HONG KONG, Apr 1, 2026 - (ACN Newswire via SeaPRwire.com) - The Hong Kong Trade Development Council (HKTDC) will stage four flagship technology fairs this April, including InnoEX, jointly organised by the Innovation, Technology and Industry Bureau (ITIB) of the HKSAR Government and the Hong Kong Trade Development Council (HKTDC), Hong Kong Electronics Fair (Spring Edition) (EFSE), Hong Kong International Lighting Fair (Spring Edition) (LFSE) and Smart Lighting Expo (SLE), all at the Hong Kong Convention and Exhibition Centre. The four major technology fairs bring together over 3,700 exhibitors from 28 countries and regions.InnoEX and the EFSE will be held concurrently from 13 to 16 April, showcasing a wide spectrum of innovation and technology as well as industry applications. The fairs will feature global innovation and technology achievements, cutting-edge electronic products and advanced technology solutions, driving breakthroughs across multiple sectors and offering businesses the latest market developments and collaboration opportunities. The LFSE and the SLE will take place from 20 to 23 April (Monday to Thursday), presenting the latest smart lighting solutions and innovative products. The four fairs are open to industry, investors, trade buyers and users from various sectors, including SMEs, for sourcing and networking opportunities.Jenny Koo, Deputy Executive Director of the HKTDC, said, “As we enter the peak exhibition season in April, the HKTDC presents four major spring technology fairs, bringing together more than 3,700 exhibitors from 28 countries and regions, showcasing Hong Kong’s strengths as an international exhibition and convention hub. Proactively aligning with the National 15th Five-Year Plan and supporting the I&T policy outlined in the government’s latest Budget, both InnoEX and the EFSE will showcase AI-driven frontier technologies and market-ready applications, as well as a wide array of advanced technologies and cutting-edge electronic products, supporting Hong Kong’s development into an international I&T hub. Together with the LFSE and the SLE, these events present advanced technologies and cutting-edge products, fostering business networking and cross-sector collaboration, and continuously leverage Hong Kong’s unique advantage as a platform for ‘bringing in’ and ‘going global’.”RoboPark brings together leading robotics companies to foster technology exchange and support global expansionThis year’s InnoEX, themed “Innovate • Automate • Elevate”, covers five key areas: AI+, Robotics, the Low-altitude Economy, Property Technology and Retail Technology. A major highlight is “RoboPark”, which makes its debut across both InnoEX and the EFSE and brings together technology companies from Hong Kong, Chinese Mainland and overseas. The zone showcases more than 100 robots across a wide range of application scenarios, covering “Commercial & Industrial”, “Health & Living”, as well as “Entertainment & Social”.RoboPark features four of the world’s top five best-selling humanoid robot manufacturers in 2025[1], namely AgiBot, EngineAI, UBTECH and Unitree. Other exhibitors include DEEP Robotics from “Hangzhou’s Six Little Dragons”, four additional companies from “Shenzhen’s Eight Great Guardians of Embodied Intelligence” including AI² Robotics, Digit Robotics, LimX Dynamic and PaXini, together with Hong Kong start-ups Rice Robotics and SOTA Robotics. Overseas exhibitors from the United Kingdom, Singapore and more will also participate. Over the four-day exhibition period, some 40 events will be held at RoboPark, including technology demonstrations, application sharing sessions and networking platforms, helping enterprises expand into overseas markets and explore new opportunities.This year’s InnoEX further expands its global reach, showcasing exhibitors from 21 countries and regions, including Hong Kong, Chinese Mainland, Macao, Australia, Austria, Canada, France, Germany, Hungary, India, Israel, Japan, Kazakhstan, Malaysia, the Netherlands, the Philippines, Poland, Singapore, Sri Lanka, Thailand, the United Kingdom and the United States. The Chinese mainland reinforces its presence with 17 provinces and cities, including Beijing, Shanghai, Guangzhou and Shenzhen, collectively forming 18 pavilions. These include delegations such as Zhongguancun from Beijing and Xi’an Jiaotong University, which are leveraging Hong Kong as a high-value international platform to showcase the latest technological R&D achievements and expand into overseas markets. In addition, leading Chinese Mainland technology giants, including Huawei International, China Mobile Hong Kong, iFLYTEK, Tencent Cloud International and Lenovo (Hong Kong) will also participate.The exhibition brings together R&D achievements and innovative solutions from the government, industry, academia and research sectors. The Digital Policy Office of the HKSAR Government will once again set up a large-scale “Smart Hong Kong Pavilion”, which will showcase over 100 I&T solutions from over 20 government departments and public organisations as well as award-winning entries by local I&T sector and students from various I&T competitions. The Pavilion this year will be themed “AI+ Hong Kong” and focus on artificial intelligence (AI) application across different domains in Hong Kong, establishing eight exhibit areas namely, “AI+ Public Services”, “AI+ Medical Innovations”, “AI+ Everyday Experience”, “AI+ Robotics Innovations”, “AI+ Mobility Revolution”, “AI+ Safety and Security”, “AI+ Infrastructure Development”, and “AI+ Low-altitude Economy”.InnoEX will, for the first time, co-organise the “Low-Altitude Economy Conference” with the Working Group on Developing the Low-Altitude Economy, bringing together industry experts to analyse policy trends and market potential, and to explore application scenarios and collaboration opportunities in Hong Kong. A dedicated Low-Altitude Economy Zone will also be set up to showcase applications of low-altitude technologies and facilitate industry collaboration. Participating companies include Transcendence, Harmony SkyTech, Damoda, among others.All R&D centres established by the Hong Kong SAR Government will participate in InnoEX this year, including the Hong Kong Applied Science and Technology Research Institute (ASTRI) and the Nano and Advanced Materials Institute (NAMI), which officially merged on 1 April, as well as the Logistics and Supply Chain MultiTech R&D Centre (LSCM), the Hong Kong Research Institute of Textiles and Apparel (HKRITA), and the Microelectronics R&D Institute (MRDI). Cyberport, Hong Kong Science and Technology Parks Corporation and the Hong Kong-Shenzhen Innovation and Technology Park will also bring more than 40 start-ups to exhibit.The ESFE will focus on AI-driven electronic products across three major areas: Smart Home & Solutions, Health Tech & Gadgets and Pet Intelligence. Around 50 new products will make their debut at the fair, offering buyers a one-stop sourcing platform and insights into the latest trends. The “Startup Zone” remains a key highlight, bringing together over 60 start-ups, including representatives from the Hong Kong Internet of Things, Angel Investment Foundation and Shenzhen InnoX Academy, showcasing innovative products and solutions while fostering collaboration and investment opportunities. The fair will also feature an “Immersive Experience Zone”, where local I&T companies will present immersive interactive experiences using VR, AR and XR technologies, such as “VR Dragon Boat Experience” and “Smart Tattoo Trial Machine”.InnoEX and the ESFE will jointly host more than 100 events, covering the major themes of the two exhibitions and featuring insights from industry experts and leaders. In the area of AI+, a representative from Deloitte will share perspectives on “human-centric AI” and market developments, while an expert from Google will explore the future of smart home experiences. In the field of retail technology, the seminar “Retail 4.0: Reshaping Consumer Experiences”, co-organised by the Hong Kong Retail Management Association, will bring together companies including VISA and Tradelink. In addition, overseas government representatives will also participate and share insights. Among them, the Vice-minister of AI and Digital Development of Kazakhstan will lead a delegation to exhibit and speak, sharing the latest developments and opportunities in the country’s low-altitude economy, and offering participants an international perspective.Twin lighting fairs gather industry leaders, “Light Lab” makes its debut as the highlight attractionThe Smart Lighting Expo and the Hong Kong International Lighting Fair (Spring Edition) are themed “Go Smart • Live Green” this year, bringing together some 900 exhibitors from Hong Kong, Chinese Mainland and overseas, with new participants from the Netherlands and Vietnam. The two fairs will gather numerous renowned brands and industry leaders, including Foshan Electrical and Lighting, a lighting provider for the China national football team; OPPLE Lighting, a winner of multiple world-class design awards offering healthy lighting solutions; Shanghai Sansi, which supplies over 60% of the display screens in Times Square, New York; and Absen, an LED display provider featured at the NBA All-Stars Games, the FIFA Qatar World Cup and Qatar Doha World Expo, and a Guinness World Record holder. These companies will showcase the latest lighting products and technologies.This year, the fairs receive strong support from Zhongshan City, which joins as the Special Partner City for both lighting fairs, with the inaugural Zhongshan Guzhen Pavilion and the Zhongshan Henglan Pavilion making their debut at the SLE. Participating exhibitors include “Enterprise Above Designated Size” such as Bairan, Faner, and Zhongqian. The Shanghai Pudong Intelligent Lighting Association also returns to the SLE for the third consecutive year, presenting the “Intelligent Ecosystem & IoT Supply Chain Zone”, showcasing the latest solutions from well-known brands such as BWEETECH, AIDimming, Darkoo, and TYF, alongside a pavilion from Shenzhen. As for the LFSE, exhibitors include the Xiamen Pavilion, and newly participating Changzhou Zouqu District Pavilion and Zhejiang Pavilion.A brand-new “Light Lab” will debut this year, presenting a range of smart lighting products through scenario-based design and immersive displays. Featured exhibits include products like the solar lantern by Zhongshan Faner Lighting Technology (Lumin Garden), a new series of stadium lighting by Foshan Electrical and Lighting (Lumin Arena), and the hill spotlight series by Shanghai Sansi (Lumin Gallery).This year, the SLE will introduce a new “Smart Commercial Display and Stage Audio-visual Zone”. Industry leader Absen will showcase its latest low-carbon, energy-saving and large-format displays, which adopt innovative technologies to achieve energy savings of over 50%, supporting the outdoor advertising sector in accelerating its green transformation. The “Hall of Aurora”, a signature highlight of the LFSE, is also not to be missed. A series of events will be held during the fairs, including the “Smart Lighting Solution Forum” at the SLE and the “Asian Lighting Forum” at the LFSE, fostering industry exchange.The Business of Innovation and Technology Week (BIT Week), driven by the ITIB and the HKTDC, will feature a series of major I&T events. In addition to InnoEX, the EFSE, and the SLE, BIT Week highlights include the 3rd Hong Kong World Youth Science Conference, organised by the Hong Kong Alumni Association of Beijing Universities, the Hong Kong Web3 Festival 2026, which focuses on internet technologies and applications, and the International Academicians Hong Kong Forum as a BIT Week event for the first time, featuring the dual themes of “Artificial Intelligence and Ageing” and “Artificial Intelligence and Education”. In addition, during the exhibition period, the World Internet Conference Asia-Pacific Summit, hosted by the World Internet Conference (WIC) and organised by the HKSAR Government and co-organised by the ITIB, will take place concurrently from 13 to 14 April. Focusing on innovation and technology in the Asia-Pacific region, the summit will promote global digital innovation and technological exchange, create synergy with BIT Week events, and further strengthen Hong Kong’s position as a regional digital hub and an international I&T centre.[1] Source: Omdia Market Radar: General-purpose Embodied Intelligent Robots, 2026, published on 8 January 2026.Photo download: https://bit.ly/4cn3oPVJenny Koo, Deputy Executive Director of the HKTDC (centre), Daniel Cheung, the Acting Commissioner for Digital Policy of the HKSAR Government (right), and Steve Chuang, Chairman of the Electronics/ Electrical Appliances Industries Advisory Committee of the HKTDC (left), attend today’s press conference to introduce the highlights of InnoEX, EFSE, LFSE and SLE.Jenny Koo, Deputy Executive Director of the HKTDC, introduces the newly launched “RoboPark” robotics zone. The robots, developed by EngineAI, are capable of flipping and rolling within a confined space and previously featured in a performance at the closing ceremony of the National Games.InnoEX exhibitor Transcendence presents an integrated drone solution for the low-altitude economy, incorporating AI, LiDAR and other advanced technologies. It is capable of performing a range of specialised tasks such as leak detection and curtain-wall cleaning, providing efficient and intelligent low-altitude operational services for the construction engineering sector.Exhibitor PetSuper introduces its new LitterGo Smart Litter Box, integrating multiple intelligent features including automatic cleaning, self-sealing waste bags, auto litter refilling, and deodorising and sterilising, effectively addressing common issues among pet owners.LFSE exhibitor M7 is a complete 48V micro track lighting system designed for diverse architectural applications. With an ultra-compact 7 mm profile, it delivers minimalist aesthetics and integrates seamlessly into modern spaces.LFSE exhibitor GA MOTOR presents its “Classic Bloom Chandelier,” crafted using 3D-printing technology to precisely recreate the natural textures and layered details of flower petals. The design received the Patent Innovation Design Award in 2025.SLE exhibitor Absen showcases its KLCOB V2 Series. Enhanced with a unique black polymer coating, the KLCOB V2 Series presents a uniformly deep black for an immersive visual depth. Leveraging advanced flip chip and HBB common cathode technologies, the KLCOB V2 remains cool under pressure, providing a seamless and vibrant visual experience effortlessly.Websites- InnoEX: innoex.hktdc.com/tc- Hong Kong Electronics Fair (Spring Edition): hkelectronicsfairse.hktdc.com/tc- Hong Kong International Lighting Fair (Spring Edition): hklightingfairse.hktdc.com/tc- Smart Lighting Expo: smartlightingexpo.hktdc.com/tcMedia enquiriesYuan Tung Financial Relations:Salina Cheng Tel: (852) 3428 2362 Email: salcheng@yuantung.com.hkTiffany Leung Tel: (852) 3428 2361 Email: tleung@yuantung.com.hkHKTDC’s Communications & Public Affairs Department:Stanley So Tel: (852) 2584 4049 Email: stanley.hp.so@hktdc.orgNavin Law Tel: (852) 2584 4525 Email: navin.cm.law@hktdc.orgSerena Cheung Tel: (852) 2584 4272 Email: serena.hm.cheung@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Category: ACN Newswire
True IDC Pushes “Security Economy”, Breaking Ground on Mega Data Center in EEC with 77-Billion-Baht BOI Investment, Cementing Thailand’s No. 1 Position
BANGKOK, Apr 1, 2026 - (ACN Newswire via SeaPRwire.com) - True Internet Data Center Co., Ltd. (True IDC), Thailand’s largest data center and cloud service provider under Charoen Pokphand Group, has announced the development of a new mega data center in a strategic location within the Eastern Economic Corridor (EEC). As one of several major projects approved under a Board of Investment (BOI) promotion totaling over 77 billion THB, this mega-project aims to drive the “Security Economy,” strengthen Data Sovereignty, and elevate Thailand’s competitiveness in the fully realized digital and AI era.The first phase is scheduled to be operational by 2027.Specifically engineered to support the exponential growth of cloud, digital, and AI systems, the new AI Hyperscale facility will boast a total power capacity of up to 250 MW. It features a fully modular architecture and a ready platform play strategy, enabling faster construction, seamless system deployment, and a quicker speed-to-market service delivery than ever before.In developing this site, True IDC is leveraging its deep expertise in serving global hyperscalers from both the US and China. This includes applying its unique experience as the first provider in Thailand capable of hosting advanced GPU processing systems for AI. Furthermore, the facility introduces a cutting-edge power architecture designed to enhance electrical efficiency and minimize operational and maintenance risks. This focus on uncompromised business continuity is balanced with sustainable energy management, targeting a best-in-class Power Usage Effectiveness (PUE) level.Thanasorn JaideeMr. Thanasorn Jaidee, President of True IDC, noted that according to Krungsri Research (2026–2028), revenue from digital services and software is expected to grow at an average annual rate of 6.8%, naturally driving the demand for advanced digital infrastructure. "As the leading data center and cloud service provider for 23 years, True IDC recognizes that organizations still require digital infrastructure that delivers speed," Mr. Thanasorn stated. "However, in today’s world, agility alone is not enough; it must be coupled with proactive security in every situation.We are committed to making this data center a vital engine in driving the Security Economy alongside the Digital Economy—creating technological independence, protecting critical national data, and ensuring that both public and private sector systems can operate without interruption."About True IDCTrue Internet Data Center Co., Ltd. (Headquarters: Bangkok, Thailand), operating under the Charoen Pokphand Group in a global partnership with GIP-BlackRock, is the largest data center service provider in Thailand. The company stands out with its AI Hyperscale Data Center services, designed specifically for advanced computing and the rapid expansion of cloud and Artificial Intelligence (AI) systems. Backed by extensive experience managing data centers in key business districts both locally and internationally—and certified to the highest global standards—True IDC is fully equipped to meet the demands and enhance the security of businesses in the digital age. Trusted by world-leading organizations, True IDC serves as a vital mechanism in propelling the digital economies of Thailand and the broader ASEAN region toward a strong, resilient future.More Information: https://www.trueidc.com/For more information, visit:Email: suchitra@888ideas.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
China Risun (01907.HK) Reports Strong 37.7% Net Profit Surge in 2025 Amid Industry Challenges
