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CALB (3931.HK) Achieves Mass Production Roll-off of Pioneering Aviation Battery System, Powered by Advanced R46 Cylindrical Batteries

HONG KONG, Mar 26, 2026 - (ACN Newswire) – On March 25, CALB (03931.HK) rolled off the production line of the advanced R46 cylindrical battery system at its Chengdu factory, an aviation power battery set to power the XPENG ARIDGE X3-F (Land Aircraft Carrier) flying car.

According to sources, this power battery product utilizes CALB’s recently unveiled R46 cylindrical battery system technology. Boasting an energy density of 360 Wh/kg, the battery stands as the highest-density solid-liquid hybrid cylindrical battery in the industry. It achieves an exceptional balance between high safety, high power density, and high energy density, and will be equipped in several of ARIDGE’s flying car models.

The partnership between the two parties began in 2022, with CALB assisting ARIDGE in completing the world’s maiden flight of an electric vertical take-off and landing (eVTOL) flying car. Following rigorous validation, the reliability of CALB’s battery products have been fully verified. Building on this momentum, CALB assembled a team of top researchers to focus on the next-generation advanced R46 cylindrical battery system, tasked with addressing a range of scientific and technological challenges. Furthermore, by taking the lead in collaborating with leading institutions including ARIDGE, the company has been awarded support from the National Key R&D Program Project, further positioning the technologies at the forefront of global innovation in intrinsic safety and high-specific-energy aviation power batteries. Consequently, the two parties have signed a deepened strategic cooperation agreement in April 2025, establishing an exclusive supply relationship for next-generation models.

From leading the National Key R&D Program focused on advanced R46 cylindrical battery system technology to achieving mass production of flying car batteries, CALB is accelerating its expansion into forward-looking emerging sectors. The company’s commercialization capabilities across diversified application scenarios continue to strengthen, opening new growth opportunities in the competition for next-generation energy technologies.

CALB Group Co., Ltd. https://en.calb-tech.com/ [03931.HK]

CALB (3931.HK) Announced a Positive Profit Alert

- Expecting a Significant Growth of Approximately 140% to 160% in Net Profit for the Year 2025, Significantly Outperforming Expectations

HONG KONG, Feb 28, 2026 - (ACN Newswire) – CALB Group Co., Ltd. ("CALB" or "the Company," stock code: 3931.HK) published a positive profit announcement. The Company is expected to record a net profit ranging from approximately RMB2,025 million to RMB2,193 million for the year ended 31 December 2025, representing an increase ranging from approximately 140% to 160% as compared to the net profit of RMB844 million for the same period last year. The expected growth is primarily driven by the continuous high growth of leading-edge technology products across business sectors, including passenger applications and commercial applications as well as ESS cells.

CALB stated that, the Company adheres to a dual-drive strategy focusing on EV and ESS while actively promoting its global expansion. In 2025, all business segments of the Company achieved rapid growth, with both EV and ESS businesses ranking among the global top four, continuously increasing market share, and further solidifying its position as a leading industry player. In the power battery sector, leveraging its exceptional product capabilities, CALB successfully secured orders from multiple leading international automakers and achieved remarkable growth in the high-end passenger vehicle market. Delivery volumes for commercial vehicle power batteries saw dramatic growth, significantly exceeding expectations, and the successful strategic deployment in the commercial vehicle, including heavy trucks, further strengthened the Company's competitive advantage in the market. The ESS cells sector also maintained strong momentum, with cell shipments again achieving multiple-fold growth and securing several benchmark projects in key global markets. In response to accelerating global expansion and rapidly growing customer demand, the Company has been swiftly implementing a new round of capacity planning, providing robust support for its global delivery capabilities. The substantial business expansion and the deepening of the Company's global footprint were the key drivers behind the significant revenue growth.

As a battery expert, CALB has been adhering to the philosophy of technological innovation, maintaining its leading position in both product and technology. During the year, the Company maintained its leadership in cutting-edge battery technology with the “UP” battery. Its 5C super-charged LFP battery successfully supported XPeng's entire new vehicle lineup. The 400Wh/kg semi-solid battery has entered the vehicle trial phase. The all-solid-state battery has achieved superior performance, with the commissioning of a dedicated production line. The high-power LFP R46 cylindrical cell achieved mass production for PHEV models. The 314Ah Gen2 long-cycle ESS cells, with its ultra-long service life of 15,000 cycles, has earned high recognition from global customers. The next-generation "ZHIJIU" of 588Ah and 600Ah+ large ESS cells have successfully entered the mass production stage. Concurrently, the Company has actively been exploring emerging markets. Leveraging its technological platform, CALB has achieved mass production of its high energy density, high-safety high-nickel cylindrical battery for leading eVTOL models, while simultaneously expanding the application of its all-solid-state battery into the robotics and eVTOL sectors.With a global footprint and a steadfast commitment to innovation-led growth, CALB has built an all-scenario business layout, injecting strong momentum for sustained future profit growth.

About CALB

CALB is a new energy enterprise specializing in the research, production, sales, and market application development of lithium batteries, battery management systems, and related integrated products and lithium battery materials. As Battery Expert, we aim to build a comprehensive energy operation system, to provide complete product solutions and full life-cycle management for the new energy application market, represented by power and energy storage.

Currently, CALB has completed an all-round layout in domestic by setting up industrial bases in Changzhou, Xiamen, Wuhan, Chengdu, Hefei, Jiangmen and Meishan. Meanwhile, CALB has set up bases in Europe and ASEAN, vigorously expanding the layout all over the world to become a global leading enterprise with large-scale intelligent manufacturing capabilities.

CTF Life Amplifies Ecosystem Synergy

- Expands 'Direct Billing Service' Network to Cover Public and Private Hospitals Offers Market-First Hong Kong Doctor Referral Service through 'Mainland China Inpatient Support' Service

HONG KONG, January 6, 2026 - (ACN Newswire) – CTF Life today announced the further expansion of its “Direct Billing Service” in the Greater Bay Area (GBA), increasing the number of partner hospitals to 23, covering both public and private healthcare institutions. Customers can also access the market-first^ Hong Kong doctor referral service through the “Mainland China Inpatient Support” service. Customers can consult a general practitioner at the GBAH clinic in Tsim Sha Tsui, Hong Kong to assess their eligibility for receiving treatment in the Chinese Mainland, recommend an appropriate hospital, and assist with making appointments. Clinic staff can also help to handle pre-authorisation service applications. Once approved, GBAH will arrange the necessary procedures with the hospital for direct billing, so customers do not need to pay upfront, allowing them to focus on their treatment and recovery. This initiative aims to address rising customer demand for high-quality and convenient medical services by fully leveraging the strengths of the Chow Tai Fook Group ecosystem. Through the extensive medical network of The GBA Healthcare Group (GBAH), it will offer customers who reside in the Chinese Mainland or frequently travel across the GBA with a broader range of affordable medical service options.

In response to the growing demand for Traditional Chinese Medicine (TCM) treatments, CTF Life continuously addresses evolving needs by incorporating TCM treatment coverage into multiple medical protection plans (such as “MediChamp”, “TopCare”, “FlexiCare”, “ChampCare”, and “MediCare”), giving customers the flexibility to choose the most suitable treatment. In addition, hospitals in GBA Chinese mainland cities offer integrated treatment plans combining TCM and Western medicine for chronic or complex conditions (such as cancer) at reasonable prices, providing customers with more comprehensive and personalised healthcare options. Through CTF Life’s well-established medical network, customers can conveniently access professional and integrated treatment services.

Man Kit Ip, Executive Director and Chief Executive Officer of CTF Life, said: “As integration within the GBA deepens and transportation becomes more convenient, a growing number of Hong Kong residents who live, retire in, or travel to Chinese Mainland cities are opting to receive medical treatment there. By leveraging the Chow Tai Fook Group's robust ecosystem, we have further expanded CTF Life's ‘Direct Billing Service’ hospital network in the GBA and introduced the market-first^ Hong Kong doctor referral service through the ‘Mainland China Inpatient Support’ service, freeing customers from complicated claims procedures when seeking medical care and offering them a faster, more reliable healthcare experience. We remain dedicated to providing a broader array of health and medical service options, meeting customers’ needs at different life stages and for various lifestyles, delivering comprehensive health protection and creating value beyond insurance.”

Key service enhancements include:

1. Market-First^ Hong Kong Doctor Referral Service through “Mainland China Inpatient Support” Service: Following assessment and referral by a Hong Kong doctor, GBAH will assist with booking appointments at hospitals in GBA Chinese mainland cities, submitting direct billing service applications, and arranging for hospitals to receive payment directly, relieving customers’ financial pressure.

2. Network Coverage of “Elderly Health Care Voucher Greater Bay Area Pilot Scheme”: CTF Life has established “Direct Billing Service” arrangement with multiple hospitals that are also participating in the Hong Kong Government’s “Elderly Health Care Voucher Greater Bay Area Pilot Scheme”, facilitating access for eligible customers. The service coverage spans all nine GBA Chinese mainland cities.

3. Integrated TCM and Western Medicine Treatment: For chronic or complex diseases such as cancer, these plans combine the strengths of both TCM and Western medicine to offer more comprehensive treatment options, catering to customers’ diverse needs.

4. Value-Added Services: Partner hospitals, including Shenzhen New Frontier United Family Hospital and Guangzhou United Family Hospital, use WeChat mini programmes to arrange urgent consultations, treatment follow-ups, medical report interpretations, and video consultations. Shenzhen New Frontier United Family Hospital also provides a complimentary shuttle bus service to and from Futian Port, making travel more convenient for patients.

^ As of 31 December 2025

List of Hospitals Supporting “Direct Billing Service” in GBA Chinese mainland cities (* indicates newly added)

1 Guangzhou First People's Hospital

2 Nansha Hospital of Guangzhou First People's Hospital

3 Shenzhen Bao'an People's Hospital

4 Dongguan People's Hospital

5 University of Hong Kong Shenzhen Hospital*

6 Shenzhen New Frontier United Family Hospital*

7 Guangzhou United Family Hospital*

8 Zhongshan Chen Xinghai Hospital of Integrated Traditional Chinese and Western Medicine*

9 The First Affiliated Hospital of Sun Yat-sen University (Guangzhou)*

10 Nansha Division of The First Affiliated Hospital, Sun Yat-sen University*

11 Dongguan Tung Wah Hospital*

12 Guangdong Qifu Hospital (Foshan)*

13 Guangdong Provincial Hospital of Traditional Chinese Medicine (Guangzhou)*

14 Southern Medical University Shenzhen Hospital*

15 Peking University Shenzhen Hospital*

16 The Fifth Affiliated Hospital of Sun Yat-sen University (Zhuhai)*

17 Zhuhai People's Hospital*

18 Foshan First People's Hospital*

19 The Eighth Affiliated Hospital of Southern Medical University (Foshan)*

20 Huizhou Central People's Hospital*

21 Zhongshan Traditional Chinese Medicine Hospital*

22 Jiangmen Central Hospital*

23 Zhaoqing First People's Hospital*

About CTF Life

Chow Tai Fook Life Insurance Company Limited (“CTF Life”) is proud of its rich, 40-year legacy in Hong Kong. CTF Life is a wholly-owned subsidiary of CTF Services Limited (“CTFS”) (Hong Kong Stock Code: 659) and one of the most well-established life insurance companies in Hong Kong. As a member of Chow Tai Fook Enterprises Limited, CTF Life consistently strengthens its collaboration with the Chow Tai Fook Group ecosystem to support customers and their loved ones in navigating life’s journey with personalised planning solutions, lifelong protection and diverse lifestyle experiences. By leveraging the Group’s robust financial strength and strategic investments across the globe, CTF Life aspires to become a leading insurance company in Asia while continuously creating value beyond insurance.

