Author: sHq_LoGiNz

BEIJING, Dec. 10, 2025 /PRNewswire/ — NaaS Technology Inc. (Nasdaq: NAAS) (“NaaS” or the “Company”), the first U.S.-listed EV charging service company in China, today announced that on December 9, 2025, it received written notice from the Listing Qualifications Department (the “Staff”) of Nasdaq Stock Market LLC (“Nasdaq”), stating that the Company regained compliance with the minimum market value of listed securities (“MVLS”) requirement, as set forth in Nasdaq Listing Rule 5550(b)(2) (the “Rule”) for continued listing on the Nasdaq Capital Market.

As previously reported on June 20, 2025, the Company was notified by the Staff on June 13, 2025 that it was not in compliance with the Rule because it failed to maintain a MVLS of at least $35 million for a period of 30 consecutive trading days. The Staff has determined that, as of December 8, the Company’s MVLS has been $35 million or greater for the last twenty consecutive business days. Accordingly, the Staff has confirmed that the Company has regained compliance with the Rule, and this matter is now closed.

About NaaS Technology Inc.

NaaS Technology Inc. is the first U.S. listed EV charging service company in China. The Company is a subsidiary of Newlinks Technology Limited, a leading energy digitalization group in China. The Company is one of the leading providers of new energy asset operation services. The Company utilizes advanced technology to intelligently match charging supply with demand, offering electric vehicle users a seamless, efficient, and smart charging experience. Furthermore, NaaS empowers charging stations and charging station operators to optimize their operations, driving greater efficiency and enhancing profitability.

Safe Harbor Statement

This press release contains statements of a forward-looking nature. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as “will,” “expects,” “believes,” “anticipates,” “intends,” “estimates” and similar statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry. All information provided in this press release is as of the date hereof, and the Company undertakes no obligation to update any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. 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: NaaS’ goals and strategies; its future business development, financial conditions and results of operations; its ability to continuously develop new technology, services and products and keep up with changes in the industries in which it operates; growth of China’s EV charging industry and EV charging service industry and NaaS’ future business development; demand for and market acceptance of NaaS’ products and services; NaaS’ ability to protect and enforce its intellectual property rights; NaaS’ ability to attract and retain qualified executives and personnel; the COVID-19 pandemic and the effects of government and other measures that have been or will be taken in connection therewith; U.S.-China trade war and its effect on NaaS’ operation, fluctuations of the RMB exchange rate, and NaaS’ ability to obtain adequate financing for its planned capital expenditure requirements; NaaS’ relationships with end-users, customers, suppliers and other business partners; competition in the industry; relevant government policies and regulations related to the industry; and fluctuations in general economic and business conditions in China and globally. Further information regarding these and other risks is included in NaaS’ filings with the SEC.

For investor and media inquiries, please contact:
Investor Relations
NaaS Technology Inc.
E-mail: ir@enaas.com
Media inquiries:
E-mail: pr@enaas.com

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SOURCE NaaS Technology Inc.

BEIJING, Dec. 10, 2025 /PRNewswire/ — NaaS Technology Inc. (Nasdaq: NAAS) (“NaaS” or the “Company”), the first U.S.-listed EV charging service company in China, today announced that on December 9, 2025, it received written notice from the Listing Qualifications Department (the “Staff”) of Nasdaq Stock Market LLC (“Nasdaq”), stating that the Company regained compliance with the minimum market value of listed securities (“MVLS”) requirement, as set forth in Nasdaq Listing Rule 5550(b)(2) (the “Rule”) for continued listing on the Nasdaq Capital Market.

As previously reported on June 20, 2025, the Company was notified by the Staff on June 13, 2025 that it was not in compliance with the Rule because it failed to maintain a MVLS of at least $35 million for a period of 30 consecutive trading days. The Staff has determined that, as of December 8, the Company’s MVLS has been $35 million or greater for the last twenty consecutive business days. Accordingly, the Staff has confirmed that the Company has regained compliance with the Rule, and this matter is now closed.

About NaaS Technology Inc.

