200 Mainland Firms Gather in Hong Kong to Expand Overseas as the GBA Association of Listed Companies Hosts 2026 Spring Festival Gala

EQS via SeaPRwire.com / 09/02/2026 / 17:13 UTC+8 On Feb. 6, the 2026 Spring Festival Gala Dinner hosted by the Greater Bay Area Association of Listed Companies, alongside a roundtable forum on mainland Chinese companies using Hong Kong as a platform to expand overseas, was successfully held in Hong Kong. The event brought together 48 officiating guests, including members of the Standing Committee of the National People’s Congress(NPC), the Standing Committee members of the Chinese People’s Political Consultative Conference(CPPCC) National Committee, deputies to the National People’s Congress, CPPCC members, and Legislative Council members. More than 200 participants also attended, including representatives from high-profile listed companies such as Insta360 (688775.SH) and Intellifusion (688343.SH), as well as national key robotics and technology firms, “specialized and sophisticated” small and medium-sized enterprises, including ENGINEAI and JR Talent, to discuss the broad prospects for mainland firms leveraging Hong Kong to go global and to celebrate the Lunar New Year of the Horse. A number of high-profile figures attended the event, including Starry Lee Wai-king, a member of the Standing Committee of the National People’s Congress and President of the eighth Hong Kong’s Legislative Council; Dr. Xu Guowei, Founding Chairman of the Greater Bay Area Association of Listed Companies ; Zhong Xueyong, Founding President of the association; Dr. Ko Wing-man, a member of the Standing Committee of the CPPCC National Committee and a member of the Hong Kong Special Administrative Region Executive Council, who also serves as the association’s Permanent Honorary President; Mr. Bernard Chan Pak-li, Deputy Director for Commerce and Economic Development Bureau of the Hong Kong government; and Tam Yiu-chung, an NPC Standing Committee member and Secretary-General of the Hong Kong Coalition, who is also a Permanent Honorary President of the association. The roundtable discussion on mainland Chinese companies leveraging Hong Kong as a springboard for overseas expansion featured Chen Guozhang, Global Strategy Executive Officer of ENGINEAI; Zheng Wenxian, Vice President of Intellifusion Technologies Co., Ltd (688343.SH); Hu Wei, Founder and Chairman of Shenzhen JR Talent Technology Ltd.; and Dr. Zichen, Executive Director and President of Alpha Technology Group Limited (Nasdaq: ATGL) and Chair of the association’s AI Committee. Speakers exchanged views in a lively discussion, generating a steady stream of standout quotes and key takeaways. At the event, the Greater Bay Area Association of Listed Companies signed strategic cooperation agreements with 10 mainland enterprises seeking to expand overseas via Hong Kong, aiming to support companies in accelerating their entry into international markets. The meeting also saw the establishment of the Mainland Enterprises Going Global via Hong Kong Committee. The committee will be chaired by Rock Chan Chung-nin, a deputy to the National People’s Congress and a member of the Hong Kong Legislative Council. It is expected to pool high-quality resources and professional expertise from the Greater Bay Area to help more mainland companies leverage Hong Kong as a platform for global expansion. The Greater Bay Area Association of Listed Companies has positioned “going global via Hong Kong,” tech-finance integration, and IPO services as the three pillars of its strategy. Through a professional service framework comprising 30 specialized committees, the association aims to build a secure and efficient bridge and platform for mainland Chinese enterprises expanding overseas, supporting their orderly and secure globalisation while contributing to Hong Kong’s transition from stability to prosperity. In an interview with the media, Dr. Xu Guowei, founding chairman of the Greater Bay Area Association of Listed Companies, said that Hong Kong’s name originated from its role in the spice trade, underscoring its long-standing position as a major gateway for China’s overseas commerce. He noted that Hong Kong’s distinctive institutional advantages, well-developed financial markets, robust legal framework and simple tax regime make it an ideal springboard for mainland enterprises seeking to expand globally. He encouraged companies to leverage Hong Kong’s professional services to pursue secure international expansion and reach global markets. Zhong Xueyong, founding president of the Greater Bay Area Association of Listed Companies, said that “companies that fail to go global risk being eliminated, but those that expand overseas without proper preparation face the same outcome, thus ensuring a safe and steady path to global markets has become one of the most pressing challenges for Chinese enterprises in the current era.”Zhong noted that the association is aligning its work with national policy priorities to provide mainland enterprises with professional and comprehensive support for overseas expansion, adding that Hong Kong remains a preferred gateway for companies seeking access to global markets. 09/02/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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AI’s ‘Hard Battle’: How Huaqin Technology (SHA: 603296) Becomes the ‘Industrial Opportunity Captor’ in the AI Multi-Terminal Era

EQS via SeaPRwire.com / 09/02/2026 / 11:25 UTC+8 Preface: When AI moves from the cloud to the physical world, who can undertake the complexity of the real world? In this wave of AI investment, capital markets have focused heavily on the upstream computing power, foundational models, and application layers. This logic is clear and highly flexible, but precisely because of this, competition has quickly become fierce. In contrast, the capabilities required for integrating, manufacturing, and mass-delivering complex hardware systems during AI's transition from "cloud-based capabilities" to the "real world" have been underestimated. However, a clear trend is emerging: AI capabilities are beginning to migrate from the cloud to local devices. Although brand manufacturers are still in the exploration phase, AI PCs, AI smartphones, AI glasses, and embodied intelligent devices are accelerating their launch, with some products gradually entering the market introduction stage. Historical experience has repeatedly shown that when product forms mature and scale begins to expand, complex manufacturing and system integration capabilities will ultimately concentrate in the ODM ecosystem. Rather than betting on the outbreak of a single terminal, it is better to focus on terminal platform companies that can repeatedly deliver complex AI hardware in various forms. Against this backdrop, reviewing Huaqin Technology (SHA: 603296)'s development path is quite representative. Recently, Huaqin Technology announced that it is undertaking work in relation to the proposed issue of overseas listed foreign shares (H Shares) and its listing on the Main Board of The Stock Exchange of Hong Kong Limited (HKEX). The Listing Committee of HKEX held a listing hearing on 5 February 2026 to consider the company’s application for the proposed offering and listing. The joint sponsors for the transaction received a letter from HKEX on 6 February 2026, which states that the Listing Committee has reviewed the company’s listing application. However, such letter does not constitute formal listing approval, and HKEX reserves the right to provide further comments on the company’s listing application. I. Starting from Smartphones: How Huaqin Evolved into an AI Hardware Platform with Multi-Terminal Layout AI is an unprecedented technological wave, but it is not without historical references. As described in the classic tech history book "On Top of Tides", science and technology are the main driving forces for social progress in our era. Technological revolutions have created winners standing at the crest of the wave and buried losers who cannot keep up. Looking back at Huaqin Technology's development trajectory, a recurring feature emerges: it has built capabilities before almost every round of industrial upgrading and become the recipient of demand when the industry truly scales up, riding the crest of multiple technological revolutions. Founded in 2005 by a team of founders with backgrounds from Tsinghua University and Zhejiang University, the company initially entered the market through smartphone motherboard design (IDH), providing R&D support for the rapidly rising domestic smartphone brands. Around 2010, as the wave of smartphone upgrades emerged, Huaqin Technology judged that pure design services could no longer meet brand customers' dual demands for efficiency and cost. It then extended downstream, building end-to-end capabilities from R&D and design, procurement and operations to manufacturing, completing the transformation to full-device ODM. This transformation made it the global leader in smartphone ODM shipments for the first time in 2011, and it has maintained a leading position in the industry for many years since then. But more importantly than the "number one" position is that the smartphone business itself has greatly tempered Huaqin's systematic capabilities Smartphones were already one of the most complex systems in consumer electronics at that time: involving radio frequency, heat dissipation, stacking, imaging, OS/driver adaptation, supply chain collaboration, and a manufacturing rhythm with extremely strict requirements for yield rate and ramp-up speed. For ODMs, what the smartphone business truly precipitated was not orders, but R&D-oriented full-device engineering capabilities, cross-supply chain organizational capabilities, and a systematic methodology from R&D to mass production. This systematic methodology is summarized by Huaqin Technology itself as the ODMM four quadrants: Efficient Operations, R&D and Design, Advanced Manufacturing, and Precision Structural Components. These four capabilities are interlocked to form a closed loop. On the R&D side, the company has formed a "1+5+5" global layout, with nearly 19,000 R&D and technical personnel; its R&D expenditure in 2024 reached 5.156 billion yuan. On the manufacturing side, the company has established a global manufacturing network of "China + VMI" (five locations in China + Vietnam, Mexico, India), with synchronous layouts at home and abroad to support the global delivery of multi-product and multi-customer orders. In addition, Huaqin Technology's customer service has long surpassed the traditional meaning of "after-sales service," evolving into an "end-to-end" one-stop service capability covering product definition, R&D and design, manufacturing, and operation and maintenance. This "end-to-end" service model has greatly reduced the complexity of supply chain management for brand customers and shortened the product launch cycle. When dealing with top-tier customers such as CSPs (Cloud Service Providers), Huaqin's service model has been further upgraded to close collaboration and Joint Design and Manufacturing (JDM). This is one of the core advantages that enabled the company to stand out in the highly demanding CSP market. Notably, software capabilities are becoming an important differentiator between Huaqin Technology and traditional manufacturing-oriented ODMs. Positioned as an "intelligent product platform enterprise," it is a hardware company with strong software capabilities. This difference stems from the software background of its founding team and long-term continuous investment in software, algorithms, and systems. Huaqin Technology's founding team has a strong software background (Qiu Wensheng, Cui Guopeng, and CTO Wu Zhenhai are all software engineers by training, while Chen Xiaorong is a hardware engineer), which has injected a software gene into the company. In addition, the company has continued to invest in software capabilities, with layouts in AI software, visual recognition, and other fields. In the era of edge AI, as local inference, multi-sensor fusion, and multimodal interaction gradually become the norm, software and systems engineering will directly affect the capability boundaries of hardware products Once system integration capabilities and platform capabilities are established, they have the ability to spill over to more complex hardware. From the system integration of laptops, the multi-category collaboration of tablets and wearables, the reliability and delivery rhythm requirements of data center equipment, to the software-hardware collaboration and safety redundancy standards of automotive electronics and robots, these are not as simple as "contract manufacturing for another category." For example, tablets require larger screen interaction and battery life optimization, laptops involve more complex x86/ARM multi-architecture adaptation, and smart wearables demand extreme miniaturization and low-power design. To meet the needs of different categories, Huaqin has standardized core modules through a platform-based technology middle office, enabling efficient cross-category R&D and delivery. According to a report by CIC Consulting, Huaqin leads the world in multiple categories. By cumulative smartphone ODM shipments from 2020 to 2024, Huaqin ranks first globally; by ODM shipments in 2024, the company also ranks first globally in tablets and smart wearables; in the laptop sector, by shipments in 2024, Huaqin has become the fourth-largest laptop ODM globally and the largest in Chinese Mainland. These data indicate that Huaqin Technology has taken a central position in the multi-terminal delivery system. Huaqin has a vision of "making hardware accessible to all," and its platform-based capabilities are the cornerstone of this vision. Such capabilities are crucial in the AI era, because AI will not be confined to a single terminal form but will reshape the entire hardware industry chain through the parallel development of multiple terminals, possibly in unexpected directions. Huaqin Technology's evolution history resembles a textbook on pre-positioning for each round of technological revolution. As AI hardware demand explodes, the company may be on the verge of a new growth phase. II. When Capabilities Meet a New Technological Cycle: The Realization Path of AI Increment at Huaqin Technology After confirming that Huaqin already possesses the underlying capabilities for multi-terminal expansion, a more critical question arises: Have these capabilities been translated into sustainable business growth in this new AI technological wave, and how will they continue to do so? Huaqin's strong scalability, driven by its system integration capabilities, is even more important in complex fields such as servers and automotive electronics. According to public information, the company's implemented "3+N+3" strategy takes smartphones, laptops, and servers as the three core pillars, expands into N types of ecological products such as smart life and commercial digital productivity, and lays out three innovative directions: automotive electronics, software, and robots. The increments brought by AI are being gradually realized across Huaqin's "3+N+3" business landscape, following a path from B-end to C-end and from computing power infrastructure to intelligent terminals. Among these, the first to reflect AI-related increments are not conceptual consumer-facing products, but businesses related to data centers and computing power infrastructure. As early as 2017, before the industry boom, Huaqin Technology strategically entered the data center business. Through continuous R&D investment and technical accumulation, it has built a complete layout covering AI servers, general-purpose servers, storage servers, and data center switches. More notably, Huaqin Technology is one of the few ODM manufacturers with both server and switch technical capabilities. Its products are compatible with mainstream GPU/CPU platforms and support high-speed, high-bandwidth, and low-latency networking, which is a distinct advantage amid the continuous expansion of AI computing power clusters. As AI training and inference demand drive the rapid growth of the computing power market, this business is accelerating its entry into the harvest period. According to Huaqin Technology's external communication disclosure in 2025: the revenue of the data business in 2025 exceeded 40 billion yuan, achieving nearly doubled growth overall, of which AI servers accounted for over 70%, and switch operating income achieved multiple growth year-on-year, exceeding 2.5 billion yuan. Unlike consumer electronics, the data center and server business has higher requirements for system reliability, delivery stability, and long-term collaboration capabilities, with greater customer switching costs. Once entering the core supply system, the business often exhibits stronger sustainability. From a capital market perspective, such businesses are not known for "short-term outbreaks" but are more conducive to extending the company's overall growth cycle, freeing it from being dominated by the fluctuations of a single consumer electronics industry. At the same time, consumer electronics, driven by the AI wave, has become an evolving core business. The integration of AI has driven an overall improvement in product structure, per-unit value, and R&D complexity. Taking AI PCs as an example, they impose higher requirements on overall device heat dissipation, power management, software-hardware collaboration, and supply chain rhythm. These capabilities are derived from long-term accumulation. As early as 2015, Huaqin Technology entered the laptop ODM market, breaking the monopoly of Taiwanese manufacturers in this field. By 2024, the company's laptop shipments exceeded 15 million units, and it successfully entered the supply chain of HP, the world's second-largest PC brand. According to Gartner and Canalys, the penetration rate of AI PCs is rising rapidly, expected to exceed 100 million units in 2025 with a penetration rate of nearly 40%; by 2028, shipments will reach 200 million units, with a compound annual growth rate of over 40% from 2024 to 2028. In the field of emerging businesses, Huaqin's layout is also worthy of attention. In automotive electronics, the company has built full-stack product capabilities covering four major areas: intelligent cockpits, intelligent connectivity, intelligent vehicle control, and autonomous driving, and has reached multiple cooperation agreements with domestic automakers. Among them, in the intelligent cockpit field, Huaqin has completed full product coverage from entry-level to flagship models, with complete full-stack development and mass production experience from hardware underlying layers, software middleware to upper-layer HMI design. It has launched mid-range ADAS solutions based on Horizon Journey 6 series and high-end ADAS solutions based on NVIDIA Thor platform. In 2025, the automotive electronics business has achieved large-scale mass production, becoming a new growth highlight Multiple securities firms predict that global new energy vehicle sales will maintain high prosperity in 2026, with sales expected to reach a record high, driving high growth in industry chain demand. In addition, as the trend of autonomous driving popularization accelerates, policy incentives are implemented, and mapless NOA technology matures, high-end autonomous driving is rapidly penetrating the mass market. Although the current scale of the automotive electronics business is still relatively small compared to the company's overall revenue, it is expected to expand rapidly in line with industry trends. In the robot track, Huaqin aims to become a leading supplier of full-stack robot solutions in the 3C manufacturing field. The company has established a robot technology R&D team, leveraging its integrated advantages in CPU, GPU, sensors, and multimodal interaction technologies to explore humanoid robot R&D, and using its rich industrial scenarios to provide data support for product iteration. It is reported that in response to the needs of industrial manufacturing scenarios, the company is developing wheeled robots suitable for flexible manufacturing, which are expected to be delivered by the middle of this year; in the field of humanoid robots, the company completed the first-generation debugging of its self-developed biped humanoid robot in 2025, is planning the second-generation biped humanoid robot, and is conducting technical and business exchanges with multiple overseas leaders to actively explore cooperation opportunities; in the field of data collection robots, the company efficiently completed the development and delivery of data collection robots for a large model company in 2025. Although the current scale of these businesses is small, they are consistent with the company's existing software-hardware collaboration and complex system integration capabilities, providing more options for the future. Overall, Huaqin's growth in the AI cycle does not stem from the "re-outbreak" of a single terminal, but from leveraging platform-based capabilities to sequentially undertake demand across multiple business lines, forming a sustainable growth driver. This realization path is more akin to an industrial opportunity captor rather than a single-category manufacturer. III. When AI Extends the Cycle: How Capital Markets Re-price Huaqin Huaqin Technology's achievements in this round of AI are clearly reflected in its financial data. In the first three quarters of 2025, the company's cumulative revenue reached 128.88 billion yuan, a year-on-year increase of 69.6%; the net profit attributable to shareholders was 3.1 billion yuan, a year-on-year increase of 51.2%. The company recently issued an announcement, expecting its 2025 annual operating income to be approximately 170 billion yuan to 171.5 billion yuan, a year-on-year increase of 54.7% to 56.1%; the expected net profit attributable to shareholders is approximately 4 billion yuan to 4.05 billion yuan, a year-on-year increase of 36.7% to 38.4%. A more important indicator is the transformation of revenue structure: by product category, the proportion of high-performance computing business revenue in Huaqin Technology's total revenue rose to 60% in the first half of 2025, becoming the company's largest source of income. Among them, the core data center business contributed significantly, with Sinolink Securities Research Institute predicting that the revenue scale will exceed 40 billion yuan in 2025. Chart: Huaqin Technology's Business Structure in H1 2025, with High-Performance Computing Accounting for 60% Driven by AI, global computing power demand continues to expand. Data center construction, computing power upgrades, and network architecture evolution are becoming highly certain directions in hardware demand. From a more macro perspective, data from China Insights Consultancy (CIC) shows that the global data infrastructure market size has grown from 855.43 billion yuan in 2020 to 2.14224 trillion yuan in 2024, and is expected to increase to 4.99881 trillion yuan by 2030. Among them, the market size of AI servers reached 754.81 billion yuan in 2024, accounting for over 30% of the total, making it the primary growth engine. In addition, as the penetration rate of AI at the edge accelerates, Huaqin Technology's growth path presents a multi-level driven pattern. The intelligent terminal business will continue to support stable growth of the core business through acquisitions and integration, as well as the continuous increase in ODM industry penetration rate. Long-term momentum will come from innovative businesses such as automotive electronics and robots, which will gradually contribute increments. In the current capital market, Huaqin's valuation still has room for revaluation. Based on the A-share closing price as of February 3rd, Huaqin Technology's expected PE ratio for 2025 is approximately 20.7 times, lower than comparable companies such as Luxshare Precision and Everwin Precision. The latter clearly shows that AI-related hardware companies have begun to enjoy a higher valuation hub. In the current capital market, Huaqin's valuation level is not caused by a single factor, but more like the superposition of multiple cognitive inertia. On the one hand, the market still tends to regard it as a leading ODM in the smartphone industry chain, believing that its performance is highly dependent on the consumer electronics cycle; on the other hand, when the company's business continues to extend to PCs, servers, and more new fields, it is easily simply interpreted as "diversified expansion," thereby triggering doubts about business focus and synergy efficiency. However, by tracing Huaqin's own development path, it is found that this understanding is not entirely accurate. From smartphones to PCs and then to servers, each business expansion of the company is not a horizontal expansion, but a progression along the direction of increasing system complexity: more complex product forms, higher requirements for engineering collaboration, deeper customer relationships, and corresponding expansion of market space and value. This expansion logic is essentially a migration and reuse of capabilities, rather than a simple addition of categories. This "complexity-driven growth path" is not without precedent in the capital market. In its early stage, Fosun International long remained in a low valuation range due to its wide business distribution and weak correlation between sectors; but over time, the market gradually realized that its core competitiveness lies not in a specific asset, but in the ability to continuously discover and seize industrial opportunities, and the valuation logic then changed accordingly. Fosun's revaluation did not stem from the outbreak of a single business, but from the re-pricing of its "opportunity capture capability." The same logic applies to Huaqin Technology. The core issue facing Huaqin Technology today is not "whether it has AI concepts," but that the capital market's valuation model is still stuck in the past narrative of "consumer electronics manufacturing." This expectation gap between fundamentals and market pricing may constitute the potential for revaluation in the capital market. 09/02/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Hedge & Sachs Releases Report on ‘Alternative Investments: A Growing Trend in Modern Finance’

