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Results of the IX Digital Asset Industry Classification System (“DAICS®”) 1H 2025 Review
- DAICS® coin coverage: top 50 coins by average market capitalization across the past 90 days
- DAICS® market capitalization coverage: 97.53%*
- The % coverage of market capitalization of the 50th ranked coin: 0.060%**
- Member changes within the Top 50 Coins in DAICS®: eight coins added and eight coins deleted
- Additions: Hyperliquid (HYPE), Pi (PI), Bitget Token (BGB), Mantra (OM), Ondo (ONDO), Gate Token (GT), Official Trump (TRUMP), and Ethena (ENA)
- Deletions: Artificial Superintelligence Alliance (ASI), Stacks (STX), Dogwifhat (WIFG), Arbitrum (ARB), ImmutableX (IMXG), Injective Protocol (INJ), Optimism (OP), Fantom (FTM): Renamed to Sonic (S)
The rankings of additions and deletions for the DAICS® top 50 cryptocurrencies are listed in Appendix 1. All classification changes, including the ixCrypto Infrastructure Index and ixCrypto Stablecoin index, will take effect on 18th July 2025, with market capitalization, rankings, and weightings available at www.ix-index.com.
*Special currency treatment of DAICS® applies, where any wrapped or second-level cryptocurrency is not considered in the calculation for the market capitalization of DAICS®
**Based on 6th June 2025
1. Cryptocurrencies
1.1. Structure and Definitions
Tier 1: Industry Changes
The industry groups remain unchanged, with 5 industries and the respective weightings as follows:
| Industry | Weighting (%) |
| Payment (110) | 78.35% |
| Infrastructure (120) | 15.78% |
| Financial Services (130) | 4.17% |
| Tech & Data (140) | 0.24% |
| Media & Entertainment (150) | 1.46% |
Tier 2: Sector Changes
The number of sectors has increased from 16 to 17. There is one new sector added under the industry group “Financial Services (130)”:
Financial Asset Tokenization (13040)
Definition: Cryptocurrencies/protocols that facilitate the tokenized issuance and management of financial assets, including but not limited to real-world assets (treasuries, bonds, real estate). Emphasis is on compliance, institutional integration, fractional ownership, and financial product innovation. The crypto itself is not backed by a corresponding real-world asset.
1.2. Classification Changes
This review doesn’t have any reclassification of the existing coins. The DAICS® 1H 2025 cryptocurrencies classification is available in Appendix 2.
1.3. Green Coin Label
This review identifies 9 Green Coins, classified based on their energy-per-unit-transaction, which is defined as the amount of energy consumed for a successful single unit transaction of the coin in the blockchain network. These coins rank in the top 20 percentile of the least energy-consuming cryptocurrencies out of the 50 DAICS® constituents. The top 20 percentile’s threshold is ≤ 0.005 Wh. The table below lists these low-energy coins.
| Industry | Low Energy-per-transaction (≤ 0.005 Wh) |
| Payment (110) | DAIG USDeG KASG FDUSDG |
| Infrastructure (120) | NIL |
| Financial Services (130) | LEOG OKBG AAVEG |
| Tech & Data (140) | TAOG |
| Media & Entertainment (150) | PEPEG |
Note: G as ‘Green Coin‘ labelling for cryptocurrencies that adhere to the principles of sustainability
2. Asset Backed Tokens (ABT)
2.1. Structure and Definitions
Tier 1: Asset Type Changes
The asset types remain unchanged as follows:
1) Culture (205),
2) Real Estate (215),
3) Financials (235),
4) Entertainment (255),
5) Natural Resources (265), and
6) Green Economy (275)
Tier 2: Branch Changes
The branches remain unchanged at 31.
2.2. Classification Changes
This review doesn’t have any reclassification of the existing assets.
2.3. Coverage of DAICS®
IX Asia Indexes has not started classifying ABTs. As of June 6, 2025, ABTs comprised only 0.67% of the total market capitalization of digital assets, a rise from 0.11% in the 2024 2H review.
