Press Release
Glory Star expected to further increase profitability
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.
About Author
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.
HONGKONG, China, 27th Jun 2026 – As building-block collectibles, mecha figures, and designer toys gain popularity, more enthusiasts want to create original characters and custom mecha designs. Yet turning an idea into a physical model has long required Blender, CAD tools, mesh repair software, slicers, and advanced fabrication skills.
With its first-anniversary release, Hi3D is introducing an end-to-end AI manufacturing workflow for 3D printing that automates tasks once handled by professional modelers and experienced makers.
From a Prompt to an Original Mecha Design
Inside Hi3D, an original mecha project can begin with a simple text description.
Using a Blokees-style mecha as an example, users enter a character concept and visual description, and Hi3D’s Nano-Banana 2 image engine generates concept artwork optimized for 3D reconstruction. The system also supports consistent multi-view generation across the head, torso, limbs, armor, and weapon systems.
For collectors and hobbyists, this removes a major barrier to original character creation: professional illustration skills.
Manufacturing-Ready 3D Models in Two Minutes
Once the artwork is approved, Hi3D’s Sparc3D high-precision generation engine reconstructs a complete 3D model in approximately two minutes.
Unlike AI 3D tools focused mainly on visualization, Hi3D generates watertight meshes optimized for physical manufacturing. Structural integrity, topology continuity, and printability are handled automatically, reducing cleanup work that previously took hours to minutes.
Automatic Part Splitting and Connector Generation
For large mecha models, print preparation can be harder than creation itself. Complex characters often must be split into components such as the head, torso, arms, legs, and weapons to fit desktop printer build volumes. Traditionally, this requires manual work inside Blender or CAD software.
Hi3D’s intelligent segmentation system automatically analyzes the model and separates it into logical printable components. The platform then generates matching connector structures, including mortise-and-tenon joints and ball-joint assemblies.
Combined with Hi3D’s Press-Fit Tolerance system, which calculates assembly clearances based on printer specifications, nozzle size, and material characteristics, printed parts can be assembled directly without extensive trial-and-error testing.
Smart Build Plate Optimization for Printing
After model preparation is complete, Hi3D automatically enters the print setup stage.
The platform’s smart build plate optimization system adjusts orientation and support strategies based on model geometry. Character figures prioritize surface quality, while mechanical components focus on reducing support material and shortening print time.
The final result is an enhanced 3MF file compatible with major slicing ecosystems, including Bambu Studio, OrcaSlicer, Creality Print, and Elegoo Slicer, creating a seamless workflow from concept generation to print preparation.
From Idea to Physical Manufacturing
Using this workflow, the time required to transform an original Blokees-style mecha from a text prompt into a printable 3MF file can be reduced to around five minutes.
Beyond efficiency, Hi3D aims to make original mecha creation accessible to a much wider audience. By automating modeling, part splitting, connector generation, and print preparation, workflows once reserved for professionals are becoming available to everyday makers, collectors, and hobbyists.
About Hi3D
Hi3D is an All-in-One AI 3D Maker Platform that connects AI-powered creation with physical manufacturing. The platform combines AI 3D generation, intelligent part splitting, connector generation, tolerance optimization, smart build plate layout, and one-click 3MF export into a single workflow.
As Hi3D celebrates its first anniversary, the company is also preparing to launch Hi3D 3.0, featuring the industry’s first 2048³ ultra-high-resolution AI 3D generation. Alongside limited-time subscription offers and creator competitions, early access to the new release will also be available.
New users can receive 300 free Hi3D credits to experience the complete AI-to-3D-print workflow.
Website: Hi3D.ai
Media Contact
Organization: Hi3D
Contact Person: Irina
Website: https://www.hi3d.ai/
Email: Send Email
City: HONGKONG
Country:China
Release id:46499
The post Hi3D Launches an AI-Powered Workflow for 3D Printing Creators appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
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.
Press Release
Michael Sealy on Why Knowing the Full Business Is the Real Competitive Advantage in Commercial Real Estate
Dallas-based commercial real estate executive Michael Sealy, Director of Corporate Strategy at Sealy & Company, explains how cross-functional experience shapes better strategic decisions in a complex market.
