Everest Medicines Reports 1H 2026 Results, Enters New Phase as Growth Accelerates and Innovation Gains Momentum ACN Newswire

Everest Medicines Reports 1H 2026 Results, Enters New Phase as Growth Accelerates and Innovation Gains Momentum

HONG KONG, August 19, 2026 - (ACN Newswire via SeaPRwire.com) - Everest Medicines (01952.HK) announced its interim results for the six months ended June 30, 2026. Everest delivered strong growth and reached an important profitability milestone in the first half of 2026. Total revenue increased 157% year-on-year to RMB 1.148 billion, driven by continued commercial momentum across the company’s portfolio. Gross margin excluding non-cash items reached 73.7%, while operating expenses as a percentage of revenue decreased by 64.0 percentage points year-on-year, reflecting increasing operating leverage and execution efficiency.From the first-half results, the company’s growth drivers are broadening beyond the commercialization of core products to include portfolio expansion, monetization of innovative assets, and global expansion.In the first half of 2026, the company achieved non-IFRS net profit of RMB 97.23 million, while IFRS net loss narrowed by 98% year-on-year. Everest ended the period with RMB 1.859 billion in cash. Following the reporting period, the company received approximately RMB 770 million in July from the upfront payment under its global licensing and collaboration agreement for civorebrutinib, further strengthening its financial position and capacity to invest in future growth.Mr. Yifang Wu, Chairman of the Board of Everest Medicines, said: “Everest Medicines has entered a new phase of development as an innovation-driven, integrated biopharmaceutical company. Guided by our 2030 Strategy, we are strengthening our capabilities in innovation, commercialization, and global development, accelerating the realization of global value and laying a stronger foundation for sustainable, high-quality growth.”During the period, the company achieved profitability, while expanding its innovative pipeline and advancing its R&D programs. Through continued efforts to strengthen its BD capabilities, the company is developing a model that combines in-licensed and internally developed early-stage assets, exemplified by civorebrutinib (also known as EVER001), with internal incubation and development creating opportunities to out-license innovative assets and realize their value. At the same time, the company is bringing in high-quality mid- to late-stage assets, exemplified by NEFECON(R), while continuing to build its commercialization capabilities and generate further opportunities for BD partnerships. These efforts are enhancing the efficiency of innovation resource allocation and accelerating the translation of innovation into clinical and commercial value.Everest’s marketed portfolio continued to gain momentumNEFECON(R) maintained strong sales momentum. In the first half of 2026, sales revenue from NEFECON(R) reached RMB 889 million, with net sales increasing 94% year-on-year. Through deeper penetration across key hospitals, broader market expansion, enhanced physician and patient education, and continued generation of real-world evidence, Everest is supporting broader adoption of treatment strategies focused on addressing underlying causes, early intervention, and long-term management. Following approval, VELSIPITY(R) moved rapidly into commercialization, with local manufacturing progressing. XERAVA(R) delivered steady hospital sales growth, while local manufacturing advanced as planned. The company also reached an understanding with Hainan Herui Pharmaceutical Co., Ltd. regarding certain NEFECON(R)-related patent matters and entered into a commercialization collaboration for budesonide enteric capsules, further broadening treatment options for patients.Meanwhile, commercialization services for Hasten Biopharmaceuticals continued to contribute to revenue growth. Services for mature products under the CSO arrangement commenced in March 2026, generating RMB 145 million in service revenue and RMB 28 million in commercialization profit in the first half of the year.Mr. Rogers Yongqing Luo, Chief Executive Officer of Everest Medicines, said: “In the first half of 2026, the company continued to execute its strategy and accelerate the translation of innovation into clinical and commercial value. Solid progress across commercialization, BD, in-house R&D, and global expansion further strengthened our foundation for sustainable growth and our ability to bring innovative therapies to patients.Our BD strategy is building a diversified portfolio of future growth drivers through global partnerships for internally developed assets and selective in-licensing of differentiated innovative assets, while our in-house R&D continues to generate clinical progress. With the establishment of a pan-Asia-Pacific commercialization platform, we are also extending our proven capabilities from China into other Asian markets.”EVER001 global licensing deal expected to accelerate overseas developmentIn June, the company entered into an exclusive licensing and collaboration agreement with Travere Therapeutics, Inc. (NASDAQ: TVTX) for the development and commercialization of civorebrutinib (also known as EVER001) in all markets outside China and certain countries in East and Southeast Asia. The deal has a total potential value of up to $1.1425 billion, including an upfront payment of $112.5 million and up to approximately $1.03 billion in additional cash payments tied to specified clinical development, regulatory and commercial milestones across up to five indications. Travere will also pay tiered royalties on future sales in its licensed territories, ranging from high single-digit to double-digit percentages based on annual net sales thresholds.CICC believes the partnership is expected to accelerate the global clinical development and commercialization of EVER001 and could advance its development in membranous nephropathy. BOCOM International is positive on EVER001’s overseas market potential and its development opportunities across additional indications. EVER001 achieved positive 52-week Phase 1b/2a clinical results, and a Phase 2 basket trial has been initiated in China to further evaluate its potential in autoimmune kidney diseases, including FSGS, MCD, and IgAN.BD expansion further strengthens the product pipelineThe company continued to selectively introduce mid- to late-stage assets with strong commercial potential. MT1013, DMX-200, and Bejescin(R) strengthened its nephrology and autoimmune portfolio; CARDAMYST(R) and Sumecigrel (formerly known as Vicagrel) further expanded its cardiovascular portfolio; and LNZ100, together with VIS-101, enhanced its ophthalmology portfolio.With multiple assets moving through key regulatory and commercialization milestones, the company is building a diversified portfolio of future growth drivers. CARDAMYST(R) is expected to receive approval in the third quarter of 2026, LEROCHOL(R) and LNZ100 are expected to receive approval in 2027, and MT1013 is expected to receive approval in 2028.In-house R&D and pan-Asia-Pacific expansion advanceThe company’s in-house R&D also translated into clinical progress. The company’s proprietary AI+mRNA platform also advanced, with its personalized mRNA cancer vaccine EVM16 achieving its first-in-human clinical data readout and planned to enter an investigator-initiated Phase 1b study in the fourth quarter of 2026. EVM18, the company’s in vivo CAR-T therapy, has initiated IIT studies across multiple autoimmune diseases and is advancing toward global IND filings.The acquisition of Hasten Biopharmaceuticals (SG) Pte. Ltd. further strengthened the company’s global commercialization capabilities and established a pan-Asia-Pacific commercialization platform. The platform provides a foundation for scaling the company’s proven commercialization capabilities from China across Asian markets, supporting the regional expansion of both existing and future products.Meanwhile, CBC Group and the company’s Directors have collectively purchased 5.163 million shares since December 2025, with the transactions totaling more than HK$172.5 million, demonstrating their confidence in the company’s strategic direction and long-term prospects.Overall, Everest Medicines is gradually developing a growth model built on the commercialization of core products, portfolio expansion through BD, a pipeline of innovative assets generated through in-house R&D, and international expansion through global partnerships and its pan-Asia-Pacific platform. As the company enters its new phase, the coordinated strengthening of its capabilities in innovation resource integration, commercialization, and global development is expected to provide an important foundation for future growth. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Aurentis Capital Group Announces Technology-Driven Trading Platform for Global Markets ACN Newswire

Aurentis Capital Group Announces Technology-Driven Trading Platform for Global Markets

LONDON, Aug 19, 2026 - (ACN Newswire via SeaPRwire.com) - Aurentis Capital Group has announced a technology-driven trading platform designed to provide market participants with access to a range of global financial instruments through a streamlined digital environment.The platform is designed around the needs of traders seeking access to markets including equities, commodities, currencies and indices. Aurentis Capital said its approach combines market access with digital tools intended to support market monitoring, analysis and account management.Platform Designed for Multi-Asset Market AccessAurentis Capital Group's platform brings multiple financial markets together within a single trading environment. The offering is intended to allow users to monitor market movements, review positions and manage trading activity through digital devices.The company said the platform has been developed with an emphasis on accessibility and ease of use, with functionality available across desktop and mobile environments.Focus on Trading TechnologyThe platform incorporates market-monitoring and analytical functionality intended to support traders as they assess changing market conditions.Features include market data, charting capabilities and account-management tools. The company said the technology is intended to provide traders with a centralized environment for monitoring markets and managing their trading activity.Educational and Analytical ResourcesAlongside its trading technology, Aurentis Capital provides educational and analytical resources covering financial markets and trading-related topics.The resources are intended to support users in developing their understanding of market structure, trading strategies and risk-management principles. Educational materials may include market commentary, tutorials, analytical resources and other learning content, subject to availability through the platform.Risk and Market ConsiderationsTrading financial instruments, particularly leveraged products such as Contracts for Difference (CFDs), involves significant risk and may not be suitable for all investors. Market prices can move rapidly, and losses can occur. Depending on the product, leverage and applicable jurisdiction, losses may exceed the initial amount invested.Prospective clients should review the applicable product documentation, terms and risk disclosures before trading and should consider whether the products are appropriate for their individual circumstances. Where appropriate, independent financial advice should be obtained.About Aurentis Capital GroupAurentis Capital (https://aurentiscg.com) is a financial-services brand focused on providing technology-enabled access to global financial markets. The company develops its offering around digital trading infrastructure, market access and resources intended to support market participants.Media contactBrand: Aurentis Capital GroupContact: Media teamWebsite: https://aurentiscg.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Hong Kong emerges as top professional services platform for Mainland enterprises going global ACN Newswire

Hong Kong emerges as top professional services platform for Mainland enterprises going global

HONG KONG, August 18, 2026 - (ACN Newswire via SeaPRwire.com) - Mainland enterprises are now adopting increasingly comprehensive global business strategies when it comes to their international expansion plans. This has seen them targeting trade with the world’s most advanced economies, as well as with many of the Belt and Road Initiative (BRI) aligned territories and the key emerging economies. The dynamic evolution of their approach is highlighted by new research from the Hong Kong Trade Development Council (HKTDC), which also details the pivotal role Hong Kong plays in helping such businesses overcome a variety of related challenges, including shifting global trade policies, rising protectionism, and ongoing supply chain reconfigurations.In terms of the priorities of such globally-minded businesses, the HKTDC survey showed that 82% have plans in place to expand their existing overseas operations, while 63% are focused on developing new overseas business activities. In addition, some 54% plan to enhance their overseas sourcing operations, while 47% aim to expand their overseas sales networks, and 36% intend to enhance their overseas technology cooperation programmes.Highlighting the upside for Hong Kong, Bruce Pang, Director of HKTDC Research, said: “With the overseas expansion strategies of Mainland enterprises now extending to supply chain integration, cross-border investment and higher value-added business activities, the need for highly professional support services has continued to grow. As the first-choice professional services hub for the majority of the surveyed enterprises, Hong Kong’s unique connectivity and unrivalled expertise have ensured it is playing an ever more significant role in helping Mainland business seize global opportunities.“With many of these opportunities now stemming from the BRI economies, next month’s Belt and Road Summit is certain to bolster cross-regional cooperation and help Mainland businesses find the ideal Hong Kong partner for their global expansion plans”.Balancing advanced and emerging market opportunitiesHighlighting the significance of the Belt and Road markets within the global expansion strategies of many Mainland enterprises, 94% of surveyed companies confirmed their interest in developing business in these territories, a significant increase on the 73% recorded for a comparable survey in 2023. In addition, 91% of respondents are prioritising expanding their existing ASEAN activities, particularly within Singapore (49%), Vietnam (46%), Thailand (44%) and Malaysia (41%).Looking further afield, 48% of surveyed enterprises intend to target Europe’s more advanced markets, while 47% plan to further develop their engagement with the US and Canada. Alongside this, interest in the Middle East rose from 33% in 2023 to 46% this year, while the proportion looking to expand into Latin America doubled from 17% to 34%. Compared with the 2023 survey, companies evidenced a far greater overall inclination to target all of the major overseas markets.Global expansion fueled by evolving business environmentsIn addition to the uncertainties arising from changes in US trade policy, Mainland enterprises’ primary concerns include intensified competition from other regions (61%), geopolitical tensions (55%), rising Mainland costs (51%), and tariff and non-tariff trade barriers (50%). Against this backdrop, companies indicated they were looking to continuously improve production and service efficiency (60%), better manage risks in overseas markets (57%), and control overall production and sales costs (57%).Wing Chu, Deputy Director of HKTDC Research, said: “Most enterprises pursuing international expansion plan to develop two to three overseas business functions (61%), indicating their intention to extend along different stages of the global industrial and business value chain. During this process they face major challenges, including difficulty coping with rapidly changing market uncertainties, intense competition in overseas markets, and insufficient capital to adjust business operations and supply chains. These challenges underline the growing need for professional services support.”Hong Kong: The lead global expansion services platformTo help address the challenges of overseas expansion, 83% of surveyed enterprises saw Hong Kong as their first choice of services platform, followed by the Chinese Mainland (78%) and Singapore (31%). Overall, the services sought from Hong Kong were broad and diverse, with marketing, legal and accounting advisory, financing and risk management, supply chain management, research and development, product standards and ESG-related support all making the list.Hong Kong continues as the lead global expansion service platform for Mainland enterprises, thanks to its highly internationalised business environment, robust legal system, free flow of capital and information, extensive international business networks and strong pool of professional talent.The National 15th Five-Year Plan explicitly supports Hong Kong’s integration into national development and highlights leveraging the city’s professional services strengths to support Chinese Mainland enterprises in going global and promoting high-quality international cooperation. In October 2025, the Hong Kong Special Administrative Region Government launched the GoGlobal Task Force, integrating Hong Kong’s financial, business network and government resources to provide more comprehensive support for enterprises expanding overseas and further reinforcing Hong Kong’s role as a go global services platform.Belt and Road SummitJointly organised by the Government of the Hong Kong Special Administrative Region (HKSAR) and the HKTDC, the Belt and Road Summit has long served as a premier platform for policy dialogue, business networking and deal-making, facilitating cross-regional and cross-sector collaboration while helping enterprises capture opportunities in Belt and Road and other emerging markets through Hong Kong. The 11th edition of the Summit will take place on 9-10 September at the Hong Kong Convention and Exhibition Centre. Under the theme “Advancing High-Quality Development • Embarking on a New Journey”, the Summit will bring together senior government officials and business leaders, investors and professional services providers from around the world to explore collaboration opportunities amid evolving global economic conditions and exchange views on high-quality development across infrastructure, finance, innovation and technology, trade, global business expansion, cross-border investment and sustainable development.To further support Chinese Mainland enterprises going global through Hong Kong, this year’s Summit will feature a dedicated “Go Global Chapter”, including two thematic breakout sessions focusing on overseas expansion opportunities and Hong Kong’s professional services strengths. There will also be a newly introduced “GoGlobal Connect” zone showcasing service offerings from various professional sectors in Hong Kong and providing consultation and practical support for Chinese Mainland enterprises. In addition, the Summit will organise a GoGlobal Business Mission to Nansha, Guangzhou, offering participants first-hand insights into the latest developments in the Greater Bay Area.Over the years, the Belt and Road Summit has developed into a leading platform for promoting international cooperation, deal-making and business exchange among Belt and Road countries and regions, helping enterprises tap into global opportunities.Mainland Enterprises’ Global Expansion: Hong Kong – The Premier Service Platform:https://research.hktdc.com/en/article/MjQwNjQ5OTA3MAPhoto download: https://bit.ly/4xcU22oDirector of HKTDC Research Bruce Pang (centre), Deputy Director of HKTDC Research Wing Chu (right) and Senior Economist (Greater China Team) Cherry Yeung (left) unveiled the latest survey findings and analysed emerging trends in the global expansion strategies of Mainland enterprises ahead of the HKTDC’s flagship Belt and Road Summit.An HKTDC survey found that 94% of surveyed Mainland enterprises intend to expand into Belt and Road markets, underscoring the importance of these markets in their global expansion strategies. To help enterprises go global, the HKSAR and the HKTDC will jointly organise the 11th Belt and Road Summit on 9-10 September to promote international trade, investment and professional services cooperation.Media enquiriesHKTDC’s Communications & Public Affairs Department:Navin LawTel: (852) 2584 4525Email: navin.cm.law@hktdc.orgSerena CheungTel: (852) 2584 4272Email: serena.hm.cheung@hktdc.orgWinnie KanTel: (852) 2584 4055Email: winnie.wy.kan@hktdc.orgHKTDC Media Room: http://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 trade publications, 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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TMX Group Limited Completes Acquisition of RAFI Indices from Research Affiliates ACN Newswire

