Mech-Mind debuts as Hong Kong’s first ’embodied intelligence eye-brain-hand’ stock

HONG KONG, Sep 4, 2026 - (ACN Newswire via SeaPRwire.com) - The company, which serves more than 100 Fortune Global 500 companies, derives over half its revenue overseas, and counts Baillie Gifford among its cornerstone investorsBy Teri YuIntelligent robot-component supplier Mech-Mind Robotics Technologies Co. Ltd. (9615.HK) made its Hong Kong trading debut on Tuesday at an offer price of HK$107.70 per share, raising approximately HK$2.35 billion.The listing was backed by cornerstone investors including century-old Scottish asset manager Baillie Gifford, Chinese insurance asset-management leader Taikang Life, Wall Street quantitative trading firm Jane Street, BYD's industrial investment arm Golden Link, and institutions such as Invus, Ghisallo, Ruihua, NGS Super Fund and E Fund. Founded in 2016, Mech-Mind, whose name means "robot's brain," provides embodied AI infrastructure. Rather than building robot bodies, it supplies the “eyes, brains and hands” that give robots their intelligence and mobile abilities.Its Mech-Eye industrial 3D cameras capture high-precision point-cloud data; its software platform, built around the Mech-GPT multimodal large model, handles perception, semantic understanding, task planning and motion control; and its Mech-Hand five-finger dexterous hands perform grasping and assembly. Together, the three form a closed loop from sensing to decision-making to execution in factories, warehouses and other operational settings.The company has shipped more than 29,000 units worldwide to date, serving over 100 Fortune Global 500 companies, including CATL, BYD, Toyota, Midea and Foxconn, across more than 50 typical application scenarios. Third-party research cited in its listing documents ranks Mech-Mind first globally in the market for AI + 3D vision-guided non-specialty intelligent robot components, with 22.1% of the market by revenue in 2025. Its global shipment share topped 27% — more than its next four largest rivals combined.Its revenue rose to 388.8 million yuan ($54.3 million) in 2025 from 268.8 million yuan in 2024 and 180.8 million yuan in 2023, averaging 46.6% annual growth over the two-year period. Its gross margin rose to 64.6% in 2025 from 51.1% a year earlier and 39.1% in 2023, while its gross profit climbed to 251.1 million yuan from 70.6 million yuan two years earlier.The company’s losses are narrowing as its business scales. Mech-Mind’s adjusted net loss fell to 109 million yuan in 2025 from 334 million yuan in 2023. Its 2025 operating loss was smaller than that year’s R&D spending of 113 million yuan, suggesting the core business was nearing break-even before R&D costs. Existing customers accounted for 61% of revenue in 2023, rising to 78% in 2025 and 86% in the first quarter of 2026, while average deployments per customer climbed from 7.2 units to 13.2.Revenue for the first quarter of 2026 rose 73.1% year on year to 106.9 million yuan, while its loss narrowed 19.5% to 56.8 million yuan.Mech-Mind has targeted the global market since its founding, with 16 business centers covering major industrial hubs such as Tokyo, Seoul, Chicago and Munich. Its overseas revenue jumped to 195.5 million yuan in 2025 from 97.7 million yuan in 2024 and 58.6 million yuan in 2023, growing at an average of 82.7% annually, and accounting for a majority 50.3% of total revenue last year — up from 32.4% in 2023. The company now serves more than 900 overseas customers across 50 countries and regions.Mech-Mind said it will allocate about 31.8% of the IPO proceeds to R&D, and another 29.4% to global expansion and commercialization. The remainder will fund a broader product portfolio and application scenarios, expanded production capacity, improved operational efficiency, and be used for general working capital.The Bamboo Works offers a wide-ranging mix of coverage on U.S.- and Hong Kong-listed Chinese companies, including some sponsored content. For additional queries, including questions on individual articles, please contact us by clicking here. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Formerra Receives 2026 Eaton Supplier Excellence Award ACN Newswire

Formerra Receives 2026 Eaton Supplier Excellence Award

ROMEOVILLE, IL, Sept 4, 2026 - (ACN Newswire via SeaPRwire.com) - Formerra, a leader in performance materials distribution, was recognized for its partnership at Eaton's 2026 Global Supplier Conference & Excellence Awards, held Thursday, August 27 in Beachwood, Ohio. Formerra was one of only 30 suppliers recognized with Eaton's Supplier Excellence Award from among the company's global network of more than 30,000 supplier partners.Eaton grants the Supplier Excellence Award to suppliers that exceed expectations through exceptional performance, innovation, and contributions to growth. Formerra serves as Eaton's preferred plastics distribution partner, a role built through disciplined execution and engagement across Eaton's corporate organization and manufacturing sites.While the partnership began over 15 years ago in North America, it now extends into Asia, Europe, and the Middle East, where Formerra recently established dedicated logistics and warehousing capabilities in Dubai to support Eaton's expansion in the region.Formerra has broadened its support, extending beyond polymer distribution in response to Eaton's dynamic requirements. The scope now covers thermoset materials, finished goods distribution, supply chain optimization, global logistics, and technical application support."Eaton holds its supply base to a high standard, and this recognition reflects work our teams do every day across three continents," said Tom Kelly, Chief Executive Officer, Formerra. "Our people earned it by understanding how Eaton operates, anticipating needs, and solving problems before they reach a production line.The relationship between Formerra and Eaton offers strengthened supply resiliency, reduced supply chain risk, vendor consolidation, and improved operational efficiency as Eaton continues to pursue global growth.Caption: (L to R) Mike Hibbs, Global Category Manager, Eaton; Susan Logue, Sr. Key Accounts Manager, Formerra; Tom Kelly, CEO, FormerraKey Details:Formerra received the Supplier Excellence Award at Eaton's annual supplier conference.Formerra was one of 30 suppliers recognized from a global network of more than 30,000.Formerra serves as Eaton's preferred plastics distribution partner across North America, Asia, Europe, and the Middle East.Formerra has established warehousing capabilities in Dubai to support Eaton's regional operations.Support extends beyond plastics distribution into thermoset materials, finished goods distribution, supply chain optimization, and global logistics.About FormerraFormerra is a preeminent distributor of engineered materials, connecting the world's leading polymer producers with thousands of OEMs and brand owners across healthcare, consumer, industrial, and mobility markets. Powered by technical and commercial expertise, it brings a distinctive combination of portfolio depth, supply chain strength, industry knowledge, service, leading e-commerce capabilities, and ingenuity. The experienced Formerra team helps customers across multiple industries to design, select, process, and develop products in new and better ways - driving improved performance, productivity, reliability, and sustainability. To learn more, visit www.formerra.com.ContactMedia Relations Global & Americas:Jackie MorrisEmail: Jackie.Morris@Formerra.comPhone: 630.849.3620SOURCE: Formerra Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Kincora Announces Exploration Strategy Update: Drilling Planned Across Four Projects ACN Newswire

Kincora Announces Exploration Strategy Update: Drilling Planned Across Four Projects

MELBOURNE, Sept 4, 2026 - (ACN Newswire via SeaPRwire.com) - Copper-gold explorer and hybrid prospect generator Kincora Copper Limited (ASX: KCC) (TSXV: KCC) (Kincora or the Company) is pleased to provide an update on planned sole funded exploration over the upcoming Spring and Summer field season including over 25,000 metres of air-core drilling across four projects in Central West NSW, Australia.The programs align with the Company's hybrid prospect generator model, under which partners fund the majority of exploration expenditure with Kincora generating large-scale porphyry system targets. The air-core programs complement ongoing asset-level partner discussions and are expected to add scale and value while upgrading Kincora's geological concepts.HIGHLIGHTS Sole funded budget of up to A$3-millionBoard approval for extensive air-core drilling seeking to systematically and cost effectively advance 17 targets across four projects (Nyngan West, Fairholme, Cowal East and Trundle) expanding existing known mineralised porphyry systems and testing of new targets.Formal process with potential new asset level partners progressing with strong interest.Kincora's net cash position is forecast to further increase in both September and the December quarter with further receipt of proceeds from the US$10-million divestment of our Mongolian projects 1. Kincora's last reported cash balance was A$12-million 2.Programs for 340 holes and over 25,000 metresNyngan West: Maiden drilling across both ultramafic and Macquarie Arc porphyry targets.Fairholme: Seeking to expand a structurally controlled gold system at the Gateway target from a 1.6km to 2.6km strike, advance the adjacent Dungarvan target and expand three porphyry copper system targets in the northern portion of the license. Maiden drilling proposed across the strategically located southern Nerang target.Cowal East: Series of drill lines across six targets stepping out from two known intrusive systems and maiden drilling of regionally significant geophysical anomalies.Trundle: Very shallow drilling across a total of 19km2 area in the north, south and Dunns section of the project seeking to replicate the success of similar programs at the Northparkes project that have led to multiple porphyry copper-gold deposit discoveries situated within the same interpreted caldera.Condobolin update: Full assay results pending for the completed 9-hole, 2,615 metre program with localised higher-grade gold and base metals 3. Independent review proposed to confirm interpretation of a Reduced Intrusion System geological target model and refine follow up.New opportunities: Kincora continues to review a pipeline of new opportunities where it has a competitive advantage to add shareholder value including recent claim extensions of targets at the Fairholme and Cowal East projects. The Company is proactively utilising Geomorphic AI's proprietary system in the review process with thirty reviews undertaken to date 4.President & CEO, Sam Spring, commented:"We are excited to embark on an extensive air-core drilling program over the upcoming Spring and Summer field season, systematically advancing four key projects across our NSW portfolio.Our projects and targets compete for capital and resourcing. These programs are designed to quickly and cost effectively test and advance our geological concepts, add scale and value, and position the highest-priority opportunities for larger-scale exploration.Importantly, this work complements our hybrid prospect generator strategy. Following extensive independent, internal and next-generation technical reviews, we have commenced a formal process with potential new asset-level partners for a number of our more advanced and brownfield porphyry projects with strong initial interest. The planned sole funded drilling programs will complement this process.With partner-funded drilling by AngloGold Ashanti continuing, management fee income being generated and further proceeds expected from the US$10-million divestment of our Mongolian portfolio, Kincora is well positioned to fund these programs while continuing to grow our net cash position and pursue new growth opportunities." Figure 1: Kincora's NSW Project PortfolioEight projects in total, including the Northern Junee Narromine Belt project funded by and in partnership with AngloGold Ashanti where drilling is ongoing. Recent diamond drilling has taken place at the Condobolin project, results pending, with air-core drilling proposed at the Nyngan West, Fairholme, Cowal East and Trundle projects.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/2305/312600_795de1173497999c_001full.jpgSTRATEGY AND PROJECT OVERVIEW As part of Kincora's ongoing portfolio review process, the Company's Technical Committee has evaluated the exploration and corporate strategy for each of its wholly owned NSW projects, with a focus on systematically advancing opportunities and generating shareholder value.These reviews consider both technical and commercial factors in-line with the Company's hybrid prospector generator model, under which the majority of exploration expenditure is funded by asset level partners. Kincora's role is to secure prospective ground and undertake earlier stage, lower cost exploration activities to advance and validate geological concepts ahead of larger-scale drilling programs.Recent internal and independent reviews across the portfolio have identified significant open and highly prospective areas within various wholly owned projects where extensions of mineralisation and/or open geophysical anomalies currently lack sufficient coverage to support deeper drilling. All targets and projects are ranked and compete for capital and resources, taking into account technical merit and operational considerations. From this process 17 targets have been prioritised for drilling during the upcoming Spring and Summer field season, when ground conditions and access are generally favourable for air-core drilling.As discussions with potential partners advance around earn-in and joint venture funding models capable of supporting multi-year, multi-phase drilling, Kincora has also pegged open ground adjacent to priority targets at the Cowal East and Fairholme projects. The Company is now seeking to sole fund over 25,000 metres of air-core drilling at four projects. These programs are in addition to ongoing partner-funded drilling with AngloGold Ashanti, which has been underway since the 2025 end of year holiday break.Air-core drilling is a fast and cost-effective technique for collecting basement samples under shallow cover to test and refine target areas mapping mineralisation, alteration, lithology and depth. These results help generate, test and refine targets and this technique has been a key phase in many significant discoveries in the Lachlan Fold Belt.The spacing of Kincora's programs are reflective of the nature of the target, stage of exploration at the target and seeking to gain coverage over significant geophysical anomalies to help refine and determine where more detailed and expensive drilling is warranted.NYNGAN WEST PROJECTThe Nyngan West project includes a single large licence (207.4km2) with no outcrop and has not previously been drill tested or basement rocks sampled. The project is prospective for two different mineral systems and is located to the immediate west of the Company's Nyngan project which is included in an earn-in and joint venture agreement with AngloGold Ashanti where drilling is ongoing testing maiden porphyry system targets. The program at Nyngan West is expected to be completed before year end.Sole funded Kincora drilling will test two porphyry targets for potential extensions of the Junee-Narromine Belt of the Macquarie Arc under relatively shallow interpreted cover.Drilling is also proposed to test a regionally significant magnetic high, gravity low anomaly and structurally controlled extensions interpreted to be part of the Fifield Suite. These targets are highly prospective for various critical minerals including scandium, nickel and cobalt, which are often hosted on similar magnetic highs to the west of the Junee-Narromine Belt.Such settings host Sunrise Energy Metals Limited's (SRL.ASX, market capitalisation A$2.9-billion) namesake project and adjacent ground to Nyngan West.FAIRHOLME PROJECTPrevious drilling by major mining companies, predominately Newcrest, has defined an extensive structurally controlled gold with base metals mineralised footprint in the south of the project at the Gateway target and several earlier stage porphyry copper targets to the north.Previous exploration predominately focused on a traditional Macquarie Arc porphyry copper deposit model rather than the recent Cowal-style epithermal gold and/or hybrid porphyry copper-gold methodology, often off the shoulders of such geophysical anomalies and with greater weighting on geochemical vectors and structure. This newer exploration model has resulted in significant recent exploration success in the Macquarie Arc by Evolution Mining at the Cowal mine, Alkane Resources at Boda-Kaiser deposit, Waratah Minerals at Spur discovery and LinQ Minerals at the Dam/Gidginbung projects.Koonenberry Gold is shortly planning sole funded drilling at its Wilga project west of Kincora's Fairholme project (and noting Newmont is earning into Koonenberry Gold's Fairholme project immediately adjacent to the north of our Fairholme project).Initial air-core and diamond drilling by Kincora has already expanded the structurally controlled gold and base metals system at the Gateway target from 600 metres to 1,600 metres 5 with the proposed program seeking to expand this a further kilometre, as well as advance the adjacent Dungarvan target. Follow up step out drilling is also proposed at three highly prospective porphyry copper targets in the northern portion of the licence, Anomaly 2, Driftway C and Manna Creek.Land access and maiden drilling are proposed across the strategically located southern Nerang prospect. Drilling at Fairholme is expected to commence immediately after the Christmas-New Year break.COWAL EAST PROJECTPreviously the focus of limited drilling by BHP and Newcrest, the Cowal East project sits immediately to the east, on the other side of Lake Cowal to Evolution Mining's flagship Cowal mine and as close as 4km north of the Marsden porphyry copper-gold deposit. Like other projects on the Cowal Igneous Complex, there is limited outcrop with basement masked by relatively shallow post mineral cover.Earlier in 2026, Kincora completed a 'traditional' ground gravity survey which upgraded various targets 6, with Atomionics Pte Ltd's next generation 'quantum" gravity survey scheduled to commence in November.Kincora has designed a series of drill lines across six targets stepping out from two known Macquarie Arc intrusive complexes and maiden drilling of regionally significant geophysical anomalies testing similar targets and settings that led to the discovery of Marsden.TRUNDLE PROJECTKincora's Trundle project is hosted in the interpreted western rift of the Northparkes Igneous Complex and with previous drilling predominately by the major mining companies returning large mineralised footprints at/near surface in the north and south of the licence 7.Recently completed internal and independent reviews have identified multiple prospective and open mineralised intrusion centres, seeking to test more optimal interplays of structures occurring along prospective zones characterised by strong gradients.Very shallow drilling across a total of 19km2 area in the north, south and Dunns section of the project is seeking to replicate the success of similar programs at the Northparkes mine and other side of the same interpreted caldera that have led to multiple porphyry copper-gold deposit discoveries, including the E44 deposit which is currently the focus of a multiple rig program and potentially the first satellite deposit to the existing mill.MARKETING ENGAGEMENTThe Company announces that it has entered into a marketing services agreement with Resource Stock Digest (RSD), a resource-sector investor media and marketing company based out of Texas, U.S.A., effective September 2nd, 2026, pursuant to which, among other things, RSD has agreed to provide certain promotional services to the Company in accordance with TSX Venture Exchange (the Exchange) Policy 3.4 - Investor Relations, Promotional and Market-Making Activities. RSD has been engaged for a 2-month advertising and marketing program for total cash consideration of USD $75,000, which will be funded from the Company's general working capital as a single payment in September.RSD conducts interviews with the Company and produces content that is distributed to RSD's subscriber base and connects issuers to the investment community across North America. There are no performance factors contained in the agreement, and RSD will not receive securities of the Company as compensation. RSD is arm's length from the Company and has no direct interest in the Company or its securities nor any right or intent to acquire such an interest. The agreement is subject to the approval of the Exchange. RSD is owned and operated by Gerardo Del Real and Nick Hodge and its contact details are as follows: Gerardo Del Real, 2250 Double Creek Dr #5669, Round Rock, TX 78665, USA; Email: editor@resourcestockdigest.com.FOR FURTHER INFORMATION PLEASE CONTACT: Sam Spring, President and Chief Executive Officer sam.spring@kincoracopper.com or +61431 329 345Kaitlin Taylor, Investor Relationsinvestors@kincoracopper.comExecutive office 400 - 837 West Hastings StreetVancouver, BC V6C 3N6, CanadaTel: 1.604.283.1722Subsidiary office Australia C/- JM Corporate Services Level 6, 350 Collins StreetMelbourne, VIC, Australia 3000About KincoraKincora Copper Limited (ASX: KCC) (TSXV: KCC) is an emerging Australia-focused gold-copper explorer with a hybrid project generator strategy.The Company is successfully proving up the prospectivity of its extensive project portfolio, which includes multiple district-scale landholdings and scalable drill ready targets. These assets are located in Australia's Lachlan Fold Belt, one of the globe's leading porphyry belts, and the historical Condobolin mining field within the Cobar basin in NSW.The Company has already unlocked over A$100 million of potential partner funding for multiple earlier stage and/or non-core porphyry projects. These initial deals have supported over 20,000 metres of drilling and over A$10m of partner funded exploration since late 2024, with management fees and exploration ramping up.Various partner discussions are ongoing for its remaining 100% owned flagship and advanced exploration stage porphyry projects.By having a significant portfolio of partner funded large porphyry projects, and very focused capital efficient programs at our other sole funded projects, the Company is seeking to position Kincora as a leading institutional grade explorer in the public Australian and Canadian markets, and the leading project generator on the ASX.The Company's website is: www.kincoracopper.com.This announcement has been authorised for release by the Board of Kincora Copper Limited(ARBN 645 457 763)References:Kincora is not aware of any new information or data that materially affects the information as disclosed to the originally sighted references:1 Mongolian projects: Kincora press releases "Kincora receives payment for Mongolian Asset divestment" (May 19, 2026), "Kincora executes agreements for Mongolian Asset divestment" (July 2, 2026), and "Kincora quarterly report for the period ended June 2026" (August 14, 2026) 2 Last reported cash balance: Kincora press release "Kincora quarterly report for the period ended June 2026" (August 14, 2026) 3 Condobolin project: Kincora press releases "Kincora commences drilling at historic Condobolin Mining field" (April 28, 2026) and "Kincora quarterly report for the period ended June 2026" (August 14, 2026) 4 Geomorphic AI: Kincora press releases "Kincora engages Geomorphic AI" (April 29, 2026) and "Kincora quarterly report for the period ended June 2026" (August 14, 2026) 5 Fairholme project: Kincora press releases "First phase drilling results and commencement of phase two at the Fairholme project" (March 31, 2022), and "Kincora quarterly report for the period ended June 2026" (August 14, 2026)6 Cowal East project: Kincora press releases "Kincora consolidates, commences Geophysics at Cowal East" (March 10, 2026), and "Kincora quarterly report for the period ended June 2026" (August 14, 2026)7 Trundle project: Kincora press releases "Positive assay results for the Trundle and Fairholme projects" (August 18, 2022), and "Kincora quarterly report for the period ended June 2026" (August 14, 2026)Third party information:Koonenberry Gold Limited - disclosures regarding the Newmont Exploration Pty Ltd earn-in over the Fairholme Copper-Gold JV Project and planned drilling at the Wilga project.Waratah Minerals Limited - disclosures regarding the Spur project and the Cargo Intrusive Complex.Evolution Mining Limited - disclosures regarding the Cowal mine and the Northparkes mine, including the E44 deposit.Alkane Resources Limited - disclosures regarding the Boda-Kaiser project.LinQ Minerals - disclosures regarding the Dam and Gidginbung projects.Sunrise Energy Metals Limited - Sunrise project disclosures; market capitalisation sourced from ASX market data as at close of business September 1st, 2026.Kincora has not independently verified the third-party information referred to above, and it is not to be regarded as being reported, adopted or endorsed by Kincora.Qualified Person The scientific and technical information in this announcement was prepared in accordance with the standards of the Canadian Institute of Mining, Metallurgy and Petroleum and National Instrument 43-101 - Standards of Disclosure for Mineral Projects ("NI 43-101") and was reviewed, verified and compiled by Kincora's staff under the supervision of Peter Leaman (M.Sc. Mineral Exploration, FAusIMM), Senior Vice-President of Exploration of Kincora, and John Holliday (BSc Hons, BEc, member of the Australian Institute of Geoscientists), Non-Executive Director and Chairman of Kincora's Technical Committee, who are Qualified Persons for the purpose of NI 43-101.JORC Competent Person StatementInformation in this announcement that relates to Exploration Results or Mineral Resources are those that have been previously reported (with the original release referred to in this announcement), and have been reviewed and approved by John Holliday and Peter Leaman, who are Competent Persons under the definition established by JORC and have sufficient experience which is relevant to the style of mineralisation and type of deposit under consideration and to the activity being undertaken to qualify as a Competent Person as defined in the 2012 Edition of the 'Australasian Code for Reporting of Exploration Results, Mineral Resources and Ore Reserves'. John Holliday and Peter Leaman consent to the inclusion in this report of the matters based on their information in the form and context in which it appears. The review and verification process for the information disclosed herein for the projects referred to in this announcement have included the receipt of all material exploration data, results and sampling procedures of previous operators and review of such information by Kincora's geological staff using standard verification procedures.This announcement refers to historical exploration results, including drilling completed by Newcrest, BHP and other previous operators. Kincora has not independently verified this historical and third-party information, it is not to be regarded as being reported, adopted or endorsed by Kincora, and a Competent Person has not done sufficient work to classify the historical exploration results as Mineral Resources in accordance with the JORC Code. It is uncertain that further exploration will result in the determination of Mineral Resources or Ore Reserves. Kincora is not aware of any new information or data that materially affects the information referred to in respect of any historical estimates and confirms that all material assumptions and technical parameters underpinning those estimates continue to apply and have not materially changed.Forward-Looking StatementsCertain information regarding Kincora contained herein may constitute forward-looking statements and "forward-looking information" within the meaning of applicable securities laws (collectively, "forward-looking information"). Forward-looking information is generally identifiable by the use of words "believes", "may", "plans", "will", "anticipates", "intends", "could", "estimates", "expects", "forecasts", "projects", and similar expressions, and the negative of such expressions. Such forward-looking statements or information include but are not limited to statements or information with respect to the planned exploration programs, drilling metres, hole counts, pending assay results, proposed independent reviews, budgets, review and potential pursuit of new opportunities, including the use and anticipated benefits of Geomorphic AI, the Company's forecast net cash position, expected receipt of funds relating to the announced divestment of the Mongolian projects and timing described in this announcement, the outcome of partner discussions, anticipated partner-funded exploration activities, and the marketing services agreement with Resource Stock Digest. Forward-looking statements may include estimates, plans, milestones, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Readers are cautioned not to place undue reliance on forward-looking information and statements.Forward-looking information and statements are based on the then current expectations, beliefs, assumptions, estimates and forecasts about the Company's business and the industry and markets in which it operates. Forward-looking information and statements are made based upon numerous assumptions, including, among other things, the Company's ability to obtain and maintain necessary land access, permits and approvals; favourable weather and ground conditions; the availability of drilling rigs, personnel, contractors, equipment and laboratory capacity; the availability of sufficient funding; the receipt and timing of remaining proceeds from the Mongolian project divestment; the costs and timing of the planned exploration programs; the performance of counterparties under existing agreements; the continuation of partner-funded exploration activities and management fee arrangements; the willingness of prospective partners to enter into earn-in, joint venture or other asset-level arrangements; and general economic, market, regulatory and business conditions.Forward-looking information involves numerous risks and uncertainties, including risks that planned exploration programs may be delayed, modified, reduced or not completed; that drilling or geophysical surveys may not produce results consistent with the Company's geological interpretations or objectives; that assay results may not confirm preliminary interpretations; that anticipated proceeds from the Mongolian project divestment may not be received in the amounts or within the timelines anticipated; that the Company's net cash position may not increase as forecast; that asset-level partner discussions may not result in definitive agreements, partner funding, exploration expenditures or management fee income; and that the Resource Stock Digest agreement may not receive Exchange approval or be performed as contemplated; risks associated with weather conditions, rig availability, access, resourcing, permitting, jurisdictional matters, counterparties, government approval, ESG, and general market and business conditions; and other factors, and actual results might differ materially from results suggested in any forward-looking information. Although Kincora believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations, geological concepts and plans will prove to have been correct. Kincora cautions that actual performance will be affected by a number of factors, most of which are beyond its control, and that future events and results may vary substantially from what Kincora currently foresees. Factors that could cause actual results to differ materially from those in forward-looking statements include: market prices; approvals; continued availability of capital and financing and general economic; market or business conditions; counterparty risk; sovereign risk; and investor sentiment. Accordingly, readers should not place undue reliance on forward-looking information and statements. Readers are cautioned that reliance on such information and statements may not be appropriate for other purposes.The forward-looking statements are expressly qualified in their entirety by this cautionary statement. The information contained herein is stated as of the current date and is subject to change after that date. Kincora does not assume the obligation to revise or update these forward-looking statements, except as may be required under applicable securities laws.Neither the TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture Exchange) or the Australian Securities Exchange accepts responsibility for the adequacy or accuracy of this release.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/312600 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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CMS (867.HK/8A8.SG): Innovative Drug Lumirix(R) Approved in China for Additional Indication of Atopic Dermatitis (AD) ACN Newswire

