Tanglong International Hotel-Tourism news

Yumeya Metal Wood Grain Restaurant Chairs Protect European Furniture Importers From 4% EUDR Revenue Fines Through Zero Deforestation Innovation

HESHAN, China, March 24, 2026 /PRNewswire/ -- The global furniture supply chain is entering a period of enforced transparency that many European importers are currently ill-prepared to handle. As the 2026 implementation of the European Union Deforestation Regulation (EUDR) approaches, Yumeya Furniture has introduced strategic, compliance-ready solution to ease regulatory pressure. By leveraging its pioneering metal wood grain technology, the company is helping European furniture importers and hospitality groups navigate the financial risks associated with timber traceability while establishing a new benchmark for sustainable contract furniture. European restaurateurs have long adored the rustic charm of solid wood seating, but Brussels is now handing them a rather expensive reality check. The EUDR mandates total supply chain transparency, requiring importers to prove their timber products are entirely free from deforestation through mandatory due diligence statements. Those failing to provide exact geolocation coordinates face regulatory fines reaching up to 4% of their annual turnover. For major furniture distributors, this policy turns traditional wooden chairs from premium hospitality assets into severe compliance liabilities. 100% Recyclable. Zero Deforestation.Yumeya’s metal wood grain chairs offer European venues a premium look while entirely bypassing EUDR traceability mandates. Faced with mounting paperwork and the threat of crippling penalties, European buyers are searching for viable alternatives. Yumeya Furniture offers an elegant escape route through its metal wood grain technology. The manufacturer produces commercial seating that mirrors the exact look and texture of solid timber while using high strength aluminum and steel frames. By decoupling luxury aesthetics from forest dependency, Yumeya's metal-based infrastructure offers a frictionless transition into the EUDR era. "The commercial furniture industry is at a crossroads where tradition meets a legal wall," says Mr. Gong, founder of Yumeya, "Solid wood is becoming a high-risk liability due to the complexity of timber sourcing. Yumeya metal wood grain chairs offer a practical exit from this crisis, providing the warmth of wood with the legal immunity of high-grade metal." The environmental mathematics driving this shift are stark. Manufacturing a standard batch of 100 high-end solid wood dining chairs typically requires felling half a dozen century old European beech trees. This scale of logging wipes out the annual growth of an entire hectare of forest. Yumeya's manufacturing process relies on a specialized heat transfer technique that bonds wood grain patterns to metal surfaces. The result provides the hospitality sector with natural aesthetics while leaving the forests untouched, giving corporate buyers a concrete metric to include in their annual environmental and social governance reports. Switching to metal is not only about reducing pressure on forest resources. It is also a more practical materials strategy for long-term sustainability. Yumeya uses aluminum and steel frames that deliver the same warm wood appearance without depending on timber supply. When the chairs eventually reach the end of their service life, the metal materials can be recycled and returned to industrial use instead of being sent to landfill. For hospitality groups, this provides the hard data needed for ESG reporting—something that wood supply chains, with their complex chemical treatments, struggle to deliver. The economic case is built on durability. Wood is an organic material that constantly reacts to changes in humidity and temperature. In high-traffic commercial environments, wooden chairs often wobble or creak as joints loosen and seams age, usually requiring replacement within five years. Yumeya eliminates this structural fatigue with fully welded frames that are engineered for a decade of service. In practical terms, a restaurant owner avoids an entire round of replacement furniture over a ten-year period. Purchasing twice instead of three times over a decade-long cycle cuts procurement budgets and removes the hidden drain of ongoing structural maintenance. This technical maturity is the result of decades of quiet refinement. Mr. Gong first applied wood grain finishes to metal frames in 1998. The company has continually advanced the science of surface treatment since those early trials. By 2018, they introduced a 3D finish that accurately mimics the tactile grain of natural timber. More recently, in 2022, they adapted the process for outdoor patios, solving the perennial problem of weather faded exterior furniture. As the 2026 EUDR enforcement deadline approaches, the European contract furniture market must adapt to survive. Relying on solid wood now carries an unprecedented financial and ecological cost. Yumeya demonstrates that protecting profit margins and preserving global forests can be achieved simultaneously. About Yumeya Furniture Yumeya Furniture is a world-leading manufacturer of metal wood grain contract furniture. With successful cases in over 80 countries and a mission to bring environment-friendly seating to the world, Yumeya combines 25 years of technical mastery with a commitment to $0 after-sale costs and 10-year structural warranties. For more information, please visit: https://www.yumeyafurniture.com/ Media Contact:Company: Heshan Yumeya Furniture Co., LtdEmail: info@youmeiya.netWhatsapp: +86 15219693331Address: Zhennan Industry, Heshan City, Guangdong Province, China.

