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U Power and Major Shareholder Chatchaval Jiaravanon Outline Strategic Collaboration for 2025

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U Power and Major Shareholder Chatchaval Jiaravanon Outline Strategic Collaboration for 2025
Business

Business

U Power and Major Shareholder Chatchaval Jiaravanon Outline Strategic Collaboration for 2025

2024-12-09 19:51 Last Updated At:20:15

Third-generation member of Thailand's Charoen Pokphand Group and Fortune magazine owner reinforces commitment to U Power's innovative EV battery solutions

SHANGHAI, Dec. 9, 2024 /PRNewswire/ -- U Power Limited (the "Company" or "U Power"), today announced a strategic meeting between CEO Jia Li and Chatchaval Jiaravanon, one of the company's largest shareholders and a third-generation member of Thailand's Charoen Pokphand Group. The meeting focused on strengthening the partnership established earlier this year through Fortune Light Assets Ltd.'s strategic investment in U Power, with discussions covering key business initiatives including battery asset management, battery-swapping stations, and compatible electric vehicles.

Mr. Jiaravanon brings extensive experience across technology, media, and finance sectors. As a third-generation member of Thailand's Charoen Pokphand Group, he serves as a board member of True Corporation, one of Thailand's largest integrated telecommunications operators. He is also the owner of Fortune magazine and co-founder of fintech company Lightnet Technologies.

During the strategic discussion, Mr. Jiaravanon expressed strong confidence in U Power's development: "As a global leader in charging and battery-swapping technology, U Power has shown remarkable potential in Thailand and neighboring regions. I am particularly interested in the battery bank business model and have made strategic investments accordingly. The success of the battery-swapping model hinges on the development of the battery ecosystem, and I remain committed to supporting its growth and development."

Jia Li, Founder and CEO of U Power, highlighted the company's commitment to Southeast Asian markets: "Thailand is central to our Southeast Asian strategy, where we have established local operations to serve the market. Aligned with Thailand's "30•30" development strategy, which aims to have electric vehicles account for 30% of the country's total annual automobile production, or 750,000 units, by 2030, we are focusing on commercial vehicle electrification. Our battery-swapping stations and compatible vehicles are currently undergoing road tests in Thailand, and we are developing close cooperation with Velo Labs for our battery bank solutions initiative."

Looking ahead to 2025, Li added, "We are preparing for the commercial launch of our battery-swapping operations in Thailand next year. Multiple Thai businesses have already expressed interest in collaborating with us, and we are confident that U Power's battery-swapping model will establish a strong presence across Thailand and Southeast Asia."

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

U Power and Major Shareholder Chatchaval Jiaravanon Outline Strategic Collaboration for 2025

U Power and Major Shareholder Chatchaval Jiaravanon Outline Strategic Collaboration for 2025

DUBAI, UAE, Jan. 2, 2026 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, is pleased to announce its New Year Edition Daily Treasure Hunt, an exclusive six-week rewards program powering traders to build early momentum heading into 2026.

The New Year special edition Bybit Daily Treasure Hunt comes with early registration and an extended timeline tiding users over from December 30, 2025 all the way to February 9, 2026. A series of highlights spans daily trading tasks to earn points, unlimited daily draws, and grand prizes including BTC, and Bybit VIP Trial Passes.

All Paths Lead to Rewards

To start earning points, eligible Bybit users may register for the event and pick a rewards path based on their trading styles and preferences: 

  • Building Daily Trading Momentum: Traders can earn points through completing daily tasks, starting with trades as small as 10 USDT, with extra rewards for consistency by achieving consecutive trading days.
  • Exploring Bybit for More Points: Engaging with Bybit's product ecosystem and platform features for extra points.
  • Alpha Quests: Embarking on limited-time alpha missions and complete special missions featuring new Bybit products for accelerated point accumulation.

