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Journey Towards Sustainability: Trip.com Group Highlights ESG Progress & Key Actions in Latest Report

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Four-pillar ESG framework (community, family, environment, stakeholders) reaffirmedCompany-sponsored childcare subsidy benefits over 500 employeesTrip.Biz secures EcoVadis sustainability silver rating, surpassing 85% of global corporations participating in the same rating system

SINGAPORE, Aug. 29, 2024 /PRNewswire/ — Trip.com Group has published its annual Environmental, Social and Governance (ESG) report, outlining its actions to ensure progress towards a more sustainable future for the travel industry and creating positive long-term social impact.

Organised around its four key areas of focus (community, family, environment, stakeholder), the Group’s 5th ESG report reflects its activities over the last reporting period in alignment with the UN Sustainable Development Goals (UN SDGs), and reaffirms the priorities of its ESG framework.

 

Community Friendly

Trip.com Group’s community-friendly objectives aim to support rural prosperity and ensure traveller safety, including through partnerships with local communities and organisations. The Group’s key areas of focus include improving local employment opportunities, contributing to public welfare in key villages, empowering tourist villages at scale, and providing training for rural tourism professionals. The Group carries out these initiatives with a view to supporting the realisation of the United Nations 2030 Sustainable Development Goals, including goals such as ending poverty (SDG1) and promoting sustainable economic growth and decent work (SDG8).

With the goal of fostering local social and economic development, the Group continues to make mindful and active investments in the community, including through its engagement of nearly 100% of local suppliers for its Trip.com Country Retreat in China. The Group further seeks to ensure that the benefits generated by this economic activity contribute to the local community, including through the creation of 20,000 indirect jobs, and giving priority to the engagement of local talent.

Furthermore, Trip.com Group’s global travel SOS Service, which helps ensure global travel safety, has extended its coverage to over 440 million passengers, handling more than 20,000 requests, and achieving a resolution success rate of 98%.

Family Friendly 

Trip.com Group continues to work towards establishing itself as a leading family-friendly travel company, including through key initiatives aimed at supporting working parents. The company is committed to creating a diverse and inclusive workspace through comprehensive and equitable employee welfare policies, designed to offer equal promotional and development opportunities for all, with an emphasis on empowering women.

The Group seeks to minimise the challenges faced by employees in balancing their professional and family lives, including by enhancing workplace benefits and creating a family-friendly environment. It also aims to implement a sound management system for a healthy working environment, in line with global standards.

In recent years, the Group has focused on promoting employee wellness through a hybrid work model, which has been implemented across 117 offices in 39 countries. The initiative has saved an estimated total of 900,000 hours of commuting time, and benefited 60% of families with children.

Trip.com Group takes pride in its strides towards gender diversity, equity, and inclusivity, as evidenced by its latest updates: Women comprise 57.5% of the workforce, accounting for 61.4% of entry-level roles, 43.5% of middle management positions, and 32.5% of senior roles. Over 60% of recently promoted senior managers were women with children.

Additionally, the company has successfully made its company-sponsored childcare subsidy available to 541 employees, with nearly 100% of female employees returning to work post-maternity leave.

Environmentally Focused 

Trip.com Group recognises the essential link between nature and people, which is at the heart of the travel experience. The Group firmly believes that it is a shared responsibility of the industry to protect the environment and strives to reduce its carbon footprint by offering global travellers lower-emission travel options.

In line with this objective, Trip.com Group joined the Science Based Target initiative (SBTi) and aims to achieve carbon neutrality by 2050. Additionally, the Group also aims to introduce over 10,000 lower-carbon travel products, targeting 100 million travellers to consider adopting lower-carbon travel practices. These targets seek to elevate environmental consciousness among customers and employees.

As of 2023, progress includes providing additional lower-carbon travel products for consumers to choose from, such as flights with lower emissions and electric cars (more details can be found in our 2023 ESG report). Carbon data also covers 96% of flights, 56% of rental car services for leisure travel products, and 98% of transportation services for business travel products. Overall, Trip.com Group has provided over 72 million travellers with access to lower-emission travel alternatives.

