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Having led 100+ Hong Kong tech firms to SE Asia over the past year, accelerating global expansion through strategic collaboration

HONG KONG SAR – Media OutReach Newswire – 30 April 2026 – Hong Kong Science and Technology Parks Corporation continues to deepen its innovation and technology (I&T) collaboration with Southeast Asia, actively playing an orchestrating role in supporting Hong Kong’s tech firms go global. HKSTP debuted as an official exhibitor at Southeast Asia’s largest public safety conference, Milipol TechX Summit 2026 (MTX 2026). Under the theme “Supercharging Innovation for Our Safer Tomorrow”, MTX 2026 is a strategic platform to advance business opportunities through government-backed collaboration. HKSTP showcased 10 park companies presenting breakthrough public safety solutions and signed a Memorandum of Understanding (MoU) with Singapore’s TechX Ventures (TechX, a private subsidiary by the HTX – Home Team Science and Technology Agency of Singapore) — HKSTP’s first MoU signed with an organization in Southeast Asia — establishing a structured framework to advance cross-border innovation partnerships focused on practical applications in public safety.

Singapore and Hong Kong share a substantive relationship, grounded in regular high-level engagement. These include the Prime Minister of Singapore’s official visit to Hong Kong last month, during which he met with the Chief Executive of the Hong Kong Special Administrative Region and visited the Hong Kong Park of the Hetao Shenzhen-Hong Kong Science and Technology Innovation Co-operation Zone (the Hong Kong Park in the Loop). The I&T connection also features HKSTP-led delegations to Singapore platforms such as Singapore Week of Innovation and Technology (SWITCH) and SLINGSHOT 2025, etc. Over the past year, more than 100 HKSTP park companies explored Southeast Asian opportunities, securing over HK$25 million in confirmed business deals with additional potential contracts exceeding HK$20 million directly supported by HKSTP.

Eric Or, Chief Ecosystem Development Officer, HKSTP, said, “At HKSTP, we enable innovators to solve real public safety challenges where trust and demonstrated results matter most. Collaborating with TechX and Singapore’s Public Safety ecosystem gives ventures faster access to decision-makers, enables solution testing in operational environments, and supports scaling validated technologies across Asia.”

Eric Chua, Chief Executive Officer, TechX Ventures said: “SPINN District was designed to be more than a startup village — it is a proving ground where bold founders showcase innovations that matter. Seeing HKSTP’s park companies engage meaningfully with the global public safety ecosystem at MTX 2026 reflects exactly the kind of cross-border momentum we built this platform for. This MoU marks the beginning of something lasting: a structured pipeline that turns innovation into operational impact, as we work together to build a safer world.”

The collaboration between HKSTP and TechX is aimed to establish a comprehensive framework to identify, co-create, and validate operational public safety solutions. Under the partnership, HKSTP and its counterparts will move from identified needs to real deployment through annual solution scouting visits to Hong Kong Science Park, funding of around HK$600,000 (S$100,000) per company for proof-of-concept trials with Singapore Public Safety experts, and an ongoing exchange of challenges and insights. This demand-led model accelerates problem-solution fit and reinforces HKSTP’s leadership in regional safety technology collaboration.

The HKSTP Pavilion, themed “Hong Kong’s Technology for Public Safety and Security — Global Application and Global Impact,” featured 10 park companies showcasing solutions proven in deployments across Hong Kong enforcement departments, the Greater Bay Area, and Singapore-related projects. Cutting-edge public safety technologies were showcased across AI-Driven & Robotics, Network & Communications Infrastructure, and Drones, Unmanned Aerial Vehicle (UAV) & Low-altitude Economy (LAE). MTX is the largest public safety conference in Southeast Asia, the HKSTP pavilion is strategically positioned within the startup-centric SPINN District, effectively facilitated targeted engagements, secured curated matching opportunities with Singapore government agencies for each participating company, and advanced pilot projects and partnerships.

