PR in the Philippines

Basel, Nov 28, 2025 - (ACN Newswire via SeaPRwire.com) - Magnolia, a leading global Digital Experience Platform (DXP) provider, is excited to announce that renowned software entrepreneur and industry veteran Luc Haldimann has joined its Board of Directors and stepped into the role of Chairman (President).Luc's appointment is a major strategic move as Magnolia ramps up efforts to integrate Artificial Intelligence (AI) into its platform, ensuring customers can deliver highly personalized and efficient digital experiences globally.Luc Haldimann is a foundational figure in the enterprise software space. He's a widely recognized strategic leader who successfully combines deep technical knowledge with sharp business acumen-a rare mix essential for guiding Magnolia through the current wave of AI-driven innovation.Notably, Luc was the Co-founder and former CTO/Chairman of Obtree Technologies, a pioneering Swiss CMS company that built solutions for large websites and was acquired by IXOS Software in 2003. He's also the founder of Unblu, a Swiss provider of secure and compliant conversational solutions for the global financial services sector. After leading Unblu as CEO for almost two decades, he will continue his executive career as Unblu's Chief Strategy Officer (CSO). His firsthand expertise in the CMS business and enterprise software sales gives him a crucial edge in shaping Magnolia's future."We are incredibly thrilled to welcome Luc Haldimann to our board as Chairman," said Alain Kugelmann, Co-CEO at Magnolia. "Luc embodies that hallmark of Swiss quality and reliability-known for integrity, precision, and a pragmatic, long-term approach to scaling successful tech companies. His leadership will be vital as we implement AI to enhance content creation, customer personalization, and operational efficiency across our platform globally.""I have been watching Magnolia's evolution in the DXP space for many years and am deeply impressed by its API-first foundation and global reach," said Luc Haldimann. "The digital experience market is at a pivotal inflection point with AI, and Magnolia's technology is perfectly positioned to lead this transformation. I look forward to working with the board and management team to execute a strategy that continues to deliver precision, quality, and groundbreaking innovation to our customers worldwide."Magnolia sees Luc's vision as a powerful reinforcement of its commitment to delivering top-tier innovation and expanding market leadership worldwide.About MagnoliaMagnolia is the composable experience platform that unites best-of-breed technologies into a powerful, central workspace. It empowers enterprise teams to manage every brand, product, channel, and experience from a single, intuitive interface. Leading global companies across finance, manufacturing, healthcare, and more choose Magnolia as their modern composable DXP.Contact InformationSorina MoneHead of Marketingcontact@magnolia-cms.com+41 61 228 90 00SOURCE: Magnolia International Ltd.Related Images Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

TOKYO, Nov 27, 2025 - (JCN Newswire via SeaPRwire.com) - NEC Corporation (NEC; TSE: 6701) has developed a sales support solution that leverages Agentic AI to advance digital transformation (DX) for sales. Based on sales representatives' activity records, such as meeting minutes, and standard proposal templates, this solution automatically generates sales proposals and discussion sheets that address customer challenges all at once. The solution is expected to be available in Japan starting in late March 2026.Additionally, the solution leverages internally accumulated information assets to enable high-quality proposals that are not dependent on individual employee expertise. Moreover, it can integrate with existing sales support systems already in use within a company. This can significantly improve the operational efficiency of sales representatives without major changes to business workflows, enabling them to quickly deliver high-quality proposals to customers.NEC promotes the DX of sales using a wide range of resources and expertise, including AI, thereby contributing to the advancement and efficiency of sales operations.Solution OverviewIn recent years, the rapid evolution of generative AI and cloud technologies has accelerated DX across various industries, including manufacturing and finance, leading to increased adoption of sales support systems. Meanwhile, the diversification of both customer needs and the services/solutions offered makes it imperative to enhance the efficiency and quality of sales activities to deliver optimal results for customers. This creates a pressing need for DX to streamline sales operations.Solution Features1. Automatic Generation of High-Quality Proposals and Discussion Sheets Tailored to Customer NeedsBased on sales activity records such as meeting minutes and standard proposal templates, the