Furthermore, Trip.com Group’s corporate travel division, Trip.Biz, achieved recognition by securing the EcoVadis Sustainability Silver rating, surpassing 85% of companies participating in the same rating system. Trip.Biz launched its carbon management products, allowing corporate clients to allocate carbon budget quotas for different departments. This reflects its dedication to allow for more business travellers to have greater options to travel more sustainably.

Stakeholder Friendly 

Trip.com Group remains dedicated to upholding transparent corporate governance, including through its engagement with stakeholders to ensure customer privacy and information security, while also promoting the adoption of greener options across the supply chain.

The Group actively encourages and supports suppliers in steering efforts towards more sustainable practices. It has also taken measures to ensure adherence to these principles in all aspects of its operations, including through the establishment of an ESG risk management committee in the last reporting year. It has also taken care to ensure company-wide awareness and compliance, including through security and privacy training, completed by 100% of employees, and averaging nearly 39 hours per person.

Through its ESG strategy, the Group aims to continue to deliver key actions, with a focus on adding value and enhancing the travel industry for all.

“Trip.com Group affirms its commitment to sustainable development through our ESG strategy, which prioritises the environment, communities, families and stakeholders, as well as our goal of achieving carbon neutrality by 2050,” said Trip.com Group CEO Jane Sun. “In line with our mission to enable millions of travellers to pursue the perfect trip for a better world, we remain focused on promoting sustainable tourism and providing a worry-free travel experience.”

“We are proud to collaborate with customers and partners to address the environmental, social and governance challenges of today, and we look forward to creating a future of shared growth together.”

For more information on Trip.com Group’s ESG report, please visit: https://investors.trip.com/about-the-company/esg/ 

About Trip.com Group

Trip.com Group is a leading global travel service provider comprising of Trip.com, Ctrip, Skyscanner, and Qunar. Across its platforms, Trip.com Group helps travellers around the world make informed and cost-effective bookings for travel products and services and enables partners to connect their offerings with users through the aggregation of comprehensive travel-related content and resources, and an advanced transaction platform consisting of apps, websites and 24/7 customer service centres. Founded in 1999 and listed on NASDAQ in 2003 and HKEX in 2021, Trip.com Group has become one of the best-known travel groups in the world, with the mission “to pursue the perfect trip for a better world”. Find out more about Trip.com Group here: group.trip.com.

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SOURCE Trip.com Group

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Manufacturing Category at 139th Canton Fair Presents Smarter, Lighter and More Connected Solutions

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GUANGZHOU, China, April 24, 2026 /PRNewswire/ — At the 139th Canton Fair, Manufacturing category presented a clear view of how industrial equipment is evolving to address efficiency, labor shortages, and sustainability goals. Across power equipment, machinery, automation systems, and industrial robots, exhibitors pointed to a common direction: smarter operation, stronger engineering performance, and deeper integration with digital manufacturing systems.

Industrial equipment is advancing towards intelligence with products emphasizing built-in sensing and automatic adjustment to enhance reliability and efficiency. Silent inverter generators, for example, can detect operating conditions and ambient temperature to regulate cooling for better fuel use and stability. Pumps and cleaning equipment with variable-frequency drives and integrated protection systems follow the same approach, prioritizing smooth operation, longer service life, and consistent output.

Lightweight, high-performance design has also become a priority across categories. Advances in materials and structural engineering are enabling major weight reductions without compromising power or durability. Aluminum-extrusion housings in three-phase asynchronous motors cut weight by up to 40% while improving heat dissipation and installation efficiency. Lightweight permanent-magnet submersible pumps delivered stronger flow stability despite smaller size and reduced weight.

AI-based visual inspection and quality control are also becoming essential. AI-powered optical inspection stations demonstrated full-process, high-speed inspection without relying on manual sampling. By turning experience-based judgment into standardized, repeatable rules, these systems help manufacturers improve scalability and consistency.

Industrial robots are taking on more active roles as well. Security patrol robot dogs and inspection robots are moving beyond monitoring to direct intervention, such as carrying fire-suppression modules for emergency response. This shift marks a broader move from passive observation to active execution in high-risk or labor-intensive environments.

Finally, more industrial devices are being designed as system nodes rather than standalone machines. Intelligent industrial gateways that combine data collection, protocol conversion, edge computing, and secure transmission show how equipment value increasingly depends on its ability to connect with enterprise-level digital systems.

