Tag: PR Newswire

MEXICO CITY, Nov. 26, 2025 /PRNewswire/ — FIBRA Prologis (BMV: FIBRAPL 14), a leading owner and operator of Class A industrial real estate in Mexico, is pleased to announce that today it completed the offering of USD$500,000,000 (five hundred million) aggregate principal amount of 5.500% Senior Notes due 2035 (the “Notes”).

FIBRA Prologis intends to use the proceeds from the offering described above for general corporate purposes, which may include repaying borrowings under a term loan, a revolving credit facility, and the repayment of maturing secured debt.

FIBRA Prologis expects to list the Notes on the Singapore Exchange Securities Trading Limited (SGX-ST).

The Notes have not been, nor will they be, registered under the U.S. Securities Act of 1933, as amended (the “Securities Act”) or the securities laws of any other jurisdiction. The Notes were offered privately in the United States only to qualified institutional buyers in reliance on Rule 144A under the Securities Act, and outside the United States to non-U.S. persons pursuant to Regulation S under the Securities Act.

THIS ANNOUNCEMENT IS NEITHER AN OFFER TO SELL NOR A SOLICITATION TO BUY ANY SECURITIES IN MEXICO, THE UNITED STATES OR ANY OTHER JURISDICTION IN WHICH SUCH OFFER OR SOLICITATION WOULD BE UNLAWFUL. THE NOTES MAY NOT BE OFFERED OR SOLD PUBLICLY IN MEXICO WITHOUT THE PRIOR AUTHORIZATION OF THE MEXICAN NATIONAL BANKING AND SECURITIES COMMISSION (COMISIÓN NACIONAL BANCARIA Y DE VALORES, “CNBV”) IN ACCORDANCE WITH THE MEXICAN SECURITIES MARKET LAW (LEY DEL MERCADO DE VALORES) AND ALL APPLICABLE REGULATIONS THEREUNDER, AND THE DUE REGISTRATION OF THE NOTES IN THE NATIONAL REGISTRY OF SECURITIES (REGISTRO NACIONAL DE VALORES) MAINTAINED BY THE CNBV, EXCEPT THAT NOTES MAY BE OFFERED OR SOLD TO INSTITUTIONAL OR QUALIFIED INVESTORS IN MEXICO SOLELY PURSUANT TO THE PRIVATE PLACEMENT EXEMPTION SET FORTH IN ARTICLE 8 OF THE MEXICAN SECURITIES MARKET LAW (LEY DEL MERCADO DE VALORES) AND REGULATIONS THEREUNDER. ANY OFFERING OF NOTES WILL NOT BE REVIEWED OR AUTHORIZED BY THE CNBV, AND THE NOTES MAY NOT BE PUBLICLY DISTRIBUTED IN MEXICO. THE ACQUISITION OF NOTES BY ANY INVESTOR WHO IS A RESIDENT OF MEXICO WILL BE MADE UNDER SUCH INVESTOR’S OWN RESPONSIBILITY.

PROFILE OF FIBRA PROLOGIS

FIBRA Prologis is a leading owner and operator of Class-A industrial real estate in Mexico. As of September 30, 2025, the company’s portfolio comprised 515 Investment Properties, totaling 87.0 million square feet (8.1 million square meters). This includes 348 logistics and manufacturing facilities across 6 industrial core markets in Mexico, comprising 65.7 million square feet (6.1 million square meters) of Gross Leasing Area (GLA) and 167 buildings with 21.3 million square feet (2.0 million square meters) of non-strategic assets in other markets.

