LOS ANGELES, Dec. 20, 2025 /PRNewswire/ -- Mixue, a brand under MIXUE Group (02097.HK), opened its first store in Los Angeles on December 19, marking its debut in the Americas and another step in the group's global expansion strategy.

Located at 6922 Hollywood Blvd Suite 107, the store features Mixue's core menu of ice cream, pure tea, fruit tea, milk tea, and freshly brewed coffee, with customizable sugar levels and toppings. The menu pricing lists the brand's signature ice cream at $1.19, iced lemonade at $1.99, lattes at $2.99, and bubble tea starting at $3.99, with most items priced between $1.19 and $4.99. To mark the opening, Mixue hosted a series of launch activities, including street pop-ups featuring its Snow King mascot, themed photo experiences, and promotional giveaways, attracting strong interest and excitement from local consumers.

Mixue has expanded internationally over several years. The brand opened its first overseas store in Hanoi, Vietnam, in 2018, marking its initial step toward global expansion. Today, Mixue operates approximately 4,700 stores outside China across 13 countries, including Australia, Japan, South Korea, Thailand, Malaysia, and Singapore. The opening of its first store in the United States further extends the brand's global footprint.

MIXUE Group now operates over 53,000 stores worldwide, making it one of the largest freshly made beverage chains by store count. Its rapid expansion and value-focused model have positioned the group ahead of many established global brands in terms of physical footprint. Reflecting its growing international influence, MIXUE Group was included this year in Time magazine's list of the "100 Most Influential Companies in the World," where it was the only restaurant chain recognized. The listing highlights the increasing presence of Chinese consumer brands on the global stage and MIXUE's expanding role in the international food and beverage market.

"Mixue is actively advancing its global strategy. Given the substantial market potential in the United States, the first store serves as a starting point. Moving forward, the company will steadily expand its store footprint, allowing more local consumers to enjoy high-quality, affordable drinks," the head of Mixue U.S. commented at the opening.

By combining applied product research with foundational ingredient and process development, the Company continuously upgrades its core beverage components while introducing freshly made drinks designed to balance quality and affordability. The brand's supply chain is managed through a digital system that supports end-to-end quality control, from ingredient sourcing and production to warehousing and distribution. This "farm-to-table" approach applies consistent standards at each stage. 

Looking ahead, Mixue plans to further expand its presence across the Americas, introducing its value-focused menu to a wider range of consumers. Stores across New York will also begin opening in the coming days. The Company will continue to strengthen its supply chain by expanding sourcing capabilities, improving logistics efficiency, and investing in production capacity and research and development. These efforts are aimed at supporting sustainable growth while maintaining consistent product quality and affordability as Mixue scales in international markets.

For more information about Mixue US, please visit https://www.instagram.com/mixue_global.

About MIXUE Group

Founded in China, MIXUE Group is the world's leading global freshly-made drinks company. Operating the freshly-made tea drinks brand Mixue and freshly-made coffee brand Lucky Cup, Mixue has built a comprehensive end-to-end supply chain at the largest scale in China's freshly-made drinks industry, encompassing essential aspects covering procurement, production, logistics, R&D and quality control. The company is committed to delivering high-quality, affordable fresh beverages to consumers worldwide through its extreme-efficiency global supply chain and franchise model.

Landmark Project Across Four Governorates to Boost Power Plant Output by 50%, Easing Chronic Electricity Shortages

SHANGHAI, Dec. 20, 2025 /PRNewswire/ -- Shanghai Electric has broken ground on the Euphrates Combined Cycle Expansion Project in Iraq. As the project's contractor, Shanghai Electric is upgrading power plants across four Iraqi governorates by transforming simple-cycle units into combined-cycle systems. The expansion will add a total capacity of 625 megawatts (MW) and is designed to boost overall plant efficiency by approximately 50%, generating an additional 5 billion kilowatt-hprojours (kWh) of electricity annually without increasing fuel consumption. This initiative is poised to significantly alleviate the country's persistent electricity shortages.

"The pressing need for energy security and development in Iraq is clear. We are honored that our efficient combined-cycle technology is recognized as instrumental in modernizing this critical infrastructure," said a spokesperson for Shanghai Electric. "This project exemplifies our commitment to supporting the energy security and green development of Belt and Road countries through technological innovation."

