and Corporate Sustainability
jmeutcheho@globaladvancedmetals.com
+1 610-369-8165

SOURCE: Global Advanced Metals

CORRECTION FROM SOURCE: General Atomics Acquires North Point Defense

Change: The first sentence of the second paragraph has been removed.

General Atomics (GA) today announced the strategic acquisition of North Point Defense, Inc. (NPD), a leading provider of Signals Intelligence (SIGINT) exploitation software and sensor integration, by General Atomics Integrated Intelligence, Inc. (GA-III), formerly known as General Atomics Commonwealth Computer Research, Inc. This acquisition enhances GA’s capabilities in the rapidly evolving SIGINT field, positioning the company to deliver advanced ISR solutions for air, sea, ground, and space platforms.

From concept to deployment, NPD delivers AI/ML-based autonomous signal processing and data dissemination solutions providing real-time actionable intelligence, supporting tactical and national mission priorities. “Joining GA represents an incredible opportunity to enhance our impact in delivering cutting-edge SIGINT solutions in support of national and tactical users,” said Bruce Benenati, President of NPD. “As part of a mission-focused organization with a proven track-record in tactical intelligence across the DoD and IC, we can accelerate innovation and deployment at scale. The integration gives our team access to unmatched operational expertise, resources, and a broader customer base. Together, we are poised to deliver even greater capabilities to those who depend on us in the field.”

GA-III is committed to providing a comprehensive suite of “out-of-the-box” hardware and software tools to meet mission requirements and expand the innovative intelligence capabilities within the GA group of companies. “The integration of NPD technologies into a division of GA-III is a strategic shift, enhancing GA’s ability to innovate rapidly and provide greater value to customers with end-to-end ISR solutions that are more efficient, effective, and technologically advanced.” said Brian Ralston, President of GA-III.

Baird served as the exclusive financial adviser and Miles & Stockbridge acted as legal counsel to North Point Defense on the transaction.

About General Atomics and General Atomics Integrated Intelligence
General Atomics is a defense and diversified technologies company, founded in 1955 as a division of General Dynamics and acquired by the Blue family in 1986. GA and affiliates operate on five continents, and produce unmanned aircraft and airborne sensor systems, satellite surveillance, high power laser, hypervelocity projectile, and power conversion systems. GA is a leader in nuclear fusion research, next-generation nuclear fission and advanced materials technologies. The company occupies 8+ million square feet of engineering, laboratory and manufacturing facilities and comprises over 13,000 employees.

GA-III’s capabilities include spatio-temporal data management, advanced analytics, visualization tools, and computer vision, alongside AI/ML-enabled automated target recognition services. These capabilities support a wide range of national, tactical, and commercial/international applications, leveraging both commercial cloud and edge-based computing solutions and are fully integrated with GA Aeronautical Systems’ unmanned aircraft and airborne sensor systems.

Media Contact: https://www.ga.com/general-business-inquiries

Contact Information
GA-ASI Media Relations
asi-mediarelations@ga-asi.com

SOURCE: General Atomics Aeronautical Systems, Inc.

Historic Global Anti-Scam Summit Convenes in London to Combat Escalating Online Fraud

The World’s largest gathering of international leaders, law enforcement, and industry experts aims to reshape the fight against global scams

In a landmark event, the United Kingdom will host the Global Anti-Scam Summit (GASS) London 2025, bringing together an unprecedented number of policymakers, industry leaders, and cybersecurity experts. This summit, organized by the UK Home OfficeGlobal Anti-Scam Alliance (GASA)Cifas, and Euroconsumers, is set to be the most significant anti-scam event to date, with a focus on forging global partnerships to address the rampant rise of online scams, which last year cost the global economy nearly US$1.03 trillion.

Unveiling Global Strategies Against Scams
The summit will kick off with keynote speeches from top international figures, including The Rt Hon Lord Hanson of Flint, who will outline the UK’s initiatives and the collaborative efforts needed to combat this global menace. Discussions will focus on enhancing international cooperation, harmonizing scam prevention efforts, and leveraging technology to protect consumers worldwide.

