Month: July 2025

GUIYANG, China, July 15, 2025 /PRNewswire/ — Full Truck Alliance Co. Ltd. (“FTA” or the “Company”) (NYSE: YMM), a leading digital freight platform, today announced the release of its 2024 Environmental, Social and Governance (“ESG”) report. The report highlights FTA’s ongoing efforts to integrate sustainability into its core strategies and operations, underscoring the Company’s progress in strengthening its ESG infrastructure and creating enduring value for stakeholders.

Mr. Peter Hui Zhang, Founder, Chairman, and Chief Executive Officer of FTA, commented, “In 2024, we executed on our ESG priorities with focus and discipline, leveraging emerging technologies such as AI, big data and cloud computing to drive operational efficiency and accelerate innovation across our platform. Amid a dynamic market backdrop, we remained committed to our long-term strategy of using technology to support sustainable growth. Our strong technological foundation and culture of innovation position us well to scale efficiency, deepen our digital capabilities and move the freight logistics industry toward a greener future.”

Highlights of FTA’s 2024 ESG Achievements:

Advancing Green Freight Operations

In 2024, FTA addressed the pressing challenge of carbon emissions from road transportation by leveraging intelligent freight-matching technology to optimize vehicle dispatch and reduce inefficiencies associated with “Empty Hauling, Empty Loads, and Empty Waiting” (“3E”). The platform’s 3E rate decreased from 38.97% in 2020 to 34.92% in 2024, contributing to an estimated 32 million tCO₂e in carbon reductions and generating approximately RMB83 billion in economic value.

Cultivating a Safer, Smarter Freight Ecosystem

FTA strengthened freight safety and operational standards through a three‑tier management system, rapid‑response protocols, and stricter controls on hazardous materials and illicit activity. These measures resulted in a 100 % complaint resolution rate and a 90.35 % customer satisfaction rate following complaint handling^[1]. To further support truckers, the Company launched 12 safety education courses, attracting 780,000 participants in 2024, bolstered platform governance and expanded access to legal assistance. A new homepage cargo-recommendation tool also helped reduce average empty-haul distances by 12.25 km per order, significantly improving freight matching efficiency.

Empowering Talent for Sustainable Growth

FTA views employee development as a cornerstone of sustainable corporate growth. In 2024, the Company strengthened its end-to-end talent development framework, expanded employee benefits, and established an open communication platform to foster a respectful and inclusive workplace culture. Notably, an internal employee satisfaction survey, covering 78% of its full-time workforce, yielded an average score of 4.52 out of 5, reflecting year-over-year improvement and ongoing progress in building a more engaged, empowered and satisfied workforce.

Strengthening Governance for Sustainable Value Creation

FTA considers strong governance essential to its ability to create lasting, long-term value. In 2024, the Company reinforced its modern corporate governance framework with an emphasis on data security and privacy protection. Core operational systems achieved Level III Information Security Protection Certification, and no major data breaches were reported. All employees completed annual business ethics and compliance training, achieving a 100% participation and pass rate. FTA strengthened its risk management capabilities by implementing institutional safeguards, adopting advanced technologies and conducting internal audit oversight. These efforts highlight FTA’s commitment to transparent, accountable and resilient governance practices.

For more information on FTA’s sustainability initiatives and to access the full report in English, please visit the ESG section of the Company’s investor relations website at ir.fulltruckalliance.com.

[1] Complaint resolution rate = Total complaints resolved and responded to in the year / Total customer complaints received. Customer satisfaction rate following complaint handling is based only on complaints filed in December 2024.

About Full Truck Alliance Co. Ltd.

Full Truck Alliance Co. Ltd. (NYSE: YMM) is a leading digital freight platform connecting shippers with truckers to facilitate shipments across distance ranges, cargo weights and types. The Company provides a range of freight matching services, including freight listing, freight brokerage and transaction services. The Company also provides a range of value-added services that cater to the various needs of shippers and truckers, such as financial institutions, highway authorities, and gas station operators. With a mission to empower enterprises with greater logistics competitiveness, the Company is shaping the future of logistics with technology and aspires to revolutionize logistics, improve efficiency across the value chain and reduce its carbon footprint for our planet. For more information, please visit ir.fulltruckalliance.com.