solution automatically creates customer-specific proposals and discussion sheets addressing customer challenges. This significantly reduces proposal creation and preparation time. The discussion sheet is a document that organizes customer concerns and items to confirm in future meetings. Used alongside the proposal, it supports sales representatives in making swift and efficient customer approaches.Furthermore, the solution analyzes and leverages past proposal examples and information assets accumulated within a customer's organization. This contributes to creating high-quality proposals across an entire organization, independent of individual employee experience.2. Secure Integration with Existing SystemsDesigned as a software module, this solution integrates with existing sales support systems. Implementation aligns with existing information security policies, enabling smooth DX of sales without major workflow changes.AI Technology from NECAt the core of this solution is AI orchestration technology developed by NEC Laboratories Europe, part of the NEC Group. The solution leverages two specialized Agentic AI systems powered by AI orchestration technology. In addition to generating new materials, these systems reference accumulated information and knowledge, such as past proposal documents and templates, to create high-quality proposals and discussion sheets that are tailored to customer needs.Additionally, this solution can address diverse use cases requiring extensive information gathering and documentation—such as regulatory compliance—through its embedded Agentic AI.Future PlansNEC plans to implement this solution through the "Client Zero" (*) approach from November 2025, and to begin offering it to customers in Japan from late March 2026. This solution strengthens NEC's DX for sales, providing more robust support for customer sales activities. To enhance deal quality and speed, promote knowledge inheritance, and contribute to improving customer satisfaction at client companies, NEC will continue to support customers end-to-end—from strategy formulation to operation.(*) Client Zero is an approach where NEC itself serves as the first client, putting cutting-edge technology into practice to provide "real-world" experience as a reference for customers and society.About NECThe NEC Group leverages technology to create social value and promote a more sustainable world where everyone has the chance to reach their full potential. NEC Corporation was established in 1899. Today, the NEC Group’s approximately 110,000 employees utilize world-leading AI, security, and communications technologies to solve the most pressing needs of customers and society. For more information, please visit https://www.nec.com, and follow us on Instagram, Facebook, YouTube, and LinkedIn. Copyright 2025 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com

Kawasaki and Yamaguchi, Japan, Nov 27, 2025 - (JCN Newswire via SeaPRwire.com) - Fujitsu Limited and Yamaguchi University today announced the successful development of a low-power edge computing technology that enables image processing on small satellites using redundant GPUs within 10 minutes (near real time). This innovative technology is designed for low-Earth orbit Synthetic Aperture Radar (SAR) satellites, which illuminate the Earth's surface with microwaves and receive reflected waves to create two-dimensional images.The new system offers high fault tolerance against cosmic radiation and operates efficiently within the typical 20W power constraints of small satellites. It can process data, including error detection and reprocessing, within approximately 10 minutes. Validated with raw SAR data on a satellite prototype, the technology successfully performed both L1 [1] (raw data to 2D image) and L2 [2] (image to observed quantity) processing, accurately determining ocean surface wind speeds. This versatile technology is also applicable to optical and multi-hyperspectral satellites.Fujitsu plans to release the developed programming environment, Fujitsu Research Soft Error Radiation Armor, to users in Japan in February 2026.Moving forward, Fujitsu and Yamaguchi University will continue to refine correction data accuracy. Fujitsu aims to advance services and operations by enabling near real-time AI processing on satellites, realizing previously unfeasible applications. This will involve in-orbit validation on actual satellites to promote user-friendly data processing systems across various satellite types.About the new technologyFujitsu and Yamaguchi University leveraged Fujitsu's computing technologies, cultivated through its expertise in AI and supercomputer development, and Yamaguchi University's satellite data (remote sensing data) analysis technologies to develop the following key functions:1. Highly fault-tolerant computer system with redundant configuration operating within satellite power limitsSystem employs redundant processors