Iraq, a major Middle Eastern oil producer, has faced severe power shortages for over three decades. Most of its power plants rely on natural gas, yet domestic gas development lags, creating a heavy dependence on imports. This power deficit has become a persistent challenge to people's livelihoods and a bottleneck for national reconstruction and economic growth.

The Shanghai Electric-contracted expansion project along the Euphrates River broke ground early this year and covers the Iraqi governorates of Najaf, Karbala, Babylon, and Al-Qadisiyyah, with all upgrades centered on advanced combined-cycle technology. Core equipment has now arrived on site, and construction is advancing through the collaboration of Chinese and Iraqi teams. Since its commencement, the project has drawn considerable attention from the Iraqi government and public.

Iraqi Minister of Electricity Ziad Ali Fadel has praised the project's strategic importance, stating, "This initiative is highly significant for improving Iraq's power supply and optimizing its electricity infrastructure. Once operational, it will effectively reduce Iraq's reliance on imported natural gas and lower its fuel costs for power generation."

At the power plant in Najaf, the upgrade utilizes high-temperature exhaust from existing gas turbines as a heat source. The exhaust is directed through heat recovery steam generators to produce high-pressure steam, which then drives a new steam turbine to create additional electricity. This combined-cycle process increases output and efficiency without extra fuel and reduces the thermal pollution from the original units.

Naseem Ayad, the Iraqi project manager at the Najaf site, said, "Chinese equipment and power technology help us reuse high-temperature exhaust, boosting generation capacity while reducing thermal pollution. This project sets a benchmark for power plant upgrades in Iraq and reflects local hopes for more reliable electricity and better living conditions."

At the Karbala site, core equipment such as heat recovery steam generators and direct air-cooled condensers have been delivered. This project phase marks one of Iraq's first combined-cycle expansions to fully utilize Chinese equipment and standards, with core systems designed and manufactured in China. This will effectively drive the overseas deployment of Chinese equipment and enhance the recognition of Chinese standards in Iraq.

Upon completion, the project is expected to improve local livelihoods, support post-war reconstruction, and lay a robust energy foundation for Iraq's industrial recovery and economic growth.

Shanghai Electric remains dedicated to supporting sustainable development in Belt and Road regions and worldwide through advanced, efficient, and eco-friendly energy technologies.

For more information, please visit https://www.shanghai-electric.com/group_en/.

SHANGHAI, Dec. 19, 2025 /PRNewswire/ -- WuXi Biologics (2269.HK) announced that it has been named to the CDP "A" lists for both Climate Change and Water Security for 2025, underscoring its leadership in environmental stewardship and transparent disclosure.

Climate Change Leadership

Being recognized with an "A" rating by CDP for Climate Change affirms WuXi Biologics' leadership in environmental performance. The company's integrated climate change strategy – which has been validated by SBTi – is anchored in a clear goal of achieving net-zero emissions across its value chain by 2050. To reach this goal, the company has developed a refined roadmap and implemented robust initiatives, including energy efficiency programs, process optimization, and renewable energy adoption. Notably, its biologics facility in Ireland now operates on 100% renewable electricity.

Water Security Excellence

For the third consecutive year, WuXi Biologics has earned a place on the CDP Water Security "A" List. The company has established a comprehensive framework for water management – aligned with United Nations SDG 6 – and set a clear target to reduce water consumption intensity by 30% by the end of 2025 compared to the 2019 baseline. Reaffirming its dedication to good water stewardship and commitment to sustainable water management, the company launched a Water Excellence Stewardship (WES) program that covers such material topics as water governance, water balance, water quality, and safe water/environmental and personal hygiene (WASH).

Earlier this year, WuXi Biologics was also recognized with an "A" rating in the CDP's Supplier Engagement assessment for its efforts in driving climate action across the value chain. While working to advance its own climate goals, the company actively collaborates with global suppliers to accelerate the transition toward a net-zero and sustainable economy through a comprehensive sustainable supply chain management system, Scope 3 emissions disclosure and target progress tracking.

Dr. Chris Chen, WuXi Biologics CEO and Chairman of the ESG Committee, commented, "We are deeply honored to receive these 'A' ratings from CDP, reflecting our commitment to Climate Change and Water Security. This recognition bolsters our resolve – as a global leader in green biologics CRDMO – to drive the industry toward a more responsible and sustainable future."