A Career Built Across Every Department
Dallas, TX, 26th June 2026, ZEX PR WIRE, Most careers in commercial real estate follow a vertical path. A leasing broker becomes a senior broker. An investment analyst becomes a fund manager. Specialization is treated as the route to expertise. Michael Sealy, Director of Corporate Strategy at Sealy & Company in Dallas, Texas, took a different path.
Over more than two decades at Sealy & Company, Michael Sealy has worked in construction management, ground-up development, investment analysis, and capital markets before moving into his current strategic role. That horizontal movement was deliberate. He started his career as a leasing broker at Colliers International, gaining deal-level experience before joining the family-connected firm in late 2000 and beginning what would become a systematic education in every dimension of a full-service real estate platform.
Why Breadth Produces Better Strategy
In commercial real estate, strategy is only as strong as the operational understanding behind it. Decisions about which assets to pursue, how to structure capital, when to develop versus acquire, and how to position a firm within a changing market require more than financial modeling. They require an understanding of how buildings get built, how capital flows, and how each department’s decisions ripple across the organization.
Michael Sealy’s career arc was designed to develop exactly that kind of understanding. By the time he assumed oversight of the firm’s capital markets functions, he was not approaching financing decisions in isolation. He understood the construction and development context within which those financing decisions would have to perform.
The Strategic Value of Operational History
The transition from execution to strategy is one of the most consequential shifts in any real estate executive’s career. The risk, for many, is that it becomes a move away from operational reality rather than above it. Michawl Sealy’s multi-department career has positioned him to lead the firm’s corporate strategy function with a grounding that is difficult to replicate through analysis alone.
His current focus includes evaluating strategic opportunities, assessing capital alignment, and supporting enterprise-wide planning, work that draws on two decades of firsthand exposure to how those plans are actually executed at the operational level.
Community as a Parallel Commitment
Outside his work at Sealy & Company, Michael Sealy is active in the Dallas community. As a member of the Salesmanship Club of Dallas, he volunteers with the Momentous Institute and the Byron Nelson Golf Tournament. He is also committed to wildlife conservation, managing land specifically to support wildlife and waterfowl habitats.
These commitments reflect the same long-term thinking that characterizes his professional work. Both require patience, sustained investment, and a willingness to do work whose benefits may not materialize immediately.
About Michael Sealy
Michael Sealy is the Director of Corporate Strategy at Sealy & Company, a full-service commercial real estate firm based in Dallas, Texas. He has worked in commercial real estate for over two decades, with experience across construction, development, capital markets, and strategic planning. He can be found at michaelsealydallas.com.
About Author
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.
The integration brings TRM’s blockchain intelligence to power sanctions screening, AML controls, and wallet risk scoring into MultiHopper’s private programmable on-chain routing layer for digital asset transfers.
Singapore, Singapore, 26th Jun 2026 – MultiHopper, the programmable privacy routing protocol for digital assets, today announced a partnership with TRM Labs, the blockchain intelligence company trusted by leading financial institutions, crypto businesses, governments, and public sector agencies.
Through the partnership, MultiHopper is integrating TRM’s risk intelligence into its routing architecture to prevent OFAC-sanctioned, stolen, illicit, high-risk and otherwise restricted funds from using MultiHopper’s rails.
MultiHopper believes this creates an innovative architecture for regulatory-ready private programmable onchain routing: digital asset movement with privacy protections and compliance controls built into the network state itself. The solution is live today on Solana.
The announcement comes at a critical moment for crypto privacy.
Legacy privacy systems such as mixers, tumblers and shielded pools have repeatedly created regulatory and enforcement risk. Mixers, tumblers and pooled privacy systems became the defining example after being sanctioned by OFAC, which alleged that it had been used to launder billions of dollars of digital assets, including funds stolen by North Korea’s Lazarus Group.
Other privacy systems have attempted to address this problem with proof-of-innocence style mechanisms. But these approaches still generally sit around privacy pools or shielded environments, protocols or APIs, where funds enter a shared privacy system and compliance assurances are layered around that structure.
Unlike other protocols and layers trying to solve the “privacy trilemma”, MultiHopper differentiates by having no offchain components and no commingling. It also does not rely heavily on specialized cryptographic systems, which can create challenges when scaling across multiple assets and may be costly to develop, audit and maintain..
MultiHopper instead focuses on delivering a primitive which enables compliant onchain private programmable routing infrastructure.
