News related to
Strategy

  Seychelles has used two high-level forums in Malabo to press for stronger backing for small island states and to elevate youth priorities within the Organisation of African, Caribbean and Pacific States, with Foreign Affairs and Diaspora Minister Barry Faure taking a visible role in both meetings. The government said Faure addressed the Small Island Development States forum and later served as rapporteur at the youth forum, […]

HONG KONG SAR – Media OutReach Newswire – 28 March 2026 – In 2025, Meitu, Inc. (Meitu) adhered to its “Productivity and Globalisation” strategy, with total revenues from continuing operations surging 28.8% YoY to RMB 3.86 billion. The company’s core business – Photo, Video and Design Products – generated RMB 2.95 billion in revenue, a robust 41.6% YoY increase, accounting for 76.6% of total revenues. Non-IFRS Adjusted Net Profit – a key indicator of core operational performance – soared 64.7% YoY to RMB 965 million. The revenue and profit growth were primarily driven by the rapid adoption of AI Agents integrated into its product portfolio, leading to a significant surge in global paying subscribers.

As of December 31, 2025, total paying subscribers reached an all-time high of 16.91 million, a substantial 34.1% YoY increase, with a subscription rate of 6.1%, up 1.4 percentage points from 2024.

AI Agent-Integrated Products Gain Explosive Popularity, Driving Strong Penetration and Monetization Growth

Following the July launch of RoboNeo (Meitu’s flagship AI visual design agent), Meitu integrated AI Agent capabilities across most of its product portfolio to enhance workflow automation and user experience.

As such, Meitu’s productivity tools segment achieved an all-time high 9% subscription rate, up 3.1 percentage points YoY. Paying subscribers of this segment grew to 2.16 million, representing a significant 67.4% YoY growth, with international paying subscribers more than doubling.

The segment comprises three core tools: DesignKit specializing in AI workflows for e-commerce design,Kaipai and Vmake specializing in AI workflows for video production.

Backed by AI Agent empowerment, in 2025, DesignKit established strategic partnerships with leading global e-commerce platforms including Alibaba, JD.com, and Amazon. Kaipai focuses on verticals including healthcare, education, beauty, insurance, and real estate, empowering industry users to create professional talking videos. In 2025, Kaipai’s MAU nearly doubled, and paying subscribers tripled. Vmake targets fitness and wellness markets, achieving rapid MAU growth in the U.S., with Annual Recurring Revenue (ARR) reaching approximately USD 3 million.

Meitu’s leisure product segment including the Meitu app, BeautyCam and Wink maintained robust user engagement. The paying subscribers for the leisure segment grew 30.3% YoY to 14.75 million, driving the segment’s subscription rate to a solid 5.9%.

Globalisation Milestones: Expanding Footprint in High-ARPU Regions

Meitu’s Globalisation strategy achieved significant progress, with MAU in markets outside Mainland China surpassing the 100 million milestone, a 6.3% YoY increase. International paying subscriber growth accelerated in the second half of 2025, with the majority of new additions coming from high-ARPU regions including Europe, the Americas and East Asia, enhancing the sustainability of international monetization.

AI Technology Advancement & Industry Recognition

Following the training of its self-developed large vision model’s foundational capabilities in 2024, the company has since shifted its R&D priorities towards vertical-specific model training and application-level optimization to better address targeted user needs, consistent with its model-agnostic strategy. In 2025, the company’s total R&D expenses grew moderately by 3.8% YoY.

Meanwhile, on Andreessen Horowitz (a16z)’s “Global Top 50 Gen AI Mobile Apps” list, Meitu ranked first in the photo, video and design category by the number of featured products, with four apps selected. This external recognition reinforces Meitu’s position as a leading global AI application company in imaging, video and design.

Fueled by sustained R&D investment, Meitu is systematically deploying AI Agents into scalable productivity workflows. Going forward,Meitu will continue expanding diverse imaging skills to empower global developers and users with professional-grade AI creation experiences.