Metaspacex Limited Partners with Popcorn Technology to Expand into Web3.0 Digital Finance

HONG KONG, January 11, 2026 - (ACN Newswire) – Metaspacex Limited (“Metaspacex” or the “Company”, together with its subsidiaries, the “Group”; Stock Code: 1796.HK) announces that it has entered into a cooperation agreement with Popcorn Technology LLC. Pursuant to the agreement, the two parties will jointly establish a project company to develop blockchain and digital finance-related businesses, marking a significant milestone in the Group’s strategic expansion into the Web3.0 and digital asset sectors.

Through the collaboration, Metaspacex is expected to enter the high-growth digital finance sector and create new profit growth points by leveraging AI quantitative technologies and related trading platforms, while enhancing its overall competitiveness within the digital asset ecosystem. Popcorn Technology will provide the project company with a range of technologies and professional services for the clients, including the development of a public blockchain, a digital wallet, a blockchain explorer and a cryptocurrency trading platform, as well as consultancy services regarding obtaining a cryptocurrency exchange license.

In recent years, Metaspacex has actively explored opportunities in emerging technologies such as AI and blockchain, with a focus on diversifying its business and creating long-term value for shareholders. The Board believes that the deep integration of digital and virtual currencies with financial technology is becoming an important trend in global financial markets. The cooperation is closely aligned with the Group’s strategy to promote business diversification and advance its Web3.0 digital finance initiatives.

About Metaspacex Limited

Metaspacex Limited was listed on the Hong Kong Stock Exchange in 2018. The Company has consistently focused on the fields of digital transformation, intelligent solutions, and renovation services. The Company is committed to driving industrial upgrading through the application of cutting-edge technologies such as Virtual Reality (VR), Augmented Reality (AR), Artificial Intelligence (AI), and blockchain, providing technology research and development, as well as system integration services for industries including energy, smart cities, industrial, and healthcare. By doing so, the Company helps enterprises reduce costs, enhance efficiency, and redefine the metaverse experience. In recent years, the Company has actively explored business opportunities in emerging areas such as Web3.0 and new energy, maintaining strategic flexibility to seize growth opportunities in a constantly changing market environment and achieve synergistic development across different sectors.

Visit https://www.metaspacex.hk/en/about.php.

Iluvatar CoreX Soars by 31.54% in Trading Debut: 'Genuine Leader' of Domestic AI Computing Power Chips Emerges

HONG KONG, January 8, 2026 - (ACN Newswire) – On January 8, Shanghai Iluvatar CoreX Semiconductor Co., Ltd. (“Iluvatar CoreX”, stock code: 9903.HK), the highly anticipated Chinese GPGPU chip design company, officially commenced trading on the Main Board of the Hong Kong Stock Exchange. The stock surged over 31.54% at the opening bell, propelling its market capitalization past the HK$ 48.37 billion threshold.

The impressive first-day performance not only validated the market's strong expectations for the substitution of domestic computing power but also highlighted the robust investment value of Iluvatar CoreX, serving as the “computing power chip backbone” for domestic large models. As a scarce GPGPU stock in Hong Kong's equity market, Iluvatar CoreX has emerged as the most definitive core investee amid the AI investment boom by virtue of its lucid business logic and solid commercialization achievements, offering an optimal timing window for investors to position themselves within the domestic high-end computing power sector.

Full-stack technological upgrades solidify the computing power foundation for domestic large models

At the pivotal juncture where AI large models transition from technical validation to scaled deployment, the technical maturity and consistency of supply of GPGPU directly determine the pace and penetration of industrial implementation. Through its fully-stack self-developed technology path and continuously evolving GPGPU architecture, Iluvatar CoreX has emerged as the most dependable “computing power chip backbone” for domestic large models, breaking the monopoly held by international giants in the high-end computing power sector.

As the China’s first company to achieve mass production of GPGPU chips for both training and inference, Iluvatar CoreX has established a product ecosystem spanning the entire lifecycle of large models: the “TG” series training chips prioritizes massive data processing and model training, addressing the high-intensity computing demands of large-scale parameter models; while the “ZK” series inference chips are optimized for deployment scenarios and address inference-specific requirements such as low latency, high throughput, and optimal power efficiency, delivering excellent performance-to-cost ratio for large language model inference tasks. Crucially, adhering to the "hardware-software integration” philosophy, Iluvatar CoreX has independently developed a software stack that ensures full compatibility with mainstream GPGPU programming ecosystem and platform, thereby significantly reducing customer migration costs.

Through three generations of GPGPU architectural iterations and progressive software stack enhancement, Iluvatar CoreX has achieved steady advancement in computing performance, ecosystem compatibility, and adaptability across diverse application scenarios, positioning itself as a genuine technology-driven enterprise rather than a “concept company” reliant on policy incentives. As domestic large models transition from technical validation to in-depth industry integration and scaled deployment, the demand for a high-performance, cost-effective, and consistently supplied domestic computing backbone is poised for explosive growth. Leveraging its first-mover advantage in mass production, proven product reliability through bulk deployment, and extensive hardware/software ecosystem compatibility, Iluvatar CoreX has become a serious option for numerous technology giants and industry leaders pursuing computing autonomy.

With a lucid business logic, Iluvatar CoreX stands as the most robust AI computing chip enterprise

Amidst the AI chip industry’s prevailing challenges of “splashing the cash with narrow profitability”, Iluvatar CoreX has charted a healthy trajectory of “technology implementation - scaled monetization - sustained growth” by virtue of its lucid business logic, establishing itself as the computing chip enterprise with the most solid capabilities for sustainable development in China.

Unlike business models that rely heavily on government subsidies, research projects, or single demonstration orders, Iluvatar CoreX rapidly penetrated the market by leveraging its products’ advantages of enhanced efficiency, strong adaptability and high portability, with its customer base directly anchored to the most authentic and sustainable demand sources within the AI industry: cloud service providers, large data centers, and leading government and enterprise clients. The core procurement logic for these clients is acquiring continuous, stable, and scalable computing to support their massive AI training and inference operations. This generates predictable bulk orders and sustained repurchase potential for Iluvatar CoreX, aligning its revenue characteristics with rigid infrastructure investments, which forms a sustainable business model closely aligned with “directly delivering computing value”. From an investment perspective, Iluvatar CoreX’s business trajectory offers greater clarity and stronger cash flow visibility.

Meanwhile, Iluvatar CoreX maintains an efficient and controlled pace in its R&D investments. Based on publicly available financial data, the “R&D expense/revenue” ratio of Iluvatar CoreX ranges between approximately 80% and 120%, representing the lowest level among comparable peers. This healthy return on investment ensures continuous technological iteration while avoiding operational pressures from reckless spending, which effectively reduces the risk of the Company being forced into strategic compromises or marginalized due to the pressure on the capital chain. Market analysis widely recognizes Iluvatar CoreX as the most likely enterprise to maintain its independent leadership position in long-term competition through its self-sustaining capabilities and technological accumulation.

Performance continues to improve with promising growth prospects

Solid business logic brings impressive performance. As of June 2025, Iluvatar CoreX had cumulatively shipped over 52,000 units of GPGPU products, served over 290 cross-sector customers, and completed over 900 deployments and applications in essential sectors including financial services, healthcare and transportation. Revenue scale has experienced explosive growth, surging from RMB189 million in 2022 to RMB540 million in 2024, representing a compound annual growth rate of 68.8%. Revenue further increased by 64.2% to RMB324 million in the first half of 2025.

What is even more noteworthy is its high-quality profit structure. In 2024, the gross margin for the Company’s GPGPU products reached 56.6%, and the overall gross margin remained at a high level of 50.1% in the first half of 2025. This data fully demonstrates that the Company’s products have gained genuine market recognition through technological premium pricing rather than relying on low-price competition, laying a solid foundation for long-term sustainable growth.

The impressive performance of Iluvatar CoreX on its first day of listing represents the market’s “vote” for its solid accumulation over the past years and its core position in the golden track of AI computing. It has demonstrated its profit-making capability through clear business logic and its spending efficiency through healthy financial indicators. As AI investment transitions from conceptual phase to performance validation, companies like Iluvatar CoreX possessing technical hard power, genuine commercial momentum, and financial stability are poised to consistently deliver growth value amid the dual waves of AI technological revolution and domestic substitution.

Hall Chadwick to Convene Invitation-Only Capital Access Forum for APAC Corporates Exploring Global Capital Pathways

- Singapore | 10-11 March 2026 | Capella Singapore - Golf Day: 9 March 2026

Australia, Hong Kong, Singapore January 8, 2026 - (ACN Newswire) – Hall Chadwick, the leading Australian-founded professional services firm with a 138-year legacy, will host an invitation-only investment forum in Singapore in March 2026, bringing together senior corporate leaders, global capital markets advisers and institutional investors to examine how Asia-Pacific companies can navigate evolving global capital markets and access deeper pools of capital, liquidity and strategic partners.

The two-day forum will be held at Capella Singapore on 10–11 March 2026, with a private golf day on 9 March. The event will feature keynote addresses and panels from senior representatives of NASDAQ, leading global investors and capital markets specialists, alongside keynote speaker Donald Trump Jr., Executive Vice President of The Trump Organization.

The forum is convened by Hall Chadwick, with Cohen & Company Capital Markets (CCM) participating as an anchor sponsor and contributor to the program. CCM is a highly active adviser in the Special Purpose Acquisition Company (SPAC) and de-SPAC space, and will share practical insights alongside other market participants, drawing on recent transaction experience including the HCAC transaction that culminated in a NASDAQ bell-ringing ceremony.

Key Event Details (at a glance)

Dates & Venue - 10–11 March 2026 — Capella Singapore - Golf Day: 9 March 2026

Format - Invitation-only forum - Pre-arranged one-on-one corporate and investor meetings - Panels, closed-door roundtables and networking sessions

Keynote Speaker - Donald Trump Jr., Executive Vice President, The Trump Organization

Participants - NASDAQ leadership - Institutional investors and global funds - Capital markets advisers and transaction specialists

A defining moment for global capital and supply chains

Global capital markets are at an inflection point. Shifting interest-rate cycles, tighter capital conditions and heightened regulatory scrutiny are reshaping how and where companies raise capital. At the same time, supply chains in critical minerals, energy, technology and advanced manufacturing are being re-evaluated, creating new demands for scale, transparency and long-term institutional support.

For Asia-Pacific corporates, these dynamics are driving a reassessment of capital strategy. Domestic markets remain important, but increasingly, companies are exploring international capital options to support growth, liquidity events, cross-border acquisitions and strategic partnerships. The U.S. capital markets, with their depth, institutional reach and sector specialisation, continue to play a central role in that global ecosystem.

Capital optionality becomes a strategic advantage for APAC corporates

For companies operating across the Asia-Pacific region, engagement with international capital markets is rarely a binary decision. Geopolitical complexity, regulatory considerations and investor perception all influence how boards and management teams approach global expansion and funding strategies.

