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Emeren Group Announces CEO Transition, Formation of a Special Committee and Preliminary Q1 2025 Results

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NORWALK, Conn., March 28, 2025 /PRNewswire/ — Emeren Group Ltd (“Emeren” or the “Company”) (www.emeren.com) (NYSE: SOL), a leading solar project developer, owner, and operator, today announced that Mr. Yumin Liu, Chief Executive Officer, will step down from his role effective April 30, 2025. The company’s Board of Directors has appointed Ms. Julia Xu, currently an independent director, as Interim CEO, effective May 1, 2025. Emeren has initiated a formal search for its next Chief Executive Officer and is considering both internal and external candidates.

CEO Transition

Mr. Liu has served as CEO for over five years, during which time he played a key role in advancing Emeren’s strategic focus on high-margin growth and capital-efficient development. He will remain with the company through the end of April to ensure a smooth transition.

“Mr. Liu’s leadership has been instrumental in shaping Emeren’s transformation into the developer of solar and energy storage projects,” said Mr. Himanshu H. Shah, Chairman of the Board. “We are grateful for his many contributions and leadership on operational discipline.”

Reflecting on his time at Emeren, Mr. Liu said, “It has been a tremendous honor to lead Emeren over our phase of evolution strengthening both our presence and deepening our operational capabilities. I’m particularly proud to have contributed to refining our strategic focus, including the execution of our Development Service Agreement (DSA) and IPP segments. I leave with full confidence in the leadership team, and the exceptional people across Emeren.”

Ms. Julia Xu will assume the role of Interim CEO on May 1. A member of Emeren’s Board of Directors, Ms. Xu brings deep experience in the financial markets and international business leadership. She is the Founder and Managing Director of Oravida, a New Zealand-based group focused on premium food branding and cross-border market strategy. Earlier in her career, she served as Chief Financial Officer of Emeren Group Ltd, and held senior financial roles at Deutsche Bank Hong Kong, Bankers Trust, and Lehman Brothers.

“The Board is confident in Julia’s ability to lead the company during this transition,” said Mr. Himanshu H. Shah, “She brings strong operational insight and familiarity with our strategic priorities.” “I’m honored to step into this interim role at a critical time for Emeren,” said Ms. Xu. “Our focus remains on disciplined execution across our solar and energy storage segments.”

Emeren also formed a special committee which includes its three independent directors Martin Bloom, Ramnath Iyer and Ramki Srinivasan to evaluate a going private proposal received on March 17, 2025.

Preliminary Q1 2025 Results

Emeren is also releasing preliminary financial results for the first quarter of 2025. Based on currently available information, the company expects:

Revenue of approximately $8.4mGross margin of approximately 32%Non-GAAP operating loss of about $4 million

Emeren expects to report final Q1 2025 results around mid-May.

About Emeren Group Ltd

Emeren Group Ltd (NYSE: SOL), a renewable energy leader, showcases a comprehensive portfolio of solar projects and Independent Power Producer (IPP) assets, complemented by a significant global Battery Energy Storage System (BESS) capacity. Specializing in the entire solar project lifecycle — from development through construction to financing — we excel by leveraging local talent in each market, ensuring our sustainable energy solutions are at the forefront of efficiency and impact. Our commitment to enhancing solar power and energy storage underlines our dedication to innovation, excellence, and environmental responsibility. For more information, go to www.emeren.com.

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SOURCE Emeren Group Ltd

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Ramki Sankaranarayanan Receives EGA’s Hermes Lifetime Achievement Award for Pioneering Innovation in Global Content Operations

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LOS ANGELES, April 4, 2025 /CNW/ — The Entertainment Globalization Association (EGA) has honored Ramki Sankaranarayanan, Founder and Global CEO of Prime Focus Technologies (PFT), with the 2025 Hermes Lifetime Achievement Award. The accolade recognizes Ramki’s visionary leadership and transformative impact on entertainment localization and media technology worldwide.

Presented at the prestigious Hermes Awards for Entertainment Localization Excellence, the honor celebrates Ramki’s role in reimagining global media supply chains—seamlessly blending AI innovation with human creativity to enable scalable, culturally authentic storytelling across geographies.