Safe Harbor Statement 

This press release contains statements that may constitute “forward-looking” statements, which are made pursuant to the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as “may,” “will,” “expect,” “anticipate,” “aim,” “estimate,” “intend,” “plan,” “believe,” “potential,” “continue,” “is/are likely to,” and similar statements. Statements that are not historical facts, including statements about the Company’s beliefs, plans, and expectations, are forward-looking statements. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: FTA’s goal and strategies; FTA’s expansion plans; FTA’s future business development, financial condition and results of operations; expected changes in FTA’s revenues, costs or expenses; industry landscape of, and trends in, China’s road transportation market; competition in FTA’s industry; FTA’s expectations regarding demand for, and market acceptance of, its services; FTA’s expectations regarding its relationships with shippers, truckers and other ecosystem participants; FTA’s ability to protect its systems and infrastructures from cyber-attacks; PRC laws, regulations, and policies relating to the road transportation market, as well as general regulatory environment in which FTA operates in China; the results of regulatory review and the duration and impact of any regulatory action taken against FTA; the impact of health epidemics, extreme weather conditions and production constraints brought by electricity rationing measures; general economic and business condition; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in the Company’s filings with the SEC. All information provided in this press release is as of the date of this press release, and the Company does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

For investor and media inquiries, please contact:

In China:

Full Truck Alliance Co. Ltd.
Mao Mao
E-mail: IR@amh-group.com

Piacente Financial Communications
Hui Fan
Tel: +86-10-6508-0677
E-mail: FTA@thepiacentegroup.com

In the United States:

Piacente Financial Communications
Brandi Piacente
Tel: +1-212-481-2050
E-mail: FTA@thepiacentegroup.com

 

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SOURCE Full Truck Alliance Co. Ltd.

Collaboration aims to bolster the renewable energy company’s people-centred approach, elevating the employee experience and fostering operational efficiency

LONDON, July 15, 2025 /PRNewswire/ — Cognizant (Nasdaq: CTSH) has today announced a collaboration with SmartestEnergy, the energy company helping Britain’s businesses navigate the energy transition, to transform its employee support services and enable scalable growth through a seamless omni-channel experience.

As part of the alliance, Cognizant will transform the first and second-line IT support functions of SmartestEnergy’s internal helpdesk. This initiative is designed to enhance the employee experience, accelerate service responsiveness, and implement a shift-left strategy to improve issue resolution.

Through the omni-channel approach, Cognizant aims to help SmartestEnergy increase chat channel adoption and streamline service request processes to speed up support turnaround times, improve the CSAT response rate, and decrease the user-to-ticket ratio. By reducing support backlogs and implementing zero-touch device provisioning and management capabilities, the collaboration focuses on boosting the productivity of employees and freeing support staff to focus on more complex issues.

Additionally, Cognizant will conduct a comprehensive study of SmartestEnergy’s current business and technology footprint to explore how Gen AI solutions, including User AI and Voice AI, could be implemented into the business’s operations to accelerate information discovery and optimise decision-making aligned with its strategic priorities and policies.

“SmartestEnergy has selected Cognizant to transform our employee support services due to the team’s commitment to helping us realise our people-powered mission,” said Claire Talbot, Global VP of IT at SmartestEnergy. “We are in a position of growth as we celebrate our 25^th anniversary in the UK this year, but our plans for global expansion in the US, Australia, and into further European geographies require having the right strategic partner in place.”

“This collaboration with Cognizant will help us provide our employees with the tools they need to manage internal customer requests more effectively, so they can continue to play a vital role in ensuring our customers can navigate the energy transition towards net zero with confidence and clarity.”

“SmartestEnergy is a forward-thinking leader in the renewable energy space, and we’re proud to support its mission to drive the net zero transition,” said Rohit Gupta, UK&I Managing Director at Cognizant. “We look forward to enabling SmartestEnergy’s strategic programmes and improving its IT operations and employee support capabilities as part of this initiative.”

About SmartestEnergy

SmartestEnergy is a people-powered energy company, empowering customers, generators, and partners to get to net zero. We know the journey to 100% renewable energy is complex, because everyone is at different stages with unique needs. That’s why our model is flexible, and our innovative retail and trading solutions are realistic. As a growing community, we can make the system fairer and more powerful. We can better show the realities and rewards of switching from fossil fuels to clean energy. Connect generators to customer demand. Accelerate the market. Create jobs. And champion greener, smarter energy for generations. SmartestEnergy, empowering a greener generation.

About Cognizant

Cognizant (Nasdaq-100: CTSH) engineers modern businesses. We help our clients modernize technology, reimagine processes and transform experiences so they can stay ahead in our fast-changing world. Together, we’re improving everyday life.
See how at www.cognizant.com or @cognizant.

For more information, contact: GlobalPR@cognizant.com

 

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SOURCE Cognizant Technology Solutions

SHANGHAI, July 15, 2025 /PRNewswire/ — With the building industry accelerating the digital and low-carbon transformation, the 4^th Midea Building Tech. TRUE Conference (“TRUE Conference”), took place from July 2 to 3 in Shanghai.

Focusing on the forefront of smart buildings and sustainable development, the TRUE Conference has attracted over 300 industry leaders and over 10,000 participants in the past three years, facilitating numerous technical collaborations in the building sector.

Themed “TRUE Evolution: Smart Building, Green Future,” this year’s conference convened more than 50 global industry leaders and experts to share their vision and further drive the evolution of the industry through the main forum, panel discussions, product launches and eco-exhibitions. The event attracted approximately 2,000 partners from the building sector ecosystem.