NaaS Technology Inc. is the first U.S. listed EV charging service company in China. The Company is a subsidiary of Newlinks Technology Limited, a leading energy digitalization group in China. The Company is one of the leading providers of new energy asset operation services. The Company utilizes advanced technology to intelligently match charging supply with demand, offering electric vehicle users a seamless, efficient, and smart charging experience. Furthermore, NaaS empowers charging stations and charging station operators to optimize their operations, driving greater efficiency and enhancing profitability.

Safe Harbor Statement

This press release contains statements of a forward-looking nature. These statements are made under the “safe harbor” provisions of the U.S. Private Securities Litigation Reform Act of 1995. You can identify these forward-looking statements by terminology such as “will,” “expects,” “believes,” “anticipates,” “intends,” “estimates” and similar statements. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations, assumptions, estimates and projections about the Company and the industry. All information provided in this press release is as of the date hereof, and the Company undertakes no obligation to update any forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that its expectations will turn out to be correct, and investors are cautioned that actual results may differ materially from the anticipated results. 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: NaaS’ goals and strategies; its future business development, financial conditions and results of operations; its ability to continuously develop new technology, services and products and keep up with changes in the industries in which it operates; growth of China’s EV charging industry and EV charging service industry and NaaS’ future business development; demand for and market acceptance of NaaS’ products and services; NaaS’ ability to protect and enforce its intellectual property rights; NaaS’ ability to attract and retain qualified executives and personnel; the COVID-19 pandemic and the effects of government and other measures that have been or will be taken in connection therewith; U.S.-China trade war and its effect on NaaS’ operation, fluctuations of the RMB exchange rate, and NaaS’ ability to obtain adequate financing for its planned capital expenditure requirements; NaaS’ relationships with end-users, customers, suppliers and other business partners; competition in the industry; relevant government policies and regulations related to the industry; and fluctuations in general economic and business conditions in China and globally. Further information regarding these and other risks is included in NaaS’ filings with the SEC.

For investor and media inquiries, please contact:
Investor Relations
NaaS Technology Inc.
E-mail: ir@enaas.com
Media inquiries:
E-mail: pr@enaas.com

View original content:https://www.prnewswire.com/news-releases/naas-technology-inc-regains-compliance-with-nasdaq-minimum-market-value-of-listed-securities-requirement-302637833.html

SOURCE NaaS Technology Inc.

VANCOUVER, BC, Dec. 10, 2025 /PRNewswire/ – Thesis Gold Inc. (“Thesis” or the “Company”) (TSXV: TAU) (WKN: A3EP87) (OTCQX: THSGF) is pleased to announce that it has initiated the Environmental Assessment (“EA”) and permitting process for the 100%-owned Lawyers-Ranch Gold-Silver Project (“Lawyers-Ranch” or the “Project”) at both the provincial and federal levels. Concurrent submission of an Initial Project Description (“IPD”) and Engagement Plan (“EP”) to the British Columbia Environmental Assessment Office (“EAO”), and the IPD and a Plain Language Summary (“PLS”) to the Impact Assessment Agency of Canada (“IAAC”) marks the beginning of the permitting process, and an important milestone for Thesis and the Lawyers-Ranch Project.

The IPD outlines the Company’s plans to develop and operate the Lawyers-Ranch Project. Located approximately 450 kilometres (km) north-northwest of the City of Prince George, and 275 km north of the Town of Smithers, the Project partially overlaps with the traditional territories of the Kwadacha Nation, Tsay Keh Dene Nation, Takla Nation, and Tahltan Nation (the “Nations”).

Thesis is committed to meaningful Indigenous engagement and public participation throughout the EA and permitting processes. Since acquiring the Project in 2018, the Company has built strong, collaborative relationships with the Nations through agreements, co-design initiatives, and most recently, through direct equity ownership. Following the successful completion of the recent financing, Kwadacha Nation, Tsay Keh Dene Nation, and Takla Nation have become shareholders in Thesis, aligning their interests with the Project’s long-term success.

Dr. Ewan Webster, President & CEO commented, “The submission of the IPD marks a key milestone in advancing the Lawyers-Ranch Project through the permitting process and reflects our shared commitment to developing a project that delivers lasting benefits for all stakeholders. We look forward to continued collaboration with Indigenous partners, local communities, and government regulators as we advance the Project in accordance with the highest environmental and social standards. With both the provincial and federal governments placing a strong emphasis on improving permitting efficiency and recognizing the critical role of responsible resource development in B.C.’s economy, this is an ideal time for Thesis to be commencing this next phase of the process.”