EQS via SeaPRwire.com / 05/02/2026 / 16:32 UTC+8 Dubai, UAE - February 05, 2026 - (SeaPRwire) - Hedge & Sachs has released its report on 'Alternative Investments: A Growing Trend in Modern Finance'. Across major economies, alternative investments have moved from niche tools to an essential part of many portfolios. Investors turn to them for steadier returns, inflation protection, and diversification that is less tied to stock and bond swings. As technology simplifies access and private markets expand, these assets continue to influence methods of risk management for global investors. Expanding Avenues for Diversification Alternative investments cover a wide range of options, from tangible holdings to newer forms of assets. Real estate remains appealing, either through direct ownership or Real Estate Investment Trusts (REITs). Private equity and venture capital back promising companies, while private credit offers direct loans to businesses outside traditional banking systems. Hedge funds rely on active strategies, and commodities such as gold and oil remain important tools for managing market risk. Collectibles, from artwork to vintage cars, add another layer of value for investors with specialized interests. Investment in infrastructure—toll roads, airports, and data centers—continues to attract long-term funding from institutions. Cryptocurrencies, though volatile, contribute diversification potential to mixed portfolios, particularly where fractional ownership models are available. Compared to traditional assets, alternatives often involve longer commitments and deeper research. They tend to be less liquid and are mainly accessible to high-net-worth individuals and institutions prepared for extended horizons. Costs and regulatory demands are higher, yet many investors still see them as a way to balance periods of market stress. Market Momentum and Investor Behavior Recent years have brought steady momentum for alternative assets as global uncertainty has influenced financial strategies. Many investors seek more dependable returns to balance the unpredictable movement of public equities and bonds. Lower yields on government and corporate debt have encouraged interest in private credit, while real assets and infrastructure can offer some protection against rising prices. Technological developments such as tokenization and new investment platforms have widened access to private markets. These tools have improved transaction efficiency and transparency, drawing participation from a younger generation of investors. Private companies that stay unlisted longer create more openings for private equity and venture capital participation. Private equity remains one of the main engines behind this expansion. Firms buy private companies and aim to strengthen operations, extend market reach, or reorganize structures to support higher profitability. This hands-on involvement contributes to job creation and modernization in several sectors, reinforcing the economic role of private investments. PE investment strategies differ, but each one relies on active participation in value creation. Buyout funds acquire controlling stakes in profitable firms and seek to improve them through operational upgrades or mergers. Growth equity provides capital to established businesses entering new markets, often through minority positions. Venture capital funds invest early in tech-enabled startups with strong growth potential, while secondary and distressed investments present varied risk-return profiles that match different investor preferences. Balancing Growth and Responsibility The performance of private equity and other alternative assets in 2025 has remained stable despite uneven global conditions. Activity is healthy across buyouts and exits, while healthcare, technology-related services, and financial sectors continue to attract interest. Environmental, social, and governance standards have gained importance, prompting asset managers to adjust to higher reporting expectations and updated regulations. Broader use of alternatives is expected to continue through the decade as more investors study these asset classes. Expanding private credit markets, improved tools for analysis, and policy adjustments are projected to draw additional capital worldwide. Data-driven methods support deal evaluation and management, strengthening how portfolios are reviewed and monitored. Private equity now stands as a crucial element in wealth management strategies for institutions and sophisticated investors. Its capacity to produce balanced, risk-adjusted returns and diversify holdings reinforces its place in long-term planning. As access improves and awareness grows, alternative assets give investors a measured path toward stable, long-term value without relying solely on traditional markets.Hedge & Sachs began in 2019 as a small, self-funded trading desk and has since grown into a fully licensed and regulated advisory firm under the UAE Securities and Commodities Authority (SCA), with a 200-member team operating across multiple jurisdictions and serving more than 4,000 clients worldwide through diversified, risk-managed funds and multi-asset strategies spanning equities, events and arbitrage, fixed income, currencies, commodities, and multi-asset portfolios, supported by a global alternative investment platform anchored in the Cayman Islands, Luxembourg, and India, and complemented by its real estate arms Foremen Fiefdom and Money Plant, which have connected over a thousand clients to high-potential Dubai properties and led to the launch of ARMAS, a premium residential project in Dubai South in collaboration with Zenith Developments. Contact Information Organization: Hedge & Sachs Contact: Noorina Saifullah Email: noorina@hedgeandsachs.com Website: https://hedgeandsachs.com 05/02/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Yuanhua Tech’s “KUNWU”, the world’s first “5-in-1” robotic orthopaedic surgical systems, won the Hong Kong Emerging Brand Award

EQS via SeaPRwire.com / 04/02/2026 / 20:29 UTC+8 On February 3, 2026, Yuanhua Robotics, Perception & AI Technologies (HK) Limited stood out in the “Hong Kong Emerging Brand Awards” organized by the Hong Kong Brand Development Council for its self-developed KUNWU® Robotic Orthopaedic Surgical Systems, becoming a shining new star in the medical technology field. This award not only highlights the company’s technology leadership in the field of robotic orthopaedic surgical systems, but also recognizes its “clinical value” and “brand innovation”. The authoritative award demonstrates the clinical value and brand innovation of Yuanhua Tech’s products Founded in 2010 by the Hong Kong Brand Development Council, the Hong Kong Emerging Brand Awards aim to recognize local companies that excel in product innovation, brand strategy, and market expansion. The judging panel comprises business leaders, brand experts, academics, and government representatives, conducting rigorous evaluations across multiple dimensions, including innovation, quality, brand image, environmental practices, and social responsibility. It is one of the most credible brand awards in Hong Kong’s business community. Against the backdrop of Hong Kong’s all-out efforts to build itself into an international innovation and technology center, this award is of great significance for Yuanhua Tech, a “hard tech” company that has achieved complete autonomy in underlying technologies and pioneering system design globally. At the award ceremony, Mr. Paul Chan, Financial Secretary of the Hong Kong Special Administrative Region Government, along with many other government officials and business leaders, presented awards to the winning companies. Receiving this award signifies that Yuanhua Tech has reached an industry benchmark level in product development and branding, and also injects new vitality into the medical technology industry in Hong Kong and even the world. Since establishing its international headquarters at the Hong Kong Science Park in September 2022, Yuanhua Tech has accelerated its integration into the local innovation and technology ecosystem. In October 2023, Yuanhua Tech, as one of the first innovative technology companies, signed an agreement with the Office for Attracting Strategic Enterprises (OASES) of the Hong Kong SAR Government, becoming a strategic enterprise partner. Backed by over 5,000 successful cases, the award-winning product boasts completely self-development and a world-first “5-in-1” approachThe biggest highlight of Yuanhua Tech’s KUNWU® Robotic Orthopaedic Surgical Systems lies in its “completely self-developed technology” and its world-first “5-in-1” multi-functional integrated design. These robotic systems can simultaneously cover five surgical scenarios: knee, hip, unicompartmental knee, spine, and trauma, achieving a breakthrough in multi-departmental application on a single platform. The design not only reduces hospitals’ equipment procurement and maintenance costs but also improves surgical precision and efficiency through integrated intelligent operation. To date, the KUNWU® Robotic Orthopaedic Surgical Systems have completed over 5,000 clinical surgeries across Mainland China and Hong Kong, China. Clinical data show that its surgical precision is at the millimeter level, significantly reducing the risk of intraoperative trauma and postoperative complications. This achievement has received high praise from experts at many partner hospitals, validating the systems’ outstanding value in improving patients’ quality of life and surgical safety. High barriers to entry, a large market, and strong collaboration demonstrate the investment value and growth logic of Yuanhua TechCurrently, the global robotic orthopaedic surgical system market is experiencing rapid growth. “KUNWU®” leverages its multi-department coverage capabilities to simultaneously penetrate multiple billion-dollar niche markets, such as joint and spine surgeries, with a market ceiling far exceeding that of single-function products. For “KUNWU®”, the world’s first “5-in-1” platform-based robotic orthopaedic surgical systems, Yuanhua Tech has built a complete intellectual property system covering the key robotic arm, navigation system, and intelligent planning software. Its “group army collaboration” architecture is driving hospitals to transform from “individual combat” to a more efficient and integrated intelligent surgical model. The continuously accumulated high-quality surgical data will become the company’s core asset for developing AI-assisted diagnosis, personalized surgical plans, and even next-generation intelligent medical devices, possessing enormous ecosystem derivative value. After receiving the award, Mengli Aili, Chairman of Yuanhua Robotics, Perception & AI Technologies (HK) Limited, said: “KUNWU was born from our original aspiration to revolutionize orthopaedic surgery. From key technology to clinical application, we have always adhered to independent innovation. This award is an encouragement to the team’s years of hard work and will also inspire us to continue to promote intelligent healthcare services that are affordable”. Taking this award as a new starting point, Yuanhua Tech stated that it will continue to deepen its expertise in the field of robotic orthopaedic systems and accelerate its global business footprint. The company plans to further expand into overseas markets such as Southeast Asia and Europe, and establish strategic partnerships with leading medical and research institutions worldwide. Meanwhile, the company will continue to invest in the research and development of next-generation products, deeply integrating 5G, AI, and digital twin technologies to create a full-cycle intelligent orthopaedic diagnosis and treatment solution that covers preoperative, intraoperative, and postoperative stages, which will strengthen its worldwide leadership in intelligent orthopaedics. 04/02/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Kazakhstan Shows Strong GDP Growth on the Back of Structural Reforms

