Statement from CNFinance Holdings Limited

PR Newswire

‌‌GUANGZHOU, China, March 19, 2025 /PRNewswire/ — CNFinance Holdings Limited (NYSE: CNF) (“CNFinance” or the “Company”), a leading home equity loan service provider in China, today announced the following statements to address recent market news involving “Fanhua (泛華)”:

In November 2024, the Company’s name changed from “CNFinance Holdings Limited 泛華金融控股有限公司”  to “CNFinance Holdings Limited 深泛联控股有限公司.”

Entities currently operating under the name “Fanhua (泛華)” are not the Company’s affiliates, nor do they have an operational relationship with the Company.

Any misuse or misrepresentation involving the Company’s name, logo, trademark, or brand that falsely associates the Company with “Fanhua (泛華)” may violate applicable laws. The Company reserves the right to take all necessary legal action, including civil lawsuits and criminal prosecution, against individuals or entities engaging in such unauthorized activities.

About CNFinance Holdings Limited

CNFinance Holdings Limited (NYSE: CNF) (“CNFinance” or the “Company”) is a leading home equity loan service provider in China. CNFinance, through its operating subsidiaries in China, conducts business by connecting demands and supplies through collaborating with sales partners and trust companies under the trust lending model, and sales partners, local channel partners and commercial banks under the commercial bank partnership model. Sales partners and local channel partners are responsible for recommending micro- and small-enterprise (“MSE”) owners with financing needs to the Company and the Company introduces eligible borrowers to licensed financial institutions with sufficient funding sources including trust companies and commercial banks who will then conduct their own risk assessments and make credit decisions. The Company’s primary target borrower segment is MSE owners who own real properties in Tier 1 and Tier 2 cities and other major cities in China. The Company’s risk mitigation mechanism is embedded in the design of its loan products, supported by an integrated online and offline process focusing on risks of both borrowers and collateral and further enhanced by effective post-loan management procedures.

Cision View original content:https://www.prnewswire.com/news-releases/statement-from-cnfinance-holdings-limited-302405823.html

SOURCE CNFinance Holdings Limited

Sonnet BioTherapeutics Receives Notice of Allowance for U.S. Patent Covering Composition of Matter of Specific Amino Acid Substitutions of its IL-18 Binding Protein Resistant Variant Protein

Company advancing development of its modified version of Interleukin-18 (IL-18

Binding Protein Resistant

or IL-18

BPR

) that exhibits wild-type binding to the IL-18 receptor (IL-18Rc), coupled with undetectable binding to the inhibitory IL-18 Binding Protein (IL-18BP)
thus making IL-18

BPR

more effective in vitro

Sonnet’s variant human IL-18

BPR

is a key cytokine which comprises substitutions at the following amino acid positions: Y1, M51, M60, S105 and D110, relative to human wildtype IL-18

Patent opens up potential licensing opportunities for rights to IL-18

BPR

independent of Sonnet’s F

H

AB platform patent estate

Management releases “What This Means” segment discussing the allowed patent;

Access here

PRINCETON, N.J., March 19, 2025 (GLOBE NEWSWIRE) — Sonnet BioTherapeutics Holdings, Inc. (the “Company” or “Sonnet”) (NASDAQ: SONN), a clinical-stage company developing targeted immunotherapeutic drugs, today announced that the United States Patent and Trademark Office (USPTO) has issued a Notice of Allowance to the Company for a second patent in the IL-18 variant protein field which discloses the amino acid sequence of its variant human IL-18BPR protein. The allowed patent claims cover variant human IL-18 (hIL-18) proteins, including but not limited to hIL-18 proteins having amino acid substitutions at the following positions: Y1W, Y1K, M51Y, M51S, M60W, S105E, and D110Y, relative to human wildtype IL-18. Additionally, the Company announced the release of a Virtual Investor “What This Means” segment to discuss the allowed patent, which is now available here.

“I believe that Sonnet has become of one of the few companies that hold proprietary rights to IL-18BPR which could be a highly valuable cytokine for cancer patients. This patent covers the composition of matter of the amino acid sequence of our human IL-18BPR variant protein which bolsters our intellectual property position and provides further validation to our approach that when IL-18BPR is synergistically combined with IL-12, we believe we will have the potential to develop an important therapeutic asset for oncology and cell-based therapy. Additionally, we feel that this patent enables us to explore opportunities for IL-18BPR to be licensed independent of our FHAB platform. We continue to believe that novel bifunctional molecules such as SON-1411, when combined with our proprietary FHAB platform, have the potential to demonstrate improved tumor targeting, extended half-life and an enhanced therapeutic window,” said Pankaj Mohan, Ph.D., Sonnet Founder and Chief Executive Officer.

Sonnet previously reported the generation of two novel drug candidates, SON-1411 (IL18BPR-FHAB-IL12) and SON-1400 (IL18BPR-FHAB), each containing a variant version of recombinant human interleukin-18 (IL-18BPR). SON-1411 is a proprietary bifunctional fusion protein consisting of IL-18BPR combined with single-chain wild-type IL-12, linked to Sonnet’s Fully Human Albumin Binding (FHAB®) platform while SON-1400 is a monofunctional fusion protein comprising the same IL-18BPR domain linked to the FHAB. FHAB extends the half-life and biological activity of linked molecules by binding native albumin in the serum and targets the tumor microenvironment (TME) through high affinity binding to glycoprotein 60 (gp60) and the Secreted Protein Acidic and Rich in Cysteine (SPARC).

“SON-1411 (IL18BPR-FHAB-IL12) is a bifunctional combination of IL-12 and the FHAB domain with a human variant of human interleukin-18 (“IL-18BPR”), which was modified to resist an inhibitory interaction with IL-18 binding protein (IL-18BP). IL-18 is involved in activating both innate and adaptive immune responses; however, IL-18 clinical therapies have been hampered by a lack of efficacy due to the inhibitory activity of the IL-18BP,” commented John Cini, Ph.D., Sonnet Chief Scientific Officer.

