Arabian Post Staff -Dubai European shares held their ground on Monday as investors waited for German and euro zone inflation readings that could show how sharply the Middle East war is feeding through into prices, after a surge in oil left the STOXX 600 heading for its worst month since the first pandemic shock of March 2020. The pan-European STOXX 600 was up about 0.2 per cent […]
Arabian Post Staff -Dubai Rosatom has agreed to form a logistics joint venture with DP World in a deal that would place Russia’s state nuclear corporation in majority control while bringing one of Dubai’s biggest global trade operators deeper into a strategically sensitive transport network centred on FESCO and Arctic shipping lanes. Under the proposed structure, Rosatom will hold 51% and DP World 49%, with Rosatom contributing […]
India has cut special excise duties on petrol and diesel after a sharp rise in global crude prices, seeking to shield consumers from a broader inflation shock as the Iran war and disruption around the Strait of Hormuz continue to unsettle energy markets. A government order issued late on Thursday reduced the special excise duty on petrol to Rs 3 a litre from Rs 13, while the levy on diesel was removed entirely from Rs 10 a litre. At the same time, New Delhi imposed fresh windfall taxes on diesel and aviation turbine fuel exports to recover part of the revenue loss and manage the fiscal hit.
The move underlines the pressure facing policymakers as oil prices remain volatile and the rupee weakens, raising the cost of imports for one of the world’s biggest crude buyers. Brent crude climbed above $112 a barrel on Friday, extending a rally driven by doubts over any near-term ceasefire and persistent fears that supply disruptions in the Gulf could deepen. Traders and analysts have said the risk premium now reflects not only lost barrels but also the strategic importance of Hormuz, through which a large share of global oil and liquefied natural gas flows.
For India, the tax cut is as much about inflation management as political optics. Retail prices at state-run fuel retailers have been largely held steady even as global crude costs have climbed, forcing public-sector oil marketing companies to absorb losses on every litre sold. Reuters reported that those losses were running at about Rs 24 a litre on petrol and Rs 30 on diesel at the time of the duty cut, a burden that had begun to raise concerns about the financial strain on the country’s dominant fuel retailers. By lowering excise duties, the government creates room for those companies to keep pump prices stable without taking the full blow on their balance sheets.
That relief, however, comes with a cost. The excise reduction is expected to trim government revenue by roughly Rs 70 billion every fortnight, with the net impact estimated at about Rs 55 billion after accounting for the new export levies on diesel and jet fuel. Those numbers matter because New Delhi is already balancing slower growth risks, higher import costs and sensitivity in bond markets. India’s 10-year government bond yield rose as investors weighed the inflationary impact of oil and the possibility that fiscal targets may come under pressure if energy turbulence persists.
Currency markets have been sending a similar warning. The rupee slipped beyond 94 to the US dollar, marking a record low and capping its weakest fiscal-year performance in more than a decade. Higher oil prices have compounded external pressures by widening import costs and fuelling worries over inflation, while signs of reduced support from the Reserve Bank of India have added to volatility in both the currency and government debt markets. The combination of a softer rupee and expensive crude intensifies the urgency for measures that can prevent fuel inflation from feeding into transport, food and manufacturing costs.
The government has paired the tax changes with broader supply assurances. Officials have said retail fuel prices will remain stable and that supplies of fuel, fertiliser and coal are adequate. India has also increased the availability of liquefied petroleum gas for industrial use, an indication that authorities are trying to prevent energy stress from spilling into factories and power demand. That broader messaging is aimed at containing panic in a market already on edge over whether the Middle East conflict could trigger a more prolonged energy shock.
The burden of holding down prices has not been distributed evenly across the sector. State-run retailers, which control more than 90 per cent of the country’s fuel stations, have largely refrained from raising pump prices, while private players have begun adjusting. Nayara Energy, for example, increased gasoline and gasoil prices this week, citing the combined impact of a weaker rupee and surging global crude prices. The divergence highlights the structural challenge for the government: keeping inflation contained without unduly damaging the finances of state-backed refiners and marketers.
