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Refreshed five-year Encompass roadmap highlights accelerated fleet decarbonisation and proactive talent integration as key competitive advantages

HONG KONG SAR – Media OutReach Newswire – 17 June 2026 – The Caravel Group, a diversified global conglomerate with core businesses in maritime services, commodity trading and investment management, today released its fifth annual Responsibility Report, Encompass. The report details the Group’s progress, key achievements and future targets in running a sustainable and resilient business, with a particular focus on its ship management subsidiary, Fleet Management Limited.

Caravel SustainabilityReport2025 Main Cover

Guided by the four core pillars of the Encompass strategy—Navigating Responsibly, Evolving Environmental Stewardship, Safeguarding People and Working Together—the 2025 report demonstrates how the Group has successfully translated high-level ESG ambitions into measurable, accountable day-to-day operational practices across ship and shore.

Dr. Harry S. Banga, Founder & Executive Chairman of The Caravel Group, said: “Five years ago, we established Encompass as our guiding compass. This fifth annual report is a testament to how we have built a business trusted to perform responsibly, adapt with discipline and remain relevant in a volatile maritime industry. By formally embedding ESG metrics into performance reviews for all onshore employees and establishing strategic initiatives like our LNG bunkering joint venture, we have ensured that responsibility and performance are no longer separate conversations.”

Key Sustainable Milestones in 2025:

1. Evolving Environmental Stewardship & Accelerated Decarbonisation

  • The Group achieved a 42% reduction in managed ship GHG emission intensity from its 2008 baseline, significantly exceeding its established 2030 target of a 30% reduction.
  • Currently, 74% of the managed fleet is equipped with advanced Energy Saving Devices (ESDs), including high-performance hull paint, Propeller Boss Cap Fins (PBCFs) and variable speed motors, keeping the Group firmly on track to equip 100% of its fleet by 2030.
  • The Caravel Group entered a strategic joint venture with Celsius Shipping to co-own and operate a new fleet of high-specification LNG bunkering vessels, supporting the maritime sector’s wider transition towards cleaner fuels.

2. Navigating Responsibly & Digital Innovation

  • The Group continued the active pilot deployment of Captain’s Eye, an AI-powered maritime safety solution using onboard CCTV to detect smoke, leaks and safety hazards in real-time.
  • Upgrades to PARIS (integrated fleet management platform) and NOVA (data analytics) provided vessel owners with real-time financial, EU ETS and FuelEU Maritime compliance reporting, bolstering transparency and proactive risk management.

3. Safeguarding People & Safety Excellence

  • Port State Control (PSC) detentions across the fleet plummeted from 22 in 2023 to just 5 in 2025, driven by the Group’s increasingly rigorous safety protocols and strengthened reporting discipline.
  • The Group recorded an exceptional 91% wellbeing score in its annual employee survey, surpassing its 78% target set for 2028 ahead of schedule.

4. Working Together, Talent & Community Engagement

  • Following its landmark acquisition of the International Maritime Institute (IMI) in India, the Group integrated a highly reliable, Group-aligned talent channel, welcoming over 500 job-ready cadets to Fleet Management in 2025.
  • The Caravel Group recorded a 92% employee engagement score and a 93% Diversity, Equity and Inclusion (DEI) score.
  • In line with its pledge to commit at least 2% of average net profits over the previous three years to social causes, the Group contributed USD 1,529,993 to community partnerships, education initiatives and disaster relief programmes.

Mr. Angad Banga, Group Chief Executive Officer of The Caravel Group, added: “In today’s market, sustainability is no longer a future consideration—it is an active operating condition. Regulatory frameworks like FuelEU Maritime and EU ETS carry real economic consequences, and our clients look to us for the systems, judgment and commercial depth to navigate this landscape. By pairing digital tools with a robust talent pipeline through the IMI, we are building organisational capability before the moment it is needed, creating a lasting competitive advantage.”

To explore the detailed performance data, future targets, and the full version of the Encompass: Responsibility Report 2025, please visit The Caravel Group Website: https://www.caravel-group.com/our-impact/responsibility-reports

Hashtag: #FleetManagementLimited

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

About The Caravel Group Limited

The Caravel Group, headquartered in Hong Kong, is a privately held and globally diversified group with operations across maritime services, dry bulk commodity trading, institutional investment management, and philanthropy. Its maritime division includes Fleet Management Limited, one of the world’s largest third‑party ship managers, with more than 500 vessels under management, and strategic investments, including a major stake in Pacific Basin (HKEX: 2343). Caravel also owns the International Maritime Institute (IMI) in India, reinforcing its commitment to maritime talent development. Through Caravel Asset Management, the Group invests globally across public markets and private equity, while its philanthropic arm, The Caravel Foundation, supports the education and well-being of underprivileged youth across Hong Kong, China, and India.