to detect errors, a critical feature for operating within the challenging space environment for efficientTo meet satellite power constraints, the system dynamically manages computing resources and program execution, ensuring both performance and energy efficiency2. Development of a programming environment for computer systems resilient to cosmic radiation errorsRobust programming environment (library) using Linux, Python, and open-source softwareLibrary simplifies the implementation of error detection, computer restarts, and recalculation functions, and includes a novel technique to improve error processing efficiency by dividing computational jobs Figure 1: Difference in processing time of two errors. For simplicity, restart time is not included.A prototype system, operating under 20W, successfully processed raw SAR data (L1 and L2) in under 10 minutes, achieving near real-time performance. By applying compression, correction, and wind speed estimation models to the time distribution of radar reflection intensity from the ground, ocean surface wind speeds could be calculated in units of several hundred meters (see Figure 2 below). Real-time calculation of ocean surface wind speeds from satellites is expected to contribute to maritime safety by providing immediate notifications of high-wind areas to vessels.Figure 2: Raw data (left), L1 processed data (center), and L2 processed data of sea surface wind speed (right). For the L2 processed data, only the sea area is displayed, with wind speed represented by color. Ships and bridges are also converted as windy areas and would typically be removed as noise [3]BackgroundSatellites, orbiting in the range of 200 km - 36,000 km from the Earth’s surface, offer extensive Earth observation using UV, IR, and radar for diverse applications like object detection, environmental monitoring, and resource mapping. However, traditional ground-based data processing introduces multi-hour delays. Small satellites face strict power limits (typically under 20W) and require robust error detection against cosmic radiation, which conventional programming struggles to address.[1] L1 Processing:Process to calculate the Earth's surface conditions from the time distribution of radar reflection intensity, also known as compression processing.[2] L2 Processing: Process to apply corrections based on information about the Earth's surface and atmosphere to L1 processed data, which then derives physical quantities such as ocean surface wind speed and wave height from the state of the reflected waves.[3] These figures contain modified Copernicus Sentinel data [2025].About FujitsuFujitsu’s purpose is to make the world more sustainable by building trust in society through innovation. As the digital transformation partner of choice for customers around the globe, our 113,000 employees work to resolve some of the greatest challenges facing humanity. Our range of services and solutions draw on five key technologies: AI, Computing, Networks, Data & Security, and Converging Technologies, which we bring together to deliver sustainability transformation. Fujitsu Limited (TSE:6702) reported consolidated revenues of 3.6 trillion yen (US$23 billion) for the fiscal year ended March 31, 2025 and remains the top digital services company in Japan by market share. Find out more: global.fujitsuPress ContactsFujitsu LimitedInquiriesYamaguchi University(For inquiries regarding research results)Organization forResearch Initiatives, Yamaguchi UniversityProf. Dr. NAGAI MasahikoE-mail nagaim*yamaguchi-u.ac.jp (replace * with @)(For media inquiries)Public Relations, Yamaguchi UniversityE-mail sh011*yamaguchi-u.ac.jp (replace * with @) Copyright 2025 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com

HONG KONG, Nov 27, 2025 - (ACN Newswire via SeaPRwire.com) – Tat Hong Equipment Service Co., Ltd. (“Tat Hong” or the “Company”, together with its subsidiaries, the “Group”) (Stock Code: 2153), the first foreign-owned tower crane service provider established in the PRC, has announced its interim results for the six months ended 30 September 2025 (the “Period”).During the Period, the Group recorded revenue of approximately RMB 301.1 million (2024: RMB340.9 million). Loss attributable to equity holders of the Company for the Period amounted to RMB 55.1 million (2024: RMB36.2 million). The increase in loss was primarily due to a decline in revenue, attributable to the slower economic growth and a sluggish construction sector.As at 30 September 2025, the Group is managing a total of 1,135 tower cranes. The Group’s total tonne metres (TM) in use decreased to 1,414,422 for the Period from 1,637,740 in the previous same period. As at 30 September 2025, the Group had 331 projects in progress with a total outstanding contract value of approximately RMB 666.3 million and 58 projects on hand of total expected contract value at approximately RMB 283.9 million.During the six months ended 30 