Arabian Post Staff -Dubai Motorists in the UAE are likely to pay more for petrol and diesel in April after the Iran war sent crude prices sharply higher and intensified disruption across the Gulf’s main energy and shipping routes, raising the cost base that feeds into the country’s monthly fuel-price adjustment. April rates were due to be announced on March 31, and local pricing remains tied […]
Artificial intelligence is redrawing the economics of data centres at a speed that is forcing developers, utilities and investors to rethink where digital infrastructure can be built and how it can be financed. A new 2026 marketplace report from Colliers says global investment in data centres topped $580 billion in 2025, up 27 per cent from a year earlier, as hyperscalers and infrastructure groups poured money into […]
Arabian Post Staff -Dubai Exeed has opened a new showroom in Jeddah through Arabian Heritage Motors, part of Al Ghurair Mobility, extending the premium vehicle brand’s physical presence in Saudi Arabia as competition intensifies among Chinese carmakers across the Gulf. The Jeddah launch was disclosed by Al Ghurair in a corporate post and comes after Exeed appointed Al Ghurair as its exclusive distributor in the Kingdom in […]
Zimbabwe has turned a long-signalled restriction on second-hand clothing into formal law, tightening its effort to shield domestic manufacturers even as economists and traders warn that the move could squeeze low-income consumers and deepen pressure on an already fragile apparel market. The measure is now enforced under Statutory Instrument 59 of 2026, which bars the import of second-hand clothes unless an importer holds a government permit issued […]
Gulf tensions are sharpening the risks for African health systems already reliant on imported medicines, as disrupted shipping routes, higher freight bills and delayed emergency supplies expose how vulnerable the continent remains to external shocks while governments push to expand local drug production. The strain has moved beyond theory. Aid officials said this week that cholera supplies for countries including Chad and South Sudan were being […]
Qatari billionaire Sheikh Hamad bin Jassim bin Jaber Al Thani has taken a stake in German robotics company Neura Robotics, adding Gulf capital to one of Europe’s biggest funding pushes in humanoid and cognitive machines. The investment places the former Qatari prime minister alongside Amazon in Neura’s latest financing, while corporate filings cited by Bloomberg show he became a shareholder through Prime Capital SA, a unit […]
Mubadala Energy has secured the Southwest Andaman exploration Production Sharing Contract in Indonesia, giving the Abu Dhabi-based company full control of a new offshore block that strengthens its growing position in one of Southeast Asia’s most closely watched gas frontiers. The contract was awarded under Indonesia’s Gross Split regime, under which the contractor bears all operating and capital costs, and the company will hold a 100 per […]
Arabian Post Staff -Dubai US and Israeli strikes on Iranian nuclear-linked and industrial sites on Friday widened the Middle East war and triggered a fresh market sell-off, as Tehran answered with attacks across the Gulf and on regional targets, stoking fears that a longer conflict could deepen the hit to growth, trade and energy supplies. Oil climbed sharply, Wall Street fell again and investors moved into traditional […]
By Arun Srivastava The Naxalite movement, originating from a 1967 peasant uprising in Naxalbari, West Bengal, has witnessed numerous “twists and turns,” evolving from a localized armed insurrection into a fragmented insurgency and, in recent years, a shrinking threat experiencing mass surrenders and gruesome killings of cadres by the security forces. But one evolution is […]
The article Twists And Turns In Naxalite Movement In Last Six Decades After 1967 Uprising appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Arabian Post Staff -Dubai Mubadala Investment Company has agreed to sell its minority stake in liquid cooling specialist CoolIT Systems to Ecolab, in a transaction led by private equity firm KKR and valued at $4.75bn, marking a significant reshaping of ownership in a sector gaining momentum alongside artificial intelligence and data centre expansion. The Abu Dhabi sovereign investor confirmed that it had signed a definitive agreement, signalling […]
HONG KONG SAR – Media OutReach Newswire – 27 March 2026 – Voicecomm Technology Co., Ltd. (“Voicecomm Technology” or the “Company“, Stock Code: 2495.HK), a core technology provider and ecosystem operator of trustworthy conversational AI in China, announced its annual results for the year ended December 31, 2025. Leveraging its deep technological expertise and forward-looking strategic initiatives in trustworthy conversational AI, the Company achieved steady revenue growth, continuous improvement in profitability, and a significant enhancement in operating cash flow, further strengthening its competitive edge in the enterprise-level trustworthy Agent sector.