On behalf of the Board of Directors,
Thesis Gold Inc.,

“Ewan Webster”

Ewan Webster Ph.D., P. Geo.
President, CEO, and Director

About Thesis Gold Inc.

Thesis Gold Inc. is a resource development company focused on unlocking the full potential of its 100%-owned Lawyers-Ranch Gold-Silver Project, located in British Columbia’s prolific Toodoggone Mining District. The recently published Prefeasibility Study outlines robust project economics, including a 54.4% after-tax IRR and an after-tax NPV5% of C$2.37 billion (at US$2,900/oz Au and US$35/oz Ag), underscoring the Project’s strong value-creation potential. The Company has commenced the Environmental Assessment Process and plans to initiate a Feasibility Study in 2026 to further advance and de-risk the Project. Through these milestones, Thesis Gold is working to elevate the Lawyers-Ranch Project to the forefront of global precious metals development.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

Cautionary Statement Regarding Forward-Looking Information

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the ongoing permitting process, plans to develop and operate the Lawyers-Ranch Project, Indigenous engagement and public participation throughout the EA and permitting processes, project development, lasting stakeholder benefits, collaboration with Indigenous partners and Project advancement. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market, and economic risks, uncertainties, and contingencies that may cause actual results, performance, or achievements to be materially different from those expressed or implied by forward-looking statements. In making the forward-looking statements, the Company has assumed it will be able to satisfy the requirements of the IPD, EP and PLS, has or will have adequate resources to support these applications including respecting those outlined in the IPD and will be able to ensure necessary associated compliance. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Other risks which could materially affect such forward-looking information include those with respect to delays to the submission of the IPD, EP and PLS as well as related approval processes including that approval may not be obtained when anticipated or at all, non-compliance, consultation, technical and data, social and stakeholder, financial and economic, operational and strategic, political and governance, climate and sustainability, development and operational delays including the availability of necessary funding and potential disruptions related to development, as well as the risk factors in the Company’s most recent annual management’s discussion and analysis, which is available on the Company’s profile on SEDAR+ at www.sedarplus.ca. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

View original content to download multimedia:https://www.prnewswire.com/news-releases/thesis-gold-commences-environmental-assessment-process-for-the-lawyers-ranch-project-302637391.html

SOURCE Thesis Gold Inc.

VANCOUVER, BC, Dec. 10, 2025 /PRNewswire/ – Thesis Gold Inc. (“Thesis” or the “Company”) (TSXV: TAU) (WKN: A3EP87) (OTCQX: THSGF) is pleased to announce that it has initiated the Environmental Assessment (“EA”) and permitting process for the 100%-owned Lawyers-Ranch Gold-Silver Project (“Lawyers-Ranch” or the “Project”) at both the provincial and federal levels. Concurrent submission of an Initial Project Description (“IPD”) and Engagement Plan (“EP”) to the British Columbia Environmental Assessment Office (“EAO”), and the IPD and a Plain Language Summary (“PLS”) to the Impact Assessment Agency of Canada (“IAAC”) marks the beginning of the permitting process, and an important milestone for Thesis and the Lawyers-Ranch Project.

The IPD outlines the Company’s plans to develop and operate the Lawyers-Ranch Project. Located approximately 450 kilometres (km) north-northwest of the City of Prince George, and 275 km north of the Town of Smithers, the Project partially overlaps with the traditional territories of the Kwadacha Nation, Tsay Keh Dene Nation, Takla Nation, and Tahltan Nation (the “Nations”).

Thesis is committed to meaningful Indigenous engagement and public participation throughout the EA and permitting processes. Since acquiring the Project in 2018, the Company has built strong, collaborative relationships with the Nations through agreements, co-design initiatives, and most recently, through direct equity ownership. Following the successful completion of the recent financing, Kwadacha Nation, Tsay Keh Dene Nation, and Takla Nation have become shareholders in Thesis, aligning their interests with the Project’s long-term success.