A classification summary and definition table of both cryptocurrencies and Asset Backed Tokens are available in Appendices 3 and 4. For further information regarding the methodology of the DAICS®, please refer to the “IX Digital Asset Industry Classification System”- principle and guiding methodology on the company website https://ix-index.com/daics.html.
For more details on DAICS® qualification criteria, please email daics@ix index.com.
Appendix 1
Additions and Deletions in DAICS® Top 50 Cryptocurrencies
Additions
| Current Rank | Cryptocurrencies |
| 20 | Hyperliquid (HYPE) |
| 23 | Pi (PI) |
| 24 | Bitget Token (BGB) |
| 34 | Mantra (OM) |
| 35 | Ondo (ONDO) |
| 41 | GateToken (GT) |
| 43 | Official Trump (TRUMP) |
| 49 | Ethena (ENA) |
Deletions
| Prev. Rank | Cryptocurrencies | Current Rank |
| 29 | Artificial Superintelligence Alliance (ASI) | 54 |
| 37 | Stacks (STX) | 63 |
| 39 | Dogwifhat (WIFG) | 93 |
| 42 | Arbitrum (ARB) | 53 |
| 44 | ImmutableX (IMXG) | 67 |
| 47 | Injective Protocol (INJ) | 66 |
| 48 | Optimism (OP) | 59 |
| 50 | Fantom (FTM), Renamed to Sonic (S) | 55 |
G: Green Coin
Appendix 2
Classification of the Top 50 Coins by Industry and Sector
| Category
|
Industry | Sector | Cryptocurrencies | |
| Cryptocurrencies (1) | Payment:
Blockchain based money, designed for transactional purposes. This includes daily transactions usage and stablecoins. |
Transaction & Payment | BTC XRP XLM BCH LTC |
PI XMR CRO KASG |
| Stablecoin | USD USD DAI G |
USDeG FDUSDG |
||
| Infrastructure:
Bedrock blockchain that facilitates the operation of other decentralised applications. This includes the creation and running of dedicated blockchain platforms, achieving interoperability between networks, increasing the amount or speed of transactions etc |
Application Development Protocol & Smart Contract | ETH SOL ADA TRX SUI AVAX TON HBAR |
HYPE APT NEAR ICP ETC GT VET |
|
| Interoperability | LINK DOT |
ATOM | ||
| Scaling & Sharding | MNT | POL | ||
| Supporting System | NIL | |||
| Financial services:
Tokens that provide on-chain asset management services, crypto-exchange services, funding, lending and other capital markets related services |
Exchange Tokens | BNB LEOG BGB |
UNI OKBG |
|
| Lending & Borrowing | AAVEG
|
|||
| Staking | ENA | |||
| Financial Asset Tokenization (NEW) | OM ONDO |
|||
| Tech & Data:
Provision of data management and storage, and development of innovative crypto technology |
Storage & Sharing | FIL | RENDER
|
|
| Data Management | NIL | |||
| Artificial Intelligence | TAO G | |||
| Media & Entertainment:
Recreational and media services. Including content creation and distribution, advertising through crypto-asset incentive mechanisms, gaming and collectibles |
Social Media & Community | DOGE SHIB |
PEPEG TRUMP |
|
| Streaming | NIL | |||
| Gaming | NIL | |||
| Metaverse | NIL | |||
Note:
G as ‘Green Coin‘ for cryptocurrencies that adhere to the principles of sustainability
NEW for newly added sector
Appendix 3
DAICS® Industry and Sector Definition
| Category | Industry | Sector | Sector definition |
| Cryptocurrencies (1) | Payment: (110)
Definition |
Transaction & Payment (11010) |
Cryptocurrencies that are used for store of value, unit of account, medium of exchange |
| Stablecoin (11020) |
Cryptocurrencies where price is pegged to a / a basket of, reference asset | ||
| Infrastructure: (120)
Definition |
Application Development Protocol & Smart Contract (12010) |
layer-1 blockchain network that facilitates DApp creation and smart contract execution and smart contract | |
| Interoperability (12020) |
Network that increases inter-connectivity and integration of the fragmented cryptocurrency ecosystem | ||
| Scaling & Sharding (12030) |
Networks that increase the ability to cope with the influx of many transactions at a time and blockchain network that can be split into smaller partitions, to improve scalability and process transactions quicker | ||
| Supporting System (12040) |
Networks/sidechains that improve functionality of layer-1 network | ||
| Financial services: (130)
Definition |
Exchange Tokens (13010) |
Cryptocurrencies that represent the stable coin in the exchange ecosystem and allow users to covert from digital asset on decentralised or centralised system int fiat currencies | |
| Lending & Borrowing (13020) |
