Category: Transport

  • MIL-OSI United Kingdom: Organised drug trafficker has sentence increased

    Source: United Kingdom – Executive Government & Departments

    Press release

    Organised drug trafficker has sentence increased

    A member of an organised crime operation that trafficked cocaine across the Southwest has had his sentence increased, after the Solicitor General intervened.

    Stephen Wills, 36, from Bridford, Exeter, has had his sentence increased by five years under the Unduly Lenient Sentence scheme, following an intervention by the Solicitor General Lucy Rigby KC MP.

    The court heard that between 2019 and 2020, Wills was part of two organised crime groups that trafficked tens of thousands of pounds-worth of cocaine across the country.

    The group delivered drugs from a foreign crime group operating in London to drug dealers around Exeter.

    Wills played a significant role operating from the rented farmhouse where he lived with his family, using the outbuildings to store and package cocaine and to harvest and produce cannabis.

    Police discovered this when the offender was stopped in his vehicle and arrested on 1 May 2020.

    A subsequent investigation of the property found several firearms, ammunition and more than a quarter kilogram of cocaine, with a wholesale value of over £46,000.

    The court also heard that Wills had 33 previous convictions, including for firearm offences. Wills was prohibited from possessing a firearm or ammunition for five years in 2018. In 2021, he was convicted for three offences relating to possession of an air rifle and ammunition

    The Solicitor General Lucy Rigby KC MP said:

    This offender was part of two organised crime gangs which trafficked significant quantities of drugs across the country.

    We know that the impact of organised crime on our communities is devastating and I welcome the Court’s decision to increase Wills’ sentence following my intervention.” 

    On 13 March 2025, Stephen Wills was sentenced to nine years’ imprisonment at Exeter Crown Court after he was sentenced for conspiracy to supply and possession with intent to supply class A and B drugs and possession of a prohibited firearm.

    On 5 June 2025, Wills’ sentence was increased from nine years to 14 years after it was referred to the Court of Appeal under the Unduly Lenient Sentence

    Updates to this page

    Published 6 June 2025

    MIL OSI United Kingdom

  • MIL-OSI Russia: Republic of Lithuania: Staff Concluding Statement of the 2025 Article IV Mission

    Source: IMF – News in Russian

    June 6, 2025

    A Concluding Statement describes the preliminary findings of IMF staff at the end of an official staff visit (or ‘mission’), in most cases to a member country. Missions are undertaken as part of regular (usually annual) consultations under Article IV of the IMF’s Articles of Agreement, in the context of a request to use IMF resources (borrow from the IMF), as part of discussions of staff monitored programs, or as part of other staff monitoring of economic developments.

    The authorities have consented to the publication of this statement. The views expressed in this statement are those of the IMF staff and do not necessarily represent the views of the IMF’s Executive Board. Based on the preliminary findings of this mission, staff will prepare a report that, subject to management approval, will be presented to the IMF Executive Board for discussion and decision.

    Washington, DC – June 6, 2025: Lithuania has proved resilient to multiple shocks in recent years. However, new challenges are emerging—including further increases in defense expenditure adding to the existing long-term spending pressures—while long-standing structural issues still require attention. Lithuania needs to reignite its reform momentum to boost productivity while addressing these challenges. A comprehensive strategy is needed to preserve fiscal space through revenue mobilization, enhanced spending efficiency, and limiting further spending pressures by strengthening the multi-pillar pension system. Structural reforms should focus on facilitating investments and accelerating the adoption of new technologies to boost productivity growth, supplemented by labor market policies, including reducing skills mismatches. Financial sector policies should continue to safeguard financial stability and integrity.

    Recent Developments, Outlook, and Risks

    The economy grew strongly in 2024. Growth accelerated to 2.7 percent—well above peers—driven by private consumption supported by significant real income gains. The recovery was broad-based across sectors, including manufacturing and high value-added services, despite sluggish productivity growth. While inflation remained low for the most part of the year, it has risen since late 2024, driven by higher energy prices and excise duties.

    While fiscal performance exceeded expectations, the deficit widened, and the debt ratio is increasing. The deficit almost doubled from 0.7 percent of GDP in 2023 to 1.3 percent of GDP in 2024, reflecting increased public wages and pensions. Higher revenues supported by robust aggregate wage growth and lower-than-anticipated expenditure, mainly from the accrual correction in defense spending, prevented the deficit from increasing further. However, pre-payments for additional orders of defense equipment and the continued buildup of the general government cash buffer contributed to an increase in the debt-to-GDP ratio from 37.3 percent in 2023 to 38.2 percent in 2024, for the first time since 2020.

    The banking sector remains financially sound, with high capitalization, ample liquidity buffers, and low non-performing loan (NPL) ratios. Banks continue to be highly profitable, although profitability eased in 2024 compared to the record high levels seen in the previous year, against lower interest rates driven by ECB monetary policy easing.

    There are signs of gradual financial expansion. Reflecting decreasing lending rates and recovering credit demand, loan growth to both non-financial corporations and households recovered in 2024 and early 2025, and credit-to-GDP ratios have increased moderately. House price growth stabilized in 2024, down from the 2022 peak. Nevertheless, house prices are likely not significantly above levels justified by fundamentals, given the recent robust demand while housing supply is increasing, and affordability has improved.

    The economy is expected to grow at 2.8 percent in 2025 while inflation will increase to 3.1 percent. Growth will be supported by private consumption and rising investment related to EU funds. External demand will remain subdued reflecting uncertainty regarding trade policies, despite the positive outlook of information and communication technologies (ICT) and professional activities. Increased excise duties and persistently high wage growth will keep headline and core inflation above pre-pandemic averages in the coming years. The labor market will tighten reflecting negative labor force dynamics affected by the normalization of migration flows.

    Risks to the outlook are tilted to the downside. As a small open economy, Lithuania is exposed to high uncertainty around trade policies and geopolitical risks. A severe downturn in its main trade partners would worsen the external performance and domestic activity. In the medium term, weaker demographics pose risks to labor supply which could add pressures on wages and competitiveness if productivity growth fails to accelerate. In the absence of sufficient measures, the fiscal position is subject to considerable medium-term risk with higher defense spending needs adding to the already high existing long-term pressures.

    Fiscal Policy

    A moderately less expansionary fiscal stance than currently expected would be helpful in 2025, and the strategy should shift to preserving fiscal space. The deficit is projected to rise to 2.8 percent of GDP in 2025, due to significant increases in pension spending and higher public sector wages. However, with a small and decreasing negative output gap under staff projections and considering mounting spending pressures in the medium term, going forward, a moderately tighter fiscal stance to reduce deficits and stabilize the debt-to-GDP ratio would be appropriate. With a view to safeguarding fiscal buffers and minimize the need for larger adjustments in later years, any unused spending or revenue overperformance this year should be saved to limit the deficit increase.

    A stronger fiscal adjustment will be required if defense spending rises notably from current levels. The envisaged increase in defense spending to 5-6 percent of GDP in 2026-30 from the current level of 3 percent would raise financing needs significantly. In the absence of additional fiscal measures, debt could reach 60 percent of GDP by 2030. The proposed tax policy changes to accommodate these spending needs are welcome, but the revenue yield is estimated to be modest. Greater efforts will therefore be needed to maintain debt dynamics on a sustainable path in the medium term to preserve fiscal space to absorb possible future shocks. An average annual adjustment of about 0.5 percentage points of GDP in the general government balance over 2026-30, with the majority of additional defense spending financed by front-loaded increases in tax revenues, would help stabilize debt at around 50 percent of GDP by 2030.

    Financing options for additional defense spending should be anchored by revenue mobilization. While temporary measures and productivity-enhancing capital expenditure could be deficit-financed, a sizable part of the additional defense spending is likely to be permanent, warranting higher revenues or lower spending in other areas. The tax policy change proposal appropriately targets a mix of taxes, but there is further scope to raise additional revenues while improving the system, including increasing progressivity and efficiency. This could include raising revenues through making the personal income tax (PIT) system more progressive and streamlining the tax schedules to prevent higher marginal tax rates for lower income earners, limiting exemptions in corporate income taxes (CIT) and property taxes, and reducing the value added tax (VAT) compliance gap while improving VAT efficiency.

    Revenue mobilization should be complemented by spending measures. Fiscal savings could be generated by improving spending efficiency, including in healthcare and education. Hospital network rationalization could enhance the quality of service while reducing costs. The teacher-student ratio is relatively high for secondary education and there is room to rationalize the school network while improving quality.

    Strengthening the multi-pillar pension system will limit some of the additional spending pressures in the medium-term. The current pension system implies significant increases in public pension expenditure over the next two decades, driven by adverse demographics, while replacement ratios will remain low. The Pillar II reform proposal under discussion, entailing participation to become voluntary and increased options to opt out and suspend participation, is likely to further reduce the replacement rate. These changes could have a material impact on the entire pension system and the public finances. Staff urges the authorities to allow sufficient time to carefully consider all potential ramifications, including through further thorough analysis of the social and fiscal sustainability of the broader pension system.

    Financial Sector Policies

    Financial sector policies should continue to focus on safeguarding financial stability. Bank profitability is expected to moderate further but to remain high in 2025. Financial conditions are likely to ease in 2025 due to declining ECB policy rates and increased competition in financial sector, such as from the increasing footprint of fintech companies. Solvency and liquidity stress tests conducted by the Bank of Lithuania suggest that banks can withstand adverse macroeconomic scenarios and unexpected liquidity shocks. While some smaller banks require enhancing capitalization and closer oversight, all in all, financial stability risks arising from the banking system are broadly contained. With an increased frequency of cyberattacks on banks in recent years, cyber resilience should continue to be strengthened, including the full implementation of the Digital Operational Resilience Act (DORA) regulation.

    The current macroprudential stance is broadly appropriate, but continued vigilance is warranted. Financial cycles including residential real estate and private sector credit so far have exhibited no major signs of overheating, but the sustained pace of expansion requires close monitoring and readiness to act in case early signs of an excessive financial expansion emerge. Despite the low exposure of banks, the commercial real estate market continues to require attention as risks of price corrections remain due to the persistent imbalance between supply and demand. In the event of a significant adverse financial shock with the potential to trigger widespread losses in the banking sector, the relaxation of capital-based measures would be appropriate to minimize credit supply disruptions and support lending to the economy.

    The AML/CFT framework has been strengthened significantly, but continued effective implementation is essential. The third national risk assessment identified virtual asset service providers (VASPs), and electronic money institutions (EMI), and payment institutions (PI) as posing significant ML/TF risks. The authorities should continue AML/CFT efforts to mitigate cross-border risks, including Bank of Lithuania’s oversight and market controls for newly licensed VASPs under MiCAR regime, supervision of payment service institutions, and AML/CFT measures for CENTROlink members.

    Structural Reforms

    Lithuania faces structural headwinds limiting productivity and long-term growth. The recent recovery has been largely driven by higher labor accumulation enabled by temporary net migration, while the contributions from capital and total factor productivity (TFP) growth remained smaller than those observed during earlier periods of faster income convergence. Given expected population declines in the coming years, structural reforms to facilitate greater capital deepening and higher productivity growth are essential.

    Higher investment is needed to support potential growth. Low capital intensity remains a key barrier to productivity growth and the transition towards a higher value-added oriented economy. Development of risk capital, co-financing and mechanisms for risk sharing tailored to enhance the flow of credit to small and medium sized enterprises (SMEs), targeted credit guarantee schemes and integrating digital solutions can help alleviate constraints related to the lack of access to finance experienced by some firms. In this context, the expanded role of the state-owned institution ILTE—previously INVEGA—can play a role, complementing the private banking sector in supporting investment in areas such as high value-added sectors, innovation, energy efficiency, and strategic infrastructures. To consolidate the institution’s role as a national development bank, it is essential to ensure effective monitoring and transparency of ILTE operations. More fundamentally, deepening the EU’s single market—combined with stronger incentives to develop domestic capital markets—would help support access to finance of corporates and further productive investments in the country.

    Inefficiencies in the education system contribute significantly to the persistent skills mismatches in Lithuania’s labor market. As one of the countries with the highest skills mismatches in Europe, Lithuania faces ongoing challenges despite measures including the government’ active labor market policies and their evaluation and the smart specialization multi-year program aimed at enhancing workforce skills. Critical shortages persist in essential sectors, including nursing, engineering, and scientific fields, highlighting the urgent need for strategic reforms in education and training to better align with market demands.

    Ensuring effective integration of migrants into the labor market is crucial to sustain the labor force. Recent immigrants have been successfully absorbed into the Lithuanian labor market and legislative amendments have enabled easier migration for high-skilled workers despite the reduction of the non-EU workers quota in 2025. Policies should focus on integrating migrants in the most productivity-enhancing way possible while facilitating the participation of foreign professionals in those sectors with the largest shortages.

    Further investment in digitalization and AI preparedness has the potential to boost productivity growth. Lithuania has invested significantly in digitalizing its economy in recent years, becoming one of the main fintech hubs in Europe. However, despite progress in digitalization and in AI preparedness, its digital infrastructure remains close to the EU average. To unlock possibly substantial productivity gains, policies should aim to facilitate technological diffusion, job transition and AI adoption among firms, while introducing measures to mitigate associated risks in terms of possible job replacements and inequality deepening. In this respect, the recent initiatives included in the START plan aimed at promoting digitalization and the deployment of AI both in the private sector and in public administration will support these efforts.

    Energy security has been reinforced in the last years. The Baltic countries joined the European electricity grid in 2025, completely disconnecting from the Russian electricity system. Moreover, Lithuania has diversified its energy sources and import dependency has been lowered through the intensification of domestic electricity production from renewable sources in the recent years. Still, being susceptible to risks associated with climate change, Lithuania needs to accelerate the green transition, particularly for adaptation. In this respect, future investment in new technologies and defense initiatives should not thwart efforts to reduce economy-wide emissions, such as the recently adopted policies in the context of the updated National Energy and Climate Action Plan (NECP) for the period 2021–2030.

    The IMF team is grateful for the warm hospitality of the Lithuanian authorities and would like to thank all its interlocutors in government, the Bank of Lithuania, the European Central Bank, the private sector, unions, and business associations for constructive and fruitful discussions.

    IMF Communications Department
    MEDIA RELATIONS

    PRESS OFFICER: Boris Balabanov

    Phone: +1 202 623-7100Email: MEDIA@IMF.org

    https://www.imf.org/en/News/Articles/2025/06/06/mcs662025-lithuania-staff-concluding-statement-2025-article-iv-mission

    MIL OSI

    MIL OSI Russia News

  • MIL-OSI Asia-Pac: Edison Awards_Bronze Featureless-Secure Encryption System for IOT(MIRDC)

    Source: Republic of China Taiwan

    In an era where cybersecurity has become a core focus of global industrial development, the MIRDC once again demonstrates Taiwan’s innovation strength in information security. Its self-developed “Featureless-Secure Encryption System for IoT (FSESI)” has been honored with the Bronze Award at the 2025 Edison Awards for Innovation. The technology overcomes long-standing limitations of chaotic encryption, offering a revolutionary solution for secure data transmission across IoT and international digital infrastructure.

    Chaotic encryption, known for its high randomness and theoretical unbreakability, has long been viewed as a promising approach to data security. However, its real-world application has been hindered by sensitive parameter dependencies, complex key management, high computational costs, and data length constraints. With FSESI, MIRDC has addressed these challenges by creating a next-generation encryption system featuring untraceable, high-entropy keys, a lightweight algorithm, and real-time synchronized encryption and decryption. This dramatically enhances both the practicality and security of chaotic encryption.

    At the core of FSESI is the use of multiple dynamically selected chaotic systems to generate keys that closely approximate true randomness. A specially designed sliding synchronization algorithm enables the rapid convergence of encryption and decryption systems, instantly generating identical key streams on both ends without requiring key transmission. This eliminates one of the most vulnerable points in traditional encryption: the key exchange process.

    Technically, FSESI also discretizes the continuous differential equations of chaotic systems and applies carefully selected parameters, reducing computational load by approximately 60%. This significantly lowers CPU/GPU resource consumption, enabling high-performance, low-power encryption protection. Meanwhile, encrypted data undergoes dynamic random topic transformation, making it completely unidentifiable during transmission and highly resistant to data interception and reverse engineering.

    FSESI is particularly suitable for environments requiring secure, synchronized communication across multiple devices and domains-such as IoT systems, blockchain nodes, drones, intelligent transportation, and medical data transmission. The system has already passed real-world validation through field testing with metal product manufacturers and equipment suppliers. It has also been successfully licensed to automation service integrators, helping manufacturing sectors strengthen the cybersecurity of their operational technology (OT) systems.

    More than just an evolution in encryption technology, FSESI represents a paradigm shift in cybersecurity-from identity-based defense to stealth-based protection. With its dynamic, featureless, and decentralized security architecture, FSESI offers robust defense against modern threats while preserving data privacy across digital ecosystems. Looking ahead, the system will continue expanding into global applications in manufacturing, healthcare, and smart cities, supporting industries in achieving higher levels of digital trust and security resilience.

    MIL OSI Asia Pacific News

  • MIL-OSI: Form 8.3 – Unite Group plc.

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: Jupiter Fund Management Plc
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
     
    (c)   Name of Offeror in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    Unite Group plc
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  
    (e)   Date position held:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    5th June 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”
    Yes
    Empiric Student Property plc

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 25p ordinary
      Interests Short positions
      Number % Number %
    (1)   Relevant securities owned and/or controlled:        
    (2)   Cash-settled derivatives:     638,177 0.13%
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        

            TOTAL:

        638,177 0.13%

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists: None
    Details, including nature of the rights concerned and relevant percentages: None

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    N/A      

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD
    Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position
    Number of reference securities Price per unit
    NONE        
             

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.
    Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option
    Exercising/ exercised against Number of securities Exercise price per unit
    NONE        

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)
    None      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 6thJune 2025
    Contact name: Claire Rodway
    Telephone number: 0203 817 1441

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network

  • MIL-OSI: Axi Showcases Their Capital Allocation Program, Axi Select, at the Finance Magnates Africa Summit

    Source: GlobeNewswire (MIL-OSI)

    SYDNEY, June 06, 2025 (GLOBE NEWSWIRE) — Leading online FX and CFD broker Axi attended the Finance Magnates Africa Summit (FMAS:25), held on May 29-30, 2025, at the Cape Town International Convention Centre in Cape Town, South Africa.