Gross Profit Margin Steadily Improves, Operating Cash Flow Turns Strongly Positive
In 2025, the Company’s total revenue successfully exceeded the RMB1 billion mark, reaching RMB1,006.9 million, representing a year-on-year increase of 7.0%. Gross profit amounted to RMB551.2 million, increased by 8.0% from the previous year, while the gross profit margin increased by 0.5 percentage point to 54.7% from 54.2% in the same period last year, reflecting the high-value-added products and technical services of the Company, as well as effective cost control.
Notably, the Company’s net cash generated from operating activities turned strongly positive, reaching a net inflow of RMB212.5 million, compared to a net outflow of RMB129.2 million in the same period last year. This improvement underscores enhanced operational efficiency and reflects strengthened receivables management, which accelerated cash collection.
Profit for the year amounted to RMB140.2 million. The significant increase in net profit compared to the same period last year was mainly attributable to eliminating the impacts of changes in carrying amount of redeemable capital contributions, an accounting adjustment arising from financing agreements entered into with shareholders prior to the Listing and completion of the Global Offering.
Increasing R&D Investment to Strengthen the Trustworthy Agent Technology Foundations
As a technology-centric product company, Voicecomm Technology remains committed to the independent R&D and innovation of underlying technologies. In 2025, the Company’s research and development expenses reached RMB224.3 million, representing a substantial year-on-year increase of 67.7%. The investment was primarily directed towards developing Agents with continuous learning capabilities and a technical framework for Multi-agent collaboration, aiming to enhance technological capabilities and elevate the level of product innovation. This reinforces our trustworthy Agent technical architecture composed of three layers: “Multimodal Perception + Multi-model Thinking + Multi-agent Collaboration”.
This architecture takes the “meta-model” as the core to effectively alleviate the common pain points of in enterprise-level implementation, such as hallucinations, controllability and data security, by integrating the generalization capabilities of large language models with the precision of vertical domain knowledge. On this basis, the Company have formed a deliverable and operable trustworthy Agent product system, to ensure that the Agents are usable, manageable, and controllable in enterprise environments, thereby powering the intelligent upgrade of six core application scenarios: City management and administration, Automotive and transportation, Telecommunications, Finance, Healthcare, and Energy management.
Productization Strategy Drives Deep Application across Six Core Scenarios
Voicecomm Technology focuses on empowering various industries through superior products and technologies. In 2025, leveraging its mature product matrix, the Company successfully established replicable benchmark standards across multiple application scenarios.
City Management and Administration: As a leading solution provider in the smart government sector in China, the Company’s business has covered more than 130 prefecture-level cities. The “Smart Government Agent” deeply integrates the capacities of large language models, enabling more intelligent and automated government services with standardized and intelligent applications in scenarios such as government hotlines and city governance.
Automotive and Transportation: The Company successfully established benchmark autonomous driving projects in cities such as Mianyang, Zibo, and Ezhou, building a successful and replicable “Smart Transportation Agent” solution. For the Mianyang Science and Technology New City project, a total of 96 autonomous vehicles have been deployed, and the project was successfully selected as a National AI Application Pilot Testing Base in the transportation sector. In January 2026, the Company newly won the bid for the “Ezhou Huahu Airport Smart Port” autonomous driving bus procurement and operation project, further expanding its application boundaries.
Healthcare: In January 2026, the Company successfully won the bid for the “Chuannan Smart Valley AI Vertical Large Model Innovation Platform – Silver Economy Construction and Operation Project” in Neijiang City, Sichuan Province, with a total contract value of nearly RMB300 million. This project represents the Company’s first “AI + Elderly Care” city-level benchmark demonstration project. It adopts a closed-loop collaborative model of “online platform + offline service network + home terminals,” integrating Agents capabilities with the Company’s “vertical small model microservices” system in areas such as Health Early Warning, Cognitive Ability Assessment, and emotional companionship into a productized solution, thereby establishing rapidly replicable city-level smart elderly care operational benchmark.
Telecommunications, Finance, and Energy Management: The Company continues to deepen collaborations with leading enterprises in the telecommunications and finance sectors, leveraging the “Telecommunication Service Agent” and “Financial Service Agent” to enhance service efficiency and user service value. Meanwhile, its AI-powered smart charging solution has been progressively integrating charging pile networks in China and across several Southeast Asian countries.
