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By Dr. Gyan Pathak In the third phase of Special Intensive Revision (SIR) of electoral rolls, National Capital Territory (NCT) Delhi tops in deletion of voters in terms of percentage about 33 per cent, and the State of Maharashtra that headquarters the financial capital of the country Mumbai tops in voters’ deletion in terms of […]

The article Delhi tops SIR deletion in percentage, Maharashtra in absolute numbers appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

By TN Ashok The Haldwani controversy is larger than a quarrel between two political families. It has reopened one of independent India’s most uncomfortable questions: has caste-based untouchability really disappeared, or has it merely changed its vocabulary and rituals? India’s political battlefield has acquired an unusually old-fashioned weapon: holy water, a havan and the idea that […]

The article Haldwani purification row: Caste back on political centre-stage appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

• Benefiting from sustained strong chip demand across the AI data center (“AIDC”), storage and robotics sectors, the Group’s revenue increased by approximately 98.4% year-on-year to approximately RMB13,249.2 million;

• The Group recorded gross profit of approximately RMB799.7 million and net profit of approximately RMB373.0 million. Profit attributable to equity shareholders of the Company amounted to approximately RMB278.9 million, representing a year-on-year increase of approximately 111.1%;

• The Group has strategically upgraded from an “AI hardware distributor” into a “Token computing power operator”, opening up a second growth curve; and

• The Group has formally entered into Token computing power services contracts worth more than US$1 billion, with delivery expected to commence in the fourth quarter of 2026.

HONG KONG SAR – Media OutReach Newswire – 31 August 2026 – Ingdan, Inc. (“Ingdan” or the “Company”; Stock Code: 400.HK, together with its subsidiaries, the “Group”), an ecosystem services platform anchored in artificial intelligence (“AI”) chips and principally engaged in the businesses of “Comtech” and “Ingdan” today announced its unaudited interim results for the six months ended June 30, 2026 (the “First Half of 2026” or the “Period”).

Financial Highlights for the First Half of 2026

During the Period, benefiting from sustained strong chip demand across the AIDC, storage and robotics sectors, the Group recorded revenue of approximately RMB13,249.2 million, representing an increase of approximately 98.4% from approximately RMB6,676.5 million for the corresponding period in 2025.

The Group’s gross profit amounted to approximately RMB799.7 million, representing a year-on-year increase of approximately 36.5%. Operating profit was approximately RMB517.2 million, representing a year-on-year increase of approximately 87.7%. Net profit after tax amounted to approximately RMB373.0 million, representing a year-on-year increase of approximately 96.3%.

Business Review

Strategic Upgrade Milestone: Token Factory Order Formally Secured, Opening Up a Second Growth Curve

During the First Half of 2026, the Group achieved a landmark breakthrough in its AI-driven strategic upgrade. The previously disclosed intent service orders exceeding US$1 billion have now been formalized into services contracts. Delivery is expected to commence in the fourth quarter of 2026, with the contracts expected to generate aggregate service revenue of more than US$1 billion over the next five years. This milestone signifies a fundamental evolution in the Group’s growth model—from “selling chips” to “selling computing power”—and its formal upgrade into an “Token computing power operator”, presenting a compelling new value proposition to the capital markets.

Three Growth Drivers for Rapid Expansion

The Group’s performance growth is supported by three core drivers:

• AI computing power: The accelerating development of global data centers continues to drive strong demand for GPUs and CPUs. The Group provides full-stack computing power support, from chips to application solutions, and is deeply involved in the development of cloud-based intelligent computing centers;
• Storage cycle: Surging demand for AI foundation model training and inference is driving expansion in the memory chip market. Leveraging the resources of leading global suppliers, the Group ensures a reliable supply of memory chips and complementary solutions; and
• Embodied intelligence and robotics: As humanoid robots enter the mass-production stage, the Group is strengthening its full-stack deployment, from edge AI computing solutions built around platforms such as NVIDIA Jetson to enterprise-level computing clusters.

