HANOI, Vietnam, March 25, 2025 /PRNewswire/ — The French Development Finance Institution (Proparco) and the Dutch Entrepreneurial Development Bank (FMO) have signed a loan agreement worth US$80 million, of which each party invest US$40 million, with Southeast Asia Commercial Joint Stock Bank (SeABank, stock code: SSB).

The funding strengthens SeABank‘s financial capacity to enhance financial access, improve capacities and expand key business areas for Vietnamese SMEs and women-owned enterprises; while improving the implementation of international practices in E&S risk management and climate change mitigation.

This also marks the beginning of a partnership focused on economic growth and financial inclusion.

Speaking at the ceremony, Mr. Le Van Tan – Chairman of the BOD (SeABank) highlighted SeABank’s customer-centric commitment to guaranteeing equal financial access for all individuals and businesses, and emphasized: “The investment aligns with SeABank’s sustainability strategy and enhances SeABank’s ability to offer effective financial solutions, support SMEs, women-owned entrepreneurs, and climate action”.

Mr. Olivier Brochet – French Ambassador to Vietnam expressed his support for Proparco’s meaningful activities in the Vietnamese market, and shared: “As the Vietnam–France relationship has been elevated to a Comprehensive Strategic Partnership, we remain committed to supporting Vietnam’s development. This cooperation is in line with our strategic direction and the common commitments at the G7 Summit 2024, particularly aims to address challenges of the new era through ecosystem protection and SMEs, women-owned entrepreneurs support“.

Mr. Kees van Baar – Dutch Ambassador to Vietnam highlighted the Netherlands’ role as Vietnam’s largest European investor and trading partner, found common strengths in water resources, and shared development objectives of driving growth in Vietnam focusing on SMEs and women-owned enterprises. Mr. Kees van Baar emphasized the reason for choosing SeABank as partner: “SeABank has a clear strategic vision in providing financial solutions that support private enterprises, SMEs, and women-owned enterprises; along with international reputation and network to implement these initiatives. I believe that FMO and Dutch enterprises, together with SeABank and its ecosystem partners will have cooperative opportunities in the near future”.

With this investment, SeABank’s total international mobilization has reached nearly US$1.1 billion. This includes loans, credits, and trade finance from major financial institutions such as DFC, IFC, AIIB, Norfund, and OPEC Fund, etc. The growing trust from global partners demonstrates SeABank’s strong reputation, operational efficiency, and commitment to supporting SMEs and women-owned enterprises.

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View original content:https://www.prnewswire.co.uk/news-releases/seabank-receives-investment-of-us80-million-from-proparco-and-fmo—the-french-and-dutch-government-owned-financial-institutions-302410414.html

CHANGSHA, China, March 25, 2025 /PRNewswire/ — On March 24, Zoomlion released its 2024 annual report. The company achieved a total annual revenue of 45.48 billion yuan, with a net profit of 4 billion yuan, reflecting a year-on-year increase of 6.31%. The company’s share-based payment expenses for 2024 amounted to 0.87 billion yuan, up by 0.59 billion yuan compared to the previous year. Excluding the impact of share-based payment expenses, the net profit for the year increased by 18.39% year-on-year. The gross profit margin for the year stood at 28.17%, up by 1.04 percentage points year-on-year. The net profit margin reached 8.81%, representing a year-on-year increase of 0.8 percentage points. Meanwhile, the company plans to distribute a cash dividend of 3 yuan (tax included) per 10 shares.

During the reporting period, the company’s overseas revenue reached 23.38 billion yuan, marking a year-on-year increase of 30.58%. The share of overseas revenue further rose to 51.41%, up by 13.37 percentage points year-on-year. Over the past three years, the company’s export revenue has achieved a compound annual growth rate (CAGR) of 59.26%. The globalization transformation has created vast market opportunities for all business segments, while the “continuous growth” trend in overseas markets has significantly reduced the company’s cyclical nature.

By the End of 2024, the company operated more than 400 overseas outlets, with its products reaching over 170 countries. The company employed 4,400 local staff overseas, accounting for 70% of its international workforce, and maintained over 210 service and spare parts warehouses.