In this environment, optionality matters. Understanding how different capital structures work, how timing and jurisdictional considerations affect outcomes, and how investor expectations vary across markets enables corporates to prepare strategically, even if execution occurs later or through alternative pathways.

Hall Chadwick’s Singapore Forum is designed to provide insight and perspective, enabling corporates to assess structures, partnerships and timing without presupposing outcomes or commitments.

From strategy to execution: a forum designed for decision-makers

Unlike large public conferences, Hall Chadwick’s Capital Access Forum 2026 is intentionally limited in size and highly curated. Each participating corporate will receive one to two private, pre-arranged meetings with financiers, sponsors and advisers aligned to their sector and strategic objectives.

The agenda is built around execution-level discussion, covering:

- SPAC and IPO pathways in current market conditions - Cross-border M&A and strategic partnerships - Regulatory frameworks and listing considerations - Institutional investor expectations and capital deployment trends - Sector-specific dynamics across critical minerals, AI, technology, energy and infrastructure

The emphasis is on practical insight: what works, what does not, and how successful transactions are being structured in today’s market.

Perspectives from global capital market leaders

A key highlight of the forum is the keynote address by Donald Trump Jr., Executive Vice President of The Trump Organization. With extensive experience in large-scale real estate, corporate development and international expansion, he brings a commercial perspective on navigating market cycles, unlocking growth opportunities and engaging global capital platforms.

The program will also feature senior leadership from NASDAQ, offering insight into U.S. public markets, listing considerations and sector trends, alongside institutional investors and global funds actively deploying capital.

Convening at the intersection of capital, strategy and execution

Hall Chadwick’s decision to convene the Singapore Forum reflects its evolution into a global corporate advisory platform operating at the intersection of capital, strategy and execution.

Founded more than 138 years ago as a chartered accounting firm, Hall Chadwick has expanded well beyond its traditional accounting heritage to integrate global capital markets expertise. Today, the firm advises corporates on complex cross-border transactions, U.S. public listings and SPAC structures, working alongside specialist partners to deliver end-to-end outcomes.

The forum provides a live demonstration of this model in practice, including insights drawn from Hall Chadwick’s recent HCAC transaction, which delivered a four-times return and culminated in a NASDAQ bell-ringing ceremony.

Reflecting the Forum’s focus on global capital connectivity and institutional engagement, Donald Trump Jr., Executive Vice President of The Trump Organization and the Forum’s keynote speaker, said: “I look forward to joining top industry leaders, financiers, strategic partners, and market specialists in Singapore this spring.”

Kayla Hardy, Partner of Hall Chadwick (Hong Kong), said: “Global capital markets are becoming more complex, more selective and more interconnected. This forum is about giving corporate leaders clarity; not just on the opportunities, but on the structures, timing and execution required to access them responsibly. Singapore provides a neutral platform for those conversations, and we are pleased to bring together market leaders to share practical insight drawn from real transactions.”

Who the forum is designed for

The forum is designed for senior decision-makers, including:

- CEOs, CFOs and corporate development leaders - Corporate executives across mining, resources, energy, technology, infrastructure and manufacturing - Investment firms, funds, family offices and financial services executives - Companies exploring international capital markets, strategic partnerships or liquidity events

Attendance is by invitation only, with participation capped to ensure meaningful engagement.

For companies not initially included on the invitation list, a limited opportunity is available to submit an expression of interest for consideration, subject to review and availability. Requests must be submitted by 5.00pm on 28 January 2026.

Registration and enquiries

Corporate attendees who receive an invitation may register via the exclusive Eventbrite link provided in their invitation package.

Investors who have received an invitation, or who wish to enquire about participation, may contact:

Kristina Khlopunova [email protected]

Media enquiries: Hall Chadwick Mike Willesee [email protected]

Financial & Corporate Relations Pty Ltd. Maggie Au [email protected]

Iluvatar CoreX's Hong Kong IPO: Hardcore Breakthrough Battle of China's General-Purpose GPU 'Leader'

HONG KONG, December 31, 2025 - (ACN Newswire) – As AI computing power becomes the core battleground in global technological competition, China's homegrown general-purpose GPU is poised for a pivotal leap in the capital markets. On December 30, Shanghai Iluvatar CoreX Semiconductor Co., Ltd. ("Iluvatar CoreX", stock code: 9903.HK), the domestic leader in the general-purpose GPU sector, commenced its Hong Kong IPO. The company intends to offer 25.43 million shares globally at an offer price of HK$144.6 per share, with each lot comprising 100 H shares. It is expected to list on the Hong Kong Stock Exchange on January 8.

Amidst an industry climate characterised by capital enthusiasm and concept-driven momentum, Iluvatar CoreX has focused on refining its products and pursuing genuine commercialisation. Leveraging its deep technological expertise and robust commercial capabilities, it has quietly emerged as a leader in China's general-purpose GPU sector, setting multiple industry milestones: China's first company to achieve mass production of inference general-purpose GPU chips, and the first to mass-produce training general-purpose GPU chips, while also being the first Chinese enterprise to reach this milestone using advanced 7nm process technology.

Four Generations of Architecture Iteration, Defining the "User-Friendly" Domestic General-Purpose GPU

Iluvatar CoreX's competitive advantage rests upon two cornerstones: "complete autonomy" and "deep iteration".

Since commencing general-purpose GPU design in 2018, the company has steadfastly adhered to its R&D strategy of "one in mass production, one in design, and one in pre-research", dedicating substantial resources to tackling core technological challenges. As of June 30, 2025, Iluvatar CoreX has established an R&D team exceeding 480 professionals, with over one-third possessing more than ten years' experience in chip design and software development. This forms a robust foundation for continuous product iteration and enhancement.

In its technical approach, Iluvatar CoreX has eschewed "partial substitution" or "assembly-style" solutions. Instead, centering on the core capabilities of general-purpose GPU and the fundamental philosophy of hardware-software co-design, it has achieved full-stack in-house development, from underlying instruction sets and chip architectures to foundational software stacks. This has fostered a highly synergistic technological ecosystem, endowing it with the flexible adaptation capability of "software-defined hardware". This ensures its products deliver performance optimisation while maintaining flexibility and compatibility required for complex AI deployments.

Through continuous technological advancement, Iluvatar CoreX has completed three generations of general-purpose GPU architecture iterations, persistently driving hardware design and software performance optimisation. This positions it as China's enterprise with the most frequent and profound iterations in the general-purpose GPU sector. Such deep iteration not only delivers sustained performance gains but also achieves high compatibility with global mainstream general-purpose GPU programming ecosystems and platforms. For customers, this means minimal code modification when migrating existing AI applications to Iluvatar CoreX’s platform, offering an almost "out-of-the-box" experience that substantially lowers migration barriers and risks. This relentless pursuit of ecosystem compatibility and customer experience forms the bedrock of its commercial success.

Full-Scene Penetration: Capturing Market Share in Domestic Substitution

Leveraging these architectural advantages, Iluvatar CoreX has progressively established a market perception of being "user-friendly, durable, and sustainable", securing a first-mover advantage in its commercialisation drive. Since launching the Tiange Gen 1 in March 2021, the company has successfully brought three generations of architecture into mass production. Its products and solutions have rapidly penetrated critical sectors, including financial services, healthcare, and transportation, achieving over 900 deployments and applications that demonstrate exceptional scenario adaptability.

Concurrently, adhering to the industry philosophy of "cooperation over competition", Iluvatar CoreX collaborates with peers, universities, and research institutions to jointly build a domestic computing power ecosystem. This approach avoids homogenisation and internal friction while collectively advancing market acceptance of domestic general-purpose GPU, accelerating industry penetration of its products.

Data indicates that Iluvatar CoreX's general-purpose GPU products shipment volume has grown steadily from 7,800 units in 2022 to 16,800 units in 2024, reaching 15,700 units in the first half of 2025. This sustained increase in market penetration fully validates the market recognition and competitiveness of its products. As of June 30, 2025, the company has delivered over 52,000 units of general-purpose GPU products to more than 290 clients across diverse industries, securing a leading position within the domestic sector in terms of both industry coverage and application breadth.

According to Frost & Sullivan, China's general-purpose GPU market is experiencing explosive growth, with shipments achieving a compound annual growth rate (CAGR) of 72.8% from 2022 to 2024, reaching 1.6 million units in 2024. As the domestic substitution process accelerates, the market share of domestic general-purpose GPU products has risen from 8.3% in 2022 to 17.4% in 2024, and is projected to exceed 50% by 2029. As a rare target in the domestic general-purpose GPU sector, Iluvatar CoreX benefits from the national strategy of self-reliant computing power substitution, coupled with the industry dividend from the global surge in computing demand, presenting a clear growth trajectory.

The decision to launch its IPO in Hong Kong is a strategic move by Iluvatar CoreX to connect with global capital and advance into the international market, further underscoring its long-term vision as the "first domestic player" in the general-purpose GPU arena. Compared to the A-share market, the Hong Kong stock exchange, as an international capital market, not only offers a more accommodating valuation environment for semiconductor companies with substantial R&D expenditure and extended growth cycles but also facilitates access to global industrial chain resources, laying the groundwork for future international expansion.

The company's products have already established a differentiated competitive advantage in the domestic market. In the future, leveraging the international platform of the Hong Kong stock market, it is well-positioned to introduce its self-developed general-purpose GPU products to the global market and capture a greater share in the ongoing restructuring of the worldwide computing power landscape. For investors, this IPO presents a rare opportunity to position themselves within China's high-end computing power sector. With capital empowerment and technological iteration, Iluvatar CoreX will continue to write a new chapter in the development of China's general-purpose GPU industry.

Geekplus approaches Unlocking, Major Cornerstone Investors such as Xiongan Fund Commit to Holding Shares

HONG KONG, January 5, 2026 - (ACN Newswire) – As the “world’s first listed warehouse robotics company”, Geekplus (2590.HK) will embark on its first unlocking period after listing on January 9. The unlocking applies to cornerstone investors, while the lock-up period for existing shareholders will expire in July 2026. In response to the unlocking, cornerstone investors such as Xiongan Fund have expressed that they will not rush to reduce their holdings due to the unlocking and will continue to support the company’s long-term development.

It is noteworthy that Geekplus recently relocated its headquarters to Xiong’an, deeply integrating into the robotics industry ecosystem of Xiong’an New Area and injecting strong momentum into the innovative development of the robotics industry. As Geekplus’s largest cornerstone investor, Zhang Le, general manager of Xiongan Fund, stated that the robotics industry is currently accelerating its intelligent transformation, with the global robotics sector entering a period of rapid development opportunities. Xiong’an New Area is actively positioning itself to develop the robotics industry, foster new quality productive forces, and strive to build itself into a hub of innovation and entrepreneurship for the new era.

“Geekplus serves as a strategic anchor in the robotics industry layout of Xiong’an New Area, having not only built formidable technical barriers but also established a mature and replicable commercialization model, with its global market expansion achievements widely recognized. In alignment with long-term vision of building a robotics innovation hub in Xiong’an New Area, we remain highly confident in Geekplus’s growth prospects and long-term value. The unlocking does not alter our commitment to long-term holding. As a leading AI+ robotics enterprise, Geekplus is poised to play a pioneering role in the global industrial intelligent transformation and the wave of embodied intelligence, with its long-term value set to materialize alongside industrial evolution. We hold full confidence in this trajectory”.