Benefiting from the successful implementation of the Company’s productization strategy and the high level of market recognition for its trustworthy Agent solutions, as of December 31, 2025, the Group’s project pipeline and orders in hand saw significant growth. The number of ongoing projects at year-end increased to 320, representing a year-on-year increase of 41.6%, while the outstanding contract sum at year-end rose to RMB1,048.9 million, a year-on-year increase of 57.4%, reflecting the continued expansion of the Company’s business.
Future Outlook: Focusing on the Trustworthy Agents Ecosystem with Four Strategic Priorities
Looking ahead, the Company will firmly focus on its goal of “building a trustworthy conversational AI ecosystem” and will advance the following strategic priorities:
Overall and Technology Strategy: Continue to focus on R&D and innovation in frontier technologies such as multi-modal fusion and trustworthy intelligence, promoting the deployment of trustworthy agents across more application scenarios. By creating open technology platforms and standards, the Company will attract more developers and partners to jointly build a prosperous and win-win industrial ecosystem.
Market Strategy: Establish benchmarks for quality and innovation within the industry and deepening partnerships with various service channels. At the same time, the Company will actively expand into the C-end market, extending cutting-edge technologies to a wider user base, thereby expanding the influence and commercial value of the ecosystem.
Regional Strategy: Domestically, the Company will continue to deepen its partnerships with major cooperating cities to create smart city benchmark cases. Internationally, the Company will actively respond to the “Belt and Road” initiative, grasp the tremendous potential of emerging markets, and promote the Company’s trustworthy Agent products and services globally to enhance its international brand image.
Investment Strategy: Through prudent strategic investments and M&A, the Company will optimize the layout of the upstream and downstream industry chains and consolidate the stability and competitiveness of the ecosystem.
DR.Tang Jinghua, Chairman ofVoicecomm Technology Co., Ltd., said: ” 2025 was a landmark year for Voicecomm Technology. We not only achieved a strong turnaround in operating cash flow and a steady increase in gross profit margin financially, but we also completed a strategic leap at the technological and business level towards becoming a ‘a core technology provider and ecosystem operator of trustworthy conversational AI.’ We deeply understand that the essence of enterprise-grade AI lies in creating replicable and reliable products and technology foundations. During the year, we significantly increased R&D investment and successfully applied our trustworthy Agents across six core scenarios, particularly in city-level benchmark projects in emerging fields like smart elderly care, showing the strong competitiveness of our productization strategy. Looking to the future, we will continue to pursue the goal of ‘building a trustworthy conversational AI ecosystem,’ leveraging an open platform to gather ecosystem partners and empowering diverse industries with innovative technology, thereby creating long-term sustainable value for our shareholders and society. ”
Hashtag: #Voicecomm
The issuer is solely responsible for the content of this announcement.
Founded in 2005 and headquartered in Wuhan, Voicecomm Technology is one of the leading core technology providers and ecosystem operators of trustworthy conversational AI listed on the Main Board of the Hong Kong Stock Exchange, and obtained the qualification as National-level SRDI, Technology Little Giant and High-Tech Enterprise. Leveraging its proprietary trustworthy Agent，the Company overcomes pain points in the commercialization of large language models, such as hallucinations and compliance issues, ensuring AI is usable, manageable, and controllable in enterprise environments. For enterprise-level customers, the Company provides AI services covering the entire process of “communication –decision – execution”. Its trustworthy Agent solutions have been widely deployed across multiple scenarios, including City management and administration, Automotive and transportation, Telecommunications, Finance, Healthcare, and Energy management, and it is dedicated to empowering the intelligent transformation of diverse industries.
NUREMBERG, GERMANY – Newsaktuell – 26 March 2026 – Innomotics, a globally leading supplier of electric motor and large drive systems, has won several major orders for turbine replacement projects on nearly every continent. The total volume for all orders is in the higher double-digit million EUR range.
With increased electrification of industrial applications, significant operational cost efficiency and CO₂ reduction can be gained by changing existing turbines with an electric drive system, the so-called Turbine Replacement Technology. This can be used for high-speed pump applications (centrifugal pumps) as well as for high-power compressor systems in refineries, petrochemicals, or oil and gas.