HONG KONG, Apr 1, 2026 - (ACN Newswire via SeaPRwire.com) - China Risun Group Limited ("China Risun" or the "Company", together with its subsidiaries, the "Group"; Stock Code: 1907.HK), a leading global integrated coke, coking chemicals, and refined chemicals producer and supplier, as well as a relevant operation management services provider, recently announced its audited consolidated results for the year ended December 31, 2025. The financial report reveals that, despite a market environment characterized by cyclical downturns in the prices of major products, the Group achieved a significant increase in net profit through effective cost control, operational optimization, and business structure adjustment, while continuing to make breakthroughs in the fields of hydrogen energy and high-end refined chemicals.Financial Performance: Profit Growth and Improved Operational EfficiencyFor the 2025 financial year, the Group recorded a revenue of approximately RMB 39.286 billion, representing a year-on-year decrease of about 17.4% from RMB 47.543 billion in the Last Year. The decline in revenue was primarily due to an across-the-board drop in the prices of coke and major chemical products, as both the ferrous and chemical industry chains faced a market landscape of "strong supply and weak demand." Despite the top-line pressure, the Group demonstrated strong operational resilience through strict cost control. During the Year, the cost of sales and services decreased by 17.8% year-on-year, outpacing the decline in revenue. Consequently, the Group's gross profit reached RMB 3.064 billion, with the gross profit margin expanding by 0.5 percentage points year-on-year to 7.8%. More notably, the profit for the Year achieved a counter-cyclical growth, reaching approximately RMB 135 million, representing a significant increase of about 37.7% from RMB 97.80 million in the Last Year. Net cash generated from operating activities amounted to RMB 3.46 billion, a year-on-year surge of 140%, far exceeding the net profit, which indicates further enhanced risk-resistance capabilities and significantly improved earnings quality.Basic earnings per share of the Company for the Year stood at RMB 1.3 cents, a substantial year-on-year increase of 160%, reflecting the growth in profit attributable to the owners of the Company and the positive impact of share repurchases. The Board proposed a final dividend of RMB 0.19 cents per share, amounting to a total of approximately RMB 8.13 million, continuing its solid policy of rewarding shareholders.Business Highlights: Consolidating Coke Leadership, Expanding Operation Management, and Advancing High-End Chemicals & Hydrogen EnergyAs the cornerstone of its business, the Group's coke and coking chemicals manufacturing segment demonstrated distinct cost advantages during the price downtrend cycle. By optimizing coal blending and implementing cost reduction and efficiency improvement strategies, the segment's gross profit margin increased from 8.6% in the Last Year to 12.4%. During the Year, the first coke oven of a new coke project with an annual capacity of 1.8 million tons in Pingxiang, Jiangxi Province commenced operation, further consolidating the Group's economies of scale in production capacity.The operation management and trading businesses have become vital portfolio components for smoothing out cyclical fluctuations. Although revenue from operation management services decreased due to the completion of certain management agreements, the Group secured two new operation management projects in Jilin and Shanxi provinces during the Year, continuing to expand its industry influence. To date, the Group operates 9 management service projects, mainly distributed across Henan, Jilin, Shanxi, Inner Mongolia, Sichuan, and other provinces, managing a total scale of 8.282 million tons and achieving a 6-year compound annual growth rate (CAGR) of 19.8%. Meanwhile, revenue from the trading business grew by 25.6% year-on-year, effectively supplementing the cash flow.Innovation and high-end transition remain the core driving forces for the Group's development. In the refined chemicals sector, the Group successfully developed and commenced production of the first domestic 5,000 tons/year amino alcohol (2-Amino-2-methyl-1-propanol) project at its Dingzhou Production Base, thereby becoming the world's second-largest producer of amino alcohol. The product has successfully passed the EU REACH registration, paving the way into high-value-added markets such as high-end coatings and pharmaceuticals. Caprolactam, another core product, maintained its solid market position while continuously optimizing costs through technological innovation.The accelerated rollout of the hydrogen energy business is one of the most promising growth drivers in the financial report. The Group's high-purified hydrogen production volume increased by 25.7% year-on-year, capturing an approximate 21.8% market share in North China. Crucially, the Group initiated the construction of the nation's first 5 tons/day liquid hydrogen demonstration project at the Dingzhou Production Base in Hebei Province. This project has been selected for the national-level list of the first major technological equipment in the energy sector, marking a significant technological breakthrough in the hydrogen storage and transportation segment and laying a solid foundation for future commercial applications.Financial Strategy: Robust Cash Flows and Shareholder ReturnsDuring the Year, net cash generated from operating activities improved significantly to approximately RMB 3.465 billion, primarily benefiting from the strengthened management of trade receivables. Despite actively managing capital expenditures for future development, the Group maintained ample liquidity. As of the end of the reporting period, the Group's unutilized banking facilities amounted to approximately RMB 8.036 billion, providing strong support for ongoing business expansion.The Group also actively utilized capital market tools to optimize its capital structure and reward shareholders. During the Year, the Company spent approximately RMB 180 million to repurchase shares and granted share awards to nearly 800 employees under the Share Award Plan, aiming to incentivize the team and share the fruits of corporate development.Future Outlook: Launching the New Five-Year Plan, Focusing on Green Transition and Industrial UpgradeIn its latest financial report, the Group announced that it has formulated its Seventh Five-Year Development Plan for the period from 2026 to 2030. Looking ahead, China Risun will continue to increase its market share in the coke, refined chemicals, and hydrogen-energy products markets through capacity expansion, mergers and acquisitions, and joint ventures. Particularly in the hydrogen energy sector, the Group will actively seize policy opportunities under China's "15th Five-Year Plan," aiming to become a clean and low-carbon hydrogen energy supplier, while exploring the industrialization of liquid hydrogen and the construction of integrated hydrogen-energy stations.Faced with a complex market environment in 2025, the Group achieved counter-cyclical profitability improvements relying on its integrated and industrial-park-based operational model, exceptional cost-control capabilities, and forward-looking R&D innovation. Entering the new Five-Year Plan cycle, China Risun will resolutely drive the green transition and high-end upgrade of the coking industry, cultivate refined chemicals into a crucial "second growth curve", continuously expand its global footprint, and deepen technological innovation. The Group is committed to achieving a higher level of sustainable development and accelerating its green and low-carbon transformation, while continuing to deliver long-term value and superior returns to shareholders. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
CTF Life Collaborates with the HKMC to Refer the Policy Reverse Mortgage Programme and the Reverse Mortgage Programme
HONG KONG, Apr 1, 2026 - (ACN Newswire via SeaPRwire.com) - CTF Life announced today a new collaboration with The Hong Kong Mortgage Corporation Limited (“HKMC”), which aimed at offering customers an additional option for managing their wealth after retirement. By introducing referrals for the “Policy Reverse Mortgage Programme” (“PRMP”) and the “Reverse Mortgage Programme” (“RMP”)1, the partnership combines CTF Life’s retirement product with the HKMC’s reverse mortgage solutions to deliver more comprehensive retirement planning support that meets customers’ financial needs at every stage of life.As Hong Kong’s population ages rapidly, the need for stronger retirement protection is growing. According to the latest projection2 from the Census and Statistics Department, the proportion of people aged 65 or above in Hong Kong is expected to rise significantly from 20.6% in 2021 to 36% in 2046, a clear sign of the city’s ageing trend. As citizens live longer and spend more years in retirement, their living expenses are set to rise, driving demand for stable, sustainable income and thoughtful financial planning. In support of the Government’s initiatives to encourage early retirement planning and promote the silver economy, CTF Life has partnered with the HKMC to promote the PRMP and the RMP. These two programmes aim to provide customers with a stable income to enhance the quality of retirement life, supporting them with diverse and reliable retirement solutions.Man Kit Ip, Executive Director and Chief Executive Officer of CTF Life, said, “Hong Kong’s rapidly ageing population is driving demand for more comprehensive retirement planning solutions. We are pleased to partner with the HKMC to introduce the PRMP and the RMP through referrals, which complement CTF Life’s product suite to provide customers with stable income streams and an additional wealth management option in retirement, helping customers build well-rounded retirement solutions and reinforce our commitment to creating value beyond insurance.”Colin Pou, Executive Director and Chief Executive Officer of The Hong Kong Mortgage Corporation Limited, said, “The PRMP and the RMP help retirees convert their life insurance policies or their residential properties into steady monthly payouts, generating lifelong streams of income, thereby enhancing the quality of their retirement lives. We are pleased to collaborate with CTF Life to introduce the PRMP and the RMP to more clients, and to jointly support the Government’s initiative to address the ageing society and promote silver economy.”CTF Life’s @MyLove Insurance Plan II3 is an eligible life insurance product under the PRMP, allowing customers to use their insurance policies as collateral to apply for monthly or lump-sum payouts to meet their retirement financial needs. The plan provides life protection up to 100 years of age, together with extra accidental death benefit during the first 10 policy years, flexible premium payment options, premium prepayment options, a guaranteed cash value, plus annual dividend and terminal dividend to help customers further grow their wealth. At the same time, through the RMP, customers can convert property value into a stable cash flow. When combined with the ongoing protection provided by life insurance products, this enables a more flexible approach to asset utilisation and delivers dual, stable support for retirement wealth planning.Notes:1.The Policy Reverse Mortgage Programme and the Reverse Mortgage Programme are operated by HKMC Insurance Limited, a wholly-owned subsidiary of The Hong Kong Mortgage Corporation Limited. For further information, please refer to The Hong Kong Mortgage Corporation Limited website: www.hkmc.com.hk.2.Census and Statistics: Hong Kong Population Projections for 2022 to 20463.@MyLove Insurance Plan II is an eligible life insurance plan under PRMP, but it does not necessarily mean that the customer’s PRMP application will be approved. The eligibility of this product under the PRMP is based on the features of the product. The customer and the life insurance policy are still required to meet the eligibility criteria under PRMP before applying for the policy reverse mortgage loan.Important Notice:- The information contained in this press release is intended as a general summary of information for reference only. For more details, please refer to relevant product brochures, promotion leaflets, and policy documents. For details regarding the CTF Life @MyLove Insurance Plan II, please refer to the policy contract for details of the full terms and conditions.- This press release does not contain the full provisions of the @MyLove Insurance Plan II, and the full terms can be found in the Policy documents. The @MyLove Insurance Plan II may serve as a standalone plan(s) without bundling with other type(s) of insurance product. Please refer to the main product brochure and policy terms and conditions, as well as the explanatory documents provided by your licensed insurance intermediary, to fully understand the details and complete terms and conditions regarding the mentioned definitions, fees, product features, exclusions, and compensation payment conditions related to @MyLove Insurance Plan II.- Please refer to the product brochure for more information on the @MyLove Insurance Plan II: https://www.ctflife.com.hk/pdf/en/products/life-insurance/protection/life/@mylove-ii-insurance-plan-brochure.pdf- For further details, please contact CTF Life’s Customer Service Hotline on +852 2866 8898.- This press release is intended to be distributed in Hong Kong only and shall not be construed as an offer to sell or a solicitation to buy or provision of any of our products outside Hong Kong. Chow Tai Fook Life Insurance Company Limited hereby declares that it has no intention to offer to sell, to solicit to buy or to provide any of its products in any jurisdiction other than Hong Kong in which such offer to sell or solicitation to buy or provision of any product of Chow Tai Fook Life Insurance Company Limited is illegal under the laws of that jurisdiction.Man Kit Ip, Executive Director and Chief Executive Officer of CTF Life and Colin Pou, Executive Director and Chief Executive Officer of The Hong Kong Mortgage Corporation Limited announced a new collaboration aimed at offering customers an additional option for managing their wealth after retirement.CTF Life and The Hong Kong Mortgage Corporation Limited representatives at the collaboration kick-off ceremony.(From left to right) Eleonore Chow, Chief Executive, Agency; Ellick Tsui, Executive Director and Deputy Chief Executive Officer and Chief Financial Officer; Man Kit Ip, Executive Director and Chief Executive Officer of CTF Life; Colin Pou, Executive Director and Chief Executive Officer of The Hong Kong Mortgage Corporation Limited; Kitty Lai, Senior Vice President (Operations) of The Hong Kong Mortgage Corporation Limited / Executive Director and Chief Executive Officer of HKMC Insurance Limited; and Angela Leung, Vice President (Marketing and Business Development) of The Hong Kong Mortgage Corporation Limited.About CTF LifeChow Tai Fook Life Insurance Company Limited (“CTF Life”) is proud of its rich, 40-year legacy in Hong Kong. CTF Life is a wholly-owned subsidiary of CTF Services Limited (“CTFS”) (Hong Kong Stock Code: 659) and one of the most well-established life insurance companies in Hong Kong. As a member of Chow Tai Fook Enterprises Limited, CTF Life consistently strengthens its collaboration with the Chow Tai Fook Group (“CTF Group” or “the Group”) ecosystem to support customers and their loved ones in navigating life’s journey with personalised planning solutions, lifelong protection and diverse lifestyle experiences. By leveraging the Group’s robust financial strength and strategic investments across the globe, CTF Life aspires to become a leading insurance company in Asia while continuously creating value beyond insurance.Chow Tai Fook Life Insurance Company Limited (Incorporated in Bermuda with limited liability) Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Yuanda China’s 2025 Operating Revenue Surged 27% to RMB 2.8 Billion, with a Net Profit of RMB 0.35 Billion, turning losses into gains
HONG KONG, Apr 1, 2026 - (ACN Newswire via SeaPRwire.com) - On 31 March 2026, Yuanda China Holdings Limited (Stock Code: 02789.HK, "Yuanda China"), a global leader in the curtain wall industry, announced its audited annual consolidated results for the year ended 31 December 2025 (the "Reporting Period").In 2025, competition in the building curtain wall industry continued to intensify, placing higher demands on enterprises' technical capabilities, project management, and financial operational capability. In light of the market conditions in 2025, the Group adhered to the business principle of "prudent operation, quality improvement and efficiency enhancement, and risk control", and fully leveraged its professional strengths. During the year, the Group continued to deepen refined management, focusing on lean control throughout the entire project lifecycle to effectively improve engineering quality and delivery efficiency. At the same time, the Group strengthened supply chain coordination and strictly controlled procurement costs to further consolidate cost competitiveness. In terms of market expansion, the Group focused on quality overseas clients and high-quality projects, proactively avoiding high-risk orders to ensure healthy and stable cash flow. Furthermore, the Group deepened technological innovation, transformed its production model, obtained 7 new utility model patents, and has built a product system with core technological competitive advantages. In 2025, the Group achieved steady and robust growth by leveraging sound business strategies and exceptional project execution capabilities.Benefiting from the tangible results of continuously improving operational efficiency and the successful delivery of core projects both domestically and internationally, the Group’s operating revenue in 2025 increased significantly by 27.2% on a year-on-year basis to approximately RMB 2,814.6 million (Unit: RMB, the same below), among which, the domestic revenue amounted to approximately RMB 1,271.6 million, with an increase of 25.1% compared with 2024, contributing approximately 45.2% of the Group’s total revenue; the overseas revenue amounted to approximately RMB 1,543.0 million, with an increase of 29.0% compared with 2024, contributing approximately 54.8% of the Group’s total revenue. Meanwhile, driven by its international strategy, the Group achieved notable growth in overseas markets, particularly in Australia and the Middle East. During the Reporting Period, the total value of new projects secured by the Group amounted to approximately RMB 5,168.3 million, with an increase of approximately 55.4% compared with 2024. As at 31 December 2025, the outstanding contract value of the Group amounted to approximately RMB 13,201.3 million, which provides strong support for the Group’s development over the next two to three years.In addition, the Group focused on quality customers, enhancing both coverage and depth, while increasing the proportion of newly secured projects with higher gross profit margins. Benefiting from these initiatives, the Group’s gross profit margin steadily improved and profitability continued to strengthen. In 2025, the Group’s gross profit margin was approximately 26.1%, with an increase of approximately 6.6 percentage points compared with 2024. Furthermore, the Group continuously strengthened the collection management of trade receivables and contract assets. During the year, the receivables turnover days decreased by 41.0% on a year-on-year basis to approximately 184 days, while the turnover days of trade and bills payables decreased by 50.6% on a year-on-year basis to approximately 214 days, reflecting a comprehensive improvement in capital turnover efficiency. During the Reporting Period, the Group’s adjusted gross profit margin increased significantly by 18.8 percentage points to approximately 30.3%, demonstrating strong profit quality. For the Reporting Period, the profit for the year attributable to equity shareholders of the Company was approximately RMB 352.5 million, successfully turning losses into gains compared with a loss of RMB 354.0 million in 2024.Looking ahead to 2026, the building curtain wall industry still faces multiple pressures such as slow demand recovery, intensified competition and cost fluctuations. However, the industry will also usher in a strategic opportunity period for technological upgrading and green transformation, where innovative products such as prefabricated curtain walls and building integrated photovoltaics are expected to accelerate their penetration, and digital transformation will remain the main path for industry development. The Group will always adhere to a prudent and stable operating philosophy to integrate risk control throughout the business process. Leveraging the core strengths, the Group will closely monitor market changes, rationally plan the business layout, and ensure the smooth and orderly development of the business. In the future, the Group will balance efficiency improvement and risk control, consolidate the existing core market share through refined management, focus on core regional markets and prioritize projects with manageable risks. The Group will further strengthen technological research and development, enhance system integration capabilities, and create more benchmarking curtain wall projects; deepen internal management reforms, optimize resource allocation, and continuously improve operational efficiency and profitability. At the same time, the Group will strictly adhere to the risk bottom line to ensure capital security and promote the Group’s high-quality and sustainable development, thereby creating greater value for shareholders and delivering more high-quality projects. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