2026-03-25

KUKA HOME Launches Spring 2026 Flagship Collection of Intelligent Products

HANGZHOU, China, March 24, 2026 /PRNewswire/ -- KUKA HOME, a global home furnishings manufacturer, held its spring 2026 flagship intelligent product launch under the theme "POWER IN EVOLUTION, INTELLIGENCE IN RENEWAL" on March 19 in Hangzhou, China. KUKA HOME is committed to providing global consumers with high-quality craftsmanship, cutting-edge design, ultimate comfort, and diverse, integrated whole-home solutions. It is also taking a key step to reach younger generation consumers. At the event, Wu Lei was named KUKA HOME iJoy Global Brand Ambassador. As the home furnishing market enters a more sophisticated phase where consumers increasingly prioritize quality and personalized comfort experiences, the industry is steadily evolving toward intelligent integration and design-driven empowerment. KUKA HOME, consistently attuned to user needs, is responding to consumers' growing expectations for enhanced comfort through its smart, innovative products. Intelligent flagship series: elevating comfort in every space KUKA HOME's spring collection brings together intelligent products designed to enhance comfort throughout the home. All products feature InSense™ smart control, putting intuitive comfort at the fingertips through a mini program and external remote, keeping comfort within easy reach. Lunar Aura M8 Plus Smart Mattress: Features WiseWave™ technology with a 12+12 AirSupport™ airbag system that adjusts 5 times faster than conventional models. It includes 12 smart pressure relief modes, millisecond-responsive sensors for dynamic adjustment, and automated snoring reduction. Hertz S9 Smart Sofa: Features the DeepBreath™ massage technology, which mimics the natural rhythm of deep breathing through the coordinated inflation and deflation of airbags to gently soothe the neck and back. Paired with a self-developed K-TRON® Space D mechanism, the design achieves a zero-gravity position where the knees are elevated slightly above the heart, creating an optimal heart-knee balance state. Combined with Cloudfloat™ foam, the sofa delivers 42% more support than standard cushioning under varying weights. Celestial Dream Upholstered Bed Pro: Incorporates a 108° golden reclining angle and the Gentherm® pneumatic massage system, featuring 6.8mm ultra-thin airbags for quiet operation. The exterior uses AirClean leather, which is formaldehyde-free with a 99% antibacterial rate. Azure Cloud Smart Recliner: Offered in eight colors for versatile styling, this model features a slim, space-saving design that occupies 31% less volume than standard electric recliners. It is equipped with the K-TRON® Space-B zero-gravity iron mechanism, supporting three zero-pressure angles and a 180cm functional extension to prevent lumbar gaps. Innovation Without Limits: becoming the top choice for quality living KUKA HOME operates a global manufacturing network of 16 bases and 9 R&D centers. This infrastructure integrates lean, digital manufacturing with a localized supply chain to drive continuous innovation. To expand its international footprint, the brand is actively launching OBM flagship stores across India, Vietnam, Thailand, Uzbekistan, Kazakhstan, and Hong Kong, China. To strengthen global growth, the company is broadening its distribution channels through regional conferences and local exhibitions, focusing on building localized operational expertise. Leveraging in-depth industry trend analysis to stay ahead of key developments, including the evolution of smart home technology, the adoption of sustainable materials, rising demand for personalized customization, and advances in efficient manufacturing, KUKA HOME integrates the insights with highly cost-effective design and production to offer a diverse portfolio of top-selling products, ranging from sofas and chairs to beds and customized wardrobes, all tailored to meet the evolving needs of global consumers. Looking ahead, KUKA HOME will continue to advance its strategy of retail transformation, global expansion, quality-driven supply, and efficiency-led growth. Backed by a strong global supply chain and innovation ecosystem, the brand will thoughtfully apply smart technology across its products, elevating everyday living and meeting the growing aspirations for a higher quality of life, poised to lead the global furniture industry toward a smarter, more comfortable, and deeply human-centric future. For more information, please visit https://en.kukahome.com/welcome.html Instagram: https://www.instagram.com/kukahome_official Facebook: https://www.facebook.com/kukahomefurniture