Full-Chain Technology Services Platform

As a technology services platform based on AI chips, the Group connects upstream AI chip technologies with the needs of downstream innovative enterprises. Leveraging the resources of leading global chip manufacturers, including NVIDIA, Intel, AMD and SanDisk, the Group has established a comprehensive product portfolio covering GPUs, CPUs, FPGAs, ASICs, memory chips and software ecosystems. With chip distribution serving as its entry point, the Group provides customers with integrated, full-chain services encompassing technology solutions, supply chain management, technical training, and after-sales operation and maintenance. Its services cover a broad range of application scenarios, including cloud-based intelligent computing centers, edge AI, robotics, drones and enterprise-level computing power services.

Global Computing Power Network Deployment

To support the large-scale delivery of its Token factory business, the Group is accelerating the development of a global computing power network. In the near term, it plans to expand its computing centers footprint into multiple Asian countries, with total planned computing capacity exceeding 100 megawatts. Through its proprietary Token computing power scheduling platform, the Group provides one-stop services encompassing computing power scheduling, cluster operation and maintenance, and Token computing power services. Its customers include leading internet cloud service providers and market-leading enterprises in vertical robotics segments, demonstrating the commercial viability of the Group’s business model.

Outlook

Mr. Jeffrey Kang, Chairmanand CEO of Ingdan, Inc., commented: “As demand across AIDC, storage, robotics and AI Token services continue to grow, the Group’s strategic positioning as a ‘Token computing power operator’ has been further strengthened. We expect robust customer demand in the second half of the year, while the AI Token factory business is expected to become the Group’s second growth curve. This will further enhance the capital market’s recognition of the visibility of the Company’s growth and its long-term development potential.”

Cautionary Statement

The information contained in this document has not been independently verified. Neither the Company nor any of its affiliates, advisers or representatives makes any express or implied representation, undertaking or warranty as to the fairness, accuracy, completeness or correctness of the information or opinions presented or contained herein. No person should rely on this document as a basis for any decision.

The information contained in this document should be considered in the context of the circumstances prevailing at the relevant time and is subject to change without notice. The Company undertakes no obligation to update the information contained herein to reflect any developments occurring after the date of this document. This document is not intended to provide, and should not be relied upon as providing, a complete or comprehensive analysis of the Company or its financial or operating condition or prospects. Neither the Company nor any of its affiliates, advisers or representatives shall have any obligation or accept any liability, whether in negligence or otherwise, for any loss arising from any use of this document or its contents or otherwise arising in connection with this document.

This document may contain statements reflecting the Company’s current intentions, beliefs and expectations regarding the future as of the relevant dates indicated herein. Such forward-looking statements do not constitute guarantees of future performance. They are based on certain assumptions concerning the Company’s operations and on factors beyond the Company’s control, and are subject to significant risks and uncertainties. Accordingly, actual results may differ materially from those described in such forward-looking statements. Neither the Company nor any of its affiliates, advisers or representatives has any obligation or undertakes to update any forward-looking statement to reflect events or unforeseen circumstances arising after the relevant date.

Hashtag: #Comtech #Ingdan #AI #AIDC #TokenFactory #IC #Chips #humanoid #Intel #AMD #Sandisk #NVIDIA #Tech #RevenueGrowth #TechGrowth #AIInvestment #ProprietaryProducts #KeplerLab #Comtech #IngdanTechnology #IngdanAcademy #AIAcceleration #TechTransformation

https://ingdangroup.com/

The issuer is solely responsible for the content of this announcement.

Ingdan, Inc.

Ingdan, Inc. (Stock Code: 400.HK) is an ecosystem services platform anchored in artificial intelligence (“AI”) chips. The Group captures the rapidly growing demand across numerous industries, from AI computing centers to AI-powered intelligent terminals, by converting AI chip resources into a broad range of rapidly deployable application solutions that provide the core driving force for customers’ intelligent upgrade. Through its proprietary AI technologies, large models and specialized industry knowledge bases, the Group provides customers with advanced chip application technology solutions and efficient supply chain management services.

Headquartered in Shenzhen, the Group operates offices and branches across major cities in China, including Hong Kong, Beijing, Shanghai, Guangzhou, Hangzhou , Suzhou, Wuhan and Chengdu, as well as operations in Singapore and Japan. The Group’s core businesses are Comtech — a technology services platform for the chip industry; and Ingdan — a platform providing Artificial Intelligence of Things (“AIoT”) technology and services.