September 2025, the domestic economy faced continual growth pressures, which led to extended weak demand in the construction machinery industry. Concurrently, a decline in the average monthly service price of tower cranes per TM intensified the imbalance between supply and demand in the market, resulting in unprecedented fierce competition in the industry.In response to the challenges of weak domestic demand and intensified industry competition, the Group has been proactively optimizing its business portfolio and diversifying its market presence. Strategically, on the one hand, the Group was progressively reducing the proportion of business in the domestic real estate sector while increasing exposure in clean energy fields such as thermal power, nuclear power, and wind power. Leveraging its expertise in medium-to-large tower cranes, the Group focused on expanding into nuclear island and large-scale energy projects with extended construction cycles and high technical barriers. On the other hand, the Group accelerated its global market expansion and actively built a dual-driven business model at home and abroad through a series of initiatives including the establishment of a joint venture in Indonesia and the strategic expansion into the Greater Bay Area and Hong Kong with setting up subsidiaries.During the Period, while there are several awarded projects delayed in their commencement, the Group had continued the investment in the digitalization of the management platform and the research and development of new tower crane technical solutions. The Group believes the robust technical capabilities will continue to enable it to improve the operational efficiency and secure more projects, and the enhancement in the research and development capabilities for tower crane technical solutions will reinforce the excellent delivery in services.Mr. Sean Yau, CEO of Tat Hong Equipment Service Co., Ltd., said: “Navigating through a complex landscape of economic pressures and a sluggish construction industry, we have proactively adjusted our strategies by expanding into clean energy projects and key overseas markets such as Indonesia. Supported by favorable national policies and signs of market recovery, the Group is well-positioned to strengthen its business presence in relevant sectors through its strategic initiatives, the effectiveness of which are expected to be gradually reflected in its performance in the near future.”Mr. Roland Ng, Chairman of Tat Hong Equipment Service Co., Ltd., said: “In these dynamic times, our original mission continues to guide us with unwavering clarity. With our core corporate values ‘Virtue, Safety and Excellence’, we will continue to concentrate on the research and development of new tower crane technologies to equip ourselves with the most robust technical capabilities to deliver excellent services to our clients. We will continue our efforts to optimize our operation and digitalize our management platforms, so as to improve resources sharing, cost reduction and efficiency enhancement. With all the above measures, we believe we can fulfil the Group’s goal to become ‘the best construction equipment service provider’ in the industry.”About Tat Hong Equipment Service Co., Ltd. (Stock Code: 2153)Tat Hong Equipment Service Co., Ltd. is the first foreign-owned tower crane service provider established in the PRC. Since 2007, the Group has established as a tower crane service provider for one-stop tower crane solution services from consultation, technical design, commissioning, construction to after-sales services primarily to Chinese Special-tier and Tier-1 EPC contractors. Guided by its core values, “Virtue, Safety and Excellence”, the Group has successfully established its market position and maintained stable, reputable and loyal customer base in the construction industry in the PRC.Media EnquiriesStrategic Financial Relations LimitedHeidi So   Tel(852) 2864 4826   Email: heidi.so@sprg.com.hkMel Lai    Tel(852) 2864 4855   Email: mel.lai@sprg.com.hk         Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

Belem, Brazil, Nov 27, 2025 - (ACN Newswire via SeaPRwire.com) - The Indonesian government, through PT PLN (Persero), strengthened its commitment to advancing the global carbon market by forging two key collaborations during the Seller Meets Buyer forum at the Indonesia Pavilion at COP30 in Belém, Brazil, on Thursday (13/11). PLN signed a Mutual Expression of Intent with the Norwegian government via the Global Green Growth Institute (GGGI), and a Memorandum of Understanding (MoU) with Japanese company Carbon Ex Inc. These partnerships represent a significant milestone in accelerating low-carbon project development and expanding Indonesia's role in the global carbon market.PLN's Director of Technology, Engineering, and Sustainability, Evy Haryadi, explained that PLN together with the Government is now taking on a new role as a catalyst and accelerator