• A key milestone on the journey to achieving net zero carbon emissions by 2050
  • Absolute Scope 1 emissions reduced by almost a quarter (23%), and total Scope 1+2 emissions reduced by 10% since 2022 baseline
  • Total energy use has decreased 13% year on year in FY25
  • Renewable sources now account for 22% of global electricity consumption

LONDON, June 30, 2025 /PRNewswire/ — Logicalis, the leading global technology service provider, today announces it has achieved its 2025 target for carbon neutrality in Scope 1 and 2 emissions – marking a significant milestone in the company’s journey to reach its SBTi-validated goals. This includes a 50% reduction in Scope 1 and 2 emissions by 2030 and achieving net zero carbon emissions by 2050.

This achievement is the result of a series of strategic initiatives, including:

  • Transitioning to majority renewable energy across six operations including Spain, Germany, UK & Ireland, Portugal and Australia
  • Developing and implementing carbon and energy reduction plans by country of operation
  • Offsetting residual emissions through the purchase of reputable and verified carbon credits

On its journey to net zero carbon emissions by 2050, Logicalis aims to power 100% of global operations with renewable electricity and reduce absolute Scope 1 and 2 emissions by 50% by 2030. In the past year alone, the organisation has achieved a 16% reduction in and a 5% decrease in Scope 1 and 2 emissions. Currently, 22% of its global electricity usage is sourced from renewable energy.

Commenting on the milestone, Bob Bailkoski, Logicalis CEO, said: “At Logicalis, we believe that sustainability must be embedded in everything we do – from how we operate as a business to the solutions we deliver for our customers. Achieving carbon neutrality is a significant milestone and a testament to the dedication of our teams around the world. While there’s still much work ahead on our journey to net zero, this accomplishment reinforces our commitment to leading by example and driving positive change across the technology industry.”

To ensure transparency and accountability, Logicalis launched its Responsible Business Report in 2024, outlining its sustainability commitments and tracking progress toward environmental goals.

Nick Zinzan, Interim Head of Responsible Business for Logicalis, adds: “Reaching carbon neutrality is a proud moment for Logicalis, but it’s just one step of a much bigger journey. We know that real progress demands continuous action, transparency and accountability, which is why we launched our Responsible Business Report and had our commitments validated and approved by SBTi.  Balancing emissions reduction with business growth and the increasing use of carbon-intensive technologies is a challenge, but it’s one we fully embrace. Through continued collaboration with our teams, partners, and customers, we’re committed to building a more sustainable future.”

About Logicalis 

We are Architects of Change. We help organisations succeed in a digital-first world. At Logicalis, we harness our collective technology expertise to help our clients build a blueprint for success, so they can deliver sustainable outcomes that matter.

Our lifecycle services across cloud, connectivity, collaboration and security are designed to help optimise operations, reduce risk and empower employees.

As a global technology service provider, we deliver next-generation digital managed services, to provide our clients with real-time visibility and actionable insights across the performance of their digital ecosystem including availability, user experience, security, economic performance and sustainability.

Our 7000+ ‘Architects of Change’ are based in 30 territories around the globe, helping our 10,000+ clients across a range of industry sectors create sustainable outcomes through technology.

Logicalis has annualised revenues of $1.63 billion, from operations in Europe, North America, Latin America, Asia Pacific, and Africa. It is a division of Datatec Limited, listed on the Johannesburg Stock Exchange, with revenues of over $3.6 billion.

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SHANGHAI, June 30, 2025 /PRNewswire/ — ATRenew Inc. (“ATRenew” or the “Company”) (NYSE: RERE), a leading technology-driven pre-owned consumer electronics transactions and services platform in China, today released its 2024 Environmental, Social and Governance (ESG) Report. The report highlights ATRenew’s progress and achievements in green recycling, low-carbon transition, corporate governance, and technological innovation, demonstrating the Company’s continued commitment to China’s “Dual Carbon” goals and alignment with global ESG best practices.

Green Recycling, Building a Beautiful Earth Together

ATRenew integrates its mission to “give a second life to all idle goods” into every aspect of its environmental practices. In 2024, the Company made significant strides in advancing the circular economy and contributing to climate change mitigation:

  • Achieved notable results in resource recycling and pollution prevention. The Company facilitated the sale of over 35.3 million pre-owned products throughout the year, significantly extending product lifecycles and reducing resource consumption. Additionally, 137,000 units of e-waste products were disposed of in an eco-friendly manner, reducing e-waste pollution by 21.92 tons. Within its office spaces, the installation of intelligent recycling machines enabled the collection of 82,843 kilograms of recyclables.
  • Improved environmental management system and set clear climate action targets. The Group renewed its ISO 14001 environmental management system certification, reinforcing the foundation for sustainable operations. ATRenew also established ambitious emissions reduction goals – aiming to cut Scope 1 & 2 emission intensity by 35% and Scope 3 emission intensity by 50% by 2030, using 2024 as the baseline. In addition, it developed a climate risk management framework aligned with the Task Force on Climate-related Financial Disclosures (TCFD) and actively contributed to drafting two national standards for the second-hand electronics industry, supporting industry standardization and the broader low-carbon transition.

People-Centered, Illuminating the Path of Harmonious Development

ATRenew considers its employees as its most valuable asset and remains deeply committed to fulfilling its corporate social responsibilities. By actively engaging with various sectors of society, it strives to create a more inclusive and sustainable future. In 2024, the Company delivered meaningful social impact across several key areas:

  • Ongoing enhancement of employee well-being and diverse growth opportunities. In 2024, the “Listener” Program achieved a 96% problem resolution rate, effectively safeguarding employees’ rights to information and participation. Overall employee satisfaction rose from 4.64 out of 5 in 2023 to 4.71 out of 5 in 2024, reflecting a more positive and supportive workplace culture. In 2024, the proportion of female senior managers increased from 28.13% to 33.33%, underscoring progress in gender diversity. Additionally, the gender wage median difference index stood at 1.69% in 2024, highlighting the Company’s ongoing commitment to gender equality.
  • Continued engagement in public welfare programs. ATRenew remained deeply engaged in public welfare initiatives in 2024, with a continued focus on rural education. Through its flagship program, “AHS Charity and Love – Digital Education Aid Program for Rural Children,” the Company supported 68 schools, delivered 3,132 classes, and benefited 12,970 rural students, helping to bridge the digital divide and illuminate the future of rural education through technology.

Steady Progress, Building a Sustainable Governance Framework

ATRenew is committed to embedding sustainable development principles into its corporate governance framework, aiming to establish a transparent, efficient, and accountable modern governance structure. In 2024, the Company made significant strides in this area, marked by the following achievements:

  • Improved governance structure and strengthened risk management capabilities. ATRenew maintains a three-tier ESG governance framework, comprising the Board of Directors, the ESG Management Committee (ESGC), and the ESG Working Group, ensuring that ESG principles are fully embedded in both strategic planning and day-to-day operations. Over the year, the Risk Management Committee convened seven times, effectively identifying and resolving 24 risk issues. In the area of internal control and compliance, the Company achieved a 100% rectification rate for SOX internal control deficiencies, reflecting the Company’s strong commitment to management rigor and accountability. Additionally, 293 integrity training sessions were conducted, reaching 5,488 employees and further reinforcing a culture of integrity and self-discipline across the organization.
  • Outstanding ESG performance, earning industry acclaim. ATRenew’s ESG performance continued to earn recognition from leading global institutions. Its S&P Corporate and Sustainability Assessment (CSA) score improved to 35, placing it among the top 7% of companies globally within the industry. Additionally, the Company’s circular economy practices were featured in the 20 Case Examples for 20 Years: Private Sector’s Sustainable Development in China of the United Nations Global Compact (UNGC), making it the only selected case from China’s pre-owned consumer electronics industry.