Hashtag: #Meitu

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

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 Abu Dhabi Commercial Bank has secured regulatory approval to establish a wholly owned subsidiary in Kazakhstan, opening the way for one of the UAE’s biggest lenders to deepen its footprint in Central Asia and broaden access to conventional and Islamic banking services in one of the region’s most closely watched financial markets. The approval was granted by Kazakhstan’s Agency for Regulation and Development […]

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).

Reflection, an artificial intelligence startup supported by Nvidia, is seeking to raise $2.5 billion at a valuation of about $25 billion, positioning itself as a high-profile contender to China’s rapidly advancing open-source AI ecosystem led by DeepSeek. The fundraising effort, still under discussion with investors, underscores intensifying competition between proprietary AI models backed by large capital pools and open-source alternatives gaining traction across Asia and beyond. Reflection’s […]

Mozilla has released Firefox 149, introducing a suite of features aimed at strengthening privacy protections and improving user productivity, as competition intensifies across the browser market. The update, issued on 24 March, combines new browsing tools with expanded security layers, signalling a broader strategic shift by Mozilla to differentiate its flagship product from rivals such as Google Chrome and Microsoft Edge. Central to the release is a […]

Advertisements

Tensions surrounding the Strait of Hormuz have moved to the centre of calculations in the confrontation involving Donald Trump and Iran’s leadership, as competing narratives over diplomacy and deterrence shape global energy and security outlooks. Statements from Washington suggesting Tehran is seeking terms to end hostilities contrast sharply with signals from Iranian officials, who continue to project defiance while recalibrating their strategic posture in the Gulf. The […]

Prime Minister Narendra Modi held discussions with retail magnate M. A. Yusuff Ali on the continuity of food supplies from India to Gulf markets, as policymakers and industry leaders assess supply resilience amid shifting global trade dynamics.

The meeting highlighted the role of LuLu Group International, which operates more than 280 hypermarkets across the Gulf Cooperation Council, in maintaining steady flows of essential commodities including rice, wheat, pulses, fruits and vegetables. Officials familiar with the interaction indicated that the discussion centred on logistics efficiency, pricing stability and the need to safeguard uninterrupted shipments during periods of geopolitical and climate-related uncertainty.

Yusuff Ali is understood to have outlined how the group has expanded sourcing networks and strengthened warehousing capacity to manage demand across markets such as United Arab Emirates, Saudi Arabia, Qatar, Oman and Kuwait. These countries rely significantly on imports to meet domestic consumption needs, making supply chain continuity a strategic concern for both governments and private sector operators.

India remains a major exporter of food products to the Gulf, with staples such as basmati and non-basmati rice forming a substantial share of shipments. Fresh produce, seafood and processed foods have also seen sustained demand as expatriate populations grow and consumption patterns diversify. Trade data over the past year has shown that food exports to GCC markets have held steady despite fluctuations in global commodity prices and shipping costs.

The discussion comes against a backdrop of tighter export controls imposed at various points to stabilise domestic food prices. Authorities have intermittently restricted shipments of certain grains, including rice varieties, prompting concerns among importing nations about supply reliability. Industry participants say large retailers with integrated supply chains, such as LuLu, have been better positioned to absorb shocks by diversifying sourcing and building buffer stocks.

Government officials have emphasised that export policies are calibrated to balance domestic needs with international commitments. During the interaction, Modi is said to have reiterated the importance of maintaining India’s reputation as a dependable supplier while ensuring affordability within the domestic market. The approach reflects a broader strategy of using trade diplomacy to reinforce economic ties with key regions.

LuLu Group’s operations have evolved beyond retail into food processing, logistics and distribution, enabling it to play a pivotal role in linking producers in India with consumers across the Gulf. The company sources directly from farms and cooperatives, reducing intermediaries and allowing for more competitive pricing. This model has gained traction as governments encourage greater efficiency in food supply chains.