Especially the need for supplying large-scale turbine driven boiler feed pump applications in power plants with high voltage motors becomes increasingly important, as it significantly saves energy consumption, CO₂ and operational costs.
The transition to electric drive technology for rotating equipment is an important part of the overall plant electrification and decarbonization pathway, reducing the use of costly and environmentally harmful carbon fuels.
By sourcing the power from a renewable source such as wind, solar or hydro, CO₂ emissions can be practically eliminated. This is especially relevant for energy-intensive industries and industrial applications. Beyond ecological aspects, the use of high-speed motor systems offers significant benefits to customers, such as increasing efficiency, reducing operational costs and maintenance requirements as well as easy construction and start-up.
“Replacing existing gas and steam turbines with electrical motor and drive systems is a complex task. Thanks to our highly motivated and skilled team, Innomotics is thought leader and pace setter for turbine replacement technology for more than 25 years now and with more than 70 Turbine Replacement projects globally realized. Our outstanding portfolio sets standards: The reliability and availability of our advanced High-speed High Voltage Motor system technology is unrivaled in the field, due to our unique rotor design. Additionally, our Medium Voltage Drive technology includes extended redundancy measures such as cell by-pass systems for maximum uptime”, says Michael Reichle, CEO of Innomotics.
Operators of turbine-driven systems currently face high operational costs, which can be significantly reduced or even eliminated through turbine replacement technology. For example, in a project with Repsol in Spain, Innomotics helped avoid 68,000 tons of CO₂ emissions per year and reduce energy consumption by around 25 percent.
Recently awarded Turbine Replacement Projects
Electric Drive Upgrade for INA Refinery in Croatia:
INA is modernizing its refinery in Rijeka to improve efficiency and reduce emissions. As part of this transformation, steam turbines used to operate compressors are being replaced with electric drive systems. This reduces reliance on fossil fuels, lowers maintenance requirements, and increases overall energy efficiency.
To implement this upgrade within an operating refinery, INA partnered with Innomotics and Siemens Energy. The project includes four electric drive train systems, combining HV and HS-Modyn motors ranging from 1.8 MW to 6 MW with Innomotics Perfect Harmony GH180 variable frequency drives.
The solution ensures high reliability through redundant system design and enables fast installation on existing foundations with minimal construction effort. As a result, INA reduced significantly CO₂ emissions by 96,000 tons, reduced operating costs, total high-pressure steam production reduced by around 25%, and improved availability.
Turbine Replacement Technology for Repsol Industrial Complex in Spain:
Repsol has electrified a gas compressor at its Puertollano Industrial Complex by replacing a steam turbine with an electric motor solution from Innomotics. This upgrade improves energy efficiency by 25 percent and reduces CO₂ emissions by approximately 68,000 tons per year. The solution includes a High Voltage Motor combined with a Perfect Harmony GH180 Medium Voltage Drive, delivering 8.25 MW at 5,800 rpm. Designed for high reliability and continuous operation, the system enables maintenance intervals of up to five years. With this electrification project, Repsol strengthens its commitment to achieving net zero emissions by 2050 while significantly improving operational efficiency and system availability.
Turbine Replacement Technology for Chemicals Park in the Netherlands:
The owner and operator of a chemicals park in the Netherlands aims to accelerate the energy transition of the Dutch chemical industry. One of their three major goals is to achieve net zero emissions within ten years. Therefore, Innomotics was awarded for a turbine replacement project in a propylene plant. The order amounts a considerable value for Innomotics and includes a 25MW as well as an 8.6MW high-speed induction motor together with two Innomotics Medium Voltage GH150 drives. The order also includes comprehensive services.
Turbine Replacement Technology for Power Plants in Republic of Korea:
A Korean energy producer and provider awarded Innomotics an order to replace the previous turbine technology with a 12.5MW electric Innomotics High-speed High Voltage Motor and Medium Voltage Drives. With that replacement the company benefits from higher energy efficiency of at least 20 percent and the associated energy savings as well as reduced CO₂ emissions. The Innomotics solution therefore contributes directly to the customer’s net zero carbon strategy. The parallel operation of three Medium Voltage Drives ensures a particularly uninterrupted and stable power supply.