Dr. Ewan Webster, President & CEO commented, “The submission of the IPD marks a key milestone in advancing the Lawyers-Ranch Project through the permitting process and reflects our shared commitment to developing a project that delivers lasting benefits for all stakeholders. We look forward to continued collaboration with Indigenous partners, local communities, and government regulators as we advance the Project in accordance with the highest environmental and social standards. With both the provincial and federal governments placing a strong emphasis on improving permitting efficiency and recognizing the critical role of responsible resource development in B.C.’s economy, this is an ideal time for Thesis to be commencing this next phase of the process.”

On behalf of the Board of Directors,
Thesis Gold Inc.,

“Ewan Webster”

Ewan Webster Ph.D., P. Geo.
President, CEO, and Director

About Thesis Gold Inc.

Thesis Gold Inc. is a resource development company focused on unlocking the full potential of its 100%-owned Lawyers-Ranch Gold-Silver Project, located in British Columbia’s prolific Toodoggone Mining District. The recently published Prefeasibility Study outlines robust project economics, including a 54.4% after-tax IRR and an after-tax NPV5% of C$2.37 billion (at US$2,900/oz Au and US$35/oz Ag), underscoring the Project’s strong value-creation potential. The Company has commenced the Environmental Assessment Process and plans to initiate a Feasibility Study in 2026 to further advance and de-risk the Project. Through these milestones, Thesis Gold is working to elevate the Lawyers-Ranch Project to the forefront of global precious metals development.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

Cautionary Statement Regarding Forward-Looking Information

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the ongoing permitting process, plans to develop and operate the Lawyers-Ranch Project, Indigenous engagement and public participation throughout the EA and permitting processes, project development, lasting stakeholder benefits, collaboration with Indigenous partners and Project advancement. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market, and economic risks, uncertainties, and contingencies that may cause actual results, performance, or achievements to be materially different from those expressed or implied by forward-looking statements. In making the forward-looking statements, the Company has assumed it will be able to satisfy the requirements of the IPD, EP and PLS, has or will have adequate resources to support these applications including respecting those outlined in the IPD and will be able to ensure necessary associated compliance. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Other risks which could materially affect such forward-looking information include those with respect to delays to the submission of the IPD, EP and PLS as well as related approval processes including that approval may not be obtained when anticipated or at all, non-compliance, consultation, technical and data, social and stakeholder, financial and economic, operational and strategic, political and governance, climate and sustainability, development and operational delays including the availability of necessary funding and potential disruptions related to development, as well as the risk factors in the Company’s most recent annual management’s discussion and analysis, which is available on the Company’s profile on SEDAR+ at www.sedarplus.ca. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

View original content to download multimedia:https://www.prnewswire.com/news-releases/thesis-gold-commences-environmental-assessment-process-for-the-lawyers-ranch-project-302637391.html

SOURCE Thesis Gold Inc.

VANCOUVER, BC, Dec. 10, 2025 /PRNewswire/ – Thesis Gold Inc. (“Thesis” or the “Company”) (TSXV: TAU) (WKN: A3EP87) (OTCQX: THSGF) is pleased to announce that it has initiated the Environmental Assessment (“EA”) and permitting process for the 100%-owned Lawyers-Ranch Gold-Silver Project (“Lawyers-Ranch” or the “Project”) at both the provincial and federal levels. Concurrent submission of an Initial Project Description (“IPD”) and Engagement Plan (“EP”) to the British Columbia Environmental Assessment Office (“EAO”), and the IPD and a Plain Language Summary (“PLS”) to the Impact Assessment Agency of Canada (“IAAC”) marks the beginning of the permitting process, and an important milestone for Thesis and the Lawyers-Ranch Project.

The IPD outlines the Company’s plans to develop and operate the Lawyers-Ranch Project. Located approximately 450 kilometres (km) north-northwest of the City of Prince George, and 275 km north of the Town of Smithers, the Project partially overlaps with the traditional territories of the Kwadacha Nation, Tsay Keh Dene Nation, Takla Nation, and Tahltan Nation (the “Nations”).

