PR in the Philippines

- The implementation of streamlined approval procedures for Hong Kong- and Macao-registered proprietary Chinese medicines (“pCms”) by mainland China presents significant opportunities for Hong Kong companies to expand into the Greater Bay Area and other mainland market.- A unified and comprehensive registration system strengthens the quality control of Hong Kong's pCms, reinforcing confidence among other regulatory bodies and stakeholders.- Hong Kong's first Chinese medicine hospital will gradually commence operations by year end. This will help promote the popularity of Chinese medicine and pCms.HONG KONG, July 24, 2025 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Trade Development Council (“HKTDC”) today released a report, "Challenges and Opportunities in Hong Kong's Proprietary Chinese Medicine Industry," that analyses the sector’s development, challenges, and export potential of Hong Kong’s pCm sector. With the completion of the transitional registration process for pCms in June this year, all pCms sold in Hong Kong now hold formal registration, marking a new era in the regulatory regime. The Chinese Medicine Hospital of Hong Kong is set to begin operations by late 2025 further popularising pCms. Additionally, mainland China has streamlined approval procedures for Hong Kong-registered traditional pCms, creating easier access to the mainland market.Hong Kong’s pCms enjoy a strong reputation, with streamlined registration procedures facilitating expansion into the Mainland marketHong Kong currently has approximately 2,000 companies involved in pCms and Chinese herbal medicine-related businesses, including import/export trade, manufacturing, wholesale and retail. Among these, some 264 enterprises are listed as local pCm manufacturers. The majority of pCms produced in Hong Kong are geared toward the consumer market. In 2024, Hong Kong’s pCm exports totaled HK$2.88 billion with 93% locally produced, setting the industry apart from re-export-driven sectors. Mainland China remains the largest export market, accounting for over 70% of exports, followed by Macao (20%), and ASEAN (6%).Wing Chu, Principal Economist (Greater China) of the HKTDC, stated: "Many Hong Kong proprietary Chinese medicines companies are eager to expand exports especially to the mainland market although pCm imports in mainland China are relatively small, with different pCms registration system and technical standards from those of Hong Kong. Notably, Hong Kong’s pCms are highly regarded in Southern China and overseas Chinese communities, and streamlined approval procedures in mainland China for traditional pCms of Hong Kong and Macao offer significant opportunities for Hong Kong businesses to expand into the Greater Bay Area and other mainland markets. Additionally, the rise of online shopping enables companies to leverage cross-border e-commerce platforms to access mainland and overseas markets, provided they comply with the corresponding regulatory requirements.”Comprehensive registration system drives standardisation of Chinese medicineThe report indicates that, in recent years, the HKSAR Government has actively promoted the development of Chinese medicine. Key initiatives include the establishment of the Chinese Medicine Council of Hong Kong to oversee the registration and management of pCms, and continuous support for Chinese medicine services in areas such as education, medical treatment, and scientific research. These efforts have enabled Hong Kong to cultivate professional Chinese medicine talent and promote the modernisation of Chinese medicine. Earlier this month, some 345 Hong Kong enterprises, including traders, registered a total of 8,244 pCms.The report states that a unified and comprehensive registration system enhances the quality control of Hong Kong's pCms, further increasing the confidence of other regulatory bodies and stakeholders in these products. Hong Kong's first Chinese medicine hospital is set to open in late 2025, providing comprehensive diagnostic and treatment services with Chinese medicine, which will drive the popularisation of Chinese medicine and pCms.In addition, Hong Kong pCm companies and local universities are committed to developing new pCms to further expand the market. Recently, the Centre for Chinese Herbal Medicine Drug Development at Hong Kong Baptist University (HKBU), funded by the Innovation and Technology Commission of HKSAR Government under the InnoHK Research Clusters, developed a novel drug, CDD-2101, for the treatment of chronic constipation. The innovation is based on previous pilot clinical studies and basic research on the traditional Chinese herbal formulation "MaZiRenWan”. For the first time, it has received authorisation for clinical research in the United States.Prof. BIAN Zhaoxiang, Director of the Centre for Chinese Herbal Medicine Drug Development and Associate Vice-President (Clinical Chinese Medicine) at HKBU, said: "Our goal is to collect sufficient safety and efficacy data to obtain FDA approval for CDD-2101 as a marketable new drug and successfully launch it in the United States. This represents not only a major breakthrough in the research and development of Chinese medicine in Hong Kong but also an important step in driving the standardisation and internationalisation of Chinese medicine.”Mainland market surpasses RMB450 billionMainland China, the world's largest pCm market valued