VCREDIT Releases 2025 Full-Year Results
HONG KONG, Apr 1, 2026 - (ACN Newswire via SeaPRwire.com) - March 31 2026, VCREDIT Holdings Limited ("VCREDIT" or the "Group"; Stock Code: 2003.HK), a leading technology-driven consumer financial service provider in China, today announced its audited consolidated results for the year ended December 31, 2025 (the "Year").During the Year, as the external environment remained complex and challenging, the Group dynamically optimized its strategies and strengthened risk management to enhance operational efficiency. It also consolidated its business framework, committed to building a secure and compliant digital financial ecosystem. The Group adopted a prudent strategic approach, advancing steadily while dynamically assessing new market opportunities.During the Year, the Group's loan origination volume in the Chinese mainland reached RMB58.45 billion. Cumulative registered users increased to 171 million, representing an increase of 8.2% from the end of 2024. The Group's total income remained relatively stable at RMB3,870.9 million.Prudently Optimizing Business Structure and Consolidating High-Quality Customer BaseFacing changes in the macroeconomic environment, the Group strengthened risk control and cost optimization, advancing its business prudently and gradually shifting its focus toward relatively higher-quality customer segments and more sustainable business models. By deepening ecosystem partnerships with multiple industry platforms, the Group refined its end-to-end intelligent customer acquisition and operation systems, and continued to optimize its funding partnership structure to enhance business resilience.Building upon its continuously enhanced technological capabilities, the Group focused on maintaining its base of high-quality users, intensifying collaborations with premium platforms across various sectors, including a leading comprehensive retail e-commerce provider, online travel service platforms, smart devices companies, and a map service provider. By establishing an intelligent outreach system integrating "smart SMS and AI-powered outbound calls," the Group created a full-cycle customer acquisition closed loop, encompassing precise screening, layered outreach, and efficient conversion.In operating its existing customer base, the Group implemented a two-dimensional strategy combining willingness models with risk models to execute refined and differentiated operations and services for various customer segments. Adhering to a "customer-centric" service philosophy, the Group fully integrated consumer rights protection into the entire product and service lifecycle. During the Year, repeat borrowers accounted for 80.7% of the total loan origination volume for its business in the Chinese mainland, demonstrating sustained user loyalty.Upgrading Technology-Driven Capabilities with AI Empowering Multiple Business ScenariosTechnology serves as a core strategic driver for the Group's sustainable business development. In 2025, centered on artificial intelligence (AI), the Group continued to advance the evolution from tool-based usage to systematic intelligence. Through the integration of causal inference algorithms into its "Hummingbird" intelligent risk control platform, the Group focused on enhancing risk identification capabilities and model stability within complex customer segments and volatile market environments. The application of the AI-powered marketing robot effectively contributed to improvements in customer acquisition conversion and customer value.Simultaneously, intelligent agent technologies, such as the "Digital Operations Engineer," have extended automation capabilities across the entire R&D and operational lifecycle. Currently, approximately 30% of code generation and standardized operational procedures are automated, solidifying the efficiency foundation. To address long-term technology trends, the Group has initiated specialized research on financial vertical large language models in collaboration with scientific research institutions and continues to explore technological integration with traditional finance and the Web3.0 ecosystem. The Group's research and development expenses for the Year increased by 43.9% year-on-year, reflecting the Company's continued investment in technological capabilities.Steadily Advancing International Exploration and Expanding New Business HorizonsWhile deepening its core consumer finance business in the Chinese mainland, the Group continued to advance its strategic expansion into new markets. Its Hong Kong business, "CreFIT," consistently deepened collaborations with high-quality platforms to broaden its customer base and launched a loan service featuring instant approval via WhatsApp, seeking to embed financial services into users' daily scenarios. Meanwhile, the Group formally entered the Indonesian market by launching its licensed Information Technology-Based Joint Funding Services (LPBBTI), marking an important milestone. Leveraging its proven operational experience, the Group looks forward to creating sustainable value for shareholders of the Group.Outlook: Focusing on Quality and SustainabilityLooking ahead, VCREDIT noted that the macroeconomic landscape and industry regulatory framework are evolving dynamically. The Group will continue to leverage its established capabilities in risk management and technology, while rationally embracing industry trends and innovations. Future strategies will focus on: refining and adapting credit solutions to serve high-quality customers; improving operational efficiency and risk management capabilities by continuously advancing AI technologies in core business scenarios; reinforcing long-term partnerships with licensed financial institutions and premium cross-industry scenario partners; and cautiously evaluating potential investment opportunities, pursuing appropriate arrangements as they align with long-term goals to support steady and high-quality business development. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Legend Holdings 2025 Annual Results: Both Revenue and Net Profit Rise
HONG KONG, Mar 31, 2026 - (ACN Newswire via SeaPRwire.com) - March 31, 2026, Legend Holdings Corporation (“Legend Holdings” or the “Company”; Stock Code: 3396.HK) announced the audited annual results for the year ended December 31, 2025 (the “Reporting Period”). The Company recorded revenue of RMB605,945 million, representing an 18% year-on-year increase; the net profit was RMB9,799 million, representing a 28% year-on-year increase; the net profit attributable to equity holders of the Company was RMB1,061 million, representing a significant year-on-year increase. The profit growth was primarily attributable to the recovery of the capital market, which led to a year-on-year reduction in losses from the industrial incubations and investments segment. In addition, the Board has recommended a final cash dividend of RMB0.10 per ordinary share (before tax).In 2025, the Chinese economy continued to demonstrate strong resilience. As the conclusion year of the 14th Five-Year Plan, there was a prominent focus on high-quality and innovative development. Adhering to its original aspiration of serving the country through industry, Legend Holdings closely aligned with national strategic directions, ventured into the deep waters of scientific and technological innovation, focused on the real economy, and worked with all sectors of society to foster and develop new quality productive forces.Build a Distinctive Sci-Tech Innovation System to Drive High-Quality DevelopmentLegend Holdings has actively responded to the national innovation-driven development strategy and continued to increase investment in R&D. In 2025, R&D expenses exceeded RMB17 billion, representing a year-on-year increase of 10% and reaching a new historic high. During the 14th Five-Year Plan period, the total R&D expenses exceeded RMB75 billion, marking an increase of over 60% compared to the 13th Five-Year Plan period. This firm commitment to R&D has yielded remarkable returns. The launch of the world’s first AI PC has led industry transformation, and the Company currently captures a global PC market share of over 25%, firmly ranking first in the industry. Its AI servers and Neptune liquid cooling systems have gained high recognition in the global market, placing the Company among the world’s top three server providers. The SSG services claimed the top rankings in China’s IT services sector, and a series of generative AI solutions have been launched, leading the industry’s transition from IT services to AI-driven services.During the same period, Legend Holdings has actively participated in the construction of China’s technology ecosystem and scaled up its investment in frontier domestic technologies. Focusing on national emerging pillar industries and future industries, the Company has maintained an investment pace of over 100 new and follow-on investments each year in Chinese tech enterprises across cutting-edge sectors including artificial intelligence (AI), embodied intelligence, commercial aerospace, the low-altitude economy, new energy and advanced materials, controllable nuclear fusion, semiconductors, quantum computing, and biopharmaceuticals. In AI alone, the Legend Holdings family group has invested in over 300 enterprises, making it the institution with the longest investment history and the broadest reach in China’s AI field. In 2025, the Company invested in nearly 150 Chinese tech enterprises and facilitated the listing of 15 portfolio companies on capital markets, ranking among the top performers in the market.In response to the national call for “deep integration of technological and industrial innovation”, Legend Holdings has actively fulfilled its role as a main entity in corporate technological innovation. The Company’s Forward-Looking Technology Research Institute has intensified exploration into the industrialization of early-stage cutting-edge technological achievements. It has established connections with over 60 enterprises and research institutions, launched in-depth cooperation with two universities and seven domestic and international enterprises, and selected 39 seed technologies. Earlier this year, the “Peking University-Legend Holdings Advanced Photonic Integration Technology Joint Laboratory” established in collaboration with the State Key Laboratory of Photonics and Communications at Peking University, stands as a representative example of such efforts.In addition, the Legend Holdings family group achieved multiple results in cutting-edge and core technology localization. Lenovo Research Institute, under Lenovo Group, has been driving innovation in the AI domain, launching world-leading L3 AI super agents, such as Lenovo Tianxi and Lenovo Qira, and developing the X-Engine on-device inference engine to significantly enhancing the AI PC experience. Levima Research Institute, under Levima Advanced Materials, has focused on advanced materials, filling domestic gaps in areas such as solid-state and semi-solid-state battery materials and PEEK materials. Two research projects jointly developed with the Chinese Academy of Sciences have both been designated national Key R&D Programs by the Ministry of Science and Technology.Focusing on the Real Economy and Strengthening the Industrial FoundationDuring the 14th Five-Year Plan period, Legend Holdings has been deeply rooted in the real economy. With advanced manufacturing as its backbone, the Company has made new investments totaling over RMB20 billion, with the estimated output value exceeding RMB100 billion. Within this framework, Lenovo has built its “global mother factory” of intelligent manufacturing, the Shenzhen southern base, which has earned the highest certification under China’s Intelligent Manufacturing Capability Maturity Model. Lenovo Tianjin Industrial Park has also earned “Eco-level Carbon Neutral Factory” certification, a top-tier designation globally. By establishing four major manufacturing bases across China, Lenovo has ensured the stability and security of China’s IT-related industrial and supply chains, while driving local economic progress. Levima Advanced Materials established its New Energy Materials and Biodegradable Materials Integration Project in Levima Green (Shandong) Advanced Materials Co., with an annual capacity of 200,000 tons of EVA and 300,000 tons of PO. In Jiangsu, Levima Advanced Materials established a 100,000-ton-per-year POE (polyolefin elastomer) project. Furthermore, it has established multiple projects across several locations, including the biodegradable PLA and ultra-high-molecular-weight polyethylene (UHMWPE), filling critical gaps in China’s relevant industrials.Deepening ESG Practices and Cultivating Diverse ValuesLegend Holdings remains steadfast in its commitment to green development, pursuing the harmonious integration and mutual enhancement of economic, social, and environmental values. Lenovo has maintained the highest AAA rating in the MSCI ESG Ratings for four consecutive years. It has pledged net-zero greenhouse gas emissions across its entire value chain by the end of 2050, and made itself the first high-tech manufacturing enterprise in China to receive the Science Based Targets initiative’s (SBTi) net-zero validation. Levima Advanced Materials has built a portfolio of green products centered on green industries. it has reinforced its leadership in the photovoltaic adhesive film materials industry while expanding into fields such as biodegradable materials and new energy battery materials and was designated a National Green Factory. Furthermore, Legend Holdings actively fulfills its corporate social responsibility in areas such as technological innovation and rural revitalization. Notably, the Legend Star CEO Training Program provides free entrepreneurship training to domestic technology founders. Since its inception, Legend Holdings has invested tens of millions of RMB annually. As of the end of 2025, the cumulative investment reached RMB160 million, with a total of 1,429 innovative and entrepreneurial talents cultivated. To date, 71 enterprises founded by these "Star Alumni" have successfully gone public, and 216 have been recognized as National-level Specialized, Refined, Distinctive and Innovative "Little Giant" Enterprises, driving the creation of nearly 460,000 jobs in society.Consolidating Strategic Focus and Anchoring the Future through Intelligent TransformationGuided by the agenda of high-quality development, Legend Holdings has strengthened independent innovation, steadily advanced the optimization of its asset portfolio, and enhanced capital recycling. Over the past five years, the Company has recovered a total of over RMB45 billion in capital, providing robust support for its large-scale investments in technological innovation and the real economy.Looking ahead to the 15th Five-Year Plan period, Legend Holdings will more proactively integrate into the tide of high-quality development, strengthen the guidance of technological innovation, focus on the real economy, solidly promote the development of new productive forces with the strategic focus of long-termism, and resolutely implement the transformation of major scientific and technological achievements, supporting high-level technological self-reliance and self-improvement. The Company will continue to increase R&D investment in national emerging pillar industries such as AI and new materials; maintain systematic support for China's sci-tech innovation ecosystem and innovative and entrepreneurial enterprises; accelerate the adjustment of its asset portfolio to build an industrial layout that aligns with the characteristics of the times; drive collaborative innovation across diverse businesses to create a differentiated innovation ecosystem; and establish a replicable business model with Legend characteristics in the commercialization of global cutting-edge technologies, continuously delivering results. In addition, Legend Holdings will further consolidate its industrial foundation, strengthen core competitiveness, actively fulfill social responsibilities, and contribute to the building of a Beautiful China.Mr. Ning Min, Chairman and Executive Director of Legend Holdings, stated: “Over the past year, Legend Holdings has delivered a resilient and quality-improved performance, guided by a clear technological innovation strategy and supported by the vast market space brought about by the country's promotion of new productive forces and the construction of a modern industrial system. We will firmly seize the strategic opportunities of the 15th Five-Year Plan period, and through more determined steps in innovation, a more open industrial ecosystem, and more pragmatic social contributions to align the development of the enterprise with national development, creating greater value for shareholders and society and being a steadfast practitioner of the Chinese path to modernization.” Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Thunderstruck Resources Announces Strategic Investment by Zhaojin International Gold Co. Ltd.