For further information, please refer to the Company’s website at www.ingdangroup.com

Proposed an interim dividend of HK11.0 cents per share

Highlights:

• Revenue increased to approximately HK$1,450.9 million.
• Gross profit increased to approximately HK$518.8 million.
• Profit attributable to owners of the Company amounted to approximately HK$116.2 million.
• As at 30 June 2026, the Group operated a total of 190 chain retail stores
• Basic earnings per share was approximately HK11.6 cents. The Board recommended the payment of interim dividend of HK11.0 cents per share.

Financial Highlights:

HONG KONG SAR – Media OutReach Newswire – 31 August 2026 – Best Mart 360 Holdings Limited (“Best Mart 360” or the “Company”, together with its subsidiaries, the “Group”; stock code: 2360.HK), a leading leisure food retailer in Hong Kong, announced its interim results for the six months ended 30 June 2026 (“the Period under Review”). During the Period under Review, the revenue recorded by the Group amounted to approximately HK$1,450,897,000, representing an increase of approximately 1.0% as compared to approximately HK$1,436,576,000 for the six months ended 30 June 2025 (the “Corresponding Period Last Year”).

During the Period under Review, profit attributable to owners of the Company amounted to approximately HK$116,221,000.

For the six months ended 30 June 2026, gross profit of the Group was approximately HK$518,758,000, representing an increase of approximately 0.1%, as compared to gross profit of approximately HK$518,177,000. Gross profit margin during the period was approximately 35.8%. During the Period under Review, basic earnings per share of the Group was approximately HK11.6 cents. The Board recommended the payment of interim dividend of HK11.0 cents per share.

BUSINESS REVIEW

CHAIN RETAIL STORES

As at 30 June 2026, the Group operated a total of 190 chain retail stores, including 184 chain retail stores in Hong Kong and 6 chain retail stores in Macau, respectively. During the Period under Review, the Group continued to implement its store network optimization strategy to fully showcase its diverse product portfolio, further enhance its overall brand image and provide customers with a more comfortable shopping environment.

Since 2021, the Group has launched its brand of global wine and food stores “FoodVille”, which provides mid-to-high-end, premium food products from around the globe. These include fine wines, premium chocolates, health foods, cheese, Western sauces and ingredients from around the world, aming to cater to the market’s pursuit of a quality of life and expanding the Group’s customer base. As at 30 June 2026, the Group operated a total of 8 retail stores under the brand.

During the Period under Review, the rental expenses (on a cash basis) of the Group’s retail stores accounted for approximately 9.7% of its sales revenue.

THE PRODUCTS

During the Period under Review, the Group adhered to its global procurement strategy, sourcing high-quality products from around the world to provide customers with a diversified range of choices. During the Period under Review, the Group sold over 1,045 brands and more than 3,054 stock keeping units (“SKUs“) of products in total. The Group continuously optimised its product portfolio and actively introduced a variety of new products and flavours to meet customers’ ever-changing needs.

To enrich its product mix and maintain effective control over product quality, supply stability and profit margins, the Group continued to actively develop its private label products. During the Period under Review, sales derived from private label products amounted to approximately HK$277,194,000 (six months ended 30 June 2025: approximately HK$251,203,000), which accounted for approximately 19.1% of the Group’s total revenue for the Period under Review. The Group had a total of 12 private labels covering approximately 272 SKUs of products, including masks, canned Chinese delicacies, cereals, milk, honey, nuts and dried fruits as well as a wide range of leisure food products.

MEMBERSHIP SCHEME AND MARKETING & PROMOTIONAL ACTIVITIES

As at 30 June 2026, the Group had a cumulative total of approximately 2,469,754 registered fans and members (30 June 2025: approximately 2,243,198). As at 30 June 2026, the number of mobile app members reached approximately 1,374,462 (30 June 2025: approximately 1,238,775).

