HONG KONG, Aug. 21, 2025 (GLOBE NEWSWIRE) -- Nano Labs Ltd (Nasdaq: NA) (“we,” the “Company” or “Nano Labs”), a leading Web 3.0 infrastructure and product solution provider, announced that it has entered into an At The Market Offering Agreement (the “Sales Agreement”) with Maxim Group LLC as sole sales agent to sell its shares of Class A Ordinary Shares par value $0.002 per share (the “Class A Ordinary Share” or the “Shares”), from time to time in an at the market offering (the “Offering”). Pursuant to the ...

Summary of Haixing Electric's Conference Call Company Overview - **Company**: Haixing Electric - **Date**: August 19, 2025 Key Points Financial Performance - Revenue decreased by 14.67% year-on-year to 1.923 billion yuan, while net profit fell by 25.74% to 395 million yuan [2][3][18] - Domestic market revenue declined by approximately 20%, primarily due to slow contract fulfillment [2][11] - Overseas market revenue decreased by about 10%, affected by project delays in Bangladesh and Africa, although Europe and Latin America saw growth [2][11][16] Business Development - **Smart Distribution**: - Focus on global layout and localized operations, with a central research institute established to accelerate product development [2][4] - Employee count increased from 2,600 to 3,100, with an additional 200 hires by June 2025 [4][21] - **New Energy**: - Significant growth in the first half of 2025, driven by increased demand for overseas commercial photovoltaic projects and microgrid solutions [2][8] - Collaboration with domestic EV manufacturers to expand charging station business [2][8][32] Market Trends - The bidding model reform in the distribution network sector is favorable for Haixing Electric, with successful bids totaling 149 million yuan for integrated products [2][12] - New business developments include establishing smart water meter production lines in Brazil and South Africa, with overseas contracts exceeding 100 million yuan [2][6] Strategic Initiatives - Establishment of an 800 million yuan industrial fund with CICC to invest in new energy, energy algorithms, IoT technologies, and smart manufacturing [4][17] - Transitioning from traditional manufacturing to a system solution provider, focusing on green electricity and clean water sectors [4][25][26] Future Outlook - Anticipated gradual revenue increase in the second half of 2025 from new energy business, despite current pressures from slow order fulfillment [9][15] - Continued focus on expanding overseas markets, particularly in regions like Indonesia, which has significant renewable energy plans [10][15] Challenges and Risks - The company faces intensified competition both domestically and internationally, necessitating proactive investments and structural optimization [3][11] - Delays in project deliveries in key markets like Bangladesh and Africa could impact revenue recovery [11][14][35] Operational Insights - The company’s inventory management is healthy, with a focus on production based on confirmed orders [19][20] - Increased operational costs due to hiring more sales and R&D personnel, which may take time to translate into revenue growth [21][22] Competitive Advantages - Haixing Electric's competitive edge lies in its differentiated strategy, extensive global presence, and strong system solution capabilities [24][26] - The company aims to leverage emerging technologies and market trends, such as Web 3.0, to enhance its service offerings and operational efficiency [27][28] Conclusion - Haixing Electric is navigating a challenging market environment with strategic investments and a focus on innovation, positioning itself for future growth in both domestic and international markets [15][25]

Core Viewpoint - Nano Labs Ltd is undergoing a strategic transformation in 2025, focusing on building a crypto-asset strategic reserve, primarily using BNB as its reserve asset, while also identifying new market opportunities [3][4][5]. Financial Summary - For the first half of 2025, the company reported net revenue of RMB 8.3 million (US$ 1.2 million), a decrease from RMB 24.7 million in the same period of 2024 [5][6]. - The net loss narrowed to RMB 11.8 million (US$ 1.6 million) compared to a net loss of RMB 59.1 million in the same period last year [5][15]. - The gross loss for the first half of 2025 was RMB 10.7 million (US$ 1.5 million), compared to a gross profit of RMB 30.1 thousand in the same period of 2024 [9]. Revenue and Cost Analysis - The cost of revenues was RMB 19.0 million (US$ 2.7 million) for the first half of 2025, down from RMB 24.7 million in the same period of 2024, primarily due to decreased sales volume and inventory write-downs [7]. - Total operating expenses decreased by 53.5% to RMB 27.3 million (US$ 3.8 million) for the first half of 2025, from RMB 58.7 million in the same period of 2024 [8]. Cryptocurrency Strategy - The company has accumulated over 128,000 BNB, viewing it as a leading cryptocurrency with long-term appreciation potential [4]. - A gain on the change in fair value of cryptocurrencies was recorded at RMB 48.6 million (US$ 6.8 million) for the first half of 2025, compared to nil in the same period of 2024 [9][13]. Shareholder Value - The basic and diluted loss per share was RMB 0.43 (US$ 0.06) for the first half of 2025, significantly improved from RMB 8.46 in the same period of 2024 [16][34]. - As of June 30, 2025, the company had cash and cash equivalents of RMB 363.4 million (US$ 50.8 million), a substantial increase from RMB 32.4 million as of December 31, 2024 [17]. Operational Insights - The company is committed to strengthening its cryptocurrency strategic reserve model and aims to deliver sustainable, long-term value to shareholders and partners [5]. - The strategic adjustment in research and development activities led to a significant decrease in R&D expenses by 89.1% to RMB 3.2 million (US$ 0.4 million) for the first half of 2025 [19]. Company Overview - Nano Labs Ltd is a leading Web 3.0 infrastructure and product solution provider, focusing on high throughput computing (HTC) and high performance computing (HPC) chips [26][27]. - The company has established an integrated platform covering multiple business verticals, including HTC and HPC solutions, while actively positioning itself in the crypto assets space [27].