Vancouver, BC, Apr 1, 2026 - (ACN Newswire via SeaPRwire.com) - Thunderstruck Resources Ltd. (TSXV: AWE) (OTC: THURF) (the "Company" or "Thunderstruck") is pleased to announce that Zhaojin International Gold Co. Ltd. (SZSE: 000506) ("Zhaojin"), a Shenzhen Stock Exchange-listed gold mining company and the owner and operator of Fiji's Vatukoula Gold Mine, intends to make a strategic investment in the Company, marking Zhaojin's first investment in an exploration company.The proposed investment underscores growing strategic interest in Thunderstruck's highly prospective mineral portfolio in Fiji and is expected to strengthen the Company's ability to advance its 2026 exploration priorities through alignment with a well-capitalized and experienced mining group with an established operating presence in the country.Thunderstruck's portfolio includes district-scale exploration opportunities prospective for gold, silver, zinc and copper, and the Company believes Zhaojin's investment represents a significant validation of both its asset base and long-term growth strategy."Thunderstruck is uniquely positioned in Fiji with a portfolio that offers both scale and discovery potential, and this partnership will meaningfully enhance how we move those assets forward." stated Bryce Bradley, Thunderstruck's Chief Executive Officer. "Our objective is to build long-term value through disciplined exploration, strong technical execution and strategic partnerships, and this investment is an important step in that process. Notably, within the first year following Zhaojin's acquisition of the Vatukoula Gold Mine, the mine was successfully restored to profitability, demonstrating the operational capability that we're looking for in a partner."Terms of InvestmentZhaojin, or its affiliates, will, directly or indirectly, enter into a subscription agreement (the "Subscription Agreement") for such number of common shares of the Company that will represent approximately 19.99% of the issued and outstanding common shares of the Company following completion of the investment (the "Offering").The proposed investment will consist of 14,207,134 common shares of the Company at a price of $0.11 per common share, for aggregate gross proceeds of CDN$1,562,784.74.The net proceeds from the Offering are expected to be used to fund the Company's 2026 exploration programs on its mineral prospects in Fiji, as well as for general working capital purposes. No finder's fees are payable in connection with the Offering.The Offering remains subject to the execution of definitive documentation, including the Subscription Agreement, and is also subject to receipt of all required approvals, including approval of the TSX Venture Exchange and applicable Chinese regulatory authorities.In connection with the proposed strategic investment, the Company and Zhaojin also intend to enter into an investor rights agreement, pursuant to which, subject to certain conditions and ownership thresholds, Zhaojin will be granted certain rights, including the right to appoint one director to the Company's board of directors and to designate a Vice President, Exploration for the Company.About ZhaojinZhaojin International Gold Co. Ltd. (SZSE: 000506) is a Shenzhen Stock Exchange-listed mining company headquartered in Jinan City, Shandong Province, People's Republic of China. In Fiji, Zhaojin is the owner and operator of the Vatukoula Gold Mine, a historically significant gold operation that has been in continuous production for over 90 years and currently supports a workforce of more than 1,300 employees and contractors.Zhaojin's controlling shareholder is Zhaojin Group, a vertically integrated gold mining enterprise with operations across mineral exploration, mining, processing, smelting, refining, gold bar production and gold jewelry manufacturing. Zhaojin Group is among China's leading gold producers with reported total consolidated gold production of approximately 600,000-700,000 ounces in 2025.Warrant ExtensionIn other news, the Company announces that it intends to extend the expiry date of an aggregate of 536,666 outstanding share purchase warrants by two years.The warrants were originally issued on July 7, 2023, and currently expire on July 7, 2026. Subject to approval of the TSX Venture Exchange, the Company intends to extend the expiry date of the warrants to July 7, 2028. All other terms of the warrants will remain unchanged, including the original exercise price of $0.20 per warrant.About Thunderstruck ResourcesThunderstruck Resources is a Canadian mineral exploration company focused on the discovery of high value copper-gold porphyry, gold-silver epithermal, and VMS base-metal deposits on the main island of Viti Levu in Fiji.Fiji has a long history of mining with over 90 years of activity at the prolific Vatukoula Gold Mine alongside several other advanced development projects and mines including Tuvatu (Lion One Metals), Indicated Resources of 1.00 Mt @ 8.48 g/t Au (274,600 oz), Inferred Resources of 1.33 Mt @ 9.0 g/t Au (384,000 oz) (Tuvatu-PEA-Update-NI-43-101) and Namosi (Newmont), Proven, Measured and Indicated Resources of 1.8Bt at 0.35% Cu and 0.11 g/t Au (6.4M oz Au and 6.3Mt Cu) (Newcrest Annual Mineral Resources Update, June 2022).The Company provides investors with exposure to a diverse portfolio of exploration stage projects with potential for zinc, copper, gold and silver in a politically safe and stable jurisdiction. Thunderstruck trades on the Toronto Venture Exchange (TSX-V) under the symbol "AWE" and United States OTC under the symbol "THURF."For additional information, please contact:Bryce Bradley, Chief Executive OfficerEmail: bryce@thunderstruck.caP: +1 604 349-8119or, visit our website: http://www.thunderstruck.caNeither the TSX Venture Exchange Inc. nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) accepts responsibility for the adequacy or accuracy of this release.This news release contains certain statements that may be deemed "forward-looking statements". Although Thunderstruck believes the expectations expressed in such forward-looking statements are based on reasonable assumptions, such statements are not guarantees of future performance and actual results may differ materially from those in forward looking statements. Forward looking statements are based on the beliefs, estimates and opinions of Thunderstruck's management on the date the statements are made. Except as required by law, Thunderstruck undertakes no obligation to update these forward-looking statements in the event that management's beliefs, estimates or opinions, or other factors, should change.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/290635 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
A Closer Look at Fosun International 2025 Annual Results: ‘One-Off Risk Clearance’ Paves Way for ‘RMB10 Billion Profit’
HONG KONG, Mar 31, 2026 - (ACN Newswire via SeaPRwire.com) - On the evening of 30 March, Fosun International announced its 2025 annual results. During the Reporting Period, the Group’s total revenue reached RMB173.43 billion, and adjusted industrial operation profit was RMB4 billion.Compared to prior years, Fosun’s results have remained solid. However, pursuant to the principle of prudence, Fosun made one-off non-cash impairment provisions and value revaluations on certain real estate projects with impairment indicators and goodwill and intangible assets of certain non-core business segments, resulting in a book loss of RMB23.4 billion in 2025, of which real estate-related impairment accounted for approximately 55%, while impairment of non-core assets accounted for approximately 45%.Fosun emphasized in the announcement that these provisions do not affect the Company’s overall operations and cash flow. However, Guo Guangchang, Chairman of Fosun International, offered a sincere apology in this year’s Letter to Shareholders, stating that “A loss is never desirable.” He further explained that, “Under the current market conditions, some of the projects we invested in years ago are now valued differently from what we expected at the time of investment. Accordingly, the Board has taken a prudent decision to complete this asset impairment, allowing Fosun to focus its resources and efforts more effectively on core, high-growth areas. At a time when the global economy is generating opportunities amid volatility and China’s innovation-driven industries are gaining growth momentum, deepening our strategic focus now allows us to optimize our asset structure and helps us secure a stronger position in key sectors, positioning Fosun as a leaner, healthier, and more sustainable company.”In recent years, Fosun has steadily advance its strategy of “streamlining operations and strengthening the business, focusing on core businesses”, generating approximately RMB75 billion in cash returns from asset and business divestments. This round of impairments marks Fosun’s decisive step to clear accumulated risks on a one-off basis and shed “historical burdens”. While the book loss appears significant, from the capital market’s perspective, Fosun’s share price has rebounded more than 10% since the announcement of its results preview on 6 March, indicating the market has recognized and accepted its “risk clearance”.In his Letter to Shareholders, Guo Guangchang described this asset impairment as “repairing the roof on a sunny day”. Fosun International’s results announcement offers a clear illustration. Fosun’s core businesses has continued to deliver steady profits, reflecting solid operating fundamentals. At the same time, its long-established innovation and globalization strategies have become the core growth drivers for the Company. Collectively, these achievements underpin Fosun’s confidence in proceeding with “risk clearance” at this stage.Business fundamentals remain solid, pharmaceuticals and insurance segments deliver strong resultsLet’s start with Fosun’s business fundamentals. In 2025, Fosun International’s four core subsidiaries generated RMB128.2 billion in revenue, accounting for 74% of the Group’s total revenue. This demonstrates the results of Fosun’s strategic adjustment of “focusing on core businesses”, effectively addressing prior market concerns over “diversification”.Among them, Fosun Pharma, a core subsidiary of Fosun, achieved a net profit attributable to shareholders of the parent of RMB3.371 billion in 2025, representing a year-on-year increase of 21.69%. Fosun Pharma’s biopharmaceutical innovation platform, Henlius, recorded revenue of RMB6.667 billion and net profit of RMB827 million, delivering growth in both revenue and net profit for the third consecutive year.Next, let’s take a look at Fosun’s most important overseas subsidiary, Fosun Insurance Portugal. In 2025, Fosun Insurance Portugal achieved strong growth in revenue and net profit. Its net profit attributable to owners of the parent amounted to EUR201 million, up 15.8% year-on-year, establishing it as a stable contributor to Fosun’s profitability. Fosun Insurance Portugal has benefited significantly from Fosun’s global ecosystem, expanding its presence from Portugal to overseas markets such as Europe, Latin America and Africa. In 2025, Fosun Insurance Portugal received its inaugural A rating from S&P Global, reflecting international recognition of its asset quality and risk resilience.In Chinese mainland, Fosun’s two insurance companies have also performed well. Pramerica Fosun Life Insurance’s premium income for the year reached RMB13.28 billion, up 41.6% year-on-year, while net profit surged over 492% to RMB650 million. Meanwhile, Fosun United Health Insurance recorded insurance income of RMB7.84 billion in 2025, representing a year-on-year increase of 50.1%, with net profit reaching RMB139 million, marking five consecutive years of profitability.Core drivers: innovation and globalization strategiesFosun Pharma and Fosun Insurance Portugal embody Fosun’s two core strategies: innovation and globalization.Since its establishment, Fosun has always regarded “innovation-driven research and development (R&D)” as its core strategy, and began its global expansion following its listing in Hong Kong. After years of intensive investment and exploration, innovation and globalization strategies have become the core driving forces behind Fosun’s development, consistently delivering results that generate “compounding returns” over time.The biggest change for Fosun Pharma in 2025 was strong growth in its innovative drug breakthroughs. During the Reporting Period, Fosun Pharma’s revenue from innovative drugs reached RMB9.893 billion, representing a year-on-year increase of 29.59%, accounting for 33.16% of its pharmaceutical business revenue. Fosun Pharma had 16 indications of its 7 innovative drugs approved for marketing in China and overseas markets, while marketing applications for 6 innovative drug candidates were accepted.During the Reporting Period, nearly 40 of Fosun’s innovative drug clinical trials were approved by regulatory authorities in China, the United States and Europe, while multiple core products entered key clinical phases, laying a solid pipeline foundation for subsequent commercial growth.Henlius’ HLX43 remains the main focus of market interest. As a PD-L1-targeted antibody drug conjugate (ADC) with potential best-in-class characteristics and broad anti-tumor activity across multiple tumor types, HLX43 has shown significant advantages, with a favorable efficacy and safety profile in non-small cell lung cancer (NSCLC), gynecological tumors, esophageal squamous cell carcinoma (ESCC), and other indications. On 27 January 2025, it was approved for clinical trials in Chinese mainland, positioning it to become another landmark product for Fosun.This year, Fosun’s international business development (BD) efforts for innovative drugs made a notable impression on the market. For example, at the beginning of 2026, Fosun Pharma entered into an agreement with Eisai Co., Ltd. in relation to HANSIZHUANG, with a potential total value of over USD300 million. At the end of 2025, Fosun Pharma’s subsidiary, Yao Pharma, signed a global exclusive licensing agreement with Pfizer, with a potential total value of over USD2 billion; Fosun Pharma Industrial entered into a strategic collaboration with biotechnology company Clavis Bio, with Fosun Pharma eligible to receive up to USD7.25 billion in payments.In terms of globalization, Fosun has established a profound business presence in more than 40 countries and regions worldwide. Today, it has achieved comprehensive globalization across products, services, and brands. In 2025, Fosun’s overseas revenue reached RMB94.86 billion, accounting for 54.7% of total revenue, representing a year-on-year increase of 5.4 percentage points. Fosun’s globalization strategy has evolved from “acquiring globally” to “earning globally”.Club Med, a subsidiary of Fosun Tourism Group, operates 67 resorts worldwide. During the Reporting Period, Club Med once again achieved record-high performance, with revenue reaching RMB18.07 billion, representing a year-on-year increase of 3.6%, while operating profit reached RMB1.44 billion, up 4.6% from 2024.Hainan Mining, a subsidiary of Fosun, has now developed into a global resource + new energy company and has made remarkable strides in its global expansion. Hainan Mining’s model of “overseas resources + processing in Hainan” entered a substantive operational stage in 2025. Its Bougouni Lithium Mine in Mali produced 45,000 tons of lithium concentrate, with the first shipment of 30,000 tons arriving at Yangpu Port in Hainan in January 2026. Additionally, through its subsidiary Roc Oil and the newly acquired oilfield project in Oman, Hainan Mining has accelerated the building of a “minerals + energy” network spanning West Africa, the Middle East, and Southeast Asia.International rating agencies affirm Fosun International’s rating outlook as “stable”Fosun’s financial position remains the market’s primary focus.According to Fosun International’s results announcement, during the Reporting Period, cash, bank balances and term deposits amounted to RMB61.1 billion; unutilized banking facilities amounted to RMB144.6 billion; total debt to total capital ratio was 57%. Fosun has maintained a healthy financial position, with ample cash reserves. International rating agencies have broadly affirmed Fosun International’s rating outlook as “stable”.Guo Guangchang stated in his Letter to Shareholders that, at present, Fosun’s core businesses remain solid, liquidity position is robust, and banking relationships remain stable. The Company’s major shareholder and management team have announced plans to increase their holdings in the shares of the Company and the Company will also proceed with a share buyback program. With Fosun’s core businesses continuing to grow and strategic plans firmly on track, “We are confident in our ability to support a return of the share price to fair value and better protect the long-term interests of our shareholders.”In addition to its results announcement, Fosun announced that it is committed to increasing its dividend payout ratio, targeting an increase from the current 20% to 35% for the 2026 financial year. Based on the accumulated distributable profit of the Company, the dividend for the 2026 financial year is expected to be not less than HKD1.5 billion.We can reasonably expect that this round of “strategic streamlining” will inject greater certainty into Fosun’s future business growth.In this year’s Letter to Shareholders, Guo Guangchang also disclosed Fosun’s medium-term financial goals: “We strive to gradually restore annual profit to the RMB10 billion level; at the group level, we aim to generate RMB60 billion in cash returns, reduce total debt to below RMB60 billion, and strive to achieve an investment-grade rating.” He stated that, “Fosun has always stayed true to its original aspiration: to do the right things, the difficult things and the things that take time to develop. For Fosun’s future, we do not seek short-term gains; we seek to build a foundation for lasting success.” Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
GOME Retail Delivers Marked Improvement in 2025 Results