Empowering with Technology, Driving Innovation in the Circular Economy Business Model

Technology and innovation remain the core engines of ATRenew’s high-quality development and long-term competitiveness, driving continuous breakthroughs in circular economy practices and the evolution of its business model:

  • Increased R&D investment, leading to industry innovation. In 2024, the Company actively explored large-scale AI models and multi-modal frameworks, developed intelligent terminal devices, and advanced the construction of a smart quality assurance system. These efforts accelerated the second-hand electronics industry’s shift from traditional manual inspection to intelligent, automated evaluation, streamlining processes and ensuring more consistent results.
  • Intelligent upgrade of the quality inspection system, enhancing efficiency and accuracy. The Company launched Standard Quality Inspection 2.0 which optimized the grading system and significantly improved the transparency and consistency of product evaluations. By accelerating the adoption of AI-driven quality inspection systems and upgrading automated detection equipment, ATRenew strengthened its operational performance and reinforced its leadership in the industry’s shift toward intelligent transformation.
  • Pioneered best practices for trade-in programs while continually enhancing product and service accessibility. Amid national efforts to promote trade-ins and stimulate consumption, the Company, in strategic partnership with JD.com, established best-in-class practices for consumer electronic product trade-ins, fully committed to providing users with more convenient and affordable consumption experiences. By the end of 2024, ATRenew had 1,861 offline stores covering 283 cities nationwide. Of these, 62% are next-generation user touchpoints with larger spaces and enhanced multi-category recycling capabilities, significantly enhancing product and service accessibility.

“The road is long and challenging, but through perseverance, we will reach our destination,” said Kerry Xuefeng Chen, Founder and CEO of ATRenew. “In 2025, we will closely align with the national ‘New Quality Productive Forces’ strategy leveraging technology to advance resource recycling, transforming every idle product into a green link in low-carbon living. Together with our partners, we are committed to building a sustainable future where all resources are fully utilized.”

To view the report in full, please visit ir.atrenew.com for ATRenew’s 2024 ESG report.

About ATRenew Inc.

Headquartered in Shanghai, ATRenew Inc. operates a leading technology-driven pre-owned consumer electronics transactions and services platform in China under the brand ATRenew. Since its inception in 2011, ATRenew has been on a mission to give a second life to all idle goods, addressing the environmental impact of pre-owned consumer electronics by facilitating recycling and trade-in services, and distributing the devices to prolong their lifecycle. ATRenew’s open platform integrates C2B, B2B, and B2C capabilities to empower its online and offline services. Through its end-to-end coverage of the entire value chain and its proprietary inspection, grading, and pricing technologies, ATRenew sets the standard for China’s pre-owned consumer electronics industry. ATRenew is a participant in the United Nations Global Compact, and adheres to its principles-based approach to responsible business.

Safe Harbor Statement

This press release contains statements that may constitute “forward-looking” statements 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 “will,” “expects,” “anticipates,” “aims,” “future,” “intends,” “plans,” “believes,” “estimates,” “likely to” and similar statements. Among other things, quotations in this announcement contain forward-looking statements. ATRenew may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Statements that are not historical facts, including statements about ATRenew’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: ATRenew’s strategies; ATRenew’s future business development, financial condition and results of operations; ATRenew’s ability to maintain its relationship with major strategic investors; its ability to facilitate pre-owned consumer electronics transactions and provide relevant services; its ability to maintain and enhance the recognition and reputation of its brand; general economic and business conditions globally and in China and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in ATRenew’s filings with the SEC. All information provided in this press release is as of the date of this press release, and ATRenew does not undertake any obligation to update any forward-looking statement, except as required under applicable law.

Investor Relations Contact

In China:
ATRenew Inc.
Investor Relations
Email: ir@atrenew.com 

In the United States:
ICR LLC.
Email: atrenew@icrinc.com
Tel: +1-212-537-0461

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SOURCE ATRenew Inc.

  • Key highlights include SBTi validation of carbon emission reduction targets and recognition in S&P Global’s 2025 Sustainability Yearbook
  • Eighth consecutive sustainability report, fourth report published in both Korean and English

SEOUL, South Korea, June 30, 2025 /PRNewswire/ — Hanon Systems (KS:018880), a leading global automotive thermal management supplier and subsidiary of Hankook & Company Group, is pleased to announce the release of its eighth annual sustainability report, published in both Korean and English for the fourth consecutive year.

The 2024 report highlights continued progress in environmental, social, and governance (ESG) performance, including the formal approval of the company’s near-term 2030 greenhouse gas (GHG) reduction goals and 2050 net-zero target by the Science Based Targets initiative (SBTi), along with its second consecutive inclusion in the S&P Global Sustainability Yearbook.

As part of its long-term climate change strategy, Hanon Systems aims to reduce absolute Scope 1 and Scope 2 emissions by 50% and Scope 3 emissions from purchased good and services by 55% per ton of purchased raw material by 2030, compared to the 2019 baseline. By 2040, the company aims to achieve carbon neutrality by reducing absolute Scope 1, Scope 2, and Scope 3 emissions by 90%.  And by 2050, Hanon Systems commits to reach net-zero for all greenhouse gas emissions across the value chain.

“We are dedicated to building a sustainable future, driven by continuous technological innovation and a strong commitment to creating value for our customers and shareholders,” said Soo Il Lee, Vice Chairman and CEO of Hanon Systems. “We remain committed to advancing ESG initiatives, developing talent, and strengthening global collaboration to reinforce our position as a leading company in future mobility.”

Since 2022, the company’s ESG Committee has been responsible for establishing, managing and overseeing environmental, social and governance matters. The committee approves ESG strategies and implementation plans, and defines mid- to long-term targets.

View the report on the company’s website here.

https://www.hanonsystems.com/En/Investors/AnnualReport 

About Hanon Systems

Hanon Systems, founded in 1986, is a global leader in thermal management solutions. In January 2025, it became a subsidiary of Hankook & Company Group. Its offering includes a wide range of solutions in the areas of heating, ventilation and air conditioning (HVAC), powertrain cooling, compressor, fluid transport, and electronics and fluid pressure. The company currently operates 50 manufacturing sites and three regional innovation centers and employs more than 20,000 people across 21 countries. To learn more, visit hanonsystems.com.

Follow Hanon Systems:
LinkedIn: https://www.linkedin.com/company/hanonsystems
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STOCKHOLM, June 30, 2025 /PRNewswire/ — Skanska invests CZK 1.6 billion, about SEK 700M, in the new single-phase residential project in Prague’s Radlice district, Czech Republic. The construction contract is worth CZK 1.0 billion, about SEK 460M, which will be included in the order bookings for Europe for the second quarter of 2025.