CMS (867.HK/8A8.SG): Innovative Drug Lumirix(R) Approved in China for Additional Indication of Atopic Dermatitis (AD)

SHENZHEN, CHINA - China Medical System Holdings Limited (“CMS” or the “Group”) is pleased to announce that its subsidiary, Dermavon Holdings Limited (“Dermavon”, an innovative pharmaceutical company specialized in skin health which is applying for a separate listing on the Main Board of The Stock Exchange of Hong Kong Limited) received the approval from the National Medical Products Administration of China (NMPA) for the New Drug Application (NDA) of ruxolitinib phosphate cream (Lumirix®) for the treatment of mild to moderate atopic dermatitis (“AD”) on 2 September 2026. The drug registration certificate was obtained on 3 September 2026. The product is indicated for the topical short-term and non-continuous chronic treatment of mild to moderate atopic dermatitis in non-immunocompromised adult and pediatric patients 2 years of age and older whose disease is not adequately controlled with topical prescription therapies or when those therapies are not advisable.The NDA for indication AD has been approved for inclusion in the Priority Review List by the Center for Drug Evaluation (CDE) of the NMPA based on its qualification as a “new variety, dosage form and specification of pediatric drug that conforms to the physiological characteristics of children”, which effectively shortened the product's review process and accelerated the marketing approval for the AD indication.From “First Topical JAK Inhibitor” to Indication Expansion, Lumirix® Continues to Deliver Clinical ValueIn January 2026, Lumirix® was approved for marketing by the NMPA, becoming the first topical JAK inhibitor approved in China for the treatment of vitiligo. The approval of this NDA for the additional indication of AD offers a novel treatment option for pediatric patients 2 years of age and older, adolescent and adult AD patients, with safety and efficacy supported by clinical data*.Previously, Lumirix® achieved positive results in a randomized, double-blind, placebo-controlled phase III clinical trial in China for mild to moderate AD:· Robust Efficacy: Lumirix® successfully met its primary endpoint— a significantly higher proportion of patients treated with Lumirix® achieved IGA (Investigator's Global Assessment) of 0 or 1 with at least two grades of reduction from baseline at week 8, compared with placebo (63.0% vs 9.2%, P < 0.001). For the key secondary endpoint, the proportion of subjects achieving at least a 75% improvement from baseline in the Eczema Area and Severity Index score (EASI 75) of treatment with Lumirix® was also significantly higher than that of the placebo group, at week 8 (78.0% vs 15.4%, P < 0.001).· Favorable Safety Profile: the severity of treatment-emergent adverse events (TEAE) during the treatment period was mostly mild or moderate, with no TEAEs leading to discontinuation of the study drug. Overall, Lumirix® was safe and well-tolerated.*Based on Phase III clinical data from China and overseas.Building the AD “treatment + care” Solution to Strengthen Dermavon's Skin Health LayoutAD is a chronic, recurrent and inflammatory dermatologic disease. According to CIC Report, there were over 54 million AD patients in China in 2024[1]. To address the needs of AD patients from treatment to daily care, Dermavon has built a comprehensive “treatment + care” solution:· Topical formulation: Lumirix® (mild-to-moderate AD) – Marketed in China· Injectable biological agent: Comekibart Injection (moderate-to-severe AD) – Under NDA review in China· Oral small molecule targeted drug: CMS-D001 (moderate-to-severe AD) – Phase II clinical trial· Daily repair: Heling Soothing Product Series – Marketed in ChinaSimultaneously, the indication expansion of Lumirix® will strengthen Dermavon’s strategic layout in the field of skin treatments and create synergies with its commercialized innovative drug ILUMETRI (tildrakizumab injection), commercialized exclusive drug Hirudoid (mucopolysaccharide polysulfate cream), and a series of innovative drugs under development and dermatological skin care products, in terms of expert network and market resources, thereby potentially enhancing Dermavon's market competitiveness and brand influence in the field of skin health.About ADAD is a chronic, recurrent and inflammatory dermatologic disease, with the main clinical manifestations of dry skin, chronic eczema-like lesions and obvious itching or pruritus, which may seriously affect the quality of life of patients. It is estimated that there were over 54 million AD patients in China as of 2024. Based on SCORAD scores, mild to moderate AD accounts for 98% of these cases, representing over 52.5 million patients[1]. Topical drugs are the most basic treatment for AD. Traditional topical medications such as topical corticosteroids (TCS) and topical calcineurin inhibitors (TCIs) have clinical pain points with long-term adverse reactions or limited efficacy, therefore novel treatments are urgently needed.More Information About Ruxolitinib Phosphate CreamRuxolitinib phosphate cream is a novel cream formulation of the selective JAK1/JAK2 inhibitor ruxolitinib developed by Incyte. Incyte has worldwide rights for the development and commercialization of ruxolitinib phosphate cream, marketed in the United States and Europe as Opzelura®. Opzelura® and the Opzelura® logo are registered trademarks of Incyte. In the U.S., ruxolitinib phosphate cream is the first topical JAK inhibitor approved by the U.S. Food and Drug Administration (FDA) for the topical treatment of non-segmental vitiligo in adult and pediatric patients 12 years of age and older, and for the topical short-term and non-continuous chronic treatment of mild to moderate atopic dermatitis in non-immunocompromised adult and pediatric patients 2 years of age and older whose disease is not adequately controlled with topical prescription therapies or when those therapies are not advisable[2]. In Europe, ruxolitinib phosphate cream is approved for the treatment of non-segmental vitiligo with facial involvement in adults and adolescents from 12 years of age, as well as the treatment of moderate atopic dermatitis in adult patients for whom topical corticosteroids and topical calcineurin inhibitors are inadequate or inappropriate[3,4].On 2 December 2022, Dermavon entered into a Collaboration and License Agreement with Incyte for ruxolitinib phosphate cream, obtaining an exclusive license to develop, register and commercialize the product in Mainland China, Hong Kong Special Administrative Region, Macau Special Administrative Region, Taiwan Region and eleven Southeast Asian countries (the “Territory”) and a non-exclusive license to manufacture the product in the Territory. Dermavon has sublicensed the relevant rights for the product outside of Mainland China to the Group (excluding Dermavon).About CMSCMS is an innovative pharmaceutical company focused on the identification, building, and full lifecycle management of differentiated specialty pharmaceuticals. With a dual-engine approach of in-house R&D and collaborative R&D, and leveraging its core capability to build markets and brands from the ground up, the Group enables each medicine to fully realize both its clinical value and commercial value.CMS has established an end-to-end capability loop across the full product lifecycle—precisely identifying quality innovation targets, matching them with optimal development pathways, and efficiently advancing clinical development and registration; developing medical strategies aligned with clinical needs, and driving scaled clinical adoption through a professional academic promotion system and network.CMS focuses on advantaged specialties including cardiovascular-kidney-metabolic, central nervous system, gastroenterology, ophthalmology, and skin health. Through professional academic promotion and academic resources across multiple disease areas, CMS has built sustainable scale advantages in specialties, with its skin health business becoming a leading player in its segment. Meanwhile, CMS continues to strengthen its international replication capabilities, validating the transferability of its business model in emerging markets such as Southeast Asia and the Middle East, and injecting long-term momentum for the Group’s high-quality, sustainable development.References1. China Insights Consultancy’s industrial report2. The U.S. FDA approval information can be found on the Incyte official website, as follows: https://investor.incyte.com/news-releases/news-release-details/incyte-announces-additional-fda-approval-opzelurar-ruxolitinib 3. The EMA approval information for vitiligo indication can be found on the Incyte official website, as follows: https://investor.incyte.com/news-releases/news-release-details/incyte-announces-european-commission-approval-opzelurar 4. The EMA approval information for AD indication can be found on the Incyte official website, as follows: https://investor.incyte.com/news-releases/news-release-details/opzelurar-ruxolitinib-cream-becomes-first-steroid-free-topical CMS Disclaimer and Forward-Looking StatementsThis press release is not intended to promote any products to you and is not for advertising purposes. This press release does not recommend any drugs, medical devices and/or indications. If you want to know more about the diagnosis and treatment of specific diseases, please follow the opinions or guidance of your doctor or other medical and health professionals. Any treatment-related decisions made by healthcare professionals should be based on the patient’s specific circumstances and in accordance with the drug package insert.This press release which has been prepared by CMS does not constitute any offer or invitation to purchase or subscribe for any securities, and shall not form the basis for or be relied on in connection with any contract or binding commitment whatsoever. This press release has been prepared by CMS based on information and data which it considers reliable, but CMS makes no representation or warranty, express or implied, whatsoever, and no reliance shall be placed on, the truth, accuracy, completeness, fairness and reasonableness of the contents of this press release. Certain matters discussed in this press release may contain statements regarding the Group’s market opportunity and business prospects that are individually and collectively forward-looking statements. Such forward-looking statements are not guarantees of future performance and are subject to known and unknown risks, uncertainties and assumptions that are difficult to predict. Any forward-looking statements and projections made by third parties included in this press release are not adopted by the Group and the Company is not responsible for such third-party statements and projections.Media ContactBrand: China Medical System Holdings Ltd.Contact: CMS Investor RelationsEmail: ir@cms.net.cnWebsite: https://web.cms.net.cn/en/home/ Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Everest Medicines Strengthens Its Cardiovascular Portfolio with CARDAMYST(R) Approved for the Conversion of Acute Symptomatic Episodes of PSVT to Sinus Rhythm in Adults in China ACN Newswire

Everest Medicines Strengthens Its Cardiovascular Portfolio with CARDAMYST(R) Approved for the Conversion of Acute Symptomatic Episodes of PSVT to Sinus Rhythm in Adults in China

HONG KONG, Sept 3, 2026 - (ACN Newswire via SeaPRwire.com) - Everest Medicines today announced that China’s National Medical Products Administration (NMPA) has approved CARDAMYST(R) (etripamil) for the conversion of acute symptomatic episodes of paroxysmal supraventricular tachycardia (PSVT) to sinus rhythm in adults. As Everest's first innovative therapy approved in the cardiovascular field, CARDAMYST further expands the Company‘s cardiovascular portfolio. The approval marks another important milestone in the execution of Everest's commercialization strategy and reinforces the Company's capability to bring innovative therapies to patients in China.CARDAMYST (etripamil) nasal spray is a novel, rapid-acting calcium channel blocker administered as needed via a convenient, portable nasal spray. It offers rapid onset of action, favorable tolerability, and the potential for at-home self-administration, enhancing patient accessibility. CARDAMYST is currently the only self-administered treatment for adults with PSVT to rapidly treat episodes. Treatment effects observed as early as five minutes after administration, with nearly two-thirds of patients achieving conversion to sinus rhythm within 30 minutes, reducing the need for emergency medical interventions and filling a critical gap in out-of-hospital, self-administered treatment options for acute symptomatic episodes of PSVT in China.PSVT is a type of tachyarrhythmia characterized by the sudden onset and termination of episodes of rapid, regular heart rhythm. Approximately 2.3 to 4 per 1,000 individuals are affected by PSVT, representing an estimated 3 to 6 million patients in China. During episodes, the heart rate spike is unpredictable and may last several hours. The rapid heart rate often causes disabling severe palpitations, shortness of breath, chest discomfort, dizziness or lightheadedness, and distress, forcing patients to limit their daily activities. The management of acute PSVT episodes in China has long relied primarily on hospital-based emergency care, highlighting the need for an on-demand treatment option that patients can self-administer outside of healthcare settings.“The approval of CARDAMYST addresses a critical unmet need by introducing the first innovative therapy that enables patients to self-administer treatment for acute PSVT episodes in China,” said Professor Changsheng Ma, M.D., Principal Investigator of the Phase III JX02002 study, Director of Cardiology Department at Beijing Anzhen Hospital, and President of the Chinese Society of Cardiology, Chinese Medical Association, “Both the global pivotal Phase III RAPID trial and the China Phase III JX02002 study demonstrated its rapid onset, robust efficacy, and favorable safety profile. We believe this innovative therapy has the potential to transform the treatment paradigm for acute PSVT episodes by enabling timely, patient-initiated treatment, reducing the need for emergency medical intervention, and ultimately improving patients' quality of life.”“The approval of CARDAMYST marks an important milestone, introducing the first out-of-hospital, patient-administered treatment option for acute PSVT episodes in China,” said Mr. Rogers Yongqing Luo, Chief Executive Officer of Everest Medicines. “As the only innovative therapy currently available that enables patients to self-administer treatment for PSVT episodes outside of healthcare settings, CARDAMYST offers a new on-demand treatment option. With treatment effects observed as early as five minutes after administration, CARDAMYST enables patients to manage episodes outside of a healthcare setting, giving them greater control over their condition and potentially reshaping the treatment paradigm for PSVT in China. Leveraging our proven commercialization capabilities, we look forward to accelerating the launch of CARDAMYST in China to address the significant unmet needs of patients with PSVT and realize its long-term clinical and societal value."The approval of CARDAMYST was supported by the global pivotal Phase III RAPID trial and the Phase III JX02002 study in China. Both studies met their primary endpoints. The RAPID trial achieved its primary endpoint with 64% of participants who self-administered etripamil (N=99) converting from supraventricular tachycardia (SVT) to sinus rhythm within 30 minutes compared to 31% on placebo (N=85) (HR = 2.62; p
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CTF Life’s ‘Aspiration Ride’ Transforms Hong Kong’s Iconic ‘Ding Ding’ into a Moving Celebration of Aspirations ACN Newswire

CTF Life’s ‘Aspiration Ride’ Transforms Hong Kong’s Iconic ‘Ding Ding’ into a Moving Celebration of Aspirations