FORWARD-LOOKING STATEMENTS

The statements in this release that are not historical facts are forward-looking statements. These forward-looking statements are based on current expectations, estimates and projections about the industry and markets in which FIBRA Prologis operates, management’s beliefs and assumptions made by management. Such statements involve uncertainties that could significantly impact FIBRA Prologis financial results. Words such as “expects,” “anticipates,” “intends,” “plans,” “believes,” “seeks,” “estimates,” variations of such words and similar expressions are intended to identify such forward-looking statements, which generally are not historical in nature. All statements that address operating performance, events or developments that we expect or anticipate will occur in the future — including statements relating to the Offer, are forward-looking statements. These statements are not guarantees of future performance and involve certain risks, uncertainties and assumptions that are difficult to predict. Although we believe the expectations reflected in any forward-looking statements are based on reasonable assumptions, we can give no assurance that our expectations will be attained and therefore, actual outcomes and results may differ materially from what is expressed or forecasted in such forward-looking statements. Some of the factors that may affect outcomes and results include, but are not limited to: (i) national, international, regional and local economic climates, (ii) changes in financial markets, interest rates and foreign currency exchange rates, (iii) increased or unanticipated competition for our properties, (iv) risks associated with acquisitions, dispositions and development of properties, (v) maintenance of real estate investment trust (“FIBRA”) status and tax structuring, (vi) availability of financing and capital, the levels of debt that we maintain and our credit ratings, (vii) risks related to our investments (viii) environmental uncertainties, including risks of natural disasters, and (ix) those additional factors discussed in reports filed with the Mexican National Banking and Securities Commission (Comisión Nacional Bancaria y de Valores, the “CNBV”), and the Mexican Stock Exchange by FIBRA Prologis under the heading “Risk Factors.” FIBRA Prologis undertakes no duty to update any forward-looking statements appearing in this release. Neither the CNBV nor any other authority has approved or disapproved the content of the information of this release, or the accuracy, adequacy or truthfulness of the information contained herein.

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SOURCE FIBRA Prologis

Campaign Highlights Generosity and Commitment to Improving Lives

STAMFORD, Conn., Nov. 26, 2025 /PRNewswire/ — Philip Morris International’s U.S. businesses (“PMI U.S.”) today announced the launch of “Thanks for Giving,” a call to action inspiring Coloradans to recognize and support the charitable organizations and individuals working every day to build stronger communities in the Centennial State. As Americans pause to recognize Thanksgiving and #GivingTuesday, the Thanks for Giving campaign highlights the spirit of generosity that drives impact year-round, while celebrating the extraordinary service of charitable partners—from national nonprofits to local organizations working tirelessly in communities across the nation.

“#GivingTuesday started as a single day of goodwill, but the true impact comes when generosity and accountability with those investments becomes part of the everyday behavior,” said Marian Salzman, Senior Vice President, PMI U.S., who was a driving force behind creating GivingTuesday in 2012. “At PMI U.S., generosity isn’t limited to a season. It lives in the way our people show up all year long, offering their time, their ideas, their compassion, and their support to colleagues, communities, and causes that matter. Saying thank you is powerful. But living it—365 days a year—is even more meaningful.”

Since 2024, PMI U.S. has contributed nearly $800,000 to 24 organizations in Colorado, supporting communities in need and the company’s core giving pillars, including more than $690,000 toward veterans and military support and $84,000 for economic empowerment initiatives. With that support, organizations are enabled to further drive meaningful community-level change to improve lives.

“We’re honored by PMI U.S.’s support in helping us preserve the legacy of Colorado’s fallen heroes and provide comfort to their families,” said Rick Crandall, Founder and CEO of the Colorado Freedom Memorial Foundation. “Their partnership strengthens our mission to ensure these sacrifices are never forgotten and future generations understand the true cost of freedom.”

“We are deeply grateful for our friends at PMI U.S. and their shared commitment to ensuring everyone has access to nutritious meals,” said Carrie Shores, Executive Director of So All May Eat. “Because of generous partners like PMI U.S., we can continue serving our neighbors with dignity and compassion while working toward a future where no one goes hungry.”

The Thanks for Giving campaign also spotlights the WeCare program, which empowers PMI U.S. employees to nominate nonprofits for company-funded donations. In 2025, it directed over $1,860,000 million to over 400 local organizations across 44 states and the District of Columbia. This brings PMI U.S.’s total contributions since 2022 to more than $35 million nationwide.

As a result, PMI U.S. employees helped direct over $30,000 in company-sponsored funds to support organizations across Colorado. “PMI U.S.’s partnership is helping Foothills Animal Shelter deliver measurable results for pets and people,” said Amanda Boerman, Director of Philanthropy for Foothills Animal Shelter. “With their WeCare Grants, we’re expanding programs that ensure pets receive lifesaving care and families have the resources to keep them safe.”