    Event attendees were introduced to Axi Select, Axi’s capital allocation program launched in 2023. The program, designed to empower ambitious traders on their trading journey, has been a game-changer in the trading field. Tens of thousands of traders worldwide have signed up to Axi Select, with many now reaching significant milestones and accessing funding amounts of $100,000, $200,000, and $500,000, and the top funding milestone, $1,000,000.

    Attendees of the expo also had the opportunity to explore Axi’s Introducing Broker (IB) and Affiliate programs, learn more about the broker’s partnership with Premier League Champions, Man City, as well as snap exclusive photos with Man City’s Premier League memorabilia and the club’s mascot, brought in especially for the event. 

    Further to the broker’s collaboration with Premier League club, Manchester City FC, Axi also partners with Brazilian club, Esporte Clube Bahia, LaLiga club, Girona FC, and named England international John Stones as their Brand Ambassador in 2023. Over the past several months, Axi has garnered significant recognition for its innovation in the trading industry. The broker was recently named ‘Best Funded Trader Programme’ by the ADVFN International Financial Awards 2025, acknowledging the excellence of its capital allocation program, Axi Select. In 2024, Axi was also celebrated at the 2024 Dubai Forex Expo with the ‘Innovator of the Year’ award, and was named ‘Most Innovative Proprietary Trading Firm’ by Finance Feeds, highlighting the broker’s continued focus to providing their traders with the competitive edge they need to succeed.

    View highlights here: https://youtu.be/Ec2VYV8vOi4

    *Granted to the Axi Group of Companies.

    The Axi Select programme is only available to clients of AxiTrader Limited. CFDs carry a high risk of investment loss. In our dealings with you, we will act as a principal counterparty to all of your positions. This content is not available to AU, NZ, EU and UK residents. For more information, refer to our Terms of Service.

    About Axi

    Axi is a global online FX and CFD trading company, with thousands of customers in 100+ countries worldwide. Axi offers CFDs for several asset classes including Forex, Shares, Gold, Oil, Coffee, and more.

    For more information or additional comments from Axi, please contact: mediaenquiries@axi.com

    The MIL Network

  • MIL-OSI: QuantaSing Announces Unaudited Financial Results for the Third Quarter of Fiscal Year 2025

    Source: GlobeNewswire (MIL-OSI)

    BEIJING, June 06, 2025 (GLOBE NEWSWIRE) — QuantaSing Group Limited (NASDAQ: QSG) (“QuantaSing” or the “Company”), a leading lifestyle solution provider, today announced its unaudited financial results for the third quarter of the fiscal year ending June 30, 2025 (the “third quarter of FY 2025”, which refers to the quarter from January 1, 2025 to March 31, 2025).

    Business and Financial Highlights for the Third Quarter of FY 2025

    • Revenues for the third quarter of FY 2025 were RMB570.7 million (US$78.6 million), representing a decrease of 21.5% from the second quarter of the fiscal year ending June 30, 2025 (the “second quarter of FY 2025”) and a decrease of 39.6% from the third quarter of the fiscal year ended June 30, 2024 (the “third quarter of FY 2024”).
    • Gross billings of individual online learning services1 for the third quarter of FY 2025 were RMB515.6 million (US$71.0 million), representing a decrease of 5.6% from the second quarter of FY 2025 and a decrease of 47.5% from the third quarter of FY 2024.
    • Net income for the third quarter of FY 2025 was RMB41.1 million (US$5.7 million), representing a decrease of 67.5% from the second quarter of FY 2025 and an increase of 181.2% from the third quarter of FY 2024.
    • Adjusted net income2 for the third quarter of FY 2025 was RMB37.8 million (US$5.2 million), representing a decrease of 71.3% from the second quarter of FY 2025 and an increase of 18.5% from the third quarter of FY 2024.
    • Total registered users increased by 19.9% to approximately 145.0 million as of March 31, 2025, from 121.0 million as of March 31, 2024.
    • Paying learners was approximately 0.3 million in the third quarter of FY 2025.

    Company Highlight for the Third Quarter of FY 2025

    • Completed acquisition of 61% equity interest in Shenzhen Yiqi Culture Co., Ltd. (“Letsvan”) on March 31, 2025 for a total cash consideration of RMB235.0 million through a multi-step transaction. Results of operations of Letsvan were included in consolidated financials of the Company beginning April 1, 2025. The acquired assets and liabilities of Letsvan are included at fair value in the Company’s consolidated balance sheet as of March 31, 2025.

    Mr. Peng Li, Chairman and Chief Executive Officer of QuantaSing, commented, “Our third quarter results reflect our strategic pivot toward product-driven business models that create long-term value. The acquisition of Letsvan marks a significant milestone in our expansion into the pop toys market, a sector with strong growth potential that perfectly aligns with our brand-first philosophy. The early success of our WAKUKU IP, including the recent Fox and Rabbit collection launch, validates our approach of pairing strong product development capabilities with efficient go-to-market strategies. As we integrate Letsvan’s operations, we’re applying our test-and-scale methodology to build a global presence in this resilient market segment. We aim to create businesses where brand strength and product excellence drive sustainable growth, rather than simply pursuing traffic-driven metrics.”

    Mr. Dong Xie, Chief Financial Officer of QuantaSing, added, “Our financial performance this quarter underscores our commitment to disciplined capital allocation during this transformation phase. While revenue moderated to RMB570.7 million as we shifted resources away from traffic-driven businesses, we’ve maintained strong cash generation across our businesses. Our ROI-focused assessment methodology has allowed us to exit underperforming areas while preserving resources for high-potential opportunities. With our healthy cash position, we have the flexibility to support both our existing operations and our strategic initiatives in the pop toys space. Though we anticipate some near-term profitability fluctuations as we optimize our business mix, our financial foundation remains robust as we execute this strategic evolution.”

    Financial Results for the Third Quarter of FY 2025

    Revenues

    Revenues were RMB570.7 million (US$78.6 million) in the third quarter of FY 2025, compared to RMB945.6 million in the third quarter of FY 2024. The change reflects the Company’s deliberate shift from traffic-driven growth to high-quality growth.

    • Revenues from individual online learning services decreased by 43.6% year over year to RMB467.2 million (US$64.4 million) in the third quarter of FY 2025, from RMB828.1 million in the third quarter of FY 2024. This decrease was primarily due to a decrease of RMB268.3 million (US$37.0 million) in revenues from skills upgrading courses, a decline of RMB74.1 million (US$10.2 million) in revenues from financial literacy courses and a decline of RMB18.5 million (US$2.5 million) in revenues from recreation and leisure courses.
    • Revenues from enterprise services were RMB48.1 million (US$6.6 million) in the third quarter of FY 2025, compared to RMB65.1 million in the third quarter of FY 2024, representing a year-over-year change of 26.1%. The decline was primarily driven by reduced marketing services to enterprise customers.
    • Revenues from consumer business3 were RMB48.7 million (US$6.7 million) in the third quarter of FY 2025, compared to RMB49.4 million in the third quarter of FY 2024. The slight change was primarily attributable to the decline in baijiu revenue, partially offset by the modest increase in wellness products revenue.
    • Revenues from others3 were RMB6.7 million (US$0.9 million) in the third quarter of FY 2025, compared to RMB3.0 million in the third quarter of FY 2024, primarily due to revenue from the Company’s newly initiated business.

    Cost of revenues

    Cost of revenues was RMB96.6 million (US$13.3 million) in the third quarter of FY 2025, compared to RMB145.8 million in the third quarter of FY 2024, representing a 33.8% decrease. The decrease was primarily due to reduced labor outsourcing costs of RMB22.1 million (US$3.1 million), decreased procurement costs of RMB9.6 million (US$1.3 million) and lower staff costs of RMB5.1 million (US$0.7 million).

    Sales and marketing expenses

    Sales and marketing expenses were RMB395.2 million (US$54.5 million) in the third quarter of FY 2025, compared to RMB729.6 million in the third quarter of FY 2024, representing a decrease of 45.8%. The decrease was mainly due to a reduction in marketing and promotion expenses of RMB265.1 million (US$36.5 million), labor outsourcing costs of RMB46.4 million (US$6.4 million), and staff costs of RMB7.9 million (US$1.1 million), which included a decrease in share-based compensation expenses of RMB2.1 million (US$0.3 million).

    Research and development expenses

    Research and development expenses were RMB20.9 million (US$2.9 million) in the third quarter of FY 2025, compared to RMB38.8 million in the third quarter of FY 2024, representing a decrease of 46.2%. The decrease was primarily due to lower staff costs of RMB16.0 million (US$2.2 million).

    General and administrative expenses

    General and administrative expenses were RMB25.0 million (US$3.5 million) in the third quarter of FY 2025, compared to RMB36.4 million in the third quarter of FY 2024, representing a decrease of 31.2%. The decrease was primarily due to lower staff costs of RMB8.0 million (US$1.1 million), which included a decrease in share-based compensation expenses of RMB5.5 million (US$0.8 million).

    Remeasurement gain of previously held equity interests in connection with step acquisitions

    Remeasurement gain of previously held equity interests in connection with step acquisitions were RMB8.1 million (US$1.1 million) in the third quarter of FY 2025, reflecting the fair value adjustment of initial investments in Letsvan before obtaining control. Details of the acquisition can be found in the Recent Developments section of this report.

    Others, net

    Others, net were RMB15.4 million (US$2.1 million) in the third quarter of FY 2025, compared to RMB7.7 million in the third quarter of FY 2024, primarily driven by the increased fair value gains in one of the Company’s long-term investments.

    Net income and adjusted net income

    Net income was RMB41.1 million (US$5.7 million) in the third quarter of FY 2025, compared to RMB14.6 million in the third quarter of FY 2024. Adjusted net income was RMB37.8 million (US$5.2 million) in the third quarter of FY 2025, compared to RMB31.9 million in the third quarter of FY 2024.

    Earnings per share and adjusted earnings per share4

    Basic and diluted net income per share were both RMB0.25 (US$0.03) in the third quarter of FY 2025, compared to basic and diluted net income per share of RMB0.09 in the third quarter of FY 2024. Basic and diluted adjusted net income per share were RMB0.23 (US$0.03), in the third quarter of FY 2025, compared to RMB0.19 in the third quarter of FY 2024.

    Balance Sheet

    As of March 31, 2025, the Company had cash and cash equivalents, restricted cash and short-term investments of RMB1,134.9 million (US$156.4 million), compared with RMB1,026.3 million as of June 30, 2024.

    Recent Developments

    Investments in Letsvan

    On March 24, 2025, the Company announced that it entered into definitive agreements to invest in Shenzhen Yiqi Culture Co., Ltd., a PRC-based company specializing in IP incubation, copyright commercialization, and the promotion and sales of pop toys. The transaction marks the Company’s strategic entry into the pop toys market and broader consumer goods sector. Upon the completion of the investments in March 2025, Letsvan became a controlled subsidiary of the Company.

    Letsvan currently operates a number of established IPs, including “WAKUKU”, “ZIYULI”, “FUNII”, “FIILA” and “PIDOL”, with distribution channels spanning both online and offline platforms across China and Southeast Asian markets. Letsvan’s current growth strategy encompasses three key areas: strengthening collaborations with major retail partners to enhance IP influence and expand sales, developing self-operated retail locations including a recently opened pop-up store at Chaoyang Joy City in Beijing, and building comprehensive online brand and sales capabilities.

    International expansion initiatives are underway. Letsvan has already established its footprints in certain Southeast Asian markets and has been exploring opportunities in other overseas markets including the United States. With respect to IPs, Letsvan continues to strengthen internal product incubation and operational capabilities, partner with third-party artists, and collaborate with established IPs to diversify its product portfolio.

    Recent product launches include the “WAKUKU Fox and Bunny Trick or Treat”, which commenced offline distribution on May 17, 2025, followed by online channel availability on May 20, 2025. The Beijing Chaoyang Joy City pop-up store launch has generated favorable user response and increased product visibility in the market.

    2024 Share Repurchase Program

    On June 11, 2024, the Company announced that the Board had approved a share repurchase program of up to US$20.0 million of the Company’s Class A ordinary shares in the form of ADSs for a 12-month period beginning on June 11, 2024 and ending on June 10, 2025 (the “2024 Share Repurchase Program”). As of March 31, 2025, a total of 1.7 million ADSs had been repurchased for an aggregate consideration of US$3.6 million under the 2024 Share Repurchase Program.

    2025 Share Repurchase Program

    On June 6, 2025, the Company announced that the Board had approved a new share repurchase program of up to US$20.0 million of the Company’s Class A ordinary shares in the form of ADSs for a purchase period beginning from June 11, 2025 and ending on June 30, 2026 (the “2025 Share Repurchase Program”). Repurchases under the 2025 Share Repurchase Program may be made from time to time through open market transactions at prevailing market prices, in privately negotiated transactions, in block trades and/or through other legally permissible means. The repurchases will be subject to all applicable rules and regulations, including Rule 10b-18 and Rule 10b5-1 under the Securities Exchange Act of 1934, as amended, as well as the Company’s insider trading policy. The number of ADSs repurchased and the timing of repurchases will also depend on a number of factors, including, but not limited to, price, trading volume and general market conditions, along with the Company’s working capital requirements, general business conditions and other factors. The Board will review the 2025 Share Repurchase Program periodically, and may authorize adjustment of its terms and size or suspend or discontinue the program. The Company plans to fund the repurchases from its existing cash balance.

    Conference Call Information

    The Company’s management team will hold an earnings conference call at 07:00 A.M. Eastern Time on Friday, June 6, 2025 (07:00 P.M. Beijing Time on the same day) to discuss the financial results.

    Listeners may access the call by dialing the following numbers:

    International:   1-412-902-4272
    United States Toll Free:   1-888-346-8982
    Mainland China Toll Free:   4001-201203
    Hong Kong Toll Free:   800-905945
    Conference ID:   QuantaSing Group Limited
         

    The replay will be accessible through June 13, 2025 by dialing the following numbers:

    International:   1-412-317-0088
    United States Toll Free:   1-877-344-7529
    Replay Access Code:   3611954
         

    A live and archived webcast of the conference call will be available at the Company’s investor relations website at https://ir.quantasing.com.

    Non-GAAP Financial Measures

    To supplement the Company’s consolidated financial statements, which are prepared and presented in accordance with U.S. GAAP, the Company uses gross billings of individual online learning services, adjusted net income and basic and diluted adjusted net income per share as its non-GAAP financial measures. Gross billings of individual online learning services for a specific period represents revenues of the Company’s individual online learning services net of the changes in deferred revenues in such period, further adjusted by value-added tax in such period. Adjusted net income represents net income excluding share-based compensation expenses and remeasurement gain of previously held equity interests inconnection with step acquisitions. Basic and diluted adjusted net income per share represents adjusted net income attributable to QuantaSing Group Limited divided by weighted average number of ordinary shares outstanding during the periods used in computing adjusted net income per share, basic and diluted. The Company believes that the non-GAAP financial measures provide useful information about the Company’s results of operations, enhance the overall understanding of the Company’s past performance and future prospects and allow for greater visibility with respect to key metrics used by the Company’s management in its financial and operational decision-making.

    The non-GAAP financial measures are not defined under U.S. GAAP and are not presented in accordance with U.S. GAAP. The non-GAAP financial measures have limitations as analytical tools, and when assessing the Company’s operating performance, investors should not consider them in isolation, or as a substitute for revenue, net income, net income per share, basic and diluted or other consolidated statements of operations data prepared in accordance with U.S. GAAP. The Company’s definition of non-GAAP financial measures may differ from those of industry peers and may not be comparable with their non-GAAP financial measures.

    The Company mitigates these limitations by reconciling the non-GAAP financial measures to the most comparable U.S. GAAP performance measures, all of which should be considered when evaluating the Company’s performance. For more information on these non-GAAP financial measures, please see the table captioned “QuantaSing Group Limited Unaudited Reconciliation of GAAP and Non-GAAP Results” near the end of this release.

    Exchange Rate Information

    This announcement contains translations of certain Renminbi (“RMB”) amounts into U.S. dollars (“US$”) at specified rates solely for the convenience of the reader. Unless otherwise stated, all translations from Renminbi to U.S. dollars were made at the rate of RMB7.2567 to US$1.00, the exchange rate on March 31, 2025, set forth in the H.10 statistical release of the Federal Reserve Board. The Company makes no representation that the Renminbi or U.S. dollars amounts referred to could be converted into U.S. dollars or Renminbi, as the case may be, at any particular rate or at all.

    Safe Harbor Statements

    This announcement contains forward-looking statements within the meaning of Section 27A of Securities Act of 1933, as amended and Section 21E of the Securities Exchange Act of 1934, as amended and the Private Securities Litigation Reform Act of 1955. All statements other than statements of historical or current fact included in this press release are forward-looking statements, including but not limited to statements regarding QuantaSing’s financial outlook, beliefs and expectations. These statements can be identified by terminology such as “will,” “expects,” “anticipates,” “future,” “intends,” “plans,” “believes,” “estimates,” “potential,” “continue,” “ongoing,” “targets,” “guidance” and similar statements. The Company may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the “SEC”), in its annual report to shareholders, in press releases, and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: the Company’s growth strategies; its future business development, results of operations and financial condition; its ability to attract and retain new users and learners and to increase the spending and revenues generated from users and learners; its ability to maintain and enhance the recognition and reputation of its brand; its expectations regarding demand for and market acceptance of its services and products; the expected growth, trends and competition in the markets that the Company operates in; changes in its revenues and certain cost or expense items; PRC governmental policies and regulations relating to the Company’s business and industry, general economic and political conditions in China and globally, and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks, uncertainties, or factors is included in the Company’s filings with the SEC, including, without limitation, the final prospectus related to the IPO filed with the SEC dated January 24, 2023. You are cautioned not to place undue reliance on these forward-looking statements, which speak only as of the date this press release. All forward-looking statements are qualified in their entirety by this cautionary statement, and the Company undertakes no obligation to revise or update any forward-looking statements to reflect events or circumstances after the date hereof.

    About QuantaSing Group Limited

    QuantaSing is a leading lifestyle solution provider that offers engaging, affordable and accessible online and offline services, as well as consumer products in selected areas that address senior users’ wellness aspirations. QuantaSing has expanded into the pop toys sector and continues to strategically diversify its portfolio by capturing opportunities in promising consumer sectors while maintaining financial discipline.