HONG KONG, Sept 3, 2026 - (ACN Newswire via SeaPRwire.com) - CTF Life unveiled the “Aspiration Ride”, a month-long themed tram inspired by its latest brand campaign, “Your Aspiration. Our Aspiration.”. Running from 2 to 29 September, the themed tram transforms one of the city’s most beloved means of transport into a moving celebration of the aspirations that inspire Hongkongers at every stage of life. The activation forms part of a broader integrated campaign that combines outdoor advertising and digital storytelling featuring influencers to illustrate how aspirations evolve through different life stages, inspiring audiences to reflect on their journeys and the support behind them.For many Hongkongers, the tram is more than part of the daily commute. It is a living theatre of everyday life: childhood journeys by the window, first jobs, new beginnings and quiet reflections between stops. For more than a century, the city’s “ding ding” has travelled through changing streetscapes and generations, silently keeping pace as aspirations have taken shape, evolved and been pursued. Building on this shared journey, the “Aspiration Ride” invites people across all life stages to reflect on their ambitions and the support that helps turn them into possibilities.Officially unveiled at the launch ceremony on 2 September, the tram features a vibrant exterior design filled with colourful illustrations and more than 100 aspirations submitted by citizens through CTF Life’s social media platforms. Set against a backdrop of Chinese composition paper, the messages bring personal aspirations to life across the city, transforming the tram into a moving canvas of dreams and possibilities.CTF Life’s management team also added their own aspirations to the tram exterior, joining a shared display of ambitions, both modest and momentous, that give life a sense of purpose.“Hong Kong’s tramways have long been woven into the city’s collective memory, carrying generations of people and the stories that have shaped their journeys,” said Ruby Kwan, Marketing Director, CTF Life. “Every aspiration tells a story. Some stay with us for life, while others evolve as we move through different stages and embrace new possibilities. Yet each has the power to inspire us to grow, explore and move forward with purpose.“The ‘Aspiration Ride’ is a key element of an integrated campaign designed to bring the conversation around aspirations into everyday life. Through outdoor advertising, creator collaborations and digital storytelling, we hope to encourage people to reflect on what matters most to them and recognise that every aspiration represents a future worth pursuing. At CTF Life, we are committed to walking alongside our customers through every life stage across our four brand pillars of Wellbeing, Growth, Health and Wealth, helping them pursue their aspirations with confidence by providing the right support along the way.”The campaign also includes a tram-shelter advertisement on Paterson Street in Causeway Bay, extending the activation into one of Hong Kong’s busiest districts. A series of promotional videos featuring influencers, CTF Life Planner, and other members of the community, each representing different life stages and perspectives, will further support post-launch awareness. Through personal stories spanning childhood curiosities, evolving ambitions and creative passions, the videos illustrate that aspirations do not follow a single path. Instead, they show how encouragement, preparation and support can help turn them into possibilities. Through digital and social media storytelling, these relatable journeys will invite audiences across the city to reflect on their own aspirations and the people who help make them possible.In a city that is always in motion, the “Aspiration Ride” offers a gentle reminder that it is worth looking up from the journey and remembering what set it in motion. Aspirations may differ in scale and destination, but each represents a meaningful reason to keep moving forward. Through the campaign, CTF Life aims to spark conversations on how aspirations evolve throughout life, and to encourage people to pursue them with confidence, knowing they are supported every step of the way.CTF Life’s Marketing Director Ruby Kwan hopes the “Aspiration Ride” can encourage people to reflect on what matters most to themCTF Life’s management team also added their own aspirations to the tram exteriorCTF Life’s management team officiates the ribbon-cutting ceremony to mark the official launch of the “Aspiration Ride”“Aspiration Ride” commences its citywide journey with over 100 aspirations submitted through CTF Life’s social media platforms Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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U.S. Polo Assn. Marks Continued Success as Title Sponsor of the 2026 Pacific Coast Open ACN Newswire

U.S. Polo Assn. Marks Continued Success as Title Sponsor of the 2026 Pacific Coast Open

SANTA BARBARA, CA, Sept 3, 2026 - (ACN Newswire via SeaPRwire.com) - U.S. Polo Assn.®, the official sports brand of the United States Polo Association (USPA), celebrated the conclusion of the 2026 U.S. Polo Assn. Pacific Coast Open, held August 14-30 at the renowned Santa Barbara Polo & Racquet Club in Carpinteria, California. As one of the oldest polo tournaments in the world and the most prestigious championship in the Western United States, the Pacific Coast Open once again delivered world-class competition while highlighting the enduring connection between sport, style, and community.2026 U.S. Polo Assn. Pacific Coast Open Winners, Klentner Ranch, on stage with trophy; Photo Credit: Michelle LaurenThis year marked the second time U.S. Polo Assn. served as Title Sponsor of the Pacific Coast Open and the ninth consecutive year partnering with the Santa Barbara Polo & Racquet Club as Official Apparel Brand and Stadium Sponsor. The longstanding relationship reflects the brand's authentic connection to the sport of polo and its ongoing commitment to supporting the sport at every level, from elite competition and player development to fan engagement and community impact."The Pacific Coast Open represents the history, competitive excellence, and strong sense of community that define the sport of polo," said Tim Kelly, Chairman of the United States Polo Association. "Through the continued support of U.S. Polo Assn. and the commitment of the Santa Barbara Polo & Racquet Club, this championship provides an important stage for exceptional players and horses while introducing more fans to the excitement and traditions of our sport."Founded in 1908, the Pacific Coast Open remains a coveted event in the sport of polo and a fixture on the international polo calendar. Set against the backdrop of California's coastline, the tournament brought together talented players, passionate spectators, and longtime supporters for more than two weeks of high-goal competition at one of polo's most esteemed venues.U.S. Polo Assn. Pacific Coast Open | At a GlanceTournament: U.S. Polo Assn. Pacific Coast OpenDates: August 14-30, 2026Location: Santa Barbara Polo & Racquet Club, Carpinteria, CaliforniaSignificance: One of the oldest polo tournaments in the world and the most prestigious championship in the Western United StatesU.S. Polo Assn. Role: Title Sponsor, Official Apparel Brand and Stadium SponsorPartnership Milestone: Nine consecutive years partnering with Santa Barbara Polo & Racquet Club, two consecutive years as Title Sponsor for Pacific Coast OpenChampionship Matchup: La Karina (Brian Boyd (0), Carlos ‘Carlitos' Gracida Jr. (4), Felipe ‘Pipe' Vercellino (8), Lucas Escobar (5), SUB: Iñaki Wulff (0) vs. Klentner Ranch (Jake Klentner (2), Ignacio ‘Nachi' Viana (7), Jesse Bray (7), Justin Klentner (1)Champion: Klentner RanchFinal Score: 16-9Most Valuable Player: Ignacio ‘Nachi' Viana (Klentner Ranch)Best Playing Pony: Dolfi CautivadoraCharity Beneficiary: Polo Training Center Santa Barbara (La Karina) and The Horse Project (Klentner Ranch)Game Highlights: Klentner Ranch set the pace early, seizing control of the U.S. Polo Assn. Pacific Coast Open final with a commanding first-half performance. La Karina mounted a spirited fifth-chukker comeback, cutting the lead to just two goals, but Jesse Bray answered aboard Best Playing Pony Dolfi Cautivadora to swing the momentum back to Klentner Ranch. The team then erupted for five goals in the sixth chukker, powering to a decisive 16-9 championship victory.Action on the U.S. Polo Assn. Stadium between teams La Karina and Klentner Ranch for the 2026 U.S. Polo Assn. Pacific Coast Open at the Santa Barbara Polo & Racquet Club; Photo Credit: Michelle Lauren2026 U.S. Polo Assn. Pacific Coast Open Runner-Up, La Karina, on stage accepting the charity check donation to Polo Training Center Santa Barbara; Photo Credit: Michelle LaurenBeautiful U.S. Polo Assn. Pacific Coast Open attendees on the field during the iconic divot stomp; Photo Credit: Michelle Lauren"The U.S. Polo Assn. Pacific Coast Open is one of the great championships in our sport, steeped in history and respected by players and fans around the world," said J. Michael Prince, President and CEO of USPA Global, the company that manages the multi-billion-dollar U.S. Polo Assn. brand. "Our continued partnership with the Santa Barbara Polo & Racquet Club and title sponsorship of this iconic tournament allows us to celebrate the sport's West Coast heritage while creating memorable experiences that connect people to the game in an authentic way."Throughout the tournament, U.S. Polo Assn. enhanced the fan experience with official Pacific Coast Open event merchandise available at the Santa Barbara Polo & Racquet Club Boutique and online at www.uspashop.com. The brand also introduced guests to Divot Stomp™, U.S. Polo Assn.'s refreshing signature cocktail featured during Sunday matches, while celebrating America's 250th Anniversary with special red, white, and blue cap giveaways during the traditional on-field divot stomp for fans.In addition, U.S. Polo Assn. brought its award-winning global campaign, The Polo Shirt: An Icon Born From The Game™, to life through a large-scale inflatable polo shirt installation at the club entrance. The activation served as a visual reminder of the brand's authentic roots in the sport and its position as the only globally recognized sports brand inspired directly by the game of polo.On the field, the tournament featured an impressive roster of players of the sport's most accomplished competitors, such as Pipe Vercellino (8-goal), Nachi Viana (7-goal), Jesse Bray (7-goal), Nico Escobar (6-goal), and Lucas Escobar (5-goal), to name a few.Beyond the competition, U.S. Polo Assn. continued its commitment to supporting the broader polo community through charitable giving. During the final awards ceremony, the brand made donations on behalf of the finalists to local polo and equine organizations, The Horse Project Santa Barbara, and Polo Training Center Santa Barbara, alongside a separate donation to Hearts Therapeutic Equestrian Center, helping support programs that promote education, horsemanship, therapeutic riding, and access to the sport."Year after year, the Pacific Coast Open showcases the very best of our sport, and U.S. Polo Assn. continues to be an invaluable partner in helping us elevate the experience for both players and spectators," said Henry Walker, President of the Santa Barbara Polo & Racquet Club. "Our 115-year commitment to the sport and Santa Barbara has been unwavering, and the contributions to our communities and the prestige we bring cannot be measured."As another successful U.S. Polo Assn. Pacific Coast Open season comes to a close, the tournament continues to reinforce its place as a defining championship in the sport and a celebration of polo's enduring traditions. Through its ongoing investment in the game, its players, and its communities, U.S. Polo Assn. remains committed to advancing the sport while creating meaningful experiences for fans around the world.About U.S. Polo Assn. and USPA GlobalU.S. Polo Assn. is the official sports brand of the United States Polo Association (USPA), the largest association of polo clubs and polo players in the United States, founded in 1890. With a multi-billion-dollar global footprint and worldwide distribution through more than 1,200 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide. U.S. Polo Assn.'s Global Polo Shirt Campaign, An Icon Born from the Game, is a powerful tribute to the iconic polo shirt's authentic sports origins and its evolution into one of the world's most enduring style essentials.The global sport brand sponsors major polo events around the world, including the U.S. Open Polo Championship®, held annually at NPC in The Palm Beaches, the premier polo tournament in the United States. Historic deals with ESPN in the United States, TNT and Eurosport in Europe, Star Sports in India, and BeIn Sports in the Middle East now broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., making the thrilling sport accessible to millions of sports fans globally for the very first time.U.S. Polo Assn. has recently been named one of USA Today's Most Trusted Brands and in 2026 was ranked the top sports licensor in the world, surpassing the NFL, PGA Tour, and Formula 1, according to License Global. The sport-inspired brand has been recognized internationally with awards for global growth and sport content. Due to its tremendous success as a global brand, U.S. Polo Assn. has been featured in Fortune, Forbes, Modern Retail, and GQ, as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world. For more information, visit uspoloassnglobal.com and follow @uspoloassn.USPA Global is a subsidiary of the United States Polo Association (USPA) and manages the multi-billion-dollar sports brand, U.S. Polo Assn. USPA Global also manages the subsidiary, Global Polo, which is the worldwide leader in polo sport content. To learn more, visit globalpolo.com or Global Polo on YouTube.For Further Information, Contact:Stacey Kovalsky - VP, Global PR & CommunicationsPhone +001.561.790.8036E-mail: skovalsky@uspagl.comShannon Stilson - VP, Sports Marketing & MediaPhone +001.561.227.6994E-mail: sstilson@uspagl.comSOURCE: USPA Global Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Xunce Technology Launches TokenCloud, Redefining the Value of Computing Power Through Full-Chain AI Infrastructure and Securing a Leading Position in the Token Economy Era ACN Newswire

Xunce Technology Launches TokenCloud, Redefining the Value of Computing Power Through Full-Chain AI Infrastructure and Securing a Leading Position in the Token Economy Era

HONG KONG, Sept 3, 2026 - (ACN Newswire via SeaPRwire.com) - On September 3, Xunce Technology (3317.HK) officially launched the TokenCloud all-in-one AI model training and deployment computing power platform. As the hardware resources and infrastructure that facilitate the conversion of data resources into tokens, TokenCloud builds a four-tier, synergistic ecosystem based on heterogeneous computing devices, powered by mainstream algorithmic models, fueled by multi-source internal and external data, and serving vertical industry clients. It is dedicated to establishing a full-chain value pathway from data to tokens, enabling every piece of data to securely and efficiently unlock its intelligent value, and helping industries across the board transform data resources into genuine AI productivity.The launch of TokenCloud marks Xunce Technology’s formal establishment of a full-chain product closed-loop encompassing “computing power—data—tokens—models—applications.” This achievement signifies a leap from a “digital foundation” to an “AI productivity platform,” securing a strategic vantage point in the token economy era while providing the industry with a model for AI infrastructure that bridges the entire “data-to-token” value chain.Building a Scenario-Driven, End-to-End Closed Loop to Provide Out-of-the-Box AI InfrastructureAs enterprise AI applications shift from “proof of technical feasibility” to “competition in engineering efficiency,” systemic challenges—such as computing power shortages, difficulties in model selection, hardware compatibility issues, challenges in optimized deployment, and significant security concerns—are becoming the biggest bottlenecks hindering AI implementation.TokenCloud was created precisely to address these pain points. Positioned as the core “hardware and energy foundation” at the upstream of the token industry chain, it adheres to the principle of “ensuring every unit of computing power precisely serves every enterprise AI scenario.” It has built a complete closed-loop process spanning “scenario identification → model selection → hardware matching → training optimization → secure delivery.” Based on business scenarios and tasks, it intelligently recommends the optimal model and matches it with the most suitable hardware. It then uses distillation optimization to enable lightweight, “specialized” models to achieve accelerated inference with high accuracy, all the way through to secure delivery. With each step seamlessly linked, it provides enterprise customers with out-of-the-box AI infrastructure.In terms of product design, TokenCloud adopts a “full-chain visualization” philosophy, integrating the previously disparate processes of model selection, computing power configuration, security management, and cost assessment in AI deployment into a unified decision-making platform. Comprising five core modules—solution selection, model distillation, data security management, computing power acceleration, and computing resource management—this platform shifts enterprise AI deployment from “rule-of-thumb” approaches to “data-driven decision-making.” It ensures that the return on investment for every computing power allocation is clearly quantifiable, achieving a dynamic balance among performance, cost, and security.Four Core Capabilities Build Competitive Barriers and Enable Deep Synergy Between Models and Computing PowerThe actual value of a token is determined by four key metrics: first-character latency, generation speed, concurrent processing capacity, and service stability. Through Hardware-Software Co-Optimization, TokenCloud enables the large-scale supply of high-quality tokens—ensuring that every piece of data unleashes its maximum token value through the optimal combination of models and hardware.Specifically, TokenCloud has established industry-leading technological barriers through four core capabilities: a heterogeneous hardware platform, Cloud-Edge Collaboration Architecture, model evaluation and optimization, and secure isolation:Heterogeneous Hardware Platform—Integrates diverse computing resources such as GPUs, NPUs, FPGAs, and CPUs to enable unified management and intelligent scheduling across architectures. It supports full-scenario coverage ranging from hundreds to tens of thousands of cards, abstracting underlying, disparate hardware resources into unified computing units.Cloud-Edge Synergy Architecture—Establishes a hybrid deployment model combining “cloud computing power and on-premises computing power,” enabling elastic scaling to handle large-scale training and high-concurrency inference while ensuring that enterprises’ raw data remains within secure domains. This allows enterprises to enjoy cloud computing power while maintaining full data sovereignty at all times.Model Evaluation and Optimization System—Establishes a comprehensive evaluation framework covering foundational capabilities, scenario adaptation, engineering optimization, and ecosystem value. It supports task-specific distillation optimization, transferring the core capabilities of large models to lightweight scenario-specific models, thereby significantly reducing inference latency and hardware costs while maintaining high accuracy.Of particular importance is computing power acceleration—while chip computing power continues to rise, actual effective throughput remains far below theoretical peak values. Through end-to-end acceleration capabilities, TokenCloud significantly reduces first-token latency and enhances concurrent processing capacity, transforming acceleration cards from “waiting for computation” to “continuous computation.” This enables enterprises to support larger business volumes without additional hardware, achieving the optimal balance between accuracy, speed, cost, and deployment efficiency, and enabling the large-scale supply of high-quality tokens.Security Isolation Mechanism—We build a multi-layered security protection system where data visibility is tiered and data flow is fully traceable throughout its entire journey. Highly sensitive data is 100% locked within the enterprise’s local security domain, with a three-pronged approach combining multi-tenant isolation, encrypted transmission, and access control.Unlike simple computing power rental platforms or model service platforms on the market, TokenCloud achieves deep synergy between models and computing power—the platform centrally determines the degree of model distillation and the hardware for deployment, ensuring the optimal balance of accuracy, speed, cost, and efficiency. It provides enterprise customers with a comprehensive, one-stop service solution—from model selection and hardware matching to distillation optimization—covering the entire “computing power—data—Token—model—application” chain to accelerate the implementation of enterprise AI.Software and Hardware Synergy Closes the Full-Path Loop; Full-Stack AI Products Accelerate Industry AdoptionThe launch of TokenCloud has enabled Xunce Technology’s full-path product ecosystem to form a complete commercial loop. Previously, the company had introduced the world’s first TokenOS operating system; the two systems have clearly defined roles and operate in synergy.TokenOS focuses on data capabilities, transforming enterprises’ multi-source, heterogeneous data into standardized scenario-based Tokens in real time, thereby addressing the issue of “data usability.” TokenCloud focuses on model training and deployment, as well as “data + model” integration capabilities. It integrates computing power scheduling, model inference optimization, and the refinement, tuning, and orchestration of enterprise-level small models, bridging the entire chain from data ingestion to application deployment and providing hardware service support for Token generation.Through this synergy between software and hardware, combined with the underlying AIDP data resource processing service system and the top-level TokenRouters model outcomes service and scenario integration and exchange center, the two solutions together form a complete “computing power—data—Token—model—application” closed-loop ecosystem. This enables enterprises to significantly reduce deployment costs and improve matching efficiency through the synergy of computing power, data, and models. Xunce Technology has also undergone a comprehensive upgrade from an AI real-time data infrastructure service provider to an integrated AI-to-B infrastructure service provider.Furthermore, Xunce Technology has partnered with multiple domestic GPU manufacturers to focus on the integration of “computing power and data.” As the localization of the full AI stack enters the stage of systematic engineering optimization, TokenCloud has become a key hub connecting domestic heterogeneous computing power with enterprise AI applications, offering significant strategic value within the ecosystem.Currently, the company has expanded into eleven high-value industries, including finance, telecommunications, power, energy, high-end manufacturing, biomedicine, robotics training, commercial space, urban operations, the low-altitude economy, and smart vehicles. In the first half of 2026, the Token business model was successfully implemented in high-value scenarios such as biomedicine, energy dispatch, and industrial quality inspection, laying the groundwork for cross-industry replication.The ultimate goal of computing power is not to simply stack chips, but to ensure that every piece of data can be securely and efficiently converted into token value. As AI transitions from the “model competition” phase to the “deployment competition” phase, enterprises need not isolated computing power or isolated models, but rather an integrated infrastructure capable of combining computing power, data, and models to truly adapt to enterprise business scenarios. Positioned as an integrated AI infrastructure, TokenCloud enables computing power to serve models, models to serve scenarios, and scenarios to generate value, thereby laying a solid computing power foundation for the AI transformation of China’s myriad industries. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Garuda Indonesia Offers 170,000 Free Domestic Seats for Travellers Flying From 10 Countries ACN Newswire

Garuda Indonesia Offers 170,000 Free Domestic Seats for Travellers Flying From 10 Countries