Imminent inclusion in the Southbound Trading is set to boost both market confidence and liquidity

Beyond the confidence from cornerstone investors, capital market recognition of Geekplus continues to grow. On December 8, Geekplus was officially included as a constituent stock of the Hang Seng Composite Index, becoming one of only two robotics hardware companies in the Hong Kong stock market included in the index. Inclusion in the Hang Seng Composite Index signifies that the company meets higher market standards in terms of market capitalization and liquidity, which will help attract more passive funds and lead to a significant boost in liquidity. In addition, this also means that Geekplus will subsequently enter the Southbound Trading on February 6, attracting greater participation from Mainland China investors and further enhancing the company’s stock price and valuation.

Industry analysis points out that the cornerstone investors’ clear commitment to not selling their shares has laid a solid foundation of confidence for a smooth transition through the unlocking period. This, combined with the positive expectation that the company is likely to be included in the Southbound Trading next month, creates a dual positive signal, jointly providing strong support for stabilizing the company’s stock price and valuation.

Embodied Intelligence takes a major leap forward as general-purpose warehouse robots prepare to make their debut

The confidence expressed by the capital market is rooted in Geekplus’s persistent dedication to its core technologies and its forward-looking strategic initiatives. In terms of technological innovation, Geekplus has adopted a unique “scenario-first” approach, securing a first-mover advantage in the field of Embodied Intelligence for warehouse automation. In July 2025, Geekplus established a subsidiary dedicated to embodied intelligence, and launched a general robotic arm operation technology solution, the Geek+ Brain, an embodied intelligence base model designed specifically for warehousing scenarios, as well as an embodied intelligence unmanned picking workstation and the industry’s first fully unmanned picking robot solution, which successfully solved the challenge of accurate picking of ultra-large-scale product SKUs, propelling intelligent warehousing from “partial intelligence” toward “full-process intelligence”, while raising the standard and feasibility of fully unmanned warehouses to new heights.

With the implementation of full-process unmanned picking, the company continues to intensify its investment in technological research and development. It is reported that the company’s self-developed general-purpose warehouse robots are expected to be officially launched in the near future.

With high growth in performance and seven consecutive years as market leader, commercialization and globalization drive long-term value

The company’s strong performance momentum, solid commercialization results, and leading global market position have also earned significant recognition from the capital market.

In terms of performance, Geekplus demonstrates robust growth momentum and continues to maintain its position as the company with the “largest revenue scale and strongest profitability” in the Hong Kong-listed robotics sector, leading the ToB intelligent robotics field. In the first half of 2025, the company achieved revenue of RMB1.025 billion, representing a year-on-year increase of 31%. Revenue from overseas markets amounted to RMB815 million, accounting for nearly 80% of total revenue; gross profit grew by 43.1% year-on-year to RMB360 million, while adjusted EBITDA turned positive for the first time, and the net loss narrowed significantly by 94%, approaching a profitability inflection point. The company is poised to become one of the first profitable robotics companies listed in Hong Kong. Additionally, Geekplus secured new orders worth RMB1.76 billion in the first half of the year, up 30.1% year-on-year, including several orders exceeding RMB100 million, which strongly validates Geekplus’s clear path to profitability, along with the sustainability and high-growth potential of its business, positioning the company firmly on the fast track of commercialization.

The impressive performance stems from the significant success of Geekplus’s global expansion strategy, as the company maintains its leading position in the global AMR market, fully unleashing its profit potential. According to data from the authoritative market research firm Interact Analysis in its 2025 Mobile Robot Market Report, Geekplus has ranked first in global market share for autonomous mobile robots (AMR) for seven consecutive years. The company operates in over 40 countries and regions worldwide. As of June 30, 2025, Geekplus has cumulatively delivered more than 66,000 robots and serves over 850 end customers, including more than 65 Forbes Global 500 companies, with a customer repurchase rate exceeding 80%. This indicates that the company’s products are gradually becoming core infrastructure within global supply chain systems.

From an industry perspective, the global AMR solution market exhibits strong growth momentum. According to forecasts by CIC Consulting, the market is expected to expand at a compound annual growth rate of 33% from 2024 to 2029, with its scale projected to exceed RMB162 billion by 2029. At the same time, the penetration rate of AMR solution in warehouse automation has significantly increased to 20.2%, providing a solid foundation for Geekplus’s growth in the high-potential sector.

In conclusion, Geekplus possesses a leading industry position, a mature business model, and an increasingly clear path to profitability, all supported by steadfast confidence from its cornerstone investors. With the continuous strengthening of its fundamentals and the sustained positive outlook of the industry, the certainty of its growth prospects is further reinforced.

Ev Dynamics Enters into Strategic Cooperation with Xinjiang Huiyi New Energy, Jointly Building an Efficient, Green and Intelligent New Energy Bulk Logistics Transportation System

- Aligning with the National Strategic Opportunities of 'Xinjiang Coal Outbound Transport' and the Western Development Strategy

HONG KONG, January 2, 2026 - (ACN Newswire) – Ev Dynamics (Holdings) Limited (the “Company”, stock code: 476.HK, together with its subsidiaries, the “Group”) is pleased to announce that Zhongtong Kinetic Energy (Hangzhou) Technology Co., Ltd. (“Zhongtong Kinetic Energy” or the “Company”), the Group’s China operating headquarters platform, has entered into a Strategic Cooperation Framework Agreement with Xinjiang Huiyi New Energy Co., Ltd.(“Xinjiang Huiyi New Energy”), a subsidiary of SANY Group recently. Leveraging their respective complementary strengths and resources in their respective fields, both parties will establish a long-term strategic partnership to jointly develop and build an efficient, green and intelligent new energy bulk logistics transportation system. Following consultations, the cooperation will be carried out on a deep and long-term basis across multiple dimensions, including business resource sharing, new energy vehicle procurement, joint operations management, construction and investment in charging and battery swapping infrastructure, and intelligent vehicle management and operations systems.

According to the framework agreement, the two parties will, within their respective business domains—such as demand for new energy transport vehicles, operation of new energy transportation equipment, and investment and construction of battery swapping infrastructure—achieve information exchange and resource sharing, jointly explore market opportunities, share tendering information, and give priority to selecting each other as joint investors or subcontractors. The specific allocation of rights, responsibilities and benefits shall be agreed separately.

The two parties will also cooperate in new energy vehicle procurement and joint operations management. For example, Xinjiang Huiyi New Energy will ensure the provision of market-competitive pricing structures and technical assurance solutions, while Zhongtong Kinetic Energy, under the same conditions, will give priority to procuring new energy transportation vehicles (such as electric heavy trucks and construction machinery) from SANY Group, the parent company of Xinjiang Huiyi New Energy. Xinjiang Huiyi New Energy will provide Zhongtong Kinetic Energy with end-to-end technical support for the relevant vehicle equipment, covering the entire process from model selection and configuration, delivery and acceptance, to maintenance and upgrades, and will share SANY Group’s after-sales service network resources in Northwest China. Zhongtong Kinetic Energy commits to giving priority to Xinjiang Huiyi New Energy as a joint operations partner, under which Xinjiang Huiyi New Energy will carry out professionalised operational management of the vehicle equipment. In addition, the two parties will jointly assess the charging and battery swapping station construction requirements in Hami, Xinjiang and surrounding areas, and Xinjiang Huiyi New Energy will open its existing charging and battery swapping resources to provide energy replenishment services for the Company’s project equipment.

Mr. Zeng Yan, Chief Executive Officer of the Group, said: “We are very pleased to establish this strategic partnership with Xinjiang Huiyi New Energy, a subsidiary of SANY Group. This cooperation represents strong recognition of our business upgrade and of the Group’s ongoing efforts to build and deliver a comprehensive green mobility ecosystem that integrates vehicle procurement, operations management, charging and battery swapping services, and route-based carbon emission management. As we precisely position ourselves within the national strategic logistics corridor of ‘Xinjiang Coal Outbound Transport’, the Group’s electric heavy truck solutions, as a disruptive innovation tailored to this specific scenario, are transforming our previous one-off vehicle sales model into a recurring revenue structure centred on ‘vehicle operations and energy services’. We believe that this cooperation will further support the Group’s future expansion in Xinjiang-related regions by deepening the deployment of the ‘Transport as a Service’ (TaaS) model—a green transportation service model charged by mileage or ton-kilometer, under which customers can enjoy zero-emission transportation without bearing high upfront vehicle purchase costs or technological risks—thereby unlocking sustainable logistics solution opportunities.”

He added: “In addition, the Group has previously entered into three legally binding long-term operational agreements with subsidiaries of a state-owned enterprise for the supply and operation of electric vehicles for coal transportation. We believe that this strategic cooperation with Xinjiang Huiyi New Energy will further strengthen the foundation for us to provide greener and more efficient bulk logistics transportation systems to existing customers and other potential customers going forward.”

About Sany Group and Xinjiang Huiyi New Energy Co., Ltd

Sany Group is a global leading manufacturer of construction machinery, with business segments covering concrete machinery, excavation machinery, hoisting machinery, road construction machinery, piling machinery, wind power equipment, port machinery, petroleum equipment, coal mining equipment and others. Its listed subsidiaries includes Sany Heavy Industry (600031.SH), Sany International (00631.HK), and Sany Renewable Energy (688349.SH).

Xinjiang Huiyi New Energy Co., Ltd. is a controlling subsidiary of Sany Group, focusing on the operation of new energy commercial vehicles and charging–swapping stations. The company is located in Naomahu Town, Yiwu County, Hami City, Xinjiang. It is the first large-scale logistics enterprise in Hami City that integrates new energy electric tractors with intelligent, unmanned charging and battery-swapping stations.

About Ev Dynamics (Holdings) Limited

Guided by its mission to ‘revolutionise transportation’, Ev Dynamics is evolving from a pioneer in the global new energy commercial vehicle market into an integrated solution provider of ‘new energy transport vehicles + energy infrastructure’. The Group has supported electrification across multiple countries and cities worldwide. In addition to the development and production of electric vehicles, including electric buses and purpose-built electric vehicles, the Group has expanded into integrated e-Mobility Solutions, offering in the PRC a comprehensive ecosystem that combines vehicle supply, operations, and value-added services such as charging infrastructure deployment.

For more information, please visit: https://evdynamics.com/zh-hant/

Media Enquiries

LBS Communications Consulting Limited

Joanne Chan)

(852) 3679 3671

[email protected]

Jason Ho)

[email protected]

Saat & Saat Acquires Turkish Apparel Leader Aydinli Group, Expanding U.S. Polo Assn. Markets Across Turkey, the Middle East, Eastern Europe, and North Africa

WEST PALM BEACH, FL AND ISTANBUL, TURKEY , Dec 22, 2025 - (ACN Newswire) - USPA Global is pleased to announce the acquisition of Aydinli Hazir Giyim San. Tic. A.S. (Aydinli Group) by HRK Holding A.S. (Saat & Saat). Both entities are licensing partners of U.S. Polo Assn., which is USPA Global's multi-billion-dollar sports brand and the official brand of the United States Polo Association (USPA). As one of the brand's largest partners, the acquisition of Aydinli provides access to more than 50 countries across Turkey, the Middle East, Eastern Europe, and North Africa.