Thesis is committed to meaningful Indigenous engagement and public participation throughout the EA and permitting processes. Since acquiring the Project in 2018, the Company has built strong, collaborative relationships with the Nations through agreements, co-design initiatives, and most recently, through direct equity ownership. Following the successful completion of the recent financing, Kwadacha Nation, Tsay Keh Dene Nation, and Takla Nation have become shareholders in Thesis, aligning their interests with the Project’s long-term success.

Dr. Ewan Webster, President & CEO commented, “The submission of the IPD marks a key milestone in advancing the Lawyers-Ranch Project through the permitting process and reflects our shared commitment to developing a project that delivers lasting benefits for all stakeholders. We look forward to continued collaboration with Indigenous partners, local communities, and government regulators as we advance the Project in accordance with the highest environmental and social standards. With both the provincial and federal governments placing a strong emphasis on improving permitting efficiency and recognizing the critical role of responsible resource development in B.C.’s economy, this is an ideal time for Thesis to be commencing this next phase of the process.”

On behalf of the Board of Directors,
Thesis Gold Inc.,

“Ewan Webster”

Ewan Webster Ph.D., P. Geo.
President, CEO, and Director

About Thesis Gold Inc.

Thesis Gold Inc. is a resource development company focused on unlocking the full potential of its 100%-owned Lawyers-Ranch Gold-Silver Project, located in British Columbia’s prolific Toodoggone Mining District. The recently published Prefeasibility Study outlines robust project economics, including a 54.4% after-tax IRR and an after-tax NPV5% of C$2.37 billion (at US$2,900/oz Au and US$35/oz Ag), underscoring the Project’s strong value-creation potential. The Company has commenced the Environmental Assessment Process and plans to initiate a Feasibility Study in 2026 to further advance and de-risk the Project. Through these milestones, Thesis Gold is working to elevate the Lawyers-Ranch Project to the forefront of global precious metals development.

Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this press release.

Cautionary Statement Regarding Forward-Looking Information

This press release contains “forward-looking information” within the meaning of applicable Canadian securities legislation. Forward-looking information includes, without limitation, statements regarding the ongoing permitting process, plans to develop and operate the Lawyers-Ranch Project, Indigenous engagement and public participation throughout the EA and permitting processes, project development, lasting stakeholder benefits, collaboration with Indigenous partners and Project advancement. Generally, forward-looking information can be identified by the use of forward-looking terminology such as “plans”, “expects” or “does not expect”, “is expected”, “budget”, “scheduled”, “estimates”, “forecasts”, “intends”, “anticipates” or “does not anticipate”, or “believes”, or variations of such words and phrases or state that certain actions, events or results “may”, “could”, “would”, “might” or “will be taken”, “occur” or “be achieved”. Forward-looking statements are necessarily based upon a number of assumptions that, while considered reasonable by management, are inherently subject to business, market, and economic risks, uncertainties, and contingencies that may cause actual results, performance, or achievements to be materially different from those expressed or implied by forward-looking statements. In making the forward-looking statements, the Company has assumed it will be able to satisfy the requirements of the IPD, EP and PLS, has or will have adequate resources to support these applications including respecting those outlined in the IPD and will be able to ensure necessary associated compliance. Although the Company has attempted to identify important factors that could cause actual results to differ materially from those contained in forward-looking information, there may be other factors that cause results not to be as anticipated, estimated, or intended. There can be no assurance that such information will prove to be accurate, as actual results and future events could differ materially from those anticipated in such statements. Accordingly, readers should not place undue reliance on forward-looking information. Other risks which could materially affect such forward-looking information include those with respect to delays to the submission of the IPD, EP and PLS as well as related approval processes including that approval may not be obtained when anticipated or at all, non-compliance, consultation, technical and data, social and stakeholder, financial and economic, operational and strategic, political and governance, climate and sustainability, development and operational delays including the availability of necessary funding and potential disruptions related to development, as well as the risk factors in the Company’s most recent annual management’s discussion and analysis, which is available on the Company’s profile on SEDAR+ at www.sedarplus.ca. The Company does not undertake to update any forward-looking information, except in accordance with applicable securities laws.

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SOURCE Thesis Gold Inc.