    For more information, please visit: https://ir.quantasing.com.

    Contact

    Investor Relations
    Leah Guo
    QuantaSing Group Limited
    Email: ir@quantasing.com
    Tel: +86 (10) 6493-7857

    Robin Yang, Partner
    ICR, LLC
    Email: QuantaSing.IR@icrinc.com
    Phone: +1 (212) 537-0429

    _________________________________
    1 Gross billings of individual online learning services is a non-GAAP financial measure. For a reconciliation of revenues of individual online learning services to gross billings of individual online learning services, see the “Non-GAAP Financial Measures” section and the table captioned “QuantaSing Group Limited Unaudited Reconciliation of GAAP and Non-GAAP Results” below.
    2 Adjusted net income is a non-GAAP financial measure. For a reconciliation of net income to adjusted net income, see the “Non-GAAP Financial Measures” section and the table captioned “QuantaSing Group Limited Unaudited Reconciliation of GAAP and Non-GAAP Results” below.
    3 Effective from the fourth quarter of FY 2024, the Company has introduced “Revenues from Consumer Business” as a separate line item. This revenue was previously included in “Revenues from Others”. The historical revenues presentation has been conformed to the current presentation.
    4 Basic and diluted adjusted net income per share are non-GAAP financial measures. For a reconciliation of basic and diluted net income per share to basic and diluted adjusted net income per share, see the “Non-GAAP Financial Measures” section and the table captioned “QuantaSing Group Limited Unaudited Reconciliation of GAAP and Non-GAAP Results” below.

    QUANTASING GROUP LIMITED
    UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS
    (Amounts in thousands, except for share and per share data)
     
      As of
      June 30,
    2024
      March 31,
    2025
      March 31,
    2025
      RMB   RMB   US$
               
    ASSETS          
    Current assets:          
    Cash and cash equivalents 779,931   985,677   135,830
    Restricted cash 160   675   93
    Short-term investments 246,195   148,532   20,468
    Accounts receivable, net 16,676   37,392   5,153
    Amounts due from related parties 4,488   489   67
    Inventory, net 6,345   28,120   3,875
    Prepayments and other current assets 275,549   173,582   23,920
    Total current assets 1,329,344   1,374,467   189,406
               
    Non-current assets:          
    Property and equipment, net 6,569   11,571   1,595
    Long-term investments 9,010   44,428   6,122
    Intangible assets, net   68,973   9,505
    Operating lease right-of-use assets 58,889   29,479   4,062
    Deferred tax assets 847   914   126
    Goodwill   187,598   25,852
    Other non-current assets 21,360   5,177   713
    Total non-current assets 96,675   348,140   47,975
    TOTAL ASSETS 1,426,019   1,722,607   237,381
               
    LIABILITIES          
    Current liabilities:          
    Short-term Borrowings   14,500   1,998
    Accounts payables 62,066   55,219   7,609
    Accrued expenses and other current liabilities 190,508   186,084   25,643
    Income tax payable 20,399   53,565   7,381
    Contract liabilities, current portion 385,227   310,189   42,745
    Advance from customers 162,257   148,332   20,441
    Operating lease liabilities, current portion 49,099   30,837   4,249
    Total current liabilities 869,556   798,726   110,066
               
    Non-current liabilities:          
    Contract liabilities, non-current portion 11,365   33,495   4,616
    Operating lease liabilities, non-current portion 16,989   3,123   430
    Deferred tax liabilities 11,625   42,269   5,825
    Total non-current liabilities 39,979   78,887   10,871
    TOTAL LIABILITIES 909,535   877,613   120,937
               
    QUANTASING GROUP LIMITED
    UNAUDITED CONDENSED CONSOLIDATED BALANCE SHEETS- continued
    (Amounts in thousands, except for share and per share data)
     
      As of
      June 30,
    2024
      March 31,
    2025
      March 31,
    2025
      RMB   RMB   US$
               
    MEZZANINE EQUITY          
    Non-controlling interests with liquidation preferences     40,999     5,650  
               
    SHAREHOLDERS’ EQUITY          
    Class A ordinary shares 81     81     11  
    Class B ordinary shares 34     34     5  
    Treasury stock (109,257 )   (41,898 )   (5,774 )
    Additional paid-in capital 1,192,474     1,069,620     147,398  
    Accumulated other comprehensive income 17,313     18,491     2,548  
    Accumulative deficit (584,161 )   (335,573 )   (46,243 )
    TOTAL QUANTASING GROUP LIMITED SHAREHOLDERS’ EQUITY 516,484     710,755     97,945  
    Non-controlling interests     93,240     12,849  
    TOTAL SHAREHOLDERS’ EQUITY 516,484     803,995     110,794  
    TOTAL LIABILITIES, MEZZANINE EQUITY AND SHAREHOLDERS’ EQUITY 1,426,019     1,722,607     237,381  
                     
    QUANTASING GROUP LIMITED
    UNAUDITED CONDENSED CONSOLIDATED STATEMENTS OF OPERATIONS AND COMPREHENSIVE INCOME
    (Amounts in thousands, except for shares and per share data)
           
      For the Three Months
    Ended March 31,
      For the Nine Months
    Ended March 31,
      2024     2025     2025     2024     2025     2025  
      RMB     RMB     US$     RMB     RMB     US$  
                           
    Revenues 945,570     570,706     78,645     2,795,248     2,107,757     290,457  
    Cost of revenues (145,848 )   (96,556 )   (13,306 )   (409,058 )   (353,516 )   (48,716 )
                           
    Gross Profit 799,722     474,150     65,339     2,386,190     1,754,241     241,741  
                           
    Operating expenses:                      
    Sales and marketing expenses (729,620 )   (395,175 )   (54,457 )   (2,006,884 )   (1,317,206 )   (181,516 )
    Research and development expenses (38,840 )   (20,891 )   (2,879 )   (123,655 )   (77,325 )   (10,656 )
    General and administrative expenses (36,390 )   (25,049 )   (3,452 )   (114,211 )   (86,194 )   (11,878 )
    Total operating expenses (804,850 )   (441,115 )   (60,788 )   (2,244,750 )   (1,480,725 )   (204,050 )
                           
    (Loss)/Income from operations (5,128 )   33,035     4,551     141,440     273,516     37,691  
                           
    Other income:                      
    Interest income 2,513     880     121     8,369     4,040     557  
    Remeasurement gain of previously held equity interests in connection with step acquisitions     8,109     1,117         8,109     1,117  
    Others, net 7,685     15,400     2,122     22,163     31,418     4,330  
                           
    Income before income tax 5,070     57,424     7,911     171,972     317,083     43,695  
    Income tax benefit/(expense) 9,560     (16,280 )   (2,243 )   16,948     (68,495 )   (9,439 )
                           
    Net income 14,630     41,144     5,668     188,920     248,588     34,256  
    Net loss attributable to noncontrolling interests     1             1      
    Net income attributable to QuantaSing Group Limited 14,630     41,145     5,668     188,920     248,589     34,256  
                           
    Other comprehensive income/(loss)                      
    Foreign currency translation adjustments, net of nil tax 423     (289 )   (40 )   (4,954 )   1,178     162  
    Total other comprehensive income/(loss) 423     (289 )   (40 )   (4,954 )   1,178     162  
                           
    Total comprehensive income 15,053     40,855     5,628     183,966     249,766     34,418  
    Total comprehensive loss attributable to noncontrolling interests     1             1      
    Comprehensive income attributable to QuantaSing Group Limited 15,053     40,856     5,628     183,966     249,767     34,418  
                           
    Net income per ordinary share                      
    – Basic 0.09     0.25     0.03     1.14     1.55     0.21  
    – Diluted 0.09     0.25     0.03     1.10     1.52     0.21  
    Weighted average number of ordinary shares used in computing net income per share                      
    – Basic 164,753,256     162,791,862     162,791,862     166,399,349     160,479,027     160,479,027  
    – Diluted 170,890,581     165,216,173     165,216,173     171,089,530     163,949,787     163,949,787  
    Share-based compensation expenses included in                      
    Cost of revenues (2,878 )   (1,431 )   (197 )   (9,945 )   (5,214 )   (719 )
    Sales and marketing expenses (2,779 )   (642 )   (88 )   8,678     (1,540 )   (212 )
    Research and development expenses (3,599 )   (167 )   (23 )   (10,611 )   (2,474 )   (341 )
    General and administrative expenses (8,039 )   (2,571 )   (354 )   (28,961 )   (8,073 )   (1,112 )
                                       

    QUANTASING GROUP LIMITED
    UNAUDITED RECONCILIATION OF GAAP AND NON-GAAP RESULTS
    (Amounts in thousands, except for shares and per share data)

    The following table below sets forth a reconciliation of revenues to gross billings for the periods indicated:

      For the Three Months
    Ended March 31,
      For the Nine Months
    Ended March 31,
      2024     2025     2025     2024     2025     2025  
      RMB     RMB     US$     RMB     RMB     US$  
                           
    Revenues of individual online learning services: 828,127     467,247     64,388     2,457,588     1,777,552     244,953  
    Add: value-added tax 52,986     27,919     3,847     147,665     101,969     14,052  
    Add: ending deferred revenues(1) 744,320     461,026     63,531     744,320     461,026     63,531  
    Less: beginning deferred revenues(1) (643,929 )   (440,632 )   (60,721 )   (661,360 )   (565,030 )   (77,863 )
                         
    Gross billings of individual online learning services 981,504     515,560     71,045     2,688,213     1,775,517     244,673  
     
    (1) Deferred revenues include contract liabilities, advance from customers, and refund liability of individual online learning services included in “accrued expenses and other current liabilities”.
     

    QUANTASING GROUP LIMITED
    UNAUDITED RECONCILIATION OF GAAP AND NON-GAAP RESULTS – continued
    (Amounts in thousands, except for shares and per share data)

    The following table below sets forth a reconciliation of net income to adjusted net income and basic and diluted net income per share to basic and diluted adjusted net income per share for the periods indicated:

      For the Three Months
    Ended March 31,
      For Nine Months
    Ended March 31,
      2024   2025     2025     2024   2025     2025  
      RMB   RMB     US$     RMB   RMB       US$  
                           
    Net income 14,630   41,144     5,668     188,920   248,588     34,256  
    Add: Share-based compensation expenses 17,295   4,811     662     40,839   17,301     2,384  
    Less: Remeasurement gain of previously held equity interests in connection with step acquisitions   (8,109 )   (1,117 )     (8,109 )   (1,117 )
                         
    Adjusted net income 31,925   37,846     5,213     229,759   257,780     35,523  
    Attributable to noncontrolling interests   1           1      
    Adjusted net income attributable to QuantaSing Group Limited 31,925   37,847     5,213     229,759   257,781     35,523  
                           
    Weighted average number of ordinary shares used in computing net income per share                      
    – Basic 164,753,256   162,791,862     162,791,862     166,399,349   160,479,027   160,479,027  
    – Diluted 170,890,581   165,216,173     165,216,173     171,089,530   163,949,787   163,949,787  
    Weighted average number of ordinary shares used in computing adjusted net income per share                      
    – Basic 164,753,256   162,791,862     162,791,862     166,399,349   160,479,027   160,479,027  
    – Diluted 170,890,581   165,216,173     165,216,173     171,089,530   163,949,787   163,949,787  
                           
    Net income per ordinary share                      
    – Basic 0.09   0.25     0.03     1.14   1.55   0.21  
    – Diluted 0.09   0.25     0.03     1.10   1.52   0.21  
    Non-GAAP adjustments to net income per ordinary share                      
    – Basic 0.10   (0.02 )   0.00     0.24   0.06   0.01  
    – Diluted 0.10   (0.02 )   0.00     0.24   0.05   0.01  
    Adjusted net income per ordinary share                      
    – Basic 0.19   0.23     0.03     1.38   1.61   0.22  
    – Diluted 0.19   0.23     0.03     1.34   1.57   0.22  
                                 

    The MIL Network

  • MIL-OSI China: Regular Press Conference of the Ministry of National Defense on May 29, 2025 2025-06-06 Senior Colonel Zhang Xiaogang, spokesperson for the Ministry of National Defense (MND) of the People’s Republic of China (PRC), answers questions at a regular press conference on the afternoon of May 29, 2025.

    Source: People’s Republic of China – Ministry of National Defense

    By Senior Colonel Zhang Xiaogang, Spokesperson for the Ministry of National Defense (MND)

    Senior Colonel Zhang Xiaogang, spokesperson for the Ministry of National Defense (MND) of the People’s Republic of China (PRC), answers questions at a regular press conference on the afternoon of May 29, 2025. (mod.gov.cn)

    (The following English text is for reference. In case of any divergence of interpretation, the Chinese text shall prevail.)

    Zhang Xiaogang: Friends from the media, good afternoon, welcome to this month’s regular press conference of the Ministry of National Defense of the People’s Republic of China

    I have a piece of news to release at the top.

    The PLA National Defense University (NDU) sent a delegation to attend the 22nd Shangri-La Dialogue (SLD) upon invitation on May 29. The visit is scheduled till June 2, during which the delegation will also have exchanges with military and civilian units in Singapore.

    Journalist: Not long ago, the 4th Ministerial Meeting of the China-CELAC Forum was held in Beijing. President Xi Jinping attended the opening ceremony and delivered an important speech. Could you please provide more details about military cooperation between China and Latin American and Caribbean (LAC) countries?

    Zhang Xiaogang: Recently, President Xi Jinping attended the 4th Ministerial Meeting of the China-CELAC Forum and delivered a keynote address. He summarized the best practices for developing China-LAC relations, and announced the launch of five programs of Solidarity, Development, Civilization, Peace and People-to-People Connectivity. In the speech, President Xi has charted the course for building a China-LAC Community with a Shared Future.

    China-LAC cooperation has withstood winds and rains, and transcended mountains and oceans across half a globe. The cooperation has bolstered economic growth and improved the livelihoods of the LAC region, bringing tangible benefits to the local people. In recent years, the Chinese and LAC militaries have had frequent high-level exchange, and conducted numerous working level meetings. Events such as the China-LAC States Defense Forum, China-LAC Military Medicine Forum and Seminar for Senior Military Officers from LAC Countries have been held multiple times. China-LAC defense cooperation has been productive, deepening our friendship and mutual trust. The Chinese side stands ready to work with the defense establishments and militaries of LAC countries to act on the Global Security Initiative, and deepen substantive cooperation in such areas as mutual visits, professional exchanges and personnel training. Together, we will promote sustained and solid progress in building a China-LAC Community with a Shared Future.

    Journalist: In his recent speech, Lai Ching-te said that Taiwan would continue to strengthen its defenses and avoid war by preparing for it. Will the PLA conduct military exercises as countermeasures as before?

    Zhang Xiaogang: As long as Lai Ching-te continues his provocations for “Taiwan independence”, there will be no tranquility in the Taiwan Strait and no stability for our Taiwan compatriots. We warn the DPP authorities that “Taiwan independence” separatists will come to no good end. The PLA will remain combat-ready at all times, enhance combat readiness, and safeguard our national sovereignty and territorial integrity.

    Journalist: The US recently unveiled plans for the Golden Dome missile defense system, and announced that it would be completed in 3 years. May I have your comments on this?

    Zhang Xiaogang: The US presses ahead with the Golden Dome system and deploys space-based weapons, continuously expands its military build-up and stokes an arms race in outer space. Such acts violate relevant principles of the Outer Space Treaty, heighten the risk of turning the space into a war zone and triggering a space arms race, and shake the international security and arms control regime. Its actions will once again open the Pandora’s box. This proves again that no country has done more than the US in militarizing the space and making it a battlefield. We urge the US side to stop expanding military build-up in space, and take concrete actions to uphold global strategic stability.

    Journalist: I have two questions. The first one is that Japan’s Defense Ministry recently announced that Chinese aircraft carrier PLANS Liaoning conducted take-off and landing operations of ship-borne aircraft in the East China Sea. Officials of the Japan Self-Defense Forces said that similar activities were conducted by Chinese aircraft carriers before, but this training occurred in waters closer to Japan. The Japanese Defense Ministry therefore decided to make it public and this is the first time for the Ministry to release such information. What’s your comment on this?

    The second question is that the US President Donald Trump recently said that the US was mass-producing hypersonic missiles. As one of the major countries that develop hypersonic technologies, how does the Chinese side view the impact on the global arms control regime caused by the US accelerating its deployment of such strategic weapons?

    Zhang Xiaogang: On the first question, the task fleet led by PLANS Liaoning conducted training in relevant waters, which does not target any specific country or entity and is in line with international law and practice. I think the Japanese side overreacted.

    On your second question, We pursue a national defense policy that is defensive in nature, never engage in arms race with any other country, and are committed to global strategic stability.

    Journalist: I have two questions. The first one is that the US Carrier Strike Group led by USS Nimitz re-entered the South China Sea through the Singapore Strait on May 26 after its visit to Malaysia. What’s your comment on this?

    The second question is that reports suggest that the Indian side recovered an undetonated PL-15E air-air missile during the India-Pakistan conflict. Can you confirm this? Will this give the Indian side assess to relevant military technology?

    Zhang Xiaogang: On your first question, activities to flex its muscle and stir up troubles in the South China Sea will find no support. The Chinese side will firmly safeguard our territorial sovereignty and maritime rights and interests, and maintain peace and stability in the South China Sea.

    On your second question, the type of missile you mentioned is for export and has also been exhibited in international and domestic defense expos multiple times.

    Journalist: I have two questions. The first is the Commander of the US Army Pacific recently claimed that China’s increasingly aggressive behavior in the Indo-Pacific had made the situation more dangerous. He said that no one would have imagined that Beijing would conduct drills simulating a blockade of Taiwan five years ago, but now such moves were commonplace. In addition, head of the US Indo-Pacific Command said that the Chinese side was conducting comprehensive exercises in preparation for recovering Taiwan and was increasingly active in other regions of the Pacific. May I have your comments on this?

    The second question is that according to Taiwan media reports, the DPP authorities have stepped up its procurement of the Patriot missiles, drawn personnel from its Marine Corps to form combat units for the “Greater Taipei Area”, and launched several drills on responses to the so-called “PLA attacks on Taiwan”. Public opinion in Taiwan believes that these actions are preparing for Lai Ching-te’s desertion in the face of war. Do you have any comment?