With this acquisition of Aydinli, Saat & Saat is expanding the company's regional portfolio alongside its very successful watch business by entering the global apparel industry. With more than nearly 450 U.S. Polo Assn. stores and multiple branded digital sites, U.S. Polo Assn. will continue its record growth. Aydinli is currently one of the leading retail powerhouses in the region, with significant growth potential and a well-established sales network spanning monobrand stores, department stores, and e-commerce channels.

"We would like to congratulate Ramazan Kaya, as Founder and CEO of Saat & Saat, on the recent acquisition of Aydinli," stated J. Michael Prince, President and CEO of USPA Global, who globally manages the U.S. Polo Assn. brand worldwide. "As a long-time partner of U.S. Polo Assn., we believe this strategic transition will provide our global sports brand the opportunity to elevate and expand our business, targeting $1 billion in retail sales across the region in the coming years."

"I would also like to personally thank Mr. Seref Safa, Past Chairman of Aydinli, for his leadership and TMSF for their support over the years. Together, we built a strong foundation that will lead to a bright future," Prince added.

Following the successful closing process, Ramazan Kaya, CEO of Saat & Saat, will serve as CEO of Aydinli Group.

"We're proud to take this important step in our long-standing partnership with U.S. Polo Assn., expanding and strengthening our presence in one of the most dynamic retail markets in the world," said Kaya. "This acquisition allows us to accelerate growth, enhance our capabilities, and position both our company and the brand for a powerful next phase in Turkey, the Middle East, Eastern Europe, and North Africa."

"This milestone reflects our shared vision with U.S. Polo Assn. - to elevate an iconic global brand while continuing to innovate and inspire through the lifestyle it represents. The Team at Saat & Saat is energized by the opportunity to shape the future together," Kaya added.

The partnership with Aydinli and U.S. Polo Assn. began in 1997, with accelerated growth across the region for nearly 30 years. Among the partnerships, many successes in Istanbul's flagship Istinye Park U.S. Polo Assn. store, completed by Aydinli in 2024. Further, U.S. Polo Assn. has launched nearly a dozen brand-specific websites in the region to enhance digital offerings for customers further and provide easier access to its product offerings, with early results exceeding expectations, reinforcing the authentic connection between the sport and the brand.

As one of Turkey and the Middle East's leading casualwear power brands, U.S. Polo Assn. has a retail footprint of more than 1,500 points of sale across more than 50 countries in Turkey, the Middle East, Eastern Europe, and North Africa. With Turkey and the Middle East being one of the global, multi-billion-dollar sports brand's largest markets, the expectation is that U.S. Polo Assn. will be a billion-dollar brand in this region in the coming years. Globally, the U.S. Polo Assn. brand is in 190 countries and has global retail sales of more than $2.5 billion.

U.S. Polo Assn. Global Fall 2025 CollectionRamazan Kaya, Founder and CEO of Saat & SaatU.S. Polo Assn. Storefront in Istinye Park, Istanbul, Turkey

About U.S. Polo Assn. and USPA Global

U.S. Polo Assn. is the official sports brand of the United States Polo Association (USPA), the governing body of the sport in the United States, founded in 1890 and based at the USPA National Polo Center (NPC) in Wellington, Florida. This year, U.S. Polo Assn. celebrates 135 years of sports inspiration alongside the USPA. With a multi-billion-dollar global footprint and worldwide distribution through more than 1,200 U.S. Polo Assn. retail stores as well as thousands of additional points of distribution, U.S. Polo Assn. offers apparel, accessories, and footwear for men, women, and children in more than 190 countries worldwide.

The brand sponsors major polo events around the world, including the U.S. Open Polo Championship®, held annually at NPC in The Palm Beaches, the premier polo tournament in the United States. Historic deals with ESPN in the United States, TNT and Eurosport in Europe, and Star Sports in India now broadcast several of the premier polo championships in the world, sponsored by U.S. Polo Assn., making the thrilling sport accessible to millions of sports fans globally for the very first time.

U.S. Polo Assn. has consistently been named one of the top global sports licensors in the world alongside the NFL, PGA Tour, and Formula 1, according to License Global. In addition, the sport-inspired brand is being recognized internationally with awards for global growth. Due to its tremendous success as a global brand, U.S. Polo Assn. has been featured in Forbes, Fortune, Modern Retail, and GQ as well as on Yahoo Finance and Bloomberg, among many other noteworthy media sources around the world. For more information, visit uspoloassnglobal.com and follow @uspoloassn.

USPA Global is a subsidiary of the United States Polo Association (USPA) and manages the multi-billion-dollar sports brand, U.S. Polo Assn. USPA Global also manages the subsidiary, Global Polo, which is the worldwide leader in polo sport content. To learn more, visit globalpolo.com or Global Polo on YouTube.

About Saat & Saat

Saat & Saat's journey began in 1971 with wholesale watch trading. Established in 1994, Saat & Saat leveraged its extensive experience in wholesale to make a strong entry into distribution and retail sectors. In 2005, the company opened its first retail store at Cevahir Shopping Mall, marking its entry into the retail market, and in 2009, it expanded into online sales with the launch of its e-commerce platform www.saatvesaat.com.tr. With a brand awareness rate of 85%, Saat & Saat offers its products through 163 stores and shop-in-shops, 699 dealers and chain store, its website www.saatvesaat.com.tr, all major marketplaces, and an international distribution network in over 30 countries. With 30 years of experience, Saat & Saat provides "Comprehensive Technical Service" for all brands across Turkey.

Media Contacts:

U.S. Polo Assn. Global: Stacey Kovalsky Vice President, Global PR & Communications [email protected]

Saat & Saat Berfin Albayrak [email protected]

SOURCE: USPA Global

Saat & Saat Acquires Turkish Apparel Leader Aydinli Group, Expanding U.S. Polo Assn. Markets Across Turkey, the Middle East, Eastern Europe, and North Africa

Following the successful closing process, Ramazan Kaya, CEO of Saat & Saat, will serve as CEO of Aydinli Group.

U.S. Polo Assn. Global Fall 2025 CollectionRamazan Kaya, Founder and CEO of Saat & SaatU.S. Polo Assn. Storefront in Istinye Park, Istanbul, Turkey

About U.S. Polo Assn. and USPA Global

About Saat & Saat

Media Contacts:

U.S. Polo Assn. Global: Stacey Kovalsky Vice President, Global PR & Communications [email protected]

Saat & Saat Berfin Albayrak [email protected]

SOURCE: USPA Global

Ching Lee Holdings (3728.HK) demonstrates effective business diversification

HONG KONG, Nov 25, 2025 - (ACN Newswire) – Ching Lee Holdings Limited (“the Group”, stock code 3728.HK) announced its interim results for the six months ended 30 September 2025 with a net profit of approximately HK$2.9 million, a HK$0.9 million lower than the same period of last year. Nonetheless, the Group recorded a significant growth of revenue amounted to approximately HK$791.9 million in the half year.

The Group aims to diversify business portfolio and strengthen its industry presence to deliver favorable returns for shareholders. In the period, a new operating segment for “Rental services of leasing of properties” has been included in addition to the existing segments of “Substructure building works services”, “Superstructure building works services”, and “Repair, maintenance, alternation and addition for an existing structure (“RMAA”) works services”. As a result, approximately 38.2% year-on-year higher revenue was recorded with a HK$0.11 million contribution of the rental services. The increase in total revenue was mainly due to a higher income of superstructure building works services driven by more revenue recognized for the projects in the completion stage during the period. The Group will continue to focus on its core businesses and explore potential opportunities in the property rental market.

In the past, various macroeconomic factors continued to support the steady growth in Hong Kong construction demand, including the “Long Term Housing Strategy”, launched by the government. In addition, an increase in commercial and industrial transaction volumes in the third quarter of 2025 is also encouraging. As a main contractor in Hong Kong, the Group will continue to utilize its strong partnerships and customer network to identify potential construction projects, including both private-sector and public-sector opportunities, with the aim of further expanding its business footprint.

The Group Chairman, Mr. Ng Choi Wah stated, “Looking forward, the Group is confident in Hong Kong’s economic outlook and the prospects of its construction sector. Supported by the recovery in both the rental and property sales markets, alongside a declining interest rate environment, we anticipate continued growth in the property market. This is expected to benefit the local construction industry.”

Media enquiries:

New Smile Limited Strategic IR & PR Consultancy Tel: +852 2126 7076 Jenny Lai [email protected] Jacey Ching [email protected] Elina Zhang [email protected]

Note to editors:

Ching Lee Holdings Limited “Ching Lee” or “The Group”

Ching Lee Holdings Limited, a limited liability company incorporated under the laws of the Cayman Islands, is a contractor in Hong Kong with over 28 years of experience in public and private sectors. The principal activities of Ching Lee Holdings and its subsidiaries are the provision of construction and consultancy works and project management services in Hong Kong, engaged in providing substructure building works services, superstructure building works services, and repair, maintenance, alteration and addition (RMAA) works services. Ching Lee Holdings Limited was transferred from GEM board to the main board in HKEx on September 18, 2017 with stock code 3728.hk. Company website: http://www.chingleeholdings.com

CaoCao Unveils '100 Cities, 100 Billion in 10 Years' Robotaxi Strategy, Officially Launches World's First 'Green Intelligent Mobility Hub'

HONG KONG, December 4, 2025 - (ACN Newswire) – On December 3, CaoCao Inc. ('CaoCao'; 2643.HK) held a Robotaxi strategy update launch event in Hangzhou. CEO Gong Xin announced an enhanced Robotaxi roadmap, introduced the "100 Cities, 100 Billion in 10 Years" strategic goal, and unveiled the first future-oriented urban mobility hub — the 'Green Intelligent Mobility Hub'. Empowered by Geely's technology ecosystem, CaoCao is now accelerating the commercial deployment of Robotaxi services.

The event took place at the world's first Green Intelligent Mobility Hub. An Conghui of Geely Holding Group said, "CaoCao is not only Geely Holding Group's technology-driven mobility platform, but also our most important vehicle for exploring the future of mobility and enabling the commercial operation of Robotaxis. It is also at the forefront of validating cutting-edge technologies and demonstrating ecosystem-wide collaboration."

CaoCao's Three-Phase Robotaxi Strategy and the "100 Cities, 100 Billion in 10 Years" Vision

At the event, CaoCao presented its three-phase Robotaxi strategy in full for the first time. In the initial phase, the focus is on technology validation and small-scale pilot operations. In the current phase, the company will complete the transition from safety-driver-based operations to fully driverless operations, while piloting mixed operations involving both human-driven and driverless vehicles. In the future, CaoCao will deploy fully customized Robotaxi models to enable large-scale commercial operations worldwide.

CaoCao also officially released its "100 Cities, 100 Billion in 10 Years" global strategic goal. Over the next decade, the company plans to establish five global operation centers, roll out Robotaxi services in 100 cities worldwide, and achieve a cumulative gross transaction value (GTV) of RMB 100 billion. This will be an important part of Geely Holding Group's globalization strategy built around smart mobility services.

Gong Xin noted that in the Robotaxi 2.0 phase, CaoCao will further enhance its capabilities in large-scale automated fleet operations, launch the CaoCao Intelligent Mobility RAS platform, and fully implement a digital asset management system, thereby deeply integrating its operational strengths with smart cockpit and intelligent driving technologies to build a closed-loop system for fully driverless Robotaxi operations.