Learn more:

About Fleet Management Limited

Fleet Management Limited, part of The Caravel Group, is one of the world’s largest third‑party ship managers, with more than 500 vessels under management. This scale bears testament to the resilience and commitment of thousands of seafarers and onshore maritime professionals serving shipowners worldwide.

Fleet manages a range of vessels, including bulk carriers, containers, car carriers, oil tankers, gas carriers and chemical tankers from 600 to 320,000 DWT in size – with many being young and energy-efficient with an age profile below the industry average. The company also has a dynamic newbuilding supervision department.

Learn more:

SINGAPORE – Media OutReach Newswire – 17 June 2026 – As entrepreneurship continues to play an increasingly important role in economic growth and innovation, students considering entrepreneurial careers face important decisions about their educational pathways. Beyond acquiring academic qualifications, aspiring entrepreneurs require a combination of business knowledge, analytical capabilities, leadership skills and adaptability to navigate evolving market conditions.

Higher education institutions play a key role in supporting this development by providing students with opportunities to build both foundational knowledge and specialised expertise. Through collaborations with international university partners, SIM Global Education (SIM GE) offers a range of academic pathways across business, management, analytics, marketing and related disciplines that can support students with entrepreneurial aspirations.

Understanding the Educational Choices Available
The growing variety of higher education options presents both opportunities and challenges for students. While many may have an interest in entrepreneurship or business, determining the most suitable academic pathway is often less straightforward.

Entrepreneurship today extends beyond the traditional concept of starting a business. It can encompass leading innovation within established organisations, developing new products and services, scaling family-owned enterprises, creating social ventures, or participating in emerging start-up ecosystems. As a result, students are increasingly seeking educational pathways that align with their individual interests, strengths and long-term goals.

A well-informed educational choice can help students develop the competencies most relevant to their intended career direction, whether that involves business leadership, digital innovation, market expansion or social impact.

Building a Foundation Through Business Education
A business-related degree can provide aspiring entrepreneurs with a broad understanding of how organisations operate. Entrepreneurs need to understand markets, customers, finance, operations, competition and strategy. They also need to make decisions with limited resources and adapt quickly when business conditions change.

At SIM GE, business-related programmes allow students to explore fields such as analytics, strategy, marketing and management. These areas are relevant to students who want to develop a practical understanding of how businesses are built, managed and grown.

For students who are still exploring their future direction, a business pathway can provide flexibility. It can prepare them for employment, support future postgraduate or professional learning, and build a foundation that may later be applied to entrepreneurial ventures.

Management programmes for future leaders and founders
Entrepreneurship is often associated with ideas, innovation and opportunity. However, successful ventures also depend on effective management. Founders must lead people, manage resources, build processes, work with partners and make decisions that affect the long-term sustainability of the business.

Management-focused programmes are therefore especially relevant for students who want to understand how organisations are led and how teams work together. Such programmes can help learners develop perspectives on leadership, planning, decision-making and organisational effectiveness.

For future entrepreneurs, management knowledge is important because a strong idea must eventually be supported by the ability to execute. Whether students later start their own businesses or lead innovation within existing organisations, management capabilities can help them turn ambition into action.

The Growing Importance of Data and Analytics
As organisations become increasingly data-driven, analytical capabilities have become a valuable component of entrepreneurial decision-making. Entrepreneurs are expected to evaluate market opportunities, understand customer behaviour and assess business performance using data and technology.

Analytics-related programmes can help students develop these capabilities, enabling them to make more informed decisions and respond effectively to changing business conditions. Such skills are particularly relevant for those interested in digital business, e-commerce, technology ventures and business intelligence.

Marketing and international business for market-ready ventures
A strong business idea also needs a clear target market and a business strategy to back it up . Students who are interested in brand-building, customer engagement, communications or market expansion may benefit from marketing and international business-related pathways.

Marketing-focused learning can help students understand consumer behaviour, positioning, customer experience and value creation. International business exposure can help students think beyond a single market, especially in a region such as Southeast Asia where businesses often need to understand cross-border opportunities.

For future entrepreneurs, these perspectives can support the development of ventures that are customer-focused, market-aware and better prepared for regional or global growth.