JAKARTA, Sept 3, 2026 - (ACN Newswire via SeaPRwire.com) - Garuda Indonesia is offering 170,845 domestic roundtrip seats at no additional fare to eligible international passengers flying to Indonesia from 14 origin cities across 10 countries, as the national flag carrier seeks to encourage travellers to extend their journeys beyond the country’s main international gateways.Available for travel from 1 August to 30 November 2026, the Free Domestic Flight program connects Garuda Indonesia’s international network with destinations across the archipelago, allowing eligible passengers holding roundtrip international tickets to Indonesia to add a domestic roundtrip journey as part of their itinerary.Carrying the spirit of #DiscoverMoreIndonesia, the initiative is designed to encourage international arrivals to visit more than one destination during a single trip, supporting longer stays and a wider distribution of tourism spending beyond major gateways such as Jakarta and Denpasar.The program also provides additional connectivity for members of the Indonesian diaspora, Indonesian migrant workers and Indonesian citizens returning from overseas who wish to continue their journeys to their home regions or other destinations across the country.Garuda Indonesia Marketing Group Head Prina Eka Putri said the initiative strengthens Indonesia’s travel proposition by combining the airline’s international reach with the breadth of its domestic network.“Indonesia offers far more than a single destination. By making onward domestic travel easier, we want international travellers to stay longer, explore more regions and experience more of what Indonesia has to offer,” Prina said.She added that the integration of international and domestic connectivity provides Garuda Indonesia with a differentiated proposition as regional destinations compete for international visitor traffic.“The proposition is simple: come to Indonesia, then discover more of Indonesia. Our network allows us to make that journey increasingly seamless and valuable for travellers,” she said.Garuda Indonesia Southeast Asia Branch Manager and Head of the Free Domestic Flight Project Management Office Agny Gallus Pratama said the allocation of more than 170,000 seats was designed to increase the potential economic value generated by each international arrival.“The opportunity is not only to bring more travellers into Indonesia, but to enable each arrival to reach more destinations,” Gallus said. “When visitors travel further and stay longer, the economic impact can extend to hotels, restaurants, local transportation, tourism operators and MSMEs across the regions.”By connecting international traffic more directly with its domestic network, Garuda Indonesia expects the program to help disperse visitor flows and tourism spending more widely across Indonesia.The initiative also supports the airline’s competitiveness in international markets by leveraging the breadth of its domestic network to offer travellers easier access to multiple destinations within a single Indonesia itinerary.Through this international-to-domestic connectivity, Garuda Indonesia aims to create greater value from each international arrival while enabling more destinations and local tourism ecosystems to benefit from the movement of international travellers.Further information on eligibility, booking procedures, participating flights, travel periods, available routes and terms and conditions is available through Garuda Indonesia’s official Free Domestic Flight webpage.PT GARUDA INDONESIA (PERSERO) TbkCORPORATE COMMUNICATIONSMedia Contact:corpcomm@garuda-indonesia.comWebsite: garuda-indonesia.com | Instagram: @garuda.indonesia Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Walking Together with Love, Passing the Torch for Four Decades – Savills Hong Kong Officially Launches New ‘Savills Volunteer Team’ ACN Newswire

Walking Together with Love, Passing the Torch for Four Decades – Savills Hong Kong Officially Launches New ‘Savills Volunteer Team’

HONG KONG, Sept 3, 2026 - (ACN Newswire via SeaPRwire.com) - International real estate firm Savills Hong Kong is celebrating the historic milestone of its 40th anniversary this year. Over the past four decades, Savills has witnessed and driven the dynamic development of Hong Kong’s urban landscape. Building on its legacy while staying true to its original mission, the Company has resolved to give back to society through concrete actions that are both meaningful and heartfelt. On the eve of its 40th anniversary celebrations, the Company is proud to announce the official launch of the new “Savills Volunteer Team”, calling on all colleagues to take action and extend their professional expertise to every corner of the community in need of care, thereby marking a truly moving and meaningful beginning to this momentous occasion.Harnessing Colleagues’ Enthusiasm to Establish Volunteer Team and Demonstrate Great CompassionSavills firmly believes that a company’s success lies not only in its business achievements, but also in its commitment to and care for society. Coinciding with this important milestone of the Company’s 40th anniversary, the establishment of the volunteer team represents a shared commitment across the organisation to turn its corporate culture of “caring for the community and giving back to society” into a continuous stream of concrete actions. Through this volunteer platform, colleagues are encouraged to step outside the office and connect with, listen to and support vulnerable groups from all walks of life, spreading warmth and hope to the community.First Stop: Partnering with “MercyHK” to Support People Experiencing Homelessness and Those in RecoveryShortly after its establishment, the volunteer team launched its first meaningful community service initiative. Recently, a group of Savills volunteers gathered at the “MercyHK Centre” to share a meal and engage in heartfelt conversations with people experiencing homelessness, those in drug rehabilitation, and other members of the community in need. Through heartfelt conversations, the volunteers gained a deeper understanding of their needs and provided holistic support covering physical, mental, social and spiritual well-being. During the event, one guest courageously shared their personal journey of recovery from drug addiction. Their honest account deeply moved everyone present, giving the volunteers a profound appreciation of the importance of companionship and showing genuine care in helping people rebuild their lives.After taking part in the activity, Ms Catharine Luo from the Investment Department shared: “This event reminded me just how meaningful it is to keep showing up for others. These moments don't just fill your time; they fill your heart and change your outlook on life. I was deeply moved by the participants’ sincere stories. Their experiences made me reflect on how fragile life can become when everything falls apart, and how powerful it is when someone finds their way again. One piece of advice in particular has stayed with me: ‘Approach others with genuine care, let them know you want to understand them, and gently remind them that life still holds so many possibilities – and perhaps the best is yet to come’.” This sense of human connection lies at the very heart of why the volunteer team was established.Extending Love to Furry Friends: Visiting “House of Joy and Mercy” to Protect Animal LivesThe spirit of care did not stop there. The following week, the Savills volunteer team gathered once again to visit “House of Joy and Mercy”, where they took part in an on-site cleaning activity and spent time with the abandoned and stray cats at the centre. Through hands-on cleaning and interaction, the volunteers offered practical care and warmth to the animals. After the activity, Mr Ken Hung from the Investment CEO Office shared his thoughts: “In fact, many cats aren’t born as strays; most come from illegal breeding farms. Once they lose their value for breeding or profit, people abandon them without a second thought.” He urged the public to pay greater attention to this issue, emphasising: “Every life deserves respect and kindness. Simply by spending time with them and showing them care, I’ve been able to bring warmth to their lives. It also reminds me to treat animals with a more responsible and caring attitude.” His words echoed the sentiments of all the volunteers – every life, just like ours, has value and emotions, and deserves to be loved and respected.Reaching Out to Down Syndrome and Autism Communities to Promote an Inclusive and Equal SocietyThe Savills volunteer team’s community care initiatives continue. On 5 September, the volunteer team will be out in force again, partnering with the charitable organisation Love 21 Foundation to offer care and support to people with Down syndrome and autism. At the event, volunteers will engage with participants through sports, nutrition and a variety of activities, helping people of all abilities feel accepted and cared for by society. This collaboration marks a further extension of the Savills volunteer team’s services to various vulnerable communities, putting its commitment into action to promote an equal and inclusive society.A New Beginning for the 40th Anniversary: Creating Sustainable Social ImpactThe 40th anniversary is not only a tribute to past achievements, but also a starting point for looking ahead and beginning a new chapter. Through the official launch of its volunteer team, Savills Hong Kong has set the stage for its upcoming 40th anniversary celebrations in a deeply meaningful way. Going forward, the Company will continue to deepen its corporate social responsibility strategy, leverage its influence as an industry leader, and promote a broader range of charitable and community care initiatives. By working together with its colleagues, clients and members of the wider community, Savills Hong Kong aims to create lasting value and positive change for Hong Kong.About SavillsFor over 170 years, Savills has been helping people thrive through places and spaces. Listed on the London Stock Exchange, we have more than 42,000 professionals collaborating across over 70 countries, delivering unrivalled coverage and expertise to the world of commercial and prime residential real estate. By applying world research data and trends to local and global settings, we’re able to empower our clients with insights from the forefront of the industry – bringing their aspirations to life through innovative, tailor-made solutions. Whether we are working with a global corporate looking to expand, an investor seeking to sustainably optimise their portfolio, or a family trying to find a new home, we help our clients make better property decisions. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Surging AI Short Drama Revenue Propels Duiba Group to the Top among HK-listed Peers ACN Newswire

Surging AI Short Drama Revenue Propels Duiba Group to the Top among HK-listed Peers

HONG KONG, Sept 3, 2026 - (ACN Newswire via SeaPRwire.com) - IntroductionAccording to Duiba Group’s interim results for the six months ended June 30, 2026, its AI short drama business has generated revenue of RMB 223 million since its launch in January, accounting for 51.2% of the company’s total revenue. Fueled by this powerful new growth engine, the company recorded total revenue of RMB 435 million, up 24.3% year on year. Its gross profit rose 30% year on year to RMB 74.54 million, with the gross profit margin improving to 17.1%, while the loss narrowed 5.2% year on year to RMB 25.33 million. Overall, the company demonstrated strong momentum in both revenue growth and profitability improvement.RMB 40 Billion Size and 600 Million Users: the AI Short Drama Market is Entering the Era of “Industrial Revolution”In recent years, the AI short drama business has emerged as one of the few segments in the content industry witnessing high incremental growth. According to the latest research report from Zhongtai Securities, a leading Chinese securities firm, the overall AI short drama market size is expected to exceed RMB 40 billion in 2026, representing growth of more than 138% year on year, with the core and general user base expanding to exceed 600 million in the first six months. Content supply is also increasing at a remarkable pace. In the first half of the year, 222,000 AI short dramas were released on Douyin, the Chinese version of TikTok, generating more than 515.7 billion incremental views.Yet the sheer volume of content also means intensifying competition. In the first six months of the year, only 0.48% of newly released AI short dramas on Douyin became viral hits that garnered over 100 million views. This suggests that content creation is no longer the sole decisive competitive advantage; success increasingly depends on a company’s ability to combine “AI industrialization, traffic algorithms and commercialization”.This is precisely the core advantage that has enabled Duiba Group to rise to the top among Hong Kong-listed peers in such a short time since tapping into the AI short drama market.Real Value in Performance Data: High Growth and Strong SustainabilityFor investors, operating data remains the ultimate indicator of whether a company can sustain growth throughout an industry cycle.According to Duiba Group’s interim results, the company released 74 hit dramas that each generated over 10 million views, including 13 with over 100 million views. Six new hit dramas with over 100 million views were launched in a single month, and the highest views for a single drama exceeded 1.04 billion. Moreover, business revenue in June more than doubled month on month.These figures suggest that Duiba Group’s growth is not dependent on a handful of breakout titles or temporary traffic spikes but stems from its simultaneous enhancement of content generation and supply efficiency, as well as commercialization efficiency. Its performance demonstrates the strong growth potential and sustainability of the AI short drama business model.For Duiba Group, the AI short drama business is no longer an exploration of a single business for incremental growth. It is reshaping the company’s overall business structure and also serving as a critical factor in how investors assess the company’s future value.Core Competitive Moats: Dominant Advantage with Advertising Traffic Expertise and Transformation Powered by Full-chain AI IndustrializationMore than 360,000 short and mini dramas went online in the first half of 2026, representing an elevenfold increase over the full year of 2025. Against this backdrop of explosive content supply, the channel distribution capability has become a critical factor shaping the landscape of industry competition. Duiba Group’s rapid rise has been underpinned by its decade-long expertise in traffic operations and its strength in advertising systems.First, its deep-rooted expertise in advertising traffic operations provides an overwhelming advantage in channel distribution. With years of experience in the Internet and digital advertising industry, Duiba Group has built mature infrastructure and core capabilities spanning traffic operations, advertising systems and data algorithms. Upon entering the AI short drama market, the company has rapidly leveraged these capabilities across distribution and commercialization. By analyzing user preferences with data and enhancing distribution efficiency through algorithms, it can feed market insights back into content production, creating an evolving cycle of content generation, distribution and monetization, as well as iteration and optimization.Second, full-chain AI industrialization reshapes content production efficiency. Rather than merely applying AI to a single stage of production, Duiba Group has integrated the power across the entire workflow, covering theme selection, planning, scriptwriting, character development, scene generation, video production and final quality control of finished productions. This turns the traditional creative process, which relies heavily on human creative experience, into a standardized, intelligent and scalable production system. It has therefore established a brand new production paradigm for the content industry—one that can produce hit dramas repeatedly with extreme efficiency. In the first six months of the year, Duiba Group released 74 hit dramas with over 10 million views, 13 of which surpassed 100 million views. This serves as solid evidence of the company’s ability to produce hit dramas repeatedly—hit dramas are less a matter of chance than the stable output of a robust industrialization system. In addition, combining its channel distribution strength, Duiba Group has fully leveraged traffic distribution to maximize total commercial returns.Advertising expertise enhances traffic and commercialization efficiency, while AI industrialization boosts content supply efficiency. Leveraging its unique mastery of traffic operations and, more importantly, industrialization, Duiba Group has outclassed traditional content companies in both efficiency and precision of content production. Furthermore, by deeply embedding AI throughout the entire value chain, Duiba Group has been driving a fundamental shift in the AI short drama sector since its entry. Going forward, the competition will no longer center on who can produce the next breakout hit the fastest, but on the capacity to consistently deliver high-quality content that can be monetized at large scale, at lower marginal costs and faster iteration speed. That is to say, the AI short drama sector is transitioning from “chance-based creation” to a “predictable system.”ConclusionDuiba Group is continuously strengthening its full-chain AI industrialization system and leveraging economies of scale. As AI continues to reshape the content industry, the company is pioneering a new development paradigm that could bring ultimate efficiency, end-to-end commercialization and sustainable growth. As a top AI short drama player among Hong Kong-listed companies, Duiba Group is well positioned to further expand its business scale, strengthen its core competitive moats and capture the benefits of large-scale operations—and to achieve overall profitability milestones in the near future. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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CENTRESTAGE ELITES presents KIT WAN STUDIOS, A star-studded fashion extravaganza features sci-fi aesthetics with over 30 new creations ACN Newswire

CENTRESTAGE ELITES presents KIT WAN STUDIOS, A star-studded fashion extravaganza features sci-fi aesthetics with over 30 new creations

HONG KONG, Sept 3, 2026 - (ACN Newswire via SeaPRwire.com) - Organised by the Hong Kong Trade Development Council (HKTDC) and sponsored by the Cultural and Creative Industries Development Agency (CCIDA) of the Hong Kong Special Administrative Region (HKSAR) Government, CENTRESTAGE, Asia’s annual premier fashion event and a flagship programme of the third edition of Hong Kong Fashion Fest, takes place at the Hong Kong Convention and Exhibition Centre (HKCEC) from 2 to 5 September 2026. As a dazzling focal point of the fair, the opening gala CENTRESTAGE ELITES took centre stage tonight in the Grand Hall at HKCEC. Seamlessly weaving artistic creation into fashion design, the show presented a runway pulsating with futuristic and sci-fi aesthetics, set against the Victoria Harbour backdrop.KIT WAN STUDIOS, a multidisciplinary design studio spearheaded by Hong Kong-born visual artist Kit Wan, presents its solo fashion show in Hong Kong.This year, the grand opening fashion show, CENTRESTAGE ELITES, put the spotlight on KIT WAN STUDIOS, a multidisciplinary design and visual arts studio led by Kit Wan, a Hong Kong-born creative director and visual artist. The studio’s collaborative roster of local artist is formidable, encompassing Miriam Yeung, Hins Cheung, MC Cheung, and Panther Chan. Designing “stage armour” for artists in Los Angeles at the Grammy Awards and Eurovision in the United Kingdom allow Hong Kong design to shine on a global stage. Over 30 brand-new looks made their debut on the CENTRESTAGE ELITES runway, with select pieces displayed at the fairground throughout the fair (Booth No.: 3D-D06).Rosanna Law, Secretary for Culture, Sports and Tourism of the HKSAR Government (sixth from left); Prof Frederick Ma, Chairman of the HKTDC (sixth from right); visual artist Kit Wan (fifth from left); Sophia Chong, Executive Director of the HKTDC (fourth from left); Katherine Fang, Chairman of the HKTDC Garment Advisory Committee (fifth from right); Dr Peter Lam, HKTDC Council Member (third from left); Shirley Chan, HKTDC Council Member (second from left); Sunny Tan, Legislative Council member (fourth from right); Drew Lai, Commissioner for Cultural and Creative Industries (third from right); Smilely Lam, Associate Executive Director of the HKTDC (second from right) alongside models, graced the CENTRESTAGE ELITES opening fashion show.Rosanna Law, Secretary for Culture, Sports and Tourism of the HKSAR Government, graced CENTRESTAGE ELITES as the Guest of Honour. A constellation of celebrities, artists, fashion heavyweights, and style enthusiasts also gathered to support the event. The After Party further elevated the night with live performances by renowned Hong Kong electronic musician hirsk and Belgian model and musician Kim Peers. Adding to the allure, a dedicated exhibition zone was set up at the venue, showcasing 7 iconic stage costumes previously designed by KIT WAN STUDIOS for artists like Hins Cheung and Miriam Yeung, highlighting the studio’s deep ties with Hong Kong’s music scene.CENTRESTAGE opens its doors to both industry professionals and the public free of charge for four consecutive days. The fair features a kaleidoscope of over 40 captivating events, including more than 30 runway shows and parades. Local, Chinese Mainland and overseas visitors are warmly welcomed to experience the boundless charm of Asia's fashion capital. On Friday (4 September), Kit Wan will personally attend the fair for a dialogue with Dan Hastings, Editor of The Business of Fashion to share his insights on creative inspiration and his journey in expanding the brand into overseas markets.Tonight, the Organiser specially arranged to livestream this fashion extravaganza across multiple official pages and online platforms. To relive the spectacular ELITES performance, please visit the following links:CENTRESTAGE Website: https://www.hktdc.com/event/centrestage/en/livestreamCENTRESTAGE Instagram: https://www.instagram.com/centrestage_hktdcHKTDC Exhibition Channel Facebook Page: https://www.facebook.com/share/v/1AAMjms6eB/?mibextid=wwXIfrHKTDC YouTube Channel: https://www.youtube.com/live/dsECvOgiYNE?si=0OLm1S_9hXhjLiYIPhoto download: https://bit.ly/4zS9rXgKIT WAN STUDIOS, a multidisciplinary design studio spearheaded by Hong Kong-born visual artist Kit Wan, presents its solo fashion show in Hong Kong.Rosanna Law, Secretary for Culture, Sports and Tourism of the HKSAR Government (sixth from left); Prof Frederick Ma, Chairman of the HKTDC (sixth from right); visual artist Kit Wan (fifth from left); Sophia Chong, Executive Director of the HKTDC (fourth from left); Katherine Fang, Chairman of the HKTDC Garment Advisory Committee (fifth from right); Dr Peter Lam, HKTDC Council Member (third from left); Shirley Chan, HKTDC Council Member (second from left); Sunny Tan, Legislative Council member (fourth from right); Drew Lai, Commissioner for Cultural and Creative Industries (third from right); Smilely Lam, Associate Executive Director of the HKTDC (second from right) alongside models, graced the CENTRESTAGE ELITES opening fashion show. KIT WAN STUDIOS presents the ‘MUTANT // MYTHOLOGY’ Fashion ShowChristina ChungKim PeersAnouck Lepère Live performances at CENTRESTAGE ELITES After Partyhirsk Celebrities at CENTRESTAGE ELITESPhoto download (updating in real time): https://bit.ly/4iFpUIfSiu YeaHedwig TamFish Liew CENTRESTAGE: https://www.hktdc.com/event/centrestage/enCENTRESTAGE buyer online registration: https://bit.ly/4xydTctCENTRESTAGE Instagram: https://www.instagram.com/centrestage_hktdc/?hl=tcFashion Hong Kong: https://www.fashionhongkong.com/Hong Kong Young Fashion Designers' Contest (YDC): https://www.fashionally.com/en/ HKTDC’s Communications & Public Affairs Department:Katy WongTel: (852) 2584 4524Email: katy.ky.wong@hktdc.orgJane CheungTel: (852) 2584 4137Email: jane.mh.cheung@hktdc.orgHKTDC Newsroom: https://mediaroom.hktdc.com/enAbout 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. Follow us on @hktdc and LinkedInAbout Cultural and Creative Industries Development Agency (CCIDA)The Cultural and Creative Industries Development Agency (CCIDA), formerly known as Create Hong Kong (CreateHK) since 2009, was established in June 2024. CCIDA is a dedicated office under the Culture, Sports and Tourism Bureau of the Government of the Hong Kong Special Administrative Region (HKSAR Government) to provide one-stop services and support to the cultural and creative sectors with a mission to foster a conducive environment in Hong Kong to facilitate development of the arts, culture and creative sectors as industries. CCIDA’s strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting cross-sectoral and multi-disciplinary collaboration, promoting industrialisation of the arts, culture and creative sectors under the industry-oriented principle, and fostering a creative atmosphere in the community, thereby reinforcing Hong Kong as Asia’s creative capital and our positioning as the East-meets-West centre for international cultural exchange.About Hong Kong Fashion FestAnnounced by the Hong Kong Special Administrative Region Chief Executive in the 2023 Policy Address, "Hong Kong Fashion Fest" will be organised to develop Hong Kong into a fashion design hub in Asia. Through consolidating various fashion design events and introducing innovative elements and affiliate activities annually, the Hong Kong Fashion Fest promotes Hong Kong’s fashion and textile design brands and boosts Hong Kong’s position as a prime destination for hosting mega cultural and creative events. Under the theme "Rhythm of the Heart", the third edition of Hong Kong Fashion Fest will be held from 1 to 14 September 2026 at various landmarks in Hong Kong. The event will bring together eight flagship programmes organised by six industry organisations and, for the first time, will be combined with CENTRESTAGE - the annual fashion extravaganza organised by the Hong Kong Trade Development Council - to generate stronger synergies. The event will attract fashion design industry players from all over the world to come to Hong Kong; foster collaboration, innovation and business opportunities; establish platform for local and international fashion designers and brands and connect with different sectors in the fashion design industry of Hong Kong, the Chinese Mainland and overseas, thereby consolidating Hong Kong’s position as the East-meets-West centre for international cultural exchange. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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China-aided Laos’ first integrated photovoltaic-storage-charging ‘zero-carbon library’ opens ACN Newswire