香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負責，對其準確性或完整性亦不發表任何 聲明，並明確表示，概不對因本公告全部或任何部分內容而產生或因依賴該等內容而引致的任何損失承擔任何責任。 AINNOVATION TECHNOLOGY GROUP CO., LTD* 創新奇智科技集團股份有限公司 （於中華人民共和國註冊成立的股份有限公司） （股份代號：2121） 自願性公告 成立合營公司 此乃創新奇智科技集團股份有限公司（「本公司」或「創新奇智」）之自願性公告，旨在向本公司股東 （「股東」）及潛在投資者提供有關本公司最新發展之資料。 本公司董事會（「董事會」）欣然宣佈，於2025年8月14日，本公司以一家全資附屬公司與亨利加集 團有限公司（「亨利加」）的一家全資附屬公司共同成立了一家名為亨利加數鏈科技有限公司的合營公 司（「合營公司」），亨利加與本公司分別持有合營公司80%及20%的權益。合營公司將主要從事圍 繞金融服務、人工智能及區塊鏈應用等領域的業務，當中包括但不限於： – 1 – 1. 充分利用亨利加在金融服務領域豐富的行業經驗和服務網絡，以及創新奇智在人工智能方案落 地能力，建設面向 ...

Core Viewpoint - Trident Digital Tech Holdings Ltd is pursuing regulatory approvals for stablecoin operations in Africa to enhance financial inclusion and digital payments infrastructure through the adoption of Ripple USD (RLUSD) [1][3] Strategic Background - The company aims to raise up to US$500 million to establish one of the largest corporate XRP treasuries, leveraging staking mechanisms and integrating with the Ripple ecosystem [2] African Expansion for RLUSD - TDTH is extending its ambitions to secure stablecoin licenses for RLUSD in multiple African markets, which will improve cross-border payments and address local currency liquidity challenges [3] Why RLUSD in Africa Makes Sense - RLUSD has gained traction, reaching over US$500 million in circulating supply shortly after issuance [4] - There are ongoing innovations in stablecoin payments across Africa, including initiatives by Circle's USDC and Visa's pilot programs [4] Leadership Quote - The CEO emphasizes that pursuing stablecoin licenses and RLUSD adoption aligns with the mission to enable Web 3.0 transformations in emerging markets, reflecting the belief that blockchain-native assets can reshape financial infrastructure [5] Next Steps - TDTH is in discussions with regulatory authorities and local partners to understand licensing pathways, aiming for phased rollouts in pilot countries by mid-2026 [5] Company Overview - Trident Digital Tech Holdings is dedicated to digital transformation, particularly through its blockchain identity platform Tridentity, and has established itself as a trusted Web 3.0 infrastructure partner in emerging markets [6] About Trident - The company focuses on technology optimization and Web 3.0 activation, with a mission to connect organizations to secure digital infrastructure, particularly in Southern Africa and high-growth markets [7]