Borrowing and lending crypto assets with interest in return and other secondary financial tools derived from primary underlying asset, such as crypto futures and options | ||
| Staking (13030) |
Holding and “staking” of certain amount of cryptocurrency in a wallet to facilitate network operations | ||
| Financial Asset Tokenization (13040) (new)
|
Cryptocurrencies/protocols that focus on the tokenized issuance and management of financial assets | ||
| Tech & Data: (140)
Definition |
Storage & Sharing (14010) |
Crypto protocols that provide decentralized storage and/or sharing of data filing and resources. | |
| Data Management (14020) |
Networks/Protocols that facilitate the indexing and querying of data from blockchain(s), enabling efficient data retrieval and management for decentralized applications | ||
| Artificial Intelligence (14030) |
Cryptos/Protocols that facilitate the use of AI powered apps or projects directly using blockchain platform. | ||
| Media & Entertainment: (150)
Definition |
Social Media & Community (15010) |
Cryptos that provides mast social community and followers without a close secondary industry sector | |
| Streaming (15020) |
Cryptos that provides rights to access decentralised video-streaming sites | ||
| Gaming (15030) |
Cryptos which mainly used in gaming or gaming supporting industry | ||
| Metaverse (15040) |
Cryptos that is commonly used in collective virtual open space, created by the convergence of virtually enhanced physical and digital reality. This includes the use of VR and/or AR and/or 3D. |
Note: NEW for newly added sector
Appendix 4
DAICS® Asset Type and Branch Definition
| Category
|
Asset Type | Branch | Sub -branch |
| Asset-Backed Tokens (2) | Culture: (205)
Definition |
Art (20510) |
This shall be further developed in the future with more digital assets available in the market |
| Sports (20520) |
|||
| Festive Collectibles (20530) |
|||
| Design IPs (20540) |
|||
| Drama and Play IPs (20550) |
|||
| Real Estate:(215)
Definition |
Commercial Property (21510) |
||
| Residential Property (21520) |
|||
| Governmental Property (21530) |
|||
| Residential and Commercial Land (21540) |
|||
| Financials: (235)
Definition |
Tokenised Securities (Company Securities, ETF) (23510) |
||
| Tokenised Debts (23520) |
|||
| Tokenised REITs (23530) |
|||
| Entertainment: (255)
Definition |
Movies (25510) |
This shall be further developed in the future with more digital assets available in the market | |
| Songs (25520) |
|||
| Concerts (25530) |
|||
| Gaming (25540) |
|||
| All Other Entertainment Events and Collectibles (25550) |
|||
| Natural Resources: (265)
Definition Natural resources asset that derived directly from sea, sky, atmosphere and underground and can be classified as a commodity with standardisation such as precious metals, agricultural, energy and metals. |
Precious Metals
(26510) |
||
| Agricultural
(26520) |
|||
| Energy
(26530) |
|||
| Metals
(26540) |
|||
| Green Economy (275)
Definition Ownership of Projects Asset that falls under the definition of the UN 17SDG²s, with over 80% of the income or jobs provided on these 17 initiatives. |
No Poverty & Zero Hunger (27510) |
Following definition of the United Nations 17 sustainable development goals² |
|
| Good Health and Well-Being (27520) |
|||
| Quality Education (27530) |
|||
| Gender Equality (27540) |
|||
| Clean Water and Sanitation/Affordable and Clean Energy (27550) |
|||
| Decent Work and Economic Growth/ Industry, Innovation, and Infrastructure/ Partnerships for the Goals (27560) |
|||
| Reduced inequalities/ Peace, Justice and Strong Institutions (27570) |
|||
| Sustainable Cities and Communities/Responsible Consumption and Production (27580) |
|||
| Climate Action (27590) |
|||
| Life Below Water & Life on Land (27500) |
² United Nations 17 sustainable development goals covering 1) No Poverty 2) Zero Hunger 3) Good Health and Well-Being 4) Quality Education 5) Gender Equality 6) Clean Water and Sanitation 7) Affordable And Clean Energy 8) Decent Work and Economic Growth 9) Industry, Innovation and Infrastructure 10) Reduced inequalities 11) Sustainable Cities and Communities 12) Responsible Consumption and Production 13) Climate Action 14) Life Below Water 15) Life on Land 16) Peace, Justice and Strong Institutions and 17) Partnerships for the Goals https://sdgs.un.org/goals
The issuer is solely responsible for the content of this announcement.