    Zhang Xiaogang: For your first question, Taiwan is part of China. Resolving the Taiwan question is a matter for the Chinese, which brooks no external interference. For the cross-Strait situation, there is no factor more destabilizing than the provocations made by the “Taiwan independence” separatists and the disruptions by foreign forces. It’s legitimate, necessary, lawful and justified for the Chinese side to take actions to safeguard national sovereignty and territorial integrity. We urge the US side to stop fanning the flames on the Taiwan question. Such behaviors would only backfire.

    For your second question. Don’t be fooled by Lai Ching-te’s reckless provocations now. When the day comes, people like him will be the first to run away. For the PLA, defeating military elements of the “Taiwan independence” separatist forces is like shooting fish in a barrel. Those notorious separatists have no chance to escape.

    Senior Colonel Zhang Xiaogang, spokesperson for the Ministry of National Defense (MND) of the People’s Republic of China (PRC), answers questions at a regular press conference on the afternoon of May 29, 2025. (mod.gov.cn)

    Journalist: I have two questions. Firstly, you just announced that the PLA NDU sent a delegation to attend this year’s SLD. Why didn’t the Chinese side send higher level military officials to attend the dialogue? The US Department of Defense has already announced its attendance at the dialogue, and said that the US was a more credible regional partner than China. What’s your comment on that? My second question is that this year marks the 80th year of the World Anti-Fascist War. Many European countries have held celebrations commemorating this victory. September 3rd marks the 80th anniversary of the victory of the Chinese People’s War of Resistance against Japanese Aggression. Many people are expecting the Chinese side to hold a military parade to commemorate this anniversary. What’s your comment on that?

    Zhang Xiaogang: On your first question, China consistently engages in constructive dialogues to articulate our vision and initiatives. We are committed to enhancing mutual trust and deepening cooperation through these exchanges, contributing Chinese wisdom to the building of a community with a shared future for mankind. The PLA NDU delegation attending this year’s SLD will have in-depth exchanges with participating parties to build more consensus.

    As for the second question, I have no information to release here.

    Journalist: What is the Chinese Ministry of National Defense’s assessment on the equipment supplied by the Chinese military to Pakistan in the recent conflict between India and Pakistan? An Indian official said that China provided satellite and air defense systems for Pakistan, but these systems performed below average. What’s your comment on that?

    Zhang Xiaogang: Pakistan and India are neighbors who cannot move away from each other. We call on the both sides to keep calm, exercise restraint and avoid complicating the situation. China will continue to play a constructive role in maintaining regional peace and stability.

    Journalist: It’s reported that US Defense Secretary recently said that the US side would build up its military to meet China’s “threat” at every turn, and counter China in the Indo-Pacific. In addition, Commander of the US Army Pacific said that the US army was building agile new units in response to potential conflicts with China. What’s your comment on

    Zhang Xiaogang: Conflict and confrontation should not be the choice of either side. Mutual respect, peaceful coexistence and win-win cooperation is the right way for China and the US to deal with each other. The US side should stop conjuring up a powerful enemy for itself whether intentionally or unintentionally. Such imagination is not rational and extremely dangerous. The Chinese military will make all-out efforts to enhance our combat readiness, and firmly safeguard national sovereignty, security and development interests.

    Journalist: Some US and Israeli media outlets call on the US to stop its military assistance to Egypt, because of Egypt’s close cooperation with China. What’s your comment on this?

    Zhang Xiaogang: China-Egypt cooperation is not aimed at any third party, nor will it be interfered by any third party. The Chinese and Egyptian militaries will continue to deepen friendship, mutual trust and practical cooperation.

    Journalist: As China’s first aircraft carrier with catapult system, PLANS Fujian is undergoing a series of intensive sea trials. What kind of signal does that send out?

    Senior Colonel Zhang Xiaogang, spokesperson for the Ministry of National Defense (MND) of the People’s Republic of China (PRC), answers questions at a regular press conference on the afternoon of May 29, 2025. (mod.gov.cn)

    Zhang Xiaogang: The sea trial is a necessary part for the construction of aircraft carriers. PLANS Fujian will conduct relevant tests as planned.

    Journalist: According to a satellite image revealed last week, H-6 bombers and a KJ-500 airborne early warning aircraft were seen on Yongxing Dao of Xisha Qundao. What is the purpose of this deployment? Some experts suggest that it is to send signals to the Philippines and Vietnam. What’s your comment on that?

    Zhang Xiaogang: I am not aware of the information you mentioned. I want to emphasize that the Xisha Qundao is an inherent part of the Chinese territory. We oppose the hype about relevant military activities.

    Journalist: An African Young Officers Delegation visited China recently. Some commentary regarded the trip as one that combines culture, technology and friendship. Could you please provide more details on this?

    Zhang Xiaogang: The African Young Officers Delegation concluded its 10-day visit to China on May 15. During the visit, nearly a hundred military officers from over 40 African countries, including Egypt, Mozambique, Tanzania and Kenya, came to cities such as Beijing, Changsha and Shaoshan. They visited military units, academies and high-tech enterprises, attended themed lectures and seminars, toured the Museum of the Communist Party of China and the former residence of Comrade Mao Zedong, and had in-depth exchanges with their Chinese counterparts. Members of the delegation expressed how impressive and inspiring this visit was. This is the 4th African Young Officers Delegation invited to China by the Chinese Ministry of National Defense. This visit deepened the traditional friendship between the Chinese and African militaries, and advanced the building of an All-weather China-Africa Community with a Shared Future for the New Era.

    Journalist: I have two questions. The first one is that the US Indo-Pacific Commander reportedly said that China was outpacing the US in the production of warships and other equipment. He said that the rates of changes on the depth and breadth of PLA’s exercises was what kept him up at night. May I have your comments on this?

    The second question is that it’s reported that China’s third large hospital ship PLANS Ark Auspicious has been commissioned, marking the deployment of large ocean-going hospital ship to the Eastern Theater Command, South Theater Command and North Theater Command respectively. What’s your comment on this?

    Zhang Xiaogang: On your first question, China does not engage in arms race with any other country. We develop our military to defend China’s national sovereignty, security and development interests and to bring stability and positive energy to global peace and security.

    On your second question, PLANS Ark Auspicious is the third 10,000-ton-class ocean-going hospital ship domestically designed and built by China. It features a combat-oriented layout and is equipped with advanced medical equipment. PLANS Ark Auspicious, together with Ark Peace and Ark Silk Road, not only forms the backbone of medical support on the sea, but also executes tasks of international humanitarian medical services, emergency medical rescue in major disasters, and foreign exchanges and cooperation on military medicine. PLAN hospital ships will help the Chinese military materialize the vision of building a maritime community with a shared future and offer the world more public security goods of higher quality.

    Journalist: Does the Chinese delegation plan to meet with any other delegations on the sidelines of the Shangri-La Dialogue? Is there any planned meeting with the US delegation?

    Zhang Xiaogang: Regarding this, we will release information in due course. The Chinese side values our defense relations with the US military and is open to communications at different levels. We hope the US side will earnestly respect China’s core interests and major concerns, work with us in the same direction, and promote the steady and sound development of military-to-military relations.

    Journalist: Minister of National Defense Admiral Dong Jun recently visited France and Germany, and attended the 6th UN Peacekeeping Ministerial. Please provide further details about this.

    Zhang Xiaogang:Minister of National Defense Admiral Dong Jun led a delegation to visit France and Germany and attend the 6th UN Peacekeeping Ministerial in Berlin from May 11 to 17. Minister Dong held talks with French Minister of the Armed Forces Sébastien Lecornu and German Federal Minister of Defence Boris Pistorius respectively. The leaders had an in-depth exchange of view on international and regional issues of mutual interests, and reached consensus on strengthening substantive engagements and cooperation between the Chinese and French and the Chinese and German militaries. Minister Dong also met with UN Secretary-General António Guterres and Under Secretary-General Jean-Pierre Lacroix on the sidelines of the 6th UN Peacekeeping Ministerial. In his speech delivered at the conference, Minister Dong emphasized that the Chinese side will work with different parties to act on the Global Security Initiative, uphold the core position of the UN, redouble efforts on the United Nations Peacekeeping Operations (UNPKOs), support the training of professional peacekeepers, optimize the composition and capabilities of Chinese Peacekeeping Standby Force, advance continuous innovation of UNPKOs, and contribute more to UNPKOs.

    Journalist: Lately, official new media accounts of PLA theater commands and services and arms have been opened on the ‘China Bugle” app. What’s your comment on that?

    Zhang Xiaogang: China Bugle is the mobile flagship platform of information release launched by the PLA News Media Center. As of now, the PLA Army, Navy, Air Force, Rocket Force, and the PAP, as well as the PLA Eastern, Southern, Western, Northern and Central Theater Commands have opened their official new media accounts on this app. This demonstrates the deep integration of different forms of military media, and provides an important channel for the public to learn about defense and military development in an all-round manner. Going forward, more military units and media outlets will join the “China Bugle” app to form an integrated new media platform for military news.

    Journalist: The draft of the Japanese defense ministry’s Defense White Paper 2025 was revealed. The draft claims that China is ramping up its nuclear, missile, maritime and aviation capabilities; that PLA’s activities near Taiwan demonstrate that Beijing is trying to improve its combat capabilities; and strengthened China-Russia military cooperation is a concern for Japan. What’s your comment on this?

    Zhang Xiaogang: In the draft of its Defense White Paper, the Japanese side repeats its irresponsible comments about China’s military development, and points fingers at China’s legitimate military activities and external military cooperation. We are strongly opposed to this. This year marks the 80th year of the victory of the Chinese People’s War of Resistance Against Japanese Aggression and the World Anti-Fascist War. At this special historical juncture, it’s even more important for Japan to reflect on its behaviors, instead of making unfounded smears and accusations against others. We urge the Japanese side to follow the path of peaceful development, act prudently in the domain of military and security, and earn the trust of its Asian neighbors and the rest of the international community with concrete actions.

    Journalist: Head of Taiwan’s defense authorities Koo Li-hsiung reportedly said in an interview that US forces and alliances across Asia was crucial for holding Beijing in check. He also expressed hope for the US to expedite arms sales to Taiwan to help Taiwan address military threats from China.What’s your comments on this?

    Zhang Xiaogang: The Taiwan question is purely an internal affair of China, which brooks no interference. We will strive for the prospect of peaceful reunification with utmost sincerity and greatest effort. However, should the “Taiwan independence” separatists make provocations, challenge our bottom lines, or even cross the red lines, we will have to take decisive measures. The US side supports “Taiwan independence” separatists through arms sales. Such acts are self-defeating and will push Taiwan into the abyss of war.

    Journalist: Recently, the Chinese and Cambodian militaries successfully held the Golden Dragon 2025 joint exercise. Please provide more details.

    Zhang Xiaogang: The Chinese and Cambodian armed forces conducted the Golden Dragon 2025 joint exercise in Kampong Chhnang Province and the airspace and waters off the Sihanoukville Port from May 14 to 28. As the 7th iteration of the Golden Dragon series, this year’s exercise has three highlights. First, it focused on counter-terrorism and humanitarian assistance operations, conducting drills on relevant subjects. Second, the China-Cambodia Joint Support and Training Center at Port Ream provided support for drills on the sea for the first time. Air force helicopters took part in the exercise for the first time. Land, naval, air and joint logistic support components from both sides conducted drills together. Third, the exercise consisted of two parts: naval & air operations and ground & air operations. Participating troops were organized into mixed groups to learn from each other during tactical training and comprehensive drills, which helped to enhance command coordination and emergency response capabilities of the two sides. During the joint exercise, the PLA contingent also donated school supplies and provided free medical services to the local community. China and Cambodia are iron-clad friends with rock-solid relations. The Chinese and Cambodian militaries will work in concert to act on the important consensus between leaders of the two countries, and make greater contributions to building a China-Cambodia All-weather Community with a Shared Future for the New Era, and to preserving regional security and stability.

    Journalist: The Philippine Coast Guard said that the Coast Guard and Armed Forces of the Philippines and the US Coast Guard conducted a joint patrol in waters off Palawan, which reaffirmed the Philippines’ commitment to maritime security and the “rule-based international order”. What’s your comment on this?

    Senior Colonel Zhang Xiaogang, spokesperson for the Ministry of National Defense (MND) of the People’s Republic of China (PRC), answers questions at a regular press conference on the afternoon of May 29, 2025. (mod.gov.cn)

    Zhang Xiaogang: At present, the situation in the South China Sea remains generally stable. The freedom of navigation and overflight entitled to all countries under international law has never been an issue. Some countries provoke confrontation in the name of cooperation, flex muscles under the guise of freedom, and create chaos with the pretext of order. They have become the biggest source of risks that undermines peace and stability in the South China Sea. We urge relevant countries to stop ganging up and stirring up troubles in the South China Sea, and stop harming regional peace and stability.

    Journalist: I have two questions. The first question is about the PLA aircraft carrier Liaoning and its task fleet. They are currently off the southeast coast of Taiwan. The Taiwan authority said that they have taken joint intelligence means to monitor relevant operations throughout the whole process. Some people suggest that the PLA will probably conduct military exercises before or after the Dragon Boat Festival. Can you confirm whether the PLA has relevant plans? My second question. According to media reports, the CIA is about to release its annual report, suggesting that the Chinese mainland poses the greatest threat to the world and increasing menace against Taiwan. It also said that the rapid modernization of the PLA would prevent the US from entering the Pacific. What’s your comment on this?

    Zhang Xiaogang: On your first question. Relevant military activities organized by the PLA recently are routine arrangements according to our annual training plan.

    On your second question, as we all know, China is unwavering in our commitment to peace, development and international order. The biggest threat to the current cross-Strait situation comes from separatist activities for “Taiwan independence” and support from foreign forces. If relevant countries truly care about stability in the Taiwan Strait, they should abide by the one-China principle and unequivocally oppose “Taiwan independence”.

    If there are no other questions, this concludes today’s press conference. Thank you.

    MIL OSI China News

  • MIL-OSI China: Official: China to expand cooperation with South Asian countries

    Source: People’s Republic of China – State Council News

    China will explore new cooperation areas with South Asian countries in emerging fields such as energy transition, digital economy, low-carbon development, and smart manufacturing, and jointly safeguard the stability of industrial and supply chains, said Yan Dong, vice minister of commerce, on Friday at a press conference in Beijing.

    MIL OSI China News

  • MIL-OSI China: Millions vie for college spots as reforms boost fairness and opportunities

    Source: People’s Republic of China – State Council News

    As a rare hush replaces the usual rustle of pages and scribbled notes, 13.35 million students in China close their textbooks one final time, moving from intense preparation to the calm before the storm.

    On Saturday, bright young minds from across the country will participate in the college entrance exam, seeking the best possible opportunities to chase their dreams and casting a vote of confidence in the country’s higher education system.

    Since its reinstatement in 1977, the unified exam, known as the gaokao, has transformed millions of lives through merit-based selection. As a powerful social equalizer, it reinforces the belief that with hard work and determination, any student can shape a successful future.

    While the intense competition has long been a subject of national attention — once likened to “thousands of troops crossing a single-plank bridge” — reforms over the past decade have gradually expanded students’ choices in the matriculation system, while maintaining a strong commitment to fairness.

    According to the latest available figures from the Ministry of Education, China’s gross enrollment rate in higher education had surpassed 60 percent by 2023. More than 47 million students studied at colleges and universities that year.

    Prior to this year’s gaokao, one of the country’s vice premiers inspected an enrollment and examination center and an exam site at a school in north China’s Shanxi Province.

    Noting that the exam concerns the immediate interests of millions of families, Ding Xuexiang said that fairness and equity must be upheld, calling them the “lifeline” of the gaokao.

    To ensure smooth traffic for students, cities across China are stepping up efforts with temporary traffic controls around test centers, keeping the roads clear and congestion at bay. For students facing travel difficulties, many cities are rolling out free ride services to make sure no one is left behind.

    Silence will also be the order of the day — honking around exam venues will be banned, and nearby construction will come to a halt.

    Within certain exam halls, technicians are busy fine-tuning AI-powered surveillance systems that can flag unusual behavior and rule violations in real time, effectively eliminating any opportunity for cheating.

    Liu Boyang, a student from southwest China’s Chongqing Municipality, will sit the gaokao on Saturday. He hopes to study medicine. “I might choose a major related to intelligent medical engineering, as smart technology is the direction of future development,” he said.

    This year, universities and colleges have introduced 29 new majors, including low-altitude technology and engineering, geriatric medicine and health, and carbon neutrality science and engineering.

    “A lot of these new majors are tied to national strategies and really open doors to the careers of tomorrow,” said Fu Xiaoying, a college admissions advisor.

    There are about 3,000 colleges and universities across the country. In recent years, the government has elevated the status of vocational education, bringing it on par with general education. Key measures include extending bachelor’s degree programs to the vocational education system and allowing secondary vocational students to take the gaokao.

    In some cases, higher education vocational programs may be more appealing than traditional university degrees.

    A vocational-and-technical college in Zhengzhou, central China’s Henan Province, recently made headlines for requiring applicants to already possess a bachelor’s degree to apply for its high-speed rail equipment testing program, even though the diploma awarded is an associate degree.

    This unusual requirement reflects strong job prospects and the high level of technical skills these roles represent, said Chen Zhiwen, a member of the academic committee at Chinese Society of Educational Development Strategy.

    As society becomes more diverse, Chinese students can pursue their ambitions through pathways beyond traditional academic routes. The gaokao is no longer a single-plank bridge but a wide junction of diverse paths.

    Though it remains imperfect, this matriculation system is considered one of the most efficient ways to achieve fairness in education for a population of 1.4 billion.

    “I think the gaokao really levels the playing field for most students in China,” said Chen Hanting, an 11th grader from Beijing’s Chaoyang District.

    “After all, my family can’t fund an elephant conservation trip to Africa or land me an internship with a foreign politician to boost my college application,” said Chen, whose father runs a video game studio and whose mother is a senior editor at a newspaper.

    For years, rumors spread that graduates from China’s elite universities were heading abroad in large numbers. However, experts and university officials clarified to the media that there hasn’t been a mass exodus — rather, the fact is that fewer students are now choosing to pursue studies abroad.