HONG KONG, Mar 31, 2026 - (ACN Newswire via SeaPRwire.com) - GOME Retail Holdings Limited (StockCode: 493.HK, "GOME Retail" or the "Company", together with its subsidiaries,the "Group") today announced its annual results for the year ended 31December 2025. In 2025, facing a complex external operating environment,the Group stayed true to its mission and vision of "Better homes and lifestylesthrough GOME", and focused its efforts on the three strategic pillars of DebtResolution, Asset-light Transformation and New Business Cultivation.Bolstered by the national policies of Expanding Domestic Demand andBoosting Consumption, the Group achieved a notable upgrade in operatingquality and accelerated the release of outcomes from its strategictransformation, laying a solid foundation for returning to the track of recovery.Operating Performance Bottoms Out and Rebounds, Debt Resolution Achieves BreakthroughsIn 2025, the Group's overall operating performance bottomed out andrebounded, recording a total revenue of RMB 538 million, representing anincrease of 13.50% year-on-year. The loss attributable to owners of the parentwas RMB 5,944 million, a substantial narrowing of 48.89% compared with thesame period in 2024. During the period, the Group optimized resourceallocation by focusing on core operations and strengthening strategictransformation. Both selling and distribution expenses and administrativeexpenses decreased substantially, while operational efficiency improvedsimultaneously. In terms of debt resolution, the Group reached convertiblebond repayment agreements and advanced diversified arrangements such asdebt-to-equity swaps with major creditors and partners. It optimized theasset-liability structure without increasing cash flow pressure, effectivelymitigated risks at the subsidiary level, stabilized cooperative relationships withcore creditors and the supply chain, provided a replicable demonstration pathfor subsequent risk disposal, and gradually restored corporate credit.Asset-light Transformation Gathers Pace, Regional Operations Fully RecoverThe Group firmly implemented the strategic principle of Asset-light,Operation-focused, Strong Governance and Replicable, centered on the coreobjectives of Sales, Revenue and Positive Cash Flow, and built a synergisticstructure of Online Sales-oriented, Offline Exhibition-assisted under the threemain lines of Online, Offline and Supply Chain + Marketing. Throughstandardized training, supply chain empowerment and a digital managementplatform, the Group rapidly promoted the large-scale development of franchisebusiness; it innovated quasi-franchise models such as City Agency + ExternalPromoter Commission + Franchise Sub-franchise, and successfully restoredoperations in key regions including Beijing, Shenyang and Harbin. As at theend of 2025, the Group's offline stores focused on efficient operations in corecities, with resources concentrated in first-tier markets, and operating qualityimproved steadily.New Businesses Driven by Dual Engines to Cultivate New GrowthDriversBased on industry trends and policy guidance, the Group actively cultivatednew growth drivers, with a key focus on the layout of instant retail and AI retail.In the instant retail sector, in response to the national policies on innovationand upgrading of the retail industry, the Group plans to launch the pilot ofGOME Instant Warehouse in first-tier cities, prime business districts andsecondary locations through an asset-light cooperation model, build acommunity instant retail network with the synergy of In-store + Home Delivery,and tap into the trillion-yuan instant retail market. In the AI retail sector, theGroup introduced an AI intelligent engine to empower the full-chain operation,and meanwhile planned to introduce AI home appliance products, buildintelligent robot experience stores, and promote the digital and intelligenttransformation of the retail business.OUTLOOK AND PROSPECTSThe management of GOME Retail stated: Despite the hard-won progressachieved in 2025, the Company still faces challenges in fully emerging fromdifficulties and returning to steady growth. Looking ahead to 2026,management maintains a cautiously optimistic outlook and will continue to:1. Prioritise risk resolution: Debt resolution remains a top priority formanagement. We will maintain open communication with creditors, pursuediversified solutions, and strive to fundamentally reduce financial burdens andrestore a healthy balance sheet.2. Drive strategy execution with focus: We will steadfastly implement ourasset-light development strategy. Online, we will build a closed-loopomni-channel matrix integrating internal and external platforms, driven byblockbuster products and comprehensive traffic aggregation. Offline, we willcontinue to optimise and rapidly replicate our franchise network, with anemphasis on expanding community stores and city experience centres.3. Actively capture policy and market opportunities: 2026 marks the first yearof the nation ’ s 15th Five-Year Plan. We will closely align with and leveragenational policies aimed at expanding domestic demand and boostingconsumption, deepening the recovery of our core retail business. At the same time, we will strategically invest resources to explore and scale newbusinesses, cultivating medium – to long-term growth momentum.4. Strengthen lean management and synergy across the Group: We willdeepen lean management practices, optimise our cost structure, and enhancesynergies between online and offline operations and across businesssegments to improve overall operational efficiency and risk resilience.Management is confident that, with a clear strategy, disciplined execution, andthe dedication of all employees, GOME can seize the historic opportunitiespresented by the recovery and upgrading of the consumer market, overcomecurrent challenges, and steadily fulfill its commitment to creating long-termvalue for shareholders and society.About GOME Retail Holdings LimitedGOME Retail Holdings Limited was listed on the Stock Exchange of HongKong Limited in July 2004 (Stock Code: 493). Founded in China in 1987, theGOME Group is committed to building a leading technology-driven,experience-oriented, entertainment-style and socialized home life technologyretail service provider in China. Upholding the Home · Life strategy, theGroup takes the retail of electrical appliances and consumer electronicproducts as its core business and builds a full-category closed-loop ecosystem.For more details, please visit the Company's website: www.gome.com.hkThis press release is issued by EVER BLOOM (HK) COMMUNICATIONS CONSULTANTS GROUP LIMITED on behalf of GOME Retail Holdings Limited. For enquiries, please contact:EVER BLOOM (HK) COMMUNICATIONS CONSULTANTS GROUP LIMITEDMs. Julia Liang / Mr. Adonis LiangTel: (852) 3468 8944 Fax: (852) 2111 1103Email: julia.liang@everbloom.com.cn / adonis.liang@everbloom.com.cn Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Datavault AI and Coppercore Inc. Announce Tokenization of High-Grade Copper Resources into Coppercoin(TM)
PHILADELPHIA, PA, Mar 31, 2026 - (ACN Newswire via SeaPRwire.com) - Datavault AI Inc. ("Datavault AI" or the "Company") (NASDAQ:DVLT), a leader in data monetization, credentialing, digital engagement, and real-world asset (RWA) tokenization technologies, and Coppercore Inc. ("Coppercore") today announced the closing of a definitive agreement to digitize and tokenize significant copper resources.The transaction enables Datavault AI to deploy its patented IDE®, DataScore®, and DataValue® blockchain tokenization platform to create Coppercoin™ digital tokens representing pro-rata ownership interests in the underlying in-ground resources. The initial program targets the minting of $100 million or more in Digital Copper Tokens.Coppercoin™ tokens are structured such that each token corresponds to five pounds of underlying high-grade copper resources, with pricing directly linked to the COMEX copper benchmark on a per-pound basis.This mechanism provides fractional, transparent, and liquid digital ownership while aligning investors' returns with physical copper market dynamics and future production upside. The initial $100 million program is scheduled for launch by the end of the second calendar quarter of this year, making tokenized copper accessible to global investors around the clock.Coppercoin™ introduces a new digital asset class that delivers market efficiencies and opportunities, including upgrade of processes and the future production of copper industrial products such as Cu concentrate, Cu cement, and Cu refined copper ("Cathodes").Copper is the foundational metal powering the global energy transition, AI infrastructure, electrification, renewable energy systems, and decarbonization. Global copper demand is projected to surge dramatically - 24% by 2035 (Wood Mackenzie) and up to 50% by 2040 (S&P Global), driven by AI data centers, electrification, and global energy expansion, while supply constraints risk significant deficits. Traditional copper markets (primarily trade on the London Metal Exchange (LME) and Commodities Exchange Inc. (COMEX) remain complex and less accessible for many investors worldwide. Coppercoin™ changes this by offering transparent, fractional, and liquid digital ownership - tradeable 24/7 - providing global investors an easy, compliant way to participate in the copper market opportunity.Nathaniel T. Bradley, CEO of Datavault AI, stated: "Today's agreement with Coppercore represents a major milestone in our global RWA tokenization strategy. By tokenizing copper resources, we are delivering institutional-grade, verifiable, and liquid digital ownership to investors while directly supporting the critical minerals supply chain that powers AI, electrification, and the energy transition. This partnership validates our patented platform as the benchmark infrastructure for compliant tokenization of strategic natural resources."Antonio Treminio, CEO of Coppercore Inc., added: "Partnering with Datavault AI allows Coppercore, as an exploration, development, and production-oriented copper mining company, to accelerate value creation from our high-grade copper and silver assets through a modern blockchain structure. Coppercoin™ provides a compliant, 24/7 digital pathway for investors worldwide to own and trade copper exposure, capturing production upside as we advance toward commercial output."The tokenized assets will leverage Datavault AI's proprietary smart-contract technology for verifiable ownership, AI-driven valuation, and future revenue participation rights tied to commercial copper production. This transaction further solidifies Datavault AI's leadership in tokenizing strategic natural resources and establishes Coppercoin™ as the benchmark for compliant, liquid digital mineral assets.About Datavault AI Inc.Datavault AI™ (NASDAQ:DVLT) is a pioneer in AI-driven data experiences, valuation, and monetization of assets in the Web 3.0 environment. The Company's cloud-based platform delivers comprehensive solutions across its Acoustic Sciences and Data Sciences divisions.Datavault AI's Acoustic Sciences division features WiSA®, ADIO®, and Sumerian® patented technologies for spatial and multichannel wireless, high-definition sound transmission, including intellectual property covering audio timing, synchronization, and multi-channel interference cancellation.The Data Science Division harnesses Web 3.0 and high-performance computing to enable experiential data perception, valuation, and secure monetization. The platform serves multiple industries, including sports & entertainment, events & venues, biotech, education, fintech, real estate, healthcare, energy, and more.The Information Data Exchange® (IDE®) enables Digital Twins and licensing of name, image, and likeness by securely attaching physical real-world objects to immutable metadata, fostering responsible AI with integrity. Datavault AI's technology suite is fully customizable and includes AI and machine learning automation, third-party integration, detailed analytics, marketing automation, and advertising monitoring.The Company is headquartered in Philadelphia, PA. Learn more at https://datavaultsite.com.About Coppercore Inc.Coppercore Inc. is an exploration, development, and production-oriented copper mining company focused on the advancement of high-grade copper and silver resources toward commercial production. www.coppercore.coForward-Looking StatementsThis press release contains "forward-looking statements" (within the meaning of the Private Securities Litigation Reform Act of 1995, as amended, and other securities laws) about Datavault AI Inc. ("Datavault AI," the "Company," "us," "our," or "we") and our industry that involve risks and uncertainties. In some cases, you can identify forward-looking statements because they contain words, such as "may," "might," "will," "shall," "should," "expects," "plans," "anticipates," "could," "intends," "target," "projects," "contemplates," "believes," "estimates," "predicts," "potential," "goal," "objective," "seeks," "likely" or "continue" or the negative of these words or other similar terms or expressions that concern our expectations, strategy, plans or intentions. The absence of these words does not mean that a statement is not forward-looking. Such forward-looking statements, including, but not limited to, statements regarding future events, the expected benefits of the partnership with Coppercore, anticipated deployment of the Company's proprietary IDE®, DataScore®, DataValue®, and Data Vault® platforms to digitize ownership interests in Coppercore's copper-silver mineral resources through blockchain-based tokenization, and expected operational, technical, and commercial outcomes of the Company's commercial strategy, and the projected direction and market impacts of regulatory changes with respect to digital assets, are necessarily based upon estimates and assumptions that, while considered reasonable by the Company and its management, are inherently uncertain.Readers are cautioned not to place undue reliance on these and other forward-looking statements contained herein.Actual results may differ materially from those indicated by these forward-looking statements as a result of various risks and uncertainties including, but not limited to, the following: changes in market demand for secure high-performance data processing; the performance, timing, or success of the deployment of the Company's proprietary IDE®, DataScore®, DataValue®, and Data Vault® platforms to digitize ownership interests in Coppercore's copper-silver mineral resources through blockchain-based tokenization; changes in market demand for Datavault AI's services and products; changes in economic, market, or regulatory conditions; risks relating to evolving regulatory frameworks applicable to tokenized assets; risks associated with technological development and integration; and other risks and uncertainties as more fully described in Datavault AI's filings with the SEC, including its Annual Report on Form 10-K for the year ended December 31, 2025 and other filings that Datavault AI makes from time to time with the SEC, which are available on the SEC's website at www.sec.gov, and could cause actual results to vary from expectations.The forward-looking statements made in this press release relate only to events as of the date on which the statements are made. Datavault AI undertakes no obligation to update any forward-looking statements made in this press release to reflect events or circumstances after the date of this press release or to reflect new information or the occurrence of unanticipated events, except as required by law.Datavault AI may not actually achieve the plans, intentions, or expectations disclosed in its forward-looking statements, and you should not place undue reliance on such forward-looking statements. Datavault AI's forward-looking statements do not reflect the potential impact of any future acquisitions, mergers, dispositions, joint ventures, or investments it may make.For more information, visit https://datavaultsite.com or contact investor relations.Sources:1. Wood Mackenzie, "High-Wire Act: Is Soaring Copper Demand an Obstacle to Future Growth?" (November 2025). Projects global copper demand to surge 24% by 2035, rising to 42.7 Mtpa, driven by data centers, electrification, defense, and emerging markets. woodmac.com2. S&P Global, "Copper in the Age of AI: The Challenges of Electrification" (January 8, 2026). Projects copper demand to reach 42 million metric tons by 2040 - a 50% increase from current levels - driven by AI, data centers, EVs, and global electrification, with a potential 10 million metric ton supply shortfall. spglobal.comMedia Contacts:Alan WallaceHead of Public Relationsmarketing@dvlt.aiInvestor ContactEdward BargerVP, Investor Relationsir@dvlt.aiebarger@dvlt.aiSOURCE: Datavault AI Inc Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
TANAKA Memorial Foundation Announces Recipients of Precious Metals Research Grants