About DAICS®
DAICS® covers both cryptocurrencies and asset-backed tokens (“ABT”), to be reviewed semi-annually at the end of June and December. On the cryptocurrency side, it is a three-tier system that groups cryptocurrencies into 5 main industries: 1) Payment, 2) Infrastructure, 3) Financial services, 4) Technology & Data, and 5) Media & Entertainment. These industries are further divided into 16 sectors and sub-sectors to be introduced in the future. Under asset-backed tokens, there are 6 asset types: 1) Culture, 2) Real Estate, 3) Financials, 4) Entertainment, 5) Natural Resources, 6) Green Economy. These asset types are further divided into 31 branches and sub-branches to be introduced in the future.
About the IX Asia Tokenization Advisory Committee and Working Group
The establishment of the IX Asia Tokenization Advisory Committee (“Advisory Committee”) is to pursue the goal and vision of formulating a standard for a global tokenization framework in a compliant and transparent way. The key role of the Advisory Committee is to formulate the guidelines and references for tokenization in terms of infrastructure, business, financial stability, sustainability, internal control, and classification. The Advisory Committee is comprised of industry-recognised leaders from blockchain consultancy, sustainable projects, and the field of the Art industry.
The establishment of the Working Group is to identify, evaluate and recommend key directions and founding principles according to their specific industry knowledge and expertise in relating to the creation of the specified token. It will examine and propose improvements to the guidelines and references for tokenization. The working group is formed of a diverse group of market experts representing relevant sectors and markets, to provide input and discuss case studies for creation of tokenization framework, best practices and development of real-world projects.
For more information about IX Asia Tokenization Advisory Committee & Working Group, please visit https://ix-index.com/tokenization-committee.html.
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Southco’s Blind Mate Floating Mechanism Empowers Efficient Cooling in Data Centers
Driven by global sustainability targets and the need for high-performance, energy-efficient infrastructures, new large data centers must achieve their targeted PUE values, accelerating the industry towards large-scale liquid cooling. However, reliability issues stemming from insufficient mechanical tolerances at the connection points of liquid cooling systems are becoming a critical bottleneck for energy efficiency upgrades and stable operation. Southco recognizes the severity of this challenge and is committed to providing breakthrough solutions.
Minor Deviations, Major Costs
During the large-scale deployment of liquid cooling technology, the reliability of connection interfaces is vital. According to key data from the Open Compute Project (OCP) “Rack-Mounted Manifold Requirements and Verification Guidelines,” a mere 1mm increase in mechanical deviation at liquid cooling interfaces can significantly raise system flow resistance by 15%, leading to a 7% increase in pump energy consumption! This is no trivial amount; in a hyperscale data center with thousands of interfaces, it translates to millions of kilowatt-hours of additional energy consumption and substantial operational costs each year. More concerning is that traditional rigid connection solutions typically offer only ±0.5mm of static tolerance, which proves inadequate in complex real-world environments like these:
- Accumulation of Multi-Dimensional Installation Deviations: In mixed deployment scenarios of widely used EIA-310-D standard racks and advanced ORV3 open architectures, rack installation tolerances can accumulate up to ±3.2mm, far exceeding the limits of traditional solutions.