China-aided Laos’ first integrated photovoltaic-storage-charging ‘zero-carbon library’ opens

HANGZHOU, CHINA, Sept 2, 2026 - (ACN Newswire via SeaPRwire.com) - Laos’ first zero-carbon library, built with support from Zhejiang Electric Power Corporation, officially opened at Luang Prabang Peace Secondary School on August 29. The library integrates solar power, energy storage and charging facilities, bringing a green energy solution to the school.This "green gift" from Zhejiang also carries special significance, coming in the 65th anniversary year of China-Laos diplomatic relations and the jointly declared "China-Laos Friendship Year." In June, Thongloun Sisoulith, General Secretary of the Lao People's Revolutionary Party and President of Laos, visited China, with his first stop in Zhejiang, where both sides reached a series of agreements on deepening a China-Laos community with a shared future. Two months later, those agreements took root along the Mekong River in the form of a library.Inside, the outdoor heat gives way to cool air, with computers, televisions, bookshelves and Chinese-Lao bilingual books neatly arranged. Students can browse books, search the digital library, and study independently in a quiet, comfortable environment."Since the China-Laos Railway opened, we have been exposed to many new things—concepts like artificial intelligence and the digital economy that we rarely heard of before. We are still students with few opportunities to go out, so reading has become our only way to broaden our horizons and gain knowledge," said Zalen, a second-year student at Luang Prabang Peace High School.However, local extracurricular reading resources are scarce; to find books beyond their textbooks, students often had to travel by train more than 200 kilometers to Vientiane, the capital—a two-and-a-half-hour journey one way. "Now the library is right outside the classroom. There are many books I want to read here, and there's air conditioning too. It feels especially convenient and comfortable," Zalen said.Principal Bounkham Vansy believes that this library is not just a reading room, but also a new channel connecting to the outside world. "This is another passage to the outside world after the China-Laos Railway, a path for students to gain new knowledge and ideas. The school will make good use of this library and manage it well, so that it can truly be integrated into daily teaching, provide students with more opportunities to learn and grow, and realize its greatest value," he said.Laos relies heavily on hydropower, and seasonal changes in water flow put pressure on the power supply during the dry season. Luang Prabang, in northern Laos, also has limited grid infrastructure in some areas, adding to the school's electricity challenges.Since upgrading the main power grid was difficult to achieve in the short term, a microgrid solution was adopted. The "Green Energy TO" public welfare team of State Grid Zhejiang Electric Power Co., Ltd. decided to use China's mature integrated photovoltaic-storage-charging microgrid technology. The library was manufactured in factories in Zhejiang in the form of prefabricated cabins and completed in Laos in just four days.During the day, rooftop photovoltaic panels generate electricity, storing surplus power in an energy storage system that releases it at night to provide the library a stable energy supply.On the same day, an "Air Classroom" was also launched together with the library. When the big screen lit up, Luang Prabang Peace Secondary School on one side and Gaoqiao Junior High School in Xiaoshan District, Hangzhou, Zhejiang, on the other, "met" across a distance of 5,000 li.Chinese teachers introduced Lao students to Chinese culture and science through the screen. Zero-carbon engineer Lai Hanbin gave the children a lesson on new-type power systems, and volunteers from State Grid Zhejiang Electric Power Co., Ltd. helped the children assemble a robot dog, drawing cheers as it walked across the lawn. Lao students in turn, shared their own culture, introducing the Lao New Year — the Water Splashing Festival.The most popular attraction was the UN Sustainable Development Goals science base beside the library. Students pedaled vigorously on power-generating bicycles, cheering. Looking at the photovoltaic panels and photovoltaic benches, the students said, "So this is green, low-carbon, and sustainable development!""We have innovated a public welfare service model of 'new energy + new education', using green energy to support remote education and interactive learning to spread the concept of green and low-carbon development," said Zhang Jun, head of the "Green Energy TO" public welfare team of State Grid Zhejiang Electric Power Co., Ltd. "In the future, the library will join hands with the Zhejiang Provincial Science Popularization Association, the Abin Volunteer Service Center of State Grid Hangzhou Power Supply Company, and Xiaoshan District Library of Hangzhou to provide children on both sides with 21 class hours of air classes across five dimensions, including natural science and traditional culture."From reading to classes, from online exchanges to hands-on experience, the library, the classroom and the science base are now connected—turning green energy into an everyday campus experience that students can read, discuss and practice."This is a green practice that crosses mountains and seas," said Khamla Lianbadi, deputy secretary of the Luang Prabang Provincial Party Committee. "It has not only brought advanced power grid technology to Laos, but also sowed the development philosophy of 'lucid waters and lush mountains are invaluable assets' and the beautiful ideal of jointly building a clean and beautiful world on this land."At the unveiling ceremony, representatives from both China and Laos also jointly planted a Champa tree, the national tree of Laos. A sapling has taken root, and a library has lit up dreams. From Zhejiang to Luang Prabang, this scent of books crossing mountains and seas is witnessing the China-Laos community with a shared future being continuously deepened and consolidated. (Luo Zhen, Zhu Xiaowei)Company: Zhejiang Electric Power CorporationContact Person: Zhen LuoEmail: gwhzgdgs@zj.sgcc.com.cn Website: www.zj.sgcc.com.cn City: Hangzhou Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Asia’s premier fashion event CENTRESTAGE officially kicks off ACN Newswire

Asia’s premier fashion event CENTRESTAGE officially kicks off

HONG KONG, Sept 2, 2026 - (ACN Newswire via SeaPRwire.com) - Organised by the Hong Kong Trade Development Council (HKTDC) and sponsored by the Cultural and Creative Industries Development Agency (CCIDA) of the Hong Kong Special Administrative Region (HKSAR) Government, CENTRESTAGE, Asia’s annual premier fashion event and a flagship programme of the third edition of Hong Kong Fashion Fest, officially opened today at the Hong Kong Convention and Exhibition Centre (HKCEC). Running for four consecutive days until 5 September, the exhibition is open free of charge to both industry buyers and the public, and invites all to immerse themselves in the unique allure of Asia's fashion capital. Stepping into its 11th edition, this year's CENTRESTAGE has attracted a record-breaking convergence of some 270 international brands from 24 countries and regions. This vibrant tapestry of style encompasses renowned labels, emerging designers, and industry elites, showcasing the pinnacle of fashion trends and creative ingenuity. Furthermore, the four-day extravaganza features a rich programme of over 40 captivating events, including an unprecedented lineup of more than 30 runway shows, further cementing the fair’s international influence and sartorial magnetism.The 11th CENTRESTAGE officially opened today at the Hong Kong Convention and Exhibition Centre, gathering a record-breaking some 270 international brands.Smilely Lam, Associate Executive Director of the HKTDC, said: “CENTRESTAGE gathers a constellation of global fashion brands and design luminaries. Through this platform, we aim to leverage Hong Kong’s unique advantages as an international business hub and a superconnector. We enable Hong Kong brands to connect with overseas buyers, while simultaneously attracting international labels to use Hong Kong as a springboard into Asia, fostering two-way collaboration and creating more business opportunities. At the same time, it allows the public to experience the latest fashion and creative trends up close, further consolidating Hong Kong's position as Asia's fashion and creative hub.”This year, CENTRESTAGE debuts the Hype² zone, bringing together fashion brands led by local celebrities and KOLs to showcase the diverse charm of Hong Kong's streetwear culture.Hype² pavilion debuts with limited new releasesStreetwear has experienced meteoric growth in recent years, propelled by Gen Z consumers who place a premium on "self-expression" and "emotional resonance". Responding to this cultural shift, CENTRESTAGE debuts Hype² pavilion, a dedicated zone spotlighting fashion labels spearheaded by local celebrities and KOL. The star-studded exhibitor lineup includes Rosita Kwok’s Claro, Vincent Wong’s OGIS, Kelvin Kwan’s PICK AND MATCH, ROSEMA.ESE X Jaime Cheung (a collaboration between Jaime Cheung and Ariel Leung), and Pakho Chau’s XPX. During the fair, some 30 limited-edition and debut products were launched. Additionally, the "Hype² Runway Show" will take centre stage on 4 September, bringing together over 10 streetwear brands with special celebrity guest appearances.KIT WAN STUDIOS headlines grand opening fashion showTonight (2 September), the grand opening fashion show, CENTRESTAGE ELITES, will put the spotlight on KIT WAN STUDIOS, a multidisciplinary design and visual arts studio led by Kit Wan, a Hong Kong-born creative director and visual artist. The studio’s collaborative roster of local artist is formidable, encompassing Miriam Yeung, Hins Cheung, MC Cheung, and Panther Chan. Designing “stage armour” for artists in Los Angeles at the Grammy Awards and Eurovision in the United Kingdom allow Hong Kong design to shine on a global stages. Over 30 brand-new looks will make their debut on the CENTRESTAGE ELITES runway, with select pieces displayed at the fairground. To share the three acts of this collection “MUTANT // MYTHOLOGY” to a wider audience, the show will be livestreamed across multiple platforms. Furthermore, on 4 September, he will engage in a sharing session with Dan Hastings, Editor of The Business of Fashion, to explore his inspirations and insights on operating a fashion brand both from an art studio.Korea joins as "Featured Partner" with largest-ever pavilionCENTRESTAGE’s global footprint continues to expand, welcoming exhibitors from 24 countries and regions, with Austria, Colombia, the Faroe Islands, Malaysia, Slovakia and the UAE making their inaugural appearances. Notably, Korea is serving as CENTRESTAGE's Featured Partner for the first time. Jointly organised by the Korea Trade-Investment Promotion Agency (KOTRA), HISEOUL SHOWROOM, and the Consulate General of the Republic of Korea in Hong Kong, the pavilion brings 12 renowned Seoul designer brands, including DOUCAN, ELNORE, and RE RH'EE, alongside the Gyeonggi Fashion Creative Studio, which presents 10 prominent local brands such as ARTS DE BASE, PHENOMENONSEEPER, and VEGANTIGER, showcasing the trendiest Korean styles. The pavilion will host a thematic fashion show, "SEOUListic: The Future is Sustainable," on 4 September, featuring former IZ*ONE member Lee Chae-yeon as a guest performer, blending fashion with entertainment.In addition to Korea, the exhibition features 11 overseas pavilions. The Austrian pavilion, participating for the first time and coordinated by Austrian Trade Commission, brings 7 brands with unique European flair, including Woody, My Magpie and more. The Austrian delegation staged a mini parade today, receiving an enthusiastic response from the audience while showcasing the distinctive European flair and sustainability ethos of Austrian design.The Canadian pavilion, led by the Consulate General of Canada in Hong Kong and Macao, gathers several high-end, female-founded and female-led brands, including Iris Setlakwe, known for elegant tailoring, and Devlyn Van Loon, focusing on minimalist and sustainable design, showcasing modern North American women's fashion. The Thai pavilion, organised by the Department of International Trade Promotion (DITP), returns with 14 brands, including KANZ BY THAITOR. Other pavilions include Quanzhou from the Chinese Mainland, Macao, Australia, and Slovakia.New Perfume Zone with fragrance experience with over 20 brands launching in Hong Kong for the first timeThis year's exhibition features seven thematic zones covering various fashion sectors and design styles. The newly added “Perfume” zone gathers renowned fragrance brands from around the world. Over 20 brands from Malaysia, Thailand, and Vietnam are making their Hong Kong retail debut, alongside established names like local brand OCO, inviting buyers and fashion enthusiasts on an olfactory journey. The fair also featured a Scent Station, where visitors can sample and test their favourite fragrances.This year's exhibition features seven themed zones, with the Urban Zone highlighting casual city fashion. Brands include 8FIVE2, founded by Julius Brian Siswojo, a member of Hong Kong's hip hop group "24Herbs." He was present on the opening day, engaging closely with the public and adding star power to the zone.Building on last year's success, the "Accessories" zone has been expanded, featuring brands such as local label Bethel. The "Craftsmanship" zone celebrates artisanal excellence with Malaysia’s Maswira Majid and local brand Wanzzz. The "Contemporary" zone showcases avant-garde aesthetics, featuring Colombia’s STUDIO INGRID BURGOS and Chinese Mainland’s premium label Langdeng. The "Urban" zone captures the essence of casual city life, including local label 8FIVE2 by local Hip Hop group ‘’24herbs’’ member Julius Brian Siswojo. The zone also features another local label Petrolhead by artist Louis Cheung and Yorki Fan. Julius Brian Siswojo and Louis Cheung made appearances at the fair on opening day, drawing enthusiastic crowds and creating a lively atmosphere. The “Athleisure” zone merges sportswear with workwear, highlighted by local brand Plan216. Finally, the "Circular Fashion" zone champions sustainability, featuring local brand JESSE LEE, who will present three-dimensional garments crafted from upcycled fabrics and 3D printing technology. Select exhibitors will also offer retail sales, allowing the public to purchase their favourite designer pieces on the spot.Record-breaking runway showsOver 40 exciting events will take place during the exhibition, including a historic high of over 30 fashion shows covering various styles. A key highlight, the Fashion Hong Kong Runway Show organised by the HKTDC, will be held tomorrow (3 September). Inspired by "Hong Kong Dopamine", it will present the creative collections of four local brands: 112 mountainyam, ANGUS TSUI, ARTY:ACTIVE, and Z I D I, showcasing the city's fashion vitality.The first runway show of the event, FASHIONALLY Collection #26, showcased the latest works from local brands MARCCH, MURFI LAU, and OUS.FASHIONALLY, dedicated to promoting young Hong Kong designers, will also host several presentations. FASHIONALLY Collection #26 will showcase the latest works of MARCCH, MURFI LAU, and OUS; while phenotypsetter, Oplus2, and Szmannie will launch their new collections via FASHIONALLY Presentation.Other fashion shows boast equally impressive lineups, gathering numerous renowned and emerging local and overseas brands. Local representatives include KEVYIU, VICTOR CHAN STUDIO x atelierYVF, Cixi Jewelry, Classics Anew, Doris Kath, and Cecilia Yau Couture. The overseas lineup features works by Slovakian designers Bráz Noémi and Mišena Juhász, presenting diverse creative styles to the industry and audience.CENTRESTAGE is not only a brand showcase but also a crucial platform for industry exchange and discussing future developments. The "Meet the Designer" session has invited renowned Korean designer Rok Hwang to share his valuable experience in founding his brand ROKH and stepping onto the international stage. Additionally, organisations such as AiDLab and the Australian Fashion Council will host seminars exploring hot topics like sustainable fashion and fashion technology, further promoting industry cooperation and solidifying Hong Kong's status as an Asian fashion hub.The exhibition also features various thematic shows and industry competitions to promote the preservation and innovation of fashion culture. These include the GBA Fashion Fushion organised by the Fashion Farm Foundation, the "Young Knitwear Designers' RUNWAY 2026" by the Knitwear Innovation and Design Society (KIDS), and the SPARKLE by KAREN CHAN brand show. Meanwhile, the Grand Final of the Redress Design Award 2026, the world's largest sustainable fashion design competition, and the "Create Outside the Box" Fashion Design Competition 2026 will take place consecutively.The grand finale, the Hong Kong Young Fashion Designers' Contest (YDC) 2026, will be held on 5 September. A professional judging panel will select the winners of four major awards—Champion, Excellence Award, Best Art Direction, and My Favourite Collection—from 10 shortlisted designers, unearthing the next generation of fashion luminaries. The public is invited to vote online for the "My Favourite Collection" award, with a chance to win one of five HK$2,000 Lee Gardens e-gift certificates sponsored by Hysan Development. (Voting link: https://www.fashionally.com/en/s/ydc2026-vote)Multiple Interactive Zones with Immersive Trend ExperienceThe exhibition features a variety of interactive zones, offering visitors an immersive fashion journey. Highlights include the Fashion Sound Lab, where participants can record the voice on-site at the Lab installation and download their self-generated songs via QR code for replay. They can also create a souvenir in the form of a vinyl-inspired record design. The SNAPIO Stand captures chic fashion moments, allowing guests to preserve their exclusive style memories. In addition, the French Cultural Salon at FIGARO Café provides a space for fashion enthusiasts to engage in in-depth exchanges, experience the fusion of culture and trends, and appreciate live gigs.The HKTDC continues to invite buyers from around the world to source at CENTRESTAGE, including major retailers such as Chinese Mainland's B1OCK, Dongliang, Italy's 10 Corso Como, Korea's Muninsa, United Kingdom's Dover Street Market London and Selfridges.CENTRESTAGE is held concurrently with the HKTDC Hong Kong Watch & Clock Fair and Salon de TE (1–5 September). Attendees can enjoy a one-stop shopping experience for global fashion apparel and luxury timepieces, and participate in the CENTRESTAGE X Watch & Clock Lucky Draw.Photo download: https://bit.ly/3T87B48The 11th CENTRESTAGE officially opened today at the Hong Kong Convention and Exhibition Centre, gathering a record-breaking some 270 international brands.This year, CENTRESTAGE debuts the Hype² zone, bringing together fashion brands led by local celebrities and KOLs to showcase the diverse charm of Hong Kong's streetwear culture.This year’s exhibition features seven themed zones, with the Urban Zone highlighting casual city fashion. Brands include 8FIVE2, founded by Julius Brian Siswojo, a member of Hong Kong’s hip hop group “24Herbs.” He was present on the opening day, engaging closely with the public and adding star power to the zone.The first runway show of the event, FASHIONALLY Collection #26, showcased the latest works from local brands MARCCH, MURFI LAU, and OUS.Ronja SCHERZINGER, CEO of FashionTouri International Enterprise, attended a sharing session to introduce how sustainable fashion can accelerate brand value.Korea became the exhibition's "Featured Partner" for the first time, creating its largest-ever pavilion with 22 participating brands.Organised by the Austrian Trade Commission, the Austrian pavilion presented a mini parade featuring seven fashion brands, showcasing the distinctive European flair and sustainability ethos of Austrian design.Some brands at the fair also offered retail sales, allowing visitors to purchase fashion apparel and accessories from around the world. Pictured is Cixi Jewelry from the Accessories zone.The fair also featured a number of interactive settings, including the FIGARO Café, a contemporary French-inspired cultural salon where fashion enthusiasts could connect, exchange ideas and experience the convergence of culture and fashion through an immersive journey.CENTRESTAGE: https://www.hktdc.com/event/centrestage/enCENTRESTAGE buyer online registration: https://bit.ly/4xydTctCENTRESTAGE Instagram: https://www.instagram.com/centrestage_hktdc/?hl=tcFashion Hong Kong: https://www.fashionhongkong.com/Hong Kong Young Fashion Designers' Contest (YDC): https://www.fashionally.com/en/Media enquiriesPURPLE:Fiona WongTel: (852) 9221 1056Email: fiona.wong@purplepr.comYannis SinTel: (852) 6226 3398Email: yannis.sin@purplepr.comHKTDC’s Communications & Public Affairs Department:Katy WongTel: (852) 2584 4524Email: katy.ky.wong@hktdc.orgJane CheungTel: (852) 2584 4137Email: jane.mh.cheung@hktdc.orgHKTDC Newsroom: https://mediaroom.hktdc.com/enAbout 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. About Cultural and Creative Industries Development Agency (CCIDA)The Cultural and Creative Industries Development Agency (CCIDA), formerly known as Create Hong Kong (CreateHK) since 2009, was established in June 2024. CCIDA is a dedicated office under the Culture, Sports and Tourism Bureau of the Government of the Hong Kong Special Administrative Region (HKSAR Government) to provide one-stop services and support to the cultural and creative sectors with a mission to foster a conducive environment in Hong Kong to facilitate development of the arts, culture and creative sectors as industries. CCIDA’s strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting cross-sectoral and multi-disciplinary collaboration, promoting industrialisation of the arts, culture and creative sectors under the industry-oriented principle, and fostering a creative atmosphere in the community, thereby reinforcing Hong Kong as Asia’s creative capital and our positioning as the East-meets-West centre for international cultural exchange.About Hong Kong Fashion FestAnnounced by the Hong Kong Special Administrative Region Chief Executive in the 2023 Policy Address, "Hong Kong Fashion Fest" will be organised to develop Hong Kong into a fashion design hub in Asia. Through consolidating various fashion design events and introducing innovative elements and affiliate activities annually, the Hong Kong Fashion Fest promotes Hong Kong’s fashion and textile design brands and boosts Hong Kong’s position as a prime destination for hosting mega cultural and creative events. Under the theme "Rhythm of the Heart", the third edition of Hong Kong Fashion Fest will be held from 1 to 14 September 2026 at various landmarks in Hong Kong. The event will bring together eight flagship programmes organised by six industry organisations and, for the first time, will be combined with CENTRESTAGE - the annual fashion extravaganza organised by the Hong Kong Trade Development Council - to generate stronger synergies. The event will attract fashion design industry players from all over the world to come to Hong Kong; foster collaboration, innovation and business opportunities; establish platform for local and international fashion designers and brands and connect with different sectors in the fashion design industry of Hong Kong, the Chinese Mainland and overseas, thereby consolidating Hong Kong’s position as the East-meets-West centre for international cultural exchange. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Radisson Continues to Intersect High-Grade Gold Mineralization in the “Trend 1-Trend 2 Gap” at O’Brien, Including 52.34 g/t Gold over 3 Metres ACN Newswire