Thanks for Giving is part of PMI U.S.’s pragmatic philanthropy—a better approach to corporate giving built on listening, investing for impact, and bringing others together to support those who are doing meaningful work every day. Learn more about PMI U.S.’s approach to philanthropy here.

PMI U.S.: Invested in America
Philip Morris International Inc.’s U.S. businesses are invested in America’s future and advancing a smoke-free nation. The businesses are committed to providing the approximately 30 million legal-age consumers who smoke cigarettes with better, smoke-free alternatives and to ensuring the products are marketed responsibly. From PMI’s global headquarters in Stamford, Connecticut, and other locations nationwide, PMI U.S. contributes leadership, jobs, investment, and innovation in the U.S. The U.S. businesses employ more than 3,000 people across America and operate product manufacturing facilities, including in Owensboro, Kentucky, and Wilson, North Carolina. For more information, please visit www.uspmi.com.

References to “PMI” mean the Philip Morris International family of companies. “PMI U.S.,” “we,” “our,” and “us” refer to one or more PMI U.S. businesses.

View original content to download multimedia:https://www.prnewswire.com/news-releases/pmi-us-launches-thanks-for-giving-to-honor-community-service-in-colorado-302626867.html

SOURCE PMI US Corporate Services, Inc.

Campaign Highlights Generosity and Commitment to Improving Lives

STAMFORD, Conn., Nov. 26, 2025 /PRNewswire/ — Philip Morris International’s U.S. businesses (“PMI U.S.”) today announced the launch of “Thanks for Giving,” a call to action inspiring Virginians to recognize and support the charitable organizations and individuals working every day to build stronger communities across the Commonwealth. As Americans pause to recognize Thanksgiving and #GivingTuesday, the Thanks for Giving campaign highlights the spirit of generosity that drives impact year-round, while celebrating the extraordinary service of charitable partners—from national nonprofits to local organizations working tirelessly in communities across the nation.

“#GivingTuesday started as a single day of goodwill, but the true impact comes when generosity—and accountability with those investments—becomes part of our everyday behavior,” said Marian Salzman, Senior Vice President, PMI U.S., who was a driving force behind creating GivingTuesday in 2012. “At PMI U.S., generosity isn’t limited to a season. Since 2022, our giving has exceeded $35 million, and our employees have increased their participation in community programs by 400 percent. Saying thank you is powerful. But living it—365 days a year, with transparency and purpose—is even more meaningful.”

Since 2024, PMI U.S. has contributed more than $1,460,000 to 101 organizations in Virginia, supporting communities in need and the company’s core giving pillars, including over $1,000,000 for economic empowerment initiatives; $65,000 toward veterans and military support; and $100,000 dedicated to disaster relief and prevention. With that support, organizations are enabled to further drive meaningful community-level change to improve lives.

“Feed More has seen a significant increase in need since early this fall. We’re purchasing more healthy proteins, produce and pantry staples to help our neighbors get through the holidays. This support will help keep the shelves stocked and plates full,” said Aaron McClung, Chief Development Officer of Feed More.

Other partners who received donations in 2025 include:

• United Way of Greater Richmond & Petersburg
• CARITAS
• GoochlandCares
• Lets Go Services

The “Thanks for Giving” campaign also spotlights the WeCare program, which empowers PMI U.S. employees to nominate nonprofits for company-funded donations. In 2025, it directed over $1,860,000 million to over 400 local organizations across 44 states and the District of Columbia. This brings PMI U.S.’s total contributions since 2022 to more than $35 million nationwide.

As a result, PMI U.S. employees helped direct over $177,000 in company-sponsored funds to support over 50 various nonprofit organizations across the state including Hope for the Warriors, Richmond Animal League, Safe Harbor, and project: HOMES.

Thanks for Giving is part of PMI U.S.’s pragmatic philanthropy—a better approach to corporate giving built on listening, investing for impact, and bringing others together to support those who are doing meaningful work every day. Learn more about PMI U.S.’s approach to philanthropy here.