Entrepreneurship and Social Impact
Entrepreneurship is increasingly being viewed through a broader lens that includes social and environmental outcomes. Alongside commercial objectives, many entrepreneurs are seeking to address societal challenges and contribute to sustainable development.

Initiatives such as the Dr Richard K M Eu – SIM Social Entrepreneurship Centre reflect the growing interest in social innovation and impact-driven enterprise. Exposure to these concepts can help students explore how entrepreneurial thinking can be applied to create sustainable solutions for communities and society.

Preparing for the Future
While there is no single educational pathway that guarantees entrepreneurial success, the most appropriate route depends on an individual’s interests, strengths and aspirations. However, regardless of specialisation, future entrepreneurs will require a combination of technical knowledge, critical thinking, adaptability, leadership and communication skills.

As Singapore continues to strengthen its position as a hub for enterprise, innovation and regional business activity, education remains an important foundation for entrepreneurial development. By providing access to diverse academic pathways and internationally recognised programmes, institutions such as SIM GE support students in making informed decisions and developing the capabilities needed to navigate an increasingly complex and dynamic business environment.

For many aspiring entrepreneurs, the journey begins not with the launch of a venture, but with the educational choices that help shape future opportunities.

References

  1. SIM GE University Partners – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/university-partners-sim-ge
  2. SIM Global Education – https://www.sim.edu.sg/degrees-diplomas/overview
  3. SIM GE Business Programmes – https://www.sim.edu.sg/degrees-diplomas/programmes/disciplines/business
  4. SIM GE Management Programmes – https://www.sim.edu.sg/degrees-diplomas/programmes/disciplines/business/management
  5. SIM GE Business Analytics Programmes – https://www.sim.edu.sg/degrees-diplomas/programmes/disciplines/business/business-analytics
  6. SIM Social Entrepreneurship Centre – https://www.sim.edu.sg/degrees-diplomas/sim-global-education/ressec
  7. The Future of Job 2025 Report – https://www.weforum.org/publications/the-future-of-jobs-report-2025/digest/
  8. SkillsFuture Critical Core Skills – https://jobsandskills.skillsfuture.gov.sg/frameworks/critical-core-skills
  9. Singapore Ranks 4th Global Startup Ecosystem – https://www.enterprisesg.gov.sg/-/media/esg/files/media-centre/media-releases/2025/may/mr02125_singapore_ranks_as_4th_best_global_startup_ecosystem.pdf

Hashtag: #SIMGlobalEducation #SIMGE #GlobalEducation #InternationalDegree #CareerReady #FutureSkills

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

About SIM Global Education

SIM Global Education (SIM GE) is a leading private education institution in Singapore and the region. We offer more than 140 academic programmes ranging from diplomas and graduate diploma programmes to bachelor’s and master’s degree programmes with some of the world’s most reputable universities from Australia, Canada, Europe, United Kingdom, and the United States. SIM GE’s cohort is made up of 17,000 full- and part-time students and adult learners, of which approximately 41% are international students hailing from over 50 countries.

SIM GE’s holistic learning approach and culturally diverse learning environment aim to equip students with knowledge, industry skills and employability competencies, as well as a global perspective to succeed as future leaders in a fast-changing, technologically driven world.

For more information on SIM Global Education, visit

Harnessing Innovative Technologies to Drive Cultural Mobility and Foster Global Exchange

HONG KONG SAR – Media OutReach Newswire – 16 June 2026 – The Hong Kong University of Science and Technology (HKUST), in collaboration with the Center for Metaverse and Computational Creativity at HKUST(Guangzhou), presents the SURREALITY Mixed Reality (MR) × Artificial Intelligence (AI) Digital Art Cross-City Exhibition. As part of HKUST’s 35th-anniversary celebrations, an exclusive media preview of the world’s first large-scale, cross-regional MR × AI digital art exhibition was held at the University’s Clear Water Bay campus.

Showcasing selected works by renowned international and Chinese Mainland digital artists, as well as faculty and students from both campuses, the exhibition integrates creativity with Virtual Reality (VR), MR, and AI technologies. It transforms the campus into a global hub for arts innovation and technological excellence.

The exhibition will open at HKUST(GZ) tomorrow and run through July 31, 2026, before returning to Hong Kong for public engagement. This exhibition exemplifies HKUST’s visionary commitment to driving cultural mobility and fostering international exchange through innovative technologies.