at RMB450 billion, streamlined registration and approval procedures in 2021 for traditional pCms for external use being sold in Hong Kong and Macao. In January 2025, the National Medical Products Administration further simplified the approval process for traditional pCms for oral use, provided they have been in use in Hong Kong for more than 15 years and whose production processes comply with Good Manufacturing Practice (GMP) requirements. Relevant application materials and technical requirements were also released in April this year. The report notes that the implementation of the streamlined registration procedures opens a more convenient channel for Hong Kong companies to expand into the Greater Bay Area and other mainland markets.The recognition and acceptance of pCms differ across overseas regions. In many international markets, pCms are categorised and regulated as herbal medicines, health foods or dietary supplements. However, many Southeast Asian countries have specific, similar legal requirements for pCms, providing a clear pathway to enter these markets.The rapid growth of global e-commerce has created new sales channels for Hong Kong’s pCms through cross-border e-retail. For the mainland market, the report points out that certain pCms for external use, such as Chinese medicinal wines and cooling oils, have been incorporated in the Cross-border E-commerce Retail Import Commodity List, allowing relevant products to be sold to mainland China through cross-border e-commerce channels.In overseas markets, the e-commerce retail sector in ASEAN is experiencing significant growth, fueled by robust demand for herbal and health-related products in local markets. By adhering to local regulations, Hong Kong pCm enterprises can capitalise on additional business opportunities through online channels.Annual Chinese Medicine Conference to Share Latest Research FindingsTo foster the development of the Chinese medicine industry, the International Conference of the Modernization of Chinese Medicine & Health Products will be held at the Hong Kong Convention and Exhibition Centre from 15 to 16 August 2025. The conference is jointly organised by the Modernized Chinese Medicine International Association, the HKTDC and 10 scientific research institutions. During the event, 21 scholars and experts from medical schools, research institutions, pharmaceutical companies and organisations from mainland China, Hong Kong, Malaysia and Thailand will discuss the latest research progress in the prevention and treatment of tumors, inflammation, and cardiovascular and cerebrovascular diseases using traditional medicine. They will also present a number of related clinical research results and share successful cases. For more details, please visit: https://www.hktdc.com/event/icmcm/en.Report and photo download: https://bit.ly/45kCaXuThe HKTDC today released its research report, "Challenges and Opportunities in Hong Kong's Proprietary Chinese Medicine Industry." Pictured from left are Wing Chu, Principal Economist (Greater China Research Team) at the HKTDC, and Prof. Bian Zhaoxiang, Director of the Centre for Chinese Herbal Medicine Drug Development at Hong Kong Baptist UniversityWing Chu, Principal Economist (Greater China Research Team) at the HKTDC, pointed out that mainland China has streamlined the approval procedures for eligible traditional proprietary Chinese medicines from Hong Kong and Macao, providing more opportunities for Hong Kong businesses to expand into the Greater Bay Area and mainland marketsProf. Bian Zhaoxiang, Director of the Centre for Chinese Herbal Medicine Drug Development at HKBU, stated that the university’s earlier development of a novel drug for chronic constipation is based on an ancient Chinese herbal formulation and was authorised for clinical research in the United States for the first time. This marked an important step in driving the standardisation and internationalisation of Chinese medicineMedia EnquiriesOgilvy Public RelationsChole ChanTel: (852) 6809 6633Email: chloe.chan@ogilvy.comLeanne PokTel: (852) 9379 9694Email: leanne.pok@ogilvy.comHKTDC's Communications and Public Affairs DepartmentStanley SoTel: (852) 2584 4049Email: stanley.hp.so@hktdc.orgSerena CheungTel: (852) 2584 4272Email: serena.hm.cheung@hktdc.orgClayton LauwTel: (852) 2584 4472Email: clayton.y.lauw@hktdc.orgMedia Room: http://mediaroom.hktdc.comAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong’s trade. With 50 offices globally, including 13 in Mainland China, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus.  Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, July 24, 2025 - (ACN Newswire via SeaPRwire.com) - Quantum Solutions Co.,Ltd. (2338.T), a Tokyo Stock Exchange-listed company, announced the official launch of its Bitcoin treasury initiative in 23rd July. Over the next 12 months, the company plans to gradually build a reserve position of up to 3,000 Bitcoins (BTC) as part of a broader long-term strategy to diversify its corporate treasury assets. The initiative will be managed and executed by its wholly owned Hong Kong subsidiary, GPT Pals Studio Limited, and will begin with an initial investment of USD 10 million provided by international investment firm Integrated Asset Management (Asia) Limited.This marks Quantum Solutions’ first public move into digital asset allocation. The company views Bitcoin as a long-term, strategic reserve instrument