As a participant of the United Nations Global Compact (UNGC) and the Pharmaceutical Supply Chain Initiative (PSCI), WuXi Biologics proactively advocates sustainability and has earned widespread recognitions for its efforts. The company was granted an MSCI AAA Rating; awarded an EcoVadis Platinum Medal; listed in the Dow Jones Sustainability Indices (DJSI); given the highest negligible-risk rating by Sustainalytics, and recognized as a Sustainalytics industry and regional ESG top-rated company for five consecutive years; selected as a Constituent of the FTSE4Good Index Series; listed in the Hang Seng ESG 50 Index; and rated as Prime by ISS ESG Corporate Rating.

About WuXi Biologics

WuXi Biologics (stock code: 2269.HK) is a leading global Contract Research, Development and Manufacturing Organization (CRDMO) offering end-to-end solutions that enable partners to discover, develop and manufacture biologics – from concept to commercialization – for the benefit of patients worldwide.

With over 12,000 skilled employees in China, the United States, Ireland, Germany and Singapore, WuXi Biologics leverages its technologies and expertise to provide customers with efficient and cost-effective biologics discovery, development and manufacturing solutions. As of June 30, 2025, WuXi Biologics is supporting 864 integrated client projects, including 24 in commercial manufacturing.

WuXi Biologics regards sustainability as the cornerstone of long-term business growth. The company continuously drives green technology innovations to offer advanced end-to-end Green CRDMO solutions for its global partners while consistently achieving excellence in Environment, Social and Governance (ESG). Committed to creating shared value, it collaborates with all stakeholders to foster positive social and environmental impacts and promote responsible practices that empower the entire value chain.

For more information about WuXi Biologics, please visit: www.wuxibiologics.com.

Contacts

ESG
[email protected]

Media
[email protected]

香港2025年12月19日 /美通社/ -- 由復星財富國際控股有限公司（簡稱「復星財富控股」）與星路金融科技控股有限公司（簡稱「星路科技」）主辦、泰康資產管理（香港）有限公司（簡稱「泰康資管（香港）」）協辦的「Web5生態：引領全球財富管理新時代」峰會於香港舉辦。峰會上，星路科技重磅發佈其升級版一站式RWA（Real World Assets，現實世界資產）技術、發行及分銷平台——FinRWA Platform 2.0（簡稱「FRP 2.0」），推動構建更加開放、融合、合規、創新的金融生態。

貫徹Web5戰略，推動融合與合規並進

本次峰會雲集了來自Web3基礎設施、金融科技、數字資產等領域逾200位行業領袖，圍繞資產上鏈、技術合規與生態共建等前沿議題展開深度交流。香港特別行政區政府財經事務及庫務局副局長陳浩濂太平紳士為活動發表視頻致辭，香港特別行政區立法會議員（科技創新界）邱達根先生、香港數碼港管理有限公司首席企業發展官朱美恩女士出席並致辭演講。

復星財富控股行政總裁、星路科技董事長程康先生在開幕致辭中表示，為積極響應香港特區政府《香港數字資產發展政策宣言2.0》及金管局「金融科技2030」DART戰略，復星財富控股與星路科技積極推動財富管理行業的數字化升級與可持續發展，構建開放協同的Web5（Web2+Web3）生態。復星財富控股作為全球一站式Web5財富管理平台，擁有深厚的財富管理與數字資產服務經驗；旗下星路科技作為一站式Web5財富科技平台，已成為香港首家支持多幣種代幣化基金分銷的平台，並成功構建香港首個單位信托架構代幣化基金技術解決方案，在香港乃至亞洲的RWA領域實現多項行業突破。「2026年將是融合之年、突破之年、生態之年。我們期待見證更多機構與個人跨越數字鴻溝，擁抱Web5帶來的財富管理新範式。復星財富控股與星路科技將持續通過數字化創新，助力傳統金融接入Web3新興生態，攜手各界夥伴共同推動財富管理行業邁向更加開放、融合、合規的Web5未來。」