2026-03-25

LightInTheBox Reports Fourth Quarter and Full Year 2025 Financial Results

Record Full year Profit of $8.3 millionRecord Quarterly Profit of $3.3 MillionDelivers Seventh Consecutive Profitable QuarterRegains Quarterly Revenue Growth SINGAPORE, March 24, 2026 /PRNewswire/ -- LightInTheBox Holding Co., Ltd. (NYSE: LITB) ("LightInTheBox" or the "Company"), a global consumer lifestyle company, today announced its unaudited financial results for the fourth quarter and full year ended December 31, 2025. Fourth Quarter 2025 Financial Highlights Total Revenues were $63.0 million, a 9% increase year over year, compared to a 34% decline in the first quarter of 2025, a 15% decrease in the second quarter of 2025 and a 3% decrease in the third quarter of 2025, marking renewed top-line growth. Gross Profit was $39.3 million, compared with $33.9 million in the same quarter last year. Gross Margin improved to 62.5% from 58.7% in the same quarter last year, driven by higher-margin proprietary product lines and bespoke offerings like print-on-demand apparel. Operating Expenses were $36.0 million, compared with $33.3 million in the same quarter last year. Fulfillment Expenses increased by 7% year over year to $4.3 million. Selling and Marketing Expenses increased by 15% year over year to $26.6 million. General and Administrative Expenses decreased by 15% year over year to $5.3 million, of which Research and Development expenses were $2.5 million. Net Income reached $3.3 million, compared with $0.5 million in the same quarter last year, marking record quarterly profit since 2022 and sustained profitability amidst industry challenges. Adjusted EBITDA was $3.7 million, compared with $1.0 million in the same quarter last year. Full Year 2025 Financial Highlights Total Revenues were $224.3 million, a 12% decrease year over year, primarily due to the Company's pivot to focus on profitability in a highly competitive e-commerce environment, with declines moderating significantly from the first quarter of 2025 to the third quarter of 2025, and the fourth quarter regaining positive growth. Gross Profit was $145.9 million, compared with $153.5 million in 2024. Gross Margin improved to 65.0% from 60.1% in 2024, the highest level since becoming a public company in 2013, driven by the successful introduction of higher-margin proprietary product lines. Operating Expenses decreased by 11% year over year to $137.9 million, mainly attributable to reduced revenue and enhanced cost management. Fulfillment Expenses decreased by 12% year over year to $16.6 million. Selling and Marketing Expenses decreased by 8% year over year to $102.5 million. General and Administrative Expenses decreased by 24% year over year to $19.6 million, of which Research and Development expenses were $10.3 million. Net Income reached $8.3 million, a record level since 2022, compared with a loss of $2.5 million in 2024, showcasing remarkable profitability turnaround. Adjusted EBITDA was $9.9 million, compared with a loss of $0.1 million in 2024. "We are very pleased to report excellent results for the fourth quarter and full year 2025, which marked our successful transformation into a global consumer lifestyle company," commented Jian He, CEO of LightInTheBox. "We have engineered a remarkable business turnaround by achieving seven consecutive profitable quarters, with the latest quarterly revenue regaining positive year-over-year growth and profit reaching a record high. Our strategy of evolving the LightInTheBox online platform into a consumer lifestyle company is clearly working. By capturing consumer preferences and sentiment, we offer differentiated products that drive consumer engagement through deep emotional resonance". "The LightInTheBox online platform focuses on festivals, holidays, and special occasions, offering highly customized, non-standard products that address consumers' sentimental and lifestyle requirements rather than purely functional needs, thus allowing us to command premium pricing. To further complement and strengthen our positioning as a consumer lifestyle company, we adopted a brand matrix strategy by launching three proprietary apparel brands successively since 2024 in women's fashion, golf apparel and light party dress. These brands build around the social attributes of women aged 30 and above, delivering emotional value and a more relaxed, enjoyable lifestyle experience across scenarios such as vacations, social golf, and parties". "Together, the LightInTheBox online business and the new brands create powerful synergies, tugging on heartstrings and forging emotional connections with our core customers. Such two-pronged unified approach towards consumer lifestyle positioning has yielded great results. Our branded apparel business grew over 143% in 2025 and already accounted for 17% of total revenue in 2025. We achieved a full-year gross margin of 65%, the highest level since becoming a public company in 2013, along with positive operating cash flow of $6.2 million. In addition, we have fully embraced AI to capture the real-time market trend and drive operational efficiency across all aspects of our business. End to end AI automation has contributed to a workforce optimization of 58% since 2023. Looking ahead to 2026, we remain committed in our continued transformation to becoming a global consumer lifestyle company and are confident in our ability to deliver overall revenue and profit growth," Mr. He concluded. Share Repurchase Program On March 31, 2025, the Company's board of directors authorized a share repurchase program under which the Company may repurchase up to $0.7 million of its ordinary shares in the form of ADSs no later than June 30, 2025. The Company has since extended the share repurchase program through December 31, 2025, then further to June 30, 2026, with total repurchase amount up to $3.0 million. As of March 20, 2026, the Company has repurchased 502,280 ADSs with a total aggregate value of approximately $1.1 million. Conference Call The Company will hold an earnings conference call to discuss the results at 8:00 a.m. Eastern Time on March 24, 2026 (8:00 p.m. Hong Kong/Singapore Time on the same day). Preregistration Information Participants can register for the conference call by going to https://s1.c-conf.com/diamondpass/10053714-at7ro6.html . Upon registration, participants will receive dial-in numbers, an event passcode, and a unique access PIN. To join the conference, simply dial the number in the calendar invite you receive after preregistering, enter the event passcode followed by your unique access PIN, and you will be connected to the conference instantly. A telephone replay will be available two hours after the conclusion of the conference call through March 31, 2026. The dial-in details are: US/Canada: +1-855-883-1031Singapore: 800-101-3223Hong Kong, China: 800-930-639Replay PIN: 10053714 Additionally, a live and archived webcast of the conference call will be available on the Company's Investor Relations website at https://ir.ador.com. About LightInTheBox Holding Co., Ltd. Founded in 2007, LightInTheBox is a global direct-to-consumer (DTC) e-commerce company dedicated to delivering a joyful lifestyle to consumers worldwide. Leveraging AI-driven market insights and agile supply chain systems, it aims to capture consumer preferences and sentiment to offer differentiated products, driving consumer engagement through deep emotional resonance. LightInTheBox also adopts a brand matrix strategy by launching its own apparel brands such as Ador to further strengthen its position as a consumer lifestyle company. Additionally, LightInTheBox offers a comprehensive suite of services to e-commerce companies, including advertising, supply chain management, payment processing, order fulfillment, and shipping and delivery solutions. For more information, please visit https://ir.ador.com. Non-GAAP Financial Measure In evaluating the business, the Company considers and uses a non-GAAP measure, Adjusted EBITDA, as a supplemental measure to review and assess operating performance. The presentation of this non-GAAP financial measure is not intended to be considered in isolation or as a substitute for the financial information prepared and presented in accordance with accounting principles generally accepted in the United States of America ("U.S. GAAP"). The Company's non-GAAP financial measure excludes share-based compensation expenses, depreciation and amortization expenses, interest income, interest expenses and income tax benefit / (expense). The Company presents this non-GAAP financial measure because it is used by management to evaluate operating performance and formulate business plans. The Company believes that the non-GAAP financial measure helps identify underlying trends in its business. The Company also believes that the non-GAAP financial measure could provide further information about the Company's results of operations and enhance the overall understanding of the Company's past performance and future prospects. The non-GAAP financial measure is not defined under U.S. GAAP and is not presented in accordance with U.S. GAAP. The non-GAAP financial measure has limitations as an analytical tool. The Company's non-GAAP financial measure does not reflect all items of income and expenses that affect the Company's operations and does not represent the residual cash flow available for discretionary expenditures. Further, the non-GAAP measure may differ from the non-GAAP information used by other companies, including peer companies, and therefore their comparability may be limited. The Company compensates for the limitations by reconciling the non-GAAP financial measure to the nearest U.S. GAAP performance measure, all of which should be considered when evaluating performance. The Company encourages you to review the Company's financial information in its entirety and not rely on a single financial measure. For more information on the non-GAAP financial measure, please see the table captioned "Unaudited Reconciliations of GAAP and Non-GAAP Results" set forth at the end of this press release. Safe Harbor Statement This press release contains forward-looking statements that involve risks and uncertainties. These statements are made under the "safe harbor" provisions of the U.S. Private Securities Litigation Reform Act of 1995. These forward-looking statements can be identified by terminology such as "will," "expects," "anticipates," "future," "intends," "plans," "believes," "estimates," "potential," "continue," "ongoing," "targets" and similar statements. Among other things, statements that are not historical facts, including statements about LightInTheBox's beliefs and expectations, the business outlook and quotations from management in this announcement, as well as LightInTheBox's strategic and operational plans, are or contain forward-looking statements. LightInTheBox may also make written or oral forward-looking statements in its periodic reports to the U.S. Securities and Exchange Commission (the "SEC"), in press releases and other written materials and in oral statements made by its officers, directors or employees to third parties. Forward-looking statements involve inherent risks and uncertainties. A number of factors could cause actual results to differ materially from those contained in any forward-looking statement, including but not limited to the following: LightInTheBox's goals and strategies; LightInTheBox's future business development, results of operations and financial condition; the expected growth of the global online retail market; LightInTheBox's ability to attract customers and further enhance customer experience and product offerings; LightInTheBox's ability to strengthen its supply chain efficiency and optimize its logistics network; LightInTheBox's expectations regarding demand for and market acceptance of its products; competition; fluctuations in general economic and business conditions; changes in tariffs and trade policies; and assumptions underlying or related to any of the foregoing. Further information regarding these and other risks is included in LightInTheBox's filings with the SEC. All information provided in this press release and in the attachments is as of the date of this press release, and LightInTheBox does not undertake any obligation to update any forward-looking statement, except as required under applicable law. Investor Relations Contact Investor RelationsLightInTheBox Holding Co., Ltd.Email: ir@ador.com Serena HuangOctans Capital GroupEmail: Serena.huang@octanscap.com LightInTheBox Holding Co., Ltd. Unaudited Condensed Consolidated Balance Sheets (U.S. dollars in thousands, or otherwise noted) As of December 31, As of December 31, 2024 2025 ASSETS Current Assets Cash and cash equivalents 17,945 23,629 Restricted cash 1,800 2,319 Accounts receivable, net 976 1,355 Inventories 3,641 4,943 Prepayments and other current assets, net 2,610 1,884 Total current assets 26,972 34,130 Property and equipment, net 2,185 1,313 Intangible assets, net 2,745 2,180 Goodwill 26,663 27,800 Operating lease right-of-use assets 9,930 6,068 Long-term rental deposits 806 434 Long-term investments 73 77 TOTAL ASSETS 69,374 72,002 LIABILITIES AND SHAREHOLDERS' DEFICIT Current Liabilities Short-term borrowings 685 715 Accounts payable 10,378 12,309 Advance from customers 8,357 9,194 Operating lease liabilities 4,047 2,818 Accrued expenses and other current liabilities 54,091 48,956 Total current liabilities 77,558 73,992 Operating lease liabilities 4,780 1,886 Deferred tax liabilities 101 107 Unrecognized tax benefits 107 - TOTAL LIABILITIES 82,546 75,985 SHAREHOLDERS' DEFICIT Ordinary shares 17 17 Additional paid-in capital 282,766 280,646 Treasury shares (30,880) (29,392) Statutory reserves 390 396 Accumulated other comprehensive loss (3,265) (1,723) Accumulated deficit (262,200) (253,927) TOTAL SHAREHOLDERS' DEFICIT (13,172) (3,983) TOTAL LIABILITIES AND SHAREHOLDERS' DEFICIT 69,374 72,002 LightInTheBox Holding Co., Ltd. Unaudited Condensed Consolidated Statements of Operations (U.S. dollars in thousands, except per share data, or otherwise noted) Three Months Ended December 31, Twelve Months EndedDecember 31, 2024 2025 2024 2025 Revenues Product sales 55,093 60,797 243,700 215,775 Services and others 2,657 2,163 11,587 8,540 Total revenues 57,750 62,960 255,287 224,315 Cost of revenues Product sales (22,711) (23,185) (98,926) (76,683) Services and others (1,122) (431) (2,869) (1,756) Total Cost of revenues (23,833) (23,616) (101,795) (78,439) Gross profit 33,917 39,344 153,492 145,876 Operating expenses Fulfillment (4,016) (4,292) (18,932) (16,593) Selling and marketing (23,135) (26,614) (111,919) (102,498) General and administrative (6,189) (5,281) (25,735) (19,562) Other operating income, net 48 198 876 743 Total operating expenses (33,292) (35,989) (155,710) (137,910) Income / (loss) from operations 625 3,355 (2,218) 7,966 Interest income 3 1 90 7 Interest expense - (4) - (17) Other (expense) / income, net (220) 3 (400) 262 Total other (expense) / income (217) - (310) 252 Income / (loss) before income taxes 408 3,355 (2,528) 8,218 Income tax benefit / (expense) 44 (46) 39 61 Net income / (loss) 452 3,309 (2,489) 8,279 Net income / (loss) attributable to LightInTheBox Holding Co., Ltd. 452 3,309 (2,489) 8,279 Weighted average numbers of shares used in calculating net income / (loss) per ordinary share -Basic 220,658,110 217,505,592 221,126,969 219,414,228 -Diluted 221,012,821 217,658,394 221,126,969 219,574,568 Net income / (loss) per ordinary share -Basic 0.00 0.02 (0.01) 0.04 -Diluted 0.00 0.02 (0.01) 0.04 Net income / (loss) per ADS (12 ordinary shares equal to 1 ADS) -Basic 0.02 0.18 (0.14) 0.45 -Diluted 0.02 0.18 (0.14) 0.45 LightInTheBox Holding Co., Ltd. Unaudited Reconciliations of GAAP and Non-GAAP Results (U.S. dollars in thousands, or otherwise noted) Three Months Ended December 31, Twelve Months Ended December 31, 2024 2025 2024 2025 Net income / (loss) 452 3,309 (2,489) 8,279 Less: Interest income 3 1 90 7 Interest expense - (4) - (17) Income tax benefit / (expense) 44 (46) 39 61 Depreciation and amortization (510) (322) (2,198) (1,601) EBITDA 915 3,680 (420) 9,829 Less: Share-based compensation (49) (5) (345) (92) Adjusted EBITDA* 964 3,685 (75) 9,921 * Adjusted EBITDA represents net income / (loss) before share-based compensation expense, interest income, interestexpense, income tax benefit / (expense) and depreciation and amortization expenses.