A trailblazer in media tech for over two decades, Ramki spearheaded the launch of the industry’s first Media ERP, laying the foundation for cloud-based Supply Chain that subsequently was articulated within the MovieLabs 2030 Vision. Under his leadership, PFT has continuously pushed the boundaries of localization—leveraging AI-assisted subtitling, dubbing, and metadata solutions through its CLEAR® and CLEAR® AI platforms. Early innovations such as automated subtitle retiming and hybrid AI pipelines have redefined scale and speed in global content delivery.

PFT’s localization capabilities span an impressive 150 unique languages globally, including 92 European, 24 African, 18 from the Indian subcontinent, 10 East Asian, and 6 Central Asian languages, showcasing unparalleled depth and reach. Today, PFT supports over 2 million subtitled minutes and 1 million dubbed minutes annually for leading platforms including Star TV, Netflix, Disney+, Amazon Prime Video, Warner Bros. Discovery, Crunchyroll, etc.

With 13+ patents and seven NAB Product of the Year Awards, including a 2023 win for AI-led localization, CLEAR® AI exemplifies contemporary Agentic AI, defined by its autonomous Localization Agents capable of independent decision-making, real-time collaboration, and continuous improvement. CLEAR® AI leverages Multi-Agent Collaboration, orchestrating agents specialized in several tasks across content lifecycle. This market-defining approach dramatically improves accuracy, accelerates time-to-market, and reduces manual intervention, reflecting a strategic shift towards intelligent, collaborative AI in localization.

PFT’s latest breakthrough, CLEAR® AI Content Studio, further exemplifies this momentum by turning dormant archives into dynamic, revenue-generating content libraries.

“This award is deeply meaningful,” said Ramki. “It honors not just my journey, but the passion and relentless innovation of our PFT team & the pivotal role clients have played in embracing the innovation—and the vibrant localization community driving global storytelling forward.”

EGA’s recognition underscores the rising strategic importance of AI-led, human-enhanced localization—and the visionaries who are shaping its future.

About the Entertainment Globalization Association (EGA)
The EGA is the leading professional body for executives driving content globalization. Its Hermes Awards celebrate excellence in localization and the innovators behind cross-cultural storytelling.

About Prime Focus Technologies (PFT)
Prime Focus Technologies (PFT) is the creator of CLEAR®. It offers streaming platforms, studios, and broadcasters AI technology and media services powered by the cloud that help them enable creativity, efficiency, and, most importantly, revenue generation. PFT works with major companies like Channel 4, ITV, Sinclair Broadcast Group, A&E Networks, Warner Bros. Discovery, Paramount, Crunchyroll, Insight TV, JioStar, BCCI, Tegna, Amazon MGM Studios, and more.

For more information, visit: www.primefocustechnologies.com.

Press Contact
T Shobhana
Senior Vice President and Global Head of Marketing
Prime Focus Technologies
Los Angeles, CA
t.shobhana@primefocus.com

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SOURCE Prime Focus Technologies

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S’moresUp Launches “It’s a Family Thing!” to Help Moms Get Their Pink Back This Mother’s Day

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From the Team Behind Two-Time App of the Day S’moresUp, Comes a Smarter Family Management App

LOS ALTOS, Calif., April 4, 2025 /PRNewswire/ — S’moresUp, the trusted family management platform with over 300,000 users, announces its next evolution: It’s a Family Thing! (IAFT)—just in time for Mother’s Day.

Inspired by the phrase “getting your pink back,” IAFT is designed to help moms reclaim their energy and joy while navigating the invisible labor of parenting. Like flamingos that regain their color with care, moms too can thrive with the right support.

S’moresUp has twice been named Apple’s App of the Day. IAFT builds on that success with AI-powered tools, personalized insights, and family-focused features made specifically for today’s overwhelmed parents.

Developed by a single mom and a generative AI technologist—both former PayPal leaders—IAFT reflects seven years of insights from the S’moresUp community.