TMX Group Limited Completes Acquisition of RAFI Indices from Research Affiliates

TORONTO, ON, Aug 18, 2026 - (ACN Newswire via SeaPRwire.com) - TMX Group Limited (TMX Group) today announced it has completed the acquisition of RAFI Indices, LLC (RAFI Indices) from Research Affiliates Global Holdings, LLC (Research Affiliates), a global index provider and investment advisor. The transaction was announced in June 2026.The acquisition will significantly expand equity portfolio coverage of TMX VettaFi, a differentiated index provider with modern distribution solutions, and TMX Group subsidiary.RAFI Indices is an index company founded by Research Affiliates. It specializes in constructing, publishing, and licensing indices that reflect a deep, academically rigorous understanding of the fundamental factors driving capital market returns. The company is renowned for its innovative approach, offering over 90 indices that cater to a diverse range of investment needs worldwide.For more information about TMX VettaFi, please visit www.vettafi.com.About TMX Group (TSX: X)TMX Group operates global markets, and builds digital communities and analytic solutions that facilitate the funding, growth and success of businesses, traders and investors. TMX Group's key operations include Toronto Stock Exchange, TSX Venture Exchange, TSX Alpha Exchange, The Canadian Depository for Securities, Montréal Exchange, Canadian Derivatives Clearing Corporation, TSX Trust, TMX Trayport, TMX Datalinx, TMX VettaFi and TMX Newsfile, which provide listing markets, trading markets, clearing facilities, depository services, technology solutions, data products and other services to the global financial community. TMX Group is headquartered in Toronto and operates offices across North America (Montréal, Calgary, Vancouver and New York), as well as in key international markets including London, Singapore and Vienna. For more information about TMX Group, visit www.tmx.com. Follow TMX Group on X: @TMXGroup.For more information please contact:Catherine KeeHead of Media RelationsTMX Group416-671-1704catherine.kee@tmx.comAmanda TangDirector of Investor RelationsTMX Group416-895-5848amanda.tang@tmx.comTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/310057 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Focus Graphite Chairman Converts Final C$835,000 Loan to Equity at a Premium to Market ACN Newswire

Focus Graphite Chairman Converts Final C$835,000 Loan to Equity at a Premium to Market

C$0.50-per-share conversion completes longstanding Chairman loan as Focus strengthens its financial position amid growing government and industry supportOTTAWA, ON, Aug 18, 2026 - (ACN Newswire via SeaPRwire.com) - Focus Graphite Inc. (TSXV: FMS) (OTCQB: FCSMF) (FSE: FKC0) ("Focus" or the "Company"), a Canadian developer of high-grade flake graphite deposits and advanced graphite materials for battery, defence and industrial applications, is pleased to announce that Chairman Jeff York, through his holding company JJJY Holdings Inc. ("JJJY Holdings"), has agreed to convert the final C$835,000 outstanding balance of his longstanding loan to the Company into equity at C$0.50 per share.Under the proposed transaction, Mr. York will convert C$835,000 into 1,670,000 common shares of Focus at a deemed price of C$0.50 per share, representing an approximately 11% premium to the Company's C$0.45 closing share price on August 17, 2026.The financing relationship dates back to 2019 and 2020, when Mr. York, through JJJY Holdings, provided significant capital to support Focus and its ongoing activities. By September 30, 2020, amounts due to JJJY Holdings had reached approximately C$3.05 million. Since that time, the balance has been progressively reduced through a series of previously disclosed settlements and equity conversions. The C$835,000 conversion announced today represents the final outstanding balance of Mr. York's longstanding shareholder loan to the Company.The transaction removes the Company's remaining obligation under the longstanding shareholder loan without requiring a cash repayment, preserving capital for its development priorities and further strengthening its financial position."My decision to convert the remaining balance of my loan into equity reflects my continued confidence in Focus Graphite and the progress we are making across the business," said Jeff York, Chairman of Focus Graphite. "With the loan now fully converted into equity, I am further aligning my interests with our shareholders while strengthening the Company's financial position. Focus has made significant progress across its projects, technology and strategic partnerships, supported by growing government investment, and I remain committed to supporting the Company as we move into the next stage of development."The conversion also follows new federal support for the Lac Knife Graphite Project ("Lac Knife" or the "Project"). On August 17, 2026, Prime Minister Mark Carney announced major clean-energy and critical-minerals investments and specifically identified Focus Graphite's Lac Knife infrastructure project among the strategic pre-development projects being supported through Natural Resources Canada's ("NRCan") First and Last Mile Fund ("FLMF") 1. The federal announcement highlighted pre-construction work for a new transmission line and road connecting Lac Knife to Hydro-Québec's power grid, supporting the development of graphite supply for battery and energy-storage technologies.The final conversion further strengthens Focus's financial profile and preserves capital for its development priorities as the Company advances its Quebec graphite assets, downstream technology and broader commercial strategy.Focus continues to advance Lac Knife, its downstream advanced-materials initiatives and broader commercial strategy amid growing government and industry support for secure, resilient North American critical-mineral supply chains.The shares-for-debt transaction remains subject to approval by the TSX Venture Exchange.About Focus Graphite Advanced Materials Inc.Focus Graphite is building an integrated graphite platform to supply the industries shaping the future. Through the development of world-class graphite resources, advanced processing technologies and higher-value advanced materials, the Company is positioning itself to support battery, defence, advanced manufacturing and other strategic industries across North America and allied markets.The platform is anchored by the Company's two 100%-owned graphite assets in Quebec. Lac Knife is one of North America's highest-grade feasibility-stage graphite deposits, while Lac Tetepisca is one of the largest identified graphite resources globally. Together with strategic technology partnerships and government-supported innovation initiatives, these assets provide the foundation for a secure, scalable and increasingly integrated graphite supply chain.For more information on Focus Graphite Inc. please visit http://www.focusgraphite.comLinkedIn: https://www.linkedin.com/company/focus-graphite/Facebook: https://www.facebook.com/focusgraphite X: https://x.com/focusgraphiteInvestors Contact: Dean Hanisch CEO, Focus Graphite Inc. dhanisch@focusgraphite.com +1 (613) 612-6060Jason LatkowcerVP Corporate Developmentjlatkowcer@focusgraphite.comCautionary Note Regarding Forward-Looking StatementsCertain statements contained in this press release constitute forward-looking information. These statements relate to future events or future performance. The use of any of the words "could," "intend," "expect," "believe," "will," "projected," "estimated," and similar expressions, as well as statements relating to matters that are not historical facts, are intended to identify forward-looking information and are based on the Company's current beliefs or assumptions as to the outcome and timing of such future events.In particular, this press release contains forward-looking information regarding, among other things, the proposed shares-for-debt transaction involving the conversion of the remaining C$835,000 balance of the longstanding shareholder loan into 1,670,000 common shares of the Company at a deemed price of C$0.50 per share; the anticipated completion of the transaction and receipt of TSX Venture Exchange approval; the expected impact of the transaction on the Company's financial position, capital structure and financial flexibility; the anticipated preservation of capital for the Company's development priorities; the continued advancement and future development of the Lac Knife Graphite Project and the Company's other Quebec graphite assets; the advancement of the Company's downstream processing, purification and advanced-materials initiatives; the Company's broader commercial strategy and potential future commercial opportunities; the continued development of strategic partnerships and government and industry collaboration; the potential benefits of government-supported infrastructure initiatives for the Lac Knife Graphite Project; and the Company's strategy to contribute to the development of secure and resilient North American critical-mineral and advanced graphite supply chains.Forward-looking statements are subject to known and unknown risks, uncertainties, and other factors that may cause actual results, performance, or achievements to differ materially from those expressed or implied by such statements. These risks and uncertainties include, but are not limited to, risks related to market conditions, regulatory approvals, changes in economic conditions, the ability to raise sufficient funds on acceptable terms or at all, operational risks associated with mineral exploration and development, and other risks detailed from time to time in the Company's public disclosure documents available under its profile on SEDAR+.The forward-looking information contained in this release is made as of the date hereof, and the Company is not obligated to update or revise any forward-looking information, whether as a result of new information, future events, or otherwise, except as required by applicable securities laws. Because of the risks, uncertainties, and assumptions contained herein, investors should not place undue reliance on forward-looking information.Neither TSX Venture Exchange nor its Regulation Services accepts responsibility for the adequacy or accuracy of this release.1 https://www.pm.gc.ca/en/news/news-releases/2026/08/17/prime-minister-carney-announces-largest-clean-energy-investment-northTo view the source version of this press release, please visit https://www.newsfilecorp.com/release/310208 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Impression Dahongpao Announces 2026 Interim Results ACN Newswire

Impression Dahongpao Announces 2026 Interim Results

Financial Highlights:1.Stable financial foundation and healthy cash flow: Despite the impact of one-off factors such as extreme weather, the Group recorded revenue of RMB47.14 million for the period; net profit attributable to shareholders of the parent company was RMB2.54 million; and net cash flows generated from operating activities reached RMB6.79 million, demonstrating strong self-sustaining cash generation capabilities and sound cash flow position even under adverse conditions.2.Short-term disruptions do not impair long-term value; cost fluctuations represent a reasonable transition: The performance volatility during the period mainly stemmed from three uncontrollable or one-off factors: (i) extreme heavy rainfall (total rainfall increased by approximately three times year-on-year) which constrained outdoor performances; (ii) the fading of the inaugural-year concentrated viewing benefits for the "Moonlight Wuyi" project and the rise in depreciation and amortisation costs due to differences in operating cycles; and (iii) changes in cooperation agreements for the cultural tourism town. All these factors are transitional in nature and have not undermined the market appeal of the Group's core IP.3.Strategic launch of "Wuyi Guanwu" to unlock diversified growth: During the period, the Group's wholly-owned subsidiary signed the Mount Wuyi Impression Jianzhou Project Operation Investment and Management Cooperation Agreement, with the project tentatively named "Wuyi Guanwu". This project will deeply integrate Wuyi Mountain's local culture with modern immersive experiences, enriching the Group's "day-and-night activity linkage" ecosystem and injecting strong momentum for future development.4.Steady progress across three core business segments; Global Offering proceeds empower industrial upgrades: The Group continues to deepen its three core businesses – "shows and performance services", "Impression Cultural Tourism Town" and "Chatang Hotel". Leveraging the proceeds from the Global Offering, the Group is accelerating the iterative upgrade of performance quality, replication of projects in other regions, and diversified business deployment.HONG KONG, August 18, 2026 - (ACN Newswire via SeaPRwire.com) - Impression Dahongpao Co., Ltd. (HKEX Stock Code: 2695; NEEQ Code: 870608, “Impression Dahongpao” or the “Company”, together with its subsidiaries, the “Group”), a leading large-scale cultural tourism performance and integrated leisure resort service provider in China, is pleased to announce its unaudited interim results for the six months ended 30 June 2026 (the “Period”). In the face of a complex and volatile external environment and extreme weather challenges in the first half of 2026, the Group maintained stable operations in its core business while proactively adjusting its business structure with a forward-looking strategic vision, making significant moves to develop new cultural tourism upgrade projects.During the Period, the Group recorded revenue of RMB47.14 million, representing a slight decrease compared with the same period of 2025; net profit attributable to shareholders of the parent company was approximately RMB2.54 million; and gross profit margin for the Period was 24.74%. Net cash flows generated from operating activities reached RMB6.79 million, providing a solid foundation for the Group to weather market fluctuations and invest in future growth. Meanwhile, the Group’s total assets stood at RMB481.81 million, and the gearing ratio was strictly controlled at a low level of 29.35%, demonstrating the Group’s excellent risk management capabilities and prudent financial strategy.The decline in performance in the first half of 2026 was primarily attributable to the combined effect of exceptional one-off and non-recurring factors. In the first half of this year, the Wuyi Mountain region experienced total rainfall of 4,201mm, an increase of approximately three times compared with the same period, and frequent extreme rainstorms directly led to the cancellation of performances or a short-term decline in attendance rates. Secondly, the Group’s “Moonlight Wuyi” project, which premiered in 2025, received strong support from trade unions and the education system in its inaugural year, benefiting from one-off promotional support which did not continue during the Period. At the same time, the extended operating period of “Moonlight Wuyi” during the Period directly resulted in a corresponding increase in rigid costs, including depreciation of right-of-use assets, depreciation of fixed assets, amortisation of long-term deferred expenses, as well as utilities and staff salaries.Continuous optimisation of business layout to consolidate diversified growth foundationIn terms of business optimisation, the Group has implemented a series of cost-reduction and efficiency-enhancement measures for “Moonlight Wuyi”. These include optimising the pricing system, introducing tiered incentive policies for groups and study tours to activate channel momentum, partnering with cultural tourism and tea enterprise live-streaming rooms to expand online sales channels, and innovating NPC interactive check-in and new media seeding marketing models to boost market visibility. At the same time, the Group strictly controls costs, precisely adjusts performance schedules, and centrally deploys performers from the Impression Art Troupe to reduce labour costs.In addition, the Chatang Hotel has completed a brand upgrade and was renamed “Impression Dahongpao Qiyuan” to strengthen the synergy with the core performance brand. The Group has introduced a professional marketing team to focus on the online market, revitalised idle spaces for external leasing to generate stable ancillary income, and launched “performance + hotel” package tickets for joint marketing. Meanwhile, the Group continues to reduce losses, optimise its asset structure, and drive a steady transformation with improved quality and efficiency.Signing of the Mount Wuyi Impression Jianzhou Project Operation Investment and Management Cooperation Agreement to build a new cultural tourism ecosystem engineWhile actively responding to short-term fluctuations, the Group has not slowed down its pace of expansion and upgrading. During the Period, the Group achieved a milestone breakthrough in its business development – its wholly-owned subsidiary formally signed the “Wuyi Impression Jianzhou (Upgrade and Renovation) Project Operation, Investment and Management Cooperation Agreement”, with the project tentatively named “Wuyi Guanwu”. This project represents the Group’s core strategic deployment to align with the national trend of cultural tourism consumption upgrading and to deepen the excavation of Wuyi Mountain’s local culture. The “Wuyi Guanwu” project is not merely a hardware renovation, but a deep integration of culture, business and tourism. It aims to comprehensively upgrade the existing commercial area into a high-quality cultural tourism block integrating “intangible cultural heritage experiences, immersive performances, national trendy cultural and creative products, specialty dining and themed accommodation”.In the past, the Group’s revenue was heavily dependent on the nighttime “Impression Dahongpao” scenery show. The implementation of the Impression Jianzhou project will greatly enrich tourists’ daytime activity options, successfully creating a full-day tourism loop of “visit Jianzhou and experience culture by day, watch Impression and enjoy the grand show by night”, achieving “day-night linkage” and effectively extending tourist stay in Wuyi Mountain. At the same time, through introducing high-quality self-operated and co-operated commercial formats, the Group will break through the limitations of a single ticket-based economy. The upgraded “Wuyi Guanwu” will generate substantial high-margin secondary consumption scenarios including dining, cultural and creative products, and accommodation, comprehensively optimising the Group’s revenue structure. The signing of this agreement also marks a new milestone for the Group’s operational investment and management capabilities. The Group will export its proven IP operation standards and commercial management systems, which will not only enhance the overall tourism destination image of Wuyi Mountain, but also accumulate valuable practical experience for the Group’s future “replication in other regions” and asset-light expansion.Deepening the three core segments with a clear long-term development blueprintLooking ahead, the Group will continue to maintain its three core segments: (i) shows and performance services; (ii) Impression Cultural Tourism Town business; and (iii) Chatang Hotel business. In terms of core business development, the Group will leverage the proceeds from the Global Offering as a driving force to reinforce its solid foundation in daily operations, continuously strengthen its core IP competitiveness, and promote iterative upgrades in performance quality. At the same time, the Group will accelerate the deployment of diversified businesses, with a strategic focus on the innovative development of the “Impression Cultural Tourism Town” to further enrich tourists’ leisure options and the overall tourism ecosystem. In addition, exploring replication paths in other regions will be one of the Group’s key strategic directions. The Company plans to export its proven operational management models to broader markets and actively explore replication in other regions, striving to create new growth drivers. Overall, the Group will strengthen operational support, continuously enhance operational efficiency and visitor experience, aiming to achieve an organic integration of short-term stability and long-term development.About Impression Dahongpao Co., Ltd.Impression Dahongpao Co., Ltd. (Stock Code: 2695; NEEQ Code: 870608) is a state-owned cultural tourism service enterprise, listed on the NEEQ in 2017. The Company’s business comprises three main segments: (i) shows and performance services; (ii) Impression Cultural Tourism Town business; and (iii) Chatang Hotel business. Among them, the Company’s signature show, the “Impression Dahongpao” scenery show, serves as the cornerstone of its business and is the only live performance conducted within a UNESCO World Natural and Cultural Heritage site, and the only large-scale outdoor scenery show intertwined with the history of traditional Chinese tea culture. In 2024, “Impression Dahongpao” ranked third among all tourism scenery shows in China and tenth among all cultural tourism performances in terms of box office revenue¹. In terms of sales revenue generated from cultural tourism performance programmes, the Company ranked eighth in China’s cultural tourism performance market in 2024¹.¹ According to Frost & SullivanThis press release is issued by Brilliant Monkey Financial Communications Limited on behalf of Impression Dahongpao Co., Ltd.. For media enquiries, please contact:Sabrina / ChristopherTel: 9464 8907 / 5592 6231E-mail: sabrinawong@bmonkey.com.hk / christopher@bmonkey.com.hk Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Tokyo Lifestyle Receives Independent Research Coverage from Broad Investment Securities; Note Highlights Asset-Light Shift and Global Expansion ACN Newswire

