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Global Times: Spring Festival customs highlighted in Xi’s inspection tours embody emphasis on culture inheritance, better life

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BEIJING, Jan. 27, 2025 /PRNewswire/ — Nestled in the picturesque mountains of Tengchong, Southwest China’s Yunnan Province, Simola Wa village is a 500-year-old settlement of the Wa ethnic group, seemingly untouched by the clamor of urban life.

Chinese President Xi Jinping paid a visit to the small village of some 300 population ahead of that year’s Spring Festival in January 2020, showing a keen interest in local festive traditions. At a village square, Xi beat a wooden Wa drum three times in accordance with local customs to wish for bumper harvest, peace, and prosperity, the Xinhua New Agency reported.

Simola, which translates to “a place of happiness” in the local dialect, truly lived up to its name for Li Fashun, a villager in his 40s. The day of Xi’s visit to his home became one of the happiest moments in his life.

On that warm winter day, Li and his family were busy preparing rice cakes, known as “da mi ba ba” in Chinese, a local delicacy meant to welcome guests and share with friends and family. Just as they were immersed in their culinary preparations, news arrived that Xi would be visiting their home, prompting Li to quickly rise and head to the door to greet him.

As Li’s wife Yang Caiqin recalled, Xi sit down with them in a warm and friendly manner, asking questions about their family’s situation. “From our parents’ healthcare to the kids’ education, President Xi shows great care for us,” Yang told the Global Times.

What made this encounter even more memorable to the Li family, was the moment when Xi joined them in making rice cakes. Li explained that, in Simola, these cakes are a traditional delicacy enjoyed during festivals, often adorned with auspicious Chinese characters such as fu (fortune), xi (happiness), and shou (longevity), to convey sincere blessings. That sunny afternoon, in Li’s sunlit courtyard, Xi used molds to craft two rice cakes, each beautifully stamped with the characters fu and xi.

“That day was as sweet as rice cakes,” Li said.

Enjoying the festive customs of the ethnic minorities with President Xi has since become the most cherished memory for local Wa people. Moreover, they were deeply inspired by Xi’s remarks during his visit there, which emphasized the determination to boost rural industries, as well as the rural economy, to “allow even more villagers to work near home, increase their income, and lead better lives.”

After achieving comprehensive poverty alleviation in 2019, the village has focused on developing a tourism industry that highlights its rich ethnic culture and local customs. They established a tourism cooperative, allowing the benefits to be shared among all villagers. The village welcomed over 400,000 visitors in 2023, and the average net income per person reached 22,000 yuan ($3,027) that year, having doubled since 2019, according to data from Tengchong government.

Li opened a restaurant in 2020, welcoming a flock of tourists to enjoy local cuisines and experience rice cake making. According to Li, the restaurant generates an annual income of 140,000 yuan to 150,000 yuan, providing them with improved living conditions and a happier life.

Li looks forward to the day when Xi will visit Simola again. “I hope to show him around the village to see all these wonderful developments happening here,” he told the Global Times.

Lacquerware: Culture in hands

Located in North China’s Shanxi Province, Pingyao is one of the best-preserved ancient walled cities in the country and a UNESCO world heritage site. Its rich and well preserved historical relics, along with its profound cultural heritage, draw countless tourists eager to explore its timeless charm.

In January 2022, just before the Spring Festival, President Xi embarked on an inspection tour of Shanxi, where he toured the ancient town. Xi visited the ancient architectural sites there, and shopped cooked beef and vinegar as festive purchases for his family. He also visited a lacquerware shop and demanded cultural treasures such as the traditional lacquering skill be better protected.

Lacquerware is an essential item for local people during traditional events such as weddings, and also serves as a decorative piece that enhances the festive atmosphere during the holidays. Gray stone pathways wind through the streets of Pingyao, and it is along one of these paths that Wang Huiming’s lacquerware store is located.

Wang vividly recalled the excitement he felt on that snowy day when Xi walked into his shop.

“President Xi asked me in detail about the craftsmanship, history, pricing, and marketing of lacquerware,” Wang told the Global Times. “The president also carefully looked at many of the lacquerware items in my store, ranging from jewelry boxes, chests of drawers, to exquisite artworks.”

At Pingyao, Xi called for increased efforts to conserve the country’s cultural heritage and protect “the valuable treasure left to us by our ancestors,” according to Xinhua.
Xi’s words resonated deeply with local intangible cultural heritage practitioners, including 51-year-old Wang, who has dedicated himself to mastering the art of Pingyao’s “push-light lacquerware” since he was 15, working for decades to pass down and promote this precious artistic tradition.

