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Yuewen CEO Hou Xiaonan Highlights Global IP Vision as China’s Television Industry Accelerates Internationalization at ATF

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SINGAPORE, Dec. 3, 2024 /PRNewswire/ — Representing China’s culture and entertainment industry, Hou Xiaonan, CEO and President of Yuewen and Vice President of Tencent’s Platform and Content Group, highlighted the explosive growth of Chinese film and television dramas in overseas markets. According to AMPD, in the first half of 2024, the viewership of Chinese content in Video On Demand (VOD) platforms in Southeast Asia surpassed that of American dramas, making it the second-largest category of entertainment content for local audiences. Additionally, on freemium platforms, Chinese content has experienced rapid growth, accounting for 40% of viewership and significantly outpacing South Korean dramas.

The backdrop for these revelations was the Asia TV Forum & Market (ATF), a vibrant hub where industry leaders converge to analyze trends, share insights, and chart the future of media and entertainment (M&E). It was here that Hou Xiaonan engaged in a significant dialogue with Orina Zhao, Research Manager at Ampere Analysis, on the theme of “The Changing Landscape of China’s M&E Industry.” He articulated how Yuewen is a formidable force driving this trend and revealed the multifaceted strategies that underscore Yuewen’s rising prominence on the global stage.

Differentiated Content Operation Model from Hollywood & Value Proposition in China’s M&E Industry

In contrast to Hollywood’s traditional, offline-oriented film and television model, Yuewen operates within a digital-first framework. This comprehensive ecosystem includes online literature, comics, animation, audiobooks, film and television, games, and merchandise, creating a robust digital entertainment industry cluster.

“Online literature and comics serve as the cornerstone and origin of our IPs,” Hou explained. “Our animation, film and television sectors transform these narratives into visual representations, while the combination of games, derivatives, and collectible cards acts as the linchpin of the commercialization process, enhancing the overall value of our IPs.”

Hou emphasized that Yuewen embodies two intertwined values within the M&E industry: being a prolific content producer and a full-chain IP value creator.

With a vibrant community of over 10 million online writers and more than 16 million literary works, Yuewen continuously generates and identifies high-quality content based on user feedback, which is essential for successful IP adaptation. In 2024, four out of the top five most-viewed online drama series in China were produced by Yuewen or adapted from its IPs.

Internationally, the company’s films and IP-adapted dramas are making a significant impact. To name just a few, in 2024 –

YOLO, produced by Yuewen’s subsidiary New Classics Media, was globally distributed by Sony Pictures and is the highest-grossing Chinese film overseas.Two of the top three Chinese dramas on TikTok were from Yuewen. Joy of Life Season 2 became the most-watched Chinese series on Disney+. It also ranked as the highest-rated Chinese television series of 2024 on MyDramaList. Joy of Life Season 2, The Legend of ShenLi, and The Tale of Rose, topped charts on streaming platforms like WETV, TrueID, MOA, and MONOMAX in multiple countries, including the United States, South Korea, Singapore, and Thailand.In the highly competitive market of South Korea, in particular, Yuewen’s productions or adaptations of its IPs occupied four out of the top five spots on the series playback chart of the streaming platform MOA June this year.

Building on this momentum, the much-anticipated Guardians of the Dafeng, starring Dylan Wang, is set to premiere on overseas platforms such as Viu, YouTube, Disney+, and Malaysia’s national television.

Future Aspirations: Building an Open Global Ecosystem and International Expansion

Yuewen aspires to be not merely a content creator but also an architect of an open global and sustainable IP ecosystem. With over 23 acquired or incubated media and entertainment companies under its umbrella, Yuewen is often compared to a Disney-like IP powerhouse in China.

Hou Xiaonan stated that Yuewen will promote the globalization of its full-chain IP industry model, focusing on two main directions: first, applying the model to overseas original IPs to help international writers in cultivate their IPs; second, bringing Chinese IPs to international markets through diverse content formats.

To that end, Yuewen will accelerate the development of overseas original IPs in collaboration with partners in Southeast Asia, Europe, America, and Japan. To date, Yuewen has cultivated approximately 430,000 overseas original writers. In 2024, the number of adaptations of Yuewen’s overseas original online literature is projected to double compared to the previous year.

It is well known that once a film or TV shows gains popularity, it can become a catalyst for local tourism at its filming locations. To capitalize on the ‘IP + cultural tourism’ synergy, Yuewen has partnered with organizations such as the Swiss National Tourist Office and the Singapore Tourism Board. By leveraging Singapore as a strategic gateway for global expansion, Yuewen is intensifying efforts to create a diverse array of platforms that promote the worldwide proliferation of its IPs. Singapore will feature a vibrant lineup of offline activities, including the highly anticipated Yuewen Music Festival on December 28, 29, and 31 and Yuewen Global IP Awards.