Park companies eSIX and Weitu AI participated in the signature global innovation challenge Dimension X Cohort 6 and the inaugural cohort of the In-Beta tech verification capability programme organized by Hatch, the innovation centre of Singapore’s HTX, achieving significant success. These companies were the only Hong Kong representatives selected for the programmes, underscoring the global competitiveness and real-world impact of Hong Kong’s innovation ecosystem. eSIX, which delivers patented high-speed networking for Industrial IoT and 5G-enabled remote machine control, was awarded a place at Dimension X. The company received S$100,000 in prize money to complete a four-month proof-of-concept and was invited to showcase its solutions. Weitu AI, which provides world-leading multimodal video understanding for fast, accurate analysis across industries was awarded a place at In-Beta, received S$30,000 in prize money with opportunities to verify their promising tech through rapid experimentation and onsite demo.

Building on existing engagement across the region, HKSTP will continue to strengthen collaboration with regional partners, expand support for park companies, and promote technology‑driven solutions that enhance safety and resilience. The initiative reflects HKSTP’s ongoing commitment to fostering sustained innovation and regional cooperation.

Hashtag: #HKSTP

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

About Hong Kong Science and Technology Parks Corporation

Hong Kong Science and Technology Parks Corporation (HKSTP), established in 2001, has built a thriving innovation and technology (I&T) ecosystem in Hong Kong, supporting 12 unicorns, nurturing over 17,000 research talents, and hosting more than 2,500 technology companies from 26 countries and regions specializing in biomedicine, AI and robotics, fintech, and smart city development. HKSTP is dedicated to positioning Hong Kong as an international I&T hub.

To align with Hong Kong’s future development, HKSTP is committed to attracting and cultivating I&T talent, accelerating the commercialization of innovative outcomes, and providing comprehensive support for technology companies and professionals on their innovation journey. Its vibrant I&T ecosystem continues to grow, encompassing Hong Kong Science Park in Pak Shek Kok, InnoCentre in Kowloon Tong, and three InnoParks in Tai Po, Yuen Long, and Tseung Kwan O. These facilities drive advancements in applied technology, focusing on industries such as advanced manufacturing, micro- electronics, and biotechnology, steering Hong Kong toward new industrialization.

Hong Kong Science Park Shenzhen Branch, located in Futian, Shenzhen, leverages the strategic advantage of “support of the Motherland, connecting to the world.” It serves as a bridge for “bringing in and going global,” actively fostering cross-border I&T collaboration. The Shenzhen Branch supports global technology companies and professionals by providing research and collaboration spaces, with a focus on enterprises in seven key sectors: Medtech, big data and AI, robotics, new materials, microelectronics, fintech, and sustainable development.

HKSTP is dedicated to advancing Hong Kong’s I&T development by providing research infrastructure, startup and enterprise support services, professional investment and business expertise, fostering partnership networks, and attracting top talent. These efforts drive innovation as a new engine for economic growth for Hong Kong.

More information about HKSTP is available at www.hkstp.org.

About TechX Ventures

TechX Ventures is a wholly owned subsidiary of Singapore’s Home Team Science & Technology Agency (HTX) that operates at the intersection of government mandate and entrepreneurial drive. TechX serves as the engine behind a thriving innovation ecosystem where cutting-edge science and technology are put to work protecting people.

At the heart of it, TechX is established to connect global innovators and partners in advancing public safety innovation. Guided by our Safer World philosophy — the belief that progress means nothing if it doesn’t safeguard public safety — TechX approaches safety not as a sector, but as a shared mission. This conviction shapes every partnership forged, every programme designed, and every measure of success. Safety, at TechX, is our purpose.

TechX delivers its mission through two core areas of expertise: to build and to connect. TechX designs and develops innovation initiatives and programmes alongside partners from across the globe, including flagship platforms such as HTX’s Innovation Centre, Hatch — a structured innovation centre that gives frontier deep-tech a clear pathway to validate and deploy solutions for real public safety challenges. TechX also bridges industry, startups, and government agencies into a global network, producing landmark events such as Millipol TechX, and bringing international communities like DEF CON® to Singapore for the first time.