Panel discussions on the first day will explore the urgent need for coordinated global action. Sessions will dive into the human cost of scams, share international lessons in scam prevention, and highlight the role of public-private partnerships in advancing fraud legislation and industry best practices. The main focus of the event is to foster cross-border and -sector collaborations.

Industry Leaders to Drive Technological Innovations
The summit will also feature contributions from tech giants and financial institutions, focusing on how cutting-edge technologies like AI can be utilized to thwart scammers effectively. Industry leaders will discuss the creation of the Global Signal Exchange, an innovative platform aimed at enhancing data sharing across borders to better track and prevent scams.

Day two of GASS London 2025 will be dedicated to solutions-focused workshops and breakout sessions. Experts will present the latest advancements in scam detection and prevention, from deepfake recognition to strategies for securing digital identities. Interactive discussions will enable participants to share insights and develop actionable strategies for protecting consumers globally, such as the GASA recommendation that every country should have a dedicated national anti-scam centre.

The event agenda and attendance tickets are available here: https://www.gasa.org/gass-2025-london

The summit will look to solidify commitments from attending public and private organizations and set a roadmap for international cooperation through 2026 and beyond.

GASS London 2025 is a call to action for every stakeholder in the fight against online fraud. It offers a unique opportunity to join forces with global leaders and take a stand against the cyber threats that impact millions of lives each year.

Selected speakers include:

  • Aad Lensen, Jeroen Niessen, and Ruben van Well, Dutch Police
  • Andrei Skorobogatov, Home Office
  • Angelique Miet, European Commission
  • Ben Donaldson, UK Finance
  • Dr Elizabeth Carter, Kingston University London
  • Els Bruggeman, Euroconsumers
  • Hedwige Nuyens, International Banking Federation (IBFed)
  • Henriette Bongers, FraudeHelpdesk.nl
  • Jayde Richmond, Australian National Anti-Scam Centre
  • Jean-Jacques Sahel, Google
  • Jorij Abraham, GASA
  • Kate Griffin, Aspen Institute
  • Kitboga, YouTube Scambaiter
  • Laura Kankaala, F-Secure
  • Lucia Harris, Match Group
  • Luke Reynolds, Mastercard
  • Lynette Owens, Trend Micro
  • Mike Haley, Cifas
  • Natalie Black, OFCOM
  • Nathaniel Gleicher, Meta

The event agenda and attendance tickets are available here: https://www.gasa.org/gass-2025-london

Contact Information
Sam Rogers
Marketing Director, Global Anti-Scam Alliance
sam.rogers@gasa.org
+31 (0) 645 130 670

Hayley Paterson
Press & PR Manager, Cifas
hayley.paterson@cifas.org.uk

Related Video

https://youtube.com/watch?v=5hMU5TIQBwc%3Ffeature%3Doembed

SOURCE: Global Anti-Scam Alliance

Related Documents: Global State of Scams Report – 2024.pdfState of Scams in the United Kingdom Report – 2024.pdf

Giftify, Inc. Launches Sports Ticket & Merchandise Savings Platform as Fan Expenses Surge

Giftify, Inc. (NASDAQ:GIFT) (the “Company”), the owner and operator of CardCash.com and Restaurant.com, and a leader in the incentives and rewards industry, today announced the expansion of its CardCash.com platform into the high-margin sports retail sector, offering consumers smart saving solutions for sports fans to save on tickets, apparel and game-day essentials as part of the Company’s strategic growth initiative for 2025.

With the 2025 MLB season getting underway, fans are facing rising costs for tickets, gear, and game-day essentials. The average cost of attending a baseball game has climbed to $152 for a family of four, with premium seats seeing increases as high as 38.8%. But CardCash.com, a leading secondary gift card exchange operated by Giftify, is stepping up to help fans save.