About SON-1411

SON-1411 is a candidate immunotherapeutic recombinant drug that is closely related to and will replace SON-1410, which links an unmodified single-chain human IL18 and an unmodified IL-12 with the albumin-binding domain of the single-chain antibody fragment A10m3. The only difference between SON-1410 and SON-1411 is that in the latter, the IL-18 domain has been modified via mutagenesis to retain wildtype binding to the IL-18 receptor (IL-18 Rc) while inhibiting or abolishing binding to the IL-18 binding protein (IL-18 BP). The A10m3 scFv was selected to bind both at normal pH, as well as at the acidic pH that is typically found in the TME. The FHAB technology targets tumor and lymphatic tissue, providing a mechanism for dose sparing and an opportunity to improve the safety and efficacy profile of IL-18 and IL-12, as well as a variety of potent immunomodulators that can be added using the platform. Interleukin-12 can orchestrate a robust immune response to many cancers and pathogens. Given the types of proteins induced in the TME, such as SPARC and gp60, several types of cancer such as non-small cell lung cancer, melanoma, head and neck cancer, sarcoma, and some gynecological cancers are particularly relevant for this approach. SON-1411 is designed to deliver IL-18BPR and IL-12 to local tumor tissue, turning ‘cold’ tumors ‘hot’ by stimulating IFNγ, which activates innate and adaptive immune cell responses and increases the production of Programed Death Ligand 1 (PD-L1) on tumor cells.

About Sonnet BioTherapeutics Holdings, Inc.

Sonnet is an oncology-focused biotechnology company with a proprietary platform for developing targeted biologic drugs with single or bifunctional action. Known as FHAB (Fully Human Albumin-Binding), the technology utilizes a fully human single chain antibody fragment (scFv) that binds to and “hitch-hikes” on human serum albumin (HSA) for transport to target tissues. Sonnet’s FHAB was designed to specifically target tumor and lymphatic tissue, with an improved therapeutic window for optimizing the safety and efficacy of immune modulating biologic drugs. FHAB platform is the foundation of a modular, plug-and-play construct for potentiating a range of large molecule therapeutic classes, including cytokines, peptides, antibodies, and vaccines.

Sonnet’s lead program, SON-1010, or IL-12-FHAB, is in development for the treatment of advanced solid tumors, certain types of sarcoma, and platinum-resistant ovarian cancer (PROC). SON-1010 is being evaluated in an ongoing Phase 1/2a study through a Master Clinical Trial and Supply Agreement with Roche in combination with atezolizumab (Tecentriq®) for the treatment of PROC. The Company is also evaluating its second product candidate, SON-1210, an IL12-FHAB-IL15 bifunctional for solid tumors, in collaboration with the Innovative Immuno-Oncology Consortium (IIOC), and plans to commence an investigator-initiated and funded Phase 1/2a study for the treatment of locally-advanced or metastatic pancreatic ductal adenocarcinoma (PDAC).

The Company’s SON-080 program is a low dose of rhIL-6 in development for Chemotherapy-Induced Peripheral Neuropathy (CIPN) and Diabetic Peripheral Neuropathy (DPN). SON-080 demonstrated encouraging results in a Phase 1b/2a clinical trial, being well tolerated with no evidence of a pro-inflammatory cytokine response. In October 2024, Sonnet announced a license agreement with Alkem Laboratories, Inc. who will assume responsibility for advancing development of the SON-080 program into a Phase 2 study in DPN in India.

Forward-Looking Statements

This press release contains certain forward-looking statements within the meaning of Section 27A of the Securities Act of 1933 and Section 21E of the Securities Exchange Act of 1934 and Private Securities Litigation Reform Act, as amended, including those relating to the impact of the second patent in the IL-18 variant protein field, outcome of the Company’s clinical trials, the Company’s cash runway, the Company’s product development, clinical and regulatory timelines, market opportunity, competitive position, possible or assumed future results of operations, business strategies, potential growth opportunities and other statements that are predictive in nature. These forward-looking statements are based on current expectations, estimates, forecasts and projections about the industry and markets in which we operate and management’s current beliefs and assumptions.

These statements may be identified by the use of forward-looking expressions, including, but not limited to, “expect,” “anticipate,” “intend,” “plan,” “believe,” “estimate,” “potential, “predict,” “project,” “should,” “would” and similar expressions and the negatives of those terms. These statements relate to future events or our financial performance and involve known and unknown risks, uncertainties, and other factors which may cause actual results, performance or achievements to be materially different from any future results, performance or achievements expressed or implied by the forward-looking statements. Such factors include those set forth in the Company’s filings with the Securities and Exchange Commission. Prospective investors are cautioned not to place undue reliance on such forward-looking statements, which speak only as of the date of this press release. The Company undertakes no obligation to publicly update any forward-looking statement, whether as a result of new information, future events or otherwise.

Investor
Relations
Contact:

JTC Team, LLC
Jenene Thomas
908-824-0775
[email protected] 



Goldman Sachs Maintains ‘Buy’ Rating for Waterdrop with Price Target of US$1.80

PR Newswire


BEIJING
, March 19, 2025 /PRNewswire/ — Following the release of Waterdrop Inc.‘s (WDH) fourth-quarter and full-year 2024 financial results, Goldman Sachs’ latest research report maintains a “Buy” rating for Waterdrop and sets a 12-month price target of US$1.80 per ADS.

According to Goldman Sachs’ report, Waterdrop achieved a higher-than-expected net profit attributable to shareholders of 368 million yuan (approx. US$51 million) for the full year of 2024, representing a year-on-year increase of 119.8%. In the fourth quarter of 2024, the first-year premium (FYP) for the insurance business reached approximately 1.9 billion yuan (approx. US$263 million), up 24.5% year-on-year, primarily driven by improved customer acquisition efficiency in short-term insurance products. Additionally, losses in the non-insurance segment continued to narrow during the quarter.

