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Global Debut: ZHAOWEI’s Dexterous Hand is Ready to Shine at CES 2025

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SHENZHEN, China, Dec. 30, 2024 /PRNewswire/ — ZHAOWEI (Shenzhen ZHAOWEI Machinery & Electronics Co., Ltd), a leading innovator in precision micro drive solutions, is proud to announce its participation in CES 2025, the premier global tech event. From January 7 to 10, 2025, at the Las Vegas Convention Center, ZHAOWEI will unveil its groundbreaking Dexterous Hand, a technological leap forward that is set to redefine the possibilities of robotics and intelligent systems. Designed with unmatched precision and adaptability, the Dexterous Hand achieves independent movement of each finger joint, unlocking unprecedented potential for robotics and intelligent systems.

Visitors to CES 2025 will have the opportunity to witness this breakthrough technology at ZHAOWEI’s two exhibit locations:

Main Booth: South Hall 1-30357Sub Booth: South Hall 3-40433
(15-min by walking between the two)

These exhibits will feature interactive displays, where attendees can experience the Dexterous Hand performing intricate, real-world tasks, showcasing its ability to replicate human-like dexterity.

Dexterous Hand Features and Applications

ZHAOWEI’s Dexterous Hand is engineered to mimic the human hand’s range of motion with exceptional fidelity. By leveraging ZHAOWEI’s proprietary micro drive technologies, it provides an unparalleled combination of precision, flexibility, and performance.

Key Features:

17-20 Degrees of Freedom: A sophisticated combination of parallel and linear motors enables a full range of hand and finger motions for complex and precise operations.Independent Joint Movement: Each finger joint operates autonomously, allowing for coordinated and intricate tasks such as gripping, twisting, and object manipulation.Human-like Dexterity and Adaptability: Acquired independent motion capability for each finger. Combined with compliant control and force feedback algorithms, it can precisely simulate human hand movements for complex grasping and manipulation.Compact and Lightweight Design: Engineered to fit within the most space-constrained robotic systems, the micro drive systems deliver superior performance without adding bulk.Durability and Long Service Life: Built to withstand rigorous usage, these systems maintain their precision and reliability over extended operational periods.

“The Dexterous Hand is a commitment of our company to push the boundaries of robotics,” said Li Ping, Vice President of Technology at ZHAOWEI. “Its ability to combine life-like motion with superior precision positions it as a game-changer for industries requiring high levels of dexterity and control.”

The Dexterous Hand holds immense potential across various industries, including healthcare, where it can be used in robotic-assisted surgery and rehabilitation devices that require precision and adaptability. In industrial automation, it is valuable for advanced manufacturing tasks that demand delicate handling or assembly of intricate components. Additionally, in consumer robotics, the Dexterous Hand enables service robots to perform everyday tasks with human-like accuracy and finesse.

Supporting Technologies on Display
In addition to the Dexterous Hand, ZHAOWEI will exhibit supporting innovations, including:

6mm-16mm Coreless Motors: Lightweight, efficient motors delivering high performance for a variety of robotic applications.6mm-19mm Precision Gearboxes: High-torque, low-backlash gear systems designed to enhance robotics and automation systems’ efficiency and accuracy.

“At CES 2025, ZHAOWEI aims to showcase the power of micro drive solutions in shaping the future of robotics,” said Li Haizhou, Chairman of ZHAOWEI. “The Dexterous Hand is more than a technological innovation—it reflects our vision of smarter, more adaptable machines that improve lives and transform industries.”

About ZHAOWEI

Founded in 2001, ZHAOWEI specializes in developing advanced micro drive systems. With over two decades of experience in the field of micro drive, ZHAOWEI’s expertise not only lies in providing a wide option of high-performance motors but also in developing tailored drive systems for clients’ applications. Known for its relentless commitment to innovation and quality, ZHAOWEI partners with global leaders to deliver technologies that drive progress and enhance human life.

View original content:https://www.prnewswire.com/news-releases/global-debut-zhaoweis-dexterous-hand-is-ready-to-shine-at-ces-2025-302340089.html

SOURCE ZHAOWEI

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Mega Matrix Inc. Announced that Modern Fantasy Miniseries “Alpha, She Wasn’t the One” Now Streaming on FlexTV

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SINGAPORE, Jan. 2, 2025 /PRNewswire/ — Mega Matrix Inc. (NYSE American: MPU) announced that its globally renowned short drama streaming platform, FlexTV, premiered the highly anticipated modern fantasy miniseries Alpha, She Wasn’t the One on December 27. Blending werewolf mythology with comedy, romance, and workplace drama, the series delivers a whimsical yet heartwarming love story between a human and a werewolf.

 

The story follows Annie, a warm and outgoing designer, who foresees herself kissing a stranger on her 25th birthday. Determined to verify the vision, she visits a bar where she meets Leon, the disguised leader of a werewolf pack. Sparks fly, and the two fall deeply in love. However, Leon’s father, seeking to preserve the pack, hypnotizes them, causing Leon to mistakenly identify Annie’s sister, Anna, as his destined mate, or Luna.