2026-03-25

HOTO Tops Fast Company's 2026 Most Innovative Companies List in Consumer and Household Goods

SHANGHAI, March 24, 2026 /PRNewswire/ -- HOTO, short for "home tools," an international brand dedicated to integrating industrial design philosophy into modern household tools, today announced it has been ranked first in the Consumer and Household Goods category on Fast Company's 2026 Most Innovative Companies list. Recognized for its design-led approach, HOTO reimagines everyday tools by prioritizing simplicity, intuitive usability, and purposeful functionality to elevate the modern household experience. The World's Most Innovative Companies is Fast Company's hallmark franchise and one of its most anticipated editorial efforts of the year. To determine honorees, Fast Company's editors and writers review companies driving progress around the world and across industries, evaluating thousands of submissions through a competitive application process. The result is a globe-spanning guide to innovation today, from early-stage startups to some of the most valuable companies in the world. "Our list of the Most Innovative Companies is about spotlighting organizations that don't just adapt to change—they drive it," said Brendan Vaughan, editor-in-chief of Fast Company. HOTO's recognition reflects a holistic rethinking of what tools are and what they can be. The company is expanding the very definition of tools, moving beyond traditional, single-purpose hardware toward a broader and more connected product experience. By combining intuitive interaction with considered design and engineering, HOTO is making tools more accessible and approachable to a wider and more diverse generation of users. This approach is closely aligned with shifting lifestyles and cultural expectations. As living spaces become more compact and multifunctional, HOTO responds with tools that are thoughtfully designed for flexibility and longevity. At the same time, the brand is reshaping how people perceive their own ability to create, lowering the barrier to entry and encouraging more individuals to imagine themselves repairing, building, and engaging in hands-on activities in everyday life. "We're honored to be recognized by Fast Company as the No. 1 in the Consumer and Household Goods category on Fast Company's 2026 Most Innovative Companies list," said Lidan Liu, CEO of HOTO. "At HOTO, innovation has never been about adding more, but about refining what truly matters, bringing precision, clarity, and thoughtful design into everyday tools. This recognition reflects our belief that even the most familiar objects can be reimagined, and reinforces our commitment to continue shaping a more considered and design-driven future for the category." In 2026, HOTO will continue to place innovation at the center of its strategy, guiding how the company designs products, builds communities, and expands its global reach. The brand is expanding access to tools that make creation more approachable for a broader and more diverse audience. HOTO has steadily grown its international presence, with products now available through leading retail partners including Costco, Walmart, Sam's Club, Canadian Tire, and MoMA, reaching thousands of retail locations worldwide. In parallel, HOTO is also investing in the future of design. The company has partnered with leading institutions and initiatives to support emerging designers and engineers, reflecting its belief that the next generation of creators will play a critical role in shaping how everyday tools evolve. About HOTO Founded in 2016, HOTO—short for home tools—is a design-driven home tool brand guided by the philosophy "Smarter by Design." With products sold in more than 56 countries and protected by 100+ global patents, HOTO has earned more than 70 international design awards, including multiple iF Design Awards and Red Dot Design Awards. In 2026, HOTO further demonstrated its commitment to design as a force for better living by sponsoring the iF Design Student Award, supporting the next generation of designers while continuing to create intuitive, thoughtfully designed tools that make everyday home care easier and more precise. ABOUT FAST COMPANY Fast Company is the only media brand fully dedicated to the vital intersection of business, innovation, and design, engaging the most influential leaders, companies, and thinkers on the future of business. Headquartered in New York City, Fast Company is published by Mansueto Ventures LLC, along with fellow business publication Inc. For more information, please visit fastcompany.com. HOTO Tops Fast Company’s 2026 Most Innovative Companies List in Consumer and Household Goods