Tokyo Lifestyle Receives Independent Research Coverage from Broad Investment Securities; Note Highlights Asset-Light Shift and Global Expansion

NEW YORK, Aug 18, 2026 - (ACN Newswire via SeaPRwire.com) - Broad Investment Securities LLC, a U.S. SEC-registered investment adviser, has issued an independent fundamental research report on Tokyo Lifestyle Co., Ltd. (Nasdaq: TKLF), examining the Japanese consumer-products distributor’s business model, financial trajectory, channel mix and international expansion.Tokyo Lifestyle, formerly Yoshitsu Co., Ltd., operates as a retailer and wholesaler of Japanese beauty and health products, general merchandise, luxury goods, electronics and collectible cards. The company reaches end markets through four channels—company-operated stores, franchise outlets, wholesale distribution and cross-border e-commerce—across Japan, Hong Kong, Southeast Asia, North America, the UK and Australia.Its assortment spans roughly 69,800 SKUs. Supplier relationships include major Japanese brands such as Shiseido, Kao and Kose. The company also manages proprietary and licensed brands including Tokyo Lifestyle, Hare no Ryohin and REIWATAKIYA. In 2025 it began private-label product development and entered a strategic collaboration with an affiliate of Tasly Group aimed at joint research, development and global distribution of health products.As of the fiscal year ended March 31, 2026, Tokyo Lifestyle reported nine franchise partners operating 11 stores in the United States, the UK, Hong Kong, Thailand, Vietnam and Japan. Hong Kong continues to serve as the primary logistics and distribution hub linking Japanese supply chains to overseas markets.Net revenue for FY2026 rose 77.6% year-on-year to $373.2 million, the highest level since the company’s January 2022 Nasdaq listing. Revenue expanded from approximately $195.7 million in FY2024 to $210.1 million in FY2025 before accelerating to $373.2 million. The increase was driven principally by faster growth in the franchise and wholesale channels and by an expanded contribution from luxury goods, consistent with management’s stated transition from an asset-heavy company-operated model toward a lighter franchise-and-wholesale structure.Gross margin contracted from 11.4% in FY2025 to 7.5% in FY2026. Net income attributable to the company was about $0.72 million, or basic earnings per share of $0.02. The margin compression reflects the rising weighting of franchise and wholesale sales, which typically generate lower unit margins in exchange for greater scale and reduced capital intensity. The company remains in the investment phase of this strategic shift; the path to sustained profitability is still evolving.Geographic mix continued to internationalize. Japan accounted for 52.9% of FY2026 revenue, down from 70.5% a year earlier, while Hong Kong and other overseas markets rose to 47.1% from 29.5%. Total assets increased to $233.6 million from $157.8 million, of which accounts receivable stood at $186.8 million. Operating cash flow was negative during the period, primarily reflecting the working-capital build associated with expansion.At the July 29, 2026 close, the shares traded at $2.025 per ADS, implying a market capitalization of approximately $8.57 million, a trailing price-to-earnings ratio of about 11.96 and a price-to-book ratio of roughly 0.21. As a micro-cap issuer, Tokyo Lifestyle remains subject to Nasdaq continued-listing requirements as well as balance-sheet and cash-flow considerations, points the research note addresses directly.Overall, the report positions Tokyo Lifestyle as a relatively scarce Nasdaq-listed Japanese cross-border consumer-products platform with above-average top-line growth and a distinctly international revenue profile, while underscoring the operational and financial characteristics typical of a micro-cap company still executing a structural transition.For more information, please contact:Golden Fleece Cross-border Consulting Co., LimitedEmail: heidiho@goldenfleece.hk Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Chuangxin Industries Announces 2026 Interim Results ACN Newswire

Chuangxin Industries Announces 2026 Interim Results

Financial Highlights:- For the first half of 2026, the Company recorded revenue of approximately RMB 11.53 billion, representing a YoY increase of approximately 32.4%.- Net profit attributable to owners of the company was approximately RMB 2.30 billion, representing a YoY increase of approximately 166.1%.- Earnings per share reached approximately RMB 1.11, representing an increase of approximately 91.4% from RMB 0.58 in the corresponding period of last year.HONG KONG, August 17, 2026 - (ACN Newswire via SeaPRwire.com) - Chuangxin Industries Holdings Limited (“Chuangxin Industries” or the “Company”, together with its subsidiaries, the “Group”; stock code: 02788.HK) announces its interim results for the six months ended 30 June 2026 (the “Reporting Period”). During the Reporting Period, the Company recorded outstanding results with a significant improvement in profitability, achieving revenue of approximately RMB 11.53 billion, representing a YoY increase of about 32.4%. Net profit attributable to the parent company was approximately RMB 2.30 billion, representing a YoY increase of 166.1%, and earnings per share were approximately RMB 1.11, representing a YoY increase of 91.4%. The growth was primarily driven by a year-on-year increase in electrolytic aluminium product selling prices, reduced production costs from a higher proportion of green energy usage, and the Company’s ongoing efforts to optimise its financing structure and reduce finance costs.Leveraging its years of experience in building an integrated industrial chain encompassing “energy-alumina refining-electrolytic aluminium smelting”, the Company continues to enhance its resource security and cost control capabilities. It has made positive progress in industrial chain synergy, energy security, green energy transition, and global expansion, further improving operational efficiency and profitability. This has allowed the Company to demonstrate strong earnings resilience amid industry cyclical fluctuations and lay a solid foundation for future high-quality development.Integrated Industrial Chain Advantages Continue to Materialise, Driving a Step-Change in ProfitabilityOver the years, the Company has been deeply rooted in the upstream aluminium industry, establishing an integrated industrial chain covering “energy, alumina refining and aluminium smelting.” Currently, the Company operates an electrolytic aluminium production facility with an annual capacity of 788,100 tonnes and a supporting captive power plant in Huolinguole, Inner Mongolia, as well as an alumina refining and aluminium hydroxide production base in Binzhou, Shandong, forming a stable and efficient resource security system.Relying on this comprehensive integrated layout, the Company’s self-sufficiency in alumina and electricity fully meets its production requirements, effectively mitigating the impact of raw material and energy price fluctuations and further consolidating its cost competitiveness. At the same time, the Company continues to advance refined management and cost control, fully leveraging industrial chain synergies. This has enabled it to demonstrate strong earnings flexibility and risk resilience during the market recovery cycle. During the Reporting Period, benefiting from a year-over-year increase in electrolytic aluminium product prices, the Company’s profitability improved significantly, fully reflecting the synergistic effects and counter-cyclical resilience brought by its integrated industrial chain layout. Additionally, the Company completed the acquisition of the remaining equity interest in Shandong Chuangyuan New Material Technology Co., Ltd. and a 100% equity interest in Tongliao Smart Mining Co., Ltd., further strengthening its upstream resource layout, enhancing raw material security, and improving industrial chain synergy to support sustained and steady future development.Green Energy Expansion Continues to Deepen, Accelerating Digital and Intelligent TransformationThe Company remains committed to green and low-carbon development, actively advancing renewable energy projects and increasing the share of green energy in its energy mix. As of the end of June 2026, the Company had commissioned 1,040 MW of wind power and 110 MW of solar power capacity, with overall project completion at approximately 66%. As subsequent project phases are gradually completed and commissioned, the Company's proportion of green energy is expected to exceed 50%, which will further reduce energy costs and enhance profitability and market competitiveness.The green energy transition not only effectively reduces production costs but also enables the Company to produce green aluminium products that align with global low-carbon development trends, meeting the growing demand for low-carbon materials in sectors such as new energy vehicles, high-end manufacturing, consumer electronics, and green construction. This continues to increase the added value of its products and market competitiveness. Simultaneously, the Company is advancing smart manufacturing and digitalisation and smart-manufacturing upgrades, accelerating the development of production equipment, automated control systems, and information platforms, while promoting the adoption of fully graphitized cathode retrofitting, applications of copper-inserted steel collector bars, and other energy-saving and consumption-reduction technologies to continuously improve production efficiency, energy utilisation, and product quality.On the sustainability front, the Company continues to enhance its ESG governance framework, publishing its inaugural ESG report and establishing a board-level ESG committee. It remains dedicated to improving environmental, social, and governance standards, actively promoting green manufacturing, energy conservation and emission reduction, further strengthening its capabilities for sustainable development.Globalisation Strategy Progressing Steadily, Aiming to Build a World-Class Green Aluminium GroupWhile consolidating its domestic industrial base, the Company is actively advancing its globalisation strategy, accelerating overseas capacity expansion to enhance global resource allocation capabilities and international market competitiveness. In 2025, the Company, together with partners, invested in the construction of an integrated 500,000-tonne-per-annum electrolytic aluminium project in Saudi Arabia. As of the end of June 2026, the project had completed all necessary compliance approval procedures, with on-site construction in full swing and all work progressing steadily according to plan. This project will fully leverage the energy cost and geographic advantages of Saudi Arabia, providing vital support for the Company’s global industrial layout.The global energy transition and the rapid growth of industries such as new energy and high-end manufacturing will continue to drive demand for high-quality, low-carbon aluminium products. Going forward, the Company will fully leverage its integrated industrial chain and green energy advantages to further improve cost competitiveness and operational efficiency. Building on its international expansion, it will continue to explore global markets and enhance its long-term sustainable development capabilities.Looking ahead, the Company will remain focused on deepening its presence in the aluminium industry, relying on its integrated industrial layout, green energy advantages, and continuously improving operational management capabilities to strengthen its core competitiveness. It will steadily enhance its market position and overall influence in the global aluminium industry, advancing toward its goal of becoming an internationally competitive green aluminium enterprise.About Chuangxin Industries Holdings LimitedChuangxin Industries Holdings Limited (Stock Code: 02788.HK), established in 2012 and listed on the Main Board of the Stock Exchange of Hong Kong in November 2025, is an integrated production enterprise focusing on the upstream of the aluminium industrial chain-alumina refining and electrolytic aluminium smelting. The Company has strategically established production bases in Huolinguole, Inner Mongolia, and Binzhou, Shandong, creating an integrated ecosystem covering “energy, alumina refining and aluminium smelting”. The Company’s ability to manage the total costs of aluminium per ton ranks among the top of all aluminium smelting companies in China and is competitive on a global scale. The Company is committed to sustainable development and the continuous advancement of its integrated electrolytic aluminium ecosystem. By leveraging its cost advantages and bolstering R&D investment, the Company aims to enhance its competitiveness and market standing. Furthermore, it strives to mitigate carbon emissions across the value chain, with the ultimate long-term goal of achieving a comprehensive green business transformation.Chuangxin Industries’ Official Website: https://en.innovationigi.com/ Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Food Expo and concurrent fairs attract over 520,000 visits, setting all-time record ACN Newswire

Food Expo and concurrent fairs attract over 520,000 visits, setting all-time record