TOKYO, Mar 31, 2026 - (ACN Newswire via SeaPRwire.com) - The TANAKA Memorial Foundation’s Representative Director, Hideya Okamoto, announced the recipients of the FY2025 Precious Metals Research Grants.Following a rigorous screening process, this year’s Ichiro Tanaka Awards, for 3 million yen each, were presented to Professor Takanori Iwasaki of Kyushu University and Professor Toshinori Fujie of Institute of Science Tokyo. In addition, four research projects received the Innovative Precious Metals Award, and five KIRAMEKI Awards were presented.The TANAKA Memorial Foundation undertakes programs designed to foster developments in new precious metal fields while contributing to the advancement of science, technology, and socioeconomics for the overall enrichment of society. The research grant program was launched in FY1999 and has continued each year since with the goal of supporting the various challenges of the “new world opened up by precious metals.” With “Forging a better tomorrow with ‘Hirameki’ and ‘Kirameki’” adopted as the catchphrase, applications were invited for research and development themes that contribute toward the continued creation of a better future using the creativity of researchers and the potential of precious metals. A total of 244 applications were received for this year, the program’s 27th year, and a total of 27 research grants for a combined total of 19.8 million yen were awarded.The names of the recipients of the Ichiro Tanaka Award, their research, and the reasons for their selection are below.Ichiro Tanaka AwardProfessor Takanori Iwasaki of Kyushu UniversityChemical Recycling of Recalcitrant Polymer Materials Using Hydrogen TransportThis research seeks to address the degradation of polyurethane using a proprietary precious metal complex catalyst. It has been demonstrated that polyurethane can be decomposed by hydrogen gas. As the development of chemical recycling methods for polyurethane used in cushioning materials such as automotive seats and mattresses is essential for promoting the reuse of waste plastics, it was highly rated as research and development that makes a significant contribution to the realization of an environmentally sustainable society.Ichiro Tanaka AwardProfessor Toshinori Fujie of Institute of Science TokyoDevelopment of Biodegradable Nanosheet Electrodes Composed of Inkjet-Printed Gold Wires and Their Application to Plant Health Measurement SystemsThis research measures changes in the surface potential of plant leaves in real time by formation of an array of gold electrodes on a polymer ultrathin film substrate. By investigating materials with minimal impact on living organisms, it is expected that raw data can be obtained from plants. Furthermore, the research was highly rated for its potential to reveal not only changes in bio-surface potential in plants but also changes in various conditions in animals.Four Innovative Precious Metals Awards, 16 HIRAMEKI Awards, and five KIRAMEKI Awards were also granted. The recipients and an overview of the Precious Metals Research Grants are indicated below. Applications for the FY2026 research grants are scheduled to open in the fall.Overview of the 2025 Precious Metals Research Grants[Conditions]New research and development themes—either using precious metals or that can be applied to precious metals—that contribute to the creation of a sustainable future, with research content that falls under any of the following.- New technology related to precious metals (new materials, processing methods, process development, etc.)- Research that brings about innovative evolution in product development (new functions, process development, computational science, etc.)- Research and development of new products using precious metals* Precious metal refers to eight elements of platinum, gold, silver, palladium, rhodium, iridium, ruthenium and osmium.* If development is conducted jointly (or planned to be) with other material manufacturers, please indicate so.* Products that have already been commercialized, put to practical use, or that are planned are not eligible.[Grant Amounts] (Maximum amounts from a grant pool of 20 million yen)- Umekichi Tanaka Award: 10,000,000 yen- Ichiro Tanaka Award: 3,000,000 yen- Innovative Precious Metals Award: 1,000,000 yen- HIRAMEKI Award: 300,000 yen- KIRAMEKI Award: 1,000,000 yen* The grant amount is treated as a scholarship donation.* Awards may not be granted in some cases.[Eligible Candidates]- Personnel who work for educational institutions in Japan (universities, graduate schools, or technical colleges) or public and related research institutions may participate.- As long as the applicant is affiliated with a research institution in Japan, the base of activity can be in Japan or overseas.- KIRAMEKI Awards are for researchers under the age of 37 as of April 1, 2025.[Application Period]- 9 am, September 1, 2025 (Mon) - 5 pm, November 28, 2025 (Fri)[Inquiries Concerning the Research Grant Program]Precious Metals Research Grants OfficeGlobal Marketing / R&D Supervisory Department, TANAKA PRECIOUS METAL TECHNOLOGIES Co., Ltd.2-6-6 Nihonbashi Kayabacho, Chuo-ku, Tokyo 103-0025E-mail: joseikin@ml.tanaka.co.jpTANAKA Memorial Foundation website: https://tanaka-foundation.or.jpTANAKA Memorial FoundationOrganization Name: TANAKA Memorial FoundationAddress: 2-6-6 Nihonbashi Kayabacho, Chuo-ku, TokyoRepresentative: Hideya Okamoto (Special Advisor, TANAKA Holdings Co., Ltd.)Incorporated: 2015Purpose of Business: To provide grants for research related to precious metals to contribute to the development and cultivation of new fields for precious metals, and to the development of science, technology, and the social economy.Areas of Business:- Provision of grants for scientific and technological research related to precious metals. - Recognition of excellent analysis of precious metals and holding of seminars and other events.TANAKA PRECIOUS METAL TECHNOLOGIES Co., Ltd.Headquarters: 2-6-6 Nihonbashi Kayabacho, Chuo-ku, TokyoRepresentative: Koichiro Tanaka, CEOFounded: 1885Incorporated: 1918Capital: 500 million yenEmployees: 2,862 (Including overseas subsidiaries) (December 31, 2025)Sales: 419,177,145,000 yen (FY2025)Main businesses: Manufacture, sales, import and export of precious metals (platinum, gold, silver, and others) and various types of industrial precious metals products.URL: https://tanaka-preciousmetals.com(TANAKA Industrial Precious Metal Materials Portal)Press InquiriesTANAKA PRECIOUS METAL GROUP Co., Ltd.https://tanaka-preciousmetals.com/en/inquiries-for-media/Press Release: https://www.acnnewswire.com/docs/files/20260331_EN.pdf Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Hong Kong exporter sentiment moderates amid global uncertainties
HONG KONG, Mar 31, 2026 - (ACN Newswire via SeaPRwire.com) - Amid ongoing global trade and economic uncertainties, Hong Kong exporters have adopted a more cautious stance in the first quarter of 2026, despite a strong export performance in the last few months, according to new research from the Hong Kong Trade Development Council (HKTDC). The HKTDC 1Q26 Export Confidence Index, released today, showed moderate declines for two key indicators, the Current Performance Index and the Expectation Index. For 1Q26, the Current Performance Index stood at 46.5. Meanwhile, the Expectation Index returned a figure of 46.9, reflecting caution among survey respondents in light of the uncertain external environment.Trade value expectations, however, remained relatively steady. The Trade Value Sub-Index stayed near the neutral threshold, with the Current reading at 50.9 and the Expectation reading at 49.1. This suggests that unit prices are expected to hold firm in the next few months. Meanwhile, both the Current and Expected Inventory Sub-Index rose above 60, indicating inventory rundown amid growing shipments in the early months of the year.Market outlook: Cautious optimismCommenting on the findings, HKTDC Director of Research, Bruce Pang, said: “The outlook for many of Hong Kong’s major markets has moderated somewhat, including the ASEAN bloc and the Chinese Mainland, largely on account of ongoing geopolitical developments. In the longer term, however, fundamental demand – especially for electronics and other consumer sectors – remains resilient. Hong Kong’s trade prospects should stay positive, yet remain cautious, pending the further easing of global geopolitical conflicts.”Sector performance: Jewellery and clothing outperformDespite the overall softening, several key sectors outperformed the overall Index. Most notably, the jewellery sector rallied impressively, supported by robust sales and sizeable new orders. The jewellery sector’s Current reading climbed to 57.1 (up 5.9), while its Expectation reading rose to 56.0 (up 1.1). The clothing sector also showed considerable improvement, with its Current Index rising to 52.1 (up 6.1) and its Expectation Index increasing by 9.2 points to 53.4. However, sentiment among electronics exporters weakened, with a Current reading of 44.9 and an Expectation reading of 45.6, signalling disruptions over the Chinese New Year period.Cost pressures showed signs of stabilising. Although still in negative territory, the Cost Sub-Index improved significantly, with the Current reading rising 15.2 points to 38.1 and its Expectation reading up by 8.5 points to 41.3. This indicates potential sustained relief from cost pressures, despite recent surges in oil and energy prices triggered by developments in the Middle East. The impact of the recent conflict in the region was not factored into this survey as the fieldwork was carried out in January and February.E-commerce as a growing sales channelAs part of the same survey, HKTDC Research also conducted a thematic assessment of Hong Kong exporters’ cross-border e-commerce business. The findings showed that 46% of respondents were already engaged in cross-border e-commerce, while a further 20% plan to enter the sector within the coming year. Among companies already engaged in cross-border e-commerce, the Chinese Mainland ranked as the leading e-commerce sales destination (24%), followed by the EU27 & UK (17%) and Canada & the US (15%), while the ASEAN bloc (14%) continued to emerge as a promising market with notable growth potential.Kenneth Lee, HKTDC Section Head of Special Project & Business Advisory, added: “Market diversification remains a key strategy for Hong Kong traders to mitigate risks. At the same time, more companies are leveraging e-commerce channels to boost sales and enhance business sustainability amid an uncertain external environment.”ReferencesHKTDC Export Confidence Index 1Q26: Hong Kong Exporters Stay Cautious Amid Uncertaintieshttps://research.hktdc.com/en/article/MjI4MDE5MDc3OQHKTDC Research website: https://research.hktdc.com/en/Photo download: https://bit.ly/4s5kh7oHKTDC Director of Research Bruce Pang (right) and Section Head of Special Project & Business Advisory Kenneth Lee (left), announced the HKTDC Export Confidence Index for 2026’s first quarter at a press conference todayHKTDC Director of Research Bruce PangHKTDC Section Head of Special Project & Business Advisory Kenneth LeeMedia enquiriesPlease contact the HKTDC’s Communications and Public Affairs Department:Johnny TsuiTel: (852) 2584 4395Email: johnny.cy.tsui@hktdc.orgAgnes WatTel: (852) 2584 4554Email: agnes.ky.wat@hktdc.orgAbout HKTDCThe Hong Kong Trade Development Council (HKTDC) celebrates its 60th anniversary this year. The HKTDC is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Asia Pioneer Entertainment Signs Strategic Agreement with Global Playing Card Brand BEE(R) in Macau
MACAU, HONG KONG, Mar 31, 2026 - (ACN Newswire via SeaPRwire.com) - Asia Pioneer Entertainment Holdings Limited (APE, Stock Code: 8400.HK), a Hong Kong-listed Macau company, together with Cartamundi, a global playing card manufacturing company from Belgium, signed a strategic cooperation agreement at the Macau International Environmental Cooperation Forum & Exhibition (MIECF) on March 27, 2026. The agreement lays the foundation for introducing advanced sustainable production technologies into Macau, marking the first step in BEE(R)’s journey under the banner “Global Brand - Made in Macau.”The strategic cooperation agreement for the “International Green Production Technology Introduction to Macau” was signed by Herman Ng, Executive Director and CEO of APE, and Jason Pearce, Managing Director of Cartamundi APAC. The signing ceremony was witnessed by Elaine Wong, Acting Chairperson of the Commerce and Investment Promotion Institute (IPIM), Macao SAR; Yang Quanzhou, Deputy Director-General of the Economic Department of the Liaison Office of the Central People’s Government in the Macao SAR; Hoi Chi Leong, Deputy Director of the Environmental Protection Bureau, Macao; Chan Long Seng, Deputy Supervisor of the Macao Chamber of Commerce; alongside Geoffroy de Myttenaere, CFO of Cartamundi Group, and Tony Chan, Executive Director and CFO of APE. This milestone signals a forward-looking partnership that will align international expertise with Macau’s vision for green innovation and economic diversification.Herman Ng, Executive Director and CEO of APE, commented: “We are proud to welcome Cartamundi into Macau through this cooperation. This collaboration not only offers our customers a more diversified product range, but also brings internationally renowned brands and advanced production technologies to Macau.”Jason Pearce, Managing Director of Cartamundi APAC, added: “Macau’s unique position as a gateway to Asia makes it the ideal platform for our next steps. Today’s agreement is only the beginning of a journey that will bring global innovation closer to Macau.”A Prelude to InnovationWhile today’s signing focuses on the strategic framework, the partners hinted at further developments to be unveiled in the coming months. This cooperation represents more than a business alliance — it is a commitment to shaping Macau’s role in global sustainability and high-tech industries.Strategic Cooperation Highlights- Sustainable Technology, Made in Macau: Agreement sets the stage for sustainable, high-efficiency production.- Driving Diversification: Integrating High-Tech and Green Innovation under Macau’s “One Center, One Platform, One Base” Vision.- Gateway to Global Markets: Positions Macau as a hub linking Europe, Portuguese speaking countries, and Asia.- Commitment to Responsibility: A shared pledge to innovation and a greener future.About Asia Pioneer Entertainment Holdings LimitedAsia Pioneer Entertainment Holdings Limited (APE), established in 2006 and listed on the Hong Kong Stock Exchange (Stock Code: 8400.HK), is a leading supplier of electronic gaming equipment and table solutions to casinos in Macau and across Asia. Beyond its core gaming business, APE is actively expanding into smart vending solutions in Macau, further strengthening its contribution to the region’s innovation economy.Website: apemacau.comAbout CartamundiCartamundi Asia Pacific is part of Cartamundi Group, a seventh-generation family-owned company headquartered in Belgium. With a global network of 12 close to market manufacturing facilities, design centers, and sales offices across four continents, Cartamundi partners with leading Integrated Resorts worldwide to deliver premium gaming solutions. Its strategy focuses on sustainable, profitable growth, ensuring we preserve our planet and our legacy for generations to come.Website: cartamundi.comMedia ContactVictoria ManPublic Relations, Cartamundi & Asia Pioneer EntertainmentTel/Whatsapp/WeChat: +853 63952307Left: Herman Ng, Executive Director and CEO of APERight: Jason Pearce, Managing Director of Cartamundi APAC Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Union Bank of Taiwan and Bank SinoPac in Taiwan Enable JCB Contactless Payments with Google Pay
TOKYO and TAIPEI, Mar 31, 2026 - (ACN Newswire via SeaPRwire.com) - JCB Co., Ltd., the only international payment brand originating from Japan, together with its international operations subsidiary, JCB International Co., Ltd. (collectively, “JCB”), today announced that JCB-branded credit cards issued by Union Bank of Taiwan and Bank SinoPac will, for the first time outside Japan, support JCB Contactless payments via Google Pay, starting from March 31, 2026.About Google PayGoogle Pay is a contactless mobile payment service available on Android™ smartphones and other compatible devices. By adding credit cards or other payment methods, users can make payments conveniently using their smartphones and other devices. With built-in authentication, transaction encryption, and fraud protection, Google Pay helps keep your money and personal information safe.> Learn more about Google Pay (URL)Google Pay requires the Google Wallet app to be downloaded.Android, Google Pay, and Google Wallet are trademarks of Google LLC.About JCB Contactless PaymentsJCB Contactless is a contactless payment solution that enables cardmembers to complete payments simply by tapping their JCB Contactless-enabled cards, or smartphones with JCB Cards registered, on compatible contactless terminals. JCB Contactless can be used at a wide range of merchants and public transportation systems in Japan and overseas.For payments above a certain amount, cardmembers may be required to verify their identity by providing a signature or by inserting the card and entering a PIN, depending on the transaction conditions.> Learn more about JCB ContactlessAbout Union Bank of Taiwan and Bank SinoPacUnion Bank of Taiwan and Bank SinoPac provide comprehensive financial services in Taiwan, including the issuance of credit and debit cards.JCB has partnered with Union Bank of Taiwan since 2000 and with Bank SinoPac since 1998 to issue JCB-branded credit cards, and both banks have issued a substantial number of JCB Cards in the Taiwanese market.About JCBJCB is a major global payment brand and a leading credit card issuer and acquirer in Japan. JCB launched its card business in Japan in 1961 and began expanding worldwide in 1981. Its acceptance network includes about 71 million merchants around the world. JCB Cards are now issued mainly in Asian countries and territories, with more than 175 million cardmembers. As part of its international growth strategy, JCB has formed alliances with hundreds of leading banks and financial institutions globally to increase its merchant coverage and cardmember base. As a comprehensive payment solution provider, JCB commits to providing responsive and high-quality service and products to all customers worldwide. For more information, please visit: www.global.jcb/en/ContactAnna TakedaCorporate CommunicationsTel: +81-3-5778-8353Email: jcb-pr@info.jcb.co.jp Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
From Fragmentation to Scale: Extreme Vision Bridges the B2B AI Chasm with Platform + Ecosystem