2026-03-25

Tineco Introduces Spring Cleaning Lineup Designed for Modern Living

Smart floor care solutions simplify seasonal refresh with powerful, efficient cleaning SEATTLE, March 24, 2026 /PRNewswire/ -- Spring is the perfect time to hit reset at home, especially when it comes to the floors. After months of winter mess from tracked-in dirt and salt to pet hair and allergens, a deep clean can help create a fresher, healthier space. With busy households looking for smarter ways to maintain their homes, Tineco is introducing its spring cleaning lineup of intelligent floor care solutions designed to simplify everyday cleaning and deliver professional-level results with less effort. Built for modern living, Tineco products combine vacuuming and washing into one seamless step, helping homeowners save time while keeping floors spotless. Leading the lineup are Tineco's advanced smart floor washers, including the FLOOR ONE S7 Stretch Steam, FLOOR ONE S9 Artist Steam, and FLOOR ONE S9 Master. Instead of vacuuming first, then mopping, and waiting for floors to dry, these innovative cleaners vacuum and wash at the same time. The result is a faster, more efficient clean that leaves hard floors looking polished and refreshed. Tineco Introduces Spring Cleaning Lineup Designed for Modern Living From March 25–31, shoppers can take advantage of limited-time Amazon promotions across the lineup. The FLOOR ONE S7 Stretch Steam is available for $499 (regularly $699, 29% off), while the FLOOR ONE S9 Artist Steam is offered at $699 (regularly $949, 26% off). The FLOOR ONE S9 Master is available for $599 (regularly $749, 20% off). Among them, the S9 Artist Steam has already earned recognition from the Good Housekeeping team for its thoughtful design and performance. Designed to address the realities of modern housekeeping, it delivers practical, efficient cleaning solutions that adapt seamlessly to a variety of home environments- from busy kitchens to high-traffic living areas - making it a standout choice for today's multitasking households. Spring also brings an increase in pollen, dust, and pet dander, often trapped deep within carpets and upholstery. The PURE ONE Station 5 Pro cordless vacuum helps tackle seasonal allergens with intelligent technology that automatically adjusts suction power based on the level of debris detected. Its lightweight cordless design makes it easy to move throughout the home, while a self-emptying station means less maintenance and more convenience for everyday cleaning. During the March 25–31 promotion, it will be available for $419 (regularly $599, 30% off). Refreshing carpets is another essential step in the spring reset. A longtime favorite, the Carpet One Cruiser smart carpet cleaner helps restore high-traffic areas with powerful cleaning performance while accelerating drying time. Faster drying not only means quicker results but also helps prevent mold and mildew growth, keeping carpets fresh and ready for guests. The Carpet One Cruiser will also be included in the March 25–31 promotion, priced at $489 (regularly $699, 30% off). With innovative features and a focus on real-life cleaning needs, Tineco's spring lineup reflects the brand's commitment to smarter home care solutions that support modern lifestyles - making it easier than ever for households to refresh their spaces for the new season and achieve cleaner, healthier floors without adding extra steps to the cleaning routine. All U.S. media inquiries related to Tineco marketing and communications may be directed toTinecoMedia@SwerveStrategic.com. About Tineco Tineco ("tin-co") was founded in 1998 with its first product launch as a vacuum cleaner and, in 2019, pioneered the first-ever smart vacuum. Today, the brand has evolved into a global leader in intelligent appliances spanning floor care, kitchen, and personal care categories. With a growing user base of over 23 million households and availability in approximately 30 countries worldwide, Tineco remains committed to its brand vision of making life easier through smart technology and continuous innovation. For more information, visit https://us.tineco.com/.