EQS via SeaPRwire.com / 03/02/2026 / 19:55 UTC+8 Kazakhstan is emerging as one of the fastest-growing economies in the post-Soviet space, underpinned by a sustained programme of structural reforms, industrial diversification and rising investment inflows. Preliminary data for 2025 shows GDP growth of 6,5%, placing the country ahead of most CIS peers, including Russia, and well above the projected global average of around 3%. The expansion reflects broad-based momentum across key sectors. Industrial output rose by 7,4% last year, with manufacturing growing by 6,4%. Particularly strong performance was recorded in food production (up 8,1%), chemicals (9,8%), oil refining (5,9%) and mechanical engineering (12,9%). Transport surged by 20,4%, driven by higher freight volumes and Kazakhstan’s growing role as a transit hub between China and Europe. Construction expanded by 15,9%, supported by large-scale infrastructure and social projects, while trade increased by 8,9%, led by wholesale activity. The current upswing crowns a decade-long shift in the structure of the economy. Manufacturing’s share of GDP increased from 10,2% in 2014 to 12,4% in 2024, while the mining sector declined from 15,2% to 12%. Over the same period, manufacturing output rose by nearly 50%, averaging annual growth of more than 4%. The transformation is particularly visible in engineering industries. Car production has quadrupled to 159,000 units in 2025, while output of trucks, tractors and combine harvesters has multiplied several times. Exports of processed goods climbed from $18.4bn in 2014 to $28.8bn in 2024, signalling a gradual move toward higher value-added products. This process has accelerated in recent years, often described domestically as an “investment cycle” under President Kassym-Jomart Tokayev. In 2025 alone, Kazakhstan launched new facilities producing vehicles for international brands, passenger railcars, auto components, as well as a localization project for John Deere machinery. At the same time, large companies are investing in rare earth metals and digital development. For example, Eurasian Resources Group's projects will enable Kazakhstan to become the world's second-largest producer of gallium, while AI is being used in manufacturing, energy, logistics, and industrial safety. Multinationals in consumer goods are following suit. PepsiCo has invested more than $160m in what is set to become Central Asia’s largest snack production facility, integrating local farmers into its supply chain and planning a gradual transition to fully local ingredients. Mars, long present as an importer, is preparing to build a pet food factory with an annual capacity of up to 100,000 tonnes, investing more than KZT 88.8bn (around $180m). By scale, Kazakhstan remains the region’s undisputed heavyweight. According to the IMF, its GDP reached $319bn in 2025, placing it among the world’s 50 largest economies. Uzbekistan’s economy, by comparison, stands at $159bn, while Azerbaijan’s is around $80bn. Investment inflows reinforce this position. UN ESCAP data show Kazakhstan attracted nearly $19bn in greenfield projects in 2025, accounting for 89% of all such investment in North and Central Asia. The current investment policy framework for 2024-2029 shifts toward targeted support for priority sectors such as logistics, energy, manufacturing, agriculture and digital services. A key role in this effort is played by the Government’s Investment Headquarters, which has been operating as a fast-track mechanism for supporting investment projects. By the fall of 2025, the Investment Headquarters had already supported more than 210 projects with a total value of approximately USD 113 billion. Alongside industrial policy, the government is betting on human capital. Social spending will account for 39% of the 2026 state budget, with major allocations to healthcare, education and welfare. For investors, this combination of macroeconomic growth, diversification and institutional predictability is gradually reshaping Kazakhstan’s image from commodity supplier to regional industrial platform. About World Impact Media Organization World Impact Media Organization is an independent global media and communications platform focused on international affairs, economics, innovation, and public policy. The organization delivers high-impact journalism, research-driven narratives, and strategic media coverage to inform decision-makers, institutions, and global audiences. Contact World Impact Media Organization Jasmine Abdul Tel: +971 585887789 jasmine@worldimpactmedia.org 03/02/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Q4 and FY 2025 production results

EQS via SeaPRwire.com / 02/02/2026 / 05:07 MSK Solidcore Resources plc (“Solidcore” or the “Company”) announces production results for the fourth quarter and FY 2025. “Q4 was marked by substantial destockpiling which, together with very favourable gold prices, helped to partially compensate sales disruptions experienced in H1. We expect the remaining inventories to be fully released in 2026. Our projects remain on track: this year will see meaningful progress at our Ertis POX development and the start of construction at Syrymbet, subject to Board approval”, said Vitaly Nesis, CEO of Solidcore Resources plc. HIGHLIGHTS For the fourth consecutive year, there were no lost time injuries recorded among the Company’s employees and contractors. Accordingly, days lost due to work-related injuries (DIS) remained at zero. Full-year (FY) gold equivalent (GE) production totalled 395 Koz, a 19% year-on-year (y-o-y) decrease and 6% below the revised production guidance of 420 Koz, due to delays in Kyzyl concentrate processing at a third-party POX in H1, with more metal inventories carried forward to 2026 than previously expected. As processing stabilised, Q4 production grew by 23% y-o-y and 17% q-o-q to 146 Koz. GE sales in 2025 amounted to 412 Koz and were 23% lower y-o-y due to the production disruptions in H1. Quarterly sales grew by 24% y-o-y to 152 Koz on the back of the metal output recovery in H2. FY revenue increased by 13% to US$ 1.5 billion, driven by higher gold prices, which compensated for the lower sales. Quarterly revenue amounted to US$ 639 million on the back of favourable prices and strong quarterly sales. The Company expects full-year Total Cash Costs (TCC) and All-in Sustaining Cash Costs (AISC) to be approximately 5% above the top end of the guidance range of US$ 1,000-1,100/GE oz and US$ 1,450-1,550/GE oz, due to a higher mining extraction tax (MET) expense. CAPEX is expected to be below the guidance of US$ 300 million at approximately US$ 270 million, as some Ertis POX expenses have been deferred to 2026. Net Cash position as at the end of 2025 stood at US$ 461 million versus net cash of US$ 355 million as at the end of Q3 2025 and US$ 374 mln as at the end of 2024. At Ertis POX, a significant milestone was achieved with the autoclave delivery to the construction site. The project is progressing according to schedule. At Syrymbet, the definitive feasibility study is in progress and the project is moving toward Board approval in H2 2026. In Q4 2025, the Company completed construction of the solar power plant at the Varvara site with the ramp-up expected in H1 2026. The Company will publish its full-year financial results on 19 March 2026. OUTLOOK In 2026, the Company expects to produce с. 540 Koz of GE. The increase will be driven by concentrate inventories release. For 2027, preliminary guidance envisages GE output of c. 500 Koz. 2026 costs are estimated at US$ 1,350-1,550/GE oz for TCC (15-35% increase y-o-y) and US$ 1,850-2,050/GE oz for AISC (15-30% increase y-o-y) subject to the KZT/USD exchange rate, as well as gold price dynamics impacting MET level. The increase relative to 2025 is driven by higher MET expenses – reflecting the introduction of a progressive MET tax rate under the new Tax Code in Kazakhstan, which is linked to gold prices[1] – the effect of higher gold prices, and inflationary pressures. Capital expenditures in 2026 are projected at c. US$ 510 million (almost a twofold increase y-o-y). The y-o-y increase will be driven by higher spending on the Ertis POX construction as the project progresses (US$ 315 million), construction of underground mining infrastructure at Kyzyl, fleet replacement at Varvara hub and the expansion of tailings storage facilities at both Kyzyl and Varvara. In addition to the capital expenditure, the Company will provide a c. US$30 million loan to the Syrymbet JV to finance a feasibility study and other pre-construction costs. PRODUCTION RESULTS 3 months ended Dec 31, % change1 12 months ended Dec 31, % change1 2025 2024 2025 2024 Waste mined, Mt 30.9 33.6 -8% 123.2 129.0 -4% Ore mined (open pit), Kt 1,392 1,512 -8% 5,300 5,201 +2% Ore processed, Kt 1,642 1,618 +1% 6,522 6,372 +2% Average GE grade processed, g/t 2.4 2.5 -4% 2.7 2.8 -2% Mine metal output, GE Koz2 112 122 -8% 508 513 -1% Kyzyl (gold in concentrate) 67 77 -12% 347 343 +1% Varvara 45 45 +0% 161 170 -5% Production, GE Koz3 146 119 +23% 395 490 -19% Kyzyl 101 74 +37% 234 320 -27% Varvara 45 45 +0% 161 170 -5% Sales, GE Koz 152 122 +24% 412 536 -23% Kyzyl 102 80 +27% 240 365 -34% Varvara 50 42 +19% 171 172 -0% Revenue, US$m4, 5 639 322 +99% 1,500 1,327 +13% Net cash/(debt), US$m6 461 355 +30% 461 374 +23% LTIFR7 0 0 NM 0 0 NM DIS (Employees)8 0 0 NM Fatalities Employees 0 0 NM 0 0 NM Contractors 0 0 NM 0 0 NM Average headcount 3,975 3,577 +11% Note: (1) % changes can be different from zero even when absolute numbers are unchanged because of rounding. Likewise, % changes can be equal to zero when absolute numbers differ due to the same reason. This note applies to all tables in this release. (2) Gross metal output generated at the mine site before accounting for third-party refining or processing losses. Based on 80:1 Au/Ag conversion ratio and excluding base metals. Discrepancies in calculations are due to rounding. (3) Represents payable production delivered for final processing or sale to off-takers and with accounting for third-party processing and refining losses. Based on 80:1 Au/Ag conversion ratio and excluding base metals. Discrepancies in calculations are due to rounding. (4) Calculated based on the unaudited consolidated management accounts. (5) Revenue for 2024 includes re-sale of third-party metal. Sales are shown net of re-sale of third-party metal (if applicable). (6) Non-IFRS measure based on unaudited consolidated management accounts. Comparative information is presented for 30 September 2025 (for the three months period) and 31 December 2024 (for the twelve months period). (7) LTIFR = lost time injury frequency rate per 200,000 hours worked and includes only the Company’s own employees. (8) DIS – days lost due to work-related injuries. About Solidcore Solidcore Resources is a leading gold producer registered in AIFC, Kazakhstan, and listed on Astana International Exchange. Solidcore operates two producing gold mines and a major growth project in Kazakhstan. Enquiries Investor Relations Media Kirill Kuznetsov Alina Assanova +7 7172 47 66 55 (Kazakhstan) ir@solidcore-resources.com Yerkin Uderbay +7 7172 47 66 55 (Kazakhstan) media@solidcore-resources.kz FORWARD-LOOKING STATEMENTS This release may include statements that are, or may be deemed to be, “forward-looking statements”. These forward-looking statements speak only as at the date of this release. These forward-looking statements can be identified by the use of forward-looking terminology, including the words “targets”, “believes”, “expects”, “aims”, “intends”, “will”, “may”, “anticipates”, “would”, “could” or “should” or similar expressions or, in each case their negative or other variations or by discussion of strategies, plans, objectives, goals, future events or intentions. These forward-looking statements all include matters that are not historical facts. By their nature, such forward-looking statements involve known and unknown risks, uncertainties and other important factors beyond the company’s control that could cause the actual results, performance or achievements of the company to be materially different from future results, performance or achievements expressed or implied by such forward-looking statements. Such forward-looking statements are based on numerous assumptions regarding the company’s present and future business strategies and the environment in which the company will operate in the future. Forward-looking statements are not guarantees of future performance. There are many factors that could cause the company’s actual results, performance or achievements to differ materially from those expressed in such forward-looking statements. The company expressly disclaims any obligation or undertaking to disseminate any updates or revisions to any forward-looking statements contained herein to reflect any change in the company’s expectations with regard thereto or any change in events, conditions or circumstances on which any such statements are based. KYZYL 3 months ended Dec 31, % change 12 months ended Dec 31, % change 2025 2024 2025 2024 MINING Waste mined1, Mt 17.0 19.6 -13% 68.1 80.6 -16% Ore mined (open pit), Kt 594 613 -3% 2,442 2,409 +1% Gold grade, g/t 5.0 5.1 -2% PROCESSING Ore processed, Kt 612 592 +3% 2,470 2,417 +2% Gold grade, g/t 4.0 4.6 -14% 4.9 5.0 -1% Gold recovery 87.0% 87.7% -1% 88.9% 88.6% +0% Concentrate produced, Kt 22.8 27.9 -18% 112.7 118.1 -5% Concentrate gold grade, g/t 92.1 85.6 +8% 95.8 90.4 +6% Gold in concentrate, Koz2 67 77 -12% 347 343 +1% Concentrate shipped to third party smelter, Kt 3 15 -81% 18 55 -68% Payable gold shipped, Koz 6 28 -80% 35 102 -66% Toll-processing at third-party POX Concentrate processed, Kt 32 16 +97% 82 67 +23% Gold grade, g/t 103 103 -0% 102 112 -9% Gold recovery 91.8% 91.4% +0% 92.1% 92.6% -1% Dore produced, Koz 96 46 +109% 199 217 -8% TOTAL PRODUCTION Gold, Koz 101 74 +37% 234 320 -27% Note: (1) Kyzyl waste mined reporting approach was amended to include specification of volume weight coefficients used to convert cubes into tonnes by mines and periods. Previous periods were restated accordingly. (2) Semi-finished material pending sale or final processing is excluded from total production and will be included once shipped to a third-party offtaker or upon doré production under the existing tolling arrangement. In Q4 2025, gold production at Kyzyl increased by 37% y-o-y to 101 Koz, driven by the resumption of processing of the concentrate accumulated in H1 2025 at Amursk POX. However, full-year production declined to 234 Koz due to delays in concentrate deliveries and sales in H1, a trend that is expected to reverse, with production projected to reach 370 koz in 2026. The decline in gold grade in Q4 and the resulting gold in concentrate decrease is attributable to the planned depletion of the high-grade open-pit reserves at the Eastern part of the pit and staged preparation for the underground mining transition. Stripping volumes decreased due to the gradual and systematic reduction of open-pit mining operations. The Company is planning to start underground ore mining in 2030. VARVARA 3 months ended Dec 31, % change 12 months ended Dec 31, % change 2025 2024 2025 2024 MINING Waste mined, Mt 13.9 14.0 -0% 55.2 48.3 +14% Ore mined (open pit), Kt 797 899 -11% 2,858 2,792 +2% Gold grade, g/t 1.4 1.3 +9% PROCESSING Leaching Ore processed, Kt 903 848 +6% 3,396 3,179 +7% Gold grade, g/t 1.4 1.2 +18% 1.3 1.2 +4% Gold recovery1 88.7% 89.4% -1% 90.0% 89.4% +1% Gold production (in Dore), Koz 37 36 +4% 130 129 +1% Flotation Ore processed, Kt 127 178 -29% 657 777 -15% Gold grade, g/t 2.4 2.2 +12% 2.0 2.3 -13% Recovery1 90.6% 88.4% +3% 88.8% 88.9% -0% Gold in concentrate, Koz 7 9 -16% 30 41 -26% TOTAL PRODUCTION Gold, Koz 45 45 +0% 160 170 -5% Note: (1) Technological recovery, includes gold and copper within work-in-progress inventory. Does not include toll-treated ore. At Varvara, quarterly production was stable y-o-y at 45 Koz, while annual volume recorded a 5% y-o-y reduction on the back of the planned decrease in Komar and third-party ore grades during 9M 2025. In Q4, however, higher-grade ore from the deeper levels of the southern part of the Komar pit was introduced into the leaching circuit which resulted in a y-o-y increase in head grade and production. Flotation circuit saw a decrease in quarterly production due to the lower ore processing volumes attributable to the depletion of Varvara high-copper grade ore reserves within the current pit. Flotation plant was mostly processing third-party material with a higher grade, which led to the average grade increase at the circuit. The 11% y-o-y decrease in ore mined in Q4 was driven by the planned involvement of the stockpiled ore into processing. In 2026, the production is projected at 170 Koz. DEVELOPMENT PROJECTS At Ertis POX, the autoclave has been delivered to the construction site and installed on the foundation for temporary storage. Temporary power supply system was installed. Construction of temporary buildings and structures is nearing completion. Public hearings were held and a positive expert conclusion was obtained as part of a report on national Environmental Impact Assessment (EIA). International Environmental and Social Impact Assessment (ESIA) is in its final stage, with the final ESIA report is expected to be finalised in April. In 2026, the Company plans to obtain a positive conclusion from the State Expert Review, complete the installation of foundations for all production and key infrastructure facilities, commence deliveries of the main process equipment, and complete the basic engineering. In parallel, the Company is advancing negotiations with several international banks for loan facilities of US$ 500-600 million and expects to sign the financing agreements in Q2 2026. The Company has completed construction of the 22.6 MW solar power plant at the Varvara site, with ramp up scheduled for early 2026. Construction of the 40 MW gas power plant is proceeding on schedule with the launch expected in 2026. At Syrymbet, an analysis of the design and geological documentation has been carried out. Approximately 60% of the engineering surveys have been completed. Development of the regulatory documentation is ongoing, with completion expected in Q1 2026. The Board of Directors approved a budget of US$ 30 million for site preparation works and the definitive feasibility study. SUSTAINABILITY, HEALTH AND SAFETY During the reporting period, there were no lost time injuries recorded among the Company’s employees and contractors. No days lost due to work-related injuries (DIS) occurred accordingly. 2025 marked 8th consecutive year with no fatal incidents at Solidcore’s operations in Kazakhstan. Safety remains a top priority for Solidcore as we aim to maintain zero fatalities across our operations and among on-site contractors. The Company is committed to implementing initiatives that further enhance health and safety conditions. The Company is actively working on de-risking its energy supply alongside reduction of costs and greenhouse gas (GHG) emissions. In 2026, Solidcore aims to complete construction of the 40 MW gas-piston power plant at Varvara, supporting the transition from purchased grid electricity to self-generated clean energy, resulting in a projected reduction of the Company’s greenhouse gas emissions. In addition, Solidcore plans to continue implementation of its afforestation project in the Kostanay region in 2026, with the planting of approximately 140 ha of new forest, and to launch the second phase of this voluntary forest carbon project covering around 500 ha in the Abay region, near Kyzyl. [1] At US$ 4,000/oz and above the MET rate is at its ceiling of 11%. 02/02/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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China Unicom Attains the China Securities ‘Golden Bauhinia Awards’