Radisson Continues to Intersect High-Grade Gold Mineralization in the “Trend 1-Trend 2 Gap” at O’Brien, Including 52.34 g/t Gold over 3 Metres

Rouyn-Noranda, Quebec, Sept 2, 2026 - (ACN Newswire via SeaPRwire.com) - Radisson Mining Resources Inc. (TSXV: RDS) (OTCQX: RMRDF) ("Radisson" or the "Company") is pleased to announce the results of six new drill holes recently completed at its 100%-owned O'Brien Gold Project ("O'Brien" or the "Project") located in the Abitibi region of Québec. The six holes represent new wedge branches targeting the "Trend 1-Trend 2 Gap", an area of little previous drilling extending over an approximate 800-metre vertical extent in the central portion of the Project. All have returned significant intercepts of high-grade gold mineralization. This follows a pattern developed in recently published results in the same area (see news releases dated June 1, 2026, June 22, 2026, and July 7, 2026), with important implications for future mineral resources. These results are the latest from the Company's ongoing 140,000-metre step-out drill program and continue to extend the scope of gold mineralization beyond the Company's March 2026 Mineral Resource Estimate ("MRE"). Highlights (Figure 1 and Table 1) include:OB-26-386W4 intersected 52.34 grams per tonne ("g/t") gold ("Au") over 3.0 metres (core lengths) including 154.95 g/t Au over 1.0 metre, and 3.82 g/t Au over 10.2 metres including 9.98 g/t Au over 3.0 metres, and 9.39 g/t Au over 2.0 metres including 11.50 g/t Au over 1.0 metre;OB-26-387W7 intersected 10.62 g/t Au over 4.7 metres including 40.90 g/t Au over 1.1 metres, and 29.34 g/t Au over 1.0 metre, and 6.43 g/t Au over 3.0 metres including 8.20 g/t Au over 2.0 metres;OB-26-386W5 intersected 5.37 g/t Au over 4.2 metres including 14.38 g/t Au over 1.2 metres;OB-26-386W6 intersected 6.14 g/t Au over 3.7 metres including 11.11 g/t Au over 1.0 metre.Matt Manson, President and CEO: "We have now released results from two pilot holes and thirteen directional wedge branches in the "Trend 1-Trend 2 Gap", previously a large hole in our drill coverage extending over 800 metres vertically in the centre of the deposit. Thirteen of these fifteen holes have intersected mineralization with grades and thicknesses consistent with the Project's mineral resources. In many cases, as with today's news, we have intersected multiple, parallel zones of mineralization with very high grades. Previous drilling at O'Brien has defined steeply plunging mineralization "Trends" separated by "Gaps", a pattern that defines the character of our mineral resource block model and influences our exploration targeting and conceptual mine design. We now know that the gap between Trend #1 and Trend #2, at least, is a function of insufficient drilling. Gold mineralization appears laterally continuous across this area. This has important implications for mineral resource growth and may positively influence future development scenarios such as stope continuity in a potential mine and the location of future mining infrastructure such as drifts and ramps. All of this gap drilling has been achieved from just two drill rigs successfully completing multiple wedge branches over a broad area from two pilot holes (OB-26-386 and 387). A total of eight drill rigs are currently active at the Project as part of the ongoing 140,000-metre step-out drill program focused exclusively on mineral resource growth. This drilling will run concurrently with the recently announced advanced underground exploration program (see news release dated August 24, 2026). These parallel, fully-funded programs offer substantial progress on both the exploration of the Project and its development path."Figure 1: Longitudinal Vertical Section and Plan View of Gold Vein Mineralization and Mineral Resources at the O'Brien Gold Project, with Today's Drill Holes IllustratedTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10977/312483_05a0c8bbc479e801_001full.jpgGold Mineralization at O'BrienGold mineralizing quartz-sulphide veins at O'Brien occur within a thin band of interlayered mafic volcanic rocks, conglomerates, and porphyritic andesitic sills of the Piché Group occurring in contact with the east-west oriented Larder Lake-Cadillac Break ("LLCB"). Gold, along with pyrite and arsenopyrite, is typically associated with shearing and a pervasive biotite alteration, and developed within multiple Piché Group lithologies and, occasionally, the hanging-wall Pontiac and footwall Cadillac meta-sedimentary rocks.Table 1: Assay Results Calculated at a 3 g/t Au Bottom Cut-Off from Drill Holes Published Today To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10977/312483_rad1.jpgNotes on Calculation of Drill Intercepts:The O'Brien Gold Project Mineral Resource Estimate effective January 31, 2026 utilizes a 2.20 g/t Au bottom cut-off, a US$2,500 gold price, a minimum mining width of 1.2 metres, and a 60 g/t Au upper cap on individual assays. Intercepts presented in Table 1 are calculated with a 3.00 g/t Au bottom cut-off. Sample grades are uncapped. True widths, based on depth of intercept and drill hole inclination, are estimated to be 30-80% of core length. Table 3 presents additional drill intercepts calculated with a 1.00 g/t Au bottom cut-off over a minimum 1.0 metre core length so as to illustrate the frequency and continuity of mineralized intervals within which high-grade gold veins at O'Brien are developed. Lithology Codes: PON-S3: Pontiac Sediments; V3-S, V3-N, V3-CEN: Basalt-South, North, Central; S1P, S3P: Conglomerate and Greywackes; POR-S, POR-N: Porphyry South, North; TX: Crystal Tuff; ZFLLC: Larder Lake-Cadillac Fault ZoneAs mapped at the historic O'Brien mine, and now replicated in the modern drilling, individual veins are generally narrow, ranging from several centimetres up to several metres in thickness and areassociated with broader, mineralized alteration envelopes. Multiple veins occur sub-parallel to each other, as well as sub-parallel to the Piché lithologies and the LLCB. Individual veins have well-established lateral continuity, with steeply plunging grade shoots developed over significant lengths.The historic O'Brien mine produced over half a million ounces of gold from such veins and shoots at an average grade exceeding 15 g/t Au and over a vertical extent of at least 1,000 metres. Modern exploration has focussed on delineating well-developed vein mineralization below and to the east of the historic mine. Based on the historic data available, it is clear that the former mine was "high-graded", with mining focussed on a main central stope and parallel veins identified but left undeveloped.Figure 2: The "Trend 1-Trend 2 Gap" Illustrated on the Basis of the March 2026 MRE (left) and the July 2025 PEA Mine Design (Right). This Graphic Also Illustrates the Growth in the Project's MRE since the July 2025 PEA was Completed.To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10977/312483_05a0c8bbc479e801_003full.jpgStep-Out Drilling at O'BrienSince the end of 2024, Radisson has been pursuing a program of broad step-outs beneath the historic O'Brien Gold mine and the existing mineral resources designed to test the extent of gold mineralization at the Project. This drilling is accomplished with pilot holes followed by wedges and directional drilling to maximize drill efficiency and minimize costs. In October 2025, Radisson announced the expansion of the step-out drill program to 140,000 metres employing eight drill rigs (see Radisson news release dated October 16, 2025).The origin of the step-out drill program was the deep pilot hole OB-24-337, which was the first exploration drill hole located below the former mine workings since mining ended in 1957. This hole intersected 31.24 g/t Au over 8.0 metres, including 242.0 g/t Au over 1.0 m at approximately 1,500 metres vertical depth (see Radisson news release dated December 16, 2024). Fifteen wedge branches were completed from OB-24-337 delineating up to eight gold-bearing veins over a 250-metre by 700-metre area in what is referred to as "O'Brien Mine East" (see Radisson news release dated February 12, 2026). In March 2026, Radisson published an interim update in the Project's mineral resources, showing meaningful growth based on the on-going drilling (see Radisson news release dated March 2, 2026).The focus of the step-out drill program has been the extension of mineralization at depth, with an exploration floor of 2 kilometres depth, and recently announced plans to extend this drilling to 2.5 kilometres depth (see Radisson news release dated May 28, 2026). Given the character of neighbouring gold deposits and the wealth of mining infrastructure within or close to the O'Brien Gold Project, Radisson believes that significant exploration potential exists to these depths, and such mineralization might reasonably be expected to be developed.Figure 3: Vertical Section Through "Trend 1 - Trend 2 Gap" with Today's New Drill ResultsTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10977/312483_05a0c8bbc479e801_004full.jpgIn addition to the progressively deeper drilling, the 140,000-metre program includes targeting of areas within the O'Brien geological model that have not previously been tested and offer the potential for additional mineral resources at shallower depths. As exploration drilling at O'Brien has progressed over the last several years, high-grade intercepts and vein delineations have typically been followed up with additional drilling on steep east plunging trends. This is consistent with the observation of steeply plunging high-grade shoots in the historical O'Brien mine, from surface trenching, and from the orientation of grade trends in the MRE. This exploration strategy has resulted in a number of large-scale mineralization "Trends 0 to 5" being delineated, with intervening "gaps". These gaps are typically defined by a lack of drilling rather than a lack of mineralization. Significant gaps include between the former mine and "Trend 0", and a gap of 800 metres vertical extent between "Trends 1 and 2" (Figure 1 and Figure 2).Figure 4: Deep Step-Out Drill Holes Completed and/or Published by the Company Since March 2026To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10977/312483_05a0c8bbc479e801_005full.jpgPilot holes OB-26-386 and OB-26-387 were established to target the Trend 1-Trend 2 Gap at approximately 500 and 1,000 metres vertical depth. Thirteen directional wedge branches have now been completed from the two pilot holes for a total of fifteen cuts through the Piché Group. All of these drill holes have returned intercepts of gold mineralization in the characteristic quartz-sulphide-gold veins and alteration envelops developed within the conglomerate, porphyry and volcanic units of the Piché Group (Figure 3). Thirteen of the fifteen have returned intercepts with grades and thicknesses consistent with the Project's mineral resources. Selected highlights of these fifteen holes now include:OB-26-386W1 intersected 3.43 g/t Au over 13.4 metres including 8.63 g/t Au over 1.0 metres and including 10.26 g/t Au over 1.0 metres and including 8.24 g/t Au over 1.0 metres;OB-26-386W4 intersected 52.34 g/t Au over 3.0 metres including 154.95 g/t Au over 1.0 metre, and 3.82 g/t Au over 10.2 metres including 9.98 g/t Au over 3.0 metres, and 9.39 g/t Au over 2.0 metres including 11.50 g/t Au over 1.0 metre;OB-26-387W2 intersected 7.57 g/t Au over 9.7 metres including 52.75 g/t Au over 1.1 metre;OB-26-387W3 intersected 66.93 g/t Au over 1.0 metres and 24.97 g/t Au over 1.0 metres;OB-26-387W7 intersected 10.62 g/t Au over 4.7 metres including 40.90 g/t Au over 1.1 metres, and 29.34 g/t Au over 1.0 metre, and 6.43 g/t Au over 3.0 metres including 8.20 g/t Au over 2.0 metres.These results demonstrate that continuity of mineralization at O'Brien can be established laterally between what were previously thought to be discrete mineralization trends. In addition, the presence of a gap in the mineral resource block model between Trends 1 and 2 drives a gap between mining areas and mine infrastructure planning, as was demonstrated in the mine design contained within Radisson's July 2025 Preliminary Economic Assessment ("PEA") for the Project (Figure 2). Additional mineral resources in these under-drilled gaps will also benefit the density of mineralization at the Project, which is a common measure of economic viability and capital efficiency in underground mine design.The six new drill holes at the Project continue to demonstrate the very high incidence of intercepts with grades and thicknesses consistent with the Project's mineral resources ("hits", per Table 2). This now stands at 82% of all drill holes completed to date, an impressive result for a step-out drill program specifically targeting non-resource areas (Figure 4). Mineralization remains open in every direction, with clear opportunities to expand the quantity of new mineral resources, in particular by drilling at depth.Table 2: Drill Results Published for the O'Brien Gold Project Since December 2024Date of PublicationTotal Number of Drill HolesDrill Holes with Intercepts >+3g/tSuccess Rate (%)September 2, 202666100%July 7, 202633100%June 22, 2026-O'Brien55100%June 22, 2026-Thompson-Cadillac2150%June 1, 20267686%April 30, 2026-O'Brien77100%April 30, 2026-Thompson-Cadillac9222%January 27, 202677100%January 6, 20266583%October 28, 2025151387%September 8, 2025151387%July 16, 2025141179%April 2, 202533100%February 26, 2025201575%December 16, 202411100%Total1209882% Table 3: Detailed Assay Results (see "Notes on Calculation of Drill Intercepts") To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10977/312483_rad2.jpgTo view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10977/312483_rad3.jpgTable 4: Drill Hole Collar Information for Holes contained in this News Release To view an enhanced version of this graphic, please visit:https://images.newsfilecorp.com/files/10977/312483_rad4.jpgNotes: Hole lengths for wedges represent meterage from point of wedge. Collar position is reported for pilot hole.QA/QCAll drill core in this campaign is NQ in size. Assays were completed on sawn half-core, with the second half retained in the core box for future reference. Geologists mark cut lines on the core perpendicular to the foliation. The half on the right side of the saw blade is bagged for the laboratory and the left half is retained as reference. Sample bags are sealed, placed in rice sacks, plastic-wrapped on pallets, and held in a secure facility until pick-up by the laboratory's dedicated truck.Samples are delivered to MSALABS' analytical laboratory in Val-d'Or, Québec, for preparation and gold analysis. The entire sample is dried and crushed (70% passing a 2-millimetre sieve) and split to 500 g. Gold analysis is performed on an approximately 500 g aliquot (a single jar) using Chrysos PhotonAssay technology. Mineralized zones containing visible gold, plus additional intervals selected at the discretion of the logging geologist, are analyzed to extinction, whereby the entire sample is split into multiple ~500 g jars, each jar is analyzed by PhotonAssay, and the weighted average of the results is used for reporting. A one-metre sample typically requires five jars.Certified reference materials (CRMs), blank samples, and reject duplicates are inserted for quality assurance and quality control. Either a CRM, a blank, or a duplicate is inserted during regular sampling at a rate of 1 per 25 samples, with the insertion rate increased for intervals selected for assay to extinction. Four different CRMs are in use with an appropriate range of certified grades suited for O'Brien mineralization. Jars of CRM material are stored at the laboratory and inserted into the sample stream as directed by Radisson. The CRMs were selected by Radisson in accordance with Chrysos Corporation's best-practice guidelines for PhotonAssay. Blanks consist of commercially obtained crushed quartzite known to be barren of gold. Samples returning results greater than 1 g/t Au are also fire assayed.MSALABS operates under ISO/IEC 17025 accreditation, utilizing industry-standard QA/QC frameworks for gold analysis. Through the integration of blanks, duplicates, and CRMs into its workflow, the laboratory adheres to established benchmarks that ensure precise, reliable, and verifiable results.QP DisclosureDisclosure of a scientific or technical nature in this news release was prepared under the supervision of Mr. Richard Nieminen, P.Geo, (QC), a geological consultant for Radisson and a Qualified Person for purposes of NI 43-101. Mr. Luke Evans, M.Sc., P.Eng., ing, of SLR Consulting (Canada) Ltd., is the Qualified Person responsible for the preparation of the MRE at O'Brien. Each of Mr. Nieminen and Mr. Evans is independent of Radisson and the O'Brien Gold Project.About Radisson MiningRadisson is a gold exploration company focused on its 100% owned O'Brien Gold Project, located in the Bousquet-Cadillac mining camp along the world-renowned Larder-Lake-Cadillac Break in Abitibi, Québec. A July 2025 PEA described a low cost and high value project with an 11-year mine life and significant upside potential based on the use of existing regional infrastructure. Indicated Mineral Resources are estimated at 0.63 Moz (3.49 Mt at 5.59 g/t Au), with additional Inferred Mineral Resources estimated at 1.69 Moz (10.37 Mt at 5.08 g/t Au). Please see the NI 43-101 "O'Brien Gold Project Technical Report and Preliminary Economic Assessment, Québec, Canada" effective June 27, 2025, Radisson's news release dated March 2, 2026 "With Step-Out Drilling Continuing, Radisson Demonstrates Meaningful Resource Growth at O'Brien with an Updated Mineral Resource Estimate" and other filings made with Canadian securities regulatory authorities available at www.sedarplus.ca for further details and assumptions relating to the O'Brien Gold Project. For more information on Radisson, visit our website at www.radissonmining.com or contact:Matt MansonPresident and CEO416.618.5885mmanson@radissonmining.comKristina PillonManager, Investor Relations 604.908.1695kpillon@radissonmining.comForward-Looking StatementsThis news release contains "forward-looking information" within the meaning of the applicable Canadian securities legislation that is based on expectations, estimates, projections, and interpretations as at the date of this news release. Forward-looking statements including, but are not limited to, statements with respect to the ability to execute the Company's plans relating to the O'Brien Gold Project as set out in the Preliminary Economic Assessment; the Company's ability to complete its planned exploration and development programs; the absence of adverse conditions at the O'Brien Gold Project; the absence of unforeseen operational delays; the absence of material delays in obtaining necessary permits; the price of gold remaining at levels that render the O'Brien Gold Project profitable; the Company's ability to continue raising necessary capital to finance its operations; the ability to realize on the mineral resource and mineral reserve estimates; assumptions regarding present and future business strategies; local and global geopolitical and economic conditions and the environment in which the Company operates and will operate in the future; planned and ongoing drilling; the significance of drill results; the ability to continue drilling; the impact of drilling on the definition of any resource; and the ability to incorporate new drilling in an updated technical report and resource modelling; the Company's ability to grow the O'Brien Gold Project; and the ability to convert inferred mineral resources to indicated mineral resources.Any statement that involves discussions with respect to predictions, expectations, interpretations, beliefs, plans, projections, objectives, assumptions, future events or performance (often but not always using phrases such as "expects", or "does not expect", "is expected", "interpreted", "management's view", "anticipates" or "does not anticipate", "plans", "budget", "scheduled", "forecasts", "estimates", "believes" or "intends" or variations of such words and phrases or stating that certain actions, events or results "may" or "could", "would", "might" or "will" be taken to occur or be achieved) are not statements of historical fact and may be forward-looking information and are intended to identify forward-looking information. Except for statements of historical fact relating to the Company, certain information contained herein constitutes forward-looking statements. Forward-looking information is based on estimates of management of the Company, at the time it was made, involves known and unknown risks, uncertainties and other factors which may cause the actual results, performance or achievements of the companies to be materially different from any future results, performance or achievements expressed or implied by such forward-looking information. Such factors include, among others; the risk that the O'Brien Gold Project will never reach the production stage (including due to a lack of financing); the Company's capital requirements and access to funding; changes in legislation, regulations and accounting standards to which the Company is subject, including environmental, health and safety standards, and the impact of such legislation, regulations and standards on the Company's activities; price volatility and availability of commodities; instability in the global financial system; the effects of high inflation, such as higher commodity prices; the risk of any future litigation against the Company; changes in project parameters and/or economic assessments as plans continue to be refined; the risk that actual costs may exceed estimated costs; geological, mining and exploration technical problems; failure of plant, equipment or processes to operate as anticipated; accidents, labour disputes and other risks of the mining industry; delays in obtaining governmental approvals or financing; risks relating to the drill results at O'Brien; the significance of drill results; and the ability of drill results to accurately predict mineralization. Although the forward-looking information contained in this news release is based upon what management believes, or believed at the time, to be reasonable assumptions, the parties cannot assure shareholders and prospective purchasers of securities that actual results will be consistent with such forward-looking information, as there may be other factors that cause results not to be as anticipated, estimated or intended, and neither the Company nor any other person assumes responsibility for the accuracy and completeness of any such forward-looking information. The Company believes that this forward-looking information is based on reasonable assumptions, but no assurance can be given that these expectations will prove to be correct and such forward-looking statements included in this press release should not be unduly relied upon. The Company does not undertake, and assumes no obligation, to update or revise any such forward-looking statements or forward-looking information contained herein to reflect new events or circumstances, except as may be required by law. These statements speak only as of the date of this news release.Please refer to the "Risks and Uncertainties Related to Exploration" and the "Risks Related to Financing and Development" sections of the Company's Management's Discussion and Analysis dated April 23, 2026 for the year ended December 31, 2025 available electronically on SEDAR+ at www.sedarplus.ca. All forward-looking statements contained in this press release are expressly qualified by this cautionary statement.Neither the TSX Venture Exchange 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 news release. No stock exchange, securities commission or other regulatory authority has approved or disapproved the information contained herein.To view the source version of this press release, please visit https://www.newsfilecorp.com/release/312483 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Galaxy Group (Nasdaq: GLXG) Announces Support for Stablecoin Payments for Businesses, Employees and Contractors Starting September 2026 ACN Newswire