- Dynamic Vibration Impacts: In ISTA 3-E vibration tests simulating real transportation and operating environments, interface displacement often exceeds 2.8mm, posing significant risks of leaks or connection failures.
- Material Thermal Expansion Effects: Under a typical temperature change of 55°C, copper alloy manifolds can expand approximately 1.2mm per meter, continuously challenging fixed interfaces.
These dynamic, multi-dimensional deviations underline the urgent need for an intelligent, reliable sealing connection solution to ensure the long-term, efficient, and safe operation of liquid cooling systems.
Blind Mate Quick Disconnect: A Connection for a Dynamic World
As a century-old expert in precision engineering, Southco confronts this challenge head-on with the launch of the revolutionary new “Blind Mate Floating Mechanism” liquid cooling connection solution. This innovation is not just a new product; it is a systematic response to profound insight into industry pain points.
Current Status and Trends of Blind Mate Floating Technology
Liquid cooling technology is rapidly gaining traction in high-performance computing (HPC), AI training clusters, and hyperscale data centers. Blind mate technology allows devices to connect without precise visual alignment, making it a core interface solution for rapid deployment and efficient maintenance in liquid cooling systems (especially cold plate systems). The development trends are clear:
- Higher Tolerance Capacity: Adapting to more complex rack environments and dynamic changes is essential.
- Increased Reliability: Zero leakage, long lifespan, and resistance to extreme conditions are basic requirements.
- Intelligent Integration: Integrating sensors for flow, temperature, pressure, etc., for real-time monitoring and predictive maintenance is a future direction.
- Standardization and Compatibility: Supporting OCP ORV3 and other open standards for seamless integration across platforms and manufacturers.
- Lightweight and Compact Design: Meeting the demands of higher density deployments.
Southco’s Blind Mate Floating Mechanism exemplifies innovative design centered around these core trends.
Advantages Over Traditional Solutions
Compared to traditional fixed or simple floating heat transfer connection solutions, Southco’s “Blind Mate Floating Mechanism” offers a qualitative leap with advantages evident across multiple dimensions.
- Three-Dimensional Dynamic Tolerance Control: Southco’s innovative design features a groundbreaking three-dimensional dynamic compensation mechanism: ±4mm of floating tolerance in the radial direction (2° tilt compensation) and 6mm of displacement absorption capacity in the axial direction. This far exceeds common static tolerances in the industry, effectively absorbing and adapting to all previously mentioned installation tolerances, vibration displacements, and thermal expansion deformations.
- Self-Centering Mechanism: When the liquid-cooled blind-plug connector is unplugged, the floating structure automatically resets to the center position, ensuring sufficient floating space for plugging and unplugging operations, fully meeting the strict tolerance requirements of OCP and ORV3 standards.
- Outstanding Sealing Performance for Long-Term Operation: Products endure rigorous ASME B31.3 standard 300psig burst pressure tests, ensuring over 10 years of service life, providing long-term stability for data centers, an achievement traditional solutions cannot match.
- Efficient Maintenance and Significant Cost Reduction: Featuring the Universal Quick Disconnect Blind (UQDB) interface, the design enables genuine “blind operations,” allowing server maintenance without precise alignment or specialized tools. Quick disconnect capabilities make server replacement or upgrades as convenient as “hot plugging,” reducing downtime and related losses by over 90%.
The Necessity of Blind Mate Floating Mechanism
In AI computing clusters and next-generation data centers, adopting advanced connection solutions like Southco’s “Blind Mate Floating Mechanism” is no longer optional, but essential.
- Key to Overcoming Cooling Bottlenecks: High power density is an inevitable trend; traditional cooling and rigid connections can no longer meet the demand. The Blind Mate Floating Mechanism is foundational for unleashing the full potential of liquid cooling and ensuring efficient, stable operation of cooling systems.
- Cornerstone of Business Continuity: The costs of data center downtime are immense. The rapid, reliable thermal maintenance supported by the Blind Mate Floating Mechanism is vital for ensuring uninterrupted operation of critical business activities 24/7.