During the Period under Review, the Group continued to carry out a variety of marketing activities, including “Best Price”, “Instant Redemption upon Purchase” and other promotional campaigns, which provided customers with a series of special offers on selected quality products as a way to show its appreciation for their support and effectively enhance customer loyalty. The Group also launched a new brand promotion campaign, namely “Best Mart, Always a Friendly Buy”, in 2026. By integrating online and offline promotional channels, the Group further strengthened its brand image and enhanced its interaction and connection with customers.

The Group also utilised a variety of outdoor media, such as large-scale advertisements at MTR stations and truck wraps, together with marketing strategies on digital media and social platforms, to further increase its brand exposure and market penetration, thereby attracting more new customers to shop at its stores.

In addition, the Group actively fulfilled its corporate social responsibility by partnering with the charitable foundation under China Merchants Group to launch the “Care 360˚” Neighborhood Support Programme, which aids families in need, continuously promotes community care and inclusion and actively puts into practice the core principles of corporate sustainability.

EMPLOYEES

As at 30 June 2026, the Group employed a total of 1,257 full-time and part-time employees (31 December 2025: 1,227). The increase in the total number of employees was primarily due to the Group’s recruitment of additional staff for its newly opened stores. To retain talent and provide its employees with appropriate incentives to enhance their sense of belonging and loyalty, the Group regularly reviews and updates its employee remuneration packages and benefit plans, taking into account labour market supply and remuneration trends as well as individual employee performance. During the Period under Review, the staff costs of the Group (excluding emoluments of the Directors) accounted for approximately 9.6% of its total revenue (six months ended 30 June 2025: approximately 9.7%).

OUTLOOK

Global geopolitical tensions remain high, and uncertainty persists regarding the pace of the external economic recovery. Meanwhile, the active expansion of mainland Chinese e-commerce platforms into Hong Kong has driven the popularity of cross-border online shopping, further intensifying competition in the local retail market. Amid complex and increasingly competitive market conditions, the overall business environment for the retail sector is expected to remain under pressure in the second half of 2026. However, as Hong Kong hosts a series of major international events and exhibitions as well as cultural and sports activities, the number of visitors to Hong Kong and their willingness to spend are steadily recovering. At the same time, consumption of daily necessities has demonstrated strong resilience. Market demand for value-for-money globally sourced food products and healthy snacks continues to grow, presenting the Group with solid development opportunities. Looking ahead, the Group remains cautiously optimistic about its business prospects. To address intense market competition, we are committed to refining operational management, optimizing business processes, and maintaining strict cost controls.

To further strengthen its connection with consumers, the Group officially launched a rebranding campaign in June 2026, adopting “Best Mart, Always a Friendly Buy” as its new core brand value and striving to build a more welcoming, youthful, vibrant and creative brand image. Regarding its store network management, the Group will balance strategic expansion with operational optimization. On one hand, the Group will capitalise on appropriate market opportunities and continue to expand its footprint through a “dual-brand” strategy featuring “Best Mart 360˚” and “FoodVille”, aiming to precisely meet the demand for high-quality food across different customer segments. On the other hand, the Group will adhere to strict capital-return discipline by actively negotiating with landlords for more flexible and reasonable lease terms, while regularly reviewing the operational efficiency of existing stores. Through these efforts, the Group aims to comprehensively enhance the overall profitability of its network and deepen its presence in the mass retail market.

Faced with a complex, ever-changing and highly competitive market environment, the Group is comprehensively exploring and researching the application of artificial intelligence in its business processes, aiming to enhance operational efficiency through innovative technology. The Group will further deepen its online-offline integration strategy, fully leverage the advantages provided by the extensive member database of its mobile app and implement targeted marketing through big data analysis to effectively increase member engagement and overall repeat purchase rates.

In terms of online channels, the Group will strengthen its collaboration with the foodpanda mall platform to ensure a seamless shopping experience. The Group will also remain agile in our operational strategies to optimize overall sales performance.

Guided by its core brand philosophy of “Best Quality” and “Best Price”, the Group will make every effort to expand its upstream supplier network while ramping up the development of its private label products. These initiatives will solidify our competitive pricing advantage while effectively meeting the market demand for daily necessities. The Board is confident that, through prudent yet flexible strategic planning, strong brand appeal and an optimised product portfolio, the Group will successfully enhance customer loyalty. This will steadily drive the business toward sustainable growth, thus creating long-term and robust returns for shareholders.

