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Glory Star expected to further increase profitability

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Glory Star New Media Group, a Nasdaq-listed digital media platform and content-driven e-commerce company in China, is expected to be able to further increase its profitability with its growing market share and economy of scale.

The company reported a 15.8% growth in its Non-GAAP net income to US$16.9 million for the six-months ended June 30 from US$14.6 million in the same period of last year.

During the first half of this year, the company’s total revenues grew 144.6% to US$71.9 million from US$29.4 million, thanks to the increase in advertising revenues and Cheers e-Mall marketplace service revenue, primarily attributable to the development and promotion of its mobile and online businesses.

Income from operations surged 40.9% to US$16.2 million from US$11.5 million.

During the first half year of 2021, the company successfully grew its top and bottom lines as it allocated more resources to sales and marketing to augment its brand equity and fuel its long-term growth engine.

The company’s rising economy of scale will allow it to gradually reduce operating expenses and capitalize on the rising popularity of video content and deliver lasting shareholder value.

At the end of June 30, the number of downloads of the company’s Cheers App reached 215.6 million, up from 121 million a year earlier. The increase in the number, a key indicator of the attractiveness and usability of its Cheers App and its e-Mall platform traffic, showed that it had successfully converted viewers of its content to its Cheers App.

Average daily active users (DAUs) of the app grew to 7.1 million from 4.5 million for the same period. Stock Keeping Units (SKUs) on its Cheers e-Mall platform jumped to 231,630 from 19,984.

Gross Merchandise Value (GMV) of the Cheers App reached US$181.2 million in the first six months of this year, compared with US$20 million in the same period of 2020. The increase in GMV was driven significantly by its ability to attract and retain users to its Cheers App through its professionally produced content and its ability to further enhance its product offerings.

The company has a strong commitment to its corporate mission, meticulous execution of growth strategies, methodical expansion in both overseas and domestic markets, proactive engagement of Generation Z users through innovative products, and prudent investment in sales and marketing initiatives. It plans to refine its competitive edge in content-driven e-commerce of premium lifestyle, deepen our expertise in integrating quality content with lifestyle commerce, and expand our brand influence among Generation Z consumers on a global basis.

During the first half year, the resurgence of Covid-19 and its Delta variant caused the Chinese government to impose travel restrictions within mainland China, particularly in the southern regions of the country.

The company temporarily suspended the production of its traditional “Cheers Series” TV programs, thus resulting in a decline in its cost of revenues during the first six month of 2021. Once the travel restrictions are eased, the company will resume its content production activities in the second half of this year.

As of June 30, 2021, the company had cash and cash equivalents of US$20.3 million, compared with US$17.7 million at the end of last year.

Blockchain and AI technologies

Since its establishment in 2016, Glory Star has pioneered a unique, new business model integrating e-commerce services with premium video content. With the use of blockchain and AI technologies in its systems, the company has become a leading online digital media and entertainment company in China, with a strong track record both in terms of viewership and production capabilities. The company launched its Cheers App in 2018 to integrate e-commerce services with professionally generated content (PGC).

During the first half, the company produced many more live streaming shows and started to provide title sponsor advertising services at a higher price point. It also spent substantially on the development of the Cheers Chat and Cheers Car.

The company plans to provide more user-generated content (UGC) by forming partnerships with other platforms. It will allow global users to upload their content to its video platforms in the fourth quarter of this year while users will receive advertising revenue or get rewards from viewers directly.

The company will also allow content providers to use its software-as-a-service (SaaS) supply chain system with the blockchain technology that will help them match with relevant merchandisers. Content providers will be able to share the revenue from the sales of products on their video accounts.

The company’s ability to integrate premium lifestyle content, including short videos, online variety shows, online dramas, live streaming, its Cheers lifestyle video series, e-Mall, and mobile app, along with innovative e-commerce offerings on its platform enables it to pursue its mission of enriching people’s lives.

Its large and active user base has created valuable engagement opportunities with consumers and enhanced platform stickiness with thousands of domestic and international brands.

Non-fungible token

Glory Star’s Naschain platform offers one-stop solutions, which include smart contract, multichain universe and cross-chain consensus mechanisms, to users with its blockchain technology. It can help e-shoppers trace the origins of the products, avoid buying counterfeit goods, lower their logistics costs and protect their privacy.

The company has signed an agreement with the Beijing Minsheng Art Museum to use the company’s non-fungible token (NFT) technology, which can be used in copy-rights’ registration, verification, transaction and valuation, to protect the intellectual property of the museum’s artworks. The company will be able to boost its market share by acquiring some NFT service providers.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

McLaren Charlotte Launches a Personal Pledge for Informed Performance Culture

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California, US, 20th February 2026, ZEX PR WIRE, McLaren Charlotte has announced the launch of a personal pledge aimed at raising awareness around the importance of informed performance culture, as interest in high-performance vehicles continues to rise while understanding of the systems behind them lags.

The pledge reflects McLaren Charlotte’s long-standing belief that performance is not defined by speed alone, but by structure, consistency, and respect for engineering and process.