    At Tsinghua University, for example, the proportion of graduates continuing their education overseas dropped from about 15 percent in 2018 to just 8 percent in 2023, according to the university.

    “For the advancement of science and technology, we need to encourage greater international exchange in both the humanities and scientific fields,” said Zhang Chao, former director of student career development at Tsinghua.

    China has experienced a noticeable decline in the willingness of students to pursue international education, reversing the surge in the early 2000s.

    A report from the Institute of International Education revealed that the number of students from the Chinese mainland studying in the United States fell 4.2 percent year-on-year to approximately 277,000 in the 2023-2024 academic year, a level last seen in 2013-2014.

    The decline is particularly pronounced at the undergraduate level, with a year-on-year drop of 12.8 percent, according to the report.

    Experts point to uncertainties arising from geopolitical tensions and disruptive measures, such as the threat of sudden visa cancellations for students.

    Chen Zhiwen attributed this shift to rising national pride, driven by two decades of economic growth, improved living standards, and — perhaps most importantly — increasing confidence in domestic higher education.

    “We’re unlikely to go abroad for undergraduate studies. Right now, studying at a Chinese university is hands down the most cost-effective option,” said Chen Hanting’s father. 

    MIL OSI China News

  • MIL-OSI Russia: Scientific Regiment. Tamara Smirnova: LISI first-year student and intelligence officer

    Translation. Region: Russian Federal

    Source: Saint Petersburg State University of Architecture and Civil Engineering – Saint Petersburg State University of Architecture and Civil Engineering –

    Tamara Smirnova

    For her unparalleled courage and heroism, the nineteen-year-old first-year student of the construction department of the Leningrad Institute of Civil Engineering (now St. Petersburg State University of Architecture and Civil Engineering), medical instructor of the Baltic Fleet Marine Brigade Tamara Smirnova was awarded the Order of the Red Banner. Seriously wounded and bleeding, she crawled across the front line for 28 hours and was able to convey valuable information to the command. In 1942, the fighting Baltic delegated her to the All-Union Anti-Fascist Rally of Soviet Women.

    Tamara Smirnova went to the front as a volunteer marine. She received her baptism of fire in a landing operation: she rushed to attack across a river with the Red Navy sailors on a dark autumn night. Despite the cold, icy water, wet clothes and shoes, the group reached the opposite bank. Only then did the enemy notice them and open heavy fire. With the support of artillery and machine guns, the Red Navy sailors found themselves behind enemy lines, breaking through a line of pillboxes. Tamara was with them until the last minute of the battle.

    Tamara proved her fearlessness and impeccable performance of combat missions again and again. One frosty day, Tamara was assigned to track the location of fire weapons on the enemy’s front line. The girl made her way through the forest, crawled across all the open spaces and lay unnoticed all day a few steps from the enemy, and at night she went to the rear of the Germans with the Red Navy sailors. Our artillery struck the fire points she had marked, and our troops soon captured the enemy’s fortified lines.

    She was on the front lines and with scouts made her way under the German barbed wire, passed through minefields, and went behind enemy lines. Once, a group of sailors was conducting a night reconnaissance in force. The sailors-scouts needed to take a fascist bunker. The enemy was illuminating everything around with rockets, so the main thing was to seize the moment to attack. However, one fighter did not have enough patience, and he rushed forward… While bandaging the wounded, Tamara received serious wounds to the head, chest, thigh, and lay unconscious for several hours literally twenty meters from the fascists’ location. Having come to, overcoming the pain, she made her way to her own for another 28 hours.

    After the war, Tamara Smirnova completed her studies at the university and worked in her specialty in Belgorod. Her son also studied at our university.

    Other materials of the project “Scientific Regiment”

    Our graduate built the Road of Life

    The pioneering work of architect Alexander Nikolsky

    A scientist who developed science in besieged Leningrad

    Fights of student Klinov

    Engineer of the 3rd Belorussian Front

    The path of a volunteer: from front-line roads to space developments

    Ivan Solomakhin: “The most memorable battle is for this Devil’s Height!”

    Fiery Dnieper of the Hero of the Soviet Union Alexander Prygunov

    Bringing Victory Closer

    Fyodor Komal’s Front: From the First Minutes of War to Victory

    Junior Political Instructor Boris Gubanov: “The shells whistled, and the earth flew up nearby”

    Viktor Kvyatkovsky – radio operator-intelligence officer of the Baltic Fleet

    How Chief Architect Nikolai Baranov “Hid” Leningrad from the Enemy

    Architect Nikolay Khomutetsky: Four years on the front lines

    Semyon Shifrin thwarted the Nazis’ plans to leave Leningrad without water

    LISI in the post-war years

    Nineteen-year-old machine gunner stormed Berlin

    Abdulla Mangushev: Four Years at the Front and a Life in Science

    The Zazersky architects built and defended the city on the Neva

    LISI graduate Mikhail Zherbin is a design engineer and composer

    He went from being a technical lieutenant to a galaxy of mathematicians

    Konstantin Sakhnovsky: from a cadet of the Russian Empire to an academician of the USSR

    Military architect of the front line of defense and engineering reconnaissance

    A world-renowned scientist, an outstanding engineer and a national champion

    An outstanding urban planner who lived and worked in besieged Leningrad

    Scientific Regiment. Projects of the architect Sergey Evdokimov: from defensive structures and city restoration to metro stations

    Volunteer Mikhail Laletin: “After the front – to university, and then, perhaps, to become an officer”

    Architect Alexander Sokolov preserved and restored cultural heritage

    Scientific Regiment. David Goldgor – architect and sapper

    Please note: This information is raw content directly from the source of the information. It is exactly what the source states and does not reflect the position of MIL-OSI or its clients.

    MIL OSI Russia News

  • MIL-OSI Asia-Pac: Edison Awards_ Silver AI-Optimized Smart EDM Equipment(MIRDC)

    Source: Republic of China Taiwan

    MIRDC has received a prestigious Silver Award for creative groundbreaking innovation has been honored with a Silver Award at an international innovation competition for its groundbreaking development-the “AI-Optimized Smart EDM Equipment”. This advanced pioneering system integrates artificial intelligence (AI) with AIoT cloud-based management, adaptable parameters control (APC)introducing self-adaptive parameter tuning and real-time compensation mechanisms. The result is a comprehensive upgrade of traditional electrical discharge machining (EDM), significantly enhancing both process efficiency and machining precision, and propelling high-end manufacturing into the era of smart production.

    EDM is an essential process in industries such as aerospace, especially for machine high-precision, complex materials. Traditionally, EDM operations relied on the manual expertise of skilled technicians to fine-tune dozens of parameters, resulting in unstable quality, prolonged processing times, and limited scalability. The AI-Optimized Smart EDM Equipment leverages AI to automatically assess machining conditions and make real-time adjustments to critical parameters. This eliminates the instability and inefficiency of manual operation, introducing predictive capabilities and highly stable process control.

    Equipped with microsecond-level data acquisition technology, AI-Optimized Smart EDM Equipment can capture over one million pulse signals per second. It analyzes seven key machining features in real time-such as spark frequency, peak current, and gap voltage-and applies AI models to assess machining quality and optimize parameters. This dramatically reduces finishing time from 12 hours to less than 4 hours, while increasing machining precision from the conventional 10 microns to under 5 microns-and in some cases, with some applications achieving sub-micron precision (0.5 micrometre)- a benchmark suitable for aerospace-grade components.

    In addition to hardware innovation, the technology further integrates an AIoT cloud-based architecture that enables comprehensive process data traceability, remote monitoring, and anomaly detection. Users can access the cloud platform to monitor real-time equipment status and machining quality across global operations, allowing rapid response to supply chain disruptions. This enhances manufacturing flexibility and operational efficiency, aligning perfectly with the smart manufacturing demands of high-end industries such as aerospace, electric vehicles, and semiconductors.

    The technology has received eight domestic and international patents and has been successfully implemented by over ten companies-including OSCARMAX and YAWJET-in applications ranging from high-end EV connector terminal molds and critical aerospace engine components. The system has not only improved manufacturing efficiency and product yield but also helped partner companies secure major international contracts, generating substantial commercial returns.

    The “AI-Optimized Smart EDM Equipment” is more than a technological upgrade- it represents a paradigm shift in manufacturing. It symbolizes Taiwan’s shift from traditional contract manufacturing to a position of global leadership in innovation-driven smart manufacturing. Looking forward, this technology is set to expand into additional high-precision sectors such as space, new energy vehicles, and medical devices, continuing to fuel industrial innovation and strengthen Taiwan’s presence on the global stage.

    MIL OSI Asia Pacific News

  • MIL-OSI United Kingdom: Improving the way services for young people with SEND are inspected

    Source: United Kingdom – Executive Government & Departments

    Press release

    Improving the way services for young people with SEND are inspected

    Ofsted and the Care Quality Commission (CQC) have today published the outcome of a review of the way local area services for children and young people with special educational needs and/or disabilities (SEND) are inspected.

    The aim of the review was to identify enhancements that could be made to the current inspection framework to help drive improvements in the SEND system, without diluting accountability.

    To carry out the review, Ofsted and CQC consulted stakeholders across the sector, including young people with SEND and their families, as well as inspectors themselves and colleagues at the Department for Education (DfE) and NHS England.

    Alongside the review, Ofsted has also published a report summarising findings from the first 2 years of inspections under the current framework. This includes common challenges such as the timeliness and/or quality of education, health and care (EHC) plans.

    Ofsted heard some positive feedback about the current inspection framework, with many across the sector finding it a more supportive process than the previous framework. The focus on the experiences and views of young people and their families was highlighted as a particularly positive change. However, the review also found there was a strong desire from children, young people, families and representative groups to have more opportunities to share their experiences with inspectors. Some local areas also highlighted that inspections can be resource-intensive, which can have an impact on their ability to carry out day-to-day activities.

    There was positive feedback from children, young people and their families about the way inspectors engage with them during inspections, with many saying they felt comfortable openly sharing their thoughts. Meanwhile, feedback both internally and from the sector highlighted the importance of continuing to develop inspectors’ expertise, with inspectors saying that they would value more frequent opportunities to refresh their knowledge.

    As a result of the review, Ofsted and CQC have committed to a series of improvements to the way area SEND inspections are carried out, including:

    • ensuring that inspectors have sufficient time on inspections and providing more opportunities for young people and their families to engage with inspectors during full inspections
    • communicating better with children, young people and their families to ensure they understand how to share their thoughts with inspectors by improving the surveys used to gather their views
    • simplifying the data inspectors ask for at the start of the inspection
    • making engagement meetings more supportive and adjusting the frequency of these meetings
    • where appropriate, specifying more clearly which member of the partnership should take forward areas for improvement
    • exploring how inspection reports can be made more accessible and sharing a summary of survey findings with local area partnerships and family representative groups to support strategic planning
    • updating and increasing the frequency of inspectors’ training
    • exploring the creation of a national pool of Ofsted education inspectors to increase the consistency and expertise of inspection teams
    • working with the Ofsted Academy to continue recruiting inspectors with relevant experience in SEND and alternative provision

    In the longer term, Ofsted and CQC will also consider options for further developing the area SEND framework, including exploring the introduction of an inspection report card after the first cycle of inspections ends in December 2027.

    Lee Owston, Ofsted’s National Director for Education, said:

    We recognise that the SEND system is under significant pressure, and many of the factors contributing to this pressure are outside the control of any local area. But it’s also a fact that services for children with SEND have fallen short for too long, and it is vital that we hold providers to account where improvements need to be made. If we can make sure that we are getting support right for children with SEND, then we know that we’re getting it right for everyone.

    It has been great to hear some positive feedback about our area SEND inspections, and in particular the shift in focus to the experiences and outcomes of children and young people. But we know that we can continue to improve the way that we inspect local areas, by working closely with the sector and government to make sure the framework evolves and develops in response to feedback from the sector and any future government reforms.

    Lucy Harte, CQC’s Deputy Director for Multiagency Operations, said:

    A system of regulation that delivers on the needs of the families and practitioners who use and work in services, is one that is built around their voices and experiences. Hearing that children, young people and their families value the increased focus on their views and experience is wonderful feedback and gives us the opportunity to further develop how we engage with them and make the most of their insight.

    While people told us that examples of good practice in our reports help them to identify strategies to improve the care they offer – there is a clear desire for reports to better highlight where collaboration is making a difference, and where the local area partnerships are facing challenges. Working with Ofsted, we will continue to develop our approach and take advantage of the feedback and opportunities to drive better outcomes for children, young people and their families.

    Notes to editors

    Area SEND monitoring inspections were temporarily paused while this review was completed. Monitoring inspections will start again this term.

    Press office

    8.30am to 6pm Monday to Friday 0300 013 0415

    Updates to this page

    Published 6 June 2025

    MIL OSI United Kingdom

  • MIL-OSI USA: Underwood Announces $26 Million for Local Priorities Selected for Community Project Funding

    Source: United States House of Representatives – Congresswoman Lauren Underwood (IL-14)

    JOLIET – Representative Lauren Underwood (IL-14), a member of the House Appropriations Committee, announced the projects in the 14th District selected to be submitted for consideration for Community Project Funding in FY2026. 

    If funded, the projects below will have extraordinary benefits for our community: ensuring access to safe and reliable drinking water, strengthening rural access to health care, preventing workplace exploitation, helping residents get jobs, providing vulnerable populations access to necessities like emergency shelter and food, and supporting parent-students by providing affordable childcare options in northern Illinois. 

    “Making sure that our community’s needs are reflected in federal funding has always been a top priority of mine in Washington,” said Underwood. “Our families will feel the enormous impact of these 15 projects every day. We’re making sure our drinking water is clean and safe across northern Illinois; strengthening access to quality health care in rural communities, providing parents affordable childcare options, and so much more. I look forward to working with my colleagues to bring these federal dollars home.”

    FY25 projects that were selected by Members of Congress last year were not included in the funding bill passed earlier this year, and nearly all FY25 projects in the 14th District are being resubmitted for FY26.

    Community Project Funding is an initiative that allows Members of Congress to request direct funding for projects that benefit the communities they represent, coupled with strict transparency and ethics requirements. Projects are restricted to a limited number of federal funding streams, and only state and local governments and eligible non-profit entities are permitted to receive funding. In compliance with House Rules and Committee requirements, Underwood has certified that she and her immediate family have no financial interest in any of the projects selected. Underwood’s certification forms for the projects listed are available here, listed in alphabetical order.

    Below are descriptions of the projects submitted for consideration, in alphabetical order by project sponsor:

    Project Title: Bentley Road Pathway Connection

    Project Sponsor: Plainfield Park District

    Amount Requested: $1,300,000

    Address of Sponsor: 23729 W. Ottawa St., Plainfield, IL 60544

    Project Description and Justification: This funding would be used to develop 4 uninterrupted miles along the DuPage River into a pathway connecting parks, recreation areas, and small businesses in Will County.  The pathway will serve as a vital link between existing multi-use trails at Riverside Parkway, Sunset Park, and Hammel Woods along the DuPage River corridor. 

    Project Title: Center for Parenting Students 

    Project Sponsor: Waubonsee Community College

    Amount Requested: $600,000

    Address of Sponsor: Route 47 at Waubonsee Drive, Sugar Grove, IL 60554

    Project Description and Justification: This funding would support the creation of a new Center for Parenting Students’ at Waubonsee Community College. The center will provide crucial support for student parents, helping them balance their academic pursuits with childcare. 

    The Center will offer a welcoming environment with designated family-friendly consultation and meeting rooms. Additionally, lactation suites, changing rooms, and a dedicated feeding space will cater to the specific needs of parenting students. The Center will provide essential support services, access to books, toys, and tablets for children while their parents work on group projects or utilize computers and printers for academic work. 

    Project Title: City of Lockport Environmental Infrastructure Program 

    Project Sponsor: U.S. Army Corps of Engineers Chicago District 

    Amount Requested: $1,368,950

    Address of Sponsor: 231 S. LaSalle Street, Suite 1500, Chicago, IL 60604 

    Project Purpose and Justification: This funding would be used for an environmental infrastructure project that will improve wastewater and stormwater management in the City of Lockport, Illinois. 

    Local infrastructure needs addressed by this project include the Bruce Road & SOS Children Village Utility Improvement Project, as the project includes the installation of a new lift station to serve the SOS Children Village.

    Project Title: Clean Water Project in Oglesby, IL

    Project Sponsor: City of Oglesby

    Amount Requested: $1,020,800

    Address of Sponsor: 110 East Walnut Street, Oglesby, IL 61348

    Project Purpose and Justification: This funding will help replace 2,100 feet of water main lines currently impacted by lead and/or asbestos-cement within the City of Oglesby. The pipes pose significant risks to the public and their replacement will ensure clean drinking water, protect public health and safety, and generate long-term cost savings for the community of Ogelsby.

    Project Title: Education for Parents Project

    Project Sponsor: Northern Illinois University 

    Amount Requested: $1,000,000

    Address of Sponsor: 1425 W Lincoln Hwy, Dekalb, IL 60115

    Priority Project and Justification: This funding will be used to remodel and convert property at Northern Illinois University into a significantly larger child care center. The project will help the university hire new personnel and cover essential upgrades to ensure a safe and healthy environment for children; including roof, drainage, window, and flooring repairs, classroom painting, and a learning space renovation.  

    Project Title: Expanding Hope and Reducing Hunger in La Salle, IL

    Project Sponsor: Illinois Valley Food Pantry

    Amount Requested: $750,000

    Address of Sponsor: 122 Wright Street, LaSalle, IL 61354

    Project Purpose and Justification: This funding will help the food pantry expand their refrigeration and storage capacity, allowing them to serve more families in our community. Currently serving around 500 families monthly, the pantry is at capacity.  

    Project Title: Grand Prairie Water Commission Infrastructure Construction for Northern Illinois

    Project Sponsor: City of Joliet

    Amount Requested: $5,000,000

    Address of Sponsor: 150 W Jefferson Street, Joliet, IL 60432

    Project Purpose and Justification: This funding will build 7.5 miles of underground water transmission main to deliver finished drinking water from the Chicago Department of Water Management to communities in the southwest suburbs. 

    The City of Joliet is part of the Grand Prairie Water Commission, a group of six communities that will utilize Lake Michigan as an alternative water source. 