Turbine Replacement for a propane dehydrogenation (PDH) plant in Spain:
At the top of its agenda, a German chemicals and plastics giant, has placed the motto: “Net Zero Emissions by 2050”. One measure the company takes accordingly is replacing steam production at co-generation plants with heat pumps and e-driven compressors. Therefore, the Spanish site, has started a turbine replacement project in their propylene production at a propane dehydrogenation (PDH) plant. The order for Innomotics amounts to a double digit million Euros and includes a 23.3MW High-speed High Voltage induction motor, together with a Medium Voltage Drives and a converter transformer.
Turbine Replacement for Indian natural gas company:
Furthermore, Innomotics has won a pilot order to replace one out of eight installed gas turbines for a state-owned energy corporation in the state of Madhya Pradesh (India). This order creates a new benchmark in the gas turbine replacement market to the extent that the proposed solution will consist of an Innomotics High Voltage HV-M Motor, together with a gearbox and an Innomotics Medium Voltage Drive instead of a High-speed High Voltage Motor system.
Additional Turbine Replacement materials:
Whitepaper on Turbine Replacement
Expert Video concerning Turbine Replacement
Operational savings calculator, reference projects and success stories
Podcast episode on Spotify
Explore the 3D visualization in our virtual world: Innomotics Electrosphere
For more information, visit https://www.innomotics.com/hub/en/applications/turbine-replacement
Follow us on LinkedIn: www.linkedin.com/company/innomotics
For more information, visit www.innomotics.com.
Hashtag: #Innomotics
The issuer is solely responsible for the content of this announcement.
Kenya will incorporate nuclear energy into its electricity mix as part of a broader strategy to expand generation capacity to 10,000 megawatts, President William Ruto has said, signalling a shift in policy aimed at supporting industrial growth and stabilising long-term energy supply. The announcement reflects mounting pressure on the East African economy to secure reliable and affordable power as demand rises across manufacturing, digital infrastructure and urban […]
Arabian Post Staff -Dubai Dubai’s transport regulator has entered a formal cooperation agreement with Dubai Roads and Transport Authority and Union Properties PJSC to strengthen oversight and coordination of road right-of-way management across major development projects, signalling a tighter regulatory push on urban infrastructure as construction activity accelerates across the emirate. The agreement is framed within the provisions of Law No. of 2021, which governs road regulation […]
Arabian Post Staff -Dubai Free navigation through the Strait of Hormuz remains the only sustainable way to restore stability to global energy markets, Abu Dhabi National Oil Company chief Sultan Al Jaber told US Vice President JD Vance, as conflict-linked disruptions choke a vital artery for crude and liquefied natural gas shipments. Al Jaber’s remarks come amid escalating tensions tied to the U. S.-Israeli war against Iran, […]
Altérra has joined forces with General Atlantic to back Wireless Logic in a deal aimed at expanding infrastructure that supports connected devices across energy, transport and industrial systems, as investors increase focus on digital tools that can improve resource efficiency and emissions tracking. The investment underscores a broader shift in capital markets towards climate-linked digital infrastructure, where connectivity platforms are seen as critical enablers of data-driven optimisation. […]
This move strengthens the company’s technical leadership and reinforces its long-term competitive moat in AI inference and Token production.
World-Class Expertise Reinforcing Technical Moat
Academician Wei-Min Zheng is a globally recognized authority in high-performance computing, distributed systems, and AI. His work on scalable storage architectures and parallel systems has had significant academic and industrial impact, earning multiple national science and technology awards.
Professor Yongwei Wu, an IEEE Fellow and AAIA Fellow, is an internationally recognized expert in parallel and distributed systems, cloud storage, and big data infrastructure, with multiple prestigious awards.
Their addition significantly enhances Approaching.ai’s ability to drive system-level innovation in large-scale AI inference—an area increasingly viewed as the core value layer of the AI industry.
Capturing the Core Value Layer: Inference and Token Production
As large models scale globally, demand for AI Tokens is growing exponentially. Inference is rapidly becoming the primary cost center and a key determinant of commercial viability.
Approaching.ai focuses on high-efficiency AI Token production, improving Token output per unit of compute and reducing deployment costs for enterprises.