NINGBO, China, Dec. 10, 2025 /PRNewswire/ — Recently, Risen Energy announced the signing of a 3 GWh energy storage system cooperation MOU with WEG, a leading Brazilian industrial giant. Pursuant to the MOU, Risen Energy will supply WEG with advanced utility-scale and commercial & industrial ESS from 2026 to 2028, supporting global energy structure optimization and the green, low-carbon transition.

Founded in 1961 and headquartered in Santa Catarina, Brazil, WEG is one of Latin America’s largest electrical equipment manufacturers, with operations spanning over 140 countries worldwide. The company has deep expertise in renewable energy, industrial energy efficiency, and smart grid technologies. In recent years, WEG has actively expanded into energy storage and integrated energy services, aiming to deliver efficient, reliable, and sustainable energy infrastructure across global markets.

Risen Storage has been dedicated to the lithium battery industry for 20 years, integrating R&D, manufacturing, sales, and services. Its products include PCS, BMS, EMS, C&I, and Utility-Scale ESS. Notably, its Energy Storage Battery System was the first in China to achieve UL9540A certification in both the U.S. and China. Through the deep integration of 4S technology, Risen Storage has developed self-engineered BESS solutions for all applications. These solutions are applicable in renewable energy integration, peak shaving, frequency regulation, demand response, backup power, microgrids, and other applications. The company remains committed to transforming the energy landscape through technological innovation.

This strategic partnership not only marks a critical step forward for Risen Energy and WEG in building next-generation power systems but also represents a truly global collaboration. Risen Energy will supply ESS for WEG’s projects across multiple regions—including South America, North America, Europe, Africa, and Australia—signaling an upgrade from regional cooperation to a comprehensive global strategic alignment. In fact, Risen Energy and WEG have a long-standing partnership in the photovoltaic sector. This expanded collaboration into energy storage underscores WEG’s renewed confidence in Risen Energy’s technical capabilities and global delivery track record.

From bringing stable electricity to remote villages in South America and lighting up thousands of households, to enabling energy transitions for industrial parks in North America; from supporting residential solar-plus-storage systems in Europe to empowering off-grid communities in Africa with green microgrids—Risen Energy’s business now spans more than 90 countries and regions worldwide. Moving forward, Risen Energy will continue to partner with WEG and other global collaborators, leveraging its safe, reliable, and fully in-house developed solar-plus-storage technologies to deploy green energy solutions across diverse regions and applications—accelerating the global transition toward a more efficient, resilient, and sustainable energy system.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/3gwh-risen-energy-secures-new-global-energy-storage-deal-302637709.html

SOURCE Risen Energy Co., Ltd.

NINGBO, China, Dec. 10, 2025 /PRNewswire/ — Recently, Risen Energy announced the signing of a 3 GWh energy storage system cooperation MOU with WEG, a leading Brazilian industrial giant. Pursuant to the MOU, Risen Energy will supply WEG with advanced utility-scale and commercial & industrial ESS from 2026 to 2028, supporting global energy structure optimization and the green, low-carbon transition.

Founded in 1961 and headquartered in Santa Catarina, Brazil, WEG is one of Latin America’s largest electrical equipment manufacturers, with operations spanning over 140 countries worldwide. The company has deep expertise in renewable energy, industrial energy efficiency, and smart grid technologies. In recent years, WEG has actively expanded into energy storage and integrated energy services, aiming to deliver efficient, reliable, and sustainable energy infrastructure across global markets.

Risen Storage has been dedicated to the lithium battery industry for 20 years, integrating R&D, manufacturing, sales, and services. Its products include PCS, BMS, EMS, C&I, and Utility-Scale ESS. Notably, its Energy Storage Battery System was the first in China to achieve UL9540A certification in both the U.S. and China. Through the deep integration of 4S technology, Risen Storage has developed self-engineered BESS solutions for all applications. These solutions are applicable in renewable energy integration, peak shaving, frequency regulation, demand response, backup power, microgrids, and other applications. The company remains committed to transforming the energy landscape through technological innovation.

This strategic partnership not only marks a critical step forward for Risen Energy and WEG in building next-generation power systems but also represents a truly global collaboration. Risen Energy will supply ESS for WEG’s projects across multiple regions—including South America, North America, Europe, Africa, and Australia—signaling an upgrade from regional cooperation to a comprehensive global strategic alignment. In fact, Risen Energy and WEG have a long-standing partnership in the photovoltaic sector. This expanded collaboration into energy storage underscores WEG’s renewed confidence in Risen Energy’s technical capabilities and global delivery track record.