“We will continue to innovate while honoring and inheriting our traditions, breathing new life into our ancient cultural heritage in this modern era,” Wang told the Global Times.

For local officials in Pingyao, Xi’s remarks have also inspired them to diligently safeguard the invaluable heritage left by ancestors, and to foster a high-quality development of cultural tourism, so as to allow more visitors to better feel the appeal of this 2,800-year-old city.

In recent years, Pingyao government has made comprehensive efforts to promote the revitalization and sustainable use of this ancient city. Initiatives, such as the restoration of ancient architectural structures and infrastructure upgrades, have resulted in a flourishing cultural tourism economy. In 2024, Pingyao welcomed 10.12 million visits and generated ticket revenues of 134 million yuan, reflecting a growth rate of 11.72 percent comparing to 2023, according to data from the local cultural and tourism authority.

Reunion: Safe and pleasant trips

Chinese New Year’s Eve and Spring Festival are traditional festivals of the Chinese nation and days for families to reunite and ring in the Lunar New Year, Xi said in a video speech in January 2023, ahead of that year’s Spring Festival. “My biggest wish is that all of us will have a happy Lunar New Year,” he said.

As the Spring Festival approaches, train stations and airports across China are bustling with passengers carrying their luggage, eager to reunite with their families.
A cultural phenomenon with Chinese characteristics appears – Chunyun, or the Spring Festival Travel Rush. As a large-scale population migration rarely seen in the world, Chunyun carries countless wanderers’ longing for home and hope for reunion. It is not only a reflection of family affection and belonging in traditional Chinese culture, but also a mirror of social and economic development.

Whether passengers enjoy a safe and comfortable journey during Chunyun is something that Xi cares about very much. In January 2023, the president spoke with travelers and railway staff at Zhengzhou East Station via video link, and extended his festival greetings to them.

Xi asked the passengers if they were heading back home for family reunions or out traveling and reminded them of safety awareness during their trips. He urged efforts to ensure safe and sound trips for the people and smooth and orderly flows of essential supplies.

Behind the safe and sound trip are numerous hardworking transportation staff who stick to post during festivals.

Zhang Hua, for instance, has been working at Zhengzhou East Station for 12 years. On that day, she represented her colleagues in the video link briefing to Xi regarding their work during Chunyun. “At the end, I promise we will do our best to ensure travelers have safe and pleasant journeys,” Zhang recalled.

Zhang was excited about the experience of speaking with Xi, albeit virtually. “As a frontline passenger transport staffer, I feel greatly inspired, as well as a profound sense of responsibility and honor,” she told the Global Times. “President Xi’s remarks have motivated us to maintain high standards in our work, and wholeheartedly safeguard the travel experience for our passengers.”

As a key hub in China’s railway network, Zhengzhou East Station connects numerous major destinations across the country. This bustling station is expected to serve approximately 23.31 million passengers during the 40-day Chunyun this year, a 5.5 percent increase year-on-year.

The rolling wheels of luggage carts emit a crisp sound, like a warm welcome from home to travelers returning. Year after year, a moving picture of family love and hometown nostalgia is painted across China’s vast transportation network. For most Chinese people, family reunion is not only an essential Spring Festival custom, but also a simple yet beautiful hope deeply rooted in their hearts.

https://www.globaltimes.cn/page/202501/1327608.shtml

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SOURCE Global Times

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Chemours Announces Dates for Third Quarter 2026 Earnings Release and Webcast Conference Call

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WILMINGTON, Del., Oct. 21, 2026 /PRNewswire/ — The Chemours Company (“Chemours” or “the Company”) (NYSE: CC) today announced that the Company expects to issue its third quarter 2026 financial results after market on Monday, November 2, 2026.

The Company expects to hold its conference call to discuss its third quarter 2026 financial results at 8:00 a.m. Eastern Standard Time on Tuesday, November 3, 2026. The call is open to the public and can be accessed via the webcast information below. The webcast and materials can be accessed by visiting the “Events and Presentations” section of the Investor Relations section of Chemours’ website at investors.chemours.com.

Conference Call: Please visit investors.chemours.com for a link to the live webcast and to view the accompanying slides.

Replay: A webcast replay will be available at investors.chemours.com.