2026-03-25

Gaming Peripheral Brand DAREU Launches U.S. TikTok Shop for 20th Anniversary

COOL 68 magnetic keyboard and A950GM mouse lead brand upgrade as esports and social commerce expand LOS ANGELES, March 24, 2026 /PRNewswire/ -- Global gaming peripherals manufacturer DAREU celebrates its 20th anniversary with a brand upgrade. The company also launches its official U.S. storefront on TikTok, expanding its reach to American gamers. DAREU TIKTOK SHOP LAUNCHES This move coincides with continued growth in the global esports market. According to Newzoo, esports audiences are projected to exceed 640 million viewers in the coming years, while demand for high-performance gaming peripherals rises alongside competitive and content-driven gaming culture. Social commerce is rapidly becoming a key channel for consumer electronics brands. With in-app video discovery and direct purchasing, TikTok allows hardware companies to connect with younger audiences and gaming creators more efficiently. Magnetic Keyboards: A New Trend Magnetic switch systems, also called Hall-effect keyboards, use sensors to detect key actuation, enabling adjustable actuation points and rapid trigger functionality. Keys reset instantly, offering faster input for competitive games such as FPS and tactical esports titles. As part of its anniversary lineup, DAREU introduces the COOL 68 magnetic keyboard, featuring rapid trigger functionality, customizable actuation, and a compact layout suitable for modern gaming setups. New Products for Players Alongside the COOL 68, the company launches the A950GM gaming mouse, equipped with the PixArt 3395 sensor and a lightweight wireless design for competitive gameplay. Both products are available through the newly launched DAREU US Shop on TikTok, where players can discover them via creator reviews, setup showcases, and gameplay demonstrations. "Gamers increasingly discover hardware through creators and short-form content," said a DAREU spokesperson. "Our TikTok Shop brings products directly to the communities shaping gaming culture today." 20-Year Evolution Founded in 2006, DAREU has spent two decades developing keyboards, mice, and accessories for global markets. Its integrated design, R&D, and manufacturing capabilities enable proprietary technologies at scale. The TikTok store launch marks an early step in DAREU's broader strategy, expanding internationally and engaging a new generation of competitive and casual gamers. Consumers can discover the store by searching "DAREU USA SHOP" on TikTok. About DAREU Founded in 2006, DAREU is a global gaming peripherals brand specializing in keyboards, gaming mice, and esports accessories. With over 20 years of design and manufacturing experience, the company delivers hardware for competitive players and gaming enthusiasts worldwide. For more information, visit www.dareu.com

2026-03-25

Chinese, German creatives spotlight cultural ties at China Fashion Week

BEIJING, March 24, 2026 /PRNewswire/ -- This is a report from China.org.cn: A China-Germany cultural exchange event was held at Beijing's 798-751 Art District on March 21, as part of the ongoing China Fashion Week (Spring) 2026. The "Zeitgeist | Sino-German Theme Day" brought together industry representatives, designers and academics to promote deeper bilateral dialogue and cooperation in culture and design. It was jointly organized by China Fashion Week, the German Society for Intangible Cultural Heritage and Applied Design (GIKG) and Taiji Platform International (TPI). Zhang Shen, co-founder of TPI, said the geographical distance and differences in language, culture and business logic between China and Germany make such exchanges particularly meaningful. He described TPI's role as a "cultural ferryman" that facilitates "commercial transcreation," a process he said involves translating not only language but also values and emotions to help both sides better understand each other. According to Zhang, the goal is to bring Germany's long-standing craftsmanship tradition to Chinese consumers as a quality lifestyle, while presenting Chinese aesthetics to a global audience through fashion. Xie Fangming, vice chairman of the China Fashion Association, highlighted the complementary strengths of the two countries. He noted that China's millennia-old intangible cultural heritage and refined Eastern aesthetics align well with Germany's rigorous craftsmanship and innovation-driven approach. He said both sides share common ground in cultural preservation and sustainable development, adding that such dialogue offers an opportunity to transform traditional heritage into contemporary design inspiration. Xie also emphasized the importance of integrating German precision, including advanced gem-cutting techniques, with the artistic sensibility of Chinese jewelry design. He said combining German manufacturing standards with China's creative dynamism could enhance industrial value. Chen Xiaohua, dean of the Chinese Academy of Lifestyle Design at Beijing Institute of Fashion Technology, called for deeper "value connectivity" between cultures. He said both sides should move beyond material consumption toward experience-based lifestyles that blend Eastern ecological wisdom with Western humanistic values. Filmmaker Zhang Ledi offered a more personal take on urban storytelling, describing how his team moved from sketching Beijing's hutongs to documenting them through film. He said static drawings proved insufficient to capture the city's "living atmosphere," prompting a shift toward audiovisual narratives. Through the project, Zhang said, the team sought to preserve the sensory and emotional dimensions of everyday life — from neighborhood conversations to seasonal changes — while rediscovering the layered identities embedded in each alleyway. The work, he noted, reflects a broader trend of using creative media to reinterpret traditional urban culture in contemporary contexts. Traditional culture could be transformed into accessible cultural and tourism services, Chen said, adding that interactive platforms could help bridge cultural value systems. During the event, the International Lifestyle Innovation Alliance was officially launched. Its action plan includes organizing international forums and exhibitions, building a global network for lifestyle innovation, and conducting research on lifestyle brands to inform industry development and policymaking. Chen noted that the alliance aims to expand cooperation not only between China and Germany but also with other countries across the design, industry and cultural sectors. Jürgen Sewczyk, a board member of the German Society for Television and Cinema Technology, said both China and Germany possess rich cultural traditions that form an integral part of global heritage. In the face of rapid technological change, he stressed the importance of knowledge exchange to preserve cultural traditions and shape a shared future. He added that cultural and educational cooperation can create lasting connections between the two peoples, fostering mutual understanding and supporting sustainable innovation based on respect and shared interests. Kersten Godenschwege, president of GIKG, pointed to strong potential for collaboration in the gemstone sector. He noted that Idar-Oberstein, Germany, has a long history and advanced expertise in gemstone processing, while China offers unique strengths and growing demand in related industries. Godenschwege expressed hope for expanded cooperation with Chinese institutions, particularly the Beijing Institute of Fashion Technology, to promote student exchanges and joint work in gemstone cutting, identification, research and jewelry design, thereby strengthening talent development and technological innovation in the field. Chinese, German creatives spotlight cultural ties at China Fashion Weekhttp://www.china.org.cn/2026-03/24/content_118398990.shtml

2026-03-25

E-Home Household Services Holdings Limited has recently won bids for several community service centers, with the total value of the newly added services amounting to approximately 5 million RMB