Prof. Nancy IP, President of HKUST, remarked, “This event signifies a major milestone for HKUST in its pursuit of integrating technology, humanities, and cross-regional innovation. The national 15th Five-Year Plan released this year explicitly supports Hong Kong in deepening its development as the East-meets-West centre for international cultural exchange. In 2024, the HKSAR Government also introduced the Blueprint for Arts and Culture and Creative Industries Development, outlining plans to develop diverse arts and culture industries with an international perspective, and to establish international platforms that foster East-meets-West arts and cultural exchanges. Local universities play a pivotal role in advancing these initiatives.”

“HKUST’s Strategic Plan 2031 identifies the integration of innovation and the humanities as a key direction for the University’s future development. In line with this vision, we established Hong Kong’s first Division of Arts and Machine Creativity, which is committed to creating an innovative platform that fosters the fusion of technology and art while nurturing a new generation of creative talent with strong interdisciplinary perspectives. Hosting initiatives such as SURREALITY and the HKUST AI Film Festival exemplifies this direction and is poised to develop into prominent international platforms that fosters arts and cultural exchanges between China and the rest of the world,” she added.

Prof. Lionel NI Ming-Shuan, President of HKUST(GZ), stated, “‘SURREALITY’ is not only the world’s first large-scale MR × AI art exhibition, but also a powerful showcase of the strengths of HKUST and HKUST(GZ) in interdisciplinary studies and computational creativity. As a flagship initiative under the ‘One HKUST, Complementary Campuses’ framework, the two campuses have welcomed artists and young creators from 23 countries and regions, redefining the boundaries of knowledge production and artistic expression through the seamless fusion of the virtual and the real. At a time when the nation is strategically advancing future industries and the Greater Bay Area is accelerating the development of new quality productive forces, the digital ‘Portal’ connecting Clear Water Bay and Nansha represents far more than a technological breakthrough—it embodies a forward-looking model of educational collaboration, where engineering converges with aesthetics, algorithms with poetry, and global vision with local engagement. At thirty-five years old, HKUST remains youthful and dynamic. Guided by this founding aspiration, HKUST(GZ) will continue to advance in step with HKUST, writing a new chapter of integrated innovation and talent development in the Greater Bay Area.”

SURREALITY showcases the integration of AI-generated artworks with the physical campus environment, creating an immersive experience through spatial computing and real-time rendering technologies. Across the two campuses, nearly 50 works by more than 70 digital artists from the United States, Germany, Russia, Australia, Bolivia, Singapore, Korea, the Chinese Mainland, and Hong Kong are featured. Presented in innovative and striking forms, these exceptional works from around the world highlight HKUST’s strong commitment to advancing interdisciplinary integration.

Today, 19 selected works premiered at the Clear Water Bay campus, where MR-enhanced creations transform the HKUST campus into an immersive, technology-driven art space. By wearing MR headsets, visitors can freely explore three exhibition areas: Living Currents, Future Fables, and Beyond Mind. Several projects created by HKUST(GZ) faculty and students stand out as highlights, with The Gate—built on a metaverse concept—emerging as the centerpiece of the exhibition. As the armillary sphere slowly turns and the portal comes into view, visitors can step inside and instantly traverse the virtual spaces of both campuses, experiencing a groundbreaking sense of cross‑campus, seamless connectivity that embodies the vision of “One HKUST, Complementary Campuses.” Another featured work, Kunpeng, symbolizes a spirit of boundless freedom. A giant fish leaps from the nearby Port Shelter in Sai Kung and transforms into a soaring roc that ascends powerfully into the sky. Its majestic presence delivers a striking visual spectacle. The piece The Twinworld Tree creates a dynamic living system formed by the World Tree and virtual life, symbolizing the interdependence of all things, like the tides.

The exhibition also features an MR recreation of a classic work—GFP Bunny, created by internationally acclaimed contemporary artist, Prof. Eduardo KAC, who is also Professor of Art and Technology Studies at the School of the Art Institute of Chicago. Since its debut, this piece has sparked global reflection on genetic modification, bioethics, and the boundaries of art. Mr. ZHANG Yishuai, a PhD student in the Thrust of Computational Media and Arts at HKUST(GZ) and a computational artist, presents Echoes of Earth 2.0, offering a forward-looking perspective on AI and interstellar civilizations. This work enriches the exhibition with a visionary reflection on humanity’s aspirations for the future.