“We’ve always believed that how you build matters as much as what you build,” the team shared.
“You can’t lead customers if you don’t understand the machine,” they added.
“Our job doesn’t end when the keys are handed over. That’s actually when the relationship starts.”
“In this industry, consistency is the real differentiator.”

These principles form the foundation of the new pledge.

Why This Issue Matters Right Now

As performance vehicles and advanced systems become more accessible, the need for understanding has grown more urgent.

  • 70% of luxury vehicle buyers now complete most of their research before first contact, increasing the risk of misinformation and surface-level knowledge.

  • Over 60% of premium automotive customers say education and clarity matter more than incentives, according to industry surveys.

  • Modern high-performance vehicles rely on increasingly complex systems adapted from motorsport.

  • Research from Harvard Business Review shows that process-driven organisations reduce repeat errors by over 30%.

“Performance doesn’t happen by accident,” McLaren Charlotte notes. “Whether it’s a car or a business, results come from systems working together.”

The McLaren Charlotte Personal Pledge

McLaren Charlotte is committing to the following seven behaviours as part of this pledge:

  1. Prioritise education over assumptions in every interaction.

  2. Treat ownership as a long-term relationship, not a single event.

  3. Explain how systems work, not just what they do.

  4. Maintain consistency across every touchpoint.

  5. Apply racing discipline to everyday decision-making.

  6. Encourage thoughtful questions and informed curiosity.

  7. Build processes designed to last, not just move fast.

Do It Yourself: Informed Performance Toolkit

McLaren Charlotte is sharing a free toolkit for individuals who want to apply these principles on their own:

  1. Learn how the systems behind your tools or vehicles work.

  2. Read the engineering or design story, not just headlines.

  3. Ask “why” before asking “how fast.”

  4. Keep a simple learning journal.

  5. Review instructions or manuals after initial use.

  6. Follow credible technical sources.

  7. Reflect on how parts work together.

  8. Track questions you still have.

  9. Compare expectations with real-world experience.

  10. Share what you learn with others.

30-Day Progress Tracker

  • Week 1: Learn one system or concept you didn’t understand before.

  • Week 2: Ask three informed questions.

  • Week 3: Review how your expectations have changed.

  • Week 4: Write down one insight that reshaped your thinking.

Call to Action

McLaren Charlotte invites readers to take the pledge personally, apply the toolkit in their own lives, and share it with others who value thoughtful performance and long-term thinking.

To read the full interview, visit the website here.

About Informed Performance Culture

Informed performance culture is an approach that values education, discipline, and system-level understanding. It encourages individuals to respect how performance is built, sustained, and experienced over time, rather than focusing solely on speed or outcomes.

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Press Release

Armik Aghakhani Raises Awareness Around Community Giving and Responsibility

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California, US, 20th February 2026, ZEX PR WIRE, Armik Aghakhani, CPA, Managing Partner of Chartered International LLP, is raising awareness around the role individuals and professionals can play in strengthening communities through consistent, values-driven charitable support.

Drawing on years of community involvement alongside his professional career, Aghakhani is encouraging people to think more intentionally about how their time, resources, and attention can support causes that create long-term impact.

“Giving back shouldn’t feel separate from your life or your work,” Aghakhani says. “It’s part of being responsible.”

Why Community Support Still Matters

Across the United States, nonprofits continue to face growing demand with limited resources. According to recent nonprofit sector data, more than 70% of charities report increased need over the past three years, while nearly half report funding shortfalls that affect programs for children, families, and local communities.

Aghakhani notes that many of the most effective organizations are deeply rooted in local communities and rely on steady, quiet support rather than large, one-time donations.

“Most real impact doesn’t happen overnight,” he says. “It happens when people stay involved.”

Focus on Children, Youth, and Families

Aghakhani’s charitable involvement includes support for Focus on Children Now (FCN), an organization dedicated to improving the lives of underserved children and families through education, health initiatives, and outreach.

“Helping children is long-term work,” he says. “You may not see the result right away, but it compounds.”

He has also supported ACOP Youth programs and the ACOP Motor Sports Ministry’s ‘Race for a Cause’, which combines fundraising with youth responsibility and education. The initiative provides a controlled environment that emphasizes discipline, safety, and confidence.

“When young people are given structure, they rise to it,” Aghakhani explains.

Supporting Autism and Inclusive Education

One of the most personal areas of Aghakhani’s giving has been autism support. He contributed to the creation of a sensory classroom for children with autism at a local Armenian school, helping provide an inclusive learning environment for families who previously lacked access to specialized resources.

“When you see how much that space matters to kids and parents, it changes how you think about impact,” he says.

According to the CDC, 1 in 36 children in the U.S. is diagnosed with autism, increasing the need for inclusive educational spaces and community-based support.

Faith, Service, and Stability

Aghakhani also supports faith-based organizations, including the First Church of the Nazarene and the Armenian Christian Outreach of PazNaz (ACOP). These organizations serve as anchors for spiritual support, youth engagement, and community outreach.

“Faith-based groups often step in quietly when people need help most,” he says. “That stability matters.”

Creating Opportunity Through Aviation and Service

Another cause Aghakhani supports is Women in Aviation International, an organization focused on advancing women through education, scholarships, and career access in aviation and aerospace. The cause holds personal meaning, as his wife is a pilot.