The 139th Canton Fair vividly showcased the accelerated shift of industrial equipment toward intelligent and system-level development.

For pre-registration, please click: https://buyer.cantonfair.org.cn/register/buyer/email?source_type=16

 

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SOURCE Canton Fair

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Zhejiang unicorn ranks grow to 58 as Hangzhou tightens lead, top ranking shows

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Province adds three unicorns, expands high-growth pipeline
Hangzhou accounts for 83% as new entrants and startups scale up

HANGZHOU, China, April 24, 2026 /PRNewswire/ — Zhejiang’s roster of unicorn companies has expanded to 58 as of April 2026, highlighting the province’s growing role as a hub for emerging technologies and industrial upgrading.

The latest rankings, released at the 10th All Blossom Conference in Hangzhou on April 23, show companies spread across seven cities, including Hangzhou, Ningbo, Jiaxing, Jinhua, Shaoxing, Taizhou and Wenzhou.

While Hangzhou, Ningbo and Jiaxing remain the top three hubs, the broader distribution points to a more geographically balanced innovation landscape. The province’s unicorn count rose by three from a year earlier.

Hangzhou continues to dominate the landscape, home to 48 of Zhejiang’s unicorns, up from 44 last year—when it already accounted for roughly four out of every five such startups.

The annual rankings also include tiered lists of “future unicorns,” valued between $100 million and $1 billion, and early-stage “seed unicorns” worth $10 million to $100 million.

Together, they map a full pipeline of high-growth companies across sectors such as artificial intelligence, embodied intelligence, life sciences, new energy, semiconductors, advanced manufacturing and aerospace, and have become a key barometer of Zhejiang’s startup ecosystem.

Among the top 100 future unicorns, integrated circuits lead with 22 companies, followed by artificial intelligence and life sciences with 19 each. Advanced manufacturing accounts for 16 firms, new energy and materials 15, and next-generation information technology nine.

In the seed unicorn category, new energy and life sciences each count 22 companies, ahead of advanced manufacturing with 19, while AI, next-generation IT and semiconductors each have 11 firms, and aerospace-related companies total four.

Against that provincial backdrop, Hangzhou remains the clear center of gravity—continuing to generate both the largest share of unicorns and the deepest pipeline of emerging startups.

The city added eight companies to its unicorn ranks on April 23, bringing the total to 48, according to the same conference ranking.

The new entrants—Hailiang Technology Services, Geener Microelectronics, Spirit AI, Geespace, Sunrise, Seepin, DEEP Robotics and Simplexity Robotics—span sectors from semiconductors and robotics to commercial aerospace.

As of April, Hangzhou accounted for 83% of Zhejiang’s unicorns, up from 80% a year earlier, underscoring its outsized role in the province’s innovation economy.

The conference also released a list of 413 quasi-unicorns—companies typically valued between $100 million and $1 billion—including 50 new additions.

Several firms, such as Diagens Biotechnology, Manycore Tech, Mirxes, Promisemed, Saint Bella, Tide Pharmaceutical, Tongshifu and ISV, exited the list after scaling into unicorn status or completing initial public offerings.

Quasi-unicorns are concentrated in sectors aligned with Hangzhou’s broader “296X” industrial strategy. Life sciences lead with 118 firms, followed by next-generation information technology with 78 and AI and embodied intelligence with 50—together accounting for about 60% of the total.

The “296X” is an industrial cluster blueprint the city introduced in October 2025 in an effort to speed up the integration of technological and industrial innovation.

More than half of both unicorns and quasi-unicorns—255 companies—are classified as nationally recognized “specialized and refined” enterprises, including 20 unicorns and 235 quasi-unicorns, reflecting a structured pipeline of high-growth firms.

Since 2018, Hangzhou’s unicorn count has risen from 26 to 48, while quasi-unicorns have expanded from 105 to 413, underscoring sustained growth in its innovation-driven economy.

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SOURCE All Blossom Conference

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KUN Unveils AI Intelligent Strategy at Money20/20 Asia: Reconstructing Global Commercial Efficiency with “1-1-4-6” Layout

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BANGKOK, April 24, 2026 /PRNewswire/ — At the prestigious Money20/20 Asia held at QSNCC, KUN showcased its upgraded brand identity and launched the “1-1-4-6” Intelligent Strategic Blueprint. This milestone marks KUN’s comprehensive transition toward a globalized, full-stack, and intelligent ecosystem.