    Project Title: Law Enforcement Collaboration to Prevent Workplace Crime in Will County, IL

    Project Sponsor: Joliet Township 

    Amount Requested: $339,346 

    Address of Sponsor: 1220 Richards St., Suite A, Joliet, IL 60435

    Project Purpose and Justification: This funding will be used by Joliet Township  to hire one attorney and two project staff dedicated to collaborating with local organizations and law enforcement to address workplace exploitation across Will County and the surrounding area. The project will connect victims of workplace abuse and violence to victim services in northern Illinois communities.

    Project Title: Lead-Free Water Project in Aurora, IL

    Project Sponsor: City of Aurora

    Amount Requested: $3,500,000

    Address of Sponsor: 44 E. Downer Place, City of Aurora, IL 60507

    Project Purpose and Justification: This funding will be used to remove and replace all remaining lead water service lines within the City of Aurora, providing safe, potable water for the community. An estimated 120 lead service lines for homes, impacting nearly 400 residents, are expected to be replaced. The pipes pose significant risks to the public and their replacement will ensure clean drinking water, protect public health and safety, and generate long-term cost savings for the community.   

    Project Title: Lockport Township Emergency Shelter  

    Project Sponsor: Lockport Township 

    Amount Requested: $2,235,015

    Address of Sponsor: 1463 Farrell Road, Lockport, Illinois, 60441

    This funding will be used to support and protect the local economy in Fairmont, Lockport, and the surrounding communities in Will County by converting space within an existing building in Lockport, Illinois into a permanent emergency shelter and regional hub for first responder safety training. Specifically, this project would fund renovations that would enable the shelter to have a full-service generator, weather-resistant roof, reinforced windows and doors, modern HVAC, emergency radios, cot beds, and ADA-compliant accommodation for up to 205 evacuees and personnel.

    Project Title: Reducing Recidivism and Supporting Reentry in Will County, IL

    Project Sponsor: Will County Workforce Services Division—LWIA—10 

    Amount Requested: $600,000

    Address of Sponsor: 2400 Glenwood Ave, Joliet, IL 60435 

    Project Purpose and Justification: This project will provide work training services to justice impacted individuals, increasing public safety and reducing the recidivism rate in Will County, IL. The program will offer participants the option to participate in work-based training or education, or to receive work-based training that leads to full-time employment. Through this program, formerly incarcerated individuals will obtain skills that will help them find and secure meaningful employment.  

    Project Title: Securing A Sustainable Water Source in Oswego, IL

    Project Sponsor: Village of Oswego

    Amount Requested: $2,640,000

    Address of Sponsor: 100 Parkers Mill, Oswego, IL 60543

    Project Purpose and Justification: This funding will support the construction of the three receiving stations, which are integral to the success of the Lake Michigan Water Source Project. The receiving stations will allow Montgomery, Oswego, and Yorkville to store and prepare more water from Lake Michigan. Each City requires one receiving station to prepare and store safe water, and to establish a proper connection with the lake.

    The communities of Montgomery, Oswego, and Yorkville will join the DuPage Water Commission, a group of 30 communities that utilize Lake Michigan as an alternative water source. 

    Project Title: Senior Outreach and Care Project

    Project Sponsor: White Oak Library District

    Amount Requested: $3,250,000

    Address of Sponsor: 201 W. Normantown Rd., Romeoville, IL 60446

    Project Description and Justification: This funding will be used for the construction of a new building for the Outreach Services Department at the Crest Hill Branch Library, allowing the library to reach more people in Will County. The funding will be used to construct a new building, hire two additional staff members to support the new location’s expanded services, and purchase three computer workstations and essential technology like chargers and keyboards.

    Additionally, the funding will allow the library to purchase a Bookmobile to continue outreach efforts outside the library’s physical location as well as additional books for circulation.

    Project Title: Shab-eh-nay Tribal Administration Buildings

    Project Sponsor: Prairie Band Potawatomi Nation

    Amount Requested: $1,360,914

    Address of Sponsor: 16281 Q Road Mayetta, Kansas 66509

    Project Purpose and Justification: This funding will support the construction of governmental office space for the Prairie Band Potawatomi Nation and their neighbors. The new building will allow the Nation to have a designated facility to conduct its government business, deepen their connections with the community, and provide services to residents.  

    Project Title: Strengthening Rural Healthcare for Farmers and Families in Mendota, IL 

    Project Sponsor: Community Health Partnership of Illinois

    Amount Requested: $1,250,000

    Address of Sponsor: 205 West Randolph Street, Suite 1340, Chicago, IL 60606

    Project Purpose and Justification: This funding will expand the Mendota Health Center, transforming the 10,666-square-foot warehouse into an expanded space for medical, dental, and behavioral health services. 

    The proposed health center will house 25 employees and serve over 6,000 individuals needing accessible, quality primary care services. The Mendota Health Center is a lifeline for the community, providing quality health care in Mendota and surrounding areas.

    ###

    MIL OSI USA News

  • MIL-OSI New Zealand: Man due in court following crash, Pongakawa

    Source: New Zealand Police

    A man will be appearing in court next week in relation to the death of a man following a crash in Pongakawa.

    The single-vehicle crash happened around 8:45pm on Tuesday 3 June on Maniatutu Road.

    It was not reported to Police at the time, and the driver and the passengers of the vehicle made their own way home to their addresses in the area.

    Around 4:30am on 4 June, the driver of the vehicle and flatmate of one of the passengers in the car located the passenger deceased at their home.

    Police have made further enquiries and have today charged a 40-year-old man with dangerous driving causing death.

    He is due in Tauranga District Court on 12 June.

    ENDS

    Issued by the Police Media Centre

    MIL OSI New Zealand News

  • MIL-OSI: Form 8.3 – Empiric Student Property Plc

    Source: GlobeNewswire (MIL-OSI)

    FORM 8.3

    PUBLIC OPENING POSITION DISCLOSURE/DEALING DISCLOSURE BY
    A PERSON WITH INTERESTS IN RELEVANT SECURITIES REPRESENTING 1% OR MORE
    Rule 8.3 of the Takeover Code (the “Code”)

    1.        KEY INFORMATION

    (a)   Full name of discloser: Jupiter Fund Management Plc
    (b)   Owner or controller of interests and short positions disclosed, if different from 1(a):
            The naming of nominee or vehicle companies is insufficient. For a trust, the trustee(s), settlor and beneficiaries must be named.
     
    (c)   Name of Offeree in relation to whose relevant securities this form relates:
            Use a separate form for each offeror/offeree
    Empiric Student Property plc
    (d)   If an exempt fund manager connected with an offeror/offeree, state this and specify identity of offeror/offeree:  
    (e)   Date position held:
            For an opening position disclosure, state the latest practicable date prior to the disclosure
    5th June 2025
    (f)   In addition to the company in 1(c) above, is the discloser making disclosures in respect of any other party to the offer?
            If it is a cash offer or possible cash offer, state “N/A”
    Yes
    Unite Group plc

    2.        POSITIONS OF THE PERSON MAKING THE DISCLOSURE

    If there are positions or rights to subscribe to disclose in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 2(a) or (b) (as appropriate) for each additional class of relevant security.

    (a)      Interests and short positions in the relevant securities of the offeror or offeree to which the disclosure relates following the dealing (if any)

    Class of relevant security: 5p ordinary
      Interests Short positions
      Number % Number %
    (1)   Relevant securities owned and/or controlled: 32,659,757 4.91%    
    (2)   Cash-settled derivatives:        
    (3)   Stock-settled derivatives (including options) and agreements to purchase/sell:        

            TOTAL:

    32,659,757 4.91%    

    All interests and all short positions should be disclosed.

    Details of any open stock-settled derivative positions (including traded options), or agreements to purchase or sell relevant securities, should be given on a Supplemental Form 8 (Open Positions).

    (b)      Rights to subscribe for new securities (including directors’ and other employee options)

    Class of relevant security in relation to which subscription right exists: None
    Details, including nature of the rights concerned and relevant percentages: None

    3.        DEALINGS (IF ANY) BY THE PERSON MAKING THE DISCLOSURE

    Where there have been dealings in more than one class of relevant securities of the offeror or offeree named in 1(c), copy table 3(a), (b), (c) or (d) (as appropriate) for each additional class of relevant security dealt in.

    The currency of all prices and other monetary amounts should be stated.

    (a)        Purchases and sales

    Class of relevant security Purchase/sale Number of securities Price per unit
    N/A      

    (b)        Cash-settled derivative transactions

    Class of relevant security Product description
    e.g. CFD
    Nature of dealing
    e.g. opening/closing a long/short position, increasing/reducing a long/short position
    Number of reference securities Price per unit
    NONE        
             

    (c)        Stock-settled derivative transactions (including options)

    (i)        Writing, selling, purchasing or varying

    Class of relevant security Product description e.g. call option Writing, purchasing, selling, varying etc. Number of securities to which option relates Exercise price per unit Type
    e.g. American, European etc.
    Expiry date Option money paid/ received per unit
    NONE              

    (ii)        Exercise

    Class of relevant security Product description
    e.g. call option
    Exercising/ exercised against Number of securities Exercise price per unit
    NONE        

    (d)        Other dealings (including subscribing for new securities)

    Class of relevant security Nature of dealing
    e.g. subscription, conversion
    Details Price per unit (if applicable)
    None      

    4.        OTHER INFORMATION

    (a)        Indemnity and other dealing arrangements

    Details of any indemnity or option arrangement, or any agreement or understanding, formal or informal, relating to relevant securities which may be an inducement to deal or refrain from dealing entered into by the person making the disclosure and any party to the offer or any person acting in concert with a party to the offer:
    Irrevocable commitments and letters of intent should not be included. If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (b)        Agreements, arrangements or understandings relating to options or derivatives

    Details of any agreement, arrangement or understanding, formal or informal, between the person making the disclosure and any other person relating to:
    (i)   the voting rights of any relevant securities under any option; or
    (ii)   the voting rights or future acquisition or disposal of any relevant securities to which any derivative is referenced:
    If there are no such agreements, arrangements or understandings, state “none”

    NONE

    (c)        Attachments

    Is a Supplemental Form 8 (Open Positions) attached? NO
    Date of disclosure: 6thJune 2025
    Contact name: Claire Rodway
    Telephone number: 0203 817 1441

    Public disclosures under Rule 8 of the Code must be made to a Regulatory Information Service.

    The Panel’s Market Surveillance Unit is available for consultation in relation to the Code’s disclosure requirements on +44 (0)20 7638 0129.

    The Code can be viewed on the Panel’s website at www.thetakeoverpanel.org.uk.

    The MIL Network

  • MIL-OSI United Kingdom: Government’s new law sees unfair bonuses banned for six water companies with immediate effect

    Source: United Kingdom – Executive Government & Departments

    Press release

    Government’s new law sees unfair bonuses banned for six water companies with immediate effect

    Government bans unfair bonuses for water companies that don’t meet high standards

    • Unfair bonuses now banned for water companies that don’t meet high standards.  

    • Water bosses awarded themselves over £112 million in bonuses and incentive payments in the last decade.  

    • Strengthened enforcement is just one part of the Government’s strategy to reform the water sector and attract investment as part of its Plan for Change.  

    Unfair bonuses have been banned for senior executives at six water companies, as new measures in the Water (Special Measures) Act come into force today (Friday, 6th June).  

    The government is clear that transformative change across the water sector is needed to clean up our rivers, lakes and seas, and modernise the sector for decades to come.  

    Under new rules, companies are not permitted to pay bonuses to water bosses that oversee poor environmental and customer outcomes. This delivers on a key manifesto commitment and has been backdated to apply to any bonuses relating to the financial year from April last year.  

    This applies to Thames Water, Yorkshire Water, Anglian Water, Wessex Water, United Utilities, and Southern Water, where bosses are not permitted to receive bonuses with immediate effect.  

    Water companies have awarded over £112 million in bonuses and incentives over the last decade. Last year alone, £7.6 million in bonuses were paid to water bosses in England. 

    It’s crucial that companies attract the best talent to deliver essential upgrades to the water system. Companies that do meet Ofwat’s standards will still be eligible to pay executives bonuses – a powerful incentive for them to deliver immediate environmental improvements, better customer outcomes, and improve financial resilience.  

    Environment Secretary Steve Reed said:      

    Water company bosses, like anyone else, should only get bonuses if they’ve performed well, certainly not if they’ve failed to tackle water pollution.  

    Undeserved bonuses will now be banned as part of the Government’s plan to clean up our rivers, lakes and seas for good. 

    Promise made, promise delivered. 

    Today’s ban holds water bosses to account and ensures they can no longer cash in while their companies pollute rivers, neglect customers, or mismanage finances.  

    Strengthened enforcement is just one part of the government’s strategy to reform the water sector, which also includes working with the companies and their investors to make the water industry one of growth and opportunity, attracting investment and ensuring its stable financial footing for years to come. 

    The government is determined to reform the sector in a way that continues to attract high quality, long-term investors to rebuild our water infrastructure. Following the publication of the Independent Water Commission’s interim report, Ministers will look at proposals carefully, and outline further action in due course. 

    While it is for water companies to set their own remuneration, new standards published by Ofwat that come into force today mean bonuses will not be permitted be handed out in specific cases when a water company:   

    • Fails to meet core environmental standards and presides over serious pollution offences 

    • Fails to meet basic financial resilience standards (e.g. meet minimum credit rating requirements)    

    • Fails to meet core consumer standards (e.g. failure to operate and maintain sewage networks)   

    • Is convicted of a criminal offence (e.g. criminal convictions for serious environmental failings including illegal spills)   

    Under new rules published by Ofwat today, any company failing to meet key standards will automatically lose the right to award bonuses. If a company pays a bonus while banned, Ofwat has the powers under the Water (Special Measures) Act to direct the company to claw back the money. Any company that does not comply with Ofwat’s directions will face enforcement action. 

    To further protect customers and clean up our waterways, the government has secured a record £104 billion of private investment – the largest ever since privatisation to cut sewage discharges by nearly half over the next five years. This money will now be ringfenced for new pipes and treatment works, not shareholder payouts.  

    Notes to editors  

    • The table below outlines companies’ compliance on current information. 

    • It is up to individual water companies to determine appropriate financial rewards. Ofwat will consider action required once water companies publish their remuneration decisions in their annual reports for the 2024-25 financial year.

    ANNEX A: Companies affected by the ban:

    Water company Consumer standards Environment standards Financial resilience Criminal offence Subject to ban? Details of criteria
    Anglian Water Fail – 1 incident CEO bonus banned* Cat.1 data in Annex C
    Northumbrian Water Company can pay bonuses
    Severn Trent Company can pay bonuses
    Southern Water Fail – 1 incident CEO and CFO bonus banned Cat.1 data in Annex C
    South West Water Company can pay bonuses
    Thames Water Fail – 7 incidents Fail – April 2024 CEO and CFO bonus banned Thames Water Utilities Limited (‘Thames Water’) – undertakings under Section 19 – Ofwat
    United Utilities Fail – 1 incident CEO & CFO bonus banned Cat.1 data in Annex C
    Wessex Water Fail – 1 Conviction CFO bonus banned** Wessex Water fined £500,000 for sewage killing thousands of fish – GOV.UK
    Yorkshire Water Fail – S94 Breach Fail – 1 incident CEO & CFO bonus banned Yorkshire Water to pay £40m enforcement package following Ofwat wastewater investigation – Ofwat

    *Anglian Water’s CFO is not subject to the ban because they were not in post for the Cat.1 incident. Their CEO was in post during the Cat.1 incident and therefore faces a ban.   

    **Wessex Water’s CEO is not subject to the ban because they were not in post for the criminal offence that triggers the ban.

    ANNEX B: Total CEO/CFO bonuses paid by water companies in England (in thousands)

    Water company 2014-15 2015-16 2016-17 2017-18 2018-19 2019-20 2020-21 2021-22 2022-23 2023-24 Total
    Anglian Water 1,482 1,798 1,569 3,429 3,234 713 2,222 1,152 1,291 95 16,984
    United Utilities 3,227 2,942 2,284 2,247 2,733 2,733 3,138 2,763 2,377 1,366 25,810
    Northumbrian Water 597 484 595 479 384 269 259 214 311 315 3,907
    Southern Water 757* 427 187 756 645 815 842 669 312 5,410
    Severn Trent Water 3,367 2,294 2,978 1,788 2,201 2,674 2,777 4,471 3,413 3,309 29,271
    South West Water 556 832 640 259 521 984 1,230 755 362 470 6,609
    Thames Water 2,432 609 203 807 448 937 538 794 770 7,538
    Wessex Water 236 353 482 552 485 640 651 459 387 4,246
    Yorkshire Water 2,305 1,288 1,588 631 1,547 1,666 1,568 1,122 571 616 12,902
    Total 14,959 11,027 10,526 10,948 12,197 10,791 13,213 12,591 8,784 7,639 112,676

    *Long Term Incentive Plan value for Southern Water is a four-year figure, from 2011-15. Since there was no annual breakdown for 2014/15, the LTIP value has been divided by 4.

    ANNEX C: Category 1 incidents

    Water company Number of Category 1 incidents Date Location
    Anglian Water 1 September 2024 Peterborough
    Southern Water 1 August 2024 New Forest District
    Thames Water 7 January 2024 Three Rivers District
    January 2024 Chiltern District
    February 2024 Slough
    April 2024 Enfield London Borough
    April 2024 Sevenoaks District
    November 2024 Reigate and Banstead District
    December 2024 Runnymede District
    Yorkshire Water 1 December 2024 Kirklees District
    United Utilities 1 December 2024 Bolton

    Quotes

    Bonuses should reflect excellence, not routine negligence and widespread environmental degradation. Our rivers and wildlife continue to suffer because companies have repeatedly prioritised profit over public health and nature protection. Removing bonuses if high standards aren’t met, is a welcome first step from Ofwat. 

    This must be backed up with strong resources for environmental regulators to ensure this is enforced.

    Ben Seal, Head of Access & Environment, Paddle UK, said:

    When something so precious as our nations water is on the line, public outrage at water executives pocketing big bonuses for failing to prevent pollution, is entirely justified.  

    It is positive to see the steps taken through the new Water Special Measures Act beginning to take effect. Let’s hope that blocking the payment of these bonuses is just another means of helping focus minds on driving up environmental performance, rather than prioritising profit. 