With active partnerships spanning over 30 ecosystems globally — from Hong Kong to South Korea, and the United States, TechX sits at the heart of a growing worldwide alliance united by one ambition: Bringing Together a Safer World.

AI Training AI: Reshaping Intelligent Modeling

HONG KONG SAR – Media OutReach Newswire – 28 April 2026 – Phancy Group Co., Ltd. (Stock Code: 6682.HK), a leading Artificial General Intelligence (AGI) company, today announced the launch of PhanthyModel, a powerful new AI tool built specifically for scientists, engineers, and developers.

By enabling AI to train and refine models, PhanthyModel tackles one of the biggest pain points in complex modeling: the long hours and heavy reliance on expert experience. The launch marks a significant step forward in the Company’s push toward “AI autonomous evolution.”

In research and industrial settings, modeling is a critical step for predicting outcomes, simulating experiments, and analyzing data. Traditionally, building a model often takes experts five to six hours or more to complete a single project. With PhanthyModel’s end‑to‑end automation, the same work can now be completed in about 10 minutes.

This innovation represents a fundamental shift in how AI works: moving from a passive assistant to an active collaborator that continuously learns and improves through real-world use. For organizations in scientific research, engineering, manufacturing, and data analysis, PhanthyModel significantly lowers the barriers to advanced modeling, accelerates experimentation and R&D cycles, and helps turn innovative ideas into reality much faster.

Hashtag: #Phancygroup

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

About Phancy Group

Phancy Group (6682.HK) is a leading full-stack AI cloud services platform, providing comprehensive solutions for the AI 2.0 era. Its offerings include SageAIOS, HAMi vGPU, and ModelHub XC, delivering efficient and scalable AI infrastructure with end-to-end capabilities. The Company provides a complete solution from heterogeneous compute resource management and optimization to the deployment of intelligent agent models. These solutions empower digital transformation across a wide range of industries, supporting the Company’s vision of building a large-scale and efficient “Token Factory.”

Guided by the mission of “AI for Everyone” and positioned as the “Navigator of AI,” Phancy Group is committed to becoming a global leader in general-purpose artificial intelligence.

The program has brought in local recycling startup The Loops Hong Kong (“The Loops”) as its strategic partner. By leveraging advanced recycling equipment and a well-established processing system, the initiative introduces a breakthrough approach—rinse-free recycling. Customers no longer need to wash out bottles or disassemble components. Instead, they simply hand over used fragrance bottles or skincare cosmetics containers to store staff for collection. The materials are then sent to The Loops’ Hong Kong facilities for processing and ultimately transformed into recycled resources—lowering the barrier to recycling and making participation far more convenient.

Hong Kong’s first rinse-free recycling program

“Green is Eternal” is built on two key advantages: rinse-free and all brands. It greatly simplifies the recycling process—customers do not need to wash away any residue left in the bottles, nor do they need to remove decorative elements from packaging. Eligible glass or plastic bottles can be handed directly to store staff at designated Eternal Beauty locations to complete the recycling process.

The eligible recycling scope includes fragrance bottles, skincare product bottles, home fragrance bottles, and cosmetics packaging from various brands. Excluded from the program are personal care products (such as shampoo and hair-care products, body wash, body-care products, aerosol spray containers, and makeup tools), as well as fragrance bottles with a capacity of less than 10ml.

To encourage widespread public participation, the program features an incentive mechanism: for every eligible fragrance or skincare cosmetics bottle recycled, customers receive an electronic stamp. After collecting 10 electronic stamps, they can redeem them for a shopping voucher.

The program is already up and running at the Group’s eight outlets and offices across Hong Kong. The Group has also provided dedicated environmental recycling training for frontline staff to ensure the recycling process is standardized, efficient, and seamlessly woven into everyday customer service. Throughout the year, the Group will collaborate with a local charity to host recycling facility tours, guiding the public and students through the inner workings of recycling operations—raising environmental awareness and helping cultivate lasting recycling habits.