“The potential of high-quality IPs to create value is limitless, offering numerous opportunities for integrated development,” Hou Xiaonan stated.

Yuewen has introduced hundreds of IP-themed products and established self-operated stores in major Chinese cities like Beijing, Hangzhou, Xi’an, and Nanchang, creating a tangible connection with consumers. Moving forward, the company plans to expand its offline channels internationally, offering even greater commercialization opportunities for its IPs.

About Yuewen

Yuewen (HKEX: 0772 China Literature Limited) is a culture and entertainment group that was founded in March 2015. It focuses on creating and developing intellectual property (IP) derived from online literature.

Yuewen has a diverse portfolio of well-known brands, such as QQ Reading, Qidian, New Classics Media, and Tencent Animation & Comics. It serves as a platform for tens of millions of creators and a rich reserve of literary works across 200 genres, catering to hundreds of millions of users. Yuewen is renowned for its celebrated IP portfolio, which includes popular titles like Joy of Life, My Heroic Husband, Candle in the Tomb, The King’s Avatar, Soul Land, and Nirvana in Fire. It has successfully expanded its reach across various media formats, including audiobooks, animation, comics, films, drama series, games, and offline merchandise.

For more information, please visit https://www.yuewen.com/en/.

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3M announces collaboration with GSEO to advance Expanded Beam Optical manufacturing and development

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ST. PAUL, Minn., Oct. 19, 2026 /PRNewswire/ — 3M (NYSE: MMM) today announced a collaboration with Genius Electronic Optical Co., Ltd. (GSEO, Taiwan: 3406), an optical technology company, to advance technology development and manufacturing for 3M’s Expanded Beam Optical (EBO) solutions. In support of these efforts, 3M expects to make a strategic investment to acquire approximately 4.7% of GSEO’s common shares as part of the company’s private placement of newly issued shares, subject to customary closing conditions.

The collaboration brings together 3M’s EBO technology leadership, optical interconnect expertise, materials science, manufacturing scale and customer relationships with GSEO’s precision optics manufacturing capabilities and production scale. Together, the companies aim to support EBO commercialization and long-term capacity expansion to meet growing demand from hyperscale data centers and other advanced connectivity applications.

“3M is investing in capabilities and partnerships that can accelerate innovation for our customers,” said William Brown, 3M Chairman and CEO. “By selecting GSEO as a manufacturing partner and investing in the company, we are strengthening the path to scale next-generation optical connectivity solutions for high-performance data center infrastructure.”

GSEO’s existing precision optics manufacturing capabilities and technical development experience are expected to support manufacturing readiness for 3M’s EBO ferrules, co-packaged optics solutions and related optical interconnect applications. The collaboration is part of 3M’s broader EBO ecosystem strategy, which includes continued work with customers and partners across the optical interconnect market.

“GSEO is pleased to expand its relationship with 3M as we work together to advance optical interconnect solutions for next-generation data center infrastructure,” said Micro Kuo, GSEO CEO and President. “This collaboration brings together complementary technology and manufacturing strengths to support continued innovation and help meet the performance demands of high-growth connectivity markets.”

3M expects the strategic investment to close in the fourth quarter of 2026, subject to customary closing conditions.

Forward-Looking Statements
Certain statements in this release are considered “forward-looking statements” under the federal securities laws, including the Private Securities Litigation Reform Act of 1995, as amended, and are intended to enjoy the protection of those laws. Forward-looking statements may appear throughout this release and are typically identified by the words “aim,” “anticipate,” “believe,” “can,” “continue,” “could,” “estimate,” “evaluate,” “expect,” “forecast,” “future,” “goal,” “guidance,” “impact,” “initial,” “intend,” “likely,” “may,” “outlook,” “plan,” “possible,” “potential,” “predict,” “probable,” “project,” “seek,” “should,” “strategy,” “target,” “will,” “would,” and other words that are similar to, or have the opposite meanings of, those words. Forward-looking statements speak only as of the date they are made, 3M assumes no duty to update those statements, and readers are cautioned not to place undue reliance on any of those statements. Forward-looking statements are based on certain assumptions and expectations of future events and trends that are subject to risks and uncertainties, including those described in Part I, Item 1A, “Risk Factors” of 3M’s Form 10-K for the year ended December 31, 2025.

About 3M
3M (NYSE: MMM) is focused on transforming industries around the world by applying science and creating innovative, customer-focused solutions. Our multi-disciplinary team is working to solve tough customer problems by leveraging diverse technology platforms, differentiated capabilities, global footprint, and operational excellence. Discover how 3M is shaping the future at 3M.com/news.