- Core to Achieving Green and Low-Carbon Goals: Minor deviations in connectors leading to increased flow resistance can significantly elevate pump energy consumption. Its high-tolerance, low-flow resistance design directly contributes to lowering data center PUE values, making it an important element in energy conservation and emissions reduction goals.
- Flexibility for Future Expansion and Upgrading: Modular and standardized design enables data centers to expand capacity and upgrade equipment more flexibly, easily accommodating future increases in computing power demand and technological iterations.
Continuous Innovation, Intelligent Cooling Ahead
According to the “Open Rack V3” white paper, liquid cooling penetration in hyperscale data centers is expected to exceed 40% by 2025. Southco continues to invest in R&D to iterate floating mechanism technology:
* Exploring lightweight high-performance materials (like PPSU thermoplastic) to reduce weight while maintaining strength.
* Advancing intelligent sensor integration for real-time monitoring of key parameters like flow and temperature, providing data for predictive maintenance and energy efficiency optimization.
* Deepening ecosystem collaboration and standardization to promote liquid cooling interfaces in higher density, lower TCO, and broader applications.
As liquid cooling technology transitions from optional to essential, Southco’s “Blind Mate ” represents a precision engineering product innovation, and a profound understanding of cooling challenges in the data center industry. By integrating over a century of precision mechanical design expertise with innovative three-dimensional dynamic tolerance control technology, Southco strives to help global data centers break through cooling bottlenecks, building a more efficient, reliable, and greener foundation for computing power, empowering infinite possibilities in the digital age.
For more information, please click here for more details.
Hashtag: #southco #liquidcooling #EnterpriseComputing #innovations
The issuer is solely responsible for the content of this announcement.
About Southco
Southco, Inc. is the leading global designer and manufacturer of engineered access solutions. From quality and performance to aesthetics and ergonomics, we understand that first impressions are lasting impressions in product design. For over 75 years, Southco has helped the world’s most recognized brands create value for their customers with innovative access solutions designed to enhance the touch points of their products in transportation and industrial applications, medical equipment, data centers and more. With unrivalled engineering resources, innovative products and a dedicated global team, Southco delivers the broadest portfolio of premium access solutions available to equipment designers throughout the world.
Southco Asia Limited
2401, Tower 2, Ever Gain Plaza
88 Container Port Road, Kwai Chung
Hong Kong
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Personalizing The Hong Kong Stay Experience With Dorsett Kai Tak’s ‘3 Wishes’ Package
Save up to 25% with THREE self-chosen perks to match each journey— whether for family fun or business needs
HONG KONG SAR – Media OutReach Newswire – 20 January 2026 – Dorsett Kai Tak, Hong Kong invites travellers to personalize their Hong Kong stay with the Dorsett 3 Wishes Room Package. Guests can enjoy up to 25% savings on a two‑night stay while choosing THREE perks from a list of nine, tailored to their travel purpose—whether for leisure or business—combining modern luxury with authentic local experiences.
Stays Tailored for Every Kind of Traveller
For families and leisure travellers: enjoy local snacks vouchers from Kowloon City’s “Little Thailand”—with treats like egg waffles, pandan buns, or mango‑longan‑coconut dessert—plus options such as complimentary breakfast, room upgrade or a free Octopus card for easy city travel.
For business travellers: choose perks like an Airport Express ticket to Kowloon Station, complimentary suit pressing, or a local data SIM card to stay connected.
Dorsett Kai Tak sits beside the iconic Kai Tak Sports Park, home to world-class concerts and international sporting events. Guests enjoy exclusive walkway access to the Main Stadium and Kai Tak malls. Complimentary shuttle service to AIRSIDE mega mall and Kai Tak MTR ensures easy shopping and city exploration.
Leisure travellers can explore Kowloon Walled City Park for a glimpse of the city’s past or visit the former Kai Tak Airport site for aviation history. Foodies may wander through Kowloon City for Southeast Asian flavours or enjoy traditional Chiu Chow cuisine.