of the carbon market to accelerate the energy transition and encourage cross-sector collaboration in climate change mitigation. (13/11)Indonesia's Minister of Environment and Head of the Environmental Control Agency, Hanif Faisol Nurofiq, emphasized that the partnerships established during the forum play a vital role in bolstering Indonesia's efforts to reduce global emissions."For Indonesia, this momentum is essential as it highlights the nation's capability to help achieve global greenhouse-gas reduction targets through the implementation of carbon trading under Article 6 of the Paris Agreement," Hanif said.PLN's Director of Technology, Engineering, and Sustainability, Evy Haryadi, noted that PLN—working alongside the government—is stepping into a new role as both a catalyst and an accelerator in the carbon market, aiming to speed up the energy transition and foster cross-border collaboration in climate-change mitigation."The world is progressing decisively toward Net Zero Emissions, and Indonesia is moving in step. PLN is committed to reaching Net Zero Emissions by 2060, in accordance with national targets and the Paris Agreement. To realize this ambition, collaboration isn't optional, it's essential," Evy said.Evy further explained that the government has launched the 2025–2034 Electricity Supply Business Plan (RUPTL), which targets an additional 69.5 gigawatts (GW) of generation capacity, with 76% or 52.9 GW coming from renewable energy and storage. These new assets are projected to produce more than 1,000 terawatt-hours of green electricity over the next decade, creating significant opportunities for clean-energy development."Indonesia has a tremendous opportunity to lead the clean-energy transition and drive green economic transformation through the utilization of its energy resources. We aim to be a leader not just regionally but globally by supplying ample green energy and the necessary supporting infrastructure to help customers meet their future sustainability targets," Evy added.PLN provides two key green-attribute solutions to help companies advance their decarbonization efforts. The first is Carbon Units, which allow businesses to offset their greenhouse-gas emissions through verified emission-reduction or removal projects under reputable domestic and international standards. The second is green energy as a service, offering Renewable Energy Certificates (RECs) and Dedicated Green Energy Sources that give companies direct access to clean, reliable power from PLN's infrastructure. Together, these solutions enable businesses to craft effective short- and long-term strategies for achieving their Net Zero Emissions (NZE) goals."Our main products for managing green attributes are Carbon Units and Renewable Energy Certificates. RECs help businesses obtain official and transparent recognition that the electricity they use comes from renewable sources. These instruments not only meet compliance requirements but also create opportunities to accelerate decarbonization across various industrial sectors," Evy explained.Additionally, PLN is offering forward offtake opportunities for three Gold Standard-certified projects with a combined emissions reduction potential of around 1.5 million tonnes of carbon-dioxide equivalent (COâ‚‚e), including a 50-megawatt (MW) ground-mounted solar power plant (PLTS) with battery storage in the new capital city, Nusantara."We are presenting these opportunities as part of the Indonesian power sector's transformation toward a more sustainable, competitive, and internationally recognized energy ecosystem. With the support of investors and technology partners, we can accelerate the development of strategic projects that deliver tangible emissions-reduction impacts," Evy concluded.About PLNPT PLN (Persero) is Indonesia's state-owned electricity company, committed to continuous innovation and delivering the best service to its customers. PLN drives its Transformation 2.0 agenda with the vision of becoming a Top 500 Global Company and the No. 1 choice for energy solutions. This is achieved through sustainable business growth, end-to-end digitalization, energy transition initiatives supporting Net Zero Emissions (NZE), and the development of world-class human capital.ContactGregorius Adi TriantoExecutive Vice President, Corporate Communications & CSR, PLNTel. +62 21 7261122Fax. +62 21 7227059 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