From bringing stable electricity to remote villages in South America and lighting up thousands of households, to enabling energy transitions for industrial parks in North America; from supporting residential solar-plus-storage systems in Europe to empowering off-grid communities in Africa with green microgrids—Risen Energy’s business now spans more than 90 countries and regions worldwide. Moving forward, Risen Energy will continue to partner with WEG and other global collaborators, leveraging its safe, reliable, and fully in-house developed solar-plus-storage technologies to deploy green energy solutions across diverse regions and applications—accelerating the global transition toward a more efficient, resilient, and sustainable energy system.

 

View original content to download multimedia:https://www.prnewswire.com/news-releases/3gwh-risen-energy-secures-new-global-energy-storage-deal-302637709.html

SOURCE Risen Energy Co., Ltd.

Key News Highlights:

• Mowilex’s fourth consecutive recognition as Indonesia’s Best Managed Companies elevated it as a Gold Standard winner, reinforcing its commitment to best-in-class management and performance, aligning strong leadership with innovation and long-term value creation.
• Mowilex views this recognition as a constant reminder to continue striving for excellence, and as an achievement to be shared with everyone who has been a part of Mowilex’s journey.

JAKARTA, Indonesia, Dec. 9, 2025 /PRNewswire/ — PT Mowilex Indonesia has once again been honored by Deloitte as one of Indonesia’s Best Managed Companies, marking its fourth consecutive year receiving this recognition. This also means that Mowilex has now been elevated to a Gold Standard winner, underscoring its enduring commitment to best-in-class management and performance. In Indonesia, only three companies were conferred with the Gold Standard recognition this year, and Mowilex is proud to be among them.

The Best Managed Companies program is widely regarded as a benchmark of organizational excellence for leading companies around the world.

“As a Best Managed Companies award winner, PT Mowilex Indonesia has demonstrated itself as a leading private enterprise in Indonesia—driving sustainable growth, fostering innovation, and delivering meaningful impact for its customers and employees. This recognition is a testament to excellence, underscoring PT Mowilex Indonesia’s leadership and strategic vision. We look forward to witnessing their continued success and growth in Indonesia and on the global stage,” said DIONISIUS Damijanto, Best Managed Companies Leader, Deloitte Indonesia.

Mowilex emphasized that this recognition serves as a reminder to stay grounded and continue striving for excellence. “We are an independent challenger in an industry dominated by large multinationals and a handful of very well-run local players. Each year, Deloitte’s process challenges us with rigorous reviews and tough questions. Rather than taking this recognition as validation, we treat it as a test — asking whether our strategies and tactics would still hold up under such scrutiny,” said Mowilex CEO, Niko Safavi.

Winners are assessed against a comprehensive framework with four pillars shaped by more than 30 years of Deloitte’s global benchmarking, namely: strategy, culture and commitment, capabilities and innovation, governance and financials. This framework encourages companies to align strong leadership with innovation and long-term value creation.

Mowilex also highlighted that the recognition is not about individual leadership alone. “This is a management award that belongs to our managers and employees. It’s their discipline, innovation, and everyday decisions that shape PT Mowilex Indonesia into what it is today. We proudly share this Gold Standard achievement with everyone who has been part of our journey,” said Niko Safavi.

About PT Mowilex Indonesia

PT Mowilex Indonesia , a subsidiary of Asia Coatings Enterprises, Pte. Ltd., is a leading producer of premium paints and coatings with a reputation for quality and strong brand loyalty. The company is Indonesia’s only certified carbon neutral paint manufacturer, maintaining that status for six consecutive years, and offers a wide range of low- and zero-VOC products. In 2025, Mowilex was recognized by Deloitte as one of Indonesia’s Best Managed Companies for the fourth consecutive year, becoming a Gold Standard winner.

About Best Managed Companies

Best Managed Companies is a global awards program that recognises privately held companies for their organisational excellence, business success, and entrepreneurial spirit.