and will implement the plan in phases to ensure proper risk control and financial governance. The 3,000-BTC target will be pursued in stages, with procurement timing and scale subject to prevailing market conditions, capital availability, and regulatory context.Integrated Asset Management (Asia) is a Hong Kong-based investment company that led the acquisition of Forbes Media in 2014. The firm, founded by Tak Cheung Yam, specializes in public and private equity investments. Mr. Yam, through its controlled entities, including Integrated Asset Management (Asia), is a major shareholder of Forbes Media, with the Forbes family retaining a minority stake. Integrated Asset Management’s engagement in this initiative underscores a growing institutional openness toward incorporating Bitcoin within modern corporate treasury considerations.The operational responsibility for the Bitcoin reserve project lies with GPT Pals Studio Limited, which has begun establishing a secure and auditable digital asset infrastructure, including segregated cold and hot wallet systems, internal controls, and accounting mechanisms. The company’s board and audit committee will provide periodic oversight of the portfolio’s valuation, exposure, and governance, in accordance with applicable regulatory and accounting standards.At current market prices, the target reserve of 3,000 BTC would be equivalent to approximately JPY 53.8 billion (USD 350 million). The company clarified that this is a long-term positioning effort rather than a short-term speculative activity and that it intends to align asset deployment with financial stability and shareholder value.“We are uniquely positioned to build a Bitcoin-first capital structure. Our goal is not only to accumulate Bitcoin, but to do so with institutional-grade discipline,” said Francis Zhou, CEO of Quantum Solutions. “We are in advanced discussions with top-tier asset managers, sovereign wealth allocators, and fintech leaders to scale our treasury roadmap responsibly and rapidly.”Globally, an increasing number of public companies and institutional investors are adopting Bitcoin as a hedge against inflation and monetary policy risk. Quantum Solutions’ initiative places it among a growing group of companies taking early steps toward integrating blockchain-based assets into their financial frameworks. The decision to leverage Hong Kong as the operational base reflects confidence in the region’s infrastructure, policy clarity, and gateway role for global capital engagement.Tak Cheung Yam, founder of Integrated Asset Management Limited, shared his perspective on Quantum Solutions: "Quantum Solutions demonstrates a clear strategic vision and determination. I see compelling potential in their approach to building a significant Bitcoin treasury, and I look forward to supporting their efforts in unlocking institutional pathways and capital alignment. It's a timely opportunity for firms with global ambition and focused execution."This launch represents a significant development in Quantum Solutions’ broader capital strategy, transitioning from a traditional AI and tech solutions provider to an enterprise with a forward-looking, diversified financial architecture. The company will continue to explore ways to enhance its treasury structure by evaluating new asset classes and cross-border capital tools that strengthen its long-term balance sheet resilience.If the Bitcoin reserve program generates a material impact on the company’s financial performance in the future, disclosures will be made in accordance with Tokyo Stock Exchange regulations and financial reporting requirements.About Quantum Solutions Co., Ltd.Quantum Solutions Co., Ltd. (Tokyo Stock Exchange: 2338.T) is a Tokyo-based high-growth technology company specializing in artificial intelligence, big data analytics, and blockchain-related innovation. Founded in 2004 and listed on the Tokyo Stock Exchange, the company delivers advanced technology solutions across a range of industries, including fintech, healthcare, and smart manufacturing. In its financial year ended 28 February 2025, Quantum Solutions reported approximately USD 4.7 million in revenue and is currently holdings over several trademarks and patents in games. For more information, please visit: https://www.quantum-s.co.jp/en/corporate Forward-Looking StatementsThis press release contains forward-looking statements based on information currently available to the company and certain assumptions regarding future events and expectations. These statements are subject to various risks and uncertainties—including but not limited to changes in policy, market conditions, technological developments, and regulatory factors—that could cause actual results to differ materially from those expressed or implied in such statements. Existing and prospective investors are advised to consider potential risks carefully and not to place undue reliance on any forward-looking statements contained herein. Such statements speak only as of the date of this release. Unless required by law, the company undertakes no obligation to update or revise any forward-looking statements in light of new information, future events, or other circumstances.For further enquiries, please contact:Hong Kong/International:Mr. Steven TungEmail: steven.tung@quantum-s.co.jpJapan:Ms. Linda PengEmail: linda.peng@quantum-s.co.jp Copyright 2025 ACN Newswire via SeaPRwire.com.