The project D.O.K. Radlice will feature 177 low-energy apartments, in three residential buildings, one of which will become the largest residential building made of wood in the Czech Republic. The project will be built near natural monuments and green parks and will create a quiet courtyard and playground.

The concept of low impact living focuses on energy efficiency, blue-green infrastructure and significantly lower carbon footprint. According to a preliminary analysis, the use of wood in one of the buildings will replace approximately half of the required volume of concrete and provide up to a third less CO2 load compared to conventional projects. The buildings aspire to reach a high rating in the international BREEAM sustainability certification.

Construction of this project will start in the end of Jun 2025 with expected completion of 2027.

For further information please contact:

Jan Pohorský, Communications Team Leader, Skanska Residential Development Europe, tel +420 704 876 916
Andreas Joons, Press Officer, Skanska Group, tel +46 (0)10 449 04 94
Direct line for media, tel +46 (0)10 448 88 99

This and previous releases can also be found at www.skanska.com.

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

https://news.cision.com/skanska/r/skanska-invests-czk-1-6-billion–about-sek-700m–in-a-new-residential-project-in-prague–czech-repub,c4170579

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Chen Qiyu and Xu Xiaoliang, Executive Directors and Co-CEOs of Fosun International win Asia’s Best CEO from Corporate Governance Asia

Fosun International receives Sustainable Asia Award 2025, Best Environmental Responsibility Award and Best Corporate Communications Award

HONG KONG, June 30, 2025 /PRNewswire/ — On 30 June 2025, Corporate Governance Asia presented the 15th Asian Excellence Award. Chen Qiyu and Xu Xiaoliang, Executive Directors and Co-CEOs of Fosun International Limited (“Fosun International”, “Fosun” or the “Group”) (HKEX stock code: 00656) were both honored Asia’s Best CEO. In addition, Fosun International was awarded Sustainable Asia Award 2025, Best Environmental Responsibility Award and Best Corporate Communications Award.

Corporate Governance Asia is one of the most authoritative and influential corporate governance journals in the Asia Pacific region. The award recognizes outstanding industry leaders and enterprises that excelled in financial performance, corporate governance, corporate social responsibility, environmental protection, corporate communication and investor relations over the past year. Other award recipients of the 15th Asian Excellence Award include well-known Asia Pacific companies such as Sino Land, Sun Hung Kai Properties, Bank of China (Hong Kong), China Mobile, China Telecom, China Unicom, China Communications Services, China Resources, and PetroChina, etc.

Recognizing Excellence in Business Performance and ESG Practices

According to Corporate Governance Asia, in 2024, in the face of the complex and volatile external environment, Fosun maintained its strategic focus on core businesses, achieved steady development, enhanced the operational capabilities of its key industries, and demonstrated strong operational resilience. Amid the complex external business environment, Mr. Chen Qiyu and Mr. Xu Xiaoliang, as the CEOs of a global large-scale private enterprise, have not only led the Group to grow its business operations, but also strengthened the management of sustainable development, proactively fulfilled corporate social responsibility, improved the Group’s Environmental, Social, and Governance (ESG) performance, and leveraged the resources and advantages of Fosun’s global industrial ecosystem to continuously create a better world. In recognition of these efforts, they were awarded the Asia’s Best CEO accolade.

Chen Qiyu, Executive Director and Co-CEO of Fosun International, said, “We are deeply honored to receive several prestigious awards from Corporate Governance Asia, including Asia’s Best CEO and the Sustainable Asia Award. These accolades recognize not only individual achievements but also reflect the collective efforts of the entire Fosun team. To advance Fosun’s sustainable development, we have established a top-down and long-term ESG improvement mechanism and has included ESG management performance as an evaluation factor in the Executive Directors’ performance assessment. The ESG management performance appraisal mechanism is also extended to the CEOs of the Group and the personnel in charge of each business group. Fosun International is also committed to fostering innovation. We actively drive green innovation across biopharmaceutical R&D, consumer industries, intelligent manufacturing, and green building, with the aim of building a sustainable industrial ecosystem. Looking ahead, guided by our mission of ‘Contribution to Society’, we will continue to strengthen our ESG system, and promote green and sustainable development through technology innovation and global resources, thereby creating greater value for society.”

Xu Xiaoliang, Executive Director and Co-CEO of Fosun International, said, “Globalization is the core of Fosun’s development. Fosun has consistently leveraged global resources and combined global growth momentum with global resources, delivering more high-quality products and services to families around the world. With an increasingly sophisticated global business presence, Fosun operated responsibly across more than 35 countries and regions, actively contributing to public welfare and creating sustainable value worldwide. As a global company rooted in China, Fosun began integrating ESG principles at an early stage, reflecting values deeply embedded in the Group’s DNA and corporate culture. Since its founding, Fosun has upheld its original aspiration of ‘Contribution to Society’, striving not only to create commercial value but also to generate broader social impact. Looking ahead, Fosun will actively respond to national strategies, implement ‘dual carbon’ goals, promote rural revitalization, expand impact across global communities in areas such as healthcare, educational equity, community construction, culture and art. The ultimate goal is to help more families enjoy healthier, happier, and wealthier lives.”

Advancing Global Sustainable Development with Outstanding ESG Performance

Corporate Governance Asia highlighted Fosun’s unwavering commitment to advancing global ESG efforts. The Group has consistently strengthened its ESG framework, deepened its involvement in ESG initiatives, enhanced its climate resilience, and accelerated green development. Corporate Governance Asia highly commended Fosun’s efforts in advancing ESG, noting that its initiatives not only inspire the industry but also reinforce Asia’s vital role in the global journey toward carbon neutrality. The publication recognized Fosun’s commitment to addressing social and environmental challenges as a benchmark for industry best practices. As a result, Fosun was honored with the Sustainable Asia Award 2025, Best Environmental Responsibility Award and Best Corporate Communications Award. These accolades not only affirm Fosun’s outstanding performance in promoting global sustainable development and fulfilling corporate social responsibility, but also highlight its steadfast dedication to ESG knowledge sharing and climate advocacy.

As a responsible global citizen, Fosun officially joined the United Nations Global Compact (“UN Global Compact”) in 2014. It fully supports the ten principles of the UN Global Compact on human rights, labor, environment and anti-corruption, and has deeply integrated these principles into its “Create IMPACT” sustainable development strategy and code of conduct. Over the past year, despite the global environmental, social and economic uncertainties, Fosun remained committed to sustainable development, diligently upholding its long-term commitments in key areas of sustainable development, and achieving good results. Fosun International maintained an MSCI ESG rating of AA, achieved an HSI ESG rating of AA-, ranked in the top 5% among global peers in latest S&P Global’s Corporate Sustainability Assessment (CSA), was included in S&P Global’s Sustainability Yearbook 2025, and was selected as the top 1% in S&P Global’s Sustainability Yearbook 2025 (China Edition).