Through system-level innovation, the company addresses key industry challenges:
Its technologies—such as heterogeneous computing coordination and memory-compute optimization—enable unified execution across diverse hardware and models, creating a scalable and cost-efficient inference layer.
Strong Origin and Execution Capability
Originating from Tsinghua University’s High-Performance Computing Institute, Approaching.ai brings over 20 years of expertise in computing and storage systems, along with proven capability in translating research into industrial deployment.
Capital Validation and Market Confidence
Approaching.ai has attracted strong backing from leading venture capital firms and strategic investors, including GL Ventures, Verity Ventures, Shanghai Guofang Innovation Private Equity Fund Partnership (Limited Partnership), Xinglian Capital, Shangshi Capital, Tsinghua Capital, and other industry partners.
This reflects strong market confidence in the company’s positioning within the rapidly growing AI infrastructure market, particularly in inference optimization.
Looking Ahead
With strengthened scientific leadership, Approaching.ai will continue advancing enterprise-grade inference solutions and scalable AI infrastructure.
By focusing on Token production, the company targets one of the highest-leverage segments in the AI value chain and is well positioned to benefit from continued growth in AI adoption.
Hashtag: #AI
The issuer is solely responsible for the content of this announcement.
By Nitya Chakraborty It is a history of twists and turns in India-China economic relations for decades. The same is being repeated now as India after taking special measures to make Chinese direct investment easier and agreeing to start border trade from three points in this country from June this year, is faced with the […]
The article Amidst India-China Bonhomie In Bilateral Ties, Both Sides To Fight Each Other At WTO Meet appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
Arabian Post Staff -Dubai Sharjah Asset Management has secured a “Best Place to Work” certification, signalling growing emphasis within Gulf investment entities on employee engagement, corporate culture and organisational wellbeing as competition for talent intensifies across the region. The company, which oversees a diversified portfolio spanning real estate, infrastructure and strategic investments for the Sharjah government, said the recognition reflects sustained efforts to build a supportive and […]
HONG KONG SAR – Media OutReach Newswire – 24 March 2026 – Hong Kong Science and Technology Parks Corporation (HKSTP) today hosted the “Green is Action: GreenTech Hub 1st Anniversary Showcase” at InnoCentre in Kowloon Tong, highlighting the achievements of Hong Kong’s leading hub for green innovation over the past year.
In its first year, GreenTech Hub expanded its partner network from 16 to 20 public-private organisations. By facilitating 360 business matching and hosting more than 100 greentech themed events, the GreenTech Hub is injecting new momentum into Hong Kong’s development as an international green technology and green finance centre.
The celebration ceremony for the 1st Anniversary Showcase was officiated by Professor Sun Dong, Secretary for Innovation, Technology and Industry, he said: “The anniversary of GreenTech Hub today is just the beginning. In collaboration with our three major I&T parks, the Government will continue to invest in I&T infrastructure and foster the development of strategic industries, with a view to enhancing the overall I&T ecosystem and promoting interactive development of the upstream, midstream and downstream sectors.”
Dr Sunny Chai, Chairman of HKSTP, remarked, “The first anniversary of GreenTech Hub proves that Hong Kong is where global green innovation converges and scales. We have attracted world-class R&D to the city while enabling homegrown greentech to be deployed worldwide for sustainable development. Through strategic partnerships, HKSTP is forging closer connections between research, industry, capital and real-world application scenarios, accelerating commercialisation and strengthening Hong Kong’s development into an international green technology and green finance hub.”
Leveraging Hong Kong’s Role as a Super-Connector to Bridge the Full Value Chain from R&D to Commercialisation
HKSTP announced the addition of four new partners to GreenTech Hub: CLP Holdings Limited, CTF Services Limited, Invest Hong Kong, and The Hong Kong and China Gas Company Limited, further strengthening Hong Kong’s green technology collaboration network. The GreenTech Hub brings together 20 partners spanning private enterprises, public bodies, universities, and industry associations. This collaborative ecosystem facilitates business opportunities, fosters knowledge exchange and best practices, and bridges financing gaps to expedite green technology development. Furthermore, leading local universities within the partner network offer talent training, testing facilities, and application scenarios for greentech solutions, speeding the journey from R&D to commercial impact.