Dr. Louis Liu, Founder & Group CEO of KUN, stated at the launch: “While the convergence of Web2 and Web3 defines the current era, we believe the embedded ecosystem synergy of AI and Web3 is the inevitable future of commerce. Our evolution is an intelligent reconstruction of commercial efficiency. By leveraging decades of vertical payment expertise, we provide enterprise clients with full-stack, end-to-end payment and financial solutions. Through digital orchestration and operations, we deliver secure, compliant, and high-velocity transaction safeguards to empower global business growth.”

Money20/20 Roundtable: Compliance as the “Scaling Layer” for Institutional Adoption

At the “Bridging TradFi and DeFi” roundtable, Dr. Liu shared three key insights on the future of cross-border finance:

Asia as the Hub for Real-World Stablecoin Settlement: Asia has emerged as a critical hub for cross-border trade flows and stablecoin settlement, connecting high-growth emerging markets. Currently, 60% of the world’s on-chain stablecoin trade volume is centered in Asia, making it a primary corridor for capital flows between Asia, LATAM, Africa, and the Middle East.

Compliance as the “Scaling Layer”: The bottleneck for scaling digital payments is not technology or licensing, but the ability to embed jurisdictional compliance frameworks into business logic. Integrating AML and risk controls directly into the payment flow is the prerequisite for the explosion of global institutional applications.

Accelerating AI and Web3 Ecosystem Convergence: As AI agents increasingly enter commercial decision-making, payments are shifting from human-controlled to autonomous. Blockchain and stablecoins will serve as the default infrastructure for Agent-to-Agent (A2A) transactions.

Exhibition Interaction: From Platform Governance to Vertical Efficiency

At the main exhibition area, KUN demonstrated its dual-brand synergy through a new visual identity:

KUN: Positioned as the Trusted Vertical Digital Payments Platform for Real Economy, providing one-stop digital payments and scenario-based on-chain financial solutions.

YeeZ: A KUN Group brand specializing in 2B2C Global Corporate Card Issuance for global enterprises.

The “1-1-4-6” Strategic Blueprint: Driving Global Growth

KUN decoded its “1-1-4-6” strategy—an AI-powered blueprint designed for seamless asset mobility. The ecosystem integrates KUN Space™ (the digital payments & financial services platform) with KUN Nexus™ (the AI-orchestrated liquidity network). Driven by four core engines—KUN | Pay, KUN | Cards, KUN | Money, and KUN | Agent—the strategy empowers liquidity for six vertical sectors: Bulk Commodity, General Trade, B2B Cross-border E-Commerce, Service Trade, Web3 Ecosystems, and AI Applications.

Future Vision: The Era of “Driverless” Intelligent Payments

The launch highlighted KUN | Agent as the pioneer of the “driverless” era of intelligent global payments.

KUNClaw.AI: Orchestrates autonomous financial workflows to drive intelligent cost reduction and efficiency.

AI Agent Wallet: Features programmable KYC and authorization fences to ensure secure, compliant execution where “decision is payment”.

Seamless Network, Borderless Payments.

KUN remains dedicated to serving as the engine for the real economy, providing secure, compliant, and efficient one-stop cross-border payment solutions in an uncertain global environment.

About KUN

KUN is an innovative financial infrastructure company centered on digital payments and embedded finance. Built on a globally distributed licensing framework and a robust compliance and risk-management system, KUN connects Asia with high-growth emerging markets across Africa, Latin America, and the Middle East.

Positioned as a trusted vertical digital payments platform for real economies, the company operates across four core pillars—Cross-Border Digital Payments, On-Chain Finance, Card Issuing, and AI Agentic Payments. By integrating artificial intelligence and blockchain technologies, KUN delivers secure, compliant, and efficient one-stop payment and transaction services for enterprise clients across industries including commodity trade, B2B cross-border e-commerce, service trade, Web3 ecosystems, and AI applications.

Through this integrated infrastructure, KUN serves as a growth engine enabling enterprises to expand globally with speed, trust, and financial connectivity.

Learn more about KUN → www.kun.global

Contact: KUN: brandmkt@kun.global  

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SOURCE KUN

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