Analysts note that Gulf countries have been investing in food security initiatives, including overseas farmland acquisitions, strategic reserves and partnerships with large distributors. Retailers such as LuLu have become central to these efforts, providing the infrastructure needed to manage large-scale imports and ensure consistent availability at the consumer level.

Yusuff Ali has previously highlighted the importance of long-term partnerships between exporters and retailers in stabilising supply. The group has expanded procurement centres across multiple states, enabling it to source a wide range of products while maintaining quality standards required by Gulf markets. Investments in cold chain logistics have also helped reduce wastage and improve delivery timelines.

The meeting also touched on opportunities to enhance bilateral trade flows through digitalisation and improved port connectivity. Industry experts argue that reducing transit times and streamlining customs procedures could further strengthen supply chains, particularly for perishable goods. With global shipping routes facing periodic disruptions, efficiency gains at origin and destination ports have become increasingly critical.

India’s engagement with the GCC has deepened across sectors, with food trade forming a key pillar of economic cooperation. The region accounts for a significant share of India’s agricultural exports, while remittances and energy imports reinforce the interdependence between the two sides. Strengthening food supply mechanisms is seen as part of a broader effort to secure mutual economic interests.

Ziff Davis has struck a new licensing agreement to launch a dedicated French edition of IGN, extending the global reach of its gaming and entertainment media brand through a partnership with European publisher eMense. The deal will see eMense operate IGN France under licence, marking the latest step in Ziff Davis’s strategy to scale its media properties internationally without direct ownership of local operations. The move builds […]

Arabian Post Staff -Dubai Shareholders of Al Ansari Financial Services have approved a full-year dividend for 2025 at the company’s Annual General Meeting, reinforcing a payout approach that signals stability in earnings and confidence in cash flow generation. The approved distribution includes a final dividend of AED 148.5 million, equivalent to 2 fils per share, for the second half of the financial year. This follows an identical […]

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 […]

High-Quality Growth with Improved Gross Profit Margin, increasing R&D Investment and Strategic Focus on Trustworthy Agents Ecosystem

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.

Voicecomm Technology Co., Ltd.

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.

Google has introduced a significant upgrade to its Gemini platform, enabling users to generate full-length songs of up to three minutes through integration with its advanced Lyria 3 Pro music model, marking a notable step in the evolution of generative artificial intelligence for creative applications. The enhancement positions Gemini as a more competitive tool in the fast-growing field of AI-generated music, where technology firms are racing to […]

  • Innomotics wins several orders to provide motor and drive technology for turbine replacement projects, totaling a volume in the higher double-digit million EUR range
  • Environmental, operational and financial benefits for many industries and industrial applications
  • Geographic diversity underlines market potential

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.

The Innomotics HV Series HS-modyn built at Dynamowerk in Berlin, setting standards when it comes to the availability of compressor drives: due to the unique rotor design it has the highest degree of reliability and minimum maintenance costs./Innomotics
The Innomotics HV Series HS-modyn built at Dynamowerk in Berlin, setting standards when it comes to the availability of compressor drives: due to the unique rotor design it has the highest degree of reliability and minimum maintenance costs./Innomotics

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.

  1. WRISE Prestige is the first firm in Hong Kong to offer the ChinaAMC Select Asia Bond Fund (Income Share Class), marking a milestone partnership that reinforces its standing as a leading wealth management firm.
  2. The Fund’s Income share class * offers a target dividend yield of approximately 9%, combining strong historical performance with flexible, benchmark-unconstrained allocation to meet growing demand for income-generating solutions in Asia.
  3. The partnership underscores WRISE’s commitment to expanding its curated suite of institutional-grade investment solutions for sophisticated investors across the region.