DUBAI, July 21, 2025 - (ACN Newswire via SeaPRwire.com) - 31 Concept (31C), a technology startup specializing in advanced network intelligence and traffic visibility solutions, today officially announces its emergence from stealth mode. Following a successful $6 million pre-seed funding round in December 2024, the company has grown to a team of 35 world-class professionals and quietly achieved several critical milestones, including the development of its flagship platform designed to enhance digital sovereignty, cyber defense, and national infrastructure visibility.31 Concept Next-Gen Network IntelligenceOver the past several months, 31C has operated in stealth while building a groundbreaking platform that enables real-time inspection and classification of network traffic - even when encrypted. This advanced solution is engineered to help governments, regulators, law enforcement agencies, and large enterprises gain deep visibility into digital communications and infrastructure activity. It combines high-performance packet-level analytics with AI-driven intelligence.At the ISS Asia 2025 Conference, taking place the first week of September in Singapore, 31 Concept will publicly debut its platform for the first time in a closed-door session dedicated to government, regulatory, and law enforcement audiences. This presentation will include a live demonstration, showcasing how 31C's technology provides deep, actionable insights critical for national and digital security."We've spent the past year building in silence, and now we're ready to show the world what we've been working on," said Misha Hanin, CEO of 31 Concept. "Our mission is to enable the guardians of digital infrastructure to reclaim visibility and control-especially in a world dominated by encryption, fragmentation, and geopolitical uncertainty."The $6 million in initial funding (Pre-seed) came from a mature strategic investor who shared the company's vision and long-term approach to innovation. Since then, 31C has successfully delivered multiple technical and business milestones, validating the platform's real-world applicability.Pioneering Research Through 31C Research DivisionAt the core of 31C's long-term innovation strategy lies its dedicated research division - 31C Research. This division operates at the intersection of science and technology, bringing together a global team of PhDs in quantum cryptography, professors in mathematics, and hands-on experts in cybersecurity, networking, and artificial intelligence.Unlike traditional R&D teams, 31C Research isn't just focused on product development; it is tasked with pushing the boundaries of what's possible in intelligent traffic analysis, encrypted data interpretation, and quantum-resistant security frameworks. The division is already contributing to advanced studies in post-quantum cryptography, secure communications, and AI-augmented traffic inspection.In line with the company's commitment to give back to the global tech community, 31C Research will also begin open-sourcing selected internal tools and research assets on GitHub, supporting collaboration, transparency, and educational initiatives across the cybersecurity ecosystem."Our research arm reflects our belief that fundamental breakthroughs come when rigorous science meets real-world urgency," said Boriss Heismann, CTO of 31C. "We're not just building for now-we're building for the next era of cybersecurity and digital defense."Contact InformationMisha HaninCEOmisha.hanin@31c.ioSOURCE: 31 Concept Copyright 2025 ACN Newswire via SeaPRwire.com.