In its fourth-quarter and full-year 2024 earnings report, Waterdrop announced a cash dividend of US$ 0.02 per ADS, bringing the total dividend for fiscal year 2024 to US$ 0.04 per ADS (consistent with 2023). Given the stability of its operations, the company plans to distribute cash dividends on a semi-annual basis going forward.

Regarding share buyback, since the announcement of its share buyback program in September 2021, Waterdrop had repurchased approximately 52.1 million ADSs (American Depositary Shares) from the open market as of the end of February 2025, totaling approximately US$100 million.

As one of the first companies in the industry to adopt AI LLMs, Waterdrop has consistently driven innovation through technology since its inception, investing approximately 300 million yuan (approx. US$42 million) annually in research and development. The company has accumulated over 100 technology patents and built a comprehensive LLM application system covering all insurance scenarios. Recently, Waterdrop introduced the DeepSeek model, significantly enhancing its AI-driven service capabilities in market segments.

Waterdrop’s application of large models focuses on two main areas: launching AI Insurance Assistant to empower insurance service personnel; and upgrading the AI Insurance Expert to provide users with insurance consultation and planning services. For example, the company has releases Bao Xiaohui, an AI Service Assistant which is available 24/7 to provide responses in real time, reducing issue escalation and improving service efficiency by some 50%.

Looking ahead to fiscal 2025, Waterdrop foresees revenue growth of approximately 20%, with increased investment in business expansion. Goldman Sachs analysts believe this may lead to higher sales and marketing expenses, potentially putting downward pressure on the company’s profit margins. However, the reduction in losses from non-insurance segments could partially offset this pressure.

Cision View original content:https://www.prnewswire.com/news-releases/goldman-sachs-maintains-buy-rating-for-waterdrop-with-price-target-of-us1-80–302405849.html

SOURCE Waterdrop Inc.

Australian Oilseeds Sees Surging Demand for its Canola Oil from China

COOTAMUNDRA, Australia, March 19, 2025 (GLOBE NEWSWIRE) — Australian Oilseeds Holdings Limited, a Cayman Islands exempted company (the “Company”) (NASDAQ: COOT) today announced that it is seeing surging demand for its canola oil products from China in response to the ongoing trade war between China and Canada.

“Our high-quality oils are well positioned for growth in China and the partnership with Shanghai Maiwei Trading Co., which we announced in January 2025, provides a strong foundation to capitalize on the recent surge in demand for our canola oil,” said Gary Seaton, Chief Executive Officer. “We have received numerous inquiries from both private and state-owned enterprises and anticipate entering into several long-term supply agreements with Chinese companies over the next 12 months.”

According to the United States Trade Representative (USTR), in 2024, the United States (US) goods trade with Australia totaled an estimated $51.3 billion, with US goods exports to Australia at $34.6 billion and imports from Australia at $16.7 billion, resulting in a trade surplus of $17.9 billion for the US.  Currently, a majority of sales are from the domestic market through major supermarkets and retailers, thus any current or future trade tariff’s implemented by US are expected to have no significant impact on sales or profitability of business.

About Australian Oilseeds Investments Pty Ltd. Australian Oilseeds Investments Pty Ltd. is an Australian proprietary company that, directly and indirectly through its subsidiaries, is focused on the manufacture and sale of sustainable oilseeds (e.g., seeds grown primarily for the production of edible oils) and is committed to working with all suppliers in the food supply chain to eliminate chemicals from the production and manufacturing systems to supply quality products to customers globally. The Company engages in the business of processing, manufacture and sale of non-GMO oilseeds and organic and non-organic food-grade oils, for the rapidly growing oilseeds market, through sourcing materials from suppliers focused on reducing the use of chemicals in consumables in order to supply healthier food ingredients, vegetable oils, proteins and other products to customers globally. Over the past 20 years, the Company’s cold pressing oil plant has grown to become the largest in Australia, pressing strictly GMO-free conventional and organic oilseeds.

Forward-Looking Statements: This press release contains “forward-looking statements” within the meaning of the “safe harbor” provisions of the Private Securities Litigation Reform Act of 1995, including but not limited to, statements regarding our financial outlook, business strategy and plans, market trends and market size, opportunities and positioning. These forward-looking statements are based on current expectations, estimates, forecasts and projections. Words such as “expect,” “anticipate,” “should,” “believe,” “hope,” “target,” “project,” “goals,” “estimate,” “potential,” “predict,” “may,” “will,” “might,” “could,” “intend,” “shall” and variations of these terms and similar expressions are intended to identify these forward-looking statements, although not all forward-looking statements contain these identifying words. Forward-looking statements are subject to a number of risks and uncertainties, many of which involve factors or circumstances that are beyond our control. For example, global economic conditions could in the future reduce demand for our products; we could in the future experience cybersecurity incidents; we may be unable to manage or sustain the level of growth that our business has experienced in prior periods; our financial resources may not be sufficient to maintain or improve our competitive position; we may be unable to attract new customers, or retain or sell additional products to existing customers; we may experience challenges successfully expanding our marketing and sales capabilities, including further specializing our sales force; customer growth could decelerate in the future; we may not achieve expected synergies and efficiencies of operations from recent acquisitions or business combinations, and we may not be able to pay off our convertible notes when due. Further information on potential factors that could affect our financial results is included in our most recent Annual Report on Form 10-K and our other filings with the Securities and Exchange Commission. The forward-looking statements included in this press release represent our views only as of the date of this press release and we assume no obligation and do not intend to update these forward-looking statements.