Actively Responding to Climate Change and Promoting Low-carbon Transformation

Fosun actively responds to the national “dual carbon” goals by promoting carbon neutrality and energy conservation and emission reduction. In 2021, Fosun made a commitment to society – “strive to peak carbon emissions by 2028 and achieve carbon neutrality by 2050”. Fosun has formulated strategies for climate change mitigation and adaptation to align with the 1.5°C temperature control target set in the Paris Agreement. As 2024 marked the final year before Hong Kong Stock Exchange’s New Climate Requirements came into effect, Fosun International proactively aligned with international standards such as the Task Force on Climate-related Financial Disclosures (TCFD) recommendations and the International Financial Reporting Standards (IFRS) S2 Climate-related Disclosures Requirements, and released its third Climate Information Disclosures Report, enhancing the transparency of its climate actions and demonstrating its commitment to ongoing efforts in this area.

The Group also actively encourages its member companies to carry out climate actions. The Bund Finance Center (BFC), the Group’s base in Shanghai and a landmark in Shanghai, maintained its LEED Platinum certification, a global green building benchmark, and was included in Shanghai’s first batch of carbon peaking and carbon neutrality pilot demonstration projects in 2024.

In 2024, Fidelidade participated in the 29th session of the Conference of the Parties (COP29) to the United Nations Framework Convention on Climate Change for the second consecutive year to discuss climate change response strategies and corporate responsibilities with industry peers. During the COP29, Fidelidade launched the Impact Center for Climate Change (ICCC), a platform for the study, research and sharing of knowledge with society. The ICCC promotes knowledge production in the field of climate risks and helps the insurance industry enhance its capacity to address climate change.

Leveraging Innovation to Actively Contribute to Society

Fosun adheres to the innovation-driven strategy, and the anticancer and antimalarial drugs developed by its health segment have widely benefited cancer patients and severe malaria patients. Henlius’ innovative drug, HANSIZHUANG (serplulimab injection), an anti-PD-1 monoclonal antibody, was approved for marketing in the European Union in early 2025. This milestone makes it the first and only PD-1 innovative drug approved for the first-line treatment of extensive-stage small cell lung cancer (ES-SCLC) in the European Union. As of the end of 2024, Fosun Pharma’s independently developed artesunate for injection had saved more than 80 million severe malaria patients worldwide, with more than 400 million doses supplied globally. In the Chinese mainland, Fosun Kairos’ first CAR-T cell therapy product, Yi Kai Da (ejilunsai injection), had benefited over 800 lymphoma patients as of the end of 2024.

In order to better promote the fulfilment and implementation of corporate social responsibility, Fosun Foundation was established in 2012. It has been making unremitting efforts in the fields of global emergency relief, rural revitalization, health, education, culture and art, youth development, etc. to create social value. Among these initiatives, the Rural Doctors Program has supported 25,000 rural doctors and benefited 3 million rural families since its launch in 2017.

Looking ahead, Fosun remains dedicated to advancing its social responsibility through innovation and responsible global operations. Guided by its “Create IMPACT” sustainable development strategy, Fosun will intensify its efforts to build a more responsible, inclusive and sustainable future.

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Market Growth Driven by Lightweight Material Adoption, Cost-Effective Solutions, Advanced Manufacturing Technologies, and Expanding Electric Vehicle Applications

REDDING, Calif., June 29, 2025 /PRNewswire/ —  According to a comprehensive market research report titled “Automotive Plastics Market by Type (Thermoplastics, Thermosetting), Process (Injection Molding, Blow Molding, Thermoforming, Compression Molding, Extrusion), Vehicle Type (2-wheelers & 3-wheelers, Passenger Cars, Buses, Trucks), Application (Electrical Components, Powertrain, Engine Bay, Chassis, Interior, Exterior), End User (Conventional Vehicles, Electric Vehicles), & Geography – Global Forecast to 2032”, the Automotive Plastics market is projected to reach $76.6 billion by 2032, up from an estimated $44.2 billion in 2025, growing at a robust CAGR of 7.8% during the forecast period.

The substantial growth of the automotive plastics market is driven by increasing adoption of lightweight plastic materials amid rising fuel efficiency requirements and environmental regulations. The market’s expansion is fueled by cost-effective material solutions, easy replacement capabilities, growing focus on bioplastics and sustainable materials, and expanding applications in electric vehicles across key global markets.

The industry is experiencing significant transformation through advanced 3D printing technologies, sophisticated sensor integration capabilities, and development of next-generation sustainable plastic solutions. Leading companies are embracing innovative molding technologies while expanding into emerging electric vehicle markets and developing cutting-edge bio-based plastic alternatives for environmentally conscious automotive manufacturers worldwide.

For more comprehensive insights, download the FREE report sample: https://www.meticulousresearch.com/download-sample-report/cp_id=5825

Revolutionary Market Transformation Through Lightweight Innovation Excellence

The automotive plastics market represents a paradigm shift in vehicle manufacturing and sustainability optimization. As automotive industries increasingly prioritize fuel efficiency, emission reduction, and design flexibility, automotive plastics offer a revolutionary solution that addresses the growing demand for lightweight, durable materials with superior performance characteristics across diverse vehicle applications.

Market leaders are investing heavily in advanced injection molding technologies and sustainable plastic manufacturing, establishing production capabilities that can deliver scalable, cost-effective automotive plastic solutions. This technological advancement is making sophisticated lightweight plastics increasingly accessible while delivering superior fuel efficiency and design flexibility benefits.

Dynamic Growth Across Key Market Segments

Based on type, the Thermoplastics segment dominates the market in 2025, capturing approximately 63% of the total market share due to excellent moldability, design flexibility, and recyclability advantages. Within thermoplastics, the Polypropylene (PP) segment leads with approximately 9% of the thermoplastics market, attributed to cost-effectiveness, excellent moldability, and versatility for wide-ranging automotive applications. The Thermoplastics segment is also experiencing the fastest growth, driven by increasing demand for lightweight, recyclable materials.

Based on manufacturing process, the Injection Molding segment leads with the largest market share of approximately 51%, reflecting its efficiency for high-volume production, minimal material waste, and ability to create complex plastic components. This segment is anticipated to record the highest growth rate, driven by technological advancements aimed at reducing error rates and improving scalability.

Based on vehicle type, the 2-wheelers & 3-wheelers segment accounts for approximately 62% of the market in 2025, attributed to design flexibility requirements, lightweighting properties, cost-effectiveness, and excellent durability under harsh environmental conditions. This segment is also expected to register the highest growth rate during the forecast period.

Get Insightful Data on Regions, Market Segments, Customer Landscape, and Top Companies (Charts, Tables, Figures and More)https://www.meticulousresearch.com/product/automotive-plastics-market-5825

Strategic Market Opportunities and Innovation Drivers

The market presents extraordinary growth opportunities through bioplastics and sustainable material adoption, electric vehicle market expansion, and development of advanced sensor-integrated plastic solutions. Companies are discovering new revenue streams through 3D printing technologies and multi-material solutions while establishing comprehensive sustainable automotive plastic ecosystems.

Key market drivers include:

  • Lightweight Material Adoption: Growing emphasis on vehicle weight reduction to meet fuel efficiency standards and environmental regulations driving demand for advanced lightweight plastic solutions
  • Cost-Effective Manufacturing: Rising need for affordable materials that maintain quality and performance while reducing production costs and optimizing manufacturing efficiency
  • Advanced Technology Integration: Expanding use of 3D printing for rapid prototyping, sensor integration capabilities, and customized component production enhancing design flexibility
  • Sustainable Material Innovation: Increasing focus on bioplastics, recyclable materials, and circular economy solutions addressing environmental sustainability requirements

Regional Market Leadership and Emerging Growth

Asia-Pacific commands the largest market share in 2025 with approximately 48% of the global market, driven by growing vehicle demand, rapid urbanization, increasing consumer preference for advanced vehicle features, and expanding automotive manufacturing infrastructure across key countries including China, Japan, and India.