Key Features:

AI Family Agent: A virtual assistant for managing chores, schedules, and planning.Parenting Weather (PUP Score): Gauges parenting stress and suggests solutions.Chore & Reward System: Includes Photo Proof, Late Penalties, and gamified tracking.Family Analytics: Tracks skill development and offers personalized support.Mood Management: Encourages emotional check-ins and open family communication.Campfire: A private space for sharing updates, celebrations, and memories.AI-Driven Planning Tools: Features like “How To Do Today” and “Weekly Plan.”

More than a digital organizer, IAFT is a lifeline – helping moms reduce decision fatigue, prioritize self-care, and restore balance at home.

Pricing starts at just $3.49/month, with premium features available up to $49.95/month.

Available now on the Apple App Store and Google Play.

“Working mothers are constantly fighting an uphill battle to balance career and home life,” says Priya Rajendran, CEO and co-founder. “IAFT is here to do the heavy lifting so moms can breathe again.”

“With IAFT, we’re doubling down on innovation and family wellness,” adds Reeves Xavier, CTO and co-founder. “This is a lifeline for the modern family.”

About S’moresUp

S’moresUp and now It’s a Family Thing! are family management solutions created by Priya Rajendran and Reeves Xavier, technologists and parents with a passion for empowering families. With experience at companies like PayPal, Microsoft, and Intuit, they bring heart, humor, and cutting-edge AI to parenting. S’moresUp’s mission is simple: Raise independent, responsible, and joyful kids—while making parenting a little less exhausting.

Visit www.smoresup.com

Contact: Ann Dunning, ann@amurraypr.com 

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SOURCE S’moresUp

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DATA BREACH ALERT: Edelson Lechtzin LLP Is Investigating Claims On Behalf Of Oracle Health Customers Whose Data May Have Been Compromised

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NEWTOWN, Pa., April 4, 2025 /PRNewswire/ — Edelson Lechtzin LLP, a national class action law firm, is investigating claims regarding data privacy violations at Oracle Health (“Oracle”). Oracle learned of the breach on or about February 20, 2025. To join this case, go HERE.

About Oracle Health

Oracle Corporation is a multinational computer technology company based in the United States. Oracle Health, a subsidiary of Oracle, specializes in healthcare software, with a focus on Electronic Health Records and hospital management solutions.

What happened?

Oracle recently experienced two separate data breach incidents. The first occurred around February 20, 2025, when Oracle Health discovered a security breach within its network. They initiated an investigation and found that on or after January 22, 2025, an unauthorized third party had accessed the company’s servers and copied patient data to an unknown external location.

The second incident involved Oracle Cloud servers. In this case, a hacker using the online alias rose87168 posted on a cybercrime forum, offering the data of 6 million Oracle Cloud customers. Although Oracle has denied this data breach, evidence suggests otherwise.

What type of information was stolen?

The personal information in the compromised files may have included:

Patient Information From Electronic Health Records

How can I protect my personal data?

If you receive a data breach notification concerning Oracle, you should take precautions to protect against potential misuse of your personal information, including identity theft and fraud, by regularly reviewing your account statements and monitoring your credit reports for any suspicious or unauthorized activity.

Edelson Lechtzin LLP is investigating a class action lawsuit to seek legal remedies for individuals whose sensitive personal data may have been compromised as a result of the Oracle data breach.

For more information, please contact:

Marc H. Edelson, Esq.
EDELSON LECHTZIN LLP
411 S. State Street, Suite N-300
Newtown, PA 18940
Phone: 844-696-7492 ext. 2
Email: medelson@edelson-law.com
Web: www.edelson-law.com 

About Edelson Lechtzin LLP

Edelson Lechtzin LLP is a national class action law firm with offices in Pennsylvania and California. In addition to cases involving data breaches, our lawyers focus on class and collective litigation in cases alleging securities and investment fraud, violations of the federal antitrust laws, employee benefit plans under ERISA, wage theft and unpaid overtime, consumer fraud, and catastrophic injuries.

This press release may be considered Attorney Advertising in some jurisdictions.

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SOURCE Edelson Lechtzin LLP

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