Throughout a treasure-hunting season full of surprises for Bybit's versatile traders, the points earned will convert to tangible value through various reward mechanisms:

  • Unlimited Scratch Cards: 50 points per draw with no daily limits from a pool of 1,000,000 cards
  • Hot Token Rewards: Access to a curated New Year prize pool featuring trending tokens
  • Elite Rewards: High-value rewards including BTC, VIP Trial Passes, and Hot Token airdrops

Getting a headstart in 2026 stands to be both rewarding and fun for traders at Bybit. The special-edition Daily Treasure Hunt aspires to ring in a winning year for Bybit users as they explore the digital asset class and level up their trading skills.

Terms and conditions apply. For details on eligibility and potential restrictions, users may visit: [New Year Edition] Daily Treasure Hunt: Find your alpha

#Bybit / #CryptoArk / #IMakeIt  

About Bybit

Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit's Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

DUBAI, UAE, Jan. 2, 2026 /PRNewswire/ -- Bybit, the world's second-largest cryptocurrency exchange by trading volume, is pleased to announce its New Year Edition Daily Treasure Hunt, an exclusive six-week rewards program powering traders to build early momentum heading into 2026.

The New Year special edition Bybit Daily Treasure Hunt comes with early registration and an extended timeline tiding users over from December 30, 2025 all the way to February 9, 2026. A series of highlights spans daily trading tasks to earn points, unlimited daily draws, and grand prizes including BTC, and Bybit VIP Trial Passes.

All Paths Lead to Rewards

To start earning points, eligible Bybit users may register for the event and pick a rewards path based on their trading styles and preferences: 

  • Building Daily Trading Momentum: Traders can earn points through completing daily tasks, starting with trades as small as 10 USDT, with extra rewards for consistency by achieving consecutive trading days.
  • Exploring Bybit for More Points: Engaging with Bybit's product ecosystem and platform features for extra points.
  • Alpha Quests: Embarking on limited-time alpha missions and complete special missions featuring new Bybit products for accelerated point accumulation.

Throughout a treasure-hunting season full of surprises for Bybit's versatile traders, the points earned will convert to tangible value through various reward mechanisms:

  • Unlimited Scratch Cards: 50 points per draw with no daily limits from a pool of 1,000,000 cards
  • Hot Token Rewards: Access to a curated New Year prize pool featuring trending tokens
  • Elite Rewards: High-value rewards including BTC, VIP Trial Passes, and Hot Token airdrops

Getting a headstart in 2026 stands to be both rewarding and fun for traders at Bybit. The special-edition Daily Treasure Hunt aspires to ring in a winning year for Bybit users as they explore the digital asset class and level up their trading skills.

Terms and conditions apply. For details on eligibility and potential restrictions, users may visit: [New Year Edition] Daily Treasure Hunt: Find your alpha

#Bybit / #CryptoArk / #IMakeIt  

About Bybit

Bybit is the world's second-largest cryptocurrency exchange by trading volume, serving a global community of over 80 million users. Founded in 2018, Bybit is redefining openness in the decentralized world by creating a simpler, open and equal ecosystem for everyone. With a strong focus on Web3, Bybit partners strategically with leading blockchain protocols to provide robust infrastructure and drive on-chain innovation. Renowned for its secure custody, diverse marketplaces, intuitive user experience, and advanced blockchain tools, Bybit bridges the gap between TradFi and DeFi, empowering builders, creators, and enthusiasts to unlock the full potential of Web3. Discover the future of decentralized finance at Bybit.com.

For more details about Bybit, please visit Bybit Press
For media inquiries, please contact: media@bybit.com
For updates, please follow: Bybit's Communities and Social Media

Discord | Facebook | Instagram | LinkedIn | Reddit | Telegram | TikTok | X | Youtube

** The press release content is from PR Newswire. Bastille Post is not involved in its creation. **

New Year Special: Bybit Daily Treasure Hunt Kicks Off 2026 with Six Weeks of Rewards

New Year Special: Bybit Daily Treasure Hunt Kicks Off 2026 with Six Weeks of Rewards

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