KUNMING, China, May 6, 2026 /PRNewswire/ — As a key energy hub in Southwest China, Yunnan Power Grid Co., Ltd. (Yunnan Power Grid) is tasked with large-scale clean energy transmission and smart grid development. However, the region’s complex terrain and long transmission lines have made this transformation challenging, rendering the digital and intelligent upgrade increasingly urgent. The explosion of production data and the rise of complex service scenarios further amplify this urgency, imposing ever-stricter requirements on the underlying communication bearer network.

Network Transport Challenges in the Digital and Intelligent Transformation of the Power Industry
To tackle these issues, Yunnan Power Grid has chosen SPN to drive the evolution of its next-gen bearer network, incorporating it into both the 14th and 15th Five-Year Plans. The company has progressively rolled out the technology on a large scale across 16 cities, laying a communication foundation for the next two decades. In this strategic upgrade of electric power services, Huawei has emerged as a key partner.

Dual Dividends: Ultimate Experience and Long-Term Value
Since the pilot in 2022, SPN has evolved from a technical trial to a standard architecture across Yunnan Province. With SPN now being deployed in Zhaotong and Pu’er, the full value of the next-gen bearer network is being unleashed.

First, the bandwidth bottleneck has been resolved. The next-gen SPN bearer network resolves bandwidth bottlenecks by breaking the 155 Mbit/s–10 Gbit/s capacity limit. SPN devices boost access layer (substations, power stations, customer centers) bandwidth to 1 Gbit/s, meeting China Southern Power Grid standards. Aggregation and core layers scale up to 50 Gbit/s or 100 Gbit/s based on site and service size. The solution enables 10 Mbit/s fine-granularity hard pipes for end-to-end isolation of power private lines, supporting high-bandwidth services like transmission video surveillance and ensuring smooth evolution.

Second, the bandwidth upgrade has significantly improved inspection and maintenance efficiency. Huawei’s SPN solution enables real-time SLA monitoring (latency, packet loss) and fault localization within minutes, cutting maintenance costs linked to SDH equipment failures. At Qujing Power Supply Bureau, single inspection time dropped from 30 to 3 minutes, and full-cycle maintenance from over 7 hours to 21 minutes. The O&M center now detects major defects 15 days earlier via preset monitoring points. Over six months, site visits fell from 112 to 61—a 45.54% reduction.

Third, the intelligence level of service transport has been greatly improved. Huawei’s SPN solution supports diverse electric power services—from latency-sensitive teleprotection and dispatching to high-traffic video—with reliable transmission. Using FlexE hard and soft slicing, it ensures rigid isolation between services while enhancing bandwidth reuse. IPv4/IPv6 dual stack enables flexible local forwarding and easy IoT access, such as transmission line monitoring and source-grid-load-storage integration.

Finally, SPN provides long-term investment protection. The evolution to 25 Gbit/s to 400 Gbit/s rates can be supported through low-cost upgrades, avoiding repeated construction.

For detailed solutions, please visit our official website:
https://e.huawei.com/en/case-studies/industries/grid/202604-yunnan-power-grid-spn 

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New Report from Global Fashion Agenda and Boston Consulting Group Explains How CFOs Can Better Manage Sustainability-Driven Costs, Risks, and Opportunities

BOSTON, May 6, 2026 /PRNewswire/ — Climate-related disruptions are increasing costs across the fashion industry, contributing to price spikes of up to two times for key raw materials like cotton and wool. Emerging legislative frameworks such as textile extended producer responsibility could reduce net profits for large mass fashion players by roughly 4% by 2030. There are also economic upsides to sustainability: roughly 70% of fashion-sector GHG emissions can be reduced at a low cost or with cost savings.

Even as sustainability’s impact on fashion economics grows, mentions of sustainability in fashion earnings calls have fallen by roughly one third since 2022, while AI, earnings volatility, and trade-related topics are on the rise.

With sustainability becoming more closely tied to financial performance, it is emerging as a core financial discipline. Fashion industry CFOs are well positioned to lead this shift.

A report released today at the Global Fashion Summit from Global Fashion Agenda and Boston Consulting Group (BCG), titled Fashion CFO Agenda 2026: Building Financial Resilience Through Sustainability, shows how CFOs can use sustainability to better manage costs, risks, and long-term performance. The report is grounded in deep engagement with more than 30 CFOs and senior executives, and backed by an analysis of over 150 fashion brands.

Sustainability-Related Costs and Risks Are Rising, but So Are Opportunities

Incorporating sustainability into day-to-day financial control, annual financial planning and long-term deployment of strategic capital allocation can add unique value to a business, ensuring that initiatives deliver social and environmental benefits without needlessly sacrificing financial performance.Sustainability is also driving topline growth. Companies highlighted as case studies in the report are registering reduced costs and increased turnover through efficient investments in sustainability initiatives.Interviewed CFOs also pointed to broader benefits, including more efficient operations, driven by the improved transparency and oversight that sustainability requires, as well as stronger brand equity, and higher employee engagement.

CFOs Take on a More Central Role

To minimise costs and maximise value creation, CFOs and the broader finance function must embed sustainability into financial decision-making.