HONG KONG, August 17, 2026 - (ACN Newswire via SeaPRwire.com) - The Food Expo, Beauty & Wellness Expo and Home Delights Expo, organised by the Hong Kong Trade Development Council (HKTDC), concluded successfully today. The two trade fairs — Food Expo PRO and Hong Kong International Tea Fair — also closed on 15 August. The five fairs brought together over 1,850 exhibitors from more than 30 countries and regions, attracting over 520,000 public visits in total - a record high. Per capita spending continued to grow, reaching HK$1,685, reflecting the continued vibrancy of the local consumer market and strong public demand for gourmet food, healthy living and quality home products.For trade exhibitions, the Food Expo PRO and Hong Kong International Tea Fair drew some 20,000 buyers from 64 countries and regions. Apart from Hong Kong, buyers came from Chinese Mainland, Macao, Taiwan, Japan, Korea, as well as ASEAN countries, including Indonesia, Cambodia, Thailand, Malaysia and the Philippines, among others, reinforcing Hong Kong's unique advantages as a food trading hub.The International Conference of the Modernization of Chinese Medicine & Health Products, organised by the Modernized Chinese Medicine International Association (MCMIA) together with the HKTDC and ten scientific research institutions, also concluded successfully on 15 August. Over 30 distinguished speakers attended to discuss innovation, research and development in Chinese medicine, and global opportunities.Smilely Lam, Associate Executive Director of the HKTDC, said: "This year's fairs received an enthusiastic response. Attendance recorded solid growth, and per capita spending reached a record high alongside visitor numbers, reflecting the strong market demand for quality food, healthy living and novel experiences. This year's five fairs, themed 'Live Well · Stay Well', gathered a diverse range of food and beverage, wellness and related lifestyle products, services and experiences from around the world, comprehensively showcasing the latest trends in the health and wellness sector, and creating more business opportunities for the industry."Ms Lam added: "We are pleased to see the fairs attracting a broader range of international participation. Exhibitors, buyers and industry representatives concluded multiple cooperation and procurement agreements, underscoring Hong Kong's position as an important trade platform connecting Chinese Mainland and international markets, as well as its role as an international food trade hub. Buyers' purchasing intentions show that market demand continues to grow for health and functional products, convenience foods, specialty foods and premium tea products. Products with sustainable development concepts and international certifications such as Halal certification are also gaining popularity, reflecting the industry's proactive response to consumers' pursuit of healthy living, quality experiences and responsible consumption, injecting growth momentum into the market.”Per capita spending reaches record high of HK$1,685; Health and wellness products in the spotlightDuring the fairs, the organiser conducted a random sampling survey, interviewing more than 1,430 visitors. The per capita spending continued to grow, reaching HK$1,685, with 87% of respondents indicating that their actual spending was in line with or exceeded their budget, reflecting stable consumer sentiment. The fairs also successfully aligned with the healthy living consumption trend, with over 80% of respondents expressing interest in health and wellness-related products. The product categories of greatest interest to respondents included health and functional foods (62%), health supplements and nutritional products (51%), as well as mental and physical wellness products and healthy lifestyle items (40%). Among the respondents who are aware that the fairs have a halal food and beverage label, more than half of the respondents (53%) believed that halal food and beverage label helps promote halal products, while 51% noted the silver-age products and services showcased at the fairground, reflecting the continued growth potential of these markets.Public fairs draw strong crowds; buoyant spending atmosphereOver five days, The Food Expo, The Beauty & Wellness Expo and The Home Delights Expo offered visitors a diverse range of international food, beauty and wellness products, as well as home living experiences. Five themed days were held throughout the fairs, encouraging visitors to embrace quality living through product showcases, expert sharing and interactive experiences. The fairs also featured a variety of special products and limited-time offers, attracting strong visitor traffic and generating encouraging sales results. The Food Expo's Gourmet Zone featured Hong Kong's first chewy treats themed market, featuring chewy desserts that received an enthusiastic on-site response. Henry Ling, Executive Director and General Manager (Asset Management) of Uni-China Group, said the 12 participating exhibitors expected to generate total sales of HK$1 million to HK$1.4 million during the fair.Held concurrently, the Beauty & Wellness Expo brought visitors a wide range of holistic wellness experiences, including fragrance, health and fitness demonstrations. Among the highlights was an aroma-emotion testing experience presented by Xuelei Fragrance Museum from Guangzhou, drawing a continuous stream of visitors throughout the fair. The newly launched "Stay Relax" zone showcased products designed to relieve fatigue and promote relaxation. Alan Ho, Founder and Chairman of Hong Kong wellness brand Vogue Bio, said the brand's expo-exclusive buy-one-get-one-free promotion was well received by visitors. He expected total sales during the five-day fair to exceed HK$1 million, far surpassing his expectations.The Home Delights Expo showcased a range of smart home solutions, trendy household products and sleep technology. Sleep Health Association, exhibiting for the first time, set up a "Go Sleep Exp", where many visitors came to learn about ways to improve sleep quality and related health information. Cyrus Chiu, president of the Association, said the pavilion featured a first-of-its-kind sleeping experiential project in Asia, drew strong visitor traffic through its innovative design and helped enhance public awareness and understanding of sleep health.Trade fairs expand business networks, help mainland enterprises reach new marketsThe HKTDC is actively assisting quality mainland food products in expanding into overseas markets. This year marks the fourth consecutive year of the Chinese Mainland premium agricultural products "Going Global" exchange and matchmaking event, which facilitates mainland enterprises in leveraging Hong Kong's international business platform to expand into overseas markets. The event was attended by Chan Kwok-ki, Chief Secretary for Administration of the Hong Kong SAR Government, who delivered a keynote address. At the matching session, the Environment and Ecology Bureau of the HKSAR Government signed Memoranda of Understanding (MoU) with representatives from Hunan, Xizang and Shandong to strengthen cooperation between Hong Kong and these three regions. The event recorded intended transactions exceeding HK$1.8 billion, setting new records in both the breadth of industry participation and total intended deal value. Peng Tingjun, Director-General of the Agricultural Trade Promotion Center of the Ministry of Agriculture and Rural Affairs of China, said that more than 100 agricultural enterprises from over 10 Chinese Mainland provinces and regions brought more than 1,000 specialty products to Hong Kong, enabling visitors to experience distinctive agricultural traditions while helping Chinese agriculture reach global markets through Hong Kong.Making its debut at the Food Expo, the Xizang Pavilion achieved encouraging results Nagqu State-owned Capital Investment and Operation and Xizang Baqing Qizhen Industry successfully signed a MoU with a Hong Kong importer, with an estimated annual cooperation value exceeding RMB100 million, aiming to further expand the market for Xizang Naqu cordyceps. Another Chinese Mainland exhibitor, Henan Yunong Youpin Operation Management, following its participation in the Central Asia business delegation led by the Chief Executive in June this year, successfully connected with agricultural research and national investment bodies in Kazakhstan and plans to establish an agricultural industrial park there. Making its debut at the Food Expo this time, Fan Na, Chairperson of the company, stated that the company successfully connect with two wholesalers through the expo, with a target cooperation scale of RMB 10 million.This year, the Korea Pavilion expanded its size by 40%, gathering over 130 exhibitors and become the largest overseas pavilion. During the Food Expo PRO, the HKTDC signed a MoU with the Korea Agro-fisheries & Food Trade Corporation. Kim Kwangseok, Branch Director of the Korea Agro-Fisheries & Food Trade Corporation’s office in Hong Kong, said: “Hong Kong has long been a strategically important market for Korean agri-food products. It is not only our sixth largest export market, but also a crucial springboard for entering the Greater Bay Area and the Chinese Mainland markets. Beyond Hong Kong and the Chinese Mainland, the expo also helps Korean enterprises connect with importers and distributors from Singapore and other Asian markets, making it an important platform for international expansion.”The Food Expo PRO and the Food Expo featured the halal food and beverage label for the third consecutive year. This year, over 130 food suppliers showcased halal food from around the world. Tai Po Chun Hing, a local heritage brand with nearly 60 years of history, has been a regular participant at the Food Expo and joined the Food Expo PRO for the first time this year. At the newly introduced "Meat Zone”, it presented halal-certified beef tendon balls made in Hong Kong. Pius Chan, Executive Director of the company, said “On the first day of the expo, we met over 20 buyers from the Philippines, Thailand, and the Middle East, and expect orders worth between HK$500,000 and HK$1 million. We are also showcasing carbon-neutral beef balls that meet carbon footprint standards, demonstrating our commitment to ESG."SBY Frozen Food Supply, a Singapore-based halal meat manufacturer and distributor with a history of nearly 80 years, also identified Brazilian suppliers of raw beef and chicken products during the Expo. Abdul Halim Hafizuddin, Business Development Manager of the company, estimated the company's annual procurement value could reach between US$3 million and US$5 million.The spotlighted “Food Science and Technology Zone” featured innovative food technologies, including pet food solutions that attracted strong buyer interest. Felix Cheung, Founder and CEO of IXON Food Technology, said: "We received enquiries from more than 200 buyers on the first day of the expo, including buyers from Korea, Kazakhstan, Timor-Leste, Europe and Arab markets. Based on current discussions, the potential business value is estimated at between US$500,000 and US$1.3 million."The Coffee Zone at Food Expo PRO highlighted the growing potential of the coffee market, showcasing coffee products from different origins, accessories and coffee machines. First-time exhibitor Hawaii Coffee Association promote Hawaiian coffee and other specialty products at the expo. Ralph Gaston, Board Member and Secretary of the Association, said they had connected with more than 100 buyers during the expo and expect to conclude business within the next two to three months.A seminar titled " Brewing ASEAN Connections: Coffee Origins, Market Trends and Business Opportunities" was also held. Prof. Simon Wong, Chairman of the Belt and Road International Coffee Alliance, stated at the seminar that the Alliance will connect around 150 Belt and Road markets, further consolidating Hong Kong's role as an international coffee trading hub. Combined with Hong Kong's unique advantage as a "super-connector," the city is well-positioned to become a two-way gateway for the coffee industry.Held concurrently, the Hong Kong International Tea Fair introduced the new "Tea Lifestyle" zone, featuring a variety of innovative tea beverages, tea-inspired products and interactive experiences. Among the exhibitors was local tea brand BASAO, which made its debut at the fair and launched its new mellow black oolong. Katherine Yu, Director of Operations of BASAO, said they conducted around 30 business meetings with buyers mainly from Thailand, Japan and Egypt during the fair. In addition to overseas buyers, the brand is also connected with local enterprises including Cathay Pacific and Yung Kee, as well as potential partners from the digital marketing, content creation and new retail sectors, opening up new cross-industry collaboration opportunities.The Tea Fair also featured the new Chinese Mainland Matcha Pavilion. Chen Haiyan, Manager of the Industry Development Department of Hangzhou Jingshan Tea Development, said the pavilion connected with buyers from Hong Kong, Japan, Southeast Asia, India, Europe, and the United States during the fair. Among them, a Thai company expressed interest in purchasing around 20 tonnes of matcha powder, while buyers from India and Hong Kong indicated interest in procuring 10 and 100 smart matcha machines respectively.The Kenya Pavilion also reported encouraging results. This year, the Tea Board of Kenya led nine companies to exhibit at the fair. David Muriuki, Deputy Director of Trade Advisory of the Board, said the potential business deals made across the companies reached more than US$10 million, with one exhibitor alone connecting with more than 80 prospective business partners. During the fair, the Board also signed a MOU with HKTDC to strengthen market connections and trade promotion cooperation.Hybrid model connects local and overseas business opportunitiesThis year, both the Food Expo PRO and Hong Kong International Tea Fair continued to adopt the hybrid exhibition model "EXHIBITION+" to allow global food and tea buyers to conduct business through both physical exhibitions and online platforms simultaneously. Until 22 August, exhibitors and buyers can still conduct online negotiations through the "Click2Match" intelligent matching platform to explore business opportunities.Chinese medicine international exchange promotes industry developmentThe International Conference of the Modernization of Chinese Medicine & Health Products, funded by the HKSAR Government's Chinese Medicine Development Fund, was themed "Clinical Translation, Regulatory Policies and Global Innovative Pathways of Traditional Medicine". It invited over 30 experts, scholars and industry leaders from 11 countries and regions to jointly discuss international regulations for Chinese medicine and the latest market development trends, promoting international exchange and cooperation in Chinese medicine. This year, the organiser featured interactive games and displays at a “Multi-Facet of Chinese Medicines” public education display at the Food Expo, as well as a "Chinese Medicine Health Public Forum", to promote the advantages of Chinese medicine services and wellness culture, enhancing public awareness and understanding of Chinese medicine.Photo download: https://bit.ly/3UDevP9Organised by the Hong Kong Trade Development Council (HKTDC), the Food Expo, Home Delights Expo and Beauty & Wellness Expo (three public exhibitions), together with the Food Expo PRO and the Hong Kong International Tea Fair (two trade exhibitions), concluded successfully.The fairs attracted over 520,000 visits, setting a new all-time record.The Fish Marketing Organization and the Vegetable Marketing Organization expanded their exhibition space at this year's Food Expo to promote their new unified brand "Hong Kong Harvest", showcasing to the public the unique appeal of local fisheries and agricultural produce.The Food Expo's Gourmet Zone introduced a new “Dessert and Gelato” theme, featuring Hong Kong's first chewy treats themed market, which was highly popular among visitors.The Chinese Mainland premium agricultural products "Going Global" exchange and matchmaking event was held on 14 August, attracting more than 200 participants, including representatives of the Chinese mainland exhibitors, as well as Hong Kong buyers and distribution channel operators.During the Food Expo PRO, the HKTDC signed a MoU with Korea Agro-fisheries & Food Trade Corporation.Halal food continued to attract market attention, with related products becoming one of the highlights of the exhibitions.The seminar titled "Brewing ASEAN Connections: Coffee Origins, Market Trends and Business Opportunities" invited industry representatives from Laos, Thailand and Vietnam to analyse the development trends of the ASEAN coffee market, opportunities in specialty coffee and the potential for regional cooperation, while exploring business opportunities in the Belt and Road markets.Hong Kong International Tea Fair introduced a new "Tea Lifestyle" zone, showcasing innovative tea beverages and tea culture lifestyle experiences.Beauty & Wellness Expo marked its 10th edition this year, offering holistic health experiences for the mind, body and soul. Mannings provided a health experience zone with a series of free health screenings and professional consultations.Home Delights Expo featured a "Go Sleep Exp" that promoted the importance of quality sleep through interactive displays and professional sharing sessions.Throughout the exhibitions, a series of highly popular and exciting events were held, including "Star Chef Cooking Demonstrations”, "Smart Bidding", and lucky draws.International Conference of the Modernization of Chinese Medicine & Health Products, themed "Clinical Translation, Regulatory Policies and Global Innovative Pathways of Traditional Medicine", invited over 30 experts, scholars and industry leaders from 11 countries and regions to jointly discuss international regulations for Chinese medicine and the latest market development trends.The Food Expo featured a special “Multi-Facet of Chinese Medicines” public education display to promote the advantages of Chinese medicine services and wellness culture, enhancing public awareness and understanding of Chinese medicine.To learn more about the opinions of exhibitors and buyers, please visit:HKTDC Food Expo PROfoodexpopro.hktdc.comHong Kong International Tea Fairhkteafair.hktdc.comHKTDC Food Expohkfoodexpo.hktdc.comHKTDC Beauty & Wellness Expohkbeautyexpo.hktdc.comHKTDC Home Delights Expohomedelights.hktdc.comThe International Conference of the Modernization of Chinese Medicine and Health Products (ICMCM)icmcm.hktdc.comAugust Happy Buy websiteecoupon.hktdc.com/food/HKTDC’s Communications and Public Affairs DepartmentKaty WongTel: (852) 2584 4524Email: katy.ky.wong@hktdc.orgWinnie KanTel: (852) 2584 4055Email: winnie.wy.kan@hktdc.orgClayton LauwTel: (852) 2584 4472Email: clayton.y.lauw@hktdc.orgMedia Room: http://mediaroom.hktdc.comAbout HKTDC The 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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China Lilang Announces 2026 Interim Results ACN Newswire

