Meizu's Mr. Gu Binbin at MWC25: Meizu is Back to Global Market with Flyme AI Ecosystem

BARCELONA, Spain, March 5, 2025 /PRNewswire/ -- Meizu has marked its back to global market at MWC in Barcelona. In exclusive interactions with several media outlets, Mr. Gu Binbin, the executive director of overseas business, discussed the brand's global strategy, "smart phones + XR + smart cars" ecosystem, and localization operations.

As Meizu has amassed a huge fan base over the past years both in China and globe, the announcement of going back to global market attracts widespread attention. The first question Mr. Gu need to answer, is Meizu's globalization strategy and how to choose the right market.

"Our globalization strategy is rooted in two pillars: market demand and technological innovation. " Mr. Gu shows his strategic thoughts and tells Meizu's approach.

"We now operates in over 30 countries and regions across Asia-Pacific, Latin America, the Middle East, Central Asia and Europe. Each market requires tailored solutions, so we have our 'Global Vision, Local Execution' approach." This approach ensures that marketing, R&D, and customer support resonate with each market's unique dynamics, which are the foundation of  Meizu's localization strategy. In the near future, Meizu will deepen presence in these markets while exploring new opportunities.

Mr. Gu mentioned that the strategies now implementing which differentiate Meizu from other competitors, "Smart phone + XR + Smart cars" ecosystem and "All in AI" strategy. In Meizu's philosophy, smart phones, AR and smart cars are all important parts of the digital life of the future. While each serves distinct purposes, they can be highly interconnected technically.

The core is Flyme AIOS which can seamlessly connect the smart phones, XR glasses and cars, bring a more complete and intelligent experience for consumers. For instance, consumers can set navigation routes through their mobile phones and sync the information to the centre control screens of XR glasses and cars. In a meeting, XR Glasses can translate and synchronize the minutes of the meeting to the mobile phone and computer in real time; while the smart car can automatically plan the best route according to the consumers' schedule. This multi-terminal collaborative experience not only improves the consumers' work efficiency, but also enhances the product's usage scenario and value.

Last year, Meizu introduced its "All in AI" strategy, placing AI at the core of its product development across the entire line. With AI as its foundation, Meizu has built a multi-scenario convergent AI ecosystem, and provide more intelligent functions to users. For instance, on mobile phones, AI technology enhances functions such as photo taking, voice assistant and personalized recommendations. XR glasses achieve innovative applications such as real-time translation, navigation and conference assistant through AI. On smart cars, the AI-driven Flyme Auto system provides users with a smarter driving experience.

Moreover,  the collaboration with Geely Group accelerates Flyme Auto's technology adoption and industry empowerment. Flyme Auto is one of China's most widely adopted smart cockpit OS, installed in over 500,000 vehicles.

As one of the smoothest and fastest-growing smart cockpit operating systems. In January 2025, the sales volume of smart cars installed with Flyme Auto exceeded 132,000 units, ranking number one. Also, Flyme Auto has synchronized with Geely to go global, adapting 22 models from Geely, LYNK & CO and other brands. Flyme Auto now has been exported to the Middle East, Eastern Europe, Asia-Pacific and other regions, bringing thousands of consumers a brand new cross-terminal intelligent experience.

Worth mentioning is that Meizu is the smartphone brand of DreamSmart Group, which carries AI eco-products in three product areas, which are smartphones, XR and smart cars. With deep technological expertise in multiple industries, DreamSmart is recognized as a leader in smart ecosystems.

Looking ahead, Meizu will stand firm to "All in AI" and globalization strategy and continue to invest in product development and market expansion, bringing better full ecological products to tech lovers around the world.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

Meizu's Mr. Gu Binbin at MWC25: Meizu is Back to Global Market with Flyme AI Ecosystem

Meizu's Mr. Gu Binbin at MWC25: Meizu is Back to Global Market with Flyme AI Ecosystem

SINGAPORE, May 15, 2025 /PRNewswire/ -- Golden Agri-Resources Ltd ("GAR" or the "Company") continued to improve its financial performance in the first quarter of 2025, driven by increased plantation output and appreciation in crude palm oil (CPO) prices. CPO market prices (FOB Belawan) for the quarter averaged US$1,156 per tonne, up 27% from the same period last year. This supported a 19% growth in revenue to US$3.04 billion, offsetting a dip in sales volume during this period.

EBITDA for the first quarter of 2025 grew by 12% year-on-year, reaching US$259 million, while maintaining a steady margin of 8.5%. Underlying profit increased by US$10 million from the previous year to reach US$89 million. Combined with a reduction in foreign exchange loss, net profit surged by 47%, totalling US$55 million.

The continued recovery in palm production was a key driver of GAR's first quarter results, mitigating softer downstream performance due to lower merchandising volumes in a competitive market environment. The Company remains committed to expanding its portfolio of higher value-added products in destination countries to help weather these market trends.

GAR's financial position remained healthy with an improved gearing ratio of 0.65 times and net debt to EBITDA ratio of 0.41 times.

On the outlook, Mr. Franky O. Widjaja, GAR Chairman and Chief Executive Officer commented: "Palm oil production in early 2025 is emerging well from disruptions caused by extreme weather, showing potential to gradually ease tightness in global vegetable oil supply. However, growth prospects for soft commodities remain constrained by shifting weather patterns and geopolitical uncertainty. Global trade tensions are having a significant impact on market dynamics, particularly for soybean oil. These factors, combined with more competitive palm oil prices due to narrowing price premiums, are expected to support CPO prices in the near term. We will continue to observe these rapidly developing dynamics, as well as global macroeconomic conditions that may influence market trends."

Operational Highlights

As of 31 March 2025, GAR's planted area was approximately 534,000 hectares, of which 499,000 hectares were mature. Nucleus and plasma estates made up 417,000 and 117,000 hectares of this area respectively.

Fruit yield for the first quarter of 2025 recorded strong growth, increasing by 12% to 4.35 tonnes per hectare from 3.89 tonnes in the same period last year, as the impact of El Niño subsided. Palm product output increased by 11% to 658,000 tonnes compared with 590,000 tonnes in the same period last year, despite ongoing preparation for replanting.

In line with slowing global economic conditions, GAR's downstream business saw a 5% year-on-year decrease in sales volume during the first quarter of 2025. Nonetheless, GAR continues to strengthen its competitive edge by pursuing enhanced plantation productivity and higher value-added products to drive long-term growth.

Investment in Sustainability

GAR is progressing with decarbonisation efforts in line with the Company's Net Zero 2050 ambition. In addition to enhancing delivery on the Company's No Deforestation, No Peat and No Exploitation (NDPE) policies across its supply chain, priorities include strengthening emissions tracking and engaging key suppliers to better map and manage Scope 3 supply chain emissions. Efforts are also underway to enhance energy efficiency and accelerate the Company's transition to renewable energy. 

The Company continues to advance its commitment to responsible sourcing. The blockchain-powered SmartTrace traceability system, launched in late 2024, is helping GAR and its customers to navigate growing regulatory and compliance demands, including the EU Deforestation Regulation (EUDR). The Company has conducted limited customer trials for the system, showcasing its ability to support compliance through secure, transparent supply chain data.

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

GAR Profits Surge in Competitive Market Environment During the First Quarter of 2025

GAR Profits Surge in Competitive Market Environment During the First Quarter of 2025