While most interviewed CFOs rated sustainability as “very important” or “critical” to company strategy, few reported that it is fully integrated across their organisation or reflected in financial metrics. However, CFOs who embed sustainability into day-to-day financial control, planning, and capital allocation are best positioned to manage sustainability-related costs and risks, while capturing long-term value. They should work closely with CSOs and other stakeholders, both internally and externally, to align and build capacity.

“Fashion leaders are juggling competing pressures, but sustainability is already reshaping industry economics,” said Catharina Martinez-Pardo, BCG managing director and partner, and coauthor of the report. “When budgets are tight, CFOs play a key role in prioritising investments, backing initiatives that deliver financial returns and sustainability impact.”

“Amid growing volatility, sustainability is no longer a peripheral concern but a defining force shaping the economics of our industry,” said Federica Marchionni, CEO of Global Fashion Agenda. “As we gather at Global Fashion Summit under the theme ‘Building Resilient Futures,’ this report underscores that resilience in fashion now depends on embedding sustainability into core financial decision-making, building on the priorities set out in GFA’s Fashion CEO Agenda. CFOs have a pivotal role to play in translating these ambitions into disciplined investments, risk management, and long-term value creation.”

Media Contacts:
BCG: gregoire.eric@bcg.com
GFA: press@globalfashionagenda.org

About Global Fashion Agenda
Global Fashion Agenda is a non-profit organisation accelerating fashion’s transformation to a net positive industry. It drives impact by mobilising, inspiring, and influencing thousands of stakeholders across the fashion ecosystem. Since 2009, GFA has been at the forefront of the global sustainability movement in fashion. It brings together leaders at the Global Fashion Summit, advances policy through advocacy and publications, and produces influential thought leadership, including The GFA Monitor, Fashion CEO Agenda, and the Fashion Impact Toolkit. GFA translates insight into action through programmes such as the Global Circular Fashion Forum in key manufacturing regions, delivers accessible educational resources to guide sustainable practices, and helps to scale innovation by connecting companies with solution providers via the Innovation Forum. Partnering with a broad ecosystem of organisations across the value chain, GFA spearheads the fashion industry’s transition to a more sustainable, circular, and responsible future.

About Boston Consulting Group
Boston Consulting Group partners with leaders in business and society to tackle their most important challenges and capture their greatest opportunities. BCG was the pioneer in business strategy when it was founded in 1963. Today, we work closely with clients to embrace a transformational approach aimed at benefiting all stakeholders—empowering organizations to grow, build sustainable competitive advantage, and drive positive societal impact.

Our diverse, global teams bring deep industry and functional expertise and a range of perspectives that question the status quo and spark change. BCG delivers solutions through leading-edge management consulting, technology and design, and corporate and digital ventures. We work in a uniquely collaborative model across the firm and throughout all levels of the client organization, fueled by the goal of helping our clients thrive and enabling them to make the world a better place.

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SOURCE Boston Consulting Group (BCG)

Singapore-based startup combines 1:1 mentoring with AI to build personalized psychological profiles for each child

MANILA, Philippines, May 5, 2026 /PRNewswire/ — TeenCare, a Singapore edtech company, is redefining how modern parents connect with their children. Rather than relying on generic parenting books or expensive courses, TeenCare equips families with a personalized behavioral model of their own child — a living, evolving map of what makes each teenager tick.

Think of it as a private weather forecast for your child’s inner world. When parents know a teen craves autonomy, they learn to ask the right questions instead of issuing commands during tense moments. When they discover that recognizing effort — even before results are perfect — can brighten a child’s entire day, they gain a precise script for encouragement that replaces nagging and yelling.

TeenCare delivers this insight through two core pillars. Dedicated 1:1 Mentors meet with each teen monthly, serving as trusted confidants who hear the stories and emotions adolescents often cannot share with parents — producing the richest qualitative data from a teenager’s inner world. Meanwhile, TeenCare AI analyzes every interaction, from the words a teen chooses to the attitudes they display, and continuously updates a dynamic “Psychological Map” that evolves week by week.

The resulting model tells parents what their child is worried about, why they have gone silent, and — most critically — what to say or do right now. All recommendations are grounded in real data about the individual child, enabling parents to pause, reflect, and respond thoughtfully rather than react on instinct.

The approach has attracted international recognition. TeenCare is a member of the MIT Solve community for social-impact innovation, an EMPower partner advancing youth development across Asia, and a participant in the UNDP–CIIP SDG Venture Scaler programme supporting growth-stage enterprises in education and healthcare across Southeast Asia.

“Don’t study child psychology in general — study the child living under your roof.” That conviction drives everything TeenCare builds, offering families worldwide a smarter, more compassionate way to raise the next generation.

About TeenCare

TeenCare is a Singapore-based edtech company on a mission to help parents deeply understand and guide their teenagers. Through 1:1 human mentoring and proprietary AI-driven behavioral analysis, TeenCare creates personalized psychological profiles that empower families with actionable, real-time parenting insights. Recognized by MIT Solve, EMPower, and the UNDP–CIIP SDG Venture Scaler, TeenCare has operated globally since its founding. For more information, visit www.teencare.ph.

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SOURCE TeenCare