About The Chemours Company
The Chemours Company (NYSE: CC) is a global leader in providing industrial and specialty chemicals products for markets, including coatings, plastics, refrigeration and air conditioning, transportation, semiconductor and advanced electronics, general industrial, and oil and gas. Through our three businesses – Thermal & Specialized Solutions, Titanium Technologies, and Advanced Performance Materials – we deliver application expertise and chemistry-based innovations that solve customers’ biggest challenges. Our flagship products are sold under prominent brands such as Opteon™, Freon™, Ti-Pure™, Nafion™, Teflon™, Viton™, and Krytox™. Headquartered in Wilmington, Delaware and listed on the NYSE under the symbol CC, Chemours has approximately 5,700 employees and 28 manufacturing sites and serves approximately 2,400 customers in approximately 110 countries. For more information, visit chemours.com or follow us on LinkedIn. 

CONTACTS:

INVESTORS
Brandon Ontjes
Vice President, Head of Strategy & Investor Relations
+1.302.773.3300 
investor@chemours.com 

NEWS MEDIA
Cassie Olszewski
Media Relations & Reputation Leader
+1.302.219.7140
media@chemours.com  

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SOURCE The Chemours Company

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AGEDB Announces Preliminary Technical Evaluation of Graph Database and AI Data Platform Opportunities

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VANCOUVER, BC, Oct. 21, 2026 /CNW/ — AGEDB Technology Ltd. (TSXV: AGET) (“AGEDB” or the “Company”) announces that it is evaluating opportunities to re-engage in its historical graph database business area through preliminary architectural design and technical assessment of potential AI data platform applications, following its entry, on September 16, 2026, into a memorandum of understanding (the “MOU”) with a Korea-listed company exploring opportunities to enter the AI sector (the “Korean Company”).

The Company previously disclosed that it had discontinued its graph database management system operations during the year ended April 30, 2025 and was seeking new business opportunities. The Company is now assessing potential opportunities to leverage its existing Apache AGE-related technology and experience. These preliminary evaluations should not be interpreted as a resumption of full-scale development or commercial operations.

Under the MOU, AGEDB and the Korean Company contemplate evaluating an integrated package combining locally installed PostgreSQL and Apache AGE relationship-analysis database technology with an AI agent. The MOU also contemplates a separate “Personal AI Operating System” evaluation track, referred to as “AGE Brain,” for potential use in user-controlled computing environments. The proposed applications remain conceptual and subject to further technical and commercial assessment.

The contemplated preliminary work includes architectural design and technical evaluation of approaches to connecting relational data with graph-based relationships and supporting AI-assisted information retrieval and analysis. The parties may consider proof-of-concept testing and pilot activities, but no timeline or commitment to undertake such activities has been established under the MOU.

The MOU has a one-year term. Except for provisions expressly identified as binding, it is non-binding and does not require either party to complete development, launch or commercialize a product, make an investment, commit personnel, pay development fees, or enter into a definitive commercial agreement. Specific project scope, deliverables, schedules, responsibilities, costs and any commercialization terms remain subject to further discussions and, where applicable, separate written agreements. Each party will bear its own evaluation costs unless otherwise agreed in writing.

The Company’s evaluation remains preliminary. No product launch, commercial revenue or definitive commercialization arrangement has been agreed, and there can be no assurance that the parties will proceed with development, that the proposed platform will be completed or commercialized, or that the Company will obtain the resources required to advance the opportunity.

AGEDB may also explore potential collaborations with AI development companies in Korea and other markets, subject to available resources and further assessment.

AGEDB Technology Ltd.

On behalf of the board of directors,

“Jungsoo Kim”
CEO

About AGEDB Technology Ltd.

AGEDB Technology Ltd. is a technology company listed on the TSX Venture Exchange under the symbol “AGET.” The Company is focused on developing and pursuing opportunities in data intelligence, graph database technology and applied artificial intelligence.

Forward-Looking Information

This news release contains forward-looking information, including statements regarding the Company’s development activities, the proposed AI data platform, potential proof-of-concept and pilot activities, and possible future collaborations and commercialization. Forward-looking information is based on management’s current expectations and assumptions and is subject to risks and uncertainties that could cause actual results to differ materially. The memorandum of understanding is generally non-binding, and there can be no assurance that the parties will proceed with or complete any development, pilot, product launch or commercial arrangement, or that AGEDB will enter into additional collaborations. Readers are cautioned not to place undue reliance on forward-looking information. AGEDB undertakes no obligation to update such information except as required by applicable securities laws.