Several VR digital art pieces are also on display, including Astra, created by Ms. Eliza MCNITT— Venice Immersive Grand Prize winner and renowned American writer and director—which offers visitors a unique journey of exploration into the universe. Mr. Benedict YU, a VR visual artist from Singapore, presents Mother’s Body Remembers, utilizing LiDAR to capture movements and combining VR with tactile interaction to rekindle visitors’ memories of family connections. The HKUST XRIM Lab‘s work, Unfolding Touch, enables a soft-robot-mediated handshake between the Clear Water Bay and Guangzhou campuses, integrating sensing and tactile replication to create a shared touch experience across distance. Other works include My Flower, which invites viewers to experience the daily challenges faced by people with Alzheimer’s disease. A short animation, The Cat Ghost, which narrates the relationship between ancient Chinese people and cats from the Western world, is also screened.

Prof. Pan HUI, Chair Professor of Emerging Interdisciplinary Areas at HKUST, Acting Head and Chair Professor of the Thrust of Computational Media and Arts, and Director of the Center for Metaverse and Computational Creativity at HKUST(GZ), introduced the core concept of “SURREALITY.” He explained that as technologies such as AI, spatial computing, and MR rapidly evolve, digital worlds are transcending screens into real spaces and becoming deeply integrated into people’s daily life. SURREALITY explores a new form of reality that may emerge in the future—a scenario where the virtual and the physical are no longer distinctly separate but collectively form the environments in which we perceive, interact, and live. Through artistic creation and immersive experiences, the exhibition offers audiences a glimpse into this transformative vision, prompting reflection on how technology is reshaping humanity’s understanding of reality.

The exhibited works come from numerous internationally renowned artists, showcasing the remarkable fusion of creative arts and digital technology. Several prominent participating artists also joined today’s event to introduce their works, fostering cross-regional cultural and arts exchanges. They include Prof. Benjamin SEIDE, media artist, VFX expert, and Associate Professor in the School of Art, Design and Media at Nanyang Technological University; Ms. Katerina SEMENKO, a Russian conceptual phygital artist and International Design Award recipient; and Dr. Adam NASH, an Australian digital virtual artist and Honorary Fellow of RMIT University.
Hashtag: #HKUST #HKUST(GZ)

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

About The Hong Kong University of Science and Technology

The Hong Kong University of Science and Technology (HKUST) () is a world-class university known for its innovative education, research excellence, and impactful knowledge transfer. With a holistic and interdisciplinary pedagogy approach, HKUST was ranked 6th in the QS Asia University Rankings 2026, 3rd in the Times Higher Education’s Young University Rankings 2024, and 19th globally and 1st in Hong Kong in the Times Higher Education’s Impact Rankings 2025. Eleven HKUST subjects were ranked among the world’s top 50 in the QS World University Rankings by Subject 2026. In addition, in the Times Higher Education World University Rankings by Subject 2026, HKUST’s Computer Science discipline which encompasses areas such as artificial intelligence and machine learning, has been ranked No. 1 in Hong Kong for ten consecutive years. Our graduates are highly competitive, consistently ranking among the world’s top 30 most sought-after employees. In terms of research and entrepreneurship, over 80% of our work was rated “internationally excellent” or “world leading” in the Research Assessment Exercise 2020 of the Hong Kong’s University Grants Committee. As of May 2026, HKUST members have founded over 1,900 active start-ups, including 11 Unicorns and 22 exits (IPO or M&A).

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HANOI, VIETNAM – Media OutReach Newswire – 16 June 2026 – Vietnam National Chemical Group (Vinachem) has been recognized for the first time in the 2026 Fortune Southeast Asia 500 (Fortune SEA 500) ranking, marking a significant milestone in the Group’s development journey and reaffirming its position as one of Vietnam’s leading industrial corporations on the regional economic landscape.

Vinachem Recognized In The 2026 Fortune Southeast Asia 500 Ranking

According to Fortune, Vinachem ranked 148 among Southeast Asia’s 500 largest companies in 2026. This marks the third year that Fortune has published the Southeast Asia 500 ranking, recognizing companies that demonstrate scale, operational excellence, and significant contributions to regional economic development. The list ranks companies based on total revenue across seven countries in the region, including Vietnam, Indonesia, Thailand, Malaysia, Singapore, the Philippines, and Cambodia.

Based on Fortune’s report, Vinachem recorded revenue of USD 2.332 billion and profit of USD 103.8 million in 2025. These results reflect the Group’s solid financial foundation, resilience in responding to market fluctuations, and the effectiveness of its restructuring and productivity improvement efforts across the organization.