    Mark Lloyd, CEO, The Rivers Trust, said:

    The fact that water company bosses will no longer be rewarded for poor environmental performance is a significant moment in rebuilding public trust. It’s great to see the environment being valued as it should be, and that the personal responsibility of water industry leaders in looking after the environment is being recognised. 

    The measures announced today tackle the most serious pollution incidents, but we still need to be aware that the vast majority of pollution comes from smaller, more insidious events which, in combination, can cause far greater harm to our rivers.

    Ali Morse, Water Policy Manager at The Wildlife Trusts, said:  

    This is a change that’s important to billpayers. Customers don’t think it’s right that senior staff are rewarded whilst our rivers and seas bear the brunt of poor water sector performance. No one is under any illusions that this alone will significantly ease pressure on household bills, or make good the harms caused to the environment already; it’s more a point of principle – that even a single incident can result in a bonus ban –  and, along with other recent changes, sends a strong signal to the industry that it must do more to prioritise the health of the environment upon which its business relies.

    Deborah Meaden, Businesswoman, entrepreneur and Dragons Den Investor, said:

    This is a very welcome step as part of the battle to better protect our waters and waterways. Bonuses should rightly be focused on constantly improving water quality in our seas and rivers, not just to stop the damage but actually repair and restore.

    Updates to this page

    Published 6 June 2025

    MIL OSI United Kingdom

  • MIL-OSI Asia-Pac: Edison Awards_Gold 3D MAGVIS-NAV ICH System(MIRDC)

    Source: Republic of China Taiwan

    Hemorrhagic stroke is a sudden and life-threatening condition caused by bleeding within the brain due to a ruptured blood vessel. Each minute is critical for patient survival. Conventional treatment methods, such as craniotomy, often involve large incisions and repeated X-ray imaging to confirm instrument position, which increases surgical risk, prolongs procedure time, and exposes both patients and medical staff to significant radiation.

    MIRDC has earned international acclaim with its award-winning innovation, the 3D Magnetic Tracking-Guided ICH Surgical Navigation System (3D MAGVIS-NAV ICH System). By incorporating real-time magnetic tracking and visual assistance, the system significantly shortens decision-making time and greatly improves positional accuracy, showcasing Taiwan’s capabilities in advanced medical technology. Leveraging 3D magnetic-guided multifunctional endoscopy, it provides surgeons with a penetrating, GPS-like multidimensional view, enabling precise targeting of intracranial hemorrhage within confined spaces and substantially enhancing both the safety and success rate of stroke surgeries.

    3D MAGVIS-NAV ICH System integrates ultra-precise magnetic sensors with a flexible multifunctional endoscope, allowing dynamic tracking of surgical instruments within the brain. When combined with real-time medical imaging, it creates a 3D stereoscopic navigation environment. This enables accurate, single-attempt access to the bleeding site while avoiding repeated punctures and the risk of secondary hemorrhaging. Moreover, it reduces intraoperative radiation exposure by up to 80%. Clinically, the system has shown remarkable outcomes-reducing surgical mortality from 25% to 5% and significantly lowering postoperative rebleeding rates.

    Designed with a modular architecture, the 3D MAGVIS-NAV ICH System is built into a compact medical cart, making it easily deployable across healthcare institutions. It is especially suited for use in remote or resource-limited regions for urgent and critical care, reinforcing Taiwan’s global impact in the domains of smart healthcare and medical equity.

    Currently, MIRDC has strategically integrated the system with ClearMind Biomedical Inc. and is working with the Department of Neurosurgery at Kaohsiung Veterans General Hospital to offer safer and more effective clinical options. Moving forward, MIRDC will continue collaborating with medical device manufacturers and academic institutions to expand the system’s applications. With support for flexible endoscopy and puncture procedures, the platform can be extended to meet the precise navigation needs of the cardiac catheter positioning, lungs, liver, kidneys, breasts, bladder, sinuses, oral swallowing function and speech activity measurements and more-broadening its clinical value and medical impact.

    MIL OSI Asia Pacific News

  • MIL-OSI Asia-Pac: CHP investigates suspected case of mad honey poisoning

    Source: Hong Kong Government special administrative region

    The Centre for Health Protection (CHP) of the Department of Health is today (June 5) investigating a suspected case of mad honey poisoning, and reminded the public to buy honey from a reliable source or apiary.

         A 51-year-old female developed dizziness around 30 minutes after consuming honey earlier today. She attended the Accident and Emergency Department of Pok Oi Hospital and was hospitalised for observation due to hypotension and bradycardia. The patient is now in stable condition. Her clinical diagnosis was suspected mad honey poisoning.

         A preliminary investigation revealed that the patient had consumed honey brought by her relative from Nepal. The poisoning might have been caused by grayanotoxin. The CHP’s investigation is ongoing.

         Mad honey poisoning is caused by ingestion of honey containing grayanotoxins derived from plants belonging to the Ericaceae family, including rhododendrons. Grayanotoxins are neurotoxins which can affect nerves and muscles. Symptoms of poisoning include nausea, vomiting, diarrhoea, dizziness, weakness, excessive perspiration, hypersalivation and paraesthesia shortly after ingestion. In severe cases, hypotension, bradycardia or shock may occur.

         Members of the public are reminded to take heed of the following preventive advice:

    • Buy honey from a reliable source or apiary;
    • Discard honey with a bitter or astringent taste – grayanotoxin-containing honey may cause a burning sensation in the throat; and
    • Pay special attention to honey from India, Nepal and the Black Sea region of Türkiye as there have been grayanotoxin poisoning cases connected with honey from these areas.

    MIL OSI Asia Pacific News

  • MIL-OSI Economics: Le Mans 24 Hours: Preview TOYOTA GAZOO Racing aiming for its sixth Le Mans win

    Source: Toyota

    Headline: Le Mans 24 Hours: Preview
    TOYOTA GAZOO Racing aiming for its sixth Le Mans win

    TOYOTA GAZOO Racing takes on the challenge of an ultra-competitive Hypercar grid in the 93rd edition of the Le Mans 24 Hours (14-15 June), which marks the 40th anniversary since Toyota’s first appearance in endurance racing’s most prestigious event.

    MIL OSI Economics

  • MIL-OSI United Kingdom: Derby Market Hall launches booking process for pop-up traders

    Source: City of Derby

    Derby Market Hall has launched a new booking process for those who are interested in having a temporary pop-up stall.

    The revitalised Grade II listed building has undergone a significant £35.1m transformation, creating a vibrant hub in the heart of the city that brings together the best of the region’s independent shopping, eating, drinking, and entertainment under one stunning roof. 

    The Market Hall was officially reopened on Saturday 24 May – drawing in over 34,500 visitors during its first three days – and hosted a week-long celebration packed with live music and family-friendly workshops. 

    The pop-up barrows offer visitors an opportunity to enjoy something different each time they visit. With a central location, they offer a prime opportunity for traders to showcase their products in one of Derby’s most historic and iconic buildings. With rates starting at just £15 per day, these pop-up barrows have been carefully designed for Derby creatives to showcase their talent to visitors from across the region. 

    Pop-up traders will not only benefit from the incredible footfall at the Market Hall, but they will be trading and selling their products under a new vision for the Market Hall and will a part of the new vision to offer something for everyone.

    Carla Dee, owner of Love Lalaland, said:

    I had such an awesome experience at the opening week at the Derby Market Hall. It was the perfect spot in the centre of Derby and the most stunning venue to showcase my work and meet so many wonderful people. The Market Hall team are always on hand to help, and most importantly, with a smile on their faces. I will definitely have a pop-up again in the near future.

    Eve Ward, owner of Ivy Rose, said:

    I absolutely loved my pop-up. The size of the barrow was perfect, and I found the cupboards underneath very handy.

    Traders who are interested in booking a pop-up can apply through the Eventaly platform where they can also check availability and terms and conditions. 

    In addition to pop-up stalls, Derby Market Hall is also recruiting permanent traders to join its diverse community. Since the reopening, Derby Market Hall has received 46 enquiries from prospective permanent traders. Businesses who are interested in having a permanent stall can submit their applications on the Derby Market Hall’s website. 

    Councillor Nadine Peatfield, Leader of Derby City Council and Cabinet Member for City Centre, Regeneration, Strategy and Policy, said:

    The revitalised Derby Market Hall is more than just a marketplace. We’re marking a new era for the historic Grade II listed building, and it has been transformed into a vibrant hub in the heart of the city which is marking a new era for the region’s independent shopping, dining, and entertainment. 

    We have received such positive feedback from our pop-up and permanent traders since opening. This is an amazing opportunity for creatives from across the region to sell their products to a diverse range of visitors.

    More information about traders and events is available on the Derby Market Hall website. You can also follow Derby Market Hall on Facebook and Instagram

    Derby Market Hall is open 8am – 3pm from Monday to Wednesday; 8am – 10pm Thursday to Saturday and 11am until 3pm on Sunday. 

    MIL OSI United Kingdom

  • MIL-OSI United Kingdom: Progress on Active Transport Corridors

    Source: Scotland – City of Dundee

    The journey to provide sustainable transport corridors along major Dundee routes is moving forward thanks to a £745,000 grant from the Scottish Government. 

    Engineering consultancy SWARCO has been appointed to develop detailed construction-ready designs for the Lochee Road and Arbroath Road corridors. These designs will integrate active travel and bus priority measures, building on initial concept work. Fully funded by Transport Scotland, the design work will include various elements including surveys, traffic modelling, design development and community consultation and engagement. 

    These corridors are central to Dundee City Council’s Sustainable Transport Delivery Plan, which outlines ambitious plans to enhance and expand the city’s sustainable transport infrastructure.  

    With around 20,000 vehicle movements daily on these routes, the improvements aim to make walking, cycling, and bus travel more attractive alternatives to car use. This will help to reduce congestion, improve air quality, and connect communities with affordable, low-carbon transport options.  

    The award of the tender will be discussed by the council’s Fair Work, Economic Growth and Infrastructure Committee at its meeting on Monday June 9. 

    Depute Convener Cllr Siobhan Tolland said: “As we look to the future and work to meet our climate and net zero commitments, active and sustainable travel will play an increasingly important role in that journey. 

    “These transport methods will make a substantial positive contribution to the city’s health and wellbeing and also further improve air quality. 

    “The new corridor designs will help us bring forward practical solutions to encourage more people to walk, wheel, cycle, and use public transport along these key routes.”                        

    Meanwhile, the committee will also be asked to approve a £112, 255 tender for a pocket park in Lochee. 

    The project is being supported by funding from Scottish Government’s Vacant and Derelict Land Investment Programme, as well as Transport Scotland’s Active Travel Infrastructure Fund. 

    Works, which would be carried out by Tayside Contracts, would see the construction of a pocket park and raingarden in vacant land near the Lochee High Street/Bank Steet road junction.   

    The raingarden element will contribute to wider drainage improvements for the area to provide a surface water connection point for new development in Lochee. 

    Councillor Tolland added: “Pocket parks have been delivered successfully across other areas in Dundee and help in efforts to encourage people to get out, be active and enjoy their local community.” 

    MIL OSI United Kingdom

  • MIL-OSI Asia-Pac: The Automotive Research & Testing Center’s Level 3 Autonomous Electric Bus won the Bronze Award in the 2025 Edison Awards.

    Source: Republic of China Taiwan

    Taiwan’s Automotive Research & Testing Center (ARTC) has reached a major milestone in the field of smart mobility. Through the integration of advanced technologies and collaboration with local industry partners, ARTC has successfully developed the country’s first domestically produced electric bus with Level 3 autonomous driving capabilities. This innovation was internationally recognized with a Bronze Award at the 2025 Edison Awards, underscoring Taiwan’s growing influence in global intelligent transportation.

    At the core of this achievement is a highly intelligent electric bus equipped with a suite of advanced sensors and control systems. The vehicle is capable of real-time monitoring of the driving environment, autonomous control, and seamless transitions between manual and autonomous driving modes when road conditions permit. These features are enabled by an integrated platform that combines perception, decision-making, and vehicle control technologies.

    The autonomous system is designed to maintain lane discipline and avoid obstacles by analyzing road features. When the driver activates the turn signal, the system ensures that a safe gap in traffic is available before assisting in the maneuver. These capabilities not only enhance driving safety but also alleviate the driver’s workload-particularly in complex or congested driving environments.

    In addition, the vehicle incorporates a driver monitoring system that uses facial and posture recognition to assess the driver’s readiness to take over control. If the environment becomes unmanageable and the driver is unresponsive-due to fatigue or distraction-the bus will automatically reduce speed and come to a safe stop or pull over. This significantly reduces the risk of accidents caused by human error or delayed reaction times.

    Currently, most buses in Taiwan still rely heavily on manual driving, making driver fatigue a key safety concern. The implementation of Level 3 autonomous functions provides a practical solution for improving operational safety and passenger comfort. It also marks an important step toward more intelligent and sustainable forms of public transportation.

    The project was made possible through ARTC’s partnership with Taiwanese bus manufacturer CHTC Motor. The resulting vehicle meets both domestic requirements and key international standards, including UNECE regulations UN R79 and UN R157. These cover features such as automated lane keeping, emergency steering, and lane change assistance-essential functions for Level 3 autonomy.

    Being named a Bronze Winner at the 2025 Edison Awards-one of the world’s most prestigious accolades for innovation-demonstrates the global competitiveness and technical excellence of Taiwan’s smart mobility initiatives. The Edison Awards honor excellence across industries in technology development, product innovation, and applied science.

    Looking ahead, ARTC will continue advancing next-generation intelligent transportation technologies through industry collaboration and applied research. The successful deployment of Taiwan’s first Level 3 autonomous electric bus is not only a technological achievement-it signals that Taiwan is ready to compete in the global race toward smart and sustainable transportation.

    MIL OSI Asia Pacific News

  • MIL-OSI China: Targeting greener future, China embraces low-carbon growth with strides

    Source: China State Council Information Office

    From coal-powered plants belching smoke to vast expanses of solar panels glinting under the sun, China’s transition to green development is moving at a fast clip with notable progress, propelled by President Xi Jinping’s commitment to building a more sustainable future.

    In 2024, 86 percent of newly installed power capacity in China came from renewable energy sources, while the share of cumulative installed renewable capacity rose to a record high of 56 percent of the national total, official data showed.

    The figures reflect years of arduous efforts of the world’s largest developing country to pivot from fossil fuels toward cleaner energy sources, spearheaded by Xi’s steady and strategic commitment to a low-carbon development path.

    Xi, also general secretary of the Communist Party of China (CPC) Central Committee and chairman of the Central Military Commission, said in 2020 that China will strive to peak carbon dioxide emissions before 2030 and achieve carbon neutrality before 2060. The pledge represents the steepest cut in carbon emission intensity in the shortest period of time that the world has ever seen.

    “Carbon peaking and carbon neutrality are not something asked of us, but something we are doing on our own initiative,” Xi once said, adding that the goals cannot be achieved easily but efforts must be made immediately.

    Calling for advancing green and sustainable development rather than GDP-oriented growth, Xi has urged regions burdened by outdated industrial models to accelerate green transitions while balancing the need for energy security.

    Inner Mongolia Autonomous Region in north China offers a vivid illustration. Rich in coal and central to the nation’s energy supply, the region had been leaning on high-polluting industries and resource-intensive growth.

    In 2018, during a joint deliberation with fellow lawmakers from Inner Mongolia, Xi urged the region to develop the modern energy sector effectively by following the latest industrial trends.

    Over recent years, the region has quickened its pace of transformation. Once known for coal and desert, it is now dotted with vast arrays of solar panels and wind turbines. By the end of 2024, the region’s installed new energy capacity, which includes wind power and solar energy, had overtaken thermal power for the first time, reaching the landmark a full year ahead of schedule.

    The region’s green transition mirrors broader national efforts. To achieve its carbon reduction goals, the government has introduced sweeping measures, including the expansion of market mechanisms to drive change.

    In July 2021, China officially launched its national carbon emissions trading market, a critical step in reducing carbon footprints and meeting emissions targets. The platform has since evolved into the world’s largest carbon market by the amount of greenhouse gas emissions traded. Notably, the carbon-emissions intensity in the generation of electricity has since decreased by 8.78 percent.

    While striving to tackle climate change, China’s green push has also emerged as a powerful engine of economic growth. “Green, circular, and low-carbon development represents the trend of the current technological revolution, and the direction in which is shifting,” Xi said at a meeting in 2015. He also noted that with unparalleled future prospects and potential, the development will create a number of growth drivers.

    Since Xi announced carbon peaking and carbon neutrality targets nearly five years ago, China has built the world’s largest and fastest-growing renewable energy system as well as the largest and most complete new energy industrial chain.

    The country’s production and sales of new energy vehicles have secured the top position in the world for 10 consecutive years. It also emerged as a global technology leader in sectors such as solar panels, lithium batteries, and carbon capture, among others.

    Xi has also underscored the key role a sound ecological environment plays in supporting China’s long-term development, and has long been concerned about land restoration and afforestation.

    For 13 consecutive years, Xi has maintained a tree-planting tradition, joining officials and citizens to promote the country’s afforestation drive. From 2012 to 2024, China’s afforestation area was equivalent to over twice the size of Germany.

    With nearly one-fifth of the world’s population, China’s green transformation carries global significance. The country has been working to help power the world’s green transition by sharing its expertise in green technologies and aiding clean energy projects in developing countries.

    Between 2016 and 2023, China provided a total of 24.5 billion U.S. dollars in climate-related funding to other developing countries. In 2023 alone, China’s exports of wind and solar products helped other countries reduce carbon emissions by 810 million tonnes.

    “However the world may change, China will not slow down its climate actions, will not reduce its support for international cooperation, and will not cease its efforts to build a community with a shared future for mankind,” said Xi at the Leaders Meeting on Climate and the Just Transition in April. 

    MIL OSI China News

  • MIL-OSI China: Alvarez on target as Argentina sink Chile

    Source: People’s Republic of China – State Council News

    Julian Alvarez scored a first-half winner as Argentina clinched a 1-0 away victory over Chile in their FIFA World Cup qualifier on Thursday.

    The visitors took the lead in the 16th-minute at Estadio Nacional in Santiago when Alvarez ran onto Thiago Almada’s through ball and lifted a shot over goalkeeper Brayan Cortes.

    Argentina controlled more than two thirds of possession against a Chile side that could only manage three shots on target.