EQS via SeaPRwire.com / 30/01/2026 / 15:29 UTC+8 Hong Kong, 30 January 2026 – On 30 January 2026, the 15th Hong Kong International Financial Forum and China Securities "Golden Bauhinia Awards" Ceremony, co-hosted by Hong Kong Ta Kung Wen Wei Media Group, Hong Kong Chinese Enterprises Association, Chinese Financial Association of Hong Kong, Chinese Securities Association of Hong Kong, and Hong Kong Chartered Governance Institute, was grandly held in Hong Kong. The event is a publicly recognised selection with extensive influence in the capital markets of Chinese Mainland and Hong Kong. China Unicom (Hong Kong) Limited (HKEx: 762) has been honored with two awards: "Best Listed Company" and "Best Investor Relations Listed Company". Mr. Chen Shuxiong, President of China Unicom (Hong Kong) Limited Hong Kong Headquarter, accepted the awards on behalf of the Company. These awards reflect the capital market’s recognition of the Company’s performance over the past year in areas including market capitalisation performance, investor relations, information disclosure, corporate governance, and environmental, social and governance (ESG) practices. As an important platform for documenting industrial transformation and fostering communication between the capital markets of Chinese Mainland and Hong Kong, receiving the "Golden Bauhinia Awards" will serve as a driver for the Company's high-quality development. Going forward, China Unicom will adhere to the main keynote of "upholding integrity and fostering innovation, and advancing steadily for long-term growth", focus on the core arenas of "connectivity", "computing", "service" and "security", continuously improve the long-term mechanism for market value management, deepen its classified and differentiated investor relations management, steadily enhance the standard of compliant information disclosure, and create greater value for shareholders, customers, employees and society. - End - For media enquiries, please contact: China Unicom (Hong Kong) Limited Corporate Affairs Department Mr. Chris Chen Tel: (852) 2121 3212 Email: chris@chinaunicom.com.hk 30/01/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Huitongda Network (9878.HK) Received Listing Approval for H Share Full Circulation, Unleashes Market Liquidity and Growth Potential

EQS via SeaPRwire.com / 30/01/2026 / 14:45 UTC+8 Huitongda Network (9878.HK) recently announced that it has received the filing notice by the CSRC and the listing approval by the Hong Kong Stock Exchange regarding its application for the full circulation of H shares. This marks a key step in the company’s efforts to optimize its capital structure and enhance market liquidity. Upon the completion of H share full circulation, Huitongda’s negotiable market capitalization is expected to significantly increase, which would in turn create strong market awareness and valuation recovery momentum. Increasing Circulating Shares to Boost Trading Activity According to the announcement, the number of H shares in circulation will increase by approximately twofold upon the completion of conversion and procedures, leading to a substantial increase in public float. Stock analysts generally believe that such an increase will optimize trading structure, encourage market participation, and attract more institutional investors and passive funds. In the Hong Kong stock market, liquidity has been one of the key factors influencing valuation. With a material increase in free float, it is expected that Huitongda will see an improved pricing efficiency in the secondary market, laying the foundation for a proper reflection of its intrinsic value. Based on its recent share price performance, the market has also responded favourably towards the expected improvement in fundamentals and its progress in H share full circulation, with the share price standing firm above the HK$10 mark. The company, especially its upcoming performance, is expected to be increasingly under investors’ radar. Earnings Growth, Share Repurchase, and Dividend Distribution to Progressively Realize Its Capital Market Strategy While optimizing its capital structure, Huitongda has been steadily implementing its plans for business growth and improving shareholders’ return. The expectation of “earnings growth + share repurchase plan + dividend distribution” has essentially formed a positive feedback loop, garnering investors’ attention. On operations, Huitongda remains committed to pursuing high-quality growth, seeking strategic transformation by focusing on supply chain upgrades, self-owned brands development, and AI empowerment. The market remains optimistic over its prospects of achieving a double-digit earnings growth in the future. Supported by the substantial improvement in profitability, Huitongda may also enter a window of valuation recovery. In terms of shareholders’ return, Huitongda has used its capital reserves to offset accumulated losses, reducing its accumulated losses to RMB0. This has essentially removed the key potential obstacle in dividend distribution, laying the foundation for a stable dividend policy in the future. Considering its strong cash position and stable cash flow performance, the possibility of a dividend return should further boost its market performance. In addition, Huitongda previously announced a share repurchase plan of up to RMB500 million, and has backed up its confidence with a series of repurchase activities. According to public disclosure, since 25 November 2025, Huitongda has repurchased its shares for 20 trading days, buying a total of 1,395,700 shares over the past two months. The sustained buyback activities have provided solid support to its share price, while also highlighting management’s confidence and recognition of its long-term value. Liquidity Enhancement and Fundamental Improvement to Drive Re-rating From a medium-to-long-term perspective, H share full circulation is not merely a one-off capital structure movement, but an important milestone in Huitongda’s strategic transition. On the one hand, the expansion of free float is expected to enhance market liquidity and facilitate broader investor participation; on the other hand, with a clear path to earnings growth, the improvement in underlying fundamentals is also providing a strong support for valuation recovery. On the combination of “full share circulation + share repurchase + dividend distribution”, Huitongda’s capital market narrative is becoming increasingly clear, forming a positive loop with improved liquidity to boost market attention; earnings recovery to strengthen underlying fundamentals, and enhanced shareholders’ return to induce investment appetite. To Huitongda, the market believes that the implementation of H share full circulation will open new and broader capital market channels for the company. As Huitongda continues to deliver on its business and capital market initiatives, it may be at the inflection point of revaluation, entering a new phase of strong share price performance. 30/01/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Chinese RISC-V Chipmaker SpacemiT Launches K3 AI CPU, Highlighting the Rise of Open-Source Hardware in Intelligent Computing