SOURCE AGEDB Technology Ltd.

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Bose Corporation Acquires Skullcandy, Expanding Its Consumer Audio Portfolio to Reach New Audiences

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Acquisition follows a successful partnership between the two companies and advances Bose’s evolution into a multi-brand products and technology company

FRAMINGHAM, Mass. and PARK CITY, Utah, Oct. 21, 2026 /PRNewswire/ — Bose Corporation, a global leader in audio innovation and research, announced today it has acquired Skullcandy, a lifestyle audio brand known for its bold products that bring together sound, style and performance. Bose and Skullcandy have each spent decades finding new ways to bring people closer to the music they love. Together, they’ll combine Bose’s audio expertise, technology and global reach with Skullcandy’s design, understanding of its consumers and authentic community connections to create new products and experiences and accelerate growth.

The acquisition follows a multi-year partnership that has already brought Sound by Bose technology to Skullcandy earbuds and headphones. The companies have seen firsthand how their strengths can come together to create products consumers love while staying true to what makes Skullcandy special, providing a foundation to accelerate further collaboration and innovation.

With a strong position at the intersection of audio, lifestyle and culture, Skullcandy will remain a separate brand within Bose’s Premium Consumer Audio business. Skullcandy’s deep roots in boardsports, including longstanding relationships with passionate supporters of the culture and its athletes, and authentic connections across music, gaming, fitness and other communities present new ways for Bose to meaningfully connect with consumers where it has less presence today.

“For more than 60 years, Bose has been committed to delivering incredible audio experiences however and wherever people choose to listen. As we work to reach even more people, we’re expanding how we do that, not only through Bose products, but through technology partnerships and a growing portfolio of brands,” said Lila Snyder, Chief Executive Officer of Bose Corporation. “As a privately held company, we have the freedom to make bold, long-term investments in opportunities we believe in, and Skullcandy is a great example of that. They have an established, thriving brand, and together we see tremendous opportunity to create new products and experiences and reach more consumers around the world.”

“We believe this is a win for Skullcandy and our fans,” said Brian Garofalow, Chief Executive Officer of Skullcandy. “Skullcandy was born on a chairlift in Park City, Utah, over 20 years ago, and we’ve always believed great music should be part of the experiences people love. Joining Bose gives us the opportunity to make those experiences even better by bringing more of their audio expertise and technology to our products, and it opens up even more ways to take Skullcandy further.”

Bose plans to invest in Skullcandy’s continued growth, providing greater access to technology, resources, global distribution and commercial relationships while giving the brand the freedom to continue evolving in ways that are authentic to its identity and consumers. Skullcandy will continue to be based in Park City, Utah.

Bose acquired Skullcandy from a fund managed by Mill Road Capital Management LLC, a Connecticut-based private investment firm. Jones Day acted as Bose’s legal counsel. Additional information, including financial and other terms of the transaction, will remain confidential.

About Bose Corporation
Bose Corporation is a global leader in audio innovation, driven by a singular belief: sound has the power to transform the way people connect with the world. For more than 60 years, Bose has combined pioneering research, engineering excellence, and a deep understanding of human perception to create products and technologies that deliver extraordinary experiences. Through its portfolio of iconic brands, including Bose, McIntosh, Sonus faber, and Skullcandy, the company offers premium and luxury audio solutions for the home, on the go, and in the car. Bose also collaborates with leading companies across industries, extending its audio expertise and technologies into new products, platforms, and applications beyond its own brands. 

Guided by a relentless spirit of innovation and a passion for what sound makes possible, Bose continues to advance the science and art of sound while expanding its impact on everyday life. From music and entertainment to communication, wellness, and emerging applications, Bose is creating new ways for people around the world to feel more connected, inspired, and engaged through the power of sound.

About Skullcandy
Founded in 2003 on a chairlift in Park City, Utah, Skullcandy is the original lifestyle audio brand. With deep roots in action sports culture, Skullcandy creates headphones, earbuds, and speakers that deliver powerful sound, bold style, and immersive experiences. Designed to move with you—from the mountains to the streets—Skullcandy gear is built to perform and made to stand out. Learn more at www.Skullcandy.com.

Contact

Joanne Berthaume
Joanne_berthaume@bose.com

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SOURCE Bose Corporation

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