Asia-Pacific also emerges as the fastest-growing region with a projected CAGR of approximately 9% during 2025-2032, propelled by rising urbanization creating demand for fuel-efficient vehicles, increasing integration of advanced technologies, growing electric vehicle adoption, and expanding automotive production capabilities.

North America and Europe represent significant markets, supported by stringent fuel efficiency regulations, advanced automotive manufacturing infrastructure, growing electric vehicle adoption, and presence of leading automotive plastic manufacturers with emphasis on innovation and sustainability.

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Dynamic Competitive Landscape Driving Innovation

The global automotive plastics market features an innovative competitive ecosystem comprising major chemical companies, specialized automotive plastic manufacturers, and advanced materials technology providers. This diverse landscape fosters rapid technological advancement through sophisticated injection molding technology integration and sustainable plastic material development.

Industry leaders are implementing integrated solutions that combine advanced thermoplastic materials with cutting-edge manufacturing processes and sensor integration capabilities. Companies are pursuing strategic partnerships with automotive OEMs while addressing sustainability and performance challenges across different vehicle segments.

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Market Leaders Shaping Industry Future

Key players driving the global automotive plastics market include BASF SE (Germany), Covestro AG (Germany), DuPont de Nemours, Inc. (U.S.), SABIC (Saudi Arabia), Dow Inc. (U.S.), Asahi Kasei Advance Corporation (Japan), Celanese Corporation (U.S.), LANXESS AG (Germany), Akzo Nobel N.V. (Netherlands), Evonik Industries AG (Germany), Adient plc (Ireland), Magna International Inc. (Canada), Momentive Performance Materials, Inc. (U.S.), Daicel Corporation (Japan), and Borealis AG (Austria).

These companies are focusing on strategies such as advanced thermoplastic material development, innovative injection molding technology integration, sustainable bioplastic solutions, strategic automotive OEM partnerships, and expansion into emerging electric vehicle markets to strengthen their market position.

Latest Industry Developments

Recent market developments include:

  • Sustainable Innovation Leadership: Launch of bio-based plastic projects and recycling initiatives transforming automotive industry sustainability with renewable alternatives to petrochemicals
  • Advanced Manufacturing Integration: Introduction of LeanLight concepts featuring 20% fewer components and weight reduction, demonstrating next-generation automotive plastic efficiency
  • Circular Economy Solutions: Implementation of comprehensive recycling programs for end-of-life vehicle components, advancing standardized circular economy practices in automotive manufacturing

Market Challenges and Opportunities

While the market shows strong growth potential, it faces challenges including complex integration requirements for advanced sensor technologies, varying regulatory standards across global markets, competition from alternative lightweight materials, and technical complexity in sustainable plastic development.

However, significant opportunities exist in expanding electric vehicle markets, development of advanced 3D printing technologies and customization capabilities, growing bioplastics and sustainable material adoption, emerging markets with increasing vehicle demand, and rising integration of smart technologies requiring specialized plastic housing solutions.

The Electric Vehicles segment is projected to record the highest CAGR during the forecast period, driven by lightweight requirements for battery range optimization, thermal management system applications, battery enclosure and insulation needs, and growing global electric vehicle adoption accelerating specialized plastic demand.

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About Meticulous Research

We are a trusted research partner for leading businesses worldwide, empowering Fortune 500 organizations and emerging enterprises with market intelligence designed to drive revenue transformation and strategic growth. Our insights reveal future growth opportunities, equipping clients with a competitive edge through a versatile suite of research solutions—including syndicated reports, custom research, and direct analyst engagement.

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SOURCE Meticulous Market Research Private Limited

Market Growth Driven by Stringent Government Regulations, Rising Environmental Awareness, Customized Testing Services, and Expanding Industrial Operations

REDDING, Calif., June 29, 2025 /PRNewswire/ — According to a comprehensive market research report titled “Environmental Testing Market Size, Share, Forecast, & Trends Analysis by Products (Mass Spectrometers, pH meters), Sample, Contamination, End User (Agriculture & Irrigation, Government and R&D Laboratories, Industrial Product Manufacturers), and Geography – Global Forecast to 2032”, the environmental testing market is projected to reach $17.1 billion by 2032, up from an estimated $9.6 billion in 2025, growing at a robust CAGR of 8.6% during the forecast period.

The impressive growth of the environmental testing market is driven by increasingly stringent government regulations related to environmental protection amid rising global awareness about environmental pollution. The market’s expansion is fueled by growing industrial activities requiring compliance monitoring, rising demand for cost-effective and time-saving customized environmental testing services, and expanding adoption of advanced testing technologies across key global markets.

The industry is experiencing significant transformation through advanced analytical instrument integration, sophisticated contamination detection systems, and development of comprehensive environmental monitoring solutions. Leading companies are embracing smart testing technologies while expanding into emerging sustainability markets and developing innovative testing methodologies for environmentally conscious organizations worldwide.

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Revolutionary Market Transformation Through Environmental Compliance Excellence

The environmental testing market represents a paradigm shift in environmental monitoring and regulatory compliance solutions. As governments increasingly enforce environmental protection standards and organizations prioritize sustainability initiatives, environmental testing offers a revolutionary solution that addresses the growing demand for accurate contamination detection and regulatory compliance across diverse industrial applications.

Market leaders are investing heavily in advanced analytical technologies and comprehensive testing methodologies, establishing laboratory capabilities that can deliver precise, reliable environmental analysis. This technological advancement is making sophisticated environmental testing increasingly accessible while delivering superior accuracy and operational compliance benefits.

Dynamic Growth Across Key Market Segments

Based on product type, the Mass Spectrometers segment dominates the market in 2025, capturing approximately 26% of the total market share due to their critical importance for detecting trace levels of pollutants, expanding applications in environmental analysis, and growing demand for monitoring soil organic contaminants including pesticides and industrial chemicals. This segment is also experiencing the fastest growth, driven by increasing applications in drinking water analysis and pollution assessment.

Based on sample types, the Wastewater/Effluent segment leads with the largest market share of approximately 34%, reflecting increasing industrial wastewater generation, growing environmental concerns related to waste disposal, and stringent wastewater disposal regulations. This segment is anticipated to record the highest growth rate, driven by rapid urbanization and rising demand for clean water.

Based on contamination types, the Organic Compounds segment accounts for approximately 32% of the market in 2025, attributed to high emission levels from hydrocarbon consumption, increasing awareness about volatile organic compound monitoring, and sustained growth in environmental pollution concerns.

Get Insightful Data on Regions, Market Segments, Customer Landscape, and Top Companies (Charts, Tables, Figures and More)https://www.meticulousresearch.com/product/environmental-testing-market-5002

Strategic Market Opportunities and Innovation Drivers

The market presents extraordinary growth opportunities through advanced analytical technology integration, sustainable testing methodology adoption, and expansion into emerging environmental monitoring and carbon footprint reduction markets. Companies are discovering new revenue streams through customized testing services and integrated environmental compliance solutions while establishing comprehensive environmental analysis ecosystems.