Featuring 373 contemporary rooms, including family-friendly triples, quads, connecting rooms, and balcony suites — ideal for groups of friends or families. Dining options include Jin Bo Law Skybar, Kai Fuk Lau, and Siete Ocho.
Book direct on the official Dorsett Kai Tak website to enjoy a personalized and authentic Hong Kong journey.
Hashtag: #DorsettKaiTak
The issuer is solely responsible for the content of this announcement.
About Dorsett Kai Tak, Hong Kong
This flagship property of Dorsett Hospitality International offers a modern five‑star stay in Hong Kong’s historic Kai Tak district. Conveniently located near Kai Tak Sports Park, the hotel provides exclusive stadium access and a complimentary shuttle to AIRSIDE and Kai Tak MTR.
Guests can choose from 373 stylish rooms and suites—including family-friendly options and the Presidential Pool Suite—and enjoy an infinity pool, 24-hour gym, Jin Bo Law Skybar, and dining at Kai Fuk Lau and Siete Ocho.
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SNP Supervisory Board Extends Contract of CEO Jens Amail Ahead of Schedule
- Contract of Jens Amail extended until December 2030
- Early renewal reflects strong operational performance and successful strategic development
- Partnership with Carlyle marks next phase of SNP’s growth trajectory
HEIDELBERG, GERMANY – Media OutReach Newswire – 20 January 2026 – The Supervisory Board of SNP Schneider-Neureither & Partner SE has extended the contract of Chief Executive Officer Jens Amail ahead of schedule by further five years. Amail, who has been leading the company since January 2023, will now remain CEO until December 2030. The early contract extension reflects the company’s successful development in recent years and signals stability and confidence in its leadership.
Willi Westenberger, Managing Director at Carlyle and Chairman of SNP’s Supervisory Board, says: “Under Jens Amail’s guidance, SNP has made significant progress across its key strategic priorities, strengthened its market position and delivered sustained operational improvements. The company has accelerated its international expansion and broadened its global partner ecosystem as the foundation for sustainable growth. Extending his contract is a clear signal of continuity and underlines our confidence in his leadership and the strong team he has built at SNP.”
The significant operational progress and stability gained by SNP are closely linked to the leadership of Jens Amail. Since the end of 2022, the company has achieved annual records in order entry, revenue and EBIT. The sustained increase in profitability was backed up by a successful internationalization and growth strategy. This has opened up new markets, significantly expanded the software business and elevated the collaboration with the ecosystem to a new level.
Jens Amail also played a key role in strengthening SNP’s corporate governance and strategic stability. The return to a dual governance structure with an Executive and Supervisory Board, as well as the resolution of long-standing legal matters, have provided a solid foundation for the company’s future development. On the product side, the introduction of the SNP Kyano platform in 2024 was an important evolutionary step in supporting the company’s strategy as an enabler of digital transformations and business agility.
Building on this strong momentum, SNP entered into a strategic partnership with global investment firm Carlyle at the end of 2024. The partnership is intended to support the next phase of the company’s growth by accelerating strategy execution and further expanding SNP’s global footprint.
With the early extension of Jens Amail’s contract, the Supervisory Board is ensuring continuity at the top of the company as SNP enters the next chapter of its growth story.
Hashtag: #SNP
The issuer is solely responsible for the content of this announcement.
About SNP
SNP (ticker: SHF.DE) is the global technology platform leader and trusted partner for companies seeking unparalleled data-enabled transformation capabilities and business agility. SNP’s Kyano platform integrates all necessary capabilities and partner offerings to provide a comprehensive software-based experience in data migration and management. Combined with the BLUEFIELD approach, Kyano sets a comprehensive industry standard for restructuring and modernizing SAP-centric IT landscapes faster and more securely while harnessing data-driven innovations.
The company works with more than 3,000 customers of all sizes and in all industries in over 80 countries, including numerous DAX 40 and Fortune 500 companies. The SNP Group has more than 1,600 employees worldwide at over 36 locations in 23 countries. The company is headquartered in Heidelberg, Germany, and generated revenues of EUR 254,8 million in the 2024 fiscal year.
More information is available at
www.snpgroup.com
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