Galaxy Group (Nasdaq: GLXG) Announces Support for Stablecoin Payments for Businesses, Employees and Contractors Starting September 2026

HONG KONG, Sept 2, 2026 - (ACN Newswire via SeaPRwire.com) - Galaxy Payroll Group Limited (“Galaxy Group” or “Galaxy”) (Nasdaq: GLXG), an Asia-focused provider of payroll, Employer of Record (EOR), HR outsourcing and cross-border workforce solutions, today announced that it will officially support stablecoin payment options for businesses, employees and contractors beginning in September 2026.The new payment capability is designed to provide Galaxy clients and their global workforces with greater flexibility in managing cross-border payments, particularly where traditional international payment methods may involve longer settlement times, multiple intermediaries or additional transaction costs.Expanding Payment Options for the Modern Global WorkforceUnder the new capability, eligible Galaxy clients will be able to use supported stablecoins as an additional payment method for approved business and workforce-related transactions. Subject to applicable laws, compliance requirements and local availability, eligible employees and contractors may also elect to receive approved payments through supported stablecoin payment channels.Stablecoin payments will operate as an additional payment option alongside Galaxy’s existing traditional banking and payroll payment infrastructure. Clients and workers will not be required to use stablecoins.The initiative forms part of Galaxy’s broader strategy to modernize cross-border workforce infrastructure while maintaining the compliance and operational controls required for payroll, EOR and international employment services.Compliance Remains CentralGalaxy will implement stablecoin payment support within an appropriate compliance and risk-management framework. Availability will be subject to applicable laws and regulations, jurisdictional restrictions, identity and compliance verification, and Galaxy’s internal policies and procedures.Where Galaxy acts as Employer of Record, statutory payroll calculations, tax withholding, social insurance contributions, mandatory benefits and employment reporting will continue to be administered in accordance with applicable local requirements.Stablecoin payment support does not change the underlying employment relationship, payroll calculation methodology or statutory obligations applicable to Galaxy’s EOR and payroll services.Supporting Businesses, Employees and ContractorsThe stablecoin payment capability is intended to support three key groups:Businesses — providing eligible clients with an additional channel to fund approved cross-border payroll and workforce-related payments.Employees — enabling eligible employees, where legally and operationally permitted, to access approved stablecoin payment options while maintaining the required payroll, tax and statutory employment records.Contractors — supporting eligible contractor payments through approved stablecoin channels, subject to appropriate contractual and compliance requirements.Building the Next Generation of APAC Workforce InfrastructureFounded in 2013, Galaxy has built its business around helping international companies manage employment, payroll and workforce operations across Asia-Pacific. The Group provides EOR, global payroll, HR outsourcing, company formation, accounting and cross-border compliance services.The introduction of stablecoin payment support represents another step in Galaxy’s development of flexible payment and workforce infrastructure for companies operating across borders.Galaxy expects to introduce the capability progressively beginning in September 2026, with availability determined by jurisdiction, client requirements, worker eligibility, supported payment channels and applicable regulatory requirements.Further information regarding supported stablecoins, payment procedures, eligibility and geographic availability will be provided through Galaxy’s official channels.About Galaxy Payroll Group LimitedGalaxy Payroll Group Limited (Nasdaq: GLXG) is a Hong Kong-based professional services group specializing in Employer of Record (EOR), global payroll, HR outsourcing, company formation, accounting and cross-border compliance services.Galaxy supports international companies expanding across Asia-Pacific by providing employment infrastructure and regulatory support, enabling businesses to hire and manage workforces across multiple jurisdictions.Media and General Enquiries Galaxy Payroll Group Limited Nasdaq: GLXG Email: info@galaxyapac.com Website: galaxyapac.comForward-Looking StatementThis press release contains forward-looking statements within the meaning of applicable securities laws. These statements are based on current expectations and assumptions and are subject to risks and uncertainties that could cause actual results to differ materially. Forward-looking statements in this press release include statements regarding the expected launch, availability and functionality of Galaxy’s stablecoin payment capability, anticipated customer and worker adoption, and the potential benefits of stablecoin-enabled payments. Factors that could cause such differences include, but are not limited to, changes in applicable laws and regulations, financing conditions, jurisdictional restrictions, market conditions, customer demand, operational and technological challenges, and Galaxy’s to implement and expand the stablecoin payment capability as planned. Galaxy undertakes no obligation to update forward-looking statements except as required by law.Important NoticeStablecoin payment services and availability may vary by jurisdiction and are subject to applicable laws, regulations, compliance requirements, eligibility criteria and Galaxy’s internal policies. Nothing in this announcement constitutes financial, investment, legal or tax advice, or an offer, solicitation or recommendation to acquire, hold or transact in any digital asset. Stablecoins may involve technology, counterparty, liquidity, regulatory and other risks. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Sunshine Insurance Delivers Strong Digital-Intelligence Transformation Results, as Technology Empowerment Steps into a Greater Level

HONG KONG, Sept 2, 2026 - (ACN Newswire via SeaPRwire.com) - The competitive logic of the insurance industry has shifted from scale expansion to value cultivation. Against this backdrop, the role of technology has also been elevated from efficiency-enhancing tools to a strategic foundation for navigating economic cycles. As a leading privately owned insurance group in China, Sunshine Insurance (6963.HK) has released its interim results, which not only demonstrate solid financial performance but also clearly outline a digital-intelligence transformation path driven by the dual engines of “robot engineering” and “data engineering”.As of June 30, 2026, Sunshine Insurance recorded gross written premiums (“GWPs”) of RMB90.91 billion, up 12.5% year-on-year, with net profit attributable to equity owners of the parent rising 38.5% to RMB4.69 billion. The value of new business in life insurance business increased by 16.4%, while the property and casualty insurance business optimized the underwriting combined ratio to 98.7%. Behind these numbers, a deep-seated technological transformation spanning sales, services and management is unlocking sustained momentum.Sales Revolution: From “Human-Only” to “Human-Machine Collaboration”The traditional insurance industry has been heavily reliant on human resources, where the capability ceiling of the sales force often defines the upper limit of business growth. Sunshine Insurance is now breaking this constraint through AI agent technology.On the life insurance side, sales robots have been deeply embedded across the entire customer engagement lifecycle. According to the Company, the robot is powered by 13 AI agent platforms and nearly 100 vertical AI agents, covering 7 major categories and 60 to 70 sub-scenarios in life insurance sales. The system leverages big data to precisely generate customer profiles, automatically produce personalized marketing plans and communication strategies, and identify customer conversion intent in real time during interactions. As of the end of the Reporting Period, the robot has completed 263,000 instances of assisted customer management, achieving cumulative converted standard premiums exceeding RMB30 million. On the agency-team side, monthly customer outreach and face-to-face visits by marketers rose by more than 20%, the policy addition rate for existing clients climbed by 12%, and the new-agent policy-writing rate more than doubled. This means frontline agents have gained a reliable “digital advisor”, enabling systematic improvements in their operational efficiency and specialization.Practices in the property and casualty insurance segment have achieved greater scale deployment. Leveraging predictive models, the telesales assistant robot covers approximately 200,000 customer leads daily and steadily supports the daily operations of more than 2,000 agents, delivering a shift from a “scatter-gun approach” to “precision targeting”. Furthermore, the renewal prediction model, based on 75 factors, enables high-precision prediction of the renewal probability for each auto insurance customer. It supports automated quotation and differentiated operation, transforming in-depth cultivation of existing clients from experience-driven to algorithm-driven operations.“Autopilot” Moment for the Claims Value ChainClaims handling constitutes the most critical touchpoint of insurance service experience and a core link in operating costs. Sunshine Insurance’s “claims service robot” is driving automation across this sophisticated workflow.At present, the robot has expanded its service scope from auto insurance to third-party claims, bodily injury, and non-auto health and accident insurance. In the first half of the year, it served 1.09 million customers, provided over 400,000 intelligent assisted responses, and achieved a customer satisfaction rate of 98%. Notably, with the robot proactively tracking vehicle repairs and injury recovery status, the average claim settlement cycle for served customers has been shortened by 10 days. In non-auto insurance lines, such as the student safety insurance and supplementary medical insurance, pilot programs for end-to-end automated processing were launched through multi-agent collaboration. On the loss-adjustment side, pilot programs have been launched for intelligent assessment of minor vehicle damage claims. Robots can autonomously guide customers through the document upload process. The full behavioral trajectory from claim reporting to settlement can be traced via the operations monitoring platform, laying a data foundation for continuous optimization of claims service. This represents more than efficiency gains; it signifies a redefinition of service standards.Management Empowerment: Dual Leaps from Actuarial Pricing to Frontline ExecutionBeyond optimizing “the last mile” customer experience, intelligent transformation on Sunshine Insurance’s management side is reshaping the underlying operational capabilities and frontline execution of the insurance business.Risk pricing sits at the core of insurance operations. Built on its “data engineering” foundation, Sunshine Insurance is revamping this core competency. The auto insurance risk pricing robot has completed the construction of a dataset covering the entire process of quoting, underwriting, and claims settlement, reducing data preparation time from 5 days to 1 day and shortening time required to detect anomalies cycle from 8 hours to 1 hour. A closed-loop capability of “automated anomaly inspection + model simulation verification + dynamic solution output” was preliminarily established, enabling actuarial pricing to leap from quarterly-level responses to nearly real-time dynamic adjustments.Meanwhile, the Group has established an integrated plan covering data collection, database construction and data application, and deeply integrated 20 strategic data engineering projects into key business areas. Such foundational investments are transforming data from static resources into fluid, insight-generating strategic assets.In addition, Sunshine Insurance has extended its management reach to the front-line grassroots level. The four-tiered branch management robot empowers grassroots through intelligent agents such as “AI Little Tabulator, AI Little Advisor, and AI Little Designer”. Managers can complete the entire process of tabulation, data querying, and attribution through natural language processing. To date, this system has been deployed across 820 four-tiered branches nationwide, with a cumulative total of 621,000 pushes in the first half of the year. It has standardized and automated management processes that previously relied on manual experience, allowing grassroots managers to conduct routine management analysis at lower cost and greater speed.ConclusionFrom human-machine collaboration at the sales frontline, to the automated restructuring of the reimbursement cycle, and further to the systematic upgrade of actuarial pricing and grassroots management, Sunshine Insurance’s technology deployment has moved beyond the initial phase of process digitalization and entered a phase of deep, coordinated advancement characterized by a multi-intelligent agent architecture and dynamic closed-loop data.As China’s insurance industry enters a critical period of high-quality development, Sunshine Insurance’s practice offers a valuable reference case: the barriers to technology adoption are diminishing, and the true differentiator lies in the depth of integration between technology and core business scenarios, as well as the efficiency with which it transforms the operating value chain. An insurance group with total assets of over RMB700 billion has begun recalibrating its strategic direction through data and algorithms, and its next-phase growth trajectory warrants re-evaluation from multiple dimensions. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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45th Watch & Clock Fair and 14th Salon de TIME open today ACN Newswire