Key market drivers include:

  • Stringent Government Regulations: Increasing environmental protection mandates and compliance requirements driving demand for comprehensive testing services
  • Rising Environmental Awareness: Growing public consciousness about pollution and sustainability creating demand for accurate environmental monitoring solutions
  • Customized Testing Services: Rising need for cost-effective, time-saving, tailored environmental testing solutions meeting specific organizational requirements
  • Industrial Growth and Compliance: Expanding industrial operations requiring regular environmental monitoring and regulatory compliance verification

Regional Market Leadership and Emerging Growth

North America commands the largest market share in 2025 with approximately 37% of the global market, driven by well-established environmental testing infrastructure, stringent environmental regulations, growing acceptance of advanced testing technologies, and strong regulatory framework supporting environmental protection standards.

Asia-Pacific emerges as the fastest-growing region with a projected CAGR of 11.5% during 2025-2032, propelled by increasing environmental awareness in China, India, and Japan, expanding energy-related projects, growing industrial activities, and rising government investments in environmental protection frameworks.

Europe represents the second-largest market, supported by stringent environmental regulations, expanding sustainability initiatives, comprehensive environmental monitoring requirements, and presence of leading environmental testing service providers with emphasis on advanced analytical capabilities.

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Dynamic Competitive Landscape Driving Innovation

The global environmental testing market features an innovative competitive ecosystem comprising specialized analytical laboratories, environmental testing service providers, and advanced instrumentation manufacturers. This diverse landscape fosters rapid technological advancement through sophisticated analytical instrument integration and comprehensive testing methodology development.

Industry leaders are implementing integrated solutions that combine advanced analytical technologies with customized testing services and regulatory compliance expertise. Companies are pursuing strategic partnerships with government agencies while addressing sustainability and compliance challenges across different industrial market segments.

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Market Leaders Shaping Industry Future

Key players driving the global environmental testing market include Eurofins Scientific SE (Luxembourg), Intertek Group plc (U.K.), TÜV SÜD AG (Germany), Microbac Laboratories, Inc. (U.S.), Symbio Laboratories (Australia), Agilent Technologies, Inc. (U.S.), SGS S.A. (Switzerland), Bureau Veritas (France), EMSL Analytical, Inc. (U.S.), Mérieux NutriSciences Corporation (France), Envirolab Services Pty Ltd (Australia), R J Hill Laboratories Limited (New Zealand), AB SCIEX LLC (U.S.), ALS Limited (Australia), and FBA Laboratories Limited (Ireland).

These companies are focusing on strategies such as advanced analytical technology integration, customized testing service development, comprehensive environmental monitoring solutions, regulatory compliance expertise, and strategic partnerships with government agencies to strengthen their market position.

Latest Industry Developments

Recent market developments include:

  • Expanding Sustainability Testing: Growing focus on carbon footprint analysis and environmental impact assessment driving demand for specialized testing configurations optimized for sustainability compliance
  • Advanced Analytical Technology Integration: Implementation of sophisticated mass spectrometry systems, chromatography solutions, and automated testing platforms enhancing accuracy and operational efficiency
  • Customized Service Solutions: Increasing emphasis on tailored testing methodologies and client-specific analytical services reflecting industry demand for specialized compliance solutions

Market Challenges and Opportunities

While the market shows strong growth potential, it faces challenges including high costs of advanced analytical equipment, complex regulatory compliance requirements across different jurisdictions, technical expertise limitations for specialized testing, and varying environmental standards across global markets.

However, significant opportunities exist in emerging environmental compliance markets, development of automated testing technologies and AI integration, expansion in developing markets with growing environmental awareness, modernization programs for existing testing infrastructure, and rising demand for specialized contamination analysis configurations.

The Agriculture & Irrigation segment is projected to record the highest CAGR during the forecast period, driven by increasing demand for soil quality testing, rising need for pesticide residue analysis, growing irrigation water quality management requirements, and rising need to maximize crop yield and quality.

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About Meticulous Research

We are a trusted research partner for leading businesses worldwide, empowering Fortune 500 organizations and emerging enterprises with market intelligence designed to drive revenue transformation and strategic growth. Our insights reveal future growth opportunities, equipping clients with a competitive edge through a versatile suite of research solutions—including syndicated reports, custom research, and direct analyst engagement.

To find out more, visit www.meticulousresearch.com or follow us on LinkedIn

Contact:

Mr. Khushal Bombe

Meticulous Market Research Pvt. Ltd.

1267 Willis St, Ste 200 Redding,

California, 96001, U.S.

USA: +1-646-781-8004

Europe: +44-203-868-8738

APAC: +91 744-7780008

Email- sales@meticulousresearch.com

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SOURCE Meticulous Market Research Private Limited

Florida’s largest family-owned wine and spirits retailer partners with the National Pediatric Cancer Foundation for the 14th consecutive year

ORLANDO, Fla., June 29, 2025 /PRNewswire/ — ABC Fine Wine & Spirits (ABC) is proud to continue its long-standing partnership with the National Pediatric Cancer Foundation (NPCF) and Constellation Brands for the 14th year in a row, raising funds to support lifesaving research for childhood cancer.

From June 29 to September 1, 2025, ABC guests can help make a difference in three ways:

  • Donate at checkout: Simply round up your purchase or donate more at checkout in any ABC store across Florida.
  • Purchase select brands: A portion of proceeds from participating brands including Kim Crawford, Ruffino, Unshackled, Saldo,The Prisoner, Harvey & Harriet, Casa Noble, Mi Campo, and Corona (Extra and Sunbrew)—will benefit the NPCF’s mission to fund less toxic, more effective treatments for pediatric cancer.
  • Make a direct donation: Donate online anytime at abcfws.com/nationalpcf.

“This partnership is about more than raising money—it’s about delivering hope,” said Dave Larue, Executive Vice President of Sales at ABC Fine Wine & Spirits. “In 2024, thanks to the incredible support of our guests and Constellation Brands, we raised $315,000, pushing our total contributions to more than $2.3 million to date.”

ABC is determined to continue making an impact and encourages guests to raise a glass—and a donation—in support of the 43 children diagnosed with cancer each day.

“We are so grateful for ABC Fine Wine & Spirits and Constellation Brands’ continued commitment to our mission,” said David Frazer, CEO of NPCF. “Fourteen years of partnership means 14 years of accelerating groundbreaking research and offering brighter futures to children across the country.”

To learn more about this campaign or make a donation, visit abcfws.com/nationalpcf or watch the video here: https://youtu.be/pKUQS1QgW9M

About ABC Fine Wine & Spirits
Founded in 1936 and still family-owned, Orlando-based ABC Fine Wine & Spirits operates 126 stores across Florida, offering an unmatched selection of wine, spirits, beer, and gourmet food.

About the National Pediatric Cancer Foundation
The National Pediatric Cancer Foundation® (NPCF) is a 501(c)(3) nonprofit dedicated to funding research and clinical trials to find less toxic, more effective treatments for childhood cancer. Their purpose is to reduce the side effects of current treatments, improve survival rates, and eliminate childhood cancer. Their collaborative research model includes more than 40 hospital partners and leading scientists, and since its inception, the NPCF has donated over $37 million to research and has funded over 28 project initiatives.