Mr. Nguyen Huu Tu, Chief Executive Officer of Vietnam National Chemical Group (Vinachem), said:”Vinachem’s inclusion in the Fortune Southeast Asia 500 ranking as early as 2026 represents a significant milestone in the Group’s development journey. It is a tangible outcome of our determined efforts to implement the directives set forth by the Politburo in Resolution No. 79-NQ/TW dated January 6, 2026, which aims to have 50 state-owned enterprises ranked among Southeast Asia’s 500 largest companies by 2030.

This recognition not only acknowledges the efforts of nearly 20,000 employees, engineers, and workers across Vinachem in driving innovation, transformation, and sustainable development, but also reflects the growing competitiveness of Vietnamese industrial enterprises in the regional integration process.

The achievement provides further momentum for Vinachem to accelerate innovation, digital transformation, green transition, and the development of high-tech industries. At the same time, it reinforces our commitment to fulfilling our role as a core enterprise of Vietnam’s chemical industry and contributing to the goal of building large-scale, efficient, and internationally competitive state-owned economic groups in line with the spirit of Politburo Resolution No. 79-NQ/TW.”

The development of the VinachemMart e-commerce platform and the launch of the Vinachem Agriculture platform represent concrete steps in implementing this strategy. While VinachemMart contributes to advancing digital commerce and strengthening market connectivity, Vinachem Agriculture seeks to connect farmers with scientists, experts, businesses, and government agencies, thereby improving the efficiency of the agricultural value chain and promoting green and sustainable agricultural development.

Looking ahead, Vinachem has identified innovation, digital transformation, green transition, and sustainable development as its key growth drivers. The Group is prioritizing investment in high-value, technology-intensive sectors, including pharmaceutical chemicals, advanced materials, chemicals serving the electronics and semiconductor industries, rare-earth extraction and processing, and circular economy initiatives. In parallel, Vinachem is investing in research and development (R&D) centers and integrated industrial parks designed around modern, circular, and sustainable principles, contributing to the enhanced competitiveness of Vietnam’s chemical industry within regional and global value chains.

Vinachem’s inclusion in the Fortune Southeast Asia 500 reflects not only the Group’s scale and financial strength, but also the progress achieved through its transformation, international integration, and efforts to elevate the standing of Vietnam’s chemical industry. This recognition provides a solid foundation for the Group to continue fulfilling its role as a leading enterprise, contributing to national industrial development and strengthening the presence of Vietnamese enterprises on the regional economic stage.

Hashtag: #Vinachem

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

Dubai’s DMCC has signed a strategic memorandum of understanding with Tether, the issuer of the USDT stablecoin, to expand collaboration in blockchain infrastructure, digital assets and tokenised finance, placing one of the world’s largest stablecoin operators deeper inside the emirate’s fast-growing digital trade ecosystem. The agreement, announced on 16 June, sets out a framework for Tether to work with DMCC on blockchain-based communication and payment infrastructure, advisory […]

From campus-based learning to visits to a Chinese medicine production base, combining story-based learning with hands-on experience to bring students closer to TCM through fun and interactive engagement

HONG KONG SAR – Media OutReach Newswire – 16 June 2026 – Building on last year’s success, Beijing Tong Ren Tang’s “The Tong Ren Extraordinary Journey” school outreach programme has been further deepened and expanded this year. Evolving from in-school learning to a model that integrates and extends into off-campus activities, the programme combines school visits with tours of Beijing Tong Ren Tang’s production and R&D base, opening a new chapter in a comprehensive way and bringing students closer to traditional Chinese medicine (TCM) through a lively and interactive engagement.

Photo 1: "The Tong Ren Extraordinary Journey" visited 20 primary schools in Hong Kong, bringing students a fun and engaging introductory journey into the world of Chinese medicine.
Photo 1: “The Tong Ren Extraordinary Journey” visited 20 primary schools in Hong Kong, bringing students a fun and engaging introductory journey into the world of Chinese medicine.

Two-stage learning: from in-school education to hands-on experience
Through a variety of interactive formats, “The Tong Ren Extraordinary Journey” offers students an engaging and knowledge-rich introduction to Chinese medicine. Designed around the concept of “from understanding to experience,” the programme combines in-school learning with off-campus visits to Beijing Tong Ren Tang’s production and R&D base. Activities include guided storytelling on the “Tong Ren” story, acupoint-based interactive games, and lively introductions to Chinese medicine culture and basic Chinese medicine knowledge, making the learning experience both enjoyable and informative. Students can also visit Beijing Tong Ren Tang’s production and R&D base in Tai Po, where they tour the museum, learn about the operation of the production line, and explore the Chinese Herbal Garden. In this way, students gain a well-rounded understanding of Chinese medicine and learn how it can be applied in daily life.