Core Viewpoint - Nano Labs Ltd, a leading provider of Web 3.0 infrastructure and product solutions, is set to report its unaudited financial results for the first half of 2025 on August 15, 2025, before the U.S. market opens [1]. Company Overview - Nano Labs Ltd specializes in the development of high throughput computing (HTC) chips and high performance computing (HPC) chips [5]. - The company has established a comprehensive flow processing unit (FPU) architecture that integrates features of both HTC and HPC [5]. - Nano Labs is actively involved in the digital assets space, using BNB as its primary reserve asset and holding mainstream digital currencies including BNB and BTC [5]. - The company has created an integrated platform that covers multiple business verticals, including HTC and HPC solutions [5]. Earnings Conference Call - An earnings conference call will be held on August 15, 2025, at 8:30 am U.S. Eastern Time to discuss the financial results [1]. - Participants can register for the call through a provided link and will receive a dial-in number and unique PIN upon registration [2][3]. - A live and archived webcast of the conference call will be available on the company's investor relations website [3].

Core Insights - Trident Digital Tech Holdings Ltd. is the Principal Partner of Singapore's National Day Parade 2025, promoting the Tridentity GO campaign to celebrate SG60 and connect local merchants with customers [2][8] Group 1: Tridentity GO Campaign - The Tridentity GO campaign is a nationwide digital initiative running from early July to the end of August, offering exclusive deals from over 70 local merchants across various sectors [3][5] - Users can collect digital "stamps" through activities such as logging into the app, answering quiz questions, and redeeming merchant deals, which can lead to prizes and a lucky draw [7][3] - As of mid-campaign, over 60 users have collected 60 stamps and claimed prizes, indicating strong engagement [4] Group 2: Supporting Local Businesses - A primary goal of the Tridentity GO campaign is to spotlight and support Singapore's local merchant community by driving traffic and increasing sales through exclusive SG60 deals [5] - The campaign integrates technology with community spirit, allowing Singaporeans to connect with their heritage and local businesses in a modern way [5][9] Group 3: Company Overview - Trident is focused on digital transformation and Web 3.0 activation, with its flagship product, Tridentity, being a blockchain-based identity platform for secure authentication [10] - The company aims to become a global leader in Web 3.0 enablement, particularly in high-growth markets [10]

Core Insights - Trident Digital Tech Holdings Ltd. is the Principal Partner of Singapore's National Day Parade 2025, promoting its blockchain-based identity platform, Tridentity, through a national campaign [1][2][5] Group 1: Tridentity GO Campaign - The Tridentity GO campaign is a nationwide digital initiative running from early July to the end of August, celebrating Singapore's 60th National Day with interactive experiences and exclusive deals from over 70 local merchants [3][4] - Users can collect digital "stamps" through the Tridentity app by engaging in activities such as logging in daily, answering quiz questions about Singapore's history, and redeeming special merchant deals [6][7] - The campaign aims to support local businesses by channeling traffic and boosting sales through SG60 exclusive deals, enhancing community engagement [4][8] Group 2: Company Overview - Trident is focused on digital transformation and Web 3.0 activation, with its flagship product, Tridentity, providing secure single-sign-on authentication across various industries [9] - The company's mission is to become a global leader in Web 3.0 enablement, particularly targeting high-growth markets in Southern Africa and beyond [9]

Management Outlines Multi-Pillar Roadmap to Provide Deeper Stakeholder InsightLAS VEGAS, Aug. 05, 2025 (GLOBE NEWSWIRE) -- Bullet Blockchain, Inc. (OTC: BULT) (“Bullet Blockchain” or the “Company”), the only U.S. company holding foundational patents for Bitcoin ATMs and one of only three publicly traded Bitcoin ATM network owner/operators, today announced a series of key strategic initiatives that management is pursuing to drive an aggressive expansion and align current and future stakeholders with the Comp ...

Core Viewpoint - 3 E Network Technology Group Limited has completed the first tranche of a three-tranche private offering, with plans to use part of the proceeds to purchase Bitcoin, aiming to enhance its cryptocurrency reserves and support growth in the Web 3.0 era [1][2]. Group 1: Offering Details - The offering involves the issuance of up to $7.4 million in aggregate principal amount of senior secured convertible notes and accompanying warrants to an institutional investor [2]. - The first tranche consists of $2.2 million in principal amount of notes and related warrants, which was issued in two installments and closed on July 8, 2025 [2]. Group 2: Company Overview - 3 E Network Technology Group Limited is a B2B IT business solutions provider, offering integrated software and hardware solutions primarily for property management and exhibition services [3]. - The company has expanded its software solutions to various sectors, including food establishments, real estate, exhibition and conferencing, and clean energy utilities [3]. - The business comprises two main portfolios: the software development portfolio and the exhibition and conference portfolio [3].