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Chinese Tycoon Ren Li Honored As Responsible Business Leader At Asia Corporate Excellence & Sustainability (ACES) Awards 2024

Letright Corporation Founder recognized for his commitment to sustainable practices, ethical integrity, and impactful leadership.
BANGKOK, THAILAND – Media OutReach Newswire – 5 December 2024 – Ren Li, the visionary founder of Letright Corporation, was awarded the Responsible Business Leader title at the prestigious ACES Awards 2024. His recognition highlights his pioneering efforts in integrating sustainability into business operations and his unwavering commitment to ethical governance and community welfare.
The award ceremony, held on November 14, celebrated leaders who exemplify sustainable practices and ethical integrity. Ren Li’s journey began in 1999 when he founded Letright Corporation, tapping into China’s burgeoning furniture market. His commitment to sustainability was evident as early as 2001 when he ceased the production of wooden patio umbrellas, driven by a sense of responsibility and love for the planet, rather than external pressures. Letright embraced these values even before the Paris Agreement in 2015.
Under Ren Li’s leadership, Letright has consistently pushed the boundaries of innovation. In 2001, Letright revolutionized the industry by mass-producing solar lights, laying a strong foundation in photovoltaic technology. By 2007, the introduction of Polywood, a wood-effect material, further reduced wood usage, balancing sustainability with business success. In 2016, Letright adopted eco-friendly technology to create wood-effect finishes on non-wood outdoor furniture, satisfying consumer demand while expanding market share.
In his acceptance speech, Ren Li expressed gratitude to his team at Letright Industrial Corp., Ltd., and his family, especially his daughter, for their unwavering support. He also acknowledged the ACES platform for fostering a community of leaders dedicated to sustainable development.
Ren Li highlighted Letright’s innovations, such as the Solaryard Smart Pergola launched in 2023, which is pivotal in enriching outdoor living while contributing substantially to sustainable development. This groundbreaking product addresses outdoor challenges and transforms spaces into vibrant, energy-efficient environments. He noted that the market for smart pergolas is projected to exceed 100 million units over the next decade, potentially generating 200 billion kilowatt-hours of electricity and significantly reducing global carbon emissions.
He concluded by reaffirming his belief that businesses have a responsibility to drive economic progress while protecting the planet and communities. He urged entrepreneurs to embrace sustainability as a necessity for creating a future where people and nature thrive together. “Thank you all for your support and belief that business can and should be a force for good. Let us continue to lead with purpose, inspire others, and create brighter, sustainable solutions for the challenges that lie ahead. Together, we can reshape the future of global business and the environment,” Ren Li stated.
Hashtag: #LetrightCorporation #ACESAwards2024 #ResponsibleBusinessLeader #Sustainability
The issuer is solely responsible for the content of this announcement.
About Letright Corporation
Founded in 1999 by Ren Li, Letright is a fully integrated outdoor furniture company offering comprehensive solutions in design, R&D, manufacturing, and sales. The company holds over 1,000 product patents and has received numerous international design awards, including IF and Red Dot. With a presence in over 70 countries, Letright has established strategic partnerships with major retailers worldwide, known for its exceptional product design and market insights.
Committed to becoming a global leader in outdoor living through innovation and sustainability, Letright has embraced eco-friendly materials and technologies, moving away from solid wood to sustainable alternatives. In 2023, Letright launched the Solaryard Smart Pergola, a revolutionary product enabling year-round outdoor enjoyment with negative carbon emissions. This dedication to excellence and environmental stewardship is encapsulated in its mission: “Better outdoor living, happier human beings.”
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Luxshare Precision Announces 2025 Interim Results, IPO in Hong Kong Further Expands Global Competitiveness
The three major business sectors grew in coordination, all achieving year-on-year increases.
Nowadays, Luxshare Precision has established a strategic framework for the coordinated development of its three major business segments: Consumer Electronics, Communications and Data Center, and Automotive Electronics.