Herbal planting activities reinforce learning experience
A special feature of the programme is a planting experience in the Beijing Tong Ren Tang Chinese Herbal Garden. Guided by gardeners and instructors, students take part in a seedling transplanting activity, observing herbal plants up close and experiencing the planting process first-hand. This hands-on experience not only gives them a sense of achievement but also deepens their understanding of what they have learned. Through this enjoyable and educational activity, Chinese medicine culture is brought to life for the younger generation while supporting its preservation and continued development.

Photos 2: Students visited the "Beijing Tong Ren Tang Chinese Herbal Garden" to learn about the characteristics and medicinal value of different Chinese herbs and took part in a hands-on planting activity.
Photos 2: Students visited the “Beijing Tong Ren Tang Chinese Herbal Garden” to learn about the characteristics and medicinal value of different Chinese herbs and took part in a hands-on planting activity.

In-school learning: “The Tong Ren Extraordinary Journey” tutorial
During the school visits under “The Tong Ren Extraordinary Journey,” Chinese medicine practitioners and instructors each led nearly 100 students at a time through a lively one-hour session, using an easy-to-understand approach that combined storytelling and interactive games to explore Chinese medicine knowledge. Topics covered ranged from itinerant physicians to hall physicians, from the acupuncture bronze figure to the meridian system, and from the four diagnostic methods of Chinese medicine to its internal and external treatment approaches. Students were also introduced to Tong Ren Tang’s history of supplying imperial medicine, as well as Chinese medicine concepts such as “monarch, minister, assistant and guide“. These sessions helped students understand Chinese medicine in an accessible way, while interactive acupoint games further strengthened memory and comprehension through play.

Off-campus experience: visits to Beijing Tong Ren Tang’s production and R&D base
After completing the school visit component of “The Tong Ren Extraordinary Journey,” students also had the opportunity to visit and experience Beijing Tong Ren Tang’s production and R&D base in Hong Kong. During the guided tour, students gained a deeper understanding of the story of Tong Ren Tang, a time-honoured Chinese medicine brand, its imperial medicine tradition and its pharmaceutical culture, while revisiting the core beliefs it upholds: “cultivating benevolence and virtue, and promoting health for the benefit of society” and its corporate motto of “No compromise on cost and labour despite the complexity of processing herbal medicine. No compromise on quality and standard despite the scarcity of medicine ingredients.”

During the visit, students sampled herbal tea as an entry point to understanding Chinese herbs. They then learned about the Chinese medicine production process and took part in a workshop on the traditional pill-rolling technique, an item of intangible cultural heritage. This allowed them to translate theory into practical experience, and to understand how herbs are processed and prepared into medicinal materials for use. Through this, they learned about the development of Chinese medicine from ancient times to the present, as well as the evolution of different dosage forms. Students later moved to the Beijing Tong Ren Tang Chinese Herbal Garden for a herbal planting activity, where they learned how soil, water and sunlight affect plant growth.

Expanded to 20 primary schools, with a comic book supporting school-based extended reading
This year, “The Tong Ren Extraordinary Journey” expanded to 20 primary schools, reaching approximately 3,000 teachers and students in total. To complement the in-school curriculum and extended reading, Beijing Tong Ren Tang specially wrote and produced the comic book The World of Chinese Medicine – “The Tong Ren Extraordinary Journey”. Featuring the adorable “Little Tong Ren” as the main character and guide, the comic adopts a child-friendly narrative approach to help students understand the meaning of “Tong Ren” and “Tong Ren Tang,” the wisdom of balance emphasised in Chinese medicine culture, and its people-oriented spirit of benevolence and compassionate healing. Beijing Tong Ren Tang hopes that, through more interesting and approachable content formats, Chinese medicine culture can take root on campus and, through students’ reading and sharing, extend into families and communities as a cultural learning journey that can be passed on continuously.

Bringing Chinese medicine into everyday life
Beijing Tong Ren Tang hopes to foster a relaxed and enjoyable learning environment for students, introducing Chinese medicine step by step and encouraging them to share what they have learned with family and friends. By starting from a child’s perspective and focusing on themes such as meridians, herbs and balance, the programme helps integrating the wisdom of TCM into students’ everyday knowledge systems and encouraging them to share and apply these insights in daily life.