SHANGHAI, Nov 27, 2025 - (ACN Newswire via SeaPRwire.com) - Chinese aerospace company Geespace continues to expand globally with a new cooperation agreement signed on November 26 with Systems & Services Limited (SSL), a leading satellite communications provider in Bangladesh. The partnership will support policy access, technical collaboration, and commercial deployment of GEESATCOM, a low-Earth-orbit (LEO) IoT constellation, marking another key step in Geespace’s international expansion.The agreement follows a year of strong momentum for Geespace, which has already formed partnerships with operators in Morocco, Saudi Arabia, Kazakhstan, Argentina and other markets. This reflects a broader global trend, with Chinese commercial aerospace companies moving from R&D breakthroughs to scaled deployment of LEO communication constellations.GEESATCOM reached a major milestone in September with the launch of its sixth orbital plane, completing Phase-1 constellation deployment. Geespace now operates 64 satellites in orbit with 100% on-orbit reliability. The constellation provides global coverage excluding the polar regions, supporting up to 340 million communications per day for as many as 20 million users. It delivers 1,900-byte message capability for text, voice, and image transmission, supported by in-house adaptive anti-interference technology offering up to 50 dB of protection to ensure secure and stable connectivity.Through sustained investment in scalable innovation, Geespace has built full-stack capabilities across the space, ground, and application segments—from constellation system design and payload development to satellite mass production, telemetry and operation control, communication chipsets, modules and diversified terminals. Compared with traditional satellite communications, GEESATCOM’s IoT services offer significantly lower costs and flexible service tiers to support a wide range of industry scenarios.Commercial use cases are expanding rapidly. In China, GEESATCOM has completed near-100% successful testing in sectors including marine fisheries, construction machinery, smart mobility, logistics and robotaxi. Internationally, Geespace has secured more than 20 operator partnerships across key emerging markets. In June 2024, GEESATCOM achieved a 99.15% communication success rate in its first overseas deployment test in Oman, with network availability exceeding 99.97%.From remote industrial operations to offshore vessel tracking, GEESATCOM is enabling reliable connectivity in regions underserved by terrestrial networks. As global deployments accelerate, Geespace aims to further integrate satellite technology with industry applications—supporting mobility, energy, agriculture, logistics, and other sectors with cost-efficient, secure LEO IoT services that contribute to digital transformation across emerging economies worldwide.Company: GeespaceContact Person: Elliott ZhangEmail: geespace.pr@geely.com Website: https://www.geespace.com/ Telephone: +86 21 54200666 Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

HONG KONG, Nov 27, 2025 - (ACN Newswire via SeaPRwire.com) – KEF, the premium speaker brand of Gold Peak Technology Group Limited (stock code: 40), announced partnership with Huawei to introduce HUAWEI HiPlay wireless transmission technology to KEF’s award-winning wireless HiFi speaker range for the first time. By combining KEF’s acoustic excellence with Huawei’s smart technology expertise, the two brands will bring high-resolution, lossless audio at 192kHz/24bit, delivering an unprecedented level of clarity and convenience for music lovers.Expected from the first quarter of 2026, a firmware update for KEF’s LS Wireless Collection speakers will be released to support the HUAWEI HiPlay ecosystem. This update will enable users to stream high-resolution music from their favourite platforms directly to KEF’s wireless HiFi speakers with a single tap from Huawei HarmonyOS 6- compatible smartphones and tablets — delivering a seamless, stable, and high-fidelity audio experience.Acoustic excellence meets wireless innovationFor over six decades, KEF has consistently pushed the boundaries of high-fidelity sound through relentless innovation. Today, KEF stands at the forefront of the premium audio industry with award-winning wireless HiFi speaker models including LSX II, LS50 Wireless II, and LS60 Wireless, powered by its proprietary W2 wireless platform. Renowned for robust connectivity and superior streaming performance, the W2 platform reflects KEF’s expertise in integrated wireless solutions, making KEF an ideal audio partner for HUAWEI HiPlay.Perfect display of high-fidelity transmission of original soundThe latest HUAWEI HiPlay technology enables lossless audio transmission at up to 192kHz/24bit over Wi-Fi. As one of the first audio partners for this latest technology from Huawei, KEF’s high-fidelity engineering excellence provides the ideal foundation for HUAWEI HiPlay, allowing listeners to enjoy pure, accurate, and detailed sound with convenience.KEF x Huawei setting new heights for wireless experienceGrace Lo, President of KEF Audio Group said, “We are honoured and excited about the partnership with Huawei, which is a joint commitment to advance the standards of the consumer audio industry and steer it into a new era of wireless high-fidelity. By uniting KEF’s acoustic engineering with Huawei’s smart technology ecosystem, the collaboration delivers a