After a series of misunderstandings and memory loss, Annie and Leon return to their roles as boss and subordinate. Yet, love finds a way as their daily interactions rekindle their romance. The power of true love ultimately helps them regain their memories, resolve the misunderstandings, and confess their feelings. Under the blessing of the Moon Goddess, Annie not only retains her prophetic ability but also becomes a cherished member of the werewolf pack, living happily ever after with Leon.

As a globally leading short drama streaming platform, MPU’s FlexTV offers content in over 100 countries, featuring multiple language options such as English, Japanese, Korean, Portuguese, Spanish, French, and Arabic. With its high-quality short dramas and exceptional user experience, FlexTV continues to captivate audiences worldwide. Alpha, She Wasn’t the One is now available for streaming on FlexTV. The series explores profound themes of balancing societal expectations, familial responsibilities, and personal aspirations, offering viewers valuable insights and reflections. For more exciting content, please visit https://www.flextv.cc/.

#Werewolf #Fantasy #Comedy #WorkplaceDrama #Miniseries #FlexTV #MPU

About Mega Matrix Inc.: Mega Matrix Inc. (NYSE American: MPU) is a holding company and operates FlexTV, a short-video streaming platform and producer of short dramas, through its subsidiary, Yuder Pte, Ltd.. Mega Matrix Inc. is a Cayman Island corporation headquartered in Singapore. For more information, please contact info@megamatrix.io or visit: http://www.megamatrix.io.

Forward-Looking Statements

This press release contains forward-looking statements within the meaning of the “safe harbor” provisions of the United States Private Securities Litigation Reform Act of 1995. All statements in this press release other than statements that are purely historical are forward looking statements. When used in this press release, the words “estimates,” “projected,” “expects,” “anticipates,” “forecasts,” “plans,” “intends,” “believes,” “seeks,” “may,” “will,” “should,” “future,” “propose,” and variations of these words or similar expressions (or the negative versions of such words or expressions) are intended to identify forward-looking statements. These forward-looking statements are not guarantees for future performance, conditions or results, and involve a number of known and unknown risks, uncertainties, assumptions and other important factors, many of which are outside the Company’s control, that could cause actual results or outcomes to differ materially from those discussed in the forward-looking statements. Important factors, among others, are: the ability to manage growth; ability to identify and integrate future acquisitions; ability to grow and expand our FlexTV business; ability to execute the strategic cooperation with TopReels, ability to obtain additional financing in the future to fund capital expenditures; ability to establish the investment fund with 9 Yards Communications under the memorandum of understanding; fluctuations in general economic and business conditions; costs or other factors adversely affecting the Company’s profitability; litigation involving patents, intellectual property, and other matters; potential changes in the legislative and regulatory environment; a pandemic or epidemic; the possibility that the Company may not succeed in developing its new lines of businesses due to, among other things, changes in the business environment, competition, changes in regulation, or other economic and policy factors; and the possibility that the Company’s new lines of business may be adversely affected by other economic, business, and/or competitive factors. The forward-looking statements in this press release and the Company’s future results of operations are subject to additional risks and uncertainties set forth under the “Risk Factors” in documents filed by the Company’s predecessor, Mega Matrix Corp., with the Securities and Exchange Commission, including the Company’s latest annual report on Form 10-K, as amended, and are based on information available to the Company on the date hereof. In addition, such risks and uncertainties include the Company’s inability to predict or control bankruptcy proceedings and the uncertainties surrounding the ability to generate cash proceeds through the sale or other monetization of the Company’s assets. The Company undertakes no obligation to update or revise any forward-looking statements, whether as a result of new information, future events or otherwise, except as required by applicable law. Readers are cautioned not to place undue reliance on forward-looking statements, which speak only as of the date of this press release.

Disclosure Channels

We announce material information about the Company and its services and for complying with our disclosure obligation under Regulation FD via the following social media channels:

The Company will also use its landing page on its corporate website (www.megamatrix.io) to host social media disclosures and/or links to/from such disclosures. The information we post through these social media channels may be deemed material. Accordingly, investors should monitor these social media channels in addition to following our website, press releases, SEC filings and public conference calls and webcasts. The social media channels that we intend to use as a means of disclosing the information described above may be updated from time to time as listed on our website.

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SOURCE Mega Matrix Inc.

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Cango Inc. Announces December 2024 Production Update for Crypto Mining Business

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SHANGHAI, Jan. 2, 2025 /PRNewswire/ — Cango Inc. (NYSE: CANG) (“Cango” or the “Company”), a leading automotive transaction service platform in China, today announced its production update for crypto mining business in December 2024.