Contact

Australian Oilseeds Holdings Limited
126-142 Cowcumbla Street
Cootamundra New South Wales 2590
Attn: Bob Wu, CFO
Email: [email protected]

Investor Relations Contact

Reed Anderson
(646) 277-1260
[email protected]



How Artificial Intelligence (AI) is Undeniably Reshaping The Landscape of The Mortgage Industry

PALM BEACH, Fla., March 19, 2025 (GLOBE NEWSWIRE) — FN Media Group News Commentary – Industry insiders are saying that the mortgage industry is undergoing a transformative shift with the integration of Artificial Intelligence (AI). This cutting-edge technology is revolutionizing various aspects of the mortgage process, from application to regulatory compliance. A recent article by one such insider focused on AI in the Mortgage Industry said: “In the contemporary landscape of the mortgage industry, the infusion of Artificial Intelligence (AI) has ushered in a paradigm shift, influencing various facets of the lending process. Embracing AI in mortgage services has become synonymous with innovation, offering a spectrum of benefits to both lenders and borrowers. AI in mortgage industry manifests through sophisticated algorithms and machine learning models that power automated decision-making processes, commonly known as AI mortgage services. These services streamline and optimize tasks such as underwriting and risk assessment, ensuring faster and more accurate lending decisions. The integration of AI in mortgage lending not only expedites processes but also enhances the overall efficiency of loan origination.” Active Companies in the markets today include: Beeline Holdings, Inc. (NASDAQ: BLNE), Rocket Companies (NYSE: RKT), Redfin Corporation (NASDAQ: RDFN), loanDepot, Inc. (NYSE: LDI), Better Home & Finance Holding Company (NASDAQ: BETR).

The article continued: “One of the key advantages of AI in the mortgage industry lies in its ability to provide personalized experiences for borrowers. AI-driven virtual assistants navigate complex mortgage terms, address borrower queries, and facilitate smoother communication channels. This not only fosters customer satisfaction but also contributes to a more transparent and engaging lending experience. The role of AI in the mortgage industry goes beyond individual transactions; it extends to the broader scope of the industry itself. Artificial intelligence in mortgage lending is a proactive force in fraud detection and prevention. Through the analysis of intricate patterns in financial data, AI can identify anomalies and potential fraudulent activities, bolstering the security of mortgage transactions and safeguarding the interests of both lenders and borrowers.”

Beeline Holdings, Inc. (NASDAQ: BLNE) AI Sales Agent ‘Bob 2.0’ Delivers 6X More Leads than Human Chat – Revolutionizing Mortgage Sales at Near Zero Cost – Beeline Holdings, Inc. (#BLNE), a leader in AI-driven mortgage technology, has launched Bob 2.0, the next evolution of its AI-powered sales agent, driving a 6X increase in qualified leads over human agents while running 24/7 at minimal cost.

“Bob changes the game for scaling front-end mortgage operations,” said Nick Liuzza, CEO of Beeline. “With Bob we’re able to engage more prospects, generate more leads, and streamline sales, all while keeping our Loan Guides focused on closing deals.” Bob is among the 1st ever AI Mortgage sales bots and was released by Beeline in June 2023.

AI That Delivers Real Results:

Bob 2.0 doesn’t just respond to inquiries—it actively drives conversations toward a sales outcome:

  • Engages 3X more website visitors than standard chat solutions
  • Delivers 6X more leads from conversations—double the industry standard
  • Generates 8X more mortgage applications
  • Operates 24/7, handling lead generation tasks at a scale no human team could match

Bob’s Adaptive AI—A Smarter Sales Agent

What sets Bob apart is its ability to respond, adapt, and sell like a human—but without fatigue, missed opportunities, or salary and other overhead. Bob can:

  • Guide users through personalized sales journeys based on proven strategies
  • Maintain focus in conversations, handling interruptions with precision
  • Retain and apply user-provided details, ensuring seamless interactions
  • Recognize buyer motivations, responding in a way that builds trust and engagement
  • Support Spanish-language interactions, automatically adapting based on user preferences

Beyond Chat: Bob Is Expanding Into SMS, Voice & Live Appointments

Bob’s evolution is far from over. Over the next 90 days, Beeline will integrate Bob with:

  • Calendly-powered appointment booking and live handovers to Loan Guides
  • AI-driven SMS and voice channels to qualify leads and assist customers throughout the loan application process
  • Real-time loan approvals—turning mortgage origination into a 24/7 operation

Future Expansion: AI-Powered Underwriting & Market Growth

Bob’s success has spurred the launch of MagicBlocks, an AI startup seed-funded by Beeline, to bring its AI-powered sales technology to a broader market. Looking ahead, Bob is expected to begin underwriting by Q3 2025, adding a new level of efficiency and further streamlining Beeline’s mortgage process. “As the mortgage market normalizes, AI gives us the ability to scale operations dynamically without added costs,” said Liuzza. “Bob is just the beginning of how AI will redefine mortgage lending.” Continued…Read more about BLNE by going to: https://makeabeeline.com/investor-relations/

Other recent developments in the markets include:

Rocket Companies (NYSE: RKT), the Detroit-based fintech platform consisting of mortgage, real estate and personal finance businesses, recently announced it has entered into an agreement to purchase Redfin Corporation (NASDAQ: RDFN), a leading digital real estate brokerage, in an all-stock transaction for a value of $12.50 per Redfin share, or $1.75 billion of equity value.

“Rocket and Redfin have a unified vision of a better way to buy and sell homes,” said Varun Krishna, CEO of Rocket Companies. “Together, we will improve the experience by connecting traditionally disparate steps of the search and financing process with leading technology that removes friction, reduces costs and increases value to American homebuyers.”

For 40 years, Rocket’s digital platform has grown to provide home financing in all 50 states across 3,000+ counties and parishes. By combining Redfin’s home search and real estate agent network with Rocket’s mortgage origination and servicing capabilities, the company envisions a more seamless experience from search to close, to servicing and future transactions.

“Rocket and Redfin’s approaches to lending and brokerage service have always been two halves of one vision to make the whole home-buying process magical,” said Glenn Kelman, CEO of Redfin. “We want a customer to be able to check her phone to find out what she can afford, see which homes are just right for her, schedule a tour with a local, expert Redfin agent, and get pre-qualified for a loan, all in a matter of minutes. Varun and I see how much better real estate could be when AI guides customers not just through that first step in their search, but all the way home, through the sale, the loan and then a lifetime of accumulating equity and wealth.”

loanDepot, Inc. (NYSE: LDI), (together with its subsidiaries, “loanDepot” or the “Company”), a leading provider of products and services that power the homeownership journey, recently announced results for the fourth quarter ended December 31, 2024.