HONG KONG SAR – Media OutReach Newswire – 26 March 2026 – WRISE Group (“WRISE“), one of Asia’s fastest-growing independent wealth management firm, announced that WRISE Prestige, has established a strategic partnership with China Asset Management (Hong Kong) Limited (“ChinaAMC (HK)“), one of the region’s most established asset managers. Through this collaboration, WRISE Prestige will serve as the first launch partner in Hong Kong with a period of exclusive access to the ChinaAMC Select Asia Bond Fund (INC share class), offering clients a compelling fixed income solution designed for yield and diversification. To mark the partnership and the launch of the exclusive share class, WRISE Prestige and ChinaAMC (HK) co-hosted an event yesterday to formally announce the collaboration and introduce the investment strategy behind the ChinaAMC Select Asia Bond Fund to invited guests and clients.

The ChinaAMC Select Asia Bond Fund adopts a flexible, benchmark-unconstrained investment approach, allowing the fund manager to capitalise on opportunities across Asian credit markets dynamically. By focusing on fundamentally sound issuers, with a particular emphasis on China and the broader Asian region, the Fund seeks to deliver attractive risk-adjusted returns. Its strong historical track record underscoring the robustness of its investment process.

Recent geopolitical tensions have triggered significant volatility across global financial markets, making diversified, income-oriented strategies that can navigate geopolitical uncertainty paramount for sophisticated investors seeking portfolio resilience. With a target dividend yield of approximately 9%*, the Fund’s Income share class is positioned to address the increasing demand among Asian investors for stable and sufficient cash flow solutions. This income-focused strategy complements the broader portfolio needs of high-net-worth individuals seeking resilience and yield beyond traditional asset classes.

Henry Shin, Chief Executive Officer of WRISE Prestige, said: “We are delighted to partner with ChinaAMC to bring the ChinaAMC Select Asia Bond Fund (Income Share Class) to our clients as an exclusive launch in Hong Kong. In today’s volatile geopolitical landscape, investors require solutions that can adapt to changing conditions while delivering consistent income. The ChinaAMC Select Asia Bond Fund embodies this approach, offering flexible mandate and strong yield potential that make it a valuable addition to our curated platform.”

Barney Gao, Head of Strategic Client Development at China Asset Management (Hong Kong), said, “We are pleased to collaborate with WRISE Prestige to introduce the ChinaAMC Select Asia Bond Fund (Income Share Class) to investors in Hong Kong. This partnership reflects our commitment to delivering innovative and performance-driven investment solutions to a broader audience. With its focus on Asian bond markets and a flexible investment strategy, the Fund is well-suited to meet the income and diversification needs of investors in the region.”

This partnership highlights WRISE’s ongoing strategy to broaden access to best-in-class asset managers and deliver tailored investment solutions that address the complex and evolving needs of private wealth clients across Asia.

Important Information

This document is issued by WRISE Prestige Securities Limited (CE No. BSJ229). This document is for information purposes only and does not constitute and should not be construed as an offer, solicitation, recommendation or advice to buy or sell any investment product, nor should it be regarded as investment research.

Investment involves risks. The value of investments may go down as well as up and investors may not get back the principal invested. Past performance is not indicative of future performance.

The ChinaAMC Select Asia Bond Fund is authorized by the Securities and Futures Commission (“SFC”) in Hong Kong. SFC authorization is not a recommendation or endorsement of the Fund nor does it guarantee the commercial merits of the Fund or its performance. It does not mean the Fund is suitable for all investors.

Distributions (if any) are not guaranteed. Distribution rates are not indicative of the Fund’s return. The Fund may pay distributions out of income and/or capital (or effectively out of capital), which may result in an immediate reduction of the Fund’s net asset value.

This document has not been reviewed by the SFC.

* The Manager may at its discretion pay dividend out of capital or effectively out of the capital of the Funds. Payment of dividends out of capital amounts to a return or withdrawal of part of an investor’s original investment or from any such capital gains attributable to that original investment. Any such distributions may result in an immediate reduction in the Net Asset Value per Unit.