    With World Cup qualification already secured, Argentina started without captain Lionel Messi, as manager Lionel Scaloni fielded a largely inexperienced side.

    Messi replaced Nico Paz in the 57th minute and the 37-year-old came close to scoring shortly after with a dangerous free-kick that was saved by Cortes.

    Scaloni paid tribute to his players’ commitment after the match, adding that Chile had provided a stern test.

    “It’s the players’ job to always give their all when they wear the national team shirt,” he told a post-match news conference. “These are tough matches because the players are having to get through a lot of games, but everyone wanted to be here and contribute – that’s the important thing.”

    While Argentina can already start preparing for football’s showpiece tournament in the United States, Mexico and Canada next year, Chile’s chances of qualifying are distant.

    Ricardo Gareca’s side is currently last in the 10-team South American zone standings and even three wins from its three remaining qualifiers might not be enough to secure a playoff spot.

    In other CONMEBOL World Cup qualifiers on Thursday, Ecuador and Brazil drew 0-0 in Guayaquil and Paraguay beat Uruguay 2-0 in Asuncion.

    MIL OSI China News

  • MIL-OSI China: Crossing mountains, Chinese youth building future beyond the fields

    Source: People’s Republic of China – State Council News

    On a crisp spring morning, Wang Bing navigated frost-rimmed paths toward her office at the government building of Taxkorgan Tajik Autonomous County in northwest China’s Xinjiang Uygur Autonomous Region, a windswept frontier perched 4,000 meters above sea level on the Pamir Plateau.

    Last year, the 24-year-old from Inner Mongolia Autonomous Region in north China had joined 44 peers in the “Go West” program, trading city life for a government audit role in one of China’s most remote regions. Her sun-burned cheeks tell a story shared by hundreds of thousands — generations redefining success through service in the nation’s hinterlands.

    Wang’s journey mirrors a seismic shift among China’s youth. Since its launch in 2003, China’s “Go West” program has enabled 540,000 young volunteers to serve across over 2,000 county-level regions in the country’s vast, underdeveloped western regions for a year or more, according to the Communist Youth League of China. The talent program seeks to bring fresh perspectives and energy to areas with significant growth potential.

    In Kuqa City’s No. 3 Middle School, Liu Daqian from Harbin Institute of Technology (HIT) in northeast China, helps his students, who once “struggled to hold a mouse,” to practice robot programming. In January 2024, an HIT alumni-founded company donated an AI laboratory to the school. That same year, two student teams mentored by HIT volunteer teachers won national competition awards, setting a new record for southern Xinjiang.

    “I studied bridge engineering, and I want to build that same kind of bridge, one that connects children to a bigger world,” said Liu, who teaches geography. To his students, the witty and humorous teacher from Heilongjiang Province possesses a magical charm — he always seems to have the answer to every question.

    Of those in the “Go West” program, over 55,000 volunteers have served in Xinjiang, a region covering one-sixth of China’s territory, with more than 15,000 choosing to remain in Xinjiang long term, the regional Communist Youth League Committee revealed.

    Wang Jiamin, meanwhile, has returned to familiar territory but in a new role. After earlier teaching in rural Yunnan Province in southwest China via this program, the Beijing Foreign Studies University graduate has gone back to Yunnan after her stint as a student in the Chinese capital, this time serving as a civil servant. Calling Yunnan her “second hometown,” Wang expressed excitement about trekking through the fields and visiting the homes of villagers to persuade families to send their children back to school.

    There are also rooted professionals active in rural settings in the west of China. Dressed in pink scrubs and gloves, 29-year-old veterinarian Bai Hua deftly examined a cow in Guyuan of northwest China’s Ningxia Hui Autonomous Region, where she was born into a cattle farming family and has practiced as a veterinarian for a decade since graduating from a local vocational-technical school.

    “Field vets must travel village-to-village daily and most can’t handle it,” she said, recalling initial skepticism from farmers about her petite frame. “But skill outweighs size,” she added. Her team now treats over 100 livestock daily — providing critical expertise to remote farms.

    Youth-driven innovation is transforming rural economies. In the mountainous areas of Longnan, northwest China’s Gansu Province, tech-savvy entrepreneur Zhao Wuqiang could be seen live-streaming his walnut oil products to national audiences. A former software engineer in eastern China, Zhao made a pivotal career shift 14 years ago. His foresight of China’s internet boom and his hometown’s untapped potential combined to create a 380-million-yuan (about 52.9 million U.S. dollars) business integrating more than 200 farming cooperatives, establishing direct farm-to-table supply chains while modernizing walnut cultivation for some 12,000 farmer households.

    “Upgraded rural internet infrastructure and logistics networks have been game-changers for our e-commerce growth,” Zhao said. The ex-programmer’s company has garnered 130,000 followers on social media platforms.

    Official statistics showed that as of the end of 2024, over 90 percent of China’s administrative villages had achieved 5G network coverage, with gigabit broadband networks now available in all county-level regions. Notably, rural logistics infrastructure has also seen significant enhancement, with 346,000 integrated mail and delivery service stations now operational at village level — providing express delivery access to more than 95 percent of the country’s administrative villages.

    As China accelerates its agricultural modernization, a growing wave of urban youth are returning to their rural roots. In Anji County of east China’s Zhejiang Province, an eco-tourism hotspot which drew over 34 million visitors last year, Ding Chuxiao, 27, blends design flair with tea culture and farm experiences.

    Ding’s creative teahouse showcases her artistic vision through bamboo products, white tea caddies and canvas bags with ink-wash painted tea hills, capitalizing on Anji’s booming rural tourism. The slower pace there fuels her creativity, and Ding’s business now generates revenue of more than 100,000 yuan annually.

    China’s urban-rural development model preserves rural landscapes while injecting modern elements, addressing agricultural gaps to achieve shared prosperity. “Young people bring fresh perspectives and market savvy to identify new opportunities in rural revitalization,” said Xue Zelin, a senior fellow and secretary of the Communist Youth League Committee of Shanghai Academy of Social Sciences.

    To date, more than 12 million people have returned to or settled in rural areas to start businesses across China, according to Han Wenxiu, executive deputy director of the Office of the Central Committee for Financial and Economic Affairs, who noted that human capital is fundamental to rural revitalization, emphasizing the need to leverage the countryside’s abundant opportunities to attract talent while utilizing its pleasant and scenic living conditions to retain them.

    “Even deep in the mountains, if you settle in with commitment and perseverance, you’ll grow upward and see the promise of rural revitalization,” Zhao said. 

    MIL OSI China News

  • MIL-OSI Banking: New Development Bank, Bank of China and Haitong Unitrust Financial Leasing sign RMB 1.2 billion Syndicated Loan Agreement to Support Environmental Projects in China

    Source: New Development Bank

    The New Development Bank (NDB), Bank of China and Haitong Unitrust International Financial Leasing (HUIFL) have signed a syndicated loan agreement totalling RMB 1.2 billion to finance green leasing sub-projects that support China’s environmental goals and climate commitments.

    The signed loan agreement supports China’s transition toward a new growth model centred on low-carbon development, climate resilience, and environmental protection. Despite progress in recent years, environmental protection and climate change mitigation continue to be considered national priorities, and this Project aligns directly with that policy direction.

    Under the loan agreement, NDB will provide RMB 713.32 million, Bank of China will contribute RMB 500 million, and HUIFL will use the funds to acquire and lease equipment to lessees implementing sub-projects related to wastewater treatment, solid waste management, and metallurgical waste gas utilization for power generation. To promote balanced development, eligible sub-projects will be located outside China’s four Tier I cities, channelling investment into less-developed regions.

    This is the first time NDB mobilizes private capital in a syndicated operation, marking a significant evolution in the Bank’s development financing approach. Since the adoption of the Addis Ababa Action Agenda in 2015, multilateral development banks have increasingly prioritized the mobilisation of private capital to help bridge the significant financing gap required to achieve the 2030 Agenda. In line with this collective commitment, NDB is scaling up private capital mobilization, and this transaction represents a concrete step in implementing that strategy, positioning NDB as a project orchestrator within its member countries.

    Aligned with NDB’s General Strategy for 2022–2026, this operation reinforces New Development Bank’s commitment to financing sustainable development projects using local currency instruments, while strengthening domestic financial markets and fostering private sector participation.

    “NDB is proud to partner with Bank of China and Haitong Unitrust Financial Leasing to finance green sub-projects that promote sustainable development and support China’s environmental goals and climate commitments. This initiative addresses the need for climate resilience and environmental protection and contributes to increasing investment in less-developed regions in China,” said Mr. Vladimir Kazbekov, NDB Vice-President and Chief Operating Officer. “In helping to address the infrastructure financing gap, New Development Bank is playing a catalytic role in mobilizing resources from diversified funding sources, particularly from the private sector, in line with its General Strategy.”

    “The successful launch of this environmental protection syndicated loan represents not only a concrete initiative by Bank of China Shanghai Branch, NDB, and HUIFL to actively implement national strategies, but also an innovative collaboration among the three parties. Taking this opportunity, Bank of China Shanghai Branch will further leverage its global advantages and comprehensive strengths to provide more professional services to NDB and HUIFL, jointly injecting green and sustainable momentum into high-quality economic and social development,” said Mr. Xiao Wang, General Manager of Bank of China, Shanghai Branch.

    “Taking this cooperation as a starting point, Guotai Haitong Securities and HUIFL will leverage the group’s global resources and partner with NDB and Bank of China to proactively serve the national strategies, actively increase support to areas of environmental protection and energy efficiency and jointly address issues in green development,” said Mr. Yuxing Mao, Vice-President of Guotai Haitong Securities Company.

    Background Information

    New Development Bank

    NDB was established by Brazil, Russia, India, China and South Africa to mobilize resources for infrastructure and sustainable development projects in BRICS and other emerging market economies and developing countries, complementing the existing efforts of multilateral and regional financial institutions for global growth and development.

    For more information on NDB, please visit www.ndb.int

    Haitong Unitrust International Financial Leasing

    Established in 2004 and headquartered in Shanghai, HUIFL is a leading financial leasing company in China, with operations across sectors including advanced manufacturing, energy and environmental protection, construction, urban utilities and transportation & logistics. HUIFL is listed on the Hong Kong Stock Exchange and has a strong track record in green leasing. In March 2025, the indirect controlling shareholder of HUIFL was changed to Guotai Haitong Securities Company, and the actual controller was Shanghai International Group.

    For more information on HUIFL, please visit www.utfinancing.com

    Bank of China

    Bank of China was established in 1912 and is the oldest continuously operating state-owned commercial bank in China. In 2011, it became the first global systemically important bank from an emerging economy, with its international standing, competitiveness, and comprehensive strength ranking among the top tier of global banks. It operates branches across the Chinese mainland as well as in 64 countries and regions overseas.

    For more information on Bank of China, please visit https://www.boc.cn/

    MIL OSI Global Banks

  • MIL-OSI United Kingdom: Businesses invited to support fostering in their community

    Source: City of Derby

    Local businesses across Derbyshire and Nottinghamshire are being invited to play a vital role in shaping a brighter future for children and young people by supporting , a new regional fostering initiative.

    Foster for East Midlands Councils is a collaboration between Derby City, Derbyshire, Nottingham City and Nottinghamshire Councils. Launched in March 2024, it brings the four councils together for the first time to increase the number of local authority foster carers and strengthen support for those already fostering.

    As part of the campaign to engage the wider community, businesses are being encouraged to get involved by attending upcoming Business Breakfast Events. These informal networking sessions are designed to introduce organisations to fostering, offer insights from experienced foster carers, and provide practical steps for how businesses can help.

    Events are taking place on Thursday 19 June, 7.45am to 10am at Pride Park Stadium in Derby, and Wednesday 25 June, 7.45am to 10am at Notts County Football Club in Nottingham. Breakfast is complimentary and spaces are limited, so early booking is recommended. Visit the Foster for East Midlands Councils business support web page to book and find out more. 

    There are many additional ways businesses can support fostering in the community. This includes displaying posters or materials, sharing information on social media, including fostering updates in staff newsletters or intranet pages, hosting information events, offering promotional space or perks for foster families, and sponsoring local fostering initiatives.

    Businesses are also being invited to become fostering friendly employers by joining The Fostering Network’s recognised scheme. The scheme provides employers with the tools and guidance needed to support staff who foster and demonstrates a commitment to social responsibility. Foster for East Midlands Councils offers one-to-one guidance, sample policies, and ongoing support to help businesses adapt and submit their policy to the Fostering Network for approval. Once recognised, businesses can be celebrated publicly as Fostering Friendly.

    Foster for East Midlands Councils stresses that the involvement of the local business community is essential in building awareness, encouraging potential carers, and reinforcing a culture of support for children who need it most.

    Cllr Paul Hezelgrave, Lead Council’s Cabinet Member for Foster for East Midlands Councils said:

    Fostering doesn’t just transform a child’s life—it strengthens the entire community. By partnering with local businesses, we can inspire more people to step forward as carers and ensure every child grows up with stability, love and opportunities close to home.

    Any business interested in supporting fostering or attending an event can call 03033 132 950 or visit the how businesses can support fostering web page to book onto the events or make a general enquiry. The team welcomes all forms of partnership and is ready to help businesses find the right way to contribute.

    MIL OSI United Kingdom

  • MIL-OSI New Zealand: Crash, State Highway 10, Waipapa

    Source: New Zealand Police

    State Highway 10 is closed at the intersection with Waipapa West Road following a crash.

    The two-vehicle crash was reported just before 7pm.

    Two people have sustained serious injuries.

    Diversions are in place via Waipapa Road.

    Motorists are advised to avoid the area and expect delays.

    ENDS

    Issued by Police Media Centre

    MIL OSI New Zealand News

  • MIL-OSI: Bitget Wallet and Tether Discuss Stablecoin Adoption and Real-World Payments at Solana Summit 2025

    Source: GlobeNewswire (MIL-OSI)

    SAN SALVADOR, El Salvador, June 06, 2025 (GLOBE NEWSWIRE) — Bitget Wallet, the non-custodial crypto wallet with over 80 million users, took center stage at Solana Summit 2025, joining a panel on “Programmable Capital: The Future of Paying, Financing, and Spending Onchain” alongside speakers from Tether, Venta, and Ripe. The discussion explored how wallets, stablecoins, and DeFi infrastructure are transforming payments, credit, and financial access across global markets.

    Xavier Ow Yeong, Business Development Lead at Bitget Wallet Pay team, shared how the wallet is building infrastructure to make crypto spending as intuitive as fiat. He pointed to Bitget Wallet’s multi-pronged approach: supporting QR code payments with Solana Pay and national QR standards; expanding crypto card options in Asia and Europe; and enabling direct in-app purchases of hotel stays, gaming credits, and gift cards through thousands of merchant integrations — all within its full self-custodial wallet.

    “The future of crypto payments lies in familiarity and simplicity,” said Xavier. “By embedding stablecoins into everyday behaviors like QR scanning and card tapping, we eliminate barriers and unlock true utility for users — especially in mobile-first markets. When users can scan, tap, and spend without worrying about gas fees or chains, stablecoins begin to look like a real alternative to cash. And wallets are becoming the next primary interface for onboarding users into Web3 — not just for holding tokens, but for everyday financial activity.” Bitget Wallet also shared updates on its Scan to Pay roadmap, including its recent integration of Solana Pay for instant USDC payments and its upcoming support for national QR systems in Southeast Asia and Latin America, aimed at enabling seamless crypto-to-fiat spending across millions of merchants.

    The panel explored broader infrastructure trends enabling this shift, including the role of stablecoin adoption in cross-border finance and how decentralized credit models can serve digitally native businesses. Bitget Wallet emphasized that the wallet interface is central to making programmable capital usable. The team is focused on minimizing transaction friction through features like gas abstraction, real-time bridging, and integrated payment gateways. Beyond spending, the wallet is positioning itself as a commerce hub — where users can earn rewards, access credit tools, and interact with onchain services across networks.

    Find out more on Bitget Wallet’s official channels.

    About Bitget Wallet
    Bitget Wallet is a non-custodial crypto wallet designed to make crypto simple and secure for everyone. With over 80 million users, it brings together a full suite of crypto services, including swaps, market insights, staking, rewards, DApp exploration, and payment solutions. Supporting 130+ blockchains and millions of tokens, Bitget Wallet enables seamless multi-chain trading across hundreds of DEXs and cross-chain bridges. Backed by a $300+ million user protection fund, it ensures the highest level of security for users’ assets. Its vision is Crypto for Everyone — to make crypto simpler, safer, and part of everyday life for a billion people.

    For more information, visit: XTelegramInstagramYouTubeLinkedInTikTokDiscordFacebook

    For media inquiries, contact media.web3@bitget.com

    A photo accompanying this announcement is available at https://www.globenewswire.com/NewsRoom/AttachmentNg/ac3f8b2f-9ddb-45bf-b701-0241688a37bc

    The MIL Network

  • Centre holds workshop to prepare for International Yoga Day 2025

    Source: Government of India

    Source: Government of India (4)

    The Ministry of Ayush, in collaboration with the Ministry of Information and Broadcasting, held a virtual workshop on Thursday to coordinate preparations for the International Day of Yoga (IDY), scheduled for June 21. The session was attended by more than 400 officials from various ministries and departments, and focused on inter-agency coordination and public outreach.

    This year’s edition of the IDY is particularly significant as it marks a decade since the United Nations recognised yoga as a global practice in 2014 through a unanimous resolution. Following this, the first International Day of Yoga was celebrated on June 21, 2015.

    The theme for IDY 2025, “Yoga for One Earth, One Health,” aims to reinforce India’s message of holistic well-being and sustainable living.

    The workshop was chaired by Vaidya Rajesh Kotecha, Secretary of the Ministry of Ayush. He said the event had evolved into a national movement and emphasised the need for a whole-of-government approach to ensure widespread participation.

    Senior officials including C. Senthil Rajan, Joint Secretary in the Ministry of Information and Broadcasting, and Monalisa Dash, Joint Secretary in the Ministry of Ayush, addressed the gathering. Discussions included strategies for media integration and coordinated planning.

    Officials reviewed ongoing inter-ministerial efforts and discussed expanding outreach to rural, tribal, and urban areas using both digital and ground-level initiatives.

    With less than a month to go, the government is gearing up for what could be the most expansive edition of IDY yet, reaffirming yoga’s role in global public health and India’s leadership in preventive healthcar