Over 100 attendees gathered at Suntec Singapore Convention & Exhibition Centre forONERHT Foundation’s 8th GAIL Forum 2025Forum featured high-level discussions on a wide range of topics including green leadership,ESG regulatory frameworks, carbon markets as well as the role of artificial intelligence (AI) inadvancing a sustainable futureSINGAPORE, July 24, 2025 - (ACN Newswire via SeaPRwire.com) - ONERHT Foundation Ltd (“Foundation”), the corporate social responsibility vehicle of RHTLaw Asia LLP and the RHT Group of Companies (collectively, “ONERHT”), successfully concluded its 8th edition of Greening ASEAN: Initiatives & Leadership (GAIL) Forum which was held on 22 July 2025 at Suntec Singapore Convention & Exhibition Centre.Photo by Ministry of Culture, Community and Youth (MCCY)The forum, themed “Industry, Business, and Regulatory Perspectives on Climate Mitigation and Adaptation,” welcomed over 100 participants, and featured a focused half-day programme of discussions and knowledge exchange.Ms.Low Yen Ling, Senior Minister of State, Ministry of Culture, Community and Youth & Ministry of Trade and Industry graced the event as Guest-of-Honour, delivering a keynote address.Ms.Kaylee Kwok, Chairman of ONERHT Foundation, said, “At GAIL 2025, we saw a powerful convergence of actionable insights and strategies from business and industry leaders as well as sustainability domain experts. These dialogues reflect the Foundation’s commitment in facilitating meaningful conversations that help shape ASEAN’s sustainable development journey.”The programme featured a dynamic fireside chat on “The Future of Green Leadership in ASEAN – How Businesses and Professional Services Can Drive Impact,” which explored real-world case studies on leadership models which aimed to drive sustainability agendas in corporate and professional spheres.A presentation on “Navigating ASEAN’s Green Transition: Legal and Policy Pathways” provided delegates with a comprehensive update on ASEAN’s progress in carbon markets under the Paris Agreement, key developments in ASEAN’s transition and disclosure frameworks, the evolution of corporate responsibility in the context of directors’ duties and climate justice in ASEAN.The session on “Developing and Investing in Carbon Markets in Asia: Business and Regulatory Perspectives” explored the current state of carbon markets in the region, investment opportunities and financial mechanisms, as well as the evolving legal frameworks, standards, and methodologies shaping carbon trading across Asia.Ms.Ch’ng Li-Ling, Director of RHT GRACE Institute, said, “Embedding sustainability into core governance, risk and compliance frameworks is essential. Our conversations today demonstrate that ESG is now foundational for the long-term success of any business.”Since its 2018 launch, the ONERHT Foundation GAIL Forum has grown as a central platform for catalysing sustainable development across ASEAN. With the Foundation marking its 10th anniversary this year, GAIL continues to reinforce cross-sector collaboration, capacity-building, and sustainability leadership in the region. To date, ONERHT Foundation has raised more than S$5.5 million to support over 35 charitable organisations.ONERHT Foundation LtdA Singapore registered charity and grant-making philanthropic organisation, ONERHT Foundation Ltd (“Foundation”) enables RHTLaw Asia LLP and the RHT Group of Companies (collectively, “ONERHT”) to do right and do good through various charitable endeavours. Set up by ONERHT in 2015, the Foundation was registered as a Singapore charity by the Commissioner of Charities and a grant-making philanthropic organisation by the Inland Revenue Authority of Singapore on 16 September 2016 and 28 November 2016 respectively. The Foundation seeks to establish, inspire and encourage the right philanthropic culture among the corporate and legal fraternity of giving back to the community in a focused, hands-on and meaningful manner. Since its inception, the Foundation has raised more than S$5.5 million to support more than 35 beneficiaries involved in education, the environment protection and sustainability, disadvantaged groups as well as the arts and sports.For more information, please visit www.onerht.foundationRHT GRACE Institute LtdRHT GRACE Institute (“RGI”) is a social enterprise launched by ONERHT Foundation Ltd in 2020. RGI seeks to establish a culture and creed of raising consciousness, encouraging ethical leadership, and growing a community of values-aligned mindfully ethical leaders, professionals, and businesses. The mission of RGI is anchored on the core principles based on Governance, Risk, AML, Compliance & ESG (G.R.A.C.E.) within an organisation’s business model, infusing these into its culture, and influencing and impacting leaders, professionals and individuals by setting a precedent and standard for what is expected in decision making and behaviour. The vision of RGI elevates an organization from good to great, embedding its principles in members’ business models, organizational strategy and decision-making processes and influencing them to become custodians and champions of G.R.A.C.E. principles.RGI runs the podcast “EthBeats: Lessons in G.R.A.C.E.ful Living”.For media enquiries, please contact:Melody Ong Email:  melody@waterbrooks.com.sg +65 8901 9780General enquiriesEmail: query@waterbrooks.com.sg +65 9338 8166  Copyright 2025 ACN Newswire via SeaPRwire.com.