EQS via SeaPRwire.com / 30/01/2026 / 09:57 UTC+8 Hangzhou,China,January 29,2026--As the global technology industry accelerates its shift toward open architectures and on-device artificial intelligence, Chinese RISC-V chip company SpacemiT announced the launch of its new K3 AI CPU on January 29. The company aims to combine the open RISC-V instruction set with general-purpose and AI computing capabilities, offering a more flexible, power-efficient and cost-effective platform for intelligent terminals and edge computing. For decades, the processor market has been dominated by x86 and Arm architectures. However, as AI workloads gradually move from the cloud to end devices, there is growing interest in more open and customizable computing platforms. RISC-V, as a fully open-source instruction set architecture, is increasingly seen as a key foundation for the next generation of open computing ecosystems. Founded in 2021 and headquartered in Hangzhou, SpacemiT is one of the few Chinese semiconductor companies committed to a “pure RISC-V” strategy. The company focuses on integrating high-performance general computing and AI acceleration into a single chip, which it describes as an “AI CPU” approach. This design philosophy targets intelligent hardware scenarios that require high computing density, low power consumption and strong system integration. The K3 chip is the result of more than 1,200 days of development. According to the company, it is among the first mass-production-ready RISC-V AI CPUs compliant with the RVA23 specification. It also supports 1024-bit RISC-V Vector extensions (RVV) and native FP8 precision for AI inference. In terms of hardware configuration, K3 integrates eight high-performance X100 RISC-V CPU cores with a maximum frequency of 2.4GHz. SpacemiT said its single-core performance is broadly comparable to Arm’s Cortex-A76. The chip delivers up to 60 TOPS of AI compute and supports up to 32GB of LPDDR5 memory. SpacemiT noted that K3 is not designed to compete directly with high-end server CPUs or GPUs, but instead to enable local execution of medium-scale AI models and multimodal applications. The company said K3 can support models in the 30- to 80-billion-parameter range on a single chip, with typical system power consumption between 15 and 25 watts. On the software side, K3 adopts a co-design approach between hardware and software. It supports mainstream AI frameworks and compilers such as Triton and TileLang, and is compatible with major open-source AI ecosystems and Linux distributions. The company said this is intended to reduce the development barriers for deploying AI models on RISC-V platforms, bringing the experience closer to that of x86 and Arm systems. “We believe the long-term direction of computing architectures is a transition from closed to open systems,” said Chen Zhijian, founder and CEO of SpacemiT, at the launch event. “x86 is highly closed, Arm is semi-open, while RISC-V is fully open. In the long run, open instruction sets are more likely to become the foundation of global computing.” Chen added that RISC-V carries particular significance for China’s semiconductor industry. “In the past, Chinese computing chips were largely limited to domestic markets. Open architectures create a new path for Chinese chips to integrate more naturally into the global technology ecosystem.” K3 emphasizes a fusion of general computing, AI computing and data-coherent interconnects. Chen described this direction as the evolution toward a “next-generation AI CPU,” where traditional CPUs become increasingly intelligent. “In the AI era, CPUs can no longer be just control processors,” he said. “They must also provide native AI computing capabilities. This is similar to the shift from feature phones to smartphones — a fundamental change in the form of computing.” SpacemiT also disclosed that its previous-generation K1 chip has achieved shipments of more than 150,000 units and has been deployed in industrial control systems, robotics, edge computing platforms and open-source intelligent hardware. This commercial experience provides a foundation for the rollout of K3. The company said K3 has already received orders, with initial deliveries planned from the end of April 2026. The company continues to promote a “full-stack RISC-V” strategy, covering CPU IP, chip design, operating systems, compilers, AI software stacks and developer platforms. K3 supports multiple operating systems including Ubuntu, OpenHarmony and OpenKylin. SpacemiT is also launching supporting products such as PICO-ITX single-board computers, robot core boards and array server platforms, while opening its hardware reference designs to developers and system integrators. Hangzhou has recently emerged as a major hub for AI, semiconductor and open-source technology innovation in China. Industry observers note that a new generation of Chinese technology companies is taking shape in the region, strengthening China’s presence in advanced “hard-tech” sectors. SpacemiT is regarded as one of the representative players in this ecosystem. At the same time, the industry generally acknowledges that RISC-V still lags behind x86 and Arm in high-end computing, software ecosystem maturity and overall industrial scale. SpacemiT also recognizes that its current products are better suited to intelligent terminals and edge AI rather than competing directly with top-tier server processors or GPUs. “Our goal is not to confront global giants head-on,” Chen said. “Instead, we aim to establish differentiated advantages in the mid-range computing segment, using lower power consumption, higher integration and better cost efficiency to make AI computing accessible to more devices.” As artificial intelligence continues to move from centralized cloud platforms toward local deployment, power efficiency, system integration and open ecosystems are becoming key competitive factors. The launch of K3 represents a concrete step by China’s RISC-V community in combining open-source architectures with AI computing, and reflects China’s broader effort to explore new technological paths in the next generation of global computing. 30/01/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Hedge & Sachs Reports on ‘Alternative Investments: A Growing Trend in Modern Finance’

EQS via SeaPRwire.com / 29/01/2026 / 10:52 UTC+8 Dubai, UAE - January 29, 2026 - (SeaPRwire) - Hedge & Sachs has released its report on 'Alternative Investments: A Growing Trend in Modern Finance'. Across major economies, alternative investments have moved from niche tools to an essential part of many portfolios. Investors turn to them for steadier returns, inflation protection, and diversification that is less tied to stock and bond swings. As technology simplifies access and private markets expand, these assets continue to influence methods of risk management for global investors. Expanding Avenues for Diversification Alternative investments cover a wide range of options, from tangible holdings to newer forms of assets. Real estate remains appealing, either through direct ownership or Real Estate Investment Trusts (REITs). Private equity and venture capital back promising companies, while private credit offers direct loans to businesses outside traditional banking systems. Hedge funds rely on active strategies, and commodities such as gold and oil remain important tools for managing market risk. Collectibles, from artwork to vintage cars, add another layer of value for investors with specialized interests. Investment in infrastructure—toll roads, airports, and data centers—continues to attract long-term funding from institutions. Cryptocurrencies, though volatile, contribute diversification potential to mixed portfolios, particularly where fractional ownership models are available. Compared to traditional assets, alternatives often involve longer commitments and deeper research. They tend to be less liquid and are mainly accessible to high-net-worth individuals and institutions prepared for extended horizons. Costs and regulatory demands are higher, yet many investors still see them as a way to balance periods of market stress. Market Momentum and Investor Behavior Recent years have brought steady momentum for alternative assets as global uncertainty has influenced financial strategies. Many investors seek more dependable returns to balance the unpredictable movement of public equities and bonds. Lower yields on government and corporate debt have encouraged interest in private credit, while real assets and infrastructure can offer some protection against rising prices. Technological developments such as tokenization and new investment platforms have widened access to private markets. These tools have improved transaction efficiency and transparency, drawing participation from a younger generation of investors. Private companies that stay unlisted longer create more openings for private equity and venture capital participation. Private equity remains one of the main engines behind this expansion. Firms buy private companies and aim to strengthen operations, extend market reach, or reorganize structures to support higher profitability. This hands-on involvement contributes to job creation and modernization in several sectors, reinforcing the economic role of private investments. PE investment strategies differ, but each one relies on active participation in value creation. Buyout funds acquire controlling stakes in profitable firms and seek to improve them through operational upgrades or mergers. Growth equity provides capital to established businesses entering new markets, often through minority positions. Venture capital funds invest early in tech-enabled startups with strong growth potential, while secondary and distressed investments present varied risk-return profiles that match different investor preferences. Balancing Growth and Responsibility The performance of private equity and other alternative assets in 2025 has remained stable despite uneven global conditions. Activity is healthy across buyouts and exits, while healthcare, technology-related services, and financial sectors continue to attract interest. Environmental, social, and governance standards have gained importance, prompting asset managers to adjust to higher reporting expectations and updated regulations. Broader use of alternatives is expected to continue through the decade as more investors study these asset classes. Expanding private credit markets, improved tools for analysis, and policy adjustments are projected to draw additional capital worldwide. Data-driven methods support deal evaluation and management, strengthening how portfolios are reviewed and monitored. Private equity now stands as a crucial element in wealth management strategies for institutions and sophisticated investors. Its capacity to produce balanced, risk-adjusted returns and diversify holdings reinforces its place in long-term planning. As access improves and awareness grows, alternative assets give investors a measured path toward stable, long-term value without relying solely on traditional markets.Hedge & Sachs began in 2019 as a small, self-funded trading desk and has since grown into a fully licensed and regulated advisory firm under the UAE Securities and Commodities Authority (SCA), with a 200-member team operating across multiple jurisdictions and serving more than 4,000 clients worldwide through diversified, risk-managed funds and multi-asset strategies spanning equities, events and arbitrage, fixed income, currencies, commodities, and multi-asset portfolios, supported by a global alternative investment platform anchored in the Cayman Islands, Luxembourg, and India, and complemented by its real estate arms Foremen Fiefdom and Money Plant, which have connected over a thousand clients to high-potential Dubai properties and led to the launch of ARMAS, a premium residential project in Dubai South in collaboration with Zenith Developments. Contact Information Organization: Hedge & Sachs Contact: Noorina Saifullah Email: info@hedgeandsachs.com Website: https://hedgeandsachs.com 29/01/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Home Control Partners with NTU Singapore to Bolster Core Technology and R&D Collaboration, Accelerating Deployment in the AIoT Home Healthcare Sector

EQS via SeaPRwire.com / 29/01/2026 / 09:25 UTC+8 Home Control Partners with NTU Singapore to Bolster Core Technology and R&D Collaboration Accelerating Deployment in the AIoT Home Healthcare Sector As Artificial Intelligence (AI) technology steadily enters the application phase, healthcare is emerging as one of the market segments with the greatest commercial potential. However, the successful implementation of such projects depends on whether the involved enterprises possess the necessary capital, technical expertise, and executive capabilities. Recently, Home Control International Limited (1747.HK), a Hong Kong-listed company, announced several collaborations in the fields of home medical care and smart wellness. Notably, the Company has entered into a Strategic Memorandum of Understanding (MoU) with Nanyang Technological University, Singapore (NTU Singapore) to jointly explore AIoT-enabled healthcare solutions. This collaboration encompasses the preliminary planning and establishment of a personal healthcare platform, as well as critical data security and maintenance within the healthcare management system. As an initial step toward this comprehensive partnership, Home Control’s wholly-owned subsidiary, Orbiva Limited, has also signed an Intellectual Property (IP) Licensing Agreement with NTUitive Pte Ltd (“NTUitive”), the innovation and enterprise company of NTU Singapore, to support applications in home care, healthcare, IoT, and AIoT. The signing of this MoU marks the Group’s transition from preliminary planning to a stage of substantive advancement. In fact, Home Control explicitly identified healthcare as a key strategic direction as early as its 2025 interim report and secured new funding through a share placement to support this development. With capital now in place, the Company is advancing hardware infrastructure and core software R&D. These efforts are expected to yield tangible business results over the coming year. A Forward-Looking Strategic Partnership Aligned with Long-term Demands for Data Security and Trustworthy AI On 22 January 2026, the Singapore government released a new "Model AI Governance Framework for Agentic AI," which underscores the paramount importance of data security. While Agentic AI can automate repetitive tasks and enhance overall efficiency, it also introduces data security and governance concerns, particularly when handling sensitive information. Accordingly, the framework addresses public concerns over AI security across four dimensions: risk assessment, accountability, technical control, and user awareness, thereby establishing a solid foundational framework for the aforementioned collaboration. In healthcare-related businesses, data security constitutes a significant barrier to entry. The collaboration between Home Control and NTU Singapore places a strong emphasis on security and trustworthiness, aligning with current policy trends. This helps the Company secure a reliable and long-term technical foundation within a compliant framework, providing clear support for subsequent product development and commercialization. As a premier academic institution for AI research in Singapore, NTU has long specialized in frontier areas such as trustworthy AI and the security of AI models for cybersecurity. Amid an increasingly clear policy environment and the formation of regulatory frameworks, the university’s research achievements and technical translations are poised for even broader development opportunities. Collaborating with a Top-Tier University and Research Teams to Advance Practical Application A key highlight of this partnership is the reliability and usability of the technology. NTU Singapore is a global leader in AI, cybersecurity, data science, and medical technology. Its research is consistently backed by the Singapore government and national research funds, with a proven track record of commercialization through mature incubation mechanisms. Notably, NTU Singapore has previously collaborated with Alibaba’s DAMO Academy to promote AI application across diverse scenarios, including households, communities, hospitals, and nursing homes. This reflects the high market recognition of NTU’s research capabilities and underscores its proactive approach and exceptional ability in translating high-quality scientific research into practical commercial applications. Synergy Between Industry and Capital: The AI Healthcare Acceleration Phase Globally, AI healthcare is shifting from a conceptual phase to large-scale commercialization. Industry giants like NVIDIA are accelerating "full-stack" AI strategy in medicine, while numerous Chinese healthcare and technology firms are pushing AI integration in diagnosis and health management. Against this backdrop, Home Control’s mid-to-long term focus on AIoT home healthcare is expected to create significant synergies with its existing smart control technologies and extensive international distribution channels. Stable Fundamentals Paired with Growth Expectations On the fundamental front, Home Control's core business remains resilient. The Group resumed dividend payments last year, demonstrating strong cash flow and operational stability. Building on this foundation, the Company’s recent completion of a share placement has introduced new capital to accelerate the development of its new business, providing additional headroom for growth. As research collaborations deepen and R&D investments are increasingly translated into commercial applications, the Group’s business progress in the first half of 2026 is expected to represent as a critical period for the market to evaluate the effectiveness of its strategic transformation. Overall, the structural growth of AI-driven healthcare, together with Home Control’s clear roadmap, enhances its mid-to-long-term growth outlook on the back of its stable foundation. As these initiatives take root, its positioning and valuation in the home healthcare sector warrant continued investor attention. –End– 29/01/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Capcon: Prestige 100 Singapore and Top Business Service and Quality Awards 2025/2026