Media Contacts:
Mary Beth Lytle
Marketing Director
ABC Fine Wine & Spirits
mlytle@abcfws.com

Shelby Gehrdes
Marketing Director
National Pediatric Cancer Foundation
sgehrdes@nationalpcf.org

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SOURCE ABC Fine Wine & Spirits

BEIJING, June 28, 2025 /PRNewswire/ — At 5:30 am, the mudflats at the mouth of the Liao River in Northeast China’s Liaoning Province are still shrouded in mist. Jiang Shui, now 63 years old, stuffs his binoculars, water bottle, and dry food into his backpack, hops on his bicycle, and heads off with his water fork, rubber boat, and other tools for a special task – dismantling bird nets.

Jiang meets with other team members of a “flying squad” to begin their patrol. This is just another ordinary day for the volunteers at the Saunders’ Gull Conservation Society (SGCS), China’s first environmental NGO based in Panjin, Liaoning Province, operating with dedication for 34 years.

Located in Panjin, this area is home to the world’s largest reed coastal wetland, marking the southernmost limit of red-crowned crane breeding and is also the largest breeding ground for the Saunders’s gull, according to information provided by the SGCS.

The actions of the SGCS are part of a nationwide bird conservation campaign that the country is conducting for ecological preservation. China’s National Forestry and Grassland Administration (NFGA) recently held a special meeting to launch nationwide bird protection activities, including assisting relevant departments in crackdowns on illegal hunting and the trade of birds, and launching ecological civilization awareness campaigns.

Bird protection is an important component of Xi Jinping Thought on Ecological Civilization. The Party and government leaders attach great importance to bird conservation and have issued several critical instructions, emphasizing the importance of “implementation,” read an announcement on the website of the NFGA.

Under the guidance of Xi Jinping Thought on Ecological Civilization, China’s migratory bird protection efforts have achieved remarkable results in recent years. Awareness of biodiversity and bird protection has significantly improved across society, with a growing number of volunteers actively participating in bird protection activities.

A shared mission

Under the leadership of its president, 74-year-old Liu Detian, a “flying squad” and key organizations within the SGCS have become tenacious ecological sentinels.

According to Liu, the “flying squad” was initially a local mountaineering and cycling team. “They often found bird nets during their activities and would rescue trapped birds. In 2014, we officially incorporated them into the association to form a professional migratory bird protection team. Their primary mission is patrolling and quickly rescuing injured birds,” Liu said.

As president, Liu also participates in patrols. He explains that the team packs dry food and water but returns daily – no overnight stays. Dressed for hiking, sometimes with volunteer vests, they wear windproof gear, goggles, and gloves. Departures vary by season, often before dawn to arrive at daybreak.

Five years ago, Jiang retired from a state-owned enterprise and joined the squad. “The Panjin wetlands are abundant with bird resources. I love birds and find this work to be very meaningful.”

“The frequency of activities varies; sometimes we go several times a week, sometimes just once a week. We have a group, and whenever someone initiates an activity, we go together to patrol the wetlands and clear bird nets,” he told the Global Times.

Jiang vividly remembers each time he and his team members fulfilled the mission of rescuing precious birds. He narrated stories about escorting an injured Saunders’s gull to Tangshan in Hebei Province for treatment despite a 600-kilometer one-way trip during heavy rains, and a near-death yellow-legged gull having its head stuck in the mud while fishing. “I could tell you stories until midnight,” he said.

Since its establishment, the flying squad has tirelessly patrolled the wetlands, dismantled over 70 bird nets and rescued more than 300 trapped birds. The SGCS now has 40,000 volunteers.

Though winters in Liaoning are harsh, and migratory birds migrate south, it’s not off-season for the squad and the SGCS, as they shift their focus to habitat protection.

“Compared to poaching, wetland development is far more destructive. Poaching might harm dozens of birds, but the development of a wetland for other uses can destroy the habitat of thousands of birds,” Liu explained.

The SGCS also works closely with local government. In 2010, a 300,000-acre wetland development project quietly started during the Chinese New Year. However, SGCS volunteers noticed this project and immediately reported to local authorities.

“We contacted the head of the Ecology and Environment Bureau of Panjin and invited the media to the site. The bureau chief asked, ‘Did you conduct an environmental impact assessment?’ When the developers admitted they had not, the project was halted immediately,” Liu recalled.

Liu shared that after more than 30 years of consistent teamwork, Saunders’s gull conservation efforts have yielded remarkable results. In 2006, Panjin was awarded the “Hometown of the Saunders’s Gulls” title by the China Wildlife Conservation Association.

Meanwhile, other regions in China have also achieved success in protecting Saunders’s gulls. For instance, the population of Saunders’s gulls in the Yellow River Delta National Nature Reserve in East China’s Shandong Province, increased from 2,800 in 2013 to 8,676 in 2020, making it one of the largest breeding grounds for the species in China, according to CCTV.

Embracing new technologies

In addition to traditional methods like patrols and net dismantling, new technologies are incorporated into China’s bird protection.

“In recent bird protection projects, we installed monitoring equipment that allows for 24-hour monitoring from up to 100 kilometers away. This system enables us to fully observe the process from egg-laying and incubation to the fledging of chicks, and intervene as needed,” said Liu.

The solution to the problem of oriental white storks nesting on high-voltage transmission towers was largely made possible by new technology. Oriental white storks, which are under national first-class protection, nest on high-voltage transmission towers due to a lack of tall trees. Now artificial nests can be built to attract the storks to move away from the power towers, according to Liu.

Meanwhile, using drones for patrols, Internet Protocol technology, and remote monitoring, the efficiency of bird protection and addressing of the human-bird conflict have significantly improved. Many regions in China are advancing the use of new technologies to support bird conservation.

At Poyang Lake in East China’s Jiangxi Province, a smart management platform integrates high-definition cameras, sensors, and AI recognition, while drones are employed for efficient patrols and aerial monitoring across the entire area. Water levels are scientifically regulated using algorithmic predictions to optimize habitats. In Dianchi Lake, Kunming, Southwest China’s Yunnan Province, a combination of fixed cameras, drone patrols, and acoustic monitoring is utilized. These technologies effectively address the spatial and temporal limitations and manpower shortages of traditional monitoring methods, read an article on People’s Daily.

In addition to actively promoting new technologies, China has long been committed to raising public awareness in bird conservation. Since the beginning of this year, the NFGA has guided localities in organizing themed awareness campaigns such as “Bird-Loving Week” during the migratory seasons. These activities have attracted over 14 million participants, both online and offline, significantly enhancing public awareness, according to the NFGA.

“Thirty years ago, some still saw bird protection as ‘an unimportant task,’ but today, the situation has changed. Conservation work is highly respected across all sectors of society, and people are willing to lend a hand,” Liu added.

An expanding network

In recent years, many self-organized bird protectors have emerged in China. For example, in Changde, Central China’s Hunan Province, farmer Nie Luomin has been working in environmental protection and fighting illegal poaching for over a decade, and was recognized as an outstanding bird protection volunteer by the China Foundation for Rural Development, reported local media outlet Changde Daily. In Tianjin, photographer Wang Jianmin has been observing and protecting oriental storks for years, witnessing the changes in this precious species, The Paper reported.