PMI U.S.: Invested in America

Philip Morris International Inc.’s U.S. businesses are invested in America’s future and advancing a smoke-free nation. The businesses are committed to providing the approximately 30 million legal-age consumers who smoke cigarettes with better, smoke-free alternatives and to ensuring the products are marketed responsibly. From PMI’s global headquarters in Stamford, Connecticut, and other locations nationwide, PMI U.S. contributes leadership, jobs, investment, and innovation in the U.S. The U.S. businesses employ more than 3,000 people across America and operate product manufacturing facilities, including in Owensboro, Kentucky, and Wilson, North Carolina. For more information, please visit www.uspmi.com.

References to “PMI” mean the Philip Morris International family of companies. “PMI U.S.,” “we,” “our,” and “us” refer to one or more PMI U.S. businesses.

View original content to download multimedia:https://www.prnewswire.com/news-releases/pmi-us-launches-thanks-for-giving-to-honor-community-service-in-virginia-302626810.html

SOURCE PMI US Corporate Services, Inc.

Donation provides essential period products to girls and women across the U.S.

CINCINNATI, Nov. 26, 2025 /PRNewswire/ — This holiday season, Always, the leading menstrual care brand from Procter & Gamble, is donating 1 million period pads to Feeding America®, the nation’s largest domestic hunger-relief organization. Through this donation, Always is helping make period care more accessible for girls and women who face barriers to consistent products, reaching them through Feeding America’s network of family and community organizations.

Experience the full interactive Multichannel News Release here: https://www.multivu.com/always/9368551-en-always-donates-one-million-pads-to-feeding-america 

 

For many, this time of year can bring added stress as they work to meet everyday needs. Limited access to feminine hygiene care can exacerbate these challenges – affecting health, wellbeing, and confidence. By providing these products, Always empowers women and girls to navigate life’s demands without worrying about scarcity, allowing them to focus on celebrating the season with family and friends.

“For more than 40 years, Always has stood beside generations of girls and women, championing their confidence and well-being,” said Balaka Niyazee, senior vice president of North America feminine care at Procter & Gamble.

“Yet too many still face barriers — including the one in five girls in the U.S. who have missed school or left early because they didn’t have access to period products, which remain among the most requested non-food items at food banks. Building on our long-standing commitment to support our communities, Always has delivered tens of millions of period products across the U.S. to help remove this barrier to education and confidence. This holiday donation through the Feeding America network will reach households across the country, including communities where access to these essentials is most limited, underscoring our continued dedication to supporting girls and women nationwide.”

Through its partnership with Feeding America, Always helps deliver feminine hygiene items to food banks and pantries nationwide — a critical network that supports everyone facing difficult trade-offs between food, hygiene and other necessities. This year’s donation supports the communities by expanding access to the menstrual care goods that people rely on year-round.

“At a time when many families are facing uncertainty and managing tough choices such as balancing food with other essentials, we are grateful for long-standing partners like Always who understand that prioritizing dignity and increasing access to resources is critical to supporting overall health and wellbeing,” said Lauren Biedron, Senior Vice President of Corporate Partnerships at Feeding America. “Through their generosity, we can help ensure neighbors in communities across the country have the resources they need to thrive this holiday season and beyond.”

For further information, please contact the Always PR team at Always@MSLGroup.com.

Why is Always partnering with Feeding America?
Feeding America is the nation’s largest domestic hunger-relief organization. Through a  nationwide network of food banks and pantries, they help deliver food and resources to families who need them, making it an effective partner in expanding access to period products. Through this partnership, Always supports empowering women and girls by ensuring they have the essential resources they need to maintain health, dignity, and confidence.

What impact will the Always period pad holiday donation to Feeding America have?
This donation will help girls, women and families access necessary period products, while supporting dignity and well-being. Through the Feeding America network, this distribution will directly reach impacted communities and their foodbanks.

How does the partnership between Always and Feeding America work?
Always supplies period products, and Feeding America distributes them through a nationwide network of food banks and pantries. This ensures the resources reach people who need them most.

How long have Always and Feeding America partnered together?
Always has partnered with Feeding America since 2018 and has helped provide tens of millions of period products to people who may not otherwise have access.