Hashtag: #BestMart360

The issuer is solely responsible for the content of this announcement.

About Best Mart 360 Holdings Limited

Best Mart 360 Holdings Limited, mainly operates chain retail stores under the brand “Best Mart 360˚”. It offers a wide collection of imported prepackaged leisure foods and other grocery products, principally from overseas. The Group’s business objective is to offer “Best Quality” and “Best Price” products to customers through continuous efforts on global procurement with a mission to provide comfortable shopping environment and pleasurable shopping experience to customers. As at 30 June 2026, the Group operates 190 retail stores that are strategically located across 18 districts in Hong Kong and Macau. In addition, the Group’s new global gourmet store, “FoodVille”, was officially opened in September 2021, which mainly provides globally sourced medium-to-high-end quality food products.

By Nantoo Banerjee The Indian Space Research Organisation (ISRO) is going great guns. The country’s national space agency plans to launch its own independent orbital outpost, named the Bharatiya Antariksha Station (BAS) by 2035. If it succeeds, India will be the only country after China to have an independent space station. Neither the US nor Russia […]

The article India plans own orbital space outpost, second after China appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

Hashtag: #Aolani #AIInfrastructure #TokenFactory #Neocloud

https://www.aolanicloud.com/
https://linkedin.com/company/aolani-cloud

The issuer is solely responsible for the content of this announcement.

Aolani

For more information, visit www.aolanicloud.com and follow @AolaniCloud on LinkedIn.

By TN Ashok India has built fighter aircraft, warships, tanks and some of the world’s most sophisticated missiles, but one weakness has repeatedly haunted its defence-industrial ambitions: engines. The country has been able to design and manufacture airframes, yet propulsion technology has remained heavily dependent on foreign suppliers. The latest agreement between the state-owned Hindustan […]

The article HAL-Safran helicopter engine deal: India breaks import trap? appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

The Group continued to accelerate the large‑scale commercial deployment of its AI capabilities, building system‑level AI capabilities around the framework of “one model system, one Token Factory, and one Agent Harness” to advance AI from intelligence generation toward end‑to‑end task execution and transform these capabilities into scalable commercial value.

Dr. Xu Li, Chairman of the Board and CEO of SenseTime, said: “SenseTime’s three-pillar core capability framework, built around ‘one model system, one Token Factory, and one Agent Harness’, uses a unified model system to continuously push the boundaries of intelligence, leverages infrastructure and optimization capabilities to reduce Token costs and strengthen cost‑based pricing power, and deploys agents deeply integrated into enterprise and individual workflows to deliver complete task execution capabilities. This framework enables SenseTime to move beyond pure price competition and create sustainable commercial value through differentiated technologies and services. At the same time, it allows us to expand our user base, drive recurring revenue growth, and lay a solid foundation for the Group’s high‑quality development.”

One Model System: Advancing Native Multimodal Intelligence and Long‑Horizon Agents with Global Leading Performance

In 2026, SenseTime released a series of models at a rapid pace, spanning native multimodal unification, visual perception and reasoning, controllable generation, long‑horizon agents, spatial intelligence, and physical world models. These included the NEO‑Unify architecture; SenseNova U1, U1.5 and U1.5‑Lite; SenseNova Vision; the office‑focused multimodal agent SenseNova 6.8‑Flash‑Lite; the content creation model SenseNova U1‑Pro; the spatial intelligence model SenseNova SI‑8B; and the Kairos 3.1 world model co‑developed with Ace Robotics. Across multiple core benchmarks, these models matched or outperformed leading international models, including Gemini, GPT, and DeepSeek. Less than four months after the U1 series was open‑sourced, the three projects had collectively garnered more than 11,000 stars on GitHub.

SenseTime is advancing from digital intelligence toward physical AGI through the closed‑loop framework of “architectural innovation, system capabilities, and high‑value delivery,” continuously translating technological breakthroughs into real-world applications and commercial value.