modern listening experience defined by clarity, immersion and uncompromised fidelity.”Huawei introduced the Meta80 phone series and the new HiPlay high-fidelity streaming technology at the press conference yesterday. KEF proudly stands as a member of the inaugural group of collaborating acoustic brands.Gold Peak Technology Group LimitedCharlotte WongSenior Manager, Corporate CommunicationsTel: (852) 2485 5328Email: charlotte_wong@goldpeak.comAJA Capital LimitedAvy Yu / Janet LouieTel: (852) 9500 4443 / (852) 9155 5615Email: avy.yu@ajacapital.com.hk / janet.louie@ajacapital.com.hkAbout Gold PeakGold Peak Technology Group is a global battery and electronics company with an aspiration to become one of the leaders in providing energy and sound solutions that enlighten and empower lives, and with sustainability as a focus.The parent company, Gold Peak Technology Group Limited (SEHK: 40), was established in 1964 and has been listed on the Stock Exchange of Hong Kong since 1984. Gold Peak holds a majority stake at 86.18%* in the Singapore-listed GP Industries Limited as its major industrial investment vehicle and operates manufacturing, R&D, marketing and distribution operations in more than 10 countries around the world.Gold Peak Technology Group Limited not only develops its consumer batteries, electronics and audio products, but also puts great emphasis on R&D of new rechargeable battery and B2B battery technologies. The Group has built renowned brand names for its major product categories, including GP batteries, GP Recyko batteries, KEF premium audio products and Celestion professional speaker drivers.www.goldpeak.com( * shareholding % as at 26 November 2025)ABOUT KEFSince 1961, KEF has been obsessed with the power of high-fidelity sound. By leading in technical innovation, design and craftsmanship, KEF creates revolutionary speakers, subwoofers and wireless systems that provide listeners with transformative audio experiences, capturing the meaning, magic and moments in creators’ work.BBC engineer Raymond Cooke founded KEF, naming it after its original site, Kent Engineering and Foundry. The company continues to conduct research and development while manufacturing flagship speakers in Maidstone, Kent, UK.KEF Music Galleries in key cities worldwide, including our global flagship in London, offer unique and inviting ‘listen and believe’ spaces for both seasoned audio enthusiasts and newcomers, serving as community hubs for partner and creator collaborations.www.kef.com Copyright 2025 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com

TOKYO, Nov 27, 2025 - (JCN Newswire via SeaPRwire.com) - Mitsubishi Electric Building Solutions Corporation (MEBS, Head Office: Chiyoda-Ku, Tokyo; President: Iwao Oda) today announced that Mitsubishi Electric de Mexico S.A. de C.V. (MELMEX), which is responsible for elevator and escalator sales in Mexico, completed the renewal of one of the spiral escalators at the Liverpool department store in the Centro Santa Fe shopping mall in Santa Fe, Mexico on October 15. This project was the first-ever spiral escalator renewal project conducted anywhere in the world.Spiral escalator after the renewalSpiral escalators, which are curved escalators that trace an arc, are manufactured exclusively by MEBS. The unit that was renewed this time is one of two spiral escalators in Mexico delivered by the company in 1992 that remain in operation today. Elevators and escalators undergo continuous and appropriate maintenance in order to sustain and restore their functionality. However, the risks associated with deterioration through aging and the number of discontinued or unavailable parts increase over time. Through this renewal, the company replaced key components at an optimal timing, enhancing the escalator’s safety, reliability, and comfort. In addition, by applying new features and designs, the project improved its energy efficiency, and aesthetic value. The company will pass on the insights and know-how gained during this renewal to the next generation and continue to respond effectively to customers’ future needs for spiral escalator renewals.Construction and Features of the Renewed Product1) The world’s first ever renewal of a spiral escalator, contributing to the product’s continued safe and secure operation- The team carried out the world’s first renewal of a spiral escalator, a product manufactured exclusively by MEBS.- Several major parts (the control panel, drive unit, safety devices, etc.) were replaced to ensure the continued safe and secure operation of this spiral escalator, which is a central feature of the building.2) Achieving improved energy efficiency, and aesthetic appearance by applying the latest functions and design- An automatic operation stationary in stand-by function has been newly introduced. A sensor detects the presence of escalator users and automatically stops operation when no users are detected. This reduces energy consumption when the escalator is unoccupied.