The Green Intelligent Mobility Hub was also officially put into operation. According to Gong Xin, the first hub brings together automated battery swapping, self-cleaning, in-vehicle tidying, intelligent dispatching, and automated billing, and is designed with reserved eVTOL take-off and landing pads and charging interfaces, offering an early prototype of future urban mobility infrastructure. The Green Intelligent Mobility Hub is the tangible expression of Geely Holding Group's aim to "lead the green and intelligent mobility ecosystem," and CaoCao has developed a replicable standard for its construction. In the future, city-level hubs will provide seamless connections between Robotaxis and Aerofugia's eVTOL (electric vertical take-off and landing) aircraft. These hubs will be backed by Geespace's low-Earth-orbit satellite network, which will deliver ubiquitous communications coverage and high-precision positioning data, helping to shape an integrated "sky–ground–space" mobility blueprint.

CaoCao will also explore more diversified revenue models and create new employment opportunities. As the Robotaxi business grows, the company may open vehicle purchase channels to drivers and form operational partnerships with them to jointly explore revenue opportunities. Going forward, expansion of the fleet and the continued build-out of Green Intelligent Mobility Hubs will create new types of roles, including positions in cloud-based remote assurance and asset management.

Leveraging the Geely Technology Ecosystem to Build Core Robotaxi Competitiveness for CaoCao

As one of the most closely watched areas in automotive intelligence, competition in the Robotaxi space has moved beyond single algorithms or hardware components and has become a system-level contest spanning intelligent custom vehicles, autonomous driving technologies, and smart operational platforms — and this is precisely where Geely Holding Group’s intelligent technology ecosystem has built a strong competitive moat.

Backed by Geely's technology ecosystem, CaoCao has all the key elements needed for Robotaxi development and has established a unique integrated model that combines intelligent custom vehicles, autonomous driving technologies, and smart operations. This model is underpinned by Geely's strong capabilities in electric and intelligent vehicle R&D and manufacturing. It integrates cutting-edge technologies in computing power, algorithms, data, and systems integration, and is further reinforced by CaoCao's long-standing expertise in urban operations, asset management, user services, and the broader mobility ecosystem. Together, these strengths form a comprehensive closed-loop system for Robotaxi operations, enabling the coordinated optimization of safety, efficiency, and user experience.

As Geely Holding Group's most important platform for the commercial operation of Robotaxis, CaoCao has spent the past decade cultivating the shared mobility market, accumulating vast volumes of trip data, developing mature dispatch algorithms, and building a nationwide service network, all of which provide a solid foundation for Robotaxi commercialization. In addition, by owning and operating the largest custom fleet of its kind in China, CaoCao has gained valuable experience in large-scale fleet operations and efficient asset management—expertise that is essential for the Robotaxi era.

At the event, CaoCao and Afari Technology signed a strategic partnership agreement in the presence of CaoCao CEO Gong Xin and Afari Technology Chairman Yin Qi. Leveraging Geely Holding Group's powerful technology ecosystem, the two parties will deepen their collaboration in the Robotaxi sector and accelerate the large-scale adoption and commercial deployment of autonomous driving technologies.

The launch and steady advancement of CaoCao's Robotaxi strategy provide a replicable operational model for the green and intelligent transformation of urban transportation. The company is taking concrete action to bring Robotaxis into everyday life and to unlock a broader commercial future for the Robotaxi business.

CaoCao Inc (HKSE 02634), https://www.caocao.com.cn Geely Automobile Holdings Ltd (HKSE 00175), https://www.geelyauto.com.hk

China Chunlai Announces 2025 Annual Results

- Students Enrolled Increases Steadily, Financial Performances Achieves Strong Growth

HONG KONG, Dec 1, 2025 - (ACN Newswire) – 28 November 2025, China Chunlai Education Group Co., Ltd. (“China Chunlai” or the “Company”, together with its subsidiaries and its consolidated affiliated entities, the “Group”, Stock Code: 1969) is pleased to announce the audited consolidated annual results of the Group for the year ended 31 August 2025 (the “Reporting Period”).

During the Reporting Period, the Group recorded a revenue of RMB1,790.6 million, representing an increase of 9.8% compared with the same period of last year; gross profit recorded RMB970.7 million, representing an increase of 1.6% compared with the same period of last year; profit recorded RMB835.5 million, representing an increase of 7.4% compared with the same period of last year; net profit margin recorded 46.7%.

Students Enrolled Increases Steadily Schools Achieves Strong Growth

The educational philosophies of the Group’s schools and well-developed curricula as well as its high graduate employment rates enable the Group to attract high-quality students who are seeking a pathway to satisfactory employment. For the 2024/2025 school year, the overall yield of five colleges that offer bachelor’s degree programmes (being Shangqiu University, Shangqiu University Kaifeng Campus, Anyang University, Anyang University Yuanyang Campus and Jingzhou College) was 96.9%.

For the 2024/2025 school year, the number of students enrolled increased by 6.4% from 103,301 in the prior school year to 109,952. Among which, Jiankang College had a total enrollment of 9,743, representing an increase of 43.2% compared with the same period of last year; Anyang University Yuanyang Campus had a total enrollment of 13,045, representing an increase of 20.9% compared with the same period of last year; Jingzhou College had a total enrollment of 19,357, representing an increase of 15.5% compared with the same period of last year; Shangqiu University had a total enrollment of 26,165, representing an increase of 4.5% compared with the same period of last year; Shangqiu University Kaifeng Campus had a total enrollment of 15,499, representing an increase of 2.2%.

Because of the steadily expansion of students enrolled, the revenue of Group's schools increased during the period: Jiankang College recorded a revenue of RMB137.8 million, representing an increase of 42.5% compared with the same period of last year; Anyang University Yuanyang Campus recorded a revenue of RMB215.7 million, representing an increase of 21.7% compared with the same period of last year; Jingzhou College recorded a revenue of RMB341.3 million, representing an increase of 16.4% compared with the same period of last year; Shangqiu University recorded a revenue of RMB416.1 million, representing an increase of 8.3% compared with the same period of last year; Shangqiu University Kaifeng Campus recorded a revenue of RMB260.4 million, representing an increase of 4.2%.

Deepen the Integration of Industry and Education Cultivate Application-oriented Talent

The schools operated under the Group closely focus on the goal of application-oriented talent training, attach importance to, and actively carry out, the integration of industry and education, strengthen school-enterprise cooperation, explore “diversified talent training, innovative practical education system”, and form its own characteristics and highlights. The collaboration models include practice and training, joint transformation of research and development results, joint training of order classes, and joint construction of majors and laboratories, which have achieved good results.

AI Education + International Education Synergistically Drive High-Quality Development

The Group commits to advancing artificial intelligence (“AI”) education and applications and deploy the DeepSeek R1 model as a strategic initiative, which integrate the DeepSeek R1 Model into AI education platforms developed in collaboration with Beijing Gravity Link Technology Co., Ltd, to optimize student learning, enhance teacher instruction, and foster an environment and culture that positions schools at the forefront of educational technology.

In November 2024, Anyang University and Shangqiu University under the Group entered into sino-foreign school operation cooperation agreements with Elite Education Institute in Australia and Anyang University entered into a sino-foreign school operation cooperation agreement with Massey University in New Zealand to establish in-depth strategic cooperation relationships with such institutions to promote their mutual aim of diversification and internationalization of education.

The Board of China Chunlai Education Group Co., Ltd. said: “Since 2025, educational policies have improved and demand has been released, we have seized the opportunity by building an excellent team of teachers, increasing students’ recruitment efforts, developing diversified business, and have achieved the expected results. In addition, AI has a far-reaching impact on the education industry, and relevant policies continue to support. The Group continues to develop AI applications and further strengthens AI related business.

In the future, we expect to increase the capacity of the colleges progressively, continue to increase the total number of enrolled students, and hire teachers with a strong command of their respective subject areas who are open to innovative teaching methods and a caring heart toward students’ well-being, focus on teaching outcomes to achieve higher employment rates, thereby provide solid momentum for future sustainable development and strive to maximize shareholder profit.”

Think Business, Think Hong Kong strengthens Italy-Hong Kong ties and opens new path for Asian collaboration

- Over 1,000 participants explored rising opportunities in Asia

Some 760 participants attended Milan symposium to explore opportunities in finance, innovation, supply chain and creative industries

A flagship event featuring high-level dialogues and more than 260 on-site business matching meetings connected Hong Kong and Italian companies

Milan, Italy, Nov 28, 2025 - (ACN Newswire) – The Think Business, Think Hong Kong (TBTHK) signature promotion organised by the Hong Kong Trade Development Council (HKTDC) was held on 27 November in Milan to promote bilateral trade and investment with Italy.

Returning to Italy for the first time since 2014, the TBTHK event attracted over 1,000 participants. The TBTHK symposium was held at Palazzo Mezzanotte – home of the Italian Stock Exchange – and attended by some 760 participants, reaffirming the strong and growing relationship between Hong Kong and Italy. Over 240 leaders of the Italian, European and Hong Kong business communities joined the Hong Kong Dinner.

TBTHK Milan gathered over 90 delegates from Hong Kong, including government officials, business and creative industry leaders, financial and professional services providers, investors and start-up entrepreneurs, as well as executives from Chinese Mainland companies based in Hong Kong for a day of dialogue, networking and partnership building with Italian companies keen to expand into Asia. The event highlighted Hong Kong’s role as a superconnector and super value-adder, enabling both Hong Kong and mainland enterprises to go global and seize opportunities in Italy and across Europe.

At the symposium’s Opening Session, Paul Chan, Hong Kong SAR Government Financial Secretary, and Prof Frederick Ma, HKTDC Chairman delivered remarks. Valentino Valentini, Deputy Minister of the Ministry of Enterprise and Made in Italy, delivered a video speech.

In his opening remarks, Mr Chan said: “For long, Hong Kong and Italy have much in common. We share a passion for creativity, craftsmanship, and elegance. Italian style has captured our hearts. Our two cities (Hong Kong and Milan) are gateways connecting continents, blending Eastern and Western ingenuity. And we both thrive on openness, creativity, innovation and entrepreneurial spirit.”

Mr Chan mentioned that the economic partnership between Hong Kong and Italy is flourishing and remarkably diverse: “In 2024, bilateral merchandise trade reached €7.2 billion. Some 200 Italian companies, from world-beating brands to leading players in banking, insurance, logistics and chocolate, have their regional headquarters, offices or operations in Hong Kong.”

In his welcome remarks, Prof Ma said: “At the HKTDC, facilitating partnerships is at the core of what we do. Partnerships lead to innovation. And innovation drives growth and expansion. We help businesses, large and small, realise their growth and expansion plans, wherever they may be – China, Asia and beyond.”

Prof Ma added: “Renowned as one of the world's leading international financial hubs, many opportunities await Italian businesses in Hong Kong – in traditional and newer sectors. Just like Italy, Hong Kong is focused on I&T. This covers fintech, greentech, AI and smart city development, the creative sector and more. I see great potential for collaboration.”

Mr Valentini said: “Italian companies that have been present in Hong Kong for many years now play a leading role in sectors such as fashion, luxury, design, food, manufacturing and logistics, and are also paving the way in more innovative fields.”

Mr Valentini added that Hong Kong is an ideal platform for Italian companies that wish to grow in the Chinese Mainland and the wider Asian region, while Italy is moving to further enhance its attractiveness to new investment. The relationship between Italy and Hong Kong is built on decades of exchange and close ties. Now is the time to turn this experience into new, successful partnerships for the benefit of Italian businesses and entrepreneurs.