About Always®
Always®, the world’s leader in period protection, offers a wide range of period care pads, liners and underwear designed to fit different body types, period flows and preferences. The Always line of period products includes Always Infinity™ Flexfoam, Always Ultra Thin, Always Maxi, Always Radiant Flexfoam, Always Pocket Flexfoam, Always Pure Cotton, Always ZZZ and Always Liners. Always is on a mission to help stop the drop in confidence girls experience at puberty. For over 40 years, Always has been empowering girls globally, bringing superior period protection and period education to millions of puberty-aged girls. Please visit www.always.com for more information.

About Procter & Gamble
P&G serves consumers around the world with one of the strongest portfolios of trusted, quality, leadership brands, including Always®, Ambi Pur®, Ariel®, Bounty®, Charmin®, Crest®, Dawn®, Downy®, Fairy®, Febreze®, Gain®, Gillette®, Head & Shoulders®, Lenor®, Olay®, Oral-B®, Pampers®, Pantene®, SK-II®, Tide®, Vicks®, and Whisper®. The P&G community includes operations in approximately 70 countries worldwide. Please visit https://www.pg.com for the latest news and information about P&G and its brands. For other P&G news, visit us at https://www.pg.com/news.

About Feeding America®
Feeding America is committed to an America where no one is hungry. We support tens of millions of people who experience food insecurity to get the food and resources they say they need to thrive as part of a nationwide network of food banks, statewide food bank associations, food pantries and meal programs. We also invest in innovative solutions to increase fair access to nutritious food, advocate for legislation that improves food security and work to address factors that impact food security, such as health, cost of living, and employment.

We partner with people experiencing food insecurity, policymakers, organizations, and supporters, united with them in a movement to end hunger. Visit www.FeedingAmerica.org to learn more.

 

View original content:https://www.prnewswire.com/news-releases/always-donates-1-million-pads-to-feeding-america-to-support-communities-this-holiday-season-302626181.html

SOURCE The Procter & Gamble Company

GUANGZHOU, China, Nov. 26, 2025 /PRNewswire/ — The 2025 Understanding China Conference (“the Conference”) is set to kick off on November 30 in Guangzhou, convening global statesmen, scholars, industry leaders, and international organization representatives to explore the theme New Plan, New Development, New Choices — Chinese Modernization and New Vision for Global Governance. This landmark event will delve into the 15th Five-Year Plan’s global significance, innovative pathways for Chinese modernization, emerging opportunities for world advancement, and collaborative actions under the Global Governance Initiative.

Co-organized by the China Institute for Innovation & Development Strategy (CIIDS), the Chinese People’s Institute of Foreign Affairs (CPIFA), and the People’s Government of Guangdong Province, and hosted by the Guangzhou Municipal People’s Government, the three-day conference will feature an opening ceremony, leadership speeches, keynote addresses, guest dialogues, four parallel seminars, 19 thematic forums, three Greater Bay Area dialogues, five closed-door seminars, and a series of supporting activities. All sessions except the closed-door seminars will be open to the media, fostering transparent international exchange.

To date, around 200 international representatives from 72 countries and regions, including Hong Kong and Macao, have confirmed attendance, with 70% from Global South nations and 70% attending for the first time. On-site participants include seven former statesmen at or above vice-premier level, 11 at ministerial level, and five foreign envoys and international organization representatives in China. Over 300 Chinese guests will deliver speeches, bringing the total to approximately 800 participants. This year’s event stands out for its broad geographical reach and representativeness, amplifying the conference’s role as a vital platform for Global South voices to draw on China’s modernization successes and advance a community with a shared future for mankind.

The thematic framework highlights four key aspects:

• promoting the 15th Five-Year Plan while reviewing the 14th;
• showcasing the global implications of Chinese modernization;
• disseminating China’s four major global initiatives and their contributions;
• and spotlighting the Guangdong-Hong Kong-Macao Greater Bay Area as a pinnacle of reform and opening-up.

Supporting activities under Understanding Guangzhou will include the Guangzhou: A City that Beautifies the World exhibition and Tasting Guangzhou, Walking along the Pearl River urban experiences, inviting guests to witness Chinese modernization’s vibrant practices.

Since its launch in 2013, the Conference has evolved into a premier forum for interpreting China’s strategies and their global resonance, promoting inclusive dialogue in an era of profound change.

