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2025 'Shanghai Summer' Launches: Smart City Integration and Multicultural Fusion for Global Visitors

Business

2025 'Shanghai Summer' Launches: Smart City Integration and Multicultural Fusion for Global Visitors
Business

Business

2025 'Shanghai Summer' Launches: Smart City Integration and Multicultural Fusion for Global Visitors

2025-07-09 21:44 Last Updated At:22:05

SHANGHAI, July 9, 2025 Shanghai has rolled out the 2025 "Shanghai Summer" International Consumption Season, featuring over 300 initiatives designed to attract international travelers and stimulate spending, reinforcing its role as a global consumption hub.

From January to June 2025, Shanghai recorded 4.25 million inbound visitors, marking a 38.5% year-on-year increase, with tax-refunded sales for departing travelers surging by 85%. To build on this momentum, the launch ceremony was held on July 4 at the West Bund Grand Theater, announcing ten benchmark activities, nearly 300 key and customised city events, 14 themed products, and two new services designed to enhance visitor experiences.

To leverage the 240-hour visa-free transit policy, China Eastern Airlines is offering one million discounted tickets and 100,000 free half-day tours. Umetrip's multilingual "HiChina" app and Amap's English map will enhance navigation for visitors. Dianping has launched a multilingual "must-eat" list, while Marriott International is providing exclusive summer offers across its 19 brands in Shanghai.

Additionally, China UnionPay launched the "Shanghai Summer" themed UnionPay cards to enhance citywide payments.Visa established its Visa Payment-Friendly Demonstration Zones boosting cashless options. Shanghai Pudong Development Bank and the Jiushi Group's upgraded Shanghai Pass will support seamless transactions and travel within the city. Two dedicated services, including tax refund services in 14 languages and the "Easy Go" one-stop platform via Alipay International, will further enrich the travel experience.

300+ Customised City Events:
Shanghai will roll out diverse city experiences, from riverside walks to local pop culture and art festivals. Highlights include POP MART "POP SUMMER"IP-themed events, Van Cleef & Arpels' "Poetry of Time" Exhibition, LI-NING Streetball League, Yuyuan's "Fantasy Summer Night," MAP's "Shanghai Star" cruise, and the "Wind & Waves" performance season at West Bund Grand Theater.

Ten Benchmark Activities:
Shanghai will host a range of international sports, cultural, and lifestyle events. Notable highlights include the Rolex Shanghai Masters (ATP1000) on September 29, the FISE World Series • Shanghai in October, the Shanghai Tourism Festival Vacation Summer from July 5 to August 31, and the Shanghai Disney Resort's "Pixar Wonder" immersive exhibition. Cultural activities include the Shanghai MISA Music Festival, Shanghai International Light Festival, and the Shanghai Summer International Anime Month, while the SS2026 Shanghai Fashion Week will bring together over 80,000 industry professionals and global guests.

Through "Shanghai Summer," the city is strengthening its positioning as a vibrant, international hub for culture, sports, and lifestyle, while driving inbound consumption and tourism.

Media Contact:
Lu, +447463077291
media@shanghaisummer.com

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

2025 'Shanghai Summer' Launches: Smart City Integration and Multicultural Fusion for Global Visitors

2025 'Shanghai Summer' Launches: Smart City Integration and Multicultural Fusion for Global Visitors

TAIPEI, Dec. 31, 2025 /PRNewswire/ -- ARTERY Technology (Cayman) Corporation (Stock Code: 6907; hereinafter referred to as "ARTERY-KY"), a leading designer of 32-bit microcontrollers (MCUs), is scheduled to be listed on the Taipei Exchange (TPEx) under the Semiconductor Industry category in January 2026. The Company held its first pre-IPO investor conference on December 30 (Tuesday) at the Grand Hyatt Taipei, where it presented its competitive strengths and future business outlook to investors.

As a subsidiary of Faraday Technology, ARTERY-KY focuses on the development of high-end 32-bit MCUs. Leveraging ARM® Cortex®-M4 cores with an industry-leading maximum clock speed of up to 288 MHz, the Company delivers exceptional performance. In addition to successfully entering the supply chains of leading global brands, ARTERY-KY has established itself as a key contributor in the China market through localized technical advantages, serving as an important partner in regional supply chain transformation.

ARTERY-KY possesses comprehensive technical capabilities spanning core architecture design to application integration. Its end-market applications cover a wide range of fields, including industrial and motor control, consumer electronics, commercial applications, and vertical industries such as medical, IoT, communications, and automotive electronics. With strengths in high performance, low power consumption, superior integration, and high cost-effectiveness, the Company continues to expand into emerging applications such as drones, robotics, and edge AI, demonstrating strong market competitiveness and growth momentum.

In terms of financial performance, ARTERY-KY recorded revenue of NT$1.635 billion in 2024, representing a year-on-year increase of over 60%, with earnings per share (EPS) of NT$1.67. Revenue for the first three quarters of 2025 reached NT$1.234 billion, maintaining a high level and setting a new historical high for the same period, indicating that the Company has emerged from the inventory adjustment cycle. With continued optimization of its product mix, gross margin rebounded significantly to 33.84%. Net profit after tax for the first three quarters totaled NT$70.52 million, with basic EPS of NT$1.38, marking a 56% year-on-year increase and reflecting solid profitability. As multiple new application projects enter mass production and major customer orders continue to grow steadily, the market expects further optimization of the product portfolio in 2026, driving simultaneous growth in revenue and earnings.

Looking ahead, ARTERY-KY has outlined three major growth strategies. First, it will establish a comprehensive MCU foundation spanning M0 to M85 to build a highly compatible ecosystem. Second, it will expand its ASIC-based customized MCU services to help customers rapidly develop application-specific chips. Finally, the Company will aggressively pursue edge AI opportunities by collaborating with UMC and Faraday Technology, utilizing the most advanced 28-nanometer embedded Flash process to develop an intelligent inference platform. Through a strategy focused on breadth, depth, and forward-looking innovation, ARTERY-KY aims to fully activate its semiconductor growth engine.

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

Emerging MCU Force ARTERY-KY to Be Listed on TPEx in January 2026, Driving High-Performance Growth Through MCU, Customization, and Edge AI

Emerging MCU Force ARTERY-KY to Be Listed on TPEx in January 2026, Driving High-Performance Growth Through MCU, Customization, and Edge AI

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