Bitcoin Mining Update for December 2024

Metrics

Dec 2024 1

Nov 2024 1

Number of Bitcoins produced

569.9

363.9

Average number of Bitcoins produced per day

18.4

18.9

Total number of Bitcoins held 2

933.8

363.9

Total number of Bitcoins sold 2

Deployed hashrate 2

32 EH/s

32 EH/s

Average operating hashrate 3

30.4 EH/s

29.8 EH/s

1. Unaudited, estimated.
2. As of month-end.
3. Average over the month.

About Cango Inc.

Cango Inc. (NYSE: CANG) is a leading automotive transaction service platform in China, connecting car buyers, dealers, financial institutions, and other industry participants. Founded in 2010 by a group of pioneers in China’s automotive finance industry, the Company is headquartered in Shanghai and has a nationwide network. Leveraging its competitive advantages in technological innovation and big data, Cango has established an automotive supply chain ecosystem, and developed a matrix of products and services centering on used car trading and exporting. By working with platform participants, Cango endeavors to make car purchases simple and enjoyable, and make itself customers’ car purchase service platform of choice. In recent years, Cango has diversified its business operations and expanded its operation into other industries, such as overseas crypto assets. For more information, please visit: www.cangoonline.com.

Investor Relations Contact

Yihe Liu
Cango Inc.
Tel: +86 21 3183 5088 ext.5581
Email: ir@cangoonline.com 

Helen Wu
Piacente Financial Communications
Tel: +86 10 6508 0677
Email: ir@cangoonline.com 

View original content:https://www.prnewswire.com/news-releases/cango-inc-announces-december-2024-production-update-for-crypto-mining-business-302341195.html

SOURCE Cango Inc.

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VINAI RETURNS TO CES 2025 WITH CUTTING-EDGE AUTOMOTIVE AI TECHNOLOGIES

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LAS VEGAS, Jan. 2, 2025 /PRNewswire/ — VinAI has announced its participation in the Consumer Electronics Show (CES) 2025, taking place from January 7 to January 10, 2025, in Las Vegas, USA. At CES 2025, VinAI will showcase cutting-edge AI technologies such as DrunkSense and Touch2Park in an exclusive in-vehicle demonstration, reaffirming their superior integration capabilities and commitment to delivering groundbreaking mobility experiences for the automotive industry.

From January 7 to January 10, 2025, visitors to booth #7224 in the West Hall of the Las Vegas Convention Center will have the opportunity to experience VinAI’s cutting-edge technologies in action on a real vehicle, including:

InteriorSense Suite

DrunkSense: The world’s first passive drunk driving detection system without requiring a breathalyzer, achieving 85% sensitivity—8 percentage points higher than that of the industry standard.MirrorSense: As a CES 2024 Innovation Award Honoree, this technology adjusts mirrors with 10mm accuracy based on the driver’s position—another world-first innovation.Driver Monitoring System (DMS): Compliant with EU’s General Safety Regulations, the system provides AI-powered safety through enhanced occupant monitoring.

SurroundSense Suite

Touch2Park: Touch2Park is the winner of the 2024 AutoTech Breakthrough Award. This Level 2 smart parking solution enables effortless parking by a simple touch.Jelly View: A revolutionary 3D transparent mode offering comprehensive exterior and undercarriage visibility.Advanced 360° Surround View Monitoring System: The system eliminates blind spots and enhances external awareness for safer navigation.

Mr. Vuong Cap, Director of VinAI’s Smart Mobility Division, shared: “VinAI’s AI solutions are developed with a focus on optimizing performance on systems with limited resources. This enables automotive manufacturers to integrate advanced technologies without requiring hardware upgrades, reducing costs and enhancing competitiveness. This flexible approach not only broadens the applicability of AI but also meets the growing demand for smart and safe vehicles from automakers worldwide.”

Automotive manufacturers (OEMs) in the U.S. are under increasing pressure to enhance the safety, comfort, and intelligence of their vehicles. However, providing cutting-edge AI features while maintaining competitive costs and production timelines poses a significant challenge for many OEMs. VinAI addresses these challenges with efficient and flexible AI solutions designed to deliver safer and more comfortable driving experiences without demanding excessive resources from OEMs.

Currently, VinAI offers smart mobility solutions for the automotive industry. Technologies and features developed by VinAI have been integrated into numerous vehicle models by global automakers, with deployment on over 80,000 vehicles to date and projections to reach over 800,000 vehicles within the next five years.

For more information about VinAI or to schedule a technology demonstration at CES 2025, customers can contact business@vinai.io or visit https://www.vinai.io/vinai-at-ces-2025/.

About VinAI 

VinAI, part of the Vingroup ecosystem, ranks among the top 20 AI R&D companies globally. The company’s Smart Mobility division drives the next level of automotive safety and comfort through a strong portfolio of next-generation, efficient AI solutions. VinAI’s technologies and features have been integrated into various models of global OEMs, including those from Europe.

For more information about VinAI, please visit: https://www.vinai.io/

Click here for more details about our booth at: https://ces25.mapyourshow.com/8_0/exhibitor/exhibitor-details.cfm?exhid=001Pp00000kXVowIAG

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SOURCE VinAI

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