View original content to download multimedia:https://www.prnewswire.com/news-releases/2025-understanding-china-conference-to-kick-off-in-guangzhou-illuminating-chinese-modernization-and-global-governance-vision-302626705.html

SOURCE China Institute for Innovation & Development Strategy

GUANGZHOU, China, Nov. 26, 2025 /PRNewswire/ — The 2025 Understanding China Conference (“the Conference”) is set to kick off on November 30 in Guangzhou, convening global statesmen, scholars, industry leaders, and international organization representatives to explore the theme New Plan, New Development, New Choices — Chinese Modernization and New Vision for Global Governance. This landmark event will delve into the 15th Five-Year Plan’s global significance, innovative pathways for Chinese modernization, emerging opportunities for world advancement, and collaborative actions under the Global Governance Initiative.

Co-organized by the China Institute for Innovation & Development Strategy (CIIDS), the Chinese People’s Institute of Foreign Affairs (CPIFA), and the People’s Government of Guangdong Province, and hosted by the Guangzhou Municipal People’s Government, the three-day conference will feature an opening ceremony, leadership speeches, keynote addresses, guest dialogues, four parallel seminars, 19 thematic forums, three Greater Bay Area dialogues, five closed-door seminars, and a series of supporting activities. All sessions except the closed-door seminars will be open to the media, fostering transparent international exchange.

To date, around 200 international representatives from 72 countries and regions, including Hong Kong and Macao, have confirmed attendance, with 70% from Global South nations and 70% attending for the first time. On-site participants include seven former statesmen at or above vice-premier level, 11 at ministerial level, and five foreign envoys and international organization representatives in China. Over 300 Chinese guests will deliver speeches, bringing the total to approximately 800 participants. This year’s event stands out for its broad geographical reach and representativeness, amplifying the conference’s role as a vital platform for Global South voices to draw on China’s modernization successes and advance a community with a shared future for mankind.

The thematic framework highlights four key aspects:

• promoting the 15th Five-Year Plan while reviewing the 14th;
• showcasing the global implications of Chinese modernization;
• disseminating China’s four major global initiatives and their contributions;
• and spotlighting the Guangdong-Hong Kong-Macao Greater Bay Area as a pinnacle of reform and opening-up.

Supporting activities under Understanding Guangzhou will include the Guangzhou: A City that Beautifies the World exhibition and Tasting Guangzhou, Walking along the Pearl River urban experiences, inviting guests to witness Chinese modernization’s vibrant practices.

Since its launch in 2013, the Conference has evolved into a premier forum for interpreting China’s strategies and their global resonance, promoting inclusive dialogue in an era of profound change.

View original content to download multimedia:https://www.prnewswire.com/news-releases/2025-understanding-china-conference-to-kick-off-in-guangzhou-illuminating-chinese-modernization-and-global-governance-vision-302626705.html

SOURCE China Institute for Innovation & Development Strategy

GUANGZHOU, China, Nov. 26, 2025 /PRNewswire/ — The 2025 Understanding China Conference (“the Conference”) is set to kick off on November 30 in Guangzhou, convening global statesmen, scholars, industry leaders, and international organization representatives to explore the theme New Plan, New Development, New Choices — Chinese Modernization and New Vision for Global Governance. This landmark event will delve into the 15th Five-Year Plan’s global significance, innovative pathways for Chinese modernization, emerging opportunities for world advancement, and collaborative actions under the Global Governance Initiative.

Co-organized by the China Institute for Innovation & Development Strategy (CIIDS), the Chinese People’s Institute of Foreign Affairs (CPIFA), and the People’s Government of Guangdong Province, and hosted by the Guangzhou Municipal People’s Government, the three-day conference will feature an opening ceremony, leadership speeches, keynote addresses, guest dialogues, four parallel seminars, 19 thematic forums, three Greater Bay Area dialogues, five closed-door seminars, and a series of supporting activities. All sessions except the closed-door seminars will be open to the media, fostering transparent international exchange.