HONG KONG, Mar 31, 2026 - (ACN Newswire via SeaPRwire.com) - Bringing artificial intelligence from the laboratory to a broad spectrum of industries—particularly in the B2B market—demands that AI companies overcome a formidable set of challenges: how to precisely match complex, ever-evolving business scenarios; how to achieve scalable delivery; and how to establish a sustainable business model.Extreme Vision, based in Qingdao, Shandong, has delivered its answer through a compelling set of metrics. As of September 30, 2025, the Company had completed over 6,000 projects, recorded a product repurchase rate exceeding 80%, and served more than 100 industries, including manufacturing, energy, retail, and transportation. Revenue grew from RMB101.6 million in 2022 to RMB257.3 million in 2024, representing a compound annual growth rate of 59.2%. The Company turned profitable in 2024.A Platform-based Approach to Tackling the Fragmentation ChallengeExtreme Vision was founded by three entrepreneurs born in the 1990s: Mr. Chan Chan Kit, Ms. Luo Yun, and Mr. Chen Shuo. Mr. Chan Chan Kit holds a direct stake of 16.05% in the Company and serves as its largest shareholder, legal representative, chairman of the board, executive director, and general manager. The three founders, all alumni of Sun Yat-sen University, first conceived the idea of starting a business during their undergraduate studies.“The biggest challenge in the B2B market is fragmentation,” Mr. Chan once noted. Different industries, different enterprises, and even different production processes within the same company all have vastly different AI requirements. If each scenario requires developing algorithms from scratch, the cost is prohibitive, the timeline is protracted, and scaling becomes virtually impossible. This is precisely the “B2B chasm” that many AI companies struggle to cross. Based on this insight, Extreme Vision pioneered the AI Vision Algorithm Marketplace.As of September 30, 2025, Extreme Vision’s algorithm marketplace has launched 1,517 algorithms, including 1,369 algorithms co-developed with third-party developers. Covering application scenarios in over 100 industries, the platform has served more than 3,000 customers and delivered over 6,000 projects since its establishment. Notably, the product repurchase rate has exceeded 80%, reflecting the strong standardization of its solutions and robust market recognition.Self-developed AI infrastructure empowers efficient implementation. The Company’s self-developed AI infrastructure enables efficient algorithm development and rapid solution development. On the one hand, leveraging its self-developed full-stack technology platform, Extreme Vision has built an industry-leading AI infrastructure that covers the entire lifecycle, including data annotation, model training, algorithm development, algorithm testing and inference deployment. On the other hand, the integrated tool engines within its AI development infrastructure significantly lowering the barriers to algorithm development and drastically reducing the time required for customized algorithm development.Multi-industry Implementation: Project Practice as a Driver for Healthy GrowthLeveraging its platform-based capabilities, Extreme Vision has applied its technology to real-world business scenarios across various sectors, delivering actionable and reusable solutions.In terms of industrial manufacturing, Extreme Vision deployed an EHS+AI intelligent monitoring system for CR Beer. By implementing 25 categories of risk-identification algorithms, the system accurately captures risk scenarios such as the improper wearing of safety ropes and goggles, hoisting operations, and unauthorized personnel intrusion during equipment operation. This has successfully transformed traditional passive safety management into proactive, real-time, and automated risk control.In terms of environmental and energy sectors, Extreme Vision has built an intelligent security management platform, “Halo Guard” for China Everbright Environmental Energy. Equipped with nearly 30 AI vision algorithms for safety management and control, the platform conducts real-time monitoring of high-risk operational scenarios such as unloading platforms and burning zones, significantly enhancing operational safety.In the higher education sector, Extreme Vision has jointly established the “Artificial Intelligence Comprehensive Practice Center” with the School of Smart City at Beijing Union University. Leveraging its Extreme Flow platform, the Company supports algorithm teaching and research in universities, helping to cultivate AI talent.In the transportation and mobility sector, Extreme Vision has identified new application scenarios for large model solutions. Using large model technologies, the Company has generated autonomous driving simulation scenario data and conducted hallucination detection for a leading automotive retailer, helping the client reduce reliance on real-world road data collection and optimize the R&D process.These projects not only demonstrate the breadth and depth of Extreme Vision's technology implementation but also collectively underpin the Company's sustained growth. Each successfully delivered project generates experience and reusable modules for future projects, creating a virtuous cycle that contributes to a product repurchase rate of over 80%.Profitability Continuously Validated, Large Model Emerges as a New Growth DriverAs its commercial value continues to be validated, Extreme Vision's profitability has also shown strong growth momentum. The Company's revenue grew from RMB101.6 million in 2022 to RMB257.3 million in 2024, representing a compound annual growth rate (CAGR) of 59.2%. The gross profit margin improved from 30.6% in 2022 to 40.2% in 2024. The Company recorded a profit of RMB8.71 million in 2024, making it one of the few profitable AI vision companies in China. For the nine months ended September 30, 2025, the Company achieved revenue of RMB136.3 million, a year-on-year increase of 71.7%, with the gross profit margin further rising to 44.9%.Notably, the large model solutions launched by the Company in 2024 contributed RMB62.12 million in revenue, accounting for 24.1% of total revenue. This has become a new growth driver and is expected to unlock further market opportunities.In terms of R&D investment, the Company continued to increase its efforts. R&D expenditure reached RMB44.82 million in 2024, an increase of 22.6% compared to 2023. As of September 30, 2025, the Company had a professional team of 101 R&D personnel. According to the Prospectus, the Company intends to use approximately 60.0% of the net proceeds from the IPO (HK$260.6 million) to enhance R&D capabilities, including the construction of large models and AI infrastructure, as well as the upgrade of AI-PaaS middleware.Broad Market Prospects: The Platform Flywheel AcceleratesIndustry prospects are promising. According to Frost & Sullivan, the market size of China’s emerging enterprise-level computer vision solutions is projected to grow from RMB11.1 billion in 2024 to RMB97.0 billion in 2029, representing a CAGR of 54.3%. This represents an almost eightfold increase in market size over the next five years, indicating strong inherent growth potential in the sector.As large models gain traction globally, market expectations for AI have been further elevated. However, in the B2B market, no matter how cutting-edge the technology is, it must ultimately return to the simple logic of “usability, practicality, and cost controllability.” Extreme Vision's experience shows that a competitive edge for AI companies lies not only in technological leadership but also in the ability to develop standardized solutions for complex industrial scenarios and scale them through platforms and ecosystems.From algorithms to applications, from project delivery to customer retention, Extreme Vision has remained committed to its mission of pushing technological boundaries and harnessing technology for good—building an AI flywheel that continuously generates commercial value. As AI technology permeates all industries, from industrial safety and energy inspection to retail operations, the demand for fragmented long-tail scenarios continues to emerge, positioning Extreme Vision for accelerated growth. However, whether it can continuously increase market share and improve cash flow amid fierce competition remains a core challenge post-listing. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Epique Realty Named to Fast Company’s Annual List of the World’s Most Innovative Companies of 2026
Houston, TX, Mar 31, 2026 - (ACN Newswire via SeaPRwire.com) - Epique Realty is proud to announce it has been named to Fast Company's prestigious list of the World's Most Innovative Companies of 2026. This year's list shines a spotlight on businesses that are shaping industry and culture through their innovations.Epique Realty earned the standing of No. 10 in the Business Services category on the 2026 Most Innovative Companies list.Josh Miller, CEO and Co-Founder expressed his appreciation, "We are humbled to receive this prestigious honor from Fast Company and believe it further proves that a brokerage built on empowering agents with technological generosity can and is transforming this industry. It is a tribute to every agent who believed in our vision and for our teams that work diligently to build a smarter, faster, and more connected future for all of us.""True innovation isn't just about software; it is about how that software improves human lives," added Janice Delcid, CFO and Co-Founder. "The unprecedented efficiency of our tech ecosystem allows us to fund our model of radical generosity. By providing our agents with free healthcare, a 401K, and over 70 essential business services, we are using technology to create real financial security for independent professionals.""At our core, we are a profoundly human-centric company powered by cutting-edge tools," stated Christopher Miller, COO and Co-Founder. "Our expansion into all 50 states, Canada and Australia this past year was fueled by our technology, but it is our culture of inclusion, mentorship, and agent-led philanthropy that truly makes us an innovative force for good in the communities we serve."Over the past 18 months, Epique Realty implemented a multi-faceted innovation strategy that fundamentally reinvented the value proposition and business model for the real estate industry. With an innovative mission to empower agents to thrive, Epique achieved its goal with a revolutionary financial model, a proprietary AI and tech ecosystem, and a deeply human-centric cultural framework. The cornerstone of this transformation is Epique.ai, a proprietary ecosystem architected in-house by CEO Josh Miller that functions as a 24/7 virtual assistant for every agent. This platform allows agents to instantly generate marketing copy, virtually stage entire homes, and create multi-platform ad campaigns, automating tasks that can traditionally consume up to 80% of an agent's time and budget. To ensure mass adoption, Epique began scaling its industry-first AIPRO certification program, successfully training over 2,000 agents, and giving every solo professional the enterprise-level AI toolkit of a massive team.This AI-powered operational efficiency serves as the economic engine that makes Epique's disruptive business model possible. By automating functions that typically require massive overhead, the brokerage can reinvest those savings directly back into its agents through a model of profound generosity. Instead of functioning as a fee-collecting service provider, Epique believes agents deserve more and acts as an investment partner by providing a comprehensive suite of over 70 essential business services completely free of charge. In the last year, Epique scaled this offering to include industry-first stability nets for all agents, such as full healthcare coverage, childcare support, and a 401K program, saving agents hundreds of thousands of dollars in medical costs.The scalability and power of this integrated ecosystem enabled Epique to flawlessly expand from a Texas startup into an international brokerage operating in all 50 U.S. states, Canada, and Australia by 2025. This phenomenal growth Beyond geographical growth, Epique scaled a profoundly human-centric operating system, leveraging its lean, AI-driven operations to dedicate significant resources to agent-led philanthropic initiatives. Through programs like NEMO (National Emergency Management Organization) and Epique CARES, the company provides rapid disaster relief and community aid, proving that applied AI can be a powerful engine for creating not just profits, but profound, positive societal impact.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. "The companies we honor this year are redefining what leadership looks like in 2026, pairing bold ideas with measurable impact and turning breakthrough innovation into real-world value. They are setting the pace for their industries and offering a blueprint for what sustained innovation can achieve."The full list of Fast Company's Most Innovative Companies honorees can be found at https://www.fastcompany.com/most-innovative-companies. It will also be available on newsstands beginning March 31, 2026.Fast Company will host the Most Innovative Companies Summit and Gala for honorees on May 19 in New York City. The summit features a day of inspiring content, followed by a creative black-tie gala including networking, a seated dinner, and an honoree presentation.ABOUT FAST COMPANYFast 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.About Epique RealtyAs the industry's first AI-certified brokerage, Epique Realty is one of the fastest-growing, agent-owned real estate brokerages. Shaping the future of real estate, Epique now operates in all fifty states with nearly 4,000 agents, and with Australia and Canada on-board, global expansion is underway. Its revolutionary agent-first model provides over 70 unheard of free phenomenal benefits with a proprietary AI platform (Epique.ai), and a culture of profound generosity. Epique is harnessing technology to build a more equitable, empowered, and successful future for real estate professionals. #BeEpiqueBarbara Simpson | PR and Communications281-773-7842 | Barbara@EpiqueRealty.comhttps://www.instagram.com/epiquerealty/https://www.facebook.com/epiquerealtyhttps://www.linkedin.com/company/epique-realty/mycompany/https://www.youtube.com/@epiquerealty#FCMostInnovative #FastCompany #BeEpique #EpiqueRealty #RealEstateInnovation #LetsChangeEverything #PropTech #AgentFirst #RealEstateTech #TheEpiqueEra #TheFutureIsEpiqueSOURCE: Epique Realty Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
CanSinoBIO: From Profit Turnaround to Value Realization as an Innovative Vaccine Leader
HONG KONG, Mar 31, 2026 - (ACN Newswire via SeaPRwire.com) - China's 2026 Report on the Work of the Government identified biopharmaceuticals as an emerging pillar industry, underscoring a supportive policy environment for innovative drugmakers. In this context, CanSino Biologics Inc. (688185.SH/06185.HK) has released its Annual Results For The Year 2025, marking a return to profitability and highlighting steady progress in its commercialization efforts.Return to Profitability Driven by Vaccine Portfolio GrowthAccording to its annual results, CanSinoBIO achieved total revenue of approximately RMB 1.068 billion, representing a year-on-year increase of 26.18%. Net profit attributable to shareholders reached RMB 27.9 million, marking a return to profitability.The turnaround reflects more than a cyclical rebound and suggests the company is building a more sustainable revenue base through the commercialization of routine vaccines. This has strengthened its ability to generate consistent cash flow.The improvement was driven primarily by organic growth in core operations rather than one-off factors. During the reporting period, the Company’s Group ACYW135 Meningococcal Polysaccharide Conjugate Vaccine (CRM197) (trade name: Menhycia(R)) maintained steady revenue growth, while its 13-valent Pneumococcal Conjugate Vaccine (trade name: iPneucia(R)) gained market traction following its launch. A more balanced revenue mix has improved earnings visibility.In addition, CanSinoBIO received multiple government grants and international R&D funding support during the year, reflecting recognition of its technological capabilities and innovative value.Core Products Set to Scale Up, Pipeline Supports Future GrowthBeyond near-term earnings, the company is supported by a diversified pipeline that provides both mid- and long-term growth drivers.As a core growth driver for CanSinoBIO, Menhycia(R), China’s first domestically developed quadrivalent meningococcal conjugate vaccine, continues to expand its market reach. In February 2026, the company announced that the supplemental application to expand the age range of applicable population of Menhycia(R) from “children aged from 3 months to 3 years old (47 months)” to “children aged from 3 months to 6 years old (83 months)” has been approved, further broadening its target population.Meanwhile, iPneucia(R)—China’s first 13-valent pneumococcal conjugate vaccine using a dual-carrier system (CRM197 and tetanus toxoid)—is expected to generate commercial synergies with Menhycia(R). Shared distribution and marketing channels could help lower marginal sales costs and improve overall efficiency.In addition, the company’s mid-term pipeline remains robust. It’s absorbed diphtheria, tetanus, and acellular pertussis (components) combined vaccine (the “DTcP”) for infants (below 2 years old) (the “DTcP Infant”)has been included in the priority review pathway, which will accelerate its approval timeline.To date, no component-based DTaP vaccine developed by domestic manufacturers has been approved for market launch in China. The infant DTcP vaccine is formulated with individually purified pertussis antigens in defined ratios to ensure consistent quality and stability. Its development also lays the groundwork for adolescent and adult component Tdap vaccines and combination vaccines, enhancing the Company’s product portfolio and core competitiveness.From near-term delivery to mid-term development and long-term innovation, CanSino Biologics’ value goes beyond its existing productsR&D Capabilities Support Long-Term CompetitivenessAs a leading innovative vaccine company, CanSinoBIO consistently adheres to a long-term strategy, ensuring the company remains at the forefront of technological exploration and laying a solid foundation for its sustained competitiveness.Its core talent team brings an average of more than 25 years of industry experience across global pharmaceutical and biotechnology companies, spanning research, manufacturing and commercialization. This has enabled the company to establish an integrated development system aligned with international standards and covering the full development cycle from early-stage research to commercialization.Over time, CanSinoBIO has also built five core technology platforms, including viral vector vaccines, synthetic vaccines, protein structure design and Virus-Like Particle (VLP) assembly, mRNA vaccines, and formulation and delivery technologies. These platforms support a diversified innovation system and provide a solid foundation for lifecycle vaccine development.The company continues to focus on differentiated innovation, including multivalent combination vaccines and novel delivery technologies, with the aim of developing globally competitive vaccine products.These technological capabilities have supported the launch of products like Menhycia(R) and iPneucia(R), reinforcing the company’s position in the vaccine sector.International Expansion Gains MomentumMeanwhile, amid intensifying competition in the domestic vaccine market, CanSinoBIO is accelerating its international expansion.Recently, the company announced that its manufacturing facility has passed the PIC/S GMP certification issued by Malaysia’s National Pharmaceutical Regulatory Agency (NPRA). PIC/S is an internationally recognized framework for pharmaceutical inspection and certification, comprising regulatory agencies from over 50 countries. This certification not only confirms that Menhycia(R) and iPneucia(R) meet international-quality standards but also enhances the company’s prospects for entering additional global markets.In fact, the Company’s international presence is well established, with Menhycia(R) obtaining Indonesian registration and Halal certification since 2024.The company has also entered into multiple strategic partnerships abroad, covering commercialization, joint R&D, clinical trials, and localized production. Through a “technology transfer + local manufacturing” approach, CanSinoBIO is expanding its presence beyond product exports toward broader technology-based collaboration.Growth Catalysts Point to Potential Re-RatingOverall, the latest results suggest CanSinoBIO is moving through an inflection point, supported by clearer commercialization pathways.Yet, its current market valuation may not fully reflect its investment potential. Looking ahead, potential growth drivers include the expanded indication for Menhycia(R), continued ramp-up in iPneucia(R) sales, the infant DTcP vaccine currently under priority review, as well as further international market expansion. At the same time, China’s policy support for biopharmaceuticals as a strategic sector could provide a favorable backdrop for valuation.As earnings continue to improve and market expectations adjust, the company may see both earnings growth and a re-rating in valuation multiples. Against the backdrop of China’s rising focus on biopharmaceutical innovation, CanSinoBIO’s long-term investment case is increasingly difficult to ignore. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Alltronics Announces 2025 Annual Results