In recent years, Zoomlion has undergone a comprehensive digital transformation, achieving end-to-end integration from R&D and supply chain to market and sales, resulting in standardized, transparent, and efficient operations. the four main machinery parks for earthmoving machinery, aerial work platforms, concrete machinery, and mobile cranes at Zoomlion Smart City have been already put in production, as a benchmark for “multi-variety, small-batch” discrete manufacturing in the field of intelligent manufacturing worldwide. While vigorously enhancing the company’s competitive advantage, it will also provide excellent training scenarios and data for the development of the company’s specific intelligent business in the future.

In 2024, the company accelerated its transformation and upgrade toward diversification, internationalization, and digitalization, actively cultivating new growth curves. These transformation initiatives have significantly enhanced the company’s development stability, effectively mitigating cyclical impacts. They have also injected continuous growth momentum, guiding the company toward a sustainable development path.

View original content:https://www.prnewswire.co.uk/news-releases/zoomlion-2024-forging-new-growth-pathways-through-diversification-globalization-and-digital-transformation-302410408.html

VICTORIA, Seychelles, March 25, 2025 /PRNewswire/ — MEXC, a leading global cryptocurrency exchange, is pleased to announce that the Term Finance (TERM) will be listed on March 26, 2025 (UTC). To celebrate this listing, MEXC will launch a special Launchpool event featuring a 120,000 TERM token prize pool, providing new and existing users with exciting opportunities to earn rewards.

The TERM token, which has a total supply of 100,000,000, serves as the utility token for Term Finance, a decentralized fixed-rate lending protocol. The platform utilizes on-chain auctions to enable loans, allowing users to lock in funding costs or secure fixed-rate returns with crypto-backed loans. It offers a transparent and competitive market-clearing rate for both borrowers and lenders. To learn more about the TERM token and its role within the Term Finance ecosystem, read the full article here.

TERM Listing Celebration Events: Share 120,000 TERM and 109,000 USDT Bonus

To celebrate the listing of Term Finance (TERM) on MEXC, the exchange is launching two exciting events, offering participants the chance to share 120,000 TERM and 109,000 USDT in bonuses.

TERM Finance’s Launchpool event runs from March 24 to 26, 2025 (UTC). Participants can stake USDT, MX, or TERM tokens to earn from a prize pool of 120,000 TERM. TERM holders and new users are eligible to join the Launchpool. New users can access the exclusive 60,000 TERM staking pool, while all users can participate in the general pool by staking MX or TERM.

The participation process is simple, with a low entry threshold. Simply sign up for a MEXC account, complete KYC, and deposit USDT, MX, or TERM into the Launchpool. Holding at least 25 MX unlocks additional benefits. New users must deposit funds after the event begins to be eligible for the USDT pool.

Additionally, users can participate in the Airdrop+ event, which runs from March 24 to April 3, 2025 (UTC), offering a total prize pool of 109,000 USDT.

MEXC has established itself as an industry leader by consistently providing users with early access to promising web3 projects. In 2024, MEXC introduced 2,376 new tokens, with 1,716 of those being initial listings. According to the latest TokenInsight report, MEXC leads the industry with the highest number of spot listings at 461 and the fastest listing speed. Additionally, the exchange consistently adds new tokens in bi-weekly cycles, showcasing its exceptional ability to quickly capture market trends.

By prioritizing low-market-cap projects and quickly listing trending tokens, MEXC remains at the forefront of emerging market trends. With advantages such as low fees, deep liquidity, and daily airdrops, MEXC has become the platform of choice for an increasing number of cryptocurrency traders.

For full event details and participation rules, visit the event page.

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About MEXC

Founded in 2018, MEXC is committed to being “Your Easiest Way to Crypto.” Serving over 34 million users across 170+ countries, MEXC is known for its broad selection of trending tokens, everyday airdrop opportunities, and low trading fees. Our user-friendly platform is designed to support both new traders and experienced investors, offering secure and efficient access to digital assets. MEXC prioritizes simplicity and innovation, making crypto trading more accessible and rewarding.

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View original content:https://www.prnewswire.co.uk/news-releases/mexc-announces-term-finance-term-listing-with-120-000-term-and-109-000-usdt-prize-pools-302410404.html