HKSTP’s greentech ecosystem encompasses over 230 greentech companies, spanning new energy, green building, smart city solutions and green fintech. As the city’s leading collaborative platform for green innovation in the city, GreenTech Hub works closely with its partners to provide comprehensive support for park companies, fast-track the real-world application of green solutions, and further drive the synergistic development of green technology and green finance.
Global Expert Perspectives on Green Trends Alongside a Showcase of Breakthrough Technologies
The event featured a keynote address by Mr. Ethan N. Elkind, Director of the Climate Program at the Center for Law, Energy and the Environment (CLEE) at the University of California, Berkeley School of Law, who shared insights on global green development trends. Representatives from GreenTech Hub partners and park companies also shared their insights during two thematic panel sessions focusing on ecosystem collaboration and global expansion strategies.
To further elevate Hong Kong’s international profile and thought leadership in green technology, HKSTP plans to publish its first-ever research paper focusing on Hong Kong’s greentech ecosystem and energy storage technology in the fourth quarter of this year. GreenTech covers a broad range of areas, including new energy, energy storage and carbon trading, with battery and energy storage technology identified as one of our key focus areas. Given the strong growth potential of this sector, a dedicated research study would provide a more comprehensive review of the industry landscape and help identify the critical success factors needed to accelerate the commercialisation of battery and energy storage technologies.
As a two-way platform, GreenTech Hub has successfully attracted non-local greentech companies to establish a presence in Hong Kong while supporting local greentech ventures in expanding into international markets. Featured breakthrough technology solutions included:
Aurabeat — Award-winning energy-saving sonic air purification technology
Aurabeat has developed EcoSonic, a sonic air filtration technology combining AG+ silver-ion coating with sonic emitters, designed specifically for the commercial and industrial HVAC market. Its patented technology can reduce filter pressure drop by up to 70%, save up to 50% in energy, and improve indoor air quality. The solution has already been deployed in projects including the MTR, Hysan and Marina Bay Financial Centre in Singapore, demonstrating the strength of Hong Kong greentech in overseas markets.
Gotion High-tech — Globally leading new energy solutions
Gotion High-Tech is a world-leading provider of new energy batteries and green energy solutions. Its smart mobile energy storage charging unit, equipped with 209kWh large-capacity energy storage and 150kW high-power fast charging capability, supports a wide range of new energy transport and application scenarios, offering a breakthrough solution for EV charging infrastructure.
Harmony SkyTech — Drone systems, services and industrial application solutions
Harmony SkyTech showcased an electric vertical take-off and landing fixed-wing drone and related application solutions. These can be widely deployed in scenarios including power grid inspection, oil and gas pipeline inspection, surveying and mapping, logistics, and the transport of critical supplies, underscoring the immense potential of green low-altitude technologies.
Lihe Technology — Fully automated AI-powered water quality monitoring backed by national-level R&D
Lihe Technology specialises in environmental monitoring, water management and industrial automation. Its fully automated AI water quality monitoring system enables smart, highly efficient and precise monitoring. Through strategic collaboration with a GreenTech Hub partner, the company has established Hong Kong’s first branch of a National Engineering Research Centre of Advanced Technology and Equipment for Water Environmental Pollution Monitoring — Marine Eco-Tech Innovation Centre, driving the application and development of related technologies in Hong Kong.
One Energy — Electric motorcycles and the world’s first water-cooled fast-charging battery system
One Energy provides a one-stop e-mobility solution covering electric motorcycles, smart battery swapping stations and battery management systems. Its technology effectively shortens energy replenishment time, improves safety and enhances operational efficiency. The company has successfully expanded its footprint into Southeast Asia, Europe and Africa.
Hashtag: #HKSTP
The issuer is solely responsible for the content of this announcement.
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 16,000 research talents, and hosting more than 2,400 technology companies from 24 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.
By Nantoo Banerjee With the US-Israel military conflict against Iran continuing through the fourth week, severely disrupting global supply of oil and gas, petro-fuel prices may shoot up to record highs this year threatening economic stability across the world. India’s economy, which is 90 percent import dependent on oil, may be among the worst hit. […]
The article No End Of Iran-US-Israel War Is In Sight appeared first on Latest India news, analysis and reports on Newspack by India Press Agency).