The program offers a robust framework for management teams to evaluate their strategies, strengthen operations, and benchmark themselves against the top-performing private companies worldwide.

Established in Canada in 1993, Best Managed Companies has since expanded to more than 45 countries across Asia Pacific, the Americas, Europe, and the Middle East, with plans to launch in Africa. Today, its global network comprises over 1,700 outstanding companies that come together as a community to build alliances, exchange knowledge, and share best practices.

In 2025, the Best Managed Companies awards program marks five years in Southeast Asia, with a community of winners in Indonesia, Malaysia, Singapore, Thailand and Vietnam.

For more information on the awards program, visit the Indonesia’s Best Managed Companies website.

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SOURCE PT Mowilex Indonesia

NEW YORK, Dec. 9, 2025 /PRNewswire/ — A report by Asian Women Development Plan International: 

A new research report titled “Changes in Federal Workforce Policy and Their Implications for Women and Minority Employees” has been released examining how recent federal workforce changes are affecting women and minority groups across the United States. The report analyzes employment challenges following the January 2025 issuance of Executive Order 14173, which dismantled federal diversity, equity, inclusion, and accessibility (DEIA) programs.

According to the report, while recent federal employee surveys showed improving engagement and job satisfaction through mid 2024, workforce experts and employee advocates have warned that the 2025 rollback of DEI initiatives and proposed workforce reductions could increase turnover risks for minority employees. Similar to private corporations that reported being worse off after abandoning diversity programs, Surveys and federal workforce reports indicate increased concerns about discrimination among federal employees in recent years, alongside a nationwide rise in EEOC discrimination charges, which grew by more than nine percent in 2024. Recent national surveys show that a clear majority of Asian American and Pacific Islander adults oppose eliminating federal agencies and cutting federal DEI programs, recognizing that minority communities rely heavily on government services and civil rights protections.

The report traces U.S. diversity policy back to Kennedy’s 1961 Affirmative Action directive and Biden’s 2021 DEIA initiative, noting that President Trump’s 2025 executive order has been widely viewed as a significant shift from prior federal diversity efforts. While recent federal data indicate rising minority and female participation, analysis of Office of Personnel Management FedScope data shows that, as of 2024, people of color make up about 41 percent of the federal workforce and women about 46 percent, yet deep inequalities persist. White males still comprise nearly half of Senior Executive Service (SES) members, and women account for only about one third of the most senior roles. Gender based pay gaps are also significantly larger among older federal employees, with EEOC research showing that age related differences alone can contribute more than 10,000 dollars annually to the gap for workers age forty and over, and women facing substantially wider disparities than men in similar roles. At the intersection of race and gender, disparities appear more pronounced. Black and Hispanic women face systemic barriers to promotion and significantly lower pay than both white men and women, despite comparable qualifications. Hispanic women experience the steepest decline in representation at higher grades. While institutional reforms have improved representation, existing disparities in advancement opportunities remain evident across demographic groups.

The report also highlights that frequent institutional disruptions, reclassifications, and administrative variability have contributed to uncertainty among employees, particularly within minority groups. Although the U.S. federal government has made notable progress over the past decades in advancing Diversity, Equity, Inclusion, and Accessibility (DEIA), the politicization of the civil service and the cyclical reversal of policy that results from changes in administration continuously impose challenges on minority groups. Research demonstrates that frequent institutional disruptions and job reclassifications correlate with reduced trust and lower willingness to remain in service among minority employees, who often connect career development concerns to systemic instability. The discontinuity further amplifies the structural disadvantages faced by minority civil servants in career advancement.

Citing findings from the MissionSquare Research Institute, the report notes that more than half of state and local government workers have considered leaving their jobs, with younger and Black employees especially likely to look elsewhere. In workplaces where employees do not experience inclusive or multicultural support, minority and female staff report lower trust and higher turnover intentions. One survey of prospective state government workers described a deep sense of uncertainty during lengthy recruitment and funding approval processes.

Reference: Changes in Federal Workforce Policy and Their Implications for Women and Minority Employees 

View original content:https://www.prnewswire.com/news-releases/changes-in-federal-workforce-policy-and-their-implications-for-women-and-minority-employees-302636338.html

SOURCE Asian Women Development Plan International