EQS via SeaPRwire.com / 27/01/2026 / 17:12 UTC+8 In the ever-evolving world of semiconductors, innovation, precision, and reliability are paramount. At the forefront of this high-stakes industry stands Capcon Limited — a dynamic Singapore-based company that has rapidly earned a reputation for delivering cutting-edge solutions in advanced semiconductor packaging. Since its inception in 2014, Capcon has grown from a bold startup idea into a global player in advanced-level packaging, with a vision to reshape the standards of the industry. Capcon’s story is one of resilience, innovation, and determination. Co-founded by Mr Wang Honggang, who also serves as the company’s co-founder and CTO, Capcon was born out of a desire to continue innovating after a prior R&D centre in Singapore closed. Rather than let the curtain fall on a promising technology, the team decided to pursue a more ambitious path: to design and build differentiated bonding machines that would provide customers with faster, more accurate, and cost-effective solutions for advanced packaging needs. This drive was fuelled by the rising global demand for advanced packaging tools capable of handling new materials and complex chip designs— especially in the context of AI, high-performance computing (HPC), and next- generation electronics. Capcon specializes in designing and manufacturing high-speed, high- precision bonders—machines that lie at the heart of the semiconductor packaging process. These tools enable customers to achieve faster throughput, higher yields, and better cost-of-ownership compared to traditional options. What sets Capcon apart is its holistic approach. Beyond providing hardware, the company also helps customers validate and scale processes through pilot/demo lines, enabling them to see real-world results before committing to full-scale deployment. This “proof-before-purchase” model has earned Capcon the trust of tier-1 global customers, even winning out against long- established competitors despite their aggressive pricing strategies. Starting up in the semiconductor equipment space is no small feat. Capcon faced numerous challenges in its early years, from capital intensity to brand invisibility in a market dominated by 50–130-year-old incumbents. Yet, the company tackled these hurdles head-on. It secured angel funding, placed engineers onsite to ensure customer success, and transformed demo-line wins into 24/7 high-volume manufacturing (HVM) lines at key customer sites. Capcon’s approach reflects its customer-first culture, marked by speed, precision, and a strong sense of ownership. Whether it’s a technical issue or a new integration challenge, the company’s teams are known for their fast response and ability to innovate under pressure. With headquarters in Singapore and operational footprints in China, Taiwan, Southeast Asia, and North America, Capcon is already a global company. It leverages a network of regional agents, partners, and process-IP collaborators to reach customers worldwide. Though it doesn’t operate through formal franchises, its strategy of deep collaboration allows for flexibility, rapid customization, and seamless integration. Looking ahead, Capcon is setting its sights on Europe, where conversations with potential partners are already underway. In the next year, the company plans to expand its demo-line capacity and key installations, while its five- year vision includes capturing a 15% global market share in wafer-level packaging, expanding its 2.5D/3D tool family, and deepening its presence in North America and Europe. Capcon’s R&D roadmap is as ambitious as its business goals. Development plans include new face-up/face-down bonding variants, enhanced 2.5D/3D packaging capabilities, and significantly improved vision and automated optical inspection (AOI) systems. These innovations are designed to keep Capcon’s customers ahead in a world where product cycles are shrinking and performance demands are rising. What further distinguishes Capcon is its tight control over operations. With system ownership in Singapore and manufacturing in China, the company ensures quality while maintaining cost competitiveness. Standardized platforms, clear service protocols, and detailed build playbooks all contribute to operational excellence. Beyond its commercial goals, Capcon is committed to societal development. The company collaborates with universities and offers training via its demo lines, preparing the next generation of semiconductor engineers and operators. As it continues to scale, Capcon aims to launch more formal community programs, further embedding itself in the ecosystems it serves. Employee performance is managed through structured KPIs, half-yearly reviews, and goal alignment with product roadmaps. The result is a builder- driven, innovation-focused culture where each team member is empowered to “own the outcome.” Capcon’s rise in the semiconductor landscape is marked by notable achievements. Among the highlights are wins against entrenched incumbents, where Capcon not only matched but exceeded performance benchmarks—even after rival companies slashed prices. Perhaps most satisfying, however, are the moments when pilot demos at customer sites evolved into full-scale, 24/7 production operations—a testament to the trust and results Capcon delivers. Its unique selling propositions include faster machines, precision engineering, strong application support, and rapid engineering turnaround. These factors have cemented Capcon’s position as a go-to partner in advanced packaging. A comprehensive S.W.O.T. analysis highlights Capcon’s strengths in technology ownership, precision, and responsiveness. While brand maturity remains a challenge, the company is well-positioned to seize growth opportunities created by the AI/HPC boom, rising demand for chiplets and 2.5D/3D packaging, and geopolitical shifts encouraging tech onshoring in the U.S. and Europe. By staying ahead of supply chain risks, technology shifts, and competitive pricing pressure, Capcon is charting a bold course for long-term success. In just a few years, Capcon Limited has transformed from a daring idea into a serious contender in the global semiconductor equipment market. With its unwavering focus on technology, customer success, and innovation, Capcon is not just keeping pace with industry leaders—it is redefining what’s possible in advanced packaging. As the demand for smarter, faster, and more efficient chips continues to grow, Capcon is ready to meet the future by every breakout in high-accuracy bonding technology. 27/01/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Newborn Town Inc. (09911.HK) Announces 2025 Annual Operating Data: Revenue Expected to Achieve RMB 6,760 to 7,000 million, Up over 32%, with Explosive Growth in Innovative Business

EQS via SeaPRwire.com / 21/01/2026 / 19:03 UTC+8 [Hong Kong – 21 January 2026] Newborn Town Inc. (Newborn Town or the company, stock code: 09911.HK), a leading global social entertainment company, released its unaudited operating data for 2025. For the year ended 31 December 2025, the company’s total revenue is estimated to reach approximately RMB 6,760 million to RMB 7,000 million, reflecting a year-on-year increase of approximately 32.8 % to 37.5 %. Among the total revenue, social networking business contributed approximately RMB 6,030 million to RMB 6,230 million, up approximately 30.4% to 34.8% year-on-year. The innovative business saw a year-on-year growth of about 55.7% to 64.2% to approximately RMB 730 million to RMB 770 million, continuing its robust growth momentum. In 2025, the company further deepened the integration of AI technologies into its business operations, enhancing user experience and product commercialization efficiency across business segments and driving high-quality growth. Social Networking Business Maintains Strong Momentum with Reinforced Market Leadership According to the announcement, the company achieved significant year-on-year revenue growth of social networking business in 2025, primarily driven by the continued expansion of diversified social products supported by AI technology. During the year, the company's social networking business achieved structural growth across global markets, with synergies among its "bush-like" portfolio of social apps. Products such as TopTop, a game-oriented social networking platform, maintained explosive growth, acting as key engines of expansion. Meanwhile, other core social apps continued to deliver stable revenue and cash flow contributions. Particularly in the MENA region, Newborn Town has built significant competitive advantages and a robust product ecosystem. In Q4 2025, TopTop, supported by localized operations and a growing UGC ecosystem, further strengthened its market position and emerged as a nationally popular app in high-value markets such as Saudi Arabia. The company’s diverse-audience social networking business (LGBTQ) also sustained solid development in overseas markets. Through deepening community engagement, iterating social features, and launching brand campaigns, HeeSay has further solidified its leading position in Southeast Asia, boosting its brand influence. As the social business continued to accelerate, Newborn Town’s overall market competitiveness also strengthened. In December 2025, the company ranked 4th on Diandian’s “Top Chinese non-gaming publishers by overseas revenue”list, up one place from the previous ranking, reflecting solid growth momentum. The company’s consistently improving localization capabilities remain a key driver of its competitive moat. A research report by CLSA in 2025 highlighted Newborn Town’s distinctive competitive edge, enabled by deeper user insights, refined service experience, and diversified monetization models. With solid localization execution, Newborn Town has also demonstrated strong competitiveness in product innovation, user acquisition, and content operations. Innovative Business Delivers Strong Growth as Quality Games Enter a Phase of Long-Term Operations In 2025, Newborn Town’s innovative business emerged as a strong growth engine. The growth was driven by sustained expansion in traffic monetization, social e-commerce business, revenue contributions from the short drama segment and its self-developed quality games. Since Q4 2024, the quality games segment has entered its profit-harvesting phase. Flagship titles have now transitioned into long-term operations, delivering a meaningful increase in ARPU during the year. Building on the game team’s growing expertise in the merge-game genre and the deeper integration of AI technologies, Newborn Town significantly shortened development cycles in 2025, while new game titles advanced steadily as planned. Over the past year, Newborn Town’s social e-commerce business delivered steady growth, while Heer Health further consolidated its leading position in the HIV prevention and sexual health services segment. In 2025, Heer Health partnered with insurance companies and pharmaceutical firms to launch China’s first critical illness insurance product specifically designed for people living with HIV, offering an innovative solution to long-standing challenges in insurance access for this group. Meanwhile, the company’s short-drama business has also begun to demonstrate early positive results. AI Integration Accelerates Innovation-Driven Momentum In 2025, Newborn Town continued to deepen its AI strategy, integrating AI into core business operations while launching a range of “AI + Social Entertainment” product innovations. In terms of product innovation, the company launched Aippy, an AI-powered creative content community that lowers the barrier to creation for users without coding experience. By integrating advanced AIGC technologies, Aippy enables users to easily create mini-games and other interactive content. Since it launch, the mobile version has received encouraging user feedback, achieving an average rating of 4.9 on both the Apple App Store and major Android app stores. AI technologies have now been embedded across all key operations, with the company’s self-developed multimodal algorithm model, Boomiix, continuing to undergo iterative upgrades. By further deploying AI in core scenarios - from social recommendations, intelligent operations, advertising, risk management and content safety, and creative asset design, Newborn Town has consistently optimized user experience and operational efficiency. In 2025, Newborn Town introduced Siyu, an AI-powered intelligent data platform enabling operations teams to efficiently query data, perform analytics and generate reports via natural-language interactions. The platform was subsequently selected as a flagship case by Amazon Web Services. In September 2025, the company entered a strategic partnership with Tencent Cloud to jointly explore opportunities in “AI + Global Social Entertainment,” leveraging both parties’ technical strengths and market reach. In June 2025, Newborn Town established its global headquarters in Hong Kong, marking a new milestone in its globalization strategy. Between November and December 2025, Newborn Town executed a series of share repurchases on the open market, with an aggregate amount exceeding HKD 80 million, demonstrating management’s strong confidence in the company’s long-term value and growth prospects. Moving forward, the company will continue to deepen its global business footprint and remain committed to creating positive emotional value for users. About Newborn Town Newborn Town has grown into a leading technology company which was listed on the Main Board of the Hong Kong Stock Exchange (HKEX) in 2019 under the stock code 9911. Committed to creating positive emotional values worldwide, Newborn Town has developed a diverse portfolio of applications in the social networking and entertainment sectors. These applications have achieved widespread acclaim, reaching over one billion users in over one hundred countries and regions.Newborn Town considers the Middle East and North Africa (MENA) region a key market and has also extended its influence in Southeast Asia, Europe, the United States, Japan, and South Korea. The company aims to become the world's largest social entertainment company. For enquiries, please contact DLK Advisory pr@dlkadvisory.com 21/01/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Dr. Serkan Aygın Clinic Launches All-Inclusive Hair Transplant Packages Amid Rising Medical Tourism in Turkey

EQS via SeaPRwire.com / 21/01/2026 / 09:44 UTC+8 İstanbul, Turkey - January 21, 2026 - (SeaPRwire) - As Turkey continues to attract international patients seeking hair restoration, Dr. Serkan Aygın Clinic has highlighted its all-inclusive hair transplant programs as a key offering for medical travelers. Industry analysts note that Turkey’s reputation for combining experienced surgeons, advanced transplantation techniques, and comprehensive patient care has made it a top destination. By packaging surgery, consultations, accommodation, and post-operative care under a single program, Dr. Serkan Aygın Clinic aims to provide a seamless experience for patients visiting from abroad. The All-Inclusive Package Model in Hair Transplantation The all-inclusive model has become a standard practice among many Turkish hair transplant clinics serving overseas patients. Instead of managing multiple payments and providers, patients receive a clearly defined treatment plan covering medical procedures and essential logistics. Typically, these packages include pre-operative consultations, the hair transplant procedure, medications, accommodation, airport transfers, and post-operative follow-up services. Clinics state that this structure is designed to reduce uncertainty and improve the overall patient experience. Pre-Operative Consultation and Hair Analysis All-inclusive treatment programs generally begin with a detailed medical consultation and hair analysis. During this stage, specialists assess hair density, scalp condition, and the pattern of hair loss using clinical evaluation methods. Based on the findings, surgeons determine the most suitable technique, such as Follicular Unit Extraction (FUE), Direct Hair Implantation (DHI), or Sapphire FUE. Hairline planning is also conducted at this stage, with clinics emphasizing the importance of designs that align with facial proportions and long-term results. Accommodation and Patient Services Hotel accommodation is a standard component of most all-inclusive hair transplant packages. Clinics typically collaborate with nearby hotels to ensure proximity to medical facilities and ease of access for follow-up visits. Patients usually remain in Turkey for several days, depending on the scope of the procedure and recovery requirements. Clinics note that this arrangement allows patients to rest comfortably before and after surgery while remaining under medical supervision. Transfers and On-Site Assistance International patients arriving in Turkey are commonly provided with airport pickup and scheduled transfers between the hotel and clinic. Clinics describe these services as part of their coordinated care approach. In addition, many providers assign patient coordinators or translators to assist throughout consultations and treatment stages, facilitating communication between medical staff and non-Turkish-speaking patients. Hair Transplant Procedure Hair transplant procedures included in these packages are typically performed under local anesthesia and may last several hours, depending on the number of grafts and the chosen technique. Follicles are harvested from donor areas, most often the back of the scalp, and transplanted into areas affected by hair loss. Turkish clinics are known for offering procedures based on maximum safe graft extraction rather than fixed graft limits, a practice aimed at achieving balanced density and natural coverage. Post-Operative Care and Follow-Up Post-operative care is an integral part of all-inclusive packages. Patients receive medications, aftercare instructions, and medical products such as specialized shampoos to support healing. Clinics generally schedule follow-up evaluations during the patient’s stay and continue monitoring progress remotely after patients return home. This extended follow-up model has become a common practice among clinics treating international patients. Additional Medical Treatments Some clinics offer supplementary treatments as part of their programs or as optional additions. These may include Platelet-Rich Plasma (PRP) therapy or other scalp-focused treatments intended to support hair growth and recovery. Such services are typically determined based on individual medical assessments rather than standardized inclusion. Cost Structure and International Demand Industry analysts note that one of the primary reasons for Turkey’s prominence in hair transplantation is cost efficiency. Even when accommodation and transfers are included, treatment costs remain significantly lower than in many European countries and North America. Clinics attribute this advantage to operational scale, specialized medical teams, and long-standing experience with international patients, rather than reduced medical standards. Company Perspective: Dr. Serkan Aygın Clinic Among the clinics operating in this sector, Dr. Serkan Aygın Clinic is recognized as one of the established institutions in Turkey’s hair transplantation field. Founded by Dr. Serkan Aygın, the clinic has been providing hair restoration services since 1996. Dr. Aygın received his medical education at Istanbul University Çapa Faculty of Medicine and completed specializations in Clinical Pharmacology and Dermatology. After serving as a dermatology specialist at Vakıf Gureba Hospital, he focused his clinical work exclusively on hair transplantation. With more than 25 years of experience, particularly in FUE and DHI techniques, Dr. Aygın and his medical team continue to treat patients from multiple regions as part of Turkey’s growing medical tourism sector. About Dr. Serkan Aygın Clinic Dr. Serkan Aygın Clinic is a Turkey-based medical center specializing in hair transplantation and hair treatments. The clinic operates under international medical standards and serves patients from Europe, the Middle East, Asia, and North America. Social Links Facebook: https://www.facebook.com/drserkanaygin/ Instagram: https://www.instagram.com/drserkanaygin/ X: https://x.com/DrSerkanAygin YouTube: https://www.youtube.com/user/DrSerkanAygin LinkedIn: https://www.linkedin.com/company/drserkanaygin/ Media contact Brand: Dr. Serkan Aygin Clinic Contact: Media team Email: info@drserkanaygin.com Website: https://www.drserkanaygin.com 21/01/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Huiyuan Cowins Technology’s Phase-Change Material Technology Lowers Data Center Cooling Costs Waste Heat Recovery Project Meets AI Industry Demand for Energy Conservation and Carbon Reduction