“2024 was a year of significant progress for loanDepot with the completion of our Vision 2025 strategic program,” said President and Chief Executive Officer Frank Martell. “The strategic imperatives of Vision 2025 served as our roadmap for successfully navigating the historical downturn in the housing and mortgage markets over the past three years. As the Company enters 2025, I believe team loanDepot is positioned to accelerate revenue growth and continue our progress towards sustainable profitability under the auspices of Project North Star that we announced in November 2024, and under Anthony Hsieh’s new leadership that was announced last week.

Better Home & Finance Holding Company (NASDAQ: BETR), the leading digital homeownership company, recently announced record growth in its Home Equity Line of Credit (HELOC) and Home Equity Loan (HELOAN) business, scaling loan volume 400% from $15 million per month in January 2024 to $60 million per month by October 2024. This acceleration establishes Better as the fastest-growing digital home equity lender in the market.

As traditional mortgage demand fluctuates, Better’s suite of home equity products helps strategically diversify its lending volume segments and helps homeowners access fast and flexible home equity lending solutions across market cycles. Better’s implementation of Betsy™ — the Company’s voice-based AI loan assistant — into its product funnel has since facilitated its home equity lending growth, cutting response times from hours to seconds while operating 24/7, 365 days a year with greater speed and cost efficiency than traditional lenders or mortgage call centers. The Company’s lending volume is also fueled by strategic partnerships with mortgage brokers and lenders who leverage Better’s technology and capital to offer HELOCs and HELOANs under correspondent and white-label arrangements.


About FN Media Group:

At FN Media Group, via our top-rated online news portal at www.financialnewsmedia.com, we are one of the very few select firms providing top tier one syndicated news distribution, targeted ticker tag press releases and stock market news coverage for today’s emerging companies. #tickertagpressreleases #pressreleases

Follow us on Facebook to receive the latest news updates:
https://www.facebook.com/financialnewsmedia



Follow us on Twitter for real time Market News:
https://twitter.com/FNMgroup



Follow us on Linkedin:
https://www.linkedin.com/in/financialnewsmedia/

DISCLAIMER: FN Media Group LLC (FNM), which owns and operates FinancialNewsMedia.com and MarketNewsUpdates.com, is a third party publisher and news dissemination service provider, which disseminates electronic information through multiple online media channels. FNM is NOT affiliated in any manner with any company mentioned herein. FNM and its affiliated companies are a news dissemination solutions provider and are NOT a registered broker/dealer/analyst/adviser, holds no investment licenses and may NOT sell, offer to sell or offer to buy any security. FNM’s market updates, news alerts and corporate profiles are NOT a solicitation or recommendation to buy, sell or hold securities. The material in this release is intended to be strictly informational and is NEVER to be construed or interpreted as research material. All readers are strongly urged to perform research and due diligence on their own and consult a licensed financial professional before considering any level of investing in stocks. All material included herein is republished content and details which were previously disseminated by the companies mentioned in this release. FNM is not liable for any investment decisions by its readers or subscribers. Investors are cautioned that they may lose all or a portion of their investment when investing in stocks. For current services performed FNM has been compensated twenty five hundred dollars for news coverage of the current press releases issued by Beeline Holdings, Inc. by a non-affiliated third party. FNM HOLDS NO SHARES OF ANY COMPANY NAMED IN THIS RELEASE.

This release contains “forward-looking statements” within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E the Securities Exchange Act of 1934, as amended and such forward-looking statements are made pursuant to the safe harbor provisions of the Private Securities Litigation Reform Act of 1995. “Forward-looking statements” describe future expectations, plans, results, or strategies and are generally preceded by words such as “may”, “future”, “plan” or “planned”, “will” or “should”, “expected,” “anticipates”, “draft”, “eventually” or “projected”. You are cautioned that such statements are subject to a multitude of risks and uncertainties that could cause future circumstances, events, or results to differ materially from those projected in the forward-looking statements, including the risks that actual results may differ materially from those projected in the forward-looking statements as a result of various factors, and other risks identified in a company’s annual report on Form 10-K or 10-KSB and other filings made by such company with the Securities and Exchange Commission. You should consider these factors in evaluating the forward-looking statements included herein, and not place undue reliance on such statements. The forward-looking statements in this release are made as of the date hereof and FNM undertakes no obligation to update such statements.

Contact Information:
Media Contact email: [email protected] – +1(561)325-8757

SOURCE: FN Media Group



Waterdrop Inc. Receives a ‘Buy’ Rating from UOB Kay Hian with Price Target of US$2.20

PR Newswire


BEIJING
, March 19, 2025 /PRNewswire/ — On March 14, 2025, UOB Kay Hian included Waterdrop Inc. (WDH) for the first time in its most recent report, commenting that the company has built a substantial user base through its strong brand equity and is well-positioned to unlock greater user full-lifetime value for sustained growth. Leveraging its proprietary technology, Waterdrop continues to enhance operational efficiency and improve overall profit margins. Given its attractive valuation, increasing shareholder returns, and solid net cash position, downside risks appear limited. UOB Kay Hian initiated coverage on WDH with a “Buy” rating and a price target of $2.20 per ADS.

In the fourth quarter of 2024, Waterdrop reported net operating revenue of 687 million yuan (approx. US$95 million), with operating expenses making up 45.1% of revenue. Net profit attributable to shareholders reached 99.62 million yuan (approx. US$13.8 million), marking the 12th consecutive quarter of profitability. For the full year of 2024, Waterdrop achieved net operating revenue of 2.772 billion yuan (approx. US$384 million) and net profit attributable to shareholders of 368 million yuan (approx. US$51 million), representing a year-on-year increase of 119.8%.