- By replacing the existing polycarbonate interior panels with glass panels, the renewal will reduce aging-related effects such as photodegradation, which is a characteristic of plastic materials, and improve the escalator’s aesthetic appearance.- By enhancing the escalator’s energy conservation, and aesthetic appearance, the renewal will contribute to increasing the value of the customer’s building.3) Achieving a safe and high-quality renewal by overcoming construction conditions and structural issues with highly skilled techniques- Although the facility remained in operation and the working space was limited, which made it difficult to secure room for removing the existing components, the work was completed by repeatedly repositioning and reconfiguring the on-site lifting crane and gantry**.- During the installation of the interior panels and decorative parts, the spiral escalator's unique curved design makes it easy for slippage and gaps to occur. To overcome this problem, skilled workers drew on their experience to make fine adjustments down to the millimeter, such as cutting parts on site.- Through this renewal work, the company has strengthened its ability to meet customers’ future renewal needs by reliably handing down to and sharing with the next generation the advanced, highly specialized technologies and skills related to renewal of spiral escalators.Product SpecificationsProductMain replacement partsNo. of unitsManufacturerSpiral EscalatorControl Panel, Drive Unit, Safety Devices, Handrails, Steps, Interior Panels1 unitINZAZWA Building Systems Works* The panel shown here differs from the panels delivered for the current project.** Unlike conventional construction or overhead cranes, this is a self-supporting, lightweight crane device designed for handling light loads. It features an aluminum frame for easy installation and relocation, and can be operated without relying on the building’s structural elements.Future DevelopmentSince MEBS developed the world’s first spiral escalator in 1985, MEBS has manufactured a total of 111 units. Some of these existing spiral escalators are now 30 to 40 years old, and a certain level of demand for renewing these units to continue in future years. Spiral escalators, in particular, require extremely specialized technology and expertise from design to manufacture and installation due to their unique curved structure. In addition, unlike new spiral escalator installations conducted in the past, this renewal project was the company’s first attempt to dismantle, install, and adjust existing parts that can still be used, such as the trusses that form the escalator’s framework. In this project, a skilled engineer who has successfully installed spiral escalators in Japan and all over the world took the lead and completed the work while handing down his or her expertise to the next generation. MEBS will continue to provide its one-of-a-kind spiral escalators together with high-quality maintenance and renewal services so that these machines can continue to be used safely and comfortably around the world.Overview of MELMEXCompany NameMitsubishi Electric de Mexico S.A. de C.V.LocationState of Mexico, United Mexican StatesOwnershipMitsubishi Electric Corporation: 86.15%Mitsubishi Electric Building Solutions Corporation: 13.85%EstablishedApril 1976BusinessSales, manufacture, installation, and maintenance of elevators and escalators About Mitsubishi Electric Building Solutions CorporationMitsubishi Electric Building Solutions Corporation is a consolidated subsidiary of Mitsubishi Electric Corporation established in April 2022 that conducts a comprehensive range of operations in the building systems business, from development and manufacturing to maintenance and renewal. As a building solutions provider, we support the economic and social infrastructure through one-stop integrated solutions that combine a wide range of building-related products and services, including elevators, escalators, air conditioning and refrigeration equipment, and building systems, as well as with our extensive experience in building operation and management, and advanced digital technology. From buildings to building complexes and even entire cities, we contribute to enriching human life in buildings and urban spaces by solving a wide variety of issues that are closely linked to people and society, with the ultimate aim of realizing smart cities. For more information, please visit www.mebs.com/ Customer InquiriesCorporate Planning Department, Global Business GroupMitsubishi Electric Building Solutions Corporationbod.inquiry@rk.MitsubishiElectric.co.jp Media InquiriesCorporate Communication DivisionMitsubishi Electric Building Solutions Corporation A_mebs_press@meltec.co.jp  Press Release: http://www.acnnewswire.com/docs/files/20251127.pdf  Copyright 2025 JCN Newswire via SeaPRwire.com. All rights reserved. www.jcnnewswire.com