China Lilang Announces 2026 Interim Results

HONG KONG, August 17, 2026 - (ACN Newswire via SeaPRwire.com) - China Lilang Limited (“China Lilang” or the “Company”, together with its subsidiaries, the “Group”; stock code: 1234) today announced its interim results for the six months ended 30 June 2026.Mr. Wang Dong Xing, Chairman and Non-Executive Director of China Lilang, said: “In the first half of 2026, global geopolitical tensions remained high, while China’s economy maintained a stable growth momentum, and consumers have become more rational in their purchasing decisions. During the period, China Lilang adjusted its sales strategies in a timely manner to optimize sales performance while upholding its brand positioning and product quality. The Group remained focused on enhancing the competitiveness of both the core collection “LILANZ” and smart casual collection “LESS IS MORE”, improving operational efficiency and expanding market share. At the same time, the Group strategically increased the supply of value-for-money products to cater to the needs of a broader range of consumers. In addition, the Group continued to optimize its omni-channel sales and marketing network, actively promoting the integration of online and offline operations while advancing its Multi-brands and Internationalization strategies, further consolidating its leading position in the menswear industry.For the six months ended 30 June 2026, the Group’s revenue increased by 19.5% to RMB2,064.7 million. Among this, revenue of the smart casual collection and other collections surged 34.7%, mainly driven by strong momentum in its in-store sales and new retail business. The core collection also recorded an increase of 12.7%, primarily driven by the later Lunar New Year, which extended the peak sales season, as well as the rapid expansion of new retail channels and an increased supply of value-for-money offerings, effectively meeting market demand.Gross profit margin decreased by 1.3 percentage points year-on-year to 48.9%, primarily due to an increase in sales of value-for-money products and a higher proportion of sales of products from large-scale year-end promotional activities, which led to a decrease in average unit price. Profit attributable to equity shareholders for the period was RMB215.4 million (2025 Interim: RMB242.5 million). Profit margin attributable to equity shareholders decreased by 3.6 percentage points year-on-year to 10.4%. Earnings per share were RMB18.0 cents.The Board of Directors has recommended payment of an interim dividend of HK10 cents (2025 Interim: HK11 cents) per ordinary share and a special interim dividend of HK4 cents (2025 Interim: HK5 cents), thereby maintaining a relatively high payout ratio.The Group continued to deepen its well-differentiated brand matrix, driven by the dual core collections: the core collection “LILANZ” and the smart casual collection “LILANZ LESS IS MORE”. The “LILANZ” core collection continued to consolidate its position in the traditional menswear market. Through optimizing its product portfolio and continuing its strategic transformation towards the Direct-to-Consumer (“DTC”) model, and repurchasing the operating rights from its first-tier distributors in Hubei Province during the period, the Group strengthened the brand’s influence and penetration among its core customer base, as well as enhanced operational efficiency and market responsiveness.The "LESS IS MORE" smart casual collection that targets younger consumers continued to operate in a fully direct-to-retail model, with its store opening strategy focused on launching outlets at shopping malls preferred by consumers. Coupled with the seamless integration of online and offline channels, the brand was able to engage consumers more precisely and effectively enhance the consumer experience. As at 30 June 2026, there were 2,465 stores for the core collection and 355 stores for the smart casual collection, bringing the Group’s total store count to 2,820, representing a net increase of 3 stores.During the period, new retail channels were one of the Group’s core growth engines, with sales increasing by 39.0% year on year. The Group continues to strengthen mature sales platforms such as Tmall, JD.com, and TikTok, and actively expands into emerging channels such as Pinduoduo, WeChat Channels, Poizon, Xiaohongshu and Weibo, further broadening its online sales coverage, deepening emotional connections with consumers, and opening new growth opportunities for the new retail business.The Group steadily implemented its “Multi-brands and Internationalization” core strategy during the period. In Chinese Mainland, the Group continued to expand the physical store network of “MUNSINGWEAR”, adding 3 new stores during the first half of the year and successfully opening a flagship store at Nanjing Deji Plaza. At the same time, the Group further expanded its online sales channels to achieve synergistic integration between online and offline operations, thereby enhancing brand awareness and market penetration among its target customers, while strengthening its presence in the high-end market segment. In terms of overseas expansion, the Group continued to systematically expand its store network in the Malaysian market, opening 5 stores during the period, and completed the company registration process in the Philippines. The Group has also commenced the company registration process in Vietnam as part of its preparations for entering the local market.During the period, the Group adheres to the design philosophy of “Simplicity but Not Simple” and continuously deepens its proprietary research and development across its industrial chain, focusing on fabric innovation, craftsmanship upgrades and standard setting to strengthen its competitive advantage of “Technology-Empowered Products”, and transform its technological expertise into industry-wide reference standards.Looking ahead to the second half of 2026, the Group will continue to implement its channel upgrade and high-quality development strategy, focusing on enhancing the operating efficiency and profitability of store network. With Hubei Province having completed its DTC model transformation, the Group will focus on consolidating and developing the operation of the transformed regions and fully leveragingthe advantages in management efficiency and market responsiveness brought about by the channel reform. In the future, the Group will prudently evaluate the development of the model and continuously improve the sales network layout, based on the market environment and operating performance in various regions. The Group will continue to focus on potential locations such as high-quality shopping malls and outlets to promote store image upgrades and enhance store efficiency.In terms of new retail business, the Group will pursue integrated online and offline development, fullyleverage its omni-channel advantages to enhance customer engagement and shopping experience. The Group aims to achieve revenue growth of 20% or more for its new retail business in 2026, and overall retail value growth of not less than 10%, further reinforcing its position as a core growth engine of the Group.The Group will continue to enrich the product portfolio of “MUNSINGWEAR” and expand its retail network layout, thereby enhancing brand influence and market coverage. Regarding international expansion, the Group will gradually expand its local retail network in Malaysia, strengthen its brand-building efforts, and actively accumulate operational experience in overseas markets, thereby laying a more solid foundation for its long-term development.Mr. Wang Dong Xing, Chairman of China Lilang, concluded: “Looking ahead to the second half of the year, the Chinese economy still faces the imbalance of ‘strong supply and weak demand’, which will continue to affect consumer confidence in the short term and pose challenges to the recovery of the consumer market. Amid a complex and ever-changing operating environment, China Lilang will continue to leverage its solid brand foundation and market leadership advantages, adhere to its prudent operating strategy, and further enhance its competitiveness in products, channels and operations. By capturing opportunities arising from industry developments, the Group remains committed to delivering sustainable returns to shareholders.”About China LilangChina Lilang is one of the leading PRC menswear enterprises. As an integrated fashion enterprise, the Group designs, sources and manufactures high-quality business and casual apparel for men and sells under brands of LILANZ and LESS IS MORE. Its products are sold primarily through an extensive retail and distribution network in the PRC and overseas markets.For further inquiries, please contact:Keris Leung / Mel LaiTel: (852) 2864 4863 / 2864 4855Email: chinalilang@sprg.com.hk Copyright 2026 ACN Newswire via SeaPRwire.com. 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Kincora Reports June 2026 Quarterly Activities and Financial Results ACN Newswire

Kincora Reports June 2026 Quarterly Activities and Financial Results

Vancouver, BC, Aug 14, 2026 - (ACN Newswire via SeaPRwire.com) - Copper-gold explorer and hybrid project generator Kincora Copper Limited (ASX: KCC) (TSXV: KCC) ("Kincora" or "the Company") is pleased to report its financial and operating results for the quarter ended June 30, 2026.During the quarter, Kincora continued to advance its hybrid prospect generator strategy across its NSW portfolio, with key activities including:Partner-funded drilling continued with AngloGold Ashanti at the Nevertire South project, targeting a highly prospective porphyry setting in the Northern Junee-Narromine Belt.Completion of nine drill holes at the 100%-owned Condobolin project, representing the first systematic drilling program at the historic mining field in over a decade, with results pending.Completion of "traditional" geological and "next-generation" AI reviews across key NSW projects, generating and refining new exploration targets.Commencement of a formal process with potential new asset-level partners for the Trundle, Fairholme, Cowal East and Cundumbul projects.Advancement of planning for air-core drilling programs during the upcoming late Spring-Summer period.Progress on the divestment of Kincora's Mongolian assets for total consideration of US$10M. US$5M has now been received, with the final US$5M expected upon completion of the transaction.A current cash balance of approximately A$12M.President and Chief Executive Officer Sam Spring commented:"We made strong progress during the quarter advancing our portfolio, with drilling across two projects, new targets generated through both traditional and AI-supported technical reviews, and a formal process now underway with potential new asset-level partners.With approximately A$12M in cash, further proceeds expected from the Mongolian divestment and multiple exploration catalysts ahead, Kincora is well positioned to systematically advance our NSW portfolio and pursue the next stage of our hybrid prospect generator strategy."The full Quarterly Activities Report, Financial Statements and MD&A for the period ended June 30, 2026 have been filed on SEDAR+ (www.sedarplus.ca) and are also available on the Companys website at www.kincoracopper.com.About KincoraKincora Copper Limited (ASX: KCC) (TSXV: KCC) is an emerging Australia-focused gold-copper explorer with a hybrid project generator strategy and currently drilling at two projects (Nevertire South and Condobolin).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 and Mongolia's Southern Gobi, two 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 $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 a very focused capital efficient programs at the Condobolin and 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)FOR FURTHER INFORMATION PLEASE CONTACT: Sam Spring, President and Chief Executive Officersam.spring@kincoracopper.com or +61431 329 345Kaitlin Taylor, Investor Relationsinvestors@kincoracopper.comExecutive officeSubsidiary office Australia 400 - 837 West Hastings Street Vancouver, BC V6C 3N6, Canada Tel: 1.604.283.1722 C/- JM Corporate ServicesLevel 6, 350 Collins StreetMelbourne, VIC, Australia 3000 Forward-Looking StatementsCertain information regarding Kincora contained herein may constitute forward-looking statements within the meaning of applicable securities laws. Forward-looking statements may include estimates, plans, expectations, opinions, forecasts, projections, guidance or other statements that are not statements of fact. Although Kincora believes that the expectations reflected in such forward-looking statements are reasonable, it can give no assurance that such expectations 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, exploitation and exploration results, continued availability of capital and financing and general economic, market or business conditions. 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/309617 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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CALB Announces Positive Profit Alert ACN Newswire

CALB Announces Positive Profit Alert

HONG KONG, August 14, 2026 - (ACN Newswire via SeaPRwire.com) - CALB Group Co., Ltd. (“CALB” or the “Company”, stock code: 3931.HK) announced its 2026 interim results forecast. According to the announcement, the Company is expected to record a net profit ranging from approximately RMB1,506 million to RMB1,581 million for the six months ended June 30, 2026, representing an increase ranging from approximately 100% to 110% compared to the net profit of approximately RMB753 million for the corresponding period last year. During the Reporting Period, the year-on-year increase in the Company’s profit was primarily attributable to the expansion of the customer base and new application scenarios, as well as the continued ramp-up of new products in passenger vehicles, commercial vehicles, energy storage and other applications, which led to sustained growth in business scale.In the first half of 2026, CALB continued to expand its power battery customer base, with its innovative products gaining broader market adoption. In the passenger vehicle segment, its 5C ultra-fast charging and high-power batteries continued to ramp up. CALB exclusively supplies battery cells for the XPeng GX series and LFP batteries for the MONA L03, while also serving as the sole battery cell supplier for the XPeng G9L. Its 5C ultra-fast charging batteries have also been adopted in the new XPeng P7 Long Range and other models, with monthly sales remaining strong. In addition, CALB continued to strengthen cooperation with leading customers. As a core co-development partner of Huawei’s Giant Whale Battery Platform, CALB’s products have been deployed across multiple vehicle models under HIMA, including Luxeed and SAIC. In its cooperation with Xiaomi Auto, CALB has entered the supply chain for Xiaomi’s SkyNomad series. The Xiaomi SkyNomad N90 and N70 Max are equipped with CALB’s 76kWh ternary lithium-ion batteries and are set to enter mass production and delivery.During the reporting period, CALB’s ESS business maintained strong growth, with its products gaining recognition from domestic and international customers. CALB’s 314Ah Gen2 and next-generation “ZHIJIU” 392Ah, 588Ah and 600Ah+ large ESS cells, as well as its 6.25MWh and 6.9MWh containerized ESS systems, have received strong recognition from domestic and international customers, supported by their high energy efficiency, ultra-long cycle life and zero degradation over the first 1,000 cycles. Meanwhile, CALB continued to strengthen cooperation with leading ESS integrators such as Sungrow and Huawei, while steadily advancing cooperation with developers including SPIC and China Three Gorges Renewables. In overseas markets, CALB has successfully entered the supplier lists of more leading customers in regions including South Africa, Latin America, the United States and Israel, with new project awards and deliveries gaining momentumAbout CALBCALB (3931.HK) is a new energy enterprise specializing in the research, production, sales, and market application development of lithium batteries, battery management systems, and related integrated products and lithium battery materials. As Battery Expert, we aim to build a comprehensive energy operation system, to provide complete product solutions and full life-cycle management for the new energy application market, represented by power and energy storage.Currently, CALB has completed an all-round layout in domestic by setting up industrial bases in Changzhou, Xiamen, Wuhan, Chengdu, Hefei, Jiangmen and Meishan. Meanwhile, CALB has set up bases in Europe and ASEAN, vigorously expanding the layout all over the world to become a global leading enterprise with large-scale intelligent manufacturing capabilities. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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uSMART Launches ’12-Fee Waiver’ Promotion for Silver Bonds ACN Newswire