45th Watch & Clock Fair and 14th Salon de TIME open today

HONG KONG, Sep 1, 2026 - (ACN Newswire via SeaPRwire.com) - The 45th Hong Kong Watch & Clock Fair and the 14th Salon de TIME, jointly organised by the Hong Kong Trade Development Council (HKTDC), Hong Kong Watch Manufacturers Association Limited and The Federation of Hong Kong Watch Trades & Industries Limited, open today under the theme “Sparkling Moments Through Time”. The twin fairs have attracted more than 630 exhibitors from 16 countries and regions, creating the world's largest one-stop watch and clock marketplace. The 45th HKTDC Hong Kong Watch & Clock Fair and the 14th Salon de TIME opened today. Guests at the opening ceremony included Algernon Yau (centre), Secretary for Commerce and Economic Development of the Hong Kong SAR Government; Sophia Chong (fourth from the right), HKTDC Executive Director; SK Chong (first from the right) and Frankie Lam (first from the left), Co-Chairmen of HKTDC Hong Kong Watch & Clock Fair 2026 Organising Committee; and various industry representativesThe physical fairs are taking place at the Hong Kong Convention and Exhibition Centre (HKCEC) for five consecutive days from 1 to 5 September. Meanwhile, the Click2Match AI-powered business matching platform will remain open until 12 September, allowing exhibitors and buyers worldwide to continue their business discussions online.The Hong Kong Watch & Clock Fair showcases a wide variety of exquisitely crafted timepieces, accessories and components, offering a one-stop sourcing and trading platform for global buyersSalon de TIME will once again open to both industry professionals and the public for free. Selected brands will offer on-site retail sales, allowing visitors to purchase their favourite timepieces during the fair.A “Time Tunnel” has been specially created to celebrate the 45th edition of the Hong Kong Watch & Clock Fair, allowing visitors to revisit three key stages in the fair’s development since its inception in 1982The fairs officially opened today with an opening ceremony officiated by Algernon Yau, Secretary for Commerce and Economic Development of the Hong Kong SAR Government. Joining him were Sophia Chong, Executive Director of the HKTDC, and SK Chong and Frankie Lam, Co-Chairmen of the HKTDC Hong Kong Watch & Clock Fair Organising Committee 2026.Speaking at the ceremony, SK Chong said: “This year marks the 45th edition of the Hong Kong Watch & Clock Fair, a remarkable milestone for both the fair and Hong Kong’s watch and clock industry. The fair boasts a truly international line-up featuring strong global participation, including group pavilions from Francéclat, the Swiss Independent Watchmakers Pavilion, Guangzhou and Taiwan, as well as a first-time pavilion from Hengyang, Hunan province. In addition, we are pleased to welcome new exhibitors from Norway, Singapore and the US, further reinforcing Hong Kong’s position as a premier international trading hub for the global watch industry.”HKTDC Executive Director Sophia Chong said: “Amid the ongoing reconfiguration of global supply chains and changing market demand, the Hong Kong Watch & Clock Fair and Salon de TIME continue to provide the industry with an efficient business platform. By leveraging Hong Kong’s unique strengths as a superconnector and super value-adder, we help enterprises explore new markets and seize emerging opportunities. The fairs also support the watch and clock industry in moving up the value chain and strengthening brand development, further reinforcing Hong Kong’s leading position as an international hub for watch and clock trade.”“Time Tunnel” celebrates 45th edition-Salon de TIME reaches a new highThe Hong Kong Watch & Clock Fair features multiple thematic zones covering every segment of the watchmaking value chain. Among them, Pageant of Eternity showcases premium finished watches from original equipment manufacturers (OEMs) and original design manufacturers (ODMs).One exhibitor, Time Grand Ltd, a Hong Kong company with more than 20 years of industry experience, provides product development, engineering design and manufacturing services for watch brands worldwide. The company also collaborates with Swiss watchmaking enterprises to offer one-stop watch production solutions, highlighting Hong Kong's strengths in connecting local expertise with international markets.Other exhibition zones cover a comprehensive range of products and services, including Complete Watches, Clocks, Machinery & Equipment, Packaging & Display, Parts, Components & Accessories, offering buyers a convenient one-stop sourcing platform.A “Time Tunnel” has been specially created to celebrate the 45th edition of the Hong Kong Watch & Clock Fair, allowing visitors to revisit three key stages in the fair’s development since its inception in 1982:- 1980s to 1990s: The fair became a premier global sourcing platform for the watch and clock industry.- 2000s to 2020s: As Hong Kong’s watch industry evolved from OEM manufacturing to brand development, the fair became a professional platform for promotion, networking and industry exchange.- From 2020 onwards: The fair has further integrated manufacturing, sourcing and brand promotion, while expanding through cross-sector collaboration into a multifaceted platform that brings together craftsmanship, design, technology, lifestyle, culture and consumer engagement.Salon de TIME has reached a new record this year, attracting more than 150 watch brands from around the world. The event features six thematic zones, including Microbrands, where both the number of participating countries and regions and the number of brands have more than doubled compared with last year.A longstanding highlight of the fair, the World Brand Piazza returns for its 16th consecutive year, in collaboration with Prince Jewellery & Watch, showcasing luxury creations from six internationally renowned watch brands: Baume & Mercier, Corum, DeWitt, Franck Muller, Montblanc and Sarcar.Other themed zones include Chic & Trendy, Craft Treasure, Renaissance Moment and Wearable Tech.This year's exhibitors are introducing distinctive new timepieces that reflect the latest market trends, leveraging the fair to gain exposure and capture new orders.Featured innovative watches include:Sports and outdoor trends drive demand for professional timepiecesTo capitalise on the growing popularity of sports and outdoor lifestyles, exhibitors are showcasing professional sports watches that blend practicality with style.- EDOX presents the “The Water Champion” Delfin 1973 Automatic, featuring a double O-ring crown and pusher system that enhances water resistance to 200 metres. (Booth: 3F-H20)- Making its debut at the fair, Norwegian brand Micromilspec showcases the MILGRAPH, a timepiece developed for special operations forces. Its offset crown design helps reduce the risk of wrist injuries, while the QuadGrip bezel ensures easy operation even when wearing full tactical gear. (Booth: 3F-F22)- A variety of brands are also introducing sports and outdoor performance watches, including ALBA and LORUS by Seiko (Booth: 3G-E18), CAUGHT (Booth: 3F-D05), Quantum (Booth: 3G-C03), SPINNAKER (Booth: 3G-D02) and Slazenger (Booth: 3G-C03).Sustainability trend drives growth in eco-friendly timepiecesAs environmental protection and corporate social responsibility (ESG) continue to gain importance, the fair once again highlights exhibitors offering sustainable watch products through its Green Solutions Suppliers label, making it easier for buyers to identify environmentally conscious suppliers.- Local microbrand Sunrex showcases the Sunrex 611, powered by the brand’s proprietary VILUMINUS™ solar movement. Equipped solely with a solar-powered battery, the watch harnesses light as its energy source and continues to operate even in the absence of light. (Booth: 3F-F17)- Microbrand Robotfigs presents the Cubot watch, crafted from upcycled materials such as metal wires, copper and acrylic. Transforming everyday surplus materials into imaginative robot-inspired creations, each watch comes with a dedicated robot display stand and three exclusive designer toy accessories: a baseball bat, skateboard and dumbbell, redefining the concept of a “time companion”. (Booth: 3F-H24)- Several exhibitors are also showcasing environmentally friendly watches and accessories, including Hip Shing Leather Watch Straps Mfy Ltd (Booth: 1B-C35) and Gordon C & Co Ltd. (Booth: 1E-C09).Cross-sector collaborations and limited editions appeal to niche consumer segmentsMany brands are enhancing the value and artistic appeal of their timepieces through cross-industry collaborations and limited-edition releases.- LINK2CARE has partnered with Swiss watch brand MARVIN to launch a luxury smartwatch featuring a fishing-inspired relief dial and a bi-directional mechanical gear system that showcases MARVIN’s exquisite watchmaking craftsmanship. The watch features LINK2CARE’s patented leather strap, which incorporates medical-grade vital signs sensors, enabling wearers to monitor their health. (Booth: 3G-A07)- Memorigin presents the “Verdant Resonance Tourbillon Watch”, featuring a luminous carbon-fibre case designed to evoke the glow of fireflies under the night sky. A three-dimensional guzheng-inspired small-seconds display at the 9 o’clock position, complemented by green luminous incense-burner motifs, recreates the elegant atmosphere of traditional Chinese scholars’ gatherings. (Booth: 3F-C05)- The Swiss Independent Watchmakers Pavilion showcases the “Corleone Mini Collection” by Pilo & Co Genève, created to celebrate the brand’s 25th anniversary. Reinterpreting the classic Corleone design as a ladies’ watch, each colour variant is limited to just 10 pieces, making it highly collectible. (Booth: 3F-H07).Microbrands win over younger consumers with creative designsIn recent years, microbrands have emerged as a new force in the watch industry, attracting younger consumers with their distinctive designs and competitive pricing.- Making its debut at the fair, US brand BREDA is showcasing the “Pulse Locket” Gold and Metal Bracelet Watch. Featuring a unique locket-style design, the watch dial remains concealed when closed and is revealed only when the wearer chooses to open it. (Booth: 3F-D16)- Other participating microbrands include CIMIER (Booth: 3F-H26), Fayy (Booth: 3F-G19), Leger A. Fah (Booth: 3F-H20), No Identity (Booth: 3F-H25), AISION (Booth: 3F-H20), INANLOU (Booth: 3F-F15), as well as the strap-focused microbrand Monves (Booth: 3F-F16).Exciting activities open to the publicSalon de TIME will present a wide range of signature activities and watch showcases open to the public. On 4 September, renowned watch artist and collector Labeg will host a workshop on crafting watch models from corrugated cardboard.A special “Time Arena” zone has also been introduced this year, blending sports and fine timepieces to offer visitors a fresh, interactive experience. One highlight, “Watch2Care Smart x Lifestyle Experience Days”, will take place from 4 to 5 September and feature a variety of hands-on activities, including yoga and mobility training sessions. Visitors can try their hand at pickleball, one of the fastest-growing sports in recent years.Other highlights include a series of watch parades and new product launch events. Memorigin will welcome several celebrity guests, including celebrity Vic Teo, Hong Kong basketball star Alfred Wong Lut Yiu, and renowned face-changing performer Hathor Wai. A lucky draw will be held daily throughout the fair, offering visitors the chance to win premium watches.Industry leaders share insights on market trendsThis year’s Hong Kong Watch & Clock Fair features more than 40 events, including forums, seminars and networking sessions designed to foster industry exchange and knowledge sharing.The Hong Kong International Watch Forum, held today, brought together leaders of watch associations from the Chinese Mainland, Germany, France, Switzerland, Japan and Korea to share the latest trade statistics and industry developments in their respective markets. Discussions also explored new opportunities arising from integrating traditional watchmaking craftsmanship with emerging technologies.The Asian Watch Conference, to be held tomorrow (2 September), will be themed “Hong Kong as the hub of International Watch Trades”. The conference will feature a senior analyst from international research firm Euromonitor International (Hong Kong), who will provide insights into the latest developments in the global watch market. Representatives from online watch resale platform Chrono24 will discuss how to connect with demand across global markets, while a representative from Lazada Hong Kong will share strategies for leveraging e-commerce platforms to accelerate market expansion.On 3 September, FIYTA will hold an aeronautics launch event for a watch specially designed in honour of Lai Ka-ying, Hong Kong’s first female payload specialist. The company’s Chief Designer, Sun Lei, will also share the inspiration and design concepts behind the timepiece.Also taking place that day is the Tick-Tock Showtime: The Media Spotlight Pitch, jointly organised by Watch CataVlog. The event will feature presentations by 10 microbrands, with a judging panel comprising media representatives from Indonesia, the Middle East and Hong Kong, each selecting their favourite brand.On 4 September, the seminar “Off the Beaten Path: Indie Watchmakers vs. Independent Brands – Trends & Trajectories” will explore the distinctions, evolution and future trends of independent watchmaking and independent brands. Speakers include Noel Wong, Founder of Watch The World, Watch Collector & Discerning Commentator; Benjamin Hui, Watch Collector & Founder of Independent Watcher; and Lu Jinzhi, Chairman of ZBIOLAND.Throughout the fair, watch brands including Watch2Care, SAGA, Peacock, Sea-Gull, Shanghai Watch, Franck Muller, Quantum and INANLOU will host a series of new product launch events, unveiling their latest timepieces to an international audience.The 43rd Hong Kong Watch & Clock Design Competition, jointly organised by the HKTDC, the Hong Kong Watch Manufacturers Association Ltd and the Federation of Hong Kong Watch Trades & Industries Ltd, aims to promote watch design exchange and nurture local talent. This year, the themes for the Open Group and Student Group are “Transcending Time” and “Contours of the Breeze” respectively. The competition will continue to feature The Made-to-Sell Award, recognising student entries with outstanding commercial potential. The award presentation ceremony will be held on 5 September at the fair’s event stage, with celebrity Joey Thye attending as a guest.In addition, CENTRESTAGE, another flagship event organised by the HKTDC, will be held at the Hong Kong Convention and Exhibition Centre from 2 to 5 September. Bringing together fashion brands and designer collections from around the world, the event will create strong synergies with the watch fairs and offer visitors a one-stop destination to source prestigious timepieces and stylish fashion apparel from across the globe.Photo download: https://bit.ly/3UOXqBYThe 45th HKTDC Hong Kong Watch & Clock Fair and the 14th Salon de TIME opened today. Guests at the opening ceremony included Algernon Yau (centre), Secretary for Commerce and Economic Development of the Hong Kong SAR Government; Sophia Chong (fourth from the right), HKTDC Executive Director; SK Chong (first from the right) and Frankie Lam (first from the left), Co-Chairmen of HKTDC Hong Kong Watch & Clock Fair 2026 Organising Committee; and various industry representativesThe Hong Kong Watch & Clock Fair showcases a wide variety of exquisitely crafted timepieces, accessories and components, offering a one-stop sourcing and trading platform for global buyersA “Time Tunnel” has been specially created to celebrate the 45th edition of the Hong Kong Watch & Clock Fair, allowing visitors to revisit three key stages in the fair’s development since its inception in 1982Salon de TIME features over 150 international brands and comprises six major themed zones, all of which are open to the publicSponsored for the 16th consecutive year by Prince Jewellery & Watch, the World Brand Piazza showcases six world-class watch brandsThis year’s Salon de TIME features a strong lineup of Guochao-inspired brands and Chinese watchmakers, showcasing their craftsmanship and creativity. Among them is Zbioland, which presents the Barcelona ZBL1009 timepiece. The watch is powered by the brand’s first in-house developed Calibre 961 movement and draws inspiration from the works of renowned Spanish architect Antoni Gaudí, reflecting distinctive architectural aesthetics in its designThis year's exhibition features an impressive collection of award-winning timepieces. Among them is CIGA Design's AVENTUR·Blue Planet, which features a three-dimensional rotating globe on the dial. The watch was honoured with the “Challenge Watch Prize” at the 2021 Grand Prix d'Horlogerie de Genève (GPHG), widely regarded as the "Oscars" of the watchmaking industryDuring the fair period, a series of watch launch events and watch parades are being held, featuring models showcasing exquisite timepieces and bringing these remarkable creations to life on the runwayThe winning and shortlisted entries of the 43rd Hong Kong Watch and Clock Design Competition are currently on display in the foyer of Hall 1, showcasing local creative talentMedia enquiriesPlease contact the HKTDC’s Communications & Public Affairs Department:Johnny TsuiTel: (852) 2584 4395Email: johnny.cy.tsui@hktdc.orgWebsitesHong Kong Watch & Clock Fair: https://www.hktdc.com/event/hkwatchfair/enSalon de TIME: https://www.hktdc.com/event/te/enHKTDC Media Room: mediaroom.hktdc.comAbout 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
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World No.1 with 56% Profit Surge: Saint Bella Redefines Family Care Economics ACN Newswire

World No.1 with 56% Profit Surge: Saint Bella Redefines Family Care Economics

HONG KONG, Sep 2, 2026 - (ACN Newswire via SeaPRwire.com) - Postpartum care has historically presented a challenging unit economic profile: low purchase frequency, high labor intensity, and significant execution friction across regions. Constrained by these structural headwinds, most industry operators operate near break-even levels.Saint Bella Group (2508.HK), the world’s largest postpartum care provider by market share, has delivered a set of interim financial results that defies these broader sector dynamics. During the first half, profit growth significantly outpaced top-line expansion—demonstrating strong operational leverage.Five core financial metrics outline the mechanics driving this margin expansion:Revenue and Adjusted Profit Growth: H1 revenue grew 36.0% year-on-year (YoY) to RMB 611 million. Adjusted net profit surged 56.2% YoY to RMB 60.58 million, driving adjusted net margin up to 9.9%. Profit growth outstripped top-line gains as fixed-cost absorption improved.Core Brand Expansion (ASP up 15.9% to RMB 171,000): Across its brand portfolio—Saint Bella, Bella Isla, and Baby Bella (spanning ultra-luxury to upper-mid tiers)—group-wide average selling price (ASP) rose 15.9% YoY to RMB 171,000. Pricing power across core brands expanded despite broader macroeconomic discounting pressures in consumer services.Lifecycle Diversification: Postpartum care revenue grew 31.4% YoY to RMB 508 million. Non-postpartum, full-lifecycle services and products increased their revenue share to 31.5%, led by a 59.1% YoY surge in family care services and a 44.4% YoY gain in women’s health nutrition.Customer Lifetime Value (LTV) & Retention Metrics: The repeat-purchase conversion rate across non-postpartum offerings reached a record 96.3%. Conversion from core postpartum care to STB postpartum recovery services reached 94%. Average contract duration for family care extended to 169 days with a 57% renewal rate, indicating a transition from transactional engagements to multi-period recurring revenue.Global Footprint, Consolidation & AI Monetization: Operating centers in New York, Bangkok, and Singapore expanded operations, driving overseas revenue up 244% YoY. The acquisition of Wuhan-based Freya closed during the period. Proprietary AI agents generated RMB 6.9 million in revenue, marking initial financial validation for the group's technology stack.These operational data points signal a fundamental strategic shift: Saint Bella is transitioning from single-event postpartum care delivery to managing long-term customer lifetime value (LTV) across multiple brands and environments. While traditional peers remain focused on local bed-capacity competition, the industry leader is restructuring its growth flywheel.Core Operations: ASP Expansion, Penetration, and M&APostpartum care remains Saint Bella’s foundational anchor and primary customer acquisition channel, generating RMB 508 million in H1 revenue (+31.4% YoY). Across its tiered multi-brand structure—Saint Bella, Bella Isla, and Baby Bella—group ASP increased 15.9% YoY to RMB 171,000. Delivering simultaneous volume and price growth sets the group apart in a consumer sector currently marked by price-cutting.Top-line performance is backed by deep service attach rates and high retention. During the reporting period, 94% of postpartum care clients cross-purchased STB postpartum recovery services. With overall repeat-purchase conversion reaching 96.3%, brand equity continues to reinforce customer retention.Saint Bella is executing a dual organic and inorganic growth strategy. The strategic acquisition of Freya—a premium maternal and infant care operator in Wuhan—added three standalone centers, 160 beds, and approximately 10,000 high-net-worth members, resolving a strategic coverage gap in central China. By integrating its standardized operational workflows and higher-margin recovery services into Freya’s network, Saint Bella expects near-term scale efficiencies. As of H1, Saint Bella’s global footprint stood at 148 operating centers.Strategic Pivot: Capturing Full-Lifecycle Customer ValueWhile postpartum care acts as an efficient acquisition vector, full-lifecycle services drive long-term monetization.The Group's monetization sequence follows a structured funnel:Initial Acquisition & Trust: High-net-worth clients enter the funnel through premium postpartum care, establishing foundational brand trust.Postpartum Recovery Cross-Sell: STB services extend engagement beyond the standard 28-day stay, capturing spend across the full physiological recovery cycle.Family Care Retainers: Yujia’s age-tiered early childhood development framework (ages 0–3) extends average contract duration to 169 days, achieving a 57% renewal rate.Health & Nutrition Recurrence: Women’s health nutrition transitions the engagement model into high-frequency, mid-ticket daily wellness spending.This multi-stage model is driving tangible financial shift. Outpacing the core postpartum segment, family care revenue rose 59.1% YoY while health nutrition grew 44.4% YoY, driving non-postpartum revenue to 31.5% of total revenue. Furthermore, the addition of Freya’s ~10,000 member base provides an immediate addressable pool for cross-selling.Scalable Infrastructure: Global Network, Specialized Talent, and AI ExecutionExecuting this expanded service coverage across geographies relies on three key operational pillars: skilled labor supply, international distribution, and standardized quality controls.Talent Development: The group’s certified family care specialist pool reached 11,495 headcount, adding 1,995 newly certified specialists in H1 (+42% vs. H2 of the prior year). In a labor-intensive sector, maintaining a deep talent bench is essential for cross-regional scaling and quality assurance.Global Footprint & Strategic Partnerships: Operating 148 centers worldwide, international sites in New York, Bangkok, and Singapore are progressively scaling operations. Complementing center-based models, an overseas in-home care program drove a 244% YoY increase in international revenue.To accelerate global expansion, Saint Bella entered into a strategic partnership with L Catterton, the consumer-focused private equity firm backed by LVMH. The partnership drives co-developing international market opportunities, introducing global brands, acquiring cross-border talent, and sourcing target M&A candidates.Proprietary AI Deployment: "Dr. Bella," the group's proprietary domain-specific large language model, is deployed across 60+ affiliated brands and 207 postpartum centers. The system automates clinical consultations, dynamic care plan generation, and customer management.AI-driven operations generated RMB 6.9 million in revenue during H1, validating initial technology commercialization. Over the longer term, codifying human service expertise into scalable software protocols enhances cross-center operational consistency and lowers asset-light expansion costs.OutlookMarket leadership in the family care sector is shifting away from pure center footprint expansion. Future enterprise value will accrue to platforms capable of establishing early client trust, extending service lifecycles, and standardizing service delivery through digital technology and trained talent pools.According to Frost & Sullivan, Saint Bella ranked first globally by revenue in 2025, capturing a 0.5% market share—leading the second-largest operator by over 47%.While legacy operators remain focused on single-center economics, Saint Bella is leveraging high-end postpartum care as a customer acquisition bridge—building a full-lifecycle, omni-channel family care platform with defensible competitive moats. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Cornerstone Robotics Announces Strategic Partnership with Medtronic to Expand Global Access to Robotic-assisted Surgery ACN Newswire

Cornerstone Robotics Announces Strategic Partnership with Medtronic to Expand Global Access to Robotic-assisted Surgery

HONG KONG, Sep 1, 2026 - (ACN Newswire via SeaPRwire.com) - Cornerstone Robotics, an innovative surgical robotics company founded and headquartered in Hong Kong, today announced a strategic partnership with Medtronic (NYSE: MDT), a global leader in healthcare technology. As part of the partnership, Medtronic will make an approximately US$700 million strategic investment in Cornerstone Robotics and have rights to distribute Cornerstone Robotics’ SentireTM surgical system in select markets outside the U.S. where the system is market approved.A Shared Vision: Bridging the Global Access Gap in Minimally Invasive CareWith robotic-assisted surgery adoption still in single digits globally, the opportunity to make advanced surgical care accessible to more patients, physicians, and health systems around the world is significant.Addressing this market requires both continuous technical innovation and strong market scaling capabilities. By aligning Cornerstone Robotics’ technology with Medtronic’s comprehensive global presence, the two companies aim to make high-quality robotic-assisted surgery accessible to more patients worldwide.A Strategic Alignment: Scaling Technology Solutions to Reach More PatientsCornerstone Robotics has established a strong strategic foundation through its full-stack in-house R&D and vertically integrated paradigm. By independently developing its core hardware, control software, advanced algorithms, and proprietary imaging and energy platforms, Cornerstone Robotics maintains substantial control over product integration, quality, and supply chain resilience. This underpins the exceptional stability and high-fidelity performance of the Sentire surgical system in demanding clinical environments.In 2024, Cornerstone Robotics’ Sentire surgical system received National Medical Products Administration approval in China. In May 2026, Sentire surgical system received CE Mark in the European Union and approval from Singapore Health Sciences Authority, both covering minimally invasive general, gynecologic, thoracic, and urologic surgical procedures.“This partnership marks an important step in advancing access to robotic-assisted surgery around the world,” said Professor Kwok Wai Samuel AU, Founder and CEO of Cornerstone Robotics. “There remains a significant gap between the growing demand for minimally invasive surgery and the availability of robotic-assisted surgical technologies. At Cornerstone Robotics, we have built a strong foundation through full-stack in-house R&D and vertical integration, enabling us to continuously advance the core technologies of surgical robotics. Our partnership with Medtronic positions us to further accelerate and scale our work to bring the benefits of robotic-assisted surgery to more surgeons and patients around the world.”“This investment and distribution agreement strengthens Medtronic’s ability to further expand access to minimally invasive surgery to more patients around the world. We’re excited to bring more choice in robotics, and Sentire is a strong complement to our Hugo platform," said Matt Anderson, Senior Vice President and President, Surgical at Medtronic.The partnership marks a significant milestone for both companies to collaboratively advance their shared mission of making robotic-assisted surgery more accessible worldwide.AdvisorsKirkland & Ellis and Global Law Office are acting as legal counsel to Cornerstone Robotics. Morgan Stanley & Co. LLC is serving as exclusive financial advisor to Medtronic, and Cleary Gottlieb Steen & Hamilton LLP is serving as lead legal counsel.About Cornerstone RoboticsFounded and headquartered in Hong Kong, Cornerstone Robotics is an innovative surgical robotics company driven by the vision of leading medical innovations for a healthier world. We advance surgical care with cutting-edge robotic systems that make high-quality healthcare more accessible and efficient globally. With three global R&D hubs and six business centres worldwide, Cornerstone Robotics has established a 30,000-square-meter manufacturing facility in China. Developed entirely in-house, our SentireTM surgical system has completed multi-specialty clinical trials and received market approval across China, the European Union and Singapore, advancing high-quality surgical care worldwide.To find out more information, please visit https://en.csrbtx.com/ and follow us on LinkedIn.About MedtronicBold thinking. Bolder actions. We are Medtronic. Medtronic plc, headquartered in Galway, Ireland, is the leading global healthcare technology company that boldly attacks the most challenging health problems facing humanity by searching out and finding solutions. Our Mission — to alleviate pain, restore health, and extend life — unites a global team of 95,000+ passionate people across more than 150 countries. Our technologies and therapies treat 70 health conditions and include cardiac devices, surgical robotics, insulin pumps, surgical tools, patient monitoring systems, and more. Powered by our diverse knowledge, insatiable curiosity, and desire to help all those who need it, we deliver innovative technologies that transform the lives of two people every second, every hour, every day. Expect more from us as we empower insight-driven care, experiences that put people first, and better outcomes for our world. In everything we do, we are engineering the extraordinary. For more information on Medtronic, visit www.Medtronic.com and follow on LinkedIn. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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