FRP 2.0：新一代RWA代幣化協同平台

星路科技CEO蔡華先生於峰會發佈了星路科技一站式RWA技術、發行及分銷平台的升級版——FinRWA Platform 2.0（簡稱「FRP 2.0」）。FRP 2.0致力於構建新一代RWA代幣化協同平台，以合規為基石、協作為引擎、透明為保障，助力不同機構實現合規發行，重塑數字資產管理流程。FRP2.0具備全球化、高相容性的分銷網路，通過整合Web2的合規框架與Web3的技術效率，已打通香港持牌虛擬資產交易所、傳統券商及銀行渠道，支持多幣種代幣化基金的分銷。相較上一代系統，FRP 2.0在功能、效能與安全性上均實現顯著提升。

該平台引入代幣化服務（Tokenization as a Service, TaaS），為公募、私募基金等金融資產的上鏈提供更清晰、更合規的操作路徑，主要亮點包括：

• 跨機構業務協同：平台支持發行人、托管方、代幣代理人等多種機構共同參與代幣化全生命周期管理，實現數據互聯互通。
• 精細化權限體系：遵循最小權限原則，管理員可基於角色勾選功能模塊；操作界面做隔離設計，從源頭杜絕越權操作。
• 靈活審批流程：審批流程可高度自定義。操作流程全程留痕，支持事後審計與回溯；業務進行中系統自動完成KYT（了解你的交易）合規性校驗，並將結果即時回饋，為業務安全保駕護航。
• 資產透明化管理：數據與區塊鏈同步，可實時查看代幣合約詳情、交易哈希等；支持歷史價格波動分析和分紅記錄管理，為資產估值提供可靠依據。

蔡華表示，「FRP 2.0致力於推動生態互聯，打破機構間數據壁壘，助力構建香港Web3.0創新樞紐，促進更開放的金融協作生態。我們希望以領先的代幣化基礎設施，將萬億級實體資產轉化為鏈上數字機遇。」

此外，蔡華亦介紹了星路科技在AI技術領域的前沿突破，貫通客戶觸達、產品盡調、投研決策等關鍵環節。例如產品盡調方面，星路科技的AI KYP Writer可以以99%的準確率、1分鐘完成原需半天生成的金融盡調與風控報告，節省80%人力成本，助力新品極速上線，以科技創新驅動財富管理模式持續升級。

本次峰會還設置了兩場圓桌論壇，分別以《2026年香港Web2+Web3發展潛力和機會》、《打通合規Web2+Web3，支持香港Web3.0發展》為主題，邀請了來自Bybit、Solana 基金會、FOMO Pay、Conflux、君合律師事務所、OSL、泰康資管（香港）及Matrixport的前沿代表人物共同探討Web5生態的創新實踐。

關於復星財富國際控股有限公司

復星財富國際控股有限公司及其子公司統稱「復星財富控股」，是復星國際（股票代號：656.HK）在港全資控股的AI驅動全球一站式Web5財富管理平台。復星財富控股資本實力雄厚，旗下各子公司分別持有香港證監會頒發的第1、2、4、6、9類牌照及香港保監局的保險經紀牌照。在Web3浪潮下，復星財富控股旗下全資子公司復星國際證券有限公司於2024年6月取得香港證監會1號牌升級，旗下全資子公司復星國際資產管理有限公司已取得香港證監會4號及9號牌的升級，積極探索虛擬資產業務。

關於星路金融科技控股有限公司

星路金融科技控股有限公司及其子公司統稱「星路科技」，是復星財富控股自主孵化的AI驅動全球一站式Web5財富科技平台，為各類金融機構提供全面的財富管理產品和科技解決方案，涵蓋現金管理、公募基金、私募基金、結構性產品、債券、保險及虛擬資產等全品類的財富管理產品。星路科技在亞洲金融科技領域處於領先地位，自Web3浪潮初起，星路科技已專注提升連接實體與數字資產的能力，打造一站式現實世界資產（RWA）技術、發行、分銷平台，開拓財富管理行業全新增長路徑。

香港2025年12月19日 /美通社/ -- 由復星財富國際控股有限公司（簡稱「復星財富控股」）與星路金融科技控股有限公司（簡稱「星路科技」）主辦、泰康資產管理（香港）有限公司（簡稱「泰康資管（香港）」）協辦的「Web5生態：引領全球財富管理新時代」峰會於香港舉辦。峰會上，星路科技重磅發佈其升級版一站式RWA（Real World Assets，現實世界資產）技術、發行及分銷平台——FinRWA Platform 2.0（簡稱「FRP 2.0」），推動構建更加開放、融合、合規、創新的金融生態。