Hashtag: #BeijingTongRenTang #TheTongRenExtraordinaryJourney #primaryschool #chinesemedicine


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

About Beijing Tong Ren Tang

Tong Ren Tang was founded in 1669 and has a 356-year history. The company has always adhered to its corporate motto of “No compromise on cost and labour despite the complexity of processing herbal medicine. No compromise on quality and standard despite the scarcity of medicine ingredients.” This commitment has led Beijing Tong Ren Tang to steady development, lasting through every generation, achieving excellence, and becoming a national treasure while expanding globally.

At the same time, Beijing Tong Ren Tang has taken on the mission of promoting traditional Chinese medicine culture, actively participating in domestic and international traditional Chinese medicine promotion activities, facilitating cultural exchanges around the world, and striving to expand the international influence of traditional Chinese medicine. To date, it has been operating over 160 retail branches in 26 countries and regions overseas, making it one of the most recognized traditional Chinese medicine brands internationally.

About Beijing Tong Ren Tang Chinese Medicine Company Limited

Established in Hong Kong in 2004, Beijing Tong Ren Tang Chinese Medicine Company Limited serves as Tong Ren Tang’s development platform outside Mainland China. The Company was listed on the Growth Enterprise Market of the Hong Kong Stock Exchange in 2013 and transferred to the Main Board in 2018. Guided by its corporate spirit of “cultivating benevolence and virtue, and promoting health for the benefit of society” and driven by its mission to “create health for all to share globally,” the Company has built on Hong Kong as its base while expanding its global presence. It is committed to promoting Chinese medicine culture beyond Mainland China, and has accelerated the internationalisation of Chinese medicine through a communication model that integrates medical services with pharmaceutical products and places culture at the forefront. (Beijing Tong Ren Tong Chinese Medicine Company Limited website: )

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New Delhi has moved into crisis-management mode as the war in Iran raises fuel costs, strains the rupee and forces the Centre to balance energy security against its deficit-reduction pledge.

The latest response includes curbs on bulk diesel purchases at retail outlets, a willingness to let the fiscal deficit widen beyond the Budget target, and measures to pull in overseas capital as policymakers try to contain pressure on inflation, subsidies and the balance of payments. The measures mark a sharp shift from the calmer macroeconomic backdrop at the start of the financial year, when lower inflation and steady growth had given authorities room to focus on consolidation.

Retail fuel outlets run by public sector oil marketing companies have been told to cap high-speed diesel sales at 200 litres per customer or vehicle per day. The restriction, planned for up to 90 days, is aimed at preventing hoarding and stopping commercial users from shifting large purchases to retail pumps, where prices are lower than bulk supply rates. Diesel bought from retail outlets cannot be resold, and dealers have been asked to ensure that sales go directly into vehicle tanks or approved containers.

The decision followed a surge in purchases from retail pumps after the conflict in West Asia widened the gap between retail and bulk diesel prices. Trucking firms, contractors and other commercial users have sought cheaper supplies, adding pressure on state-run fuel retailers that already carry most of the retail burden. Diesel accounts for a large share of transport and farm fuel demand, making any disruption politically sensitive as the kharif sowing season approaches.

The fiscal impact is becoming harder to ignore. The Budget had set the fiscal deficit target for 2026-27 at 4.3% of gross domestic product, after 4.4% in the revised estimate for 2025-26. Officials are now prepared to tolerate a higher deficit, potentially around 4.8% of GDP, if subsidy costs and energy-related spending rise further. Fertiliser subsidies are also expected to climb as global input costs move up, while fuel-related tax and pricing decisions could reduce revenue flexibility.

Spending cuts across ministries are being examined, though the Centre is likely to avoid sharp reductions in capital expenditure unless market conditions deteriorate further. Infrastructure spending has been one of the main pillars of growth in the past few years, and cutting it too deeply would risk weakening private investment at a time when companies are already facing higher transport and raw material costs.

The rupee has become the other pressure point. It strengthened on Friday after Brent crude fell below $90 a barrel on hopes of a diplomatic breakthrough, but the currency remains vulnerable to oil spikes because India depends heavily on imported crude. The Reserve Bank of India has introduced measures to attract dollar inflows, including support for foreign currency deposits and lower-cost hedging routes for overseas borrowing by state-run companies. Large lenders are preparing dollar bond issues, and banks expect a stronger push to tap non-resident deposits over the coming months.

Inflation has also started to reflect the shock. Retail inflation rose to 3.93% in May from 3.48% in April, with food and fuel costs moving higher. The reading remains close to the central bank’s 4% target, but the risk is that higher diesel prices feed into freight, farm operations and food distribution. Any weak monsoon spell linked to El Niño conditions would add another layer of pressure.

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