By using discounted gift cards from StubHub, Nike, Adidas, Under Armour, Dick’s Sporting Goods, and Fanatics, families can cut costs on tickets, jerseys, and game-day snacks.

For example, a family of four heading to a Yankees game this season, their tickets alone would cost over $300, but by paying with StubHub gift cards purchased at CardCash.com at an 11% discount, they save over $30. Grabbing team gear from MLB Shop? That’s another 11% saved.

Making Baseball More Affordable

“With rising ticket prices, fans are looking for ways to save without missing out on their favorite teams,” said Carol Rosenblum, Marketing Manager at CardCash.com. “By using our discounted gift cards, baseball lovers can cut costs by 10-20%, whether they’re buying tickets, upgrading their game-day outfits, or picking up tailgating gear.”

Spring Cleaning: Turn Unused Gift Cards into Game-Day Cash

The CardCash.com platform offers a comprehensive solution for sports fans: not only can they purchase discounted gift cards to save on upcoming expenses, but they can also monetize unused gift cards by exchanging them for cash or store credit—creating a complete financial ecosystem for sports enthusiasts. Just as fans engage in spring cleaning around their homes, CardCash encourages them to clear out their wallets and drawers of forgotten gift cards and transform that untapped value into memorable sports experiences.

“As MLB teams welcome fans back to stadiums across the nation, this is the perfect time for people to check their wallets, trade in unused gift cards, and put those funds toward experiences they’ll actually enjoy,” said Ketan Thakker, CEO of Giftify, Inc. “Why let old gift cards go to waste when they can help get you to the ballpark? This sports fan initiative represents a key component of our 2025 growth strategy to penetrate high-frequency consumer spending categories while building recurring engagement with our platform.”

About Giftify, Inc.

Giftify, Inc. is a pioneer in the incentive and rewards industry with a focus on retail, dining & entertainment experiences, as the owner and operator of leading digital platforms, CardCash.com and Restaurant.com. CardCash.com is a leading secondary gift card exchange platform, allowing consumers and retailers to realize value by buying and selling gift cards at various scales. Its Restaurant.com is the nation’s largest restaurant-focused digital deals brand. Restaurant.com and our Corporate Incentives division connect digital consumers, businesses and communities offering thousands of dining, retail and entertainment deals options nationwide at over 184,000 restaurants and retailers. Restaurant.com prides itself on offering the best deal, every meal. Our gift cards and restaurant certificates allow customers to save at thousands of restaurants across the country with just a few clicks.

For more information, visit: www.giftifyinc.com and www.cardcash.com and https://www.restaurant.com.

Forward-Looking Statements

Press Releases may include forward-looking statements. In particular, the words “believe,” “may,” “could,” “should,” “expect,” “anticipate,” “estimate,” “project,” “propose,” “plan,” “intend,” and similar conditional words and expressions are intended to identify forward-looking statements. Any statements made in this news release about an action, event or development, are forward-looking statements. Such statements are based upon assumptions that in the future may prove not to have been accurate and are subject to significant risks and uncertainties. Such statements are subject to a number of assumptions, risks and uncertainties, many of which are beyond the control of the company. Accordingly, you should not place undue reliance on these forward-looking statements. Although the company believes that the expectations reflected in the forward-looking statements are reasonable, it can give no assurance that its forward-looking statements will prove to be correct. Investors are cautioned that any forward-looking statements are not guarantees of future performance and actual results or developments may differ materially from those projected. The forward-looking statements in this press release are made as of the date hereof. The company takes no obligation to update or correct its own forward-looking statements, except as required by law or those prepared by third parties that are not paid by the company. Statements in this press release that are not historical fact may be deemed forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities Exchange Act of 1934, as amended. Although Giftify, Inc. believes the expectations reflected in any forward-looking statements are based on reasonable assumptions, Giftify, Inc. is unable to give any assurance that its expectations will be attained. Factors that could cause actual results to differ materially from expectations include the company’s ability identify a suitable business model for the corporation.

Investors Contacts:
IR@giftifyinc.com