During the main forum, experts shared insights on advancing green and low-carbon development. Discussions highlighted the need to build a new architectural energy system to support high-quality energy development, alongside an innovative concept of synergistic convergence between green buildings and financial ecosystems to promote sustainable financing solutions. Practical experiences in enhancing energy efficiency and implementing urban decarbonization strategies were presented, drawing from international case studies.

In addition, Midea Building Technologies (“MBT”) introduced five innovative solutions at the conference, spanning its key business areas including HVAC, smart elevators, building automation, and energy management. The Midea V9 VRF overcomes industry challenges including cooling efficiency degradation in extreme temperatures, the need for additional inverters in photovoltaic integration, and energy waste from unmonitored air conditioning usage. In the large-scale chillers sector, Midea leverages its core “MAGLEV+” technology to achieve comprehensive breakthroughs spanning from refrigeration to industrial energy supply. This drives the energy field’s transition from single-equipment upgrades to system-level transformation.

Meanwhile, Kermi unveiled its intelligent residential HVAC+E Solution, creating more comfortable, intelligent, and sustainable living environments. LINVOL launched its next-generation residential elevator technology and a full-scenario solution for cargo lifts, ensuring every journey achieves better arrivals.

“MBT has established benchmark projects across smart campuses, intelligent healthcare facilities, advanced manufacturing plants, and digital rail transit systems,” said Peter Guan, Vice President of Midea Group and President of Midea Building Tech. “Aiming to become our customers’ Smart Building Partner, we continuously enhance capabilities in digitalization, automated controls, system design, and engineering delivery, all meeting low-carbon and intelligent requirements. “

For more information, please visit mbt.midea.com/global

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SOURCE Midea Building Technology

FORNEBU, Norway, July 15, 2025 /PRNewswire/ — Aker Horizons ASA (OSE: “AKH”), a developer of green energy and industry, today announced results for the first half of 2025.

In the first half of 2025, Aker Horizons announced structural changes to the group. On 9 May 2025, Aker Horizons announced a proposed merger of its subsidiary Aker Horizons Holding with Aker MergerCo, a subsidiary of Aker ASA, against consideration in the form of shares in Aker ASA and cash. Aker Horizons Holding encompasses all business activities of the Aker Horizons group, including its shareholding in Aker Carbon Capture ASA (ACC), the investments in Mainstream Renewable Power and SuperNode, and the properties in Narvik. On the same day, ACC announced the sale of its 20 percent ownership interest in SLB Capturi to a subsidiary of Aker ASA. The independent transactions are the outcome of a comprehensive strategic review of alternatives for a refinancing of Aker Horizons. The ACC transaction closed on 14 May 2025. The Aker Horizons merger is expected to be completed during August 2025. 

Shareholders in AKH (other than Aker Capital) will upon completion of the merger receive merger consideration in the form of NOK 0.267963 in cash and 0.001898 shares in Aker ASA for each share owned in AKH. 

After completion of the merger, AKH will have a cash position of approximately NOK 20 million, convertible debt and a corresponding receivable from Aker MergerCo of NOK 1.6 billion and remain listed on the Oslo Stock Exchange. Since the merger is between Aker Horizons Holding and Aker MergerCo, shareholders in AKH will retain their shares in AKH following completion of the merger. The Board will work on defining AKH’s future strategy and structure following completion of the merger and will revert with an update once the Board has concluded in this respect. 

Consolidated net loss from continuing operations in H1 2025 was NOK 338 million, mainly related to interest cost and loss on foreign exchange hedges in the period.

The business to be merged with Aker is presented as discontinued operations and held-for-sale in the H1 2025 accounts. Consolidated net loss from discontinued operations in H1 2025 was NOK 1,863 million and includes certain non-recurring items, such as a loss of NOK 263 million related to ACC’s sale of the remaining 20 percent shareholding in SLB Capturi AS and write-down of certain offshore wind assets in Mainstream of NOK 466 million as a result of the decision to perform an accelerated exit from offshore wind projects where this is deemed commercially beneficial.  

The half-year 2025 report is attached.

For further information, please contact:
Jonas Gamre, Investor Relations, tel: +47 97 11 82 92, email: jonas.gamre@akerhorizons.com

This information is considered to be inside information pursuant to the EU Market Abuse Regulation and is subject to the disclosure requirements in Regulation EU 596/2014 and the Norwegian Securities Trading Act § 5-12. This stock exchange announcement was published by Mats Ektvedt, Partner in Corporate Communications, on 15 July 2025 at 07:00 CET.

 

This information was brought to you by Cision http://news.cision.com

https://news.cision.com/aker-horizons/r/aker-horizons-asa–half-year-results-2025,c4207068

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SOURCE Aker Horizons