Token Factory: Upgrading from Compute Provisioning to Scaled Intelligence Production

SenseTime’s SenseCore is evolving into a production‑oriented Token Factory. Through integrated model and infrastructure optimization, as well as capabilities in model adaptation, inference optimization, heterogeneous scheduling, energy management and global service delivery, the Token Factory not only expands Token output and lowers unit costs, but also continuously enhances the reasoning, understanding, generation, and execution capabilities embedded in each Token.

In July 2026, SenseCore delivered an average daily Token service volume of 2.4 trillion, representing a YoY increase of approximately 22 times. As of the date of this announcement, the Group’s total deployed computing power had reached 48,000 Petaflops (P).

The Token Factory provides strong support for SenseTime in advancing the performance boundaries of its foundation models and scaling their commercial deployment. It has tripled the training speed for long‑context Agent models, increased image and video generation efficiency sixfold, improved reinforcement learning training efficiency, and shortened the cycle from model R&D validation to large‑scale deployment to just one week. In addition to supporting the SenseNova foundation model, the Token Factory now serves four external foundation model providers, establishing differentiated capabilities across high‑complexity computing domains, including AI for Science (“AI4S”), video generation, embodied intelligence, world models, and city‑level intelligent applications.

In addition, the Group remains committed to advancing the domestic compute ecosystem, increasing the MFU (Model Floating‑Point Utilization) of mainstream domestic chips by up to 2.5 times compared with the baseline levels established by chip manufacturers. SenseNova U1 has achieved Day 0 adaptation across more than ten domestic chip platforms.

Through compute‑energy synergy, the Company continues to reduce the unit cost of intelligence. During the Reporting Period, its Compute‑Energy Synergy Agent achieved load forecasting accuracy of 96% and generated cumulative electricity cost savings of more than RMB12 million. For every 10,000P of computing power, annual carbon emissions were reduced by 24,000 tons.

Agents Accelerate Adoption Across Enterprise and Consumer Markets, Delivering Value Through Workflow Integration and Enhanced Everyday Experiences

Building on its model and Token capabilities, SenseTime connects models, knowledge, tools, and workflows through a unified Agent Harness, transforming underlying AI capabilities into end-to-end task delivery solutions for enterprise and individual users.

The Group’s agents are rapidly expanding across both enterprise and personal workflows. During the Reporting Period, they served more than 1,000 enterprise customers across over 20 key industries, including education, government, marketing, logistics, banking, and insurance. The Office Agent, Raccoon, has served major enterprises including Lenovo, Ping An Technology, China’s three major telecommunications operators, JD.com, and Kylin Software. Total users increased more than fivefold YoY, enterprise users grew more than sixfold, and monthly active users on the cloud platform increased nearly tenfold. In addition, the video‑generation agent Seko reached a daily video production volume of 10,000 minutes. Content created on the platform has amassed an estimated 1.5+ billion views across short‑video platforms, including 10 short-form dramas that have each surpassed 100 million views. AI productivity solutions are also expanding beyond large organizations to serve smaller teams and One‑Person Companies (OPCs). In the consumer market, the Kapi series of agents, covering use cases such as health, finance, and content creation, has surpassed 45 million cumulative users.

Computer Vision remains a strategic gateway for the Group’s expansion into industry verticals and overseas markets. During the Reporting Period, revenue from the business reached RMB500 million, accounting for approximately 17% of the Group’s total revenue. The business extended across more than 20 countries and regions and served more than 4,500 customers worldwide, with recurring customers contributing 67% of revenue.

Bridging Digital and Physical Intelligence, Unlocking Ecosystem Value

SenseTime continued to invest in frontier areas, including world models and embodied intelligence, intelligent terminals, smart healthcare, and chips. The increase in the valuation of certain AI ecosystem investments generated fair‑value gains, contributing to the Group’s first‑ever IFRS profit and reflecting the gradual realization of financial value from our ecosystem assets. Beyond short‑term investment returns, the more significant long‑term value of these ecosystem investments lies in enabling the Group gain early access to frontier domains, continuously acquire real‑world tasks, data, and feedback, and further strengthen SenseTime’s unified multimodal models and system‑level delivery capabilities.