EQS via SeaPRwire.com / 19/01/2026 / 09:59 UTC+8 (19 January 2026, Hong Kong) Huiyuan Cowins Technology Group Limited (“Huiyuan Cowins Technology”, together with its subsidiaries, the “Group”; stock code: 1116.HK) is pleased to announce that the Group has achieved significant progress in the application of its phase-change material business in artificial intelligence (AI) data centers. The Group’s Zhongnong Meiya (Huailai) Zero-Carbon Agriculture Demonstration Park (“Huailai Project”), leveraging its self-developed phase-change materials (PCM) technology and taking data centers as the core heat source, has successfully built an integrated clean heating system of "data center waste heat – temperature-controlled farming – residential heating". This system offers a replicable solution to the seasonal energy supply-demand imbalance in northern China and advances the development of green computing power. By creating a high-value commercial pathway for data center waste heat, it significantly reduces cooling costs and lowers carbon emission intensity, contributing to China’s “dual carbon” goals. The Huailai Project was jointly developed by the Group, the U.K.-based Environmental Process Systems Limited, and Tsinghua University. It is China’s first demonstration project for waste heat recovery from AI data centers. Its core breakthrough is the Group’s self-developed PCM technology, engineered through nanomodification of eutectic salts. This technology delivers an ultra-long cycle life and achieves energy savings of up to 60%, with multiple related invention patents granted. In the Huailai Project, the technology has shown strong adaptability across different scenarios. A high efficiency water source heat pump system upgrades large volumes of waste hot water generated during data center operations to a usable temperature of 55°C. An AI scheduling system then dynamically allocates this heat according to real-time demand. During peak heating periods, it supplies surrounding greenhouses and residential communities; during off peak periods, it stores surplus heat in phase-change energy storage devices together with solar heat from onsite photovoltaic stations. This effectively addresses wintertime energy imbalance in northern China. The project is expected to provide stable and clean heating to nearby communities, delivering over 75,000 GJ of heat annually (approximately 20.83 million kWh), and reducing greenhouse gas emissions by more than 4,000 tons of carbon dioxide, turning waste into a valuable resource. In commercial operation, the Huailai Project reached break-even within one year of commencement. It now serves as a demonstration project and a technical prototype for AI data center waste heat recovery. Its mature solution can be replicated across data centers in China, providing clean energy support for communities and agricultural applications such as premium fruit and vegetable cultivation and edible fungi breeding, while also supporting the achievement of regional carbon peaking goals. Meanwhile, the Group’s Karamay Liquid-Cooled Data Center Demonstration Project, another flagship project, has commenced. The Group will continue to align with global technological development trends, expand PCM applications in data centers, and address the core needs of the AI industry for lower energy consumption and carbon emissions. As global digitalization accelerates, demand for data centers continues to rise. China’s data center market is also expanding rapidly, with approximately 450 facilities in operation as of October 2025. The "East-to-West Computing Resource Transfer" initiative, the accelerated clean energy transition under the national "15th Five-Year Plan", and multi-level government subsidies and policies for the PCM sector provide substantial market potential for the Group’s data center waste heat recovery business. In the future, the Group will continue to drive the efficient conversion of data center waste heat and contribute to the industry’s green transformation. The Group’s strong technological capabilities and industry recognition provide a solid foundation for growth. It has been named a national "Little Giant" enterprise and has received multiple authoritative honors, including recognition by CCTV’s “Strong Country Intelligent Manufacturing” program and the Green Factory Certification. In terms of R&D and standards setting, the Group has accumulated 45 core patents and has led or participated in the formulation of several national and group standards. These achievements provide authoritative technical support for standardized project implementation and healthy industry development. Mr. Tai Yiu Kuen, Kevin, the Chief Executive Officer of Huiyuan Cowins Technology Group Limited stated, “We are greatly encouraged by the success of our PCM business in waste heat recovery in China’s data center industry and are confident in our future business growth. The Huailai Project integrates cutting-edge international technologies with market resources in China, fully demonstrating our technological leadership and competitive advantages in the PCM field. Looking ahead, we will capitalize on supportive national policies and the expansion of the data center market, continue to upgrade green and low-carbon computing power, and inject sustained technological momentum into China’s green and low-carbon transition." - END - About Huiyuan Cowins Technology Group Limited Huiyuan Cowins Technology Group Limited (stock code: 1116.HK) has been deeply engaged in the steel pipe and steel sector for over 30 years and is a benchmark brand in China's stainless steel water pipe industry, with full-chain capabilities in “independent R&D – production manufacturing.” Its main businesses cover stainless steel water pipes and fittings, carbon steel plate shearing, pipeline direct drinking water solutions, and extend to the phase change energy storage technology field. Since 2023, the Group has accelerated its expansion into the energy storage business, focusing on the R&D and production of phase-change energy storage materials (PCM), providing customized cold storage and heat storage solutions for customers in various industries. The company was listed on the Main Board of The Stock Exchange of Hong Kong Limited in 2004. For more details, please visit its official company website: https://www.hctechgp.com. 19/01/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Chow Tai Fook Jewellery Launches Next Phase of International Expansion with New Bangkok Opening and Appointment of Global Brand Ambassador

EQS via SeaPRwire.com / 16/01/2026 / 11:05 UTC+8 Accelerated overseas strategy as an integral part of brand transformation (Hong Kong, Bangkok, 16 January 2026) Chow Tai Fook Jewellery Group Limited ("Chow Tai Fook Jewellery Group", the "Group" or the "Company"; SEHK stock code: 1929), the global Chinese luxury group built on a nearly-century old legacy of trust and innovation, announces the opening of a key strategic store in Bangkok, Thailand, within the iconic Siam Paragon, as well as the appointment of acclaimed Chinese actor Yang Yang as its Global Brand Ambassador. These initiatives mark significant milestones in the Group’s brand transformation journey as it redefines global luxury through Chinese craftmanship and artistry. The Group, which operates over 5,000 stores globally with a market capitalisation of approximately HK$122 billion, equivalent to US$16 billion, (as of 31 December 2025), is strengthening its presence in luxury destinations across international markets as part of its brand transformation. The new store at a Southeast Asian luxury retail landmark showcases Chow Tai Fook Jewellery’s blend of modern sophistication with the richness imbued by cultural heritage. In addition, the appointment of Global Brand Ambassador Yang Yang reflects the commitment to engaging new audiences and deepening emotional resonance with overseas consumers. Yang Yang, a renowned globally recognised Chinese actor, is set to strengthen the brand’s presence in key international markets, positioning it as a modern, elegant embodiment of Chinese luxury on the world stage. A New Expression of Heritage and Modern Luxury The new Siam Paragon store features the brand’s iconic “Chow Tai Fook Timeless Red” throughout. The space celebrates the beauty of Chinese craftsmanship and artistry with the use of refined materials and thoughtful lighting that create a warm, gallery-like ambience. To build connections and emotional resonance, the Group is introducing a selection of Thai-exclusive pieces that honour local culture. “As we advance our dynamic brand transformation journey, curating exceptional retail experiences in international markets is pivotal in Chow Tai Fook Jewellery’s overseas expansion strategy. This expansion is part of our ambition to establish Chow Tai Fook Jewellery as a leading force in global luxury, while reinforcing our legacy of innovation, excellence, and cultural resonance,” said Ms Sonia Cheng, Vice-chairman of Chow Tai Fook Jewellery Group. She further remarked: “Another key aspect of our strategic vision is the appointment of Yang Yang as our Global Brand Ambassador. Through this alliance, we will cultivate a refined and contemporary identity for a Chinese luxury brand on the world stage.” Accelerating Global Reach to Redefine Luxury Across Borders Chow Tai Fook Jewellery’s international business expansion is guided by a two-pronged approach: revitalising key existing markets and expanding into high-potential new territories for sustainable growth. With around 60 points of sales across international markets in 1HFY2026 (April to September 2025), the Group’s retail sales in Other Markets segment (including China duty-free) grew nearly 17% year-on-year. The opening of the Siam Paragon store follows the debut of the Group’s first newly designed store in Southeast Asia, which opened at Singapore Changi Airport in November 2025. Building on this momentum, Chow Tai Fook Jewellery is set to further expand its international retail network, with plans to open its first store in Australia and an additional store in Canada by the end of June 2026. The Group also intends to expand into the Middle East market within two years. Redefining Global Luxury Through Chinese Artistry In celebration of its 95th anniversary, the Group embarked on a brand transformation journey in 2024 to redefine global luxury. By blending heritage with contemporary iconic designs, the Group showcases the beauty of China to the world through exquisite jewellery that honours tradition while embracing modern elegance. Chow Tai Fook Jewellery is the first Chinese jewellery brand to appoint a Creative Director with international perspectives and exposure, underscoring its commitment to innovative design and narrative-driven branding. Led by Creative Director of High Jewellery, Nicholas Lieou, the Group introduced its signature collections, including the CTF Rouge and CTF Joie Collections. ### Chow Tai Fook Jewellery Group Limited Since its founding in 1929, CHOW TAI FOOK, the flagship brand of Chow Tai Fook Jewellery Group, has been celebrated for its bold designs and meticulous attention to detail. Our commitment to innovation and craftsmanship has made us synonymous with excellence, value, and authenticity. As the global Chinese luxury group, we blend contemporary designs with traditional techniques to create timeless pieces. Each collection reflects our customers' stories and lives, celebrating their special moments. We aspire to inspire and captivate generations to come, weaving the story of CHOW TAI FOOK into their own. Our brand portfolio includes the iconic CHOW TAI FOOK flagship brand, HEARTS ON FIRE, ENZO, and MONOLOGUE, offering a wide variety of products that also includes an expanding range of cutting-edge IP collaborations. With over 5,000 stores worldwide, we offer a seamless client journey across all touchpoints that includes a network across China as well as a growing number of global locations. Chow Tai Fook Jewellery Group Limited (SEHK: 1929) has been listed on the Main Board of the Hong Kong Stock Exchange since December 2011. We are committed to delivering sustainable long-term value for our stakeholders by continually enhancing earnings quality and driving higher value growth. Media Enquiries: Chow Tai Fook Jewellery Group Limited Haide Ng Associate Director, Corporate Communications Tel: (852) 3115 4402 Email: haideng@chowtaifook.com Acky Chan Senior Manager, Corporate Communications Tel: (852) 3115 4403 Email: ackychan@chowtaifook.com 16/01/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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AIMS Enters Official Partnership with Italian Lamborghini Brand and its winery

EQS via SeaPRwire.com / 16/01/2026 / 09:17 UTC+8 Kuala Lumpur– AIMS is pleased to announce an official partnership with the Lamborghini Brand and its winery. This collaboration represents not only a powerful alliance between two leading brands from distinct fields, but also a dedicated effort to transcend traditional industry boundaries, creating an unprecedented platform of excellence for traders and brand enthusiasts across the Asia-Pacific region and globally. Lamborghini is not only an icon of ultimate automotive craftsmanship but has also extended its pursuit of luxury and quality into the world of wine. The spirit of resilience, excellence, and breakthrough embodied by its founder, Mr. Ferruccio Lamborghini, has been ingrained in the winery since its establishment in 1968. Faithfully continue Lamborghini's relentless pursuit of perfection and channeling the fighting spirit symbolized by the iconic Taurus emblem. "We are truly honored to enter into this partnership," mentioned by Aaron Chang, CEO of AIMS. "This goes far beyond a commercial linkage; it is a profound alignment of brand philosophies. AIMS is committed to providing users with exceptional and efficient service experience, empowering them to continually push boundaries and pursue the 'extraordinary' in their trading journey. This resonates perfectly with the Lamborghini founder's ethos of constantly challenging limits and pursuing perfection. We look forward to working together to open new doors for our clients, leading them toward greater achievements and unique experiences." "This partnership sets a new benchmark where elite trading services converge with legendary Italian luxury," said Mr. Stanley Ng, Principal Consultant & Advisor for the Lamborghini Brand and Winery in Southeast Asia. "We are confident that AIMS distinguished market presence and influence will further elevate the brand experience for connoisseurs throughout the region." This partnership marks a strategic step in AIMS’s global expansion, further solidifying its leadership in integrating high-end lifestyle offerings with advanced trading platforms. Moving forward, both parties will jointly explore greater cross-sector value, providing high-end clients with a new dimension of experience that combines luxurious taste with excellent performance. About AIMS AIMS is a brand with an 11-year industry heritage and a trusted financial broker for institutional and individual traders worldwide. With a global presence spanning more than 21 countries and regions, the broker is renowned for its high-performance trading platforms, highly competitive spreads, and client-centric service philosophy, continuously driving development and innovation in the global trading industry. For more information about Aims, please visit www.aimsfx.com or follow their social media accounts on Facebook, Instagram and Tiktok. Media Contact: Benson Low, AIMS Email: media@aimsfx.com Website: www.aimsfx.com 16/01/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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WuXi XDC issues positive profit alert, to acquire BioDlink in bid to strengthen ADC CDMO lead