uSMART Launches ’12-Fee Waiver’ Promotion for Silver Bonds

HONG KONG, August 14, 2026 - (ACN Newswire via SeaPRwire.com) - uSMART Securities Limited ("uSMART Securities/the Company") , the No.1 Hong Kong Funded Fintech Brokerage^, is pleased to announce the launch of its "12-Fee Waiver for Silver Bonds" promotion in response to the Government’s 11th batch of Silver Bonds. The promotion covers all transaction and holding process fees, significantly lowering participation costs and allowing senior investors to manage their assets with greater ease and flexibility.The "12-Fee Waiver" offers comprehensive coverage across various stages, from subscription and holding to redemption and related service fees, including:1. Subscription Handling Fee Waiver2. Commission Waiver3. Deposit Fee Waiver4. Custodian/Storage Fee Waiver5. Platform Fee Waiver6. Transfer-in Fee Waiver7. Transfer-out Fee Waiver8. Custody Fee Waiver9. Inactive Account Fee Waiver10. Maturity Redemption Fee Waiver11. Early Redemption Fee Waiver12. Dividend Collection Handling Fee WaiverMr. Neo Lee, Executive Director of uSMART Securities, stated: " uSMART has always been client-centric. The introduction of this highly competitive promotion significantly reduces subscription costs, allowing senior clients to fully enjoy a guaranteed return of no less than 4.25% p.a."Mr. Dickie Wong, uSMART’s Executive Director of Research, said: “Silver Bonds offer a rare combination of 'capital protection + high yield + inflation protection', making them an ideal core fixed-income allocation for senior investors. We advise investors to seize this opportunity and allocate their assets prudently to lock in stable long-term returns."Furthermore, new uSMART clients who subscribe to the Silver Bonds will be entered into a Grand Lucky Draw. Prizes include up to HK$50,000 in global travel cash vouchers and popular US stocks, enabling winners to enjoy memorable family vacations with their children and grandchildren.Committed to serving the Hong Kong local market, uSMART strives to create a more seamless and convenient investment experience. The Company's 11th branch, the Mong Kok Branch, is scheduled to grandly open in September. This expansion will further strengthen uSMART’s O2O (online-to-offline) integrated service capabilities, delivering professional and personalized financial services to clients.Looking ahead, the Company will continue to adhere to its core values of technological innovation, professional service, and a client-first ethos. uSMART will steadily expand its business footprint, enhance service accessibility, and continuously upgrade its products and services, reinforcing its position as the leading Hong Kong-funded tech brokerage by delivering highly efficient, convenient, and professional financial solutions.Investment involves risks; please evaluate carefully.^”No.1 Hong Kong Funded Fintech Brokerage" is based on TradeGo Cloud data, with uSMART Securities ranking first in monthly transaction volume among local Hong Kong-funded internet brokers for over a year as of February 2026.About uSMART:uSMART Securities is a leading Hong Kong Funded Fintech Brokerage founded in 2018. Over the past eight years, it has pioneered the fusion of technology and finance, offering stocks trading, asset management, and wealth management solutions. Its proprietary platforms, uSMART HK APP and uSMART SG APP, operated by uSMART Securities (Hong Kong) and uSMART Securities (Singapore) respectively. It supports investments in Hong Kong stocks, US stocks, A-shares (Shanghai, Shenzhen and Hong Kong stock connect), Singapore Stocks, Japan Stocks, UK Stocks, US options, ETFs, Funds, Bonds, Asset Management, Structured Notes, Futures, Crypto, Precious Metals, Gold, and forex. Furthermore, uSMART is equipped with a highly professional research and asset management team that offers asset management, wealth management, securities brokerage, institutional business, LPF services, and investment banking, dedicated to serving ultra-high-net-worth individuals and families, corporations, investment institutions, fund companies, and other brokerage firms with comprehensive asset management solutions.For details please visit: https://hk.usmartglobal.comFor any media queries, please contact:Carrie Wong9788 4665carriewong@usmart.hk Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Analysts See SHEIN at US$35-40bn Ahead of IPO, Citing Global Fashion Scale and Strong Financials

HONG KONG, August 14, 2026 - (ACN Newswire via SeaPRwire.com) - In recent years, the digital economy has deeply penetrated global consumer markets. The online fashion industry, with its unique advantages of lightweight operations, high iteration speed, and global reach, has entered a golden period of rapid growth, unlocking substantial development space and opportunities for related sectors. In this context, enterprises equipped with digital core capabilities, global expansion advantages, and distinctive supply chain systems are gradually securing a competitive edge in industry development.As a leading enterprise in the global online fashion industry, SHEIN accurately captures the trends of digital consumption. Relying on its original business model, intelligent supply chain system, and global operational capabilities, it continues to break through industry bottlenecks, drives the transformation and upgrading of the global fast fashion sector, and sets a benchmark for Chinese enterprises expanding overseas.Benchmarking Against Fashion Enterprises Inditex and H&M: Forging a Distinctive LATR Operational ModelFounded in 2012, SHEIN is a global online fashion and lifestyle enterprise. The Company has consistently pursued a global footprint, benchmarking itself against leading international fashion conglomerates including Inditex and H&M, setting it apart from conventional region-focused Chinese brands.The Company now owns an array of globally renowned fashion brands, with its business footprint spanning roughly 160 markets worldwide. It has cultivated diversified revenue streams to effectively mitigate risks stemming from over reliance on a single market, forged a robust and sophisticated global commercial ecosystem, and secured a prominent position within the core global fast fashion sector.The distinctive LATR operational model is the core moat that propels SHEIN to the forefront of the industry. In contrast to peers such as Inditex and H&M, whose models tend to converge and lack meaningful differentiation, SHEIN’s proprietary operational system has significantly optimized the operational value chain of the fashion industry, cultivating a distinctive and defensible competitive advantage.In terms of business model innovation, SHEIN has achieved a disruptive breakthrough by pioneering its proprietary operational model, the Large-scale Automated Test Reorder (LATR) system. This model represents the optimal solution to the long-standing trilemma confronting the fashion apparel industry, and has fundamentally revolutionized the traditional operational logic governing apparel production, sales, and iteration.Supported by the Company’s end-to-end smart supply chain and responsive global fulfillment infrastructure, the LATR system facilitates the optimal equilibrium across product assortment diversity, speed-to-market in design, and inventory control. Consequently, it addresses the persistent trilemma that has long beset the industry, and serves as a catalyst for the global fast-fashion sector’s transition from a conventional extensive-growth model to a refined, digitally-enabled, and sustainable development trajectory.The impressive growth figures underscore SHEIN’s robust momentum. From 2023 to 2025, the Company’s active customers increased from 186 million to 273 million, representing a compound annual growth rate (CAGR) of 21.2%, significantly outpacing traditional international industry giants.In terms of operational efficiency and value creation, SHEIN’s advantages are particularly distinctive. Its operational efficiency substantially surpasses that of its peers, with inventory turnover days of only 36 days, markedly better than the industry benchmarks of 71 days for Inditex, 114 days for Fast Retailing, and 164 days for Adidas.Meanwhile, underpinned by a rigorous cost-control and highly pragmatic corporate culture, the Company has consistently pursued cost reduction and efficiency enhancement initiatives, continuously optimizing its cash flow. Furthermore, SHEIN demonstrates strong cash generation capabilities and has made a solemn commitment to maintain a dividend payout ratio of no less than 50% following its listing, thereby delivering stable returns to investors.Sound Financial Fundamentals and Valuation on Par with Global Fashion GiantsDriven by its proven business model, continuously iterating technological capabilities, and global channel footprint, SHEIN has recorded sustained and solid growth in operating performance, alongside steadily improving profitability.According to the Prospectus, SHEIN generated net revenue of US$41.8 billion in 2025, representing a CAGR of 14.2% from 2023 to 2025, with steady revenue expansion and sustained growth momentum. During the same period, the Company achieved a net profit of US$2.064 billion, reflecting excellent earnings quality and underscoring its exceptional operational resilience and growth vitality.In the first quarter of 2026, the Company sustained its steady growth trajectory, generating net revenue of US$9.1 billion for the period, representing a year-over-year increase of 1.1%. Against the backdrop of global consumer market volatility and intensifying industry competition, it maintained positive growth, demonstrating solid commercialization and monetization capabilities as well as robust resilience to risks.Against the industry benchmark of 25x price to earnings ratio (P/E ratio) for Inditex in FY2027 and 20x P/E ratio for H&M in FY2027, SHEIN, underpinned by its differentiated business model, strong growth momentum and leading operational efficiency, possesses the fundamental basis for a valuation that is comparable to, or even on par with, global fashion giants.Current market analysts assign SHEIN a P/E valuation range of 20x to 30x, positioning it between H&M and Inditex. According to Reuters, the Company’s target valuation for this IPO is in the range of US$35 billion to US$40 billion, fully reflecting its solid operational fundamentals and long-term growth potential.Innovation drives industrial upgrading. Deep cultivation fuels global development. With over a decade of deep engagement in the industry, SHEIN, leveraging its unique business model, solid supply chain capabilities and deep global brand equity, has completed a transformative leap from a rising Chinese cross-border player to a global fashion leader.Following its successful listing on the Hong Kong capital market, SHEIN will leverage the international capital platform of the Hong Kong stock market to further deepen technological innovation, optimize its global footprint and reinforce its industry moats. With vast market headroom and abundant growth momentum, the Company’s future development potential is well worth investors’ high expectations. Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Airwheel Announces a New Luxury AI Wheel Cabin Suitcase:20-inch Carry-On Hand electric Ride Luggage Powered by Smart Mobility Technology ACN Newswire

Airwheel Announces a New Luxury AI Wheel Cabin Suitcase:20-inch Carry-On Hand electric Ride Luggage Powered by Smart Mobility Technology

BRUSSELS, BELGIUM, Aug 14, 2026 - (ACN Newswire via SeaPRwire.com) - Airwheel has officially announced the launch of its new luxury AI wheel cabin suitcase, a 20-inch carry-on electric ride luggage that integrates smart mobility technology to redefine how travelers move. Airwheel is bringing a new dimension of intelligent mobility to one of the most familiar products in travel—the cabin suitcase. As AI, robotics, and electric mobility move rapidly from emerging technologies into everyday life, Airwheel is rethinking how people move with their luggage. Its latest generation of intelligent rideable luggage integrates electric drive systems, smart controls, digital connectivity, and human-machine interaction, transforming the traditional suitcase from a passive carrier into an active mobility companion. Designed for airports, railway stations, business trips, exhibitions, and urban exploration, Airwheel's portfolio of Smart Suitcase, Rideable Suitcase, and Electric Suitcase solutions reflects a broader shift in travel technology: the suitcase is no longer simply something travelers carry—it can become part of how they move.From Intelligent Mobility to Embodied IntelligenceAirwheel has focused on intelligent mobility, evolving from smart self-balancing vehicles and electric bicycles to intelligent wheelchairs and rideable luggage. Across these categories, the company has continued to explore how electric drive technology, intelligent control, and human-machine interaction can create a more natural connection between people and technology.That exploration is becoming increasingly relevant as AI and Embodied Intelligence move from algorithms and digital interfaces into the physical world.For Airwheel, luggage represents a particularly relevant opportunity.Modern travel has become faster and more connected, yet much of the journey still depends on physical movement between airports, railway platforms, hotels, convention centers, and urban destinations. These short-distance transitions can become one of the most tiring parts of a trip.Airwheel is addressing this overlooked part of mobility with a simple question:What if a suitcase could do more than carry belongings? What if it could actively participate in the journey?The company's answer is its Rideable Cabin Suitcase.By combining electric drive technology, intelligent controls, digital connectivity, and human-machine interaction, Airwheel transforms conventional luggage from a passive container into a mobility companion designed to move with its user.This approach offers a practical interpretation of Embodied Intelligence in everyday travel—bringing intelligent technology beyond the screen and into the physical experience of moving through the real world.Riding Turns Luggage into a Mobility ExperienceAirwheel's approach to more flexible travel begins with giving the suitcase the ability to ride.Its smart luggage integrates electric drive systems, motorized wheels, and intelligent riding handles, allowing users to switch from conventional pulling to electric riding.Whether navigating an airport, transferring between railway platforms, moving through an exhibition center, or exploring a city, users can reduce the physical effort associated with pulling luggage.For Airwheel, riding is more than a product feature. It represents a change in the relationship between travelers and their luggage.Instead of simply following behind, the suitcase becomes part of the movement itself.Luggage can move with the traveler rather than simply being pulled by the traveler.From Rideable to Connected: Building a Smarter Travel ExperienceElectric mobility gives the suitcase the ability to move. Intelligent connectivity adds another layer by connecting the traveler with the device.Airwheel has developed dedicated mobile applications for multiple smart rideable suitcase models, supporting major operating systems including Android, iOS, and HarmonyOS.Users can monitor riding speed, battery status, mileage, and other operating information while adjusting speed settings, controlling lighting, and accessing intelligent remote-control functions.Low-battery notifications and Bluetooth disconnection alerts further enhance everyday usability, while selected models support Apple Find My, allowing users to locate their luggage through Apple's established tracking ecosystem.Together, these capabilities move the Smart Suitcase beyond traditional luggage functionality.The goal is not to add technology for Airwheel sake, but to make interaction simpler, more intuitive, and more useful throughout the journey.Beyond Efficiency: The Emotional Value of Intelligent MobilityFor younger travelers, a Smart Suitcase can become a distinctive expression of technology and personal style. For business travelers, an Electric Suitcase can reduce physical fatigue during frequent movement. For families, a Rideable Suitcase can give children a more active role in the travel experience.Airwheel's intelligent luggage portfolio includes 20-inch Cabin Suitcase configurations for compact travel as well as larger 24-inch checked-luggage models for longer journeys.Selected models feature 73.26Wh modular lithium batteries and relevant safety certification, while removable battery designs provide additional flexibility for different transportation scenarios.TSA-compatible combination locks are designed to support international travel and security inspection requirements.USB charging connectivity further expands the role of the suitcase, allowing travelers to conveniently power smartphones and other portable electronic devices while on the move.The result is a new category of travel equipment that combines several roles: luggage, personal electric mobility, portable power, and connected technology.Airwheel's Smart Suitcase PortfolioAirwheel continues to expand its intelligent luggage portfolio to address different travel needs, from premium business trips and cabin travel to long-distance journeys and family vacations.Airwheel SE3SXD Ai Luxury Suitcase: One-Touch Deployment for a New Riding ExperienceThe Airwheel SE3SXD is positioned as Airwheel's flagship intelligent rideable suitcase, introducing a one-touch automatic deployment system designed to simplify the transition into riding mode.With a single press, the motorized front wheel and intelligent riding handle automatically extend and lock into position. The system eliminates the need for multiple manual adjustments before riding, with a maximum riding speed of up to 9.9 km/h.This shift—from users manually configuring a device to the device automatically completing part of the setup—illustrates Airwheel's approach to more natural human-machine interaction.Its 20-inch cabin configuration, smart app connectivity, and USB charging further position the SE3SXD within the emerging category of AI Suitcase and next-generation intelligent travel technology.Airwheel SE3SL+ Airport Suitcase: Smart Mobility for Frequent TravelersDesigned for frequent travelers, the Airwheel SE3SL+ combines intelligent riding, smart connectivity, and a portable 20-inch design.The model supports riding speeds of up to 9.9 km/h and integrates smart app connectivity, USB charging, and Apple Find My support.Its 20-inch format makes it suitable for carry-on travel, while the modular 73.26Wh lithium battery and relevant safety certification are designed around modern transportation requirements.For business trips and premium leisure travel, the SE3SL+ combines the convenience of a Carry-On Suitcase with the mobility of an Electric Suitcase.Airwheel SE3S Smart Electric Suitcase: A Proven Rideable Mobility PlatformThe Airwheel SE3S is one of Airwheel's established rideable luggage models, combining a high-performance motorized wheel with riding speeds of up to 13 km/h.Designed for everyday travel and urban exploration, it helps reduce the physical effort associated with conventional luggage while providing a more engaging mobility experience.Its development reflects Airwheel's continued evolution of the Rideable Suitcase from an emerging product concept into a practical travel solution.Airwheel SE3T: More Capacity for Longer JourneysFor travelers who require additional storage, the Airwheel SE3T features a 24-inch suitcase body with approximately 48 liters of capacity.Its internal organization and side-opening design are intended to make packing and accessing belongings more convenient, while riding speeds of up to 13 km/h help reduce the effort required to move larger luggage.The SE3T extends Airwheel's electric rideable luggage concept beyond compact cabin travel to longer journeys.Airwheel SQ3S Kids Suitcase: Bringing Children into the Travel ExperienceDesigned for family travel, the Airwheel SQ3S gives younger travelers an opportunity to participate more actively in the journey.The smart rideable children's suitcase supports riding speeds of up to approximately 6.5 km/h, helping children keep pace with their parents during travel.An integrated high-fidelity audio system supports TF cards and Bluetooth connectivity, allowing children to enjoy music, stories, and educational content along the way.For young travelers, it is more than luggage. It becomes a personal rideable companion designed to add interaction and enjoyment to family travel.Technology, in this context, does not replace human experience. It enriches it.The Airwheel has continued to develop technologies spanning electric drive systems, intelligent controls, human-machine interaction, and personal mobility, applying these capabilities across different categories of transportation products.From smart self-balancing vehicles and electric bicycles to intelligent wheelchairs and rideable luggage, Airwheel has pursued one consistent question:How can technology become a more natural part of human mobility?To date, Airwheel has accumulated more than 600 patents worldwide, including international invention patents and PCT patents.Its products have also received recognition from international design programs, including the MUSE Design Awards, Berlin Design Awards, French Design Awards, and Asian Design Awards.For Airwheel, however, patents and awards are not the destination.The real value of technology lies in how it improves everyday life.Future intelligent devices may not simply answer questions or process commands. They may increasingly sense their environments, respond to users, participate in physical actions, and become more naturally integrated into everyday life.For mobility, this could mean smarter vehicles, more capable robots, and luggage with its own ability to move.Airwheel's intelligent rideable luggage represents one practical expression of this transformation.By integrating electric drive systems, intelligent controls, digital connectivity, and human-machine interaction into a familiar travel product, Airwheel is exploring how AI Suitcase, Smart Suitcase, and Rideable Suitcase technologies can evolve beyond conventional luggage.Ultimately, the purpose of intelligent mobility is not to make travel more complicated. It is to give people more choices—to move with less effort, explore with greater freedom, and experience more control, convenience, and enjoyment along the way.The world keeps moving forward.Our way of moving should evolve with it.Airwheel continues to explore how intelligent mobility can make every journey lighter, smarter, freer, and more enjoyable.Media ContactCompany: AirwheelContact: Media TeamWebsite: https://www.airwheel.net Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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FWD Group marks 13 years with charitable grants benefitting over 13,000 people across Asia ACN Newswire

