Business News

SF Intra-city Achieves Interim Profit

Net Profit Exceeded RMB30 Million in 2023 H1 Seizes Diversified Market Demands in Achieving High-quality and Stable Development Results Highlights Revenue increased by 28.8% YoY to approximately RMB5,749.2 million. Gross profit and gross profit margin both improved significantly and hit historic highs, gross profit amounted to approximately RMB383.4 million, significantly increased by 112.3% YoY, and gross profit margin...

Cango Inc. Announces January 2026 Bitcoin Production and Mining Operations Update

DALLAS, Feb. 3, 2026 /PRNewswire/ -- Cango Inc. (NYSE: CANG) ("Cango" or the "Company"), a leading Bitcoin miner leveraging its global operations to develop an integrated energy and AI compute platform, today published its Bitcoin production and mining operations update for January 2026. Bitcoin Mining Production and...

Medit Reaffirms Commitment to American Dental Providers: No Price Increases for U.S. Customers

SEOUL, South Korea and NEWPORT BEACH, Calif., April 9, 2025 /PRNewswire/ -- Medit, a global leader in digital dentistry solutions and intraoral scanning technology, announced today that it will not raise suggested retail prices for its U.S. customers—reaffirming its commitment to accessibility, transparency, and steadfast support for dental professionals across the country....

Riyadh Season 2022 Teaser Crosses Continents with the Line of International Celebrity DJ Khaled

RIYADH, Saudi Arabia, Oct. 26, 2022 /PRNewswire/ -- Real Madrid and French national team star Karim Benzema appeared in a teaser video announcing the launch of Riyadh Season 2022 in the Saudi capital, Riyadh. The video included other international celebrities, such as DJ Khaled, who reiterates his famous line: "They didn't believe in us," concluding with the phrase: "RIYADH DID!"...

Cisco @ Mobile World Congress: Empowering Global Service Providers with AI-Ready Infrastructure to Win the Enterprise with Innovative Business Services

News Summary: Cisco showcases how it is helping global service provider partners monetize their infrastructure to support the needs of enterprise customers with unified wireless experiences across people, machines, places, and things. Cisco and TELUS launch new 5G capabilities in North America to serve IoT use cases for industry verticals,...

Cognizant Research Shows Plug-and-Play AI is a Myth

TEANECK, N.J., March 11, 2026 /PRNewswire/ -- Cognizant (Nasdaq: CTSH) released new research showing that companies pursuing AI adoption overwhelmingly prefer IT services firms - such as "AI Builder" firms, a new services model defined by designing and building custom, full stack AI solutions - to deliver real enterprise value from...

Spark Education Group Partners with Everest Education to Bring World-Class Online Learning to Vietnam

HO CHI MINH CITY, Vietnam, Nov. 22, 2022 /PRNewswire/ -- Spark Education Group (Spark Education), a world leader and innovator in interactive live small-class learning, announced a joint venture with Everest Education (Everest), a leading provider of premium offline and online education services in Vietnam, to bring world-class online learning to Vietnam. From left to right:...

Neurophet to participate BIO USA… exploring global partnership and business

Neurophet's AI brain image analysis technology improves time and cost efficiency for drug development Aims to create business opportunities with global pharmaceutical companies SEOUL, South Korea, May 31, 2024 /PRNewswire/ -- Neurophet, an artificial intelligence (AI) solution company for brain disease, announced its participation in the annual BIO International...

AMX Sponsors Team Redline to Elevate Global Sim Racing League, Poised for Market Expansion

Key Highlights: Strategic sponsorship of Team Redline by FIA-accredited AMX aims to reshape the sim racing landscape. Sim racing market experiencing significant growth, with AMX poised to capture market share. AMX Global League's third season starts in September, featuring a diverse race format and increased prize pool. Three years of specialized technology and platform development behind AMX. In-house...

China Yuchai International Announces Unaudited 2025 First Half-Year Financial Results

SINGAPORE, Aug. 8, 2025 /PRNewswire/ -- China Yuchai International Limited (NYSE: CYD) ("China Yuchai" or the "Company"), one of the largest powertrain solution manufacturers through its main operating subsidiary in China, Guangxi Yuchai Machinery Company Limited ("Yuchai"), announces today its unaudited consolidated financial results for the first half-year ended June 30, 2025 ("1H 2025").  The financial information presented herein for 1H 2025...
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