EQS via SeaPRwire.com / 15/01/2026 / 12:50 UTC+8 January 14, 2026 — WuXi XDC has issued a positive profit alert for fiscal 2025 and announced a cash tender offer for BioDlink, whose shares were suspended from trading at 9am on December 29 pending details of the bid. The alert underscores the ADC CRDMO leader’s strong performance: it forecasts 45% year-on-year revenue growth in 2025, alongside over 70% gross profit growth and more than 45% growth in adjusted net profit (excluding interest income and expenses). Stripping out exchange rate fluctuations, adjusted net profit growth is projected to hit 65%. A pioneer in the ADC CRDMO space, WuXi XDC has driven synergistic growth through organic expansion and strategic acquisitions amid strong business momentum. The BioDlink acquisition will boost its operational capacity in China, expand production scale, enhance support for biotech firms via value-added services, broaden its project portfolio and customer base, and reinforce its leading position in the ADC CDMO sector. "Capital for time": WuXi XDC targets CDMO capacity bottlenecks The bioconjugate drug industry has reached a commercial inflection point as clinical pipelines expand, widening the capacity gap. Public data shows 21 ADC drugs had been approved globally by end-December 2025. Emerging classes such as AOCs, RDCs and PDCs are advancing rapidly with robust late-stage pipelines, emerging as new growth drivers in biopharma. Against accelerating global bioconjugate commercialisation, insufficient capacity has become a major constraint for CDMOs. Rapid pipeline expansion and upcoming commercial demand have made "capacity delivery capability" a core competitive advantage and key metric for investors assessing CDMO growth potential. For leading CDMOs, the approach to resolving capacity bottlenecks directly shapes market influence. Building new production lines—from site selection and construction to certification—typically takes three to five years, too slow to keep pace with surging bioconjugate commercial demand. WuXi XDC’s proactive strategy of acquiring existing facilities, using efficient capital operations to capture market opportunities, stands out as optimal in the sector. The BioDlink deal aligns with this logic, enabling rapid capacity expansion via external integration and ensuring steady performance growth. Building on strengths: Tech platforms and talent drive growth WuXi XDC leads the industry with advanced conjugation and payload-linker technologies, and extensive bioconjugate drug development experience. It has rolled out innovative platforms including WuXiDARx™, dual-payload conjugation, X-LinC linker, and WuXiTecan-1/2 payload-linker technologies. To meet global customers’ diverse ordering needs and complex R&D requirements, it adopts a two-pronged "independent R&D plus external collaboration" strategy to build an integrated technology platform. This enriches technical reserves, boosts front-end R&D pipeline generation, and strengthens its R&D leadership. Talent is critical to the bioconjugate CDMO sector, but rapid industry growth has outpaced professional talent supply, a key growth constraint. WuXi XDC has long prioritised talent development; its workforce exceeded 2,600 by end-2025. The expanded professional team has formed a talent cluster, underpinning long-term growth. Riding the wave: WuXi XDC’s global capacity push Data from PharmaCube’s NextPharma shows China’s innovative drug overseas licensing transactions hit $135.655bn in 2025, including $7bn in upfront payments across 157 deals—far outstripping 2024’s $51.9bn and 94 transactions. Overseas licensing has seen explosive growth, with upfront payments and total volume at record highs. As a key bioconjugate segment, ADCs are a focus for global capital. WuXi XDC has delivered standout performance here, with steady post-listing revenue growth underscoring both the bioconjugate CDMO track’s potential and the company’s core competitiveness. Sustained business growth has made capacity expansion a key driver of high growth. By end-December 2025, WuXi XDC had worked with over 640 global customers on 252 iCMC projects. It also holds 18 PPQ projects and one commercial project, with nearly 1,000 production batches of drug substance (DS) and drug product (DP). These figures highlight strong market expansion and capacity deployment, reflecting robust demand for its services. The industry’s capacity shortage is both quantitative and structural, marked by a lack of "high-quality, integrated" capacity. Hundreds of ADCs globally are in active clinical phases, creating strong demand for commercial capacity. Meanwhile, bioconjugates’ complex production processes, high industry barriers and long supply chains have further widened the gap. Against this backdrop, WuXi XDC has established capacity in Wuxi, Jiangyin, Hefei (China) and Singapore. This global network meets global customers’ local production needs, improves operational efficiency via coordinated capacity allocation, strengthens its bioconjugate CDMO lead, and allows it to fully capture industry growth opportunities. Table: WuXi XDC’s capacity layout as of end-2025 Layout Capacity Wuxi Site XBCM1(Conjugation DS): 5-500L per batch XBCM2 L1&L2(Dual-function lines for antibody and conjugation DS): 50L to 2000L per batch for monoclonal antibody intermediates or up to 2000L of DS per batch Conjugation DP Lines: XDP1: annual capacity of 3 million vials XDP2: annual capacity of 5 million vials XDP3: annual capacity of 7 million vials XDP5: annual capacity of 12 million vials, expected to GMP release in 2027 XDP6: annual capacity of 10 million vials, expected to GMP release by late 2027 / early 2028 XPLM1 (Kilogram-scale payload-linker Line, business from former Changzhou site is being gradually transferred to Wuxi site) Singapore Site XBCM3(Dual-function line for antibody and conjugation DS): 50L to 2000L per batch for monoclonal antibody intermediates or up to 2000L of DS per batch, expected to GMP release in 2026 XBCM4(Conjugation DS): up to 500L per batch, expected to GMP release in 2026 XDP4(Conjugation DP): annual capacity of 8 million vials, expected to be operational in 2026 Jiangyin Site Integrated Commercial Manufacturing Site: serves as a nearby expansion for Wuxi site, including large-scale commercial small molecule production and conjugation production workshops. Hefei Site Non-GMP Manufacturing: Peptide annual capacity of ~600 batches, ~30kg GMP Manufacturing: Peptide annual capacity of ~200 batches, ~10kg Data source: Company filings WuXi XDC to sustain capacity expansion drive Looking ahead, WuXi XDC will continue to advance overseas capacity expansion steadily and proactively, further entrenching its global leadership in the bioconjugate CDMO sector. In September 2025, the company completed a $350m refinancing, leveraging strong performance and industry reputation. Combined with a previous $200m credit facility and operational reserves, it has built a sufficient capital pool to support global capacity expansion. Backed by solid capital and mature expansion experience, WuXi XDC will pursue overseas capacity growth at an "active yet prudent" pace. It is evaluating global expansion opportunities to optimise its production network—moves that will enable local delivery, deepen penetration in the global bioconjugate CDMO sector, and reinforce its industry lead. Outlook WuXi XDC’s accelerated capacity deployment mirrors the rapid growth of ADC and other bioconjugate industries, driving the CDMO sector into a golden growth period. Frost & Sullivan data shows the global ADC drug market reached $17.2bn in 2025, with a 30.6% compound annual growth rate (CAGR) from 2023 to 2032, and is set to exceed $115.1bn by 2032. The global ADC outsourcing market is also growing strongly, projected to hit $11bn by 2030 with a 28.4% CAGR from 2022 to 2030. High growth in both sectors offers ample room for CDMO expansion. Capacity shortages are a phased challenge in the booming bioconjugate CDMO industry, unlikely to be fully resolved short-term. Over the medium to long term, however, new capacity from leading players and rising industry concentration will ease the supply-demand imbalance. WuXi XDC’s early focus on "acquisition plus expansion"—backed by accurate industry trend judgment—has secured its edge in current capacity competition and positioned it to dominate the future bioconjugate CDMO landscape, leveraging strengths in capacity scale, technical barriers and global reach. Sources 1. Hong Kong Exchanges and Clearing (HKEX) 2. WuXi XDC 3. Frost & Sullivan 4. PharmaCube 5. Insight Database 6. WuXi XDC presentation, 2025 Jefferies London Healthcare Conference 15/01/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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PayDo Introduces Dedicated C2B Open Banking Collections Ecosystem to Revolutionize High-Volume Merchant Payments

EQS via SeaPRwire.com / 14/01/2026 / 11:38 UTC+8 PayDo launches its Dedicated C2B Open Banking Collections Ecosystem, a revolutionary platform designed for high-volume merchants. This innovation addresses operational bottlenecks by providing automated reconciliation and real-time tracking for Open Banking transactions, rendering them as reliable and scalable as traditional card payments. London, UK - January 14, 2026 - (SeaPRwire) - PayDo, a globally regulated payment ecosystem, today announced the launch of its innovative dedicated C2B Open Banking Collections Account. This new initiative is designed to transform how high-volume online businesses handle direct bank payments, effectively eliminating the operational chaos and accounting bottlenecks that have historically hindered the scalability of Open Banking. Photo Courtesy of PayDo The new solution addresses a critical market gap where traditional banking infrastructure treats Open Banking payments as generic, non-descript credit transfers. For e-commerce merchants processing thousands of daily transactions, this previously created a manual reconciliation nightmare. PayDo’s solution reimagines this relationship by providing a unique, managed account environment. Within this ecosystem, every transaction is automatically tagged, tracked, and reconciled in real-time, mirroring the efficiency and clarity of card payments while retaining the cost and speed benefits of Open Banking. “Solving fraud by introducing confirmation of payment receipt instead of initiation was the first step, but to truly unlock Open Banking for commerce, we had to solve for scale,” said Serhii Zakharov, CEO & Founder of PayDo. “Our dedicated C2B Collections Account is engineered to treat direct bank payments with the same efficiency, reporting, and reliability as traditional card acquirers. We’ve moved the needle from making Open Banking ‘possible’ to making it ‘operationally excellent’ for businesses that process millions in volume. This is how you turn a promising rail into a foundational one.” Data from early implementations highlights the system’s robust capacity, with the infrastructure engineered to process immense volumes seamlessly—transforming over 100,000 daily transactions from a logistical challenge into a manageable operational flow. This capability enables merchants to achieve faster settlement times and lower transaction costs without compromising the operational oversight necessary for large-scale commerce. Merchants and online businesses can integrate the C2B Collections Account directly into their existing payment infrastructure, thereby streamlining their reconciliation processes immediately. Visit the PayDo website (www.paydo.com) to learn more about the subject of the press release. About PayDo PayDo is a globally regulated payment ecosystem that consolidates multi-currency accounts, global acquiring, e-wallet checkout, and innovative Open Banking solutions into a single unified platform. Founded in 2017, the company provides online businesses with a comprehensive suite of financial tools designed to simplify cross-border payments and streamline operations. With a focus on transforming complex financial challenges into scalable solutions, PayDo processes over €5 billion annually. The company is recognized for its commitment to security and innovation, offering infrastructure that bridges the gap between traditional banking and modern digital commerce for clients worldwide. PayDo’s Founder and CEO Serhii Zakharov is a published fintech thought leader, Member of the Forbes Technology Council and The Payment Association’s Payment Leaders Group. Serhii has pioneered a string of groundbreaking innovations such as Non-Redirect E-Wallet, Open Banking Collections Account and many others, all part of a unique Unified Ecosystem powered by PayDo. Contact Information Organization: PayDo Contact: Artem Trofymenko Email: artem.tr@paydo.com Website: www.paydo.com 14/01/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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Mercans Launches AI-Powered Solution for Smarter Payroll

EQS via SeaPRwire.com / 14/01/2026 / 10:06 UTC+8 London, UK - January 14, 2026 - (SeaPRwire) - Payroll just became more intelligent. Mercans introduced an AI-powered payroll validation tool designed to improve accuracy, compliance, and operational efficiency. The solution transforms payroll from a routine administrative task into a strategic, insight-driven function. Unlike traditional payroll validation tools that generate generic error flags, the platform provides clear explanations and actionable guidance whenever anomalies are detected. It reviews historical payroll data to detect missing information, unexpected variances, or duplicate entries. These insights allow HR and finance teams to resolve issues quickly, saving both time and resources. Practical Intelligence for Every Payroll Cycle The platform combines artificial intelligence with rule-based validation to provide a proactive solution that integrates smoothly into existing payroll processes. Teams can anticipate potential issues and reduce operational risks before they escalate. Users receive insights in a human-readable format, keeping decisions transparent and accountable. "Our goal focuses on transforming payroll into more than an administrative function. Embedding AI into everyday processes strengthens compliance, accuracy, and operational confidence," said Tatjana Domovits, Group CEO of Mercans. Security and Global Compliance at Its Core Privacy and security guide the platform's design. It processes only anonymized identifiers and automatically scrubs sensitive information, thereby complying fully with international data protection standards. These measures enable organizations to utilize AI-driven insights while maintaining employee confidentiality. Supporting operations in over 160 countries, the system maintains consistency and regulatory compliance across regions. Automated routines and intelligent analysis reduce repetitive audits, making global payroll management more efficient. "We focused on creating AI that is transparent and actionable. Teams can see how the system reaches conclusions, giving them confidence to make informed decisions in each payroll cycle," said Oleg Denysenko, Deputy Head of Engineering. Accessible Technology for All Clients Mercans includes AI-powered payroll validation at no extra charge, reinforcing its goal of providing advanced technology to a wide audience. The tool complements the HR Blizz platform, which combines automation, analytics, and compliance to streamline global payroll operations. Integrating AI into payroll at scale allows businesses to gain deeper insights, prevent errors, and maintain compliance across international operations. The launch marks a significant milestone in payroll management, providing intelligence that enhances operational efficiency. About Mercans Mercans is a leading provider of global payroll technology and compliance solutions. The company helps multinational organizations manage payroll efficiently, accurately, and securely. With a strong focus on technology and client outcomes, Mercans continues to shape the future of payroll management. Contact Information Organization: Mercans Contact: Mohsin Khan Email:mkhan@mercans.com Website: https://mercans.com 14/01/2026 Dissemination of a Financial Press Release, transmitted by EQS News.The issuer is solely responsible for the content of this announcement.Media archive at www.todayir.com
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