In Liu’s opinion, grassroots bird conservation efforts in China have undergone profound changes in the past decade. A notable feature is the significant increase in participation. “Not only has our local rescue network flourished, but new conservation organizations have sprung up across the country, like mushrooms after rain.”

More importantly, a close network of connections has been established between conservation organizations nationwide. “This connection goes beyond just information sharing; it has promoted frequent technical exchanges. Cross-regional collaboration is more than just technical support; it is key to spreading advanced conservation ideas.”

Behind all this is a remarkable rise in the public awareness of environmental protection and bird conservation. The societal atmosphere of protection formed across the nation has been a crucial factor in the growth of rare bird populations, Liu emphasized.

According to the People’s Daily, in 2024, the number of overwintering waterfowl in China reached its highest recorded figure. However, illegal hunting and trade of birds and other wildlife species continue to occur in some areas, posing a threat to the safety of bird populations and other wildlife.

Since the beginning of this year, the NFGA has continuously strengthened the protection of bird habitats and the monitoring of overwintering waterfowl, as well as deploying law enforcement and regulatory oversight to protect migratory birds during their migration. The administration has led 11 departments in a joint operation aimed at combating illegal wildlife trade. Nationwide, 3,917 cases involving the destruction of bird and wildlife resources have been investigated, with 265 criminal groups dismantled, effectively deterring illegal activities. About 810,000 individuals have participated in patrolling key areas, removing 14,000 bird nets, according to the NFGA.

Looking ahead, the NFGA said it will issue a notice to further deepen bird protection activities, holding all parties accountable through enhanced law enforcement, improved monitoring networks, and increased public education efforts.

The momentum of volunteer protection efforts has never slowed down, and it continues to radiate new energy. Jiang has observed that many passionate young people are joining the “flying squad” and other conservation activities. These young volunteers are not only full of energy but also demonstrate a strong interest in systematic bird research and scientific protection methods.

Looking toward the future, the association has developed a clear blueprint for growth. Liu shared their plans, which include establishing larger environmental education bases to attract more people, especially young people, to come and experience ecological conservation.

“Now, the birds in Panjin are no longer afraid of humans; they even approach people on the streets. One day, there will no longer be a need for a “flying squad” across the country because everyone will already be a member,” Liu said.

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SOURCE Global Times

VANCOUVER, BC, June 27, 2025 /PRNewswire/ — GreenPower Motor Company Inc. (Nasdaq: GP) (TSXV: GPV) (“GreenPower” and the “Company”), a leading manufacturer and distributor of all-electric, purpose-built, zero-emission medium and heavy-duty vehicles serving the cargo and delivery market, shuttle and transit space and school bus sector, announces the closing of the fourth tranche of its previously announced secured term loan offering for an aggregate principal amount of U.S. $200,000 (collectively the “Loans“). Please refer to the Company’s news release dated May 13, 2025 for more details regarding the term loan offering.

In connection with the Loans, the Company entered into respective loan agreements with companies controlled by the CEO and a Director of the Company (the “Lenders“). Management anticipates that the Company will allocate the net proceeds from the Loans towards production costs, supplier payments, payroll and working capital.

The Loans are secured with a general security agreement on the assets of the Company subordinated to all senior debt with financial and other institutions and will bear interest of 12% per annum commencing on the date of closing (the “Closing Date“) to and including the date all of the Company’s indebtedness pursuant to the Loans is paid in full. The term of the Loans will be two years from the Closing Date.

As an inducement for the Loan, the Company issued 263,157 non-transferable share purchase warrants (each, a “Loan Bonus Warrant“) to one of the Lenders. Each Loan Bonus Warrant entitles the holder to purchase one common share of the Company (each, a “Share“) at an exercise price of U.S. $0.38 per Share for a period of twenty-four (24) months from the closing date of the Loan. In addition, one Lender will be issued an aggregate of 52,631 Shares (each a “Loan Bonus Share“).

The Lenders are each considered to be a “related party” within the meaning of Multilateral Instrument 61-101 Protection of Minority Security Holders in Special Transactions (“MI 61-101“) and each of the Loans and issuance of Loan Bonus Warrants and Loan Bonus Shares, as applicable, is considered to be a “related party transaction” within the meaning of MI 61-101 but each is exempt from the formal valuation requirement and minority approval requirements of MI 61-101 by virtue of the exemptions contained in section 5.5(a) and 5.7(a) as the fair market value, in each case, of the Loans, the Loan Bonus Warrants, and the Loan Bonus Shares, as applicable, is not more than 25% of the Company’s market capitalization.

All securities issued in connection with the Loans will be subject to a statutory hold period of four months plus a day from the closing of the Initial Loan in accordance with applicable securities legislation.

For further information contact:

Fraser Atkinson, CEO
(604) 220-8048

Brendan Riley, President
(510) 910-3377

Michael Sieffert, CFO
(604) 563-4144

About GreenPower Motor Company Inc.
GreenPower designs, builds and distributes a full suite of high-floor and low-floor all-electric medium and heavy-duty vehicles, including transit buses, school buses, shuttles, cargo van and a cab and chassis. GreenPower employs a clean-sheet design to manufacture all-electric vehicles that are purpose built to be battery powered with zero emissions while integrating global suppliers for key components. This OEM platform allows GreenPower to meet the specifications of various operators while providing standard parts for ease of maintenance and accessibility for warranty requirements. GreenPower was founded in Vancouver, Canada with primary operational facilities in southern California. Listed on the Toronto exchange since November 2015, GreenPower completed its U.S. IPO and NASDAQ listing in August 2020. For further information go to www.greenpowermotor.com 

Forward-Looking Statements

This news release includes certain “forward-looking statements” under applicable Canadian securities legislation that are not historical facts. Forward-looking statements are not based on historical facts, but rather on current expectations and projections about future events, and are therefore subject to risks and uncertainties which could cause actual results to differ materially from the future results expressed or implied by the forward-looking statements. These statements generally can be identified by the use of forward-looking words such as “upon”, “may”, “should”, “will”, “could”, “intend”, “estimate”, “plan”, “anticipate”, “expect”, “believe” or “continue”, or the negative thereof or similar variations. Forward-looking statements in this news release include, but are not limited to, statements with respect to the expectations of management regarding the use of proceeds of the Loan. Although the Company believes that and the expectations reflected in the forward-looking information are reasonable, there can be no assurance that such expectations will prove to be correct. Such forward-looking statements are subject to risks and uncertainties that may cause actual results, performance or developments to differ materially from those contained in the statements including that the proceeds of the Loan may not be used as stated in this news release, and those additional risks set out in the Company’s public documents filed on SEDAR+ at www.sedarplus.ca and with the United States Securities and Exchange Commission filed on EDGAR at www.sec.gov. Although the Company believes that the assumptions and factors used in preparing the forward-looking statements are reasonable, undue reliance should not be placed on these statements, which only apply as of the date of this news release, and no assurance can be given that such events will occur in the disclosed time frames or at all. Except where required by law, the Company disclaims any intention or obligation to update or revise any forward-looking statement, whether as a result of new information, future events, or otherwise.

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 release. ©2025 GreenPower Motor Company Inc. All rights reserved.

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SOURCE GreenPower Motor Company

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