SAN DIEGO, July 23, 2025 - (ACN Newswire via SeaPRwire.com) - Denmark and the NATO Support and Procurement Agency (NSPA) have announced the procurement of four MQ-9B SkyGuardian® Remotely Piloted Aircraft (RPA) from General Atomics Aeronautical Systems, Inc. The purchase includes three Certified Ground Control Stations.Stacy A. Cummings, NSPA General Manager (third from left), with GA-ASI representatives (from left to right) Chris Dusseault, David Alexander, Linden Blue, Christophe Fontaine, Aria Mahdion and Bart Roper at the Royal International Air Tattoo (RIAT).Denmark joins a growing list of European countries that have selected MQ-9B for its multi-domain capabilities with exceptionally long range and endurance. The platform provides pole-to-pole satellite control and de-icing capabilities to enable missions in the harsh conditions of the Arctic in support of Denmark and its NATO Allies. Additionally, MQ-9B's in-house-developed Detect and Avoid System aids MQ-9B's ability to fly in unsegregated airspace for domestic civilian operations, making it highly versatile for operations from Denmark.MQ-9B recently became the first large remotely piloted aircraft to obtain a Military Type Certificate (MTC) from the UK's Military Aviation Authority, certifying its safe operation without geographic restrictions, including over populous areas."It's been a very productive year for our MQ-9B platforms," said GA-ASI President David R. Alexander. "First, we earned MTC and now we've added Denmark to the U.K., Belgium, and Poland as MQ-9B customers in Europe. I believe the extensive waters of the North Sea, Norwegian Sea, and Baltic Sea of the Nordic countries make the MQ-9B a very effective tool for national maritime surveillance and security."MQ-9B SkyGuardian is the first and only unmanned system to offer multi-domain Intelligence, Surveillance, Reconnaissance, and Targeting (ISR&T) as an internal payload that can search the ocean's surface and its depths in support of Fleet Operations. MQ-9B can also be fitted with a number of payloads including a maritime surveillance package with a 360-degree maritime radar and/or sonobuoy dispensing pods.This sale was aided and supported by NSPA, which has developed a contractual framework for supporting cooperation amongst its member nations and promoting the proliferation of MQ-9B in Europe. NSPA has added MQ-9B to its portfolio of defense systems to contract on behalf of European nations, with the goal of enhancing interoperability while facilitating training and joint operations."This procurement demonstrates how NSPA enables efficient, effective and responsive multinational acquisitions for advanced, interoperable capabilities. We are proud to support Denmark in this strategic investment for national maritime surveillance and security," said Ms. Stacy A. Cummings, NSPA General Manager.About GA-ASIGeneral Atomics Aeronautical Systems, Inc. is the world's foremost builder of Unmanned Aircraft Systems (UAS). Logging more than 8 million flight hours, the Predator® line of UAS has flown for over 30 years and includes MQ-9A Reaper®, MQ-1C Gray Eagle®, MQ-20 Avenger®, and MQ-9B SkyGuardian®/SeaGuardian®. The company is dedicated to providing long-endurance, multi-mission solutions that deliver persistent situational awareness and rapid strike.For more information, visit www.ga-asi.com.Avenger, EagleEye, Gray Eagle, Lynx, Predator, Reaper, SeaGuardian, and SkyGuardian are trademarks of General Atomics Aeronautical Systems, Inc., registered in the United States and/or other countries.Contact InformationGA-ASI Media Relationsasi-mediarelations@ga-asi.com(858) 524-8101SOURCE: General Atomics Aeronautical Systems, Inc.Related Images Copyright 2025 ACN Newswire via SeaPRwire.com.