UOB Kay Hian’s report foresees Waterdrop’s net profit growing at a five-year compound annual growth rate (CAGR) of 25.0% from 2023 to 2028, driven by sustained growth in first-year premiums (FYP) from its insurance business and ongoing cost management optimization.

The report notes that after reducing its reliance on third-party customer acquisition channels, Waterdrop’s insurance segment has maintained a stable operating margin above 20%. Losses in the non-insurance segments are expected to narrow further, with structural optimization in the digital clinical trial solution business generating efficiency improvements. UOB Kay Hian analysts believe these combined efforts will enhance Waterdrop’s overall profit margins.

As one of the first companies in the industry to adopt AI LLMs, Waterdrop has consistently driven innovation through technology since its inception, investing approximately 300 million yuan (approx. US$42 million) annually in research and development. The company has accumulated over 100 technology patents and built a comprehensive LLM application system covering all insurance scenarios. Recently, Waterdrop introduced the DeepSeek model, significantly enhancing its AI-driven service capabilities across all market segments.

Waterdrop’s application of large models focuses on two main areas: launching AI Insurance Assistant to empower insurance service personnel; and upgrading the AI Insurance Expert to provide users with insurance consultation and planning services. One of the features of the new models is the inclusion of Bao Xiaohui, an AI Service Assistant available 24/7 to provide responses in real time, reducing issue escalation and improving service efficiency by some 50%.

UOB Kay Hian’s report noted that Waterdrop uses its proprietary AI technology and comprehensive data insights to optimize customer acquisition, sales productivity, customer engagement, and risk management. With consistent investment in R&D, the company continues to enhance its AI-driven operations, maximizing operational leverage and sales conversion efficiency.

Despite the recent share price rally, UOB Kay Hian is of the opinion that Waterdrop’s current valuation remains below where it should be, making it an attractive investment opportunity in China’s insurtech sector. Waterdrop’s 2025 price-to-book (P/B) ratio is expected to come in at just 0.74x, 0.4 standard deviations below its three-year historical average. Compared to global online insurance brokerage peers, Waterdrop’s valuation remains significantly undervalued.

Cision View original content:https://www.prnewswire.com/news-releases/waterdrop-inc-receives-a-buy-rating-from-uob-kay-hian-with-price-target-of-us2-20–302405832.html

SOURCE Waterdrop Inc.

ChromaDex Evolves Into Niagen Bioscience, Marking a New Era of Uncovering the Potential of NAD+ With Precision Science

ChromaDex Evolves Into Niagen Bioscience, Marking a New Era of Uncovering the Potential of NAD+ With Precision Science

The rebrand celebrates the company’s clinically proven flagship patented nicotinamide riboside (NR) ingredient, Niagen, the most well-researched, efficient, high-quality, and legal NAD+ booster available

LOS ANGELES–(BUSINESS WIRE)–Niagen Bioscience, Inc. (Nasdaq: NAGE) (formerly ChromaDex Corp.), the global authority on NAD+ (nicotinamide adenine dinucleotide) with a focus on the science of healthy aging, today confirmed it has changed its corporate name to Niagen Bioscience, Inc. (“Niagen Bioscience” or the “Company”) and the Company’s common stock will begin trading under the new Nasdaq symbol “NAGE” at stock market open today, Wednesday, March 19, 2025. The CUSIP number for the Company’s common stock will remain the same.

This press release features multimedia. View the full release here: https://www.businesswire.com/news/home/20250319662388/en/

Niagen Bioscience’s state-of-the-art research and development facility in Longmont, CO, which serves as the hub for the Company’s gold-standard quality practices

Niagen Bioscience’s state-of-the-art research and development facility in Longmont, CO, which serves as the hub for the Company’s gold-standard quality practices

With a legacy spanning over 25 years, this strategic evolution underscores the Company’s true identity as the pioneer of NAD+ research and innovator behind transformative NAD-boosting healthy-aging solutions. At the forefront is Niagen Bioscience’s clinically proven, patented flagship nicotinamide riboside (NR) ingredient, Niagen® – the most well-researched, efficient, and high-quality, and legal NAD+ booster available.

“This is more than a name change; this is a turning point in our story,” said Rob Fried, CEO of Niagen Bioscience. “We have achieved several scientific, financial, and strategic milestones. As Niagen Bioscience, the global leader in NAD+ science and commerce, we have the opportunity to help every living being around the world age better.”

Building on a 25+ year legacy, Niagen Bioscience’s renewed mission is simple yet powerful: “There’s a better way to age.” The Company remains dedicated to addressing one of life’s most complex challenges—aging. Embodying precision science, Niagen Bioscience is distinguished by state-of-the-art laboratories, rigorous scientific and quality protocols, and independent research collaborations with renowned investigators and institutions worldwide.

Niagen Bioscience’s clinically proven product portfolio, Tru Niagen® and Niagen Plus, is the pinnacle of NAD+ supplementation. Tru Niagen, the Company’s consumer supplement featuring clinically proven food-grade Niagen (patented NR), is the number one NAD+ boosting oral supplement in the United States. Niagen Plus features pharmaceutical-grade Niagen (NR), compounded by U.S. FDA-registered 503B outsourcing facilities. It is available by prescription as intravenous (IV) and injectable Niagen. Niagen Bioscience is the first company in the U.S. to offer a novel branded ingredient (Niagen) both as a direct-to-consumer dietary supplement (Tru Niagen) and as an intravenous and injectable pharmaceutical-grade product (Niagen IV).

“Our new identity creates a stronger foundation for expanding scientific discoveries and opens doors for potential future strategic partnerships across the bioscience and healthcare sectors,” added Mr. Fried. “With this name change, we are celebrating that Niagen is a household name synonymous with healthy aging.”