The consumer electronics segment, serving as the company’s revenue foundation, performed steadily. It achieved income of RMB 97.799 billion in the first half of 2025, a year-on-year increase of 14.32%. As the consumer electronics industry enters a new innovation cycle driven by AI, Luxshare Precision has successfully introduced multiple new product projects and continues to deepen cooperation with customers in emerging fields, such as AR/VR, consumer-grade 3D printing and robotics. On July 19, the Luxshare Robotics Headquarters Base project commenced construction, aiming to put into operation by the end of 2025. Once fully operational, it is expected to generate an annual output value of RMB 10 billion.
The communications and data center sector achieved revenue of RMB 11.098 billion in the first half, a year-on-year increase of 48.65%. The company possesses deep technological accumulation in data centers, providing customers with products and services ranging from high-speed copper cable interconnection (DAC/ACC, etc.), high-speed backplane connectors to high-speed optical modules, and integrated “copper, optical, electrical, thermal” solutions. Currently, multiple high-speed, high-value-added products from Luxshare Precision are being delivered in batches.
The automotive electronics also performed well, achieving income of RMB 8.658 billion, a significant year-on-year increase of 82.07%. The Tier 1 automotive business has gained recognition from multiple global mainstream automakers. Currently, the automotive business is in a rapid development phase, having established vertical integration capabilities from key automotive components to functional modules and system integration. Its product portfolio continues to enrich, and the customer base is continuously expanding.
Strategic acquisitions of two companies in the first half of the year to enhance diversified deployment
In the first half of the year, through a series of strategic acquisitions, Luxshare Precision continued to strengthen its technological capabilities and market position. At the beginning of the year, Luxshare Precision announced the acquisition of all shares in certain subsidiaries of Wingtech Technology. Through this acquisition, Luxshare Precision can expand its ODM scale and competitiveness. Leveraging Wingtech’s over 20% market share in the global mobile phone ODM market, it can provide vertical integrated ODM services to leading downstream brands, such as Samsung and Xiaomi. In July, Luxshare Precision’s Singapore subsidiary completed the acquisition of a 50.1% stake in Leoni AG,the century-old German automotive wiring harness company. Along with 100% ownership of its wholly-owned subsidiary Leoni K. Leoni’s global production bases will provide localized production capacity support, enabling Luxshare Precision to effectively enter the supply chains of global top-tier automakers.
Submitting Hong Kong IPO application to ride the tailwind of international capital markets
Notably, Luxshare Precision officially submitted a listing application to the Hong Kong Stock Exchange on August 18, 2025, marking a key step in its international strategic expansion. The Hong Kong IPO is expected to enable the company leverage the power of international capital markets to further enhance its global production capacity layout.
According to Frost & Sullivan, Luxshare Precision ranks fourth globally and first in mainland China in the Precision Intelligent Manufacturing Solutions (PIMS) industry, with leading positions in all its major business sectors, including Consumer Electronics, Automotive Electronics, and Communications & Data Centers. Among global PIMS providers, Luxshare Precision possesses the most comprehensive and diversified product portfolio. Through its continuous outstanding performance, the company was awarded “Fortune Global 500” for three consecutive years from 2023 to 2025. The company plans to use the raised funds to expand production capacity and upgrade existing production bases, invest in technological R&D, and high-quality targets in upstream/downstream or related industries. As globalization and intelligent transformation continue to advance, Luxshare Precision is expected to create greater value for global customers through multiple business sectors and global operations.
Hashtag: #LuxsharePrecision
The issuer is solely responsible for the content of this announcement.
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McLaren Racing Announces Trend Micro as an Official Partner of the McLaren Formula 1 Team

High-performance alliance built to stay ahead, on track and in cybersecurity
HONG KONG SAR – Media OutReach Newswire – 3 September 2025 – Trend Micro Incorporated (TYO: 4704; TSE: 4704), a global cybersecurity leader, has been named an Official Partner of the McLaren Formula 1 Team for the remainder of the 2025 season and beyond.
Trend is helping fast-paced organisations like McLaren Racing stay ahead of threats by safeguarding operational systems and sensitive data, and ensuring operations remain secure.