Hashtag: #WRISE

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

WRISE Group

WRISE is one of Asia’s fastest-growing financial firms, driven by strategic acquisitions of companies with deep expertise and solid foundations. With a strong presence across key financial hubs including Singapore, Dubai, Hong Kong, Shanghai, Shenzhen, Changsha, Taipei and Tokyo, WRISE is home to one of the largest networks of independent qualified advisors. With over 400 employees located globally, supported by an ecosystem of over 200 financial intermediaries and access to eight booking centres worldwide, WRISE ensures unparalleled service and expertise in navigating today’s financial landscape.

WRISE Group of companies include WRISE Wealth Management (Singapore), WRISE Wealth Management (Hong Kong), WRISE Wealth Management Middle East Ltd (DIFC, regulated by the DFSA), WRISE Prestige (Hong Kong) Limited, WRISE Prestige Securities (Hong Kong), WRISE Prestige Asset Management (Hong Kong), WRISE Capital (Hong Kong), WRISE Financial Services (Hong Kong) and affiliates including WeWrise Services.

China Asset Management (Hong Kong) Limited

Established in 2008, China Asset Management (Hong Kong) Limited (“ChinaAMC (HK)”) is a leading Chinese asset manager in Hong Kong. The company is a wholly owned subsidiary of China Asset Management Co. Limited, one of the trusted asset managers and largest ETF provider in Mainland China with over USD 464.5 billion assets under management as of December 31, 2025.

ChinaAMC (HK) has amassed an impressive performance history in both active and passive investments over the past 17 years. Boasting robust expertise in a variety of asset classes, covering equities, fixed income, ETF, L&I products, digital assets, as well as mandates and investment advisory services. ChinaAMC (HK) adopts a global outlook to build a versatile platform catering to institutional and retail investors in the region and worldwide. All efforts align with their vision of being “Beyond China Expert”.

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 […]

Escalating conflict across key maritime corridors has exposed the Middle East’s dependence on imported food, with shipping disruptions forcing governments and logistics firms to reassess supply chains under mounting pressure. The warning comes from Vincent Clerc, chief executive of A. P. Moller-Maersk, who signalled that instability in the Gulf is tightening global shipping capacity and complicating the steady flow of essential commodities into the region. He described […]

Emaar Properties has approved a dividend payout of AED8.8 billion following a strong financial performance for 2025, signalling confidence in its cash flows and long-term growth strategy. The decision was endorsed at the company’s annual general meeting, where shareholders backed a distribution equivalent to 100 per cent of capital. The approval underscores Emaar’s position as one of the Gulf’s most profitable real estate developers, supported by sustained […]

Arabian Post Staff -Dubai   Jazeera Airways is preparing to restore a significant portion of its network, planning to operate about 200,000 seats in April as it attempts to stabilise operations disrupted by a widening regional conflict that has rattled aviation and energy markets. The Kuwait-based low-cost carrier said the planned capacity would amount to roughly 40 per cent of its pre-conflict network, reflecting a cautious but […]

India has purchased its first shipment of liquefied petroleum gas from Iran in several years, following a temporary easing of United States sanctions on Tehran’s oil and refined fuel exports, signalling a cautious shift in regional energy trade flows. The cargo marks a notable development in India’s energy procurement strategy, which has been shaped by geopolitical constraints since Washington reimposed sanctions on Iran in 2018. The latest […]

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. […]

San Francisco played host to a decisive moment for the cybersecurity industry as winners of the 2026 Cybersecurity Excellence Awards were unveiled during the RSA Conference, highlighting a sharp pivot toward artificial intelligence-driven security as the sector’s defining battleground. Organised by Cybersecurity Insiders, the awards recognised companies, technologies and professionals demonstrating leadership across a broad range of categories. This year’s results underscored the growing urgency surrounding AI […]

VISHNU RAJA
RYO YAMADA
HITORI GOTOH
IKUYO KITA