Niagen Bioscience recently reported its fourth quarter and full-year 2024 financial results, with strong full-year net sales at $99.6 million, up 19% from the prior year, and $44.7 million in cash and no debt position. Niagen Bioscience continues to lead the NAD+ space and is reinforced by strong financial results, Tru Niagen’s position as the number one NAD+ boosting supplement in the United States, the onboarding of Niagen IV at 475 clinics nationwide, and the Company’s distinctive external research program, which has generated over 35 human clinical studies on Niagen.

To mark this milestone today, the Niagen Bioscience executive team will participate in the Nasdaq Closing Bell Ceremony on March 19, 2025, the same day as the official announcement. A live-stream of the Nasdaq Closing Bell Ceremony will take place at www.nasdaq.com at 3:50 pm ET / 12:50 pm PT. This event symbolizes the Company’s next chapter as the pioneer of NAD+ and healthy-aging science.

To learn more about Niagen Bioscience’s bold new chapter, visit www.niagenbioscience.com. Follow the Company’s news, research milestones, and announcements on social media here https://linktr.ee/niagenbioscience.

About Niagen Bioscience:

Niagen Bioscience, Inc. (NASDAQ: NAGE), formerly ChromaDex Corp., is the global leader in NAD+ (nicotinamide adenine dinucleotide) science and healthy-aging research. As a trusted pioneer of NAD+ discoveries, Niagen Bioscience is dedicated to advancing healthspan through precision science and innovative NAD+-boosting solutions.

The Niagen Bioscience team, composed of world-renowned scientists, works with independent investigators from esteemed universities and research institutions around the globe to uncover the full potential of NAD+. A vital coenzyme found in every cell of the human body, NAD+ declines with age and exposure to everyday lifestyle stressors. NAD+ depletion is a key contributor to age-related changes in health and vitality.

Distinguished by state-of-the-art laboratories, rigorous scientific and quality protocols, and collaborations with leading research institutions worldwide, Niagen Bioscience sets the gold standard for research, quality, and innovation. There’s a better way to age.

At the heart of its clinically proven product portfolio is Niagen® (patented nicotinamide riboside, or NR), the most efficient, well-researched, high-quality, and legal NAD+ booster available. Niagen powers the Company’s consumer supplement, Tru Niagen®, the number one NAD+ boosting oral supplement in the United States (available at www.truniagen.com), and Niagen Plus, featuring pharmaceutical-grade intravenous (IV) and injectable Niagen products (www.niagenplus.com). Pharmaceutical-grade Niagen IV and injections are compounded and distributed by U.S. FDA-registered 503B outsourcing facilities and are available exclusively at clinics with a prescription.

Niagen Bioscience’s robust patent portfolio protects NR and other NAD+ precursors. Niagen Bioscience maintains a website at www.niagenbioscience.com, where copies of press releases, news, and financial information are regularly published.

Forward-Looking Statements:

This release contains forward-looking statements within the meaning of Section 27A of the Securities Act of 1933, as amended, and Section 21E of the Securities and Exchange Act of 1934, as amended, including statements related to the company’s future plans, business strategy, and expected outcomes following the name change. Statements that are not a description of historical facts constitute forward-looking statements and may often, but not always, be identified by the use of such words as “expects,” “anticipates,” “intends” “estimates,” “plans,” “potential,” “possible,” “probable,” “believes” “seeks,” “may,” “will,” “should,” “could,” “predicts,” “projects,” “continue,” “would” or the negative of such terms or other similar expressions.

Risks that contribute to the uncertain nature of the forward-looking statements include: inflationary conditions and adverse economic conditions; our history of operating losses and need to obtain additional financing; the growth and profitability of our product sales; our ability to maintain and grow sales, marketing and distribution capabilities; changing consumer perceptions of our products; our reliance on a single or limited number of third-party suppliers; risks of conducting business in China; including unanticipated developments in and risks related to the Company’s ability to secure adequate quantities of pharmaceutical-grade Niagen in a timely manner; the Company’s ability to obtain appropriate contracts and arrangements with U.S. FDA-registered 503B outsourcing facilities required to compound and distribute pharmaceutical-grade Niagen to clinics; the Company’s ability to remain on the U.S. FDA Bulk Drug Substances Nominated for Use in Compounding Under Section 503B of the Federal Food, Drug, and Cosmetic Act Category 1 list; the Company’s ability to maintain and enforce the Company’s existing intellectual property and obtain new patents; whether the potential benefits of NRC can be further supported; further research and development and the results of clinical trials possibly being unsuccessful or insufficient to meet applicable regulatory standards or warrant continued development; the ability to enroll sufficient numbers of subjects in clinical trials; determinations made by the FDA and other governmental authorities; and the risks and uncertainties associated with our business and financial condition in general. More detailed information about the Company and the risk factors that may affect the realization of forward-looking statements is set forth in the Company’s most recent Annual Report on Form 10-K, the Company’s Quarterly Reports on Form 10-Q and other filings submitted by the Company to the SEC, copies of which may be obtained from the SEC’s website at www.sec.gov. Readers are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date hereof, and actual results may differ materially from those suggested by these forward-looking statements. All forward-looking statements are qualified in their entirety by this cautionary statement and Niagen Bioscience undertakes no obligation to revise or update this release to reflect events or circumstances after the date hereof.

Based on the top-selling dietary supplement brands by revenue per the largest U.S. e-commerce marketplace (as of 1/1/2024 – 12/31/2024).