Contacts
3M
Investor Contact:
Diane Farrow, 612-202-2449
Media Contact:
3MNews@mmm.com 

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Scott Vicknair Personal Injury Lawyers Announces Second Annual Operation Fur-Ever Home Pet Adoption Event at Lafreniere Park

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NEW ORLEANS, Oct. 19, 2026 /PRNewswire/ — Scott Vicknair Personal Injury Lawyers is excited to announce the return of its second annual Operation Fur-Ever Home, a free community pet adoption event taking place on Saturday, November 14, 2026, from 9:00 a.m. to 11:00 a.m. at Lafreniere Park in Metairie, Louisiana.

The free, family-friendly event will give attendees the opportunity to meet adoptable pets from local animal shelters, learn about responsible pet ownership, and potentially welcome a new furry companion into their homes. Those who preregister for the event will also be entered for a chance to win a Soundcore speaker and a free pet adoption.

“Last year’s event was everything we hoped it would be, and we are incredibly excited to bring Operation Fur-Ever Home back for a second year,” said David Vicknair, founding partner of Scott Vicknair Personal Injury Lawyers. “There is something special about watching a family meet a pet that could become part of their lives for years to come. We wanted to create another opportunity to make those connections while supporting the organizations that work tirelessly to care for animals in our community.”

Building on the success of the first event, this year’s event continues the firm’s commitment to supporting local animal shelters and creating meaningful opportunities for families throughout Southeast Louisiana.

“Giving back to our community has always been an important part of who we are as a firm,” said Vicknair. “Whether we are helping students prepare for school, recognizing deserving teachers, or supporting local animal shelters, our goal is to make a positive difference in the communities we serve.”

Operation Fur-Ever Home is free and open to the public. Families, animal lovers, and anyone interested in adopting a pet are encouraged to attend and preregister.

About Scott Vicknair Personal Injury Lawyers

Scott Vicknair Personal Injury Lawyers is a New Orleans-based personal injury firm committed to providing exceptional legal representation while also investing in the communities it serves. Their experienced team of dedicated attorneys specializes in car accidents, personal injury, and wrongful death cases in New Orleans. With diverse personal and professional backgrounds, they craft legal strategies tailored to each client’s specific case and needs.

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Can we produce low-cost omega-3s without relying on fish?

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GOLD COAST, Australia, Oct. 19, 2026 /PRNewswire/ — Southern Cross University researchers are aiming to halve the cost of producing omega-3 supplements to make these essential nutrients more accessible to pregnant women and infants in low-income countries, backed by the University’s first-ever grant from The Gates Foundation.

The research takes a novel approach: rather than relying on fish oil, the team is going closer to the original source of omega-3. Fish don’t produce omega-3 themselves – they accumulate it from marine microorganisms lower in the food chain.

Led by Professor Dirk Erler from Southern Cross University’s Faculty of Science and Engineering, the team is investigating how these naturally omega-3-producing microorganisms can be grown more cheaply through precision fermentation, including the use of agricultural and food-processing by-products as a source of fermentation sugar.

Omega-3 is an important nutrient during pregnancy and early life, supporting brain and nervous system development in babies. But the cost of supplements remains a significant barrier to access in many low-income countries.

“The main barrier for the uptake of omega-3s as supplements in pregnant women is the cost,” Professor Erler said.

“The whole objective of our project is to reduce that cost and make omega-3 supplements more available.”

The research team at Southern Cross University, which includes biomedical scientist Dr Nedeljka Rosic, Dr Shane McIntosh, postdoctoral researcher Dr Jasmine Haskell and PhD researcher Michael Ingram, is focused on growing omega-3-producing marine microorganisms known as thraustochytrids – or ‘throstys’ for short.

“By growing those microorganisms on land through precision fermentation, we have an alternative way of producing omega-3s that is both reliable and highly targeted,” Professor Erler said.

Precision fermentation allows the researchers to grow thraustochytrids under controlled conditions to produce omega-3 oils. The team is investigating whether expensive feedstocks used in the process can be replaced with lower-cost agricultural and food-processing by-products, helping drive down the overall cost of production.

The approach could also reduce reliance on wild-caught fish as a source of omega-3 oil and create a more reliable, scalable, and local supply.

For biomedical scientist Dr Nedeljka Rosic, the production challenge is ultimately about what greater access to omega-3 could mean for women and babies.

“As a biomedical scientist, my purpose is to find ways to use science to improve people’s health,” Dr Rosic said.

“This project is important because it aims to improve the health of pregnant women and children and reduce preterm births through simple dietary improvements.”

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