HONG KONG, Mar 31, 2026 - (ACN Newswire via SeaPRwire.com) - 30 March 2026, Alltronics Holdings Limited (“Alltronics” or the “Group”) (SEHK: 833), a leading manufacturer of electronic products, today announced its annual results for the year ended 31 December 2025 (“the year 2025” or “review year”).During the year 2025, the Group recorded total turnover of HK$1,141.2 million (2024: HK$1,066.9 million), representing an increase of 7.0%. The total gross profit for the year increased by 14.0% to HK$240.8 million and the overall gross profit margin improved to 21.1% (2024: 19.8%). Profit for the year attributable to owners of the Company was HK$47.2 million (2024: HK$63.1 million). The decrease in net profit was primarily due to higher impairment losses and a fair value loss on financial assets at FVTPL. If adjusted for impairment losses, profit for the year was up 14.5% to HK$87.8 million.The Board has proposed the payment of a final dividend of HK3.0 cents per share (2024: HK3.0 cents). Together with the interim dividend of HK3.0 cents per share, the total dividends for the year 2025 will be HK6.0 cents per share, representing a payout ratio of 60.2%.The Group maintains a healthy financial position, with total cash and cash equivalents amounting to HK$445.3 million at 31 December 2025.Sales of electronic products remained the Group's main source of income. The increase in turnover was mainly attributable to higher sales of finished electronic products, particularly irrigation controller products to a major customer, which increased by approximately HK$90.8 million to HK$546.6 million. In terms of geographical markets, customers in the United States continued to be the major market, accounting for approximately 74.1% of total revenue for the year (2024: 72.8%).In response to the evolving global trade landscape and growing customer demand for production capacity outside the PRC, the Group completed the acquisitions of two subsidiaries with manufacturing facilities in Malaysia and Vietnam during the year. These acquisitions are expected to enhance the Group’s competitive position in the electronics industry and strengthen its presence in Southeast Asia, while creating additional business opportunities and providing greater flexibility to customers.Looking ahead, the Group expects the operating environment to remain challenging amid ongoing trade disputes, geopolitical tensions and currency volatility. Leveraging its expanded manufacturing footprint across Malaysia, Vietnam and the PRC, the Group is well-positioned to capture new business opportunities, broaden its revenue base and to sustain its growth momentum. The Group will continue to focus on its core electronic products segment, pursue new products and project opportunities with existing and potential customers, and strive to maximize returns for shareholders.About Alltronics Holdings Limited (Stock code: 833)Alltronics Holdings Limited is mainly engaged in the design and manufacture of a wide range of electronic products with quality and style. The Company is a constituent stock of the Morgan Stanley Capital International (“MSCI”) Hong Kong Micro Cap Index. For more information, please visit the company website http://www.alltronics.com.hk/ Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
Tianneng Power’s 2025 Financial Report: Key Operating Metrics Grow, Operating Cash Flow Increases by RMB 4.642 Billion Year-on-Year
HONG KONG, Mar 31, 2026 - (ACN Newswire via SeaPRwire.com) - March 27, Tianneng Power (00819.HK) officially disclosed its full-year 2025 financial results, demonstrating a year of stable business operations and growth in key operating metrics. During the year, Tianneng Power recorded an operating income of approximately RMB 53.799 billion, with gross profit of RMB 5.280 billion, representing a year-on-year increase of 7.48%. Notably, the manufacturing business contributed approximately RMB 47.918 billion, representing a year-on-year increase of 10.01%. Net profit attributable to the parent of approximately RMB1.437 billion, representing a year-on-year increase of 25.77%. And net cash generated from operating activities of approximately RMB 5.191 billion, representing an increase of RMB 4.642 billion compared to the same period last year. (Basic earnings per share were approximately RMB 1.28. The Company proposes to declare a cash dividend of HK 36 cents per ordinary share (the “Share(s)”) held by Shareholders of Tianneng Power. The proposal shall be subject to consideration and approval by Shareholders at the annual general meeting to be held on 8 June 2026.)In 2025, the global industrial landscape has continued to evolve, with technological transformation, energy transition and shifts to globalization pathways advancing in tandem. During the year, Tianneng Power steadfastly adhered to the vision of “Promoting Resource Recycling and Sustainable Development to Build an Efficient Energy System.” Through practical efforts, the Company maintaining close relationships with its customers and responding to market needs, while continuously refining its products and capability. This has gradually strengthened our operational resilience and enabled us to respond calmly to challenges posed by global economic pressures and intensifying industry competition.As an industry leader, while solidifying its domestic foundation, Tianneng Power has steadily advanced its international development strategy. The Group has established a business system centered on lead-acid batteries and the coordinated development of multiple technological routes, focusing on the needs of power and energy applications. The Group is committed to offering customers diversified battery products and energy solutions, encompassing research and development (R&D), manufacturing, sales, collection, recycling and related services. The Group focuses on lead-acid battery products, widely used in motive power applications for light electric vehicles and also extend to multiple segments, including backup power supply, automotive batteries and special-purpose industrial motive batteries. The Group has built a stable product base and customer base across these applications. With the transformation of the industry, the Group is advancing R&D and product development in areas including solid-state batteries, sodium-ion batteries, and hydrogen fuel cells. Moreover, Tianneng Power actively expanding recycling and regeneration operations for used lead-acid batteries and used Li-ion batteries, promoting synergistic across the battery recycling value chain.The Company’s core business is primarily divided into three segments: High-end eco-friendly Batteries, New Energy Batteries, and the Circular Economy.The High-End Eco-Battery Business serves as the Group’s cornerstone for stable operations, consistently playing a crucial “ballast” role amidst a complex and changing market environment. During the reporting period, the High-End Eco-Battery Business achieved operating revenue of approximately RMB 39.766 billion.Facing industry adjustments brought about by policy implementations such as the New National Standard, Tianneng Power fully leveraged its product matrix advantages, which cover diverse scenarios, and its mature distribution network comprising over 3,000 distributors covering more than 400,000 retail outlets, thereby maintaining stable overall sales volume. Tianneng Power has leveraged digital tools to empower terminal operations, becoming the first in the industry to establish an integrated online and offline user service platform that connects service scenarios such as maintenance, repair, inspection and evaluation. This helps optimize value distribution across the value chain and enhance channel efficiency and market competitiveness.While solidifying its leadership in the light electric vehicle market, the Group actively expands into emerging application areas such as backup power, automotive batteries, and special industrial power batteries. It deepens customer collaboration and accelerates internationalization strategy. The Group has leveraged the capacity release of its assembly and production bases in Vietnam as an important foothold to advance localized operations in target markets, including Southeast Asia, Europe and Africa. Through a model combining product adaptation, this combination of product adaptation, channel development, and service exports opens up broader growth space.Simultaneously, the new energy battery business serves as an important driver of the Group’s growth across diversified technologies and application areas, supporting medium-term expansion while building long-term technology reserves. The Li-ion battery business, covering energy storage and motive power applications, has developed around advanced technologies, diverse application scenarios, and ecosystem synergies, with both business scale and operating performance improving. During the Reporting Period, the Group’s Li-ion battery business recorded operating income of approximately RMB1.541 billion, with its operational quality and efficiency improving significantly compared with the previous year. the Group’s self-developed containerized and cabinet-type ESS products have obtained national standards and overseas export certifications. The energy storage energy management system (“EMS”) has obtained authoritative certifications, including compliance with national standards (e.g., GB/T 42726), CNAS and CMA certifications. It was also honoured with the “Outstanding New Energy Storage Product Award” for large-scale storage EMS by Hangjia Net. Furthermore, the solid-state battery business has steadily advanced in product development and commercialization focusing on specific applications. Products for applications like electric motorcycles, low-altitude aircraft, and robotics have completed sample introduction, and the Group has commenced cooperation with certain downstream customers. The sodium-ion battery business has achieved breakthroughs in product R&D, receiving multiple industry awards including the GGII Sodium Battery Golden Globe Awards (é«˜å·¥é’ ç”µé‡‘ç'ƒå¥–) for “Annual Market Development Award” and “Sodium Battery Application evelopment Pioneer”, Verification work has commenced in automotive starting and start-stop applications, light motive power, and energy storage applications. The hydrogen fuel cell business, guided by a multi-scenario product strategy, has delivered orders across diverse applications, including buses, heavy-duty trucks, two-wheelers, and power stations. The parallel advancement of multiple technology pathways and progress in market-oriented breakthroughs have injected fresh momentum into the Group’s long-term development.Alongside battery manufacturing, Tianneng Power regards the circular economy system as a key component for building long-term competitive advantage, continuously promoting synergy and operational efficiency improvements within the circular industry. During the reporting period, the Circular Economy Business achieved external operating revenue of approximately RMB 5.550 billion. Currently, the Group has constructed a mature and standardized recycling and treatment, as well as an efficient, intensive and coordinated circular economy industrial chain. Leveraging the synergies advantages of its full industry chain and a mature cost control system to achieve overall stable operational growth, with annual processing capacity of exceeding one million tonnes., its recycling network was further consolidated, with both processing scale and profitability improving. The Li-ion battery resource recycling business continued to refine its end-to-end technical system, achieving industry-leading recovery rates for critical metals. It currently possesses an annual processing capacity of 73,000 tonnes for waste Li-ion batteries treatment, with stable batch delivery capabilities. The products comply with prevailing industry standards and have passed the supplier qualification systems of multiple key clients, while steadily gaining market recognition. the Group successfully completed its first overseas import of recycled black mass feedstock, further diversifying its raw material sourcing structure and continuously strengthening the stability of its recycling and supply systems. Leveraging scalable processing capabilities and industrial chain synergies, Tianneng has successfully established a national-level circular economy standardization demonstration project and continues to strengthen the strategic supporting role of its circular business in the overall business structure, forming a green industrial loop from battery manufacturing to resource recovery.Driving Industrial Progress through Technology, Entering a New Stage of High-Quality DevelopmentLooking ahead, Tianneng Power will steadfastly implement a development philosophy centered on strategic guidance, systematically constructing a four-dimensional development system driven by technological innovation, intelligent manufacturing, circular ecosystems, and global market synergy. On the technology front, it will continue advancing multiple technical routes—lead-aid, lithium-ion, solid-state, sodium-ion and hydrogen fuel cell technologies—simultaneously, strengthening independent innovation capabilities from materials to applications. This includes consolidating the market leadership of lead-acid batteries, accelerating lithium battery cost reduction, efficiency improvement, and model innovation, steadily advancing the commercial exploration of solid-state batteries, achieving breakthroughs in key sodium-ion battery technology verification, and refining the multi-scenario application layout for hydrogen fuel cells. Concurrently, the Group will comprehensively advance the construction of smart factories by integrating cutting-edge technologies such as 5G, IoT and AI to enhance operational resilience and energy utilization levels through smart factory construction, injecting strong environmentally friendly green manufacturing system into high-quality development.While deeply cultivating products and technologies, the Company will continue to strengthen its circular economy system, driving value chain integration and sustainable development. It will leverage the industrial chain synergy advantages of its high-end eco-battery recycling operations while enhancing recycling channels and production processes, and expanding high-value product portfolios to enhance anti-cyclical capabilities. In the Li-ion battery recycling segment, will accelerate channel expansion, technological iteration, and overseas resource deployment, deepen strategic cooperation with industry leaders. By continuously improving resource security capabilities and the level of value mining throughout the lifecycle, The Group is committed to developing into a global green energy solutions leader with an international vision and overall competitiveness.About Tianneng Power International LimitedTianneng Power International Limited (the “Company”) and its subsidiaries (collectively, the “Group” or “Tianneng”) were founded in 1986 and listed on the Main Board of The Stock Exchange of Hong Kong Limited (the “Stock Exchange”) in 2007 (stock code: 00819.HK). The Company is headquartered in the People’s Republic of China (the “PRC”). Catering to power and energy application needs, the Group has built a business system anchored by lead-acid batteries and characterized by the coordinated development of multiple technology routes. It is committed to providing customers with diversified battery products and energy solutions, encompassing R&D, manufacturing, sales, recycling, regeneration, and related services. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com