Niagen Bioscience Media Contact:

Kendall Knysch, Senior Director of Media Relations & Partnerships

310.405.5227

[email protected]

Niagen Bioscience Investor Relations Contact:

Ben Shamsian

Lytham Partners

646-829-9701

[email protected]

KEYWORDS: United States North America California

INDUSTRY KEYWORDS: Research Vitamins/Supplements Seniors Fitness & Nutrition Alternative Medicine Health Consumer Pharmaceutical Science

MEDIA:

Photo
Photo
Niagen Bioscience’s state-of-the-art research and development facility in Longmont, CO, which serves as the hub for the Company’s gold-standard quality practices
Logo
Logo

Xometry Becomes One Of The First Companies To Achieve Cybersecurity Maturity Model Certification (CMMC Level 2) For Meeting Rigorous Cybersecurity Standards

  • CMMC Level 2 Compliance Reflects Xometry’s Adherence To Cybersecurity And Information Security Standards For The Aerospace And Defense Industries
  • CMMC Compliance Ensures Companies Doing Business With U.S. Department of Defense Have The Appropriate Measures In Place To Protect Controlled Unclassified Information

NORTH BETHESDA, Md., March 19, 2025 (GLOBE NEWSWIRE) — Xometry (NASDAQ: XMTR), the global AI-powered marketplace connecting enterprise buyers with suppliers of manufacturing services, today announced it has become one of the first companies in any industry to achieve Cybersecurity Maturity Model Certification (CMMC Level 2), for adherence to rigorous cybersecurity and information security standards for the aerospace and defense industries as set forth by the U.S. Department of Defense.

The recently finalized CMMC framework requires contractors seeking to do business with the Department of Defense to comply with stringent cybersecurity requirements for protecting Controlled Unclassified Information (CUI), including ITAR-regulated export-controlled data, and to undergo an audit by a Certified Third-Party Assessor Organization (C3PAO). Xometry received a perfect score.

“Xometry’s CMMC Level 2 certification demonstrates our industry leadership, and reinforces our position as a trusted partner for domestic aerospace companies, defense agencies, and other organizations that require strict data protection measures,” said Tarit Mitra, Xometry’s head of cyber and information security. “In today’s complex and challenging landscape, protecting sensitive information is not just a regulatory requirement—it’s a critical component of maintaining trust with our customers and protecting sensitive information vital to our national security.”

Learn more about Xometry’s CMMC certification here and see its full list of U.S.-based certificates and registrations here.

Xometry’s two-sided, e-commerce marketplace plays a vital role in the rapid digital transformation of America’s manufacturing industry. Xometry’s proprietary technology shortens development cycles, drives efficiencies within corporate environments and helps companies create resilient supply chains. Xometry’s product portfolio includes its industry leading digital marketplace; popular Thomasnet® industrial sourcing platform, and cloud-based tools and centralized project management software for large, mission-critical projects.

About Xometry


Xometry’s
 (NASDAQ:XMTR) AI-powered marketplace, popular Thomasnet® industrial sourcing platform and suite of cloud-based services are rapidly digitizing the manufacturing industry. Xometry provides manufacturers the critical resources they need to grow their business and makes it easy for buyers to create locally resilient supply chains. The Xometry Instant Quoting Engine® leverages millions of pieces of data to analyze complex parts in real-time, matches buyers with the right suppliers globally, and provides accurate pricing and lead times. Learn more at www.xometry.com or follow @xometry.

Contacts:

Media:
Matthew Hutchison
[email protected]

Investors:
Shawn Milne
[email protected]

A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/28a9f48b-8e02-4cd7-ae76-9de6672dee95



Gildan Announces Participation at the 28th Annual CIBC Retail and Consumer Conference in Toronto

MONTREAL, March 19, 2025 (GLOBE NEWSWIRE) — Gildan Activewear Inc. (GIL: TSX and NYSE) announced today that Glenn J. Chamandy, President & Chief Executive Officer; Luca Barile, Executive Vice-President and Chief Financial Officer; and Jessy Hayem, Senior Vice-President, Head of Investor Relations and Global Communications, will participate in a fireside chat and one-on-one meetings with investors at the 28th Annual CIBC Retail and Consumer Conference in Toronto on Wednesday, March 26, 2025.

About Gildan

Gildan is a leading manufacturer of everyday basic apparel. The Company’s product offering includes activewear, underwear and socks, sold to a broad range of customers, including wholesale distributors, screenprinters or embellishers, as well as to retailers that sell to consumers through their physical stores and/or e-commerce platforms and to global lifestyle brand companies. The Company markets its products in North America, Europe, Asia Pacific, and Latin America, under a diversified portfolio of Company-owned brands including Gildan®, American Apparel®, Comfort Colors®, GOLDTOE®, and Peds®, and under an exclusive licensing agreement for the printwear channel for Champion®.

Gildan owns and operates vertically integrated, large-scale manufacturing facilities which are primarily located in Central America, the Caribbean, North America, and Bangladesh. Gildan operates with a strong commitment to industry-leading labour, environmental and governance practices throughout its supply chain in accordance with its comprehensive ESG program embedded in the Company’s long-term business strategy. More information about the Company and its ESG practices and initiatives can be found at www.gildancorp.com.

Investor inquiries:

Jessy Hayem, CFA
Senior Vice-President, Head of Investor Relations
and Global Communications
(514) 744-8511
[email protected]
Media inquiries:

Genevieve Gosselin
Director, Global Communications
and Corporate Marketing
(514) 343-8814
[email protected]



CMC Announces Quarterly Dividend of $0.18 Per Share

PR Newswire


IRVING, Texas
, March 19, 2025 /PRNewswire/ — Today, March 19, 2025, the board of directors of Commercial Metals Company (“CMC” or the “Company”) (NYSE: CMC) declared a regular quarterly cash dividend of $0.18 per share of CMC common stock. CMC’s 242nd consecutive quarterly dividend will be paid on April 9, 2025, to stockholders of record as of the close of business on March 31, 2025. 

About CMC

CMC is an innovative solutions provider helping build a stronger, safer and more sustainable world. Through an extensive manufacturing network principally located in the United States and Central Europe, CMC offers products and technologies to meet the critical reinforcement needs of the global construction sector. CMC’s solutions support early-stage construction across a wide variety of applications, including infrastructure, non-residential, residential, industrial and energy generation and transmission.

Cision View original content:https://www.prnewswire.com/news-releases/cmc-announces-quarterly-dividend-of-0-18-per-share-302405820.html

SOURCE Commercial Metals Company