Matt Dennington, Co-Chief Commercial Officer at McLaren Racing: “It is fantastic to have Trend join the McLaren Formula 1 Team as an Official Partner. Their expertise was invaluable when supporting the team in electric racing and we’re excited to build on that strong foundation as we head into this next chapter together.”
Cybersecurity is a critical part of modern motor sports, where milliseconds and data can make all the difference. The partnership continues to bring two brands with innovation at the heart of what they do and a commitment to securing evolving and fast-paced environments.
Kevin Simzer, Chief Operating Officer at Trend: “Partnering with McLaren Racing is more than just a sponsorship, it’s about shared mindset. We are both committed to being the best in our industries, pushing the boundaries of innovation with an eye for speed, security, and customer-first experiences that drive lasting impact. We’re excited to take this journey together and what it means to stay ahead of the curve and lead with confidence in a fast-moving world.”
As part of the partnership, Trend will engage customers and partners through a series of unique, high-touch moments throughout the Formula 1 season, combining world-class hospitality with access to the McLaren team and opportunities for deeper conversations around cybersecurity innovation and leadership – all designed to deliver the full Trend Experience.
Hashtag: #trendmicro #McLaren #McLarenRacing #McLarenF1
https://www.trendmicro.com
www.TrendMicro.com
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MyRepublic Launches AI Automation Box, An Industry-First Plug-and-Play AI Server That Lets SMEs Automate Their Business

MyRepublic’s AI Automation Box is a self-contained automation engine intended for organisations with 20 to 200 employees. It enables businesses to streamline operations, automate manual processes, and establish AI-driven workflows in a matter of days.
“The AI Automation Box is like having your own private AI lab, but it fits in your office and works out-of-the-box,” said Lawrence Chan, Managing Director and Chief AI Officer at MyRepublic. “We built this so any business, not just tech startups, can start automating like a Fortune 500 company.”
MyRepublic’s AI Automation Box combines an intuitive no-code/low-code workflow builder with the flexibility of custom coding, giving businesses the ability to design and deploy automations with ease. It comes equipped with self-hosted large language models (LLMs) from providers such as OpenAI, Meta, and DeepSeek, supported by enterprise-grade GPU hardware for reliable, high-performance execution.
To accelerate adoption, the solution includes a library of over 100 ready-to-use templates, tutorials, and access to the MyRepublic AI Academy, alongside a spreadsheet-like no-code database that allows users to build and manage data-driven applications through a familiar interface.
The solution is targeted at business owners, operations managers, and lean IT teams that require automation without heavy reliance on consultants or large-scale infrastructure. Typical applications include customer service, reporting, invoicing, and Human Resources automation.
AI technologies have traditionally been associated with high costs, complexity, and large enterprise adoption. The MyRepublic AI Box addresses these challenges by providing an integrated, on-premise solution that includes the necessary tools for automation. It operates without reliance on cloud subscriptions, vendor lock-ins, or extensive technical training, starting from $255/month.
“We’re taking what was once an enterprise luxury and making it an SME essential,” added Imran Nazi, Head of ICT. “The AI Automation Box is not just a product. It’s a movement to make automation a standard tool for every business.”
Discover MyRepublic’s AI Automation Box: https://myrepublic.net/sg/business/ai-automation-box/
Hashtag: #MyRepublic #AIAutomationBox #AIForSMEs #AIForBusiness #AIMadeSimple
https://myrepublic.net/sg/
https://www.linkedin.com/company/myrepublic
https://x.com/myrepublic
https://www.facebook.com/MyRepublicSG/
https://www.instagram.com/myrepublicsg/
The issuer is solely responsible for the content of this announcement.
MyRepublic Broadband Pte Ltd
MyRepublic is an award-winning telecom operator whose values lie in the future of connectivity, the next opportunity to disrupt, and innovations that will make a real difference. The provider’s priority is to redefine broadband and mobile connectivity in the markets it operates and empower customers to understand what a true modern connectivity experience can be.
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