This unique approach differentiates significantly from existing approaches which make significant trade-offs in terms of compliance, legality, centralization, expense, and scalability.
In most of the aforementioned solutions, the core regulatory risk is that sanctioned, stolen or illicit funds may enter a shared privacy environment and benefit from its anonymity set. In general, regulators do not approve of commingling activity.
MultiHopper is designed so that this failure mode should not occur. MultiHopper is designed to screen transfers against TRM intelligence and block identified high-risk funds before they enter or exit the rails. Furthermore, assets cannot commingling as each transfer is a unique wrapper which will never be repeated, by design.
“Situations like infamous mixers and tumblers happened because privacy infrastructure allowed tainted funds and bad actors to use the same privacy environment as legitimate users,” said Enigma, the CEO and founder of MultiHopper and EnigmaFund Venture Capital. “That is not the model we are building. MultiHopper is compliance-gated private programmable routing. Part of our focus is to ensure that bad actors and their funds should not be able to enter the rails, exit the rails or use the rails. Privacy should protect legitimate users, not sanctioned actors, stolen funds or illicit finance.”
MultiHopper also differentiates in that it is onchain, never taking assets offchain, while remaining permissionless and non-custodial.
Most crypto compliance today exists outside the protocol: in the exchange, the backend, the app, the interface, the custodian or the compliance department. MultiHopper is taking a different approach by adapting TRM’s stack into the routing layer itself.
The result is a new category of infrastructure: regulatory-ready private programmable onchain routing.
For developers, this means APIs for private digital asset movement without inheriting the regulatory dangers of other existing approaches.
For AI agents, it means private programmable payment rails with compliance controls designed into the architecture.
For wallets, protocols and institutions, it means a privacy routing layer that can reduce public exposure while defending against sanctioned addresses, stolen funds, illicit proceeds and AML risk.
MultiHopper’s compliance architecture is designed around a simple principle: privacy should not require pooled ambiguity, regulatory blindness or post-facto damage control.
The rails should defend themselves at the network level.
By integrating TRM’s risk intelligence into the architecture, MultiHopper is building private programmable money infrastructure that can be used by serious developers, businesses, agents and institutions.
“Currently over $21TN USD of the world’s FIAT money passes through SWIFT every day. Double that if you count securities and RWAs. These all use private, compliant and secure rails. For that kind of volume to come to crypto we need an approach to having clean money in the system… especially for private transfers and DeFi. TRM gives us the intelligence we need to enforce that standard.”
Compliance-locked private programmable routing for digital assets is available immediately on Solana both via APIs for developers and AI agents at https://business.multihopper.com as well as for consumers at https://www.multihopper.com.
About MultiHopper
MultiHopper is programmable onchain privacy routing infrastructure for digital assets. It enables non-custodial, permissionless routing of digital assets without mixers, tumblers, shielded pools, commingled liquidity or private blockchains. MultiHopper is building regulatory-ready private programmable money infrastructure for developers, AI agents, wallets, protocols and institutions.
About TRM Labs
TRM Labs provides blockchain intelligence solutions that help organizations detect, investigate and disrupt crypto-related financial crime. TRM’s platform supports compliance, investigations, wallet screening, transaction monitoring and blockchain intelligence for crypto businesses, financial institutions and public sector agencies.
For Press Contact:
Khine Zhin
Sources:
https://www.austrac.gov.au/us-treasury-issues-sanctions-virtual-currency-mixers
https://www.cgi.com/en/article/payments/moving-21-trillion-in-payments-each-day
https://dev-docs.multihopper.com/quickstart
https://dev-docs.multihopper.com/guides/agentic-integration
Media Contact
Organization: MultiHopper
Contact Person: Khine Zin
Website: https://business.multihopper.com
Email:
enigma@multihopper.com
Contact Number: +442032901955
Address:0A Tanjong Pagar Road
Address 2: 088443
City: Singapore
Country:Singapore
Release id:46427
The post MultiHopper Partners with TRM Labs on Compliant Private Digital Asset Routing appeared first on King Newswire. This content is provided by a third-party source.. King Newswire makes no warranties or representations in connection with it. King Newswire is a press release distribution agency and does not endorse or verify the claims made in this release. If you have any complaints or copyright concerns related to this article, please contact the company listed in the ‘Media Contact’ section
About Author
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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