To date, around 200 international representatives from 72 countries and regions, including Hong Kong and Macao, have confirmed attendance, with 70% from Global South nations and 70% attending for the first time. On-site participants include seven former statesmen at or above vice-premier level, 11 at ministerial level, and five foreign envoys and international organization representatives in China. Over 300 Chinese guests will deliver speeches, bringing the total to approximately 800 participants. This year’s event stands out for its broad geographical reach and representativeness, amplifying the conference’s role as a vital platform for Global South voices to draw on China’s modernization successes and advance a community with a shared future for mankind.

The thematic framework highlights four key aspects:

• promoting the 15th Five-Year Plan while reviewing the 14th;
• showcasing the global implications of Chinese modernization;
• disseminating China’s four major global initiatives and their contributions;
• and spotlighting the Guangdong-Hong Kong-Macao Greater Bay Area as a pinnacle of reform and opening-up.

Supporting activities under Understanding Guangzhou will include the Guangzhou: A City that Beautifies the World exhibition and Tasting Guangzhou, Walking along the Pearl River urban experiences, inviting guests to witness Chinese modernization’s vibrant practices.

Since its launch in 2013, the Conference has evolved into a premier forum for interpreting China’s strategies and their global resonance, promoting inclusive dialogue in an era of profound change.

View original content to download multimedia:https://www.prnewswire.com/news-releases/2025-understanding-china-conference-to-kick-off-in-guangzhou-illuminating-chinese-modernization-and-global-governance-vision-302626705.html

SOURCE China Institute for Innovation & Development Strategy

HANGZHOU, China, Nov. 26, 2025 /PRNewswire/ — The BMW Group has officially granted licenses for two of its micromobility concepts to its partner, the LUYUAN Group, during a signing ceremony today. The licensed concepts, “Dynamic Cargo” and “Clever Commute,” were developed by the BMW Group to address challenges in urban mobility.

The “Dynamic Cargo” is a “pick-up” style electric three-wheeled cargo bike that retains the agility of a conventional bicycle while offering innovative, safe transport options, enhanced by an optional modular weather protection system. The “Clever Commute” is the perfect “last mile” e-kickscooter, designed to fold easily for carrying on public transport or in a car without compromising riding stability.

LUYUAN intends to use the licensed technology to develop light mobility vehicles for diverse urban mobility scenarios and enter the global market under its own brands.

As a pioneer in China’s electric two-wheeler industry, LUYUAN has been committed to its concept of “creating better light mobility through technology”. To date LUYUAN has provided light mobility solutions to over 30 million users in more than 80 countries and regions.

Dr. Jochen Karg, Head of Vehicle Concepts in the BMW Group, stated: “We are pleased to grant Luyuan the rights to the Dynamic Cargo and Clever Commute concepts, which is part of our initiatives focused on the future of urban mobility. The BMW Group has collaborated with cities for many years and understands the diverse challenges urban areas face, including CO2 emissions, traffic congestion, and limited public space. Through our collaborative approach, we aim to contribute to city-friendly transport systems by enhancing the interconnectedness of urban mobility, promoting micromobility solutions for the last mile, and encouraging shifts in mobility behavior.”

Ms. Hu Jihong, CEO of LUYUAN Group, stated: “This partnership with the BMW Group marks a key step in our global strategy. We are building a technology ecosystem by combining our in-house capabilities with world-class partners. To ensure our products meet stringent European standards, we have engaged the BMW Group’s innovation studio, Designworks, and German engineering firm within the BMW supplier system—— Faissner Petermeier Fahrzeugtechnik AG for product development in Munich. This approach combines China’s ‘Intelligent Manufacturing’ with partner technologies to deliver outstanding, locally-adapted products to customers worldwide.”

View original content to download multimedia:https://www.prnewswire.com/news-releases/new-micromobility-concepts-for-increased-sustainability-in-urban-traffic-bmw-group-grants-licenses-to-the-luyuan-group-302626699.html

SOURCE LUYUAN Group

HANGZHOU, China, Nov. 26, 2025 /PRNewswire/ — The BMW Group has officially granted licenses for two of its micromobility concepts to its partner, the LUYUAN Group, during a signing ceremony today. The licensed concepts, “Dynamic Cargo” and “Clever Commute,” were developed by the BMW Group to address challenges in urban mobility.

