Los Angeles, Feb. 05, 2026 (GLOBE NEWSWIRE) -- Triller Group Inc (Nasdaq: ILLR; ILLRW) (“Triller” or the “Company”) today announced the appointment of Enrome LLP (“Enrome”) as the Company’s independent registered public accounting firm, effective immediately. The appointment was approved by the Audit Committee of Triller’s Board of Directors. Enrome, a PCAOB-registered firm with specialized expertise in audit and assurance services for public companies, is well-equipped to support the Company’s financial re ...

Policy Changes - Beijing has scrapped export tax rebates for solar energy products and reduced the rate for EV batteries from 9% to 6%, aiming to restore rational pricing and reduce trade frictions [3][4] - The Chinese government seeks to boost tax revenues by eliminating unnecessary incentives, as domestic manufacturers produce approximately 80% of the world's solar panels [4] - The move is intended to end irrational price competition in the sector, potentially stabilizing employment and tax revenue, although it may not fully satisfy Western governments due to remaining local subsidies [5] Company Performance - BYD has surpassed Tesla in NEV sales, achieving 2.26 million units sold compared to Tesla's 1.6 million, driven by a 145% increase in overseas sales while Tesla experienced an 8.6% decline [6] - BYD's strategy focuses on lower-priced vehicles, such as those priced around $8,000, which contrasts with Tesla's mid- to upper-end market focus [7] - Concerns arise regarding BYD's financial practices, including reliance on an internal "IOU system" that delays payments to suppliers, inflating its debt ratio to nearly 100% when accounting for these practices [8] Financial Transparency - The Chinese government has mandated BYD to dismantle its IOU system within two years, indicating concerns about the potential risks of sudden corrections in financial practices [9] - Historical precedents of financial opacity, such as Enron and Evergrande, highlight the risks associated with a lack of transparency in financial health, raising alarms for investors regarding BYD's practices [10]

This story was originally published on CFO.com. To receive daily news and insights, subscribe to our free daily CFO.com newsletter. Any business seeking external funding has to get comfortable sharing balance sheets, headcounts and other financial metrics with prospective investors. There’s not, of course, any such mandate to maintain that same level of financial transparency with employees, leaving a wide grey area for finance chiefs and other executives to navigate. For Wajeeha Ahmed, CFO of Boston-ba ...

Core Insights - Xtreme One Entertainment, Inc. has completed its audited financial statements for the years ended December 31, 2024, and 2023, marking a significant milestone in its strategic growth plan and enabling its uplisting to the OTCQB National Market [1][2] Financial and Market Position - The completion of the audit satisfies a key eligibility requirement for the OTCQB listing and supports a $25 million equity offering, emphasizing the company's commitment to financial transparency and long-term shareholder value [2] - The management believes this milestone enhances the company's public market profile, stock liquidity, and credibility with both institutional and retail investors [2] Strategic Growth and Future Plans - The company aims for a national stock exchange listing within 18 months, with the OTCQB listing application expected to be reviewed in January 2026 [3][4] - Xtreme One is focused on expanding its live event portfolio, developing athletic talent, and growing its global media presence to drive sustainable revenue growth [4] Company Background - Xtreme One Entertainment, Inc. is a diversified holding company involved in media, entertainment, live sports, and event marketing, with its subsidiary XFC Global, Inc. having produced over 50 professional MMA events since 2006 [5] - The company has reached tens of millions of fans through six nationally televised MMA events since acquiring XFC in 2023, with fights streamed on various media platforms [5]

Core Insights - Chilco River Holdings, Inc. is focusing on enhancing financial transparency and compliance by engaging Solutions Group Accounting to modernize its accounting infrastructure and regulatory systems [1][2] - The partnership aims to strengthen investor confidence, expand access to capital markets, and prepare for audit completion and uplisting initiatives [2][5] Company Strategy - Chilco River is entering a pivotal stage of expansion with strong early market traction in its luxury tequila, premium bourbon, and ready-to-drink (RTD) product lines [6] - The company has completed the acquisition of Excuse Wine & Spirits and is executing a multi-layered growth strategy that includes new product rollouts and expanded distribution channels [6] Financial and Compliance Initiatives - Solutions Group Accounting will assist with full-charge bookkeeping, standardized OTC Markets reporting, quarterly and annual disclosures, and PCAOB audit preparation [5] - The engagement includes fractional CFO leadership for budgeting, forecasting, and capital strategy, as well as strategic planning for a Reg A offering to facilitate future capital raises [5][6]

Core Insights - Buscar Company is progressing towards becoming a fully reporting company with the SEC and aims to uplist to the OTCQX Market, having filed its fiscal year financial statements for the period ended June 30, 2025 [1][4][5] - The company is collaborating with Barton CPA PLLC to complete its audit in compliance with SEC standards, enhancing investor confidence and market visibility [2][4] - Buscar's diversified portfolio includes operations in natural resources, sustainable technologies, and pharmaceuticals, with a focus on growth and shareholder value [5] Financial Reporting and Compliance - Buscar has successfully filed its fiscal year financial statements, demonstrating a commitment to transparency and regulatory compliance [1][4] - The ongoing audit process with Barton CPA PLLC is crucial for aligning with SEC standards and preparing for a Form 10 submission [2][4] Market Positioning and Strategy - The company aims to meet the stringent financial standards of the OTCQX Market to attract a broader investor base and enhance liquidity for shareholders [4] - Chairman and CEO Alexander Dekhtyar emphasizes the importance of financial transparency and governance in positioning Buscar as a trusted leader in its sectors [5] Company Overview - Buscar Company operates in diverse sectors, including gold mining through Eon Discovery Inc., biodegradable bioplastics via Terramer Inc., and pharmaceutical innovations through Armorgenix [5] - The company was established through a strategic evolution, including a reverse merger with Eon Discovery in 2020, focusing on innovation and diversification for growth [5]

Core Points - BlackRock, Inc. has notified Ageas that its shareholding has exceeded the legal threshold of 5%, currently standing at 7.78% as of July 1, 2025 [1] - The notification was due to the acquisition or disposal of control of an undertaking that holds a participating interest in Ageas [1] - Ageas is a Belgian international insurance group with a 200-year heritage, focusing on life and non-life insurance products, and operates primarily in Europe and Asia [4] Company Structure and Changes - Following the acquisition of HPS Investment Partners, BlackRock's group structure has changed, with BlackRock, Inc. contributing its equity interests in BlackRock Finance, Inc. and Global Infrastructure Management, LLC to a wholly owned subsidiary, BlackRock Saturn Subco, LLC [2] - The full chain of controlled undertakings through which BlackRock's holding is effectively held can be found on Ageas's investor website [1] Ageas Overview - Ageas operates successful insurance businesses in multiple countries including Belgium, the UK, Portugal, Türkiye, China, and several Southeast Asian nations, employing around 50,000 people [4] - The company reported annual inflows of EUR 18.5 billion in 2024, indicating a strong market presence [4]