High-level exchanges highlight new areas of collaboration

The plenary session explored global economic trends, the evolving role of Hong Kong's financial markets and the deep integration with the Chinese Mainland that continues to provide international companies, including Italian ones, with a competitive advantage in accessing Asia. The session brought together leading figures from the international business community to discuss how Hong Kong continues to serve as a strategic gateway to Asia.

Chaired by Hans Michael Jebsen, Chairman of the Hong Kong-Europe Business Council and Jebsen Group, the discussion featured insights from Bernard Chan, Chairman of the West Kowloon Cultural District Authority and President of Asia Financial Holdings Limited; Bonnie Chan, CEO of Hong Kong Exchanges and Clearing Limited; Claudio de Bedin, Partner at Justin Chow & de Bedin Solicitors LLP; Fabio De Rosa, Head of Global Transaction Banking, Banco BPM; and Alex Zhavoronkov, Founder and CEO of Insilico Medicine.

Reflecting the evolving priorities of both economies, the five thematic sessions covered four strategic areas. The Digital Trade and Finance session, co-organised with the Hong Kong Monetary Authority, explored how technology is reshaping cross-border trade and financial flows. It also showcased how platforms, such as distributed ledger-based trade solutions and commercial data exchange systems, are enhancing efficiency, transparency and access to financing – offering new pathways for Italy-Hong Kong trade collaboration.

The Innovation and Technology session, supported by the Hong Kong Science and Technology Parks Corporation, focused on smart city innovation and the rapid rise of AI-powered technologies in Asia, illustrating how Italian companies can engage with Hong Kong’s burgeoning innovation ecosystem.

After a networking luncheon, the Global Supply Chain session, co-organised with Invest Hong Kong, examined how Hong Kong’s capital markets and corporate treasury frameworks are driving transformation in global supply chains. The discussion highlighted Hong Kong’s role as a hub for supply chain digitalisation, green logistics and advanced manufacturing partnerships.

Two Creative and Design sessions were held. One brought together celebrated architects and designers from Hong Kong and Italy, including Steve Leung, Founder of Steve Leung Design Group; Andrea Ponti, Founder and Design Director of Ponti Design Studio Limited; and Dr Rocco Yim, Principal of Rocco Design Architects Associates Limited. The second one, co-organised with the Hong Kong Design Centre and Hong Kong Designers Association, explored how Hong Kong and Italy – two global centres of creativity – can co-design new opportunities in architecture, lifestyle, luxury and cultural innovation. Participants discussed how the fusion of Italian craftsmanship and Hong Kong’s cultural vibrancy can unlock new markets across Asia.

Networking and strategic dialogue reinforce long-term ties

Alongside the symposium, TBTHK facilitated over 260 on-site business matching meetings, one-on-one consultations and dedicated networking opportunities. During the event, participants also browsed the InnoVenture Salon and Business Support Zone, an exhibition area featuring over 20 exhibitors from Hong Kong, including start-ups and representatives from government agencies, accounting firms, corporate services companies, logistics specialists, legal firms and many other sectors. The zones provided a practical platform for Italian companies to connect with Hong Kong-based experts, pursue innovative services, solutions and technologies and strengthen cross-border collaboration.

Following the symposium, the Hong Kong Dinner was held at Palazzo Parigi. It was attended by over 240 business leaders, government officials and representatives of the Hong Kong and Italian business communities, further promoting bilateral economic and cultural exchanges.

Photo Download: http://bit.ly/44xYBrq

Think Business, Think Hong Kong Milan organised by the HKTDC was held on 27 November at Palazzo Mezzanotte, attracting some 760 participants. The plenary session brought together leading figures from the international business community to discuss how Hong Kong continues to serve as a strategic gateway to Asia

Paul Chan, Financial Secretary of the Hong Kong SAR Government, talked about deepening economic ties between Hong Kong and Italy

Prof Frederick Ma, Chairman of the HKTDC, highlighted opportunities for greater collaboration between Hong Kong and Italian companies

Valentino Valentini, Deputy Minister of the Ministry of Enterprise and Made in Italy, addressed participants at TBTHK Milan

The TBTHK symposium featured an InnoVenture Salon exhibition with Hong Kong start-ups showcasing their innovations

Websites:

Think Business, Think Hong Kong: https://thinkbusinessthinkhk.com/2025-milan/symposium/en/index.html

Media enquiries

HKTDC’s Communication & Public Affairs Department:

Jane Cheung

Tel: +852 2584 4137

Email: [email protected]

Weber Shandwick

Nadia Lauria

Tel: +39 3356962981

Email: [email protected]

Marco Pedrazzini

Tel: +39 3470369222

Email: [email protected]

Ines Baraldi

Tel: +39 3428650498

Email: [email protected]

About HKTDC

The Hong Kong Trade Development Council (HKTDC) is a statutory body established in 1966 to promote, assist and develop Hong Kong's trade. With over 50 offices globally, including 13 in the Chinese Mainland, the HKTDC promotes Hong Kong as a two-way global investment and business hub. The HKTDC organises international exhibitions, conferences and business missions to create business opportunities for companies, particularly small and medium-sized enterprises (SMEs), in the mainland and international markets. The HKTDC also provides up-to-date market insights and product information via research reports and digital news channels. For more information, please visit: www.hktdc.com/aboutus.

Stage set for DesignInspire with VIP preview on 3 December and free entry for industry and public over next three days

- Maison&Objet Interieurs Hong Kong returns while acclaimed designers Alan Chan and Chilai Howard bridge HK and Italian creativity

The 2025 DesignInspire will be held from 3 to 6 December. The opening day will feature an exclusive VIP preview, followed by free admission over the next three days for industry professionals and the public. The event will feature multiple photo-worthy installations and immersive zones, allowing visitors to experience design and art through a multi-sensory journey

Parisian design authority Maison&Objet returns once again under the identity Maison&Objet Intérieurs Hong Kong 2025, expanding its exhibition area in 2025 and bringing an even richer showcase of international creativity

International design master Alan Chan and emerging artist Chilai Howard design two cross-cultural collaborative spaces, BOTTEGA HONG KONG and TINY STUDIO, presenting a fusion of Hong Kong design excellence with Italy’s outstanding creative vision

HONG KONG, Nov 26, 2025 - (ACN Newswire) – Organised by the Hong Kong Trade Development Council (HKTDC), co-organised by the Hong Kong Design Centre and sponsored by the Cultural and Creative Industries Development Agency (CCIDA), DesignInspire returns from 3 to 6 December 2025 at the Hong Kong Convention and Exhibition Centre (HKCEC). The opening day will feature an exclusive VIP preview, while the following three days will be open to industry professionals and the public free of charge.

This year’s DesignInspire runs under the theme “Where Connections Spark Inspiration”, bringing together diverse creative forces from around the world. Maison&Objet, the Strategic Partner of the exhibition, returns with even more grandeur, expanding its footprint at the event by nearly double. Meanwhile, renowned international designer Alan Chan and emerging artist Chilai Howard have each designed cross - cultural showcases in BOTTEGA HONG KONG and TINY STUDIO, presenting a creative dialogue between east and west. Held concurrently with DesignInspire, Business of Design Week (BODW) 2025 Summit, organised by the Hong Kong Design Centre, runs from 3 to 5 December at the HKCEC. This year’s event welcomes Italy as its partner country, strengthening international collaboration and cultural exchange within the global design community.

HKTDC Assistant Executive Director Anna Cheung said: “DesignInspire has long been a flagship event in Hong Kong’s cultural and creative calendar, driving the growth of our creative industries and strengthening the connection between local designers and the global design community. This year’s edition brings together over 250 exhibitors from 13 countries and regions, alongside two iconic figures in the field – internationally acclaimed designer Alan Chan and award-winning emerging artist Chilai Howard – who each design thematic pavilions that capture a dialogue between Hong Kong’s vibrant creative energy and Italy’s refined design culture. The exhibition invites visitors to experience the synergy and inspiration born from an east-west cultural exchange, reaffirming Hong Kong’s unique role as a centre for international creative and artistic collaboration.

“Through a series of exhibitions and networking activities, we aim to foster deeper collaboration between the creative, design and business sectors – connecting in particular with potential buyers from the hospitality, real estate, luxury dining and cultural tourism industries – and to unlock new business opportunities powered by design. At the same time, we hope to engage the public in appreciating creativity and design, and to raise broader recognition of the creative industry’s contribution to our society’s culture and economy.”

Immerse in creativity from leading design brand

Internationally renowned lifestyle event Maison&Objet returns alongside DesignInspire under a refreshed identity, Maison&Objet Intérieurs Hong Kong 2025*, bringing together 16 internationally celebrated designers and curators and over 200 brands, artisans and artists to create a world-class platform for creative dialogue. Centred on the theme “Crossroads”, the 3 core sections deliver essential design elements: “Design Factory” brings Inspiration, “Design Showcase” leads visitors into a path of Discovery, while Encounters will happen inside “Le Club” a business lounge dedicated for design players.

Design Factory, an immersive pavilion will focus on sustainability, material innovation and cultural storytelling, offering visionary design solutions for the contemporary world and will feature four distinctive curatorial projects by forward-thinking creative teams, such as Belgian designer Lionel Jadot and Thai bamboo artist Korakot Aromdee. Another pavilion, Design Showcase, will extend Maison&Objet’s creative footprint to seven design capitals and present diverse expressions of design excellence that address the evolving needs of multifunctional living, workspace and hospitality environments. Featured creators include renowned French designer and sculptor Hubert Le Gall; renowned Hong Kong architect and interior designer Steve Leung; and Paul Bonlarron, recipient of the Maison&Objet Design Showcase Award 2025, co-presented by France’s Mobilier National and Maison&Objet.

Design masters present selection blending Hong Kong and Italian styles

Hong Kong’s design vision also shines with originality and creativity. BOTTEGA HONG KONG, designed by international design master Alan Chan along with UNVEIL and Su Chang Design Research Office, draws inspiration from Italy’s alimentari (boutique grocery stores) and Hong Kong’s local “si dor” corner shop culture. The pavilion’s structure resembles an opened giant carton, blending raw elegance with futuristic minimalism. Its interior, drawing on the shop traditions of both Italy and Hong Kong, features 15 brands from the two places showcasing furniture, lifestyle goods and design collectibles. Participants include Hong Kong creative icon anothermountainman; Didi Ng, the first Hong Kong finalist of the LOEWE Foundation Craft Prize; Italian furniture design powerhouses Moroso and Minotti; and Venetian glass artist Lucia Massari, celebrated for her creations for Dolce & Gabbana Casa.

A standout highlight is the collaboration between Francesco Maglia, Italy’s century-old handmade umbrella brand, and Hong Kong heritage umbrella manufacturer Leung So Kee, creating a bespoke umbrella adorned with the skylines of Hong Kong and Italy – a perfect representation of the craftsmanship dialogue between the two places. Separately, Alan Chan reimagines Giorgio Armani's 2010 gown with Hong Kong's old “Chung Leung Ching Kee” feather duster, blending folk craftsmanship with Milanese couture. This fusion celebrates heritage, transcending borders to honour artisanal legacies.