貫徹Web5戰略，推動融合與合規並進

本次峰會雲集了來自Web3基礎設施、金融科技、數字資產等領域逾200位行業領袖，圍繞資產上鏈、技術合規與生態共建等前沿議題展開深度交流。香港特別行政區政府財經事務及庫務局副局長陳浩濂太平紳士為活動發表視頻致辭，香港特別行政區立法會議員（科技創新界）邱達根先生、香港數碼港管理有限公司首席企業發展官朱美恩女士出席並致辭演講。

復星財富控股行政總裁、星路科技董事長程康先生在開幕致辭中表示，為積極響應香港特區政府《香港數字資產發展政策宣言2.0》及金管局「金融科技2030」DART戰略，復星財富控股與星路科技積極推動財富管理行業的數字化升級與可持續發展，構建開放協同的Web5（Web2+Web3）生態。復星財富控股作為全球一站式Web5財富管理平台，擁有深厚的財富管理與數字資產服務經驗；旗下星路科技作為一站式Web5財富科技平台，已成為香港首家支持多幣種代幣化基金分銷的平台，並成功構建香港首個單位信托架構代幣化基金技術解決方案，在香港乃至亞洲的RWA領域實現多項行業突破。「2026年將是融合之年、突破之年、生態之年。我們期待見證更多機構與個人跨越數字鴻溝，擁抱Web5帶來的財富管理新範式。復星財富控股與星路科技將持續通過數字化創新，助力傳統金融接入Web3新興生態，攜手各界夥伴共同推動財富管理行業邁向更加開放、融合、合規的Web5未來。」

FRP 2.0：新一代RWA代幣化協同平台

星路科技CEO蔡華先生於峰會發佈了星路科技一站式RWA技術、發行及分銷平台的升級版——FinRWA Platform 2.0（簡稱「FRP 2.0」）。FRP 2.0致力於構建新一代RWA代幣化協同平台，以合規為基石、協作為引擎、透明為保障，助力不同機構實現合規發行，重塑數字資產管理流程。FRP2.0具備全球化、高相容性的分銷網路，通過整合Web2的合規框架與Web3的技術效率，已打通香港持牌虛擬資產交易所、傳統券商及銀行渠道，支持多幣種代幣化基金的分銷。相較上一代系統，FRP 2.0在功能、效能與安全性上均實現顯著提升。

該平台引入代幣化服務（Tokenization as a Service, TaaS），為公募、私募基金等金融資產的上鏈提供更清晰、更合規的操作路徑，主要亮點包括：

• 跨機構業務協同：平台支持發行人、托管方、代幣代理人等多種機構共同參與代幣化全生命周期管理，實現數據互聯互通。
• 精細化權限體系：遵循最小權限原則，管理員可基於角色勾選功能模塊；操作界面做隔離設計，從源頭杜絕越權操作。
• 靈活審批流程：審批流程可高度自定義。操作流程全程留痕，支持事後審計與回溯；業務進行中系統自動完成KYT（了解你的交易）合規性校驗，並將結果即時回饋，為業務安全保駕護航。
• 資產透明化管理：數據與區塊鏈同步，可實時查看代幣合約詳情、交易哈希等；支持歷史價格波動分析和分紅記錄管理，為資產估值提供可靠依據。

蔡華表示，「FRP 2.0致力於推動生態互聯，打破機構間數據壁壘，助力構建香港Web3.0創新樞紐，促進更開放的金融協作生態。我們希望以領先的代幣化基礎設施，將萬億級實體資產轉化為鏈上數字機遇。」

此外，蔡華亦介紹了星路科技在AI技術領域的前沿突破，貫通客戶觸達、產品盡調、投研決策等關鍵環節。例如產品盡調方面，星路科技的AI KYP Writer可以以99%的準確率、1分鐘完成原需半天生成的金融盡調與風控報告，節省80%人力成本，助力新品極速上線，以科技創新驅動財富管理模式持續升級。

本次峰會還設置了兩場圓桌論壇，分別以《2026年香港Web2+Web3發展潛力和機會》、《打通合規Web2+Web3，支持香港Web3.0發展》為主題，邀請了來自Bybit、Solana 基金會、FOMO Pay、Conflux、君合律師事務所、OSL、泰康資管（香港）及Matrixport的前沿代表人物共同探討Web5生態的創新實踐。