SenseTime is deepening its “Three-pillar Framework”: one model system to raise the ceiling of intelligence and expand agents’ ability to handle complex tasks; one Token Factory to improve quality and efficiency, reduce costs, and enhance global delivery capabilities; and one Agent Harness to integrate multimodal models with the Token Factory, enabling AI to complete end‑to‑end tasks in real-world scenarios.

Looking ahead, SenseTime will continue to advance the iteration of multimodal agents, driving the evolution of the Token Factory from pricing based on Token volume to pricing based on task outcomes. The Group will also deepen the application of multi‑agent collaboration across enterprise, individual, and OPC workflows, delivering efficient and reliable productivity solutions to users.

Hashtag: #SenseTime

The issuer is solely responsible for the content of this announcement.

About SenseTime

Founded in 2014, SenseTime is a leading artificial intelligence (AI) software company, committed to its mission of “creating a better AI-empowered future through original innovation”. The Company continues to lead cutting-edge AI research while accelerating the large-scale commercialization of AI technologies.

Leveraging deep academic expertise and strong in-house innovation capabilities, SenseTime continues to enhance its industry-leading multimodal, multi-task general AI capabilities, while fostering a vibrant developer ecosystem through structured open-source initiatives.

SenseTime’s business spans Generative AI, Vision AI, and emerging innovation-driven segments. Underpinned by SenseCore, its next-generation AI infrastructure, the Company integrates computing power, algorithms, and platforms to enable scalable AI deployment. Building on this foundation, SenseTime has developed the SenseNova foundation model series, delivering cost-efficient capabilities across a wide range of general AI tasks. SenseTime continues to lead the global Vision AI market, ranking No.1 worldwide by market share. Its SenseFoundry platform integrates years of accumulated computer vision expertise with advanced multimodal foundation models, providing stable and efficient Vision AI solutions to industries worldwide.

SenseTime is listed on The Stock Exchange of Hong Kong, with operations spanning more than a dozen countries and regions.

By Subrata Majumder In the post Japanese Yen appreciation era, Japanese overseas investment shifted to China and ASEAN for low-cost manufacturing, leaving India behind. The trajectory is now witnessing movement in the reverse gear, owing to US President Trump’s high reciprocal tariff. Japanese investment has surged in India, leaving China and ASEAN behind. While Japanese […]

The article Trump’s high-tariff regime revives Japanese investment in India appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).

The Finalists’ collections showcase innovative approaches to tackling textile waste, transforming discarded leather offcuts, secondhand hardware and industrial waste through reconstruction and upcycling techniques, while exploring next-generation materials such as biodegradable fruit leather and ethical non-livestock wool to reimagine raw materials for circular fashion.

Organised by Redress and supported by the Cultural and Creative Industries Development Agency (CCIDA) of the Government of the Hong Kong Special Administrative Region as Lead Sponsor, the Redress Design Award invites the public to discover the tactile beauty of circular fashion through its latest photoshoot and cast their votes to champion sustainable fashion while empowering the next generation of circular design talents.

The photoshoot: sensory storytelling

Photographed by acclaimed Hong Kong creative Paul Sunga with hair by Davines and makeup by MakeupBees, the photoshoot celebrates the creative decisions behind each Finalist’s collection, highlighting the unique textures, craftsmanship and natural imperfections of their materials while underscoring why design matters: 80% of a garment’s environmental impact is determined at the design stage^[1].

“The Finalists of the Redress Design Award are proving that thoughtful design can transform textile waste into something beautiful. Getting up close to these garments, you see how every material choice, texture and technique tells a story, reminding us that the biggest opportunity to reduce fashion’s environmental impact begins at the design stage. I can’t wait for people to discover these collections through the photoshoot and vote for their favourite,” says photoshoot photographer Paul Sunga.

The Finalists’ collections are transported from overseas to Hong Kong for the photoshoot and upcoming Grand Final using DHL Express’ GoGreen Plus service. This service helps reduce greenhouse gas emissions through a Book & Claim mechanism, where the environmental attributes of Sustainable Aviation Fuel (SAF) are allocated to participating shipments. Made from alternative raw materials with a lower-emission energy profile, such as used cooking oil, waste and hydrogen, SAF can reduce the air transport shipments’ lifecycle greenhouse gas emissions by around 80 percent compared with conventional jet fuel.