FWD Group marks 13 years with charitable grants benefitting over 13,000 people across Asia

HONG KONG, August 14, 2026 - (ACN Newswire via SeaPRwire.com) - FWD Group Holdings Limited (“FWD Group” or “FWD”) today marked its 13th anniversary by announcing charitable grants dedicated to supporting more than 13,000 people in communities across Asia.Established in 2013 with a mission to move the life insurance industry in a new direction, FWD Group has grown from its early operations in Hong Kong SAR, Macau SAR and Thailand into a pan-Asian life and health insurer serving millions of customers and their families across 10 markets. In July last year, FWD Group reached another milestone with its listing on the Hong Kong Stock Exchange, under the stock code 1828.Huynh Thanh Phong, Group Chief Executive Officer and Executive Director of FWD Group, said, “At FWD Group, changing the way people feel about insurance is about much more than looking after our customers – it’s also about supporting the communities where we operate. These 13 grants are a meaningful way to give back to the people and places that have been part of our journey. Together with trusted community partners, we hope to make a real difference in people’s lives, while also bringing our caring value to life through employee volunteering.”The 13 grants will support initiatives across the region spanning financial literacy, career readiness, entrepreneurship, health and wellbeing, and community recovery:- Hong Kong SAR: Extending the JA SparktheDream Wellness Programme with Junior Achievement Hong Kong through interactive workshops and family activities to equip 2,600 primary school students with social, emotional and financial skills to build resilience and thrive.Strengthening the wellbeing, resilience and social-emotional skills of 200 children and 80 caregivers affected by the Tai Po fire through a football-based programme with Save the Children Hong Kong.Advancing the long-term recovery of Tai Po communities with psychosocial support and community-building initiatives led by Plan International Hong Kong for over 6,500 students, parents and teachers.- Cambodia: Equipping 200 young people with practical money management skills via financial education workshops, expert-led discussions and digital learning content with JCI Mekong.- Indonesia: Partnering with KUMPUL on InnovateHer Academy 4.0 to empower another 10 female entrepreneurs with mentorship, business and investment readiness skills.- Japan: Promoting inclusion, wellbeing and social connection through football clinics for over 15 visually impaired people with Hands On Tokyo.- Malaysia: Supporting GivingHub to provide 170 low-income families with health education and financial literacy workshops and 100 cancer screening and consultation sessions.- The Philippines: Helping 100 university students transition into the workforce with financial literacy, career readiness, and future-of-work skills with Junior Achievement Philippines.- Singapore: Supporting 50 children with chronic illnesses and their caregivers through a fun-filled carnival experience with Club Rainbow (Singapore), bringing together families, caregivers and volunteers to foster inclusion and community spirit.- Thailand: Extending career readiness support for seven disadvantaged Thai youth via hospitality training scholarships with Pimali Foundation.Expanding the JA SparktheDream programme with Junior Achievement Thailand to enable another 30 Thai educators to deliver engaging financial literacy education for students by equipping them with knowledge, tools, and teaching skills.- Vietnam: Empowering 800 students to make better financial decisions through workshops and debate competitions by Startup Vietnam Foundation and Dear Our Community to build financial literacy, critical thinking, and communication skills.Providing schools in Vietnam's Khanh Hoa Province with 76 computers through Little Roses Foundation to enable 1,800 students to continue learning after damages from severe flooding.About FWD GroupFWD Group (1828.HK) is a pan-Asian life and health insurance business that serves approximately 40 million customers across 10 markets, including BRI Life in Indonesia. FWD’s customer-led and tech-enabled approach aims to deliver innovative propositions, easy-to-understand products and a simpler insurance experience. Established in 2013, the company operates in some of the fastest-growing insurance markets in the world with a vision of changing the way people feel about insurance. FWD Group is listed on the Hong Kong Stock Exchange under the stock code 1828. For more information, please visit www.fwd.comFor media inquiries, please contact: groupcommunications@fwd.comSource: FWD Group Holdings Limited Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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Visa and SFHK Unlock Tap to Pay, Elevating Doorstep Pickup and Delivery Payment Experience ACN Newswire

Visa and SFHK Unlock Tap to Pay, Elevating Doorstep Pickup and Delivery Payment Experience

- Customers can now make Visa card payments directly when using SFHK’s doorstep pickup and delivery services, adding a more secure and convenient card payment option to SFHK’s service.- From today until 30 November 2026, Visa cardholders can enjoy an exclusive HKD3 cash rebate for every HKD30 spent on eligible single SFHK transactions after registering on the designated rewards platform, applicable to both doorstep delivery payments and parcel shipments at SF Stores. HONG KONG, August 14, 2026 - (ACN Newswire via SeaPRwire.com) - 13 August 2026, Visa, a global leader in digital payments, today announced a partnership with S.F. Express (Hong Kong) Limited ("SFHK"), to bring secure, seamless and contactless card payment experiences to everyday sending and receiving services, enabling customers to pay conveniently and confidently throughout their logistics journey. Building upon Visa acceptance currently available at SF stores, this collaboration extends contactless payment to more touchpoints, allowing customers to pay with Visa directly at their doorsteps when sending or receiving parcels via couriers. By integrating Visa’s safe and efficient payment capability from purchase to delivery, the partnership delivers a smoother, safer and more flexible experience for consumers.Enhancing logistics payment flexibility to meet evolving consumers and merchant needsAs eCommerce continues to grow, delivery has become one of the most frequent consumer touchpoints. While cash on delivery has traditionally remained popular by giving buyers a sense of comfort and reassurance when receiving physical goods, there is a growing preference for digitalised payment options. As cashless habits take hold, the market is transitioning from traditional cash on delivery to modernised digital payment on delivery at the point of handover.To meet this demand, Visa provides a trusted, secure payment method that consumers already rely on daily. By expanding Visa card acceptance across SFHK's network, customers can now use their preferred Visa cards when receiving or sending parcels at their doorsteps. SFHK couriers equipped with smart handheld devices – enabled by The Payment Cards Group (Yedpay)’s digital payment solution – can process payments directly upon delivery or pickup, covering a full range of payment scenarios including freight charges and Cash-on-Delivery (COD). This preserves the reassurance of paying only when the package arrives, while delivering the speed, security, and convenience of digital payments. Furthermore, as a major global trade hub, Hong Kong is experiencing rising demand for doorstep payment options when consumers purchase from international merchants. By extending Visa acceptance across the delivery process, Hong Kong consumers can shop from overseas merchants and boutique brands with greater ease, enjoying a familiar and trusted payment option upon delivery."As one of the world's most important trading hubs, Hong Kong depends on the efficient movement of goods, services and payments," said Paulina Leong, General Manager of Visa Hong Kong and Macau. "SFHK plays a vital role across logistics customer touchpoints, making it an ideal partner as we work to deliver a seamless and secure end-to-end commerce journey. By integrating Visa's global payment capabilities with SFHK's extensive delivery network, we are helping to modernise how payments are accepted across logistics touchpoints, streamlining operations, reducing cash handling, and bringing greater efficiency, convenience and security to courier and delivery services. As digital trade continues to grow, we believe this model can be scaled across markets to benefit logistics providers, merchants and consumers alike.”SFHK’s extensive service network drives seamless integration of digital payments across delivery touchpointsAs one of Hong Kong’s leading logistics providers, SFHK operates an extensive network with service coverage across Hong Kong supported by over 140 SF Stores, providing convenient access points across the city. With high daily parcel volumes and multiple consumer touchpoints, SFHK has evolved into a high-frequency platform connecting customers with delivery services across both physical and digital environments.Mr. Steve Shum, Head of Hong Kong and Macau Regions at SF Express, stated, "We are pleased to partner with Visa to bring greater payment flexibility to our customers across Hong Kong. At SF, we are constantly looking for ways to enhance the logistics and delivery experience, and offering more payment choices is an essential part of that commitment. This collaboration extends Visa payment beyond our SF stores directly to customers’ doorsteps, enabling a seamless contactless payment experience when sending and receiving parcels. We look forward to exploring further opportunities with Visa to seamlessly integrate digital payment into smart logistics, continuously elevating the overall logistics service experience in Hong Kong."Exclusive promotional offers for Visa cardholders in Hong KongTo celebrate the partnership, Visa and SFHK are launching an exclusive limited-time promotional offer for customers across Hong Kong. From today until 30 November 2026, Visa cardholders can enjoy HKD3 cash rebate for every single HKD30 spent on eligible SFHK transactions. To participate, customers can register via the Visa Select Rewards platform prior to making a transaction. Eligible rebates will be credited directly to the cardholder’s statement, providing a seamless and rewarding payment experience.For registration and more details, please visit the Visa Select Rewards Platform:https://visaselectrewardhk.com/campaign/C202607290001Please click here to download the high-resolution images.[1] Eligible Cardholders can enjoy the Promotion up to four 4 times during promotional period. Terms and Conditions apply.About VisaVisa (NYSE: V) is a world leader in digital payments, facilitating transactions between consumers, sellers, financial institutions and government entities across more than 200 countries and territories. Our mission is to connect the world through the most innovative, convenient, reliable and secure payments network, enabling individuals, businesses and economies to thrive. We believe that economies that include everyone everywhere, uplift everyone everywhere and see access as foundational to the future of money movement. Learn more at Visa.com.About SFHKSFHK leverages its robust logistics network to provide customers with a diverse range of courier services and one-stop integrated logistics solutions. Our core business in Hong Kong encompasses local, cross-border, and international express and logistics services, cold chain delivery, warehouse management and distribution, as well as SF Locker services for last-mile delivery.For more details, please visit our website: https://htm.sf-express.com/hk/enMedia ContactVisaVisaStefanie Wong Melody Kung Corporate Communications Manager Senior Account Executive Visa Hong Kong and Macau Hoffman Hong Kong Tel: +852 2842 2314 Tel: +852 6056 7860 Email: stefanie.wong@visa.com Email: mkung@hoffman.com SFHKJessie ChanAssistant Manager, Public AffairsS.F. Express (Hong Kong) LimitedTel: +852 3123 5106 Email: sfnws@sf-express.com Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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‘Doomsday: Last Survivors’ Unleashes Growth Potential as Gross Billings Hit Record Highs ACN Newswire

‘Doomsday: Last Survivors’ Unleashes Growth Potential as Gross Billings Hit Record Highs