The “Dynamic Cargo” is a “pick-up” style electric three-wheeled cargo bike that retains the agility of a conventional bicycle while offering innovative, safe transport options, enhanced by an optional modular weather protection system. The “Clever Commute” is the perfect “last mile” e-kickscooter, designed to fold easily for carrying on public transport or in a car without compromising riding stability.

LUYUAN intends to use the licensed technology to develop light mobility vehicles for diverse urban mobility scenarios and enter the global market under its own brands.

As a pioneer in China’s electric two-wheeler industry, LUYUAN has been committed to its concept of “creating better light mobility through technology”. To date LUYUAN has provided light mobility solutions to over 30 million users in more than 80 countries and regions.

Dr. Jochen Karg, Head of Vehicle Concepts in the BMW Group, stated: “We are pleased to grant Luyuan the rights to the Dynamic Cargo and Clever Commute concepts, which is part of our initiatives focused on the future of urban mobility. The BMW Group has collaborated with cities for many years and understands the diverse challenges urban areas face, including CO2 emissions, traffic congestion, and limited public space. Through our collaborative approach, we aim to contribute to city-friendly transport systems by enhancing the interconnectedness of urban mobility, promoting micromobility solutions for the last mile, and encouraging shifts in mobility behavior.”

Ms. Hu Jihong, CEO of LUYUAN Group, stated: “This partnership with the BMW Group marks a key step in our global strategy. We are building a technology ecosystem by combining our in-house capabilities with world-class partners. To ensure our products meet stringent European standards, we have engaged the BMW Group’s innovation studio, Designworks, and German engineering firm within the BMW supplier system—— Faissner Petermeier Fahrzeugtechnik AG for product development in Munich. This approach combines China’s ‘Intelligent Manufacturing’ with partner technologies to deliver outstanding, locally-adapted products to customers worldwide.”

View original content to download multimedia:https://www.prnewswire.com/news-releases/new-micromobility-concepts-for-increased-sustainability-in-urban-traffic-bmw-group-grants-licenses-to-the-luyuan-group-302626699.html

SOURCE LUYUAN Group

HANGZHOU, China, Nov. 26, 2025 /PRNewswire/ — The BMW Group has officially granted licenses for two of its micromobility concepts to its partner, the LUYUAN Group, during a signing ceremony today. The licensed concepts, “Dynamic Cargo” and “Clever Commute,” were developed by the BMW Group to address challenges in urban mobility.

The “Dynamic Cargo” is a “pick-up” style electric three-wheeled cargo bike that retains the agility of a conventional bicycle while offering innovative, safe transport options, enhanced by an optional modular weather protection system. The “Clever Commute” is the perfect “last mile” e-kickscooter, designed to fold easily for carrying on public transport or in a car without compromising riding stability.

LUYUAN intends to use the licensed technology to develop light mobility vehicles for diverse urban mobility scenarios and enter the global market under its own brands.

As a pioneer in China’s electric two-wheeler industry, LUYUAN has been committed to its concept of “creating better light mobility through technology”. To date LUYUAN has provided light mobility solutions to over 30 million users in more than 80 countries and regions.

Dr. Jochen Karg, Head of Vehicle Concepts in the BMW Group, stated: “We are pleased to grant Luyuan the rights to the Dynamic Cargo and Clever Commute concepts, which is part of our initiatives focused on the future of urban mobility. The BMW Group has collaborated with cities for many years and understands the diverse challenges urban areas face, including CO2 emissions, traffic congestion, and limited public space. Through our collaborative approach, we aim to contribute to city-friendly transport systems by enhancing the interconnectedness of urban mobility, promoting micromobility solutions for the last mile, and encouraging shifts in mobility behavior.”

Ms. Hu Jihong, CEO of LUYUAN Group, stated: “This partnership with the BMW Group marks a key step in our global strategy. We are building a technology ecosystem by combining our in-house capabilities with world-class partners. To ensure our products meet stringent European standards, we have engaged the BMW Group’s innovation studio, Designworks, and German engineering firm within the BMW supplier system—— Faissner Petermeier Fahrzeugtechnik AG for product development in Munich. This approach combines China’s ‘Intelligent Manufacturing’ with partner technologies to deliver outstanding, locally-adapted products to customers worldwide.”

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SOURCE LUYUAN Group