HONG KONG, July 23, 2025 - (ACN Newswire via SeaPRwire.com) - Yimutian Inc., a leading B2B digital service provider for agricultural products in China, filed a prospectus with the U.S. Securities and Exchange Commission (SEC) on June 9, seeking to list on Nasdaq under the ticker symbol YMT. The offering price range is set at $4.10 to $5.00 per share, and aiming to raise up to $20 million. Chairman Jinhong Deng and his team are currently conducting a roadshow in the U.S., showcasing Yimutian's unique business model and its profound impact on Chinese agriculture, with the listing expected to be completed by the end of July.Founded in 2011, Yimutian has evolved from a basic information service platform into a comprehensive digital agriculture enterprise covering the entire agricultural supply chain. To date, it has served over 56 million users and  attracted investments from top-tier firms such as Sequoia Capital, Yunfeng Capital, and DST Global. Today, it stands as the leading agricultural internet company in China.According to its prospectus, Yimutian is the largest agricultural B2B platform in mainland China in terms of monthly active merchants in 2024. Its core business revolves around the Yimutian app, a digital platform connecting supply and demand for agricultural products. The app primarily serves farm-origin brokers, wholesale market buyers, supermarkets, and e-commerce platforms.Agricultural brokers form a key user base for Yimutian a reflection of the unique dynamics of Chinese agriculture. According to the USDA's 2022 Agricultural Census,the U.S. has approximately 1.9 million family farms covering 880 million acres,with an average farm size of 463 acres and sales primarily through direct channels.In stark contrast, China's agricultural landscape is dominated by smallholder farmers: more than 98% of farmers cultivate over 70% of the country's farmland, with per capita arable land standing at just 0.5 acres. This fragmented, non-standardized production system creates a critical role for brokers, who connect farmers and buyers, managing sourcing, preparation, and logistics. Estimates suggest there are approximately 6 million such farm brokers in China.So far, nearly 800,000 of these brokers are already active on the Yimutian platform - a number that continues to grow annually. Many brokers pay for exposure through ads and verification services, generating revenue for the company. Thanks to its stable internet-driven business, Yimutian reported 2024 revenue of RMB 160 million (approximately $22 million).The market potential is immense. According to Frost & Sullivan, China's primary agricultural product circulation reached RMB 5.5 trillion (around $760 billion) in 2024. As new consumption trends such as e-commerce and group buying reshape the market, more brokers are sourcing directly from production areas - creating fresh opportunities for digitized brokerage services.In 2024,to meet the growing demand for professional and standardized brokerage services, Yimutian launched its offline chain store brand 'Wolaicai'. Leveraging 14 years of accumulated buyer channels and market data, the company uses digital tools, the internet,and Al to redesign a more standardized and efficient brokerage process.These stores provide buyers with nationwide sourcing, accurate market insights, professional fulfillment,and reliable after-sales services.Wolaicai's model is reminiscent of Beike (KE Holdings), the NYSE-listed real estate brokerage platform, though focused on agriculture rather than housing. Like Beike, Wolaicai aims to standardize and scale the brokerage industry. Dozens of Wolaicai stores have already opened across China, with more in the pipeline.Beike, at its peak, achieved a market capitalization exceeding $60 billion, serving 46,000 stores and about 500,000 agents. The agricultural brokerage sector dwarfs this in terms of agent numbers and transaction volumes. Farm brokers typically earn commissions of 5% or more - significantly higher than the 1-3% seen in real estate - and transaction frequency is far greater. With its deep digital roots and robust data assets, Wolaicai is positioned to unlock substantial growth in this trillion-dollar market.Currently, Chinese agricultural companies listed in the U.S.are primarily traditional input suppliers or livestock enterprises.Yimutian stands out as the only internet-based company covering China's entire agricultural supply chain. This positions it to fully apitalize onChina's policy support for rural development and to lead in discovering and driving innovative business opportunities.Yimutian's listing marks a significant milestone for Chinese digital agricultural technology companies on the global stage.It offers global investors an unprecedented opportunity to participate in China's booming rural revitalization efforts and share in the value growth of China's agricultural modernization.Contact: pr-team@intelligentjoy.com Copyright 2025 ACN Newswire via SeaPRwire.com.