2026 Interim Financial Highlights and 2H26 Outlook of IGG Inc:- The Group’s revenue for the first half of 2026 reached approximately HK$2.9 billion, representing a year-on-year increase of 6% and a half-on-half growth of 4%. Notably, the mid-generation title “Doomsday: Last Survivors” achieved breakthrough results with record-breaking monthly and quarterly gross billings, contributing approximately HK$700 million in revenue—a remarkable 33% jump year-on-year. The Group’s other mid-generation title, “Viking Rise”, contributed approximately HK$350 million to total revenue. Meanwhile, the APP Business also maintained its growth trajectory, generating approximately HK$570 million in revenue, up 7% year-on-year. “Lords Mobile”, IGG’s flagship title launched a decade ago, demonstrated remarkable longevity by contributing HK$1.02 billion in revenue.- For the first half of 2026, the Group recorded a net profit of HK$310 million, with net profit from its core business (non-IFRS measure) reaching HK$320 million, and its investment business recording an unrealized loss of approximately HK$10 million arising from the fair-value changes of investees.- The Board of Directors declared an interim dividend of HK8.2 cents per ordinary share and a special dividend of HK8.2 cents per ordinary share, totalling HK16.4 cents per ordinary share, which represents approximately 60% of the interim profit.HONG KONG, August 14, 2026 - (ACN Newswire via SeaPRwire.com) - IGG Inc (“IGG” or the “Group”, stock code: 799.HK), a leading global developer and publisher of mobile games and applications, announces its unaudited consolidated interim results for the six months ended 30 June 2026.Capitalizing on its global and diversified business edge, the Group recorded a steady revenue of HK$2.9 billion, up 6% year-on-year and 4% half-on-half, despite intensified global geopolitical conflicts during the period. The Group’s game business maintained steady growth, with the mid-generation title “Doomsday: Last Survivors” hitting record highs in both monthly and quarterly gross billings, generating approximately HK$700 million in revenue—a notable 33% increase year-on-year. The Group’s other mid-generation title, “Viking Rise”, contributed approximately HK$350 million to the total revenue. “Lords Mobile”, IGG’s flagship title launched a decade ago, demonstrated remarkable longevity in a highly competitive market by contributing HK$1.02 billion in revenue, holding steady compared to the second half of 2025. Additionally, the APP Business also maintained its growth trajectory, generating approximately HK$570 million in revenue, up 7% year-on-year. During the period, revenue from Asia, Europe and North America accounted for 41%, 37% and 18%, respectively, of the Group’s total revenue.For the first half of 2026, the Group recorded a net profit of HK$310 million, reflecting a slight year-on-year decrease of 4%, yet achieving a half-on-half growth of 20%. The Group’s net profit for its core business (non-IFRS measure) reached HK$320 million, representing a mild decrease of 6% year-on-year, but a notable half-on-half increase of 45%. This overall resilience was achieved despite the investment business recording an unrealized loss of approximately HK$10 million arising from the fair-value changes of investees. As at 30 June 2026, the Group’s mobile games were available in 23 different languages worldwide, with approximately 1.68 billion users in total and over 12 million monthly active users (“MAU”) across more than 200 countries and regions.“Lords Mobile”, IGG’s flagship title, reached its 10-year milestone during the period. It is the Group’s first cross-platform, multi-language game that integrates strategy, role-playing, and real-time competitive gameplay designed for a global audience. It has been lauded by Sensor Tower for its longevity and has received widespread acclaim from gamers, while consistently generating stable revenue for the Group. To mark this 10th anniversary milestone, the Group dedicated its efforts to creating a major update and exclusive celebrations. The festivities featured an initial onboarding simulation, a global online tournament, and a collaborative anniversary theme song co-created with players. Meanwhile, the game continued with more IP collaborations, partnering with “tokidoki” co-founder and artist Simone Legno to introduce the classic UnicornoTM character, alongside a crossover with the popular “Transformers” movie. These initiatives continue to inject fresh vitality into the game’s enduring ecosystem. As the bedrock of the Group’s operations, “Lords Mobile” delivered revenue of HK$1.02 billion during the period, remaining stable compared to the second half of 2025 and demonstrating robust resilience.“Doomsday: Last Survivors”, the Group’s key growth driver, has consistently introduced innovative features and dynamic marketing initiatives since its debut four years ago, earning widespread acclaim from more than 100 million registered users. In 2026, “Doomsday: Last Survivors” rolled out a series of strategic initiatives, including debuting its first-ever global online tournament, teaming up with hit anime titles “Ghost in the Shell: SAC_2045” and “FAIRY TAIL” for special collaborations, and organizing global offline player meetups. These coordinated efforts successfully propelled the game’s monthly and quarterly gross billings to consecutive record highs. During the period, the game generated revenue of approximately HK$700 million, up 33% year-on-year, further demonstrating its strong growth potential. “Viking Rise”, the Group’s other mid-generation Viking-themed title, also delivered solid results. In the first half of 2026, the game introduced innovative combat mechanics and diverse themed events, enriching its in-game social ecosystem and strengthening its long-term foundation. As at 30 June 2026, the game had over 76 million registered users and generated approximately HK$350 million in revenue.“Fate War”, a new strategy game released in 2025, was prominently featured on Apple’s App Store and Google Play Store worldwide. Since its launch, the game has been continuously enhancing its onboarding experience while enriching its social and combat ecosystems. During the period, “Fate War” generated over HK$18 million in average monthly gross billing. Meanwhile, several of the Group’s meticulously crafted new strategy titles are poised for release. These games blend classic core gameplay with trending features, striving to bring players a refreshing tactical experience.Leveraging its global operational expertise and a base of more than 1.6 billion users, the Group established a second growth curve through its APP Business. In the first half of 2026, the APP Business maintained approximately 71 million MAU, delivering stable performance year-on-year while growing 6% compared to the second half of 2025, further solidifying its platform development. During the period, the APP Business generated approximately HK$570 million in revenue, accounting for 20% of the Group’s total revenue and representing a 7% increase year-on-year. Additionally, it contributed a noteworthy net profit, accounting for 15% of the Group’s total profit and driving its diversified growth trajectory.The Group consistently prioritizes shareholder returns. The Board of Directors declared an interim dividend of HK8.2 cents per ordinary share, and a special dividend of HK8.2 cents per ordinary share. Total dividends declared for the period amounted to HK16.4 cents per ordinary share, representing approximately 60% of interim profit. In the first half of 2026, the Group allocated approximately HK$2.4 million for share buy-backs. Together with the dividends declared, this represents approximately 61% of interim profit, consistently delivering high-ratio shareholder returns.Looking ahead to the second half, the Group has established a solid foundation to unleash long-term potential: the core game “Doomsday: Last Survivors” is expected to sustain its strong momentum; a pipeline of new titles is set for launch to unlock growth potential; and the APP Business continues to deliver steady performance. Embracing the corporate spirit of “Innovators at Work, Gamers at Heart”, the Group will continue to deepen its global operational excellence and push ahead with the coordinated development of its diversified product matrix, to generate enduring, sustainable value for shareholders.About IGG IncEstablished in 2006, IGG Inc is a leading global developer and operator of mobile games and applications, with headquarters in Singapore and local offices in the United States, China, Canada, Japan, South Korea, Thailand, the Philippines, Indonesia, Brazil, Türkiye, Italy and Spain. IGG offers multi-language and multifarious games and mobile applications to users around the world. The Group has established long-term partnerships with over 100 business partners, including global platforms, advertising channels, and vendors such as Apple, Google and Meta. IGG’s most popular games include “Lords Mobile”, “Doomsday: Last Survivors”, “Viking Rise”, “Fate War”, along with a diverse range of mobile applications.[1] APP Business: development and operations of the Group’s mobile applications.[2] Net profit for core business (non-IFRS measure): net profit excluding gain/loss on investments. Gain/loss on investments including: (1) fair value change and gain/loss on disposal of other financial assets or liabilities and dividend income; and (2) share of results of associates and joint ventures, impairment loss on interest in associates and joint ventures and net gain/loss on disposal and deemed disposal of associates and joint ventures.[3] “Lords Mobile” was awarded “Best Evergreen Strategy Game” at the Sensor Tower APAC Awards 2025.[4] User data as at June 30, 2026 Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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SunScout Dual-Lists on NYSE American and NYSE Texas After Raising $15.5 Million ACN Newswire

SunScout Dual-Lists on NYSE American and NYSE Texas After Raising $15.5 Million

NEW YORK, Aug 14, 2026 - (ACN Newswire via SeaPRwire.com) - SunScout Holding Limited, a New Zealand-based clean-technology company that offers solar-powered robotic mowers and other solar energy solutions, has raised US$15.5 million in gross proceeds from its initial public offering in the United States.The company sold 3.1 million Class A ordinary shares at US$5 per share. Based on approximately 23.1 million outstanding Classions of Class A ordinary shares, the company commands an implied market capitalization of roughly US$115.5 million.The shares began trading concurrently on NYSE American and NYSE Texas on August 12 under the ticker SNSC, making it the first company headquartered in New Zealand to list on both exchanges at the same time.SunScout develops autonomous, zero-emission solar robotic mowers featuring AI navigation and off-grid technology. Its product line—comprising the Eco, Pro, and ProMax models—is distributed via partnerships with WWS and MowBot, with Walmart talks underway. The company also operates Brunton Engineering, providing precision manufacturing as a certified supplier to the New Zealand Defence Force.For the fiscal year ended June 30, 2025, SunScout reported revenue of about $4.8 million, an increase of 93.6% from the previous year.Revenue from its products business rose from 18.5% of total revenue to 28.0%, while gross profit reached approximately $2.4 million.The company is planning to establish an assembly facility in Austin, Texas, to support production and expansion in the North American market. The move coincides with increased U.S. policy focus on domestic manufacturing and supply-chain resilience in the robotics sector.Proceeds from the offering are expected to be used mainly for the construction of the Texas facility, marketing, product research and development, inventory, repayment of a loan, payments related to the acquisition of Brightway Energy LLC, and general working capital.For more information, please contact:Golden Fleece Cross-border Consulting Co., LimitedEmail: heidiho@goldenfleece.hk Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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SunScout Debuts on NYSE, Aiming at $4.7 Billion Global Robotic Mower Market ACN Newswire

SunScout Debuts on NYSE, Aiming at $4.7 Billion Global Robotic Mower Market

NEW YORK, Aug 13, 2026 - (ACN Newswire via SeaPRwire.com) - SunScout Holding Limited (NYSE American: SNSC) develops autonomous solar-powered robotic mowers and complementary solar energy solutions. The company has principal operations in New Zealand and the United States and is incorporated in the Cayman Islands.SunScout commenced concurrent trading on NYSE American and NYSE Texas on August 12, 2026, becoming the first issuer with this combination of domicile and operational footprint to list on both exchanges. The offering was priced at $5.00 per Class A ordinary share, yielding gross proceeds of approximately $15.5 million. Upon closing, the company will have approximately 23.1 million Class A ordinary shares outstanding, implying a market capitalization of roughly $115.5 million based on the offer price.NYSE Texas, launched by Intercontinental Exchange (ICE) in March 2025 and headquartered in Dallas, currently hosts listed companies with an aggregate market capitalization exceeding $3.9 trillion, positioning it as a significant U.S. capital‑markets hub. The dual listing is expected to enhance SunScout’s brand visibility across the United States, particularly in Texas, where the company is pursuing strategic expansion, while also broadening its investor base.Three‑Pronged Clean‑Tech Portfolio; SunScout Products Emerges as Key Growth DriverAs detailed in its prospectus, SunScout designs, develops, manufactures, and commercializes autonomous solar‑powered robotic mowers alongside complementary solar‑energy solutions. Its operations are organized into three segments: SunScout Products (autonomous solar-powered robotic mowers and complementary products), solar power development solutions, and engineering products and services under the Brunton Engineering brand, which encompasses clean‑energy hardware and high‑precision manufacturing.For the fiscal year ended June 30, 2025, the company reported total revenue of approximately $4.8 million, representing year‑over‑year growth of 93.6%. Solar power development solutions contributed approximately 40.9% of total revenue, while engineering products and services accounted for approximately 31.1%. Revenue from SunScout Products rose to approximately 28.0% of total revenue, up from approximately 18.5% in FY2024, demonstrating strong growth momentum.The prospectus explicitly notes that while solar power development and engineering services currently generate the majority of top‑line revenue, the SunScout Products segment captures long‑term growth opportunities aligned with global market expansion and is positioned as a core growth engine, accelerating the company’s transition toward a higher‑value, product‑driven business model.According to Mordor Intelligence, the global robotic lawn mower market is on a robust growth trajectory, valued at roughly $2.4 billion in 2025 and projected to reach $4.7 billion by 2030, at a compound annual growth rate (CAGR) of 14.4%. Robotic mowers still represent a small fraction of the broader lawn‑equipment market, leaving significant room for penetration.Rising labor shortages and escalating lawn‑maintenance costs are fueling demand for automation. Concurrently, regulatory initiatives worldwide to phase out gasoline‑powered outdoor equipment are gaining momentum, accelerating industry electrification. Shifting consumer preferences toward intelligent, convenient solutions are fostering deeper integration of robotic mowers with smart‑home ecosystems and the Internet of Things (IoT), creating substantial headroom for automated electric mowing solutions.Proprietary DSA Technology Enables True Off‑Grid OperationSunScout’s core competitive advantage lies in its proprietary Deployable Solar Array (DSA) technology, which allows its robotic mowers to operate entirely on solar power, achieving genuine off‑grid performance without reliance on electrical outlets. Conventional gasoline‑powered mowers emit carbon emissions, and while existing electric mowers eliminate direct emissions, they remain dependent on fixed charging infrastructure, constraining operational range and flexibility.The DSA mechanism enables solar panels to automatically deploy when stationary, tripling the surface area to maximize solar‑energy capture for onboard battery charging; panels retract during movement to preserve maneuverability. This design supports fully solar‑dependent, zero‑emission autonomous mowing, augmented by autonomous navigation and AI‑powered obstacle avoidance capabilities.According to the company, few competing products can function completely independent of external power sources. This capability unlocks deployments at sites without power outlets or charging facilities—such as golf courses, public parks, and large‑scale green spaces—delivering meaningful advantages for continuous autonomous field operations. Over the longer term, DSA‑based hardware insulates operating costs from electricity‑price inflation and enables rollouts in regions with limited or unreliable grid infrastructure.SunScout also emphasizes that its technology platform is highly adaptable and platform‑agnostic, opening potential applications beyond lawn mowing, including agricultural robotics, onboard solar‑charging systems for electric vehicles, autonomous patrol robots, and other mobile machinery.Three‑Tier Product Lineup and Rapidly Expanding Global DistributionSunScout’s autonomous solar‑powered robotic mower portfolio comprises three modular models: the residential‑grade SunScout Eco, light‑commercial SunScout Pro, and large‑institutional‑focused SunScout ProMax. The modular architecture supports incremental upgrades without extensive redesign, facilitating efficient global deployment across diverse terrain and climate conditions.For example, the entry‑level SunScout Eco integrates high‑efficiency photovoltaic panels into the top housing, converting sunlight to supply all energy required for propulsion, cutting assemblies, and onboard electronics. The unit employs a multi‑sensor suite and AI‑enhanced dual‑camera visual navigation to map work zones, identify lawn boundaries and obstacles, and optimize mowing routes. For larger and more complex sites, RTK satellite navigation is available to deliver centimeter‑level positioning accuracy.On commercial‑channel development, SunScout has established distribution partnerships with Wrissmer Werkstattsysteme GmbH (WWS) in Europe and MowBot Limited in Australia and New Zealand, and is in active discussions regarding potential distribution cooperation with major retailers, including Walmart.Beyond robotic hardware, the company provides end‑to‑end solar power development solutions, including system design, installation, and full engineering, procurement, and construction (EPC) services for commercial, industrial, and institutional clients. Through its Brunton Engineering brand, it also offers engineering products and services leveraging nearly 30 years of precision‑fabrication and mechanical‑engineering expertise, and is an accredited supplier to the New Zealand Defence Force.On the manufacturing front, assembly is currently conducted via SunScout Asia in Thailand. The company is advancing the establishment of an assembly and distribution center in Austin, Texas, through its U.S. subsidiary, which will build domestic production capacity and support long‑term North American expansion, aligning with U.S. policy emphasis on domestic robotics and technology supply chains. Recent actions by the U.S. Federal Communications Commission (FCC) restricting authorizations for certain foreign‑produced robotic products further underscore the growing importance of domestic manufacturing and supply‑chain resilience.Net proceeds from the offering are expected to be used primarily for: (i) construction of the Austin manufacturing facility; (ii) sales and marketing activities; (iii) product research and development; (iv) inventory procurement; (v) repayment of one loan; (vi) consideration for the acquisition of Brightway Energy LLC; and (vii) general working capital purposes.Against the backdrop of accelerating global clean‑energy transition and continued expansion of the robotic‑mower market, market participants will closely monitor whether SunScout can leverage its proprietary off‑grid solar‑robotics technology to differentiate itself amid intensifying industry competition.Note: This translation has been calibrated against the company’s registration statement on Form F‑1 (File No. 333‑295248), as declared effective by the SEC on August 11, 2026. All financial data, segment descriptions, and legal status reflect the prospectus disclosures. Certain distributor names and retail discussions are retained as stated in the prospectus; for definitive terms, please refer to the final prospectus.For more information, please contact:Golden Fleece Cross-border Consulting Co., LimitedEmail: heidiho@goldenfleece.hk Copyright 2026 ACN Newswire via SeaPRwire.com. All rights reserved. www.acnnewswire.com
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