關於復星財富國際控股有限公司

復星財富國際控股有限公司及其子公司統稱「復星財富控股」，是復星國際（股票代號：656.HK）在港全資控股的AI驅動全球一站式Web5財富管理平台。復星財富控股資本實力雄厚，旗下各子公司分別持有香港證監會頒發的第1、2、4、6、9類牌照及香港保監局的保險經紀牌照。在Web3浪潮下，復星財富控股旗下全資子公司復星國際證券有限公司於2024年6月取得香港證監會1號牌升級，旗下全資子公司復星國際資產管理有限公司已取得香港證監會4號及9號牌的升級，積極探索虛擬資產業務。

關於星路金融科技控股有限公司

星路金融科技控股有限公司及其子公司統稱「星路科技」，是復星財富控股自主孵化的AI驅動全球一站式Web5財富科技平台，為各類金融機構提供全面的財富管理產品和科技解決方案，涵蓋現金管理、公募基金、私募基金、結構性產品、債券、保險及虛擬資產等全品類的財富管理產品。星路科技在亞洲金融科技領域處於領先地位，自Web3浪潮初起，星路科技已專注提升連接實體與數字資產的能力，打造一站式現實世界資產（RWA）技術、發行、分銷平台，開拓財富管理行業全新增長路徑。

The US government has begun the approval process for Nvidia (NVDA.US) to export its H200 chips to China, Reuters quoted sources as saying.

The US Department of Commerce has submitted the chip export license application to the State Department, Department of Energy and Department of Defense for review.

It is believed that these departments have 30 days to conduct their evaluations, and US President Donald Trump will have the right of final decision.
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AASTOCKS Financial News
Website: www.aastocks.com

As the US inflation rate for November unexpectedly fell to 2.7% and Micron (MU.US) delivered benign results, the US stock market was booming across the board Thursday.

The DJIA closed up 65 points or 0.1% at 47,951. The Nasdaq rose 313 points or 1.4% to close at 23,006. The S&P 500 climbed 53 points or 0.8%, closing at 6,774, ending a four-day losing streak.

Micron's 1FQ earnings beat expectations, lifting the company's stock price by 10% for the day. Other AI stocks were also on the rise. Oracle (ORCL.US) grew nearly 1%. AMD (AMD.US) and Nvidia (NVDA.US) advanced nearly 2%.
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AAStocks Financial News
Web Site: www.aastocks.com

To better meet the consumer demand for car purchases, and in accordance with Guangzhou's second round of auto consumption promotion activity implementation details for Guangdong Quality Products Purchase, as well as the overall arrangement of provincial and municipal budget funds, it has been decided to supplement the activity funds by RMB300 million, according to Nanfang+.

Of which, the subsidy standards of RMB4,000 and RMB5,000 each have a fund limit of RMB150 million, with 37,500 and 30,000 quotas respectively.
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AASTOCKS Financial News
Website: www.aastocks.com

American billionaire Elon Musk said at a company-wide meeting held at the headquarters of xAI in San Francisco last week that xAI will surpass all competitors if it can endure the next 2-3 years, according to foreign media reports.

Sources revealed that Musk hailed xAI's receipt of an annual fund of around USD20-30 billion and close ties with his other companies, edges that make it advantageous over other AI companies. Previously, Tesla (TSLA.US) had integrated the Grok model developed by xAI into its vehicles.

It is also said that Musk estimated xAI to achieve general AI that reaches or surpasses human intelligence within a few years, possibly as early as next year.
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AAStocks Financial News
Web Site: www.aastocks.com

Alphabet (GOOGL.US)'s Google is advancing a project codenamed TorchTPU, Reuters quoted sources as saying.

This initiative aims to make its TPU AI chips better suited for the world's most widely used AI software framework, PyTorch, ensuring full compatibility with customers who have already built their technology architecture based on PyTorch, with an effort to make its TPU a viable alternative to Nvidia (NVDA.US)'s GPU.

PyTorch is an open-source project supported by Meta Platforms (META.US), and is one of the most commonly used tools by AI model developers. The project consists of a set of pre-written code libraries and frameworks that automate many common tasks in developing AI software.
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AASTOCKS Financial News
Website: www.aastocks.com