Beyond recycling: Advancing sustainability at the community level

“Green is Eternal” is more than an environmental recycling initiative—it is a structured sustainability project that blends retail-based education with deep community engagement. According to industry data, packaging is one of the major sources of carbon emissions in the sector. Furthermore, recycling fragrance and makeup bottles poses significant challenges due to the complexity of residual ingredients, which limits the adoption of recycling practices and results in persistently low voluntary recycling rates for these containers.

Drawing on its industry expertise, the Group partners with The Loops to tackle the challenges of traditional recycling through professional technology. The company also works with community organizations to build an educational and awareness platform, bringing employees, community members, and students into recycling facilities for in-depth environmental learning, while encouraging the public to integrate recycling into daily life. The goal is to establish a sustainable corporate model that is both socially responsible and environmentally friendly.

Wendy Lau, Executive Director of Eternal Beauty and Chairperson of its ESG Committee of the Group, commented: “Understanding the core challenge in traditional recycling systems—that customers are required to put in effort to clean bottles—explains why many people give up on participation. We are delighted to work with The Loops, whose advanced recycling system and equipment can effectively address the impact of residual ingredients in fragrances and cosmetics, truly enabling rinse-free recycling. We hope this program motivates more customers to take the initiative in environmental protection and, together with our partners, promotes sustainable development across the fragrance and beauty industry.”

Jorch Wong, Founder of The Loops Hong Kong, added: “This program marks a major milestone for sustainability in the fragrance and beauty industry. In recent years, while the number of recycling programs has increased, recycling fragrance and beauty packaging has remained difficult and cumbersome, leading to persistently low recycling rates for this category. As an industry leader, Eternal Beauty has proactively taken the lead in launching Hong Kong’s first rinse-free recycling program. This not only strengthens consumers’ environmental awareness but also helps the public build long-term recycling habits—an important encouragement for the entire recycling industry and a replicable model for sustainable development.”

As a leader in China’s fragrance industry, the Group fosters sustainable development through four key pillars: Environment, People, Product, and Community, while actively fulfilling its corporate social responsibility. Following the successful launch of “Green is Eternal” in Hong Kong, the Group aims to expand the program to its distribution points across Mainland China within the year—strengthening environmental collaboration between Hong Kong and Mainland markets, extending the program’s environmental impact, and encouraging the broader industry to move toward sustainability.

Note: The recycling scope does not include personal care products (such as shampoo and hair-care products, body wash, body-care products, aerosol spray containers, and makeup tools), nor fragrance bottles with a capacity of less than 10ml.

Green is Eternal Collection Points:

For campaign details, please visit https://www.eternal.hk/green-is-eternal/campaign.

Hashtag: #EternalBeautyHoldings

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

About Eternal Beauty Holdings Limited (Stock Code: 6883.HK)

Eternal Beauty Holdings Limited is the largest perfume group (apart from brand-owner perfume groups) in China (including Hong Kong and Macau) in terms of retail sales in 2023. It primarily sells and distributes products procured from third-party brand licensors, and deploys market for these brand licensors, offering such services as brand management, and designing and implementing customized market entry and expansion plans for their brands. The Group boasts large and diversified brand portfolios that include not only perfumes, but also color cosmetics, skincare products, personal care products, eyewear and home fragrances. As at 30 September 2025, it conducted product distribution and market deployment for a total of 74 external brands, including Hermès, Van Cleef & Arpels, Chopard, Albion and Laura Mercier, with products in different pricing tiers and of versatile features that meet the differentiated demands of consumers in Chinese Mainland, Hong Kong and/or Macau.

About The Loops Hong Kong

The Loops, founded in 2019, is Hong Kong’s premier one-stop recycling center, offering door-to-door collection, sorting, and reporting. Handling over 40 recyclable types in a single basket, we simplify waste management for homes and businesses, provide real-time ESG data, innovative food waste recycling, and dirty recycling services, fostering sustainable practices. The Loops also empowers disadvantaged homemakers with flexible work, supports families, and transforms waste into resources for a sustainable future through a circular economy.

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