“Opportunity changes lives,” Aghakhani says. “Sometimes support is what opens the door.”

Women currently make up less than 10% of pilots worldwide, highlighting the importance of access, mentorship, and early encouragement.

He has also contributed to animal shelters, supporting organizations that care for vulnerable animals and promote responsible stewardship.

What Individuals Can Do Today

Rather than calling for large donations or formal commitments, Aghakhani encourages simple, practical steps people can take on their own:

  • Learn about one local organization and what it actually needs

  • Support causes consistently, even in small ways

  • Volunteer time or skills when possible

  • Talk with family about giving and service

  • Stay involved beyond a single event

“You don’t have to do everything,” he says. “You just have to do something, and keep doing it.”

A Call to Action

Aghakhani believes community strength depends on everyday choices made by individuals who care.

“People remember who showed up,” he says. “That’s how trust is built in communities.”

By supporting organizations that focus on children, faith, opportunity, and inclusion, he believes individuals can help create stability that lasts.

“At the end of the day,” Aghakhani says, “what you support says a lot about what you value.”

To read the full interview, visit the website here.

About Armik Aghakhani

Armik Aghakhani, CPA, MST, is the Managing Partner and Founder of Chartered International LLP, a Beverly Hills–based accounting and advisory firm. Alongside his professional work, he is actively involved in charitable initiatives supporting children and families, autism inclusion, youth development, faith-based organizations, women in aviation, and animal welfare. His approach to giving emphasizes long-term commitment, responsibility, and community impact.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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Press Release

Dr. Gina Potter Shares 4 Trends Shaping How People Learn and Lead

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California, US, 20th February 2026, ZEX PR WIRE, Dr. Gina Acosta Potter, Superintendent and a longtime California education leader, is sharing key trends she sees shaping how individuals learn, work, and lead today. Drawing from more than 30 years of experience across classrooms, district leadership, and statewide advisory roles, Potter offers a practical view of what matters now—and what people can do next.

“These trends aren’t abstract,” Potter said. “They show up in how people feel at work, how students learn, and how communities function.”

Trend 1: Simplicity Is Replacing Complexity

Across education and leadership, fewer initiatives are producing better results. Studies widely cited in leadership and organizational research show that teams focusing on fewer priorities outperform those juggling many goals.

  • Leaders who focus on 3–5 priorities are more likely to follow through

  • Overloaded systems see higher burnout and lower engagement

“When everything is urgent, nothing is effective,” Potter said. “Clarity creates calm, and calm improves outcomes.”

What it means: Doing less results in higher overall success.

Trend 2: Relationships Drive Performance

Research consistently shows that trust and connection improve learning and productivity. Schools and organizations with strong relationships report higher retention and better outcomes.

  • Strong relationships increase engagement and follow-through

  • Feeling seen and heard improves motivation

“People don’t commit to systems,” Potter said. “They commit to people. Compassionate systems build united teams.”

What it means: Progress moves faster when relationships come first.

Trend 3: Reflection Improves Decision-Making

Daily reflection is gaining attention as a productivity and leadership habit. Leaders who reflect regularly make more consistent decisions and adapt faster to change.

  • Reflection improves focus and reduces reactive decision-making

  • Short daily reflection builds long-term clarity

“I don’t reflect to dwell,” Potter said. “I reflect to decide better tomorrow.”

What it means: Small pauses provide time for more thoughtful decisions which lead to better outcomes.

Trend 4: Communities Are Becoming the Classroom

Schools are increasingly acting as hubs for food access, wellness, and family support. During the pandemic, districts that partnered with local agencies responded faster and more effectively.

  • Community-based support improves student stability

  • Integrated services reduce stress on families

“Learning improves when basic needs are met,” Potter said.

What it means: Support systems matter as much as instruction.

Short Term Goals

  1. Write down your top three priorities.

  2. Remove one task that doesn’t support them.

  3. Listen fully in one conversation each day.

  4. Spend five minutes reflecting at the end of the day.

  5. Thank someone whose work often goes unnoticed.

  6. Simplify one decision by asking what matters most.

  7. Take a short walk without distractions to reset your focus.

Long Term Goals

  1. Build a weekly reflection habit and protect it.

  2. Strengthen one key relationship through regular check-ins.

  3. Reduce competing commitments that drain energy.

  4. Create a simple system to track what’s working.

  5. Partner with others instead of solving everything alone.

Call to Action

Pick one step. Start today. Small actions, done consistently, shape stronger systems and better outcomes.

To read the full interview, visit the website here.

About Dr. Gina Potter

Dr. Gina Acosta Potter is an educational leader with more than 30 years of experience serving diverse communities across California. She has served as a Superintendent since 2018 and is recognized statewide for her work in equity, school finance, governance, and community-centered leadership. She is the first female Filipina, biracial Superintendent in California and a longtime advocate for compassionate systems that support student success and community well-being.

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Disclaimer: The views, suggestions, and opinions expressed here are the sole responsibility of the experts. No Digi Observer journalist was involved in the writing and production of this article.

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