FUZHOU, China, March 24, 2026 /PRNewswire/ -- E-Home Household Services Holdings Limited (NASDAQ:EJH) (the "Company" or "eHome"), an integrated home services provider in China, announced today that the new spring company has signed domestic cleaning service agreements with multiple community health centers, Fuzhou East Vehicle Depot, Fulei Co., Ltd., and other projects, and has won bids for several electrical appliance repair projects. The total amount of new services exceeds 5 million RMB. Mr. Wenshan Xie, Chairman and CEO of E-Home, commented: "The successful signing of this series of contracts demonstrates E-Home's comprehensive service capabilities. In the future, E-Home will work even harder to repay its customers' trust by providing high-quality services. Adhering to its professional service concept of "solving every issue of customers with heart", E-Home will continuously develop its market service projects while maintaining high-quality standards, thus becoming a trustworthy and reliable enterprise." About E-Home Household Service Holdings Limited Established in 2014, E-Home Household Service Holdings Limited is a Nasdaq-listed household service company based in Fuzhou, China. The company is mainly involved in: 1. Home appliances, smart home installation, maintenance; 2. Housekeeping, cleaning and babysitting services; 3. Home care; 4. Units of public places cleaning. The company has realized Internet + AI in operation and management: 1. Customer service has been worked by AI customer service; 2. Management has realized Internet + AI; 3. AI robots have been introduced to pilot cleaning staff. After years of development, E-Home has been a comprehensive service enterprise for family life! We have always adhered to the "solving every issue of customers with heart"business philosophy, adhere to do the industry benchmark. For more information, visit the Company's website at http://www.ej111.com/ir.html. Forward-Looking Statement All statements other than statements of historical fact in this announcement are forward-looking statements in nature within the meaning of the Private Securities Litigation Reform Act of 1995. These forward-looking statements involve known and unknown risks and uncertainties and are based on current expectations and projections about future events and financial trends that the Company believes may affect its financial condition, results of operations, business strategy and financial needs. Words or phrases such as "may," "will," "expect," "anticipate," "aim," "estimate," "intend," "plan," "believe," "potential," "continue," "is/are likely to" or other similar expressions are intended to identify such forward-looking statements. The Company undertakes no obligation to update forward-looking statements to reflect subsequent occurring events or circumstances, or changes in its expectations, except as may be required by law. Although the Company believes that the expectations expressed in these forward-looking statements are reasonable, it cannot assure you that such expectations will turn out to be correct, and the Company cautions investors that actual results may differ materially from the anticipated results and encourages investors to consider risk factors, including those described in the Company's filings with the SEC, that may affect the Company's future results. All forward-looking statements attributable to the Company and its subsidiaries or persons acting on their behalf are expressly qualified in their entirety by these risk factors.

2026-03-25

IMG Travel Outlook Survey Reveals 2026 Top Destinations and Rising Use of AI in Trip Planning

INDIANAPOLIS, March 24, 2026 /PRNewswire/ -- IMG has released the results of its 6th annual Travel Outlook Survey that gathered 1,000+ responses from IMG customers about their 2026 travel plans. Travel Outlook Survey Findings: International and domestic travel plans This year's results show continued demand for travel in 2026, with high interest in both international and domestic trips. 93% of respondents plan to travel internationally 38% of international travelers plan to take three or more trips 88% of respondents plan to travel domestically – a 3% increase from last year's survey 53% of domestic travelers plan to take three or more trips Top destinations The most popular destinations respondents plan to travel to next in 2026 include: Italy – 1st time being ranked #1 Canada Mexico France Spain Travel planning support: advisors and AI Findings reveal travelers are relying on expert guidance from both human and digital sources. 41% of respondents use a travel advisor or agent for at least some of their trips 33% of respondents say they are likely to use AI tools (ChatGPT, Gemini, Copilot, Claude, etc.) to help plan travel in 2026 Among those likely to use AI, travelers expect to rely on it for: Recommendations – 75% of respondents Itinerary planning – 70% of respondents Discovery and ideas – 69% of respondents Comparisons – 55% of respondents Booking – 13% of respondents "Our survey results show that AI is becoming an increasingly valuable tool in the discovery phase of travel, but as travelers move closer to booking, confidence in the technology shifts. Travelers still rely on dependable brands and firsthand guidance and research for the most important decisions, like booking their accommodations and choosing their travel protection plan," said Justin Poehler, IMG Chief Commercial Officer. Popular trips: urban and rural tourism When asked about the types of trips travelers plan to take in 2026, the most popular responses were: Urban tourism (visiting a major city or country) – 49% of respondents Rural tourism (exploring the countryside, nature-based experiences) – 39% of respondents Beach vacation – 38% of respondents Visiting family in another country – 32% of respondents Trending types of travel: cruises and multigenerational Travelers are showing renewed enthusiasm for cruising in 2026, as 30% of respondents say they plan to take a cruise, an 11% increase from last year's survey. Multigenerational travel remains a popular way to travel in 2026. Results show that 33% of families have a domestic or international trip planned with multiple generations (children, parents, and grandparents, etc.). Travel spending continues to grow With many travelers planning multiple trips, 34% of respondents say they expect to spend more on travel in 2026 than they did in 2025, and 53% of respondents say they plan to spend roughly the same amount. Top travel concerns Consistent with previous years, travelers' leading concerns for 2026 continue to focus on health and potential disruptions before or during their trips. Respondents ranked their top concerns for 2026 as: Getting sick or having an accident while at their destination Needing to cancel their trip before they depart Issues getting to or from their destination Needing to interrupt their trip while at their destination "As the travel landscape evolves, travelers' core concerns remain consistent, with health issues and potential trip disruptions continuing to top the list year after year," said Poehler. "At IMG, we're continually listening to our customers and using their feedback to ensure we're offering best-in-class travel protection plans. And with more travelers relying on both travel advisors and AI tools to help plan their trips, it's important to make sure that travel protection is a part of that planning process, no matter where their travels take them." About IMG® (International Medical Group®) IMG® (International Medical Group®), a SiriusPoint company, is an award-winning global insurance benefits and assistance services company that has served millions of members worldwide since its founding in 1990. The preeminent provider of travel and health safety solutions, IMG offers a wide range of insurance programs, including international private medical insurance, travel medical insurance, and travel insurance, as well as enterprise services, including insurance administrative services and 24/7 emergency medical, security, and travel assistance. IMG's world-class services, combined with an extensive product portfolio, provide Global Peace of Mind® for travelers, students, missionaries, marine crews, and other individuals or groups traveling, working, or living away from home. For more information, please visit www.imglobal.com. Media Contact: Carly Kessler, IMG Communications Manager, carly.kessler@imglobal.com

2026-03-25

The 47% premium: How culture predicts market value in the AI era -- Findings from Culture Amp