Find out who wins at the grand final show

The People’s Choice Award winner will be announced at the Redress Design Award 2026 Grand Final Fashion Show, along with the coveted first prize including a week-long trip to the UK to connect with leading voices in sustainable fashion through a visit to Simple Approach’s Manchester operations to gain insight into responsible fashion design, development, and manufacturing, and an intensive experience with the team at luxury womenswear brand Roksanda to work on an upcycling design project.

The Redress Design Award 2026 Grand Final Fashion Show is open to an exclusive in-person audience and will be livestreamed globally on 2 September 2026 (Wednesday), at 5pm HKT / 11am CET via Facebook and WeChat. Save the date here.

Alumni showcase at centrestage open to public

Redress will also present a total of six Redress Alumni brands as part of both the Grand Final Fashion Show, and at a showcase of Alumni brands at CENTRESTAGE in Hong Kong from 2–5 September 2026 (Wednesday–Saturday, 11am–7pm) supported by DHL. Industry professionals and the public alike are all welcome to come, meet designers, and see up close their sustainable, waste-reducing collections.

The Redress Design Award 2026 Photoshoot Credits

• Photographer: Paul Sunga
• Models: Pak Yan Wong (Self Management Hong Kong), Max Holmström (Primo Management Ltd)
• Creative Stylist: Matthieu Amelin
• Hair: Henry Tse for Davines
• Make-up: Cindy Lai for MakeupBees
• Production: Katt Bidegain, Charly Cheung, Nancy Liu
• Studio: Soho House Hong Kong
• Lighting: Ming Suet
• BTS videographer: Jimmy Yu
• BTS photographer: Nicky Chan

Hashtag: #Redress

The issuer is solely responsible for the content of this announcement.

Redress

Redress (www.redress.com.hk) is a Hong Kong-based, Asia-focused environmental NGO with a mission to accelerate the change to a circular fashion industry by educating and empowering designers and consumers so as to reduce clothing’s negative environmental impacts.

The Redress Design Award

The Redress Design Award (www.redressdesignaward.com) is the world’s leading sustainable fashion design competition that educates and empowers emerging fashion designers about circular design techniques to reduce fashion’s negative environmental impacts. Organised by Hong Kong-based, Asia-focused environmental NGO Redress since 2011, the competition partners with academic institutions globally and attracts designer applicants from over 50 countries and regions to win prizes that connect them with global-leading fashion businesses to accelerate the change to a circular fashion industry.

Cultural and Creative Industries Development Agency (CCIDA)

The Cultural and Creative Industries Development Agency (CCIDA) (www.ccida.gov.hk), formerly known as Create Hong Kong (CreateHK) since 2009, was established in June 2024. CCIDA is a dedicated office under the Culture, Sports and Tourism Bureau of the Government of the Hong Kong Special Administrative Region (HKSAR Government) to provide one-stop services and support to the cultural and creative sectors with a mission to foster a conducive environment in Hong Kong to facilitate development of the arts, culture and creative sectors as industries. CCIDA’s strategic foci are nurturing talent and facilitating start-ups, exploring markets, promoting cross-sectoral and multi-disciplinary collaboration, promoting industrialisation of the arts, culture and creative sectors under the industry-oriented principle, and fostering a creative atmosphere in the community, thereby reinforcing Hong Kong as Asia’s creative capital and our positioning as the East-meets-West centre for international cultural exchange.

Disclaimer: The Government of the Hong Kong Special Administrative Region provides funding support to the project only, and does not otherwise take part in the project. Any opinions, findings, conclusions or recommendations expressed in these materials/events (or by members of the project team) are those of the project organisers only and do not reflect the views of the Government of the Hong Kong Special Administrative Region, the Culture, Sports and Tourism Bureau, the Cultural and Creative Industries Development Agency, the CreateSmart Initiative Secretariat or the CreateSmart Initiative Vetting Committee.