TINY STUDIO, curated by emerging artist Chilai Howard, brings together 12 design collectives from Hong Kong and Italy. Within 12 individual studios, artists present cross-disciplinary works blending design, art and technology, offering their personal interpretations of the two cultures. Inspired by Hong Kong’s iconic street stalls from the 1980s and 1990s, the exhibition pays homage to the city’s vibrant street culture. Its kinetic roof moves gently like waves, creating a fluid visual rhythm. Visitors can explore interactive experiences encompassing digital art, music creation, sculpture, fragrance design, tattoo illustration and live weaving demonstrations, immersing themselves in the creative synergy between Italy and Hong Kong. Highlights include a collaborative sculpture by Hong Kong artist Danny Lee Chin-fai and Italian sculptor Francesca Bernardini; an audiovisual piece co-created by acclaimed music producer Edward Chan and Kelly Cheuk and Kwokin from the music video and visual production studio (Re); and a showcase of selected works by illustrator Pen So.

Global design brands showcase at the exhibition

DesignInspire continues to serve as a catalyst for international business and cooperation. The event welcomes global pavilions from countries and regions including the Chinese Mainland, Czechia, Macao and Taiwan, offering audiences a kaleidoscope of design perspectives and cultural dialogue. The Czech Pavilion will celebrate the world-famous Bohemian glass tradition, showcasing exquisite artistry and creativity. The SHOP Zone will gather curated design and art pieces available for collection and purchase, while Hong Kong fragrance brand Floriography joins as DesignInspire’s first official “Scent Partner”, bringing a sensory layer of Hong Kong’s olfactory aesthetics to the fair.

Several leading Hong Kong design institutions will also participate at DesignInspire. The Hong Kong Design Institute (HKDI) will present student works and its Motifx project featuring home décor combining elements of traditional Chinese motifs and contemporary aesthetics. The Hong Kong Design Centre will showcase over 200 DFA Design for Asia Award-winning pieces, demonstrating the city’s design excellence. Local exhibitors will also unveil new designs, including GERI, an intelligent textile technology company, which will collaborate with graphic design master Kan Tai-keung to launch a new series of smart handbags, debuting at the fair as a seamless fusion of innovation and craftsmanship.

During the exhibition, the InnoTalks series will feature 14 sessions of inspiring dialogue, bringing together internationally renowned designers and industry experts to explore forward-looking topics such as creative collectibles, IP development, AI applications and inclusive design. The programme will offer participants valuable practical insights and industry perspectives, while providing opportunities to expand professional networks and stay ahead of the latest trends and collaboration opportunities in the creative sector.

To further inspire public interest in design and art, DesignInspire will offer a programme of creative workshops covering multi-sensory creation, art-tech integration, sustainable design and craftsmanship, allowing participants to experience the beauty of creative exploration at first hand.

In addition, three other key events – the Business of IP Asia Forum, Entrepreneur Day and Start-up Express: International Edition 2025 – will be held concurrently at the HKCEC on 4 and 5 December, providing broader business networking and matching opportunities. Participants can also engage in one-on-one business matching sessions connecting design service companies with innovative enterprises from across the region to explore new partnerships.

DesignInspire Details

Date:

3-6 December 2025 (Wednesday to Saturday) 3 December (VIP Preview – by invitation only) 4-6 December (open to public)

Time:

3 December 2pm to 7pm

4-5 December 9:30am to 7:30pm

6 December 9:30am to 7pm

Venue:

Halls 3C–E, Hong Kong Convention and Exhibition Centre

Fee:

Free admission with registration

Event website:

*The event is sponsored by the Cultural and Creative Industries Development Agency (CCIDA).

Photo download: https://bit.ly/3XMv1e3

Read more: https://www.acnnewswire.com/press-release/english/103897/

PlayLah Sets a New Standard for Casual Mobile Entertainment With Its Global Launch

SINGAPORE, Nov 25, 2025 - (ACN Newswire) - On November 25, 2025, PlayLah, a product of VOLCANO ENTERTAINMENT PTE. LTD., officially launched its new entertainment-focused casual gaming platform, enabling players to enjoy fast, stress-free mini-games anytime and anywhere.

The arrival of PlayLah marks a significant moment in the global casual gaming landscape. In an era where mobile entertainment is increasingly defined by convenience, speed, and simplicity, PlayLah positions itself as a dedicated hub for instant enjoyment. Built from the ground up to match the habits of modern players, it offers a seamless entertainment experience designed for the scattered moments of everyday life. Whether someone wants to relax during a short break, unwind after work, or simply fill a few idle minutes, PlayLah provides a space where fun is always one tap away.

A Fresh Take on Casual Gaming

Mobile gaming has gone through several transformations in the last decade. There was a time when players favored large-scale titles with elaborate content and heavy progression systems. Yet the reality of daily life has shifted. More users now prefer games that deliver pleasure quickly, without demanding commitment or long hours. This behavioral shift is particularly visible across Asia, Europe, and the Americas, where busy routines leave limited time for lengthy entertainment sessions.

PlayLah identifies this trend and responds with a platform engineered entirely around instant play. Every title available on the app is designed with straightforward mechanics that are easy to grasp within seconds. The gameplay loops are intentionally compact, allowing players to enjoy meaningful fun without any mental burden. This approach enables PlayLah to stand out amid an industry full of complex systems and resource-heavy titles, reminding users that joy can be simple, direct, and accessible.

An Ever-Growing Library of Mini-Games

One of the strengths of PlayLah lies in its diverse collection of mini-games. Unlike traditional single-title apps, PlayLah functions as a curated catalogue where each game offers a different style of entertainment. The selection covers reflex challenges, timing tests, puzzle solving, obstacle runs, casual action, and many other micro-genres that appeal to players of varying preferences.

The essence of every game in PlayLah is clarity. Players are not required to memorize rules or understand complicated user interfaces. Each game introduces its objective immediately, letting players jump into action without hesitation. This simplicity does not diminish enjoyment. Instead, it enhances it by maximizing accessibility and minimising barriers to entry. Even players with minimal gaming experience can pick up a game and start having fun instantly.

The continuous expansion of the game library also ensures that PlayLah remains fresh over time. New games are added progressively, giving users more content to explore and revisit. This steady growth contributes to long-term engagement, as players have multiple reasons to return and discover what is new each week.

Smooth Performance and User-Centric Design

Performance is a critical part of the PlayLah experience. Many mobile games suffer from long loading times, heavy assets, and battery drain. PlayLah addresses these issues through deliberate technical optimization. During internal and external evaluations, game loading speeds remained consistently fast. Interface responsiveness was smooth across all major device categories, and the overall storage footprint of the app stayed remarkably light.

The platform’s user interface was constructed with a focus on clarity and comfort. Instead of overwhelming users with excessive visuals, PlayLah adopts a modern, minimalist style. Screens are clean, layout spacing is carefully balanced, and navigation flows naturally. This calm and structured presentation ensures that users never feel lost or pressured while browsing the game list.

Such design choices create an atmosphere of relaxation, which aligns perfectly with the platform’s goal. PlayLah is built not only to entertain but also to serve as a refreshing digital environment where players can unwind without distractions.

A Social Platform at Its Core

Even though the games on PlayLah are small in size, the platform itself offers a deep layer of social interactions. PlayLah was developed with the belief that entertainment becomes more meaningful when shared with others. Players can build profiles that reflect their personality through avatars, game collections, and progress markers. They can add friends, track one another’s achievements, and exchange friendly challenges.

Leaderboards and rankings allow players to measure themselves against others, both globally and regionally. These rankings are positioned as light-hearted challenges rather than competitive pressure. The intent is to encourage interaction, not to create stress. Achievements, milestones, and performance records further enhance the sense of progression without forcing players into long-term obligations.

Through these features, PlayLah transforms quick entertainment moments into an engaging community experience. It becomes a platform where interaction and fun coexist, making gameplay more rewarding and socially vibrant.

Fair and Transparent Monetization

Monetization in mobile games is often a concern for players. Many apps rely on intrusive methods, aggressive pop-ups, or essential features locked behind payment. PlayLah takes a very different approach. Its monetization system is transparent, optional, and oriented toward enhancements rather than necessities.

Players may purchase decorative items such as avatars and skins, as well as in-app currencies used to unlock aesthetic customization. Seasonal bundles provide additional value during special events. Optional ads are available for users who want extra rewards without spending money. A subscription model is under development to provide consistent value for highly active players.

PlayLah ensures that all core content remains free. No essential gameplay mechanics, game modes, or features are restricted by payment. This philosophy prioritizes trust and long-lasting player satisfaction, which is crucial for a platform designed for an international audience.

A Product Built for Global Expansion

Casual gaming has a universal appeal that transcends age, culture, and geography. With its accessible design and broad content variety, PlayLah is positioned to enter markets ranging from Southeast Asia and the Middle East to Europe, North America, and Latin America.

The app’s lightweight architecture allows it to run on a wide range of devices. It requires minimal storage, loads quickly even in areas with slower network speeds, and does not drain power heavily. These qualities make it particularly ideal for emerging markets where device specifications vary widely.

PlayLah’s user interface is also built with future localization in mind. Multi-language support will enable the platform to adapt quickly to the cultural and linguistic needs of various regions. This flexibility contributes to PlayLah’s global growth potential.

The Vision Behind the Platform

PlayLah represents the ambitions of Volcano Entertainment Pte. Ltd., a Singapore-based company dedicated to social entertainment and mobile gaming. The company’s vision extends beyond creating a single app. It seeks to build a portfolio of entertainment products that connect people, cultures, and communities through accessible digital experiences.

With PlayLah, the company aims to introduce a product that offers creativity, enjoyment, and cross-cultural appeal. The platform’s launch is an important milestone, showcasing the team's commitment to delivering high-quality entertainment.

Continuous Innovation and Long-Term Roadmap

The launch version of PlayLah is only the foundation. The development team has already outlined a roadmap filled with new features and improvements. Upcoming updates include real-time multiplayer games, social rooms where players can interact while playing, enhanced community tools, and new daily engagement systems. Seasonal events and themed challenges will further enrich the platform’s content, offering fresh experiences throughout the year.

Localization updates will gradually introduce multiple languages to support the platform’s global rollout. In the long term, the team is exploring tools that allow independent developers to contribute their own mini-games to the PlayLah ecosystem. This expansion has the potential to transform the platform into a dynamic creator-driven community.

Why PlayLah Stands Out

The mobile entertainment landscape is crowded, yet PlayLah stands out because of its clarity of purpose. It does not attempt to be a large, complex gaming universe. Instead, it focuses on what many players genuinely want: quick relief, simple joy, and accessible fun. In a world full of digital intensity and information overload, PlayLah acts as a refreshing contrast.

It serves students needing a quick break, professionals seeking a moment of relaxation, parents wanting light entertainment, and social groups who enjoy friendly challenges. Its strength lies in being simple without being shallow, social without being demanding, and entertaining without being overwhelming.

Conclusion

PlayLah’s official launch signals the beginning of a new chapter in casual mobile entertainment. By focusing on fast gameplay, friendly design, approachable mechanics, and social connectivity, the platform offers a refreshing and meaningful experience for players around the world.

As the platform continues to grow, evolve, and expand internationally, its core mission remains constant. PlayLah will continue delivering instant, joyful entertainment to anyone, anytime, wherever they are.

Media Contact Company: VOLCANO ENTERTAINMENT PTE. LTD. Contact Person: SHENG XIANG Email: [email protected] Website: https://playlah.com

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