New Culture Amp research tracking 1,800 companies reveals a discrete measurable state of Peak Performance associated with a 36% share price increase over two years. Launched today and redefining the connection between engagement and performance, Culture Amp's new Performance Culture Quadrant equips leaders with science-backed steps to build high-performing cultures that deliver consistent business results. MELBOURNE, Australia and NEW YORK and LONDON, March 24, 2026 /PRNewswire/ -- Culture Amp, the world's leading employee experience platform, today reveals the next evolution in engagement and performance measurement. Built on more than 15 years of People Science research and expertise, the Performance Culture Quadrant (PCQ) connects engagement with performance confidence, offering a fundamental change to the way organizations can design and deliver high performance cultures. The ROI on culture, quantified For decades, business leaders have treated engagement and performance as competing priorities, investing in employee engagement during growth periods, then pivoting to hard performance metrics during downturns. New research from Culture Amp suggests this perceived tradeoff is leaving significant shareholder value on the table. A broad study tracked 1,800 organizations globally over two years and found that about two in five companies were in a cultural state identified as 'Peak Performance': high engagement and high performance confidence (2023-2024). Share price movement was then tracked across a subset of listed companies and found that those in Peak Performance saw a 25% increase in share price in just one year, and a 36% increase total at the two-year mark. Compared to companies in other culture states, organizations achieving Peak Performance through a dual focus on both workplace culture and organizational performance delivered a 47% share price change advantage. "As leaders globally face mounting pressure to demonstrate ROI on people investments, many have responded by treating culture and performance as an either-or decision," said Caroline Rawlinson, CEO at Culture Amp. "This research provides hard evidence that this is a false dichotomy. Culture and high performance are intimately linked as culture underpins all elements of business performance where humans are involved." Based on levels of Workplace Engagement (the relationship employees have with their work and organization) and Performance Confidence (employees' confidence in organizational success), the four distinct culture states identified in the research include: Peak Performance (high engagement, high performance confidence), Engaged Skepticism (high engagement, low performance confidence), Strained (low engagement, high performance confidence), and Disconnected (low engagement, low performance confidence). "Peak Performance isn't a cultural unicorn, nor the result of a few heroic high performing employees. Rather, it's a distinct, measurable state you can systematically work toward," says Amy Lavoie, VP, People Science at Culture Amp. "Forty-four percent of the Culture Amp customers included in the study have achieved Peak Performance, which means it is an achievable cultural state." Culture is the Operating System fuelling sustainable high performance The research arrives as organizations face competing pressures: adopt AI, upskill workforces, strengthen performance, all under tightening budgets. 96% of C-suite leaders expect AI to boost output, yet 77% of employees report that AI tools have increased their workload as key indicators of employee experience continue to trend downward (Upwork 2024; Culture Amp 2025). So when teams are pushed to do more with less, many leaders assume investing in employee engagement is a luxury. "Culture is the fundamental operating system that governs how decisions are made, which behaviors are reinforced, and ultimately how people perform," explains Rawlinson. "This research demonstrates that preserving and investing in culture is the strategic unlock that enables sustainable high performance. It's how organizations build the conditions under which teams can consistently deliver their best work, and capture measurable financial returns. Culture Amp provides the CultureOS™ for organizations wanting a tangible way to prioritise culture, performance and engagement consistently together." "People leaders have been advocating for culture investment for years, often without the financial data to justify it in board conversations," adds Lavoie. "This research changes that dynamic. We can now point to a quantifiable premium that engagement-performance integration delivers." Integrating engagement and performance: Introducing Culture Amp's Performance Culture Quadrant Available within the Culture Amp platform from today, the Performance Culture Quadrant (PCQ) materially advances organizations' ability to design and deliver high performance cultures. Building on the foundations of 15+ years of People Science research and utilizing AI, the science-backed diagnostic provides a data-driven visualization of a company's unique culture type, allowing leaders to definitively answer the question, "Do we have a high-performing culture?" "The PCQ shifted the conversation from 'how do we fix engagement' to 'how do we get to a Peak Performance Culture.' That shift has been powerful, creating stronger focus and engagement among leaders" said Sam Valentine, Head of Employee Performance and Experience at Miro. To progress from diagnosis to impact, Culture Amp's powerful AI Coach helps organizations interpret their results and pinpoint specific growth areas, such as strengthening strategic clarity or building stronger team accountability. It then delivers personalized action plans to help organizations fine-tune their CultureOS to unlock sustainable high performance and drive results - without risking employee engagement or attrition. "The Performance Culture Quadrant has dramatically accelerated how quickly we're able to work through these topics and have the right conversations," confirms Valentine. The Performance Culture Quadrant helps organizations: Connect culture to business success: Transform employee sentiment into predictors of hard business drivers like retention, productivity, and operational efficiency. Diagnose their performance culture: Finally answer the question, "Do we have a high performing culture?" and understand their unique culture type: Peak Performance, Engaged Skepticism, Strained, or Disconnected. Build a roadmap to Peak Performance with targeted recommendations for action: Culture Amp's AI Coach turns culture diagnosis into action by guiding organizations on a unique path to peak performance, focusing on high-impact growth areas specific to their culture type. Tailor roadmaps for specific departments and teams: Culture Amp's demographic capability guides every leader to move their specific part of the organization to Peak Performance. Availability The Performance Culture Quadrant and Diagnostic survey tool are now available to all Engage customers, with guided insights and recommendations provided within the platform by Culture Amp's AI Coach. For more information, visit http://www.cultureamp.com/platform/engage/performance-culture-quadrant - ends - About Culture Amp Culture Amp helps organizations assess the readiness of their culture to achieve high performance and act with confidence in an AI-driven world. Powered by 15 years of People Science research and drawing on more than 1.5 billion data points, Culture Amp acts as an always-on intelligence layer, called the CultureOS™, that connects engagement, performance, employee experience and culture data into a single unified platform. Today, 25 million employees across 6,800+ organizations, including Canva, On, Asana, Dolby, McDonald's, and Nasdaq, depend on Culture Amp to drive culture-led performance as work and technology rapidly evolve. About the Research The study analyzed data from Culture Amp's workplace dataset of over 1.5 billion employee responses, examining 1,800 companies who met required proxy items for the study. Researchers compared Culture Amp engagement and performance metrics against a subset of companies with publicly available share price data over 2023-2025. The Performance Culture diagnostic survey draws on a comprehensive review of ~50 years of academic research including meta-analyses, academic papers, and professional best practices examining the relationship between workplace culture, individual performance, and organizational outcomes. Developing the full diagnostic survey also involved drawing upon established psychological and organizational behavior theories - such as Goal-Setting Theory, Self-Determination Theory, and Psychological Safety Theory - which deeply informed the development of the product and survey dimensions.

2026-03-25